February 2021 - HempWire

ThursdayFeb 25, 2021 12:30 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Inks First CBD Oil Commercial Sale; Looks to Grow in Key Spaces

Pure Extracts is preparing to deliver shipment of 85% pure CBD distillate Company proud of quality offering produced in world-class facility PULL uses proprietary state-of-the art, sub-critical/super-critical CO2extraction system Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company, has signed a contract for its first CBD oil commercial sale on the wholesale market (https://cnw.fm/ySmmL). Pure Extracts is preparing to deliver the first of what it anticipates will be multiple shipments this year of its 85% pure CBD distillate under this contract. “We are excited to have completed our first commercial order, and we are proud of the quality of…

MondayFeb 22, 2021 12:15 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) Closer to Pure Mushrooms Sales with Company Code, NPN Submission

PULL recently received Company Code from Canada’s Natural and Non-prescription Health Products Directorate Code allows PULL to submit application to sell its first functional mushroom product Company intends to submit additional NPN applications during 2021 as part of larger strategy to develop portfolio of functional mushroom wellness products Functional mushrooms, those that provide a health benefit beyond just nutrition, are growing in popularity worldwide amid an accelerating trend to fend off viruses with immune-boosting food and drinks. Looking to seize part of a global functional mushroom market forecast by Data Bridge Market Research to hit $555.9 billion by 2028, Pure…

ThursdayFeb 18, 2021 10:04 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Large Cannabis Biomass Agreements to Scale Up Extract Production, Announces DTC Eligibility of Common Shares in the U.S.

Pure Extracts entered into two large biomass purchase agreements, plans to ramp up production of high-potency THC and CBD extracts in 2021 Company expects historically low biomass purchase price will produce $590,000 revenue Company recently announced DTC eligibility of common shares for increased settlement and clearance speeds, wider access to brokerage firms Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company that focuses on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelics sector, recently entered into two substantial cannabis biomass purchase agreements (https://cnw.fm/XYzBs) in addition to announcing that its common shares are now eligible for electronic clearing…

WednesdayFeb 17, 2021 2:09 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Leverages Genetics to Produce Potent CBD Strains Amid New Research Suggesting CBD Aids COVID-19 Patients

Austrian researchers report CBD reduces inflammation and speeds recovery in ICU COVID-19 patients Research suggests CBD’s anti-inflammatory properties stave off long-term neurological damage associated with COVID-19 PACR leverages genetic technology to produce potent CBD strains with higher yields per growing season Company catalog includes 350 cultivars and 50 super-elite strains prized in industry CBD may soon become the newest support in the world’s fight against COVID-19: Researchers at the Klagenfurt Clinic in Austria recently reported positive results from cannabidiol (“CBD”) trials on COVID-19 patients that demonstrated reduced inflammation and quicker recovery times (https://cnw.fm/gUeyW). Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF), a Canada-based…

WednesdayFeb 17, 2021 1:49 pm

CannAssist International Corp. (CNSC) Focused on Leveraging Position in Growing Cannabis Industry through Strategic Marketing Plan

Vast opportunities exist in growing cannabis space CannAssist is committed to establishing aggressive marketing presence in promising market CannAssist brings impressive advancements, achievements to the table, including its propriety CiBiDinol technology Carefully developing and executing a strategic go-to-market plan has never been more important for companies operating in the cannabis industry, according to a recent “Rolling Stone” article (https://cnw.fm/uMoi5). The article urges cannabis companies to consider the industry from both a competitive perspective as well as an opportunity angle, which is exactly what CannAssist International (OTCQB: CNSC) has done as it looks toward 2021 and a projected $5.8 million share of the…

FridayFeb 12, 2021 2:55 pm

Grapefruit USA Inc. (GPFT) Rolls Out Hourglass by Grapefruit in Greater Los Angeles; Poised to Sustain Rapid Growth

Grapefruit expands availability of patented Hourglass by Grapefruit(TM) product to Greater Los Angeles area Hourglass is manufactured only at Grapefruit's Coachillin facility, available only through Grapefruit authorized retailers GPFT achieved robust growth in 2020, poised to continue momentum going forward as demand remains strong Grapefruit USA (OTCQB: GPFT), a premier fully licensed California-based company, has announced that its patented Hourglass time-release THC+Cannabinoid infused topical delivery cream has been rolled out to additional licensed retail cannabis locations in the Greater Los Angeles area (https://cnw.fm/DruVP). Hourglass is manufactured exclusively at Grapefruit's Coachillin facility and available only through Grapefruit authorized retailers. The company has…

ThursdayFeb 11, 2021 10:38 am

Green Hygienics Holdings Inc. (GRYN) Owns Largest Single USDA-Certified Organic Hemp Farm in NA; Presents Unique Potential in Growing Industry

Report notes that farmers devoted fewer acreage to cultivating hemp last year Hemp sales projected to balloon from $1.9 billion in 2020 to $6.9 billion in 2025, a threefold increase over five years GRYN hemp farm is an 824-acre, USDA-certified organic farm including an additional 400,000 square feet of indoor greenhouse space Despite significant growth in the CBD and hemp industry last year, licensed hemp acreage decreased in 2020 for the first time since the 2014 U.S. Farm Bill (https://cnw.fm/Anh6F). As the owner and operator of the largest single USDA-certified organic hemp farm in North America, Green Hygienics Holdings (OTCQB: GRYN)…

WednesdayFeb 10, 2021 2:30 pm

HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Begins 2021 Strong with OTC Market Listing, New Product, and USDA Organic Certification

HempFusion Wellness Inc. is currently in the process of applying for OTCQX listing and DTC eligibility after a swift and strategic move to enter the OTC Pink Market under the ticker symbol ‘CBDHF’ Wholly owned subsidiary Probulin Probiotics recently released Total Care Immune probiotic, which is expected to reach retailer shelves in February 2021 Probulin is recognized as one of the fastest-growing probiotic brands in the American Natural Products Industry January, HempFusion received USDA Organic Certification for its CBD tinctures In a strategic move to broaden the United States investor audience, health and wellness company HempFusion Wellness (TSX: CBD.U) (OTC:…

TuesdayFeb 09, 2021 2:37 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Private Placement to Raise Funds for Continued Successful Operations

PACR private placement comprised of 8,333,333 units for possible gross proceeds of $1.5 million Funding to support Company’s continued progress in current, potential efforts An example of Pac Roots projects includes JV with Rock Creek Farms, which resulted in profitable first harvest that delivered 200% ROI Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) has announced a non-brokered private placement (https://cnw.fm/9VKYf) to strengthen its financial position as it focuses on the future of genetics and its commitment to quality over quantity. Headquartered in Canada, Pac Roots is dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach. The announcement of the private placement…

ThursdayFeb 04, 2021 12:09 pm

CBD Market Steadiness Buoys HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) Hopes as TSX Launch Completed

Health and wellness company HempFusion Wellness, Inc. launched its IPO Jan. 6 with the ticker CBD.U, and also trades in the US under the symbol CBDHF The company distributes its brands HempFusion, Probulin Probiotics, Biome Research and HF Labs to 4,000 retailers in every state as well as select international locales, and is strategically planning for expansion Despite the economic battering some industries have experienced as a result of the global pandemic, hemp and CBD continue to see consumer use trends holding stable with forecasts for new market growth in coming years HempFusion is focused on regulatory compliance with industry…

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Month: February 2021