April 2021 - HempWire

WednesdayApr 28, 2021 11:46 am

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Retail Business to Bloom This Spring With Production of 50,000 Blister Packs

PULL starts production of roughly 50,000 blister pack gummies using Taste-T LLC’s successful proprietary manufacturing system Global CBD gummies market size estimated to grow at CAGR of 31.9% until 2025 PULL estimates $200,000 in revenue from initial batch, plans to produce three additional non-THC SKUs with varying levels of ultra-high potency CBD Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently announced it started production on roughly 50,000 Pure Chews edible gummy packs to be sold this Spring (https://cnw.fm/K57sl). The news came shortly…

TuesdayApr 27, 2021 9:53 am

Grapefruit USA Inc. (GPFT) Newest Member of Board of Directors Brings Rich Media, Digital Marketing Experience

Media, marketing veteran joins GPFT board of directors Sharon Brodie has been a pioneer in both traditional and online media, says company CEO Brodie brings more than two decades of broad experience leading Fortune 500 media campaigns Grapefruit USA (OTCQB: GPFT) has announced an addition to its board of directors. Effective immediately, Sharon Boddie will join the board, bringing her extensive background in global media and digital marketing roles to the board table (https://cnw.fm/6RxKN). “As head of media for Amazon Studios and Prime Video, Sharon has been a pioneer in both traditional and online media,” said Grapefruit CEO Bradley Yourist.…

MondayApr 26, 2021 2:19 pm

Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is ‘One to Watch’

Red White & Bloom considers itself a super state operator (not a multi-state operator), as it goes in with a sizable footprint and dominates the areas in which it operates before expanding The company currently operates, has cannabis assets in, or is in the process of closing cannabis assets in Michigan, Illinois, Florida, California, Oklahoma and Massachusetts Red White & Bloom is always looking to acquire new brands that will help to expand its brand awareness and advance its mission The company has established a major presence in Michigan through its investee, which has a total of 18 dispensaries and…

FridayApr 23, 2021 9:49 am

Grapefruit USA Inc. (GPFT) Launches E-Commerce Site Featuring Gamechanging Hourglass CBD Cream

GPFT offers convenient, one-stop shop for line of CBD-only-derived version of patented Hourglass cream Consumers can only find Hourglass-powered, CBD-derived Grapefruit products from Grapefruit or its authorized agents Patented Hourglass technology differentiates Grapefruit products from other in the CBD space In a world where convenience is a priority and sought-after products are only a click away, Grapefruit USA (OTCQB: GPFT) has unveiled a new line of hemp-derived, CBD-only products and launched a new U.S. e-commerce website to ensure the line is easily accessible (https://cnw.fm/guMcL). The new site will serve as the online home for Grapefruit’s growing portfolio of Hourglass(TM) CBD…

WednesdayApr 21, 2021 10:59 am

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Seeks to Step into Gap as Rivals Lose Market Share

Recent study delving into Canadian cannabis market revealed declining market shares for large Canadian cannabis companies Pac Roots and its peers have looked to increase their share of market, with Pac Roots recently increasing its total area under cultivation Key feature boosting Pac Roots’ prospects has been its focus on producing premium quality strains through meticulous cultivation process A recent study centered around the Canadian cannabis market and carried out by investment banking firm ATB Capital Markets in early April 2021 came up with a startling conclusion: Large Canadian cannabis cultivators had surprisingly seen their market shares decline between the…

MondayApr 19, 2021 12:34 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces LOI Aimed at U.S. Expansion

Pure Extracts plans affiliate partnership to install cannabis and hemp extraction system in existing Michigan facility Company CEO notes excitement about launching into first US initiative with experienced and entrenched partners Agreement outlines planned renovation of existing 2,600-square-foot facility located in central Michigan Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp and functional mushrooms, has inked a letter of intent (“LOI”) to form a joint venture that paves the way for the company’s entrance into the United States. Based on the LOI, PULL will partner with the affiliate of a publicly traded multi-state…

FridayApr 16, 2021 12:19 pm

Largely Untapped Market for Hallucinogenic Draws Attention of Researchers at XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT)

XPhyto Therapeutics Corp., a life sciences technology accelerator, is looking for ways to turn promising psychedelics into therapeutic pharmaceutical drugs, and recently added mescaline to its study profile Mescaline is illegal under U.S. federal law, but some state-centric efforts to legalize or decriminalize the hallucinogenic have launched in a manner similar to the populace effort that produced a wave of cannabis product legalization Mescaline has historically defied predictable outcomes by researchers, but advocates cite it as a means of successfully treating some mental health and substance abuse disorders A number of psychedelics production stocks saw huge gains during the past…

ThursdayApr 15, 2021 10:57 am

Green Hygienics Holdings Inc. (GRYN) Expanding Potential for Big Tobacco to enter CBD Cigarette Market

While more research is needed, a recent study provides some evidence that using CBD to transition from tobacco addiction holds significant promise Supply chain issues are the main barrier to entry to the CBD cigarette industry for big tobacco GRYN already owns the largest single industrial hemp for CBD farm in North America Big tobacco companies are already making strategic moves into the fast-growing hemp industry, as they are exploring hemp-based alternatives to tobacco. To make this move, they require a very large supply of quality industrial hemp from which they can derive the targeted CBD products, more specifically quality…

MondayApr 12, 2021 2:18 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Signs Letter of Intent to Co-Develop Psychedelic Mushroom-Based Psilocybin Formulations

PULL signs Letter of Intent with Psyence Group to co-develop extraction techniques for production of psilocybin drug formulations Psyence is one of world’s first psychedelic mushroom companies operating a federally legal commercial cultivation and extraction facility PULL operates best-in-class processing infrastructure under Standard Processing License by Health Canada Near term milestones include Canada-based human clinical trials Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, recently signed a Letter of Intent with the Psyence Group to develop premium extraction techniques for the production of…

MondayApr 12, 2021 12:23 pm

Grapefruit USA Inc. (GPFT) Now Owns Trademark Rights for Hourglass Name, Logo

Company announces flagship product name, logo now protected intellectual property rights “Securing our trade name is another step forward in the dawning of the Hourglass era,” says CEO Grapefruit intends to apply for similar trademark protection when the federal government legalizes cannabis Grapefruit USA (OTCQB: GPFT), a fully licensed, California-based cannabis company, has secured California Trademark protection for its patented disruptive Hourglass(TM) THC/Cannabinoid time-release delivery cream. The trademark protection means that the Hourglass name and logo are now protected intellectual property rights of Grapefruit and no other cannabis companies can use them. “Obtaining our California Trademark protection for Hourglass is…

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Month: April 2021