NewsRoom Articles - Page 60 of 251

WednesdayMay 19, 2021 9:15 am

Pac Roots Cannabis Corp.’S (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Focus on Premium Genetics, Iconic Branding Differentiates Products in Competitive Marketplace

PACR’s partnership with Phenome One gives it access to world’s most exclusive cannabis genetics PACR’s genetics-based approach to cultivation resulted in 350 tested cultivars, 50 super-elite strains Every ounce of 105,000-pound test run purchased by Speakeasy Cannabis Club Company recently acquired established Lords of Grasstown brand that blends cannabis, motorcycle culture Saturated supply chains and a stream of new market entrants have had little effect on Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian genetics-focused cannabis company dedicated to producing premium strains and products. PACR uses a “genetics first” approach to cultivation that is critical to…

TuesdayMay 18, 2021 1:15 pm

Grapefruit USA Inc. (GPFT) Unveils New ‘One-Stop Shop’ for Hourglass-Powered Products

In 2020, more than 2 billion people purchased goods or services online; e-retail sales surpassed $4.2 trillion worldwide New online portal features GPFT’s exclusive line of THC-free, hemp-derived CBD products New website allows approved affiliates to sign up to market Hourglass products through their own Grapefruit-approved channels and platforms According to a recent report from Statista, the retail industry has undergone a transformation, with e-commerce becoming indispensable to a company’s survival (https://cnw.fm/ETlAt). In that light, the timing appears to be ideal as Grapefruit USA (OTCQB: GPFT) launches its worldwide e-commerce website, www.HourglassOnlineStore.com. The online portal features the company’s exclusive line of…

ThursdayMay 13, 2021 12:27 pm

Grapefruit USA Inc. (GPFT) Releases FY2020 Financial Report, Notes 714% Revenue Growth

Company announces renegotiation of $4.2 million of convertible notes Report shows net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over 2010 revenues GPFT looks forward to growing distribution business, ushering in the age of Hourglass After spending the last six weeks renegotiating key terms of an estimated $4.2 million of convertible notes, Grapefruit USA (OTCQB: GPFT) announced its financial results for fiscal year 2020, the period ended Dec. 31, 2020 (https://cnw.fm/L7rv5). In addition to the restructure of the convertible debt, a highlight of the report in was the company’s 714% year-over-year revenue growth.…

TuesdayMay 11, 2021 1:15 pm

Business Booming in April: Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Lands Tolling Agreement to Extract CBD from 500 Kg Hemp Biomass

CBD-infused products market is expected to grow 48.1% annually to reach $165.7 billion by 2027 Pure Extracts Technologies’ subsidiary recently began production of goods expected to generate approximately $950,000 in revenue New tolling agreement is for extraction of 80-85% pure CBD distillate from an initial 500 kilograms (~1,102 pounds) of hemp biomass Any industry forecast for double-digit growth is one worth keeping an eye on. When experts are calling for mid-double-digit annual market growth, like that of CBD-infused products, it’s worth a head turn and a stare. Meticulous Research this month forecast this market to experience compound annual growth of…

MondayMay 10, 2021 2:49 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Set to Enter California Market Through Acquisition of Lords of Grasstown Holdings

Pac Roots Cannabis completed acquisition of Lords of Grasstown Holdings on February 19, 2021 Acquisition will provide Pac Roots with foothold in lucrative Californian cannabis market, broaden its product portfolio Californian cannabis market generated total sales of $4.4 billion in 2020, more than double C$2.6bn value of the entire Canadian market last year On February 19, 2021, Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) announced the closing of a share purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd., a well-established cannabis motorcycle lifestyle brand with a tremendous following within the motorcycle and legal cannabis communities (https://cnw.fm/e2y22).…

WednesdayMay 05, 2021 12:52 pm

Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Agreement with Renowned Cannabis Farming Company Supports Focus on Genetics

Strategic licensing agreement with Phenome One key to Pac Roots success Pac Roots has unlimited access to one of Canada’s largest live genetic libraries for growing, breeding, cloning use Company’s passion is preserving excellence of elite strains while introducing highest quality of new strains From the beginning, Pac Roots Cannabis (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been committed to quality. In fact, the company’s motto — the Future of Genetics: Quality over Quantity — captures the company’s unique expertise and focus on elite genetic development (https://cnw.fm/DQhiA). One of the key components of Pac Roots Cannabis’s business model is its…

WednesdayMay 05, 2021 11:27 am

Current Deficiencies in The Rational Development of CBD-based Wellness Products

Even major players in the CBD market do not offer detailed and verifiable study results to effectively differentiate their products on the basis of meaningful clinical findings, essentially exploiting the “natural” label without any R&D efforts This industry deficiency represents immense opportunities for R&D-driven companies such as Green Hygienics Green Hygienics intends to use its intellectual and capital resources to establish and apply state-of-the-art research and development to a new generation of cannabinoid-based products having specifically assessed health-wellness efficacies CBD Reality Check Interest in the therapeutic use of hemp-derived nonintoxicating cannabinoids, such as cannabidiol (“CBD”) and cannabigerol (“CBG”), has reached…

MondayMay 03, 2021 12:52 pm

Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Makes Headway into Canadian Cannabis Vape Market with 25,000 Unit Production Run

Production underway for 25,000 vape cartridges using PULL full spectrum oil formulations, including Super Lemon Haze, Grand Daddy Purple and Girl Scout Cookies/GSK Company estimates retail sales revenue for this production run will be approximately $750,000 60% of respondents in StatCan’s Canadian 2020 Cannabis Survey that used vaporizer for cannabis in the last 12 months used oil/extracts “Cannabis 2.0,” the colloquial term for legalization of cannabis derivatives in Canada late in 2019, represented the outset of new trends in how people consume cannabis products with the accessibility of goods like drinks and vape products. While some companies have devoted considerable…

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.…

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