VANCOUVER: PeakBirch Logic Inc. announced its expansion into the Canadian market. PeakBirch will offer Canadian consumers access to premium selections of vaporizer, glass, and accessory brands through its existing network of relationships and distribution outlets. Canada legalized the sale and consumption of adult-use cannabis in 2018 and has since become a fast-growing market. Canadians spent…
Category: Canadian Exchange
Oil & Gas, Electricity, Renewables, Canadian Exchange, News Releases
Nabati Food Inc. launches plant based meat
VANCOUVER: Eat Beyond Global Holdings Inc. announced that its portfolio company, Nabati Foods Inc., launched its plant-based meat line this month on November 3rd, and the products are expected to be in stores by January of 2021. This plant-based meat line is also planned to launch in the U.S. in Q1 of 2021, in time…
Jushi Holdings announces significant expansion of Pennsylvania cultivation facility
BOCA RATON: Jushi Holdings Inc., a cannabis operator, announced plans to nearly double the square footage of its subsidiary’s grower-processor facility in Scranton, Pennsylvania from approximately 90,000 sq. ft. to more than 160,000 sq. ft. in a phased expansion. The majority of the approximate 70,000 sq. ft. expansion project will be focused on increasing the…
XS Financial obtains revolving credit facility to support continued growth
LOS ANGELES: XS Financial Inc. has successfully closed a US$2million senior secured revolving credit facility, with an FDIC insured bank, which has a term of two (2) years, expiring in November 2022. Loans made under the revolving facility will bear interest at an annual rate equal to the greater of i) eight percent (8.0%) per…
Indus Holdings expanding to become largest producer in American cannabis
SALINAS: Indus Holdings Inc., a vertically integrated cannabis company, announced that it has entered into a Letter of Intent (LOI) to lease a neighboring facility to host expanded cultivation operations. The LOI contemplates a 20-year lease with a 5-year extension option. “This contemplated expansion is not just another leg in our journey towards becoming the…
NetCents Technology all set to launch its crypto backed Visa Card
VANCOUVER: NetCents Technology Inc. has provided and an update on the NetCents Cryptocurrency Credit Card. To refresh investors on August 10, 2020, the Company announced that it joined the Visa Fintech FastTrack Program – for the rollout of a Crypto-Backed Visa Card, this project superseded the previous credit product since it was an opportunity to…
Derek Anderson Joins Draganfly Board of Advisors
LOS ANGELES: Draganfly Inc. announced that Hall of Famer and Former NBA and NCAA Champion Derek Anderson has joined as a member of the Board of Advisors to help champion Draganfly’s Vital Intelligence technology into colleges and professional sports . Since retiring from the NBA, Derek Anderson founded the Stamina Foundation which provides educational programming…
Primo Nutraceuticals to acquire Full Spectrum Biosciences Inc.
VANCOUVER: Primo Nutraceuticals Inc. has signed a binding letter of intent (LOI) to acquire 100 percent assets of Full Spectrum Biosciences Inc.(FSB),a Colorado company. FSB is an intellectual property (IP), formulation and white label provider that has conducted sales via e-commerce, online, Amazon and doctors’ offices within the United States offering popular CBD, CBG and Hemp…
PlantX acquires UK e-commerce company, Bloombox Club UK
VANCOUVER: PlantX Life Inc. has completed its acquisition of Bloombox Club Limited, a privately held e-commerce company based in the United Kingdom that sells and delivers indoor plants to its established wellness community via subscription service and online shop. PlantX paid a purchase price of £8 million that was satisfied by a combination of £560,000…
PlantX Partners with House Plant Shop to launch U.S. plant vertical
VANCOUVER: PlantX Life Inc. announced its partnership with House Plant Shop who will assist PlantX with launching its U.S. plant vertical. The Company will also feature House Plant Shop products on its new U.S. e-commerce platform. The partnership will allow PlantX, the digital face of the plant-based community and one-stop-shop for everything plant-based, to offer…
TerrAscend Corp to acquire HMS Health and HMS Processing from Curaleaf
NEW YORK: TerrAscend Corp. has signed of a definitive agreement to acquire HMS Health LLC and HMS Processing LLC from Curaleaf Holdings Inc, a news release said. HMS is a cultivator and processor of medical cannabis products in the state of Maryland. The acquisition is expected to be immediately accretive to TerrAscend on an EBITDA…
Pure Extracts Technologies commences trading on the Canadian Securities Exchange
VANCOUVER: Pure Extracts Technologies Corp. announced that the company’s stock commenced trading on the Canadian Securities Exchange (CSE) under the symbol “PULL” on November 5, 2020. “There currently is a tremendous consumer demand for natural health products with the ability to immediately enhance our quality of life. With Health Canada officially granting Pure Extracts a…