Newstrike Resources (TSXV:HIP) released a financial report for the twelve-month period ended December 31, 2017.

As quoted in the press release:


“In just under 12 months, Newstrike has made extraordinary progress towards its goal of becoming a top-five cannabis company”, noted Jay Wilgar, Newstrike’s CEO.  “Our balance sheet is strong, our production-capacity is fully-funded and we have the resources, platform and people to selectively seize the right strategic growth opportunities which deliver sustained value to our investors and stakeholders.”

Milestones Achieved

Licensing & Production

Up Cannabis’ license was successfully amended to permit the sale of cannabis in all acceptable forms:

  • to all authorized persons under the ACMPR; and, once the applicable legislation comes into force,
  • into the broader adult-use Canadian recreational market.

The Brantford Facility:

  • Health Canada removed all limitations on the amount of cannabis that may be produced at Up Cannabis’ facility in Brantford, Ontario (the “Brantford Facility”) and, upon installation of the requisite extraction equipment, Up Cannabis is permitted to produce an unlimited amount of cannabis oils at this same facility; and,
  • received ISO 9001:2015 certification.

Click here to read the full press release.

Source: globenewswire.com

Appointment of Dr. Kelmendi, Assistant Professor of Psychiatry at Yale University and co-founder of the Yale Psychedelic Science Group, brings another experienced medical professional to Lobe’s advisory team.

 Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) is pleased to announce the appointment of Benjamin Kelmendi, MD, Assistant Professor of Psychiatry at Yale University School of Medicine, to its Scientific Advisory Board.

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Ayurcann has commenced trading on the Canadian Securities Exchange (” CSE “) on April 8, 2021 and subsequently announced a private placement of up to $500,000 (” Financing “), as per the Company’s press release dated April 12, 2021. The proceeds of the Financing are intended to be used to further pursue Phase 2 of the expansion of the production capacity of the Company’s Pickering facility.

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  • YouGov study indicates the number of current cannabis consumers has increased 56% within just two years compared to the 16% of Americans who reported current consumption in 2018.
  • 23% of current consumers say they tried cannabis for the first time within the past year.
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Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or the “Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, released the results of a survey today showing one in four Americans currently consume cannabis, reporting they’ve tried some form of cannabis within the past twelve months. That’s a significant increase since 2018* when just 16% of U.S. adults reported current consumption, representing a 56% increase in just two years. What’s more, 23% of current cannabis consumers say they tried cannabis for the first time over the past year, suggesting the COVID-19 pandemic, combined with expanded state legalization, has rapidly accelerated cannabis acceptance and adoption in America.

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Acquires Three Operating Dispensaries in Northeast Pennsylvania

Purchase price represents a mid-single digit multiple of KCR’s expected 2021 EBITDA

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TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) subsidiary Lyfted Farms has much to commemorate this 420 (April 20th) known as the international day of celebration and celebratory consumption of cannabis.

The Company fulfilled an impressive $100k initial order of 25 pounds of premium indoor exotic cannabis flower and concentrates that hit the shelves of 14 famed STIIIZY retail locations throughout California last week, just ahead of the biggest day in cannabis counterculture.

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