DENVER, Colo., July 18, 2019- (24/7MarketNews via COMTEX) Venture Market News for July 18, 2019.
Origin House Announces Record Preliminary Unaudited Revenue of Approximately $21 Million(1) for the Second Quarter of 2019
Over 88% sequential growth in Q2 2019 preliminary unaudited revenue (compared to Q1 2019), primarily driven by focused execution in expanding California market.
OTTAWA, July 18, 2019 /CNW/ – CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) (“Origin House” or the “Company”), a North American cannabis products and brands company today announced preliminary unaudited revenue of approximately $21 million1 for the second quarter ended June 30, 2019, at an approximate gross margin, excluding fair value items, of 17%1. All figures are reported in Canadian dollars, unless otherwise indicated.
Sunniva Announces Receipt Of CAD $1,000,000 Deposit For Sale Of Sunniva Medical Inc. And Announces CAD $5,000,000 Short Term Bridge Financing
VANCOUVER, British Columbia, July 18, 2019 /CNW/ — Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE: SNN) (OTCQB: SNNVF), a North American provider of cannabis products and services, announced that it has received a non-refundable payment of deposit in the amount of CAD $1,000,000 under the share purchase agreement dated June 11, 2019, pursuant to which Sunniva has agreed to sell Sunniva Medical Inc. (“SMI”) to CannaPharmaRx, Inc. The closing of the transaction is now anticipated to occur in August.
MediPharm Labs Conditionally Approved to Graduate to the TSX
TORONTO, July 18, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSXV: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a global leader in specialized, research-driven cannabis extraction, distillation, purification and cannabinoid isolation, is pleased to announce that it has received conditional approval from the Toronto Stock Exchange (“TSX”) to graduate from the Toronto Venture Exchange (“TSXV”) and list its common shares on the TSX under the symbol “LABS”.
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