Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., August 26, 2019- (24/7MarketNews via COMTEX) Venture Market News for August 26, 2019.

Curaleaf Announces Sale-Leaseback Transaction with Freehold Properties Totaling $28.3 Million

WAKEFIELD, Mass., Aug. 26, 2019 /PRNewswire/ — Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) (“Curaleaf”), a leading vertically integrated cannabis operator in the United States, today announced it has signed a sale-leaseback agreement with Freehold Properties valued at approximately $28.3 million for six of its properties in Florida, Massachusetts and New Jersey.

Full press release

Canacol Energy Achieves Record 217 MMscfpd (38,070 BOEPD) in Natural Gas Sales

CALGARY, Alberta, Aug. 26, 2019 (GLOBE NEWSWIRE) — Canacol Energy Ltd. (“Canacol” or the “Corporation”) (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) is pleased to announce that it achieved a record 217 million standard cubic feet per day (“MMscfpd”) (38,070 barrels of oil equivalent per day) of natural gas sales on August 24, 2019.  This level of sales was achieved in part via the recently announced completion of the pipeline expansion between the Corporations gas processing facilities located at Jobo and the city of Cartagena at the end of July 2019.

Full press release

Khiron Life Sciences Reports Second Quarter Fiscal 2019 Financial Results

  • Advances multi-country operator strategy with acquisition of NettaGrowth, securing first medical THC and CBD cannabis license and cultivation capacity in Uruguay, and potential for access to Brazilian market
  • Closes $28,751,035 bought deal financing, including full exercise of over-allotment option
  • Completed the quarter with $55.8 million in cash
  • Expands distribution for Kuida cosmeceutical brand, signing distribution agreements with Fedco, Linio, Cafam – large consumer distribution channels in Colombia. Subsequent to the quarter signed distribution agreement with Grupo Exito, one of South America’s market leading retail groups. Khiron has now signed distribution agreements for at least 190 stores across various retailer channels and partners in Colombia
  • Subsequent to the quarter secured TSXV approval to bring Kuida to the U.S. market through Company JV with Dixie Brands
  • Transitioned and integrated ILANS clinics to progressively stronger margins, and subsequent to the quarter launched fixed fee pilot program with EPS SURA, a leading Colombian insurance provider, and 450 of its patients
  • Completed construction and commenced operations of cultivation, extraction, and analysis facilities near Ibague, Colombia. Khiron has a total of 22 cannabis strains registered and commercial production of CBD medical products is expected in September, 2019

TORONTO, Aug. 26, 2019 /PRNewswire/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV:KHRN, OTCQB:KHRNF), a cannabis company with core operations in Latin America announced today its financial results for the second quarter ended June 30, 2019. These filings are available for review on the Company’s SEDAR profile at www.sedar.com All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.

Full press release

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