DENVER, Colo., September 25, 2019- (24/7MarketNews via COMTEX) Venture Market News for September 25, 2019.
MediPharm Labs and TerrAscend Enter Major Private Label Concentrate Supply Agreement With Potential Value Up to $192 Million
- MediPharm Labs to supply TerrAscend with large volumes of high-quality CBD and THC distillate
- Multi-Year supply agreement to support TerrAscend’s roll out of Canadian Cannabis 2.0 derivative products
TORONTO, Sept. 25, 2019 (GLOBE NEWSWIRE) — MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”), a leader in specialized, research-driven cannabis extraction and cannabinoid isolation, is pleased to announce that it has entered into a multi-year supply agreement with TerrAscend Canada Inc., a wholly-owned subsidiary of TerrAscend Corp. (CSE: TER; OTCQX: TRSSF) (“TerrAscend”). MediPharm Labs will supply TerrAscend with approximately $27 million of high-quality private label cannabis distillate, over 24-months commencing September 2019, and, subject to certain renewal and purchase options, potentially up to $192 million over 36-months to September 2022. In connection with Canadian Cannabis 2.0 legalization, with amended regulations coming into force on October 17, 2019, TerrAscend will use this supply to support the production and launch of its exciting portfolio of branded products in Canada this fall.
Kraig Biocraft Laboratories Completes Selection of Independent Directors for its Board of Directors
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that, with the appointment of Mr. Greg Scheessele, as the third and final independent Board member, it has completed the selection of independent members for its Board of Directors
Continental Gold Commences Deepest Drill Hole to Date Targeting High-Grade Vein Extensions and the Porphyry Feeder at Buriticá
TORONTO, Sept. 25, 2019 /CNW/ – Continental Gold Inc. (TSX:CNL; OTCQX:CGOOF) (“Continental” or the “Company”) is pleased to announce that it has commenced drilling a deep diamond drill hole from the Higabra tunnel elevation at its 100%-owned Buriticá project in Antioquia, Colombia. The planned 1,600-metre hole has been designed to test for gold and copper mineralization within a known porphyry intrusive body located in the footwall of the Veta Sur vein system and along the western extension of the Yaraguá vein system. This hole will also test the depth extensions of both high-grade vein systems.
MariMed Hemp Signs Exclusive Agreement with Major Beverage Distributor to Market its CBD Brands in Rhode Island and Connecticut
NORWOOD, Mass., Sept. 25, 2019 (GLOBE NEWSWIRE) — MariMed Inc. (OTCQX: MRMD), a premier cannabis and hemp multi-state operator focused on health and wellness, announced that the HempEngine™ group of its MariMed Hemp subsidiary has signed an exclusive agreement with one of the largest beverage distributors located in the Northeast U.S., serving more than 8,500 on- and off-premise locations.
NaturalShrimp, Inc., Provides Update on La Coste, Texas Plant Upgrade; Announces Purchase of 20 New Fiberglass Tanks from Texas Manufacturer
Dallas, Texas, Sept. 25, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — NaturalShrimp, Inc. (OTCQB:SHMP), the aquaculture Company that developed and patented the first commercially-operational RAS (Recirculating Aquaculture System) for shrimp, announced today that the upgrade of its La Coste, Texas pilot plant is proceeding well.
Leafbuyer Technologies, Inc. Posts 59% Year Over Year Revenue Growth
Leafbuyer Technologies, Inc. (LBUY) (“Leafbuyer” or “the Company”), a leading cannabis technology company, announced today that annual revenue rose 59% in the fiscal year ending June 30, 2019. The increase reflects the revenue booked in the year versus the previous year.
Ahold Delhaize increases commitment to slash food waste in half by 2030
Ahold Delhaize joins “10x20x30” initiative launched today in New York
Zaandam, the Netherlands, September 25, 2019 – Ahold Delhaize today announced it will extend its commitment to cut food waste in its brands’ operations. The reduction is in line with the global goal of reducing food waste by 50% by 2030. It will also initiate partnerships with its suppliers to further reduce food waste. This new target further builds on our 2016 commitment to reduce food waste by 20% by 2020.
First Mining Intersects 4.17 g/t Gold over 41 metres at the Goldlund Property
VANCOUVER, BC / ACCESSWIRE / September 25, 2019 / First Mining Gold Corp. (“First Mining” or the “Company”) (TSX:FF)(OTCQX:FFMGF)(FRANKFURT:FMG) is pleased to announce initial assay results from the drilling completed to date at the Miller prospect (“Miller”) which forms part of the Company’s wholly-owned Goldlund property (“Goldlund”) in Ontario, Canada. Miller is located 10 kilometres northeast and along strike of the current resource area at Goldlund.
Khiron Secures Approval to Sell Three More CBD Wellness Products
- Approval to sell three additional Kuida® CBD products focused on anti-aging, hydration and everyday skin care
- Expands revenue generating Kuida® cosmeceutical portfolio to 10 SKU´s
- First sales expected in Q4 for the newly approved products
- Kuida® portfolio first INVIMA-approved branded CBD beauty product in Colombia
TORONTO, Sept. 25, 2019 /PRNewswire/ – Khiron Life Sciences Corp. (“Khiron” or the “Company”) (TSXV: KHRN), (OTCQB: KHRNF), (Frankfurt: A2JMZC), a vertically integrated cannabis leader with core operations in Latin America, announced today that the Company has received approval from INVIMA, Colombia’s health agency, to sell 3 additional Kuida® CBD skin care products. This expands on the 7 products currently available at retail and online in Colombia, with first sales of the newly approved product expected in Q4.
4ocean’s First Canadian Community Shoreline Cleanup Powered by Air Canada Collect More Than 3,200 Pieces of Ocean Polluting Items
- Plastic, styrofoam, car parts and lawn chairs among the debris collected
- Community cleanup event complements airline’s overall waste and plastic reduction efforts
MONTREAL, Sept. 25, 2019 /CNW Telbec/ – More than 345 volunteers including Air Canada employees took part in the first Air Canada-sponsored public cleanup in Canada on Sept. 22 at British Columbia’s Garry Point Park. In the span of a few hours, the following was removed from the shoreline:
Green Growth Brands to Hold Fourth Quarter and Fiscal Year 2019 Earnings Conference Call on October 24, 2019
Release of financial results available after close of Canadian Securities Exchange
on October 23, 2019
COLUMBUS, Sept. 24, 2019 /PRNewswire/ – Green Growth Brands Inc. (GGB or the Company) (CSE: GGB) (OTCQB: GGBXF) today announced it will report results for the fourth quarter and fiscal year 2019 ending June 30, 2019, at approximately 5:00 PM ET on Wednesday, October 23, 2019.
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