Venture Market News for September 5, 2018
- Supreme Cannabis Approved for Additional Production Capacity
Supreme Cannabis receives approval for additional 20,000 sq.ft. of flowering rooms at 7ACRES facility
New flowering rooms expected to support an increase in annual production potential to 13,330kg
TORONTO, Sept. 5, 2018 /CNW/ – The Supreme Cannabis Company (“Supreme Cannabis” or the “Company”) (TSXV: FIRE) (OTCQX: SPRWF) (FRA: 53S1), announced that it has obtained Health Canada approval to commence cultivation on approximately 20,000 square feet of additional flowering rooms at its 7ACRES facility.
- Aurora Cannabis Partners with TIFF’s ‘Share Her Journey’ to Help Empower Women in Film
TIFF campaign prioritizes gender parity, champions female storytellers
TORONTO, Sept. 5, 2018 /CNW/ – As part of its ongoing commitment to the arts, Aurora Cannabis announced its support of Share Her Journey, a fundraising campaign organized by the Toronto International Film Festival (TIFF) that prioritizes gender parity while increasing participation, skills, and opportunities for women behind and in front of the camera. Aurora has already made a significant contribution and is working closely with the organizers on additional fundraising opportunities during the festival.
- Namaste announces 300% growth for August month-on-month revenue in its Canadian marketplace and 50% growth in its global platform
VANCOUVER, Sept. 5, 2018 /PRNewswire/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N) (FRANKFURT: M5BQ) (OTCMKTS: NXTTF) is pleased to announce that the Company has achieved a 300% month-on-month growth rate in its Canadian marketplace, in comparison with August of 2017, and 50% growth globally. In the month of August of 2018, the Company generated $1.65M in revenue which represents a 50% increase in revenue in comparison with August of 2017 after consideration of the loss of revenue due to Namaste divesting its US assets that were incorporated into its 2017 sales. The Company has also achieved over 300% growth on its Canadian websites, which now includes over 17,000 customers.
- Bespoke Extracts Announces Launch of Wholesale CBD Division, Among Other Key Marketing and Business Developments
SUNNY ISLES, Fla., Sept. 05, 2018 (GLOBE NEWSWIRE) — Bespoke Extracts, Inc. (OTCQB: BSPK), producer of high quality, great tasting, hemp-derived CBD products, today announced the launch of its newly formed Wholesale Division, which will market and distribute Bespoke’s full line of premium CBD products directly to specialty retailers and dispensaries worldwide. In support of the new division, the Company has created a dedicated business-to-business (B2B) ecommerce site found at www.WholesaleCBD.com.
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