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Expected to Become First Ever African Business Woman to Chair a Publicly Traded Cannabis Company Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that upon closing of the previously announced acquisition of Bophelo Bioscience & Wellness (Pty) Ltd. (“Bophelo”) (the “Transaction”), the Company intends to appoint […]
Halo Labs to Expand Globally and Acquire Bophelo Bioscience
Cannabis Industry in Lesotho, Africa to Become Gateway to EU Cannabis Markets Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has entered into a non-binding letter of intent (LOI) for the proposed acquisition of Bophelo Bioscience & Wellness (Pty) Ltd (“Bophelo”) (the “Transaction”). The […]
FSD Pharma Continues to Add Expert Advisors Amid Buildout of Massive Facility
FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) has been focused on building out its board of directors and advisory board since becoming a full Canadian licensed producer earlier this year. After receiving its cultivation license in 2017, the company began work on a massive cultivation facility that could house nearly four million sq. ft. on […]
Rubicon Steps Up to the Cannabis Branding Plate
In the rapidly-evolving legal cannabis industry, we’ve gone from complete prohibition to limited medical markets to widespread retail markets in a few short years. In order for licensed producers to compete in the retail marketplace, the need to develop powerful consumer brands has become an incredibly important step for success. Companies that manage to […]
Freshly Public, This Company is Building a Global Cannabis Footprint
Jushi Holdings Inc. (NEO: JUSH) made its public debut on Monday, June 10th. The Boca Raton-based company has assembled a highly skilled and diversified team that is moving with a purpose, building a global footprint via organic and inorganic growth to capitalize on booming demand for cannabidiol, or CBD, in North America and abroad. According […]
DehydraTECH: The Cynosure of Efficient CBD Delivery
Scientists use words like “bioavailability,” “pharmacokinetics” and “targeted” in describing keys to efficiently treating disease and conditions. To the patient, it is just swallowing a pill, but there is years of research that goes into improving drug delivery with the goal of getting the medicine to the right spot as quickly as possible to maximize […]
The Unique Advantages, and Challenges, of Multi-State Operators
As the cannabis industry continues to mature, an increasing number of companies are choosing to become multi-state operators, with assets and operations in a number of US legal markets. Most have achieved this through the acquisition of companies with existing assets and licenses in target states, which most often become regional subsidiaries, allowing companies to […]
Israel Builds Dominant Position in the Global Medical Cannabis Industry
Israel has always been a leader in cannabis research and development—thanks to Raphael Mechoulam’s groundbreaking research—but it’s just starting to realize the potential for cultivation. In addition to having one of the highest per capita usage rates in the world, Israel is expected to soon have upwards of 50,000 patients on a waitlist and is […]
Nabis™ Founders Look to Repeat Success & Build a Leading Cannabis MSO
Nabis Holdings Inc. (CSE: NAB) was founded by two of the four founders of MPX Bioceutical Corp. (CSE: MPX), which was one of the first companies to successfully become a multi-state operator, or MSO, in the United States. In October 2018, MPX was acquired by iAnthus Capital Holdings Inc. (OTCQX: ITHUF) for C$835 million in […]
Sublime’s Stellar Team Sets It Apart in Cannabis Edibles
Sublime Canna, an award-winning cannabis manufacturing company located in California, has made headlines for the launch of Dosies, a cannabis-infused mint that’s both designed to be a throwback to the days of Tic Tacs and a way to consistently microdose specific cannabinoids. Unlike many edibles manufacturers, novelty isn’t the company’s only differentiating factor. The experienced […]
FSD Pharma Brings in World-Renowned Experts to Build Bioscience Division
The cannabis industry is quickly maturing from home grows and bongs to industrial-scale cultivation and innovative new product formats. At the core of this transformation, science is helping transform medical cannabis into cutting-edge pharmaceuticals and recreational cannabis into compelling alternatives to tobacco and alcohol. Companies that recognize the role of science are best positioned to […]
As a new industry, the next few months will be pivotal for the development of the cannabis market. With laws changing every month in jurisdictions around the globe, the room for growth is huge as the industry continues to mature. A recent study by Statista showed that in 2018, the global sales of hemp amounted […]
Halo Labs: Building a Cannabis Concentrates Empire
Cannabis concentrates are projected to reach $8 billion by 2022, according to BDS Analytics and Arcview Market Research, making it the fastest growing of the three major segments of the legal cannabis market (flower, concentrates, and edibles). In particular, vaporizers sales soared from less than $100 million in 2014 to more than half of total […]
Supreme Cannabis Revenue Soars 382% to $10M Amid Ongoing Expansion
The Supreme Cannabis Co. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) reported fiscal third quarter revenue that soared 382% year-over-year and 29% sequentially to $10 million. The gains were largely due to a 63% increase in recreational cannabis sales. “Revenue growth was driven by an increase in our capacity at the 7ACRES facility, a ramping up […]
Is Sustainable Cannabis Farming Possible?
Farming, in general, is pretty resource intensive. Cannabis farming can be even more so. One study from 2012 estimated that indoor cannabis cultivation accounted for 1% of the total electricity used in the United States, representing about $6 billion in annual expenditures. That study was done before the wave of legalization hit the US. In […]
Distribution, Brands, and Revenue Growth are Key for Emerging Cannabis Companies
As the legal cannabis market matures across North America, the story is slowly turning from potential to reality. Companies are being examined more closely than ever to gauge which ones have staying power, which ones are executing on long-heralded plans, and which ones are actually creating revenue from whatever it is they are selling. There […]
Emerald’s ultra-pure SYNC 25 CBD oil fills significant need in BC’s recreational marketplace, offering a non-THC, smoke-free alternative VANCOUVER, British Columbia, May 17, 2019 (GLOBE NEWSWIRE) — Emerald Health Therapeutics, Inc. (“Emerald”) (TSXV: EMH; OTCQX: EMHTF) has shipped 6,000 40 ml units of its SYNC 25 CBD oil to the British Columbia Liquor Distribution Branch […]
Halo Labs Revenue Triples After Expansion into California & Nevada
Halo Labs Inc. (NEO: HALO) (OTCQX: AGEEF) revenue tripled to more than $8.7 million after launching cannabis oil and concentrate operations in California and Nevada. The company’s California operations generated $5,324,396 in revenue; it’s Nevada-based business generated $514,365 in revenue; and its existing Oregon operations reported a 32.8% increase in revenue to $2,168,975 for the […]
Supreme Cannabis’ 7ACRES Facility Approved for Additional 50,000 Square Feet of Production Capacity
Licensed space at 7ACRES increases to 230,000 sqft. Target annual production capacity is estimated to increase by 28% to approximately 33,580kg. Supreme Cannabis expects to submit additional rooms for Health Canada approval in the near term. TORONTO, May 13, 2019 /PRNewswire/ – The Supreme Cannabis Company, Inc. (“Supreme Cannabis” or the “Company”) (TSX: FIRE) (OTCQX: SPRWF) […]
Grown Rogue Talks Growth Strategy in Exclusive Interview
Multi-state operators, or MSOs, have become increasingly common across the United States given their economies of scale. With the industry’s relatively easy access to capital, many of these MSOs have bought up assets at all costs to rapidly build a footprint. Investors may want to avoid some of these companies and seek out those that […]
Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) today announced its financial and operational results for the first quarter ended March 31, 2019. Entry into the California market fueled significant growth as revenues these three months were $8,718,503 representing a 302% year on year increase (three months to March 31, 2018: […]
FSD Pharma CEO Lays Out Roadmap in Exclusive Interview with CFN Media
FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) is a licensed producer focused on building out a 3.9 million sq. ft. indoor hydroponic facility near Toronto capable of producing 400,000 kilograms of dried cannabis per year. With a newly acquired sales license and 25,000 sq. ft. already in production, the company is on the cusp of […]
Halo Labs Improves Transparency with Move to OTCQX
Many Canadian cannabis companies trade on the OTC Markets rather than a national exchange due to restrictive U.S. cannabis regulations and higher costs. While many U.S. investors have access to OTC-listed securities, there is a wide range of transparency levels that can impact investment decisions and liquidity. The OTCQX® is the highest tier of the […]
Who Were the Winners at this Year’s O’Cannabiz Awards?
The O’Cannabiz Conference & Expo is happening at The International Centre in Toronto this week. With keynote speakers like Montel Williams and Ricki Lake, along with more than 275 exhibitors, the conference has considered to be one of the most influential cannabis conferences in the world covering a wide range of topics, including policy, marketing, […]
MediPharm Labs Executing on International Cannabis Extracts Strategy
Canadian companies have a bit of a head start on those from other countries where the legal cannabis framework is not as comprehensive or advanced. In many ways, countries around the globe look to Canada as a model. In fact, Australia has basically adopted Canadian medical regulations and is a few years behind Canada in […]
Halo Expands Branded Products & Launches Hemp CBD Products
The cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, driven by the legalization of recreational cannabis across a growing number of states and countries. While there are many different opportunities in the space, there are only a handful of companies that have proven their ability to generate significant […]
TransCanna Acquires Massive Vertically Integrated Cannabis Facility in California
California’s cannabis industry is projected to generate more than $6.5 billion in annual revenue by 2020, according to New Frontier Data and Arcview Market Research, which represents a 23.1% compound annual growth rate. Many companies are racing to build their production footprint, introduce new brands, expand distribution, and open new dispensaries, but few have reached […]
The Spotlight Shines on CFN Media’s Clients at The O’Cannabiz Awards
The O’Cannabiz Conference and Expo is coming to Toronto on April 25, bringing together thousands of cannabis experts and brands. Ricki Lake, Montel Williams, Jacqui Childs, Henry Rollins and other famous personalities will be featured speakers at the High Canada Magazine #1 Cannabis Event in Canada, while investors can learn about topics ranging from policy […]
Why Women, the Fastest Growing Consumers of Cannabis, are the Demographic to Watch
Although women control around $30 trillion in annual spending, the majority of companies often ignore this powerhouse of a demographic. Millennial women in particular tend to enjoy an above-average household income, and have been estimated to represent a $170 billion dollar market. Despite being a newer industry with a keen ability to identify exciting new […]
Why Branding Matters in the Cannabis Industry
The global cannabis industry is projected to reach $146.4 billion by 2025, according to Grand View Research, representing a blistering 34.6 percent compound annual growth rate. While the industry is known for strain names, like OG Kush and Girl Scout Cookies, there aren’t established marquee brands like those found in tobacco or pharmaceutical industries—which has […]
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About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
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