Beleave Inc. (CSE:BE) (OTCQX:BLEVF) (“Beleave” or the “Company”) would like to commend the outstanding leadership, tenacity, and bravery of the Canadian government in passing Bill C-45 into law. As the first G7 country to legalize cannabis, this forever reaffirms Canada’s reputation as a forward-thinking nation to live and do business in.
Beleave continues to build its distribution to be well-positioned to meet the demand of the recreational and medical cannabis markets. The Company’s greenhouse expansion in Hamilton is well underway while it is continuing to expand its network of medical clinics by way of the Medi-Green brand and its recreational retail stores through a newly-granted retail license in Saskatchewan. The Saskatchewan license is the first of many proposed retail locations the Company plans to roll out in Canada which will offer a diverse range of products available both online and in store.
“Beleave has had a great year so far,” said Beleave’s CEO, Andrew Wnek. “This milestone has been a long-time coming and now that it’s here we can celebrate another win and move forward. We feel the comprehensive regulatory framework for adult cannabis use is fair and will work to eliminate the black market, protect our youth, and remain mindful of public health and safety.”
The Company released news yesterday announcing its global expansion into Colombia, a jurisdiction believed to be right behind Canada on the path to legalized and regulated cannabis. The Company plans to strike more deals in a well thought out and strategic manner advantageous to shareholder growth without paying the high premiums currently associated with todays cannabis marketplace.
“We’ve raised roughly $20 million in the last several months, strengthening the company’s balance sheet to capitalize on industry opportunities. We thank our investors for their continued confidence and support,” commented Bojan Krasic, Beleave’s Director and CFO. “Also, we acknowledge the diligence of our amazing team. Their hard work, dedication, and innovation has prepared us like never before for this next chapter in Beleave’s story.”
Beleave is a biotech company and the Company’s wholly-owned subsidiary Beleave Kannabis Corp. is licensed to cultivate and sell medical cannabis and produce cannabis oils and extracts pursuant to Health Canada’s Access to Cannabis for Medical Purpose Relations. Beleave has been selected to operate in Saskatchewan’s upcoming cannabis retail market and has developed a network of medical cannabis clinics under the Medi-Green banner. The Company has applied for various patents to broaden its strong research focused foundation.
This news release contains “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). The use of any of the words “plan”, “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and other similar words, or statements that certain events or conditions “may” or “will” occur are intended to identify forward-looking information. These statements are only predictions. Although the Company believes that the expectations and assumptions on which the forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. Since forward-looking information addresses future events and conditions, by its very nature it involves inherent risks and uncertainties. This information speak only as of the date of this news release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents, which can be found under the Company’s profile on www.sedar.com.
American cannabis sales hit US$17.5 billion in 2020, a research group’s new study shows.
Meanwhile, a Canadian cannabis producer began offering CBD beverages in the US, another move that shows how interested Canadians are in the overall US cannabis market at the moment.
Some pretty important news out of health and wellness; beverage and natural products company BevCanna Enterprises Inc. (CSE:BEV, Q:BVNNF, FSE:7BC) this week. For those of you following the Company with us, stay tuned.
As investors continue to prioritize cannabis opportunities in the US, market watchers expect mergers and acquisitions (M&A) to play a role in the future for Canadian companies.
A consolidation trend has been expected in the Canadian cannabis space for some time now based on the size of the market compared to the number of operations in the country.
BioHarvest Sciences Inc. Unveils the Unique Polyphenolic Content of Its Upcoming Olive-Based Nutraceutical
The product will include polyphenols known to have significant health benefits.
BioHarvest Sciences Inc. (CSE: BHSC) (“BioHarvest” or the “Company”) has reached an important milestone in its development program of additional Nutraceuticals. The olive-based Nutraceutical product scheduled for market availability in the second half of 2022 will contain the following unique matrix of polyphenols: hydroxytyrosol, trosol, and verbascoside. These compounds are the major polyphenols in naturally grown olives and are responsible for the high antioxidant activity of olives and olive oil. Importantly, the BioHarvest olive-based Nutraceutical product will provide all the benefits of olives and olive oil with a low calorie count per serving.
Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco” or the “Company”), one of the largest vertically integrated multistate cannabis operators in the United States, announced today that it will report financial results for the fourth quarter and full year ended December 31 st , 2020 on Thursday March 25 th , 2021 before the market opens.
The Company will host a conference call and webcast to discuss its financial results and provide investors with key business highlights on Thursday March 25 th , 2021 at 8:30am Eastern Time (7:30am Central Time).