Chemistree Technology Inc. (CSE:CHM; OTC:CHMJF) has launched its campaign on the Investing News Network’s cannabis channel.

Chemistree Technology is building a portfolio of vertically-integrated cannabis assets across North America. By leveraging an elite team of cannabis veterans, Chemistree is building a multi-state network of cannabis operations in cultivation, processing, distribution and retail. Chemistree owns the operational assets and national branding rights to Sugarleaf, a Washington-based cannabis brand. Sugarleaf’s premium cannabis products are available in dispensaries across the state.

In addition to its Washington operations, Chemistree has begun expansion into California’s emerging cannabis market as well. The company has been granted a Conditional Use Permit (CUP) by the city of Desert Hot Springs, which Chemistree will use to develop its 9.55-acre property in California’s cannabis cultivation zone. Chemistree intends to continue to develop its Sugarleaf brand with distribution throughout the state of California in the future.

Chemistree Technology’s company highlights include the following:

  • Vertically-integrated company expanding into premiere cannabis jurisdictions in the US and beyond.
  • Team of true cannabis entrepreneurs with decades of experience in managing all aspects of profitable cannabis businesses including branding, cultivation, manufacturing and finance.
  • Strong foothold in Washington State, a market with nearly 750,000 recreational cannabis consumers.
  • Immediate access to one of the world’s biggest cannabis markets via California Processor’s License for Sugarleaf-branded products.
  • Granted CUP license at 9.55-acre Desert Hot Springs property.
  • Plans in 2019 to increase cultivation yield at Sugarleaf facility, expand retail footprint, product offerings and develop Desert Hot Springs greenhouse cultivation facility.
  • Well-financed with $10,830,000 capital raise completed in March 2019.
  • Tight share structure with management and consultants holding 50 percent of shares, representing more than $2 million in insider investment.

Click here to see the educational profile for Chemistree Technology Inc. (CSE:CHM; OTC:CHMJF) and to request an investor presentation.

Company is strategically building a diverse edibles portfolio with taste-forward and effects-driven products to cater to market and consumer needs

Cresco Labs (CSE:CL) (OTCQX:CRLBF) (“Cresco Labs” or “the Company”), a vertically integrated multistate operator and the number one U.S. wholesaler of branded cannabis products, today announced the launch of Wonder Wellness (“Wonder”) Gummies and availability in Illinois. The new low-dose edibles are enhanced with botanicals to complement the overall cannabis experience, and their simple packaging communicates desired effects so wellness-minded category newcomers can consume with confidence to add cannabis as a part of their daily lifestyles.

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INDVR Brands Inc. (CSE: IDVR) (the “Company” or “INDVR Brands” or “INDVR”), a premier cannabis brand, consolidator and edibles retailer, proudly announces it has signed a Letter of Intent (“LOI”) with BevCanna Enterprises Inc. (“BevCanna”) to produce and distribute certain HONU THC infused and award-winning edible products to retail locations across Canada. The new partnership marks INDVR’s first introduction to the Canadian cannabis market and its first international expansion.

With the THC infused product segment making up a growing percentage of the cannabis consumed in Canada, now is the ideal time to introduce our HONU brand into an edibles market estimated at approximately $1.6 billion annually,” said Joshua Mann, INDVR’s CEO. “Our dedication to product quality and consistency is our defining factor in producing some of the most trusted products in Washington and Oregon states, and we are excited to start building the same brand-loyal following across Canada.”

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Reports Eighth Consecutive Quarter of Positive Adjusted EBITDA and Positive Adjusted EBITDA from Cannabis Business

 Aphria Inc. (” Aphria ,” ” we ,” or the ” Company “) (TSX: APHA) (NASDAQ: APHA), a leading global cannabis-lifestyle consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today reported its financial results for the third quarter and nine months ended February 28, 2021 . All amounts are expressed in Canadian dollars, unless otherwise noted and except for per gram, kilogram, kilogram equivalents, and per share amounts.

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Thoughtful Brands, Inc. (CSE:TBI)(FWB:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands“), an eCommerce technology company that researches, develops, markets, and distributes natural health products through various brands in North America and Europe, announces that it intends to consolidate its issued and outstanding common shares (“Shares”) at a ratio of ten (10) pre-consolidated Shares to one (1) post-consolidation Share (the “Consolidation

The Company currently has 389,274,701 Shares issued and outstanding. Following the Consolidation there will be approximately 38,927,470 Shares issued and outstanding. No fractional Shares will be issued and any fractions of a Share will be rounded down to the nearest whole number of Shares. The exercise or conversion price and the number of Shares issuable under any of the Company’s outstanding convertible securities will be proportionately adjusted upon Consolidation.

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In the evolving rush of mergers and acquisitions (M&A) in the Canadian cannabis market, Canopy Growth (NASDAQ:CGC,TSX:WEED) announced it will acquire The Supreme Cannabis Company (TSX:FIRE,OTCQX:SPRWF) in a deal worth approximately C$435 million.

Meanwhile, a cannabis operator in the US confirmed this week that it will receive a financial boost from a partner to solidify its position in the burgeoning Pennsylvania state market.

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