FluroTech Ltd. (TSXV:TEST), (“FluroTech” or the “Company”) is pleased to announce the initial trading of company shares under the symbol TEST on the TSX Venture Exchange.
In addition, the Company is also pleased to announce the appointment of Rex H. Kary as Chief Operating Officer of FluroTech. Rex will be responsible for overseeing all operational functions including the commercialization of the Company’s first product line, CompleTest™, while balancing growth of market share and enhancing shareholder value.
“The addition of Rex is part of FluroTech’s commitment to commercialize its cannabis testing technology commencing the summer of 2018” said Danny Dalla-Longa, FluroTech’s CEO and co-founder. “We are excited to continually be able to attract highly skilled executives as we build out our marketing and production operations while delivering our first product lines to market”.
Rex brings three and a half decades of executive experience, successfully building early stage companies to become industry leaders through a disciplined corporate process that focuses on a consistently high level of service to all customers while expanding market reach, production capacity, and continued development of a litany of products and service options. Rex’s business activities have encompassed the majority of Canada and the US, acting in various roles as a producer, marketer, purchaser and seller of products. Often his responsibilities included the negotiation and implementation of multi-jurisdictional transactions with long-term agreements for the purchase and sale of a company’s current and future years of production.
The line of products that will be developed under the CompleTest™ brand in 2018 include Portable Testing Devices, Desktop Testing Devices, and Test Kits for Heavy Metals, THC/CBD potency, and Pesticide – Chemical contaminates.
It is expected the company will launch its marketing program to licensed producers with direct sales of the portable and desktop testing devices for heavy metal and potency tests this summer.
To learn more, visit www.FluroTech.comAbout CompleTest™
Alistair Ross Technology Centre 403.680.0644
Suite 111, 3553-31 Street NW firstname.lastname@example.org
Calgary, AB T2L 2K7
Cautionary Statement Regarding Forward-Looking Information
This news release contains “forward-looking information” within the meaning of Canadian securities legislation. Forward-looking information generally refers to information about an issuer’s business, capital, or operations that is prospective in nature, and includes future-oriented financial information about the issuer’s prospective financial performance or financial position. The forward-looking information in this news release includes disclosure about the future performance of the Company.
The Company made certain material assumptions, including but not limited to prevailing market conditions and general business, economic, competitive, political and social uncertainties to develop the forward-looking information in this news release. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.
Actual results may vary from the forward-looking information in this news release due to certain material risk factors. These risk factors include, but are not limited to, adverse market conditions and regulatory and other risks associated with the medical cannabis industry in general. The Company cautions that the foregoing list of material risk factors and assumptions is not exhaustive.
The Company assumes no obligation to update or revise the forward-looking information in this news release, unless it is required to do so under Canadian securities legislation.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.
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).