Hemptown Organics has launched its campaign on the Investing News Network’s cannabis channel.

Hemptown Organics is a hemp company producing crops with some of the highest cannabinoid rates in the US. Following a successful first harvest, Hemptown is scaling its operations to meet the coming demands of the hemp and CBD market. Hemptown is also preparing a new crop that it considers to be the future of cannabis: cannabigerol (CBG). CBG is high in cannabinoids and has numerous benefits, including antifungal and antimicrobial properties.

Hemptown has also acquired premium cannabis genetics capable of returning between 12 to 15 percent full-spectrum CBD, among other cannabinoids. The company intends to grow 500 acres of high-CBG crops in 2019, which would make Hemptown one of the largest CBG producers in North America. The company utilizes proven farming methods, including proprietary combine harvesting technology and state-of-the-art drying facilities that are capable of producing quality yields to regulatory standards.

Hemptown’s company highlights include the following:

  • Hemptown is a multistate operator with distributed production across Oregon, Colorado and Kentucky.
  • The hemp market could generate over $20 billion in CBD sales in the US by 2024.
  • To position the company for growth, Hemptown is focusing on developing CBG products, which may have cosmetic and pharmaceutical applications.
  • The company has dried and stored up to 110,000 pounds of hemp and expects to reach three million pounds of hemp in 2019.
  • Hemptown expects to generate over US$100 million in revenue in 2019.
  • The company’s hemp products meet US Hemp Authority standards.
  • Hemptown currently has over 1,500 acres of cultivation space across three states as well as a 40,000-square-foot extraction facility in Oregon.
  • The company has a diversified product line that has average margins between 76 percent to 88 percent.
  • Hemptown is a founding board member of the California Hemp Council.
  • Management notably holds 50 percent of the company shares.

Click here to connect with Hemptown Organics Corp. and to request an investor presentation.


CanBud Distribution Corporation (CSE: CBDX) (FSE: CD0) (“CanBud” or the “Corporation”) is pleased to announce that it has closed the final tranche of its oversubscribed non-brokered private placement for aggregate gross proceeds of approximately $4,730,000 (the “Offering”).

The Corporation issued a combined total of 39,409,346 units (each a “Unit“) at price of $0.12 per Unit, with each Unit comprised of one common share in the capital of the Corporation (each a “Common Share“) and one common share purchase warrant (each a “Warrant“). Each Warrant entitles the holder to purchase one additional Common Share at an exercise price of $0.22 within 24 months of the closing of the Offering (the “Warrant Term“), provided, however that if the closing price of the Common Shares on the Canadian Securities Exchange (the “CSE“) (or any such other stock exchange in Canada as the Common Shares may trade at the applicable time) is $0.25 or greater per Common Share for a period of five (5) consecutive trading days at any time after the closing date of the Offering, the Corporation may accelerate the Warrant Term such that the Warrants shall expire on the date which is 30 days following the date a press release is issued by the Corporation announcing the reduced warrant terms.

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Thoughtful Brands Inc. (CSE:TBI)(FSE:1WZ1)(OTCQB:PEMTF) (the “Company” or “Thoughtful Brands) announces that the letter of intent with Franchise Cannabis Corp. (“FCC”), previously announced in January, has been terminated. The previously announced European joint venture with FCC will continue and allow the Company to launch and tailor its products to European consumer demands

In connection with termination of the merger transaction with FCC, the Company has agreed to pay FCC $100,000 in cash and to issue FCC 5,000,000 common shares of the Company at a deemed value of $0.05 per share. The common shares will be subject to a four-month-and-one-day statutory hold period in accordance with applicable securities laws.

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Mergers and acquisitions (M&A) in cannabis space have helped boost the industry to new levels.

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Strategic sale of non-core assets by Lobe adds non-dilutive capital and shareholder value

Lobe Sciences Ltd. (CSE: LOBE) (OTC Pink: GTSIF) (“Lobe” or the “Company”) is pleased to announce, further to its press release dated February 23, 2021, that it has completed the sale to Ionic Brands Corp. (“Ionic Brands”) of Lobe’s non-core cannabis assets relating to Washington-based Cowlitz County Cannabis Cultivation Inc. (“Cowlitz”) held by Lobe’s subsidiary vendor, Green Star Biosciences Inc. (the “Transaction”).

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Adding to its existing presence on the west coast of the United States, all five KOIOS™ flavours and all four Fit Soda™ flavours will be carried in Metropolitan Market stores beginning on Monday, March 22, 2021. Serving the Seattle-Tacoma area (population 3.87 million), Metropolitan Market is one of five chains under its parent firm Good Food Holdings, which has a total of 51 stores in California, Oregon, and Washington State.

Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF) (the “Company” or “Koios”) is pleased to announce that beginning on Monday, March 22, 2021, Koios’ entire line of canned beverage products will be sold at all locations of Metropolitan Market, an urban format supermarket chain in the Seattle-Tacoma area of Washington State. In Q1 2021, the Company announced multiple placements of its beverage products with regional grocers in markets on the west coast of the United States including Market of Choice in Oregon Jensen’s in Southern California and major natural grocery chain Sprouts Farmers Market which has a substantial west coast presence with over one third of its locations (360+ stores across 23 states) in California as well as Washington State 1 . The Company has also recently announced other developments relating to its expansion efforts being undertaken in 2021 such as an in-house beverage canning facility and distribution agreements with regional and national wholesale partners.

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