Naturally Splendid Enterprises Ltd.’s 100-per-cent owned pet care line, PawsitiveFX, is now carried in over 80 retail stores in Western Canada thanks to an aggressive push from the distributor Anipet Animal Supplies. Anipet’s team has opened 55 new stores since Sept. 1, including a range of large chain stores such as Mr. Pets, Bosleys by Pet Valu, Pet food n’ More, Petland and Global Pet. Founded in 1976, Anipet’s reach extends across Canada throughout the Pet Specialty Channel, reaching over 1,000 retailers that include Global Pet Foods, Mr. Pets, Petland, Pet Food N’ More, Tisol and Total Pet. Anipet is the premium distributor of choice in Western Canada for some of the industry’s best-selling brands such as Merrick Pet Care, Natural Balance, Greenies, Petcurean and Petmate and WellPet.
In addition, the British Columbia Society for the Prevention of Cruelty to Animals (BC SPCA) will also be selling PawsitiveFX products in select branches, starting with their new retail location in the main Vancouver shelter. Naturally Splendid’s intention is to have other BC SPCA branches follow suit, as well as SPCAs and humane societies elsewhere in Canada. BC SPCA is a not-for-profit organization dedicated to protecting and enhancing the quality of life for domestic, farm, and wild animals in British Columbia. The BC SPCA provides emergency medical care, protection and shelter for more than 34,000 animals each year through various branches and adoption centres throughout B.C.
Naturally Splendid CEO, Craig Goodwin, stated:
The pet industry in North America is massive and still growing. The Canadian market reached sales of $6.6-billion in pet related items in 2012 and is expected to grow to $8.3-billion by 2018. And according to the American Pet Products Association, annual sales in the American pet market exceeds $61-billion dollars annually with the majority of those sales targeted to nutrition and pet care (1). We believe the PawsitiveFX product line to be an excellent entry level point into this market.
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).