Primo Nutraceuticals provides infrastructure and seed-to-sale services to licensed tenant cannabis growers in Washington state. The company owns a four-acre property in the Okanogan Valley in Washington state as well as senior water rights for the land. The property hosts a 10,000-square-foot greenhouse, which has been leased to a tenant grower. Primo Nutraceuticals is currently building out two additional 10,000-square-foot greenhouses on the property and intends to expand its land package by at least six acres.
The company has also entered the US hemp market in Oregon through its subsidiary Worm Casting Farms Inc., which owns a hemp production and processing license along with 10 acres of farmland. Primo Nutraceuticals intends to build a 5,000-square-foot extraction facility on the property that is expected to be operational by early 2020.
In addition to its turnkey solutions model, Primo Nutraceuticals is developing a line of premium products and consumer packaged goods to become a leader in the international cannabis supply market. To date, the company has partnered with the Thrive Wellness brand to bring premium hemp and natural health products to North America and has acquired a proprietary CBD-blended tincture with three recipes for anxiety, energy and sleep. Primo Nutraceuticals is looking to add the Grounded CBD brand, which was featured on CBC’s “Dragons Den,” to its brand portfolio.
Primo Nutraceuticals company highlights include the following:
- Turnkey infrastructure solutions for cannabis producers.
- Primo Nutraceuticals provides seed-to-sale and ancillary services for its tenants.
- Option to purchase an additional six acres of prime growing land in the Okanogan Valley.
- Tenant already in place in a fully constructed 10,000-square-foot growing facility.
- Primo Nutraceuticals is a senior water rights holder on its property in Washington.
- Potential expansion into the hemp industry.
- Potential expansion into other states and the Canadian cannabis market.
- Partnership with MCOA in place with $1 million in financing received so far.
- Management notably holds 95 percent of the company shares.
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”).
Seattle Area Grocery Chain Metropolitan Market to Begin Carrying KOIOS and Fit Soda on March 22, 2021
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.
Pineapple Express Delivery Partners with CannTrust to Offer Same-Day and Next-Day Delivery for estoraTM Medical Cannabis Patients in Ontario
Ensuring estoraTMpatients have seamless access to their high-quality medical cannabis products
World-Class Extractions Inc. (CSE:PUMP)(FRA:WCF)(OTCQB:WCEXF) (the “Company” or “World-Class”) is pleased to announce that its subsidiary Pineapple Express Delivery Inc. (“Pineapple Express Delivery” or “PED”), a leading logistics technology company offering compliant and secure delivery of controlled substances and regulated products, has partnered with CannTrust Inc. to bring same-day and next-day delivery to estoraTM medical cannabis patients in Ontario
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.