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AgraFlora says subsidiary Farmako in distribution agreement with Adjupharm to supply medical cannabis in Germany

Adjupharm, the German subsidiary of IM Cannabis Corp, will provide EU Good Manufacturing Practice quality medical cannabis to Farmako for a three-year term

Farmako will distribute the products in Germany to patients under the IMC brand to its established network of German pharmacies

AgraFlora Organics International Inc () said its subsidiary Farmako GmbH has entered into a binding distribution agreement with Adjupharm GmbH to supply medical cannabis in Germany. 

Adjupharm, the German subsidiary of (), will provide EU Good Manufacturing Practice (GMP) quality medical cannabis to Farmako for a three-year term, according to a statement.

Farmako will distribute the products in Germany to patients under the brand to its established network of German pharmacies. The first products are expected to launch in October 2020.

READ: AgraFlora says Farmako subsidiary secures added supply of EU-GMP certified medical cannabis from ZenPharm

The products provided by Adjupharm and distributed by Farmako include initially high potency THC flower. The portfolio is expected to be enhanced throughout the first quarter of 2021 by balanced THC and CBD flower as well as CBD dominant flower.

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AgraFlora says Farmako subsidiary secures added supply of EU-GMP certified medical cannabis from ZenPharm

The company said the agreement will facilitate the distribution of 1,500 kilograms of cannabis flower by Farmako in Germany over a three-year term

Farmako CEO Katrin Eckmans said it is the compnay's intention to establish partnerships with "reliable suppliers and ensure high quality and sustainable supply at a fair price range to German patients"

AgraFlora Organics International Inc () (OCTMKTS:AGFAF) said on Tuesday that its subsidiary Farmako GmbH has executed a binding supply agreement with ZenPharm Limited, a subsidiary of Global Inc (), to secure additional medical cannabis stock.

As result of the supply agreement, ZenPharm will supply EU Good Manufacturing Practice (GMP) quality medical cannabis flower cultivated by to Farmako for distribution to medical cannabis patients in Germany. The agreement will facilitate the distribution of 1,500 kilograms of cannabis flower by Farmako in Germany over a three-year term, said the company.

Farmako will distribute the products to its established network of German pharmacies and the products will carry Farmako’s branding, a key step in building “brand awareness and loyalty” with physicians, pharmacists and patients, noted the company. The products initially include high potency THC flower and balanced THC and CBD flower, two product categories that management believes are in highest demand in Germany. Shipments to Farmako are expected to start in November 2020.

READ: AgraFlora Organics expects first harvest at its Delta greenhouse in fourth quarter 2020

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Top Selling Products For Recreational Smoking In Canada

As cannabis becomes more legal, the world around it changes as well. The industry around it continues to expand daily. Cannabis use is more popular, and even politicians now campaign on a platform on total weed legalizations. The world is finally changing for the better, and we are here to witness i...
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Asterion Cannabis says its research partner Queensland Alliance for Agriculture and Food Innovation starts cannabis plant cloning program

QAAFI received sativa seeds for a tissue culture program designed to enable high volume and pathogen-resistant plant cultivation for medicinal purposes

The firm inked a collaborative research pact in March 2019 with the University of Queensland for an 18-month, 'proof-of-concept' program

Asterion Cannabis Inc said Thursday its research partner had received sativa seeds for a tissue culture program designed to enable high volume and pathogen-resistant plant cultivation for medicinal purposes.

The Vancouver-based company said the seeds were received by the University of Queensland’s Queensland Alliance for Agriculture and Food Innovation (QAAFI) last week.

QAAFI has begun the program, which is aiming to expedite clonal propagation of elite sections of marijuana plants to allow for high-volume and uniform plant cultivation. Clonal propagation is the multiplication of genetically identical copies of individual plants.

READ: Asterion Cannabis updates on milestones in bid to become world’s largest pharma-grade medicinal cannabis supplier

In a statement, Asterion CEO Steven Van Deventer told shareholders that the firm was pleased that all the required regulatory approvals were received and the seeds are now in QAAFI’s possession. 

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AgraFlora Organics begins R&D trials at Winnipeg edibles manufacturing facility

The company said it has now dialed in formulations for cannabis activated pectin and gelatin gummies, hard candy and sugar-free variants

Interior of the 51,000-square-foot fully-automated edibles manufacturing facility

AgraFlora Organics International Inc () (OCTMKTS:AGFAF) said it has received a necessary CRA tax license and is now creating test cannabis edibles products through its Health Canada licensed research & development (R&D) lab at the group’s edibles manufacturing facility in Winnipeg, Manitoba.

The company said through its R&D license it has now dialed in formulations for cannabis activated pectin and gelatin gummies, hard candy and sugar-free variants.

READ: AgraFlora Organics expects first harvest at its Delta greenhouse in fourth quarter 2020

"As part of the R&D program, we have begun a testing project with Agilent to improve testing standards, methods, and ensure consistent quality. Our efficient and highly automated R&D production allows us to provide a variety of sample products for our prospective clients to try for their established brands,” said James Fletcher, one of the founders and the operational manager of Edibles and Infusions Corporation, a joint venture formed between AgraFlora and one of North America’s leading confectionery manufacturing families.

AgraFlora also said it submitted its site evidence package to Health Canada for a processing license on May 28, adding that it is in regular contact with the body and remains committed to the timeline of receiving the license in the fourth quarter of 2020.

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AgraFlora Organics expects first harvest at its Delta greenhouse in fourth quarter 2020

The group said the "elite genetics" at the Delta facility will yield up to 44 varieties of strains to offer its wholesale clients a “robust product offering"

AgraFlora is in a joint venture with Propagation Services Canada Inc, which operates a 2.2 million-square-foot greenhouse complex in Delta, British Columbia

AgraFlora Organics International Inc () (OCTMKTS:AGFAF) has provided an update on progress at its flagship cultivation asset in Delta, British Columbia which embarked on planting using a curated portfolio of live-plant genetics in June this year.

Vancouver-based AgraFlora said the Delta facility expects to see its first harvest early in the fourth quarter of this year, with the first product available for sale of “low-cost, high potency cannabis strains” in the first quarter of 2021 on a wholesale basis. The company is in a joint venture with Propagation Services Canada Inc, which operates the 2.2 million-square-foot greenhouse complex in Delta, British Columbia.

AgraFlora said the "elite genetics" at the Delta facility has been tweaked to work with Propagation Services Canada's cultivation program and is expected to yield up to 44 varieties of strains to offer to its wholesale clients a “robust product offering,” while maintaining “strong cannabinoid and terpene content” plant yield every year.

READ: AgraFlora Organics International to exchange $3 million of debentures for shares

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Cannabis One announces appointment of Rahim Mohamed as an independent director as it proceeds with strategic rebranding

viewCannabis One Holdings Inc.

The group noted that Mohamed brings over 20 years of private and public sector experience having built an exceptional reputation in business development, capital markets, operational streamlining, mergers, acquisitions, and internal audit

He currently serves as chief executive officer and a director of Softlab9 Technologies Inc.

() has announced the appointment of Rahim Mohamed to its board as an independent director as the company proceeds with its strategic rebranding to INDVR Brands Inc.

The group noted that Mohamed brings over 20 years of private and public sector experience having built an exceptional reputation in business development, capital markets, operational streamlining, mergers, acquisitions, and internal audits.

READ:Cannabis One appoints Alnoor Nathoo to board amid two executive-level departures

Mohamed, who is a member of the Private Capital Markets Association of Canada (PCMA) - formerly known as Exempt Market Dealers Association of Canada (EMDA) - currently serves as chief executive officer and a director of Softlab9 Technologies Inc.

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AgraFlora Organics International to exchange $3 million of debentures for shares

viewAgraFlora Organics International Inc.

The firm said it agreed with holders of its 10% senior unsecured convertible debentures due March 12, 2021, that provides for the purchase of $3 million aggregate principal amount of the debentures

AgraFlora grows, distributes and markets premium cannabis and cannabis-infused products

Agraflora Organics International Inc () (OCTMKTS:AGFAF) has said it is exchanging $3 million worth of debentures for shares in the company.

The firm said it agreed with holders of its 10% senior unsecured convertible debentures due March 12, 2021, that provides for the purchase of $3 million aggregate principal amount of the debentures.

The cannabis company will distribute nearly 55 million shares priced at C$0.05472, which is the daily volume-weighted average price of shares between June 24, 2020, and June 30, 2020.

AgraFlora Organics International Inc. -
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Cannabis One adds new team members as company rebrands to INDVR Brands

viewCannabis One Holdings Inc.

Cannabis One (CSE: CBIS) President and Interim CEO Joshua Mann joined Steve Darling from Proactive Vancouver with news the company has changed up their board of directors. Mr Alnoor Nathoo has joined the board and Mann talks about the experience he brings.

Mann also discusses his role changing as he takes over as CEO and also why the company had decided to move away from Cannabis One, rebranding as INDVR Brands.

CSE:CBIS

Market: CSE
Market Cap: $6.27 m
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Biome Grow closes sale of its Highland Grow subsidiary to MYM Nutraceuticals Inc

Highland Grow is licensed to cultivate, process, and distribute cannabis from its facility in Antigonish, Nova Scotia

Cannabis One appoints Alnoor Nathoo to board amid two executive-level departures

The personnel changes come as the company prepares to strategically rebrand itself INDVR Brands

Nathoo is principal of a hotel development company that has developed and sold over 10 hotels across Canada 

Cannabis One Holdings Inc () (OTCMKTS:CAAOF) announced Tuesday the appointment of Alnoor Nathoo to its board of directors, one of several new additions the company said it plans to make. 

The company also announced two resignations, that of board director Bernard Radochonski and interim CFO Theresa Mohan. Radochonski still remains a large shareholder and long-standing supporter of the company, the group noted.

The executive-level personnel changes come as Cannabis One prepares to strategically rebrand itself INDVR Brands Inc in a bid to better reflect its cannabis distribution business model.

READ: Cannabis One to transform into fully licensed Colorado operator as it cuts deal to acquire Cannabis Corp

In a statement, Cannabis One noted that Nathoo brings a wealth of public and private company experience. He is the principal of a privately held hotel development company which over the past two decades has developed and sold over 10 hotels across Canada. 

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Cannabis One Holdings announces strategic rebrand to INDVR Brands to put the spotlight on its cannabis distribution model

The company also announced that CEO Jeffrey Mascio has resigned from the Cannabis One leadership team as well as the board of directors effective immediately but remain involved with the company in an executive advisory role

The Vancouver-based company is advancing a “House of Brands” model that aggregates and optimizes popular cannabis names in North America

Cannabis One Holdings Inc () (OTCMKTS:CAAOF) has announced plans to change its name to INDVR Brands Inc in a bid to better reflect its cannabis distribution business model.

The Vancouver-based company is advancing a “House of Brands” model that aggregates and optimizes popular cannabis names in North America. It also owns a retail storefront in Colorado called The Joint, which was ranked the number one dispensary in the state by Leafly for three consecutive years.

The company also announced that CEO Jeffrey Mascio has resigned from the Cannabis One leadership team as well as the board of directors effective immediately. Mascio will remain involved with the company in an executive advisory role and the company's president Joshua Mann will take up the interim CEO position.

In a statement on Friday, Mann said that directors and executive management team have collectively decided that its current name does not properly reflect its business or its business model. The name change will not affect the firm’s existing share structure or shareholder rights, the group said.

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NA Proactive news snapshot: Humanigen, NetCents Technology, Talon Metals, Aftermath Silver, OTC Markets Group, Karora Resources UPDATE …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

NA Proactive news snapshot: District Metals, Nemaura Medical, Gold Resource, BioLargo UPDATE …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

NA Proactive news snapshot: Biome Grow, ImagineAR, BetterLife Pharma, Loop Insights …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

Biome Grow to sell cannabis subsidiary Highland Grow to MYM Nutraceuticals in C$12.9 million deal

Post-closing, Biome Grow will become MYM’s largest shareholder with a 19% stake in the company

Asterion Cannabis updates on milestones in bid to become world’s largest pharma-grade medicinal cannabis supplier

The firm aims to construct a 4.3 million sq ft (40 hectares) facility, which will be built in three phases

Asterion aims to have an initial product ready with revenues within 24 months of breaking ground

Asterion Cannabis Inc outlined the various significant milestones achieved as the private firm continues its bid to build the world’s largest glasshouse medicinal cannabis production facility in Australia.

In a lengthy investor update, Asterion, which is currently raising C$10 million via a placing, highlighted that in April last year, it inked a definitive deal to buy 75 acres of land in Toowoomba, adjacent to the Toowoomba Wellcamp Airport in Queensland.

READ: Asterion Cannabis launches C$10M brokered private placement

The firm aims to construct a 4.3 million sq ft (40 hectares) facility, which will be built in three phases - the first and second phases being 10 hectares each.

It will include full extraction and processing equipment as well as a research and development (R&D) facility.

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AgraFlora Organics says it has prepared 1,000kg of CBD oil for sale this quarter

The company is currently in talks with potential buyers to determine the optimal sales mix of CBD isolate, CBD distillate and CBD crude oil

The CBD oil was produced from around 10,000 kilograms of hemp biomass that was run through the firm's proprietary pre-extraction processes

AgraFlora Organics International Inc () () revealed that it has now produced around 1,000 kg of CBD oil with its biomass partner MicroC45, which it is preparing to sell this quarter.

The company said it is currently in talks with potential buyers to determine the optimal sales mix of CBD Isolate, CBD Distillate and CBD Crude Oil and expects to close its first bulk transactions this quarter.

READ: AgraFlora Organics International unveils partnership with MicroC45 Inc for growing hemp at Ontario farm

In June this year, AgraFlora struck a cultivation partnership with MicroC45 for growing hemp in Ontario, Canada. MicroC45 has a proprietary separation process that results in higher extraction value and ultimately a greater yield of major and minor cannabinoids.

The group said the CBD oil was produced from approximately 10,000 kilograms of hemp biomass that was run through the firm's proprietary pre-extraction processes.

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AgraFlora Organics International unveils partnership with MicroC45 Inc for growing hemp at Ontario farm

AgraFlora said Binbrook Farm was expected to yield around 50,000 kilograms of high CBD hemp in fall 2020

AgraFlora CEO Brandon Boddy said cultivation at Binbrook represented "another milestone for this core-asset strategy”

AgraFlora Organics International Inc () () told investors on Friday that it had struck a cultivation partnership with MicroC45 Inc for growing hemp in Ontario, Canada.

The deal is between subsidiary Sustainable Growth Strategic Capital Corp (SGSC) and MicroC45 Inc and SGSC has already successfully planted 50 acres of high-quality hemp at a farm in Binbrook, it revealed in a statement.

READ: AgraFlora Organics International expects PSC joint venture to begin sales this year 

AgraFlora said Binbrook Farm was expected to yield around 50,000 kilograms of high CBD hemp in fall 2020.

"Cultivation at Binbrook represents another milestone for this core-asset strategy,” said Brandon Boddy, AgraFlora's executive chairman and CEO.

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AgraFlora Organics International expects PSC joint venture to begin sales this year

The group's Propagation Services Canada Inc (PSC) venture has begun cultivation using a portfolio of live-plant genetics

The venture's delta facility sits in a desirable agricultural micro-climate on the Pacific coast and the first phase of operations uses 422,828 square foot

AgraFlora Organics International Inc (CSE:AGRA) (OCTMKTS:AGFAF) told investors that its greenhouse in Delta, British Columbia has started commercial cannabis growing and sales are expected to begin this year.

The group's asset Propagation Services Canada Inc (PSC) has begun cultivation using a portfolio of live-plant genetics, focused on producing high potency cannabis with attractive strains at a low cost, AgraFlora said.

READ: AgraFlora Organics subsidiary Farmako signs three-year supply agreement with Zenabis Global's ZenPharm

"Our partners at PSC have a long history of low-cost agricultural production which we expect to translate into our ability to produce low-cost cannabis at the Delta Facility," Brandon Boddy, AgraFlora's chief executive said in a statement.

"We have witnessed a trend in the market towards higher potency genetics with exotic strains on one hand, and a move towards value pricing on the other; but we have yet to see companies successfully do both.

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