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Aurora Cannabis Inc (OTCMKTS:ACBFF) Reports 223% Increase In Annual Revenues

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Aurora Cannabis Inc (OTCMKTS:ACBFF) has reported impressive results for Q4 and for the fiscal year ending June 30, 2018. Its quarterly revenues have increased to $19,147 in Q4, 2018 (up 223%) when compared to the same quarter of the previous year. The gross margin from the sale of medical cannabis has increased by 74%.

The company has reported an increase of 206% in revenues to reach $55,196 in FY 2018 when compared to $18,067 in FY 2017. The increase is mainly due to the surge in the sale price of dried cannabis.

Highlights of FY 2018

Chief Executive Officer, Terry Booth said Aurora Cannabis has made significant achievements to become a leading player in the cannabis industry worldwide. Aurora Cannabis has successfully completed eleven strategic acquisitions.

The company is well poised to benefit from the adult cannabis use in Canada. The company is scaling up its production capacity to meet the growing demand in 2019. The company has made considerable investments in marketing, sales, capacity, and talent to capitalize on the burgeoning demand and drive long-term growth.

The in-service production capacity is estimated at 45,000 kgs. The company is forecasted to exceed the annual production capacity of 150,000 kg by the end of 2018. Aurora Cannabis is planning to increase the annual production capacity to 500,000 kg.

Aurora Cannabis Inc to File the Form 40-F Registration with US SEC

To list the securities on US stock exchange, Aurora Cannabis will submit a Form 40-F Registration with the Securities and Exchange Commission of the US. The listing is subject to the approval of the exchange and meeting the regulatory and listing requirements. The listing on the senior US stock exchange in October will provide an access to the broader audience. The company is planning to cash in on the investor appetite for the producers of marijuana.

Aurora Cannabis Gets License from Health Canada for Two Production Bays

Aurora Cannabis has obtained licenses for the two production bays from Health Canada. The company is also in the final stages of inspection to get the sales permit for the Aurora Sky. In terms of market cap, the company is the second biggest producer of marijuana.

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Generex Biotechnology Corporation (OTCMKTS:GNBT) Launches An Integrated Health Management Platform

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In a new wake of events, Generex Biotechnology Corporation (OTCMKTS:GNBT) has introduced a platform, which primarily deals with in-depth patient health management services. NuGenerex Medical Marketing (NMM) is a significant project and will act as the company’s sales and marketing backbone support. Some of the areas it will handle include patient identification, acquisition, and onboarding. Its establishment comes at a time when hundreds of pharmaceuticals businesses are seeking measures to accelerate their growth and expansion.

Generex is seeking entry into the U.S market and the reason it has embraced a multi-channel acquisition strategy. The strategy has been running for several months the main target being assets and organizations, which offer a series of services.

NMM will provide national marketing and customer service capabilities

Generex will benefit in a million ways from the new establishment; thanks to its capabilities. NMM plans to roll out an extensive pharmacy backbone, which will in return offer a nationwide footprint. It will have an integration with Customer Relationship Management (CRM) dashboard for Generex. Through a dedicated call-center, the integration will support the company’s ongoing patient support services and particularly the chronic care management.

In addition, NMM will offer compliant direct-to-patient outreach services, which are fully compliant with the market needs. An accomplished team, which has deep experience in pharmaceutical and medical device sales will support the new move. The team is trained in HIPAA, FTC and it has full exposure of the FDA rules. Thus it will ensure adherence to processes and procedures in the delivery of medical services.

The realization of a vision for a new healthcare enterprise

For the last two years, Generex has worked diligently to enhance the delivery of its services. Its emphasis is on unlocking new platforms, which will offer end-to-end treatment and services solutions. This far, the company is happy with its achievements according to the Chief Executive Officer Joseph Moscato.

He says, “We are delighted to launch NuGenerex Medical Marketing as another step in our overall corporate strategy to provide end-to-end solutions that optimize patient health outcomes.”

Meanwhile, the company has vowed to continue closing on the acquisition of additional operating assets. Its expectation is to meet the initial listing requirements one of them being a lucrative enterprise with a presence in another 23 states.

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Earth Science Tech Inc. (OTCMKTS:ETST) Has A New Update Regarding Its Cannabidiol Patents

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Earth Science Tech Inc. (OTCMKTS:ETST) has shared a new update regarding its cannabidiol (“CBD”) patents. The biotech company says that it is ready to launch its two CBD-based nutraceutical formulas. They include a neuron protector and a breast protector. However, there is so much that is yet to hit the public domain as explained by ETST president and CEO Nickolas Tabraue.

Tabraue outlines, “We will provide more details on the progress of these formulas in the near future.” At the same time, the company has also promised to share the way forward regarding its first CBD-based pharmaceutical product.

The use of CBD and will open the doors for the research

For a very long time, the cannabis industry was for the most successful entrepreneurs in history. However, the market is now open to people from all walks of life thanks to the massive expansion. Thus the need for accelerated research activities. Tabraue affirms that research will result in the development of a revolutionary CDB-based pharmaceutical drug. This will give Earth Science Tech an upper hand in spreading its presence globally.

The formulas will undergo an in vitro testing to establish their biological activities. TransBiotech will carry out the testing, which will compare the level of protection of the hemp oil provided by ETST. The comparison will be against the company’s hemp oil with other natural ingredients. Any positive results will increase its current recognition as a world leader in the CBD space.

Earth Science Tech, Inc. offers the highest quality high-grade full spectrum cannabinoid oil

The company’s Chief Science Officer Dr. Michel Aubé claims that they have a much deeper understanding of cannabinoids compared to their competitors. Besides, the company has received an endorsement verifying that CBD is not addictive. Apparently, CBD was previously under schedule 1 drug classification before its recent shift by U.S. Drug Enforcement Agency (DEA). Nonetheless, there are those CBD products, which DEA has maintained that they are controlled substances. Hence they retain their status in the Schedule 1 list

ETST’s core activities include the formulation, marketing, and distribution of CBD oil. It owns four subsidiaries, which are quickly expanding their operations in the pharmaceutical sectors.

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ELEV8 BRANDS (OTCMKTS:VATE) Expands Its Business Operations

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ELEV8 BRANDS (OTCMKTS:VATE) focuses in the manufacture of hemp and CBD-related products. These include the CBD Lotions, hemp Cold Brew, CBD salve, hemp tea, hemp coffee as well as the CBD Tinctures. Most of these quality products are useful in the health and wellness markets. This business guru has acquired the newly formed One Utopia, LLC.

The state of affairs

ELEV8 BRANDS outlines that it has settled on One Utopia, LLC as the new name for the brick and mortar locations that will focus on the sale of products that 02 Breathe sells currently. Some of these products include massage products, salt lamps, essential oils and above all CBD products.

It was recently that this company signed a one-year lease for a store location in Cocoa Village at 409 Delannoy Avenue. Cocoa village is a historical village where activities such as dining, shopping and entertainment take place.

One Utopia has acquired a brand-new mobile coffee trailer. Some of the products this company will manufacture include mushroom coffee, matcha lattes, hemp coffee drinks, tea and other beverages. Most of them come with a wide range of benefits. Elev8 Brands states that the new mobile coffee trailer is a great addition. Eventually, it admits it that it has never enjoyed such impressive presence before.

Medico’s perspective

The CEO Ryan Medico opined, “We have a lot of moving parts right now and are very excited about the growth. Getting product delivered up to Amazon facilities in Canada and finishing up our audit is our highest priority.”

The official advocates for the capitalization of the expansion. To achieve the set objective, the company has brought on board a full time National Sales Manager. The new official will take care of account management. It also wants to pay a great focus on the pursuance of trade shows. It has enough personnel to help it accomplish this objective.

ELEV8 BRANDS says it will do everything possible to ensure that it experiences exponential growth over the coming months. There are positions that will compel the company to employ persons with extensive sales background.

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