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Crop Infrastructure Corp (OTCMKTS:CRXPF) Announces Definitive Agreement For World Farms Corp To Go Public

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Crop Infrastructure Corp (OTCMKTS:CRXPF) announced towards the end of June that World Farms Corp, its investment holdings secured a definitive deal with Graphite Energy Corp to go public.

The deal will facilitate a reverse takeover and World Farms Corp will go public through the Canadian Securities Exchange. Crop Infrastructure currently owns a sizable stake in 10 World Farms Corp at 10 million shares. Crop divested its stake in Jamaican and Italian joint ventures in February so that it could purchase the 10 million World Farms Corp’s common shares at $0.20 per share.

“By divesting our Italian and Jamaican assets to World Farms, it has allowed CROP to focus and expand its operations in the USA, as well as gain a major investment,” stated Crop Investment Holding CEO Michael Yorke.

The CEO also noted that the reverse takeover will go on as planned and that it was pending regulatory greenlight by the CSE. Yorke also noted that World Farms already has 100,000 cannabis plants in cultivation, and it plans to grow an extra 500,000 plants in Croatia over the next few weeks.

Crop Infrastructure acquires license for its Emerald Heights brand in California

Crop Infrastructure also announced in June that its brand Emerald Heights was awarded a provisional license that will allow it to run retail operations, a smoking lounge and delivery services in Cathedral City. The company also hired a local real-estate broker to secure an ideal location for the company’s new location for Emerald Heights in California.

The company also revealed that it already paid a US$30,000 down payment on the new location in Cathedral City. The Emerald Heights brand will handle deliveries in key routes within Coachella Valley and the Bay Area. The brand is also looking for a partner that will assist with distribution in Southern California.

Crop Infrastructure also revealed that its extraction partner in California has already carried out the extraction process on the first harvest batch from 2018. The THC distillate oil extracted from the 2018 harvest will be incorporated into 30,000 vape cartridges. Some of the extract will also be used in pre-rolled joints and also to build up inventory.

[optin-monster-shortcode id="lt2ftjs5qhrst1pzmmap"] *Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

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Marijuana Company of America Inc. (OTCMKTS: MCOA) Competes cDistro Acquisition

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Marijuana Company of America Inc. (OTCMKTS: MCOA) has completed a stock-for-stock acquisition of cDistro Inc. cDistro is a fast-growing distribution company in the hemp industry that will deepen Marijuana Company of America distribution footprint in North America.

MCOA acquires cDistro

Marijuana Company of America Inc. (OTCMKTS: MCOA) will operate cDistro as its wholly-owned subsidiary. The former shareholders of cDistro will hold 5.23% of outstanding and issued stock of MCOA and will gain additional stock in the next year if cDistro meets specific revenue targets. The acquisition is an arm’s length deal completed subject to meeting certain conditions that include execution of definitive agreement and completion of due diligence. 

cDistro CEO Ron Russo said, “This acquisition is highly synergistic and intended to amplify cDistro’s national distribution. We believe that with MCOA’s operational support, cDistro has the opportunity to become a dominant distributor of products infused with CBD and hemp in the North American market. In its relatively short period of incubation, cDistro has built strong and actionable relationships with quality wholesalers, retailers, and dispensaries, and the cDistro team looks forward expanding our business exponentially with the backing of MCOA and our mutual goal of bringing innovative hemp products to consumers.”

cDistro signs agreement with Silo Wellness 

cDistro recently signed an agreement with Silo Wellness Inc. to distribute Marley One, a functional mushroom brand. Silo Wellness is a top psychedelics company. It chose cDistro as the first distributor to launch Marley One. the initial product offering will include functional mushroom tinctures such as cordyceps, Chaga, reishi, turkey tail, and lions mane species.

Russo said, “We believe it is important to be a leader in providing access to newer product categories, and we are honored to distribute and provide access to Marley One, the first global functional mushroom brand, in collaboration with the Bob Marley Family.”

[optin-monster-shortcode id="lt2ftjs5qhrst1pzmmap"] *Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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Decibel Cannabis Company Inc (OTCMKTS: DBCCF) Announces Strategic Partnership To Bring A Leading Premium Cannabis Brand ‘Dabstract’ To Canadian Marketplace

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Decibel Cannabis Company Inc (OTCMKTS: DBCCF) recently announced a strategic partnership with Union Cannabis Group, which will help expand the company’s brand portfolio with the addition of a premium vape and concentrate brand ‘Dabstract.’ It will also entitle Decibel to access intellectual property and product formulations for the manufacturing of vapes and concentrates. In addition, it allows the company exclusive right to produce these product formulations for its existing brands and produce and distribute Union Cannabis’ premium products under the Dabstract brand. 

Management commentary

Paul Wilson, Chief Executive Officer of Decibel, reinforced that the company is committed to raising the standard for product innovation and quality in the hemp/cannabis industry. This partnership with Union Cannabis will bolster Decibel’s product development pipeline in the high growth categories of concentrate and vape products. In addition, it will strengthen the brand portfolio with the addition of premium U.S. cannabis brand ‘Dabstract’ to the Canadian marketplace. 

Sushanta Parikh, Chief Executive Officer of Union Cannabis, expressed that Decibel reinforces a commitment to product innovation, authentic craft cannabis, and building reputed brands in the cannabis industry. Union Cannabis is proud to partner with the company. It helps them grow vape and concentrate products in Canada by sharing their manufacturing expertise and a leading ‘Dabstract’ brand.

Operational focus and product portfolio

Decibel is committed to bringing the highest quality cannabis products through uncompromised processes and craftsmanship across its three production houses. The company also operates in a retail segment through its wholly-owned subsidiary, Prairie Records. The company operates through 121,000 sq ft of outdoor and indoor cultivation and extraction and product development facilities across Qwest Estate in Creston, BC; Battleford, SK; and Calgary, AB. Thunderchild Cultivation in Battleford is the company’s largest licensed and operating facility with 80,000 sq ft for indoor cultivation. Decibel’s 26,000 sq ft licensed cultivation space in Creston produces rare cultivar-focused brands marketed in six provinces across Canada. Its brand portfolio includes Qwest, Qwest Reserve, and Blendcraft, offering products into innovative formulations like edibles, vapes, concentrates, and beyond.

[optin-monster-shortcode id="lt2ftjs5qhrst1pzmmap"] *Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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MassRoots Inc. (OTCMKTS: MSRT) Enters Letter Of Intent To Purchase Empire Services Inc

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MassRoots Inc. (OTCMKTS: MSRT) has reported that Empire Services Inc. recently signed an agreement for the acquisition of an additional metal recycling plant in Virginia. The acquisition is the first of several metal recycling plants that Empire is looking to roll up in weeks to come as it expands its footprint. 

MassRoots to acquire Empire Services 

Recently MassRoots signed a Letter of Intent to purchase Empire, which will generate considerable positive cash flows from operations and revenue. Once the transaction closes, MassRoots Inc. (OTCMKTS: MSRT) will apply for uplisting to the Nasdaq exchange in NYSE American Market. 

MassRoots Inc. (OTCMKTS: MSRT) chairman Danny Meeks said, “We believe that the roll-up of independent, profitable metal recycling facilities will not only grow Empire’s revenues but could lead to greater profit margins through economies of scale. We’ve been operating metal recycling facilities since 2002 and our playbook has thrived through nearly every economic climate and a global pandemic. Our expansion, including the planned acquisition of this additional facility, has historically been funded primarily by our operating cashflows.”

MassRoots to capitalize on rising metal prices 

With the acquisition of Empire, MassRoots Inc. (OTCMKTS: MSRT) will realize high-profit margins and substantial revenue growth due to the inflationary pressures and rising metal prices. In the coming weeks, Meeks plans to roll up independent metal recycling plants to expand Empire’s footprint. 

CEO Isaac Dietrich said, “We have implemented several technology solutions that have already increased metal volumes and operating efficiencies at Empire’s existing facilities. These include a cloud-based ERP system, a corporate website with live metal prices, and in the very near future, an instant online quoting system for people looking to sell their junk cars. The planned closing of the Empire acquisition is proceeding on schedule and I believe will be transformative for the more than 30,000 loyal and supportive MassRoots shareholders.”

[optin-monster-shortcode id="lt2ftjs5qhrst1pzmmap"] *Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
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