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Decibel Cannabis Company Inc. (OTCMKTS: BDCCF) Ships First Order of Infused Pre-Rolls Under General Admission Brand

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Decibel Cannabis Company Inc. (OTCMKTS: BDCCF) has announced its initial shipment for its latest product line, infused pre-rolls, under the General Admission brand.

General Admission brand second in retail sales in Canada 

The General Admission brand has risen to second place in Canada in terms of retail sales in the last three months. These products will first be sold to licensed shops in Alberta, with shipments to British Columbia, Ontario, and Saskatchewan, following in November and January, respectively.

Over the next three months, Decibel plans to launch three more series and varieties of infused pre-rolls under the Qwest and General Admission brands in Canada’s main markets.

Decibel SVP Innovation & Retail Warren Matzelle said, “We are incredibly excited to launch the first series of our infused pre-rolls under the General Admission brand. This brand extension of the 2nd ranked vape brand in Canada, brings together the potency and flavours consumers love in our General Admission vapes in a convenient and innovative pre-roll format.”

The first infused pre-rolls line for Decibel, which is General Admission entails terpene infused pre-rolls that are kief coated in 1x1g and 3×0.5 size forms. The terpene infused pre-rolls are available in three flavors duplicating popular General Admission vapes, including General Admission Tropic GSC is available in two SKUs of 1x1g & 3×0.5g, General Admission Berry also in two SKUs of 1x1g & 3×0.5g, and General Admission Strawnana in one SKU of 3×0.5g.

Pre-rolls category showing considerable growth in the US

Interestingly, the infused pre-roll category has demonstrated considerable growth in the US-established cannabis markets, and the company is hoping to expedite the growth of the pre-rolls and concentrate categories. For example, the infused pre-roll category has experienced considerable growth in California, with pre-rolls sales up 44%. In Canada, Pre-rolls have grown to 24% in the overall marijuana market.

Decibel has an extraction facility in Calgary that Health Canada licenses for extraction and processing. The production house is expected to bolster the growth of the Blendcraft, General Admission, Qwest Reserve, and Qwest brands.

*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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BUSINESS

Affinor Growers Inc. (OTCMKTS: RSSFF) Files Patent for New Automated Vertical Farm Tech With The USPTO

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Affinor Growers Inc. (OTCMKTS: RSSFF) has filed patent protection with the USPTO for a novel automated, vertical farming tech targeting commercially growing heads of kale, romaine lettuce, and leafy greens. The company focused on creating vertical farming technologies and leveraging them to sustainably produce vegetables, fruits, and cannabis.

Affinor filed a patent application on June 22, 2021

The company’s patent application number 63/213599 was filed in the United States on June 22, 2021. New vertical technology, automation, and processes are all part of what the patent covers. Affinor anticipates this to provide another vertical farming solution to its increasing portfolio of Intellectual Property and turnkey commercial facilities. For example, the company’s current patented tower technology improves the sustainability and economics of industrial food production without sacrificing quality. The same strategy was used to build this new technology that enables vertical farming to produce cannabis, fruits, and vegetables.

In order to assure effective licensing, tech transfer, and procurement between investor groups and governments, Affinor continues to design and guard its technology in broader worldwide markets. Interestingly this is particularly critical as Affinor prepares to unveil its latest, automated, patented commercial vertical farm demonstration in Abbotsford, British Columbia. The facility features efficient irrigation systems, solar panels with battery storage from Tesla, and composting technology to ensure optimal, safe soil restoration, is set to begin strawberry production in November. Affinor’s mission is to create high-quality, safe food and cannabis in a sustainable manner.

Application adds tech to its growing IP list

CEO Nick Brusatore said, “This application adds previously developed technology to Affinor’s IP and scaleup pipeline. We have been at this a long time, and now have a clear path to drive our future as a company and as a vertical farming leader. On behalf of the board of directors, management, and all advisors, we thank our shareholders for their patience and support. We look forward to defining new ‘Affinorian’ techno-culture as we become an ESG world leader in the vertical farming production and technology space.”

*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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Can B Corp (OTCMKTS: CANB) Reported Revenue of $1.9 Million In Q3 2021

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Can B Corp (OTCMKTS: CANB) has announced its financial results for Q3 2021, ending September 30, 2021.

Q3 revenue grew 316% 

The company saw its revenue grow 316% in Q3 2021 to $1.9 million, a trend expected to extend to the rest of the quarters through 2023. Gross profit was up 261% YoY to around $1.4 million whole total assets were up to 14.2 million.

Can B’s CEO, Marco Alfonsi, said, “Our moves over the past few months are paying off and have put us in great position to accelerate our revenue growth and strengthen our balance sheet. We believe this quarter’s results are just the beginning as we just recently acquired these additional assets. Our team is hard at work integrating and ramping up the various operations to continue this momentum into the future. These dramatic revenue improvements, coupled with our acquisitions and asset base increases, position us solidly to continue our application process for a NASDA up listing.”

Can B make various acquisition in Q3 2021

During the third quarter, the provided acquisition prospects to produce are 13,000 liters of Delta plus other isomers that could produce revenue of $10 million. Also, the company secured a 300,000 sq. ft. lease on a facility in McMinnville, Tennessee, and finalized the purchases of TWS Pharma assets to expand its capacity of converting hemp biomass to isolated utilized in isomer and CBD product lines. In addition, Can B completed the purchase of Musica City Botanicals’ assets to enhance its vertical processing capacity.

Alfonsi added, “By securing our own processing and extraction facilities, we for the first time control our supply chain from biomass through end products for both retail and wholesale customers. The real property assets acquired by Can B in the past two quarters are in alignment with our growth strategy and are of exceptional caliber and highlight our commitment to build out the proper way. Can B is now a full-service hemp-derived cannabinoid company that can facilitate servicing the large box types as well as the boutique vape and smoke store.”

*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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Heritage Cannabis Holdings Corp (OTCMKTS: HERTF) Partners With BRNT Ltd to Launch Violet Tourist Brand

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Heritage Cannabis Holdings Corp (OTCMKTS: HERTF) and BRNT Ltd have signed a definitive white label agreement. VRNT is an Alberta-based cannabis ancillary and brand house firm that launched a leading performing dried flower and pre-roll, Violet Tourist.

Heritage collaborating with BRNT to introduce Violet Tourist 

The company will collaborate with BRNT to launch Violet Tourist branded cannabis 2.0 infused pre-rolls in Alberta as soon as possible under the terms of the agreement. In addition, heritage will attempt to extend the brand’s distribution across Canada and add to its related SKU lineup in both the cannabis 1.0 and 2.0 categories over the duration of the deal. The terms of the arrangement give Heritage authority over the supply chain and procurement, thereby granting Heritage complete ownership of the well-known Alberta brand.

Gage Gorda, the BRNT CEO, said, “During 2020, BRNT commenced with a process to identify a new partner for our Violet Tourist branded products. We had serious inquiries from numerous LP’s in the Country, including some of the largest, but none came close to the product offering capabilities, speed to market, depth of relationships with provincial buyers and most of all internal culture and leadership than Heritage.”

Violet Tourist produced $2.5 million in sales. 

According to Headset statistics, BRNT debuted Violet Tourist branded products in Alberta in December 2020, and the brand had produced around $2.5 million in wholesale revenue through to the end of September 2021. In addition, violet Tourist was the fourth-ranked brand in the Alberta pre-roll segment at the end of August 2021, with 4% of overall retail sales since its inception in December 2020.

Heritage CEO David Schwede said, “We are thrilled to have executed this Agreement with BRNT as it provides us with control of a brand in Alberta that has proven its ability to capture market in Canada’s second largest market by revenue. Without a cash outlay or issuance of Heritage shares, we secure exclusive cannabis 2.0 rights to Violet Tourist branded products in Alberta and retain control to expand distribution of the brand across the Country and into cannabis 1.0 formats over the duration of the Agreement.”

*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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