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hempSMART, A Subsidiary Of Marijuana Company Of America Inc (OTCMKTS:MCOA), Enters Sales Pact To Offer Ultra Clean CBD Beverages

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hempSMART, a subsidiary of Marijuana Company Of America Inc (OTCMKTS:MCOA), has signed a contract to procure ultra-clean label CBD Beverages from MCTC Holdings Inc (OTCMKTS:MCTC). The products will be sold under the hempSMART brand in the market. As per the terms of the pact, Marijuana Company will deliver powdered drink mixes that comprise hemp extracts with over 35 mg of cannabidiol derived via natural extraction.

Pre-mixed and powdered beverages

In the future, Marijuana Company will offer pre-mixed, and powder blended beverages. The company will only use the finest line of ingredients with a significant emphasis on organic components in these products.

95% of organic ingredients

Chief Executive Officer of Marijuana Company, Jesus Quintero, said both Marijuana Company and hempSMART are committed to providing high-quality products to the customers. The company is delivering a healthy and clean label to the customers with this new line of drinks. The new drinks line is free from preservatives, surfactants, and chemicals. It ensures 95% of organic ingredients in this line.

COO of hempSMART, Trevor Muehlfelder, said the company is pleased to introduce ultra-clean label and innovative product line of cannabidiol-infused powdered drink mix to the customers. It uses a dual hemp extraction process in the manufacture of an innovative line of drink mix. Organic ingredients in this product line include trace amounts of sunflower oils, organic coconut, organic inulin from the vegetables, and CBD infused honey, which is collected from organic farms. Trevor said the new powdered drink line revolutionizes the beverages market in 2020, just like Coca Cola revolutionized in the 1920s.

Chief Executive Officer of MCTC, Arman Tabatabaei, said the company developed distinct drinks derived from hemp. The new drinks will be delivered to the customers under the hempSMART brand via wholesale distribution channels of hempSMART.

MCTC signs a distribution contract

MCTC has signed a distribution accord Marijuana Company for the distribution of its Hemp You Can Feel beverage products. The patent-pending Hemp You Can Feel products are 95% organic CBD powder and hemp extract mixes that include non-alcoholic cocktail mixes and soft drinks. Arman said the company is pleased to offer its drink mixes for Marijuana Company’s hempSMART line. The company uses a two-stage and unique hemp extract infusion process in its Hemp You Can Feel technologies.

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Sugarmade Inc (OTCMKTS:SGMD) Announces A Sharp Increase In Demand For Cannabis Delivery Service: Reports A 10% Weekly Sales Increase

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Sugarmade Inc (OTCMKTS:SGMD) has announced a significant rise in demand for its cannabis delivery service. It witnesses a 10% rise in weekly sales in the past two weeks because of growing coronavirus pandemic. The stay at the home trend is contributing to the significant demand for cannabis medicines. Several people are stocking one-month medicines as a precautionary measure.

The demand for cannabis service to continue

Sugarmade anticipates that the demand for cannabis delivery service will continue for several weeks. To meet the growing demand, Budcars is expanding its headcount. The company expects to solidify its yearly revenue target of $20 million in 2020 because of a sharp jump in sales.

Controlling stake in BudCars

Chief Executive Officer of Sugarmade, Jim Chan, said the COVID-19 is creating a change in the consumer behavior pattern. It will have a long term impact. Sugarmade recently acquired a significant stake in BudCars. It keeps opening an option to acquire a controlling stake in BudCars.

BudCars is well-positioned to clinch a large portion of the rapidly growing delivery service and mobile commerce. Several people shift to the home delivery option. Therefore, cannabis is not an exception. BudCars is prepared to cash in on this growing demand for cannabis delivery.

Growing demand for courier services

According to the management, the outbreak of COVID-19 has increased demand for virtual connectivity, home delivery of goods/ services, and online consumption. The same trend expects to continue for several weeks. It has created a growing demand for companies such as Instacart, Postmates, and Amazon and several other courier services. This trend also applies to the legal cannabis market in California.

Chan said the company is experiencing a growing demand for increased order size for edibles and flower and cannabis deliveries because several customers are stocking up for an extended period at home. According to the CDC recommendation, they are stocking up medicines for at least 30 days.

Enhanced safety practices

BudCars is taking precautions to ensure safety to the customers and its delivery staff. The company, along with Sugarmade, has ramped up cannabis delivery service in the Sacramento metropolitan area. The company will extend its reach to meet the growing demand.

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Cure Pharmaceutical Holding Corp (OTCMKTS:CURR) Receives A Chinese Patent To Load High Amounts Of Active Drug On Oral Thin Film To Cure ED In China

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Cure Pharmaceutical Holding Corp (OTCMKTS:CURR) is pleased to announce the receipt of a Chinese Patent No. ZL201480039313.6. The new patent allows the company to load a high amount of active drug on a soluble thin film using its drug delivery system to cure erectile dysfunction in China.

Demand for erectile dysfunction treatment

Cure Pharmaceutical shall deliver Viagra through oral administration using its CUREfilm Blue to treat ED in China. The demand for erectile dysfunction treatment expects to reach $6.5 billion by the year 2025. Chief Executive Officer of Cure Pharmaceutical, Rob Davidson, said the receipt of vital Chinese patent helps its global commercialization efforts for CUREFilm Blue and other drugs that will be delivered using this technology. Cure Pharmaceutical targets CUREFilm Blue at Asian markets, mainly China, where high demand for ED exists.

According to QY Research, Asia Pacific is one of the fastest-growing markets for the medicine to treat ED. Viagra accounts for half of global sales. The Chinese patent covers innovative methods of preparing edible thin films, which helps to deliver higher dosages of active ingredients. Cure Pharmaceuticals could differentiate its thin-film products from other oral soluble films that deliver sildenafil.

Signs a collaboration accord with Vanguard Scientific

Cure Pharmaceutical has signed a collaboration and license agreement with Vanguard Scientific Systems Inc. With this licensing agreement, Vanguard can get access to the Cure Pharmaceutical’s cannabis extraction methods. It improves the confidence to customers in using Vanguard’s extraction manufacturers.

Davidson said the agreement provides operational freedom to Vanguard, which is a leading player in the supercritical fluid extraction methods, to maintain pharma-grade standards using the licensing strategy of Cure Pharmaceutical. It will collaborate with Vanguard for expanding the patent to cover the latest advances in the field.

Vanguard could make use of the Cure Pharmaceutical’s issued and pending process as well as composition patents to separate cannabinoids with the help of supercritical fluid extraction technology. The isolation of cannabinoids is established using the solvent – Carbon dioxide.

The patent allows the insertion of cannabis extracts in various dosage forms. However, Cure Pharmaceutical reserves the right to apply these techniques in an oral film. Chief Executive Officer of Vanguard, Matthew Anderson, said his customers will enjoy peace of mind when choosing extraction solutions of Vanguard.

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Novus Acquisiti (OTCMKTS:NDEV) Reports Revenues Of $57,862 In Q4 2019

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Novus Acquisiti (OTCMKTS:NDEV) has reported robust revenues of $57,862 in Q4 2019. It is an increase of 17.2% when compared to the same period last year. The company has posted revenues of $219,240 in 2019. It represents an increase of 22% when compared to the previous year.

Improves In-network providers

Chief Executive Officer of Novus, Frank Labrozzi, said the company demonstrated continued growth in 2019 and expects to continue the same momentum in 2020. It sees an increase in the commercialization of the Cannabis Health Plan and expects to record phenomenal growth. In nine states, which legalized THC, the company has improved its In-Network providers.

Uninsured Non-Elderly Americans

Novus expects continued growth for its plans from uninsured and non-elderly Americans. It expects a total of 30 million from this segment. Several people in this bracket are uninsured and spend over one-third of the money from their pockets in the whole year. Novus has a presence in states like Illinois, Colorado, Nevada, Arizona, and California in which the uninsured rates 10% or higher. Many people in these states are uninsured because of the cost of health insurance is very high.

Expanding network of THC providers

Novus is expanding its network of THC providers that services its members/ patients in areas offering state-wide and city-wide delivery options. The providers of CBD offer delivery of CBD nationwide.

Signs an MGA agreement with Healthfield Solutions

Novus has announced the signing of an MGA accord with Healthfield Solutions, LLC, to sell its Cannabis Med Plan. Apart from marketing Novus Cannabis Med Plan along with its life, dental and supplemental health plans, Healthfield also trains its 1,600 agents. Its client base is more than 250,000.

Cannabis companies engaged in the cultivation and extraction are under pressure from the shareholders to increase profitability. Novus helps such companies with its tailored health plans say usage-based health plans. The companies can offer discounts/ rebates to the customers using Novus tailored health plans. Therefore, Verticals can offer affordable cannabis meds to their members and improve volumes and maintain higher profits.

Novus offers two plans: 1) offer a higher discount and also increase cannabis list price, 2) a higher markdown, and earn less money on cannabis meds sale. Most of the Verticals select the first plan to improve their margins.

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