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iAnthus Capital Holdings Inc (OTCMKTS:ITHUF) Subsidiary Citiva Medical Making Progress On Warwick Cannabis Facility

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iAnthus Capital Holdings Inc (OTCMKTS:ITHUF)’s wholly-owned subsidiary, Citiva Medical, LLC has launched the construction of the 39,500 sq. ft. medical marijuana cultivation and processing plant, which is located in Warwick, New York. iAnthus Capital Holdings is a leading cannabis company with operations in New York. The company is among the few that are licensed to operate in the state.

Implementing innovative technologies

Following the launch, the company says it will embark on implementing cutting-edge technology and sustainable cultivation practices so as to ensure optimal productivity and efficiency. Some of the components to be installed include acrylic glazing, desiccant dehumidification systems, mobile containers, a positive pressure air system and a separate system that will be used to control lighting, irrigation and environmental elements. The company says it is banking on these state-of-the-art features to mount a full-year cultivation cycle. iAnthus Capital is projecting production capacity of 2,400kg every year.

In a comment, iAnthus Capital CEO Hadley Ford said that they are happy with the progress made adding that the new facility will be the company’s first step towards building a comprehensive and robust medical cannabis program in New York. He said that the two teams from Citiva and iAnthus have worked very hard to take the project to where it currently stands.

According to Ford their success in the ongoing project will lay a firm foundation for the initiation and implementation of other projects. He said that company is committed to expanding its operations throughout the state in a bid to spread its market reach as well as meet the needs of as many patients as possible.

iAnthus’ partner opens dispensary in Boston

iAnthus’ partner, Mayflower Medicinals, Inc has unvesiled a flagship cannabis dispensary in Boston. The dispensary is situated Allston and will allow patients to access medical cannabis products. These products will be the form of vaporizer, oils, concentrates, tinctures and flowers. Following this launch, Mayflower becomes the second cannabis operator to open a dispensary in Boston. The new dispensary makes 34, the number cannabis dispensaries that have operations in Massachusetts. The state is home to around 6.7 million people.

*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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American Battery Metals Corp (OTCMKTS: ABML) Clinches A 13.8 Acre Property Situated At Storey County, NV

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American Battery Metals Corp (OTCMKTS: ABML) bought a 13.8-acre property in the most significant industrial park worldwide – Tahoe Reno Industrial Center, situated at Storey County, NV. 

Utilizes advanced extraction technologies

It is an ideal location to establish the battery recycling plant of American Battery Metals. The company would use sophisticated extraction technologies to provide battery metals satisfying the high domestic demand. It is eco friendly.

It does not release toxins into the air besides preventing water pollution. Doug Cole, CEO of American Battery Metals, said the purchase of this property is an essential milestone in its quest to build a battery recycling pilot plant. 

The company has a talented team ready to design and manage storage and plant construction activities efficiently and cost-effectively.

After the city of Fernley approves the core and shell building permits and final mass grading permits, the company would commence site grading operations. 

Receives the nod for lithium-ion battery recycling plant

The Fernley City Council for CUP (Conditional Use Permit) approved the upcoming lithium-ion battery recycling plant on June 17, 2021. 

Earlier this month, City of FPC (Fernley Planning Commission) granted Conditional Use Permit. As a result, the company now inched closer to permitting and constructing a lithium-ion battery recycling pilot plant in Nevada’s Fernley.

Cole said the CUP by the Fernley City Council allows the company to construct its lithium battery recycling pilot plant. 

The pilot plant expects to boost the economy in Fernley and generate employment. It also ensures a secure supply of battery metals for domestic needs. 

The Fernley City Council’s CUP also confirms that the American Battery Metals pilot plant would satisfy the City’s Comprehensive Master Plan obligations to protect the general welfare, safety, and public health. 

Supports transition to electric mobility

On May 25, 2021, American Battery Metals entered a strategic alliance to establish centralized service operations to collect and recycle electric vehicle batteries. 

The new venture at Cicle EV ChargeParks satisfies high demand for battery metals. It also facilitates the transition of truck fleets and global automakers into electric mobility. In addition, the new venture solves renewable energy supply chain issues and facilitates the fastest-growing EV ecosystem. 

The partnership between Cicle ChargeParks and American Battery Metals creates a highly advanced and practical renewable energy technology solution.

*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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Nextleaf Solutions Ltd (OTCMKTS: OILFF) Bestowed U.S. Copyright

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Nextleaf Solutions Ltd (OTCMKTS: OILFF) has announced that the United States Patent and Trademark Office has granted the company a Copyright relating to the abstraction and refinement of THC and CBD.  

The company believes it has established defensible intellectual property around the most effective methods for creating THC and CBD concentrate at a scale within a controlled market. Nextleaf holds 15 U.S. Copyrights and has been issued over 80 copyrights internationally.

“Nextleaf has advanced patented technology that may advance upon the therapeutic possessions of a accepted creation that has been in usage for thousands of years,” said Paul Pedersen, CEO of Nextleaf. “With pharmacological companies starting to arrive the cannabinoid space, we trust Nextleaf’s heap of intellectual property related to the manufacture of novel psychoactive mixes will draw a lot of consideration.”

Appointment of CannDelta for Health Canada Dealer’s permit

Nextleaf has involved CannDelta Inc. with deference to its submission for a Health Canada Controlled Drugs and Substances Dealer’s permit. Upon application tender and sanction from Health Canada, the Dealer’s permit is projected to permit Nextleaf Labs to conduct a diversity of actions connecting to psilocybin and psilocin comprising R&D, IP progress, manufacture of base ingredient resources, workroom examination, as well as the trade and delivery of the materials to certified persons, including investigators and for its use in scientific trials.

Company launches Specialty Molecules Division 

Nextleaf has announced the unveiling of a Specialty Molecules Division to emphasize the growth and commercialization of novel psychoactive mixes. The division is reinforced by the company’s current intellectual property collection, counting the built-up of CBD-O-acetate and the newly announced U.S. patent for the mixture of THC-O-acetate.

Nextleaf anticipates announcing a future R&D and novelty contract with a significant strategic associate functioning in the cannabis or pharmacological space. The first emphasis of the Specialty Molecules Division is commercializing more multifaceted cannabinoid-based cures that may deliver a healing substitute to opioid-based medicines. 

Nextleaf proposes to mature healing produces from its intellectual property relating to the acetylation of cannabinoids. The company anticipates issuing adult-use products with THC-O-acetate, which has never been marketed under a permissible framework to the best of the company’s information.

*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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Puration Inc (OTCMKTS:PURA) And PAO Group (OTCMKTS:PAOG) Inks A Pact to Develop Cannabis Centric Applications Jointly

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Puration Inc (OTCMKTS:PURA) reached an agreement with PAO Group (OTCMKTS:PAOG) to develop cannabis-centric applications. As per the terms of the pact, PAO will distribute its common stock to the investors of Puration.

Puration shareholders will receive one share of PAO for each of their shares in Puration. FINRA is currently reviewing the share distribution to Puration shareholders. Both PAO and Puration are jointly working on the Farmersville brands project of Puration.

Hemp as an eco-friendly substitute

Puration is constructing a facility on a 70-acre plot with PAO’s help with a target to demonstratable and interactive education to highlight the benefits of hemp.  The company intends to show hemp as an eco-friendly alternative to the prevailing industrial services and products that damages the environment.

Hemp provides an environmentally sustainable substitute for lumber, textile, and plastic material sources. The demand for the textile industry across the world is valued at over $1 trillion.

The demand for wholesale lumber in the US alone is valued at $100 billion. Also, the overseas demand for plastic is more than $500 million. According to Puration, the industry has not fully understood the potential of hemp. As industries turn to eco-friendly alternatives, Puration sees an opportunity for hemp-based materials to safeguard the environment. Therefore, the company will utilize the Farmersville brand project to achieve its target. Puration intends to develop a cooperative network of hemp processors and producers to market services and products under the Farmersville Hemp brand.

The market for hemp-based products

Farmersville brand project, which stands on a 70-acre facility, will promote hemp-based product growth. The demand for hemp-derived products expects to surge to $15 billion by the year 2027. PAO also cooperates with Puration for managing indoor hemp growing facilities to produce pharmaceutical-grade products. The hemp brand strategy of Puration will benefit from the overall environmental initiative of Biden.

PAO to generate revenues from CBD

This year, PAO will generate revenues from the expansion of cannabidiol nutraceuticals. In the presentation, PAO provided details of its engagement with North American Cannabis Holdings, Inc, Puration, and Alkme Holdings, Inc.

*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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