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Planet 13 Holdings Inc. (OTCMKTS:PLNHF)’s Elysium Cannabis Beverages Becomes A Hit SuperStores

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Elysium Cannabis Beverages introduced by Planet 13 Holdings Inc. (OTCMKTS:PLNHF) last week are a hit at superstores.

Beverages in five-flavors

Elysium, the best sparkling line of beverages, is offered in five flavors: Eureka Lemon, Persian Lime, Valencia Orange, Ruby Red Grapefruit, and Wild Berry. Features of natural fruit-flavored drinks include zero sugar, instant high, and zero calories.

Co-CEO of Planet 13, Bob Groesbeck said its latest innovative and high-quality products – Elysium, which s developed using all-natural ingredients, are now on the shelves of SuperStores. It is a top-selling brand statewide.

The market for cannabis beverages

Cannabis beverages account for 10% of the edibles purchases. The demand for cannabis beverages worldwide expects to reach $2.6 billion in 2026. It grows at a CAGR (Compounded Annual Growth Rate) of 26.6%.

Acquires cannabis licenses in Nevada

Planet 13 signed an accord to take over cannabis equipment, inventory, and tenant improvements on 45,000 Sq. Ft. It paid $1.156 million for the indoor production/ cultivation facility based in Las Vegas to WCDN (West Coast Development Nevada LLC).

The company will also pay an additional $3 million (cash of $0.5 and shares worth $2.5 million) for equipment, licenses, operating assets, and tenant improvements. It will close the takeover on receipt of approval from CCB (Cannabis Control Board) in Nevada.

Co-CEO of Planet 13, Larry Scheffler said the company plans to expand its Medizin flower line by acquiring additional indoor cultivation of 25,000 Sq. Ft. Medizin flowers are a hit SuperStore each harvest. The company will have an option to expand the facility to 45,000 Sq. Ft. It also plans to expand its offerings and products to 3rd party dispensaries.

Own brands

Own brands of Planet 13 are now available in Nevada based 26 dispensaries. SuperStores reported a 29% increase YoY in its sales in Q2 2020 from owned brands of Planet 13. It’s best selling product SKUs are HaHa Gummies, TRENDI, and Elysium.

Larry said the company is making solid progress continuously in enhancing its product line and unveiling new products in Nevada. It is experiencing increased demand for its products at SuperStores and other dispensaries.

Planet 13 raised capital of CAD 11.52 million through a bought-deal offering of 5.359 million units in July 2020.

*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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Blue Bottle Coffee Inc. Announces Plans To Attain Carbon Neutrality By 2024

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Blue Bottle Coffee Inc., in which Nestle (OTCMKTS: NSRGY) holds a majority stake, has announced a commitment to attain carbon neutrality by 2024. The commitment extends to the whole brand across the US and Asia, ranging from ingredient and coffee sourcing through the end-of-life greenhouse emissions for packaging and product.

Blue Bottle set for carbon neutrality by 2024 

The company will achieve carbon neutrality for its GHG emissions by reducing as much as possible – including by working with coffee farmers to sustain and grow regenerative agricultural practices – and then supporting high-quality offsetting initiatives and carbon removal for persistent GHG emissions. Blue Bottle will release its accelerated pathway to carbon neutrality by 2024 next year.

Today’s announcement is a big step forward in the company’s long-term sustainability aspirations of leading the foodservice sector in the most ambitious and inclusive waste and GHG reduction movement possible.

Blue Bottle CEO Karl Strovink said, “Since our founding in 2002, sustainability has been a core value at Blue Bottle. Sustainability for us means caring for people and planet. We are steadfast in providing guests with the highest quality coffee and cafe experience without the need to compromise on our values.”

Blue Bottle compensated GHG emissions related to eCommerce operations 

The company kept its promise to compensate for GHG emissions linked with its eCommerce operations on purchases sent throughout the US in 2020. This year, Blue Bottle has concentrated its efforts on four major areas to minimize GHG emissions: coffee sourcing, dairy, power, and waste. As part of the 2024 carbon neutrality goal, the corporation also pledged to assist in the scaling of regenerative agriculture. In addition, blue Bottle announced a multi-year commitment to buy the first high-quality, registry-approved agricultural carbon credits as they become available. These credits, created by Carbon by Indigo, assist US farmers in moving from conventional to more beneficial agriculture practices.

*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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Priority Aviation Inc. (OTCMKTS: PJETA) Diversifying Operations Beyond The Cannabis Sector

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Priority Aviation Inc. (OTCMKTS: PJETA), Puration Inc. (OTCMKTS: PURA) and North American  Cannabis Holdings Inc.’s (OTCMKTS: USMJ) controlling shareholder, ACI Conglomerated, has issued an update regarding plans for these three companies.

ACI supporting cannabis operations Priority Aviation

ACI has been executing several transactions looking to update its business strategy and keep up with the changing cannabis sector needs. The holding company is supporting Puration in the execution of its Farmersvile Hemp Brand strategy.  The strategy is a hemp industry-wide initiative for marketing for hemp growers and processors. The focus will be to conduct hands-on seminars for various companies with current products that don’t incorporate hemp. Equally, ACI is supporting North American to execute its cannabis sector eCommerce strategy.

ACI aims to diversify its operations, focusing on a new business initiative development beyond the cannabis sector for Priority Aviation.  Already Priority Aviation’s latest opportunity is going well, and the company will make an announcement soon regarding the new business.  Over the past year, the company has been working on the new business, and it is now scheduled to announce the new business direction on October 21, 2021.

Priority Aviation working on a new business direction 

Priority Aviation’s name is derived from its previous business of jet leasing. Although the company subsequently acquired a cannabis business, it didn’t reach critical mass in the development of the acquisition into a viable business.

Recently PJET updated the necessary OTC markets disclosures to establish OTC’s current status.  At the same time, the company is working on updating public information requirements, and the management has been working in headway for the new business direction. Notably, the company is creating a tech solution that will serve the underserved global marketplace. Additionally, Priority Aviation is in discussion to purchase a physical asset to be used in testing, refining, and showcasing the tech that it is currently developing while creating revenue at the same time.

*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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Curaleaf Holdings Inc. (OTCMKTS: CURLF) To Launch Cliq by Select Seeking To Enhance Vaping Experience

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Curaleaf Holdings Inc. (OTCMKTS: CURLF) has announced the launch of Cliq by Select, which is a proprietary hardware system from the Select brand meant to improve the vaping experience of consumers.

Cliq to debut at Hall of Flowers 

Cliq is a product resulting from several years of research and development to develop the ideal combination of Select’s cannabis oil with the latest intelligently created delivery system. The new hardware will make its debut during the Hall of Flowers and launch in Arizona, California, and Oregon later in the coming week. The company will then continue nationwide rollout in other states, including Colorado, Massachusetts, Maryland, Florida, Nevada, Michigan, New York, Main, Utah, Ohio, Connecticut, and Pennsylvania.

Curaleaf CEO Joy Bayern said, “Cliq is perfect for consumers seeking a high-end hardware vape system that’s easy-to-use, is as comfortable as it is durable, and uses premium oil from a trusted brand known for its quality and safety standards. As with every product and service we launch at Curaleaf, we are fully committed to elevating the cannabis experience of each and every kind of cannabis consumer with brands people love.”

Select brand available in 17 states

Select founder Cameron Forni added, “This is more than just a stylish piece of hardware. Cliq has been years in the making, and is a real testament to the talent and dedication of the Select team, who have cut no corners in elevating what is possible with a better consumer experience. We stressed over even the smallest features and internal mechanics to make Cliq a user’s favorite way to vape.”

Currently, the Select brand is available in 17 states, including Arizona, Colorado, California, Florida, Maine, Illinois, Michigan, Massachusetts, New York, Maryland, Nevada, Ohio, Utah, Pennsylvania, Oregon, and New Jersey. Notably, Cliq by Select will be among the high-quality vape offerings, including Select Fresh, Select Elite Live, and Select Essentials.

*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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