Connect with us

Cannabis

Pure Global Signs MOU for Supply Agreement with Craft Cannabis Experts: Emerald Plants Health Source

Betty Tűndik

Published

on

Wappa Flower (Hybrid: 60% Indica Dominant) - Photo Source: puresinse.com
Reading Time: 3 minutes

 

Pure Global Cannabis Inc. (TSX.V:PURE; OTC: PRCNF; FRA:1QS) (the “Pure Global”) an integrated, growth-oriented life sciences and consumer products cannabis company, operating through its wholly-owned subsidiary PureSinse Inc. (“PureSinse” or “Company”), and Emerald Plants Health Source (OCTQB: STNN: EPHS Holdings Inc.) (“EPHS”) are pleased to announce that the companies have entered into a memorandum of understanding (“MOU”) through which the parties shall seek to enter into a cannabis wholesale supply agreement (“Supply Agreement”) whereby PureSinse will purchase 1,000 kg of dried flower from EPHS. The total quantity will be shipped periodically throughout a 12-month period commencing on or about July 2019, as product becomes available.

Since obtaining its sales license last month PureSinse has been focused on securing high quality, differentiated inputs. The Supply Agreement will allow the Company to expand its product offerings to medical patients, support product demands from Spark Cannabis Clinic, and diversify its consumer channel strategy with adult use products. Further details will be provided upon the parties entering into a definitive supply agreement. There can be no assurance that a definitive supply agreement will be executed.

EPHS is located in downtown Montreal. By focusing on the development of unique genetics, a distinct cultivation methodology and a commitment to quality, EPHS intends to establish itself as a premium ‘craft’ producer.

“We are continuously looking for ways to get the highest quality products for distribution to our clinics, patients, and our online customers. This collaborative, forward-looking arrangement between PureSinse and EPHS meets a shared goal and vision; to deliver outstanding cannabis products to the sector” says Malay Panchal, President and CEO of Pure Global. “With their decades growing experience coupled with meeting Health Canada requirements, we anticipate that EPHS’ production method will produce wholesale supply that meets our quality policy.”

PureSinse has been recording revenues from its online sales that will be reported in its first-quarter earnings. The Company will continue to seek to secure supply in order to meet the anticipated demands of its customers in advance of Q3 2019, which is when sales from its Company’s Brampton facility are expected to commence.

“We are thrilled to be supplying PureSinse with our ‘Craft Grown with Care’ cannabis from our downtown Montrealfacility. The firming of this relationship is a testament to our cultivation process, and the team behind it,” says Steven Perry, President of EPHS. “The team at Pure Global aligns with our mission and vision to provide the medical and adult-use markets with the highest quality craft dried flower possible.”

FORWARD-LOOKING STATEMENTS

This news release contains certain forward-looking statements, including, but not limited to, statements about Pure Global’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof.

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, Pure Global cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and Pure Global assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

To register to Pure Global’s mailing list, please visit:

www.pureglobal.com.

Follow @pureglobalcanna on Twitter and Facebook and @pureglobalcannabis on Instagram.

SOURCE: Pure Global Cannabis Inc.

 

Hi everyone! Nice to e-meet you! Here are a few things you should know about me.


I am a conscientious, open minded, adaptable to new experiences and ambitious Business Development Manager with a Bachelor's Degree in Economics - Banking, Finance and Accountancy. Through my studies I've also obtained many naturopathic and nutrition degrees as well. Part-time jobs have added marketing, network marketing, event management and store management skills to my experience through my career.


Through my career I have also been a Hotel Manager and owned a Bar/Restaurant & Internet Cafe. My online marketing and social media interactivity experience was gained when me and my husband started a business with an online/organic webshop & healthy lifestyle consultancy.


I've improved my English at Cambridge Academy of English - 2003, in Cambridge. I live a conscious lifestyle, and try to protect the ecosystem. Animal lover and capable of helping others without judgement or negative reactions, this is thanked to my knowledge in holistic therapies and the naturopathy courses I've followed.


I cannot leave far my spiritual growth and the continuous development in alternative and holistic therapies, so I'm learning at Kyron School of New Consciousness, receiving a Bio Energo-therapist diploma.


Thanks to all my experiences I've decided to venture into publishing and writting, while also continuing to learn many new things daily. I hope you enjoy reading my hand picked PICANTE News and check back for my weekly articles. You can find my articles and news digests in the following categories:


FOOD & BEVERAGES, ANIMALS/PETS, ANIMAL WELFARE, CANNABIS, ENTERTAINMENT, HEALTH CARE/HOSPITALS, CONSUMER & COSMETICS, ART, HEALTH AND LIFESTYLE, ALTERNATIVE ENERGIES, BEVERAGES, ALTERNATIVE MEDICINE, COSMETICS AND PERSONAL CARE, AGRICULTURE, and many more.



You can get in touch to discuss interviews or possible article submissions by contacting us.


Let's also connect via social media! You can find me on LinkedIn and Twitter.

Advertisement
Comments

Cannabis

National Cannabis Month Shines Light on CBD-Infused Hard Candies Like Candy Head’s Products

Betty Tűndik

Published

on

Candy Head hard candies, which are now on sale at vitabeauti.com, use full-spectrum CBD oil, which is full of therapeutic terpenes, cannabinoids, flavonoids and fatty acids. Separately, these ingredients have benefits, but together, they create an “entourage effect” which increases the product’s health value. Candy Head opted for hard candy over CBD elixirs because it provides optimal absorption of the many compounds found in full-spectrum oil.
Reading Time: 2 minutes

 

Cannabis began as an herbal medicine in 500 BC when ancient cultures in Central Asia used the plant for health reasons instead of its mood-altering properties.

Today, more than two millennia later, people are again using CBD oil for its medicinal purposes, such as treating anxiety and pain. This is just one historical fact you can learn during National Cannabis Month, which promotes information about this plant, its history and its uses.

“At Candy Head, we believe people need to be educated about the difference between marijuana and CBD,” said Ian Gilley, founder of Candy Head, a Rhode Island-based company which makes CBD-infused hard candies. “You will not get high from CBD products. CBD does not have a high-enough concentration of THC, the psychoactive component of the cannabis plant.”

Plus, CBD oil is legal in many states. The 2018 Farm Bill removed major restrictions that had limited consumer access to the health-benefits of CBD. There is a growing number of studies that suggests CBD oil can help people with epilepsy, acne, depression, diabetes, nausea, ADHD, heart disease and Parkinson’s.

Candy Head hard candies, which are now on sale at vitabeauti.com, use full-spectrum CBD oil, which is full of therapeutic terpenes, cannabinoids, flavonoids and fatty acids. Separately, these ingredients have benefits, but together, they create an “entourage effect” which increases the product’s health value.

Candy Head opted for hard candy over CBD elixirs because it provides optimal absorption of the many compounds found in full-spectrum oil. The company uses a third-party lab to test their candies for proper CBD dosing and consistency to make sure consumers receive the precise amount of oil needed.  None of Candy Head’s offerings contain dairy, gluten, animal products, soy, wheat, fish, shellfish, sesame, coconut, peanuts or tree nuts. They are also vegan-friendly.

You can buy Candy Head products on vitabeauti.comCandy Head’s CBD Blast, a variety pack of 25 hard candies, is available for the sale price of $64.95. The candies come in four flavors: green apple, watermelon, tangerine and blue raspberry.

For more information, visit candy-head.com.

 

SOURCE: Candy Head

Continue Reading

Canada

Government of Canada takes further steps to address the opioid crisis in British Columbia

Vlad Poptamas

Published

on

Photo source: elcentronews.net
Reading Time: 2 minutes

 

The opioid crisis continues to be one of the most serious public health issues in Canada’s recent history. Tragically, between January 2016 and September 2018 more than 10,300 Canadians died from an apparent opioid-related overdose.

Today the Honourable Ginette Petitpas Taylor, Minister of Health, announced funding for new initiatives to increase knowledge about opioid use and treatment, decrease harms associated with opioid use, and enhance access to evidence-based treatment. Minister Petitpas Taylor made the announcement while meeting with representatives of the St. Paul’s Foundation of Vancouver.

New investments totaling $15.3 million announced today include:

  • $9.6 million for seven projects that will focus on education and sharing information on effective treatments for opioid use disorder;
  • $1.3 million to support four initiatives that will reduce the risk of HIV and hepatitis C among people who share drug use equipment, while also linking people to treatment and support services; and
  • $4.4 million to support four research projects to develop innovative, effective treatment options tailored to B.C. communities and Indigenous people.

The funding announced today builds on recent investments to increase access to treatment services for Canadians who are seeking help for problematic substance use. In September 2018, the governments of Canada and British Columbiasigned a bilateral agreement under the Government of Canada’s Emergency Treatment Fund committing more than $71.7 million for innovative and comprehensive treatment options in the province.

Quotes

“This crisis continues to be one of the most serious public health issues in Canada’s recent history, and organizations on the ground can help us turn the tide of it. That’s why we are investing further in them. We know there is no silver bullet solution to this crisis, and the services and education these organizations offer are crucial. We must continue to work all together to save lives.”

The Honourable Ginette Petitpas Taylor
Minister of Health

St. Paul’s Hospital happens to sit at the epicentre of the opioid crisis in Vancouver, which has given us both a unique perspective and a profound responsibility. We know that research, outreach, and education will significantly reduce harm, yield financial savings and, most importantly, improve and save the lives of individuals, families, and communities affected by substance use across Canada.”

Dick Vollet
President and CEO, St. Paul’s Foundation

Quick Facts

  • Budget 2018 committed more than $230 million over five years to address the opioid crisis. This funding included $150 million for a cost-shared Emergency Treatment Fund.
  • Through Budget 2019, the Government of Canada is committing an additional $30.5 million over five years, starting in 2019-20, with $1 million in ongoing funding, for targeted measures to address persistent gaps in harm reduction and treatment.
  • Since June 2017, data reported to Health Canada indicate that there have been more than 327,000 visits to supervised consumption sites and overdose prevention sites across Canada, without a single death in the facilities and almost 3,600 reported overdoses reversed.
  • Through the Canadian Institutes of Health Research (CIHR), the Government of Canada is investing in researchers who are helping to provide evidence on which interventions work best to prevent opioid overdoses, how to treat opioid use disorder and how to promote harm reduction.
  • Health Canada’s Substance Use and Addictions Program (SUAP) provides approximately $50 million annually to support initiatives that help prevent, treat and reduce all forms of harm from problematic substance use, including opioids, cannabis, alcohol and tobacco.
  • The Public Health Agency of Canada’s Harm Reduction Fund is investing $7 million annually to support projects across Canada that will help reduce rates of HIV and hepatitis C among people who use drugs.
  • The Government of Canada is running a national public awareness campaign on opioids. The campaign aims to raise awareness of the risks associated with opioids, the stigma that prevents people who use drugs from receiving help, and what to do if you witness an opioid overdose.

 

SOURCE Health Canada

Continue Reading

Blockchain

Alt Thirty Six Secures $10 Million In Series A Funding For Cannabis Payment Solution Platform

Vlad Poptamas

Published

on

Reading Time: 1 minute

 

Alt Thirty Six, a first-of-its-kind digital payment and compliance platform designed to help the cannabis industry go cashless, announces $10 million in Series A funding to help accelerate company growth and enhance development capabilities. The round was led by a private equity firm to support Alt Thirty Six‘s digital payment solution.

The company’s innovative platform eliminates the need for cash in the cannabis industry by using blockchain technology and Dash, a decentralized digital asset, to facilitate the transfer of funds at dispensaries and cannabis businesses.

Alt Thirty Six will use the funding to further drive company expansion, advance the platform’s technical functions and abilities, expand proper licensing in target states across the U.S., while maintaining focus on compliance and regulation. Ultimately, the capital will be used to help Alt Thirty Six achieve mass consumer adoption throughout the cannabis industry.

“We are committed to revolutionizing the cannabis space by increasing access to compliant digital payments, making transactions easier and faster for all cannabis businesses,” said Ken Ramirez, co-founder and CEO of Alt Thirty Six. “This new Series A funding round provides us access to the resources we need to help facilitate our vision for one of the fastest growing industries in the country.”

Alt Thirty Six‘s recent company announcements include a partnership with CannTrade, a leading provider of cannabis software technology, and the hiring of Chief Architect Jason Breidis, a payments expert whose work led to the acceptance of electronic payments at McDonald’s restaurants and is used to process billions of dollars in transactions.

“We fully support Alt Thirty Six‘s innovative payment technology and dedication to providing the cannabis industry with an alternative to cash,” says the private equity firm. “We are thrilled to lead this funding round. Alt Thirty Six brings a new, payments-focused element to our portfolio, adding tremendous value to the cannabis businesses.”

 

SOURCE Alt Thirty Six

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off