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New Jars for the Cannabis Industry: Much Lighter, Zero Landfill and Made in Canada, Naturally™ from Renewable Resources Including Hemp Fibre

Vlad Poptamas

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The Made in Canada, Naturally lineup of sizes. For cannabis flower, pre-rolls, and edibles.
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Hansen Packaging presents a trail-blazing sustainable path forward for the cannabis industry: a jar that is Made in Canada, Naturally™.

Hansen has developed a full product line of jars for the cannabis industry with a compelling combination of benefits, including: a drastic reduction in the amount of material used in making the jars, the use of renewable resources, and an environmentally responsible end-of-life disposal.

Wherever cannabis has been legalized (CanadaCaliforniaColorado, etc.) consumers have taken immediate notice of what many claim to be “excessive packaging”. In order to comply with the laws governing the packaging of cannabis, producers often pack their products into plastic containers, some of which are only designed to be used once and then discarded. Consumers have been outspoken in calling for a reduction in plastic, with a more responsible end-of-life for the packaging, and a more sustainable source for the raw materials.

Available now at compostablejars.com, these “Made in Canada, Naturally™” jars are a response to the current worldwide push to eliminate landfill-destined plastics in packaging. Some of the compelling reasons to adopt these new, sustainable packaging solutions are:

  • The packaging is significantly lighter.  The 3.5g Flower Jar weighs 12g and the lid weighs 6g – this is 18g total.  The incumbent jars currently used along with the lids weigh 74 grams.  This is a savings of over 1.2 million pounds of plastic for every 10 million jars – just for the one SKU! This directly translates to greenhouse gas savings.
  • Waste streams of the hemp plant are used. The black colour is from USDA certified “99% new carbon” using waste streams of the hemp plant – a first in the world.
  • The bio-composite resin used is made from renewable resources that have a zero-carbon footprint.  Use of non-renewable fossil fuels is thus minimized – contributing to reduction in GHGs.
  • Food contact and BPI certified resins are used to mold the jars. The resins used to mold these jars are food contact certified (DinCertco 8C084 and ASTM D6866)

Competitive Green Technologies (CGTech) has BPI (Biodegradable Products Institute) certified resins that are deemed compostable in industrial composting facilities when used as components in a product that also needs to go through the certification process.

These bio-composite resins are made from renewable resources including hemp.  The guiding philosophy of the company is to use, as much as possible, agricultural residues that are non-food and non-forest based renewable natural resources. This facilitates the circular economy to becoming a real, sustainable alternative – from land to a Brand and then back again to land. The continuing research and commercialization at CGTech will ensure that improvements in performance continue to be made for the cannabis jars.

 

SOURCE Hansen Packaging

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Cannabis

Sunniva Announces Closing Of Third Tranche Of Short Term Bridge Financing For Proceeds Of Cad $325,000

Vlad Poptamas

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Sunniva Inc. (“Sunniva”, the “Company”, “we”, “our” or “us”) (CSE:SNN) (OTCQB:SNNVF), a North American provider of cannabis products and services, is pleased to announce that it has closed the third tranche of the Company’s non-brokered private placement (the “Offering“), previously announced on August 1, 2019 of CAD $325,000 for a total of 325,000 units of the Company (“Units“). In aggregate the total gross proceeds raised by the Offering was CAD $7.57 million and 7.57 million Units issued. Each Unit consists of a principal amount of unsecured promissory notes of the Company (“Promissory Notes“) and common share purchase warrants of the Company (“Warrants“).

As previously disclosed, proceeds of the Offering will be used to provide short term working capital for operations in California, capital costs at the Sunniva California Campus and general corporate purposes.

The Units issued under the Offering have the following terms:

Promissory Notes  

     Maturity: 

6 months from the closing date.

     Interest Rate:

10% (annual rate).

Warrants 

     Number of Warrants:   

0.40 Warrants per Unit (each Warrant entitles the holder to acquire one common

share of the Company at the Warrant Exercise Price).

     Warrant Exercise Price:  

CAD $2.50 per Warrant.

     Warrant Term:         

24 months from closing.

A finder’s fee of 5% payable in cash will be paid to certain investment advisors for introducing certain purchasers of Units to the Company.

The Promissory Notes and Warrants have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Promissory Notes or Warrants in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful.

For more information please visit: www.sunniva.com.

To be added to the Sunniva email distribution list please register at www.sunniva.com/email-alerts.mailto:

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

 

SOURCE Sunniva Inc.

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INTERCURE: CANNDOC signs strategic distribution agreement with S.L.E. of TEVA Pharmaceuticals

Vlad Poptamas

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InterCure (TASE: INCR), announced that subsidiary Canndoc has entered into a strategic distribution agreement with Salomon, Levin, Elstein (S.L.E.,) which is owned by Teva Pharmaceuticals Industries (NYSE: and TASE: TEVA).

Under terms of the agreement, S.L.E. will distribute Canndoc’s GMP products to pharma clients, including hospitals, health maintenance organizations (HMOs) and all pharmacies in Israel, including pharmacy chains. In the future, as regulatory approvals allow, S.L.E. will provide logistics capability for exporting Canndoc’s products to countries that support regulations for the sale and distribution of cannabis products for medical use.

S.L.E. is one of Israel’s leading companies for providing health logistics services and distributes products from dozens of local and international companies. S.L.E. is licensed by the Israeli Ministry of Health, and also holds a GDP distribution license.

“Our agreement with S.L.E., Israel’s leading company in distributing medical products, creates a complete supporting platform for supplying Canndoc’s GMP products to any location in Israel and for countries with similar regulations,” said Canndoc’s Chairman Ehud BarakThrough its S.L.E. partnership, Canndoc has aligned itself with one of the most prominent pharmaceutical companies in the world, for the distribution of cannabis-based medical treatments to countries that recognize the value of these medicines for people in need.”

S.L.E. CEO Aviad Bossi adds, “The agreement brings together our well-established pharmaceutical distribution network with Canndoc’s high quality medical cannabis industry presence and market leadership. Beyond the operations in Israel, this agreement will provide Canndoc significant logistical capabilities that can support Canndoc’s exporting operations from Israel.”

The distribution agreement is set for a 3-year term and includes a mechanism for automatic extension periods of two years each.

Canndoc is one of the first licensed producers, with its GMP-approved medical cannabis Rx products being sold in pharmacies. The engagement in this distribution agreement will broaden Canndoc’s ability to distribute GMP products to its patients within the S.L.E. pharmacy network throughout Israel. In addition, S.L.E. will provide Canndoc significant logistical capabilities in the future supporting Canndoc’s ability to export its products to countries with consistent regulation for the sale and distribution of cannabis products for medical use.

 

SOURCE Canndoc

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Prairie Records Tops the Charts: Named Top Cannabis Retailer in Canada at Grow UP

Vlad Poptamas

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Prairie Records Store Interior
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Westleaf Inc. (the “Company” or “Westleaf“) (TSX-V:WL) (OTCQB:WSLFF) is proud to announce its Prairie Records retail stores have been named top cannabis retailer in Canada at the GrowUP Conference & Expo. Singing a different tune in cannabis retail, the award win is a testament to how Prairie Records is offering Canadian’s a truly unprecedented purchasing experience.

“It is extremely gratifying to have Prairie Records be recognized at one of the industry’s largest events and to be able to stand out amongst a field of very worthy retail competitors,” says Adam Coates, Chief Commercial Officer at Westleaf and Retail Brand Strategist for Prairie Records. “We set out to make waves in a sea of sameness by creating an immersive experience like no other in the marketplace, and we are pleased and honoured to receive this, the first Grow UP Conference retail award.”

Ten companies were nominated in the Grow UP retail category at this year’s event, the first for the industry. Among the nominees were independent stores and well-known national chains. Prairie Records was recognized based on delivering an unparalleled consumer purchasing experience and creating a welcoming brand for cannabis consumers.

Westleaf has four Prairie Records stores open, three in the Saskatoon region and one in Calgary, which is hosting its grand opening tomorrow, September 14. The concept combines the tactile and immersive feel of a vinyl record store with a cannabis purchasing experience. Information about the cannabis strains and strengths are presented on album covers and the customer is enveloped in a warm and welcoming retail experience. The staff are well versed on the product offering and provide educational opportunities for both the experienced cannabis connoisseur as well as the novice consumer.

 

SOURCE Westleaf Inc.

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