Cannabis Stock News Daily Roundup September 24


Dixie Brands (CSE: DIXI.U) (OTCQX: DXBRF) (Frankfurt: 0QVhas extended the expiry date of 27,235,027 share purchase warrants issued on October 1, 2018, for one year in conjunction with the company’s non-brokered private placement of $25 million. Each warrant entitles the holder to purchase one subordinate voting share of Dixie at an exercise price of $1.32 per share.

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Clean Commodities (TSX VENTURE: CLE) (OTCPK: YWRLF) announced that it intends to spin-out its subsidiary Western Hemp to the corporation’s shareholders. Western Hemp is a licensed hemp producer and is pursuing a high-margin CBD-focused business model.

Ovation Science (CSE: OVAT) has launched its e-commerce website to sell its anti-aging beauty line ARLO CBD Beauty. The website is designed for U.S. consumers looking to purchase anti-aging products infused with the benefits of CBD. “The launch of our e-commerce website for ARLO CBD Beauty products aligns with our Company’s strategic vision for growth, expansion and revenue generation,”  Ovation COO Doreen McMorran stated.

Valens GroWorks (TSXV: VGW) (OTCQX: VGWCF) announced that it has received an amended license from Health Canada and is making significant progress with the build-out of the adjoining state-of-the-art white label manufacturing facility. Under the new license, Valens is now authorized to manufacture and supply oil products directly to provincial distributors and other authorized Canadian retail supply channels.

Habitat Craft Cannabis, a subsidiary of Deepwater Agriculture d/b/a Habitat Life Sciences, has received a micro-cultivation license from Health Canada. The licence gives the company the ability to begin cultivation at its fully constructed aquaponics facility in Chase, B.C.

4Front Ventures (CSE: FFNT) (OTCQX: FFNTF) announced the appointment of Kathi Lentzsch and Betty Aldworth to its board of directors. Lentzsch is the CEO and president of Bartell Drugs, and Aldworth is executive director of Students for Sensible Drug Policy.

Fire & Flower (TSX: FAF) announced that its CEO Trevor Fencott has been elected to the board of directors of the Canadian Chamber of Commerce, the largest and most recognized business association in Canada. Most recently, the chamber formed a National Cannabis Working Group to provide balanced policy recommendations supporting Canada’s emerging cannabis sector.

Jushi Holdings (NEO: JUSH.B) (OTCQX: JUSHF) announced that the OTC Markets Group has approved the trading of the company’s subordinate voting shares on its OTCQX Best Market under the ticker symbol ‘JUSHF’. Jushi’s subordinate voting shares started trading on the OTCQX Market on September 23. The company’s subordinate voting shares will continue to be listed on the Neo Exchange under the ticker symbol ‘JUSH.B’.

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