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Cannabis Stock News Daily Roundup March 12

ME Staff

Valens GroWorks (CSE: VGW) (OTC: VGWCFhas entered into a multi-year extraction services agreement to provide cannabis and hemp extraction services to The Green Organic Dutchman Holdings (TSX: TGOD) (US: TGODF).

Shares of Aurora Cannabis (NYSE: ACB) (TSX: ACB) (Frankfurt: 21P) were in the green after the company announced that it has started selling cannabis oils to German pharmacies following receipt of all necessary approvals from the Canadian and German regulatory authorities.

Village Farms International (TSX: VFF) (NASDAQ: VFF) announced that its 50%-owned joint venture for cannabis production Pure Sunfarms has been granted approval by Health Canada to expand its facility in Delta, B.C.

Alternet Systems (USOTC: ALYI) received a license in the State of New York to grow hemp. The company has secured acreage in New York to grow and house the facility where hemp bast will be harvested.

The Supreme Cannabis Co. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) appointed Mr. Nikhil Handa as the company’s new CFO. The company named current CFO Dimitre Naoumov vice president of finance.

Indiva Limited (TSXv: NDVA) (US: NDVAF) issued an update on the design of its extraction facility in London, Ontario. The company is working with Lucid Lab Group to design, construction and commission of an ethanol-based extraction operation at Indiva’s facility in London, Ontario.

Trulieve Cannabis (OTC: TCNNF) (CNSX: TRULis opening a new dispensary in Clearwater, Florida. The cannabis firm operates 23 other dispensaries throughout Florida, including several locations in the Tampa Bay region.

Cannabis consumer packaged goods firm SLANG Worldwide (CNSX: SLNG) has launched its RESERVE product line in the California market. “The new product offering was created in direct response to demand in the market for a curated selection of top strains,” the company said in a press statement.

AgraFlora Organics International (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXFintends to pursue a public listing on a major international stock exchange. The company is analyzing the strategic advantages of a potential listing on the Nasdaq, the New York Stock Exchange or the AIM, a division of the London Stock Exchange, notes a press statement.

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