Cannabis Stock News Daily Roundup June 5
High Tide (CSE: HITI) (OTCQB: HITIF) (FRA: 2LY) has opened a new Smoker’s Corner retail store in the Royal Chapelle Area of Edmonton in Edmonton, Alberta. The Royal Chapelle Store will be supplied from the company’s vast catalog of more than 4,300 SKUs of smoking accessories and cannabis lifestyle products, including the full range of proprietary and licensed goods offered by its wholesale segment.
Westleaf (TSX-V: WL) (OTCQB: WSLFF) announced that its Westleaf Labs LP subsidiary has signed an agreement with a subsidiary of Xabis. Under the deal, Xabis will provide technical expertise to the company’s Calgary-based extraction, processing, and manufacturing facility, which is on schedule to complete construction this month.
Dixie Brands (CSE: DIXI.U) (OTC: DXBRF) (Frankfurt: 0QV) has named Greg Robbins as the company’s chief financial officer. Robbins most recently served as vice president of finance at the U.S. headquarters of energy drinks manufacturer Red Bull. The appointment is effective June 24.
Willow Biosciences (CSE: WLLW) has signed an exclusive joint development agreement with Noramco, a manufacturer of cannabinoids, to collaboratively develop a yeast-based biosynthesis platform for the production and distribution of CBD. Biosynthesis, as a technology platform, can provide a low-cost, ultra-pure and scalable manufacturing solution for pharmaceutical, food, beverage, and personal care consumers of CBD.
Charlotte’s Web Holdings (TSX: CWEB) (OTCQX: CWBHF) has officially unveiled its newest CBD product line – hemp extract-infused CBD Gummies – made with whole-plant extract from its prized hemp genetics and featuring synergistic functional ingredients to support specific health-related functions including everyday stress, sleep, and recovery from exercise or active lifestyles.
Khiron Life Sciences (TSXV: KHRN) (OTCQB: KHRNF) (Frankfurt: A2JMZC) announced the completion of construction and the initiation of operations in its cultivation, extraction, and analysis facilities in Ibague, Colombia, where it made significant progress towards the commercial registration and production of medical cannabis products targeting 6 million potential patients across the country.
Fire & Flower (TSXV: FAF) has received an additional license from the Alberta Gaming, Liquor and Cannabis Commission to open a licensed cannabis retail store in Calgary, Alberta. The company expects to open the first Calgary licensed store the week of June 24 and will be located at 3916 MacLeod Trail, Calgary.
Ignite International Brands has received final approval of the Canadian Securities Exchange for the business combination between Ignite and Ignite International. The company anticipates that trading of the subordinate voting shares of Ignite will commence on the CSE on June 4 under the ticker symbol “BILZ”.
OTC Markets Group (OTCQX: OTCM), the operator of financial markets for 10,000 U.S. and global securities, has launched the OTCQX Cannabis Index (.OTCQXMJ), a new performance benchmark for cannabis companies trading on the OTCQX Best Market.
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