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Cannabis Stock News Daily Roundup March 18

ME Staff

VIASPACE (OTC: VSPC) subsidiary Bad Love Cosmetics has completed fabrication of the component containers for its CBD lip product line. In a statement, VIASPACE Chairman and Acting CEO Dr. Kevin Schewe states: “We are proceeding with our 2019 business plans for VIASPACE to generate revenues from a business model with three lines of business activities.”

OTC Markets Group (OTCQX: OTCM), which operates financial markets for 10,000 U.S. and global securities, announced Captor Capital Corp. (CSE: CPTR) (OTCQX: CPTRF) has qualified to trade on the OTCQX Best Market. Captor Capital is a vertically integrated cannabis investment focused company engaged in cultivation, manufacturing, and distribution of recreational and medical marijuana products to consumers through its brands and dispensary retail stores.

GNCC Capital (OTC: GNCP) completed the acquisition of BioCann Pharma S.A.S., a cannabis CBD pharmaceutical grade oils producer and distributor. The company is incorporated in and operating in the Republic of Colombia and with offices in Ontario, Canada.

Mondias Naturals (TSXV: NHP) reported positive results of its greenhouse production tests conducted in collaboration with McGill University and a cannabis producer on its CELEXT07 bio-defense stimulant plant extract. Mondias has been developing CELEXT07 to help prevent fungal growth on plants through its proven ability to boost plant defense systems.

Westleaf (TSX-V: WL) has signed a term sheet with Xabis. Under the terms, Xabis has agreed, subject to execution of a definitive agreement, to provide expertise to the company’s Calgary cannabis extraction and production facility.

Zenabis Global (TSXV: ZENA) has received a license to process and sell cannabis oil products in Canada. The company is now preparing to start selling cannabis oil produced at its Atholville, New Brunswick facility, one of the largest indoor cannabis growing facilities in Canada.

Cannabis retailer Fire & Flower Holdings (OTCMKTS:FFLWF) has launched its e-commerce platform to sell adult-use recreational cannabis to customers in the province of Saskatchewan and accessory products to customers across Canada.

iAnthus Capital Holdings (CSE: IAN) (OTCQX: ITHUF) has completed the private placement offering of US$35 million of unsecured convertible notes and corresponding warrants to three investors. The company intends to use the proceeds to continue the build-out of facilities across its 11-state footprint.

The post Cannabis Stock News Daily Roundup March 18 appeared first on Market Exclusive.