AGTK - Agritek Holdings, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
0.0160
+0.0020 (+14.29%)
At close: 3:56PM EDT
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Previous Close0.0140
Open0.0190
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.0160 - 0.0190
52 Week Range0.0100 - 0.4300
Volume42,215
Avg. Volume471,859
Market Cap331,801
Beta (5Y Monthly)-4.57
PE Ratio (TTM)N/A
EPS (TTM)-1.0060
Earnings DateMay 15, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Agritek Holdings, Inc. Announces Delay in Filing Form 10-K Report Under New SEC Provision for COVID-19 with Full Intention of Remaining Fully Reporting and Uplisting to OTCQB

    LOS ANGELES, CA, March 31, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provider for popular hemp brands, today announced that the filing of the Company’s 10K annual report will be delayed beyond the required filing date of  April 15, 2020. The extension of time is necessary due to unanticipated delays in part caused by the recent Covid-19 virus, causing limited access to corporate offices, travel restrictions and inability to access corporate vendors and reports. On March 25, 2020, the Securities and Exchange Commission (the “SEC”) issued new orders extending the filing periods covered by its previously enacted conditional reporting relief for certain public company filing obligations under the federal securities laws, and also extended regulatory relief previously provided to funds and investment advisers whose operations may be affected by COVID-19.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Consolidation Of Over $500,000 In Convertible Notes And Debt By Institutional Investor Of The Company

    LOS ANGELES, CA, March 24, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provider for popular hemp brands, announced today that the Company’s Institutional accredited investor, Oasis Capital (“Oasis”), has executed an agreement to acquire all outstanding convertible notes, in excess of $500,000 with PowerUp Lending Group of Great Neck, New York. The first payment of $100,000 has been paid by the Oasis, which will consolidate all existing convertible promissory notes, including all interest and other payments due thereon with PowerUp Lending. The initial Notes were originally issued in April, May and December of 2019, and upon full completion the Agreement with Oasis Capital, PowerUp Lending will no longer be a creditor of the company with all convertible debt held by PowerUp being acquired by Oasis.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Completion of Acquisition of Cannabis Brand IP Company Full Spectrum Biosciences Inc. as Wholly Owned Subsidiary Including New RehabRx CBG Infused Hand Sanitizer Product Line

    LOS ANGELES, CA, March 19, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provide for popular hemp brands, today announced that the Company has completed the acquisition and definitive agreement to acquire all of the issued and outstanding shares of Full Spectrum Biosciences Inc., a Colorado based company focused on blockchain, genetic mapping of cannabis strains and IP formulation of premium brands. The closing of the acquisition and definitive agreement between Agritek Holdings and Full Spectrum Biosciences included an all-equity transaction of 10M shares of Agritek Holdings for acquiring 100% of the issued and outstanding shares of Full Spectrum Biosciences Inc. including Intellectual property assets, Colorado hemp license renewal, proprietary formulations, and brands.

  • GlobeNewswire

    Agritek Holdings, Inc. to Acquire Genetic Blockchain and Cannabis Brand IP Company Full Spectrum Biosciences Inc. as Wholly Owned Subsidiary

    LOS ANGELES, CA, March 10, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provide for popular hemp brands, today announced that the Company has entered into a definitive agreement to acquire all of the issued and outstanding shares of Full Spectrum Biosciences Inc., a Colorado based company focused on blockchain and genetic mapping of cannabis strains and formulation of premium brands. The Company has been licensed in Colorado for hemp cultivation, and has licensing agreements to allow cultivators and breeders to genetically map unique strains and mark those strains as IP within a blockchain system.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Focus on Production of CBG Enriched Hemp Material and Retail Products as New Research Uncovers Hidden Antibiotic Potential to Fight Viral Symptoms in Humans

    LOS ANGELES, CA, March 03, 2020 (GLOBE NEWSWIRE) --  via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provide for popular hemp brands, today announced that the Company will utilize its partnerships with licensed facilities in Florida, Colorado and California to focus on the cultivation and extraction of highly enriched CBG hemp, based on a new medical study that CBG material may have antibiotic potential to fight viral disease in humans. Recently, McMaster University researchers have identified an antibacterial compound made by cannabis plants that may serve as a lead for new drug development. An interdisciplinary team of McMaster researchers found that the chemical compound, or cannabinoid, called cannabigerol (CBG) is not only antibacterial but also effective in mice against a resilient family of bacteria known as methicillin-resistant Staphylococcus aureus (MRSA).

  • GlobeNewswire

    Agritek Holdings, Inc. Named Number One Short Term Cannabis Stock on Top 25 List by CANNAINVESTOR Magazine for Week of February 17th 2020

    LOS ANGELES, CA, Feb. 18, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor and white label provide for popular hemp brands, today announced that the Company was named the number one from a list of 25 undervalued cannabis companies as the top short term investment by CANNAINVESTOR Magazine this week. CANNAINVESTOR Magazine is a monthly subscription based digital magazine with an exclusive focus on Cannabis finance that delivers convenient insights on publicly-traded and privately-held cannabis companies through informative articles, company profiles, and market trends that inform and educate investors; attracting inquisitive, highly engaged digital audiences around the globe. Agritek Holdings received the number one spot on the unbiased, non-paid for edition of the Top 25 Stocks within the cannabis sector as a short term leader and undervalued company for potential investment.

  • GlobeNewswire

    Top Democratic Candidates to Legalize Cannabis Across 50 States if Elected, Highlighting Investment Opportunities for Agritek Holdings, Inc. and Others in Undervalued US Cannabis Sector

    LOS ANGELES, CA, Feb. 05, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector, today announced that the top two leading democratic candidates for President stated they would legalize cannabis in all 50 states if elected, seeking to make a bold and across the board change in US regulations and drug policies. Agritek Holdings Inc., with real estate holdings and partnerships in Colorado, California, Florida and Oregon, and a pioneer within the cannabis sector, could be one of the first undervalued companies to greatly benefit from any new proposed legislation. As a multi-state manager of real estate leased to licensed cannabis operators under our plan, total legalization would immediately solve jurisdictional issues of moving products across state lines for our tenants and operators.

  • GlobeNewswire

    Agritek Holdings, Inc. to Acquire Florida Zoned Cannabis Property and Enter Into Long-Term Lease With Licensed Operator

    LOS ANGELES, CA, Feb. 04, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector, today announced that the Company has entered into an agreement to acquire for a sale lease back its first cannabis zoned industrial property located in Pompano Beach, Florida. The 15,000 sq. ft. building originally zoned as a licensed methadone clinic, has met initial zoning approval as the first property within the Florida municipality for licensed cultivation or manufacturing operation. Agritek Holdings will acquire the property from a Maryland based Real Estate Investment Trust now partnered with the Company for future property acquisitions within the sector.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Filing for Name Change to Contrarian Real Estate Acquisition Corp. and Moves to Complete Uplisting for $5M Equity Line Financing

    LOS ANGELES, CA, Jan. 30, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector, today announced that the Company expects to file next week with the SEC and FINRA to formally change its name from Agritek Holdings Inc. to “Contrarian Real Estate Acquisition Corporation.” The Company will further seek to complete its uplisting to the OTCQB. Trading on the higher exchange will further allow the Company to attract new institutional investors for its new cannabis zoned real estate acquisition portfolio and receive initial funds from the $5,000,000 dollar equity line investment from its existing institutional funding partners.

  • GlobeNewswire

    Agritek Holdings, Inc. Provides Shareholder Update and Announces Return of Industry Veteran CEO With Fiscal Plan for 2020

    The management and founding shareholders of Agritek Holdings, since our inception, have always had the sole intention to spend every day focused on building an ever increasingly strong and profitable business within the cannabis sector, all serving to enhance shareholder value. Given the rapid pace of change within the cannabis industry and its challenges, Agritek Holdings is one of the first publically traded cannabis companies and pioneer within the sector. As the Company’s founder and CEO over 10 years ago, I thought it important to provide an update to all of our shareholders in light of yesterday’s events.

  • GlobeNewswire

    Agritek Holdings, Inc. Provides Update and Announces Cancellation of Proposed Apex Extractions Acquisition

    LOS ANGELES, CA, Jan. 23, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has terminated its respective agreements to acquire Apex Extractions Inc. as a subsidiary as previously announced yesterday. There are no other payments by Agritek Holdings Inc. associated with terminating the agreement. Earlier today, the Company was made aware of another announcement by a public Company stating the acquisition of Apex Extractions Inc., with Mr. Benson agreeing to act as its CEO.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Proposed Completion Date of Apex Extractions Acquisition Including Assets, Brands and Distribution Into Wholly Owned Subsidiary

    LOS ANGELES, CA, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company expects to complete the acquisition of certain assets of Apex Extractions including brands and distribution licenses into a wholly owned subsidiary of Agritek Holdings by February 2020. Apex is a California based licensed manufacturer and distributor of over eleven Cannabis Cup award-winning brands (www.Apexextractions.com). The highly anticipated acquisition brings together one of the most recognized cannabis brands in California with licensed manufacturing facilities in Oakland, California as a wholly owned subsidiary with immediate access to the public markets.

  • GlobeNewswire

    Agritek Holdings Inc. Starts New Year 2020 With Acquisition and Launch of Higher Society Premium Cannabis Brand Through Company's New Apex Extractions Distribution Division

    LOS ANGELES, CA, Jan. 02, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced the acquisition and launch of the premium cannabis lifestyle brand “Higher Society” which includes craft cannabis concentrates, extracts, tinctures, oils, flower, topicals, edibles, rosin, vape pens and accessories through the newly announced Apex Extractions Distribution division. Recently, Agritek Holdings announced board approval for the acquisition of certain assets, distribution and brands of the award winning California based cannabis manufacturing Company Apex Extractions (www.Apexextractions.com). The new Agritek Holdings and acquisition of the Apex distribution licensed division will allow the Company to join forces to launch the “Higher Society” premium cannabis brand initially in California in order to drive revenue for both companies.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Board Approval and Completion of Due Diligence Period to Proceed with Apex Extractions Acquisition Including Assets, Brands and Distribution

    LOS ANGELES, CA, Dec. 10, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has completed the due diligence process and received board approval for the acquisition of certain assets, distribution and brands of the leading California based cannabis manufacturing Company Apex Extractions (www.Apexextractions.com). The highly complementary acquisition brings together one of the most recognized cannabis brands in California with licensed manufacturing facilities in Oakland, California and eleven cannabis cup wins with immediate access to the public markets. Agritek Holdings along with Apex has immediate plans to expand its award winning brands to Nevada after the New Year to offer a full range of products to consumers in states across the country.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Update to Shareholders Pending Filing of Third Quarterly Financial Report for 2019

    LOS ANGELES, CA, Nov. 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company intends on completing and filing its third quarter financial report for 2019 within the next two trading days. This third quarter filing should further assist our existing shareholders and new investors with additional detailed information about Agritek Holdings and our expanded business strategy as we move toward the year end. Agritek Holdings has recently completed its initial harvest of several thousand pounds of high CBD hemp biomass from its active partnership and farming operations within Fort Collins, Colorado.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Initial Harvest of Company's CBD Hemp Production in Colorado

    LOS ANGELES, CA, Oct. 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has completed its initial harvest of several thousand pounds of high CBD hemp from its active partnership and farming operations within Fort Collins, Colorado. The Company further announced that it has signed an agreement with Industrial Hemp Partners of Colorado for the manufacturing of several thousand pounds of organic biomass into crude oil to be used for multiple hemp infused products. All hemp material produced through the Company’s licensed partnerships are compliant with federal regulations and do not exceed 0.3% THC.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Agreement with Leading California Manufacturing Facility Apex Solutions Ending Third Quarter with $200,000 in New Purchase Orders

    LOS ANGELES, CA, Oct. 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced the Company has executed an Operations and Licensing Agreement with Apex Solutions Inc., located in Oakland, California. Apex, founded in 2018, is a licensed operator and manufacturer of multiple award winning Cannabis Cup brands distributed throughout the state of California. The Agreement allows Agritek to fund the infrastructure of Apex up to two-million ($2,000,000) dollars for expansion of operations and distribution of existing brands as well as the acquisition of new brands manufactured and distributed by Apex.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Filing of Quarterly Report Returning to Fully Reporting Status with Company Receiving $500,000 Capital Infusion as New CEO Scott Benson Takes Leading Role

    LOS ANGELES, CA, Sept. 19, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the company has filed its quarterly financials or 10Q, returning to fully reporting status and compliance as of yesterday, September 18th. Recently, the Company announced the appointment of Scott Benson as Chief Executive Officer of Agritek Holdings, Inc. Mr. Benson will be replacing Suneil Singh Mundie effective as of today, September 19th. Mr. Benson is a lifelong entrepreneur and operator, having built a number of successful businesses.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Leadership Transition with Scott Benson as Company's New CEO

    LOS ANGELES, CA, Sept. 11, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced the appointment of Scott Benson as Chief Executive Officer of Agritek Holdings, Inc. Mr. Benson will be replacing Suneil Singh Mundie effective as of September 19th. Mr. Mundie has acted as interim CEO for the purpose of identifying a long-term CEO candidate to lead the Company through its next growth phase.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Intent to File Quarterly Report Ending June 30th 2019, Return to Fully Reporting Status, and Registration Statement for Up to Five Million Dollars in Equity Funding

    LOS ANGELES, CA, Sept. 05, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (OTC PINK: AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector in the United States and Canada, today announced that the Company expects to file its quarterly financial report for the term ending June 30, 2019 over the next two weeks. The company is also excited to announce that its registration statement is now completed and will be filed following the quarterly report. The S-1 registration statement will provide the Company with up to $5,000,000 in equity funding, helping eliminate convertible debt which the Company believes has been placing the common share price under pressure.

  • GlobeNewswire

    Agritek Holdings Inc. to Acquire Apex Solutions, a Licensed Manufacturer, Producer and Distributor of Award-Winning Cannabis Products in California

    This potential transaction gives Agritek Holdings Inc. access to Apex Solutions’ tremendous portfolio of intellectual property and proprietary technology in addition to ownership rights for the company’s extensive line of branded products including concentrates Cali Stick, Pinnacle vape pens and proprietary cartridge brands. Founded in February 2017, Apex Solutions was one of the first licensed, recreational cannabis manufacturers established when legalization occurred in the state of California.

  • GlobeNewswire

    Agritek Holdings Inc. Announces Execution of Revised Term Sheet for Cash Infusion of Up to $5 Million Dollars From Private Banking Partner and Equity Line for Targeted California Manufacturing Acquisition

    LOS ANGELES, CA, Aug. 01, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Agritek Holdings, Inc. (OTC: AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has executed a revised term sheet and approved funding for up to $5,000,000 in cash through a private banking partner for a targeted California based acquisition and licensed manufacturing operation. The new cash infusion will be in the form of an Equity Purchase Agreement and Registration Rights Agreement allowing the Company access to capital on an as needed basis. The new equity line and Agreement provides Agritek Holdings with up to five million ($5,000,000) dollars for general corporate and working capital purposes. Pursuant thereto, Agritek Holdings will file a Registration Statement with the SEC to register shares of Common Stock with the right but not the obligation to direct the lender, by periodically delivering a Notice, to purchase shares at an agreed strike price against the equity line for the $5,00,000.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Letter of Intent to Acquire Colorado Manufacturing License and Established Vape Brand as New State Legislation Allows Public Company Investment and Acquisitions

    LOS ANGELES, CA, July 02, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has negotiated terms and effected a Letter of Intent to acquire 100% of a recreational manufacturing license and Vape Company based near Vail, Colorado. The new manufacturing license and asset acquisition are the result of new legislation passed by Colorado last month allowing outside investments from public companies for the first time in the state of Colorado. Colorado’s prohibition on publicly traded cannabis companies, which dates back to legalization and was previously preserved by former Governor John Hickenlooper, is now a relic of the past.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Execution of Term Sheet for Cash Infusion of Up to $2.5 Million Dollars from Private Banking Partner and Equity Line for Expansion of Multi-State Cannabis Operations

    LOS ANGELES, CA, June 20, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active real estate investor for the cannabis sector and consultant for multiple cannabis brands, today announced that the Company has executed a term sheet and approved funding for up to $2,500,000 in cash through a private banking partner for expansion of its cannabis operations in Puerto Rico and Colorado. The new cash infusion will be in the form of an Equity Purchase Agreement and Registration Rights Agreement allowing the Company access to capital on an as needed basis, and to further eliminate debt and retire toxic financing notes on the Company’s balance sheet. The Agreement provides Agritek Holdings with up to two and a half million dollars for general corporate and working capital purposes.

  • GlobeNewswire

    Agritek Holdings, Inc. Announces Filing of Extension for Quarterly Report and Purchase of Licensed Manufacturing Facility in San Juan, Puerto Rico

    LOS ANGELES, CA, May 16, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – Agritek Holdings, Inc. (AGTK) www.AgritekHoldings.com, a fully integrated, active cannabis real estate investor and brand licensor for the cannabis sector in the United States and Canada, today announced that the Company will be filing an extension today for the 10-Q report ending March 31, 2019. The Company has recently filed its’ annual 10-K, and the delay in the quarterly report to be completed next week through the extension period will not delay the Company’s application to be uplisted on the OTCQB.  Additionally, Agritek Holdings is pleased to announce that the Company has executed a purchase agreement for the 15,000 Sq.