CARSON CITY, NV, Jan. 16, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Pharmagreen Biotech, Inc., (OTC: PHBI), is pleased to announce today that it signed a memorandum of understanding with Here to Serve Holding Corp., (OTC:HTSC) to provide consulting services and supply ICF building material (Insulated Concrete Forms) for the construction of Pharmagreen’s 63,000 square foot facility, the Cannabis Biotech Complex.
The complex, which will take about 18 months to construct, makes use of cutting edge technologies in its engineering, water recycling and conservation techniques, as well as with its construction material resulting in a reduced carbon footprint and secure, uniquely advanced, eco-friendly and semi-automated tissue culture, clean-room laboratory, extraction, distillation and research facility.
ICF building material will provide vital solutions by reducing energy maintenance costs for the building by 50-70%. Furthermore, ICF blocks are mold resistant, temperature controlled and resistant to microbial forces, which is a number one requirement in the construction of a clean-room lab grade facility.
We project that this premier cannabis biotech complex will provide for the annual in-vitro production and supply of over 10 million cannabis tissue cultured plantlets and ready-to-grow starter crops for licensed commercial grow operations, micro-cultivators as well as orchard style high CBD hemp farms with its on field successfully grown proprietary CBD Dana hemp strain.
According to Cesar Herrera, President of Here To Serve Holding Corp, “We believe Pharmagreen’s biotech tissue culture complex will be the world’s first truly state-of-the-art cannabis facility. Here to Serve’s team of architects, engineers, ICF experts, and grow experts have planned a mold-resistant, fire-resistant, sound-proof, and durable facility. ICF built cultivation facilities can also withstand 300 mile per hour winds, protecting company assets in the event of a flood, hurricane or harsh weather conditions. We are proud to be working alongside Pharmagreen, and we applaud Pharmagreen’s vision of becoming one of the best producers of hemp and cannabis in the world. We believe Pharmagreen Biotech’s superior CBD Dana strain of hemp is going to turn hemp farming into a major profit producing industry.”
Commenting on the Pharmagreen’s cannabis biotech complex facility development, Peter Wojcik, President and CEO, stated, “We are building our complex to the highest standards in engineering and building materials and we believe utilizing ICF blocks for construction is the right choice. We look forward to working with Here to Serve Holding Corp. as we move forward with our development plans.”
About Pharmagreen Biotech, Inc. and WFS Pharmagreen Inc.
WFS Pharmagreen Inc. is a wholly owned Canadian-based subsidiary of Pharmagreen Biotech, Inc., a publicly traded (OTC PINKS: PHBI) company. WFS Pharmagreen Inc. is a cannabis company that is becoming a significant producer of cannabis plantlets through a proprietary tissue culture process with opportunity to become one of the largest players globally. Pharmagreen’s mission is to advance the technology of tissue culture science and to provide the highest quality 100% germ free, disease free and all genetically the same plantlets of cannabis and other flora while offering full spectrum DNA testing for plant identification, live genetics preservation using low temperature storage for various cannabis and horticulture plants; extraction of botanical oils, mainly CBD oil, and to deliver laboratory-based services to the North American Cannabis and agriculture sectors. For further information on the company progress on the construction of a 63,000 square foot “Cannabis Biotech Complex” please visit www.pharmagreen.ca
Here to Serve Holding Corp. (OTC:HTSC) operates as an international distribution, consulting and sales organization that markets Insulated Concrete Forms (“ICF”) construction material as well as indoor growing technology. HTSC addresses the need for effective thermal insulation in the cannabis cultivation industry, the residential and commercial building industries, and the hotel industry. HTSC plans to play a vital role in the cannabis cultivation industry by reducing energy costs for the industry by 50-70%. Furthermore, ICF blocks are mold resistant, temperature controlled and resistant to microbial forces, which cost the cannabis industry millions of dollars in lost crops every year. HTSC’s vision is to provide the materials and consulting for cultivation facilities that will save the industry billions of dollars by replacing outdated growing methods that use steel and wood-based construction, which breeds mold, pathogens and microbial elements.
Safe Harbor Statement
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company’s actual results to differ materially from those projected in such forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward looking statements include: our inability to obtain additional financing on acceptable terms; risk that our products and services will not gain widespread market acceptance; inability to compete with others who provide comparable products; the failure of our technology; the infringement of our technology with proprietary rights of third parties; inability to respond to consumer demands; inability to replace significant customers; seasonal nature of our business. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential,” and similar expressions may be used to identify forward-looking statements.
The OTC Markets or any other securities regulatory authority has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release that has been prepared by management.
Tel: (702) 803 9404
Here To Serve Holding Corp.
Tel: (702) 444 5015
Hobo Cannabis Company Secures Majority Market Share in Vancouver with Launch of Fourth Location
VANCOUVER, British Columbia, Feb. 18, 2020 (GLOBE NEWSWIRE) — Hobo Cannabis Company (“Hobo”) today announces the opening of its newest retail store, located in the heart of Vancouver’s shopping district on Robson Street (1173 Robson Street). This marks the company’s fifth location province-wide, and fourth location in Vancouver, granting Hobo majority market share in the city with the launch of this 2,100 square foot store.
“We’re proud to be further investing in the growth of the cannabis industry and the local community at home on the West Coast,” said Harrison Stoker, VP Brand at Donnelly Group. “As the new year kicks off, we’re so thankful for all that we’ve achieved this past year as we’ve grown Hobo here, in Vancouver, and look forward to bringing Hobo Cannabis Company to more communities across Canada throughout 2020.”The new location features a carefully curated lobby entrance and new design elements to support the rollout of Cannabis 2.0 products including vaporizers and edibles. Hobo Robson will also showcase the company’s first terpene bar: an interactive experience that presents cannabis’ common terpenes as everyday smells, distilled into aromatic essential oil blends by the experts at the group’s Barber & Co laboratory in downtown Vancouver. The bar, which was first previewed at Lift&Co Expo Vancouver in January, will feature terpenes including Myrcene (Herbal), Limonene (Citrus), Caryophyllene (Spice), Terpinolene (Herbaceous), Pinene (Pine), Linalool (Floral) and aims to help buyers explore and get to know their favourite cannabis strains in a new way.This news follows the company’s announcement of three upcoming Ontario locations, including the first legal cannabis retail store in Timmins, as well as a location in Ottawa’s historic ByWard Market, and another in the neighbourhood of Nepean. The announcement comes ahead of the company’s market entry into the prairie provinces, with three locations currently under construction in Alberta.About Hobo Cannabis CompanyHobo Cannabis Company, a Donnelly Group venture, is a Canadian collection of privately-owned retail cannabis stores with locations in B.C., Ontario, and Alberta. As a testament to Hobo’s commitment to the consumer experience and making the cannabis buying experience disarming, compassionate and human, Hobo will employ a contemporary aesthetic rooted in simple, functional design and feature a well-considered product range and frictionless technology.Hobo Cannabis Company’s five locations now include Robson (1173 Robson Street, Vancouver), Kitsilano (1952 West 4th Avenue, Vancouver), Airport (8425 Granville Street, Vancouver), Main (4296 Main Street, Vancouver), and Kelowna (2121 Springfield Road, Kelowna) offering consumers a selection of five cannabis intents: Move (THC dominant), Lift (THC leaning), Balance (equal parts THC to CBD), Calm (CBD dominant), and Rest (THC dominant). For more information, visit https://hobo.ca.Media Contact
Talk Shop Media
On behalf of Hobo Cannabis Company
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.
Christina Lake Cannabis Conducts Management Changes
VANCOUVER, British Columbia, Feb. 17, 2020 (GLOBE NEWSWIRE) — Christina Lake Cannabis Corp. (the “Company” or “CLC” or “Christina Lake Cannabis”) announces today that Mr. Benjamin Asuncion has resigned as a director and Mr. Arie Prins has stepped down as President, Chief Executive Officer (“CEO”) and a director of the Company effective immediately. The board of directors has appointed Mr. Joel Dumaresq, Director and Chief Financial Officer as the Company’s interim-CEO to replace Mr. Prins.
Mr. Dumaresq has been active in Christina Lake Cannabis since the outset and will manage the Company through its planned public listing, pending Health Canada licensing, and planned cultivation and processing phases.Over the past 15 months, Mr. Prins oversaw the acquisition, buildout and construction of CLC’s 131-acre outdoor grow facility as well as the recent submission to Health Canada of the Company’s final evidence package in conjunction with its application for a Standard Cultivation License. Christina Lake Cannabis is also pleased to announce that Nicco Dehaan, a sizable investor in, and director of the Company since its founding, has agreed to assume the role of Chief Operating Officer of CLC. Mr. Dehaan is highly experienced in the industry having held for over seven years a license for the growing of medical Cannabis. Nicco will be responsible for overseeing all of CLC’s cultivation and processing operations along with expansion on the Company’s ‘131-acre owned-property’ and over ‘200 acre optioned-property’, once the necessary licenses have been secured.The Company further announces the immediate formation of an advisory committee to provide management with input and advice as the Company nears production. Christina Lake Cannabis is pleased to welcome Mr. Gil Playford and Mr. Mervin Boychuk to the Advisory Committee. Mr. Asuncion will remain involved with Christina Lake Cannabis as an advisor to the Company, and has chosen to vacate his Board position in order to make room on the Board for individuals with direct operational experience.Gil Playford, presently one of Christina Lake Cannabis’ largest shareholders with over a 10% ownership, is a seasoned senior mining executive and founder of LionOre Mining International, with nickel and gold assets in Africa and Australia. In 2007, Mr. Playford spearheaded the sale of LionOre Mining to Norislk Nickel for C$6.8 billion in cash. Mr. Playford started his professional career with Union Carbide Corp. for 25 years and various senior executive positions including Managing Director in Switzerland, Belgium and Germany. Mr. Playford also was the Chairman and CEO of Union Carbide Canada and Chief Financial Officer of Union Carbide in New York. He became Chairman and CEO of UCAR Carbon, a joint venture with Mitsubishi and took the partnership public as GrafTech International. Mr. Playford is presently Chairman and CEO of Bearing Lithium Corp. (BRZ-TSXV), a mineral and exploration development company listed on the Toronto Venture Stock Exchange (TSXV). Gil holds an Engineering Degree from McGill University in Montreal and a Master’s in Business Administration from York University in Toronto.Mervin Boychuk is a serial entrepreneur having founded, built, and sold four private businesses over his 35-year career. Mr. Boychuk joined South Rock Ltd, a private road construction company, in 1978 and subsequently became President & CEO in 1980. Under his guidance, the company grew from 20 employees to over 350, with annual revenues in excess of C$180 million, before subsequently selling to Aecon Group Inc. in 2009. During his tenure at South Rock, Merv co-founded RecycleWest, a waste oil collection and supply company, which was later sold to Newalta in 1995. In 1996, Merv co-founded EnviroWest which serviced the BC, Alberta, and Saskatchewan vacuum truck sludge and waste oil collection markets. EnviroWest was sold to GFL Environmental in 2010, a large waste management company which employs over 8,850 people. Merv is a significant shareholder in Christina Lake Cannabis and continues to be active in the family-owned waste treatment business in Calgary and Edmonton. Commented Joel Dumaresq, “I would like to personally thank Arie for his leadership during the construction of what we believe is Canada’s premier outdoor grow facility. As we await Health Canada approval of our cultivation application, and further as we prepare for our public listing, our operational capabilities have been greatly enhanced with the addition of Nicco, along with Gil and Merv, two highly-accomplished private entrepreneurs and operators.”About Christina Lake Cannabis Corp.Christina Lake Cannabis Corp is a late-stage applicant under the Cannabis Act, having submitted its Statement of Readiness and Evidence Package for a Standard Cultivation License, in addition to a Research and Development License. CLC’s facility is comprised of a 32-acre property, which includes over 870,000 square feet of outdoor grow space, offices, propagation and drying rooms. CLC plans to cultivate cannabis using strains specifically developed for outdoor cultivation and it is planning to produce up to 17,700 kg from its 32-acre facility before developing it’s adjoining 99-acre expansion property, which will bring it’s cultivation footprint to over 4.35 million square feet or over 88,000 kg of low-cost, high-quality, sun-grown cannabis annually.For more information about CLC, please visit: www.clcannabis.comNote Regarding Forward-Looking Information and StatementsForward-Looking Information: This news release includes certain statements that may be deemed “forward-looking statements”. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “would”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company’s disclosure documents which can be found under the Company’s profile on www.sedar.comOn behalf of:“Joel Dumaresq”
CEO and Director
Cannabis4 weeks ago
Light Engine Design Corp. Expands Advisory Board with Plant Geneticists Adam Jacques and Christian West
Cannabis7 days ago
RespireRx Pharmaceuticals Inc. CEO Issues Progress and Status Report
Cannabis2 weeks ago
Earth Science Tech, Inc. (ETST) Announces Cancellation of 18,000,000 Common and 5,200,000 Preferred Shares, Updating the Outstanding Shares to 36,384,394 from 53,902,354
Cannabis3 weeks ago
MediPharm Labs Reaffirms Focus on Global Growth with Strong Aggregate Liquidity; Increases Cannabis 2.0 Shipments
Cannabis3 weeks ago
MediPharm Labs Receives Australian Licence to Import Drugs
Cannabis2 weeks ago
Veritas Farms Highlights VP of Business Development Derek Thomas’ TED Talk on the Relationship Between Hemp and Humanity
Cannabis1 week ago
MPX International Opens Premium Holyweed CBD Flagship Retail Store in Geneva
Cannabis3 weeks ago
Eve & Co Announces Exclusive LOI With Dr. Kerklaan Therapeutics