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#CBD Use Continues to Grow as Regulators Change Tact , bodes well for #Bougainville Ventures $BOG.ca $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 11:17 AM on Tuesday, October 1st, 2019

SPONSOR:  Bougainville Ventures Inc (CSE: BOG) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. The company also offers fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Click here for more info.

CBD Use Continues to Grow as Regulators Change Tact , bodes well for Bougainville Ventures

  • According to data compiled by Grand View Research, the global cannabidiol market is expected to reach USD 9.69 Billion by 2025 while registering a CAGR of 32.6% during the forecast period.

NEW YORK, Oct. 1, 2019 — Hemp has been used for centuries for its multi-facet applications. Previously, hemp was primarily used for industrial applications such as manufacturing textiles, fabrics, and linen. The industrial segment was the largest driver for the overall hemp market, however, following legislative efforts, the hemp-derived CBD market has emerged as the primary driver. Hemp was also commonly used as a medicinal treatment for convulsions, rheumatism, dysentery, and insomnia. However, health officials around the world had deemed hemp unsafe for consumers because it was derived from the cannabis plant.

As a result, the entire cannabis plant was listed as a Schedule 1 substance solely because of its marijuana component. The marijuana plant is packed with tetrahydrocannabinol (THC), while the hemp plant is typically cannabidiol (CBD) dominant. Although the two plants fall under the cannabis family, they are widely different in their genetic makeup and effects.

THC is the compound that is commonly known to cause psychoactive effects on the consumer, while CBD is generally known to have relaxing and soothing effects. However, despite the genetic differences, both THC and CBD are known to alleviate certain medical conditions. Researchers have even highlighted that both THC and CBD can effectively treat symptoms associated with cancer, chronic pain, epilepsy, Alzheimer’s, and Parkinson’s. However, because THC causes mind-altering effects, health officials are more inclined to accept CBD as a medicinal treatment than THC. As a result, countries such as Canada, Germany, South Korea, the U.K., and the U.S. have legalized CBD for medical purposes. According to data compiled by Grand View Research, the global cannabidiol market is expected to reach USD 9.69 Billion by 2025 while registering a CAGR of 32.6% during the forecast period.

Read More: https://www.prnewswire.co.uk/news-releases/cbd-use-continues-to-grow-as-regulators-change-tact-829476982.html

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Bougainville Ventures $BOG.ca Oregon Hemp Farm Begins Harvesting $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 6:50 AM on Tuesday, October 1st, 2019
  • hemp farm in Oregon has a crew of 20 people harvesting 28,000 plants and will be completed over the next couple of weeks
  • Worm Casting team has arranged for drying of the bio-mass with a local drying facility close by while our 15,000 Sq ft., drying facility is being built.
  • Once processed, it will be sold along with the 28 kg of distillate CBD oil that was processed by Dab Extraction Associates a mobile extraction company earlier this year.

Vancouver, British Columbia–(October 1, 2019) – BOUGAINVILLE VENTURES INC. (CSE: BOG) (OTC Pink: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Bougainville” or the “Company”) is pleased to announce that harvesting on the Oregon Hemp farms has begun. The hemp farm in Oregon has a crew of 20 people harvesting 28,000 plants and will be completed over the next couple of weeks.

The Worm Casting team has arranged for drying of the bio-mass with a local drying facility close by while our 15,000 Sq ft., drying facility is being built. Once processed, it will be sold along with the 28 kg of distillate CBD oil that was processed by Dab Extraction Associates a mobile extraction company earlier this year.



Harvest Begins

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6334/48347_5298ce62f42f2863_001full.jpg

Andy Jagpal, President Comments:

“The hemp Industry in Oregon is booming and so is the demand for CBD. According to an Oregon based Hemp publication there were little over 580 growers, and 11,500 acres growing Hemp registered in 2018. This year, there are 1,900 growers, and nearly 63,000 acres registered growing hemp. The Hemp market is bigger than the medical marijuana and recreational marijuana put together, and as the Baby Boomers are just now discovering the benefits of CBD the demand for Hemp has an aggressive growth curve that is just beginning.”

To learn more about what this news means to the shareholders visit https://marketnewsfirst.com/bog-news

About the Hemp Market

In 2018, the legal cannabis market was valued at $11.9 billion in the United States and is expected to be worth $66.3 billion by the end of 2025, which is a compounded annual growth rate of nearly 24 percent, according to Market Research.

About Bougainville Ventures, Inc.

Bougainville Ventures Inc. is dedicated to rapid growth in production, processing, retail and branding of cannabis and cannabis related products. Currently the company provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. We offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Also, the Company is focused on building a strong presence in the hemp industry with the objective of extracting cannabinoids in both Canada and the United States. Along with our flagship Hemp project in Oregon State and the Greenhouse campus in Washington state, the Company has proprietary formulas for cannabis edibles, topical, and tinctures.

On behalf of the Board of Directors
BOUGAINVILLE VENTURES INC.

Andy Jagpal, President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305 [email protected]. Or toll free at 1-877-517-7816

http://bougainvilleinc.com/
https://twitter.com/bougainvilleinc

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

No regulatory authority has approved or disapproved the information contained in this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48347

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Posted in Bougainville Ventures | Comments Off on Bougainville Ventures $BOG.ca Oregon Hemp Farm Begins Harvesting $CROP.ca $VP.ca NF.ca $MCOA

#Coors $TAP Enters #CBD Market With New Distribution Deals – SPONSOR: NORTHBUD $NBUD.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 4:05 PM on Monday, September 30th, 2019

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE
—————————–

Coors Enters CBD Market With New Distribution Deals

  • As CBD continues to hit fever pitch with consumers, Molson Coors Brewing Company is entering the business
  • Company recently inked distribution deals with Colorado’s Best Drinks and DRAM Apothecary.

Emily Cappiello Contributor 

As CBD continues to hit fever pitch with consumers, Molson Coors Brewing Company is entering the business. The company recently inked distribution deals with Colorado’s Best Drinks and DRAM Apothecary.

“We are very excited to add Colorado’s Best Drinks and DRAM to our portfolio, giving us the ability to offer amazing CBD hemp products to retailers and consumers in the Denver Metro area. We see a big demand for high quality and unique products in the non-alcoholic space and we think Colorado’s Best Drinks and DRAM are the perfect solution to fill that consumer demand,” says Jennifer DeGraff, director of marketing, Coors Distributing Company.

Moose Koons, co-owner of Colorado’s Best Drinks, explains that the process started about eight months ago when one of the company’s beverages ended up in the hands of someone at the company.

“We started the process from there and Coors really saw an opportunity,” he says. “Working with Coors is going to open up our distribution into restaurants, grocery, bars, convenience stores — they have a fantastic network. But it’s also about the validation and legitimacy of our organization. We’ve been selling CBD drinks for more than a year now.”

Koons explains that Colorado’s Best Drinks has worked closely with the Colorado Department of Health in order to figure out healthy CBD boundaries in consumables, which he feels is one of the reasons that Coors was drawn to the company.

Additionally, Koons adds that what makes Colorado’s Best Drinks different from other CBD-infused beverages out there is the fact that the company is hands-on in the manufacturing process.

“We understand how ingredients go together and how they bond. Sometimes, CBD can be tricky and may not want to blend, but we found solutions to make sure we are putting out a quality product,” he says.

As for teaming up with Coors as far as distribution, Koons says the company is poised for growth already, modeling its processes after the booming craft beer industry in Colorado.

“We watched the craft beer industry and we’ve been working on scalability for two or three years. We should be able to increase distribution without having to change the facility and we put a lot of processes and procedures in place already,” he says.

Currently, distribution will be limited to Colorado while the Food and Drug Administration irons out regulations regarding hemp-based food and beverages. However, Koons notes that continuing the education of the consumer will help to eliminate stigma, questions and concerns surrounding the growing food and beverage category.

“One of our goals is to continue to educate the consumer that hemp is fantastic. It’s sustainable and there are even receptors in your body that allow you to be able to process it. We are going to continue to try to really bring hemp into the spotlight,” he says.

Colorado’s Best Drinks offers a full line of sparkling beverages infused with broad spectrum hemp extract. Each flavor – Black Cherry, Cola, Ginger Ale, Lemonade and Root Beer – is crafted with just five ingredients: sparkling water, organic agave nectar, natural flavors, non-GMO citric acid, and broad spectrum hemp extract. Each 12oz BPA-free can contains 100 calories and are all vegan, gluten-free, non-GMO, and free of sodium and preservatives.

Source: https://www.forbes.com/sites/emilycappiello/2019/09/24/coors-enters-cbd-market-with-new-distribution-deals/#19e7012f4bc5

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North Bud Farms $NBUD.ca – A Budding Industry: #CBD Statistics & Trends (Infographic) $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 5:09 PM on Friday, September 27th, 2019

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE
—————————–

A Budding Industry: CBD Statistics & Trends (Infographic)

  • The sales of CBD are predicted to reach about $1.8 billion by 2022
  • At the moment, there are over 850 brands of CBD products in the US market
  • With over $1 billion, Colorado is the state with the highest cannabis revenues
  • Data on CBD user demographics show 40% of Americans are interested in trying CBD.

By Bojana Petkovic

What is CBD all about and why are cannabis and hemp oil all over the internet? To help you understand this rapidly growing industry, we’re going to present you with some interesting CBD statistics and facts.

CBD or cannabidiol is one of the most important active substances in the cannabis (marijuana) plant. It can be obtained from different cannabis species, but it can also be synthetically produced. There are divided opinions on whether it works better on its own or joined with other cannabis compounds, yet one thing is for sure — its positive effects on human (and pet) health are undeniable. At the moment, only CBD derived from hemp is legal under federal law while we wait for more research on the substance to begin.

We can observe CBD as an amazing cure, but we can also watch the changes in the industry. That is one serious venture and a lot of people would like to get a piece of that $20 billion pie (this is the prognosis for US sales of CBD by 2024).

With that in mind, here is our pick of:

Top 10 CBD Facts and Statistics

  • The sales of CBD are predicted to reach about $1.8 billion by 2022.
  • At the moment, there are over 850 brands of CBD products in the US market.
  • With over $1 billion, Colorado is the state with the highest cannabis revenues.
  • Data on CBD user demographics show 40% of Americans are interested in trying CBD.
  • A cannabis worker earns more than an average American.
  • The demand for employees in the CBD oil industry rose by 76% in one year.
  • Statistics on CBD direct sales show that the majority of direct sellers are women.
  • Women are founders or general managers of over 75% of CBD brands.
  • Pure CBD is perfectly safe for usage and you cannot get addicted to it.

See what we mean? Take a look at the following infographic for more mindblowing CBD trends.

Source: https://loudcloudhealth.com/cbd-statistics-infographic/

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Bougainville Ventures $BOG.ca – #Cannabis Execs Cheer Congress’ Approval of #Pot Business Banking $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 2:53 PM on Friday, September 27th, 2019

SPONSOR:  Bougainville Ventures Inc (CSE: BOG) provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. The company also offers fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Click here for more info.

Cannabis Execs Cheer Congress’ Approval of Pot Business Banking

  • In the crush of impeachment news, few noticed a major development in the legal cannabis industry this week.
  • The Secure and Fair Enforcement (SAFE) Banking Act, which allows banks to offer financial services to cannabis companies that are operating legally within their own state, passed in the House of Representatives by a decisive margin of 322 – 103 and is moving on to the Senate.

Julie Weed Contributor

In the crush of impeachment news, few noticed a major development in the legal cannabis industry this week. The Secure and Fair Enforcement (SAFE) Banking Act, which allows banks to offer financial services to cannabis companies that are operating legally within their own state, passed in the House of Representatives by a decisive margin of 322 – 103 and is moving on to the Senate.

There is some flavor of legal cannabis market in more than 30 states, but the plant’s federal categorization as a Schedule One drug, has meant that banks would not offer services to companies growing, processing or selling marijuana. Without access to checks and credit cards, business operators have had to deal in large amounts of cash, making them targets for robbery and complicating the tax-paying procedures.

It’s important for legal marijuana businesses to access banking basics, like making deposits, transferring funds and taking out loans said Steve DeAngelo, co-founder of the cannabis dispensary chain in California, Harborside. Those financial activities, “foster economic growth and the creation of jobs that enhance the community,” he said.  

And, it’s only fair according to DeAngelo. “The cannabis industry currently pays the federal government over $5 billion in taxes each year,” he said, “and it deserves to get the benefits all other business have access to, namely safe banking.”

The law will help keep investment in the United States and aid company growth said Adrian Sedlin, chief executive of Canndescent, a cannabis company. Access to banking would mean US cannabis companies could “stop turning to the Canadian capital markets, paying usurious rates for financing, and dealing with burdensome amounts of paper currency,” said Sedlin. 

Michael Goldberg, a partner at Altitude Investment Management urges the Senate to vote in support of this measure in the coming months. ”The regulated cannabis market has consistently lacked adequate financial infrastructures and resources that are afforded to mainstream businesses due to federal regulations,” he said. 

Doug Gordon, executive vice president and head of LeafLink Financial said he looks forward to “the advancement of this legislation through the Senate to empower the growth and development of the industry.” 

The legal cannabis market has been a “job machine” and now employs 250,000 Americans according to Keegan Peterson, chief executive of Würk which creates payroll and human resources software for cannabis companies. The lack of banking access “puts the incomes of these employees at risk and causes unnecessary financial challenges for business owners.”

Source: https://www.forbes.com/sites/julieweed/2019/09/27/cannabis-executives-cheer-congress-approval-of-pot-business-banking/#707e7a9c712c

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Posted in Bougainville Ventures | Comments Off on Bougainville Ventures $BOG.ca – #Cannabis Execs Cheer Congress’ Approval of #Pot Business Banking $CROP.ca $VP.ca NF.ca $MCOA

Bougainville Ventures $BOG.ca House Passes Bill that would Allow Banks to work with Cannabis Companies $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 7:11 AM on Friday, September 27th, 2019
  • Announced that The U.S. House of Representatives voted Wednesday to advance legislation that would allow banks to provide services to cannabis companies in states where it is legal.
  • By a vote of 321-103, lawmakers approved the bill, which now heads to the Senate.
  • The bill received nearly unanimous support from Democrats, as well as nearly half of all Republicans.

Vancouver, British Columbia–(September 27, 2019) – BOUGAINVILLE VENTURES INC. (CSE: BOG) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Bougainville” or the “Company”) is pleased to announce that The U.S. House of Representatives voted Wednesday to advance legislation that would allow banks to provide services to cannabis companies in states where it is legal.

By a vote of 321-103, lawmakers approved the bill, which now heads to the Senate. The bill received nearly unanimous support from Democrats, as well as nearly half of all Republicans.

The measure now heads to the Senate, where it faces an uncertain fate. Senate Banking Chairman Mike Crapo has said he wants to consider similar legislation in the coming months, but it is not clear if the full Senate will vote on such a measure, analysts say.

Some Republicans are wary of giving banks the green light to engage in marijuana business while it is still federally illegal. And some Democrats have said they would rather consider broader legislation around marijuana legalization or criminal justice reform rather than a targeted banking bill.

The bill clarifies that proceeds from legitimate cannabis businesses would not be considered illegal, and directs federal regulators to write up rules for how they would supervise such banking activity.

Banks have thrown their weight behind the legislation, telling lawmakers they need clarity on whether they can do business with cannabis companies where it is legal at the state level despite the fact that marijuana remains illegal in the eyes of the federal government.

“Our members are committed to serving the financial needs of their communities – including those that have voted to legalize cannabis,” said the American Bankers Association in a letter sent to lawmakers Tuesday seeking their support.

Thirty-three states allow for some form of legal cannabis use, but banks have by and large been unwilling to do business with companies that sell marijuana or related enterprises, out of concern they could run afoul of federal laws.

Source: https://www.reuters.com/article/us-usa-house-cannabis/house-passes-bill-that-would-allow-banks-to-work-with-cannabis-companies-idUSKBN1WA308

Andy Jagpal, President Comments:

“I’m confident that as soon as the US Senate passes the Bill to allow banks to lend to Cannabis Companies like ours, that the financing and expansion of our US projects will become easier to complete. The industry has come too far, so banking needs to happen. This Bill also aims to protect financial firms that service the hemp industry in Kentucky, the home state of Mitch McConnell, Senate Majority Leader.”

To learn more about what this news means to the shareholders visit https://marketnewsfirst.com/bog-news

About Bougainville Ventures, Inc.
Bougainville Ventures Inc. is dedicated to rapid growth in production, processing, retail and branding of cannabis and cannabis related products. Currently the company provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. We offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Also, the Company is focused on building a strong presence in the hemp industry with the objective of extracting cannabinoids in both Canada and the United States. Along with our flagship Hemp project in Oregon State and the Greenhouse campus in Washington state, the Company has proprietary formulas for cannabis edibles, topical, and tinctures.

On behalf of the Board of Directors
BOUGAINVILLE VENTURES INC.

Andy Jagpal, President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305 [email protected]. Or toll free at 1-877-517-7816

http://bougainvilleinc.com/
https://twitter.com/bougainvilleinc

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

No regulatory authority has approved or disapproved the information contained in this news release.

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Posted in Bougainville Ventures | Comments Off on Bougainville Ventures $BOG.ca House Passes Bill that would Allow Banks to work with Cannabis Companies $CROP.ca $VP.ca NF.ca $MCOA

Bougainville Ventures $BOG.ca Signs LOI to Enter in to Funding and Asset Purchase Agreement up to 100% of ” Grounded #CBD ” Brand, Featured on Dragons Den. $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 7:09 AM on Thursday, September 26th, 2019
  • Signed a letter of intent to provide funding and to acquire up to 100% of the assets and inventory of Grind Bar Nutrition Products Ltd.
  • Grind Bar is CBD infused performance nutrition bars, made with real organic ingredients & Cannabinoid-focused natural health products under the “GROUNDED CBD” brand
  • Featured of the CBC show Dragons Den.

Vancouver, British Columbia–(September 26, 2019) – BOUGAINVILLE VENTURES INC. (CSE: BOG) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Bougainville” or the “Company”) is pleased to announce that it has signed a letter of intent (LOI) to provide funding and to acquire up to 100% of the assets and inventory of Grind Bar Nutrition Products Ltd. (Grind Bar). Grind Bar is CBD infused performance nutrition bars, made with real organic ingredients & Cannabinoid-focused natural health products under the “GROUNDED CBD” brand, which was featured of the CBC show Dragons Den.

Final evaluation will be determined by an independent third party evaluator, which is currently in progress. The Company will have the option to acquire up to 100% of Grind Bar assets and current inventory. The consideration is to be payable in such number of common shares in its share capital (“Consideration Shares”) at a per share price equal to the volume weighted average price of such shares on the Canadian Securities Exchange over a 15-day period ending on the day such Consideration Shares are required to be issued (“15 day VWAP”). The final percentage to be acquired will be determined in a Definitive Agreement entered into after completion of a 30 day due diligence period.

Grind Bar is CBD infused performance nutrition bars, made with real organic ingredients & Cannabinoid-focused natural health products under the “GROUNDED CBD” brand, which was featured of the CBC show Dragons Den. On season 9 of the hit CBC show “Dragons Den”, David Weale, of Grounded CBD from Vancouver, B.C ., was hoping to raise $150,000.00CDN form the Dragons for 20% of the business: https://www.cbc.ca/dragonsden/pitches/grounded-cbd

Andy Jagpal, President Comments:

“This LOI is another strategic move as this company enters the CBD natural health food market. Through our growth through acquisition strategy we are identifying companies that have begun the process of providing CBD products to the mass retail market, and need to partner with a company that can get them to the next milestone in their growth strategy. We look forward to working with the Grounded CBD team to bring high quality, innovative CBD infused products to market.”

To learn more about what this news means to the shareholders visit https://marketnewsfirst.com/bog-news, and you can view the Grounded CBD products on the company’s site. www.groundedcbd.com

About Bougainville Ventures, Inc.
Bougainville Ventures Inc. is dedicated to rapid growth in production, processing, retail and branding of cannabis and cannabis related products. Currently the company provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. We offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Also, the Company is focused on building a strong presence in the hemp industry with the objective of extracting cannabinoids in both Canada and the United States. Along with our flagship Hemp project in Oregon State and the Greenhouse campus in Washington state, the Company has proprietary formulas for cannabis edibles, topical, and tinctures.

On behalf of the Board of Directors
BOUGAINVILLE VENTURES INC.

Andy Jagpal, President and Director

For further information, please contact Andy Jagpal at [email protected]. Please note that our Toll free number has changed to 1-877-517-7816.

http://bougainvilleinc.com/
https://twitter.com/bougainvilleinc

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

No regulatory authority has approved or disapproved the information contained in this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/48152

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Posted in All Recent Posts, Bougainville Ventures, Featured | Comments Off on Bougainville Ventures $BOG.ca Signs LOI to Enter in to Funding and Asset Purchase Agreement up to 100% of ” Grounded #CBD ” Brand, Featured on Dragons Den. $CROP.ca $VP.ca NF.ca $MCOA

Bougainville Ventures $BOG.ca Signs Definitive Agreement to enter into Funding and Asset Purchase Agreement of 39% with Thrive Nutrition Products Ltd. $CROP.ca $VP.ca NF.ca $MCOA

Posted by AGORACOM-JC at 6:52 AM on Tuesday, September 24th, 2019
  • Further to the letter of intent with Thrive Nutrition Products Ltd. announced in the Company news release dated August 6, 2019 Company signed a definitive agreement to complete the acquisition of Thrive Nutrition
  • The total consideration will consist of common shares of Bougainville equivalent to $819,000 CDN.

Vancouver, British Columbia–(September 24, 2019) – BOUGAINVILLE VENTURES INC. (CSE: BOG) (OTC Pink: BUGVF) (FSE: 8BV) (DEU: 8BV) (MUN: 8BV) (STU: 8BV) (“Bougainville” or the “Company”) is pleased to announce that further to the letter of intent (“LOI”) with Thrive Nutrition Products Ltd. (“Thrive Nutrition”) announced in the Company news release dated August 6, 2019 the Company signed a definitive agreement to complete the acquisition of Thrive Nutrition (“the Thrive Nutrition Transaction”). Thrive Wellness is a preeminent distributor of hemp & cannabinoid-focused natural health products under the “THRIVE WELLNESS” brand.

TERMS OF THE TRANSACTION

The total consideration will consist of common shares of Bougainville equivalent to $819,000 CDN. Subject to completion of the Thrive Wellness Transaction the board of directors of Bougainville will approve the Company to deliver the common shares of Bougainville to Thrive Nutrition, which will satisfy Bougainville’s obligation under the Thrive Nutrition Transaction. The consideration is to be payable in such number of common shares equivalent to $819,000 CDN in its share capital (“Consideration Shares”) at a per share price equal to the volume weighted average price of such shares on the Canadian Securities Exchange over a 15-day period ending on the day such Consideration Shares are required to be issued (“15 day VWAP”). The final evaluation was determined by an independent third party evaluator, which valued the business at $2,100 000 CDN. The Company will acquire 39% of Thrive Wellness assets and current inventory.

About Thrive Nutrition Products Ltd.

Thrive Wellness is a distributor of premium hemp and natural health products with operations currently in Canada and the USA. Thrive specializes in the development, marketing and distribution of cannabinoid products refined into their own natural health product brand. The company was founded in Vancouver, British Columbia and is the first of its kind with national retail distribution in Canada. Thrive has achieved $2,500,000 CDN in sales through retail distribution, its’ e-commerce website and their relationship with Nutrition House, Canada’s leading Natural Health Product franchise. Founded in 1979 the company began franchising in 1993 and now operates over 45 retail stores, located in high profile shopping centers across Canada, and in the USA. www.nutritionhouse.com

CEO, Andy Dhaliwal Comments:

“I am very excited to be joining the Bougainville team and happy to see the merger of our to companies happening at a time when the CBD market is set to explode. My objective is to have our two companies grow across multiple platforms in the CBD market, from oils, topical and drinks to fibers and eventually processing the many products derived from the Hemp plant.”

To learn more about what this news means to the shareholders visit https://marketnewsfirst.com/bog-news, as well as on the company’s site.

About the CBD Market

Bank of America projects a spend of $1.3 Billion on CBD in Canada by 2022, while $1.9 Billion is being spent in the USA currently, and another $4.4 Billion in Europe this year. Demand for CBD and Hemp is increasing year over year, with Merrill Lynch predicting an $11.5 Billion American market by 2032.

About Bougainville Ventures, Inc.

Bougainville Ventures Inc. is dedicated to rapid growth in production, processing, retail and branding of cannabis and cannabis related products. Currently the company provides strategic capital to the thriving cannabis cultivation sector through ownership and development of commercial real estate properties. We offer fully built out turnkey facilities equipped with state-of-the-art growing infrastructure to cannabis growers and processors. Also, the Company is focused on building a strong presence in the hemp industry with the objective of extracting cannabinoids in both Canada and the United States. Along with our flagship Hemp project in Oregon State and the Greenhouse campus in Washington state, the Company has proprietary formulas for cannabis edibles, topical, and tinctures.

On behalf of the Board of Directors
BOUGAINVILLE VENTURES INC.

Andy Jagpal, President and Director

For further information, please contact Zoltan, IR Representative at: 604-722-0305 [email protected]. Or toll free at 1-877-517-7816

http://bougainvilleinc.com/
https://twitter.com/bougainvilleinc

www.thriveCBD.org

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements are based on the expectations and opinions of the Company’s management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

No regulatory authority has approved or disapproved the information contained in this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/47953

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Posted in Bougainville Ventures | Comments Off on Bougainville Ventures $BOG.ca Signs Definitive Agreement to enter into Funding and Asset Purchase Agreement of 39% with Thrive Nutrition Products Ltd. $CROP.ca $VP.ca NF.ca $MCOA

North Bud Farms $NBUD.ca – Global #Cannabis Infused Drinks Market Anticipated to Accelerate At 438% CAGR at the end of 2029 $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

Posted by AGORACOM-JC at 11:31 AM on Monday, September 23rd, 2019

SPONSOR: NORTHBUD (NBUD:CSE) Sustainable low cost, high quality cannabinoid production and procurement focusing on both bio-pharmaceutical development and Cannabinoid Infused Products. Learn More.

NBUD: CSE

Global Cannabis Infused Drinks Market Anticipated to Accelerate At 438% CAGR at the end of 2029

  • Global sales of cannabis infused drinks will surpass US$ 200 Mn in 2019, propelled by growing efficiencies in the delivery methods of drinkables, along with increasing discretion and social acceptance of the consumption method, in contrast to smoking cannabis.
  • Cannabis infused beer continues to account for leading shares of the market, approximately 80%, which can be attributed to the strong perception of leading beer brewers that intersection between cannabis-infused functional beverages and beer makes a good business sense.

Global sales of cannabis infused drinks will surpass US$ 200 Mn in 2019, propelled by growing efficiencies in the delivery methods of drinkables, along with increasing discretion and social acceptance of the consumption method, in contrast to smoking cannabis. Broader legalization of marijuana has led big alcohol producers to pivot to pot in the recent past. Cannabis infused beer continues to account for leading shares of the market, approximately 80%, which can be attributed to the strong perception of leading beer brewers that intersection between cannabis-infused functional beverages and beer makes a good business sense. The US will remain the leading market for cannabis infused drinks, as leading manufacturers focus on creating safer ways of ingesting cannabis for consumers, while the start-ups continue to scramble for capitalizing on demand through new range of cannabis-infused beverages. Canada is expected to be the high-growth market for cannabis infused drinks, with gains primarily driven by the recent federal legalization of marijuana.

What are the Key Growth Drivers of Cannabis Infused Drinks Market?

  • Manufacturers of cannabis infused drinks are putting more efforts for creating proper emulsification of THC, in a bid to achieve proper suspension within liquids and quicker uptake time – under 30 minutes. This falls in line with the consumer demand for faster feedback on their dosage, which in turn will favor sales of cannabis infused drinks. Leading beverage companies have taken notice of the ravenous appetite of consumers that exists inside the cannabis culture, thereby transitioning into cannabis infused drinks industry.
  • As recreational marijuana legalization continues to become a reality across more U.S. states, individuals have started showing more interest in cannabis-infused drinks. Established beverage companies as well as entrepreneurs are taking a close peek into formulas and methods for infusing CBD or THC or both into beverages.
  • Cannabis infused non-alcoholic beer is an emerging trend which is expected to gain significant traction, as companies focus on appealing the health-conscious pool of consumers. For instance, Grain wave is a THC-infused non-alcoholic beer that hit the dispensary shelves in December 2018.
  • The novelty of being able to drink THC-infused beverages has gained marked preference in the current adult-use recreational marijuana industry, especially for beverages that mimic beer or wine. While this trend gains pace, manufacturers are exploring the in-demand flavors to reinforce their product sales.

Cannabis Infused Drinks Market- Competitive Landscape

The competitive landscape of the cannabis infused drinks market continues to face the turmoil of regulations on the sales and consumption of cannabis. Cannabis infused drinks market in Canada is expected to grow at an impressive pace, in line with the existing favorable federal regulations that back the sales of cannabis in the region. Alcohol industry giants are buying into the ‘potent potable pot’ concept, however key issues prevail, such as the maze of laws that deal with beer and pot. Following the legalization of marijuana in Canada, beverage companies have increased the production of cannabis infused drinks in different flavors to tap growing demand from enthusiasts.

Source: https://webchronicletoday.com/2019/09/23/global-cannabis-infused-drinks-market-anticipated-to-accelerate-at-438-cagr-at-the-end-of-2029/

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Posted in All Recent Posts, North Bud Farms Inc | Comments Off on North Bud Farms $NBUD.ca – Global #Cannabis Infused Drinks Market Anticipated to Accelerate At 438% CAGR at the end of 2029 $CGC $ACB $APH $CRON.ca $HEXO.ca $TRST.ca $OGI.ca

INTERVIEW: Empower Clinics $CBDT.ca JV Could Generate $US 30,000,000 In Annual Revenue From #CBD Extraction … But It Doesn’t End There $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

Posted by AGORACOM-JC at 8:35 AM on Friday, September 20th, 2019

At 165,000 patients, Empower Clinics (CBDT:CSE) (EPWCF:OTCQB) has a database that almost every medical cannabis and CBD company would kill for.  Add in the fact it is now on a ~ $USD 4,000,000 annualized revenue run rate for 2019 and it becomes the kind of company small cap investors have been dying to find as they watch pretender companies melt away.

But it doesn’t end there.  

CBD extraction has been a key element of the company’s vertical integration. Producing its’ own CBD products for its own patients just makes sense.  Up until a couple of days ago, it was a sound strategy that needed to be executed.  As of yesterday, execution arrived thanks to a JV with extraction experts Heritage Cannabis that will light up the Company’s 5,000 sq ft facility in Oregon.  Empower brings the infrastructure, Heritage brings the expertise and balance sheet.  The result is a match made in shareholder heaven with initial annual capacity of 6,000 Kg at ~ $US 5,000 per Kg, which adds up to $US 30,000,000 in potential revenue.

We emphasize potential  because nobody has started selling anything yet and the facility isn’t expected to begin producing for another 3-4 months.  However, with a built in patient database and talks already having commenced for white label products, Empower is on its way.  Moreover, “potential” cuts both ways, with capacity capable of increasing 2x – 3x without much trouble given the size of the facility.  

Can Empower successfully execute its extraction plan?  It’s a legitimate question, with a blow away answer..

The Company’s new CEO, Steven McAuley, who replaced the previous management team in January, is Six Sigma certified under the quality initiative of legendary GE chairman Jack Welch. We’ve never seen a Six Sigma certified CEO in the Canadian small cap markets. Never.

Grab your favourite beverage and settle in to watch what may be your next great small cap investment.

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Posted in AGORACOM Via Satellite, Empower Clinics Inc., Featured | Comments Off on INTERVIEW: Empower Clinics $CBDT.ca JV Could Generate $US 30,000,000 In Annual Revenue From #CBD Extraction … But It Doesn’t End There $WEED.ca $CGC $ACB $APH $CRON.ca $HEXO.ca $OGI.ca

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