Kali-Extracts, Inc. announced an anticipated substantial increase in sales in Q4 2019 coming from its first hemp harvest now underway. The company announced on Monday this week has initiated its first hemp harvest. KALY has entered into a consignment contract to ultimately extract CBD from a hemp crop managed by a licensed hemp grower in the State of New York and in turn sell the CBD extract under KALY's own brand. The contract is anticipated to generate as much as $5 million in revenue for KALY. Management anticipates realizing the first revenue from the consignment contract in the fourth quarter of this year.
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Future State Brands (FSB), announced the launch of a consumer goods and marketing holding company led by PRØHBTD CEO and Founder Drake Sutton-Shearer. Future
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Grow Solutions Holdings, Inc. announces it has entered into negotiations with the Buchinski Group in Northern Alberta for a Joint Venture to build and supply
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Nextleaf Solutions Ltd. announced it has entered into an agreement to acquire intellectual property pertaining to water-soluble cannabinoid formulations.