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This Week on the CSE – September 16 – 20, 2019

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This Week on the CSE – September 16 – 20, 2019

 

 

 

 

 

By Amanda Graff

 

The Opening

 

On this day in Canadian history (September 16th, 1987), an international convention met in Montreal and negotiators from 23 of the world’s major industrial nations signed a treaty to slow down global chlorofluorocarbon (CFCs) production in order to restore atmospheric ozone. One of its most important architects was Egyptian scientist Mostafa Tolba (1922-2016). The Montreal Protocol, a treaty designed to save the Earth’s ozone layer by calling on nations to reduce emissions of harmful chemicals by the year 2000, was amended in 1990 and 1992. In 1991 a fund was established to help developing countries meet their obligations. By 2016, 197 nations had signed the Montreal Protocol.

 The Montreal protocol was signed September 16th, 1987 to reduce use of chemicals identified as harmful to the ozone layer.

 

New Listings

 

The CSE welcomes the following new listings this week:

 

Voyager Digital (Canada) Ltd. (VYGR)

Yukoterre Resources Inc. (YT)

Wikileaf Technologies Inc. (WIKI)

 

 

September 16

 

Blue Lagoon Resources Inc. (CSE: BLLG) (FSE:7BL) (OTC: BLAGF) announces a proposed non-brokered private placement of up to 1,000,000 common shares of the Company at a price of $1.00 per share for gross proceeds of up to $1,000,000. Rana Vig, President and CEO of the Company, will subscribe for $300,000 of the Offering. >>Learn more

 

Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) is pleased to announce a distribution relationship in California with PurBlend Science, Inc makers of the VOOZTM vapor delivery system, through its wholly owned subsidiary, Calyx Brands. >>Learn more

 

Leviathan Cannabis Group Inc. (CSE: EPIC) announces a strategic expansion in the Republic of Colombia, South America. Leviathan has established LCG Holdings Inc., a business venture to cultivate hemp and manufacture cannabidiol isolate and other extracted products in this rich agricultural region. Leviathan has a 65% ownership interest in LCG. >> Learn more

 

Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced a significant expansion of its presence in Nevada and Arizona through the signing of a purchase agreement to acquire certain assets from Tryke Companies, a vertically integrated seed-to-sale cannabis company, including six prime Reef Dispensary locations in Nevada and Arizona, expanded licensed cultivation and process capacity in Las Vegas and Phoenix and entry into the Utah market. >>Learn more

 

Alliance Growers Corp. (CSE: ACG; FWB:1LA; OTCQB: ALGWF), reports that it has executed a definitive exclusive agency agreement with Irish Sea Organics. >> Learn more

 

Codebase Ventures Inc. (CSE: CODE – FSE: C5B – OTCQB: BKLLF), an investment company, today announces that its subsidiary, Code Cannabis Investments, has made a strategic investment in World High Life PLC (London NEX: LIFE), an investment company focused on CBD wellness and medicinal cannabis in the UK and Europe. >>Learn more

 

September 17

 

Pike Mountain Minerals Inc. is pleased to announce that it successfully completed its initial public offering of 4,390,000 common shares of the Company at a price of $0.10 per IPO Share for gross proceeds of $439,000. After giving effect to the Offering, the Company now has 8,576,000 common shares issued and outstanding. >> Learn more

 

Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) is pleased to announce a California distribution partnership with Prime Care Inc. to distribute Nuvata cannabis vaporizers, through its wholly owned subsidiary, Calyx Brands.  >> Learn more

 

OG DNA Genetics Inc., a globally recognized leading cannabis brand, and Generic Gold Corp. (CSE: GGC) (FSE: 1WD) are pleased to announce that they have entered into a definitive agreement to complete their previously announced business combination. >> Learn more

 

BCP Inc.(BCP), Sire Bioscience Inc. (CSE:SIRE) (OTC:BLLXF) (FSE:BR1B) is moving full-speed ahead with an exciting House of Brands product portfolio. Under this model, Sire will develop a number of innovative CBD-infused products to appeal to different audiences and drive faster revenue. >> Learn more

 

NexTech AR Solutions (OTCQB: NEXCF)(CSE: NTAR)(FSE: N29) is pleased to announce that it has landed a deal with Challenger Motor Freight Inc. one of the most technologically advanced logistics companies and one of the largest privately owned truckload carriers in Canada with over 1,500 trucks and 3,300 trailers. >> Learn more

 

Peloton Minerals Corporation (CSE Symbol: PMC) (OTCQB Symbol: PMCFF) is pleased to announce that all four of Peloton’s gold exploration projects will be active this fall with drilling programs being conducted on three projects and surface field work on a fourth project in preparation for an NI 43-101 technical report on that project to be issued later this year. In addition, the Company has received subscriptions of CDN$523,302.50 toward a second tranche of private placement financing >> Learn more

 

September 18

 

Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) is pleased to announce an exclusive distribution relationship in California with Extract Solutions, Inc., through its wholly owned subsidiary, Calyx Brands. >> Learn more

 

Spearmint Resources Inc. (CSE: SPMT) (OTC Pink: SPMTF) (FSE: A2AHL5) is pleased to announce the start of a work program on the Company’s “Safari” copper-gold prospect consisting of a district size claims package of 9,007 contiguous acres located in the northern Quesnel Trough in north-central British Columbia. The Quesnel Trough hosts numerous porphyry copper-gold deposits and are accessible by road from the city of Fort St. James, British Columbia. 

 

AgraFlora Organics International Inc. (CSE: AGRA) (Frankfurt: PU31) (OTCPK: PUFXF), a growth oriented and diversified international cannabis company, is pleased to announce the Company’s wholly owned subsidiary, Canutra Naturals Ltd., has been awarded a cannabis research licence by Health Canada under the Cannabis Regulations Act. The Research License permits Canutra to pursue the development of proprietary cannabis genetics and phenotypes at its flagship 76-acre campus in Kent County, New Brunswick. >> Learn more

 

Red Lake Gold Inc. (CSE: RGLD) (FWB:P11) is pleased to report that it has commenced inaugural exploration of its Whirlwind Jack Gold Project situated near Red Lake, Ontario. The Corporation’s Whirlwind Jack Gold Project is adjacent to and geologically along strike of the Dixie Gold Project being advanced by neighbouring exploration company Great Bear Resources Ltd. >> Learn more

 

Earth Alive Clean Technologies Inc. (CSE: EAC), a Canadian soil health company that develops and manufactures state-of-the-art microbial technology-based products for sustainable agriculture and infrastructure maintenance, has filed a second amended and restated preliminary short form prospectus, which amends and restates the amended and restated preliminary short form prospectus filed by the Corporation on June 27, 2019, amending and restating the preliminary short form prospectus filed on June 17, 2019.

 

September 19

 

Ignite International Brands, Ltd. (CSE: BILZ) (OTCQX: BILZF) has qualified to trade on the OTCQX® Best Market via OTC Markets. OTC Markets Group is the operator of financial markets for 10,000 U.S. and global securities. Ignite upgraded to OTCQX from the Pink® market. >> Learn more

 

Integrated Cannabis Company, Inc. (CSE: ICAN) (OTCQB: ICNAF), a multi-state brand operator in California and Nevada, is pleased to announce that its wholly-owned subsidiary, Ganja Gold, is the top infused pre-roll brand in California, through July 2019, with roughly USD$3,300,000 in sales to date for fiscal year 2019. >> Learn more

 

Pasha Brands Ltd. (CSE: CRFT) (OTC:CRFTF) (FSE:ZZD), North America’s largest craft cannabis brand house, is delighted to announce that its wholly owned subsidiary, BC Craft Supply Co. Ltd, has signed over 100 micro-cultivator applicants across Canada to date. >>Learn more

 

LottoGopher Holdings Inc. (CSE: LOTO) (OTCQB: LTTGF) (Frankfurt: 2LG) is pleased to announce that pursuant to its April 29th Shareholders Meeting wherein all motions put forth, including the resolution approving the acquisition of Bravio Technologies Inc., were approved. >>Learn more

 

Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) is pleased to announce an expansion of its operations with a new manufacturing facility in close proximity to the Toronto Herbal Remedies Inc. production facility in Scarborough, Ontario. The additional property allows the Company to continue to centralize operations in the Greater Toronto Area, as well as providing manufacturing capabilities for it’s proprietary reagents, a key input for the APP Technology cannabinoid recovery process. >>Learn more

 

TransCanna Holdings Inc. (CSE: TCAN, XETR: TH8) is pleased to announce that it has closed its previously announced acquisition of all of the outstanding equity interest in Tres Ojos Naturals LLC, doing business as SolDaze, a limited liability company based in Santa Cruz, California.

 

September 20

 

CannaRoyalty Corp. d/b/a Origin House (CSE: OH) (OTCQX: ORHOF), a North American cannabis products and brands company, announced that it has received a further C$15 million advance of debt financing from Opaskwayak Cree Nation. >> Learn more

 

Inner Spirit Holdings Ltd. (CSE:ISH), a Canadian company establishing a national network of retail cannabis stores under its Spiritleaf brand, today announced the opening of its newest franchise store in Drayton Valley, Alberta which represents the Company’s 30th operating location. The Drayton Valley store is located at 5105 50 Street. Please visit www.spiritleaf.ca for operating hours and additional information. >> Learn more

 

Wayland Group (CSE:WAYL) and Cryptologic Corp. (CSE: CRY) are pleased to announce that Maricann Inc., a subsidiary of Wayland, and Cryptologic have entered into an amended and restated loan agreement, effective as of September 17, 2019, that provides for additional bridge loans from Cryptologic to Maricann. >> Learn more

 

VSBLTY Groupe Technologies Corp. (CSE:VSBY) is pleased to announce that it has closed the second tranche of its private placement of $1,000 principal amount 10% convertible unsecured debentures for gross proceeds $1,857,120, of which $1,691,000 were raised from the brokered portion of the Offering and $166,120 gross proceeds were raised from the non-brokered portion of the Offering. Echelon Wealth Partners Inc. acted as lead agent and sole bookrunner for the Brokered Offering. >> Learn more

 

The Overall

 

 

The CSE started on a high note at 550.72 and remained steady before dropping sharply on Friday to 531.75 and climbing again slightly to 534.03.

 

The Closing

 

Gross Domestic Product of Canada grew 0.1% in the first quarter of 2019 compared to the previous quarter. The year-on-year change in GDP was 1.3%, 3 -tenths of one percent less than the 1.6% recorded in the fourth quarter of 2018. The GDP figure in the first quarter of 2019 was $327,967 million, leaving Canada placed 9th in the ranking of quarterly GDP.

 

Posted September 23, 2019

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