Thursday, September 12, 2019 9:43:12 AM
1/8 - acquisition of Pure Health
1/24 - announcement of Duramed subsidiary
1/31 - details on Duramed venture
2/21, 3/12 & 5/6 - updates on Duramed venture
2/27 - Purchase of Seven Chakras technology and proprietary data
6/12 - announcement of LOI for Hemp Depot, Cultivation and Processing with Mile High Labs and SHI Farms
7/22 - confirmation LOI for Hemp Depot was executed
8/5 - announcement of vending machines
3/12 & 9/5 - announced agreement with Marathon Rx and first order.
So, in summary that accomplished the following:
- Added an extremely lucrative Hemp cultivation and processing subsidiary (potential for many millions in revenue)
- Added an extremely lucrative durable medical goods subsidiary with SAM/TENS proprietary units containing CBD (generated $600k in revenue in the first few months of launch, expected to generate millions in revenue)
- Acquired Pure Leaf and Seven Chakras Product Lines and technology. This adds to the quarterly growth, which has seen revenues of $163k, $281k, $517k and now up to $633k for the last reported quarter.
- Product purchases by Marathon Rx, which is nice to see
- The vending machines, which could be interesting but it pales importance to the progress and success of the Hemp Depot and Duramed.
So, there have been approximately 170 trading days, and they have made 12 PR's related to five business and ventures. That amounts to about one announcement every three weeks.
Does that constitute "many PRs saying they are going in many different directions"? They have positioned themselves to be seed to sale. Sounds like a single direction to me, just plucking out the middle man.
FYI - The entire sector has been in free fall. CVSI is down 50% since March. Charlotte's Web has fared better, but they are stil down 33% since their high point in April. Canopy Growth and Tilray hit their 52 week lows, and are just starting to recover. The Cannabis ETF (THCX) also bottomed out at the end of August.
Recent CANB News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/19/2024 08:17:32 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2024 06:32:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/18/2024 08:58:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2024 05:29:17 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/20/2024 09:08:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/06/2024 08:54:44 PM
- Can B Corp. Secures Ownership and Control of Two Cannabis Patents Valued at $122 Million and Potentially in Excess of $750 Million • InvestorsHub NewsWire • 03/11/2024 12:34:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/06/2024 10:15:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 10:02:41 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 09:38:08 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 04:52:26 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/08/2024 06:08:58 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/16/2024 12:52:36 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/26/2023 03:36:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/05/2023 10:15:27 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:18:08 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/13/2023 02:44:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/03/2023 06:24:08 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/10/2023 08:57:21 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM