Move over cannabis: biotech bounces back for a bullish 2019

Cannabis went crazy in 2018. Billion-dollar acquisitions by international food and beverage giants like Constellation Brands (STZ.NYSE) as well as Canada and California’s legalization of recreational marijuana drove retail investors frothing with FOMO to create one of the biggest market bubbles since the dot com bust. ‘Grow it and they will […]

Heritage Cannabis Holdings (CANN.C) subsidiary ramps up intake capacity with leading-edge tech

Heritage Cannabis Holdings (CANN.C) subsidiary, Purefarma Solutions, added industrial-scale intake capacity to its hemp oil extraction operations. Yesterday, Heritage sent the first of its state-of-the-art P1200 biomass isolation and compression units to Purefarma’s Saskatchewan-based hemp farming cooperative partnership. Purefarma’s hemp cultivation joint venture gives Heritage access to 1,600 acres of hemp […]

Heritage Cannabis Holdings (CANN.C) subsidiary secures standard processing and medical sales licenses

Heritage Cannabis Holdings’ (CANN.C) subsidiary, PhyeinMed, received the necessary licenses from Health Canada to commence extraction. With both standard processing and medical sales licenses now in hand, PhyeinMed will immediately initiate the process of receiving over 50,000 kg of hemp feed stock. The incoming stock will be processed by two […]

Jericho Oil (JCO.V) pumps up 2018 total STACK production by 33% while cutting operating costs by 30%

Jericho Oil’s (JCO.V) preliminary partnership production rates in the STACK play hit an all-time yearly high in 2018. Jericho’s record annual partnership production totaled approximately 297,000 barrels of oil equivalent (BOE), up from 222,000 BOE in 2017. The upstream oil and gas company also lowered operating costs considerably, bringing production […]