Press Releases

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KALY – Kali-Extracts Spinoff Assets Generate Approximately $1 Million in Annual Sales

DALLAS, Jan. 23, 2020 /PRNewswire/ — Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today highlighted that the assets targeted for spinoff in the company’s plan to consolidate its business structure and focus on its Cannabis Biopharmaceutical Technology generated approximately $1 million in annual sales last year. The spinoff assets include the company’s agricultural CBD extraction business and the company’s CBD infused confections business. KALY recently announced plans to consolidate its business structure and focus on its Cannabis Biopharmaceutical Technology spinning off its non-pharmaceutical business assets. KALY has a U.S. Patented Cannabis Extraction Process and is developing treatments for various medical conditions. The technology has been valued at $50 million in conjunction with a recent acquisition offer that KALY management passed on. KALY has entered into discussions with Puration, Inc. (USOTC: PURA) (“PURA”) regarding PURA’s possible acquisition of KALY’s CBD confection assets. The company has also entered into discussions with a yet undisclosed third-party about the possible sale of KALY’s agricultural CBD extraction business.

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PharmaCielo Added to XCAN – the Newly Created S&P/TSX Cannabis Index

TORONTO, Jan. 22, 2020 /CNW/ – PharmaCielo Ltd. (“PharmaCielo” or the “Company”) (TSXV: PCLO, OTCQX: PCLOF), the Canadian parent of Colombia’s premier cultivator and producer of medicinal-grade cannabis extracts, PharmaCielo Colombia Holdings S.A.S., is pleased to announce that it has been included in the newly created S&P/TSX Cannabis Index (XCAN). The XCAN is composed of a select group of issuers traded on the TSX and TSX Venture Exchanges, each of which has been vetted by the TSX Market Intelligence Group.

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Protis Global Focuses On Increasing The Appointment Of Women Board Members

SAN FRANCISCO, Jan. 21, 2020 /PRNewswire/ — Protis Global announced today that, the people solutions firm will be expanding its board placement practice to include a vertical focused on the placement of women board members, for new and existing clients. Samantha Ford, senior vice president of business development – cannabis, will champion this effort while continuing to centralize her efforts around the cannabis industry.