Nass Valley Gateway (CSE:NVG) CBD Play; HEXO Corp (HEXO) Strategic Move; Bombardier (BBD.B), MedMen (CSE:MMEN), Aleafia (ALEF) Key Date Approaching
As applications for cannabidiol (CBD) are brought to market across diverse industries such as cosmetics, health products, food and beverage, pet products, skin care, and pharmaceuticals, cannabis researchers BDS Analytics and Arcview Market Research project that the collective market for CBD sales in the U.S. will surpass $20B by 2024.
Nass Valley Gateway Ltd. (CSE: NVG) (FSE: 3NVN) operates as a healthcare company. NVG is aggressively developing the marketing, production and vertical integration of CBD products without Tetrahydrocannabinol (THC) content for internal use including CBD infused skin, bath, and body care products of its wholly owned subsidiary Advanced Bioceuticals Limited.
More about Nass Valley Gateway (CSE: NVG) (FSE: 3NVN) at nassvalleygateway.com
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HEXO Corp (TSX:HEXO) (NYSE:HEXO) said Thursday that it is rightsizing its operations to adjust to a changing market and regulatory environment with a view towards profitability and long-term stability.
HEXO produces, markets, and sells cannabis in Canada.
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Bombardier (TSX: BBD.B) expects to report its financial results for the third quarter of 2019 before the opening bell on Thursday, October 31.
Bombardier is a global leader in the transportation industry, creating innovative and game-changing planes and trains.
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MedMen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) plans to release its financial results for the fourth quarter and fiscal year 2019 after market close on Monday, October 28.
MedMen cultivates, produces, and distributes, and retails recreational and medicinal cannabis.
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Aleafia Health Inc. (TSX: ALEF) (OTC: ALEAF) will announce its 2019 Third Quarter Financial Results on November 12, 2019 prior to market open.
Aleafia Health is a leading, vertically integrated cannabis health and wellness company with four primary business units: Cannabis Cultivation & Products, Health & Wellness Clinics, Cannabis Education, and Consumer Experience with ecommerce, retail distribution and provincial supply agreements.
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Sundial Growers Inc. (Nasdaq: SNDL) said Thursday that it has received a licence from Health Canada to sell cannabis oil products. According to the company, Sundial oil products will be packaged and shipped from its Rocky View, AB facility, and will be available to consumers in early 2020.
Sundial Growers engages in the production, distribution, and sale of cannabis for medical and adult recreational access in Canada.
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