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Phoenix Life Sciences International (OTC: PLSI)

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In the healthcare sector, Phoenix Life Sciences International Limited operates as a Biotech and Pharma company. It engages in research on organically produced plants such as cannabis and manufactures and distributes adaptive healthcare solutions. Its natural healthcare solutions are targeted at a wide array of conditions including diabetes, pain, cancers, and gastrointestinal problems. For the next five years, the company aims to expand its services to at least 2.5 million patients around the world.

The shares of the company are available for trading over the counter (OTC) under the ticker symbol “PLSI.” It has its headquarters in Denver, Colorado.

Industry Overview
The healthcare sector has been traditionally stable. Companies in the biotech and pharmaceutical industry especially have experienced tremendous advances in recent years. The fast-growing cannabis industry has contributed in many ways to the growth of pharmaceutical and biotech firms. Many of them are investing millions in the medical cannabis market to develop cannabinoid products.

The prospect in the cannabis market is great and should be explored. And Phoenix Life Sciences International Limited is doing that.
P
LSI: A Successful Product of Strategic Partnerships
The most recent of Phoenix Life Sciences International Limited’s (PLSI) deals came through on June 4, 2019. The company announced it had signed an exclusive 25-year Diabetes Management Program deal with the Ministry of Health of the Republic of Vanuatu.

As part of the deal, it would also be granted a global medical cannabis export license. Vanuatu is estimated to have over 50,000 Type 2 diabetics and an expected 50,000 high-risk pre-diabetics. This deal is in furtherance of the company’s strategy of international market expansion.

Financials Indicate Long-Term Growth
For the nine months ended November 30, 2018, Phoenix Life Sciences International Limited did not report its revenues. However, it recorded a net loss of $3.3 million mainly due to an increase in operations expenses. Basic Earnings per Share (EPS) also decreased during the same period.

Following the 2018 merger and consolidation, to realise its plans to uplist to the OTCQB market, the company recently filed its 2017 and 2018 quarterly reports, and will also be subsequently making filings to stay current with its reporting requirements with the SEC. Uplisting will enable the company to access more funds for the execution of its next developmental stages.
Conclusion

The fundamentals of Phoenix Life Sciences International Limited are not presently attractive. The company is being burdened with rising operations expenses. This is expected as the company just passed through a major restructuring process and is focused on expanding to international markets.
The international expansion efforts should result in increased revenues. The uplisting would also create more access to funds. Both would contribute to long-term growth.

Moreover, at the current market price of $10.24, the company (OTC: PLSI) is trading far away from its 52-week high of $48.25, meaning a lot of upside potential. Hence, for the long-term investor, this might be a good time to buy.

Business

First Foods Group Inc (OTCMKTS:FIFG) Unveils Its “Southeast Edibles” New Product Line

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First Foods Group Inc (OTCMKTS:FIFG) today disclosed details about the unveiling of its latest product called “Southeast Edibles.” This is a hemp-based premium chocolate product line and one of the company’s innovations. The business guru wants to make the product available for all the interested consumers.

First Foods and it’s business focus

First, Foods happens to be one of those companies that have been looking forward to the legalization of hemp-based products. The company has a production facility in Florida where it has been working on its chocolate edibles recipes. It has been engaging in this activity from March this year.

First Foods Group hopes that with time, it will rise to take over the market leadership. An official says that they won’t stop until they have the entire nationwide chocolate edibles market to themselves.

The business started strategizing on its success since July 1, 2019. This was the time when the governor of Florida went ahead to legalize hemp-based products. First Foods reacted promptly by unveiling its Southeast Edibles brand on August 9, 2019.

The deal with CBD Unlimited

The Company also engaged CBD Unlimited, and the two signed a letter of intent. CBD Unlimited happens to be researchers and also a top distributor of a wide array of CBD products. These products, according to it have been designed scientifically and the tests show that they should be administered in accurate dosages.

The CEO who is also the Chairman of the company Todd Davis opines, “First Food Group is a creative and emerging brand that will help drive our consumable product category as the growth of the CBD marketplace is accelerating rapidly.”

The company has been seeking to collaborate with a successful management team. The latest collaboration is a major step forward. They intend to continue supporting initiatives for targeting serving customers with great products.

The CEO & Chairman of First Foods Group Harold L. Kestenbaum believes it is crucial to vet the right partners. According to him, appropriate and befitting partners define the success levels they reach. He adds that they will also continue focusing on their marketing strategy and make enhancements.

CBD has a loyal customer base, an Unlimited’s scientific approach, and vast market access. These attributes make it an ideal partner for the company.

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General Cannabis Corp (OTCMKTS:CANN) Plans To Acquire A Denver Vertically Integrated Cultivator And Retailer

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General Cannabis Corp (OTCMKTS:CANN) is pleased to announce that it will soon make its latest acquisition. However, it first needs to make its entry into a non-binding term sheet. The target is to acquire a huge deal of assets belonging to one Colorado-based licensed recreational cannabis cultivator.

About the business deal

This Colorado business has been running some two indoor cultivation facilities. Asides from that, it has also been operating a retail cannabis dispensary which is situated in central Denver. This dispensary has risen to become one of the most trusted and successful dispensaries in Denver. Nevertheless, it prides itself in being the holder of a library of world-class cannabis genetics.

The Company has already signed the Colorado House Bill 1090 (“HB-1090”). Probably, this is the reason behind the latest activities the company has been undertaking. This law gives a leeway for the interested companies to acquire licensed cannabis companies in Colorado. The approval by the law might witness more companies follow suit in making these acquisitions.

Currently, the parties in charge are working on the various regulations in line with the implementation of the law. When finalized, the business giant reveals that it won’t hesitate in entering the binding transaction for the Business.

Focus into the future

General Cannabis has revealed its plan to purchase the Company’s common stock. These will include the company’s tangible and intangible assets. The business guru expects to pay 40% in terms of shares and sixty percent in form of cash. Focus will at some point shift to the number of common shares issued at closing. In this case, the determination will take into account the 30-day volume weighted average price.

The General Cannabis Chief Executive Officer and Executive Chairman Michael Feinsod expressed his excitement in the latest developments. He said that the acquisition of the third licensed Colorado cannabis operator was a major step forward for them. The official looks forward to the company expanding its business to central Denver. According to him, the planned move will show their dedication to an expansion strategy.

General Cannabis is set to also expand its customer base by a significant margin if all moves according to plan.

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Leafbuyer Technologies Inc (OTCMKTS:LBUY) To Create A Mobile App With Blockchain Capabilities

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Leafbuyer Technologies Inc (OTCMKTS:LBUY) today spoke at length regarding the development of a new mobile application. The company spent several months in the creation of the all-encompassing application. One top official working with the business says that they will soon give a Press release regarding the latest move.

The application

The uniqueness of the application lies in how it manages to merge the various aspects of functionality. These include Leafbuyer’s search technology and the current deals. The business guru has also designed some blockchain wallet capabilities. The purpose is to ensure that the company’s loyal customers get the most from the move.

The CEO of Leafbuyer Kurt Rossner opines, “Leafbuyer provides multiple technology solutions to help businesses in the cannabis industry to attract and retain consumers. The integration of blockchain technology within the mobile application will boost transparency and provide accessible information regarding transactions and loyalty points.”

Leafbuyer says that the hosting of its wide range of products on multiple platforms will see it generate high profits. The tablets at participating dispensaries, the Leafbuyer app, and the Greenlight app are all remarkable platforms according to analysts.

This new application is all about centralizing the experience of the various consumers. Soon, the application will be distributed via the iOS App Store and the progressive web application (PWA).

Views about the future

The COO of Leafbuyer, Mark Breen, has spoken in relation to the much-awaited rollout. The official says that they look forward to seeing their consumers interact much more easily with clients. According to him, the ongoing efforts on the connection develop a good reputation for the company. Sooner or later, Leafbuyer will become very important for product company clients and dispensaries across the country.

Most of the consumers are looking forward to the completion of this app. They say that it will make it a lot easier for them to search for deals and businesses. The other services they will enjoy include the ordering of their favorite products as well as getting other items delivered. Those consumers that need to keep track of their loyalty points will do it more easily.

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Trading Symbol

OTC: PLSI

The Next Big Global Cannabis Trade


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Trading Symbol

OTC: PLSI

The Next Big Global Cannabis Play