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CV Sciences Inc (OTCMKTS:CVSI) enters a Distribution Agreement With Harris Teeter

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CV Sciences Inc (OTCMKTS:CVSI) today announced its business collaboration with Harris Teeter. These two business giants target expanding CV Sciences Inc’s PlusCBD™ Oil brand that has been dominating the market for long.

CV Sciences and the products it sells

Market observers applaud CV Sciences over its expansion into the Food, Drug, and Mass (FDM) retailer channel. It works well in terms of broadening the reach and availability of the company’s product, according to them. The company also deals with other products, including PlusCBD™ Oil Roll-Ons and Extra Strength Balms. These two businesses have reached an agreement to support the distribution of the products.

CV Sciences counts on Harris Teeter’s locations to generate higher revenues. These locations are in Maryland, Florida, Virginia, North, and South Carolina. An official working with CV Sciences says they are impressed with the expansion since it increases their distribution locations by a significant margin. According to him, they are now talking about 5,400 retail locations throughout the U.S.

Dowling’s perspective

Chief Executive Officer of CV Sciences Joseph Dowling says they won’t stop in their efforts to grow the distribution and the availability of their products. He believes the collaboration with Harris Teeter will work in their favor. The company’s PlusCBD™ Oil brand will soon be availed in the networking technique FDM channel.

Dowling opined, “CV Sciences has made significant distribution gains this year as FDM retailers such as Harris Teeter enter the hemp CBD market with a focus on making high quality, safe, and efficacious products available to their shoppers.”

The demand for CV Sciences’ products is increasing with time. This company is reacting to that by channeling more resources towards increasing its distribution points. It also seeks to expand its two distinct business segments. These are the drug development division and the consumer product division. The former focuses on manufacturing, marketing, and the sale of plant-based products. On the other hand, the latter develops and commercializes CBD-based novel therapeutics by utilizing CBD.

Leading researcher SPINS has ranked the Company’s PlusCBD™ Oil, terming it one of the best selling brands.

CV Sciences is also known to have in place a top-end facility that adheres to all guidelines and best practices. The company also hopes to do more towards enhancing the activities here.

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OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) Subsidiary’s Cannabis Product Performs Remarkably

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OWC Pharmaceutical Research Corp (OTCMKTS:OWCP) is an industry leader in the development of cannabinoid-based therapies. Some of this company’s leading products help treat a wide range of medical disorders and conditions.

Nature of the research

This company’s subsidiary, One World Cannabis, has been researching its Medical Grade Cannabis. It has unveiled the results of the research terming them Top Line. This was a single-dose, randomized, crossover study that sought to compare several aspects of the medical solutions. Among them included the safety, tolerability, and pharmacokinetics (PK) of the buccal Sativex® versus the Orally Disintegrating Tablets (MGC-ODT). Some of the elements to be studied include THC, THC metabolite 11-hydroxy-THC, and CBD. An official working with OWC Pharmaceutical Research Corp says that the research involved some healthy adult volunteers.

This research was conducted at the Sourasky Medical Center, which is situated in Tel Aviv. The study will help deliver top-notch products to consumers on a nationwide scale and even beyond borders.

One of the lede researchers reveals that the persons participating in the study were administered randomly. As outlined earlier, the products in question were OWC-ODT (4.2 mg THC, 5 mg CBD) and Sativex (5.4 mg THC, 5.0 mg CBD). The study also involved a two weeks cross over period.

Results of the study

 The researcher also revealed that after 24 hours of the product administration, plasma would be collected from the volunteers. The other thing would be to monitor the effects of the products, and then the researchers would go to the next step. Probably, that would be the checking out as well as the quantification of the THC, CBD, and 11-OH-THC concentrations. The determination of the plasma PK will be important in writing down the final report.

The TLR indicates that both the administration of both MGC-ODT and Sativex® pulled along with rather similar mean times. This was specifically in terms of half-life, peak concentration, and eventually, the elimination rates.

One unique aspect of the results is how they showed some dose-related comparability for the products in terms of bioavailability and absorption. Another important point worth noting is that the treatment incidence showed the related adverse events (AEs), indicating a lot of similarities between the administered treatments.

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Glance Technologies Inc (OTCMKTS:GLNNF) Communicates To Shareholder Through A Letter

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Glance Technologies Inc (OTCMKTS:GLNNF) owns the dynamic mobile payment and loyalty technology platform known as Glance Pay®. Today, the CEO of the company Jonathan Hoyles has written a letter to the shareholder in the company. This is the first letter the official is writing to them in the position of the company’s Interim CEO.

Hoyles and his words for shareholders

Hoyles wants all shareholders to understand everything regarding the operations and plans. Through this letter, shareholders get to understand what the company intends to over the coming six to twelve months.

The company’s CEO discloses that a short while back, they set some clear measures and goals to help the company move forward. The target is to achieve the set goals within a short time. Some analysts that have had the opportunity to read through these goals see them as overly ambitious.

However, Hoyles exudes confidence saying that they have a dependable team in place. According to the official, this is crucial towards the achievement of the company’s set goals. The leader is quick to admit that indeed, progress is a matter that calls for a company’s dedication to taking the necessary risks. He urges everyone, including the shareholders, in the company, to give their support so that they achieve a home run.

Research and developmental plans

In recent times, the company has directed some funds into quantitative and qualitative market research. Some of the activities it has found helpful include merchant interviews, end-user surveys, and external research. One thing coming out pretty clearly is the fact that most of the end-users seek to be rewarded for their continued loyalty to the company and its diverse products.

Asides from this, they are calling out to the company to move with speed in setting up more restaurant locations for them. It is worth noting that users greatly appreciate the company’s support in helping them pay bills easily and quickly. However, the company thinks it needs to do more than offer them convenience. It wants to move a step further to give them suggestions on items that they need to try out.

Further improvements will be made in marketing and branding, sales and distribution, and also in the enhancement of customer experience. Howles says that they will focus on the right priorities. To him, the best thing is for the company to move its resources to areas of greater yield and productivity.

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Green Organic Dutchman Holdings (OTCMKTS:TGODF) To Review Financing Alternatives For Construction Purposes

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Green Organic Dutchman Holdings (OTCMKTS:TGODF) has, over the years, been focusing on the production of premium organic cannabis products. The business guru has today disclosed details about its credit financing. According to its spokesperson, the company needs to complete the construction of a number of its business facilities. The facilities are in Ontario, Ancaster, and Phase 1a at Valleyfield, Quebec. Lately, the business has been reviewing some financial alternatives to see the ones to settle for.

The turn of events

In a statement, the company has revealed that the market conditions have been very dynamic and thus need from proper planning. It has, in the past, held discussions regarding some commercial bank facilities and equipment leasing in a bid to identify what would work. The company admits that the discussions were fruitful since it was able to chart the way forward. However, the main point of the discussion wasn’t arrived at. That was because most of the financing sources turned out to be inappropriate. The company says that most of them did not match the required timeframes. It says it had no otherwise but to start reviewing other alternatives.

Plans moving forward

The completion of these facilities is a costly undertaking, but the company seems quite determined.

An official working with The Green Organic Dutchman Holdings but who wanted his identity kept anonymous has made a point. He says that the company, at the moment, has no debt. However, it has about $56.7 million available in cash in Canada. It also has some $40.2 million that will take care of the company’s capital expenditures. The construction activities at the Ancaster are almost reaching completion according to sources. The business giant says that in a matter of about 6-weeks, it will have completed the construction activities here.

Green Organic Dutchman Holdings is optimistic it will get the financing that it requires. In that particular regard, it will channel the funds towards accelerating its commercial production. The goal is to increase its revenues by a significant margin.

So far, the company has gotten into several supply agreements. Some of them are with Alberta, British Columbia, and Ontario. The deal is to engage in the distribution of products on a nationwide scale.

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