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Cannabis Stock News Daily Roundup October 4

ME Staff

Curaleaf Holdings (CSE: CURA) (OTCQX: CURLF) reported a purchase of 100,000 shares of its stock by Executive Chairman Boris Jordan. Shares were bought on Sept. 27 on the open market at $8.21 apiece. “This is an exciting time for Curaleaf and our industry, and I have never been more confident in our future. Curaleaf is well positioned for long-term growth and profitability. Curaleaf is in the best position to lead this industry and create value for shareholders for the long-term,” Jordan stated.

PurHealthRX completed the first major clinical study examining the anti-aging effects and safety of full spectrum hemp CBD oil in human subjects. The randomized placebo-controlled study was completed with support from the National Institute of Health on 150 patients. The results showed a significant effect on a multitude of anti-aging related factors.

CannaRoyalty d/b/a Origin House (CSE: OH) (OTCQX: ORHOF) has entered into an agreement via its subsidiary Continuum to become the exclusive distributor of Cannabiniers, a producer of cannabis-infused products in California. “We believe infused beverages will be one of the key product categories of the future and are proud to partner with Cannabiniers – a well-known brewer and growing infused beverage brand,” Marc Lustig, the CEO of Origin House, said in a statement.

VIVO Cannabis (TSX-V: VIVO) (OTCQX: VVCIF) said it expects to commence first harvest at its Kimmetts facility in Napanee, Ontario, in the fourth quarter of 2019. The company also unveiled its 2020 plans for the facility, which include an accelerated planting schedule and the contemplated use of five additional acres of land adjacent to the existing airhouses.

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Geyser Brands (TSX-V: GYSR) has launched a new premium brand line called SToND Naturals. It is a line of self-care products that uses hemp. SToND will be offering several products including body lotions, massage oils, body scrubs, mud masks, lip balms, headache roll-ons, joint creams, pain gels, solid face serums, and anti-wrinkle serums.

The post Cannabis Stock News Daily Roundup October 4 appeared first on Market Exclusive.