makinezmoney
6 years ago
$BIOIF: Canada's next Cannabis Conglomerate.
https://www.biomegrow.com/
.@BiomeGrow's CEO discusses how the company is building highly #automated facilities for utmost #efficiency in order to tackle ineffective #quality and #consistency of products in the #cannabis #market. pic.twitter.com/sxZ0QtuBqL— Market One Media (@MarketOneMedia) December 19, 2018
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Biome Grow receives new consumer sales amendment from Health Canada for its Nova Scotia brand, Highland Grow
DECEMBER 17, 2018
Toronto, Ontario (December 17th, 2018) – Biome Grow Inc. (“Biome” or the “Company”) (CSE: BIO) (Frankfurt: 6OTA) (OTC: ORTFF) is pleased to announce its Nova Scotia-based subsidiary, Highland Grow Inc.(“Highland Grow”), has received its sales authorization via an amendment to its existing license from Health Canada under the Cannabis Act. This authorization will allow Highland Grow to sell cannabis products to end consumers through appropriate medical and recreational cannabis channels, dramatically increasing product availability. The sales authorization will position Biome Grow to serve the rapidly growing domestic and international cannabis markets.
"Biome Grow has been steadfast in its focus on a regional business strategy and building provincial brands that can serve the unique requirements of its local cannabis consumers. This new amendment marks the complete transition of Biome to a commercial cannabis enterprise in the Canadian market," said Khurram Malik, CEO of Biome.
Finished product grown and packaged specifically for our customers in Nova Scotia is ready to be delivered. Highland Grow looks forward to completing the final distribution steps with the Nova Scotia Liquor Corporation (“NSLC”) to get this product into the hands of its local customers as soon as possible.
“The Highland Grow team has been working hard to achieve this important milestone. The company is looking forward to doing its part to eliminate the current supply shortage in our home province,” added Frank MacMaster, President of Highland Grow.
AboutHighland Grow Inc.
Reflective of the beautiful and rugged northern Nova Scotia terrain, Highland is a local Cannabis grower near Antigonish that is Biome Grow's first licensed producer under Canada's CannabisAct.
Highland Grow was granted its Grow License from Health Canada pursuant to the Access to Cannabis for Medical Purposes Regulations (ACMPR) on December 1, 2017.
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For further information, please contact:
Alise Mills
amills@sussex-strategy.com
778-928-0267
www.biomegrow.com
About Biome
Biome wholly owns five subsidiaries, including: The Back Home Medical Cannabis Corporation, a company incorporated under the laws of the Province of Newfoundland and Labrador and in the late stages of applying for a license under the Cannabis Act; Great Lakes Cannabis, a company incorporated under the laws of the Province of Ontario and in the late stages of applying for a license under the ACMPR; Highland Grow Inc., a licensed producer in Nova Scotia under Canada’sCannabis Act; Red Sands Craft Cannabis Co., a company incorporated under the laws of the Province of Prince Edward Island, and; Weed Virtual Retail Inc., a company incorporated under the laws of the Province of Ontario in the business of operating a new virtual reality technology platform focused exclusively on the medical and recreational cannabis markets. Biome is a Canadian-based company with national and international business interests.
Forward-looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward-looking statements or information. Generally, forward-looking statements and information may be identified by the use of forward-looking terminology such as “plans”, “ expects” or “does not expect”, “proposed”, “is expected”, “budgets”, “scheduled”, “estimates”, “forecasts”, “intends”,“anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases, or by the use of words or phrases which state that certain actions, events or results may, could, would, or might occur or be achieved. More particularly and without limitation, this news release contains forward-looking statements and information concerning: Highland Grow’s sales license from Health Canada and finished product to be distributed in Nova Scotia. Such forward-looking statements and information reflect management’s current beliefs and are based on assumptions made by and information currently available to Biome, including, among other things, assumptions and expectations with respect to: the Cannabis Act and its regulations continuing to exist and operate as expected; the continued existence and validity of the license granted to Highland Grow; changes in cannabis research or the general public’s perception of cannabis; and the ability to operate the business as expected.
These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those expressed or implied in the forward-looking statements. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements speak only as of the date on which they are made, and Biome, or any of its subsidiaries undertakes no obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Roland Rick Perry
6 years ago
Updated Report on Biome Grow.
(client, see report disclaimer)
*Gains 25% With Major Win Under Health Canada Act.
*Upgraded License From Health Canada Completes Transition to Commercial Cannabis Enterprise.
*$100 Million Newfoundland Labrador Agreement.
*Five Milestones Ahead in 2019.
Milestones, milestones, milestones. With early-stage Canadian Cannabis companies which have large growth ambitions, share prices typically advance on the news of license awards, building completions, property acquisitions, commencement of sales and a variety of other news related items. These show that the start-ups are moving ahead in their stated gameplan.
With that said, Biome Grow ranks as the Top Company small cap company we follow, for potential milestones achievements for 2019. It should be a news-packed year ahead.
Our belief is that it is wise for investors to add to their holdings as each milestone is announced, as it tempers the risk of the rather obvious – which that a milestone may be delayed, or simply not achieved at all. This entails ‘buying-up’ as investors are doing today in Biome Grow, with the share price advancing 25% today in Canadian trading (with the Dow down 500points). This is smart investing (vs. buying down) in our opinion.
Biome announced a major milestone today which will allow its Highland Grow (Nova Scotia) subsidiary to sell cannabis products to end consumers through medical and recreational cannabis channels. The Company stated, finished product grown and packaged specifically for their customers in Nova Scotia is ready to be labeled and delivered.
This follows news from November that Biome signed one of top five largest deals of its kind in the Canadian history by quantity in Newfoundland & Labrador (details below).
http://marijuanastockreview.com/biome-grow-bio-c-and-ortff-up-25-new-report-out-marijuanastockreview/
Big Brother
6 years ago
Been following this for years, have no idea what happened to the Sollensys/touchscreen assets that were originally in ORTFF, but this is a new cannabis stock now.
Just started trading on the Canadian Securities Exchange under the symbol “BIO”
https://www.biomegrow.com/
https://twitter.com/biomegrow?lang=en
https://www.facebook.com/BiomeGrow/
Biome is built to become the next Canadian cannabis conglomerate. Diversified in its holdings, Biome is steered by leaders in the cannabis space - in finance, growing technologies, regulatory affairs, business building and marketing. This team has learned from the mistakes and successes of the cannabis companies that have come before us and is using those lessons to quickly become one of Canada's leaders in medical and recreational cannabis businesses. It is built for growth and built to last in an exciting but volatile space that will see much shakeup in the coming months and years.
Biome has also taken a different approach to the market than its competitors. It is focused on the local consumer - what they want in a product, and in a buying experience. It is focused on regional cannabis growing and business growth with an emphasis in Atlantic Canada. And it has expertise to attack the burgeoning global market from its Canadian base.
A company unlike any other in the Canadian cannabis marketplace, Biome has the approach, leadership and financing to be a dominant player in the industry.
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