The Hydropothecary Corp. (TSX-V:THCX) has acquired 78 acres of land next to its existing 65-acre facility in Gatineau, Quebec. The company plans to construct a new greenhouse on the newly acquired land and increase its production capacity to 108,000 kilograms of dried cannabis per year. The expansion is expected to be completed in December 2018.
One of Canada’s largest flower distributors has signed on to use VersaPay Corp. (TSX-V:VPY)‘s ARC invoice-to-cash solution. The solution will be used to eliminate most of the paper invoicing and to drive a high percentage of digital payments.
ABcann Global Corp. (TSX-V:ABCN) has entered an agreement to buy Harvest Medicine Inc., a medical cannabis clinic that began operations earlier this year. ABcann will pay $1.5 million cash and issue $1.5 million in shares for the acquisition.
Gainey Capital Corp. (TSX-V:GNC) has completed the mapping and sampling portion of the phase 2 exploration program at the El Colomo gold-silver project in Mexico. The company is also looking to acquire additional properties in Mexico.
Skeena Resources Ltd. (TSX-V:SKE) has released the first results from underground drilling at its flagship Snip gold project in British Columbia. The company has drilled 341 g/t Au over 1.5 meters and 67.68 g/t Au over 2.03 meters.
Cardiome Pharma Corp. (TSX:COM) has entered into a license and distribution agreement with ZAO Firma Euroservice that will advance Aggrastat (tirofiban hydrochloride) toward commercialization in Russia.
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