LivinLarge8
6日前
HYTN Announces Initial Purchase Order under Manufacturing Partnership with Industry-Leading SNDL
VANCOUVER, British Columbia, Jan. 10, 2025 (GLOBE NEWSWIRE) -- HYTN Innovations Inc. (CSE: HYTN, FSE: 85W0, OTC PINK: HYTNF) (“HYTN” or the “Company”), a pharmaceutical company specializing in pharmaceutical-grade cannabis manufacturing is pleased to announce the receipt of an initial purchase order under manufacturing and pricing agreements (the Agreements) with SNDL Inc. (NASDAQ: SNDL) ("SNDL"), one of the world’s largest vertically integrated cannabis companies. This collaboration underscores the Company’s commitment to expanding its presence in regulated international markets, including the UK, Germany, and Australia.Under the executed agreements, HYTN will utilize EU Good Manufacturing Practice (EU GMP) to process both bulk and finished cannabis products for SNDL. HYTN’s ability to meet stringent international requirements, combined with SNDL’s cannabis expertise, positions both companies to rapidly scale operations and introduce high-quality products to key international markets.“This partnership underscores our commitment to delivering exceptional cannabis products in regulated international markets,” said Elliot McKerr, CEO of HYTN. “With SNDL’s robust market presence and HYTN’s advanced manufacturing standards, we are poised to make a significant impact on the global cannabis industry.”The progress of the partnership is highlighted by the receipt of HYTN’s initial purchase order from SNDL for EU GMP-certified dried cannabis flower, featuring multiple cultivars for export to the UK. Processing of the initial order is expected to be completed by February 2025. Jason Broome, COO of HYTN, emphasized the importance of this milestone, stating, "This order highlights HYTN’s capacity for high-volume, EU GMP-certified cannabis production, ensuring our partners, like SNDL, have the infrastructure needed to expand into global markets. We’re excited to collaborate on this opportunity and demonstrate our operational expertise."This collaboration positions the Company to capitalize on the expanding global cannabis market, including Germany’s medical cannabis industry, valued at an estimated CAD $2 billion1, and Australia’s rapidly growing market, which surpassed AUD $200 million in 20222, underscoring the opportunities ahead.The initial purchase order is anticipated to ship in Q1 2025, import permits from the UK's Home Office were received on Jan 6th. The broader agreements, which were signed in August 2024 and have a term of two years, establish the operational framework for a partnership supporting HYTN's processing of SNDL cannabis products destined for international markets. [1] J. Green, International Cannabis Business Conference (July 8, 2024), "Germany’s Medical Cannabis Industry Is Booming."[2] J. Ryan, Pennington Institute (December 2023), "Cannabis in Australia."About HYTN Innovations Inc.HYTN Innovations Inc. is a pharmaceutical company that specializes in the formulation, manufacturing, marketing, and sale of products containing psychoactive and psychotropic compounds, including cannabis-derived cannabinoids and psilocybe-derived tryptamines. HYTN is dedicated to becoming a premier provider of these products across all federally regulated markets. The Company accomplishes this by strategically identifying market opportunities and effectively bringing innovative products to market through its advanced development platform.About SNDL Inc. SNDL is a public company whose shares are traded on the Nasdaq under the symbol "SNDL." SNDL is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, Spiritleaf, and Superette. SNDL is a licensed cannabis producer and one of the largest vertically integrated cannabis companies in Canada specializing in low-cost biomass sourcing, indoor cultivation, product innovation, low-cost manufacturing facilities,?and a cannabis brand portfolio that includes Pearls by Grön, No Future, Bhang Chocolate, Top Leaf, Contraband, Citizen Stash, Sundial Cannabis, Palmetto, Spiritleaf Selects, Bon Jak, Versus, Value Buds, Namaste, Re-up, Grasslands and Vacay. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the North American cannabis industry.?For more information on SNDL, please go to?https://sndl.com/.
Canna_Business
4月前
How Companies Are Selling THCa Online Without a License:
The 2018 Farm Bill has created a legal loophole for selling THCa online. THCa, which is non-psychoactive until heated, can be sold legally if it tests under 0.3% Delta-9 THC on a dry weight basis. This allows companies to bypass traditional cannabis licensing and state regulations.
Key Points:
2018 Farm Bill: Permits cannabis products with under 0.3% Delta-9 THC.
THCa Products: Non-psychoactive until heated but converts to Delta-9 THC when smoked or vaped.
No License Needed: THCa meets legal THC limits, avoiding the need for a cannabis license.
Consumer Impact: Consumers can buy THCa products online, evading stricter state cannabis laws.
Summary: The 2018 Farm Bill has inadvertently allowed THCa products to be sold legally online by staying within THC limits, despite their psychoactive potential when heated.
For example,
https://www.prestonherbco.com/products/100-ozs
________________________________________________________________________________
Explaining THCa and THC: The 2018 Farm Bill Loophole...
- THCa vs. THC: THCa is non-psychoactive but converts to THC (which causes a high) when heated through smoking, vaping, or cooking.
- 2018 Farm Bill Loophole: The bill legalized hemp with less than 0.3% THC but didn’t mention THCa, allowing high-THCa cannabis to be sold legally if it tests below 0.3% THC before being heated.
- Online vs. Dispensary Sales: Both sell THCa-rich cannabis. Dispensaries can sell any THC level, while online sellers must comply with the 0.3% THC limit until the product is heated.
- Decarboxylation: Heating (through smoking, vaping, or cooking) decarbs (converts) THCa into active THC.
BefallenKnight
5月前
Another Victory for the Call Sellers.
The Aug 16 2.5x calls, and above, printed for those who sold after March but I feel bad for the big player(s) who sold the calls in February and January this year before the run-up. After doing some “research” I learned that the early Aug 16 2.5c sellers were forced to buy a load of shares (as well as OTM calls) to cover the position which likely contributed to the move from 1.35 to 2.93. Hindsight, amirite, most players don’t like to lament on losses which is why I’m just hearing about this trade. We’re not talking big money as the 2.5mm shares allocated in the open calls are a mere $6.25mm worth of shares to deliver but symbolically, it’s always interesting to hear about a large bet that goes south in the same way it’s fun to rubberneck a high stakes parlor game. Apparently between the premiums generated from selling the calls and the subsequent potions required to cover, the overall position was no great loss.
Anywhooooo, my Aug 16 cover calls expired worthless and I was able to buy back 2 strike covered calls at a lower cost basis so this month has been fruitful. Premiums baby, premiums. Gordon Gecko taught about corporate takeovers, but today’s Bud Foxes’ don’t care about owning the pasture when they can endlessly profit from milking the cows dry. The house may always win but that doesn’t mean the neighbors can’t join in. Yada, yada….
On to the next week, next month, next moment…I may buy some more leaps on Monday cause my sources say some fundamental developments are inevitable, always selling calls into pops, won’t short puts here cause I don’t need more shares. SNDL kinda sucks for the short terms but LFG.
I have much more to say about the cannabis industry as a whole….corporate interests have decimated the small players, aka retail shops that were the grassroots of the burgeoning industry, growers have long since sold out and been replaced by industrial ops. The next onslaught will be the marketing of cannabis to the USA, as if D.A.R.E never existed and we all accepted the medical efficacy of cannabis since its first documented use 5000 years ago.
Toe-tapping on the DEA rescheduling at which point the money flow cascades.
A quick informational note; Prior and current US law prevents public companies from involvement with companies dealing in substances classified by the DEA as Schedule 1 narcotics. Current dispensaries and grow ops in legal states STILL must use cash to process operational expenses like payroll, rent and even states/federal taxes!!! Despite states legalizing cannabis, major banks and public financial institutions are not allowed to invest or offer traditional financial services to companies “close to the plant”.
Well, when the DEA reschedules cannabis to Schedule 3, then those restrictions are removed. Hedge funds and venture capital can invest without penalty. Banks can loan money to credible cannabis related entities without fear of fines. Bonds can be issued for cannabis companies to expand their ventures. The dam will break, money will flow.
This industry will be massive and SNDL not only has their foot in the door, the company has half their body inside with a battering ram (banks, funds) standing in the doorway ready to breach with great force.
BefallenKnight
9月前
KABOOM Goes the Dynamite
The MJ boom has officially begun. This is the spark that will engine an explosion!
See, as a Schedule 1 narcotic (I gagged writing that ignorance) cannabis is deemed to dangerous for society. Therefore, public and mostly high profile companies cannot be involved with entities that are close to the plant, meaning banks, hedge funds, venture capital firms and the like must stay away from cannabis related companies.
This all changes when cannabis is rescheduled.
The result will be billions upon billions of investment dollars pouring into the cannabis sector. Companies like Sundial will now have access to bank loans, lines of credits and other traditional financial services previously unavailable. That access comes with a major windfall…..NO MORE NEED FOR DILUTION AS A MEANS OF RASING CAPITAL.
Replacing dilution with bank loans will create a much more stable equities market!!!!!! I cannot stress the significance of what I just wrote!
And of course, Sundial, having NO debt and a small hoard of cash…..well, that’s just an absolute powder keg!!!!
Huge people, this is absolutely enormous!
GREEN DAYS ahead around the sector ;)
Hot Features
プレミアム
登録して、同じ考えを持つ投資家と議論するためのアクティブなフォーラムで相互作用するためのアクティブなフォーラムに参加してください。
BottomBounce
2週前
Monksdream
3月前
Bazwar6
5月前
abrooklyn
6月前
Nebuchadnezzar
6月前
JAH son
8月前
glenn1919
9月前
maynerd
9月前
TheFinalCD
10月前
