Connect with us

CBD

INDVR Brands Inc. Announces Filing of Financial Statements

Published

on

INDVR Brands, Inc. (CSE: IDVR) (the “Company” or “INDVR Brands” or “INDVR”), a leading cannabis brand and manufacturer of infusion products, is pleased to provide an operational update on its business, including its process move to a fully licensed manufacturer.

INDVR is taking steps to cement it as the leading fully licensed manufacturer in Colorado

With the completion of the Strainz acquisition in June 2021, INDVR is in the final stages of transferring its Colorado manufacturing license from Bronnor Corp. to the US subsidiary of INDVR Brands. Upon completion, INDVR will be one of the leading manufacturers of marijuana infused products (MIPs) in Colorado, with a state-of-the-art, GMP-rated 25,000 square foot facility (the facility). The facility currently makes popular infused products including Strainz, Bullet, HotBox, Cheech’s Private Stash, Smokiez, Ganjala, 7Sacred, and its newest brand, Millies; a pack of 40 containing 2.5 mg of cannabis-infused hard-shell fruit chews. Bronnor currently makes more than 100 SKUs of these brands, including edible gums, chocolates, vapes and pre-rolls, and can support wet processing for extracted oils, beverages and food, and dry processing for making pills and dissolvable tablets. INDVR is actively pursuing the introduction of several additional products through the facility in the near future as it evolves into a world class brand house. Management expects the license transfer to be completed in early spring 2022, which will allow any revenue generated in Colorado to be consolidated on the company’s balance sheet.

Relaunch of an iconic brand

INDVR recently reintroduced Cheech’s Private Stash to the Colorado market, celebrating its first new product launch since the completion of its Strainz acquisition earlier this year. Cheech’s Private Stash is a carefully curated selection of highly potent pre-rolls and cannabis-infused fruit chews borrowed from influences from Cheech Marin’s life in East LA. Cheech’s Private Stash Pre-Rolls are sourced from Colorado’s most respected growers and provide consumers with a predictably rich and satisfying experience. Cheech’s Private Stash is available in sativas, indicas, and hybrids and has something for everyone. In addition, the company is working to introduce the brand through affiliated licensed entities and its distribution arm in the Pacific Northwest.

“We are excited about the strides we are making to reinvent INDVR as a high quality cannabis and hemp product manufacturer and leading brand house,” said Hugh Hempel, CEO of INDVR. “We are very well positioned in an established market that currently produces 1 million cannabis plants * per month. We look forward to building on the success of our latest acquisition and bringing exceptional products to our customers.”

About INDVR Brands Inc.

INDVR is focused on expanding its popular hemp and cannabis brands across North America. We strive to become a leading, globally recognized “House of Brands” with a portfolio of award-winning products with an extensive market presence. For consumers, INDVR aims to be the recognized source of a broad portfolio of the highest quality hemp and cannabis products that are beneficial for both health and lifestyle. INDVR’s management team brings expertise in manufacturing and retailing, hemp and cannabis R&D, and cannabis cultivation, all of whom work together to support a U.S. expansion plan through organic growth and value acquisitions.

additional information

For more information on INDVR, please visit INDVR’s SEDAR profile at www.sedar.com. This press release constitutes neither an offer to sell nor a solicitation of an offer to buy any securities.

Investor information
Canadian contact:
Scott Koyich,
Investor Relations
Scott@briscocapital.com
Phone: +1 (403) 619-2200

Disclaimer and Forward-Looking Information

Certain statements in this press release contain forward-looking information. These statements relate to future events or future performance. The use of words such as “anticipate,” “could,” “intend,” “expect,” “believe,” “will,” “project,” “potentially,” “estimated,” and similar expressions and statements relating to matters Are not historical facts, are intended to identify forward-looking information and are based on the parties’ current beliefs or assumptions about the outcome and timing of such future events. Actual future results could differ materially. These statements are only predictions. Readers are cautioned that the assumptions made in preparing this information, although believed to be reasonable at the time of preparation, could prove to be inaccurate and undue reliance should be placed on forward-looking statements. The company assumes no obligation to update forward-looking statements as a result of new information, future events or for other reasons, unless this is required under applicable law.

The forward-looking information contained in this press release is as of the date of this release and the parties are under no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by law. Securities laws. Due to the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify all forward-looking information contained herein.

To the extent that forward-looking information in this press release constitutes “forward-looking financial information” or “financial outlook” within the meaning of applicable Canadian securities laws, this information is provided to predict the company’s anticipated product sales, and the reader is cautioned that this information may not be used for other purposes and the reader should not place undue reliance on such forward-looking financial information and prospects. Forward-looking financial information and prospects, like forward-looking information, are generally based on assumptions and are subject to the risks set out above under the heading “Disclaimer and Forward-Looking Information”.

Cannabis is legal in certain states in the United States (“US”), but cannabis remains illegal under US federal law. INDVR Brands intends to conduct its U.S. cannabis operations in accordance with applicable state laws and in accordance with applicable state government and licensing requirements. Readers should be aware, however, that any change to federal enforcement guidelines could adversely affect INDVR Brand’s ability to access private and public capital necessary to support its continued operations and business in the United States

Unlike Canada, which has uniform federal legislation governing the cultivation, distribution, sale and possession of cannabis under the Cannabis Act (Federal), readers are advised that cannabis in the USA is largely regulated at the state level. Notwithstanding the permissive regulatory environment for medical cannabis at the state level, cannabis in the US continues to be categorized as a controlled substance under the Controlled Substances Act and, as such, cannabis-related practices or activities, including but not limited to the manufacture, import, possession, The use or distribution of cannabis is illegal under US federal law. Strict adherence to state laws regarding cannabis does not release INDVR Brands from liability under US federal law, nor does it provide defense against any federal legal proceedings that may be brought against INDVR Brands. Any such proceeding against INDVR Brands could materially affect its business and financial performance in the US market

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

CBD

The Cannabis Renaissance

Published

on

His stigma seems to be fading fast on Indian soil. From a drug provocateur to an alternative cure for creaky joints, insomnia, anxiety and other urban health disorders, cannabis has finally arrived in a sophisticated avatar packaged in essential oils. It has become a #shelfiegoal2022 to have a healing potion powered by CBD oil to get rid of your health problems. Hemp products have clearly overcome the hump of misgivings and misunderstandings on the alternative medicine bandwagon. The cannabis economy is growing.

The medicinal properties of the plant find specific mention in ancient Vedic literature. The Atharva-Veda describes cannabis as a remedy for many diseases. The Sushruta Samhita, dated between the 3rd and 8th centuries BC. BC, advocated the use of cannabis for phlegm and diarrhea. Yet with our shared perception of ganja on the ghats, clay chillums being passed around in puffs of smoke, and hashish conquering the senses, the country has quietly continued, often with, the “psychoactive” cultivation of hemp, a cousin of marijuana religious and medical accents.

Acceptance of the versatile hemp is finally gaining well-deserved ground as cannabis-powered wellness products are sold online and become best-sellers in the industry. “When we started, we had to explain why wearing a hemp shirt doesn’t get you high. Today, people of all generations buy our products and choose to heal themselves holistically through a natural source,” says Yash Kotak, co-founder of Mumbai-based BOHECO Bombay Hemp Company.

Awshad Full Spectrum Vijaya Oil Tulsi

Cannabis offers therapeutic healing and nutrition, and with over 25,000 ways to use this one plant, it’s a solution provided by the most sustainable and eco-friendly resource. “This is definitely just the beginning. We still have many miles to unlock the potential, and with the right kind of R&D practices, the world is at our feet,” says Chirag Tekchandaney, co-founder of BOHECO, adding: “In the last two years, the Income from operations increased by over 25 percent. Before that, we were operating at a three-year compound annual growth rate (CAGR) of 93 percent. The Hemp Fiber and Hemp Seed segments are expected to register substantial CAGRs of 27 percent and 25 percent, respectively, during the forecast period.

The cumulative share of these two segments was 47.6 percent in 2019 and is expected to reach 50.1 percent by 2027. We also export our products to over 10 countries, but most of our D2C audience is from India. Our repeat purchase is highest in this category, with over 43 percent of our target audience coming back to buy more. That says a lot.” This sudden shift has been evident since the lockdowns, leading to more startups in this space. Cannabis has now gained more acceptance, reaching an overtone of “herbal” overtones compared to the source of high it was once labeled as.

There was a time when the arrival at home of a CBD oil-infused supplement freaked out our loved ones. They thought we were on drugs. Now the same people are using it for its many therapeutic purposes. There has been an overall softening of attitude. Nowadays, more players encounter Boomtown. “The growth rate of this industry is directly related to the awareness of the legality, availability and benefits of this plant,” says Richa Jaggi, co-founder of Awshad, which started last year. “I believe this softening of attitudes can be directly linked to the growing popularity of cannabis around the world. Countries like the US and Canada started the cannabis destigmatization movement and funded various research to learn more about it.

They uncovered two things: the plant has various medicinal properties, and its properties were misrepresented,” she adds. Obviously learning is spreading. Loveena Sirohi, Co-Founder and Director of India Hemp Organics based in Bengaluru says: “At IHO, our growth rate has been 200 percent year over year. We have seen a diverse age range of people incorporating hemp and cannabis products into their lifestyle. Today our oldest patient is 94 years old and consumes the Sleep Well CannaBliss oil daily for better sleep.” She adds: “With the outbreak of Covid-19, cannabis-based medicinal oils helped fight a variety of diseases, including Depression and anxiety that increased during lockdown.”

The format and application of the products advertise to a cross-section of the population through oils, balms and creams. “They’re used to treat pain, inflammation, arthritis, pimples, eczema, itchy skin, and more,” says Jaggi, adding, “Cannabis edibles like tinctures and gummies are more geared towards men and women over the age of 18 who are.” suffering from insomnia, stress, anxiety, chronic pain, bowel problems, etc. People suffering from epilepsy or undergoing chemotherapy swear by this product.” alive and well the natural way the right way. But a word of caution: Cannabis leaf falls under a Schedule E-1 drug under the Drugs and Cosmetics Rules of 1945, and any medication containing a Schedule E-1 substance must be taken under medical supervision.

THE HOLY TRUTH

✥ Look for the licensed stamp of the Ministry of AYUSH, Government of India on the products
✥ Cannabis-infused medicines are safe to use and non-addictive, especially when taken under medical supervision
✥ The expensive labels are due to the difficult supply chain as hemp is mainly grown in Uttarakhand in the foothills of the Himalayas

Continue Reading

CBD

The Cannabis Renaissance- The New Indian Express

Published

on

Express Message Service

His stigma seems to be fading fast on Indian soil. From a drug provocateur to an alternative cure for creaky joints, insomnia, anxiety and other urban health disorders, cannabis has finally arrived in a sophisticated avatar packaged in essential oils. It has become a #shelfiegoal2022 to have a healing potion powered by CBD oil to get rid of your health problems. Hemp products have clearly overcome the hump of misgivings and misunderstandings on the alternative medicine bandwagon. The cannabis economy is growing.

The medicinal properties of the plant find specific mention in ancient Vedic literature. The Atharva-Veda describes cannabis as a remedy for many diseases. The Sushruta Samhita, dated between the 3rd and 8th centuries BC. BC, advocated the use of cannabis for phlegm and diarrhea. Yet with our shared perception of ganja on the ghats, clay chillums being passed around in puffs of smoke, and hashish conquering the senses, the country has quietly continued, often with, the “psychoactive” cultivation of hemp, a cousin of marijuana religious and medical accents.

Acceptance of the versatile hemp is finally gaining well-deserved ground as cannabis-powered wellness products are sold online and become best-sellers in the industry. “When we started, we had to explain why wearing a hemp shirt doesn’t get you high. Today, people of all generations buy our products and choose to heal themselves holistically through a natural source,” says Yash Kotak, co-founder of Mumbai-based BOHECO Bombay Hemp Company.

Awshad Full Spectrum Vijaya Oil Tulsi

Cannabis offers therapeutic healing and nutrition, and with over 25,000 ways to use this one plant, it’s a solution provided by the most sustainable and eco-friendly resource. “This is definitely just the beginning. We still have many miles to unlock the potential, and with the right kind of R&D practices, the world is at our feet,” says Chirag Tekchandaney, co-founder of BOHECO, adding: “In the last two years, the Income from operations increased by over 25 percent. Before that, we were operating at a three-year compound annual growth rate (CAGR) of 93 percent. The Hemp Fiber and Hemp Seed segments are expected to register substantial CAGRs of 27 percent and 25 percent, respectively, during the forecast period.

The cumulative share of these two segments was 47.6 percent in 2019 and is expected to reach 50.1 percent by 2027. We also export our products to over 10 countries, but most of our D2C audience is from India. Our repeat purchase is highest in this category, with over 43 percent of our target audience coming back to buy more. That says a lot.” This sudden shift has been evident since the lockdowns, leading to more startups in this space. Cannabis has now gained more acceptance, reaching an overtone of “herbal” overtones compared to the source of high it was once labeled as.

There was a time when the arrival at home of a CBD oil-infused supplement freaked out our loved ones. They thought we were on drugs. Now the same people are using it for its many therapeutic purposes. There has been an overall softening of attitude. Nowadays, more players encounter Boomtown. “The growth rate of this industry is directly related to the awareness of the legality, availability and benefits of this plant,” says Richa Jaggi, co-founder of Awshad, which started last year. “I believe this softening of attitudes can be directly linked to the growing popularity of cannabis around the world. Countries like the US and Canada started the cannabis destigmatization movement and funded various research to learn more about it.

They uncovered two things: the plant has various medicinal properties, and its properties were misrepresented,” she adds. Obviously learning is spreading. Loveena Sirohi, Co-Founder and Director of India Hemp Organics based in Bengaluru says: “At IHO, our growth rate has been 200 percent year over year. We have seen a diverse age range of people incorporating hemp and cannabis products into their lifestyle. Today our oldest patient is 94 years old and consumes the Sleep Well CannaBliss oil daily for better sleep.” She adds: “With the outbreak of Covid-19, cannabis-based medicinal oils helped fight a variety of diseases, including Depression and anxiety that increased during lockdown.”

The format and application of the products advertise to a cross-section of the population through oils, balms and creams. “They’re used to treat pain, inflammation, arthritis, pimples, eczema, itchy skin, and more,” says Jaggi, adding, “Cannabis edibles like tinctures and gummies are more geared towards men and women over the age of 18 who are.” suffering from insomnia, stress, anxiety, chronic pain, bowel problems, etc. People suffering from epilepsy or undergoing chemotherapy swear by this product.” alive and well the natural way the right way. But a word of caution: Cannabis leaf falls under a Schedule E-1 drug under the Drugs and Cosmetics Rules of 1945, and any medication containing a Schedule E-1 substance must be taken under medical supervision.

THE HOLY TRUTH

✥ Look for the licensed stamp of the Ministry of AYUSH, Government of India on the products
✥ Cannabis-infused medicines are safe to use and non-addictive, especially when taken under medical supervision
✥ The expensive labels are due to the difficult supply chain as hemp is mainly grown in Uttarakhand in the foothills of the Himalayas

Continue Reading

CBD

RESET Bioscience Debuts Bioavailable Pet CBD Drops

Published

on

AUSTIN, Texas, Jan. 13, 2022 /PRNewswire/ — RESET Bioscience, an advanced wellness company utilizing pharmaceutical-grade ingredients and technology, is introducing CBD drops for pets to its portfolio.

Developed by leading Ph.D. Scientists are RESET Pet CBD Drops the world’s first water-based ingestible CBD for pets Powered by Santé® Delivery Technology for fast, maximum absorption and double tested to human standards.

The same lipid encapsulation technology that pioneered RESET’s wellness products is now being applied to pet products. RESET’s highly bioavailable drops can be conveniently added to your pet’s food, favorite treat or even your pet’s water bowl with no separation required as the formula is water based.

“As a proud mommy of dogs, my pets are an extension of my family and their health and well-being are of the utmost importance,” said Ashley Ferguson, President of RESET. “I wanted to use CBD pet treats to support my elderly Chihuahua’s quality of life and calm my anxious Doberman puppy at home. Before introducing RESET, I tested treats and oils from major brands on the market at a leading analysis lab. I was beyond shocked and disappointed to find alarming levels of heavy metals like lead, mercury and even arsenic, residual solvents and microbiological contaminants like E. coli and salmonella in almost every product. that I was recommended to dose my Chihuahua the same amount as my Doberman!

We immediately felt compelled to bring to market a pet product with human ingredients protected by our world-class testing and saw an opportunity to apply RESET’s delivery system in partnership with Powered by Santé® Deployment Technology. Technology differentiates RESET Pet by providing faster, better absorption for more immediate results and safer dosing in accordance with a pet’s weight. With this water-based formula, pet parents can have peace of mind at any dosage, while with oils you risk liver toxicity as small livers do not process oil well. We are constantly focused on the next generation of wellness and are proud to extend this to animal health.”

Like humans, cats and dogs can take full advantage of the interaction between CBD and the endocannabinoid system. Because of this, CBD can have positive effects on everything from mood, to mind and body support, to general well-being. RESET is thrilled to offer ecommerce shoppers award-winning CBD relief for their furry friends.

RESET’s latest advancement features traceable premium ingredients that are lab tested to ensure potency, purity and consistency. Designed for maximum bioavailability, Pet CBD Drops come in a pet-approved pumpkin flavor to wag those tails!

About RESET Pet CBD Drops:

  • 5 mg highly bioavailable CBD per 0.5 ml, 150 mg per bottle
  • Hemp-derived cannabidiol (CBD) extracted from premium hemp grown in the USA. THC-free (tested less than 0.001% THC)
  • Contains a delimited dropper for accurate and precise dosing
  • Laboratory tested to ensure potency, purity and consistency
  • Safety sealed to protect your pet. Store at room temperature with the bottle closed
  • Made in the USA

RESET Pet CBD Drops can be added to your pet’s water, food, or favorite treat, but RESET suggests avoiding dropper contact with snoots. With user-friendly dosing based on pet weight, pet owners can be confident in the amount of CBD being administered to their pets.

For more information about RESET Pet CBD Drops, please visit RESETbioscience.com and follow @RESETbioscience on Instagram, TikTok and Facebook.

About RESET: RESET products with Powered by Santé® Delivery Technology, empowers you to RESET your wellness ritual with powerful solutions that support you from dawn to dusk. Engineered for maximum bioavailability of premium ingredients and uniquely water-based, like your body, RESET products are expertly blended by Ph.D. Scientists need to go where you need it (in your small intestine) so you can actually absorb it. Inspired by nature and backed by science, their line of wellness products is formulated and tested to pharmaceutical standards and proven to last over 12 months.

Current awards:

*Tested for less than 0.001% THC

View original content: https://www.prnewswire.com/news-releases/reset-bioscience-debuts-bioavailable-pet-cbd-drops-301460773.html

RESET SOURCE Life Sciences

Continue Reading
Advertisement

Trending