Benchmark Botanics Inc.

Recent News

  • Benchmark Appoints Cannabis Industry Veteran as CEO

    Vancouver, British Columbia--(Newsfile Corp. - May 3, 2021) - Benchmark Botanics Inc. (CSE: BBT) ("Benchmark" or the "Company") is pleased to announce that Mike Cosic has been appointed as the Company's Chief Executive Officer. Mr. Cosic was previously the Chief Financial Officer of Meta Growth Corp., a leading Canadian recreational cannabis retailer. Mr. Cosic, MBA, CFA, is a strategic executive with over 25 years of achievement in a variety of industries. He has a proven track record...

    2021-05-03 6:45 AM EDT
  • Benchmark Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - April 16, 2021) - As previously announced on October 2, 2020, Benchmark Botanics', Inc. (CSE: BBT) ("Benchmark" or the "Company") wholly owned subsidiary, Potanicals Green Growers Inc. ("Potanicals"), received a notice that the United Food and Commercial Workers International Union, Local 1518 (the "Union"), applied for a certification to represent the employees of Potanicals' Peachland facility. The Company wishes to report that as of March 31, 2021, the employees at Potanicals' Peachland facility joined the...

    2021-04-16 7:00 AM EDT
  • Benchmark Announces Appointment of Two New Board Directors and Change of Officer

    Vancouver, British Columbia--(Newsfile Corp. - March 25, 2021) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) ("Benchmark" or the "Company") is pleased to announce that the Company has added two new directors to its board.Mr. Terry Wang and Mr. Leon Jiao have been appointed to the Company's board of directors. As per the Company's March 18, 2021 press release, Mr. Wang was recently appointed as the Company's Interim CEO. Mr. Jiao, currently the CFO and director of...

    2021-03-25 11:56 AM EDT
  • Benchmark Announces Financial Support from Current Shareholder

    Vancouver, British Columbia--(Newsfile Corp. - March 18, 2021) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) ("Benchmark" or the "Company") is pleased to announce that a current shareholder has injected $100,000 into the Company by way of a loan in order to assist the Company with its liquidity issues (see March 9, 2021 press release). A group of shareholders is committed to working with the Company in order to determine follow-on investments required to achieve Benchmark's long-term strategic...

    2021-03-18 9:00 AM EDT
  • Benchmark Botanics Provides Corporate Update

    Vancouver, British Columbia--(Newsfile Corp. - March 9, 2021) - Benchmark Botanics Inc. (CSE: BBT) ("Benchmark" or the "Company"), a diversified multi-licensed cannabis producer, today announced that it is actively exploring various options to address the Company's financial liquidity issues, including increasing its sales from inventory, cutting operating costs, restructuring its operations, and undertaking an equity and/or debt financing. There is no assurance that such additional financing will be available on terms acceptable to the Company or at all. If the...

    2021-03-09 12:50 PM EST
  • Benchmark Botanics Provides Update for Peachland Facility Operations

    Vancouver, British Columbia--(Newsfile Corp. - December 30, 2020) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company"), a diversified multi-licensed cannabis producer, today announces that the Company has decided to suspend Potanicals Green Growers Inc. ("Potanicals"), the Company's wholly owned subsidiary, growing and cultivation operations at Peachland, BC for an additional three months in order to further reduce operating costs. The Company is also looking at options to contract out or divest Potanicals assets to explore value-add strategic opportunities...

    2020-12-30 8:19 PM EST
  • Benchmark Botanics Reports Q3 2020 Results

    Vancouver, British Columbia--(Newsfile Corp. - November 30, 2020) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company"), a diversified multi-licensed cannabis producer, today released its financial and operational results for the three and nine months ended September 30, 2020.2020 Q3 Highlights:Achieved sales revenue for the three months ended September 30, 2020 of $375,701, versus Nil sales compared with the same period from last year.Net loss for the third quarter was significantly reduced to ($65,149) from ($1,176,229) in the same...

    2020-11-30 7:12 PM EST
  • Benchmark Announces Appointment of Independent Director

    Vancouver, British Columbia--(Newsfile Corp. - November 17, 2020) -  Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) ("Benchmark" or the "Company") is pleased to announce the appointment of Mr. Mike Cosic to the Company's board of directors. Mr. Cosic brings over 25 years of financial experience to Benchmark Botanics, including corporate finance and corporate development involving several mergers, acquisitions and divestitures. He is currently the CFO of Meta Growth Corp., a leading Canadian recreational cannabis retailer. He was previously...

    2020-11-17 11:26 AM EST