Benchmark Botanics Receives Health Canada License Amendment for Its Peachland Complex and Commences Seed Nursery Operations
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2020) - Benchmark Botanics Inc. (CSE: BBT) (the "Company" or "Benchmark"), federally licensed to cultivate, process and sell cannabis under the Cannabis Act, is pleased to announce that its 100% owned subsidiary, Potanicals Green Growers, Inc. ("Potanicals") has received Health Canada's approval for the licensing of an additional component of its cultivation site, a purpose-built seed nursery facility.In accordance with the Cannabis Act...
2020-05-27 3:11 PM EDT
Benchmark Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - May 14, 2020) - Benchmark Botanics Inc. (formerly Kaiyue International Inc.) (CSE: BBT) (the "Company" or "Benchmark") announces the granting of stock options to an officer of the Company effective May 8, 2020 for an aggregate of 200,000 stock options of the Company exercisable at C$0.35, being the closing market price for each common share on May 7, 2020. The Options shall expire and terminate on May 7, 2025. One third of the options vest...
2020-05-14 2:49 PM EDT
Benchmark Botanics Inc. Formulates Strategies for China Hemp Market
Vancouver, British Columbia--(Newsfile Corp. - May 8, 2020) - Benchmark Botanics Inc. (CSE: BBT) (the "Company" or "Benchmark"), a holder of federal licenses to cultivate, process and sell cannabis under the Cannabis Act, is pleased to announce that it has signed a cooperative agreement with China Bast and Leaf Fibres Textile Association (CBLFTA) to research, develop and promote the products and commercial applications for the Cannabis Sativa (hemp) industry.The cooperative agreement...
2020-05-08 12:43 PM EDT
Benchmark Announces Year-End 2019 Financial Results
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2020) - Benchmark Botanics Inc. (CSE: BBT) ("Benchmark" or the "Company") a cannabis producer, today released its financial and operational results for the fiscal year ended December 31, 2019."2019 was a challenging year for cannabis industry as well as Benchmark. While continuing to improve our operational efficiency and develop sales channels we made substantial progress in 2019 developing and building our production capacity with a...
2020-05-01 5:01 PM EDT
Benchmark Botanics Announces Appointment of CFO
Vancouver, British Columbia--(Newsfile Corp. - April 8, 2020) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company"), is pleased to announce that it has appointed Paul Haber, CPA, CA, C. Dir as it's new Chief Financial Officer. Mr. Haber comes to Benchmark with a wealth of public company expertise having helped many companies successfully navigate the capital markets to achieve their expansion and growth plans.William Ying, Chief Executive Officer said, "We are pleased to...
2020-04-08 7:22 PM EDT
Benchmark Botanics Announces Closing of Non-Brokered Private Placement for $1,700,000
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2020) - Benchmark Botanics, Inc. (CSE: BBT) (OTC Pink: BHHKF) (FSE: BBW) ("Benchmark" or the "Company") is pleased to announce that, further to its news release of February 25, the Company has closed its non-brokered private placement financing (the "Private Placement") of 3,400,000 units (each, a "Unit") at a price of $0.50 per Unit for a total gross proceeds of $1,700,000. Each Unit is comprised of one common share of the Company...
2020-03-06 8:39 PM EST
Benchmark Botanics Enters Agreement to Acquire 51% of a Cannabis Research Company
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2020) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company"). Benchmark is pleased to announce that it has entered into a share purchase agreement (the "Agreement") with shareholders of 1187349 B.C. Ltd. ("7349") for the acquisition of 51% of issued and outstanding share capital of 7349 for the purchase price of $510,000 (the "Purchase Price"). 7349 is a company located in British Columbia that holds a cannabis research and...
2020-03-03 2:02 PM EST
Benchmark Botanics Announces Non-Brokered Private Placement of Units to Raise $2,500,000
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company") is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to CAN$2,500,000 (the "Private Placement") with arm's-length parties for up to 5,000,000 Units of the Company (the "Units") at $0.50 per Unit (the "Subscription Price"). The Subscription Price represents over 30% premium to Benchmark's closing...
2020-02-25 6:17 PM EST
Benchmark Botanics Receives the Second Cultivation License from Health Canada
Vancouver, British Columbia--(Newsfile Corp. - December 3, 2019) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company") a cannabis producer, today announced that through its wholly-owned subsidiary and licensed producer Potanicals Green Growers Inc., ("Potanicals"), has received its second cultivation license, effective November 29, 2019, from Health Canada for the Company's joint venture greenhouse operations located in Pitt Meadows, BC.Pitt Meadows Greenhouse site is now fully...
2019-12-03 2:55 PM EST
Benchmark Botanics Reports Q3 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2019) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company") a cannabis producer, today released its financial and operational results for the third quarter ended September 30, 2019.2019 Q3 Highlights:$11,300,000 Private Placement Financing Canada Sales License Received from Health CanadaCannabis Supply Agreement with British Columbia ProvinceExtraction Facility Under Construction"Benchmark continued to progress through...
2019-11-29 6:21 PM EST
Benchmark Botanics Announces Resignation of Director
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2019) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company") announces the resignation of Mr. Johnson Ping Zhang as a director of the company effective November 21, 2019 due to a health issue. The board would like to thank Johnson for his service to the Company and wishes him well in his future endeavors.About Benchmark Botanics Inc.Benchmark is a diversified multi-licensed cannabis producer focused on a three-way...
2019-11-22 8:05 PM EST
Benchmark Botanics and Vission Technology Enter a Letter of Intent for Cannabis Technology
Vancouver, British Columbia--(Newsfile Corp. - October 11, 2019) - Benchmark Botanics, Inc. (CSE: BBT) ("Benchmark" or the "Company") a licensed producer of cannabis for the medical and adult-use recreational markets, announces its intention to cooperate with Vission Technology Inc. to develop Smart Farm Total Solution for optimizing production efficiency.Benchmark Botanics and Vission Technology have signed a non-binding letter of intent to jointly develop a "Smart Farming System Platform"...
2019-10-11 2:30 PM EDT
Benchmark Botanics Announces Cannabis Supply Agreement with British Columbia
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) ("Benchmark" or the "Company") a licensed producer of cannabis for the medical and adult-use recreational markets, is pleased to announce that its wholly-owned subsidiary, Potanicals Green Growers Inc. ("Potanicals"), has signed a Licensed Producer Supply Agreement for Non-Medical Cannabis with the Province of British Columbia.In British Columbia (BC),...
2019-09-26 7:23 PM EDT
Benchmark Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 3, 2019) - Benchmark Botanics Inc. (CSE: BBT) (the "Company" or "Benchmark") announces the granting of stock options to a consultant of the Company for 500,000 stock options of the Company exercisable at C$0.43, being the unit price for each common share of the most recent market price closed on August 30, 2019, effective September 3, 2019. The Options shall expire and terminate on September 2, 2024. The Option shall vest and be...
2019-09-03 7:53 PM EDT
Benchmark Botanics Reports Q2 2019 Results
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) ("Benchmark" or the "Company") a cannabis producer, today released its financial and operational results for the second quarter ended June 30, 2019.2019 Q2 Highlights: Definitive Investment Cooperation Agreement with China-based Zhejiang Yatai Pharmaceutical $11,300,000 Private Placement Financing Canada Sales License Received from Health Canada"Benchmark...
2019-08-30 4:26 PM EDT
Benchmark Botanics Receives Cannabis Sales License from Health Canada
Vancouver, British Columbia--(Newsfile Corp. - August 6, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) ("Benchmark", "BBT" or the "Company") a federally-licensed producer and distributor of medical-grade cannabis, is pleased to announce that its 100% owned subsidiary, Potanicals Green Growers, Inc. ("Potanicals") has received a sales license from Health Canada, effective July 26, 2019.The license allows Benchmark to supply and sell finished cannabis products to...
2019-08-06 8:00 AM EDT
Benchmark Botanics Provides Update on Investment Cooperation Agreement with Zhejiang Yatai Pharmaceutical
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) ("Benchmark", "BBT" or the "Company"), a federally-licensed producer and distributor of medical-grade cannabis, is pleased to provide an update to the news release issued by the Company on May 29, 2019, which announced that Benchmark and Zhejiang Yatai Pharmaceutical Co Ltd. (" Zhejiang Yatai" ) had signed a definitive agreement (the "Investment Cooperation...
2019-07-25 5:40 PM EDT
Benchmark Botanics Announces Closing of Non-Brokered Private Placement for $11,300,000
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (OTC Pink: BHHKF) (FSE: BBW.F) ("Benchmark" or the "Company"). Benchmark is pleased to announce that, further to its news release of May 1, 2019, the Company has closed its non-brokered private placement financing (the "Private Placement") of 28,250,000 units (each, a "Unit") at a price of $0.40 per Unit for a total gross proceeds of $11,300,000. Each Unit is comprised of one common share of...
2019-06-06 11:23 AM EDT
Benchmark Signs Definitive Investment Cooperation Agreement with China-Based Zhejiang Yatai Pharmaceutical
Vancouver, British Columbia--(Newsfile Corp. - May 29, 2019) - Benchmark Botanics, Inc. (CSE: BBT) (FSE: BBW) (OTC Pink: BHHKF) ("Benchmark", "BBT" or the "Company") a federally-licensed producer and distributor of medical-grade cannabis, is pleased to report that it has signed a definitive agreement with China-based Zhejiang Yatai Pharmaceutical Co., Ltd. ("Zhejian Yatai "), a publicly listed company on the Shenzhen Stock Exchange (stock code: 002370), to set up a joint venture company in...
2019-05-29 1:53 PM EDT
Benchmark Botanics Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2019) - Benchmark Botanics Inc. (CSE: BBT) (OTC: BHHKF) (FSE: BBW) ("Benchmark" or the "Company"). Benchmark is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of $12,000,000 (the "Private Placement") with arm's-length parties and certain existing shareholders who have agreed to subscribe by issuing 30,000,000 units of the Company's securities (the "Units") at $0.40 per Unit...
2019-05-01 2:28 PM EDT