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Occasional Observations

"Natural Medicine Extractors"

MEDXTRACTOR CORP. REPORTS FINANCIAL RESULTS FOR YEAR ENDED FEBRUARY 29, 2020

Calgary, Alberta – May 19, 2020. MedXtractor Corp. (CSE: MXT) (“MXT” or the “Corporation”) announces its financial results for the year ended February 29, 2020. MXT had positive cash flows from operations of $92,117 and incurred a net loss of $36,598 for the year ended February 29, 2020. On February 29, 2020, MXT had working…
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MEDXTRACTOR CORP. REPORTS RECORD REVENUES AND NET PROFIT IN Q3 2020

For Immediate Release Calgary, Alberta – January 9, 2020. MedXtractor Corp. (CSE: MXT) (“MXT” or the “Corporation”) announces net profitable operations for the quarter ended November 30, 2019 and positive cash flow for the nine months ended November 30, 2019.  As the Corporation’s fiscal year-end is February, the quarter ended November 30, 2019 is Q3,…
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MEDXTRACTOR CORP. ANNOUNCES LISTING ON THE CSE

P R E S S   R E L E A S E MEDXTRACTOR CORP. ANNOUNCES LISTING ON THE CSE For Immediate Release Calgary, Alberta – October 23, 2019. MedXtractor Corp. (CSE: MXT) (“Medx” or the “Corporation”) is pleased to announce it has received a receipt from the Alberta Securities Commission for the filing of its…
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Michigan unveils license instructions adult-use cannabis market

There are multiple levels of licenses – in one case, a licensee can have up to 500 plants, process into concentrate, make edibles, and sell them to the public at the retail level. This is exactly the market that MedXtractor targets and a great example of what we hope from other jurisdictions going forward.  Here…
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Regarding the vape controversy

Vaping has been going on for years and there are millions of vapers in the US alone. Standard vape pens that you see for sale in the corner store often use a mixture of propylene glycol “(PG”), polyethelene glycol (“PEG”) and vegetable glycerine (“VG”) as the carrier diluent for flavours and nicotine. Very recently there…
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MEDXtractor successfully completes it’s Offering Memorandum (“OM”) Financing

Now that the OM is successfully closed, the Company plans to file a “non-offering” prospectus to become a Reporting Issuer whereafter the Company will apply to become publicly-traded on a Canadian Stock Exchange. For further information contact Jim Durward at (403) 689-3901 or email [email protected].

Doing the math

2019 Q1 – Health Canada reports: “An estimated 47% of cannabis users or 2.5 million Canadians obtained cannabis from legal sources in the first three months of 2019” 2019 Q1 Sales Figures reported by Health Canada can be found here. (pricing and equivalency assumptions below are made by the writer) Flower – 6700kg = 14,740lbs X 16 = 235,840oz…
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Is there a future for craft cannabis?

In the beer market, retail dollar sales of craft increased 8%, up to $26.0 billion, and now account for more than 23% of the $111.4 billion U.S. beer market. (source: Brewers Association) Look in any large alcohol outlet and you’ll find a LOT of craft brands. And in different geographies you’ll find different craft brands.…
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MEDXtractor at the Lift & Co Expo in Vancouver

MEDXtractor will be showing its affordable small-scale cannabis oil CO2 extractors at Booth F at the Lift & Co. Expo in Vancouver from January 10-13, 2019. If you are attending the expo, stop by to talk to us and learn more about our extractors. You can purchase the expo tickets here.

Health Canada seminar about applying for a micro-class licence

  Date of the event: Thursday, December 13, 2018 Time of the event: 1:30 pm EST Below is an Eventbrite link with instructions and details to register for the Health Canada WebEx session about applying for a micro-class license. https://www.eventbrite.ca/e/applying-for-a-micro-class-licence-demande-de-license-de-micro-culture-registration-52941962836 Password:  Canada2018