Author Archives: Aaron Bower

Ascent Industries Wholly-owned Subsidiary Receives Notification of Potential Suspension, Revocation or Non-renewal of Business License

Vancouver, B.C. – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) wishes to advise that Sweet Cannabis (“SC”), the Company’s wholly-owned subsidiary operating in Las Vegas, Nevada has received notice from Clark County’s Department of Business License (the “Department”), of the potential suspension, revocation or non-renewal of SC’s Master Marijuana License (the “License”) in Clark County, Nevada. […]

Ascent Industries Accepts Director Resignation

Vancouver, B.C. – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) announces that Mark Brown has resigned from the Company’s Board of Directors. The Company thanks Mr. Brown for his substantial contributions. About Ascent Industries Corp. The Company’s operations currently include facilities in British Columbia, Canada; and in Oregon and Nevada in the United States. In Canada, […]

Ascent Industries Provides Corporate Update

Vancouver, B.C. – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) announces that the Company’s General Counsel Karim Lalani has been appointed to the Board of Directors. Amy Margolis has resigned from the Company’s Board of Directors for personal reasons. The Company thanks Ms. Margolis for her contributions. In addition, the Company has taken measures to protect […]

Ascent Industries Engages Clarus Securities

Vancouver, B.C. – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) today announced that it has engaged Clarus Securities as financial advisor to explore and evaluate a broad range of strategic alternatives to strengthen its balance sheet and maximize the value of the Company. “While the Company is focused first and foremost on remedying the situation with […]

Ascent Industries Corp. Adds Blair Jordan as Director

Vancouver, B.C. – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) announces that Interim CEO Blair Jordan has been appointed to the Company’s Board of Directors. Dr. Perry Kendall has resigned from the board to pursue an interest in public health. The Company thanks Dr. Kendall for his contribution. About Ascent Industries Corp. The Company’s operations currently […]

Ascent Industries Corp. Granted Extension by Health Canada

Vancouver, British Columbia – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company“) reports that Health Canada has granted the Company‘s wholly-owned subsidiary, Agrima Botanical Corp. (“Agrima”), additional time to be heard under the Cannabis Act and Cannabis Regulations with respect to the suspension and proposed revocation of the Canadian producer’s licence and dealer’s licence issued to Agrima. Agrima […]

Ascent Expands on Strategy to Become an Industry Leader in Rapidly Expanding Hemp/CBD Market

Vancouver, British Columbia – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company”), through its wholly owned subsidiary, Thirty Eight Hemp Corp. (“Thirty Eight Hemp Co.”), continues to prepare for an emerging hemp and cannabidiol (“CBD”) market. The regulatory regime in the United States relating to CBD is undergoing a significant transformation and the Company believes […]

Ascent Industries Provides Update on Cannabis Research Initiatives with Simon Fraser University

Vancouver, British Columbia – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company”) is pleased to announce that its wholly-owned subsidiary Agrima Botanicals Corp. (“Agrima”), a licensed producer of cannabis located in Maple Ridge, B.C., and Simon Fraser University’s plant biologist Dr. Zamir K. Punja, further to a Collaborative Research and Development grant, which is […]

Ascent Partners Toko Oil With Award Winning PAX Vaporizer

Vancouver, British Columbia – Ascent Industries Corp. (CSE: ASNT) (“Ascent” or the “Company”) is pleased to announce that through a wholly owned subsidiary it has entered into a brand partnership agreement (the “Agreement”) with PAX Labs Inc. (“PAX”), pairing Ascent’s TOKO brand oil with the award-winning PAX Era premium cannabis vaporizer for distribution in the state […]