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TuesdayJun 11, 2019 10:36 am

Geyser Brands Inc. (TSX.V: GYSR) Moves Forward with Acquisition of Hemp- and CBD-Based Pet and Consumer Health Care Brands

Geyser Brands is entering into a definitive agreement for the acquisition of Solace Management Group for an aggregate purchase amount of $3.9 million The acquisition will enable Geyser to broaden the scope of its CBD- and hemp-based product range, helping solidify its position on the international market Solace has an extensive portfolio of pet and consumer products, as well as licensing distribution and production arrangements Consumer health care company Geyser Brands Inc. (TSX.V: GYSR) recently announced its entry into a definitive agreement for the acquisition of Solace Management Group Inc., a private corporation existing under the laws of British Columbia.…

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TuesdayJun 11, 2019 10:15 am

VPR Brands LP’s (VPRB) Top Line Growth Highlights Scalability Fueled by Capital Infusion

VPR Brands’ quarterly revenues are up by 31 percent The company maintains healthy gross operating margins in excess of 40 percent The e-cigarette/vapor market is estimated to hit $9 billion in 2019 Recent financial results released by VPR Brands LP (OTC: VPRB) show that the multi-brand developer and marketer of nicotine and cannabis products has what it takes to scale up successfully. Revenues for the first quarter of 2019 are up, year-over-year, approximately 31 percent, continuing the trend from the year before, when the top line for 2018 climbed to $4,613,300 and marked a 28 percent increase over 2017 revenues of…

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TuesdayJun 11, 2019 10:00 am

Looking Ahead to the Action from the Cannabis Drinks Expo in San Francisco

High-profile event for cannabis industry coming to California in July 2019 SAN FRANCISCO, JUNE 11, 2019 -- via CannabisNewsWire -- On July 25, San Francisco is going to become the center of the U.S. cannabis industry, as hundreds of individuals involved in the development, production, distribution and retailing of cannabis drinks and related alcoholic beverages make their way to California for the first-ever Cannabis Drinks Expo. The conference, which is intended to help participants unlock new opportunities in the fast-growing U.S. cannabis industry, will include a full day of panel discussions, Q&A sessions, and speaker presentations from some of the…

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TuesdayJun 11, 2019 9:55 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Announces C$15M Investment Commitment in Infused Chocolate Production Facility

Anticipating Canadian legalization of adult-use cannabis edibles in October 2019, Organigram recently announced a C$15 million investment commitment in a high-speed, high-capacity, fully automated chocolate line Production capacity is expected to be about 4 million kilograms per year of exceptional chocolate cannabis edibles The company’s chocolate launch is being led by a product development and production team with more than 25 years of combined chocolate experience and expertise Canada is drawing closer to the legalization of edibles and derivative products, which is expected to occur this fall. As noted by Green Entrepreneur, edibles are expected to increase to 12-14 percent…

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TuesdayJun 11, 2019 9:00 am

Demand for CBD Places Power in Hands of Extraction Providers

CannabisNewsWire Editorial Coverage: Extraction technology plays a crucial part in the production of cannabidiol (CBD) from hemp. Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile), a company already established in the hydroponic equipment business, is making plans to add extraction technology to its repertoire. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has been researching new medical applications for CBD and related chemicals — medicines for which extraction will be critical. KushCo Holdings Inc. (OTCQX: KSHB) has moved from providing support services to CBD-related companies to running its own store and has recently bolstered its leadership team for further growth. Harvest Health &…

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TuesdayJun 11, 2019 9:00 am

Dramatically Improved Delivery Systems Promise More Effective Cannabis Treatments

CannabisNewsWire Editorial Coverage: Experiments with next-generation delivery systems appear certain to lead to better cannabis-based products. Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) (LXRP Profile) has recently seen spectacular improvements in the effectiveness of cannabinoids thanks to its proprietary chemical delivery treatment. GW Pharmaceuticals Plc (NASDAQ: GWPH) (OTC: GWPRF), which has won widespread praise for its innovative medical work, has seen good trial results for a new treatment for seizures.  Tilray Inc. (NASDAQ: TLRY) is supporting studies into the uses of cannabinoids to treat behavioral problems and HIV. MariMed Inc. (OTCQB: MRMD) has set up a subsidiary focused on CBD,…

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TuesdayJun 11, 2019 4:20 am

420 with CNW – New Technologies Offer Solutions to Cannabis Dosing Challenges

One of the biggest issues that has stood in the way of medical marijuana patients and healthcare professionals has been the challenge of how to determine the precise dosage to be administered in order to attain the required therapeutic effects. Additionally, it has been hard to find cannabis products whose potency is uniform in order to trigger repeatable outcomes in patients. To compound matters even further, CBD normally brings therapeutic effects at a certain specific concentration. Anything greater or lower than that optimum level reduces its efficacy. The marijuana industry has responded to these challenges by getting more clinical and…

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MondayJun 10, 2019 4:20 pm

420 with CNW – First Cannabis Charity Launches in Canada

Hope for Health, a Toronto-based charity, has been launched as the first cannabis charity registered by the Canadian government. The charity is registered in the category of organizations whose intention is the “advancement of education.” Hope for Health says it aims to enable patients to manage their health effectively while also giving them the autonomy to choose which cannabis products and cannabis producers to deal with. The charity kick-started its operations amidst fears that medical marijuana patients are getting reduced attention as more attention is directed towards the recreational market. This is seen in the rising medical marijuana product prices.…

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MondayJun 10, 2019 12:09 pm

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q1 Results, Begins Trading on OTCQX Best Market

The company maintains the top two best-selling edible cannabis products in California Plus is working to make cannabis safe and approachable for all The company recently reported a 4.9 percent increase in sales over Q4 2018, bringing Q1 2019 retail sales to $10.84 million Plus recently commenced trading on the OTCQX Best Market Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) recently released its unaudited first quarter 2019 results (http://cnw.fm/CxBl2). As the edibles’ share of the cannabis market continues to grow, PLUS is well positioned to lead the way in the branded products space. The company is one of the fastest-growing brands…

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MondayJun 10, 2019 11:47 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Purchases Key Assets, Continues Aggressive Expansion

Innovative Properties officially changed its name to Nabis Holdings Inc. Nabis Holdings continues to pursue investment in high-performing operators in the cannabis industry The company purchased assets from PDT Technologies to expand its production and licensing capabilities Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a Canadian investment company pursuing interests in high-quality cash-flow assets in real estate, securities, cryptocurrency and all branches of the cannabis sector, has undergone a name change. Nabis Holdings will continue its focus on strategic revenue generation by investing in successful vertically integrated operators. Effective May 6, 2019, the company formerly known as Innovative Properties…

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