Breaks Categories: News

MondayJun 29, 2020 11:31 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Non-Dilutive Share Exchange Transaction, Share Structure Update

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced the completion of a non-dilutive share exchange transaction (the “Transaction”), under which an existing Company shareholder exchanged 75,500 Common Shares for 15,100,000 newly created Class B Common Shares (the “Class B Subordinate Voting Shares”), on the basis of 200 Class B Subordinate Voting Shares for each Common Share. Per the update, the aggregate value of the exchanged Common Shares (CAD$0.7405 per share, representing an aggregate value of CAD$55,907.75) was equivalent to the aggregate value of the newly issued Class B Subordinate Voting…

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MondayJun 29, 2020 11:08 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Expiry of Forbearance Agreement with Green Ops

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Friday announced the expiration of the forbearance period (“Forbearance Period”) pursuant to the terms of the forbearance agreement (the “Forbearance Agreement”) with Green Ops Group LLC (“Green Ops”) previously announced on May 20, 2020.  Per the update, the expiration of the Forbearance Period entitles Green Ops to exercise any and all of its rights under the loan documents and applicable law, and GGB is precluded from contesting any such enforcement action under a separate Voluntary Surrender of Collateral in Satisfaction of Debt and Release Agreement among the parties. To view the full…

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MondayJun 29, 2020 10:15 am

CannabisNewsBreaks – Psychedelic Investment Opportunities to be Showcased at Benzinga Cannabis Conference’s Virtual Deal Room Event

The Benzinga Cannabis Capital Conference’s Virtual Deal Room event is set to take place Tuesday, June 30 from 10:00 AM - 6:00 PM EDT. This installment of Benzinga’s Deal Room series will shine a spotlight on investment opportunities within the psychedelics industry. Among other highlights, the event will feature presentations and one on one video meetings with selected CEOs within the psychedelics space. Presenting companies include Mind Medicine Inc. (NEO: MMED) (OTCQB: MMEDF) (“MindMed”), a leading neuro-pharmaceutical company for psychedelic inspired medicines, and Ehave, Inc. (OTC: EHVVF), an evidence-based therapeutic intervention provider. To register for the event, visit http://cnw.fm/hB58i About…

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MondayJun 29, 2020 10:08 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Update on Adult-Use Products

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, ABcann Medicinals Inc. and Harvest Medicine Inc., today provided an update on its adult-use cannabis products. According to the update, VIVO recently made initial shipments of its Fireside X shatter product to several provincial wholesalers, representing its second significant concentrates product format launch with an expected significant contribution to the Company's revenue. "I am pleased to announce that our early shatter sales have exceeded our expectations. We have shipped to…

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FridayJun 26, 2020 3:35 pm

CannabisNewsBreaks – Round Meadow Holdings Corp.’s Budtender Awards Recognizes Ashley Cardenas

Round Meadow Holdings’ (“RMH”) Budtender Awards today named Ashley Cardenas as Budtender of the Week. The update reads, “Ashley is a Budtender at Happy Time in Yakima, Washington. Her favorite part of being a Budtender is gaining and sharing knowledge. To her, ‘cannabis means self freedom that leads to self expression.’” For more information, visit www.BudtenderAwards.com. About Round Meadow Holdings Corporation Round Meadow Holdings is a professional organization that represents accountability, delivering business solutions created exclusively for the expanding cannabis industry. A synergistic portfolio of cannabis service companies, RMH is dedicated to supporting the competitive cannabis landscape and its participants…

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FridayJun 26, 2020 1:00 pm

CannabisNewsBreaks – Fusion CBD Joins Hemp For Our Future to Take Care of the Caretakers on the Front Lines of COVID-19

Fusion CBD, a visionary leader in the hemp industry, today announced that it has joined the Hemp For Our Future initiative and is donating U.S.-made full-spectrum hemp products to local healthcare heroes and frontline workers. According to the update, in order to take care of the caretakers on the front lines of COVID-19, Fusion CBD is donating therapeutic-level CBD products and hand sanitizer with hemp and essential oils to New York healthcare workers to help protect and heal their skin, help their muscles recover, and help them de-stress. Fusion CBD began donating to nurse associations in April, recently sending a…

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FridayJun 26, 2020 12:06 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) CEO Discusses Expansion and the Road Ahead in Shareholder Letter

Sugarmade (OTCQB: SGMD) today released a shareholder letter on behalf of its CEO, which discussed tremendous growth of its BudCars business, preparations to open a BudCars hub in Los Angeles, as well as what the company believes is a much larger opportunity ahead. “We have completed considerable analysis, the results of which point to strong returns from capital investment in both verticalizing BudCars operations and expanding to multiple new regions,” Sugarmade CEO Jimmy Chan stated in the letter, discussing the path, supported by end-demand and market positioning, which offers the potential to expand at extremely cost-effective levels in the second…

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FridayJun 26, 2020 11:42 am

CannabisNewsBreaks – Industry Experts “In the Know” Featured in The Bad Crypto Podcast Episode #420, “Cannabis, Crypto & Blockchain”

InvestorBrandNetwork’s Communications Director, Jonathan Keim, along with PotCoin’s Community Lead, Josh In The City, and uber Lawler & Del Duca LLP Partner, Josh Lawler, recently joined The BAD Crypto Podcast in an episode titled, “Cannabis, Crypto & Blockchain.” During the episode, the guests, familiar to the industry that is “a bigger business than ever before” went “down the cannabis rabbit hole” in a “chill out, smoke if you got em and listen in aptly numbered episode #420 of The Bad Crypto Podcast.” “It’s hard to know even where to start in terms of where things intersect,” Keim said in the…

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WednesdayJun 24, 2020 11:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Achieves Continued Robust Growth, on Pace for Record Month

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced continued robust growth in total volume of cannabis sales and revenues from cannabis sales during the month of June, which is now on pace to set a new Company performance record. “We continue to benefit from our decision in March to get more aggressive rather than retrench in response to the coronavirus crisis,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “The cannabis shortage we have seen in California since that time has afforded us a golden opportunity to sharply expand…

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WednesdayJun 24, 2020 11:04 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Hold AGM in December 2020

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced plans for its Annual General Meeting ("AGM"). According to the update, due to ongoing concerns related to the 2019 novel coronavirus ("COVID-19") and in order to provide its shareholders with the opportunity to have an in-person meeting, the Company has decided to hold its AGM on December 15, 2020. "Holding our AGM in December increases the likelihood of being able to have an in-person format, which is preferred, while we will continue to provide regular business updates reflecting our scaled operations to…

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