Breaks Categories: News

WednesdayMay 13, 2020 11:43 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Expanded Inventory to Meet Surging Demand

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it will have new expanded inventory ready for sales and shipment next week. According to the update, this follows a sharp surge in sales in early May that left the company “sold out” every week for the past month for the first time in its history. The company recently expanded total production capacity by up to 150%, and the capacity expansion will contribute to inventory going forward as the company translates surging demand into accelerating sales growth. “We have never seen anything like this,”…

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WednesdayMay 13, 2020 10:23 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Reports Record Increase in BudCars Sales Ahead of LA Launch, Expects Continued Dramatic Growth

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service, today announced record growth data for BudCars sales during the month of April, with sales growing 58% on a sequential monthly basis over March sales on an average daily volume basis. According to the update, data for the month of May already indicates a strong continuation of that trend, with May sales on pace to add another 16% over and above the strong breakout sales trend seen in April. “We did about $6,000 per day in sales in March and over $9,500 per day in April, representing a very robust…

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WednesdayMay 13, 2020 10:17 am

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Implements Program to Produce THC-V in Commercially Viable Quantities Following Project Varin Breakthroughs

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today provided an update for current and prospective shareholders as it continues to make strong progress on its "Project Varin" initiative. Project Varin, designed to produce ultra-highly bioavailable exotic cannabinoids, launched earlier this year and, to date, has produced new cannabinoid production techniques, unique time-released polymeric nanoparticles and two novel patent filings. Cannabis Global is now implementing a program to produce commercially viable quantities for use in its own products to be released later this month. “While THC-V is found in very small quantities…

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WednesdayMay 13, 2020 9:33 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) to Acquire Wellness Clinic of Orange County, Advancing North American Clinical Expansion

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, on Tuesday announced the execution of a term sheet with California-based Wellness Clinic of Orange County Inc., further advancing the company’s North American clinical expansion. Per the term sheet, SHRMF is to acquire 100% of the Wellness Clinic and all of its subsidiaries in exchange for payments over an 18-month period totaling: (a) USD $600,000; (b) 1 million common shares of Champignon (the “Initial Share Issuance”); and, (C) 500,000 common shares of Champignon payable only if the Wellness Clinic…

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TuesdayMay 12, 2020 9:36 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Closes Private Placement

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, on Monday announced the close of its private placement financing. The company issued a total amount of 8,028,254 shares of its common stock along with common stock purchase warrants to purchase up to 8,028,254 shares of its common stock for gross proceeds of US$1,846,498 in its first tranche which closed on May 6, 2020. Lexaria closed the second tranche of its private placement on May 11, 2020 for the further issuance of 837,957 shares along with 837,957 warrants for gross proceeds of US$192,730. The warrants are immediately…

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MondayMay 11, 2020 2:18 pm

CannabisNewsBreaks – Supreme Cannabis Company, Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Launches Interactive Website Designed to Help Consumers Find the Perfect Strain

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) was featured in a recent article that described the launch, through its 7ACRES division, of meetyourtastebuds.com, an interactive website designed to help consumers across the country find the perfect strain. "We are very excited to launch this interactive tool and help consumers distinguish their cannabis taste preferences,” Supreme Cannabis VP, Marketing & Communications, Nicole Sale, stated in the article. “Taste plays a big part in a user's cannabis experience and, along with look and smell, can be a good differentiator of quality cannabis. During this difficult time of social distancing, consumers…

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MondayMay 11, 2020 12:36 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) and Budcars Featured in The Stock Day Podcast to Discuss Potential of On Demand Cannabis Delivery

Sugarmade (OTCQB: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, today announced that its CEO, Jimmy Chan, as well as the CEO of Budcars, Clinton Walker, were featured on The Stock Day Podcast hosted by Everett Jolly. The interview covered various topics, including the strategy to target California and the on demand delivery market, as well as the Sugarmade and Budcars partnership and future outlook. "We're in the process of opening three more locations throughout 2020," Walker said in the interview, when asked where he sees Budcars in one to two years. "We…

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MondayMay 11, 2020 11:18 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) to Release and Host Conference Call for Q1 2020 Results

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that it will release its first quarter 2020 results after the close of markets on Thursday, May 14, 2020. In addition, VIVO Cannabis’ senior management will host a conference call at 10 a.m. ET on Friday, May 15, 2020, to discuss the results. Interested parties may join the call by dialing 647-427-7450 or 1-888-231-8191 and entering conference ID: 8835659. The live webcast may be accessed by visiting http://cnw.fm/x2Jhw and will be archived for 90 days. To view the full press release, visit http://cnw.fm/5sMsF About VIVO Cannabis(TM) VIVO Cannabis(TM) is recognized for trusted,…

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MondayMay 11, 2020 10:36 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q4 and Fiscal Year 2020 Financial Results, Host Conference Call and Webcast

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that it will report its financial results for the fourth quarter and fiscal year ended March 31, 2020 before markets open on Friday, May 29, 2020. According to the update, the Company will also host a conference call and audio webcast, led by its President and CEO Narbé Alexandrian and CFO Eddie Lucarelli, following release of its results. The call is scheduled to take place at 9:00 AM Eastern Time on May 29, 2020. Interested parties may join the call by dialing 888-390-0546 (North America…

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MondayMay 11, 2020 9:58 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Announces Appointment of Dr. Roger McIntyre as Chief Executive Officer

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences Company with an emphasis on ketamine and psychedelic medicine, today announced its appointment of Dr. Roger McIntyre as its Chief Executive Officer. Among several additional roles, Dr. McIntyre is a Professor of Psychiatry and Pharmacology at the University of Toronto and Head of the Mood Disorders Psychopharmacology Unit at the University Health Network, Toronto. “We are extremely pleased and fortunate to be able to bring Dr. McIntyre aboard as CEO,” Champignon Director Gareth Birdsall stated in the news release. “Dr. McIntyre’s is the world’s leading authority on depression…

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