Breaks Categories: News

TuesdayMay 05, 2020 10:34 am

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Enters Game-Changing Agreement for Expansion in the California Cannabis Edibles and Beverages Marketplace

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced its entry into a definitive, five-year agreement (the "Agreement") for the production of cannabis edibles and beverages in conjunction with licensed California cannabis operator, Magnolia Extracts, LLC of Lynwood, California. Under the Agreement, Cannabis Global will provide access to its trade secrets and patent pending technologies for chemical-free cannabis and hemp infusions in the production of edibles and beverages containing tetrahydrocannabinol (“THC”). "This deal represents an enormous escalation in terms of our positioning in the California cannabis edibles and beverages marketplace,"…

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MondayMay 04, 2020 2:53 pm

CannabisNewsBreaks – Youngevity International, Inc.’s (NASDAQ: YGYI) Khrysos Industries Launches Business- and Consumer-Facing Web Interface for FDA-Approved Hand Sanitizers

Youngevity International (NASDAQ: YGYI), together with its wholly owned subsidiary, Khrysos Industries, Inc., today announced the launch of a web interface dedicated for the sale of the company's new line of hand sanitizers. The landing page (www.Khrysos-HandSanitizer.com) targets both businesses and consumers and can be accessed for immediate purchase. "We began shipping hand sanitizer on April 7 and we are pleased to be a part of the solution for a product that remains in short supply," Dave Briskie, President and CFO of YGYI, stated in the news release. "This web interface should provide seamless access to our customers for information…

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MondayMay 04, 2020 2:00 pm

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Forms Dedicated Committee to Advance North American Clinical Expansion

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company focused on applying novel and natural treatment protocols to address a broad range of disorders and deficiencies with an emphasis on psychedelic medicine, today announced it has advanced its North American new clinical entity (“NCE”) expansion stratagem via the formation of a dedicated planning committee (the “Committee”). “We will look to capitalize on the fragmented nature of the U.S. ketamine clinic marketplace with the objective of creating a consortium of integrated mood disorder treatment and research facilities,” Gareth Birdsall, CEO of Champignon, said in the news release.…

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MondayMay 04, 2020 11:14 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Invests C$2 Million in Dynaleo, Eyes Significant Opportunity in Cannabis Gummies Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced a C$2 million investment in Dynaleo Inc., an Edmonton-based company focused on white-label manufacturing of edible cannabis gummies for the Canadian market. According to the update, the Company anticipates the investment may become a leading industrial scale Canadian gummies manufacturer and believes it is capitalizing on a significant opportunity in what is currently an underserved and underdeveloped segment of the cannabis market. "We believe that Dynaleo is positioned to become a market leader in cannabis edibles manufacturing in Canada," Canopy Rivers President & CEO Narbé…

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MondayMay 04, 2020 10:43 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Over US$2 Million Private Placement

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced its entry into definitive agreements with certain qualified investors for the sale of 8,978,260 shares ("Shares") of its common stock along with common stock purchase warrants ("Warrants") to purchase up to 8,978,260 shares of its common stock in a private placement (collectively the "Offering") for gross proceeds of over US$2 million. According to the update, the purchase price per Share is US$0.23. The Warrants being issued in connection with the purchase of the Shares are immediately exercisable at an exercise term of five years…

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ThursdayApr 30, 2020 12:25 pm

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Cannabinoid Sciences Research Breakthrough Unveiled by “Project Varin”

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced a research breakthrough in the field of cannabinoid sciences resulting from the company's “Project Varin,” which began earlier this year. According to the update, the research program has yielded a new tetrahydrocannabivarin (“THC-V”) delivery system providing for sustained release of the cannabinoid over a predetermined period of time, as well as two other delivery systems for immediate release. “While these developments add to our growing list of intellectual property, these are much more than technologies that will sit on a shelf,”…

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ThursdayApr 30, 2020 10:33 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Announces Complete Vertical Integration of Ketamine Treatments/Therapies, Closing of AltMed Acquisition

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) continues to strengthen its vertically integrated psychedelic medicine ecosystem via the acceleration of its ketamine topicals prescription fulfillment capabilities. The company today announced the addition of central fill and compounding infrastructure for its proprietary ketamine formulations via a location at one of Canada’s leading retail pharmacy chains (the “Pharmacy”), as well as the dispensing of its products throughout the Pharmacy’s network. “With this arrangement, Champignon boasts complete vertical integration with respect to our rapid onset ketamine treatments and therapies,” Champignon CEO Gareth Birdsall stated in the news release. “From novel formulations to product…

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WednesdayApr 29, 2020 9:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Eyes Record-Breaking April Sales in Strong Structural Growth Boom

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has seen record total monthly cannabis sales and record sequential monthly cannabis sales growth so far in the month of April. According to the update, the company’s total gross cannabis sales for April are running at an annualized pace of more than $6 million, which is an increase of more than 400% over average monthly sales seen in calendar Q1. “This data should help to better contextualize our prior announcement detailing our expansion in total cannabis production capacity,” Cannabis Strategic Ventures CEO Simon…

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TuesdayApr 28, 2020 12:09 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters JV Agreement with Box-Bioscience in Ramped-Up Effort to Meet Demand for Hand Sanitizer, Bulk Products

SinglePoint (OTCQB: SING) today announced that it is ramping up its effort to meet in bound demand for hand sanitizer and other sanitizing products. According to the update, SinglePoint recently entered into an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience that will provide both parties the capability to enhance supply and expand sales opportunities of hand sanitizer. With successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products, setting the stage for a JV between the two companies to supply hand sanitizer manufactured to current FDA guidelines. Box, with new sales…

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TuesdayApr 28, 2020 11:03 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Division Launches New Brand Extension

Supreme Cannabis Company’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES division today announced that it has launched a new brand extension called 7ACRES Craft Collective. With a focus on high THC and remarkable quality, 7ACRES Craft Collective will launch small batches of craft cannabis that is hand selected by the experts at 7ACRES for individual provinces based on their cannabis preferences. The first strain launched under the new brand extension will be a Pink Kush that is grown and exclusively available in British Columbia. “We are excited to launch 7ACRES Craft Collective as a way to bring new and unique…

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