Breaks Categories: News

TuesdayApr 28, 2020 10:56 am

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Provides Update in Transition Toward Monetization of Market-Leading Intellectual Property

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today provided an update to current and prospective shareholders as it begins to transition toward monetization of its market-leading intellectual property involving isolation, infusion and bio-enhancement of potent cannabinoids. "This continues to be a transformative period for Cannabis Global as we start to realize a commercial return on our foundation of strong R&D investments," Cannabis Global CEO Arman Tabatabaei said in the news release. "We strongly believe we have positioned the Company as a market leader in the cannabis, hemp, and CBD products…

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TuesdayApr 28, 2020 10:15 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Chosen as Headline Partner for PSYCH: The Psychedelics Symposium

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 that it has been chosen as the Headline Partner for Prohibition Partners LIVE’s PSYCH: The Psychedelics Symposium (“PSYCH”). The psychedelics virtual conference, scheduled to take place June 22 - 23, 2020, will highlight the most recent developments in the psychedelic industry, hear from world-renowned speakers and engage with a network of industry-leading professionals. “The impact of COVID-19 has put greater emphasis on…

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TuesdayApr 28, 2020 9:59 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Issues Shareholder Letter with Status Update During COVID-19

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today issued a letter to shareholders from its CEO, Jesus Quintero, that provided a status update on MCOA during the COVID-19 pandemic. The update covers steps Quintero has taken to steer MCOA to success and profitability, with a focus in recent months on streamlining the company’s organizational structure to minimize operational costs and continue to strengthen its sales. “Our primary sales strategy capitalizes our Network Marketing program, which has been operating successfully over these past three years with growth and success,” Quintero stated in the letter. “My vision…

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MondayApr 27, 2020 10:17 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada ("Hain Canada"), as the Company's president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company's operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods ("CPG") company. Moore will continue to serve as a director of the Company and…

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MondayApr 27, 2020 9:48 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Update on Timing of Annual Filings

Plus Products (CSE: PLUS) (OTCQX: PLPRF) on Friday announced that, as a result of the COVID-19 pandemic, it will be relying on the coordinated relief provided by the securities regulators, which consists of a 45-day extension for certain periodic filings, as announced by the Canadian Securities Administrators (“CSA“) on March 18, 2020. According to the update, Plus Products will rely on this relief with respect to the filing of its annual financial statements, management’s discussion and analysis, and related officer certificates for its financial year ended December 31, 2019. The Company will provide a further update concerning the exact timing…

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FridayApr 24, 2020 9:54 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Finding Opportunity in Chaotic Times on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed finding opportunity in chaotic times. Discussing the impacts of covid-19, Lambrecht stated, “It forced the company to go virtual. We’ve had our phone operators set up meetings on GoToMeeting and, because of that, we’ve expanded from…

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ThursdayApr 23, 2020 11:38 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Sharp Expansion in Production Capacity at the Farm

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has increased the total cannabis production capacity at NUGS Farm (the “Farm”) by 88% to 150% as a result of recent management decisions and production upgrades. According to the update, the company expects to produce between 1,500 pounds and 2,000 pounds of cannabis product over the next 45-60 days, and similar amounts of product over subsequent 45-60 day periods. “We have sharply expanded our production capacity to take advantage of an extremely advantageous context,” Cannabis Strategic Ventures CEO Simon Yu said in the…

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ThursdayApr 23, 2020 10:19 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Commences Trading on the OTCQB Venture Market

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 that its common shares have graduated from the OTC Pink Open Market to the OTCQB Venture Market (the “OTCQB”), a U.S. trading platform operated by the OTC Markets Group. Effective immediately, Champignon Brands will commence trading on the OTCQB under the ticker symbol “SHRMF.” Champignon’s common shares will continue to trade under the ticker symbol “SHRM” on the Canadian Securities Exchange as…

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ThursdayApr 23, 2020 10:10 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Notice of Allowance for New Patent, Issuance of Stock Options Under Equity Incentive Plan

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced its receipt of a Notice of Allowance from the United States Patent and Trademark Office ("USPTO") for a new patent. According to the update, the new patent provides additional claims that protect the use of its DehydraTECH(TM) technology together with cannabinoids, nicotine, nonsteroidal anti-inflammatory drugs, or vitamins in mix and serve beverage formats. This patent, with application number 16/497,920 under the title "Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof," signifies another addition to Lexaria's first patent family, under…

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WednesdayApr 22, 2020 11:59 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Private Placement, Date for Release of Q4 Earnings

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Tuesday announced a non-brokered private placement for gross proceeds of C$20,000,000, with, at the company’s discretion, the ability to upsize the amount to an aggregate gross proceeds of C$25,000,000. According to the update, the company expects to use the proceeds of the Offering for general working capital purposes. “Despite the challenging capital markets environment, we are extremely fortunate to announce this financing and to have continued support from management and insiders who have been instrumental in Flowr’s founding, strategic direction and financing since inception,” Flowr’s CEO Vinay Tolia stated in the news…

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