Breaks Categories: News

WednesdayJan 29, 2020 10:51 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces New, Bold Shift in Business Strategy, Eyes On-Demand Revolution of the Cannabis Sector

Sugarmade (OTCQB: SGMD) today announced a new and bold shift in its business strategy toward the virtualization of the cannabis sector as part of the major shift in the U.S. business model toward an on-demand economy. According to the update, Sugarmade will make several strategic moves over the coming weeks as it launches on-demand and related business operations via internally developed initiatives and new relationships with proven sector business operators. “Things are changing in society and in the economy as virtualization proliferates. Many of the most dynamic and innovative growth companies are part of this on-demand revolution and it is…

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TuesdayJan 28, 2020 2:00 pm

CannabisNewsBreaks – TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) Announces Changes to Executive Leadership Team

Global cannabis company TerrAscend (CSE: TER) (OTCQX: TRSSF) this morning announced that it has made modifications to its leadership team in coordination with the company’s focus on its rapidly scaling U.S. retail, manufacturing, and distribution operations. Michael Nashat has stepped down as CEO but will continue to serve as a member of the Board of Directors and act as a strategic advisor to the company. Jason Ackerman, executive chairman of the company, has been named interim CEO. “While it was a difficult decision, I believe given TerrAscend's premier operating assets in the United States, it is now time for me…

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MondayJan 27, 2020 1:42 pm

CannabisNewsBreaks – GP Solutions, Inc.’s (GWPD) “Prolific” Allows Beginners to Professionals to Grown Grow Clean, Nutrient-Dense Fruits and Vegetables

GP Solutions (OTC: GWPD), the developer of "GrowPods" – controlled environment automated micro-farms, announced that Prolific products, its line of innovative nutrients and growth mediums, are now available on Amazon. Previously available solely to commercial growers, the smaller sized packages allow consumers to grow clean, uncontaminated food of the highest quality. "Prolific is perfect for growing organic vegetables and herbs in any environment, including indoor or outdoor farms, greenhouses, potted plants, and shipping containers," GP Solutions President George Natzic said in the news release. "These innovative products are suitable for beginners to professional farmers, and anyone who wants to grow…

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MondayJan 27, 2020 1:02 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) to Present at MjInvest.com’s MjMicro Virtual Investor Conference

MjLink.com Inc., a wholly owned subsidiary of Social Life Network, Inc. (OTCQB:WDLF), today announced Plus Products (CSE: PLUS) (OTCQX: PLPRF) as a Featured Presenter at its MjMicro Virtual Investor Conference hosted by MjInvest on Wednesday, January 29 at 12:30 p.m. ET. According to the update, the event provides both public and private cannabis companies a platform to pitch and present their stories to investors through an online virtual conference, while providing a unique opportunity for private and institutional investors access and deal-flow to the best-in-class cannabis companies in the world. During the virtual conference, Plus Products Co-Founder, CEO and Director…

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MondayJan 27, 2020 12:26 pm

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roaster’s Café La Rica Added to Publix Coffee Planogram

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced that it has been added to the coffee planogram for Publix Miami Division with KeHE, one of the largest and most respected specialty food distributors implementing the Café La Rica distribution. According to the update, Café La Rica will control up to three facings in each location, depending on the size of the stores. "We continue to expand our footprint with our Café La Rica Brand and our sell-through has continued…

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MondayJan 27, 2020 10:58 am

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) Files Patents Related to Method-of-Use and Composition-of-Matter Claims for Non-Selective Bio-Herbicide

MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF), an agricultural biotech company developing and commercializing a portfolio of natural, science-based biological crop protection products, today announced the filing of patents related to method-of-use and composition-of-matter claims for a biological non-selective bio-herbicide, based on its signature mustard-derived approach to controlling unwanted pests and diseases. According to the update, MustGrow has completed a series of application rate tests with Canada’s National Research Council to determine the applicability of its natural mustard-derived technology as a bio-pesticide. Herbicidal control of trial plants from the root up was achieved after only 72 hours, with the strong…

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FridayJan 24, 2020 12:14 pm

CannabisNewsBreaks – Cresco Labs (CSE: CL) (OTCQX: CRLBF) Enters Senior Secured Credit Agreement

Cresco Labs (CSE: CL) (OTCQX: CRLBF), one of the largest vertically integrated multistate cannabis operators in the United States, today announced its entry into a non-brokered credit agreement for a senior secured term loan in an initial aggregate principal amount of up to US$100 million, with a mutual option to increase the size of the facility to a maximum of US$200 million. The company expects to complete an initial drawdown of up to US$100 million on or about January 30, 2020, subject to the satisfaction of customary funding conditions, and intends to use the proceeds for the expansion of operations…

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FridayJan 24, 2020 11:16 am

CannabisNewsBreaks – AgraFlora Organics International Inc. (CSE: AGRA) (Frankfurt: PU31) (OTC: AGFAF) Receives UK Home Office Controlled Drug License

AgraFlora Organics International (CSE: AGRA) (Frankfurt: PU31) (OTC: AGFAF), a growth oriented and diversified international cannabis company, yesterday announced that Farmako GmbH, through its wholly owned subsidiary Farmako Limited has received its Home Office Controlled Drug License. According to the update, Farmako Limited was awarded the License less than one month following the successful completion of its inspection by the UK Home Office in December 2019. With the License, Farmako Limited plans to commence wholesaling medical cannabis in the UK by mid-year 2020, including importation of Bedrocan products to the UK from the Netherlands for patient distribution. “The UK medicinal…

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FridayJan 24, 2020 9:26 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) President Dismisses Talk of Reverse Stock Split 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 President Will Ralston discussed the company’s solar business, stating, “Solar has been big for 2019 and we plan to continue that into 2020.” He went on to write off any talk of a reverse split for the company. “First of…

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ThursdayJan 23, 2020 1:51 pm

CannabisNewsBreaks – 2020 Benzinga Cannabis Capital Conference to Bring Together Industry Movers and Shakers

The Benzinga Cannabis Capital Conference, the premier cannabis gathering and networking event now in its sixth installment, is headed to Miami next month. Set to take place at the Fontainebleau Miami Beach Hotel from February 24-25, the event will draw cannabis entrepreneurs and investors from across North America to learn about and discuss the growing industry. Benzinga today announced an expansive list of high-profile speakers scheduled to shed light on the hottest topics, trends and insights at the Miami event. "This conference is about bringing together the movers and shakers behind the industry. Hundreds of millions of dollars have been…

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