Breaks Categories: News

WednesdayDec 18, 2019 11:23 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Distribution to New Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced expansion of Canadian distribution to all ten provinces, with select brands to be available in Québec and Newfoundland and Labrador. According to the update, Supreme Cannabis entered into a letter of intent with Société Québécoise du Cannabis ("SQDC") to supply 7ACRES products to retail stores across Québec. The company, on November 21, 2019, also entered into a formal agreement to supply the Newfoundland and Labrador Liquor Corporation ("NLC") with 7ACRES high-end cultivars. “With increased packaging capacity we are pleased to have the recreational supply necessary to serve new consumers…

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WednesdayDec 18, 2019 10:26 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Prices $5.58M Series D Cumulative Redeemable Perpetual Preferred Stock Offering

Youngevity International (NASDAQ: YGYI, YGYIP), a leading multi-channel lifestyle company, today announced the pricing of its underwritten public offering of 245,398 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock at a price to the public of $22.75 per share. Youngevity expects approximately $5.58 million in gross proceeds from the offering, from which it intends to use the net proceeds for working capital and other general corporate purposes. The closing of the offering, subject to the satisfaction of customary conditions, is expected to occur on or about December 20, 2019. The shares of Series D Preferred Stock trade…

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TuesdayDec 17, 2019 11:35 am

CannabisNewsBreaks – How Marketing and PR Strategies Help CBD Brands Stand Out Amidst Tight Competition

USA CBD Expo recently published an article on the rapid growth of the cannabidiol (“CBD”) industry, as well as tips on capturing a share of the market amidst uncertainty and tight competition. The article discussed the need for both startups and established brands to deploy a mix of marketing and public relations strategies to truly stand out from competitors. Discussing the advantages of engaging PR firms and newswire services, the article reads, “Public relations strategies remain one of the most effective ways available for cannabis brands to gain recognition and reach new audiences. Consistent placements in the media can greatly…

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TuesdayDec 17, 2019 10:41 am

CannabisNewsBreaks – MCTC Holdings, Inc. (MCTC) Featured in Exclusive Audio Interview to Discuss Strategy, Plans for Exotic Cannabinoids

MCTC Holdings (OTC: MCTC), doing business as Cannabis Global Inc., today announced the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. During the interview, Cannabis Global Chairman and CEO Arman Tabatabaei discussed the Company’s strategy to take advantage of opportunities in the cannabis industry while avoiding overcrowded market niches. “The area we are targeting is the middle part of the market, specifically the post-processing of the refined hemp and cannabis products,” Tabatabaei said in the interview. “Our aim is to take refined…

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MondayDec 16, 2019 9:55 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Announces FINRA Filing to Change Corporate Name and Stock Ticker Symbol

Grapefruit Boulevard Investments, a Los Angeles based California corporation and wholly owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), (collectively “Grapefruit”), this morning announced that, as of today, December 16, 2019, it has filed with the Financial Industry Regulatory Authority (“FINRA”) to change the company’s corporate name to Grapefruit USA, Inc., and stock ticker symbol to “GUSA,” “GPRE,” “GPFT” or such other symbol as FINRA and Grapefruit may agree. “Now that Grapefruit’s audit is complete and IGNG’s Super 8K has been filed, we are pleased to take this final step to formalize our transition from a development stage medical device company…

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FridayDec 13, 2019 10:07 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Receives Health Canada Approval for Licensing of 16 Additional Cultivation Rooms Under Cannabis Regulations

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “company” or “Organigram”), a leading licensed producer of cannabis, today announced the company’s receipt of Health Canada’s approval for the licensing of 16 additional cultivation rooms under the Cannabis Regulations. According to the update, the expanded license was effective as of December 12, 2019, and the new cultivation rooms represent approximately 13,000 kg/yr1 of increased target cultivation capacity. “This is a dynamic time for Organigram and the industry as a whole. Cannabis 2.0 – the legalization of adult use recreational cannabis edibles, vape products, extracts and topicals…

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ThursdayDec 12, 2019 1:31 pm

CannabisNewsBreaks – Tilray, Inc. (NASDAQ: TLRY) Receives Second GMP Certification for Cantanhede, Portugal Facility Allowing International Export of Finished Medical Cannabis Products

Tilray (NASDAQ: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, on Wednesday announced its wholly-owned subsidiary Tilray Portugal, Unipessoal Lda. (“Tilray Portugal”) has received its Good Manufacturing Practice (“GMP”) certification in accordance with European Union standards, for its manufacturing facility in Cantanhede, Portugal. According to the update, Infarmed, the Portuguese National Authority of Medicines and Health Products, issued the GMP certification. This is Tilray Portugal’s second GMP certification, which allows the facility to manufacture and export GMP-certified finished medical cannabis products, including dried flower and oils, from Portugal to international markets with legal medical cannabis regulations. “We…

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ThursdayDec 12, 2019 1:27 pm

CannabisNewsBreaks – 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) Enters Strategic Partnership with Premium Cannabis-Infused Food Brand Pantry for Production of Edibles in Nevada

1933 Industries (CSE: TGIF) (OTCQX: TGIFF), a vertically integrated cannabis consumer packaged goods company, recently announced the execution of a two-year licensing agreement between its subsidiary, Alternative Medicine Association LC ("AMA") and Los Angeles-based The Pantry Company Inc. ("Pantry"). Per the update, the agreement is for the production of edible products in Nevada and adds a new vertical to the company's portfolio of leading cannabis brands. "We are excited to expand our product offering in Nevada with a gourmet line that will set the standard for excellence in edibles,” 1933 Industries CEO Chris Rebentisch said in the news release. “The…

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ThursdayDec 12, 2019 11:23 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Launch of Sugarleaf by 7AC

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the launch of Sugarleaf by 7AC ("Sugarleaf"). According to the update, Sugarleaf is Supreme Cannabis' newest introduction of high-quality cannabis experiences to the Canadian marketplace and widens the company's product offerings, targeting consumers who demand a more refined, milder consumption experience. “We are very excited to introduce consumers to Sugarleaf by 7AC. Following on the success of our Blissco brand pre-rolls and our research into consumer preferences, we determined a premium, ready-to-smoke joint would be the perfect product to launch the Sugarleaf line,” Supreme Cannabis CEO Navdeep Dhaliwal said…

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ThursdayDec 12, 2019 10:16 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Grant of Stock Options

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, this morning announced that it has granted, effective today, an aggregate of 3,364,500 stock options (each, an "Option") to certain directors, officers, employees and consultants of the company in accordance with the company's stock option plan. Per the update, for a period of five years from the date of grant, each Option is exercisable into one common share in the capital of the company (each, a "Share"), each at a price of $0.215, being the closing price of the Shares on the TSX…

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