Breaks Categories: News

WednesdayNov 20, 2019 2:36 pm

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) President and CFO to Present at The Benchmark Company’s 8th Annual Discovery 1×1 Investor Conference

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced its plans to present at The Benchmark Company's 8th Annual Discovery 1x1 Investor Conference. The conference is slated to take place at the New York Athletic Club in New York City on December 4, 2019.  Youngevity’s President and CFO Dave Briskie will be presenting YGYI to various family offices, and institutional and high net worth investors. “The Benchmark Company and this conference has been an integral part of our awareness campaign and exposure to institutions over the last several years,” Youngevity President and Chief Financial Officer Dave Briskie said…

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TuesdayNov 19, 2019 11:45 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Strong Preliminary Calendar 2019 Performance that Exceeds Internal Forecasts

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced preliminary calendar year-to-date revenue performance of $26 million and strengthening gross margins. Per the update, the company expects its recently-acquired hydroponics supply operation to produce approximately $32 million for the calendar year and believes it is well positioned moving into 2020 based on growing revenues and an expanding sector cost advantage. “This business sector is all about robust product sourcing, efficiency in logistics and effective e-commerce programs, not to mention effective placement on Amazon, where we are realizing great success.  Our revenue and gross margin…

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TuesdayNov 19, 2019 10:29 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Significantly Expands Canadian Distribution Footprint

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced its receipt of orders from Alberta, Manitoba and Nova Scotia to be shipped this month, significantly expanding its Canadian distribution footprint. In addition, the company announced plans to launch two new strains in Ontario, as well as the world's first organic cannabis certification program for budtenders. "As we continue scaling up our operations, we are now in a position to start distributing our premium certified organic cannabis products to additional provinces as well as launching new strains," TGOD Vice President of…

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MondayNov 18, 2019 2:58 pm

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Host November 18th Conference Call to Review Financial Statements, Provide Corporate Update

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, this morning announced its plans to host a conference call to discuss the company's financial results for the quarter ending September 30, 2019, which it plans to release today. The call is scheduled to take place at 4:15 p.m. Eastern Standard Time (1:15 pm Pacific Standard Time) today, November 18, 2019. Youngevity International's senior management will host the call, led by CEO and Chairman Steve Wallach and joined by CFO and President Dave Briskie.…

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MondayNov 18, 2019 2:29 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Announces Financial Report for Q3 2019

LiveWire Ergogenics (OTC: LVVV), a health and wellness company with a focus on special purpose real estate acquisitions and the licensing and management of high-end and permitted facilities for the production of cannabis-based products and services in California, today released its financial results for the third quarter of 2019. ”The cannabis market is ever-changing and complex. While a flood of investment has entered the market over the last two years based on overly optimistic projections, questionable market analysis and unproven business models, these expectations are now being hit by the reality of a still unconventional business, complicated by the typical…

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MondayNov 18, 2019 12:24 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Ambitious Strategy as it Advances Plans to Uplist to Major US Exchange

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today provided a strategic update as it advances plans to uplist to a major U.S. exchange while moving toward another targeted acquisition. According to the update, Sugarmade management expects the company to be on track to reach in excess of $65 million in annualized revenues based on its strategy. “We have an ambitious plan to create a viable path toward another major acquisition while extending our stepwise climb onto a major U.S. exchange listing as we continue to expand operations in a rapidly growing market,” Sugarmade CEO…

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FridayNov 15, 2019 12:06 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q3 2019 Results

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, on Thursday released its financial and operational results for the three and nine months ended September 30, 2019. The company’s filings are available for review via its SEDAR profile at www.sedar.com. “Q3 marked TGOD's entry into the recreational cannabis market with a small pilot in Ontario. We were thrilled to witness such positive feedback on product quality and packaging from retailers and consumers across the province.  Based on the initial response, demand for high-quality flower is strong and TGOD is well positioned to…

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FridayNov 15, 2019 10:37 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Substantially Increased Revenues and Profits on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is syndicated internationally and 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. This week’s program featured SinglePoint CEO Greg Lambrecht as he discussed substantially increased revenues and profits. “Our revenue is up 176%,” Lambrecht said in the show, comparing the substantial growth to the same period last year. “The gross profit is up 50%…

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FridayNov 15, 2019 10:05 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Q1 2020 Results, $90 Million Credit Facility led by Bank of Montreal

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced the release of its financial and operating results for the first quarter ended September 30, 2019. In addition, the company announced its entry into a credit agreement with Bank of Montreal ("BMO") as Lead Arranger and Agent on behalf of a group of lenders for $90 million of senior secured credit facilities consisting of a term loan of $70 million and a revolving credit facility of $20 million. “In the first quarter of fiscal 2020, we operated through challenging market conditions while integrating new businesses and product planning…

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FridayNov 15, 2019 9:57 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q3 2019 Financial and Operating Results

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, on Thursday released its third quarter 2019 financial and operating results. According to the update, VIVO's net revenue increased to $6.3 million during Q3 2019, which represents a 19% increase relative to the same period last year. The increase reflects the ramp-up of the company's licensed capacity, which is expected to generate further revenue growth in Q4 2019. “Our focus for the first half of the year was to satisfy the needs of the evolving adult-use market, provide consistent supply of quality…

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