Breaks Categories: News

WednesdayOct 30, 2019 9:25 am

CannabisNewsBreaks – GP Solutions, Inc. (GWPD) Launches Proprietary, Cost-Effective Growth Medium

GP Solutions (OTC: GWPD), the developer of proprietary, automated micro-farms called GrowPods, on Tuesday announced the launch of Prolific, a unique, proprietary soilless growth medium and nutrient line that is free of human and sewage waste. Formulated by GP Solutions' in-house scientists, Prolific consists of organic ingredients, requires little fertilization to sustain plant strength, and is reusable, making it cost-effective and sustainable. Prolific will be available in better garden centers, farm equipment and materials stores, and on the GP Solutions' website. “Our objective was to develop a growth medium that will help give plants the proper nutrients they need to…

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TuesdayOct 29, 2019 1:46 pm

CannabisNewsBreaks – Israeli Cannabis Market Quickly Gaining Investment Interest

An editorial published today by Technical420 and written by Anthony Varrell describes increased interest in the Israeli cannabis market from an investor and company standpoint. Describing the trend “that investors need to be aware of,” the article outlines three factors attributing to rising interest. These include greater attractiveness of the economics associated with cultivating cannabis in Israel as compared to Canada, which will, according to the article, provide companies like Isracann Biosciences (CSE: IPOT) with a major competitive advantage. Additional factors for rising interest include proximity, with the article describing quickness and ease in shipping cannabis from Israel to the…

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TuesdayOct 29, 2019 10:00 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Enters Technology and Research Partnership with CB2 Insights Inc. (CSE: CBII) (OTCQB: CBIIF)

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, has entered into a technology and multi-phase research agreement with CB2 Insights Inc. (CSE: CBII) (OTCQB: CBIIF) ("CB2"), a leading data-driven company focused on bringing real-world evidence driven from the point-of-care to the medical cannabis community. Under the agreement, CB2 will assist in the development of VIVO's global medical product development strategy. CB2 will integrate its Clinical Data Management Software (“CDMS”) and Electronic Data Capture (“EDC”) tools to establish a better understanding of VIVO's current medical patient registry, and the companies will collaborate…

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FridayOct 25, 2019 9:54 am

CannabisNewsBreaks – Bern One Down: Sanders Tweets Plan to Legalize Marijuana Nationwide During First 100 Days in Office

"The Five" on Fox News yesterday discussed independent senator and 2020 presidential primary contender Bernie Sanders and his plan to legalize marijuana. Under the plan, announced on Thursday, Sanders will work on legalization by executive order within the first 100 days of his administration should he win the White House. Sanders, whose home state of Vermont in 2018 legalized possession of one ounce of pot and allowed each adult resident to grow two plants for personal use, has long been a supporter of decriminalizing marijuana nationwide. He’s argued that criminalization of the drug has ravaged communities of color and created…

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ThursdayOct 24, 2019 10:37 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Radicle Medical Marijuana Awarded Health Canada Oil License

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that its portfolio company, Radicle Medical Marijuana Inc., has received approval for oil sales from Health Canada. The additional license allows for the development and sale of new cannabis products, including oil and concentrates, which will open the door for Radicle's medical patients to access other product forms in the company's craft cannabis selection. “Consumer behaviors are evolving, and we believe many of today's cannabis consumers are open to trying alternatives to dried flower products,” Canopy Rivers President and CEO Narbé Alexandrian said in…

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ThursdayOct 24, 2019 10:05 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Applauds FDA Forward-Looking Decision on Reduced Risk Tobacco Format

Global innovator in drug delivery platforms Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced that the Food and Drug Administration ("FDA"), for the first time ever, has authorized the marketing of oral nicotine products through the Modified Risk Tobacco Product pathway. According to the update, this pathway includes product categories that could benefit from Lexaria's technology. The FDA-authorized product format is in the tobacco pouch category, similar to a mini tea-bag that is held in the mouth from which the nicotine within is absorbed. Unlike chewing tobacco, there is no need to spit. Significantly, because there is no combustion, heating…

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ThursdayOct 24, 2019 9:28 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Posts Q4 & Full Year Financial Results, Hosts Conference Call

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Wednesday reported its results for the fourth quarter and full year ended June 30, 2019. Among other highlights, GGBXF reported total revenue for fiscal 2019 of $15.7 million, as well as a 29% quarter-over-quarter increase in revenue for the three-month period ended June 30, 2019. The company is hosting a conference call and audio webcast today, October 24th at 8:30 AM ET featuring GGBXF CEO Peter Horvath and CFO Brian Logan. To join the call, dial (+1) 416 764 8609 for the local Toronto line, (+1) 778 383 7417…

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WednesdayOct 23, 2019 11:32 am

CannabisNewsBreaks – CannabisNewsWire to Serve as Official Media Partner at USA CBD Expo Vegas

CannabisNewsWire (“CNW”), an information service specializing in cannabis-related news, today announced that it will serve as an official media partner at USA CBD Expo Vegas, the nation’s largest CBD and hemp event. The trade show, slated to take place at the Las Vegas Convention center from February 13–15, 2020, will feature the largest selection of CBD/hemp products yet. More than 300 vendors and 500 brands will showcase new and innovative offerings including edibles, tinctures, beverages, topicals, vapes, cosmetics, flowers, pet products and more. Throughout the event, industry experts will share insight and experience, with an agenda covering topics from health…

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WednesdayOct 23, 2019 10:27 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Achieves Exempt Status Removing Penny Stock Limitations

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced that its stock has been awarded “Penny Stock Exempt” status on OTCmarkets.com in accordance with rules defined by the Securities and Exchange Commission (“SEC”). According to OTCmarkets.com, the status means that SGMD stock is now exempt from the limitations that accompany any security defined as a “Penny Stock” according to the SEC under Rule 240.3a51-1 because it meets one of the following: 1) A price of over $5 per share, 2) issuer has at least $6 million in average revenue for the last three years,…

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WednesdayOct 23, 2019 10:21 am

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Closes Bought Deal Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced the closing of its previously announced private placement financing of 25,000,000 units of the company, each at a price of $0.40. The offering resulted in gross proceeds of $10 million to the company, from which it intends to use net proceeds for the purchase of extraction, purification and refining equipment and general working capital purposes. Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "warrant"). Each warrant will be exercisable to acquire one common…

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