Breaks Categories: News

WednesdayOct 23, 2019 9:47 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Kindred Form Strategic Alliance to Unlock Industry’s Long-Term Potential

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, and Kindred Partners Inc., a specialty cannabis brokerage and services company, today announced a strategic alliance to provide mutual benefits to both parties, as well as to Canopy Rivers’ portfolio companies. Kindred is a wholly owned subsidiary of Breakthru Beverage Group and leverages deep experience of its sister company, Breakthru Beverage Canada, in working with Canadian provincial control boards, public and private regulated cannabis businesses, licensed producers and retailers to broker regulated cannabis products for the adult-use market. “As we head into cannabis 2.0 and the Canadian…

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TuesdayOct 22, 2019 12:52 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) to Acquire Office, Warehouse Property Near San Diego

Innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced that it has opened escrow for the acquisition of its head office and warehouse building in the prominent Poway Business Park located near San Diego, California. “This is a marquis property in a strategic location approximately 45 minutes away from the 824-acre Potrero Ranch Property and just outside of San Diego. The acquisition of this property will immediately deliver positive cash flow from the existing tenancies and provide the company with the use of our head office location at no cost. Our near-term objective…

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TuesdayOct 22, 2019 11:35 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Finalizes Terms of Landmark Deal to Acquire Top Hydroponics eCommerce Supplier BZRTH Inc.

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced the finalization of terms for a definitive agreement between Sugarmade and BZRTH Inc.  Under the agreement, Sugarmade will acquire BZRTH Inc. (“BZRTH”), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The parties expect finalization and closing of the acquisition by October 31, 2019. “After months of negotiations, we now have robust terms set into place that represent enormous value for Sugarmade shareholders,” Sugarmade CEO Jimmy Chan said in the news release. “This acquisition, in itself, will dramatically augment the Company’s top and…

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MondayOct 21, 2019 10:14 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Bolsters Research Expertise with Appointment of Chief Scientific Officer Dr. Ari Mackler

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced the addition of Dr. Ari Mackler as its chief scientific officer. Per the update, Dr. Mackler brings 20 years of medical affairs, communications, and research experience in pharmaceutical, healthcare, and consumer goods industries. The position at PLUS will allow Dr. Mackler to pursue research relationships and clinical trials with private partners and academic institutions in an effort to expand consumer understanding of cannabis and the benefits it may provide. “Dr. Mackler has a long history of helping consumer product companies share…

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FridayOct 18, 2019 1:30 pm

CannabisNewsBreaks – Isracann Biosciences Inc. (CSE: IPOT) Begins Trading on the CSE

A technical420 editorial published on Thursday and written by Anthony Varrell highlights Isracann Biosciences’ (CSE: IPOT) new listing on the Canadian Securities Exchange (“CSE”). Isracann is an Israeli-based cannabis company focused on becoming a premier, low-cost cannabis producer. Per the article, the listing signifies a global opportunity and demonstrates that the company is one to watch for various reasons, including its status as Israel’s first pure play cannabis firm to list in Canada and its plans to execute on a 230,000 sq. ft. hybrid greenhouse that is fully funded. To view the full article, visit http://cnw.fm/XBgj8 About Isracann Biosciences Inc.…

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FridayOct 18, 2019 12:25 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Details New Strategic Plan to Cut Financing Requirements while Preserving Path to Profitability

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced its new strategic plan to reduce its financing requirements while maintaining its path to profitability. Per the update, the company intends to improve agility by reducing capital requirements, establishing a simple way to scale up production as more retail locations open and legal sales increase, and adapting to slower legal market conversion by deferring excess capacity and expenses. TGODF also maintains its objective to become EBITDA and operating cash flow positive by Q2 2020. “These actions are logical next steps in…

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FridayOct 18, 2019 10:58 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Dividend Payment Timing for October 2019 Series “D” Cumulative Redeemable Perpetual Preferred Stock

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, today announced the timing for the payment of its declared regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: YGYIP) for October 2019. According to the update, the dividend will be paid in cash and will be payable on November 15, 2019, to holders of record as of October 31, 2019. To view the full press release, visit http://cnw.fm/7cKAl About Youngevity International Inc. Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business…

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ThursdayOct 17, 2019 10:50 am

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Announces Repricing of “Bought Deal” Brokered Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its "bought deal" brokered private placement initially announced on July 3, 2019 and amended on September 27, 2019. According to the update, the repricing of the private placement more accurately reflects the current market price of the company's common shares. Under the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter, on behalf of a syndicate of underwriters, and purchase, on a "bought deal" private placement basis, 25,000,000 units of the company, each at a price of C$0.40, for aggregate gross proceeds of…

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ThursdayOct 17, 2019 9:34 am

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTC: MGROF) Finalizes Liquid Formulation of Mustard-Derived Bio-Pesticide

MustGrow Biologics (CSE: MGRO) (OTC: MGROF), an agricultural biotech company developing and commercializing a portfolio of natural, science-based bio-pesticides and bio-fertility products, this morning announced the finalization of its advanced liquid formulation. The new liquid formulation is an advancement of the company’s signature mustard-derived ‘granule format’ bio-pesticide product. In contrast to the granule format, the liquid formulation can be applied through standard drip or spray equipment and improves functionality and performance. Among other highlights, it has greater efficacy results per volume, a higher concentration of the active ingredient, and lower transportation costs. MustGrow’s liquid formulation work program was completed by…

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WednesdayOct 16, 2019 12:48 pm

CannabisNewsBreaks – Zenabis Global Inc. (TSX: ZENA) Posts Operational Update

Zenabis Global (TSX: ZENA) recently issued an update regarding its facility construction and licensing activities as well as the company’s cannabis production results. Among other highlights, the company reported a cultivation output of 1,996 kg of dried cannabis in August 2019, surpassing its revised forecast output of 1,579 kg by more than 26%. The company remains focused on advancing the construction underway at Zenabis Langley, which is anticipated to reach a total annual cultivation capacity of 143,200 kg upon completion of licensing. “August output was more than 60% greater than any prior month. Through to the end of October we…

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