Breaks Categories: News

ThursdayAug 22, 2019 9:42 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Announces Receipt of SEC Comment Letter on its Form S-1 Registration Statement

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced its August 21, 2019 receipt of the initial comment letter from the SEC Division of Corporation Finance. According to the update, the letter requires the company to file audited predecessor financial statements for Grapefruit Boulevard Investments, Inc. and audited pro forma financial information giving effect to the reverse acquisition. “We are pleased to receive this prompt and manageable response from the SEC Staff and look forward to responding as promptly as possible and to timely provide the public with all relevant disclosure concerning Grapefruit,” Grapefruit…

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WednesdayAug 21, 2019 9:19 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Posts Letter to Shareholders

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning issued a letter to shareholders discussing the company’s recent activities in line with NABIF’s goal to become a leading cannabis asset manager. “As Nabis continues to expand its footprint in the United States, we believe that now is an ideal time to update shareholders on the recent investments and acquisitions the company has made in establishing a trusted, national brand capable of sustaining long-term growth,” Nabis Holdings CEO & Director Shay Shnet stated…

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TuesdayAug 20, 2019 9:49 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Appoints Cannabis Industry Veteran as New Independent Director

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced the appointment of cannabis industry veteran Emmanuel Paul to its board of directors, effective August 16, 2019. Per the update, Paul is co-founder and currently serves as CEO of IndusCann Research, a business focused on the research and commercialization of medical cannabis in India. Most recently, he was the founding partner of Spartan Wellness Corporation, a veteran-focused health care service provider that specialized in prescribing medical cannabis and providing education and ongoing care.…

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TuesdayAug 20, 2019 9:19 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) to Commence Trading on the Toronto Stock Exchange on August 22

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, this morning announced that it has received final approval to list its common shares on the Toronto Stock Exchange (“TSX”). The company’s common shares will start trading on the TSX when the market opens on Thursday, August 22, 2019, under the symbol ‘OGI’. In order to ensure continuous trading for the company’s shareholders during the uplisting, Organigram’s shares will be delisted from the TSX Venture Exchange (“TSX.V”) at the beginning of trading on the TSX. To view the full press release, visit…

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MondayAug 19, 2019 12:06 pm

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters Strategic 5-Year Supply Agreement with DJB Industries

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced the entry of its wholly owned subsidiary, Khrysos Industries, Inc., into a 5-year supply contract with DJB Industries Inc. to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate, and water-soluble distillate hemp derived products. According to the update, extraction, post processing fulfillment and revenues are anticipated to begin in the first quarter of 2020 with forecasted revenues in excess of $ 170 million through 2025. "Khrysos Industries has recently secured and announced $30 million dollars of post…

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MondayAug 19, 2019 12:02 pm

CannabisNewsBreaks – Kanvas Launches Disruptive Storage and Hardware Assortment Featuring Proprietary Temperature-Controlled Dosing Tech

Kanvas, creator of innovative solutions designed to elevate the user experience for legal cannabis consumers, today announced the official release of its disruptive storage and hardware assortment featuring proprietary temperature-controlled dosing technology. Founded and led by Orange County entrepreneur Andy Fathollahi, the company leverages an engineering-led design process to deliver solution-based products that address both enterprise and consumer-level friction points, such as operational inefficiencies, expired product, poor user experience and burnt oil. Kanvas is committed to advanced design and consumer safety, and it tackles these issues with many unique product solutions supported by a portfolio of a dozen pending patents.…

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MondayAug 19, 2019 9:46 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Receives $1,400,000 Working Capital from Closing of Second Auctus Tranche

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced its August 16, 2019, receipt of $1,400,000 of working capital from the closing of the second tranche of its Stock Purchase Agreement (“SPA”) with Auctus Fund, LLC. According to the update, the payment was triggered by the company’s timely filing of its Form S-1 registration statement with the SEC on July 25, 2019. “Once again Grapefruit executed its plan in a timely fashion, filing the registration statement and receiving the new capital infusion just subsequent to finalizing the IGNG/Grapefruit reorganization as envisioned,” IGNG/Grapefruit CEO Bradley…

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FridayAug 16, 2019 11:05 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Fulfils Initial Shipment to Ontario Cannabis Store

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced the completion of its first shipment to the Ontario Cannabis Store. The shipment marks TGODF’s official entrance into Canada's recreational market and provides consumers access to the company’s flagship strain, Unite Organic. The Ontario-grown dried flower will be available in select retail locations and at www.OCS.ca. “We are thrilled to introduce Unite Organic dried flower to Ontario adult consumers. Launched earlier this year with our Grower's Circle, Unite Organic was highly praised by medical patients. Our small pilot confirmed that market demand…

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FridayAug 16, 2019 10:35 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints Ian Klassen to Board of Directors

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced a new appointment to its board of directors. Ian Klassen joins the board and will additionally serve as chair of the company's audit committee. Klassen brings nearly 30 years of experience in business management, public relations and government affairs to the company. His background includes serving as chief of staff to the Canadian Speaker of the House of Commons, as well as extensive experience in the administration of public companies, finance, government policy, media relationship strategies, business/government project management and legislative decision-making. “I would like to welcome Ian to our team,”…

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FridayAug 16, 2019 9:37 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Companies Enter Purchase and Supply Agreement, Demonstrate Thriving Ecosystem

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the entry of its portfolio companies, James E. Wagner Cultivation Corporation ("JWC") (TSXV: JWCA) (OTCQX: JWCAF) and TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), into a purchase and supply agreement, demonstrating collaboration and synergy that is seen throughout the Canopy Rivers ecosystem. Under the agreement, JWC will supply cannabis flower and oils to TerrAscend, which will then be made available for purchase on TerrAscend's online medical sales platform, Solace Health. The platform will provide JWC with exposure to thousands of registered medical patients across Canada. “The collaboration between JWC and TerrAscend is…

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