Breaks Categories: News

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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FridayAug 16, 2019 9:28 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) to Release Q2 2019 Financial Results, Host Conference Call

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Thursday announced that the company will be releasing its second quarter financial results after the markets close on Wednesday, August 28, 2019. The company’s senior management will be hosting a conference call to discuss the results on Thursday, August 29 at 10:00 AM ET. To join the call, dial 647-427-7450 or 1-888-231-8191 using the conference ID 4479716. A replay of the call will be available until Thursday, September 5. To listen to the replay, dial 416-849-0833 or 1-855-859-2056 using the reference number 4479716. To join the live webcast, visit http://cnw.fm/FmWp8 To view the…

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ThursdayAug 15, 2019 12:01 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Files Q2 Form 10-Q, Showing More Than Doubled YOY Revenue Increase

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that it has filed Form 10-Q for the quarterly period ending June 30th, 2019. According to the update, the company has more than doubled its revenue in 2019 compared to the same period last year, reflecting an increase from $311,237 in 2018 to $856,859 in 2019. “We are very excited about the growth and path we are on,” SING President Wil Ralston said in the news release. “This is another step in the right direction for SinglePoint. We look forward to showing an even larger increase in Q3 as we…

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ThursdayAug 15, 2019 11:00 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New Corporate Website

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced the launch of its new corporate website. The user-friendly site will provide shareholders and potential investors with up-to-date information about the company’s current portfolio, including subsidiaries VivaBuds and hempSMART(TM), its joint ventures and farming projects, essential financial data, SEC filings, press releases, and company management team details. “The new website presents a fresh design with enhanced functions focused on the Company’s unique market position and its most recent developments that will be of value to current and prospective shareholders,” MCOA CEO Don Steinberg said in the news…

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ThursdayAug 15, 2019 10:22 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces First Cannabis Harvest, Provides Update on Northern California Operation and Strategic Investment Partner

Cannabis Strategic Ventures (OTCQB: NUGS) today announced the first cannabis harvest from its NUGS Farm North cultivation facility located in Northern California. Per the update, funding for the NUGS Farm North operation and harvest was made possible through an $8,000,000 investment from LW Ventures, Inc, a financial partner with significant expertise in cannabis cultivation. Through the operation, Cannabis Strategic Ventures has quickly positioned as one of the largest greenhouse-based mixed lighting cultivators in California. “We are extremely optimistic and excited about NUGS Farm North and the LW Ventures partnership. The opportunity came at a time when the CBD and Cannabis…

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