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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ThursdayAug 15, 2019 10:15 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives Four New Patents, Increasing Total Granted to 15

Biotechnology company and global drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced the granting of four of its pending patent applications via its wholly-owned subsidiary Poviva Corp. According to the update, the new patents cover delivery of cannabinoids such as THC and CBD, NSAIDs such as ibuprofen, nicotine, and vitamins. With issuance of these four patents, Lexaria’s total patents granted has increased to 15, with eight in the US and seven in Australia, and the company has roughly 60 patent applications pending throughout the world. Lexaria is one of the most patent-rich firms in the Western…

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ThursdayAug 15, 2019 9:31 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Files Quarterly Report; Seeks Company Name & Ticker Change

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced that it filed its quarterly report on Form 10-Q with the SEC on August 14, 2019. The report did not show any of the financial results of Grapefruit’s operations due to the delayed final closing of the reverse acquisition of IGNG by Grapefruit which took place after the end of the second quarter. The operational results of Grapefruit will be reflected in the company’s Pro Forma Consolidated Financial Statements included in both its “Super 8-K” filing and the first amendment to its registration statement on…

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WednesdayAug 14, 2019 2:51 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces OTCQB Venture Market Uplisting; Posts Q2 and Year to Date 2019 Financial Results

Innovative technology holding company VPR Brands LP (OTCQB: VPRB) this morning announced that it will begin quotation on the OTCQB Venture Market today. In addition, the company also recently released its second quarter and year to date 2019 financial results. According to the update, VPR Brands reported revenues of $1.58 million for the second quarter of 2019, reflecting a 31 percent increase over the second quarter of 2018. The company saw a similar 31 percent increase for the six months ended June 30, 2019, versus the comparable period in 2018. “The results of putting our newly raised capital to work…

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WednesdayAug 14, 2019 1:46 pm

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Reports 2019 Q2 and Six Months Results, 21.2% Increase of Second Quarter Revenues

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning reported financial results for the second quarter and six months ended June 30, 2019. Per the update, the company’s revenues for second quarter were $53.7 million compared to $44.3 million in the prior year, reflecting an increase of 21.2 percent. In addition, Youngevity’s gross profit for the second quarter improved to $25.9 million from $25.4 million in the prior year, and net loss improved to ($47,000) in the second quarter from ($614,000) in the prior year. "We are pleased with our quarter over…

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WednesdayAug 14, 2019 12:43 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Appoints Consumer Packaged Goods Veteran to Board of Directors

Biotechnology company and global drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced the appointment of Brian Quigley to its board of directors. Quigley most recently spent 16 years at Altria Group, seven of which were spent as president and CEO for U.S. Smokeless Tobacco and Nu-Mark, Altria's innovation company, during the time that the existing Lexaria and Altria business relationship was negotiated. Quigley is a 20-year Consumer Packaged Goods veteran with a background of managing complex regulatory environments including for novel and innovative nicotine products, and holds additional deep experience with operations and marketing. “Lexaria continues…

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WednesdayAug 14, 2019 11:48 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement with SolDaze

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a definitive purchase agreement for all of the outstanding equity interest in Tres Ojos Naturals LLC, doing business as SolDaze, a Santa Cruz, California-based limited liability company. Per the update, the transaction will absorb SolDaze's branding asset package into the company's expanding asset portfolio, providing what it believes will be significant penetration into the cannabis market in California. “We are very pleased and excited to welcome the SolDaze team into the TransCanna family. We would like to recognize their efforts, achievements and in particular their patience and dedication…

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