Breaks Categories: News

MondayJul 15, 2019 9:58 am

CannabisNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Enters Exclusive Technology Agreement with Triangle Plant Sciences

MustGrow Biologics Corp. (CSE: MGRO), an agricultural biotech company, has entered into a partnership with Triangle Plant Sciences (“TPS”), a division of Verdesian Life Sciences of Cary, North Carolina. Under the agreement, MustGrow will have exclusive Canadian and global access to TP-1000, TPS’s first product in a suite of researched hydroponic technology offerings. Through the partnership, TP-1000 will be made commercially available exclusively through MustGrow in Canada, and MustGrow will also distribute in key registered global markets. “We are thrilled to enter into a partnership with Triangle Plant Sciences,” MustGrow COO Colin Bletsky said in the news release. “The vision…

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MondayJul 15, 2019 9:44 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Reports Q3 Fiscal 2019 Results, Hosts Earnings Call

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its financial results for its fiscal third quarter ended May 31, 2019. “We continued to report strong sales in our third quarter and now have distribution in all ten provinces,” Organigram CEO Greg Engel said in the news release. “In our fiscal year to date, we have generated strong operating and financial results, placing us among the leaders in the Canadian industry. While we saw a temporary reduction in yield per plant in Q3 due to temporary changes in growing…

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FridayJul 12, 2019 10:08 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Interview with RedChip Money Report to Air on Bloomberg International

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that an interview with SING CEO Greg Lambrecht will air on The RedChip Money Report, a program delivering insightful commentary on small-cap investing, financial book reviews, and featured interviews with executives of public companies and Wall Street analysts. The exclusive SING interview, where Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space, will air Sunday, July 14, 2019, on Bloomberg International. The program will be available in 149 million homes across Europe, the Middle East and Africa according to local listing times.…

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FridayJul 12, 2019 9:33 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Finalizes Acquisition of Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Blissco Cannabis (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B:GR) on Thursday announced that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement between the two companies. Per the terms of an arrangement agreement dated May 16, 2019, Supreme Cannabis will acquire all issued and outstanding common shares of Blissco. The companies plan to close the acquisition on July 12, 2019. “With the closing of this acquisition, Supreme Cannabis will expand its portfolio to include a consumer-focused brand that specializes in products for…

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ThursdayJul 11, 2019 10:39 am

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Announces Cannabis Biopesticide R&D Program with National Research Council Canada

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced that a biopesticide R&D program is underway with the National Research Council Canada (“NRC”). According to the update, the R&D team is conducting a series of efficacy assessments of MustGrow’s patented biopesticide as a natural pre-plant, pre-pot soil treatment for diseases and pests that affect cannabis production. MustGrow intends to seek approval of its natural biopesticide from Health Canada for eventual use by Canada’s licensed cannabis producers. Currently, the R&D program is targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada’s…

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ThursdayJul 11, 2019 10:27 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Partners with American Eagle Outfitters, Inc. (NYSE: AEO) to Provide Specialty Line of CBD-Infused Personal Care Products

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a purchase order from American Eagle Outfitters, Inc. (NYSE: AEO), through which it will sell hemp-derived cannabidiol (“CBD”) infused personal care products in nearly 500 American Eagle stores and online. According to the update, the purchase order represents GGB's third major wholesale agreement since passage of the 2018 Farm Bill. Sales of the products exclusively developed for American Eagle, including a wide assortment of CBD-infused personal care items such as lotions, muscle balms and aromatherapy, are expected to begin in October 2019. “We are very…

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ThursdayJul 11, 2019 9:39 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTC: LXRP) DehydraTECH to be Leveraged Through CBD License Agreement with Universal Hemp

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) today announced its entry into a definitive five-year agreement, via its subsidiary Lexaria Hemp Corp., to provide its patented DehydraTECH(TM) technology to Universal Hemp LLC. Under the agreement, Universal Hemp, a B2B manufacturer of high-performing hemp-derived bulk ingredients to the consumer packaged goods and nutraceutical industries, will utilize the technology in many CBD-based food ingredients to be produced and sold across the U.S. immediately, as well as in Canada when regulations permit. “We are very excited about signing this licensing agreement with Lexaria Bioscience to bring to…

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WednesdayJul 10, 2019 3:47 pm

CannabisNewsBreaks – Hemptown USA Enters Consumer Packaged Goods Space through Kirkman Group Acquisition

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, today announced the acquisition of all assets of Kirkman Group, a Lake Oswego, Oregon-based FDA licensed, current good manufacturing practice (“cGMP”) certified nutraceutical business. The acquisition includes the entirety of the management team, production equipment, formulations, proprietary intellectual property, current sales channels and fulfillment centers. This transaction also marks the company’s immediate entry into the consumer packaged goods space. “The Kirkman Group is a key strategic acquisition for Hemptown. Being fully operational and FDA licensed accelerates Hemptown’s vertical integrations plans. Kirkman’s high quality formulations and production standards will…

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WednesdayJul 10, 2019 10:52 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Partners with Nic’s Beverages in Definitive CBD Beverage License Agreement

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) today announced its entry into a definitive 5-year agreement, via its subsidiary Lexaria Hemp Corp, with Nic’s Beverages L.L.C. Under the agreement, Lexaria will provide its patented DehydraTECH(TM) technology for use in Nic’s CBD-based beverages to be produced and sold throughout the United States. According to the update, Nic’s Beverages will initially begin production of ready-to-drink cold brew coffees enhanced with CBD from multi spectrum hemp oil. “We are currently in discussions with major wholesale houses and are looking to be in the market by the…

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WednesdayJul 10, 2019 10:42 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Portfolio Company’s Receipt of Five New AGLC Cannabis Retail Licenses

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Tuesday announced that its portfolio company, YSS Corp. (TSXV: YSS) (WKN: A2PMAX), has received five cannabis retail licenses from the Alberta Gaming, Liquor and Cannabis Commission ("AGLC"). Per the update, the five new licenses will operate under the YSS(TM) brand name and are located throughout Alberta. “YSS has made tremendous progress building up their retail presence in Alberta – doubling their current AGLC licensed stores to ten,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “With plans to have all ten stores open by the end of August, this…

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