Breaks Categories: News

MondayJul 08, 2019 9:44 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement to Acquire The GoodFellas Group LLC

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced its entry into a definitive acquisition agreement dated July 6, 2019, to acquire The Goodfellas Group LLC, a company specializing in branding, sales and marketing in the cannabis and hemp industries. According to the update, the acquisition includes the GoodFellas sales management team and sales force, as well as its existing inhouse brands, Simple Farms and Daily Cannabis Goods. Goodfellas also represents third party cannabis brands, including Biovelle, a CBC-infused coconut oil that TransCanna proposes to acquire. "As represented in our investor conference call last week we've accomplished the first…

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WednesdayJul 03, 2019 10:11 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Reverse Split of Common Stock

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) today announced that its board of directors and stockholders, in a meeting held on July 1, 2019, approved a reverse split of its issued and outstanding common stock at a ratio of 1-for-60. According to the update, the reverse split is intended to provide MCOA with greater flexibility in considering and planning for future business needs, as well as increasing its common stock per-share trading price to satisfy the minimum requirement for continued OTCQB listing. Per the Amended Certificate to MCOA’s Certificate of Incorporation, the reverse stock split…

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WednesdayJul 03, 2019 10:00 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Board Change

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that Bruce Linton has stepped down as its chairman and director, effective immediately. In the update, the company’s executive team and board of directors thanked Linton for his contributions to Canopy Rivers through the early development of the global cannabis sector. "We are grateful for all of the contributions that Bruce made to both Canopy Rivers and to the cannabis industry as a whole," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "As we enter the next chapter of our Company's history, we are excited to…

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WednesdayJul 03, 2019 9:48 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Host Conference Call, Provide Corporate Update

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced that it will provide a corporate update to its shareholders and investors via conference call at 1:15 p.m. PST on Wednesday, July 3, 2019. During the call, TransCanna management will discuss the progress of proposed acquisitions involving GoodFellas, Soldaze, Lyfted Farms and Biovelle, as well as providing a general update on the licensing process for its 196,000 sq. ft facility in Modesto, California, and its 10,000 sq. ft facility in Adelanto, California. Interested parties may join the call by dialing (U.S.) 888-585-9008; (Canada) 888-299-2873 or (Germany) 0-800-723-5123 and entering conference…

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WednesdayJul 03, 2019 9:32 am

CannabisNewsBreaks – Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Announces Continued Testing of TherOZap Technology Against Zika Virus

Progressive medical device technology company Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) this morning announced that it continues to test its TherOZap technology against the Zika virus, following the advice of one of the top research laboratories in Canada. Per the update, a number of additional parameters have been added to the testing regime, with an aim of producing statistically relevant results. The company intends to report further information as it becomes available. “Therma Bright is awaiting the results of the current testing of its proprietary TherOZap technology against the Zika virus. We appreciate the prudence and thorough approach being…

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TuesdayJul 02, 2019 2:36 pm

CannabisNewsBreaks – AVAIL Vapor, LLC Expands into Wellness Category through Launch of Leafana Wellness CBD Product Line

Premium e-liquid manufacturing, scientific services and retail business AVAIL Vapor today announced the launch of Leafana Wellness through the introduction of its Leafana Wellness CBD line. The product line, which offers a liquid isolate vaping series and broad-spectrum tinctures, will be available for purchase at the company’s 99 retail stores and at all authorized distributors. The products come in a variety of flavors, with the vape liquids available in 500 mg and 1,000 mg strengths and the tinctures in 500 mg, 1,000 mg and 1,500 mg strengths. “We have built a solid foundation for manufacturing quality that our customers have…

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TuesdayJul 02, 2019 10:44 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Progress on Unique Cannabis Delivery Service, Viva Buds

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced expected completion of the manufacturing and distribution facility for its Viva Buds cannabis delivery service by August 2019. In April, MCOA announced its 20% ownership interest acquisition of Natural Plant Extract of California (“NPE”), establishing a joint venture to create Viva Buds Inc., a unique Los Angeles, California-based cannabis delivery service. “We are making tremendous progress through our partnership with NPE and the rollout of our licensed cannabis manufacturing facility,” MCOA Board Member Edward Manolos said in the news release. “Our commitment to compliance will put Viva…

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TuesdayJul 02, 2019 10:37 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters CBD Sector Through Equity Acquisition of Wahupta Ventures

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into an agreement for the right to acquire 51 percent of Wahupta Ventures Inc. of British Columbia, a Canadian hemp company, staking its position in the CBD sector. Per the update, Redfund has secured the right to purchase 19.9 percent of Wahupta, and will have the option on an additional 31.1 percent upon completion of the due diligence process and the signing of a definitive agreement no later than October 1, 2019. “Many Canadian merchant banks have followed our debt financing model and while it is exciting…

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TuesdayJul 02, 2019 9:52 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Enters Agreement with Lifespot to Develop and Distribute Software and Vaporizer Technologies

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning announced its entry into an exclusive Heads of Agreement with Lifespot Health Limited (ASX: LSH) to develop and distribute Lifespot’s software and vaporizer technologies. According to the update, Lifespot, through its Seng Vital and Bodytel GmbH subsidiaries, will provide its vaporizers that are Bluetooth-enabled and can be used for recreational cannabis consumption, as well as the Bluetooth Bodytel(TM) platform, which collects and manages consumer data in a compliant record keeping system that meets privacy regulations and is beneficial to consumers. “Smartphone Bluetooth technology is the future…

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TuesdayJul 02, 2019 9:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) to Release Q3 2019 Earnings, Host Conference Call

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., this morning announced that before market open on Monday, July 15, 2019, the company will report its third quarter earnings results for its fiscal year ended August 31, 2019. In addition, the company will be hosting a conference call to discuss the results on July 15 at 8:00 AM ET. To join the call, dial 1-866-211-4093 for the toll-free North America line or 647-689-6727 for the international line. Following the call, a replay of the webcast will be available for 90 days at Organigram.ca/Investors. To register to join the…

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