Breaks Categories: News

MondayJun 10, 2019 10:24 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expanding Production to Meet Increasing Demand

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that new production facilities are in the process of being built in an effort to meet increasing demand. Wildflower products are available across the U.S. in over 300 stores nationwide, and have recently been picked up by several national retail chains. Per the update, Wildflower has added a second shift at its existing production facility, but capacity is at 90% and the new facility is critical to the company’s growth strategy. “We are excited to get our new production facility up and running in order to meet the demand,” Wildflower CEO…

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MondayJun 10, 2019 9:35 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Open Over 70 Prime Locations at Brookfield Properties’ Shopping Centers

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced an arrangement to open over 70 prime shop locations with potential for more at Brookfield Properties' shopping centers throughout the United States. According to the update, the plans will further expand the company’s physical footprint to approximately 280 total locations by the end of 2019. “Brookfield Properties operates some of the most exciting and visited malls in the country, and we are thrilled to introduce our CBD shops to their centers,” Green Growth Brands CEO Peter Horvath said in the news release. “We know that consumers prefer to…

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MondayJun 10, 2019 9:30 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Join Russell 3000 Index

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that it is set to join the broad-market Russell 3000 Index at the conclusion of the 2019 Russell indexes annual reconstitution, effective after the U.S. market opens on July 1, according to a preliminary list of additions posted June 7. Per the update, annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 10, ranking them by total market capitalization. “We are pleased to be added to the Russell 3000 Index and the other appropriate indexes that will come as a result of our…

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MondayJun 10, 2019 9:24 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Portfolio Company Inks LOI to Form Magnolia Extracts LLC, Substantially Build Out Cannabis Facility

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that Northern Lights Distribution LLC (“NLD”) has signed a Letter of Intent (“LOI”) with Alpha Private Equity & Capital LLC to form a joint venture (“JV”) called Magnolia Extracts LLC for large-scale expansion operations to start distribution, delivery and manufacturing of its cannabis products in the city of Lynwood, California. In April 2019, MCOA announced that it has secured a 20% ownership interest and signed a joint venture agreement with Natural Plant Extract of California (“NPE”) to establish a premier cannabis delivery company called Viva Buds.…

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FridayJun 07, 2019 11:57 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic Partnership with PAX Labs

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into an agreement with Pax Labs, Inc. Under the agreement, Supreme Cannabis will become a foundational brand partner and supplier for the PAX Era in Canada, pending federal legalization of the vaporizable products. "Supreme Cannabis is excited to be partnering with PAX to provide consumers with the ultimate vaporizing experience. Together, we expect to deliver 7ACRES' multi-award winning flower extracted into oils exclusively for use in North America's best-selling premium vaporizer, the PAX Era," Supreme Cannabis CEO Navdeep Dhaliwal stated in the news release. "7ACRES has…

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FridayJun 07, 2019 11:12 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Selected as a Canadian Launch Partner of PAX Era

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), a leading licensed producer of cannabis and extract-based products, today announced that it was selected as one of the four Canadian launch partners of PAX Era, the premium oil vaporizer created by PAX Labs, Inc. PAX Labs is a leading consumer technology brand in the design and development of premium vaporizers for dry flower, as well as concentrates when they become legal in Canada later this year. “Cannabis 2.0 – the next generation of legal, adult use cannabis products – represents a world of opportunity,” Organigram CEO Greg Engel said in the news release.…

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FridayJun 07, 2019 11:02 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Closes $10M Brokered Private Placement

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced the close of its brokered private placement of 2,000,350 units which were sold at a price of CAD$5.00 each, resulting in total gross proceeds of CAD$10,001,750. Each unit sold comprised of one common share and one half of one common share purchase warrant. Warrant holders are entitled to acquire an additional share at a price of $6.00 for each full warrant until June 7, 2022. TransCanna paid a commission of 7% of the total gross proceeds through a payment of $700,122.50 in cash as well as a corporate finance fee of $150,000,…

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FridayJun 07, 2019 10:10 am

CannabisNewsBreaks – MjMicro Releases Presenter Schedule for June 25 NYC Investor Conference

MjMicro Conference, the next-level investor forum for publicly traded cannabis companies, this morning published the final presenter schedule for its upcoming investor conference at New York City’s Westin Grand Central on June 25, 2019. The one-day invitational networking forum connects private capital investors and attendees with cannabis-related public entities and industry experts. The morning of the event will showcase spotlight presentations before the general audience by Emerald Health Therapeutics, FSD Pharma, and Helix TCS. Following a hosted lunch, feature presentations will be provided by 1933 Industries, 48North Cannabis, CannAmerica Brands, Cannex Capital Holdings/4Front, Cardiol Therapeutics, Dixie Brands, EXMceuticals, Flurotech, High…

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ThursdayJun 06, 2019 10:22 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Begins Trading on OTCQX Best Market; Acquires Option to Purchase California Based Cannabis Oil Manufacturer

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has qualified to trade on the OTCQX Best Market and will begin trading today, June 6, 2019, under the symbol “PLPRF.” The company’s shares will continue to trade under the symbol “PLUS” on the Canadian Securities Exchange. “Plus Products joins more than 175 companies that cross-trade their shares in Canada and in the U.S. on the OTCQX Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Upgrading to OTCQX from the OTCQB Venture Market enables companies to…

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ThursdayJun 06, 2019 9:37 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reports 2019 AGM Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced the results of its annual general and special meeting of shareholders held on June 4, 2019. According to the update, VIVO Cannabis shareholders approved a number of resolutions at the meeting, including: the re-appointment of MNP LLP as the company’s auditor for the 2019 fiscal year; fixing the number of company directors at six; the election of directors; and ratification of the company's 2017 Stock Option Plan. A total of 122,552,741 of the 294,800,314 company common shares outstanding as at the record date were voted at the meeting, representing 41.6 percent…

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