Breaks Categories: News

WednesdaySep 05, 2018 12:16 pm

CannabisNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

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WednesdaySep 05, 2018 10:36 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Unveils Brand Forward Strategy for the Cannabis Industry

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its increased commitment to cannabis industry brands and innovators through the development of a proprietary branding and partnership model for the cannabis industry. As its primary investment focus, Cannabis Strategic Ventures intends to continue to develop multiple proprietary brands over the coming months. The company also aims to continue its work to enhance its infrastructure, product sourcing, communication and content support offerings. “Branding is becoming more important to the development of this industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “As a firm, we predict consumer-focused cannabis brands will…

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TuesdaySep 04, 2018 11:39 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Proprietary Cannabinoid Extraction Protocol

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) today announced that it has successfully optimized its extraction protocol during its soluble gel ("Sol-gel") drug delivery research and development program. The company augmented the circumstances for extracting cannabinoids from one of its cannabis strains and established a proprietary method for the accurate quantification of cannabinoids present in the extract. The accuracy and precision of the company’s extraction protocol was confirmed against eight commercial cannabinoid standards over a wide concentration range. PreveCeutical anticipates that the new protocol will accelerate the creation of a library of chemically fingerprinted cannabinoid extracts.…

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TuesdaySep 04, 2018 11:22 am

CannabisNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

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TuesdaySep 04, 2018 10:48 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reaches Fully Reporting Status with the SEC

Biotechnology company Earth Science Tech (OTC: ETST) this morning announced its Form 10 filing effective date of August 29, 2018, making the company fully reporting with the Security Exchange Commission (“SEC”). ETST is now subject to the reporting requirements of the Exchange Act of 1934, as amended. “With our Form 10 filing now effective, ETST is progressing towards fulfilling its goals,” Earth Science Tech president, director and Chairman Nickolas S. Tabraue stated in the news release. “Following this achievement, we anticipate to up-list to the OTCQB tier in early September, due to our early application submission with OTC Markets Group,…

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TuesdaySep 04, 2018 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Extend First Milestone Option

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has reached an arrangement regarding its investor rights agreement with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) to extend Aurora’s exercise deadline of its first milestone option by six weeks. The milestone option, which entitles Aurora to acquire an additional 8% of the common shares of the company, will now expire on October 12, 2018. “The Aurora partnership has been incredibly beneficial for both parties to date,” The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release.…

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TuesdaySep 04, 2018 9:32 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Records Significant Revenue Growth in FY2018 Financial Results

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its financial results for fiscal year 2018, as well as its outlook for fiscal year 2019 as the company continues its operations through both financial services and consumer products business segments. Per the update, the company’s gross operating revenues for the fiscal year ended May 31, 2018, were up 41 percent year-over-year, an increase that CIIX attributed to consumer product sales through its ChineseHempOil.com Inc. and CBD Biotechnology Co., Ltd. subsidiaries. “We have seen significant growth in revenue in the fiscal year ended May 31,…

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FridayAug 31, 2018 11:35 am

CannabisNewsBreaks – The Flowr Corp. Prepares to Join the Growing Ranks of Publicly Traded Cannabis Companies

The Flowr Corp. (“FLOWR”), a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article on TheStreet.com titled, “Will Investors Be Ready to Digest All the New Cannabis Stocks?” authored by Debra Borchardt. The article shines a light on the array of cannabis-related businesses that have recently filed and completed initial public offerings (“IPOs”). One such company is the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), which was noted in the article to have recently picked up steam. Other companies with recent debuts include MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) and Tilray…

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FridayAug 31, 2018 9:27 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) President Discusses Sports Betting App in Interview on MoneyTV

SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint president Wil Ralston discussed the company’s Stakehaul sports betting app as the first week of the NFL season approaches. “We actually just invested more into Stakehaul to get a few of these key tweaks made before the season,” SinglePoint president Wil Ralston stated in the interview. “We're integrating a payment solution, we're rolling out a marketing plan, and we're really excited for week one…

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ThursdayAug 30, 2018 12:19 pm

CannabisNewsBreaks – Barron’s Article Highlights Huge Upside Potential of Cannabis Stocks

A recent Barron’s article by Steve Garmhausen, titled ‘Pot Stocks Can’t Be Ignored’, puts a spotlight on the strong performance of marijuana stocks through the first three-quarters of 2018. As the article notes, “Marijuana stocks have been an investor darling this year, with even hedge fund billionaire Leon Cooperman betting his own money in the sector.” The most recent buying frenzy in the space came on the heels of a late-August report that alcoholic beverage giant Diageo (NYSE: DEO) was in talks to invest in or partner with at least three Canadian cannabis companies. Tilray (NASDAQ: TLRY), one of the…

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