News Archives - Page 237 of 302

TuesdayJul 31, 2018 10:31 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Welcomes Stormy Simon as Strategy Officer and Board Member

Global Payout, Inc. (OTC: GOHE) this morning announced that it has appointed Stormy Simon as its new strategy officer and board member. Per the update, Simon spent 15 years with e-commerce giant Overstock.com (NASDAQ: OSTK) prior to joining Global Payout, guiding the company through the early stages of its development as it emerged as a nationally recognized e-commerce leader. In July 2016, she made the decision to part ways with Overstock.com to begin exploration into the emerging cannabis market. “After a couple years of self-education within the cannabis industry, including the ancillary businesses that are emerging to support it, I…

TuesdayJul 31, 2018 10:28 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Enters Definitive Agreement to Acquire Canna Farms Ltd.

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced its entrance into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited, a premium cannabis company in British Columbia. The acquisition enables the two complementary businesses to leverage their strengths prior to the opening of the Canadian adult-use market in the fall. The transaction value of approximately $133 million will be comprised of $22 million in cash and 92.5 million ABcann shares. The shares will be released from escrow in six month increments over a total of 30…

TuesdayJul 31, 2018 9:55 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Definitive Agreement with Hill Street Beverage Company, Inc. (TSXV: BEER)

Drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), together with Hill Street Beverage Company (TSXV: BEER), this morning announced that the companies have signed a definitive agreement to license Lexaria's DehydraTECH™ for five years on a semi-exclusive basis to produce a line of cannabis-infused alcohol-free beverages to be distributed in Canada following regulatory approval. The purchase price shall be partially paid to Lexaria in common shares in the capital of Hill Street totaling $56,250, which is equal to 419,982 common shares. The issuance of the shares is subject to regulatory approval. "Hill Street's award-winning and great-tasting wines and…

MondayJul 30, 2018 10:40 am

CannabisNewsBreaks – The Flowr Corp. Discusses Company Activities in Interview with New Cannabis Ventures

The Flowr Corp. was the subject of a recent article by New Cannabis Ventures highlighting the company’s activities as it prepares to become publicly-listed. CEO Tom Flow and Chairman of the Board and Chief Strategist Steve Klein provided an exclusive interview with New Cannabis Ventures discussing its strategy to compete in the booming Canadian market. Per the article, the company is currently building its 84,000-square-foot flagship facility in Kelowna, British Columbia, which is expected to be complete by year-end with an annual production capacity of 12,000 to 15,000 kilos. The company is also designing other facilities, which will bring Flowr’s…

FridayJul 27, 2018 9:39 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Introduces FIRESIDE Recreational Cannabis Brand

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the introduction of FIRESIDE, its first recreational cannabis brand. Per the update, FIRESIDE has been tailored specifically for social cannabis users, based on extensive research and consumer insights. When the adult-use recreational cannabis market opens to Canadians on October 17, 2018, FIRESIDE products will be available in both dried whole-bud and pre-rolled formats. “Legalization will bring a wide variety of different consumers to cannabis, and many will want a high-quality product without having to be an expert at choosing between strains,” Sung Kang, chief marketing officer…

ThursdayJul 26, 2018 12:51 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Reiterates Revenue Guidance; Focuses on Rapid Growth Market Opportunities

Sugarmade (OTC: SGMD), one of the largest publicly traded cannabis-related hydroponics supply companies, recently reiterated its $30 million revenue guidance for the fiscal year ending 2019. The guidance is supported as the company remains on a robust growth trajectory to reach at least $30 million, which will represent an increase in annual growth of over 500%. Fast expansion in the cannabis cultivation sector has been credited as the key contributor to Sugarmade’s aggressive growth rate. In addition, the company also recently concluded its culinary business line to concentrate on rapid growth market opportunities in cultivation. "We believe our growth-induced reporting…

ThursdayJul 26, 2018 10:12 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Strengthens App with Launch of Brand Locator and Profile Claiming Features

NUGL Inc. (OTC: NUGL), the cannabis industry's new standard of technology, this morning announced the eagerly anticipated launch of its brand locator and profile claiming features for the cannabis community and its rapidly growing fan base. “Brands are and will be the focus for us,” Ryan Bartlett, CMO of NUGL, stated in the news release. “Now users can search for brand specific items and see which stores offer these items, where they are located and read or offer their own unbiased reviews.” As noted in the update, NUGL’s platform is designed to serve cannabis-related businesses, products, services and users by…

ThursdayJul 26, 2018 9:50 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Names New Chief Information Officer

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced the appointment of Geoff Riggs as Chief Information Officer. Riggs will help guide the company’s direction on information technology, e-commerce and artificial intelligence strategies to support TGOD’s domestic and global expansion. By utilizing big-data mining and predictive analytics, TGOD intends to optimize all aspects of the company, including product sales forecasting, integrated greenhouse operations, consumer engagement and the development of intellectual property to create an artificial intelligence decision support system for the global cannabis industry. “All modern industries are data driven and the…

WednesdayJul 25, 2018 9:27 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Posts NIBA Conference Presentation

SinglePoint (OTCQB: SING) this morning provided a video of its presentation and summary of its attendance at the 2018 National Investment Banking Association (“NIBA”) conference in New York City. Spanning a day and a half, the NIBA conference showcased public and private companies of all sizes and industries that are actively seeking to raise capital or to raise their profile in the investment community. “We are excited to share with everyone the presentation Wil Ralston and myself gave. We had many positive meetings and a lot of interest in the company. We believe many opportunities will present themselves stemming from…

TuesdayJul 24, 2018 1:09 pm

CannabisNewsBreaks – Green Flower Opens Registration for August Introduction of ‘My Cannabis Career’ Summit

Ventura-based video platform company Green Flower yesterday announced that it has opened registration for the August 11, 2018, introduction of its ‘My Cannabis Career’ Summit. Per the update, the event is being produced to provide cannabis industry wannabe’s with an opportunity to hear directly from the best executives in the business. The summit is free for all interested participants on August 11 and available to ‘Premium’ subscribers thereafter. “These specialists have found their distinctive place in the Cannabis business,” Max Simon, CEO of Green Flower, stated in the news release. “Their unique experiences and challenges provide an abundant resource of…

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