Breaks Categories: News

MondayFeb 28, 2022 1:15 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Strengthens Foothold in US Wellness Market with Acquisition of JustCBD

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that it has acquired 100% of the equity interests in each of Just Brands LLC and High Roller Private Label LLC for cash consideration of US$16.0 million and 9.5 million privately issued Flora common shares, subject to certain potential future adjustments. According to the update, Just Brands and High Roller are the owners of the JustCBD brand and associated operations (collectively “JustCBD”). “We are thrilled to announce this news today and welcome the JustCBD team to Flora. To build such a recognizable brand…

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FridayFeb 25, 2022 10:32 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Appoints Jessie Casner as CMO to Guide Multinational Marketing Campaign Objectives

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, continues to strengthen its executive bench with the appointment of Jessie Casner as the company’s chief marketing officer. Casner joins Flora from the recently acquired Vessel brand, where she served as vice president of sales and marketing. Casner’s experience in brand marketing will assist in driving the rapid growth of Flora’s core CPG brands, including Vessel, Tonino Lamborghini, Mind Naturals, Stardog, and others. “I’m excited to welcome Jessie Casner as our chief marketing officer,” said Luis Merchan, CEO of Flora Growth. “This appointment is another…

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WednesdayFeb 23, 2022 11:45 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) CEO Elected to Coachillin’ Canna-Business Park Board

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, today announced that its Chief Executive Officer Bradley J. Yourist was elected to the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park’s Property Owners Association Board of Directors (the “Board”) for a one-year term, effective immediately. Located 14 miles north of downtown Palm Springs, the 160-acre Coachillin’ Canna-Business Park is the first and largest cooperative canna-business compound of its kind. The landowners each own a proportionate interest in a collaborative owner's association, allowing them to share much of the park overhead such as clean cultivation water, park security and access to agricultural…

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TuesdayFeb 22, 2022 1:02 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Excited to Bring Cannabis Wellness Products to Consumers in Columbia, Around the Globe

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that it has filed 23 cannabinoid-infused food and beverage products with the Instituto Nacional de Vigilancia de Medicamentos y Alimentos (“INVIMA”), similar to the U.S. Food and Drug Administration (“FDA”). The announcement comes as Colombian President Ivan Duque signed Resolution 227, which provides the framework for the use, distribution and export of cannabis, dried flower and other non-psychoactive derivatives. Flora expects to be the world’s first cultivator to obtain these unique INVIMA approvals for its cannabinoid-infused food and beverage products developed under its…

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ThursdayFeb 17, 2022 11:41 am

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Partners with University of Milan to Test, Evaluate New Line of Smart-Patch Wellness Products

RYAH Group (CSE: RYAH), a connected device and big data and technology company focused on valuable predictive analysis in the global medical plant and nutraceutical intake industry, will be collaborating with the University of Milan, Italy, on a new wellness line of topical patches. The partnership will be testing the permeation and effectiveness of the patches, which RYAH developed for its Smart Patch system. University scientists are focused on determining the permeation effectiveness of vitamin and nutraceutical patches as an alternative slow-release, nondigested solution to consumer intake; they will also use the RYAH Smart Patch “boost capability” to monitor and…

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WednesdayFeb 16, 2022 3:27 pm

CannabisNewsBreaks – ECGI Holdings Inc. (ECGI) CEO Discusses ‘Defining Transition to Drive Shareholder Value’ in Update Letter

ECGI Holdings (OTC: ECGI) (d.b.a. Elite Cannabis Group Incorporated), a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today issued a letter to shareholders from the company’s CEO William Chung. In the letter, Chung expressed gratitude for ECGI shareholders for their commitment, patience and loyalty as the company undertakes a defining transition to drive value where it sees a strong combination of strategic edge and outsized growth potential. “We will fill in further details in coming communications, but we want shareholders to understand now that we have already taken important strides toward commercial stage operations in the…

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WednesdayFeb 16, 2022 1:50 pm

CannabisNewsBreaks – InMed Pharmaceuticals Inc.’s (NASDAQ: INM) Evolution to Commercial Sales to Health and Wellness Market Featured in Research Report

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, was featured in a report published by Edison Group, a leading research and investor relations consultancy. According to the piece, InMed achieved Q222 financial results that reflect its evolution from a pure-play biotech firm to one with commercial sales to the health and wellness market, with revenues of $0.3 million, all cannabichromene (“CBC”). “As of January, it also began selling cannabicitran (‘CBT’) to the health and wellness market,” notes the report. “The now-completed BayMedica acquisition boosts its product portfolio for rare cannabinoids and rounds…

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TuesdayFeb 15, 2022 12:37 pm

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Names BayMedica VP of Sales, Releases Q2 2022 Report

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, has appointed Gerard (Jerry) P. Griffin III as vice president of sales and marketing at BayMedica, a wholly owned subsidiary of InMed. In his new role, Griffin will manage the commercialization of BayMedica’s health and wellness business including existing products as well as the launch of new products. Griffin brings a rich background to this position, having a proven track record as a veteran sales executive. He has served in several senior positions in Fortune 500 companies, including most recently as VP of sales…

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FridayFeb 11, 2022 10:40 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Host CBD and the Global Market Webinar

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products, has announced that it will hold a webinar today, Feb.11, at 1:00 p.m. ET. The CBD and the Global Market webinar will be the first of the company’s “State of Play” series. During the webinar, Flora CEO Luis Merchan will explore the opportunities and challenges that lie ahead for the CBD industry in North America, Latin America and the EU. Interested parties should visit https://cnw.fm/tSRGL and, upon registration, can submit questions in advance of the event. To view the full press release, visit https://cnw.fm/LqF2l About Flora Growth…

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ThursdayFeb 10, 2022 1:01 pm

CannabisNewsBreaks – O’Cannabiz International Event Returns to Toronto in June

The O’Cannabiz International Awards, Conference and Expo presented by ND Supplies is heading back to Toronto this year; the three-day event is scheduled for June 1–3, 2022. The event has built a reputation for providing a high-level lineup of exhibitors, speakers and conference topics designed to cover innovative and informative research and the latest in technology. The event also offers invaluable networking opportunities that enable conference participants to rub shoulders with cannabis industry professionals and experts from around the world. This year’s event will also feature new core elements with educational programming delivered on three separate stages. Topics covered will…

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