Breaks Categories: News

ThursdaySep 16, 2021 10:37 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters LOI with Panamanian Importer and Distributor, Applauds Recent Cannabis Law Reforms

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a non-binding letter of intent (“LOI”) with Robust Farms Inc., a Panamanian importer and distributor, to supply its premium cannabidiol (“CBD”) derivative products from its Kasa Wholefoods division. In addition, Robust will be applying for its import license of cannabis products, which, upon receipt of this updated licensing, Flora expects to ship its medical-grade cannabis products. Panama’s National Legislative Assembly recently passed Bill 153 to legalize the use of medical cannabis and its therapeutic properties, and Panama is…

Continue Reading

WednesdaySep 15, 2021 11:29 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Acquires Controlling Interest in Monterey-Based Summit Boys Inc.

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock transaction valued at $250,000, based on GPFT’s Sept. 10 closing price. Henceforth, all Summit Boys revenues will be consolidated with Grapefruit’s financial statements. “Summit Boys is a highly respected extracts brand in the California cannabis market, and we are very pleased with the completion of…

Continue Reading

WednesdaySep 15, 2021 10:12 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Products, Leading Brand to be Available from Leading Cannabis Distributor

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has received multiple purchase orders from British Columbia Liquor Distribution Branch (“BCLDB”), which will now be carrying multiple BVNNF products. BCLDB will offer BevCanna’s internationally popular Bubba Kush RootBeerand Orange Kush Classic Sodafrom its no. 1-selling U.S. beverage brand Keef Brands. In addition, BevCanna will be premiering its own BC beverage brand — State B Cannabis Beverage Co.—for provincial and private retail distribution. The company will start by offering two options: Sparkleand Resolve According to the announcement, the products will be shipping later this month to BCLDB, one…

Continue Reading

TuesdaySep 14, 2021 12:28 pm

CannabisNewsBreaks – IBN Collaborates for Upcoming Investing in Women Cannabis Pioneers — The Brand Builders Conference

IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company for private and public entities, today announced its continued multiyear collaboration with Roth Capital Partners (“Roth”) for the Investing in Women Cannabis Pioneers — The Brand Builders event. The conference is slated to take place on Sept. 28, 2021. Roth is renowned for hosting some of the world’s largest conferences across a variety of equity segments and has designed this event to provide a series of unique insights into the cannabis sector. Held in partnership with Wendy A. Berger, founder of Woman Backing Women LLC, the conference will provide investors the…

Continue Reading

MondaySep 13, 2021 11:54 am

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Enters Definitive Agreement for ‘Transformative’ Acquisition of Leading Manufacturer of Rare Cannabinoids

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, has signed a definitive agreement to acquire BayMedica Inc., a private, U.S.-based company that specializes in the manufacturing and commercialization of rare cannabinoids. According to the announcement, the acquisition is expected to be final in the coming weeks, subject to standard closing conditions. The strategic move is designed to firmly establish INM as a leader in the manufacturing and commercialization of rare cannabinoids as well as strengthen the company’s position within growing consumer health and wellness cannabinoid markets. The acquisition includes BayMedica’s pipeline and several…

Continue Reading

MondaySep 13, 2021 10:19 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Enters Agreement with Top Canadian Cannabis Sales Agency

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced a sales service agreement with Velvet Management Inc, Canada’s leading cannabis sales agency. BVNNF’s partnership with the agency will be key as BevCanna focuses on building national brand awareness and increases its sales penetration. A premier full-service cannabis marketing agency, Velvet Management has built a reputation for representing Canadian Licensed Producers and others to both government buyers and private retailers; the agency’s list of clients include the Valens Company (TSX: VLNS), Citizen Stash, The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), Harvest One (TSX.V:…

Continue Reading

FridaySep 10, 2021 10:27 am

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) to Present at H.C. Wainwright 23rd Annual Global Investment Conference

InMed Pharmaceuticals (NASDAQ: INM), a leader in the manufacturing and clinical development of rare cannabinoids, today announced that its president and CEO Eric. A. Adams will present at the H.C. Wainwright 23rd Annual Global Investment Conference. The event is slated to be held virtually from Sept. 13-15, 2021. Adams’ presentation will be available on-demand beginning at 1:00 p.m. ET on Sept. 13, accessible from the H.C. Wainwright events platform at HCW Events. An archived replay will be available on the company’s website immediately following the conference for a period of 90 days. In addition, InMed’s management team will be conducting…

Continue Reading

ThursdaySep 09, 2021 3:42 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Receipt of GMC Authorization Permitting Cosmetic Product Manufacturing

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, announced that it has received Good Manufacturing Practices (“GMP”) certification from the Colombian National Food and Drug Surveillance Institute (“INVIMA”) authorizing the manufacture of cosmetics products. Effective immediately, the GMP authorization allows Flora to offer cosmetic products for export to international markets that require goods meet the rigorous GMP standards. The authorization also recognizes the Flora lab for its quality procedures, which are in line with global pharmaceutical companies, and demonstrates the company’s operational excellence and capability of achieving pharmaceutical-grade standards. Those standards are…

Continue Reading

ThursdaySep 09, 2021 1:49 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Builds Out New Florida Facility for Edibles Production

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a leading provider of cannabis brands in the United States, announced that it has built-out a new production facility. The facility meets GMP specifications and enables the company to capitalize on the expanding cannabis derivative market in Florida. The new 4,800-square-foot structure is located at RWBYF’s Sanderson, Florida, location and was built to meet the fast-growing demand for edibles. According to a BDSA report, the state’s medical cannabis market has been projected to reach $1.5 billion in sales in 2021, which would be a 53% increase compared to 2020 numbers; the same report…

Continue Reading

ThursdaySep 09, 2021 1:00 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announced as Participant at H.C. Wainwright Global Investment Conference

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, will be featured at this year’s 23rd annual H.C. Wainwright Global Investment Conference. The three-day, virtual conference is scheduled for Sept. 13–15, 2021. WTER president and CEO Ricky Wright will present during the conference; his presentation will be available beginning Sept. 13. Wright’s presentation will include a look at the company’s most recent highlights and accomplishments as well as a discussion regarding WTER’s future strategy and outlook. In addition, members of the company’s management team will also be available for virtual meetings with qualified investors attending…

Continue Reading