Breaks Categories: News

TuesdaySep 07, 2021 11:03 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Marks Milestone with Receipt of 2021 Commercial Export Quota of Psychoactive Cannabis Flower from Colombian Government

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has received its 2021 export quota from the Colombian Technical Quotas Group (“TQG”) of 7,900 kilograms of high-THC cannabis dried flower; the company anticipates using the dried flower for direct sale or to process into derivative products that will be exported. FLGC has already signed numerous agreements for the sale and distribution of the dried flower as well as derivative products into several international jurisdictions, including South Africa, Australia, Latin America and the European Union. FLGC management stated that receiving the quota was a…

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TuesdaySep 07, 2021 9:57 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Concerning Formation of Joint Venture, Potential Acquisition

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today provided further updates to its March and May 2021 announcements regarding discussions with a Canadian cannabis company surrounding development of a memorandum of understanding (“MOU”). The MOU sets forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream throughout Canada. “Execution of the MOU moved the entire process forward, as we now more clearly understand each other’s overall goals and priorities as well as the…

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FridaySep 03, 2021 10:15 am

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 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 recognized…

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FridaySep 03, 2021 9:51 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH), Subsidiary Finalize Initial Production Run for Entry into Mexico CBD Market

Golden Triangle Ventures (OTC: GTVH) and its wholly owned subsidiary Sonder Fulfillment LLC have received contracts for white-labeled CBD products for retail applications in Mexico; the announcement marks the successful entry of the company into Mexico. Sonder Fulfillment is focused on driving forward the most efficacious and powerful cannabinoid products in the world, and the company has been working with various distribution companies to enter the Mexico market for the past year or more. The company’s current agreement outlines the production of 11 different product SKUs on a monthly recurring basis, and Sonder just wrapped up the initial production run…

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WednesdaySep 01, 2021 11:46 am

CannabisNewsBreaks – The Alkaline Water Company Inc.’s (NASDAQ: WTER) (CSE: WTER) Alkaline88(R) Coming Soon to 9 Major US Airports

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company and The Clean Beverage Company(TM), today announced that its one-liter and 700ml bottles of Alkaline88(R) will be available in over 100 retail locations in nine major U.S. airports. “With the rebounding of the airline industry, this was an ideal time for Alkaline88 to enter into this channel. The sales team and our new director of hospitality and foodservice, Gary Bliss, have done an amazing job securing this deal. Now, hundreds of millions of passengers will have access to Deliciously Smooth(TM) Alkaline88 as they travel through…

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TuesdayAug 31, 2021 12:03 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Inks Definitive Agreement to Acquire California Cannabis Licenses

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed a definitive agreement outlining the acquisition of three nonstorefront California cannabis licenses from the Department of Cannabis Regulation (“DCR”) in Los Angeles; the agreement also includes corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Both pieces combined will allow Sugarmade to license and operate three new vertically integrated Nug Avenue cannabis delivery hubs. According to the announcement, each of the three licenses can be used for up to three of the five categories of licensed cannabis-related business activities allowed under the…

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TuesdayAug 31, 2021 9:59 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Q2 2021 Financials, Business Highlights

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has reported its second quarter 2021 financials. The report includes the news that adjusted sales for the first six months reached $58.5 million, with revenue for Q2 2021 topping $13.3 million compared to $11.8 million in Q1 2021, an increase of 13%. The company’s gross margin for the period was $9.5 million. The company also noted that it was able to reduce its short-term obligations through repayment of approximately $18 million of debt and restructuring of more than $20 million into long-term debt.…

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FridayAug 27, 2021 10:35 am

CannabisNewsBreaks – Southern Hemp Expo 2021 to Shine the Spotlight on an Evolving Industry

Let’s Talk Hemp and We Are For Better Alternatives (“WAFBA”), both of which are leading organizations for the advancement and advocacy of hemp farming, processing, production, innovation, education and legalization in the U.S., are set to host the upcoming Southern Hemp Expo 2021. The three-day event is slated to be held in Raleigh, North Carolina, on Sept. 2-4, 2021. Taking place in the 160,000-plus square feet of dedicated space of the Raleigh Convention Center, the Southern Hemp Expo will feature a robust lineup of industry experts, leaders and exhibitors divided into three distinct sessions of live education programming and seminars. “From wellness supplements to…

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ThursdayAug 26, 2021 3:10 pm

CannabisNewsBreaks – InvestorBrandNetwork, HempWire to Heighten Visibility of Upcoming Southern Hemp Expo

InvestorBrandNetwork (“IBN”), an innovative corporate communications firm and content distributor, today announced its collaboration with the producers of the Southern Hemp Expo. The event, produced by We Are For Better Alternatives (“WAFBA”) and Colorado Hemp Company, is slated to take place at the Raleigh Convention Center in Raleigh, North Carolina, on Sept. 2-4, 2021. InvestorBrandNetwork will serve as the event’s official media partner with HempWire (“HW”) named as the conference’s official newswire. Set to return in an in-person format, the Southern Hemp Expo will feature a robust lineup of industry experts, leaders and exhibitors in three days of live education programming and seminars. “Our teams have enjoyed…

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ThursdayAug 26, 2021 12:43 pm

CannabisNewsBreaks – American Cannabis Partners Featured in Latest Episode of ‘Bell2Bell’ Podcast

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, was featured in the “Bell2Bell Podcast,” a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. ACP’s CEO Stephen Jordan joined the latest episode to discuss the company’s business model and strategic approach to minimizing shareholder risk. “American Cannabis Partners (‘ACP’) is a multistate operator. We have farms in Northern California as well as the state of Michigan,” Jordan said. “We have 11 cultivation licenses totaling about 560,000 square foot of canopy space. These are acquired licenses, so it is fully legit. We have…

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