Breaks Categories: News

TuesdayAug 24, 2021 12:38 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes Investment in Hoshi, Strengthens Gateway to European Market

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc., while also increasing its fully diluted ownership in Hoshi through a securities swap. In addition, the companies have agreed to strengthen the terms of Flora Growth’s investment in Hoshi pursuant to a binding memorandum of agreement. “The Hoshi team has developed a strong presence in Europe, and our high-quality, low-cost, medical-grade cannabis products and well-known global brands give both our companies a competitive advantage in one of the fastest…

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TuesdayAug 24, 2021 12:13 pm

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) President Featured Guest on “Electric Soil Podcast” Interview

InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, announced that Golden Triangle Ventures (OTC: GTVH) president Steffan Dalsgaard was a featured guest on the “Electric Soil Podcast.” Hosted by musician and podcasting veteran Matt Gardiner, the podcast focused on being a creativity-focused forum. In his interview, Dalsgaard explained his process for identifying people and companies to work with Golden Triangle as well as his approach toward mitigating risk. He also talked about Golden Triangle’s recent momentum and plans for the rest of 2021 and beyond. “In 2017, we did our first concert,” said Golden…

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FridayAug 20, 2021 11:21 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Issues Corporate Update

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, today announced the latest updates and news surrounding its current business activities and anticipated milestones within each division. Among the highlights, the company reported that management of its wholly owned subsidiary Global Health Services Inc. is diligently working towards the completion of acquiring Le Pragma, a forward-thinking CBD health, wellness and beauty product line dedicated to providing a daily regime to enhance an active lifestyle. In addition, the company reported on its other wholly owned subsidiaries, including Lavish Entertainment Inc., which has…

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FridayAug 20, 2021 10:58 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases H1 2021 Financial and Operational Report, Guidance for H2

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has reported financial and operating results for the six-month period ending June 30, 2021. Highlights of the report include revenue of more than $2 million with an estimated unaudited gross profit of 60% as compared to revenues of  approximately $100,000 for 2020, operating expenses of $6 million, and a cash balance of approximately $19 million with minimal debt. In addition, an operational highlight for the company included the signing of a major distribution deal with a significant Colombian food distributor Flora Growth expects to generate more…

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ThursdayAug 19, 2021 2:49 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Strategic White-Label Cannabis Beverage Manufacturing Agreement

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its entry into a definitive agreement with the Tinley Beverage Company Inc. (CSE: TNY) (OTCQX: TNYBF) to co-manufacture its award-winning cannabis-infused beverages for the Canadian market. Under the agreement, BevCanna will produce and distribute the full line of Tinley’s ready-to-drink, adult beverage-inspired sparkling Tinley’s Classics, Canadian versions of Tinley’s Tonics, currently available in California. BevCanna will also produce Tinley’s blue agave and lime-inspired Stone Daisy, the juniper berry and lime-inspired Juniper Sky and the blue agave, grapefruit and lime-inspired…

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ThursdayAug 19, 2021 10:38 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Names Former J&J Director as New Chief Scientific Officer

Green Hygienics (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, has announced that Dr. Francesca Serraino Fiory will serve as the company’s new chief scientific officer. In her new role, Fiory will manage product development, including GRYN’s multibrand portfolio, and oversee research and development efforts under TruLife Biotech, the company’s wholly owned subsidiary. In addition, she will head up partnerships with both academic institutions and research centers and will navigate the company across the global regulatory landscape. Fiory has worked for several major players in the…

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WednesdayAug 18, 2021 10:11 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Receives Initial PO from Alberta Gaming and Liquor Commission

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has received multiple product listings and purchase orders from Alberta Gaming and Liquor Commission (“AGLC”). The initial order includes international bestsellers Keef and Green Monké products as well BevCanna’s new brand, State B Beverages. The products are slated  to be on the shelves of more than 600 licensed private retailers by the fall; the products will also be available online. AGLC is the government of Alberta's agency that oversees the gaming, liquor and cannabis industries in Alberta; the agency also operates the…

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TuesdayAug 17, 2021 1:09 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Closes on Acquisition of Property Designated as Second LA Nug Avenue Delivery Hub

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has closed on its previously announced acquisition of a Los Angelese property; the company noted that the property has been designated as a new distribution and delivery hub for SGMD’s Nug Avenue cannabis delivery segment. The company has also previously announced the signing of a memorandum of understanding to apply and obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation; the company is also applying for corresponding licenses from the California Bureau of Cannabis Control. These licenses should provide the…

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TuesdayAug 17, 2021 11:02 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Featured in PCG Report Noting Company Could Deliver for Investors

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is featured in a report issued by PCG Digital Holdings LLC, an affiliate of PCG Advisory Inc. In the report, PCG noted that “Lexaria, delivering active ingredients to patients, could deliver for investors too.” The report stated that LEXX may be poised for a surge as the company’s DehydraTECH(TM) platform has proven to be an effective way to deliver active ingredients. The release noted that DehydraTECH had shown effectiveness as a hypertension treatment using CBD as well as with various antivirals. In addition, the release reported that DehydraTECH-enabled products are…

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TuesdayAug 17, 2021 10:37 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Plans to Acquire Industry Leading Vessel Brand

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its entry into a letter of intent (“LOI”) to acquire 100% of Vessel Brand Inc. Vessel is driving cannabis and wellness industries forward by bringing to market innovative products and experiences that elevate consumer expectations. With its decades of go-to-market experience, unique lineup of high-end dry-herb accessories and vape pen batteries, and bespoke product programs for brands, Vessel is the go-to product line for consumers, multistate operators and brands alike. “As we ramp up production and continue scaling for global growth,…

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