Breaks Categories: News

FridayJul 16, 2021 10:24 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Releases Statement Regarding Passing of Oregon Cannabis Omnibus Bill

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, announced that it “celebrates” the Oregon Senate’s passing of the SB408 Cannabis Omnibus Bill. According to the company, the bill represents a major step toward modernizing Oregon’s cannabis regulations to create a better business environment for the industry and further aligns Oregon’s cannabis regulations with the reality of today’s industry. Oregon Gov. Kate Brown signed the bill into law on June 29, 2021. Chalice Brands noted that it is also a supporter of the Cannabis Administration and Opportunity Act discussion draft…

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TuesdayJul 13, 2021 11:05 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Expands Considerable IP Portfolio with Patent Protection in Japan

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced an additional expansion of its intellectual property (“IP”) portfolio with its first-ever patent granted in Japan. According to the update, “Stable ready-to-drink beverage compositions comprising lipophilic active agents” is the title of the patent that adds to the company's considerable portfolio. “With our 20th patent granted worldwide, Lexaria continues to demonstrate the versatility of our DehydraTECH(TM) drug delivery platform, encouraging innovation in the consumable liquid category around the world,” said Chris Bunka, CEO of Lexaria. “This new patent adds to our existing suite of granted…

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MondayJul 12, 2021 10:02 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Plans to Release Financial Reports

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, will be releasing two financial reports by the end of the month. The company announced plans to report its numbers for FY 2020, the fiscal year ended Dec. 31, 2020, after market close on July 22, 2021; the company will also release its third-quarter financial report for the period ended March 31, 2021, after market close on July 26, 2021. In addition, the company announced plans for a management conference call, scheduled for July 27, 2021, at 4:30 p.m. ET. More details…

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FridayJul 09, 2021 4:05 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Featured in Stockhouse Media Podcast

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, was featured in an exclusive Q&A video podcast produced by Stockhouse Media. Chalice Brands CEO and President Jeff Yapp and Executive Chairman John Varghese join Stockhouse Media’s Dave Jackson in an engaging discussion to bring the podcast’s audience up-to-date on this intriguing brand and exciting investment opportunity. The Q&A covered various topics, including the team’s experience in the cannabis space, new company developments, Chalice Brands’ innovative brands and products, strong growth potential and disciplined approach to…

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WednesdayJul 07, 2021 10:36 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Founding Member Writes Shareholder Letter

Golden Triangle Ventures (OTC: GTVH) and founding member Nathan Puente, CEO of Sonder Fulfillment LLC, have released a mid-year letter to shareholders. The letter provides an update on current activities and also outlines the corporate strategy of Sonder, a company that GTVH, a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, has signed a letter of intent to acquire. In the letter, Puente notes that the goal of Sonder Fulfillment is to educate people around the world about the hemp plant and its potential as a natural substitute to harsh prescription medication. Puente observed that providing natural…

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TuesdayJul 06, 2021 10:42 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Executes Another Record Quarter with Focus on Profitable Operations, Accreditive Acquisition

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today pre-announced its unaudited financial results for the second quarter 2021. Among the highlights, the company reported highest-ever record quarterly revenues from continuing operations of $6.8 million, a 23% year-over-year increase compared to $5.5 million for the same period in 2020. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition a Homegrown Oregon,” said Jeff Yapp, CEO and president of Chalice Brands. “The integration of Homegrown and…

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TuesdayJul 06, 2021 10:11 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020,…

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TuesdayJul 06, 2021 9:53 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based products, owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz County, California. “Over the last 15 months, Grapefruit has been hampered from effectively distributing our Hourglass topical relief cream to new retail cannabis outlets due to the COVID-19 lockdown. Now that the…

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ThursdayJul 01, 2021 1:16 pm

CannabisNewsBreaks – Beverage Trade Network Announces Cannabis Drinks Expo 2021 Dates, Locations

Two cannabis drink events have been scheduled for November 2021. Cannabis Drinks Expo 2021 will be held in Chicago on Nov. 11, 2021, and in San Francisco on Nov. 15, 2021; the premier events are planned and hosted by Beverage Trade Network. Applications for exhibitors and visitor passes are now being accepted, and cannabis drink industry leaders, companies, and participants are planning to attend the events. The Cannabis Drinks Expos are the only shows in North America completely dedicated to the business of cannabis drink products. The two single-day gatherings offer a unique opportunity to get in on the ground floor of…

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ThursdayJul 01, 2021 10:54 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Releases Shareholder Letter from Napa Wine Brands CEO

Golden Triangle Ventures (OTC: GTVH), a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, has shared a letter from Arron Johnson, CEO of Napa Wine Brands, written to shareholders. The letter includes an update on the company’s Food & Wine Division activities and outlines the division’s corporate strategy. In the letter, Johnson notes that Napa Wine Brands was recently acquired by Golden Triangle Ventures; consequently, the two companies are working to launch many brands and products within Napa Wine Brands. Johnson also noted the company’s acquisition of The Lodge Winery & Olive Oil Co., an established…

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