Breaks Categories: News

TuesdayJun 15, 2021 12:40 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Looks to Focus Expertise on Psychedelic Drug Formulation as Manufacturing Programs Advance

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator focused on next-generation drug delivery, diagnostic and new active pharmaceutical ingredient investment opportunities, today announced that it was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community. The audio press release discusses the company’s recent announcement regarding the status of its GMP mescaline synthesis program. “With both its North American GMP mescaline synthesis program and German-based psilocybin biotechnology production underway, the first stage of XPhyto's psychedelic medicine program is progressing on schedule. As the manufacturing programs advance,…

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MondayJun 14, 2021 2:39 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF), Acreage Holdings Inc. (CSE: ACRG) (OTCQX: ACRHF) Complete Sale of Note

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, and Acreage Holdings (CSE: ACRG, ACRG.A.U, ACRG.B.U) (OTCQX: ACRHF, ACRDF) have announced additional information about the sale of a $28 million promissory notes that Acreage received as consideration for the previously announced sale of its Acreage Florida subsidiary to RWBYF. A multistate operator of cannabis ‎cultivation and retailing facilities in the United States, Acreage Holdings announced that it has completed the sale of the promissory notes. The notes, which are due from Red White and Bloom Brands, were sold to Viridescent Realty…

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MondayJun 14, 2021 11:35 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Expands Hemp-Based Products with Pet CBD Tincture Targeting Anxiety, Joint Pain

Grapefruit USA (OTCQB: GPFT), a California-based hemp and cannabis company, today announced that it is expanding its hemp-based cannabidiol (“CBD”) product line with a new U.S. Department of Agriculture (“USDA”) certified CBD pet tincture. The product targets two of the most common dog and cat ailments — anxiety and joint pain. “We understand that pet owners are now demanding organic, plant-based, natural remedies to keep their furry family members calm and in good health, and avoid the potential negative side effects of generic, synthetic pet medications,” said Bradley Yourist, co-founder and CEO of GPFT. “Grapefruit’s new Pet CBD Tincture meets…

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ThursdayJun 10, 2021 2:45 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Eyes Exciting Month in Commencement of Production, Sales of CBD Gummies

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, is pleased to announce that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has developed and is in production of innovative, high potency CBD edible gummies for the Canadian market. “June is going to be a very exciting month for us as we commence sales of gummies through our distribution partner,” said Pure Extracts CEO Ben Nikolaevsky. “The edible gummie business is a material revenue producer for Pure Extracts. We plan to replicate the success…

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ThursdayJun 10, 2021 1:03 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Subsidiary Publishes Data Report on Medical Cannabis Use for Pain Management

RYAH Group (CSE: RYAH) today announced that its wholly owned subsidiary, RYAH Medtech Inc., has published a data report on the use of medical cannabis among patients with pain conditions. According to the update, the report features insights into the use of cannabis to treat pain conditions by patients within the RYAH Data ecosystem and whether cannabis may be one of the alternative treatment solutions to reduce opioid use-related problems associated with existing treatment options. “The RYAH data report on cannabis use for pain management comes at a turning point as studies on alternatives to opioids in treatment and potential…

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ThursdayJun 10, 2021 11:44 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Announces Strategic Acquisition of Industrial Hemp and CBD Industry Leader

Golden Triangle Ventures (OTC: GTVH) (“GTV”) today announced the full acquisition of Sonder Fulfillment LLC. Dedicated to driving forward the world’s most powerful and efficacious cannabinoid products, Sonder Fulfillment is a leader in the industrial hemp and CBD industry. “The team at Sonder Fulfillment have been partners of ours for a long time and we have all been working together for years on many different projects within our company,” said Steffan Dalsgaard, CEO of Golden Triangle Ventures. “Completing this acquisition brings one of the most amazing teams I have ever had the pleasure to work with, formally, into our family.…

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ThursdayJun 10, 2021 10:57 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Offers Key Probulin Products for Boots Ireland Launch

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, today announced the launch of key products through its wholly owned subsidiary, Probulin Probiotics LLC, in Boots Ireland, the country’s leading pharmacy-led health and beauty retailer. Offering its new EU-compliant Probulin products for the Boots Ireland launch establishes a foundation for HempFusion to take advantage of further opportunities and expansion in retailers across Ireland, the United Kingdom and Europe. “In January, we signed the initial distribution deal for Ireland and we’re pleased that Boots, the largest pharmacy-led health…

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WednesdayJun 09, 2021 11:25 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Plans to Join Russell Microcap Index

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the largest independent alkaline water company in the country, is set to join the Russell Microcap(R) Index. The company will join the index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, 2021. Membership in the Russell Microcap Index remains in place for one year. In addition, companies on the index are automatically included in appropriate growth and value style indexes; membership for Russell indexes are determined by FTSE Russell based primarily on objective, market-capitalization rankings and style attributes. Investment managers and institutional investors…

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MondayJun 07, 2021 10:40 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Completes $44.5M in Financial Transactions, Retires $7.7M in Debt

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has finalized financial transactions resulting in a net cash infusion for the company of $36.8 million. The transactions provide full funding for the company’s initial budget for its expansion into Florida as well as its upcoming branding and expansion strategy into Michigan; the transactions also provide funding for the company to pay off an estimated $7.7 million in debt. The transactions included the closing of a nonbrokered private placement of 8,445,426 units offered at a price of C$1.15 per unit and the…

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FridayJun 04, 2021 9:56 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Releases New TRACE Beverage Multi-Pack Option

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has announced that it is offering new packages of its TRACE line of alkaline and mineral-infused water products. This announcement is in addition to the company’s recently announced new partnerships, including with leading East Coast distributor Koyo Foods and leading natural product wholesaler Benefit Brand Management. The new TRACE multi-packs are available across Canada and were designed in response to consumer demand for take-home and value-priced options for wellness products; the company believes the new option will increase the range of TRACE…

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