Breaks Categories: News

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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ThursdayJun 03, 2021 1:43 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Production of 1 Gram FSO Vape Cartridges

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) wholly owned subsidiary, Pure Extract Manufacturing Corp., has developed a proprietary 1 gram, full-spectrum oil (“FSO”) vape cartridge. Pure Extracts, a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, announced that production has begun on the cartridges, which will be distributed and sold in the Canadian retail market. The cartridges will be filled with a variety of PULL’s 30-plus proprietary cannabis FSO formulations, including Super Lemon Haze, Grand Daddy Purple and GSK. Pure Extracts uses 510 vape cartridges that are produced by a global manufacturer…

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WednesdayJun 02, 2021 12:03 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: GLDFF) Announces OTC Ticker Symbol Change Effective June 3, 2021

Chalice Brands (CSE: CHAL) (OTCQB: GLDFF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today announced a change in the company's stock symbol trading on the OTCQB(R) Venture Market. According to the update, the company's common shares will trade on the OTCQB under the symbol "CHALF" effective June 3, 2021. The previous trading symbol was "GLDFF." To view the full press release, visit https://cnw.fm/CsM7b About Chalice Brands Ltd. Chalice Brands is a premier consumer-driven cannabis company specializing in production, processing, wholesale, distribution, and retail, with 12 dispensaries in Portland, Oregon.…

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WednesdayJun 02, 2021 11:28 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Select Q1 2021 Operating Highlights

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, is reporting some business highlights for Q1 2021 and 2020 fiscal year. Those highlights include adjusted sales for the first quarter 2021 totaling an estimated C$32.2 million, which is a sequential increase of 2.4% from Q4 2020’s adjusted sales of $31.4 million. The company also achieved positive adjusted EBITDA of C$460,000 for Q1 2021. The company noted that these numbers do not include RWB Michigan, whose assets are currently being migrated to RWB; RWB Florida, which closed on April 28, 2021; or RWB…

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