Breaks Categories: News

TuesdayApr 27, 2021 1:57 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Enters Strategic Agreement with Creekside Springs Amid Increased Retail Sales

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, today announced its entry into a contract packaging agreement with Creekside Springs LLC of Ambridge, Pennsylvania, to produce Alkaline88(R) bottled water products for the region. “This move is important as our retail sales continue to increase. With the addition of major retailers and anticipated SKU expansion in up to 16,000 current retail locations, it is critical to stay ahead of consumer demand for Alkaline88,” said Richard A. Wright, president and CEO of The Alkaline Water Company. “Creekside Springs is a great operator. Their western Pennsylvania…

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TuesdayApr 27, 2021 1:31 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Announces Plans for Profitability, Sustainability in Proprietary Indoor Cannabis-Growing System

Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, has shared estimated numbers for its exclusive indoor cannabis-growing system. The system will feature proprietary technology for aeroponic cultivation and high-efficiency sun chambers from HENC’s subsidiary, BlackBox Systems and Technologies Inc. The company anticipates that the new system will produce cannabis that can be sold at ~$100 per pound and that is grown in an environmentally sustainable process. Traditional methods for indoor cannabis cultivation indoors often require significant amounts of electricity, which result in associated emissions that leave a relatively large carbon footprint. The proprietary system HENC will…

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TuesdayApr 27, 2021 1:07 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Record 2020 Revenues of $21.9M

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced its results for the fourth quarter 2020 and the year-ended December 31, 2020. Among the highlights, the company reported record total revenue of $21.9 million for FY 2020, a 39% year-over-year increase compared to $15.8 million for FY 2019. “2020 was the culmination of the transition we began in 2019. We set a course for positive cash flow and achieved that goal with support from vendors, commitment of our staff, executives, and directors,” said…

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MondayApr 26, 2021 3:19 pm

CannabisNewsBreaks – RYAH Group Inc. Closes Reverse Takeover with Potbotics

RYAH Group today announced the closing of its reverse takeover transaction with Potbotics Inc. According to the update, the transaction was effected by way of a triangular merger between RYAH Group, Potbotics and a wholly-owned, Florida subsidiary of the company pursuant to the laws of the state of Florida. The combined public company resulting from the transaction will carry on the business of Potbotics, engaged in the development and commercialization of various innovative technology solutions (both software and hardware) for the plant-based medical industry. On April 1, 2021, the company received conditional approval to list its subordinate voting shares on…

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FridayApr 23, 2021 10:56 am

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Second Annual Record-Breaking 420

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating under Chalice Farms, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, has seen a 43% increase in recorded daily 4/20 revenues and a 68% increase in the past two years on the same store footprint. That growth comes as the company eyes additional partnership marketing opportunities in the Oregon market, including a vendor collaboration program, which the company piloted during the 2020 holiday season. In the announcement, the company noted that collaboration and co-marketing partnerships were at the heart of this year’s 420 performance, which saw the…

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ThursdayApr 22, 2021 12:20 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Prepares to Ship 1st Vape Cartridge Orders to Provincial Distribution Channels

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, today announced that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., has begun production of 25,000 vape cartridges for the Canadian retail market. Demand for Pure Extracts’ Pure Pulls branded 510 Vape cartridges is strong within the provincial markets, and the company estimates approximately $750,000 in retail sales revenue for this production run. The cartridges will be filled with a selection of Pure Extracts’ 30+ proprietary, full-spectrum-oil (“FSO”) formulations, including Super Lemon Haze, Grand Daddy…

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WednesdayApr 21, 2021 3:30 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Achieves Critical Step Toward Commercial Sales of ‘Covid-ID Lab’

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) today announced its entry into an agreement with an established German pharmaceutical wholesaler and service provider for the distribution, storage and logistics of XPhyto's diagnostic products in Germany. According to the update, the agreement secures XPhyto a full-service distribution partner for its 25-minute SARS-CoV-2 (COVID-19) RT-PCR test system ("Covid-ID Lab"). "With this agreement, we have secured a strong partner with an established medical distribution network throughout Germany. This is an exciting and critical step towards commercial sales of Covid-ID Lab," said Hugh Rogers, CEO and director of XPhyto. "The company's commercialization strategy…

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WednesdayApr 21, 2021 11:52 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Expands Partnership with America’s Largest Drugstore Chain

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, today announced the expansion of its existing partnership with the nation’s largest drugstore chain. Per the update, the chain is now set to carry Alkaline88(R) one-gallon bottles in approximately 8,000 stores nationwide and one-liter bottles in its “open-air coolers” across 1,000 select locations. “We are thrilled to announce that the nation’s largest drugstore chain will now start carrying our one-gallon and one-liter bottles in addition to our three-liter bottle,” said Ricky Wright, president and CEO of The Alkaline Water Company. “Over the past two years…

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TuesdayApr 20, 2021 3:37 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Acquires American Hemp and Diablo CBD Cigarette Brands

Green Hygienics Holdings (OTCQB: GRYN) today announced the successful completion of its acquisition of two CBD cigarette brands: American Hemp and Diablo. According to the update, the acquisition includes all related business development assets, such as sales and distribution relationships, trademarks and digital assets. “The two CBD cigarette brands, American Hemp and Diablo, are extremely well packaged, and the acquisition includes $21.5M worth of inventory at MSRP that we are purchasing at a considerable discount to market,” said Green Hygienics COO Kyle MacKinnon. “We plan to use this acquisition to launch the company’s smokables division and add our Sol Valley…

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TuesdayApr 20, 2021 9:53 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Announces Appointment of New Global Positions

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, has appointed two new positions at XP Diagnostics GmbH, its wholly owned German subsidiary. Wolfgang Probst will serve as the company’s new chief operations officer and Manfred Buchberger will be the new head of corporate development. An experienced management and finance consultant with impressive exposure to mergers and acquisitions, corporate re-organizations, and divestitures, Probst has a proven track record of leadership, strategic planning and organizational restructuring. In his new position, he will be responsible for managing the company's…

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