Breaks Categories: News

TuesdayApr 06, 2021 11:35 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) Announces Strategic Purchase to Expand Cultivation Capacity

Red White & Bloom Brands (CSE: RWB) (OTC: RWBYF) today reported plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. According to the update, RWB has secured 30 double-wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 square feet of canopy. Each unit is specifically designed and outfitted for premium cannabis cultivation. Once online, the units will have production capacity in excess of 7,000 pounds of flower annually and thousands of pounds of trim, with an estimated annual value in excess of…

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MondayApr 05, 2021 10:32 am

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Secures Cannabis Cultivation Zoning Approval in Continued Pursuit of Vertically Integrated Strategy

Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, today announced that its subsidiary, BlackBox Systems and Technologies LLC, has obtained zoning approval for cannabis cultivation on the 120-acre Michigan property it has agreed to purchase for $1,500,000. According to the update, neither the property nor Blackbox received a cannabis license from the Michigan Regulatory Authority (the “MRA”). However, the company did receive approval by the local land use authority to use the property in the future to cultivate cannabis, without which Blackbox could not move forward with the purchase and future cannabis cultivation at the…

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MondayApr 05, 2021 10:15 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) to Launch US E-Commerce Store Featuring Patented Hourglass(TM) Time-Release Delivery Cream

Grapefruit USA (OTCQB: GPFT), a diversified California based cannabis and hemp company, today announced its online merchant has been approved and that Grapefruit will launch its new U.S. e-commerce website in April 2021. The new site will feature the company’s novel line of hemp CBD only-derived versions of its disruptive, patented Hourglass(TM) time-release delivery cream. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD only-derived versions of Hourglass time-release delivery cream powered products,” said Bradley J. Yourist, CEO of Grapefruit USA. “Until now, Grapefruit’s Hourglass technology-based products have…

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ThursdayApr 01, 2021 4:28 pm

CannabisNewsBreaks – InvestorBrandNetwork to Further Visibility of Roth Golden Cannabis Day

InvestorBrandNetwork (“IBN”), a multifaceted communications organization engaged in connecting public companies to the investment community through 50+ brands such as CannabisNewsWire (“CNW”), has announced that it will collaborate with Roth Capital Partners for the upcoming Roth Virtual Golden Cannabis Day. The event, slated to be held in an entirely virtual format on April 7, 2021, is set to offer investors and attendees with access to some of the largest U.S. and global cannabis operators, including the largest multi-state operators (“MSOs”). As part of its participation as a media sponsor, IBN will launch various initiatives to further the event's visibility through…

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ThursdayApr 01, 2021 2:13 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI to Acquire Cultivation Company

Sugarmade (OTC: SGMD) has signed a letter of intent (“LOI”) regarding the acquisition of  California-based Lemon Glow Company Inc., along with all the company assets, interests, property and rights; included in the planned acquisition is 640 acres of property located in Lake County, outside of the Commercial Cannabis Cultivation Exclusion Zones. The LOI stipulates that 32 acres of the property have been designated for outdoor cannabis cultivation, with an annual potential cultivation yield of approximately 4,000 pounds of dry trimmed cannabis flower per acre, for a total estimated production of 128,000 pounds of dry trimmed cannabis flower per year. According…

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ThursdayApr 01, 2021 9:40 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Partners with Eaze to Launch Cannabis Gummy

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced plans to work with Eaze Technologies (“Eaze”) to launch a co-branded, limited-edition cannabis gummy. Eaze is one of California’s largest delivery marketplaces for legal cannabis with more than 7 million completed deliveries. The partnership will leverage PLUS’s expertise in providing high-quality, consistent and great-tasting edibles to produce the first edible product for the Eaze Circles brand. The planned gummy will be a pink lemonade flavor and will contain 5mg of THC per gummy. According to the announcement, PLUS has been the top-selling edibles brand…

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WednesdayMar 31, 2021 1:06 pm

CannabisNewsBreaks – Gage Cannabis Co. Hosting Webinar to Discuss Public Listing, Provide Corporate Update

Gage Growth Corp. (d.b.a. Gage Cannabis), a company committed to innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan, will be presenting a live webinar on April 1, 2021, at 4 p.m. ET. Hosted by Gage president and director Fabian Monaco, the webinar will include a company overview in preparation for Gage’s go-public listing. To register for the presentation, visit https://cnw.fm/pz2n8 About Gage Cannabis Co. Gage Cannabis is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of…

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WednesdayMar 31, 2021 12:41 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Enters Strategic Alliance to Further Accelerate Regional Growth

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the nation’s largest independent alkaline water company, today announced its recent partnership with JOH Brokers (“JOH”). JOH will carry the full line of Alkaline88 water products and will, in addition to key partnerships with other leading sales agencies, serve an important part of WTER’s aggressive strategy to expand its footprint in 2021. “We are thrilled to announce our alliance with JOH. With many of the leading retail stores in the regions like Shoprite, Shaw’s, Walmart and CVS already selling our brands, the new JOH partnership will further accelerate our regional growth. Their…

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WednesdayMar 31, 2021 11:25 am

CannabisNewsBreaks – Outlier Biopharma Inc. to Open State-of-the-Art Extraction Plant in the Caribbean

Outlier Biopharma, one of Jamaica’s newest cannabis agro-processing, research, development, manufacturing and distribution companies, is making waves within the local and international cannabis industries. The company today announced the upcoming opening of its state-of-the-art extraction plant, which will be one of the largest of its kind in the Caribbean. The facility is scheduled to commence operations in April 2021 and will see Outlier Biopharma extracting full-spectrum oils from cannabis plants to produce products for the global medical cannabis research market. In addition to cannabis, the facility has the ability to extract from other botanicals, a move that will expand Jamaica’s…

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WednesdayMar 31, 2021 9:59 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Completes 1st Commercial Scale Fermentation Run of CBG

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF) today announced its completion of the first commercial scale fermentation run of its first cannabinoid for market, cannabigerol ("CBG"). "We are very pleased with the yield and quality of our first commercial scale fermentation run of CBG," said Trevor Peters, Willow's president and chief executive officer. "I think it is important to take a moment to reflect on all that we have achieved in just under two years as a public company. In this time, we built a world class industrial R&D team, demonstrated proof of concept for production of cannabinoids through fermentation, attracted…

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