Breaks Categories: News

ThursdayMar 25, 2021 12:38 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Announces Corporate Update

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, today issued an update on its operations, including details about the recent opening of its new Nug Avenue cannabis delivery operation, located in the large and rapidly growing Los Angeles metro cannabis marketplace. “We are moving forward with our core strategic plan, as announced and discussed during 2020, which consists of expanding our end-market access as a central player in the growing California cannabis delivery marketplace and developing our cannabis production capacity to verticalize our operations in the space,” noted Jimmy Chan, CEO of Sugarmade. “The successful opening of…

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WednesdayMar 24, 2021 1:21 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Prepares for Upcoming Retail Launch of Vapes and 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, today announced its purchase of over 500 kg of high-potency dry cannabis flower. The purchase is in preparation for next month’s launch of retail sales of the company’s Pure Pulls vapes and Pure Chews edible gummies. Demand for these types of products is strong in the four provinces (British Columbia, Alberta, Saskatchewan and Ontario) that Pure Extracts is targeting for its retail launch, and revenue estimates associated with this shipment are just over $1,000,000. “Q2…

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WednesdayMar 24, 2021 12:14 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Releases Q4 and FY 2020 Financial, Operational Report

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates, has announced its fourth-quarter and full-year numbers for the period ended Dec. 31, 2020. In the report, Willow noted that it had filed a short form base shelf prospectus that allowed the company to make offerings of securities of up to an aggregate of $50 million. The company also completed an overnight marketed public offering for gross proceeds of $11.5 million, which was upsized by $2.0 million and included the exercise of a 15% overallotment. In addition, Willow inked a deal with…

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TuesdayMar 23, 2021 1:55 pm

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Results from CBD Liver Safety Study Have Been Released

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced that Validcare released its initial findings from an industry-sponsored, decentralized, human-safety study of hemp-derived CBD products. Validcare is coordinating the execution of the study, which HempFusion was involved with. The study may be the largest human observational, liver and human toxicology study to date. According to HempFusion’s announcement, the seven-month-long study showed no evidence of liver toxicity in any of the 839 participants enrolled in the clinical trials; the company noted that the study results are…

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TuesdayMar 23, 2021 11:56 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Expands Distribution of A88 Infused(TM) and A88CBD(TM) Lifestyle Products

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water and CBD-infused products, today announced new partnerships with three retailers — Gabe’s, Reasor’s Foods and Banner Wholesale Grocers — to carry its A88CBD and A88 Infused products. According to the update, specialty discount retailer Gabe’s will carry its A88CBD 10-pack regular gummies (in multiple flavors) and A88CBD lemon-lime flavored CBD waters across 120 of its high-volume store locations. Reasor’s Foods, a regional grocery store chain in the Southwest, will carry five of its topical products across 20 locations. In addition, Chicago-based Banner Wholesale Grocers now…

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TuesdayMar 23, 2021 10:18 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Establishes New Financial Advisory Board, Appoints Chairman and Additional Members

Green Hygienics Holdings (OTCQB: GRYN) today announced the appointment of Ian Subel as chairman of the company’s new Financial Advisory Board. Also appointed to the board are David Mapely and Dylan Piccolo. “We are very pleased to welcome these gentlemen to the company. They will provide valuable guidance on the financial management of the company, including debt and capital market activities, as well as managing banking relationships and corporate financing strategies required to bring Green Hygienics from development stage to large-scale commercial production,” said Green Hygienics CEO Ron Loudoun. “Demand for CBD and other cannabinoids is steadily increasing, while year-over-year…

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FridayMar 19, 2021 11:34 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Commences Trading on the Frankfurt Stock Exchange

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company, today announced that, effective March 18, 2021, it has commenced trading in Europe. According to the update, the company is now listed under the symbol "4XM" on the Frankfurt Stock Exchange. Pac Roots is also quoted on OTC Markets under the symbol "PACRF" and continues to be listed on the Canadian Securities Exchange ("CSE") under the trading symbol "PACR." President and CEO of Pac Roots, Patrick Elliott, said of the milestone, "With the cannabis industry gaining momentum in Europe, this additional listing will help increase our visibility…

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ThursdayMar 18, 2021 1:44 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Order of Cutting-Edge Cosolvent Injection System

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, has ordered a state-of-the-art Cosolvent Injection System (“CIS”) from Vitalis Extraction Technology Inc. Pure Extracts will be one of the first companies in the world to receive this innovative system. Designed to achieve optimal ethanol cosolvent flow rate ranges for both cannabis and hemp extracts, the Vitalis CIS  system balances extract quality with efficiency while keeping ethanol usage exceptionally low. Pure Extracts has a history of collaboration with Vitalis, owning and utilizing two of the company’s…

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WednesdayMar 17, 2021 3:20 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Secures Utility Patent for Revolutionary Lighter Design

VPR Brands (OTC: VPRB) is a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), as well as other accessories such as lighters. The company owns intellectual property, including one of the original patents filed for electronic cigarette technology, and has announced that it recently received a utility patent for its new inverted lighter. “I believe what makes an iconic lighter is being able to tell what brand it is from 10 feet away; our Dissim is one of those,” said Dan Hoff, COO of VPR Brands. “In this case, the aesthetic design is…

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WednesdayMar 17, 2021 9:54 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Subsidiary Has Ordered First Shipment of Functional Mushrooms

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) subsidiary Pure Mushrooms Corp. has placed its first order for functional mushrooms from a British Columbia co-packer. Pure Mushrooms will use the mushrooms to produce three products, which will be offered through the company’s online e-commerce store. Previously Pure Mushrooms had developed three premium formulations based on reishi, maitake and lion’s mane mushrooms. These formulations, which are delivered in convenient vegan capsules, will be the foundation of the upcoming new products. Rreishi and maitake formulations should go on sale in April, with the  lion’s mane release slated for June. The announcement…

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