Breaks Categories: News

TuesdayMar 09, 2021 1:20 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Strategic LOI with ShroomBloom

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 it signed a letter of intent (“LOI”) with ShroomBloom Labs/Floja Bioscience Inc. to enter into an agreement for the supply of psychedelic mushroom biomass. British Columbia-based ShroomBloom is a mushroom cultivator leveraging a unique growing method that uses a sustainable forest product to grow organic Psilocybe Azurescens, also known as Azures, one of the most potent psilocybin mushrooms ever found. Under the terms of the LOI, Pure Extracts would be granted “most…

Continue Reading

MondayMar 08, 2021 10:32 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Update on Informal Acquisition Inquiry

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today released a further update on its recent announcement that it has been approached by a Canadian cannabis company (the “Canadian Partner”) to enter into discussions concerning a potential acquisition transaction and joint venture to manufacture, distribute and market Grapefruit’s products, specifically Grapefruit’s patented Hourglass(TM) THC/Cannabinoid time-release delivery cream throughout Canada. “We were recently informed by the Canadian Partner that it has duly noticed a shareholder’s meeting for early April 2021, at which it will, among other matters, consider and potentially seek approval of the potential joint venture and/or…

Continue Reading

FridayMar 05, 2021 1:11 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Closing of Acquisition of Primordia Assets

Green Hygienics Holdings (OTCQB: GRYN) today announced that after months of negotiation and diligence, it has closed the acquisition of certain assets of Primordia, a seed-to-soil, single-origin hemp supply company, with a combination of cash and other future rights and entitlements. According to the update, Primordia will continue with its remaining operations under a different name but will not compete with Green Hygienics in this sector. “We are at the forefront of a growing, dynamic new sector within the biotech industry. The demand side continues to grow rapidly, while on the supply side the learning curve is steep and opportunities…

Continue Reading

FridayMar 05, 2021 12:53 pm

CannabisNewsBreaks – Gage Growth Corp. Announces Expansion of COOKIES Retail Footprint in Michigan

Gage Growth Corp. (d.b.a. Gage Cannabis), a leading high-quality cannabis brand and operator in Michigan, has announced that it will begin serving adult-use consumers at its second COOKIES provisioning center in Kalamazoo starting on Saturday, March 6, 2021. The move comes quickly after the COOKIES location in Kalamazoo opened its doors to serve all patients with a valid Michigan Medical Marijuana ID card in late February. COOKIES, an international cannabis lifestyle brand founded by rapper and entrepreneur Berner, opened its first Michigan location in January 2020. Gage is COOKIES' exclusive partner in Michigan and operates the only COOKIES dispensaries in…

Continue Reading

FridayMar 05, 2021 11:42 am

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Shifts into Growth Mode with Recent Fundraising, Acquisition Announcements

Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF), a Portland-based cannabis company widely recognized for its Chalice Farms stores and products has raised approximately $8.7 million and recently signed a letter of intent to acquire a store chain in Northwest Oregon, both indications that the company is shifting into a growth mode with a focus on Oregon markets. In a recent article, Golden Leaf Holdings CEO Jeff Yapp noted that the company was waiting to reveal the name of the chain of store pending a definitive purchase agreement. When the deal goes through, Yapp noted, GLH will use monies from…

Continue Reading

ThursdayMar 04, 2021 3:19 pm

CannabisNewsBreaks – Gage Cannabis Co. President Featured Guest on Gamechangers LIVE Interview

Gage Growth Corp. (d.b.a. Gage Cannabis) president and director Fabian Monaco recently appeared on Gamechangers LIVE, a podcast series that features individuals who are gamechangers in their fields. During the podcast, which is hosted by Sergio Tigera, guests talk about their journeys and share their mindsets, struggles and successes in an effort to both inspire and inform listeners. During the interview, Monaco discussed Gage’s recent closing of its oversubscribed Regulation A+, Tier 2, equity financing that totaled $50 million, the maximum amount allowed under the company’s offering. Monaco talked about the financing, referencing his extensive background in investment banking and capital…

Continue Reading

ThursdayMar 04, 2021 10:31 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Applies for Health Canada Dealer’s Licence

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 Mushrooms Corp., has submitted an application to Health Canada for a Dealer’s Licence under the Controlled Drugs and Substances Act (“CDSA”). “We are grateful to have the support of one of Canada’s premiere consulting companies with subject matter proficiency in cannabis and other regulated consumer product industries in assisting that we submitted a fully compliant Dealer’s Licence application to Health Canada,” said Pure Extracts CEO Ben Nikolaevsky.…

Continue Reading

ThursdayMar 04, 2021 10:04 am

CannabisNewsBreaks – Hemptown Organic Corp. Announces Appointment of New Board Member

Hemptown, one of the nation’s leading cultivators of feminized hemp, has appointed a new member to its board. Zayn Kalyan joined the board, effective Jan. 29, 2021. With more than eight years of experience working in investment banking and venture capital, Kalyan has served in several business development, executive leadership, financial management and public company board roles. He has been with Hemptown as vice president of corporate finance since late 2018 and has been an essential member of the company’s executive team. His expertise comes from playing a vital role in originating more than $50 million in financing for multiple…

Continue Reading

WednesdayMar 03, 2021 11:41 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Submission of Novel Foods Application to UK’s FSA

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 submitted its dossier to the United Kingdom's Regulatory Food Safety Agency ("FSA"). HempFusion made the application in conjunction with its strategic and exclusive supply chain partner. The company has now taken the first step in the approval process to obtain approval for products that contain CBD to be sold retail in the UK. The submission requires a detailed analysis of the quality, stability and safety of HempFusion's raw ingredients as well as other unique product formulations. The…

Continue Reading

WednesdayMar 03, 2021 10:21 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Subsidiary Orders 30,000-Plus Vape Cartridges, Pens for Retail Distribution

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, through its subsidiary Pure Extracts Manufacturing Corp., has ordered more than 30,000 vape cartridges and vape pens. Pure Extracts will fill the cartridges and pens, which are produced by a global manufacturer, with a variety of some of its proprietary, full-spectrum oil (“FSO”) formulations; the company has more than 30 of these exclusive oil formulations. Pure Extracts recently announced a retail distribution agreement, and this order is an indication that the company is preparing to…

Continue Reading