Breaks Categories: News

WednesdayOct 14, 2020 2:58 pm

CannabisNewsBreaks – Hemptown Organics Corp. Launches Premium Smokables Line, Positioned to Compete in $800B+ Tobacco Industry

Hemptown Organics, a privately held British Columbia company, today announced the launch of Hemptown Naturals, the company’s premium line of industrial-hemp smokable products, including innovative terpene-infused hemp cigarettes. The new line positions Hemptown to compete in the $800 billion-plus tobacco industry*. The Hemptown Naturals brand includes a full assortment of premium smokable flower in multiple strains, hemp pre-rolls and hemp cigarettes. The company’s hemp cigarette line is anchored by a 20 pack of “Hemp Stix” – premium cigarettes made with 100% pure hemp direct from Hemptown’s farm and containing less than 0.3% THC and zero nicotine. The company’s proprietary premium…

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WednesdayOct 14, 2020 1:19 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands Flagship Brand to Fill the Void in Club Market, Specialty Retailers

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its new 2-liter six-pack packaging for its flagship brand, Alkaline88(R), will now be carried by HomeGoods stores across 500 nationwide locations. “We are excited to announce that our new 2-liter six-pack offering for our core brand, Alkaline88, will be available at HomeGoods stores nationwide,” WTER president and CEO Ricky Wright said in the press release. “This unique six-pack complements our existing line-up, especially our single-serve offerings, which continue to do well in the current environment. The…

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WednesdayOct 14, 2020 11:13 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Releases BudCars Q3 Numbers, Report Highlights Sales Records for Burgeoning Business

Sugarmade (SGMD), a leading, multidivisional/multiproduct/multisector supply company, has shared a preannouncement of financial numbers for its BudCars Cannabis Delivery Service (“BudCars”). The announcement notes several new sales records. Highlights of the report include gross receipts reaching nearly $2 million, with more than 60% growth being reported in net sales, customer orders and gross profits on a quarter-to-quarter basis. BudCars has been consistently tracking ahead of expectations, the announcement states, with geographic expansion being a key component to continued growth and success. The company has plans in place to expand into the North San Francisco Bay Area as well as nearby…

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TuesdayOct 13, 2020 10:52 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Expects Increase in Net Assets to $2.39M

Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing unique infusion technologies and products, today pre-announced some aspects of its financial performance for the fiscal year ended August 31, 2020, including a significant increase in assets reported on its balance sheet for the period. According to the update, Cannabis Global intends to file its full annual report for the fiscal year ending August 31, 2020, prior to the deadline of November 15, 2020. The company expects to report assets of approximately $2,396,558, up from $807,824 as of the end of the quarter ending May 31, 2020. “We…

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MondayOct 12, 2020 11:58 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Updates Shareholders on Two Key Initiatives

Sugarmade (OTCQB: SGMD), today issued a letter to its shareholders, on behalf of its CEO Jimmy Chan, that provided an update on coming expansion steps in regard to its BudCars delivery service as well as the company’s vertical integration. “Today, I want to highlight two themes that will help to drive our value proposition for shareholders over the intermediate term: geographic expansion for BudCars and our move to vertically integrate through the establishment of cultivation operations. Together, they represent tangible catalysts driving both top and bottom-line growth,” Chan stated in the update. “These are exciting times for Sugarmade. We have…

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FridayOct 09, 2020 10:29 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Provides Update on Portfolio Expansion in the US

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today provided an update on the progress of three of its portfolio companies in U.S. markets. The updates come only weeks before the U.S. election, where six states will vote on cannabis legalization initiatives and the potential power shift at the federal level could lead to more progressive policies for the industry. Among the highlights, Canopy Rivers announced the following: TerrAscend Corp. commenced sales from its newly expanded State Flower cultivation facility in San Francisco; High Beauty Inc. introduced canBE, a new line of natural, aloe-based products…

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ThursdayOct 08, 2020 1:35 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Announces Board Appointment of Seasoned Retail Veteran

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced the appointment of retail industry veteran Frank Lazaran to its board of directors, effective Oct. 8, 2020. Lazaran will serve on the company’s audit and compensation committees. Simultaneous to the appointment, Bruce Leitch has decided to step down from the company's board of directors to focus on other business endeavors. “On behalf of the board, we are delighted to welcome Frank Lazaran as a full-time member of The Alkaline Water Company's Board of Directors,” WTER Chairman of…

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ThursdayOct 08, 2020 10:37 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) to Support Research on Therapeutic Potential of Non-Psychoactive Cannabinoids

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a Vancouver, Canada-based company focused on manufacturing pharmaceutical-grade cannabinoids via synthetic biology, today announced its partnership with researchers at the University of Lethbridge and the University of Calgary. According to the update, the collaboration is designed to study the therapeutic potential of non-psychoactive cannabinoids in relation to intestinal inflammation, abdominal pain and depression. Alberta Innovates financially supports these studies that involve laboratory testing in preclinical models of disease. Willow will be providing four different, non-plant derived cannabinoids for use in the study, which is set to begin in the fourth quarter of 2020. “Willow…

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ThursdayOct 08, 2020 9:55 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) and Marijuana Company of America Inc. (MCOA) Enter Strategic Collaboration

Cannabis Global (OTC: CBGL), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, has entered into a collaboration and mutual strategic investment with Marijuana Company of America (OTCQB: MCOA), an innovative hemp corporation. As part of the strategic investment, both companies seek to expand the partnership, fully leveraging favorable resources of both companies in response to the diverse market demand for their products. Under the agreement, MCOA and CBGL have agreed to a share exchange arrangement in which both parties received $650,000 in value of shares from each respective company. "We are excited about this strategic partnership…

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TuesdayOct 06, 2020 1:25 pm

CannabisNewsBreaks – The Alkaline Water Company Inc.’s (CSE: WTER) (NASDAQ: WTER) A88 Infused(TM) Grabbing Shelf Space in Trend Expected to Accelerate

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its A88 Infused(TM) brand is gaining ground in the fast-growing flavored water market. According to the update, A88 Infused flavored water is widely available through multiple channel partners across various trades. “Demand for our single-serve offerings are at an all-time high, and we are rapidly growing shelf space for our A88 Infused flavored waters,” WTER president and CEO Ricky Wright said in the press release. “Our channel partners are some of the leading players in the…

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