Breaks Categories: News

MondaySep 14, 2020 12:10 pm

CannabisNewsBreaks – Cannabis Is on the Ballot for Five More States This November

A recent CNN Business article by Alicia Wallace covers five additional states, including Arizona, New Jersey, South Dakota, Montana and Mississippi, where residents will vote on cannabis legalization this November. Following the 2016 “green wave,” as legalization measures passed in eight out of nine states in the U.S. election, the industry and its supporters are hoping for another big win. Cannabis producers and retailers such as Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) and firms like Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) and Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) are supportive of further cannabis legalization. The…

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MondaySep 14, 2020 11:08 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) to Webcast Live at Life Sciences Investor Forum

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), based in Vancouver, Canada, focused on manufacturing pharmaceutical-grade cannabinoids via synthetic biology, today announced that its president and CEO, Trevor Peters, will present live at LifeSciencesInvestorForum.com at 2:30 p.m. ET on September 17, 2020. Interested parties may register for and access the presentation at http://cnw.fm/aTrB8. Investors are invited to ask the company real-time questions at the live, interactive online event. An archived webcast will be available after the event for those unable to attend live on the day of the conference. To view the full press release, visit http://cnw.fm/ASoWZ About Willow Biosciences Inc. Willow…

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MondaySep 14, 2020 10:05 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Receipt of Statement of Claim Relating to PharmHouse JV

Canopy Rivers (TSX: RIV) (OTC: CNPOF), today announced its receipt of a statement of claim filed by 2615975 Ontario Inc., the company's joint venture (“JV”) partner in PharmHouse Inc., concerning certain disputes relating to PharmHouse. According to the update, the claim makes a number of allegations against the company, Canopy Growth Corporation and TerrAscend Corp. and TerrAscend Canada Inc. (together, "TerrAscend"), including claims relating to bad faith, fraud, civil conspiracy, breach of the duty of honesty and good faith in contractual relations and breach of fiduciary duty, and claims relating to PharmHouse's offtake agreements with Canopy Growth and TerrAscend. The…

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ThursdaySep 10, 2020 11:40 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Adds New Distributor, Builds Momentum in Eco-Friendly Bottle Sector

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 it has added Valu Merchandisers Company (“VMC”) as a distributor covering Midwest and Southern states. In addition, the company announced that H-E-B will now carry Alkaline88(R) aluminum bottles in 288 stores across Texas and receipt of strong initial orders from KeHE and UNFI, which recently agreed to carry the Alkaline88 eco-friendly aluminum bottles. “It is exciting to see momentum build around our eco-friendly and truly sustainable aluminum bottles,” said WTER president and CEO Ricky Wright in…

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WednesdaySep 09, 2020 2:25 pm

CannabisNewsBreaks – Hemptown Organics Corp. Announces Next Step Toward Ultimate Goal of Becoming ‘P&G’ of the Cannabinoid Industry

Hemptown, a privately held British Columbia company, today announced its entry into a letter of intent ("LOI") with Spectre Capital Corp. (TSX.V: SOO.P), a capital pool company listed on the TSX Venture Exchange. According to the update, the LOI is in relation to Spectre’s acquisition of all the issued and outstanding securities of Hemptown. Once complete, the transaction is expected to result in the reverse takeover of Spectre. “We are excited to announce this next step in the growth of Hemptown as we work towards a public listing that will enable Hemptown to further execute on its M&A strategy, with…

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WednesdaySep 09, 2020 1:44 pm

CannabisNewsBreaks – One Cannabis Door Closes, New Ones Open for Former Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) CEO

Former Canopy Growth (TSX: WEED) (NYSE: CGC) co-founder and co-CEO Bruce Linton was featured in a recent Yahoo! Finance article by Zack Guzman. The piece details “a smattering of new roles” Linton has landed within the cannabis industry since being “ousted” by Canopy’s board, which Guzman describes as having become increasingly controlled by investor and beer conglomerate Constellation Brands Inc. (NYSE: STZ). The cannabis pioneer will reportedly be joining, in an advisor capacity, many smaller companies, as well as “trying his hand as an activist investor” for SLANG Worldwide Inc. (OTC: SLGWF) – a global cannabis consumer packaged goods company.…

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WednesdaySep 09, 2020 12:18 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Executive to Present at Three September Conferences

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters, and CBD-infused products, has announced that WTER president and CEO Richard Wright is slated to present at several virtual investor conferences scheduled for September. Those conferences include the H.C. Wainwright 22nd annual Global Investment Conference, where Wright will conduct an analyst-moderated fireside chat on Sept. 15 and the company will participate in one-on-one meetings throughout the three-day conference; the Sidoti Fall 2020 Virtual Investor Conference, where Wright will be presenting on Sept. 23 and the company will be participating in one-on-one meetings Sept. 23–24; and…

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WednesdaySep 09, 2020 11:12 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Effects Debenture Amendments

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that the previously disclosed amendments to the terms of its outstanding 6.0% senior unsecured subordinated convertible debentures issued in October 2018 have been effected. According to the update, the company, in consideration of the reduction of the principal amount of the debentures by $63.5 million, among other considerations, issued an aggregate of 116.6 million common shares and $10,769 principal amount of accretion debentures to debentureholders. In addition, the company entered into a supplemental trust indenture to implement the amendments. To view the full press release, visit http://cnw.fm/1N2D5 About Supreme…

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WednesdaySep 09, 2020 10:38 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Recaps Accomplishments, Offers Insight Into Direction for New Fiscal Year

Cannabis Global (OTC: CBGL), a cannabis, cannabinoid and hemp extract science-forward company developing unique infusion technologies and products, today provided a recap of the recently closed fiscal year (Aug. 31). The company also offered insight on its next steps as it begins marketing activities. "It's been approximately one year since we reorganized the company toward cannabinoid technologies and products," CBGL CEO Arman Tabatabaei said in the news release. "We have made substantial progress in our selected technology areas, and based on these innovations, we have designed a revolutionary set of products, which are now rolling out into the marketplace. I…

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TuesdaySep 08, 2020 9:56 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) to Receive Advisory Services, Funding for Rare Cannabinoid Development Platform

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), today announced that its subsidiary, Willow Analytics Inc., will receive advisory services and conditional funding from the National Research Council of Canada Industrial Research Assistance Program ("NRC IRAP") supporting a research and development project to advance production of its varin cannabinoids using its proprietary biosynthetic platform. "We welcome the advice and funding from NRC IRAP to support our rare cannabinoid development platform," said Dr. Mathias Schuetz, Willow's vice president of Research and Development, in the news release. "This support is an important catalyst for us to advance our strain development capabilities and will enable…

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