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FridayJun 19, 2020 12:54 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reports Encouraging Q1 2020 Financial, Operational Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, recently reported unaudited financial and operational results for Q1 2020 (http://cnw.fm/7raXQ). An article discussing the company further reads, “‘Our first-quarter financial results paint the picture of a much healthier business than previous quarters,’ he continued. ‘But the work is far from done. In 2020, we are focused on leveraging our core capabilities to create capital-efficient growth through known distribution channels.’ . . . According to the report filed with the Canadian Securities Exchange (‘CSE’), net revenues for the company rose from $3.2 million for…

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ThursdayJun 04, 2020 2:14 pm

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Names New CEO

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human-optimization sciences company with an emphasis on ketamine and psychedelic medicine, recently named Dr. Roger McIntyre as chief executive officer. An article discussing the company reads, “In his new role, Dr. Roger McIntyre brings impressive experience in the ketamine and psychedelic medicine space, a key focus area for Champignon. . . . ‘My overarching aim as chief executive officer is to establish Champignon as the apotheosis of integrated ketamine treatment delivery and the commercialization of our own IP psychedelic-based treatments,’ McIntyre stated in a news release. ‘The clinical infrastructure, complementary asset…

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ThursdayMay 21, 2020 12:48 pm

CannabisNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Cannabis Delivery Service Expands into LA Area

Sugarmade’s (OTCQB: SGMD) recently acquired BudCars Cannabis Delivery Service announced on April 16 that it was expanding into the Southern California marketplace (http://cnw.fm/9n3mD). An article discussing the company reads, “‘Our Sacramento locations will pass the $10 million mark for annualized sales within the next 60 to 90 days,’ Sugarmade CEO Jimmy Chan stated in a news release. ‘The growth has been so dramatic that we have had to drastically revise our expectations to the upside, which demands expansion, both in terms of staff and fleet in Sacramento, and in terms of regional expansion into Southern California. As a result, we…

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MondayMay 18, 2020 1:53 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES and Blissco Complete Construction, Secure Full Licenses

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently announced that it has completed construction and obtained full licensing for two of its key assets: the 440,000-square-foot, state-of-the-art 7ACRES cultivation plant and the 12,000-square-foot Blissco extraction facility. An article discussing the company reads, “This milestone step makes Supreme one of the few Canadian producers that operates fully constructed and licensed cultivation and extraction facilities. . . . In March, British-Columbia-based Blissco received Health Canada’s approval on its final licensing amendments, and Supreme announced plans to conduct all extraction in-house from the now fully licensed facility (http://cnw.fm/Tn698). The licensing announcement came…

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FridayMay 15, 2020 3:19 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO Outlines Critical Company Objectives

Plus Products (CSE: PLUS) (OTCQX: PLPRF) co-founder and CEO Jake Heimark recently outlined three critical objectives the company will be focusing on throughout the coming year (http://cnw.fm/QVv51). A recent article discussing the letter reads, “‘We have set three critical objectives as a company over the next four quarters,’ he stated. ‘1) to ensure the safety and health of our employees and customers, 2) to continue to establish ourselves as a clear, long-term leader in the California edibles space and 3) to become a cash-flow positive business.’ . . . Heimark then went on to explain that PLUS is ‘capitalized with enough…

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FridayMay 01, 2020 12:57 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Sees Significant Jump in Budcars Cannabis Deliveries in March

Sugarmade (OTCQB: SGMD) recently acquired a significant stake in Sacramento-based Budcars Cannabis Delivery Service (http://cnw.fm/jUX5t). An article discussing the company reads, “An agreement announced in February 2020 stipulated that Sugarmade would acquire 40% of Budcars and would be granted an option to purchase an additional 30% stake, ultimately providing SGMD with a controlling interest in the growing delivery service, which serves the greater Sacramento metropolitan area. Budcars delivers a wide range of cannabis products to the metropolitan area, where the population is showing growing acceptance of cannabis usage and delivery and scores above the 50 percentile in terms of cannabis…

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FridayApr 17, 2020 2:00 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Completes Landmark Shipment of Premium Medical Cannabis Products to Israel

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently completed a landmark shipment containing Supreme Cannabis’ premium medical cannabis product from Canada to Israel (http://cnw.fm/8kJWr). An article discussing the company reads, “Supreme Cannabis interim president and CEO Colin Moore reported that the transaction, which was made possible through a partnership with Breath of Life International (BOL Pharma), represents a new international revenue opportunity for Supreme Cannabis and ‘builds Truverra’s global medical brand in one of the most sophisticated medical cannabis markets in the world.’ . . .‘With the support of BOL Pharma, we navigated both Canada and Israel’s complex regulatory…

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ThursdayApr 09, 2020 11:33 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Aims to Support Mental Health, Develop Improved Treatments Using Psilocybin Mushrooms

Champignon Brands (CSE: SHRM) (OTC: SHRMF) (FWB: 496), a human-optimization sciences company focused on applying novel and natural treatment protocols to address a broad range of disorders and deficiencies with an emphasis on psychedelic medicine, offers a timely line of organic, non-GMO and vegan-certified products. In 2019, Johns Hopkins launched a center for psychedelic research backed by private funders (http://cnw.fm/1lTHD). A recent article discussing the company reads, “The focus of John Hopkin’s studies will be on the affect psychedelics have on behavior, brain function, learning and memory, and the brain’s biology and mood. New therapies and the effectiveness of psilocybin are…

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FridayMar 27, 2020 2:59 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) New Operating Structure to Boost Efficiencies, Promote Long-Term Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to grow its portfolio as it identifies new opportunities that align with its mission to cultivate the world’s best cannabis and be recognized as a leader in the global industry. An article discussing the company reads, “To support its plans for long-term growth and to drive efficiencies, Supreme Cannabis Company recently implemented a new operating structure. As part of this new structure, the company has expanded distribution of its 7ACRES brand through an enhanced retail-sales strategy and partnership with humble+fume Inc., one of North America’s leading distributors of cannabis accessories.…

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ThursdayMar 26, 2020 1:23 pm

CannabisNewsBreaks – Plus Products Inc.’s (CSE: PLUS) (OTCQX: PLPRF) Distinguished Leadership Team Positions Company for Success

California-based cannabis-products company Plus Products (CSE: PLUS) (OTCQX: PLPRF) is led by a seasoned leadership team that boasts experience in technology, finance and social media. An article discussing the company reads, “The PLUS leadership team spans a wide range of expertise, work experience and industry exposure. After working at Facebook, CEO Jake Heimark co-founded PLUS. Chief strategy officer Craig Heimark lends high-powered finance expertise to the company gained from his experience at UBS and other similar firms. Managing the company’s finances is CFO Jon Paul, who brings more than 25 years of CFO experience to the team. . . .…

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