MondayJun 21, 2021 2:05 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) on Mission to ‘Deliver the Finest Genetics to Canadians’

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a Canadian company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is committed to quality and excellence, as evidenced by its mantra: quality over quantity. “Pac Roots is focused on elite genetics development and maximizes the quality of its offerings by keeping yields and profit margins high,” reads a recent article. “The company also leverages key partnerships to ensure the superiority of its products. ‘Our mission is to deliver the finest genetics to Canadians,’ the company states. ‘Preserving the excellence of our elite strains while introducing the highest…

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MondayJun 21, 2021 1:40 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Partnering to Improve Standard of Care, Provide Turnkey Solutions in Plant-Based Medicine

RYAH Group (CSE: RYAH), a connected device and big data and technology company, is working with doctors as well as government and university research centers to reduce the variations in treatment plans and trials. The company, which has developed and uses dose-measuring internet-of-things (“IoT”) devices to collect HIPPA-compliant data to improve future medical treatments, is guided by the need to transform patient care. Key to this focus is utilizing big data and AI to reshape how the world understands plant-based medicine. A recent article reads, “RYAH partners with doctors to improve the standard of care for patients and researchers to…

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MondayJun 21, 2021 12:23 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Eyes over $1B in Revenue at End of Multiphase Plan

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, is paying close attention to Michigan’s medicinal and recreational cannabis sales numbers, which are reaching record highs. This is because its majority-owned subsidiary, BlackBox Systems and Technologies LLC, earlier this year signed a purchase agreement to acquire 120 acres of Michigan farmland for cannabis cultivation. According to HENC CEO Gina Serkasevich, who was quoted in a recent article, the numbers for the company’s cannabis cultivation plan in Michigan, which it anticipates will take anywhere from five to ten years to complete, look exceptionally strong. “We have…

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MondayJun 21, 2021 12:08 pm

CannabisNewsBreaks – Why Golden Triangle Ventures Inc. (GTVH) Is ‘One to Watch’

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted company that currently wholly owns four subsidiaries — Global Health Services, Lavish Entertainment (EpicRaves), HyFrontier Technologies, and Napa Wine Brands — is committed to purchasing, acquiring and/or partnering with promising established entities. Through the guidance of the management team, comprising of Steffan Dalsgaard, GTV’s founder and executive chairman; GTV’s chief innovations officer and director and the CEO of HyFrontier, Robert Dubose; and Stuart Seim, GTV’s chief development officer and director, the company has made notable strides towards the fulfillment of this goal. “On May 26, 2021, Golden Triangle announced its acquisition of…

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ThursdayJun 17, 2021 3:43 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Eyes ‘Record-Breaking Second Half of 2021’

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a consumer-driven cannabis company in medicinal and recreational marijuana market segments, recently released its financial and operating results for Q1 2021. A recent article reads, “The company reported record quarterly revenues from continuing operations of $5.5 million, an 18% year-over-year increase compared to $4.7 million for the same period in 2020, and gross profit for the quarter of $2.5 million, or 45% gross margin, compared to $1.7 million, or 37% gross margin, in 2020. In addition, the report noted that adjusted EBITDA of approximately 7%, or $370,000, continues the trend from Q4 2020, demonstrating…

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WednesdayJun 16, 2021 1:04 pm

CannabisNewsBreaks – Why American Cannabis Partners Is ‘One to Watch’

American Cannabis Partners (“ACP”) is a multistate cannabis company with a retail license and 560,000 square feet of licensed canopy space for cultivation. ACP’s strategy is to capture opportunities in real estate and licensing in states that have recently passed cannabis legalization legislation, thereby equipping the company to capitalize on federal interstate commerce opportunities. As a company that is focused on complementary business segments — real estate, acquisition and development of proprietary assets and ongoing cultivation operations, ACP is targeting expansion. A recent article reads, “American Cannabis Partners is pursuing additional growth in the cannabis sector through multiple planned initiatives.…

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TuesdayJun 15, 2021 2:20 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp.’s (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) BC Facility Ready to Meet Increasing Demand

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) is seeing interest from producers and brands looking for new opportunities and partnerships. In a corporate update focused on three points of interest in its growing business — cannabis, functional mushrooms and psilocybin — CEO Ben Nikolaevsky noted that the company’s Pemberton, British Columbia facility is fully operational and ready to meet the increasing demand for cannabis-based gummies, vapes and white-label products. According to a recent article, “The facility will be involved as the company ramps up production on its Pure Pulls and Pure Chews as they re-enter the market. In…

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FridayJun 11, 2021 1:00 pm

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Enhancing Hourglass Brand Awareness on Heels of Successful E-Commerce Website Launch

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, can now offer both U.S. and international customers a convenient, one-stop shop to purchase its THC-free, hemp-derived CBD Hourglass-powered products. This is after the launch of its worldwide e-commerce website, www.HourglassOnlineStore.com, in May. A recent article quoted Grapefruit CEO Bradley Yourist as saying, “Grapefruit’s new, easy-to-navigate website will allow approved affiliates to sign up to market and sell our THC-free, hemp-derived CBD Hourglass products through their own Grapefruit-approved channels and platforms, which will allow Grapefruit to rapidly increase the availability of our CBD product…

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FridayJun 11, 2021 12:11 pm

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Looks to Increase Gross Margins Through Accretive Acquisition

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a consumer-driven cannabis company in medicinal and recreational marijuana market segments, recently completed the acquisition of a chain of five Oregon-based retail dispensaries, known as Homegrown, for a total consideration of about $9.75 million. “This transaction increases Chalice Brands’ retail store footprint from 7 to 12 locations in the state of Oregon,” reads an article discussing the move. The consideration paid is 0.9 times Homegrown’s first quarter 2021 annualized revenue. “The fact that Homegrown is profitable makes this a highly accretive acquisition for the company’s earnings per share. It is anticipated that consumers will…

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FridayJun 11, 2021 11:50 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Committed to Development of Evidence-Based ECS-Modulating Cannabinoid Products

Green Hygienics Holdings (OTCQB: GRYN) and Cinvestav, the Center for Research and Advanced Studies of the National Polytechnic Institute of Mexico, have recently entered a scientific research agreement and are collaborating to develop cannabinoid-based products targeting endocannabinoid system (“ECS”) deficiencies in animals and humans. Green Hygienics intends to leverage the collaboration in addition to its newly launched company, TruLife Biotech LLC, to develop products necessary for ECS deficiencies. “To further support the initiative, Green Hygienics has published a White Paper through Nutritional Outlook, an MJH Life Sciences(TM) brand that provides intelligent, well-informed insights and industry updates critical to the manufacturers…

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