Breaks Categories: Stock Spotlights

TuesdayMay 04, 2021 1:02 pm

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Unveils Barrier-Free Line of Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, recently launched a new U.S. e-commerce website to serve as the online home for its growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist. He noted that the company’s original Hourglass technology-based products contained THC and, therefore, could not be sold across state lines or internationally. “No such federal legal barrier…

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MondayMay 03, 2021 3:26 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Eyes Significant Market Opportunity

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, raised eyebrows when it announced that XPhyto Laboratories Inc., its Alberta subsidiary, added mescaline production to its psychedelic medicine development programs earlier this year (https://cnw.fm/uyuRo). Mescaline has begun attracting legislative attention, much like was the case with cannabis, which gained widening legalization as state after state approved varied uses of hemp and cannabis within their political boundaries. Recently, California Senator Scott Wiener introduced a bill that would decriminalize select hallucinogenics, including mescaline, in part due to research from top medical universities indicating that such substances can have significant benefits…

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MondayMay 03, 2021 3:02 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market

Hero Technologies (OTC: HENC), a Delaware-based company founded in 2004, is building a vertically integrated business model and leverages a strategic approach as a multi-state operator across multiple sectors of the cannabis industry. These factors uniquely position HENC “to capitalize on the fast-growing market and the growing number of opportunities emerging as a result of legalization and increased popularity among consumers,” reads a recent article. The article notes that the global CBD market, which was valued at $2.8 billion in 2020, is projected to reach $13.4 billion by 2028, growing at a 21.2% CAGR, while “the global legal cannabis market…

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FridayApr 30, 2021 12:40 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Cultivating Opportunity in Pristine Soil at Sol Valley Ranch

Green Hygienics Holdings (OTCQB: GRYN) is positioned well as big tobacco companies are making strategic moves into the fast-growing hemp industry. As innovators explore hemp-based alternatives to tobacco, large supplies of quality industrial hemp are required, more specifically quality hemp biomass and flower, from which to derive targeted CBD products. Among the concerns for big tobacco companies interested in the hemp space is the quality of soil. Due to poor farming practices in the past, soil contamination is considered an issue, primarily in Europe and the Eastern parts of the United States. Green Hygienics addresses this problem, as detailed in…

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FridayApr 30, 2021 9:55 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Launches New E-Commerce Store Featuring Hourglass(TM)-Powered Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a diversified California based cannabis and hemp company, today announced the launch of its new worldwide e-commerce website, www.HourglassOnlineStore.com, which features the company’s novel line of THC-free, hemp-derived CBD products powered by its disruptive, patented Hourglass(TM) time release delivery cream. “Our initiative, announced earlier this month, to launch our direct-to-consumer e-commerce store before the end of April 2021 has been accomplished on time and under budget,” said Grapefruit CEO Bradley Yourist. “Grapefruit’s entire team is honored to offer both U.S. and international customers a convenient, one-stop shop to purchase our THC-free, hemp-derived CBD Hourglass time-release delivery…

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ThursdayApr 29, 2021 1:14 pm

CannabisNewsBreaks – Sonoma Biologics Corp. Designation Signifies Highest-Quality, Sun-Grown Product

Sonoma Biologics, a producer of high-quality, low-cost cannabis, utilizes organic products for both fertilization and pest management as part of its standard operating measures. The company is committed to adherence to stringent guidelines of both the Appellation of Origin and the OCal programs, which are designed to set California cannabis apart from that of other growth areas. “The soil at Sonoma Biologics main cultivation farm is Gold Ridge fine sandy loam. This local soil is known for its production of ultra-premium Pinot Noir grapes and wines,” reads a recent article discussing the company’s positioning. “Some of the most coveted Pinot…

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MondayApr 26, 2021 3:28 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Eyes Several Expansion Initiatives

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, has earmarked funds it raised through a completed private placement for several expansion initiatives. The proceeds from the sale totaled $1.34 million and will go towards financing the “installment payments and development activities on its Fraser Valley property, final commissioning of the Lake Country project, brand development and U.S. business development with Lords of Grasstown and for general working capital,” reports a recent article. Fraser Valley is known for its lush and pristine farming conditions: “Only 2.4% of the total land farmed in B.C.…

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MondayApr 26, 2021 10:52 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Releases FY 2020 Financial Report

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, has reported its financial numbers for fiscal year 2020. A highlight of the report is the company’s 714% year-over-year revenue growth. GPFT reported net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over revenues of $451,196 for the year ended Dec. 31, 2019, an impressive increase considering the global pandemic. The company also announced that it has focused on renegotiating key terms of approximately $4.2 million convertible notes issued to its institutional investor. As a result of these modifications, the company has eliminated an…

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FridayApr 23, 2021 3:19 pm

CannabisNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass(TM) Is a Game Changer

Grapefruit USA (OTCQB: GPFT), a fully licensed manufacturer and distributor in the legal cannabis marketplace, has created a revolutionary product: The Hourglass(TM) THC+ Cannabinoid delivery cream. The cream solves two problems, the first being that cannabis lovers no longer need to ingest cannabinoids to enjoy them. “For the first time, cannabis enthusiasts can enjoy a full, discrete, convenient cannabis experience without rolling, smoking or vaping,” reads a recent article. Secondly, “Grapefruit’s disruptive cream solves the previous problem of THC and other cannabinoids not being easily absorbable through the skin. Using Grapefruit’s proprietary delivery system, Hourglass topical cream creates a Patchless…

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FridayApr 23, 2021 12:19 pm

CannabisNewsBreaks – Why Sonoma Biologics Corp. Is ‘One to Watch’

Sonoma Biologics is an ultra-premium cannabis cultivator whose goal is to become one of the largest organic-equivalent, environmentally friendly cannabis suppliers in northern California. To this end, the company has adopted several measures, including the use of solar power and sticking to organic cultivation methods. “Since entering the cannabis industry, Sonoma Biologics products have passed stringent California quality control laboratory testing each year,” reads a recent article. “The company exclusively adheres to organic cultivation methods, reinforcing its commitment to yielding the highest quality cannabis.” Sonoma operates in a region with favorable climate, a factor that has proved beneficial. “As the…

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