Breaks Categories: Stock Spotlights

FridayOct 04, 2019 2:16 pm

CannabisNewsBreaks – Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Advancing Toward Production Capacity Increase

Organigram Holdings (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, is advancing on its goal to increase its licensed production capacity to 76,000 kilograms per year. An article discussing the company reads, “Additional construction outlined in phase 4B of the company’s expansion plans is on schedule to be completed later this month. The company plans on submitting the licensing amendment for its remaining 16 phase 4B cultivation rooms this month as well. The perimeter of phase 5 of the company’s expansion, which will include an edibles and derivative product facility and more…

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ThursdayOct 03, 2019 2:51 pm

CannabisNewsBreaks – Investment Interest in the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Rises Following BMO Block Trade

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, is increasing its number of institutional holders following the recent clearing of stock overhang. An article discussing the company reads, “In the wake of the Bank of Montreal’s (BMO) completion of a block trade of Aurora Cannabis (TSX: ACB) (NYSE: ACB) held shares of the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), leadership is reportedly pleased to see that 28.8 million overhanging shares remaining from that transaction have been successfully placed, predominately with institutional asset managers. . . . Through a transaction…

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ThursdayOct 03, 2019 2:45 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Providing Premium Brands, Products to Cannabis Industry

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with its various divisions and operating assets, is focused on delivering quality products, securing synergistic industry partnerships and employing powerful distribution networks. An article discussing the company reads, “Each of SPRWF’s operating assets is very focused and aims to achieve excellence at its core function. With 7ACRES, the company has created a business that produces the highest-quality premium cannabis at scale. With the recent launch of Cambium Plant Sciences, a cannabis genetics firm located in Goderich, Ontario, Supreme Cannabis further focused 7ACRES’ operations, spinning out its successful genetics business into…

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MondaySep 30, 2019 3:18 pm

CannabisNewsBreaks – SinglePoint Inc. (SING) Realizes Impressive Revenue Growth in Q2 2019

Technology and investment company SinglePoint (OTCQB: SING) recently reported significant revenue earnings during second quarter 2019. An article discussing the company reads, “SinglePoint filed Form 10-Q for the quarterly period ended June 30, 2019. The company more than doubled its revenue from the same period the year prior; revenue increased from $311,237 in 2018 to $856,859 in 2019 (http://cnw.fm/zPD2V). . . . ‘We are very excited about the growth and path we are on,’ SinglePoint president Wil Ralston stated in a news release. ‘This is another step in the right direction for SinglePoint. We look forward to showing an even larger increase…

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MondaySep 30, 2019 3:13 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Reports Q2 Revenues Up 377%

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a West Coast cannabis holding company specializing in the recreational adult-product market, recently announced impressive second-quarter financial results. An article discussing the company reads, “IONIC saw a year-over-year increase of 377% in sales for the period ended June 30, leaving the company $3.86 million better than the prior year. The sales increase was largely due to an increase in services, packaging and ancillary products to its customers and their downstream sales, as well as an increase in licensing and equipment rental revenue to those customers. Two acquisitions also played into the revenue…

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FridaySep 27, 2019 3:00 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Achieves 81% Gross Profit Margin in Q1 2019

Global science-led, consumer, health-care company Geyser Brands (TSX.V: GYSR) is continuing to achieve its strategic goals. An article discussing the company reads, “Financial statements for the three months ended June 30, 2019, show Geyser Brands reporting revenues of $79,434, representing an 81% gross profit margin. . . . ‘We have begun to operationalize our manufacturing and processing capabilities, generating our first revenues during Q1. We are continuing to explore new brand opportunities and develop our manufacturing capacity to position the company for rapid expansion as our remaining Health Canada licenses get awarded,’ CEO Andreas Thatcher stated in a news release (http://cnw.fm/Kl8Qm).…

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FridaySep 27, 2019 12:41 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Advances Within Competitive Canadian Cannabis Space

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, is on a mission to meet the growing demand for organic cannabis in Canada. An article discussing the company reads, “Recently, TGOD received a 100% organic rating from Toronto-based Corporate Knights magazine (http://cnw.fm/9jgNC). The company is one of the few in Canada licensed to cultivate organic cannabis. The Green Organic Dutchman is a pioneer in shifting from indoor farming to greenhouse cultivation, making use of solar energy and cutting electricity costs by up to 90%. Companies leading this effort…

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FridaySep 27, 2019 12:29 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Subsidiary Opens Two New Premier Cannabis Locations

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a public cannabis company developing brands that focus on plant-based wellness and health products, executed an agreement to purchase all issued and outstanding shares of City Cannabis, which recently announced two more store openings (http://cnw.fm/8nC5i). An article discussing the company reads, “The two newest City Cannabis stores are on Cambie Street in Vancouver’s central district and in the upscale coastal environs of Vancouver Island’s Comox (http://cnw.fm/IJvI7). The locations provide the company with tremendous accessibility in the region — the Comox location is located in the heart of a summer tourism destination whose permanent population has…

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WednesdaySep 25, 2019 1:44 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expanding Globally through Strategic Partnerships

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to capitalize on the growing cannabis industry and expand its global footprint through strategic partnerships. An article discussing the company reads, “SPRWF has entered into international partnerships to reach and meet the growing demand for recreational and medical cannabis. Khalifa Kush Enterprises (‘KKE’) entered into an international partnership with SPRWF to develop and launch a lineup of premium cannabis. KKE Oils are created with premium cannabis supplied by 7ACRES, the flagship brand of SPRWF, and the line consists of recreational-focused offerings. The products are among the first-ever recreational-focused cannabis oils…

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FridaySep 20, 2019 1:54 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Demonstrates Growth with Encouraging Financial Results

Geyser Brands (TSX.V: GYSR) recently reported notable financial results for the eight months ended March 31, 2019 (http://cnw.fm/4Wa6M). An article discussing the company reads, “‘We are pleased with our progress in the first eight months since completing the RTO. Our subsidiary, 0957203 B.C. Ltd. dba Apothecary Botanicals, through its strong management, has been successful in bringing its facility to GMP-compliant standards for manufacturing and processing and in obtaining Health Canada licensing for Cultivation and Standard Processing,’ Geyser CEO Andreas Thatcher said in a news release. . . . The financial report features a couple of important highlights that stand as evidence…

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