Breaks Categories: Stock Spotlights

MondayFeb 11, 2019 2:24 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Employs Niche Acquisition-Based Growth Strategy

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles-based cannabis industry incubator, recently announced its plan to uplist to the OTCQB Venture Market, a milestone that falls in line with the company’s acquisition-based growth strategy. A recent article discussing NUGS reads, “’We have many new initiatives planned in 2019, and we are managing our business operations for growth. This uplisting is designed to demonstrate to our investors and to the marketplace that Cannabis Strategic Ventures is well-prepared for the future,’ Cannabis Strategic Ventures CEO Simon Yu stated in a news release. . . . The uplisting supports the company’s broader growth…

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MondayFeb 11, 2019 2:13 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Prepares to Pounce on California Cannabis Distribution, Transportation Markets

TransCanna Holdings (CSE: TCAN) (FSE: TH8), through its affiliate TCM Distribution Inc. (“TCMD”), has secured local licenses in Adelanto, California, and recently secured a California temporary distribution license. In addition, TransCanna also completed its initial public offering (“IPO”) for total gross proceeds of C$2.2 million, which will be used to fund its general working capital for the next 12 months including its entry into California’s cannabis transportation and branding market, per a prospectus filed on SEDAR in December (http://cnw.fm/jvZ7A). A recent article discussing the company reads, “Transporting cannabis products in California remains challenging in the months following full legalization because…

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FridayFeb 08, 2019 1:14 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Aims to Make the Most of Recent Legislative Changes

Full-scope, premium cannabis company Green Hygienics Holdings (OTCQB: GRYN) is poised to benefit from recent legislative changes in San Diego that could help it expand to the region, despite increased competition over cultivation land. GRYN plans to introduce its brands to the San Diego market first, before moving on to the rest of the United States and then internationally. A recent article discussing the company reads, “The approvals in San Diego are a part of a larger, nationwide initiative aimed at supporting recreational cannabis sales. The attempt was first made legal in California about two years ago, when the state…

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FridayFeb 08, 2019 1:03 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Strategically Chooses Acquisition Target Based on Cannabis Industry Trends and Expectations

After careful consideration, Icon Exploration (TSX.V: IEX.H) CEO Rob Fia selected City View Green ("CVG"), a vertically integrated cannabis company incorporated under the laws of Ontario, Canada, as its acquisition target. The company recently signed a formal share exchange agreement relating to its proposed acquisition of CVG, taking a step toward fulfilling IEX.H’s mission to create a well-diversified company that’s able to produce long-term returns for its shareholders and investors. An article further discussing the company reads, “With Icon Exploration’s current focus on the cannabis industry, president and CEO Rob Fia has spent several years surveying industry trends, aiming to…

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ThursdayFeb 07, 2019 2:19 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Subsidiary Secures Key R&D Funding for Oral Nicotine Delivery Using DehydraTECH Technology

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, recently struck a deal with a large tobacco partner, securing significant R&D financing for the company’s DehydraTECH absorption platform (http://cnw.fm/12hJT).  A recent article discussing the company reads, “Through the agreement, the partner also has the option to provide up to $11 million in additional research through multiple phased private financings to underwrite LXRP’s R&D. In exchange, the partner will receive certain license rights to commercialize these DehydraTECH products exclusively in the United States and non-exclusively elsewhere. The partner, the largest cigarette company in the U.S., will be obligated to…

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ThursdayFeb 07, 2019 1:16 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Strengthens Board of Directors Ahead of Planned Uplisting

Cannabis Strategic Ventures (OTC: NUGS) recently reported the addition of cannabis industry insiders to its board of directors ahead of its planned uplisting to the OTCQB Venture Market. A recent article discussing NUGS reads, “The board of directors was strengthened through the appointments of Tad Mailander and Jesus Quintero (http://cnw.fm/Dgg24). Mailander, who is currently a director of American Cannabis Company, is an attorney with experience in handling SEC-related matters. Jesus Quintero is presently CFO of MassRoots, a leading technology platform for the cannabis industry. Quintero previously served as CFO of Brazil Interactive Media. He has a wealth of experience in…

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ThursdayFeb 07, 2019 12:27 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Utilizes Food Manufacturing Experience to Deliver First-Class Edible Products

As a leading California edibles manufacturer with over 40 years of experience in food manufacturing, Plus Products (CSE: PLUS) (OTCQB: PLPRF) focuses on providing products with unmatched taste and texture that are both compliant and dosable. A recent article discussing the company reads, “Plus continues to launch limited edition products. It recently introduced the fourth limited edition of its market-leading infused gummies – Pink Lemonade. This product is available at select dispensaries in California for a limited time, with a portion of the proceeds from the launch being donated to the National Parks Foundation. Plus Pink Lemonade flavored gummies are…

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MondayFeb 04, 2019 3:01 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Capitalizing on Hemp Legalization with Recent Changes in Staff Driving CBD Product Distribution

Earth Science Tech (OTCQB: ETST), a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices, sees new opportunity in the passing of the 2018 Farm Bill. A recent article discussing the company reads, “ETST is taking advantage of the opportunities now afforded by the 2018 Farm Bill. In a recent press release (http://cnw.fm/jn2M9), the company announced a change in staff. David Barbash has been signed on as its new chief sales officer, beginning in 2019. He brings more than 20 years of new business development experience and is a proven negotiator, manager and…

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MondayFeb 04, 2019 2:26 pm

CannabisNewsBreaks — Marijuana Company of America Inc. (MCOA) Plans to Expand hempSMART Brand into Europe and Asia

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those…

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FridayFeb 01, 2019 3:20 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Aims to Capitalize on the Medical and Recreational Cannabis Markets

Icon Exploration (TSX.V: IEX.H), a company working toward establishing its foothold in the global cannabis sector, is planning on operating within both the medical and recreational cannabis markets. An article discussing the company reads, “In what is a win-win situation for Icon, the company has placed bets on both recreational and medical cannabis. This legal market is growing at double-digit rates, and capitalizing on that growth, Icon is aiming to create a well-diversified company that produces long-term returns for shareholders. To do so, it intends to be a leading purveyor of medicinal and recreational cannabis while, at the same time,…

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