CannabisNewsBreaks

FridayMay 21, 2021 10:58 am

CannabisNewsBreaks – Gage Growth Corp. (CSE: GAGE) to be Included in Leading Cannabis ETF

Gage Growth (CSE: GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced that it will be included in AdvisorShares Pure US Cannabis ETF (NYSE: MSOS), a cannabis-focused, exchange-traded fund (“EFT”). A leading sponsor of actively managed ETFs, AdvisorShares Pure US Cannabis ETF is the first and only actively managed ETF listed in the United States that provides dedicated cannabis exposure; the EFT focuses exclusively on U.S. companies with an estimated $1 billion in assets under management. MSOS is dedicated to achieving long-term capital growth and works to reach that objective by investing in some of the largest foreign and domestic…

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FridayMay 21, 2021 10:21 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Announces Strong Demand for White-Label Beverage Operations

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its forecasted wholesale white-label revenue of approximately $2.4 million and gross profit of approximately $0.63 million. The projected revenue is based on the annual minimum order quantities (“MOQs”) for both BevCanna’s Canadian cannabis beverages and its Naturo Group traditional white-label beverage operations for the rolling 12 months starting in July 2021. The list includes the company’s committed queue of orders and does not include contracts that are under negotiation or yet to be finalized. “We’re thrilled with the progress…

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FridayMay 21, 2021 9:28 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces White Label Agreement with BC-Based FLO Brands

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has signed a customer manufacturing/white label agreement through its wholly owned subsidiary, Pure Extracts Manufacturing Corp. The agreement, which is with boutique brand house FLO Brands Inc., involves a partnership to launch a line of cannabis vape products. FLO Brands is dedicated to creating state-of-the-art, cannabis-based products using BC’s finest genetics. The agreement between Pure Extracts and FLO Brands outlines the initial production of 3 SKUs of 0.5 gram, 510 vape cartridges. These exclusive products will…

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ThursdayMay 20, 2021 3:26 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Agreement to Infuse Products with Game-Changing Emulsion Technology

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its entry into a cannabis supply agreement with ABcann Medicinals Inc., a wholly owned subsidiary of VIVO Cannabis Inc. (TSX: VIVO), to infuse Vertosa cannabis emulsions into select BevCanna in-house and white-label products. This will include infusions into the Keef Brands line that BevCanna will launch in Canada this summer. “This emulsion technology will be game-changing in its ability to accelerate onset time and enhance the sensory experience of our cannabis-infused beverages, among other benefits,” said Melise Panetta, president…

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ThursdayMay 20, 2021 11:42 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Proprietary Covid-ID Lab to Launch in Germany

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator at the leading-edge of the life science industry, announced that Marx Pharma GmbH, the company’s distribution, storage and logistics partner, is launching Covid-ID Lab, XPhyto’s 25-minute SARS-CoV-2 (COVID-19) RT-PCR test system in Germany; the product will launch on May 25. The announcement noted that the proprietary Covid-ID Lab will be priced within the range of commonly available COVID-19 PCR test products already on the market and that initial manufacturing capacity has been determined; additional manufacturing capacity is also available if needed. XPhyto’s Covid-ID Lab requires only a 20-minute PCR run…

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ThursdayMay 20, 2021 11:28 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Regarding Potential Acquisition, Joint Venture with Canadian Partner

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today issued an update to its March 1, 2021, announcement that it had been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions evolved to include development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream throughout Canada. A March 8 announcement indicated that the Canadian partner noticed a special…

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ThursdayMay 20, 2021 10:50 am

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Timing of Corporate Name Change, Share Consolidation

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) today announced that, pursuant to the shareholder approval obtained at its annual and special meeting (“AGM”) held on May 10, 2021, the company is enacting the consolidation of its common shares on the basis of one (1) post-consolidation common share for every twenty-three (23) pre-consolidation common shares (the "consolidation"), as well as the change of its name from “Golden Leaf Holdings Ltd.” to “Chalice Brands Ltd.” (the “name change”). According to the update, the consolidation and name change will take effect on Tuesday, May 25, 2021, and the company's common shares will also…

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ThursdayMay 20, 2021 10:18 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters Agreement with Leading Mexican Academic Research Institution to Advance ECS Research

Green Hygienics Holdings (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, announced that it partnered with Cinvestav, the Center for Research and Advanced Studies of the National Polytechnic Institute (Centro de Investigación y de Estudios Avanzados del Instituto Politécnico Nacional). The scientific research collaboration agreement is aimed at advancing R&D efforts through the characterization and development of cannabinoid-based products targeting endocannabinoid system (“ECS”) deficiencies in both animals and humans. Cinvestav is a leading Mexican multidisciplinary scientific research institution, ranking fourth among research centers in Latin…

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WednesdayMay 19, 2021 3:44 pm

CannabisNewsBreaks – Sonoma Biologics Corp. Stands Distinct with Science-Based Approach

Sonoma Biologics, a producer of high-quality, low-cost cannabis, was founded by the Caracciolos, who had a background in science, specifically in the biotech industry. This background has influenced the founders’ operations, helping them develop standard protocols for cultivation, precisely calibrated to grow high-quality crops. This approach was key in building Sonoma’s reputation as a grower of ultra-premium Pinot Noir grapes, making it a supplier of these grapes to world-class winemakers in the Russian River Valley of Sonoma County. With the legalization of cannabis in California, Sonoma then ventured into hemp cultivation and has utilized a similar science-based approach. A recent…

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WednesdayMay 19, 2021 2:26 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Poised to Meet Demands of ‘Cannabis 2.0’

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) is positioned in a market that is still relatively scant for certified extractors able to meet demand for concentrates from cannabis biomass. Having just achieved a milestone moment with commencement of production of 25,000 vape cartridges for the Canadian retail market, the company is set for opportunity amid “Cannabis 2.0,” a post-legalization era in Canada that has seen new consumption trends with accessibility of goods like drinks and vape products. “Demand for Pure Extracts’ Pure Pulls branded 510 Vape cartridges is strong in the provincial markets in Canada,” reads a recent…

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