CannabisNewsBreaks

MondayMay 17, 2021 1:01 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Completes Lemon Glow Acquisition

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, announced that it has closed on its previously announced acquisition of Lemon Glow Company Inc., including all of the company’s assets, interests, property and rights, The acquisition includes 640 acres in Lake County, California, outside of the Commercial Cannabis Cultivation Exclusion Zones; a portion of that property has already been designated for outdoor cannabis cultivation. The announcement noted that the estimated annual potential cultivation yield from the property is approximately 4,000 pounds of dry trimmed cannabis flower per acre per year, which translates…

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MondayMay 17, 2021 12:13 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) to Release Q1 2021 Financial Report, Shares Corporate Updates

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, announced that it will release its first-quarter 2021 financial results and corporate update on Tuesday, May 25, 2021; the company will release the report before the markets open. In addition, the company has also scheduled an investor phone call for the same day, May 25, to begin at 5 p.m. ET. Golden Leaf executive chair John Varghese and CEO Jeff Yapp will host the call, which will review the financial report. Those interested can dial 1-877-407-0784 in…

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MondayMay 17, 2021 9:59 am

CannabisNewsBreaks – RYAH Group Inc.’s (CSE: RYAH) RYAH Medtech Enters Exclusive Agreement with DelleD SAS

RYAH Group’s (CSE: RYAH) wholly owned subsidiary, RYAH Medtech Inc., has entered a definitively exclusive software development and product distribution agreement with its France-based partner, DelleD SAS, for the distribution of the RYAH Smart Inhaler. According to the update, the strategic agreement further defines the previously announced arrangement with DelleD to distribute RYAH Smart Inhalers in the territory of France and participate in the upcoming tender for the French government’s national experiment on patient use of medical cannabis. “In addition to distribution of the proprietary devices and accessories, the deal involves a statement of work (‘SOW’) for RYAH to develop customized…

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FridayMay 14, 2021 1:43 pm

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Focuses ‘Covid-ID Lab’ Commercialization Strategy Initially on German Market

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, recently entered a strategic distribution, storage and logistics agreement for its commercial 25-minute COVID-19 RT-PCR test system (“Covid-ID Lab”). In April, XPhyto announced its entry into the agreement with a full-fledged German pharmaceutical wholesaler and service provider. Under the agreement, the German partner will distribute, store and deliver Covid-ID Lab test kits to XPhyto’s customers in line with product specifications and relevant logistical and regulatory requirements in Germany. A recent article quotes XPhyto CEO and Director Hugh Rogers, who noted that the company had secured a strong partner…

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FridayMay 14, 2021 1:07 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Leverages Radically Different Cultivation Approach

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has sought to differentiate itself by focusing on a genetics-based cultivation approach that enables production of premium-quality strains and products. This focus is influenced by the company’s resolution to avoid the fate that has befallen its competitors that have seen recent declines in market share. According to a recent article, PACR’s genetics-based cultivation approach has allowed it “to produce 50 super-elite strains and roughly 350 tested cultivars, which in turn has resulted in the company maximizing yields, boosting profitability and minimizing labor costs. In fact, as Pac Roots CEO explained, the company’s…

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FridayMay 14, 2021 9:58 am

CannabisNewsBreaks – WWC Conference Celebrates Women in Cannabis, Psychedelic Industries

The second-annual Womxn, Wellness and Cannabis Conference (“WWC Conference”) is expected to be the largest virtual event for women in the cannabis and psychedelic industries. Slated for May 26–27, the two-day event is hosted by Marigold PR in association with Lift & Co. Expo, a platinum partner and North America’s largest cannabis industry conference and tradeshow. The largest free event of its kind, the conference unites women globally for two days and features women-led panel discussions, Q&As and keynote speakers. The first day of the conference will focus on cannabis; the second day will focus on psychedelics. The conference agenda…

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ThursdayMay 13, 2021 10:52 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Partners with Shaquille O’Neal as an Equity Partner, Board Member

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM), and A88CBD(TM), is partnering with Shaquille O’Neal, who will be joining the company as an equity partner and member of the Company’s Board of Advisors. In addition, O’Neal will serve as a marquee brand ambassador for Alkaline88, a brand recognized for its high-quality hydration and perfect 8.8pH balance. Developed to deliver a smooth taste that encourages consumers to drink more, Alkaline88 also represents WTER’s dedication to purity, quality and value. Alkaline88 ionized water…

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ThursdayMay 13, 2021 10:36 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Releases Business, Drug-Development Status

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator at the leading-edge of the life science industry, released an update on its 2021 drug formulation programs, noting that the programs are advancing on schedule and expanding in scope. The company’s Rotigotine transdermal human pilot study was successfully completed in March and the program now advancing to a pivotal study stage; the pilot study evaluated the use of the Rotigotine transdermal patch in the treatment for Parkinson's disease. In addition, the update noted that XPhyto had purchased land in Germany for the construction of its commercial drug manufacturing facility in…

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WednesdayMay 12, 2021 11:58 am

CannabisNewsBreaks – Ayurcann Holdings Corp. (CSE: AYUR) Forms Partnership to Enter Canadian Recreational Market

Ayurcann Holdings (CSE: AYUR), a Canadian extraction company specializing in the processing of cannabis and hemp for the production of oils and various derivative products as a strategic partner to other LPs in Canada, today announced a new exclusive partnership with Kindred Partners Inc., a Toronto-based specialty cannabis brokerage serving the adult recreational-use market. According to the update, the agreement will provide Ayurcann greater access to the recreational cannabis market. “With this new arrangement, we are poised to grow faster than ever,” said Igal Sudman, CEO of Ayurcann. “Kindred’s commitment to education and strong relationships with the provincial boards nationwide…

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WednesdayMay 12, 2021 11:50 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Opens Functional Mushroom Direct-to-Consumer Store on Amazon

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 opened an online, direct-to-consumer, e-commerce store through its wholly owned subsidiary, Pure Mushrooms Corp. The store, which will sell Pure Mushrooms Reishi and Maitake product formulations, is on the Amazon platform. Pure Mushroom Reishi and Maitake formulations are available in convenient, gluten-free capsules; the company anticipates releasing  a Lion’s Man formulation this summer. “We are excited to be on Amazon, the largest online marketplace and the most powerful platform in the world for brand…

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