CannabisNewsBreaks

TuesdayMay 04, 2021 10:50 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Launch of Biotechnology Innovations Hub – TruLife Biotech LLC.

Green Hygienics Holdings (OTCQB: GRYN), a company focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, today announced its intention to move forward with the establishment of TruLife Biotech LLC. According to the update, TruLife Biotech will focus on the development and advancement of innovative cannabinoid-based nutraceuticals, skincare products and wellness brands addressing endocannabinoid system (“ECS”) deficiencies in humans. “The interaction of hemp-derived cannabinoids with ECS has been rigorously studied for the last 20 years… In order to recommend a particular cannabinoid-based product to wellness-oriented end users and practitioners, product developers need to…

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TuesdayMay 04, 2021 9:44 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Provides Update, Plans to Release FY2020 Financials

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has announced that it will file its 2020 audited financial statement on or before May 31, 2021. In addition, the company released a brief company update featuring highlights of 2020. The update noted that Q4 2020 product sales for the company totaled an estimated CDN $26.5 million, which was a 218% increase over the Q3. The company also completed its acquisitions of Acreage Florida Inc., PV (“PV”) and Mid-American Growers. RWBYF also entered into a definitive agreement to purchase one of only 21 cannabis licenses and operations in Illinois. The company…

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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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MondayMay 03, 2021 12:24 pm

CannabisNewsBreaks – GIE Media Cannabis Conference 2021 Announces CannabisNewsWire as a Media Sponsor

Cannabis Conference 2021, presented by Cannabis Business Times, Cannabis Dispensary and Hemp Grower magazines, has selected CannabisNewsWire (“CNW”), a specialized communications platform for the cannabis sector and one of the more than 50 brands included in the InvestorBrandNetwork (“IBN”) family, to serve as a media sponsor. The Cannabis Conference 2021 is slated to be held Aug. 24–26, 2021, at the Paris Las Vegas Hotel & Casino in Las Vegas. The three-day event is the only industry conference that focuses exclusively on plant-touching cannabis businesses. The agenda for this year’s event features insightful presentations on cannabis cultivation, business operations, retail management and…

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MondayMay 03, 2021 11:10 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Releases Corporate Update

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 provided a corporate update regarding its cannabis, functional mushroom and psilocybin business operations. The update notes that, in spite of COVID-19, its Pemberton, British Columbia facility is fully operational and in daily production. The company is focused on scalable entry into the U.S. market through a partnership with an Oregon-based, multistate operator (“MSO”). The company intends to produce its own branded products as well as white label products. In Canada, the company is ramping…

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MondayMay 03, 2021 10:10 am

CannabisNewsBreaks – Gage Cannabis Co. (CSE: GAGE) Plans Participation in Upcoming Conferences

Gage Growth Corp. (CSE: GAGE) (d.b.a. Gage Cannabis), a leading high-quality craft cannabis brand and operator in Michigan, has announced its participation in three upcoming conferences. The company is committed to innovating and curating the highest-quality cannabis experiences possible for cannabis consumers across the state of Michigan. Gage is also focused on bringing internationally renowned brands to market. The cannabis leader plans on presenting at the Eight Capital Seed to Scale Conference, which is focused on emerging opportunities in U.S. cannabis. That conference is slated for Tuesday, May 4, 2021, at 10 a.m. ET. The company will also be involved…

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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 10:46 am

CannabisNewsBreaks – Gage Cannabis Co. (CSE: GAGE) Opens 8th Dispensary in Company’s Retail Chain

Gage Growth Corp. (CSE: GAGE) (d.b.a. Gage Cannabis), a leading high-quality craft cannabis brand and operator in Michigan, has announced the grand opening of its newest provisioning center in Battle Creek. The location is now serving medical patients with valid state medical marijuana ID cards and will serve adult-use consumers in the near future. The location, which carries Gage’s entire line of products as well as the well-known Cookies branded offerings, is expected to create more than 20 new jobs in the community. Gage also announced that it is adding another provisioning center, or dispensary, to its portfolio, which is…

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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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