CannabisNewsBreaks

WednesdayMay 05, 2021 2:19 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Stands Distinct in Cultivation Approach

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has earned a reputation for producing premium-quality cannabis strains and products. The company’s yields are further bolstered by a genetics-based cultivation approach that has produced 50 “super-elite” strains and roughly 350 tested cultivars. A strategic partnership with plant breeding management and analytics firm Phenome One provides Pac Roots access to some of the world’s most robust cannabis genetics from the most extensive genetic library in Canada. This enables the company to develop unique strains with varying beneficial characteristics such as environmental resiliency and an optimized cannabinoid profile. “We don’t deal with seeds.…

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WednesdayMay 05, 2021 1:55 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Nationwide Launch of ‘Perfect On-the-Go Summer Water Choice’

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, today announced the launch of its fully recyclable white aluminum bottle. The product is already being sold in over 2,700 retail locations across the United States. “Loyal consumers are finding more Alkaline88(R) products on the shelves of many of their favorite retailers. The white aluminum single serve is currently being sold in over 2,700 retail locations and through KeHe and UNFI, who service over 50,000 locations,” said Ricky Wright, president and CEO of The Alkaline Water Company. “This is the latest in the continuing SKU…

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TuesdayMay 04, 2021 1:02 pm

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Unveils Barrier-Free Line of Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, recently launched a new U.S. e-commerce website to serve as the online home for its growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist. He noted that the company’s original Hourglass technology-based products contained THC and, therefore, could not be sold across state lines or internationally. “No such federal legal barrier…

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TuesdayMay 04, 2021 11:59 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Launches New Line, Implements Changes Under New Leadership

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) has launched a new line of premium organically grown cannabis. The new line comes as a result of the company’s new leadership organization, which started in fall 2020 and focused on restoring TGOD’s position as a premium organic cannabis brand. In addition to the new product line the company has implemented new cultivation and processing methods and updated label and packaging to improve transparency and reduce environmental impact. Finally, all TGOD premium organic whole flower cannabis products feature THC levels of at least 20%. "Our new leadership team started in the fall…

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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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