CannabisNewsBreaks

ThursdayMar 18, 2021 1:44 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Order of Cutting-Edge Cosolvent Injection System

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 ordered a state-of-the-art Cosolvent Injection System (“CIS”) from Vitalis Extraction Technology Inc. Pure Extracts will be one of the first companies in the world to receive this innovative system. Designed to achieve optimal ethanol cosolvent flow rate ranges for both cannabis and hemp extracts, the Vitalis CIS  system balances extract quality with efficiency while keeping ethanol usage exceptionally low. Pure Extracts has a history of collaboration with Vitalis, owning and utilizing two of the company’s…

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WednesdayMar 17, 2021 3:20 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Secures Utility Patent for Revolutionary Lighter Design

VPR Brands (OTC: VPRB) is a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), as well as other accessories such as lighters. The company owns intellectual property, including one of the original patents filed for electronic cigarette technology, and has announced that it recently received a utility patent for its new inverted lighter. “I believe what makes an iconic lighter is being able to tell what brand it is from 10 feet away; our Dissim is one of those,” said Dan Hoff, COO of VPR Brands. “In this case, the aesthetic design is…

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WednesdayMar 17, 2021 9:54 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Subsidiary Has Ordered First Shipment of Functional Mushrooms

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) subsidiary Pure Mushrooms Corp. has placed its first order for functional mushrooms from a British Columbia co-packer. Pure Mushrooms will use the mushrooms to produce three products, which will be offered through the company’s online e-commerce store. Previously Pure Mushrooms had developed three premium formulations based on reishi, maitake and lion’s mane mushrooms. These formulations, which are delivered in convenient vegan capsules, will be the foundation of the upcoming new products. Rreishi and maitake formulations should go on sale in April, with the  lion’s mane release slated for June. The announcement…

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TuesdayMar 16, 2021 3:24 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Closing of Castillo Assets Acquisition

Green Hygienics Holdings (OTCQB: GRYN) today announced that it has closed the acquisition of certain assets of Castillo Seed LLC. (“Castillo”), a pioneering hemp seed company with an extensive library of proven genetics backed by years of research and development efforts. According to the update, the assets include seed inventories, thousands of stock plants, an established genetics portfolio, and greenhouse and seed production equipment. “We saw an opportunity to fast-track our genetics program by procuring a developed genetics portfolio, which will not only save 3-5 years of R&D work but also allow the company to propagate proprietary USDA Certified Organic…

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MondayMar 15, 2021 10:45 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Flagship Products Now Available through Key California Mobile Retail Distribution Platform

Grapefruit USA’s (OTCQB: GPFT) patented, disruptive Hourglass(TM) time-release THC+ Cannabinoid delivery cream and full-spectrum RSO cannabis oil are now available on Crown Genetics’ retail delivery online platform. GPFT’s flagship products can be found in the Wellness section and can be purchased in California. This means that consumers living in Los Angeles can order the Hourglass cream of full-spectrum RSO oil online and have it delivered to their homes or offices; once stocked, the products will also be available at 250-plus licensed retailed dispensaries that are serviced by Crown, a leading licensed cannabis distributor in California. The Grapefruit products were only…

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FridayMar 12, 2021 3:08 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Finds Market for Entire High-Quality Harvest

Pac Roots (CSE: PACR) (OTCQB: PACRF), an innovative genetics-based cannabis company located in Canada, has differentiated its CBD plants from other producers’ by focusing on quality, the result of which has enabled it to sell its entire harvest despite the current oversupply. Pac Roots, which “has earned a well-established reputation for producing premium quality strains and products through the use of a meticulous, genetics-focused harvest approach, … embarked on a joint-venture with Rock Creek Farms to plant over 130,000 premium hemp CBD plants on 100 acres of prime arable land in British Columbia,” following the award of an industrial hemp…

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FridayMar 12, 2021 12:23 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) CEO, Executive Chairman Featured in Exclusive Stockhouse Media Video Q&A

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) CEO Jeff Yapp and executive chair John Varghese were featured guests in a recent Stockhouse Media video Q&A. In presenting the video, Stockhouse noted that Golden Leaf had recently reported a record-breaking increase in revenue. Golden Leaf execs were invited to discuss the recent company news as well as look forward at what’s in store for the company; the discussion also looked at investment opportunities in the sector. Golden Leaf is a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution. During the interview, the GLDFF execs discussed how the…

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FridayMar 12, 2021 10:35 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) Releases Refiled Financial Statements, MD&A

Champignon Brands (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) announced that it has refiled its condensed interim consolidated financial statements and management's discussion & analysis ("MD&A") for the three- and six-month periods ended March 31, 2020, following a review by the British Columbia Securities Commission. In its earlier reports of the periods mentioned, Champignon reported intangible assets in connection with its acquisitions of Artisan Growers Ltd., Novo Formulations Ltd. and Tassili Life Sciences Corp. Information regarding those acquisitions have been restated to correct for the accounting of those acquisitions. After review, it was determined that the reported intangible assets did not meet…

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ThursdayMar 11, 2021 3:41 pm

CannabisNewsBreaks – Gage Growth Corp. Completes First Step in Journey to Become Publicly Traded Company

Gage Growth Corp. (d.b.a. Gage Cannabis), a leading vertically integrated cannabis operator currently focused exclusively on the Michigan market, recently announced successful conclusion of its Regulation A, Tier 2, equity financing offering. According to a recent article, Gage issued 28,571,400 subordinate voting shares for total gross proceeds of $50 million, the maximum amount qualified under the company’s offering circular. The offering was oversubscribed by both institutional and retail investors, resulting in a significant expansion of the company’s shareholder base through the addition of over 1,000 new investors. “We are humbled and excited by the significant interest and investor demand we…

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ThursdayMar 11, 2021 10:57 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Sells First Batch of Cannabis Oil Extracts to German Pharma Company

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, today announced that it has sold its first shipment of cannabis oil extracts to a German pharmaceutical company. According to the update, Pure Extracts purchased Canadian grown, EU-GMP certified, dry cannabis flower and extracted it into 65% pure THC full spectrum oil (“FSO”) and 85% pure THC distillate. The extracts will be further processed in Germany into an ultra-pure form of THC for medicinal purposes. “It is gratifying to have had our concentrates selected by…

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