CannabisNewsBreaks

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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ThursdayMar 11, 2021 10:21 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Signs Digital Services Consulting Agreement with BFN

Grapefruit USA (OTCQB:GPFT), a premiere, fully licensed California-based cannabis company, has inked a digital services consulting agreement with Roger Choudhury and his Business Financial Network (“BFN”). According to the agreement, BFN will produce tailored video presentations about Grapefruit and its products at least three times a month. The videos will focus on GPFT’s flagship product, its patented, disruptive Hourglass time-release THC/cannabinoid delivery cream. Other videos will feature interviews with Grapefruit management and other relevant subjects. Choudhury has been creating and distributing news and updates on selected companies through YouTube, Facebook, LinkedIn, Twitter, Instagram, Blogger and other social media sites for…

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WednesdayMar 10, 2021 10:11 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Resignation of Outside Director

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced the resignation of John M. Hollister. Hollister served as the company’s CEO prior to its reverse acquisition by Grapefruit Boulevard Investments as well as its transition from a developer of 3D imaging to a fully licensed manufacturer and distributor of cannabis products. These include Grapefruit’s patented, disruptive Hourglass(TM) time-release THC/cannabinoid delivery cream. “We are pleased that the previous chapter of the Imaging3/Grapefruit saga has come to an amicable conclusion. While we, of course, will devote the vast majority of our time and energy to our rapidly growing…

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WednesdayMar 10, 2021 10:03 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Announced Partner Has Received ISO Certification for Rapid COVID-19 Test

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator focused on next-generation drug delivery, diagnostic and new active pharmaceutical ingredient investment opportunities, has announced that 3a-diagnostics GmbH ("3a") has received EN ISO 13485 certification for its rapid point-of-care, SARS-CoV-2 RT-PCR Test System ("Covid-ID Lab"). 3a-diagnostics is XPhyto’s exclusive German diagnostics development partner. In addition the company expects CE-IVD approval for the product this month. These two approvals will allow  3a-diagnostics GmbH to distribute the Covid-ID Lab. The EN ISO approval is the internationally recognized European standard for quality control and management systems in the category of design and manufacture of…

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WednesdayMar 10, 2021 9:36 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q4, Year-End Reports; Announces New CEO

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has released its financial numbers for the fourth quarter and fiscal year ended Dec. 31, 2020. Fourth-quarter revenue totaled $10.92 million, a 91% increase from quarter to quarter, with full-year revenue topping more than $24.5 million, a 120% increase year over year. In addition, Canadian cannabis revenue reached $8.5 million for the quarter, an increase of more than 120% over the previous quarter; that growth was supported by a substantial ramp up in production at the company’s Ancaster and Valleyfield facilities. The financial report…

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TuesdayMar 09, 2021 3:42 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc.’s (GRYN) Milestones Pave Path to Drive New Product Commercialization

Green Hygienics Holdings (OTCQB: GRYN) is dedicated to delivering the highest operating standards of industrial hemp cultivation and processing, as well as the manufacturing of pharmaceutical-grade bioactive cannabinoids. GRYN, with a commitment to becoming the most highly certified hemp company in the industry, is poised to bring safe and consistent products to market and thus change the industry’s landscape and enhance consumer confidence. Green Hygienics achieved important milestones in 2020 that lie at the heart of its value proposition and pave a research-based innovation path to drive new product commercialization fully compliant to USDA and FDA regulatory requirements. A recent…

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