CannabisNewsBreaks Archive - Page 119 of 429

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…

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…

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…

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…

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…

TuesdayMar 09, 2021 1:48 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Planned Name Change, Upcoming Meetings

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, plans to change its name to Chalice Brands Ltd. and will seek approval of the name change at is upcoming annual and special meeting (“AGM”); the meeting is slated for May 10, 2021, and will be held virtually. In addition to the name change, the company leadership team will request approval for a share consolidation intended to bring the common shares outstanding to approximately 65 million post the consolidation. The company anticipates approval and support for these requests, details of…

TuesdayMar 09, 2021 1:20 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Enters Strategic LOI with ShroomBloom

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 signed a letter of intent (“LOI”) with ShroomBloom Labs/Floja Bioscience Inc. to enter into an agreement for the supply of psychedelic mushroom biomass. British Columbia-based ShroomBloom is a mushroom cultivator leveraging a unique growing method that uses a sustainable forest product to grow organic Psilocybe Azurescens, also known as Azures, one of the most potent psilocybin mushrooms ever found. Under the terms of the LOI, Pure Extracts would be granted “most…

MondayMar 08, 2021 10:32 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Update on Informal Acquisition Inquiry

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today released a further update on its recent announcement that it has been approached by a Canadian cannabis company (the “Canadian Partner”) to enter into discussions concerning a potential acquisition transaction and joint venture to manufacture, distribute and market Grapefruit’s products, specifically Grapefruit’s patented Hourglass(TM) THC/Cannabinoid time-release delivery cream throughout Canada. “We were recently informed by the Canadian Partner that it has duly noticed a shareholder’s meeting for early April 2021, at which it will, among other matters, consider and potentially seek approval of the potential joint venture and/or…

FridayMar 05, 2021 1:11 pm

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

Green Hygienics Holdings (OTCQB: GRYN) today announced that after months of negotiation and diligence, it has closed the acquisition of certain assets of Primordia, a seed-to-soil, single-origin hemp supply company, with a combination of cash and other future rights and entitlements. According to the update, Primordia will continue with its remaining operations under a different name but will not compete with Green Hygienics in this sector. “We are at the forefront of a growing, dynamic new sector within the biotech industry. The demand side continues to grow rapidly, while on the supply side the learning curve is steep and opportunities…

FridayMar 05, 2021 12:53 pm

CannabisNewsBreaks – Gage Growth Corp. Announces Expansion of COOKIES Retail Footprint in Michigan

Gage Growth Corp. (d.b.a. Gage Cannabis), a leading high-quality cannabis brand and operator in Michigan, has announced that it will begin serving adult-use consumers at its second COOKIES provisioning center in Kalamazoo starting on Saturday, March 6, 2021. The move comes quickly after the COOKIES location in Kalamazoo opened its doors to serve all patients with a valid Michigan Medical Marijuana ID card in late February. COOKIES, an international cannabis lifestyle brand founded by rapper and entrepreneur Berner, opened its first Michigan location in January 2020. Gage is COOKIES' exclusive partner in Michigan and operates the only COOKIES dispensaries in…

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