CannabisNewsBreaks Archive - Page 124 of 429

ThursdayFeb 11, 2021 2:56 pm

CannabisNewsBreaks – RYAH Group Inc. Enters Strategic Partnership to Establish Market Standard for Vaporizing

RYAH Group, a leading digital health care analytics and technology company, recently entered into a research-and-distribution arrangement with THC Lab. Appearing to be an ideal partner for RYAH as the company expands globally, THC Lab specializes in providing products and services to compounding pharmacies in Italy and other European countries in the specific field of medical cannabis. The agreement outlines the parameters for the launch of RYAH’s IoT dose-measuring Smart-Inhaler and data analytics platform in Italy as well as the Netherlands. “We are confident that together with RYAH we will be able to increase considerably the share of inhaled medical…

ThursdayFeb 11, 2021 12:41 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces National Supply Agreement with CannMart

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), a leading producer of premium certified organically grown cannabis, has signed a supply agreement with CannMart, a subsidiary of Namaste Technologies Inc. The two-year agreement means TGOD’s certified organic medical cannabis products will be available via CannMart's online medical cannabis sales platform and further expands the company’s distribution within the medical market. TGOD certified-organic, medical cannabis products included in the agreement include premium dried flower, RIPPLE dissolvable powder, gummies and teas. The announcement also noted that the agreement provides opportunities for future growth as the medical market in Canada evolves and grows.…

ThursdayFeb 11, 2021 11:19 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches Innovative New CBD Products, Commences Trading on the OTCQX

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced increase of its product offering to 48 SKUs by introducing its new and improved sleep and stress products with twice the amount of CBD per serving. “Global consumers are becoming increasingly familiar with CBD and its potential benefits to their daily routine,” said Jason Mitchell, N.D., HempFusion’s co-founder and chief executive officer. “After conducting months of extensive consumer research, it was clear that the majority of our customers and consumers in the market are seeking products…

WednesdayFeb 10, 2021 12:58 pm

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Releases Q3 Financial Report

Canopy Rivers (TSX: RIV) (OTC: CNPOF), an investment and acquisition company specializing in cannabis, has shared financial numbers for its most recent period, the three and nine months ended Dec. 31, 2020. The announcement included both unaudited condensed interim consolidated financial statements and management's discussion and analysis ("MD&A"). Numbers in the report indicate that Canopy Rivers’ comprehensive income was $82.2 million, which the company notes was driven by an increase in the value of its investment in TerrAscend. The company also announced a “transformative and accretive” transaction with Canopy Growth; the transaction is scheduled to close by the end of February…

WednesdayFeb 10, 2021 10:49 am

CannabisNewsBreaks – MAZAKALI CEO Authors Article on Healing Properties of Cannabis

MAZAKALI CEO Sumit Mehta authored a recent News Media online article titled “Cannabis = Indian Medicine, Is One of Humankind’s Most Ancient Healing Herbs.” MAZAKALI is a cannabis-focused fintech marketplace that offers full-scale digital capital raising and investment services across the cannabis complex, including hemp, real estate, supply chain, ancillary and international. In the article, Mehta explains that more than 100 medical applications of cannabis were recorded as far back as 2737 by the father of Chinese medicine, Emperor Shen Nung. Uses for the substance have continued to increase, with scientists in 1992 identifying a previously undiscovered regulation system within…

WednesdayFeb 10, 2021 10:10 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces First Commercial Contract for CBD Oil

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp and mushroom products, has contracted for its initial commercial CBD oil sale. The company anticipated the contract will result in multiple shipments of its 85% pure CBD distillate offering this year. Pure Extracts’ state-of-the-art, subcritical/super-critical CO2 extraction system produces an exceptionally pure THC and CBD full-spectrum oil and distillate. The resulting distillate can be used to manufacture a variety of cannabis 2.0 products, such as beverages, edibles and vape pens. The announcement also noted that Pure Extracts continues its commitment to increase awareness.…

TuesdayFeb 09, 2021 1:47 pm

CannabisNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Creation of New Subsidiary, Plans to Enter Cannabis Delivery Business

ECGI Holdings (OTC: ECGI), which plans to operate as Elite Cannabis Group and has been reorganized as an acquisition-oriented corporation with California-based targets of distressed cannabis assets, properties zoned for cannabis cultivation and processing, today announced its second agreement within the fast-growing California regulated cannabis market. According to the update, the company has signed a definitive management services agreement to enter the cannabis delivery business in conjunction with a California cannabis license holder operating out of Lynwood, California. ECGI created Nug Avenue Inc., a wholly owned subsidiary that will hold the contract with the licensed party. “We are continuing to…

TuesdayFeb 09, 2021 11:49 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) CMO to Serve 2nd Consecutive Term as President of US Hemp Roundtable

HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, today announced that its Chief Marketing Officer, Ola Lessard, was elected president of the U.S. Hemp Roundtable for a second consecutive term. The “Roundtable” is one of the most influential non-profit organizations advocating for national hemp legislation in the United States. This election makes Lessard not only the first woman, but also the first two-term president in the organization’s history. “I am truly honored by the confidence my peers have shown in me by electing me to a…

TuesdayFeb 09, 2021 11:21 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Preliminary Q4 2020 Revenue, Forecast Numbers

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has announced its Q4 2020 preliminary, unaudited revenue numbers. According to the release, the company reached $10.9 million in unaudited gross revenue in Q4 2020 for the period, with an increase in quarter-over-quarter revenue of 91%. The company also released an updated revenue forecast. The Q4 revenue is a 235% increase over the previous year. In the announcement, the company noted that the numbers reflect the significant progress and growth achieved in its Canadian operations and sales, which accounted for $8.6 million of the…

TuesdayFeb 09, 2021 9:30 am

CannabisNewsBreaks – MAZAKALI Announces Closed Funding Round with Sana Packaging

MAZAKALI, a cannabis-focused fintech marketplace, recently closed a funding round with Sana Packaging. A pioneering, high-growth, sustainable packaging brand in the cannabis industry, Sana is focused on a circular economic model for package design and environment healing; the company is also committed to investing resources toward industry education and developing more renewable and regenerative packaging solutions. In the announcement, Sana officials noted that fundraising for the company had been challenging, but with the help and assistance of MAZAKALI, the company was able to close its recent funding, which sets Sana up for success in 2021 as it works to position itself…

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