CannabisNewsBreaks Archive - Page 125 of 420

FridayOct 30, 2020 2:26 pm

CannabisNewsBreaks – Pure Extracts Technologies Inc. Leveraging Growing Acceptance of ‘Nature’s Miniature Pharmaceutical Factories’

Pure Extracts, a private, plant-based extraction company, is leveraging growing acceptance by mainstream science and the general public to further develop and commercialize functional and medicinal mushroom products on a global scale. World-renowned mycologist Paul Stamets describes mushrooms as “nature’s miniature pharmaceutical factories” (https://www.cnw.fm/tfyVd). Studied extensively for their various health benefits, current research suggests different varieties of mushrooms may help to improve memory (https://www.cnw.fm/siSzj), mental cognition (https://www.cnw.fm/v1f8a) and to alleviate the symptoms of depression (https://www.cnw.fm/91F8j). Further, “Psychedelic” varieties such as psilocybin – or “magic mushrooms” – are increasingly being studied for possible medical benefits in treating depression, anxiety, PTSD, bipolar disorder,…

FridayOct 30, 2020 10:39 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces PharmHouse Commencement of SISP

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday announced that PharmHouse Inc., its 49%-owned joint venture, has received approval from the Ontario Superior Court of Justice to commence its Sale and Investor Solicitation Process ("SISP"). According to the update, the SISP is intended to solicit interest in, and opportunities for, a sale of or investment in all or part of PharmHouse's assets or business. This may include a restructuring, recapitalization or other form of reorganization. PharmHouse has engaged BMO Capital Markets ("BMO") to lead the SISP with oversight from Ernst and Young Inc.…

ThursdayOct 29, 2020 2:17 pm

CannabisNewsBreaks – Cannabis Global Inc.’s (CBGL) Advanced CBD Infusion Technologies Featured in SmallCapVoice.com Interview

Cannabis Global (OTC: CBGL), a science-forward company developing CBD infusion technologies and products while investing in fast-growing segments of the cannabis industry, was featured in a new interview with SmallCapVoice.com, Inc. (“SCV”). Among other topics, CBGL CEO Arman Tabatabaei joined SCV’s Stuart Smith to discuss Cannabis Global’s HempYouCanFee(TM) product line, as well as a new partnership that provides international reach. Tabatabaei discusses several provisional patents Cannabis Global has on deck, three of which are at the forefront of its growth strategy. Describing Cannabis Global’s CBD coffee pods and other exciting innovative products, as well as its ability to create new…

ThursdayOct 29, 2020 1:59 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Secures $11.5M in Upsized Public Offering

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a Vancouver, Canada-based company focused on manufacturing pharmaceutical-grade cannabinoids via synthetic biology, has closed its previously announced upsized public offering of 17,692,307 units of the company, each at a price of $0.65, including 2,307,692 units issued pursuant to the full exercise of the over-allotment option. The company secured aggregate gross proceeds of approximately $11.5 million in the offering. Williow Biosciences expects to use net proceeds for the commercialization of cannabigerol (“CBG”) and other portfolio cannabinoids of the company, general and administrative expenses, working capital and general corporate purposes. To view the full press release,…

TuesdayOct 27, 2020 2:17 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Strategic Pieces in Place to Capitalize on Cultivation’

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently entered into an agreement to lease five acres of land in Northern California (https://cnw.fm/adC1Q). SGMD intends to use the property, which is zoned for cannabis cultivation, to establish and operate licensed production with the capacity to produce as much as 3.6 million grams of high-quality cannabis flower per year. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” Sugarmade chairman of the board, CEO and CFO Jimmy Chan said in an update. “We also have relationships in place, especially through…

TuesdayOct 27, 2020 10:40 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Announces Research Partnership to Develop Cannabinoid Infusion Techniques

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has formed a key research relationship with Marijuana Company of America Inc. (OTC: MCOA). MCOA joins the Project Varin research and development program, along with already existing partner Natural Plant Extract of California Inc. ("NPE"). The companies are collaborating on the development of new protocols and techniques for food and beverage cannabinoid infusion. Recently the program has created highly loaded cannabinoid nano units made from all-natural ingredients. These nano units will allow product formulators to create foods and beverages with clean labels and without bitter…

ThursdayOct 22, 2020 1:32 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Forms New Partnership with KOA(R) and Yogi Bear’s Jellystone Park(TM) Camp-Resorts

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that it is now an approved vendor for Kampgrounds of America (“KOA”(R)) and Yogi Bear’s Jellystone Park(TM) Camp-Resorts. “We are pursuing some exciting growth opportunities in the hospitality segment and are thrilled to announce our newest partnership with two of North America’s leading family camping destination providers,” WTER president and CEO Ricky Wright said in the press release. “There are approximately 82 million camper households in the U.S., and the recent pandemic-related travel limitations are drawing more…

ThursdayOct 22, 2020 1:31 pm

CannabisNewsBreaks – HempFusion Wellness Inc. Files Prelim Prospectus for Initial Public Offering

HempFusion, a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, today announced that it has filed a preliminary prospectus with the securities regulatory authorities in each of the provinces of Canada, except Quebec. The prospectus is for a proposed initial public offering of (i) common shares of the company (the “offered shares”) for gross proceeds of up to US$7,000,000 (the “share offering”) and (ii) units of the company (the “units”) for gross proceeds of up to US$10,000,000 (the “unit offering” and together with the share offering, the “offering”). The offering price will be determined in…

ThursdayOct 22, 2020 12:27 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Books Over $2.3M September Sales, Eyes Strong Year-End Run

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced September monthly performance data, which showed a strong continued pace of growth in sales of cannabis products during the month. According to the update, the company booked over $2.3 million in total sales from cannabis products during September. That compares to $1.8 million in total sales from cannabis products in August, representing a sequential monthly growth rate of approximately 28%. “We continue to see growing market positioning and overall performance despite variable market conditions for cannabis producers over the past two months,” Simon Yu, CEO…

ThursdayOct 22, 2020 11:53 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Founder Featured in SmallCapVoice.com Audio Interview

Cannabis Global (OTC: CBGL) founder Robert Hymers is featured in a newly released interview with SmallCapVoice.com’s Stuart Smith. Hymers was joined by Jesus Quintero, CEO of Marijuana Company of America Inc. (OTC: MCOA), an innovative hemp corporation. During the interview, the two men discuss the development of MCOA’s work with Cannabis Global, a cannabinoid and hemp extract science company developing infusion and delivery technologies. Hymers and Quintero share the story behind the transition in management that recently took place as well as how Quintero’s team is focused on MCOA’s international expansion and creative new product offerings. A pioneer in the…

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