CannabisNewsBreaks

ThursdayDec 10, 2020 10:12 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (XFRA: A2QJAJ) Lays Groundwork for Move into World of Psychedelics

Pure Extracts Technologies (CSE: PULL) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp and the rapidly emerging functional mushroom sector, today announced its engagement of a globally recognized operations, compliance and regulatory consulting firm to advise on the company’s application to Health Canada for a Dealers Licence under the Controlled Drugs and Substances Act (“CDSA”). “Having the support of one of Canada’s premiere consulting companies with subject matter proficiency in cannabis and other regulated consumer product industries assures that we will submit a fully-compliant Dealers Licence application to Health Canada in the shortest time possible,” said Pure Extracts…

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TuesdayDec 08, 2020 12:30 pm

CannabisNewsBreaks – Way2Grow (‘W2G’) Biopharma Company Secures Health Canada Approval for Standard Cultivation, Processing, Medical Sales

Way2Grow Nurseries (“Way2Grow” or “W2G”), a privately owned biopharma company, today announced its receipt of Health Canada’s approval for the standard cultivation, standard processing and sale for medical purposes under the Cannabis Regulations. According to the update, the licenses are effective as of Nov. 20, 2020. Valid for a three-year period, the terms of the licenses include approval of a single-story production facility designed to support micropropagation tissue culture, organic cultivation, processing and medical sales requirements. Phase II plans include expansion of the research laboratory and controlled cultivation rooms, as well as the addition of a medical dispensary. To view…

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TuesdayDec 08, 2020 12:03 pm

CannabisNewsBreaks – Gage Cannabis Co. Executive Chairman Discusses Milestones, Record-Breaking Sales, Near-Term Goals in Audio Interview

Gage Cannabis Co., a leading vertically integrated operator in the cannabis industry, today announced that its Executive Chairman Bruce Linton was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Linton provided an update on the company’s recent milestones, its record-breaking cannabis sales in Michigan, as well as its near-term goals that include an IPO planned for 2021. “We found that Michigan is doing more than $100 million a month in cannabis, so the medical and recreational opportunity is there to…

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TuesdayDec 08, 2020 11:09 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) CEO Discusses Milestones, Focus on Genetics in Exclusive Interview

Pac Roots (CSE: PACR) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that its president and CEO, Patrick Elliott, was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Elliott discussed the company’s devotion to cannabis genetics as well as milestones Pac Roots has achieved since it began trading earlier this year. “The company is built on genetics. We believe genetics are paramount, and we deploy these into our own projects and also lean…

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FridayDec 04, 2020 1:42 pm

CannabisNewsBreaks – Gage Cannabis Co. Positioning Amid Exploding Demand for Adult-Use Products

Gage Cannabis is strengthening its position as Michigan’s leading high-quality craft cannabis brand and operator. With a commitment to build the fastest-growing cannabis brand in the state, Gage recently began offering recreational marijuana at its Lansing, Michigan location (https://cnw.fm/sTIMB). “We are thrilled to start offering recreational sales to more customers within the Lansing area,” said Gage Cannabis Co. president Fabian Monaco. “The demand for adult-use products has exploded in the past year, and we are ready and eager to meet those needs. We have received an overwhelmingly positive response from medical patients about our products and retail experience, and we look…

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FridayDec 04, 2020 12:21 pm

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA), Cannabis Global (CBGL) Issue Joint Shareholder Letter

Marijuana Company of America (OTCQB: MCOA), based in Escondido, California and focused on cannabidiol (“CBD”) products, together with Cannabis Global Inc. (OTC: CBGL), an innovation-oriented company investing in disruptive cannabis and hemp-related technologies, on Thursday issued a joint letter to shareholders. Recently, the companies entered into an agreement wherein each became the largest shareholder of the other. As a result, CBGL owns 650 million shares of MCOA and MCOA owns just over 7.2 million shares of CBGL. The transaction intends to promote the growing common interests and collaborations between the two pioneering cannabis and CBD operations. The update reads, “Both…

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FridayDec 04, 2020 11:56 am

CannabisNewsBreaks – CannAssist International Corporation’s (CNSC) Reg. A Offering Capital to Boost Continued Brand Expansion, Benchmarks

CannAssist (OTCQB: CNSC), a unique, enhanced cannabidiol (“CBD”) company, recently announced SEC approval of its Reg. A+ Tier 2 Filing as of Oct. 13, 2020, and an opportunity for investors to purchase shares at a set price stated in filing. “CannAssist International is building digital platforms, implementing a Brand PR and Sales/Marketing Campaign, expanding distribution, building inventory and enhancing the Xceptol brand,” said CannAssist’s CEO and Founder Mark Palumbo. “Gaining approval for the CNSC Reg A offering is an exciting milestone for us as it opens doors for new investors. The capital will help CannAssist’s continued expansion of the brand…

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FridayDec 04, 2020 9:47 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Issues Update on Portfolio Companies

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday provided an update on three portfolio companies: TerrAscend, YSS and Dynaleo. "Over the past month, our portfolio companies have made several announcements that demonstrate their continued momentum and growth in their respective markets," said Canopy Rivers’ Narbe Alexandrian. "We believe that this growth is a testament to the theses behind these investments, and we look forward to seeing their progress continue into 2021." To view the full press release, visit https://cnw.fm/GvYv9 About Canopy Rivers Inc. Canopy Rivers is a venture capital firm specializing in cannabis…

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ThursdayDec 03, 2020 1:23 pm

CannabisNewsBreaks – CannAssist International Corporation (CNSC) Commences Trading on the OTCQB

CannAssist (OTCQB: CNSC), a unique, enhanced cannabidiol (“CBD”) company, recently commenced trading on the OTC Markets Platform - OTCQB Markets Tier. “Our Team has been working diligently for years to get to where we are now. Third party testing has revealed that our proprietary process used in our products can facilitate enhanced absorbency of CBD and aid in promoting connections with the endocannabinoid receptors that exist within all humans,” said CannAssist CEO and Founder Mark Palumbo. “We are very excited to get to launch our new enhanced CBD product, ‘Xceptol’ and assist as many as possible.” To view the full…

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ThursdayDec 03, 2020 12:45 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Set to Drive ‘Strong Margins Up and Down the Chain’

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Sugarmade CEO Jimmy Chan in a recent update. “We also have relationships in place, especially through…

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