CannabisNewsBreaks

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…

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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…

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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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WednesdayOct 21, 2020 2:32 pm

CannabisNewsBreaks – Why Gage Cannabis Co. Is ‘One to Watch’

Gage Cannabis is a vertically integrated cannabis industry operator led by Bruce Linton, the former CEO and chairman of Canopy Growth Corp. (TSX: WEED) (NYSE: CGC). Currently focused exclusively on the Michigan market, the company is working to build the fastest-growing cannabis brand in the state. Gage’s brand portfolio currently includes five unique classes: flower products, edibles, hardware, concentrates and vape pens/disposables. A recent article discussing Gage Cannabis reads, “The company has already created relationships with a wealth of exclusive brand partners, including some of the most illustrious brands in the country. Notably, Gage’s exclusive partnership with Cookies, one of…

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TuesdayOct 20, 2020 1:33 pm

CannabisNewsBreaks – Pure Extract Technologies Inc. Looks to Production of Highest-Quality FSO

Pure Extract, a private, plant-based extraction company, was recently awarded a Standard Processing License by Health Canada under the Cannabis Act. Following this significant milestone, Pure Extracts will now proceed with application to Health Canada for a Natural Health Products Site License at its purpose-built extraction facility while adhering to EU Good Manufacturing Practices (“GMP”). This will help to enable the company to extract its full spectrum oil (“FSO”) to the highest-possible quality. “We are thrilled to be commencing production in our new, EU-GMP compliant, purpose-built facility,” stated Pure Extracts founder and COO Doug Benville in a recent article discussing…

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TuesdayOct 20, 2020 11:47 am

CannabisNewsBreaks – Cannabis Global Inc. (CBGL) Announces Addition of THC to Nanotechnology Program

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has added tetrahydrocannabinol (“THC”) to its Project Varin research program. CBGL is conducting the program in partnership with Natural Plant Extract of California Inc ("NPE"), a licensed and regulated cannabis products manufacturer. The objective of the program is to demonstrate the cost advantages of using the company’s proprietary and provisional patent-pending nanoparticle and nanofiber technologies to change the cost model as it related to adding THC to various products. Cannabis Global filed six provisional patent applications last year, including one which outlined the methods and…

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MondayOct 19, 2020 2:15 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Expanding Portfolio Across Key Locations

Pac Roots (CSE: PACR), an innovative genetics-based cannabis company located in Canada, is dedicated to building a portfolio of valuable long-term income-producing and development assets. In addition to its latest acquisition of 250 acres of land in the premium Fraser Valley, the company is also expanding its portfolio across British Columbia. This includes PACR’s acquisition of a 60% interest in a 100-acre joint venture hemp project in Rock Creek and the company’s continued development stages to create an indoor facility in Lake Country. “Between the Fraser Valley and Rock Creek, B.C., which both rank at the top of the charts…

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WednesdayOct 14, 2020 3:31 pm

CannabisNewsBreaks – Pure Extract Technologies Inc. Eyes Opportunity as Psilocybin Shows Promise for Treating Depression

Pure Extract Technologies, a private, plant-based extraction company, is positioned for opportunity as interest grows in the psychedelic and functional mushrooms sector. Recent groundbreaking research indicates that psilocybin-assisted psychotherapy may be effective in treating depression, a debilitating disorder that plagues an estimated 300 million people across the United States. According to a recent National Centre for Mental Health (“NCMH”) article, “a small number of studies have been conducted trialing psilocybin on patients with treatment-resistant depression.” Test results showed a significant decrease in depression scores after only one week to three months, with the majority of participants experiencing reduced depression severity…

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WednesdayOct 14, 2020 2:58 pm

CannabisNewsBreaks – Hemptown Organics Corp. Launches Premium Smokables Line, Positioned to Compete in $800B+ Tobacco Industry

Hemptown Organics, a privately held British Columbia company, today announced the launch of Hemptown Naturals, the company’s premium line of industrial-hemp smokable products, including innovative terpene-infused hemp cigarettes. The new line positions Hemptown to compete in the $800 billion-plus tobacco industry*. The Hemptown Naturals brand includes a full assortment of premium smokable flower in multiple strains, hemp pre-rolls and hemp cigarettes. The company’s hemp cigarette line is anchored by a 20 pack of “Hemp Stix” – premium cigarettes made with 100% pure hemp direct from Hemptown’s farm and containing less than 0.3% THC and zero nicotine. The company’s proprietary premium…

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WednesdayOct 14, 2020 1:19 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands Flagship Brand to Fill the Void in Club Market, Specialty Retailers

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 its new 2-liter six-pack packaging for its flagship brand, Alkaline88(R), will now be carried by HomeGoods stores across 500 nationwide locations. “We are excited to announce that our new 2-liter six-pack offering for our core brand, Alkaline88, will be available at HomeGoods stores nationwide,” WTER president and CEO Ricky Wright said in the press release. “This unique six-pack complements our existing line-up, especially our single-serve offerings, which continue to do well in the current environment. The…

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