CannabisNewsBreaks Archive - Page 139 of 429

MondaySep 21, 2020 12:17 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Achieves Scalable Production of Pure CBG

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a Vancouver, Canada-based company focused on manufacturing pharmaceutical-grade cannabinoids via synthetic biology, today announced that it has successfully developed a scalable process, with demonstrated production at 500 litre scale, for producing cannabigerol ("CBG") with greater than 99% purity and no detectable tetrahydrocannabinol (“THC”). "Achieving scalable production of pure CBG is a pivotal milestone for both Willow and our industry" said Willow's Chief Executive Officer Trevor Peters in the press release. "The market opportunity for high-purity cannabinoids manufactured under GMP control is expected to be in the billions of dollars in the coming years, and…

FridaySep 18, 2020 1:40 pm

CannabisNewsBreaks – Pure Extract Technologies Inc. Poised as ‘Psychedelic Events Are Going Mainstream’

Pure Extract Technologies, a private, plant-based extraction company, is well positioned to partner with organizations eyeing development in both functional and psychedelic products. The company’s entry into functional medicinal mushrooms and collaboration in the psychedelic space look to be appropriately timed for a sector experiencing rising popularity and growing investment. An article discussing this highlights excerpts from a recent “Forbes” publication, titled “Psychedelic Events Are Going Mainstream, Where The Much-Maligned Mushroom Industry Focuses On Mental Health” (https://cnw.fm/LzAgR). The piece reads, “Psychedelics have been a mainstay for a millennia and appreciated in the counter-culture for decades. In 2020, whether consuming, investing, or…

FridaySep 18, 2020 10:58 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Expands Portfolio to Add 250 Acres in Prestigious Fraser Valley Region

Pac Roots (CSE: PACR) (“PacRoots”), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced the closing of a share purchase agreement with 1088070 BC. LTD., a company existing under the laws of Canada ("1088") and Dave Jonkman and Norm Tapp (together, the "1088 Shareholders" and each, a "1088 Shareholder"). Under the agreement, PacRoots has acquired all of the issued and outstanding shares of 1088, which owns and controls nine parcels comprised of 250 acres of prestigious land in the Fraser Valley Region of British Columbia. "The addition of such a substantial…

WednesdaySep 16, 2020 12:17 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Continues Making ‘Great Strides Toward C-Store Strategy’

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 flagship brand, Alkaline88(R), is now available in over 200 new convenience store locations and across seven Core-Mark distribution centers. “We continue to make great strides toward our c-store strategy and see strong demand for our single-serve offerings,” said WTER president and CEO Ricky Wright in the press release. “Our flagship brand, Alkaline88, is now available in seven Core-Mark distribution centers, giving us access to thousands of new c-stores across the United States. With Core-Mark representing…

WednesdaySep 16, 2020 11:00 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Chocolatier to Offer Cannabis-Infused Chocolates

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has signed a letter of intent with Quebec-based Chocolatier to produce a new line of premium cannabis-infused, organic chocolate at its Valleyfield site. The new product line, part of TGOD’s strategic plans for expansion, will feature high-quality Belgian chocolate and organic gourmet ingredients. The announcement follows TGOD’s decision to transform its licensed Valleyfield facility into a processing hub to support its expanding product portfolio, reducing the company’s reliance on third parties and providing enhanced agility and increased quality control. "As we conducted a complete…

TuesdaySep 15, 2020 2:41 pm

CannabisNewsBreaks – Fresh Farms E-Liquid LLC Confirms PMTA Submission for Dozens of Quality Products

Fresh Farms E-Liquid, a global leader in both the vapor and CBD industries, today confirmed its September 6 submission of Premarket Tobacco Applications (“PMTAs”) to the Food and Drug Administration (“FDA”) prior to last week’s deadline of September 9, 2020. Fresh Farms, in working with key scientific partners to ensure the highest standards of analysis as well as Keller and Heckman LLP’s world-class legal team, fully expects acceptance of its submission to move on to the substantive scientific review phase with the FDA. Fresh Farms’ submission encompasses dozens of products as it seeks FDA approval to continue offering its extensive…

TuesdaySep 15, 2020 1:37 pm

CannabisNewsBreaks – Fibonacci Brands Announces Acquisition of Darwin as Its Foundation Brand

Fibonacci Brands, a trusted player in the rapidly expanding international cannabis industry with a vision to create a house of world-class brands, today announced its acquisition of Darwin from Harvest Health and Recreation as its foundation brand. “We are thrilled with the opportunity to execute the vision of Darwin: to reintroduce humanity to cannabis, with integrity, so everyone can ‘Enjoy with Confidence,’” said Fibonacci Brands founder James George in the press release. “We thank everyone who has supported Darwin over the years, and we are excited to evolve our products to make Darwin even more accessible to the cannabis community.”…

MondaySep 14, 2020 12:10 pm

CannabisNewsBreaks – Cannabis Is on the Ballot for Five More States This November

A recent CNN Business article by Alicia Wallace covers five additional states, including Arizona, New Jersey, South Dakota, Montana and Mississippi, where residents will vote on cannabis legalization this November. Following the 2016 “green wave,” as legalization measures passed in eight out of nine states in the U.S. election, the industry and its supporters are hoping for another big win. Cannabis producers and retailers such as Harvest Health & Recreation Inc. (CSE: HARV) (OTCQX: HRVSF) and firms like Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) and Cresco Labs Inc. (CSE: CL) (OTCQX: CRLBF) are supportive of further cannabis legalization. The…

MondaySep 14, 2020 11:08 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) to Webcast Live at Life Sciences Investor Forum

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), based in Vancouver, Canada, focused on manufacturing pharmaceutical-grade cannabinoids via synthetic biology, today announced that its president and CEO, Trevor Peters, will present live at LifeSciencesInvestorForum.com at 2:30 p.m. ET on September 17, 2020. Interested parties may register for and access the presentation at http://cnw.fm/aTrB8. Investors are invited to ask the company real-time questions at the live, interactive online event. An archived webcast will be available after the event for those unable to attend live on the day of the conference. To view the full press release, visit http://cnw.fm/ASoWZ About Willow Biosciences Inc. Willow…

MondaySep 14, 2020 10:05 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Receipt of Statement of Claim Relating to PharmHouse JV

Canopy Rivers (TSX: RIV) (OTC: CNPOF), today announced its receipt of a statement of claim filed by 2615975 Ontario Inc., the company's joint venture (“JV”) partner in PharmHouse Inc., concerning certain disputes relating to PharmHouse. According to the update, the claim makes a number of allegations against the company, Canopy Growth Corporation and TerrAscend Corp. and TerrAscend Canada Inc. (together, "TerrAscend"), including claims relating to bad faith, fraud, civil conspiracy, breach of the duty of honesty and good faith in contractual relations and breach of fiduciary duty, and claims relating to PharmHouse's offtake agreements with Canopy Growth and TerrAscend. The…

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