CannabisNewsBreaks

MondayJul 06, 2020 2:29 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF) to Present at VirtualInvestorConferences.com

Willow Biosciences (TSX: WLLW) (OTCQB: CANSF), based in Vancouver, Canada, focused on manufacturing pharmaceutical grade quality cannabinoids via synthetic biology, today announced that its CEO and President Trevor Peters will present live at VirtualInvestorConferences.com at 12:00 p.m. Eastern Time on Thursday, July 9. Interested parties are encouraged to visit www.VirtualInvestorConferences.com to pre-register and run the online system check to expedite participation and receive event updates. An archived webcast will be made available after the event for those unable to join live on the day of the conference. To view the full press release, visit http://cnw.fm/3cdVu About Willow Biosciences Inc. Willow…

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MondayJul 06, 2020 11:09 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Update on Global Medical Business

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited ("Canna Farms"), ABcann Medicinals Inc. ("ABcann") and Harvest Medicine Inc. ("Harvest Medicine"), today provided an update on its global medical business, which operates in Canada, Germany and Australia. "One of our top strategic priorities is to focus on the global medical cannabis market, directly servicing tens of thousands of patients and investing in product development initiatives that prioritize high-quality novel products," Barry Fishman, CEO of VIVO, stated in the news…

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MondayJul 06, 2020 10:07 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Board Change

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Friday announced that Navdeep Dhaliwal resigned his seat on the Board of directors (the "Board") effective June 30, 2020. As previously announced on April 27, 2020, Beena Goldenberg, CEO of Supreme Cannabis, has joined the Company's Board. "We have built a board with deep retail, supply chain management, regulated industry and governance expertise to support Supreme Cannabis' growth and transformation into a leading cannabis CPG company," Supreme Cannabis' Board Chairman, Michael La Brier, said in the news release. "We remain committed to maintaining a majority independent Board and with Mr.…

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ThursdayJul 02, 2020 11:06 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Closes June with Continued Sales Momentum, Posting Second-Best Week in Its History

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it closed out the month of June with continued sales momentum, posting its second-best week in Company history, with over $550,000 in sales of cannabis products (an annualized pace of better than $28 million). “It’s no surprise that we keep setting or closing in on new record sales numbers for days, weeks, months,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “It’s hard to imagine that we won’t see this continue in July, August and beyond. This is the product…

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WednesdayJul 01, 2020 11:51 am

CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Achieves Another Breakout Month With Record Growth in Every Metric

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today provided current and prospective shareholders with BudCars performance data for the month of June. According to the update, BudCars achieved total sales of $502,903 in June, representing 36% sequential monthly top-line growth, with total sales and profits now growing by more than 30% m/m for the third consecutive month. “June was another breakout month for BudCars growth across basically every single metric important to gauging our progress,” Jimmy Chan, CEO of Sugarmade, stated in the news release. “Our pricing improved. Our average order improved. We did more business…

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WednesdayJul 01, 2020 11:05 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Appoints Current Board Member as EVP of Mergers and Acquisitions

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced the appointment of Themistocles (Tim) Psomiadis as Executive Vice President of Mergers and Acquisitions. A member of MCOA’s Board of Directors since February 28, 2020, Psomiadis will be instrumental in the implementation of the Company's strategy of accelerating growth through key acquisitions. “The addition of Tim to our group, as both member of the board and Executive Vice President of Mergers of Acquisitions is a true game changer for our Company,” MCOA CEO Jesus Quintero stated in the news release. “He brings a wealth of knowledge…

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MondayJun 29, 2020 11:31 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Non-Dilutive Share Exchange Transaction, Share Structure Update

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced the completion of a non-dilutive share exchange transaction (the “Transaction”), under which an existing Company shareholder exchanged 75,500 Common Shares for 15,100,000 newly created Class B Common Shares (the “Class B Subordinate Voting Shares”), on the basis of 200 Class B Subordinate Voting Shares for each Common Share. Per the update, the aggregate value of the exchanged Common Shares (CAD$0.7405 per share, representing an aggregate value of CAD$55,907.75) was equivalent to the aggregate value of the newly issued Class B Subordinate Voting…

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MondayJun 29, 2020 11:08 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Expiry of Forbearance Agreement with Green Ops

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Friday announced the expiration of the forbearance period (“Forbearance Period”) pursuant to the terms of the forbearance agreement (the “Forbearance Agreement”) with Green Ops Group LLC (“Green Ops”) previously announced on May 20, 2020.  Per the update, the expiration of the Forbearance Period entitles Green Ops to exercise any and all of its rights under the loan documents and applicable law, and GGB is precluded from contesting any such enforcement action under a separate Voluntary Surrender of Collateral in Satisfaction of Debt and Release Agreement among the parties. To view the full…

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MondayJun 29, 2020 10:15 am

CannabisNewsBreaks – Psychedelic Investment Opportunities to be Showcased at Benzinga Cannabis Conference’s Virtual Deal Room Event

The Benzinga Cannabis Capital Conference’s Virtual Deal Room event is set to take place Tuesday, June 30 from 10:00 AM - 6:00 PM EDT. This installment of Benzinga’s Deal Room series will shine a spotlight on investment opportunities within the psychedelics industry. Among other highlights, the event will feature presentations and one on one video meetings with selected CEOs within the psychedelics space. Presenting companies include Mind Medicine Inc. (NEO: MMED) (OTCQB: MMEDF) (“MindMed”), a leading neuro-pharmaceutical company for psychedelic inspired medicines, and Ehave, Inc. (OTC: EHVVF), an evidence-based therapeutic intervention provider. To register for the event, visit http://cnw.fm/hB58i About…

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MondayJun 29, 2020 10:08 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Update on Adult-Use Products

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, ABcann Medicinals Inc. and Harvest Medicine Inc., today provided an update on its adult-use cannabis products. According to the update, VIVO recently made initial shipments of its Fireside X shatter product to several provincial wholesalers, representing its second significant concentrates product format launch with an expected significant contribution to the Company's revenue. "I am pleased to announce that our early shatter sales have exceeded our expectations. We have shipped to…

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