CannabisNewsBreaks

FridayJun 26, 2020 1:00 pm

CannabisNewsBreaks – Fusion CBD Joins Hemp For Our Future to Take Care of the Caretakers on the Front Lines of COVID-19

Fusion CBD, a visionary leader in the hemp industry, today announced that it has joined the Hemp For Our Future initiative and is donating U.S.-made full-spectrum hemp products to local healthcare heroes and frontline workers. According to the update, in order to take care of the caretakers on the front lines of COVID-19, Fusion CBD is donating therapeutic-level CBD products and hand sanitizer with hemp and essential oils to New York healthcare workers to help protect and heal their skin, help their muscles recover, and help them de-stress. Fusion CBD began donating to nurse associations in April, recently sending a…

Continue Reading

FridayJun 26, 2020 12:06 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) CEO Discusses Expansion and the Road Ahead in Shareholder Letter

Sugarmade (OTCQB: SGMD) today released a shareholder letter on behalf of its CEO, which discussed tremendous growth of its BudCars business, preparations to open a BudCars hub in Los Angeles, as well as what the company believes is a much larger opportunity ahead. “We have completed considerable analysis, the results of which point to strong returns from capital investment in both verticalizing BudCars operations and expanding to multiple new regions,” Sugarmade CEO Jimmy Chan stated in the letter, discussing the path, supported by end-demand and market positioning, which offers the potential to expand at extremely cost-effective levels in the second…

Continue Reading

FridayJun 26, 2020 11:42 am

CannabisNewsBreaks – Industry Experts “In the Know” Featured in The Bad Crypto Podcast Episode #420, “Cannabis, Crypto & Blockchain”

InvestorBrandNetwork’s Communications Director, Jonathan Keim, along with PotCoin’s Community Lead, Josh In The City, and uber Lawler & Del Duca LLP Partner, Josh Lawler, recently joined The BAD Crypto Podcast in an episode titled, “Cannabis, Crypto & Blockchain.” During the episode, the guests, familiar to the industry that is “a bigger business than ever before” went “down the cannabis rabbit hole” in a “chill out, smoke if you got em and listen in aptly numbered episode #420 of The Bad Crypto Podcast.” “It’s hard to know even where to start in terms of where things intersect,” Keim said in the…

Continue Reading

WednesdayJun 24, 2020 11:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Achieves Continued Robust Growth, on Pace for Record Month

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced continued robust growth in total volume of cannabis sales and revenues from cannabis sales during the month of June, which is now on pace to set a new Company performance record. “We continue to benefit from our decision in March to get more aggressive rather than retrench in response to the coronavirus crisis,” Simon Yu, CEO of Cannabis Strategic Ventures, stated in the news release. “The cannabis shortage we have seen in California since that time has afforded us a golden opportunity to sharply expand…

Continue Reading

WednesdayJun 24, 2020 11:04 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Hold AGM in December 2020

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced plans for its Annual General Meeting ("AGM"). According to the update, due to ongoing concerns related to the 2019 novel coronavirus ("COVID-19") and in order to provide its shareholders with the opportunity to have an in-person meeting, the Company has decided to hold its AGM on December 15, 2020. "Holding our AGM in December increases the likelihood of being able to have an in-person format, which is preferred, while we will continue to provide regular business updates reflecting our scaled operations to…

Continue Reading

WednesdayJun 24, 2020 10:32 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Enters Supply and Clinic Services Agreements with Medical Cannabis by Shoppers(TM)

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) and its subsidiaries have entered into both a product supply agreement and a clinic services agreement with Medical Cannabis by Shoppers(TM). Under the supply agreement, VIVO’s licensed producers will offer a broad portfolio of Canna Farms(TM) and Beacon Medical(TM) branded medical cannabis products through the Medical Cannabis by Shoppers(TM) online sales platform, accessible to patients across Canada. "We have a six-year track record of cultivating and producing high-quality, medical-grade cannabis and are thrilled to partner with Shoppers Drug Mart Inc." Barry Fishman, CEO of VIVO, said in the news release. "VIVO is extremely committed…

Continue Reading

WednesdayJun 24, 2020 10:08 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Results from 2020 Annual and Special Meeting

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced the results of the 2020 Annual and Special Meeting (the "Meeting"). According to the update, the Meeting was held at 1:00 p.m. (Pacific Time) on June 23, 2020, whereby there were 47,819,789 shares of the Company represented in person or by proxy, constituting 53.38% of the Company's issued share capital as at May 13, 2020, being the record date of the Meeting. All of the proposals are described in detail in the Company's proxy statement filed with the Securities Exchange Commission via Edgar and…

Continue Reading

WednesdayJun 24, 2020 9:40 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Enters Agreement with LA-Based White Lion for $10M Equity Line

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced its entry into an agreement with White Lion Capital, LLC (“White Lion”) for a $10,000,000 (ten million U.S. dollars) equity line of credit.  White Lion, based out of Los Angeles, is a millennial run equity fund that makes investments into growing public companies. "We are very excited to acquire this new equity credit line as this will facilitate our efforts to execute our marketing strategies and Company projects. We have been working diligently to get all the pieces in place so that our roll-out will be…

Continue Reading

TuesdayJun 23, 2020 11:30 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Announces Plans to Expand into Cannabis Cultivation in Verticalization of BudCars Model

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced that the Company is submitting an application to the California Bureau of Cannabis Control to expand into cannabis cultivation as part of a strategic plan to partially verticalize its BudCars model, a process that management strongly believes will further increase the Company’s gross profitability over the long-term and provide a rapid potential path to branded product development. According to the update, the Company has already secured a property containing a 5,000 square-foot indoor premium cannabis cultivation facility located in very close proximity to its Sacramento BudCars hub.…

Continue Reading

TuesdayJun 23, 2020 10:38 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF) Appoints New SVP to Lead Sales and Marketing of New Line of Cannabinoids

Willow Biosciences (TSX: WLLW) (OTCQB: CANSF) on Monday announced that Christopher Speed has joined the Company as Senior Vice President, Sales and Marketing, effective July 1, 2020. In this role, Speed will be responsible for leading the sales and marketing of Willow's new line of cannabinoids, along with the Company's strategic planning and customer initiatives. “We are very excited to have Chris join our team,” Trevor Peters, president and CEO of Willow, stated in the news release. “His expertise and experience in sales and marketing along with his strong background in the ingredients space with consumer packaged goods will be…

Continue Reading