CannabisNewsBreaks Archive - Page 157 of 429

TuesdayMay 05, 2020 11:09 am

CannabisNewsBreaks – SinglePoint, Inc.’s (SING) Hemp Vertical on Track to Double Sales in Q2 Alongside Launch of 1606 Countertop Display

SinglePoint (OTCQB: SING) announced today that it is starting its second quarter with strong numbers and the focus on continued growth. According to the update, SinglePoint’s Hemp vertical is on track to double sales in Q2 alongside the launch of 1606 Hemp six-pack counter top display. 1606 Hemp has seen a 133% increase in sales growth this quarter, as well as a 233% growth in sales up to this point of the month compared to the same timeframe in the previous month. SinglePoint has placed a focus on self-generated in store placement by hiring professional sales representatives to acquire new…

TuesdayMay 05, 2020 10:34 am

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Enters Game-Changing Agreement for Expansion in the California Cannabis Edibles and Beverages Marketplace

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced its entry into a definitive, five-year agreement (the "Agreement") for the production of cannabis edibles and beverages in conjunction with licensed California cannabis operator, Magnolia Extracts, LLC of Lynwood, California. Under the Agreement, Cannabis Global will provide access to its trade secrets and patent pending technologies for chemical-free cannabis and hemp infusions in the production of edibles and beverages containing tetrahydrocannabinol (“THC”). "This deal represents an enormous escalation in terms of our positioning in the California cannabis edibles and beverages marketplace,"…

MondayMay 04, 2020 2:53 pm

CannabisNewsBreaks – Youngevity International, Inc.’s (NASDAQ: YGYI) Khrysos Industries Launches Business- and Consumer-Facing Web Interface for FDA-Approved Hand Sanitizers

Youngevity International (NASDAQ: YGYI), together with its wholly owned subsidiary, Khrysos Industries, Inc., today announced the launch of a web interface dedicated for the sale of the company's new line of hand sanitizers. The landing page (www.Khrysos-HandSanitizer.com) targets both businesses and consumers and can be accessed for immediate purchase. "We began shipping hand sanitizer on April 7 and we are pleased to be a part of the solution for a product that remains in short supply," Dave Briskie, President and CFO of YGYI, stated in the news release. "This web interface should provide seamless access to our customers for information…

MondayMay 04, 2020 2:00 pm

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Forms Dedicated Committee to Advance North American Clinical Expansion

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company focused on applying novel and natural treatment protocols to address a broad range of disorders and deficiencies with an emphasis on psychedelic medicine, today announced it has advanced its North American new clinical entity (“NCE”) expansion stratagem via the formation of a dedicated planning committee (the “Committee”). “We will look to capitalize on the fragmented nature of the U.S. ketamine clinic marketplace with the objective of creating a consortium of integrated mood disorder treatment and research facilities,” Gareth Birdsall, CEO of Champignon, said in the news release.…

MondayMay 04, 2020 11:14 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Invests C$2 Million in Dynaleo, Eyes Significant Opportunity in Cannabis Gummies Market

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced a C$2 million investment in Dynaleo Inc., an Edmonton-based company focused on white-label manufacturing of edible cannabis gummies for the Canadian market. According to the update, the Company anticipates the investment may become a leading industrial scale Canadian gummies manufacturer and believes it is capitalizing on a significant opportunity in what is currently an underserved and underdeveloped segment of the cannabis market. "We believe that Dynaleo is positioned to become a market leader in cannabis edibles manufacturing in Canada," Canopy Rivers President & CEO Narbé…

MondayMay 04, 2020 10:43 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Over US$2 Million Private Placement

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced its entry into definitive agreements with certain qualified investors for the sale of 8,978,260 shares ("Shares") of its common stock along with common stock purchase warrants ("Warrants") to purchase up to 8,978,260 shares of its common stock in a private placement (collectively the "Offering") for gross proceeds of over US$2 million. According to the update, the purchase price per Share is US$0.23. The Warrants being issued in connection with the purchase of the Shares are immediately exercisable at an exercise term of five years…

FridayMay 01, 2020 12:57 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Sees Significant Jump in Budcars Cannabis Deliveries in March

Sugarmade (OTCQB: SGMD) recently acquired a significant stake in Sacramento-based Budcars Cannabis Delivery Service (http://cnw.fm/jUX5t). An article discussing the company reads, “An agreement announced in February 2020 stipulated that Sugarmade would acquire 40% of Budcars and would be granted an option to purchase an additional 30% stake, ultimately providing SGMD with a controlling interest in the growing delivery service, which serves the greater Sacramento metropolitan area. Budcars delivers a wide range of cannabis products to the metropolitan area, where the population is showing growing acceptance of cannabis usage and delivery and scores above the 50 percentile in terms of cannabis…

ThursdayApr 30, 2020 12:25 pm

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Announces Cannabinoid Sciences Research Breakthrough Unveiled by “Project Varin”

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today announced a research breakthrough in the field of cannabinoid sciences resulting from the company's “Project Varin,” which began earlier this year. According to the update, the research program has yielded a new tetrahydrocannabivarin (“THC-V”) delivery system providing for sustained release of the cannabinoid over a predetermined period of time, as well as two other delivery systems for immediate release. “While these developments add to our growing list of intellectual property, these are much more than technologies that will sit on a shelf,”…

ThursdayApr 30, 2020 10:33 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Announces Complete Vertical Integration of Ketamine Treatments/Therapies, Closing of AltMed Acquisition

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) continues to strengthen its vertically integrated psychedelic medicine ecosystem via the acceleration of its ketamine topicals prescription fulfillment capabilities. The company today announced the addition of central fill and compounding infrastructure for its proprietary ketamine formulations via a location at one of Canada’s leading retail pharmacy chains (the “Pharmacy”), as well as the dispensing of its products throughout the Pharmacy’s network. “With this arrangement, Champignon boasts complete vertical integration with respect to our rapid onset ketamine treatments and therapies,” Champignon CEO Gareth Birdsall stated in the news release. “From novel formulations to product…

WednesdayApr 29, 2020 9:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Eyes Record-Breaking April Sales in Strong Structural Growth Boom

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it has seen record total monthly cannabis sales and record sequential monthly cannabis sales growth so far in the month of April. According to the update, the company’s total gross cannabis sales for April are running at an annualized pace of more than $6 million, which is an increase of more than 400% over average monthly sales seen in calendar Q1. “This data should help to better contextualize our prior announcement detailing our expansion in total cannabis production capacity,” Cannabis Strategic Ventures CEO Simon…

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