CannabisNewsBreaks Archive - Page 158 of 429

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…

TuesdayApr 28, 2020 12:09 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters JV Agreement with Box-Bioscience in Ramped-Up Effort to Meet Demand for Hand Sanitizer, Bulk Products

SinglePoint (OTCQB: SING) today announced that it is ramping up its effort to meet in bound demand for hand sanitizer and other sanitizing products. According to the update, SinglePoint recently entered into an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience that will provide both parties the capability to enhance supply and expand sales opportunities of hand sanitizer. With successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products, setting the stage for a JV between the two companies to supply hand sanitizer manufactured to current FDA guidelines. Box, with new sales…

TuesdayApr 28, 2020 11:03 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Division Launches New Brand Extension

Supreme Cannabis Company’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES division today announced that it has launched a new brand extension called 7ACRES Craft Collective. With a focus on high THC and remarkable quality, 7ACRES Craft Collective will launch small batches of craft cannabis that is hand selected by the experts at 7ACRES for individual provinces based on their cannabis preferences. The first strain launched under the new brand extension will be a Pink Kush that is grown and exclusively available in British Columbia. “We are excited to launch 7ACRES Craft Collective as a way to bring new and unique…

TuesdayApr 28, 2020 10:56 am

CannabisNewsBreaks – Cannabis Global, Inc. (MCTC) Provides Update in Transition Toward Monetization of Market-Leading Intellectual Property

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, today provided an update to current and prospective shareholders as it begins to transition toward monetization of its market-leading intellectual property involving isolation, infusion and bio-enhancement of potent cannabinoids. "This continues to be a transformative period for Cannabis Global as we start to realize a commercial return on our foundation of strong R&D investments," Cannabis Global CEO Arman Tabatabaei said in the news release. "We strongly believe we have positioned the Company as a market leader in the cannabis, hemp, and CBD products…

TuesdayApr 28, 2020 10:15 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Chosen as Headline Partner for PSYCH: The Psychedelics Symposium

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 that it has been chosen as the Headline Partner for Prohibition Partners LIVE’s PSYCH: The Psychedelics Symposium (“PSYCH”). The psychedelics virtual conference, scheduled to take place June 22 - 23, 2020, will highlight the most recent developments in the psychedelic industry, hear from world-renowned speakers and engage with a network of industry-leading professionals. “The impact of COVID-19 has put greater emphasis on…

TuesdayApr 28, 2020 9:59 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Issues Shareholder Letter with Status Update During COVID-19

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today issued a letter to shareholders from its CEO, Jesus Quintero, that provided a status update on MCOA during the COVID-19 pandemic. The update covers steps Quintero has taken to steer MCOA to success and profitability, with a focus in recent months on streamlining the company’s organizational structure to minimize operational costs and continue to strengthen its sales. “Our primary sales strategy capitalizes our Network Marketing program, which has been operating successfully over these past three years with growth and success,” Quintero stated in the letter. “My vision…

MondayApr 27, 2020 10:17 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints Proven Leader in Canadian CPG Sector, Beena Goldenberg, as President and CEO

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its board of directors (the “Board”) has named Beena Goldenberg, former CEO of Hain-Celestial Canada ("Hain Canada"), as the Company's president and chief executive officer, effective immediately. According to the update, Goldenberg succeeds Colin Moore who, as interim president and CEO since January 2020, took significant steps to reduce the Company's operating and overhead costs, expand its product offering across all market segments and accelerate its transition into a premium cannabis consumer packaged goods ("CPG") company. Moore will continue to serve as a director of the Company and…

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