CannabisNewsBreaks

FridayMar 20, 2020 11:42 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Issues Operations Update Regarding COVID-19

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that the company, its production facilities and medical clinics are all continuing to react to COVID-19 with adjustments to internal business practices consistent with the guidelines of public health authorities. Among other highlights from the update, the company reported that it is encouraging all to suspend travel, work from home when possible, and increase the use of personal protective equipment to lessen the risk of COVID-19 exposure and spread. VIVO Cannabis has also implemented more rigorous cleaning and sanitization practices across all of its sites. At the time of the news release,…

Continue Reading

FridayMar 20, 2020 10:25 am

CannabisNewsBreaks – Why Round Meadow Holdings Corp. Is ‘One to Watch’

Comprised of a synergistic portfolio of cannabis service companies, Round Meadow Holdings (“RMH”) is committed to supporting the evolving cannabis industry. A recent article discussing the company reads, “Historically, when industries such as cannabis experienced growth spurts, many people rushed to find their position within that space. As the competitive landscape increased, so did the velocity of product offerings. For instance, during the Gold Rush of 1849, most successes were found among companies that provided services to the miners rather than with the miners themselves. Levi Strauss and a few well-known hotel chains and banks know all too well the…

Continue Reading

FridayMar 20, 2020 10:03 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Interview to Air on Bloomberg International on the RedChip Money Report

SinglePoint (OTCQB: SING) today announced that an interview with its president Will Ralston will air on The RedChip Money Report television program. According to the update, the exclusive interview will feature Ralston as he provides insight into the company's rapidly growing solar business for residential and commercial customers. The interview will air on Sunday, March 22, at 3 PM local time on Bloomberg International, available in 100+ million homes across Europe. "The RedChip Money Report" features financial book reviews and interviews with Wall Street analysts and executives of public companies and offers insightful commentary on small-cap investing. To view the…

Continue Reading

ThursdayMar 19, 2020 3:29 pm

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Inks Agreement to Acquire Novo Formulations, Broadens Alternative Medicine Portfolio

Champignon Brands (CSE: SHRM), a wellness company specializing in medicinal mushroom and mushroom-infused products, today announced the expansion of its vertically integrated, alternative medicine product portfolio with the addition of new proprietary intellectual property (“IP”). SHRM recently entered into a definitive agreement, signed March 18, 2020, to acquire Novo Formulations Ltd. (“Novoformulations”), a specialty biotechnology company focused on developing novel and innovative delivery systems for the pharmaceutical and nutraceutical industries. Per the terms of the agreement, Champignon will acquire 100% of the issued and outstanding shares of Novoformulations for a total consideration of 12.5 million common shares in the capital…

Continue Reading

ThursdayMar 19, 2020 10:44 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Turns Up the Lights, Continues to Expand While Others Retrench in California Market

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. and California cannabis marketplaces, today announced another milestone at the company’s licensed cultivation operation in northern California, NUGS Farm North. According to the update, the company continues to expand operations and has now installed 768 high-powered grow lights, which will allow for an increase in the number of plants cultivated per year and an increase in yield relative to previously allocated cultivation capacity. “We are extremely excited to reach this milestone for NUGS Farm. It takes a lot of dedication, planning, and adjustments to get to this point.  Compliance…

Continue Reading

ThursdayMar 19, 2020 9:40 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Shareholder Letter Discussing COVID-19 and Strategic Changes

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading branded cannabis products company based in California, today released a letter from its Co-founder and CEO, Jake Heimark, discussing the COVID-19 pandemic and recent company developments. “We do not know how COVID-19 will affect our business, but we believe that we are well prepared to respond to this crisis. For our company’s full response and real-time updates on the actions we are taking to respond to this crisis, please visit PlusProductsInc.com/coronavirus,” Heimark stated in the letter. “PLUS continues to have a strong foundation as a leader in the California cannabis market. We…

Continue Reading

ThursdayMar 19, 2020 9:31 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Commences COVID-19 Drug Delivery Program

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, this morning announced the initiation of a program, in collaboration with leading laboratories in Canada and the USA, to analyze the benefits of Lexaria's DehydraTECH(TM) drug delivery platform for improving delivery and effectiveness of certain antiretroviral drugs in the fight against coronavirus disease COVID-19. Researchers around the world are currently examining several antiretroviral drugs, many of which are fat soluble, as possible candidates to combat COVID-19. When administered in oral form, fat soluble drugs are known to present considerable bioavailability challenges in effectively reaching the human bloodstream.…

Continue Reading

MondayMar 16, 2020 9:43 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Enters Definitive Agreement to Acquire Craft Mushroom Cultivator Artisan Growers Ltd.

Champignon Brands (CSE: SHRM), a wellness company specializing in medicinal mushroom and mushroom-infused products, continues to advance its vertical integration through the addition of craft mushroom production, manufacturing and research capabilities. On Friday, the Company announced its entry into a definitive agreement to acquire Artisan Growers Ltd., a British Columbia based craft mushroom cultivator and supplier. Artisan Growers utilizes a variety of techniques and infrastructure to produce premium craft mushrooms, operating a craft cultivation facility capable of producing an assortment of organic varietals including Lion’s Mane, Chaga, Reishi and Agaricus Blazei. According to the update, Champignon plans to integrate Artisan…

Continue Reading

FridayMar 13, 2020 3:03 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Focused on Driving Near-Term Revenue

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a company committed to providing premium-cannabis brands and products, recently provided an update on its strategy and outlook for the remainder of fiscal 2020. An article discussing the company reads, “Supreme Cannabis reiterated its strategy to transition from a business-to-business model to a consumer-facing, premium-cannabis business. A focus on expanding its consumer-facing product portfolio is expected to drive near-term revenue with new high-quality brands and products for a variety of consumers hitting the market in the coming months. This expanded portfolio will be supported by an innovative sales model that achieves…

Continue Reading

FridayMar 13, 2020 2:50 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Broadening Portfolio to Reach New Demographics

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in California, recently reported plans to increase its brand portfolio in Q1 2020 to target consumers beyond its main demographic (http://cnw.fm/7AcMk). An article further discussing the company’s growth plan reads, “According to the company’s investor presentation, PLUS expects to release two new lines this year: one falling in the get-high, have-fun space and one falling in the wellness/relief category. Specific details are still to come, but PLUS has built a reputation for producing superior products that become top sellers within months of release.” To view the full article,…

Continue Reading