CannabisNewsBreaks Archive - Page 165 of 429

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,…

FridayMar 13, 2020 10:15 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Successful NYC Trip on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed a successful NYC trip. “As a lot of the shareholders know, this is going to be two years now that SinglePoint is fully reporting and, as discussed before, it looks like we’re going to show revenues…

ThursdayMar 12, 2020 10:35 am

CannabisNewsBreaks – Sugarmade, Inc.’s (SGMD) BudCars Sees Sharp Rise in Delivery Demand as Coronavirus Impacts Cannabis Consumer Patterns

Sugarmade (OTCQB: SGMD), together with the BudCars Cannabis Delivery Service, today announced a sharp rise in demand for its cannabis delivery service, driving an associated 10% week-over-week rise in total sales over the past two weeks. According to the update, the company believes this dynamic is being driven by the stay-at-home trend that has emerged in many communities around the world in response to the global COVID-19 outbreak. “The Coronavirus pandemic is undeniably a game-changer for consumer behavior patterns that will likely have long-term implications as it drives new habits into place,” Sugarmade CEO Jimmy Chan, who recently announced a…

ThursdayMar 12, 2020 9:29 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains C$80.5M Debt Financing Arrangement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Wednesday announced that TerrAscend Canada Inc., a wholly owned subsidiary of CNPOF’s portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF), has entered into an C$80.5 million loan financing arrangement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) pursuant to a secured debenture. TerrAscend has issued 17,808,975 common share purchase warrants to Canopy Growth in connection with the loan. TerrAscend Canada intends to use the net proceeds toward general corporate purposes, the funding of its Canadian operations, its Arise Bioscience U.S. hemp division, international expansion, and the…

WednesdayMar 11, 2020 10:51 am

CannabisNewsBreaks – MCTC Holdings, Inc. (MCTC) Begins Organization of Animal Study Focused on THC-V and Appetite Suppression, Weight Loss

MCTC Holdings (OTC: MCTC), a cannabinoid and hemp extract science forward company developing infusion and delivery technologies, seeks to answer a pressing question within the cannabinoid industry arena: Does tetrahydrocannabivarin (“THC-V”) promote weight loss? According to the update, MCTC has completed Phase One of its Project Varin, a program designed to develop delivery systems and uses for THC-V, and is moving into its second phase of research. Company researchers are now organizing what is believed to be the industry's first animal study specifically focused on determining if the administration of THC-V leads to appetite suppression and/or weight loss. “While many…

WednesdayMar 11, 2020 9:36 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Q4, Year End 2019 Financial Results

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, on Tuesday released its results for the fourth quarter and fiscal year ended December 31, 2019. Among the highlights, the company posted $3.25 million in quarterly revenue ($11.16 million for the year) consisting of hemp-derived product sales in Europe of $2.56 million ($9.88 million for the year) and sales from cannabis products in Canada of $0.69 million ($1.28 million for the year). “While 2019 was a challenging year for the entire sector, we have made significant progress on the operational front and adjusted our…

TuesdayMar 10, 2020 10:30 am

CannabisNewsBreaks – Choom(TM) (CSE: CHOO) (OTCQB: CHOOF) Continues Expansion of Cannabis Retail Network with 15th Alberta Location

Choom(TM) (CSE: CHOO) (OTCQB: CHOOF), an emerging adult use cannabis company that has secured one of the largest national retail networks in Canada, on Monday announced the opening of a licensed cannabis retail store in Edmonton, Alberta. The latest brick-and-mortar location is slated to open on March 13, 2020. "We look forward to welcoming the community of Edmonton as we share our unique retail experience with the opening of Choom's 15th location in Alberta," Choom CEO Corey Gillon said in the news release. "We are thrilled to continue the expansion of our cannabis retail network throughout the province." To view…

FridayMar 06, 2020 12:25 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Report Q4, Year End 2019 Financial Results on March 10

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced that the company will release its fourth quarter and year end 2019 financial results after market close on Tuesday, March 10, 2020. At 9 AM ET on Wednesday, March 11, 2020, TGODF will hold a conference call featuring CEO Brian Athaide and CFO Sean Bovingdon to discuss the results. A question and answer period will feature analysts following the speakers on the call. To join the conference call, dial 1-416-764-8688 for the Toronto line or 1-888-390-0546 for the toll-free North America line…

ThursdayMar 05, 2020 3:22 pm

CannabisNewsBreaks – technical420 Highlights Three Major US Cannabis Markets and Companies Focused on Opportunity

A recent editorial by Anthony Varrell on technical420 titled “3 Major US Markets Driving Headlines For the Cannabis Sector” reviews impressive growth for the cannabis industry despite considerable pressure since early 2019. The article focuses on three of the most significant cannabis markets in the U.S., as well as companies that are focused to capitalize on opportunity. Nevada is mentioned in the article as a tourism driven cannabis market and 1933 Industries (CSE: TGIF) (OTCQX: TGIFF), looking to show visible catalysts for growth. Also highlighted is California, the world’s largest cannabis market, and MedMen Enterprises (CSE: MMEN) (OTCQX: MMNFF), one…

ThursdayMar 05, 2020 2:15 pm

CannabisNewsBreaks – Ignite International Brands, Ltd. (CSE: BILZ) (OTCQX: BILZF) Enters Licensing Agreement with Namaste Technologies, Inc.’s (TSX.V: N) (OTCQB: NXTTF) (FRA: M5BQ) CannMart

Ignite International Brands, Ltd. (CSE: BILZ) (OTCQX: BILZF) recently announced its entry into a licensing agreement with CannMart Inc., a leading online provider of high quality cannabis products and accessories, operating as a wholly-owned subsidiary of Namaste Technologies Inc. (TSX.V: N) (OTCQB: NXTTF) (FRA: M5BQ). According to the update, the agreement grants CannMart a non-exclusive license to utilize certain IGNITE brand trademarks on legal cannabis-based products in consideration for certain royalty payments. “The IGNITE team remains committed to delivering cannabis products to every market we target. We firmly believe working with CannMart will provide quality product offerings and a quicker…

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