CannabisNewsBreaks

WednesdayFeb 12, 2020 10:02 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Implements New Operating Structure to Drive Efficiencies, Accelerate Profitable Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the implementation of a new operating structure, including staff reductions, to drive efficiencies and support long-term, profitable growth. As previously announced on January 6, 2020, Supreme Cannabis' leadership team is focused on achieving greater efficiencies and speed to market by rightsizing production, overhead and capital expenditures. “As Interim President and CEO, I committed to take immediate steps to position Supreme Cannabis for long-term success, including rightsizing the Company's cost structure and focusing our efforts on near-term revenue-generating opportunities,” Supreme Cannabis Director and Interim President and CEO Colin Moore…

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TuesdayFeb 11, 2020 1:23 pm

CannabisNewsBreaks – CannabisNewsWire Re-Engaged to Spread the Word for Beverage Trade Network’s Cannabis Drinks Expo

CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company part of the InvestorBrandNetwork (“IBN”), today announced that it will serve as the official newswire for the Beverage Trade Network’s Cannabis Drinks Expo. The expo, considered a must-attend event series for anyone curious about the emerging industry, is slated to take place at two different locations this year—July 30 in San Francisco and August 3 in Chicago. The events are geared to prime attendees with critical information on a variety of important topics and will both offer invaluable information and networking opportunities. “We have been very pleased with CannabisNewsWire,” Beverage Trade…

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TuesdayFeb 11, 2020 12:27 pm

CannabisNewsBreaks – KushCo Holdings, Inc. (KSHB) Featured in ROTH Equity Research Report

KushCo Holdings (OTCQX: KSHB) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “KSHB has acquired a 19.9% interest in Xtraction Services Holding Corp. (CSE: XS) (OTCQB: XSHLF), a specialty financing company which provides leasing solutions to owners of cannabis and hemp companies in the U.S. KSHB plans to leverage the XS infrastructure with its large cannabis and CBD network to provide operators with a full portfolio of equipment leasing solutions to augment their operations.” To request access to the full report, visit http://cnw.fm/mLT1L About KushCo Holdings KushCo Holdings, Inc. (OTCQX: KSHB)…

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TuesdayFeb 11, 2020 11:57 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Closes Agreement to Acquire Significant Stake in Sacramento-Based Budcars Cannabis Delivery Service

Sugarmade (OTCQB: SGMD) today announced the closing of an agreement to acquire a significant stake in Sacramento-based Budcars Cannabis Delivery Service, owned by Indigo Dye Group Corp. According to the update, Sugarmade will acquire 40% of Budcars for $700,000 and will be granted an option to purchase an additional 30% stake, providing Sugarmade with a controlling interest in the growing delivery service, which serves the greater Sacramento, California metropolitan area.  “Many of us have seen the multitudes of negative news stories about problems in California’s regulated cannabis industry.  While there certainly are issues, there are also many positive changes happening…

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TuesdayFeb 11, 2020 10:58 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Host Q2 Fiscal 2020 Earnings Conference Call on February 24, 2020

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Monday announced that it will report results and host a conference call with Company management for the second quarter fiscal 2020 ending December 28, 2019. The call is scheduled to take place at 5:00 p.m. Eastern Time on Monday, February 24, 2020. Interested parties may access the call by dialing (+1) 416 764 8609 (Toronto), (+1) 778 383 7417 (Local Vancouver) or (+1) 888 390 0605 (North American Toll-Free) and entering Conference ID: 03558055, or via webcast at http://cnw.fm/UqF8v. An archive of the call and replay will be accessible on Green Growth…

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TuesdayFeb 11, 2020 10:29 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Launches IONIC Brands Investor Group on 8020 Connect Platform; CEO Converts Debt into Shares

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) today announced the launch of the IONIC Brands Investor Group on 8020 Connect Platform. The dynamic 8020 platform’s interactive structure provides an opportunity for shareholders to become a part of the communication process and support the development of the company's investor audience. In addition, the company announced the conversion of US $100,000 debt at a price of C$0.06 per common share, well above the current market price, by IONIC Brands CEO & Chairman John Gorst. “Over the last five months, our management team has been working diligently, together with our stakeholders, to…

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TuesdayFeb 11, 2020 9:45 am

CannabisNewsBreaks – Radient Technologies Inc. (TSX.V: RTI) (OTCQX: RDDTF) Announces Debenture Financings, Provides Corporate Update

Radient Technologies (TSX.V: RTI) (OTCQX: RDDTF), a global commercial manufacturer of high-quality cannabinoid-based ingredients, formulations and products, on Monday announced a total financing package of up to C$15,400,000. The company has entered a non-binding letter of intent (“LOI”) with an institutional investor to subscribe for up to C$10,400,000 of convertible notes, which will have share purchase warrants attached to them. The notes and accompanying warrants shall be issuable in separate tranches. Pricing for the conversion of the notes and exercise of the warrants for common shares shall be determined at the closing of each tranche. Radient will issue the notes…

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MondayFeb 10, 2020 11:35 am

CannabisNewsBreaks – GP Solutions, Inc. (GWPD) Featured in iGrow News Article that Describes Capabilities of Controlled Environment Micro-Farms to Produce Food That Is “Better Than Organic”

GP Solutions (OTC: GWPD), the developer of "GrowPods" – controlled environment automated micro-farms, today announced that it was featured in an iGrow News article that indicates new Controlled Environment Micro-Farms, such as GrowPods, produce food that is "better than organic." According to the publication, huge misconceptions surround organic food. Organic farms can use certain pesticides, despite popular belief, and the labeling of organic food items can cause confusion because some may contain only a percentage of organic ingredients. The article reads, "Controlled Environment Micro-Farms allow growers to cultivate fruits, herbs, and vegetables in a sealed environment that virtually eliminates the…

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FridayFeb 07, 2020 9:47 am

CannabisNewsBreaks – GP Solutions, Inc. (GWPD) Expands Management Team as it Pursues Aggressive Growth Plans

GP Solutions (OTC: GWPD), the developer of "GrowPods" – controlled environment automated micro-farms, today announced that it is adding to its management team and making changes to its Board of Directors. According to the update, the company appointed Christina Kane as its Director of Sales. Kane has extensive business development experience and global manufacturing expertise, having served as director of a major franchise with over 300 stores and established distribution channels in 40+ countries. “Adding Christina to our team will help the company ramp up sales and increase distribution channels,” GP Solutions President George Natzic said in the news release.…

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FridayFeb 07, 2020 9:41 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Files Early Warning Report Regarding James E. Wagner Cultivation Corp. (TSX.V: JWCA) (OTCQX: JWCAF) Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly owned subsidiary of the company, subscribed for 2,380,952 units of James E. Wagner Cultivation Corp. ("JWC") (TSX.V: JWCA) (OTCQX: JWCAF) at a price of $0.21 each for total consideration of approximately $500,000 in connection with JWC's non-brokered private placement financing. Each unit consists of one common share in the capital of JWC and one-half of one common share purchase warrant. Each warrant enables Canopy Rivers to purchase one common share at any time on or before February 6,…

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