CannabisNewsBreaks

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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WednesdayFeb 05, 2020 1:29 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Enters Strategic Agreement with Specialty Grower QDG Agricultural

LiveWire Ergogenics (OTC: LVVV), a health and wellness company with a focus on special purpose real-estate acquisitions and the licensing and management of high-end and permitted facilities and operations to provide cannabis-based products and services in California, on Tuesday announced its entry into a definitive agreement with QDG Agricultural (“QDG”), an experienced and highly specialized cannabis production company, to begin construction for operation at its Estrella Ranch facility in Paso Robles, California. “With the demand for pure, organically grown and thoroughly tested cannabis products growing rapidly, we anticipate the handcrafted product that will be grown at our California ranch to…

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WednesdayFeb 05, 2020 10:15 am

CannabisNewsBreaks – HTC Extraction Systems’ (TSX.V: HTC) (OTCQB: HTPRF) Extraction Technology Selected for $20M Xprize Competition

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) today announced that HTC’s patented extraction technology has been selected to supply extracted CO2 for the prestigious $20 million NRG COSIA Carbon Xprize competition. According to the update, the four-and-a-half-year global Xprize competition challenges teams to transform the way the world addresses carbon dioxide (“CO2”) emissions through breakthrough circular carbon technologies that convert carbon dioxide emissions from power plants into valuable products. Ten teams from five countries were selected to advance to finals after passing a first-round evaluation based on the amount of CO2 converted into products, as well as the economic value,…

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WednesdayFeb 05, 2020 9:32 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Subsidiary Modifies TerrAscend Canada Loan Terms

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, has amended the terms of its recent US$10 million loan to TerrAscend Canada Inc., a wholly‑owned subsidiary of TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). The loan, announced October 2, 2019, included the purchase of 13,243 units, each of which was comprised of: (i) one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 (the "debentures"), and (ii) 25.2 common share purchase warrants to purchase common shares of TerrAscend with an exercise…

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TuesdayFeb 04, 2020 1:41 pm

CannabisNewsBreaks – Recognized Experts to take Stage in Cannabis Panel Discussion at NobleCon16

Noble Capital Markets, Inc. (“Noble”) on Monday announced that it has assembled a panel of recognized experts of the current state of the cannabis industry to present a discussion titled: “Back Down to Reality? What Investors Should Know about Cannabis Stocks in 2020.” The discussion will take place at Noble’s 16th annual small and microcap investor conference (“NobleCon16”), to be held at the new Hard Rock Guitar Hotel in Fort Lauderdale, Florida, on February 16-18, 2020. Research distribution platform Channelchek hand-selected the panel members, pulling experts from VC funds, CBD companies and various segments including industry staffing, education, supply chain,…

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TuesdayFeb 04, 2020 1:13 pm

CannabisNewsBreaks – Cannara Biotech Inc. (CSE: LOVE) (OTCQB: LOVFF) (FRA: 8CB) Receives Cultivation License for Purpose-Built Farnham Facility

Cannara Biotech Inc. (CSE: LOVE) (OTCQB: LOVFF) (FRA: 8CB), an emerging vertically integrated cannabis company focused on indoor cultivation, processing and medical sale of premium dried cannabis and cannabis derivatives under The Cannabis Act, recently announced the receipt of its cultivation license from Health Canada for Phase 1 of its purpose-built Farnham Facility, in Québec. "After many months of diligent preparation, today's milestone will allow us to start cultivation immediately and to advance our goal of becoming the premiere grower of cannabis in Québec and in due course, the rest of Canada," Cannara Biotech (Quebec) Inc. COO Barry Laxer said…

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MondayFeb 03, 2020 1:00 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Prevails in Long-Lasting Lawsuit with New York Lender

LiveWire Ergogenics Inc. (OTC: LVVV), a health and wellness company with a focus on special purpose real-estate acquisitions and the licensing and management of high-end and permitted facilities and operations to provide cannabis-based products and services in California, announced that it has prevailed in a long-lasting lawsuit with America E Group. According to the update, United States District Court Judge Gregory H. Woods of the United States District Court for the Southern District of New York on January 28, 2020, issued an opinion and order in the action entitled, American E Group LLC v. Livewire Ergogenics Inc. (18-civ-3969) that granted…

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