CannabisNewsBreaks

ThursdayDec 26, 2019 10:36 am

CannabisNewsBreaks – WeedMD Inc. (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Acquires Starseed Holdings Inc., Secures $25M Strategic Equity Investment by LPF

WeedMD (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally-licensed producer and distributor of medical-grade cannabis, and Starseed Holdings Inc., a medically-focused, federally-licensed cannabis company, on Monday announced the closing of the previously disclosed acquisition of Starseed Holdings by WeedMD. According to the update, WeedMD also completed, concurrent with the closing, the previously announced private placement of subscription receipts with the LiUNA Pension Fund of Central and Eastern Canada (“LPF”), for aggregate gross proceeds of $25 million. “We officially welcome the Starseed team to the WeedMD family which together will kick-off 2020 as a very compelling, vertically-integrated cannabis company that will…

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ThursdayDec 26, 2019 10:26 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) Announces Expansion of Outdoor Cannabis Cultivation Site to Nearly 300 Acres

BevCanna Enterprises (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) today announced that is has increased the size of its outdoor cannabis cultivation site to 292 acres, up from the originally announced 130-acre site. According to the update, the company has partnered with agricultural experts Clearwater CannGrow Ltd. to grow certified organic sun-grown cannabis on the property near Osoyoos, British Columbia, and the expansion will allow BevCanna to develop into one of Canada’s largest outdoor cannabis cultivators. “Interest in our BC sun grown cannabis has been exceptionally strong, and we're expanding our cultivation and production capabilities to meet the anticipated demand,” BevCanna…

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MondayDec 23, 2019 2:13 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Employs Strategic Three-Pronged Approach to Produce High-Quality Cannabis, Attain Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, utilizes a three-pronged strategy to deliver high-quality cannabis and attain growth. This approach has cautiously steered the company through the often-chaotic cannabis industry (http://cnw.fm/25Pmr). A recent article discussing the company’s strategy reads, “First, establish foundational IP and strong core businesses. Second, create differentiated, consumer-driven products across market segments, and third, expand its consumer-centric approach to international markets. . . . Following the first component of its plan has allowed Supreme to build a strong foundation as it moves forward in a burgeoning industry. Supreme’s impressive…

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MondayDec 23, 2019 12:38 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (OTC: LVVV) Enters Next Stage in Development of World’s First Estate Grown Weedery

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 to produce high-quality craft cannabis products and services in California, today announced its completion of all necessary research and submission of its environmental report and biological resource study to the planning department for its planned Estate Grown Weedery project. “With the demand for pure, organically grown and thoroughly tested cannabis products growing rapidly, we expect the handcrafted product that will be grown at our California ranch to become the most sought-after premium cannabis…

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MondayDec 23, 2019 10:52 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Record Results in 2019

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced some of the highlights and accomplishments characterizing the Company’s most successful year of operations in its history as 2019 comes to an end. In the update, the Company details several accomplishments that played a critical role in positioning Cannabis Strategic Ventures for a much bigger scale of operations in 2020. “2019 was transformative for Cannabis Strategic Ventures,” Simon Yu, CEO of Cannabis Strategic Ventures, said in the news release. “We are extremely excited about the progress we made during 2019, and the tremendous position we…

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MondayDec 23, 2019 10:16 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Ships First Wave of Vaporizer Offerings

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced release of the first of its ‘Cannabis 2.0’ products, including Trailblazer Spark, Flicker and Glow 510-thread Torch vape cartridges.  According to the update, shipments of the custom-designed cartridges were sent to Manitoba, Saskatchewan, Ontario, New Brunswick and Nova Scotia, starting December 17, from the Company’s Moncton production campus. “As a company, bringing the next-generation of cannabis products to market without delay was important to us. We are proud to support access to tested, quality derivative-based…

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FridayDec 20, 2019 2:14 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Continues Reaching New Milestones

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, recently announced further advances in its proprietary, oral, drug-delivery platform: DehydraTECH(TM). An article discussing the company reads, “Lexaria’s early pilot-stage human trials with tetrahydrocannabinol (THC) delivery show its newest formulation of DehydraTECH-enhanced edibles begin providing cannabinoid effectiveness in less than 10 minutes, which is about twice as fast as traditional DehydraTECH and four to six times faster than generic industry formulations, according to a company news release (http://cnw.fm/2owxO). . . . Lexaria has been developing DehydraTECH solutions as alternatives to smoked or vaped drug delivery over the course of…

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FridayDec 20, 2019 2:05 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Attains Sizeable Revenue Gains During Q3

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, recently announced financial results for third quarter that showed a year-over-year (“YoY”) revenue increase of over 2.5 times. An article discussing the company reads, “HTC’s revenues grew from $1.3 million at the September close of the quarter in 2018 to $3.3 million at the quarter’s end this year, according to the report (http://cnw.fm/5bMiP). . . . The revenue gains continue to reflect growth in the company’s agri-infrastructure operation, but HTC anticipates significant new potential in the explosive growth of cannabinoid-related industries and is building hemp-biomass tolling contracts and extraction facilities…

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FridayDec 20, 2019 1:18 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Achieves 935% YoY Revenue Increase in Q3 2019

LiveWire Ergogenics (OTC: LVVV) recently reported considerable net income increases during Q3 2019, including impressive year-over-year (“YoY”) revenue growth. An article discussing the results reads, “These figures, along with its emphasis on both producing and distributing world-class cannabis throughout the state of California, illuminate the company’s unique positioning in the ever-evolving cannabis industry. . . . In its report, the company noted a 935% boom in revenues, reaching $184,200 for Q3 2019 from $17,790 the same period the prior year (http://cnw.fm/SkM8a). For the 2019 quarter — the three months ended September 30 — LVVV showed a net income of $94,749 compared…

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FridayDec 20, 2019 12:15 pm

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Payment Timing of Regular Monthly Dividend for Series “D” Cumulative Redeemable Perpetual Preferred Stock

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced the timing for the payment of its declared regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: YGYIP) for December 2019. According to the update, the dividend will be payable on January 15, 2020 to holders of record as of December 31, 2019. The dividend will be paid in cash. To view the full press release, visit http://cnw.fm/GqK90 About Youngevity International, Inc. Youngevity International, Inc. (NASDAQ: YGYI, YGYIP), is a multi-channel lifestyle company operating in three distinct business segments including…

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