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ThursdayOct 31, 2019 10:01 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Acquires BZRTH Inc. as Part of Roll-Up Strategy to Create Dominant Force in $24B Global Hydroponics Market

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced the closing of its acquisition of BZRTH Inc., a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. Sugarmade expects that the new combined entity will drive EBITDA profitability, net-positive cash flows, and top-line sales of $37 million on a forward basis. “As of today, Sugarmade is one of the largest publicly traded hydroponics companies in the world,” SGMD CEO Jimmy Chan said in the news release. “The most important idea we want to convey to our committed shareholders right now is that this…

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WednesdayOct 30, 2019 2:22 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) CEO Discusses Company’s Evolving Role in Multibillion Cannabis Industry in Exclusive NetworkNewsWire Broadcast

LiveWire Ergogenics (OTC: LVVV), a forward-thinking company specializing in identifying and monetizing current and future trends in the health and wellness industry, today announced the broadcast of its audio interview with NetworkNewsAudio (“NNA”), a NetworkNewsWire (“NNW”) solution. LiveWire chairman and CEO Bill Hodson was featured in the interview, hosted by Stuart Smith, as he discussed LiveWire’s stunning 265-acre Estrella Ranch property in Paso Robles, California, as well as the company’s state-wide cannabis distribution license and network and its evolving role in the multibillion-dollar cannabis industry. “With the cannabis market expanding rapidly in California, we decided to get involved and pivot…

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WednesdayOct 30, 2019 12:17 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Provides Recent Activities Update

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, today announced that it has closed its bought deal private placement resulting in gross proceeds of $10 million. In addition, the company reported the completion of its 19,000-square-foot facility that will house quality assurance testing and product development laboratories and extraction and formulation processing. The facility is presently undergoing the interior completion to qualify it as GMP Euro compliant and is anticipated to be one of the highest performing and top product quality extraction and refining facilities in Canada. HTC has also completed the construction of its 27,000-square-foot hemp biomass processing…

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WednesdayOct 30, 2019 9:33 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Departure of Chief Advocacy Officer

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced that it has parted ways with its Chief Advocacy Officer John Fowler. In the update, Supreme Cannabis thanked Fowler for his years of dedication and strong contribution to the company, as well as his passion for the cannabis plant. Fowler is a strong believer in the cultivation of high-end cannabis and was one of the original founders of Supreme Cannabis' flagship brand, 7ACRES. “We all wish John the best in his next endeavor and thank him for his commitment to the company for the last four years. John…

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WednesdayOct 30, 2019 9:25 am

CannabisNewsBreaks – GP Solutions, Inc. (GWPD) Launches Proprietary, Cost-Effective Growth Medium

GP Solutions (OTC: GWPD), the developer of proprietary, automated micro-farms called GrowPods, on Tuesday announced the launch of Prolific, a unique, proprietary soilless growth medium and nutrient line that is free of human and sewage waste. Formulated by GP Solutions' in-house scientists, Prolific consists of organic ingredients, requires little fertilization to sustain plant strength, and is reusable, making it cost-effective and sustainable. Prolific will be available in better garden centers, farm equipment and materials stores, and on the GP Solutions' website. “Our objective was to develop a growth medium that will help give plants the proper nutrients they need to…

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TuesdayOct 29, 2019 1:46 pm

CannabisNewsBreaks – Israeli Cannabis Market Quickly Gaining Investment Interest

An editorial published today by Technical420 and written by Anthony Varrell describes increased interest in the Israeli cannabis market from an investor and company standpoint. Describing the trend “that investors need to be aware of,” the article outlines three factors attributing to rising interest. These include greater attractiveness of the economics associated with cultivating cannabis in Israel as compared to Canada, which will, according to the article, provide companies like Isracann Biosciences (CSE: IPOT) with a major competitive advantage. Additional factors for rising interest include proximity, with the article describing quickness and ease in shipping cannabis from Israel to the…

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TuesdayOct 29, 2019 10:00 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Enters Technology and Research Partnership with CB2 Insights Inc. (CSE: CBII) (OTCQB: CBIIF)

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, has entered into a technology and multi-phase research agreement with CB2 Insights Inc. (CSE: CBII) (OTCQB: CBIIF) ("CB2"), a leading data-driven company focused on bringing real-world evidence driven from the point-of-care to the medical cannabis community. Under the agreement, CB2 will assist in the development of VIVO's global medical product development strategy. CB2 will integrate its Clinical Data Management Software (“CDMS”) and Electronic Data Capture (“EDC”) tools to establish a better understanding of VIVO's current medical patient registry, and the companies will collaborate…

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FridayOct 25, 2019 9:54 am

CannabisNewsBreaks – Bern One Down: Sanders Tweets Plan to Legalize Marijuana Nationwide During First 100 Days in Office

"The Five" on Fox News yesterday discussed independent senator and 2020 presidential primary contender Bernie Sanders and his plan to legalize marijuana. Under the plan, announced on Thursday, Sanders will work on legalization by executive order within the first 100 days of his administration should he win the White House. Sanders, whose home state of Vermont in 2018 legalized possession of one ounce of pot and allowed each adult resident to grow two plants for personal use, has long been a supporter of decriminalizing marijuana nationwide. He’s argued that criminalization of the drug has ravaged communities of color and created…

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ThursdayOct 24, 2019 2:46 pm

CannabisNewsBreaks – Why LiveWire Ergogenics Inc. (LVVV) Is ‘One to Watch’

LiveWire Ergogenics (OTC: LVVV) is a forward-thinking company specializing in finding and monetizing present and upcoming trends in the health and wellness industry. An article discussing the company reads, “LiveWire’s diligent approach to the cannabis sector is based on extensive environmental and legal research to predetermine the feasibility of the locations it selects for operations. The company pursues a carefully selected approach of acquiring, licensing and managing self-contained and permitted real estate properties for the development and distribution of its products and leasing to third party operators. LiveWire avoids the complications and high start-up cost of the typical large “growing”…

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ThursdayOct 24, 2019 10:37 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Radicle Medical Marijuana Awarded Health Canada Oil License

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that its portfolio company, Radicle Medical Marijuana Inc., has received approval for oil sales from Health Canada. The additional license allows for the development and sale of new cannabis products, including oil and concentrates, which will open the door for Radicle's medical patients to access other product forms in the company's craft cannabis selection. “Consumer behaviors are evolving, and we believe many of today's cannabis consumers are open to trying alternatives to dried flower products,” Canopy Rivers President and CEO Narbé Alexandrian said in…

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