CannabisNewsBreaks

FridayDec 13, 2019 2:47 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Boosts Output Capacity through Kase Farma Inc. Acquisition

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently increased its capability and institutional knowledge through the acquisition of California-based Kase Farma Inc. An article discussing the company reads, “Kase Farma is active in the cultivation of hemp as well as the formulation and extraction of cannabinoids from hemp; the company is also licensed in the State of California to perform activities in those areas. At present, the company operates out of a 22,000-square-foot manufacturing facility and is currently implementing a scaled-up, high-throughput extraction facility that will utilize identity-preserved-grown (IPGrowTM), hemp-based cannabinoid biomass. IPGrowTM, according to the U.S. Department…

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FridayDec 13, 2019 2:41 pm

CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) Holds Potential to Supply Biosynthetically Derived Cannabinoids

Willow Biosciences (CSE: WLLW) (OTCQB: CANSF), an emerging biotechnology company focused on the biosynthetic production of cannabinoids, is well positioned to disrupt the cannabis industry supply chain by utilizing its ability to provide biosynthetically derived cannabinoids. A recent article discussing the company reads, “Willow ultimately intends to biosynthetically produce a variety of cannabinoids using biosynthesis, but its first target molecule will be CBD. The company has a fully integrated leadership team based out of Canada and the United States to handle all stages of the upstream cannabinoid development cycle. Additionally, by having two labs in Canada, where cannabis is federally…

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FridayDec 13, 2019 1:13 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Establishing Central Operating Location at Flagship Facility in Paso Robles

LiveWire Ergogenics (OTC: LVVV) is continuing to advance research, cultivation and commercialization in the cannabis space at its flagship facility in Paso Robles, which is poised to become LiveWire’s central location for the company’s many operations. An article discussing the company reads, “Recently, LiveWire’s CEO Bill Hodson outlined the company’s creative business model in an exclusive interview with NetworkNewsAudio (‘NNA’). . . . Joined by NNW’s Stuart Smith, Bill Hodson, CEO of LiveWire, explained the reasoning behind LiveWire’s recent acquisition of the scenic 265-acre Estrella Ranch in Paso Robles, California (http://cnw.fm/NA5kG). In the interview Mr. Hodson compared the business model for…

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FridayDec 13, 2019 10:07 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Receives Health Canada Approval for Licensing of 16 Additional Cultivation Rooms Under Cannabis Regulations

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “company” or “Organigram”), a leading licensed producer of cannabis, today announced the company’s receipt of Health Canada’s approval for the licensing of 16 additional cultivation rooms under the Cannabis Regulations. According to the update, the expanded license was effective as of December 12, 2019, and the new cultivation rooms represent approximately 13,000 kg/yr1 of increased target cultivation capacity. “This is a dynamic time for Organigram and the industry as a whole. Cannabis 2.0 – the legalization of adult use recreational cannabis edibles, vape products, extracts and topicals…

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ThursdayDec 12, 2019 1:31 pm

CannabisNewsBreaks – Tilray, Inc. (NASDAQ: TLRY) Receives Second GMP Certification for Cantanhede, Portugal Facility Allowing International Export of Finished Medical Cannabis Products

Tilray (NASDAQ: TLRY), a global pioneer in cannabis research, cultivation, production and distribution, on Wednesday announced its wholly-owned subsidiary Tilray Portugal, Unipessoal Lda. (“Tilray Portugal”) has received its Good Manufacturing Practice (“GMP”) certification in accordance with European Union standards, for its manufacturing facility in Cantanhede, Portugal. According to the update, Infarmed, the Portuguese National Authority of Medicines and Health Products, issued the GMP certification. This is Tilray Portugal’s second GMP certification, which allows the facility to manufacture and export GMP-certified finished medical cannabis products, including dried flower and oils, from Portugal to international markets with legal medical cannabis regulations. “We…

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ThursdayDec 12, 2019 1:27 pm

CannabisNewsBreaks – 1933 Industries Inc. (CSE: TGIF) (OTCQX: TGIFF) Enters Strategic Partnership with Premium Cannabis-Infused Food Brand Pantry for Production of Edibles in Nevada

1933 Industries (CSE: TGIF) (OTCQX: TGIFF), a vertically integrated cannabis consumer packaged goods company, recently announced the execution of a two-year licensing agreement between its subsidiary, Alternative Medicine Association LC ("AMA") and Los Angeles-based The Pantry Company Inc. ("Pantry"). Per the update, the agreement is for the production of edible products in Nevada and adds a new vertical to the company's portfolio of leading cannabis brands. "We are excited to expand our product offering in Nevada with a gourmet line that will set the standard for excellence in edibles,” 1933 Industries CEO Chris Rebentisch said in the news release. “The…

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ThursdayDec 12, 2019 11:23 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Launch of Sugarleaf by 7AC

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the launch of Sugarleaf by 7AC ("Sugarleaf"). According to the update, Sugarleaf is Supreme Cannabis' newest introduction of high-quality cannabis experiences to the Canadian marketplace and widens the company's product offerings, targeting consumers who demand a more refined, milder consumption experience. “We are very excited to introduce consumers to Sugarleaf by 7AC. Following on the success of our Blissco brand pre-rolls and our research into consumer preferences, we determined a premium, ready-to-smoke joint would be the perfect product to launch the Sugarleaf line,” Supreme Cannabis CEO Navdeep Dhaliwal said…

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ThursdayDec 12, 2019 10:16 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Grant of Stock Options

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, this morning announced that it has granted, effective today, an aggregate of 3,364,500 stock options (each, an "Option") to certain directors, officers, employees and consultants of the company in accordance with the company's stock option plan. Per the update, for a period of five years from the date of grant, each Option is exercisable into one common share in the capital of the company (each, a "Share"), each at a price of $0.215, being the closing price of the Shares on the TSX…

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ThursdayDec 12, 2019 9:31 am

CannabisNewsBreaks – MCTC Holdings, Inc. (MCTC) and Cannabis Nanosciences File New Hemp Extract and Cannabinoid Delivery Patent

MCTC Holdings (OTC: MCTC), a science forward company developing unique hemp and cannabinoid infusion technologies, today announced the filing of a patent on a new hemp extract and cannabinoid delivery system for food and beverages. According to the update, the technology enables utilization of very small amounts of extracts in formulations in order to produce similar or superior results compared to other infusions. As MCTC recently announced, independent testing laboratories confirm that Hemp You Can Feel(TM) is undetectable in industry standard testing protocols when used as directed. “We have produced some spectacular results and test data on this new technology…

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ThursdayDec 12, 2019 9:21 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Secures Weekly Purchase Agreement Contract; CEO Discusses Various Revenue Streams

Grapefruit Boulevard Investments, a Los Angeles based California corporation and wholly owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), (collectively “Grapefruit”), this morning announced that the company entered into a weekly purchase agreement on Friday, December 6, 2019. Per the agreement, IGNG will supply “fresh-frozen” cannabis flowers to a sizeable, Oakland, California-based cannabis extractor and manufacturer. Grapefruit CEO Bradley J. Yourist also commented on the company’s recent completion of its audit and “Super” 8K. “The sale of ‘fresh frozen’ cannabis flowers to multiple manufacturers is just one of the many revenue streams that Grapefruit is developing, including, but not limited to,…

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