CannabisNewsBreaks

WednesdayDec 18, 2019 11:23 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Distribution to New Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced expansion of Canadian distribution to all ten provinces, with select brands to be available in Québec and Newfoundland and Labrador. According to the update, Supreme Cannabis entered into a letter of intent with Société Québécoise du Cannabis ("SQDC") to supply 7ACRES products to retail stores across Québec. The company, on November 21, 2019, also entered into a formal agreement to supply the Newfoundland and Labrador Liquor Corporation ("NLC") with 7ACRES high-end cultivars. “With increased packaging capacity we are pleased to have the recreational supply necessary to serve new consumers…

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WednesdayDec 18, 2019 10:26 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Prices $5.58M Series D Cumulative Redeemable Perpetual Preferred Stock Offering

Youngevity International (NASDAQ: YGYI, YGYIP), a leading multi-channel lifestyle company, today announced the pricing of its underwritten public offering of 245,398 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock at a price to the public of $22.75 per share. Youngevity expects approximately $5.58 million in gross proceeds from the offering, from which it intends to use the net proceeds for working capital and other general corporate purposes. The closing of the offering, subject to the satisfaction of customary conditions, is expected to occur on or about December 20, 2019. The shares of Series D Preferred Stock trade…

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TuesdayDec 17, 2019 11:35 am

CannabisNewsBreaks – How Marketing and PR Strategies Help CBD Brands Stand Out Amidst Tight Competition

USA CBD Expo recently published an article on the rapid growth of the cannabidiol (“CBD”) industry, as well as tips on capturing a share of the market amidst uncertainty and tight competition. The article discussed the need for both startups and established brands to deploy a mix of marketing and public relations strategies to truly stand out from competitors. Discussing the advantages of engaging PR firms and newswire services, the article reads, “Public relations strategies remain one of the most effective ways available for cannabis brands to gain recognition and reach new audiences. Consistent placements in the media can greatly…

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TuesdayDec 17, 2019 10:41 am

CannabisNewsBreaks – MCTC Holdings, Inc. (MCTC) Featured in Exclusive Audio Interview to Discuss Strategy, Plans for Exotic Cannabinoids

MCTC Holdings (OTC: MCTC), doing business as Cannabis Global Inc., today announced the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. During the interview, Cannabis Global Chairman and CEO Arman Tabatabaei discussed the Company’s strategy to take advantage of opportunities in the cannabis industry while avoiding overcrowded market niches. “The area we are targeting is the middle part of the market, specifically the post-processing of the refined hemp and cannabis products,” Tabatabaei said in the interview. “Our aim is to take refined…

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MondayDec 16, 2019 9:55 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Announces FINRA Filing to Change Corporate Name and Stock Ticker Symbol

Grapefruit Boulevard Investments, a Los Angeles based California corporation and wholly owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), (collectively “Grapefruit”), this morning announced that, as of today, December 16, 2019, it has filed with the Financial Industry Regulatory Authority (“FINRA”) to change the company’s corporate name to Grapefruit USA, Inc., and stock ticker symbol to “GUSA,” “GPRE,” “GPFT” or such other symbol as FINRA and Grapefruit may agree. “Now that Grapefruit’s audit is complete and IGNG’s Super 8K has been filed, we are pleased to take this final step to formalize our transition from a development stage medical device company…

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FridayDec 13, 2019 3:31 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Focuses on Pioneering New Technologies

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is a global innovator in drug-delivery platforms focused on its patented DehydraTECH-based, drug-delivery technology and formulation development. A recent article discussing the company reads, “Earlier this year, Lexaria moved into its new head office that includes a Health Canada-licensed research and development laboratory that is being used to conduct world-leading research into drug-delivery methods and improvements. In addition to accelerating research in the company’s DehydraTECH drug-delivery platform, Lexaria is also considering issuing a limited commercial release of DehydraTECH version 2.0, which has been shown to deliver 811% more CBD into animal blood than generic…

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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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