CannabisNewsBreaks

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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WednesdayDec 11, 2019 2:13 pm

CannabisNewsBreaks – AVAIL Vapor, LLC Enters Groundbreaking U.S. FDA PMTA Contracts

AVAIL Vapor, LLC, a leading premium e-liquid manufacturing, regulatory and scientific services and retail business, today announced its entry into nine major brand FDA regulatory contracts. As a result, AVAIL will lead the submission of an array of products for the FDA’s premarket tobacco product application (“PMTA”) process, submitting the first of those applications in early in 2020 and completing the portfolio before the May 2020 deadline. “We are thrilled these major brands are placing their trust in us as we move forward together to provide leadership in raising the standards of our industry to help build trust in our…

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WednesdayDec 11, 2019 1:53 pm

CannabisNewsBreaks – Kanvas(TM) to Debut Newest Product Innovations at 2019 MJBizCon Las Vegas

Kanvas(TM), creator of innovative solutions designed to elevate the user experience for legal cannabis and cannabidiol (“CBD”) consumers, today announced the launch of two vape innovations in its product line. The new products include the industry’s first child-resistant 510 battery and the Kove(TM), a CBD-focused single-use disposable vaporizer made of bio plastics. Kanvas will showcase the child-resistant battery and eco-friendly disposable vaporizer at the 2019 MJBizCon in Las Vegas, Nevada, from December 11-13. “As the largest gathering of cannabis professionals and emerging technologies, MJBizCon is the perfect platform to debut our newest product innovations,” Kanvas CEO Andy Fathollahi said in…

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WednesdayDec 11, 2019 1:50 pm

CannabisNewsBreaks – Agrify Enters MOU to Acquire TriGrow

Agrify, a developer of premium indoor grow solutions, today announced its entry into a memorandum of understanding (“MOU”) to acquire all outstanding shares of TriGrow Systems Inc. and, indirectly, 75% of its subsidiary TriGrow Brands, LLC. TriGrow, backed by leading cannabis industry specialist venture funds including Poseidon Asset Management and Arcadian Funds, is currently the exclusive distributor of Agrify’s fully automated, micro-climate, precision-controlled vertical farming unit (“VFU”) solution to indoor cannabis cultivators. “Agrify is committed to being the No. 1 developer of premium indoor grow solutions in the cannabis and hemp marketplace,” Agrify CEO Raymond Chang said in the news…

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WednesdayDec 11, 2019 12:21 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Transitions to HERBL Distribution Solutions as Primary California Distribution Partner

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis branded products company in the U.S., today announced the transition of its primary California distribution partner from Calyx Brands Inc. to HERBL Distribution Solutions for the company’s best-selling cannabis products. “After an extensive review of the major California cannabis distributors, we determined that HERBL was best positioned to scale with PLUS and reliably deliver product to retailers at the lowest cost,” Jake Heimark, Co-founder & CEO of PLUS, said in the news release. “One of our goals at PLUS is to put our products on every shelf at an affordable price, and…

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TuesdayDec 10, 2019 12:05 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Secures Distributor Agreement with JTI USA, Initiating PrimeTime Little Cigars Sales at MJBIZCON

SinglePoint (OTCQB: SING) today announced it has signed on as a distributor for JTI USA, part of the JT Group of companies, a multibillion-dollar organization with presence in 130 countries. SinglePoint will begin sales and take orders for JTI’s “PrimeTime Little Cigars” during its attendance at the 2019 MJBIZCON being held at the Las Vegas Convention Center, December 11-13, at booth number C9132. “I’m excited and honored to be working with JTI to distribute PrimeTime Little Cigars... The opportunity to work with a global leader in this category is exciting and we are ready to expand Primetime’s U.S. market share…

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TuesdayDec 10, 2019 10:48 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Serve as Premier Sponsor, Present at the 12th Annual LD Micro Main Event; Subsidiary to Serve as Lead Sponsor of MJ Biz Con

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, this morning announced that it will be presenting at the 12th annual LD Micro Main Event on Wednesday, December 11 at 11:20 AM PST. YGYI president and CFO Dave Briskie will be presenting in front of a variety of institutional investors, family offices, and high net worth investors. In addition, Youngevity will serve as a premier sponsor of the event featuring Be the Change(TM) coffee and Josies Java House Coffee, two of the company owned brands. “LD Micro continues to be an integral part of our awareness campaign and we are…

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TuesdayDec 10, 2019 10:38 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Reports 2019 Shareholder Meeting Results, Names Independent Director

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning reported the detailed voting results from its 2019 Annual and Special Meeting of Shareholders that took place on December 9, 2019 in Toronto, Ontario. Michael La Brier, Navdeep Dhaliwal, Ronald Factor, Colin Moore and Kenneth R. McKinnon were elected to the board of directors of the company to serve until the next annual meeting of shareholders, or until their successors are elected or appointed. Other results include the appointment of KPMG LLP as auditors of the company until the next annual meeting and the approval of SPRWF’s Omnibus Long-Term…

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MondayDec 09, 2019 2:32 pm

CannabisNewsBreaks – Agrify Enters Joint Venture with Valiant-America to Provide Comprehensive Turnkey Solution for Cannabis and Indoor Crop Industries

Agrify, a developer of premium indoor grow solutions, today announced its entry into a joint venture with Valiant-America, a leading cannabis consultant and innovative general contracting firm. According to the update, the “Agrify-Valiant LLC” 60/40 joint venture includes an option to acquire the remaining 40% ownership of Valiant within the next two to five years. The joint venture is structured to provide a complete turnkey solution, from design, engineering and construction to integrated, controlled grow solutions, world-class total farm management software and equipment financing. “There’s always been a disconnect between equipment and construction in the cannabis and indoor crop industries,…

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MondayDec 09, 2019 12:44 pm

CannabisNewsBreaks – Jersey Shore’s Ronnie Ortiz-Magro to Showcase Verge Products at Nation’s Largest CBD Event – USA CBD Expo

Jersey Shore’s Ronnie Ortiz-Magro will exhibit his Verge brand of CBD products and serve as a platinum sponsor for the USA CBD Expo, the nation’s largest hemp and CBD event. According to the update, the highly-anticipated event is slated to take place in Las Vegas from February 13-15, 2020. Verge produces hemp-derived CBD products, including tinctures, capsules and topicals, that are designed to provide an effective, natural alternative to common medical issues. Among its most popular products is Verge’s signature Red Carpet Bronzer, a CBD-infused lotion that uniquely combines the positive benefits of cannabinoids with tanning effects. “We’re extremely excited…

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