CannabisNewsBreaks

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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FridayDec 06, 2019 1:07 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Additional Funding to Advance Company Initiatives

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, recently inked agreements for increased funding totaling up to $103 million. TGODF intends to utilize the capital to complete construction of various facilities and achieve national product distribution. An article discussing the company reads, “‘Our ability to raise capital, despite recent headwinds affecting the entire sector, is a clear show of confidence from our financial partners,’ TGOD CEO Brian Athaide stated in a news release. ‘It is reflective of the value of our significant assets, the trust investors are putting into TGOD’s strong corporate…

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FridayDec 06, 2019 12:50 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Names Senior Advisor to Outline Leadership Strategies

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator with technology that has demonstrated its ability to enhance the oral delivery of nicotine, recently appointed Gregg Smith, founder of a New York-based culture-tech, venture investment firm, as senior advisor to help define LXRP’s leadership strategies. An article discussing the company reads, “‘I am passionate about creating a smokeless future and recognize that the consumption methods of nicotine and cannabis will change,’ Smith stated in the news release (http://cnw.fm/KaCZ3). ‘Lexaria’s technology, DehydraTECH(TM), will completely disrupt and improve the consumption and delivery of oral nicotine, CBD and cannabis. Lexaria’s recognition of the…

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FridayDec 06, 2019 12:02 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Expand Board with Appointment of Global Marketing Executive

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the strengthening of its board of directors with its intention to appoint a new independent director, Jackie Poriadjian-Asch, on and effective December 10, 2019. According to the update, Poriadjian-Asch is a skilled corporate executive with leading consumer-facing brand expertise. “I am excited Jackie has committed to joining the Board. Jackie's experience provides early stage marketing and brand building expertise to call on as we enter this unique time in our industry,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Jackie has built iconic brands with ecobee, Canada…

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ThursdayDec 05, 2019 3:56 pm

CannabisNewsBreaks – CannabisNewsWire to Serve as Official NewsWire, Gold Sponsor for USA CBD Expo

CannabisNewsWire (“CNW”), an information service specializing in cannabis, today announced that it has expanded its parentship with USA CBD Expo and will be serving as the official newswire and a Gold Sponsor for the event. USA CBD Expo, the nation’s largest CBD event, is set to take place at the Las Vegas Convention Center (“LVCC”) February 13-15, 2020. The event is anticipated to bring together over 300 vendors and 500 brands and will feature presentations and panels from more than 40 industry experts. “We’re excited to expand our relationship with CannabisNewsWire and its team of experts to continue to build…

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ThursdayDec 05, 2019 3:15 pm

CannabisNewsBreaks – Next Installment of Benzinga Cannabis Capital Conference Series to Take Place in Miami

Benzinga today announced that the Benzinga Cannabis Capital Conference series is going to Miami in 2020 for its sixth installment. The premier gathering of cannabis entrepreneurs and investors is taking place February 24-25 at the Fontainebleau Miami Beach. “This conference is about bringing together the movers and shakers behind the industry. Hundreds of millions of dollars have been raised at previous bzcannabis.com events,” Benzinga CEO Jason Raznick stated in the news release. “At the Cannabis Capital Conference, each attendee has the opportunity to interact with all types of investors and partners who can help them build their businesses. It is…

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ThursdayDec 05, 2019 1:00 pm

CannabisNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Set to Benefit Upon Senate Passing SAFE Banking Act Legislation

LiveWire Ergogenics (OTC: LVVV) is diligently watching the progress of the SAFE Banking Act, which would permit banks and credit unions to offer financial services to legal cannabis businesses once passed by the Senate. A recent article discussing the company reads, “In December 2018 the U.S. Farm Bill was passed, which de-scheduled hemp as a Schedule 1 drug, although the use, sale and possession of cannabis with over 0.3 percent THC remains illegal under Federal law. Despite that reclassification, most financial institutions continue to avoid providing services to businesses operating in the cannabis space. . . . The Secure and…

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ThursdayDec 05, 2019 10:30 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Provides Update on Infrastructure that Serves Dedicated Functions from Seed to Sale

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today provided an operational update on its focused infrastructure that serves dedicated functions from seed to sale. Per the update, the company leased its manufacturing, processing and packaging facility located in Kitchener, Ontario (“Supreme Cannabis Kitchener”) in response to internal requirements and foreseeable market demand. Supreme Cannabis Kitchener will function as a central manufacturing, processing and packaging facility for Supreme Cannabis brands and, once complete, a location where the company intends to package, distribute and brand third-party cannabis inputs from quality-focused cultivators. “With Supreme Cannabis Kitchener, we add the infrastructure to…

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WednesdayDec 04, 2019 11:22 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Establishment of At-The-Market Equity Program

Organigram Holdings (NASDAQ: OGI) (TSX: OGI) today announced that it has established an at-the-market equity program (“ATM Program”) that allows the corporation, at its discretion, to issue up to C$55,000,000 (or its U.S. dollar equivalent) of common shares from treasury to the public from time to time. Any common shares sold in the ATM Program will be sold through the Toronto Stock Exchange, the NASDAQ Global Select Market or any other marketplace on which the common shares are listed, quoted or otherwise traded, at the prevailing market price at the time of sale. The corporation, at its sole discretion, will…

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WednesdayDec 04, 2019 10:20 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Projects Escalating Sales Through Year End, Expects 2020 Revenues to Exceed $5M

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today provided shareholders with production and financial performance expectations for year-end through its 2020 fiscal year based on a quantitative analysis of resources, capacity and harvest timelines for NUGS FARM, the company’s flagship cannabis cultivation farm. Cannabis Strategic Ventures recently reported more than 1,300% growth on a quarterly year-over-year basis to reach fiscal Q2 sales above $700K (for quarter-ended Sept. 30, 2019). Based on expanded resources and capacity, the company now projects sales in excess of $1 million through year-end 2019, as well as 2020 revenues to…

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