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FridaySep 13, 2019 1:38 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces Intent to Fully Comply with FDA Regulations Concerning Flavored E-Cigarettes

VPR Brands (OTCQB: VPRB), a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), today announced its intent to fully comply with any FDA guidelines regarding flavors for electronic cigarettes. Per the release, revenue derived from flavored e-cigarette nicotine products only accounts for less than 5% of VPRB’s total revenue, while the majority comes from the sale of hardware devices or other ancillary products. “We have been navigating through the regulatory process in this industry for the last 10 years and we have been complying with and welcome any common sense regulations which protect…

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FridaySep 13, 2019 9:30 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Inks Agreement to Acquire Outstanding Shares of Lyfted Farms Inc.

TransCanna Holdings (CSE: TCAN) (FRA: TH8) on Thursday announced that it has signed a binding agreement to acquire all the outstanding shares of Lyfted Farms Inc. for a purchase price of $6,300,000. The purchase price will be comprised of $5,550,000 in cash and the issuance of 1,000,000 TransCanna common shares. A deposit of $150,000 has already been advanced and the remainder of the cash portion, totaling $400,000, will be payable on closing in addition to the issuance of a non-interest-bearing promissory note by TransCanna in the amount of $5,000,000. This agreement updates the terms of the previous non-binding letter of…

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ThursdaySep 12, 2019 3:10 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Strengthens Offerings via Acquisition of Cannabis-Infused Edibles Line

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) recently acquired Natural Extractions Inc., which is doing business as Zoots Premium Cannabis Infused Edibles (http://cnw.fm/4dFHj). An article discussing the company reads, “Zoots is an edibles company whose product line includes drops, gummies, energy shots and hard candies manufactured to offer consistent and reliable dosing. The products are currently available at licensed recreational cannabis retailers in Illinois, Washington, Colorado and Massachusetts. . . . ‘Our top-rated Ionic vaporizer pen targets consumers interested in luxury cannabis products that can be discreetly consumed, which make Zoots edibles a natural fit for our brand strategy,’ IONIC…

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ThursdaySep 12, 2019 2:43 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOAD) Joint Venture Provides Low-Cost, Premium-Cannabis Delivery

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA, MCOAD) recently introduced its new joint venture, a premium-cannabis delivery service called VivaBuds, through a virtual launch party. “VivaBuds will offer our customers low-cost premium cannabis, fast delivery times and quality customer service,” MCOA CEO Don Steinberg stated in a news release prior to the launch party (http://cnw.fm/V8eXV). An article discussing the company reads, “The VivaBuds rollout remains in full swing, with the VivaBuds mobile application live on Google Play and available for download on all Android devices (http://cnw.fm/7nWJ2). Customers using the app can also learn more about customizing their…

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ThursdaySep 12, 2019 10:34 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Accelerate Shipments to Meet Demand for Premium Organic Cannabis Following Ontario Launch

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced that initial demand has exceeded expectations following its August launch in Ontario, which marked the company's entrance into Canada's recreational market. Per the update, TGOD's Unite Organic, a high-THC signature strain, is performing well online and at dispensaries and triggering a second OCS order earlier than initially anticipated. “We are thrilled to witness such strong sales and positive feedback from retailers and consumers across Ontario, Canada's most populous province at 14.32 million people.  We can see…

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ThursdaySep 12, 2019 9:51 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Enters Agreement for Debt Private Placement

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis branded products company in California, on Wednesday announced its entry into an agreement with a certain arm’s length party with respect to the settlement of USD$1,044,806.03 owing or to be owing to such creditor for services rendered. Plus Products has agreed, as payment in full of such amount, to issue to the creditor or its assignee 318,471 units of the company, each at a deemed price of CAD$4.32. Each unit consists of one subordinate voting share in the capital of the company and one warrant. Until five years from the date…

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ThursdaySep 12, 2019 9:44 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Investee Develops Groundbreaking Cannabis Oil Filling System

Technology and investment company SinglePoint (OTCQB: SING) and Jacksam Corp. (OTCQB: JKSM), which does business under the moniker Convectium, were recently featured in an article by CFN Media titled, ‘SinglePoint and Convectium: Investing in Cannabis Packaging Speed’. Per the article, Convectium has developed a first-of-its-kind cannabis oil filling system and proprietary packaging systems that can fill between 6,000-12,000 oil cartridges an hour, compared to the average of about 75 per hour when filled by hand. SING was a lead investor in Convectium and was able to secure a considerable interest before the company went public and significantly increased in value.…

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WednesdaySep 11, 2019 11:16 am

CannabisNewsBreaks – CannabisNewsWire Generating Buzz as Gold Sponsor and Official Newswire for Fifth Annual New West Summit

CannabisNewsWire (“CNW”), an information service specializing in cannabis related news, this morning announced that it will serve as a Gold Sponsor and the Official Newswire for the fifth annual New West Summit (“NWS5”). Known as THE cannabis tech conference, the event is slated to return to San Francisco from October 10-11, 2019. NWS5 will be held at the Bespoke Event Center, which is nestled in the city’s Financial District and offers stunning architecture, fabulous views and walking distance to iconic locations like Dragon Gate and the San Francisco Bay. “We are glad to support New West Summit and serve as…

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WednesdaySep 11, 2019 9:41 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Formation of Strategic Advisory Board

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the formation of its Strategic Advisory Board. According to the update, the group of respected business leaders, which includes inaugural board members John Ruffolo, Meg Lovell and Philip Donne, will provide guidance to Canopy Rivers’ executive team as it continues to build and strengthen its global portfolio of leading cannabis companies. “We have assembled a group of outstanding individuals with exceptional track records as leaders in their respective industries,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “The Strategic Advisory Board…

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WednesdaySep 11, 2019 9:33 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Appoints Initial Corporate Advisor

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced that on August 16, 2019 the company appointed Justin Costello as Grapefruit’s first non-director corporate advisor and the foundation member of its strategic advisory board. Justin Costello, CEO of GRN Funds, entered into a Corporate Advisory Services Agreement with Grapefruit which stipulates an initial term of one year that will renew automatically for six-month periods, subject to the mutual agreement of the parties. “Dan and I are very grateful to Justin for agreeing to accept our offer and become an official member of the Grapefruit…

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