CannabisNewsBreaks

TuesdayOct 22, 2019 12:52 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) to Acquire Office, Warehouse Property Near San Diego

Innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced that it has opened escrow for the acquisition of its head office and warehouse building in the prominent Poway Business Park located near San Diego, California. “This is a marquis property in a strategic location approximately 45 minutes away from the 824-acre Potrero Ranch Property and just outside of San Diego. The acquisition of this property will immediately deliver positive cash flow from the existing tenancies and provide the company with the use of our head office location at no cost. Our near-term objective…

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TuesdayOct 22, 2019 11:35 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Finalizes Terms of Landmark Deal to Acquire Top Hydroponics eCommerce Supplier BZRTH Inc.

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced the finalization of terms for a definitive agreement between Sugarmade and BZRTH Inc.  Under the agreement, Sugarmade will acquire BZRTH Inc. (“BZRTH”), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The parties expect finalization and closing of the acquisition by October 31, 2019. “After months of negotiations, we now have robust terms set into place that represent enormous value for Sugarmade shareholders,” Sugarmade CEO Jimmy Chan said in the news release. “This acquisition, in itself, will dramatically augment the Company’s top and…

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TuesdayOct 22, 2019 9:27 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q2 Financial Results, Host Conference Call on November 14

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Monday announced that it will report its second quarter fiscal year 2020 financial results before markets open on Thursday, November 14, 2019. Some preliminary financial information relevant to CNPOF may also be found in the financial results released by Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), which are scheduled to be released on the same day. CNPOF’s unaudited financial statements and management's discussion and analysis of financial results for the six months ended September 30, 2019 will be available on the company’s SEDAR profile and on…

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MondayOct 21, 2019 10:14 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Bolsters Research Expertise with Appointment of Chief Scientific Officer Dr. Ari Mackler

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced the addition of Dr. Ari Mackler as its chief scientific officer. Per the update, Dr. Mackler brings 20 years of medical affairs, communications, and research experience in pharmaceutical, healthcare, and consumer goods industries. The position at PLUS will allow Dr. Mackler to pursue research relationships and clinical trials with private partners and academic institutions in an effort to expand consumer understanding of cannabis and the benefits it may provide. “Dr. Mackler has a long history of helping consumer product companies share…

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FridayOct 18, 2019 2:33 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) DehydraTECH Platform Offers Alternative to Traditional Inhalation

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) innovative DehydraTECH(TM) platform works to deliver chemical compounds to the bloodstream at speeds similar to inhalation methods, offering an alternative to smoking. An article discussing the company further reads, “Lexaria’s noncombustion-based, noninhalation-based delivery method requires no chemicals or additives. . . . ‘We use a patented dehydration synthesis process to combine the nicotine with simple ingredients like sunflower oil in a unique way,’ CEO Chris Bunka told Forbes (http://cnw.fm/HpQm1). ‘It allows for the removal of the bitter taste often associated with nicotine without the need for artificial flavors that are often appealing to children.…

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FridayOct 18, 2019 1:30 pm

CannabisNewsBreaks – Isracann Biosciences Inc. (CSE: IPOT) Begins Trading on the CSE

A technical420 editorial published on Thursday and written by Anthony Varrell highlights Isracann Biosciences’ (CSE: IPOT) new listing on the Canadian Securities Exchange (“CSE”). Isracann is an Israeli-based cannabis company focused on becoming a premier, low-cost cannabis producer. Per the article, the listing signifies a global opportunity and demonstrates that the company is one to watch for various reasons, including its status as Israel’s first pure play cannabis firm to list in Canada and its plans to execute on a 230,000 sq. ft. hybrid greenhouse that is fully funded. To view the full article, visit http://cnw.fm/XBgj8 About Isracann Biosciences Inc.…

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FridayOct 18, 2019 12:25 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Details New Strategic Plan to Cut Financing Requirements while Preserving Path to Profitability

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced its new strategic plan to reduce its financing requirements while maintaining its path to profitability. Per the update, the company intends to improve agility by reducing capital requirements, establishing a simple way to scale up production as more retail locations open and legal sales increase, and adapting to slower legal market conversion by deferring excess capacity and expenses. TGODF also maintains its objective to become EBITDA and operating cash flow positive by Q2 2020. “These actions are logical next steps in…

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FridayOct 18, 2019 10:58 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Dividend Payment Timing for October 2019 Series “D” Cumulative Redeemable Perpetual Preferred Stock

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, today announced the timing for the payment of its declared regular monthly dividend of $0.203125 per share of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock (NASDAQ: YGYIP) for October 2019. According to the update, the dividend will be paid in cash and will be payable on November 15, 2019, to holders of record as of October 31, 2019. To view the full press release, visit http://cnw.fm/7cKAl About Youngevity International Inc. Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business…

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FridayOct 18, 2019 9:32 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Chief Advocacy Officer Launches New Cannabis-Focused Podcast

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced that its chief advocacy officer, John Fowler, has launched Session Garden, a cannabis-focused podcast. Episodes will be released on a bi-weekly basis and are available on Spotify, YouTube and the Session Garden blog. “Session Garden began as a way to show our appreciation to the dedicated cannabis enthusiasts who share our respect for the plant. We noticed a lack of hard-hitting and insightful content focused on all aspects of the cannabis community. With Session Garden, I want to fill that void,” Supreme Cannabis chief advocacy officer John Fowler…

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ThursdayOct 17, 2019 2:58 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Capitalizing on Adult-Use Cannabis Industry by Anticipating Market Movement

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a West Coast cannabis holding company, is focused on exploiting the adult-use cannabis industry by finding where the market is and anticipating where it’s going, especially in regards to technology. An article discussing the company reads, “IONIC Brands is developing a premium and luxury consumer portfolio led by a multistate, consumer-focused cannabis concentrate brand. Its base is on the West Coast, where the adult-recreational-use market for cannabis is booming with the largest volume of business in the world. . . . The company’s product line includes six cannabis formulations presented in three…

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