CannabisNewsBreaks Archive - Page 2 of 303

WednesdayJan 06, 2021 2:26 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces DTC Eligibility

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that it has obtained eligibility with the Depository Trust Company “DTC” for its common shares listed on the OTCQB. The DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. According to the update, Pac Roots common shares, listed on the OTCQB under the symbol PACRF, are now eligible for electronic clearing and settlement through DTC’s automated processes. The electronic method of clearing securities speeds up the receipt of stock and cash…

WednesdayJan 06, 2021 1:23 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Letter on Expansion, Progress on Farm-to-Door Verticalization

Sugarmade (OTCQB: SGMD) today issued a letter to its shareholders as it continues to steer the company into what it hopes will be a leadership role in the rapidly growing cannabis marketplace as a vertically integrated farm-to-door solution for cannabis consumers. According to the update, 2020 was a landmark year for Sugarmade as it established, through its investment in Budcars, a distinct and increasingly vertical model for delivering top cannabis-based products to a growing marketplace. Sugarmade believes this marketplace remains under supplied and inconsistently accessible for consumers looking for reliable quality and greater convenience, and the company continues to expand…

MondayJan 04, 2021 2:58 pm

CannabisNewsBreaks – MAZAKALI Highlights 2021’s Positioning as a Pivotal Year for the Cannabis Sector

MAZAKALI, the online platform for cannabis investments, recently discussed potential of the current cannabis industry in a GreenPaper(R) titled, “Cannabis 2021: Five Things To Watch.” The article reads, “For many, the 2020 lockdown experience was punctuated by Tiger King and The Queen’s Gambit, and also best viewed in hindsight. 2021 has arrived and is poised to be a pivotal year for the cannabis complex. The tailwinds of political support, ‘essential’ status, legalization in 70% of U.S. states, local government desire for tax revenue and increased public health focus are expected to drive a five-year 27% industry CAGR – making this…

ThursdayDec 31, 2020 2:39 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Is Set for Market Expansion Through Key Partnerships

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, is set to expand into hospitality and foodservice sectors. As part of this effort, the company has entered into agreements with two strategic partners: Dot Foods Inc., the largest food redistribution company in the U.S., and the Independent Broker Alliance (“IBA”), a renowned professional alliance of 30 independent foodservice sales agencies. With these two agreements in place, WTER targets the entire hospitality and foodservice ecosystem, a very large addressable market. “Adding the largest foodservice redistributor, Dot Foods, to our…

WednesdayDec 30, 2020 2:45 pm

CannabisNewsBreaks – Why Green Hygienics Holdings Inc. (GRYN) Is ‘One to Watch’

Green Hygienics Holdings (OTCQB: GRYN) ("GHH") is focused on quality cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. Based in California, the company aims to be a leader in the hemp and cannabinoid supply marketplace and leverage disruptive technologies to open a whole new world of novel cannabinoids and targeted bio-delivery. GHH is dedicated to creating the hemp industry’s safest and finest quality offerings, uniquely positioning the company to deliver product efficacy and supply chain solutions to consumers, as well as to leverage these within its own brand portfolio. A recent article discussing the company reads,…

WednesdayDec 30, 2020 10:37 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (XFRA: A2QJAJ) Commences Study to Further Knowledge in Psilocybin, Associated Delivery Mechanisms

Pure Extracts Technologies (CSE: PULL) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp and the rapidly emerging functional mushrooms sector, today announced that it is commencing a study on the formulation and manufacturing of psilocybin-based active treatments for oral tablets, capsules and a nasal gel that will be used as an investigational product. According to the update, the study with be conducted at the Toronto Institute of Pharmaceutical Technology (“TIPT”) by Dr. Alexander MacGregor, a key scientific advisor to Pure Extracts. The study will focus on formulating, manufacturing and clinical bioavailability testing of rapid onset psilocybin dosage forms…

TuesdayDec 29, 2020 1:27 pm

CannabisNewsBreaks – Gage Cannabis Co. Positioning to Capitalize in Top Market

Gage Cannabis is a leading vertically integrated operator in the cannabis industry focused exclusively on the Michigan market. The company is strengthening its presence to capitalize amid exploding growth, in which Michigan’s new recreational marijuana market is projected to reach — and exceed — $1 billion, second only to California (https://cnw.fm/6TnPU). A recent article discussing this reads, “The state’s burgeoning growth was one of the reasons Gage decided to set up shop in Michigan. Gage opened its first medical provisioning center (dispensary) in 2019, and the company now has 13 medical or adult-use locations in operation or planned. Additional locations are…

WednesdayDec 23, 2020 2:12 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Looks to Play ‘Pivotal Role’ in Supply Chain

Pure Extracts (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and functional mushroom sectors, recently began trading on the Canadian Securities Exchange (“CSE”) under the symbol “PULL.” Pure Extracts leverages proprietary CO2 extraction methodology to obtain full-spectrum oil (“FSO”) from cannabis and hemp biomass. “We are pleased to have listed on the Canadian Securities Exchange as a significant first step towards Pure Extracts’ continual expansion within the emerging extraction space,” said Pure Extracts’ CEO Ben Nikolaevsky in a recent update. “There currently is a tremendous opportunity for growth in consumer natural health products, for which we plan on…

TuesdayDec 22, 2020 3:00 pm

CannabisNewsBreaks – Why RYAH Group Inc. Is ‘One to Watch’

RYAH Group is a leading digital health care analytics and technology company with a mission to advance the world’s transition to remote-health solutions and data analytics in patient treatments. Through its IoT dose-measuring devices and AI analytics, RYAH is focused on expanding understanding of the value of devices combined with data to positively impact the future treatment of patients for various medical conditions. A recent article discussing the company reads, “Since it began developing and commercializing its smart inhaler solution in 2018, the company has evolved a complete IoT device and data analytics platform that includes multiple delivery mechanisms, designed…

MondayDec 21, 2020 1:16 pm

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Corporate Updates, New Strategic Focus

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Friday provided an update on its 49%-owned joint venture, PharmHouse Inc. Per the update, on Oct. 29, 2020, PharmHouse received a court order from the Ontario Superior Court of Justice to initiate a sale and investment solicitation process ("SISP") to identify interest in, and opportunities for, a sale of, or investment in, all or part of PharmHouse's assets or business. This may include a restructuring, recapitalization, or other form of reorganization of PharmHouse's business and affairs. Phase one of the SISP concluded on Nov. 30, 2020,…

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