CannabisNewsBreaks Archive - Page 2 of 190

ThursdayMay 16, 2019 2:57 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Realizes 28% YOY Revenue Increase

VPR Brands LP (OTC: VPRB), an innovative technology holding company, recently reported its 2018 full-year financial results, which included impressive year-over-year (“YOY”) revenue growth (http://cnw.fm/im4AD). An article discussing the company reads, “The company’s revenues for the 12 months ended December 31 topped $4.6 million, rising nearly 28 percent on the strength of new product sales during the year. As VPR Brands increased its full-year revenues, it reversed its operating loss into positive territory, crossing the $9,000 threshold. Gross operating margins for the year increased by almost 20% to a margin of 41 percent. . . . As product sales increased, the…

ThursdayMay 16, 2019 2:49 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Ideally Positioned to Exploit Rising Cannabinoid Product Demand

Earth Science Tech (OTCQB: ETST) aims to exploit the surging demand for cannabinoid products by offering first-class cannabinoids. An article discussing the company reads, “The company’s cannabinoids are of the highest purity and quality on the market. ETST’s CBD oil is 100% natural and organic, and it’s offered in various forms of personal care goods, homeopathies, vitamins, minerals, herbs, botanicals, functional foods and more. Products are available to customers in both retail stores and via the internet for ease of purchase across all 50 states. Earth Science Tech continues to expand its product line and is in the process of…

ThursdayMay 16, 2019 1:57 pm

CannabisNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary Exhibits Hemp-Infused Skin Care Line at Vietnam Expo

CBD Biotechnology Co. Ltd., a wholly owned foreign enterprise of ChineseInvestors.com (OTCQB: CIIX), recently exhibited its self-branded, hemp-infused skin care line at the 29th Vietnam Expo in Hanoi. An article discussing the event reads, “Participating in the event enabled CBD Biotech to explore industrial hemp sales throughout Asia, raise its profile among potential partners and become an influencer in the market. CBD Biotech has been a pioneer in the Chinese market for hemp-infused skin care products and an originator of hemp plant extraction. The company also exhibited its hemp wine at the expo. . . . ‘The Vietnam Expo continues to…

ThursdayMay 16, 2019 12:53 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Named in Top 8 CBD Products to Try Even for Skeptics

Vancouver-based Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a company developing and designing brands with an emphasis on plant-based health and wellness products, was recently featured in an article authored by Anna Duckworth on Well and Good titled ‘8 CBD Products You Need to Try — Even if You’re A Skeptic’. According to the article, Wildflower’s CBD+ one vaporizer is discreet and delivers a refreshing and smooth experience. Designed with consumers in mind to provide ideal dosage throughout the day, the vaporizers are available in lavender, peppermint, and full-spectrum CBD. To view the full article, visit http://cnw.fm/Ui1Q3 About Wildflower Brands Wildflower…

ThursdayMay 16, 2019 11:30 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Agreement to Acquire Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a definitive arrangement agreement with Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B). Under the agreement, Supreme Cannabis will acquire all of the issued and outstanding common shares of Blissco, not already owned by Supreme Cannabis, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The arrangement is an all-stock transaction with a total value of approximately C$48 million. “Blissco has built a distinct and authentic premium wellness brand. Through our strategic partnership and prior investment in the…

ThursdayMay 16, 2019 10:16 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire SolDaze Cannabis Snack Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a non-binding Letter of Intent (“LOI”), dated May 15, 2019, with Tres Ojos Naturals, LLC d/b/a SolDaze, a limited liability company from Santa Cruz, California that produces cannabis-infused fruit snacks. Under the agreement, TransCanna will acquire the branding asset package, SolDaze. “Having reviewed over 100 branded products in California, we’ve been extremely selective in our acquisition vetting process,” TransCanna CEO Jim Pakulis said in the news release. “Our three mandatory acquisition criteria include SKU velocity, upward trending revenues, and products that differentiate themselves in the marketplace. The snack…

WednesdayMay 15, 2019 11:37 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Makes Strategic and First AgTech Investment in BioLumic

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced a strategic investment in BioLumic Ltd., creators of a sustainable ultraviolet (“UV”) crop yield enhancement system. Canopy Rivers' investment of $1.5 million marked its first investment in agri-technologies, specifically focused on the promising fields of plant physiology and UV photobiology. “Canopy Rivers' mission is to build and support a thriving global cannabis economy, and we are dedicated to identifying and investing in strategic technology players throughout the legal cannabis value chain,” Canopy Rivers Director, Business Development Mary Dimou said in the news release. “Led by an exceptional management team, BioLumic's groundbreaking, proprietary…

WednesdayMay 15, 2019 11:25 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Outperforms Conventional Industry Formulations in Animal Testing

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that animal testing has proven that its DehydraTECH(TM) technology delivers cannabinoids to the bloodstream much more quickly and effectively than conventional industry formulations. According to the update, 10 male Sprague-Dawley rats were administered CBD at 25mg per kg of bodyweight in each arm of the Lexaria animal studies. Delivery of CBD into the bloodstream was monitored over a 60-minute duration and, at two minutes, 15 minutes, and 60 minutes, DehydraTECH's LCFA formulation delivered elevated levels of CBD in blood (showing measurable and 475% and…

WednesdayMay 15, 2019 10:23 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q1 Fiscal 2019 Financial and Operational Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday released its financial and operational results for the three months ended March 31, 2019. Among the highlights, the company is on-track with construction at Hamilton and Valleyfield sites, with Q1 investment totaling $46.9 million, an increase of $7.4 million compared to Q4 2018. In addition, TGOD achieved revenues of $2.4 million, primarily from HemPoland, reflecting a 28 percent increase over the prior quarter. “Q1 results are continued proof that we are delivering on our business plan with executional excellence,” TGOD CEO Brian Athaide commented…

WednesdayMay 15, 2019 10:15 am

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Uplists to the OTCQB Venture Market

Cannabis Strategic Ventures (OTCQB: NUGS) this morning announced that it has been approved for trading on the OTCQB Venture Market, effective May 10, 2019. The company believes the OTCQB’s more stringent reporting standards will result in increased investor transparency and will help the company continue to build shareholder value. “The benefits of uplisting combined with our new initiatives demonstrate to our existing investors and the marketplace that Cannabis Strategic Ventures is on track for growth,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “We have a clearly defined path for expansion, and we are diligently working to…

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