CannabisNewsBreaks

FridaySep 06, 2019 3:24 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Positive Findings from Master Collaborative Research Agreement

Biotechnology company and global drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) recently announced the successful completion of its master collaborative research agreement with the National Research Council of Canada (“NRC”) focused on technical aspects of DehydraTECH(TM)’s drug-delivery processes (http://cnw.fm/gt79T). An article further discussing the company reads, “Lexaria also noted that the National Research Council of Canada study discovered the remarkable stability of DehydraTECH technology, even under highly acidic conditions. ‘Other formulation technologies by third parties that have not been tested for pH stability cannot be relied upon to deliver stable quantities of the API in question within…

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FridaySep 06, 2019 1:37 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Enhances Portfolio with VVG Acquisition

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) recently acquired Vegas Valley Growers North (“VVG”), a Las Vegas, Nevada, state-licensed cultivation and manufacturing firm (http://cnw.fm/Jiia9). An article discussing the company reads, “The VVG acquisition includes a leased 1,700-square-foot production facility and five state licenses for cultivation and manufacturing of both medical and recreational cannabis. VVG is also building a 60,000-square-foot manufacturing facility and has plans for a second 80,000-square-foot facility. Distribution licenses for both medicinal and recreational cannabis products are being processed by state regulators. . . . Also included in the acquisition was VVG’s popular Nevada vape brand, Vegas M Stick,…

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FridaySep 06, 2019 1:29 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Fortifies Global Position via Truverra Acquisition

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) entered into a definitive agreement to acquire Truverra Inc. in mid-July. A recent article discussing the agreement reads, “The deal involves the transaction of 14.7 million common shares of Supreme Cannabis, with an approximate value of $20,000,000 (http://cnw.fm/kZ74p). ‘The recent introduction of Health Canada’s amended cannabis regulations creates a distinct opportunity for Supreme Cannabis to establish a leading position in the cannabis extracts markets,’ Dhaliwal added. ‘With the acquisition of Truverra, we secure a Toronto-based facility equipped to extract our high-quality inputs for concentrates and vaping liquids in the near term.’” To…

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FridaySep 06, 2019 10:02 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Announces Board Member Resignation

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced that, effective September 6, 2019, Kevin Ma has resigned from its board of directors in order to focus on other business obligations. According to the update, Ma will continue to perform consulting services for Nabis. “Kevin has played an integral part in building the company as it exists today and we sincerely thank him for his dedicated work and support,” Nabis CEO and Director Shay Shnet said in the news release. “We…

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FridaySep 06, 2019 9:23 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Gains Approval to List Class A Subordinated Voting Shares on the Toronto Stock Exchange

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Thursday announced that it has received final approval to list its class A subordinated voting shares on the Toronto Stock Exchange (“TSX”). Per the update, the shares will begin trading on the TSX under the ticker symbol “RIV” on September 9 at the opening of markets. The company’s subordinated voting shares will be delisted from the TSX Venture Exchange in conjunction with listing on the TSX. To view the full press release, visit http://cnw.fm/53Eok About Canopy Rivers Inc. Canopy Rivers is a unique investment and operating…

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ThursdaySep 05, 2019 12:40 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOAD) Announces Completion of Reverse Stock Split

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA, MCOAD) today announced that it began trading on a split-adjusted basis on September 3, 2019. The company announced its proposal for a 1-for-60 reverse stock split on July 31, 2019. According to the update, the company’s common shares, which previously traded under the ticker symbol “MCOA,” began trading on a post-split basis under the symbol “MCOAD.” This will continue for a period of 20 business days, after which the “D” will be removed, and the symbol will revert back to “MCOA.” The reverse stock split affected all issued and…

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ThursdaySep 05, 2019 11:40 am

CannabisNewsBreaks – Canna-V-Cell Sciences Inc. (CSE: CNVC) Achieves Significant Milestone in 16-Month Program

Canna-V-Cell Sciences (CSE: CNVC) ("CannaVcell") recently announced its achievement of a significant milestone of having cannabis trichomes at the suspension phase. According to the update, CannaVcell, on October 2018, embarked on a 16 months program to prove the feasibility of applying its unique Biofarming technology on cannabis. “This clearly confirms that the progress made to-date towards the completion of the 16 months development program has exceeded the expectations,” CannaVcell CTO Dr. Yochi Hagay said in the news release. “We can now be assured that the goals of the program will be achieved ahead of schedule.” To view the full press…

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WednesdaySep 04, 2019 2:32 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Capitalizing on Vaping Market with Experienced Executive Team

VPR Brands LP (OTC: VPRB) is an innovative technology holding company with assets that include patented, atomization-related products and technology.  A recent article discussing the company reads, “VPR Brands continues to advance its own dedication to growth through an experienced management team that’s committed to unique brands and expanded distribution into the CBD vertical. The company offers investors potential returns as it leverages opportunity in the nicotine and cannabis industries. VPR Brands is positioned to build market share and drive scale across different high-growth verticals. . . . VPR Brands owns issued U.S. and Chinese patents for atomization-related products, including…

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WednesdaySep 04, 2019 12:59 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Welcomes New Investors, Releases Update on Aurora Ownership

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today commented on the recent transaction between Aurora Cannabis (TSX: ACB) and a syndicate of Canadian banks. Per the update, the block trade was executed on September 3 after market close and resulted in the exchange of a total of 28.8 million shares, each at a negotiated price of $3.00. The Edmonton-based company continues to retain a large number of TGOD warrants equivalent to approximately 5% of its fully diluted shares, and the transaction significantly improves TGOD's revenue and gross margin mix due to the repatriation…

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WednesdaySep 04, 2019 11:22 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOAD) Announces Official Launch of VivaBuds in San Fernando Valley

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA, MCOAD) today announced the official launch of its premium cannabis delivery service, VivaBuds, in California’s San Fernando Valley. The launch is a result of the company’s previously-announced 20% ownership interest acquisition of Natural Plant Extract of California (“NPE”) to establish a joint venture to create VivaBuds, a California marijuana delivery company offering customers a dynamic opportunity to purchase low-cost premium cannabis products directly from farmers using a “Tell a Friend” approach. “We are extremely pleased to have officially launched our delivery service throughout the San Fernando Valley, where demand…

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