CannabisNewsBreaks

MondaySep 09, 2019 12:51 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Launches New Proprietary Strain: Jack Haze

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its wholly-owned subsidiary, 7ACRES, has launched Jack Haze, a new proprietary strain. Per the update, Jack Haze is 7ACRES' first sativa dominant strain and delivers high THC content with a terpinolene forward profile with a complex aroma with notes of citrus, pine and warm spice. "Jack Haze's novel name pays homage to the well-known Jack Herer strain, this cultivar's expression possesses a unique Haze profile with a classic, sweet sativa smell and strong visual appeal," Chief Advocacy Officer and Founder John Fowler said in the news release. "As…

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MondaySep 09, 2019 11:46 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Commences Trading on the Toronto Stock Exchange

Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that its class A subordinated voting shares began trading on the Toronto Stock Exchange (the "TSX") under the ticker symbol "RIV" as of today’s opening of the markets. According to the update, this milestone was achieved within less than one year of Canopy Rivers' initial go-public transaction. "We are proud to join a class of issuers that includes many reputable domestic and international companies," Narbe Alexandrian, president and CEO of Canopy Rivers, said in the news release. "We believe that graduating to the…

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MondaySep 09, 2019 10:24 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Receives Health Canada Approval to Bring Moncton Facility’s Annualized Licensed Capacity to 76,000 kg Target

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its receipt of Health Canada approval, effective September 6, 2019, for the licensing of 17 additional cultivation rooms under the Cannabis Regulations. According to the update, the new cultivation rooms represent an increased target production capacity of approximately 15,000 kg per year. These are the company’s first 17 rooms licensed within its Phase 4B expansion and now brings its Moncton facility’s annualized licensed capacity to a target of 76,000 kg. “Once again, we are pleased to receive licensing approval…

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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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