CannabisNewsBreaks

ThursdayAug 29, 2019 2:59 pm

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Enters Alternative Cannabis Consumption Space via Strategic Acquisition

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, recently announced that is has acquired 49% of Cannova Medical Ltd. (http://cnw.fm/zpZ2n). Based in Israel, Cannova is a provider of innovative solutions for cannabis consumption, such as sublingual strips. An article discussing the company reads, “According to Cannova, the use of sublingual strips allows for better control of dosage quantities and an enhanced effect of active compounds. These sublingual strips can be used to achieve an array of goals like pain management, enhanced sleep quality and depression…

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ThursdayAug 29, 2019 2:47 pm

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Focuses on Optimizing Liquid Pest-Control Formulation

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, is concentrating its efforts toward the development of a liquid formulation that will support fruit, vegetable, turf, ornamental, tobacco and cannabis products. A recent article discussing the company reads, “MustGrow’s scientific focus this year is on using funds to optimize its liquid formulation and to research the potential for cannabis application. In addition, it is looking to bring in third-party products for the cannabis market under distribution and in-licensing agreements. The first of these third-party products includes an agreement with Triangle Plant Sciences (‘TPS’) to offer exclusive Canadian and global access to…

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ThursdayAug 29, 2019 12:54 pm

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Gains Media Attention Following Four Profitable Quarters

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, recently received coverage in a Bloomberg article discussing OGI’s financial results for the last four quarters (http://cnw.fm/sBS4g). An article further discussing the company reads, “Organigram’s Q3 and fiscal year-to-date results represent some of the strongest operating and financial metrics amongst Canadian licensed producers. With one of the lowest cultivation costs per gram and continued discipline on selling, general and administrative expenses, Organigram’s results place it in the top tier of the Canadian industry. . . . As per the Bloomberg article, Organigram’s sustainable…

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ThursdayAug 29, 2019 12:47 pm

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Dedicated to Offering High-Quality Cannabis Products

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), is devoted to offering high-quality cannabis products. An article discussing the company reads, “Grapefruit’s dedication to quality and service means that, in addition to being able to offer a large and diverse inventory of superior cannabis products that can be delivered within 24 hours of order, the company’s wholesale distribution arm will also offer high-quality, competitively priced raw materials to other manufacturers and distributors. Grapefruit’s extraction lab produces high-quality distillate or ‘honey oil,’ a universal product used in everything from infused edibles and tinctures/creams to the ‘fuel’ used…

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ThursdayAug 29, 2019 9:40 am

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Releases Q1 Financial Results, Provides Solace Acquisition Update

Geyser Brands (TSX.V: GYSR) this morning released its first quarter financial statements for the three months ended June 30, 2019. According to the update, the company generated its first revenues of $79,434 during the quarter and reported $64,690 in gross profit, representing an 81 percent gross profit margin. In addition, Geyser Brands announced that, in connection with its conditional approval of the Solace Management Group Inc. acquisition, it is submitting all information to the TSX Venture Exchange for review. “We have begun to operationalize our manufacturing and processing capabilities, generating our first revenues during Q1,” GYSR CEO Andreas Thatcher said…

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ThursdayAug 29, 2019 9:32 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q2 2019 Financial and Operating Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced financial and operating results for the second quarter 2019. Among other highlights, the company reported net revenue of $5.3 million in the quarter, representing a five-fold increase from the same period last year. The company’s senior management will be hosting a conference call to discuss the results today, August 29 at 10:00 AM ET. To join the call, dial 647-427-7450 or 1-888-231-8191 using the conference ID 4479716. “The progress our team has made on all four of our strategic priorities positions us well for future growth,” VIVO CEO Barry Fishman stated…

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WednesdayAug 28, 2019 9:46 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Acquires Second The+Source Location

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the closing of its acquisition of Henderson Organic Remedies, LLC (“The+Source Henderson”), which was previously disclosed on December 14, 2018. According to the update, the Henderson location is the second The+Source dispensary operated by GGB in greater Las Vegas, with similar productivity in both locations. “The+Source Henderson has been under our management for the last nine months,” Green Growth Brands CEO Peter Horvath said in the news release. “In that time, we have grown revenue, transactions and gross margin by double digits. Our ability to significantly improve top…

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WednesdayAug 28, 2019 9:29 am

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces Upcoming Launch of Popular E-Cigarettes Brand KRAVE

VPR Brands LP (OTC: VPRB), an innovative technology holding company, on Tuesday announced the approaching re-launch of its most popular e-cigarettes brand, KRAVE. KRAVE salt nicotine e-cigarettes are a great tasting, high quality alternative to cigarettes. The initial launch will include convenient disposable pod unit vaporizers that will retail at $7.95. “Our KRAVE Brand was once one of the Top 3 recognized brands of electronic cigarettes and had distribution in convenience, gas and drug stores nationwide. Our disposable vaporizers will fill a market void for the adult smoker who doesn’t want to deal with buttons, cables and chargers but still…

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TuesdayAug 27, 2019 10:47 am

CannabisNewsBreaks – CWCBExpo Heading to Los Angeles September 26 to 28, 2019

Leading Edge Expositions, a company specializing in B2B trade show production, today announced further details for the upcoming Cannabis World Congress & Business Exposition (“CWCBExpo”). The event is slated to take pace in Los Angeles, California and will run from September 26 – 28, 2019, at the Los Angeles Convention Center. A number of high-powered sponsors are supporting the expo, including its diamond sponsor, Freed, a prominent CBD company known for promoting healthy living. Marcum LLP, an accounting group; Zuber Lawler, a global law firm; and CCELL, known for its disruptive vaping technology are among other top sponsors. The conference…

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TuesdayAug 27, 2019 10:07 am

CannabisNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) Warrants Commence Trading on the CSE

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that 4,207,083 common share purchase warrants began trading on the Canadian Securities Exchange (“CSE”) under the symbol ‘TCAN.WT’ as the market opened today. The warrants, each of which entitle the holder to purchase one common share of the company, were issued in accordance with a private placement financing that closed in April 2019. The warrants will expire on April 4, 2022. To view the full press release, visit http://cnw.fm/Tdm7O About TransCanna Holdings Inc. TransCanna Holdings is a Canadian-based company providing branding, transportation and distribution services, through its wholly owned California subsidiaries,…

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