CannabisNewsBreaks

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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TuesdayAug 27, 2019 9:54 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Receives DehydraTECH Patent for Pharmaceutical Applications of Cannabinoids to Treat Certain Conditions

Biotechnology company and global drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) today announced its receipt of a new patent granted in Australia: #2016367037 / Grant Date August 15, 2019 - “Stable ready-to-drink beverage compositions comprising lipophilic active agents.” According to the update, this increases Lexaria’s portfolio to 16 awarded patents protecting its DehydraTECH(TM) drug delivery platform, with eight in the USA and eight in Australia. The new Australian patent, together with Australian Patent #2016367036 announced on August 15, 2019, are the first granted in Lexaria’s second and third patent families that differ from the company’s original…

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TuesdayAug 27, 2019 9:24 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Posts Q1 Fiscal 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning reported financial results for the first quarter ended June 30, 2019. Among other highlights, the company reported an operating income of $2.7 million for the quarter which it primarily attributes to royalty, interest and lease income. Canopy Rivers took advantage of new invest opportunities during the quarter, providing $18.8 million to new investments in Biolumic, Zeakal and High Beauty in addition to contributing a total of $6 million to existing investees Greenhouse Juice Company and Agripharm. “In Q1 2020, we made several exciting investments in plant sciences and cannabis brands, two areas…

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MondayAug 26, 2019 3:02 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches Premium Cannabis Delivery Service

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, recently hosted a virtual launch party of its premium cannabis delivery service, VivaBuds. “VivaBuds will offer our customers low-cost premium cannabis, fast delivery times and quality customer service,” MCOA CEO Don Steinberg stated in the news release (http://cnw.fm/0g7ZO). An article discussing the company reads, “The establishment of a joint venture with Natural Plant Extract of California (‘NPE’), along with a 20% ownership stake in the company, led to the creation of Viva Buds Inc., a unique, Los Angeles, California-based cannabis delivery service. MCOA’s commitment to the joint venture…

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MondayAug 26, 2019 10:43 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Headset Launches Cannabis Market Intelligence Tool in Canada

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, Headset, Inc., has launched its competitive cannabis market intelligence tool in Canada. Headset Insights is already trusted by hundreds of operators in numerous U.S. markets and provides users with real-time market data to help uncover strategic opportunities, monitor consumer trends and behaviors, and keep tabs on competitors. "This announcement from Headset is a testament to the company's rapid growth since being backed by RIV and joining our ecosystem in January 2019," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "We believe that…

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FridayAug 23, 2019 1:58 pm

CannabisNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Creating Seed-to-Retail Cannabis Network

City View Green Holdings (CSE: CVGR) is a vertically integrated cannabis company with a primary focus on the development of a seed-to-retail cannabis network. Recently, the company finalized an agreement securing a 40,000-square-foot cultivation facility that CVGR plans to use to produce a pharmaceutical-grade crop. An article discussing the company reads, “City View Green recently announced that it had completed a previously detailed goal of transferring its option to purchase the facility in Brantford, Ontario, just southwest of Toronto, to an arms-length financier who has also completed a five-year renewable lease agreement with CVGR that includes a first right of…

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FridayAug 23, 2019 12:56 pm

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Developing Natural Biopesticide Products to Ensure Compliant, Pest-Free Cannabis Production

Agricultural biotech company MustGrow Biologics (CSE: MGRO) is engaged in the development and commercialization of a portfolio of natural biopesticides and biofertilizer products for the cannabis industry. A recent article discussing the company reads, “Canada’s licensed producers (‘LPs’) are required by law to demonstrate that no unauthorized pesticides were used on their products or contaminated them (http://cnw.fm/QFu7L), and mandatory testing is underway to ensure that LPs comply. Failure of Health Canada’s sampling and testing program for unauthorized pest control products could result in product seizure or destruction, recall of products sold, suspension or revocation of the firm’s license, or a monetary…

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