CannabisNewsBreaks

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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ThursdayAug 22, 2019 10:41 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Commercial Launch of ChrgD+

Biotechnology company and global drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced the commercial launch of ChrgD+, the industry’s most advanced water-soluble multi-spectrum hemp oil in a powdered format and empowered with DehydraTECH(TM) for fast, effective delivery. ChrgD+ is available online, now for sale to US consumers at ChrgD.life. Lexaria’s technology delivers patented processes within every ChrgD+ serving to improve the consumer experience of hemp oil with CBD. ChrgD+ is formulated with the highest quality multi-spectrum hemp oil ingredients and does NOT use CBD isolates that deprive consumers of the synergistic benefits of multi-spectrum oils. In…

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ThursdayAug 22, 2019 9:42 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Announces Receipt of SEC Comment Letter on its Form S-1 Registration Statement

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced its August 21, 2019 receipt of the initial comment letter from the SEC Division of Corporation Finance. According to the update, the letter requires the company to file audited predecessor financial statements for Grapefruit Boulevard Investments, Inc. and audited pro forma financial information giving effect to the reverse acquisition. “We are pleased to receive this prompt and manageable response from the SEC Staff and look forward to responding as promptly as possible and to timely provide the public with all relevant disclosure concerning Grapefruit,” Grapefruit…

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WednesdayAug 21, 2019 3:21 pm

CannabisNewsBreaks – SinglePoint Inc. (SING) Broadens Horizons through Acquisitions

Technology and investment company SinglePoint (OTCQB: SING) recently acquired solar energy business Direct Solar, significantly broadening the company. An article discussing the company reads, “The success of Direct Solar is creating a solid financial base for SING as it continues to expand and seek out additional acquisitions. ‘The traction we have experienced so far has been amazing,’ Direct Solar Founder Pablo Diaz stated in a news release (http://cnw.fm/hYQR0). ‘We are thrilled for the achievements we have accomplished and are looking forward to continually improving. We are now exploring ways to generate additional sales through innovative marketing strategies. I’m confident we…

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WednesdayAug 21, 2019 9:19 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Posts Letter to Shareholders

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 issued a letter to shareholders discussing the company’s recent activities in line with NABIF’s goal to become a leading cannabis asset manager. “As Nabis continues to expand its footprint in the United States, we believe that now is an ideal time to update shareholders on the recent investments and acquisitions the company has made in establishing a trusted, national brand capable of sustaining long-term growth,” Nabis Holdings CEO & Director Shay Shnet stated…

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