CannabisNewsBreaks

FridayAug 02, 2019 11:33 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Receives Subscriptions for $1,325,000 Convertible Debenture Financing

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) this morning announced its receipt of subscriptions for a convertible debenture financing in the amount of $1,325,000. Per the update, the debentures will have a maturity date of two years from the Offering’s closing date (“Maturity Date”), and will bear interest from the date of closing at 10 percent per annum, payable monthly. At the option of the holder, the debentures will be convertible into units of the company at any time prior to the close of business on the last business day immediately preceding the Maturity Date at a conversion price of…

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FridayAug 02, 2019 10:34 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Completes Successful Renewal of Health Canada Licenses for Ancaster Site

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its successful renewal of its Health Canada licenses for the company's Ancaster, Ontario facility. According to the update and as per the Cannabis Regulations, these licenses authorize TGOD to cultivate, process and sell cannabis from its Ancaster site until August 2022. "From day one, the entire team at TGOD placed a strong focus on ethics and compliance. These core values have been paramount to our success," TGOD CEO Brian Athaide said in the news release. "Our team continues to work diligently as we ramp…

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FridayAug 02, 2019 9:49 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) Retains Integra Consulting Group LLC to Provide Investor Relations Services

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) today announced that it has engaged Integra Consulting Group LLC to provide investor relations services to the company in compliance with regulatory guidelines. According to the update, Integra leverages decades of market experience with a robust proprietary database and partners with select underexposed and undervalued emerging growth companies to continuously maximize market visibility throughout their clients’ different development cycles. Integra will work with Lexaria to provide outreach to communicate its message to maximize corporate visibility, seek out opportunities to deliver audience-targeted presentations and utilize web-casting capabilities…

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ThursdayAug 01, 2019 1:18 pm

CannabisNewsBreaks – CannabisNewsWire to Serve as Official Distribution Partner and Gold Sponsor for Grow Up Conference and Expo

Multifaceted financial news and publishing company CannabisNewsWire (“CNW”) today announced that it will serve as an official distribution partner and gold sponsor for Grow Up Conference and Expo. The event will be held at the Scotiabank Convention Centre in Niagara Falls, Ontario, Canada from September 12 through 14, 2019 and will showcase over 120 world-class speakers covering the hottest topics and latest trends in the future of cannabis. “The Grow Up Conference and Expo delivers an exceptional experience for all segments of the cannabis culture and its growing worldwide community,” CNW Director of Syndicated Communications Christopher Johnson said in the…

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ThursdayAug 01, 2019 12:50 pm

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Health Canada Approval for Radicle’s Production Facility Expansion Project

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company Radicle Medical Marijuana Inc. has received Health Canada approval for its production facility expansion project. According to the update, the approval effectively doubles Radicle's production footprint, significantly increasing its yearly capacity to 6,000 kilograms. "We are thrilled with the continued growth happening at Radicle," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "The cannabis industry is showing many similarities to the craft beer movement, where local, artisanal operators are succeeding in securing loyal and robust customer followings. Radicle is thriving within this…

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ThursdayAug 01, 2019 10:23 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Completes Acquisition of Florida-Based Spring Oaks Greenhouses, Inc.

Lifestyle-oriented cannabis company Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) today announced the completion of its previously disclosed acquisition of Spring Oaks Greenhouses, Inc., per the terms detailed on July 29, 2019. According to the update, the acquisition brings GGB's ability to operate dispensaries up to 47 across three key states that include Nevada, Massachusetts and Florida. To view the full press release, visit http://cnw.fm/A1fET About Green Growth Brands Green Growth Brands creates remarkable experiences in cannabis and CBD, led by CEO Peter Horvath and a leadership team of consumer-focused retail experts. The company’s brands include CAMP, Seventh Sense…

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ThursdayAug 01, 2019 9:44 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Provides Update on Proposed Reverse Stock Split

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) on Wednesday issued an update to its previously disclosed reverse stock split. According to the update, the reverse split is not effective July 31, 2019 as previously stated in the company’s press release dated July 3, 2019 and corresponding Form 8-K filed with the Commission. MCOA filed its notice of corporate action with the Financial Industry Regulatory Authority (“FINRA”), which is continuing its review of the action, as well as its Form 14C with the Commission disclosing the corporate action by consent of its majority stockholders. The reverse split…

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WednesdayJul 31, 2019 3:23 pm

CannabisNewsBreaks – MYM Nutraceuticals Inc. (CSE: MYM) (OTCQB: MYMMF) Acquires 50% of Licensed Hemp Cultivator BioHemp Naturals

MYM Nutraceuticals (CSE: MYM) (OTCQB: MYMMF), an innovative company focused on the global growth of cannabis and CBD-rich hemp, on Tuesday announced the completion of the acquisition of 50% of BioHemp Naturals in exchange for $2.5 million cash and 6,000,000 common shares in the capital of MYM. BioHemp is a licensed hemp cultivator that cultivates and distributes CBD-rich hemp biomass to licensed producers in Canada. Len Atkinson, BioHemp co-founder, has joined the MYM management team as Global Hemp Project Manager. In collaboration with BioHemp, MYM is seeking to expand its cultivation to 3,000 acres of CBD-rich hemp for the 2020…

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WednesdayJul 31, 2019 12:12 pm

CannabisNewsBreaks – CannabisNewsWire Recaps BTN Inaugural Expo that Shined Spotlight on Cannabis-Infused Beverages Space

Multifaceted financial news and publishing company CannabisNewsWire (“CNW”) today provided a recap of the highly anticipated, first-ever Cannabis Drinks Expo held on July 25, 2019 in San Francisco, California. Hosted by the Beverage Trade Network, the event shined a spotlight on the skyrocketing legal cannabis market, and the cannabis-infused beverages segment, in particular, providing insight into its future brimming with opportunity. The many high profile speakers included Jeff Maser, president and CEO of Tinley Beverages, who discussed major challenges to growth and provided crucial insight for the cannabis drinks category to move into mainstream. “We are very pleased with the…

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WednesdayJul 31, 2019 10:00 am

CannabisNewsBreaks – IONIC Brands Corp.’s (CSE: IONC) (OTC: IONKF) (FRA: IB3) Zoots Premium Cannabis Infused Edibles to Launch in PharmaCann’s Illinois Dispensaries

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) today announced that national vertically integrated cannabis operator PharmaCann LLC will exclusively launch its Zoots Cannabis Infused Edibles in Illinois dispensaries. According to the update, the edibles will be available this month. Verilife dispensaries, which are owned and operated by PharmaCann, will offer drops, chews and energy shots from the Zoots product line. “Zoots is an ideal fit for Illinois medical cannabis patients seeking relief through a premium edible product that delivers consistent and reliable results,” PharmaCann Chief Operating Officer Brett Novey said in the news release. “We are excited to offer…

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