CannabisNewsBreaks

TuesdayJul 30, 2019 3:23 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Adds HRB Turbo Dry Herb Vaporizer to Extensive Product Suite

Innovative technology holding company VPR Brands LP (OTC: VPRB) recently launched a new dry-herb vaporizer. An article discussing the company reads, “Recently, VPR Brands announced the launch of its HRB Turbo Dry Herb Vaporizer by HoneyStick. The HRB Turbo is an ultra-premium, pocket-sized, dry-herb vaporizer that’s available for $99. ‘The HRB Turbo is the best dry-herb vaporizer with an MSRP under $100 currently on the market,’ VPR Brands COO Dan Hoff stated in a news release (http://cnw.fm/WV0j2). ‘The luxurious feel and performance of the unit makes it truly a great value for anyone on the market for a top-tier pocket vaporizer…

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TuesdayJul 30, 2019 3:18 pm

CannabisNewsBreaks – Golden Developing Solutions Inc. (DVLP) Building Robust Portfolio of CBD Businesses

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, is focused on acquiring CBD firms that are compliant with state and federal laws. An article discussing the company reads, “Fundamentally, the company focuses on two basic sectors for growth: CBD and ancillary software. DVLP recently launched a new software division featuring a website allowing cannabis growers to obtain information and communicate with one another (www.GreenerGrows.org). . . . Golden Developing Solutions also acquired Where’s Weed and its main asset, WheresWeed.com. Where’s Weed is an American cannabis-technology company that connects medical and recreational cannabis users…

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TuesdayJul 30, 2019 2:33 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Khalifa Kush Enterprises Canada Launch Premium Cannabis Oil

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with partner Khalifa Kush Enterprises Canada, recently debuted a new line of cannabis oils named KKE Oils, marking the first entry in a suite of new products from the two companies (http://cnw.fm/Y43Ns). An article discussing the company reads, “KKE Oil is a recreational-focused oil that offers the consumer high THC potency and precise dosing in a cannabis oil. The line is one of the first recreational-focused cannabis oils in Canada. Wiz Khalifa and the KKE team specifically chose Supreme Cannabis subsidiary 7ACRES’ Sensi Star strain for the launch. . . .…

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TuesdayJul 30, 2019 2:24 pm

CannabisNewsBreaks – MustGrow Biologics Corp.’s (CSE: MGRO) Recent CSE Listing Generates New Opportunities

MustGrow Biologics’ (CSE: MGRO) shares began trading on the Canadian Securities Exchange (“CSE”) on July 10, 2019 (http://cnw.fm/Yrro9). A recent article discussing the company reads, “Apart from working on its signature products, MustGrow is compiling a science-based suite of biological products by assessing third-party potential product labels. These include natural biopesticides and biofertilizers. MustGrow is striving to achieve in-licensing private labels, as well as the distribution of third-party products to Canadian cannabis growers exclusively through MustGrow. . . . These developments, paired with the company’s CSE listing, are anticipated to bring new opportunities to MustGrow and help the company cement its…

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TuesdayJul 30, 2019 10:55 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Commences CO2 Extraction Operations at Napanee Facility

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has received Health Canada approval to commence extraction operations using its on-site super-critical CO2 extraction system. According to the update, upon its Napanee facility’s receipt of EU-GMP certification and subject to receipt of all necessary import and export permits, the company is expected to be able to ship extracted cannabis products to Europe and other countries for scientific and medical purposes, in addition to selling domestically. "We are extremely excited to commence CO2 extraction operations at our Napanee facility," Vice-President, Napanee Operations Gary…

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TuesdayJul 30, 2019 10:12 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Summarizes DehydraTECH(TM) Technology Licensees

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today reported on its existing technology licensees that have entered definitive contracts to use its revolutionary DehydraTECH(TM) absorption technology within their existing and emerging brands. “The first half of 2019 delivered a period of unprecedented achievements for Lexaria. We signed more license agreements than ever before in our Company’s history, many of which were larger in scope than anything previous,” Lexaria Chief Executive Officer Chris Bunka said in the news release. “We also launched our brand-new business division Lexaria Nicotine which is disrupting nicotine delivery methods that…

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TuesdayJul 30, 2019 9:55 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces Q1 2020 Financial Results

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) on Monday announced its financial results for the first quarter ended May 31, 2019. Among the updates, the company’s cash position was $3.85 million as of May 31, 2019; Toronto Herbal Remedies Inc. has received a Health Canada processing license; and the company entered into a definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Ltd, to form a joint venture. "We are off to a strong start in 2020 with the completion of our first quarter, which saw us sign the definitive agreement with Moosehead and make advancements in…

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TuesdayJul 30, 2019 9:41 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Posts Updated Terms to Spring Oaks Acquisition

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF), a lifestyle-oriented cannabis company, on Monday announced an amendment to the share purchase agreement dated June 3, 2019 with Spring Oaks Greenhouses, Inc. Per the amended agreement, GGBXF will acquire all of the issued and outstanding shares of capital stock of Spring Oaks. According to the amendment, the purchase price of $54,650,000 will be comprised of a previously paid deposit of $1,350,000; a cash payment of $2,000,000 at closing, subject to certain adjustments acknowledged in the agreement; a cash payment of $3,000,000 due on August 31, 2019; the issuance of 7,133,297 common shares…

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MondayJul 29, 2019 3:10 pm

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Increases Licensed Production Capacity

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, recently obtained approval from Health Canada for the licensing of all of the company’s Phase 4A buildout plans, increasing its total licensed production capacity to 61,000 kg. per year (http://cnw.fm/A9xoX). An article discussing the company reads, “Once fully licensed and operational, the full Phase 4 expansion is expected to bring the company’s annualized target production capacity to approximately 113,000 kg. of dried-flower equivalents. . . . ‘Organigram’s continued expansion reflects ongoing growth in the cannabis marketplace, including increasing demand as new retail stores…

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MondayJul 29, 2019 3:00 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Gains Approval for Listing of Debentures, Warrants on the CSE

Plus Products (CSE: PLUS) (OTCQX: PLPRF) recently announced the listing of its debentures and warrants from its brokered private placement on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and ‘PLUS.WT’ on July 2, 2019 (http://cnw.fm/nL9u3). An article discussing the company reads, “The warrants and debentures were part of a private placement that raised CA$25 million, with the funds to be used for working capital and other general corporate purposes. . . . The private placement of unsecured convertible note units closed on February 28 (http://cnw.fm/0YuX3). The brokered private placement of 25,000 units of the company at a price of CA$1,000 per…

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