CannabisNewsBreaks

ThursdayJul 25, 2019 12:11 pm

CannabisNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces First Sale of the BaroShear K45, A Revolutionary Water-Soluble CBD Manufacturing System

Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products to the worldwide life sciences and other industries, today announced the initial sale of its revolutionary BaroShear(TM) K45 processing system. According to the update, the novel instrument system is based on the company’s proprietary Ultra Shear Technology(TM) (“UST”) platform and is designed to resolve one of the most critical problems facing CBD manufacturers today: the extremely poor water solubility of CBD Oil. “We are thrilled to be the first purchaser of the BaroShear K45 system,” Nano CBD Cosmetics LLC Founder Christopher Holden…

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ThursdayJul 25, 2019 10:44 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches California-Wide Advertising Campaign

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has launched its first California-wide marketing campaign with billboards and other out-of-home media secured in highly trafficked areas across San Francisco, Los Angeles and San Diego. The placements emphasize each of the moods - Balance, Uplift and Unwind – that are highlighted by the company’s new easy-to-use cannabis system that focuses on the science behind different THC and CBD combinations. Jill Greenberg, an artist well-known for her work with celebrities and large CPG and media brands, captured photography for the…

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ThursdayJul 25, 2019 10:34 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces THR Subsidiary Cannabis Cultivation Results that Outperform Design Capacity by 50%

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced recent cannabis production results at its wholly owned subsidiary Toronto Herbal Remedies Inc. (“THR”). According to the update, the total cultivation output of dry cannabis flower for the three-month period ended June 30, 2019, is 298kg compared to design capacity of 199kg. This represents overperformance of 49.9 percent versus design capacity. “The company has successfully achieved greater than expected results for the harvests from April to June 2019,” Sproutly Canada CEO Keith Dolo stated in the news release. “On a total of nine harvests, the average dry flower yield…

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ThursdayJul 25, 2019 9:41 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands Executive Team; Appoints New Chief Information Officer and VP of Talent

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced the appointment of its new Chief Information Officer ("CIO") Ash Rajendra, who will focus on ensuring the company is well prepared to execute on its next phase of growth. In addition, Supreme Cannabis announced that Valerie Rother has joined the company and will serve as its new VP, Talent, to steward its human capital and talent development program. “We are excited to welcome Mr. Rajendra and Ms. Rother to the Supreme Cannabis team. Both bring a wealth of experience and knowledge to drive the company's next phase of…

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WednesdayJul 24, 2019 11:23 am

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces Pre-Market Release of HoneyStick BeeBox Pro 2-in-1 Device

Innovative technology holding company VPR Brands LP (OTC: VPRB) today announced the pre-market release of the new HoneyStick Brand BeeBox Pro digital mod battery. Per the update, the revolutionary unit is power adjustable with features to dial into the desired intensity level for vaping, and includes 600MAH of battery capacity, which is more than twice that of the most popular pod units. “We noticed a trend that a lot of people carry two pens at the moment to fulfill their vaping needs, and they are always complaining about the batteries running low or dying. The BeeBox Pro runs pods better…

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WednesdayJul 24, 2019 10:39 am

CannabisNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Announces R&D Program to Build on Study Results, Future Testing of Second Generation Liquid Technology for Tobacco Agriculture

MustGrow Biologics (CSE: MGRO), an agricultural biotech company developing and commercializing a portfolio of natural biopesticides and biofertilizers, this morning announced that it will present its previous research findings in collaboration with Virginia Tech’s Southern Piedmont Agricultural Research and Extension Center in Blackstone, Virginia. According to the update, a program is underway to build on MustGrow’s encouraging scientific achievements, as well as advance corporate collaboration discussions with tobacco industry leaders. MustGrow’s recent appointment of Altria Group veteran Brian Quigley to its board of directors illustrates the company’s belief in this opportunity. To view the full press release, visit http://cnw.fm/b3EIp About…

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WednesdayJul 24, 2019 10:04 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Global Manufacturing & Licensing Partnership with Hill Street Beverage Co. (TSX.V: BEER)

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced a multi-faceted expansion of its relationship with Hill Street Beverage Company Inc. (TSX.V: BEER). According to the update, the companies have entered into a 10-year Joint Manufacturing Partnership (“JMP”) to produce DehydraTECH(TM) commercial products under a new brand, which will be announced. The JMP will produce processed THC cannabis and/or CBD hemp powder for new consumer products under categories including, among others, tablets, capsules, or packets for sale in Canada and for export where permitted. Similar powders as a bulk ingredient for manufacturing processes will…

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WednesdayJul 24, 2019 9:28 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Finalizes Acquisition of Zoots Premium Cannabis Infused Edibles

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning announced the successful completion of its acquisition of Washington-based Natural Extractions, Inc. d/b/a Zoots Premium Cannabis Infused Edibles. The total consideration for the purchase of Zoots is approximately US $11 million, comprised of US $855,000 cash and issuance of 9,635,150 common shares at C$1.30 per share to the vendors of Zoots, and the assumption of US $606,420 in outstanding debt. Additionally, the vendors have agreed to a lock-up agreement whereby up to 70% of the consideration shares are released over nine months. IONIC will also issue to the shareholders of…

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TuesdayJul 23, 2019 3:08 pm

CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Joint Development Agreement to Create Biosynthesis Platform for CBD Production, Distribution

Willow Biosciences (CSE: WLLW) recently entered a joint development agreement (“JDA”) with leading cannabinoid manufacturer Noramco Inc. to develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol (“CBD”) (http://cnw.fm/KZdi0). An article further discussing the company reads, “The JDA is mutually exclusive and creates an enviable arrangement designed to take advantage of each company’s unique and compelling skill sets, the news release notes. The JDA requires each company to cover its own costs, retain its own intellectual property associated with its own scopes of work and share equally in the gross profits from sales of CBD produced under the agreement.…

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TuesdayJul 23, 2019 2:51 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Remains Ahead of the Pack with Innovative Delivery Technology

Biotechnology company Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is the developer of the drug-delivery platform DehydraTECH(TM). The company’s innovative technology promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. An article discussing the company reads, “One of the delivery challenges is the amount of CBD waste created, because the human body can only absorb a small amount of the molecules. DehydraTECH is disrupting this cycle by protecting the product during stomach transit, amplifying intestinal absorption by five to ten times over traditional methods and enabling the drug to bypass first-pass liver metabolism. Third-party lab studies…

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