CannabisNewsBreaks

FridayJul 19, 2019 12:10 pm

CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Employs Proprietary Biosynthetic Processes to Develop Ultra-Pure CBD

Canada-based Willow Biosciences (CSE: WLLW) was recently featured in a video by InvestmentPitch Media detailing how the company utilizes its proprietary biosynthetic processes to deliver high yields of ultra-pure, low-cost cannabinoids. An article further discussing the company reads, “The video (http://cnw.fm/7MJm1) highlights a recent joint development agreement between Alberta, Canada-based Willow Biosciences and Delaware-headquartered Noramco that will build on Willow’s experience in developing manufacturing processes for active pharmaceutical ingredients (‘APIs’) that treat conditions such as cancer, pain and central nervous system disorders, as well as Noramco’s experience in producing high-quality, synthetic cannabinoid APIs for the pharmaceutical and health care industry.…

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FridayJul 19, 2019 11:26 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Staying Ahead of Curve for Anticipated Record Crop in 2019

Sugarmade (OTCQB: SGMD) aims to provide next-generation equipment and techniques to companies that process and extract from industrial hemp for the highly anticipated peak crop in 2019. An article discussing the company reads, “SGMD’s new initiative includes making available to its customers new technology such as water-based sonification extraction, microwaves and other techniques. These machines could reduce the cost of extraction and help cultivators increase output without significant increases in cost. SGMD is not in the hemp cultivation business itself, but it has a business model centered on supporting cultivators. . . . The combination of rising demand and the…

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FridayJul 19, 2019 10:07 am

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters $19M CBD Water Soluble Isolate Supply and Processing Agreement

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced entry of its wholly owned subsidiary, Khrysos Industries, into a one year supply and processing agreement to produce water soluble CBD Isolate, which contains no THC and is expected to generate revenues of $19 million. According to the update, shipping under the agreement is expected to begin in August 2019 and continue through July of 2020. Customary annual renewal clauses are also contained in the one-year agreement. “The commercial hemp industry is becoming aware of the capabilities and uniqueness of Khrysos Industries,” YGYI President and CFO Dave Briskie…

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ThursdayJul 18, 2019 2:49 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds Top-Tier Executive to Ranks

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently named Alan R. Applonie as general manager of its Modesto facility (http://cnw.fm/Rp1oX). A recent article discussing the company reads, “The appointment was made after screening of top-tier talent from the industry for a period of six months. Applonie most recently oversaw a major consumer-goods facility that generated approximately $300 million in annual gross revenues. He will be overseeing all of the manufacturing and related activities at the 196,000-square-foot hub, as well as other units being acquired in Stanislaus County. . . . With this one single move, TransCanna has instilled years of experience, knowledge…

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ThursdayJul 18, 2019 2:39 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Consistently Outperforms Industry Standards

Biotechnology company Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently reported that clinical lab tests conducted with live animals demonstrated that its new, enhanced version of DehydraTECH(TM)  can deliver eight times more CBD into the blood and 19 times more CBD into the brain tissue than standard industry formulations (http://cnw.fm/0sJRF). An article discussing the company reads, “LXRP intends to perform more studies on the enhanced DehydraTECH and focus on optimizing implementation regarding product applications for its licensees. . . . In earlier test results, LXRP announced that original or standard DehydraTECH combined with generic nanotech techniques delivers 1,137% more cannabidiol (CBD) into animal…

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ThursdayJul 18, 2019 11:00 am

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Posts Record Sales in Second Quarter

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced strong financial results for its second quarter, ended June 30, 2019. Per the update, the results reflect the company’s greatest amount in sales to date, with preliminary second quarter sales of $1,965,641. “According to the most recent ArcView Market Research report, the cannabis and CBD industries experienced significant growth in the first half of 2019, and it’s exciting that our second quarterly results reflect a similar growth trajectory,” DVLP CEO Stavros Triant stated in the news release. “We believe our diverse ecosystem…

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ThursdayJul 18, 2019 10:05 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New CBD-Infused hempSMART(TM) Body Cream

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its hempSMART(TM) brand has launched a new product called hempSMART Body Cream(TM). Per the update, the nourishing topical product is formulated with 300mg of organically grown, full spectrum, non-psychoactive cannabinoid (“CBD”), derived from industrial hemp, and a unique blend of synergistic Ayurvedic herbs and botanicals. “The new hempSMART Body Cream is a major advancement in the wellness arena,” Paula Vetter, holistic nurse practitioner, certified herbalist and chair of the hempSMART Medical Advisory Board said in the news release. “The cream is completely free of toxins that…

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ThursdayJul 18, 2019 9:56 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Branded Cannabis Retail Store in Lloydminster, Alberta

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) today announced that an Alberta provincially approved cannabis retail licensee is opening a cannabis retail store in Lloydminster, Alberta. According to the update, the new store will operate under the Choom brand and is scheduled to open on Saturday, July 20, 2019. “We've been anticipating the opening of this store in Lloydminster for quite some time and we're really excited to finally be able to share our unique retail experience with the local community,” Choom President and CEO Chris Bogart said in the news release. To view the full…

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ThursdayJul 18, 2019 9:28 am

CannabisNewsBreaks – Imaging3, Inc. (IGNG) Subsidiary Enters LOI with Dogwood Management Group, Inc.

Imaging3 (OTCQB: IGNG) today announced that its wholly owned subsidiary Grapefruit Boulevard Investments, Inc. has entered a letter of intent (‘LOI”) with Dogwood Management Group, Inc. Per the non-binding letter of intent dated June 12, 2019, the companies intend to have Grapefruit acquire and Dogwood manage licensed and fully compliant retail cannabis dispensaries throughout California that meet certain regulatory, operational and financial results requirements. Under the terms of the LOI, Dogwood will be primarily responsible for identifying and conducting due diligence on prospective acquisition candidates, while Grapefruit will be responsible for structuring the acquisition of any legal dispensary using cash,…

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WednesdayJul 17, 2019 2:59 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Doubles Retail Reach through Dillard’s Launch

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based cannabis company, recently secured a new spot for its CBD-based SKUs at almost 300 stores nationwide through the completion of a distribution deal with Dillard’s. A recent article discussing the company reads, “Wildflower announced June 17 (http://cnw.fm/Uq2j1) that the company has received and fulfilled an opening purchase order from Dillard’s department stores that will give Wildflower’s premium hemp SKUs a presence in 292 Dillard’s stores nationwide. The deal is particularly attractive because it gives Wildflower an access channel in the large markets of Florida and Texas. . . . ‘Launching into Dillard’s…

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