CannabisNewsBreaks

WednesdayJul 17, 2019 2:15 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Positioned to Profit as New Hemp Regulations Facilitate Widespread Cultivation in California

Green Hygienics Holdings (OTCQB: GRYN), a full-scope, science-driven, premium-cannabis cultivation and branding enterprise, is poised to capitalize in the growing California hemp market as new industrial hemp regulations establish registration procedures for cultivators in the state (http://cnw.fm/3Hj8R). The goal of the new program is to enable the widespread cultivation of hemp across California. An article discussing the company reads, “Green Hygienics became registered to cultivate industrial hemp in San Diego County in June 2019. The science-driven, premium-cannabis cultivation company announced that it has secured the required permits from the County of San Diego Department of Agriculture, Weights and Measures (http://cnw.fm/lB5pM). .…

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WednesdayJul 17, 2019 2:07 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Subsidiary Establishes Position as Global Leader in CBD Industry

Florida-based biotechnology company Earth Science Tech (OTCQB: ETST), through its wholly owned subsidiaries, is focused on establishing its role as a global leader in the CBD space. A recent article discussing the company reads, “The company’s Cannabis Therapeutics Inc. subsidiary is a biotech firm focusing on CBD research and development for an extensive line of cannabinoid-based pharmaceuticals, nutraceuticals and other products and solutions (http://cnw.fm/pMBx7). The company is working to explore and harness the medicinal power of cannabidiol. Cannabis Therapeutics has a provisional application patent for CBD, and its first projects are centered on developing treatments for breast and ovarian cancers.” To…

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WednesdayJul 17, 2019 11:47 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Acquire Truverra in Preparation for Legalization 2.0 and Global Wellness Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its entry into a definitive agreement under which it will acquire all of the issued and outstanding shares of privately-held Truverra Inc. Per the update, the acquisition will be effected by way of a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly-owned subsidiary of Supreme Cannabis. The transaction is valued at 14.7 million common shares of Supreme Cannabis, with an approximate dollar value of $20,000,000 as of the company's closing price on July 16, 2019. “The recent introduction of Health Canada's amended cannabis regulations creates a distinct opportunity…

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WednesdayJul 17, 2019 11:01 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New Look for Cannabis Infused Edibles Line

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced a new look for its line of low dose cannabis infused edibles. According to the update, market structure research from Henry J. Rak Associates guided the rebrand that was designed by Partners & Spade, an agency that has worked alongside brands including Peloton and Warby Parker. The new packaging and product system, which focuses on the science behind unique combinations of THC and CBD, intends to create the right mix of cannabinoids paired with a targeted flavor profile to provide consumers with…

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WednesdayJul 17, 2019 10:52 am

CannabisNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Appoints Senior Executive with Extensive Regulatory Prowess to Board of Directors

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced the appointment of Brian Quigley to its board of directors, subject to applicable regulatory approval. Quigley, a proven leader in navigating complex regulatory environments for novel and innovative products, brings to MustGrow a competitive strategic advantage with over 20 years of regulatory expertise, brand building, marketing and operations experience. Brian most recently spent 16 years at Altria Group, with seven of those as president and CEO for U.S. Smokeless Tobacco and Nu-Mark, Altria’s innovation company. “Brian brings extensive regulatory prowess, brand building and product innovation experience to MustGrow,” MGRO…

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WednesdayJul 17, 2019 10:20 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Acquires Interest in Coastal Green Holdings; Extends Warrant Expiry Date

Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), a fully integrated cannabis company, this morning announced that, upon conversion of the convertible debenture issued to Choom by Coastal Green Holdings Ltd., it will acquire a 19.9% equity interest in the British Columbia-based cannabis retailer. Choom's interest contains a variety of rights, including the right to acquire 100% of Coastal Green in certain circumstances and subject to regulatory restrictions. Coastal Green has applied to become an approved retailer through the British Columbia Liquor and Cannabis Regulation Branch (“LCRB”) with the intention of opening eight retail stores that would be mainly located on the…

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TuesdayJul 16, 2019 11:27 am

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces New HoneyStick – Elf with Adjustable Intensity Settings

Innovative technology holding company VPR Brands LP (OTC: VPRB) today announced an update on its strategy to increase the visibility of its HoneyStick brand as a leading global producer of cannabis vaporizers. Per the update, HoneyStick is introducing the new improved Elf variable voltage mini vape mod. The Elf is the company’s best-selling battery of 2018, and the new twist unit includes adjustable intensity settings between 2.5 volts and 4.0 volts, upgraded air flow sensors for smoother pulls and bigger rips, and new colors of slate and sparkling silver. “Our team continues to keep it fresh whether it’s simply new…

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TuesdayJul 16, 2019 11:07 am

CannabisNewsBreaks – Must-Attend Event for Cannabis Industry Professionals and Enthusiasts Slated for November in Toronto

The must-attend event for cannabis industry professionals and enthusiasts – The Cannabis Consumer & Business Expo Toronto 2019 – is slated for late November. The expo is scheduled to take place at the Queen Elizabeth Building located at Exhibition Place in the heart of Toronto, Canada from November 22 to 24, 2019. The event, billed as one of North America’s fastest growing cannabis expos, is expected to draw over 20,000 attendees, 200-plus cannabis-related exhibitors, and several dozen industry-specific experts. Already headlining the 3-day immersive event are leading cannabis professionals from Starbuds and Hydroponics. Attendees will enjoy B2B and B2C seminars,…

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TuesdayJul 16, 2019 10:26 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) to Launch Premium BioNatural Oil Products Under CALIBER Brand

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced its plans to launch premium cannabis oil products under its CALIBER brand that utilize its unique and differentiated BioNatural Oil (“BNO”), which is produced by Sproutly’s proprietary Aqueous Phytorecovery Process (“APP”). Per the update, Sproutly initially intends to expand the CALIBER brand of products into oil capsules that deliver 5mg of full spectrum THC cannabis, giving consumers full control to dose in 5mg increments. “CALIBER has been carefully curated with the cannabis connoisseur in mind. The unique benefits of BioNatural Oil, combined with high quality flower grow and genetics,…

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TuesdayJul 16, 2019 9:35 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Releases Q4, Fiscal Year 2019 Financial Highlights; Provides Corporate Update

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning released its financial results for the three and twelve months ended March 31, 2019. Audited consolidated financial statements for Canopy Rivers for the twelve months ended March 31, 2019, as well as its full Management's Discussion and Analysis (the "MD&A") for the three and twelve months ended March 31, 2019, are available under the company's SEDAR profile and on the company's website. “It was a year full of milestones and significant achievements for Canopy Rivers. Anchored by our go public transaction and listing on the TSX Venture Exchange, eight new investments, and…

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