CannabisNewsBreaks

MondayJul 15, 2019 9:44 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Reports Q3 Fiscal 2019 Results, Hosts Earnings Call

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its financial results for its fiscal third quarter ended May 31, 2019. “We continued to report strong sales in our third quarter and now have distribution in all ten provinces,” Organigram CEO Greg Engel said in the news release. “In our fiscal year to date, we have generated strong operating and financial results, placing us among the leaders in the Canadian industry. While we saw a temporary reduction in yield per plant in Q3 due to temporary changes in growing…

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FridayJul 12, 2019 2:51 pm

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Acquires 49% Interest in Budding Cannabis Industry Disruptor

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, recently reported the completion of its purchase of a 49% interest in Cannova Medical Ltd. The company also holds the option to acquire the remaining 51% interest in Cannova. A recent article discussing the company reads, “Cannova Medical is a provider of innovative solutions for cannabis consumption. Pursuing its interest in investment across all vertically integrated aspects of the cannabis sector, with a focus on strategic revenue generation, Nabis selected Cannova because of its innovative…

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FridayJul 12, 2019 2:11 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Sponsors a Cannabis Voter’s Guide to Presidential Candidates

VPR Brands LP (OTC: VPRB), a market leader specializing in vaporizers and accessories for essential oils, CBD and electronic cigarettes, recently announced the availability of a guide the company sponsored for cannabis voters that details the 2020 presidential candidates. An article discussing the company reads, “‘The time has come to elect a president who’ll establish a nationwide standard for cannabis as a legal substance, distributed through a regulated industry with access to capital markets, with pardons and reparations considered for those who found themselves ahead of the law,’ VPR Brands CEO Kevin Frija stated in a news release. ‘I looked…

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FridayJul 12, 2019 10:08 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Interview with RedChip Money Report to Air on Bloomberg International

Technology and investment company SinglePoint (OTCQB: SING) this morning announced that an interview with SING CEO Greg Lambrecht will air on The RedChip Money Report, a program delivering insightful commentary on small-cap investing, financial book reviews, and featured interviews with executives of public companies and Wall Street analysts. The exclusive SING interview, where Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space, will air Sunday, July 14, 2019, on Bloomberg International. The program will be available in 149 million homes across Europe, the Middle East and Africa according to local listing times.…

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FridayJul 12, 2019 9:33 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Finalizes Acquisition of Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Blissco Cannabis (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B:GR) on Thursday announced that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement between the two companies. Per the terms of an arrangement agreement dated May 16, 2019, Supreme Cannabis will acquire all issued and outstanding common shares of Blissco. The companies plan to close the acquisition on July 12, 2019. “With the closing of this acquisition, Supreme Cannabis will expand its portfolio to include a consumer-focused brand that specializes in products for…

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ThursdayJul 11, 2019 3:24 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Subsidiary Secures Coveted Standard Processing License

Geyser Brands’ (TSX.V: GYSR) wholly owned subsidiary, Apothecary Botanicals, recently achieved a major milestone when it received its standard processing license, enabling Geyser to advance its brands (http://cnw.fm/8FyOi). An article discussing the company reads, “The new license allows Geyser to begin work to extend its cannabidiol products to the regulated Canadian consumer medical market as the company awaits its sales license. The company’s nano-emulsion technology carries oil and hemp terpene-infused benefits quickly and efficiently into the bloodstream for rapid relief of pain while boosting the body’s general abilities with all-natural ingredients. . . . In keeping with its mission to develop…

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ThursdayJul 11, 2019 3:06 pm

CannabisNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Retail Arm Seeks Retail, Financial Investment Partnerships

City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., is eyeing a bright future for its shareholders as Budd Hutt, the company’s retail arm, pursues strong financial investment partners and retail partnerships throughout Canada. CVGR holds a 19.9% equity position in Budd Hutt. An article discussing the company reads, “For retail-focused cannabis company Budd Hutt, the addition of brick-and-mortar retail stores would cement the brand and the company in the recreational-cannabis market while it prepares for growth in Ontario and other key markets in the near future. . . . The company expects to announce a retail partnership prior…

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ThursdayJul 11, 2019 2:40 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Focuses on Expanding Suite of CBD, Hemp-Derived Products

Vancouver-based cannabis company Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) has been diligently working on a strategic initiative to expand its product offerings. A recent article discussing the company reads, “In March 2019, the company announced that it was expanding its offerings through the introduction of Pure and Pure Plus tinctures. Both feature hemp-derived CBD, hemp-seed oil and milk thistle. The tinctures provide relief from inflammation and support for healthy liver and heart function. . . . Wildflower announced that it will continue working on new releases as a part of the company’s ongoing product development efforts. The company has also…

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ThursdayJul 11, 2019 10:39 am

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Announces Cannabis Biopesticide R&D Program with National Research Council Canada

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced that a biopesticide R&D program is underway with the National Research Council Canada (“NRC”). According to the update, the R&D team is conducting a series of efficacy assessments of MustGrow’s patented biopesticide as a natural pre-plant, pre-pot soil treatment for diseases and pests that affect cannabis production. MustGrow intends to seek approval of its natural biopesticide from Health Canada for eventual use by Canada’s licensed cannabis producers. Currently, the R&D program is targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada’s…

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ThursdayJul 11, 2019 10:27 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Partners with American Eagle Outfitters, Inc. (NYSE: AEO) to Provide Specialty Line of CBD-Infused Personal Care Products

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a purchase order from American Eagle Outfitters, Inc. (NYSE: AEO), through which it will sell hemp-derived cannabidiol (“CBD”) infused personal care products in nearly 500 American Eagle stores and online. According to the update, the purchase order represents GGB's third major wholesale agreement since passage of the 2018 Farm Bill. Sales of the products exclusively developed for American Eagle, including a wide assortment of CBD-infused personal care items such as lotions, muscle balms and aromatherapy, are expected to begin in October 2019. “We are very…

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