CannabisNewsBreaks

TuesdayJul 02, 2019 10:37 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters CBD Sector Through Equity Acquisition of Wahupta Ventures

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into an agreement for the right to acquire 51 percent of Wahupta Ventures Inc. of British Columbia, a Canadian hemp company, staking its position in the CBD sector. Per the update, Redfund has secured the right to purchase 19.9 percent of Wahupta, and will have the option on an additional 31.1 percent upon completion of the due diligence process and the signing of a definitive agreement no later than October 1, 2019. “Many Canadian merchant banks have followed our debt financing model and while it is exciting…

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TuesdayJul 02, 2019 9:52 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Enters Agreement with Lifespot to Develop and Distribute Software and Vaporizer Technologies

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning announced its entry into an exclusive Heads of Agreement with Lifespot Health Limited (ASX: LSH) to develop and distribute Lifespot’s software and vaporizer technologies. According to the update, Lifespot, through its Seng Vital and Bodytel GmbH subsidiaries, will provide its vaporizers that are Bluetooth-enabled and can be used for recreational cannabis consumption, as well as the Bluetooth Bodytel(TM) platform, which collects and manages consumer data in a compliant record keeping system that meets privacy regulations and is beneficial to consumers. “Smartphone Bluetooth technology is the future…

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TuesdayJul 02, 2019 9:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) to Release Q3 2019 Earnings, Host Conference Call

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., this morning announced that before market open on Monday, July 15, 2019, the company will report its third quarter earnings results for its fiscal year ended August 31, 2019. In addition, the company will be hosting a conference call to discuss the results on July 15 at 8:00 AM ET. To join the call, dial 1-866-211-4093 for the toll-free North America line or 647-689-6727 for the international line. Following the call, a replay of the webcast will be available for 90 days at Organigram.ca/Investors. To register to join the…

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MondayJul 01, 2019 2:34 pm

CannabisNewsBreaks – ChineseInvestors.com Inc. (CIIX) CEO Forecasts Persistent Revenue Growth for FY2020

ChineseInvestors.com’s (OTCQB: CIIX) CEO Warren Wang recently projected that the company’s sales will reach $11-12 million in FY2020 during an interview on the Redchip Money Report with host Dave Gentry (http://cnw.fm/fM0Gk). An article further discussing the company reads, “While CBD plays an important role in the growth of CIIX, Wang reminded viewers that the diverse company has numerous services focusing on delivering daily financial investment news through its online information portal, radio and TV shows, as well as online/offline cryptocurrency investment classes. The company’s website, ChineseFN.com (http://cnw.fm/y4mDm), has a following of more than 100,000 registered users and 5,000 subscribers.” To view…

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MondayJul 01, 2019 9:48 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Exclusive Agreement to Acquire Lifestyle Delivery Systems

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) on Saturday announced its entry into an exclusive agreement for the acquisition of Lifestyle Delivery Systems Inc. (CSE: LDS) (FSE: LD6) (WKN: A14XHT) (OTCQX: LDSYF) ("LDS"). According to the update, the companies will negotiate a proposed business combination that’s expected to involve TransCanna’s acquisition of all outstanding common shares of LDS at a price equal to the greater of $51,660,140 payable in common shares of TransCanna and the amount resulting from a fixed exchange ratio of one TransCanna common share for every 10 LDS common shares. "This has the potential to be a…

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FridayJun 28, 2019 3:07 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) to Utilize NanoFusion Technology in Hemp-Infused, Freeze-Dried Pet Food

Geyser Brands (TSX.V: GYSR), through its acquisition target Solace Management Group Inc., recently announced an innovative hemp-infused, freeze-dried pet food. The company plans to utilize NanoFusion technology in the product’s development. An article discussing the company reads, “The company’s announcement aligns with its vision to help people and their pets worldwide with a range of discomfort and healthcare issues (http://cnw.fm/9AXsi), and to support innovation through R&D and product development. This latest new brand, WildTails, joins the success of Solace’s impressive Apawthecary Pets brand. WildTails’ freeze-dried infused products will be available in single-ingredient servings of white fish, beef and chicken (http://cnw.fm/6xwrK). As…

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FridayJun 28, 2019 1:45 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Launches New HRB Turbo Dry Herb Vaporizer

VPR Brands LP (OTC: VPRB), a market leader specializing in vaporizers and accessories for essential oils, CBD and electronic cigarettes, today announced the launch of its new HRB Turbo Dry Herb Vaporizer by HoneyStick. The HRB Turbo is an ultra-premium pocket dry herb vaporizer and is available for purchase now for only $99.00 (http://cnw.fm/TEv2e). “The HRB turbo is the best dry herb vaporizer with an MSRP under 100 dollars currently on the market. 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 that's doesn't want to…

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FridayJun 28, 2019 12:45 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Strengthens Position as Industry Leader through City Cannabis Acquisition

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) recently inked a share agreement to acquire all issued and outstanding shares of City Cannabis Corp. (http://cnw.fm/1amKO). An article further discussing the company reads, “Wildflower’s acquisition of City Cannabis’ shares strengthens Wildflower’s status as an industry leader and brand-focused cannabis company. . . . ‘City Cannabis is no doubt the fastest-growing, multiple-location cannabis retailer in British Columbia,’ Wildflower CEO William MacLean stated in a news release. He referenced the acuity of the City Cannabis team in identifying key dispensary locations, as well as its industry knowledge and ability to work with all levels of regulators.…

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FridayJun 28, 2019 12:37 pm

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Reaches Key Milestone with First Commercial Sale of Cannabis Flower in Canada

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis products, recently announced its first commercial sale of cannabis flower in Canada (http://cnw.fm/1xApK). The sale marks a major achievement for the company and signifies the commencement of a new revenue stream. An article discussing the company reads, “Currently, Sproutly awaits its sales license from Health Canada. Once the license is received, followed by a thorough inspection, Sproutly may consider selling more wholesale craft flower to ensure consistent revenue generation. Following the receipt of its sales license from Health Canada, Sproutly plans to sell…

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FridayJun 28, 2019 9:34 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) Secures Approval from FINRA to Change OTC Ticker Symbol

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: IONKF), formerly Zara Resources Inc., on Thursday announced that it has received approval from the Financial Industry Regulatory Authority, Inc. (“FINRA”) to change its OTC ticker symbol from “ZRRRF” to “IONKF,” effective June 27, 2019. IONIC Brands will continue to trade on the Canadian Stock Exchange under “IONC” and on the Frankfurt Stock Exchange under “IB3”. To view the full press release, visit http://cnw.fm/1Znxc About IONIC Brands Corp. IONIC Brands is a national cannabis holding company based in Washington and led by a team of successful entrepreneurs. The company is…

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