CannabisNewsBreaks Archive - Page 229 of 419

ThursdayMay 23, 2019 9:39 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Names New Chief Executive Officer; Hosting Analyst and Investor Day May 28

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) has appointed former OMERS venture capitalist and Canopy Rivers President, Mr. Narbé Alexandrian, to Chief Executive Officer of the company, effective immediately. Canopy Rivers’ former CEO, Bruce Linton, will continue to serve as Chairman of the Canopy Rivers Board of Directors. “I would like to thank Bruce, the Board of Directors, and the entire team at Canopy Rivers for the privilege and opportunity to build upon the impressive portfolio and platform that has been developed to date,” Canopy Rivers president and CEO Narbé Alexandrian stated in the news release. “With the global cannabis economy…

WednesdayMay 22, 2019 11:09 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Grants Deferred Share Units Under Equity Incentive Plan; Enters Advisory Agreement with Authentic Retail Concepts

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the grant of an aggregate of 212,636 deferred share units ("DSUs") to certain of its non-executive directors as a compensation for services to the company under its equity incentive plan. Upon vesting, with all to vest as of the date of award, each DSU will carry the right to receive one common share of the company. In addition, the company has entered into an arm's length advisory services agreement with Authentic Retail Concepts, Ltd. ("ARC"). Under the agreement, ARC will perform a variety of ongoing consulting services related…

WednesdayMay 22, 2019 10:13 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Adds New Products to Medical Cannabis Platform; Announces Planned Release of Q1 2019 Results & Change of AGM Venue

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), through its wholly-owned subsidiary, Canna Farms Limited, this morning announced that it has added GTEC Holdings Ltd. (TSX.V: GTEC) (OTCQB: GGTTF) (FRA: 1BUP), sold under the GreenTec(TM) brand, to the licensed producers selling product on its medical cannabis platform. According to the update, the addition to Canna Farm’s recently launched medical cannabis website, now the largest on-line platform for medical cannabis users across Canada, expands the variety of quality products available to medical patients. “Supplying the medical market with high quality standardized cannabis has always been a primary focus for VIVO,” Barry Fishman, CEO…

WednesdayMay 22, 2019 10:01 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Exclusive Distribution Agreement for South Africa

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced the signing of an exclusive distribution agreement for the South African market with Africann, a local company specializing in the distribution of best-of-breed North American hemp products. Presently, Africann distributes to all the top pharmacy, health and wellness chains and independent pharmacy groups in South Africa. “More and more distributors are approaching us from all over the world to distribute Wildflower products. The consistent trend is that they are looking at the U.S. market to find CBD products to test and see what brands would fit the broadest consumer market. As…

TuesdayMay 21, 2019 2:47 pm

CannabisNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) CBD Immunity Vaporizer Fights Flu Symptoms

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), is a Vancouver-based company emphasizing on wellness and health plant-based products. Michelle Lhooq, author of the article 'The Best CBD and Hemp Products for the Tasteful Non-Stoner' on the Strategist, boasts about Wildflower’s CBD Immunity Vaporizer disposable vapes. The unique mixture of CBD, cinnamon eucalyptus, and myrrh help boost the immune system while providing a non-psychoactive effect. It is available for purchase on the company’s website for $59.99 (http://cnw.fm/7FLvs). To view the full article, visit http://cnw.fm/r1h4C About Wildflower Brands Wildflower Brands is a Vancouver-based company developing and designing brands that focus on plant-based health…

TuesdayMay 21, 2019 1:21 pm

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Agripharm Corp. Awarded Outdoor Cultivation License

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company, Agripharm Corp., has received its outdoor cultivation license from Health Canada. According to the update, Agripharm will use award-winning genetics to grow its first outdoor crop this summer at its Creemore, Ontario location. “We are pleased to see Agripharm diversify its operations and increase its growing capacity with the grant of this outdoor cultivation license,” Canopy Rivers COO Oliver Dufourmantelle said in the news release. “Agripharm's outdoor production is ahead of the curve with support from Green House Brands, which provides decades of experience in choosing, and successfully…

TuesdayMay 21, 2019 1:11 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Executes LOI to Acquire Premier Indoor Cultivator Business and Assets

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its execution of a non-binding letter of intent ("LOI"), dated May 17, 2019, with Lyfted Farms, Inc. of Modesto, California. Under the agreement, TransCanna will acquire the business and assets of Lyfted, a state licensed producer of high quality indoor grown cannabis with three permanent state licenses for cultivation (nursery and grow) and distribution. “Being a premier cultivator, we thrive on new, cutting edge processes to generate superior results,” Lyfted Farms President Bob Blink stated in the news release. “We're extremely excited about joining forces with the team at TransCanna.” To…

TuesdayMay 21, 2019 11:44 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Reports Q1 2019 Financial Results, 504% YOY Revenue Increase

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced its financial results for the first quarter ended March 31, 2019. According to the update, total revenues for the quarter were $114,810 compared to $19,010 for the same period last year, representing a 504% increase. “Our first quarter results demonstrate our focus on laying the foundation and investments to establish our presence in the high-growth cannabis, hemp and CBD markets,” MCOA CEO Don Steinberg said in the news release. “During the quarter, we successfully prelaunched our hempSMART line of products in the United Kingdom and promoted…

TuesdayMay 21, 2019 11:38 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) to Acquire ProActive Nutra; President Featured on Investor Ideas Potcast

Technology and investment company SinglePoint (OTCQB: SING) today announced a letter of intent to acquire ProActive Nutra, a GMP, FDA compliant CBD, mushroom and herbal cleanser manufacturing company. According to the update, the company operates in a GMP-compliant facility and currently manufactures over 30 products for the ProActive Nutra brand and many others as a private labeled finished product. “This is an exciting opportunity for SinglePoint. We have been fulfilling CBD products and formulations for customers already, and to bring that process in-house through this acquisition while increasing our revenue as well is a win-win for SinglePoint,” SING CEO Greg…

TuesdayMay 21, 2019 10:40 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces SMP’s Receipt of Cultivation License on Sooke Expansion Facility

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that Specialty Medijuana Products Inc. ("SMP"), of which Choom Holdings is a 9.8 percent equity stakeholder, has received a Health Canada cultivation license on an additional and contiguous site in Sooke, B.C. According to the update, the license was issued and effective on May 17, 2019. “As a stakeholder in SMP, we are thrilled to see SMP receive an additional license from Health Canada,” Choom President and CEO Chris Bogart said in the news release. “As a cannabis retailer, we cannot be more excited to have…

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