CannabisNewsBreaks

ThursdayJun 06, 2019 3:08 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Reports Increased Revenues, Reduced Net Loss

Innovative technology holding company VPR Brands LP (OTC: VPRB) released the results of fiscal operations for first quarter 2019. Among other highlights, the company reported continually increasing revenues and a narrowing net loss. An article discussing the company reads, “VPRB’s revenues grew about 31% year over year to $1.3 million for the quarter, according to the report (http://cnw.fm/9zIkG), continuing the trend reported for the full year in 2018, when revenues grew nearly 28% to $4.6 million (http://cnw.fm/VV3lE), and indicating that the company has begun 2019 at a strong pace that could eclipse the prior year if it continues. . . .…

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ThursdayJun 06, 2019 10:22 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Begins Trading on OTCQX Best Market; Acquires Option to Purchase California Based Cannabis Oil Manufacturer

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has qualified to trade on the OTCQX Best Market and will begin trading today, June 6, 2019, under the symbol “PLPRF.” The company’s shares will continue to trade under the symbol “PLUS” on the Canadian Securities Exchange. “Plus Products joins more than 175 companies that cross-trade their shares in Canada and in the U.S. on the OTCQX Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Upgrading to OTCQX from the OTCQB Venture Market enables companies to…

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ThursdayJun 06, 2019 9:37 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reports 2019 AGM Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced the results of its annual general and special meeting of shareholders held on June 4, 2019. According to the update, VIVO Cannabis shareholders approved a number of resolutions at the meeting, including: the re-appointment of MNP LLP as the company’s auditor for the 2019 fiscal year; fixing the number of company directors at six; the election of directors; and ratification of the company's 2017 Stock Option Plan. A total of 122,552,741 of the 294,800,314 company common shares outstanding as at the record date were voted at the meeting, representing 41.6 percent…

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WednesdayJun 05, 2019 3:18 pm

CannabisNewsBreaks – Hempsley.com Partners with Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) to Introduce All-Natural CBD Line

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), was the feature of an article on Hempsley.com titled ‘Introducing: Wildflower’. Hempsley is teaming up with Wildflower to give customers a CBD experience free of fertilizers and pesticides. Helping consumers feel confident in their choice of 100% naturally grown CBD products, the article highlights Wildflower's many products, including its CBD+ Pure Tincture. By adding a dropper full of the tincture to meals, customers get a healthy source of fats and nutrition. Wildflower's CBD+ Pure Tincture is available to purchase on the company’s website at http://cnw.fm/i28Jr. To view the full article, visit http://cnw.fm/elA33 About Wildflower Brands…

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WednesdayJun 05, 2019 3:14 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Infomercial Features Real-life Success Story

Florida-based biotech company Earth Science Tech (OTCQB: ETST) recently began an informercial campaign that tells the real-life story of the impact of ETST cannabinoids on a consumer. A recent article discussing the company reads, “The infomercial is introduced by Kevin Harrington, identified as an original shark on the TV show Shark Tank. He explains that ETST’s full-spectrum cannabinoids can help the ‘aches or pains’ issue (http://cnw.fm/N0m8e). The spot then tells the success story of real-life customer Rhoda Friedman, who credits her improvement in mobility and lifestyle to ETST’s full-spectrum cannabinoids. As the infomercial ends, viewers are invited to buy ETST…

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WednesdayJun 05, 2019 12:24 pm

CannabisNewsBreaks – HempFusion Progressing with $30M Funding Initiative

On Tuesday, HempFusion, a leading U.S. hemp-based CBD company with distribution to over 3,400 retailers and an expanding product catalog, announced its engagement of RADD Capital, a partner of NetworkNewsWire, for advisory services related to its 2019 private funding initiative of more than $30 million. HempFusion co-founder and President Jason Mitchell noted in the release that the capital raised through the initiative is expected to be “a key building block to (HempFusion’s) planned growth and help accelerate (its) expansion throughout the United States and global markets including Europe, Asia, Australia, Canada, the Middle East and South America.” HempFusion is currently…

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WednesdayJun 05, 2019 12:02 pm

CannabisNewsBreaks – MjMicro Conference to Kick Off With Key Sessions to Stir Industry Buzz

MjMicro Conference (www.MjMicro.com) will kick off at the Westin Grand Central in New York City on June 25, 2019, with key sessions to stir cannabis industry excitement. The initial lineup for the event will feature keynote presentations by Canopy Growth Corp., Sadis Goldberg, Acreage Holdings Inc. and Virdian Capital Advisors. “MjMicro will kick off with very intentional and specific sessions prior to the core corporate presentations from 21 exciting publicly traded opportunities,” George Jage, president and COO of MjLink.com and producer of MjMicro, stated in a news release. “When designing a well-run conference, it is key to include content that…

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WednesdayJun 05, 2019 10:04 am

CannabisNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Official Move-In Date for Denver Production Facility

Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning announced June 10, 2019, as the official date that the company will move into its new 25,000-square-foot production facility in Denver, Colorado. According to the update, a new financing agreement is funding equipment to outfit the facility, and the company anticipates a five-fold increase in total production levels in the first three months following delivery and installation. “We are excited to get into the new facility, get organized, and ramp up operations,” DVLP CEO Stavros Triant stated in the news release. “This…

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TuesdayJun 04, 2019 11:55 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Chief Science Officer Featured in Investorideas.com Interview

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced that its Chief Science Officer Dr. Arup Sen was featured in an interview in a special edition of Investorideas.com potcasts. Investorideas.com is a global news source covering leading sectors including cannabis. In the interview, Dr. Sen discusses Sproutly's recent developments and the company’s approach in the Canadian cannabis beverages market expected to open up this fall. “We will be pretty much standing alone in the field of making beverages that will include natural chemicals in their natural state from cannabis and hemp plants,” Sproutly CSO Dr. Arup Sen said…

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TuesdayJun 04, 2019 11:01 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Expands MSO Presence Through Agreement to Acquire Spring Oaks

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it has entered an arm's length definitive agreement to acquire all of the issued and outstanding shares of capital stock of Spring Oaks Greenhouses, Inc. Per the update, Spring Oaks holds a medical marijuana dispensary license, received in April 2019, and authorization to operate as a Medical Marijuana Treatment Center in the state of Florida. Under the license, Spring Oaks is authorized to initiate production, processing and dispensing of medical marijuana and marijuana products. In addition, the medical marijuana dispensary license grants the right, but not the…

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