CannabisNewsBreaks

TuesdayJun 04, 2019 9:42 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files Patents for New DehydraTECH Innovation

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that it has identified improved performance features of a new version of the DehydraTECH(TM) delivery platform primarily suitable for use in solid oral dosage forms like capsules, tablets and pills for the pharmaceutical, medical, and supplement markets. The company’s groundbreaking use of a naturally sourced formulation enhancement more than doubles DehydraTECH's absorption performance compared to prior results. During the company’s animal study, Lexaria tested its DehydraTECH delivery technology with compounds postulated to behave in a synergistic fashion for enhancement of gastro-intestinal absorption, which resulted…

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MondayJun 03, 2019 12:39 pm

CannabisNewsBreaks – Imaging3, Inc. (IGNG) Provides Update on Reverse Acquisition by Grapefruit Boulevard Investments

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, recently provided further updates regarding its reverse acquisition by Grapefruit Boulevard Investments, Inc. (“GBI”), a Los Angeles-based privately held cannabis company, and simultaneous vending of its imaging business into a privately held corporation, which will be partially owned by post-acquisition IGNG. Per the update, the California Bureau of Cannabis Control approved Grapefruit, on May 14, 2019, for its provisional Adult-Use and Medicinal Cannabis Distribution Licensure after meeting state mandated compliance requirements. “Grapefruit has effectively moved from temporary licensure passing yet another…

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MondayJun 03, 2019 12:29 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Participation at Select June Conferences

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select conferences throughout the month of June. The company’s President and Founder John Fowler, General Counsel Sony Gokhale and VP of Sales Craig Young will participate in panel discussions at the Lift&Co. Toronto Expo in Toronto, Ontario on June 6, 7 and 8, 2019. In addition, 7ACRES will showcase at Expo Consumer Weekend, booth 1115, on June 8, 2019. John Fowler will also participate in a panel discussion at World Cannabis Congress in Saint John, New Brunswick on June 17, 2019, as well as present…

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MondayJun 03, 2019 11:42 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Achieves 78% Sales Growth in Q3

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that its third quarter sales were up to $2.5 million, reflecting a 78% increase over the second quarter. According to the update, Wildflower sales have increased every quarter since the company began selling its popular line of hemp CBD products. In addition, Wildflower reported City Cannabis Corp’s financial results for the quarter ending March 31, 2019, and expects to close the City Cannabis acquisition before the end of June. “We are pleased with the financial results of both Wildflower and City Cannabis,” Wildflower CEO William MacLean said in the news release. “Sales…

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MondayJun 03, 2019 10:25 am

CannabisNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) TCM Distribution Receives Adult Use Manufacturing and Distribution Permits from City of Adelanto

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that its wholly owned subsidiary, TCM Distribution, Inc., has received an adult use cannabis manufacturing permit and an adult use cannabis distribution permit from the City of Adelanto, California. According to the update, TCM Distribution applied for the permits after sub-leasing an Adelanto-based 10,000-square-foot warehouse space. In addition, TCM Distribution has applied for its adult use permanent manufacturing license and distribution licenses from the state of California, which are pending. “The purpose of the Adelanto facility is two-fold; first, it’ll be used as one of our southern California satellite facilities for goods…

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MondayJun 03, 2019 9:33 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Acquire 49% Interest of Cannova Medical

Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced its entry into an agreement to purchase 2,260,500 common shares, representing a 49% interest, of Cannova Medical Ltd., and to acquire the remaining 51 percent interest at the option of Nabis. Israel-based Cannova is a provider of innovative solutions for cannabis consumption and has developed a sublingual strip with proven qualities that allow producers to more effectively control dosage quantities, utilizing only organic substances and eliminating unintended side…

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MondayJun 03, 2019 9:22 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) CEO to Participate in Panel Discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian cannabis cultivation firm, on Friday announced that the company’s CEO Vinay Tolia is scheduled to participate in a panel discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference taking place at The Pierre New York in New York City on Thursday, June 6th. Tolia will be available for one-on-one meetings during the conference following the “Accelerating Canadian Players” panel discussion that will be held from 10:15 to 11:00 AM ET. In addition, Flowr is presently advancing its goal to secure distribution in further Canadian jurisdictions including Alberta. Flowr branded recreational products…

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FridayMay 31, 2019 3:37 pm

CannabisNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) CBD+ Wellness Starter Kit Featured in Herb.co Article

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) was recently highlighted in an article authored by Michelle Janikian on Herb.co titled ‘10 Best CBD Oils and CBD Products on the Market’. Comprised of a diverse assortment of CBD oils and products, the article aims to help consumers ‘buy cannabidiol with confidence’. Alongside other favorites, such as Luce Farm’s hemp honey and Green Roads World’s CBD oil, Wildflower’s CBD+ Wellness Starter Kit landed a spot on the list of products highlighted in the article. The kit includes CBD vape pens, capsules, soap, and a cool stick that was designed to deliver quick and…

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FridayMay 31, 2019 1:59 pm

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Displaying Proprietary APP Technological Platform at Conferences

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is on a mission to gain exposure through presentations of its groundbreaking, proprietary Aqueous Phytorecovery Process (“APP”) technological platform at several significant cannabis conferences held throughout the United States and Canada. An article discussing the company reads, “Sproutly executives most recently shared details of the APP process at the Canaccord Genuity Third Annual Cannabis Conference and at the Cannastocks 2019 Q1 Investor Conference, both in New York City (http://cnw.fm/Hid2K). . . . Sproutly is also slated to be a featured exhibitor at the Lift & Co Expo on June 6-9 at the Metro Toronto…

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FridayMay 31, 2019 12:41 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Forecasts Significant Harvest Increase, Plans Industry Expansion

Vancouver-based Geyser Brands (TSX.V: GYSR) is anticipating a yield increase of 200% for its third harvest following the recent completion of its second harvest. Presently, the company is planning to expand its reach in the industry. An article discussing Geyser reads, “Geyser Brands CEO Andreas Thatcher discussed (http://cnw.fm/uQ7MC) the company’s intent to establish itself ‘as a leading provider of health-focused hemp and CBD products in North America, the European Union and Asia.’ Thatcher noted the company’s pending acquisition of Solace Management Group Inc., praising Solace Management’s ‘world-class brands’ that include 23 products and 59 SKUs found in up to 3,000 retail…

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