CannabisNewsBreaks

TuesdayMay 28, 2019 11:44 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Announces Nevada Market Expansion

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) today announced its expansion into the Nevada market, and first expansion outside of California. Per the update, PLUS has entered into a definitive agreement to partner with TapRoot Holdings Inc., a vertically integrated cannabis company operating Las Vegas, Nevada-based cultivation and manufacturing facilities. “As we look to expand beyond California, we remain committed to producing a consistent product in all jurisdictions,” PLUS Co-Founder and CEO Jake Heimark said in the news release. “We want the PLUS customer to have the same experience with our products whether they buy it in…

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TuesdayMay 28, 2019 10:59 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Health Canada Fully-Licensed Status of Portfolio Company; Hosting Analyst and Investor Day

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company and subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. ("Vert Mirabel"), has received its final cultivation license from Health Canada. According to the update, all Vert Mirabel operating space of 700,000 square feet is now licensed for cannabis production. “We are thrilled that the operational infrastructure at Vert Mirabel is now fully online with over 500,000 sq. ft. already in production,” Canopy Rivers COO Olivier Dufourmantelle said in the news release. “Vert Mirabel is a key asset for Canopy Rivers as it…

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TuesdayMay 28, 2019 10:27 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH(TM) Combined with Nanotech Delivers 1,137 Percent More CBD into Animal Brain Tissue

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that combining Lexaria's DehydraTECH(TM) delivery technology with generic nanotech techniques has been proven to deliver 1,137% more cannabidiol ("CBD") into animal brain tissue following oral ingestion than certain existing industry formulations. According to the update, the results were confirmed in recent testing based on Lexaria’s series of animal studies it announced that it was beginning on March 20, 2019. Results from the studies with multiple objectives, including developing a better understanding of how effectively edible forms of cannabinoids cross the blood-brain-barrier to enter brain…

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TuesdayMay 28, 2019 9:40 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) Announces May 29 Effective Date for Name Change and BC Continuation

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 May 29, 2019 as the effective date for the company’s name change to “Nabis Holdings Inc.” and continuance into the province of British Columbia. The company’s common shares are expected to begin trading on the Canadian Securities Exchange under “Nabis Holdings Inc.” and current CSE ticker symbol “NAB” on or about June 3, 2019. The new CUSIP will be 629523101 and the new ISIN number will be CA6295231014.…

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TuesdayMay 28, 2019 9:28 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Acquisition Target SolDaze Begins Taking Pre-Orders for Spicy Mango Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that SolDaze, a company TransCanna recently entered into a non-binding Letter of Intent (“LOI”) with to acquire its business and assets, has started receiving pre-orders for its new Spicy Mango line of cannabis-infused mango snacks. SolDaze anticipates shipping of the line to begin during the second week of July. “The pre-book orders for our spicy mango are tracking ahead of the pre-booked orders when we launched our original cannabis-infused mango line,” SolDaze president Shawn Shevlin stated in the news release. “We did significant flavor profile testing to come up with a…

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FridayMay 24, 2019 3:54 pm

CannabisNewsBreaks – Hemptown USA Raises $17.2 Million to Fund Expansion Plans

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, announced that it raised $17.2 million (CAD$23.3 million) to fund its planned expansion (http://cnw.fm/LQ4y1). A recent article further discussing the company reads, “A big part of Hemptown USA’s strategy includes the farming of novel cannabinoid strains in addition to cannabidiol (“CBD”). Recently, the company acquired and is now in the process of planting $5.5 million of Oregon CBD seeds, including one million rare cannabigerol (“CBG”) seeds. The CBG seed genetics acquired by Hemptown USA are estimated to yield 10–12% CBG biomass. This move positions Hemptown USA to become…

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FridayMay 24, 2019 3:43 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Tapping Power of AI in Real-Time Tracking, Monitoring System

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) is tapping the power of artificial intelligence to develop an innovative hemp cultivation and agricultural monitoring system. A recent article quotes Sugarmade CEO Jimmy Chan stating, “AI-based monitoring systems are especially beneficial within the hemp cultivation industry. As hemp is turning into one of the most valuable crops in the world, cultivators are seeking effective monitoring methodologies that guarantee optimal yields. The Sugarmade AI platform will enable real-time tracking of field conditions, while also providing intelligent recommendations to mitigate existing issues.” To view the full article, visit http://cnw.fm/sleU9 About…

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FridayMay 24, 2019 3:36 pm

CannabisNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Focuses on Premium Growth, Extraction as Recreational Cannabis Industry Continues to Grow

City View Green Holdings (CSE: CVGR) is on a mission to become a leading purveyor of medicinal and recreational cannabis that provides an exceptional customer experience. In line with this goal, CVGR has secured a master grower and expert extraction team. An article discussing the company reads, “CVGR is working within this quickly growing industry to help curate the cannabis experience for the recreational market consumer and provide guidance for established and new retailers. CVGR sees a strong future in recreational cannabis products and is positioned to produce high-quality edibles, distillates and water-soluble products for the beverage market. Having secured…

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FridayMay 24, 2019 3:12 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) and Moosehead Breweries Partner to Produce Nonalcoholic Cannabis-Infused Beverages

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) and Moosehead Breweries Limited, the largest and oldest beer company in Canada, recently announced an exclusive joint venture for the development and production of nonalcoholic, cannabis-infused beverages. An article discussing the joint venture reads, “Through the use of Sproutly’s proprietary technology, the two companies will work to address some of the most common problems standing in front of mass consumer appeal for cannabis-infused beverages. For many companies, it’s still a challenge to develop a product that has a great taste while ensuring an immediate onset and a controllable experience.” To view the…

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FridayMay 24, 2019 2:58 pm

CannabisNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary Becomes First Chinese Company to Sell CBD Products in the US

ChineseInvestors.com (OTCQB: CIIX), through its wholly owned subsidiary ChineseHempOil.com Inc., doing business as Chinese Wellness Center (“CWC”), recently launched a Glendale, California, mall pop-up kiosk, becoming the first Chinese company to sell CBD products in the United States. An article discussing this reads, “The kiosk began selling industrial hemp/CBD products on May 1, 2019. Products being offered include CWC’s own OptHemp product line, as well as NuLeaf Naturals, Joy Organics, Medterra, Hemp Meds and Medix.” To view the full article, visit http://cnw.fm/QsND9 About ChineseInvestors.com Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis…

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