CannabisNewsBreaks

FridayMay 24, 2019 1:46 pm

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Begins Trading on the NASDAQ Global Select Market; Invests $15M in Chocolate Edibles Production Line

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., began trading on the NASDAQ Global Select Market on May 21, 2019. In connection to its new listing, the company entered into a master services agreement with Native Ads, Inc. to provide and manage a digital media marketing campaign at a total cost of approximately CAD$270,000. Organigram also entered into an agreement with Hybrid Financial Ltd. for marketing services to advisors, brokers and institutional investors in North America. Per the agreement, Organigram will pay a monthly retainer of approximately CAD$51,000 to Hybrid. Earlier in the week, the company…

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FridayMay 24, 2019 10:32 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Grant of RSUs Under Equity Incentive Plan

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced approval by its board of directors for the grant of an aggregate of 595,000 restricted share units ("RSUs") to certain of its employees (“RSU Recipients”) under the company's equity incentive plan. Per the update, each RSU will carry the right to receive one of the company’s common shares upon vesting, with all RSUs vesting in equal parts each year for a period of three years. The RSUs will be granted to RSU Recipients as a compensation for their services to Green Growth Brands and as an incentive to…

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FridayMay 24, 2019 10:18 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Expand Western Canadian Footprint Through Alberta Cannabis Supply Agreement

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has secured a cannabis supply agreement with Alberta Gaming, Liquor & Cannabis ("AGLC"), which will further expand its Western Canadian footprint. AGLC is Alberta's legal, non-medical online cannabis store under the brand Alberta Cannabis. “Alberta is an important market for us as we continue to expand our distribution channels across Canada,” TGODF CEO Brian Athaide said in the news release. “With our production facilities in Hamilton, Ontario and Valleyfield, Quebec coming online in phases, we are thrilled to start distributing TGOD's…

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FridayMay 24, 2019 9:33 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Approval for NASDAQ Listing

Canadian cannabis cultivation firm the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced approval of the company’s application to have its common shares listed on the Nasdaq Capital Market. The company will announce a trading date upon its Form 40-F registration statement becoming effective with the United States Securities and Exchange Commission. “We have made tremendous progress against our strategic priorities in 2019, and the approval of our listing on the Nasdaq further enhances our capital markets objectives. This listing provides us with broader access to investors around the world and is a natural progression for Flowr,” commented Vinay…

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ThursdayMay 23, 2019 3:22 pm

CannabisNewsBreaks – Why IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Is ‘One to Watch’

National cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF) is building a robust portfolio of premium and luxury brands in the cannabis sector. A recent article discussing the company reads, “With a focus on quality, responsibility and respectability, IONIC’s product lines are pioneering the changing landscape of cannabis consumption. The company’s refinement practices are a result of a passionate commitment to craft the finest, small-batch cannabis oils and cannabis concentrates in the world — without glycols, glycerins or additives. . . . IONIC’s Certified Clean program verifies that every product leaving the company’s facilities meets or exceeds state mandates…

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ThursdayMay 23, 2019 3:17 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) New Subsidiary Aims to Revolutionize Cannabis Genetics

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) in April announced the launch of a new wholly owned subsidiary, Cambium Plant Sciences. An article discussing the company reads, “In addition to 7ACRES, Supreme Cannabis’ brands include wholly owned subsidiary Cambium Plant Sciences, a cannabis genetics firm. The company recently announced the launch of Cambium Plant Sciences, which is located in Goderich, Ontario (http://cnw.fm/3BaLn). Additionally, its brands include a worldwide partnership with Khalifa Kush Enterprises (“KKE”), led by musician Wiz Khalifa, and its investment in Medigrow Lesotho. . . . In conjunction with Supreme Cannabis’ recent launch of Cambium Plant…

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ThursdayMay 23, 2019 3:10 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Providing High-quality Cannabis Products in Growing Branded Products Space

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) remains focused on delivering premium branded products, which have demonstrated impressive retail growth in the cannabis industry compared to nonbranded products. An article discussing the company reads, “The team at Plus Products realizes that the cannabis industry is moving toward branded products and sees brand strategy as key to accessing strong profit growth. In California alone, nonbranded cannabis products grew by 64% between Q1 2014 and Q1 2018, while branded products saw retail growth of 701% in that same period. The company sees brand recognition as an integral component to…

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ThursdayMay 23, 2019 3:04 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Targets Largest Consumer-based Area with ‘As Seen on TV’ Infomercial

Earth Science Tech’s (OTCQB: ETST) infomercial campaign has been targeting the New York market recently, which the company selected because it is one of the largest consumer-based areas in the United States. The “As Seen on TV” campaign is scheduled to run through July 14. An article discussing ETST reads, “The infomercial (http://cnw.fm/cAk1b) is highly personal, focusing on the improvement in lifestyle of real-life ETST customer Rhoda Friedman. During the ad, Friedman notes how using Earth Science Tech products freed up her movement and improved her lifestyle. The spot explains how case studies have proven that full-spectrum cannabinoids, derived from industrial-grade hemp,…

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ThursdayMay 23, 2019 2:40 pm

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Increases Exposure through Recent Uplisting

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently gained approval to uplist to the OTCQB Venture Market, which the company sees as an opportunity to raise its exposure to investors. The company’s common shares currently trade under the ticker symbol PNNRF (http://cnw.fm/Cpz5P). An article discussing the company reads, “The uplisting is a significant milestone for Redfund Capital, which has undergone a rigorous process to become eligible for trading on the OTC Markets Group-operated venture market, according to CEO Meris Kott. To become eligible, a company needs to undergo annual verification and management certification, file up-to-date and complete financial reports…

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ThursdayMay 23, 2019 11:57 am

CannabisNewsBreaks – Curaleaf Holdings, Inc. (CSE: CURA) (OTCQX: CURLF) Announces Acquisition of Sixth Dispensary in Arizona, Sole Dispensary in Gilbert

Curaleaf Holdings (CSE: CURA) (OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced its acquisition of exclusive rights to operate the Emerald dispensary in Gilbert, AZ, whose license is held by Arizona non-profit corporation Absolute Healthcare, Inc. Per the update, Emerald is the only dispensary licensed to operate in the town of Gilbert, located in the metro Phoenix area, and it will be rebranded as Curaleaf upon closing of the transaction. “This store fits very well into our existing footprint in Phoenix and is expected to be immediately accretive,” Curaleaf CEO Joseph Lusardi said in…

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