CannabisNewsBreaks Archive - Page 238 of 420

ThursdayMay 02, 2019 10:27 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Enters Financing Agreement with Cannamerx

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with the Cannabis Mercantile Exchange ("Cannamerx"), one of the first live cannabis and hemp auction platforms. Per the update, Redfund intends to finance the Cannamerx business model and build its global footprint of clientele. “Cannamerx has increased their client-base almost 30% since our first meetings in March 2019; 57 clients to over 80. They have added hemp biomass and hemp products and the new automated spot auction ability for their traders, making it the go-to global cannabis exchange,” Redfund CEO Meris Kott said…

ThursdayMay 02, 2019 10:19 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Releases Q4 and Year-End 2018 Financial Results Reflecting Soaring, Record Revenues

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Wednesday released the company’s audited financials for the quarter ended and calendar year ended December 31, 2018. According to the update, revenue growth, reported in USD, was reflected in annual revenues that soared to $8.4 million in 2018, reflecting a 681 percent increase over 2017 revenues of $1.1 million. Fourth quarter revenues for 2018 reached a record $3.1 million, a 31 percent increase over the third quarter and 770 percent increase over the fourth quarter of 2017. “We remain proud that PLUS had significant growth in both revenue and…

ThursdayMay 02, 2019 9:48 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (FRA: IB3) Pairs Certified Clean Program with Revolutionary Lucid Green Technology Platform

IONIC Brands Corp., formerly Zara Resources Inc. (CSE: IONC) (FRA: IB3), on Tuesday announced that its flagship brand, Ionic, is the first to launch the revolutionary Lucid Green, Incorporated (“LG”) technology platform. According to the update, the powerful platform, designed to provide vital safety information about cannabis products and to increase transparency and trust within the industry, will serve as an enrichment to the Ionic Certified Clean Program. “In an effort to craft the finest quality products on the market and provide our customers with true and accurate information, we have paired our Ionic Certified Clean program with the trust…

ThursdayMay 02, 2019 9:21 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Deal with Highmark Interactive to Sponsor Clinical Research in CBD

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that it has signed an agreement with Highmark Interactive to study the cognitive and functional neurological effects of cannabinoids through clinical research utilizing Highmark’s mobile software, EQ – Active Brain Tracking. The research aims to produce meaningful data and results that could reveal novel paths of understanding about the cognitive and functional neurological properties of cannabinoids. “Wildflower continues to receive a flood of testimonials from consumers on our products that support wellness and health needs through plant-based solutions. We always strive for improvements in our products and our understanding of those…

WednesdayMay 01, 2019 2:34 pm

CannabisNewsBreaks – Why Geyser Brands Inc. (TSX.V: GYSR) Is ‘One to Watch’

Consumer healthcare company Geyser Brands (TSX.V: GYSR) engages in the development and marketing of cannabis products and brands in the nutraceutical, cosmetics, food-and-beverage and pet sectors. A recent article discussing the company reads, “Geyser Brands’ integrated production chain and formulation lab develops innovative products using high-quality hemp and CBD for healthy lifestyle brands while its R&D lab produces product formulations designed to enhance bioavailability of hemp and CBD and shelf stability while maintaining all-natural ingredients and ensuring premium quality. . . . Geyser Brands will continue to seek opportunities to invest into the research and development of unique, high-quality proprietary…

WednesdayMay 01, 2019 9:50 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Epican Receive Second CLA License, Announce Launch of Montego Bay Retail Dispensary

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), in conjunction with its 49.18 percent owned Epican Medicinals, this morning announced the opening of its second legal cannabis retail store in Jamaica. Located on popular Montego Bay's “Hip Strip,” the dispensary will open for business on May 4, 2019. The Montego Bay store is the second Epican dispensary to open, after opening its Kingston-based Herb House in June 2018. Epican is the first fully integrated company with a second retail license from Jamaica's Cannabis Licensing Authority (“CLA”). “We are proud of what the team in…

WednesdayMay 01, 2019 9:20 am

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Entering CBD Retail Space with FLORAH Lifestyle Boutiques

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its expansion into the cannabidiol (“CBD”) retail sector through ‘FLORAH’, the latest addition to its operational and investment portfolio. With its flagship location on Melrose Ave in West Hollywood, FLORAH is a concept boutique that teaches patrons the benefits of CBD and offers CBD lifestyle, wellness, beauty and pet products. “Growth of the CBD retail sector is accelerating, and we expect to show leadership in the space,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “Now that we have secured financing and a retail location, we will diligently work…

TuesdayApr 30, 2019 12:00 pm

CannabisNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) City Cannabis Acquisition to Include Cambie Street Location

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that the city of Vancouver has approved and issued a building permit for City Cannabis Co’s 2317 Cambie Street location, which will be included in Wildflower’s previously-announced and pending acquisition of the company. Per the update, with the City of Vancouver’s letter of recommendation to the Provincial Liquor and Cannabis Regulation Branch, City Cannabis is on track for the targeted opening of its third Vancouver location in Summer 2019. “City Cannabis is the first multiple location operator to come out of British Columbia and has a proven track record in opening and…

TuesdayApr 30, 2019 11:26 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, Abcann Medicinals Inc. and Harvest Medicine Inc., this morning announced the release of its Q4 and 2018 annual financial and operating results. “The VIVO team achieved significant milestones in 2018, leading to substantial increases in net revenue, cash position, production capacity, organizational effectiveness and customer development,” VIVO CEO Barry Fishman said in the news release. “The strategic acquisitions of Canna Farms and Harvest Medicine…

TuesdayApr 30, 2019 10:58 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Extraction Services Provider Obtains Organic Certification

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its Kelowna-based extraction processing services provider, Valens GroWorks Corp., has obtained its organic certification from Pro-Cert Organic Systems Ltd. “TGOD has been committed to organic since day one. Working with service providers who embrace organic as much as we do is paramount. I want to congratulate the team at Valens for obtaining their organic certification,” Brian Athaide, CEO of TGOD, stated in the news release. “We look forward to delivering certified organic oils of the highest standards to our patients and…

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