CannabisNewsBreaks Archive - Page 239 of 419

TuesdayApr 30, 2019 8:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Receives Expanded Cultivation License from Health Canada for Phases 4A and 4B of Moncton Campus Expansion

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., today announced receipt of an expanded cultivation license from Health Canada permitting its planned phase 4A and 4B expansions for its Moncton Campus. The amendment includes approval of an additional 163,000 sq. ft. of allocated space for 63 cultivation rooms, including the initial 13 cultivation rooms now approved. Based on normal cultivation timelines, the company expects that it will be able to harvest production from the new rooms by the end of July. The full phase 4 expansion represents a total of 77,000 kg of additional annual capacity…

MondayApr 29, 2019 2:05 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Innovative Technology Improves Delivery of Nicotine, Cannabinoids

Biotechnology company and drug-delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has developed and out-licenses its pioneering-drug delivery platform DehydraTECH(TM), which improves the speed, taste and delivery of bioactive compounds, including nicotine and cannabinoids. A recent article discussing the company reads, “Furthermore, the DehydraTECH drug delivery platform increases bio-absorption by up to 10 times and lessens the time of onset, with effects being felt within 15 to 20 minutes, as compared to 60 to 120 minutes without the platform. In addition, the technology is patent protected for cannabidiol (CBD) and all other nonpsychoactive cannabinoids. Patents are also granted…

MondayApr 29, 2019 1:56 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Realizes Key Achievements

Los Angeles, California-based cannabis firm Cannabis Strategic Ventures (OTC: NUGS), through its diverse portfolio of subsidiaries, is focused on supporting entrepreneurial growth within the cannabis sector. An article discussing the company reads, “Thus far in 2019, NUGS has filed an application for uplisting to the OTCQB Venture Market; announced that it will partner with a Santa Barbara County cultivation operation that holds about 40 commercial cannabis licenses in Southern California; revealed that it will add a six-acre Northern California site to its holdings after having obtained over 20 licenses for cannabis manufacturing, distribution and cultivation there; and secured an investment…

MondayApr 29, 2019 1:40 pm

CannabisNewsBreaks – Earth Science Tech Inc.’s (ETST) Total Compliance to the 2018 Farm Bill Drives Competitive Edge Nationwide

Earth Science Tech (OTCQB: ETST) boasts a suite of offerings that are derived from hemp rather than marijuana, making them compliant with the 2018 Farm Bill. This key difference results in a significant edge over competitors by permitting ETST to legally ship its Full Spectrum CBD products to all 50 states. An article discussing the company reads, “Widening its distribution and industry reach, Earth Science Tech offers medical, recreational and industrial hemp through its multiple wholly owned subsidiary companies. Canna Inno Laboratories Inc. allows Earth Science Tech access to Canadian government funding and advancements gleaned from product research and development…

MondayApr 29, 2019 10:39 am

CannabisNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary to Launch Glendale Galleria-Based Pop-up Store to Carry Industrial Hemp/CBD Products

Premier provider of financial news and education services for the Chinese-speaking community ChineseInvestors.com Inc. (OTCQB: CIIX) today announced that its wholly owned subsidiary, ChineseHempOil.com Inc., dba Chinese Wellness Center ("CWC"), plans to launch a pop-up kiosk in the Glendale Galleria mall located in Glendale, California. Per the update, following the scheduled launch on May 1, 2019, the pop-up kiosk will carry various industrial hemp/CBD products, including NuLeaf Naturals, Joy Organics, MedTerra, Hemp Meds, Medix, and CWC's own product line, OptHemp. "We are excited to bring our brand directly to the shoppers in the Greater Los Angeles area," ChineseInvestors.com CEO Warren…

MondayApr 29, 2019 10:12 am

CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) Enters Agreement to Acquire Ownership Stake in The Physician’s Choice CBD LLC

Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) this morning announced its entry into a funding agreement with The Physician's Choice CBD LLC (“PCCBD”) of Phoenix, Arizona, which is dedicated to researching, developing and utilizing the highest quality of hemp-derived cannabidiol (“CBD”) in combination with well-studied and effective supplements to assist in supporting and regulating various symptoms. "This investment in The Physician's Choice CBD is a great opportunity for Chemistree,” Chemistree President Karl Kottmeier commented in the news release. “Dr. Grove and Dr. Kubitz are board certified practicing physicians with training at Harvard and the Mayo Clinic, specializing in pain management.…

MondayApr 29, 2019 9:14 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Impending Launch of Choom-Branded Store in Niagara Falls

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that, on April 26,2019, the Alcohol and Gaming Commission of Ontario (“AGCO”) issued a retail operator license to Lisa Bigioni and a retail store authorization for her Choom-branded cannabis store in Niagara Falls, Ontario. Per the update, the Niagara Falls retail location is expected to open in May 2019. “This is a very exciting time for Choom as we help Lisa to open her store in Niagara Falls using the Choom brand,” Chris Bogart, president and CEO of Choom Holdings, stated in the news release.…

MondayApr 29, 2019 8:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Applies to Uplist to the NASDAQ Global Select Market

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., on Friday announced that it has applied to list its common shares on the NASDAQ Global Select Market. The company intends to file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (“SEC”) ahead of its anticipated NASDAQ listing. Additionally, Organigram refiled its annual financial statements for the fiscal years ended 2017 and 2018 to include statements in the audit report of the public accounting firm to assure accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. The uplisting…

FridayApr 26, 2019 3:14 pm

CannabisNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Operational Efficiency to Rise as Completion of Facility Approaches

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, recently detailed various milestones the company reached in the fourth quarter of 2018 and provided insight into upcoming activities. An article further discussing the company reads, “’The fourth quarter of 2018 marked a major milestone for Flowr, as we launched our medicinal and recreational sales channels after receiving our licenses in August 2018, and sold nearly 406 kilograms of premium cannabis, despite having only 20% of our grow rooms in Kelowna 1 operational during the quarter itself,’ Flowr Co-CEO Vinay Tolia said in a news release (http://cnw.fm/0Tang). .…

FridayApr 26, 2019 3:01 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Poised to Profit after Passing of Legislation

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is expected to profit from cannabis banking legislation if it is approved by Congress. A recent article discussing the legislation reads, “The lack of banking services has led the cannabis enterprises to transact finances, including corporate taxes, in sometimes large sums of cash that can’t be legally mailed and have to be carried to their destinations, creating fears of heightened criminal vulnerability as the cash is moved. However, the new Congressional measures would block federal agencies from being able to ‘prohibit, penalize, or otherwise discourage a depository institution…

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