CannabisNewsBreaks

TuesdayMay 14, 2019 11:10 am

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Announces Corporate Initiative to Develop AI-Based Hemp Cultivation Monitoring Systems

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new corporate initiative to develop cultivation monitoring systems for hemp and other agricultural commodities that will allow active monitoring of conditions in real time. Per the update, the Artificial Intelligence (“AI”) driven devices, placed at various field locations, will gather vital information about soil moisture, temperature, humidity, etc., linking the data back to central control systems. “Hemp is becoming one of the world's most valuable crops. Cultivators and investors are actively seeking ways to monitor the health of the crop to ensure maximum yields,” Sugarmade…

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TuesdayMay 14, 2019 10:26 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Enters LOI for Large Hemp Farming Operations in California

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced its entry into a Letter of Intent (“LOI”) with Essence Farms, LLC to form a joint venture (“JV”) called the Riverside Hemp Project. According to the update, the focus of the JV is to run California farming operations for the purpose of growing, cultivating, manufacturing, extracting and selling legal hemp and hemp-derived CBD. “MCOA strives to be a leader in producing and distributing hemp, and we believe this joint venture will allow the Company to further its vision by establishing itself as a premier company in…

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TuesdayMay 14, 2019 10:18 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Health Canada Approval to Expand Cultivation Operations into New Hamilton Building

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced its receipt of Health Canada approval, under the Cannabis Regulations, to expand operations into its new state-of-the-art building located in Hamilton, Ontario. According to the update, planting will start in the coming weeks at the 20,000 square foot indoor facility that will be used for cannabis cultivation. “This is yet another important milestone for our team as we continue to ramp up production with a focus on executional excellence,” Brian Athaide, CEO of TGOD said in the news release. “We have pioneered the…

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TuesdayMay 14, 2019 9:33 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Release of Q3 2019 Financial Results

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Monday announced the release of its financial and operating results for the three and nine months ended March 31, 2019. “Our company is pleased with the results of our third quarter financials and with the progress made thus far on our strategic priorities for the 2019 calendar year. This quarter saw a marked increase in revenue on both an annual and quarter-over-quarter basis. This revenue growth was driven by an increase in our capacity at the 7ACRES facility, a ramping up of our product packaging capabilities and, we believe, consumer…

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MondayMay 13, 2019 12:01 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) to Present at Third Annual Canaccord Genuity Cannabis Conference

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) today announced that its co-founder and CEO, Jake Heimark, will present and meet with investors at the Third Annual Canaccord Genuity Cannabis Conference on May 14, 2019. The conference will be held in New York City at the Grand Hyatt. Heimark’s presentation will begin at approximately 1:20 pm Eastern Time, and will be webcast live as well as being available for 90 days at http://cnw.fm/t5J5a. To view the full press release, visit http://cnw.fm/oo8OO About Plus Products Inc. PLUS Products creates safe and delicious cannabis food products. PLUS’s mission is…

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MondayMay 13, 2019 11:46 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters German CBD Market through Mediakos Distribution Agreement

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its wholly owned subsidiary, HemPoland, has entered into an agreement with Mediakos UG haftungsbeschraenkt. Under the agreement, HemPoland will be the exclusive distributor of Mediakos’ premium hemp CBD brand, CannabiGold, for the German pharmacy market. "With a population of over 82 million, Germany plays a pivotal role in TGOD's international expansion strategy," Brian Athaide, CEO of TGOD, stated in the release. "We are thrilled to be working with Mediakos' experienced team as we continue to solidify CannabiGold's position as a leading…

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MondayMay 13, 2019 11:32 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Receives Health Canada Approval for Additional Production Capacity

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has obtained Health Canada approval for 50,000 square feet  of additional production space at its Kincardine, Ontario, facility. According to the update, five additional rooms will increase 7ACRES’ total flowering space from 180,000 sq. ft to 230,000 sq. ft, increasing estimated annual production capacity from approximately 26,250 kg to 33,580 kg. "With five more flowering rooms at 7ACRES now approved by Health Canada, the finish line is in sight," Supreme Cannabis President and Founder John Fowler said in the news…

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MondayMay 13, 2019 10:37 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Featured on BTV Video Broadcast on BNN

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced that the company was featured on BTV video, which was broadcast this past weekend on BNN. “TransCanna continually looks for ways to communicate our initiatives with current and future shareholders. BTV represented a great opportunity for us to share our vision and build this support on a go forward basis,” TransCanna CEO Jim Pakulis said in the news release. “We will continue to use this platform as we move and be able to share our progress in Modesto.” To view the featured broadcast, visit http://cnw.fm/En5O0 To view the full press…

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MondayMay 13, 2019 10:19 am

CannabisNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Enters Definitive Agreement to Purchase Certain Assets from PDT Technologies

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 that, through a wholly owned subsidiary, it has entered a definitive agreement to purchase certain assets from PDT Technologies LLC (“PDT”). According to the update, the assets include extraction and production equipment, rights to lease PDT’s current production facility in Port Townsend, Washington, and exclusive licensing rights throughout Washington state to Chong’s Choice brand products, one of the leading and most recognizable brands in the cannabis space. “Our agreement…

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MondayMay 13, 2019 8:57 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Announces Launch of Dr. Klein CBD Nutraceutical Line

Medical cannabis-focused merchant bank Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced the launch of Dr. Klein CBD, a new line of pharma-grade infused CBD nutraceuticals that includes skin topicals and bath products. Per the update, the initial rollout of Dr. Klein CBD will focus on the U.S. chiropractic community and online consumer marketing before rolling out globally in the fall. Redfund also welcomed Dr. Robert Klein as a U.S.-based advisor to the company. “We are pleased to support Dr. Klein and the launch of the Dr. Klein CBD brand of pharma-grade CBD topicals and infused…

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