CannabisNewsBreaks

FridayMay 03, 2019 2:53 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Tapping into Fast-Growing Beverage and Consumables Market

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is steadfast in its commitment to become the top supplier of water-soluble cannabis solutions and bionatural oils to the evolving beverage and consumables market. A recent article discussing the company reads, “Bio Natural Oils deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form. Cannabis edibles are quickly becoming a popular option for cannabis consumers, and they even broke into a list of the top 10 food trends of 2018, moving…

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FridayMay 03, 2019 10:21 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces May Speaking Engagements at Select Capital Markets, Cannabis Conferences

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select capital markets and cannabis conferences that are scheduled throughout the month of May. The company’s chief financial officer Nikhil Handa will present to investors and attend one-on-one meetings on May 14, 2019 at the Canaccord Cannabis Conference and on May 15, 2019 at the OTC Cannastocks2019 Q1 Conference, both to be held in New York City, New York. In addition, Supreme CEO Navdeep Dhaliwal will present to investors and attend one-on-one meetings on May 16, 2019 at the BMO 14th Annual Farm to Market…

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FridayMay 03, 2019 10:12 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives EU GMP Certification, Enters Comprehensive Distribution Agreement

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has been issued a Good Manufacturing Practice ("GMP") certificate in accordance with the rules governing medicinal products in the European Union ("EU") for its Mississauga, Ontario, Canada facility. According to the update, TerrAscend has also entered into a comprehensive sales and distribution agreement with German pharmaceutical wholesaler iuvo Therapeutics GmbH ("iuvo"). “We applaud TerrAscend for achieving one of the highest and most rigorous levels of quality certification in the world,” Canopy Rivers President Narbe Alexandrian said in the news release. “TerrAscend is…

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FridayMay 03, 2019 9:31 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gains Approval on Settlement Offer for Cannabis Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that the settlement offer, finalized and signed between the Hamilton City Council and the company, was approved by the Local Planning Appeal Tribunal at a May 2, 2019 meeting. According to the update, the Ancaster, Ontario facilities will be capable of growing 17,500 kgs of premium certified organic cannabis on an annual basis. “This completes this chapter of our journey,” TGODF CEO Brian Athaide said in the news release. “We look forward to growing and producing high-quality, certified organic cannabis right here in…

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FridayMay 03, 2019 9:19 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire Biovelle; Forms Hemp Division

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced the execution of a non-binding Letter of Intent (“LOI”) dated April 30th, 2019 to acquire the branding asset package Biovelle (www.Biovelle.com). Biovelle is an organic, non-GMO, vegan and gluten free hemp infused CBD coconut oil. The completion of the acquisition is subject to the conclusion of due diligence and the execution of final binding definitive asset purchase documentation. “With the passing of the Farm Bill and the explosive growth of the hemp sector we decided to expedite our formation of our hemp related division. Acquiring Biovelle is the perfect fit. It…

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ThursdayMay 02, 2019 3:24 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Strengthens Portfolio via Premier CBD Processing Lab Acquisition

Green Hygienics Holdings (OTCQB: GRYN), a premium cannabis firm, recently added one of North America’s leading CBD processing labs to its portfolio through the acquisition of Coastal Labs (http://cnw.fm/nH3Xu). An article discussing the company reads, “Coastal Labs (www.CoastalLabs.com) specializes in being an exclusive provider of state-of-the art extraction techniques and equipment for the cannabis industry, in addition to providing wholesale distribution for clients looking to purchase in bulk. Coastal Labs was founded as an exclusive provider for a limited clientele demanding the highest purity standards. The company initially began sales in CBD isolate production when there was an extreme shortage in…

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ThursdayMay 02, 2019 3:05 pm

CannabisNewsBreaks – City View Green Holdings Inc.’s (CSE: CVGR) Retail Partner Strengthens Executive Team

City View Green Holdings (CSE: CVGR) applauded Budd Hutt Inc.’s recent appointment of Craig Belcher as its new CEO (http://cnw.fm/XgVc7). CVGR owns a 19.9 percent stake in its retail partner Budd Hutt, which is focusing on securing retail shelf space and obtaining distribution opportunities. A recent article discussing CVGR reads, “The company anticipates producing edible products, distillates and water-soluble products for the beverage market. Its partner, Budd Hutt, will be charged with securing retail shelf space and expanding distribution opportunities for the CVGR line. . . . ‘Having City View Green as a key partner in Budd Hutt Inc., with their…

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ThursdayMay 02, 2019 2:55 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Subsidiary Increases European Penetration

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) plans to expand its hempSMART subsidiary’s European footprint with prelaunch events planned in the Netherlands and Germany during the second quarter of 2019. An article discussing the company reads, “MCOA is following up on the successful launch of hempSMART in London, where all promotional inventory was sold and more than 1,000 people joined the company’s associate networking program (http://cnw.fm/oN7H7). . . . MCOA’s subsidiary, hempSMART, will also add to its successful March brand launch in London with additional launch events in Birmingham and Liverpool. In a news release, MCOA CEO…

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ThursdayMay 02, 2019 11:08 am

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Obtains Fully Audited & Reporting Status; Readies for OTCQB Uplisting

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced that it has obtained fully-audited and reporting status with the SEC following its filing of audited financial data along with Form 10. According to the update, the company is also in the process of uplisting to the OTCQB Venture Market. “These steps represent a statement about trust, confidence, and transparency. We are demonstrating our commitment to the heightened financial and corporate disclosure standards associated with the higher tier listing,” DVLP CEO Stavros Triant commented in the news release. “That is crucial right…

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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…

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