CannabisNewsBreaks

MondayMay 06, 2019 9:30 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Expands Distribution for Josies Java House Brand

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced the expansion of its Josies Java Brand into 570 retail doors throughout Southeastern Grocers. Per the update, the new distribution footprint now includes 400 Winn Dixie stores, 96 Bi-Lo stores, 25 Fresco Y Mas stores, and 50 Harvey stores. “We are very excited to see our Josies Java House Brand adding to our successful partnership with Southeastern Grocers. Our multi-brand strategy continues to develop a stronger footprint at retail,” Ernesto Aguila, president of CLR and founder of the CLR Roasters, stated in the news release. “We are…

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FridayMay 03, 2019 3:11 pm

CannabisNewsBreaks – Why Hemptown USA Is ‘One to Watch’

Central Point, Oregon-based Hemptown USA is a proven grower of full-spectrum hemp biomass with a  proprietary genetics program. A recent article discussing the company reads, “By 2020, Hemptown anticipates it will have more than 3,000 acres in several states dedicated to hemp farming. Expansion plans include increasing in-house extraction capabilities to boost profit margins by providing additional CBD and CBG isolates and distillation services. Development of business-to-business channels as well as new products and formulations for the direct-to-consumer market, along with several strategic acquisitions, are also key to Hemptown’s growth strategy. . . . Hemptown plans to expand distribution and…

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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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