CannabisNewsBreaks

TuesdayApr 30, 2019 10:22 am

CannabisNewsBreaks – SinglePoint Inc. (SING) Issues Update on Hemp and CBD Sales and Marketing Strategy

Technology and investment company SinglePoint Inc. (OTCQB: SING) this morning issued an update on its hemp and CBD sales and marketing strategy. Per the update, the company has provided private label products, formulated custom products for clients and is now working to distribute raw materials, including full spectrum oils, isolate and other byproducts of the hemp plant for use in the creation of CBD products. “Consumer demand for knowledge and reliable suppliers for hemp and CBD products is accelerating quickly and we are investing in infrastructure and research so we help educate clients on the potential benefits of CBD, and…

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TuesdayApr 30, 2019 9:56 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Announces Application for Permanent Licenses for Adelanto, California Facility

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that it has applied for a permanent manufacturing, distribution and a transportation license with the city of Adelanto, California. In addition, the company intends to provide an update later in the week relating to the licensing process for its 196,000 square foot facility based in Modesto, California. “Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible,” TransCanna CEO Jim Pakulis said in the news release. “Subsequent to the GoodFellas acquisition we will be able to prepare and package the…

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TuesdayApr 30, 2019 9:27 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Private Placement, Board and Management Updates

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, late Monday issued a corporate update on various matters. The company first outlined its intention to complete a non-brokered private placement of up to 2.4 million common shares, at a price of C$6.25 per share, for aggregate gross proceeds of up to C$15 million. Flowr also affirmed its support of Holigen’s proposed €45 million investment in Portugal to produce medicinal cannabis outdoors. Other topics covered in the corporate update included changes to the company’s board of directors and its appointment of Thierry Elmaleh as its new…

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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…

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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…

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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…

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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…

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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…

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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.…

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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.…

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