CannabisNewsBreaks

TuesdayApr 30, 2019 11:26 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, Abcann Medicinals Inc. and Harvest Medicine Inc., this morning announced the release of its Q4 and 2018 annual financial and operating results. “The VIVO team achieved significant milestones in 2018, leading to substantial increases in net revenue, cash position, production capacity, organizational effectiveness and customer development,” VIVO CEO Barry Fishman said in the news release. “The strategic acquisitions of Canna Farms and Harvest Medicine…

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TuesdayApr 30, 2019 10:58 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Extraction Services Provider Obtains Organic Certification

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its Kelowna-based extraction processing services provider, Valens GroWorks Corp., has obtained its organic certification from Pro-Cert Organic Systems Ltd. “TGOD has been committed to organic since day one. Working with service providers who embrace organic as much as we do is paramount.  I want to congratulate the team at Valens for obtaining their organic certification,” Brian Athaide, CEO of TGOD, stated in the news release. “We look forward to delivering certified organic oils of the highest standards to our patients and…

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TuesdayApr 30, 2019 10:33 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Commences Trading on the OTCQB Venture Market

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. Effective immediately, Redfund will commence trading on the OTCQB under the symbol “PNNRF,” while continuing to trade its common shares on the CSE under the symbol “LOAN” and on under the symbol “O3X4” on the Frankfurt Exchange. “The listing of Redfund’s common stock to the OTCQB Exchange is an exciting milestone,” Redfund Capital CEO Meris Kott stated in the news release. “Even though…

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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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