CannabisNewsBreaks

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.…

Continue Reading

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.…

Continue Reading

MondayApr 29, 2019 8:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Applies to Uplist to the NASDAQ Global Select Market

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., on Friday announced that it has applied to list its common shares on the NASDAQ Global Select Market. The company intends to file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (“SEC”) ahead of its anticipated NASDAQ listing. Additionally, Organigram refiled its annual financial statements for the fiscal years ended 2017 and 2018 to include statements in the audit report of the public accounting firm to assure accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. The uplisting…

Continue Reading

FridayApr 26, 2019 3:14 pm

CannabisNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Operational Efficiency to Rise as Completion of Facility Approaches

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, recently detailed various milestones the company reached in the fourth quarter of 2018 and provided insight into upcoming activities. An article further discussing the company reads, “’The fourth quarter of 2018 marked a major milestone for Flowr, as we launched our medicinal and recreational sales channels after receiving our licenses in August 2018, and sold nearly 406 kilograms of premium cannabis, despite having only 20% of our grow rooms in Kelowna 1 operational during the quarter itself,’ Flowr Co-CEO Vinay Tolia said in a news release (http://cnw.fm/0Tang). .…

Continue Reading

FridayApr 26, 2019 3:01 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Poised to Profit after Passing of Legislation

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is expected to profit from cannabis banking legislation if it is approved by Congress. A recent article discussing the legislation reads, “The lack of banking services has led the cannabis enterprises to transact finances, including corporate taxes, in sometimes large sums of cash that can’t be legally mailed and have to be carried to their destinations, creating fears of heightened criminal vulnerability as the cash is moved. However, the new Congressional measures would block federal agencies from being able to ‘prohibit, penalize, or otherwise discourage a depository institution…

Continue Reading

FridayApr 26, 2019 2:25 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) to Revolutionize Cannabis Industry with Advanced Cultivation, Transformational Technologies

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is a Canadian-licensed producer (“LP”) focused on developing and bringing to market consumer cannabis products with an emphasis on beverages. A recent article discussing the company reads, “Fundamentally, Sproutly is combining advanced cannabis cultivation and transformational technologies to redefine the cannabis industry. Via its acquisition of Infusion Biosciences, the company is bringing to market a patent-pending technology called the Aqueous Phytorecovery Process (APP) (http://cnw.fm/X7Vuu). Sproutly is the exclusive licensee of Infusion’s APP technology for the recovery of naturally water-soluble phytochemicals (Infuz2O). Sproutly also owns exclusive rights to the technology in Canada, Australia,…

Continue Reading

FridayApr 26, 2019 11:36 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Online Store, Offering Active Hemp Extract Infused Products

Premium functional food and beverage company Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the launch of its new and highly-anticipated online store, feelOki.com. Per the update, today’s launch will provide consumers located in the U.S. access to the company's Oki brand of premium beverages and supplements infused with active hemp extract. As an introductory offer, all orders over $59 will ship free to any location across the U.S. mainland, and any initial order for new customer account sign-ups will include a 10 percent discount. “Going to direct-to-consumer has always been a priority for us and our newly launched…

Continue Reading

FridayApr 26, 2019 10:51 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces European Subsidiary’s Receipt of Organic Certification

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced receipt of organic certification by its wholly owned subsidiary, HemPoland, from EKOGWARANCJA PTRE, the largest certification body supported by the Polish Ministry of Agriculture and Rural Development. According to the update, HemPoland's facilities, production processes and product offerings are now certified organic. “We are incredibly excited that HemPoland's facilities, production and processes have received organic certification within Europe,” TGOD CEO Brian Athaide said in the news release. “This is a major point of differentiation that offers consumers a premium experience. We are proud…

Continue Reading

FridayApr 26, 2019 10:44 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) President Updates Company’s Work in CBD on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally syndicated and covers money-focused topics, featuring various companies and in-depth interviews with their CEOs and executives offering insights into operations and future outlooks. SinglePoint President Wil Ralston appeared on this week’s program and provided further updates on the company’s work in the CBD industry. To view the full press release, visit http://cnw.fm/n2KQt About SinglePoint Inc. SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital…

Continue Reading

FridayApr 26, 2019 9:59 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Expiration of Former Offer for Aphria Inc. (TSX: APHA) (NYSE: APHA)

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Thursday announced the expiration of its formal offer to acquire all of the issued and outstanding common shares of Aphria Inc. (TSX: APHA) (NYSE: APHA). According to the update, the company will not be taking up any Aphria shares as the offer conditions have not been met. As announced on April 15, 2019, Green Growth Brands and Aphria entered into an agreement to shorten the offer acceptance expiry time from 5:00 PM (Toronto time) on May 9, 2019 to 5:00 PM (Toronto time) on April 25, 2019. The company…

Continue Reading