CannabisNewsBreaks Archive - Page 257 of 419

MondayMar 11, 2019 9:17 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Details Plans for Private Placement

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) on Friday detailed its plans to complete a private placement of units at a price of $C0.54 per unit for gross proceeds of up to $1.75 million. Each unit will consist of one common share of Wildflower and one half of one share purchase warrant. Each full purchase warrant will entitle its holder to acquire one common share of the company at a price of $0.85 for a period of 24 months following the closing date of the private placement. Per the update, the financing is already fully subscribed, and it is…

FridayMar 08, 2019 3:05 pm

CannabisNewsBreaks – Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Employs Trademarked Infrared Heat Technology to Protect the Body’s Largest Organ

Therma Bright (TSX.V: THRM) (OTC: THRBF) is focused on protecting the human body’s largest and fastest-growing organ, skin, which is a vital guard against damage to all other organs. An article discussing the company reads, “Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) is focusing its business mission on the development of innovative technologies that strengthen and sustain the body’s outer layer and help people to live healthier lives as a result. . . . The key to Therma Bright’s vision of enhancing health and wellness is to employ trademarked infrared heat technology against agents that attack the skin, such as…

FridayMar 08, 2019 2:34 pm

CannabisNewsBreaks — Marijuana Company of America Inc. (MCOA) Developing Strong Portfolio Targeting Global Hemp Industry Projected to Reach $5.7B by 2020

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, is building a robust portfolio of investments and joint ventures that operate within the legal cannabis and industrial hemp markets. A recent article discussing the company reads, “According to a first-of-its-kind report from data analytics firm New Frontier Data, ‘The Global State of Hemp: 2019 Industry Outlook,’ global hemp retail sales totaled $3.7 billion in 2018 and are on track to grow to $5.7 billion by 2020, as an article published by The Motley Fool reports (http://cnw.fm/L5yTG). New Frontier Data’s report estimates that U.S. hemp sales will have jumped to $2.6…

FridayMar 08, 2019 10:40 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints New CFO To Seize Opportunities in Next Stage of Global Growth

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of Nikhil Handa as the company's new chief financial officer. Current CFO, Dimitre Naoumov, will assume the role of vice president, finance. According to the update, Supreme Cannabis is executing this finance department leadership realignment of leadership to further accelerate its international and domestic growth initiatives. Handa joins Supreme Cannabis with considerable cross-sector capital markets experience and, as CFO, his responsibilities will include stewardship of Supreme Cannabis' finance department, with an emphasis on capital allocation planning, M&A, and transactional execution as the company focuses on domestic…

FridayMar 08, 2019 10:24 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Secures DTC Eligibility for the U.S. Market

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has secured eligibility by The Depository Trust Company (“DTC”) for its shares on the OTC. A U.S. company and a subsidiary of the Depository Trust & Clearing Corporation, DTC manages the electronic clearing and settlement of publicly traded companies, and its services provide cost benefits for investors and brokers trading Canadian securities in the United States. Per the update, DTC eligibility permits shares of PLUS Products to be distributed, settled and serviced through DTC’s automated processes, leveraging efficiencies of electronic clearing and settlement of securities.…

FridayMar 08, 2019 9:51 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Headset Forms Strategic Alliance with Nielsen Holdings plc (NYSE: NLSN) to Provide U.S. Cannabis Market Data, Analytics to CPG Companies

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) on Thursday announced that its portfolio company, Headset, Inc., formed a landmark strategic alliance with Nielsen Holdings plc (NYSE: NLSN). According to the update, the partnership combines Nielsen’s consumer research capabilities with Headset's real-time retail point-of-sale platform to provide U.S. cannabis market data and analytics to consumer packaged goods (“CPG”) companies monitoring the cannabis space. “This announcement from Headset and Nielsen validates our belief in the importance of data in the rapidly unfolding and brand-intensive cannabis industry,” Canopy Rivers President Narbe Alexandrian said in the news release. “Partnering with Nielsen, an S&P 500…

FridayMar 08, 2019 9:14 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Posts Video Interview with Direct Solar

Technology and investment company SinglePoint (OTCQB: SING) issued a video interview between the company’s president Wil Ralston and Direct Solar founder Pablo Diaz. The company recently entered into an asset purchase agreement to acquire Direct Solar, which will be formally finished upon audit completion. SinglePoint management believes Direct Solar could double the company’s revenue and enable SING to expand coast-to-coast, resulting in a significant increase in sales and profits. To view the full interview, visit http://cnw.fm/4suDJ To view the full press release, visit http://cnw.fm/Fk4Tg About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company with a focus on acquiring…

ThursdayMar 07, 2019 12:36 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Expands Portfolio with Northern California Cultivation Site

Cannabis industry incubator Cannabis Strategic Ventures (OTC: NUGS) recently strengthened its portfolio with the addition of the six-acre Northern California NUGS Farm. An article discussing the company reads, “The company began the new year with an application for uplisting to the Venture Market and followed that with the announcement that it will partner with a Santa Barbara County cultivation operation that holds about 40 commercial cannabis licenses in Southern California. On January 30, Cannabis Strategic Ventures revealed that it will add the six-acre Northern California site after having obtained over 20 licenses for cannabis manufacturing, distribution and cultivation (http://cnw.fm/2Rnyn). .…

ThursdayMar 07, 2019 11:25 am

CannabisNewsBreaks – Benzinga Cannabis Capital Conference to Draw Eclectic Group of Entrepreneurs and Investors

The Benzinga Cannabis Capital Conference to be held at the stunning Fairmont Royal York hotel in Toronto on April 17 through April 18, 2019, will draw entrepreneurs and investors throughout the burgeoning cannabis industry. Premier financial media outlet Benzinga is hosting the event that will put cannabis industry information and ideas front-and-center for cannabis companies, policy makers, entrepreneurs and sector trailblazers. The conference agenda includes a full-slate of engaging panels, fireside chats, lightning round presentations, facilitated networking opportunities and leading industry keynote speakers. “Benzinga’s Cannabis Capital Conference brings an eclectic group of forward-thinking cannabis entrepreneurs and investors together in a…

ThursdayMar 07, 2019 10:31 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Strengthens Board of Directors with the Appointment of Kenneth R. McKinnon

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of new independent director, Kenneth R. McKinnon, Q.C. in a strategic move to strengthen its board of directors. McKinnon brings substantial financial oversight and business advisory experience as an experienced corporate executive and director. He currently is a partner at Citrus Capital Partners Ltd. and serves on the boards of Touchstone Exploration Inc. and Alvopetro Energy Ltd. McKinnon previously was a director at Petrominerales Ltd. and Lightstream Resources Ltd., where he also served as chairman. He also served on the board of governors of the University…

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