CannabisNewsBreaks

MondayMar 11, 2019 10:07 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic LOI with Malta Enterprises

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a letter of intent ("LOI") with Malta Enterprises, the economic development agency of Malta. Per the update, the LOI is Supreme’s first step toward an application for a cannabis production license in Malta, one of Europe's principal commercial entry points. The license would allow the company to produce and process cannabis for medical use within Malta, as well as export cannabis to certain international markets for medical use. "We're pleased to announce that we have secured a letter of intent from Malta Enterprises, taking…

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MondayMar 11, 2019 9:58 am

CannabisNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Acquisition of Infusionz, LLC

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis and CBD industries, this morning announced the completion of its acquisition of Infusionz, LLC, a manufacturer of CBD-based products. Per the update, Infusionz offers a broad range of products through its website, www.CBDInfusionz.com, as well as in retail outlets and through contract manufacturing agreements. “CBD Infusionz is a true leadership play in the CBD space, with rapidly growing sales and the best quality products in the industry. This is the company that developed and launched one of the first edibles in the legal marijuana space and now they…

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MondayMar 11, 2019 9:43 am

CannabisNewsBreaks – The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Partners with Valens Groworks to Accelerate Canadian Hemp Strategy

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a multi-year extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF), a licensed provider of cannabis products and services specializing in various proprietary extraction, distillation, cannabinoid isolation and purification technologies. According to the update, the partnership with Valens will accelerate TGOD's Canadian hemp strategy, allowing for early market entry of its organic hemp-derived CBD products in the coming months. "We are excited to work with TGOD, Canada's premier certified organic producer," Valens CEO Tyler Robson said in…

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MondayMar 11, 2019 9:32 am

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) President to Present at Second Annual LD Micro Virtual Conference

Youngevity International Inc. (NASDAQ: YGYI), an emerging conglomerate operating in three distinct business segments, this morning announced that it will be presenting at the second annual LD Micro Virtual Conference on Tuesday, March 12 at 4:00 pm EST. Per the update, Dave Briskie, president and CFO of YGYI, will be giving the presentation and answering questions from investors. “We are enthusiastic to be presenting at LD Micro's virtual event and the timing could not be better for YGYI to be making a presentation to the investment community,” Briskie stated in the news release. “We just acquired Khrysos Industries, which we…

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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…

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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…

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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…

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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…

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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.…

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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…

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