CannabisNewsBreaks

MondayFeb 04, 2019 3:01 pm

CannabisNewsBreaks – Earth Science Tech Inc. (ETST) Capitalizing on Hemp Legalization with Recent Changes in Staff Driving CBD Product Distribution

Earth Science Tech (OTCQB: ETST), a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices, sees new opportunity in the passing of the 2018 Farm Bill. A recent article discussing the company reads, “ETST is taking advantage of the opportunities now afforded by the 2018 Farm Bill. In a recent press release (http://cnw.fm/jn2M9), the company announced a change in staff. David Barbash has been signed on as its new chief sales officer, beginning in 2019. He brings more than 20 years of new business development experience and is a proven negotiator, manager and…

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MondayFeb 04, 2019 2:26 pm

CannabisNewsBreaks — Marijuana Company of America Inc. (MCOA) Plans to Expand hempSMART Brand into Europe and Asia

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those…

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MondayFeb 04, 2019 9:42 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Option Agreement to Acquire 196,000 Square Foot Cannabis Facility

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that, on February 1, 2019, it accepted an assignment of a real estate option agreement from its CEO, Jim Pakulis, to acquire an asset package that includes an existing 196,000 square foot facility on 6.5 acres of land, as well as cannabis processing and packaging equipment. Should the option be exercised, the purchase price of the property is an aggregate of $15 million, payable in cash. Over the past two years, approximately $8 million in tenant improvements have been completed to create a vertically-integrated cannabis facility at the site. The arms-length…

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MondayFeb 04, 2019 9:28 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Additional Investment in Canapar Corp., Expands Ownership Stake to 49 Percent

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of a subsequent $9.4 million equity investment in portfolio company Canapar Corp. (“Canapar Canada”), the Canadian parent corporation of Italian organic hemp production and processing platform Canapar SrL (“Canapar Italy”). Per the update, this investment aligns with Canopy’s globally-focused growth strategy and is expected to provide the company with an opportunity to capitalize on the rapidly expanding European cannabidiol market. With its most recent investment, Canopy’s ownership position in Canapar Canada has expanded to 49 percent on a non-diluted basis. “Canopy Rivers’ investment…

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FridayFeb 01, 2019 3:20 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Aims to Capitalize on the Medical and Recreational Cannabis Markets

Icon Exploration (TSX.V: IEX.H), a company working toward establishing its foothold in the global cannabis sector, is planning on operating within both the medical and recreational cannabis markets. An article discussing the company reads, “In what is a win-win situation for Icon, the company has placed bets on both recreational and medical cannabis. This legal market is growing at double-digit rates, and capitalizing on that growth, Icon is aiming to create a well-diversified company that produces long-term returns for shareholders. To do so, it intends to be a leading purveyor of medicinal and recreational cannabis while, at the same time,…

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FridayFeb 01, 2019 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Construction Update, Increases Capacity, Confirms On-Schedule Launch of Growers Circle

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today released a detailed construction update on its domestic Valleyfield and Hamilton operations that reflects significant progress toward the completion of both facilities. According to the update, as a result of a recently-identified need for design modifications in the construction process, the engineering improvements enable optimized facility throughput that, combined with organic specific modifications, provide an increased domestic productive capacity forecast from 156,000 kg to 202,500 kgs. The updated construction plan requires increased capital expenditures of approximately $30 million for the completion of the structures and…

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FridayFeb 01, 2019 10:01 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Reiterates Bullish Position on CBD in Episode of MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally-syndicated program covers money-focused topics, featuring in-depth CEO and executive interviews from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program and reiterated the company’s bullish position on CBD. “Since the house, the senate and President Trump signed the bill making CBD legal it’s just been an explosion. We've been fortunate to be in a great position. We've had our SingleSeed.com site up for almost two years,” SinglePoint CEO Greg Lambrecht…

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FridayFeb 01, 2019 9:25 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Commence Trading on the Toronto Stock Exchange

The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a Canadian company dedicated to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture, recently announced that its listed securities are anticipated to begin trading on the Toronto Stock Exchange ("TSX") on February 4, 2019. SPRWF is also set to participate in the market open ceremony that day. The company’s common shares and 6.0% senior unsecured convertible debentures due 2021 will be voluntarily delisted from the TSX Venture Exchange under the symbol "FIRE" and will start trading on the TSX under the symbol "FIRE.DB".…

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ThursdayJan 31, 2019 3:09 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Seeks to Improve Lives through Revolutionary Nicotine Delivery Method

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently announced that its wholly owned subsidiary, Lexaria Nicotine LLC, has joined forces with one of the world’s largest tobacco companies to fund the research and development of Lexaria’s patented DehydraTECHÔ technology to potentially commercialize a form of oral nicotine delivery. An article discussing the company reads, “Lexaria’s goal is to create an oral product that eliminates the need for inhalation and helps curb the smoking habits of consumers. Over 6 million deaths a year worldwide are attributed to nicotine delivery through smoking. The company believes that its DehydraTECH technology may help the 69…

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ThursdayJan 31, 2019 2:40 pm

CannabisNewsBreaks – DPLUG Software, Inc. Pursues Cannabis Industry Investors to Finance Marketing for Upcoming DPLUG Mobile App Launch

DPLUG Software, a technology company focused on the integration of mobile technology, cannabis and blockchain, this morning announced that its DPLUG App will go live and begin processing transactions in February 2019. Currently active on the iOS and Android platforms, the app features more than 2,000 participating cannabis dispensaries. The innovative new platform enables cannabis merchants to surpass key hurdles within the industry including delivery, advertisement and banking and merchant services. By assisting merchants in overcoming these industry challenges, the DPLUG App is designed to simplify the way they do business with their customers. The company is presently expanding its…

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