CannabisNewsBreaks

FridayJan 25, 2019 2:37 pm

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Portfolio Companies Partner to Exploit the North American Cannabis Market

Mary’s Wellness Ltd. and Winterlife Inc., two portfolio clients of Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4), recently created a strategic alliance for a global cannabis product launch as recent developments in the North American cannabis market present new opportunities. An article discussing the partnership reads, “The partnership between Mary’s Wellness and Winterlife will first launch Mary’s Wellness, a well-known Canadian tea brand, in the U.S. The Mary’s Wellness product range is extensive. It includes a Sleep & Relax Tea, as well as teas in the following flavors: Bella Coola, berry berry, chai, chamomile, earl grey, Echinacea, green tea,…

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FridayJan 25, 2019 1:23 pm

CannabisNewsBreaks – PharmaCielo Ltd. (TSXV: PCLO) Starts Trading on the TSX Venture Exchange; Provides Outlook for Fiscal 2019

PharmaCielo (TSXV: PCLO) recently announced that it commenced trading on the TSX Venture Exchange ("TSXV") under the symbol "PCLO" on January 18, 2019. The company’s news release also provided an outlook for fiscal 2019. Among other highlights, PharmaCielo plans to scale its area under current cultivation from 5.3 hectares of open-air greenhouse to roughly 20 hectares; solidify relationships with distributors and end-product manufacturers in certain international jurisdictions to bring products to market; and begin cannabis oil product sales in key markets to generate revenue. “2019 will be an exciting year for PharmaCielo shareholders. We have constructed a platform with the…

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FridayJan 25, 2019 12:18 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Set to Benefit from Changes in Cannabis Industry via Reverse Takeover

Icon Exploration (TSX.V: IEX.H), through its pending reverse takeover of City View Green, has ideally positioned itself to capitalize on the recent shifting of both laws and attitudes regarding cannabis. An article discussing the company reads, “Icon Exploration is building its portfolio with a reverse takeover of private company City View Green, an applicant for Canada’s licensed producer designation that expects to complete a 40,000-square-foot cultivation facility near Toronto for pharmaceutical-grade cannabis once the government green lights the application. Another 4.3 acres at the location is being held for possible exponential upscaling with an additional 125,000 square feet of farm…

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FridayJan 25, 2019 9:58 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Hires North America’s First Cannabis Cultivation PhD in R&D Team Expansion

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) today announced that it has hired Deron Caplan as its director of plant science. Dr. Caplan is the first person in North America to earn a doctorate in philosophy with research focused on cannabis production, earning his degree from the University of Guelph in August 2018. He has written numerous scientific journal articles on cannabis and was the primary author of the first peer-reviewed paper on indoor cannabis production published in North America. Dr. Caplan has provided expert commentary on cannabis for a variety of national…

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FridayJan 25, 2019 9:30 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Finalizes Definitive Agreement with Knud Jepsen to Establish Two European Joint Ventures

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has entered into a definitive agreement with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”) to establish two 50/50 joint ventures (“JVs”). The first JV is designed for producing commercial cannabis and cannabis oils, and the second is intended to develop and patent advanced, commercially valuable elite cannabis genetics. The companies will establish both JVs in Denmark, and plan to expand the production JV into future low-cost European jurisdictions. Per the agreement, the companies will launch a premium organic European bulk cannabinoid…

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ThursdayJan 24, 2019 1:27 pm

CannabisNewsBreaks – Canbiola, Inc. (CANB) Launches New Wholly Owned Subsidiary

Canbiola (OTCQB: CANB) today announced the expansion of its product offering in the medical and wellness segments of the CBD industry through the formation and launch of a new wholly owned subsidiary, DuraMed, Inc. DuraMed is a medical device company that provides FDA approved, non-invasive, consumer-friendly equipment and services to medical offices and consumers. DuraMed products focus on supporting faster injury recovery and pain relief. Per the update, Pure Health Products, Inc., the company’s laboratory and production facility in Lacey WA, will supply DuraMed with its initial consumer products. In addition, Pure Health and Canbiola have secured an agreement with…

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ThursdayJan 24, 2019 12:18 pm

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) CEO Issues Letter to Shareholders, Announces Vertical Expansion

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning issued a letter to shareholders from CEO Stavros Triant. According to the update, springing from its success in acquisition of the Where’s Weed platform and subsequent growth, the company is expanding vertically into CBD extraction and production. DVLP has selected a site, located in Colorado, and is in active negotiations with equipment suppliers. The company estimates that, at full capacity, revenue would be in the range of $25 to $35 million. “We are already working closely with two different equipment manufacturers, each of…

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ThursdayJan 24, 2019 10:53 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Featured in New Audio Interview with SmallCapVoice.com

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced that the company is featured in a new audio interview at SmallCapVoice.com, Inc. The interview features CIIX CEO Warren Wang as he discusses recent news and reviews the company’s financial highlights for the second quarter of its fiscal year 2019. CIIX reported Q2FY2019 revenues of $648,265, a year over year increase of 43 percent driven by stronger subscription and hemp/CBD sales revenues. “We are so excited to see the growth across several business fronts,” Wang stated in…

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ThursdayJan 24, 2019 10:47 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and SpinCo Receive Approval on Plan of Arrangement, Announce Distribution Record Date

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) together with its wholly-owned subsidiary, TGOD Acquisition Corporation ("SpinCo"), today announced receipt of approval from the Ontario Superior Court of Justice for the previously announced plan of arrangement. Under the terms and conditions of the arrangement agreement between TGOD and SpinCo, TGOD will distribute to TGOD shareholders unit purchase warrants of SpinCo. The TGOD board of directors has established January 31, 2019 as the record date for the distribution and, pursuant to the agreement, at which time each TGOD shareholder of record who confirms they are…

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ThursdayJan 24, 2019 9:59 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Begins Trading on the OTCQB Venture Market

Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has received approval for the company’s shares to trade on the OTCQB® Venture Market under the symbol “PLPRF” starting January 23, 2019. Per the update, the company also applied for eligibility for book-entry delivery and depository services of the Depository Trust Company (“DTC”), to enable electronic settlement of transfers of its shares in the United States. The method accelerates the receipt of stock and cash and fast-tracks the settlement process for investors, enhancing the company’s potential investor base. PLUS will deliver confirmation when, and if, it has been granted…

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