CannabisNewsBreaks Archive - Page 282 of 429

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…

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…

ThursdayJan 24, 2019 9:21 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Health Canada Approval to Open Additional Grow Rooms at its Kelowna 1 Cultivation Facility

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer (“LP”) of premium cannabis products, this morning announced that it has attained approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. Flowr expects to commence growing in some of the rooms immediately, doubling its current capacity and bringing the facility to 50% completion by increasing the total number of rooms in operation to 10. Upon completion, which is anticipated by the third quarter of this year, the 85,000 square foot facility is expected to have a total of 20 grow rooms and produce…

WednesdayJan 23, 2019 11:35 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Forecasts Substantial Growth for SingleSeed in 2019

SinglePoint (OTCQB: SING), a technology company providing mobile payments and ancillary cannabis services, believes significant growth is on the horizon for its online CBD product distribution subsidiary SingleSeed. An article discussing the company reads, “SinglePoint has put a lot of emphasis on the distribution of CBD products in 2018. Its subsidiary, SingleSeed, distributes products derived from hemp via its website – www.SingleSeed.com. Multiple new product listings were added to the site in 2018, and a lot of work was done to increase the platform’s organic reach. . . .‘We are excited about the opportunity to be in the distribution space…

WednesdayJan 23, 2019 11:11 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Engages Purple Crown Communications for IR Services

TransCanna Holdings (CSE: TCAN) today announced that it has engaged Purple Crown Communications Corp. of Vancouver to act as its investor relations consultant, subject to regulatory approval of applicable filings with the Canadian Securities Exchange. Per the update, Purple Crown will assist TransCanna in broadening its shareholder base and creating effective communications with shareholders and potential investors. TransCanna has retained Purple Crown at a monthly fee of $7,000 for a twelve-month term, thereafter renewable on a monthly basis on mutual agreement. Purple Crown does not have any interest, directly or indirectly, in TransCanna or its securities with exception to the…

WednesdayJan 23, 2019 10:03 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Partners with Iq2 Labs to Formulate a CBD Shot Designed for Mental Clarity and Focus

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) today announced that it has partnered with Iq2 Labs to formulate a CBD shot with High Grade Full Spectrum Iq2 Cannabinoids designed to increase mental clarity and focus, comparable to leading energy shot brands. ETST has partnered with Iq2 Labs due to the effective high quality medically supported ingredients used in its IQ2 products. The combination of IQ2 with the company’s high grade full spectrum cannabinoids intends to synergistically enhance the ingredients in a liquid shot form to increase the metabolic effect and produce rapid benefits. According to the update, based on…

WednesdayJan 23, 2019 9:19 am

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Establishing New CBD Extraction and Production Facility

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced that it is presently establishing a state-of-the-art facility for high-capacity CBD extraction and production. The company is in negotiations with a leading supplier of first-class extraction and production equipment and has strategically chosen an ideal location for the facility which will be disclosed to shareholders soon. Per the update, the company intends on marketing both 99% pure CBD distillate and full-spectrum CBD products and targeting major wholesale manufacturers and dispensaries. Additionally, DVLP also reported a noteworthy expansion in its core team, with…

TuesdayJan 22, 2019 11:57 am

CannabisNewsBreaks – Youngevity International, Inc.’s (NASDAQ: YGYI) CLR Roasters Executes Agreements to Expand in Nicaragua, Increase Profit Participation and Acquire Coffee Brand

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) today announced that CLR Roasters, its wholly-owned subsidiary, has executed agreements with its Nicaraguan based partners, H and H Export and Marisol Siles, under which the company anticipates expanding capabilities in Nicaragua through construction of one of Central America’s largest processing mills. In addition to planned construction of new processing facilities, CLR Roasters will acquire the coffee brand Café Cachita and also, under the agreement, increase its participation with its Nicaraguan based partners from 50 percent to 75 percent of profits in the green coffee distribution business. “We are very pleased to…

TuesdayJan 22, 2019 11:44 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Increased Revenues for Second Quarter 2019

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 its financial and operational summary for the second quarter of fiscal year 2019. According to the update, revenues of $648,265 for the period were driven by stronger subscription and hemp/CBD sales revenues. The hemp and CBD sales segment achieved an increase of eight times the amount of the previous year while subscription revenues saw a year-over-year increase of over 40 percent. “We are beginning to see the positive results of investments made into existing markets as well…

TuesdayJan 22, 2019 10:06 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Equity Investment in Adult-Use Cannabis Beverage and Edibles Brand

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of an equity investment in 10663522 Canada Inc. (“Herbert”), a unique brand platform focused on the adult-use cannabis beverage and edibles market. Canopy Rivers subscribed in Herbert for CAD $1,500,000 of preferred shares and received incremental warrants that entitle RIV to certain governance-related rights and the ability to increase its economic interest in Herbert under certain circumstances. “Herbert represents an opportunity for Canopy Rivers to be invested at a very early stage in a company focused on the adult-use cannabis beverage and edible product segment,” Canopy Rivers President Narbe…

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