CannabisNewsBreaks

MondayJan 07, 2019 11:34 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Invests in TorusMed Inc. for Lab-Based Development of CBD Cell Cultures

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its investment in TorusMed Inc. to develop cannabidiol (“CBD”) cell cultures from industrial hemp. According to the update, the ultimate goal of the project is the development of pharmaceutical grade CBD that is cultivated in lab settings, potentially changing the way industrial hemp and CBD are manufactured, reducing time, cost and resources while increasing consistency, safety and scalability. The project’s specific aim is to develop optimal protocols for mass CBD production from cell cultures of industrial hemp, which offers several advantages as compared to open-field farm cultivation including, but not…

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FridayJan 04, 2019 2:27 pm

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Eyes Opening for Specific Cannabis Industry Niches

Cannabis Strategic Ventures (OTC: NUGS) operates through the acquisition and development of companies within the cannabis and ancillary sectors that are in startup and growth stages. The legal cannabis industry is positioned for substantial growth, according to Forbes (http://cnw.fm/Lw4nk). A recent article discussing the company reads, “Spending is forecast to increase from $9.2 billion in 2017 to $47.3 billion in 2027. … To this end, Cannabis Strategic Ventures’ management believes that there is a major opportunity in the industry to create and control specific industry niches by developing cannabis consumer brands to complement the organization’s hard assets. The company is…

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FridayJan 04, 2019 1:50 pm

CannabisNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) High Production Standards Result in Premium Quality Products

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian Licensed Producer, is leveraging its cannabis cultivation expertise to provide top-notch products. A recent article discussing the company reads, “Flowr’s high production standards and its facilities that are designed to pharmaceutical industry standards allow it to grow cannabis that meets Health Canada’s strict standards for cleanliness without the need for irradiation. Cannabis grown in greenhouses or lower quality facilities is almost always blasted with radioactive material (a process called irradiation) to kill mold and bacteria so that it can pass Health Canada inspection. While such treatment is allowed, it is known…

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FridayJan 04, 2019 1:40 pm

CannabisNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Leverages Strengths of Social Selling in its Unique Direct Selling Business Model

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) employs a fusion of the direct selling business model, offering products in the health and nutrition, home and family, food and beverage, spa and beauty, fashion, essential oils, photo and innovative services categories. A recent article discussing the company reads, “Concerning Youngevity’s direct selling business model, it involves person-to-person selling relationships that comprise a “network of networks.” This model advances e-commerce and the strength of social selling. The company’s products and services undergo distribution through an international network of preferred customers and distributors. … Youngevity provides its direct sellers with its inventive…

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FridayJan 04, 2019 12:53 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Advancing Science-driven Cannabis Cultivation Systems

Full-scope, premium cannabis company Green Hygienics Holdings (OTC: GRYN) is engaged in the advancement of science-driven cannabis cultivation systems with the objective of providing a premium product to the legal cannabis market. A recent article further discussing the company reads, “There are many advantages to aeroponics systems. Since they operate in a controlled, protected environment, they escape attack from pests and contamination from toxic agents. In addition, they typically enable faster growth, higher yields and superior quality; are easily scalable; and provide crops that are easier to harvest. They also reduce labor cost, costs of nutrients, grow area and water…

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FridayJan 04, 2019 12:28 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Brings Aggressive Growth Plan to Action

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently put its aggressive growth strategy into effect with the additions of a new corporate controller, a head of its legal division and more office staff. The company also intends to increase its lab personnel in 2019. A recent article further discussing the company reads, “Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a drug delivery platform innovator, has announced aggressive growth plans, including the addition of key personnel, a special focus on its lab R&D activities in 2019 and the issue of new stock options. … It…

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FridayJan 04, 2019 11:27 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Set to Gain from Exclusive Licensing Agreement for Innovative Spray Technology

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, recently announced the execution of a letter of intent (“LOI”) to acquire exclusive rights to all sales channels for the VitaMist product line in Asian markets domestically and internationally. A recent article further discussing the company’s deal reads, “ChineseInvestors.com, Inc.’s (OTCQB: CIIX) LOI with BCDBG, Inc. for the global Asian community sales rights to organic VitaMist is not only expected to expand its consumer division; it also calls for development of an exclusive line giving CIIX vitamin spray as well…

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FridayJan 04, 2019 10:35 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Stands Firm in its Commitment to Supply the Legal Cannabis Cultivation Industry

Sugarmade (OTCQB: SGMD) remains focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products. A recent article discussing the company reads, “Sugarmade is expecting substantial payoff for its commitment to the industry. The company intends to invest in Hempistry, Inc. a privately held Nevada corporation, which has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain in the U.S. State of Kentucky (http://cnw.fm/uzJ0d).  In addition, Sugarmade has signaled strong interest in an agreement with Hempistry for hemp cultivation supplies. Hempistry has already begun planting and has signed an agreement reserving…

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FridayJan 04, 2019 9:59 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Over $2.4M in Initial Cannabis Product Sales in California

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that it has secured more than USD $2.4 million in future sales of Sunniva branded cannabis products, to be completed in the first four months of 2019. Achieved through one of the company’s existing retail relationships, this marks Sunniva’s first cannabis product sales in the state of California, and it anticipates securing additional sales contracts in the near future. Sunniva’s current product inventory is estimated at a value in excess of USD $5 million and consists of ultrapure cannabis distillate, premium concentrates and flower. The company intends to…

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FridayJan 04, 2019 9:28 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Retains Hybrid Financial Ltd. for IR Services

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) recently announced that it has retained Hybrid Financial Ltd., a marketing and retail distribution services company, to provide certain investor relations (“IR”) services for an initial term of six months. Canopy Rivers will pay Hybrid a monthly fee of CAD $14,000, and has granted Hybrid options to purchase up to 120,000 shares of the company at a price of $3.50 per share. Starting three months after the grant, the options shall vest in quarterly increments and will expire within 12 months of the grant, except for the final tranche, which expires three months following…

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