CannabisNewsBreaks

WednesdayJan 02, 2019 11:35 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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WednesdayJan 02, 2019 11:20 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

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WednesdayJan 02, 2019 11:09 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reviews Numerous Major Achievements and Positioning for Pivotal 2019

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday reviewed the company’s achievements from 2018 as well as business plans and initiatives for 2019. Per the update, the company’s accomplishments include strategic expansion of its executive team, achievement of full SEC reporting status, uplisting to the OTCQB Exchange, initiating a DRTV media campaign with Kevin Harrington’s award-winning production company As Seen On TV, achieving a first commercial production run of its Hygee medical device kits, initiating a company partnership with Bionatus, and engaging Canadian Securities Exchange (CSE) counsel expertise to assist with dual listing. “In 2018, we made sufficient…

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FridayDec 28, 2018 2:11 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Anticipates Growth as it Works to Reach Full Capacity

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a Cannabis-focused research and development company, believes 2019 will be an excellent year for company growth as it works to reach an output of at least 170,000 kilograms per year. TGODF’s first crop will be delivered in January to select patients. An article discussing the company reads, “The Green Organic Dutchman landed among the list of top growers, because it expects to approach 200,000 kilograms in annual yield during 2020, when at full capacity. A news release issued earlier this month in response to the annual general meeting of the company’s…

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FridayDec 28, 2018 1:33 pm

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Set to Benefit from Congress Passing the 2018 Farm Bill

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, is set to benefit from Congress recently passing the 2018 Farm Bill, loosening restrictions on the cultivation and sale of hemp. An article discussing the company reads, “With the passage of the 2018 Farm Bill, the hemp industry is poised to escape from the doldrums. Hemp is derived from the cannabis sativa plant, differing mainly because it has a much lesser level of THC than marijuana. However, having a common origin with marijuana has meant that it has suffered the same opprobrium and prohibitions.…

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FridayDec 28, 2018 10:53 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Positioned for Opportunity with Federal Legalization of Hemp

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its plans to explore opportunities to produce industrial hemp through joint ventures with leading growers, as well as a potential investment in a development program for cannabidiol (“CBD”) extraction from hemp with passage of the 2108 Farm Bill. New legislation removes the schedule one substance designation for hemp and provides tremendous opportunity for SING and the company’s subsidiary, SingleSeed.com, an ecommerce-based business that sells and supplies industrial-based hemp CBD products. “We are excited for these new opportunities in the hemp market and have been preparing the company to be in…

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FridayDec 28, 2018 10:35 am

CannabisNewsBreaks – CannabisNewsWire to Serve as Official NewsWire for the Cannabis Capital Conference

Multifaceted financial news and publishing company CannabisNewsWire (“CNW”) today announced its collaboration to serve as the Official NewsWire of the second annual Cannabis Capital Conference, hosted by premier financial media outlet Benzinga. The conference will take place January 15-16, 2019, in Miami, Florida. “The Benzinga Cannabis Capital Conference is a standout event in the cannabis world and one that attracts America’s top cannabis entrepreneurs and investors. CannabisNewsWire is proud to participate as the official newswire of this conference and to offer our team’s extensive expertise as we help promote and publicize this elite gathering of cannabis leaders via news-centric channels,”…

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ThursdayDec 27, 2018 3:11 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions’ (REFG) ‘Go’ Processing System Offers Safe, Accurate Transactions to the Legalized Marijuana Industry

Medical Cannabis Payment Solutions’ (OTC: REFG) end-to-end payment processing system ‘Go’ offers cannabis dispensaries, merchants and customers a way to safely and accurately make legalized marijuana transactions. A recent article discussing the company reads, “REFG’s Go offers legalized cannabis dispensaries and merchants safety, accuracy and easy online sign-up. It is now available to the entire cannabis market. In addition to creating a cashless environment, Go can handle all payments necessary for a small business retailer, such as payroll and vendor disbursements, accounts payable and any other invoices. … Go is capable of processing cryptocurrency payments. The customer or patient can…

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ThursdayDec 27, 2018 2:32 pm

CannabisNewsBreaks – Complex Regulations, City Bans & High Taxes Restrict California’s Legal Cannabis Market

A recent article authored by Patrick McGreevy and published by the Los Angeles Times, titled ‘One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why’ shines a light on the negative impact complex regulations, city bans and high taxes have had on California’s legal cannabis market. The article discusses several hurdles that legal cannabis businesses have had to jump through in order to operate within the state. One such obstacle plaguing small cannabis companies is the competition from the large illicit market, which isn’t hampered by the high taxes licensed businesses must pay.…

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ThursdayDec 27, 2018 1:25 pm

CannabisNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Co-Founder Showcased in Globally-viewed Documentary

Leading omni-direct lifestyle company Youngevity International’s (NASDAQ: YGYI) co-founder Dr. Joel Wallach was recently featured in a documentary that highlights his impactful career of spreading health and wellness awareness worldwide. A recent article discussing the film reads, “A recent documentary on the Youngevity founder has been released by Carpe Diem Media. It is titled “The Audacity of Health: The Dr. Joel Wallach Story” and has already garnered a global following thanks to social media. The documentary traces the evolution of Wallach’s quest to spread health and wellness from the 1960s through his four decades of work in the industry. Most…

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