CannabisNewsBreaks

ThursdayDec 20, 2018 2:22 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Aims to Cut Costs with In-House R&D Laboratory

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently submitted a Health Canada research application for a license that will permit in-house research in its new Kelowna-based research and development (“R&D”) laboratory. Construction of the new lab, which will be located within Lexaria’s new head office, is anticipated to be completed by the end of January 2019. A recent article further discussing LXRP reads, “Having the work done in-house will help expand the work schedule and reduce costs and development timelines. The company is currently recruiting new staff as it prepares for an increase in…

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ThursdayDec 20, 2018 10:51 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expands Independent Board and Executive Team to Prepare for OTCQB Uplisting, New Portfolio Brands and Acquisitions

Cannabis Strategic Ventures (OTC: NUGS) this morning announced the expansion of its independent board of directors and executive team in preparation to uplist to the OTCQB Venture Market Place and expand its portfolio with additional brands and assets. Expansion of NUGS’ independent board of directors is among the final key pieces for OTCQB uplisting. New appointments include the following: SEC attorney Tad Mailander and Jesus Quintero, current CFO of MassRoots, have been appointed to the company’s independent board of directors; Chris Young has been assigned as chief strategy officer; and Arlene Guzman is named as the company’s vice president of…

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ThursdayDec 20, 2018 10:20 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Takes Advantage of Farm Bill, Signs New Chief Sales Officer to Head Cannabinoid Sector Team

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) this morning announced its plans to take advantage of the new Farm Bill, which is set to legalize U.S. hemp cultivation and hemp-derived CBD and other products, with appointment of David Barbash as its chief sales officer beginning in 2019. Barbash is a results-driven sales and marketing professional and a proven negotiator, manager and motivator with than 20 years of experience in new business development. “It’s an incredibly exciting time at ETST, and I am very thankful to be heading up the team that is going to lead the way in the…

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ThursdayDec 20, 2018 10:16 am

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Launches WheresCBD.Com as Part of Hemp and CBD-Related Products Strategy

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced the expansion of its hemp and CBD strategy with the launch of a its new products portal, www.WheresCBD.com. The new site will aggregate nationwide CBD products for consumers searching for high-end hemp oil and CBD isolates and mirrors DVLP’s popular WheresWeed.com website and cannabis services hub. “Where’s Weed has been a home run for us since we made the move and acquired the leading cannabis and hemp community hub several months ago,” DVLP CEO Stavros Triant stated in the news release. “We…

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ThursdayDec 20, 2018 9:41 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Provides Video Discussing 2018 Farm Bill and Its Opportunity-Driving Potential for SingleSeed Subsidiary

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its publication of a video (http://cnw.fm/UjRl5) that discusses the 2018 Farm Bill. According to the update, SING management believes that the reclassification of hemp may be a big driver for its SingleSeed subsidiary, which provides a variety of hemp-based CBD products, from tinctures to waters, at SingleSeed.com. To view the full press release, visit http://cnw.fm/Jzy3j About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments,…

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ThursdayDec 20, 2018 9:33 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Acquires Interest in European-based Cannabis Producer

The Flowr Corporation (TSX.V: FLWR), a Canadian Licensed Producer of premium cannabis products, this morning announced that it has acquired a 19.8% interest in Holigen Limited for a cash payment of CAD $6 million. The European-based cannabis company is presently developing large-scale cannabis cultivation facilities and Good Manufacturing Process (“GMP”) compliant production facilities. These facilities are anticipated to provide finished medical cannabis products, pharmaceutical ingredients, and plants and seeds to medical cannabis markets worldwide. Per the update, Flowr entered into an exclusive termed intellectual property (“IP”) licensing agreement to provide its cultivation, facility design and construction IP to Holigen during…

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WednesdayDec 19, 2018 9:19 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Sees Bright Future Upon Implementation of Hemp Provisions to the U.S. Farm Bill

Sugarmade (OTCQB: SGMD) this morning commented on recent provisions of the U.S. Farm Bill regarding specific hemp cultivation and legalization. The company believes the passage of the bill could create extra revenue and investment opportunities, as the industrial hemp, CBD oils and other hemp products markets are expected to skyrocket upon implementation of the provisions. “Our vast experience in the supply of cultivation, harvesting and processing products places Sugarmade in a strong position to increase its revenue and profit outlooks as dozens of new operations prepare to come online," Sugarmade CEO Jimmy Chan stated in the news release. “Many of…

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TuesdayDec 18, 2018 3:26 pm

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Serving the Cannabis Industry with Software and Technology Offerings

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabidiol (“CBD”) products marketplace, supports the cannabis industry by offering trustworthy software and technology. A recent article discussing the company reads, “Golden Developing Solutions utilizes several important software programs to achieve its goal of stakeholder connectivity. It recently acquired one such company, ‘Where’s Weed’, which is an American cannabis technology company aiding medical and recreational cannabis users in locating trustworthy local growers within their communities. WheresWeed.com has amassed an impressive online following, logging nearly three million page views per month. Further seeking to meet customers where they are, the Where’s…

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TuesdayDec 18, 2018 2:41 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Recognized as ‘Brand of the Year’

Supreme Cannabis Company’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) wholly-owned subsidiary and flagship brand 7ACRES was recently named ‘Brand of the Year’ by a panel of industry professionals across various sectors of the cannabis market. A recent article further discussing the award reads, “The 2018 Canadian Cannabis Awards (“CCAs”), a black-tie gala attended by nearly 600 industry leaders, celebrated excellence in Canada’s burgeoning world-class cannabis industry. It was also heralded as the world’s first award program dedicated to a federally regulated recreational cannabis market. 7ACRES received top honors with ‘Brand of the Year’, as determined by a committee of qualified…

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TuesdayDec 18, 2018 2:36 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Positioned to Capitalize on Impending Supply Glut

The Flowr Corporation (TSX.V: FLWR), a Canadian Licensed Producer of premium cannabis products, was highlighted in a recent article published by The Motley Fool, titled ‘This Tiny Marijuana Stock Could Be Better Prepared for the Coming Supply Glut Than Canopy Growth and Tilray’ authored by Keith Speights. The article discusses several cannabis industry players, including Canopy Growth Corp. (NYSE: CGC) (TSX: WEED) and Tilray, Inc. (NASDAQ: TLRY). Per the article, a smaller company like FLWR might be more prepared for the impending Canadian oversupply than the companies holding larger market caps. FLWR’s low operating costs will better position it to…

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