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MondayNov 05, 2018 10:43 am

CannabisNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) Increases Investment in Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), together with Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), this morning announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per share, with a four year maturity date. The unsecured convertible debenture is subject to a minimum conversion amount of $5,000,000. Following the expiration of the hold period, if the volume weighted average trading price ("VWAP") of the common shares on the CSE…

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FridayNov 02, 2018 12:20 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Receives Speculative Buy Rating, $5 Price Target from Clarus Securities

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, is making a name for itself in the booming cannabis sector. FLWR was recently covered in a research report by Clarus Securities, which was then highlighted in a recent article published by CantechLetter.com, titled ‘The Flowr Corporation could be a big winner in the cannabis space, Clarus Securities says’. The research report describes the company as “one of the very few Canadian licensed producers of cannabis with experience in successfully scaling indoor cultivation of premium product.” Clarus Securities…

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FridayNov 02, 2018 10:06 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Appoints Senior VP, Distribution to Drive Brand Growth, Market Presence

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) announced the appointment of its new Senior Vice President, Distribution Greg McCauley. McCauley’s experience spans over 30 years in the consumer products industry, serving in roles with major brands including Jägermeister, Muscle Milk and Red Bull. His experience, skills and network position will assist Phivida in driving product growth, initially with the launch of its Oki brand and to optimize its presence in the rapidly-growing premium functional food and beverage market. "Phivida is delighted that Greg will be joining our team to work with us on this next exciting stage of…

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ThursdayNov 01, 2018 11:49 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Inks $40M Definitive Agreement for Strategic Acquisition of Sky Unlimited, LLC

Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning announced its signing of a binding definitive agreement to acquire Sky Unlimited, LLC, which offers a variety of popular hydroponic brands to several growing agricultural cultivation sectors through its AthenaUnited.com operations and website. Sugarmade expects the acquisition to be highly accretive to common shareholder value and is raising its calendar 2019 revenue guidance from $30 million to $70 million. In accordance with the agreement, Sugarmade will assume all Sky Unlimited operations, brand assets, customers and liabilities, and will retain all employees. Sugarmade will issue Sky Unlimited owners ten million non-refundable shares of…

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ThursdayNov 01, 2018 10:21 am

CannabisNewsBreaks – American Premium Water Corp. (HIPH) Acquires Proprietary Hydro-Nano, CBD and THC Infusion Formation Technology

American Premium Water (OTC: HIPH) this morning announced its acquisition of proprietary technology including formulations infused with electrolyte energy, cannabidiol (“CBD”) and tetrahydrocannabinol (“THC”). Completed through the issuance of restricted stock, American Premium expects to boost its market share with these proprietary formulations that are based on the company’s hydro-nano technology utilized for its original CBD water beverage. The technology allows for an up to 90 percent higher absorption rate than any other beverage in its class, enabling rapid penetration of infused formulations into the cells through surpassing the bloodstream and creating a more immediate effect. The company intends to…

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ThursdayNov 01, 2018 10:00 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Presenting at the NIBA Investment Conference

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning reported that it is presenting at the National Investment Banking Association (“NIBA”) 145th investment conference taking place Oct. 31 - Nov. 1 at the Crowne Plaza Times Square in New York City. The NIBA conference highlights both public and private companies that are looking to raise capital or to increase their profile in the investment community. In addition to investors, attendees of the event include registered investment advisors, venture capital groups, fund managers and private equity groups. "Our…

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WednesdayOct 31, 2018 1:54 pm

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Benefits as Swelling Cannabis Demand Drives Retail Ecommerce Traffic

Golden Developing Solutions (OTC: DVLP), in conjunction with its subsidiaries, offers a broad range of high-quality, price-competitive products containing cannabidiol (“CBD”) and hemp oil in addition to health & wellness-related products. An article further discussing the company reads, “On October 17, 2018, Canada became the second country in the world to legalize cannabis for recreational use. Uruguay was the first, in 2013. In addition, presently, the District of Columbia and nine U.S. states – Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont and Washington – have legalized recreational marijuana. Four more states – North Dakota, Michigan, Missouri and Utah –…

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TuesdayOct 30, 2018 2:49 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) to Grow Alongside Rapidly Expanding Cannabis Market Forecasted to Reach $47B by 2027

Hydroponics supply company Sugarmade (OTCQB: SGMD) is in a great position for growth through its various endeavors in the diverse cannabis industry, which is forecasted to reach $47 billion within the next 10 years. An article further discussing the company reads, “The company is one of the largest publicly traded hydroponics supply companies, with brands that include Zen Hydro, Carry Out Supplies, BudLife Cannabis Storage Solutions and Cali Grown Supplies. With a finger in so many pies, Sugarmade is poised for growth as the cannabis industry continues its exponential expansion. Spending on legal cannabis is projected to quadruple to over…

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TuesdayOct 30, 2018 1:08 pm

CannabisNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Expanding Oceans of Opportunity in Bagging New Coffee Deal

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) is taking advantage of oceans of opportunity and big business in the cruise industry in striking a new deal. An article discussing the company reads, “Its coffee manufacturing division, CLR Roasters, has bagged a contract with another top cruise operator. The two-year deal means roasting and serving coffee to the entire crew and staff of the cruise line, which has a fleet of 60 ships serviced by over 60,000 people from some 100 countries. It also requires CLR to supply coffee to the passengers of three luxury cruise ships. As global popularity…

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TuesdayOct 30, 2018 11:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Takes Necessary Steps to Uplist to a National Exchange

Cannabis Strategic Ventures (OTC: NUGS) recently appointed a new board member with expertise in finance as the company prepares to uplist to a national exchange. A recent article discussing the company’s strategic move reads, “The appointment of Alan Tran to the board of directors of Cannabis Strategic Ventures, Inc. (OTC: NUGS) augurs well for the company’s fortunes, because it is an action that’s likely to be replicated across the cannabis industry. A report in Forbes (http://cnw.fm/70IvM) titled ‘Marijuana is the Fastest-Growing Job Category, Top Recruiting CEO Says’ shows that those forces are already in play. Now that 31 states and…

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