CannabisNewsBreaks Archive - Page 301 of 419

ThursdayOct 18, 2018 8:58 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Announces Launch of Three New Products through SingleSeed.com

Technology and investment company SinglePoint, Inc. (OTCQB: SING) this morning announced the addition of three new products to SingleSeed.com, the company’s subsidiary focused on providing hemp-based CBD products to customers nationwide. Per the update, the new products will include a CBD muscle salve with an easy applicator, a CBD hair and beard oil and a new sleep aid tincture. These new offerings will be available on SingleSeed.com next week, with orders being fulfilled by DIGS, another SinglePoint subsidiary. The introduction of these new offerings comes in the wake of SingleSeed’s recent addition of Lalpina Water, which is produced by American…

ThursdayOct 18, 2018 8:58 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Granted Two New US Patents

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) this morning announced that it has been granted two new U.S. patents. Per the update, the two new patents are related to certain cannabinoid infused beverage compositions utilizing Lexaria’s proprietary DehydraTECH process, a process which continues to strengthen the company’s dominant intellectual property position in the growing cannabis beverage market. With these new additions, Lexaria now has six granted patents in the U.S. and four granted patents in Australia, all 10 of which fall within the company’s first patent family, “Food and Beverage Compositions Infused With Lipophilic Active Agents…

WednesdayOct 17, 2018 11:21 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Inks LOI to Acquire Sky Unlimited; Increases FY2019 Revenues Guidance to $70M

Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning reported that it has signed a binding Letter of Intent ("LOI") to acquire Sky Unlimited, LLC, dba Athena United. Sky Unlimited is a supplier of cannabis cultivation materials to wholesalers and commercial cannabis cultivators. The company anticipates that this acquisition will drive earnings and shareholder value, so it is revising its guidance for full-year 2019 revenues to more than $70 million. Per the terms of the LOI, 10 million common shares of Sugarmade, which will immediately vest as a non-refundable fee, will be issued to the owners of Sky Unlimited. In return…

WednesdayOct 17, 2018 11:14 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Details Proposed Acquisition of Oakland Vision Project

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced its entry into a non-arm’s length binding letter of intent to acquire all of the issued and outstanding equity interests of the Oakland Vision Project (“Vision”). Per the update, Vision is co-owned by Vinayak Shastry, Sunniva’s president of U.S. operations, and operates a licensed cultivation facility located in Irvine, California. “This acquisition will deliver full vertical integration in California that strategically enhances the value of the Sunniva brand,” Leith Pedersen, president of Sunniva, stated in a news release. “Production from this facility will allow Sunniva to launch…

WednesdayOct 17, 2018 10:29 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Subsidiary Secures Cultivation License from Health Canada

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that its wholly-owned subsidiary, Specialty Medijuana Products Inc., has received a cultivation license from Health Canada. Additionally, the company is currently executing its aggressive expansion plan to form a significant retail storefront brand in the Canadian adult use market. Choom is well-positioned to be a major retail player in the emerging market as it holds the rights to 52 retail opportunities across Western Canada while its growing presence in Alberta reaches 29 with 14 development permits and 11 building permits received from the various municipalities. "Now…

WednesdayOct 17, 2018 9:39 am

CannabisNewsBreaks – American Premium Water Corp. (HIPH) Develops Hydro Nano Infused THC-Cannabis Beverage Prototype

American Premium Water (OTC: HIPH) this morning reported that it has created a prototype tetrahydrocannabinol (THC)-infused beverage employing the company’s hydro-nano technology. HIPH is presently in discussions with Canadian distributors and U.S. dispensaries regarding the beverage, which it anticipates will be the first hydro-nano-infused THC beverage on the market upon its official launch. The hydro-nano THC beverage is similar to HIPH’s LALPINA Hydro CBD beverage in that it boasts an absorption rate of up to 90% higher than conventional THC beverages, enabling the THC to instantly penetrate into the cells, bypassing the bloodstream and creating a more immediate effect. American…

TuesdayOct 16, 2018 11:42 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Cultivating Opportunity with Ultra-High Grade CBD Hemp Amidst Higher Demand

Hydroponics supply company Sugarmade (OTCQB: SGMD) is cultivating opportunity in producing ultra-high grade cannabidiol hemp ahead of increased demand. A recent article includes CEO Jimmy Chan’s comments on key opportunity and timing, stating, “We are especially excited about the particular strain of hemp that was planted, which is expected to yield up to 14 percent CBD. Such a strain of product is in significant demand and it is expected that the entire crop will be sold prior to harvest. Our timing on our investment could not have been better considering the pending Farm and Hemp Bills and demand situation, which…

TuesdayOct 16, 2018 11:35 am

CannabisNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Details Expanded Distribution of Café La Rica Brand across Southeastern US

Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) this morning announced the planned expansion of its Café La Rica brand into over 500 retail stores and 125 cafeterias. Per the update, the expanded distribution agreement now includes all Winn Dixie and Bi-Lo locations, in addition to 125 Winn Dixie Cafeterias, broadening Café La Rica’s retail presence into Georgia, Alabama, Louisiana, Mississippi, North Carolina and South Carolina. “We are very proud to have our Café La Rica Espresso expand so significantly,” Ernesto Aguila, president of CLR and founder of the Café La Rica Brand, stated in the news release. “We…

TuesdayOct 16, 2018 11:27 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Obtains Medical Sales License for Ancaster Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that it has received its medical sales license from Health Canada in accordance the Access to Cannabis for Medical Purposes Regulations ("ACMPR") for its Ancaster, Ontario facility. "As we prepare for our Founders Club product launch in January 2019, this is a critical step in our path to becoming the global leading organic cannabis brand," Brian Athaide, CEO of The Green Organic Dutchman Holdings, stated in the news release. "We have been perfecting our organic grow methodology in Ancaster and are prepared for the…

TuesdayOct 16, 2018 10:27 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Announces Partnership for Laboratory Services Related to Hygee Medical Device

Biotechnology company Earth Science Tech, Inc. (OTCQB: ETST) this morning announced its entry into an agreement with Groupe Opmedic Inc. and its Procrea Fertility Laboratories to provide the laboratory services for the detection of sexually transmitted infections (STIs) in women using Hygee, ETST’s proprietary self-sampling medical device. Procrea Fertility offers an advanced range of laboratory testing of cervical cells, including tests for human papillomavirus (HPV), chlamydia trachomatis (CT) and Neisseria gonorrhoeae (NG). Per the update, the cervical cell samples collected using Hygee are only certified for CT testing, with NG certification expected to follow shortly. “We are excited to be…

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