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FridaySep 28, 2018 11:29 am

CannabisNewsBreaks – Analyst Warns Investors Against Blindly Following Trends

A recent article by Christoph Damm on BusinessInsider.com titled, “Cannabis stocks just went through the roof — but this stockbroker is warning investors not to follow the hype” highlights the dangers of following each new trend when it comes to making investments on the stock market. One such trend right now is Cannabis. With upcoming legalization in Canada and changing legislation in the US, the cannabis sector is a hot topic that is constantly at the forefront of the media. Folker Hellmeyer, chief analyst at Solvecon Asset Management, believes that investors should pay more attention to companies' analyses than blindly…

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FridaySep 28, 2018 11:24 am

CannabisNewsBreaks – The Flowr Corporation (TSXV: FLWR) Subsidiary Commences Direct Sales

The Flowr Corp. (TSX.V: FLWR), a vertically-integrated Canadian cannabis company, yesterday announced that its subsidiary, The Flowr Group (Okanagan) Inc., has launched direct sales of its FlowrRx brand medical cannabis to customers through its website, www.Flowr.ca. Per the update, the company will initially accept a limited number of customers, providing them with access to a wide range of cannabis strains. “FlowrRx's premium cannabis is grown to provide our clients with the medicinal benefits they seek and, most importantly for their care, a consistent experience,” Dr. Lyle Oberg, chief policy and medical officer of Flowr, stated in the news release. “We’re…

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FridaySep 28, 2018 9:55 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Filing of New Strategic Patent Application

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, this morning announced the filing of a new strategic patent application. Per the update, the new provisional patent application is entitled "Lipophilic Active Agent Infused Tobacco Leaves and/or Tobacco Materials and Methods of Use Thereof" and represents Lexaria’s tenth patent family, expanding the applicability of the already-patented DehydraTECH technological process to impart benefits to tobacco leaves that may be utilized to deliver compounds that may or may not include nicotine. Notably, Lexaria intends to manage between 150 and 200 patent applications around the world within two years. To…

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ThursdaySep 27, 2018 2:57 pm

CannabisNewsBreaks – The Flowr Corporation (TSXV: FLWR) Chairman Featured in Interview by CFN Media Group

Steve Klein, chairman of The Flowr Corporation (TSXV: FLWR), was featured in a recent interview published by CFN Media Group. Host Greg Hasty was on location at the Cannabrunch in New York City to speak with industry leaders and high net worth investors in the cannabis space. During his interview with the FLWR chairman, Klein speaks to the current state of the Canadian cannabis industry, as well as Flowr Corp.’s progress toward establishing a foothold in the market. “There’s a lot of things to be excited about right now,” Klein noted in the interview. “We’re finishing our 85,000-square-foot first facility…

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ThursdaySep 27, 2018 10:54 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Completes Audit for FY2018, Nears Fully Reporting Status

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced the completion of a full audit for its fiscal year ended March 31, 2018. Per the update, this milestone completes the three-year audit required to become a fully reporting company with the U.S. Securities & Exchange Commission. Cannabis Strategic Ventures intends to use its fully reporting status to uplist to a higher OTC Markets tier. “Audits tend to be the most time-consuming part of the financial reporting process. With the final audit completed, we can pivot to filing disclosures and reports with the SEC,” Simon Yu, CEO of Cannabis Strategic Ventures,…

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ThursdaySep 27, 2018 10:04 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Uplists to OTCQX Best Market

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that it has qualified to trade on the OTCQX® Best Market. VIVO moved to OTCQX from the OTCQB® Venture Market. The company started trading today on OTCQX under the symbol “VVCIF”. “Our decision to move to the OTCQX® Best Market reflects the building interest in our story and will allow us to increase our exposure to the investment community, both in Canada and internationally,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We are excited to increase liquidity and transparency for our shareholders through an established and respected…

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ThursdaySep 27, 2018 9:26 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Executes Cannabis Distribution Agreement with ParcelPal Technology Inc. (CSE: PKG) (FSE: PT0) (OTC: PTNYF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has entered into an agreement with ParcelPal Technology Inc. (CSE: PKG) (FSE: PT0) (OTC: PTNYF) for cannabis distribution. ParcelPal is a technology driven logistics company that joins consumers with local retailers to get their products delivered swiftly and affordably. Per the update, the two companies will work together to develop an ideal route for distribution of both mail order and same day delivery within several areas. The two companies will also certify that all products will be delivered in accordance with all pertinent regulations.…

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WednesdaySep 26, 2018 2:24 pm

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Moving Closer to Full Vertical Integration in U.S. Cannabis Space

Sunniva’s (CSE: SNN) (OTCQX: SNNVF) is moving closer to its key strategy in becoming a fully integrated cannabis company. CEO Dr. Anthony Holler reviews the company’s developments over the past six months in a recent article, which indicates, “We made great progress in Q2 2018 towards our goal of becoming a vertically integrated cannabis company in the U.S. In California, construction progressed at our phase one 325,000 square foot state-of-the-art Sunniva California Campus with completion targeted by the end of this year and first harvest expected in Q1 2019. Our extraction facility began generating revenue this quarter. We continue to…

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WednesdaySep 26, 2018 11:20 am

CannabisNewsBreaks – The Flowr Corporation (TSXV: FLWR) Commences Trade on the Toronto Stock Exchange

The Flowr Corporation (TSXV: FLWR) today made its debut on the Toronto Stock Exchange, a significant step toward the company’s goal of “becoming one of Canada’s top licensed producers.” Founded by MedReleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists, Flowr has a flagship cultivation facility spanning 85,000 square feet in Kelowna, British Columbia. A Forbes article published this morning notes increased activity in the cannabis sector, alongside a glance at Flowr’s strategies, operations and consumer demand for high-quality cannabis. To read the full Forbes article, visit http://cnw.fm/eC9UB To view the full…

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WednesdaySep 26, 2018 10:26 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Joint Venture Agreement with Asterion Cannabis Inc.

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement to form a joint venture focused on the development of a range of medicinal cannabinoid products, including sublingual tablets, transdermal patches and other jointly evaluated products aimed at treating various ailments such as chronic pain, inflammation, epilepsy and anxiety disorders. “This agreement between PreveCeutical and Asterion further supports our mission to improve global health and healthcare by utilizing innovative science and cutting-edge technology to enhance natural products,” Stephen Van Deventer, chairman, CEO and president of PreveCeutical, stated in the news release.…

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