CannabisNewsBreaks Archive - Page 308 of 419

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,…

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…

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.…

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…

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…

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.…

WednesdaySep 26, 2018 9:40 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investee Company Receives First Purchase Order

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its investee company, Refined Resin Technologies Inc., has secured its first purchase order for THC distillate in the amount of $840,000. The purchase order received from a high volume, top California cannabis brand specified $840,000 as the minimum annual amount. Monthly volumes and the related payments may increase based on reliable delivery and performance. “To secure a large purchase order from a top California brand is a testament to the stature of the Refined Resin team and bodes well for…

TuesdaySep 25, 2018 4:30 pm

CannabisNewsBreaks – The Flowr Corp. (TSX.V: FLWR) Featured in Benzinga Article ahead of Public Listing

The Flowr Corp. (TSX.V: FLWR), a vertically integrated Canadian cannabis company, was the subject of a recent article published by Benzinga, titled ‘Canada's Flowr Corp. Prepares To Go Public, Bets On Premium Cannabis, Eyes Global Expansion’. As noted in the article, Flowr went public via a reverse takeover of The Needle Capital Corp., allowing it to avoid the need for an IPO. The company intends to list on a U.S. exchange at a future date. “Many of the large producers need to irradiate all of their product to pass Health Canada inspection and that hurts the flavor and smell of…

TuesdaySep 25, 2018 3:05 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Green Processing System Keeps Customers in Compliance

Medical Cannabis Payment Solutions (OTC: REFG), through its Green FinCEN-compliant processing system, enables patients to link their bank accounts and debit those accounts to make purchases at state-licensed cannabis establishments. A recent article discussing the company reads: “Green allows a dispensary to take electronic payments and deposit cash securely, all in complete FinCEN compliance. Merchants can open an account on the company’s website by completing a Dispensary Merchant Application (http://cnw.fm/K9Yo6). Using the system, dispensaries need not worry about regulatory issues, since FinCEN compliance is incorporated into the transaction processing platform. Medical Cannabis Payment Solutions keeps customers in compliance and retains…

TuesdaySep 25, 2018 2:58 pm

CannabisNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Platform Solves Unique Challenges Faced by the Cannabis Industry

BLOCKStrain Technology (TSX.V: DNAX) (OTC: BKKSF), through its easily integrated BLOCKStrain platform, offers the cannabis market a single-source accountability system. A recent article discussing the company’s innovative platform reads: “While supply chain transparency and verification are ongoing issues for various industries, in an emerging industry like the cannabis market, in which regulations are still being established and the proverbial kinks are still being worked out, the need for a reliable means of seed-to-sale tracking is even more acute. … Until recently, cannabis products were largely available only on the black market. As cannabis availability and legalization now continue to expand…

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