CannabisNewsBreaks Archive - Page 315 of 419

TuesdaySep 04, 2018 11:39 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Proprietary Cannabinoid Extraction Protocol

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) today announced that it has successfully optimized its extraction protocol during its soluble gel ("Sol-gel") drug delivery research and development program. The company augmented the circumstances for extracting cannabinoids from one of its cannabis strains and established a proprietary method for the accurate quantification of cannabinoids present in the extract. The accuracy and precision of the company’s extraction protocol was confirmed against eight commercial cannabinoid standards over a wide concentration range. PreveCeutical anticipates that the new protocol will accelerate the creation of a library of chemically fingerprinted cannabinoid extracts.…

TuesdaySep 04, 2018 11:22 am

CannabisNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

TuesdaySep 04, 2018 10:48 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reaches Fully Reporting Status with the SEC

Biotechnology company Earth Science Tech (OTC: ETST) this morning announced its Form 10 filing effective date of August 29, 2018, making the company fully reporting with the Security Exchange Commission (“SEC”). ETST is now subject to the reporting requirements of the Exchange Act of 1934, as amended. “With our Form 10 filing now effective, ETST is progressing towards fulfilling its goals,” Earth Science Tech president, director and Chairman Nickolas S. Tabraue stated in the news release. “Following this achievement, we anticipate to up-list to the OTCQB tier in early September, due to our early application submission with OTC Markets Group,…

TuesdaySep 04, 2018 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Extend First Milestone Option

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has reached an arrangement regarding its investor rights agreement with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) to extend Aurora’s exercise deadline of its first milestone option by six weeks. The milestone option, which entitles Aurora to acquire an additional 8% of the common shares of the company, will now expire on October 12, 2018. “The Aurora partnership has been incredibly beneficial for both parties to date,” The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release.…

TuesdaySep 04, 2018 9:32 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Records Significant Revenue Growth in FY2018 Financial Results

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its financial results for fiscal year 2018, as well as its outlook for fiscal year 2019 as the company continues its operations through both financial services and consumer products business segments. Per the update, the company’s gross operating revenues for the fiscal year ended May 31, 2018, were up 41 percent year-over-year, an increase that CIIX attributed to consumer product sales through its ChineseHempOil.com Inc. and CBD Biotechnology Co., Ltd. subsidiaries. “We have seen significant growth in revenue in the fiscal year ended May 31,…

FridayAug 31, 2018 2:45 pm

CannabisNewsBreaks – Sunniva (CSE: SNN) (OTCQX: SNNVF) Considered Undervalued by Investment Researchers

Sunniva (CSE: SNN) (OTCQX: SNNVF) was recently covered in a publication by Beacon Securities Limited that argued that Sunniva is significantly undervalued. An article further discussing the company reads: “Cannabis supplier Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) strengthening foothold in California’s and Canada’s consumer-populated markets has been failing to translate to its stock price and market cap since it began trading on the Canadian Securities Exchange and the U.S. OTCQX® Best Market in January, leading investment researchers at Beacon Securities Limited (http://cnw.fm/PhE2A) to classify Sunniva’s public offering as a “badly mispriced” listing that could reward investors who buy in at…

FridayAug 31, 2018 2:33 pm

CannabisNewsBreaks – NUGL Inc. (NUGL) Meeting the Needs of the Expanding Cannabis Industry with Flexible Web App Technology

NUGL (OTC: NUGL), through its flexible web app technology, is providing the cannabis community with the first software application to offer sophisticated, in-depth marketing and networking capabilities. A recent article discussing the company reads: “The legal cannabis market in the U.S. is projected to reach $11 billion in consumer spending in 2018 and more than $23 billion by 2022, according to “The State of Legal Marijuana Markets, Sixth Edition,” released in June by Arcview Market Research in partnership with BDS Analytics. Even though legalization of cannabis is still underway in the U.S., the report forecasts a continuing rollout of adult-use…

FridayAug 31, 2018 12:34 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Anticipates Promising Future for CBD Division

ChineseInvestors.com (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, intends to spin off its cannabis-related products into its wholly-owned ChineseHempOil.com, Inc. subsidiary. ChineseInvestors.com CEO Warren Wang recently discussed the investment potential of the company’s CBD division during an interview on MoneyTV (http://cnw.fm/Dqf2Q). A recent article discussing the company reads: “The company first started laying the groundwork to capitalize on the growing demand for cannabidiol-based nutrition and health products in 2016. In 2017, ChineseCBDoil.com was launched, offering the first online CBD health product store in the Chinese language. Soon after, a ‘Yelp’ style social media application available in the Apple…

FridayAug 31, 2018 12:27 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions’ (REFG) Green Platform Offers Cannabis-related Businesses a Total Banking Solution

Medical Cannabis Payment Solutions (OTC: REFG), through its Green platform, is offering an end-to-end management system to its clients operating in the cannabis industry. A recent article discussing the new addition reads: “Green is one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. This state-of-the-art system takes payment directly from customers, tracks sales and tax collection, pays bills and payroll, eliminates cash-only transactions, integrates ecommerce shopping carts for online orders and more. The Green platform also provides online bank accounts to help cannabis providers deal with the problem of…

FridayAug 31, 2018 11:35 am

CannabisNewsBreaks – The Flowr Corp. Prepares to Join the Growing Ranks of Publicly Traded Cannabis Companies

The Flowr Corp. (“FLOWR”), a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article on TheStreet.com titled, “Will Investors Be Ready to Digest All the New Cannabis Stocks?” authored by Debra Borchardt. The article shines a light on the array of cannabis-related businesses that have recently filed and completed initial public offerings (“IPOs”). One such company is the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), which was noted in the article to have recently picked up steam. Other companies with recent debuts include MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) and Tilray…

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