CannabisNewsBreaks Archive - Page 324 of 429

FridaySep 07, 2018 10:05 am

CannabisNewsBreaks – Mainstream Businesses Evaluate Opportunity in the Cannabis Sector

Altria Group, Inc. (NYSE: MO), the parent company of Phillip Morris and owner of many prevalent cigarette brands, was recently highlighted in an article on MarijuanaMoment.net titled, “Tobacco Giant Altria Is ‘Exploring Options’ On Marijuana” authored by Chris Roberts. Per the article, Altria is assessing opportunities concerning the cannabis industry. Major names in the alcohol industry and other mainstream consumer companies are showing an increasing interest in the cannabis sector as well. Constellation Brands, Inc. (NYSE: STZ), for instance, acquired a large stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) recently. The Flowr Corp., a vertically-integrated Canadian licensed producer…

FridaySep 07, 2018 10:00 am

CannabisNewsBreaks – Why Green Hygienics Holdings Inc. (GRYN) is “One to Watch”

Targeting the high-end medical and adult-use recreational market, Green Hygienics Holdings (OTC: GRYN) is a full-scope, premium cannabis cultivation company. A recent article further discussing the company reads: “The company has integrated and is developing its own IP assets related to proprietary systems and apparatus, software, algorithms and custom-engineered hardware. This provides ultimate efficiencies in a commercially controlled cultivation environment. Utilizing the advantages of hybrid-aeroponics, Green Hygienics creates a sterile growing environment that produces consistent, high-quality product while maintaining the lowest possible carbon footprint. The company utilizes state-of-the-art, quality-controlled commercial cultivation methodology to assure production of pharmaceutical-grade cannabis at much…

FridaySep 07, 2018 9:17 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Strategic Additions to Patent Portfolio

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, this morning announced strategic additions to its patent portfolio. Per the update, three new Australian patents were recently granted to Lexaria by the Australian Patent Office, bringing the company’s total number of issued patents to eight, including four in the U.S. and four in Australia. All eight patents are within Lexaria's first patent family, "Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof." Additionally, the company received two new Notices of Allowance from the U.S. Patent & Trademark Office for pending patent applications,…

ThursdaySep 06, 2018 11:14 am

CannabisNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Innovative Platform Delivers IP Tracking to the Cannabis Industry

BLOCKStrain Technology (TSX.V: DNAX) is providing the first integrated blockchain platform that registers and tracks intellectual property (“IP”) for the cannabis industry. A recent article discussing the company’s innovative platform reads: “The chance to be part of this lucrative market presents an irresistible opportunity, and BLOCKStrain offers the ability to register and track cannabis intellectual property (IP) from “genome to sale,” providing unprecedented benefits to everyone involved, from the cultivation and processing to the sale and use of the plant. … Using BLOCKStrain, growers can identify and protect the different strains of cannabis they develop, establishing irrevocable rights to their…

ThursdaySep 06, 2018 10:02 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Accepting Applications for Banking Solution from State Sanctioned Cannabis Establishments

Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it is accepting applications for depository accounts for all state sanctioned medical marijuana establishments through its website at www.Take.green. In addition, the company said it has received over 100 applications for its processing and banking products. “Once applicants have their depository account set up, our payment solution will be able to transact compliant, electronic, cashless payments,” Medical Cannabis Payment Solutions CEO Jeremy Roberts stated in the news release. “Most medical marijuana establishments are dealing with the crisis of not having any real banking solutions. We’re excited to offer our ability…

ThursdaySep 06, 2018 9:35 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Highlights Strong Growth of Cannabis Search Platform

NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced that the North American growth of its industry-leading cannabis search platform has surpassed expectations, with its online user base and number of listed profiles continuing to expand. “We have methodically approached both users and profile listings simultaneously. We are determined to grow the user base while expanding the company’s listings and profiles at the same time,” Ryan Bartlett, CMO of NUGL, stated in the news release. “NUGL is reaching thousands of users, hundreds of claimed profiles and is growing on both fronts daily. The NUGL Instagram…

WednesdaySep 05, 2018 12:16 pm

CannabisNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

WednesdaySep 05, 2018 10:36 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Unveils Brand Forward Strategy for the Cannabis Industry

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its increased commitment to cannabis industry brands and innovators through the development of a proprietary branding and partnership model for the cannabis industry. As its primary investment focus, Cannabis Strategic Ventures intends to continue to develop multiple proprietary brands over the coming months. The company also aims to continue its work to enhance its infrastructure, product sourcing, communication and content support offerings. “Branding is becoming more important to the development of this industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “As a firm, we predict consumer-focused cannabis brands will…

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…