CannabisNewsBreaks

TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Secures 10 More Cannabis Retail Opportunities in Alberta and British Columbia

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional seven cannabis retail locations in Alberta, as well as three additional retail licenses in British Columbia. To date, the company has secured 25 cannabis leases in highly strategic and secure locations throughout Alberta and 10 retail opportunities in British Columbia. “This is a significant step towards establishing Choom's strategy to be a leading private cannabis retailer in Canada,” Chris Bogart, president and CEO of Choom, stated in the news release. “Market share and customer acquisition in…

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MondayJun 18, 2018 3:10 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Announces EVIO Canada’s Scheduled Exhibit with Keystone Labs Inc. at the International Cannabis Business Conference

EVIO (OTCQB: EVIO) today announced that EVIO Canada, which serves as the parent company for the company’s Canadian operations, will be exhibiting along with Keystone Labs Inc. at the International Cannabis Business Conference (“ICBC”) taking place in Vancouver on June 24 – 25. EVIO Canada acquired 50% of Keystone Labs in April 2018. "The rollout of Canada's recreational program will lead to a new community of cannabis adopters and an increase in demand for high quality, clean products. Through this merger, we are better equipped to meet the demand for testing," EVIO CEO William Waldrop stated in the news release.…

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MondayJun 18, 2018 12:27 pm

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Engages NetworkNewsWire for Corporate Communications Solutions

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW"). FinCanna is a royalty company with a primary focus on the flourishing California cannabis market. The company leverages its broad investment expertise and industry experience to bring value to its shareholders and portfolio companies. As part of the Client-Partner relationship with FinCanna Capital Corp., NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the full…

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MondayJun 18, 2018 10:18 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Files Form 10 to Become Fully Reporting

SinglePoint, Inc. (OTCQB: SING) this morning announced the successful completion and filing of the company’s Form 10 Registration Statement with the Securities and Exchange Commission. This marks a significant achievement for the company by helping to establish credibility in the investment community. “We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It’s a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth,” SinglePoint president…

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MondayJun 18, 2018 9:31 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Closes Okanagan Falls Property Purchase

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Sunniva Medical Inc. ("SMI"), has closed the purchase of a 126-acre industrial zoned property in Okanagan Falls, BC. The Sunniva Canada Campus, a facility designed to be a 740,000 sq. ft. Good Manufacturing Practice ("cGMP") compliant greenhouse, will be located on the newly purchased property. The total consideration of $7 million for the purchase is comprised of a $3.5 million cash payment with the remainder paid through a vendor take back mortgage financing ("VTBMF").  The VTBMF is for a one-year term with an…

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MondayJun 18, 2018 9:30 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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FridayJun 15, 2018 3:09 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Positioned in Growing Markets with Novel Therapies and Groundbreaking Delivery Platform

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is positioned in rapidly-growing markets with innovative preventative therapies and a groundbreaking cannabidiol (“CBD”) drug delivery platform. An article discussing this reads, “Research has shown CBD to be non-psychoactive and to have anti-inflammatory, anti-anxiety and anti-emetic properties (http://cnw.fm/o5xXH). Following nasal administration, the formulations gel rapidly with mucosal tissue to facilitate direct nose-to-brain delivery of cannabinoids. The gel substantially improves bioavailability and provides controlled cannabinoid release, staying in the nasal passages for up to seven days.” To view the full article, visit http://cnw.fm/X4Koh About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

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FridayJun 15, 2018 3:04 pm

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Leveraging Proprietary Technology in Innovative Cannabinoid Product Pipeline

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) is leveraging innovative technology to target pain and a number of chronic conditions. A recent article discussing this reads, “These proprietary technologies are deployed in the development of cannabidiol (CBD) and tetrahydrocannabinol (THC) based products. Pivot’s cannabinoid pipeline of pharmaceutical products includes two that use the Solmic drug delivery technology for cancer supportive care, targeting the relief of mucositis and chemotherapy-induced nausea and vomiting. The company has also deployed its Bi-Phasix™ delivery platform for the development of four products that target women’s sexual desire disorder, glaucoma, dysmenorrhea and dermatological conditions. Pivot’s…

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FridayJun 15, 2018 1:16 pm

CannabisNewsBreaks – NUGL Inc. (NUGL) Aims to Build Metasearch Technology and Unmatched 420 Infrastructure

NUGL Inc. (OTC: NUGL) is focused on driving business relations, development and organic data in the cannabis industry with metasearch technology and unmatched infrastructure. CEO Brandon Vargas discussed a recent partnership with Thinklogic and the appointment of CEO Chris Adams to NUGL’s board of directors, stating, “This strategic partnership puts NUGL in a distinguished class, adding a first-rate technical software expert like Chris gives NUGL a unique technological advantage. With the addition of Chris’s knowledge and expertise combined with Thinklogics’ experienced and skilled staff, NUGL will have the ability to evolve and build a strong infrastructure unmatched in the 420…

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FridayJun 15, 2018 12:31 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) in Final Stages to Open Doors, Opportunity with OTCQB Uplisting

Innovative biotech company Earth Science Tech (OTC: ETST) understands that transparency is key to acceleration of its business growth and is in the final phases for uplisting to the OTCQB Venture Market. A recent article includes CEO and Chief Science Officer Dr. Michel Aube’s comment on the move that is expected to open many doors, indicating, “Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We…

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