CannabisNewsBreaks Archive - Page 49 of 420

MondayApr 04, 2022 1:42 pm

CannabisNewsBreaks – American Cannabis Partners Welcomes Accomplished Entrepreneur to Combine Strengths, Accelerate Expansions in the Cannabis Space

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, today announced its appointment of T.J. Dillashaw as its director of marketing and as a member of the company’s advisory board. Dillashaw’s experience includes being a successful franchisee and area developer for a rapidly-growing certified organic juice bar company, as well as bringing new retail business to a sports nutrition and functional energy beverage company, for which he serves in a leadership capacity for marketing and business development. “I am pleased to welcome T.J., a two-time mixed martial arts bantamweight champion and accomplished entrepreneur, to ACP,” said Stephen Jordan, ACP’s…

MondayApr 04, 2022 1:23 pm

CannabisNewsBreaks – Grapefruit USA Inc.’s (GPFT) ‘Summit Boys’ Brand Available for Doorstep Delivery in LA County

Grapefruit USA (OTCQB: GPFT), a California canna-biotech company, today announced the launch of its Monterey-based “Summit Boys” brand of premiere concentrates on the Blitzdirect.com (“Blitz”) mobile delivery online platform in California. With this move, Grapefruit’s L.A. County customers can have Summit Boys’ top-shelf concentrates delivered directly to their doorstep via Blitzdirect.com. A leading California-licensed cannabis mobile delivery service, Blitz operates within a 30-mile radius of Los Angeles County. “Blitz’s inclusion of Summit Boys’ high-end concentrates on its mobile delivery menu validates their unique flavor profiles and quality, and will significantly expand our customer base,” said Grapefruit CEO Bradley Yourist. “Yet…

MondayApr 04, 2022 10:28 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Preps First Export Following Colombia’s New Export Regulations

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced that Colombia has completed its required regulations to allow cannabis companies operating in the country, including Flora Growth, to export THC and CBD dried flower. The country passed Resolution 539 on April 1, 2022, which is a regulatory checklist for companies; the resolution includes export quotas. The export steps included in the resolution outline adjustments to Flora’s approved 43.6-ton quota, which means the addition of dried flower can be included with FLGC’s existing purchase agreements from countries including Germany, Israel, Australia, South…

FridayApr 01, 2022 1:29 pm

CannabisNewsBreaks – LFTD Partners Inc. (LIFD) Announces Record Revenue for Q4 and Full Year 2021

LFTD Partners (OTCQB: LIFD), the corporate parent of leading cannabis and psychedelics-lifestyle and consumer packaged goods company Lifted Made, reported record revenue for fourth quarter and full year 2021, and its sixth consecutive quarter of positive GAAP-basis earnings per share. Among the financial highlights for the 2021 fiscal year, LFTD Partners reported a 492% increase in revenue to $31,656,932, up from $5,344,320 in 2020. “Our tremendous growth and profitability during 2021 was a reflection of the team and infrastructure that we have built over the years and is a testament to the power of a true consumer-run business,” said Nicholas…

FridayApr 01, 2022 12:43 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Earnings Call, 2021 Year-End Results Release Date

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has said it will release its year-end 2021 financial report on Monday, May 2, 2022, after the market closes. The report will also include subsequent events and MD&A. In addition, company management will host a conference call on Tuesday, May 3, 2022, to discuss that report. During that call, Red White and Bloom CEO Brad Rogers will also provide an overview of operations and upcoming events; the call will also include a question-and-answer session with company management. Those interested in the call can…

ThursdayMar 31, 2022 12:42 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Eyes ‘Tip of the Iceberg’ Opportunity with Launch of Platinum Vape(TM) Live Resin in Michigan

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, together with its RWB Michigan LLC wholly owned subsidiary, today announced the debut of Platinum Vape(TM) (“PV”) Live Resin in Michigan. Previously available only in California and Oklahoma, PV Live Resin will soon be in the nearly 400 Michigan dispensaries that now carry Platinum products. “As promised, the Red White & Bloom team is introducing a steady stream of new products and consumption options to satisfy consumer demand in the rapidly growing Michigan cannabis market,” said Brad Rogers, Red White & Bloom chairman…

WednesdayMar 30, 2022 2:32 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) 24th Patent Sets the Stage for New Market Opportunities in Australia

Lexaria Bioscience Corp. (NASDAQ: LEXX), a global innovator in drug delivery platforms, celebrated the receipt of its 24th granted patent entitled “Compositions Infused with Nicotine Compounds and Methods of Use Thereof.” Granted in Australia, this is the first patent awarded from the company’s 8th patent family. “The new patent expands on the company’s international IP rights to apply DehydraTECH(TM) technology to most forms of nicotine, namely sprays, gums, lozenges, pouches, capsules, tablets, and pills. It also covers multiple disparate forms of nicotine, including polymer resins of nicotine, freebase nicotine and other nicotine complexes,” reads a recent article. Prior to the…

WednesdayMar 30, 2022 12:35 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Announces Expansion of Cannabis Delivery Business, New Distribution Model with Dining Partnership

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed two definitive agreements designed to expand the company’s footprint. One of the agreements establishes SGMD’s majority ownership in a fully licensed new Hollywood cannabis delivery hub on Strip as well as a minority stake in an expanding reservation-only restaurant brand that offers a private event space that allows cannabis consumption. The announcement also noted that SGMD will have majority ownership in a brand-new cannabis retail distribution hub offering delivery in the affluent neighborhoods of the West Hollywood Hills. Sugarmade also inked a deal…

WednesdayMar 30, 2022 12:06 pm

CannabisNewsBreaks – Flora Growth Corp.’s (NASDAQ: FLGC) CEO Slated to Present Keynote at Upcoming Plant Medicine Week Conference

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, will be participating in the Plant Medicine Week conference, which is scheduled to be held April 5–8, 2022, in Malta. Flora Growth chair and CEO Luis Merchan is the keynote speaker at the four-day event. Merchan’s presentation, titled “Malta — The Gateway to South American and European Cannabis Relations,'' is slated to start at 2:30 CET and will focus on the opportunity presented by Malta’s standpoint on cannabis as well as the cost advantages of South American cultivation and the broader European opportunity. The…

TuesdayMar 29, 2022 1:10 pm

CannabisNewsBreaks – ECGI Holdings Inc. (ECGI) Approaches Key Strategic Moves in Legal Cannabis and Cannabinoid Marketplace

ECGI Holdings (OTC: ECGI) (d.b.a. Elite Cannabis Group Incorporated), a Nevada-based portfolio company pivoting into the legal cannabis and cannabinoid marketplace, today provided current and prospective shareholders with an update on the company’s operations. “We are working to finalize a transaction to acquire key assets that will serve the purpose of granting us our Major Use License for the upcoming year so we can start our cultivation operations in full,” said William Chung, CEO of ECGI Holdings. Beyond that strategic move, the company is working toward several key acquisitions of intellectual property, talent and tangible operating assets within the cannabinoid…

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