CannabisNewsBreaks Archive - Page 58 of 420

ThursdayJan 13, 2022 3:32 pm

CannabisNewsBreaks – Alternative Products Expo Announces March Debut with Thousands of Products Under One Roof

The first Alternative Products Expo of 2022 will be held March 11–13, 2022, at the Broward County Convention Center in Ft. Lauderdale, Florida. Formerly known as the USA CBD Expo, the Alternative Products Expo features more than 50 expert speakers and insightful presentations, as well as more than 300 vendors providing a look at thousands of alternative products. Presented by 3Chi, the nation’s largest CBN and Delta-8 distributor, the upcoming expo builds on the foundation established by the USA CBD Expo, which had grown to become North America’s largest CBD-focused event. The new event has added a more comprehensive overview…

ThursdayJan 13, 2022 3:06 pm

CannabisNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Strong Financial Results Evidence Continued Execution, Brands’ Impact on Market

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, recently released its unaudited financial results for the fiscal quarter ended Sept. 30, 2021. The company saw revenues increase by more than 1,000% to $1.1 million with a gross profit of $356,168, a significant turnaround from the loss of $40,280 recorded in Q3 2020. A recent article quotes BevCanna Chief Financial Officer John Campbell as saying, “As we closed out the third quarter, we delivered impressive revenue growth of more than 1,000%, achieving $1.1 million in sales, compared to $94,000 in the…

ThursdayJan 13, 2022 2:15 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Strengthening Position Amid Growing Support for Cannabis Legalization

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is one of the companies set to benefit as a growing number of Americans across various age groups and political affiliations support the legalization of cannabis. While cannabis remains an illegal substance federally, a growing number of states have legalized the substance. Cannabis Strategic Ventures, which is establishing a strong foothold in the industry, is guided by the vision to acquire and scale assets in the legal cannabis market while achieving efficiencies through economies of scale and vertical integration. A recent article reads, “As part of that…

WednesdayJan 12, 2022 12:57 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Verticalizing Operations, Expanding End-Market Access in California Cannabis Delivery Marketplace

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is leveraging the combination of NUG Avenue’s high performance and new delivery technology as it moves forward with expansion plans. NUG, which opened its doors at its initial location in March 2021, had gathered more than 10,000 unique members by the end of June 2021. This growth has only increased. NUG Avenue has also added new technology designed specifically to strengthen the company’s competitive advantage in its core delivery zone. Additionally, SGMD has submitted all documentation for the opening of a second NUG Avenue location. The company’s management is…

WednesdayJan 12, 2022 12:49 pm

CannabisNewsBreaks – American Cannabis Partners Poised for Growth Amid Global Supply Chain Disruptions

American Cannabis Partners (“ACP”), a Jamaican experience canna-business innovator, has sought to establish a foothold in two key U.S. cannabis markets – California and Michigan – through a sustainable, vertically integrated model. The company now plans to expand into its third U.S. state in 2022 and its fourth in 2024. The company, which has acquired 12 cannabis cultivation and retail licenses, currently supplies approximately 80% of its whole flower product to third-party manufacturers and distributors; the remaining 20% is used in the manufacture and sale of its exclusive in-house brand, ZÜK. “In addition to its self-sustaining model, American Cannabis Partners…

TuesdayJan 11, 2022 2:10 pm

CannabisNewsBreaks – AmeriCann (ACAN) Achieves 225% YOY Revenue Growth

AmeriCann (OTCQB: ACAN), a cannabis company that develops state-of-the-art cultivation, product manufacturing and distribution facilities, today announced that the company’s year-over-year revenue growth exceeded 225% from the calendar year of 2020 to 2021. AmeriCann attributes the increase in financial performance to greater revenue received from products produced and manufactured at the company's initial development at its Massachusetts Cannabis Center in Freetown, Massachusetts. Among the highlights for the 12 months ended December 2021, AmeriCann reported an increase of 225% in operating revenue for the 12 months ended December 2021 as compared to the prior year. In addition, the company achieved positive…

TuesdayJan 11, 2022 11:44 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Completion of First Cannabis Extraction Through New Facility

Flora Growth’s (NASDAQ: FLGC) wholly owned subsidiary, Cosechemos, has produced the first batch of crude oil through its newly constructed extraction facility. FLGC, a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, made the announcement, adding that the 10,500-square-foot plant, which has an annual capacity to produce 15,000 L of distillate, is also taking steps to become EU-GMP certified. Full certification will allow the company to export medical-grade cannabis derivatives to international markets. The plant is Flora Growth’s primary processing location and facilitates the drying and processing of the company’s all-outdoor cultivated flower into finished, packaged dry…

MondayJan 10, 2022 2:15 pm

CannabisNewsBreaks – Use of Cannabis in PTSD Treatment of Navy Seals Discussed by Leading Psychologist

Harvard-trained forensic psychologist Dr. Kara Coe has released an update discussing her innovative use of cannabis as she works Navy SEALs dealing with post-traumatic stress disorder (“PTSD”). Coe has established a reputation for being one of the most successful interrogators in military history, and her well-respected PTSD treatment practice is located in Virginia Beach, home to the largest military bases in the world. According to the announcement, Coe treats almost 30 active-duty SEALs in weekly, no-cost group therapy meetings. She is known for using cannabis in her treatment efforts that, while unorthodox, have produced life-changing results. Coe points to significant…

FridayJan 07, 2022 1:19 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Carving out Market Share, Tapping Strategic Partnerships

Marijuana Company of America (OTC: MCOA) recently released financial results for the three months ended Sept. 30, 2021 (“Q3 2021”), posting a 731% year-on-year increase compared to the same period in Q3 2020. Total revenue stood at $442,178 (up from $53,195), with gross profit to $63,687, up from $16,025 in Q3 2020, representing a 297% increase over that period. MCOA has attributed the impressive growth to its new acquisition of cDistro, a distribution enterprise, which positioned it to take advantage of immediate revenue granted by the opportunity to carve out a significant market share in the specialty distribution space. In…

ThursdayJan 06, 2022 3:40 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Expands White-Label Program to Add Averi Health Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, recently entered into an agreement to manufacture and distribute white-label cannabis beverages for Averi Health Products. An emerging alternative beverage company, Averi Health Products was founded by Terry Donnelly, former CEO of the award-winning Hill Street Beverage Co. Catering to millennials’ changing preferences, with many choosing to consume less alcohol than preceding generations, Averi is focused on creating cannabis and hemp-infused adult beverage options directed at consumers with a discerning palate, who are unwilling to compromise on taste, complexity, sophistication or social…

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