CannabisNewsBreaks Archive - Page 67 of 419

FridayOct 29, 2021 1:11 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Earns Coverage for DehydraTECH(TM)’s Potential Market Reach, Multiple Uses

Lexaria Bioscience Corp. (NASDAQ: LEXX) was recently part of coverage by Zacks Small-Cap Research analysts based on its market potential. Zacks, which focuses its coverage on small and micro-cap companies it regards as under-followed or under-valued by the broader market in an effort to benefit investors as well as worthy innovators, valued the company at $15 per share. The valuation was based on the company’s portfolio supporting Lexaria’s patented DehydraTECH(TM) consumption and the multiple potential uses of the technology. The technology is also relatively low-cost, with the capacity to produce up to 400,000 consumer packaged goods through existing manufacturer relationships.…

FridayOct 29, 2021 10:47 am

CannabisNewsBreaks – Sprout AI Inc. (CSE: SPRT) to Provide Cultivation Services for Company Offering Plant-Based Medical Products

Sprout AI(CSE: SPRT), a technologically focused, sustainable vertical farming company that has developed scalable, AI-controlled aeroponic cultivation habitats, will be providing cultivation services for JT Medical. JT Medical has announced that it is accepting memorandums of understanding (“MOUs”) from researchers looking to obtain high-quality, repeatable batch, plant-based medical products derived from regulated plants. The company noted that those plants may include cannabis, psilocybin mushroom and peyote. In the announcement, JT Medical said that SPRT provides self-contained habitats used in the process of producing its high-quality, repeatable batches. The habitats provide control of variables that impact crop duplication. JT Medical explained…

WednesdayOct 27, 2021 2:23 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Eyes Opportunity in Largely Untapped Market

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, recently announced a series of new corporate developments designed to further broaden its commercial prospects. Among these, BevCanna recently entered into a sales service agreement with Velvet Management Inc., Canada’s leading cannabis sales agency. In addition, the company signed multiple product purchase agreements with the British Columbia Liquor Distribution Branch (‘BCLDB’), a testament to BevCanna’s rapidly expanding distribution network across Canada. This comes on the heels of two similar agreements with Alberta Gaming and Liquor Commission (‘AGLC’) and Ontario Cannabis Store (“OCS”).…

WednesdayOct 27, 2021 1:26 pm

CannabisNewsBreaks – CWCBExpo to Cover Essential Topics in Upcoming NYC Event

Cannabis World Congress & Business Exposition (“CWCBExpo”), the premier East Coast trade show and conference dedicated to the legalized cannabis industry, is ramping up for its return to New York City; the expo is scheduled for Nov. 4–6, 2021, at New York City’s Javits Convention Center. The event is designed to be a leading business forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators and entrepreneurs working in the space to achieve commercial success and identify new areas of growth. The agenda for CWCBExpo New York is committed to delivering in-depth educational information and material that discusses all facets…

WednesdayOct 27, 2021 10:58 am

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Enters MOU to Acquire Top-Tier Indoor Cannabis Cultivation Facility

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced its entry into a memorandum of understanding (“MOU”) between Cannabis Strategic Ventures and Devine Solutions Inc., a California corporation. The MOU relates to the proposed acquisition by NUGS of an indoor cannabis cultivation facility in Sacramento, California. Under the terms of the MOU, the company intends to purchase 10% of the facility at a valuation of $15 million for the entire facility, with an option to purchase an additional 41% of the facility (which would comprise a controlling 51% stake) at this same valuation. “This…

WednesdayOct 27, 2021 10:46 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partners with SHOWFIELDS to Launch MIND Naturals and Awe (Ô) CBD Skincare Brands

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced that its Flora Beauty division has entered an agreement with SHOWFIELDS, a revolutionary retail concept built to engage and inspire the journey of discovery through revolving experiences with the brands and communities. Under the agreement, SHOWFIELDS will feature Flora’s two skincare brands, MIND Naturals and Awe (Ô), at its flagship location in South Beach, Miami, as well as through its online store. According to the update, the campaign launch is expected to begin Nov. 8, 2021. “We are very excited to…

TuesdayOct 26, 2021 2:32 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Enters LOI to Acquire Omni Services LLC

RYAH Group (CSE: RYAH) today announced its entry into a non-binding letter of intent (“LOI”) with Omni Services LLC (d/b/a “Omni Medical Services” or “Omni”), a leading physician-owned and operated telehealth, cannabis clinic and certifications company operating in the United States, with respect to the potential acquisition of 100% of the business and assets of Omni. The LOI, if consummated, is expected to combine Omni's clinical research capabilities with the company's IoT monitoring and control devices, and further the company's ability to procure state and federal grants in the United States, which are reserved for the funding of clinical research…

TuesdayOct 26, 2021 12:39 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Announces Key Milestone in Building Farm-to-Sale Vertical Model

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that the company is set to take full operational control of the downtown Los Angeles “MDRN Tree” cannabis product dispensary. MDRN Tree is the company’s first in-house end-market consumer-facing retail sales outlet. Beginning in November 2021, NUGS will begin to record sales from the dispensary on its books. “We continue to build a full farm-to-sale vertical model, and MDRN Tree is a big part of that vision,” said Simon Yu, CEO of NUGS. “It’s exciting to watch the pieces come together, and we look forward…

MondayOct 25, 2021 12:32 pm

CannabisNewsBreaks – CWCBExpo Names CannabisNewsWire as Official Newswire for NYC’s CWCBExpo

Cannabis World Congress & Business Exposition (“CWCBExpo”) announced that it has again partnered with CannabisNewsWire (“CNW”), a specialized communications platform for the cannabis sector and one of the more than 50 brands that make up InvestorBrandNetwork (“IBN”). CNW is also a sapphire sponsor of the event, which will be held Nov. 4–6, 2021, at the Javits Convention Center in New York City. This year’s NYC CWCBExpo agenda features more than 50 speakers and thought leaders who will provide vital insight and information regarding the industry. Keynote speakers, panel discussions and various sessions will cover pertinent, relevant topics chosen to support…

MondayOct 25, 2021 11:28 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Opens Pathway to Dry Flower Export Through Receipt of GACP Certification

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, today announced its receipt of the Good Agricultural and Collection Practices (“GACP”) certification by the Control Union Medical Cannabis Standard (“CUMCS”). According to the update, paired with the recent Colombian law change, Flora can now export its high-quality dry flower to international GMP active pharmaceutical ingredient (“API”) producers or to markets where flower can be imported. “In advance of this milestone, our team has signed several LOIs for the sale and distribution of dry flower and derivative products to several international jurisdictions, including…

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