CannabisNewsBreaks

WednesdayDec 08, 2021 2:11 pm

CannabisNewsBreaks – NCIA’s 7th Annual Cannabis Business Summit & Expo to Debut ‘Show Within a Show’ Sensory Experience

The National Cannabis Industry Association (“NCIA”), the oldest, largest and most influential trade association representing the legal cannabis industry, today announced that it will host the 7th Annual Cannabis Business Summit & Expo. The event is slated to take place at San Francisco’s Moscone Center on Dec. 15-17, 2021, and showcase over 125 speakers, more than 80 educational sessions and hundreds of exhibitors. The expo will combine a strong lineup of exclusive education, exhibitors and experiences under one roof and will feature cannabis industry leaders and advocates. San Francisco Mayor London Breed will open the event with welcome remarks, while…

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WednesdayDec 08, 2021 2:04 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Releases Corporate Update, Notes Nug Avenue Growth

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, is moving toward new growth initiatives and expanding organically, according to a recent corporate update. The company noted that the expansion was organic, within the framework of its primary operating vision. Currently, Sugarmade operates a Nug Avenue location in Los Angeles, which has seen significant growth since opening its doors in March of this year. Within only three months, the location reported 10,000 unique members, and that impressive growth has continued, with the company most recently reporting 25,000 unique members. Sugarmade is planning to open…

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WednesdayDec 08, 2021 1:50 pm

CannabisNewsBreaks – Grapefruit USA Inc.’s (GPFT) Patented Hourglass(TM) Now Available on Blitzdirect.com

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that its disruptive Hourglass(TM) time-release THC+Cannabinoid delivery cream is now available for purchase on the Blitzdirect.com (“Blitz”) mobile delivery online platform in California. Now, through Blitzdirect.com, Grapefruit’s Los Angeles customers have the option to have Hourglass delivered directly to their door. “This new Blitzdirect.com deal will not only increase the Hourglass footprint but will allow Grapefruit to reach a new segment of customers, including those unable to travel to traditional retail outlets,” said Bradley Yourist, Grapefruit CEO. “The sick, disabled, elderly or those too busy to travel…

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WednesdayDec 08, 2021 11:56 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Releases Follow-Up Study Results Confirming DehydraTECH(TM)-CBD Arterial Stiffness Reduction

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, is reporting additional results from its human clinical study HYPER-H21-2. The study was designed to evaluate the company’s proprietary DehydraTECH(TM)-processed cannabidiol ("CBD") and its effectiveness in the treatment of hypertension. Results confirm the substance’s ability to reduce arterial stiffness and indicate potential broader applications beyond hypertension, including the treatment of cardiovascular and other diseases. According to the company, arterial stiffness can be a predictor of a variety of human diseases, including hypertension, diabetes mellitus, renal disease and more. A unique CBD formulation developed by Lexaria, DehydraTECH-CBD is based on the…

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TuesdayDec 07, 2021 2:54 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Focusing on Continued Growth of Top-Line Revenue, Bottom-Line Results

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has officially entered the second phase of a three-phase development strategy that captures its expansion plan in Florida after installing, commissioning and loading five of 30 planned modular grow pods, which are already growing plants. RWB, through its subsidiary Red White & Bloom Florida LLC (“RWBFL”), is fast-tracking the remaining 25 pods. Collectively, the 30 pods will provide about 19,000 square feet of operating space with an expected yield of 10,000 pounds of high-quality flower annually. RWB anticipates this annual yield will generate $30 million in additional revenue. RWBFL also successfully…

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TuesdayDec 07, 2021 2:03 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Issues 2021 Harvest and Business Development Update

Green Hygienics Holdings (OTCQB: GRYN) today provided an update on the 2021 harvest and current business development activities. According to the update, Green Hygienics has been focused on advancing several main areas of business development over the last quarter. These include its aggressive growth strategy where, to date, the company has financed its operations almost entirely through direct investment from management, and further shares have been issued instead of cash to ensure management is vested. The result is that Green Hygienics, unlike most companies in the sector, has very few shares outstanding, less than 45M fully diluted. In addition, the…

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TuesdayDec 07, 2021 11:25 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) to Participate in Upcoming Benzinga Global Small Cap Conference

Lexaria Bioscience (NASDAQ: LEXX), a global innovator in drug-delivery platforms, has announced that it is participating in the Benzinga Global Small Cap Conference. The premier two-day virtual event is scheduled for Dec. 8–9, 2021. The company encourages shareholders and other interested parties to attend the event and learn more about investment opportunities within the global small cap space. The conference is designed to bridges the gap between small cap companies, investors and traders. The event provides an ideal environment to learn about small cap investing. The conference agenda features insightful educational modules and provides a clear look at a curated…

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MondayDec 06, 2021 1:33 pm

CannabisNewsBreaks – Why Marijuana Company of America Inc. (MCOA) Is ‘One to Watch’

Marijuana Company of America (OTC: MCOA), which operates and invests in the cannabis sector directly, continues to grow its business. MCOA focuses on remaining fiscally conscious while further establishing itself in the legalized THC, hemp and CBD industries by offering unique exposure to the global cannabidiol sector. “The company intends to continue to leverage its premium brand hemp-based products with investments in and collaboration with existing and new strategic partners,” reads a recent article. “MCOA strives to develop a comprehensive selection of synergistic companies that provides consistent value to its shareholders. Furthermore, its vertically integrated business model provides companies and…

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MondayDec 06, 2021 1:06 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Aligning Long-Term Strategy to Position in Vertically Integrated Marketplace

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is taking strategic steps to ensure its position in the growing cannabis market in California. Within the sector, sales of legal adult-use cannabis are expected to reach roughly $7.2 billion by 2024, up from 2.5 billion in 2018, according to Statista (https://cnw.fm/J2aOe). “Cannabis Strategic Ventures is aligning its long-term strategy with that growth in mind, as the company remains focused on shaping the future of the cannabis industry by striving for constant evolution in products, places and people,” reads a recent article. NUGS recently signed a memorandum of…

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FridayDec 03, 2021 12:24 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Expanding End-Market Access in Growing California Cannabis Delivery Sector

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is focused on expanding its end-market access as a central player in the growing space. This comes as more consumers around the world become aware of the potential benefits of cannabis. As a result, the market is projected to see significant growth, with a new Quince Market Insights report estimating that the global cannabis market will grow at a CAGR of 27.0% from 2021 to 2030 (https://cnw.fm/pZlDm). “The growth factors identified in the market are the proven medicinal effects and legalization of cannabis, developments in intellectual property rights of…

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