CannabisNewsBreaks

TuesdayNov 02, 2021 2:08 pm

CannabisNewsBreaks – Lift & Co. Expo 2021 to Shine the Spotlight on Surprises and Ah-Ha! Moments

Lift & Co. Expo, Canada’s No. 1 cannabis conference and trade show, has surprises in store for its upcoming event. The expo, slated to take place at the Metro Toronto Convention Centre from Nov. 18-21, 2021, is legendary for its high-energy, immersive experience. With the debut of the Lift Psychedelics Business Summit and the Lift Cannabis Business Conference and Lift & Co. Expo Industry & Consumer Days trade show rounding out the agenda, the highly anticipated event is raising the bar for this year’s return. “After a necessary hiatus last year, our team is overflowing with new attractions and innovations…

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MondayNov 01, 2021 12:58 pm

CannabisNewsBreaks – CWCBExpo New York to Showcase Industry Leaders, Dynamic Solutions for Entire Cannabis Ecosystem

CWCBExpo New York today announced details for its upcoming event to take place Nov. 4-6, 2021, at the Javits Center in New York City. According to the update, the recently appointed chair of New York’s Cannabis Control Board, Tremaine Wright, will make her first public presentation at CWCBExpo New York on Nov 4. In addition, on behalf of New York’s Governor Kathy Hochul, Lieutenant Governor Brian A. Benjamin will officially open CWCBExpo New York at its Nov. 4 “Ribbon Cutting Ceremony.” Also in attendance all three days at CWCBExpo New York will be members of the New York State Office…

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MondayNov 01, 2021 12:53 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) on Target to Become House of Brands, Great Channel Partner

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) recently welcomed former U.S. Congressman and now public policy consultant Ryan Costello to its board of directors. Costello is expected to deepen RWB’s U.S.-based representation, which is key as federal policy on cannabis shifts. The company also announced that it has built a new production facility to good manufacturing practice (“GMP”) specifications in Florida as part of an effort to capitalize on the growing cannabis derivative market there. The Florida facility is built to accommodate the demand for edibles. “Red White & Bloom has built a branded capsule and rosin line…

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FridayOct 29, 2021 2:11 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Eyes Expansion, Stands to Benefit from Recently Signed AB45

Green Hygienics Holdings (OTCQB: GRYN), an enterprise focused on the high-standard cultivation and processing of industrial hemp, is one company expected to gain from the newly signed Assembly Bill 45 (“AB45”), which is set to benefit companies that grow and produce industrial hemp. AB45 allows for hemp-derived cannabinoids, extracts and derivatives in food and dietary supplements. “The company grows its hemp in a controlled environment at its farm in California, which, with 824 acres and 392,000 square feet of greenhouse space, is the largest USDA Certified Organic Hemp for CBD farm in North America,” reads a recent article. “The company…

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FridayOct 29, 2021 2:01 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Continues to Position Itself as Multistate Operator in Cannabis Sector

Hero Technologies (OTC: HENC) is focused on becoming fully licensed in Michigan as part of its ongoing commitment to position itself as a multistate operator in the cannabis sector. Its BlackBox Systems and Technologies LLC subsidiary fulfilled the requirements for step 1 prequalification approval for a Class C Medicinal Use cannabis license in Michigan and received step 1 prequalification approval for a Class C Adult-Use cannabis license. “With those approvals in hand, Hero Technologies and BlackBox are now beginning the next — and last — step in the process of obtaining licensing approval in Michigan: establishment use or full license…

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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.…

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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…

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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”).…

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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…

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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…

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