CannabisNewsBreaks Archive - Page 78 of 420

TuesdayAug 31, 2021 9:59 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Q2 2021 Financials, Business Highlights

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has reported its second quarter 2021 financials. The report includes the news that adjusted sales for the first six months reached $58.5 million, with revenue for Q2 2021 topping $13.3 million compared to $11.8 million in Q1 2021, an increase of 13%. The company’s gross margin for the period was $9.5 million. The company also noted that it was able to reduce its short-term obligations through repayment of approximately $18 million of debt and restructuring of more than $20 million into long-term debt.…

MondayAug 30, 2021 12:36 pm

CannabisNewsBreaks – Golden Triangle Ventures Inc.’s (GTVH) Entertainment Division Building ‘Platform Unlike Anything in the World’

Golden Triangle Ventures (OTC: GTVH) President Steffan Dalsgaard recently summarized the progress of its entertainment division, which owns Lavish Entertainment Inc. and is doing business as EpicRaves. The division’s milestones and strides, contained in a mid-year letter to shareholders, included moving into a new office space in Las Vegas, the building of an innovative events platform, as well as the company’s progress in moving closer to its final goal to create events that leave its guests with a truly unique experience. A recent article quotes Dalsgaard discussing the company’s focus on building a platform that can monetize and share its…

FridayAug 27, 2021 1:07 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) Technology Is ‘Outrageously Fast’ in Oral to Bloodstream Delivery

Lexaria Bioscience Corp. (NASDAQ: LEXX) on July 22 announced it had met three primary objectives in its investigation of antiviral drug conversion process outcomes as the drugs are processed with its patented DehydraTECH(TM). “The success achieved during the company’s testing paves the way for larger analysis of the DehydraTECH-processed drugs in vivo in animals infected with SARS-CoV-2/COVID-19, HIV/AIDS, or other infectious disease-causing viruses, according to the company. The ultimate aim is to form partnerships with established pharmaceutical industry drug-makers who may be interested in incorporating DehydraTECH technology with those tested drugs, or other drugs with similar characteristics,” reads a recent…

FridayAug 27, 2021 11:21 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Committed to Creating High-Quality Products for Its Customers, Human or Otherwise

Grapefruit USA (OTCQB: GPFT) understands that humans aren’t the only ones who may benefit from all that cannabidiol (“CBD”) has to offer and is positioning in a rapidly growing market. The pet CBD industry has experienced significant growth over the last several years, with the Brightfield Group projecting an expected market valuation of more than $1.7 billion by 2025 (https://cnw.fm/drv6i). Grapefruit is leveraging its expertise in the space with the launch of a new USDA-certified organic CBD pet tincture. “We understand that pet owners are now demanding organic, plant-based, natural remedies to keep their furry family members calm and in good…

FridayAug 27, 2021 10:35 am

CannabisNewsBreaks – Southern Hemp Expo 2021 to Shine the Spotlight on an Evolving Industry

Let’s Talk Hemp and We Are For Better Alternatives (“WAFBA”), both of which are leading organizations for the advancement and advocacy of hemp farming, processing, production, innovation, education and legalization in the U.S., are set to host the upcoming Southern Hemp Expo 2021. The three-day event is slated to be held in Raleigh, North Carolina, on Sept. 2-4, 2021. Taking place in the 160,000-plus square feet of dedicated space of the Raleigh Convention Center, the Southern Hemp Expo will feature a robust lineup of industry experts, leaders and exhibitors divided into three distinct sessions of live education programming and seminars. “From wellness supplements to…

ThursdayAug 26, 2021 3:10 pm

CannabisNewsBreaks – InvestorBrandNetwork, HempWire to Heighten Visibility of Upcoming Southern Hemp Expo

InvestorBrandNetwork (“IBN”), an innovative corporate communications firm and content distributor, today announced its collaboration with the producers of the Southern Hemp Expo. The event, produced by We Are For Better Alternatives (“WAFBA”) and Colorado Hemp Company, is slated to take place at the Raleigh Convention Center in Raleigh, North Carolina, on Sept. 2-4, 2021. InvestorBrandNetwork will serve as the event’s official media partner with HempWire (“HW”) named as the conference’s official newswire. Set to return in an in-person format, the Southern Hemp Expo will feature a robust lineup of industry experts, leaders and exhibitors in three days of live education programming and seminars. “Our teams have enjoyed…

ThursdayAug 26, 2021 12:43 pm

CannabisNewsBreaks – American Cannabis Partners Featured in Latest Episode of ‘Bell2Bell’ Podcast

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, was featured in the “Bell2Bell Podcast,” a part of InvestorBrandNetwork’s (“IBN”) sustained effort to provide specialized content distribution via widespread syndication channels. ACP’s CEO Stephen Jordan joined the latest episode to discuss the company’s business model and strategic approach to minimizing shareholder risk. “American Cannabis Partners (‘ACP’) is a multistate operator. We have farms in Northern California as well as the state of Michigan,” Jordan said. “We have 11 cultivation licenses totaling about 560,000 square foot of canopy space. These are acquired licenses, so it is fully legit. We have…

WednesdayAug 25, 2021 12:50 pm

CannabisNewsBreaks – Simply Sonoma Aims to Put Renowned County on the Map for Exceptional CBD-Infused Formulations

Simply Sonoma is a therapeutic-focused CBD company concentrating on sleep aids, gut health, pain and inflammation, and skin and beauty products. “The company has developed plant-based CBD infused products centered around the agriculture of Sonoma County, California, known for its excellent wines, fruits and veggies, and now the company aims to put it on the map for exceptional organic plant-based CBD infused, and research- backed formulations. . . . From personal experience, and the trials and tribulations of friends and family, Simply Sonoma has taken notice of the medicinal utility of CBD and cannabis,” reads a recent article. “As scientists,…

TuesdayAug 24, 2021 1:24 pm

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Identifying Significant Trends in Plant Therapy

RYAH Group (CSE: RYAH), a connected device and big data and technology company, is working with researchers to provide a full turnkey solution for clinical studies from start to finish. “As research restrictions throughout the U.S. lift, RYAH Group is standing by, ready to provide IoT hardware, software and data analytics that reduce variations in patient-related clinical trials. One of the areas that the U.S. is poised to explore is cannabis in sports medicine,” reads a recent article. Sports organizations must rethink their strict policies with the legalization of recreational and medicinal cannabis across the country. The good news is…

TuesdayAug 24, 2021 1:08 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Eyes White-Label Opportunity in Expanding Market

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is looking to leverage its position in the growing market as a white-label manufacturer of infused-cannabis beverage brands. A new report that forecasts the cannabis beverage market will grow at 17.85% CAGR from 2019 to 2025 has companies such as BevCanna anticipating increased numbers as well. A recent article, which contains excerpts from the report by Million Insights, notes, “‘The increasing demand for the health and wellness drink is boosting the market growth,’ the report states… Another insight offered by the report…

News and publishing service for cannabis related companies

Contact us: 303.498.7722

CannabisNewsBreaks