CannabisNewsBreaks

ThursdayOct 07, 2021 2:32 pm

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) Announces Entry into Strategic LOI

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FSE: 38G) today announced its entry into a letter of intent (“LOI”) for the formation of a commercial relationship with Kingston Cannabis Inc. (“KCI”), a Health Canada licensed producer, to launch its cannabis-infused beverages through a co-packing arrangement with KCI. Under the arrangement, KCI’s affiliate, Kingston Aluminum Technologies Inc. (“KAT”) will provide custom designed aluminum packaging for Sproutly’s products. In addition, KCI and Sproutly will collaborate on the consumer evaluation of Sproutly’s formulations made using ingredients produced by the proprietary APP cannabis processing technology. “This relationship will allow us to launch our beverages made…

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ThursdayOct 07, 2021 10:40 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Strategic Agreement to Produce Cannabis-Infused Beverages for Xebra Brands

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its entry into a white-label agreement with Xebra Brands Ltd., a rising player in the global cannabis beverage sector. Under the agreement, BevCanna will leverage its extensive experience in production and manufacturing at scale to distribute Xebra Brands’ Vicious Citrus(TM) THC Lemonade into the Canadian market. Selected as Xebra’s premier beverage to launch in Canada through consultation with provincial sales representatives, Vicious Citrus was noted as unique among cannabis beverages offered in Canada. Initially set to premiere in Spring…

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WednesdayOct 06, 2021 1:59 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Achieves 13% QOQ Revenue Growth, Marks Remarkable Q2 2021

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) recently released its financial results for the second quarter of fiscal 2021. The company’s revenue was up 13% to $13.3 million, from $11.8 million in Q1 2021. In addition to a growth in revenue, RWB also received the Florida Department of Health, Office of Medical Marijuana Use approval; closed the acquisition of Acreage Florida; secured 20 double wide fully enclosed cultivation pods that will offer approximately 19,000 square feet of turn-key cultivation space; and completed the more comprehensive portion of Michigan’s two-step application process for medical marijuana licensing through its wholly…

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WednesdayOct 06, 2021 11:59 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Alkaline88 Available in Sam’s Club This Fall

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has announced that Sam’s Club will carry its Alkaline88(R) single-serve, one-Liter 12-pack offering in all 587 locations in the continental U.S. The product will be available by early November. The company stated that the agreement was possible because of its increased supply chain and production capabilities, including four new co-packers working to support WTER’s expected increase in volume. The single-serve, one-liter is the first of WTER’s products available in the all-important club channel, but the company hopes more of its offerings will follow. A leading membership…

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WednesdayOct 06, 2021 10:34 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Launch of Global Clinical Trials

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced its entry into an agreement to begin scientific clinical trials globally. According to the update, the focus of this study will be on the use of cannabinoids in patients suffering from fibromyalgia or chronic pain, with primary research sites located in the United States and the United Kingdom. By running phase trials in parallel (in vitro, in vivo, pilot in human, safety/efficacy, etc.), Flora Pharma expects to fast track traditional FDA and NHS timelines. “A paradigm shift is upon us where…

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TuesdayOct 05, 2021 2:55 pm

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Releases Preliminary Results Showing HyGrO Technology Could Increase Longevity of Cut Flowers

Golden Triangle Ventures (OTC: GTVH) released the successful results of preliminary testing of its proprietary HyGrO hydrogen water technology and is looking forward to pursuing larger-scale studies. The company will work with commercial-scale flower products to further evaluate the efficacy of GTVH’s new process. The preliminary research, which lasted 21 days, was designed to assess whether hydrogen-infused water via the HyFrontier Technologies HyGrO system would increase the longevity of cut flowers, including stock roses, carnations and gladiolas. “Two vases were filled, one with regular tap water and one with HyGrO water. The water was never changed, and pictures were taken…

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TuesdayOct 05, 2021 1:46 pm

CannabisNewsBreaks – Cannabis Strategic Ventures (NUGS) Launches LA Dispensary Brand, Announces Cultivation Expansion

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, is beginning to deploy its licenses; that process includes the opening of the first Los Angeles location of MDRN (“MDRN”) Tree, the company’s customer-facing dispensary brand. After the opening of its LA location, NUBS anticipates utilizing another of its new licenses to establish an indoor cultivation facility. With up to 1,200 grow lights, the facility is expected to product two to three pounds of premium exotic cannabis flower per light per harvest, with the company projected an average of 5.75 harvests per year. Based on that production,…

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TuesdayOct 05, 2021 1:24 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Outstanding Results of Oral Nicotine Study

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that its recent oral nicotine absorption study NIC-A21-1 revealed that DehydraTECH(TM)-nicotine delivered via the oral pouch product format required only two to four minutes to deliver nicotine levels in blood plasma comparable to levels achieved at 45 minutes with concentration-matched controls. In addition, DehydraTECH-nicotine reached statistically significant peak blood plasma levels up to 10-fold higher overall than controls (p=0.004) while still clearing from blood virtually as quickly as the controls. “We are extremely pleased with the performance of our latest DehydraTECH-2.0 nicotine oral pouch formulations…

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TuesdayOct 05, 2021 10:37 am

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) to Present at LD Micro Conference

RYAH Group (CSE: RYAH) today announced that its CEO Gregory Wagner will be presenting at the virtual LD Micro conference on Tuesday, Oct. 12, 2021. The interactive online event is expected to give Wagner an opportunity to highlight RYAH's mission and approach for the audience of investment community professionals and existing shareholders. Wagner’s presentation is scheduled to begin at 10:30 a.m. ET, where he will elaborate on the company's recent developments and plans, and potentially open the floor for questions. Interested parties should visit https://cnw.fm/lsRUt to ensure access to the livestream conference and receive any updates. An archived webcast will…

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TuesdayOct 05, 2021 10:25 am

CannabisNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Naturo Group Announces Agreement with North America’s Leading Wholesale Distributor

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, is partnering with United Natural Foods Inc. (“UNFI”). According to the agreement, UNFI Canada will distribute BVNNF’s line of TRACE products across Canada. Calling the agreement a “significant milestone,” BevCanna noted that UNFI Canada is a subsidiary of UNFI, the largest publicly traded wholesale distributor in North America. UNFI has developed a reputation for delivering more than 275,000 products to retailers throughout Canada and the United States; UNFI’s network consists of more than 30,000 different customer locations. “This agreement with UNFI is…

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