CannabisNewsBreaks

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…

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TuesdayAug 24, 2021 12:38 pm

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Closes Investment in Hoshi, Strengthens Gateway to European Market

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc., while also increasing its fully diluted ownership in Hoshi through a securities swap. In addition, the companies have agreed to strengthen the terms of Flora Growth’s investment in Hoshi pursuant to a binding memorandum of agreement. “The Hoshi team has developed a strong presence in Europe, and our high-quality, low-cost, medical-grade cannabis products and well-known global brands give both our companies a competitive advantage in one of the fastest…

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TuesdayAug 24, 2021 12:13 pm

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) President Featured Guest on “Electric Soil Podcast” Interview

InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities, announced that Golden Triangle Ventures (OTC: GTVH) president Steffan Dalsgaard was a featured guest on the “Electric Soil Podcast.” Hosted by musician and podcasting veteran Matt Gardiner, the podcast focused on being a creativity-focused forum. In his interview, Dalsgaard explained his process for identifying people and companies to work with Golden Triangle as well as his approach toward mitigating risk. He also talked about Golden Triangle’s recent momentum and plans for the rest of 2021 and beyond. “In 2017, we did our first concert,” said Golden…

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TuesdayAug 24, 2021 11:00 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Continues Strong Growth Streak

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) reported another record year when it announced fiscal 2021 results. “The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase for the country’s largest independent alkaline water company,” reads a recent article. WTER president and CEO Richard A. Wright noted that the results marked a continuation of “our streak of never having a down or flat year,” further stating that the company’s employees and business partners rose to the occasion throughout last year. The company has seen significant sales into fiscal 2022. In addition to financial highlights,…

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MondayAug 23, 2021 12:24 pm

CannabisNewsBreaks – Why Flora Growth Corp. (NASDAQ: FLGC) Is ‘One to Watch’

Flora Growth Corp. (NASDAQ: FLGC), an internationally focused cannabis brand builder, boasts a portfolio that spans several verticals, including pharmaceuticals, textiles, cosmetics, and food and beverage — each with a thoughtful brand designed to resonate with its intended end customer. From Flora Lab SAS and Flora Beauty to KASA Wholefoods and Hemp Textiles & Co., each of its brands prioritizes natural ingredients and value-chain sustainability, consistent with its mission. Though the company is currently organically growing market share for its existing brand portfolio, it is also seeking revenue-generating acquisitions that offer an accretive distribution network to amplify growth. As such,…

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FridayAug 20, 2021 1:22 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Progress That Tells of the Dawn of Exciting Times

Red White & Bloom Brands’ (CSE: RWB) (OTCQX: RWBYF) CEO Brad Rogers, in a statement contained in the company’s investor deck presentation, observed that multiple deals, “judiciously purchased and diligently structured,” were coming together to create “the most exciting times in the history of the company.” Rogers further noted that the company was focused on building its key assets and growing the bottom line for its shareholders. “Red White & Bloom recently made two announcements that show its progress thus far and perhaps tell of the dawn of the exciting times. On July 22, the company announced its Q4 2020…

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FridayAug 20, 2021 11:21 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Issues Corporate Update

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, today announced the latest updates and news surrounding its current business activities and anticipated milestones within each division. Among the highlights, the company reported that management of its wholly owned subsidiary Global Health Services Inc. is diligently working towards the completion of acquiring Le Pragma, a forward-thinking CBD health, wellness and beauty product line dedicated to providing a daily regime to enhance an active lifestyle. In addition, the company reported on its other wholly owned subsidiaries, including Lavish Entertainment Inc., which has…

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FridayAug 20, 2021 10:58 am

CannabisNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases H1 2021 Financial and Operational Report, Guidance for H2

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has reported financial and operating results for the six-month period ending June 30, 2021. Highlights of the report include revenue of more than $2 million with an estimated unaudited gross profit of 60% as compared to revenues of  approximately $100,000 for 2020, operating expenses of $6 million, and a cash balance of approximately $19 million with minimal debt. In addition, an operational highlight for the company included the signing of a major distribution deal with a significant Colombian food distributor Flora Growth expects to generate more…

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ThursdayAug 19, 2021 2:49 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Strategic White-Label Cannabis Beverage Manufacturing Agreement

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 definitive agreement with the Tinley Beverage Company Inc. (CSE: TNY) (OTCQX: TNYBF) to co-manufacture its award-winning cannabis-infused beverages for the Canadian market. Under the agreement, BevCanna will produce and distribute the full line of Tinley’s ready-to-drink, adult beverage-inspired sparkling Tinley’s Classics, Canadian versions of Tinley’s Tonics, currently available in California. BevCanna will also produce Tinley’s blue agave and lime-inspired Stone Daisy, the juniper berry and lime-inspired Juniper Sky and the blue agave, grapefruit and lime-inspired…

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ThursdayAug 19, 2021 1:15 pm

CannabisNewsBreaks – American Cannabis Partners Eyes Expansion into Additional States

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, is a company that prides itself on the level of detail given to growing its plants. By leveraging partnerships with Soilscapes and Link4 Systems, the company has created exact soil conditions, growing supplements, water makeup and environments that mimic Orange Hill in Jamaica. “This has resulted in yields well above industry norms and the production of some of the most sought-after flower in the U.S.,” reads a recent article. “Since its beginning in 2018, ACP has acquired 12 cannabis licenses, 20,000 sq. ft of cultivation license in California, and 540,000…

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