CannabisNewsBreaks

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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ThursdayAug 19, 2021 12:56 pm

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM), BayMedica Collaborate to Build Leading Rare Cannabinoid Company

InMed Pharmaceuticals (NASDAQ: INM) is a clinical-stage company developing cannabinoid-based pharmaceutical drug candidates and manufacturing technologies for pharmaceutical-grade rare cannabinoids. The company is creating a pipeline of drug candidates to treat various diseases with high unmet medical needs. “In a move to grow its market presence and strengthen its operations, the company announced that it had entered into a non-binding letter of intent (“LOI”) to acquire BayMedica Inc.,” reads a recent article. “This announcement followed the two parties’ reciprocal research collaboration agreement back in November 2020, which saw them collaborate on several projects since. The agreement allowed BayMedica to assess…

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ThursdayAug 19, 2021 12:39 pm

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Targeting Q3 2021 Entry into Canada for Innovative Hourglass(TM) Cream

Grapefruit USA (OTCQB: GPFT) recently announced an agreement with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc. The agreement set the wheels in motion for targeted entry into Canada for its patented Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream, one of the most effective cannabis topical creams on the market. A recent article reads, “According to the agreement, GPFT will file a Notice of New Cannabis Product (‘NNCP’) with Health Canada; the NNCP outlines the Hourglass production process including the integration of Grapefruit’s patented Z-Pod Xerogel Silica Gel technology into the Hourglass topical…

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ThursdayAug 19, 2021 10:38 am

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Names Former J&J Director as New Chief Scientific Officer

Green Hygienics (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high-standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, has announced that Dr. Francesca Serraino Fiory will serve as the company’s new chief scientific officer. In her new role, Fiory will manage product development, including GRYN’s multibrand portfolio, and oversee research and development efforts under TruLife Biotech, the company’s wholly owned subsidiary. In addition, she will head up partnerships with both academic institutions and research centers and will navigate the company across the global regulatory landscape. Fiory has worked for several major players in the…

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WednesdayAug 18, 2021 10:11 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Receives Initial PO from Alberta Gaming and Liquor Commission

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, has received multiple product listings and purchase orders from Alberta Gaming and Liquor Commission (“AGLC”). The initial order includes international bestsellers Keef and Green Monké products as well BevCanna’s new brand, State B Beverages. The products are slated  to be on the shelves of more than 600 licensed private retailers by the fall; the products will also be available online. AGLC is the government of Alberta's agency that oversees the gaming, liquor and cannabis industries in Alberta; the agency also operates the…

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TuesdayAug 17, 2021 1:09 pm

CannabisNewsBreaks – Sugarmade Inc. (SGMD) Closes on Acquisition of Property Designated as Second LA Nug Avenue Delivery Hub

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has closed on its previously announced acquisition of a Los Angelese property; the company noted that the property has been designated as a new distribution and delivery hub for SGMD’s Nug Avenue cannabis delivery segment. The company has also previously announced the signing of a memorandum of understanding to apply and obtain three non-storefront California cannabis licenses from the Los Angeles Department of Cannabis Regulation; the company is also applying for corresponding licenses from the California Bureau of Cannabis Control. These licenses should provide the…

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