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WednesdayMay 26, 2021 9:32 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Releases Q1 2021 Financial Numbers, Chooses SRAX Inc. (NASDAQ: SRAX) as Communications Partner

Grapefruit USA (OTCQB: GPFT), a California-based cannabis company, has partnered with SRAX Inc. (NASDAQ: SRAX), an investor relations and communications marketing firm, to strengthen its brand and product line as well as increase awareness of its new e-commerce site and related affiliate program. In the announcement Grapefruit cited SRAX’s novel data-driven approaches to marketing and the company ability to create awareness of stock as key factors in its decision. In addition, the company has filed its quarterly report for the period ended March 31, 2021. The report included disappointing numbers for the company, including net revenues of $350,815, a decrease of…

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TuesdayMay 25, 2021 1:26 pm

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Unveils High Times THC Products Across Michigan

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) has launched its High Times-branded THC products at 23 dispensaries, or provisioning centers, across Michigan. The company reported its overall sell-through rate for wholesale customers after the first two weeks surpassed 60%. Red White & Bloom Brands noted that in June, it will launch the second line of the brand, which includes vapes, concentrates and edibles; those products will be available to an expanded wholesale network of dispensaries. The announcement also noted that RWBYF is planning continued limited product drops and collaborations throughout the brand kick-off campaign. The High Times products…

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TuesdayMay 25, 2021 1:07 pm

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Plans to Acquire Leading CBD Brand

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering  premium probiotic supplements and products containing CBD, has signed a definitive agreement with Sagely Enterprises Inc. The agreement outlines HempFusion’s intent to acquire 100% interest in the company, known as Sagely Naturals, a leader in premium CBD products with mass distribution in more than 14,000 retailers nationwide. The largest female-founded CBD wellness brand, Sagely Naturals  started in 2015 with Kerrigan Behrens and Kaley Nichol as founders. With a target audience of women, the company is sold in well-known retailers such as CVS, Rite Aid, Albertsons,…

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TuesdayMay 25, 2021 11:13 am

CannabisNewsBreaks – RYAH Group Inc.’s (CSE: RYAH) RYAH Medtech Ships Devices for Pilot Study with Milan, Italy-Based CLINN

RYAH Group’s (CSE: RYAH) wholly owned subsidiary, RYAH Medtech Inc., has completed initial shipment of its proprietary Smart Dose-Measuring inhalers for use in a pilot study conducted by CLINN medical center in Milan, Italy. Per the update, CLINN, the first and only cannabis-specialized clinic in Italy, named the best cannabis clinic in Europe by CanEx, is launching an observation study using RYAH devices in order to collect accurate patient feedback on consumption of cannabis strains available on the Italian market. Italy, with 30% growth over the last year, remains the second-largest market in Europe with more than 20,000 patients, which…

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MondayMay 24, 2021 9:38 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Announces Distribution Agreement to Expand TRACE Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness, beverage and natural products company, has finalized an agreement with Benefit Holdings LLC, dba Benefit Brand Management. Benefit Brand Management is a leading brand management company, and the contracts calls for Benefit to distribute BevCanna’s line of TRACE-branded products to U.S. retailers, starting in New York and Chicago, and also including the state of California. The contract will be enacted through BevCanna’s previously announced agreement with Riviera Beverages and is designed to speed up the expansion of the Naturo Group portfolio of market-leading ancient organic mineral beverages. Active…

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FridayMay 21, 2021 3:48 pm

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Continues to Espouse ‘Future of Genetics: Quality over Quantity’

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), dedicated to delivering premium products using a genetics-based approach, is guided by its motto – the Future of Genetics: Quality over Quantity. True to this ideology, PACR has a strategic licensing agreement with Phenome One, a full-service cannabis farming company focused on elite strain-selective breeding. This agreement has provided Pac Roots with unfettered access to one of Canada’s largest live genetic libraries for growing, breeding and cloning use. A recent article reads, “Relying on Phenome’s years of choosing only the most elite genotype and phenotype expressions, Pac Roots is able to offer…

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FridayMay 21, 2021 11:21 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Issues Commendation on Proposed Hemp Access and Consumer Safety Act

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, commends the Hemp Access and Consumer Safety Act filed by Oregon Democratic Senators Ron Wyden and Jeff Merkley and Kentucky Republican Senator Rand Paul. The act aims to add hemp, hemp-derived cannabidiol or a substance containing any other ingredient derived from hemp to the definition of dietary supplement according to the Federal Food, Drug and Cosmetic Act and would remove certain restrictions that have blocked the emergence of legal consumable hemp products in the United States. “HempFusion is…

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FridayMay 21, 2021 11:12 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Shareholder Approval of Deferred Conversion Date of Preferred Shares

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) today announced the results of the special meeting of the holders of common shares and the Series 2 convertible preferred shares and a class meeting of the holders of the Series 2 convertible preferred shares. At the meeting, shareholders representing 99.62% of the votes cast attached to the common shares and the Series 2 preferred convertible shares, as well as 98.44% of the votes cast attached to the series 2 convertible preferred shares, voted to approve a special resolution authorizing the company to alter its articles to, in effect, change the…

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FridayMay 21, 2021 10:58 am

CannabisNewsBreaks – Gage Growth Corp. (CSE: GAGE) to be Included in Leading Cannabis ETF

Gage Growth (CSE: GAGE), a leading high-quality craft cannabis brand and operator in Michigan, announced that it will be included in AdvisorShares Pure US Cannabis ETF (NYSE: MSOS), a cannabis-focused, exchange-traded fund (“EFT”). A leading sponsor of actively managed ETFs, AdvisorShares Pure US Cannabis ETF is the first and only actively managed ETF listed in the United States that provides dedicated cannabis exposure; the EFT focuses exclusively on U.S. companies with an estimated $1 billion in assets under management. MSOS is dedicated to achieving long-term capital growth and works to reach that objective by investing in some of the largest foreign and domestic…

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FridayMay 21, 2021 10:21 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Announces Strong Demand for White-Label Beverage Operations

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its forecasted wholesale white-label revenue of approximately $2.4 million and gross profit of approximately $0.63 million. The projected revenue is based on the annual minimum order quantities (“MOQs”) for both BevCanna’s Canadian cannabis beverages and its Naturo Group traditional white-label beverage operations for the rolling 12 months starting in July 2021. The list includes the company’s committed queue of orders and does not include contracts that are under negotiation or yet to be finalized. “We’re thrilled with the progress…

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