CannabisNewsBreaks

WednesdayJul 21, 2021 12:19 pm

CannabisNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Closes Books on Defining, Momentous Year of Material Growth

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced the filing of its 2020 unaudited financial performance data. According to the update, the company closed the books on a momentous year of material growth that featured strong expansion in business activity, as well as robust gains in both top- and bottom-line metrics. “2020 was a defining year for NUGS, as we pushed into a higher gear in terms of commercial activity and market positioning despite the unusual challenges of the global pandemic health crisis,” said Simon Yu, CEO of Cannabis Strategic Ventures. “We were…

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WednesdayJul 21, 2021 11:45 am

CannabisNewsBreaks – Hero Technologies Inc.’s (HENC) Business Strategy Reaffirmed as Trend Moves Toward Greenhouse Cultivation

Hero Technologies (OTC: HENC) has a majority stake in BlackBox Systems and Technologies LLC, an aeroponic cannabis cultivation system that provides optimal conditions in greenhouses to enhance photosynthesis and produce large flowering plants. Thus, the trend toward greenhouse cultivation is welcome news for HENC. A recent article reads, “According to a recent five-year study of the cannabis industry, greenhouse production is a leading choice for cannabis cultivation companies (https://cnw.fm/R9t7G). The report, published by ‘Cannabis Business Times,’ reaffirms the business strategy of Hero Technologies.” It noted that greenhouse production continues to be the top tool for reducing the initial and operational costs…

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WednesdayJul 21, 2021 11:03 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (NASDAQ: LEXX) DehydraTECH(TM) Demonstrates Significantly Enhanced Delivery of Colchicine

Lexaria Bioscience Corp. (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that its tolerability and pharmacokinetic study VIRAL-A20-3 has been completed with positive results. According to the update, the study demonstrated that DehydraTECH(TM)-enabled colchicine, the latest of several drugs Lexaria has successfully tested with known SARS-CoV-2 antiviral properties, benefited from the company’s proprietary formulation and processing, resulting in significantly increased delivery. The study also examined absorption with two other antiviral drugs previously untested by Lexaria; however, the bloodstream delivery findings were unremarkable and further work is required should the company decide to pursue additional testing with…

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TuesdayJul 20, 2021 1:50 pm

CannabisNewsBreaks – The Alkaline Water Company Inc.’s (NASDAQ: WTER) (CSE: WTER) Alkaline88 Water to be Available in Over 800 Gyms Nationwide via Distribution Agreement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), today announced that it has secured a distribution agreement with Premier Distribution Services (“PDS”). Per the terms of the agreement, PDS will distribute the entire Alkaline88 bottled water to over 800 gyms, personal training studios, smoothie bars and sports nutrition stores across the country. “This is a wonderful opportunity for the company as Premier Distribution Services will be carrying all of our Alkaline88(R) bottled waters in coolers across the country.…

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TuesdayJul 20, 2021 12:36 pm

CannabisNewsBreaks – Why Lexaria Bioscience Corp. (NASDAQ: LEXX) Is ‘One to Watch’

Lexaria Bioscience Corp. (NASDAQ: LEXX) is the global innovator behind the patented DehydraTECH(TM) technology. DehydraTECH increases the effectiveness of lipophilic (fat-soluble) drugs and active ingredients and improves the way active pharmaceutical ingredients enter the bloodstream. It speeds up delivery, increases bioavailability, increases brain absorption, improves drug potency, reduces drug administration cost and masks unwanted taste. A recent article reads, “Lexaria licenses its technology to other companies around the world to offer consumers the best possible performance across an array of ingestible product formats. The company’s technology is best thought of as an additional layer that providers of consumer supplements, prescription…

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TuesdayJul 20, 2021 11:59 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Responds to Soaring Consumer Demand for TRACE Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, inked two new distribution deals, significantly expanding its North American footprint for its TRACE lineup of alkaline and mineral-infused water products. The deals — with Koyo Foods, one of the largest health food distributors in Eastern Canada, and Benefit Brand Management, a leading wholesaler of natural products in the United States — grew BevCanna’s initial distribution network and fueled demand for the products. “In response to consumer demand for take-home and value-priced options, BevCanna is launching new TRACE multi-packs in national retailers…

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TuesdayJul 20, 2021 11:06 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Inks Definitive Agreement to Acquire 3a-Diagnostics

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, has signed a definitive agreement to acquire its exclusive diagnostics development partner 3a-diagnostics GmbH, Frickenhausen, Germany. Per the terms of the definitive agreement, XPhyto will acquire all outstanding shares of 3a for EUR 400,000, to be paid immediately, and EUR 3.5 million, to be paid on closing, which is anticipated to take place on or around October 31, 2021. This acquisition will create considerable commercial development and manufacturing opportunities for XPhyto, in addition to providing improved margins on its diagnostic products. “We have collaborated closely with the 3a-diagnostics…

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TuesdayJul 20, 2021 10:34 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) to Debut New ‘Armageddon’ Event Featuring Unique ‘End-of-the-World’ Theme

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across health, entertainment and technology industries, today announced the launch of Armageddon — its debut event series. Armageddon will be organized by GTVH’s Entertainment Division through Lavish Entertainment Inc. DBA EpicRaves. The event is slated to take place on Sept. 17, 2021, at Sahara Event Center, and feature a full Hennessy Sound Design audio system and an “epic” stage production complimented by a unique “end-of-the-world” theme that will be unlike anything the company has organized in its history. “We will deploy the largest Hennessy Sound Design system Las…

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MondayJul 19, 2021 10:42 am

CannabisNewsBreaks – RYAH Group Inc. (CSE: RYAH) Announces Collaboration with University of Milan for ‘Precedent-Setting Experiment’

RYAH Group (CSE: RYAH) today announced its entry into a strategic partnership with the University of Milan, a leading education and research institution, to develop and formalize universal milliliter (“ml”) to milligram (“mg”) conversion standards in dry herb cannabis inhalation therapies for its RYAH Smart Dry Herb Inhalers. According to the update, the RYAH Smart Dry Herb Inhaler is an IoT-powered dry herb inhaler with an integrated volumetric airflow sensor that gives consumers the ability to track and control exactly how much they inhale. “Our collaboration with the University of Milan is expected to afford us an incredible opportunity to,…

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MondayJul 19, 2021 10:24 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Statement on Senators Proposed Act to Legalize Cannabis

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has noted its position on the potential enactment of the Cannabis Administration and Opportunity Act. Senators Chuck Schumer (D-NY), Ron Wyden (D-OR) and Cory Booker (D-NJ) released a discussion draft of the act on July 14, 2021. As presented, the act would remove cannabis from the federal list of controlled substances, making cannabis use legal at the federal level. According to the company’s announcement, the act also enables states to implement their own adult-use recreational cannabis laws. Almost 20 states have already done that, including California, where Grapefruit is…

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