CannabisNewsBreaks

FridayJul 09, 2021 1:24 pm

CannabisNewsBreaks – Hero Technologies Inc. (HENC) Leveraging Proprietary Tech for Significant Opportunity in Aeroponics Space

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, executed an acquisition and operating agreement late last year. This resulted in the company acquiring a majority stake in BlackBox Systems and Technologies LLC, an aeroponics cannabis cultivation system that uses proprietary technology. According to a recent article, this strategic acquisition “has made the company a clear contender in the cannabis aeroponics cultivation space.” Aeroponics is a method of growing plants in an environment with no soil. It is highly efficient, offering increased survival rates and a faster grow cycle than soil-based facilities. “HENC’s exclusive aeroponics…

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ThursdayJul 08, 2021 10:28 am

CannabisNewsBreaks – Why Sugarmade Inc. (SGMD) Is ‘One to Watch’

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is a product and brand marketing company investing in operations and technologies with disruptive potential. The company is focused on collaborating with real people in real time to identify emerging desires and behaviors poised to unlock new pathways and opportunities for growth. “Sugarmade seeks to redefine the marketplace by nurturing an innovative and compelling relationship between brand, botany and business — resulting in both undeniable consumer value and an intriguing cross-pollination of revenue sources,” reads a recent article discussing SGMD. “The company’s core strategic plan is centered on expanding…

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WednesdayJul 07, 2021 10:36 am

CannabisNewsBreaks – Golden Triangle Ventures Inc. (GTVH) Founding Member Writes Shareholder Letter

Golden Triangle Ventures (OTC: GTVH) and founding member Nathan Puente, CEO of Sonder Fulfillment LLC, have released a mid-year letter to shareholders. The letter provides an update on current activities and also outlines the corporate strategy of Sonder, a company that GTVH, a multifaceted consulting company pursuing ventures in the health, entertainment and technology industries, has signed a letter of intent to acquire. In the letter, Puente notes that the goal of Sonder Fulfillment is to educate people around the world about the hemp plant and its potential as a natural substitute to harsh prescription medication. Puente observed that providing natural…

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TuesdayJul 06, 2021 12:33 pm

CannabisNewsBreaks – Golden Triangle Ventures Inc.’s (GTVH) Strategy Put into Action with Recent Acquisition

Golden Triangle Ventures (OTC: GTVH) (“GTV”), which focuses on purchasing, acquiring or entering joint ventures with high-quality companies that it can help to develop, has completed the acquisition of Sonder Fulfillment LLC. Sonder Fulfillment is a perfect example of GTV’s strategy put into action. A recent article quotes Golden Triangle Ventures CEO Steffan Dalsgaard as saying, “Completing this acquisition brings one of the most amazing teams I have ever had the pleasure to work with formally into our family. I am honored to help the company achieve many of their goals and collectively work towards developing Sonder Fulfillment into a…

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TuesdayJul 06, 2021 10:42 am

CannabisNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Executes Another Record Quarter with Focus on Profitable Operations, Accreditive Acquisition

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today pre-announced its unaudited financial results for the second quarter 2021. Among the highlights, the company reported highest-ever record quarterly revenues from continuing operations of $6.8 million, a 23% year-over-year increase compared to $5.5 million for the same period in 2020. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition a Homegrown Oregon,” said Jeff Yapp, CEO and president of Chalice Brands. “The integration of Homegrown and…

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TuesdayJul 06, 2021 10:11 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

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), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020,…

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TuesdayJul 06, 2021 9:53 am

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based products, owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz County, California. “Over the last 15 months, Grapefruit has been hampered from effectively distributing our Hourglass topical relief cream to new retail cannabis outlets due to the COVID-19 lockdown. Now that the…

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FridayJul 02, 2021 11:44 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) in Strong Position to Build TRACE Brand

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is staking target of the burgeoning alkaline water market with its TRACE line of products, which include natural spring alkaline water and plant-based mineral water. “What is not up for debate is the very real category growth of alkaline water,” reads a recent article. “Alkaline water is an emerging category that has caught consumer attention in the last decade, growing from a $325 million market in 2013 to $631 million in 2017, on a path to contribute billions to the broader global…

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FridayJul 02, 2021 11:28 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Raising Quality Bar with Focus on Cutting-Edge Techniques

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has sought to address the poor reputation of legal Canadian marijuana through a relentless focus on cutting-edge cultivation techniques, thereby raising the quality bar. This distinction sets the company apart as, despite recreational marijuana being legalized across Canada in October of 2018, legal recreational sales have been slow to take off. “A Canadian government survey released in February 2021 found that 40% of country’s marijuana consumers admitted to having obtained the drug illegally since legalization – largely a result of the poor quality inherent to legal produce as well as a distinct…

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FridayJul 02, 2021 11:14 am

CannabisNewsBreaks – Hero Technologies Inc.’s (HENC) Portfolio Leverages Premium Cultivation and Retail Assets

Hero Technologies (OTC: HENC) appears to be ideally positioned in the growing U.S. and Michigan recreational and medical marijuana markets. In Michigan, the state’s sales hit a record $115.4 million in March, a more than twofold increase over March 2020. Meanwhile, the U.S. markets are on a trajectory to reach up to $45.9 billion in annual sales by 2025, or as much as twice the level of sales projected this year. “We are growers and cultivators, developers, builders, engineers, marketers, managers all here to serve Hero Technologies Inc. as we rapidly develop the largest vertically integrated cannabis company the world…

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