FridayMay 22, 2020 10:05 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Release Q1 Financial Results, Host Conference Call

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, will release its first quarter financial results following the market close on Tuesday, May 26, 2020. In addition, the company will hold a conference call, with CEO Brian Athaide and CFO Sean Bovingdon as scheduled speakers, beginning at 9:00 AM ET on Wednesday, May 27, 2020. A listen-only audiocast of the conference call will be available at: http://cnw.fm/5KlGB Interested parties may join the call by dialing 1-416-764-8688 (Local – Toronto) or 1-888-390-0546 (Toll Free – North America) and entering conference ID 33916372. A call…

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ThursdayMay 21, 2020 9:32 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Bought Deal Public Offering with Over-Allotment Option

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, on Wednesday announced the company’s entrance into an agreement with Canaccord Genuity Corp. (the "underwriter"). The underwriter has agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, a total of 37,500,000 units at a price of C$0.40 each, for total gross proceeds to TGODF of approximately C$15 million. Each unit is comprised of one common share and one common share purchase warrant of the company. Each warrant is exercisable to acquire one common share at an…

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WednesdayMay 20, 2020 11:42 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Obtains Initial Order Granting CCAA Protection

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it and certain of its direct and indirect wholly owned subsidiaries (collectively  the "company" or the “applicants”) have filed for insolvency protection under the Companies’ Creditors Arrangement Act (Canada) ("CCAA"). The company has obtained an order from the Ontario Superior Court of Justice granting the applicants protection under the CCAA. Ernst & Young Inc. (“E&Y”) has consented to act as the court-appointed monitor of the applicants. The court has granted CCAA protection for an initial 10 day period, which expires on May 29, 2020, and is subject to extension thereafter…

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TuesdayMay 19, 2020 12:12 pm

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Update on May Debentures

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that an event of default has occurred in respect of its US$45.5 million principal amount of 15.00% secured convertible debentures, which matured on May 17, 2020.  As previously disclosed, Green Growth Brands received, on May 5, 2020, US$400,000 of debt financing from All Js Greenspace LLC (“All Js’) on a secured basis. On May 12, 2020, All Js’ advanced, also on a secured basis, an additional US$400,000 to the company. To view the full press release, visit http://cnw.fm/oX6Vi About Green Growth Brands Inc. Green Growth Brands creates remarkable experiences in cannabis.…

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TuesdayMay 19, 2020 11:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Medical Cannabis by Shoppers, Bringing Together Expertise, Unmatched National Reach

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its entry into a supply agreement with Medical Cannabis by Shoppers(TM) ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc. Under the agreement, TGOD will make its certified organic medical cannabis products available via the Shoppers online medical cannabis sales platform. "We're thrilled to partner with Canada's largest pharmacy network, bringing together TGOD's unique expertise in developing high-quality certified organic cannabis products and Shoppers' unmatched national reach," TGOD’s Vice President of Sales, Robert Gora, said in the news release. "We share their vision…

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MondayMay 18, 2020 9:57 am

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) Collaborates with TheraPsil to Help Patients in Palliative Care Access New Therapies

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences Company with an emphasis on ketamine and psychedelic medicine, today announced its sponsorship of TheraPsil, a BC-based non-profit coalition of healthcare professionals, policy-makers and community leaders (the “TheraPsil Coalition”) seeking legal access to psilocybin for British Columbians with a palliative diagnosis and psychological distress. According to the update, TheraPsil is focused on: establishing safe, and legal access to psychedelic-assisted therapy for those in medical need, efforts to increase awareness and developing safe and effective protocols for psilocybin-assisted therapy through public education and educational training, as well facilitating research…

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FridayMay 15, 2020 11:20 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Financial Results for Q3 2020

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its financial and operating results for the three and nine months ended March 31, 2020. “In our third quarter, we made significant progress towards our goal of improving the company's cost structure while creating opportunities for near-term revenue growth. Although much of this progress is not reflected in our Q3 financial results, we did begin to see the early impacts of our rightsizing and revenue generation efforts,” Colin Moore, who recently served as interim president and CEO of Supreme Cannabis, stated in the news release. “Excluding restructuring charges, we…

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FridayMay 15, 2020 10:25 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Announces Results for Q1 2020

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) on Thursday released its first quarter 2020 financial and operating results. Among the highlights, the company reported an increase in net revenue to $8.2 million. “Our positive first quarter 2020 results were fueled by a net revenue increase of 24% compared with the previous quarter,” VIVO CEO Barry Fishman said in the news release. “Several of our Canna Farms(TM) and Fireside(TM) cannabis 2.0 products are showing strong momentum, and the VIVO team continued to execute well on plans related to our four strategic priorities, despite COVID-19 related challenges. In April, we started planting in…

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FridayMay 15, 2020 9:21 am

CannabisNewsBreaks – Delta 9 Cannabis Inc. (TSX: DN) (OTCQX: VRNDF) Posts Q1 2020 Financial Results, Hosts Conference Call

Delta 9 Cannabis (TSX: DN) (OTCQX: VRNDF) on Thursday reported financial and operating results for the three months ending March 31, 2020. Among other highlights from the first quarter 2020, the company reported operating revenues of $11.75 million for the period, representing an increase of 109% from $5.63 million for the same quarter of the previous year. Delta 9 CEO John Arbuthnot and CFO Jim Lawson hosted a conference call to discuss the results on May 15 at 9:00 AM ET. A replay of the call will be available until August 15, 2020. To listen to the replay, dial 1-877-674-6060…

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ThursdayMay 14, 2020 9:26 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Schedules Release of Q1 2020 Financial Results, Conference Call

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced that it will be releasing its first quarter 2020 financial results after market close on Tuesday, May 26, 2020. The company will also hold a conference call with analysts at 9:00 AM ET on Wednesday, May 27, 2020. In response to the 2019 novel coronavirus outbreak, the Canadian Securities Administrators have made available blanket relief under OSC Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements which grants a 45-day extension for certain periodic securities filings. TGODF intends to utilize the blanket…

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