Breaks Categories: News

TuesdayApr 30, 2019 11:26 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, Abcann Medicinals Inc. and Harvest Medicine Inc., this morning announced the release of its Q4 and 2018 annual financial and operating results. “The VIVO team achieved significant milestones in 2018, leading to substantial increases in net revenue, cash position, production capacity, organizational effectiveness and customer development,” VIVO CEO Barry Fishman said in the news release. “The strategic acquisitions of Canna Farms and Harvest Medicine…

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TuesdayApr 30, 2019 10:58 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Extraction Services Provider Obtains Organic Certification

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its Kelowna-based extraction processing services provider, Valens GroWorks Corp., has obtained its organic certification from Pro-Cert Organic Systems Ltd. “TGOD has been committed to organic since day one. Working with service providers who embrace organic as much as we do is paramount.  I want to congratulate the team at Valens for obtaining their organic certification,” Brian Athaide, CEO of TGOD, stated in the news release. “We look forward to delivering certified organic oils of the highest standards to our patients and…

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TuesdayApr 30, 2019 10:33 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Commences Trading on the OTCQB Venture Market

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. Effective immediately, Redfund will commence trading on the OTCQB under the symbol “PNNRF,” while continuing to trade its common shares on the CSE under the symbol “LOAN” and on under the symbol “O3X4” on the Frankfurt Exchange. “The listing of Redfund’s common stock to the OTCQB Exchange is an exciting milestone,” Redfund Capital CEO Meris Kott stated in the news release. “Even though…

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TuesdayApr 30, 2019 9:56 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Announces Application for Permanent Licenses for Adelanto, California Facility

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that it has applied for a permanent manufacturing, distribution and a transportation license with the city of Adelanto, California. In addition, the company intends to provide an update later in the week relating to the licensing process for its 196,000 square foot facility based in Modesto, California. “Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible,” TransCanna CEO Jim Pakulis said in the news release. “Subsequent to the GoodFellas acquisition we will be able to prepare and package the…

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TuesdayApr 30, 2019 9:27 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Private Placement, Board and Management Updates

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, late Monday issued a corporate update on various matters. The company first outlined its intention to complete a non-brokered private placement of up to 2.4 million common shares, at a price of C$6.25 per share, for aggregate gross proceeds of up to C$15 million. Flowr also affirmed its support of Holigen’s proposed €45 million investment in Portugal to produce medicinal cannabis outdoors. Other topics covered in the corporate update included changes to the company’s board of directors and its appointment of Thierry Elmaleh as its new…

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TuesdayApr 30, 2019 8:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Receives Expanded Cultivation License from Health Canada for Phases 4A and 4B of Moncton Campus Expansion

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., today announced receipt of an expanded cultivation license from Health Canada permitting its planned phase 4A and 4B expansions for its Moncton Campus. The amendment includes approval of an additional 163,000 sq. ft. of allocated space for 63 cultivation rooms, including the initial 13 cultivation rooms now approved. Based on normal cultivation timelines, the company expects that it will be able to harvest production from the new rooms by the end of July. The full phase 4 expansion represents a total of 77,000 kg of additional annual capacity…

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MondayApr 29, 2019 10:12 am

CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) Enters Agreement to Acquire Ownership Stake in The Physician’s Choice CBD LLC

Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) this morning announced its entry into a funding agreement with The Physician's Choice CBD LLC (“PCCBD”) of Phoenix, Arizona, which is dedicated to researching, developing and utilizing the highest quality of hemp-derived cannabidiol (“CBD”) in combination with well-studied and effective supplements to assist in supporting and regulating various symptoms. "This investment in The Physician's Choice CBD is a great opportunity for Chemistree,” Chemistree President Karl Kottmeier commented in the news release. “Dr. Grove and Dr. Kubitz are board certified practicing physicians with training at Harvard and the Mayo Clinic, specializing in pain management.…

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MondayApr 29, 2019 9:14 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Impending Launch of Choom-Branded Store in Niagara Falls

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that, on April 26,2019, the Alcohol and Gaming Commission of Ontario (“AGCO”) issued a retail operator license to Lisa Bigioni and a retail store authorization for her Choom-branded cannabis store in Niagara Falls, Ontario. Per the update, the Niagara Falls retail location is expected to open in May 2019. “This is a very exciting time for Choom as we help Lisa to open her store in Niagara Falls using the Choom brand,” Chris Bogart, president and CEO of Choom Holdings, stated in the news release.…

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MondayApr 29, 2019 8:30 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Applies to Uplist to the NASDAQ Global Select Market

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., on Friday announced that it has applied to list its common shares on the NASDAQ Global Select Market. The company intends to file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (“SEC”) ahead of its anticipated NASDAQ listing. Additionally, Organigram refiled its annual financial statements for the fiscal years ended 2017 and 2018 to include statements in the audit report of the public accounting firm to assure accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. The uplisting…

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FridayApr 26, 2019 11:36 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Online Store, Offering Active Hemp Extract Infused Products

Premium functional food and beverage company Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the launch of its new and highly-anticipated online store, feelOki.com. Per the update, today’s launch will provide consumers located in the U.S. access to the company's Oki brand of premium beverages and supplements infused with active hemp extract. As an introductory offer, all orders over $59 will ship free to any location across the U.S. mainland, and any initial order for new customer account sign-ups will include a 10 percent discount. “Going to direct-to-consumer has always been a priority for us and our newly launched…

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