Breaks Categories: News

ThursdayApr 18, 2019 10:27 am

CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Issues Shareholder Update on Washington Operations and California Cultivation Facility

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) this morning provided an update to shareholders on its Washington state assets and Desert Hot Springs, California cultivation facility development. Per the update, Chemistree’s Washington state licensee partner has confirmed further advancements in crucial areas of its cultivation facility, including the appointment of key staff; upgrading of 288 on hand grow lights in flower and sale of retrofitted lights, with new lights expected to improve crop yields by 20 percent or more; retail points of sale expansion of 25 percent, offering Sugarleaf products; increase of product SKUs by 20 percent, with new products including…

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ThursdayApr 18, 2019 10:18 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Nevada Launch of its First Proprietary Cannabis Brand

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning announced the launch of CAMP(TM), its proprietary cannabis brand born from the idea of connecting with nature, others and yourself. According to the update, the brand’s debut product, Happy Camper, is available now at The Source dispensaries in Las Vegas and Henderson and marks Nevada’s first of its kind cartridge featuring 100 percent solventless rosin. Through CAMP(TM)'s proprietary extraction method, only pressure and heat is used to create the most natural, premium tasting rosin made from Anslinger and Grapefruit Durban terpenes. “At the heart of what we do…

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ThursdayApr 18, 2019 9:31 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Sub-Lease for Multipurpose Facility in Adelanto, California

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that it has entered into a sub-lease agreement for 10,000 square feet of an Adelanto, California-based multipurpose facility. According to the update, the sub-lease agreement covers a term of four years at $2.00 per square foot per month. “As we've represented since the commencement of TransCanna, it's crucial to have a main facility, which we now have with the acquisition of the 196,000 square foot vertically integrated facility in Modesto, and up to five satellite facilities located strategically throughout the state,” TransCanna CEO Jim Pakulis stated in the news release. “This…

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ThursdayApr 18, 2019 9:23 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Announces New Line of Mints, Launches First Flavor

Cannabis product manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced a new line of mints as well as the launch of the first flavor, Classic Mint. PLUS Classic Mints contain 2.5 mg THC and less than 0.1 mg CBD each. The mints come in tins with 40 mints each and are currently available at a limited number of licensed retailers in California. PLUS intends to launch the Classic Mints market wide on April 30th at the Hall of Flowers cannabis trade show. “Mints are a logical extension to the PLUS product family as more customers seek out unique…

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TuesdayApr 16, 2019 11:53 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Enters EU Market through Agreement with Two Towers

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) today announced that it has signed an agreement with Two Towers to expand the Wildflower Wellness brand’s CBD+ line of products into Poland. Per the update, Two Towers, a major wholesale prescription medical and over the counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies operating around the central capital region of Warsaw. “The European market is fragmented with no CBD market leaders,” William MacLean, CEO of Wildflower Brands, stated in the news release. “Our agreement with Two Towers vastly reduces barriers to moving…

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TuesdayApr 16, 2019 11:12 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and…

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TuesdayApr 16, 2019 10:48 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) CEO to Present at Benzinga Cannabis Capital Conference

Cannabis product manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and chief executive officer, Jake Heimark, will be presenting at the third annual Benzinga Cannabis Capital Conference on April 18, 2019, at 1:20 p.m. ET. As noted in the news release, Benzinga describes Cannabis Capital Conference as “The premier gathering of cannabis entrepreneurs and investors in North America.” An audience of over 750 institutional and retail investors, public and private companies and media representatives is expected to attend the event, which is scheduled to take place on April 17-18 at the Fairmont Royal York in…

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TuesdayApr 16, 2019 10:18 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Completes Purchase of Vertically Integrated Cannabis Facility in California

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced its completion of the purchase of a 196,000 square foot vertically integrated cannabis facility. Per the update, the total purchase price for the property was $15 million. “A tremendous effort by the TransCanna team on closing arguably the largest vertically integrated cannabis focused facility in California,” TransCanna CEO Jim Pakulis said in the news release. “Simultaneous to putting our efforts into purchasing the facility, we've been searching extensively for the key individuals who will be overseeing the day to day operations. We've made great strides over the past several weeks and should…

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MondayApr 15, 2019 10:58 am

CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Partners with NJ Medical Retail Cannabis License Applicant

Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) this morning announced that its wholly owned U.S. subsidiary, American CHM Investments Inc., has entered a letter of intent to partner with Applied Cannabis Sciences of New Jersey ("ACS"), a New Jersey-based medical retail dispensary applicant in the state’s upcoming round of request for applications, which is anticipated in 2020. ACS’s leadership team combines seasoned professionals from the legal medicinal and adult use marijuana industry with over 50 years of collective experience and includes over 20 cultivation, processing and manufacturing licenses across four U.S. states (Washington, Oregon, California and Colorado). "We are excited…

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MondayApr 15, 2019 9:26 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Modifies Aphria Acquisition Offer, Enters Share Repurchase Agreement

Lifestyle-oriented cannabis company Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) this morning announced that it has reached an agreement with Aphria Inc. (TSX: APHA) (NYSE: APHA) to shorten the expiry time for acceptance of its formal offer to acquire all of the issued and outstanding common shares of Aphria from 5:00 p.m. ET on May 9, 2019, to 5:00 p.m. ET on April 25, 2019. Green Growth Brands also announced its entry into an agreement to repurchase 27,300,000 of its common shares, held by GA Opportunities Corp., for aggregate consideration of C$89 million. “We are pleased to be buying…

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