Breaks Categories: News

MondayMar 18, 2019 9:26 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Online Availability of FlowrRX Products through Shoppers Drug Mart

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced that its FlowrRX products are now available for purchase through Shoppers Drug Mart’s online medical cannabis site, www.ShoppersDrugMart.ca/Cannabis. This update follows a January 9, 2019, news release outlining a sales agreement between the two companies. “We’re pleased to provide patients with the high quality and consistent products they seek, now with access to the world class patient care team that Shoppers Drug Mart has assembled,” Vinay Tolia, co-CEO of Flowr, stated in the news release. “Flowr’s premium medical cannabis is grown in what we believe is…

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FridayMar 15, 2019 8:30 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Increases Brokered Private Placement by 60 Percent

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently announced that its brokered private placement of 5,000,000 units at C$2.00 per unit, as announced on February 20, 2019, is oversubscribed. As a result, TransCanna has increased the offering by sixty percent to a maximum of 8,000,000 units to raise gross proceeds of C$16,000,000.  The company intends to use the offering’s net proceeds for partial funding of the acquisition of a 196,000 square foot vertically integrated cannabis facility in Modesto California, as well as equipment acquisition and general working capital. "We're humbled by the demand for our private placement," TCAN President and CEO…

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ThursdayMar 14, 2019 11:55 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Secures US Retail Partnership for Oki Beverages

Premium functional food and beverage company Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that leading supermarket chain Safeway will begin selling the company’s Oki beverages in over 100 stores located across Colorado. Per the update, this is the first major retailer in the U.S. to offer the Oki line of iced teas and waters, which now come infused with 20mg of active hemp extracts. Albertsons Companies LLC, the parent of Safeway, has over 2,200 stores nationwide and is the second-largest supermarket chain in North America. “We are extremely excited to be associated with the Safeway brand and…

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ThursdayMar 14, 2019 11:04 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Co-Founder and CEO to Present at 31st Annual ROTH Conference

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and CEO Jake Heimark will present at the 31st Annual ROTH Conference on March 19, 2019 at 10:15 a.m. PST. The conference will be held at the Ritz Carlton, Laguna Niguel in Dana Point, California and bring together executives from more than 500 public and private companies and approximately 1,000 investors. The event offers investment ideas across a variety of sectors and provides over 4,700 attendees with company presentations, Q&A sessions, panels, and one-on-one meetings for extensive interaction with executive management to gain in-depth…

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ThursdayMar 14, 2019 9:43 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8M Private Placement

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) on Wednesday announced that it has closed its previously announced private placement for aggregate gross proceeds of up to $1,882,000 at a price of C$0.54 per unit. According to the update, each unit consists of one issuer common share and one half of one share purchase warrant. Holders of each whole warrant will be entitled to acquire one Wildflower common share at a price of $0.85 for a period of 24 months. Once resale restrictions have expired and upon the company's shares trading at or above a weighted average price of $1.50 for 20…

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WednesdayMar 13, 2019 9:48 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) to Convert Loan to 5.55 Percent Equity Position in Mary’s Wellness Ltd.

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its intention to convert, into an equity position, the first tranche of a convertible secured promissory note with Mary’s Wellness Ltd. (“MWL”). According to the update, Redfund was extended the first tranche of C$100,000 from a C$1,000,000 promissory note it entered into with MWL on October 15, 2018. Redfund will own 5.55 percent of MWL upon conversion of the first tranche, and the promissory note’s remaining C$900,000 convertible balance, secured by a general security agreement on assets of MWL, will remain in place to secure additional tranches. “Redfund believes…

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TuesdayMar 12, 2019 9:16 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) to Present at Second Annual LD Micro Virtual Conference

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, recently announced that the company's President and CEO Andriyko Herchak is scheduled to deliver a presentation and answer questions during the second annual LD Micro Virtual Conference on Wednesday, March 18 at 2:40 PM ET. The conference will take place via webcast and will highlight more than 40 companies operating in the small and micro-cap space. “We are very pleased to be part of the LD Micro virtual conference and look forward to sharing recent corporate developments with interested investors and our shareholders,” FinCanna…

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TuesdayMar 12, 2019 9:00 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints New Member to its Board of Directors

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently announced the appointment of Director Steve Giblin to its board. Giblin is an accomplished leader across global hospitality, technology and real estate industries with a demonstrated track record in value creation. He has strong C suite relationships with Marriott, Hilton and Radisson brands and experience managing the Silverbirch and Delta hotel real estate portfolios for the British Columbia Investment Management Corporation. As Silverbirch CEO, Giblin grew revenues from $280 million to $500 million and increased the portfolio value over 50 percent. In addition, he has worked closely with a number of companies including…

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MondayMar 11, 2019 10:07 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic LOI with Malta Enterprises

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a letter of intent ("LOI") with Malta Enterprises, the economic development agency of Malta. Per the update, the LOI is Supreme’s first step toward an application for a cannabis production license in Malta, one of Europe's principal commercial entry points. The license would allow the company to produce and process cannabis for medical use within Malta, as well as export cannabis to certain international markets for medical use. "We're pleased to announce that we have secured a letter of intent from Malta Enterprises, taking…

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MondayMar 11, 2019 9:43 am

CannabisNewsBreaks – The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Partners with Valens Groworks to Accelerate Canadian Hemp Strategy

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a multi-year extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF), a licensed provider of cannabis products and services specializing in various proprietary extraction, distillation, cannabinoid isolation and purification technologies. According to the update, the partnership with Valens will accelerate TGOD's Canadian hemp strategy, allowing for early market entry of its organic hemp-derived CBD products in the coming months. "We are excited to work with TGOD, Canada's premier certified organic producer," Valens CEO Tyler Robson said in…

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