Breaks Categories: News

MondayMar 11, 2019 9:17 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Details Plans for Private Placement

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) on Friday detailed its plans to complete a private placement of units at a price of $C0.54 per unit for gross proceeds of up to $1.75 million. Each unit will consist of one common share of Wildflower and one half of one share purchase warrant. Each full purchase warrant will entitle its holder to acquire one common share of the company at a price of $0.85 for a period of 24 months following the closing date of the private placement. Per the update, the financing is already fully subscribed, and it is…

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FridayMar 08, 2019 10:40 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Appoints New CFO To Seize Opportunities in Next Stage of Global Growth

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of Nikhil Handa as the company's new chief financial officer. Current CFO, Dimitre Naoumov, will assume the role of vice president, finance. According to the update, Supreme Cannabis is executing this finance department leadership realignment of leadership to further accelerate its international and domestic growth initiatives. Handa joins Supreme Cannabis with considerable cross-sector capital markets experience and, as CFO, his responsibilities will include stewardship of Supreme Cannabis' finance department, with an emphasis on capital allocation planning, M&A, and transactional execution as the company focuses on domestic…

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FridayMar 08, 2019 10:24 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Secures DTC Eligibility for the U.S. Market

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has secured eligibility by The Depository Trust Company (“DTC”) for its shares on the OTC. A U.S. company and a subsidiary of the Depository Trust & Clearing Corporation, DTC manages the electronic clearing and settlement of publicly traded companies, and its services provide cost benefits for investors and brokers trading Canadian securities in the United States. Per the update, DTC eligibility permits shares of PLUS Products to be distributed, settled and serviced through DTC’s automated processes, leveraging efficiencies of electronic clearing and settlement of securities.…

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FridayMar 08, 2019 9:51 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Headset Forms Strategic Alliance with Nielsen Holdings plc (NYSE: NLSN) to Provide U.S. Cannabis Market Data, Analytics to CPG Companies

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) on Thursday announced that its portfolio company, Headset, Inc., formed a landmark strategic alliance with Nielsen Holdings plc (NYSE: NLSN). According to the update, the partnership combines Nielsen’s consumer research capabilities with Headset's real-time retail point-of-sale platform to provide U.S. cannabis market data and analytics to consumer packaged goods (“CPG”) companies monitoring the cannabis space. “This announcement from Headset and Nielsen validates our belief in the importance of data in the rapidly unfolding and brand-intensive cannabis industry,” Canopy Rivers President Narbe Alexandrian said in the news release. “Partnering with Nielsen, an S&P 500…

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ThursdayMar 07, 2019 10:31 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Strengthens Board of Directors with the Appointment of Kenneth R. McKinnon

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its appointment of new independent director, Kenneth R. McKinnon, Q.C. in a strategic move to strengthen its board of directors. McKinnon brings substantial financial oversight and business advisory experience as an experienced corporate executive and director. He currently is a partner at Citrus Capital Partners Ltd. and serves on the boards of Touchstone Exploration Inc. and Alvopetro Energy Ltd. McKinnon previously was a director at Petrominerales Ltd. and Lightstream Resources Ltd., where he also served as chairman. He also served on the board of governors of the University…

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ThursdayMar 07, 2019 9:42 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Appoints CRIO to Lead Development of Premium Cannabis Products for Global Market

Canadian Licensed Producer of premium cannabis products the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) announced that it has promoted Jason Broome from SVP of operations to the role of chief research and innovation officer (“CRIO”). As CRIO, Broome will be responsible for the development of new high-quality products and leading Flowr’s research into cultivars, form factors and delivery systems for global markets. His responsibilities will also include oversight of Flowr’s state-of-the-art R&D facility, part of an exclusive collaboration with Hawthorne Canada, a subsidiary of The Scott's Miracle-Gro Corporation (NYSE: SMG). “Flowr’s product innovation portfolio must meet the world-class standards of…

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WednesdayMar 06, 2019 1:15 pm

CannabisNewsBreaks – Gabriella’s Kitchen Inc. (CSE: GABY) Expands Retail Footprint with Products Now Available in Calgary Co-op Grocery Stores

Leading North American manufacturer of better-for-you products Gabriella's Kitchen (CSE: GABY) today announced its retail partnership with Calgary Co-operative Association Limited. According to the update, effective February 2019, GABY products, under the Gabriella's Kitchen brand, are available for purchase in Calgary Co-op grocery stores throughout Southern Alberta. Calgary Co-op is one of North America’s largest and most successful retail co-operatives, with locations in Calgary, Airdrie, Cochrane, High River, Okotoks and Strathmore. Gabriella's Kitchen products are currently available across the U.S. and Canada in over 3,400 conventional and natural retailers, and this expansion will add additional retail stores.  “We are aligned…

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WednesdayMar 06, 2019 11:57 am

CannabisNewsBreaks – InMed Pharmaceuticals Inc. (TSX: IN) (OTCQX: IMLFF) Adds Strategic Appointment to Scientific Advisory Board

Cannabinoid-based biopharmaceutical company InMed Pharmaceuticals (TSX: IN) (OTCQX: IMLFF) today announced its addition of Dr. Steven M. Dinh to its Scientific Advisory Board. Per the update, Dr. Dinh brings more than 30 years of pharmaceutical and biotech executive leadership, as well as proven success in developing and commercializing dermal pharmaceutical products by applying innovative drug delivery technologies. Over 22 issued U.S. patents, 44 published patent applications, 6 NDA approvals and the successful commercialization of 9 products to serve the unmet needs of patients are a result of Dr. Dinh’s accomplishments and innovations in pharmaceutical product development and drug delivery technology.…

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WednesdayMar 06, 2019 9:56 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Receives $3.9M Non-Dilutive Cash Injection from Cultivation Technologies Inc.

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today announced its receipt of US$3.9 million as partial repayment of an outstanding secured loan from Cultivation Technologies Inc. (“CTI”). According to the update, the funds were generated from the sale of CTI’s Coachella property, and FinCanna will continue to earn 50 percent of the profits of CTI’s Interim Extraction and Manufacturing Facility that, as agreed to with the new Coachella property owner, is expected to remain in operation on the site until June 2019. “We are very pleased to receive this non-dilutive cash…

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TuesdayMar 05, 2019 10:09 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Receipt of Second Organic Certification at Hamilton Facility

Cannabis-focused research and development company the Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced its receipt of an organic certification from Pro-cert Organic Systems Ltd. Pro-cert is one of North America's foremost certification bodies and the second certification body to endorse TGOD's organic process at its Hamilton facility. The company is committed to the highest standards of organic cultivation, and grows its cannabis in soil, without irradiation or the use of synthetic fertilizers, herbicides or pesticides. “Certified-organic provides consumers with the best cannabis experience, and the entire TGOD organization is committed to that standard,” TGODF Director and…

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