Breaks Categories: News

WednesdayFeb 06, 2019 9:33 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Mails SpinCo Unit Warrant Election Forms

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has mailed an election form to all registered TGOD shareholders of record as of January 31, 2019 who have an address of record outside the United States. The election form was sent in reference to the previously announced distribution of unit purchase warrants of TGOD Acquisition Corp. ("SpinCo") per its plan of arrangement with SpinCo. All eligible shareholders of record that wish to receive the SpinCo Unit Warrants must complete the election form and deliver it to Computershare Investor Services…

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TuesdayFeb 05, 2019 10:26 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Release Q2 Earnings on February 12

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) a Canadian company dedicated to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture, this morning announced the planned release of its second quarter financial results. Per the update, Supreme Cannabis will provide its Q2 financial results for the three months ended December 31, 2018 before markets open on February 12, 2019. To view the full press release, visit http://cnw.fm/su9JS About Supreme Cannabis The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people…

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TuesdayFeb 05, 2019 9:27 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Submits Application for NASDAQ Listing

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) today announced that it has submitted an application to list the company’s common shares on the NASDAQ Capital Market and has filed a Form 40-F Registration Statement with the U.S. Securities and Exchange Commission. The NASDAQ listing of Flowr’s shares is subject to a number of regulatory requirements that include registration of the common shares with the SEC and NASAQ determination of the company’s satisfaction of all applicable listing requirements. Subject to approval for listing, the common shares will continue to trade under FLWR on the…

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MondayFeb 04, 2019 9:42 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Option Agreement to Acquire 196,000 Square Foot Cannabis Facility

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that, on February 1, 2019, it accepted an assignment of a real estate option agreement from its CEO, Jim Pakulis, to acquire an asset package that includes an existing 196,000 square foot facility on 6.5 acres of land, as well as cannabis processing and packaging equipment. Should the option be exercised, the purchase price of the property is an aggregate of $15 million, payable in cash. Over the past two years, approximately $8 million in tenant improvements have been completed to create a vertically-integrated cannabis facility at the site. The arms-length…

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MondayFeb 04, 2019 9:28 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Additional Investment in Canapar Corp., Expands Ownership Stake to 49 Percent

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of a subsequent $9.4 million equity investment in portfolio company Canapar Corp. (“Canapar Canada”), the Canadian parent corporation of Italian organic hemp production and processing platform Canapar SrL (“Canapar Italy”). Per the update, this investment aligns with Canopy’s globally-focused growth strategy and is expected to provide the company with an opportunity to capitalize on the rapidly expanding European cannabidiol market. With its most recent investment, Canopy’s ownership position in Canapar Canada has expanded to 49 percent on a non-diluted basis. “Canopy Rivers’ investment…

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FridayFeb 01, 2019 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Construction Update, Increases Capacity, Confirms On-Schedule Launch of Growers Circle

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today released a detailed construction update on its domestic Valleyfield and Hamilton operations that reflects significant progress toward the completion of both facilities. According to the update, as a result of a recently-identified need for design modifications in the construction process, the engineering improvements enable optimized facility throughput that, combined with organic specific modifications, provide an increased domestic productive capacity forecast from 156,000 kg to 202,500 kgs. The updated construction plan requires increased capital expenditures of approximately $30 million for the completion of the structures and…

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FridayFeb 01, 2019 9:25 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Commence Trading on the Toronto Stock Exchange

The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a Canadian company dedicated to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture, recently announced that its listed securities are anticipated to begin trading on the Toronto Stock Exchange ("TSX") on February 4, 2019. SPRWF is also set to participate in the market open ceremony that day. The company’s common shares and 6.0% senior unsecured convertible debentures due 2021 will be voluntarily delisted from the TSX Venture Exchange under the symbol "FIRE" and will start trading on the TSX under the symbol "FIRE.DB".…

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ThursdayJan 31, 2019 1:17 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Reveals Plan to Start Selling Cannabis Clones & Seeds During the Second Quarter

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced that in the second quarter of this year it will start selling a wide assortment of cannabis cultivars in both clone and seed form. The cultivars will be produced in the company’s cultivation center in Kelowna, BC, which is designed to Good Manufacturing Practice (GMP) standards and utilizes proprietary systems and processes to reduce the risk of contamination. Flowr believes that once its initial cultivation facility is completed, which is anticipated by the end of the third quarter of 2019, it will be able to produce more than 3.2 million…

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ThursdayJan 31, 2019 12:35 pm

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Changes to Senior Leadership Team to Advance Growth Plan; Featured on Uptick Newswire

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) today announced changes to its California leadership team to support growth of its branded product lines to be sold throughout 2019. Kevin Wilkerson was promoted to president of Sun CA Holdings, from his former position as COO, and will be responsible for Sunniva’s California operations. In addition, Mary Patton officially joined the Sunniva team as vice president of marketing in December 2018, after several years of consulting with the company, and will be responsible for overseeing the Sunniva brand launch in California later this year. Wilkerson has been active in the…

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ThursdayJan 31, 2019 11:21 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Provides Corporate Update Reviewing Completed Milestones, Strategic Initiatives

Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning provided a corporate update that reviewed completed milestones and ongoing strategic initiatives. Key highlights of the update include the company’s progress on retailer roll-out, new beverages, marketing materials and rebranded websites. Based on Phivida’s progress toward finalizing supply contracts with several national retailers, management is confident in an Oki product line retail launch across more than 1,000 outlets in early Q2 2019. In addition, a new Oki beverages production run is slated for March 2019 to support expected demand. The company also provided marketing and social initiatives for…

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