Breaks Categories: News

ThursdayJan 31, 2019 11:18 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Secures and Expands Lead in California Edibles Market with Best-Selling Products

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has secured its position as the best-selling cannabis-infused edibles brand in California, and, over the prior quarter, it has widened its lead over the number two brand.  Per the update, the positioning is based on BDS Analytics retail sales data for Q4 2018, when PLUS had three of the best-selling branded products in all categories, including flower, vaporizers, edibles and topicals. In addition, PLUS Uplift and PLUS Restore remained the top two best-selling SKUs, and PLUS CBD Relief was the top CBD-only and fifth…

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ThursdayJan 31, 2019 11:15 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Enters Royalty Agreement with Multi-Brand Infused Products Manufacturer QVI Inc.

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today announced its entry into a royalty agreement with QVI Inc. (which stands for Quality, Value, Integrity, doing business as “The Galley”), a Sonoma County, California-based cannabis-infused product manufacturer. QVI is strategically located in Sonoma, California, between the famed Emerald Triangle and the greater San Francisco Bay Area, and it is in the process of refitting its 8,300 square foot facility in Santa Rosa for a large-scale commercial kitchen. The facility is planned to have dedicated spaces for baked goods, chocolate products and a…

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TuesdayJan 29, 2019 12:30 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Enters LOI for Acquisition of Goodfellas Group, LLC

TransCanna Holdings (CSE: TCAN) (XETR: TH8) today announced that it has signed a non-binding letter of intent to acquire a full service advertising and marketing agency for the cannabis and hemp industries, Goodfellas Group, LLC, from which TransCanna is already acquiring 23 branding agreements. 60 percent of acquisition price (two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in Goodfellas audited financial statements), will be paid at closing, half of which payable in cash and half payable through the issuance of the company's common shares. The remaining 40 percent of the…

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TuesdayJan 29, 2019 9:50 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) JV Partner Secures Cultivation License for Denmark Operations

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that its joint venture (“JV”) production partner, Knud Jepsen, has received an initial cannabis business authorization from the Danish Medicines Agency, the government body responsible for issuing cannabis related licenses. According to the update, the license will allow Kund Jepsen to begin immediate importation of starting materials and research and development related to the creation of elite cannabis genetics. Under the terms of the completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this license…

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TuesdayJan 29, 2019 9:30 am

CannabisNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Premium Cannabis Products Become Available for Purchase in Manitoba

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), through its subsidiary The Flowr Group (Okanagan) Inc. (collectively “Flowr”), this morning announced that the company’s premium cannabis products are now available for purchase through licensed private retailers in Manitoba. This brings the total number of provinces the products are sold in to five, with the company securing previous sales agreements in British Columbia, Nova Scotia and Ontario as well as sales through a private dispensary in Saskatchewan. “We’re proud to have Flowr brand cannabis available to consumers in Manitoba and to be working with Manitoba Liquor & Lotteries. Making Flowr’s products available…

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MondayJan 28, 2019 9:44 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Receives Health Canada Approval to Increase Production Capacity

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that 7CRES, its wholly owned subsidiary, has received Health Canada approval to begin cultivating approximately 30,000 square feet of additional flowering rooms at its Kincardine, Ontario facility. According to the update, this raises the total flowering room space to 120,000 square feet (from 90,000 square feet) and increases 7ACRES' annual production capacity estimate to 17,500kg (from approximately 13,300kg). The facility’s potential capacity is expected to reach approximately 50,000kg per year due to increased production efficiencies and the completion and licensing of all 25 flowering rooms. In…

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MondayJan 28, 2019 9:20 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Update on Proposed Operations in Greece

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Ltd., a cannabis-focused research and development company, this morning issued an update in which it comments on a recent news release from the Greek Ministry of Agriculture concerning the company’s proposed Greece operations. Per the release, TGOD has been in communication with various Greek Ministries, including the Ministry of Rural Development and Food, since early 2018, and it is currently awaiting a license for the production of medicinal cannabis in the Mediterranean nation. This morning’s update goes on to note: “The Company and the Greek Government have had advanced discussions…

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FridayJan 25, 2019 1:23 pm

CannabisNewsBreaks – PharmaCielo Ltd. (TSXV: PCLO) Starts Trading on the TSX Venture Exchange; Provides Outlook for Fiscal 2019

PharmaCielo (TSXV: PCLO) recently announced that it commenced trading on the TSX Venture Exchange ("TSXV") under the symbol "PCLO" on January 18, 2019. The company’s news release also provided an outlook for fiscal 2019. Among other highlights, PharmaCielo plans to scale its area under current cultivation from 5.3 hectares of open-air greenhouse to roughly 20 hectares; solidify relationships with distributors and end-product manufacturers in certain international jurisdictions to bring products to market; and begin cannabis oil product sales in key markets to generate revenue. “2019 will be an exciting year for PharmaCielo shareholders. We have constructed a platform with the…

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FridayJan 25, 2019 9:58 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Hires North America’s First Cannabis Cultivation PhD in R&D Team Expansion

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) today announced that it has hired Deron Caplan as its director of plant science. Dr. Caplan is the first person in North America to earn a doctorate in philosophy with research focused on cannabis production, earning his degree from the University of Guelph in August 2018. He has written numerous scientific journal articles on cannabis and was the primary author of the first peer-reviewed paper on indoor cannabis production published in North America. Dr. Caplan has provided expert commentary on cannabis for a variety of national…

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FridayJan 25, 2019 9:30 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Finalizes Definitive Agreement with Knud Jepsen to Establish Two European Joint Ventures

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has entered into a definitive agreement with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”) to establish two 50/50 joint ventures (“JVs”). The first JV is designed for producing commercial cannabis and cannabis oils, and the second is intended to develop and patent advanced, commercially valuable elite cannabis genetics. The companies will establish both JVs in Denmark, and plan to expand the production JV into future low-cost European jurisdictions. Per the agreement, the companies will launch a premium organic European bulk cannabinoid…

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