Breaks Categories: News

ThursdayJan 24, 2019 10:47 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and SpinCo Receive Approval on Plan of Arrangement, Announce Distribution Record Date

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) together with its wholly-owned subsidiary, TGOD Acquisition Corporation ("SpinCo"), today announced receipt of approval from the Ontario Superior Court of Justice for the previously announced plan of arrangement. Under the terms and conditions of the arrangement agreement between TGOD and SpinCo, TGOD will distribute to TGOD shareholders unit purchase warrants of SpinCo. The TGOD board of directors has established January 31, 2019 as the record date for the distribution and, pursuant to the agreement, at which time each TGOD shareholder of record who confirms they are…

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ThursdayJan 24, 2019 9:59 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Begins Trading on the OTCQB Venture Market

Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has received approval for the company’s shares to trade on the OTCQB® Venture Market under the symbol “PLPRF” starting January 23, 2019. Per the update, the company also applied for eligibility for book-entry delivery and depository services of the Depository Trust Company (“DTC”), to enable electronic settlement of transfers of its shares in the United States. The method accelerates the receipt of stock and cash and fast-tracks the settlement process for investors, enhancing the company’s potential investor base. PLUS will deliver confirmation when, and if, it has been granted…

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ThursdayJan 24, 2019 9:21 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Health Canada Approval to Open Additional Grow Rooms at its Kelowna 1 Cultivation Facility

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer (“LP”) of premium cannabis products, this morning announced that it has attained approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. Flowr expects to commence growing in some of the rooms immediately, doubling its current capacity and bringing the facility to 50% completion by increasing the total number of rooms in operation to 10. Upon completion, which is anticipated by the third quarter of this year, the 85,000 square foot facility is expected to have a total of 20 grow rooms and produce…

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WednesdayJan 23, 2019 11:11 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Engages Purple Crown Communications for IR Services

TransCanna Holdings (CSE: TCAN) today announced that it has engaged Purple Crown Communications Corp. of Vancouver to act as its investor relations consultant, subject to regulatory approval of applicable filings with the Canadian Securities Exchange. Per the update, Purple Crown will assist TransCanna in broadening its shareholder base and creating effective communications with shareholders and potential investors. TransCanna has retained Purple Crown at a monthly fee of $7,000 for a twelve-month term, thereafter renewable on a monthly basis on mutual agreement. Purple Crown does not have any interest, directly or indirectly, in TransCanna or its securities with exception to the…

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TuesdayJan 22, 2019 10:06 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Equity Investment in Adult-Use Cannabis Beverage and Edibles Brand

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of an equity investment in 10663522 Canada Inc. (“Herbert”), a unique brand platform focused on the adult-use cannabis beverage and edibles market. Canopy Rivers subscribed in Herbert for CAD $1,500,000 of preferred shares and received incremental warrants that entitle RIV to certain governance-related rights and the ability to increase its economic interest in Herbert under certain circumstances. “Herbert represents an opportunity for Canopy Rivers to be invested at a very early stage in a company focused on the adult-use cannabis beverage and edible product segment,” Canopy Rivers President Narbe…

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TuesdayJan 22, 2019 10:00 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Approved for Trading on the Frankfurt Stock Exchange; Appoints New Director

TransCanna Holdings (CSE: TCAN) announced on Monday that the company has been approved for trading on the Frankfurt Stock Exchange (XETR) under the listing TH8. In addition, TransCanna announced that Arni Johannson has accepted a seat on its board of directors. Johannson’s background includes extensive experience with operating and investing in emerging publicly traded companies. “We're excited with the ability to increase our shareholder base by being able to trade TransCanna on the Frankfurt Exchange,” TransCanna CEO Jim Pakulis stated in the news release. “We're also very pleased that Arni has agreed to join the board and assist in TransCanna's…

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ThursdayJan 17, 2019 11:02 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Secures Up to $12M Altria Group Investment in DehydraTECH Technology

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced that its wholly owned subsidiary, Lexaria Nicotine LLC, has entered into a definitive agreement with Altria Group Inc. (NYSE: MO) to fund the research and development of Lexaria’s patented DehydraTECH technology. The company’s DehydraTECH enhances the performance of ingestible products’ beneficial compounds across four categories that include taste and smell, speed of action, bio-absorption and bioavailability. According to the update, the partnership will explore innovation in oral, reduced-risk nicotine products for consumers, as well as potentially commercialize DehydraTECH for oral nicotine delivery. “This is an…

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ThursdayJan 17, 2019 10:17 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Appoints President with Strategic Career Pedigree

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced that it has appointed Narbe Alexandrian as president of the company, effective immediately. In this role, Alexandrian will report directly to CEO Bruce Linton with responsibilities that include leading corporate development initiatives and managing day-to-day corporate operations. Alexandrian’s experience prior to joining Canopy Rivers includes serving as a venture capitalist at OMERS Ventures, where he sourced and lead private debt and equity investments, assisted in raising over half a billion in capital for deployment in several of the firm’s investment funds, and acted as a board observer for several of the…

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ThursdayJan 17, 2019 9:52 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Fourth Edition of Consumer Favorite Pink Lemonade Cannabis-Infused Gummies, National Parks Foundation to Receive Portion of Proceeds

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it will create the fourth limited edition of its infused gummies - Pink Lemonade. Available for a limited time at select California dispensaries, a portion of this year’s launch proceeds will be donated to the National Parks Foundation. The Pink Lemonade product strikes a balance between sweet and tangy, providing a twist on a classic flavor and precise dosing of 3.5mg of THC and 1.5mg CBD. “Many people ask us how we come up with our new limited-edition flavors and the answer is, our customers. Pink…

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ThursdayJan 17, 2019 9:22 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Names Chief Science Officer

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, today announced the appointment of Dr. Rav Kumar, PhD as Chief Science Officer. Dr. Kumar will utilize his more than 25 years of experience in the pharmaceutical industry to lead TGOD’s Science & Innovation Division. He will also oversee all science-related initiatives, including its science portfolio of global product lines for patients and consumers, driving innovation from concept to commercialization. “We are incredibly excited to welcome Dr. Kumar to TGOD. He is a proven and seasoned senior executive with extensive international pharmaceutical experience in developing…

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