Breaks Categories: News

ThursdayDec 13, 2018 9:26 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Secures Temporary Manufacturing License

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has achieved its California state Temporary Manufacturing License for Adult and Medicinal Cannabis Products. The conditional license permits Refined Resin to engage in commercial cannabis activity and positions it to submit for its annual license by the end of the year. Refined Resin’s previously submitted Oakland City Building Permit to refit its 6,000 square foot manufacturing facility for full production is also expected by Dec. 31, 2018. Construction at the facility is anticipated to be completed roughly 90 days from approval and…

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WednesdayDec 12, 2018 9:29 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Announces Strategic Alliance Between Two Portfolio Clients

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning announced the formation of a strategic alliance between two of its portfolio companies, Winterlife Inc. and Mary’s Wellness Ltd., to begin a global cannabis product launch. The two companies are working together to first launch Mary’s Wellness, a well-known Canadian tea brand, into the US. In addition to a planned Canadian introduction once CBD edibles are permitted in the country, Winterlife is also working on its own massive US expansion by branding a new suite of Winterlife CBD products. “The emphasis on globalization for Mary’s Wellness signals Redfund’s commitment to…

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TuesdayDec 11, 2018 10:30 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Names Covet Public Relations as PR Agency of Record

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the appointment of Covet Public Relations (“PR”) as its national U.S. public relations agency of record, effective immediately. The award-winning PR agency, led by Founder and CEO Sara Brooks, will oversee the company’s communications to support and raise the visibility of its Oki lifestyle brand. The company recently launched the line of functional beverages and supplements infused with active hemp extract (www.FeelOki.com). “We are very excited to be partnering with an agency of Covet PR's pedigree in the CPG space,” Phivida Holdings CMO Mike Cornwell stated in the…

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MondayDec 10, 2018 10:21 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Resignation of Natural Health Services Ltd. President

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced the resignation of Daniel Vass as president of Natural Health Services Ltd. (“NHS”), a wholly owned subsidiary of Sunniva. Vass also resigned as director of the company, and both resignations are effective immediately. "We thank Dan for his contribution to the Company over the past two years and wish him well in his future endeavors,” Chairman and CEO Dr. Anthony Holler stated in the news release. “The Company will ensure that the necessary plans are put in place to effect a smooth transition.” Medical Director Dr. Mark…

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MondayDec 10, 2018 9:35 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expanding Personnel, Issues Stock Options

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced that it is expanding to hire new personnel and will be issuing stock options. Per the update, Lexaria is in the process of appointing a new corporate controller, head of its legal division and other office staff, and, in 2019, it expects to hire additional laboratory personnel with expansion of its research and development operations. As a result of the newly-created positions, Lexaria is issuing stock options totaling 240,000 with an exercise price of $1.06. In addition, the company has received $110,000 from…

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FridayDec 07, 2018 2:18 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Reports Voting Results from Annual Meeting

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development (“R&D”) today reported the voting results from its annual general and special meeting of shareholders of the company which took place in Mississauga, Ontario on December 6, 2018. The matters up for consideration, which were detailed in the company's management information circular dated November 7, 2018, received majority votes at the meeting, thus approving all matters. Additionally, the shareholders approved the election of all the nominated directors. Detailed voting results for the meeting together, as well as a copy of each of the new share option…

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ThursdayDec 06, 2018 10:12 am

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

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its entry into an exclusive consulting services agreement with Khalifa Kush Enterprises Canada ULC ("KKE Canada") an affiliate of Khalifa Kush Enterprises, LLC ("KKE USA", and together with KKE Canada "KKE").  Under the agreement, KKE will provide cannabis related consulting services to Supreme, which will, in turn, be the exclusive producer of KKE branded products in Canada and, subject to approval, other international markets outside of the U.S. This will include development of a strain based on KKE's flagship "Khalifa Kush,” and development and commercialization of a product lineup…

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ThursdayDec 06, 2018 9:51 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances Final Tranche for Buildout of Refined Resin Facility

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its advancement of $750,000 to investee company Refined Resin Technologies Inc., an Oakland, California-based cannabinoid research and extraction company. This is FinCanna’s third and final tranche of its $3 million capital commitment to Refined Resin to fund the build out and operationalization of its 6,000 square foot, state-of-the-art medical cannabis extraction laboratory. “We are very pleased to see the company hitting key milestones as it moves towards full commercialization,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “With its…

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ThursdayDec 06, 2018 9:23 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Reports Three Executives Are Set to Speak at Vancouver O’Cannabiz 2018

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning announced upcoming speaking engagements for the company and a portfolio client, Mary’s Tea, at the O’Cannabiz Conference and Expo: Vancouver taking place December 10-11, 2018. Virginia Vidal, CEO of Mary’s Tea, will serve as a head panelist at the expo and will be discussing edibles, infused foods and infused beverages. Redfund Capital Director Amanda De Freitas and CEO and Director Meris Kott will be discussing topics including the future of cannabis currency and the capacity to track supply chains, sales and transactions digitally. “O’Cannabiz is more about medical cannabis than…

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MondayDec 03, 2018 11:19 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) Solidifies Leading Position in Edibles with Acquisition of Cannabis-Infused Baked Goods Brand GOOD CO-OP

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) this morning announced its entry into a definitive agreement to acquire the assets of California-based cannabis-infused baked goods brand GOOD CO-OP, Inc. in an all share transaction. The acquisition, valued at approximately C$2.03 million, represents PLUS’s strategic entry into baked goods, the third-largest edibles category, after reaching the top edibles position with only four full-time products. “When Pete and I started GOOD, our mission was to make the best cannabis baked goods products in the world,” GOOD CEO and Co-Founder Mike Appezzato stated in the news release. “Manufacturing consistent cannabis food…

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