Breaks Categories: News

ThursdayOct 25, 2018 10:47 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Details Definitive Agreement for TGOD Acquisition Corp. Spin-off

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), alongside wholly owned subsidiary TGOD Acquisition Corporation (“SpinCo”), this morning announced entry into a definitive agreement pursuant to which the company will move forward with the previously announced spin-off transaction, subject to the terms and conditions of the arrangement agreement. Per the update, TGOD will distribute to its shareholders unit purchase warrants of SpinCo by way of a court-approved plan of arrangement. Pursuant to the arrangement, TGOD shareholders of record as of the distribution date will receive 0.15 percent of one SpinCo Unit Warrant for…

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TuesdayOct 23, 2018 11:15 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Aiming High in Recreational Market with Clean, Radiation-Free Cannabis

The Flowr Corporation (TSX.V: FLWR), headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, aims to stand out from other players in the legal cannabis industry with clean, radiation-free product. The company’s new 50,000 sq. ft. research and development facility is the result of an exclusive venture with Scotts Miracle-Gro Company (NYSE: SMG) subsidiary Hawthorne Gardening Company focused on gardening products and systems. An article published by The Growth Op describes the facility as “the birthplace of advanced cultivation techniques and systems,” with capabilities to grow clean, non-irradiated flower. Per the article, the company intends to release 80…

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TuesdayOct 23, 2018 10:46 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Discusses New Subsidiaries, Intellectual Property in Interview on Uptick Newswire’s Stock Day Podcast

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a drug delivery platform innovator that has developed and out-licenses its disruptive delivery technology, was recently featured on Uptick Newswire’s Stock Day Podcast. Chairman of the Board and CEO Chris Bunka provided an update regarding Lexaria’s licenses and technology. “Lexaria has been somewhat of a pioneer in this aspect of the business. We have been beating the drum on intellectual property since we began in 2014,” Bunka stated in the interview. “We now have over 50 patents outstanding in over 40 countries around the world. Our IP suite is one of the biggest and…

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TuesdayOct 23, 2018 9:46 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) President Discusses Company’s Future on Stock Day Podcast

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that Co-Founder, President, Chief Strategy Officer and Director Leith Pedersen recently discussed the company’s future with Everett Jolly of the Stock Day Podcast. Pedersen highlighted Sunniva’s success in attracting a seasoned management team to strategically capitalize on the current cannabis landscape. “We are very fortunate to the look at the successful Canadian landscape and see the partnerships being formed, see the mistakes, and take advantage of our first mover leadership position and business model on what we think will build a successful company in the USA, not…

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TuesdayOct 23, 2018 9:37 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Names New Chief Financial Officer

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced the appointment of Sean Bovingdon as its new Chief Financial Officer. Bovingdon brings almost 30 years of experience to the position, including his most recent role as the CFO of Toronto Hydro Corporation, a utility company with annual revenues of $3.5 billion. "We are pleased Mr. Bovingdon has chosen TGOD to apply his almost 30 years of finance experience," The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release. "Sean brings significant public and capital markets experience as well as…

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ThursdayOct 18, 2018 10:10 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Strategic Appointments to Management Team

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced two new appointments to its leadership team, including new Marketing Brand Director Emily Demeo and new Director, Legal and Compliance, Terry Reid. Demeo, with career accomplishments including leading the innovation strategy and growth plan for Molson Coors Canada, holding various positions with L’Oreal and serving as senior product manager for Garnier Fructis, will facilitate innovation of the company’s pipeline and drive the global TGOD brand. Reid, following a successful career guiding legal and compliance teams at Teva Pharmaceuticals and a Toronto-based commercial litigation…

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ThursdayOct 18, 2018 8:58 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Granted Two New US Patents

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) this morning announced that it has been granted two new U.S. patents. Per the update, the two new patents are related to certain cannabinoid infused beverage compositions utilizing Lexaria’s proprietary DehydraTECH process, a process which continues to strengthen the company’s dominant intellectual property position in the growing cannabis beverage market. With these new additions, Lexaria now has six granted patents in the U.S. and four granted patents in Australia, all 10 of which fall within the company’s first patent family, “Food and Beverage Compositions Infused With Lipophilic Active Agents…

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WednesdayOct 17, 2018 11:14 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Details Proposed Acquisition of Oakland Vision Project

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced its entry into a non-arm’s length binding letter of intent to acquire all of the issued and outstanding equity interests of the Oakland Vision Project (“Vision”). Per the update, Vision is co-owned by Vinayak Shastry, Sunniva’s president of U.S. operations, and operates a licensed cultivation facility located in Irvine, California. “This acquisition will deliver full vertical integration in California that strategically enhances the value of the Sunniva brand,” Leith Pedersen, president of Sunniva, stated in a news release. “Production from this facility will allow Sunniva to launch…

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WednesdayOct 17, 2018 10:29 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Subsidiary Secures Cultivation License from Health Canada

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that its wholly-owned subsidiary, Specialty Medijuana Products Inc., has received a cultivation license from Health Canada. Additionally, the company is currently executing its aggressive expansion plan to form a significant retail storefront brand in the Canadian adult use market. Choom is well-positioned to be a major retail player in the emerging market as it holds the rights to 52 retail opportunities across Western Canada while its growing presence in Alberta reaches 29 with 14 development permits and 11 building permits received from the various municipalities. "Now…

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TuesdayOct 16, 2018 11:27 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Obtains Medical Sales License for Ancaster Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that it has received its medical sales license from Health Canada in accordance the Access to Cannabis for Medical Purposes Regulations ("ACMPR") for its Ancaster, Ontario facility. "As we prepare for our Founders Club product launch in January 2019, this is a critical step in our path to becoming the global leading organic cannabis brand," Brian Athaide, CEO of The Green Organic Dutchman Holdings, stated in the news release. "We have been perfecting our organic grow methodology in Ancaster and are prepared for the…

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