Breaks Categories: News

ThursdayOct 04, 2018 10:51 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Grants Incentive Stock Options; Names New Executive Team Member

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company, has appointed Francesco Tallarico as general counsel and corporate secretary, effective October 1, 2018. David Miller, who served as the company’s corporate secretary before Tallarico joined the Flowr team, will remain on the company’s Board of Directors. "I am very pleased to welcome Francesco to the Flowr executive management team," Flowr CEO Vinay Tolia stated in the news release. "He is an exceptional leader and lawyer and brings a wealth of experience that we expect will prove instrumental as we continue to execute on our strategic goals." In addition,…

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WednesdayOct 03, 2018 1:05 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Gears Up to Target Two Key Canadian Markets through New Brand Licensing Deal

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company, was the subject of an article published by TheGlobeandMail.com today, titled ‘Cannabis Professional: Ace Hill, Flowr blaze the branding trail with licensing deal’ authored by Mark Rendell. As noted in the article, a first for the Canadian cannabis industry was reached today through the execution of a brand licensing deal by Toronto craft brewer Ace Hill and FLWR. The companies have partnered up to market a line of pre-rolled joints in Ontario and British Columbia. Per the article, FLWR will grow, package and ship two cannabis strains that will then…

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WednesdayOct 03, 2018 11:10 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Enters Strategic Partnership with Ace Valley Cannabis Brand

The Flowr Corporation (TSX.V: FLWR), a Canadian cultivator of premium cannabis, this morning announced a strategic partnership with Ace Valley, a new brand of cannabis products targeted at the upcoming Canadian adult-use recreational market. Per the update, Ace Valley’s curated product portfolio of pre-rolled joints and premium dried flower applies the deep understanding of consumer values and trends held by the team behind Ace Hill Beer to the cannabis market, while also leveraging Flowr’s expertise in cultivation. “From the start, Flowr and Ace Valley shared a commitment to creating high quality, authentic products for customers,” Steve Klein, chairman and chief…

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WednesdayOct 03, 2018 9:41 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investee Company Receives $9.6M Purchase Order

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its investee company, Refined Resin Technologies Inc., has attained its second purchase order for THC distillate in the minimum amount of $9.6 million, bringing its total purchase orders to $10.4 million. The order was received from a prominent, large volume, California cannabis enterprise and specifies $9.6 million as a minimum annual amount, contingent to consistent delivery and performance. “This multimillion-dollar order from an industry leading distributor illustrates the outstanding reputation and confidence in the Refined Resin team from leading players…

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TuesdayOct 02, 2018 11:20 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Successfully Closes Acquisition of HemPoland

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced the closing and approval from the Toronto Stock Exchange of its acquisition of HemPoland. In connection with the transaction, the company has paid $7.75 million in cash and has issued 1,968,323 restricted shares that will be escrowed for a term of three years from closing. There is also a contingent consideration of up to 3,047,722 deferred shares based on HemPoland achieving $32 million in EBITDA for the financial year 2021. TGOD will invest an additional $10.3 million in HemPoland to fund innovative product…

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TuesdayOct 02, 2018 10:47 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Issues Response to DEA Rescheduling of CBD

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF), a premium functional food and beverage company, this morning issued a response to the U.S. Drug Enforcement Administration’s recent decision to remove cannabis component cannabidiol from its Schedule I list of controlled substances. “We see this reclassification of CBD in pharmaceuticals as a good sign that will bolster the growing awareness of CBD as a substance that delivers many benefits, and opens the door for other CBD-based treatments, in line with the recent FDA approval of a drug to treat childhood epilepsy,” Jim Bailey, president and CEO of Phivida, stated in the news…

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MondayOct 01, 2018 2:45 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Subsidiary Makes Initial Shipment to the Ontario Cannabis Store

The Flowr Corporation (TSX.V: FLWR), through subsidiary The Flowr Group (Okanagan) Inc., this morning announced that it has initiated product shipments to the Ontario Cannabis Store, the province’s sole legal online retailer for recreational cannabis, in anticipation of the scheduled October 17, 2018, opening of the adult-use market. “We’re very pleased to be supplying Flowr’s premium cannabis to the Ontario Cannabis Store,” Tom Flow, Flowr’s co-founder and president, stated in the news release. “Our flower is grown in facilities with proprietary designs and cultivation systems in the world famous Okanagan Valley of British Columbia, then hand trimmed and craft cured…

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FridaySep 28, 2018 11:24 am

CannabisNewsBreaks – The Flowr Corporation (TSXV: FLWR) Subsidiary Commences Direct Sales

The Flowr Corp. (TSX.V: FLWR), a vertically-integrated Canadian cannabis company, yesterday announced that its subsidiary, The Flowr Group (Okanagan) Inc., has launched direct sales of its FlowrRx brand medical cannabis to customers through its website, www.Flowr.ca. Per the update, the company will initially accept a limited number of customers, providing them with access to a wide range of cannabis strains. “FlowrRx's premium cannabis is grown to provide our clients with the medicinal benefits they seek and, most importantly for their care, a consistent experience,” Dr. Lyle Oberg, chief policy and medical officer of Flowr, stated in the news release. “We’re…

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FridaySep 28, 2018 9:55 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Filing of New Strategic Patent Application

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, this morning announced the filing of a new strategic patent application. Per the update, the new provisional patent application is entitled "Lipophilic Active Agent Infused Tobacco Leaves and/or Tobacco Materials and Methods of Use Thereof" and represents Lexaria’s tenth patent family, expanding the applicability of the already-patented DehydraTECH technological process to impart benefits to tobacco leaves that may be utilized to deliver compounds that may or may not include nicotine. Notably, Lexaria intends to manage between 150 and 200 patent applications around the world within two years. To…

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ThursdaySep 27, 2018 2:57 pm

CannabisNewsBreaks – The Flowr Corporation (TSXV: FLWR) Chairman Featured in Interview by CFN Media Group

Steve Klein, chairman of The Flowr Corporation (TSXV: FLWR), was featured in a recent interview published by CFN Media Group. Host Greg Hasty was on location at the Cannabrunch in New York City to speak with industry leaders and high net worth investors in the cannabis space. During his interview with the FLWR chairman, Klein speaks to the current state of the Canadian cannabis industry, as well as Flowr Corp.’s progress toward establishing a foothold in the market. “There’s a lot of things to be excited about right now,” Klein noted in the interview. “We’re finishing our 85,000-square-foot first facility…

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