Breaks Categories: News

FridaySep 21, 2018 1:46 pm

CannabisNewsBreaks – The Flowr Corp. and The Needle Capital Corp. Successfully Complete Qualifying Transaction

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, together with The Needle Capital Corp., this morning announced the successful completion of the qualifying transaction under the policies of the TSX Venture Exchange (the “TSXV”). In accordance with a business combination agreement entered into between Needle, Flowr and 2652253 Ontario Inc. ("Subco"), Needle and Flowr completed a transaction that resulted in a reverse takeover of Needle by the shareholders of Flowr to form the resulting issuer. Flowr and Needle attained conditional approval for the transaction from the TSXV on September 12, 2018 and the…

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FridaySep 21, 2018 9:30 am

CannabisNewsBreaks – Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) Applauds Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Commencement of Trading on the TSX Venture Exchange

Canopy Growth (TSX: WEED) (NYSE: CGC) recently congratulated the Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) team for its commencement of trading on the TSX Venture Exchange under the ticker symbol “RIV” on September 20, 2018. Canopy Rivers, a unique investment and operating platform designed to pursue investment opportunities in the emergent global cannabis sector, was originally founded to diversify Canopy Growth's cannabis supply streams. Canopy Rivers rapidly progressed into a worldwide strategic growth platform that builds value in cannabis venture partners by supporting each stage, from licensing and genetics to financial and strategic support, leveraging its affiliation with Canopy Growth.…

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ThursdaySep 20, 2018 4:51 pm

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Initiates Trading on the TSX Venture Exchange

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF), a unique investment and operating platform designed to pursue investment opportunities in the emergent global cannabis sector, this morning began trading its subordinated voting shares on the TSX Venture Exchange under the ticker symbol "RIV." In a news release issued on September 17, 2018, Canopy Rivers reported the successful completion of its qualifying transaction. The transaction consisted of a three-cornered amalgamation involving the company’s wholly owned 10859150 Canada Inc. subsidiary merging with Canopy Rivers Corporation.  Canopy closed its first day of trading at $8.75 on volume of more than 18 million. To view the…

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WednesdaySep 19, 2018 9:27 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Appoints Leading Cannabis Legalization Advocate to Board of Advisors

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced the appointment of Ms. Rosy Mondin, a leading advocate for the legalization of adult use cannabis in Canada, to its Board of Advisors. Mondin co-founded Soma Labs Scientific in 2014, which amalgamated to form Quadron Cannatech Corporation in 2016. Mondin serves as CEO and director Quadron Cannatech Corporation, making her the first woman to hold the role of CEO in a publicly traded company in the cannabis sector. “We are honored to have a woman with Rosy’s in-depth industry knowledge join…

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TuesdaySep 18, 2018 12:49 pm

CannabisNewsBreaks – The Coca-Cola Co. (NYSE: KO) Evaluates Opportunity in the Evolving Cannabis Market

Coca-Cola (NYSE: KO) is the latest beverage company assessing its options in the ever-evolving cannabis market and is presently in talks with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF), according to BNN Bloomberg. A recent article by Jen Skerritt and Craig Giammona on Bloomberg.com titled, “Coca-Cola Is Eyeing the Cannabis Market” highlights the company’s potential decision to join the growing ranks of mainstream businesses investing in the cannabis sector. Per the article, Coca-Cola is particularly interested in drinks infused with non-psychoactive cannabinoid (“CBD”). “We are closely watching the growth of non-psychoactive CBD as an ingredient in functional wellness beverages around…

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TuesdaySep 18, 2018 9:27 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Applies for Master Retail License in Manitoba’s Request for Proposal

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has applied for a master retail license in Manitoba's Request for Proposal ("RFP") to sell recreational cannabis following the upcoming recreational legalization on October 17th. If granted, the license would enable Choom to run an e-commerce platform and operate retail cannabis stores within the province. "Manitoba represents another step in our strategy to build one of the largest private retail networks across Canada and establishing Choom as a dominant Canadian cannabis brand. The RFP process is highly competitive and receiving one of the master…

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ThursdaySep 13, 2018 1:40 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Market Cap Surpasses $2 Billion

Owing to recent surges in the price of its Canadian-listed shares, The Green Organic Dutchman’s (TSX: TGOD) (OTCQX: TGODF) market cap recently exceeded $2 billion. Following shortly after the company’s May 2018 initial public offering (“IPO”), this milestone positions TGOD among some of the burgeoning cannabis industry’s most familiar names, including Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and TGOD investor Aurora Cannabis (TSX: ACB) (OTCQX: ACBFF). In addition, TGOD recently launched a premium, certified organic cannabis brand. The company’s timely launch lines up with Canadian Organic Week, an annual celebration of organic food, farming and products across the country.…

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ThursdaySep 13, 2018 12:14 pm

CannabisNewsBreaks – Canopy Rivers Corp. and AIM2 Ventures Inc. (TSXV: AIMB.P) Shareholders Vote in Favor of Qualifying Transaction

Canopy Rivers Corporation and AIM2 Ventures Inc. (TSXV: AIMB.P) (“AIM2”) recently announced that the shareholders of the respective companies have voted in favor of all matters concerning the companies’ business combination that will result in in a reverse take-over (“RTO”) of AIM2 by Canopy Rivers. The transaction will also constitute AIM2’s qualifying transaction. AIM2 shareholders also agreed to all matters at the meeting including increasing the size of the AIM2 board, the election of all proposed board members, the name change to Canopy Rivers Inc., the consolidation of its existing common shares on a 26.565 for 1 basis, the adoption…

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WednesdaySep 12, 2018 10:31 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Launch of Certified Organic Cannabis Brand

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced the launch of its premium, certified organic cannabis brand. Per the update, this preeminent launch coincides with Canadian Organic Week, the largest annual celebration of organic food, farming and products across the country. As part of the launch, TGOD is selecting 200 beta patients to experience its product this coming January. Applicants will be selected from the company's Founder's Club enrollment program. “We are thrilled to launch our premium organic brand of TGOD products with a focus on providing the highest-quality cannabis…

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WednesdaySep 12, 2018 10:06 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Brand

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium food and beverage company, this morning announced the launch of its "Oki" brand. Comprised of a line of functional beverages and supplements infused with active hemp extract, the Oki brand will be sold in up to 2,400 specialty store locations in the United States. All Oki brand products contain non-GMO organic ingredients and are packaged in 100% recyclable glass containers. Oki beverages are infused with 10 mg of active hemp extract per bottle and Oki supplements are available in tinctures or capsules that range in doses from 600-1800 total mg of active…

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