Breaks Categories: News

MondayAug 20, 2018 9:27 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Awarded DTC and CNS Eligibility for US-Listed Shares

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that it has been awarded Depository Trust Company (DTC) and Continuous-Net-Settlement (CNS) eligibility for its common shares listed on the OTCQX® Best Market. Per the update, the DTC manages the electronic clearing and settlement agency serving publicly traded companies in the U.S., providing an electronic method of clearing securities that speeds up the receipt of stock and cash while accelerating the settlement process. CNS, on the other hand, is an automated book-entry accounting system that aims to centralize the settlement of security transactions while maintaining an orderly flow of security…

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WednesdayAug 15, 2018 2:22 pm

CannabisNewsBreaks –The Flowr Corp. Secures Sales License from Health Canada

The Flowr Corp., a cultivator of premium cannabis in Canada, recently announced that it has received its sales license from Health Canada enabling the company to sell to the Canadian medical and adult-use recreational markets. Initially, Flowr will offer two brands: FlowrRx and Flowr. FlowrRx is a premium quality medicinal cannabis that empowers patients to live improved, fuller lives. The company’s premium recreational adult-use brand, Flowr, will serve the recreational market when it opens in October. “We’re pleased to have successfully completed the rigorous Health Canada sales licensing process and are excited to begin offering consumers and patients the high-quality…

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WednesdayAug 15, 2018 12:13 pm

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) and WeedMD Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE) Ink Definitive JV Agreement to Develop Cannabis Beverages Inc.

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), together with WeedMD (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE), this morning announced that the companies have signed a final definitive Joint Venture (“JV”) agreement to develop and operate Cannabis Beverages Inc. (“CanBev”). The strategic partnership positions CanBev as an early mover in the cannabis-infused beverage market, with each company retaining 50% each of the Class A shares in the new company. CanBev’s Board of Directors will be comprised of five individuals, two nominated by each company and one independent director. The partners have agreed to fund capital requirements of CanBev equally, beginning with initial…

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WednesdayAug 15, 2018 11:25 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks Licensing Agreement with Asterion Cannabis; Engages Monster Media to Provide IR Services

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed an agreement with Asterion Cannabis Inc. to acquire a worldwide license to use, manufacture, distribute and sell three Health Canada approved natural health products. Per the terms of the licensing agreement, Asterion has granted PreveCeutical a non-exclusive license to use Asterion's intellectual property to make or have made, use, distribute, sell, offer to sell and promote the products in exchange for a royalty fee payable to Asterion equaling 20% of the gross sales. The licensing agreement’s initial term is five years and…

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WednesdayAug 15, 2018 9:29 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Filing of Second Quarter Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced the filing of its financial and operational results for the second quarter of fiscal 2018 ended June 30, 2018. Among the highlights, the company successfully completed a record-breaking initial public offering on the Toronto Stock Exchange, raising gross proceeds of $132 million; expanded its shareholder base from 4,000 to over 20,000; and continued to make strong progress on the construction of its facilities in Ancaster, Ontario, and Valleyfield, Quebec. “We are pleased with the accomplishments we have made in such a short…

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TuesdayAug 14, 2018 9:35 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) Announces Appointment of Chief Customer Officer

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) this morning announced its appointment of Joel Mallard as its new chief customer officer (CCO). Per the update, Mallard will assume the position effective August 20, 2018, and will be tasked with building and leading VIVO’s sales teams and strategy across all markets moving forward. Mallard brings more than 20 years of sales, marketing and innovation experience to the VIVO team, having previously held senior roles at Diageo and News Corp. Notably, he also boasts over 13 years of experience in leadership roles in the alcoholic beverage industry. “Joel is a welcome addition…

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MondayAug 13, 2018 9:28 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1.25M Capital Tranche to Refined Resin Technologies

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced the initial tranche of capital totaling $1.25 million to its investee company, Refined Resin Technologies Inc. As key milestones are realized over the next few months, the company will continue advancing a series of tranches of capital to Refined Resin in accordance with the terms of the previously announced royalty agreement between the companies. The capital paid to Refined Resin will be used toward implementing its three-phase development strategy comprised of a facility design phase, build-out…

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ThursdayAug 09, 2018 3:22 pm

CannabisNewsBreaks – Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and Canopy Rivers Corp. File Early Warning Report Regarding the Close of LiveWell Qualifying Transaction

Canopy Growth Corp. (TSX: WEED) (NYSE: CGC), together with Canopy Rivers Corp., announced in a recent news release that they have filed an early warning report in connection with the closing of the qualifying transaction of LiveWell Canada Inc., formerly Percy Street Capital Corporation, under National Instrument 62-103. Per the transaction, the two companies received a total of 17,589,552 common shares of Livewell in exchange for their common shares of LiveWell Foods Canada Inc. Canopy Growth holds 11,726,364 common shares and Canopy Rivers holds 5,863,188 common shares. Prior to the transaction, neither company held any common shares or convertible securities…

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ThursdayAug 09, 2018 9:32 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Agreement with Shopify Inc. (NYSE: SHOP) (TSX: SHOP)

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that it has selected Shopify Inc. (NYSE: SHOP) (TSX: SHOP) to create an innovative ecommerce platform for the delivery of medical and future adult-use organic cannabis worldwide. “We are pleased to announce this agreement with ecommerce giant Shopify,” Csaba Reider, president of TGOD, stated in the news release. “We see tremendous value in this relationship and Shopify will play an instrumental role in our ability to rapidly scale and provide our premium organic cannabis to global markets.” To view the full press…

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ThursdayAug 09, 2018 9:27 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Inks LOI with Pharmaflorx for the Supply of Cannabis Oils and Isolates

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it has signed a Letter of Intent (“LOI”) with Pharmaflorx Ltd. ("PFX") for the supply of cannabis oils and isolates. PFX is a privately-held late-stage Access to Cannabis for Medical Purposes Regulations ("ACMPR") applicant located in Gatineau, Quebec. Per the update, Pivot will acquire a minimum of 1,000 kg/year of cannabis oils or isolates from PFX to manufacture its patented portfolio of biocannabis products. Pivot intends to supply both the Canadian and European Union markets with its suite of patented products following receipt of fitting licenses where regulations…

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