Breaks Categories: News

MondayJul 23, 2018 9:38 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Issues Corporate Update for Third Quarter of Fiscal 2018

Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) this morning issued a corporate update for the third quarter of fiscal 2018, highlighting the successful transition of its new senior leadership team and its progress toward mainstream commercialization of its portfolio of products and brands. Per the update, Phivida’s recent corporate milestones include the strengthening of corporate governance through new appointments to its board of directors and senior executive management team, advances in product development based on the results of consumer insight research and the implementation of a new national distribution strategy in the wake of positive legislative developments in the U.S.…

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ThursdayJul 19, 2018 10:10 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Names New Advisory Board Member

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced the appointment of John Campbell to its advisory board. Campbell has over 35 years of experience in the investment industry and holds the professional designations of CPA, MBA and CFA. Campbell currently serves as Chairman and CFO of TriView Capital as well as a director of several private and public companies. “We are honoured to have a man with John’s depth and breadth of experience join our Advisory Board,” Fincanna Capital President and CEO Andriyko Herchak stated in the news release.…

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ThursdayJul 19, 2018 9:37 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Spinoff Transaction

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced that it intends to complete a spinoff transaction resulting in a new corporation that will be engaged in the acquisition and development of worldwide opportunities. Following consultations with numerous financial institutions, TGOD Acquisitions plans to execute a series of staged financings and acquisitions. The company intends to complete the spinoff through plan of arrangement, pursuant to which TGOD will distribute a dividend consisting of a warrant in the new corporation to shareholders. The company will distribute a warrant to acquire a TGOD Acquisitions…

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TuesdayJul 17, 2018 12:44 pm

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) and Cannabis Strategic Ventures, Inc. (OTC: NUGS) Announce Extraction Services Agreement

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), together with Cannabis Strategic Ventures, Inc. (OTC: NUGS), today announced the signing of a cannabis concentrate extraction services agreement between CP Logistics, LLC (“CPL”), Sunniva’s wholly owned U.S. subsidiary, and Pure Applied Sciences, Inc. (“PAS”), Cannabis Strategic’s wholly owned subsidiary. Per the terms of the agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for PAS under the Pure Organix™ brand name, which was recently acquired by Cannabis Strategic. The agreement is for a 12-month term that…

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TuesdayJul 17, 2018 10:37 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) and Epican Medicinals Open Retail Dispensary in Jamaica

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF), together with Epican Medicinals, a company in which TGODF owns 49.18%, this morning announced the successful opening of its first legal cannabis retail store in Jamaica on Saturday, July 14th. Epican and TGOD will be provided with immediate revenue from the sale of premium Jamaican grown organic cannabis at the flagship location. The dispensary in Kingston represents the first of several Epican Herb Houses planned to be finalized across Jamaica by the end of 2018. “The Kingston dispensary is an important step in TGOD’s global strategy,”…

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ThursdayJul 12, 2018 9:38 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investment Executes Manufacturing and Distribution Agreement with Phoenix Tears LLC

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has executed an agreement with Phoenix Tears LLC to be the exclusive manufacturer and distributer of official Phoenix Tears THC-based products in California. Per the update, Phoenix Tears has supported more than 200,000 individuals through its cannabis brands and products since its inception in 2010. “This agreement represents a significant step forward for CTI as they continue to build out their manufacturing, distribution and marketing businesses of cannabis and cannabis-related…

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WednesdayJul 11, 2018 10:33 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Update on Sol-gel Program

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning issued an updated on its soluble gel (“Sol-gel”) drug delivery research and development program, which involves testing an array of cannabis strains for the development and commercialization of cannabinoid-based Sol-gels. Per the update, the program uses five distinct Cannabis sativa L. strains containing an assortment of CBD:THC concentrations, enabling the development of medicinal cannabis products tailored for a broad range of ailments and diseases. The current focus of the Sol-gel program is on preparing formulations containing fixed CBD:THC concentrations that can be utilized with a custom…

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TuesdayJul 10, 2018 3:10 pm

CannabisNewsBreaks – As Legalization Approaches in Canada, Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Takes a Look Back at The History of Cannabis

DOJA Cannabis Ltd., a wholly-owned subsidiary of Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), recently posted a blog update detailing the history of Cannabis in British Columbia. Dating all the way back to the 1600s, hemp has proven to be a valuable crop in the Canadian Province. Per the article, hemp was grown in parts of Canada since the 1600s as a cash crop, providing the British Navy with material for rope and sails. Years later, doctors praised extracts of the plant for positive effects in treating medical conditions. However, Canada prohibited cannabis in the 1920s, along with other…

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TuesdayJul 10, 2018 10:37 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Appoints New Director of Sales

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced the appointment of Aussie Jiwani to the company’s management team as Director of Sales. Jiwani will be a vital member of the Choom team as the company continues to advance toward being a top cannabis retailer for the recreational market in Canada. "We are thrilled to bring Mr. Jiwani on board as we continue to grow and strengthen our position in the recreational cannabis market coming this October. Mr. Jiwani brings an abundance of knowledge and experience in respect to the sale and retail of…

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TuesdayJul 10, 2018 10:08 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Plans to Spin Out and List Canadian Assets

Sunniva (CSE: SNN) (OTCQX: SNNVF), a vertically integrated cannabis company, this morning announced that it plans to spin out its Canadian assets into a separate Canadian entity and to apply to list the shares on the Toronto Stock Exchange (“TSX”) and the NASDAQ Stock Market (“NASDAQ”). Per the update, the purpose of the transaction is to attain the underlying value of Sunniva’s assets on both sides of the border. Upon completion of the spinout transaction, which is subject to various conditions such as shareholder and exchange approval, Canadian assets would include Sunniva Medical Inc. (“SMI”), which is currently building the…

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