Breaks Categories: News

TuesdayJul 10, 2018 9:33 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Executes Expanded Royalty Agreement with Refined Resin Technologies Inc.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has executed an expanded royalty agreement with Refined Resin Technologies Inc., formerly known as Gram Co Holdings LLC, of Oakland, California. Per the terms of the agreement, FinCanna will fund $3 million in tranches to complete the original royalty agreement transaction that was previously announced under a binding term sheet in February 2018. In return, the company will receive a tiered corporate royalty ranging from five to 14 percent of Refined Resin’s annual revenues, based upon predetermined benchmarks.…

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MondayJul 09, 2018 9:18 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Posts Letter to Shareholders

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued a letter to shareholders detailing the company’s vision under its new CEO, Brian Athaide. Among other highlights, the release discussed the company’s recent activities including the company’s retail first approach, strategic hires, expansion, exclusive licensing deals, entrance into international markets and TGOD’s organic differentiation. As an organic cannabis brand, the company remains committed to sustainability and reducing its carbon footprint by developing some of the most advanced, automated hybrid facilities in existence, helping produce the highest quality cannabis for the lowest cost. Per…

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ThursdayJul 05, 2018 9:18 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Secures Agreement to Supply the Alberta Retail Cannabis Market

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products. Per the terms of the agreement, the company will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market scheduled to commence on October 17, 2018. "Signing the supply agreement with ABcann will enable the AGLC to ensure that adult-use customers in Alberta will have access to ABcann’s premium branded cannabis products,'' ABcann Global CEO Barry Fishman stated…

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MondayJul 02, 2018 9:24 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Names New CEO, Interim CFO

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced the resignation of CEO, Co-Chairman & Director, Robert Anderson, effective immediately, due to health concerns. The board has appointed the company’s current CFO, Brian Athaide, as CEO to ensure a well-ordered transition and continued execution of the company’s business strategy. The board appointed VP of Finance, Julia Golubovskaya, as interim CFO. Jeff Scott, presently actitng as Co-Chair, will undertake the role of Chairman of the Board. “I feel privileged to take on this new role as CEO and ensure the company delivers on…

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FridayJun 29, 2018 12:40 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Closes Oversubscribed Private Placement

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the closing of its oversubscribed non-brokered private placement financing, which was previously detailed on April 9, 2018. Per the update, a total of 130,779,750 units were issued under the financing at a price of $0.05 per unit for total gross proceeds of more than $6.5 million. “I am very pleased to announce this oversubscribed placement due to investor demand in our financing and see this as a strong endorsement of the quality of our research programs and management team,” Stephen Van Deventer, chairman, CEO and…

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FridayJun 29, 2018 9:33 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Adds Prem Virmani as Chair of Beverage Science and Research Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that Prem Virmani, former senior vice president of global science and research for Cott Beverages, Inc., has been appointed Chair of TGOD’s Beverage Science and Research Division. Per the update, Virmani has over four decades of applicable industry experience, leading development in every major category, including the Sam’s Choice cola program for Walmart, the President’s Choice cola program for Loblaws and other major private label brands for Publix, Wegmans and Safeway. “I am delighted that Prem has joined the TGOD Leadership team,”…

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FridayJun 29, 2018 9:27 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files New Patent Application Following Breakthrough Discovery of Enhanced Drug Delivery to Brain Tissue

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has filed a new patent application with the United States Patent and Trademark Office ("USPTO") for innovation in treatment options related to central nervous system disease or disorders including viral infection, cancer, neurodegenerative disorders, ADHD, anxiety, depression, OCD, schizophrenia, Alzheimer's, Huntington's, Parkinson's, neuropathic pain and more. The company reached a breakthrough discovery during recent laboratory testing that demonstrated significantly enhanced drug delivery to brain tissue. Evidence from the study showed unexpected effectiveness in crossing the blood-brain barrier ("BBB") which Lexaria is investigating more extensively, leading to the company's…

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WednesdayJun 27, 2018 9:37 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters European Market through JV Agreement in Denmark

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a letter of intent for a 50/50 joint venture with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”), which is based in Hinnerup, Denmark. Per the update, the joint venture will initially consist of a 200,000 sq. ft. cannabis production facility located within Knud Jepsen’s 1.3 million sq. ft. state-of-the-art automated greenhouses in Denmark. Through this facility, TGOD will have an opportunity to increase its total organic funded capacity by roughly 25,000 kg. “We are very excited about entering the European…

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WednesdayJun 27, 2018 9:24 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) to File IND, CTA with Health Authorities to Conduct Human Trials of PVT-005 in US and Canada

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it will file an Investigational New Drug (“IND”) application with the U.S. Food and Drug Administration (“FDA”) and Clinical Trial Application (“CTA”) with Health Canada to begin human clinical trials of its pharmaceutical drug candidate for the treatment of Female Hypoactive Sexual Desire Disorder (“HSDD”), PVT-005. Pivot will employ its drug formulation and delivery platform technologies to develop a topical cream containing cannabinoids for perimenopausal, menopausal and post-menopausal women who have observed a decline in sexual desire and response. "In vitro results from our contract research laboratory indicated…

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TuesdayJun 26, 2018 10:00 am

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

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced its appointment of Kyp Rowe as its new director of operations. Per the update, Rowe will play a key role in Choom’s strategic development moving forward, leading the company’s premium craft cannabis cultivation strategy in support of its retail roll-out for the Canadian recreational market. “Bringing Kyp onboard significantly strengthens our team as we continue to prepare for when the Canadian recreational cannabis market commences on October 17, 2018,” Chris Bogart, president and CEO of Choom, stated in the news release. “Kyp brings over 20…

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