Breaks Categories: News

TuesdayJun 12, 2018 2:39 pm

CannabisNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Applauds Passing of Bill C-45

Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) recently commented on the Canadian Senate's historic vote in favor of Bill C-45, which governs the legalization of adult consumer use of cannabis. “We applaud the government's intelligent and rational public policy, initiating wholesale legislative changes - focused on clearly defined objectives - to reduce the negative impact of prohibition, while establishing a well-regulated system designed to protect public health and public safety. We must also salute and congratulate the advocates, the activists and the passionate who for decades, and often at great personal risk, spoke up, sat in, appealed laws, wrote new…

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TuesdayJun 12, 2018 9:41 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Cali Gold

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that wholly owned subsidiary CP Logistics, LLC, through its Sun-Oil Facility, has secured an additional contract with Cali Gold, a leading and legacy California cannabis brand. Per the terms of the agreement, the Sun-Oil Facility will provide Cali Gold with high quality, ultra-purified manufactured distilled oil products to be utilized within vaporization cartridges. The agreement has an initial term of 12 months and can be renewed for an additional 12 months, at the request of Cali Gold, following expiry of the initial term. “We are very excited…

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MondayJun 11, 2018 9:28 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Subsidiary Obtains Health Canada Cultivation License for Breeding Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that Medican Organic Inc., the company’s wholly-owned subsidiary, has received its Cultivation License from Health Canada for the company’s breeding facility in Salaberry-de-Valleyfield, Quebec (“Valleyfield”). The facility will enable TGOD to create proprietary, organically grown strains of cannabis and cannabis seeds. “TGOD’s focus on R&D in the area of breeding and plant genetics will further position the Company as a global industry leader. This technology will enable the Company to produce its own high quality organic cannabis seeds and starting material, which…

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FridayJun 08, 2018 10:08 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Praises Passing of Bill C-45

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning commended the passing of Bill C-45 by the Canadian Senate. "This is an exciting day for the Cannabis industry in Canada. Legalization is now officially on the horizon, and while some might think they have seen the crest of the cannabis wave that has been building for years, Choom™ recognizes that we've just started paddling into a wave that will build momentum now that legalization is in place. In every major market- Colorado, Washington, California- we've seen adult-use grow year over year by double digits. Choom™ sees…

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FridayJun 08, 2018 9:45 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Leading California Cannabis Brand

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, CP Logistics, LLC (the “Sun-Oil Facility”), has secured an extraction contract with Farmacy Phactory, a leading California cannabis brand. “This is a significant milestone as it establishes Sunniva as a trusted manufacturer of clean, high quality extracted products and reliable hardware to support the vibrant California extraction market place,” Dr. Anthony Holler, CEO of Sunniva, stated in the news release. “The operational Sun-Oil Facility, located one mile from the Sunniva California Campus in Cathedral City, will produce over 600,000 filled vaporization cartridges…

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ThursdayJun 07, 2018 12:03 pm

CannabisNewsBreaks – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) Selected to Operate a Cannabis Retail Store in Saskatchewan

Beleave (CSE:  BE) (OTCQX:  BLEVF) recently announced that it has been selected to operate one of Saskatchewan's upcoming cannabis retail stores through a two-phase Request for Proposal ("RFP") process that began in March. Beleave successfully passed the first phase, which was comprised of a screening for qualifications regarding financial and sales/inventory tracking systems. The second phase of the process was a lottery draw to choose from the successful operators. Retail cannabis stores in Saskatchewan are required to be standalone operations, selling only cannabis, cannabis accessories and ancillary items as defined by Saskatchewan Liquor and Gaming Authority ("SLGA"). The company has…

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ThursdayJun 07, 2018 10:31 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Announces $1M Revenue Milestone for Cultivation Technologies Inc.

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 achieved $1 million in cumulative revenue since it commenced operations in late January 2018. “We are very pleased to see the sales performance of CTI which has translated into its first US$1 million in revenue at only a fraction of its capacity,” Andriyko Herchak, president and CEO of FinCanna Capital, stated in the news release. “With its sales team in place building out an ever-expanding distribution footprint, and it’s…

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ThursdayJun 07, 2018 9:29 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Results of Annual General Meeting

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the results of its annual general and special meeting of shareholders that took place on June 5, 2018. During the meeting, shareholders of the company voted on and approved the following resolutions: re-appointing MNP LLP, Chartered Accountants, as auditor of the company for the 2018 fiscal year; fixing the number of directors of the company at six; the election of directors; the ratification and approval of the company’s 2017 Stock Option Plan; and the approval of a future name change of the company, to be decided by the company’s board…

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WednesdayJun 06, 2018 9:40 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Launch of Global Beverage Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced the launch of a global division focused on the beverage industry. Per the update, the company’s senior management team boasts over 125 years of combined beverage industry experience, including time with both international soft drink and alcoholic beverage companies in Canada and the United States. TGOD intends to leverage this experience to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities. As part of a $55 million R&D…

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TuesdayJun 05, 2018 10:25 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Engagement of Stadnyk & Partners

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement with Stadnyk & Partners whereby PreveCeutical will engage Stadnyk & Partners to provide market awareness and strategic advisory services to the company. Per the terms of the agreement, Stadnyk & Partners will provide market awareness services to the company throughout the initial 12-month term of the agreement in exchange for two million stock options, each of which will be exercisable to acquire one common share in the capital of PreveCeutical for $0.08 per share for a period of 24 months.…

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