Breaks Categories: News

FridayJun 22, 2018 9:52 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Details Plans for Additional Cannabis Production Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its decision to add a 287,245 sq. ft. purpose-built facility on its Valleyfield property capable of producing 40,000 kg of premium organic cannabis. Per the update, this new facility will be dedicated to the company’s beverage division, and it will increase TGOD’s fully-funded capacity to 170,000 kg. TGOD intends to use excess cash raised in its IPO and subsequent bought deal financings to fund the construction of this new facility. “With the legalization of cannabis announced on June 20th, and Premier Justin…

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ThursdayJun 21, 2018 1:47 pm

CannabisNewsBreaks – Aphria Inc. (TSX: APH) (OTC: APHQF) Subsidiary Obtains First Cannabis Import License Issued by the Malta Medicines Authority

Aphria Inc. (TSX: APH) (OTC: APHQF) recently announced that its Malta-based subsidiary, ASG Pharma ("ASG"), has received the first import license for medical cannabis issued by the Malta Medicines Authority. The license enables ASG, a high-capacity EU GMP-certified lab, to import medical cannabis for analytical testing and research. The receipt of the license marks a significant milestone for the company, positioning ASG at the forefront of testing, research and development of medical cannabis in Europe. "Our EU GMP-certified lab in Malta will not only be a leading European center for R&D and testing, but also will provide a gateway to…

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ThursdayJun 21, 2018 9:47 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Post Update on New Brunswick Project

Marijuana Company of America Inc. (OTC: MCOA) and joint venture partner Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning posted an update on their hemp project in northeast New Brunswick. Per the update, the companies recently completed the planting of 125 acres of industrial hemp at the project location and were awarded a grant of $10,750 from the New Brunswick Department of Aquaculture, Agriculture and Fisheries (“DAAF”) to support demonstration projects it will undertake during the current cropping season. The grant will be used to study the impact of the European Corn Borer (“ECB”) on the…

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WednesdayJun 20, 2018 12:12 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Highlighted in Cannabis Industry Report by JGR Capital

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) was recently highlighted alongside other cannabis-focused businesses in a Cannabis Industry Report for the week of June 11th by JGR Capital, a New York-based equity research firm. The report covered the company’s recent up-listing to the OTCQX® Best Market, which it began trading on under the symbol “TGODF” on June 14, 2018. Among other highlights, the report also covers Canopy Growth Corporation’s (TSX: WEED) (NYSE: CGC) offering of convertible senior notes; Maricann Group’s (CSE: MARI) (OTCQB: MRRCF) update regarding the acquirement of a cannabis license…

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TuesdayJun 19, 2018 10:13 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Surpasses 15,000 Active Patients

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly owned subsidiary Harvest Medicine Inc., this morning announced that it has surpassed 15,000 active patients in under 18 months of operation. “Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” Shekhar Parmar, CEO of Harvest Medicine, stated in the news release. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.” Per the update, Harvest Medicine, one of Canada’s…

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TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Launches Marketing Program, Attains Multiple Customers in California

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its portfolio investee company, ezGreen Compliance, has launched a pilot marketing program and has attained multiple customers across the State of California. ezGreen Compliance is providing these customers, consisting of licensed medical dispensaries and cultivators, with its advanced enterprise compliance and point-of-sale (“POS”) software solution. The pilot program customers are currently using ezGreen’s Health Insurance Portability and Accountability Act (“HIPAA”) Compliance POS Solution and inventory tracking system. The system enables users to comply with both the HIPAA and State Laws…

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TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Secures 10 More Cannabis Retail Opportunities in Alberta and British Columbia

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional seven cannabis retail locations in Alberta, as well as three additional retail licenses in British Columbia. To date, the company has secured 25 cannabis leases in highly strategic and secure locations throughout Alberta and 10 retail opportunities in British Columbia. “This is a significant step towards establishing Choom's strategy to be a leading private cannabis retailer in Canada,” Chris Bogart, president and CEO of Choom, stated in the news release. “Market share and customer acquisition in…

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MondayJun 18, 2018 12:27 pm

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Engages NetworkNewsWire for Corporate Communications Solutions

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW"). FinCanna is a royalty company with a primary focus on the flourishing California cannabis market. The company leverages its broad investment expertise and industry experience to bring value to its shareholders and portfolio companies. As part of the Client-Partner relationship with FinCanna Capital Corp., NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the full…

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MondayJun 18, 2018 9:31 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Closes Okanagan Falls Property Purchase

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Sunniva Medical Inc. ("SMI"), has closed the purchase of a 126-acre industrial zoned property in Okanagan Falls, BC. The Sunniva Canada Campus, a facility designed to be a 740,000 sq. ft. Good Manufacturing Practice ("cGMP") compliant greenhouse, will be located on the newly purchased property. The total consideration of $7 million for the purchase is comprised of a $3.5 million cash payment with the remainder paid through a vendor take back mortgage financing ("VTBMF").  The VTBMF is for a one-year term with an…

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MondayJun 18, 2018 9:30 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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