Breaks Categories: News

TuesdayJun 05, 2018 9:29 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Agreement for $25M Bought Deal Financing

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that it has entered into an engagement letter with Canaccord Genuity Corp., acting as co-lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including co-lead underwriter PI Financial Corp. and Mackie Research Capital Corporation, pursuant to which the underwriters have agreed to purchase 3.91 million special warrants of The Green Organic Dutchman, on an bought deal basis, at a price per special warrant of $6.40 for aggregate gross proceeds of approximately $25 million. Per the update, the offering is…

Continue Reading

MondayJun 04, 2018 11:54 am

CannabisNewsBreaks – FinCanna Capital Corp.’s (CSE: CALI) (OTCQB: FNNZF) First Investment in California Secures Distribution to Ten Dispensaries

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning provided an update regarding its first investment in California, Cultivation Technologies, Inc. (“CTI”). Per the update, CTI has secured distribution of its Coachella™ Premium brand of cannabis concentrates and vape cartridges to ten dispensaries throughout California. “We are very pleased with the growth and expansion of the Coachella™ Premium brand throughout California and are impressed with the quality of dispensaries that are selling the products. Concentrate and Vape sales generate high margin revenue for FinCanna and its shareholders,” FinCanna Capital President and…

Continue Reading

FridayJun 01, 2018 9:23 am

CannabisNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Acquires Equity Interest in Cash Crop Today Media, LLC

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that it has entered a purchase agreement with Cash Crop Today Media, LLC (“CCT”) to acquire a 50% equity interest in CCT. Per the terms of the agreement, Global Hemp Group will pay a total of $150,000 for its 50% interest in CCT, comprised of a cash payment of $60,000 and the issuance of 600,000 common shares to be delivered to CCT within 15 days of closing. The issued shares are subject to a customary one-year hold period. “Founder Dave Hill has been…

Continue Reading

ThursdayMay 31, 2018 12:18 pm

CannabisNewsBreaks – Aphria Inc. (TSX: APH) (OTC: APHQF) Engages Great North Distributors, Inc.

Aphria (TSX: APH) (OTC: APHQF) recently announced that it has signed an agreement to engage Great North Distributors, Inc. as the exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada following the anticipated legalization of recreational cannabis. Great North Distributors will provide Aphria total coverage of all cannabis retailers throughout Canada beginning on the first day of legalization. “Aphria is committed to being the premier cannabis company in Canada and around the world, and this strategic relationship brings us one step closer to reaching our goal,” Aphria CEO Vic Neufeld stated in the news release. “We’re delighted to have…

Continue Reading

ThursdayMay 31, 2018 12:14 pm

CannabisNewsBreaks – Isodiol International Inc. (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) Inks LOI with Sundial Growers Inc.

Global CBD innovator Isodiol International (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) recently announced that, subject to applicable regulatory approvals, it has signed a Letter of Intent (“LOI”) with Sundial Growers Inc. to import CBD isolate into Canada. Sundial Growers is a privately held Health Canada Access to Cannabis for Medical Purposes Regulations (“ACMPR”) licensed producer and currently operates a 31,000 square foot production facility in Rocky View, Alberta. Per the terms of the agreement, CBD will be imported into Canada through a Health Canada approved Licensed Dealer. Isodiol and Sundial aim to execute a Definitive Supply Agreement which will also be subject to…

Continue Reading

ThursdayMay 31, 2018 9:57 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Outlines Plans to Create Two Wholly Owned Subsidiaries

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced its intention to create two wholly owned subsidiaries to hold specific intellectual property. The first subsidiary will hold IP related to the improved processing and combustion-free delivery of nicotine and nicotine analogs, while the second subsidiary will hold IP related to the delivery of non-steroidal anti-inflammatory drugs, phosphodiesterase inhibitors and other active pharmaceutical ingredients. Per the update, this proposed structure, which is subject to ongoing legal and tax analysis, more suitably reflects the distinct customer bases and business applications for each subsidiary, allowing the company to…

Continue Reading

ThursdayMay 31, 2018 9:56 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Inks Option Agreement to Acquire Licensing Rights to TriVair™ Drug Delivery System

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it has signed an option agreement with IP Med Inc. to obtain an exclusive worldwide license for Trivair™ Nasal and Pulmonary Breath-Propelled Drug Delivery Systems™ for the delivery of Pivot's patented Ready-To-Infuse-Cannabis ("RTIC") cannabinoid products. The option expires in six months during which time Pivot will determine compatibility with its RTIC powder formulations and decide whether to enter into a definitive licensing agreement. "Pivot continues to grow its portfolio of patented technologies specifically for the formulation and delivery of cannabinoids. We are very excited about the unique…

Continue Reading

WednesdayMay 30, 2018 11:37 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Hosts Grand Opening of New Medical Cannabis Clinic Location

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Natural Health Services Ltd. (“NHS”), is holding an open house for media and the public today at the grand opening of its clinic located at 7900 Anchor Drive in Windsor, Ontario. NHS clinics are staffed by physicians, nurses, educators and patient care representatives that provide consultations, medical cannabis education and introductions to the products and strains available through licensed producers throughout Canada. "Consumers are increasingly turning to cannabis for relief from a broad range of medical conditions," Natural Health Services president Dan Vass stated…

Continue Reading

WednesdayMay 30, 2018 10:46 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Issue 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 125-acre industrial hemp project in northeast New Brunswick. Per the release, planting of seeds on the first 77 acres of the project will be completed this week, and the remaining 48 acres will be seeded over the next two weeks, following reception of applicable soil test results aimed at determining fertilizer requirements. The Department of Aquaculture, Agriculture and Fisheries will be conducting fertility trials on reserved plots and will contribute fertilizers to…

Continue Reading

WednesdayMay 30, 2018 9:50 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Inks Manufacturing Agreement with Bio V Pharma Inc.

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it has signed an exclusive contract manufacturing agreement with Bio V Pharma Inc. ("BioV"). Per the agreement, BioV, a Quebec-based full-service manufacturer of pharmaceutical and nutraceutical products, will manufacture, label, package and supply Pivot's entire bio-cannabis suite of products. In addition, Pivot has engaged Cannabis Compliance Inc. to apply to Health Canada for a Dealer's License under the Controlled Drugs and Substances Act and the Narcotic Control Regulations. A Dealer's License would enable the company to perform research and development, process natural health products, store cannabis derivatives,…

Continue Reading