Breaks Categories: News

TuesdayMay 01, 2018 10:03 am

CannabisNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and Marijuana Company of America, Inc. (MCOA) Acquire Property in Oregon for Hemp Cultivation

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that the company, together with its partner Marijuana Company of America (OTC: MCOA), has acquired a 109-acre agricultural property for the cultivation of high CBD yielding hemp for the approaching 2018 growing season. The Scio, Oregon property contains a high level of organic matter in the soil, ideal for hemp cultivation, and has a history of hemp cultivation over the last two growing seasons. The companies acquired the property for US $1.1 million, which is comprised of a cash down payment of $130,000…

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TuesdayMay 01, 2018 9:28 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Renews Licensing Agreement with Nuka Enterprises

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) recently announced a new licensing agreement with Nuka Enterprises LLC to renew Nuka’s DehydraTECH™ license rights for use in its 1906 brand of cannabis chocolates. Nuka and 1906 have also acquired new rights in product categories in addition to the original chocolate formats, including candies, beverages, capsules and pills, and topical creams. “Nuka’s success with the 1906 brand of cannabis chocolates - recognized for their fast onset times, efficacy, taste and unique formulations – clearly demonstrate the market potential for DehydraTECH™. This comprehensive, long-term relationship between Nuka and Lexaria…

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MondayApr 30, 2018 12:26 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. Increases Units Offered in IPO

The Green Organic Dutchman Holdings Ltd., also known as TGOD, this morning announced that it has filed an amended and restated final long form prospectus to increase its initial public offering (“IPO”) of units of the company in response to the increased investor demand. The company is a producer of high quality, organic cannabis with sustainable, all-natural principles that is licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). TGOD is dedicated to becoming the global leader in delivering organic cannabis solutions while setting the industry standard in sustainability. The company holds a unique position in Canada as…

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FridayApr 27, 2018 11:47 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. Sets Date of IPO on the Toronto Stock Exchange

The Green Organic Dutchman Holdings Ltd., also known as TGOD, recently set the date of its initial public offering (“IPO”), as well as its first day of trading under the symbols “TGOD” and “TGOD.WT” on the Toronto Stock Exchange (“TSX”), for May 2, 2018. The company is a producer of farm grown, organic, pesticide-free medical cannabis that is licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). By leveraging advanced technology and low-cost power solutions, TGOD is uniquely positioned as one of the highest quality and most cost-efficient cannabis producers in Canada. To learn more, visit www.tgod.ca. About…

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ThursdayApr 26, 2018 12:03 pm

CannabisNewsBreaks – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) Announces Binding Commitments for $5M Private Placement

Cannabis-focused biotech company Beleave Inc. (CSE: BE) (OTCQX: BLEVF) this morning announced that, in reference to a previously detailed non-brokered private placement, it has received binding commitments for total proceeds of $5 million at a price of $1.75 per unit. Each unit is comprised of one common share of the company and one-half of one common share purchase warrant, valid for a period of 24 months from the date of issuance with an exercise price of $2.25, subject to certain accelerated expiry conditions. “The company is pleased to welcome a new group of investors, bolster the treasury and add to…

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WednesdayApr 25, 2018 9:23 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Definitive License Agreement with GP Holdings LLC.

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has entered a definitive technology licensing agreement with California cannabis beverage manufacturer GP Holdings LLC. Per the agreement, the company will provide its patented DehydraTECH™ technology to enable next-generation performance in high absorption, fast acting cannabis infused beverages to be developed and sold in California. The agreement grants GP five-year semi-exclusive rights to use Lexaria's DehydraTECH™ technology for beverage applications within California for an undisclosed sum and a royalty on revenue generated on the products sold. In addition, GP has also acquired matching rights…

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MondayApr 23, 2018 9:29 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Initiates Human Clinical Study on TurboCBD Capsules; Presenting Breakthrough Nicotine Absorption Study Results

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has commenced a clinical study in Europe that is evaluating the cardiovascular and cognitive health effects of Lexaria's high absorption TurboCBD™ capsules. The data produced by the study will be of significant benefit to the company and its partners, providing objective human performance findings that will support the development of Lexaria’s next-generation cannabinoid product formulations. Results of the study are anticipated within 90 days. In addition, Lexaria also announced that it will be presenting the results of its recent breakthrough nicotine absorption study at…

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ThursdayApr 19, 2018 10:24 am

CannabisNewsBreaks – Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF) and WeedMD, Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE) Enter Agreement to Merge

Canada’s first vertically-integrated cannabis brand house Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), along with WeedMD Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE), this morning announced that the companies have entered into a definitive agreement to merge the two companies. Upon completion of the transaction, existing Hiku and WeedMD shareholders will own roughly 51.75% and 48.25% of the combined company, respectively, on a fully-diluted basis. Common shares of the resulting entity are anticipated to be listed on the TSX Venture Exchange, subject to regulatory approvals. Hiku and WeedMD are hosting a conference call on Friday, April 20, 2018 beginning at 10…

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ThursdayApr 19, 2018 9:42 am

CannabisNewsBreaks – Sunniva Inc. (SNNVF) Announces Plans to Release FY2017 Results on April 24

Vertically integrated medical cannabis company Sunniva Inc. (OTCQX: SNNVF) yesterday announced plans to release its fiscal results for the fourth quarter and year ended December 31, 2017, after market close on Tuesday, April 24, 2018. Per the update, the company’s executive management team will discuss the results during a conference call on Wednesday, April 25, 2018, at 11:30 am Eastern Time. Those interested in participating in this call can dial 1-800-319-4610 or 604-638-5340. An audio replay of the call will also be made available for two weeks following its conclusion. To access this replay, interested parties should dial 1-855-669-9658 or…

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ThursdayApr 19, 2018 9:10 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Agreement to Acquire Island Green Cure Ltd.

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has entered into a definitive agreement to acquire Island Green Cure Ltd. ("IGC"), an advanced-stage cannabis production license applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (“ACMPR”). IGC is currently in the "Confirmation of Readiness Stage" in the application process. Subject to customary closing conditions, the acquisition is anticipated to close at the end of April. "We are excited to secure our second acquisition and increase our total production capacity with another craft growing facility to cultivate Choom's premium handcrafted flower.…

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