Breaks Categories: News

ThursdayMay 17, 2018 11:32 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Shareholders Approve Proposed Forward Stock Split

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that during its annual general and special meeting of shareholders on May 14, 2018, the proposed forward stock split of PreveCeutical's issued and outstanding common shares on the basis of five new common shares for each one existing common share was approved by the company’s shareholders. Subject to approval by the Canadian Securities Exchange, the record date for the stock split will be May 24, 2018. On or about May 30, 2018, the company's transfer agent will issue the additional number of common shares to…

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ThursdayMay 17, 2018 10:19 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Enters Manufacturing and Supply Agreement in California

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned California subsidiary, Pivot Naturals, LLC, has signed a definitive manufacturing and supply agreement with Stoney LLC, a leading brand of cannabis products in the state of California. Per the terms of the agreement, Stoney has agreed to purchase Pivot’s suite of Ready-To-Infuse-Cannabis (“RTIC”) powderized products, including formulated capsules for targeted effects, bulk powder for baking additives, single serve stick packs and pet food supplements. Order quantities will be determined in rolling 30-day periods commencing in 2018. “I am thrilled to execute our…

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ThursdayMay 17, 2018 9:27 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Forms Board of Advisors

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning named key executives that it has appointed to its Board of Advisors to help drive the brand into Canada's promising recreational marijuana market. Per the update, the newly-appointed advisors are Derek Chan, John Heaney and Bobby Black. "These individuals bring a wealth of knowledge and experience from a variety of industries. Our ability to attract this phenomenal talent is a testament to Choom's vision and strategic plan as we launch our brand in Canada's recreational use cannabis segment. As we rapidly execute our business model we have…

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TuesdayMay 15, 2018 12:39 pm

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

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) and joint venture partner Marijuana Company of America, Inc. (OTC: MCOA) this morning provided an update on the partner’s CBD hemp farming project in Scio, Oregon. Among other highlights, the companies said that garden operations are ongoing at the farm, the initial nursery and propagation rooms has been expanded to an additional attached greenhouse to produce clones for planting in the current season, and an additional 20,000 high yielding CBD hemp clones are being purchased to meet the early June targeted planting schedule. The companies have…

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TuesdayMay 15, 2018 10:44 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) to Present at the Canaccord Genuity Cannabis Conference

Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that the company’s president, Leith Pedersen, will be presenting at the 2nd annual Canaccord Genuity Cannabis Conference taking place at the Westin Grand Central in New York, New York on May 17, 2018 at 11:20 am ET. Pedersen’s presentation will cover the company’s growth strategy, including its recent strategic acquisition of land and start of construction for the Sunniva Canada Campus. The presentation will be broadcasted live and available for 90 days following the conference at http://cnw.fm/9mEF1. To view the full press release, visit http://cnw.fm/naKV1 About Sunniva Inc. Sunniva, through its subsidiaries,…

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TuesdayMay 15, 2018 10:13 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Posts Shareholder Update

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning provided an update to shareholders regarding the current state of the company. Among other highlights, the update included an overview of Pivot’s plans to generate value for the company and shareholders. "As a business, we see a glaring demand for differentiated products and solutions, backed by proven technologies, that match the vast needs of medicinal and recreational consumers outside of the dried flower segment. We will capitalize on this segment of the market and we are working towards building a sustainable, long-term business with the ultimate goal of delivering value…

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TuesdayMay 15, 2018 9:48 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Increases Footprint in Western Canada with Eight Additional Retail Opportunities

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 eight retail locations in Alberta, increasing its total to 17 applications in the approval process with the Alberta Gaming and Liquor Commission (“AGLC”). “Our goal is to secure significant market share where private cannabis retail stores are permitted. Increasing our footprint in Western Canada naturally strengthens our reach to consumers,” Chris Bogart, president and CEO of Choom, stated in the news release. “With the coming recreational cannabis market, ensuring an elevated customer experience and positive initial…

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TuesdayMay 15, 2018 9:25 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Receives Supplemental License from Health Canada to Produce Cannabis Oils

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) this morning announced that as of April 20, 2018, it has been granted a supplemental license from Health Canada to produce cannabis oils. Using a supercritical CO2 extraction system, the company produces its ultra-pure, environmentally friendly, organic cannabis oils. This extraction system is capable of processing up to 6,600 kg of cannabis oil per year. “This license is instrumental in driving our research & development forward through product innovation, discovery of novel traits, and expanding our intellectual property portfolio. With over 125 years of consumer packaged goods experience,…

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MondayMay 14, 2018 11:17 am

CannabisNewsBreaks – Xanthic Biopharma Inc. (CSE: xTHC) Inks LOI with Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) for Production, Distribution of CBD-infused Powders

Xanthic Biopharma (CSE: xTHC) recently announced that it has entered into a binding Letter of Intent ("LOI") with Nutritional High International (CSE: EAT) (OTCQB: SPLIF) for the production and distribution of Xanthic branded water-soluble cannabis-infused powders in California. Per the agreement, Nutritional High's Californian subsidiaries, Pasa Verde and Calyx, will distribute Xanthic's cannabis-infused powder products. "The Xanthic team is thrilled to advance our strategic relationship with Nutritional High in California. By utilizing the Nutritional High's vertically integrated network, Xanthic will be able to exploit the significant market opportunity represented by the state of California. This new agreement provides value to…

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MondayMay 14, 2018 10:05 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Arrival of Dried Cannabis Materials for Research Program

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the arrival of its second shipment of dried cannabis materials at the Pharmacy Australia Centre of Excellence (“PACE”) at the University of Queensland. Per the update, the shipment came from PreveCeutical’s partner, a Canadian licensed producer. Moving forward, the cannabis materials will be used for the company’s soluble gel (“Sol-gel”) drug delivery research program. The program, which is being led by PreveCeutical Chief Research Officer Dr. Harendra Parekh and conducted by the University of Queensland, involves testing an array of cannabis strains for the development…

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