Breaks Categories: News

MondayMay 24, 2021 9:38 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Announces Distribution Agreement to Expand TRACE Products

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness, beverage and natural products company, has finalized an agreement with Benefit Holdings LLC, dba Benefit Brand Management. Benefit Brand Management is a leading brand management company, and the contracts calls for Benefit to distribute BevCanna’s line of TRACE-branded products to U.S. retailers, starting in New York and Chicago, and also including the state of California. The contract will be enacted through BevCanna’s previously announced agreement with Riviera Beverages and is designed to speed up the expansion of the Naturo Group portfolio of market-leading ancient organic mineral beverages. Active…

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FridayMay 21, 2021 11:13 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Announces Shareholder Approval of Deferred Conversion Date of Preferred Shares

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) today announced the results of the special meeting of the holders of common shares and the Series 2 convertible preferred shares and a class meeting of the holders of the Series 2 convertible preferred shares. At the meeting, shareholders representing 99.62% of the votes cast attached to the common shares and the Series 2 preferred convertible shares, as well as 98.44% of the votes cast attached to the series 2 convertible preferred shares, voted to approve a special resolution authorizing the company to alter its articles to, in effect, change the…

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FridayMay 21, 2021 10:20 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Announces Strong Demand for White-Label Beverage Operations

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its forecasted wholesale white-label revenue of approximately $2.4 million and gross profit of approximately $0.63 million. The projected revenue is based on the annual minimum order quantities (“MOQs”) for both BevCanna’s Canadian cannabis beverages and its Naturo Group traditional white-label beverage operations for the rolling 12 months starting in July 2021. The list includes the company’s committed queue of orders and does not include contracts that are under negotiation or yet to be finalized. “We’re thrilled with the progress…

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FridayMay 21, 2021 9:28 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces White Label Agreement with BC-Based FLO Brands

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has signed a customer manufacturing/white label agreement through its wholly owned subsidiary, Pure Extracts Manufacturing Corp. The agreement, which is with boutique brand house FLO Brands Inc., involves a partnership to launch a line of cannabis vape products. FLO Brands is dedicated to creating state-of-the-art, cannabis-based products using BC’s finest genetics. The agreement between Pure Extracts and FLO Brands outlines the initial production of 3 SKUs of 0.5 gram, 510 vape cartridges. These exclusive products will…

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ThursdayMay 20, 2021 3:26 pm

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) Enters Agreement to Infuse Products with Game-Changing Emulsion Technology

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its entry into a cannabis supply agreement with ABcann Medicinals Inc., a wholly owned subsidiary of VIVO Cannabis Inc. (TSX: VIVO), to infuse Vertosa cannabis emulsions into select BevCanna in-house and white-label products. This will include infusions into the Keef Brands line that BevCanna will launch in Canada this summer. “This emulsion technology will be game-changing in its ability to accelerate onset time and enhance the sensory experience of our cannabis-infused beverages, among other benefits,” said Melise Panetta, president…

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ThursdayMay 20, 2021 10:49 am

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Timing of Corporate Name Change, Share Consolidation

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) today announced that, pursuant to the shareholder approval obtained at its annual and special meeting (“AGM”) held on May 10, 2021, the company is enacting the consolidation of its common shares on the basis of one (1) post-consolidation common share for every twenty-three (23) pre-consolidation common shares (the "consolidation"), as well as the change of its name from “Golden Leaf Holdings Ltd.” to “Chalice Brands Ltd.” (the “name change”). According to the update, the consolidation and name change will take effect on Tuesday, May 25, 2021, and the company's common shares will also…

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WednesdayMay 19, 2021 2:20 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Closes Acquisition of Oregon-Based Retail Store Chain

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced the signing of a definitive agreement today, May 19, and concurrent closing of the purchase of 100% ownership in SMS Ventures, LLC, dba Homegrown Oregon, a chain of five retail dispensaries located in Portland, Salem and Albany, Oregon. “Management is excited to combine with Homegrown and fully expects to continue its migration to better valuations for shareholders as we continue to execute our acquisition strategy. As part of our West Coast-focused growth strategy, we…

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TuesdayMay 18, 2021 2:19 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces A88CBD Partnership with Barstool Sports

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has teamed up again with Barstool Sports, a series of network podcasts. As part of the brand partnership, WTER’s A88CBD(TM) line will be featured on eight network podcasts, including Short Porch and Section 10; the brand will also be featured on the social media accounts related to the respective podcasts. WTER’s A88CBD brand sources, produces and refines industry-leading CBD (“CBD”) (cannabidiol) commodities designed to enrich the daily wellness routines of their customers. WTER is committed to creating quality, hemp-derived CBD products, with  CBD sourced from…

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TuesdayMay 18, 2021 10:38 am

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Releases First-Quarter 2021 Financial Report

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), an industry leader in full-spectrum cannabidiol (“CBD”) hemp-extract wellness products and probiotics, announced its Q1 financial results, for the period ended March 31, 2021. Highlights from the report include consolidated revenue for the company totaling $983,496, an increase of 7.6% over the $913,646 reported in fourth-quarter 2020; DTC sales up 59.3% from Q4 2020, totaling $244,255 as compared to $153,305; B2B net revenue decreased 2.8% to $739,241 from 760,341 in fourth-quarter 2020 with international sales, which totaled $75,994, up from no sales in Q4 2020; and gross profit of $280,205, or 28.5%…

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MondayMay 17, 2021 12:15 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) to Release Q1 2021 Financial Report, Shares Corporate Updates

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, announced that it will release its first-quarter 2021 financial results and corporate update on Tuesday, May 25, 2021; the company will release the report before the markets open. In addition, the company has also scheduled an investor phone call for the same day, May 25, to begin at 5 p.m. ET. Golden Leaf executive chair John Varghese and CEO Jeff Yapp will host the call, which will review the financial report. Those interested can dial 1-877-407-0784 in…

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