Breaks Categories: News

TuesdayApr 20, 2021 1:38 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Announces Completion of Groundbreaking Study on CBG Use on Skin

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates, has completed a series of studies evaluating the safety and anti-inflammatory, anti-aging, and antimicrobial properties of its cannabigerol (“CBG”) when used on skin. The studies were conducted in collaboration with Signum Biosciences Inc., Willow’s development partner. The company announced that the studies show that Willow CBG is safe and effective when used on the skin and around the eye area; data indicates the ingredient can act as a more potent antioxidant and anti-inflammatory for certain skin applications than…

Continue Reading

TuesdayApr 20, 2021 9:52 am

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Announces Appointment of New Global Positions

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator focused on next-generation drug delivery, diagnostic and new active pharmaceutical ingredient investment opportunities, has appointed two new positions at XP Diagnostics GmbH, its wholly owned German subsidiary. Wolfgang Probst will serve as the company’s new chief operations officer and Manfred Buchberger will be the new head of corporate development. An experienced management and finance consultant with impressive exposure to mergers and acquisitions, corporate re-organizations, and divestitures, Probst has a proven track record of leadership, strategic planning and organizational restructuring. In his new position, he will be responsible for managing the company's…

Continue Reading

FridayApr 16, 2021 9:57 am

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Plan to Release Q4, FY 2020 Report

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating under Chalice Brands Ltd., a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, will release its financial report for fourth-quarter and fiscal year 2020 on Tuesday, April 27, 2021. In conjunction with the release, the company has also scheduled an investor conference call. The call, which is slated to begin April 27, 2021, at 4:30 p.m. EDT, will be hosted by GLDFF executive chair John Varghese and CEO Jeff Yapp, who will report the company’s financial results for the year ended Dec. 31, 2020. Participants can call 1-877-407-0784 from the…

Continue Reading

WednesdayApr 14, 2021 2:30 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces CEFCO Partnership in Continued C-Store Expansion

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, has announced its latest partnership with CEFCO Convenience Stores. According to the update, CEFCO is now selling Alkaline88’s single-serve products in more than 200 high-volume stores across six states. “Adding CEFCO as a customer is a big step in our continued convenience store expansion,” said Ricky Wright, president and CEO of The Alkaline Water Company. “Developing significant partnerships and adding key customers such as CEFCO will allow us to further grow our c-store footprint in addition to expanding distribution of our single-serve products. The continued…

Continue Reading

WednesdayApr 14, 2021 12:21 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Prepares to Commence Retail Sales of Gummie Products

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, today announced that it has commenced production on approximately 50,000 Pure Chews edible gummie packs. Demand for these types of products is strong in the four provinces (British Columbia, Alberta, Saskatchewan and Ontario) that Pure Extracts is targeting for its retail launch, with approximately $200,000 in revenue estimates associated with this batch. All Pure Chews SKUs, including the 10 mg THC packs of Fire Burst, Strawberry and Mango, utilize a proprietary manufacturing system licensed from…

Continue Reading

FridayApr 09, 2021 10:56 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Limited-Edition Hash-Based Gummies, Announces Virtual Launch Event

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has unveiled a new product line: PLUS Hash Gummies. The new product is available for a limited time and was released in partnership with Biscotti Brands, a premium hash brand. The orange-blossom-flavored new gummies are infused with cold water hash extracted from the miracle alien cookies (“MAC”) flower, a hybrid strain of hash recognized for its relaxing and uplifting impact. Each PLUS Hash gummy contains 10mg of THC. The gummies will be available at a limited number of California dispensaries and will be available online.…

Continue Reading

ThursdayApr 08, 2021 1:25 pm

CannabisNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Closes on Majority Ownership of Plant-Based CBD Skincare Brand

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has closed on the purchase of its majority ownership in Fifth & Root Inc., a California-based, nationally recognized CBD skin-care brand. Fifth & Root noted that it hopes the move will allow the company to provide innovative CBD products nationwide through the largest and best beauty retail partners in the country. The purchase agreement noted that GLDFF will pay total consideration of up to $1,687,500 for 80% ownership of Fifth & Root. The consideration will consist of $250,000 cash payment…

Continue Reading

ThursdayApr 08, 2021 10:11 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Q4, FY 2020 Audited Financial Report

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has released audited financial and operational results for fourth-quarter and fiscal year periods ending Dec. 31, 2020. Financial highlights from the report include an increase in gross profits of 104% in 2020, totaling $5.6 million in 2020 compared to $2.8 million in 2019; cash balance of $11.6 million; an increase in net revenues of 15% from 2019, with 2020 totals reaching $15.9 million; and a 67% improvement in operating costs. The company also noted several key new product launches throughout the year, including the…

Continue Reading

ThursdayApr 08, 2021 10:00 am

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Plans to Launch 1st US Initiative into Dynamic Michigan Market

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, today announced its entry into a letter of intent (“LOI”) with the affiliate of a publicly traded multistate operator (“MSO”) to form a joint venture (the “JV”) to install a cannabis and hemp extraction system in an existing Michigan facility. According to the update, the MSO has a long history of success in Oregon, offering a family of products that include sun-grown and indoor premium flower, along with patented nitro-sealed indoor and sun-grown pre-rolls and…

Continue Reading

WednesdayApr 07, 2021 12:56 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces New Partnership in Continued C-Store Expansion

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the nation’s largest independent alkaline water company, has announced its latest partnership with CEFCO Convenience Stores, which will now offer Alkaline88’s single-serve products in more than 200 high-volume stores across six states. “Adding CEFCO as a customer is a big step in our continued convenience store expansion,” says Ricky Wright, president and CEO of The Alkaline Water Company. “Developing significant partnerships and adding key customers such as CEFCO will allow us to further grow our c-store footprint in addition to expanding distribution of our single-serve products. The continued C-store growth we are…

Continue Reading