Breaks Categories: News

WednesdayApr 07, 2021 10:43 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Completion of Debentures Conversion

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has completed its previously announced debenture conversion. The debenture, which was due on Feb. 28, 2024, was comprised of certain 12% secured debentures. The announcement noted that the debentures were converted following the terms of the first supplemental indenture, which was dated Feb. 25, 2021, and made between Plus Products and the Odyssey Trust Company. Specifically, the debentures were converted into 5,252,631 subordinate voting shares, which were  issued at a conversion price of C$0.95 per share. An additional 20,005 debentures remain outstanding; those debentures,…

Continue Reading

TuesdayApr 06, 2021 11:35 am

CannabisNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTC: RWBYF) Announces Strategic Purchase to Expand Cultivation Capacity

Red White & Bloom Brands (CSE: RWB) (OTC: RWBYF) today reported plans to increase cultivation capacity upon closing of the previously announced definitive agreement to enter the Florida cannabis market. According to the update, RWB has secured 30 double-wide fully enclosed cultivation pods that collectively provide approximately 19,000 square feet of operating space, with 14,400 square feet of canopy. Each unit is specifically designed and outfitted for premium cannabis cultivation. Once online, the units will have production capacity in excess of 7,000 pounds of flower annually and thousands of pounds of trim, with an estimated annual value in excess of…

Continue Reading

ThursdayApr 01, 2021 9:40 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Partners with Eaze to Launch Cannabis Gummy

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in the United States, has announced plans to work with Eaze Technologies (“Eaze”) to launch a co-branded, limited-edition cannabis gummy. Eaze is one of California’s largest delivery marketplaces for legal cannabis with more than 7 million completed deliveries. The partnership will leverage PLUS’s expertise in providing high-quality, consistent and great-tasting edibles to produce the first edible product for the Eaze Circles brand. The planned gummy will be a pink lemonade flavor and will contain 5mg of THC per gummy. According to the announcement, PLUS has been the top-selling edibles brand…

Continue Reading

WednesdayMar 31, 2021 9:59 am

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Completes 1st Commercial Scale Fermentation Run of CBG

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF) today announced its completion of the first commercial scale fermentation run of its first cannabinoid for market, cannabigerol ("CBG"). "We are very pleased with the yield and quality of our first commercial scale fermentation run of CBG," said Trevor Peters, Willow's president and chief executive officer. "I think it is important to take a moment to reflect on all that we have achieved in just under two years as a public company. In this time, we built a world class industrial R&D team, demonstrated proof of concept for production of cannabinoids through fermentation, attracted…

Continue Reading

ThursdayMar 25, 2021 2:49 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces 2nd Major DSD Expansion

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) today announced its latest partnership with Nevada Beverage Company, a Nevada-based direct-store-delivery (“DSD”) distributor. Under the agreement, Nevada Beverage will carry WTER’s full line of smooth-tasting Alkaline88 and A88 Infused flavored waters. “We are pleased to welcome Nevada Beverage Company to our growing DSD network. Nevada Beverage is a leading beverage distributor in Nevada, serving over 2,900 accounts with a territory encompassing 74% of the state population. As a best-in-class DSD provider, the partnership allows our waters to inundate another important market in the Southwest,” said Ricky Wright, president and CEO of…

Continue Reading

WednesdayMar 24, 2021 1:21 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Prepares for Upcoming Retail Launch of Vapes and Gummies

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 purchase of over 500 kg of high-potency dry cannabis flower. The purchase is in preparation for next month’s launch of retail sales of the company’s Pure Pulls vapes and Pure Chews edible gummies. 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, and revenue estimates associated with this shipment are just over $1,000,000. “Q2…

Continue Reading

WednesdayMar 24, 2021 12:12 pm

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Releases Q4 and FY 2020 Financial, Operational Report

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 announced its fourth-quarter and full-year numbers for the period ended Dec. 31, 2020. In the report, Willow noted that it had filed a short form base shelf prospectus that allowed the company to make offerings of securities of up to an aggregate of $50 million. The company also completed an overnight marketed public offering for gross proceeds of $11.5 million, which was upsized by $2.0 million and included the exercise of a 15% overallotment. In addition, Willow inked a deal with…

Continue Reading

TuesdayMar 23, 2021 11:55 am

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Expands Distribution of A88 Infused(TM) and A88CBD(TM) Lifestyle Products

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water and CBD-infused products, today announced new partnerships with three retailers — Gabe’s, Reasor’s Foods and Banner Wholesale Grocers — to carry its A88CBD and A88 Infused products. According to the update, specialty discount retailer Gabe’s will carry its A88CBD 10-pack regular gummies (in multiple flavors) and A88CBD lemon-lime flavored CBD waters across 120 of its high-volume store locations. Reasor’s Foods, a regional grocery store chain in the Southwest, will carry five of its topical products across 20 locations. In addition, Chicago-based Banner Wholesale Grocers now…

Continue Reading

FridayMar 19, 2021 11:33 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Commences Trading on the Frankfurt Stock Exchange

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company, today announced that, effective March 18, 2021, it has commenced trading in Europe. According to the update, the company is now listed under the symbol "4XM" on the Frankfurt Stock Exchange. Pac Roots is also quoted on OTC Markets under the symbol "PACRF" and continues to be listed on the Canadian Securities Exchange ("CSE") under the trading symbol "PACR." President and CEO of Pac Roots, Patrick Elliott, said of the milestone, "With the cannabis industry gaining momentum in Europe, this additional listing will help increase our visibility…

Continue Reading

ThursdayMar 18, 2021 1:44 pm

CannabisNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Order of Cutting-Edge Cosolvent Injection System

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 ordered a state-of-the-art Cosolvent Injection System (“CIS”) from Vitalis Extraction Technology Inc. Pure Extracts will be one of the first companies in the world to receive this innovative system. Designed to achieve optimal ethanol cosolvent flow rate ranges for both cannabis and hemp extracts, the Vitalis CIS  system balances extract quality with efficiency while keeping ethanol usage exceptionally low. Pure Extracts has a history of collaboration with Vitalis, owning and utilizing two of the company’s…

Continue Reading