Breaks Categories: News

TuesdaySep 01, 2020 9:55 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Conducting Non-Brokered Private Placement

Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a private placement of units, the proceeds of which are intended to be used for upcoming projects and general working capital. According to the announcement, released by Pac Roots CEO Patrick Elliott, the placement of units will be at a price of C$0.25 per unit for gross proceeds totaling up to $2 million, subject to an overallotment option. The offering is up to 8 million units, with each unit consisting of one share and one warrant exercisable…

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MondayAug 31, 2020 11:40 am

CannabisNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Announces Healthy Crop, Bullish Production Outlook for 100-Acre Hemp JV

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today provided an update on the 100-acre commercial hemp operation in British Columbia. After receipt of the hemp cultivation license from Health Canada on May 22, 2020, the Pac Roots and Rock Creek Farms 100-acre premium-hemp joint venture (“JV”) commenced. According to the update, the operations team spent several weeks working the fields and installing irrigation systems before beginning planting in mid June. There are currently approximately 130,000 premium-hemp CBD plants in the ground across two 50-acre parcels.…

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FridayAug 28, 2020 10:17 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Update, Confirms Expansion of Product Innovation Pipeline

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today provided an update on the progress of its corporate initiatives. Among other highlights, the update covered the company’s successful May launch, in Quebec, of its mainstream brand, Highly Dutch. Given strong sales, TGOD intends to expand to the balance of Canada in late September once it has built sufficient inventory to provide consistent supply to the market. In addition, the update discussed TGOD’s introduction of multiple 2.0 products during the second quarter, including RIPPLE dissolvables, teas and vapes. Based on the popularity of…

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WednesdayAug 26, 2020 12:11 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Products Available Through Largest US Food Redistribution Company

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) has announced that its products will be carried by Dot Foods Inc., the largest food redistribution company in the United States. This entry into the hospitality space includes the company’s Alkaline88(R) and A88 Infused(TM) lines as well as its aluminum bottles. A producer of premium bottled alkaline water, flavor-infused waters, and CBD-infused products, WTER said these products will be available nationwide to Dot Foods’ 4,300 customers around the country by Sept. 21, 2020. “Adding the largest food-service redistributor, Dot Foods, to our growing list of channel partners is another milestone for the company,”…

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MondayAug 24, 2020 12:31 pm

CannabisNewsBreaks – Planet 13 Holdings Inc. (CSE: PLTH) (OTCQB: PLNHF) Announces $15M Bought Deal Offering

Planet 13 Holdings (CSE: PLTH) (OTCQB: PLNHF), a vertically integrated cannabis company based in Nevada, recently announced its entry into an agreement with a syndicate of underwriters, co-led by Beacon Securities Limited and Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase, on a bought deal basis, 4,060,000 units in the capital of the company, each at a price of $3.70. According to the update, Planet 13 will secure aggregate gross proceeds of $15,022,000 in the offering (all figures are in Canadian dollars unless otherwise stated), of which it intends to use the net proceeds for working…

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FridayAug 21, 2020 9:58 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Q2 2020 Financial Results

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis branded products company in the U.S., on Thursday released its unaudited financial and operational results for the three and six months ended June 30, 2020, expressed in U.S. dollars.  “The first half of 2020 has been about creating a sustainable economic foundation for the business and continuing to lay the groundwork for current and future growth. We are very happy with the progress we have made on both of these fronts,” said Jake Heimark, Plus Products co-founder and CEO, in the press release. “Compared to the second half of 2019, in the…

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ThursdayAug 20, 2020 1:16 pm

CannabisNewsBreaks – MediPharm Labs Corp. (TSX: LABS) Secures C$37.8M in Private Placement

MediPharm Labs (TSX: LABS), a global leader in specialized, research-driven pharmaceutical-quality cannabis extraction, distillation and derivative products, has closed a private placement with an institutional investor for aggregate gross proceeds of C$37,822,500. According to the update, MediPharm Labs intends to use the proceeds for general corporate purposes, including building on the launch of its cannabis 2.0 offerings with new product formats and expanding its product and active pharmaceutical ingredient exports. In addition, the proceeds will strengthen the company’s balance sheet in successful navigation through the economic recession created by the COVID-19 pandemic. Roth Capital Partners acted as sole placement agent…

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ThursdayAug 20, 2020 12:24 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Appoints Accomplished Brand Strategist as Director of Corporate Marketing

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced its appointment of Rosie Cousino as director of Corporate Marketing. Cousino brings over 20 years of experience working with national brands, including Clorox, Del Monte Foods, Nature Made Vitamins, and, most recently, Medterra CBD. “Rosie is an accomplished CPG marketer and brings a wealth of experience and knowledge to our growing team,” said The Alkaline Water Company president and CEO Ricky Wright in the press release. “She brings a wide range of strategic brand-building knowhow to The…

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WednesdayAug 19, 2020 10:29 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) To Release Second Quarter 2020 Financial Results During Aug. 20 Conference Call, Webcast

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S. cannabis and hemp-branded products company, will release its Q2 financial and operations numbers on Aug. 20, 2020, during a 5 p.m. ET conference call and webcast. Following the official presentation, PLUS co-founder and CEO Jake Heimark and CFO Nate Pearson will host a Q&A session. Interested parties are invited to participate by dialing 1-866-220-4156 (in the United States) or 1-864-663-5231 (internationally) or visiting (http://cnw.fm/cEh0G); the conference ID is 9094390. Those who are participating are asked to dial in or log in at least 15 minutes prior to the start of the event.…

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TuesdayAug 18, 2020 1:10 pm

CannabisNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) A88CBD Product Line Now Available in CBD Plus Retail, Online Locations

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) has announced that multistate CBD operator CBD Plus will carry its complete line of A88CBD(TM) topical and ingestible products. A producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products, WTER has partnered with CBD Plus to carry the A88CBD product line in all 142 CBD Plus locations across Texas, Oklahoma, Florida, Tennessee, Kansas, Maryland, Georgia and Arkansas. In addition, A88CBD products can be found on CBD Plus’ online store. “Launching in 142 locations across multiple states with one of the fastest-growing premium CBD retailers is a significant step to expanding our…

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