Breaks Categories: News

TuesdayMar 03, 2020 11:00 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Reports Revenues of $5.5M for Quarter Ended December 31, 2019

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning reported financial results for the second quarter ended December 31, 2019, including $5,514,502 in revenues for the quarter, representing a substantial increase from $1,410,135 during the same period of the previous year. Per the update, revenues were projected to be down as a result of the sudden drop in vape sales and the close of the company’s Robson store to move to its newly renovated, licensed, 2,800-square-foot facility at Robson and Granville. To view the full press release, visit http://cnw.fm/ewZM3 About Wildflower Brands Wildflower Brands is a Vancouver-based pioneer in the cannabis…

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MondayMar 02, 2020 10:32 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) PharmHouse Receives Health Canada License Amendment for Cultivation Across Entire Greenhouse

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its 49%-owned joint venture in Leamington, Ontario, PharmHouse Inc., received a license amendment from Health Canada allowing for cultivation across its entire greenhouse, which is now fully operational. According to the update, PharmHouse plans immediate ramp up in production in accordance with its offtake agreements with Canopy Growth Corporation and TerrAscend Canada Inc. Under these agreements, PharmHouse has committed 50% of its 2020 output and currently expects to use the remaining 50% of its capacity for both additional offtake agreements and its own private…

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MondayMar 02, 2020 9:49 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Chair, Paul Lucas, Recipient of Life Sciences Ontario’s Lifetime Achievement Award

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that its chair of its board of directors, Paul Lucas, is the receipt of the 2020 Lifetime Achievement Award from Life Sciences Ontario. The award recognizes Lucas' exceptional leadership and contributions to the development of the life sciences sector in Canada, his commitment to the community and his passion for improving the quality of life for Canadians. "We are proud and honoured to have the benefit of Paul's knowledge and expertise as we continue to grow VIVO's business," VIVO CEO Barry Fishman said in the news release. "Paul's career is marked by…

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ThursdayFeb 27, 2020 1:07 pm

CannabisNewsBreaks – WeedMD Inc.’s (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Starseed is Preferred Medical Cannabis Supplier to Insulators Local 95 Health & Welfare Trust Fund

WeedMD (TSX-V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally-licensed producer and distributor of medical-grade cannabis, on Wednesday announced that its subsidiary, Starseed Medicinal Inc., is now the preferred medical cannabis supplier to the Insulators Local 95 Health & Welfare Trust Fund. According to the update, the agreement provides union members and their dependents access to medical cannabis as an insured benefit with no out-of-pocket costs or co-pays. “Starseed’s unique and proprietary program is rapidly becoming the platform of choice for benefits providers, insurers and their members looking to seamlessly add medical cannabis in a responsible way,” WeedMD CEO Angelo Tsebelis…

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WednesdayFeb 26, 2020 10:17 am

CannabisNewsBreaks – Choom(TM) Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Next Licensed Cannabis Retail Store in Calgary, Alberta

Choom(TM) (CSE: CHOO) (OTCQB: CHOOF), one of Canada's leading recreational cannabis retailers, on Tuesday announced the opening of its next licensed cannabis retail store in Calgary, AB. The store, opening in the bedroom community of Shawcliffe, is Choom’s first retail store to open in Calgary, as well as its 14th store in Alberta and 15th location in Canada. “We are very pleased to be opening our first location in the City of Calgary,” Choom CEO Corey Gillon said in the news release. “This new location is another example of the continued commitment to our growth strategy and the vision of…

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TuesdayFeb 25, 2020 9:51 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Q2 Fiscal 2020 Results

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Monday released its results for the period ended December 28, 2019. According to the update, Green Growth Brands’ revenues for the period totaled $21.1M. "The results this quarter are a reflection of our ability to create products and experiences that consumers want," Green Growth Brands CEO Peter Horvath said in the news release. "We are pleased with the consumer demand signals we saw in the CBD segment during the quarter, and we remain confident in its future potential. However, overhead costs, near-term obligations and constraints on liquidity have posed significant challenges that…

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ThursdayFeb 20, 2020 10:04 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Prestigious COTA Award for Leadership in Organic Farming

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its receipt of the prestigious Leadership in Organic Farming Award from the Canada Organic Trade Association ("COTA"). According to the update, these awards are given to industry leaders displaying exceptional leadership through involvement in advancing Canada's organic sector. “TGOD was born from a bold vision, building the global leader in certified organic cannabis,” TGOD CEO. Brian Athaide said in the news release. “Receiving this award validates the hard work and dedication of the team at TGOD and speaks to our promise of…

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WednesdayFeb 19, 2020 10:04 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Cannabis Research License from Health Canada

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, this morning announced that it has received a research license from Health Canada. The license is valid for five years and enables TGODF to cut the costs and quicken the pace of the development of new products by removing its need to rely on third parties. Looking forward, the company plans to leverage the license to carry out the development of additional premium cannabis 2.0 products, which are anticipated to launch later this year. “As consumers become increasingly aware that not all cannabis products…

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TuesdayFeb 18, 2020 10:22 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Launch of New PLUS CBDRelief Brand into California Adult-Use Market

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in California, today announced the launch of its new PLUS CBDRelief brand into the California Adult-Use Market. According to the update, PLUS CBDRelief represents a significant extension beyond PLUS’s core brand, which was the largest cannabis-infused gummies brand in California in 2019 and, over the same period, claimed the best-selling cannabis product in the state across all categories*. “We have seen compelling success with our core brand and are excited to take the next step towards becoming a true portfolio of brands with the launch of PLUS CBDRelief,”…

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FridayFeb 14, 2020 10:33 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q3 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today released its financial results for the three and nine months ended December 31, 2019. According to the update, the company’s unaudited condensed interim consolidated financial statements as well as its management's discussion and analysis (“MD&A”) for Q3 2020 are available under the company's profile SEDAR at www.SEDAR.com and on the company's website. “In the third quarter, we continued pursuing our goal to become the leading venture capital firm building the cannabis industry of tomorrow,” Canopy Rivers President and CEO Narbé Alexandrian said in the news release.…

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