Breaks Categories: News

FridayFeb 14, 2020 10:23 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Posts Q2 2020 Results and Outlook; Enters Exclusive Agreement with Humble & Fume Inc.

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday announced its financial and operating results for the three and six months ended December 31, 2019, as well as an update on its strategy and outlook. In addition, Thursday marked the announcement of Supreme Cannabis’ entry into a landmark sales agreement with Humble & Fume Inc. ("humble+fume"), one of North America's leading distributors of cannabis accessories. Under the agreement, humble+fume will act as the exclusive sales agent for Supreme Cannabis' recreational products across Canada, creating the only sales force in Canada able to offer a complete solution of cannabis…

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ThursdayFeb 13, 2020 10:09 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH(TM)-Enabled CBD Infused Powders Available for Sale Across the US

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, today announced that its DehydraTECH(TM)-enabled CBD infused powders are now available for sale across the U.S. to businesses wanting to produce topicals and edibles with clinically proven performance for increased consumer satisfaction and improved stability. Consumers of both CBD/hemp and cannabis have recently become concerned about the potency and safety of the oil extract products they are purchasing. Lexaria's patented DehydraTECH(TM) technology and powder processing methodology, similar to a pasteurization technique in some ways, helps to not only preserve cannabinoid potency but also to reduce or eliminate…

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WednesdayFeb 12, 2020 10:03 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Implements New Operating Structure to Drive Efficiencies, Accelerate Profitable Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Tuesday announced the implementation of a new operating structure, including staff reductions, to drive efficiencies and support long-term, profitable growth. As previously announced on January 6, 2020, Supreme Cannabis' leadership team is focused on achieving greater efficiencies and speed to market by rightsizing production, overhead and capital expenditures. “As Interim President and CEO, I committed to take immediate steps to position Supreme Cannabis for long-term success, including rightsizing the Company's cost structure and focusing our efforts on near-term revenue-generating opportunities,” Supreme Cannabis Director and Interim President and CEO Colin Moore…

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TuesdayFeb 11, 2020 12:27 pm

CannabisNewsBreaks – KushCo Holdings, Inc. (KSHB) Featured in ROTH Equity Research Report

KushCo Holdings (OTCQX: KSHB) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “KSHB has acquired a 19.9% interest in Xtraction Services Holding Corp. (CSE: XS) (OTCQB: XSHLF), a specialty financing company which provides leasing solutions to owners of cannabis and hemp companies in the U.S. KSHB plans to leverage the XS infrastructure with its large cannabis and CBD network to provide operators with a full portfolio of equipment leasing solutions to augment their operations.” To request access to the full report, visit http://cnw.fm/mLT1L About KushCo Holdings KushCo Holdings, Inc. (OTCQX: KSHB)…

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TuesdayFeb 11, 2020 10:58 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Host Q2 Fiscal 2020 Earnings Conference Call on February 24, 2020

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Monday announced that it will report results and host a conference call with Company management for the second quarter fiscal 2020 ending December 28, 2019. The call is scheduled to take place at 5:00 p.m. Eastern Time on Monday, February 24, 2020. Interested parties may access the call by dialing (+1) 416 764 8609 (Toronto), (+1) 778 383 7417 (Local Vancouver) or (+1) 888 390 0605 (North American Toll-Free) and entering Conference ID: 03558055, or via webcast at http://cnw.fm/UqF8v. An archive of the call and replay will be accessible on Green Growth…

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TuesdayFeb 11, 2020 10:29 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Launches IONIC Brands Investor Group on 8020 Connect Platform; CEO Converts Debt into Shares

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) today announced the launch of the IONIC Brands Investor Group on 8020 Connect Platform. The dynamic 8020 platform’s interactive structure provides an opportunity for shareholders to become a part of the communication process and support the development of the company's investor audience. In addition, the company announced the conversion of US $100,000 debt at a price of C$0.06 per common share, well above the current market price, by IONIC Brands CEO & Chairman John Gorst. “Over the last five months, our management team has been working diligently, together with our stakeholders, to…

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TuesdayFeb 11, 2020 9:45 am

CannabisNewsBreaks – Radient Technologies Inc. (TSX.V: RTI) (OTCQX: RDDTF) Announces Debenture Financings, Provides Corporate Update

Radient Technologies (TSX.V: RTI) (OTCQX: RDDTF), a global commercial manufacturer of high-quality cannabinoid-based ingredients, formulations and products, on Monday announced a total financing package of up to C$15,400,000. The company has entered a non-binding letter of intent (“LOI”) with an institutional investor to subscribe for up to C$10,400,000 of convertible notes, which will have share purchase warrants attached to them. The notes and accompanying warrants shall be issuable in separate tranches. Pricing for the conversion of the notes and exercise of the warrants for common shares shall be determined at the closing of each tranche. Radient will issue the notes…

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FridayFeb 07, 2020 9:41 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Files Early Warning Report Regarding James E. Wagner Cultivation Corp. (TSX.V: JWCA) (OTCQX: JWCAF) Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly owned subsidiary of the company, subscribed for 2,380,952 units of James E. Wagner Cultivation Corp. ("JWC") (TSX.V: JWCA) (OTCQX: JWCAF) at a price of $0.21 each for total consideration of approximately $500,000 in connection with JWC's non-brokered private placement financing. Each unit consists of one common share in the capital of JWC and one-half of one common share purchase warrant. Each warrant enables Canopy Rivers to purchase one common share at any time on or before February 6,…

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WednesdayFeb 05, 2020 10:15 am

CannabisNewsBreaks – HTC Extraction Systems’ (TSX.V: HTC) (OTCQB: HTPRF) Extraction Technology Selected for $20M Xprize Competition

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) today announced that HTC’s patented extraction technology has been selected to supply extracted CO2 for the prestigious $20 million NRG COSIA Carbon Xprize competition. According to the update, the four-and-a-half-year global Xprize competition challenges teams to transform the way the world addresses carbon dioxide (“CO2”) emissions through breakthrough circular carbon technologies that convert carbon dioxide emissions from power plants into valuable products. Ten teams from five countries were selected to advance to finals after passing a first-round evaluation based on the amount of CO2 converted into products, as well as the economic value,…

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WednesdayFeb 05, 2020 9:32 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Subsidiary Modifies TerrAscend Canada Loan Terms

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly-owned subsidiary of the company, has amended the terms of its recent US$10 million loan to TerrAscend Canada Inc., a wholly‑owned subsidiary of TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). The loan, announced October 2, 2019, included the purchase of 13,243 units, each of which was comprised of: (i) one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 (the "debentures"), and (ii) 25.2 common share purchase warrants to purchase common shares of TerrAscend with an exercise…

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