Breaks Categories: News

WednesdayJan 08, 2020 10:12 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) CEO and Co-Founder to Present Live at VirtualInvestorConferences.com

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the United States, today announced that its CEO and Co-Founder Jake Heimark will present live at VirtualInvestorConferences.com on January 9, 2020.  Heimark’s presentation is scheduled to take place at 1:30 PM ET on January 9. The live, interactive online event invites investors to ask the company questions in real-time. Investors are encouraged to pre-register (www.VirtualInvestorConferences.com) and run the online system check to expedite participation and receive event updates. An archived webcast will be made available for those unable to join the live event. To view the full…

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WednesdayJan 08, 2020 10:03 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) BioLumic Receives Approval to Apply Proprietary UV Light Technology to Medical Cannabis

Canopy Rivers (TSX: RIV) (OTC: CNPOF) portfolio company BioLumic Ltd. has received New Zealand Ministry of Health approval to apply its proprietary ultraviolet ("UV") light technology to medical cannabis. According to the update, BioLumic's approach has been successful in increasing yields in certain crops, such as strawberries, by up to 60%. This approval marks the first time the company's UV light technology will be used on cannabis, which BioLumic hopes will show increased yields and help producers meet the rising demand for medical cannabis and cannabis-derived products. “The partnership between BioLumic and JWC is another sign of strong collaboration in…

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TuesdayJan 07, 2020 10:55 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Leverages Retail, Operations Expertise to Capitalize on Holiday Shopping Season

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today shared statistics from its first full holiday season and second fiscal quarter ended December 28, 2019. Among highlighted updates, the Company reported that over 128,000 Seventh Sense Botanical transactions were processed between Black Friday and December 28, 2019, and more than 62,000 total transactions were processed at the two The+Source dispensaries between Green Wednesday (November 27, 2019) and December 28, 2019. "Our ability to capitalize on the holiday shopping season is a reflection of our retail and operations expertise," Green Growth Brands CEO Peter Horvath said in the news release. "We are…

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MondayJan 06, 2020 9:57 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Leadership Transition to Accelerate Growth into Premium Cannabis CPG Company

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its Board of Directors (the “Board”) has, effective immediately, named Colin Moore, director of the Company and former president of Starbucks Coffee Canada, as interim president and chief executive officer. According to the update, Moore succeeds Navdeep Dhaliwal, who has departed the Company. Supreme Cannabis is in the process of engaging a leading, nationally recognized search firm to identify and evaluate a new CEO to lead the Company in its next phase of profitable, long-term growth. "Today, with Supreme Cannabis firmly established as one of the world's fastest-growing,…

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ThursdayDec 26, 2019 10:36 am

CannabisNewsBreaks – WeedMD Inc. (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Acquires Starseed Holdings Inc., Secures $25M Strategic Equity Investment by LPF

WeedMD (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally-licensed producer and distributor of medical-grade cannabis, and Starseed Holdings Inc., a medically-focused, federally-licensed cannabis company, on Monday announced the closing of the previously disclosed acquisition of Starseed Holdings by WeedMD. According to the update, WeedMD also completed, concurrent with the closing, the previously announced private placement of subscription receipts with the LiUNA Pension Fund of Central and Eastern Canada (“LPF”), for aggregate gross proceeds of $25 million. “We officially welcome the Starseed team to the WeedMD family which together will kick-off 2020 as a very compelling, vertically-integrated cannabis company that will…

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ThursdayDec 26, 2019 10:31 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) Announces Expansion of Outdoor Cannabis Cultivation Site to Nearly 300 Acres

BevCanna Enterprises (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) today announced that is has increased the size of its outdoor cannabis cultivation site to 292 acres, up from the originally announced 130-acre site. According to the update, the company has partnered with agricultural experts Clearwater CannGrow Ltd. to grow certified organic sun-grown cannabis on the property near Osoyoos, British Columbia, and the expansion will allow BevCanna to develop into one of Canada’s largest outdoor cannabis cultivators. “Interest in our BC sun grown cannabis has been exceptionally strong, and we're expanding our cultivation and production capabilities to meet the anticipated demand,” BevCanna…

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MondayDec 23, 2019 10:32 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Ships First Wave of Vaporizer Offerings

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced release of the first of its ‘Cannabis 2.0’ products, including Trailblazer Spark, Flicker and Glow 510-thread Torch vape cartridges.  According to the update, shipments of the custom-designed cartridges were sent to Manitoba, Saskatchewan, Ontario, New Brunswick and Nova Scotia, starting December 17, from the Company’s Moncton production campus. “As a company, bringing the next-generation of cannabis products to market without delay was important to us. We are proud to support access to tested, quality derivative-based…

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FridayDec 20, 2019 11:02 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reveals Cannabis 2.0 Products

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced its new Cannabis 2.0. products set to come to market in the coming months across Canada.  According to the update, VIVO will focus on the vape, chocolates and concentrates categories leveraging its premium adult-use cannabis brands including Canna Farms(TM) and Fireside(TM). “VIVO is committed to changing the way people view cannabis and to enhancing lives.  I'm delighted with our Cannabis 2.0. offering,” VIVO CEO Barry Fishman said in the news release. “The range is robust and stretches across multiple new legal…

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ThursdayDec 19, 2019 9:21 am

CannabisNewsBreaks – Green Growth Brands Inc.’s (CSE: GGB) (OTCQB: GGBXF) CAMP Animal Face Solventless Rosin Receives Awards at Jack Herer Cup, High Times Cup

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning announced that its CAMP Animal Face Solventless Rosin received two awards during the week of December 9, 2019. The product was credited as best Indica vape pen cartridge at the Jack Herer Cup Las Vegas and recognized as best vape pen cartridge at the High Times Nevada Cup. “The recognition of CAMP by both the Jack Herer Cup and High Times is a truly meaningful accomplishment. Our Head Processor, Aaron Nino, and his team, along with our cultivation, merchant, and marketing teams, are doing remarkable work to bring…

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WednesdayDec 18, 2019 2:12 pm

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Terminates Proposed Business Combination to Focus on Rapidly Expanding CBD & MSO Businesses

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning reported the termination of its proposed business combination as the market adapts to the shifting macro environment. Green Growth Brands has agreed to repay the advance of $5 million by January 31, 2020 and to reimburse Moxie $4 million in deal fees on or before July 1, 2020, with both payments to be made in cash. There is no break fee to be paid in connection with the termination. The company plans to continue its aggressive growth strategy in both the MSO and CBD businesses. Green Growth’s MSO…

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