Breaks Categories: News

FridayAug 02, 2019 11:32 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Receives Subscriptions for $1,325,000 Convertible Debenture Financing

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) this morning announced its receipt of subscriptions for a convertible debenture financing in the amount of $1,325,000. Per the update, the debentures will have a maturity date of two years from the Offering’s closing date (“Maturity Date”), and will bear interest from the date of closing at 10 percent per annum, payable monthly. At the option of the holder, the debentures will be convertible into units of the company at any time prior to the close of business on the last business day immediately preceding the Maturity Date at a conversion price of…

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FridayAug 02, 2019 10:34 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Completes Successful Renewal of Health Canada Licenses for Ancaster Site

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its successful renewal of its Health Canada licenses for the company's Ancaster, Ontario facility. According to the update and as per the Cannabis Regulations, these licenses authorize TGOD to cultivate, process and sell cannabis from its Ancaster site until August 2022. "From day one, the entire team at TGOD placed a strong focus on ethics and compliance. These core values have been paramount to our success," TGOD CEO Brian Athaide said in the news release. "Our team continues to work diligently as we ramp…

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FridayAug 02, 2019 9:51 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) Retains Integra Consulting Group LLC to Provide Investor Relations Services

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) today announced that it has engaged Integra Consulting Group LLC to provide investor relations services to the company in compliance with regulatory guidelines. According to the update, Integra leverages decades of market experience with a robust proprietary database and partners with select underexposed and undervalued emerging growth companies to continuously maximize market visibility throughout their clients’ different development cycles. Integra will work with Lexaria to provide outreach to communicate its message to maximize corporate visibility, seek out opportunities to deliver audience-targeted presentations and utilize web-casting capabilities…

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ThursdayAug 01, 2019 12:49 pm

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Health Canada Approval for Radicle’s Production Facility Expansion Project

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company Radicle Medical Marijuana Inc. has received Health Canada approval for its production facility expansion project. According to the update, the approval effectively doubles Radicle's production footprint, significantly increasing its yearly capacity to 6,000 kilograms. "We are thrilled with the continued growth happening at Radicle," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "The cannabis industry is showing many similarities to the craft beer movement, where local, artisanal operators are succeeding in securing loyal and robust customer followings. Radicle is thriving within this…

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ThursdayAug 01, 2019 10:23 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Completes Acquisition of Florida-Based Spring Oaks Greenhouses, Inc.

Lifestyle-oriented cannabis company Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) today announced the completion of its previously disclosed acquisition of Spring Oaks Greenhouses, Inc., per the terms detailed on July 29, 2019. According to the update, the acquisition brings GGB's ability to operate dispensaries up to 47 across three key states that include Nevada, Massachusetts and Florida. To view the full press release, visit http://cnw.fm/A1fET About Green Growth Brands Green Growth Brands creates remarkable experiences in cannabis and CBD, led by CEO Peter Horvath and a leadership team of consumer-focused retail experts. The company’s brands include CAMP, Seventh Sense…

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WednesdayJul 31, 2019 3:23 pm

CannabisNewsBreaks – MYM Nutraceuticals Inc. (CSE: MYM) (OTCQB: MYMMF) Acquires 50% of Licensed Hemp Cultivator BioHemp Naturals

MYM Nutraceuticals (CSE: MYM) (OTCQB: MYMMF), an innovative company focused on the global growth of cannabis and CBD-rich hemp, on Tuesday announced the completion of the acquisition of 50% of BioHemp Naturals in exchange for $2.5 million cash and 6,000,000 common shares in the capital of MYM. BioHemp is a licensed hemp cultivator that cultivates and distributes CBD-rich hemp biomass to licensed producers in Canada. Len Atkinson, BioHemp co-founder, has joined the MYM management team as Global Hemp Project Manager. In collaboration with BioHemp, MYM is seeking to expand its cultivation to 3,000 acres of CBD-rich hemp for the 2020…

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WednesdayJul 31, 2019 10:00 am

CannabisNewsBreaks – IONIC Brands Corp.’s (CSE: IONC) (OTC: IONKF) (FRA: IB3) Zoots Premium Cannabis Infused Edibles to Launch in PharmaCann’s Illinois Dispensaries

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) today announced that national vertically integrated cannabis operator PharmaCann LLC will exclusively launch its Zoots Cannabis Infused Edibles in Illinois dispensaries. According to the update, the edibles will be available this month. Verilife dispensaries, which are owned and operated by PharmaCann, will offer drops, chews and energy shots from the Zoots product line. “Zoots is an ideal fit for Illinois medical cannabis patients seeking relief through a premium edible product that delivers consistent and reliable results,” PharmaCann Chief Operating Officer Brett Novey said in the news release. “We are excited to offer…

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TuesdayJul 30, 2019 10:54 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Commences CO2 Extraction Operations at Napanee Facility

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has received Health Canada approval to commence extraction operations using its on-site super-critical CO2 extraction system. According to the update, upon its Napanee facility’s receipt of EU-GMP certification and subject to receipt of all necessary import and export permits, the company is expected to be able to ship extracted cannabis products to Europe and other countries for scientific and medical purposes, in addition to selling domestically. "We are extremely excited to commence CO2 extraction operations at our Napanee facility," Vice-President, Napanee Operations Gary…

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TuesdayJul 30, 2019 10:12 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Summarizes DehydraTECH(TM) Technology Licensees

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today reported on its existing technology licensees that have entered definitive contracts to use its revolutionary DehydraTECH(TM) absorption technology within their existing and emerging brands. “The first half of 2019 delivered a period of unprecedented achievements for Lexaria. We signed more license agreements than ever before in our Company’s history, many of which were larger in scope than anything previous,” Lexaria Chief Executive Officer Chris Bunka said in the news release. “We also launched our brand-new business division Lexaria Nicotine which is disrupting nicotine delivery methods that…

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TuesdayJul 30, 2019 9:54 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces Q1 2020 Financial Results

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) on Monday announced its financial results for the first quarter ended May 31, 2019. Among the updates, the company’s cash position was $3.85 million as of May 31, 2019; Toronto Herbal Remedies Inc. has received a Health Canada processing license; and the company entered into a definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Ltd, to form a joint venture. "We are off to a strong start in 2020 with the completion of our first quarter, which saw us sign the definitive agreement with Moosehead and make advancements in…

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