Breaks Categories: News

ThursdayJun 20, 2019 11:58 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Highlights $1.25M Strategic Investment in Friendly Stranger Holdings Corp.

Premium cannabis company VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that it has made a $1.25 million strategic investment in Friendly Stranger Holdings Corp., a longstanding retail champion of cannabis culture. Per the update, the investment is intended to facilitate Friendly Stranger’s aggressive cannabis retail expansion plans, including its goal of bringing multiple retail stores to the Canadian market. “VIVO is focused on expanding capacity and increasing production capability to help meet the growing demand for cannabis among recreational users,” Barry Fishman, CEO of VIVO, stated in the news release. “Friendly Stranger has been an iconic brand…

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ThursdayJun 20, 2019 11:31 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands into Global Organic Hemp CBD Market

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced the launch of its Global Strategic Hemp Division entering the company into the worldwide organic hemp CBD market. Initially, the division will work to support initiatives in Canada, Germany, Jamaica, Mexico, Poland and the U.S.A. It will utilize the company’s expertise in the European hemp CBD market to drive growth, development and the commercialization of new products across its network of global partners. In addition, the Global Strategic Hemp Division will offer considerable support to TGODF’s international partners by providing genetics, training…

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ThursdayJun 20, 2019 10:34 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Sends First Quebec Shipment, Achieves National Reach with Products Distributed Coast to Coast

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) today announced completion of its first shipment of cannabis products to the province of Quebec, which follows purchase orders placed with the Société québécoise du cannabis (“SQDC”) and registration with the Autorité des Marchés Publics. According to the update, the company is now a national player in Canada's legal adult use recreational cannabis marketplace, with products distributed to all ten of the country’s provinces. “We are pleased to now officially ship our products coast to coast,” Organigram CEO Greg Engel said in the news release. “Our national reach means brands such as Edison Cannabis…

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ThursdayJun 20, 2019 9:28 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Schedules Release of Q4, FY 2019 Financial Results

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Wednesday announced that before markets open on Tuesday, July 16, 2019, the company will report its financial results for the fourth quarter and fiscal year ended March 31, 2019. Canopy Rivers’ audited consolidated financial statements, as well as management's discussion and analysis, will be available on the company's profile on SEDAR and in the investors section of the company's website. Some preliminary financial information about CNPOF may also be included in Canopy Growth Corporation’s (TSX: WEED) (NYSE: CGC) financial results, which are scheduled to be released on June 20, 2019. To view the…

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WednesdayJun 19, 2019 10:22 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests $10M in California-Based Plant Science Innovator ZeaKal

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced an investment and strategic collaboration with ZeaKal, Inc., a California-based plant science innovator with proprietary technologies that sustainably increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops. Canopy Rivers’ investment marks another significant corporate milestone for ZeaKal, following February’s announcement of its R&D collaboration with the agricultural science division of DowDuPont. “Our investment in ZeaKal, the fifth consecutive international transaction for Canopy Rivers, builds on our thesis of selecting globally scalable and innovative processes, products, and technologies from complementary industries, and applying them to the…

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TuesdayJun 18, 2019 1:40 pm

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Welcomes Health Canada’s Final Regulations, Reiterates Expanded Product Strategy

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today welcomed Health Canada's final regulations for new cannabis products and reiterated its expanded product strategy. Per the update, Health Canada, on June 14, released amended cannabis regulations to license holders to permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals. The regulations support Supreme Cannabis' expanded product strategy, as the company, under its brands, intends to create high-quality cannabis extracts, including vaping liquids, concentrates, oils and tinctures. "As we prepare to bring new products to market, we are…

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TuesdayJun 18, 2019 12:45 pm

CannabisNewsBreaks – Geyser Brands Inc.’s (TSX.V: GYSR) Apothecary Botanicals Awarded Processing License

Geyser Brands (TSX.V: GYSR) today announced receipt of a coveted Health Canada Standard Processing License by its wholly owned Licensed Producer, 0957102 B.C. Ltd. dba Apothecary Botanicals. According to the update, the license will enable expansion of the company’s long term vision and commencement of the manufacturing of premier products, including tinctures and supplements. “This is a huge milestone for Geyser Brands and something that we have been working towards for many months,” GYSR CEO Andreas Thatcher said in the news release. “The license allows us to add value to existing consumer healthcare brands by providing them the platform to…

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TuesdayJun 18, 2019 10:29 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Enters Exclusive Agreement with Cannabis Innovator Feather Company Ltd.

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) today announced its entry into an exclusive agreement with Feather Company Ltd., a cannabis innovator and lifestyle brand committed to the production of premium-quality products that enhance the cannabis experience for customers. Per the update, Organigram, through the Edison Cannabis Co. brand, has an exclusive license to Feather's proprietary vaporizer pen technology and form factor, and the relationship will also allow Organigram to commercially represent Feather across Canada. “A successful recreational cannabis market requires that licensed producers and their partners continually reimagine the cannabis experience,” Organigram Senior Vice President, Marketing and Communications Ray Gracewood…

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TuesdayJun 18, 2019 9:40 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Loan Commitment for $50M Senior Secured Credit Facilities

Canadian cannabis cultivation firm the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Monday announced its receipt of a loan commitment from an ATB Financial (“ATB”) syndicate of lenders as lead arranger and administrative agent for up to $50,000,000 of committed senior secured credit facilities. According to the update, Flowr will be permitted to use a recapitalization term facility and a revolving operating credit facility for general working capital purposes, as well as a development facility for the development of its Kelowna 1 Facility, Kelowna 2 Facility and Flowr Forest. The ATB Credit Facilities will have a maturity day of three…

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TuesdayJun 18, 2019 9:30 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Hires General Manager for Stanislaus County Cannabis Facility

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that it has hired Alan R. Applonie as general manager of its recently acquired 196,000-square-foot vertically integrated cannabis-focused facility in Stanislaus County, CA. Applonie will be responsible for all activities in the manufacturing operations of the facility, as well as other facilities and operations TransCanna may acquire in the area. “I've spent over six months interviewing for top-tier talent to oversee our operations and I firmly believe Alan is that person. Alan's most recent position was for a multi-billion-dollar enterprise in which his division regularly produced greater than $300 million in…

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