CannabisNewsBreaks

WednesdayOct 16, 2019 9:30 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) to Present at the Benzinga Cannabis Capital Conference in Chicago

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced its plans to present at the Fifth Benzinga Cannabis Capital Conference. The event is slated to be held in Chicago from October 22-23, 2019. Plus Products will present to an audience of public and private companies and fellow institutional, family office and accredited investors looking for the right opportunities in a crowded and volatile market. To view the full press release, visit http://cnw.fm/S2otp About Plus Products Inc. Plus Products Inc. manufactures cannabis products in California. The company offers cannabis-infused edibles to the…

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WednesdayOct 16, 2019 9:22 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Portfolio Company Obtains Health Canada License Amendment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, on Tuesday announced that its portfolio company James E. Wagner Cultivation Corp. (TSXV: JWCA) (OTCQX: JWCAF) (“JWC”) received a Health Canada license amendment permitting cannabis production in four new flowering rooms at its flagship facility in Kitchener, Ontario. The additional flowering rooms are part of an ongoing program to expand JWC's existing production capacity. Once fully operational, the expansion will double the facility's current licensed production capacity from 22,000 square feet to approximately 44,500 square feet. “We believe that this license amendment demonstrates Health Canada's recognition of…

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TuesdayOct 15, 2019 2:57 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Launches Proprietary Sativa-Dominant Strain

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) holds a diversified portfolio of cannabis brands including its wholly owned subsidiary, 7ACRES. An article discussing the company reads, “Recently, SPRWF announced the initial market entry of Jack Haze, a proprietary strain from its 7ACRES subsidiary. The unique 7ACRES Jack Haze strain is the first of a series designed to differentiate the high-end flower offering of 7ACRES from that of its competitors. That superior quality, the company says, will enable it to maintain premium pricing across Canada. Jack Haze is the company’s first sativa-dominant strain, offering rare sensory characteristics and a…

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TuesdayOct 15, 2019 2:49 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Applies Organic Craft Growing Principles to Produce Premium Cannabis

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) produces high-quality, organic medical and recreational adult-use cannabis using organic craft growing principles. An article discussing the results reads, “While cannabis companies abound, TGOD continues to impress with its organic emphasis and the overall quality of its products. TGOD’s cannabis is grown in its proprietary living soil in accordance with all-natural principles. Moreover, its growing process is certified organic by Pro-Cert and ECOCERT, two top organic certification bodies. Of note is the fact that, according to a 2019 study conducted by Hill & Knowlton, more than 50% of recreational consumers intending…

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MondayOct 14, 2019 3:03 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Partners with John Legend & Casper Sleep for Nationwide Launch of CBD-Infused Gummies

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis branded products company in the U.S., recently launched a line of 100% hemp, CBD-infused gummies nationwide. An article discussing the company reads, “To support the launch, PLUS has brand partnered with celebrity John Legend and Casper Sleep Inc. Legend will advocate on behalf of the line, while Casper Sleep will partner with PLUS to endorse the new CBD sleep gummies. ‘Like PLUS, we believe sleep is a key part of the wellness equation,’ Neil Parikh, co-founder and chief strategy officer at Casper, stated in a news release (http://cnw.fm/V2eqg). ‘Partnering with their team of…

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FridayOct 11, 2019 12:46 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Advancing Toward Global Expansion Goal

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a public cannabis company developing brands that focus on plant-based wellness and health products, is concentrating its efforts on being a worldwide supplier of CBD products for wellness and health. An article discussing the company reads, “Wildflower Brands is keen on expansion into the global marketplace with a view toward moving into the regions of the world where CBD products are not as legally restricted in terms of sales and distribution. An agreement has been signed to enter the European Union marketplace by way of Poland. The agreement with Polish firm Two Towers was…

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FridayOct 11, 2019 12:40 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Creates Proprietary, Ethanol-Based Distillation System

Gas, liquids and biomass extractor and refiner HTC Extraction Systems (TSX.V: HTC), together with its subsidiaries, has developed a proprietary. ethanol-based distillation system called the Delta Purification System(R), which works with the company’s DeltaSolv(TM) technologies. An article discussing the company reads, “The condensed report, covering HTC Extraction Systems and its subsidiaries for the interim six-month period ended June 30, states that the company’s carbon-dioxide extraction business and material-handling operations drove revenues from $560,260 in 2018 to $1.85 million this year (http://cnw.fm/34WDf). . . .During that same period, the company’s total assets increased from $34.07 million to $35.29 million as HTC Extraction Systems…

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FridayOct 11, 2019 11:56 am

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Reports Milestone Q2 Revenues, Completes Transformational Acquisitions

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3), a West Coast cannabis holding company specializing in the recreational adult-product market, recently reported second-quarter 2019 financial results, including a revenue milestone of $5.9 million (http://cnw.fm/8Ueu8). An article discussing the company reads, “‘We are very pleased with our second quarter financial results, achieving our focus of increasing sales growth while closing a successful financing for various strategic business acquisitions all in a span of three months,’ John Gorst, chairman and CEO of IONIC Brands, stated in a news release. . . . Several transformational acquisitions were recently completed, adding to IONIC’s multistate portfolio…

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ThursdayOct 10, 2019 9:33 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Honored with Excellence in Manufacturing Consortium Award

Organigram Holdings (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its recognition at the Excellence in Manufacturing Consortium (“EMC”) Awards of Excellence ceremony held on October 9 in Toronto. According to the update, Organigram was honored with an Outstanding Member Contribution Award for delivering exemplary support to the EMC over the course of its membership. Organigram Senior Vice President of Operational Services, Jeff Purcell, accepted the award, which recognizes organizations that demonstrate outstanding achievement in manufacturing. “Producing high-quality cannabis in a state-of-the-art indoor environment, Organigram operates in an interesting cross-section…

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WednesdayOct 09, 2019 9:35 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Posts Credit Financing Update

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified-organic cannabis, today announced that it is reviewing alternative financing options to complete construction at its facilities in Ancaster, Ontario and phase 1a at Valleyfield, Quebec. Per the update, TGODF’s previously disclosed discussions for ordinary course commercial bank facilities and equipment leasing are no longer available on the acceptable terms within the timeframes required due to changing market conditions. Presently, the company has no debt and $56.7 million in cash available in Canada, including $40.2 million in restricted cash allocated to capital expenditures. Construction at Ancaster…

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