CannabisNewsBreaks

FridaySep 27, 2019 10:51 am

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Reprices Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced that it has repriced its “bought deal” brokered private placement that was originally announced on July 3, 2019 to reflect the current market price of the company's common shares. Per the terms of the offering, Canaccord Genuity Corp. will act as sole bookrunner and lead underwriter on behalf of a syndicate of underwriters and purchase 20,000,000 units of the company on a “bought deal” private placement basis at a price of C$0.50 per unit for total gross proceeds of C$10,000,000. Each unit is comprised of one common share and one-half of one common…

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FridaySep 27, 2019 9:45 am

CannabisNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Voices Support of SAFE Banking Act

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) on Thursday announced its support for the passage of the Secure and Fair Enforcement Banking Act of 2019 (“SAFE Banking Act”) by the United States House of Representatives. The SAFE Banking Act is anticipated to be voted on by the U.S. Senate by the end of the year. “Chemistree decided early in its history to focus on developing its business in the legal cannabis industry in certain states in the US. Members of our management team, our Board of Directors and major shareholders have long been significant influencers in the legal cannabis industry in…

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ThursdaySep 26, 2019 12:22 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Temporarily Suspends Production in California Amid Vape Product Safety Concerns

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning provided an update addressing the recent vaporizer product safety concerns. In the release, IONKF reiterated its concentration on safety and its commitment to self-regulating above and beyond required regulations and quality measures. In light of the recent vaping events, and in response to the company’s concern with illegal and unregulated black-market products in California, IONKF has temporarily suspended production in California until regulators can address the issue. “This is a situation that we take seriously and are monitoring closely,” IONIC Brands CEO and chairman John Gorst stated in the news…

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ThursdaySep 26, 2019 10:30 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Chief Marketing Officer Recognized on Forbes CMO Next List

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that Jann Parish, Chief Marketing Officer, has been named to the Forbes CMO Next list, a list comprised of 50 individuals considered to be leading the way as disruptive chief marketers. Established through qualitative research and editorial industry knowledge, the Forbes list features executives in the top marketing position at their company that push brand and business growth. Through Parish's leadership the company has opened over 130 Seventh Sense CBD shops, expanded Seventh Sense's digital reach, increased sales and margin figures in its Nevada The+Source dispensary business by…

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WednesdaySep 25, 2019 3:19 pm

CannabisNewsBreaks – Jushi Holdings Inc.’s (NEO: JUSH.B) (OTCQX: JUSHF) BEYOND / HELLO(TM) Retail Chain Opens Two New Medical Marijuana Dispensaries in Pennsylvania

BEYOND / HELLO(TM), a premier retail chain owned by Jushi Holdings (NEO: JUSH.B) (OTCQX: JUSHF), recently announced the opening of two new retail locations. The dispensaries, located in Scranton and Johnstown, PA, opened after receiving approval from the Pennsylvania Department of Health. The stores will carry an assortment of medical marijuana products including dry leaf, oils and oil cartridges, concentrates, pills, capsules, tinctures, topicals and many ancillary products. Each location will have a team of experienced staff as well as a licensed pharmacist on-site to dispense products, answer questions and provide service to patients and caregivers. “As we strategically expand…

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WednesdaySep 25, 2019 1:44 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expanding Globally through Strategic Partnerships

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) continues to capitalize on the growing cannabis industry and expand its global footprint through strategic partnerships. An article discussing the company reads, “SPRWF has entered into international partnerships to reach and meet the growing demand for recreational and medical cannabis. Khalifa Kush Enterprises (‘KKE’) entered into an international partnership with SPRWF to develop and launch a lineup of premium cannabis. KKE Oils are created with premium cannabis supplied by 7ACRES, the flagship brand of SPRWF, and the line consists of recreational-focused offerings. The products are among the first-ever recreational-focused cannabis oils…

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WednesdaySep 25, 2019 12:45 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Powdered Formulation of CBD-Rich Hemp Oil Now Available to US Consumers

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, recently launched its ChrgD+ product, a water-soluble, multispectrum hemp oil in a powdered format powered by the company’s proprietary DehydraTECH(TM) technology for rapid CBD delivery (http://cnw.fm/a3Kr5). An article discussing the company reads, “The rapid biodelivery of CBD through DehydraTECH provides an avenue for safer, less-conspicuous consumption of CBD than inhaling it through smoke or vapor during a critical time when social acceptance of cannabis products is exploding age-old prohibitions but many legislative entities continue to struggle with regulatory issues on behalf of the public welfare. . . . ChrgD+…

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WednesdaySep 25, 2019 9:49 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Report Results, Host Earnings Conference Call for Q4 and Fiscal Year 2019

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Tuesday announced that it will report results for the fourth quarter and fiscal year 2019 ending June 30, 2019, on Wednesday, October 23, 2019, at approximately 5:00 PM ET. In addition, Green Growth Brands will host a conference call with company management in conjunction with release of its financial results, with the call slated to take place on Thursday, October 24, 2019, at 8:30 AM ET. Interested parties may join the conference by dialing (+1) 416 764 8609 (Local Toronto), (+1) 778 383 7417 (Local Vancouver) or (+1) 888…

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TuesdaySep 24, 2019 2:52 pm

CannabisNewsBreaks – Jushi Holdings Inc. (NEO: JUSH.B) (OTCQX: JUSHF) Chairman and CEO Purchases 300,000 Subordinate Voting Shares

Jushi Holdings (NEO: JUSH.B) (OTCQX: JUSHF), a globally focused, multi-state cannabis and hemp operator, recently announced that One East Partners, LP acquired 300,000 Class B subordinate voting shares of the company at price of C$2.20 each for a total purchase price of C$660,000 pursuant to a private agreement exemption. One East purchased the shares from two sellers at less than 115% of the market price, in accordance with National Instrument 62-104 – Take-Over Bids and Issuer Bids. Jim Cacioppo serves as Managing Director and sole partner of One East in addition to his role as Jushi Holdings’ chairman and CEO.…

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TuesdaySep 24, 2019 10:14 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Debuts New Line of Best Selling Gummies at Hall of Flowers Cannabis Tradeshow

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company based in California, this morning announced the launch of a new line of its best-selling cannabis-infused gummies*. According to the update, the company unveiled its new line at the Hall of Flowers cannabis tradeshow in Santa Rosa, California this past week, rolling out three new flavors of gummies developed by Plus Products’ team of scientists, entrepreneurs and chefs. The new product line includes a balance cucumber lime with 3.5mg THC and 1.5mg CBD per piece; an uplift tangerine with 5mg THC and <0.1mg CBD per piece; and…

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