CannabisNewsBreaks

WednesdayJul 17, 2019 11:01 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New Look for Cannabis Infused Edibles Line

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced a new look for its line of low dose cannabis infused edibles. According to the update, market structure research from Henry J. Rak Associates guided the rebrand that was designed by Partners & Spade, an agency that has worked alongside brands including Peloton and Warby Parker. The new packaging and product system, which focuses on the science behind unique combinations of THC and CBD, intends to create the right mix of cannabinoids paired with a targeted flavor profile to provide consumers with…

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WednesdayJul 17, 2019 10:52 am

CannabisNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Appoints Senior Executive with Extensive Regulatory Prowess to Board of Directors

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced the appointment of Brian Quigley to its board of directors, subject to applicable regulatory approval. Quigley, a proven leader in navigating complex regulatory environments for novel and innovative products, brings to MustGrow a competitive strategic advantage with over 20 years of regulatory expertise, brand building, marketing and operations experience. Brian most recently spent 16 years at Altria Group, with seven of those as president and CEO for U.S. Smokeless Tobacco and Nu-Mark, Altria’s innovation company. “Brian brings extensive regulatory prowess, brand building and product innovation experience to MustGrow,” MGRO…

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WednesdayJul 17, 2019 10:20 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Acquires Interest in Coastal Green Holdings; Extends Warrant Expiry Date

Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), a fully integrated cannabis company, this morning announced that, upon conversion of the convertible debenture issued to Choom by Coastal Green Holdings Ltd., it will acquire a 19.9% equity interest in the British Columbia-based cannabis retailer. Choom's interest contains a variety of rights, including the right to acquire 100% of Coastal Green in certain circumstances and subject to regulatory restrictions. Coastal Green has applied to become an approved retailer through the British Columbia Liquor and Cannabis Regulation Branch (“LCRB”) with the intention of opening eight retail stores that would be mainly located on the…

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TuesdayJul 16, 2019 10:26 am

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) to Launch Premium BioNatural Oil Products Under CALIBER Brand

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced its plans to launch premium cannabis oil products under its CALIBER brand that utilize its unique and differentiated BioNatural Oil (“BNO”), which is produced by Sproutly’s proprietary Aqueous Phytorecovery Process (“APP”). Per the update, Sproutly initially intends to expand the CALIBER brand of products into oil capsules that deliver 5mg of full spectrum THC cannabis, giving consumers full control to dose in 5mg increments. “CALIBER has been carefully curated with the cannabis connoisseur in mind. The unique benefits of BioNatural Oil, combined with high quality flower grow and genetics,…

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TuesdayJul 16, 2019 9:36 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Releases Q4, Fiscal Year 2019 Financial Highlights; Provides Corporate Update

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning released its financial results for the three and twelve months ended March 31, 2019. Audited consolidated financial statements for Canopy Rivers for the twelve months ended March 31, 2019, as well as its full Management's Discussion and Analysis (the "MD&A") for the three and twelve months ended March 31, 2019, are available under the company's SEDAR profile and on the company's website. “It was a year full of milestones and significant achievements for Canopy Rivers. Anchored by our go public transaction and listing on the TSX Venture Exchange, eight new investments, and…

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MondayJul 15, 2019 9:58 am

CannabisNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Enters Exclusive Technology Agreement with Triangle Plant Sciences

MustGrow Biologics Corp. (CSE: MGRO), an agricultural biotech company, has entered into a partnership with Triangle Plant Sciences (“TPS”), a division of Verdesian Life Sciences of Cary, North Carolina. Under the agreement, MustGrow will have exclusive Canadian and global access to TP-1000, TPS’s first product in a suite of researched hydroponic technology offerings. Through the partnership, TP-1000 will be made commercially available exclusively through MustGrow in Canada, and MustGrow will also distribute in key registered global markets. “We are thrilled to enter into a partnership with Triangle Plant Sciences,” MustGrow COO Colin Bletsky said in the news release. “The vision…

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MondayJul 15, 2019 9:46 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Reports Q3 Fiscal 2019 Results, Hosts Earnings Call

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its financial results for its fiscal third quarter ended May 31, 2019. “We continued to report strong sales in our third quarter and now have distribution in all ten provinces,” Organigram CEO Greg Engel said in the news release. “In our fiscal year to date, we have generated strong operating and financial results, placing us among the leaders in the Canadian industry. While we saw a temporary reduction in yield per plant in Q3 due to temporary changes in growing…

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FridayJul 12, 2019 2:51 pm

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Acquires 49% Interest in Budding Cannabis Industry Disruptor

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, recently reported the completion of its purchase of a 49% interest in Cannova Medical Ltd. The company also holds the option to acquire the remaining 51% interest in Cannova. A recent article discussing the company reads, “Cannova Medical is a provider of innovative solutions for cannabis consumption. Pursuing its interest in investment across all vertically integrated aspects of the cannabis sector, with a focus on strategic revenue generation, Nabis selected Cannova because of its innovative…

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FridayJul 12, 2019 9:33 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Finalizes Acquisition of Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and Blissco Cannabis (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B:GR) on Thursday announced that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement between the two companies. Per the terms of an arrangement agreement dated May 16, 2019, Supreme Cannabis will acquire all issued and outstanding common shares of Blissco. The companies plan to close the acquisition on July 12, 2019. “With the closing of this acquisition, Supreme Cannabis will expand its portfolio to include a consumer-focused brand that specializes in products for…

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ThursdayJul 11, 2019 3:26 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Subsidiary Secures Coveted Standard Processing License

Geyser Brands’ (TSX.V: GYSR) wholly owned subsidiary, Apothecary Botanicals, recently achieved a major milestone when it received its standard processing license, enabling Geyser to advance its brands (http://cnw.fm/8FyOi). An article discussing the company reads, “The new license allows Geyser to begin work to extend its cannabidiol products to the regulated Canadian consumer medical market as the company awaits its sales license. The company’s nano-emulsion technology carries oil and hemp terpene-infused benefits quickly and efficiently into the bloodstream for rapid relief of pain while boosting the body’s general abilities with all-natural ingredients. . . . In keeping with its mission to develop…

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