CannabisNewsBreaks

ThursdayJul 11, 2019 2:40 pm

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Focuses on Expanding Suite of CBD, Hemp-Derived Products

Vancouver-based cannabis company Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) has been diligently working on a strategic initiative to expand its product offerings. A recent article discussing the company reads, “In March 2019, the company announced that it was expanding its offerings through the introduction of Pure and Pure Plus tinctures. Both feature hemp-derived CBD, hemp-seed oil and milk thistle. The tinctures provide relief from inflammation and support for healthy liver and heart function. . . . Wildflower announced that it will continue working on new releases as a part of the company’s ongoing product development efforts. The company has also…

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ThursdayJul 11, 2019 10:39 am

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Announces Cannabis Biopesticide R&D Program with National Research Council Canada

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced that a biopesticide R&D program is underway with the National Research Council Canada (“NRC”). According to the update, the R&D team is conducting a series of efficacy assessments of MustGrow’s patented biopesticide as a natural pre-plant, pre-pot soil treatment for diseases and pests that affect cannabis production. MustGrow intends to seek approval of its natural biopesticide from Health Canada for eventual use by Canada’s licensed cannabis producers. Currently, the R&D program is targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada’s…

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ThursdayJul 11, 2019 10:28 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Partners with American Eagle Outfitters, Inc. (NYSE: AEO) to Provide Specialty Line of CBD-Infused Personal Care Products

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a purchase order from American Eagle Outfitters, Inc. (NYSE: AEO), through which it will sell hemp-derived cannabidiol (“CBD”) infused personal care products in nearly 500 American Eagle stores and online. According to the update, the purchase order represents GGB's third major wholesale agreement since passage of the 2018 Farm Bill. Sales of the products exclusively developed for American Eagle, including a wide assortment of CBD-infused personal care items such as lotions, muscle balms and aromatherapy, are expected to begin in October 2019. “We are very…

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ThursdayJul 11, 2019 9:39 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTC: LXRP) DehydraTECH to be Leveraged Through CBD License Agreement with Universal Hemp

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) today announced its entry into a definitive five-year agreement, via its subsidiary Lexaria Hemp Corp., to provide its patented DehydraTECH(TM) technology to Universal Hemp LLC. Under the agreement, Universal Hemp, a B2B manufacturer of high-performing hemp-derived bulk ingredients to the consumer packaged goods and nutraceutical industries, will utilize the technology in many CBD-based food ingredients to be produced and sold across the U.S. immediately, as well as in Canada when regulations permit. “We are very excited about signing this licensing agreement with Lexaria Bioscience to bring to…

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WednesdayJul 10, 2019 2:15 pm

CannabisNewsBreaks – Why Willow Biosciences Inc. (CSE: WLLW) Is ‘One to Watch’

Alberta, Canada-based Willow Biosciences (CSE: WLLW) is a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates. A recent article discussing Willow Biosciences reads, “The company’s expertise in the esoteric field of biosynthesis and in delivering commercial fermentation pathways for the production of pharmaceutical-grade compounds grew from its origins in opiate research. Willow recently delivered a de novo biosynthesis pathway in yeast for thebaine, a key precursor API used as a feedstock in the manufacture of semi-synthetic opiates such as naloxone (used to reverse opioid overdose) and several common analgesics. Led by chief scientific…

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WednesdayJul 10, 2019 10:52 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Partners with Nic’s Beverages in Definitive CBD Beverage License Agreement

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) today announced its entry into a definitive 5-year agreement, via its subsidiary Lexaria Hemp Corp, with Nic’s Beverages L.L.C. Under the agreement, Lexaria will provide its patented DehydraTECH(TM) technology for use in Nic’s CBD-based beverages to be produced and sold throughout the United States. According to the update, Nic’s Beverages will initially begin production of ready-to-drink cold brew coffees enhanced with CBD from multi spectrum hemp oil. “We are currently in discussions with major wholesale houses and are looking to be in the market by the…

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WednesdayJul 10, 2019 10:42 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Portfolio Company’s Receipt of Five New AGLC Cannabis Retail Licenses

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Tuesday announced that its portfolio company, YSS Corp. (TSXV: YSS) (WKN: A2PMAX), has received five cannabis retail licenses from the Alberta Gaming, Liquor and Cannabis Commission ("AGLC"). Per the update, the five new licenses will operate under the YSS(TM) brand name and are located throughout Alberta. “YSS has made tremendous progress building up their retail presence in Alberta – doubling their current AGLC licensed stores to ten,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “With plans to have all ten stores open by the end of August, this…

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WednesdayJul 10, 2019 9:26 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Collaborates with Lift & Co. Corp. (TSXV: LIFT) (OTCQB: LFCOF) to Bring Brand-Specific Training to Cannabis Retailers

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc, a leading licensed producer of cannabis, this morning announced a collaboration with Lift & Co. Corp. (TSXV: LIFT) (OTCQB: LFCOF) to support the launch of Lift & Co.’s CannSell retail training program. As Canada’s first branded cannabis educational program, CannSell’s retail certification program encourages the responsible sale of cannabis and is offered in seven provinces and one territory. The rollout of the Organigram-branded module began in June. Among other highlights, the module will provide digital training on the company’s innovative three-tiered growing methodology to budtenders across Canada. “Education…

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TuesdayJul 09, 2019 11:32 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Enters Agreement with MXY Holdings to Create ‘360 Degree’ Cannabis Company

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its entry into a securities acquisition and contribution agreement, dated as of July 8, 2019, with, among others, MXY Holdings LLC (“Moxie”). Per the update, a new Ontario limited partnership will be formed, of which GGB will be the general partner (“GGB LP”), will acquire the GGB operating companies and the issued and outstanding units of Moxie, an arm’s length third party, in an all-equity interest transaction. GGB will also, as part of the transaction, be directly acquiring shares of Delaware entities within the Moxie structure, MXY C,…

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TuesdayJul 09, 2019 10:39 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Client Wahupta Signs First USA Extraction System Order

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced that Wahupta Ventures’ wholly owned division, Curran Technologies, has signed its first USA extraction system order with Health Care Industries of Marco Island, Florida, worth $670,000. According to the update, the Curran designed system will consist of four R6 Pro extraction units for the production of both CBD isolate and distillate. “We are working closely with Wahupta management to sign our definitive agreement and help increase their company valuation and revenues. As Canada comes onside with CBD products, few extraction companies in Canada have focused solely on the hemp…

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