CannabisNewsBreaks

MondayJun 24, 2019 9:44 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Releases 2019 Annual and Special Meeting Results

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced the results of its 2019 annual and special meeting. Held on June 20, 2019, there were 43,217,711 company shares represented in person or by proxy at the meeting, constituting 55.1 percent of Lexaria's issued share capital as of May 3, 2019, the record date of the meeting. The matters voted upon included board member elections, the appointment of Davidson & Company LLP as auditors, approval of the company’s equity incentive plan and executive compensation, and the timeline for approval of executive compensation going…

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FridayJun 21, 2019 2:13 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Continues to Demonstrate Effectiveness in Lab Testing

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) patented drug-delivery platform, DehydraTECH, has exhibited continued success in recent animal lab tests by delivering cannabinoids to the bloodstream faster than conventional cannabinoid formulations (http://cnw.fm/YT1r4). A recent article discussing the company reads, “Lab tests and actual licensed use in the cannabis industry have proved that DehydraTECH’s long-chain fatty acid (“LCFA”) formulation is able to deliver cannabinoids faster than formulations with medium-chain triglyceride (“MCT”) oils, such as coconut oil. DehydraTECH also offers the most advanced flavor and aroma-profile masking techniques in the industry. The groundbreaking technology could negate the need for artificial chemical masking agents or…

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FridayJun 21, 2019 2:03 pm

CannabisNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Establishing its Position as a Leading Supplier of Water-Soluble Cannabis Solutions

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis consumer products, is working toward its goal to establish itself as the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles. A recent article discussing SRUTF reads, “The company’s chief science officer, Dr. Arup Sen, reviewed recent accomplishments in an interview with InvestorIdeas.com that featured the company’s technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution (http://cnw.fm/uPEk7). . . . ‘We will be pretty much standing alone in the field of making beverages that will include…

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ThursdayJun 20, 2019 3:20 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Employs Aggressive Expansion Strategy

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., has deployed an aggressive growth strategy to expand throughout the US from its headquarters in Washington, resulting in new operations in Oregon and California, with plans to continue growth into other states throughout 2019. An article further discussing the company reads, “‘I refer to IONIC Brands Corp. as an upstart company now, not so much a startup,’ CEO and Board Chairman John Gorst stated in an April interview (http://cnw.fm/bnP7p). ‘We’re working to develop hard systems that run our businesses regionally and eventually nationally with the…

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ThursdayJun 20, 2019 3:09 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Extends Market Reach Beyond California

Through a partnership agreement with TapRoot Holdings, California-based Plus Products (CSE: PLUS) (OTCQB: PLPRF) has expanded its market reach to include Nevada. An article further discussing PLUS reads, “The company has entered into a definitive partnership agreement with TapRoot Holdings Inc., which holds seven retail licenses in Nevada and has a deep understanding of the Nevada market (http://cnw.fm/CPlm2). . . . PLUS entered Nevada with the recent debut of its low-dose mints in dispensaries. PLUS said that it hopes to replicate in Nevada the success it’s achieved in California. In California, PLUS sold more than one million units in 2018, earning the…

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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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