CannabisNewsBreaks

ThursdayJun 27, 2019 2:54 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Details Modesto Facility in Video Tour

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently acquired a 196,000-square-foot, self-contained production and distribution facility in Modesto, California. A recent article discussing the company reads, “The Modesto facility will serve as a production hub that enables TransCanna to cultivate and deliver the 15 brands to scale as the company grows over time. TransCanna recently produced an eight-minute video as a quick tour of the facility (http://cnw.fm/aV0Hw), which is part of a larger 5.5-acre property purchase that the company can develop with an additional, still-larger structure to grow its own biomass. As it is, the current facility has space for a significant-sized…

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ThursdayJun 27, 2019 10:04 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Expands Partnership with Abercrombie & Fitch (NYSE: ANF) to Sell Seventh Sense CBD Products in over 160 Stores

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced expansion of its partnership with Abercrombie & Fitch (“A&F”), a division of Abercrombie & Fitch Co. (NYSE: ANF). According to the update, the specialty retailer, which trialed GGB's Seventh Sense Botanical Therapy products in 10 Abercrombie & Fitch locations, will now carry the CBD products in more than 160 A&F stores. The expansion is Green Growth Brands' second major wholesale agreement since the passage of the Agriculture Act of 2018 and includes Seventh Sense's CBD-infused body lotions, muscle balms, lip balms and sugar scrubs. “Abercrombie & Fitch understands…

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ThursdayJun 27, 2019 9:23 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Valleyfield Facility Secures Organic Certification from Pro-Cert

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that its flagship Valleyfield, QC facility has received organic certification from Pro-Cert, a globally recognized leader in organic certification. Upon completion, TGOD's Valleyfield site will be the largest organic cannabis facility in the world with over 1.3 million square feet. “It's exciting to reach new milestones as we begin commercial production. Growing certified organic cannabis at scale is a highly complex process which has taken time, great care and extensive research to refine. Each of our facilities goes through a robust certification process,…

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WednesdayJun 26, 2019 1:28 pm

CannabisNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Building Diversified Cannabis Business

City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., is a vertically integrated, seed-to-sale cannabis company focused on developing a well-diversified business with an emphasis on assessing and potentially acquiring targets in the cannabis industry. An article discussing the company reads, “The company’s application to Health Canada for an Access to Cannabis for Medical Purposes Regulations (ACMPR) license is currently at the in-depth review stage of the licensing process. Based in Toronto, City View (formerly Icon Exploration Inc.) leases a 40,000-square-foot facility in Brantford, Ontario. Upon receipt of its cannabis act license, City View’s production plans include producing high-quality…

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TuesdayJun 25, 2019 10:59 am

CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Enters Joint Development Agreement with Noramco Inc.

Willow Biosciences Inc. (CSE: WLLW), a leading developer of biosynthetic production systems for plant-derived active pharmaceutical ingredients (APIs) and intermediates, in early June announced its entry into an exclusive joint development agreement with Noramco Inc., a leading manufacturer of cannabinoids. Per the update, the two firms intend to collaboratively develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol. Willow further notes that the work conducted through the agreement has the potential to open new and larger markets for CBD and related compounds. “Noramco is a world-class organization with a long history of developing APIs across numerous markets…

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TuesdayJun 25, 2019 10:44 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Wiz Khalifa and KKE Canada to Launch Premium Cannabis Oil

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with Khalifa Kush Enterprises Canada ULC ("KKE"), today launched the first product under the KKE brand line - KKE Oil. According to the update, KKE Oil is a premium, recreational focused product developed for convenience, high THC potency and precise dosing offered by a cannabis oil. "We firmly believe that a high-quality input supports high-quality output and KKE Oil embodies this belief. We are excited to launch one of the first recreational focused cannabis oils in Canada with Wiz Khalifa and the KKE team,” Supreme Cannabis President and Founder John…

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TuesdayJun 25, 2019 10:34 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Acquires 49% Interest in Cannova Medical

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, today announced completion of the purchase of 2,260,500 common shares of Cannova Medical Ltd., a provider of innovative solutions for cannabis consumption. The purchase represents Nabis Holdings’ 49% interest in Cannova with the option to acquire the remaining 51% interest. Based in Israel, Cannova is developing an alternative method for cannabis consumption in the form of a sublingual strip that allows more effective control of dosage quantities. “Our goal for strategic investments at Nabis is…

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TuesdayJun 25, 2019 9:43 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Appoints Proven Consumer Marketing Expert Jann Parish as CMO

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its appointment of Jann Parish as chief marketing officer (“CMO”), effective immediately. Formerly CMO of Victoria's Secret and other global brands, and the recipient of numerous awards, Parish brings to the company brand development, strategic consumer relationship management and digital innovation. “As GGB continues rapid expansion in both the CBD and MSO segments, we are delighted to be bringing Jann, a proven consumer marketing expert, onboard,” Green Growth Brands CEO Peter Horvath said in the news release. “Jann is a master at positioning brands to resonate with consumers.…

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MondayJun 24, 2019 11:55 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a strategic business cooperation agreement with Fantasy Network Ltd. (TASE: FNTS) of Tel Aviv, Israel. Under the agreement, the companies will form the foundation to joint venture business opportunities in the Israeli medical cannabis sector. The signed agreement provides Redfund a framework to access Fantasy’s currently-controlled projects, as well as those under negotiation primarily in Israel. In addition, Redfund will assist Fantasy in licensing patented Israeli medical technology and cannabis delivery systems outside of Israel and provide capital, alongside Fantasy, to medical cannabis businesses. “Israel…

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MondayJun 24, 2019 10:24 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Health Canada Approval for Additional 17 Licensed Cultivation Rooms

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) today announced its receipt of Health Canada approval for the licensing of 17 additional cultivation rooms within its facility’s Phase 4A/4B perimeter. According to the update, approval of the additional licensed cultivation space increases annual target production capacity to 61,000 kg. "Sustainable growth, exceptional quality and constant innovation are the pillars of our overall strategic approach," Organigram CEO Greg Engel said in the news release. "We are proud to continue to increase our physical capacity to meet the needs of cannabis consumers across the country while also bringing new thinking and technology to…

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