CannabisNewsBreaks

FridayMay 10, 2019 1:47 pm

CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Anticipates Massive Yield Increase for Third Harvest

Consumer healthcare company Geyser Brands (TSX.V: GYSR) recently announced its successful first test harvest and second harvest as a cannabis cultivator in accordance with Health Canada’s license to cultivate. The company anticipates a 200% yield increase over the first two harvests for its third harvest, which is currently in the ground. A recent article discussing the company reads, “Geyser Brands is a British Columbia-based company producing consumer health care products and brands through a formulation laboratory focused on enhancing the bioavailability and shelf stability of all-natural, hemp-derived cannabidiol (CBD) products. The company’s proprietary NanoFusion technology is at the heart of…

Continue Reading

FridayMay 10, 2019 12:47 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Anticipates Upsurge in Production Capacity

Canadian-licensed producer the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) expects construction at its cultivation facility to be complete by the third quarter of 2019, rising its annual production capacity to 10,000 kilograms. An article discussing the company reads, “The Flowr cultivation facilities feature proprietary, patent-pending systems designed to consistently generate high crop yields. The 84,000-square-foot flagship Kelowna 1 facility is located on a seven-acre property in Kelowna, British Columbia. The facility is engineered to meet pharmaceutical industry production standards for cleanliness. . . . Currently, 10 of the Kelowna 1 grow rooms are licensed for use. Eight rooms are propagated…

Continue Reading

FridayMay 10, 2019 12:29 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employs Proprietary Technology to Launch Cannabis Beverage JV

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) recently entered a joint venture (“JV”) with Moosehead Breweries to launch a cannabis-infused beverage line in Canada. An article discussing the partnership reads, “The joint venture’s product line will utilize Sproutly’s proprietary Infuz2O water-soluble cannabis formulation to create a truly natural cannabis beverage experience that serves as an alternative to alcoholic products. The Infuz2O technology is expected to grant the beverages a rapid onset and offset time similar to traditional flower cannabis, for an immediate, controllable and good-tasting recreational cannabis experience lasting up to 90 minutes. Traditional cannabis oils, on the other…

Continue Reading

FridayMay 10, 2019 9:39 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Subsidiary Expands Cannabis Product Sales to Alberta

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets, this morning announced that its wholly-owned Canna Farms Limited subsidiary has successfully completed registration with Alberta Gaming, Liquor & Cannabis (“AGLC”) to supply the Province of Alberta with its premium cannabis products. Canna Farms is presently preparing its initial shipments for immediate delivery to AGLC. “We are very excited to bring our premium products to the Alberta consumer market, one of the strongest in Canada, and fill some of the current industry supply gaps while continuing to expand our…

Continue Reading

ThursdayMay 09, 2019 3:05 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Strengthens Executive Management Team

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) named Jon Paul as its new CFO in April, replacing Craig Heimark, who has been appointed to the role of the company’s chief strategy officer. Heimark will continue to serve as chairman, secretary and director of the company  (http://cnw.fm/JiuG7).  A recent article discussing the executive team update reads, “Paul has more than 30 years of experience in senior financial management. PLUS co-founder and company CEO Jake Heimark said in a news release that Paul brings with him invaluable knowledge of global financial strategy, robust systems and procedures and strategic planning…

Continue Reading

ThursdayMay 09, 2019 11:41 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) PharmHouse Enters Significant Supply, Offtake Agreement with Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its 49 percent-owned portfolio company, PharmHouse Inc., has entered into a second offtake agreement with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) for the purchase of cannabis from its 1.3 million square foot greenhouse facility upon licensing. According to the update, the agreement commits an additional 20 percent of PharmHouse's flowering space, in addition to the 10 percent originally committed in May 2018, to Canopy Growth for the next three years. The agreement provides for the delivery to Canopy Growth a minimum of 25,000 kg and maximum of 45,000 kg of…

Continue Reading

ThursdayMay 09, 2019 10:42 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) to Expand Into Pet CBD Category with Launch of New Hemp-Derived Product Line

Premium functional food and beverage company Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced its plans to launch a range of hemp-derived CBD pet products. According to the update, Phivida's new product offerings will be consistent with the company’s strong focus on providing consumers with healthy alternatives to pharmaceuticals, and fully natural and plant-based health and wellness solutions. “Our mission is to provide the highest quality Hemp CBD natural wellness products for our consumers,” Phivida president and CEO Jim Bailey stated in the news release. “By expanding into the pet CBD category, our goal is to provide pet owners…

Continue Reading

ThursdayMay 09, 2019 10:30 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Agreement with Persuasion Brewing Co. to Produce CBD-Infused Beverages

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced its entry into a non-binding letter of intent (“LOI”) with Persuasion Brewing Co., a Modesto, California-based private brewing company. According to the update, the companies have agreed to establish, within TransCanna’s recently purchased 196,000-square-foot vertically integrated facility, a Persuasion Brewing division that will produce a variety of CBD-infused non-alcoholic beers. Under the LOI, TransCanna will have exclusive rights to the private labeled beers created at the facility. “Our 196,000-square-foot vertically integrated, cannabis-focused facility is perfectly designed to have a comprehensive bottling and canning line for multiple types of beverages,” TransCanna CEO Jim…

Continue Reading

ThursdayMay 09, 2019 9:49 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Obtains Supply Agreement with British Columbia Liquor Distribution Branch

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has obtained a cannabis supply agreement with the BC Liquor Distribution Branch ("BCLDB"), under the brand BC Cannabis Stores. The agreement with British Columbia's public retailer of non-medical cannabis was negotiated in collaboration with Velvet Management Inc. “With very positive feedback on TGOD products from our British Columbia medical patients, we are excited to offer our premium certified organic products to the recreational market,” TGODF CEO Brian Athaide stated in the news release. “As our two Canadian production facilities come…

Continue Reading

TuesdayApr 30, 2019 12:00 pm

CannabisNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) City Cannabis Acquisition to Include Cambie Street Location

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that the city of Vancouver has approved and issued a building permit for City Cannabis Co’s 2317 Cambie Street location, which will be included in Wildflower’s previously-announced and pending acquisition of the company. Per the update, with the City of Vancouver’s letter of recommendation to the Provincial Liquor and Cannabis Regulation Branch, City Cannabis is on track for the targeted opening of its third Vancouver location in Summer 2019. “City Cannabis is the first multiple location operator to come out of British Columbia and has a proven track record in opening and…

Continue Reading