FridayApr 05, 2019 3:31 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Delivers First-Class Cannabis Products

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) through its licensed producer subsidiary 7ACRES focuses on providing high-quality cannabis products. A recent article discussing the company reads, “The company’s flagship brand is 7ACRES, which is its licensed producer subsidiary that operates a 440,000-square-foot facility in Kincardine, Ontario. The 7ACRES subsidiary received Brand of the Year recognition at the 2018 Canadian Cannabis Awards presented by Lift & Co (TSX.V: LIFT). (http://cnw.fm/WAE1e). Headquartered in Toronto, Ontario, Supreme Cannabis focuses on serving its customers with premium product quality and advancing its mass cultivation capability. To view the full article, visit http://cnw.fm/lTK3g About Supreme…

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FridayApr 05, 2019 2:54 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Technology Revolutionizes CBD Delivery

Biotechnology company Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) innovative drug-delivery platform DehydraTECH(TM) alters the way cannabinoids enter the bloodstream, which results in increased absorption. A recent article discussing LXRP reads, “Its proprietary technology promises multiple advantages in cannabinoid edibles. First, it masks the undesirable taste typically found in cannabinoid edibles, eliminating the need to add sweetening agents and enabling sugar-free options. Second, it increases the product’s absorption rate, with absorption occurring at two- to five-times higher rates than other edibles. Finally, it reduces the time of onset; effects of the product are felt within 15–20 minutes of consumption rather than…

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FridayApr 05, 2019 2:48 pm

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Increases Stake in Mary’s Wellness Ltd. through Equity-for-Debt Swap

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) recently completed an equity-for-debt swap, converting its C$100,000 loan to Mary’s Wellness Ltd. into equity. A recent article discussing the company reads, “The equity-for-debt swap converts C$100,000, extended to Mary’s Wellness Ltd. (“MWL”) as the first tranche of a convertible secured promissory note, into equity (http://cnw.fm/yUYY4). Late in 2018, Redfund agreed to provide C$1 million of debt financing to Mary’s Wellness Ltd, under a promissory note, with the option to convert in part or its entirety at Redfund’s discretion at any time during the term. The remaining C$900,000 remains covered by the promissory…

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FridayApr 05, 2019 2:45 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Strengthens Commitment to Clean Cannabis Production with Additional Organic Certification

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, recently received its second organic certification at its Hamilton facility. A recent article discussing the company reads, “Organic certification is a big deal for TGOD, big enough for the company to enshrine the concept in its name. Organic cultivation leads to a cleaner product — one free of synthetic fertilizers and pesticides, which can pervert natural growth processes. In May 2018, TGOD’s facility based in Ancaster, Ontario, received organic certification from Ecocert Canada, an internationally recognized world-leading organization in organic certification. Ecocert is one of…

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FridayApr 05, 2019 12:04 pm

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) Closes C$16 Million Brokered Private Placement

Canada-based cannabis company TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) late Thursday announced that it has closed its previously detailed and upsized brokered private placement of units, generating gross proceeds of C$16 million. Per the update, an aggregate of eight million units of the company were sold at a price of C$2.00 per unit, with each unit comprised of one common share of TransCanna and one half of one common share purchase warrant. TransCanna intends to use the net proceeds of the offering to fund an $8 million down payment for its proposed acquisition of a 196,000-square-foot cannabis facility. The…

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FridayApr 05, 2019 10:22 am

CannabisNewsBreaks – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt: YG3) Engages The Design Spot to Further Position in $22B Hemp and CBD Industry

The Yield Growth (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt: YG3) on Thursday announced its appointment of specialist New York Agency The Design Spot for strategic graphic design counsel from overall brand direction to packaging, merchandising and point-of-sale deliverables. According to the update, this move to promote stand-out visual identity and branding is vital to differentiate in the growing hemp-CBD market, which could reach $22 billion by 2022 according to a new estimate from cannabis industry analysts the Brightfield Group. The Design Spot and its team of award-winning designers was chosen for notable experience with an emphasis on skin care, hair care,…

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FridayApr 05, 2019 9:32 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Releases Q4 and Full Year 2018 Results

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced its results for the fourth quarter and full year ended December 31, 2018. According to the update, the company sold nearly 406 kgs of premium cannabis despite having only 20 percent of its Kelowna 1 grow rooms operational in the fourth quarter of 2018. In addition, Flowr reported gross revenues of C$3.3 million and net revenues of C$2.9 million, realizing an average net price of C$7.08/gram after receiving its sales license in August 2018, and broke ground on the first-of-its-kind 50,000 square foot R&D Facility in partnership with The Scotts Miracle-Gro…

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ThursdayApr 04, 2019 3:12 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Fostering Innovation in the Cannabis Industry

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), recently acquired Infusion Biosciences to bring to market its patent-pending aqueous phytorecovery process (“APP”) technology. A recent article discussing the technology reads, “Fundamentally, Sproutly Canada is uniting advanced cannabis cultivation and transformational technologies to redefine the cannabis industry. It is replacing traditional water-compatible solutions with true natural water solubility. This improves the body’s ability to use cannabinoids and makes the effect of cannabis almost instantaneous. . . . The APP technology maintains stability without altering cannabis compounds. Additionally, the technology provides offset and onset times that mirror the…

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ThursdayApr 04, 2019 9:31 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Mango CBD Relief Product Containing 90mg CBD and 10mg THC

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced the launch of its newest “Mango CBD Relief” product, which, in each gummy, contains 4.5MG of CBD and .5MG of THC. The new product is already available at some of the more than 250 California retailers that carry the PLUS product line. “Mango CBD Relief is a reimagining of what it means to deliver a high quality CBD experience. As one of the leading brands in California, the largest cannabis market in the world, PLUS is in a unique position to test products at scale,” PLUS CEO…

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WednesdayApr 03, 2019 2:28 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Hires Renowned Chef to Develop Edible Cannabis Products

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian cannabis cultivation firm, recently announced that it would be hiring Canadian chef Ryan Reed to assist in the development of signature edible cannabis products. The company plans to launch the gourmet edible cannabis products in the last quarter of 2019. A recent article discussing the company reads, “Ryan Reed is an Iron Chef and Chopped winner. He won the ‘Victoria Chef of the Year’ award in 2011. As part of the collaboration with Flowr, Reed will work with the company’s research and development team to create new, high-quality cannabis edibles. The…

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