CannabisNewsBreaks

MondayApr 01, 2019 9:39 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives Second Site License from Health Canada

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, James E. Wagner Cultivation Corporation (“JWC”) (TSX.V: JWCA) (OTCQX: JWCAF), has received a cultivation license from Health Canada for its Kitchener-based commercial-scale production facility (“JWC2”). Per the update, reception of this license will result in the launch of the initial phase of JWC2, a 345,000-square-foot production and distribution complex through which JWC intends to roll out more than 130 individual production rooms utilizing its proprietary GrowthSTORM Dual Droplet cultivation platform and methodologies. “While optimizing production methodologies at their already licenced pilot facility, JWC has concurrently built…

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FridayMar 29, 2019 1:41 pm

CannabisNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Looks to Radically Increase Production Capacity Based on Initial Grow Results

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), is eyeing significant potential based on initial grow results at its Toronto production facility. A recent article discussing this reads, “Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage and edibles realm, Sproutly has reached a significant milestone at its production facility in Toronto, called Toronto Herbal Remedies. Notably, the company completed its first two harvests of its premium quality, small-batch cannabis. These batches produced ‘highly efficient yields for an initial grow,’ according Bryan Semkuley, president…

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FridayMar 29, 2019 12:03 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) Utilizes Disruptive Technology for Improved Delivery of Bioactive Compounds

Biotechnology company and drug-delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) utilizes disruptive technology for the improved delivery of bioactive compounds. A recent article discussing this reads, “Lexaria’s technology has been shown to be effective in numerous global studies, significantly assisting rapidity and quantity of absorption for a range of lipophilic (fat-soluble), bioactive molecules. In essence, the company disrupts the manner in which cannabinoids enter the bloodstream through the gastrointestinal tract(http://cnw.fm/7wcPj). Lexaria’s emphasis on oral ingestion provides a practical and often healthier option to other delivery methods for bioactive substances used extensively today. This includes inhalational delivery via smoking.”…

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FridayMar 29, 2019 10:26 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Issues Commentary on Congressional Committee Approval of Cannabis Banking Bill

Royalty company serving the U.S. licensed medical cannabis industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today provided commentary on the announcement of The Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595). On March 28, 2019, the bill was approved by the House Financial Services Committee, and it will now advance to the House floor for deliberation by the full legislative assembly. If passed, the bill will allow financial institutions to legally provide services to cannabis-related businesses operating in compliance with state laws. “This bill represents an important development in the continuing evolution of the industry,” FinCanna Capital CEO…

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FridayMar 29, 2019 10:07 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) to Host Q4 2018 Conference Call and Webcast

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced that it will release its fourth quarter 2018 results after close of the financial markets on April 4, 2019. In addition, the company will host a conference call and webcast to review the results, with a question-and-answer session to follow. The call and webcast are scheduled to take place on Thursday, April 4, 2019, at 5:00 p.m. Eastern Time. Interested parties may access the call via the toll-free number at 1-877-705-6003 or the toll/international number at 1-201-493-6725, and a webcast will be availabile at www.Flowr.ca/Investors. A…

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ThursdayMar 28, 2019 12:18 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Green Light for Ancaster Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that Hamilton City Council approved its settlement offer and will allow TGOD to operate its Ancaster, Ontario cannabis greenhouse upon the Local Planning Appeal Tribunal’s confirmation of the settlement at a meeting scheduled for April 25, 2019. Once complete, the Ancaster combined facilities will have the capacity of growing 17,500 kgs of organic cannabis annually. “This is tremendous news for our company and for the city of Hamilton,” TGODF CEO and Director Brian Athaide said in the news release. “We are a global…

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ThursdayMar 28, 2019 11:34 am

CannabisNewsBreaks – Therma Bright Inc.’s (TSX.V: THRM) (OTC: THRBF) TherOZap(TM) Technology in Final Stage Testing Against Zika Virus

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) this morning announced that it is in the final stages of in vitro testing and awaits the results of the TherOZap(TM) technology against the Zika virus. According to the update, a top research laboratory in Canada is conducting the testing, and Therma Bright expects to report further information as it becomes available. “To date the research lab has done an excellent job following protocol and testing our device with the aim of reporting statistically relevant results,” Therma Bright CEO Rob Fia stated in the news release. “Therma Bright made a…

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ThursdayMar 28, 2019 10:21 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters MOU with Better Choice Company for Exclusive Distribution Rights to CBD Animal Health Products

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a memorandum of understanding ("MOU") with Better Choice Company, Inc. for exclusive Canadian distribution rights to its cannabidiol ("CBD") Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada. Better Choice offers a suite of CBD pet focused products in the form of oils and soft chews under its Bona Vida brand, with several formulations designed to aid the state of good health and well-being in pets. “We are excited that Better Choice has chosen us…

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ThursdayMar 28, 2019 10:15 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Promissory Note with New Portfolio Client, Cannaki Beverage

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with Cannaki Beverage Inc., a Las Vegas, Nevada-based manufacturer of natural and organic functional beverages with core products that include still and carbonated beverages and Nano CBD infused flavored waters. According to the update, Redfund and Cannaki signed the two-year term convertible secured promissory note on March 27th 2019 for $1,000,000 at an annual interest rate of 14 percent. Redfund may convert the note at any time during the term, and the company has a right of first refusal to provide financing to…

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ThursdayMar 28, 2019 9:49 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) President Recognized on High Times’ List of the 100 Most Influential People in Cannabis

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced that its President and Founder John Fowler was recognized on the High Times list of the 100 Most Influential People in Cannabis. A pioneer in the industry, Fowler spent over a decade in the medical cannabis sector as a cultivator, influencer, patients-rights advocate and lawyer prior to founding Supreme Cannabis' wholly-owned subsidiary, 7ACRES, in 2013. Fowler’s vision for 7ACRES was to create Canada's leading premium cannabis flower brand and produce high quality cannabis on a commercial scale and, today, 7ACRES is one of Canada's leading premium brands. Fowler…

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