MondayFeb 11, 2019 9:59 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) to Participate in National Cannabis Roundtable

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) on February 8, 2019, announced its participation in the newly formed National Cannabis Roundtable (“NCR”), a campaign aimed at reforming federal cannabis laws and advocating for a rational legal framework. Former U.S. Speaker of the House John Boehner will serve as honorary chairman of the NCR. According to the update, the NCR public policy team, which includes The Liaison Group, Squire Patton Boggs and HDMK Public Affairs, will advocate for a multi-faceted reform agenda that includes: removal of federal restrictions that prohibit medical research involving cannabis; introduction of solutions…

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FridayFeb 08, 2019 1:03 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Strategically Chooses Acquisition Target Based on Cannabis Industry Trends and Expectations

After careful consideration, Icon Exploration (TSX.V: IEX.H) CEO Rob Fia selected City View Green ("CVG"), a vertically integrated cannabis company incorporated under the laws of Ontario, Canada, as its acquisition target. The company recently signed a formal share exchange agreement relating to its proposed acquisition of CVG, taking a step toward fulfilling IEX.H’s mission to create a well-diversified company that’s able to produce long-term returns for its shareholders and investors. An article further discussing the company reads, “With Icon Exploration’s current focus on the cannabis industry, president and CEO Rob Fia has spent several years surveying industry trends, aiming to…

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FridayFeb 08, 2019 9:57 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Supply Agreement with Ontario’s Sole Legal Retailer for Recreational Cannabis

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has secured a cannabis supply agreement with the Ontario Cannabis Retail Corporation, which operates as the Ontario Cannabis Store ("OCS"). OCS is the only legal retailer of recreational cannabis in Canada's most-populous province. According to the update, online sales launched in October 2018 and, set to begin in April of this year, the OCS will also supply cannabis products to licensed private retail stores across the province. The first 25 retailers that are eligible to apply for cannabis licenses were announced…

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FridayFeb 08, 2019 9:49 am

CannabisNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) Acquisition of GoodFellas to Include Proprietary Simple Brand and User-Friendly Cannabis Kit

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that in addition to the branding and marketing business of Goodfellas Group, LLC, subject to completion of the previously-announced acquisition, the company will acquire its existing in-house brand "Simple". The Goodfellas team, through Simple, has created as a user friendly, smart cannabis package called the Simple Kit(TM) to assist first time consumers to experience cannabis in a positive way. The Simple Kit comes in user-friendly packaging, with a box that can be transformed into a tray when opened, and includes a child proof/waterproof/airtight container/grinder, a portion of cannabis, filter tips, a cannabis…

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ThursdayFeb 07, 2019 2:19 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Subsidiary Secures Key R&D Funding for Oral Nicotine Delivery Using DehydraTECH Technology

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) wholly owned subsidiary, Lexaria Nicotine LLC, recently struck a deal with a large tobacco partner, securing significant R&D financing for the company’s DehydraTECH absorption platform (http://cnw.fm/12hJT).  A recent article discussing the company reads, “Through the agreement, the partner also has the option to provide up to $11 million in additional research through multiple phased private financings to underwrite LXRP’s R&D. In exchange, the partner will receive certain license rights to commercialize these DehydraTECH products exclusively in the United States and non-exclusively elsewhere. The partner, the largest cigarette company in the U.S., will be obligated to…

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ThursdayFeb 07, 2019 12:27 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Utilizes Food Manufacturing Experience to Deliver First-Class Edible Products

As a leading California edibles manufacturer with over 40 years of experience in food manufacturing, Plus Products (CSE: PLUS) (OTCQB: PLPRF) focuses on providing products with unmatched taste and texture that are both compliant and dosable. A recent article discussing the company reads, “Plus continues to launch limited edition products. It recently introduced the fourth limited edition of its market-leading infused gummies – Pink Lemonade. This product is available at select dispensaries in California for a limited time, with a portion of the proceeds from the launch being donated to the National Parks Foundation. Plus Pink Lemonade flavored gummies are…

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ThursdayFeb 07, 2019 10:37 am

CannabisNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Expands Domestic Distribution Coast-to-Coast Across Eight Provinces

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has entered into a supply agreement with the New Brunswick Liquor Corporation to supply recreational cannabis to its retail stores and has been registered as a supplier in the province of Saskatchewan. Per the update, Saskatchewan and New Brunswick are 7ACRES' seventh and eighth provincial partners in addition to British Columbia, Alberta, Manitoba, Ontario, Nova Scotia and PEI. “We're excited to announce that 7ACRES-branded products will be available for adult-use in eight Canadian provinces coast-to-coast,” Supreme Cannabis CEO Navdeep Dhaliwal said in…

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ThursdayFeb 07, 2019 10:20 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Engages First Member of New USA Advisory Team to Focus on Opportunities in CBD and Hemp

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has engaged New Jersey based Wingspan Advisors and Jerry Hug, the current director of global operations for Cloud Commerce, a U.S.-based data driven digital marketing company. Cloud Commerce provides data-driven digital marketing services, content creation and media buying to its clients through its wholly owned subsidiaries Parscale Digital, Datapropria, Giles Design and WebTegrity. Hug will be Redfund’s first advisor to the company’s newly-formed USA advisory team and will assist Redfund in positioning its current loan portfolio of branded products throughout the U.S. The Redfund team will focus…

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ThursdayFeb 07, 2019 9:27 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) to Receive $30M in Additional Capital from Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) this morning announced that it intends to increase its total investment in cannabis-focused investment and operating firm Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) by CAD $30 million. The investment will be made through a private placement of subordinated voting shares in the capital of Canopy Rivers concurrent with Canopy Rivers’ bought deal offering of subordinate voting shares for gross proceeds of approximately $55 million. Upon closing of the investment, which is expected to occur on or about February 27, 2019, Canopy Growth’s ownership of issued and outstanding shares of Canopy Rivers will increase…

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WednesdayFeb 06, 2019 9:33 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Mails SpinCo Unit Warrant Election Forms

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has mailed an election form to all registered TGOD shareholders of record as of January 31, 2019 who have an address of record outside the United States. The election form was sent in reference to the previously announced distribution of unit purchase warrants of TGOD Acquisition Corp. ("SpinCo") per its plan of arrangement with SpinCo. All eligible shareholders of record that wish to receive the SpinCo Unit Warrants must complete the election form and deliver it to Computershare Investor Services…

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