CannabisNewsBreaks

TuesdayJan 29, 2019 9:50 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) JV Partner Secures Cultivation License for Denmark Operations

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that its joint venture (“JV”) production partner, Knud Jepsen, has received an initial cannabis business authorization from the Danish Medicines Agency, the government body responsible for issuing cannabis related licenses. According to the update, the license will allow Kund Jepsen to begin immediate importation of starting materials and research and development related to the creation of elite cannabis genetics. Under the terms of the completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this license…

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TuesdayJan 29, 2019 9:30 am

CannabisNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Premium Cannabis Products Become Available for Purchase in Manitoba

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), through its subsidiary The Flowr Group (Okanagan) Inc. (collectively “Flowr”), this morning announced that the company’s premium cannabis products are now available for purchase through licensed private retailers in Manitoba. This brings the total number of provinces the products are sold in to five, with the company securing previous sales agreements in British Columbia, Nova Scotia and Ontario as well as sales through a private dispensary in Saskatchewan. “We’re proud to have Flowr brand cannabis available to consumers in Manitoba and to be working with Manitoba Liquor & Lotteries. Making Flowr’s products available…

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MondayJan 28, 2019 2:34 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) Recognized as a Leader in a Budding Sector of the Marijuana Industry

Plus Products (CSE: PLUS) has made a name for itself in California as the state’s leading cannabis-infused edibles brand. An article discussing the company reads, “Cannabis-infused food and drink has been a growing sector of the marijuana industry, particularly in California, as legalization legislation has moved slowly through both the country and the world. In 2017, consumers in the Golden State purchased $180 million worth of cannabis-infused food and drink (10 percent of the state’s total marijuana sales). That percentage grew to 18 percent in February 2018, and with the increasing quality and innovation seen with baked good edibles, that…

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MondayJan 28, 2019 9:44 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Receives Health Canada Approval to Increase Production Capacity

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that 7CRES, its wholly owned subsidiary, has received Health Canada approval to begin cultivating approximately 30,000 square feet of additional flowering rooms at its Kincardine, Ontario facility. According to the update, this raises the total flowering room space to 120,000 square feet (from 90,000 square feet) and increases 7ACRES' annual production capacity estimate to 17,500kg (from approximately 13,300kg). The facility’s potential capacity is expected to reach approximately 50,000kg per year due to increased production efficiencies and the completion and licensing of all 25 flowering rooms. In…

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MondayJan 28, 2019 9:20 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Update on Proposed Operations in Greece

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Ltd., a cannabis-focused research and development company, this morning issued an update in which it comments on a recent news release from the Greek Ministry of Agriculture concerning the company’s proposed Greece operations. Per the release, TGOD has been in communication with various Greek Ministries, including the Ministry of Rural Development and Food, since early 2018, and it is currently awaiting a license for the production of medicinal cannabis in the Mediterranean nation. This morning’s update goes on to note: “The Company and the Greek Government have had advanced discussions…

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FridayJan 25, 2019 4:09 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Patented Drug Delivery Platform Could Revolutionize Nicotine Delivery

Biotechnology company and drug delivery platform innovator Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) technology is patent protected for cannabidiol and all other nonpsychoactive cannabinoids. The company also currently has patents pending for THC, nonsteroidal anti-inflammatory drugs (NSAIDs), nicotine, other psychoactive cannabinoids and other molecules. An article discussing the company reads, “Lexaria Bioscience has 10 patents granted with over 50 patents pending. Four of the granted patents focus on the delivery of nicotine. The company is not partnering with the tobacco industry. However, Bunka informed that Lexaria is exploring the potential use of its DehydraTECH technology to help people stop smoking.…

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FridayJan 25, 2019 3:24 pm

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Aims to Finish 7ACRES Flowering Rooms by March

The Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently provided an update regarding 7ACRES construction, reporting that 19 flowering rooms have been completed. The six remaining flowering rooms are expected to be ready by March 2019. An article discussing the company reads, “Under the updated timeline provided by Supreme Cannabis, three additional flowering rooms will become operational in January, and following completion of all 25 flowering rooms in March, the primary office and administrative areas will be finalized by the end of the first half of 2019. . . . The estimated annual output of Supreme Cannabis Company’s…

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FridayJan 25, 2019 2:37 pm

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Portfolio Companies Partner to Exploit the North American Cannabis Market

Mary’s Wellness Ltd. and Winterlife Inc., two portfolio clients of Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4), recently created a strategic alliance for a global cannabis product launch as recent developments in the North American cannabis market present new opportunities. An article discussing the partnership reads, “The partnership between Mary’s Wellness and Winterlife will first launch Mary’s Wellness, a well-known Canadian tea brand, in the U.S. The Mary’s Wellness product range is extensive. It includes a Sleep & Relax Tea, as well as teas in the following flavors: Bella Coola, berry berry, chai, chamomile, earl grey, Echinacea, green tea,…

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FridayJan 25, 2019 1:23 pm

CannabisNewsBreaks – PharmaCielo Ltd. (TSXV: PCLO) Starts Trading on the TSX Venture Exchange; Provides Outlook for Fiscal 2019

PharmaCielo (TSXV: PCLO) recently announced that it commenced trading on the TSX Venture Exchange ("TSXV") under the symbol "PCLO" on January 18, 2019. The company’s news release also provided an outlook for fiscal 2019. Among other highlights, PharmaCielo plans to scale its area under current cultivation from 5.3 hectares of open-air greenhouse to roughly 20 hectares; solidify relationships with distributors and end-product manufacturers in certain international jurisdictions to bring products to market; and begin cannabis oil product sales in key markets to generate revenue. “2019 will be an exciting year for PharmaCielo shareholders. We have constructed a platform with the…

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FridayJan 25, 2019 12:18 pm

CannabisNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Set to Benefit from Changes in Cannabis Industry via Reverse Takeover

Icon Exploration (TSX.V: IEX.H), through its pending reverse takeover of City View Green, has ideally positioned itself to capitalize on the recent shifting of both laws and attitudes regarding cannabis. An article discussing the company reads, “Icon Exploration is building its portfolio with a reverse takeover of private company City View Green, an applicant for Canada’s licensed producer designation that expects to complete a 40,000-square-foot cultivation facility near Toronto for pharmaceutical-grade cannabis once the government green lights the application. Another 4.3 acres at the location is being held for possible exponential upscaling with an additional 125,000 square feet of farm…

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