CannabisNewsBreaks

FridayJan 25, 2019 9:58 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Hires North America’s First Cannabis Cultivation PhD in R&D Team Expansion

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) today announced that it has hired Deron Caplan as its director of plant science. Dr. Caplan is the first person in North America to earn a doctorate in philosophy with research focused on cannabis production, earning his degree from the University of Guelph in August 2018. He has written numerous scientific journal articles on cannabis and was the primary author of the first peer-reviewed paper on indoor cannabis production published in North America. Dr. Caplan has provided expert commentary on cannabis for a variety of national…

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FridayJan 25, 2019 9:30 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Finalizes Definitive Agreement with Knud Jepsen to Establish Two European Joint Ventures

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has entered into a definitive agreement with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”) to establish two 50/50 joint ventures (“JVs”). The first JV is designed for producing commercial cannabis and cannabis oils, and the second is intended to develop and patent advanced, commercially valuable elite cannabis genetics. The companies will establish both JVs in Denmark, and plan to expand the production JV into future low-cost European jurisdictions. Per the agreement, the companies will launch a premium organic European bulk cannabinoid…

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ThursdayJan 24, 2019 10:47 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and SpinCo Receive Approval on Plan of Arrangement, Announce Distribution Record Date

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) together with its wholly-owned subsidiary, TGOD Acquisition Corporation ("SpinCo"), today announced receipt of approval from the Ontario Superior Court of Justice for the previously announced plan of arrangement. Under the terms and conditions of the arrangement agreement between TGOD and SpinCo, TGOD will distribute to TGOD shareholders unit purchase warrants of SpinCo. The TGOD board of directors has established January 31, 2019 as the record date for the distribution and, pursuant to the agreement, at which time each TGOD shareholder of record who confirms they are…

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ThursdayJan 24, 2019 9:59 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Begins Trading on the OTCQB Venture Market

Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has received approval for the company’s shares to trade on the OTCQB® Venture Market under the symbol “PLPRF” starting January 23, 2019. Per the update, the company also applied for eligibility for book-entry delivery and depository services of the Depository Trust Company (“DTC”), to enable electronic settlement of transfers of its shares in the United States. The method accelerates the receipt of stock and cash and fast-tracks the settlement process for investors, enhancing the company’s potential investor base. PLUS will deliver confirmation when, and if, it has been granted…

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ThursdayJan 24, 2019 9:21 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Health Canada Approval to Open Additional Grow Rooms at its Kelowna 1 Cultivation Facility

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer (“LP”) of premium cannabis products, this morning announced that it has attained approval from Health Canada to open additional grow rooms at its Kelowna 1 cultivation facility. Flowr expects to commence growing in some of the rooms immediately, doubling its current capacity and bringing the facility to 50% completion by increasing the total number of rooms in operation to 10. Upon completion, which is anticipated by the third quarter of this year, the 85,000 square foot facility is expected to have a total of 20 grow rooms and produce…

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WednesdayJan 23, 2019 11:11 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Engages Purple Crown Communications for IR Services

TransCanna Holdings (CSE: TCAN) today announced that it has engaged Purple Crown Communications Corp. of Vancouver to act as its investor relations consultant, subject to regulatory approval of applicable filings with the Canadian Securities Exchange. Per the update, Purple Crown will assist TransCanna in broadening its shareholder base and creating effective communications with shareholders and potential investors. TransCanna has retained Purple Crown at a monthly fee of $7,000 for a twelve-month term, thereafter renewable on a monthly basis on mutual agreement. Purple Crown does not have any interest, directly or indirectly, in TransCanna or its securities with exception to the…

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TuesdayJan 22, 2019 10:06 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Equity Investment in Adult-Use Cannabis Beverage and Edibles Brand

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of an equity investment in 10663522 Canada Inc. (“Herbert”), a unique brand platform focused on the adult-use cannabis beverage and edibles market. Canopy Rivers subscribed in Herbert for CAD $1,500,000 of preferred shares and received incremental warrants that entitle RIV to certain governance-related rights and the ability to increase its economic interest in Herbert under certain circumstances. “Herbert represents an opportunity for Canopy Rivers to be invested at a very early stage in a company focused on the adult-use cannabis beverage and edible product segment,” Canopy Rivers President Narbe…

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TuesdayJan 22, 2019 10:00 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Approved for Trading on the Frankfurt Stock Exchange; Appoints New Director

TransCanna Holdings (CSE: TCAN) announced on Monday that the company has been approved for trading on the Frankfurt Stock Exchange (XETR) under the listing TH8. In addition, TransCanna announced that Arni Johannson has accepted a seat on its board of directors. Johannson’s background includes extensive experience with operating and investing in emerging publicly traded companies. “We're excited with the ability to increase our shareholder base by being able to trade TransCanna on the Frankfurt Exchange,” TransCanna CEO Jim Pakulis stated in the news release. “We're also very pleased that Arni has agreed to join the board and assist in TransCanna's…

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FridayJan 18, 2019 1:22 pm

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Builds Strong Portfolio Throughout 2018

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) advanced throughout 2018 by employing a business strategy to create the foundations of a loan portfolio that produces revenue with monthly interest income and that also produces value for shareholders. A recent article discussing the company reads, “In 2018, the company extended funds for five signed promissory notes. In addition, Redfund had 11 companies in the pipeline at various stages of due diligence. As of November, the Redfund loan portfolio consists of Winterlife, Mary’s Wellness, RxMM Health Care, Biominerales Pharma Colombia and Biolog Inc. . . . Based on its strategy, Redfund…

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FridayJan 18, 2019 12:06 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Holds Strategic Advantage Thanks to Costs, Products

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a vertically integrated Canadian company producing premium cannabis products, holds a strategic advantage over larger companies as the impending supply glut approaches, thanks in part to its low operating costs and irradiation-free products. An article discussing the company reads, “The up-and-coming company was featured in a recent article on The Motley Fool. The article described an upcoming supply glut in the cannabis industry, rumored to hit by 2020. A supply glut occurs when supply far surpasses demand for a product, and typically, companies lower costs to remain competitive. . . . What will…

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