CannabisNewsBreaks

FridayJan 04, 2019 9:28 am

CannabisNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Retains Hybrid Financial Ltd. for IR Services

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) recently announced that it has retained Hybrid Financial Ltd., a marketing and retail distribution services company, to provide certain investor relations (“IR”) services for an initial term of six months. Canopy Rivers will pay Hybrid a monthly fee of CAD $14,000, and has granted Hybrid options to purchase up to 120,000 shares of the company at a price of $3.50 per share. Starting three months after the grant, the options shall vest in quarterly increments and will expire within 12 months of the grant, except for the final tranche, which expires three months following…

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ThursdayJan 03, 2019 2:30 pm

CannabisNewsBreaks – Therma Bright, Inc.’s (TSX.V: THRM) (OTC: THRBF) Revolutionary Products Designed to Relieve Pain, Symptoms of Bites and Stings

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) is focused on serving the cosmeceutical industry through its innovative products, devices and treatments that address dermatological needs. A recent article discussing the company’s offerings reads, “Another of ThermaBright’s revolutionary products is TherOZap. This device uses thermal therapy as a second line of defense against insect bites. The device is used to relieve the pain, itch and swelling that can result from more than 20,000 types of insect and marine life bites and stings. These includes bees, wasps, hornets, mosquitos, black flies and jellyfish. Plans are in place to test…

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ThursdayJan 03, 2019 9:56 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Commercial Sublicense with EnWave Corp. (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY) to Use REV Technology in Drying Cannabis

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its entry into a royalty-bearing commercial sublicense with EnWave Corporation (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY). EnWave is developer of the  proprietary Radiant Energy Vacuum ("REV") technology, an innovative method for the precise dehydration of organic materials, and Tilray is its licensed partner with an exclusive right to use and sub-license EnWave's proprietary REV technology in Canada.  Under the agreement, TGOD will be granted the right to use EnWave's proprietary REV dehydration technology in its Canadian operations to dry organic cannabis.…

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ThursdayJan 03, 2019 9:18 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Secures California State Temporary Distributor License

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has been issued its “Adult-Use and Medicinal – Temporary Distributor License” in the state of California. Refined Resin already holds its temporary manufacturing license in the state and has submitted its application for its annual license. “We are pleased to see the timely acquisition of the necessary licenses as the Refined Resin team completes the regulatory requirements for commercial operations,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “We look forward to a prosperous 2019 both for the…

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WednesdayJan 02, 2019 11:35 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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WednesdayJan 02, 2019 11:20 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

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FridayDec 28, 2018 2:11 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Anticipates Growth as it Works to Reach Full Capacity

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a Cannabis-focused research and development company, believes 2019 will be an excellent year for company growth as it works to reach an output of at least 170,000 kilograms per year. TGODF’s first crop will be delivered in January to select patients. An article discussing the company reads, “The Green Organic Dutchman landed among the list of top growers, because it expects to approach 200,000 kilograms in annual yield during 2020, when at full capacity. A news release issued earlier this month in response to the annual general meeting of the company’s…

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WednesdayDec 26, 2018 3:02 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) New Laboratory Construction Advances Rapidly

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a biotechnology company and drug delivery platform innovator, has submitted a Health Canada research application for a license to allow in-house research to be conducted at its Kelowna-based laboratory. A recent article further discussing the company reads, “Lexaria submitted its research application under Health Canada’s Cannabis Tracking and Licensing System for the operation of a research and development (R&D) laboratory to work with cannabinoids within the company’s new Kelowna head office, now under construction. In fact, Lexaria will commence experimental work on nicotine formulations, NSAIDs, vitamins and other bioactive compounds of interest after the…

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FridayDec 21, 2018 9:27 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Applauds the Passing of the 2018 Farm Bill; Appoints New Member to Board of Directors

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) recently commented on the successful passing of the 2018 Farm Bill. The bill removes hemp from the Controlled Substances Act, enabling the commercial cultivation and production of industrial hemp in the United States. “The passing of the 2018 Farm Bill clarifies hemp production and will bolster the growing acceptance of hemp-derived products containing CBD,” Phivida Holdings President and CEO Jim Bailey stated in the news release. “In particular, we expect it will have a positive impact on both of our Vida+ brand (www.HempVidaPlus.com) and Oki lifestyle brand of beverages, tinctures and…

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ThursdayDec 20, 2018 3:35 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Reaches Key Milestones Throughout 2018

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a Cannabis-focused research and development company, detailed several of the accomplishments it has achieved throughout 2018 in recent company updates and announcements. An article discussing the company’s successes reads, “Through the year, the company continued constructing its Hamilton, Ontario, and Valleyfield, Quebec, facilities. In the third quarter of 2018 alone, TGOD deployed $33 million in capital expenditure for this purpose. The company has also focused on optimizing commercial cultivation at its operational facility in Hamilton. The development of five new strains for placement on both the medical and the recreational markets…

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