CannabisNewsBreaks

ThursdayDec 13, 2018 9:26 am

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

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has achieved its California state Temporary Manufacturing License for Adult and Medicinal Cannabis Products. The conditional license permits Refined Resin to engage in commercial cannabis activity and positions it to submit for its annual license by the end of the year. Refined Resin’s previously submitted Oakland City Building Permit to refit its 6,000 square foot manufacturing facility for full production is also expected by Dec. 31, 2018. Construction at the facility is anticipated to be completed roughly 90 days from approval and…

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WednesdayDec 12, 2018 9:29 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Announces Strategic Alliance Between Two Portfolio Clients

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning announced the formation of a strategic alliance between two of its portfolio companies, Winterlife Inc. and Mary’s Wellness Ltd., to begin a global cannabis product launch. The two companies are working together to first launch Mary’s Wellness, a well-known Canadian tea brand, into the US. In addition to a planned Canadian introduction once CBD edibles are permitted in the country, Winterlife is also working on its own massive US expansion by branding a new suite of Winterlife CBD products. “The emphasis on globalization for Mary’s Wellness signals Redfund’s commitment to…

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TuesdayDec 11, 2018 3:42 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Brings Widespread Market Reach to Fruition in Canada

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a Canadian licensed cannabis producer primarily focused on premium brands and products, has secured an impressive market reach spanning six Canadian provinces. A recent article discussing the company reads, “The company has also achieved success in lining up distribution channels in the adult-use recreational cannabis market, selling directly to consumers in six Canadian provinces, including Ontario. Its agreement to supply market leader Tilray with product for medical cannabis patients in Canada gives 7ACRES a big-league connection, and the company’s international potential is forming around a recent partnership agreement and 10 percent…

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TuesdayDec 11, 2018 10:30 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Names Covet Public Relations as PR Agency of Record

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the appointment of Covet Public Relations (“PR”) as its national U.S. public relations agency of record, effective immediately. The award-winning PR agency, led by Founder and CEO Sara Brooks, will oversee the company’s communications to support and raise the visibility of its Oki lifestyle brand. The company recently launched the line of functional beverages and supplements infused with active hemp extract (www.FeelOki.com). “We are very excited to be partnering with an agency of Covet PR's pedigree in the CPG space,” Phivida Holdings CMO Mike Cornwell stated in the…

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MondayDec 10, 2018 10:21 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Announces Resignation of Natural Health Services Ltd. President

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced the resignation of Daniel Vass as president of Natural Health Services Ltd. (“NHS”), a wholly owned subsidiary of Sunniva. Vass also resigned as director of the company, and both resignations are effective immediately. "We thank Dan for his contribution to the Company over the past two years and wish him well in his future endeavors,” Chairman and CEO Dr. Anthony Holler stated in the news release. “The Company will ensure that the necessary plans are put in place to effect a smooth transition.” Medical Director Dr. Mark…

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MondayDec 10, 2018 9:35 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expanding Personnel, Issues Stock Options

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced that it is expanding to hire new personnel and will be issuing stock options. Per the update, Lexaria is in the process of appointing a new corporate controller, head of its legal division and other office staff, and, in 2019, it expects to hire additional laboratory personnel with expansion of its research and development operations. As a result of the newly-created positions, Lexaria is issuing stock options totaling 240,000 with an exercise price of $1.06. In addition, the company has received $110,000 from…

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FridayDec 07, 2018 2:18 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Reports Voting Results from Annual Meeting

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development (“R&D”) today reported the voting results from its annual general and special meeting of shareholders of the company which took place in Mississauga, Ontario on December 6, 2018. The matters up for consideration, which were detailed in the company's management information circular dated November 7, 2018, received majority votes at the meeting, thus approving all matters. Additionally, the shareholders approved the election of all the nominated directors. Detailed voting results for the meeting together, as well as a copy of each of the new share option…

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FridayDec 07, 2018 11:59 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Leveraging Technology to Formulate ChrgD+ Premium Brand with Cultivating Wellness Inc.

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently leveraged the trademarked ability of its DehydraTECH technology to deliver cannabinoids by entering a new partnership with Cultivating Wellness Inc. (“CW”) to formulate the ChrgD+ premium brand. A recent article discussing the company reads, “LXRP’s partnership with Cultivating Wellness Inc. (“CW”), which formulated the product, is seen as an important combined effort (http://cnw.fm/qe9AH). … LXRP has not only partnered with CW as the manufacturer of ChrgD+; it also serves as the distributor of the product to its national network of customers, such as convenience stores, specialty…

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ThursdayDec 06, 2018 1:53 pm

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) to Benefit from Progressive Developments in the Cannabis Sector

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) is poised to benefit from recent, progressive developments in the cannabis space. An article discussing the company reads, “Among the forces driving the exuberance were news that Michigan had become the tenth state (plus Washington, DC) to legalize recreational marijuana use and that medicinal marijuana extract use won over voters in Utah and Missouri, solidly securing more than half of U.S. states in the medical use camp despite ongoing disdain at the federal level. … But even the federal government has been signaling a slow U-turn on its prohibition of cannabis…

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ThursdayDec 06, 2018 1:07 pm

CannabisNewsBreaks – Why Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) is “One to Watch”

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) focuses on addressing dermatological needs in the multi-billion-dollar cosmeceutical industry. A recent article discussing the company reads, “Therma Bright is also conducting research and development on a unique thermal therapy device that would incorporate medical grade cannabis or cannabidiol (“CDB”) sourced from hemp as a cream or gel to provide relief of back, knee and other joint pain. In preparation, the company has incorporated a wholly owned subsidiary to hold any technology for use or application of cannabis. Once approvals are secured, the company plans to sell the device through…

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