CannabisNewsBreaks

TuesdayNov 20, 2018 2:49 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Raises $1.5M in Private Placement to Fund Canadian Lab

British Columbia, Canada-based Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is a biotechnology company and developer of technology which has demonstrated faster and more effective delivery of cannabinoids and nicotine. Recently, LXRP raised funds through a non-brokered private placement that it intends to use toward the construction of a new Canadian lab, research & development and general corporate purposes. A recent article discussing the company reads, “Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has raised, in a non-brokered private placement, a total of $1,515,440. Net proceeds will be used for construction of a new lab in Canada, LXRP-driven R&D and general…

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TuesdayNov 20, 2018 12:17 pm

CannabisNewsBreaks – Why Plus Products Inc. (CSE: PLUS) is “One to Watch”

Plus Products (CSE: PLUS) is a branded cannabis-infused products manufacturer headquartered in San Mateo, California. The company focusses on creating edibles using extracts to ensure compliant, consistent products. A recent article discussing the company reads, “Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up…

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FridayNov 16, 2018 2:54 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Targets Canadian Medical and Recreational Markets

Vertically integrated Canadian cannabis company The Flowr Corporation (TSX.V: FLWR) obtained its sales license from Health Canada in August of this year, thereby permitting FLWR to sell to both the medical and the adult-use recreational markets. An article discussing the company reads, “The Flowr Corporation is headquartered in Markham, Ontario, and has production facilities in Kelowna, BC.  It is constructing a flagship 85,000 square foot cultivation facility using proprietary growing systems and designs and engineered meet pharmaceutical quality production standards. It is currently operational at approximately 20 percent, with the remaining 80 percent scheduled to come online early in 2019. …

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FridayNov 16, 2018 10:37 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Eyes Israel to Forge Strong Relationships and Banking Initiatives for Medical Cannabis

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF), with today’s announcement that the medical cannabis bill will go to the Knesset agenda, has commented on the potential of Israel to allow the medical export of its products to global markets. Redfund is in the process of compiling final due diligence protocols surrounding several identified Israeli clients to become portfolio companies to execute its growth strategy into North America and Europe. “We are looking to Israel as our next country to forge strong relationships with for our banking initiatives,” Redfund CEO Meris Kott stated in the news release. “Israel has always…

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FridayNov 16, 2018 10:01 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Presenting at the New Green Frontier Conference

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, today announced that the company’s president and CEO Andriyko Herchak will deliver a main stage company presentation at the invitation-only New Green Frontier cannabis investor conference. The conference, which is anticipated to be attended by more than 350 investors, will take place at The Arcadian Court in Toronto on Monday, November 19, 2018. “I am excited to have the opportunity to share our story and prospects for the future. We are committed to increasing our visibility in the investment community and the New Frontier…

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ThursdayNov 15, 2018 10:36 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Velvet Management Inc. for Strategic Cannabis Distribution Across Canadian Markets

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its partnership with Velvet Management Inc. for the sale and distribution of its premium, certified organic offering to provincial liquor and cannabis boards across Canada. Created by the country’s largest wine distributor, Philippe Dandurand Wines, Velvet is a new company with distinct ownership, and the partnership will secure a strong entry point for TGOD across the Canadian market. "TGOD's cannabis is a premium offering, the best experience a consumer can receive," TGOD President Csaba Reider stated in the news release. "When we began the…

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ThursdayNov 15, 2018 9:43 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Provides Corporate Business Update for Q4 2018

Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced its corporate business update for Q4 2018, including completed milestones and strategic initiatives that are underway. Among the highlights, the update provided details on the company’s expanded marketing and public relations strategy. "Over the last three months, Phivida has met with a number of top US-based consumer lifestyle PR firms to select a partner to support the launch of Oki into the US market," Phivida President and CEO Jim Bailey stated in the news release. "PR will play a pivotal role in building awareness through positive word…

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WednesdayNov 14, 2018 11:09 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Achieves Record Revenues in Q1 2019

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced the release of its financial and operating results for the three months ended September 30, 2018. Highlights reflect a 229 percent year-over-year increase in revenues for Q1 2019 at $5.14 million, up from $1.56 million in Q1 2018. The total marked an increase of 45 percent from the previous quarter’s revenue total of $3.55 million. "Supreme Cannabis' results in the first quarter mark a solid beginning to a historic year in a competitive, dynamic and rapidly evolving marketplace," Supreme Cannabis CEO Navdeep Dhaliwal stated in the news…

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WednesdayNov 14, 2018 10:07 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Highlights Plans for Launch of High CBD Product Line

Redfund Capital Corp. (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning issued an update on the operations of Winterlife Inc. and WinterlifeCBD (“WL”). In response to a growing demand, Winterlife is launching an inventive assortment of high cannabidiol (“CBD”) products through WL. Following this launch, WL aims to embark on a multi-state U.S. expansion with its new line of products, as well as expanding into Canada upon legalization of CBD edibles in the country. “The Winterlife brand exuberates a crisp and clean natural feeling. Organic and vegan to appeal to the free spirit of many patients including millennials looking to…

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WednesdayNov 14, 2018 9:36 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) Ranked #1 Best-selling Edibles Brand in California

Plus Products (CSE: PLUS) today announced that PLUS™ has been named as the #1 best-selling cannabis-infused edibles brand in California according to both BDS Analytics’ and Headset’s Q3 2018 retail sales data. Last year, the company was ranked as one of the 50th best brands in California, the most competitive cannabis market in world. In the second quarter of 2018, the company had climbed its way up to #4. Per BDS Analytics, the company’s market position soared from #4 to #1 in retail value of sales after it achieved a 97% increase in unit sales from Q2 2018 to Q3…

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