CannabisNewsBreaks

WednesdaySep 05, 2018 12:16 pm

CannabisNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

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TuesdaySep 04, 2018 11:39 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Proprietary Cannabinoid Extraction Protocol

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) today announced that it has successfully optimized its extraction protocol during its soluble gel ("Sol-gel") drug delivery research and development program. The company augmented the circumstances for extracting cannabinoids from one of its cannabis strains and established a proprietary method for the accurate quantification of cannabinoids present in the extract. The accuracy and precision of the company’s extraction protocol was confirmed against eight commercial cannabinoid standards over a wide concentration range. PreveCeutical anticipates that the new protocol will accelerate the creation of a library of chemically fingerprinted cannabinoid extracts.…

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TuesdaySep 04, 2018 11:22 am

CannabisNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

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TuesdaySep 04, 2018 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Extend First Milestone Option

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has reached an arrangement regarding its investor rights agreement with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) to extend Aurora’s exercise deadline of its first milestone option by six weeks. The milestone option, which entitles Aurora to acquire an additional 8% of the common shares of the company, will now expire on October 12, 2018. “The Aurora partnership has been incredibly beneficial for both parties to date,” The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release.…

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FridayAug 31, 2018 2:45 pm

CannabisNewsBreaks – Sunniva (CSE: SNN) (OTCQX: SNNVF) Considered Undervalued by Investment Researchers

Sunniva (CSE: SNN) (OTCQX: SNNVF) was recently covered in a publication by Beacon Securities Limited that argued that Sunniva is significantly undervalued. An article further discussing the company reads: “Cannabis supplier Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) strengthening foothold in California’s and Canada’s consumer-populated markets has been failing to translate to its stock price and market cap since it began trading on the Canadian Securities Exchange and the U.S. OTCQX® Best Market in January, leading investment researchers at Beacon Securities Limited (http://cnw.fm/PhE2A) to classify Sunniva’s public offering as a “badly mispriced” listing that could reward investors who buy in at…

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FridayAug 31, 2018 11:35 am

CannabisNewsBreaks – The Flowr Corp. Prepares to Join the Growing Ranks of Publicly Traded Cannabis Companies

The Flowr Corp. (“FLOWR”), a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article on TheStreet.com titled, “Will Investors Be Ready to Digest All the New Cannabis Stocks?” authored by Debra Borchardt. The article shines a light on the array of cannabis-related businesses that have recently filed and completed initial public offerings (“IPOs”). One such company is the Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), which was noted in the article to have recently picked up steam. Other companies with recent debuts include MedMen Enterprises Inc. (CSE: MMEN) (OTCQB: MMNFF) and Tilray…

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FridayAug 31, 2018 11:04 am

CannabisNewsBreaks – PreveCeutical Medical Inc.’s (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Developmental Pipeline Houses Comprehensive Range of Advanced Therapeutic Products

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) holds a wide array of advanced therapeutic products in its development pipeline, including its Sol-gel delivery platform. The Sol-gel nose-to-brain drug delivery platform delivers a therapeutic compound to a targeted site at a deliberate, controlled rate. A recent article further discussing the company reads: “The Sol-gel platform allows a therapeutic agent to be administered via the nostrils, where it changes rapidly to a gel upon contact with mucosal tissue. The gel, which continues to line the nasal passage for up to seven days, slowly releases the therapeutic agent over…

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ThursdayAug 30, 2018 11:30 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Names New Board of Directors Member

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced the appointment of Robert “Bob” Kamm to the company’s Board of Directors. Kamm has more than 25 years of experience operating and advising businesses, including his current role representing FinCanna on the Board of Directors of its investee company, Cultivation Technologies Inc. Jeff Tindale has resigned from the FinCanna Board of Directors making way for Kamm’s appointment. Tindale will continue to serve on FinCanna’s Board of Advisors. In addition, the company announced that on August 29, 2018, it issued a total…

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ThursdayAug 30, 2018 11:27 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: VVCIF) Announces Release of Q2 2018 Fiscal Results

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: VVCIF) this morning announced the release of its financial statements for the second quarter of 2018. Among the highlights, the company reported revenues of $1.1 million for the three-month period, marking an approximate four-fold year-over-year increase. VIVO also looked to the future with a business update, making note of its recently announced agreement to acquire premium cannabis company Canna Farms Limited, among other milestones. “Since our last business update following the release of our Q1 2018 financial statements, we have continued to enhance our leadership team, and announced the introduction of three new brands……

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ThursdayAug 30, 2018 10:47 am

CannabisNewsBreaks – The Flowr Corp. Chairman and Chief Strategist Discusses Company Activities, Outlook in Interview on The Brave New Weed Podcast

The Flowr Corp. Chairman and Chief Strategist Steve Klein was recently interviewed on The Brave New Weed Podcast hosted by Joe Dolce. The Flowr Corp. is a Canadian licensed producer that focuses primarily on premium flower production. Among other highlights, Klein discussed the company’s partnership with Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co. “When we got our license in Canada we signed a deal with them to design and build a 50,000 sq. ft. R&D facility,” Klein stated in the interview. “We should be breaking ground by September right next door to our flagship facility in the Kelowna…

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