CannabisNewsBreaks

ThursdayAug 30, 2018 9:43 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Additional Encouraging Results from DehydraTECH™ Nicotine Study

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning announced further results from its recently completed second-generation study in 40 rats in addition to the partial results released earlier this month. The in vivo study evaluated the ability of the company’s DehydraTECH™ technology to deliver nicotine as quickly as 2 minutes after oral administration. Lexaria’s technology delivered 90.2% more nicotine over the first 10 minutes of the study than the concentration-matched control formulation by the 10-minute mark. To better commercialize opportunities within the nicotine sector, the company has also completed the formation of a wholly-owned subsidiary, Lexaria Nicotine Corp. "Lexaria's DehydraTECH™…

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TuesdayAug 28, 2018 9:54 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Names New Creative Director

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium food and beverage company, this morning announced the appointment of Brian Schmitt as the company’s new creative director. Schmitt’s responsibilities will include new product packaging design and brand visual identity. "Brian is someone who will truly bring our new 'Oki' brand to life across all mediums from labels to packaging to the design of in-store displays," Phivida Chief Marketing Officer Michael Cornwell stated in the news release. "Already he has implemented our brand strategy to guide new packaging design and visual identity for our new line of Hemp Extract - infused beverages…

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MondayAug 27, 2018 11:42 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Gearing up for Launch of OKI Brand in 3Q2018

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium food and beverage company, is preparing to launch its OKI brand of premium CBD products to consumers during the third quarter of 2018. The company recently gained exposure to roughly 2,400 mainstream retail outlets across the U.S. by signing an exclusive national agreement with National Specialty Sales (“NSS”), an Acosta company. An article discussing the agreement reads: “The partnership also provides the opportunity to access an additional 25,000 national grocery supermarkets such as Wal-Mart, Target, Kroger and others in Acosta’s national sales network. PHVAF and Acosta are working together to develop in-store…

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FridayAug 24, 2018 3:02 pm

CannabisNewsBreaks – Sunniva (CSE: SNN) (OTCQX: SNNVF) Stands Out Among Potential Leading Compliant Producers in California Cannabis Market

Sunniva (CSE: SNN) (OTCQX: SNNVF) stands out among the emerging largest compliant producers with a vertically integrated business model and commitment to delivering safe, consistent, high-quality products and services. An article discussing the company reads, “In an executive summary of Sunniva’s market potential, Canaccord Genuity states, ‘Sunniva could become one of the larger compliant producers in California heading into 2019 where more than 85 percent of product is still not in compliance with current regulations.’ The company’s strategy of placing a high degree of importance on designing its facilities with innovative technologies that allow for automation, low-cost cultivation and the…

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FridayAug 24, 2018 12:36 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Human Clinical Study Confirms Significant Delivery, Bioavailability Results

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) is pleased with recent significant results from a new human clinical study to evaluate its DehydraTECH™ powered TurboCBD™ and cannabidiol (CBD) fortified hemp oil capsules (http://cnw.fm/2NCrW). An article discussing this reads, “Results corroborate and confirm earlier in vitro and in vivo studies that evaluated DehydraTECH’s platform and measured higher levels of drug delivery achieved quicker than controls with matching CBD amounts. LXRP said that it believes nearly identical bioavailability enhancement results would be shown if the cannabinoid was THC instead of CBD.” To view the full article, visit http://cnw.fm/Dwp1Q About Lexaria Bioscience Corp. Lexaria…

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FridayAug 24, 2018 11:54 am

CannabisNewsBreaks – The Flowr Corp. Partners with Scotts Miracle-Gro Company (NYSE: SMG) Subsidiary to Conduct Cannabis Testing

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in a Bloomberg article titled, “Scotts Miracle-Gro Tests Whether It Can Make Pot Grow Too,” authored by Kristine Owram. Per the article, Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co., is partnering up with Flowr to build a 50,000-square-foot research facility on the same site as Flowr’s grow-op in Kelowna, British Columbia. Firstly, the new lab will test Hawthorne’s lights and nutrients on cannabis, with plans to ultimately conduct more in-depth studies on the plant. Currently producing 250 grams a square foot…

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ThursdayAug 23, 2018 9:30 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Attains Additional Cannabis Retail Opportunities, Expands Retail Store Network

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has progressed its retail portfolio and expanded its cannabis retail store network in Alberta and British Columbia. The company has attained the rights to an additional 12 retail locations, five of which are in Alberta and the remaining seven are located in B.C. The new retail opportunities bring Choom's potential retail locations across western Canada up to 52. The company anticipates increasing this count even further as it is currently negotiating additional leases with the plan of submitting applications for retail licenses. In…

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WednesdayAug 22, 2018 1:28 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Shareholder Update Highlighting Recent Milestones

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning issued a shareholder update on its ongoing corporate initiatives. Among the highlights discussed in the news release, the company entered into a natural health product licensing agreement with Asterion Cannabis Inc., launched its medicinal cannabis division, completed a $6.5 million financing and expanded its Australian operations. As noted, these milestones serve as evidence of PreveCeutical’s continued execution of its strategy to become a global preventative health care company. To view the full press release, visit http://cnw.fm/6AbJW About PreveCeutical Medical Inc. PreveCeutical is a health sciences company…

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WednesdayAug 22, 2018 9:29 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1M Capital Tranche to Refined Resin Technologies

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced the second tranche of capital, $1 million, to its investee company Refined Resin Technologies Inc. Refined Resin is using the series of tranches to implement its three-phase development strategy to operationalize its legally zoned, state-of-the-art medical cannabis extraction laboratory. Presently, Refined Resin has placed deposits and has funds in reserve to purchase all the essential equipment to start production once installed. The extraction facility is anticipated to be in commercial operation by late 2018 or early 2019.…

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TuesdayAug 21, 2018 10:29 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Definitive Agreement to Acquire HemPoland

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding shares of HemPoland in an immediately accretive cash and share transaction. HemPoland is a European manufacturer and marketer of premium organic CBD oils. In addition to providing the company with a route into the European market, this strategic acquisition gives TGOD access to HemPoland’s immense distribution network, premium Cannabigold brand and advanced hemp oil extraction technologies. The acquisition cost is comprised of $7.75 million in cash and…

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