CannabisNewsBreaks

WednesdayJun 20, 2018 12:12 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Highlighted in Cannabis Industry Report by JGR Capital

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) was recently highlighted alongside other cannabis-focused businesses in a Cannabis Industry Report for the week of June 11th by JGR Capital, a New York-based equity research firm. The report covered the company’s recent up-listing to the OTCQX® Best Market, which it began trading on under the symbol “TGODF” on June 14, 2018. Among other highlights, the report also covers Canopy Growth Corporation’s (TSX: WEED) (NYSE: CGC) offering of convertible senior notes; Maricann Group’s (CSE: MARI) (OTCQB: MRRCF) update regarding the acquirement of a cannabis license…

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TuesdayJun 19, 2018 10:13 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Surpasses 15,000 Active Patients

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly owned subsidiary Harvest Medicine Inc., this morning announced that it has surpassed 15,000 active patients in under 18 months of operation. “Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” Shekhar Parmar, CEO of Harvest Medicine, stated in the news release. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.” Per the update, Harvest Medicine, one of Canada’s…

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TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Launches Marketing Program, Attains Multiple Customers in California

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its portfolio investee company, ezGreen Compliance, has launched a pilot marketing program and has attained multiple customers across the State of California. ezGreen Compliance is providing these customers, consisting of licensed medical dispensaries and cultivators, with its advanced enterprise compliance and point-of-sale (“POS”) software solution. The pilot program customers are currently using ezGreen’s Health Insurance Portability and Accountability Act (“HIPAA”) Compliance POS Solution and inventory tracking system. The system enables users to comply with both the HIPAA and State Laws…

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TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Secures 10 More Cannabis Retail Opportunities in Alberta and British Columbia

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional seven cannabis retail locations in Alberta, as well as three additional retail licenses in British Columbia. To date, the company has secured 25 cannabis leases in highly strategic and secure locations throughout Alberta and 10 retail opportunities in British Columbia. “This is a significant step towards establishing Choom's strategy to be a leading private cannabis retailer in Canada,” Chris Bogart, president and CEO of Choom, stated in the news release. “Market share and customer acquisition in…

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MondayJun 18, 2018 12:27 pm

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Engages NetworkNewsWire for Corporate Communications Solutions

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW"). FinCanna is a royalty company with a primary focus on the flourishing California cannabis market. The company leverages its broad investment expertise and industry experience to bring value to its shareholders and portfolio companies. As part of the Client-Partner relationship with FinCanna Capital Corp., NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the full…

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MondayJun 18, 2018 9:31 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Closes Okanagan Falls Property Purchase

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Sunniva Medical Inc. ("SMI"), has closed the purchase of a 126-acre industrial zoned property in Okanagan Falls, BC. The Sunniva Canada Campus, a facility designed to be a 740,000 sq. ft. Good Manufacturing Practice ("cGMP") compliant greenhouse, will be located on the newly purchased property. The total consideration of $7 million for the purchase is comprised of a $3.5 million cash payment with the remainder paid through a vendor take back mortgage financing ("VTBMF").  The VTBMF is for a one-year term with an…

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MondayJun 18, 2018 9:30 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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FridayJun 15, 2018 3:09 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Positioned in Growing Markets with Novel Therapies and Groundbreaking Delivery Platform

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is positioned in rapidly-growing markets with innovative preventative therapies and a groundbreaking cannabidiol (“CBD”) drug delivery platform. An article discussing this reads, “Research has shown CBD to be non-psychoactive and to have anti-inflammatory, anti-anxiety and anti-emetic properties (http://cnw.fm/o5xXH). Following nasal administration, the formulations gel rapidly with mucosal tissue to facilitate direct nose-to-brain delivery of cannabinoids. The gel substantially improves bioavailability and provides controlled cannabinoid release, staying in the nasal passages for up to seven days.” To view the full article, visit http://cnw.fm/X4Koh About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

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FridayJun 15, 2018 3:04 pm

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Leveraging Proprietary Technology in Innovative Cannabinoid Product Pipeline

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) is leveraging innovative technology to target pain and a number of chronic conditions. A recent article discussing this reads, “These proprietary technologies are deployed in the development of cannabidiol (CBD) and tetrahydrocannabinol (THC) based products. Pivot’s cannabinoid pipeline of pharmaceutical products includes two that use the Solmic drug delivery technology for cancer supportive care, targeting the relief of mucositis and chemotherapy-induced nausea and vomiting. The company has also deployed its Bi-Phasix™ delivery platform for the development of four products that target women’s sexual desire disorder, glaucoma, dysmenorrhea and dermatological conditions. Pivot’s…

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FridayJun 15, 2018 10:13 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Acquisition of Specialty Medijuana Products

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it is closing its acquisition of Specialty Medijuana Products Inc. ("SMP") today in accordance with an amended and restated amalgamation agreement among Choom, Arbutus Brands Inc. and International Tungsten Inc. The acquisition substantially improves and advances the company’s operational scale and production capacity. "We are excited to add SMP to the Choom group of companies under our Arbutus Brands subsidiary," Choom Holdings president and CEO Chris Bogart stated in the news release. "Arbutus Brands will add value to the entire Choom supply chain, from seed…

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