CannabisNewsBreaks

FridayJun 08, 2018 11:03 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc.’s (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Advanced Technologies Drive Product Development

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) is an emergent biopharmaceutical company engaged in the development and commercialization of pharmaceuticals and nutraceuticals that deliver innovative treatments for unmet healthcare needs. An article discussing the company reads: “The advent of modern licensing controls for over-the-counter medications in Canada nearly 15 years ago paved the way for people to pursue health options ranging from traditional Chinese medicines to manufactured vitamins with greater freedom. Caught up in the current were a number of cannabis-based therapies taking advantage of the growing attention paid to the plant’s medicinal properties. Pivot Pharmaceuticals Inc. (CSE:…

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FridayJun 08, 2018 10:08 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Praises Passing of Bill C-45

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning commended the passing of Bill C-45 by the Canadian Senate. "This is an exciting day for the Cannabis industry in Canada. Legalization is now officially on the horizon, and while some might think they have seen the crest of the cannabis wave that has been building for years, Choom™ recognizes that we've just started paddling into a wave that will build momentum now that legalization is in place. In every major market- Colorado, Washington, California- we've seen adult-use grow year over year by double digits. Choom™ sees…

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FridayJun 08, 2018 9:45 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Leading California Cannabis Brand

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly owned subsidiary, CP Logistics, LLC (the “Sun-Oil Facility”), has secured an extraction contract with Farmacy Phactory, a leading California cannabis brand. “This is a significant milestone as it establishes Sunniva as a trusted manufacturer of clean, high quality extracted products and reliable hardware to support the vibrant California extraction market place,” Dr. Anthony Holler, CEO of Sunniva, stated in the news release. “The operational Sun-Oil Facility, located one mile from the Sunniva California Campus in Cathedral City, will produce over 600,000 filled vaporization cartridges…

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ThursdayJun 07, 2018 12:03 pm

CannabisNewsBreaks – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) Selected to Operate a Cannabis Retail Store in Saskatchewan

Beleave (CSE:  BE) (OTCQX:  BLEVF) recently announced that it has been selected to operate one of Saskatchewan's upcoming cannabis retail stores through a two-phase Request for Proposal ("RFP") process that began in March. Beleave successfully passed the first phase, which was comprised of a screening for qualifications regarding financial and sales/inventory tracking systems. The second phase of the process was a lottery draw to choose from the successful operators. Retail cannabis stores in Saskatchewan are required to be standalone operations, selling only cannabis, cannabis accessories and ancillary items as defined by Saskatchewan Liquor and Gaming Authority ("SLGA"). The company has…

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ThursdayJun 07, 2018 10:31 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Announces $1M Revenue Milestone for Cultivation Technologies Inc.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has achieved $1 million in cumulative revenue since it commenced operations in late January 2018. “We are very pleased to see the sales performance of CTI which has translated into its first US$1 million in revenue at only a fraction of its capacity,” Andriyko Herchak, president and CEO of FinCanna Capital, stated in the news release. “With its sales team in place building out an ever-expanding distribution footprint, and it’s…

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ThursdayJun 07, 2018 9:29 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Results of Annual General Meeting

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the results of its annual general and special meeting of shareholders that took place on June 5, 2018. During the meeting, shareholders of the company voted on and approved the following resolutions: re-appointing MNP LLP, Chartered Accountants, as auditor of the company for the 2018 fiscal year; fixing the number of directors of the company at six; the election of directors; the ratification and approval of the company’s 2017 Stock Option Plan; and the approval of a future name change of the company, to be decided by the company’s board…

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WednesdayJun 06, 2018 2:38 pm

CannabisNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Multi-user Platform Delivers Transparency from Manufacture to Market

BLOCKStrain Technology (TSX.V: DNAX) has developed a blockchain-based genetic registration process that provides verification security for growers and consumers in the cannabis industry. An article discussing the company reads: “BLOCKStrain has adapted the open-source ledger’s technology to provide a cannabis genome-to-sale genetic chain of evidence that provides proof of ownership to brand builders in the multibillion-dollar industry and allows consumers to verify where a product originated and where it has been before landing in their shopping carts. In between the two extremes of the pipeline, distributors, shipping companies and government agencies also have a stake in auditing a product’s wellbeing.…

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WednesdayJun 06, 2018 9:40 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Launch of Global Beverage Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced the launch of a global division focused on the beverage industry. Per the update, the company’s senior management team boasts over 125 years of combined beverage industry experience, including time with both international soft drink and alcoholic beverage companies in Canada and the United States. TGOD intends to leverage this experience to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities. As part of a $55 million R&D…

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TuesdayJun 05, 2018 10:25 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Engagement of Stadnyk & Partners

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement with Stadnyk & Partners whereby PreveCeutical will engage Stadnyk & Partners to provide market awareness and strategic advisory services to the company. Per the terms of the agreement, Stadnyk & Partners will provide market awareness services to the company throughout the initial 12-month term of the agreement in exchange for two million stock options, each of which will be exercisable to acquire one common share in the capital of PreveCeutical for $0.08 per share for a period of 24 months.…

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TuesdayJun 05, 2018 9:29 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Agreement for $25M Bought Deal Financing

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that it has entered into an engagement letter with Canaccord Genuity Corp., acting as co-lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including co-lead underwriter PI Financial Corp. and Mackie Research Capital Corporation, pursuant to which the underwriters have agreed to purchase 3.91 million special warrants of The Green Organic Dutchman, on an bought deal basis, at a price per special warrant of $6.40 for aggregate gross proceeds of approximately $25 million. Per the update, the offering is…

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