CannabisNewsBreaks

TuesdayMar 03, 2020 1:35 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Inks Sales Agency Agreement with humble+fume

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently signed a landmark sales agency agreement with one of North America’s leading distributors of cannabis accessories — humble+fume (http://cnw.fm/nt7Jw). An article discussing the company reads, “SPRWF’s new agreement calls for humble+fume to act as the exclusive sales agent for Supreme Cannabis Company’s recreational products across Canada, achieving coast-to-coast coverage while, at the same time, creating an appealing sales proposition for retailers. The partnership establishes the only sales force in Canada able to offer a full cannabis solution that includes the sale of both cannabis and cannabis accessories, which are known…

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TuesdayMar 03, 2020 1:29 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Builds on Strong Cannabis Brand Foundation to Expand into New Markets

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp-branded products company in California, has built a brand in the largest competitive market, setting itself up for expansion into new markets. An article discussing the company reads, “From day one, Plus Products’ strategy for growth was to build a brand and product in the largest competitive market and achieve success before moving to new markets. After six quarters with a product sitting at California’s top spot, PLUS has proven to the consumer its commitment to superior products. PLUS Uplift sour watermelon gummy was the best-selling cannabis product in California, and…

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TuesdayMar 03, 2020 11:00 am

CannabisNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Reports Revenues of $5.5M for Quarter Ended December 31, 2019

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning reported financial results for the second quarter ended December 31, 2019, including $5,514,502 in revenues for the quarter, representing a substantial increase from $1,410,135 during the same period of the previous year. Per the update, revenues were projected to be down as a result of the sudden drop in vape sales and the close of the company’s Robson store to move to its newly renovated, licensed, 2,800-square-foot facility at Robson and Granville. To view the full press release, visit http://cnw.fm/ewZM3 About Wildflower Brands Wildflower Brands is a Vancouver-based pioneer in the cannabis…

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MondayMar 02, 2020 10:32 am

CannabisNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) PharmHouse Receives Health Canada License Amendment for Cultivation Across Entire Greenhouse

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced that its 49%-owned joint venture in Leamington, Ontario, PharmHouse Inc., received a license amendment from Health Canada allowing for cultivation across its entire greenhouse, which is now fully operational. According to the update, PharmHouse plans immediate ramp up in production in accordance with its offtake agreements with Canopy Growth Corporation and TerrAscend Canada Inc. Under these agreements, PharmHouse has committed 50% of its 2020 output and currently expects to use the remaining 50% of its capacity for both additional offtake agreements and its own private…

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MondayMar 02, 2020 9:49 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX: VIVO) (OTCQX: VVCIF) Chair, Paul Lucas, Recipient of Life Sciences Ontario’s Lifetime Achievement Award

VIVO Cannabis (TSX: VIVO) (OTCQX: VVCIF) today announced that its chair of its board of directors, Paul Lucas, is the receipt of the 2020 Lifetime Achievement Award from Life Sciences Ontario. The award recognizes Lucas' exceptional leadership and contributions to the development of the life sciences sector in Canada, his commitment to the community and his passion for improving the quality of life for Canadians. "We are proud and honoured to have the benefit of Paul's knowledge and expertise as we continue to grow VIVO's business," VIVO CEO Barry Fishman said in the news release. "Paul's career is marked by…

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ThursdayFeb 27, 2020 3:48 pm

CannabisNewsBreaks – Why Champignon Brands Inc. Is ‘One to Watch’

Headquartered in Vancouver, British Columbia, Champignon Brands is a research-driven company with a wide-ranging portfolio of artisanal mushroom health supplements designed with the health-conscious consumer in mind. A recent article discussing the company reads, “Champignon’s mushroom-derived, consumer packaged goods (‘CPGs’) portfolio includes its flagship brand, Vitality Superteas. Each carefully curated Vitality Supertea formulation was developed with the intent of helping individuals enhance and enrich their well-being one cup of mushroom-infused tea at a time. . . . Also in the portfolio are Nourish Force Supertea, a blend of reishi ryobus tea mix; Mighty Recharge Supertea, created with lion’s mane tropical…

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ThursdayFeb 27, 2020 2:55 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Utilizing DehydraTECH Technology to Power Cannadips Cannabis Products

British Columbia-based Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently expanded on its relationship with Cannadips through a new definitive agreement to provide its patented DehydraTECH(TM) technology to Cannadips' cannabis products in Cannadips’ current California market and throughout the United States (http://cnw.fm/7V8qe). An article discussing the company reads, “Lexaria’s DehydraTECH drug-delivery platform is perfectly suited to improve the dipping experience through its effective, high-absorption technology. Cannadips uses multi-spectrum oils as base ingredients. The oils are rich in high-quality terpenes, which ensure the much-coveted entourage effect. DehydraTECH minimizes the throat irritation usually associated with some terpenes. . . . ‘Lexaria is building…

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ThursdayFeb 27, 2020 1:07 pm

CannabisNewsBreaks – WeedMD Inc.’s (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Starseed is Preferred Medical Cannabis Supplier to Insulators Local 95 Health & Welfare Trust Fund

WeedMD (TSX-V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally-licensed producer and distributor of medical-grade cannabis, on Wednesday announced that its subsidiary, Starseed Medicinal Inc., is now the preferred medical cannabis supplier to the Insulators Local 95 Health & Welfare Trust Fund. According to the update, the agreement provides union members and their dependents access to medical cannabis as an insured benefit with no out-of-pocket costs or co-pays. “Starseed’s unique and proprietary program is rapidly becoming the platform of choice for benefits providers, insurers and their members looking to seamlessly add medical cannabis in a responsible way,” WeedMD CEO Angelo Tsebelis…

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WednesdayFeb 26, 2020 10:17 am

CannabisNewsBreaks – Choom(TM) Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Opening of Next Licensed Cannabis Retail Store in Calgary, Alberta

Choom(TM) (CSE: CHOO) (OTCQB: CHOOF), one of Canada's leading recreational cannabis retailers, on Tuesday announced the opening of its next licensed cannabis retail store in Calgary, AB. The store, opening in the bedroom community of Shawcliffe, is Choom’s first retail store to open in Calgary, as well as its 14th store in Alberta and 15th location in Canada. “We are very pleased to be opening our first location in the City of Calgary,” Choom CEO Corey Gillon said in the news release. “This new location is another example of the continued commitment to our growth strategy and the vision of…

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TuesdayFeb 25, 2020 9:51 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Q2 Fiscal 2020 Results

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Monday released its results for the period ended December 28, 2019. According to the update, Green Growth Brands’ revenues for the period totaled $21.1M. "The results this quarter are a reflection of our ability to create products and experiences that consumers want," Green Growth Brands CEO Peter Horvath said in the news release. "We are pleased with the consumer demand signals we saw in the CBD segment during the quarter, and we remain confident in its future potential. However, overhead costs, near-term obligations and constraints on liquidity have posed significant challenges that…

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