CannabisNewsBreaks

MondayJan 06, 2020 9:57 am

CannabisNewsBreaks – Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Leadership Transition to Accelerate Growth into Premium Cannabis CPG Company

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that its Board of Directors (the “Board”) has, effective immediately, named Colin Moore, director of the Company and former president of Starbucks Coffee Canada, as interim president and chief executive officer. According to the update, Moore succeeds Navdeep Dhaliwal, who has departed the Company. Supreme Cannabis is in the process of engaging a leading, nationally recognized search firm to identify and evaluate a new CEO to lead the Company in its next phase of profitable, long-term growth. "Today, with Supreme Cannabis firmly established as one of the world's fastest-growing,…

Continue Reading

FridayJan 03, 2020 1:09 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Strengthens Team through Key Operational Hires

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, recently announced the appointment of three experienced operations professionals to the company’s executive team. A recent article discussing the new hires reads, “Joining Supreme Cannabis is John Griese as chief operating officer; Dan Sippel as general manager of 7ACRES, the company’s 440,000-square-foot cultivation facility; and Sándor Wolkensperg as general manager of Supreme Cannabis Kitchener, the company’s new 107,000-square-foot manufacturing and packaging facility. Together, these operations experts bring significant experience to the SPRWF team as the company continues to expand its product forms and enhance…

Continue Reading

FridayDec 27, 2019 1:24 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Holds Favorable Market Position as U.S. Hemp-Based CBD Sales Expected to Reach $22 Billion by 2022

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, is positioned to profit following major investments and acquisitions in the quickly expanding cannabidiol (“CBD”) and cannabinoid market. An article discussing the company reads, “As a developer of proprietary gas, liquid and biomass extraction systems that are designed for the extraction of gas, liquids and biomass, and the distillation and purification of ethanol and ethanol-based solvents used for this extraction, HTC Extraction Systems has a highly positive outlook when it comes to CBD market expansion, with major investments in the acquisition of extracting, purifying and refining equipment. . .…

Continue Reading

ThursdayDec 26, 2019 10:36 am

CannabisNewsBreaks – WeedMD Inc. (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE) Acquires Starseed Holdings Inc., Secures $25M Strategic Equity Investment by LPF

WeedMD (TSX.V: WMD) (OTCQX: WDDMF) (FSE: 4WE), a federally-licensed producer and distributor of medical-grade cannabis, and Starseed Holdings Inc., a medically-focused, federally-licensed cannabis company, on Monday announced the closing of the previously disclosed acquisition of Starseed Holdings by WeedMD. According to the update, WeedMD also completed, concurrent with the closing, the previously announced private placement of subscription receipts with the LiUNA Pension Fund of Central and Eastern Canada (“LPF”), for aggregate gross proceeds of $25 million. “We officially welcome the Starseed team to the WeedMD family which together will kick-off 2020 as a very compelling, vertically-integrated cannabis company that will…

Continue Reading

ThursdayDec 26, 2019 10:31 am

CannabisNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) Announces Expansion of Outdoor Cannabis Cultivation Site to Nearly 300 Acres

BevCanna Enterprises (CSE: BEV) (OTC: BVNNF) (FSE: 7BC) today announced that is has increased the size of its outdoor cannabis cultivation site to 292 acres, up from the originally announced 130-acre site. According to the update, the company has partnered with agricultural experts Clearwater CannGrow Ltd. to grow certified organic sun-grown cannabis on the property near Osoyoos, British Columbia, and the expansion will allow BevCanna to develop into one of Canada’s largest outdoor cannabis cultivators. “Interest in our BC sun grown cannabis has been exceptionally strong, and we're expanding our cultivation and production capabilities to meet the anticipated demand,” BevCanna…

Continue Reading

MondayDec 23, 2019 2:13 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Employs Strategic Three-Pronged Approach to Produce High-Quality Cannabis, Attain Growth

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of cannabis companies, utilizes a three-pronged strategy to deliver high-quality cannabis and attain growth. This approach has cautiously steered the company through the often-chaotic cannabis industry (http://cnw.fm/25Pmr). A recent article discussing the company’s strategy reads, “First, establish foundational IP and strong core businesses. Second, create differentiated, consumer-driven products across market segments, and third, expand its consumer-centric approach to international markets. . . . Following the first component of its plan has allowed Supreme to build a strong foundation as it moves forward in a burgeoning industry. Supreme’s…

Continue Reading

MondayDec 23, 2019 10:32 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Ships First Wave of Vaporizer Offerings

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, today announced release of the first of its ‘Cannabis 2.0’ products, including Trailblazer Spark, Flicker and Glow 510-thread Torch vape cartridges.  According to the update, shipments of the custom-designed cartridges were sent to Manitoba, Saskatchewan, Ontario, New Brunswick and Nova Scotia, starting December 17, from the Company’s Moncton production campus. “As a company, bringing the next-generation of cannabis products to market without delay was important to us. We are proud to support access to tested, quality derivative-based…

Continue Reading

FridayDec 20, 2019 2:14 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Drug-Delivery Platform Continues Reaching New Milestones

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, recently announced further advances in its proprietary, oral, drug-delivery platform: DehydraTECH(TM). An article discussing the company reads, “Lexaria’s early pilot-stage human trials with tetrahydrocannabinol (THC) delivery show its newest formulation of DehydraTECH-enhanced edibles begin providing cannabinoid effectiveness in less than 10 minutes, which is about twice as fast as traditional DehydraTECH and four to six times faster than generic industry formulations, according to a company news release (http://ibn.fm/mwAS9). . . . Lexaria has been developing DehydraTECH solutions as alternatives to smoked or vaped drug delivery over the course…

Continue Reading

FridayDec 20, 2019 2:05 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF) Attains Sizeable Revenue Gains During Q3

HTC Extraction Systems (TSX.V: HTC) (OTCQB: HTPRF), a hemp-biomass processing entity, recently announced financial results for third quarter that showed a year-over-year (“YoY”) revenue increase of over 2.5 times. An article discussing the company reads, “HTC’s revenues grew from $1.3 million at the September close of the quarter in 2018 to $3.3 million at the quarter’s end this year, according to the report (http://cnw.fm/5bMiP). . . . The revenue gains continue to reflect growth in the company’s agri-infrastructure operation, but HTC anticipates significant new potential in the explosive growth of cannabinoid-related industries and is building hemp-biomass tolling contracts and extraction facilities…

Continue Reading

FridayDec 20, 2019 11:02 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reveals Cannabis 2.0 Products

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, today announced its new Cannabis 2.0. products set to come to market in the coming months across Canada.  According to the update, VIVO will focus on the vape, chocolates and concentrates categories leveraging its premium adult-use cannabis brands including Canna Farms(TM) and Fireside(TM). “VIVO is committed to changing the way people view cannabis and to enhancing lives.  I'm delighted with our Cannabis 2.0. offering,” VIVO CEO Barry Fishman said in the news release. “The range is robust and stretches across multiple new legal…

Continue Reading