CannabisNewsBreaks

ThursdayDec 12, 2019 10:16 am

CannabisNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Grant of Stock Options

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), an Ontario-based cannabis company recognized for its premium products and services, this morning announced that it has granted, effective today, an aggregate of 3,364,500 stock options (each, an "Option") to certain directors, officers, employees and consultants of the company in accordance with the company's stock option plan. Per the update, for a period of five years from the date of grant, each Option is exercisable into one common share in the capital of the company (each, a "Share"), each at a price of $0.215, being the closing price of the Shares on the TSX…

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WednesdayDec 11, 2019 12:21 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Transitions to HERBL Distribution Solutions as Primary California Distribution Partner

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis branded products company in the U.S., today announced the transition of its primary California distribution partner from Calyx Brands Inc. to HERBL Distribution Solutions for the company’s best-selling cannabis products. “After an extensive review of the major California cannabis distributors, we determined that HERBL was best positioned to scale with PLUS and reliably deliver product to retailers at the lowest cost,” Jake Heimark, Co-founder & CEO of PLUS, said in the news release. “One of our goals at PLUS is to put our products on every shelf at an affordable price, and…

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TuesdayDec 10, 2019 10:38 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Reports 2019 Shareholder Meeting Results, Names Independent Director

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning reported the detailed voting results from its 2019 Annual and Special Meeting of Shareholders that took place on December 9, 2019 in Toronto, Ontario. Michael La Brier, Navdeep Dhaliwal, Ronald Factor, Colin Moore and Kenneth R. McKinnon were elected to the board of directors of the company to serve until the next annual meeting of shareholders, or until their successors are elected or appointed. Other results include the appointment of KPMG LLP as auditors of the company until the next annual meeting and the approval of SPRWF’s Omnibus Long-Term…

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FridayDec 06, 2019 1:53 pm

CannabisNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Finalizes Construction of Two Hemp-Biomass Processing, Storage Facilities

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently completed the construction of two hemp-biomass processing and storage facilities. An article discussing the company reads, “HTC has finalized the construction of its 27,000-square-foot hemp-biomass processing and storage facility, which will be used to store extraction-ready biomass. The company has also completed a 19,000-square-foot facility that will house extraction and formulation processing, quality assurance testing and product development laboratories at its Port Lajord location 17 miles southeast of Regina, Saskatchewan. The facility is going to be on par with the highest performance and quality standards for extraction and refining worldwide.…

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FridayDec 06, 2019 1:47 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Eyes Growth Potential in Branded Products

Plus Products (CSE: PLUS) (OTCQB: PLPRF) is dedicated to providing a consistent cannabis experience with its compliant, dosable and flavorful edibles. An article discussing the company reads, “A hemp-and-cannabis food company, Plus Products’ emphasis is on thoughtfully and carefully building brand value. The company has already achieved its first strategic goal — to develop a winning brand in California — in PLUS gummies, and it looks to expand on that brand with the goal of creating the world’s strongest cannabis brand by taking its successful formula to new markets, new products and new consumers (http://cnw.fm/Yodu3). . . . Plus Products sees potential…

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FridayDec 06, 2019 1:07 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Additional Funding to Advance Company Initiatives

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, recently inked agreements for increased funding totaling up to $103 million. TGODF intends to utilize the capital to complete construction of various facilities and achieve national product distribution. An article discussing the company reads, “‘Our ability to raise capital, despite recent headwinds affecting the entire sector, is a clear show of confidence from our financial partners,’ TGOD CEO Brian Athaide stated in a news release. ‘It is reflective of the value of our significant assets, the trust investors are putting into TGOD’s strong corporate…

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FridayDec 06, 2019 12:50 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Names Senior Advisor to Outline Leadership Strategies

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator with technology that has demonstrated its ability to enhance the oral delivery of nicotine, recently appointed Gregg Smith, founder of a New York-based culture-tech, venture investment firm, as senior advisor to help define LXRP’s leadership strategies. An article discussing the company reads, “‘I am passionate about creating a smokeless future and recognize that the consumption methods of nicotine and cannabis will change,’ Smith stated in the news release (http://cnw.fm/KaCZ3). ‘Lexaria’s technology, DehydraTECH(TM), will completely disrupt and improve the consumption and delivery of oral nicotine, CBD and cannabis. Lexaria’s recognition of the…

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FridayDec 06, 2019 12:02 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Expand Board with Appointment of Global Marketing Executive

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the strengthening of its board of directors with its intention to appoint a new independent director, Jackie Poriadjian-Asch, on and effective December 10, 2019. According to the update, Poriadjian-Asch is a skilled corporate executive with leading consumer-facing brand expertise. “I am excited Jackie has committed to joining the Board. Jackie's experience provides early stage marketing and brand building expertise to call on as we enter this unique time in our industry,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Jackie has built iconic brands with ecobee, Canada…

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ThursdayDec 05, 2019 10:30 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Provides Update on Infrastructure that Serves Dedicated Functions from Seed to Sale

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today provided an operational update on its focused infrastructure that serves dedicated functions from seed to sale. Per the update, the company leased its manufacturing, processing and packaging facility located in Kitchener, Ontario (“Supreme Cannabis Kitchener”) in response to internal requirements and foreseeable market demand. Supreme Cannabis Kitchener will function as a central manufacturing, processing and packaging facility for Supreme Cannabis brands and, once complete, a location where the company intends to package, distribute and brand third-party cannabis inputs from quality-focused cultivators. “With Supreme Cannabis Kitchener, we add the infrastructure to…

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WednesdayDec 04, 2019 11:22 am

CannabisNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Establishment of At-The-Market Equity Program

Organigram Holdings (NASDAQ: OGI) (TSX: OGI) today announced that it has established an at-the-market equity program (“ATM Program”) that allows the corporation, at its discretion, to issue up to C$55,000,000 (or its U.S. dollar equivalent) of common shares from treasury to the public from time to time. Any common shares sold in the ATM Program will be sold through the Toronto Stock Exchange, the NASDAQ Global Select Market or any other marketplace on which the common shares are listed, quoted or otherwise traded, at the prevailing market price at the time of sale. The corporation, at its sole discretion, will…

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