Breaks Categories: News

ThursdayFeb 18, 2021 10:21 am

HempNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Signs Distribution Agreement with Canada House Wellness Group

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has signed an agreement with Canada House Wellness Group (CSE: CHV) to distribute concentrate products through existing provincial distribution channels. Canada House Wellness is a fully integrated medical cannabis company. The two companies have entered into a Cannabis 2.0 distribution agreement. The agreement notes that Canada House's wholly owned subsidiary Abba Medix Corp. will carry and distribute Pure Extracts' line of concentrate products. Canada House’s leadership team noted that it was impressed with the Pure…

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TuesdayFeb 16, 2021 10:40 am

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Strengths, Milestones Featured as CBD Industry Projected to See Impressive Growth

HempFusion Wellness (TSX: CBD.U), along with its five-channel strategy, impressive line of products and historic first day of trading after completing its $17 million IPO, were the focus of a recent article. The article outlined the power of the company, noting that it was the first U.S.-based CBD company approved for listing directly on the TSX. The article recounted the company’s strength as a leader in the health and wellness CBD industry and called out its diverse portfolio of brands, including HempFusion CBD, Probulin Probiotics, Biome Research and HF Labs; the article also noted that the company offers four dozen…

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FridayFeb 12, 2021 10:38 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Responds to Acquisition Claims Regarding HemPoland

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has released a statement in response to claims of an offer to acquire HemPoland, the company’s wholly owned subsidiary. "There is growing interest in the European CBD market, and several companies have demonstrated interest in acquiring HemPoland as a way of increasing their value and entering this burgeoning market,” the TGOD statement reads. “TGOD receives enquiries and offers about HemPoland on a regular basis, including recently from Labocanna SA. With the hemp industry continuing to expand at a rapid pace, especially in Poland , such…

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FridayFeb 12, 2021 9:55 am

HempNewsBreaks – Grapefruit USA Inc. (GPFT) Approached about Potential Acquisition Transaction

Grapefruit USA (OTCQB: GPFT), a premiere fully licensed California-based cannabis company, has received an initial informal acquisition inquiry. The company announced that it had been approached by a Canadian cannabis company about entering into discussions concerning the possibility of an acquisition transaction. “Grapefruit is not surprised to be approached concerning a potential acquisition, in light of the company’s recent disclosure concerning its 714% year-over-year revenue increase; the public reaction to the company’s patented, disruptive Hourglass(TM) THC/cannabinoid delivery cream; and recent announcements by U.S. Senate Majority Leader Chuck Schumer concerning prioritization of the federal legalization of cannabis by de-scheduling THC,” said…

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ThursdayFeb 11, 2021 12:39 pm

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces National Supply Agreement with CannMart

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), a leading producer of premium certified organically grown cannabis, has signed a supply agreement with CannMart, a subsidiary of Namaste Technologies Inc. The two-year agreement means TGOD’s certified organic medical cannabis products will be available via CannMart's online medical cannabis sales platform and further expands the company’s distribution within the medical market. TGOD certified-organic, medical cannabis products included in the agreement include premium dried flower, RIPPLE dissolvable powder, gummies and teas. The announcement also noted that the agreement provides opportunities for future growth as the medical market in Canada evolves and grows.…

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ThursdayFeb 11, 2021 11:18 am

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches Innovative New CBD Products, Commences Trading on the OTCQX

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced increase of its product offering to 48 SKUs by introducing its new and improved sleep and stress products with twice the amount of CBD per serving. “Global consumers are becoming increasingly familiar with CBD and its potential benefits to their daily routine,” said Jason Mitchell, N.D., HempFusion’s co-founder and chief executive officer. “After conducting months of extensive consumer research, it was clear that the majority of our customers and consumers in the market are seeking products…

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ThursdayFeb 11, 2021 11:02 am

HempNewsBreaks – TAAT(TM) Lifestyle & Wellness Ltd.’s (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Hemp-Based Substitute Mimics Traditional Tobacco Cigarette Experience

TAAT(TM) (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) today announced that, in a world where re-invented consumer packaged goods (“CPG”) of perceived unhealthy or environmentally harmful products are all the rage, the company is attempting to forge its own niche. TAAT is introducing a hemp-based substitute that mimics the experience of a traditional tobacco cigarette in an attempt to steal market share from Big Tobacco, as well as grow sales organically. The company’s cigarettes are formulated using a house blend of CBD-containing hemp called Beyond Tobacco(TM). Hemp is blended with patented ingredients and refined to replicate the experience of a conventional…

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WednesdayFeb 10, 2021 12:57 pm

HempNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Releases Q3 Financial Report

Canopy Rivers (TSX: RIV) (OTC: CNPOF), an investment and acquisition company specializing in cannabis, has shared financial numbers for its most recent period, the three and nine months ended Dec. 31, 2020. The announcement included both unaudited condensed interim consolidated financial statements and management's discussion and analysis ("MD&A"). Numbers in the report indicate that Canopy Rivers’ comprehensive income was $82.2 million, which the company notes was driven by an increase in the value of its investment in TerrAscend. The company also announced a “transformative and accretive” transaction with Canopy Growth; the transaction is scheduled to close by the end of February…

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WednesdayFeb 10, 2021 10:09 am

HempNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces First Commercial Contract for CBD Oil

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp and mushroom products, has contracted for its initial commercial CBD oil sale. The company anticipated the contract will result in multiple shipments of its 85% pure CBD distillate offering this year. Pure Extracts’ state-of-the-art, subcritical/super-critical CO2 extraction system produces an exceptionally pure THC and CBD full-spectrum oil and distillate. The resulting distillate can be used to manufacture a variety of cannabis 2.0 products, such as beverages, edibles and vape pens. The announcement also noted that Pure Extracts continues its commitment to increase awareness.…

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TuesdayFeb 09, 2021 11:20 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Preliminary Q4 2020 Revenue, Forecast Numbers

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has announced its Q4 2020 preliminary, unaudited revenue numbers. According to the release, the company reached $10.9 million in unaudited gross revenue in Q4 2020 for the period, with an increase in quarter-over-quarter revenue of 91%. The company also released an updated revenue forecast. The Q4 revenue is a 235% increase over the previous year. In the announcement, the company noted that the numbers reflect the significant progress and growth achieved in its Canadian operations and sales, which accounted for $8.6 million of the…

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