Breaks Categories: News

WednesdayMay 23, 2018 3:32 pm

HempNewsBreaks – Medical Marijuana, Inc. (MJNA) Reports Q1 2018 Financial Results

Medical Marijuana, Inc. (OTC: MJNA) this morning announced that the company and its subsidiaries, Kannaway® and HempMeds®, have achieved the largest-ever sales revenue quarter in their history during Q1 2018. The company also reached major milestones in its business operations, including immense expansion and continued growth demonstrated by its HempMeds subsidiary and continued growth in Europe by its Kannaway subsidiary. Per the update, the company’s first quarter revenues surpassed $10.5 million, an increase of more than 190% over the same period of the previous year. Total gross profits for Q1 2018 also recognized an increase of more than 30% as…

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WednesdayMay 23, 2018 1:18 pm

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Posts Update on Forward Stock Split

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), a health sciences company aiming to become a preventive health sciences leader, today announced that, in accordance with the shareholder-approved forward stock split of its issued and outstanding common shares on the basis of five new shares for each existing share, the company's shares have begun trading today on the Canadian Securities Exchange on an "ex-distribution" basis. Per the update, the record date for the stock split has been set at May 24, 2018. To view the full press release, visit http://cnw.fm/th4Gt About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

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WednesdayMay 23, 2018 11:31 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Secures Manufacturing Facility in California

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, ("PNL"), has entered a lease agreement for a manufacturing facility in Costa Mesa, California's Measure "X" Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa's Measure "X" Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing…

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WednesdayMay 23, 2018 10:45 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Launches New Medical Cannabis Brand

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the launch of its new medical cannabis brand, Beacon Medical. The company developed the brand based on a deep consumer understanding that it obtained through an exclusive study of 1,500 Canadians. The study showed that consumers needed a brand that makes the process of obtaining and using medical cannabis easier to navigate. Beacon Medical intends to help patients and their healthcare provider find the best treatment option amid the complex medical cannabis market by providing excellent customer service, simple registration and product classification, efficient purchasing and pharmaceutical-grade products. The full…

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WednesdayMay 23, 2018 10:25 am

HempNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Commences Trading on TSX Venture Exchange under Symbol ‘DNAX’

BLOCKStrain Technology Corp. (TSX.V: DNAX), developer of the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, this morning announced that its shares have commenced trading on the TSX Venture Exchange under the symbol ‘DNAX’. “This is a big day for our team, and is the culmination of many years of preparation and dedication to building a software company designed exclusively to meet the unique needs and challenges of the emerging cannabis industry,” the company notes in the news release. “We have combined the best of enterprise and decentralized ledger technology to launch the first…

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WednesdayMay 23, 2018 9:58 am

HempNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary to Host Media Event at the Grand Opening of New Clinic Location

Sunniva (CSE: SNN) (OTCQX: SNNVF) announced this morning that its wholly-owned subsidiary, Natural Health Services Ltd. ("NHS"), is holding an open house for media and the public at the grand opening of its clinic in Windsor, Ontario on Wednesday, May 30. NHS is Canada's largest referral network of medical cannabis patients to Licensed Producers ("LPs") with seven owned and operated patient-centric clinics throughout Canada. The NHS media event and open house will take place at the grand opening of its new clinic location at 7900 Anchor Drive, Windsor, ON. The event will be open to the media from 12:00 to…

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WednesdayMay 23, 2018 9:49 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Granted Two New US Patents

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has been granted two new U.S. patents and expects to be granted three additional Australian patents on or before August 17, 2018. Once granted, Lexaria will have four approved patents in the U.S. and four approved patents in Australia. All eight of these patents are within the company’s first patent family, ‘Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof’, and significantly strengthen Lexaria’s intellectual property claims. The company’s growing patent portfolio now includes more than 40 patent applications…

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TuesdayMay 22, 2018 11:08 am

HempNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Adds Jamie Pearson to Advisory Board

Diversified cannabis holding company Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) this morning announced the appointment of Jamie Pearson to its advisory board. Per the update, Pearson brings a wealth of cannabis industry knowledge and experience to the Liberty Leaf team. She currently serves as the director of operations at award-winning multinational cannabis company Bhang Corporation and as managing director of AMMBA Inc., a cannabis consulting firm that is retained by celebrities and cannabis companies seeking mutual endorsement opportunities. “We are delighted to have Jamie on the Advisory Board at Liberty Leaf,” Will Rascan, president and CEO…

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TuesdayMay 22, 2018 10:40 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Enters Exclusive License Agreement with CBx Enterprises

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) today announced that it has entered into an exclusive license agreement with CBx Enterprises LLC to license Evolab and CBx Sciences brands and proprietary technologies and formulations in Canada and other areas outside of the USA. TGOD’s product and technology portfolio will be directly increased by the licensing arrangement. “This licensing partnership for industry leading technologies and formulations will further allow TGOD to execute on its plans of offering novel and safer delivery methods of both non-psychoactive and psychoactive cannabinoids to patients and consumers around the globe,”…

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TuesdayMay 22, 2018 10:14 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) to Develop Additives and Formulations for Cannabis Beverage Market

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it has initiated development of CBD and THC additives and formulations for the multi-billion dollar beverage industry using its patented Ready-To-Infuse-Cannabis (“RTIC”) Powder and Solmic Micelle water-soluble technologies. The program will be led by the company’s executive director of formulations, Dr. Leonid Lurya, at its contract lab in Israel. “Pivot will bring cannabis derivatives to market that are differentiated and backed by science. The beverage market opportunity is just too big to ignore and our patented technologies lend themselves well to this space,” Dr.…

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