Breaks Categories: News

ThursdayJun 13, 2019 9:44 am

HempNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Subsidiary’s Project Moves to 2nd Phase of Health Canada Review, Approval

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced that its wholly owned subsidiary, ABcann Medicinals Inc., has received notification of the advancement of its Kimmetts project to the second phase of Health Canada's review and approval process. According to the update, the project is being developed as a hybrid outdoor cultivation site and currently houses four Airstream Innovations(TM) environmental control shelters with cultivation space of 86,000 square feet. “Our airhouses are expected to capitalize on all the benefits and opportunities associated with growing outdoors (low capital and production costs, environmentally sustainable) with the added benefit of mitigating against the…

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WednesdayJun 12, 2019 12:03 pm

HempNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Surpasses Opening of 50 Seventh Sense CBD Shops in Four Months

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that, in four months, it has surpassed the opening of 50 Seventh Sense Botanical Therapy shops. According to the update, the first Seventh Sense shop opening was announced mid-February, and, since that time, GGB has continued to roll out its Seventh Sense shops at a rapid pace with anticipation to open more than 200 such shops by the end of 2019. “This rapid rollout across the U.S. is truly unprecedented,” Green Growth Brands CEO Peter Horvath said in the news release. “We expect to open over 200 shops…

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WednesdayJun 12, 2019 11:46 am

HempNewsBreaks – Sugarmade Inc. (SGMD) to Enter Hemp Extraction Technologies and Equipment Market

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new business initiative intended to expand its revenue base.  According to the update, the company, over the coming weeks, will be entering the market for hemp extraction equipment and technologies, including several Chinese proprietary technologies, with the potential of increasing efficiencies. “Our staff has done extensive research into the fast growing hemp industry.  We continue to see an imbalance between cultivation outputs and extraction capacities within the industry,” Sugarmade CEO Jimmy Chan said in the news release. “This leads us to believe the market for…

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WednesdayJun 12, 2019 10:55 am

HempNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) Enters Definitive Agreement to Acquire Desert Hot Springs, California Dispensary

Nabis Holdings (CSE:NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced its entry into a definitive agreement to acquire 100% ownership of Desert’s Finest, a Desert Hot Springs, California-based 6,000 square foot dispensary. According to the update, the dispensary is licensed for the sale of cannabis products by the state of California and includes the potential, subject to future submission, for license expansion to add production and cultivation activities. “As we continue national expansion of the Nabis footprint, we are pleased to announce our…

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WednesdayJun 12, 2019 10:11 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces 2019 AGM Voting Results, Enters Multi-Year Agreement with Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT)

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday announced the voting results from its annual general meeting (“AGM”) of shareholders of the company, which was held in Mississauga, Ontario on June 11, 2019. According to the update, all matters put before shareholders for consideration were approved by the majority of votes cast at the meeting. In particular, shareholders approved the election of all director nominees, as well as items of business including setting of the company’s number of directors at six; and the appointment of KPMG LLP as the company’s auditor for…

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WednesdayJun 12, 2019 9:59 am

HempNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Completes Acquisition of Vegas Valley Growers North

National cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., this morning announced the completion of the acquisition of Vegas Valley Growers North (“VVG”). The total purchase price of the acquisition is $8,870,000, comprised of a cash payment of $7,620,000 and 2,814,180 common shares of the company, subject to approval by the Board of Directors and the CSE. Located in Las Vegas, Nevada, VVG is a vertically integrated, cash flow positive opportunity with a projected 2019 revenue of $6.6 million, expected gross profits of $3.1 million and EBITDA of $2.0 million. The acquisition of VVG includes…

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TuesdayJun 11, 2019 9:35 am

HempNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) CBD+ Wellness Collection Now Available on FreePeople.com

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that Free People, a bohemian lifestyle and fashion brand, is now offering the company’s CBD-infused botanical wellness products for purchase online. Free People is part of a portfolio of global consumer brands called “URBN” which also includes Urban Outfitters, Anthropologie, BHLDN, Terrain and the Vetri Family. The Wildflower CBD+ Cool Stick, Wildflower CBD+ Healing Stick, Wildflower CBD+ Vanilla Soap and Wildflower CBD+ Lavender Soap are now available under the Beauty & Wellness Collection on FreePeople.com. To view the full press release, visit http://cnw.fm/xVW4I About Wildflower Brands Wildflower Brands is a Vancouver-based…

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MondayJun 10, 2019 11:34 am

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Secures Multiyear Hemp Purchase Order from U.S. Tobacco De México

Full-scope, science-driven, premium cannabis cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced that it has secured a multiyear purchase order for the sale of hemp to U.S. Tobacco De Mexico, an industry leader with currently over 20 different brands of CBD hemp cigarettes. According to the update, the company will deliver in total $56.4 million worth of hemp flower to US Tobacco De Mexico for use in the production of CBD hemp cigarettes over the next five years. “U.S. Tobacco De Mexico has an excellent management team and has built capabilities necessary to compete globally, and we…

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MondayJun 10, 2019 10:35 am

HempNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Partner ACS to File NJ Application Under New DOH Program

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) this morning announced that its partner, Applied Cannabis Sciences of New Jersey ("ACS"), is preparing an application under the Department of Health’s new Request for Applications (“RFA”) program. According to the update, the Department will seek up to 24 cultivation, 30 manufacturing and 54 dispensary endorsements. ACS will apply for all three permit types, as allowable, creating a vertically integrated business model. “When we entered discussions to participate with ACS, we were particularly impressed by the team of industry experts they had assembled, and their deep local knowledge of the dynamic, developing New Jersey…

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MondayJun 10, 2019 10:24 am

HempNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expanding Production to Meet Increasing Demand

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that new production facilities are in the process of being built in an effort to meet increasing demand. Wildflower products are available across the U.S. in over 300 stores nationwide, and have recently been picked up by several national retail chains. Per the update, Wildflower has added a second shift at its existing production facility, but capacity is at 90% and the new facility is critical to the company’s growth strategy. “We are excited to get our new production facility up and running in order to meet the demand,” Wildflower CEO…

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