Breaks Categories: News

MondayJun 03, 2019 11:42 am

HempNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Achieves 78% Sales Growth in Q3

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that its third quarter sales were up to $2.5 million, reflecting a 78% increase over the second quarter. According to the update, Wildflower sales have increased every quarter since the company began selling its popular line of hemp CBD products. In addition, Wildflower reported City Cannabis Corp’s financial results for the quarter ending March 31, 2019, and expects to close the City Cannabis acquisition before the end of June. “We are pleased with the financial results of both Wildflower and City Cannabis,” Wildflower CEO William MacLean said in the news release. “Sales…

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MondayJun 03, 2019 10:25 am

HempNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) TCM Distribution Receives Adult Use Manufacturing and Distribution Permits from City of Adelanto

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that its wholly owned subsidiary, TCM Distribution, Inc., has received an adult use cannabis manufacturing permit and an adult use cannabis distribution permit from the City of Adelanto, California. According to the update, TCM Distribution applied for the permits after sub-leasing an Adelanto-based 10,000-square-foot warehouse space. In addition, TCM Distribution has applied for its adult use permanent manufacturing license and distribution licenses from the state of California, which are pending. “The purpose of the Adelanto facility is two-fold; first, it’ll be used as one of our southern California satellite facilities for goods…

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MondayJun 03, 2019 9:33 am

HempNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Acquire 49% Interest of Cannova Medical

Innovative Properties Inc. d/b/a 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 an agreement to purchase 2,260,500 common shares, representing a 49% interest, of Cannova Medical Ltd., and to acquire the remaining 51 percent interest at the option of Nabis. Israel-based Cannova is a provider of innovative solutions for cannabis consumption and has developed a sublingual strip with proven qualities that allow producers to more effectively control dosage quantities, utilizing only organic substances and eliminating unintended side…

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MondayJun 03, 2019 9:22 am

HempNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) CEO to Participate in Panel Discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian cannabis cultivation firm, on Friday announced that the company’s CEO Vinay Tolia is scheduled to participate in a panel discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference taking place at The Pierre New York in New York City on Thursday, June 6th. Tolia will be available for one-on-one meetings during the conference following the “Accelerating Canadian Players” panel discussion that will be held from 10:15 to 11:00 AM ET. In addition, Flowr is presently advancing its goal to secure distribution in further Canadian jurisdictions including Alberta. Flowr branded recreational products…

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FridayMay 31, 2019 12:35 pm

HempNewsBreaks – ChineseInvestors.com Inc.’s (CIIX) CBD Biotechnology to Present at the LD Micro Invitational on June 4

ChineseInvestors.com (OTCQB: CIIX) on Tuesday announced that Alex Hamilton, CFO of the company’s wholly owned foreign enterprise CBD Biotechnology Co. Ltd., will be presenting at the 9th Annual LD Micro Invitational taking place at the Luxe Sunset in Bel-Air, California June 4–5, 2019. Hamilton’s presentation will include a corporate overview and will address recent business highlights concerning its Chinese industrial hemp/CBD business. The presentation will take place on Tuesday, June 4 at 2:20 PM PT. In addition, Hamilton will be available for one-on-one meetings with investors during the conference. To learn more or schedule a one-on-one meeting, contact [email protected]. “This…

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FridayMay 31, 2019 10:40 am

HempNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Certified Organic for Recreational Cannabis with Pro-Cert

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), a leading licensed producer of cannabis, today announced that its recreational cannabis plants and growing processes have been certified organic with Pro-Cert Organic Systems Ltd. According to the update, Pro-Cert is one of North America's foremost certification bodies and is IOAS accredited to provide third party certification to Canadian Organic Standards. Organigram's organic strategy and product offering is strengthened by the Pro-Cert certification, which compliments the company’s existing EcoCert certification for the organic process for its medical products. “We know that there is a significant consumer demand for organic cannabis products,” Organigram CEO Greg…

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FridayMay 31, 2019 9:48 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reports Unaudited Q1 2019 Results; CEO to Participate in Upcoming Forum

Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Thursday released its unaudited financials for the quarter ended March 31, 2019. Among the updates, the company reported revenues of $3.2 million in Q1 2019, which reflects a 274% year-over-year growth over Q1 2018 revenues of $0.9 million. “Our Q1 results represent continued strong revenue performance and gains in market share,” PLUS Products Co-Founder and CEO Jake Heimark said in the news release. “As we progress further into 2019, we hope for an increase in the enforcement and regulatory clarity in the illegal cannabis market. Our involvement and leadership in the National Cannabis…

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FridayMay 31, 2019 9:30 am

HempNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Applauds New CBD Legislation in South Africa, Explores New Prospects

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Thursday commented on South Africa's Department of Health removing Cannabidiol (“CBD”) from the country’s Schedule 7 list of highly controlled drugs. This move allows the legal sale of CBD products made in accordance with the government's specified preparations. Medigrow Lesotho, the company’s international medical cannabis oil partner, is licensed by the Lesotho Ministry of Health to cultivate and manufacture medical cannabis and cannabis oil products in the Kingdom of Lesotho, a jurisdiction located within Southern Africa. Through its preferential global distribution agreement with Medigrow, Supreme Cannabis will be exploring opportunities…

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ThursdayMay 30, 2019 11:38 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces June 3 Distribution of SpinCo Unit Warrants to Electing Shareholders

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced, further to its February 6, 2019 news release, that it will effect on June 3, 2019 the distribution of unit purchase warrants ("SpinCo Unit Warrants") of TGODF Acquisition Corp. ("SpinCo") to electing shareholders. According to the update, the warrants will be distributed to all registered TGODF shareholders (i.e. TGODF shareholders who hold their shares in their own name) of record as of January 31, 2019 who elected to receive the SpinCo Unit Warrants under its previously announced plan of arrangement with SpinCo. Beneficial shareholders,…

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ThursdayMay 30, 2019 11:27 am

HempNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Strategic Direction of NUGS Farm North

Cannabis Strategic Ventures (OTCQB: NUGS) today announced the strategic direction of NUGS Farm North, its wholly owned and operated flagship farm located in Northern California. Per the update, the six-acre, fully operational cultivation operation is expected to reach complete capacity by the fall of 2019, positioning Cannabis Strategic Ventures as one of the largest volume cultivators in the state of California. “We believe the operationalization of NUGS Farm North will enable us to become one of the largest legal cultivators and distributors of multiple types of cannabis products in California and the United States. Located in an area of rich…

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