Breaks Categories: News

ThursdayMay 30, 2019 9:45 am

HempNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Releases Q1 2019 Financial Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced its Q1 2019 financial and operating results. Among the updates, the company outlined its strategy for continued capacity expansion and production capabilities, having doubled its annual production capacity at both its Hope, B.C. and Napanee, Ontario facilities in Q1 2019. “The first half of 2019 has been focused on increasing VIVO's production capacity. With the recent doubling of capacity at both our Canna Farms and Vanluven facilities, we have been very successful in that regard,” VIVO President and CEO Barry Fishman said in the news release. “Our goal has always been…

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ThursdayMay 30, 2019 9:35 am

HempNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Inks LOI to Acquire Astleys of London HK Limited

National cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., on Wednesday announced that it has entered into a Letter of Intent (“LOI”) to acquire British heritage brand Astleys of London HK Limited. Founded in 1862, Astleys was a luxury tobacco pipe purveyor in London that has recently been relaunched as a contemporary cannabis vape brand. Through a strategic collaboration, IONIC’s high-quality cannabis oil will be used in Astleys’ three vaporizer devices. IONIC will purchase Astleys’ portfolio of international intellectual properties and retain the brand’s principal management team as part of the acquisition. Subject to definitive…

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WednesdayMay 29, 2019 10:33 am

HempNewsBreaks – Golden Developing Solutions Inc. (DVLP) Inks LOI to Establish Licensing Agreement for Award Winning Line of Energy Drinks

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, this morning announced the signing of a Letter of Intent (“LOI”) to establish a licensing agreement in order to acquire full and exclusive rights to market and distribute a two-time award-winning proprietary line of energy drinks under the DNA Energy Drink brand. DVLP plans to market both CBD-infused and non-CBD energy drinks. “As we put together final documentation, we are preserving our option to acquire the brand and associated recipes at a later date,” Golden Developing Solutions CEO Stavros Triant stated in the news…

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WednesdayMay 29, 2019 9:49 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Bringing Back Rainbow Sorbet Flavored Gummies for Pride Month 2019

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading California edibles manufacturer, this morning announced the limited return of its popular Rainbow Sorbet gummies this June in support of the LGBTQ community during Pride month. Through a new partnership with the San Francisco LGBT Center, PLUS is donating $1 to the LGBTQ community for every tin sold of the best-selling seasonal flavor. “Compassion is a powerful force behind the national cannabis movement,” Plus Products Co-founder and Director of Sales Lucie Herold stated in the news release. “What I appreciate about the SF LGBT Center is that it offers services, education, resources…

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TuesdayMay 28, 2019 11:44 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Announces Nevada Market Expansion

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) today announced its expansion into the Nevada market, and first expansion outside of California. Per the update, PLUS has entered into a definitive agreement to partner with TapRoot Holdings Inc., a vertically integrated cannabis company operating Las Vegas, Nevada-based cultivation and manufacturing facilities. “As we look to expand beyond California, we remain committed to producing a consistent product in all jurisdictions,” PLUS Co-Founder and CEO Jake Heimark said in the news release. “We want the PLUS customer to have the same experience with our products whether they buy it in…

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TuesdayMay 28, 2019 10:59 am

HempNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Health Canada Fully-Licensed Status of Portfolio Company; Hosting Analyst and Investor Day

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company and subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. ("Vert Mirabel"), has received its final cultivation license from Health Canada. According to the update, all Vert Mirabel operating space of 700,000 square feet is now licensed for cannabis production. “We are thrilled that the operational infrastructure at Vert Mirabel is now fully online with over 500,000 sq. ft. already in production,” Canopy Rivers COO Olivier Dufourmantelle said in the news release. “Vert Mirabel is a key asset for Canopy Rivers as it…

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TuesdayMay 28, 2019 10:27 am

HempNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH(TM) Combined with Nanotech Delivers 1,137 Percent More CBD into Animal Brain Tissue

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that combining Lexaria's DehydraTECH(TM) delivery technology with generic nanotech techniques has been proven to deliver 1,137% more cannabidiol ("CBD") into animal brain tissue following oral ingestion than certain existing industry formulations. According to the update, the results were confirmed in recent testing based on Lexaria’s series of animal studies it announced that it was beginning on March 20, 2019. Results from the studies with multiple objectives, including developing a better understanding of how effectively edible forms of cannabinoids cross the blood-brain-barrier to enter brain…

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TuesdayMay 28, 2019 9:40 am

HempNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) Announces May 29 Effective Date for Name Change and BC Continuation

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 May 29, 2019 as the effective date for the company’s name change to “Nabis Holdings Inc.” and continuance into the province of British Columbia. The company’s common shares are expected to begin trading on the Canadian Securities Exchange under “Nabis Holdings Inc.” and current CSE ticker symbol “NAB” on or about June 3, 2019. The new CUSIP will be 629523101 and the new ISIN number will be CA6295231014.…

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TuesdayMay 28, 2019 9:28 am

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Acquisition Target SolDaze Begins Taking Pre-Orders for Spicy Mango Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that SolDaze, a company TransCanna recently entered into a non-binding Letter of Intent (“LOI”) with to acquire its business and assets, has started receiving pre-orders for its new Spicy Mango line of cannabis-infused mango snacks. SolDaze anticipates shipping of the line to begin during the second week of July. “The pre-book orders for our spicy mango are tracking ahead of the pre-booked orders when we launched our original cannabis-infused mango line,” SolDaze president Shawn Shevlin stated in the news release. “We did significant flavor profile testing to come up with a…

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FridayMay 24, 2019 1:46 pm

HempNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Begins Trading on the NASDAQ Global Select Market; Invests $15M in Chocolate Edibles Production Line

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., began trading on the NASDAQ Global Select Market on May 21, 2019. In connection to its new listing, the company entered into a master services agreement with Native Ads, Inc. to provide and manage a digital media marketing campaign at a total cost of approximately CAD$270,000. Organigram also entered into an agreement with Hybrid Financial Ltd. for marketing services to advisors, brokers and institutional investors in North America. Per the agreement, Organigram will pay a monthly retainer of approximately CAD$51,000 to Hybrid. Earlier in the week, the company…

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