Breaks Categories: News

ThursdayDec 06, 2018 9:51 am

HempNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances Final Tranche for Buildout of Refined Resin Facility

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its advancement of $750,000 to investee company Refined Resin Technologies Inc., an Oakland, California-based cannabinoid research and extraction company. This is FinCanna’s third and final tranche of its $3 million capital commitment to Refined Resin to fund the build out and operationalization of its 6,000 square foot, state-of-the-art medical cannabis extraction laboratory. “We are very pleased to see the company hitting key milestones as it moves towards full commercialization,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “With its…

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ThursdayDec 06, 2018 9:23 am

HempNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Reports Three Executives Are Set to Speak at Vancouver O’Cannabiz 2018

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning announced upcoming speaking engagements for the company and a portfolio client, Mary’s Tea, at the O’Cannabiz Conference and Expo: Vancouver taking place December 10-11, 2018. Virginia Vidal, CEO of Mary’s Tea, will serve as a head panelist at the expo and will be discussing edibles, infused foods and infused beverages. Redfund Capital Director Amanda De Freitas and CEO and Director Meris Kott will be discussing topics including the future of cannabis currency and the capacity to track supply chains, sales and transactions digitally. “O’Cannabiz is more about medical cannabis than…

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TuesdayDec 04, 2018 9:48 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Inks LOI on Exclusive Licensing Agreement for the VitaMist Product Line; Providing Webcast of LD Micro Main Event Presentation

ChineseInvestors.com, Inc. (OTCQB: CIIX), a developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning announced that it recently executed a Letter of Intent (“LOI”) with BCDBG, Inc. to acquire exclusive rights to all sales channels for the VitaMist product line in Asian markets domestically and internationally. Per the proposed licensing agreement, BCDBG will develop an exclusive product line for the company that will include vitamin sprays and vitamins/CBD spray combinations. “The licensing agreement with BCBDG, Inc. will be a significant development for ChineseInvestors.com, Inc.'s consumer division as we expand our…

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MondayDec 03, 2018 3:26 pm

HempNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Claims Multiple Categories at ACQ5 Global Awards 2018, CEO Identified as “Gamechanger of the Year”

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced its recognition at the 2018 ACQ5 Global Awards, where the company won two categories and its CEO, Oleg Firer, was named “Gamechanger of the Year.” In addition to Firer’s designation as 2018’s Gamechanger, the awards, which celebrate global organizations and individuals for achievement, innovation and brilliance, recognized NETE as U.S. Payment Solutions Provider of the Year and U.S. Scale-Up Company of the Year (Payment Solutions). “Our goal at Net Element is to be exactly as represented by the award we won - a gamechanger for the…

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MondayDec 03, 2018 11:19 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) Solidifies Leading Position in Edibles with Acquisition of Cannabis-Infused Baked Goods Brand GOOD CO-OP

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) this morning announced its entry into a definitive agreement to acquire the assets of California-based cannabis-infused baked goods brand GOOD CO-OP, Inc. in an all share transaction. The acquisition, valued at approximately C$2.03 million, represents PLUS’s strategic entry into baked goods, the third-largest edibles category, after reaching the top edibles position with only four full-time products. “When Pete and I started GOOD, our mission was to make the best cannabis baked goods products in the world,” GOOD CEO and Co-Founder Mike Appezzato stated in the news release. “Manufacturing consistent cannabis food…

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MondayDec 03, 2018 10:31 am

HempNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Recognized as Canadian Cannabis Brand of the Year

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced recognition of its wholly owned subsidiary, 7ACRES, as the Brand of the Year at the 2018 Canadian Cannabis Awards presented by Lift & Co. (TSX.V: LIFT). The awards celebrate Canadian cannabis, distinguishing the innovators, companies and products that make it great, and 7ACRES was selected by a panel of industry professionals across a variety of sectors in the space. "We are extremely honored to have been recognized as Brand of the Year by the Canadian Cannabis Awards,” Supreme Cannabis President and Founder John Fowler stated in the news…

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MondayDec 03, 2018 10:26 am

HempNewsBreaks – American Premium Water Corp. (HIPH) Teams with Aird & Berlis to Initiate Process for Canadian Exchange Listing

American Premium Water Corp. (OTC: HIPH) this morning announced its engagement of Canadian law firm Aird & Berlis to initiate the process of listing on a Canadian stock exchange, with targeted completion set for the end of the first half of 2019. “Today’s announcement is the first step to expand the Company’s reach into North American and the global investor market,” American Premium CEO and Interim Chairman Ryan Fishoff stated in the news release. “Listing in Canada will allow the Company to access capital markets in a region that is more mature and experienced in the cannabis industry where there…

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FridayNov 30, 2018 2:30 pm

HempNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Offering Products with Natural, Organic Ingredients to Serve Growing Markets

Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is responding to consumers’ desire for natural, organic ingredients by providing multiple product lines that exclusively use non-GMO, natural ingredients. A recent article discussing the company reads, “Consumers are shifting away from pharmaceutical companies and looking for natural remedies. Phivida is supplying this growing shift with two product lines, Vida+ and Oki. Vida+ (www.HempVidaPlus.com) offers a line of clinical hemp oil extracts and capsules. Oki (www.FeelOki.com) is a new line of consumer beverages and health supplements infused with active hemp extract. Oki beverages come in iced teas and flavor-infused water,…

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FridayNov 30, 2018 10:41 am

HempNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Nominates Three Independent Directors

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) today announced its nomination of Karen Basian, Maurice Levesque and Dr. J. André de Barros Teixeira to stand for election to the company’s board of directors at its December 28, 2018 shareholder meeting. Basian brings over 25 years of experience in the consumer products, financial services and technology sectors. Levesque has 30 years of experience in the Canadian financial industry, recognized for his broad knowledge, skills and experience in venture capital, financial services and new business formation and development. Dr. Teixeira has an extensive consulting background in the…

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FridayNov 30, 2018 10:09 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) Releases Q3 2018 Financial Results, Reports Record Revenue Growth of 617 Percent to $2.5M

Leading California edibles manufacturer Plus Products (CSE: PLUS) this morning announced its financial results for the three months ended September 30, 2018. The update provided Q3 2018 financial highlights, including: Record revenue of $2.56 million, reflecting a 617 percent increase over the three months ended September 30, 2017 and a 60 percent increase over Q2 2018; quarter-over-quarter retail sales growth of 104 percent to $8.0 million in Q3; gross margin of $0.38M (15 percent) for Q3 2018 compared to -$0.17M (-48 percent) in Q3 2017; strong cash position of $11.1 million at end of Q3, prior to closing of CAD$20…

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