Breaks Categories: News

MondayNov 05, 2018 3:06 pm

HempNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Funds Winterlife Inc.

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has signed a promissory note to fund Winterlife Inc. including the premier launch of its new CBD and hemp-based product line, WinterlifeCBD. The WinterlifeCBD product line is free of THC and is entirely organic, vegan and gluten free. The line is comprised of gourmet cookies, tinctures and capsules manufactured in Washington State. The companies inked a two-year term convertible secured promissory note for CAD $1,000,000 at an annual interest rate of 14%. Redfund holds the option to convert the note at any time during the term. Additionally,…

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MondayNov 05, 2018 11:37 am

HempNewsBreaks – American Premium Water Corp. (HIPH) Appoints CEO as Interim Chairman

American Premium Water (OTC: HIPH) this morning announced that CEO Ryan Fishoff has been appointed as Interim Chairman, effective November 2, 2018. “I am extremely honored to have the additional responsibility of Interim Chairman. When I was given the opportunity to take over as CEO last year, the board believed in my vision for this company. Over the past year I have been able to implement a lot of that vision, and I am looking forward for the upcoming year to continue to grow and achieve the goals that I have outlined as the company continues to transform and get…

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MondayNov 05, 2018 10:43 am

HempNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) Increases Investment in Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), together with Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), this morning announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per share, with a four year maturity date. The unsecured convertible debenture is subject to a minimum conversion amount of $5,000,000. Following the expiration of the hold period, if the volume weighted average trading price ("VWAP") of the common shares on the CSE…

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FridayNov 02, 2018 12:20 pm

HempNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Receives Speculative Buy Rating, $5 Price Target from Clarus Securities

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, is making a name for itself in the booming cannabis sector. FLWR was recently covered in a research report by Clarus Securities, which was then highlighted in a recent article published by CantechLetter.com, titled ‘The Flowr Corporation could be a big winner in the cannabis space, Clarus Securities says’. The research report describes the company as “one of the very few Canadian licensed producers of cannabis with experience in successfully scaling indoor cultivation of premium product.” Clarus Securities…

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FridayNov 02, 2018 10:06 am

HempNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Appoints Senior VP, Distribution to Drive Brand Growth, Market Presence

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) announced the appointment of its new Senior Vice President, Distribution Greg McCauley. McCauley’s experience spans over 30 years in the consumer products industry, serving in roles with major brands including Jägermeister, Muscle Milk and Red Bull. His experience, skills and network position will assist Phivida in driving product growth, initially with the launch of its Oki brand and to optimize its presence in the rapidly-growing premium functional food and beverage market. "Phivida is delighted that Greg will be joining our team to work with us on this next exciting stage of…

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ThursdayNov 01, 2018 11:49 am

HempNewsBreaks – Sugarmade, Inc. (SGMD) Inks $40M Definitive Agreement for Strategic Acquisition of Sky Unlimited, LLC

Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning announced its signing of a binding definitive agreement to acquire Sky Unlimited, LLC, which offers a variety of popular hydroponic brands to several growing agricultural cultivation sectors through its AthenaUnited.com operations and website. Sugarmade expects the acquisition to be highly accretive to common shareholder value and is raising its calendar 2019 revenue guidance from $30 million to $70 million. In accordance with the agreement, Sugarmade will assume all Sky Unlimited operations, brand assets, customers and liabilities, and will retain all employees. Sugarmade will issue Sky Unlimited owners ten million non-refundable shares of…

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ThursdayNov 01, 2018 10:21 am

HempNewsBreaks – American Premium Water Corp. (HIPH) Acquires Proprietary Hydro-Nano, CBD and THC Infusion Formation Technology

American Premium Water (OTC: HIPH) this morning announced its acquisition of proprietary technology including formulations infused with electrolyte energy, cannabidiol (“CBD”) and tetrahydrocannabinol (“THC”). Completed through the issuance of restricted stock, American Premium expects to boost its market share with these proprietary formulations that are based on the company’s hydro-nano technology utilized for its original CBD water beverage. The technology allows for an up to 90 percent higher absorption rate than any other beverage in its class, enabling rapid penetration of infused formulations into the cells through surpassing the bloodstream and creating a more immediate effect. The company intends to…

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ThursdayNov 01, 2018 10:00 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Presenting at the NIBA Investment Conference

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning reported that it is presenting at the National Investment Banking Association (“NIBA”) 145th investment conference taking place Oct. 31 - Nov. 1 at the Crowne Plaza Times Square in New York City. The NIBA conference highlights both public and private companies that are looking to raise capital or to increase their profile in the investment community. In addition to investors, attendees of the event include registered investment advisors, venture capital groups, fund managers and private equity groups. "Our…

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TuesdayOct 30, 2018 10:27 am

HempNewsBreaks – NUGL Inc. (NUGL) Expands Operations to Support Growing Digital Footprint

NUGL (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced expansion of its internal operations to support sales and marketing growth for the company, as well as the anticipated launch of NUGL Magazine. NUGL’s newly-created leadership positions include: LA Regional Sales Representative; National Sales Representative; and Online Digital Marketing Manager. In addition, five new consultants were added as part of the expansion in positions ranging from national advertising sales associates to internet traffic managers and national content contributors. “We are growing fast, and November is the month to start monetizing our growth. We are creating a massive…

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TuesdayOct 30, 2018 9:28 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Enters Final Stages of Audit; Begins Drafting Form 10

Global Payout (OTC: GOHE) in conjunction with its wholly owned subsidiary MTrac Tech Corp., this morning announced that it is in the final stages of its audit and has commenced drafting its Form 10. The company anticipates that its Form 10 will be filed within the next few weeks. The success of this objective signifies a key milestone for GOHE as it seeks to expand nationwide as a premier technology provider. “The completion of this audit has been a long time coming,” Global Payout CEO Vanessa Luna stated in the news release. “There were a number of challenges associated with…

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