Breaks Categories: Stock Spotlights

MondayAug 03, 2020 2:34 pm

HempNewsBreaks – Sugarmade Inc. (SGMD) Revises ‘Expectations to the Upside’ with Dramatic BudCars Growth

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has seen dramatic growth and is working on further geographic expansion since its February acquisition of BudCars, a cannabis retail business that offers same-day delivery of top-shelf product. BudCars’ service currently reaches the communities of Granite Bay, Folsom, Arden Arcade, Carmichael, Citrus Heights, Orangevale and Roseville/Rocklin (http://cnw.fm/q1OQD), and the company is working to expand even further into Southern California. A recent article quotes Sugarmade CEO Jimmy Chan on BudCars’ impressive performance, where he states, “The growth has been so dramatic that we have had to drastically revise our expectations to the upside,…

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MondayJul 20, 2020 2:39 pm

HempNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Success with Same-Day Cannabis Delivery

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, is building a diverse brand portfolio through strategic, accreditive acquisitions. The company’s most recent acquisition, BudCars Cannabis Delivery Service, is one such move that is driving success. A recent article discussing this reads, “Quick to seize market opportunities as they arise, SGMD acquired BudCars, a premier cannabis-delivery service, positioning itself to capitalize on this growing trend. BudCars is an online shopping platform for same-day cannabis delivery designed to provide customers with a convenient way to discover and order a wide range of cannabis products, including flowers, edibles, pre-rolled, tinctures, vapes and concentrate…

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ThursdayJul 02, 2020 3:03 pm

HempNewsBreaks – SinglePoint, Inc.’s (SING) 1601 Original Hemp Revenue Jumps 133% in Q1 2020

SinglePoint (OTCQB: SING) recently reported its quarterly financials for the period ending March 31, 2020. Among other highlights, the company’s Hemp cigarette brand, 1606 Original Hemp, experienced a sharp climb in sales, with revenues rising 133% in Q1 2020 compared to the previous quarter. (http://cnw.fm/hu4Hk). An article discussing the company reads, “SinglePoint’s hemp subsidiary enjoyed a similarly successful start to the year with the company announcing that its hemp cigarette brand, 1606 Original Hemp, had reported a sales growth rate of 133% in the first quarter relative to the previous three months, while early indications of second quarter sales suggested…

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WednesdayJun 10, 2020 12:38 pm

HempNewsBreaks – SinglePoint Inc. (SING) Leverages Rising Popularity of 1606 Hemp Cigarettes

SinglePoint (OTCQB: SING) recently announced plans to expand the launch of its 1606 Hemp cigarettes with a new six-pack countertop display (http://cnw.fm/9dOOJ). An article discussing the company’s new hemp initiatives reads, “‘The great thing about the hemp cigarette is, unlike tobacco, the hemp product can sit up on the counter,’ commented Lambrecht in the interview. Made from broad-spectrum, American-grown, harvested and cured hemp flower, the filtered pre-rolls are made with less than 0.3% THC and contain nearly 20% CBD in each pre-roll, providing a smooth alternative to tobacco products. With a fast-growing fan base of loyal users, the pre-rolls have seen…

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WednesdayMar 04, 2020 2:59 pm

HempNewsBreaks – SinglePoint Inc. (SING) Supplying Quality Hemp Products to Emergent Market

Diversified holding company SinglePoint’s (OTCQB: SING) 1606 Original Hemp Cigarette brand has been amassing substantial sales online. An article further discussing the company’s hemp brand reads, “On the hemp front, SinglePoint’s 1606 Original Hemp line features a filtered, pre-rolled, 100% tobacco- and nicotine-free hemp cigarette. Of note is that the smokable hemp market currently represents about 2% of the overall CBD market — with 250% growth from 2017 to 2018. New Frontier Data estimates that the U.S. legal cannabis market will grow to $30 billion by 2025 (http://cnw.fm/Dyg8E). Based on those numbers, SinglePoint is at the vanguard of this trend…

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FridayJan 17, 2020 2:55 pm

HempNewsBreaks – SinglePoint Inc. (SING) Debuts New Line of JTI USA’s PrimeTime Little Cigars at 2019 MJBIZCON

SinglePoint (OTCQB: SING) recently entered into a distribution agreement with JTI USA, a multibillion-dollar organization with an international presence in 130 countries (http://cnw.fm/fFn79). An article discussing the company reads, “In addition to debuting the 1606 Original Hemp pre-rolled product, SING will represent — and take orders for — JTI’s PrimeTime Little Cigars debut. This product has already become known as the ‘best-flavored little cigars’ on the market. PrimeTime(TM) has built a reputation as a leading consumer over the last 20 years and has been in major accounts such as Circle K and 7-Eleven. . . . ‘I’m excited and honored…

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WednesdayJan 15, 2020 2:44 pm

HempNewsBreaks – MCTC Holdings Inc. (MCTC) CEO Recaps Management Restructuring, Strategy Adjustment

MCTC Holdings (OTC: MCTC), a cannabinoid science-forward company developing unique hemp-infusion technologies, recently issued a letter to shareholders from CEO Arman Tabatabaei. An article discussing the company reads, “MCTC reorganized its management in May and redirected its budding strategy from hemp cultivation and post-harvest processing segment to the science of hemp extract and cannabinoid biodelivery, avoiding ‘many of the well-publicized issues currently being experienced in the hemp sectors’ while wholeheartedly embracing the underserved market pertaining to how cannabinoids are best utilized by the human body, Tabatabaei states in his letter (http://cnw.fm/6rbBI). . . . ‘In only a few months, through our internal…

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FridayDec 13, 2019 12:56 pm

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Strengthens Executive Team, Advisory Board to Advance in Industrial Hemp Industry

Green Hygienics Holdings (OTCQB: GRYN), an innovative, premium-cannabis cultivation and branding enterprise, named four professional managers to its board as part of the company’s endeavors to build its leadership in the rapidly growing industrial-hemp market (http://cnw.fm/0oWvU). A recent article discussing the appointments reads, “According to Green Hygienics Holdings CEO Ron Loudoun, each of the four professionals joining the team adds considerable value to the company’s growth strategy. ‘The industrial-hemp industry is paced for revolutionary progress, and I am pleased to welcome these gentlemen as we compete in this incredible market,’ he said. . . . A Research and Markets report indicates…

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TuesdayDec 03, 2019 2:28 pm

HempNewsBreaks – Hemptown USA Aims to Capitalize on Mounting CBG Market

Hemptown USA, a privately owned grower of full-spectrum, feminized hemp using premium-seed genetics, plans to capitalize on the rising cannabigerol (“CBG”) market. A recent article discussing the company reads, “Feminized hemp plants must normally be harvested early in the growth process to capture the CBG before it changes its form to CBD and tetrahydrocannabinol (THC), but Hemptown USA plants have been designed to allow harvesting later at full maturity. They have also been designed to be far richer in CBG (10–14%). In 2020 and beyond, the company has exclusive rights to 20% of the latest and greatest novel cannabinoids being…

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WednesdayNov 27, 2019 10:21 am

HempNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Advances Toward Equipment Installation at Hemp-Biomass Extraction Facility

HTC Extraction Systems (TSX.V: HTC), a hemp-biomass processing entity, recently completed its 19,000-square-foot facility in Port Lajord and is anticipating the arrival of its initial new extraction equipment in December 2019. An article discussing the company reads, “Installation of the extraction and formulation equipment will mark the next major stage for the company’s strategy of building on hemp biomass tolling contracts on both sides of the U.S.-Canada border to extract CBD full-spectrum oil (‘FSO’) and to keep a percentage of the distillate for future sales and offtake agreements, including sales to the cannabinoid pharmaceutical market. Bought-deal, private-placement financing that closed…

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