HempNewsBreaks

MondayMay 10, 2021 1:43 pm

HempNewsBreaks – Why Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Is ‘One to Watch’

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF), a torchbearer blazing a new frontier in American cannabis, adheres to the highest ethical, manufacturing, educational, branding and employment standards available in the industry. “Red White & Bloom is a super state operator, leveraging a sizable footprint to dominate the areas in which it operates. CEO Brad Rogers and other management members have seen the struggles of multistate operators who have spread themselves too thin, which is why Red White & Bloom is intent on dominating each state it enters before expanding further,” reads a recent article about the company. “Red…

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MondayMay 10, 2021 1:16 pm

HempNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Integrates Cutting-Edge Tech for Faster Throughput, Highest Quality

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) has ordered a state-of-the-art Cosolvent Injection System (“CIS”) from British Columbia-based Vitalis. The investment will make Pure Extracts one of the first companies in the world to receive the system, which will position it for many benefits. The CIS will be an add-on that enhances Vitalis carbon dioxide extraction systems that Pure Extracts already uses in its facilities. “The CIS provides dramatically faster throughput capacities while maintaining the quality of the cannabis and hemp extracts,” reads a recent article. “Furthermore, the Vitalis CIS has been designed to achieve the optimal ethanol…

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WednesdayMay 05, 2021 2:18 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Stands Distinct in Cultivation Approach

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has earned a reputation for producing premium-quality cannabis strains and products. The company’s yields are further bolstered by a genetics-based cultivation approach that has produced 50 “super-elite” strains and roughly 350 tested cultivars. A strategic partnership with plant breeding management and analytics firm Phenome One provides Pac Roots access to some of the world’s most robust cannabis genetics from the most extensive genetic library in Canada. This enables the company to develop unique strains with varying beneficial characteristics such as environmental resiliency and an optimized cannabinoid profile. “We don’t deal with seeds.…

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TuesdayMay 04, 2021 1:01 pm

HempNewsBreaks – Grapefruit USA Inc. (GPFT) Unveils Barrier-Free Line of Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, recently launched a new U.S. e-commerce website to serve as the online home for its growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist. He noted that the company’s original Hourglass technology-based products contained THC and, therefore, could not be sold across state lines or internationally. “No such federal legal barrier…

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MondayMay 03, 2021 3:02 pm

HempNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market

Hero Technologies (OTC: HENC), a Delaware-based company founded in 2004, is building a vertically integrated business model and leverages a strategic approach as a multi-state operator across multiple sectors of the cannabis industry. These factors uniquely position HENC “to capitalize on the fast-growing market and the growing number of opportunities emerging as a result of legalization and increased popularity among consumers,” reads a recent article. The article notes that the global CBD market, which was valued at $2.8 billion in 2020, is projected to reach $13.4 billion by 2028, growing at a 21.2% CAGR, while “the global legal cannabis market…

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MondayMay 03, 2021 11:14 am

HempNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Releases Corporate Update

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp, functional mushrooms and the rapidly emerging psychedelic sector, has provided a corporate update regarding its cannabis, functional mushroom and psilocybin business operations. The update notes that, in spite of COVID-19, its Pemberton, British Columbia facility is fully operational and in daily production. The company is focused on scalable entry into the U.S. market through a partnership with an Oregon-based, multistate operator (“MSO”). The company intends to produce its own branded products as well as white label products. In Canada, the company is ramping…

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FridayApr 30, 2021 2:12 pm

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Eyes Massive Potential Consumer Base

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, recently received conditional approval to launch its CBD products on the world’s largest cross-border online marketplace, Tmall Global. The approval effectively gives HempFusion the potential to reach more than 750 million new consumers and follows a similar move by its subsidiary, Probulin Probiotics LLC. Notably, the announcement is just one in a series of positive news about the company. “CBD.U became the first U.S.-based CBD and wellness products company to list directly on the Toronto Stock Exchange (‘TSX’) following the completion of…

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FridayApr 30, 2021 12:45 pm

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Cultivating Opportunity in Pristine Soil at Sol Valley Ranch

Green Hygienics Holdings (OTCQB: GRYN) is positioned well as big tobacco companies are making strategic moves into the fast-growing hemp industry. As innovators explore hemp-based alternatives to tobacco, large supplies of quality industrial hemp are required, more specifically quality hemp biomass and flower, from which to derive targeted CBD products. Among the concerns for big tobacco companies interested in the hemp space is the quality of soil. Due to poor farming practices in the past, soil contamination is considered an issue, primarily in Europe and the Eastern parts of the United States. Green Hygienics addresses this problem, as detailed in…

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MondayApr 26, 2021 3:37 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Eyes Several Expansion Initiatives

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, has earmarked funds it raised through a completed private placement for several expansion initiatives. The proceeds from the sale totaled $1.34 million and will go towards financing the “installment payments and development activities on its Fraser Valley property, final commissioning of the Lake Country project, brand development and U.S. business development with Lords of Grasstown and for general working capital,” reports a recent article. Fraser Valley is known for its lush and pristine farming conditions: “Only 2.4% of the total land farmed in B.C.…

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MondayApr 26, 2021 10:56 am

HempNewsBreaks – Grapefruit USA Inc. (GPFT) Releases FY 2020 Financial Report

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, has reported its financial numbers for fiscal year 2020. A highlight of the report is the company’s 714% year-over-year revenue growth. GPFT reported net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over revenues of $451,196 for the year ended Dec. 31, 2019, an impressive increase considering the global pandemic. The company also announced that it has focused on renegotiating key terms of approximately $4.2 million convertible notes issued to its institutional investor. As a result of these modifications, the company has eliminated an…

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