HempNewsBreaks

MondayApr 12, 2021 1:25 pm

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Advances in Goal to Build E-Commerce Portfolio, Target Specific Market Segments

Green Hygienics Holdings (OTCQB: GRYN) recently closed on the acquisition of certain assets of Primordia, a seed-to-soil, single-origin hemp supply company. The strategic move brings Green Hygienics significantly closer to its goal to build a portfolio of e-commerce sites that target specific market segments while expanding its supply chain potential. Assets acquired in the transaction include Primordia inventory, equipment, brands and trademarks, as well as an e-commerce site, customer base and relationships that provide the potential for up to 10,000 acres of contract cultivation. “We are at the forefront of a growing, dynamic new sector within the biotech industry,” said…

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MondayApr 12, 2021 10:51 am

HempNewsBreaks – Hero Technologies Inc. (HENC) Announces Independent Review Confirming Fair Value of Veteran Hemp Co. Acquisition

Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, today announced its receipt of an independent third-party valuation and purchase price allocation for its acquisition of the assets of V Broker LLC dba Veteran Hemp Co. Colorado-based Veteran Hemp Co., founded by U.S. military veterans, is an online retailer and wholesaler of hemp and cannabinoid products. Hero Technologies acquired Veteran Hemp Co. in November 2020, and the acquired assets are valued at $169,711. "We are pleased that an independent review has confirmed the fair value of our Veteran Hemp Co. asset acquisition," said Hero Technologies' CEO…

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FridayApr 09, 2021 1:25 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Targets Investments that Complement, Further Business Goals

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, recently acquired a large tract of land (250 acres) in one of Canada’s most productive and intensively farmed areas. “The company is also in the process of completing its 20,000-square-foot cultivation facility in Lake County, B.C., that will allow it to cycle through an elite line of high-grade cultivars across roughly 7,600 square feet of cultivation space,” reads an article discussing Pac Roots’ recent moves. The land and cultivation facility are part of a growing list of investments, given that the company recently completed…

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TuesdayMar 23, 2021 1:54 pm

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Results from CBD Liver Safety Study Have Been Released

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced that Validcare released its initial findings from an industry-sponsored, decentralized, human-safety study of hemp-derived CBD products. Validcare is coordinating the execution of the study, which HempFusion was involved with. The study may be the largest human observational, liver and human toxicology study to date. According to HempFusion’s announcement, the seven-month-long study showed no evidence of liver toxicity in any of the 839 participants enrolled in the clinical trials; the company noted that the study results are…

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MondayMar 22, 2021 2:09 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Looks Poised to Benefit from Growing Demand for CBD

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, appears to be positioned for opportunity driven by the growing demand for cannabidiol (“CBD”) due to a variety of factors. According to an article on Pac Roots, the first reason is that the company “leverages genetic technology to cultivate unique strains prized in the industry for their potency and overall effectiveness.” Secondly, “CBD continues to gain mainstream attention among health care professionals and the general public as a way to address symptoms of chronic diseases — particularly those associated with inflammation.” According to researchers…

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ThursdayMar 18, 2021 10:35 am

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Launches Probulin Probiotics in China Through World’s Largest Cross-Border Marketplace

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, through its wholly owned subsidiary Probulin Probiotics LLC, is offering products in China. The products are available on Alibaba Group Holding’s Tmall (“Tmall”) Global, the world’s largest cross-border online marketplace, with a reach of more than 750 million potential customers in China, Hong Kong, Macau and Taiwan. Calling the move a tremendous opportunity, the company plans to begin shipping product next week, with products available for purchase beginning March 29, 2021. The company anticipates having its Total Care…

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FridayMar 12, 2021 3:07 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Finds Market for Entire High-Quality Harvest

Pac Roots (CSE: PACR) (OTCQB: PACRF), an innovative genetics-based cannabis company located in Canada, has differentiated its CBD plants from other producers’ by focusing on quality, the result of which has enabled it to sell its entire harvest despite the current oversupply. Pac Roots, which “has earned a well-established reputation for producing premium quality strains and products through the use of a meticulous, genetics-focused harvest approach, … embarked on a joint-venture with Rock Creek Farms to plant over 130,000 premium hemp CBD plants on 100 acres of prime arable land in British Columbia,” following the award of an industrial hemp…

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TuesdayMar 09, 2021 3:41 pm

HempNewsBreaks – Green Hygienics Holdings Inc.’s (GRYN) Milestones Pave Path to Drive New Product Commercialization

Green Hygienics Holdings (OTCQB: GRYN) is dedicated to delivering the highest operating standards of industrial hemp cultivation and processing, as well as the manufacturing of pharmaceutical-grade bioactive cannabinoids. GRYN, with a commitment to becoming the most highly certified hemp company in the industry, is poised to bring safe and consistent products to market and thus change the industry’s landscape and enhance consumer confidence. Green Hygienics achieved important milestones in 2020 that lie at the heart of its value proposition and pave a research-based innovation path to drive new product commercialization fully compliant to USDA and FDA regulatory requirements. A recent…

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MondayMar 08, 2021 2:22 pm

HempNewsBreaks – Hemptown Organics Corp. Issues Shareholder Update

Hemptown Organics, a diversified hemp company doing business as Hemptown USA, committed to producing premium tobacco and smokable hemp products, on Friday issued a letter to its shareholders and debenture holders from its president, director and co-founder, Michael Townsend. In the update, Townsend expressed optimism for the cannabis sector and provided the company’s progress on many fronts, including its debut on the nationally branded show Americas Next Investment and subsequent investor leads, completion of its much-anticipated IFRS 2019 and 2020 financial statements and progress at its Oregon farm. The letter reads, “Processing continues to operate at full capacity on the…

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ThursdayMar 04, 2021 10:03 am

HempNewsBreaks – Hemptown Organic Corp. Announces Appointment of New Board Member

Hemptown, one of the nation’s leading cultivators of feminized hemp, has appointed a new member to its board. Zayn Kalyan joined the board, effective Jan. 29, 2021. With more than eight years of experience working in investment banking and venture capital, Kalyan has served in several business development, executive leadership, financial management and public company board roles. He has been with Hemptown as vice president of corporate finance since late 2018 and has been an essential member of the company’s executive team. His expertise comes from playing a vital role in originating more than $50 million in financing for multiple…

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