HempNewsBreaks

WednesdayFeb 10, 2021 10:09 am

HempNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces First Commercial Contract for CBD Oil

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp and mushroom products, has contracted for its initial commercial CBD oil sale. The company anticipated the contract will result in multiple shipments of its 85% pure CBD distillate offering this year. Pure Extracts’ state-of-the-art, subcritical/super-critical CO2 extraction system produces an exceptionally pure THC and CBD full-spectrum oil and distillate. The resulting distillate can be used to manufacture a variety of cannabis 2.0 products, such as beverages, edibles and vape pens. The announcement also noted that Pure Extracts continues its commitment to increase awareness.…

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TuesdayFeb 09, 2021 11:49 am

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) CMO to Serve 2nd Consecutive Term as President of US Hemp Roundtable

HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, today announced that its Chief Marketing Officer, Ola Lessard, was elected president of the U.S. Hemp Roundtable for a second consecutive term. The “Roundtable” is one of the most influential non-profit organizations advocating for national hemp legislation in the United States. This election makes Lessard not only the first woman, but also the first two-term president in the organization’s history. “I am truly honored by the confidence my peers have shown in me by electing me to a…

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TuesdayFeb 09, 2021 11:20 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Preliminary Q4 2020 Revenue, Forecast Numbers

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has announced its Q4 2020 preliminary, unaudited revenue numbers. According to the release, the company reached $10.9 million in unaudited gross revenue in Q4 2020 for the period, with an increase in quarter-over-quarter revenue of 91%. The company also released an updated revenue forecast. The Q4 revenue is a 235% increase over the previous year. In the announcement, the company noted that the numbers reflect the significant progress and growth achieved in its Canadian operations and sales, which accounted for $8.6 million of the…

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MondayFeb 08, 2021 11:11 am

HempNewsBreaks – Grapefruit USA Inc. (GPFT) Releases Preliminary Revenue Numbers, Notes 714% Growth for Calendar Year

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, announced its unaudited revenue results for calendar year 2020. The numbers indicate that Grapefruit totaled revenues of an estimated $3,672,353 for the year ended Dec. 31, 2020, which represents an increase of approximately $3,221,156 from 2019. The announcement noted that, based on those preliminary numbers, the company is reporting revenue growth of 714% in 2020. The company has spent the last year and a half focused on bringing its patented Hourglass(TM) topical THC/cannabinoid delivery cream to market. Demand for the disruptive product has been robust, the company reported, with…

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ThursdayFeb 04, 2021 3:25 pm

HempNewsBreaks – CannAssist International Corporation (CNSC) Pioneers Promising CiBiDinol Technology

CannAssist (OTCQB: CNSC), a biotechnological pharmaceutical and wellness company, believes that its proprietary CiBiDinol technology will be a game-changer. According to a recent article, “the company believes that the amount of CBD needed to achieve the targeted therapeutic effects can be reduced significantly, resulting in reduced costs for both manufacturers and consumers.” CBD-based products “reduce inflammation while providing pain relief.” They are also the preferred option because they are “a gentler way to relieve pain and reduce inflammation,” unlike mainstream pharmaceuticals that have dangerous toxicity levels. CiBiDinol’s high efficacy per dose was the subject of “testing conducted via third-party services…

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ThursdayFeb 04, 2021 2:09 pm

HempNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Builds on Success, Launches into 2021 with Exciting Projects

Pac Roots (CSE: PACR), an innovative genetics-based cannabis company located in Canada, recently provided an update to investors and stakeholders following the first hemp harvest on its 100-acre site situated in British Columbia’s South Okanagan Valley. Pac Roots announced the remarkable success of its initial harvest, which yielded a quality far higher than expected. The company also announced that it would process and sell the entire >105,000-pound biomass to Speakeasy Cannabis Club (CSE: EASY).  A recent article covered this as well as the company’s low-cost production capabilities, which Pac Roots believes provide a sustainable competitive advantage and the ability to…

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ThursdayFeb 04, 2021 1:34 pm

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Continues Build Out of Highly Differentiated Business Model

Green Hygienics Holdings (OTCQB: GRYN) ("GHH") is focused on quality cultivation and processing of industrial hemp as well as manufacturing of pharmaceutical-grade bioactive cannabinoids. On the heels of its first successful crop harvest and entry into the wholesale retail stage of development, the company has engaged the services of McAllister Garfield, PC, a top law firm in the industrial hemp space. Green Hygienics made the decision in anticipation of rapid growth in 2021. “When lawmakers tighten the belt on hemp regulations, Green Hygienics is positioning itself to be ahead of the curve and thrive,” said GRYN CEO Ron Loudoun in…

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WednesdayFeb 03, 2021 10:42 am

HempNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB:8OO) Announces US Symbol

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, announced that it has secured its OTC Markets trading symbol, “CBDHF,” allowing a broader U.S. investor audience the ability to trade shares in the company. “As a U.S.-based CBD company, this important step allows a broader range of U.S. investors to access the company,” said Jason Mitchell N.D., HempFusion’s co-founder and CEO. “Additionally, we have applied for an OTCQX listing and DTC eligibility, which we expect in the coming weeks subject to the approval of the OTCQX and the satisfaction of certain…

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MondayFeb 01, 2021 3:01 pm

HempNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Eyes Additional Industry Opportunity, Long-Awaited Guidance

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, quickly earned a reputation as one of the fastest-growing and most innovative lifestyle brands. The company’s flagship product was a premium 8.8 pH balanced alkaline drinking water produced through an innovative, state-of-the-art proprietary electrolysis process. In 2018, WTER became publicly traded and soon expanded into the CBD space, timed perfectly with the passing of the Farm Bill, which made CBD a buzz word in the health and wellness industry. In 2020, WTER partnered with Centuria Foods and launched A88CBD(TM),…

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MondayFeb 01, 2021 11:45 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Will Transition Medical Business to Wholesale Model, Offer Products Through Online Platform

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has announced plans to transition its medical business to a wholesale model. In the announcement, the company noted that the strategic move aligns with other pharmaceutical products' distribution models and allows the company to reallocate resources to support growth opportunities. TGOD’s national supply agreement with Canada's largest pharmacy network, Medical Cannabis by Shoppers, means that all TGOD products will be available through an online store platform. Medical Cannabis by Shoppers is a subsidiary of Shoppers Drug Mart Inc. and is Shoppers' largest supplier of…

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