HempNewsBreaks

MondayJul 08, 2019 10:08 am

HempNewsBreaks – Imaging3 Inc./Grapefruit Boulevard Investments Inc. (IGNG) Executes Settlement Agreement with Greenberg Glusker

Imaging3 Inc./Grapefruit Boulevard Investments Inc. (OTCQB: IGNG) today announced that it has reached a settlement agreement with its former bankruptcy counsel and largest trade creditor, Greenberg Glusker Fields Claman & Machtinger LLP (“GG”). Per the update, the agreement calls for IGNG/Grapefruit to liquidate the outstanding $1,245,380 balance through payment of $204,000 to GG in three $68,000 installments by November 30, 2019, as well as immediate issuance of 6,351,126 IGNG common shares to GG at an agreed value of $0.164 per share. “Once again we have achieved a positive conclusion to a significantly thorny component of Grapefruit’s reverse acquisition of IGNG.…

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MondayJul 08, 2019 9:44 am

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement to Acquire The GoodFellas Group LLC

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced its entry into a definitive acquisition agreement dated July 6, 2019, to acquire The Goodfellas Group LLC, a company specializing in branding, sales and marketing in the cannabis and hemp industries. According to the update, the acquisition includes the GoodFellas sales management team and sales force, as well as its existing inhouse brands, Simple Farms and Daily Cannabis Goods. Goodfellas also represents third party cannabis brands, including Biovelle, a CBC-infused coconut oil that TransCanna proposes to acquire. "As represented in our investor conference call last week we've accomplished the first…

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FridayJul 05, 2019 3:29 pm

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands Footprint in Western Canada via AGLC Supply Agreement

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, recently entered a supply agreement with Alberta Gaming, Liquor and Cannabis (“AGLC”) (http://cnw.fm/8Yap2). An article discussing the company’s deal reads, “The agreement with AGLC was negotiated in association with Velvet Management Inc. Velvet Management provides a fully integrated, national sales and distribution platform for TGOD’s premium organic cannabis to provincial liquor and cannabis boards. . . . ‘Alberta is an important market for us as we continue to expand our distribution channels across Canada,’ TGOD CEO Brian Athaide said in a news release. ‘With our…

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FridayJul 05, 2019 1:45 pm

HempNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Leverages Proprietary NanoFusion Delivery System throughout Cannabis Industry

Vancouver, British Columbia-based consumer health care company Geyser Brands (TSX.V: GYSR) is engaged in creating first-class, cannabis-focused health care products and brands. A recent article discussing the company reads, “Geyser’s NanoFusion advanced delivery system rapidly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency. NanoFusion provides premier bioavailability and solves problems with insolubility. It also provides a longer shelf life, stability of molecules and enhanced permeation that allows for deeper skin penetration. Moreover, NanoFusion​ improves the transport of active ingredients for site-specific targeting and delivers active ingredients across cell membranes for release within the cell. Its proprietary…

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FridayJul 05, 2019 1:37 pm

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Dominates California Edibles Market

San Mateo, California-based Plus Products (CSE: PLUS) (OTCQB: PLPRF) has emerged as a market leader in its home state since its introduction in 2015, quickly becoming the No. 1 best-selling, cannabis-infused edibles brand in California (http://cnw.fm/Ljr9E). A recent article discussing the company reads, “Plus Products has found a way into the hearts of residents in the Golden State, no doubt because its hugely popular cannabis-infused gummies and mints have found favor with their palates. The latest rankings compiled by data intelligence analyst Headset from retail sales data show the company’s products placing in the tenth, ninth, sixth, second and first positions…

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WednesdayJul 03, 2019 12:47 pm

HempNewsBreaks – Buzzfeed.com Features Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) Disposable Vaporizers, Aches and Immunity

Vancouver-based company Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) was recently featured alongside various cannabis companies including Burkelman, Vertly and Cannuka in an article on Buzzfeed.com titled, ‘Here's Why You Should Buy CBD For Everyone You Know This Holiday’ authored by Jessica Probus. Wildflower’s CBD Disposable Vaporizer Pen contains a total of 150mg of CBD. The company’s CBD+ VAPORIZER – Immunity also includes eucalyptus, thyme and myrrh to boost the immune system and provide a smooth refreshing draw. Wildflower's CBD+ VAPORIZER – Aches provides fast acting pain relief by reducing inflammation using a mixture of CBD, peppermint, spearmint and lavender. To…

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WednesdayJul 03, 2019 10:11 am

HempNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Reverse Split of Common Stock

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) today announced that its board of directors and stockholders, in a meeting held on July 1, 2019, approved a reverse split of its issued and outstanding common stock at a ratio of 1-for-60. According to the update, the reverse split is intended to provide MCOA with greater flexibility in considering and planning for future business needs, as well as increasing its common stock per-share trading price to satisfy the minimum requirement for continued OTCQB listing. Per the Amended Certificate to MCOA’s Certificate of Incorporation, the reverse stock split…

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WednesdayJul 03, 2019 10:00 am

HempNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Board Change

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that Bruce Linton has stepped down as its chairman and director, effective immediately. In the update, the company’s executive team and board of directors thanked Linton for his contributions to Canopy Rivers through the early development of the global cannabis sector. "We are grateful for all of the contributions that Bruce made to both Canopy Rivers and to the cannabis industry as a whole," Canopy Rivers President and CEO Narbe Alexandrian said in the news release. "As we enter the next chapter of our Company's history, we are excited to…

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WednesdayJul 03, 2019 9:48 am

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Host Conference Call, Provide Corporate Update

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced that it will provide a corporate update to its shareholders and investors via conference call at 1:15 p.m. PST on Wednesday, July 3, 2019. During the call, TransCanna management will discuss the progress of proposed acquisitions involving GoodFellas, Soldaze, Lyfted Farms and Biovelle, as well as providing a general update on the licensing process for its 196,000 sq. ft facility in Modesto, California, and its 10,000 sq. ft facility in Adelanto, California. Interested parties may join the call by dialing (U.S.) 888-585-9008; (Canada) 888-299-2873 or (Germany) 0-800-723-5123 and entering conference…

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WednesdayJul 03, 2019 9:32 am

HempNewsBreaks – Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Announces Continued Testing of TherOZap Technology Against Zika Virus

Progressive medical device technology company Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) this morning announced that it continues to test its TherOZap technology against the Zika virus, following the advice of one of the top research laboratories in Canada. Per the update, a number of additional parameters have been added to the testing regime, with an aim of producing statistically relevant results. The company intends to report further information as it becomes available. “Therma Bright is awaiting the results of the current testing of its proprietary TherOZap technology against the Zika virus. We appreciate the prudence and thorough approach being…

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