HempNewsBreaks

ThursdayJun 13, 2019 10:44 am

HempNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Grant of Incentive Stock Options

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced that the company has granted incentive stock options under its stock option plan to certain officers to purchase a total of 1,263,000 subordinate voting shares, each at a price of $3.87. According to the update, subject to TSX Venture Exchange policies, the options are exercisable for a period of five years. To view the full press release, visit http://cnw.fm/6C0Aj About Canopy Rivers Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth (TSX: WEED)…

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ThursdayJun 13, 2019 10:35 am

HempNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) in Final Stage Negotiations to Acquire Strong Cannabis Assets in the State of California

Cannabis Strategic Ventures (OTCQB: NUGS) today announced that the company is finalizing negotiations for a series of strategic transactions that could reshape the California cannabis marketplace. According to the update, the agreements, which are under negotiation and not final, provide terms for the company to gain significant indoor, outdoor and greenhouse cannabis cultivation operations; a team of highly experienced cultivators and managers; an existing cannabis retail presence; and a direct cash infusion from a strategic investment group. “We are in the final stages of negotiations, and once they conclude will be acquiring strong cannabis assets in the state of California,”…

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ThursdayJun 13, 2019 9:44 am

HempNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Subsidiary’s Project Moves to 2nd Phase of Health Canada Review, Approval

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced that its wholly owned subsidiary, ABcann Medicinals Inc., has received notification of the advancement of its Kimmetts project to the second phase of Health Canada's review and approval process. According to the update, the project is being developed as a hybrid outdoor cultivation site and currently houses four Airstream Innovations(TM) environmental control shelters with cultivation space of 86,000 square feet. “Our airhouses are expected to capitalize on all the benefits and opportunities associated with growing outdoors (low capital and production costs, environmentally sustainable) with the added benefit of mitigating against the…

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WednesdayJun 12, 2019 2:22 pm

HempNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) Immunity Vaporizer Featured in Cannabis News Update Article

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) was recently featured in an article on Cannabis News Update titled '5 CBD Vape Pens We Love At CNU' authored by Adrian Daniel. Featured alongside other brands including Select CBD Focus Vape Pen and Pure Spectrum’s CBD Honey Oil, Wildflower stands out with its sleek and appealing mint green CBD Immunity Vaporizer. This disposable vaporizer includes more than just CBD oil. Consumers can also enjoy the benefits of eucalyptus, cinnamon, and myrrh to boost their immune system. Wildflower’s CBD Immunity Vaporizer is available for purchase on the company’s website at http://cnw.fm/T0tyZ. To view the…

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WednesdayJun 12, 2019 12:03 pm

HempNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Surpasses Opening of 50 Seventh Sense CBD Shops in Four Months

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that, in four months, it has surpassed the opening of 50 Seventh Sense Botanical Therapy shops. According to the update, the first Seventh Sense shop opening was announced mid-February, and, since that time, GGB has continued to roll out its Seventh Sense shops at a rapid pace with anticipation to open more than 200 such shops by the end of 2019. “This rapid rollout across the U.S. is truly unprecedented,” Green Growth Brands CEO Peter Horvath said in the news release. “We expect to open over 200 shops…

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WednesdayJun 12, 2019 11:46 am

HempNewsBreaks – Sugarmade Inc. (SGMD) to Enter Hemp Extraction Technologies and Equipment Market

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced a new business initiative intended to expand its revenue base.  According to the update, the company, over the coming weeks, will be entering the market for hemp extraction equipment and technologies, including several Chinese proprietary technologies, with the potential of increasing efficiencies. “Our staff has done extensive research into the fast growing hemp industry.  We continue to see an imbalance between cultivation outputs and extraction capacities within the industry,” Sugarmade CEO Jimmy Chan said in the news release. “This leads us to believe the market for…

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WednesdayJun 12, 2019 10:55 am

HempNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) Enters Definitive Agreement to Acquire Desert Hot Springs, California Dispensary

Nabis Holdings (CSE:NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced its entry into a definitive agreement to acquire 100% ownership of Desert’s Finest, a Desert Hot Springs, California-based 6,000 square foot dispensary. According to the update, the dispensary is licensed for the sale of cannabis products by the state of California and includes the potential, subject to future submission, for license expansion to add production and cultivation activities. “As we continue national expansion of the Nabis footprint, we are pleased to announce our…

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WednesdayJun 12, 2019 10:11 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces 2019 AGM Voting Results, Enters Multi-Year Agreement with Neptune Wellness Solutions Inc. (TSX: NEPT) (NASDAQ: NEPT)

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday announced the voting results from its annual general meeting (“AGM”) of shareholders of the company, which was held in Mississauga, Ontario on June 11, 2019. According to the update, all matters put before shareholders for consideration were approved by the majority of votes cast at the meeting. In particular, shareholders approved the election of all director nominees, as well as items of business including setting of the company’s number of directors at six; and the appointment of KPMG LLP as the company’s auditor for…

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WednesdayJun 12, 2019 9:59 am

HempNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Completes Acquisition of Vegas Valley Growers North

National cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., this morning announced the completion of the acquisition of Vegas Valley Growers North (“VVG”). The total purchase price of the acquisition is $8,870,000, comprised of a cash payment of $7,620,000 and 2,814,180 common shares of the company, subject to approval by the Board of Directors and the CSE. Located in Las Vegas, Nevada, VVG is a vertically integrated, cash flow positive opportunity with a projected 2019 revenue of $6.6 million, expected gross profits of $3.1 million and EBITDA of $2.0 million. The acquisition of VVG includes…

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TuesdayJun 11, 2019 2:41 pm

HempNewsBreaks – Earth Science Tech Inc. (ETST) Expands Product Placement, Market Share through Strategic Partnerships

Earth Science Tech (OTCQB: ETST), a Florida-based biotech company, has positioned itself for success through its focus on strategic partnerships and becoming an international leader in the CBD sector. A recent article discussing the company reads, “Strategic partnerships are key to ETST’s success. In February 2019, the company announced (http://cnw.fm/9jbGA) its entry into agreements with CannaBiz and Dessert Sun Distribution to provide high-grade, full-spectrum products to pharmacies, chiropractors, dispensaries, athletic clubs and clinics throughout the United States. The company has also created a way for other marketers to rebrand ETST’s full-spectrum cannabinoids line following countless white-labeling inquiries. By fulfilling these inquiries,…

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