HempNewsBreaks

FridayMar 15, 2019 8:30 am

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Increases Brokered Private Placement by 60 Percent

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently announced that its brokered private placement of 5,000,000 units at C$2.00 per unit, as announced on February 20, 2019, is oversubscribed. As a result, TransCanna has increased the offering by sixty percent to a maximum of 8,000,000 units to raise gross proceeds of C$16,000,000.  The company intends to use the offering’s net proceeds for partial funding of the acquisition of a 196,000 square foot vertically integrated cannabis facility in Modesto California, as well as equipment acquisition and general working capital. "We're humbled by the demand for our private placement," TCAN President and CEO…

Continue Reading

ThursdayMar 14, 2019 12:53 pm

HempNewsBreaks – MustGrow Biologics Corp. Secures $1.2M Non-Brokered Private Placement

Agricultural biotech company MustGrow Biologics today announced the closing of a non-brokered private placement. According to the update, the offering consists of 1,712,533 of MustGrow common shares, each at a $0.70 price per common share, for gross proceeds of $1,198,773. The company intends to use the net proceeds to accelerate research and development of its bio-pesticide and bio-fertilizer formulations, as well as for working capital and general corporate purposes. MustGrow plans to direct research and development proceeds toward its patented mustard-derived signature products and its prospective suite of in-licensed natural biologics. To view the full press release, visit http://cnw.fm/N3n2T About…

Continue Reading

ThursdayMar 14, 2019 11:55 am

HempNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Secures US Retail Partnership for Oki Beverages

Premium functional food and beverage company Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that leading supermarket chain Safeway will begin selling the company’s Oki beverages in over 100 stores located across Colorado. Per the update, this is the first major retailer in the U.S. to offer the Oki line of iced teas and waters, which now come infused with 20mg of active hemp extracts. Albertsons Companies LLC, the parent of Safeway, has over 2,200 stores nationwide and is the second-largest supermarket chain in North America. “We are extremely excited to be associated with the Safeway brand and…

Continue Reading

ThursdayMar 14, 2019 11:04 am

HempNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Co-Founder and CEO to Present at 31st Annual ROTH Conference

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and CEO Jake Heimark will present at the 31st Annual ROTH Conference on March 19, 2019 at 10:15 a.m. PST. The conference will be held at the Ritz Carlton, Laguna Niguel in Dana Point, California and bring together executives from more than 500 public and private companies and approximately 1,000 investors. The event offers investment ideas across a variety of sectors and provides over 4,700 attendees with company presentations, Q&A sessions, panels, and one-on-one meetings for extensive interaction with executive management to gain in-depth…

Continue Reading

ThursdayMar 14, 2019 10:23 am

HempNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Provides Shareholder Update

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning provided shareholders with an update of current operations. Per the update, the size of DVLP operations is now over 30 team members in five states and four commercial locations with the latest acquisition of CBDinfusionz.com. The transaction and combined sales have reached a record high of more than $500,000 for both companies in February, and DVLP and CBDinfusionz.com have consistently doubled their sales growth every 4-6 months. DVLP has a current market cap of approximately $13.6 million and has created what it believes…

Continue Reading

ThursdayMar 14, 2019 9:43 am

HempNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8M Private Placement

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) on Wednesday announced that it has closed its previously announced private placement for aggregate gross proceeds of up to $1,882,000 at a price of C$0.54 per unit. According to the update, each unit consists of one issuer common share and one half of one share purchase warrant. Holders of each whole warrant will be entitled to acquire one Wildflower common share at a price of $0.85 for a period of 24 months. Once resale restrictions have expired and upon the company's shares trading at or above a weighted average price of $1.50 for 20…

Continue Reading

WednesdayMar 13, 2019 2:24 pm

HempNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Aims to Increase Access to International Investors through Planned Uplisting

Canadian licensed producer of premium cannabis products, the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), recently announced that it has submitted an application for its common shares to be listed on the Nasdaq Capital Market (http://cnw.fm/e4TiE). An article discussing the company reads, “A Nasdaq listing is an important step toward broadening Flowr’s access to international investors, company co-CEO Vinay Tolia said in a news release. So far, the company has made massive progress executing its business plan since going public in 2018. Further steps are being undertaken to turn Flowr into a truly global company, Tolia underlined. . . . To…

Continue Reading

WednesdayMar 13, 2019 11:02 am

HempNewsBreaks – HempWire Partnering with Benzinga to Serve as Official Newswire for the Cannabis Capital Conference

Multifaceted financial news and publishing company HempWire (“HW”) this morning announced that it will once again serve as the official newswire and media sponsor for the Cannabis Capital Conference to be held at the Fairmont Royal York in Toronto, Ontario from April 17 through April 18, 2019. Hosted by leading financial media outlet Benzinga, the conference attracts a wide range of cannabis entrepreneurs and investors throughout North America and offers unparalleled networking opportunities and a full itinerary of presentations, panel discussions, lightning rounds and keynote addresses centered around the dynamic industry. “The Benzinga Cannabis Capital Conference is one of the…

Continue Reading

WednesdayMar 13, 2019 9:48 am

HempNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) to Convert Loan to 5.55 Percent Equity Position in Mary’s Wellness Ltd.

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its intention to convert, into an equity position, the first tranche of a convertible secured promissory note with Mary’s Wellness Ltd. (“MWL”). According to the update, Redfund was extended the first tranche of C$100,000 from a C$1,000,000 promissory note it entered into with MWL on October 15, 2018. Redfund will own 5.55 percent of MWL upon conversion of the first tranche, and the promissory note’s remaining C$900,000 convertible balance, secured by a general security agreement on assets of MWL, will remain in place to secure additional tranches. “Redfund believes…

Continue Reading

TuesdayMar 12, 2019 1:30 pm

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Aims to Conduct Further Human Clinical Trials Following Positive TurboCBD Results

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) plans to conduct additional clinical trials using DehydraTECH(TM) in CBD after recently reporting noteworthy results of cardiovascular performance improvements with TurboCBD. A recent article discussing the company reads, “TurboCBD is Lexaria’s proprietary DehydraTECH-powered, CBD-fortified hemp-oil capsule. The capsules are formulated with full-spectrum hemp oil, ginseng and ginkgo for enhanced focus and memory. They are marketed as a mental and physical boost aimed at helping to remove brain fog, fatigue and stress. TurboCBD is molecularly engineered for quick and high absorption rates into the circulatory system. . . . In a recent press release (http://cnw.fm/v1T2z), Lexaria…

Continue Reading