Breaks Categories: News

FridayAug 24, 2018 11:54 am

CBDNewsBreaks – The Flowr Corp. Partners with Scotts Miracle-Gro Company (NYSE: SMG) Subsidiary to Conduct Cannabis Testing

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in a Bloomberg article titled, “Scotts Miracle-Gro Tests Whether It Can Make Pot Grow Too,” authored by Kristine Owram. Per the article, Scotts Miracle-Gro Company’s (NYSE: SMG) subsidiary, Hawthorne Gardening Co., is partnering up with Flowr to build a 50,000-square-foot research facility on the same site as Flowr’s grow-op in Kelowna, British Columbia. Firstly, the new lab will test Hawthorne’s lights and nutrients on cannabis, with plans to ultimately conduct more in-depth studies on the plant. Currently producing 250 grams a square foot…

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ThursdayAug 23, 2018 2:12 pm

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Shares Rise Following Joint Venture Update

Marijuana Company of America (OTC: MCOA) shares rise more than 7% Thursday afternoon following an update issued earlier in the week regarding the company’s CBD hemp farming joint venture with Global Hemp Group (CSE: GHG) (OTC: GBHPF) in New Brunswick, Canada. The update included details on the current work taking place at the facility to prepare for the installation of drying equipment. Installation of the biomass dryer, capable of processing 125 acres of flowers and leaves from the 2018 cultivation, is anticipated by the end of August. In addition, the company announced that the Bathurst facility could potentially serve as…

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ThursdayAug 23, 2018 12:42 pm

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Shares Surge by More than 30% Following Milestone Acquisition

Shares of Cannabis Strategic Ventures, Inc. (OTC: NUGS) surged by more than 30 percent in Thursday morning trading following news earlier in the week of the company’s acquisition of The Asher House Pet CBD brand from The Asher House LLC. In a release detailing the acquisition, Cannabis Strategic CEO Simon Yu noted, “Through the Asher House acquisition, Cannabis Strategic continues to expand its already diverse portfolio of Cannabis focus brands and service offerings.” At time of posting, the company’s PPS sits at a six-month high of $5.19, up roughly $1.21 on the day, on volume of nearly 680,000. To view…

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ThursdayAug 23, 2018 9:30 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Attains Additional Cannabis Retail Opportunities, Expands Retail Store Network

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has progressed its retail portfolio and expanded its cannabis retail store network in Alberta and British Columbia. The company has attained the rights to an additional 12 retail locations, five of which are in Alberta and the remaining seven are located in B.C. The new retail opportunities bring Choom's potential retail locations across western Canada up to 52. The company anticipates increasing this count even further as it is currently negotiating additional leases with the plan of submitting applications for retail licenses. In…

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WednesdayAug 22, 2018 1:28 pm

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Shareholder Update Highlighting Recent Milestones

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning issued a shareholder update on its ongoing corporate initiatives. Among the highlights discussed in the news release, the company entered into a natural health product licensing agreement with Asterion Cannabis Inc., launched its medicinal cannabis division, completed a $6.5 million financing and expanded its Australian operations. As noted, these milestones serve as evidence of PreveCeutical’s continued execution of its strategy to become a global preventative health care company. To view the full press release, visit http://cnw.fm/6AbJW About PreveCeutical Medical Inc. PreveCeutical is a health sciences company…

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WednesdayAug 22, 2018 10:01 am

CBDNewsBreaks – NUGL Inc. (NUGL) Engages IP and Trademark Consultant

NUGL Inc. (OTC: NUGL), the cannabis industry's new standard of technology, this morning announced that it has hired attorney Scott P. Shaw as an industry expert consultant in intellectual property (“IP”) and trademark law. "As we grow and build a more diverse range in NUGL's revolutionary network of profiles, we feel this is the next step for the company. It is important we protect our brand and our intellectual property. We are one of the largest cannabis-related search app platforms that excels in forming brands, and we should lead by example," NUGL CMO Ryan Bartlette stated in the news release.…

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WednesdayAug 22, 2018 9:37 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Acquisition of The Asher House Pet CBD Brand

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced its acquisition of The Asher House Pet CBD brand, including a line of U.S. hemp-derived cannabidiol (CBD) supplements for pets, from The Asher House LLC. “Through the Asher House acquisition, Cannabis Strategic continues to expand its already diverse portfolio of Cannabis focus brands and service offerings,” Simon Yu, CEO of Cannabis Strategic, stated in the news release. “At Cannabis Strategic, we believe that investing in people is as important as investing in industry-leading products and technologies… Lee and Luke's passion for pet adoption and pet wellness is one of the key…

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WednesdayAug 22, 2018 9:29 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1M Capital Tranche to Refined Resin Technologies

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced the second tranche of capital, $1 million, to its investee company Refined Resin Technologies Inc. Refined Resin is using the series of tranches to implement its three-phase development strategy to operationalize its legally zoned, state-of-the-art medical cannabis extraction laboratory. Presently, Refined Resin has placed deposits and has funds in reserve to purchase all the essential equipment to start production once installed. The extraction facility is anticipated to be in commercial operation by late 2018 or early 2019.…

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TuesdayAug 21, 2018 10:32 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Update on New Brunswick Joint Venture

Marijuana Company of America Inc. (OTC: MCOA), along with joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF), this morning issued an update on its CBD hemp farming joint venture in New Brunswick, Canada. The goal of the hemp project is, in part, to produce hemp biomass that can be used for the extraction of cannabinoids. In anticipation of Canada’s implementation of the Cannabis Act on October 17, 2018, which will allow for the processing of the entire hemp plant, MCOA and Global Hemp Group have commenced preparation work at the 4,000 sq. ft. Bathurst facility to facilitate…

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TuesdayAug 21, 2018 10:29 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Definitive Agreement to Acquire HemPoland

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding shares of HemPoland in an immediately accretive cash and share transaction. HemPoland is a European manufacturer and marketer of premium organic CBD oils. In addition to providing the company with a route into the European market, this strategic acquisition gives TGOD access to HemPoland’s immense distribution network, premium Cannabigold brand and advanced hemp oil extraction technologies. The acquisition cost is comprised of $7.75 million in cash and…

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