Breaks Categories: News

MondayJul 08, 2019 2:39 pm

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Achieves Fully Reporting Status with SEC

Emerging leader in the cannabis, hemp and CBD marketplaces Golden Developing Solutions Inc. (OTC: DVLP) today officially announced that its Form 10 registration statement, which was filed with the U.S. Securities and Exchange Commission, is effective as of July 1, 2019. From the effective date, Golden Developing Solutions will report required information and annual reports to the SEC on Form 10-K, quarterly reports on Form 10-Q and periodic reports on Form 8-K, pursuant to the Securities Exchange Act of 1934. “This week has been groundbreaking for our company, as we’re finally able to announce that our Form 10 Registration Statement…

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MondayJul 08, 2019 10:08 am

CBDNewsBreaks – 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

CBDNewsBreaks – 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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WednesdayJul 03, 2019 10:11 am

CBDNewsBreaks – 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

CBDNewsBreaks – 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

CBDNewsBreaks – 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

CBDNewsBreaks – 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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TuesdayJul 02, 2019 2:36 pm

CBDNewsBreaks – AVAIL Vapor, LLC Expands into Wellness Category through Launch of Leafana Wellness CBD Product Line

Premium e-liquid manufacturing, scientific services and retail business AVAIL Vapor today announced the launch of Leafana Wellness through the introduction of its Leafana Wellness CBD line. The product line, which offers a liquid isolate vaping series and broad-spectrum tinctures, will be available for purchase at the company’s 99 retail stores and at all authorized distributors. The products come in a variety of flavors, with the vape liquids available in 500 mg and 1,000 mg strengths and the tinctures in 500 mg, 1,000 mg and 1,500 mg strengths. “We have built a solid foundation for manufacturing quality that our customers have…

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TuesdayJul 02, 2019 10:44 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Progress on Unique Cannabis Delivery Service, Viva Buds

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced expected completion of the manufacturing and distribution facility for its Viva Buds cannabis delivery service by August 2019. In April, MCOA announced its 20% ownership interest acquisition of Natural Plant Extract of California (“NPE”), establishing a joint venture to create Viva Buds Inc., a unique Los Angeles, California-based cannabis delivery service. “We are making tremendous progress through our partnership with NPE and the rollout of our licensed cannabis manufacturing facility,” MCOA Board Member Edward Manolos said in the news release. “Our commitment to compliance will put Viva…

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TuesdayJul 02, 2019 10:37 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters CBD Sector Through Equity Acquisition of Wahupta Ventures

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into an agreement for the right to acquire 51 percent of Wahupta Ventures Inc. of British Columbia, a Canadian hemp company, staking its position in the CBD sector. Per the update, Redfund has secured the right to purchase 19.9 percent of Wahupta, and will have the option on an additional 31.1 percent upon completion of the due diligence process and the signing of a definitive agreement no later than October 1, 2019. “Many Canadian merchant banks have followed our debt financing model and while it is exciting…

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