Breaks Categories: News

WednesdayJun 26, 2019 11:12 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Enters $109M Premium Hemp Supply Contract with Southeast Distribution Company

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its entry into a $109,465,000 contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a 15 month period. According to the update, SinglePoint stands to make a large profit in what is the first major deal arising from the supply chain and co-selling agreement with Oregon-based Easy Street Services Company and J&J Empire. “Our team specifically our VP of Sales Don Smith has worked tirelessly to make this a reality. We believe this is the catalyst toward closing a stream…

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WednesdayJun 26, 2019 9:52 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Scotland Launch of hempSMART(TM) CBD Product Line

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly owned subsidiary, hempSMART, Ltd., has successfully launched and generated sales from its hempSMART(TM) CBD product line in Scotland. According to the update, the hempSMART UK team successfully sold out at its June 22, 2019 launch event, leading to the signing of many new marketing associates. “We are excited to finally offer our premium line of CBD products to the country of Scotland,” MCOA CEO Don Steinberg said in the news release. “It has always been MCOA’s goal to open sales of its hempSMART products…

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WednesdayJun 26, 2019 9:30 am

CBDNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Adds Turnkey Manufacturing Solutions for Hemp-Related Products

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that its wholly owned Khrysos Industries Inc. subsidiary has added turnkey manufacturing solutions to its capabilities in extraction services and end-to-end processing systems. Per the update, Khrysos is now producing tinctures, balms, bath bombs, creams and ointments, in various potencies, as well as hemp-derived products in capsules and tinctures for pets. “We are excited to offer turnkey product solutions to our suite of services. We believe this expands our competitive advantage within our hemp enterprise by covering all facets of product development to our growing list of…

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WednesdayJun 26, 2019 9:19 am

CBDNewsBreaks – Imaging3, Inc. (IGNG) Retains Outside Securities Counsel

Imaging3 (OTCQB: IGNG), together with Los Angeles-based privately held cannabis company Grapefruit Boulevard Investments, Inc. (“GBI”), this morning announced that it has retained outside counsel to assist in the preparation of a registration statement to register shares of IGNG’s common stock underlying the convertible note recently issued by the company to an institutional investor. Per the update, the second tranche of $1,400,000.00 is required to be paid by the investor on the day the registration statement is filed with the SEC. “We intend to file our registration statement as soon as practicable in order to expedite our receipt of additional…

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TuesdayJun 25, 2019 10:59 am

CBDNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Enters Joint Development Agreement with Noramco Inc.

Willow Biosciences Inc. (CSE: WLLW), a leading developer of biosynthetic production systems for plant-derived active pharmaceutical ingredients (APIs) and intermediates, in early June announced its entry into an exclusive joint development agreement with Noramco Inc., a leading manufacturer of cannabinoids. Per the update, the two firms intend to collaboratively develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol. Willow further notes that the work conducted through the agreement has the potential to open new and larger markets for CBD and related compounds. “Noramco is a world-class organization with a long history of developing APIs across numerous markets…

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TuesdayJun 25, 2019 10:44 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Wiz Khalifa and KKE Canada to Launch Premium Cannabis Oil

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with Khalifa Kush Enterprises Canada ULC ("KKE"), today launched the first product under the KKE brand line - KKE Oil. According to the update, KKE Oil is a premium, recreational focused product developed for convenience, high THC potency and precise dosing offered by a cannabis oil. "We firmly believe that a high-quality input supports high-quality output and KKE Oil embodies this belief. We are excited to launch one of the first recreational focused cannabis oils in Canada with Wiz Khalifa and the KKE team,” Supreme Cannabis President and Founder John…

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TuesdayJun 25, 2019 10:34 am

CBDNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Acquires 49% Interest in Cannova Medical

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced completion of the purchase of 2,260,500 common shares of Cannova Medical Ltd., a provider of innovative solutions for cannabis consumption. The purchase represents Nabis Holdings’ 49% interest in Cannova with the option to acquire the remaining 51% interest. Based in Israel, Cannova is developing an alternative method for cannabis consumption in the form of a sublingual strip that allows more effective control of dosage quantities. “Our goal for strategic investments at Nabis is…

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TuesdayJun 25, 2019 9:44 am

CBDNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Appoints Proven Consumer Marketing Expert Jann Parish as CMO

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its appointment of Jann Parish as chief marketing officer (“CMO”), effective immediately. Formerly CMO of Victoria's Secret and other global brands, and the recipient of numerous awards, Parish brings to the company brand development, strategic consumer relationship management and digital innovation. “As GGB continues rapid expansion in both the CBD and MSO segments, we are delighted to be bringing Jann, a proven consumer marketing expert, onboard,” Green Growth Brands CEO Peter Horvath said in the news release. “Jann is a master at positioning brands to resonate with consumers.…

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TuesdayJun 25, 2019 9:33 am

CBDNewsBreaks – VPR Brands LP (VPRB) Posts International Sales Update

VPR Brands LP (OTC: VPRB), a market leader specializing in vaporizers and accessories for essential oils, CBD and electronic cigarettes, this morning announced an update on its efforts to build relationships internationally and increase the visibility of its HoneyStick brand. The company’s director of International Sales, Ezequiel Pavlotsky, has spent the year thus far representing the HoneyStick brand at major cannabis expos in Europe to raise brand awareness, expand its network of distributors, and form new industry relationships. VPR Brands has increased its international distributors list with the addition of Near Dark in Germany, a large B2B distributor for the…

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MondayJun 24, 2019 11:55 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a strategic business cooperation agreement with Fantasy Network Ltd. (TASE: FNTS) of Tel Aviv, Israel. Under the agreement, the companies will form the foundation to joint venture business opportunities in the Israeli medical cannabis sector. The signed agreement provides Redfund a framework to access Fantasy’s currently-controlled projects, as well as those under negotiation primarily in Israel. In addition, Redfund will assist Fantasy in licensing patented Israeli medical technology and cannabis delivery systems outside of Israel and provide capital, alongside Fantasy, to medical cannabis businesses. “Israel…

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