Breaks Categories: News

MondayJun 17, 2019 9:54 am

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Highlights Near 160% Annualized Sequential Monthly Sales Growth

Emerging leader in the cannabis, hemp and cannabidiol (CBD) marketplace Golden Developing Solutions Inc. (OTC: DVLP) this morning issued an update highlighting its latest financial data as its growth rate continues to accelerate following key strategic moves, including the acquisition of Infusionz LLC (“CBD Infusionz”) and expansion of its production capacity. According to the update, the company, in combined terms, booked over $629,000 in monthly sales in May alone, with an annualized sequential monthly sales growth rate of nearly 160 percent. “As we projected, topline performance is accelerating across all metrics following our recent investments,” DVLP CEO Stavros Triant stated…

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MondayJun 17, 2019 9:41 am

CBDNewsBreaks – Choom Holdings Inc.’s (CSE: CHOO) (OTCQB: CHOOF) Flagship Niagara Falls Cannabis Store Surpasses $49,000 in Opening Day Sales

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) today announced that Choom Niagara, the first legal adult use cannabis store to operate in Niagara Falls, Ontario, produced over $49,000 in sales on its opening day. "We are really happy with the turnout we had for Choom Niagara's opening day," Choom President and CEO Chris Bogart said in the news release. "We've had a lot of support from the local community, and we're excited to bring Choom to Niagara Falls. The feedback from our customers has been fantastic, and that is a testament to our dedicated staff…

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MondayJun 17, 2019 9:30 am

CBDNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Secures Supply Contract with Magu Maiden Farms LLC

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that its wholly owned subsidiary, Khrysos Industries Inc., has entered into a five-year supply contract with Magu Maiden Farms LLC. Per the update, the contract calls for Khrysos to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate and water-soluble distillate hemp derived products. Khrysos expects production related to this agreement to begin in the fourth quarter of 2019, with annual revenue potential forecast at $12 million, based on current market conditions. “We are excited to add this new long-term contract to our…

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FridayJun 14, 2019 9:53 am

CBDNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Gains Ground in California with Registration to Cultivate Industrial Hemp in San Diego County

Full-scope, science-driven premium cannabis cultivation and branding enterprise Green Hygienics Holdings Inc. (OTCQB: GRYN) today announced that it has secured registration for industrial hemp cultivation from the County of San Diego Department of Agriculture, Weights and Measures. Now a registered grower in the county of San Diego, Green Hygienics increases its presence in the California cannabis market and expands its cultivation capabilities to multiple states (http://cnw.fm/qX7AL). “On course with our pursuit of worldwide traction, we are pleased to gain ground in California, where the cannabis industry continues to bear considerable opportunity,” Green Hygienics Vice President of Business Development Matt Dole…

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FridayJun 14, 2019 9:42 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) to Unveil Niagara Falls’ First Cannabis Store

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) today announced the impending unveiling of its retail concept and experience in Niagara Falls, Ontario, scheduled to take place tomorrow, June 15. According to the update, Choom Niagara holds distinction as Niagara Falls' first cannabis store and represents the brand's debut retail presence in Ontario. "We are thrilled to open our first store in Niagara Falls, and look forward to becoming an active member of the local community," Choom President and CEO Chris Bogart said in the news release. "By crafting an approachable experience that encourages exploration and…

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ThursdayJun 13, 2019 11:34 am

CBDNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Announces Budd Hutt’s Agreement to Acquire Alberta Retail Cannabis Store Locations as Part of National Strategy

City View Green Holdings (CSE: CVGR) today announced the entry of Budd Hutt Inc., a private company of which CVGR holds a 19.9% equity interest, into an agreement to acquire eight pre-license retail cannabis store locations in the Alberta market. According to the update, Budd Hutt intends to initially enter into the Canadian cannabis retail marketplace via Alberta as part of its national strategy. Appropriate regulatory approvals are in place for all of the store locations, with exception of approval from Alberta Gaming, Liquor and Cannabis ("AGLC"), which is pending. “This announcement from our retail partner Budd Hutt is incredibly…

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ThursdayJun 13, 2019 10:44 am

CBDNewsBreaks – 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

CBDNewsBreaks – 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

CBDNewsBreaks – 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 12:03 pm

CBDNewsBreaks – 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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