Breaks Categories: News

FridayMay 03, 2019 10:12 am

CBDNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives EU GMP Certification, Enters Comprehensive Distribution Agreement

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has been issued a Good Manufacturing Practice ("GMP") certificate in accordance with the rules governing medicinal products in the European Union ("EU") for its Mississauga, Ontario, Canada facility. According to the update, TerrAscend has also entered into a comprehensive sales and distribution agreement with German pharmaceutical wholesaler iuvo Therapeutics GmbH ("iuvo"). “We applaud TerrAscend for achieving one of the highest and most rigorous levels of quality certification in the world,” Canopy Rivers President Narbe Alexandrian said in the news release. “TerrAscend is…

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FridayMay 03, 2019 9:31 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gains Approval on Settlement Offer for Cannabis Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that the settlement offer, finalized and signed between the Hamilton City Council and the company, was approved by the Local Planning Appeal Tribunal at a May 2, 2019 meeting. According to the update, the Ancaster, Ontario facilities will be capable of growing 17,500 kgs of premium certified organic cannabis on an annual basis. “This completes this chapter of our journey,” TGODF CEO Brian Athaide said in the news release. “We look forward to growing and producing high-quality, certified organic cannabis right here in…

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FridayMay 03, 2019 9:19 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire Biovelle; Forms Hemp Division

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced the execution of a non-binding Letter of Intent (“LOI”) dated April 30th, 2019 to acquire the branding asset package Biovelle (www.Biovelle.com). Biovelle is an organic, non-GMO, vegan and gluten free hemp infused CBD coconut oil. The completion of the acquisition is subject to the conclusion of due diligence and the execution of final binding definitive asset purchase documentation. “With the passing of the Farm Bill and the explosive growth of the hemp sector we decided to expedite our formation of our hemp related division. Acquiring Biovelle is the perfect fit. It…

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ThursdayMay 02, 2019 11:08 am

CBDNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Obtains Fully Audited & Reporting Status; Readies for OTCQB Uplisting

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced that it has obtained fully-audited and reporting status with the SEC following its filing of audited financial data along with Form 10. According to the update, the company is also in the process of uplisting to the OTCQB Venture Market. “These steps represent a statement about trust, confidence, and transparency. We are demonstrating our commitment to the heightened financial and corporate disclosure standards associated with the higher tier listing,” DVLP CEO Stavros Triant commented in the news release. “That is crucial right…

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ThursdayMay 02, 2019 10:27 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Enters Financing Agreement with Cannamerx

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with the Cannabis Mercantile Exchange ("Cannamerx"), one of the first live cannabis and hemp auction platforms. Per the update, Redfund intends to finance the Cannamerx business model and build its global footprint of clientele. “Cannamerx has increased their client-base almost 30% since our first meetings in March 2019; 57 clients to over 80. They have added hemp biomass and hemp products and the new automated spot auction ability for their traders, making it the go-to global cannabis exchange,” Redfund CEO Meris Kott said…

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ThursdayMay 02, 2019 10:19 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Releases Q4 and Year-End 2018 Financial Results Reflecting Soaring, Record Revenues

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Wednesday released the company’s audited financials for the quarter ended and calendar year ended December 31, 2018. According to the update, revenue growth, reported in USD, was reflected in annual revenues that soared to $8.4 million in 2018, reflecting a 681 percent increase over 2017 revenues of $1.1 million. Fourth quarter revenues for 2018 reached a record $3.1 million, a 31 percent increase over the third quarter and 770 percent increase over the fourth quarter of 2017. “We remain proud that PLUS had significant growth in both revenue and…

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ThursdayMay 02, 2019 9:48 am

CBDNewsBreaks – IONIC Brands Corp. (CSE: IONC) (FRA: IB3) Pairs Certified Clean Program with Revolutionary Lucid Green Technology Platform

IONIC Brands Corp., formerly Zara Resources Inc. (CSE: IONC) (FRA: IB3), on Tuesday announced that its flagship brand, Ionic, is the first to launch the revolutionary Lucid Green, Incorporated (“LG”) technology platform. According to the update, the powerful platform, designed to provide vital safety information about cannabis products and to increase transparency and trust within the industry, will serve as an enrichment to the Ionic Certified Clean Program. “In an effort to craft the finest quality products on the market and provide our customers with true and accurate information, we have paired our Ionic Certified Clean program with the trust…

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ThursdayMay 02, 2019 9:21 am

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Deal with Highmark Interactive to Sponsor Clinical Research in CBD

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that it has signed an agreement with Highmark Interactive to study the cognitive and functional neurological effects of cannabinoids through clinical research utilizing Highmark’s mobile software, EQ – Active Brain Tracking. The research aims to produce meaningful data and results that could reveal novel paths of understanding about the cognitive and functional neurological properties of cannabinoids. “Wildflower continues to receive a flood of testimonials from consumers on our products that support wellness and health needs through plant-based solutions. We always strive for improvements in our products and our understanding of those…

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WednesdayMay 01, 2019 9:50 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Epican Receive Second CLA License, Announce Launch of Montego Bay Retail Dispensary

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), in conjunction with its 49.18 percent owned Epican Medicinals, this morning announced the opening of its second legal cannabis retail store in Jamaica. Located on popular Montego Bay's “Hip Strip,” the dispensary will open for business on May 4, 2019. The Montego Bay store is the second Epican dispensary to open, after opening its Kingston-based Herb House in June 2018. Epican is the first fully integrated company with a second retail license from Jamaica's Cannabis Licensing Authority (“CLA”). “We are proud of what the team in…

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WednesdayMay 01, 2019 9:20 am

CBDNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Entering CBD Retail Space with FLORAH Lifestyle Boutiques

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its expansion into the cannabidiol (“CBD”) retail sector through ‘FLORAH’, the latest addition to its operational and investment portfolio. With its flagship location on Melrose Ave in West Hollywood, FLORAH is a concept boutique that teaches patrons the benefits of CBD and offers CBD lifestyle, wellness, beauty and pet products. “Growth of the CBD retail sector is accelerating, and we expect to show leadership in the space,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “Now that we have secured financing and a retail location, we will diligently work…

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