Breaks Categories: News

MondayApr 15, 2019 10:32 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Reports Year-End 2018 Financial Results, 840 Percent Revenue Growth

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) this morning announced its financial results for the year ended December 31, 2018, as reported in its annual report on Form 10-K. According to the update, MCOA realized total revenues of $252,135 from its hempSMART products for the 12-month period, which represents an 840 percent year-over-year increase as compared to 2017 revenues of $26,830. “I could not be prouder of the growth and accomplishments our company and team members achieved in 2018,” Marijuana Company of America Founder, Chairman and CEO Don Steinberg said in the news release. “Our…

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MondayApr 15, 2019 10:16 am

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Reports Record Monthly Revenue Total for March 2019

Emerging leader in cannabis, hemp and CBD Golden Developing Solutions Inc. (OTC: DVLP), alongside recent acquisition Infusionz LLC (“CBD Infusionz”), this morning announced the achievement of a combined total of $590,488 in monthly revenues during March 2019, marking a jump of roughly 800 percent in collective performance on a year-over-year basis. “We are seeing tremendous validation on a strategic level,” Stavros Triant, CEO of DVLP, stated in the news release. “The move to expand our exposure to the CBD space was very well-timed, and is already beginning to pay off. The numbers for March bear that out unmistakably… As we…

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MondayApr 15, 2019 9:51 am

CBDNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) to Host Conference Call Reviewing 2018 Financial Results

Leading omni-direct lifestyle company Youngevity International Inc. (NASDAQ: YGYI) this morning announced that it will host a conference call on Tuesday, April 16, 2019, at 1:00 p.m. ET to discuss its financial results for the quarter and year ended December 31, 2018. Per the update, the call will be hosted by Youngevity’s senior management, including Chairman and CEO Steve Wallach and President and CFO Dave Briskie. Interested parties can attend the call by clicking this link at least 15 minutes prior to the start time, or by dialing 206-402-0100 and entering access code 634174# at least five minutes prior to…

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MondayApr 15, 2019 9:26 am

CBDNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Modifies Aphria Acquisition Offer, Enters Share Repurchase Agreement

Lifestyle-oriented cannabis company Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) this morning announced that it has reached an agreement with Aphria Inc. (TSX: APHA) (NYSE: APHA) to shorten the expiry time for acceptance of its formal offer to acquire all of the issued and outstanding common shares of Aphria from 5:00 p.m. ET on May 9, 2019, to 5:00 p.m. ET on April 25, 2019. Green Growth Brands also announced its entry into an agreement to repurchase 27,300,000 of its common shares, held by GA Opportunities Corp., for aggregate consideration of C$89 million. “We are pleased to be buying…

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MondayApr 15, 2019 8:59 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Retains Oak Hill Financial Inc. for IR Services

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) this morning announced that it has retained Oak Hill Financial Inc. to provide investor relations services to the company in compliance with regulatory guidelines. Per the update, Oak Hill is a Toronto-based firm that develops strategic platforms for its clients that are utilized to gain exposure and recognition in the capital markets. Oak Hill is expected to work closely with Lexaria to “develop and deploy a comprehensive capital markets strategy and campaign. Activities will include providing an investor relations program catering to retail investors, marketing services…

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MondayApr 15, 2019 8:30 am

CBDNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Posts Q2 Fiscal 2019 Financial, Operational Results

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc., this morning reported financial results for the second quarter ended February 28, 2019, which marks the first full quarter of adult-use recreational cannabis sales for the company. Among other highlights, the company reported a record net revenue of $26.9 million (less excise taxes) for the quarter, which represents more than double the net revenue for the previous quarter. The company also recapped operational achievements for the period, including its entrance into a letter of intent (“LOI”) with SQDC and its entrance into a multi-year extraction agreement with Valens…

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FridayApr 12, 2019 10:16 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Participate in Multiple Conferences in April

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that it will be attending various capital markets conferences throughout April. On April 16, the company’s CEO Navdeep Dhaliwal will be presenting and attending 1-on-1 meetings at the GMP Securities' Cannabis Conference taking place in Toronto, ON. On April 17, Dhaliwal will attend 1-on-1 meetings at the Jefferies' Cannabis Summit in New York, NY. Concurrently, on April 17, the company’s VP Corporate Development, Scott Walters, is set to participate in a panel discussion titled, "LPs Navigate the Quickly-Changing Canadian Market" at the Benzinga's Cannabis Capital Conference in Toronto,…

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ThursdayApr 11, 2019 10:53 am

CBDNewsBreaks – Sugarmade Inc. (SGMD) Enters Supply Contract with Hempistry, Inc.

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced its entry into a supply contract with Hempistry, Inc., as the Kentucky-based hemp cultivator acquires supplies for its hemp micropropagation operation. Per the update, Sugarmade expects the supply relationship to be ongoing as Hempistry expands both domestic and international operations. “With at least 42,000 acres of hemp expected to be planted in Kentucky and considering an average plant density per acre of well over 1,000, farmers in Kentucky will need hundreds of millions of clones over the coming years,” Sugarmade CEO and Hempistry Director Jimmy Chan…

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ThursdayApr 11, 2019 10:43 am

CBDNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Appoints Industry Expert as Chief Cannabis Officer

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) this morning announced its appointment of Sheldon Aberman to the newly-created position of chief cannabis officer. According to the update, Aberman is one of the world's foremost experts on commercial cannabis cultivation, with expertise, a hands-on approach and product development background as well as decades of experience managing and designing thousands of grows worldwide. “Sheldon is not only a Chemistree Director, but also one of the founders of Chemistree. He has been integral to the Company, overseeing our investment in Washington State, the expansion of our Sugarleaf brand, and the successful receipt of the…

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ThursdayApr 11, 2019 9:54 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Appoints Cannabis Industry Expert to Advisory Board

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its appointment of Harborside’s wholesale and distribution manager Dani Walton to its board of advisors. For more than 10 years, Walton has traveled the world with the Harborside executive team, promoting the positive impacts of the cannabis plant. Harborside is considered to be California’s largest medical cannabis dispensary and a model for the U.S. Dani is a cannabis industry leader, well versed in the latest consumer trends, new brands, products, and the evolving science of cannabis medicine, and has been featured in Forbes,…

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