Breaks Categories: News

FridayApr 05, 2019 12:04 pm

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) Closes C$16 Million Brokered Private Placement

Canada-based cannabis company TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) late Thursday announced that it has closed its previously detailed and upsized brokered private placement of units, generating gross proceeds of C$16 million. Per the update, an aggregate of eight million units of the company were sold at a price of C$2.00 per unit, with each unit comprised of one common share of TransCanna and one half of one common share purchase warrant. TransCanna intends to use the net proceeds of the offering to fund an $8 million down payment for its proposed acquisition of a 196,000-square-foot cannabis facility. The…

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FridayApr 05, 2019 10:22 am

CBDNewsBreaks – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt: YG3) Engages The Design Spot to Further Position in $22B Hemp and CBD Industry

The Yield Growth (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt: YG3) on Thursday announced its appointment of specialist New York Agency The Design Spot for strategic graphic design counsel from overall brand direction to packaging, merchandising and point-of-sale deliverables. According to the update, this move to promote stand-out visual identity and branding is vital to differentiate in the growing hemp-CBD market, which could reach $22 billion by 2022 according to a new estimate from cannabis industry analysts the Brightfield Group. The Design Spot and its team of award-winning designers was chosen for notable experience with an emphasis on skin care, hair care,…

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FridayApr 05, 2019 9:32 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Releases Q4 and Full Year 2018 Results

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced its results for the fourth quarter and full year ended December 31, 2018. According to the update, the company sold nearly 406 kgs of premium cannabis despite having only 20 percent of its Kelowna 1 grow rooms operational in the fourth quarter of 2018. In addition, Flowr reported gross revenues of C$3.3 million and net revenues of C$2.9 million, realizing an average net price of C$7.08/gram after receiving its sales license in August 2018, and broke ground on the first-of-its-kind 50,000 square foot R&D Facility in partnership with The Scotts Miracle-Gro…

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ThursdayApr 04, 2019 9:31 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Mango CBD Relief Product Containing 90mg CBD and 10mg THC

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced the launch of its newest “Mango CBD Relief” product, which, in each gummy, contains 4.5MG of CBD and .5MG of THC. The new product is already available at some of the more than 250 California retailers that carry the PLUS product line. “Mango CBD Relief is a reimagining of what it means to deliver a high quality CBD experience. As one of the leading brands in California, the largest cannabis market in the world, PLUS is in a unique position to test products at scale,” PLUS CEO…

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WednesdayApr 03, 2019 10:12 am

CBDNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Launches the First Annual 420 Shared Festival Event

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, this morning announced the launch of its first annual 420 Shared Festival event. DVLP will be working from the Mile High 420 Festival in Denver, CO, and will connect with a wide network of other festivals, producing a virtual shared festival experience that will include broadcasts, prizes, and product samples. The company has already enlisted over a dozen separate festivals to partake in the shared festival event, resulting in a strong platform for fast-tracking its brand identity and market penetration. “Virtually every single organizer…

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WednesdayApr 03, 2019 8:30 am

CBDNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (OTCQX: OGRMF) Launches the Organigram Mobile App for Medical Cannabis Patients

Organigram Holdings (TSX.V: OGI) (OTCQX: OGRMF), the parent company of leading licensed producer Organigram Inc., today announced the release of the Organigram Mobile App. The cross-platform patient-focused mobile application was designed to provide patients with a convenient way to enhance their medication management and keep up with current products, programs and company news. Created as a direct result of feedback following a survey of cannabis patients, the app enables registered patients to order medical cannabis products and accessories, manage their profile, view past orders and communicate with client care representatives. Additionally, Organigram announced the resignation of Dr. Kenneth Mitton from…

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TuesdayApr 02, 2019 2:53 pm

CBDNewsBreaks – OrgHarvest, Inc. (ORGH) Receives Regulation A Approval from the SEC

OrgHarvest (OTC: ORGH) recently reported that it has become the first cannabis cultivation company to receive Regulation A approval for offerings of up to $20 million from the Securities and Exchange Commission (“SEC”). In its self-registration, OrgHarvest is offering one share of common stock at a price of 25 cents each with one bonus share of restricted stock. Using a high-tech, 100,000-square-foot glass greenhouse imported from the Netherlands, the company aims to launch cannabis cultivation and production operations in Las Vegas, Nevada. The greenhouse has the capacity to produce 450 pounds of cannabis flower per week, empowering OrgHarvest to potentially…

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TuesdayApr 02, 2019 11:55 am

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Partners with HelloMD to Deliver More Value-Added Services

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced its entry into a delivery fulfillment agreement with HelloMD, the country’s leading digital healthcare platform for cannabis doctors, consumers and brands. According to the update, Wildflower’s partnership with HelloMD’s e-commerce solution intends to expand on its license to deliver more value-added services to the L.A. community. “HelloMD has been a significant wholesale customer and provides us with a great position as a premium health and wellness brand,” Wildflower Brands CEO William MacLean said in the news release. “I am very happy to see our relationship grow to further bring quality information and…

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TuesdayApr 02, 2019 11:46 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Appoints Chief Financial Officer Jon Paul, Craig Heimark Takes Role of Chief Strategy Officer

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has appointed veteran senior corporate finance executive and certified public accountant Jon Paul as its chief financial officer reporting to PLUS co-founder and CEO Jake Heimark. The company further announced that, effective immediately, Craig Heimark has resigned as the chief financial officer and has been appointed as the chief strategy officer, and will remain as chairman, secretary and a director. “Jon has more than 30 years of experience in senior financial management, including roles as CFO and senior financial consultant at both private and public…

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TuesdayApr 02, 2019 10:57 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Elects Globally Recognized Corporate and Political Strategist as Board Chairman

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its election of Morris L. Reid to the position of chairman of the board. Reid, a partner at leading high-stakes public strategy firm, Mercury, has served as a director of FinCanna for the past two years and is based in Washington, D.C. and London. For over 15 years, Morris has worked with high-profile individuals, corporate executives and government officials, advising on high-level political and corporate issues. “We are honored to have a man of Morris’s stature and experience take on the important role…

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