Breaks Categories: News

ThursdayJan 03, 2019 9:56 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Commercial Sublicense with EnWave Corp. (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY) to Use REV Technology in Drying Cannabis

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its entry into a royalty-bearing commercial sublicense with EnWave Corporation (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY). EnWave is developer of the  proprietary Radiant Energy Vacuum ("REV") technology, an innovative method for the precise dehydration of organic materials, and Tilray is its licensed partner with an exclusive right to use and sub-license EnWave's proprietary REV technology in Canada.  Under the agreement, TGOD will be granted the right to use EnWave's proprietary REV dehydration technology in its Canadian operations to dry organic cannabis.…

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ThursdayJan 03, 2019 9:18 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Secures California State Temporary Distributor License

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has been issued its “Adult-Use and Medicinal – Temporary Distributor License” in the state of California. Refined Resin already holds its temporary manufacturing license in the state and has submitted its application for its annual license. “We are pleased to see the timely acquisition of the necessary licenses as the Refined Resin team completes the regulatory requirements for commercial operations,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “We look forward to a prosperous 2019 both for the…

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WednesdayJan 02, 2019 11:35 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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WednesdayJan 02, 2019 11:20 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

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WednesdayJan 02, 2019 11:09 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Reviews Numerous Major Achievements and Positioning for Pivotal 2019

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday reviewed the company’s achievements from 2018 as well as business plans and initiatives for 2019. Per the update, the company’s accomplishments include strategic expansion of its executive team, achievement of full SEC reporting status, uplisting to the OTCQB Exchange, initiating a DRTV media campaign with Kevin Harrington’s award-winning production company As Seen On TV, achieving a first commercial production run of its Hygee medical device kits, initiating a company partnership with Bionatus, and engaging Canadian Securities Exchange (CSE) counsel expertise to assist with dual listing. “In 2018, we made sufficient…

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FridayDec 28, 2018 10:53 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Positioned for Opportunity with Federal Legalization of Hemp

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its plans to explore opportunities to produce industrial hemp through joint ventures with leading growers, as well as a potential investment in a development program for cannabidiol (“CBD”) extraction from hemp with passage of the 2108 Farm Bill. New legislation removes the schedule one substance designation for hemp and provides tremendous opportunity for SING and the company’s subsidiary, SingleSeed.com, an ecommerce-based business that sells and supplies industrial-based hemp CBD products. “We are excited for these new opportunities in the hemp market and have been preparing the company to be in…

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FridayDec 28, 2018 10:35 am

CBDNewsBreaks – CBDWire to Serve as Official NewsWire for the Cannabis Capital Conference

Multifaceted financial news and publishing company CBDWire (“CBDW”) today announced its collaboration to serve as the Official NewsWire of the second annual Cannabis Capital Conference, hosted by premier financial media outlet Benzinga. The conference will take place January 15-16, 2019, in Miami, Florida. “The Benzinga Cannabis Capital Conference is a standout event in the cannabis world and one that attracts America’s top cannabis entrepreneurs and investors. CBDWire is proud to participate as the official newswire of this conference and to offer our team’s extensive expertise as we help promote and publicize this elite gathering of cannabis leaders via news-centric channels,”…

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ThursdayDec 27, 2018 2:32 pm

CBDNewsBreaks – Complex Regulations, City Bans & High Taxes Restrict California’s Legal Cannabis Market

A recent article authored by Patrick McGreevy and published by the Los Angeles Times, titled ‘One year of legal pot sales and California doesn’t have the bustling industry it expected. Here’s why’ shines a light on the negative impact complex regulations, city bans and high taxes have had on California’s legal cannabis market. The article discusses several hurdles that legal cannabis businesses have had to jump through in order to operate within the state. One such obstacle plaguing small cannabis companies is the competition from the large illicit market, which isn’t hampered by the high taxes licensed businesses must pay.…

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ThursdayDec 27, 2018 11:18 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Files Form S-1 Registration Statement to Receive up to $10M to Fund Expansion

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its filing of Form S-1 with the U.S. Securities and Exchange Commission (“SEC”) as an important step in its efforts to raise the necessary capital for funding its projects and expanding operations in 2019. MCOA’s registration statement included a prospectus for the resale of up to 500,000,000 of its common shares, issuable to K&J Funds, LLC, a selling stockholder, pursuant to a “put right” under an investment agreement, dated December 20, 2018, that the company entered into with K&J. The agreement permits MCOA to “put” up…

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ThursdayDec 27, 2018 10:54 am

CBDNewsBreaks – Benzinga’s 2nd Annual Conference to Draw Crème de la Crème of the Cannabis World

Multifaceted financial news and publishing company CBDWire (“CBDW”) today announced expectations for the second annual Cannabis Capital Conference, hosted by premier financial media outlet Benzinga, to draw key players across the burgeoning industry. The conference will be held in beautiful Miami, Florida from January 15-16, 2019 and attract North America’s leading cannabis entrepreneurs and investors to the highly-anticipated event that offers unparalleled access and seamless interaction between the innovators and funders of the industry. “Benzinga’s Cannabis Capital Conference brings together the crème de la crème of the cannabis world,” Benzinga Vice President of Marketing Neal Hamilton stated in the release.…

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