Breaks Categories: News

ThursdayJun 03, 2021 12:10 pm

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Private-Label Business Division, 10-SKU Deal

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has closed a private label deal with a national publicly traded grocery retailer; the $250,000 deal includes 10 SKUs and is scheduled to ship in July 2021. The announcement noted that the grocery retailer had awarded HempFusion the deal because of the success of HempFusion’s brands and products within the retailer’s network; the 10 SKUs will be distributed throughout stores nationwide. HempFusion noted that its private label business represents its sixth distribution channel and is a significant opportunity…

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ThursdayMay 27, 2021 10:55 am

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Secures Purchase Order from British Columbia LDB

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company focused on cannabis, hemp and the rapidly emerging psychedelic sector, today announced that its wholly owned subsidiary, Pure Extracts Manufacturing Corp., through its distribution partner, has received an initial purchase order for its edible cannabis gummies from the British Columbia Liquor Distribution Branch (“LDB”). Demand for Pure Extracts’ Pure Chews branded THC and CBD gummies is strong within the provincial markets, where the company anticipates that Fire Burst, like its U.S. counterpart, will be one of the top selling gummies. “The edible gummie business is a material…

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TuesdayMay 18, 2021 10:38 am

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Releases First-Quarter 2021 Financial Report

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), an industry leader in full-spectrum cannabidiol (“CBD”) hemp-extract wellness products and probiotics, announced its Q1 financial results, for the period ended March 31, 2021. Highlights from the report include consolidated revenue for the company totaling $983,496, an increase of 7.6% over the $913,646 reported in fourth-quarter 2020; DTC sales up 59.3% from Q4 2020, totaling $244,255 as compared to $153,305; B2B net revenue decreased 2.8% to $739,241 from 760,341 in fourth-quarter 2020 with international sales, which totaled $75,994, up from no sales in Q4 2020; and gross profit of $280,205, or 28.5%…

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MondayMay 17, 2021 11:45 am

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Enters Definitive Agreement to Acquire Apothecanna, Announces AGM Voting

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has announced plans to acquire APCNA Holdings LLC (“APCNA”). CBDHF has entered into a definitive agreement to acquire 100% of APCNA, known as Apothecanna. The company also held its annual general meeting (“AGM”) on Friday, May 14, 2021, and reported that all matters contained in the management information circulate sent to shareholders for consideration and approval were approved by the requisite majority of votes cast at the meeting. Apothecanna offers cannabis-powered body care and topical products and was…

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MondayMay 17, 2021 11:33 am

CBDNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC ) Inks White-Label Manufacturing Agreement

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness, beverage and natural products company, has signed a co-packing agreement with Riviera Beverages LLC of California. The agreement, which is the third white-label agreement BevCanna has completed, should jump start the launch of the company’s TRACE plant-based mineral and hemp-derived CBD bottled beverages in the United States and internationally. The announcement noted that BevCanna has built one of the most diverse beverage portfolios within the cannabis space. A leader in manufacturing bottled beverages in North America and abroad, Riviera has more than a decade of experience working with an…

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ThursdayMay 06, 2021 3:32 pm

CBDNewsBreaks – VPR Brands LP (VPRB) Enforces IP Patent Rights, Files Lawsuits

VPR Brands (OTC: VPRB), a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), has recently filed three lawsuits to protect it intellectual property (“IP”) rights. The company’s IP includes one of the original patents, dating back to 2009, filed for electronic cigarette technology. The patent covers claims associated with an electric airflow sensor that turns the battery on and off, as well as auto-draw, buttonless e-cigarettes, cigalikes, pod devices and vaporizers using an airflow sensor. The most recent lawsuits bring the total number of lawsuits the company has filed to nine; in the…

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TuesdayApr 20, 2021 1:37 pm

CBDNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Announces Completion of Groundbreaking Study on CBG Use on Skin

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates, has completed a series of studies evaluating the safety and anti-inflammatory, anti-aging, and antimicrobial properties of its cannabigerol (“CBG”) when used on skin. The studies were conducted in collaboration with Signum Biosciences Inc., Willow’s development partner. The company announced that the studies show that Willow CBG is safe and effective when used on the skin and around the eye area; data indicates the ingredient can act as a more potent antioxidant and anti-inflammatory for certain skin applications than…

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MondayApr 19, 2021 10:53 am

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO) Releases Statement Confirming Company in ‘Strongest Position’ Ever

HempFusion Wellness (TSX: CBD.U) (OTC: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, recently reassured investors that the company is moving forward and that all aspects of the company are sound. HempFusion made the announcement in response to recent trading activity that saw its share prices fall. The company stated that its material contracts and relationships with key distributors around the world are in good standing and that all aspects of the business, including the five-channel distribution strategy, are in-motion, with no undisclosed events that would cause the share decline. All…

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ThursdayApr 15, 2021 11:04 am

CBDNewsBreaks – Hero Technologies Inc. (HENC) Retains Patent Attorney to Solidify Cannabis Intellectual Property Rights

Hero Technologies (OTC: HENC), a cannabis company focused on a vertically integrated strategy, today announced that it has retained a patent attorney to help protect and monetize the intellectual property of its subsidiary, BlackBox Systems and Technologies LLC. BlackBox has developed a proprietary cannabis growing system based on aeroponic cultivation technology. The system creates ideal cannabis growing conditions, which enhance photosynthesis, produce large plant flowers and optimize harvests. The company's new intellectual property attorney is Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, P.A. Weisberg is a registered patent attorney with a "preeminent" peer rating and more than…

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ThursdayApr 08, 2021 1:25 pm

CBDNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Closes on Majority Ownership of Plant-Based CBD Skincare Brand

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, has closed on the purchase of its majority ownership in Fifth & Root Inc., a California-based, nationally recognized CBD skin-care brand. Fifth & Root noted that it hopes the move will allow the company to provide innovative CBD products nationwide through the largest and best beauty retail partners in the country. The purchase agreement noted that GLDFF will pay total consideration of up to $1,687,500 for 80% ownership of Fifth & Root. The consideration will consist of $250,000 cash payment…

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