Breaks Categories: News

MondayDec 03, 2018 3:26 pm

CBDNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Claims Multiple Categories at ACQ5 Global Awards 2018, CEO Identified as “Gamechanger of the Year”

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced its recognition at the 2018 ACQ5 Global Awards, where the company won two categories and its CEO, Oleg Firer, was named “Gamechanger of the Year.” In addition to Firer’s designation as 2018’s Gamechanger, the awards, which celebrate global organizations and individuals for achievement, innovation and brilliance, recognized NETE as U.S. Payment Solutions Provider of the Year and U.S. Scale-Up Company of the Year (Payment Solutions). “Our goal at Net Element is to be exactly as represented by the award we won - a gamechanger for the…

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MondayDec 03, 2018 11:19 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) Solidifies Leading Position in Edibles with Acquisition of Cannabis-Infused Baked Goods Brand GOOD CO-OP

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) this morning announced its entry into a definitive agreement to acquire the assets of California-based cannabis-infused baked goods brand GOOD CO-OP, Inc. in an all share transaction. The acquisition, valued at approximately C$2.03 million, represents PLUS’s strategic entry into baked goods, the third-largest edibles category, after reaching the top edibles position with only four full-time products. “When Pete and I started GOOD, our mission was to make the best cannabis baked goods products in the world,” GOOD CEO and Co-Founder Mike Appezzato stated in the news release. “Manufacturing consistent cannabis food…

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MondayDec 03, 2018 10:31 am

CBDNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Recognized as Canadian Cannabis Brand of the Year

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced recognition of its wholly owned subsidiary, 7ACRES, as the Brand of the Year at the 2018 Canadian Cannabis Awards presented by Lift & Co. (TSX.V: LIFT). The awards celebrate Canadian cannabis, distinguishing the innovators, companies and products that make it great, and 7ACRES was selected by a panel of industry professionals across a variety of sectors in the space. "We are extremely honored to have been recognized as Brand of the Year by the Canadian Cannabis Awards,” Supreme Cannabis President and Founder John Fowler stated in the news…

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MondayDec 03, 2018 10:26 am

CBDNewsBreaks – American Premium Water Corp. (HIPH) Teams with Aird & Berlis to Initiate Process for Canadian Exchange Listing

American Premium Water Corp. (OTC: HIPH) this morning announced its engagement of Canadian law firm Aird & Berlis to initiate the process of listing on a Canadian stock exchange, with targeted completion set for the end of the first half of 2019. “Today’s announcement is the first step to expand the Company’s reach into North American and the global investor market,” American Premium CEO and Interim Chairman Ryan Fishoff stated in the news release. “Listing in Canada will allow the Company to access capital markets in a region that is more mature and experienced in the cannabis industry where there…

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FridayNov 30, 2018 2:30 pm

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Offering Products with Natural, Organic Ingredients to Serve Growing Markets

Hemp-cultivated cannabinoid innovator Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) is responding to consumers’ desire for natural, organic ingredients by providing multiple product lines that exclusively use non-GMO, natural ingredients. A recent article discussing the company reads, “Consumers are shifting away from pharmaceutical companies and looking for natural remedies. Phivida is supplying this growing shift with two product lines, Vida+ and Oki. Vida+ (www.HempVidaPlus.com) offers a line of clinical hemp oil extracts and capsules. Oki (www.FeelOki.com) is a new line of consumer beverages and health supplements infused with active hemp extract. Oki beverages come in iced teas and flavor-infused water,…

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FridayNov 30, 2018 10:41 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Nominates Three Independent Directors

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) today announced its nomination of Karen Basian, Maurice Levesque and Dr. J. André de Barros Teixeira to stand for election to the company’s board of directors at its December 28, 2018 shareholder meeting. Basian brings over 25 years of experience in the consumer products, financial services and technology sectors. Levesque has 30 years of experience in the Canadian financial industry, recognized for his broad knowledge, skills and experience in venture capital, financial services and new business formation and development. Dr. Teixeira has an extensive consulting background in the…

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FridayNov 30, 2018 10:09 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) Releases Q3 2018 Financial Results, Reports Record Revenue Growth of 617 Percent to $2.5M

Leading California edibles manufacturer Plus Products (CSE: PLUS) this morning announced its financial results for the three months ended September 30, 2018. The update provided Q3 2018 financial highlights, including: Record revenue of $2.56 million, reflecting a 617 percent increase over the three months ended September 30, 2017 and a 60 percent increase over Q2 2018; quarter-over-quarter retail sales growth of 104 percent to $8.0 million in Q3; gross margin of $0.38M (15 percent) for Q3 2018 compared to -$0.17M (-48 percent) in Q3 2017; strong cash position of $11.1 million at end of Q3, prior to closing of CAD$20…

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FridayNov 30, 2018 10:03 am

CBDNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Premium CBD Product Line on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint, Inc. (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally-syndicated with money-focused topics, featuring in-depth interviews with CEOs and executives from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht was featured on this week’s program to discuss the company’s launch of a premium CBD product line to its Singleseed.com website. The television program is available for immediate online viewing at www.MoneyTV.net To view the full press release, visit http://cnw.fm/9JuEj About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company with…

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ThursdayNov 29, 2018 10:55 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Releases Results for the Third Quarter and Nine Months Ended September 30, 2018

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) has announced its results for the third quarter and nine months ended September 30, 2018. The update provided business highlights, with financials reported in Canadian dollars, including: Completion of almost $65 million in fundraising throughout 2017 and 2018; culminating in a nearly $36 million raise as part of the reverse takeover transaction leading to FLWR’s listing on the TSX Venture Exchange; Kelowna, BC facility cultivation and harvesting a total of 358,768 grams; Health Canada sales license and entry into supply agreements with provincial authorities from British Columbia, Nova…

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ThursdayNov 29, 2018 10:27 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Releases Q3 2018 Financial Results, Reports Strong Revenue Growth

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) released financial and operational results for the three and nine months ended September 30, 2018. The Q3 2018 update (with figures reported in Canadian dollars unless otherwise stated) includes the following highlights: Revenue of $3.8 million with gross margin of 56 percent; year to date revenue of $13.4 million, up more than 30 percent year over year; initial operations and revenue from the extraction facility; closed $23 million bought deal financing. “We continue to make progress towards completion of Phase 1, the first 325,000 square feet, of our purpose built, high-technology…

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