Breaks Categories: News

TuesdayOct 02, 2018 10:42 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Provides Update on JV CBD Hemp Operation in Oregon

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning issued an update on its joint venture project with partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) in Scio, Oregon. Per the update, harvest has commenced at the farm. During the next 10 days, the team will harvest this year’s crop consisting of roughly 36,000 high yielding CBD hemp plants that were grown in an orchard style cultivation on 33 acres. Following the harvest, the hemp will be dried in preparation for storage prior to processing. After the drying of this year’s crop is complete,…

Continue Reading

TuesdayOct 02, 2018 10:04 am

CBDNewsBreaks – Sugarmade, Inc. (SGMD) Takes Steps to Acquire Hydroponic Companies for $45M Revenue Stream

Shares of Sugarmade, Inc. (OTCQB: SGMD) surged 10 percent in early trade, moving on volume of more than 2.5 million, after the hydroponics supply company said it has issued formal proposals to acquire two profitable hydroponic cultivation supply companies in the cannabis sector. Should the acquisitions be successful, the company said it will boost its revenue guidance to $75 million for next year. Sugarmade recently provided 2019 guidance of $30 million. "These acquisitions will not only very significantly boost our top line revenue growth, but will also expand our distribution across the most important sectors of the fast-growing cannabis marketplace,…

Continue Reading

MondayOct 01, 2018 2:45 pm

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Subsidiary Makes Initial Shipment to the Ontario Cannabis Store

The Flowr Corporation (TSX.V: FLWR), through subsidiary The Flowr Group (Okanagan) Inc., this morning announced that it has initiated product shipments to the Ontario Cannabis Store, the province’s sole legal online retailer for recreational cannabis, in anticipation of the scheduled October 17, 2018, opening of the adult-use market. “We’re very pleased to be supplying Flowr’s premium cannabis to the Ontario Cannabis Store,” Tom Flow, Flowr’s co-founder and president, stated in the news release. “Our flower is grown in facilities with proprietary designs and cultivation systems in the world famous Okanagan Valley of British Columbia, then hand trimmed and craft cured…

Continue Reading

MondayOct 01, 2018 10:35 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Details Plans to Launch CBD Hemp Wine

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its plans to launch CBD Hemp Wine, a private brand of hemp-infused rice wine, through wholly owned foreign enterprise CBD Biotechnology Co. Ltd. “Our sales increased 41% on a year-on-year basis largely due to the significant increase in our hemp oil and alcoholic beverage products sales of which have increased by 28,859%. Given the trends and the current demands we are seeing in the marketplace, we believe this is a significant opportunity,” Warren Wang, CEO of ChineseInvestors.com, stated in the news release. “Moving forward, CBD…

Continue Reading

FridaySep 28, 2018 11:29 am

CBDNewsBreaks – Analyst Warns Investors Against Blindly Following Trends

A recent article by Christoph Damm on BusinessInsider.com titled, “Cannabis stocks just went through the roof — but this stockbroker is warning investors not to follow the hype” highlights the dangers of following each new trend when it comes to making investments on the stock market. One such trend right now is Cannabis. With upcoming legalization in Canada and changing legislation in the US, the cannabis sector is a hot topic that is constantly at the forefront of the media. Folker Hellmeyer, chief analyst at Solvecon Asset Management, believes that investors should pay more attention to companies' analyses than blindly…

Continue Reading

FridaySep 28, 2018 11:24 am

CBDNewsBreaks – The Flowr Corporation (TSXV: FLWR) Subsidiary Commences Direct Sales

The Flowr Corp. (TSX.V: FLWR), a vertically-integrated Canadian cannabis company, yesterday announced that its subsidiary, The Flowr Group (Okanagan) Inc., has launched direct sales of its FlowrRx brand medical cannabis to customers through its website, www.Flowr.ca. Per the update, the company will initially accept a limited number of customers, providing them with access to a wide range of cannabis strains. “FlowrRx's premium cannabis is grown to provide our clients with the medicinal benefits they seek and, most importantly for their care, a consistent experience,” Dr. Lyle Oberg, chief policy and medical officer of Flowr, stated in the news release. “We’re…

Continue Reading

FridaySep 28, 2018 9:55 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Filing of New Strategic Patent Application

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, this morning announced the filing of a new strategic patent application. Per the update, the new provisional patent application is entitled "Lipophilic Active Agent Infused Tobacco Leaves and/or Tobacco Materials and Methods of Use Thereof" and represents Lexaria’s tenth patent family, expanding the applicability of the already-patented DehydraTECH technological process to impart benefits to tobacco leaves that may be utilized to deliver compounds that may or may not include nicotine. Notably, Lexaria intends to manage between 150 and 200 patent applications around the world within two years. To…

Continue Reading

ThursdaySep 27, 2018 2:57 pm

CBDNewsBreaks – The Flowr Corporation (TSXV: FLWR) Chairman Featured in Interview by CFN Media Group

Steve Klein, chairman of The Flowr Corporation (TSXV: FLWR), was featured in a recent interview published by CFN Media Group. Host Greg Hasty was on location at the Cannabrunch in New York City to speak with industry leaders and high net worth investors in the cannabis space. During his interview with the FLWR chairman, Klein speaks to the current state of the Canadian cannabis industry, as well as Flowr Corp.’s progress toward establishing a foothold in the market. “There’s a lot of things to be excited about right now,” Klein noted in the interview. “We’re finishing our 85,000-square-foot first facility…

Continue Reading

ThursdaySep 27, 2018 10:54 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Completes Audit for FY2018, Nears Fully Reporting Status

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced the completion of a full audit for its fiscal year ended March 31, 2018. Per the update, this milestone completes the three-year audit required to become a fully reporting company with the U.S. Securities & Exchange Commission. Cannabis Strategic Ventures intends to use its fully reporting status to uplist to a higher OTC Markets tier. “Audits tend to be the most time-consuming part of the financial reporting process. With the final audit completed, we can pivot to filing disclosures and reports with the SEC,” Simon Yu, CEO of Cannabis Strategic Ventures,…

Continue Reading

ThursdaySep 27, 2018 10:04 am

CBDNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Uplists to OTCQX Best Market

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that it has qualified to trade on the OTCQX® Best Market. VIVO moved to OTCQX from the OTCQB® Venture Market. The company started trading today on OTCQX under the symbol “VVCIF”. “Our decision to move to the OTCQX® Best Market reflects the building interest in our story and will allow us to increase our exposure to the investment community, both in Canada and internationally,” VIVO Cannabis CEO Barry Fishman stated in the news release. “We are excited to increase liquidity and transparency for our shareholders through an established and respected…

Continue Reading