Breaks Categories: News

ThursdaySep 27, 2018 9:26 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Executes Cannabis Distribution Agreement with ParcelPal Technology Inc. (CSE: PKG) (FSE: PT0) (OTC: PTNYF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has entered into an agreement with ParcelPal Technology Inc. (CSE: PKG) (FSE: PT0) (OTC: PTNYF) for cannabis distribution. ParcelPal is a technology driven logistics company that joins consumers with local retailers to get their products delivered swiftly and affordably. Per the update, the two companies will work together to develop an ideal route for distribution of both mail order and same day delivery within several areas. The two companies will also certify that all products will be delivered in accordance with all pertinent regulations.…

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WednesdaySep 26, 2018 11:20 am

CBDNewsBreaks – The Flowr Corporation (TSXV: FLWR) Commences Trade on the Toronto Stock Exchange

The Flowr Corporation (TSXV: FLWR) today made its debut on the Toronto Stock Exchange, a significant step toward the company’s goal of “becoming one of Canada’s top licensed producers.” Founded by MedReleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists, Flowr has a flagship cultivation facility spanning 85,000 square feet in Kelowna, British Columbia. A Forbes article published this morning notes increased activity in the cannabis sector, alongside a glance at Flowr’s strategies, operations and consumer demand for high-quality cannabis. To read the full Forbes article, visit http://cnw.fm/eC9UB To view the full…

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WednesdaySep 26, 2018 10:26 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Joint Venture Agreement with Asterion Cannabis Inc.

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement to form a joint venture focused on the development of a range of medicinal cannabinoid products, including sublingual tablets, transdermal patches and other jointly evaluated products aimed at treating various ailments such as chronic pain, inflammation, epilepsy and anxiety disorders. “This agreement between PreveCeutical and Asterion further supports our mission to improve global health and healthcare by utilizing innovative science and cutting-edge technology to enhance natural products,” Stephen Van Deventer, chairman, CEO and president of PreveCeutical, stated in the news release.…

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WednesdaySep 26, 2018 9:40 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investee Company Receives First Purchase Order

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its investee company, Refined Resin Technologies Inc., has secured its first purchase order for THC distillate in the amount of $840,000. The purchase order received from a high volume, top California cannabis brand specified $840,000 as the minimum annual amount. Monthly volumes and the related payments may increase based on reliable delivery and performance. “To secure a large purchase order from a top California brand is a testament to the stature of the Refined Resin team and bodes well for…

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TuesdaySep 25, 2018 4:30 pm

CBDNewsBreaks – The Flowr Corp. (TSX.V: FLWR) Featured in Benzinga Article ahead of Public Listing

The Flowr Corp. (TSX.V: FLWR), a vertically integrated Canadian cannabis company, was the subject of a recent article published by Benzinga, titled ‘Canada's Flowr Corp. Prepares To Go Public, Bets On Premium Cannabis, Eyes Global Expansion’. As noted in the article, Flowr went public via a reverse takeover of The Needle Capital Corp., allowing it to avoid the need for an IPO. The company intends to list on a U.S. exchange at a future date. “Many of the large producers need to irradiate all of their product to pass Health Canada inspection and that hurts the flavor and smell of…

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TuesdaySep 25, 2018 11:15 am

CBDNewsBreaks – NUGL Inc. (NUGL) Appoints Cannabis Industry Leader as New VP of Sales

NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, this morning named Bob Waters, a former associate publisher and sales director of Culture Magazine, as the company’s vice president of sales. Waters will leverage his vast expertise in sales and marketing to drive the development of NUGL’s sales team and assist in the launch of strategic partnerships and acquisitions for the company’s growing stable of cannabis-focused initiatives. “The addition of Bob could not be a better fit for us. Bob is very connected in the cannabis space and has done a great job building his past company’s advertising…

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TuesdaySep 25, 2018 10:19 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Provides Update on Spin-off Transaction; Subsidiary Intends to Complete Offering of Subscription Receipts

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning provided an update on the spin-off transaction regarding its wholly-owned subsidiary, TGOD Acquisition Corporation ("SpinCo"). The distribution record date is expected to be on or about November 16, 2018, subject to execution of an arrangement agreement between the company and SpinCo and receipt of requisite corporate, regulatory and court approvals. Per the arrangement agreement, TGOD shareholders of record as of the distribution date will receive 0.15 of one SpinCo unit warrant for each TGOD share held. Each unit warrant will entitle the holder to…

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TuesdaySep 25, 2018 9:22 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Gains Inclusion in the Horizons Marijuana Life Sciences (TSX: HMMJ) ETF

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has been added to the Horizons Marijuana Life Sciences (TSX: HMMJ) exchange-traded fund (“ETF”). As the world’s first and largest ETF, HMMJ delivers exposure directly to North American publicly listed life sciences companies that engage in the marijuana industry. "Choom's addition to the Horizons Marijuana Life Sciences ETF is recognition of our efforts to building a dominant branded cannabis company. The Choom brand was created exclusively to service the retail recreational market, ensuring curious customers and cannabis connoisseurs alike can 'cultivate good times',"…

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MondaySep 24, 2018 10:46 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Highlights Recent Progress of Government Relations Team MGR2, LLC

Global Payout, Inc. (OTC: GOHE), alongside wholly owned subsidiary MTrac Tech Corp., this morning announced that MGR2, LLC, the government relations team engaged by the company, has made significant strides in recent weeks toward incorporating language regarding blockchain in state assembly bills to aid in the development of cashless ecosystems for legal cannabis businesses. “The goal of every legislature intending to implement either medical or recreational cannabis is to do so in a responsible manner that provides for the safety and security of the businesses operating in the industry and the community at large,” MGR2 founder Barry Lefkowitz stated in…

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MondaySep 24, 2018 10:42 am

CBDNewsBreaks – GreenBox POS, LLC (GRBX) Completes Takeover of Parent Company

Payment-focused technology company GreenBox POS, LLC (OTC: GRBX) this morning announced that it has successfully completed the transfer of all business and assets of its parent company onto GRBX’s books, as planned. Per the update, operations continued normally throughout the transition, and the company remains on track to realize all previously detailed business objectives. “We had a challenge delivering all the required disclosures on time. I am happy to see that the added effort paid off and the process was successfully completed,” Ben Errez, executive vice president of GRBX, stated in the news release. “Our goal of being completely transparent…

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