ThursdaySep 13, 2018 12:14 pm

CBDNewsBreaks – Canopy Rivers Corp. and AIM2 Ventures Inc. (TSXV: AIMB.P) Shareholders Vote in Favor of Qualifying Transaction

Canopy Rivers Corporation and AIM2 Ventures Inc. (TSXV: AIMB.P) (“AIM2”) recently announced that the shareholders of the respective companies have voted in favor of all matters concerning the companies’ business combination that will result in in a reverse take-over (“RTO”) of AIM2 by Canopy Rivers. The transaction will also constitute AIM2’s qualifying transaction. AIM2 shareholders also agreed to all matters at the meeting including increasing the size of the AIM2 board, the election of all proposed board members, the name change to Canopy Rivers Inc., the consolidation of its existing common shares on a 26.565 for 1 basis, the adoption…

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ThursdaySep 13, 2018 10:11 am

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) CEO Appointed to Board of Directors of Direct Selling Association

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) this morning announced that the company’s chief executive officer, Steve Wallach, has been appointed to the Direct Selling Association (“DSA”) Board of Directors. The DSA is a national trade association that represents the direct selling industry and advocates on behalf of its 200-plus member companies. "I'm extremely grateful for the opportunity to serve on the DSA Board of Directors," Youngevity International CEO Steve Wallach stated in the news release. "I look forward to helping advance the association's global membership initiatives and being at the forefront of positive change in our industry." To…

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ThursdaySep 13, 2018 9:31 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Enters Joint Venture Agreement with True Promise Beauty

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced its entry into a joint venture agreement with True Promise Beauty to develop a new skincare line infused with cannabidiol (CBD). Per the update, Cannabis Strategic will have access to True Promise Beauty’s proprietary hemp-derived CBD infused formulas and products, as well as its established distribution channels. The True Promise Beauty team is led by Gail Johnson, an Emmy nominated makeup artist. “The True Promise Beauty partnership provides Cannabis Strategic Ventures deep beauty industry knowledge and a robust distribution network to compete in the bourgeoning CBD beauty industry,” Simon Yu, CEO…

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WednesdaySep 12, 2018 1:55 pm

CBDNewsBreaks – Marijuana Stocks Surge as Conventional Companies Invest in the Industry through Partnerships

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article discussing the current surge of marijuana stocks on Fool.com titled, “The Only Marijuana Stock That Fell in August” authored by Sean Williams. The article attributed the rise in marijuana stocks to the approaching legalization of recreational marijuana in Canada. The second catalyst, per the article, is the growth in mainstream businesses striking up deals with major cannabis industry players. Constellation Brands, Inc. (NYSE: STZ), for instance, announced a $3.8 billion equity stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)…

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WednesdaySep 12, 2018 11:27 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Uplists to OTCQB Venture Market

Biotechnology company Earth Science Tech Inc. (OTCQB: ETST) this morning announced that it has been approved for uplisting to the OTCQB Venture Market. As noted in the update, the OTCQB Venture Market facilitates transparent trading for entrepreneurial and development-stage companies that have met a minimum bid price test, are current in their financial reporting and have undergone an annual verification and management certification process. “Historically, up-listing to the OTCQB and being fully reporting has resulted in greater liquidity and awareness,” Nickolas S. Tabraue, president, director and chairman of ETST, stated in the news release. “We are committed to the higher…

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WednesdaySep 12, 2018 10:31 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Launch of Certified Organic Cannabis Brand

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced the launch of its premium, certified organic cannabis brand. Per the update, this preeminent launch coincides with Canadian Organic Week, the largest annual celebration of organic food, farming and products across the country. As part of the launch, TGOD is selecting 200 beta patients to experience its product this coming January. Applicants will be selected from the company's Founder's Club enrollment program. “We are thrilled to launch our premium organic brand of TGOD products with a focus on providing the highest-quality cannabis…

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WednesdaySep 12, 2018 10:06 am

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Brand

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium food and beverage company, this morning announced the launch of its "Oki" brand. Comprised of a line of functional beverages and supplements infused with active hemp extract, the Oki brand will be sold in up to 2,400 specialty store locations in the United States. All Oki brand products contain non-GMO organic ingredients and are packaged in 100% recyclable glass containers. Oki beverages are infused with 10 mg of active hemp extract per bottle and Oki supplements are available in tinctures or capsules that range in doses from 600-1800 total mg of active…

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WednesdaySep 12, 2018 9:25 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Posts Letter to Shareholders

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning issued a letter to its shareholders which includes a summary of the year so far and details of the company’s plans for the remainder of 2018. “As you may expect we have a bullish outlook on the industry. We’ve seen very high valuations in publicly listed Canadian cannabis companies and believe the U.S. market is in its infancy with the big gains still to come,” FinCanna Capital president and CEO Andriyko Herchak stated in the news release. “Our share price performance to…

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TuesdaySep 11, 2018 2:02 pm

CBDNewsBreaks – The Flowr Corp.’s Experienced Executive Team Attracts Attention Prior to RTO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, was recently highlighted in an article discussing noteworthy players in the cannabis industry on Benzinga.com titled, “Pot Stocks, ETFs, Top News And Data From The Cannabis Industry This Week” authored by Javier Hasse. Among other highlights, the article mentioned Flowr’s recently closed offering of subscription receipts, which raised approximately C$36 million ahead of the company’s planned reverse takeover (“RTO”) anticipated to take place early to mid-September. “On the private side, MedReleaf founders have moved on to build the Flowr Corp. and maybe they can repeat the…

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TuesdaySep 11, 2018 1:55 pm

CBDNewsBreaks – Analysts Weigh in on Pure-play Marijuana Stocks

Tilray (NASDAQ: TLRY), Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) and Cronos Group (NASDAQ: CRON) were recently noted as three pure-play marijuana stocks currently listed on U.S. stock exchanges in an article on Fool.com titled, “The Marijuana Stock That Wall Street Likes the Most” authored by Keith Speights. Per the article, Tilray has been ranked as a “strong buy” by analysts at Cowen & Company, Northland Capital, and Roth Capital. Zacks Investment Research referenced Cowen & Company and GMP Securities in its list of analysts covering Canopy Growth, which received “buy” or “strong buy” ratings as well. Cronos Group, however,…

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