Breaks Categories: Stock Spotlights

MondayJun 21, 2021 12:23 pm

CBDNewsBreaks – Hero Technologies Inc. (HENC) Eyes over $1B in Revenue at End of Multiphase Plan

Hero Technologies (OTC: HENC), a cannabis company working toward a vertically integrated business model, is paying close attention to Michigan’s medicinal and recreational cannabis sales numbers, which are reaching record highs. This is because its majority-owned subsidiary, BlackBox Systems and Technologies LLC, earlier this year signed a purchase agreement to acquire 120 acres of Michigan farmland for cannabis cultivation. According to HENC CEO Gina Serkasevich, who was quoted in a recent article, the numbers for the company’s cannabis cultivation plan in Michigan, which it anticipates will take anywhere from five to ten years to complete, look exceptionally strong. “We have…

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MondayJun 21, 2021 12:08 pm

CBDNewsBreaks – Why Golden Triangle Ventures Inc. (GTVH) Is ‘One to Watch’

Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted company that currently wholly owns four subsidiaries — Global Health Services, Lavish Entertainment (EpicRaves), HyFrontier Technologies, and Napa Wine Brands — is committed to purchasing, acquiring and/or partnering with promising established entities. Through the guidance of the management team, comprising of Steffan Dalsgaard, GTV’s founder and executive chairman; GTV’s chief innovations officer and director and the CEO of HyFrontier, Robert Dubose; and Stuart Seim, GTV’s chief development officer and director, the company has made notable strides towards the fulfillment of this goal. “On May 26, 2021, Golden Triangle announced its acquisition of…

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FridayJun 18, 2021 1:53 pm

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Advancing Visionary Approach with Diverse Products

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) is a leader in the health and wellness cannabidiol (“CBD”) industry. The company is advancing a visionary approach with a view to balancing people’s energy levels and general well-being by expanding its international distribution channels and demonstrating its compliance with global regulatory standards for hemp-derived products. “The company’s HempFusion USA subsidiary, registered as HempFusion Inc., provides consumers with a wide array of hemp-derived CBD products, including branded tinctures, capsules and products for sleep and stress. HempFusion Inc. also offers a full line of over-the-counter topicals designed to address pain, eczema, acne and…

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TuesdayJun 15, 2021 2:19 pm

CBDNewsBreaks – Pure Extracts Technologies Corp.’s (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) BC Facility Ready to Meet Increasing Demand

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) is seeing interest from producers and brands looking for new opportunities and partnerships. In a corporate update focused on three points of interest in its growing business — cannabis, functional mushrooms and psilocybin — CEO Ben Nikolaevsky noted that the company’s Pemberton, British Columbia facility is fully operational and ready to meet the increasing demand for cannabis-based gummies, vapes and white-label products. According to a recent article, “The facility will be involved as the company ramps up production on its Pure Pulls and Pure Chews as they re-enter the market. In…

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FridayJun 11, 2021 12:58 pm

CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Enhancing Hourglass Brand Awareness on Heels of Successful E-Commerce Website Launch

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, can now offer both U.S. and international customers a convenient, one-stop shop to purchase its THC-free, hemp-derived CBD Hourglass-powered products. This is after the launch of its worldwide e-commerce website, www.HourglassOnlineStore.com, in May. A recent article quoted Grapefruit CEO Bradley Yourist as saying, “Grapefruit’s new, easy-to-navigate website will allow approved affiliates to sign up to market and sell our THC-free, hemp-derived CBD Hourglass products through their own Grapefruit-approved channels and platforms, which will allow Grapefruit to rapidly increase the availability of our CBD product…

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WednesdayJun 09, 2021 11:55 am

CBDNewsBreaks – Pac Roots Cannabis Corp.’s (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Products Stand Distinct in Competitive Market

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has been largely unaffected by the saturated supply chains and a stream of new market entrants into the cannabis cultivation industry. “PACR uses a ‘genetics first’ approach to cultivation that is critical to the company’s success in a market crowded with generic mass-produced cannabis products,” reads a recent article. “Through a partnership with Phenome One, a plant breeding management and analytics firm, PACR has access to a selection of some of the world’s most exclusive cannabis plants from Canada’s most comprehensive genetics library. This allows the company to develop exclusive strains with…

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TuesdayJun 08, 2021 1:05 pm

CBDNewsBreaks – Hero Technologies Inc. (HENC) Seeks to Monetize Transformative Growing Systems

Hero Technologies (OTC: HENC) recently announced it had retained intellectual property attorney Alan M. Weisberg, Esq., a partner of Christopher & Weisberg, P.A., as it focuses on protecting and monetizing the intellectual property (“IP”) of its subsidiary, BlackBox Systems and Technologies LLC. The IP covers a proprietary cannabis growing system based on aeroponic cultivation technology. According to a recent article, “The system creates ideal cannabis growing conditions with a highly efficient use of materials that increases photosynthesis, produces large plant flowers, and optimizes harvests.” The article quoted Hero Technologies CEO Gina Serkasevich as saying, “Solidifying our cannabis intellectual property rights…

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FridayMay 28, 2021 1:17 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Seeks to Expand Production as It Enters Lucrative Market

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), a company that uses a genetics-based cultivation approach to differentiate itself from competitors, has thus far focused its efforts on the Canadian market. Recently, however, the company announced the closing of a purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd., a move that heralds its entry into the lucrative U.S. legal cannabis market in addition to broadening its product portfolio. At the same time, Pac Roots has sought “to expand production, most recently through the acquisition of a substantial, 250-acre restriction-free plot of land in the Fraser Valley —…

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FridayMay 28, 2021 12:37 pm

CBDNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Eyes Potential Expansion of ‘Covid-ID Lab’

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, recently received the CE-IVD approval (European certification) of its 25-minute COVID-19 RT-PCR test kits (“Covid-ID Lab”). The approval facilitated initial sale and distribution of the Covid-ID Lab in Germany and, later, other parts of Europe, the Middle East and North America. The company also recently announced delivery of 2,000 units of Covid-ID Lab to an established medical distributor in Israel. This, subject to commercial regulatory approval and subsequent potential product distribution, signaled XPhyto’s entry into the Middle East. “These units will be used for clinical evaluation based on…

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ThursdayMay 27, 2021 11:42 am

CBDNewsBreaks – Hero Technologies Inc. (HENC) Strengthens Balance Sheet with Veteran Hemp

Hero Technologies (OTC: HENC) recently received an independent third-party valuation and purchase price allocation for the acquisition of the assets of Veteran Hemp Co. “In November 2020, Hero Technologies entered into a purchase agreement to acquire all the assets of Veteran Hemp Co. from Patriot Shield National LLC,” reads a recent article. Veteran Hemp Co., which offers hemp that is tested, tasted and veteran approved, is committed to providing quality, consistent, delicious product, and it accomplishes this by working with the best farmers in the country, delivering the best genetics, helping at every point along the way, and packaging only…

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