Breaks Categories: Stock Spotlights

TuesdayMay 04, 2021 1:02 pm

CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Unveils Barrier-Free Line of Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, recently launched a new U.S. e-commerce website to serve as the online home for its growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist. He noted that the company’s original Hourglass technology-based products contained THC and, therefore, could not be sold across state lines or internationally. “No such federal legal barrier…

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MondayMay 03, 2021 3:25 pm

CBDNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Eyes Significant Market Opportunity

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience technology accelerator, raised eyebrows when it announced that XPhyto Laboratories Inc., its Alberta subsidiary, added mescaline production to its psychedelic medicine development programs earlier this year (https://cnw.fm/uyuRo). Mescaline has begun attracting legislative attention, much like was the case with cannabis, which gained widening legalization as state after state approved varied uses of hemp and cannabis within their political boundaries. Recently, California Senator Scott Wiener introduced a bill that would decriminalize select hallucinogenics, including mescaline, in part due to research from top medical universities indicating that such substances can have significant benefits…

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MondayMay 03, 2021 3:01 pm

CBDNewsBreaks – Hero Technologies Inc. (HENC) Leverages Strategic Approach to Target Fast-Growing Market

Hero Technologies (OTC: HENC), a Delaware-based company founded in 2004, is building a vertically integrated business model and leverages a strategic approach as a multi-state operator across multiple sectors of the cannabis industry. These factors uniquely position HENC “to capitalize on the fast-growing market and the growing number of opportunities emerging as a result of legalization and increased popularity among consumers,” reads a recent article. The article notes that the global CBD market, which was valued at $2.8 billion in 2020, is projected to reach $13.4 billion by 2028, growing at a 21.2% CAGR, while “the global legal cannabis market…

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FridayApr 30, 2021 2:13 pm

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Eyes Massive Potential Consumer Base

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leader in the health and wellness cannabidiol (“CBD”) industry, recently received conditional approval to launch its CBD products on the world’s largest cross-border online marketplace, Tmall Global. The approval effectively gives HempFusion the potential to reach more than 750 million new consumers and follows a similar move by its subsidiary, Probulin Probiotics LLC. Notably, the announcement is just one in a series of positive news about the company. “CBD.U became the first U.S.-based CBD and wellness products company to list directly on the Toronto Stock Exchange (‘TSX’) following the completion of…

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MondayApr 26, 2021 3:34 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Eyes Several Expansion Initiatives

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, has earmarked funds it raised through a completed private placement for several expansion initiatives. The proceeds from the sale totaled $1.34 million and will go towards financing the “installment payments and development activities on its Fraser Valley property, final commissioning of the Lake Country project, brand development and U.S. business development with Lords of Grasstown and for general working capital,” reports a recent article. Fraser Valley is known for its lush and pristine farming conditions: “Only 2.4% of the total land farmed in B.C.…

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MondayApr 26, 2021 10:59 am

CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Releases FY 2020 Financial Report

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, has reported its financial numbers for fiscal year 2020. A highlight of the report is the company’s 714% year-over-year revenue growth. GPFT reported net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over revenues of $451,196 for the year ended Dec. 31, 2019, an impressive increase considering the global pandemic. The company also announced that it has focused on renegotiating key terms of approximately $4.2 million convertible notes issued to its institutional investor. As a result of these modifications, the company has eliminated an…

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FridayApr 23, 2021 3:24 pm

CBDNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass(TM) Is a Game Changer

Grapefruit USA (OTCQB: GPFT), a fully licensed manufacturer and distributor in the legal cannabis marketplace, has created a revolutionary product: The Hourglass(TM) THC+ Cannabinoid delivery cream. The cream solves two problems, the first being that cannabis lovers no longer need to ingest cannabinoids to enjoy them. “For the first time, cannabis enthusiasts can enjoy a full, discrete, convenient cannabis experience without rolling, smoking or vaping,” reads a recent article. Secondly, “Grapefruit’s disruptive cream solves the previous problem of THC and other cannabinoids not being easily absorbable through the skin. Using Grapefruit’s proprietary delivery system, Hourglass topical cream creates a Patchless…

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MondayApr 19, 2021 1:20 pm

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) to Bring Quality Products to Retail Buyers Across Canada

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), through its wholly owned subsidiary, Pure Extracts Manufacturing Corp., recently entered into a distribution agreement with an important Canadian LP. Under the agreement, the LP will sell Pure Extracts’ exclusive, high-quality cannabis extract products to provincially authorized distributors and retailers throughout Canada by the end of April. In addition, Pure Extracts has submitted an application to Health Canada to amend its license to permit the company itself to sell cannabis extract products to provincially authorized distributors and retailers. “This milestone dovetails perfectly with our recently signed distribution agreement,” said Pure Extracts’…

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FridayApr 16, 2021 2:41 pm

CBDNewsBreaks – RYAH Group Inc.’s Products Facilitate Personalized Therapies, Remote Patient Monitoring

RYAH Group, a company developing proprietary technology supporting a data-driven approach to health care, has created a range of smart devices set to disrupt the future of medicine. RYAH Group, which is on a mission to advance the world’s transition to remote-health solutions, has done precisely that with its remote health platform called RYAH MD. “RYAH MD is a service that allows clinicians to remotely monitor and control patients’ dosing regimens with RYAH’s dose-measuring products. It provides necessary information that doctors can analyze to learn how different dosing variables affect outcomes. RYAH MD allows the doctor to recommend parameters on…

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FridayApr 16, 2021 2:14 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Finalizes Move into US Cannabis Market

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM), an innovative genetics-based cannabis company located in Canada, has closed a purchase agreement with the shareholders of Lords of Grasstown Holdings Ltd. in which PACR will acquire all the issued and outstanding shares. Under the arrangement, Pac Roots agreed to pay $50,000 in cash, within 30 days of the closing date, and issue 6 million common shares of the company. Lords of Grasstown traces its origin to the vision of Tyler Hazelwood, the founder and director of the iconic Lords of Gastown brand. “This acquisition marks a major milestone for the company…

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