CannabisNewsBreaks

ThursdayMar 14, 2019 9:43 am

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Closes $1.8M Private Placement

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) on Wednesday announced that it has closed its previously announced private placement for aggregate gross proceeds of up to $1,882,000 at a price of C$0.54 per unit. According to the update, each unit consists of one issuer common share and one half of one share purchase warrant. Holders of each whole warrant will be entitled to acquire one Wildflower common share at a price of $0.85 for a period of 24 months. Once resale restrictions have expired and upon the company's shares trading at or above a weighted average price of $1.50 for 20…

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WednesdayMar 13, 2019 2:24 pm

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Aims to Increase Access to International Investors through Planned Uplisting

Canadian licensed producer of premium cannabis products, the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), recently announced that it has submitted an application for its common shares to be listed on the Nasdaq Capital Market (http://cnw.fm/e4TiE). An article discussing the company reads, “A Nasdaq listing is an important step toward broadening Flowr’s access to international investors, company co-CEO Vinay Tolia said in a news release. So far, the company has made massive progress executing its business plan since going public in 2018. Further steps are being undertaken to turn Flowr into a truly global company, Tolia underlined. . . . To…

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WednesdayMar 13, 2019 11:02 am

CBDNewsBreaks – CBDWire Partnering with Benzinga to Serve as Official Newswire for the Cannabis Capital Conference

Multifaceted financial news and publishing company CBDWire (“CBDW”) this morning announced that it will once again serve as the official newswire and media sponsor for the Cannabis Capital Conference to be held at the Fairmont Royal York in Toronto, Ontario from April 17 through April 18, 2019. Hosted by leading financial media outlet Benzinga, the conference attracts a wide range of cannabis entrepreneurs and investors throughout North America and offers unparalleled networking opportunities and a full itinerary of presentations, panel discussions, lightning rounds and keynote addresses centered around the dynamic industry. “The Benzinga Cannabis Capital Conference is one of the…

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WednesdayMar 13, 2019 9:48 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) to Convert Loan to 5.55 Percent Equity Position in Mary’s Wellness Ltd.

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its intention to convert, into an equity position, the first tranche of a convertible secured promissory note with Mary’s Wellness Ltd. (“MWL”). According to the update, Redfund was extended the first tranche of C$100,000 from a C$1,000,000 promissory note it entered into with MWL on October 15, 2018. Redfund will own 5.55 percent of MWL upon conversion of the first tranche, and the promissory note’s remaining C$900,000 convertible balance, secured by a general security agreement on assets of MWL, will remain in place to secure additional tranches. “Redfund believes…

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TuesdayMar 12, 2019 1:30 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Aims to Conduct Further Human Clinical Trials Following Positive TurboCBD Results

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) plans to conduct additional clinical trials using DehydraTECH(TM) in CBD after recently reporting noteworthy results of cardiovascular performance improvements with TurboCBD. A recent article discussing the company reads, “TurboCBD is Lexaria’s proprietary DehydraTECH-powered, CBD-fortified hemp-oil capsule. The capsules are formulated with full-spectrum hemp oil, ginseng and ginkgo for enhanced focus and memory. They are marketed as a mental and physical boost aimed at helping to remove brain fog, fatigue and stress. TurboCBD is molecularly engineered for quick and high absorption rates into the circulatory system. . . . In a recent press release (http://cnw.fm/v1T2z), Lexaria…

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TuesdayMar 12, 2019 12:51 pm

CBDNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Supporting the Advancement of Cannabis Industry Entrepreneurs

Cannabis Strategic Ventures (OTC: NUGS) cultivates and partners with brands internationally to develop leaders in the cannabis and CBD marketplace. The company recently added to its staffing capabilities through the acquisition of Worldwide Staffing Group. An article discussing the company reads, “Primarily, the company is focused on supporting the growth of entrepreneurs in this industry. It has made strategic acquisitions, in turn offering outsourced personnel solutions informed by the latest growth trends in the cannabis market. Cannabis Strategic Ventures supports all members of the cannabis market, including cultivators, manufacturers and dispensaries. The company offers mentorship and other important services to…

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TuesdayMar 12, 2019 9:16 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) to Present at Second Annual LD Micro Virtual Conference

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, recently announced that the company's President and CEO Andriyko Herchak is scheduled to deliver a presentation and answer questions during the second annual LD Micro Virtual Conference on Wednesday, March 18 at 2:40 PM ET. The conference will take place via webcast and will highlight more than 40 companies operating in the small and micro-cap space. “We are very pleased to be part of the LD Micro virtual conference and look forward to sharing recent corporate developments with interested investors and our shareholders,” FinCanna…

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TuesdayMar 12, 2019 9:00 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints New Member to its Board of Directors

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently announced the appointment of Director Steve Giblin to its board. Giblin is an accomplished leader across global hospitality, technology and real estate industries with a demonstrated track record in value creation. He has strong C suite relationships with Marriott, Hilton and Radisson brands and experience managing the Silverbirch and Delta hotel real estate portfolios for the British Columbia Investment Management Corporation. As Silverbirch CEO, Giblin grew revenues from $280 million to $500 million and increased the portfolio value over 50 percent. In addition, he has worked closely with a number of companies including…

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MondayMar 11, 2019 10:07 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic LOI with Malta Enterprises

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a letter of intent ("LOI") with Malta Enterprises, the economic development agency of Malta. Per the update, the LOI is Supreme’s first step toward an application for a cannabis production license in Malta, one of Europe's principal commercial entry points. The license would allow the company to produce and process cannabis for medical use within Malta, as well as export cannabis to certain international markets for medical use. "We're pleased to announce that we have secured a letter of intent from Malta Enterprises, taking…

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MondayMar 11, 2019 9:58 am

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Announces Acquisition of Infusionz, LLC

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis and CBD industries, this morning announced the completion of its acquisition of Infusionz, LLC, a manufacturer of CBD-based products. Per the update, Infusionz offers a broad range of products through its website, www.CBDInfusionz.com, as well as in retail outlets and through contract manufacturing agreements. “CBD Infusionz is a true leadership play in the CBD space, with rapidly growing sales and the best quality products in the industry. This is the company that developed and launched one of the first edibles in the legal marijuana space and now they…

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