CannabisNewsBreaks

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…

Continue Reading

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…

Continue Reading

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…

Continue Reading

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…

Continue Reading

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…

Continue Reading

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…

Continue Reading

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…

Continue Reading

MondayMar 11, 2019 9:43 am

CBDNewsBreaks – The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Partners with Valens Groworks to Accelerate Canadian Hemp Strategy

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a multi-year extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF), a licensed provider of cannabis products and services specializing in various proprietary extraction, distillation, cannabinoid isolation and purification technologies. According to the update, the partnership with Valens will accelerate TGOD's Canadian hemp strategy, allowing for early market entry of its organic hemp-derived CBD products in the coming months. "We are excited to work with TGOD, Canada's premier certified organic producer," Valens CEO Tyler Robson said in…

Continue Reading

MondayMar 11, 2019 9:32 am

CBDNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) President to Present at Second Annual LD Micro Virtual Conference

Youngevity International Inc. (NASDAQ: YGYI), an emerging conglomerate operating in three distinct business segments, this morning announced that it will be presenting at the second annual LD Micro Virtual Conference on Tuesday, March 12 at 4:00 pm EST. Per the update, Dave Briskie, president and CFO of YGYI, will be giving the presentation and answering questions from investors. “We are enthusiastic to be presenting at LD Micro's virtual event and the timing could not be better for YGYI to be making a presentation to the investment community,” Briskie stated in the news release. “We just acquired Khrysos Industries, which we…

Continue Reading

MondayMar 11, 2019 9:17 am

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Details Plans for Private Placement

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) on Friday detailed its plans to complete a private placement of units at a price of $C0.54 per unit for gross proceeds of up to $1.75 million. Each unit will consist of one common share of Wildflower and one half of one share purchase warrant. Each full purchase warrant will entitle its holder to acquire one common share of the company at a price of $0.85 for a period of 24 months following the closing date of the private placement. Per the update, the financing is already fully subscribed, and it is…

Continue Reading