CannabisNewsBreaks

TuesdayFeb 05, 2019 10:26 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Release Q2 Earnings on February 12

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) a Canadian company dedicated to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture, this morning announced the planned release of its second quarter financial results. Per the update, Supreme Cannabis will provide its Q2 financial results for the three months ended December 31, 2018 before markets open on February 12, 2019. To view the full press release, visit http://cnw.fm/su9JS About Supreme Cannabis The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people…

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TuesdayFeb 05, 2019 10:20 am

CBDNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Announces 149% Where’s Weed Q4 Revenue Growth, Expects Accelerating Platform Growth in Q1 and 2019

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced the continued acceleration in revenue growth for its Where’s Weed division, including 149 percent of quarterly year-over-year sales growth and total Q4 revenues exceeding $300K. Based on performance thus far this year, including January’s $108K in revenues, DVLP projects that Where’s Weed Q1 2019 revenue will eclipse the company’s full year 2018 results, representing continued accelerating growth of the company’s leading cannabis services platform. “The Where’s Weed platform hosted over $18M in transactions last year, and we continue to see booming results…

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TuesdayFeb 05, 2019 9:27 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Submits Application for NASDAQ Listing

Canadian Licensed Producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) today announced that it has submitted an application to list the company’s common shares on the NASDAQ Capital Market and has filed a Form 40-F Registration Statement with the U.S. Securities and Exchange Commission. The NASDAQ listing of Flowr’s shares is subject to a number of regulatory requirements that include registration of the common shares with the SEC and NASAQ determination of the company’s satisfaction of all applicable listing requirements. Subject to approval for listing, the common shares will continue to trade under FLWR on the…

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TuesdayFeb 05, 2019 9:19 am

CBDNewsBreaks — Marijuana Company of America Inc. (MCOA) Subsidiary Attends Promotional Events, Gains Exposure at Super Bowl LIII

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning reported that its wholly owned subsidiary hempSMART™ attended special promotional events during Super Bowl LIII this past weekend. The events attended included Ray Lewis’s “Ray of Hope” Foundation’s Gold Jacket for a Purpose event, as well as a special presentation at the Ice Box Club in Atlanta. Numerous persons of interest, including professional athletes, NFL coaches, actors and musicians attended the events and received hempSMART branded product samples including hempSMART™ Brain and hempSMART™ Pain Cream. The company also intends to give out samples of its products to…

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MondayFeb 04, 2019 3:01 pm

CBDNewsBreaks – Earth Science Tech Inc. (ETST) Capitalizing on Hemp Legalization with Recent Changes in Staff Driving CBD Product Distribution

Earth Science Tech (OTCQB: ETST), a Florida-based biotechnology company focused on cannabis and cannabinoid research and development, nutraceuticals, pharmaceuticals and medical devices, sees new opportunity in the passing of the 2018 Farm Bill. A recent article discussing the company reads, “ETST is taking advantage of the opportunities now afforded by the 2018 Farm Bill. In a recent press release (http://cnw.fm/jn2M9), the company announced a change in staff. David Barbash has been signed on as its new chief sales officer, beginning in 2019. He brings more than 20 years of new business development experience and is a proven negotiator, manager and…

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MondayFeb 04, 2019 2:26 pm

CBDNewsBreaks — Marijuana Company of America Inc. (MCOA) Plans to Expand hempSMART Brand into Europe and Asia

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently reported that it is developing a new strategy to internationally expand its hempSMART brand. A recent article discussing the company reads, “MCOA will look to support that vision as it raises $10 million in capital to fund planned projects and expansion plans that include moving into Europe and eventually Asia with its line of hemp-derived CBD (cannabidiol) products. Right before the end of 2018, MCOA announced its filing of Form S-1 with the U.S. Securities and Exchange Commission as an important step in its efforts to raise those…

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MondayFeb 04, 2019 9:42 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Option Agreement to Acquire 196,000 Square Foot Cannabis Facility

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that, on February 1, 2019, it accepted an assignment of a real estate option agreement from its CEO, Jim Pakulis, to acquire an asset package that includes an existing 196,000 square foot facility on 6.5 acres of land, as well as cannabis processing and packaging equipment. Should the option be exercised, the purchase price of the property is an aggregate of $15 million, payable in cash. Over the past two years, approximately $8 million in tenant improvements have been completed to create a vertically-integrated cannabis facility at the site. The arms-length…

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MondayFeb 04, 2019 9:28 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Completes Additional Investment in Canapar Corp., Expands Ownership Stake to 49 Percent

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its completion of a subsequent $9.4 million equity investment in portfolio company Canapar Corp. (“Canapar Canada”), the Canadian parent corporation of Italian organic hemp production and processing platform Canapar SrL (“Canapar Italy”). Per the update, this investment aligns with Canopy’s globally-focused growth strategy and is expected to provide the company with an opportunity to capitalize on the rapidly expanding European cannabidiol market. With its most recent investment, Canopy’s ownership position in Canapar Canada has expanded to 49 percent on a non-diluted basis. “Canopy Rivers’ investment…

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FridayFeb 01, 2019 3:20 pm

CBDNewsBreaks – Icon Exploration Inc. (TSX.V: IEX.H) Aims to Capitalize on the Medical and Recreational Cannabis Markets

Icon Exploration (TSX.V: IEX.H), a company working toward establishing its foothold in the global cannabis sector, is planning on operating within both the medical and recreational cannabis markets. An article discussing the company reads, “In what is a win-win situation for Icon, the company has placed bets on both recreational and medical cannabis. This legal market is growing at double-digit rates, and capitalizing on that growth, Icon is aiming to create a well-diversified company that produces long-term returns for shareholders. To do so, it intends to be a leading purveyor of medicinal and recreational cannabis while, at the same time,…

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FridayFeb 01, 2019 10:08 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Construction Update, Increases Capacity, Confirms On-Schedule Launch of Growers Circle

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today released a detailed construction update on its domestic Valleyfield and Hamilton operations that reflects significant progress toward the completion of both facilities. According to the update, as a result of a recently-identified need for design modifications in the construction process, the engineering improvements enable optimized facility throughput that, combined with organic specific modifications, provide an increased domestic productive capacity forecast from 156,000 kg to 202,500 kgs. The updated construction plan requires increased capital expenditures of approximately $30 million for the completion of the structures and…

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