CannabisNewsBreaks

FridayJan 04, 2019 11:27 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Set to Gain from Exclusive Licensing Agreement for Innovative Spray Technology

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, recently announced the execution of a letter of intent (“LOI”) to acquire exclusive rights to all sales channels for the VitaMist product line in Asian markets domestically and internationally. A recent article further discussing the company’s deal reads, “ChineseInvestors.com, Inc.’s (OTCQB: CIIX) LOI with BCDBG, Inc. for the global Asian community sales rights to organic VitaMist is not only expected to expand its consumer division; it also calls for development of an exclusive line giving CIIX vitamin spray as well…

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FridayJan 04, 2019 10:35 am

CBDNewsBreaks – Sugarmade, Inc. (SGMD) Stands Firm in its Commitment to Supply the Legal Cannabis Cultivation Industry

Sugarmade (OTCQB: SGMD) remains focused on supplying equipment and technologies to support the legal cultivation, processing and storage of cannabis and other agricultural products. A recent article discussing the company reads, “Sugarmade is expecting substantial payoff for its commitment to the industry. The company intends to invest in Hempistry, Inc. a privately held Nevada corporation, which has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain in the U.S. State of Kentucky (http://cnw.fm/uzJ0d).  In addition, Sugarmade has signaled strong interest in an agreement with Hempistry for hemp cultivation supplies. Hempistry has already begun planting and has signed an agreement reserving…

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FridayJan 04, 2019 9:59 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Over $2.4M in Initial Cannabis Product Sales in California

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that it has secured more than USD $2.4 million in future sales of Sunniva branded cannabis products, to be completed in the first four months of 2019. Achieved through one of the company’s existing retail relationships, this marks Sunniva’s first cannabis product sales in the state of California, and it anticipates securing additional sales contracts in the near future. Sunniva’s current product inventory is estimated at a value in excess of USD $5 million and consists of ultrapure cannabis distillate, premium concentrates and flower. The company intends to…

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FridayJan 04, 2019 9:28 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Retains Hybrid Financial Ltd. for IR Services

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) recently announced that it has retained Hybrid Financial Ltd., a marketing and retail distribution services company, to provide certain investor relations (“IR”) services for an initial term of six months. Canopy Rivers will pay Hybrid a monthly fee of CAD $14,000, and has granted Hybrid options to purchase up to 120,000 shares of the company at a price of $3.50 per share. Starting three months after the grant, the options shall vest in quarterly increments and will expire within 12 months of the grant, except for the final tranche, which expires three months following…

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ThursdayJan 03, 2019 2:30 pm

CBDNewsBreaks – Therma Bright, Inc.’s (TSX.V: THRM) (OTC: THRBF) Revolutionary Products Designed to Relieve Pain, Symptoms of Bites and Stings

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) is focused on serving the cosmeceutical industry through its innovative products, devices and treatments that address dermatological needs. A recent article discussing the company’s offerings reads, “Another of ThermaBright’s revolutionary products is TherOZap. This device uses thermal therapy as a second line of defense against insect bites. The device is used to relieve the pain, itch and swelling that can result from more than 20,000 types of insect and marine life bites and stings. These includes bees, wasps, hornets, mosquitos, black flies and jellyfish. Plans are in place to test…

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ThursdayJan 03, 2019 9:56 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Commercial Sublicense with EnWave Corp. (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY) to Use REV Technology in Drying Cannabis

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its entry into a royalty-bearing commercial sublicense with EnWave Corporation (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY). EnWave is developer of the  proprietary Radiant Energy Vacuum ("REV") technology, an innovative method for the precise dehydration of organic materials, and Tilray is its licensed partner with an exclusive right to use and sub-license EnWave's proprietary REV technology in Canada.  Under the agreement, TGOD will be granted the right to use EnWave's proprietary REV dehydration technology in its Canadian operations to dry organic cannabis.…

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ThursdayJan 03, 2019 9:18 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Secures California State Temporary Distributor License

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has been issued its “Adult-Use and Medicinal – Temporary Distributor License” in the state of California. Refined Resin already holds its temporary manufacturing license in the state and has submitted its application for its annual license. “We are pleased to see the timely acquisition of the necessary licenses as the Refined Resin team completes the regulatory requirements for commercial operations,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “We look forward to a prosperous 2019 both for the…

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WednesdayJan 02, 2019 11:35 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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WednesdayJan 02, 2019 11:20 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTC: SNNVF) Announces Acquisition of LTYR Logistics, LLC

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) on Monday announced the closing of its 100% acquisition of LTYR Logistics, LLC (“LTYR”), a California-based cannabis distribution company. Per the update, with its proven ability to execute growth and cannabis space distribution capabilities, LYTR will play an instrumental role in driving Sunniva’s leadership position in California as vertically integrated across the entire value chain, from seed to sale, with the launch of its Sunniva branded product line in Q1 of 2019. “We are pleased to have completed this transaction and we are looking forward to 2019 when the full impact…

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WednesdayJan 02, 2019 11:09 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Reviews Numerous Major Achievements and Positioning for Pivotal 2019

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) on Monday reviewed the company’s achievements from 2018 as well as business plans and initiatives for 2019. Per the update, the company’s accomplishments include strategic expansion of its executive team, achievement of full SEC reporting status, uplisting to the OTCQB Exchange, initiating a DRTV media campaign with Kevin Harrington’s award-winning production company As Seen On TV, achieving a first commercial production run of its Hygee medical device kits, initiating a company partnership with Bionatus, and engaging Canadian Securities Exchange (CSE) counsel expertise to assist with dual listing. “In 2018, we made sufficient…

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