CannabisNewsBreaks

ThursdayJan 14, 2021 11:06 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands Highly Dutch Brand, Adds Amsterdam Sativa

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has added to its mainstream brand. The company unveiled three different formats —  3.5g, 15g, and 28g — of Amsterdam Sativa, available in its mainstream Highly Dutch product line. The new offerings feature organically grown, high-THC Sativa flower and is a direct response to increasing consumer demand for organic cannabis products. The new products will be available in Alberta, Saskatchewan, Manitoba, Ontario, Quebec and Newfoundland. Offering THC levels of up to 20%, Highly Dutch’s Amsterdam Sativa is organically grown and features sweet floral flavors with punchy…

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TuesdayJan 12, 2021 1:48 pm

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Leverages Key Experience, Prepares Entry into Psychedelic Mushroom Market

Pure Extracts (CSE: PULL), a plant-based extraction company, is focused on cannabis, hemp, and functional mushroom sectors, the last of which is projected to rise to a value of $34.4 billion by the end of 2024. Seeking to capitalize on the growing interest within the sector, Pure Extracts has expanded its business model to include mushroom formulations using extraction processes proven compatible with the company’s existing infrastructure. Working alongside its scientific advisor—Dr. Alexander MacGregor, founder of the Toronto Institute of Pharmaceutical Technology—Pure Extracts intends to develop high bio-available products and novel delivery methodologies, which will include tinctures, pills, capsules and…

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TuesdayJan 12, 2021 11:01 am

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Becomes One of First Publicly Traded Companies to Receive USDA Organic Certification for CBD Tinctures

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has received USDA Organic Certification for its HempFusion CBD tinctures; the exclusive line of tinctures offers products with potency from 150mg (5mg per serving) to 1,500mg (50mg per serving) of CBD per bottle. HempFusion is one of the first publicly traded CBD companies to receive the certification; the distinction is significant because organic products generally represent some of the highest quality products available. The process to certify its tinctures as USDA Organic started in 2018, and involve providing detailed documentation for every…

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ThursdayJan 07, 2021 11:38 am

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ) Announces Listing on OTC Markets, Now Trading Under PRXTF Symbol

Pure Extracts Technologies (CSE: PULL) (OTC: PRXTF) (XFRA: A2QJAJ), a plant-based extraction company specializing in cannabis, hemp and mushroom products, recently received approval from OTC Markets and is  now trading under the ticker symbol PRXTF (“PRXTF”). OTC Markets is recognized for offering Canadian companies the benefits of being publicly traded in the United States but with lower cost and complexity than a U.S. exchange listing. To be eligible to list on the OTC Exchange, Canadian companies must undergo an annual verification and management certification process and be up-to-date with their SEDAR reporting. Moving forward, Pure Extracts will continue to trade on…

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WednesdayJan 06, 2021 2:25 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) Announces DTC Eligibility

Pac Roots (CSE: PACR) (OTCQB: PACRF) (“PacRoots”), dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today announced that it has obtained eligibility with the Depository Trust Company “DTC” for its common shares listed on the OTCQB. The DTC is a stock depository that facilitates and simplifies electronic trading of securities in the United States. According to the update, Pac Roots common shares, listed on the OTCQB under the symbol PACRF, are now eligible for electronic clearing and settlement through DTC’s automated processes. The electronic method of clearing securities speeds up the receipt of stock and cash…

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WednesdayJan 06, 2021 11:18 am

CBDNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Completes IPO, Starts Trading on Toronto Stock Exchange

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has completed its initial public offering (“IPO”), In addition, the company announced that, as of Jan. 6, 2021, it has begun trading on the Toronto Stock Exchange under three different symbols: CBD.U for common shares, CBD.WT.V for the warrants and CBD.WT.U for the 2019 warrants. The IPO comprised 7 million common shares, offered at $1 per share, for gross proceeds of $7 million, and 10 million units of the company for gross proceeds of $10 million. “We are incredibly excited to have…

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MondayJan 04, 2021 3:56 pm

CBDNewsBreaks – HempFusion Wellness Inc. Eyes IPO Completion, Scaling of Domestic, International Operations and Accelerated Growth

HempFusion Wellness, a leader in the health and wellness cannabidiol (“CBD”) industry, recently announced filing of its final prospectus with the securities regulatory authorities in each of Canada’s provinces, with exception to Québec. According to the update, the final prospectus was filed in connection with HempFusion’s previously-announced initial public offering of up to 7,000,000 of its common shares and up to 10,000,000 units of the company at a price of US$1.00 per offered share and per unit for gross proceeds of up to US$17,000,000. Subject to customary conditions, the offering is expected to close on or around Jan. 6, 2021.…

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ThursdayDec 31, 2020 2:37 pm

CBDNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Is Set for Market Expansion Through Key Partnerships

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, is set to expand into hospitality and foodservice sectors. As part of this effort, the company has entered into agreements with two strategic partners: Dot Foods Inc., the largest food redistribution company in the U.S., and the Independent Broker Alliance (“IBA”), a renowned professional alliance of 30 independent foodservice sales agencies. With these two agreements in place, WTER targets the entire hospitality and foodservice ecosystem, a very large addressable market. “Adding the largest foodservice redistributor, Dot Foods, to our…

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MondayDec 28, 2020 2:55 pm

CBDNewsBreaks – HempFusion Wellness Inc. Looks to Bright Horizon in the Marketplace

HempFusion Wellness, a leader in the health and wellness cannabidiol (“CBD”) industry, is optimistic about the future of the marketplace despite a 2020 pandemic-driven downturn for hemp and cannabidiol (“CBD”) industries. While products have seen a decrease in sales and farmers have reduced their hemp acreage, there are bright spots on the horizon with both widening legalization and increased awareness as to the benefits of CBD products. HempFusion Wellness is positioned for opportunity as the vitality of the marketplace is renewed, a concept mirrored in its products’ aim to help restore energy and wellness balances to its consumers. A recent…

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WednesdayDec 23, 2020 2:11 pm

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Looks to Play ‘Pivotal Role’ in Supply Chain

Pure Extracts (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and functional mushroom sectors, recently began trading on the Canadian Securities Exchange (“CSE”) under the symbol “PULL.” Pure Extracts leverages proprietary CO2 extraction methodology to obtain full-spectrum oil (“FSO”) from cannabis and hemp biomass. “We are pleased to have listed on the Canadian Securities Exchange as a significant first step towards Pure Extracts’ continual expansion within the emerging extraction space,” said Pure Extracts’ CEO Ben Nikolaevsky in a recent update. “There currently is a tremendous opportunity for growth in consumer natural health products, for which we plan on…

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