CannabisNewsBreaks

ThursdayDec 03, 2020 12:45 pm

CBDNewsBreaks – Sugarmade Inc. (SGMD) Set to Drive ‘Strong Margins Up and Down the Chain’

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently secured rights to a property zoned for cannabis cultivation. The company is well on its way to benefit from this move, already in the process of obtaining cannabis cultivation licensing, preparing archaeological and biological surveys, and assembling documentation related to the architectural and engineering plans for construction of greenhouses and a processing building. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” said Sugarmade CEO Jimmy Chan in a recent update. “We also have relationships in place, especially through…

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ThursdayDec 03, 2020 11:38 am

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Acquires SRM Entertainment in Move Designed to Expand Distribution Platform

Jupiter Wellness (NASDAQ: JUPW), a cutting-edge wellness brand dedicated to exploring the multiple therapeutic and medical uses of cannabidiol (“CBD”) via a multitude of convenient products, announced it will be acquiring SRM Entertainment LTD from Vinco Ventures, Inc. (NASDAQ: BBIG). Jupiter will acquire the award-winning innovation company by issuing 200,000 shares of its restricted common stock for 100% of SRM. With offices in the United States and Hong Kong, SRM has more than three decades of experience in designing, manufacturing and selling creative products and services globally. SRM is recognized as a successful OEM preferred vendor that provides products to…

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WednesdayDec 02, 2020 1:01 pm

CBDNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands Partnership with KeHE to Offer A88CBD(TM) Products

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced an expanded partnership with KeHE, which now includes the A88CBD(TM) topical products, A88 Infused(TM) flavors and the entire Alkaline88(R) line, including eco-friendly aluminum bottles. “KeHE has been an exceptional partner in our journey to become a national lifestyle brand,” said Ricky Wright, president and CEO of The Alkaline Water Company. “We are excited to announce that our premium quality, lab-tested A88CBD topical products will now be available to all KeHE accounts nationwide. Today, our flagship brand, Alkaline88,…

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WednesdayNov 25, 2020 11:44 am

CBDNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) Announces Executive Leadership Changes

Champignon Brands (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) has announced that its executive leadership team will be changing; these changes follow last month’s naming of a new CEO and board chair along with a new vice chair. As a result of this week’s changes, the company is actively looking for new key executives, including a chief financial officer, chief general counsel and senior vice president of investor and public communications. The company also plans to announce additional board members coming from key business and science segments. Current board members who are remaining include Dr. Roger McIntyre, chair and CEO; Bill Wilkerson, vice…

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ThursdayNov 19, 2020 3:16 pm

CBDNewsBreaks – Why HempFusion Wellness Inc. Is ‘One to Watch’

HempFusion Wellness is a leader in the health and wellness CBD industry, providing innovative and diversified proprietary formulations that leverage the power of whole-food hemp nutrition. The company is heavily invested in regulatory compliance and aims to consistently meet and even exceed the high standards required by retailers and consumers – putting safety, quality and consistency first. A recent article discussing the company reads, “The diverse product portfolio showcased by HempFusion includes 46 products that are currently on shelves. The company’s leading offerings include HempFusion-owned Biome Labs, HF Labs and Probulin. Due to the time and resources allocated to increasing…

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ThursdayNov 19, 2020 12:25 pm

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Signs Endorsement Agreement with Golf Hall of Famer Ernie Els

Jupiter Wellness (NASDAQ: JUPW), a developer of innovative sun care and skin care brands, has inked a multiyear endorsement agreement with one of golf’s most prolific winners, Ernie Els. The agreement includes the right to utilize Els’s name, endorsement and likeness in connection with the advertisement, sale and promotion of Jupiter Wellness CaniSun, CaniSkin and CaniDermRx brands. Known as the Big Easy, Els has been ranked No. 1 in the world and has more than 70 professional career victories to his name, including four Major championships and two World Golf championships. Inducted into the World Golf Hall of Fame in…

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WednesdayNov 18, 2020 3:02 pm

CBDNewsBreaks – Pure Extracts Technologies Corp. (CSE: PULL) Leverages Distinctive 3-Pillar Strategy to Build Success

Pure Extracts (CSE: PULL), a plant-based extraction company focused on cannabis, hemp and functional mushroom sectors, recognizes the power of a carefully defined, strategic business model. Harvard Business Review touts this importance in an article titled “Why Business Models Matter.” The piece notes that good strategies are defined by answering age-old questions and gaining insight on the customer as well as the fundamentals and underlying economic logic that explains how the business can make money and deliver value in a cost-effective manner. A recent article highlights Pure Extracts’ approach in building a strong business model and “its own distinctive strategy…

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WednesdayNov 18, 2020 2:29 pm

CBDNewsBreaks – Sugarmade Inc. (SGMD) Leveraging ‘Tangible Catalysts’ to Drive Growth

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently outlined “building blocks of a coherent and cohesive strategic vision” in a letter to shareholders from the company’s CEO Jimmy Chan. In the update, Chan discussed “next steps to manifest that vision and drive strong and sustained shareholder value as a key emerging leader in the California cannabis marketplace” (https://cnw.fm/9Fk7o). The letter addressed two themes that Sugarmade is leveraging to drive its value proposition, including geographic expansion of its BudCars delivery service as well as the company’s “move to vertically integrate through the establishment of cultivation operations,” wrote Chan. “Together, they…

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TuesdayNov 17, 2020 1:22 pm

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Initiates Exploratory Clinical Trial for Treatment of Herpes

Jupiter Wellness (NASDAQ: JUPW), a leading developer of cannabidiol (“CBD”)-based medical therapeutics and wellness products, has initiated a clinical study evaluating the treatment of herpes labialis (cold sores) for its prescription topical cream candidate JW-100. The company believes this trial may be the first to analyze the efficacy of a combination CBD-aspartame product in the treatment of herpes labialis. JUPW’s topical cream, JW-100, features a dual mechanism of action and relief combined with CBD's potential ability to induce apoptosis in epithelial cells infected with Kaposi sarcoma-associated herpes virus, with aspartame's analgesic and anti-inflammatory properties. The study will include 40 patients…

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TuesdayNov 10, 2020 2:11 pm

CBDNewsBreaks – The Alkaline Water Company Inc. (CSE: WTER) (NASDAQ: WTER) Expands A88CBD(TM) Ingestible Line with Innovative New Product

The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER), a producer of premium bottled alkaline and flavored-infused drinking waters and CBD-infused products, today announced that its lifestyle brand A88CBD(TM) will introduce new powder packs in four exciting flavors available by the end of November. “We are thrilled to announce another exciting and innovative product for our A88CBD ingestible line,” said WTER president and CEO Ricky Wright. “Recently, we have added multiple category-leading items to our portfolio of products that differentiate us from competitors. Initial feedback has been overwhelmingly positive, resulting in strong online sales. Our latest addition, the A88CBD powder packs,…

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