CannabisNewsBreaks

MondayNov 09, 2020 1:22 pm

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Secures Exclusive Distribution Agreement for Entire Florida Market

Jupiter Wellness (NASDAQ: JUPW), a cutting-edge wellness brand dedicated to providing multiple therapeutic and medical uses of cannabidiol (“CBD”), today announced its entry into an exclusive distribution agreement for Safe Sea(R) products. According to the update, the initial phase of the agreement is through the end of 2021 and covers all of Florida. Safe Sea develops, markets and distributes the world's first sunscreen that provides protection from jellyfish stings and sea lice. “Our mission has always been to develop, market and sell the highest quality skin care and sun care products on the market;” Jupiter Wellness CEO Brian John said…

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WednesdayNov 04, 2020 11:16 am

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Closes Initial Public Offering

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 the closing of its initial public offering. The IPS comprised 933,333 units consisting of one share of common stock and one warrant, with gross proceeds of $7 million before offering expenses are deducted. The units were traded under the symbols of “JUPW” and “JUPWW” on the Nasdaq Capital Market beginning Oct. 30, 2020. Aegis Capital Corporation, which acted as the sole book running manager for the offering, also exercised an option to purchase…

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MondayNov 02, 2020 3:11 pm

CBDNewsBreaks – Jupiter Wellness Inc. (NASDAQ: JUPW) Advancing CBD Research to Bring Innovative Products to Underserved Markets

Jupiter Wellness (NASDAQ: JUPW) is a functional wellness and natural health products company. It leverages a proprietary line of offerings formulated to provide the therapeutic and medical benefits of cannabidiol (“CBD”). Jupiter Wellness is dedicated to advancing research into CBD for treatment and relief of a range of ailments, including ultraviolet exposure, psoriasis, eczema, skin aging and other conditions. Formed in 2018 and headquartered in Jupiter, Florida, Jupiter’s award-winning portfolio contains seven unique CBD brands targeting specific niches of the larger CBD space. Jupiter Wellness retails its full portfolio of brands and products on its ecommerce site at www.CBDCaring.com. For…

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MondayNov 02, 2020 2:13 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Prioritizes Quality Through ‘The Future of Genetics’ Approach

Pac Roots (CSE: PACR), an innovative genetics-based cannabis company located in Canada, places a top priority on producing premium-quality cannabis strains and products. In fact, while competitors may strive to be the largest cannabis grower, Pac Roots, with its slogan proclaiming “the Future of Genetics,” maintains that the quality of the product is paramount. A recent article discussing this reads, “Pac Roots achieves its goal of producing the highest-quality cannabis by relying on superior genetics, following optimized farming systems and growing in carefully selected cultivation sites. The company’s commitment to superior genetics is represented by its strategic licensing agreement with…

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ThursdayOct 29, 2020 3:37 pm

CBDNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Addition of BettermentRS, a Leading CBD Distributor

The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products, has added health and wellness, CBD-focused, direct-store delivery (DSD) distributor BettermentRS to its list of distributors. The move will enhance WTER’s convenience and grocery store CBD-sales growth. Based on recent research, sales of hemp-derived CBD products in the United States totaled $4.2 billion in 2019, which represents a 562% increase over the previous year. During the same period, sales of CBD products at c-stores and gas stores grew by more than 2,275%, topping out $122 million. The research also noted that…

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TuesdayOct 27, 2020 2:16 pm

CBDNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Strategic Pieces in Place to Capitalize on Cultivation’

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, recently entered into an agreement to lease five acres of land in Northern California (https://cnw.fm/adC1Q). SGMD intends to use the property, which is zoned for cannabis cultivation, to establish and operate licensed production with the capacity to produce as much as 3.6 million grams of high-quality cannabis flower per year. “We believe we have all of the strategic pieces in place to capitalize on cultivation, with the market currently chronically undersupplied,” Sugarmade chairman of the board, CEO and CFO Jimmy Chan said in an update. “We also have relationships in place, especially through…

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TuesdayOct 27, 2020 10:37 am

CBDNewsBreaks – Cannabis Global Inc. (CBGL) Announces Research Partnership to Develop Cannabinoid Infusion Techniques

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has formed a key research relationship with Marijuana Company of America Inc. (OTC: MCOA). MCOA joins the Project Varin research and development program, along with already existing partner Natural Plant Extract of California Inc. ("NPE"). The companies are collaborating on the development of new protocols and techniques for food and beverage cannabinoid infusion. Recently the program has created highly loaded cannabinoid nano units made from all-natural ingredients. These nano units will allow product formulators to create foods and beverages with clean labels and without bitter…

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TuesdayOct 20, 2020 1:38 pm

CBDNewsBreaks – Pure Extract Technologies Inc. Looks to Production of Highest-Quality FSO

Pure Extract, a private, plant-based extraction company, was recently awarded a Standard Processing License by Health Canada under the Cannabis Act. Following this significant milestone, Pure Extracts will now proceed with application to Health Canada for a Natural Health Products Site License at its purpose-built extraction facility while adhering to EU Good Manufacturing Practices (“GMP”). This will help to enable the company to extract its full spectrum oil (“FSO”) to the highest-possible quality. “We are thrilled to be commencing production in our new, EU-GMP compliant, purpose-built facility,” stated Pure Extracts founder and COO Doug Benville in a recent article discussing…

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MondayOct 19, 2020 2:18 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Expanding Portfolio Across Key Locations

Pac Roots (CSE: PACR), an innovative genetics-based cannabis company located in Canada, is dedicated to building a portfolio of valuable long-term income-producing and development assets. In addition to its latest acquisition of 250 acres of land in the premium Fraser Valley, the company is also expanding its portfolio across British Columbia. This includes PACR’s acquisition of a 60% interest in a 100-acre joint venture hemp project in Rock Creek and the company’s continued development stages to create an indoor facility in Lake Country. “Between the Fraser Valley and Rock Creek, B.C., which both rank at the top of the charts…

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WednesdayOct 14, 2020 3:31 pm

CBDNewsBreaks – Pure Extract Technologies Inc. Eyes Opportunity as Psilocybin Shows Promise for Treating Depression

Pure Extract Technologies, a private, plant-based extraction company, is positioned for opportunity as interest grows in the psychedelic and functional mushrooms sector. Recent groundbreaking research indicates that psilocybin-assisted psychotherapy may be effective in treating depression, a debilitating disorder that plagues an estimated 300 million people across the United States. According to a recent National Centre for Mental Health (“NCMH”) article, “a small number of studies have been conducted trialing psilocybin on patients with treatment-resistant depression.” Test results showed a significant decrease in depression scores after only one week to three months, with the majority of participants experiencing reduced depression severity…

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