CannabisNewsBreaks

WednesdaySep 23, 2020 11:01 am

CBDNewsBreaks – Sugarmade Inc. (SGMD) Signs LOI, Plans to Operate California Cannabis Cultivation Facility

Sugarmade Inc. (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company announced it has signed a nonbinding letter of intent (“LOI”) to negotiate a definitive lease agreement granting access to an estimated 40 acres of property located in North California. The LOI is with LMK Capital LLC. SGMD announced that it plans to allocate five acres of the parcel for the operation of a licensed, regulated cannabis cultivation company. Sugarmade has other cannabis interests. The company currently owns a 40% stake in BudCars, a cannabis delivery company operating in the San Francisco area; the company also has an option to increase that…

Continue Reading

MondaySep 21, 2020 3:49 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Looks to Profitable Fall Harvest

Pac Roots (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products, focuses on its first-mover approach to produce premium-quality, industry-leading cannabis strains unavailable in the regulated market. The company’s premium-grade cannabis strains are used in a wide variety of products. Most recently, Pac Roots entered a joint venture with Rock Creek Farms to cultivate a 100-acre premium CBD hemp farm. Based on its reputation for producing unparalleled cannabis, the company currently has 100% of its next hemp harvest under sales contract at fair market value. The company’s crop is expected to come in at up to…

Continue Reading

FridaySep 18, 2020 1:40 pm

CBDNewsBreaks – Pure Extract Technologies Inc. Poised as ‘Psychedelic Events Are Going Mainstream’

Pure Extract Technologies, a private, plant-based extraction company, is well positioned to partner with organizations eyeing development in both functional and psychedelic products. The company’s entry into functional medicinal mushrooms and collaboration in the psychedelic space look to be appropriately timed for a sector experiencing rising popularity and growing investment. An article discussing this highlights excerpts from a recent “Forbes” publication, titled “Psychedelic Events Are Going Mainstream, Where The Much-Maligned Mushroom Industry Focuses On Mental Health” (https://cnw.fm/LzAgR). The piece reads, “Psychedelics have been a mainstay for a millennia and appreciated in the counter-culture for decades. In 2020, whether consuming, investing, or…

Continue Reading

FridaySep 11, 2020 2:31 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Blazing Trail to New Offerings Through Unique Production Approach

Pac Roots (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is positioning to provide offerings not currently available in the regulated market. A recent article discussing this highlights advantages of the company’s partnership with Phenome One, a bio-tech firm boasting a database of over 350 unique live cannabis strains. The piece reads, “As part of the agreement, Pac Roots will gain access to Phenome One’s database of over 350 unique, live cannabis strains, which have been carefully field-tested and artificially selected over 30 years of research. Acquiring the ability to…

Continue Reading

WednesdaySep 09, 2020 2:32 pm

CBDNewsBreaks – Sugarmade Inc. (SGMD) Has ‘Only Scratched the Surface of What Is Possible’ for BudCars

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has continued to set multiple performance records and achieve disruptive growth through its BudCars Cannabis Delivery Service. A recent article discussing this outlines the company’s strategic initiatives and quotes Sugarmade CEO Jimmy Chan, who stated, “We are pursuing three primary avenues to drive growth: organic execution, geographic expansion, and verticalization of our supply chain. In each case, we continue to make progress. However, at this point, we have only scratched the surface of what is possible over the intermediate term for BudCars given that all of the growth we have booked so…

Continue Reading

ThursdaySep 03, 2020 2:54 pm

CBDNewsBreaks – Pure Extract Technologies Inc. Ramping Up for White-Label Production

Pure Extract Technologies, a private, plant-based extraction company, will soon be launching white-label production as part of its core services. Upon Health Canada approval of its standard processing license, the company, an expert in extraction, will offer white-label solutions based on custom formulating high-quality oils sourced from both cannabis and hemp-biomass products. A recent article discussing this reads, “As a leading extraction company, Pure Extracts is able to rapidly develop and commercialize extraction systems for plant-based medicine products. The company has a centralized 10,000-square-foot facility built to EU-GMP standards and designed for proprietary and white-label production; the facility is located…

Continue Reading

WednesdaySep 02, 2020 3:42 pm

CBDNewsBreaks – NxGen Brands Inc. (NXGB) Expands CBD-Based Offerings to Include Health, Wellness and Active-Lifestyle Products

NxGen Brands (OTC: NXGB) today announced its addition of various new CBD-based products to manage various sports and lifestyle pain and injuries. The new offerings, each certified THC-free and made with 100% natural, organic hemp, will be available under the LeafyWell brand and added to the existing CBD-based product line. "We have tested these products internally and feel that these products should be made available to the public. With this stated, we have developed a product line, which we anticipate will be available in stores through distribution chains and online within the next 45-90 days, before the holidays,” said Angel…

Continue Reading

MondayAug 31, 2020 1:34 pm

CBDNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Steady Growth

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has announced and continues to expect robust growth and record metrics for its BudCars Cannabis Delivery Service. BudCars is a retail business that offers same-day delivery of a variety of products including edibles, flower, pre-rolls, vapes, tinctures and concentrate across dozens of premium brands. A recent article discussing this reads, “BudCars has reported constant improvement in almost every major metric — from increasing new customers and increasing orders per customer to strong repeat business — since Sugarmade invested in the company earlier this year. This steady growth provides a high degree of…

Continue Reading

FridayAug 28, 2020 2:39 pm

CBDNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Eyes 2020 Production in the ‘Golden Mile’

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is partnering with Rock Creek Farms in a definitive CBD-hemp joint venture. Under the agreement, the partners will create a new company and facilitate a 100-acre commercial hemp operation located in Rock Creek, British Columbia. A recent article discussing this includes commentary from Pac Roots president and CEO Patrick Elliott, who stated, “The joint venture team has been extremely busy preparing and planting the 100 acres with hemp-CBD cultivars. We are thrilled with the short-term progress, making it…

Continue Reading

WednesdayAug 26, 2020 12:11 pm

CBDNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Products Available Through Largest US Food Redistribution Company

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) has announced that its products will be carried by Dot Foods Inc., the largest food redistribution company in the United States. This entry into the hospitality space includes the company’s Alkaline88(R) and A88 Infused(TM) lines as well as its aluminum bottles. A producer of premium bottled alkaline water, flavor-infused waters, and CBD-infused products, WTER said these products will be available nationwide to Dot Foods’ 4,300 customers around the country by Sept. 21, 2020. “Adding the largest food-service redistributor, Dot Foods, to our growing list of channel partners is another milestone for the company,”…

Continue Reading