CannabisNewsBreaks

WednesdayMay 29, 2019 2:08 pm

CBDNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Anticipates Close of LOI for Purchase Leaseback Transaction

Toronto, Ontario-based City View Green Holdings (CSE: CVGR) is aiming to close on its letter of intent (“LOI”) for a purchase leaseback transaction of its Brantford, Ontario, facility and property. Terms of the deal call for the new landlord to finance required build-out and capital improvements that are required for CVGR to attain Health Canada licenses (http://cnw.fm/peT19). An article further discussing the company reads, “The agreement notes that CVGR would exercise its option to purchase the Brantford property then transfer that option to a financier. CVGR would then enter a five-year lease with a five-year renewable term. The company would have…

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WednesdayMay 29, 2019 10:33 am

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Inks LOI to Establish Licensing Agreement for Award Winning Line of Energy Drinks

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, this morning announced the signing of a Letter of Intent (“LOI”) to establish a licensing agreement in order to acquire full and exclusive rights to market and distribute a two-time award-winning proprietary line of energy drinks under the DNA Energy Drink brand. DVLP plans to market both CBD-infused and non-CBD energy drinks. “As we put together final documentation, we are preserving our option to acquire the brand and associated recipes at a later date,” Golden Developing Solutions CEO Stavros Triant stated in the news…

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WednesdayMay 29, 2019 9:49 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Bringing Back Rainbow Sorbet Flavored Gummies for Pride Month 2019

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading California edibles manufacturer, this morning announced the limited return of its popular Rainbow Sorbet gummies this June in support of the LGBTQ community during Pride month. Through a new partnership with the San Francisco LGBT Center, PLUS is donating $1 to the LGBTQ community for every tin sold of the best-selling seasonal flavor. “Compassion is a powerful force behind the national cannabis movement,” Plus Products Co-founder and Director of Sales Lucie Herold stated in the news release. “What I appreciate about the SF LGBT Center is that it offers services, education, resources…

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TuesdayMay 28, 2019 12:49 pm

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Products Featured in Miss Grass’ LA Guide

Vancouver-based Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), which focuses on health and wellness plant-based products, was recently featured in an article on Miss Grass. Madison Margolin, the author of the article, ‘HIGH CITY GUIDE: Los Angeles,’ mentions one of LA’s monthly pop-up events, Zen & Kush, and recommends Wildflower's CBD vaporizer to enjoy at the booze-free event. The vaporizer’s blend of lavender and peppermint leaves customers with an icy cool relief from aches and pains. It is available for purchase on the Miss Grass website for $60.00 (http://cnw.fm/2Atsf). To view the full article, visit http://cnw.fm/CL0hq About Wildflower Brands Wildflower Brands is…

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TuesdayMay 28, 2019 11:44 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Announces Nevada Market Expansion

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) today announced its expansion into the Nevada market, and first expansion outside of California. Per the update, PLUS has entered into a definitive agreement to partner with TapRoot Holdings Inc., a vertically integrated cannabis company operating Las Vegas, Nevada-based cultivation and manufacturing facilities. “As we look to expand beyond California, we remain committed to producing a consistent product in all jurisdictions,” PLUS Co-Founder and CEO Jake Heimark said in the news release. “We want the PLUS customer to have the same experience with our products whether they buy it in…

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TuesdayMay 28, 2019 10:59 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Announces Health Canada Fully-Licensed Status of Portfolio Company; Hosting Analyst and Investor Day

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company and subsidiary of Canopy Growth Corporation (TSX: WEED) (NYSE: CGC), Les Serres Vert Cannabis Inc. ("Vert Mirabel"), has received its final cultivation license from Health Canada. According to the update, all Vert Mirabel operating space of 700,000 square feet is now licensed for cannabis production. “We are thrilled that the operational infrastructure at Vert Mirabel is now fully online with over 500,000 sq. ft. already in production,” Canopy Rivers COO Olivier Dufourmantelle said in the news release. “Vert Mirabel is a key asset for Canopy Rivers as it…

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TuesdayMay 28, 2019 10:27 am

CBDNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH(TM) Combined with Nanotech Delivers 1,137 Percent More CBD into Animal Brain Tissue

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that combining Lexaria's DehydraTECH(TM) delivery technology with generic nanotech techniques has been proven to deliver 1,137% more cannabidiol ("CBD") into animal brain tissue following oral ingestion than certain existing industry formulations. According to the update, the results were confirmed in recent testing based on Lexaria’s series of animal studies it announced that it was beginning on March 20, 2019. Results from the studies with multiple objectives, including developing a better understanding of how effectively edible forms of cannabinoids cross the blood-brain-barrier to enter brain…

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TuesdayMay 28, 2019 9:40 am

CBDNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) Announces May 29 Effective Date for Name Change and BC Continuation

Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced May 29, 2019 as the effective date for the company’s name change to “Nabis Holdings Inc.” and continuance into the province of British Columbia. The company’s common shares are expected to begin trading on the Canadian Securities Exchange under “Nabis Holdings Inc.” and current CSE ticker symbol “NAB” on or about June 3, 2019. The new CUSIP will be 629523101 and the new ISIN number will be CA6295231014.…

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TuesdayMay 28, 2019 9:28 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Acquisition Target SolDaze Begins Taking Pre-Orders for Spicy Mango Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that SolDaze, a company TransCanna recently entered into a non-binding Letter of Intent (“LOI”) with to acquire its business and assets, has started receiving pre-orders for its new Spicy Mango line of cannabis-infused mango snacks. SolDaze anticipates shipping of the line to begin during the second week of July. “The pre-book orders for our spicy mango are tracking ahead of the pre-booked orders when we launched our original cannabis-infused mango line,” SolDaze president Shawn Shevlin stated in the news release. “We did significant flavor profile testing to come up with a…

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FridayMay 24, 2019 3:54 pm

CBDNewsBreaks – Hemptown USA Raises $17.2 Million to Fund Expansion Plans

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, announced that it raised $17.2 million (CAD$23.3 million) to fund its planned expansion (http://cnw.fm/LQ4y1). A recent article further discussing the company reads, “A big part of Hemptown USA’s strategy includes the farming of novel cannabinoid strains in addition to cannabidiol (“CBD”). Recently, the company acquired and is now in the process of planting $5.5 million of Oregon CBD seeds, including one million rare cannabigerol (“CBG”) seeds. The CBG seed genetics acquired by Hemptown USA are estimated to yield 10–12% CBG biomass. This move positions Hemptown USA to become…

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