CannabisNewsBreaks

FridayMay 17, 2019 11:30 am

CBDNewsBreaks – Cannabis Business Summit & Expo 2019 Anticipates Strong Showing of Industry’s Best and Brightest

The Cannabis Business Summit & Expo 2019, hosted by the National Cannabis Industry Association, is set to take place at the San Jose McEnery Convention Center in San Jose, California from July 22 to 24, 2019. For the sixth straight year, the nation’s most influential, award-winning cannabis conference and trade show anticipates a strong showing of upwards of 10,000 attendees, bringing together the industry’s best and brightest minds to provide insight and showcase the latest developments shaping the cannabis space. The can’t miss event is designed for industry innovators as well as those looking for an entry point to network…

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FridayMay 17, 2019 10:57 am

CBDNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Acquisition of Second Nevada Cultivation Facility

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning announced the May 16, 2019 completion of its previously announced acquisition of a Pahrump, Nevada cultivation facility, operated by Wellness Orchards of Nevada LLC (“WON”) and Panorama WON LLC (“Panorama”) for a purchase price of $13,372,162 (CAD$16,749,970). Per the update, the acquisition expands GGB's Nevada cultivation footprint to two facilities and positions the company to supply its retail operations and enhance its current cannabis wholesale operations. To view the full press release, visit http://cnw.fm/7UCar About Green Growth Brands Green Growth Brands creates remarkable experiences in cannabis and CBD,…

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FridayMay 17, 2019 10:03 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Q1 2019 Financial and Operational Results

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced its financial and operational results for the first quarter ended March 31, 2019. Among the highlights, the company reported propagation of an additional four grow rooms and confirmed that construction of the Kelowna 1 purpose-built, indoor cultivation facility is on track for completion in the third quarter of 2019. “Our team in Kelowna is doing a tremendous job balancing our construction schedule, propagating and harvesting from rooms as they come online, and refining our cultivation process as we dial in our facility,” Flowr CEO Vinay Tolia…

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ThursdayMay 16, 2019 2:57 pm

CBDNewsBreaks – VPR Brands LP (VPRB) Realizes 28% YOY Revenue Increase

VPR Brands LP (OTC: VPRB), an innovative technology holding company, recently reported its 2018 full-year financial results, which included impressive year-over-year (“YOY”) revenue growth (http://cnw.fm/im4AD). An article discussing the company reads, “The company’s revenues for the 12 months ended December 31 topped $4.6 million, rising nearly 28 percent on the strength of new product sales during the year. As VPR Brands increased its full-year revenues, it reversed its operating loss into positive territory, crossing the $9,000 threshold. Gross operating margins for the year increased by almost 20% to a margin of 41 percent. . . . As product sales increased, the…

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ThursdayMay 16, 2019 2:49 pm

CBDNewsBreaks – Earth Science Tech Inc. (ETST) Ideally Positioned to Exploit Rising Cannabinoid Product Demand

Earth Science Tech (OTCQB: ETST) aims to exploit the surging demand for cannabinoid products by offering first-class cannabinoids. An article discussing the company reads, “The company’s cannabinoids are of the highest purity and quality on the market. ETST’s CBD oil is 100% natural and organic, and it’s offered in various forms of personal care goods, homeopathies, vitamins, minerals, herbs, botanicals, functional foods and more. Products are available to customers in both retail stores and via the internet for ease of purchase across all 50 states. Earth Science Tech continues to expand its product line and is in the process of…

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ThursdayMay 16, 2019 1:57 pm

CBDNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary Exhibits Hemp-Infused Skin Care Line at Vietnam Expo

CBD Biotechnology Co. Ltd., a wholly owned foreign enterprise of ChineseInvestors.com (OTCQB: CIIX), recently exhibited its self-branded, hemp-infused skin care line at the 29th Vietnam Expo in Hanoi. An article discussing the event reads, “Participating in the event enabled CBD Biotech to explore industrial hemp sales throughout Asia, raise its profile among potential partners and become an influencer in the market. CBD Biotech has been a pioneer in the Chinese market for hemp-infused skin care products and an originator of hemp plant extraction. The company also exhibited its hemp wine at the expo. . . . ‘The Vietnam Expo continues to…

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ThursdayMay 16, 2019 12:53 pm

CBDNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Named in Top 8 CBD Products to Try Even for Skeptics

Vancouver-based Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), a company developing and designing brands with an emphasis on plant-based health and wellness products, was recently featured in an article authored by Anna Duckworth on Well and Good titled ‘8 CBD Products You Need to Try — Even if You’re A Skeptic’. According to the article, Wildflower’s CBD+ one vaporizer is discreet and delivers a refreshing and smooth experience. Designed with consumers in mind to provide ideal dosage throughout the day, the vaporizers are available in lavender, peppermint, and full-spectrum CBD. To view the full article, visit http://cnw.fm/Ui1Q3 About Wildflower Brands Wildflower…

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ThursdayMay 16, 2019 11:30 am

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Agreement to Acquire Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a definitive arrangement agreement with Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B). Under the agreement, Supreme Cannabis will acquire all of the issued and outstanding common shares of Blissco, not already owned by Supreme Cannabis, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The arrangement is an all-stock transaction with a total value of approximately C$48 million. “Blissco has built a distinct and authentic premium wellness brand. Through our strategic partnership and prior investment in the…

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ThursdayMay 16, 2019 10:16 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire SolDaze Cannabis Snack Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a non-binding Letter of Intent (“LOI”), dated May 15, 2019, with Tres Ojos Naturals, LLC d/b/a SolDaze, a limited liability company from Santa Cruz, California that produces cannabis-infused fruit snacks. Under the agreement, TransCanna will acquire the branding asset package, SolDaze. “Having reviewed over 100 branded products in California, we’ve been extremely selective in our acquisition vetting process,” TransCanna CEO Jim Pakulis said in the news release. “Our three mandatory acquisition criteria include SKU velocity, upward trending revenues, and products that differentiate themselves in the marketplace.  The snack…

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WednesdayMay 15, 2019 11:37 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Makes Strategic and First AgTech Investment in BioLumic

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced a strategic investment in BioLumic Ltd., creators of a sustainable ultraviolet (“UV”) crop yield enhancement system. Canopy Rivers' investment of $1.5 million marked its first investment in agri-technologies, specifically focused on the promising fields of plant physiology and UV photobiology. “Canopy Rivers' mission is to build and support a thriving global cannabis economy, and we are dedicated to identifying and investing in strategic technology players throughout the legal cannabis value chain,” Canopy Rivers Director, Business Development Mary Dimou said in the news release. “Led by an exceptional management team, BioLumic's groundbreaking, proprietary…

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