CannabisNewsBreaks

MondayMay 13, 2019 11:46 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters German CBD Market through Mediakos Distribution Agreement

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its wholly owned subsidiary, HemPoland, has entered into an agreement with Mediakos UG haftungsbeschraenkt. Under the agreement, HemPoland will be the exclusive distributor of Mediakos’ premium hemp CBD brand, CannabiGold, for the German pharmacy market. "With a population of over 82 million, Germany plays a pivotal role in TGOD's international expansion strategy," Brian Athaide, CEO of TGOD, stated in the release. "We are thrilled to be working with Mediakos' experienced team as we continue to solidify CannabiGold's position as a leading…

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MondayMay 13, 2019 11:32 am

CBDNewsBreaks – The Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Receives Health Canada Approval for Additional Production Capacity

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that its wholly owned subsidiary, 7ACRES, has obtained Health Canada approval for 50,000 square feet  of additional production space at its Kincardine, Ontario, facility. According to the update, five additional rooms will increase 7ACRES’ total flowering space from 180,000 sq. ft to 230,000 sq. ft, increasing estimated annual production capacity from approximately 26,250 kg to 33,580 kg. "With five more flowering rooms at 7ACRES now approved by Health Canada, the finish line is in sight," Supreme Cannabis President and Founder John Fowler said in the news…

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MondayMay 13, 2019 10:37 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Featured on BTV Video Broadcast on BNN

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced that the company was featured on BTV video, which was broadcast this past weekend on BNN. “TransCanna continually looks for ways to communicate our initiatives with current and future shareholders. BTV represented a great opportunity for us to share our vision and build this support on a go forward basis,” TransCanna CEO Jim Pakulis said in the news release. “We will continue to use this platform as we move and be able to share our progress in Modesto.” To view the featured broadcast, visit http://cnw.fm/En5O0 To view the full press…

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MondayMay 13, 2019 10:19 am

CBDNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Enters Definitive Agreement to Purchase Certain Assets from PDT Technologies

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 that, through a wholly owned subsidiary, it has entered a definitive agreement to purchase certain assets from PDT Technologies LLC (“PDT”). According to the update, the assets include extraction and production equipment, rights to lease PDT’s current production facility in Port Townsend, Washington, and exclusive licensing rights throughout Washington state to Chong’s Choice brand products, one of the leading and most recognizable brands in the cannabis space. “Our agreement…

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MondayMay 13, 2019 8:57 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Announces Launch of Dr. Klein CBD Nutraceutical Line

Medical cannabis-focused merchant bank Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced the launch of Dr. Klein CBD, a new line of pharma-grade infused CBD nutraceuticals that includes skin topicals and bath products. Per the update, the initial rollout of Dr. Klein CBD will focus on the U.S. chiropractic community and online consumer marketing before rolling out globally in the fall. Redfund also welcomed Dr. Robert Klein as a U.S.-based advisor to the company. “We are pleased to support Dr. Klein and the launch of the Dr. Klein CBD brand of pharma-grade CBD topicals and infused…

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FridayMay 10, 2019 3:17 pm

CBDNewsBreaks – Hemptown USA Anticipates Momentous Growing Capacity Expansion

Hemptown USA, a proven grower of full-spectrum hemp biomass, plans to substantially increase its growing capacity from 110 acres in 2018 to anywhere from 1,000 to 1,500 acres in 2019. Hemptown founder and chairman Rod Wolterman discussed the expansion in a recent CFN interview (http://cnw.fm/1dMr8). An article further discussing the company reads, “This announcement is in line with the Hemptown USA growth strategy. By 2020, the company expects to boost its hemp farming footprint to 2,500 acres located in several states. In addition, more emphasis will be placed on increasing the in-house CBD and CBG extraction capabilities. Through strategic partnerships, the company…

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FridayMay 10, 2019 2:37 pm

CBDNewsBreaks – Sugarmade Inc. (SGMD) Plans Expansion to Meet Rising Need Amid Kentucky Hemp Boom

A major supplier to the growing hydroponic cultivation sector, Sugarmade (OTCQB: SGMD) is planning a significant expansion of its hemp-cultivation product supplies to assist hemp farmers in Kentucky who are struggling to meet the rising demand for their crop. A recent article discussing the legislation reads, “Jimmy Chan, CEO of SGMD, noted in a news release his belief that hundreds of millions of hemp clones will be needed in that state to keep pace (http://cnw.fm/EU8j1). . . . According to Chan, the hemp industry will require plant clones for cultivation to meet future demand. He cited farmers in Kentucky facing the challenge…

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FridayMay 10, 2019 1:48 pm

CBDNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Anticipates Massive Yield Increase for Third Harvest

Consumer healthcare company Geyser Brands (TSX.V: GYSR) recently announced its successful first test harvest and second harvest as a cannabis cultivator in accordance with Health Canada’s license to cultivate. The company anticipates a 200% yield increase over the first two harvests for its third harvest, which is currently in the ground. A recent article discussing the company reads, “Geyser Brands is a British Columbia-based company producing consumer health care products and brands through a formulation laboratory focused on enhancing the bioavailability and shelf stability of all-natural, hemp-derived cannabidiol (CBD) products. The company’s proprietary NanoFusion technology is at the heart of…

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FridayMay 10, 2019 12:47 pm

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Anticipates Upsurge in Production Capacity

Canadian-licensed producer the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) expects construction at its cultivation facility to be complete by the third quarter of 2019, rising its annual production capacity to 10,000 kilograms. An article discussing the company reads, “The Flowr cultivation facilities feature proprietary, patent-pending systems designed to consistently generate high crop yields. The 84,000-square-foot flagship Kelowna 1 facility is located on a seven-acre property in Kelowna, British Columbia. The facility is engineered to meet pharmaceutical industry production standards for cleanliness. . . . Currently, 10 of the Kelowna 1 grow rooms are licensed for use. Eight rooms are propagated…

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FridayMay 10, 2019 12:29 pm

CBDNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employs Proprietary Technology to Launch Cannabis Beverage JV

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) recently entered a joint venture (“JV”) with Moosehead Breweries to launch a cannabis-infused beverage line in Canada. An article discussing the partnership reads, “The joint venture’s product line will utilize Sproutly’s proprietary Infuz2O water-soluble cannabis formulation to create a truly natural cannabis beverage experience that serves as an alternative to alcoholic products. The Infuz2O technology is expected to grant the beverages a rapid onset and offset time similar to traditional flower cannabis, for an immediate, controllable and good-tasting recreational cannabis experience lasting up to 90 minutes. Traditional cannabis oils, on the other…

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