CBDNewsBreaks Archive - Page 94 of 278

WednesdayMay 08, 2019 10:54 am

CBDNewsBreaks – SinglePoint Inc. (SING) Unveils National Distribution Program for Promising CBD Product Companies

Technology and investment company SinglePoint (OTCQB: SING) this morning introduced the new “Strategics” program, a strategic national distribution program that will offer qualified fast-growing CBD product companies a route to attain national retail distribution for their products. The Strategics program is offered in partnership with a national distribution company that has nearly $2 billion in annual sales to mass-market stores as well as various regional and national convenience stores. SinglePoint aims to identify and recruit burgeoning companies that manufacture or distribute CBD retail products that wish to have their products distributed nationally. Strategics program partner companies will have additional benefits…

WednesdayMay 08, 2019 9:59 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Outlines Plans to List Subsidiary on Vienna Stock Exchange

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) this morning announced that its wholly owned subsidiary, hempSMART Ltd., is taking steps to list on the Vienna Stock Exchange with the goal of raising sufficient capital to expedite the rollout of its hempSMART product line in Europe. In line with this offering, MCOA intends to sell a minority interest in hempSMART Ltd. for up to $10 million. Per the update, the company expects that all necessary steps to trade on the Vienna exchange will be completed by the third quarter of 2019. “We are very excited to…

WednesdayMay 08, 2019 9:31 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Posts Video Tour of Vertically Integrated Cannabis Facility

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning issued an eight-minute video to provide shareholders and investors with a visual tour of its 196,000-square-foot vertically integrated cannabis-focused facility. The company’s chief executive officer, Jim Pakulis, discusses the highlights of the facility in the video presentation. In addition, the company reported that it will be providing an update on its senior management search in the near future. “The TransCanna property is significant and takes in excess of 90 minutes for the complete tour. Our goal was to provide a glimpse of the size and scope of the facility through this video,…

TuesdayMay 07, 2019 11:41 am

CBDNewsBreaks – VPR Brands LP (VPRB) Releases Full-Year 2018 Financial Results

Innovative technology holding company VPR Brands LP (OTC: VPRB) this morning announced its 2018 full-year financial results. According to the update, the company increased its full-year revenues to approximately $4.6 million while reversing its operating loss of over $888,000 into positive territory above $9,000. In addition, the company’s full-year 2018 gross operating margins of 41 percent reflected a nearly 20 percent increase from 2017. “We have all tirelessly worked to build a strong foundation and prove we are capable of maintaining consistent and sustainable growth and still be mindful of financial performance,” VPR Brands CEO Kevin Frija stated in the…

TuesdayMay 07, 2019 10:52 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues 2019 Shareholder Letter on Recent Developments, New Business Opportunities

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced that it mailed a letter to its shareholders on May 1, 2019 to update them on recent developments and new business opportunities. Per the update, the letter provided information regarding the company’s two current, pending acquisitions, a review of its recent financial and operating performance, and details of its new Viva Buds(TM) brand that will serve as a manufacturing, distribution and retail delivery service for cannabis products in the state of California. “Our shareholder letter addresses our hemp research and growth business expansion, and the two…

TuesdayMay 07, 2019 10:31 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Release Q1 2019 Earnings, Host Conference Call

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced its plans to release the company’s first quarter 2019 earnings after market close on May 14, 2019. According to the update, the company will host a conference call at 9:00 AM ET on May 15, 2019, conducted by CEO Brian Athaide and CFO Sean Bovingdon, to discuss the first quarter 2019 results and future outlook. Participants may join the call by dialing 416-764–8688 (local – Toronto) or 1-888-390–0546 (toll free – North America) and entering conference ID: 42408893, or may listen to the…

TuesdayMay 07, 2019 9:41 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters CBD-Beverage Formulation License Agreement Subsidiary

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced its entry into a definitive 5-year agreement, via its subsidiary Lexaria Hemp Corp. Under the agreement, Lexaria will provide its patented DehydraTECH(TM) technology to a private Nevada-based company for utilization in certain CBD-based beverages that will be produced and sold across the U.S. Lexaria continues to experience strong demand for use of its technology for beverage applications in North American markets. Lexaria’s many existing US-granted patents protect DehydraTECH-enabled products, which may include any combination of ready-to-drink beverages such as non-alcoholic beers, wines and spirits,…

TuesdayMay 07, 2019 9:28 am

CBDNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Present at the Canaccord Genuity 3rd Annual Cannabis Conference

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 the company will be participating in the Canaccord Genuity 3rd Annual Cannabis Conference taking place at the Grand Hyatt New York in New York, NY. Nabis CEO and Director Shay Shnet and President Mark Krytiuk will present at the conference on Tuesday, May 14, 2019 at 2:40 PM ET. To schedule a one-on-one meeting with Nabis management, send an email to Nadine Miller at [email protected]. To view…

MondayMay 06, 2019 1:05 pm

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Sees Recent Cannamerx Investment as Key Growth Alliance

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently announced that it has entered into a partnership with the Cannabis Mercantile Exchange (“Cannamerx”) as Cannamerx rolls out the first international global hemp and cannabidiol (CBD) auction platform. An article discussing the company reads, “Cannamerx is drawing hemp clients in Canada, the United States and Europe, and is in the process of seeking CBD labs in the United States that it can work with for trade in that country. . . . ‘The hemp revolution has begun in North America,’ Redfund CEO Meris Kott stated in a news release. ‘We are…

MondayMay 06, 2019 12:28 pm

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints Haywood Securities as Lead Agent on $10M Brokered Private Placement

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that it has appointed Haywood Securities Inc. to act as lead agent on behalf of a syndicate of agents to sell, by way of a best efforts private placement, up to two million company units, each at a price of $5.00, for gross proceeds of up to $10 million. According to the update, each unit will comprise one common share of the company (each a "share") and one half of one common share purchase warrant (with each whole warrant constituting a "warrant"). Warrant holders will be entitled to acquire an additional…

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