CannabisNewsBreaks Archive - CannabisNewsWire

WednesdayAug 21, 2019 9:19 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Posts Letter to Shareholders

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning issued a letter to shareholders discussing the company’s recent activities in line with NABIF’s goal to become a leading cannabis asset manager. “As Nabis continues to expand its footprint in the United States, we believe that now is an ideal time to update shareholders on the recent investments and acquisitions the company has made in establishing a trusted, national brand capable of sustaining long-term growth,” Nabis Holdings CEO & Director Shay Shnet stated…

TuesdayAug 20, 2019 2:30 pm

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Joint Manufacturing Partnership Opens Door to Widespread Distribution

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a biotechnology company and drug-delivery platform innovator, is increasing the reach of its revolutionary DehydraTECH(TM) technology that enables the rapid onset of ingested cannabis. An article discussing the company reads, “DehydraTECH is a drug-delivery technology that gets ingested active pharmaceutical ingredient (API) molecules to the bloodstream faster than other methods. Under a new agreement announced July 24, the company will expand DehydraTECH’s reach by allowing Hill Street Beverage Company Inc. (TSX.V: BEER), a manufacturer of alcohol-free and cannabis-infused beer, wine and adult-format beverages, to produce commercial products in partnership with Lexaria under a new…

TuesdayAug 20, 2019 1:14 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Fast-Tracks Growth into Vaporizer Market through Exclusive Partnership

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) entered into an exclusive partnership with PAX Labs in June (http://cnw.fm/uGG9V). A recent article discussing the company reads, “Pending Canada’s federal legalization of vaporizable products, the company will become a foundational brand partner and supplier for PAX Era in Canada. 7ACRES, a wholly owned subsidiary of SPRWF, will be one of only four licensed producers to create cannabis oil pods for the PAX Era, and Supreme Cannabis anticipates selling the branded Era pods coast-to-coast in Canada. . . . ‘We have been working hard to ensure Canadian consumers will be able…

TuesdayAug 20, 2019 1:03 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Reports Increased Revenues, Narrowed Net Loss During Q1 2019

Innovative technology holding company VPR Brands LP (OTC: VPRB) recently posted financial results for the first quarter 2019, highlighting increased revenues and a reduced net loss as compared to 2018. A recent article discussing the company reads, “In addition to increasing its quarterly revenues approximately 31% year-over-year to $1.3 million, the company slightly lowered its net loss, from approximately $149,000 in 2018 to approximately $138,000 in 2019. The company continues to maintain strong gross operating margins above 40% as well. ‘[This year] is off to a solid start so far, and we are setting the company’s pace, which will allow…

TuesdayAug 20, 2019 9:49 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Appoints Cannabis Industry Veteran as New Independent Director

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced the appointment of cannabis industry veteran Emmanuel Paul to its board of directors, effective August 16, 2019. Per the update, Paul is co-founder and currently serves as CEO of IndusCann Research, a business focused on the research and commercialization of medical cannabis in India. Most recently, he was the founding partner of Spartan Wellness Corporation, a veteran-focused health care service provider that specialized in prescribing medical cannabis and providing education and ongoing care.…

TuesdayAug 20, 2019 9:19 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) to Commence Trading on the Toronto Stock Exchange on August 22

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, this morning announced that it has received final approval to list its common shares on the Toronto Stock Exchange (“TSX”). The company’s common shares will start trading on the TSX when the market opens on Thursday, August 22, 2019, under the symbol ‘OGI’. In order to ensure continuous trading for the company’s shareholders during the uplisting, Organigram’s shares will be delisted from the TSX Venture Exchange (“TSX.V”) at the beginning of trading on the TSX. To view the full press release, visit…

MondayAug 19, 2019 12:06 pm

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Enters Strategic 5-Year Supply Agreement with DJB Industries

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, this morning announced the entry of its wholly owned subsidiary, Khrysos Industries, Inc., into a 5-year supply contract with DJB Industries Inc. to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate, and water-soluble distillate hemp derived products. According to the update, extraction, post processing fulfillment and revenues are anticipated to begin in the first quarter of 2020 with forecasted revenues in excess of $ 170 million through 2025. "Khrysos Industries has recently secured and announced $30 million dollars of post…

MondayAug 19, 2019 12:02 pm

CannabisNewsBreaks – Kanvas Launches Disruptive Storage and Hardware Assortment Featuring Proprietary Temperature-Controlled Dosing Tech

Kanvas, creator of innovative solutions designed to elevate the user experience for legal cannabis consumers, today announced the official release of its disruptive storage and hardware assortment featuring proprietary temperature-controlled dosing technology. Founded and led by Orange County entrepreneur Andy Fathollahi, the company leverages an engineering-led design process to deliver solution-based products that address both enterprise and consumer-level friction points, such as operational inefficiencies, expired product, poor user experience and burnt oil. Kanvas is committed to advanced design and consumer safety, and it tackles these issues with many unique product solutions supported by a portfolio of a dozen pending patents.…

MondayAug 19, 2019 9:46 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Receives $1,400,000 Working Capital from Closing of Second Auctus Tranche

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced its August 16, 2019, receipt of $1,400,000 of working capital from the closing of the second tranche of its Stock Purchase Agreement (“SPA”) with Auctus Fund, LLC. According to the update, the payment was triggered by the company’s timely filing of its Form S-1 registration statement with the SEC on July 25, 2019. “Once again Grapefruit executed its plan in a timely fashion, filing the registration statement and receiving the new capital infusion just subsequent to finalizing the IGNG/Grapefruit reorganization as envisioned,” IGNG/Grapefruit CEO Bradley…

FridayAug 16, 2019 3:35 pm

CannabisNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Developing Suite of Organic Pest Control Products for Cannabis Industry

Agricultural biotech company MustGrow Biologics (CSE: MGRO) is currently developing a series of products to meet the need for organic pest control in the booming cannabis industry. A recent article discussing the company reads, “MustGrow is hoping to expand on its fruit and vegetable pest control offerings by pulling together a suite of biological products from third parties, which the company aims to in-license and/or distribute for pests affecting licensed producers (LPs) in Canada’s burgeoning cannabis industry. Triangle Plant Science’s TP-1000, which improves nutrient effectiveness in plants to help them grow quicker and flower better, is the first third-party product…

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