CannabisNewsBreaks Archive - CannabisNewsWire

TuesdayJun 25, 2019 10:59 am

CannabisNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Enters Joint Development Agreement with Noramco Inc.

Willow Biosciences Inc. (CSE: WLLW), a leading developer of biosynthetic production systems for plant-derived active pharmaceutical ingredients (APIs) and intermediates, in early June announced its entry into an exclusive joint development agreement with Noramco Inc., a leading manufacturer of cannabinoids. Per the update, the two firms intend to collaboratively develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol. Willow further notes that the work conducted through the agreement has the potential to open new and larger markets for CBD and related compounds. “Noramco is a world-class organization with a long history of developing APIs across numerous markets…

TuesdayJun 25, 2019 10:44 am

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Partners with Wiz Khalifa and KKE Canada to Launch Premium Cannabis Oil

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), together with Khalifa Kush Enterprises Canada ULC ("KKE"), today launched the first product under the KKE brand line - KKE Oil. According to the update, KKE Oil is a premium, recreational focused product developed for convenience, high THC potency and precise dosing offered by a cannabis oil. "We firmly believe that a high-quality input supports high-quality output and KKE Oil embodies this belief. We are excited to launch one of the first recreational focused cannabis oils in Canada with Wiz Khalifa and the KKE team,” Supreme Cannabis President and Founder John…

TuesdayJun 25, 2019 10:34 am

CannabisNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Acquires 49% Interest in Cannova Medical

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced completion of the purchase of 2,260,500 common shares of Cannova Medical Ltd., a provider of innovative solutions for cannabis consumption. The purchase represents Nabis Holdings’ 49% interest in Cannova with the option to acquire the remaining 51% interest. Based in Israel, Cannova is developing an alternative method for cannabis consumption in the form of a sublingual strip that allows more effective control of dosage quantities. “Our goal for strategic investments at Nabis is…

TuesdayJun 25, 2019 9:44 am

CannabisNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Appoints Proven Consumer Marketing Expert Jann Parish as CMO

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its appointment of Jann Parish as chief marketing officer (“CMO”), effective immediately. Formerly CMO of Victoria's Secret and other global brands, and the recipient of numerous awards, Parish brings to the company brand development, strategic consumer relationship management and digital innovation. “As GGB continues rapid expansion in both the CBD and MSO segments, we are delighted to be bringing Jann, a proven consumer marketing expert, onboard,” Green Growth Brands CEO Peter Horvath said in the news release. “Jann is a master at positioning brands to resonate with consumers.…

TuesdayJun 25, 2019 9:33 am

CannabisNewsBreaks – VPR Brands LP (VPRB) Posts International Sales Update

VPR Brands LP (OTC: VPRB), a market leader specializing in vaporizers and accessories for essential oils, CBD and electronic cigarettes, this morning announced an update on its efforts to build relationships internationally and increase the visibility of its HoneyStick brand. The company’s director of International Sales, Ezequiel Pavlotsky, has spent the year thus far representing the HoneyStick brand at major cannabis expos in Europe to raise brand awareness, expand its network of distributors, and form new industry relationships. VPR Brands has increased its international distributors list with the addition of Near Dark in Germany, a large B2B distributor for the…

MondayJun 24, 2019 11:55 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a strategic business cooperation agreement with Fantasy Network Ltd. (TASE: FNTS) of Tel Aviv, Israel. Under the agreement, the companies will form the foundation to joint venture business opportunities in the Israeli medical cannabis sector. The signed agreement provides Redfund a framework to access Fantasy’s currently-controlled projects, as well as those under negotiation primarily in Israel. In addition, Redfund will assist Fantasy in licensing patented Israeli medical technology and cannabis delivery systems outside of Israel and provide capital, alongside Fantasy, to medical cannabis businesses. “Israel…

MondayJun 24, 2019 10:24 am

CannabisNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Health Canada Approval for Additional 17 Licensed Cultivation Rooms

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) today announced its receipt of Health Canada approval for the licensing of 17 additional cultivation rooms within its facility’s Phase 4A/4B perimeter. According to the update, approval of the additional licensed cultivation space increases annual target production capacity to 61,000 kg. "Sustainable growth, exceptional quality and constant innovation are the pillars of our overall strategic approach," Organigram CEO Greg Engel said in the news release. "We are proud to continue to increase our physical capacity to meet the needs of cannabis consumers across the country while also bringing new thinking and technology to…

MondayJun 24, 2019 10:08 am

CannabisNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Launch of London-Based Investment Platform

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the launch of its London-based investment platform, Supreme Heights, which is focused on opportunities in the UK and European CBD health and wellness space. The platform will draw on Supreme Cannabis' experience launching premium brands and benefit from its regulatory, product commercialization, supply chain, marketing and capital markets expertise and corporate support services. "The rapidly evolving CBD markets in the UK and Europe present compelling investment opportunities given the promising environments for new health and wellness companies to establish differentiated brands and capture meaningful market share. Supreme…

MondayJun 24, 2019 9:44 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Releases 2019 Annual and Special Meeting Results

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced the results of its 2019 annual and special meeting. Held on June 20, 2019, there were 43,217,711 company shares represented in person or by proxy at the meeting, constituting 55.1 percent of Lexaria's issued share capital as of May 3, 2019, the record date of the meeting. The matters voted upon included board member elections, the appointment of Davidson & Company LLP as auditors, approval of the company’s equity incentive plan and executive compensation, and the timeline for approval of executive compensation going…

FridayJun 21, 2019 3:02 pm

CannabisNewsBreaks – MustGrow Biologics Corp. Providing Farmers with a Natural Alternative to Synthetic Pesticides, Fertilizers

MustGrow Biologics, an agricultural biotech company, is developing and commercializing a natural biopesticide and bio-fertilizer that offers an alternative to cannabis and fruit and vegetable growers that are unable to use synthetic pesticides and fertilizers. A recent article discussing the company reads, “MustGrow’s technologies provide nematode control that is equal and often superior to synthetic alternatives, resulting in elevated yields and increased returns for the grower. Continued use of modern synthetic crop protection products can create a resistance to these conventional products among pests. Advancements in integrated pest management solutions, along with an increase in organic farming, is expected to…

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