CannabisNewsBreaks Archive - CannabisNewsWire

FridayNov 16, 2018 3:19 pm

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Seeking Out Cultivation Facilities with Existing Infrastructure

Cannabis Strategic Ventures (OTC: NUGS) is on the lookout for grow facilities with existing infrastructure in states that have legalized cannabis as a supply shortage becomes imminent California. A recent article discussing the company reads, “Cannabis Strategic Ventures has already embarked on pre-acquisition due diligence for prospective cultivation properties located in states that have legalized cannabis. The company has identified several cannabis grow facilities in California and has begun analyzing these for possible acquisition. It is targeting several locations with areas exceeding 200,000 square feet that have existing cultivation infrastructure in place, since it wants to move into cultivation very…

FridayNov 16, 2018 3:13 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Solidifies Market Position with Hempistry Investment

Hydroponics supply company Sugarmade (OTCQB: SGMD) has made a commitment to invest $1 million in Hempistry Inc., advancing its goal of producing ultra-high CBD-content hemp grown in Kentucky. A recent article discussing the company reads, “The investment in Hempistry is a strategic one for SGMD, as the U.S. industrial hemp market is forecast to grow to $1 billion in revenues in 2018. The expected compound annual growth rate (CAGR) for industrial hemp through 2022 in the U.S. alone is expected to be 14 percent. … Hempistry Inc. is a Nevada-based privately-held corporation focusing on the growth of ultra-high CBD industrial…

FridayNov 16, 2018 2:54 pm

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Targets Canadian Medical and Recreational Markets

Vertically integrated Canadian cannabis company The Flowr Corporation (TSX.V: FLWR) obtained its sales license from Health Canada in August of this year, thereby permitting FLWR to sell to both the medical and the adult-use recreational markets. An article discussing the company reads, “The Flowr Corporation is headquartered in Markham, Ontario, and has production facilities in Kelowna, BC. It is constructing a flagship 85,000 square foot cultivation facility using proprietary growing systems and designs and engineered meet pharmaceutical quality production standards. It is currently operational at approximately 20 percent, with the remaining 80 percent scheduled to come online early in 2019. …

FridayNov 16, 2018 2:48 pm

CannabisNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Leveraging Agricultural Science and Innovation Experience to Provide Premium Cannabis

Green Hygienics Holdings (OTC: GRYN), a full-scope, premium cannabis company, is using its more than 25 years of experience in agricultural science and innovation to its advantage the cannabis industry. An article discussing the company reads, “Green Hygienics utilizes the science of hygienics to create the highest quality cannabis products for medical and recreational use. The company creates a controlled organic and pest-free environment that consistently produces higher yields and superior product. Green Hygienics utilizes technology that improves energy efficiency, uses 90-95 percent less water and does not require pesticides or fungicides. With over 25 years of experience in agricultural…

FridayNov 16, 2018 12:14 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Harvest Update for Joint Venture CBD Hemp Project in New Brunswick

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) with joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) issued an update on the harvest at the partners’ cannabinoid (“CBD”) hemp project in New Brunswick, Canada. According to the update, the 2018 cultivation comprised 125 acres contracted from four northeast New Brunswick farmers, and utilized three Health Canada approved cultivars with expected CBD content of 1.5 percent to 2.5 percent. “We want to thank the farmers for their creativity and willingness to find solutions to the challenges that arose as we worked through the…

FridayNov 16, 2018 10:37 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Eyes Israel to Forge Strong Relationships and Banking Initiatives for Medical Cannabis

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF), with today’s announcement that the medical cannabis bill will go to the Knesset agenda, has commented on the potential of Israel to allow the medical export of its products to global markets. Redfund is in the process of compiling final due diligence protocols surrounding several identified Israeli clients to become portfolio companies to execute its growth strategy into North America and Europe. “We are looking to Israel as our next country to forge strong relationships with for our banking initiatives,” Redfund CEO Meris Kott stated in the news release. “Israel has always…

FridayNov 16, 2018 10:01 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Presenting at the New Green Frontier Conference

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, today announced that the company’s president and CEO Andriyko Herchak will deliver a main stage company presentation at the invitation-only New Green Frontier cannabis investor conference. The conference, which is anticipated to be attended by more than 350 investors, will take place at The Arcadian Court in Toronto on Monday, November 19, 2018. “I am excited to have the opportunity to share our story and prospects for the future. We are committed to increasing our visibility in the investment community and the New Frontier…

FridayNov 16, 2018 9:31 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Plans for New Financing in Interview on MoneyTV

SinglePoint (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht reiterated the company’s recent announcement that it has secured $5 million in financing from an existing institutional shareholder. “We spent a lot of time and money on becoming fully reporting, so we were able to renegotiate and get very favorable terms on the money we brought in. Of course, we're bringing this money in for acquisitions and to follow up on some…

ThursdayNov 15, 2018 3:27 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Positioned to Benefit as Legislators Predict Federal Cannabis Approval Bills in 2019

Medical Cannabis Payment Solutions (OTC: REFG) is poised to benefit if cannabis were to be legalized federally in the US. Two legislators believe that federal legalization bills will be passed in Congress in 2019. An article discussing the legislators’ predictions reads, “Reps. David Joyce (R-Ohio) and Earl Blumenauer (D-Oregon) told the session that bills legalizing cannabis in the U.S. – it has thus far been a state-by-state issue – would be introduced into Congress in 2019. They specifically cited the “STATES” Act (Strengthening the 10th Amendment through Entrusting States), introduced in June, which would exempt states with legal cannabis from…

ThursdayNov 15, 2018 10:36 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Velvet Management Inc. for Strategic Cannabis Distribution Across Canadian Markets

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its partnership with Velvet Management Inc. for the sale and distribution of its premium, certified organic offering to provincial liquor and cannabis boards across Canada. Created by the country’s largest wine distributor, Philippe Dandurand Wines, Velvet is a new company with distinct ownership, and the partnership will secure a strong entry point for TGOD across the Canadian market. "TGOD's cannabis is a premium offering, the best experience a consumer can receive," TGOD President Csaba Reider stated in the news release. "When we began the…

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