CannabisNewsBreaks Archive - CannabisNewsWire

MondaySep 16, 2019 11:33 am

CannabisNewsBreaks – Fifth Annual New West Summit’s Carefully Curated Roster Includes Leafwire Pitch Slam

One of the premiere events for cannabis tech, the New West Summit, is slated to return to San Francisco for its fifth annual conference at the Bespoke event center from October 10-11, 2019. Known as THE cannabis tech conference, the New West Summit has a full roster with over 50 exhibitors, more than 100 speakers and several exciting events. The summit will include the Leafwire Pitch Slam, sponsored by Leafwire, a cannabis business network, that will allow ten cannabis start-ups to compete as they pitch their business to industry professionals for a grand prize of $10,000. To view the full…

MondaySep 16, 2019 11:10 am

CannabisNewsBreaks – ChineseInvestors.com Inc. (CIIX) to Present at the MicroCap Conference in New York City on September 17

Established financial news and investment portal for the global Chinese-speaking community ChineseInvestors.com (OTCQB: CIIX) today announced that CFO Alex P. Hamilton of its subsidiary, CBD Biotech, Inc., is scheduled to present at the MicroCap Conference. The exclusive event, dedicated to connecting small and micro-cap companies with high-level, institutional and retail investors, is slated to be held at the JW Marriot Essex House in New York City on September 16 -17, 2019. CIIX’s presentation is scheduled for Tuesday, September 17, 2019, at 1:00 p.m. Eastern Time in Room 1. To view the full press release, visit http://cnw.fm/Nh76h About ChineseInvestors.com Founded in…

MondaySep 16, 2019 9:49 am

CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Enters MOU with “Patchless Patch” Patent Holder for Timed Release Delivery of Grapefruit’s Cannabis Products

Grapefruit Boulevard Investments (OTCQB: IGNG), a Los Angeles based cannabis company which has been licensed by the state of California to both manufacture and distribute cannabis products in California since January 2018, today announced its August 22, 2019, entry into a formal Memorandum of Understanding (“MOU”) with a privately held manufacturer of a novel patented and trademarked delivery system (the “patchless patch”). The delivery system is comprised of highly engineered microscopic particles that topically deliver a therapeutic payload to the user over an extended period of time. According to the update, the MOU is binding on both parties, and both…

FridaySep 13, 2019 2:36 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Developing Novel Nicotine Ingestion Method as Smoking Alternative

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), an innovative biotechnology company, has set its sights on using its proprietary drug delivery technology to provide an alternative method of nicotine ingestion that is safer than smoking. An article further discussing the company reads, “The technology, known as DehydraTECH(TM), is a patented, cost-effective delivery mechanism that has been shown to improve the ingestibility of cannabinoids, vitamins, nonsteroid anti-inflammatory drugs (NSAIDs) and nicotine. Now, Lexaria has partnered with one of the world’s largest tobacco firms to develop new, reduced-risk, oral nicotine products using the technology (http://cnw.fm/8nSR1). . . . The deal funds Lexaria’s R&D program…

FridaySep 13, 2019 1:38 pm

CannabisNewsBreaks – VPR Brands LP (VPRB) Announces Intent to Fully Comply with FDA Regulations Concerning Flavored E-Cigarettes

VPR Brands (OTCQB: VPRB), a market leader and pioneer in electronic cigarettes and vaporizers for nicotine, cannabis and cannabidiol (“CBD”), today announced its intent to fully comply with any FDA guidelines regarding flavors for electronic cigarettes. Per the release, revenue derived from flavored e-cigarette nicotine products only accounts for less than 5% of VPRB’s total revenue, while the majority comes from the sale of hardware devices or other ancillary products. “We have been navigating through the regulatory process in this industry for the last 10 years and we have been complying with and welcome any common sense regulations which protect…

FridaySep 13, 2019 9:30 am

CannabisNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Inks Agreement to Acquire Outstanding Shares of Lyfted Farms Inc.

TransCanna Holdings (CSE: TCAN) (FRA: TH8) on Thursday announced that it has signed a binding agreement to acquire all the outstanding shares of Lyfted Farms Inc. for a purchase price of $6,300,000. The purchase price will be comprised of $5,550,000 in cash and the issuance of 1,000,000 TransCanna common shares. A deposit of $150,000 has already been advanced and the remainder of the cash portion, totaling $400,000, will be payable on closing in addition to the issuance of a non-interest-bearing promissory note by TransCanna in the amount of $5,000,000. This agreement updates the terms of the previous non-binding letter of…

ThursdaySep 12, 2019 3:10 pm

CannabisNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Strengthens Offerings via Acquisition of Cannabis-Infused Edibles Line

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) recently acquired Natural Extractions Inc., which is doing business as Zoots Premium Cannabis Infused Edibles (http://cnw.fm/4dFHj). An article discussing the company reads, “Zoots is an edibles company whose product line includes drops, gummies, energy shots and hard candies manufactured to offer consistent and reliable dosing. The products are currently available at licensed recreational cannabis retailers in Illinois, Washington, Colorado and Massachusetts. . . . ‘Our top-rated Ionic vaporizer pen targets consumers interested in luxury cannabis products that can be discreetly consumed, which make Zoots edibles a natural fit for our brand strategy,’ IONIC…

ThursdaySep 12, 2019 2:43 pm

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOAD) Joint Venture Provides Low-Cost, Premium-Cannabis Delivery

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA, MCOAD) recently introduced its new joint venture, a premium-cannabis delivery service called VivaBuds, through a virtual launch party. “VivaBuds will offer our customers low-cost premium cannabis, fast delivery times and quality customer service,” MCOA CEO Don Steinberg stated in a news release prior to the launch party (http://cnw.fm/V8eXV). An article discussing the company reads, “The VivaBuds rollout remains in full swing, with the VivaBuds mobile application live on Google Play and available for download on all Android devices (http://cnw.fm/7nWJ2). Customers using the app can also learn more about customizing their…

ThursdaySep 12, 2019 10:34 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Accelerate Shipments to Meet Demand for Premium Organic Cannabis Following Ontario Launch

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced that initial demand has exceeded expectations following its August launch in Ontario, which marked the company's entrance into Canada's recreational market. Per the update, TGOD's Unite Organic, a high-THC signature strain, is performing well online and at dispensaries and triggering a second OCS order earlier than initially anticipated. “We are thrilled to witness such strong sales and positive feedback from retailers and consumers across Ontario, Canada's most populous province at 14.32 million people. We can see…

ThursdaySep 12, 2019 9:51 am

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Enters Agreement for Debt Private Placement

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis branded products company in California, on Wednesday announced its entry into an agreement with a certain arm’s length party with respect to the settlement of USD$1,044,806.03 owing or to be owing to such creditor for services rendered. Plus Products has agreed, as payment in full of such amount, to issue to the creditor or its assignee 318,471 units of the company, each at a deemed price of CAD$4.32. Each unit consists of one subordinate voting share in the capital of the company and one warrant. Until five years from the date…

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