NetworkNewsBreaks

MondayMar 25, 2019 11:19 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Initiates Growers’ Circle Launch, Domestic Sales to Patients Across Canada

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that sales of its certified-organic cannabis have started with national distribution to medical patients. Per the update, a select group of patients across Canada called The Growers' Circle now receives TGOD's first certified-organic flower. The Growers' Circle launch is a limited production rollout of TGOD’s premium product, allowing the company to perfect its distribution ahead of its production ramp-up and scaled rollout this year. “The launch of the Growers' Circle is another significant moment in TGOD's commercial story,” TGOD Director and Chief Executive…

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MondayMar 25, 2019 10:56 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) to Expand to Florida Market Through Investment in Vertically-Integrated Cannabis Applicant

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced its intended expansion into Florida following its strategy to become a multi-state operator. According to the update, Choom, through its wholly owned subsidiary, Choom Holdings USA Inc., has entered a letter of intent ("LOI") to purchase a 95 percent equity interest in a Florida-based vertically-integrated cannabis applicant. “We are very excited to be expanding into Florida and to bring Choom's medical brand into that market.  Florida's medical marijuana program is a very attractive opportunity for us seeing that it allows for vertically-integrated operations and it has…

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MondayMar 25, 2019 10:06 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Spot Therapeutics Receives Health Canada Cultivation License, Triggering Long-Term Cash Flow

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced receipt of a Health Canada cultivation license for Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) and its portfolio company, Spot Therapeutics Inc., for its Fredericton-based production and distribution facility. Per the update, the newly licensed facility will operate under the flagship Tweed banner, and the cultivation license initiates a long-term (25-year) cash flow stream anticipated to be approximately $2.85 million per year with commencement expected to begin in September 2019. “The long-term income stream from Spot, combined with our existing royalty portfolio, will further stabilize Canopy Rivers’ operating cash flow profile and…

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MondayMar 25, 2019 9:43 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Announces Health Canada Approval for Canna Farms Subsidiary to Expand Hope Facility, Double BC Production

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Friday announced receipt of approval from Health Canada for its wholly-owned subsidiary, Canna Farms Ltd., to begin cultivation in the expansion of its Yale Road facility in Hope, BC, resulting in its doubled cultivation capacity in the province. According to the update, production, product development space and automated packaging equipment is included in the expansion that is expected to be incorporated into the facility and brought on-line in mid 2019. The company expects to commence cultivation in the expanded area in May 2019. “Today's approval of the Hope, British Columbia expansion is in…

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FridayMar 22, 2019 2:17 pm

NetworkNewsBreaks – Altimmune, Inc. (NASDAQ: ALT) Closes $14M Registered Direct Offering

Altimmune (NASDAQ: ALT), a clinical-stage immunotherapeutics company, recently announced the closing of the sale of common units and pre-funded units for a total of 4,361,370 units in a registered direct offering with two institutional investors resulting in gross proceeds to Altimmune of $14 million. In a March 8, 2019 news release Altimmune disclosed that as of December 31, 2018, it held roughly $34.4 million in cash, cash equivalents and restricted cash. The company plans to use its cash on hand combined with the net proceeds of approximately $12.7 million from this offering toward the continued advancement and development of its…

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FridayMar 22, 2019 2:12 pm

NetworkNewsBreaks — QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Moving Toward Production at Flagship Irgon Lithium Mine Property

British Columbia-based company Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) has commenced its first phase of diamond-drill exploration on the spodumene-bearing Irgon pegmatite dike located in southeastern Manitoba. A recent article discussing the company reads, “The company’s flagship project, the Irgon Lithium Mine Property, is located in a historically productive region, immediately north of the past-producing TANCO Mine. QMC aims to deliver an NI 43-101-compliant resource estimate on the site’s mineral potential this year that will supersede the historical resource estimate published for the Lithium Corporation of Canada (“LCOC”). LCOC undertook a 25-hole, diamond-drill program and underground development…

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FridayMar 22, 2019 1:43 pm

NetworkNewsBreaks — Why Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Is ‘One to Watch’

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) develops and designs brands that focus on plant-based wellness and health products. A recent article discussing the company reads, “Wildflower markets its full-spectrum CBD products to retailers in the health and wellness space throughout the United States and in legal cannabis markets in accordance with regulations marketing its THC and CBD products. . . . Headquartered in Vancouver, British Columbia, Canada, Wildflower employs a unique and holistic business model that encompasses research and development, manufacturing, distribution, marketing and retail. First launched in 2012 as a private company with a cannabis-focused brand, Wildflower went public…

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FridayMar 22, 2019 1:12 pm

NetworkNewsBreaks — Youngevity International Inc. (NASDAQ: YGYI) Launching Two Cannabidiol-Infused Coffee Brands

Youngevity International (NASDAQ: YGYI), together with its CLR Roasters subsidiary, recently announced plans to introduce two cannabidiol-infused coffee brands in May. A recent article discussing the company’s endeavor reads, “Youngevity announced plans to launch two brands of cannabidiol-infused coffees on March 6, stating that sales are expected to begin in May. The HempFX brand is expected to roll out as a direct sales product through YGYI’s large sales network early in the month, followed by full-scale distribution by the end of the month. The company’s CLR Roasters subsidiary also anticipates a late-May rollout of its Javalution brand for retail store…

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FridayMar 22, 2019 12:31 pm

NetworkNewsBreaks — Cannabis Strategic Ventures Inc. (NUGS) Developing Category Leaders within the Cannabis Sector

Los Angeles, California-based Cannabis Strategic Ventures (OTC: NUGS) is committed to building category leaders within the cannabis and CBD space. An article discussing the company reads, “The company has a portfolio of subsidiaries that comprise The Asher House Wellness, Budhire, Fitamins, LYXR, Halo Filters and Pure Applied Sciences Inc. Cannabis Strategic Ventures is headquartered in Los Angeles, California. . . . The company offers outsourced personnel solutions custom-made to match the growth potential of cannabis cultivators, manufacturers, dispensaries and other participants in the cannabis market. Furthermore, Cannabis Strategic Ventures engages in investment opportunities in the real estate, cultivation, extraction, distribution,…

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FridayMar 22, 2019 10:10 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Launch Premium Oil Products Line to Canadian Market

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced plans to introduce its oil products line to select adult-use Canadian markets starting in April 2019, with expansion to additional provinces expected by the end of June 2019. Per the update, the products will contain a proprietary blend of highly-purified cannabis oils and terpenes derived from plants grown by 7ACRES. “Premium oils require premium cannabis,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Our formulation will leverage super-critical CO2 technology to produce a high quality, purified cannabis oil which we re-formulate with the naturally occurring cannabis…

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