NetworkNewsBreaks

TuesdayJun 18, 2019 1:42 pm

NetworkNewsBreaks – Imaging3, Inc. (IGNG) Announces Grapefruit’s Launch of Sugar Stoned Cannabis Infused Gummies Line into California

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, on Monday announced that Grapefruit Boulevard Investments, Inc. will, on June 21, 2019, commence retail sales of its first brand of cannabis infused edible gummies in California under the trade name, Sugar Stoned(R). “We are proud to announce that Grapefruit is initiating retail sales of its cannabis infused gummy edibles throughout California under the Sugar Stoned trade name on or about June 21, 2019,” Imaging3’s new CEO, Bradley J. Yourist, stated in the news release. “Grapefruit will introduce eight Sugar Stoned…

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TuesdayJun 18, 2019 1:39 pm

NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Welcomes Health Canada’s Final Regulations, Reiterates Expanded Product Strategy

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today welcomed Health Canada's final regulations for new cannabis products and reiterated its expanded product strategy. Per the update, Health Canada, on June 14, released amended cannabis regulations to license holders to permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals. The regulations support Supreme Cannabis' expanded product strategy, as the company, under its brands, intends to create high-quality cannabis extracts, including vaping liquids, concentrates, oils and tinctures. "As we prepare to bring new products to market, we are…

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TuesdayJun 18, 2019 12:45 pm

NetworkNewsBreaks – Geyser Brands Inc.’s (TSX.V: GYSR) Apothecary Botanicals Awarded Processing License

Geyser Brands (TSX.V: GYSR) today announced receipt of a coveted Health Canada Standard Processing License by its wholly owned Licensed Producer, 0957102 B.C. Ltd. dba Apothecary Botanicals. According to the update, the license will enable expansion of the company’s long term vision and commencement of the manufacturing of premier products, including tinctures and supplements. “This is a huge milestone for Geyser Brands and something that we have been working towards for many months,” GYSR CEO Andreas Thatcher said in the news release. “The license allows us to add value to existing consumer healthcare brands by providing them the platform to…

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TuesdayJun 18, 2019 12:30 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) on Route to Profitability in First 30 Days of Direct Solar Purchase

Technology and investment company SinglePoint (OTCQB: SING) today announced Direct Solar’s signing of contracts to deploy $1,709,460 in solar installs over the previous 30 days, with expected revenue of approximately $803,769 in gross and $361,541 in net. Per the update, these numbers put SinglePoint on a quick path to profitability from a cashflow standpoint, and management from both companies are excited to see Direct Solar’s continued growth through multiple avenues, including commercial. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a home run, but a grand slam in our eyes,” SinglePoint CEO Greg Lambrecht said…

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TuesdayJun 18, 2019 11:43 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner Announce Start of Commercial Planting at Scio, Oregon Hemp Farm

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA), together with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), this morning announced the start of commercial planting at its Scio, Oregon hemp farm. Per the update, the farm, operating under the name Covered Bridge Acres Ltd. (“CBA”), has prepared the 35-acre property for planting and is now in the process of laying the last of the mulch and drip line and obtaining organic certification. This year’s hemp plants were produced from either sprouted seed or through CBA’s onsite cloning operation, and have higher quality…

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TuesdayJun 18, 2019 11:34 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Lands Additional Major Supermarket Chain, Expects to Hit Shelves of 250+ Stores in September

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, today announced that another major supermarket chain has agreed to carry Nightfood ice cream in all of its more than 250 locations. Per the update, Nightfood will not announce the name of its new retail partner until its award-winning ice cream is available in stores, with product expected to hit shelves in early September. “As we’ve mentioned in the past, most major chains have an annual timeline that has them reviewing new brands in the fall, and on shelf in the spring,” Nightfood CEO Sean Folkson…

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TuesdayJun 18, 2019 10:39 am

NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Voter’s Guide to 2020 U.S. Presidential Candidates on Cannabis Issues

Innovative technology holding company VPR Brands LP (OTC: VPRB) today announced the availability of its Voter’s Guide to 2020 U.S. Presidential Candidates on Cannabis Issues. According to the update, with candidates of the next U.S. presidential election taking controversial public positions on cannabis issues, VPR Brands has sponsored the guide to provide an in-depth look at each candidate’s stance on cannabis. “The time has come to elect a president who’ll establish a nationwide standard for cannabis as a legal substance, distributed through a regulated industry with access to capital markets, with pardons and reparations considered for those who found themselves…

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TuesdayJun 18, 2019 10:29 am

NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Enters Exclusive Agreement with Cannabis Innovator Feather Company Ltd.

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) today announced its entry into an exclusive agreement with Feather Company Ltd., a cannabis innovator and lifestyle brand committed to the production of premium-quality products that enhance the cannabis experience for customers. Per the update, Organigram, through the Edison Cannabis Co. brand, has an exclusive license to Feather's proprietary vaporizer pen technology and form factor, and the relationship will also allow Organigram to commercially represent Feather across Canada. “A successful recreational cannabis market requires that licensed producers and their partners continually reimagine the cannabis experience,” Organigram Senior Vice President, Marketing and Communications Ray Gracewood…

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TuesdayJun 18, 2019 9:41 am

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Loan Commitment for $50M Senior Secured Credit Facilities

Canadian cannabis cultivation firm the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Monday announced its receipt of a loan commitment from an ATB Financial (“ATB”) syndicate of lenders as lead arranger and administrative agent for up to $50,000,000 of committed senior secured credit facilities. According to the update, Flowr will be permitted to use a recapitalization term facility and a revolving operating credit facility for general working capital purposes, as well as a development facility for the development of its Kelowna 1 Facility, Kelowna 2 Facility and Flowr Forest. The ATB Credit Facilities will have a maturity day of three…

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TuesdayJun 18, 2019 9:30 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Hires General Manager for Stanislaus County Cannabis Facility

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that it has hired Alan R. Applonie as general manager of its recently acquired 196,000-square-foot vertically integrated cannabis-focused facility in Stanislaus County, CA. Applonie will be responsible for all activities in the manufacturing operations of the facility, as well as other facilities and operations TransCanna may acquire in the area. “I've spent over six months interviewing for top-tier talent to oversee our operations and I firmly believe Alan is that person. Alan's most recent position was for a multi-billion-dollar enterprise in which his division regularly produced greater than $300 million in…

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