Search: press release

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Announces Results from CBD Liver Safety Study Have Been Released

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, has announced that Validcare released its initial findings from an industry-sponsored, decentralized, human-safety study of hemp-derived CBD products. Validcare is coordinating the execution of the study, which HempFusion was involved with. The study may be the largest human…

CannabisNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) Releases Refiled Financial Statements, MD&A

Champignon Brands (CSE: SHRM) (FWB: 496) (OTCQB: SHRMF) announced that it has refiled its condensed interim consolidated financial statements and management’s discussion & analysis (“MD&A”) for the three- and six-month periods ended March 31, 2020, following a review by the British Columbia Securities Commission. In its earlier reports of the periods mentioned, Champignon reported intangible assets in connection with its acquisitions…

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Q4, Year-End Reports; Announces New CEO

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has released its financial numbers for the fourth quarter and fiscal year ended Dec. 31, 2020. Fourth-quarter revenue totaled $10.92 million, a 91% increase from quarter to quarter, with full-year revenue topping more than $24.5 million, a 120% increase year over year. In addition,…

CannabisNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Releases Update on Promotional and Marketing Activity Comments

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator focused on next-generation drug delivery, diagnostic and new active pharmaceutical ingredient investment opportunities, has provided an update to its Jan. 22, 2021, press release regarding recent promotional and investor relations. The updated comments were made at the request of IIROC and the Canadian Securities Exchange (“CSE”). The comments are specifically in…

CannabisNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Strengths, Milestones Featured as CBD Industry Projected to See Impressive Growth

HempFusion Wellness (TSX: CBD.U), along with its five-channel strategy, impressive line of products and historic first day of trading after completing its $17 million IPO, were the focus of a recent article. The article outlined the power of the company, noting that it was the first U.S.-based CBD company approved for listing directly on the TSX. The article recounted the…

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Releases Q3 Financial Report

Canopy Rivers (TSX: RIV) (OTC: CNPOF), an investment and acquisition company specializing in cannabis, has shared financial numbers for its most recent period, the three and nine months ended Dec. 31, 2020. The announcement included both unaudited condensed interim consolidated financial statements and management’s discussion and analysis (“MD&A”). Numbers in the report indicate that Canopy Rivers’ comprehensive income was $82.2 million,…

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Releases Preliminary Q4 2020 Revenue, Forecast Numbers

The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organically grown cannabis, has announced its Q4 2020 preliminary, unaudited revenue numbers. According to the release, the company reached $10.9 million in unaudited gross revenue in Q4 2020 for the period, with an increase in quarter-over-quarter revenue of 91%. The company also released an updated revenue…

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Releases Preliminary Revenue Numbers, Notes 714% Growth for Calendar Year

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, announced its unaudited revenue results for calendar year 2020. The numbers indicate that Grapefruit totaled revenues of an estimated $3,672,353 for the year ended Dec. 31, 2020, which represents an increase of approximately $3,221,156 from 2019. The announcement noted that, based on those preliminary numbers, the company is reporting…

CannabisNewsBreaks – Grapefruit USA Inc.’s (GPFT) Time Release THC+CBD Delivery Cream Available on Weedmaps Retail Website

Grapefruit USA (OTCQB: GPFT), a premiere fully licensed California-based cannabis company, has announced that its patented Hourglass(TM) time-release THC+cannabinoid delivery cream is now available in California through Weedmaps’ retail online platform. GPFT’s disruptive Hourglass product features a patented technology that overcomes the challenge of efficient skin absorption of THC and other cannabinoids. The topical cannabis delivery cream enables users to…

420 with CNW — Trump Releases a Dozen Marijuana-Related Convicts Using Presidential Clemency Powers

As former President Donald Trump’s tenure came to a close on Jan. 20, 2021, he issued a flurry of executive pardons and commutations with just hours left in office. While the batch of 73 pardons and 70 commutations contained a few controversial names, the majority of those who received the 11th-hour pardons and commutations had been championed by criminal justice…

CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) to Release Q3 Financial Results, Host Conference Call on February 10

Canopy Rivers (TSX: RIV) (OTC: CNPOF) today announced that it will be releasing its third quarter fiscal year 2021 financial results before markets open on February 10, 2021. Detailed information regarding the company’s financial statements for the three and nine months ended December 31, 2020 will be available on the company’s profile on www.SEDAR.com and on the company’s website at www.CanopyRivers.com/investors. The company will host…

CannabisNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQX: CANSF) Releases Update on THC, Plans for Canadian Market Launch

Willow Biosciences (TSX: WLLW) (OTCQX: CANSF), a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates, has made advancements on its work on a proprietary yeast strain for the production of Tetrahydrocannabinol (“THC”); the company also announced plans to commercially launch the product in the highly regulated, legal Canadian market. Willow’s Canadian-based R&D (“R&D”)…