Canada-based cannabis company TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) late Thursday announced that it has closed its previously detailed and upsized brokered private placement of units, generating gross proceeds of C$16 million. Per the update, an aggregate of eight million units of the company were sold at a price of C$2.00 per unit, with…
Clinical-stage gene therapy company Genprex (NASDAQ: GNPX) on Monday provided a clinical, corporate and financial update for the year ended December 31, 2018. Among other highlights, Genprex reached various milestones in 2018 and early 2019 which included completing its initial public offering (“IPO”) and listing of common stock on NASDAQ Capital Market, completing a $10…
Leading omni-direct lifestyle company Youngevity International Inc. (NASDAQ: YGYI) today announced that it has executed a one-year supply and processing agreement to produce 99 percent pure CBD (no THC) isolate. The company expects to begin shipping under the contract this month and continue in equal amounts through March 2020. “The Khrysos Industries business model is…
Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, James E. Wagner Cultivation Corporation (“JWC”) (TSX.V: JWCA) (OTCQX: JWCAF), has received a cultivation license from Health Canada for its Kitchener-based commercial-scale production facility (“JWC2”). Per the update, reception of this license will result in the launch of the initial phase…
Global technology and value-added solutions group Net Element (NASDAQ: NETE), through its wholly owned subsidiary Aptito, delivers comprehensive business-management solutions and cloud-based point of sale (“POS”) for the restaurant industry. A recent article discussing the company reads, “A quality POS system ensures quality service, whether it’s used in a gourmet restaurant or a quick service…
Biotechnology company and drug-delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) utilizes disruptive technology for the improved delivery of bioactive compounds. A recent article discussing this reads, “Lexaria’s technology has been shown to be effective in numerous global studies, significantly assisting rapidity and quantity of absorption for a range of lipophilic (fat-soluble), bioactive molecules.…
Los Angeles, California-based Cannabis Strategic Ventures (OTC: NUGS) is leveraging a diverse brand portfolio to grab opportunity and garner a corner of the $10 billion cannabis and $900 million hemp industries. A recent article discussing this reads, “One of its major subsidiaries, Pure Applied Sciences Inc., has cultivated a rich portfolio of ultra-high quality products.…
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that Hamilton City Council approved its settlement offer and will allow TGOD to operate its Ancaster, Ontario cannabis greenhouse upon the Local Planning Appeal Tribunal’s confirmation of the settlement at a meeting scheduled for April 25, 2019. Once…
Pressure BioSciences (OTCQB: PBIO), a leader in the development and sale of high pressure-based instruments, consumables, and related services for the global life sciences and other industries worldwide, today announced the establishment of a Center of Excellence (“CoE”) at Dr. Christine Vogel’s laboratory at New York University’s Center for Genomics and Systems Biology. As a…
TransCanna Holdings (CSE: TCAN) (FSE: TH8), an emerging cannabis branding, transportation and distribution company, recently signed definitive documents to purchase a 196,000 sq. ft. vertically integrated facility in northern California for $15 million. The purchase includes 5.567 acres of land and institutional grade packaging and extraction equipment. TransCanna retained the services of GreenGrowth CPA, an…
Emerging business development technology innovator Pacific Software (OTC: PFSF) announced this morning its recognition as one of the “20 Most Promising AGTECH Solution Providers – 2019” by leading technology magazine CIOReview. The annual ranking of 20 leading AGTECH companies features the field’s best in technology solutions around the globe. Pacific Software’s platform, BOAPIN, is designed…
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…
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…
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…
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Thursday announced that its wholly-owned subsidiary, ABcann Medicinals Inc., received approval from Health Canada to commence cultivation in the expansion of its Vanluven Road facility in Napanee. The expansion includes production and product development space built to GMP standards and doubles the company’s Ontario cultivation capacity. Cultivation in…
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) today announced that it will begin an observational study on the use of cannabinoids as therapy for chronic pain. A group of well-known pain specialists will lead the study, taking place in Melbourne, Australia, which expects to provide long-term (24 month) data in order to evaluate the efficacy of…
Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) on Wednesday announced that work has commenced on its largest-ever cannabinoid research program, which will also test Lexaria-designed nanotech enhancements. According to the update, the new program is comprised of 11 separate animal studies, each comparable in scope to individual animal studies…
TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that it has signed definitive closing documents to acquire a 196,000 square foot facility on 5.5 acres of land as well as cannabis packaging and processing equipment for a total purchase price of $15 million. Over the past two years, the facility has undergone $8 million…
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday reported its financial and operational results for the year ended December 31, 2018. Among other highlights, the company ended the year with $263.5 million of cash and restricted cash to continue to fund its facilities expansion and international growth.…
Cannabis-focused investment and operating platform Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF), alongside LeafLink Inc., this morning announced the establishment of LeafLink Services International ULC, a new venture focused on licensing and leveraging LeafLink’s dominant business-to-business marketplace and supply chain technology platform for deployment through regulated international cannabis markets. “We have been very impressed with…