News Archives - Page 595 of 721

MondayJun 24, 2019 12:07 pm

Uber Technologies Inc. (NYSE: UBER) Geared to Test Uber Eats Drone Delivery

The Federal Aviation Administration has granted Uber and San Diego, California, permission to test food delivery via drone services Uber partnered with McDonald’s and completed the first phase of testing at San Diego State University Uber made this announcement after Amazon announced similar plans to commence drone delivery services Uber Technologies Inc. (NYSE: UBER) has completed its initial phase testing for food delivery via drones for Uber Eats (http://ibn.fm/cx2J3), at San Diego State University. This testing was done in collaboration with McDonald’s, after the Federal Aviation Administration granted Uber the drone testing rights. Uber plans to include other Uber Eats food…

MondayJun 24, 2019 11:15 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort

TransCanna Holdings closed a recent round of private placement funding with aggregate gross proceeds of more than C$10 million TransCanna will use the funding to help grow its statewide vertically integrated cannabis production and distribution efforts in California’s robust marketplace Following an extensive search, the company has named a general manager for its 196,000-square-foot hub facility that will serve up to five satellites Pending acquisition projects are expected to expand TransCanna’s asset and brand options in the state TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), a company aiming to create and buy 15 premium brands in California, garnered aggregate gross…

FridayJun 21, 2019 10:28 am

Green Hygienics Holdings Inc. (GRYN) Secures Hemp Sale Purchase Order with U.S. Tobacco de Mexico

Green Hygienics signed a purchase order for the sale of hemp flower to the Tijuana-based firm over the course of five years Hemp flower from Green Hygienics will be used in the U.S. Tobacco de Mexico production lines; U.S. Tobacco de Mexico has over 20 brands of CBD hemp cigarettes The partnership is in line with the Green Hygienics growth strategy; the company generates revenue through innovative product development, as well as through strategic partnerships and acquisitions Green Hygienics Holdings Inc. (OTCQB: GRYN) recently announced its entry into a multiyear purchase order for the sale of hemp to U.S. Tobacco…

FridayJun 21, 2019 10:00 am

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized…

FridayJun 21, 2019 9:34 am

The Cannabinoid of the Future? Hemptown USA at the Forefront of CBG’s Rise to Prominence

Widely known as the “mother of all cannabinoids,” cannabigerol is believed to have multiple benefits and medical applications in areas such as autoimmune conditions, cancer, pain management, inflammation and more CBG oil’s market price in the U.S. is currently two to four times higher than the price of CBD oil As genetic advances lead to higher yields, CBG looks set to become a prominent part of the cannabinoid market Hemptown USA is working to ensure sustainable production of CBG and is positioned to produce about 40 percent of the North American supply of CBG in the near future Cannabigerol (CBG)…

ThursdayJun 20, 2019 11:44 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Celebrates Manufacturing, Distribution Permits as Latest California Cannabis Advances

TransCanna Holdings is working to establish 15 premium cannabis brands during the next two years in California, the world’s largest cannabis market TransCanna’s wholly owned TCM Distribution subsidiary is celebrating the recent acquisition of temporary manufacturing and distribution permits while continuing to seek state permits and permanent licenses The permits advance production efforts at TransCanna’s 10,000-square-foot satellite operation in Adelanto, California The City of Adelanto recently reduced taxes on cannabis transportation, lab services, cultivation enterprises and dispensaries TransCanna has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, which has just added to its product line with a Spicy Mango…

ThursdayJun 20, 2019 11:15 am

VPR Brands LP (VPRB) Led by Seasoned Industry Professionals, Boasts Impressive Revenue Growth

VPRB’s CEO brings to the team 30 years of experience in sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing The company’s COO played a pivotal role in launching VPR Brands’ cannabis-based product division VPR Brands has seen impressive quarterly results and is positioned as an up-and-coming player in the cannabis industry VPR Brands LP (OTC: VPRB), an innovative technology holding company, has partnered with top international brands in an effort to rise to the top of the booming cannabis industry. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers…

ThursdayJun 20, 2019 10:10 am

SinglePoint Inc. (SING) Updates Revenue Forecast as Solar Contracts Exceed Expectations

Technology investment enterprise SinglePoint recently reported that its Direct Solar subsidiary recorded $1.7 million in solar installation contracts during a 30-day period, causing the company to ratchet up its revenue forecasts for the year The company expects to see about $803,769 in gross revenue and $361,541 in net profit from the contracts SinglePoint has also been focusing on the development of the hemp market, as hemp legalization in the United States has created a new pathway for agricultural profits SinglePoint’s ‘Strategics’ program, in cooperation with a national distribution partner that has access to several large retail chains, is providing a…

WednesdayJun 19, 2019 11:53 am

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Set to Flourish with Expanding Indoor Cannabis Production

The Green Organic Dutchman is building a name for itself as it works on production build-up from 2,000 kilograms of cannabis to 200,000 kilograms The company has facilities in Canada and is making inroads in Europe and Mexico through pharmaceutical networks In the United States, TGOD is finding access to the $20 billion functional beverage industry segment The advent of indoor cultivation that’s suitable for the cannabis industry has changed the commercial production capacity of marijuana and medical-grade cannabis suppliers. While the cannabis plant seeks the sun during the height of summer then flowers as the season ebbs, indoor cultivation…

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