HempNewsBreaks

FridayNov 22, 2019 9:52 am

HempNewsBreaks – HTC Extraction Systems (TSX.V: HTC) to Acquire California-based Kase Farma Inc.

HTC Extraction Systems (TSX.V: HTC) today announced its entry into a November 21, 2019 share and purchase agreement (“SPA”) with Starling Brands Inc., a party at arm's length to HTC. Under the SPA, HTC will acquire all issued and outstanding shares of Kase Farma Inc., a subsidiary of Starling, and upon completion of the acquisition, Kase Farma will be a wholly owned subsidiary of HTC. Authorized to operate in the areas of hemp cultivation, extraction, refining, formulation and distribution in the state of California, Kase Farma continually strives, through best-of-class methods, to deliver health and wellness benefits of CBD, CBG,…

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ThursdayNov 21, 2019 12:12 pm

HempNewsBreaks – Sugarmade, Inc. (SGMD) Issues Shareholder Letter on Momentum and Significant Opportunities that Lie Ahead

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today issued a shareholder letter on behalf of the company’s CEO. In the letter, SGMD CEO Jimmy Chan discusses the company’s momentum, commitment to its long-term value proposition and significant opportunities that lie ahead. “The market for hemp and hemp-related products is going to be significantly larger five years from now than it is today. No one disagrees with that basic premise. Our model, fundamentally, is predicated on the idea that this larger structural boom will contain lots of ups and downs for primary producers, but will…

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ThursdayNov 21, 2019 10:13 am

HempNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Announces Strategic Appointments to Management Team, Advisory Board

Green Hygienics Holdings (OTCQB: GRYN), an innovative premium cannabis cultivation and branding enterprise, today announced the appointment of four experienced professionals to its leadership team. New management team and advisory board members include Senior VP of Business Development, Agriculture Division Jerry Halamuda, Senior VP of Corporate Development John Gildea, Independent Director William Creekmur MBA, and Advisory Board Member Edwin Stoughton. “Each of the professionals joining our team adds considerable value to GRYN’s growth strategy,” GRYN CEO Ron Loudoun said in the news release. “The industrial hemp industry is paced for revolutionary progress, and I am pleased to welcome these gentlemen…

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TuesdayNov 19, 2019 10:16 am

HempNewsBreaks – Marijuana Company of America Inc. (MCOA) hempSMART(TM) Brand Receives Los Angeles Business Journal 2019 Fashion & Beauty Awards Nomination

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its hempSMART(TM) brand products have been nominated by the Los Angeles Business Journal for its 2019 Fashion & Beauty Awards. The company’s proprietary hempSMART(TM) brand consists of premium-quality, lab tested, CBD verified products. The Fashion & Beauty Awards will take place at the LA Grand Hotel in Los Angeles, CA at 6:00 PM on December 12, 2019. “We are thrilled to be recognized and nominated by the Los Angeles Business Journal for our hempSMART(TM) brand of products,” Marijuana Company of America CEO Donald Steinberg stated in…

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TuesdayNov 19, 2019 9:34 am

HempNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Posts Financial Results for Three and Nine Months Ended September 30

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including its newly acquired commercial hemp enterprise, on Monday reported financial results for the three and nine months ended September 30, 2019. The company reported that revenues for the third quarter decreased 13% to $34,017,000 as compared to $39,082,000 during the same period in 2018. The company also hosted a conference call on Monday to discuss its financial results, quarterly and yearly highlights and business outlook. A replay of the webcast will be available on the Investors section of the company’s website. “We are not pleased…

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WednesdayNov 13, 2019 12:02 pm

HempNewsBreaks – SinglePoint Inc. (SING) Reports Record Q3 2019 Results, Expects Significant Growth in Solar and Hemp Businesses

Leading technology and acquisition company SinglePoint (OTCQB: SING) today announced its financial results for the third quarter ended September 30, 2019. According to the update, the company achieved revenues of $1,050,374 for the three months ended September 30, 2019, a 176% increase over the same period in 2018. Per the update, the initial response to the company’s Pure American Hemp Cigarette has been overwhelming, while Direct Solar, SinglePoint’s most recent acquisition, continues to exceed revenue targets and has been pivotal to the company’s financial growth. “This has been a great quarter for SinglePoint, we are very excited to see the…

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TuesdayNov 12, 2019 10:33 am

HempNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Granted Exclusive Rights for Hemp Grow and Hemp Oil Extraction in Nicaragua

Youngevity International (NASDAQ: YGYI), together with its wholly-owned subsidiary CLR Roasters, today announced expansion of its operating partnership with H&H Coffee Group Export. Under the exclusive arrangement, the parties will cultivate hemp grow and the extraction of hemp derived cannabinoids into hemp-based crude oil in Nicaragua’s Chagüitillo, Sebaco - Matagalpa region for sales and distribution of hemp derived ingredients abroad.  The program will leverage YGYI's Khrysos Industries’ intellectual property, which manufactures Hyper Super Critical CO2 extraction systems, with CLR Roasters and H&H's expertise in agriculture and the creation of field to finish products. "We have invested heavily in our Nicaragua…

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MondayNov 11, 2019 12:28 pm

HempNewsBreaks – Pot or Hemp? NYPD Bust Highlights Growing Confusion Between Illegal Marijuana and Legal Hemp

A recent article on Fox News by Frank Miles highlights growing confusion nationwide over illegal marijuana and legal hemp. According to the article, New York City police boasted on social media last week about the confiscation of 106 pounds of green plants that officers assumed to be marijuana, as The Associated Press reported. “Officers Greenidge and Ganshaw from the @NYPD75Pct used precision policing and relentless follow-up, along with a great working relationship with @FedEx and other local law enforcement officials, to confiscate 106 pounds of marijuana that was destined for our city streets,” the department tweeted. The November 2 Brooklyn…

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MondayNov 11, 2019 11:06 am

HempNewsBreaks – ChineseInvestors.com Inc. (CIIX) Issues Shareholder Update

ChineseInvestors.com (OTCQB: CIIX), an established financial news and investment portal and a leading industrial hemp retailer for the Chinese-speaking community, today released a second quarter update for FY 2020. The update, provided by CIIX’s executive team, reads, “As we reflect on two decades of business, we have laid the foundation that has allowed us to make strategic investments and achieve rapid growth. Looking forward, we will concentrate on the rewarding opportunities that we have identified for ChineseInvestors.com and our valued shareholders, including the continued growth our core business, and continued diversification of our revenue streams through our industrial hemp-infused/CBD products…

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FridayNov 08, 2019 12:35 pm

HempNewsBreaks – HempFusion Expands Footprint to Over 500 New Stores Across the US

HempFusion(R), a leading hemp/CBD company in the United States with distribution of its family of brands to over 3,900 retailers across 47 states, on Thursday announced significant expansion of its brick and mortar distribution to over 500 new stores. According to the update, the expanded footprint includes premium retailers such as Sprouts Farmers Market, ShopRite, Heinen’s Grocery Store, Better Health, Harmons Grocery, and over 100 new independent natural retailers in addition to an expanded product offering in the Vitamin Shoppe. “We are incredibly excited to add additional premier retail partners to our existing national distribution footprint in Q3, 2019,” Jason…

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