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Cannabis Stock News Daily Roundup July 10

ME Staff

Zenabis Global (OTCMKTS:ZBISF) has submitted its site evidence package to Health Canada for the first phase of its facility in Langley. Called Zenabis Langley, the facility’s first 50,000 sq. ft. flower room is substantially complete, while work on the remaining five flower rooms and additional support space, totaling 380,000 sq. ft., is set to complete in August 2019.

Flower One Holdings (CSE: FONE) (OTCQX: FLOOF) signed a licensing agreement with California cannabis brand La Vida Verde (LVV). The addition of LVV to the company’s portfolio will diversify the cannabis offerings made available to Nevada’s cannabis retailers and consumers, Flower One said in a statement.

Stillcanna (CSE: STIL) (OTC: SCNNF) announced that final preparations for the harvesting of its 2019 crop are being implemented by its Olimax team in Poland. The company has engaged Mateusz Bojek, a third-generation agricultural expert specializing in the harvesting, drying and storing of hemp to retain its highest CBD content.

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) has begun to sell and distribute beverages, tinctures and capsules in retail stores in the states of California and Colorado. “We are particularly pleased to have finally established a shelf presence in these regions where consumers are health conscious and have a high awareness of the benefits of active hemp,” CEO Jim Bailey said in a statement.

22 Capital (TSXV: LFC.P) and Trichome Financial announced that their respective shareholders have approved their amalgamation that will result in a reverse take-over of 22 Capital by the shareholders of Trichome Financial. Currently a subsidiary of CannaRoyalty d/b/a Origin House (CSE: OH) (OTCQX: ORHOF), Trichome Financial is a private corporation.

International hemp and CBD company HeavenlyRx Ltd. has entered into a letter of intent to acquire Airganics, which is focused on developing wellness products. With the acquisition, HeavenlyRx will own all of Airganics’ associated brands including Nutri-Air, MOXE, and ENVY HEMP.

48North Cannabis (TSXV: NRTH) (OTCMKTS:NCNNF) is converting its Good:House licensed indoor facility located in Brantford, Ontario, into a full-time propagation, processing and packaging facility from a cultivation-focused facility. The company says that it is converting the facility in preparation for the Good:Farm’s first outdoor harvest in August and second harvest in October.

THC BioMed Intl Ltd. (CSE: THC) has received Health Canada’s approval to proceed with production in three additional strata lots at its flagship location on Acland Road in Kelowna B.C. “The granting of the 3 additional Strata lots will actually double our approved growing space and makes a significant change for THC BioMed. This is a major milestone,” CEO John Miller stated.

California cannabis company Mojave Jane Brands (CSE: JANE) (OTC: HHPHF) has signed a binding letter of intent to acquire 100% of CB Asset Management (CBAM), a licensed cannabis operator based in Coachella with a 20-year lease on a six-acre property in the Coachella valley. The acquisition includes a licensed, operational Type 6 (ethanol) manufacturing facility that is expected to immediately boost Mojave Jane’s capacity and meet growing market demands for quality extracts.

TruTrace Technologies (CSE: TTT) (OTC: TTTSF), the creator of the first fully-integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, announced that A&L Canada Laboratories will be one of the inaugural testing facilities in the Shoppers Drug Mart and TruTrace medical cannabis verification pilot program. The pilot program is built on TruTrace’s StrainSecure platform, which focuses on testing and verification to confirm the origin, authenticity and quality assurance of cannabis products.

GrowerIQ, a seed-to-sale technology and cannabis cultivation platform provider, and Dr. Tina Kasal-Slavik, a chemical ecologist at the Free University of Berlin, signed an agreement to commercialize the world’s first sensor based on cannabis plant chemicals. The sensor decodes plant messages about afflictions before obvious visual symptoms, allowing growers enough warning to prevent widespread crop loss.

Cansortium (CSE: TIUM), a provider of medical cannabis under the Fluent brand, expanding its Florida retail footprint with the opening of a new Fluent dispensary in Cutler Bay, Fla. The new 2,654-sq.-ft. store is the company’s 12 in Florida, with 18 more locations expected to be opened or secured by the end of 2019.

Canopy Rivers (TSXV: RIV) (OTC: CNPOF) announced that its portfolio company YSS Corp. (TSXV: YSS) received five cannabis retail licenses from the Alberta Gaming, Liquor and Cannabis Commission. The new licenses are located throughout Alberta and will operate under the YSS brand name.

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) has hired Russell Starr as its president. Starr will work closely with Krisztian Toth, the executive chairman of Pivot and report to the board of directors. He will lead Pivot’s capital markets activities, including outreach to existing and potential shareholders in Canada and internationally.

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