Cannabis Stock News Daily Roundup April 10

cannabis

1933 Industries (CSE: TGIF) (OTCQX: TGIFF) signed a licensing agreement with OG DNA GeneticsĀ for the exclusive license to cultivate, manufacture, sell and distribute co-branded cannabis products for a two-year term in Nevada.

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Organto Foods (TSX-V: OGO) (OTC: OGOFF) has received final acceptance of the TSX Venture Exchange to issue 7 million common shares to the original shareholders of Medicannabis S.A.S., a privately-held Colombian medicinal cannabis company which was acquired by Organto in November 2018.

MYM Nutraceuticals (CSE: MYM) (CSE: MYM.CN)Ā (OTCBB: MYMMF)Ā has entered into a memorandum of understanding with Aqueous Sciences, a subsidiary of One World Ventures (OTC: OWVI), to grow 3,000 acres of hemp on Navajo Nation land located near the four corners area ofĀ Colorado,Ā Arizona,Ā UtahĀ andĀ New Mexico, U.S.

Global cannabis firm Cansortium (CSE: TIUM.U)Ā has entered into an agreement with Canaccord Genuity Corp. and Paradigm CapitalĀ to issue a private placement basis up toĀ $25 million of convertible debenture units at $1,000Ā per convertible debenture unit.

Cannvas MedTech (OTCPK: CANVF), a digital cannabis education and analytics company, said that its Cannvas Cannabis Acquisitions Corp.Ā subsidiary has been actively exploring opportunities with data-driven organizations acrossĀ the U.S.Ā to expand its dataset of cannabis consumer trends through strategic partnership and merger and acquisition opportunities, with a significant focus on the $2.5 billionĀ CaliforniaĀ cannabis market.

THCĀ BioMedĀ IntlĀ Ltd. (CSE: THC)Ā has received Health Canada permission to begin cannabis production in two additional strata lots at the company’s flagship location inĀ Kelowna, B.C.Ā The newly-licensed strata lots will allow THC to begin automation of its systems allowing more efficient production while increasing margins.

Ascent Industries (CSE: ASNT) completed the sale of substantially all of the assets to BZAM Management. The deal is valued at around $41.5 million, comprising ofĀ $29 millionĀ of cash and the assumption of liabilities of approximatelyĀ $12.5 million.

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