Cannabis Stock News Daily Roundup April 5

Cannabis Stock News Daily Roundup April 5
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Grown Rogue International (CSE: GRIN) (OTC: NVSIF) reported the issuance of stock options to two consultants to purchase up to an aggregate of 650,000 common shares of the company. The stock options are exercisable at $0.44 per share with 150,000 of the options expiring on November 30, 2021, and 500,000 options expiring on January 1, 2022.

Sunniva (CSE: SNN) (OTCQB: SNNVF), a provider of cannabis products and services, reported revenue of C$14 million for the three month period ended March 31, 2019, representing a 169% increase over C$5.2-million in revenue generated in the same period of 2018.

Aurora Cannabis (TSX: ACB) (NYSE: ACB) (Frankfurt: 21P) has been selected by the German Bundesinstitut für Arzneimittel und Medizinprodukte BfArM (Federal Institute for Drugs and Medical Devices) as one of three winners in the public tender to cultivate and distribute medical cannabis in Germany.

Fire & Flower Holdings (TSXV: FAFannounced the opening of the second store in Ontario. The store, named Brock Street Cannabis Co., is located at 75 Brock Street, Kingston.

Dixie Brands (CSE: DIXI.U) (OTC: DXBRF) (Frankfurt: 0QV) has unveiled plans to introduce a new confectionary product called Dixie Bursts. The pulled taffy chews will be sold in assorted packages containing Blue Raspberry, Mango and Strawberry flavors.

Okanagan-based cannabis cultivator Lotus Ventures (CSE: J) (Frankfurt: LV9announced the resignation of Steve Mathieson as a director and the appointment of Simon Davie.

As part of its program to apply the biofarming technology to cannabis, Canna-V-Cell Sciences (CSE: CNVChas achieved the important stage of being able to multiply cannabis cell tissues on solid media. Since the beginning of the program, the R&D team has been able to screen multiple cannabis plants and was able to combine the technology with the accumulated know-how to grow plant cells in different colors.

Lifestyle Delivery Systems (CSE: LDS) (OTCQX: LDSYF) subsidiary CSPA Group is in the final stage of its negotiations to sign a lease agreement with Desert Sands for 20,000 sq. ft. of warehouse space. The companies expect to finalize the agreement early next week.

Trulieve Cannabis Corp. (CSE: TRUL) has signed an agreement with California-based Blue River Extracts & Terpenes to introduce its terpene extracts and other trademark branded products in Florida’s patient base.