Breaks Categories: News

MondayJul 09, 2018 9:50 am

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Enters Agreement to Form Nation’s Largest Mobile Hemp CBD Processing Service

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has reached an agreement in principle that will result in the nation’s largest mobile hemp CBD processing service. Per the update, the agreement, made with a subsidiary of Paper Lantern, LLC, will be finalized shortly. Through this agreement, Medical Cannabis Payment Solutions will acquire the rights to deploy groundbreaking mobile hemp CBD extraction labs, which it intends to utilize at hemp farms owned and operated by REFG, as well as those that have entered into processing agreements with the company. “Our mobile extraction partnership is…

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MondayJul 09, 2018 9:18 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Posts Letter to Shareholders

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued a letter to shareholders detailing the company’s vision under its new CEO, Brian Athaide. Among other highlights, the release discussed the company’s recent activities including the company’s retail first approach, strategic hires, expansion, exclusive licensing deals, entrance into international markets and TGOD’s organic differentiation. As an organic cannabis brand, the company remains committed to sustainability and reducing its carbon footprint by developing some of the most advanced, automated hybrid facilities in existence, helping produce the highest quality cannabis for the lowest cost. Per…

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ThursdayJul 05, 2018 12:32 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Selects Hygee as Brand Name of MSN-2 Medical Device

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced the brand name of its innovative MSN-2 medical device, a leading-edge STI self-sampling kit for women. To reflect the product’s dedication to women’s health, ETST has chosen the name Hygee, which is the French name for the Goddess of Health and the word for “hygiene” in Greek mythology. A pre-launch clinical study is currently being conducted in Québec, Canada with Clinique Santé Amitié in preparation for Hygee’s market introduction. “We are very pleased with the work that Absolu has…

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ThursdayJul 05, 2018 9:18 am

CBDNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Secures Agreement to Supply the Alberta Retail Cannabis Market

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products. Per the terms of the agreement, the company will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market scheduled to commence on October 17, 2018. "Signing the supply agreement with ABcann will enable the AGLC to ensure that adult-use customers in Alberta will have access to ABcann’s premium branded cannabis products,'' ABcann Global CEO Barry Fishman stated…

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MondayJul 02, 2018 9:30 am

CBDNewsBreaks – EVIO, Inc. (EVIO) Files Preliminary Non-Offering Prospectus with the Ontario Securities Commission

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has filed and obtained a receipt for its preliminary non-offering prospectus with the Ontario Securities Commission. Notably, this filing is required for EVIO to qualify in becoming a reporting issuer in Ontario, Canada. After the Ontario Securities Commission has completed its review and provided comments on the preliminary prospectus, EVIO is expected to proceed with filing its non-offering (final) prospectus with the commission. Per the update, when the company receives final receipt for this filing, it intends…

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MondayJul 02, 2018 9:24 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Names New CEO, Interim CFO

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced the resignation of CEO, Co-Chairman & Director, Robert Anderson, effective immediately, due to health concerns. The board has appointed the company’s current CFO, Brian Athaide, as CEO to ensure a well-ordered transition and continued execution of the company’s business strategy. The board appointed VP of Finance, Julia Golubovskaya, as interim CFO. Jeff Scott, presently actitng as Co-Chair, will undertake the role of Chairman of the Board. “I feel privileged to take on this new role as CEO and ensure the company delivers on…

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FridayJun 29, 2018 12:40 pm

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Closes Oversubscribed Private Placement

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the closing of its oversubscribed non-brokered private placement financing, which was previously detailed on April 9, 2018. Per the update, a total of 130,779,750 units were issued under the financing at a price of $0.05 per unit for total gross proceeds of more than $6.5 million. “I am very pleased to announce this oversubscribed placement due to investor demand in our financing and see this as a strong endorsement of the quality of our research programs and management team,” Stephen Van Deventer, chairman, CEO and…

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FridayJun 29, 2018 9:54 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Adds Three New Products to Full Spectrum CBD Chocolate Line

Innovative biotech company Earth Science Tech (OTC: ETST) this morning announced that it is expanding its full spectrum cannabinoid (“CBD”) chocolate line with three unique new products formulated with the company’s joint venture partner, Karmavore Superfoods. The new products, Raw Dark Chocolate Covered Mangoes, Raw Dark Chocolate Coconut Peppermint Cups, and Raw Dark Chocolate Caramelized Quinoa Crunch, bring the company’s total to five unique CBD Raw Chocolate flavors. Production of the new products is currently underway and ETST anticipates a successful launching within the third quarter of 2018. “Our joint venture with Karmavore Superfoods has been a true blessing. Brian…

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FridayJun 29, 2018 9:33 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Adds Prem Virmani as Chair of Beverage Science and Research Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that Prem Virmani, former senior vice president of global science and research for Cott Beverages, Inc., has been appointed Chair of TGOD’s Beverage Science and Research Division. Per the update, Virmani has over four decades of applicable industry experience, leading development in every major category, including the Sam’s Choice cola program for Walmart, the President’s Choice cola program for Loblaws and other major private label brands for Publix, Wegmans and Safeway. “I am delighted that Prem has joined the TGOD Leadership team,”…

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FridayJun 29, 2018 9:27 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files New Patent Application Following Breakthrough Discovery of Enhanced Drug Delivery to Brain Tissue

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has filed a new patent application with the United States Patent and Trademark Office ("USPTO") for innovation in treatment options related to central nervous system disease or disorders including viral infection, cancer, neurodegenerative disorders, ADHD, anxiety, depression, OCD, schizophrenia, Alzheimer's, Huntington's, Parkinson's, neuropathic pain and more. The company reached a breakthrough discovery during recent laboratory testing that demonstrated significantly enhanced drug delivery to brain tissue. Evidence from the study showed unexpected effectiveness in crossing the blood-brain barrier ("BBB") which Lexaria is investigating more extensively, leading to the company's…

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