Breaks Categories: News

TuesdayJun 19, 2018 10:55 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Approaching Launch of Blockchain-Powered Payment Solution at San Diego Dispensary

Global Payout, Inc. (OTC: GOHE), through wholly owned subsidiary MTRAC Tech Corp., this morning announced that it has commenced integration of its blockchain-powered payment solution into its first merchant location. Per the update, the MTRAC kiosk was initially installed at ManKind, a San Diego-based dispensary, on June 15, and Global Payout intends to dedicate the next few days toward “integrating the cashless payment platform and prepping the new client for their initial launch.” The company expects full launch of the newly-integrated system to occur on June 25. “Getting our first client up and running marks a monumental week here at…

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TuesdayJun 19, 2018 10:39 am

CBDNewsBreaks – Marijuana Company of America Inc.’s (MCOA) hempSMART Brand Launches New CBD-Infused Moisturizer

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that the company’s hempSMART™ brand has launched its groundbreaking new cosmetic product, hempSMART™ Face. The newly developed topical product is formulated with 150mg of full spectrum, non-psychoactive Cannabidiol (“CBD”) oil derived from the industrial hemp plant. hempSMART™ Face is a facial moisturizer designed to refresh, replenish, and restore skin cells using a combination of CBD oil and a unique blend of ayurvedic herbs and botanicals. “Our team is excited to announce the expansion of the hempSMART™ brand into the world of cosmetic products. HempSMART™ will continue…

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TuesdayJun 19, 2018 10:13 am

CBDNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Surpasses 15,000 Active Patients

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly owned subsidiary Harvest Medicine Inc., this morning announced that it has surpassed 15,000 active patients in under 18 months of operation. “Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” Shekhar Parmar, CEO of Harvest Medicine, stated in the news release. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.” Per the update, Harvest Medicine, one of Canada’s…

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TuesdayJun 19, 2018 9:26 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Launches Marketing Program, Attains Multiple Customers in California

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its portfolio investee company, ezGreen Compliance, has launched a pilot marketing program and has attained multiple customers across the State of California. ezGreen Compliance is providing these customers, consisting of licensed medical dispensaries and cultivators, with its advanced enterprise compliance and point-of-sale (“POS”) software solution. The pilot program customers are currently using ezGreen’s Health Insurance Portability and Accountability Act (“HIPAA”) Compliance POS Solution and inventory tracking system. The system enables users to comply with both the HIPAA and State Laws…

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TuesdayJun 19, 2018 9:26 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Secures 10 More Cannabis Retail Opportunities in Alberta and British Columbia

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional seven cannabis retail locations in Alberta, as well as three additional retail licenses in British Columbia. To date, the company has secured 25 cannabis leases in highly strategic and secure locations throughout Alberta and 10 retail opportunities in British Columbia. “This is a significant step towards establishing Choom's strategy to be a leading private cannabis retailer in Canada,” Chris Bogart, president and CEO of Choom, stated in the news release. “Market share and customer acquisition in…

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MondayJun 18, 2018 3:10 pm

CBDNewsBreaks – EVIO, Inc. (EVIO) Announces EVIO Canada’s Scheduled Exhibit with Keystone Labs Inc. at the International Cannabis Business Conference

EVIO (OTCQB: EVIO) today announced that EVIO Canada, which serves as the parent company for the company’s Canadian operations, will be exhibiting along with Keystone Labs Inc. at the International Cannabis Business Conference (“ICBC”) taking place in Vancouver on June 24 – 25. EVIO Canada acquired 50% of Keystone Labs in April 2018. "The rollout of Canada's recreational program will lead to a new community of cannabis adopters and an increase in demand for high quality, clean products. Through this merger, we are better equipped to meet the demand for testing," EVIO CEO William Waldrop stated in the news release.…

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MondayJun 18, 2018 12:27 pm

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Engages NetworkNewsWire for Corporate Communications Solutions

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) this morning announced that it has engaged the corporate communications expertise of NetworkNewsWire ("NNW"). FinCanna is a royalty company with a primary focus on the flourishing California cannabis market. The company leverages its broad investment expertise and industry experience to bring value to its shareholders and portfolio companies. As part of the Client-Partner relationship with FinCanna Capital Corp., NNW will employ its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs and other outreach tools to produce greater brand awareness for the company. To view the full…

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MondayJun 18, 2018 10:18 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Files Form 10 to Become Fully Reporting

SinglePoint, Inc. (OTCQB: SING) this morning announced the successful completion and filing of the company’s Form 10 Registration Statement with the Securities and Exchange Commission. This marks a significant achievement for the company by helping to establish credibility in the investment community. “We are ecstatic to have this completed and filed. We feel it really sets the company up for future successes. It’s a great foundational block to be fully reporting and provide the level of transparency to everyone that may become involved with the company. We believe that his level of transparency can accelerate our potential growth,” SinglePoint president…

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MondayJun 18, 2018 9:31 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Closes Okanagan Falls Property Purchase

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that its wholly-owned subsidiary, Sunniva Medical Inc. ("SMI"), has closed the purchase of a 126-acre industrial zoned property in Okanagan Falls, BC. The Sunniva Canada Campus, a facility designed to be a 740,000 sq. ft. Good Manufacturing Practice ("cGMP") compliant greenhouse, will be located on the newly purchased property. The total consideration of $7 million for the purchase is comprised of a $3.5 million cash payment with the remainder paid through a vendor take back mortgage financing ("VTBMF").  The VTBMF is for a one-year term with an…

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MondayJun 18, 2018 9:30 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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