Breaks Categories: News

WednesdayApr 04, 2018 10:06 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Announces Addition of SecurCapital Corp. Executives to BrickEX Advisory Board

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its SecurCapital Corp. supply chain finance subsidiary, this morning announced that SecurCapital CEO Stephen Russell and President Bill Rochfort have joined the advisory board of BrickEX, serving as advisors to the ICO founding team. Per the update, BrickEX is an open, decentralized real estate cryptocurrency exchange targeting the $217 trillion global real estate market. Leveraging blockchain technology, BrickEX tokens and innovative smart contracts, the BrickEX platform aggregates real estate listings online, allowing owners to seamlessly list and exchange real estate assets. “The BrickEX leadership team has already demonstrated blockchain and crypto…

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WednesdayApr 04, 2018 10:04 am

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Proprietary Green Platform Now Available to State-licensed Marijuana Establishments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning said that its banking and financial processing system is currently available to state-licensed marijuana establishments that can sign up via its website. The company’s Green platform is a proprietary, integrated payment solution for customers and licensed medical cannabis establishments. Green also delivers adherence to reporting systems to maintain merchant compliance as well as electronic security for both customers and merchants. “As we’ve stated in previous announcements, we continue to believe our best-in-class security, regulatory compliance and pricing give us a huge competitive advantage,” Medical Cannabis Payment Solutions CEO…

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WednesdayApr 04, 2018 9:26 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Posts Product Development Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning issued a corporate update regarding the progress of its bio-cannabis product pipeline. Per the update, a 1% CBD Oral Micelle Solution developed in Germany is set to market and the company has completed development of two topical creams that employ its patented formulation and delivery systems. Pivot anticipates that it will have numerous products available for sale in Canada on the date legalization officially begins. The company also expects to begin sales in California as of the third quarter 2018, including the launch of its proprietary…

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TuesdayApr 03, 2018 3:09 pm

CBDNewsBreaks – Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF) and CanniMed Therapeutics Inc. (TSX: CMED) Name Interim CEO of CanniMed

Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF), together with CanniMed Therapeutics Inc. (TSX: CMED), recently announced that Brent Zettl has resigned from his position as CEO of CanniMed. Andrċ Jérôme was appointed as interim CEO and Zettl will remain available to CanniMed and Aurora in an advisory capacity to assist during the integration period. This update comes as Aurora nears the completion of the acquisition of all the outstanding shares of CanniMed. "The integration of Aurora and CanniMed is well underway, and we anticipate updating the market frequently on developments as CanniMed is aligned with the Aurora Standard and expands…

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TuesdayApr 03, 2018 10:25 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

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TuesdayApr 03, 2018 10:20 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://cnw.fm/Tc2kN About SinglePoint, Inc. SinglePoint, Inc.…

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TuesdayApr 03, 2018 9:47 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

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MondayApr 02, 2018 9:35 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsoring Community-Facing Events in Kenya

PotNetwork Holding, Inc. (OTC: POTN), through wholly owned subsidiary Diamond CBD, Inc., this morning announced plans to kick off its African business development strategy by co-sponsoring, in tandem with affinity marketing partner Exponential Inc. (“XPO2”), a series of community-facing events in Kenya. Per the update, from April 17-27, Diamond CBD plans to contribute material support and resources toward community action projects taking place across the African nation. These projects include a reforestation effort in the Ngongs Hills, direct service endeavors at nonprofit organizations around Nairobi and a host of other charitable events near Mt. Kenya and other locations. These activities…

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ThursdayMar 29, 2018 10:09 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sets Launch Date for MTRAC Blockchain Payment Platform

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that on April 4th, 2018, its MoneyTrac Technology, Inc. subsidiary will be launching MTRAC, a full-service banking solution powered by GreenBox blockchain technology. As traditional banking services continue to be largely unavailable to businesses operating in the legal cannabis industry, MTRAC is able to deliver these services in addition to its distributed ledger technology that tracks and records each transaction. The official launch of MTRAC will enable businesses in the industry to process payments for their consumers, as well as send payments to their vendors, employees, and other business…

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ThursdayMar 29, 2018 10:05 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Arrival of First Cannabis Shipment at University of Queensland

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the arrival of the first shipment of dried cannabis flower and oils from Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) at the University of Queensland’s Pharmacy Australia Centre of Excellence. Per the news release, testing of the imported cannabis strains in the application of PreveCeutical’s Sol-gel drug delivery technology is now expected to commence. The impending Sol-gel program aims to develop a system that will increase the bioavailability of drugs through the use of an innovative nose-to-brain delivery platform. The company notes that Sol-gels could…

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