Breaks Categories: News

WednesdayFeb 21, 2018 9:35 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Inks LOI with ORHub, Inc. (ORHB) to Launch Healthcare Blockchain Platform

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning said that it has signed a Letter of Intent (“LOI”) with ORHub, Inc. (OTC: ORHB) to develop a blockchain services platform for health care applications. Per the agreement, ORhub will engage SinglePoint for up to $750,000 in initial development costs. “With the commitment from ORHub to fund the project, we are in a strong position to design, develop and execute on the solution. As part of this collaboration and broader corporate initiatives in the blockchain market, we are aggressively establishing working relationships with key blockchain engineers,” SinglePoint President Wil Ralston stated…

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WednesdayFeb 21, 2018 9:28 am

CBDNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Issues Corporate Update Detailing Q1 2018 Milestones

Emerging-stage pharmaceutical and IP development company Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) this morning issued an official corporate update on its achievements, related scientific activities and growth strategies for the first quarter of fiscal 2018. Highlights include the company’s ongoing search for prospective office and research lab space on the campus of the University of British Columbia, its subsidiary’s progress toward the commencement of human trials in Puerto Rico studying lead cannabis strain CTL-X for pain management, its reception of a Health Canada dealer license through subsidiary Cannevert Therapeutics Ltd. (“CTL”) and CTL’s initiation of a cancer…

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TuesdayFeb 20, 2018 11:56 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) MTRAC Subsidiary Names New Director of Business Development

Global Payout, Inc. (OTC: GOHE) this morning announced that its Money Trac Technology, Inc. ("MTRAC") subsidiary has appointed Jason Leblanc as its new Director of Business Development to help MTRAC manage its growth in the already successful and industrious 2018. Leblanc holds a Bachelor of Science in business finance and has 13 years of experience working as the regional director for First Legal Network, a multi-million firm with presence across western US. “I am ecstatic to welcome LeBlanc to MTRAC. I have worked with him in the past, and I know he possesses a wealth of skills and resources that…

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TuesdayFeb 20, 2018 11:08 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Presenting at CHAMPS Trade Show

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it is exhibiting its 2018 product line at the 37th CHAMPS Trade Show taking place at the Las Vegas Convention Center from February 19-21. CHAMPS Trade Shows are widely recognized among the largest and most trusted international counter-culture trade shows in the world. Diamond CBD’s exhibit is located at booth 2249 and includes information on its recently-unveiled Meds BioTech product line. Per the update, past CHAMPS trade shows have been “highly successful” for Diamond CBD in terms of generating both publicity and sales. To view…

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TuesdayFeb 20, 2018 9:56 am

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Expands hempSMART™ Line with Full Spectrum Pet Drops

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the release of hempSMART™ Full Spectrum Pet Drops, a natural product line formulated with 250mg of full spectrum non-psychoactive cannabidiol (“CBD”) derived from industrial hemp. Per the update, in addition to naturally-occurring CBD, the specially-formulated product contains full spectrum hemp extract, fractionated coconut oil and a rich bacon flavor. “Our new hempSMART product is a natural option for pet owners who care about supporting their animals’ healthy energy levels as well as optimizing their health,” Donald Steinberg, CEO of MCOA, stated in the news release. “Our…

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TuesdayFeb 20, 2018 9:22 am

CBDNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Preparing for Planned Q1 Takeover of Cannevert Therapeutics

Emerging-stage pharmaceutical and IP development company Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), alongside research arm Cannevert Therapeutics Ltd., this morning announced that it is in the process of obtaining a fairness opinion from Davidson & Company LLP of Vancouver, Canada, regarding Veritas’ planned acquisition of the remaining 20 percent of Cannevert in the first quarter of 2018. Per the update, a fairness opinion is defined as “any written communication containing a conclusion as to the fairness of a proposed transaction to security holders, from a financial point of view.” Davidson & Company is expected to perform this…

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ThursdayFeb 15, 2018 10:33 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizes JV Agreement with GreenBox POS, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has finalized a JV agreement with equity and exclusivity in sales and marketing with GreenBox POS, LLC (“GBOX”), a company leveraging blockchain technology to develop customized payment solutions for various industries. Per the terms of the agreement, MTRAC will serve as a strategic sales and marketing resource to GBOX in exchange for marketing rights to GBOX services in the U.S., Canada and Mexico. MTRAC intends to launch GBOX services in April, and the company believes that these marketing rights could…

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ThursdayFeb 15, 2018 9:30 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Launches New Product Line

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced the successful launch of a new product line, Meds BioTech, which effectively expands the company’s marketing reach into health-focused distribution channels such as vitamin shops, health product stores, gyms, chiropractic offices and physician offices. “We have designed this new product line, Meds BioTech, to appeal to health-conscious consumers and health-focused distribution channels, while adding under this new brand such new formulations as 'CBD & Turmeric' capsules,” Dr. Richard Goulding, CEO of PotNetwork, stated in the news release. “By creating these specially-designed products formulated and packaged to…

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WednesdayFeb 14, 2018 11:01 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters LOI for Two-Year Financial Services Engagement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its SecurCapital Corp. subsidiary, this morning announced that it has received an official Letter of Intent (“LOI”) from a global contractor in Virginia. Per the terms of the LOI, SecurCapital will provide the customer with supply chain financial services globally throughout a two-year engagement. “Due diligence is concluded and indicative of a potential funding opportunity by the end of February when transactions will begin,” Stephen Russell, CEO of SecurCapital, stated in the news release. “What is significant about this revenue event is that it is a function of an innovative approach…

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WednesdayFeb 14, 2018 10:03 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Releases Shareholder Update Detailing OTCQB Uplisting

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning released a shareholder update on its recent uplisting to the OTCQB Venture Market, offering insight into the company’s current objectives and its recent addition of a key board member to help guide its technology initiatives. Notably, a requirement of SinglePoint’s move to the OTCQB was to add an additional board member. The company selected F5 Networks Senior Vice President Venugopal Aravamudan for the role. Aravamudan brings more than 25 years of technology sector experience to the SinglePoint team, having played a significant role in the growth and development of companies such…

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