Breaks Categories: News

WednesdayFeb 14, 2018 9:58 am

CBDNewsBreaks – EVIO, Inc. (EVIO) Adds New Executives to Management Team; Reports Q1 2018 Financial Results

EVIO (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, has recently grown its top-tier management team by two former executives of Pfizer and Quest Diagnostics. The company’s recently appointed president Al Lustig fills the role of driving EVIO's growth in new and current markets through sales and operational strategies. As the recently appointed Vice President of Operations, Ron Russak will focus on scaling existing and new laboratory operations to increase growth and profitability. Additionally, EVIO this morning announced financial and operating results for the first quarter of…

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TuesdayFeb 13, 2018 11:15 am

CBDNewsBreaks – EVIO, Inc. (EVIO) CSO Dr. Anthony Smith to Present at Emerald Conference in San Diego

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced that Chief Science Officer Dr. Anthony Smith will be a featured presenter at the Emerald Conference on February 16, 2018. Smith’s presentation, titled ‘Cannabinoid Chromatography: Precision, Accuracy and the Industrialization of Potency Analysis’, will address the evolution of analytical testing through the lens of EVIO’s experience at its accredited labs across the U.S. The Emerald Conference is set to take place February 15-16 at the Hyatt Regency Mission Bay Spa and Marina in San…

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TuesdayFeb 13, 2018 10:45 am

CBDNewsBreaks – SinglePoint, Inc. (SING) and Smart Cannabis Corp. (SCNA) Expand Joint Venture

SinglePoint, Inc. (OTCQB: SING) and Smart Cannabis (OTC: SCNA) this morning announced the companies have expanded their joint venture agreement providing SinglePoint with the rights to sell Smart Cannabis' Smart by Design greenhouses. Per the terms of the agreement, SinglePoint will have an exclusive agreement on Smart Cannabis products sold and installed within Arizona, including the company's line of SMART by Design™ automated greenhouse systems and the soon-to-be-released "Track and Trace Software System." "We are excited about this opportunity. The company has some great connections in Arizona and some soft commitments on potentially purchasing some greenhouses from us. Additionally, we…

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TuesdayFeb 13, 2018 10:34 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Bolsters PotSaver Sales Team

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has expanded the sales team for its PotSaver brand in an effort to extend its reach beyond the San Diego market and into surrounding metro areas, including Los Angeles. PotSaver is focused on bolstering advertising opportunities and providing compliance services for operators in the newly-formed recreational cannabis markets of California. The company has strengthened its San Diego publication’s advertiser base in recent weeks following entry into an agreement with digital media platform operator EyeChronic.TV, and it expects to release its…

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TuesdayFeb 13, 2018 9:21 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 9:53 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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MondayFeb 12, 2018 9:21 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases Unaudited Financial Statements for FY2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced the release of its unaudited financial statements for fiscal year 2017. Owing to the rapid growth of its wholly-owned Diamond CBD, Inc. subsidiary, PotNetwork achieved revenues of $14.5 million in calendar 2017. Per the update, this trend of strong sales has continued into 2018, and the company intends to report its January sales figures by mid-February. PotNetwork also provided an update regarding its ongoing PCAOB audit in this morning’s news release. Due to factors beyond the company’s control, the audit has taken longer than originally projected. In an effort to combat these…

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ThursdayFeb 08, 2018 11:38 am

CBDNewsBreaks – SinglePoint, Inc. (SING) President Featured in Article Discussing Treasury Secretary’s Recent Cannabis Banking Comments

SinglePoint, Inc. (OTCQB: SING) President Wil Ralston was featured in an article posted earlier this week by Green Market Report examining Treasury Secretary Steve Mnuchin’s recent comments regarding the bankability of the cannabis industry. In an appearance before the House Financial Services Committee related to the Financial Stability Oversight Council’s (FSOC) annual report, Mnuchin stated, “We do want to find a solution to make sure that businesses that have large access to cash have a way to get them into a depository institution for it to be safe.” In response to this comment, Ralston stated, “This is a great step…

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ThursdayFeb 08, 2018 11:07 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Unveils Launch Date for Revamped Industrial Hemp CBD Products

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced the launch of its revamped industrial hemp cannabidiol (“CBD”) products. Per the update, the company’s highly anticipated High Grade Full Spectrum Cannabinoids – composed of European CO2, supercritical extracted, organically grown and unfiltered industrial hemp – will officially launch on February 13, 2018, alongside a corresponding marketing strategy, as detailed in early December 2017. Upon release of this product line, ETST will become one of the first companies to market its industrial hemp product as a Cannabinoid Complex instead of CBD, disclosing the milligrams of each cannabinoid. “Between…

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ThursdayFeb 08, 2018 10:21 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Pursuing Launch of Cannabis-Focused Cryptocurrency

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it is completing the final steps and required due diligence for the impending launch of a Regulation D, Rule 506(c) security offering centered around the company’s MTRAC-Token. MTRAC anticipates leveraging this new token as a critical resource for providing banking services throughout the emerging multi-billion dollar cannabis industry. Per the update, the cannabis-focused cryptocurrency is currently on pace to launch by the end of the first quarter of 2018. “The MTRAC-Token is something that I truly believe will be first of…

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