Breaks Categories: News

WednesdayJan 31, 2018 2:58 pm

CBDNewsBreaks – Organigram Holdings, Inc. (TSX.V: OGI) (OTCQB: OGRMF) Closes $115M Convertible Debenture Offering

Organigram Holdings (TSX.V: OGI) (OTCQB: OGRMF) this morning said that is has closed its short form prospectus offering of convertible unsecured debentures of the company on a bought deal basis, including the full exercise of the over-allotment option. A total of 115,000 convertible debentures were sold during the offering at a price of $1,000 each, resulting in gross proceeds of $115,000,000 to the company. Organigram intends to use the proceeds from the offering to support the strengthening of its stance within the Canadian and global cannabis markets. The securities have not been and will not be offered or sold within…

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WednesdayJan 31, 2018 11:14 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Exhibiting at TPE 2018

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its Diamond CBD subsidiary is exhibiting at the Tobacco Plus Expo 2018, a “must-attend” show for retailers, distributors and wholesalers serving the tobacco and vapor industries that’s currently underway in Las Vegas. Diamond CBD is showcasing at Booth 8126, and its management team will be on hand in an effort to broaden the company’s prospective audience. PotNetwork also provided an update on its ongoing audit process in this morning’s release. “We plan to complete our unaudited financials for 2017 and expect to have them posted early. We anticipate within the next…

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WednesdayJan 31, 2018 11:04 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) MTRAC Subsidiary Announces Potential Partnership with POS Company

Shares of Global Payout (OTC: GOHE) are up 13% after the payment solutions company this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”) is in the final stage of discussions for a partnership with a leading POS Company. The POS company currently offers businesses in various industries an end-to-end suite of technology services. MoneyTrac’s management team is assured they will work effectively through the terms of the partnership which MTRAC CEO Vanessa Luna, described as “The final piece to a very robust puzzle offering a full suite of financial services to multiple high-risk credit industries.” To view…

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TuesdayJan 30, 2018 1:50 pm

CBDNewsBreaks – DOJA Cannabis Company (CSE: DOJA) (OTC: DJACF) Closes Merger with Tokyo Smoke, Launches Hiku Brands

DOJA Cannabis Company (CSE: DOJA) (OTC: DJACF) and Tokyo Smoke, a trademark and brand of TS Brandco Holdings, have successfully completed the previously announced merger of the two companies to create Hiku, Canada’s first retail and brand-focused licensed cannabis producer. Hiku has established a substantial national retail footprint and a growing portfolio of premium cannabis lifestyle brands including DOJA, Tokyo Smoke and Van der Pop. Common shares of Hiku are anticipated to begin trading on the Canadian Stock Exchange under the ticker symbol HIKU on January 31, 2018. To view the full press release, visit http://cnw.fm/ve5Iw About DOJA Cannabis Company…

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TuesdayJan 30, 2018 1:02 pm

CBDNewsBreaks – AV1 Group, Inc. (AVOP) Names New Strategic Corporate Advisor

Investment and holding company AV1 Group, Inc. (OTC: AVOP) this morning announced its engagement of Jon Fortune as its new strategic corporate advisor. Fortune brings more than 15 years of energy industry experience to the AV1 Group team. “We welcome Jon to our team,” Bryen Beglinger, CEO of AV1 Group, stated in the news release. “He has a wealth of experience and with his expertise in renewable energy, he will be a significant asset. He has a number of contacts in the industry that he is already working with on co-development opportunities, solutions and building customer relationships for our LED…

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TuesdayJan 30, 2018 12:32 pm

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Highlighted in SeeThruEquity Research Report

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it, along with subsidiary Diamond CBD, was highlighted in a recent comprehensive research report from SeeThruEquity. In addition to summarizing industry statistics and PotNetwork’s recent corporate milestones, the research report set an updated price target of $1.25 on the company’s shares. SeeThruEquity attributed this increase to PotNetwork’s strong monthly sales data and 3Q17 filings, which indicate “continued profitability as the company invests in growth.” PotNetwork previously announced preliminary 2017E sales estimates of $14.5 million and, per the SeeThruEquity report, is well-positioned to meet or exceed its 2018E estimate. “It is very…

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TuesdayJan 30, 2018 11:11 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Participate in International Fintech and Blockchain Conferences

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning released the upcoming schedule of its logistics supply chain finance subsidiary, SecurCapital Corp., related to its participation in industry leading fintech and blockchain conferences in China, the United Kingdom and the United States. The company intends to participate in a number of upcoming events, including the Global Fintech & Blockchain Conference taking place April 12-13 in Shanghai, China; MIT Fintech taking place March 10-11 in Cambridge, Massachusetts; the LendIt Fintech Conference scheduled for April 9-11 at the Moscone Center in San Francisco, California; and the London Fintech World Forum set…

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MondayJan 29, 2018 9:46 am

CBDNewsBreaks – EVIO, Inc. (EVIO) Appoints New Vice President of Operations

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 its appointment of Ron Russak as its new vice president of operations. Per the update, Russak joins EVIO from a 17-year career at Quest Diagnostics where, as regional director, he had operational responsibility for 529 patient service centers and 228 inter-office phlebotomy sites throughout the western United States. “After an exhaustive search, we knew immediately that Ron was the right fit for EVIO,” Lori Glauser, co-founder and COO of EVIO, stated in the news…

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MondayJan 29, 2018 9:17 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail…

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FridayJan 26, 2018 1:00 pm

CBDNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses New National Ad Campaign in Interview on MoneyTV

Specialized holding company SinglePoint, Inc. (OTC: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht and the company’s spokesman Kevin Harrington, an original Shark Tank member, announced a new national ad campaign. The new ad will demonstrate to viewers how to download coins to their virtual wallet. The company’s innovative platform offers its users a compatible wallet to store any type of cryptocurrency. Singlepoint expects to launch the ad campaign in the first…

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