Breaks Categories: News

ThursdayJan 18, 2018 1:31 pm

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces JV Agreement with Crypto Value Management System, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has entered a joint venture partnership with Crypto Value Management System, LLC (“CVMS”), a Delaware-based company that has secured an exclusive California license for a cryptocurrency exchange platform. Per the update, this platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of market sectors, including the rapidly expanding cannabis industry. “Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit…

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ThursdayJan 18, 2018 12:13 pm

CBDNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Signs Definitive Agreement for Tokyo Smoke Merger

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced the signing of a definitive business combination agreement with TS Brandco Holdings Inc. (“Tokyo Smoke”), pursuant to which DOJA will acquire all of the issued and outstanding securities of Tokyo Smoke by way of a three-cornered amalgamation. Per the update, closing of the merger is expected to occur on or about January 30, 2018. Upon completion of the merger, DOJA is expected to change its name to Hiku Brands Company Ltd., creating “the first brand and retail-focused, craft cannabis producer, with a portfolio of highly…

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ThursdayJan 18, 2018 11:09 am

CBDNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Receives Import License from Australia

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly-owned subsidiary ABcann Australia Pty Ltd., this morning announced that it has received an import license from the Federal Office of Drug Control in Australia. Following receipt of necessary approvals, including approval from the TSX Venture Exchange, ABcann intends to supply medicinal cannabis to the Australian market via the Australian Department of Health’s Therapeutic Goods Administration (“TGA”) Special Access Scheme. “This import license is a key milestone towards generating revenue through ABcann’s network of physicians, pharmacists and patients, and advancing the use of medical cannabis,” Barry Fishman, chief executive officer of ABcann,…

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TuesdayJan 16, 2018 1:05 pm

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Audit Nearing Completion

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it has been updated with a report noting that its audit is nearing completion, with finalization expected by the end of this month. In anticipation of this milestone, PotNetwork is preparing for its Regulation A filing, which the company expects will allow for its uplisting to the OTCQB Venture Market, offering greater visibility before a larger group of qualified investors. “Our commitment to transparency involves keeping our investors fully informed,” Rick Goulding, CEO of PotNetwork, stated in the news release. “Although the process is time consuming, we believe that this will…

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TuesdayJan 16, 2018 12:10 pm

CBDNewsBreaks – Grey Cloak Tech, Inc. (GRCK) to List Canbiola, Inc. Products on CBD.co Marketplace

Grey Cloak Tech, Inc. (OTCQB: GRCK) this morning announced its entry into a strategic partnership with Canbiola, Inc. (OTC: CANB) related to the listing of Canbiola's products on Grey Cloak’s CBD.co marketplace. To kick off the relationship, Grey Cloak CEO Patrick Stiles interviewed Marco Alfonsi, CEO of Canbiola, and Dr. Robert Kornfield, medical advisory board member, regarding the partnership and Canbiola’s portfolio of products. The interviews, which are part of CBD.co’s new CBD TV initiative, are available for review at http://cnw.fm/2u6Iz. “Canbiola is the exact type of brand we want on the CBD.co marketplace,” Stiles stated in the news release.…

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TuesdayJan 16, 2018 11:37 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Announces Launch of SecurCapital Corp. Subsidiary

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the launch of a newly-formed subsidiary focused on logistics supply chain finance. Per the update, SecurCapital Corp. will focus on introducing a disruptive ‘one-click solution’ to FINTECH services in the underserved supply chain finance marketplace, which is currently valued at roughly $800 billion globally. “Clearly, there has been a monumental transformation influenced by FINTECH, Blockchain and alternative banking options within the global payment landscape,” James Hancock, CEO of Global Payout, stated in the news release. “Traditional financial institutions are not positioned to serve global logistics payment requirements for secure…

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ThursdayJan 11, 2018 11:31 am

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Announces Launch of hempSMART™ Pain Cream

Marijuana Company of America, Inc. (OTC: MCOA), through wholly owned subsidiary hempSMART™, Inc., this morning announced the launch of hempSMART Pain Cream. Per the update, each bottle of hempSMART Pain Cream is formulated with 300mg of full spectrum non-psychoactive cannabidiol derived from industrial hemp. Utilizing a proprietary blend of Ayurvedic herbs, menthol, cayenne pepper extract, rosemary oil, aloe gel, white willow bark, arnica, wintergreen extract and tea tree oil, hempSMART Pain Cream provides what the company calls an immediate cooling and soothing sensation. “We are excited to announce the expansion of our hempSMART personal care product line to include pain…

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ThursdayJan 11, 2018 10:50 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Outlines Plans for Cannabis-Focused Token Offering

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that, by way of a variety of key strategic partnerships established in recent months, it has effectively positioned itself to move forward with the co-launch of its regulatory compliant token offering. Expected to launch in the first quarter of 2018, the token will be aimed at offering businesses in the booming cannabis industry an effective, decentralized payment system in an effort to combat the market’s longstanding payment restrictions. “MoneyTrac's primary objective has been, and will continue to be, to serve the legitimate…

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ThursdayJan 11, 2018 10:18 am

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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WednesdayJan 10, 2018 11:57 am

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group Announce Results from First Phase of Industrial Hemp Project

Marijuana Company of America, Inc. (OTC: MCOA), alongside Global Hemp Group, Inc. (OTC: GBHPF) (CSE: GHG), this morning released a final report summarizing the first phase of the two companies’ industrial hemp project in New Brunswick, Canada. Per the update, the partners successfully cultivated industrial hemp during the 2017 growing season in an effort to ensure that the plant could be productive under New Brunswick growing conditions. In preparation for proposed changes to Canadian legislation that will permit cannabidiol extraction from industrial hemp, the partners have now turned their attention toward the next season of crops, with a minimum of…

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