Breaks Categories: News

ThursdayNov 08, 2018 12:38 pm

CBDNewsBreaks – Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Details Plans for Cannabis Device-Focused Subsidiary

Progressive medical device technology company Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) recently detailed its plans to incorporate a 100 percent wholly owned subsidiary to hold device-related technology for the application or use of medicinal or recreational marijuana, including its previously-detailed pain relief device and all related intellectual property. Per the update, Therma Bright has reviewed several device delivery systems for cannabis in recent weeks, as well as personal home growing systems in the wake of Canada’s mid-October legalization of recreational cannabis. The company’s management team expects to review these devices and shortlist the top acquisition opportunities after completion of…

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ThursdayNov 08, 2018 9:29 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Optimistic About the Future of Cannabis Banking as Sessions Resigns

SinglePoint (OTCQB: SING), a fully reporting technology company providing mobile payments, ancillary cannabis services and blockchain solutions, stated its optimism regarding the future of banking in the cannabis industry following the resignation of U.S. attorney general Jeff Sessions. SinglePoint is poised to take advantage of the opportunity to fill the need for a functional banking solution for the industry, as it currently handles traditional merchant processing for other businesses. “We are excited to see the possibility of what could happen with cannabis banking. This could present a major opportunity for SinglePoint to offer services we have been able to provide…

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WednesdayNov 07, 2018 10:08 am

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) to Host Q3 2018 Earnings Call to Review Financial Results, Discuss Corporate Updates

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) this morning announced its plans to host a conference call to review the company's financial results for the quarter ending September 30, 2018, provide an update on business trends and answer shareholder, analyst and interested-party questions. Youngevity's Chairman and CEO Steve Wallach and President and CFO Dave Briskie will lead the call to take place on Tuesday November 13, 2018 at 1:00 PM ET with YGYI releasing results earlier that day. The call will be recorded and available for replay shortly after its conclusion, and an archived replay will be available for…

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TuesdayNov 06, 2018 11:00 am

CBDNewsBreaks – Global Payout, Inc.’s (GOHE) MTrac Team to Host Exhibit at Las Vegas MJBizCon

Global Payout, Inc. (OTC: GOHE), together with wholly owned subsidiary MTrac Tech Corp., this morning announced that its San Diego team is set to launch an exhibit at the Las Vegas MJBizCon 2018, the country’s largest annual cannabis convention. The Las Vegas Convention Center will host the event from November 14-16, bringing together major cannabis industry leaders and leading-edge ancillary businesses. Through the venue that expects over 1,000 vendors and 150 speakers, the MTrac team intends to showcase its payments platform to virtually the entire cannabis market. MTrac is widely considered to be the industry’s premier compliant card processor, as…

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TuesdayNov 06, 2018 10:31 am

CBDNewsBreaks – Marijuana Company of America Inc.’s (MCOA) hempSMART Teams with ‘As Seen on TV’ to Launch Pet Product Ad Campaign

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning announced the pending launch of a direct response television ad campaign in a strategic partnership between its wholly owned subsidiary, hempSMART, and asseenontv.pro (“ASONTV”). Set to release in early November 2018, the television commercial campaign will promote MCOA’s hempSMART Full Spectrum Pet Drops. The drops are formulated with 250mg of non-psychoactive hemp derived cannabidiol (“CBD”) oil, and the campaign will promote hempSMART’s Pet Drops as an all-natural alternative to traditional products in the marketplace. The 60-second TV ad campaign will air in select regions across the…

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TuesdayNov 06, 2018 10:07 am

CBDNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Issues LOI to Acquire Cannabis Dispensary POS Advertising Company

Golden Developing Solutions (OTC: DVLP) today announced that it has issued Letter of Intent (“LOI”) to acquire a quickly expanding cannabis dispensary Point-of-Sale (“POS”) advertising player in a restricted stock and cash deal valued on a pre-acquisition basis of more than $4 million. “We believe the lion’s share of investment returns for the farmers has already been made. The next phase will be a new strategic landscape in the cannabis sector defined by falling cannabis prices and massive growth in consumer and B2B services as mainstream public adoption accelerates in North America,” Golden Developing Solutions CEO Stavros Triant stated in…

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MondayNov 05, 2018 3:06 pm

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Funds Winterlife Inc.

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has signed a promissory note to fund Winterlife Inc. including the premier launch of its new CBD and hemp-based product line, WinterlifeCBD. The WinterlifeCBD product line is free of THC and is entirely organic, vegan and gluten free. The line is comprised of gourmet cookies, tinctures and capsules manufactured in Washington State. The companies inked a two-year term convertible secured promissory note for CAD $1,000,000 at an annual interest rate of 14%. Redfund holds the option to convert the note at any time during the term. Additionally,…

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MondayNov 05, 2018 11:37 am

CBDNewsBreaks – American Premium Water Corp. (HIPH) Appoints CEO as Interim Chairman

American Premium Water (OTC: HIPH) this morning announced that CEO Ryan Fishoff has been appointed as Interim Chairman, effective November 2, 2018. “I am extremely honored to have the additional responsibility of Interim Chairman. When I was given the opportunity to take over as CEO last year, the board believed in my vision for this company. Over the past year I have been able to implement a lot of that vision, and I am looking forward for the upcoming year to continue to grow and achieve the goals that I have outlined as the company continues to transform and get…

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MondayNov 05, 2018 10:43 am

CBDNewsBreaks – Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB) Increases Investment in Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF)

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), together with Aurora Cannabis Inc. (TSX: ACB) (NYSE: ACB), this morning announced that the companies have completed a non-brokered private placement of a debenture in the principal amount of $20,000,000 in Choom by Aurora, convertible into common shares of Choom at a conversion price of $1.25 per share, with a four year maturity date. The unsecured convertible debenture is subject to a minimum conversion amount of $5,000,000. Following the expiration of the hold period, if the volume weighted average trading price ("VWAP") of the common shares on the CSE…

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FridayNov 02, 2018 12:20 pm

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Receives Speculative Buy Rating, $5 Price Target from Clarus Securities

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, is making a name for itself in the booming cannabis sector. FLWR was recently covered in a research report by Clarus Securities, which was then highlighted in a recent article published by CantechLetter.com, titled ‘The Flowr Corporation could be a big winner in the cannabis space, Clarus Securities says’. The research report describes the company as “one of the very few Canadian licensed producers of cannabis with experience in successfully scaling indoor cultivation of premium product.” Clarus Securities…

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