Breaks Categories: News

TuesdayOct 30, 2018 10:27 am

CBDNewsBreaks – NUGL Inc. (NUGL) Expands Operations to Support Growing Digital Footprint

NUGL (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced expansion of its internal operations to support sales and marketing growth for the company, as well as the anticipated launch of NUGL Magazine. NUGL’s newly-created leadership positions include: LA Regional Sales Representative; National Sales Representative; and Online Digital Marketing Manager. In addition, five new consultants were added as part of the expansion in positions ranging from national advertising sales associates to internet traffic managers and national content contributors. “We are growing fast, and November is the month to start monetizing our growth. We are creating a massive…

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TuesdayOct 30, 2018 9:28 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Enters Final Stages of Audit; Begins Drafting Form 10

Global Payout (OTC: GOHE) in conjunction with its wholly owned subsidiary MTrac Tech Corp., this morning announced that it is in the final stages of its audit and has commenced drafting its Form 10. The company anticipates that its Form 10 will be filed within the next few weeks. The success of this objective signifies a key milestone for GOHE as it seeks to expand nationwide as a premier technology provider. “The completion of this audit has been a long time coming,” Global Payout CEO Vanessa Luna stated in the news release. “There were a number of challenges associated with…

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MondayOct 29, 2018 3:50 pm

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) Completes IPO; Begins Trading on the Canadian Securities Exchange

Plus Products (CSE: PLUS) has successfully completed its initial public offering (“IPO”) of 6,153,847 subordinate voting shares at a price of CAD $3.25 per share. The offering resulted in total gross proceeds to the company of CAD $20,000,002.75. Canaccord Genuity Corp., Haywood Securities Inc. and PI Financial Corp. acted as agents for the IPO. PLUS has granted the agents 297,784 non-transferrable share purchase warrants that are exercisable into one subordinate voting share in the capital of the company at the price of CAD $3.25 each for a period of 24 months. The agents also received a fee equal to 6%…

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MondayOct 29, 2018 12:26 pm

CBDNewsBreaks – American Premium Water Corp. (HIPH) and Canna Nano Enter Nano-Infused CBD Collaboration, Discuss Long-Term Partnership

American Premium Water Corp. (OTC: HIPH) this morning announced its entry into a strategic agreement with Canna Nano to produce and bring to market nano-infused cannabidiol (“CBD”) water. Under the agreement, the company will begin selling the product through all of its distribution channels. Additionally, HIPH and Canna Nano are participating in advanced discussions regarding a long-term partnership, as well as potential acquisition structures of Canna Nano by American Premium. HIPH CEO Ryan Fishoff stated in the news release, “Canna Nano has a robust distribution network across the country, and it will complement the geographic focus markets American Premium is…

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FridayOct 26, 2018 11:45 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expanding Portfolio to Include Cannabis Cultivation

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its intention to expand its business portfolio to include cannabis cultivation. The company has initiated its pre-acquisition due diligence process through the identification and analysis of prospective cultivation properties. NUGS believes this expansion will support growth of its current brand forward strategy and provide opportunities for vertical integration through its ability to produce and source products from the cultivation operation. Cannabis Strategic CEO Simon Yu stated in the news release, “We have identified several cannabis cultivation locations in California, and have started analyzing these for possible acquisition. Currently, the Cannabis Strategic Ventures…

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FridayOct 26, 2018 9:30 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Appoints CEO to Board of Directors; Engages Independent Trading Group, Inc.

The Flowr Corp. (TSX.V: FLWR), a Canadian Licensed Producer of premium cannabis products, has appointed the company’s CEO, Vinay Tolia, to its Board of Directors. Tolia will be replacing David Towill, who is stepping down from the company’s board effective October 26, 2018. In addition, FLWR has engaged Independent Trading Group Inc. (“ITG”) to provide market maintenance services in compliance with the guidelines of the TSX Venture Exchange and other relevant legislation. FLWR will pay CAD $5,000 per month to ITG during the period of the agreement, which will last a minimum of three months. The primary reason for the…

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ThursdayOct 25, 2018 10:47 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Details Definitive Agreement for TGOD Acquisition Corp. Spin-off

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), alongside wholly owned subsidiary TGOD Acquisition Corporation (“SpinCo”), this morning announced entry into a definitive agreement pursuant to which the company will move forward with the previously announced spin-off transaction, subject to the terms and conditions of the arrangement agreement. Per the update, TGOD will distribute to its shareholders unit purchase warrants of SpinCo by way of a court-approved plan of arrangement. Pursuant to the arrangement, TGOD shareholders of record as of the distribution date will receive 0.15 percent of one SpinCo Unit Warrant for…

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WednesdayOct 24, 2018 10:17 am

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) CEO Steve Wallach to Appear as Featured Speaker at Upcoming CBD Symposium

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) this morning announced its plans to participate in the November 6, 2018 CBD Symposium hosted by SUCCESS Partners and Direct Selling News. YGYI CEO Steve Wallach will be among the featured speakers at the premier industry-focused cannabidiol (“CBD”) event in Dallas, Texas. "We are pleased to participate in the upcoming CBD Symposium. Unquestionably, CBD has become the hottest topic in the direct-selling channel, and this event presents a prime opportunity for sharing information about CBD and how best to utilize the direct-selling business model in offering this transformative product to the public,"…

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WednesdayOct 24, 2018 9:27 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Subsidiary Hosts Successful First hempSMART South West Regional Event

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that on October 22, 2018, its wholly-owned hempSMART™ subsidiary held its successful first South West Regional Event for its associates in Carlsbad, California. Among other highlights, the event provided information concerning the company’s new platform rollout and compensation plan as well as a detailed discussion regarding product formulations and compliance. The event concluded with directions on how hempSMART associates could start their own personal business, network, and how to make the most of their commissions. “After months of hard work and development of our hempSMART brand…

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TuesdayOct 23, 2018 11:15 am

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Aiming High in Recreational Market with Clean, Radiation-Free Cannabis

The Flowr Corporation (TSX.V: FLWR), headquartered in Markham, Ontario with a Kelowna, British Columbia-based production facility, aims to stand out from other players in the legal cannabis industry with clean, radiation-free product. The company’s new 50,000 sq. ft. research and development facility is the result of an exclusive venture with Scotts Miracle-Gro Company (NYSE: SMG) subsidiary Hawthorne Gardening Company focused on gardening products and systems. An article published by The Growth Op describes the facility as “the birthplace of advanced cultivation techniques and systems,” with capabilities to grow clean, non-irradiated flower. Per the article, the company intends to release 80…

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