CannabisNewsBreaks

ThursdayFeb 21, 2019 11:43 am

CBDNewsBreaks – Earth Science Tech, Inc.’s (ETST) Sponsored Foundation Achieves Non-Profit Status to Advance Cannabinoid Research

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) this morning announced that its sponsored foundation, Earth Science Foundation, Inc., is now a 501(c)(3) organization. Per the update, the non-profit status enables the foundation to accept tax-free contributions to fund further studies of cannabidiol (“CBD”) products. The foundation, as of February 11, 2019, is officially exempt from federal income tax under Internal Revenue Code (“IRC”) Section 501(c)(3) and is qualified to receive tax deductible bequests, devises, transfers or gifts under Section 2055, 2106, or 2522. The status enables donors to deduct contributions they make to the foundation under IRC Section 170.…

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ThursdayFeb 21, 2019 10:58 am

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Featured in B-TV Interview to Discuss Leading Position in California Edibles Space

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founders, Jake Heimark and Justin “Crunchy” Gwin were featured on Business TV (“B-TV”), a half-hour weekly investment show profiling emerging market leaders. In the recorded interview, Heimark and Gwin provide an insightful perspective on how Plus Products earned recognition as California’s leading cannabis edibles company. “This has been a tremendous year for Plus Products, and we are proud of what we have accomplished. Producing the best infused products at scale requires thoughtful collaboration between many different experts in our company, and a constant focus on…

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ThursdayFeb 21, 2019 10:08 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Releases Additional Significant Findings of its DehydraTECH(TM) Powered TurboCBD(TM) Capsules

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced additional significant findings of TurboCBD(TM), the company's proprietary, DehydraTECH(TM) powered, cannabidiol (''CBD'') fortified hemp-oil capsule upon completion of further data analyses from its 2018 randomized, placebo-controlled, double-blinded European human clinical study. According to the update, a single 90mg dose of TurboCBD as compared to the same dose of generic CBD provided evidence of lower blood pressure, higher blood flow to the brain, faster delivery onset and larger quantities of CBD into the bloodstream. The study revealed key metabolic and hemodynamic performance findings linked to bioavailability…

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ThursdayFeb 21, 2019 9:31 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Expands Advisory Agreement with Wahupta Ventures to Include up to $1M Investment

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) today announced an expansion of its current advisory agreement with Wahupta Ventures Inc. to include new financing. According to the update, Redfund Capital has agreed to invest up to $1,000,000 into Wahupta Ventures Inc., with proceeds intended to assist in building its extensive and growing Canadian hemp footprint. Headquartered in Canada and the U.S., with offices in Winnipeg Manitoba, Vancouver, British Columbia, and Orange County, California, Wahupta has positioned to be a hemp industry leader from farm to table with CBD and hemp products through strategic joint ventures, partnerships, and acquisitions.  The…

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WednesdayFeb 20, 2019 12:01 pm

CBDNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Uplists to the Toronto Stock Exchange

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently commenced trading on the Toronto Stock Exchange (“TSX”) under ticker symbols FIRE and FIRE.DB. An article further discussing SPRWF reads, “This move is designed to support the company’s strategy of targeting premium brands, leverage its coast-to-coast distribution in Canada and aid in its expansion into the international cannabis market. The company will also focus on generating sustainable growth. The company’s common shares and senior unsecured convertible debentures due in 2021 were voluntarily delisted from the TSX Venture Exchange when trading began on the TSX.” To view the full article, visit…

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WednesdayFeb 20, 2019 10:53 am

CBDNewsBreaks – Golden Developing Solutions Inc. (DVLP) Finalizes Lease Agreement for CBD Processing and Distillate Facility

Golden Developing Solutions Inc. (OTC: DVLP), an emerging leader in the cannabis, hemp and CBD marketplace, this morning announced the finalization of a lease agreement for its new, state-of-the-art CBD processing and distillate facility. Per the update, the company will take full possession of the property, located in Centennial, Colorado, on March 1. “If there is a ‘capital of cannabis’ in the US, Centennial may be it,” Stavros Triant, CEO of DVLP, stated in the news release. “We are extremely comfortable with the location and see the surrounding community as enthusiastically supportive to our interests. The property is perfect. Period.…

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WednesdayFeb 20, 2019 10:29 am

CBDNewsBreaks – SinglePoint Inc. (SING) Inks LOI to Raise up to $12M

Technology and investment company SinglePoint (OTCQB: SING) today announced that it has signed a letter of intent (“LOI”) to raise up to $12,000,000. The capital, which comes on advantageous terms to SING, is only available at the company’s discretion. SING is currently negotiating final terms and will file a registration statement with the SEC upon execution of the agreement.  “The goal for SinglePoint is to raise capital at the best terms we can in order to capitalize on the host of opportunities we have in the hemp derived CBD space. We are already filling multiple orders and will be able…

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WednesdayFeb 20, 2019 9:27 am

CBDNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Secures $3M Investment to Fast-track Corporate Expansion

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles-based cannabis industry incubator, this morning announced that it has secured an investment of up to $3 million from TRITON FUNDS successive to an upcoming S1 registration statement. This investment will enable NUGS to accelerate its business endeavors regarding cannabis cultivation operations in California as well as the development of current portfolio brands. “Cannabis Strategic Ventures is proud to partner with TRITON FUNDS, an organization with a mission that is closely aligned with ours, and who sees the potential of the larger cannabis industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the…

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TuesdayFeb 19, 2019 1:36 pm

CBDNewsBreaks – Earth Science Tech Inc. (ETST) Displays Hygee at Arab Health 2019

Earth Science Tech (OTCQB: ETST), an innovative biotechnology company, recently displayed its leading-edge medical device Hygee(TM) at Arab Health 2019, the biggest annual medical trade fair in the Middle East and North Africa (“MENA”) region (http://cnw.fm/zG2k1). The company aims to introduce its Hygee medical testing kit during the first half of 2019. A recent article discussing the company reads, “ETST has formed a strategic partnership for Hygee’s manufacture with Dermagate, a company that specializes in the production of dermatology and wound-care products. Gaétan Houle, president of Dermagate, represented ETST at Arab Health 2019 and was accompanied by an eight-company delegation…

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TuesdayFeb 19, 2019 12:01 pm

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Completes Acquisition to Establish Khrysos Industries as Global Player in Field-to-Finish Hemp-CBD Oil, Isolate, and Distillate Market

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) today announced that it has completed closing of the acquisition of the assets of Khrysos Global –a Tampa, Florida manufacturer of hemp-based CBD extraction equipment. According to the update, the acquisition intends to establish YGYI's newly formed wholly-owned subsidiary, Khrysos Industries, Inc, as a global player in the field-to-finish hemp-CBD oil, isolate, and distillate market. The move further gives YGYI ownership of INX Laboratories and its testing facilities, enabling the company with unprecedented capabilities in the formulation, quality control and testing standards of its CBD products. “We set out a plan to…

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