CannabisNewsBreaks

FridayFeb 15, 2019 9:44 am

CBDNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Welcomes Wahupta Ventures CEO to Advisory Team, Issues Corporate Update

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) today announced that it has welcomed Wahupta Ventures Inc. CEO Warren D. Cudney to its advisory team, and provided a corporate update and first quarter client financing rundown. Cudney is a recognized leader in corporate start-ups and speaker in the field of health and wellness, most recently specializing in the emerging North American and global hemp and CBD oil and isolate industry. Additionally, according to the update, Redfund Capital has extended funds to three cannabis companies in its first quarter, including RxMM Health, Mary’s Wellness Ltd. and Winterlife Inc. “Redfund Capital is…

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FridayFeb 15, 2019 9:25 am

CBDNewsBreaks – SinglePoint Inc. (SING) CEO Discusses Acquisition Activity on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally-syndicated and reviews money-focused topics, featuring in-depth CEO and executive interviews from various companies offering insights into their operations and future outlooks. In this week’s episode, SinglePoint CEO Greg Lambrecht provided an update regarding the company’s acquisition activity. “Because SinglePoint has put in the time, energy and money to become fully reporting, we are getting a lot of attention from investors,” SinglePoint CEO Greg Lambrecht stated in the interview. “Right now, we have three different acquisition deals that we…

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ThursdayFeb 14, 2019 3:43 pm

CBDNewsBreaks — Marijuana Company of America Inc. (MCOA) Targets Massive Wellness Industry with Branded CBD Products

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) is an umbrella company currently undergoing development to support a variety of portfolio companies operating within the cannabis and hemp industries. A recent article discussing the company reads, “The company provides turn-key services to the legal cannabis and hemp industries. Most of MCOA’s projects are involved in the cultivation and distribution of hemp-derived products. Its hempSMART subsidiary offers a line of industrial hemp-derived cannabidiol (CBD) products, which contain no THC. In addition, hempSMART offers the opportunity to distribute its products as part of its associate marketing model. In essence,…

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ThursdayFeb 14, 2019 3:02 pm

CBDNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Eyes Substantial Growth Opportunity amid Evolving Legislative Landscape

Green Hygienics Holdings (OTCQB: GRYN), a full-scope, premium cannabis company, is set to profit from the Agriculture Improvement Act of 2018 that was signed by President Donald Trump on December 20, 2018. The bill removes hemp from the controlled substances list, opening the market and permitting large-scale cultivation. A recent article discussing the company reads, “The new legislative landscape will provide significant growth opportunities for companies like Green Hygienics. As the market expands and the competition becomes fiercer than ever before, the method and the cost of cultivation will become two of the determinants for success. . . . Green…

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ThursdayFeb 14, 2019 11:11 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures Additional $4M in Purchase Orders, Expects More Than $55M in 2019 Revenue from Branded Products

Vertically integrated cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) today announced that it has secured an additional USD $4.0 million in purchase orders from select retail dispensaries in southern California for Sunniva branded cannabis products. This increases the total to USD $11.5 million in sales orders received to date for products to be sold in the first four months of 2019. Sunniva expects continued sales volume growth and, in 2019, estimates USD $55-$60 million in revenue from sales of its branded products in California, from those manufactured in its licensed extraction facility and through purchase of compliant third-party flower from…

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ThursdayFeb 14, 2019 9:59 am

CBDNewsBreaks – Golden Developing Solutions, Inc.’s (DVLP) Where’s Weed Platform Enters Partnership with One of Cannabis Industry’s Largest POS Systems – GreenBits

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced an agreement between its Where’s Weed division and GreenBits (www.GreenBits.com), one of the cannabis industry’s largest point-of-sale (“POS”) systems that has processed over $2.5 billion in cannabis transactions across twelve states. Per the update, the comprehensive partnership will enable Where’s Weed to gain access to the entire GreenBits POS system and network. “This is a powerhouse of synergy,” DVLP CEO Stavros Triant stated in the news release. “Where’s Weed is a rapidly expanding platform that just went nationwide in helping cannabis consumers…

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ThursdayFeb 14, 2019 9:26 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Posting Q3 Financial Results on Feb. 27

Cannabis-focused investment and operating firm Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) recently announced that it will report its third quarter fiscal 2019 financial results after markets close on February 27, 2019. The company’s unaudited condensed interim financial statements as well as management’s discussion and analysis for the three and nine months ended December 31, 2018 will be available on www.sedar.com and in the investors section of Canopy Rivers’ website. Additionally, financial results currently scheduled to be released by Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) on February 14, 2019 may contain preliminary financial information relating to Canopy Rivers. To view…

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WednesdayFeb 13, 2019 10:35 am

CBDNewsBreaks – Generation Alpha, Inc. (GNAL) Partners with Seinergy LLC to Offer Lighting Rebates for U.S. Cannabis Growers

Vertically integrated cannabis technology innovator manufacturer and distributor Generation Alpha (OTCQB: GNAL) this morning announced its partnership with Seinergy LLC, an indoor agriculture lighting rebate provider in the U.S. Per the update, the new relationship could provide customers potential cost reductions of up to 40 percent in rebates per light fixture. “As we introduce new products like our new B9 LED light system, we also look for business solutions for our customers,” Generation Alpha Chief Executive Officer Alan Lien commented in the news release. “Seinergy allows us to provide options that help our customers reduce costs and improve margins.” To…

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WednesdayFeb 13, 2019 10:13 am

CBDNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Enters Binding Agreement to Acquire Assets of Khrysos Global

Leading omni-direct lifestyle company Youngevity International Inc. (NASDAQ: YGYI) this morning announced its entry into a binding agreement to purchase all of the assets of Khrysos Global, a Florida-based manufacturer of hemp-based CBD extraction equipment. Per the update, this acquisition is intended 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. “I'm ecstatic about this purchase and what it signals for this moment in our company's history,” Dave Briskie, president and CFO of YGYI, stated in the news release. “The purchase of the assets of…

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WednesdayFeb 13, 2019 9:50 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Signs Distributor for Hygee(TM) in Vietnam; Releases CBD Product Launch Update

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) today announced a distribution agreement to market its Hygee(TM) medical device in Vietnam and provided an update on its CBD product line. According to the update, the company is nearing completion of its first commercial batch of Hygee and, for the next five years, Queen Concept Inc. will be the exclusive Hygee distributor in Vietnam with access to the stock needed for the Vietnamese market. In addition, the company announced the upcoming launch of three products, starting with the PropoDiol throat spray, a new formula developed as a joint venture with Laboratoire…

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