CannabisNewsBreaks

WednesdayJan 16, 2019 9:21 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces CBD Biotechnology’s Official Launch of Hemp Wine in China

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, today announced that CBD Biotechnology Co. Ltd., its wholly owned foreign enterprise, officially launched its first self-branded rice wine alcohol product, Hemp Wine. Designed specifically for the global Chinese wellness market, Hemp Wine is a proprietary blend made from carefully chosen ingredients including hemp and ginseng. Gift sets will be immediately offered off-line, with an official online sales launch to follow shortly. The product is manufactured by Guangxi Bama Young Health Longevity Products Co., Ltd., a wholly-owned subsidiary of the…

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TuesdayJan 15, 2019 12:54 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Subsidiary Enters Definitive Investment Agreement with Altria Ventures Inc.

Drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced that its wholly-owned subsidiary Lexaria Nicotine LLC has executed a definitive agreement with Altria Ventures Inc., an indirect wholly owned subsidiary of Altria Group, Inc. (NYSE: MO), to pursue innovation in oral, reduced risk nicotine consumer products using Lexaria's patented DehydraTECH™ technology. In exchange for a minority equity interest in Lexaria Nicotine and DehydraTECH™ license rights for oral nicotine delivery forms on an exclusive basis in the US and a non-exclusive basis elsewhere globally, Altria will fund a milestone-based research & development ("R&D") program to be executed by…

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TuesdayJan 15, 2019 12:15 pm

CBDNewsBreaks – Cannabis Strategic Ventures Inc.’s (NUGS) Fitamins CBD Brand Tackles Sports-related Pain

Cannabis Strategic Ventures (OTC: NUGS) is providing a way for athletes to improve their health and relieve joint and muscle pain through Fitamins, a proprietary health and wellness formula comprised of 25 mg of hemp-derived, THC-free CBD in addition to other joint-supporting vitamins. A recent article discussing the company reads, “NUGS acquired the Fitamins CBD brand in August 2018 (http://cnw.fm/kR7z0). Products under the brand consist of vitamin and hemp-derived CBD formulations, which will be distributed through Fitamins’ network of 600+ wholesalers catering to the Asian-American market. The agreement between the companies calls for Fitamins to produce a proprietary CBD product as…

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MondayJan 14, 2019 11:10 am

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Enters Exclusive Joint-Marketing/Development Agreement with Icelandic Glacial

Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) today announced that it will add Icelandic Glacial – The Purest Tasting Water on Earth – to its growing, multifaceted lineup of health, wellness and food and beverage lifestyle brands through its entry into an exclusive sales and marketing agreement. Under the agreement, Youngevity and Icelandic Glacial will form a three-year, exclusive cross-marketing partnership that will include packaging the super-premium spring water from Iceland with various Youngevity products, such as its 90 For Life supplements. The partners will work exclusively with one another as joint development partners to create new products,…

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MondayJan 14, 2019 10:23 am

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Highlights Results of Key Banking Launch, Eyes Growth and Expansion

Medical Cannabis Payment Solutions (OTC: REFG) this morning provided an update on its 2018 activities and its strategic direction for 2019, reviewing results from the successful launch of its proprietary cannabis banking solution. According to the update, the Go! platform provides REFG with a key first-mover advantage, as it is believed to be the first cannabis-focused payment solution available across all states with legalized cannabis. Its launch formed the first revenue-generating stream for the company, and over 150 applications and dozens of new accounts for banking have opened since achieving commercialization last quarter. "Our corporate mantra has always been compliance,…

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MondayJan 14, 2019 9:45 am

CBDNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in Greenhouse Juice Company

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its investment in Greenhouse Juice Company, a dynamic plant-based food and beverage company. Per the update, Canopy Rivers has committed $9 million in a convertible debt financing package that includes secured and unsecured debt, warrant coverage and board representation rights. Greenhouse is expected to leverage proceeds from this financing to supplement its national expansion and initiatives for the development of natural health and wellness beverages infused with cannabidiol. “As a plant-based health and wellness brand, Greenhouse is excited to continue our mission by expanding across…

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FridayJan 11, 2019 12:39 pm

CBDNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reinforces its Position in the California Edibles Space through Acquisition

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) recently reported the completion of the acquisition of GOOD CO-OP Inc., a California-based cannabis-infused baked goods brand. A recent article discussing the company reads, “This acquisition is expected to enable Plus to solidify its top position in the edibles field (http://cnw.fm/hNsP3). … The acquisition is valued at approximately C$2.03 million and will be satisfied through the issuance of 357,464 restricted subordinate voting shares of Plus. … Currently, Plus ranks as the leading edibles brand in California, and its primary focus is within one of the largest edibles categories – gummies.…

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FridayJan 11, 2019 9:53 am

CBDNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses CBD Legalization’s Impact to Business 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 internationally-syndicated program reviews money-focused topics, featuring in-depth CEO and executive interviews from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program to discuss the legalization of CBD and its significant impact on business. “We have a lot of opportunities for investment and a lot of opportunities for acquisitions in the CBD market, and that is really going to be our focus in 2019,” SinglePoint CEO Greg Lambrecht stated in the interview.…

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ThursdayJan 10, 2019 11:23 am

CBDNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Closes IPO Generating $2.2M in Gross Proceeds

TransCanna Holdings (CSE: TCAN) announced the January 8, 2019 completion of its initial public offering (“IPO”) of 4,400,000 units, issued at a price of $0.50 per unit, which generated aggregate gross proceeds of $2,200,000 pursuant to a December 10, 2018 prospectus. Each unit is comprised of one TransCanna common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $1 per share until January 8, 2020, under the condition that if the price of the shares on the Canadian Securities Exchange ("CSE") closes at or above $1.50 for…

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ThursdayJan 10, 2019 10:43 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Begin POS Integrations to Drive Paradigm Shifts, Mass Market Adoption

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. this morning announced the release of its system’s API for the purpose of integration with some of the cannabis industry’s leading point of sale (“POS”) companies. Per the update, the MTrac team has engaged several POS companies to discuss integration initiatives over the last few months. Integration will enable these companies, responsible for daily uploads of seed to sale tracking data into each state’s regulatory portal, to add card processing to their systems, merging inventory management and payment processing into one solution. “Since our initial launch in October,…

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