CannabisNewsBreaks

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,…

Continue Reading

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,…

Continue Reading

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…

Continue Reading

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.…

Continue Reading

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.…

Continue Reading

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…

Continue Reading

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,…

Continue Reading

ThursdayJan 10, 2019 10:24 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Eyes Opportunity in 2019, Highlights Company Initiatives and Acquisitions

Technology and investment company SinglePoint (OTCQB: SING) this morning provided insight into the company’s direction, intended acquisition plans and previous successful acquisitions it has completed to date. According to the update, the company has achieved major success in its industrial hemp CBD related initiatives, with its subsidiary SingleSeed.com receiving a steady increased volume of orders expected to be a key factor in driving increased revenue in 2019. The company is optimizing its site with different landing pages and utilizing tools such a heat maps and A/B testing to target enhanced visitor experience and increased conversion of site visits. SingleSeed continues…

Continue Reading

ThursdayJan 10, 2019 9:50 am

CBDNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Scio, Oregon Hemp Project Ramped Up for Clone Production, Expanded Growing Season

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) its Joint Venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) announced this morning that clone production at their Scio, Oregon High Yielding CBD Hemp project is in high gear for the 2019 season. The partners are preparing for an “as early as possible” planting this year with preparations underway for planting of this year’s crop to begin in late May to early June, providing an additional 45 to 60 days of growing time compared to last year. This expanded timeframe will allow the hemp plants…

Continue Reading

WednesdayJan 09, 2019 3:04 pm

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Sees Promising Future for CBD Division as Laws Change Globally

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, is passionate about the role it is playing within the cannabis industry as laws continue change globally, according to the company’s CEO Warren Wang. A recent article further discussing the company reads, “Wang expressed excitement at being a part of expanding reach into the global industrial hemp industry. The company’s ties to the Asian consumer market are strong, and, with South Korea becoming the first East Asian country to legalize marijuana for medical purposes, Wang is hopeful that Thailand will…

Continue Reading