CannabisNewsBreaks

FridayDec 21, 2018 9:56 am

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Positioned for Opportunity with Passage of Farm Bill

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced its optimism with recent passage of the 2018 Farm Bill. Under the bill, the industrial hemp plant and its extracts, including Cannabidiol (“CBD”), containing less than 0.3 percent of THC, will no longer be labeled as a Schedule 1 Drug and will be made a legal commodity, enabling U.S. cultivation and distribution subject to compliance with Farm Bill provisions and associated federal and state regulations and licensing. Per the update, the Brightfield Group’s Hemp CBD Report of 2018 projects that, with passage of the Farm Bill,…

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FridayDec 21, 2018 9:27 am

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Applauds the Passing of the 2018 Farm Bill; Appoints New Member to Board of Directors

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) recently commented on the successful passing of the 2018 Farm Bill. The bill removes hemp from the Controlled Substances Act, enabling the commercial cultivation and production of industrial hemp in the United States. “The passing of the 2018 Farm Bill clarifies hemp production and will bolster the growing acceptance of hemp-derived products containing CBD,” Phivida Holdings President and CEO Jim Bailey stated in the news release. “In particular, we expect it will have a positive impact on both of our Vida+ brand (www.HempVidaPlus.com) and Oki lifestyle brand of beverages, tinctures and…

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ThursdayDec 20, 2018 3:35 pm

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Reaches Key Milestones Throughout 2018

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a Cannabis-focused research and development company, detailed several of the accomplishments it has achieved throughout 2018 in recent company updates and announcements. An article discussing the company’s successes reads, “Through the year, the company continued constructing its Hamilton, Ontario, and Valleyfield, Quebec, facilities. In the third quarter of 2018 alone, TGOD deployed $33 million in capital expenditure for this purpose. The company has also focused on optimizing commercial cultivation at its operational facility in Hamilton. The development of five new strains for placement on both the medical and the recreational markets…

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ThursdayDec 20, 2018 3:27 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Providing Accessible, Safe Banking Option to Licensed Cannabis Companies

Medical Cannabis Payment Solutions (OTC: REFG) is offering licensed cannabis providers a solution to their banking needs with ‘Go!’, an end-to-end payment processing system. A recent article discussing the company reads, “Due to federal regulations, traditional banks are often unwilling to provide full services to the cannabis industry. REFG, on the other hand, is able to provide legal banking and secure payment processing while remaining compliant to ever-changing federal regulations. The company believes that the solution to success is being transparent and complying with regulations rather than working around them. Now averaging 60 million transactions per month along with one…

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ThursdayDec 20, 2018 2:58 pm

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary Drives Revenue Growth through Green Coffee Distribution, Private-label Roasting

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, primarily operates within the direct selling and coffee industries. A recent article discussing the company reads, “Regarding the coffee industry, Youngevity International has its wholly owned subsidiary, CLR Roasters. It is driving coffee revenue growth via green coffee distribution and private-label roasting. It is also driving growth through the sales of owned brands. Brands include Cafe La Rica and Josie’s Java House, as well as retail and food service brands. Supporting Youngevity’s coffee strategy is the company’s coffee plantation and modern dry-processing facility in Matagalpa, Nicaragua (http://cnw.fm/sg9VI). The 1,000 acres under…

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ThursdayDec 20, 2018 2:22 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Aims to Cut Costs with In-House R&D Laboratory

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) recently submitted a Health Canada research application for a license that will permit in-house research in its new Kelowna-based research and development (“R&D”) laboratory. Construction of the new lab, which will be located within Lexaria’s new head office, is anticipated to be completed by the end of January 2019. A recent article further discussing LXRP reads, “Having the work done in-house will help expand the work schedule and reduce costs and development timelines. The company is currently recruiting new staff as it prepares for an increase in…

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ThursdayDec 20, 2018 10:51 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expands Independent Board and Executive Team to Prepare for OTCQB Uplisting, New Portfolio Brands and Acquisitions

Cannabis Strategic Ventures (OTC: NUGS) this morning announced the expansion of its independent board of directors and executive team in preparation to uplist to the OTCQB Venture Market Place and expand its portfolio with additional brands and assets. Expansion of NUGS’ independent board of directors is among the final key pieces for OTCQB uplisting. New appointments include the following: SEC attorney Tad Mailander and Jesus Quintero, current CFO of MassRoots, have been appointed to the company’s independent board of directors; Chris Young has been assigned as chief strategy officer; and Arlene Guzman is named as the company’s vice president of…

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ThursdayDec 20, 2018 10:20 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Takes Advantage of Farm Bill, Signs New Chief Sales Officer to Head Cannabinoid Sector Team

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) this morning announced its plans to take advantage of the new Farm Bill, which is set to legalize U.S. hemp cultivation and hemp-derived CBD and other products, with appointment of David Barbash as its chief sales officer beginning in 2019. Barbash is a results-driven sales and marketing professional and a proven negotiator, manager and motivator with than 20 years of experience in new business development. “It’s an incredibly exciting time at ETST, and I am very thankful to be heading up the team that is going to lead the way in the…

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ThursdayDec 20, 2018 10:16 am

CBDNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Launches WheresCBD.Com as Part of Hemp and CBD-Related Products Strategy

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced the expansion of its hemp and CBD strategy with the launch of a its new products portal, www.WheresCBD.com. The new site will aggregate nationwide CBD products for consumers searching for high-end hemp oil and CBD isolates and mirrors DVLP’s popular WheresWeed.com website and cannabis services hub. “Where’s Weed has been a home run for us since we made the move and acquired the leading cannabis and hemp community hub several months ago,” DVLP CEO Stavros Triant stated in the news release. “We…

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ThursdayDec 20, 2018 9:41 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Provides Video Discussing 2018 Farm Bill and Its Opportunity-Driving Potential for SingleSeed Subsidiary

Technology and investment company SinglePoint (OTCQB: SING) this morning announced its publication of a video (http://cnw.fm/UjRl5) that discusses the 2018 Farm Bill. According to the update, SING management believes that the reclassification of hemp may be a big driver for its SingleSeed subsidiary, which provides a variety of hemp-based CBD products, from tinctures to waters, at SingleSeed.com. To view the full press release, visit http://cnw.fm/Jzy3j About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments,…

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