CannabisNewsBreaks

ThursdayNov 08, 2018 9:29 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Optimistic About the Future of Cannabis Banking as Sessions Resigns

SinglePoint (OTCQB: SING), a fully reporting technology company providing mobile payments, ancillary cannabis services and blockchain solutions, stated its optimism regarding the future of banking in the cannabis industry following the resignation of U.S. attorney general Jeff Sessions. SinglePoint is poised to take advantage of the opportunity to fill the need for a functional banking solution for the industry, as it currently handles traditional merchant processing for other businesses. “We are excited to see the possibility of what could happen with cannabis banking. This could present a major opportunity for SinglePoint to offer services we have been able to provide…

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WednesdayNov 07, 2018 1:50 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Continues to Grow International IP Portfolio

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is unwavering in its commitment to build its strategic intellectual property (“IP”) portfolio. Recently, LXRP was granted two new U.S. patents regarding cannabinoid-infused beverage compositions using its DehydraTECH ingestion technology platform. A recent article discussing the company reads, “LXRP has now filed a total of more than 50 patent applications across 10 current patent families. It is preparing applications for at least six more patents that will each form the basis for a separate patent family. It expects to file them before the end of this year, giving it management over a total of…

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WednesdayNov 07, 2018 1:16 pm

CBDNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Leveraging Canna Brands Portfolio to Enter Vertical Markets

Full-scope, premium cannabis company Green Hygienics Holdings (OTC: GRYN) recently acquired the Canna Brands Portfolio, which the company will utilize to advance its business model. GRYN intends to use the suite of products as a platform to introduce its existing portfolio into vertical markets. An article discussing the company’s acquisition reads, “The three core products include Cannagram, to be re-branded as Cannagram Services. It is a flagship platform that aims to extend brand awareness. Its advanced communications and financial services are designed to meet the rapidly changing needs of the cannabis industry. … Myijuana uses news, e-commerce and reviews in…

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WednesdayNov 07, 2018 10:08 am

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) to Host Q3 2018 Earnings Call to Review Financial Results, Discuss Corporate Updates

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) this morning announced its plans to host a conference call to review the company's financial results for the quarter ending September 30, 2018, provide an update on business trends and answer shareholder, analyst and interested-party questions. Youngevity's Chairman and CEO Steve Wallach and President and CFO Dave Briskie will lead the call to take place on Tuesday November 13, 2018 at 1:00 PM ET with YGYI releasing results earlier that day. The call will be recorded and available for replay shortly after its conclusion, and an archived replay will be available for…

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TuesdayNov 06, 2018 3:32 pm

CBDNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) to Utilize Unique Business Model in the Cannabis Space

Youngevity International (NASDAQ: YGYI) is a leading omni-direct lifestyle that employs a unique business model. An article discussing the company reads, “Youngevity offers a hybrid of the direct selling business model. This model encompasses person-to-person selling relationships, which consist of a “network of networks.” This model additionally offers e-commerce and the power of social selling. The company offers a host of consumer products and services. This includes its diverse gourmet boutique coffee blends from wholly-owned subsidiary CLR Roasters. CLR Roasters’ products are produced through a vertically integrated “farm-to-cup” pipeline. … Furthermore, Youngevity is in the process of entering the cannabis…

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TuesdayNov 06, 2018 2:47 pm

CBDNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Racks Up Achievements During October

The Flowr Corporation (TSX.V: FLWR), a vertically integrated Canadian cannabis company, aims to be the top supplier of premium, non-irradiated cannabis to the Canadian medicinal and recreational-use markets. An article discussing the FLWR’s recent achievements reads: “The Company, which began trading on the TSX Venture Exchange in late September, bucked industry trends by completely filling its purchase orders from three provinces before adult use legalization, launched a new cannabis brand in partnership with the team from Ace Hill Beer, broke ground on its first-of-its-kind R&D facility, and kicked off its medical sales program. … Throughout early October, Flowr announced it…

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TuesdayNov 06, 2018 1:53 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Developing a Full-spectrum CBD Beverage

Biotechnology company Earth Science Tech (OTCQB: ETST) recently tapped into a growing sector of the massive cannabis industry by commencing work on the formulation of a full-spectrum CBD beverage. A recent article discussing the company reads, “The cannabis beverages market is still in the initial stages of development, ETST President, Director and Chairman Nickolas S. Tabraue noted in a news release. With forecasts for exponential growth, Earth Science Tech is positioned for success in the years to come. … Earth Science Tech is a Florida-based biotechnology company that focuses on cannabis, CBD research, product development and the creation of medical…

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TuesdayNov 06, 2018 1:11 pm

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Sees Promising Future Following the Removal of CBD from Schedule 1 List of Controlled Substances

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a hemp-cultivated cannabinoid innovator, applauded the recent elimination of cannabidiol (“CBD”) from the DEA’s Schedule 1 list of controlled substances. A recent article discussing the company reads, “Recently, Phivida Holdings talked about the removal of cannabidiol (CBD) from the U.S. Drug Enforcement Administration’s Schedule 1 list of controlled substances. In a news release, Jim Bailey, president and chief executive officer of Phivida, said, ‘We see this reclassification of CBD in pharmaceuticals as a good sign that will bolster the growing awareness of CBD as a substance that delivers many benefits, and opens the door…

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TuesdayNov 06, 2018 11:00 am

CBDNewsBreaks – Global Payout, Inc.’s (GOHE) MTrac Team to Host Exhibit at Las Vegas MJBizCon

Global Payout, Inc. (OTC: GOHE), together with wholly owned subsidiary MTrac Tech Corp., this morning announced that its San Diego team is set to launch an exhibit at the Las Vegas MJBizCon 2018, the country’s largest annual cannabis convention. The Las Vegas Convention Center will host the event from November 14-16, bringing together major cannabis industry leaders and leading-edge ancillary businesses. Through the venue that expects over 1,000 vendors and 150 speakers, the MTrac team intends to showcase its payments platform to virtually the entire cannabis market. MTrac is widely considered to be the industry’s premier compliant card processor, as…

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TuesdayNov 06, 2018 10:51 am

CBDNewsBreaks – Sugarmade, Inc. (SGMD) to Reap the Rewards of Explosive Growth in the CBD Market

Hydroponics supply company Sugarmade (OTCQB: SGMD) is expanding in the rapidly growing cannabis industry through acquisitions, including a direct investment in hemp production. A recent article discussing the company reads, “Sugarmade is also positioned to benefit through a more direct investment in the cultivation of hemp for production of cannabidiol, or CBD, a compound with therapeutic benefits. Sugarmade recently committed a million-dollar investment in Hempistry, Inc., which is cultivating an ultra-high-CBD strain of hemp on 23,000 acres in Kentucky. The Hemp Business Journal has forecast that the U.S. market for hemp products will reach $1.9 billion by 2022, with $646…

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