CannabisNewsBreaks

WednesdayAug 22, 2018 9:37 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Acquisition of The Asher House Pet CBD Brand

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced its acquisition of The Asher House Pet CBD brand, including a line of U.S. hemp-derived cannabidiol (CBD) supplements for pets, from The Asher House LLC. “Through the Asher House acquisition, Cannabis Strategic continues to expand its already diverse portfolio of Cannabis focus brands and service offerings,” Simon Yu, CEO of Cannabis Strategic, stated in the news release. “At Cannabis Strategic, we believe that investing in people is as important as investing in industry-leading products and technologies… Lee and Luke's passion for pet adoption and pet wellness is one of the key…

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WednesdayAug 22, 2018 9:29 am

CBDNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1M Capital Tranche to Refined Resin Technologies

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced the second tranche of capital, $1 million, to its investee company Refined Resin Technologies Inc. Refined Resin is using the series of tranches to implement its three-phase development strategy to operationalize its legally zoned, state-of-the-art medical cannabis extraction laboratory. Presently, Refined Resin has placed deposits and has funds in reserve to purchase all the essential equipment to start production once installed. The extraction facility is anticipated to be in commercial operation by late 2018 or early 2019.…

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TuesdayAug 21, 2018 2:45 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Aims to Increase Footprint, Reach Corporate Objectives through Advisory Board Additions

Medical Cannabis Payment Solutions (OTC: REFG) is a payment processor and industrial hemp grower with plans to operate a mobile hemp CBD extraction lab. The company recently named a new member to its advisory board and believes the move will expand the company’s footprint and help reach its corporate objectives. A recent article discussing the new addition reads: “Medical Cannabis Payment Solutions (OTC: REFG) is intensifying its focus on cannabis by adding to its advisory board another prominent political figure from a state in which medical marijuana has been legalized, namely Mike Haridopolos, former president of the Florida State Senate.…

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TuesdayAug 21, 2018 2:40 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Repositions Line of Full-spectrum CBD Offerings

Biotechnology company Earth Science Tech (OTC: ETST) is positioning itself to reach a larger audience through its association with AATAC, an advisory board that focuses on convenience stores. The company is anticipating the launch of its three new CBD-based patent formulas, chocolate-covered mangoes, chocolate coconut peppermint cups and chocolate caramelized quinoa crunch, for the third quarter of 2018. A recent article discussing the company reads: “With these highly anticipated new products on the horizon, Earth Science is also focusing on making its products more available to consumers. The company recently signed agreements with AATAC to offer Earth Science’s CBD products…

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TuesdayAug 21, 2018 10:32 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Update on New Brunswick Joint Venture

Marijuana Company of America Inc. (OTC: MCOA), along with joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF), this morning issued an update on its CBD hemp farming joint venture in New Brunswick, Canada. The goal of the hemp project is, in part, to produce hemp biomass that can be used for the extraction of cannabinoids. In anticipation of Canada’s implementation of the Cannabis Act on October 17, 2018, which will allow for the processing of the entire hemp plant, MCOA and Global Hemp Group have commenced preparation work at the 4,000 sq. ft. Bathurst facility to facilitate…

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TuesdayAug 21, 2018 10:29 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Definitive Agreement to Acquire HemPoland

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding shares of HemPoland in an immediately accretive cash and share transaction. HemPoland is a European manufacturer and marketer of premium organic CBD oils. In addition to providing the company with a route into the European market, this strategic acquisition gives TGOD access to HemPoland’s immense distribution network, premium Cannabigold brand and advanced hemp oil extraction technologies. The acquisition cost is comprised of $7.75 million in cash and…

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TuesdayAug 21, 2018 9:55 am

CBDNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) Announces Agreement to Supply Cannabis Products in Ontario

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) this morning announced that it has completed an agreement with the Ontario Cannabis Store (“OCS”) to supply the province with high-quality cannabis products. Per the update, VIVO is expected to supply the Ontario market with a total of 16 cannabis products to meet anticipated demand in the adult-use recreational cannabis sector, which is set to open on October 17, 2018. “The agreement with OCS is a significant milestone and we are confident that cannabis consumers in Ontario will appreciate our high-quality branded products,” Barry Fishman, CEO of VIVO, stated in the news release.…

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TuesdayAug 21, 2018 9:29 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Reaches Fully Reporting Status; Posts Q2 Financial Results

SinglePoint (OTCQB: SING) this morning announced that it has achieved fully reporting status by filing Form 10-12G. The company also reported year-over-year progresses for the second quarter and six months ended June 30, 2018. The company reported a revenue increase of almost 100% from the second quarter of 2017 to the second quarter of 2018. The company attributes its revenue of over $500,000 during the first six months of 2018 primarily to numerous positive acquisitions. SinglePoint aims to continue fast-tracking revenue growth through strategic acquisitions and anticipates further organic growth. “As a fully reporting company, I believe we will have…

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MondayAug 20, 2018 9:41 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Launch of Direct Selling Initiative through CBD Biotechnology Co. Ltd.

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced that its wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., has launched a two-tier direct selling initiative to accelerate its CBD sales into China. The company also announced its appointment of marketing expert Fengxian Xie as president of its CBD Community Center in Shanghai, effective immediately. Per the update, the goal of the CBD Community Center initiative is to establish a new, effective marketing channel to further stimulate demand for CBD Biotech’s innovative CBD-infused skin care products. “I am honored to have been chosen to…

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MondayAug 20, 2018 9:27 am

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Awarded DTC and CNS Eligibility for US-Listed Shares

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) this morning announced that it has been awarded Depository Trust Company (DTC) and Continuous-Net-Settlement (CNS) eligibility for its common shares listed on the OTCQX® Best Market. Per the update, the DTC manages the electronic clearing and settlement agency serving publicly traded companies in the U.S., providing an electronic method of clearing securities that speeds up the receipt of stock and cash while accelerating the settlement process. CNS, on the other hand, is an automated book-entry accounting system that aims to centralize the settlement of security transactions while maintaining an orderly flow of security…

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