CannabisNewsBreaks

WednesdayAug 15, 2018 12:13 pm

CBDNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) and WeedMD Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE) Ink Definitive JV Agreement to Develop Cannabis Beverages Inc.

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), together with WeedMD (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE), this morning announced that the companies have signed a final definitive Joint Venture (“JV”) agreement to develop and operate Cannabis Beverages Inc. (“CanBev”). The strategic partnership positions CanBev as an early mover in the cannabis-infused beverage market, with each company retaining 50% each of the Class A shares in the new company. CanBev’s Board of Directors will be comprised of five individuals, two nominated by each company and one independent director. The partners have agreed to fund capital requirements of CanBev equally, beginning with initial…

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WednesdayAug 15, 2018 11:25 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks Licensing Agreement with Asterion Cannabis; Engages Monster Media to Provide IR Services

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed an agreement with Asterion Cannabis Inc. to acquire a worldwide license to use, manufacture, distribute and sell three Health Canada approved natural health products. Per the terms of the licensing agreement, Asterion has granted PreveCeutical a non-exclusive license to use Asterion's intellectual property to make or have made, use, distribute, sell, offer to sell and promote the products in exchange for a royalty fee payable to Asterion equaling 20% of the gross sales. The licensing agreement’s initial term is five years and…

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WednesdayAug 15, 2018 11:18 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Announces Initiation of Up-Listing Process

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced that it has initiated the up-listing process through the OTCQB Venture Market in anticipation of approval of its Form 10 registration statement. Per the update, when the SEC declares the company’s Form 10 registration statement effective, ETST will become a fully reporting company under the Securities Exchange Act of 1934, as amended. “We decided to initiate the up-listing process in anticipation of approval of our Form 10 Registration Statement, so the up-listing process would be partially completed when…

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WednesdayAug 15, 2018 10:39 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Acquires Fitamins CBD Brand, Distribution Network

Cannabis Strategic Ventures (OTC: NUGS) this morning announced that it has signed a definitive agreement to acquire the Fitamins CBD brand. Per the terms of the agreement, Fitamins will distribute its vitamin and hemp derived CBD formulations to its network of 600+ wholesalers catered to the Asian-American market. Fitamins will also produce a proprietary CBD product as part of Cannabis Strategic’s brand portfolio, primarily targeting the United States’ distribution networks first and ultimately growing into other Asian markets that have legalized CBD products. “We have selected Fitamins because of its substantial distribution network and because of the import/export and marketing…

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WednesdayAug 15, 2018 10:21 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Signs Premier San Diego Dispensary to MTrac Payment Platform

Global Payout, Inc. (OTC: GOHE) this morning announced that it has successfully signed and commenced implementing one of San Diego’s premier dispensaries, The Healing Center (THC), and expects to go live with MTrac by the end of this week. Per the update, the MTrac team has already held its first training session with the THC staff and will remain on site to promote MTrac and engage the THC client base directly. “We are experiencing a very strong momentum in our local market based on our team’s incredible effort to get our message out to the industry,” Aaron Adler, CRO of…

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WednesdayAug 15, 2018 9:29 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Filing of Second Quarter Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced the filing of its financial and operational results for the second quarter of fiscal 2018 ended June 30, 2018. Among the highlights, the company successfully completed a record-breaking initial public offering on the Toronto Stock Exchange, raising gross proceeds of $132 million; expanded its shareholder base from 4,000 to over 20,000; and continued to make strong progress on the construction of its facilities in Ancaster, Ontario, and Valleyfield, Quebec. “We are pleased with the accomplishments we have made in such a short…

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TuesdayAug 14, 2018 9:59 am

CBDNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Subsidiary Starts Production of Halo Filters

Cannabis Strategic Ventures (OTC: NUGS) this morning announced that its wholly-owned subsidiary, Pure Applied Sciences, has commenced production of its Halo Filters. Based on an internally developed filtering technology, Halo Filters are a patent pending, cannabis smoke filtration pre-rolled cone. The filters lower the levels of harmful chemicals, heavy metals and other toxins, while preserving ideal taste and cannabinoid levels. "We're extremely pleased with the progress of Halo Filters and excited for the upcoming product launch. Our teams have been working very hard to get the product to market," Cannabis Strategic CEO Simon Yu stated in the news release. "Consumers…

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TuesdayAug 14, 2018 9:35 am

CBDNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) Announces Appointment of Chief Customer Officer

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) this morning announced its appointment of Joel Mallard as its new chief customer officer (CCO). Per the update, Mallard will assume the position effective August 20, 2018, and will be tasked with building and leading VIVO’s sales teams and strategy across all markets moving forward. Mallard brings more than 20 years of sales, marketing and innovation experience to the VIVO team, having previously held senior roles at Diageo and News Corp. Notably, he also boasts over 13 years of experience in leadership roles in the alcoholic beverage industry. “Joel is a welcome addition…

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MondayAug 13, 2018 3:03 pm

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Holds Diverse Portfolio of Business Segments

Marijuana Company of America (OTC: MCOA) serves the legal cannabis and industrial hemp industries by providing a wide range of products and services. An article discussing the company reads: “The company’s business model includes a diverse portfolio of interactive business segments. MCOA’s portfolio includes hempSMART™, its New Brunswick hemp project, joint venture entity Covered Bridge Acres Ltd. and an ownership stake in MoneyTrac Technology, Inc. … MCOA’s hempSMART™ is committed to the development of industrial hemp-derived cannabidiol (CBD) nutritional products. hempSMART sells products via affiliate marketing and is developing a network of independently driven business owners to distribute hempSMART products.…

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MondayAug 13, 2018 12:13 pm

CBDNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Opening Floodgates for Pending Launch of Disruptive Platform

BLOCKStrain Technology (TSX.V: DNAX) is reaching key milestones in the on-boarding of Licensed Producers (“LPs”) and testing partners for use of its disruptive seed-to-sale platform. Speaking of the strategic accomplishment, Chief Technology Officer Tommy Stephenson states, “Getting the on-boarding process protocols completed was mission critical. This milestone opens the floodgates for the whole ecosystem we have designed. BLOCKStrain’s partners – LPs, testing facilities, labs – can now quickly and efficiently link into our integrated platform without disturbing their core business processes.” To view the full article, visit http://cnw.fm/8uPfX About BLOCKStrain Technology Corp. BLOCKStrain Technology Corp. has developed the first integrated…

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