CannabisNewsBreaks

FridayJun 29, 2018 12:40 pm

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Closes Oversubscribed Private Placement

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the closing of its oversubscribed non-brokered private placement financing, which was previously detailed on April 9, 2018. Per the update, a total of 130,779,750 units were issued under the financing at a price of $0.05 per unit for total gross proceeds of more than $6.5 million. “I am very pleased to announce this oversubscribed placement due to investor demand in our financing and see this as a strong endorsement of the quality of our research programs and management team,” Stephen Van Deventer, chairman, CEO and…

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FridayJun 29, 2018 12:25 pm

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Actively Targets Cannabis Market in California

Vertically integrated cannabis company Sunniva’s (CSE: SNN) (OTCQX: SNNVF) core subsidiaries and licensed tenant cultivators are gearing up to supply the multibillion dollar recreational and medical cannabis industries in California. A recent article discussing the company’s unique technology reads: “Sunniva CEO Dr. Anthony Holler notes that the company has received all temporary state licenses required in California. Sunniva’s U.S. subsidiaries hold eight 10,000 square foot cultivation licenses, two manufacturing licenses, one 22,000 square foot cultivation license, one 22,000 square foot nursery license and one 10,000 square foot nursery license. Another seven 22,000 square foot cultivation bays will be leased to…

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FridayJun 29, 2018 9:54 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Adds Three New Products to Full Spectrum CBD Chocolate Line

Innovative biotech company Earth Science Tech (OTC: ETST) this morning announced that it is expanding its full spectrum cannabinoid (“CBD”) chocolate line with three unique new products formulated with the company’s joint venture partner, Karmavore Superfoods. The new products, Raw Dark Chocolate Covered Mangoes, Raw Dark Chocolate Coconut Peppermint Cups, and Raw Dark Chocolate Caramelized Quinoa Crunch, bring the company’s total to five unique CBD Raw Chocolate flavors. Production of the new products is currently underway and ETST anticipates a successful launching within the third quarter of 2018. “Our joint venture with Karmavore Superfoods has been a true blessing. Brian…

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FridayJun 29, 2018 9:33 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Adds Prem Virmani as Chair of Beverage Science and Research Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that Prem Virmani, former senior vice president of global science and research for Cott Beverages, Inc., has been appointed Chair of TGOD’s Beverage Science and Research Division. Per the update, Virmani has over four decades of applicable industry experience, leading development in every major category, including the Sam’s Choice cola program for Walmart, the President’s Choice cola program for Loblaws and other major private label brands for Publix, Wegmans and Safeway. “I am delighted that Prem has joined the TGOD Leadership team,”…

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FridayJun 29, 2018 9:27 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files New Patent Application Following Breakthrough Discovery of Enhanced Drug Delivery to Brain Tissue

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has filed a new patent application with the United States Patent and Trademark Office ("USPTO") for innovation in treatment options related to central nervous system disease or disorders including viral infection, cancer, neurodegenerative disorders, ADHD, anxiety, depression, OCD, schizophrenia, Alzheimer's, Huntington's, Parkinson's, neuropathic pain and more. The company reached a breakthrough discovery during recent laboratory testing that demonstrated significantly enhanced drug delivery to brain tissue. Evidence from the study showed unexpected effectiveness in crossing the blood-brain barrier ("BBB") which Lexaria is investigating more extensively, leading to the company's…

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ThursdayJun 28, 2018 2:52 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Continues to Build Patent Portfolio

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) is in the process of preparing new patent application filings and expects to receive more patent awards this year to add to its collection of over 40 patent awards or applications from 40 countries globally. A recent article discussing the company reads: “The total, once granted, would be four patents in the U.S. and four in Australia. All eight are for the family of “Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof.” The development represents the first time that LXRP has expanded its patent protection outside of…

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ThursdayJun 28, 2018 11:48 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Innovative Therapies as Alternative Medicine Market Surges

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is developing pioneering options for preventive and curative therapies by utilizing several creative pathways. An article further discussing the company reads: “Chronic diseases and recurring health care issues are taking an increasingly bigger piece of the economic pie and disrupting the lives of many millions of people. U.S. health care costs for chronic diseases totaled $1.1 trillion in 2016 and balloon to $3.7 trillion when lost economic productivity is calculated into the total economic impact. According to a new report by Grand View Research, people around the world, along with their…

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ThursdayJun 28, 2018 11:39 am

CBDNewsBreaks – Why Koios Beverage Corp. (CSE: KBEV) is “One to Watch”

Koios Beverage (CSE: KBEV) develops and distributes nature-based products such as nootropics, which are supplements that improve cognitive abilities. An article further discussing the company reads: “Not to be mistaken with prescription-only drugs which are at times used for similar effects, nootropics are over-the-counter dietary supplements; some of which, like Koios, contain ingredients that are currently used in the treatment of patients with Alzheimer’s disease. The global field of nootropics is growing rapidly and expected to reach USD $6,059.4 Mn by 2024 with a CAGR of 17.9 percent from 2016 to 2024. … According to media reports, there is believed…

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ThursdayJun 28, 2018 10:06 am

CBDNewsBreaks – EVIO, Inc. (EVIO) Forms Strategic Alliance, Enters Asset Purchase Agreement with MRX Labs LLC

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has entered into an asset purchase agreement and formed a strategic alliance with MRX Labs, LLC, an Oregon-based, award-winning testing lab. The companies intend to leverage their respective strengths to develop and expand growth throughout new and existing markets. Per the agreement, EVIO will purchase 100% of the assets of MRX Labs, LLC including equipment, real estate, customer lists, customer contracts, rental agreements, and equipment leases. EVIO Labs Portland will relocate its personnel and license to the…

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ThursdayJun 28, 2018 9:25 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Launches MTrac App

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), has officially launched the MTrac App. Powered by GreenBox POS, LLC (OTCQB: GRBX) technology, the app is now available for download in both the Apple and Android marketplaces. The MTrac app enables consumers to access and load an eWallet with credit or debit cards directly to the app. “Cash and high fees or cost of business remains at the core of challenges that so many merchants operating in a variety of different high-risk retail sectors face on a daily basis,” MTRAC CEO Vanessa…

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