CannabisNewsBreaks

MondayJun 18, 2018 9:30 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Private Placement for Gross Proceeds of $10.1M

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its previously detailed non-brokered private placement, issuing 14,225,352 shares for total gross proceeds of $10.1 million. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTC: ACBFF) is the cornerstone investor in this placement with its lead order of $7 million. “The financing provides us with the funds to accelerate the execution of our unique retail strategy moving forward,” Chris Bogart, CEO and president of Choom, stated in the news release. “We are now well positioned to expand our production and retail…

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FridayJun 15, 2018 3:09 pm

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Positioned in Growing Markets with Novel Therapies and Groundbreaking Delivery Platform

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is positioned in rapidly-growing markets with innovative preventative therapies and a groundbreaking cannabidiol (“CBD”) drug delivery platform. An article discussing this reads, “Research has shown CBD to be non-psychoactive and to have anti-inflammatory, anti-anxiety and anti-emetic properties (http://cnw.fm/o5xXH). Following nasal administration, the formulations gel rapidly with mucosal tissue to facilitate direct nose-to-brain delivery of cannabinoids. The gel substantially improves bioavailability and provides controlled cannabinoid release, staying in the nasal passages for up to seven days.” To view the full article, visit http://cnw.fm/X4Koh About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

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FridayJun 15, 2018 3:04 pm

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Leveraging Proprietary Technology in Innovative Cannabinoid Product Pipeline

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) is leveraging innovative technology to target pain and a number of chronic conditions. A recent article discussing this reads, “These proprietary technologies are deployed in the development of cannabidiol (CBD) and tetrahydrocannabinol (THC) based products. Pivot’s cannabinoid pipeline of pharmaceutical products includes two that use the Solmic drug delivery technology for cancer supportive care, targeting the relief of mucositis and chemotherapy-induced nausea and vomiting. The company has also deployed its Bi-Phasix™ delivery platform for the development of four products that target women’s sexual desire disorder, glaucoma, dysmenorrhea and dermatological conditions. Pivot’s…

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FridayJun 15, 2018 1:16 pm

CBDNewsBreaks – NUGL Inc. (NUGL) Aims to Build Metasearch Technology and Unmatched 420 Infrastructure

NUGL Inc. (OTC: NUGL) is focused on driving business relations, development and organic data in the cannabis industry with metasearch technology and unmatched infrastructure. CEO Brandon Vargas discussed a recent partnership with Thinklogic and the appointment of CEO Chris Adams to NUGL’s board of directors, stating, “This strategic partnership puts NUGL in a distinguished class, adding a first-rate technical software expert like Chris gives NUGL a unique technological advantage. With the addition of Chris’s knowledge and expertise combined with Thinklogics’ experienced and skilled staff, NUGL will have the ability to evolve and build a strong infrastructure unmatched in the 420…

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FridayJun 15, 2018 12:31 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) in Final Stages to Open Doors, Opportunity with OTCQB Uplisting

Innovative biotech company Earth Science Tech (OTC: ETST) understands that transparency is key to acceleration of its business growth and is in the final phases for uplisting to the OTCQB Venture Market. A recent article includes CEO and Chief Science Officer Dr. Michel Aube’s comment on the move that is expected to open many doors, indicating, “Transparency is a key tool that we needed to accelerate the growth of our business. Since all of our amazing projects are ongoing with our partners, investor confidence will grow, and we will be able to complete our first big round of financing. We…

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FridayJun 15, 2018 12:25 pm

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Grows Education Programs via NewCoins168.com Subsidiary

ChineseInvestors.com, Inc.’s (OTCQB: CIIX) Shanghai-based wholly-owned foreign enterprise, NewCoins168.com Digital Media Technology Ltd., was designed to expand the company’s education programs into China. An article discussing the company reads: “ChineseInvestors.com, Inc. (OTCQB: CIIX) is increasingly focused on bolstering its leadership role for its global Chinese-speaking audience as producer and educator about global news regarding bitcoin, cryptocurrency, and blockchain technology through its website, NewCoins168.com. It has also launched a paid VIP Service on the site and expanded it into China. … CIIX already has online editorial reporters in New York and Los Angeles and plans to add a total of 10-15…

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FridayJun 15, 2018 11:15 am

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Expands in the Cannabis Industry through Acquisitions

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) recently acquired SpeedyGrow, a company with licenses in Colorado to grow and process hemp as well as a proprietary organic soil accelerator, SpeedyVeg. An article discussing the company reads: “Medical Cannabis Payment Solutions (OTC: REFG) has expanded its role in the cannabis market through its acquisitions of Colorado-licensed SpeedyGrow and organic soil accelerator SpeedyVeg, with its proprietary formula geared to maximize plant yield (http://cnw.fm/sB6OQ). … SpeedyGrow is a Wyoming company with licenses to grow and process hemp in Colorado. SpeedyVeg is focused on the cannabis industry, with an organic nutrient…

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FridayJun 15, 2018 10:13 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Closes Acquisition of Specialty Medijuana Products

British Columbia-based cannabis cultivation firm Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it is closing its acquisition of Specialty Medijuana Products Inc. ("SMP") today in accordance with an amended and restated amalgamation agreement among Choom, Arbutus Brands Inc. and International Tungsten Inc. The acquisition substantially improves and advances the company’s operational scale and production capacity. "We are excited to add SMP to the Choom group of companies under our Arbutus Brands subsidiary," Choom Holdings president and CEO Chris Bogart stated in the news release. "Arbutus Brands will add value to the entire Choom supply chain, from seed…

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FridayJun 15, 2018 9:30 am

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Posts Update on Cash Crop Today’s Investor & Business Resource Summit

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) recently announced that its 50% owned subsidiary Cash Crop Today Media, LLC hosted its first Investor and Business Resource Summit (“IBRS”) this past weekend in Beverly Hills, California. The sponsored event provided investors, entrepreneurs, business owners, and Cash Crop Today Society Members an exclusive opportunity to network with various innovators in the industrial hemp and cannabis industries. Attendees were also able to directly interact with the presenters following the presentations. “The first Investor and Business Resource Summit was a great success. This was a unique opportunity…

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ThursdayJun 14, 2018 12:04 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Strategically Positioned for Growth in Cannabis Industry

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) recently entered into a five-year semi-exclusive licensing agreement with GP Holdings LLC to develop a high performing cannabis beverage to be sold in California, a flourishing cannabis marketplace. A recent article discussing the company’s unique technology reads: “The semi-exclusive agreement gives LXRP the ability to offer other licensee partners the option of utilizing GP’s formulation and manufacturing expertise to produce cannabis-infused beverages throughout California. With the California cannabis-beverage market anticipated to be one of the largest edible product segments, LXRP is strategically positioned for continued growth within the cannabis industry.” To view the…

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