CannabisNewsBreaks

TuesdayJun 05, 2018 9:29 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Agreement for $25M Bought Deal Financing

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that it has entered into an engagement letter with Canaccord Genuity Corp., acting as co-lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including co-lead underwriter PI Financial Corp. and Mackie Research Capital Corporation, pursuant to which the underwriters have agreed to purchase 3.91 million special warrants of The Green Organic Dutchman, on an bought deal basis, at a price per special warrant of $6.40 for aggregate gross proceeds of approximately $25 million. Per the update, the offering is…

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MondayJun 04, 2018 2:24 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Addresses Absence of Bank Support in the Cannabis Industry

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) is enabling cannabis providers to address the lack of bank support due to federal regulations by providing an online banking solution. An article discussing the company reads: “The company’s platform, previously only available to medical cannabis merchants, is now available to the entire cannabis industry. Licensed establishments interested in using the Green platform can now signup online. The enrollment process only takes a few minutes, given a business address and proof of licensure in the client’s respective state. The Green platform allows dispensaries to take electronic payments and deposit cash…

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MondayJun 04, 2018 11:54 am

CBDNewsBreaks – FinCanna Capital Corp.’s (CSE: CALI) (OTCQB: FNNZF) First Investment in California Secures Distribution to Ten Dispensaries

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning provided an update regarding its first investment in California, Cultivation Technologies, Inc. (“CTI”). Per the update, CTI has secured distribution of its Coachella™ Premium brand of cannabis concentrates and vape cartridges to ten dispensaries throughout California. “We are very pleased with the growth and expansion of the Coachella™ Premium brand throughout California and are impressed with the quality of dispensaries that are selling the products. Concentrate and Vape sales generate high margin revenue for FinCanna and its shareholders,” FinCanna Capital President and…

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FridayJun 01, 2018 3:08 pm

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Targets Massive Alternative Medicines Market

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is devoted to developing preventative medical therapies based on the recognized health benefits of natural substances. An article discussing the company reads: “Grandview Research found that the market for alternative medicines was valued at $40.3 billion at the time of its study three years ago. The report found that 60 percent of the world’s population uses some type of traditional or non-conventional medicine, and a separate report by The National Center for Disease Control found that 20 percent of the United States’ population uses alternative therapies, as noted in a Crystal…

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FridayJun 01, 2018 2:07 pm

CBDNewsBreaks – BLOCKStrain Technology Corp.’s (TSX.V: DNAX) Integrated Blockchain Platform Guards Producers’ Intellectual Property

BLOCKStrain Technology Corp. (TSX.V: DNAX) has distinguished itself in the cannabis industry as the developer of the first integrated blockchain platform that registers and tracks intellectual property (“IP”) for the budding sector. An article discussing the company reads: “With the use of BLOCKStrain, the grower can defend intellectual property rights with an authentic, verifiable chain of evidence embedded in the blockchain from genome-to-sale. Consumers and regulators can leverage the technology to identify where the product was grown and sold, as well as if it meets quality control standards. The platform verifies and tracks critical steps as the cannabis moves through…

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FridayJun 01, 2018 2:00 pm

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Focuses on Financial Consulting

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) is focusing on its vision to provide financial consulting to the Chinese-speaking community. An article discussing the company reads: “The focus on educating CIIX’s global Chinese-speaking audience is evident on its crypto news website, www.NewCoins168.com, and through its daily video broadcast, ‘Bitcoin MultiMillionaire’, reporting on cryptocurrency news from the floor of the NYSE. These platforms only strengthen the company’s focus on being a leader in financial information. The company continues to be on the cutting edge of technology, with the use of a Bitcoin ATM in the lobby of its San Gabriel,…

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FridayJun 01, 2018 9:23 am

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Acquires Equity Interest in Cash Crop Today Media, LLC

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that it has entered a purchase agreement with Cash Crop Today Media, LLC (“CCT”) to acquire a 50% equity interest in CCT. Per the terms of the agreement, Global Hemp Group will pay a total of $150,000 for its 50% interest in CCT, comprised of a cash payment of $60,000 and the issuance of 600,000 common shares to be delivered to CCT within 15 days of closing. The issued shares are subject to a customary one-year hold period. “Founder Dave Hill has been…

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ThursdayMay 31, 2018 2:48 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions’ (REFG) Green Platform Provides Electronic Money Management

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed the Green platform, an electronic payment and FinCEN compliant payment system that tracks sales. An article discussing the company reads: “The Green platform creates a cash-free transaction environment with electronic money management. This processing solution provides premier security. In addition, it has the capacity to abide by all regulatory frameworks. For a business, the Green platform essentially provides a virtual banking system, as it is both the merchant provider and the gateway. It handles financial compliance so that a business can easily spend or withdraw funds directly from…

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ThursdayMay 31, 2018 12:18 pm

CBDNewsBreaks – Aphria Inc. (TSX: APH) (OTC: APHQF) Engages Great North Distributors, Inc.

Aphria (TSX: APH) (OTC: APHQF) recently announced that it has signed an agreement to engage Great North Distributors, Inc. as the exclusive manufacturer’s representative for Aphria’s adult-use cannabis products throughout Canada following the anticipated legalization of recreational cannabis. Great North Distributors will provide Aphria total coverage of all cannabis retailers throughout Canada beginning on the first day of legalization. “Aphria is committed to being the premier cannabis company in Canada and around the world, and this strategic relationship brings us one step closer to reaching our goal,” Aphria CEO Vic Neufeld stated in the news release. “We’re delighted to have…

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ThursdayMay 31, 2018 12:14 pm

CBDNewsBreaks – Isodiol International Inc. (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) Inks LOI with Sundial Growers Inc.

Global CBD innovator Isodiol International (CSE: ISOL) (OTC: ISOLF) (FSE: LB6A.F) recently announced that, subject to applicable regulatory approvals, it has signed a Letter of Intent (“LOI”) with Sundial Growers Inc. to import CBD isolate into Canada. Sundial Growers is a privately held Health Canada Access to Cannabis for Medical Purposes Regulations (“ACMPR”) licensed producer and currently operates a 31,000 square foot production facility in Rocky View, Alberta. Per the terms of the agreement, CBD will be imported into Canada through a Health Canada approved Licensed Dealer. Isodiol and Sundial aim to execute a Definitive Supply Agreement which will also be subject to…

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