CannabisNewsBreaks

TuesdayJun 05, 2018 12:13 pm

CBDNewsBreaks – Global Payout, Inc. (GOHE) Enters Reverse Triangle Merger Agreement with MoneyTrac Technology, Inc.

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), of which Global Payout is a significant shareholder, has structured a reverse triangle merger agreement with Global Payout whereby MTRAC will be the post-merger operating entity. “The completion of this reverse triangular merger with Global Payout marks the culmination of the hard work and dedication my team and I have put forth on behalf of MoneyTrac in the past several months,” Vanessa Luna, CEO of MTRAC, stated in the news release. “We have come to a point where we are truly ready to take…

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TuesdayJun 05, 2018 11:11 am

CBDNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches Reformulated hempSMART™ Brain Product

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning announced that its hempSMART™ brand has relaunched its flagship wellness product, hempSMART™ Brain, with 10mg of cannabidiol oil per serving. “After reviewing our hempSMART Brain product, our formulators chose to improve upon the original product by doubling the original dosage of CBD,” Donald Steinberg, CEO of MCOA, stated in the news release. “Our team is proud to be able to welcome our flagship product back onto the market and look forward to the upcoming marketing campaigns.” Per the update, hempSMART Brain has been developed to maintain…

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TuesdayJun 05, 2018 10:25 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Engagement of Stadnyk & Partners

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement with Stadnyk & Partners whereby PreveCeutical will engage Stadnyk & Partners to provide market awareness and strategic advisory services to the company. Per the terms of the agreement, Stadnyk & Partners will provide market awareness services to the company throughout the initial 12-month term of the agreement in exchange for two million stock options, each of which will be exercisable to acquire one common share in the capital of PreveCeutical for $0.08 per share for a period of 24 months.…

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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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