CannabisNewsBreaks

FridayMay 11, 2018 10:24 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Accomplishes Significant Milestone to Bring Branded Products to California Marketplace

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is making significant progress in bringing its branded products to market and is in receipt of all necessary State of California temporary licenses to move forward with construction of its Cathedral City cultivation facilities (http://cnw.fm/l7aPS). Speaking of this accomplishment, Sunniva CEO Dr. Anthony Holler recently stated, “This is a very significant milestone for Sunniva’s operations in California. An important aspect of the licensing process has been completed and now our focus is on completing construction on time and entering into supply contracts with distribution partners, leading brands and creating Sunniva branded products for the…

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FridayMay 11, 2018 9:34 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Adds Aurora Cannabis Executive to Board of Directors

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced the addition of Cam Battley to its board of directors. Battley serves as chief corporate officer at Aurora Cannabis Inc. (TSX: ACB), where he is the lead external-facing executive responsible for establishing and managing relationships with various stakeholders operating in the cannabis sector. “TGOD is very pleased with the addition of Cam to our Board, representing our strategic partner Aurora Cannabis,” Robert Anderson, CEO and co-chairman of TGOD, stated in the news release. “His extensive industry experience will be of great value to the…

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ThursdayMay 10, 2018 3:11 pm

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Navigating High Tides of Canadian Cannabis, Prepping to Surf Opportunity

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is navigating the tides and preparing for opportunity ahead of Canada’s legalization of recreational cannabis. A recent article that highlighted the company’s strategic positioning stated, “Choom currently has acquired two ACMPR applicants and has agreements in place to acquire two additional ACMPR applicants, fortified by its recent addition of Saskatchewan-based High Way 10 and parent company Flower Power Cannabis Pharms (http://cnw.fm/sp2Ge). As the company noted in a news release announcing the acquisition, High Way 10 is currently in the active review stage of Health Canada’s rigorous application process. Following the completion of select…

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ThursdayMay 10, 2018 1:58 pm

CannabisNewsBreak – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Issues Corporate Update for the Second Quarter of Fiscal 2018

Cannabidiol infused health product company Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) this morning issued a corporate update for the second quarter of fiscal 2018. Among the highlights, the company noted its completion of a sizable production run aimed at adding product inventory, the retention of Creative Director Brian Schmidt and award-winning global creative agency Sid Lee, its entry into a joint venture focused on cannabis-infused beverages and the bolstering of its leadership team through the appointment of James Bailey as its new chief executive officer. Phivida also closed a bought-deal short form prospectus financing on April 19, 2018, with…

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ThursdayMay 10, 2018 12:33 pm

CannabisNewsBreak – Global Payout, Inc. (GOHE) Announces Moneytrac Technology’s Participation at Upcoming CannaBiz Expo

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), a company in which GOHE currently holds an 18 percent ownership stake, will have key members of its sales and technology support team at the CannBiz Expo in Los Angeles on May 12-13. Per the update, the MTRAC team will be there to not only weigh-in on important topics from a fintech perspective, but also to leverage the opportunity to introduce attendees to the company’s innovative blockchain technology. “We very much understand the ongoing challenges that so many newly licensed dispensaries across LA have…

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ThursdayMay 10, 2018 10:16 am

CannabisNewsBreak – EVIO, Inc. (OTCQB: EVIO) Cited on the Path to Market Opportunity and $10 Million in Revenues

EVIO, Inc. (OTCQB: EVIO) is on the path to $10 million after launching a new wholly-owned Canadian subsidiary and moving forward with strategic expansions. EVIO’s path to new market opportunity is highlighted in a recent article that states, “EVIO’s aggressive expansion into new markets, and the growth of the cannabis industry, was cited by Singular Research as it projected EVIO, Inc. to reach $10 million in revenues by FY2019 (http://cnw.fm/Q1s5i). It noted a New Frontier Data estimate that the U.S. legal cannabis market will grow to $24.1 billion by 2025 (http://cnw.fm/AMpn3).” To view the full article, visit http://cnw.fm/h0mMV About EVIO,…

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WednesdayMay 09, 2018 12:54 pm

CBDNewsBreaks – EVIO, Inc. (EVIO) CEO to Speak at The MoneyShow Las Vegas

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that its CEO and co-founder, William Waldrop, will have multiple speaking engagements at The MoneyShow Las Vegas from May 14-16 at the Bally’s/Paris Las Vegas Hotel & Casino. On May 15, Waldrop will provide an “Intro to EVIO and Cannabis Testing” and will serve as a panel member for “Recreational Marijuana: A Major Opportunity for Investors.” On May 16, Waldrop will present “Taking the Guesswork Out of Cannabis,” which will include an overview of the ancillary services aspect of…

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WednesdayMay 09, 2018 9:47 am

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and Marijuana Company of America, Inc. (MCOA) Form Cultivation-Focused JV

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced its entry into a joint venture with Marijuana Company of America, Inc. (OTC: MCOA) related to the cultivation of legal, high-yielding CBD from industrial hemp at its newly acquired 109-acre farm in Scio, Oregon. Per the update, the two companies will jointly invest a total of $1.2 million in the development of the project in 2018, with funding being completed on a 50/50 basis. “We are really proud of the hard work our partners have put into this project, as we continue to…

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WednesdayMay 09, 2018 9:21 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Exercises C$17.3M Over-Allotment Option Following IPO

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced that it has issued an additional 4,726,500 units at C$3.65 per over-allotment unit, raising additional aggregate gross proceeds of C$17,251,725. After taking into account this over-allotment option, TGOD will have raised aggregate proceeds of more than C$132.2 million through its recently completed IPO by issuing an aggregate of 36,236,500 units of the company. “We are extremely pleased with the markets’ support of our IPO, which is the largest to date on the TSX in the cannabis space,” Robert Anderson, co-chairman and CEO of TGOD,…

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TuesdayMay 08, 2018 11:04 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Announces MoneyTrac Technology’s Planned Attendance at MJBizConNEXT

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), a company in which GOHE currently holds an 18 percent ownership stake, said that key MTRAC sales and marketing team members will present at the MJBizConNEXT conference taking place in New Orleans on May 9-11, 2018. Anticipated attendees of the event include business executives, cultivators, extractors, and technology leaders in the cannabis industry. MoneyTrac intends to leverage its attendance at the event to further awareness of its MTRAC payment platform, one of the first fully compliant solutions to successfully remove cash from cannabis transactions.…

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