CannabisNewsBreaks

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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MondayMay 07, 2018 2:30 pm

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Offers Supplements Derived from Premium Industrial Hemp

Marijuana Company of America (OTC: MCOA), through its hempSMART™ subsidiary, is dedicated to the scientific development of hemp-derived CBD-based nutritional products. An article discussing the company reads: “MCOA’s stance on ensuring that its hempSMART™ range of non-psychoactive supplements is derived from the finest industrial hemp containing proprietary formulations centered on CBD (cannabidiol) remains firm. hempSMART’s new take on wellness products include formulations for brain health, full spectrum bioavailable CBD drops and pain capsules and cream with a blend of premium CBD and botanical supplements. Newly launched products include Pain Cream and full-spectrum hempSMART™ Pet Drops for dogs and cats.” To…

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MondayMay 07, 2018 10:37 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks NDA with Global Drug Delivery Device Manufacturer

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed a non-disclosure agreement ("NDA") with an internationally known drug delivery device manufacturer. The NDA permits PreveCeutical to have discussions with the manufacturer regarding the supply of spray devices for use in the company's soluble gel ("Sol‑gel") drug delivery research program. The company’s research partner, the University of Queensland, has received various prototype spray devices from the manufacturer at the Pharmacy Australia Centre of Excellence, where testing of the devices for the program is taking place. "We are pleased to have signed an…

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MondayMay 07, 2018 10:05 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Enters LOI to Acquire Assets of XBTeller.com

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its entry into a letter of intent to acquire the assets of XBTeller.com, a leading Colorado cryptocurrency ATM and over the counter operation. XBTeller.com currently has nine ATM locations throughout Colorado and is currently reporting approximately $500,000 in unaudited monthly revenues. “The acquisition of XBTeller.com provides ChineseInvestors.com, Inc. the opportunity to expand its current cryptocurrency and blockchain business to include a retail facing service,” Paul Dickman, CFO of CIIX, stated in the news release. “The combined synergy of the media and internet education services, the mining, and the ATM/OTC…

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