CannabisNewsBreaks

ThursdayMay 03, 2018 9:22 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Announces MoneyTrac Technology’s New Office Space in Las Vegas

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, recently announced that it has transitioned into a significantly larger and more resourceful call center location in Las Vegas, NV, through its sublease with GOHE. The transition is the result of MTRAC’s efforts to grow its inside sales, marketing, and customer care departments in Las Vegas. The new location doubles MTRAC’s potential capacity, providing enough space to add up to 25 sales and customer support representatives. The new office space will also…

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WednesdayMay 02, 2018 11:02 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Targets Several Indications with Wide-ranging Product Pipeline

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) that currently has numerous pharmaceutical and nutraceutical products in its development pipeline. An article discussing the company reads: “Pivot has a number of products in its pipeline that are in various stages of development. These target therapies for pain, inflammation, dermatology, eye disease and cancer supportive care. PGS-N005 is a cannabidiol (CBD)-based topical cream to treat female sexual dysfunction, a disorder that is estimated to affect up to 63 percent of women in the United States (http://cnw.fm/vhE86). The market for female sexual dysfunction disorder therapies is estimated to be…

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WednesdayMay 02, 2018 9:34 am

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Begins Trading on the Toronto Stock Exchange

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced that it has successfully completed an initial public offering of 31.51 million units for total gross proceeds of more than $115 million. Each unit consists of one common share and one-half of one common share purchase warrant. Each warrant is exercisable into one common share of the company at the price of $7.00 per share for a period of two years, subject to an acceleration right. Per the update, Aurora Cannabis Inc. (TSX: ACB) (OTCQX: ACBFF) elected to exercise its full participation right in…

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TuesdayMay 01, 2018 3:25 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Meets the Demand for an Effective, Cannabis-focused Banking Solution

Medical Cannabis Payment Solutions (OTC: REFG), through its Take.Green website, offers unique comprehensive card processing operations for the medical marijuana industry. An article discussing the website reads: “The interest and activity generated by its new online application process has greatly exceeded REFG’s expectations. The dramatic increase in web traffic reveals the market demand for this efficient, cannabis-focused banking solution. Merchants sign up directly on the Take.Green website (http://cnw.fm/G3PsT) through a quick and easy process, allowing customers and patients to link directly to a checking account at any U.S. bank. Customers are able to purchase medical cannabis with electronic funds, eliminating…

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TuesdayMay 01, 2018 3:10 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Aims to Complete White Paper Studies in Early 2019

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, anticipates completion of white paper studies in early 2019, with clinical trials to follow. An article discussing the company reads: “Earth Science Tech, Inc. (OTC: ETST) has set 2019 as the crucial year when the company anticipates completion of white paper studies and the start of human clinical trials to investigate the synergies of drugs that are intended to treat opioid dependency. It intends to test the effectiveness of combination drugs that contain a mineral element and full spectrum cannabinoid industrial hemp…

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TuesdayMay 01, 2018 1:43 pm

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) to Close Acquisition of Island Green Cure

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) recently announced that on May 2, 2018, the company intends to close the acquisition of Island Green Cure Ltd. ("IGC"), an advanced-stage cannabis production license applicant under Health Canada's Access to Cannabis for Medical Purposes Regulations (“ACMPR”). In accordance with the closing, Choom will issue 8,000,000 common shares to the shareholders of IGC and issue 500,000 common shares to a finder. A consultant or related parities of the consultant will receive 536,000 common shares, as a shareholder of IGC, and 500,000 common shares as a finder, which will…

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TuesdayMay 01, 2018 11:19 am

CBDNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Reports Fiscal 2017 Financial, Operational Results

Vertically integrated medical cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) recently reported its financial and operational results for the three months and year ended December 31, 2017. Sunniva completed its first year with a total of C$16.1 million in revenue, primarily generated from its two acquisitions during the period, Natural Health Services (“NHS”) and Full-Scale Distributors, LLC (“FSD”), which contributed C$11.3 million and C$4.8 million in revenue, respectively. Among other highlights of the period, the company acquired 20 acres of land in Cathedral City, California, and 18 licenses to produce and distribute cannabis in California. Other milestones for the year…

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TuesdayMay 01, 2018 10:03 am

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) and Marijuana Company of America, Inc. (MCOA) Acquire Property in Oregon for Hemp Cultivation

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced that the company, together with its partner Marijuana Company of America (OTC: MCOA), has acquired a 109-acre agricultural property for the cultivation of high CBD yielding hemp for the approaching 2018 growing season. The Scio, Oregon property contains a high level of organic matter in the soil, ideal for hemp cultivation, and has a history of hemp cultivation over the last two growing seasons. The companies acquired the property for US $1.1 million, which is comprised of a cash down payment of $130,000…

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TuesdayMay 01, 2018 9:42 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Signs Agreement with CarFax

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced that its ShieldSaver subsidiary has entered an agreement with CarFax to provide detailed information directly to CarFax while being able to pull data from the CarFax system to further efficiencies within the ShieldSaver mobile application. “We are excited for this new relationship with CarFax, and we believe there is a lot of opportunity to expand the relationship with CarFax,” Wil Ralston, president of SinglePoint, stated in the news release. “They are a fantastic company – the absolute leader in their space – and we look forward to a long, synergistic…

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TuesdayMay 01, 2018 9:28 am

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Renews Licensing Agreement with Nuka Enterprises

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) recently announced a new licensing agreement with Nuka Enterprises LLC to renew Nuka’s DehydraTECH™ license rights for use in its 1906 brand of cannabis chocolates. Nuka and 1906 have also acquired new rights in product categories in addition to the original chocolate formats, including candies, beverages, capsules and pills, and topical creams. “Nuka’s success with the 1906 brand of cannabis chocolates - recognized for their fast onset times, efficacy, taste and unique formulations – clearly demonstrate the market potential for DehydraTECH™. This comprehensive, long-term relationship between Nuka and Lexaria…

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