CannabisNewsBreaks

MondayApr 16, 2018 10:28 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Terminates LOI for the Acquisition of Agro-Biotech

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning reported that it has terminated the previously announced letter of intent (“LOI”) that it had entered into for the acquisition of Agro-Biotech. The company is currently reviewing its available legal alternatives to recover the amounts expended by the company in the pursuit of the transaction, as well as additional damages resulting from the non-completion of the transaction. "Despite our extensive efforts, we have been unable to complete the acquisition of Agro-Biotech in accordance with the terms and conditions initially agreed upon by the parties. While we…

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MondayApr 16, 2018 9:59 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Acquires Cryptocurrency Mining Facility

Cannabidiol-focused holding company PotNetwork Holding Inc. (OTC: POTN), through its Blockchain Crypto Technology Corporation subsidiary, this morning announced its acquisition of a purpose built, climate controlled cryptocurrency mining facility. Per the update, this facility will allow the company to diversify its investments by capitalizing on the lucrative bitcoin mining industry. The state of the art facility features 115 dedicated cryptocurrency mining rigs, which are expected to allow the company to handle future transactions related to its proprietary altcoin digital currency. By solidifying its position in the cryptocurrency space, PotNetwork will look to capitalize on the industry’s recent expansion and strong…

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FridayApr 13, 2018 3:35 pm

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Entering Multi-billion-dollar Industries through Strategic Acquisitions

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) is developing disruptive formulations for cannabis-infused markets. An article discussing the company reads: “Pivot’s acquisition of California’s ERS Holdings, LLC in February not only strengthened its options for enhanced health and wellness products; the move gave the company added visibility to beverage makers such as beer companies working to mitigate a potential decline in profits as their customers divert discretionary income from alcohol consumption to cannabis consumption. … “The (Ready-To-Infuse-Cannabis technology) family of patents will be transformational for the food and beverage industry. Based on our interaction with…

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FridayApr 13, 2018 1:28 pm

CBDNewsBreaks – EVIO, Inc. (EVIO) Well-positioned for Expansion in the Cannabis Analysis and Testing Space

EVIO, Inc. (OTCQB: EVIO) is well-positioned as a leading provider of cannabis analysis and testing in the U.S. An article discussing the company reads: “Operating in one the hottest industries in the marketplace right now, EVIO, Inc. (OTCQB: EVIO) is a life sciences company leading the charge in cannabis analysis and testing. The company currently operates several laboratories throughout the United States—with many more on the horizon—and is a leading provider of accredited cannabis testing, delivering top-quality analytical and consulting services for agricultural and biomedical industries, as well as performing product research. Through its EVIO Labs division, the company offers…

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FridayApr 13, 2018 1:18 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Green System Delivers Tracking Services

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) recently fully launched its proprietary payment system service, Green, making it available to the entire cannabis industry. An article discussing the company reads: “The company offers electronic payment and e-commerce features that allow businesses direct and immediate access to funds. One of the advantages of using REFG’s top-tier digital payment processing system, Green, is its compliancy with FinCEN. The system tracks sales and tax collection while providing businesses with an advanced client management system. If a business is called on to prove compliance with financial regulations within the cannabis industry,…

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FridayApr 13, 2018 11:39 am

CBDNewsBreaks – Pressure BioSciences Inc. (PBIO) Sees 2018 as Year of Growth for BaroFold, Ultra Shear Technology Programs

Pressure BioSciences (OTCQB: PBIO) recently announced newly-issued patents in Ultra Shear Technology (“UST”) that address broad markets for stable, water-soluble nanoemulsions, including cannabinoids. An article further discussing the company reads: “With the BaroFold acquisition and the new developments in Ultra Shear Technology (including two issued patents), Pressure BioSciences now has three distinct working groups — its research products and services unit, its biologics contract research services unit and its Ultra Shear Technology (UST) development unit. … The UST platform incorporates a novel technique based on the use of intense shear forces generated from ultra-high pressure valve discharge, which the company…

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FridayApr 13, 2018 9:27 am

CBDNewsBreaks – SinglePoint, Inc. (SING) President Discusses How Politics Impact the Cannabis Industry on MoneyTV

Specialized holding company SinglePoint, Inc. (OTCQB: SING) was a featured company on today’s episode of MoneyTV with Donald Baillargeon, an internationally syndicated television program discussing “money and what makes it happen.” In the episode, SinglePoint president Wil Ralston gave his thoughts on how politics and the media are influencing the cannabis sector in light of former speaker of the house John Boehner’s recent involvement in the industry. “It's quite surprising how much the politics and media have such a huge impact on the company. We're excited that Boehner has come out and made the comments he has and is changing…

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ThursdayApr 12, 2018 10:09 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Set to Attend Invest 2018 Exhibition in Germany

Market analysis company ChineseInvestors.com (OTCQB: CIIX) this morning announced that it will be attending the Invest 2018 Exhibition in Stuttgart, Germany, taking place April 13-14. The event is one of the largest financial sector congregations in Germany, attracting more than 12,000 visitors and 144 exhibitors in 2017. Private and institutional investors alike gain information, compare assets, and invest in new opportunities during the event. "After a successful presentation at Invest 2017 which sparked the attention of German investors, we look forward to the opportunity to update the German financial sector and potential investors on the company's recent business developments including…

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ThursdayApr 12, 2018 9:45 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Receives Appstore Approval for Beta Version of LastMile Application

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced that the company’s LastMile delivery application, developed in collaboration with AppSwarm (OTC: SWRM), has been approved for beta in Apple and Google application stores. The application focuses on the delivery operations of a business, providing efficiencies in dispatching, record keeping and customer satisfaction. The companies intend to receive feedback from multiple different interested parties that will test the application before the full production version launch of LastMile. “We are very excited for the launch of LastMile. There have already been multiple cannabis businesses expressing interest in the platform. There is…

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ThursdayApr 12, 2018 9:37 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Details MoneyTrac Technology’s Preparation Activities for Launch of MTRAC Payment Platform

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, has begun accepting applications from qualified merchants operating within a variety of alternative and high-cost industries for the use of its MTRAC payment platform. This payment system, powered by GreenBox blockchain technology, serves as the foundation of MTRAC’s ‘Key to Cashless™’ service platform. “This launch represents the culmination of the work our team has been doing over the last year and a half,” Vanessa Luna, CEO of MTRAC, stated in the news…

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