CannabisNewsBreaks

MondayApr 02, 2018 2:13 pm

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Aims to Become Canada’s Premier Cannabis Brand

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is positioning itself to make the most of the Canadian cannabis industry’s anticipated spike. An article discussing the company reads: “Choom™ is targeting nothing less than becoming the premier recreational cannabis brand in Canada. With its fully-integrated business model, the company aims to be the seed-to-sale market leader in reaching the Canadian cannabis consumer. Choom™ intends to become a leading Canadian cannabis grower and will be developing a chain of high-end branded retail cannabis dispensaries in strategic Canadian jurisdictions. Choom™ retail stores will provide discriminating cannabis consumers a…

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MondayApr 02, 2018 9:35 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsoring Community-Facing Events in Kenya

PotNetwork Holding, Inc. (OTC: POTN), through wholly owned subsidiary Diamond CBD, Inc., this morning announced plans to kick off its African business development strategy by co-sponsoring, in tandem with affinity marketing partner Exponential Inc. (“XPO2”), a series of community-facing events in Kenya. Per the update, from April 17-27, Diamond CBD plans to contribute material support and resources toward community action projects taking place across the African nation. These projects include a reforestation effort in the Ngongs Hills, direct service endeavors at nonprofit organizations around Nairobi and a host of other charitable events near Mt. Kenya and other locations. These activities…

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ThursdayMar 29, 2018 3:43 pm

CBDNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Strives to Attain GMP-compliant Procedures

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) continues to diversify its portfolio as the Canadian government prepares to legalize cannabis-infused edibles and beverages by mid-2019. An article discussing the company reads: “Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P), a vertically-integrated cannabis company with strategic investments in proven, revenue-generating businesses, is building a diversified portfolio that includes marketing a wide range of high quality, medicinal grade cannabis products with tremendous promise for both human and veterinary use. Liberty Leaf and its wholly owned subsidiary, North Road Ventures, recently signed an agreement with Cannabis Compliance Inc.…

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ThursdayMar 29, 2018 3:38 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Anticipates Additional Technology Licensing Contracts in 2018

Lexaria Bioscience’s (CSE: LXX) (OTCQB: LXRP) CEO Chris Bunka recently discussed the company’s plans regarding technology licensing contracts in an audio interview. An article further discussing the company reads: “LXRP is a British Columbia, Canada-based bioscience company that is a drug delivery platform innovator. The company has developed its patented DehydraTECH™ delivery technology platform, which it out-licenses to promote healthier ingestion methods and lower overall dosing. …Bunka said that LXRP believes that 6-12 more licensing contracts will be signed this year, both generating more revenue for the company and building greater shareholder value. “We’ve only just graduated from the demonstration…

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ThursdayMar 29, 2018 12:35 pm

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Expands Presence in Blossoming Hemp-Based CBD Market

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, is on track to increase growth and broaden its presence in the cannabis industry. An article discussing the company reads: “The worldwide cannabidiol (CBD) oil market, which includes products derived from both marijuana and hemp, is projected to grow at a CAGR of more than 39 percent through 2021. The health benefits of CBD oil are the major driver for growth in this market, with global demand steadily on the rise in recent years. Hemp-based CBD oil products in particular are more…

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ThursdayMar 29, 2018 12:28 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Enables Electronic Transactions in Legal Cannabis Industry via Green Platform

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed the Green platform, a top tier digital payment processing system that offers ease of cash management to merchants while enabling consumers and patients to purchase electronically, even with cryptocurrency. An article discussing the company’s platform reads: “Among its key advantages are the money management system and the simple signup feature for consumers. Not only is it FinCEN-compliant, Green offers both merchants and customers an enticing platform to manage money for sellers and financial services for buyers. … For merchants, it can be integrated with most any existing point-of-sale…

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ThursdayMar 29, 2018 10:09 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sets Launch Date for MTRAC Blockchain Payment Platform

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that on April 4th, 2018, its MoneyTrac Technology, Inc. subsidiary will be launching MTRAC, a full-service banking solution powered by GreenBox blockchain technology. As traditional banking services continue to be largely unavailable to businesses operating in the legal cannabis industry, MTRAC is able to deliver these services in addition to its distributed ledger technology that tracks and records each transaction. The official launch of MTRAC will enable businesses in the industry to process payments for their consumers, as well as send payments to their vendors, employees, and other business…

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ThursdayMar 29, 2018 10:05 am

CBDNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Arrival of First Cannabis Shipment at University of Queensland

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the arrival of the first shipment of dried cannabis flower and oils from Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) at the University of Queensland’s Pharmacy Australia Centre of Excellence. Per the news release, testing of the imported cannabis strains in the application of PreveCeutical’s Sol-gel drug delivery technology is now expected to commence. The impending Sol-gel program aims to develop a system that will increase the bioavailability of drugs through the use of an innovative nose-to-brain delivery platform. The company notes that Sol-gels could…

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ThursdayMar 29, 2018 9:45 am

CBDNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Retires Ten Million Common Shares

Medical Innovation Holdings (OTC: MIHI) this morning said that it has reached an agreement with two of the company's largest shareholders to retire 10 million common shares. The company’s issued and outstanding shares count was 40,912,082 common shares as of the last filing on March 19, 2018. This will be reduced to 30,912,082 common shares issued and outstanding, marking a 24.4% reduction in the number of outstanding common shares. MIHI is aiming to improve its balance sheet in an effort to attain financing for operations, acquisitions, and deployment of its virtual health telemedicine platform to rural primary care clinics and…

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ThursdayMar 29, 2018 9:40 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Introduces LastMile Delivery App

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the first app launched through its joint venture with AppSwarm, Inc. (OTC: SWRM) – LastMile Delivery. Per the update, the new app is designed to give small businesses and cannabis delivery companies a solution to efficiently manage deliveries, with the software serving as an agnostic platform allowing delivery businesses to accept orders, locate drivers and keep comprehensive records of each delivery. LastMile Delivery is currently under review, and it is expected to be approved for beta testing in app stores soon. Following official acceptance into app stores, the companies will…

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