CannabisNewsBreaks

ThursdayMar 08, 2018 10:36 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Launches MTRAC-Token™ to Combat Payment Restrictions in the Cannabis Market

In a news release this morning, Global Payout (OTC: GOHE) announced that its wholly owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), is launching a Regulation D 506(c) offering that is based on MTRAC-Token. According to MTRAC management, the raise will be used to deliver MTRAC-Token to the cannabis market, a solution it has been co-developing to overcome the restrictions with regard to banking accessibility and e-Payment in the cannabis industry. "The MTRAC-Token is a unique type of investment opportunity providing investors a way to be involved in revolutionizing a multitude of industries. Our singular focus over the past several months has…

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ThursdayMar 08, 2018 9:56 am

CBDNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Engages VIRTUE to Serve as Agency of Record

ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has retained VIRTUE as its agency-of-record. VIRTUE, a creative agency powered by VICE Media, will develop a full rebrand and create sub-brands targeting the medical and adult-use cannabis markets. The agency will also assist the company with an integrated launch strategy for its new brands. “VIRTUE is an award-winning marketing agency with an unwavering commitment to bold ideas. They are the ideal partners to help us to transform the company’s brand and convey the purpose behind our current medical and upcoming adult-use cannabis businesses,” ABcann chief marketing officer Sung…

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ThursdayMar 08, 2018 9:20 am

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Inks New Staffing Contract with Cannabis Strategic Ventures, Inc. (NUGS)

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) recently said that it has signed a staffing agreement with Cannabis Strategic Ventures (OTC: NUGS). Per the agreement, Cannabis Strategic Ventures will provide MCOA and hempSMART, its wholly owned subsidiary, with long term staffing functions, benefits management, payroll processing and outsourced employment. "The legal cannabis and hemp sectors are growing very fast and are extremely dynamic. This outsourced HR agreement with Cannabis Strategic will allow our company a lot more flexibility to respond quickly to the many current and future changes within the marketplace. Our employees are one of…

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WednesdayMar 07, 2018 11:14 am

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Closes $1.5M Private Placement

Hemp cultivation company Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) this morning announced the closing of a non-brokered private placement consisting of 12.5 million units, sold at a price of $0.12 per unit, to raise aggregate gross proceeds of $1.5 million. Each unit consists of one common share of Global Hemp Group and one common share purchase warrant redeemable at a price of $0.15 per common share for a period of five years from closing. Insiders of the company subscribed for an amount of $371,542, or 24.8 percent of the total placement. Per the update, proceeds from…

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WednesdayMar 07, 2018 11:03 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Launches Cannabis Payment Solution; Provides Shareholder Update

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the soft launch of its SingleSeed payments solution. SingleSeed payments targets the lack of viable payment options for the cannabis industry. SinglePoint also provided an update regarding the company's activity as well as its pursuit of acquisitions in the emergent cannabis and blockchain markets. Among other highlights, management believes the company has an exceptional opportunity to enter the cryptocurrency space through cryptocurrency exchange and cryptocurrency wallet. The wallet will allow merchants and consumers to hold and utilize different currencies and is nearing completion. The full corporate update also includes an…

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WednesdayMar 07, 2018 10:22 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary’s CEO Joins Deliver-EZ Board of Directors

Payment solutions company Global Payout, Inc. (OTC: GOHE), through supply chain finance subsidiary SecurCapital Corp., this morning announced that SecurCapital CEO Stephen Russell has been appointed to the board of directors of Deliver-EZ, a groundbreaking final mile solutions company focused on the operation of robotically-driven package handling hubs that are open 24/7. Per the update, Deliver-EZ services are offered through mega online retailers and transportation providers. “Deliver-EZ is a final mile game changer about to disrupt home delivery… All of us at SecurCapital are pleased to add our logistics expertise and supply chain finance solutions as an investor and board…

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WednesdayMar 07, 2018 10:20 am

CBDNewsBreaks – Earth Science Tech, Inc. (ETST) Subsidiary Receives Grant from the Government of Québec

In a news release this morning, Earth Science Tech (OTC: ETST) announced that its subsidiary, Canna Inno Laboratories Inc., has been awarded a supporting grant by the Ministère de l’économie, des sciences et de l’innovation of the Government of Québec for innovation in the pharmaceutical industry. The grant has been set aside for its three CBD-Based nutraceutical provisional patent products, and Canna Inno Laboratories Inc. management has plans to apply for more grants. “The province of Quebec is a fertile terrain for biotech companies. The creativity of the people and the quality of the infrastructure are the fruits of a…

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WednesdayMar 07, 2018 9:55 am

CBDNewsBreaks – EVIO, Inc. (EVIO) Invests $800,000 in New Laboratory Equipment at Two Cannabis Testing Facilities

EVIO, Inc. (OTCQB: EVIO), a life sciences and cannabis testing company, this morning said that it has recently invested $800,000 in new equipment upgrades at its EVIO Labs Massachusetts facility and its EVIO Labs Colorado licensee. Senior management believes the state-of-the-art upgrades will substantially increase testing volumes, resulting in enhanced operating productivity and revenue growth. "We believe strongly in our mission to improve the quality of life through the use of legal, safe, and tested cannabis, which is only possible with investments in the most advanced lab equipment and the best, most qualified personnel. We at EVIO are confident that…

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WednesdayMar 07, 2018 9:23 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Sets Monthly Online Sales Record in February

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it achieved over $500,000 in website-generated orders during the month of February, a total which surpasses all previous online sales records and marks a year-over-year increase in the range of over 300 percent. “Even though February is the shortest month of the year, we reached online sales higher than ever before,” Richard Goulding, president of PotNetwork, stated in the news release. “Our online sales today not only represent the conversion of event and promotional offers into initial sales, but a building base of repeat customer…

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WednesdayMar 07, 2018 9:23 am

CBDNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks First Agreement in Retail Investor Program

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has signed the first agreement in its retail investor program and welcomes an Okanagan group to the Choom™ brand. Comprised of local investors and business partners, the 'Thompson Okanagan Choom Group' ("TOCG") has exclusive territory rights to open multiple Choom™ branded retail dispensaries in the Thompson-Okanagan region. With decades of combined business experience, TOCG is directed by Debra G Adams, Sherman Dahl, Imre Kovacs and Kent Adams. To view the full press release, visit http://cnw.fm/jP4LY About Choom™ Channeling the spirit of Hawaii in…

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