CannabisNewsBreaks

TuesdayMar 06, 2018 11:16 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Announces Acquisition of Thrudermic, LLC

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) this morning announced its acquisition of Thrudermic, LLC, a privately-held North Carolina company. Per the update, Pivot will pay $1.00 for all of the listed and outstanding units of Thrudermic and issue an aggregate of 500,000 shares in the capital of Pivot to Dr. Joseph Borovsky and Dr. Leonid Lurya for their intellectual property portfolio, including patents, good will and know-how in connection with Thrudermic’s Transdermal Nanotechnology. Additionally, Borovsky has been appointed Pivot’s vice president, product formulation, and Lurya has been appointed Pivot’s executive director, product formulation. “Thrudermic is Pivot's…

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TuesdayMar 06, 2018 10:33 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary’s Strategic Partner Sponsors Athlete in US Olympic Bid

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that its partner, GreenBox POS, will be sponsoring San Diego-native Nate Errez in his bid to represent the United States in sprint kayaking at the 2020 Summer Olympics. “At MoneyTrac Technology, we take a tremendous amount of pride in partnering with companies and individuals who not only demonstrate the synergy needed to form a successful business partnership, but who are also dedicated to going a step above and becoming a valuable resource to the people within their communities,” Vanessa Luna, CEO of…

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TuesdayMar 06, 2018 10:01 am

CBDNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Business Update

ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF) this morning released an update regarding the company’s recent achievements and plans moving forward. Per the update, the company intends to use its recent financing of $75 million, which brought the company’s cash to over $135 million, to accelerate its growth through a disciplined capital allocation process. Abcann intends to expand its production capacity, focus on branding and product innovation, expand its Harvest Medicine platform to new locations and develop strategic partnerships in the industry. “Over the past five months we have enhanced our leadership team, strengthened our balance sheet, improved operational effectiveness and…

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TuesdayMar 06, 2018 9:42 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsors Charity Event in Southeast Asia

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it has co-sponsored the first in a series of planned charity events in Southeast Asia. “Yesterday, we had just announced this exciting partnership with Exponential, Inc.,” Richard Goulding, CEO of PotNetwork Holding, stated in the news release. “Today, we are signaling the immense global scope of this initiative that will help to seat Diamond CBD as a true global brand, while building incremental sales.” Per the update, the charity event will benefit more than a hundred at-risk youth and children living in a poor neighborhood…

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MondayMar 05, 2018 2:48 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) CEO Believes Proposed Legislation on Medical Marijuana in Utah Will be a Success

Cannabis-focused financial services company Medical Cannabis Payment Solutions’ (OTC: REFG) CEO Jeremy Roberts believes that proposed legislation in Utah will be ready for consistent debate before the end of the current legislative session on March 8. An article discussing the company reads: “A medical cannabis bill that would advocate a more moderate approach and would “bridge the gap” between two very different legalization initiatives currently underway, has every chance to be successful, according to Medical Cannabis Payment Solutions (OTC: REFG) CEO Jeremy Roberts, quoted by the Deseret News (http://cnw.fm/WDo7C). Roberts, who is also a member of the Utah Republican Party,…

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MondayMar 05, 2018 2:41 pm

CBDNewsBreaks – Marijuana Company of America, Inc. (MCOA) Offers Hemp-based CBD Products through its hempSMART Line

Innovative hemp and cannabis corporation Marijuana Company of America’s (OTC: MCOA) hempSMART product line continues to deliver new industrial hemp-based CBD products to consumers. An article discussing the company reads: “MCOA delivers turnkey products and services to consumers in U.S. states where the cannabis plant’s derivatives have been legalized. While federal drug policy continues to target state-by-state normalization of cannabis for medicinal and recreational use, MCOA’s hempSMART subsidiary is turning out branded products containing industrial hemp-derived, non-psychoactive cannabidiol (CBD) formulations for retail distribution via an affiliate marketing model.” To view the full article, visit http://cnw.fm/9HayA About Marijuana Company of America,…

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MondayMar 05, 2018 9:24 am

CBDNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Successfully Completes C$5M Private Placement of Convertible Debentures

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) this morning announced the closing of its private placement of convertible debentures for gross proceeds totaling C$5 million. The company issued a total of C$5 million of 10% senior secured convertible debentures which will mature 12 months after the date of their issuance and will be convertible at the option of the holder for a period of 12 months into common shares of the company at a conversion price of C$1.74 per common share, subject to adjustment of the conversion price in certain events. Additionally, Origin Merchant Securities Inc. received a finder’s fee of…

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MondayMar 05, 2018 9:19 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Extends Marketing Reach through Exclusive Agreement with Exponential, Inc.

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its entry into an exclusive agreement with affinity marketing company Exponential, Inc. (“XPO2”), a cause-related technology marketing firm that develops white-label e-commerce platforms serving charities, clubs and non-profit organizations globally. As the exclusive XPO2 CBD product supplier, Diamond CBD is expected to provide all 18 of its top quality CBD brands to XPO2’s extensive network of hundreds of major participating online merchants, including Best Buy, Walmart, Groupon, Macy’s, Skechers, Nike, Staples and other industry leaders. “This new commercial partnership with XPO2 represents a major milestone for…

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FridayMar 02, 2018 3:32 pm

CBDNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) Pursues its Share of America’s Prosperous Cannabis Industry

Global Hemp Group, Inc. (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) is employing a “Soil-to-Shelf” strategy for development of hemp in Canada and the United States. An article discussing the company reads: “Global Hemp plans to apply for a license to extract cannabidiol (CBD) and other cannabinoids from the upcoming industrial hemp crop in New Brunswick. Discussions are also underway with potential processing partners for the extraction of cannabinoids and straw processing for building materials from this harvest in the fall of 2018, with a longer-term plan to establish permanent processing facilities by the end of 2019. Global Hemp also continues…

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FridayMar 02, 2018 12:53 pm

CBDNewsBreaks – The Green Organic Dutchman Holdings Ltd. Thrives in Canadian Cannabis Industry

Ultra-low cost organic cannabis producer The Green Organic Dutchman Holdings Ltd., also known as TGOD, is on track to become one of the world’s largest, most technically advanced cannabis producers. An article discussing the company reads: “Headquartered in Hamilton, Ontario, The Green Organic Dutchman Holdings Ltd., known as “TGOD”, has formed strategic alliances with industry leaders with a view to becoming the world’s largest organic cannabis company. To achieve this goal, the company has taken an approach unique in the cannabis industry, by growing cannabis organically at a low cost, expanding its cultivation facilities to scale, hiring world class senior…

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