CannabisNewsBreaks

WednesdayJan 24, 2018 11:04 am

CBDNewsBreaks – PotNetwork Holding, Inc. (POTN) Leverages Month-Over-Month Sales Growth to Greatly Exceed 2017 Revenue Projections

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, as a result of the rapid growth in sales of its Diamond CBD, Inc. subsidiary, it achieved revenues of approximately $14.5 million for the 2017 calendar year. Notably, this figure exceeded the company’s earlier projections of $8.3 million by more than 70 percent. “2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017,” Richard Goulding, CEO of PotNetwork, stated in the news…

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TuesdayJan 23, 2018 12:34 pm

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Remains Steadfast on Chinese Cryptocurrencies

ChineseInvestors.com (OTCQB: CIIX) is focusing on delivering profitability and value for its shareholders as the Chinese investment community seeks education about the unpredictable market of bitcoin and other cryptocurrencies. An article discussing the company reads: “Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in China is expressing its desire to be educated about trading and investing in bitcoin and other cryptocurrencies. … CIIX, as a result, is doubling down on its commitment to bitcoin growth by offering a real-time daily video broadcast from the NYSE, targeted at the Chinese-speaking community in China and…

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TuesdayJan 23, 2018 10:53 am

CBDNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Turns Attention toward Blockchain Technology

Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we…

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TuesdayJan 23, 2018 10:08 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Bitcoin Beyond

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access…

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MondayJan 22, 2018 10:27 am

CBDNewsBreaks – Global Payout, Inc. (GOHE) Nearing Launch of Official Audit

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that the official initiation of its formal audit will likely commence in early February, with filing of the company’s Form 10-K expected sometime in March. Per the update, Global Payout’s progress toward this milestone signifies that it has made great strides in developing a strong base from which to build competitive subsidiaries in several key market sectors. “Over the years the core strategy of Global Payout has shifted significantly, from our inception as a prepaid card company to the present goals of incorporating cloud banking features into several key…

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FridayJan 19, 2018 12:33 pm

CBDNewsBreaks – Medical Cannabis Payment Solutions (REFG) Provides Secure Payment Processing Solution to Cannabis Industry

Medical Cannabis Payment Solutions (OTC: REFG) is on a mission to solve the cannabis industry’s lack of secure payment options. The cannabis-focused financial services company has created an end-to-end payment processing solution to serve both industry retailers and their customers. An article discussing the company reads: “A multi-billion dollar cash business invites headaches and trouble. Tax collection, payroll problems, bill payment, assaults and armed robbery all plague an industry that’s expected to exceed $37 billion in the U.S. by 2024. No other industry of this size suffers through such operational and logistical nightmares. …To solve these complex issues, Medical Cannabis…

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FridayJan 19, 2018 12:24 pm

CBDNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Eyes Bright Future Following 2017 Success

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) demonstrated several transformative developments in 2017. The company’s Intellectual Property (“IP”) was strengthened, it was awarded broad patents, and it secured finances during the year. Now, Lexaria is concentrating on making 2018 an even more fruitful year. An article discussing the company’s recent progress reads: “The company’s stock has performed well over the last year and, given all the progress, may outperform in 2018. Lexaria up-listed to the larger, more recognized OTCQX market, and the company filed an S4 prospectus to re-domicile the company from the U.S. to Canada in an effort to exploit…

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FridayJan 19, 2018 11:50 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Demonstrates Growth in Investor Relations Revenue; Intends to Expand Program Offerings

ChineseInvestors.com, Inc. (OTCQB: CIIX) recently demonstrated a large increase in its investor relations revenue in 1Q2018 and FY2017. The company remains focused on expanding program offerings for branding clients, including companies that trade in public markets such as the OTCQB Venture Market, NASDAQ and NYSE. An article discussing the company reads: “CIIX revenues from investor relations grew in 1Q2018 to $258,366, up 186 percent from the $90,312 it recorded in 1Q2017. In FY2017, CIIX investor relations sales grew to $808,362, 130 percent higher than the $351,615 in FY2016 (http://cnw.fm/3R8Ki). The company is expanding its program with such things as branding…

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FridayJan 19, 2018 11:41 am

CBDNewsBreaks – SingleSeed by SinglePoint, Inc. (SING) Set to Launch Payment Solution App

Specialized holding company SinglePoint, Inc. (OTC: SING) is set to launch its SingleSeed platform in the first quarter of 2018. The subsidiary was designed to provide a payment solution to the cannabis industry, a booming market forecasted to reach more than $63 billion by 2024. An article discussing the company reads: “SinglePoint will proceed with a full launch of its subsidiary, SingleSeed, during the first quarter of 2018 to provide a platform for retailers and consumers in the legal cannabis industry to process cryptocurrency payments. Based on blockchain technology, the SingleSeed platform is a proprietary payment processing app that enables…

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ThursdayJan 18, 2018 3:27 pm

CBDNewsBreaks – EVIO, Inc. (EVIO) Highlights Financial Results for Year Ended September 30, 2017

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced its financial and operating results for the fiscal year ended September 30, 2017. The company’s revenue for the 12-month period was roughly $3 million, marking a year-over-year increase of 438 percent. Per the update, the majority of this growth came from increased testing revenue, which was up 782 percent over the previous year. “2017 has been a pivotal year for EVIO, especially as we continued to scale the company to meet the industry's increased…

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