CBDNewsBreaks Archive - Page 261 of 278

TuesdaySep 26, 2017 9:28 am

CBDNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Stake in Denver-Based Company

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has signed a Letter of Intent (“LOI”) to acquire a Denver, Colorado-based company that is approaching $1 million in annual revenue. Per the LOI, SinglePoint will acquire 51 percent of the acquisition target in a stock and cash transaction that’s expected to increase shareholder and company value by delivering immediate revenues with a healthy margin. “We are committed to identifying and making investments in companies that strengthen SinglePoint's value,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “Our goal is to find and acquire companies we…

MondaySep 25, 2017 9:33 am

CBDNewsBreaks – The Green Organic Dutchman (“TGOD”) Introduces New CFO and VP of Horticulture

The Green Organic Dutchman Holdings Ltd. (“TGOD”) recently announced the hiring of Amy Stephenson as its new chief financial officer and David Peron as its new vice president of horticulture. Stephenson has over 20 years of executive experience in both the private and public sectors which includes working with market leaders in the Canadian cannabis industry. Peron is an agrologist and holds a master of science degree in plant sciences from McGill University. He is also chief science officer for Destiny Biotechnology, which provides living soil systems for organic cannabis production. “This is another step forward for The Green Organic…

MondaySep 25, 2017 9:08 am

CBDNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Provides Update on Advancements of Proprietary Biosynthesis Technology

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning provided an update to its investors on the significant advancements in the development of its proprietary technology for the microbial biosynthesis of cannabinoids. InMed has successfully demonstrated that it can selectively produce all four “gateway” cannabinoids using genetically engineered microorganisms. These molecules can be further functionalized to produce any of the 90+ cannabinoids that occur naturally in the cannabis plant. “Successful scale-up and commercialization of the biosynthesis process for cannabinoid production is a top priority for InMed,” Eric A. Adams, president and CEO of InMed, stated in…

FridaySep 22, 2017 1:08 pm

CBDNewsBreaks – SinglePoint, Inc. (SING) Continues Focus on Solving Payment Issues for ‘Unbankable’ Legal Cannabis Businesses

Through building a diversified holding base, SinglePoint, Inc. (OTC: SING) has developed from a full-service mobile technology provider to a publicly traded holding company, and its SingleSeed subsidiary is working to solve an issue that is currently plaguing legal cannabis businesses: a lack of traditional banking options. Because of federal restrictions, marijuana merchants in the United States do not have the backing of the FDIC and, consequently, must largely conduct cash transactions because they do not have a means of processing credit and debit cards. An article further discussing this reads: “Analysts predict that the medical marijuana and recreational cannabis…

FridaySep 22, 2017 9:17 am

CBDNewsBreaks – American Cannabis Company, Inc. (AMMJ) Signs Exclusive Distribution Agreement with Earth Alive

American Cannabis Company, Inc. (OTCQB: AMMJ), a full-service, business-to-business consulting solutions provider and seller of ancillary products to the cannabis industry, has signed an exclusive distribution agreement with Earth Alive, a leading Canadian clean-tech company that develops and manufactures state-of-the-art microbial technology-based products. This agreement allows Earth Alive’s premiere cannabis microbial inoculant product, “Dr. Marijane,” a certified organic root probiotic proven to increase cannabis yields by up to 28%, to be commercialized. “We are very happy to be given the opportunity to exclusively distribute Dr. Marijane,” Terry Buffalo, CEO of American Cannabis Company, Inc., said in a news release. “Dr.…

ThursdaySep 21, 2017 2:00 pm

CBDNewsBreaks – GB Sciences, Inc. (GBLX) Forges Innovative Partnership with LSU AgCenter to Advance Understanding of Cannabis

GB Sciences, Inc. (OTCQB: GBLX) and Louisiana State University ("LSU") AgCenter recently announced an agreement with GB Sciences Louisiana, LLC, a wholly owned subsidiary of GB Sciences, Inc., to produce medical cannabis products for qualifying patients. The agreement, conducted under compliance with the Alison Neustrom Act, will allow GB Sciences to produce medical cannabis under the AgCenter’s license. In a news release, GB Sciences, Inc. stated that the agreement is “historic” and creates a formidable partnership. GB Sciences is a publicly traded cannabis company firmly rooted in science. This partnership with LSU, a major research university, is dedicated to advancing…

ThursdaySep 21, 2017 9:21 am

CBDNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Announces Inclusion in CSE25 Index

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced that it has been included in the CSE25 Index after qualifying as one of the 25 largest companies in the CSE Composite Index. Per the update, the CSE25 Index is a subgroup of the CSE Composite Index, which was launched in 2015 and currently includes nearly half of the exchange’s listed companies and over 75 percent of the trading activity on the Canadian Securities Exchange. The CSE25 Index includes the top 25 securities contained within the CSE Composite Index based on market capitalization. According to the…

WednesdaySep 20, 2017 11:16 am

CBDNewsBreaks – Terra Tech Corp. (TRTC) Signs Second Craft Cultivator to Grow Proprietary Cannabis Brand

Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, recently announced a new farm partnership with a second Craft Cultivator to grow the company’s proprietary high grade “IVXX” cannabis flowers and oils. The farm, Cultivar Inc., located in Salinas, California, is approved for up to six acres (approximately 244,000 square feet) of cannabis cultivation in high tech, climate-controlled greenhouses. “We selected Cultivar to be our newest Cannabis Craftsman as it uses an all-natural cultivation methodology that upholds the high standards associated with our proprietary IVXX brand, including sustainable farming practices and the production of pesticide-free cannabis products,” Derek…

WednesdaySep 20, 2017 9:19 am

CBDNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Director Featured in SmallCapVoice Interview

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that its director of investor relations, Alan Klitenic, was featured in a recent interview with SmallCapVoice.com. In the interview, which can be heard at http://cnw.fm/yQP9T, Klitenic discusses CIIX’s recent news, including updates related to the digital currency industry, the company’s plans to launch a Chinese daily video news broadcast from the NYSE floor, CIIX’s recent financial performance and its completion of the record filing process with the Chinese FDA related to its soon-to-be-launched hemp infused skin care line. “I want to emphatically state that CIIX is ready to make sales…

TuesdaySep 19, 2017 12:10 pm

CBDNewsBreaks – MassRoots, Inc. (MSRT) Plans to Expand Point of Sale System to Nevada Cannabis Market

MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, recently reported that it is expanding its point of sale system to the Nevada cannabis market. The decision by Nevada regulators to require all state-licensed cannabis businesses to file regulatory reports via Franwell, Inc.’s METRC system, replacing MJ Freeway’s Leaf Data Systems, effective November 1, 2017, presented MassRoots with an exciting growth opportunity, the company said in a news release. “We believe MassRoots is uniquely positioned to serve cannabis-related businesses in medical and recreational markets across the United States. We estimate our market-share of cannabis consumers…

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