NewsRoom Articles - Page 212 of 252

MondayJan 29, 2018 1:55 pm

The Green Organic Dutchman Boosts Financing to $160 Million with Strategic Investment by Aurora Cannabis

The Green Organic Dutchman Holdings Ltd., also known as TGOD, recently announced the closing of $112 million in private placement financing, including a strategic investment by marijuana industry powerhouse Aurora Cannabis Inc. (OTCQX: ACBFF) (TSX: ACB) of $55 million. TGOD issued 67,878,788 units at a price of $1.65 per unit. Each unit included one common share of the company and a half common share purchase warrant that can be converted to a full share at the exercise price of $3 each during the next three years. The investment fully funds the expansion of TGOD’s combined 970,000 square-foot ultra-high technology greenhouse…

MondayJan 29, 2018 12:36 pm

Medical Cannabis Payment Solutions’ (REFG) Proprietary Platform Helps Expand Cannabis Industry’s Banking Options

The company’s platform offers full merchant account functionality and fully secure payment processing options Medical Cannabis Payment Solutions’ technology is used by medical marijuana vendors Bitcoin payments will soon be integrated into the platform Although marijuana was one of the fastest-growing industries over the last couple of years and is expected to continue at the same pace throughout 2018 and beyond, authorized businesses and vendors still have a hard time managing their finances and customers in the absence of banking services. With most banking institutions unable to open their doors to legal marijuana businesses because the substance is still classified…

MondayJan 29, 2018 11:39 am

Earth Science Tech, Inc. (ETST) Inks Deal to Develop its MSN-2 Medical Device

Deal includes design, development and clinical testing of MSN-2 medical device-related services Study-specific testing will center on sexually-transmitted infections (“STIs”) World Health Organization estimates that 357 million new STIs are contracted yearly Global diagnostic market for STIs projected at more than $200 billion by 2022 Earth Science Tech, Inc. (OTC: ETST), an innovative biotechnology company operating in the fields of hemp cannabinoid (CBD), nutraceutical, pharmaceutical and medical device research and development, has signed a deal with a private laboratory for clinical studies related to its MSN-2 medical device. The partnership, announced in a January 9 news release (http://cnw.fm/9pAPP), brings together…

FridayJan 26, 2018 1:11 pm

NeutriSci International Inc. (TSX.V: NU) (OTCQB: NRXCF) (FRA: 1N9) – From Nutraceuticals to Cannabinoid Pharmaceuticals

Patented nutraceuticals with retail distribution and consumer branding expertise MOU with cannabinoid pharma for research on NeutriSci products for new therapeutics Targeting forefront of new and innovative cannabinoid-based medical products in Canada In business for nearly a decade, NeutriSci International Inc. (TSX.V: NU) (OTCQB: NRXCF) (FRA: 1N9) has become an established leader in the Canadian nutraceutical markets and continues to develop new sales channels throughout the U.S., Europe and Asia. The company is not only expanding its existing national retail footprint in Canada; it just entered into a major R&D Memorandum of Understanding with Scientus Pharma Inc. to develop, produce…

FridayJan 26, 2018 12:41 pm

India Globalization Capital, Inc. (NYSE: IGC) Anticipates Filing Patents for Portfolio of Drug Candidates in 2018-2019

Included are drugs formulated to treat Alzheimer’s, Parkinson’s, eating disorders and seizures IGC already has seven provisional filings for phytocannabinoid-based combination therapies Company also has in its pipeline combination therapy drug candidates for the treatment of end points of Parkinson’s, as well as epilepsy in cats and dogs India Globalization Capital, Inc. (NYSE American: IGC) anticipates filing, in 2018 and 2019, for international Patent Cooperation Treaty (“PCT”) patents, as well as U.S. national patent filings, for a portfolio of drugs (http://cnw.fm/uc3XT). Its drug for the treatment of Alzheimer’s (IGC-AD1) is anticipated for patent filings in PCT and the U.S. in…

FridayJan 26, 2018 9:40 am

Choom™ (CSE: CHOO) (OTCQB: CHOOF) Cultivating an Exceptional Consumer Experience

Branding and retail focused to capture large share of $8.7 billion Canadian recreational cannabis market Developing chain of branded retail cannabis dispensaries – just announced new retail store concept Intends to establish a significant retail footprint in the Canadian recreational cannabis markets The laid back Hawaiian lifestyle is the envy of the world. Surfers and sun worshipers enjoy life and, for decades, have relaxed with ‘choom’, the local name for marijuana. Now a company, Choom™ (CSE: CHOO) (OTCQB: CHOOF) is bringing the spirit and lifestyle of Hawaii to Canada. Choom™ is a high-quality hand-crafted cannabis brand created exclusively for the…

ThursdayJan 25, 2018 3:53 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Technology Offers Potentially Safer Method of Delivering Drug Therapies

Only company in the world with patent for the oral or ingestible delivery of all non-psychoactive cannabinoids Uplisted to OTCQX® Best Market Licensing model generates profit margins in excess of 90 percent A new report by the National Academies of Sciences, Engineering and Medicine is the most comprehensive analysis of existing research on e-cigarettes, according to the New York Times (http://cnw.fm/Eay21). While warning against the risk of nicotine addiction posed by vaping, the report claimed “that the devices are safer than traditional smoking products and may help smokers quit, citing conclusive proof that switching can reduce smokers’ exposure to deadly…

ThursdayJan 25, 2018 3:19 pm

Caveat Emptor: Blockchain and Crypto Companies under SEC Scrutiny

The mania surrounding bitcoin and other cryptocurrencies has now overflowed onto the underlying technology. The real value of cryptocurrencies is hotly in dispute, but there is consensus that the underlying blockchain technology has applications that extend far beyond its connections to cryptocurrency. IBM's Martin Schroeter recently told CNBC (http://cnw.fm/1ZWuV), “Blockchain, the digital record-keeping method that exploded in popularity in conjunction with the cryptocurrency craze, will change the way the world makes transactions.” Unfortunately, the unscrupulous will always make every conceivable attempt to capitalize on a current craze and redouble efforts during transformative events. Spring-boarding off the cryptocurrency craze, little-known companies…

ThursdayJan 25, 2018 2:31 pm

SinglePoint, Inc. (SING) Remains Bullish Regarding Use of Bitcoin, Blockchain Technologies to Solve Cannabis Industry’s Payment Problems

Company’s bitcoin payments solution allows underbanked cannabis merchants to accept bitcoin-backed card transactions Proprietary bitcoin exchange soft-launched in November 2017; official launch scheduled for Q1 2018 Company recently announced LOI to acquire Bitcoin Beyond SinglePoint, Inc. (OTC: SING) has evolved from a full-service mobile technology provider to a publicly traded holding company, diversifying into horizontal markets and building a robust portfolio and a diversified holding base by acquiring an interest in undervalued subsidiaries. Through subsidiary company SingleSeed, SinglePoint is successfully offering products and services to the cannabis industry, including, notably, a proprietary bitcoin payments solution that enables both cannabis merchants…

ThursdayJan 25, 2018 12:35 pm

Liberty Leaf Holdings Ltd. (OTCQB: LIBFF) (CSE: LIB) (FSE: HN3P) Closes $2 Million in Private Placement Financing

Company’s subsidiaries set sights on recreational use licensing, expansion Total marijuana market in Canada forecast to hit $2.8 billion by 2020 Pet cannabis products for pain expected to form large market opportunity Liberty Leaf Holdings Ltd. (OTCQB: LIBFF) (CSE: LIB) (FSE: HN3P) announced on January 22 that it had closed a private placement financing effort with $2 million in gross proceeds that will be used to speed completion of facility construction projects for its subsidiaries, North Road Ventures in the greater Vancouver area of Canada’s British Columbia and Just Kush Enterprises, located some 250 miles to the east. Just Kush…

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