Breaks Categories: News

WednesdayJan 24, 2018 2:46 pm

CannabisNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Secures $2M in Private Placement

On January 22, Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) said that it closed a non-brokered private placement financing of 5,000,000 units at a price of $0.40 each. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each whole warrant entitles the holder to further purchase one common share for a period of up to twenty-four months at a price of $0.60. The company also issued 259,485 finder's units with the same entails. The company received total gross proceeds of $2,000,000 from the offering which it intends to use toward fast-tracking…

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WednesdayJan 24, 2018 11:41 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Exploring Potential Strategic Partnership with Eyeconic.TV

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a Letter of Intent with Eyeconic.TV, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses. Per the update, the execution of this LOI will provide the companies with an opportunity to thoroughly explore the possibility of establishing a strategic partnership. “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial…

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WednesdayJan 24, 2018 11:04 am

CannabisNewsBreaks – 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 10:53 am

CannabisNewsBreaks – 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

CannabisNewsBreaks – 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

CannabisNewsBreaks – 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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ThursdayJan 18, 2018 3:27 pm

CannabisNewsBreaks – 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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ThursdayJan 18, 2018 2:19 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) President Donates 50,000 Shares to Earth Science Foundation

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced that company President Nickolas S. Tabraue has committed to donating 50,000 of his personal shares in order to become the first contributor to the Earth Science Foundation. Per the update, the foundation has been formed to help individuals who are in need of the products that the company manufactures, as well as future formulas that are being developed by the company, to meet their specific health needs. “I have received a tremendous amount of positive feedback regarding our CBD-based products from children, adults and elderly patients alike who…

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ThursdayJan 18, 2018 1:31 pm

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces JV Agreement with Crypto Value Management System, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has entered a joint venture partnership with Crypto Value Management System, LLC (“CVMS”), a Delaware-based company that has secured an exclusive California license for a cryptocurrency exchange platform. Per the update, this platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of market sectors, including the rapidly expanding cannabis industry. “Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit…

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ThursdayJan 18, 2018 12:13 pm

CannabisNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Signs Definitive Agreement for Tokyo Smoke Merger

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced the signing of a definitive business combination agreement with TS Brandco Holdings Inc. (“Tokyo Smoke”), pursuant to which DOJA will acquire all of the issued and outstanding securities of Tokyo Smoke by way of a three-cornered amalgamation. Per the update, closing of the merger is expected to occur on or about January 30, 2018. Upon completion of the merger, DOJA is expected to change its name to Hiku Brands Company Ltd., creating “the first brand and retail-focused, craft cannabis producer, with a portfolio of highly…

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