Breaks Categories: News

WednesdayDec 27, 2017 11:33 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) CEO Releases Letter to Shareholders

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the release of a year-end letter to shareholders from CEO James Hancock. In the letter, Hancock recaps what he calls an “especially active, yet successful” year for both Global Payout and its majority-owned subsidiary, MoneyTrac Technology, Inc. In particular, he notes the company’s appointment of Vanessa Luna to the position of chief operating officer as a major milestone in Global Payout’s strategic plans. “Without question, one of the most critical events of the year involved the appointment of Ms. Vanessa Luna as Global's Chief Operating Officer,” Hancock stated in…

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TuesdayDec 26, 2017 9:51 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Licensee Attains ISO 17025 Accreditation

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 that its Colorado licensee, PhytaTech CO, has attained ISO 17025 accreditation, which requires consistent production of precise and accurate tests and implementation of a rigorous quality management system. Per the update, ISO 17025 is the highest recognized quality standard for calibration and testing laboratories. “As one of only a few Colorado Cannabis Testing labs that have achieved ISO 17025 accreditation, PhytaTech is at the leading edge of testing in the state,” Stephen Goldman, PhytaTech’s…

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TuesdayDec 26, 2017 9:11 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Looks to Blockchain Technology as Possible Solution for Issues Facing Cannabis Industry

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced plans to leverage its existing team of technology and health care experts in order to develop methods of utilizing blockchain technology in areas such as product identification assurance (PIA). The importance of PIA was reaffirmed in a recent study published by JAMA, which indicated that nearly 70 percent of all cannabidiol products sold online are mislabeled. “We understand the unique challenges facing the cannabis industry and believe that our team has the expertise to be the first to…

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ThursdayDec 21, 2017 9:55 am

CannabisNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Enters LOI for Merger with Tokyo Smoke; Announces Investment from Aphria Inc.

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced its entry into a binding letter of intent setting out the terms pursuant to which it proposes to acquire all of the issued and outstanding shares of Tokyo Smoke. Per the update, the proposed merger will create a uniquely positioned cannabis company combining a best-in-class craft cannabis producer and a retail-focused cannabis company. The combined company is expected to operate under the name “Hiku Brands Company Ltd.” in reference to the brand house containing premium cannabis brands DOJA, Tokyo Smoke and Van der Pop. Additionally,…

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WednesdayDec 20, 2017 12:08 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Formalizes LOI for JV Agreement with Smart Cannabis Corp. (SCNA); Completes Corporate Audit

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has formalized a letter of intent signed earlier this month related to its entry into a multifaceted joint venture and co-marketing agreement with Smart Cannabis Corp. (OTC: SCNA). Per the terms of the agreement, SinglePoint will distribute SCNA’s SMARTAPP automation software product, as well as the upcoming ‘Track and Trace Software System’. As noted in the update, these platforms serve as natural add-on extensions to SinglePoint’s recently announced cybercurrency payment processing system. “We are extremely excited by the synergy we share with Smart Cannabis Corp.,” Wil Ralston, president…

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WednesdayDec 20, 2017 10:57 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Announces Development of New Subsidiary for Blockchain Technology Applications in the Trillion Dollar Logistics Industry

Global Payout, Inc. (OTC: GOHE) announced plans to launch a new subsidiary early next year that will focus on supplying chain finance solutions for the logistics industry. The press release noted that the solution suite utilizes a single-client interface for making domestic and international payments with foreign exchange options, and streamlines working capital financing through leveraging accounts receivable. Global Payout, Inc. President, William Rochfort, stated, “By spinning-out a subsidiary whose sole focus will be on advancing the development of a secure and highly-efficient blockchain system, I am confident we will be able to deliver an intuitive logistics network that will…

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WednesdayDec 20, 2017 10:34 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Featured on Top-Rated Cryptocurrency Podcast, “Bad Crypto Podcast”

ChineseInvestors.com, Inc. (OTCQB: CIIX), today’s premier financial information website for Chinese-speaking investors, announced that its CEO, Warren Wang, was recently featured on "Bad Crypto Podcast." In Episode 63, titled "Interview with Warren Wang of ChineseInvestors.com," Wang provided his perspective and insights on bitcoin and cryptocurrency in China. The interview with Wang, which was accessible to listeners in 183 countries, covered the current limitations and future possibilities for cryptocurrencies in China, the attitude of the Chinese toward bitcoin versus other financial instruments and the Chinese rush to enter the bitcoin market. To view the full press release, visit http://cnw.fm/Cdc80 About ChineseInvestors.com…

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TuesdayDec 19, 2017 10:14 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Reports Revenues in Excess of $1.6M for November

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning reported revenues exceeding $1.6 million for the month of November. As noted in the news release, the company’s management team now enters the final stretch of 2017 having developed a “strong and consistent trend for solid growth” by bolstering the popularity of Diamond CBD’s products and capturing the attention of celebrities and distinguished media sources nationwide. Demonstrating this growing trend, this morning’s update follows PotNetwork’s recent inclusion in an article (http://cnw.fm/ai49U) published by The Huffington Post. Titled ‘Five Corporations Leading the Way on CBD Industry Revolution’, the…

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MondayDec 18, 2017 12:08 pm

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Added to Horizons Marijuana Life Sciences Index ETF

Horizons ETFs Management (Canada) Inc. recently announced completion of its quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (“HMMJ”). Pre-clinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) is one of 11 new holdings that have been added to HMMJ’s portfolio, which is the world’s first ETF offering direct exposure to North American-listed securities involved with marijuana bioengineering and production. “Cannabis has been one of the newest and fastest-growing asset classes of 2017, presently valued at approximately $23 billion,” Steve Hawkins, president and CEO of Horizons ETFs, stated in a news release.…

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MondayDec 18, 2017 10:37 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Adjourns Voting for Proposals Three and Four from Annual Meeting of Shareholders

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has adjourned the voting for proposals three and four from its notice of annual meeting of shareholders, dated October 5, 2017. Proposal three seeks approval for the grant of 1.9 million shares of common stock, to be granted from time to time to the company’s current and new employees, advisors, directors and consultants by the board of directors. Proposal four seeks approval for the issuance of up to two million shares of the company’s common stock…

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