Breaks Categories: News

MondayNov 27, 2017 9:52 am

CannabisNewsBreaks – Skinvisible Pharmaceuticals, Inc. (SKVI) Enters Non-Binding Term Sheet for Proposed Merger with Quoin Pharmaceuticals

Skinvisible Pharmaceuticals (OTCQB: SKVI) has entered into a non-binding term sheet regarding a proposed merger with Quoin Pharmaceuticals Ltd. per the company’s announcement this morning. The completion of the proposed merger is subject to the negotiation of a definitive agreement and other customary closing conditions including tax, accounting, legal, and regulatory conditions. The new company would continue trading on the OTCQB market under the name Quoin Pharmaceuticals Inc. and is expected to have a robust product portfolio addressing major unmet medical needs. Post-merger, the new company will be 72.5% owned by Quoin shareholders and Skinvisible shareholders will own 27.5%, prior…

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MondayNov 27, 2017 9:15 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Set to Present at LD Micro Main Event; Reports Warrant Exercise

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it will be presenting at the upcoming 10th annual LD Micro Main Event taking place December 5-7 in Los Angeles, California. Additionally, the company is filing its annual Form 10K which includes financial statements that will be available today at the Securities and Exchange Commission's website (www.sec.gov). Lexaria also said that through the exercise of warrants and a compensation option certificate previously granted, the company has received US $118,913. The compensation option certificate was exercised at…

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WednesdayNov 22, 2017 3:40 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Obtains Expanded Accreditation to Conduct Pesticide, Residual Solvent Tests

EVIO, Inc. (OTCQB: EVIO), a national leader in providing accredited analytical testing, scientific research and advisory services to the regulated cannabis industry, today announced that it has been granted an expansion to its accreditations from the Oregon Environmental Laboratory Accreditation Program (“ORELAP”), a division of the Oregon Health Authority. The newly expanded accreditations enable EVIO Labs to offer full-scope pesticide testing at its Medford location. Additionally, EVIO received accreditation to test for residual solvent residues at its Portland location. "Bringing pesticide testing fully in-house and expanding our capability with residual solvent analysis will also allow us to substantially increase our…

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WednesdayNov 22, 2017 9:28 am

CannabisNewsBreaks – Veritas Pharma Inc.’s (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) CTL Subsidiary Inks Letter of Intent with FDI of Puerto Rico to Initiate Human Trials of CTL-X

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) recently announced that its 80% owned subsidiary, Cannevert Therapeutics Ltd. ("CTL"), signed a letter of intent with the Fundación de Investigación (“FDI”) in San Juan, Puerto Rico, to conduct the first human study of CTL-X for the treatment of pain. The study of CTL-X, CTL’s lead cannabis strain for pain, will be conducted in two stages to assess the treatment’s analgesic effects. “We are pleased to see Cannevert’s lead strain for pain is finally heading into human trials. It’s important to us to move quickly into this next phase of providing clinical…

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TuesdayNov 21, 2017 9:16 am

CannabisNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Establishes Industry Connections at MJBizCon

Global Payout (OTC: GOHE) today announced that its majority owned MoneyTrac Technology, Inc. (“MTRAC”) subsidiary successfully established a presence at the 2017 Marijuana Business Convention ("MJBizCon") in Las Vegas, Nevada. MTRAC chief operating officer, Vanessa Luna and PotSaver founder, Aaron Adler represented the company at the convention. While in Las Vegas, MTRAC took meetings with key collaborators engaged in implementing compliance features that will be required to operate a successful banking solution for the cannabis industry. "I am impressed by the tremendous amount of interest our brands are generating amongst some of the most important individuals in the cannabis industry.…

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TuesdayNov 21, 2017 8:38 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) CEO Dr. Richard Goulding to Discuss Recent Achievements, Corporate Outlook on R.P. Summit Business Hour

PotNetwork Holding (OTC: POTN) this morning announced that the company’s CEO Dr. Richard Goulding will discuss PotNetwork’s recent achievements and future outlook on national radio and web broadcast “THE SHOW.” Dr. Goulding will be interviewed by Mick Bazsuly on R.P. Summit Business Hour regarding recent developments and the company’s corporate vision for 2018. To hear the interview in its entirety, visit www.amp2.tv. To view the full press release, visit http://cnw.fm/wBq5L About PotNetwork Holding, Inc. PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of…

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MondayNov 20, 2017 12:13 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc.’s (CIIX) CBD Biotechnology Enterprise Partners with Chinese Beauty Influencer to Launch CBD Magic Hemp Series Skincare Line on Taobao

ChineseInvestors.com (OTCQB: CIIX) said today that its foreign enterprise, CBD Biotechnology Co. Ltd., has partnered with The Godfather of Beauty for the launch of its "CBD Magic Hemp Series" skincare line on China's largest e-commerce retailer Alibaba. There were over 40,000 views during the first broadcast of "China Taobao Live Broadcasting Celebrity Show," with more than 91 units from the CBD Magic Hemp Series skincare line purchased minutes into the launch. "The success of the initial launch of the CBD Magic Hemp Series skincare line on Taobao solidifies our belief that Chinese consumers recognize that the anti-inflammatory agents and anti-oxidants…

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MondayNov 20, 2017 8:43 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Reports Q2 2018 Financial Results

India Globalization Capital (NYSE American: IGC) today reported financial results for the second quarter ended September 30, 2017, as well as an overview of recent operational highlights. The company’s legacy division which consists of rental of heavy equipment, commodities trading, and real estate management delivered revenue of $235,648 for the three months ended September 30, 2017, a sharp increase compared to $162,163 for the three months ended September 30, 2016.  The increase was primarily driven by increased volume of business. At the end of the second quarter, the company’s cash and cash equivalents along with restricted cash was $597,026 and…

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ThursdayNov 16, 2017 12:49 pm

CannabisNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Advances Cryptocurrency Token Development with Pegasus Fintech

Global Payout (OTC: GOHE) said today that its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary continues to make noteworthy progress with Pegasus Fintech, Inc. on their collaboration to develop a cryptocurrency token for the cannabis industry. In October, MTRAC announced the establishment of the strategic partnership to create a token that will deliver an effective option for transaction processing in the cannabis industry. The companies also aim to create a level of effective transparency in an industry where tracking transactions is a critical part of assuring compliance. MTRAC and Pegasus intend to complete all the required due diligence to meet the requirements…

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ThursdayNov 16, 2017 12:11 pm

CannabisNewsBreaks – Skinvisible (SKVI) Inks Licensing Agreement for Distribution of Topical Cannabis Products in Select U.S. Markets

Pharmaceutical solutions researcher Skinvisible Pharmaceuticals, Inc. (OTCQB: SKVI) this morning said its Ovation Science subsidiary has reached a licensing agreement with Cannabiniers, a subsidiary of Lighthouse Strategies, LLC, to distribute Skinvisible’s patented Invisicare transdermal drug-delivery technology to select markets in the United States where medical cannabis products have been legalized. "We are excited to have Cannabiniers as a partner in the U.S. cannabis market. They are branding experts and have the vision and infrastructure to take Ovation's cannabis products across the United States," Skinvisible President Terry Howlett stated in the press release. "Leveraging Cannabiniers branding strategies, we have the ability to…

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