Breaks Categories: News

ThursdayNov 09, 2017 11:16 am

CannabisNewsBreaks – Marijuana Company of America (MCOA) Completes Financing for Bougainville Ventures JV Agreement

Marijuana Company of America Inc. (OTC: MCOA), an innovative hemp and cannabis corporation, this morning announced that it has completed its financing of $800,000 in cash and 15 million shares of the company’s common stock in full satisfaction of the amended terms of its joint venture agreement with Bougainville Ventures, Inc. ("BV"). Per the terms of the agreement and with the completion of funding, MCOA has secured a 50 percent equity stake in BV-MCOA Management, LLC and will receive 50 percent of the net profits from leasing the planned facility, which will accommodate a contracted cannabis production and processing tenant…

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ThursdayNov 09, 2017 10:43 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Filing of New Patent Application with USPTO

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it has filed a new patent application with the U.S. Patent and Trademark Office (“USPTO”) covering the use of its DehydraTECH™ technology for the delivery of phosphodiesterase type 5 (PDE5) inhibitors. Existing products occupying this space include Viagra™ (sildenafil) and Cialis™ (tadalafil). Per the update, a common complaint regarding existing PDE5 inhibitors relates to the slow-acting nature of the substances. Lexaria believes that its patented DehydraTECH™ technology, building on existing research with cannabinoid delivery, will…

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ThursdayNov 09, 2017 10:07 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Moving Closer to Launch of ICO

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), continues to make significant headway with Pegasus Fintech, Inc. related to their joint efforts to develop a cryptocurrency token for the cannabis industry. “We are truly excited about the progress our tech and business development teams have made in recent weeks with the collaborative work they have been engaged in with Pegasus Fintech,” James Hancock, CEO of MTRAC, stated in the news release. “MoneyTrac’s entry into the digital currency market will be a very big step forward in our objective…

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ThursdayNov 09, 2017 9:39 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Enters Distribution Partnership with Vapor Group, Inc. (VPOR) Subsidiary

PotNetwork Holding, Inc. (OTC: POTN) this morning announced its entry into a distribution partnership with Total Vapor, Inc., a subsidiary of Vapor Group, Inc. (OTC: VPOR), to distribute Vapor’s Easy Grinder™ electronic herbal grinder, which is designed to meet the needs of the medical marijuana marketplace. “We are constantly on the look out for new, superior, cutting-edge products to add to our consumer offerings and distribution to our resellers,” Maria Gomez, regional vice president of sales for PotNetwork subsidiary Diamond CBD, Inc., stated in the news release. “Easy Grinder™ is such a product as it is unmatched in performance and…

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WednesdayNov 08, 2017 11:47 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) CEO Interviewed on Small Cap Spotlight Podcast

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that Dr. Richard Goulding, its new chief executive officer, has been interviewed by Dave Donlin on the Small Cap Spotlight Podcast, which is featured exclusively on PublicWire.com. In the interview, Goulding summarizes PotNetwork’s recent accomplishments and sheds light on how the company has strategized to continue evolving. He also discloses how PotNetwork intends to employ in-house testing on its products in order to facilitate greater discovery of how specific blends can be potentially beneficial to customers. The full interview can be heard at http://cnw.fm/nWn2y. To view the full press release, visit http://cnw.fm/yCA3J…

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WednesdayNov 08, 2017 11:05 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Uptick Newswire “Stock Day” Interview

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that CEO Greg Lambrecht was a special guest on the first-ever video recording for Uptick Newswire “Stock Day” with new host Kathryn Donnelly. In the interview, Lambrecht reviews SinglePoint’s plan for bringing revenues in house during 2018, as well as the strategy behind the products that it is marketing to the cannabis sector. Lambrecht concludes the interview by discussing SinglePoint’s efforts to uplist to the OTCQB Venture Market, including outlining how the company will get there and evaluating its current stock price. To review the full interview, visit http://cnw.fm/g8qHN. To…

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ThursdayNov 02, 2017 12:44 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Acquisition of 100% Ownership Interest in Poviva Tea, LLC

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it has acquired 100 percent ownership interest in its majority owned subsidiary, Poviva Tea, LLC. Lexaria previously owned 51 percent interest in Poviva Tea. “This acquisition strengthens Lexaria's intellectual property positioning and we reaffirm our commitment to the ViPova Tea product lines,” Chris Bunka, chief executive officer of Lexaria, stated in the news release. “Lexaria thanks the founders of Poviva Tea, LLC for their assistance and vision in this transaction.” Per the update, compensation related…

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ThursdayNov 02, 2017 11:48 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sells Front Cover of First PotSaver Los Angeles Edition

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has successfully sold the front cover of PotSaver’s premier Los Angeles edition, which is slated for release and mass distribution on January 1, 2018. “We are thrilled to have completed the sale of PotSaver’s premiere Los Angeles edition,” Vanessa Luna, COO of MTRAC, stated in the news release. “With the new recreational law going into effect at the turn of the new year, we are truly in the most exciting, but also crucial time in this industry’s young history. By…

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ThursdayNov 02, 2017 9:54 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Achieves 29% QoQ Revenue Increase in 3Q17

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its wholly owned subsidiary, Diamond CBD, Inc., reported revenues of nearly $4.5 million for the third quarter of fiscal 2017, realizing a net quarter-over-quarter increase of 29 percent. “We are very pleased with this quarter’s results and forge ahead into the fourth quarter with strengthened anticipation once again,” Dr. Richard Goulding, CEO of PotNetwork, stated in the news release. As recently reported, PotNetwork has retained the auditing services of East West Accounting Services, LLC, a Public Company Accounting Oversight Board (“PCAOB”) registered CPA firm, to provide a methodical review and analysis…

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WednesdayNov 01, 2017 10:10 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Receives Extensive Patent Allowance from USPTO

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, announced late yesterday that it has received a new Notice of Allowance from the United States Patent and Trademark Office (“USPTO”) related to the use of its innovative DehydraTECH™ technology as a delivery platform for the full list of active pharmacological ingredients requested, including all cannabinoids, fat-soluble vitamins, nonsteroidal anti-inflammatory pain medications (“NSAIDs”) and nicotine. The company expects formal patent issuance within three to four months, with provided protections extending through 2035 or later. “This wide-ranging patent allowance from the USPTO exceeds our expectations,” Chris Bunka, chief executive…

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