CannabisNewsBreaks Archive - Page 135 of 136

MondayJan 09, 2017 12:58 pm

CannabisNewsBreaks – Medical Marijuana, Inc. (MJNA) Reports Positive Data on CanChew Plus® CBD Gum by AXIM® Biotechnologies, Inc. (AXIM)

Shares of Medical Marijuana (OTC: MJNA) are ticking higher after the company said its major investment company, AXIM® Biotechnologies (OTC: AXIM), received positive pharmacokinetic (PK) data results on its CanChew Plus® CBD Gum, which will be used in upcoming clinical trials as treatment for irritable bowel syndrome (IBS). The single dose study conducted to determine the concentration of CBD in the blood after chewing one CanChew Plus® Gum for 30 minutes showed positive results for the 30 mg dosage. This data will be used to determine the optimal concentration in the IBS patient trial. AXIM aims to provide a pharmaceutical…

FridayNov 04, 2016 11:18 am

Singlepoint, Inc.’s (SING) SingleSeed to Address Payment Challenges of Cannabis Industry

The marijuana industry is on pace to reach $20.6 billion by 2020, a figure that could tick higher as more states vote on legalization for medical or recreational use. One area lacking in this burgeoning industry is payment solutions. Singlepoint’s (OTC: SING) SingleSeed subsidiary is rising to the challenge, “awakening from a quiet period to provide state-of-the-art payment solutions and mobile marketing aimed at helping industry players grow their businesses safely and securely … SingleSeed and its processing partner have extensive relationships and technology partners they can leverage to develop the necessary apps and tools that will help protect the…

ThursdayNov 03, 2016 2:30 pm

Alternet Systems, Inc. (ALYI) Inks LOI with North American Cannabis Holdings, Inc. (USMJ), Aims for Cannabis Retail Payment System

Shares of Alternet Systems, Inc. (OTC: ALYI) are trading higher after North American Cannabis Holdings, Inc. (OTC: USMJ) announced a Letter of Intent between the two companies, with an end goal of bringing a cannabis retail payment system to market. The LOI is the initial advancement toward a “comprehensive contract” under which Alternet would acquire select assets from North American Cannabis Holdings, potentially enabling Alternet to leverage its financial software industry experience and introduce a cannabis retail payment system. To view the full press release, visit: http://nnw.fm/i3iLZ About Alternet Systems, Inc. Alternet Systems, Inc. (ALYI) invests in innovative ways to…

ThursdayOct 27, 2016 2:03 pm

Cheribum Interests, Inc. (CHIT): BudCube Cultivation Advances Technology Deployment, Shares Climb

Shares Cherubim Interests (OTC: CHIT) are up 8% mid-day, potentially moving from yesterday’s news that its wholly owned subsidiary, BudCube Cultivation Systems USA, has initiated due diligence for its inaugural site location to deploy its BudCube Cultivation Systems Technology. BudCube Cultivation Systems is an expansion-stage alternative construction and real estate development company and developer of a proprietary, fully portable and scalable, Controlled Environment Agriculture Technology that serves as a turnkey solution for cultivators of legal medical and recreational cannabis. "This industry is moving very rapidly … The market is there, the demand is high, but the supply from legal cultivators…

FridayOct 21, 2016 12:50 pm

MassRoots, Inc. (MSRT) Raises $5M, Marking Company Milestone

MassRoots (OTCQB: MSRT) shares climbed 7% Friday morning following the company’s announcement that it has completed its $5.0 million equity offering under its Registration Statement, declared effective by the SEC in August. The company said the offering provides its largest cash on hand in its corporate history and that “these funds are sufficient for the Company to reach cash-flow positive and to scale our commercialization efforts to a much wider audience.” To view the full press release, visit: http://nnw.fm/m9U7T About MassRoots MassRoots is one of the largest and most active technology platforms for cannabis consumers, businesses and activists with over…

ThursdayOct 20, 2016 12:22 pm

American Cannabis Company, Inc. (AMMJ) Shares Climb on Contract with Canadian Firm

American Cannabis Company, Inc.™ (OTCQB: AMMJ) is up more than 4% in morning trade after the full-service business-to-business consulting solutions provider, and seller of ancillary products to the cannabis industry, this morning announced its new design and consulting contract with a Canadian firm for the purpose of creating a cannabis Licensed Producer facility within the Atlantic provinces. The company said the multi-phase project will begin with the construction of an indoor facility. "The Canadian market is experiencing tremendous growth and we are excited to be working with a client who is positioned to excel within that market. They have a…

TuesdayOct 11, 2016 11:20 am

Terra Tech Corp. (TRTC) Climbs 6% on Scheduled Opening of its Third Cannabis Dispensary in Nevada

Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, this morning announced the grand opening of its latest Blüm retail dispensary scheduled for October 22, 2016. The-5,220-square foot facility, located at 1130 East Desert Inn Road in Las Vegas, will offer the company’s premium medical cannabis, flowers, shatters, waxes and oils, among other cannabis products. This is Terra Tech's third retail location in Nevada, in addition to the Western Las Vegas Dispensary and the South Decatur Boulevard Las Vegas Dispensary. The company also operates a Blüm dispensary in Oakland, California. News of the opening pushed shares nearly 6%…

TuesdayOct 04, 2016 11:27 am

Growblox Sciences, Inc. (GBLX) Acquires Two Licenses to Support Medical Cannabis Cultivation and Production

Growblox Sciences (OTCQB: GBLX) this morning reported its acquisition of two additional Medical Marijuana Establishment ("MME") licenses in Clark County, Nevada. To acquire the licenses, Growblox formed GB Sciences Las Vegas, LLC, for which Growblox will be the owner/operator and own 60% of the entity with the option to own up to 80%. The production license allows Growblox to convert plants to oil, which can be used to make personal vaporizer pens, gel caps, edibles, beauty aids, cosmetics, pure botanicals, extracts, and other products. The cultivation license expands Growblox’s current Nevada cultivation capacity, which at full production can currently support 4,000…

FridaySep 23, 2016 1:19 pm

Laguna Blends, Inc. (LAG) (LAGBF) (LB6A.F) Joins Canadian Securities Exchange Composite Index

Laguna Blends Inc. (CSE: LAG) (OTC: LAGBF) (Frankfurt: LB6A.F) this morning announced its inclusion to the CSE Composite index, reflecting the network marketing company’s aggressive expansion strategy. "Inclusion in the CSE Composite index is another indicator Laguna continues to deliver shareholder value through its strategic growth strategy. Laguna has positioned itself to be a dominant player in the distribution and marketing of unique hemp and CBD related products around the world," Bryan Loree, CFO of Laguna Blends, stated in the news release. Laguna Blends uses a network of independent affiliates to market its hemp-based functional beverages, and is exclusively licensed…

ThursdaySep 22, 2016 2:09 pm

Terra Tech Corp.’s (TRTC) Edible Garden Begins Shipping Herb Line to Latest Customer

Terra Tech (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, this morning announced that its Edible Garden subsidiary has commenced shipping of its line of 4-inch potted living herbs to nationwide supermarket chain Wegmans Food Markets, Inc. Edible Garden is a retail seller of locally grown hydroponic produce, herbs and floral products. Its living potted herbs are USDA-certified organic and without contaminants, pesticides and GMOs. The company says that since Q2 2016 it has more than tripled production of its herb line in response to supermarket demand and increasing popularity among consumers. “As a result of the popularity of this…

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