CannabisNewsBreaks

WednesdayDec 12, 2018 11:19 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Major Common Share Restructuring Aimed at Increasing Shareholder Value and Uplisting to OTCQB

Cannabis Strategic Ventures (OTC: NUGS) this morning announced a major common share restructuring led by its CEO Simon Yu, who will cancel 60 million shares with the intention to increase shareholder value as well as uplist to the OTCQB Venture Market Place. This latest restructuring expands on an August 2018 undertaking where NUGS canceled 75.6 million shares, including 20 million from Yu, also aimed at increasing value for investors and to qualify the company for OTCQB uplisting. “2018 has been a tremendous year for the cannabis industry, marijuana stocks and cannabis investors. Reducing the number of outstanding shares increases the…

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WednesdayDec 12, 2018 10:28 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary MTrac Tech Corp. Details Expansion into Washington State, New California Markets

Global Payout Inc. (OTC: GOHE), together with wholly owned subsidiary MTrac Tech Corp., this morning announced that the MTrac payment platform is expanding into Washington state and three new markets in California, including Los Angeles, Sacramento and the Bay Area. Per the update, these agreements represent strategic growth into seven states and a footprint into some of the largest cannabis markets in the country. “The last few weeks have continued to solidify how valuable our solution is to the industry,” Aaron Adler, CRO of MTRAC, stated in the news release. “We have been speaking with major organizations across the country,…

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WednesdayDec 12, 2018 10:26 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Upgrades Trading Tier to OTCQB Venture Marketplace

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that it has upgraded its trading tier on the OTC Markets to the OTCQB Venture Marketplace. MCOA views the move as an important step in continued distinction in the marketplace, enabling the company to provide investors with transparent and reliable operations audit information, business strategy overviews and current quarterly financial statements. “Our company will continue to be aggressive in executing our business plan and we believe this is a necessary step to help legitimize MCOA as one of the top fully reporting public cannabis companies involved…

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WednesdayDec 12, 2018 9:29 am

CannabisNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Announces Strategic Alliance Between Two Portfolio Clients

Redfund Capital (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) this morning announced the formation of a strategic alliance between two of its portfolio companies, Winterlife Inc. and Mary’s Wellness Ltd., to begin a global cannabis product launch. The two companies are working together to first launch Mary’s Wellness, a well-known Canadian tea brand, into the US. In addition to a planned Canadian introduction once CBD edibles are permitted in the country, Winterlife is also working on its own massive US expansion by branding a new suite of Winterlife CBD products. “The emphasis on globalization for Mary’s Wellness signals Redfund’s commitment to…

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TuesdayDec 11, 2018 3:42 pm

CannabisNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Brings Widespread Market Reach to Fruition in Canada

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a Canadian licensed cannabis producer primarily focused on premium brands and products, has secured an impressive market reach spanning six Canadian provinces. A recent article discussing the company reads, “The company has also achieved success in lining up distribution channels in the adult-use recreational cannabis market, selling directly to consumers in six Canadian provinces, including Ontario. Its agreement to supply market leader Tilray with product for medical cannabis patients in Canada gives 7ACRES a big-league connection, and the company’s international potential is forming around a recent partnership agreement and 10 percent…

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TuesdayDec 11, 2018 3:28 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Serving the Legal Cannabis Sector with its Innovative Payment Processing System

Medical Cannabis Payment Solutions (OTC: REFG) serves the legal cannabis industry through its first-class, end-to end payment processing system called “Go.” A recent article discussing the company reads, “Offering the benefits of banking and merchant processing, Medical Cannabis Payment Solutions continues to innovate in the legal cannabis sector. The company’s goal is to help businesses operate legally and process payments securely. Regulatory compliant and dedicated to this mission, Medical Cannabis Payment Solutions offers its customers and stakeholders new ways to do business in a burgeoning industry.” To view the full article, visit http://cnw.fm/qW3nV About Medical Cannabis Payment Solutions Medical Cannabis…

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TuesdayDec 11, 2018 11:19 am

CannabisNewsBreaks – Beverage Trade Network to Launch First-Ever Cannabis Drinks Expo in July 2019

Multifaceted financial news and publishing company CannabisNewsWire (“CNW”) today announced that Beverage Trade Network will host the first-ever Cannabis Drinks Expo, scheduled to debut at the South San Francisco Conference Center on July 25, 2019. The expo is designed to help innovators in the global drinks industry better understand the challenges and potential opportunities in the rapidly-evolving multi-billion-dollar legalized cannabis industry. “We’re really excited about the quality of speakers that we’ve already lined up for the Cannabis Drinks Expo,” Beverage Trade Network Chief Communications Officer Ankita Okate stated in the news release. “Our goal is to introduce both exhibitors and…

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TuesdayDec 11, 2018 10:30 am

CannabisNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) Names Covet Public Relations as PR Agency of Record

Hemp-cultivated cannabinoid innovator Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the appointment of Covet Public Relations (“PR”) as its national U.S. public relations agency of record, effective immediately. The award-winning PR agency, led by Founder and CEO Sara Brooks, will oversee the company’s communications to support and raise the visibility of its Oki lifestyle brand. The company recently launched the line of functional beverages and supplements infused with active hemp extract (www.FeelOki.com). “We are very excited to be partnering with an agency of Covet PR's pedigree in the CPG space,” Phivida Holdings CMO Mike Cornwell stated in the…

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TuesdayDec 11, 2018 9:41 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Board Considering Dual Listing of Common Shares on Canadian Securities Exchange

Innovative biotechnology company Earth Science Tech (OTCQB: ETST), which is now an “OTC reporting issuer” in the Canadian province of Québec, today announced that its board of directors is considering a dual listing of its common shares on the Canadian Securities Exchange (“CSE”). According to the update, ETST intends to file an application with the CSE early next year, and listing is possible as early as Q3 2019 subject to certain regulatory approvals to allow the company to market and sell its common shares to Canadian investors. “The Canadian Securities Exchange has seen significant increases in trading, particularly in the…

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TuesdayDec 11, 2018 9:21 am

CannabisNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches New hempSMART Website, Sales Platform

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced the launch of a new corporate hempSMART™ website as well as a new marketing platform for the company’s associates. The new associate platform enables hempSMART customers to subscribe monthly to its products, which will result in monthly reoccurring revenue for MCOA. The new platform is designed to incentivize existing and future associates to take full advantage of its recently structured compensation plan. “As we start the hempSMART global expansion, it was imperative to have a platform able to facilitate a large number of affiliates with different…

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