CannabisNewsBreaks

ThursdayNov 01, 2018 11:49 am

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Inks $40M Definitive Agreement for Strategic Acquisition of Sky Unlimited, LLC

Hydroponics supply company Sugarmade (OTCQB: SGMD) this morning announced its signing of a binding definitive agreement to acquire Sky Unlimited, LLC, which offers a variety of popular hydroponic brands to several growing agricultural cultivation sectors through its AthenaUnited.com operations and website. Sugarmade expects the acquisition to be highly accretive to common shareholder value and is raising its calendar 2019 revenue guidance from $30 million to $70 million. In accordance with the agreement, Sugarmade will assume all Sky Unlimited operations, brand assets, customers and liabilities, and will retain all employees. Sugarmade will issue Sky Unlimited owners ten million non-refundable shares of…

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ThursdayNov 01, 2018 10:21 am

CannabisNewsBreaks – American Premium Water Corp. (HIPH) Acquires Proprietary Hydro-Nano, CBD and THC Infusion Formation Technology

American Premium Water (OTC: HIPH) this morning announced its acquisition of proprietary technology including formulations infused with electrolyte energy, cannabidiol (“CBD”) and tetrahydrocannabinol (“THC”). Completed through the issuance of restricted stock, American Premium expects to boost its market share with these proprietary formulations that are based on the company’s hydro-nano technology utilized for its original CBD water beverage. The technology allows for an up to 90 percent higher absorption rate than any other beverage in its class, enabling rapid penetration of infused formulations into the cells through surpassing the bloodstream and creating a more immediate effect. The company intends to…

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ThursdayNov 01, 2018 10:00 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Presenting at the NIBA Investment Conference

ChineseInvestors.com (OTCQB: CIIX), developer of a proprietary financial news media and content platform providing information to the global Chinese-speaking community, this morning reported that it is presenting at the National Investment Banking Association (“NIBA”) 145th investment conference taking place Oct. 31 - Nov. 1 at the Crowne Plaza Times Square in New York City. The NIBA conference highlights both public and private companies that are looking to raise capital or to increase their profile in the investment community. In addition to investors, attendees of the event include registered investment advisors, venture capital groups, fund managers and private equity groups. "Our…

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WednesdayOct 31, 2018 1:54 pm

CannabisNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Benefits as Swelling Cannabis Demand Drives Retail Ecommerce Traffic

Golden Developing Solutions (OTC: DVLP), in conjunction with its subsidiaries, offers a broad range of high-quality, price-competitive products containing cannabidiol (“CBD”) and hemp oil in addition to health & wellness-related products. An article further discussing the company reads, “On October 17, 2018, Canada became the second country in the world to legalize cannabis for recreational use. Uruguay was the first, in 2013. In addition, presently, the District of Columbia and nine U.S. states – Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon, Vermont and Washington – have legalized recreational marijuana. Four more states – North Dakota, Michigan, Missouri and Utah –…

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TuesdayOct 30, 2018 2:49 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) to Grow Alongside Rapidly Expanding Cannabis Market Forecasted to Reach $47B by 2027

Hydroponics supply company Sugarmade (OTCQB: SGMD) is in a great position for growth through its various endeavors in the diverse cannabis industry, which is forecasted to reach $47 billion within the next 10 years. An article further discussing the company reads, “The company is one of the largest publicly traded hydroponics supply companies, with brands that include Zen Hydro, Carry Out Supplies, BudLife Cannabis Storage Solutions and Cali Grown Supplies. With a finger in so many pies, Sugarmade is poised for growth as the cannabis industry continues its exponential expansion. Spending on legal cannabis is projected to quadruple to over…

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TuesdayOct 30, 2018 1:08 pm

CannabisNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Expanding Oceans of Opportunity in Bagging New Coffee Deal

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) is taking advantage of oceans of opportunity and big business in the cruise industry in striking a new deal. An article discussing the company reads, “Its coffee manufacturing division, CLR Roasters, has bagged a contract with another top cruise operator. The two-year deal means roasting and serving coffee to the entire crew and staff of the cruise line, which has a fleet of 60 ships serviced by over 60,000 people from some 100 countries. It also requires CLR to supply coffee to the passengers of three luxury cruise ships. As global popularity…

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TuesdayOct 30, 2018 11:49 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Takes Necessary Steps to Uplist to a National Exchange

Cannabis Strategic Ventures (OTC: NUGS) recently appointed a new board member with expertise in finance as the company prepares to uplist to a national exchange. A recent article discussing the company’s strategic move reads, “The appointment of Alan Tran to the board of directors of Cannabis Strategic Ventures, Inc. (OTC: NUGS) augurs well for the company’s fortunes, because it is an action that’s likely to be replicated across the cannabis industry. A report in Forbes (http://cnw.fm/70IvM) titled ‘Marijuana is the Fastest-Growing Job Category, Top Recruiting CEO Says’ shows that those forces are already in play. Now that 31 states and…

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TuesdayOct 30, 2018 10:56 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Applauds DEA’s Removal of Certain CBD Products from Schedule 1 List of Controlled Substances

Biotechnology company Earth Science Tech (OTCQB: ETST) is set to gain from the U.S. Drug Enforcement Agency’s (“DEA”) recent decision to remove certain CBD products from its Schedule 1 list of controlled substances, making it easier to plan CBD clinical studies (http://cnw.fm/03dUM). A recent article discussing the company’s stance on the decision reads, “The DEA decided to remove some CBD products from its Schedule 1 list of controlled substances. It voted to reclassify FDA-approved drugs that contain cannabis-derived CBD and contain less than 0.1% tetrahydrocannabinol (THC) as Schedule V, the lowest restriction classification. … ETST sees this ruling as an opportunity.…

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TuesdayOct 30, 2018 10:27 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Expands Operations to Support Growing Digital Footprint

NUGL (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced expansion of its internal operations to support sales and marketing growth for the company, as well as the anticipated launch of NUGL Magazine. NUGL’s newly-created leadership positions include: LA Regional Sales Representative; National Sales Representative; and Online Digital Marketing Manager. In addition, five new consultants were added as part of the expansion in positions ranging from national advertising sales associates to internet traffic managers and national content contributors. “We are growing fast, and November is the month to start monetizing our growth. We are creating a massive…

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TuesdayOct 30, 2018 9:28 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Enters Final Stages of Audit; Begins Drafting Form 10

Global Payout (OTC: GOHE) in conjunction with its wholly owned subsidiary MTrac Tech Corp., this morning announced that it is in the final stages of its audit and has commenced drafting its Form 10. The company anticipates that its Form 10 will be filed within the next few weeks. The success of this objective signifies a key milestone for GOHE as it seeks to expand nationwide as a premier technology provider. “The completion of this audit has been a long time coming,” Global Payout CEO Vanessa Luna stated in the news release. “There were a number of challenges associated with…

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