CannabisNewsBreaks

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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MondayOct 29, 2018 3:50 pm

CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) Completes IPO; Begins Trading on the Canadian Securities Exchange

Plus Products (CSE: PLUS) has successfully completed its initial public offering (“IPO”) of 6,153,847 subordinate voting shares at a price of CAD $3.25 per share. The offering resulted in total gross proceeds to the company of CAD $20,000,002.75. Canaccord Genuity Corp., Haywood Securities Inc. and PI Financial Corp. acted as agents for the IPO. PLUS has granted the agents 297,784 non-transferrable share purchase warrants that are exercisable into one subordinate voting share in the capital of the company at the price of CAD $3.25 each for a period of 24 months. The agents also received a fee equal to 6%…

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MondayOct 29, 2018 2:46 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Serves the Legal Cannabis Sector with its Proprietary Payment Processing Solution

Medical Cannabis Payment Solutions (OTC: REFG) has developed a premier end-to-end proprietary payment processing solution that is FinCEN compliant called ‘Green’. An article discussing the company’s platform reads, “A business can accept cash with an understanding that it has a safe and user-friendly way to manage cash with deposits, withdrawals, spending and transfers, all out of one easy system. Therefore, Medical Cannabis Payment Solutions makes it possible to serve the varied needs of medical and recreational cannabis consumers. … The company allows the online signup of vendor clients on its website. It additionally provides online bank accounts. Therefore, this helps…

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MondayOct 29, 2018 1:24 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Holds Robust IP Portfolio Protecting DehydraTECH Technology

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) drug delivery platform DehydraTECH employs its patented technology to improve bio-absorption and bioavailability of active ingredients while covering unpleasant tastes. A recent article discussing the company’s technology reads, “Lexaria’s disruptive DehydraTECH drug delivery platform is protected by a robust suite of patents granted or pending worldwide. It has been proven effective in multiple international studies in greatly assisting rapidity and quantity of absorption of a range of lipophilic (i.e., fat-soluble), bioactive molecules – such as those contained in cannabinoids (CBD), nicotine, non-steroidal anti-inflammatory drugs (NSAIDs) and other molecules. DehydraTECH offers a healthier, oral ingestion…

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MondayOct 29, 2018 12:26 pm

CannabisNewsBreaks – American Premium Water Corp. (HIPH) and Canna Nano Enter Nano-Infused CBD Collaboration, Discuss Long-Term Partnership

American Premium Water Corp. (OTC: HIPH) this morning announced its entry into a strategic agreement with Canna Nano to produce and bring to market nano-infused cannabidiol (“CBD”) water. Under the agreement, the company will begin selling the product through all of its distribution channels. Additionally, HIPH and Canna Nano are participating in advanced discussions regarding a long-term partnership, as well as potential acquisition structures of Canna Nano by American Premium. HIPH CEO Ryan Fishoff stated in the news release, “Canna Nano has a robust distribution network across the country, and it will complement the geographic focus markets American Premium is…

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FridayOct 26, 2018 2:22 pm

CannabisNewsBreaks – NUGL Inc. (NUGL) Delivering Unbiased Search Results to App Users

NUGL (OTC: NUGL) is a leader in the evolution of business relations, development and organic data in the cannabis industry. NUGL consistently adds new features to its internet-based search engine application that enables cannabis users to locate a specific product through a responsive directory. A recent article discussing the company’s technology reads, “NUGL is the cannabis industry’s first search app and online directory offering metasearch power with unbiased search results that don’t foster paid placement listings or preferential outside reviews. The search engine serves an international market without geographic borders and offers users a simple way to verify the cannabis…

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FridayOct 26, 2018 1:29 pm

CannabisNewsBreaks – Sugarmade, Inc. (SGMD) Strengthening its Foothold in the Cannabis Industry through Marketing Agreements and Acquisitions

  Hydroponics supply company Sugarmade (OTCQB: SGMD) is anticipating a surge in top line revenue growth following the acquisition of two hydroponic cultivation companies. An article further discussing the company reads, “The company’s formal acquisition proposals target a profitable and cash-flow positive Southern California-based major supplier of hydroponic cultivation supplies to the wholesale sector and to large commercial cultivators. Under the terms of the proposal, Sugarmade would acquire the organization, which is producing in excess of $40 million of revenue per year, for a combination of cash and Sugarmade common stock. The second target is a Washington state-based retailer, which…

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FridayOct 26, 2018 11:55 am

CannabisNewsBreaks – Why American Premium Water Corp. (HIPH) is “One to Watch”

American Premium Water (OTC: HIPH) is a diversified holding company, manufacturer, distributor and marketer of branded consumer products based in Playa Vista, California. An article further discussing the company’s holdings reads, “LALPINA Hydro CBD is a technically superior CBD-infused beverage. Using hydro and nanotechnology, LALPINA Hydro CBD encapsulates water molecules with cannabidiol molecules, making them infinitely more bioavailable and accelerating delivery to the body’s cells and tissues. Each bottle of LALPINA Hydro CBD contains 3 million nanograms of CBD free from the psychoactive compound THC (tetrahydrocannabinol). HIPH is the first to introduce a hydro-nano CBD-infused beverage on the market, which…

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FridayOct 26, 2018 11:45 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Expanding Portfolio to Include Cannabis Cultivation

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its intention to expand its business portfolio to include cannabis cultivation. The company has initiated its pre-acquisition due diligence process through the identification and analysis of prospective cultivation properties. NUGS believes this expansion will support growth of its current brand forward strategy and provide opportunities for vertical integration through its ability to produce and source products from the cultivation operation. Cannabis Strategic CEO Simon Yu stated in the news release, “We have identified several cannabis cultivation locations in California, and have started analyzing these for possible acquisition. Currently, the Cannabis Strategic Ventures…

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FridayOct 26, 2018 9:30 am

CannabisNewsBreaks – The Flowr Corporation (TSX.V: FLWR) Appoints CEO to Board of Directors; Engages Independent Trading Group, Inc.

The Flowr Corp. (TSX.V: FLWR), a Canadian Licensed Producer of premium cannabis products, has appointed the company’s CEO, Vinay Tolia, to its Board of Directors. Tolia will be replacing David Towill, who is stepping down from the company’s board effective October 26, 2018. In addition, FLWR has engaged Independent Trading Group Inc. (“ITG”) to provide market maintenance services in compliance with the guidelines of the TSX Venture Exchange and other relevant legislation. FLWR will pay CAD $5,000 per month to ITG during the period of the agreement, which will last a minimum of three months. The primary reason for the…

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