CannabisNewsBreaks Archive - Page 324 of 429

ThursdaySep 06, 2018 10:02 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Accepting Applications for Banking Solution from State Sanctioned Cannabis Establishments

Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it is accepting applications for depository accounts for all state sanctioned medical marijuana establishments through its website at www.Take.green. In addition, the company said it has received over 100 applications for its processing and banking products. “Once applicants have their depository account set up, our payment solution will be able to transact compliant, electronic, cashless payments,” Medical Cannabis Payment Solutions CEO Jeremy Roberts stated in the news release. “Most medical marijuana establishments are dealing with the crisis of not having any real banking solutions. We’re excited to offer our ability…

ThursdaySep 06, 2018 9:35 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Highlights Strong Growth of Cannabis Search Platform

NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced that the North American growth of its industry-leading cannabis search platform has surpassed expectations, with its online user base and number of listed profiles continuing to expand. “We have methodically approached both users and profile listings simultaneously. We are determined to grow the user base while expanding the company’s listings and profiles at the same time,” Ryan Bartlett, CMO of NUGL, stated in the news release. “NUGL is reaching thousands of users, hundreds of claimed profiles and is growing on both fronts daily. The NUGL Instagram…

WednesdaySep 05, 2018 12:16 pm

CannabisNewsBreaks – The Flowr Corp. Names New CEO

The Flowr Corp., a vertically-integrated Canadian licensed producer that focuses primarily on premium flower production, recently named Vinay Tolia as the company’s incoming CEO, pending regulatory approval. As the managing member of Bengal Capital Trading LLC, a derivatives trading firm with a focus on listed equity options, Tolia brings financial experience to the role as well as a deep knowledge of the cannabis industry. Per the release, Tolia was an early investor in Flowr and served as an advisor to the company. “Vinay will bring great knowledge, skill and energy to the role along with a passion for Flowr’s mission,”…

WednesdaySep 05, 2018 10:36 am

CannabisNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Unveils Brand Forward Strategy for the Cannabis Industry

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its increased commitment to cannabis industry brands and innovators through the development of a proprietary branding and partnership model for the cannabis industry. As its primary investment focus, Cannabis Strategic Ventures intends to continue to develop multiple proprietary brands over the coming months. The company also aims to continue its work to enhance its infrastructure, product sourcing, communication and content support offerings. “Branding is becoming more important to the development of this industry,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “As a firm, we predict consumer-focused cannabis brands will…

TuesdaySep 04, 2018 11:39 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Proprietary Cannabinoid Extraction Protocol

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) today announced that it has successfully optimized its extraction protocol during its soluble gel ("Sol-gel") drug delivery research and development program. The company augmented the circumstances for extracting cannabinoids from one of its cannabis strains and established a proprietary method for the accurate quantification of cannabinoids present in the extract. The accuracy and precision of the company’s extraction protocol was confirmed against eight commercial cannabinoid standards over a wide concentration range. PreveCeutical anticipates that the new protocol will accelerate the creation of a library of chemically fingerprinted cannabinoid extracts.…

TuesdaySep 04, 2018 11:22 am

CannabisNewsBreaks – The Flowr Corp. Announces Close of C$36M Offering

The Flowr Corp., a Canadian licensed producer that focuses primarily on premium flower production, this morning announced that it has closed its offering of subscription receipts, which was previously oversubscribed and raised approximately C$36 million. Per the update, the offering is a further step toward completing the company’s previously announced plan to effect a reverse takeover of The Needle Capital Corp., which is anticipated to occur on or before September 10. “Completing this oversubscribed offering is another exciting milestone on Flowr’s journey to producing the finest cannabis experience in the world as well as an acknowledgement of investors’ belief in…

TuesdaySep 04, 2018 10:48 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reaches Fully Reporting Status with the SEC

Biotechnology company Earth Science Tech (OTC: ETST) this morning announced its Form 10 filing effective date of August 29, 2018, making the company fully reporting with the Security Exchange Commission (“SEC”). ETST is now subject to the reporting requirements of the Exchange Act of 1934, as amended. “With our Form 10 filing now effective, ETST is progressing towards fulfilling its goals,” Earth Science Tech president, director and Chairman Nickolas S. Tabraue stated in the news release. “Following this achievement, we anticipate to up-list to the OTCQB tier in early September, due to our early application submission with OTC Markets Group,…

TuesdaySep 04, 2018 10:08 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) Extend First Milestone Option

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has reached an arrangement regarding its investor rights agreement with Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) to extend Aurora’s exercise deadline of its first milestone option by six weeks. The milestone option, which entitles Aurora to acquire an additional 8% of the common shares of the company, will now expire on October 12, 2018. “The Aurora partnership has been incredibly beneficial for both parties to date,” The Green Organic Dutchman Holdings CEO Brian Athaide stated in the news release.…

TuesdaySep 04, 2018 9:32 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Records Significant Revenue Growth in FY2018 Financial Results

ChineseInvestors.com, Inc. (OTCQB: CIIX), the premier financial information website for Chinese-speaking investors, this morning announced its financial results for fiscal year 2018, as well as its outlook for fiscal year 2019 as the company continues its operations through both financial services and consumer products business segments. Per the update, the company’s gross operating revenues for the fiscal year ended May 31, 2018, were up 41 percent year-over-year, an increase that CIIX attributed to consumer product sales through its ChineseHempOil.com Inc. and CBD Biotechnology Co., Ltd. subsidiaries. “We have seen significant growth in revenue in the fiscal year ended May 31,…

FridayAug 31, 2018 2:45 pm

CannabisNewsBreaks – Sunniva (CSE: SNN) (OTCQX: SNNVF) Considered Undervalued by Investment Researchers

Sunniva (CSE: SNN) (OTCQX: SNNVF) was recently covered in a publication by Beacon Securities Limited that argued that Sunniva is significantly undervalued. An article further discussing the company reads: “Cannabis supplier Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) strengthening foothold in California’s and Canada’s consumer-populated markets has been failing to translate to its stock price and market cap since it began trading on the Canadian Securities Exchange and the U.S. OTCQX® Best Market in January, leading investment researchers at Beacon Securities Limited (http://cnw.fm/PhE2A) to classify Sunniva’s public offering as a “badly mispriced” listing that could reward investors who buy in at…

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