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FridayJul 13, 2018 10:47 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Sees Potential in Alternative Nicotine Delivery Method

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) believes that its patented technology, DehydraTECH™ has the potential to transform nicotine use by offering a delivery method that may be an effective alternative to the traditional inhalation. An article discussing the company reads: “Although inhalation is an effective delivery mechanism – much more so than non-enhanced edible ingestion – it is dangerous. The toxins released during combustion are harmful and can potentially kill the user. Edible ingestion eliminates the toxins caused by lighting up. While inhalation is fast, traditionally, ingestion has not been. However, the use of DehydraTECH™ speeds things up to make…

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ThursdayJul 12, 2018 12:40 pm

CannabisNewsBreaks – Why GreenBox POS, LLC (GRBX) is “One to Watch”

Innovative hardware and software technology company GreenBox POS, LLC (OTCQB: GRBX) builds customized payment solutions, such as point of sale (“POS”) systems, in a variety of industries. An article discussing the company reads: “GreenBox develops all software in-house and with international subsidiaries, which allows the company to provide individualized electronics modifications in partnership with different vendors. Custom POS machines are available as an upgrade from existing solutions currently in use. First-time merchants can also take advantage of custom-built kiosk machines powered by blockchain technology, complete with e-wallet integration downloadable via Android or iOS apps, or via installed cash-loading kiosks.” To…

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ThursdayJul 12, 2018 10:22 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary to Launch Operations in New Retail Merchant Location

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), is launching operations at The Jet Room, a licensed and compliant medicinal dispensary in Adelanto, CA. The MTrac team will be implementing its payment platform system as it is taken live in its new retail merchant location on Friday, July 13. “My team and I are very excited for the opportunity to launch with The Jet Room, our second retail merchant, in Adelanto, which is striving to be a cannabis safe community. The ability to eliminate or reduce the amount of cash in…

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ThursdayJul 12, 2018 9:38 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Investment Executes Manufacturing and Distribution Agreement with Phoenix Tears LLC

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has executed an agreement with Phoenix Tears LLC to be the exclusive manufacturer and distributer of official Phoenix Tears THC-based products in California. Per the update, Phoenix Tears has supported more than 200,000 individuals through its cannabis brands and products since its inception in 2010. “This agreement represents a significant step forward for CTI as they continue to build out their manufacturing, distribution and marketing businesses of cannabis and cannabis-related…

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WednesdayJul 11, 2018 10:33 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Issues Update on Sol-gel Program

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning issued an updated on its soluble gel (“Sol-gel”) drug delivery research and development program, which involves testing an array of cannabis strains for the development and commercialization of cannabinoid-based Sol-gels. Per the update, the program uses five distinct Cannabis sativa L. strains containing an assortment of CBD:THC concentrations, enabling the development of medicinal cannabis products tailored for a broad range of ailments and diseases. The current focus of the Sol-gel program is on preparing formulations containing fixed CBD:THC concentrations that can be utilized with a custom…

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WednesdayJul 11, 2018 9:31 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Completes MRX Labs, LLC Acquisition

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has completed its previously detailed acquisition of Oregon-based MRX Labs, LLC, an award-winning testing lab. Per the update, EVIO has acquired 100 percent of the assets of MRX Labs, including equipment, real estate, customer lists, customer contracts, rental agreements and equipment leases. EVIO Labs Portland intends to relocate its personnel and license to the former MRX Labs Tigard location, and the new lab will operate as EVIO Labs Portland. “We are happy to have completed this transaction…

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TuesdayJul 10, 2018 3:10 pm

CannabisNewsBreaks – As Legalization Approaches in Canada, Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Takes a Look Back at The History of Cannabis

DOJA Cannabis Ltd., a wholly-owned subsidiary of Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), recently posted a blog update detailing the history of Cannabis in British Columbia. Dating all the way back to the 1600s, hemp has proven to be a valuable crop in the Canadian Province. Per the article, hemp was grown in parts of Canada since the 1600s as a cash crop, providing the British Navy with material for rope and sails. Years later, doctors praised extracts of the plant for positive effects in treating medical conditions. However, Canada prohibited cannabis in the 1920s, along with other…

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TuesdayJul 10, 2018 12:35 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Provides Update on CBD Patent Formulas

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning issued a release detailing the progression of the company’s CBD IP patent formula development program. The company is currently developing three new CBD formulas, one of which is a new type of superfood with unique organoleptic properties formulated from a mix of hemp oil and other vegetal oil(s) and enriched with a highly potent antioxidant. This product is designed to improve the individual’s antioxidant ingestion. The remaining two unique CBD formula products are comprised of a neuron protector and a…

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TuesdayJul 10, 2018 12:12 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Expands California Footprint with New Lease Agreement

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has expanded its footprint by signing a five-year lease agreement for a 7,370 square foot facility in Palm Desert, California. Per the update, the new facility is centrally located near Desert Hot Springs and Coachella, strategically positioning the company amongst the largest cultivators in Southern California. “Desert Hot Springs was the first city in Southern California to legalize large-scale medical marijuana cultivation causing the area surrounding our Palm Desert location to be inundated by cannabis growers and…

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TuesdayJul 10, 2018 11:21 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Appoints New CFO

Marijuana-focused search engine and online directory company NUGL Inc. (OTC: NUGL) this morning announced that it has hired Thomas Bouse, CPA, as its new chief financial officer. Bouse will replace NUGL CEO Brandon Vargas, who has been serving as the company’s interim CFO, in this position. “Tom has an extensive background with corporate taxes. He also understands how to manage a company’s tax flow in rapid growth modes,” Vargas stated in the news release. Per the update, Bouse is the founder and owner of Pacific Rim Tax and Accounting, headquartered in Huntington Beach, California. He brings more than two decades…

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