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WednesdayJun 20, 2018 1:40 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Continues to Develop Potential Uses of Patented Technology

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) has developed and is already licensing DehydraTECH™, a technology that improves the bio-absorption and bioavailability of ingestible substances. A recent article discussing the company’s unique technology reads: “Application of the technology extends beyond nicotine to non-psychoactive cannabinoids, vitamins and non-steroidal anti-inflammatory drugs (NSAIDs), and Lexaria has licensed the technology to a number of companies, including chocolate maker Nuka Enterprises; cannabis beverage manufacturer GP Holdings; and Biolog, which markets hemp-based, cannabidiol (CBD)-infused products and vitamins. Lexaria is expected to sign 6-12 more licensing agreements in 2018. These are typically six-figure contracts in the first…

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WednesdayJun 20, 2018 1:31 pm

CannabisNewsBreaks – Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Progresses in Hemp Cultivation

British Columbia-based hemp cultivation company Global Hemp Group (CSE: GHG) (FRANKFURT: GHG) (OTC: GBHPF) is devoted to building a portfolio of hemp-focused businesses that aim to produce the ancient, versatile crop. An article discussing the company reads: “Global Hemp Group was founded in 2014 with Canadian headquarters in Vancouver, British Columbia, and additional base operations in Montreal and Los Angeles. Its hemp cultivation efforts are initially focused on the production of high quality sustainable raw materials and non-psychotropic cannabidiol (CBD) oil, as well as other cannabinoids, with no intoxicating effects. Global Hemp Group’s collaboration with other companies is an integral…

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WednesdayJun 20, 2018 12:12 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Highlighted in Cannabis Industry Report by JGR Capital

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) was recently highlighted alongside other cannabis-focused businesses in a Cannabis Industry Report for the week of June 11th by JGR Capital, a New York-based equity research firm. The report covered the company’s recent up-listing to the OTCQX® Best Market, which it began trading on under the symbol “TGODF” on June 14, 2018. Among other highlights, the report also covers Canopy Growth Corporation’s (TSX: WEED) (NYSE: CGC) offering of convertible senior notes; Maricann Group’s (CSE: MARI) (OTCQB: MRRCF) update regarding the acquirement of a cannabis license…

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WednesdayJun 20, 2018 12:09 pm

CannabisNewsBreaks – Canada Legalizes Recreational Marijuana

In a landmark decision, the Canadian Senate recently passed a bill legalizing recreational marijuana for adult use. The Cannabis Act was approved by the Senate in a vote of 52-29 after already passing the House of Commons. In pursuant with the law, adults 18 years of age and older will be permitted to possess up to an ounce of cannabis for recreational use, and grow a maximum of four plants. Although an official date of legalization hasn’t been released, a recent post published by TIME indicates that the legislation could enable Canadians to legally buy and consume marijuana as soon…

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WednesdayJun 20, 2018 9:30 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Preparing for Increased Demand as California’s July 1 Testing Deadline Approaches

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning detailed its recent expansion to meet increased cannabis testing demand following California’s July 1 testing deadline. The regulations set forth by California's Bureau of Cannabis Control state that, beginning July 1, a licensed retailer may only sell cannabis goods that have met all state-mandated testing requirements. Among EVIO’s efforts, the company’s EVIO Labs Berkeley facility is in the process of becoming ISO 17025 accredited – the highest recognized quality standard in the world for calibration and testing laboratories. “The new…

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TuesdayJun 19, 2018 12:03 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Names New Board Member

EVIO (OTCQB: EVIO) this morning said in a news release that Felipe Campusano has joined the company's board of directors as an independent director. "We are pleased to welcome Felipe to join our board and look forward to his contributions," EVIO chief executive officer William Waldrop stated in the news release. "He's been very successful operating Canadian pharmacies and his insight into the cannabis industry will be valuable to our business environment, including our new Bioscience division. Felipe's expertise in pharmaceutical business management will strengthen EVIO's ability to generate partnerships with medical and healthcare providers. He has disrupted the pharmaceutical…

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TuesdayJun 19, 2018 10:55 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Approaching Launch of Blockchain-Powered Payment Solution at San Diego Dispensary

Global Payout, Inc. (OTC: GOHE), through wholly owned subsidiary MTRAC Tech Corp., this morning announced that it has commenced integration of its blockchain-powered payment solution into its first merchant location. Per the update, the MTRAC kiosk was initially installed at ManKind, a San Diego-based dispensary, on June 15, and Global Payout intends to dedicate the next few days toward “integrating the cashless payment platform and prepping the new client for their initial launch.” The company expects full launch of the newly-integrated system to occur on June 25. “Getting our first client up and running marks a monumental week here at…

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TuesdayJun 19, 2018 10:39 am

CannabisNewsBreaks – Marijuana Company of America Inc.’s (MCOA) hempSMART Brand Launches New CBD-Infused Moisturizer

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that the company’s hempSMART™ brand has launched its groundbreaking new cosmetic product, hempSMART™ Face. The newly developed topical product is formulated with 150mg of full spectrum, non-psychoactive Cannabidiol (“CBD”) oil derived from the industrial hemp plant. hempSMART™ Face is a facial moisturizer designed to refresh, replenish, and restore skin cells using a combination of CBD oil and a unique blend of ayurvedic herbs and botanicals. “Our team is excited to announce the expansion of the hempSMART™ brand into the world of cosmetic products. HempSMART™ will continue…

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TuesdayJun 19, 2018 10:13 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Surpasses 15,000 Active Patients

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly owned subsidiary Harvest Medicine Inc., this morning announced that it has surpassed 15,000 active patients in under 18 months of operation. “Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” Shekhar Parmar, CEO of Harvest Medicine, stated in the news release. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.” Per the update, Harvest Medicine, one of Canada’s…

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TuesdayJun 19, 2018 9:26 am

CannabisNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Launches Marketing Program, Attains Multiple Customers in California

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its portfolio investee company, ezGreen Compliance, has launched a pilot marketing program and has attained multiple customers across the State of California. ezGreen Compliance is providing these customers, consisting of licensed medical dispensaries and cultivators, with its advanced enterprise compliance and point-of-sale (“POS”) software solution. The pilot program customers are currently using ezGreen’s Health Insurance Portability and Accountability Act (“HIPAA”) Compliance POS Solution and inventory tracking system. The system enables users to comply with both the HIPAA and State Laws…

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