CannabisNewsBreaks

MondayJul 09, 2018 9:51 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Retains Law Firm; Aims to Open Bitcoin ATM Network in California

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it has retained the law firm of CKR Law, LLP to assist the company in setting up its own Bitcoin ATM network in California. The company plans to launch the first machines in Chinese Communities in the Los Angeles area before expanding to serve other Chinese Communities throughout the United States. "With the regulatory world changing in the cryptocurrency sector, we feel that it is important to retain legal counsel with a proven track record in this industry to assist us in setting up our own Bitcoin ATM…

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MondayJul 09, 2018 9:50 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Enters Agreement to Form Nation’s Largest Mobile Hemp CBD Processing Service

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has reached an agreement in principle that will result in the nation’s largest mobile hemp CBD processing service. Per the update, the agreement, made with a subsidiary of Paper Lantern, LLC, will be finalized shortly. Through this agreement, Medical Cannabis Payment Solutions will acquire the rights to deploy groundbreaking mobile hemp CBD extraction labs, which it intends to utilize at hemp farms owned and operated by REFG, as well as those that have entered into processing agreements with the company. “Our mobile extraction partnership is…

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MondayJul 09, 2018 9:18 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Posts Letter to Shareholders

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning issued a letter to shareholders detailing the company’s vision under its new CEO, Brian Athaide. Among other highlights, the release discussed the company’s recent activities including the company’s retail first approach, strategic hires, expansion, exclusive licensing deals, entrance into international markets and TGOD’s organic differentiation. As an organic cannabis brand, the company remains committed to sustainability and reducing its carbon footprint by developing some of the most advanced, automated hybrid facilities in existence, helping produce the highest quality cannabis for the lowest cost. Per…

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FridayJul 06, 2018 11:29 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Advances in Canadian Cannabis Market

Vertically integrated cannabis company Sunniva’s (CSE: SNN) (OTCQX: SNNVF) wholly-owned subsidiary, Sunniva Medical Inc. (“SMI”), received a Confirmation of Readiness (“COR”) notification from Health Canada recently. Attaining the COR is a key step toward SMI receiving a license to produce. A recent article discussing the company reads: “The COR received by Sunniva Medical Inc. (SMI) was issued under new rules instituted in May 2017 by Health Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR), which removed the necessity for a physical inspection of grow facilities prior to the issuance of a cultivation license. The new regime allows…

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FridayJul 06, 2018 10:22 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Ensures FinCEN Compliance via Green Platform

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has developed Green, a Financial Crimes Enforcement Network (“FinCEN”) compliant payment processing platform for the cannabis industry. A recent article discussing the company reads: “Medical Cannabis Payment Solutions (OTC: REFG), a financial services company directed at the medical cannabis and banking industries, has been filling the gap for cannabis providers who lack bank support due to federal regulations by providing online banking solutions. First offered only to medical cannabis merchants, the company’s services are now available to the entire cannabis industry through its innovative Green platform. The Green platform allows…

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FridayJul 06, 2018 10:13 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Out-licenses Disruptive Delivery Technology to Strategically Build Cash Flow

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) has been strategically out-licensing its disruptive delivery technology and focusing on R&D to improve its value and increase cash flow. An article further discussing the company reads: “Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Chris Bunka said in a recent CFN Media Group interview that his company has gained in value and cash flow, purposely keeping its cash burn rate down and evaluating technology applications for both cannabis and other sectors (http://cnw.fm/4MDyw). … Bunka explained that LXRP is respecting its shareholders in terms of lowered spending and increasing its valuation, purposely maintaining its…

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ThursdayJul 05, 2018 3:07 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Conducts Extensive Research on Sol-gel CBD-based Delivery System

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is presently working on the advancement of its Sol-gel drug delivery research program. An article discussing the company reads: “Currently, the company’s research is focused on testing various cannabis strains for the purpose of formulating potent and effective Sol-gels. PreveCeutical Chief Research Officer Dr. Harendra Parekh is leading the program. … In addition, various spray devices have already been tested. According to PreveCeutical CEO and President Stephen Van Deventer, a focus on safety regulations and a tamper-proof delivery system will be of paramount importance. While the Sol-gel program…

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ThursdayJul 05, 2018 12:32 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Selects Hygee as Brand Name of MSN-2 Medical Device

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced the brand name of its innovative MSN-2 medical device, a leading-edge STI self-sampling kit for women. To reflect the product’s dedication to women’s health, ETST has chosen the name Hygee, which is the French name for the Goddess of Health and the word for “hygiene” in Greek mythology. A pre-launch clinical study is currently being conducted in Québec, Canada with Clinique Santé Amitié in preparation for Hygee’s market introduction. “We are very pleased with the work that Absolu has…

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ThursdayJul 05, 2018 9:18 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Secures Agreement to Supply the Alberta Retail Cannabis Market

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products. Per the terms of the agreement, the company will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market scheduled to commence on October 17, 2018. "Signing the supply agreement with ABcann will enable the AGLC to ensure that adult-use customers in Alberta will have access to ABcann’s premium branded cannabis products,'' ABcann Global CEO Barry Fishman stated…

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TuesdayJul 03, 2018 12:26 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Strengthens Focus on Being a Leader in Financial Information through Licensing Partnership

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) recently entered a licensing partnership to redistribute popular interviews in the Chinese language. An article discussing the agreement reads: “ChineseInvestors.com, Inc. (OTCQB: CIIX), a company providing premier financial consulting to the Chinese-speaking community, recently announced that it has entered into a licensing partnership with The Bad Crypto Podcast. CIIX will be redistributing Chinese translations of the podcast’s most popular interviews on www.NewCoins168.com, which will include Charlie Lee, founder and developer of Litecoin; Roger Ver, also known as ‘Bitcoin Jesus’; and Patrick Bryne, Overstock.com CEO and founder of tZERO. CIIX CEO Warren Wang…

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