CannabisNewsBreaks

ThursdayJun 28, 2018 2:52 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Continues to Build Patent Portfolio

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) is in the process of preparing new patent application filings and expects to receive more patent awards this year to add to its collection of over 40 patent awards or applications from 40 countries globally. A recent article discussing the company reads: “The total, once granted, would be four patents in the U.S. and four in Australia. All eight are for the family of “Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof.” The development represents the first time that LXRP has expanded its patent protection outside of…

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ThursdayJun 28, 2018 11:48 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Develops Innovative Therapies as Alternative Medicine Market Surges

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) is developing pioneering options for preventive and curative therapies by utilizing several creative pathways. An article further discussing the company reads: “Chronic diseases and recurring health care issues are taking an increasingly bigger piece of the economic pie and disrupting the lives of many millions of people. U.S. health care costs for chronic diseases totaled $1.1 trillion in 2016 and balloon to $3.7 trillion when lost economic productivity is calculated into the total economic impact. According to a new report by Grand View Research, people around the world, along with their…

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ThursdayJun 28, 2018 11:39 am

CannabisNewsBreaks – Why Koios Beverage Corp. (CSE: KBEV) is “One to Watch”

Koios Beverage (CSE: KBEV) develops and distributes nature-based products such as nootropics, which are supplements that improve cognitive abilities. An article further discussing the company reads: “Not to be mistaken with prescription-only drugs which are at times used for similar effects, nootropics are over-the-counter dietary supplements; some of which, like Koios, contain ingredients that are currently used in the treatment of patients with Alzheimer’s disease. The global field of nootropics is growing rapidly and expected to reach USD $6,059.4 Mn by 2024 with a CAGR of 17.9 percent from 2016 to 2024. … According to media reports, there is believed…

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ThursdayJun 28, 2018 10:06 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Forms Strategic Alliance, Enters Asset Purchase Agreement with MRX Labs LLC

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has entered into an asset purchase agreement and formed a strategic alliance with MRX Labs, LLC, an Oregon-based, award-winning testing lab. The companies intend to leverage their respective strengths to develop and expand growth throughout new and existing markets. Per the agreement, EVIO will purchase 100% of the assets of MRX Labs, LLC including equipment, real estate, customer lists, customer contracts, rental agreements, and equipment leases. EVIO Labs Portland will relocate its personnel and license to the…

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ThursdayJun 28, 2018 9:25 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Launches MTrac App

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), has officially launched the MTrac App. Powered by GreenBox POS, LLC (OTCQB: GRBX) technology, the app is now available for download in both the Apple and Android marketplaces. The MTrac app enables consumers to access and load an eWallet with credit or debit cards directly to the app. “Cash and high fees or cost of business remains at the core of challenges that so many merchants operating in a variety of different high-risk retail sectors face on a daily basis,” MTRAC CEO Vanessa…

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WednesdayJun 27, 2018 2:32 pm

CannabisNewsBreaks – Why FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) is “One to Watch”

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, operates an attractive royalty model that is beneficial for operators and the company. An article further discussing the company reads: “FinCanna’s “whole capital” solution for businesses in the licensed medical cannabis sector includes the provision of capital investment for a percentage of their future revenues. The FinCanna Capital Solution utilizes a royalty arrangement to deliver capital, in order to facilitate the growth or other specific objectives of its investees, and ensure the business opportunity is optimized. This model provides an alternative or complement to…

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WednesdayJun 27, 2018 10:50 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Partners with AATAC to Expand Retail Reach

Innovative biotech company Earth Science Tech (OTC: ETST) this morning announced that is has signed an agreement to work collectively with AATAC to present the “ETST” product line to its vast network of retail outlets throughout the U.S. Per the agreement, AATAC will be introducing the company’s High Grade Full Spectrum Cannabinoids line within its massive reach of approximately 90,000 retail outlets. “We had some delays finding a new reliable source and manufacturing plant but, it was worth the wait. We found a new manufacture with a better turnaround time and a source with a consistent true full spectrum having…

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WednesdayJun 27, 2018 10:03 am

CannabisNewsBreaks – NUGL Inc. (NUGL) Launches Application on iTunes and Google Play Stores

NUGL Inc. (OTC: NUGL) this morning announced the release of its Apple and Android apps in Google Play and iTunes Stores. Constructed as a web application, NUGL is a software application with metasearch technology that functions like an app on any device and serves as both a networking platform for companies in the cannabis industry and as a directory that enables users to search profiles. The database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands. “Our web app is 100 percent responsive to any device and performs just as an app would on…

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WednesdayJun 27, 2018 9:37 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters European Market through JV Agreement in Denmark

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a letter of intent for a 50/50 joint venture with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”), which is based in Hinnerup, Denmark. Per the update, the joint venture will initially consist of a 200,000 sq. ft. cannabis production facility located within Knud Jepsen’s 1.3 million sq. ft. state-of-the-art automated greenhouses in Denmark. Through this facility, TGOD will have an opportunity to increase its total organic funded capacity by roughly 25,000 kg. “We are very excited about entering the European…

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WednesdayJun 27, 2018 9:24 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) to File IND, CTA with Health Authorities to Conduct Human Trials of PVT-005 in US and Canada

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that it will file an Investigational New Drug (“IND”) application with the U.S. Food and Drug Administration (“FDA”) and Clinical Trial Application (“CTA”) with Health Canada to begin human clinical trials of its pharmaceutical drug candidate for the treatment of Female Hypoactive Sexual Desire Disorder (“HSDD”), PVT-005. Pivot will employ its drug formulation and delivery platform technologies to develop a topical cream containing cannabinoids for perimenopausal, menopausal and post-menopausal women who have observed a decline in sexual desire and response. "In vitro results from our contract research laboratory indicated…

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