CannabisNewsBreaks Archive - Page 352 of 429

ThursdayMay 24, 2018 10:46 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Release Highlights MoneyTrac Technology’s New Website, Demo Room

MoneyTrac Technology, Inc., a company in which Global Payout, Inc. (OTC: GOHE) currently holds stake in, this morning announced it has added a demo room to its new Las Vegas, NV office to showcase its MTRAC Kiosk to potential merchants. MoneyTrac has hosted multiple demos for the kiosk in its San Diego location and anticipates the Las Vegas office to become its predominant location for MTRAC Kiosk demos in the future. MoneyTrac also announced it the launch of its new website, www.MoneyTracTechnology.com. “With our MTRAC system being something that is truly first-of-its-kind, we have come to recognize that it is…

ThursdayMay 24, 2018 10:38 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Announces Launch of EVIO Biosciences Division

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced the launch of its EVIO Biosciences Division. Per the update, the new division, which will be led by Dr. Anthony Smith, chief science officer of EVIO, will allow the company to leverage its scientific and human capital expertise to focus on the development of intellectual property and research. The division’s goals encompass emerging health benefits and advanced delivery modes for cannabinoids and cannabis products targeting the human endocannabinoid system. “We are expanding the life sciences part of the company…

WednesdayMay 23, 2018 3:32 pm

CannabisNewsBreaks – Medical Marijuana, Inc. (MJNA) Reports Q1 2018 Financial Results

Medical Marijuana, Inc. (OTC: MJNA) this morning announced that the company and its subsidiaries, Kannaway® and HempMeds®, have achieved the largest-ever sales revenue quarter in their history during Q1 2018. The company also reached major milestones in its business operations, including immense expansion and continued growth demonstrated by its HempMeds subsidiary and continued growth in Europe by its Kannaway subsidiary. Per the update, the company’s first quarter revenues surpassed $10.5 million, an increase of more than 190% over the same period of the previous year. Total gross profits for Q1 2018 also recognized an increase of more than 30% as…

WednesdayMay 23, 2018 1:18 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Posts Update on Forward Stock Split

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), a health sciences company aiming to become a preventive health sciences leader, today announced that, in accordance with the shareholder-approved forward stock split of its issued and outstanding common shares on the basis of five new shares for each existing share, the company's shares have begun trading today on the Canadian Securities Exchange on an "ex-distribution" basis. Per the update, the record date for the stock split has been set at May 24, 2018. To view the full press release, visit http://cnw.fm/th4Gt About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

WednesdayMay 23, 2018 11:31 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Secures Manufacturing Facility in California

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, ("PNL"), has entered a lease agreement for a manufacturing facility in Costa Mesa, California's Measure "X" Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa's Measure "X" Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing…

WednesdayMay 23, 2018 10:45 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Launches New Medical Cannabis Brand

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the launch of its new medical cannabis brand, Beacon Medical. The company developed the brand based on a deep consumer understanding that it obtained through an exclusive study of 1,500 Canadians. The study showed that consumers needed a brand that makes the process of obtaining and using medical cannabis easier to navigate. Beacon Medical intends to help patients and their healthcare provider find the best treatment option amid the complex medical cannabis market by providing excellent customer service, simple registration and product classification, efficient purchasing and pharmaceutical-grade products. The full…

WednesdayMay 23, 2018 10:25 am

CannabisNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Commences Trading on TSX Venture Exchange under Symbol ‘DNAX’

BLOCKStrain Technology Corp. (TSX.V: DNAX), developer of the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry, this morning announced that its shares have commenced trading on the TSX Venture Exchange under the symbol ‘DNAX’. “This is a big day for our team, and is the culmination of many years of preparation and dedication to building a software company designed exclusively to meet the unique needs and challenges of the emerging cannabis industry,” the company notes in the news release. “We have combined the best of enterprise and decentralized ledger technology to launch the first…

WednesdayMay 23, 2018 9:58 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary to Host Media Event at the Grand Opening of New Clinic Location

Sunniva (CSE: SNN) (OTCQX: SNNVF) announced this morning that its wholly-owned subsidiary, Natural Health Services Ltd. ("NHS"), is holding an open house for media and the public at the grand opening of its clinic in Windsor, Ontario on Wednesday, May 30. NHS is Canada's largest referral network of medical cannabis patients to Licensed Producers ("LPs") with seven owned and operated patient-centric clinics throughout Canada. The NHS media event and open house will take place at the grand opening of its new clinic location at 7900 Anchor Drive, Windsor, ON. The event will be open to the media from 12:00 to…

WednesdayMay 23, 2018 9:49 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Granted Two New US Patents

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has been granted two new U.S. patents and expects to be granted three additional Australian patents on or before August 17, 2018. Once granted, Lexaria will have four approved patents in the U.S. and four approved patents in Australia. All eight of these patents are within the company’s first patent family, ‘Food and Beverage Compositions Infused With Lipophilic Active Agents and Methods of Use Thereof’, and significantly strengthen Lexaria’s intellectual property claims. The company’s growing patent portfolio now includes more than 40 patent applications…

TuesdayMay 22, 2018 12:09 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Delivers Secure, Compliant Payment Processing System

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG), through its Green payment processing system, provides dispensaries operating in state-legalized cannabis markets a proprietary, full scale financial program. An article discussing the company reads: “Green offers its Financial Crimes Enforcement Network (FinCEN) compliant system to not only medical marijuana retailers, but the entire cannabis industry. It enables dispensaries and related merchants to sell within a safe, non-cash environment. Green also offers cryptocurrency payment processing. … Green enables dispensaries and other merchants to do business in a digital environment. Not only can it process transactions with customers; Green can also…

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