CannabisNewsBreaks Archive - Page 355 of 419

WednesdayApr 11, 2018 11:41 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) to Further Capitalize on the Canadian Cannabis Market with Noteworthy Upcoming Projects

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) remains focused on branding, building a chain of its own Choom retail dispensaries, positioning its premium brand and acquiring production assets. An article discussing the company’s upcoming projects reads: “Choom has two significant projects. Through its presence in Vernon, British Columbia, it expects phase 1 revenue of $6.6 million, with $15 million from phase 2. A retrofit is scheduled for completion by July 2018, and expansion is planned for the end of 2018. In Vancouver Island, British Columbia, phase 1 potential revenue is estimated at $4.5 million, with…

WednesdayApr 11, 2018 10:10 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Names New Chief of Pharmacy

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced that Jad Nammour has joined the company as its new Chief of Pharmacy. Nammour has over 20 years of experience as a pharmacist, as well as a specialized certification in the preparation of magisterial formulas. Nammour’s duties include ensuring that controlled substances and drugs are managed and handled correctly in accordance with regulations. He will also oversee all of the company’s storage and warehousing of any controlled substances. “The addition of Jad Nammour to our team means that the…

WednesdayApr 11, 2018 9:59 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces New Notice of Allowance from US Patent and Trademark Office

Drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has received another new Notice of Allowance from the United States Patent and Trademark Office providing claims that protect processes for making specific compositions of matter for enhanced cannabinoid delivery utilizing its DehydraTECH™ technology. This update comes on the heels of the company’s March 22, 2018, announcement of its reception of an additional Notice of Allowance for the compositions of matter. These two Notices of Allowance are expected to become Lexaria’s third and fourth granted patents in the United States. In recent months, Lexaria’s…

TuesdayApr 10, 2018 2:43 pm

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Delivers Comprehensive Suite of Services to the Hemp and Cannabis Markets

As hemp cultivation in America continues to rise, Marijuana Company of America (OTC: MCOA) is providing a variety of hemp-derived CBD products as well as turnkey services for marketers and growers. An article discussing the company reads: “Through wholly owned subsidiary hempSMART™, MCOA is bringing high quality CBD-based products derived from industrial hemp to market through its affiliate marketing program. Its patent-pending product, hempSMART Brain, provides safe and effective support of healthy brain function, while its recently launched HempSMART DROPS is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The company recently debuted its new encapsulate product,…

TuesdayApr 10, 2018 2:34 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Returns to Roots as Financial Services Business Focusing on Blockchain and Cryptocurrency Technology

Market analysis company ChineseInvestors.com (OTCQB: CIIX) is returning to its roots in financial consulting, corporate brand building and educational services for cryptocurrencies following its planned spin-off of CBD-focused assets. An article discussing the company reads: “ChineseInvestors.com, Inc. (OTCQB: CIIX) will return to its roots as a financial consultant and a specialist in cryptocurrency, especially bitcoin, as it spins off its hemp assets into a private company. In a news release (http://cnw.fm/m7XYb), Paul Dickman, CFO of CIIX, said, “This is a great time to spin off CIIX’s CBD focused assets as we continue to explore new ways to expand its core…

TuesdayApr 10, 2018 9:58 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Announces MoneyTrac Technology’s NCIA Membership

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. ("MTRAC"), a company that GOHE holds an 18% ownership in, has joined the National Cannabis Industry Association (“NCIA”) at its highest membership level as a sustaining member. The NCIA connects organizations, builds networks and serves as an advocate for the cannabis industry nationwide. "NCIA truly represents one of the most important and valuable associations in our industry. Their hard work and advocacy over the past 17 years has played a pivotal role in helping to pave the way for the growth and continued legitimacy of…

TuesdayApr 10, 2018 9:33 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieved Monthly Sales Record in March

Cannabidiol-focused holding company PotNetwork Holding Inc. (OTC: POTN) this morning announced its record-breaking sales performance for March 2018. Notably, the company recorded over $2.2 million in sales revenue for the month, marking a year-over-year increase of 152 percent. These results continue to build on what has been a strong start to 2018 for PotNetwork Holding. With over $6.3 million in revenues recorded during the first quarter, the company is well positioned to exceed its 2017 performance, which included sales of $14.5 million and gross profits of nearly $5.2 million. PotNetwork Holding’s strong start to 2018 has been solidified by the…

MondayApr 09, 2018 2:47 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reports Record-breaking Sales Revenue in February

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, recently announced that February marked the company’s highest-ever sales revenue month. The company reported a 90% revenue increase compared to February 2017 (http://cnw.fm/B6Rto). An article discussing the company reads: “In a news release, Nickolas Tabraue, company president, director and COO, noted February to be a pivotal month, giving praise to newly appointed CSO Jill Buzan while appointing Gabriel Aviles as the company’s chief learning officer. “Jill Buzan has brought so much to our company, and with her experience and knowledge Earth Science…

MondayApr 09, 2018 1:00 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Schedules 2018 Annual Meeting; Announces Non-Brokered Private Placement

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced a non-brokered private placement of up to 16 million units at the price of $0.25 per unit for total gross proceeds of up to CAD$4,000,000. Each unit is comprised of one common share of the company and one warrant with an exercise price of $0.50 per share for a period of 24 months from the closing of the offering. The units are subject to an acceleration provision that enables sooner expiration of the warrants if the closing price of the shares on the Canadian Securities Exchange…

MondayApr 09, 2018 12:01 pm

CannabisNewsBreaks – Cannabis Wheaton Income Corp. (TSX.V: CBW) (OTC: CBWTF) Enters Agreement to Acquire Robinson’s Cannabis Inc.

Cannabis Wheaton Income Corp. (TSX.V: CBW) (OTC: CBWTF) this morning announced that it has entered into a share purchase agreement with Robinson's Cannabis Inc. to acquire all of the issued and outstanding shares of Robinson's. Robinson's is a privately-owned licensed producer applicant under the Access to Cannabis for Medical Purposes Regulations ("ACMPR") that has completed Health Canada’s paper-based review process and is currently in the confirmation of readiness stage. Per the terms of the share purchase agreement, the company will acquire all of the issued and outstanding shares of Robinson's. Upon the completion of the acquisitions, which is subject to…

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