CannabisNewsBreaks Archive - Page 363 of 419

ThursdayMar 15, 2018 10:01 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Records Over $2M in February Sales Revenue

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it generated over $2 million in sales for the month of February, greatly exceeding last year’s total of $472,000 for the same interval. This figure was bolstered by the company’s presence at the 37th CHAMPS Trade Show, which took place on February 19-21. Per the release, Diamond CBD received interest from over 250 new wholesale distributors at the conference, recording $270,000 in sales in just three days. This sustained revenue growth has caught the attention of multiple equity research firms. Harbinger Research (http://cnw.fm/zMPQ4) initiated coverage…

ThursdayMar 15, 2018 9:53 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Soft Launches MTRAC Banking Solution for the Cannabis Industry

Global Payout (OTC: GOHE) this morning announced that its wholly owned subsidiary, MoneyTrac Technology, Inc., has begun the soft launch of MTRAC. MTRAC is a full-service banking solution driven by software technology features that MoneyTrac acquired through its joint venture with GreenBox. The advanced E-Wallet cash loading machine is backed by blockchain technology that MoneyTrac will leverage to bring to market an intuitive system that offers consumers and retailers in the cannabis industry an alternative to cash payment transactions. "MTRAC is the culmination of months of work and collaboration between GreenBox and MoneyTrac, and we are excited to begin the…

WednesdayMar 14, 2018 3:12 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Delivers Innovative Solutions to Cash-handling Issues in the Cannabis Industry

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) has created savvy innovations and fast-developing systems to solve cash-handling problems. An article discussing the company’s solution reads: “Medical Cannabis Payment Solutions (OTC: REFG) boasts an industry first. Through a state-of-the-art financial services system that is easy to set up and simple to use, the company’s solution to cannabis banking has shown how to solve cash-handling issues, offering electronic payment and e-commerce features. This gives the marijuana business direct and immediate access to funds while still complying with all federal (FinCEN) laws aimed at combatting both domestic and international money…

WednesdayMar 14, 2018 3:05 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Targets Chinese-Speaking Consumers in CBD Market through Online Platform

Market analysis company ChineseInvestors.com (OTCQB: CIIX), through its online platform ChineseCBDoil.com, offers a variety of nutritional supplements containing CBD marketed to Chinese-speaking customers worldwide. An article discussing the company reads: “Having recognized the unprecedented opportunities that lie within the American cannabis industry, the company started laying the foundations to capitalize on the ever-growing demand for cannabidiol-based nutrition and health products. The end of 2016 marked the company’s implementation of plans for its new website, its mobile application and its online distribution of CBD oils for the booming global industry of medical marijuana. Although marijuana use is illegal within the borders…

WednesdayMar 14, 2018 11:44 am

CannabisNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) and Blox Labs, Inc. (CSE: BLOX) (OTC: BLLXF) Complete Preliminary Input and Analysis in Phase One Development of cannaBLOX

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) is working in partnership with Blox Labs, Inc. (CSE: BLOX) (OTC: BLLXF) to create cannaBLOX, a blockchain-based software smart contract platform for the legalized cannabis industry. An article discussing the joint development reads: “Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) and Blox Labs, Inc. (CSE: BLOX) (OTC: BLLXF) have announced progress on their joint development of phase one of cannaBLOX, the blockchain-based smart contract platform for the legalized cannabis industry (http://cnw.fm/4DmPU). … Blox Labs is working to complete its white paper on cannaBLOX, and a satellite development…

TuesdayMar 13, 2018 10:57 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Positive Results from Skin Absorption Study

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning said that it has completed the first study evaluating DehydraTECH™ used in a topical cream formulation for absorption of cannabidiol ("CBD") through human skin. Compared to control formulations, significant increases in the speed and quantity of CBD absorption through skin were proven in the study. Several factors were measured during the study at multiple testing intervals over a 48-hour duration, including the time required to detect CBD skin penetration and quantity as well as the peak amounts of CBD absorbed. Lexaria's DehydraTECH-enabled topical formulation without the addition of either of the commercial…

TuesdayMar 13, 2018 10:22 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Hits Highest Sales Revenue Month in February

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol ("CBD"), nutraceutical and pharmaceutical fields, this morning reported that February 2018 marked the company’s highest-ever sales revenue month. The month boasted sales of $75,981.02, representing an increase in revenue of 90% compared to $39,881.99 in February 2017. This company attributes the achievement to its new veteran chief sales officer (CSO) Jill Buzan and its revamped CBD line. “February looked to be our pivotal month, having the honor of having Jill Buzan as our CSO, transitioning Gabriel Aviles to the position of Chief Learning Officer, (CLO), and introducing…

TuesdayMar 13, 2018 9:57 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary’s JV Partner to Attend Cali-Baja Israel Mexico Innovation Expo

Global Payout (OTC: GOHE) this morning said that its wholly-owned subsidiary, MoneyTrac Technology, Inc. ("MTRAC"), will join its partner, GreenBox POS at the Cal-Israel Expo in Tijuana on March 20th and 21st. A broad range of innovative companies are anticipated to gather at the expo to network and increase their presence in the unique Cali Baja area. MTRAC, through its executed joint venture (“JV”) partnership agreement with GreenBox, holds exclusive marketing rights in North America. MTRAC believes this platform for GreenBox to showcase its blockchain technology-supported payment systems could provide a path into a huge market sector. "My team and…

TuesdayMar 13, 2018 9:55 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Grant of Australian Cannabis Importation Permits

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), alongside Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (FSE: 21P), this morning announced the grant of three permits by the Australian government’s Department of Health for the importation of cannabis into the country for research purposes. Per the news release, cannabis related to these permits will be shipped from Canada by Aurora for use in PreveCeutical’s soluble gel (“Sol-gel”) drug delivery research program, which is being conducted by the company’s research partner, UniQuest Pty Inc., and led by PreveCeutical’s chief research officer, Dr. Harendra Parekh. “We are extremely…

TuesdayMar 13, 2018 9:26 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Announces New Subsidiary, Blockchain Crypto Technology Corp.

PotNetwork Holding (OTC: POTN) this morning announced its entrance into the emerging global blockchain crypto technology sector by making strategic investments through its new wholly-owned subsidiary, Blockchain Crypto Technology Corp. Through the development of the new subsidiary, PotNetwork is able to diversify its investments and strengthen its return on capital by being part of an alternative high growth market that is forecasted to keep growing for many years to come. “We have decided to diversify our investments by entering this rapid growth market,” PotNetwork Holding president Richard Goulding stated in the news release. To view the full press release, visit…

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