CannabisNewsBreaks

TuesdayApr 03, 2018 3:09 pm

CannabisNewsBreaks – Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF) and CanniMed Therapeutics Inc. (TSX: CMED) Name Interim CEO of CanniMed

Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF), together with CanniMed Therapeutics Inc. (TSX: CMED), recently announced that Brent Zettl has resigned from his position as CEO of CanniMed. Andrċ Jérôme was appointed as interim CEO and Zettl will remain available to CanniMed and Aurora in an advisory capacity to assist during the integration period. This update comes as Aurora nears the completion of the acquisition of all the outstanding shares of CanniMed. "The integration of Aurora and CanniMed is well underway, and we anticipate updating the market frequently on developments as CanniMed is aligned with the Aurora Standard and expands…

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TuesdayApr 03, 2018 10:25 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

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TuesdayApr 03, 2018 10:20 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://cnw.fm/Tc2kN About SinglePoint, Inc. SinglePoint, Inc.…

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TuesdayApr 03, 2018 9:47 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

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MondayApr 02, 2018 2:31 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) To Capitalize on Growing Demand for CBD-based Health Products

Market analysis company ChineseInvestors.com (OTCQB: CIIX) recently announced its plan to spinoff all hemp-related assets into a single private company. CBD Biotechnology Co. Ltd., ChineseHempOil.com, Inc. and Hemp Logic Inc. will comprise the new company. An article discussing the company’s plan reads: “The subsidiaries are well positioned to achieve significant growth. This spinoff is part of the groundwork to capitalize on the growing demand for CBD-based nutrition and health products in the U.S. and China. In January, these subsidiaries made a combined $100,000. The progress of the newly formed company will be overseen by CIIX, but the spinoff of CBD-focused…

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MondayApr 02, 2018 2:13 pm

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Aims to Become Canada’s Premier Cannabis Brand

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is positioning itself to make the most of the Canadian cannabis industry’s anticipated spike. An article discussing the company reads: “Choom™ is targeting nothing less than becoming the premier recreational cannabis brand in Canada. With its fully-integrated business model, the company aims to be the seed-to-sale market leader in reaching the Canadian cannabis consumer. Choom™ intends to become a leading Canadian cannabis grower and will be developing a chain of high-end branded retail cannabis dispensaries in strategic Canadian jurisdictions. Choom™ retail stores will provide discriminating cannabis consumers a…

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MondayApr 02, 2018 9:35 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsoring Community-Facing Events in Kenya

PotNetwork Holding, Inc. (OTC: POTN), through wholly owned subsidiary Diamond CBD, Inc., this morning announced plans to kick off its African business development strategy by co-sponsoring, in tandem with affinity marketing partner Exponential Inc. (“XPO2”), a series of community-facing events in Kenya. Per the update, from April 17-27, Diamond CBD plans to contribute material support and resources toward community action projects taking place across the African nation. These projects include a reforestation effort in the Ngongs Hills, direct service endeavors at nonprofit organizations around Nairobi and a host of other charitable events near Mt. Kenya and other locations. These activities…

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ThursdayMar 29, 2018 3:43 pm

CannabisNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Strives to Attain GMP-compliant Procedures

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) continues to diversify its portfolio as the Canadian government prepares to legalize cannabis-infused edibles and beverages by mid-2019. An article discussing the company reads: “Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P), a vertically-integrated cannabis company with strategic investments in proven, revenue-generating businesses, is building a diversified portfolio that includes marketing a wide range of high quality, medicinal grade cannabis products with tremendous promise for both human and veterinary use. Liberty Leaf and its wholly owned subsidiary, North Road Ventures, recently signed an agreement with Cannabis Compliance Inc.…

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ThursdayMar 29, 2018 3:38 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Anticipates Additional Technology Licensing Contracts in 2018

Lexaria Bioscience’s (CSE: LXX) (OTCQB: LXRP) CEO Chris Bunka recently discussed the company’s plans regarding technology licensing contracts in an audio interview. An article further discussing the company reads: “LXRP is a British Columbia, Canada-based bioscience company that is a drug delivery platform innovator. The company has developed its patented DehydraTECH™ delivery technology platform, which it out-licenses to promote healthier ingestion methods and lower overall dosing. …Bunka said that LXRP believes that 6-12 more licensing contracts will be signed this year, both generating more revenue for the company and building greater shareholder value. “We’ve only just graduated from the demonstration…

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ThursdayMar 29, 2018 12:35 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Expands Presence in Blossoming Hemp-Based CBD Market

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, is on track to increase growth and broaden its presence in the cannabis industry. An article discussing the company reads: “The worldwide cannabidiol (CBD) oil market, which includes products derived from both marijuana and hemp, is projected to grow at a CAGR of more than 39 percent through 2021. The health benefits of CBD oil are the major driver for growth in this market, with global demand steadily on the rise in recent years. Hemp-based CBD oil products in particular are more…

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