CannabisNewsBreaks

WednesdayMar 28, 2018 9:41 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters LOI to Acquire Flower Power Cannabis Pharms Inc.

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a letter of intent to acquire Flower Power Cannabis Pharms Inc., a retail brand experience cannabis company, as well as its wholly-owned subsidiary, High Way 10 Cannabis Pharms Inc. Per the update, High Way 10, located in southern Saskatchewan, is currently in the active review stage of Health Canada’s application process under the ACMPR, and its initial 16,000 sq. ft. facility is capable of producing roughly 1,500 kg of dried cannabis per annum. “We are very pleased Choom™ has increased its total…

Continue Reading

WednesdayMar 28, 2018 9:29 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Posts Video Update Detailing Key Events

SinglePoint, Inc. (OTCQB: SING) this morning released its fourth video of the year summarizing key events and providing shareholders with an update to the company's progress. The video features original Shark Tank member and company spokesperson Kevin Harrington, as well as the company’s president Wil Ralston and CEO Greg Lambrecht. In an effort to drive interest from institutional and family offices, SinglePoint management is currently attending the National Investment Banking Association (“NIBA”) conference in New York City. To view the company’s video, visit http://cnw.fm/2pEId To view the full press release, visit http://cnw.fm/kmT94 About SinglePoint, Inc. SinglePoint, Inc. (SING) has grown…

Continue Reading

TuesdayMar 27, 2018 2:51 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Testing Services Thrive in Booming Cannabis Sector

EVIO, Inc. (OTCQB: EVIO), a life sciences and cannabis testing company, continues to thrive in the flourishing cannabis industry. An article discussing the company reads: “Cannabis testing services like those offered by EVIO currently comprise about five percent of the total marijuana market, which is projected to reach $31.4 billion globally by 2021 (http://cnw.fm/0ZSs5). Ancillary services to the cannabis market make an attractive investment opportunity that is considered more reliable in many ways than investing in the plant directly. EVIO’s offerings further add the inducement that cannabis testing is mandatory and will continue to be so, making this particular segment…

Continue Reading

TuesdayMar 27, 2018 11:10 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Issues Corporate Video Discussing Growth Acceleration Strategy

PotNetwork Holding, Inc. (OTC: POTN) this morning released its first corporate video detailing the company’s tactics to accelerate growth and market capitalization. The company outlines a clear strategy to sustain success driven by the media, marketing and product development operations of the parent company and associated subsidiaries. PotNetwork reportedly generated $3,000,000 in sales revenues in the first 45 days of 2018 and is on track to meet and exceed performance expectations for 2018. The company attributes this success to its suite of brands working in sync to achieve the company’s strategic business goals. To view the corporate video, visit http://cnw.fm/bBG1I…

Continue Reading

TuesdayMar 27, 2018 10:33 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Acquires ShieldSaver; Plans to Hire New Team to Focus Fully on Blockchain Initiatives

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the acquisition of ShieldSaver, a technology company disrupting the automotive repair and maintenance industry. The acquisition expands the company’s blockchain initiatives into the automotive industry. The company is currently developing a blockchain solution to enable ShieldSaver to keep an indisputable record of problems and repairs on vehicles, providing analytics of an individual car’s history. SinglePoint has added five developers to its technology team who are architecting the blockchain solution. Additionally, SinglePoint announced that it is further expanding its blockchain development capabilities with plans to hire another team to focus exclusively…

Continue Reading

TuesdayMar 27, 2018 10:02 am

CannabisNewsBreak – Global Payout, Inc. (GOHE) Subsidiary’s Partners Collaborate to Provide Compliance, Blockchain Financial Services to the Cannabis Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that its partners, Integrated Compliance Solutions, LLC (“ICS”) and Crypto Value Management Systems (“CVMS”) have formed a strategic partnership to deliver compliance and blockchain financial services to the cannabis industry. The partnership is anticipated to enhance Integrated Compliance’s banking solutions suite by conducting strong compliance and security around the monitoring of incoming and outgoing payments using the compliance blockchain In-State Crypto Commodity Exchange developed by Crypto Value Management Systems. MTRAC has previously entered agreements with both of the companies and expects the…

Continue Reading

TuesdayMar 27, 2018 9:24 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Engages Marketing Company to Launch hempSMART Retail Marketing Campaign

Marijuana Company of America (OTC: MCOA) this morning said that it has engaged Eddy Pham & Company (“EPCO”) to provide retail marketing and advertising services for its hempSMART™ branded products. EPCO, a direct to consumer full-service marketing company, is poised to help hempSMART products be successful through providing a fully integrated, multi-channel transactional marketing campaign comprised of digital advertising, infographics, content marketing, customer incentives and acquisition, a broad social media presence as well as search engine marketing and optimization that includes full research and analytics. "MCOA is honored to have EPCO on as a marketing partner for our hempSMART product…

Continue Reading

MondayMar 26, 2018 3:35 pm

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Prepares to Pounce on Canada’s Recreational Cannabis Market Following Upcoming Legalization

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is currently planning its expansion strategy as the end of cannabis prohibition in Canada approaches. An article discussing the company reads: “According to the company’s investor presentation made in November, by 2021, the recreational marijuana industry that Choom™ Holdings exclusively aims to serve is expected to be almost eight times the size of the medical marijuana industry, which is served by Choom’s Medi-Can Health Solutions Ltd. subsidiary, with benefits spilling over into the tourism industry, governmental tax and licensing coffers, and paraphernalia manufacturing market. Its nimble business model…

Continue Reading

MondayMar 26, 2018 3:24 pm

CannabisNewsBreaks – Namaste Technologies, Inc. (CSE: N) (FRA: M5BQ) (OTC: NXTTF) Subsidiary Inks Medical Cannabis Supply Agreement with Clever Leaves

Namaste Technologies (CSE: N) (FRA: M5BQ) (OTC: NXTTF), through its wholly-owned subsidiary Cannmart Inc., has signed a medical cannabis product acquisition agreement with medical cannabis producer Clever Leaves with the assistance of Clever Leaves’ financial sponsor, Northern Swan Holdings, Inc. Clever Leaves is a vertically integrated, licensed producer of medical cannabis in Colombia that recently commenced construction of a 15+ hectare good agricultural collection practices compliant cultivation facility and Good Manufacturing Practices (“GMP”) Level-2 Extraction facility. Per the terms of the agreement, Cannmart will submit purchase orders to Clever Leaves for medical cannabis. Subject to approval by Health Canada, Cannmart…

Continue Reading

MondayMar 26, 2018 10:19 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Set to Provide Business Updates While Sponsoring at the 2018 NIBA Meeting

Market analysis company ChineseInvestors.com (OTCQB: CIIX) this morning said it will sponsor at the 2018 National Investment Bankers Association ("NIBA") meeting in New York City at the Westin Hotel in Times Square on March 27, 2018. Warren Wang, the company’s CEO, will provide a video interview highlighting the company's business updates that will be available for viewing on NIBA's website. The video interview will include details regarding the company’s new cryptocurrency focused website, its recently entered partnership with Phoenix North America Chinese Channel, and its strategy regarding the company's investor relations service which aims to meet specific marketing objectives. "CIIX…

Continue Reading