CannabisNewsBreaks

WednesdayMar 07, 2018 10:20 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Subsidiary Receives Grant from the Government of Québec

In a news release this morning, Earth Science Tech (OTC: ETST) announced that its subsidiary, Canna Inno Laboratories Inc., has been awarded a supporting grant by the Ministère de l’économie, des sciences et de l’innovation of the Government of Québec for innovation in the pharmaceutical industry. The grant has been set aside for its three CBD-Based nutraceutical provisional patent products, and Canna Inno Laboratories Inc. management has plans to apply for more grants. “The province of Quebec is a fertile terrain for biotech companies. The creativity of the people and the quality of the infrastructure are the fruits of a…

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WednesdayMar 07, 2018 9:55 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Invests $800,000 in New Laboratory Equipment at Two Cannabis Testing Facilities

EVIO, Inc. (OTCQB: EVIO), a life sciences and cannabis testing company, this morning said that it has recently invested $800,000 in new equipment upgrades at its EVIO Labs Massachusetts facility and its EVIO Labs Colorado licensee. Senior management believes the state-of-the-art upgrades will substantially increase testing volumes, resulting in enhanced operating productivity and revenue growth. "We believe strongly in our mission to improve the quality of life through the use of legal, safe, and tested cannabis, which is only possible with investments in the most advanced lab equipment and the best, most qualified personnel. We at EVIO are confident that…

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WednesdayMar 07, 2018 9:23 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Sets Monthly Online Sales Record in February

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it achieved over $500,000 in website-generated orders during the month of February, a total which surpasses all previous online sales records and marks a year-over-year increase in the range of over 300 percent. “Even though February is the shortest month of the year, we reached online sales higher than ever before,” Richard Goulding, president of PotNetwork, stated in the news release. “Our online sales today not only represent the conversion of event and promotional offers into initial sales, but a building base of repeat customer…

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WednesdayMar 07, 2018 9:23 am

CannabisNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks First Agreement in Retail Investor Program

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has signed the first agreement in its retail investor program and welcomes an Okanagan group to the Choom™ brand. Comprised of local investors and business partners, the 'Thompson Okanagan Choom Group' ("TOCG") has exclusive territory rights to open multiple Choom™ branded retail dispensaries in the Thompson-Okanagan region. With decades of combined business experience, TOCG is directed by Debra G Adams, Sherman Dahl, Imre Kovacs and Kent Adams. To view the full press release, visit http://cnw.fm/jP4LY About Choom™ Channeling the spirit of Hawaii in…

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TuesdayMar 06, 2018 3:19 pm

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. Continues Large Scale Cannabis Production as Supply Deficit Approaches

Ultra-low cost organic cannabis producer The Green Organic Dutchman Holdings Ltd., also known as TGOD, is set to reap the benefits from an impending shortage of cannabis in Canada. An article discussing the company reads: “As one of just two producers of organic cannabis and with a million square feet of low cost production planned, the Green Organic Dutchman Holdings Ltd. (“TGOD”) is set to capitalize on Canada’s looming supply shortfall. The company is growing its competitive advantage in a way that appears to run contrary to established dictum by focusing not just on differentiation but also on cost leadership.…

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TuesdayMar 06, 2018 11:16 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Announces Acquisition of Thrudermic, LLC

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) this morning announced its acquisition of Thrudermic, LLC, a privately-held North Carolina company. Per the update, Pivot will pay $1.00 for all of the listed and outstanding units of Thrudermic and issue an aggregate of 500,000 shares in the capital of Pivot to Dr. Joseph Borovsky and Dr. Leonid Lurya for their intellectual property portfolio, including patents, good will and know-how in connection with Thrudermic’s Transdermal Nanotechnology. Additionally, Borovsky has been appointed Pivot’s vice president, product formulation, and Lurya has been appointed Pivot’s executive director, product formulation. “Thrudermic is Pivot's…

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TuesdayMar 06, 2018 10:33 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary’s Strategic Partner Sponsors Athlete in US Olympic Bid

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that its partner, GreenBox POS, will be sponsoring San Diego-native Nate Errez in his bid to represent the United States in sprint kayaking at the 2020 Summer Olympics. “At MoneyTrac Technology, we take a tremendous amount of pride in partnering with companies and individuals who not only demonstrate the synergy needed to form a successful business partnership, but who are also dedicated to going a step above and becoming a valuable resource to the people within their communities,” Vanessa Luna, CEO of…

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TuesdayMar 06, 2018 10:01 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Business Update

ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF) this morning released an update regarding the company’s recent achievements and plans moving forward. Per the update, the company intends to use its recent financing of $75 million, which brought the company’s cash to over $135 million, to accelerate its growth through a disciplined capital allocation process. Abcann intends to expand its production capacity, focus on branding and product innovation, expand its Harvest Medicine platform to new locations and develop strategic partnerships in the industry. “Over the past five months we have enhanced our leadership team, strengthened our balance sheet, improved operational effectiveness and…

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TuesdayMar 06, 2018 9:42 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsors Charity Event in Southeast Asia

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it has co-sponsored the first in a series of planned charity events in Southeast Asia. “Yesterday, we had just announced this exciting partnership with Exponential, Inc.,” Richard Goulding, CEO of PotNetwork Holding, stated in the news release. “Today, we are signaling the immense global scope of this initiative that will help to seat Diamond CBD as a true global brand, while building incremental sales.” Per the update, the charity event will benefit more than a hundred at-risk youth and children living in a poor neighborhood…

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MondayMar 05, 2018 2:48 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) CEO Believes Proposed Legislation on Medical Marijuana in Utah Will be a Success

Cannabis-focused financial services company Medical Cannabis Payment Solutions’ (OTC: REFG) CEO Jeremy Roberts believes that proposed legislation in Utah will be ready for consistent debate before the end of the current legislative session on March 8. An article discussing the company reads: “A medical cannabis bill that would advocate a more moderate approach and would “bridge the gap” between two very different legalization initiatives currently underway, has every chance to be successful, according to Medical Cannabis Payment Solutions (OTC: REFG) CEO Jeremy Roberts, quoted by the Deseret News (http://cnw.fm/WDo7C). Roberts, who is also a member of the Utah Republican Party,…

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