CannabisNewsBreaks

TuesdayFeb 13, 2018 3:08 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Helps Cannabis Distributors Remain Compliant with Green Platform

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) recently launched Green, a platform with full merchant account functionality. Green enables marijuana dispensaries immediate access to funds while remaining compliant with all Financial Crimes Enforcement Network (FinCEN) laws. An article discussing the platform reads: “Medical Cannabis Payment Solutions (OTC: REFG) provides the industry with fully secure, state-of-the-art financial services that are simple to set up and easy to use. In January, the company launched Green, a platform with full merchant account functionality. Cash-only operations are now a thing of the past. This comprehensive card processing operation allows for online…

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TuesdayFeb 13, 2018 1:06 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Secures Laboratory Partner for Clinical Studies of MSN-2 Medical Device

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) recently signed an agreement with a private laboratory for clinical studies related to its MSN-2 medical device. “We are on the cusp of making tremendous progress in our clinical trial efforts,” Dr. Michel Aubé, CEO and CSO of ETST, stated in a news release. An article discussing the agreement reads: “ETST now has the laboratory partner needed to support the company’s research and development efforts, along with the commercialization of its MSN-2 medical device, which has been specifically developed to support women’s health and the related molecular diagnostics to which women…

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TuesdayFeb 13, 2018 11:15 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) CSO Dr. Anthony Smith to Present at Emerald Conference in San Diego

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced that Chief Science Officer Dr. Anthony Smith will be a featured presenter at the Emerald Conference on February 16, 2018. Smith’s presentation, titled ‘Cannabinoid Chromatography: Precision, Accuracy and the Industrialization of Potency Analysis’, will address the evolution of analytical testing through the lens of EVIO’s experience at its accredited labs across the U.S. The Emerald Conference is set to take place February 15-16 at the Hyatt Regency Mission Bay Spa and Marina in San…

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TuesdayFeb 13, 2018 10:45 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) and Smart Cannabis Corp. (SCNA) Expand Joint Venture

SinglePoint, Inc. (OTCQB: SING) and Smart Cannabis (OTC: SCNA) this morning announced the companies have expanded their joint venture agreement providing SinglePoint with the rights to sell Smart Cannabis' Smart by Design greenhouses. Per the terms of the agreement, SinglePoint will have an exclusive agreement on Smart Cannabis products sold and installed within Arizona, including the company's line of SMART by Design™ automated greenhouse systems and the soon-to-be-released "Track and Trace Software System." "We are excited about this opportunity. The company has some great connections in Arizona and some soft commitments on potentially purchasing some greenhouses from us. Additionally, we…

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TuesdayFeb 13, 2018 10:34 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Bolsters PotSaver Sales Team

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has expanded the sales team for its PotSaver brand in an effort to extend its reach beyond the San Diego market and into surrounding metro areas, including Los Angeles. PotSaver is focused on bolstering advertising opportunities and providing compliance services for operators in the newly-formed recreational cannabis markets of California. The company has strengthened its San Diego publication’s advertiser base in recent weeks following entry into an agreement with digital media platform operator EyeChronic.TV, and it expects to release its…

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TuesdayFeb 13, 2018 9:21 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 9:53 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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MondayFeb 12, 2018 9:21 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases Unaudited Financial Statements for FY2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced the release of its unaudited financial statements for fiscal year 2017. Owing to the rapid growth of its wholly-owned Diamond CBD, Inc. subsidiary, PotNetwork achieved revenues of $14.5 million in calendar 2017. Per the update, this trend of strong sales has continued into 2018, and the company intends to report its January sales figures by mid-February. PotNetwork also provided an update regarding its ongoing PCAOB audit in this morning’s news release. Due to factors beyond the company’s control, the audit has taken longer than originally projected. In an effort to combat these…

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FridayFeb 09, 2018 1:52 pm

CannabisNewsBreaks – Skinvisible, Inc. (SKVI) Takes Aim at PTSD-related Suicides through Quoin Partnership

Skinvisible, Inc. (OTCQB: SKVI) is working toward developing a transdermal treatment for post-traumatic stress disorder through its patented Invisicare® technology that could address the devastating number of veteran suicides that occur throughout the country. The company’s proposed merger with Quoin Pharmaceuticals would direct Skinvisible’s drug delivery capacity to boost the bioavailability of Quoin’s promising pharmaceuticals. An article discussing this reads: “Skinvisible, through its wholly owned subsidiary Skinvisible Pharmaceuticals, Inc., has already developed, licensed and sold multiple dermatology and health care products, as well as various medical treatments, using its patented Invisicare® technology. … Quoin’s two lead products are targeting crises…

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FridayFeb 09, 2018 12:53 pm

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Working on Delivery of Smokeless Cannabinoid Options

Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) is focused on providing the health care marketplace with nutraceutical and pharmaceutical options for treating certain unmet needs. That extends to the medical cannabis industry, where the lack of a robust smokeless delivery system has troubled cannabinoid producers. An article discussing this reads: "Transdermal delivery provides the benefit of enabling patients to access a steady stream of medication over a prolonged period with fewer side effects. Pivot Pharmaceutical’s newly created subsidiary, Pivot Green Stream Health Solutions Inc. (“Pivot Green Stream”), will focus on improving the bioavailability of cannabinoid-based and pharmaceuticals. BiPhasix™ has been tested in…

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