CannabisNewsBreaks

FridayFeb 09, 2018 11:48 am

CannabisNewsBreaks – PotNetwork Holding Inc. (POTN) Sales Drive Optimistic Share Price Target

PotNetwork Holding Inc. (OTC: POTN) has reported favorable monthly sales data and a strong quarterly filing in its drive to produce high-grade CBD for use in oils, tinctures, edibles and vape liquids. This performance is, in turn, generating forecasts for a heightened share price. The holding company for a number of subsidiaries in the hemp-extract medical cannabis industry, PotNetwork has been named 'One of Five Notable CBD Revolution Industry Leaders' by media outlet The Huffington Post. An article discussing this reads: "A recent comprehensive report by SeeThruEquity highlighting PotNetwork Holding Inc. (OTC: POTN) and its subsidiary, Diamond CBD, projected a…

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FridayFeb 09, 2018 9:46 am

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. Secures Financing Boost for Cannabis Facilities Expansion

Ultra-low cost organic cannabis producer The Green Organic Dutchman Holdings Ltd., also known as TGOD, has benefited from strategic investments by marijuana industry powerhouse Aurora Cannabis Inc. (OTCQX: ACBFF) (TSX: ACB) and other private placement financing, with its total financing climbing to $160 million. The Aurora investment in TGOD is accompanied by a supply agreement providing Aurora the right to purchase up to 20 percent of TGOD’s annual production of organic cannabis, and TGOD will receive additional services from Aurora and its subsidiary, Aurora Larssen Projects Inc. ("ALPS"). An article discussing this reads: “The investment fully funds the expansion of…

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ThursdayFeb 08, 2018 11:38 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) President Featured in Article Discussing Treasury Secretary’s Recent Cannabis Banking Comments

SinglePoint, Inc. (OTCQB: SING) President Wil Ralston was featured in an article posted earlier this week by Green Market Report examining Treasury Secretary Steve Mnuchin’s recent comments regarding the bankability of the cannabis industry. In an appearance before the House Financial Services Committee related to the Financial Stability Oversight Council’s (FSOC) annual report, Mnuchin stated, “We do want to find a solution to make sure that businesses that have large access to cash have a way to get them into a depository institution for it to be safe.” In response to this comment, Ralston stated, “This is a great step…

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ThursdayFeb 08, 2018 11:07 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Unveils Launch Date for Revamped Industrial Hemp CBD Products

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced the launch of its revamped industrial hemp cannabidiol (“CBD”) products. Per the update, the company’s highly anticipated High Grade Full Spectrum Cannabinoids – composed of European CO2, supercritical extracted, organically grown and unfiltered industrial hemp – will officially launch on February 13, 2018, alongside a corresponding marketing strategy, as detailed in early December 2017. Upon release of this product line, ETST will become one of the first companies to market its industrial hemp product as a Cannabinoid Complex instead of CBD, disclosing the milligrams of each cannabinoid. “Between…

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ThursdayFeb 08, 2018 10:21 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Pursuing Launch of Cannabis-Focused Cryptocurrency

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it is completing the final steps and required due diligence for the impending launch of a Regulation D, Rule 506(c) security offering centered around the company’s MTRAC-Token. MTRAC anticipates leveraging this new token as a critical resource for providing banking services throughout the emerging multi-billion dollar cannabis industry. Per the update, the cannabis-focused cryptocurrency is currently on pace to launch by the end of the first quarter of 2018. “The MTRAC-Token is something that I truly believe will be first of…

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WednesdayFeb 07, 2018 12:31 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Announces ISO 17025 Accreditation for Florida Licensee

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 its Florida licensee, Kaycha Holdings LLC (dba EVIO Labs Florida), has attained ISO 17025 accreditation, establishing it as the first accredited cannabis testing lab in the state. Per the update, ISO 17025 is the highest recognized quality standard in the world for calibration and testing laboratories. “As the first Florida Cannabis Testing lab that has achieved ISO 17025 accreditation, EVIO Labs Florida continues to set the bar for testing in the state,” Christopher…

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TuesdayFeb 06, 2018 11:10 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Agreement to Create Cannabis-infused Edibles Utilizing DehydraTECH™ Delivery Technology

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) recently entered an agreement with a cannabis-infused edibles manufacturer, Cannfections Group Inc. The agreement is expected to generate new cannabis-based edible products using Lexaria’s patented DehydraTECH™ delivery technology. An article discussing the agreement reads: “On January 25, 2018, Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) announced that it had entered into a seven-year agreement with Cannfections Group Inc. to provide its patented DehydraTECH™ technology for the development of a new range of cannabis-infused chocolates and gummies (http://cnw.fm/3oV1q). Cannfections is a new company, established by one of Canada’s leading chocolate manufacturers with over 85 years…

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TuesdayFeb 06, 2018 11:02 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Solving the Banking Nightmare of the Medical Marijuana Industry

Medical Cannabis Payment Solutions (OTC: REFG) is a cannabis-focused financial services company committed to providing end-to-end management for medicinal marijuana operations. An article discussing the company reads: “Based in Nevada, the corporation serves the medical marijuana sector. As a merchant processing pioneer of the marijuana industry, Medical Cannabis Payment Solutions brought to the market the first and only comprehensive card processing service. Via Green, a proprietary payment system that was launched earlier in January 2018, the company aims to offer a “cure for the banking nightmare cannabis establishments face,” according to CEO Jeremy Roberts. The platform has full merchant account…

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TuesdayFeb 06, 2018 10:23 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Sales Partnership Agreement with Eyeconic.tv

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a sales partnership and commission agreement with award-winning retail technology company Eyeconic.tv, operator of the Eyechronic cannabis media network that has successfully partnered with almost 300 medical and retail dispensaries throughout the U.S. Per the terms of the agreement, MTRAC will effectively incorporate Eyeconic.tv’s retail technology products and in-store media services in an effort to better reach customers of the multibillion dollar cannabis industry. “Establishing this sales partnership with Eyeconic.tv is an incredibly effective way to deliver more…

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TuesdayFeb 06, 2018 9:32 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Uplists to OTCQB Venture Market

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced that it is now trading on the OTCQB Venture Market, which requires a higher level of transparency and helps provide increased investor confidence through continued verification of information. “We are extremely pleased to be approved for OTCQB. It is a great step for SinglePoint as we continue to grow and build our footprint,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “Increased transparency and credibility will help broaden our shareholder base and provide additional exposure to the institutional investor community, ultimately contributing to increasing shareholder value.” Per the…

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