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WednesdayDec 20, 2017 12:08 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Formalizes LOI for JV Agreement with Smart Cannabis Corp. (SCNA); Completes Corporate Audit

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has formalized a letter of intent signed earlier this month related to its entry into a multifaceted joint venture and co-marketing agreement with Smart Cannabis Corp. (OTC: SCNA). Per the terms of the agreement, SinglePoint will distribute SCNA’s SMARTAPP automation software product, as well as the upcoming ‘Track and Trace Software System’. As noted in the update, these platforms serve as natural add-on extensions to SinglePoint’s recently announced cybercurrency payment processing system. “We are extremely excited by the synergy we share with Smart Cannabis Corp.,” Wil Ralston, president…

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WednesdayDec 20, 2017 10:57 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Announces Development of New Subsidiary for Blockchain Technology Applications in the Trillion Dollar Logistics Industry

Global Payout, Inc. (OTC: GOHE) announced plans to launch a new subsidiary early next year that will focus on supplying chain finance solutions for the logistics industry. The press release noted that the solution suite utilizes a single-client interface for making domestic and international payments with foreign exchange options, and streamlines working capital financing through leveraging accounts receivable. Global Payout, Inc. President, William Rochfort, stated, “By spinning-out a subsidiary whose sole focus will be on advancing the development of a secure and highly-efficient blockchain system, I am confident we will be able to deliver an intuitive logistics network that will…

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WednesdayDec 20, 2017 10:34 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Featured on Top-Rated Cryptocurrency Podcast, “Bad Crypto Podcast”

ChineseInvestors.com, Inc. (OTCQB: CIIX), today’s premier financial information website for Chinese-speaking investors, announced that its CEO, Warren Wang, was recently featured on "Bad Crypto Podcast." In Episode 63, titled "Interview with Warren Wang of ChineseInvestors.com," Wang provided his perspective and insights on bitcoin and cryptocurrency in China. The interview with Wang, which was accessible to listeners in 183 countries, covered the current limitations and future possibilities for cryptocurrencies in China, the attitude of the Chinese toward bitcoin versus other financial instruments and the Chinese rush to enter the bitcoin market. To view the full press release, visit http://cnw.fm/Cdc80 About ChineseInvestors.com…

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TuesdayDec 19, 2017 10:14 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Reports Revenues in Excess of $1.6M for November

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning reported revenues exceeding $1.6 million for the month of November. As noted in the news release, the company’s management team now enters the final stretch of 2017 having developed a “strong and consistent trend for solid growth” by bolstering the popularity of Diamond CBD’s products and capturing the attention of celebrities and distinguished media sources nationwide. Demonstrating this growing trend, this morning’s update follows PotNetwork’s recent inclusion in an article (http://cnw.fm/ai49U) published by The Huffington Post. Titled ‘Five Corporations Leading the Way on CBD Industry Revolution’, the…

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MondayDec 18, 2017 12:08 pm

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Added to Horizons Marijuana Life Sciences Index ETF

Horizons ETFs Management (Canada) Inc. recently announced completion of its quarterly rebalance of the constituent holdings of the Horizons Marijuana Life Sciences Index ETF (“HMMJ”). Pre-clinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) is one of 11 new holdings that have been added to HMMJ’s portfolio, which is the world’s first ETF offering direct exposure to North American-listed securities involved with marijuana bioengineering and production. “Cannabis has been one of the newest and fastest-growing asset classes of 2017, presently valued at approximately $23 billion,” Steve Hawkins, president and CEO of Horizons ETFs, stated in a news release.…

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MondayDec 18, 2017 10:37 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Adjourns Voting for Proposals Three and Four from Annual Meeting of Shareholders

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has adjourned the voting for proposals three and four from its notice of annual meeting of shareholders, dated October 5, 2017. Proposal three seeks approval for the grant of 1.9 million shares of common stock, to be granted from time to time to the company’s current and new employees, advisors, directors and consultants by the board of directors. Proposal four seeks approval for the issuance of up to two million shares of the company’s common stock…

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FridayDec 15, 2017 1:07 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Offers Cashflow Alternatives for Cannabis Industry

Wyoming’s Medical Cannabis Payment Solutions (OTC: REFG) has established a pioneering method of merchant processing that sustains industry businesses and is compliant with the U.S. federal government’s laws in their current state. REFG’s subsidiary StateSourced provides an alternative payment method for companies unable to work with banks in tracking sales and tax collections for cannabis-related products because of the Controlled Substance Act. An article discussing this reads: “Medical Cannabis Payment Solutions and its StateSourced specialized digital payment platform ensures full compliance with all laws affecting the cannabis industry while delivering full-spectrum merchant processing services (http://cnw.fm/tKb6U). Medical Cannabis Payment Solutions is…

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FridayDec 15, 2017 12:58 pm

CannabisNewsBreaks – Skinvisible, Inc. (SKVI) Advances Invisicare Delivery System

Topical and transdermal product development company Skinvisible (OTCQB: SKVI) is targeting the pharmaceutical industry with its proprietary drug delivery system, Invisicare. Invisicare improves the delivery of ingredients to and through the skin. An article discussing this reads: “Skinvisible has developed over 40 product formulations using Invisicare both in the medical and skincare markets, in addition to being granted 14 patents. The company is focused on licensing its formulations and Invisicare to other companies in the pharmaceutical and cosmeceutical industries. The company’s business model emphasizes four revenue streams that include fees for new product development, license fees, sales of branded products,…

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FridayDec 15, 2017 9:44 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Featured in On-Location Segment with MoneyTV

SinglePoint (OTC: SING) today announced the convergence of cryptocurrency and cannabis this week on MoneyTV with Donald Baillargeon. MoneyTV, on location with SING for the 1,000th episode, is the internationally syndicated television program featuring engaging interviews with various company CEOs providing respective operations insights and outlooks. Featured segments on this week's program include discussion with SING CEO Greg Lambrecht on 2017 milestone achievements and the company’s new cryptocurrency app that will leverage acceptance of electronic bitcoin payments to cannabis dispensaries. Also featured was SING President Wil Ralston who discussed the development of the company's bitcoin cannabis payments app. To view…

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FridayDec 15, 2017 9:24 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Launches New Research Programs

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning said it is engaging in a new topical skin cream research and development ("R&D") program; R&D regarding nicotine edibles; and provided an update on existing R&D programs. The company has developed topical cream products for the delivery of cannabinoids as an addition to its DehydraTECH™ technology. Laboratory testing for human skin absorption and penetration characteristics are scheduled for early 2018 for various formulations. Following its recent nicotine patent grant, Lexaria is advancing its research focus on edible forms of nicotine that could utilize the company’s DehydraTECH™ technology. Additionally, Lexaria plans to further…

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