CannabisNewsBreaks

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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MondayFeb 05, 2018 11:19 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Adds Fintech Veteran to Management Team

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced its appointment of Bill Rochfort to the positions of president and EVP Sales for its newly-formed logistics subsidiary, SecurCapital Corp. Rochfort brings 25 years of fintech experience to the SecurCapital team – including time as an officer with Premier Global Services, Intermedia, Sprint and Cbeyond – and is noted as an early adopter of cloud architecture. “We're very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform,” James Hancock, CEO of Global Payout, stated in…

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MondayFeb 05, 2018 10:26 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Subsidiary Announces Impending Launch of New Luxury Skincare Products

Premier market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX), through wholly-owned foreign enterprise CBD Biotechnology Co. Ltd., this morning announced the impending February launch of four new hemp-infused skincare products and a cutting-edge magnetic mask for the Chinese market. Per the update, the products have already been approved for sale throughout China by the China Food and Drug Administration. “The growing Chinese middle-class has shown a desire for luxury skincare products. CBD Biotech is meeting market demands by offering cutting-edge products that use the latest skincare technologies and include our exclusive hemp infused formulas,” Summer Yun, CEO of CBD Biotechnology, stated…

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MondayFeb 05, 2018 9:54 am

CannabisNewsBreaks – Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Approaching Pre-Sales Inspection

Canada’s first vertically-integrated cannabis brand house, Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF), through its DOJA Cannabis Ltd. subsidiary, this morning announced that it has received notification from Health Canada that its pre-sales inspection has been scheduled for Tuesday, February 13, 2018. Per the update, the pre-sales license inspection is the final step prior to the issuance of a sales license under the terms of the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). “As there are currently only 26 independent companies with cannabis sales licenses under the ACMPR in Canada, receiving confirmation of our Pre-Sales License Inspection from…

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FridayFeb 02, 2018 12:01 pm

CannabisNewsBreaks – SinglePoint, Inc.’s (SING) SingleSeed Payment Platform to Solve Cannabis Industry Banking Issues

Specialized holding company SinglePoint’s (OTC: SING) bitcoin payments solution, set to launch in the first quarter of 2018, will permit underbanked cannabis merchants to accept bitcoin-backed card transactions. An article discussing the company reads: “In any state where cannabis enjoys legal status, the SingleSeed payments platform can be used. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system further deducts items automatically from a dispensary’s product listings when a purchase is made.” To view the full article,…

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FridayFeb 02, 2018 11:46 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Aims to Double Revenue, Expand in 2018

Market analysis company ChineseInvestors.com (OTCQB: CIIX) has its sights set on making 2018 another successful year through remaining focused on key initiatives. An article discussing the company’s plans reads: “ChineseInvestors.com, Inc.’s (OTCQB: CIIX) mission is to become the leading publicly traded company targeting Chinese medicinal marijuana. Offering a variety of investor education products and services, Warren Wang, CEO and founder, would like to see 2018 bring with it double the revenue and expanded business. One of the ways CIIX is tackling this goal is through a Yelp-style app. Approved for download by the Apple App Store, this is the world’s…

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FridayFeb 02, 2018 11:40 am

CannabisNewsBreaks – Grey Cloak Tech, Inc.’s (GRCK) Eqova Life Sciences Provides Quality CBD Products

Last October, Grey Cloak Tech (OTCQB: GRCK) entered the CBD market sector through its acquisition of Eqova Life Sciences, an established producer of a wide range of clinical-grade hemp CBD oil products supplying medical practitioners. An article discussing the company reads: “Eqova’s products are not developed for recreational use, and the company only uses natural, standardized phytocannabinoid-rich hemp oil in its medical-grade, CBD-based products. It employs a rigorous product development cycle, where each ingredient is studied in isolation and in the context of other ingredients, use case and delivery method. Eqova has developed cutting-edge delivery methods for oral, topical, liposomal…

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ThursdayFeb 01, 2018 3:13 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Secures Over $5.9M in New Financing to Fund Expansion

EVIO (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning said it has successfully closed its latest round of financing totaling $5,973,000. The capital raise exceeded EVIO management’s original goal of only raising $3 million to finance the company’s expansion in California. The company intends to use the additional funds toward increasing its infrastructure through California and to fuel an expansion into multiple states throughout the US, rapidly increasing its national footprint. To view the full press release, visit http://cnw.fm/sNGV5 About EVIO, Inc. EVIO, Inc. is…

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ThursdayFeb 01, 2018 11:13 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Expands Executive Leadership Team

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced its appointment of multiple new additions to its executive leadership team. Jill Buzan, an established veteran of the natural product sales industry, will serve as the company’s new chief sales officer. Since beginning her career as a sales rep and broker in 1995, Buzan has pioneered many brands, such as Gaia Herbs, Natural-Immunogenics and Sunwarrior, and helped them become leaders in their respective industries. Wendell Hecker will serve as ETST’s new chief financial officer. He brings more than 30 years of corporate experience to the company, including extensive…

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ThursdayFeb 01, 2018 10:26 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Acquires Harvest Medicine Inc.

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has completed its acquisition of Harvest Medicine Inc. pursuant to the terms of a share purchase agreement dated January 31, 2018. Per the update, the acquisition was completed in consideration for, among other things, a cash payment of $1.5 million, the issuance of 1,056,338 common shares in the capital of the company and additional post-closing consideration related to certain performance milestones, including patient revenue and profitability metrics. Moving forward, Harvest Medicine will operate as a wholly-owned subsidiary of ABcann, but it will maintain its commitment to being an…

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