CannabisNewsBreaks

WednesdayJan 24, 2018 3:13 pm

CannabisNewsBreaks – True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) Secures New Equity Financing

True Leaf Medicine International (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) this morning said it has raised C$14 million in equity financing that will enable the life cannabis company to move forward with its medicinal cannabis facility. True Leaf raised C$10M in a Regulation A+ public equity offering priced at C$0.70 per share, making it the first Canadian-listed company to successfully conduct such an offering. Additionally, the company said it is currently working toward the close of a $4,051,654.60 non-brokered private placement via the sale of 5,788,078 common shares at a price of C$0.70 per share, available to Canadian investors only.…

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WednesdayJan 24, 2018 2:46 pm

CannabisNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Secures $2M in Private Placement

On January 22, Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) said that it closed a non-brokered private placement financing of 5,000,000 units at a price of $0.40 each. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each whole warrant entitles the holder to further purchase one common share for a period of up to twenty-four months at a price of $0.60. The company also issued 259,485 finder's units with the same entails. The company received total gross proceeds of $2,000,000 from the offering which it intends to use toward fast-tracking…

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WednesdayJan 24, 2018 11:41 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Exploring Potential Strategic Partnership 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 Letter of Intent with Eyeconic.TV, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses. Per the update, the execution of this LOI will provide the companies with an opportunity to thoroughly explore the possibility of establishing a strategic partnership. “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial…

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WednesdayJan 24, 2018 11:26 am

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Enhances Life by Uniting Nature and Science

An ongoing concern in North America, as reported by the Centers for Disease Control and Prevention, is that Americans are only taking advantage of preventive medical services about half as often as they should. Endeavoring to become a pioneer in preventative medicine, health science company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) was founded on the belief that, in healthcare, prevention is the best policy, and that nature and science can unite to offer a range of innovative, untapped solutions to address unmet clinical needs. As quoted in a recent article: “PreveCeutical is taking a new look at…

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WednesdayJan 24, 2018 11:19 am

CannabisNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH™ Platform Expands Portfolio

Food bioscience company Lexaria Bioscience’s (CSE: LXX) (OTCQB: LXRP) strategic focus for 2018 is on out-licensing its proprietary technology, DehydraTECH™. The company intends to out-license to third-party partners using a high margin royalty model. An article discussing the company’s drug delivery platform reads: “Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a research-driven company that has developed and out-licenses a patented drug delivery platform called DehydraTECH™ that changes the way active pharmaceutical ingredients (“APIs”) enter the body orally. According to a new report by Million Insights (http://cnw.fm/fGid9), the global API market is anticipated to reach $239.8 billion by 2025, with…

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WednesdayJan 24, 2018 11:12 am

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Reaches Noteworthy Achievements in 2017

Earth Science Tech, Inc. (OTC: ETST) is an innovative biotech company focused on production of cutting-edge industrial hemp and cannabidiol (“CBD”) products. An article discussing the company reads: “Earth Science Tech celebrated a significant, developmental year during 2017 by sharing its achievements in a condensed end-of-year report. Among the report’s highlights are the implementation of a development plan for the coming three years, which includes expanding into Canada and opening new manufacturing and shipping facilities. Of particular interest is the acquisition of Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada, which gives Earth Science Tech access to…

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WednesdayJan 24, 2018 11:04 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Leverages Month-Over-Month Sales Growth to Greatly Exceed 2017 Revenue Projections

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, as a result of the rapid growth in sales of its Diamond CBD, Inc. subsidiary, it achieved revenues of approximately $14.5 million for the 2017 calendar year. Notably, this figure exceeded the company’s earlier projections of $8.3 million by more than 70 percent. “2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017,” Richard Goulding, CEO of PotNetwork, stated in the news…

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TuesdayJan 23, 2018 12:34 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Remains Steadfast on Chinese Cryptocurrencies

ChineseInvestors.com (OTCQB: CIIX) is focusing on delivering profitability and value for its shareholders as the Chinese investment community seeks education about the unpredictable market of bitcoin and other cryptocurrencies. An article discussing the company reads: “Warren Wang, CEO of CIIX, said in a news release that the emerging middle class in China is expressing its desire to be educated about trading and investing in bitcoin and other cryptocurrencies. … CIIX, as a result, is doubling down on its commitment to bitcoin growth by offering a real-time daily video broadcast from the NYSE, targeted at the Chinese-speaking community in China and…

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TuesdayJan 23, 2018 10:53 am

CannabisNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Turns Attention toward Blockchain Technology

Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we…

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TuesdayJan 23, 2018 10:08 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Bitcoin Beyond

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access…

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