CannabisNewsBreaks

FridayJan 19, 2018 11:41 am

CannabisNewsBreaks – SingleSeed by SinglePoint, Inc. (SING) Set to Launch Payment Solution App

Specialized holding company SinglePoint, Inc. (OTC: SING) is set to launch its SingleSeed platform in the first quarter of 2018. The subsidiary was designed to provide a payment solution to the cannabis industry, a booming market forecasted to reach more than $63 billion by 2024. An article discussing the company reads: “SinglePoint will proceed with a full launch of its subsidiary, SingleSeed, during the first quarter of 2018 to provide a platform for retailers and consumers in the legal cannabis industry to process cryptocurrency payments. Based on blockchain technology, the SingleSeed platform is a proprietary payment processing app that enables…

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ThursdayJan 18, 2018 3:27 pm

CannabisNewsBreaks – EVIO, Inc. (EVIO) Highlights Financial Results for Year Ended September 30, 2017

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 its financial and operating results for the fiscal year ended September 30, 2017. The company’s revenue for the 12-month period was roughly $3 million, marking a year-over-year increase of 438 percent. Per the update, the majority of this growth came from increased testing revenue, which was up 782 percent over the previous year. “2017 has been a pivotal year for EVIO, especially as we continued to scale the company to meet the industry's increased…

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ThursdayJan 18, 2018 2:19 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) President Donates 50,000 Shares to Earth Science Foundation

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced that company President Nickolas S. Tabraue has committed to donating 50,000 of his personal shares in order to become the first contributor to the Earth Science Foundation. Per the update, the foundation has been formed to help individuals who are in need of the products that the company manufactures, as well as future formulas that are being developed by the company, to meet their specific health needs. “I have received a tremendous amount of positive feedback regarding our CBD-based products from children, adults and elderly patients alike who…

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ThursdayJan 18, 2018 1:31 pm

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces JV Agreement with Crypto Value Management System, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has entered a joint venture partnership with Crypto Value Management System, LLC (“CVMS”), a Delaware-based company that has secured an exclusive California license for a cryptocurrency exchange platform. Per the update, this platform will effectively bolster each of the companies and their ability to provide financial technology solutions to businesses operating across a number of market sectors, including the rapidly expanding cannabis industry. “Securing this JV Partnership Agreement with CVMS marks a huge milestone for MoneyTrac and our continued pursuit…

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ThursdayJan 18, 2018 12:13 pm

CannabisNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Signs Definitive Agreement for Tokyo Smoke Merger

Premium cannabis lifestyle brand DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) this morning announced the signing of a definitive business combination agreement with TS Brandco Holdings Inc. (“Tokyo Smoke”), pursuant to which DOJA will acquire all of the issued and outstanding securities of Tokyo Smoke by way of a three-cornered amalgamation. Per the update, closing of the merger is expected to occur on or about January 30, 2018. Upon completion of the merger, DOJA is expected to change its name to Hiku Brands Company Ltd., creating “the first brand and retail-focused, craft cannabis producer, with a portfolio of highly…

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ThursdayJan 18, 2018 11:09 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Receives Import License from Australia

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly-owned subsidiary ABcann Australia Pty Ltd., this morning announced that it has received an import license from the Federal Office of Drug Control in Australia. Following receipt of necessary approvals, including approval from the TSX Venture Exchange, ABcann intends to supply medicinal cannabis to the Australian market via the Australian Department of Health’s Therapeutic Goods Administration (“TGA”) Special Access Scheme. “This import license is a key milestone towards generating revenue through ABcann’s network of physicians, pharmacists and patients, and advancing the use of medical cannabis,” Barry Fishman, chief executive officer of ABcann,…

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TuesdayJan 16, 2018 1:05 pm

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Audit Nearing Completion

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it has been updated with a report noting that its audit is nearing completion, with finalization expected by the end of this month. In anticipation of this milestone, PotNetwork is preparing for its Regulation A filing, which the company expects will allow for its uplisting to the OTCQB Venture Market, offering greater visibility before a larger group of qualified investors. “Our commitment to transparency involves keeping our investors fully informed,” Rick Goulding, CEO of PotNetwork, stated in the news release. “Although the process is time consuming, we believe that this will…

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TuesdayJan 16, 2018 12:10 pm

CannabisNewsBreaks – Grey Cloak Tech, Inc. (GRCK) to List Canbiola, Inc. Products on CBD.co Marketplace

Grey Cloak Tech, Inc. (OTCQB: GRCK) this morning announced its entry into a strategic partnership with Canbiola, Inc. (OTC: CANB) related to the listing of Canbiola's products on Grey Cloak’s CBD.co marketplace. To kick off the relationship, Grey Cloak CEO Patrick Stiles interviewed Marco Alfonsi, CEO of Canbiola, and Dr. Robert Kornfield, medical advisory board member, regarding the partnership and Canbiola’s portfolio of products. The interviews, which are part of CBD.co’s new CBD TV initiative, are available for review at http://cnw.fm/2u6Iz. “Canbiola is the exact type of brand we want on the CBD.co marketplace,” Stiles stated in the news release.…

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TuesdayJan 16, 2018 11:37 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Announces Launch of SecurCapital Corp. Subsidiary

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the launch of a newly-formed subsidiary focused on logistics supply chain finance. Per the update, SecurCapital Corp. will focus on introducing a disruptive ‘one-click solution’ to FINTECH services in the underserved supply chain finance marketplace, which is currently valued at roughly $800 billion globally. “Clearly, there has been a monumental transformation influenced by FINTECH, Blockchain and alternative banking options within the global payment landscape,” James Hancock, CEO of Global Payout, stated in the news release. “Traditional financial institutions are not positioned to serve global logistics payment requirements for secure…

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ThursdayJan 11, 2018 12:19 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Offers Holiday Promotions Recognizing Recreational Legalization in California

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) subsidiary ChineseHempOil.com, Inc. is offering bitcoin as part of special holiday hemp oil packages in response to California’s recent legalization of recreational marijuana. An article discussing the company reads: “ChineseInvestors.com (OTCQB: CIIX) has combined its OptHempOil holiday promotions with premium incentives in the form of $50 and $150 in bitcoin. Bitcoin incentives are key to its promotion, offered through January 9, 2018, combining holiday packages with the cryptocurrency. It says the promotion is in recognition of California’s legalization of recreational marijuana in 2018 (http://cnw.fm/3nowB).” To view the full article, visit http://cnw.fm/8zn4Q About ChineseInvestors.com…

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