CannabisNewsBreaks Archive - Page 390 of 428

ThursdayJan 04, 2018 12:48 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Launches Cure for Cannabis Industry’s Banking Blues

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced the launch of Green, its best-in-class payment system for state-sanctioned cannabis. Previously called StateSourced, Green allows state-licensed cannabis establishments to electronically transact payments and complete sales with just a few clicks. “What we’re launching is the very literal cure for the banking nightmare cannabis establishments face,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “This checks every box, from regulatory compliance, security, affordability, ease of use, integration—you name it, we’ve responded… This doesn’t function like a merchant account, it is one. And…

ThursdayJan 04, 2018 11:35 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Begins Trading on OTCQX Best Market

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, this morning announced that Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, has qualified to trade on the OTCQX® Best Market. Subsequently, Lexaria has upgraded from the OTCQB® Venture Market, beginning today. “Lexaria has made notable progress over the past twelve months in all aspects of its business, and will receive even more recognition by upgrading to OTCQX,” Chris Bunka, chief executive officer of Lexaria, stated in the news release. “Lexaria…

ThursdayJan 04, 2018 11:31 am

CannabisNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Northern Lights Subsidiary Making Strides Toward Sales License

Premium cannabis lifestyle brand DOJA Cannabis Company’s (CSE: DOJA) (OTC: DJACF) wholly owned subsidiary, Northern Lights Marijuana Company, is a Health Canada licensed cannabis producer on the track to gain a Sales License. An article discussing the company reads: “DOJA’s initial cannabis harvest, produced under the Access to Cannabis for Medical Purposes Regulations (ACMPR) license held by its subsidiary, Northern Lights Marijuana Company, will be inspected by Health Canada regulators as the last step before a Sales License can be awarded. Once DOJA passes this major milestone and receives its Sales License, the company can begin selling cannabis and position…

ThursdayJan 04, 2018 11:19 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Aims to Provide Fully Integrated Solution for Cannabis Companies

Full-service mobile technology provider SinglePoint (OTC: SING) is on a mission to build a fully integrated solution for cannabis businesses to help manage day-to-day operations from beginning to end. An article discussing this reads: “SinglePoint, Inc. (OTC: SING) has been cited by the The Greensheet Online Edition for building a “soup-to-nuts” platform for payment processing in the cryptocurrency and cannabis industries (http://cnw.fm/9qlqE). The goal, according to Wil Ralston, SING president, is to have a “fully integrated solution for businesses to manage their day-to-day operations from beginning to end.” Greensheet prominently mentioned SinglePoint in a section titled, “Workarounds Emerging.” It detailed…

WednesdayJan 03, 2018 12:50 pm

CannabisNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Launches CBD.co

Grey Cloak Tech, Inc. (OTCQB: GRCK) this morning announced the launch of CBD.co, a cannabinoid marketplace featuring a range of suppliers and products. The company expects CBD.co to become the definitive destination on the web for all things hemp and CBD, as noted by CEO Patrick Stiles in the news release. “The big online advertising companies like Amazon, Google and Facebook mostly refuse to allow CBD products on their platforms. This ultimately hurts consumers who are looking for reliable CBD products from brands they can trust,” Stiles added. “Additionally, countless CBD companies struggle every day to get their products in…

WednesdayJan 03, 2018 12:23 pm

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Releases 2017 Year-End Review

Marijuana Company of America, Inc. (OTC: MCOA) this morning announced its 2017 year-end review, providing updates on some of its most significant milestones from last year. These included becoming a fully reporting company by filing a Form 10 with the SEC in May; entering into joint venture partnerships with Bougainville Ventures, Inc. and Global Hemp Group, Inc.; acquiring an equity position in MoneyTrac Technology, Inc. and Convenient Hemp Mart’s ‘BeniHemp’ brand; and expanding its corporate communications capabilities by engaging multifaceted financial news and publishing firm NetworkNewsWire. “I am thankful to the teams at MCOA and hempSMART for their accomplishments and…

WednesdayJan 03, 2018 11:49 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Highlights Hidden Value of Wide-ranging DehydraTECH™ Patent

Based in Kelowna, British Columbia, Canada, food bioscience company Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) is a technology disruptor for edible CBD. An article discussing this reads: “Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) CEO Chris Bunka said in an audio interview with the Uptick Newswire Podcast (http://cnw.fm/Refc4) that the company was not only surprised by how quickly it received its patent for DehydraTECH™; it was also surprised by the broadness of the patent awarded for its utilization in other sectors, which it had expected in 2018 and 2019. The company believes that the new patent has locked up the…

WednesdayJan 03, 2018 11:13 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Appoints New President

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 the appointment of Al Lustig as its new president. Reporting directly to EVIO CEO William Waldrop, Lustig’s primary responsibility in this position will be to drive the company’s growth in both new and existing markets by developing and executing national and international sales and operational strategies. “As we embark upon our next stage of rapid growth, Al’s history of recognized success in corporate growth and sales leadership at Pfizer, one of the world’s largest…

WednesdayJan 03, 2018 10:40 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Appoints New CEO

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the promotion of Vanessa Luna to the position of chief executive officer, effective January 1, 2018. Luna previously served as MTRAC’s COO for nine months, playing a key role in positioning the company for its anticipated expansion within the booming cannabis industry. “I mentioned in the 2017 year-end review that was distributed last week that MoneyTrac is very much on the verge of significant growth from a revenue perspective,” James Hancock, MTRAC’s chairman of the board, stated in the news release. “This…

WednesdayJan 03, 2018 9:43 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Recaps 2017 Successes in Update

PotNetwork Holding, Inc. (OTC: POTN) this morning shared its outlook on what it called a “solid year of record breaking success” in 2017. Per the news release, the company’s management team has established “a solid infrastructure for success” since acquiring First Capital Venture Co. and Diamond CBD. Highlights related to these corporate milestones include strengthening the company’s value and achieving share appreciation from $0.01 in January 2017 to $0.10 in December 2017. PotNetwork also established an esteemed advisory board to aid in the research and development of new products, brought on a distinguished Florida physician as its chief executive officer…