CannabisNewsBreaks

WednesdayDec 27, 2017 12:16 pm

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Serving Cannabis Industry with Merchant Processing Power

As attention grows in regard to the possibilities for a legal marketplace serving the varied needs of the medical and recreational marijuana industries, Medical Cannabis Payment Solutions (OTC: REFG) is positioning itself to compete in the industry verticals serving cannabis patients and corporate clients. An article discussing this reads: “In response to the need for a private encrypted digital solution, REFG is positioned in the industry as a first-tier merchant processing pioneer. REFG, through subsidiary StateSourced, has launched the first and only comprehensive card processing system of its kind. With considerable investment in market research and product development, the company…

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WednesdayDec 27, 2017 11:55 am

CannabisNewsBreaks – CNBC Publication Highlights SinglePoint, Inc.’s (SING) SingleSeed as Alternative for Cash-only Cannabis Industry

SinglePoint’s (OTC: SING) mobile app SingleSeed is gaining attention thanks to a CNBC article on its ability to help cannabis dispensaries and customers exchange funds through bitcoin. Using debit or credit cards, consumers can make purchases without the need to rely on conventional banks that may be reluctant to transact business with the cannabis industry amid ongoing controversy about federal drug policy. An article discussing this reads: “It was obvious banks didn’t want to handle legal marijuana transactions, … which meant cannabis retailers and consumers were forced to bring cash to the table, and it was apparent that an alternative…

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WednesdayDec 27, 2017 11:33 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) CEO Releases Letter to Shareholders

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced the release of a year-end letter to shareholders from CEO James Hancock. In the letter, Hancock recaps what he calls an “especially active, yet successful” year for both Global Payout and its majority-owned subsidiary, MoneyTrac Technology, Inc. In particular, he notes the company’s appointment of Vanessa Luna to the position of chief operating officer as a major milestone in Global Payout’s strategic plans. “Without question, one of the most critical events of the year involved the appointment of Ms. Vanessa Luna as Global's Chief Operating Officer,” Hancock stated in…

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TuesdayDec 26, 2017 12:44 pm

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Set to Exploit the Cannabis Industry Utilizing Proprietary Technology

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) is well positioned in the booming cannabis industry with its patent-protected technology, DehyraTECH™, which enables a more efficient delivery and absorption of cannabinoids. An article discussing this reads: “Lexaria research and development partnership with the Canadian government’s National Research Council underscores the significance of its unique technology. Results from the endeavor are expected to support accelerating B2B relationships – and not just in the booming cannabis and CBD/hemp oil industry. Much more can be done to enhance and enable delivery of active pharmaceutical ingredients in a wide variety of important health-related fields, offering Lexaria…

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TuesdayDec 26, 2017 12:38 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Centers Focus on Cryptocurrency Division

ChineseInvestors.com, Inc. (OTCQB: CIIX), a diverse educational and consulting company for the Chinese-speaking community in China and the U.S., recently announced that it is spinning off two divisions to allow itself to focus on its new cryptocurrency division. The company is spinning off its wholly-owned foreign entity, CBD Biotechnology Co., Ltd., and its wholly-owned subsidiary, ChineseHempOil.com. An article discussing plans this reads: “It has committed itself to cryptocurrency education and active involvement. It broadcasts a daily video from the NYSE titled ‘Bitcoin MultiMillionaire’. It has also recently reached agreement to host a bitcoin ATM in the lobby of its headquarters…

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TuesdayDec 26, 2017 9:51 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Licensee Attains ISO 17025 Accreditation

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 that its Colorado licensee, PhytaTech CO, has attained ISO 17025 accreditation, which requires consistent production of precise and accurate tests and implementation of a rigorous quality management system. Per the update, ISO 17025 is the highest recognized quality standard for calibration and testing laboratories. “As one of only a few Colorado Cannabis Testing labs that have achieved ISO 17025 accreditation, PhytaTech is at the leading edge of testing in the state,” Stephen Goldman, PhytaTech’s…

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TuesdayDec 26, 2017 9:11 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Looks to Blockchain Technology as Possible Solution for Issues Facing Cannabis Industry

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced plans to leverage its existing team of technology and health care experts in order to develop methods of utilizing blockchain technology in areas such as product identification assurance (PIA). The importance of PIA was reaffirmed in a recent study published by JAMA, which indicated that nearly 70 percent of all cannabidiol products sold online are mislabeled. “We understand the unique challenges facing the cannabis industry and believe that our team has the expertise to be the first to…

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FridayDec 22, 2017 12:18 pm

CannabisNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) to Leverage Unique Compound Synergies for Pain Moderation

Based on evidence that cannabinoids and opioids can work in synergy to moderate pain, Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) and its research arm, Cannevert Therapeutics Ltd., intend to boost actions of opioid analgesics with a specific strain of cannabis. A recent article highlights the company’s approach in developing quality strains, stating, “Veritas Pharma employs a scientific approach to support medical cannabis claims and is intent on developing and commercializing the most effective strains of cannabis for medical use. The company is concerned that, with the rapid growth of the medical cannabis industry, product quality is inconsistent and…

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ThursdayDec 21, 2017 3:08 pm

CannabisNewsBreaks – Cryptocurrency Integration Creates New Opportunities for Medical Cannabis Payment Solutions (REFG)

Medical Cannabis Payment Solutions’ (OTC: REFG) adoption of cryptocurrency (“$Weed”) through a partnership with First Bitcoin Capital Corporation (OTC: BITCF) is giving the leader in end-to-end management of marijuana industry operations a significant resource as it strives to enable legal and compliant cannabis companies with options for their success. America’s medical cannabis industry is expected to grow at double digit rates in the years to come. An article discussing this reads: “Through the collaboration, dispensaries and other companies that work in the marijuana industry will gain another opportunity for payment processing. They will work with both debit cards and prominent…

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ThursdayDec 21, 2017 12:56 pm

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) Poised for Action in Cannabinoid Health Industry

Amid the industry and consumer enthusiasm accompanying the expansion of marijuana product legalization throughout the United States and across the globe, the Marijuana Company of America (OTC: MCOA) is preparing to develop and market hemp-derived nutritional and wellness products. MCOA’s subsidiary hempSMART is committed to producing clinically tried cannabinoid formulations and delivering them through a convenient and discreet network. An article discussing this reads: “hempSMART places a high priority on using the best quality extracts from hemp plants that are produced and processed to maximize cannabinoid concentration and potency. The company currently has two CBD-based products available for distribution. The…

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