CannabisNewsBreaks

MondayDec 04, 2017 9:04 am

CannabisNewsBreaks – Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) Provides 2018 Strategy Update Regarding Growth Plans

Licensed Canadian cannabis cultivation company Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) this morning provided an update regarding its growth plans for 2018. The company’s incoming president and CEO Nick Dean intends to focus on meeting the expected surge in demand in the recreational cannabis sector through strategic partnerships and by increasing Emblem’s total production capacity. Dean also intends to ramp up patient acquisition in the medical cannabis market utilizing the company’s strengths and quality products. “Ultimately it’s about being relentlessly driven to deliver a strong return on investment and a solid balance sheet. We will also be mindful of strategic…

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FridayDec 01, 2017 11:41 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Q3 Results, Operational Update

Abcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) recently released financial results for the three and nine months ended September 30, 2017. Among other highlights from the third quarter, the company reported $43.4 million in cash, cash equivalents and marketable securities which provides a strong position for expansion plans for its high-tech Vanluven facility. Abcann also reported revenues of $614,000 for the nine months ended September 30, 2017, a considerable increase compared to $211,00 during the same period in 2016. Additionally, the company provided an update on operations, including the company’s strategy moving forward. “ABcann’s vision is to create a successful…

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FridayDec 01, 2017 10:46 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Stock, Option and Warrant Transactions

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced various stock, option and warrant transactions. The news release states, “Following issuance of these common shares, Lexaria will have 69,674,919 common shares issued and outstanding. No commissions or placement fees have been paid related to the funds received from these warrants exercised. Proceeds will be used for general corporate purposes.” No shares were sold or registered in the United States. In addition, John Docherty, President of Lexaria Bioscience Corp., recently issued a clip discussing the company's technology…

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ThursdayNov 30, 2017 2:47 pm

CannabisNewsBreaks – India Globalization Capital, Inc.’s (NYSE: IGC) Future Business Strategy

India Globalization Capital (NYSE American: IGC) is strategizing the marketing of its products and select target markets for continued growth. A recent article highlights next year’s and future year’s prospects and IGC plans, stating, “[IGC] sees opportunities in 2018, primarily from the distribution, in Germany, of its cannabinoid-based therapies, including IGC-AD1 (Hyalolex). It also sees the commercialization in 2018 of Hyalolex in a non-inebriating liquid supplement version. IGC has identified a number of U.S. states, as well as Canada and Germany, as target markets in the future.” To view the full press release, visit http://cnw.fm/cqF9e About IGC IGC is engaged in…

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ThursdayNov 30, 2017 11:36 am

CannabisNewsBreaks – Marijuana Company of America, Inc. (MCOA) to Release Benihemp Convenience Brand in Partnership with HoneyB Healthy Living

Marijuana Company of America (OTC: MCOA) this morning said it has partnered with HoneyB Healthy Living to launch a convenience store-friendly product under the “BeniHemp” brand for cannabis topicals, tinctures, and edibles. “The BeniHemp model is attractive to convenience store operators, who understand the value of selling sample sized packages of CBD products that will ultimately generate online sales for monthly orders where they can generate revenues from sales they never see or have to manage. We believe this is an attractive model for small retail business owners looking for every opportunity to tap into the rapidly emerging CBD market…

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ThursdayNov 30, 2017 11:14 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Collaborates with PotSaver to Create Networking and Marketing Resource for Cannabis Industry

Global Payout (OTC: GOHE) this morning said its MoneyTrac Technology subsidiary is working with its PotSaver brand to launch a publication called “PotSaver Biz” to support connectivity between the varied businesses operating in the emerging cannabis industry. “One of our biggest takeaways from attending the MJBizCon was how much better the cannabis industry can be connected from a business perspective through a publication such as PotSaver Biz. This publication will provide many of these owners, who are operating virtually every type of business in the industry, from lighting equipment to security services, an effective platform to market their products and…

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WednesdayNov 29, 2017 11:00 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Magic Hemp Series Stands Out in Chinese CBD Market

ChineseInvestors.com (OTCQB: CIIX), through its subsidiary ChineseHempOil.com, Inc., recently launched its OptHemp product line. An article discussing this reads: “According to Markets Insider (http://cnw.fm/uOV5R), the CBD Magic Hemp Series is the company’s first line of hemp-infused skin care products (the CBDBIO TECH Brightening and Refreshing Moisturizer, CBDBIO TECH Perfecting Shield Primer and CBDBIO TECH Peptide Collagen Solution).  The products are intended to bring a moisturizing balance, form a protective layer, provide an even skin tone, and firm the skin while reducing the signs of aging. Different from other skin care lines currently available in China, the products are infused with…

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WednesdayNov 29, 2017 10:32 am

CannabisNewsBreaks – AppSwarm, Inc. (SWRM) and SinglePoint, Inc. (SING) Advance JV Through Developmental Phase; Prepare to Launch First App

Technology development company AppSwarm (OTC: SWRM) provided an update today regarding the company’s joint venture with specialized holding company SinglePoint (OTC: SING). The two companies have completed development plans for a shared roll-out of mobile applications that specifically target issues in the cannabis space and provide solutions through Blockchain technology and Bitcoin payment options. The applications will be marketed under SinglePoint’s SingleSeed subsidiary and AppSwarm will provide application development and technical support. The companies will split revenue from all products through the joint venture 50/50. The companies intend to launch the first application in January 2018. “This JV with SinglePoint…

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TuesdayNov 28, 2017 12:24 pm

CannabisNewsBreaks – PotNetwork Holding Inc. (POTN) to Reduce Issued and Outstanding Common Shares by More Than Half

Fort Lauderdale, Florida based holding company, PotNetwork Holding (OTC: POTN), today announced the retirement of 300,000,000 common shares held by principal shareholders. The reduction of over half the issued and outstanding common shares will be exchanged for non-trading preferred shares. This reduction will bring PotNetwork’s current issued and outstanding common shares of 569,920,485 down to a total of 269,920,485 issued and outstanding common shares. To view the full press release, visit http://cnw.fm/Q0oh0 About PotNetwork Holding, Inc. PotNetwork Holding, Inc. (OTC: POTN) is a publicly traded company that acts as a holding company for its subsidiaries including First Capital Venture Co.,…

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TuesdayNov 28, 2017 11:47 am

CannabisNewsBreaks – Grey Cloak Tech (GRCK) Names Chief Marketing Officer for New Website

Grey Cloak Tech Inc. (OTCQB: GRCK) this morning announced its hiring of Steve Goldberg to handle web traffic growth for the company’s new online site, CBD.co, bringing to bear years of experience with search engine optimization and conversion rate optimization. "I'm incredibly excited about this project. Initially I was looking at taking on CBD.co as a part time client, however after attending the MJ BizCon conference in Las Vegas with the Grey Cloak management team and seeing the success they had first hand, I immediately wanted to expand my role,” Goldberg stated in a news release about his new role.…

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