CannabisNewsBreaks

ThursdayNov 16, 2017 12:11 pm

CannabisNewsBreaks – Skinvisible (SKVI) Inks Licensing Agreement for Distribution of Topical Cannabis Products in Select U.S. Markets

Pharmaceutical solutions researcher Skinvisible Pharmaceuticals, Inc. (OTCQB: SKVI) this morning said its Ovation Science subsidiary has reached a licensing agreement with Cannabiniers, a subsidiary of Lighthouse Strategies, LLC, to distribute Skinvisible’s patented Invisicare transdermal drug-delivery technology to select markets in the United States where medical cannabis products have been legalized. "We are excited to have Cannabiniers as a partner in the U.S. cannabis market. They are branding experts and have the vision and infrastructure to take Ovation's cannabis products across the United States," Skinvisible President Terry Howlett stated in the press release. "Leveraging Cannabiniers branding strategies, we have the ability to…

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ThursdayNov 16, 2017 11:58 am

CannabisNewsBreaks – Algae Dynamics Corp. (ADYNF) Receives Grant from Mitacs for Cannabis Research Collaboration

Innovative biotech company Algae Dynamics Corp. (OTCQB: ADYNF) this morning said the company, together with the University of Western Ontario, received project funding in the form of a C$400,000 grant from Mitacs, a Canadian not-for-profit organization. The company previously announced a research agreement with the University of Western Ontario to examine the role of specific phytochemicals in marijuana for the development of novel mental health therapies. The grant will support the collaborative project to identify and produce specific cannabinoid oil formulations with ratios that selectively target symptoms associated with these specific diseases. “This grant provides tremendous support to our sponsored…

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ThursdayNov 16, 2017 9:13 am

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Presenting at Cannabis-Based Science & Medicine Conference

InMed Pharmaceuticals (CSE: IN) (OTCQB: IMLFF) this morning said that it will be presenting twice at the Biopharma Forum on 'Cannabis-Based Science & Medicine' conference. The company will present on Thursday, November 30 and Friday, December 1 at the conference taking place in Denver, CO. The company’s chief scientific officer, Dr. Sazzad Hossain, will be presenting a lecture titled "Epidermolysis to Glaucoma - Identifying Pathology Candidates for Cannabis-Based Treatments." Among other areas of interest, the lecture will shine a light on InMed’s methods of identifying disease targets for cannabinoid compound treatments. To view the full press release, visit http://cnw.fm/9nvGz About…

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ThursdayNov 16, 2017 8:26 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Achieves 42% Month-Over-Month Revenue Growth in October

PotNetwork Holding (OTC: POTN) this morning announced that Diamond CBD, Inc., the company’s wholly owned subsidiary, reported revenues for October of nearly $1.7 million. The strong results surpass September’s revenues by 42%. Additionally, the company recently reported third quarter revenues of $4,444,800.00, a 29% increase from the second quarter. “It’s exciting that our sales continue to strengthen. With our continuing strategy in place, we approach the end of the year with great anticipation,” PotNetwork Holding chief executive officer Richard Goulding, MD stated in the news release. To view the full press release, visit http://cnw.fm/EZ0zl About PotNetwork Holding, Inc. PotNetwork Holding,…

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WednesdayNov 15, 2017 2:03 pm

CannabisNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Aims to Create CBD Marketplace with Purchase of CBD.co Domain

Grey Cloak Tech (OTCQB: GRCK) announced today that is has purchased the domain CBD.co. with an objective to create a media destination and primary marketplace for all types of hemp products, with a particular focus on cannabidiol (“CBD”) products. The company intends to make CBD.co the solution to a large division in the market, as major advertising companies currently do not allow CBD products on their platforms. CBD.co aspires to become the centralized, third-party marketplace available for producers and consumers of hemp products. To view the full press release, visit http://cnw.fm/z04vL About Grey Cloak Tech Inc. Grey Cloak develops advanced…

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WednesdayNov 15, 2017 10:30 am

CannabisNewsBreaks – Global Payout, Inc.’s (GOHE) MoneyTrac Subsidiary Explores Potential Strategic Partnerships in the Cannabis Banking Sector

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning said that its majority-owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), is exploring potential strategic partnership opportunities in the cannabis banking sector. In an effort to exploit a severely underserved market, MTRAC is in the process of evaluating various entities that engage in helping banking organizations become compliant with state cannabis regulations, and is highly interested in securing partnerships with established compliance financial organizations. To view the full press release, visit http://cnw.fm/UDN2y About Global Payout, Inc. Since the company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized…

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WednesdayNov 15, 2017 10:12 am

CannabisNewsBreaks – Algae Dynamics Corp. (ADYNF) Receives $250,000 Investment to Enhance Existing University Research Programs

Algae Dynamics (OTC: ADYNF), developer of unique health products infused with cannabis and algae oils, has received an investment of $250,000 from Teewinot Life Sciences Corporation, developer of biosynthetic cannabinoids. Algae Dynamics says it will use the funds for its research programs with The University of Waterloo and University of Western Ontario, as well as general administrative and compliance purposes. “These funds will allow us to continue our important university research programs and provide resources to move forward at an accelerated pace. We believe this new relationship with Teewinot will provide strategic value that will provide long term benefits for…

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WednesdayNov 15, 2017 9:42 am

CannabisNewsBreaks – SinglePoint (SING) Introduces Proprietary Bitcoin Exchange for Payment Processing in High-Risk Markets

Aimed at providing a solution to address the payment processing issues of high-risk transactions in the cannabis and other industries, SinglePoint (OTC: SING) this morning announced the soft launch of a bitcoin exchange that can be utilized by any business, from convenience stores to cannabis dispensaries in the 29 legal states and District of Columbia. “We are very pleased with what we have built out and executed on with this solution. SinglePoint now has a base to continue innovating on for the cannabis payments space. Businesses are contacting us daily about payment services and with this solution we feel confident…

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WednesdayNov 15, 2017 9:20 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Adds Key Individuals to Board and Executive Team

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) today announced that it has added Mr. Rick Fitzgerald to the Board of Directors and Dr. Michael Bumby to the executive team as Chief Financial Officer. Fitzgerald brings a wealth of strategic marketing and senior leadership experience in the alcoholic beverage and tobacco industries while Bumby adds extensive financial, international and capital markets experience. Paul Lucas, Chair of ABcann’s board of directors, stated, “We are pleased to welcome two outstanding individuals to ABcann and believe their domestic and global business experience will be a significant asset to the Company.” To view the full…

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TuesdayNov 14, 2017 1:32 pm

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Releases Results of Annual Shareholders Meeting

India Globalization Capital, Inc. (NYSE American: IGC) yesterday announced that during its 2016-2017 Annual Meeting of Shareholders on November 8, 2017, voting on Proposals Three and Four was adjourned to November 22, 2017 at 11:00 a.m. EST due to the lack of required stockholders needed. Stockholders of record on October 5, 2017 are eligible and requested by IGC to vote on these proposals that are available in the company’s proxy statement filed with the Securities and Exchange Commission (http://cnw.fm/J5mZZ). Eligible stockholders may vote at www.ProxyVote.com, by dialing 800-454-8683, or by returning a properly executed proxy card to InvestorCom. The following…

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