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TuesdayOct 24, 2017 10:31 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) and AppSwarm, Inc. (SWRM) Enter LOI to Conduct Joint Roll-Out of Cannabis Mobile Apps

Specialized holding company SinglePoint, Inc. (OTC: SING) and technology development company AppSwarm, Inc. (OTC: SWRM) this morning announced their entry into a Letter of Intent related to a joint roll-out of mobile applications specifically geared to the cannabis industry. Per the update, the applications will be branded and marketed under SinglePoint’s SingleSeed subsidiary, while AppSwarm will provide the necessary technical support and app development expertise. “We are very excited to roll-out these applications,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have worked on projects like these before and now we really feel we have both the…

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TuesdayOct 24, 2017 10:04 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Teams with Pegasus Fintech, Inc. to Develop Cryptocurrency-Based Token

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has established a strategic partnership with Pegasus Fintech, Inc., an innovative blockchain and token accelerator company delivering regulatory-compliant solutions in the financial services, technology, blockchain and cryptocurrency market sectors. “MoneyTrac Technology is aiming to establish itself as the most effective full-service provider of financial technology solutions for businesses in the cannabis industry,” Vanessa Luna, COO of MoneyTrac, stated in the news release. “Pegasus’s cryptocurrency technology will serve as the catalyst for us to develop and introduce a cryptocurrency token that we…

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TuesdayOct 24, 2017 9:41 am

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Highlights Positive Pre-Clinical Data Related to Biosynthesis Platform

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced results from a study co-sponsored by InMed and the University of British Columbia. Notably, this study is the first ever to report hydrogel-mediated cannabinoid nanoparticle delivery to the eye resulting in enhanced drug uptake via the cornea and lens. “Importantly, this study offers further validation of InMed's capabilities in moving the science of cannabinoid pharmaceuticals forward,” Eric A. Adams, president and CEO of InMed, stated in the news release. “Results like this, combined with our expanding patent portfolio and list of publications, on-going R&D, and renowned…

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MondayOct 23, 2017 9:56 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Enters Final Stages of Audit in Preparation for Uplisting to OTCQB Venture Marketplace

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that it is in the final stages of performing a two-year audit in an effort to become a fully reporting SEC company. Upon completion of the audit, Global Payout will immediately apply for listing on the OTCQB Venture Marketplace. “We have been contemplating an up-list to the OTCQB for quite some time and we as a Company feel that now is the best time given Global’s progress over the past few months,” Jim Hancock, CEO of Global Payout, stated in the news release. “The recent acquisition of two revenue…

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FridayOct 20, 2017 11:59 am

CannabisNewsBreaks – Green Spirit Industries, Inc. (GSRX) Fast-Tracks Dispensary Construction on Three Pre-Approved Sites in Puerto Rico Following Hurricane Maria

Green Spirit Industries (OTC: GSRX) this morning said it has ramped up its construction efforts regarding three pre-approved medical cannabis dispensaries in Puerto Rico following Hurricane Maria. Green Spirit has brought in additional workforce to help complete the locations in Dorado, Carolina and San Juan for inspection and intends to open the locations before year end. “Patients in Puerto Rico who have come to depend upon medical marijuana, especially those for whom it replaces pharmaceuticals, need safe and dependable dispensaries that are conveniently located, and it is our aim to help fill the need as quickly as possible,” Green Spirit…

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ThursdayOct 19, 2017 12:24 pm

CannabisNewsBreaks – Canada’s Cannabis Market Presents Big Potential for Algae Dynamics Corp. (ADYNF)

In Canada, where recreational marijuana is expected to be legalized in 2018 and where registered clients are projected to increase to 715,000 by 2020 and cumulatively purchase 124,443 kg of dried medical marijuana annually, Algae Dynamics Corp. (OTCQB: ADYNF) foresees huge opportunity and greater market share. If the model seen in Colorado’s cannabis market holds true, by 2018 approximately 45 percent of Canada’s cannabis consumers will have switched from dried medical marijuana to cannabis extracts/oil. This is great news for ADYNF, which produces health products and nutraceuticals utilizing cannabis, hemp and algae oils. An article discussing this reads: “(ADYNF) is…

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ThursdayOct 19, 2017 12:24 pm

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Poised to be First to Market in China’s Multibillion-Dollar Skin Care Industry with Line of Cannabidiol-Based Products

ChineseInvestors.com (OTCQB: CIIX) is quickly moving into the multibillion-dollar Chinese skin care industry and is introducing its first line of cannabidiol (CBD) based skin care products. CIIX has already filed a record with the China Food and Drug Administration for this line of hemp-infused skin care products and hopes to launch within the next couple of months. An article discussing this reads: “China is the second-largest consumer of skin care products in the world and generates nearly $30 billion in annual retail sales. Since no other notable manufacturers have entered the cannabis skin care product market in China, CIIX would…

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ThursdayOct 19, 2017 12:24 pm

CannabisNewsBreaks – Marijuana Company of America (MCOA) Stands Out among Cannabis and Hemp Industry Innovators

Constant growth within the legal marijuana and hemp industries also means increasingly fierce competition in this burgeoning market, which makes it more and more difficult for companies in the cannabis space to stand out from the pack. Marijuana Company of America, Inc. (OTC: MCOA) is among those managing to shine in spite of the growing competition, successfully carving out a niche with its unique, strategic approach and distinctive business model. An article discussing this reads: “The exponential growth of the legal cannabis market and the hemp-based CBD industry enables Marijuana Company of America to fully develop its vertically integrated business…

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WednesdayOct 18, 2017 2:43 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Equities.com Interview

SinglePoint (OTC: SING) was featured in an article published by Equities.com in which the company’s chief executive officer, Greg Lambrecht, was interviewed. SinglePoint is a full-service mobile technology provider focused on horizontal markets and acquiring undervalued subsidiaries. The company is currently engaged in two booming industries: cannabis and cryptocurrency. “We believe that when we get through with our cryptocurrency product we're going to have a huge first mover advantage to be able to go into the dispensary and let the customers use Bitcoin or other coins to pay for cannabis. It’s just a huge opportunity and with our technical expertise…

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WednesdayOct 18, 2017 11:29 am

CannabisNewsBreaks – Pressure BioSciences, Inc. (PBIO) Enters Collaboration Agreement with Phasex Corporation

Pressure BioSciences, Inc. (“PBI”) (OTCQB: PBIO), a leader in the development and sale of innovative solutions for the worldwide life sciences industry, this morning announced a collaboration with Phasex Corporation, one of the world’s most experienced supercritical fluid (“SCF”)-based toll processors. The goal of the collaboration is to combine PBI’s recently patented Ultra Shear Technology with Phasex’s SCF-based processing methods to enable the development of stable, water-soluble nanoemulsions of nutraceuticals, including CBD-enriched plant oil. “Rapidly expanding markets for non-psychoactive extracts of cannabis plant material, for instance, is an example of a potentially high demand application for our combined, synergistic technologies,” Richard…

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