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FridaySep 22, 2017 1:08 pm

CannabisNewsBreaks – SinglePoint, Inc. (SING) Continues Focus on Solving Payment Issues for ‘Unbankable’ Legal Cannabis Businesses

Through building a diversified holding base, SinglePoint, Inc. (OTC: SING) has developed from a full-service mobile technology provider to a publicly traded holding company, and its SingleSeed subsidiary is working to solve an issue that is currently plaguing legal cannabis businesses: a lack of traditional banking options. Because of federal restrictions, marijuana merchants in the United States do not have the backing of the FDIC and, consequently, must largely conduct cash transactions because they do not have a means of processing credit and debit cards. An article further discussing this reads: “Analysts predict that the medical marijuana and recreational cannabis…

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FridaySep 22, 2017 9:17 am

CannabisNewsBreaks – American Cannabis Company, Inc. (AMMJ) Signs Exclusive Distribution Agreement with Earth Alive

American Cannabis Company, Inc. (OTCQB: AMMJ), a full-service, business-to-business consulting solutions provider and seller of ancillary products to the cannabis industry, has signed an exclusive distribution agreement with Earth Alive, a leading Canadian clean-tech company that develops and manufactures state-of-the-art microbial technology-based products. This agreement allows Earth Alive’s premiere cannabis microbial inoculant product, “Dr. Marijane,” a certified organic root probiotic proven to increase cannabis yields by up to 28%, to be commercialized. “We are very happy to be given the opportunity to exclusively distribute Dr. Marijane,” Terry Buffalo, CEO of American Cannabis Company, Inc., said in a news release. “Dr.…

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ThursdaySep 21, 2017 2:00 pm

CannabisNewsBreaks – GB Sciences, Inc. (GBLX) Forges Innovative Partnership with LSU AgCenter to Advance Understanding of Cannabis

GB Sciences, Inc. (OTCQB: GBLX) and Louisiana State University ("LSU") AgCenter recently announced an agreement with GB Sciences Louisiana, LLC, a wholly owned subsidiary of GB Sciences, Inc., to produce medical cannabis products for qualifying patients. The agreement, conducted under compliance with the Alison Neustrom Act, will allow GB Sciences to produce medical cannabis under the AgCenter’s license. In a news release, GB Sciences, Inc. stated that the agreement is “historic” and creates a formidable partnership. GB Sciences is a publicly traded cannabis company firmly rooted in science. This partnership with LSU, a major research university, is dedicated to advancing…

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ThursdaySep 21, 2017 9:21 am

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Announces Inclusion in CSE25 Index

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced that it has been included in the CSE25 Index after qualifying as one of the 25 largest companies in the CSE Composite Index. Per the update, the CSE25 Index is a subgroup of the CSE Composite Index, which was launched in 2015 and currently includes nearly half of the exchange’s listed companies and over 75 percent of the trading activity on the Canadian Securities Exchange. The CSE25 Index includes the top 25 securities contained within the CSE Composite Index based on market capitalization. According to the…

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WednesdaySep 20, 2017 11:16 am

CannabisNewsBreaks – Terra Tech Corp. (TRTC) Signs Second Craft Cultivator to Grow Proprietary Cannabis Brand

Terra Tech Corp. (OTCQX: TRTC), a vertically integrated cannabis-focused agriculture company, recently announced a new farm partnership with a second Craft Cultivator to grow the company’s proprietary high grade “IVXX” cannabis flowers and oils. The farm, Cultivar Inc., located in Salinas, California, is approved for up to six acres (approximately 244,000 square feet) of cannabis cultivation in high tech, climate-controlled greenhouses. “We selected Cultivar to be our newest Cannabis Craftsman as it uses an all-natural cultivation methodology that upholds the high standards associated with our proprietary IVXX brand, including sustainable farming practices and the production of pesticide-free cannabis products,” Derek…

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WednesdaySep 20, 2017 9:19 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Director Featured in SmallCapVoice Interview

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that its director of investor relations, Alan Klitenic, was featured in a recent interview with SmallCapVoice.com. In the interview, which can be heard at http://cnw.fm/yQP9T, Klitenic discusses CIIX’s recent news, including updates related to the digital currency industry, the company’s plans to launch a Chinese daily video news broadcast from the NYSE floor, CIIX’s recent financial performance and its completion of the record filing process with the Chinese FDA related to its soon-to-be-launched hemp infused skin care line. “I want to emphatically state that CIIX is ready to make sales…

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TuesdaySep 19, 2017 12:10 pm

CannabisNewsBreaks – MassRoots, Inc. (MSRT) Plans to Expand Point of Sale System to Nevada Cannabis Market

MassRoots, Inc. (OTCQB: MSRT), one of the leading technology platforms for the cannabis industry, recently reported that it is expanding its point of sale system to the Nevada cannabis market. The decision by Nevada regulators to require all state-licensed cannabis businesses to file regulatory reports via Franwell, Inc.’s METRC system, replacing MJ Freeway’s Leaf Data Systems, effective November 1, 2017, presented MassRoots with an exciting growth opportunity, the company said in a news release. “We believe MassRoots is uniquely positioned to serve cannabis-related businesses in medical and recreational markets across the United States. We estimate our market-share of cannabis consumers…

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TuesdaySep 19, 2017 9:58 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Announces Hurricane Irma Relief Promotion

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that electricity and internet service at Diamond CBD’s corporate headquarters have been restored, and its business is now back up and running smoothly in the wake of what meteorologists have classified as one of the largest recorded hurricanes to hit Florida. As part of the ongoing Hurricane Irma relief efforts, Diamond CBD will be donating 10 percent of all net proceeds for the next three days and offering a 50 percent discount storewide. “Our hearts go out to our community,” Gary Blum, CEO of PotNetwork Holding, stated in the news release. “You…

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TuesdaySep 19, 2017 9:22 am

CannabisNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Retains Consulting Services of Ben Paterson

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced that it has retained the consulting services of Ben Paterson, P.E., to assist in defining the pathway for scale-up, purification and manufacturing strategies related to the company’s cannabinoid biosynthesis program. Paterson brings nearly four decades of experience in developing pharmaceutical manufacturing and purification processes to the InMed team, having previously served as a senior engineering advisor with Pharmaceutical giant Eli Lilly and Company for nearly four decades. “Mr. Paterson brings significant experience in all facets of biosynthesis manufacturing and facility design,” Eric A. Adams, president and…

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MondaySep 18, 2017 10:56 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Attends Cannabis World Congress & Business Exposition

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that executive management members of its majority-owned subsidiary, MoneyTrac Technology, Inc., successfully represented the company at the fourth annual Cannabis World Congress & Business Exposition held in Los Angeles. “Representation at events such as this present such a unique and powerful opportunity to grow our presence and establish new partnerships within an industry that is incredibly tight-knit and yet growing at an unprecedented rate,” MoneyTrac COO Vanessa Luna stated in the news release. “I am encouraged by the many different connections we established during this expo, and I am…

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