CannabisNewsBreaks

FridaySep 29, 2017 3:03 pm

CannabisNewsBreaks – Algae Dynamics Corp. (ADYNF) Collaborative Study Yields Possible Breakthrough in Reversing Mental Illness Symptoms Resulting from Adolescent Cannabis Use

Algae Dynamics Corp. (OTCQB: ADYNF), a company engaged in developing unique health products and pharmaceuticals that utilize hemp, cannabis and algae oils, is making international news through its current collaboration with the University of Western Ontario (now rebranded as Western University). A recent study conducted collaboratively between the two entities and globally reported (http://cnw.fm/9IE7f) has found that the negative effects of tetrahydrocannabinol (THC)-rich marijuana on the adolescent brain can be reversed through the use of compounds that increase the amounts of GABA, which is a chemical and neurotransmitter in the brain. An article further discussing this reads: “THC exposure reduced…

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FridaySep 29, 2017 3:01 pm

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Achieves $43M in Working Capital, Eyes Substantial Production Capacity Increase for 2018

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a manufacturer and distributor of medical cannabis in Canada, announced on August 29 (http://cnw.fm/X6GSl) the achievement of working capital in the amount of $43 million from multiple financings, including strategic partnerships and private placements, during the six months ended June 30, 2017. During that period, ABcann recorded revenues of C$264,319, compared with $21,465 during the same period of 2016. For the six-month period ended June 30, the company’s revenues were $436,802, as compared with $21,840 for comparable period of the previous year. An article further discussing this reads: “ABcann’s first quarter as a…

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FridaySep 29, 2017 9:31 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Selected as Premier Sponsor of Tommy Chong’s Blazer’s Cup

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its Diamond CBD subsidiary has been selected as an exclusive premier sponsor of Tommy Chong’s Blazer’s Cup, a large cannabis festival set to take place beginning on December 2, 2017, in San Bernardino, California. PotNetwork will be joined in the sponsorship by partner Dank City, LLC, a leading social and digital media platform for medical cannabis patients and businesses. Since its start as a grass roots cannabis publication in 2010, Dank City as amassed an impressive 50 million social media followers, and it expects to build on this rapid growth following…

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ThursdaySep 28, 2017 1:44 pm

CannabisNewsBreaks – Marijuana Company Of America (MCOA) and Global Hemp Group (GBHPF) Engage Space Cowboys to Advise on Hemp Cultivation JV in New Brunswick

Marijuana Company Of America (OTC: MCOA) and Global Hemp Group, Inc. (CSE: GHG) (OTC: GBHPF) said today that the companies have engaged Space Cowboys, Inc. for an advisement role on the companies’ joint venture project in New Brunswick. Space Cowboys will assist the companies in maximizing cannabinoid production as the group increases cultivation operations in New Brunswick in the coming years. Additionally, MCOA and GHG intend to attain further hemp varieties that perform well under the conditions of New Brunswick and expand to at least 125 total acres for the 2018 cultivation. The companies are also preparing for the upcoming…

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ThursdaySep 28, 2017 12:31 pm

CannabisNewsBreaks – Alternate Health (CSE: AHG) (OTCQB: AHGIF) Announces Launch of Cannabis Blockchain Transaction Ledger

Alternate Health Corp. (CSE: AHG) (OTCQB: AHGIF), an international medical cannabis company that uses best-in-class technology, research, education, production and laboratories to increase the awareness, regulatory compliance and appropriate usage of cannabinoids in modern medical practices, recently announced the rebranding of its CanaCard software to the CanaPass Patient Management System with the goal of integrating mobile technology and providing a blockchain ledger for the purposes of transparency and accountability. “The evolution of CanaPass is a natural step forward in Alternate Health’s software development as we continuously update and adapt the system to changes in technology," Dr. Michael Murphy, CEO of…

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ThursdaySep 28, 2017 9:49 am

CannabisNewsBreaks – Skinvisible Pharmaceuticals, Inc. (SKVI) Announces Definitive Licensing Agreement with Canopy Growth Corp.

Research and development company Skinvisible Pharmaceuticals, Inc. (OTCQB: SKVI) this morning announced the signing of a definitive license agreement with Canopy Growth Corporation (TSX: WEED) (OTC: TWMJF) related to Skinvisible’s patented topical formulations. Per the agreement, Canopy Growth is now exclusively licensed to distribute Skinvisible’s topical products throughout Canada and maintains first right of refusal for all other countries, excluding China and the United States. “This agreement with Canopy Growth Corporation is a significant milestone for Skinvisible,” Terry Howlett, president of Skinvisible, stated in the news release. “Canopy Growth is the leader and innovator in the cannabis space with over…

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WednesdaySep 27, 2017 9:32 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Announces Acquisition of PotSaver

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), has finalized a majority ownership acquisition of PotSaver, a revenue-producing community periodical providing listings on discounted cannabis-related products for Southern California dispensaries and shops. Per this morning’s update, the majority ownership acquisition is expected to provide MTRAC with an immediate revenue stream related to PotSaver’s existing subscription-based earnings. “The majority ownership acquisition of PotSaver marks a significant milestone for MoneyTrac Technology,” Vanessa Luna, COO of MTRAC, stated in the news release. “Not only does it provide our company with an…

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TuesdaySep 26, 2017 3:34 pm

CannabisNewsBreaks – Pivot Pharmaceuticals (PVOTF) and Solmic Research GmbH Sign License and Collaboration Agreement for Improved Oral Formulations of Cannabinoids

Pivot Pharmaceuticals (OTCQB: PVOTF) and its medical cannabis product division, Pivot Green Stream Health Solutions, recently announced the signing of a definitive agreement with Solmic Research GmbH (Germany) which gives Pivot Pharmaceuticals worldwide rights to Solmic Solubilisation Technology for the development and commercialization of cannabinoid-containing natural extracts. Solmic’s proprietary technology provides higher bioavailability and stability compared to alternative oil-based formulations. Solmic’s technology allows active ingredients to become water soluble without changing their composition and nature. To view the full article, visit http://cnw.fm/Ew0e4 About Pivot Pharmaceuticals Inc. Pivot Pharmaceuticals Inc. (OTCQB: PVOTF), based in Vancouver, Canada, is an emerging biopharmaceutical company…

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TuesdaySep 26, 2017 9:51 am

CannabisNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Return of Paul Dickman as CFO

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that it has appointed Paul Dickman as its chief financial officer, effective September 26, 2017. Dickman previously served as the company’s CFO from July 2010 through October 2016, when he resigned in order to pursue a new opportunity. In his new position, Dickman will be responsible for leading financial operations and activities for ChineseInvestors.com, as well as establishing and monitoring its financial plan and strategies. “We are incredibly fortunate that Paul has agreed to return as our Chief Financial Officer,” Warren Wang, CEO of CIIX, stated in the news release.…

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TuesdaySep 26, 2017 9:28 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Enters Letter of Intent to Acquire Stake in Denver-Based Company

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that it has signed a Letter of Intent (“LOI”) to acquire a Denver, Colorado-based company that is approaching $1 million in annual revenue. Per the LOI, SinglePoint will acquire 51 percent of the acquisition target in a stock and cash transaction that’s expected to increase shareholder and company value by delivering immediate revenues with a healthy margin. “We are committed to identifying and making investments in companies that strengthen SinglePoint's value,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “Our goal is to find and acquire companies we…

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