CannabisNewsBreaks Archive - Page 416 of 429

MondayAug 28, 2017 9:55 am

CannabisNewsBreaks – PotNetwork Holding, Inc. (POTN) Takes Center Stage at Mayweather-McGregor with Sponsorship Deal

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its wholly-owned subsidiary, Diamond CBD, Inc., was an official sponsor of two contenders at the Mayweather-McGregor Event that took place on August 26. “We want to thank Francisco Fonseca and Steve Cunningham for the opportunity to gain this monumental level of brand exposure,” Gary Blum, chief executive officer of PotNetwork Holding, stated in the news release. “In consideration of what is paid for a 30 second commercial spot, during a comparable sporting event, we believe that this is one of the most exciting opportunities for public exposure that Diamond CBD and…

MondayAug 28, 2017 9:15 am

CannabisNewsBreaks – ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF) Announces Release of High Level CBD Product

ABcann Global Corporation (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the release of one of Canada’s highest legal CBD:THC ratio products by wholly-owned subsidiary ABcann Medicinals Inc. CBD-Med has a ratio of 27.6:1 (18.5% CBD to 0.67% THC), making it one of Canada’s highest CBD products under Health Canada regulations. “The development of these products is in line with ABcann's corporate strategy as a premium product provider of organic, pesticide free cannabis,” Ken Clement, executive chairman of ABcann, stated in the news release. “As the Company continues to scale production capacity, our product line will expand as we strive to…

FridayAug 25, 2017 12:00 pm

CannabisNewsBreaks – Algae Dynamics Corp. (ADYNF) Poised to Profit from Impending Recreational Cannabis Legalization

Cannabis is America’s fastest-growing industry, predicted by Forbes to grow as much as 700 percent by the year 2020. Canada-based Algae Dynamics Corp. (OTCQB: ADYNF) is working to exploit a niche market in Canada’s cannabis space as the Canadian government works to implement blanket legalization of marijuana by 2018. As noted in a recent NNW article: “Algae Dynamics is focused on the extraction of oils from hemp, cannabis and algae for use in unique health products and pharmaceuticals. The company has already engaged two highly respected universities to provide research into the various uses of cannabis and hemp oil extracts,…

FridayAug 25, 2017 12:00 pm

CannabisNewsBreaks – Disruptive Process Pioneered by Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Creates Superior Cannabis Edibles

Common complaints among consumers of cannabis edibles include the presence an unpleasant taste, but this and other inadequacies are being overcome through the innovations of Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP). Lexaria’s disruptive process masks the unpleasant taste of cannabis, and the company’s lipophilic enhancement technology also changes the way cannabinoids enter the body while significantly speeding up the timeframe in which THC’s effects are felt and increasing bio-absorption by as much as tenfold. As noted in a recent NNW article: “Because cannabinoids are absorbed poorly by the gastrointestinal tract, many cannabis users turn to other administration routes, like…

ThursdayAug 24, 2017 9:18 am

CannabisNewsBreaks – PotNetwork Holdings, Inc. (POTN) Subsidiary Achieves 30% Month-Over-Month Revenue Growth in July

PotNetwork Holdings, Inc. (OTC: POTN) this morning announced that its wholly owned subsidiary, Diamond CBD, Inc., has delivered a considerable month-over-month increase in revenues, recording $1,459,137 for the month of July. This total exceeded the company’s June revenues by more than 30 percent. “We are very pleased with how the numbers have continued to gain over the summer,” Maria Gomez, regional vice president of sales for Diamond CBD, Inc., stated in the news release. “We are consistently setting new sales records month after month and are excited to be able to report this type of continuing growth. We have taken…

ThursdayAug 10, 2017 9:53 am

CannabisNewsBreaks – Arcadia Biosciences, Inc. (NASDAQ: RKDA) and Bioceres’ Joint Venture Receives Completed Safety Review by FDA

Arcadia Biosciences (NASDAQ: RKDA) before the bell said its joint venture with Bioceres S.A., Verdeca, has received notification that the FDA has completed its full review of the company’s safety evaluation for HB4 soybeans. This permits Verdeca products derived from HB4 soybeans to be used commercially in human food and animal feed. Additionally, completion of the FDA’s review marks a key regulatory achievement in the approval process for Verdeca’s HB4 drought stress tolerance trait. The company has submitted an environmental safety data petition to the U.S. Department of Agriculture (USDA) which is currently under review. The USDA is expected to…

ThursdayAug 10, 2017 9:49 am

CannabisNewsBreaks – Data and Safety Monitoring Board Recommends Completion of ARCA biopharma, Inc.’s (NASDAQ: ABIO) GENETIC-AF Trial

ARCA biopharma (NASDAQ: ABIO) this morning said the GENETIC-AF trial Data and Safety Monitoring Board (DSMB) has completed its pre-specified phase 2B interim analysis and has recommended completion of the study with no changes to the trial design. GENETIC-AF is a clinical trial evaluating Gencaro™ as a candidate for the treatment of atrial fibrillation (AF). The Gencaro development program has been granted Fast Track designation by the U.S. Food and Drug Administration (FDA). “The DSMB stated that there were no safety concerns and that the efficacy results met the prespecified criteria for continuing the Phase 2B trial to completion. We…

ThursdayAug 10, 2017 9:46 am

CannabisNewsBreaks – SeeThruEquity Issues Update, New PT on IEG Holdings Corp. (IEGH)

SeeThruEquity has updated its coverage and issued a new price target of $5.20 on shares of IEG Holdings Corp.’s (OTCQB: IEGH) stock following the company’s recent release of financial results for the second quarter of 2017. Among other highlights, the analyst noted that the results showed a decrease in operating costs as well as an improved balance sheet for IEG. Additionally, the company declared a cash dividend of $0.005 per common share for the second quarter of 2017. The dividend is payable on August 21, 2017, to stockholders of record at the close of business on Friday, August 11, 2017.…

ThursdayAug 10, 2017 9:32 am

CannabisNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) CEO Discusses Company’s Progress in Interview

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a company engaged in licensing proprietary technology for the delivery of bioactive compounds, this morning announced that its chief executive officer, Chris Bunka, was featured in a recent interview on the Uptick Network Stock Day Radio Show. Bunka leveraged the platform to discuss Lexaria’s overall accomplishments in the past three months, as well as the company’s expectations for profitability moving forward. He notes that ongoing research and development programs could open both the NSAID and Nicotine markets to Lexaria, providing an opportunity to significantly increase corporate revenues and facilitate further expansion. “In the…

TuesdayAug 08, 2017 12:40 pm

CannabisNewsBreaks – Rennova Health, Inc. (NASDAQ: RNVA) Opens Big South Fork Medical Center

Rennova Health (NASDAQ: RNVA) (NASDAQ: RNVAZ) this morning said it has opened the Big South Fork Medical Center (BSFMC) and provision of 24/7 services. Located in Oneida, Tennessee, the hospital offers in-patient and outpatient services including a 24/7 emergency department. Future plans for the hospital include submitting an application to be classified as a Critical Access Hospital which will in turn enable certain advantages with payers. "We believe our investment and ability to facilitate the needs of doctors and other healthcare providers in the local area will enable us to exceed previous revenues achieved by this hospital. This opening is…

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