CannabisNewsBreaks

FridayMay 05, 2017 12:18 pm

CannabisNewsBreaks – Eco Science Solutions, Inc. (ESSI) Inks LOI to Acquire Specialty Banking Operation; Shares Rise

Eco Science Solutions, Inc. (OTCQB: ESSI) shares are up more than 18% after the company this morning said it has signed a Letter of Intent (LOI) with Ga-Du Bank, Inc. for the purpose of acquiring full ownership of the bank in a stock and cash transaction. ESSI will operate the bank as a wholly owned subsidiary upon the closing of the transaction. Furthermore, the company will operate the financial banking division providing payment processing, cash management and financial services to its customers in the cannabis industry. "It has been our vision from day one that, in order to fully service…

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FridayMay 05, 2017 11:10 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses “State of the Company” in Interview on MoneyTV

Specialized holding company Singlepoint, Inc. (OTC: SING) is a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” To view the show, visit www.MoneyTV.net. In this week’s episode, Singlepoint CEO Greg Lambrecht discusses the ‘State of the Company’, giving prospective shareholders some additional insight into the forward plans of both SinglePoint and its SingleSeed subsidiary. “We’re continuing to stick to our plan – that is to raise funds, acquire companies and get more products that we can sell to dispensaries,” Lambrecht noted in the…

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WednesdayMay 03, 2017 10:21 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) Issues Update on Initiatives to Maximize Corporate Value

SinglePoint, Inc. (OTC: SING), a holding company specializing in the acquisition of small to mid-size companies with an emphasis on new technologies, this morning offered an update on its current and future initiatives aimed at maximizing corporate value and increasing shareholder communication. “This is an exciting time for SinglePoint,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We continue to increase value for our shareholders by focusing on acquisitions while strengthening inside sales and fund raising. We expect 2017 to be a great year for SinglePoint and look forward to providing additional updates on future acquisition targets, joint…

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TuesdayMay 02, 2017 2:45 pm

CannabisNewsBreaks – Player’s Network, Inc. (PNTV) Launches Marijuana Accelerator Division

Diversified holding company Player’s Network, Inc. (OTCQB: PNTV) today announced the launch of a new division called Marijuana Accelerator following its acquisition of Marijuana Incubator. The launch of Marijuana Accelerator is part of PNTV’s overall strategy to gain market share by developing a national footprint in the legal medical marijuana industry. “The marijuana industry is lacking much-needed accelerator and incubator-style mentoring organizations, and we are pleased to present our unique solution to meet this need,” Brett H. Pojunis, member of PNTV’s board of directors, stated in today’s news release. “There is a lot of excitement in this industry. It reminds…

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ThursdayApr 27, 2017 12:12 pm

CannabisNewsBreaks – SinglePoint, Inc.’s (SING) Unique Strategy Aims to Remove Risk While Expanding Portfolio

SinglePoint (OTC: SING) continues to pursue strategic opportunities to widen its foothold in the cannabis industry while hedging itself against potential risks regarding the legality of marijuana. “Focused on innovation, SinglePoint is expanding its portfolio in the cannabis markets with the strategic acquisition of companies that profit from the cannabis industry but don’t touch the plant itself. There’s little doubt that the marijuana market in the United States will continue to flourish and is poised for explosive upside growth. SinglePoint’s strategy positions the company to maximize profit from the marijuana markets yet virtually eliminate any downside risk exposure. The company’s…

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TuesdayApr 25, 2017 4:04 pm

CannabisNewsBreaks – Player’s Network, Inc. (PNTV) Issues Update on WeedTV.com, Plans to Launch Beta

In a recent letter to shareholders, Player's Network (OTCQB: PNTV) issued an update on its WeedTV.com platform. The platform has been internally tested and the company said it expects it to have a beta launch in the near future. WeedTV.com will enable any business in the medicinal marijuana industry to create a personalized media network online. In the letter, the company explains that revenue will be generated through licensing of the software that creates and controls each of these personalized media networks. To date, the company has received an estimated $450,000 in product sponsorships from companies who have signed with…

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TuesdayApr 25, 2017 1:28 pm

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Announces Engagement of CannabisNewsWire

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced its engagement of CannabisNewsWire (CNW) for corporate communications solutions. CNW is a multifaceted financial news and publishing company working to help public and private organizations find their voice and build market visibility by leveraging a rapidly expanding distribution network of more than 5,000 key syndication outlets. “We have an exciting pipeline of phytocannabinoid-based treatments based on our formulation for pain,” Ram Mukunda, CEO of IGC, stated in this morning’s news release. “As we move toward pre clinical and…

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MondayApr 10, 2017 10:01 am

CannabisNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Submits International Patent Applications for IGC-501

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has filed patent applications for IGC-501 in Canada, Israel and Europe in support of its ongoing cannabis-based combination therapy development initiatives. “We continue to strengthen our IP position in cannabis-based combination therapies and have progressed to include global patent filings,” Ram Mukunda, CEO of IGC, stated in the news release. “IGC is committed to addressing high potential international markets as a first mover in this emerging segment of cannabis-based combination therapy pharmaceuticals.” IGC-501 is being developed…

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MondayApr 10, 2017 9:16 am

CannabisNewsBreaks – Singlepoint, Inc. (SING) Comments on Proposed Congressional Legislation to Regulate Marijuana

In March, Congress introduced legislation to regulate and tax marijuana, and to remove it from the federal Controlled Substances Act. SinglePoint, Inc. (OTC: SING) CEO Greg Lambrecht recently commented on how the proposed legislation could affect the company. SinglePoint has seen much revenue potential in the realm of legal cannabis, and hopes measures will be taken to streamline federal and state oversight of the market. Its interests go beyond investing. The congressional push should also help boost the value of its SingleSeed (www.SingleSeed.com) payments solutions for businesses in the cannabis industry. ‘For the near term, the best way the administration…

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ThursdayApr 06, 2017 12:26 pm

CannabisNewsBreaks – Player’s Network, Inc. (PNTV) CEO Releases Letter to Shareholders

Diversified holding company Player's Network, Inc. (OTCQB: PNTV) today released a shareholder letter from CEO Mark Bradley discussing several of the company’s recent achievements, as well as its corporate outlook for the remainder of 2017. Among PNTV’s first quarter highlights, the company completed an uplisting to the OTCQB® Venture Market and paid down the majority of its outstanding debt. Through its Green Leaf Farms Holdings ("GLFH") subsidiary, of which PNTV owns an 86 percent stake, the company also received a Certificate of Occupancy from the City of North Las Vegas for the first phase of a planned 27,000-square-foot facility that…

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