Breaks Categories: News

MondayJul 02, 2018 9:24 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Names New CEO, Interim CFO

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTC: TGODF) this morning announced the resignation of CEO, Co-Chairman & Director, Robert Anderson, effective immediately, due to health concerns. The board has appointed the company’s current CFO, Brian Athaide, as CEO to ensure a well-ordered transition and continued execution of the company’s business strategy. The board appointed VP of Finance, Julia Golubovskaya, as interim CFO. Jeff Scott, presently actitng as Co-Chair, will undertake the role of Chairman of the Board. “I feel privileged to take on this new role as CEO and ensure the company delivers on…

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FridayJun 29, 2018 12:40 pm

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Closes Oversubscribed Private Placement

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the closing of its oversubscribed non-brokered private placement financing, which was previously detailed on April 9, 2018. Per the update, a total of 130,779,750 units were issued under the financing at a price of $0.05 per unit for total gross proceeds of more than $6.5 million. “I am very pleased to announce this oversubscribed placement due to investor demand in our financing and see this as a strong endorsement of the quality of our research programs and management team,” Stephen Van Deventer, chairman, CEO and…

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FridayJun 29, 2018 9:54 am

HempNewsBreaks – Earth Science Tech, Inc. (ETST) Adds Three New Products to Full Spectrum CBD Chocolate Line

Innovative biotech company Earth Science Tech (OTC: ETST) this morning announced that it is expanding its full spectrum cannabinoid (“CBD”) chocolate line with three unique new products formulated with the company’s joint venture partner, Karmavore Superfoods. The new products, Raw Dark Chocolate Covered Mangoes, Raw Dark Chocolate Coconut Peppermint Cups, and Raw Dark Chocolate Caramelized Quinoa Crunch, bring the company’s total to five unique CBD Raw Chocolate flavors. Production of the new products is currently underway and ETST anticipates a successful launching within the third quarter of 2018. “Our joint venture with Karmavore Superfoods has been a true blessing. Brian…

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FridayJun 29, 2018 9:33 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Adds Prem Virmani as Chair of Beverage Science and Research Division

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that Prem Virmani, former senior vice president of global science and research for Cott Beverages, Inc., has been appointed Chair of TGOD’s Beverage Science and Research Division. Per the update, Virmani has over four decades of applicable industry experience, leading development in every major category, including the Sam’s Choice cola program for Walmart, the President’s Choice cola program for Loblaws and other major private label brands for Publix, Wegmans and Safeway. “I am delighted that Prem has joined the TGOD Leadership team,”…

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FridayJun 29, 2018 9:27 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files New Patent Application Following Breakthrough Discovery of Enhanced Drug Delivery to Brain Tissue

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that it has filed a new patent application with the United States Patent and Trademark Office ("USPTO") for innovation in treatment options related to central nervous system disease or disorders including viral infection, cancer, neurodegenerative disorders, ADHD, anxiety, depression, OCD, schizophrenia, Alzheimer's, Huntington's, Parkinson's, neuropathic pain and more. The company reached a breakthrough discovery during recent laboratory testing that demonstrated significantly enhanced drug delivery to brain tissue. Evidence from the study showed unexpected effectiveness in crossing the blood-brain barrier ("BBB") which Lexaria is investigating more extensively, leading to the company's…

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ThursdayJun 28, 2018 10:06 am

HempNewsBreaks – EVIO, Inc. (EVIO) Forms Strategic Alliance, Enters Asset Purchase Agreement with MRX Labs LLC

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced that it has entered into an asset purchase agreement and formed a strategic alliance with MRX Labs, LLC, an Oregon-based, award-winning testing lab. The companies intend to leverage their respective strengths to develop and expand growth throughout new and existing markets. Per the agreement, EVIO will purchase 100% of the assets of MRX Labs, LLC including equipment, real estate, customer lists, customer contracts, rental agreements, and equipment leases. EVIO Labs Portland will relocate its personnel and license to the…

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ThursdayJun 28, 2018 9:25 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Launches MTrac App

Global Payout, Inc. (OTC: GOHE) this morning announced that its wholly owned subsidiary, MTRAC Tech Corp. (“MTRAC”), has officially launched the MTrac App. Powered by GreenBox POS, LLC (OTCQB: GRBX) technology, the app is now available for download in both the Apple and Android marketplaces. The MTrac app enables consumers to access and load an eWallet with credit or debit cards directly to the app. “Cash and high fees or cost of business remains at the core of challenges that so many merchants operating in a variety of different high-risk retail sectors face on a daily basis,” MTRAC CEO Vanessa…

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WednesdayJun 27, 2018 10:50 am

HempNewsBreaks – Earth Science Tech, Inc. (ETST) Partners with AATAC to Expand Retail Reach

Innovative biotech company Earth Science Tech (OTC: ETST) this morning announced that is has signed an agreement to work collectively with AATAC to present the “ETST” product line to its vast network of retail outlets throughout the U.S. Per the agreement, AATAC will be introducing the company’s High Grade Full Spectrum Cannabinoids line within its massive reach of approximately 90,000 retail outlets. “We had some delays finding a new reliable source and manufacturing plant but, it was worth the wait. We found a new manufacture with a better turnaround time and a source with a consistent true full spectrum having…

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WednesdayJun 27, 2018 10:03 am

HempNewsBreaks – NUGL Inc. (NUGL) Launches Application on iTunes and Google Play Stores

NUGL Inc. (OTC: NUGL) this morning announced the release of its Apple and Android apps in Google Play and iTunes Stores. Constructed as a web application, NUGL is a software application with metasearch technology that functions like an app on any device and serves as both a networking platform for companies in the cannabis industry and as a directory that enables users to search profiles. The database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands. “Our web app is 100 percent responsive to any device and performs just as an app would on…

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WednesdayJun 27, 2018 9:37 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters European Market through JV Agreement in Denmark

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a letter of intent for a 50/50 joint venture with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen”), which is based in Hinnerup, Denmark. Per the update, the joint venture will initially consist of a 200,000 sq. ft. cannabis production facility located within Knud Jepsen’s 1.3 million sq. ft. state-of-the-art automated greenhouses in Denmark. Through this facility, TGOD will have an opportunity to increase its total organic funded capacity by roughly 25,000 kg. “We are very excited about entering the European…

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