Breaks Categories: News

WednesdayMay 09, 2018 9:21 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Exercises C$17.3M Over-Allotment Option Following IPO

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced that it has issued an additional 4,726,500 units at C$3.65 per over-allotment unit, raising additional aggregate gross proceeds of C$17,251,725. After taking into account this over-allotment option, TGOD will have raised aggregate proceeds of more than C$132.2 million through its recently completed IPO by issuing an aggregate of 36,236,500 units of the company. “We are extremely pleased with the markets’ support of our IPO, which is the largest to date on the TSX in the cannabis space,” Robert Anderson, co-chairman and CEO of TGOD,…

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TuesdayMay 08, 2018 11:04 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Announces MoneyTrac Technology’s Planned Attendance at MJBizConNEXT

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that MoneyTrac Technology, Inc. (“MTRAC”), a company in which GOHE currently holds an 18 percent ownership stake, said that key MTRAC sales and marketing team members will present at the MJBizConNEXT conference taking place in New Orleans on May 9-11, 2018. Anticipated attendees of the event include business executives, cultivators, extractors, and technology leaders in the cannabis industry. MoneyTrac intends to leverage its attendance at the event to further awareness of its MTRAC payment platform, one of the first fully compliant solutions to successfully remove cash from cannabis transactions.…

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MondayMay 07, 2018 10:37 am

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks NDA with Global Drug Delivery Device Manufacturer

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed a non-disclosure agreement ("NDA") with an internationally known drug delivery device manufacturer. The NDA permits PreveCeutical to have discussions with the manufacturer regarding the supply of spray devices for use in the company's soluble gel ("Sol‑gel") drug delivery research program. The company’s research partner, the University of Queensland, has received various prototype spray devices from the manufacturer at the Pharmacy Australia Centre of Excellence, where testing of the devices for the program is taking place. "We are pleased to have signed an…

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MondayMay 07, 2018 10:05 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Enters LOI to Acquire Assets of XBTeller.com

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced its entry into a letter of intent to acquire the assets of XBTeller.com, a leading Colorado cryptocurrency ATM and over the counter operation. XBTeller.com currently has nine ATM locations throughout Colorado and is currently reporting approximately $500,000 in unaudited monthly revenues. “The acquisition of XBTeller.com provides ChineseInvestors.com, Inc. the opportunity to expand its current cryptocurrency and blockchain business to include a retail facing service,” Paul Dickman, CFO of CIIX, stated in the news release. “The combined synergy of the media and internet education services, the mining, and the ATM/OTC…

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MondayMay 07, 2018 9:30 am

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Builds Strong Executive Leadership Team

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) this morning announced that it has added several new team members. The new executives include Brian Athaide as CFO, Anna Stewart as General Counsel, Mike Gibbons as VP of Sales, Andrew Pollock as VP of Marketing, John Wren as VP of Operations and Andy Corcoran as Regional Sales Manager for Ontario and Western Canada. “We are very proud to introduce these new additions to the TGOD team. These individuals bring a vast amount of experience and proven success in their respective fields. TGOD’s ability to attract this…

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FridayMay 04, 2018 10:58 am

HempNewsBreaks – Emerald Health Therapeutics (TSXV: EMH) (OTCQX: EMHTF) (Frankfurt: TBD) Acquires ACMPR Licensed Cannabis Producer

Emerald Health Therapeutics (TSXV: EMH) (OTCQX: EMHTF) (Frankfurt: TBD) recently announced that it has acquired all issued and outstanding securities of Saint-Eustache, Québec-based 8611165 Canada Inc., an Access to Cannabis for Medical Purposes Regulations (“ACMPR”) licensed producer and its affiliate 9353-8460 Québec Inc. (together, “Agro-Biotech”). Per the terms of the acquisition, Emerald will pay a total purchase price of $90 million to the shareholders of Agro-Biotech, half of which will be paid in cash with the remaining half to be paid in shares. Half of the cash consideration was paid upon closing and the balance will be payable on May…

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FridayMay 04, 2018 9:22 am

HempNewsBreaks – Marijuana Company of America, Inc. (MCOA) Announces hempSMART™ Brand’s Engagement of Verve Integrative

Marijuana Company of America (OTC: MCOA), an innovative hemp and cannabis corporation, this morning announced that H Smart, Inc., a wholly-owned subsidiary of the company, has engaged Kim Castle of Verve Integrative to produce a market strategy and manage a direct response television (“DRTV”) ad campaign to promote its hempSMART™ product line. The company intends to air the resulting television commercial for the hempSMART™ Pet Drops on cable networks in select regions nationally this summer. The company’s budget for the DRTV program is approximately $100,000. MCOA believes that, together with its recently announced EPCO direct sales marketing campaign, the DRTV…

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ThursdayMay 03, 2018 11:50 am

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Obtains Additional Permits from Australian Government for Cannabis Importation

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has been granted two additional permits by the Australian Government, Department of Health, for the importation of a second shipment of cannabis plant materials for research purposes and the shipment of dried cannabis materials in accordance with the permits. The permits, which have been granted to the Pharmacy Australia Centre of Excellence (“PACE”) at the University of Queensland, enable PACE to import cannabis plant material shipments for research purposes. The company’s Canadian licensed producer partner also obtained the mandatory Canadian permits to export their…

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ThursdayMay 03, 2018 11:22 am

HempNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Close of Island Green Cure Acquisition

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has closed its acquisition of Island Green Cure Ltd. (“IGC”), an advanced-stage cannabis production license applicant under Health Canada’s Access to Cannabis for Medical Purposes Regulations. Pursuant to the closing, Choom will issue eight million common shares to the shareholders of IGC and 500,000 common shares to a finder. In a January news release detailing the IGC acquisition, Chris Bogart, president and CEO of Choom, stated, “Upon completion of the tenant improvements, [Island Green Cure Ltd.] will submit its evidence package to Health…

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ThursdayMay 03, 2018 11:06 am

HempNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Chooses Okanagan Falls Property for Canadian Facility

Vertically integrated medical cannabis company Sunniva (CSE: SNN) (OTCQX: SNNVF) this morning announced that after reviewing several options, it has chosen a 126 acre Okanagan Falls, British Columbia site to build its Canadian facility. Sunniva Medical Inc., a wholly-owned subsidiary of the company, has entered into a purchase and sale agreement to obtain the entire 126-acre industrial zoned property for $7 million. Closing of the acquisition is conditional to certain due diligence items and other conditions customary in transactions of this nature, although the company’s preliminary due diligence review of the property has been completed. Close of the transaction is…

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