Breaks Categories: News

TuesdayApr 03, 2018 10:25 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

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TuesdayApr 03, 2018 10:20 am

HempNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://cnw.fm/Tc2kN About SinglePoint, Inc. SinglePoint, Inc.…

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TuesdayApr 03, 2018 9:47 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

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MondayApr 02, 2018 9:35 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsoring Community-Facing Events in Kenya

PotNetwork Holding, Inc. (OTC: POTN), through wholly owned subsidiary Diamond CBD, Inc., this morning announced plans to kick off its African business development strategy by co-sponsoring, in tandem with affinity marketing partner Exponential Inc. (“XPO2”), a series of community-facing events in Kenya. Per the update, from April 17-27, Diamond CBD plans to contribute material support and resources toward community action projects taking place across the African nation. These projects include a reforestation effort in the Ngongs Hills, direct service endeavors at nonprofit organizations around Nairobi and a host of other charitable events near Mt. Kenya and other locations. These activities…

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ThursdayMar 29, 2018 10:09 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Sets Launch Date for MTRAC Blockchain Payment Platform

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that on April 4th, 2018, its MoneyTrac Technology, Inc. subsidiary will be launching MTRAC, a full-service banking solution powered by GreenBox blockchain technology. As traditional banking services continue to be largely unavailable to businesses operating in the legal cannabis industry, MTRAC is able to deliver these services in addition to its distributed ledger technology that tracks and records each transaction. The official launch of MTRAC will enable businesses in the industry to process payments for their consumers, as well as send payments to their vendors, employees, and other business…

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ThursdayMar 29, 2018 10:05 am

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Arrival of First Cannabis Shipment at University of Queensland

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the arrival of the first shipment of dried cannabis flower and oils from Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) at the University of Queensland’s Pharmacy Australia Centre of Excellence. Per the news release, testing of the imported cannabis strains in the application of PreveCeutical’s Sol-gel drug delivery technology is now expected to commence. The impending Sol-gel program aims to develop a system that will increase the bioavailability of drugs through the use of an innovative nose-to-brain delivery platform. The company notes that Sol-gels could…

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ThursdayMar 29, 2018 9:45 am

HempNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Retires Ten Million Common Shares

Medical Innovation Holdings (OTC: MIHI) this morning said that it has reached an agreement with two of the company's largest shareholders to retire 10 million common shares. The company’s issued and outstanding shares count was 40,912,082 common shares as of the last filing on March 19, 2018. This will be reduced to 30,912,082 common shares issued and outstanding, marking a 24.4% reduction in the number of outstanding common shares. MIHI is aiming to improve its balance sheet in an effort to attain financing for operations, acquisitions, and deployment of its virtual health telemedicine platform to rural primary care clinics and…

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ThursdayMar 29, 2018 9:40 am

HempNewsBreaks – SinglePoint, Inc. (SING) Introduces LastMile Delivery App

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the first app launched through its joint venture with AppSwarm, Inc. (OTC: SWRM) – LastMile Delivery. Per the update, the new app is designed to give small businesses and cannabis delivery companies a solution to efficiently manage deliveries, with the software serving as an agnostic platform allowing delivery businesses to accept orders, locate drivers and keep comprehensive records of each delivery. LastMile Delivery is currently under review, and it is expected to be approved for beta testing in app stores soon. Following official acceptance into app stores, the companies will…

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WednesdayMar 28, 2018 10:05 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Posts Corporate Video Highlighting Consumer Response to CBD Products

PotNetwork Holding (OTC: POTN), through its wholly-owned subsidiary Diamond CBD Inc., this morning announced the release of a new B2C corporate video. The video shines a light on how consumers are interacting with the brand’s CBD oil extract products. Diamond CBD boasts 15 recognizable CBD brands that are marketed at thousands of retail stores across the United States. The potential health and wellness applications of CBD oil products are becoming increasingly validated by medical organizations. In addition to its products targeting the health and wellness market, Diamond CBD recently launched its MediPets product line, which offers 100% natural and organic…

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WednesdayMar 28, 2018 9:41 am

HempNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters LOI to Acquire Flower Power Cannabis Pharms Inc.

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a letter of intent to acquire Flower Power Cannabis Pharms Inc., a retail brand experience cannabis company, as well as its wholly-owned subsidiary, High Way 10 Cannabis Pharms Inc. Per the update, High Way 10, located in southern Saskatchewan, is currently in the active review stage of Health Canada’s application process under the ACMPR, and its initial 16,000 sq. ft. facility is capable of producing roughly 1,500 kg of dried cannabis per annum. “We are very pleased Choom™ has increased its total…

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