Breaks Categories: News

MondayMar 19, 2018 9:47 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Explores Potential Cryptocurrency Mining Investments

Market analysis company ChineseInvestors.com (OTCQB: CIIX) this morning said that it is exploring investments into cryptocurrency mining in connection with its recent purchase of application specific integrated circuit (“ASIC”) machines used to mine SHA-256 or scrypt mining algorithms to earn cryptocurrencies such as Bitcoin and Litecoin. The company's initial trial comprised of the purchase of 20 BitMain L3+ Antminers and 7 BitMain S9 AntMiners that were installed inside a secured datacenter near Seattle. The company believes that this will be a successful venture based on initial reports from the trial and anticipates the possibility of considering additional investments in graphical…

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MondayMar 19, 2018 9:25 am

HempNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Inks Definitive Amalgamation Agreement to Acquire Late Stage ACMPR Applicant

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning said that along with its wholly-owned subsidiary, Arbutus Brands Inc., it has entered into a definitive amalgamation agreement with International Tungsten Inc. ("ITI"). Per the terms of the agreement, Arbutus Brands will merge with ITI and the combined company will remain a wholly-owned subsidiary of Choom operating under the name of Arbutus Brands. All issued and outstanding securities of ITI will be exchanged for securities of Choom. Additionally, ITI has entered into an agreement to acquire all of the issued and outstanding securities of an applicant…

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MondayMar 19, 2018 9:03 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Named to the CSE25 Index

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) this morning announced that, effective March 16, 2018, the company has been named to the CSE25 Index, a composite of the 25 largest companies, as measured by market capitalization, listed on the Canadian Securities Exchange. “With an impressive pipeline of bio-cannabis products, a strong intellectual property portfolio of formulation and delivery technologies, and the expected addition of ACMPR licensed Agro-Biotech, we are proud to be recognized as leaders on the Canadian Securities Exchange through our inclusion in the CSE25 Index,” Dr. Patrick Frankham, CEO of Pivot, stated in the news…

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FridayMar 16, 2018 9:59 am

HempNewsBreaks – Medical Cannabis Payment Solutions (REFG) Launches Banking and Financial Processing System

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced the launch of its banking and financial processing system, making its services available to the complete legal cannabis industry worldwide. State licensed marijuana establishments may sign up through the company’s website. The company’s advanced payment solution, Green, currently allows consumers to buy items using US currency and will soon allow Bitcoin. “As we’ve stated in previous announcements, we continue to believe our best-in-class security, regulatory compliance and pricing give us a huge competitive advantage,” Medical Cannabis Payment Solutions CEO Jeremy Roberts stated in the news release. To…

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FridayMar 16, 2018 9:58 am

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Incorporates Australian Subsidiary

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced the incorporation of its first Australian wholly owned subsidiary, PreveCeutical (Australia) Pty Ltd. Per the update, the company’s decision to incorporate a subsidiary in Australia was influenced by the nation’s strong foundation of academic and clinical research, as well as the government’s commitment to supporting innovation through a range of programs and incentives. “Establishing a business presence in Australia will allow PreveCeutical to better access expertise and partnerships for its drug development programs,” Dr. Maher Khaled, PreveCeutical’s director of international operations, stated in the news…

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FridayMar 16, 2018 9:29 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Announces Resignation of Ken Clement

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a pharmaceutical-grade cannabis company with production and sales licenses from Health Canada, this morning announced that its founder and director, Ken Clement, has resigned from its board of directors. “On behalf of the Board, we thank Ken for his vision in starting the company and growing it from a start-up organization into a well-funded publicly-traded licensed producer with a bright future,” Paul Lucas, chairman of ABcann, stated in the news release. “We wish Ken well in his future endeavours.” To view the full press release, visit http://cnw.fm/riDc3 About ABcann Global Corp. ABcann holds…

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FridayMar 16, 2018 9:27 am

HempNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Roth Capital Conference on MoneyTV

Specialized holding company SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht discussed the company’s recent appearance at the Roth Capital Conference in Orange County, California. Lambrecht noted that the company experienced investor interest during the conference regarding its recently announced effort to create the cannabis industry’s first waste diversion program. “That’s really a first mover on our part, and of course, we’ve hired experts in that field to put…

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ThursdayMar 15, 2018 10:01 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Records Over $2M in February Sales Revenue

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it generated over $2 million in sales for the month of February, greatly exceeding last year’s total of $472,000 for the same interval. This figure was bolstered by the company’s presence at the 37th CHAMPS Trade Show, which took place on February 19-21. Per the release, Diamond CBD received interest from over 250 new wholesale distributors at the conference, recording $270,000 in sales in just three days. This sustained revenue growth has caught the attention of multiple equity research firms. Harbinger Research (http://cnw.fm/zMPQ4) initiated coverage…

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ThursdayMar 15, 2018 9:53 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Soft Launches MTRAC Banking Solution for the Cannabis Industry

Global Payout (OTC: GOHE) this morning announced that its wholly owned subsidiary, MoneyTrac Technology, Inc., has begun the soft launch of MTRAC. MTRAC is a full-service banking solution driven by software technology features that MoneyTrac acquired through its joint venture with GreenBox. The advanced E-Wallet cash loading machine is backed by blockchain technology that MoneyTrac will leverage to bring to market an intuitive system that offers consumers and retailers in the cannabis industry an alternative to cash payment transactions. "MTRAC is the culmination of months of work and collaboration between GreenBox and MoneyTrac, and we are excited to begin the…

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TuesdayMar 13, 2018 10:57 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Positive Results from Skin Absorption Study

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning said that it has completed the first study evaluating DehydraTECH™ used in a topical cream formulation for absorption of cannabidiol ("CBD") through human skin. Compared to control formulations, significant increases in the speed and quantity of CBD absorption through skin were proven in the study. Several factors were measured during the study at multiple testing intervals over a 48-hour duration, including the time required to detect CBD skin penetration and quantity as well as the peak amounts of CBD absorbed.  Lexaria's DehydraTECH-enabled topical formulation without the addition of either of the commercial…

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