Breaks Categories: News

TuesdayMar 06, 2018 10:01 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Business Update

ABcann Global (TSX.V: ABCN) (OTCQB: ABCCF) this morning released an update regarding the company’s recent achievements and plans moving forward. Per the update, the company intends to use its recent financing of $75 million, which brought the company’s cash to over $135 million, to accelerate its growth through a disciplined capital allocation process. Abcann intends to expand its production capacity, focus on branding and product innovation, expand its Harvest Medicine platform to new locations and develop strategic partnerships in the industry. “Over the past five months we have enhanced our leadership team, strengthened our balance sheet, improved operational effectiveness and…

Continue Reading

TuesdayMar 06, 2018 9:42 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Co-Sponsors Charity Event in Southeast Asia

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it has co-sponsored the first in a series of planned charity events in Southeast Asia. “Yesterday, we had just announced this exciting partnership with Exponential, Inc.,” Richard Goulding, CEO of PotNetwork Holding, stated in the news release. “Today, we are signaling the immense global scope of this initiative that will help to seat Diamond CBD as a true global brand, while building incremental sales.” Per the update, the charity event will benefit more than a hundred at-risk youth and children living in a poor neighborhood…

Continue Reading

MondayMar 05, 2018 9:24 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) Successfully Completes C$5M Private Placement of Convertible Debentures

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) this morning announced the closing of its private placement of convertible debentures for gross proceeds totaling C$5 million. The company issued a total of C$5 million of 10% senior secured convertible debentures which will mature 12 months after the date of their issuance and will be convertible at the option of the holder for a period of 12 months into common shares of the company at a conversion price of C$1.74 per common share, subject to adjustment of the conversion price in certain events. Additionally, Origin Merchant Securities Inc. received a finder’s fee of…

Continue Reading

MondayMar 05, 2018 9:19 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Extends Marketing Reach through Exclusive Agreement with Exponential, Inc.

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its entry into an exclusive agreement with affinity marketing company Exponential, Inc. (“XPO2”), a cause-related technology marketing firm that develops white-label e-commerce platforms serving charities, clubs and non-profit organizations globally. As the exclusive XPO2 CBD product supplier, Diamond CBD is expected to provide all 18 of its top quality CBD brands to XPO2’s extensive network of hundreds of major participating online merchants, including Best Buy, Walmart, Groupon, Macy’s, Skechers, Nike, Staples and other industry leaders. “This new commercial partnership with XPO2 represents a major milestone for…

Continue Reading

FridayMar 02, 2018 9:44 am

HempNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Recent LOI to Acquire Stake in MTH Development Group 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 move to acquire a $1 million stake in California cannabis cultivation firm MTH Development Group. The move is the first of its kind for SinglePoint because MTH runs 4.7 acres of land zoned for cannabis cultivation. The acquisition also strengthens the company's footprint in the booming Californian cannabis market. Additionally, SinglePoint is exploring the…

Continue Reading

FridayMar 02, 2018 9:27 am

HempNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Receives Processing Approval from Depository Trust Company

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has received processing approval from The Depository Trust Company (“DTC”) of New York and, as a result, is now DTC eligible. The DTC is a subsidiary of the Depository Trust & Clearing Corporation that manages electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through DTC enjoy expedited receipt of stock and cash, which translates to an accelerated settlement process for investors. Per the update, being DTC eligible is expected to greatly simplify the…

Continue Reading

ThursdayMar 01, 2018 10:48 am

HempNewsBreaks – Epazz, Inc.’s (EPAZ) ZenaPay Bitcoin Ethereum Wallet App Surpasses 25,000 Downloads

Epazz, Inc. (OTC: EPAZ), a leading provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, this morning announced that its ZenaPay Bitcoin Ethereum wallet has been downloaded more than 25,000 times since its launch on the Google Play Store on December 31, 2017. Per the update, the company now has the data it needs to understand the user acquisition cost and time period required to reach a million active users, which is a significant milestone in the monetization of mobile apps. This data will also likely play a key role in Epazz’s efforts to expand the marketability of…

Continue Reading

ThursdayMar 01, 2018 10:08 am

HempNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Subsidiary Inks Deal with Cannabis Compliance Inc.

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) president and CEO Will Rascan this morning announced that the company’s wholly-owned subsidiary, North Road Ventures, has signed an agreement with Cannabis Compliance Inc. ("CCI"). Per the terms of the agreement, CCI will be responsible for assuring the Good Manufacturing Practice (“GMP”)-compliant processing and production of North Road's products containing cannabis. GMP requirements ensure that the products manufactured are safe and of consistently high quality for their intended use. "This opens the door for North Road to obtain industry certification and regulatory authorization and/or licensing, as needed. It facilitates the…

Continue Reading

ThursdayMar 01, 2018 9:52 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Expands PotSaver Brand Outside of Cannabis Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced plans to widen the scope of its PotSaver brand to include businesses outside of the cannabis industry in an effort to support the local enterprises that they serve. MTRAC further announced plans to expand its sales force in order to tackle this newly-expanded client base. “PotSaver was initially established to connect consumers throughout the cannabis industry with value-driven deals on the many different products they purchase for both recreational and medicinal purposes,” Vanessa Luna, CEO of MTRAC, stated in the news release.…

Continue Reading

ThursdayMar 01, 2018 9:18 am

HempNewsBreaks – Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF) Subsidiary Completes Pre-Sales Inspection at West Kelowna

Canada’s first vertically-integrated cannabis brand house, Hiku Brands Company Ltd. (CSE: HIKU) (OTC: DJACF), through its DOJA Cannabis Ltd. subsidiary, this morning announced that it has completed Health Canada’s pre-sales license inspection of its West Kelowna facility. Per the update, Health Canada inspectors were onsite at the West Kelowna project throughout a three-day period ended on February 15, 2018, in an effort to verify the information submitted by DOJA as part of its application and assess the company’s compliance with applicable sections of the Access to Cannabis for Medical Purposes Regulations. This milestone is particularly noteworthy as it coincides with…

Continue Reading