Breaks Categories: News

TuesdayFeb 27, 2018 10:52 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary CEO Comments on Crypto Cowboy, Sun Pacific Holding Corp. (SNPW) Agreement

Global Payout, Inc. (OTC: GOHE) this morning announced that Crypto Cowboy, LLC, of which the company’s wholly owned subsidiary MoneyTrac Technology, Inc. ("MTRAC") has a 5% stake, has entered into an agreement with Sun Pacific Holding Corp (OTC: SNPW) to collaborate together to build, develop, and manage a private exchange for coin-based tokens. The companies also intend to launch Crypto Cowboys' first private initial coin offering ("ICO") backed by Sun Pacific's Sun Green Coin. "This agreement between Crypto Cowboy and Sun Pacific is an incredible example of the impact and influence blockchain technology is just beginning to demonstrate across a…

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TuesdayFeb 27, 2018 10:22 am

HempNewsBreaks – EVIO, Inc. (EVIO) Releases Letter to Shareholders

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning issued a letter to shareholders detailing its recent corporate milestones, fiscal results and projections, financing efforts and key management additions. “It is an exciting time to be involved in the cannabis industry, which is expected to double in size again by 2021 as more states look to legalize both medical and recreational cannabis use,” the letter reads. “Despite the risks inherent in any evolving marketplace, and despite the political uncertainty with respect to marijuana’s legal…

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TuesdayFeb 27, 2018 10:16 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Surpasses Million Dollar Mark, Achieves 300% YOY Sales Growth in February

PotNetwork Holding (OTC: POTN) this morning said that its wholly-owned subsidiary, Diamond CBD, Inc., exceeded $1 million dollars in sales during the first 15 days of February. Compared to the same period of last year, Diamond CBD’s sales have increased by 300%. In the past year, the subsidiary has brought to market over 15 recognizable CBD brands including products such as CBD oils, edible gummies and vape pens. Diamond CBD has recently unveiled its new product line targeting the nutritional supplements sector of the market with Meds BioTech. “Our objective throughout 2018 is consistent, solid and substantial growth. We are…

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TuesdayFeb 27, 2018 9:51 am

HempNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Stake in MTH Development Group

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced its entry into a Letter of Intent to acquire a $1 million stake in California cannabis cultivation firm MTH Development Group, further establishing its footprint in the Californian cannabis market. Per the update, this acquisition will be the first of its kind for SinglePoint, because MTH operates 4.7 acres of land zoned for cannabis cultivation. SinglePoint is currently in negotiations to complete similar investments in other states. “We are excited for this opportunity. Having been to the operation and seeing their proprietary cultivation procedures we feel this is a great…

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TuesdayFeb 27, 2018 9:11 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Announces Licensing Agreement with Biolog, Inc.

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced its entry into a definitive technology licensing agreement with Los Angeles-based, privately-held Biolog, Inc. Under the terms of this agreement, Lexaria will provide its patented DehydraTECH™ technology in an effort to empower a unique set of next-generation food and beverage cannabis infusion products to be sold in the United States. “The versatility of Lexaria's DehydraTECH™ technology is witnessed through its adoption to deliver vitamins in a nationally-available consumer product, or cannabinoids in many U.S. states,” Chris…

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MondayFeb 26, 2018 10:15 am

HempNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Appoints Director of International Operations

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its appointment of Dr. Maher Khaled to the position of director of international operations. Khaled bolsters the PreveCeutical team with more than a decade of experience in commercializing therapeutic and diagnostic technologies, most recently at UniQuest Pty Ltd. Moving forward, he will be involved in overseeing PreveCeutical’s development of therapeutic technologies, as well as managing the company’s ongoing operations in Australia, reviewing acquisition and licensing opportunities and leading commercialization efforts for its growing IP portfolio. “We are delighted to have Dr. Khaled as part of…

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MondayFeb 26, 2018 9:29 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters Global Licensing Agreement with Neutrisci International Inc. (TSX-V: NU) (OTCQB: NRXCF)

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning said it has entered an agreement with NeutriSci International Inc. (TSX-V: NU) (OTCQB: NRXCF) resulting in NeutriSci now having 100% ownership of Ambarii Trade Corporation. Lexaria has also granted to NeutriSci an Intellectual Property License and Supply Agreement for the manufacturing and sale of CBD based products. Per the License Agreement, NeutriSci will remain focused on the development and sales of its existing and pipeline products that include Lexaria's technology for enhancing palatability and bioavailability of beneficial non-psychoactive cannabinoids. Lexaria will receive continuing royalty revenues from the sales generated by these products.…

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MondayFeb 26, 2018 9:09 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Records More than $270,000 in Sales at CHAMPS Trade Show

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it recorded over $270,000 in sales at the 37th CHAMPS Trade Show, which took place at the Las Vegas Convention Center from February 19-21, 2018. Diamond CBD continued to build on its highly successful history of sales at such events at the CHAMPS winter show, its first major trade show of 2018. Per the update, the company’s performance at the show surpassed past records of trade show sales for its CBD product line. “Without a mistake, Diamond CBD is off to a great start in…

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FridayFeb 23, 2018 11:09 am

HempNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Recent LOI, Acquisition Strategy in Interview 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 recently announced Letter of Intent (“LOI”) with ORHub, Inc. (OTC: ORHB) to develop a blockchain services platform for health care applications. Per the agreement, ORhub will engage SinglePoint for up to $750,000 in initial development costs. Lambrecht also updated viewers on the company’s plans for 2018, including its aggressive acquisition strategy moving forward. Per the…

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FridayFeb 23, 2018 10:29 am

HempNewsBreaks – Veritas Pharma Inc. (CSE: VRT) (OTC: VRTHF) (FRT: 2VP) Signs Agreement to Acquire Sechelt Organic Marijuana Corp.

Veritas Pharma (CSE: VRT) (OTC: VRTHF) (FRT: 2VP), a pharmaceutical and IP development firm, this morning announced that it has signed an agreement with 906474 ALBERTA LTD (“the vender”), to purchase 100% ownership of Sechelt Organic Marijuana Corp (“SOM”). Under the agreement, Veritas Pharma will purchase all outstanding shares of SOM at a price of $800,000, subject to provisions of the closing agreement. The agreement requires the vender and SOM to give Veritas Pharma unlimited access to the operations, assets, properties, and records of SOM to help it familiarize with the operations, assets, records, properties and other matters on continuous…

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