Breaks Categories: News

TuesdayFeb 13, 2018 9:21 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 9:53 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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MondayFeb 12, 2018 9:21 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases Unaudited Financial Statements for FY2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced the release of its unaudited financial statements for fiscal year 2017. Owing to the rapid growth of its wholly-owned Diamond CBD, Inc. subsidiary, PotNetwork achieved revenues of $14.5 million in calendar 2017. Per the update, this trend of strong sales has continued into 2018, and the company intends to report its January sales figures by mid-February. PotNetwork also provided an update regarding its ongoing PCAOB audit in this morning’s news release. Due to factors beyond the company’s control, the audit has taken longer than originally projected. In an effort to combat these…

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ThursdayFeb 08, 2018 11:38 am

HempNewsBreaks – SinglePoint, Inc. (SING) President Featured in Article Discussing Treasury Secretary’s Recent Cannabis Banking Comments

SinglePoint, Inc. (OTCQB: SING) President Wil Ralston was featured in an article posted earlier this week by Green Market Report examining Treasury Secretary Steve Mnuchin’s recent comments regarding the bankability of the cannabis industry. In an appearance before the House Financial Services Committee related to the Financial Stability Oversight Council’s (FSOC) annual report, Mnuchin stated, “We do want to find a solution to make sure that businesses that have large access to cash have a way to get them into a depository institution for it to be safe.” In response to this comment, Ralston stated, “This is a great step…

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ThursdayFeb 08, 2018 11:07 am

HempNewsBreaks – Earth Science Tech, Inc. (ETST) Unveils Launch Date for Revamped Industrial Hemp CBD Products

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) this morning announced the launch of its revamped industrial hemp cannabidiol (“CBD”) products. Per the update, the company’s highly anticipated High Grade Full Spectrum Cannabinoids – composed of European CO2, supercritical extracted, organically grown and unfiltered industrial hemp – will officially launch on February 13, 2018, alongside a corresponding marketing strategy, as detailed in early December 2017. Upon release of this product line, ETST will become one of the first companies to market its industrial hemp product as a Cannabinoid Complex instead of CBD, disclosing the milligrams of each cannabinoid. “Between…

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ThursdayFeb 08, 2018 10:21 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Pursuing Launch of Cannabis-Focused Cryptocurrency

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it is completing the final steps and required due diligence for the impending launch of a Regulation D, Rule 506(c) security offering centered around the company’s MTRAC-Token. MTRAC anticipates leveraging this new token as a critical resource for providing banking services throughout the emerging multi-billion dollar cannabis industry. Per the update, the cannabis-focused cryptocurrency is currently on pace to launch by the end of the first quarter of 2018. “The MTRAC-Token is something that I truly believe will be first of…

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WednesdayFeb 07, 2018 12:31 pm

HempNewsBreaks – EVIO, Inc. (EVIO) Announces ISO 17025 Accreditation for Florida Licensee

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 announced that its Florida licensee, Kaycha Holdings LLC (dba EVIO Labs Florida), has attained ISO 17025 accreditation, establishing it as the first accredited cannabis testing lab in the state. Per the update, ISO 17025 is the highest recognized quality standard in the world for calibration and testing laboratories. “As the first Florida Cannabis Testing lab that has achieved ISO 17025 accreditation, EVIO Labs Florida continues to set the bar for testing in the state,” Christopher…

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TuesdayFeb 06, 2018 10:23 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Sales Partnership Agreement with Eyeconic.tv

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has executed a sales partnership and commission agreement with award-winning retail technology company Eyeconic.tv, operator of the Eyechronic cannabis media network that has successfully partnered with almost 300 medical and retail dispensaries throughout the U.S. Per the terms of the agreement, MTRAC will effectively incorporate Eyeconic.tv’s retail technology products and in-store media services in an effort to better reach customers of the multibillion dollar cannabis industry. “Establishing this sales partnership with Eyeconic.tv is an incredibly effective way to deliver more…

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TuesdayFeb 06, 2018 9:32 am

HempNewsBreaks – SinglePoint, Inc. (SING) Uplists to OTCQB Venture Market

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced that it is now trading on the OTCQB Venture Market, which requires a higher level of transparency and helps provide increased investor confidence through continued verification of information. “We are extremely pleased to be approved for OTCQB. It is a great step for SinglePoint as we continue to grow and build our footprint,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “Increased transparency and credibility will help broaden our shareholder base and provide additional exposure to the institutional investor community, ultimately contributing to increasing shareholder value.” Per the…

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MondayFeb 05, 2018 11:19 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Adds Fintech Veteran to Management Team

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced its appointment of Bill Rochfort to the positions of president and EVP Sales for its newly-formed logistics subsidiary, SecurCapital Corp. Rochfort brings 25 years of fintech experience to the SecurCapital team – including time as an officer with Premier Global Services, Intermedia, Sprint and Cbeyond – and is noted as an early adopter of cloud architecture. “We're very excited to have Bill join our senior team of logisticians at SecurCapital at this pivotal time as the company launches its SecurCloud Platform,” James Hancock, CEO of Global Payout, stated in…

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