Breaks Categories: News

MondayJan 29, 2018 9:46 am

HempNewsBreaks – EVIO, Inc. (EVIO) Appoints New Vice President of Operations

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 its appointment of Ron Russak as its new vice president of operations. Per the update, Russak joins EVIO from a 17-year career at Quest Diagnostics where, as regional director, he had operational responsibility for 529 patient service centers and 228 inter-office phlebotomy sites throughout the western United States. “After an exhaustive search, we knew immediately that Ron was the right fit for EVIO,” Lori Glauser, co-founder and COO of EVIO, stated in the news…

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MondayJan 29, 2018 9:17 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters JV Agreement with Integrated Compliance Solutions, LLC

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced the completion of a joint venture partnership agreement with Integrated Compliance Solutions, LLC (“ICS”), a premier ‘Seed to Bank™’ provider of financial and regulatory compliance services and solutions for the retail cannabis industry. Per the update, MTRAC views the establishment of this JV partnership as a critical opportunity to fortify the compliance aspects of the banking solutions that are currently being co-developed by MTRAC and its strategic partners. “The importance of compliance in an industry that is so heavily regulated like retail…

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FridayJan 26, 2018 1:00 pm

HempNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses New National Ad Campaign in Interview on MoneyTV

Specialized holding company SinglePoint, Inc. (OTC: 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 and the company’s spokesman Kevin Harrington, an original Shark Tank member, announced a new national ad campaign. The new ad will demonstrate to viewers how to download coins to their virtual wallet. The company’s innovative platform offers its users a compatible wallet to store any type of cryptocurrency. Singlepoint expects to launch the ad campaign in the first…

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ThursdayJan 25, 2018 3:55 pm

HempNewsBreaks – Choom Holdings, Inc. (CSE: CHOO) (OTCQB: CHOOF) Debuts Concept of Retail Dispensary; Engages Design Team

Canadian cannabis cultivation company, Choom™ (CSE: CHOO) (OTCQB: CHOOF), recently confirmed that is has embarked on an innovative retail dispensary strategy by releasing its concept of a new retail store design. The company remains focused on engaging recreational and lifestyle brands in the legal cannabis market, and intends to be a major player reaching Canadian cannabis consumers. Choom’s retail dispensary strategy aims to exploit the burgeoning market sector in areas of Canada that permit the private distribution of recreational cannabis through developing a chain of branded retail cannabis dispensaries. In an effort to remain a step ahead of the competition,…

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WednesdayJan 24, 2018 3:13 pm

HempNewsBreaks – True Leaf Medicine International Ltd. (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) Secures New Equity Financing

True Leaf Medicine International (CSE: MJ) (FSE: TLA) (OTCQB: TRLFF) this morning said it has raised C$14 million in equity financing that will enable the life cannabis company to move forward with its medicinal cannabis facility. True Leaf raised C$10M in a Regulation A+ public equity offering priced at C$0.70 per share, making it the first Canadian-listed company to successfully conduct such an offering. Additionally, the company said it is currently working toward the close of a $4,051,654.60 non-brokered private placement via the sale of 5,788,078 common shares at a price of C$0.70 per share, available to Canadian investors only.…

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WednesdayJan 24, 2018 2:46 pm

HempNewsBreaks – Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) Secures $2M in Private Placement

On January 22, Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) said that it closed a non-brokered private placement financing of 5,000,000 units at a price of $0.40 each. Each unit consists of one common share and one-half of one transferable share purchase warrant. Each whole warrant entitles the holder to further purchase one common share for a period of up to twenty-four months at a price of $0.60. The company also issued 259,485 finder's units with the same entails. The company received total gross proceeds of $2,000,000 from the offering which it intends to use toward fast-tracking…

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WednesdayJan 24, 2018 11:41 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Exploring Potential Strategic Partnership 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 Letter of Intent with Eyeconic.TV, an innovative and award winning producer and distributor of interactive digital mediums aimed primarily at providing digital menus, advertising and kiosks to its customers within their businesses. Per the update, the execution of this LOI will provide the companies with an opportunity to thoroughly explore the possibility of establishing a strategic partnership. “We are very excited to explore the possibility of establishing an official partnership with Eyeconic.TV that would be mutually beneficial…

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WednesdayJan 24, 2018 11:04 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Leverages Month-Over-Month Sales Growth to Greatly Exceed 2017 Revenue Projections

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that, as a result of the rapid growth in sales of its Diamond CBD, Inc. subsidiary, it achieved revenues of approximately $14.5 million for the 2017 calendar year. Notably, this figure exceeded the company’s earlier projections of $8.3 million by more than 70 percent. “2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017,” Richard Goulding, CEO of PotNetwork, stated in the news…

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TuesdayJan 23, 2018 10:53 am

HempNewsBreaks – Medical Innovation Holdings, Inc. (MIHI) Turns Attention toward Blockchain Technology

Medical Innovation Holdings, Inc. (OTC: MIHI) this morning announced that its future development efforts will include blockchain technology. Per the update, the company’s recently announced endeavor into the Health Care Sharing Organizations (“HCSO”) marketplace will be blockchain-centric in an effort to promote more efficient movement of secure data and lower transactional costs. MIHI intends to release an initial version of this platform to support its own internal operations before migrating the application to allow third-party sharing organizations to utilize the technology under a transaction fee arrangement. “We are at a beginning of a technological trend that will revolutionize how we…

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TuesdayJan 23, 2018 10:08 am

HempNewsBreaks – SinglePoint, Inc. (SING) Enters LOI to Acquire Bitcoin Beyond

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced its entry into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using their existing web-enabled point-of-sale devices. Per the update, the acquisition, priced at $1 million all stock, is expected to provide SinglePoint with a full end-to-end purchasing experience that supplies merchants and bitcoin users with unprecedented capabilities. “We are thrilled with this opportunity,” Wil Ralston, president of SinglePoint, stated in the news release. “Acquiring Bitcoin Beyond put us ahead of what we believe merchants have access…

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