Breaks Categories: News

WednesdayNov 15, 2017 9:42 am

HempNewsBreaks – SinglePoint (SING) Introduces Proprietary Bitcoin Exchange for Payment Processing in High-Risk Markets

Aimed at providing a solution to address the payment processing issues of high-risk transactions in the cannabis and other industries, SinglePoint (OTC: SING) this morning announced the soft launch of a bitcoin exchange that can be utilized by any business, from convenience stores to cannabis dispensaries in the 29 legal states and District of Columbia. “We are very pleased with what we have built out and executed on with this solution. SinglePoint now has a base to continue innovating on for the cannabis payments space. Businesses are contacting us daily about payment services and with this solution we feel confident…

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WednesdayNov 15, 2017 9:20 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Adds Key Individuals to Board and Executive Team

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) today announced that it has added Mr. Rick Fitzgerald to the Board of Directors and Dr. Michael Bumby to the executive team as Chief Financial Officer. Fitzgerald brings a wealth of strategic marketing and senior leadership experience in the alcoholic beverage and tobacco industries while Bumby adds extensive financial, international and capital markets experience. Paul Lucas, Chair of ABcann’s board of directors, stated, “We are pleased to welcome two outstanding individuals to ABcann and believe their domestic and global business experience will be a significant asset to the Company.” To view the full…

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TuesdayNov 14, 2017 1:32 pm

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Releases Results of Annual Shareholders Meeting

India Globalization Capital, Inc. (NYSE American: IGC) yesterday announced that during its 2016-2017 Annual Meeting of Shareholders on November 8, 2017, voting on Proposals Three and Four was adjourned to November 22, 2017 at 11:00 a.m. EST due to the lack of required stockholders needed. Stockholders of record on October 5, 2017 are eligible and requested by IGC to vote on these proposals that are available in the company’s proxy statement filed with the Securities and Exchange Commission (http://cnw.fm/J5mZZ). Eligible stockholders may vote at www.ProxyVote.com, by dialing 800-454-8683, or by returning a properly executed proxy card to InvestorCom. The following…

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TuesdayNov 14, 2017 11:43 am

HempNewsBreaks – ChineseInvestors.com, Inc.’s (CIIX) ChineseHempOil.com Subsidiary Launches OptHemp Product Line on Amazon (NASDAQ: AMZN) During Singles Day Celebration

ChineseHempOil.com, a wholly owned subsidiary of ChineseInvestors.com (OTCQB: CIIX), this morning said that it recently launched its OptHemp product line on Amazon.com (NASDAQ: AMZN) initiating a multi-channel campaign targeting both the US and Chinese-American markets. The launch is aligned during the 9th annual Singles Day Celebration and marks the company’s first use of Amazon for product sales. The launch also marks the beginning of the e-commerce marketplace initiative the company began in June through its strategic partnership with Quiverr Collective, a wholly owned subsidiary of Advantage Solutions. Per the agreement, Quiverr has agreed to include the OptHemp product line in…

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MondayNov 13, 2017 3:16 pm

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Covered in November ‘Let’s Toke Business’ Report Alongside Canopy Growth (TSX: WEED)

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, has been featured in the November issue of ‘Let’s Toke Business.’ The report draws similarities between Lexaria and Canopy Growth (TSX: WEED), as both companies have had major breakouts on the stock market recently. The ability of Lexaria’s technology to expand into other markets was mentioned in the report, as well the possibility that non-cannabis applications could demonstrate an even greater potential. On November 9, Lexaria announced that it filed a new patent application with the U.S. Patent and Trademark…

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MondayNov 13, 2017 9:53 am

HempNewsBreaks – Global Payout, Inc.’s (GOHE) MoneyTrac Subsidiary to Attend MJ Business Conference in Las Vegas

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc. (“MTRAC”), will be attending the MJ Business Conference and Expo November 14-17 in Las Vegas, Nevada. MTRAC recently acquired PotSaver, a marketing and publishing entity founded by Aaron Adler. Adler will join MTRAC CEO James Hancock and COO Vanessa Luna at the expo to promote the MTRAC and PotSaver brands while networking with other cannabis industry executives at the event. “Attending this event will be an excellent opportunity for us to share the vast array of technology and business-related solutions MoneyTrac…

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FridayNov 10, 2017 3:00 pm

HempNewsBreaks – EVIO, Inc. (EVIO) Engages Macdonald Tuskey for Potential Entry into Canadian Capital Markets

Leading provider of cannabis analytical testing services EVIO, Inc. (OTCQB: EVIO) recently engaged the Macdonald Tuskey law firm regarding its entry into the Canadian capital markets. The law firm has been engaged to assist the company in navigating the potential listing opportunities, related requirements and compliance in Canada. EVIO’s objective of listing its stock on the Canadian capital market could result in increased liquidity and an improved ability to raise capital for the company. A new listing may also increase EVIO’s visibility in the booming Canadian cannabis market. For more information, visit: www.EvioLabs.com About EVIO, Inc. EVIO, Inc. is an…

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FridayNov 10, 2017 9:53 am

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Regains Listing Compliance

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced that it has regained NYSE American listing compliance. The company received a letter on November 9, 2017, from NYSE Regulation stating that it is currently in compliance with the NYSE American LLC continued listing standards set forth in section 704 of the NYSE American Company Guide. This update came on the heels of IGC’s annual meeting, which took place on November 8, 2017. As noted in this morning’s news release, the company’s listing eligibility will continue to be…

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ThursdayNov 09, 2017 11:16 am

HempNewsBreaks – Marijuana Company of America (MCOA) Completes Financing for Bougainville Ventures JV Agreement

Marijuana Company of America Inc. (OTC: MCOA), an innovative hemp and cannabis corporation, this morning announced that it has completed its financing of $800,000 in cash and 15 million shares of the company’s common stock in full satisfaction of the amended terms of its joint venture agreement with Bougainville Ventures, Inc. ("BV"). Per the terms of the agreement and with the completion of funding, MCOA has secured a 50 percent equity stake in BV-MCOA Management, LLC and will receive 50 percent of the net profits from leasing the planned facility, which will accommodate a contracted cannabis production and processing tenant…

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ThursdayNov 09, 2017 10:43 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Announces Filing of New Patent Application with USPTO

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced that it has filed a new patent application with the U.S. Patent and Trademark Office (“USPTO”) covering the use of its DehydraTECH™ technology for the delivery of phosphodiesterase type 5 (PDE5) inhibitors. Existing products occupying this space include Viagra™ (sildenafil) and Cialis™ (tadalafil). Per the update, a common complaint regarding existing PDE5 inhibitors relates to the slow-acting nature of the substances. Lexaria believes that its patented DehydraTECH™ technology, building on existing research with cannabinoid delivery, will…

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