Breaks Categories: News

WednesdayNov 01, 2017 10:10 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Receives Extensive Patent Allowance from USPTO

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a drug delivery platform innovator, announced late yesterday that it has received a new Notice of Allowance from the United States Patent and Trademark Office (“USPTO”) related to the use of its innovative DehydraTECH™ technology as a delivery platform for the full list of active pharmacological ingredients requested, including all cannabinoids, fat-soluble vitamins, nonsteroidal anti-inflammatory pain medications (“NSAIDs”) and nicotine. The company expects formal patent issuance within three to four months, with provided protections extending through 2035 or later. “This wide-ranging patent allowance from the USPTO exceeds our expectations,” Chris Bunka, chief executive…

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WednesdayNov 01, 2017 9:44 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Announces Three Additions to Board of Directors

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning expanded its board of directors, announcing its appointment of Delray Wannemacher and Patrick Leung as independent directors and Keevin Gillespie as an executive director, effective immediately. Per the update, Wannemacher and Leung will also serve on the company’s audit committee alongside recently appointed chief financial officer Paul Dickman. “We are extremely pleased to welcome Delray, Patrick and Keevin to the ChineseInvestors.com, Inc.'s Board of Directors,” Warren Wang, chief executive officer of ChineseInvestors.com, stated in the news release. “Their financial and industry experience make these gentlemen excellent choices for the Company's Board…

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TuesdayOct 31, 2017 10:34 am

HempNewsBreaks – EVIO, Inc. (EVIO) Expands Testing Capabilities at Yuba City Laboratory

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis analytical testing services, this morning announced that it has expanded testing capabilities at its Yuba City laboratory in Northern California. The expansion comes in anticipation of California’s new 2018 testing rules and includes a full suite of testing services, such as pesticide, microbiological and expanded cannabinoid potency testing. “We are getting feedback directly from clients on the ground in California that is similar to what we experienced in Oregon back in 2015 when we opened our first lab in Oregon a full year before the official rollout of their testing requirements,”…

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TuesdayOct 31, 2017 10:04 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Co-Hosts Cannabis Industry Networking Event

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., successfully hosted a joint networking event last week in Las Vegas with fellow companies operating in the cannabis financial market sector, including Fusion Bank, Integrated Compliance Solutions, LLC and NICCE Exchange. Notably, the event brought together key individuals from different areas across the West Coast who are involved in the fast-growing cannabis industry. “The power of networking and identifying synergistic business opportunities should never be underestimated,” James Hancock, CEO of MoneyTrac Technology, stated in the news release. “From banking solutions to…

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ThursdayOct 26, 2017 4:08 pm

HempNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Announces Cancellation of Reverse Stock Split

Grey Cloak Tech, Inc. (OTCQB: GRCK) today announced that its board of directors has decided to abandon and cancel the reverse stock split that was previously approved by both the board and the company’s shareholders in February 2017. Per the update, the board believes that, given the company’s recent acquisition and changes in the market since the time of the approval, it is in the best interest of Grey Cloak Tech to cancel the reverse split. Today’s announcement comes just two days after Grey Cloak Tech announced its acquisition of medically-focused CBD company Eqova Life Sciences in an all-stock transaction.…

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ThursdayOct 26, 2017 9:53 am

HempNewsBreaks – SinglePoint, Inc. (SING) President Discusses Acquisitions, Cannabis and Cryptocurrency in New Podcast Interview

Specialized holding company SinglePoint, Inc. (OTC: SING) is the focus of a newly-released podcast interview announced this morning by Investorideas.com. The second of a two-part series, the new podcast features Wil Raston, president of SinglePoint, discussing the company’s progress toward the impending launch of its new bitcoin exchange platform. “We're looking to finish up in the next week or two and hopefully have a nice beta system ready to launch,” Ralston states in the interview. “So far we've finished the portal for the user sign-up, we've added a cart system for dispensaries to actually upload their product and inventory, place…

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ThursdayOct 26, 2017 9:28 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Ramping-Up Sales and Marketing Efforts for PotSaver Brand

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., is currently in the process of ramping-up its sales and marketing efforts within Los Angeles County for its newly-acquired PotSaver brand. Per the update, PotSaver will be releasing its premier Los Angeles publication on January 1, 2018, to coincide with the legalization of recreational cannabis in the most populous state in the country, California. Acquired in September by MoneyTrac, PotSaver is a revenue producing community periodical and online advertising platform focused on providing listings on discounted cannabis-related products for local dispensaries…

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WednesdayOct 25, 2017 11:25 am

HempNewsBreaks – FinCanna Capital Corp. and Astar Minerals Ltd. (TSX.V: TAR) Announce Profit Sharing Agreement with Cultivation Technologies, Inc.

FinCanna Capital Corp., a royalty company for licensed medical cannabis, and Astar Minerals Ltd. (TSX.V: TAR) this morning announced that FinCanna will share 50 percent of the profits from Cultivation Technologies’ (“CTI”) interim medical cannabis extraction facility operating in Coachella, California. The new arrangement, which commenced on October 1, 2017, is expected to provide FinCanna with a source of monthly revenue before the construction of CTI’s Coachella campus is completed as planned. As noted in a news release issued on September 12, 2017, this interim medical cannabis extraction facility on the Coachella premises was established in accordance with CTI’s Conditional…

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WednesdayOct 25, 2017 9:29 am

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Enters MOU Related to Import and Distribution of Cannabinoid-Based Therapies in Germany

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 entered into a memorandum of understanding with MediCann Handels GmbH for the import and distribution of IGC’s cannabinoid-based therapies to pharmacies in Germany. Under the terms of the MOU, MediCann will provide the capital required for the transportation, import, storage, sales and marketing of products intended for the German market. “There are many benefits to developing a strong presence in the German pharmacy market including, a favorable regulatory environment and reimbursement from health insurance providers,”…

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TuesdayOct 24, 2017 12:13 pm

HempNewsBreaks – EVIO, Inc. (EVIO) Opens Fifth Testing Location in Eastern Oregon

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis analytical testing services, this morning announced the opening of its fifth testing location in eastern Oregon. “We are excited to announce our new location in La Grande, OR,” William Waldrop, CEO of EVIO, stated in the news release. “Oregon recently passed OAR 603-048 which requires all industrial hemp and hemp derived manufactured products to be tested by an accredited testing lab prior to being made available for sale. Our new location, is the only lab in eastern Oregon and is strategically located near a significant number of Oregon's 233 licensed hemp…

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