Breaks Categories: News

MondaySep 18, 2017 10:56 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Attends Cannabis World Congress & Business Exposition

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that executive management members of its majority-owned subsidiary, MoneyTrac Technology, Inc., successfully represented the company at the fourth annual Cannabis World Congress & Business Exposition held in Los Angeles. “Representation at events such as this present such a unique and powerful opportunity to grow our presence and establish new partnerships within an industry that is incredibly tight-knit and yet growing at an unprecedented rate,” MoneyTrac COO Vanessa Luna stated in the news release. “I am encouraged by the many different connections we established during this expo, and I am…

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MondaySep 18, 2017 10:22 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Nets Total Proceeds of $11.9 Million from Exercise of Warrants

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced that it has received total proceeds of nearly $11.9 million from the exercise of an aggregate of 19,185,965 warrants since the closing of its acquisition of ABcann Medicinals Inc. on April 28, 2017. With these funds, ABcann’s current cash position stands at approximately $45 million, giving the company the means to execute previously outlined plans to expand its production capabilities. “ABcann thanks our shareholders for their continued support and confidence as we work toward expanding our facilities and increasing production,” Aaron Keay, director and CEO of ABcann, stated in the…

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MondaySep 18, 2017 9:49 am

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Provides Update on Data Showing Effectiveness of THC in Addressing Underlying Cause of Alzheimer’s

India Globalization Capital, Inc. (NYSE American: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning provided an update on compelling in vitro data compiled from genetically engineered cell lines within an Alzheimer’s disease model. Per the update, the aggregation of Aβ protein in the cerebral cortex and hippocampus, which is believed to be a primary cause of Alzheimer’s disease, is decreased by as much as 40 percent when treated with varying concentrations of THC. “As Alzheimer’s progresses, synaptic dysfunction and the death of neurons lead to memory loss,” Ram Mukunda, CEO of IGC, stated…

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MondaySep 18, 2017 9:19 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Subsidiary Completes China FDA Filing; Moves toward Launch of Hemp-Infused Skin Care Line

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX), through wholly-owned subsidiary CBD Biotechnology Co. Ltd., this morning announced that it has completed the record filing process with the China Food & Drug Administration (“CFDA”) for its first line of non-industrial hemp-infused skin care products. Following this milestone, the company expects to launch its ‘CBD Magic Hemp Series’ skin care line in the next couple of months, effectively positioning CBD Biotechnology as a leader in what the company has called “an untapped segment of China’s skin care industry.” "I am very pleased to announce the upcoming launch of CBD Biotechnology's non-industrial hemp-infused…

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FridaySep 15, 2017 2:01 pm

HempNewsBreaks – Organigram (TSX.V: OGI) (OTCQB: OGRMF) Signs MOU with Canadian Provincial Authority for Distribution of Cannabis to Adult Recreational Market

Organigram Holdings Inc. (TSX.V: OGI) (OTCQB: OGRMF), a leading licensed producer of medical marijuana based in Moncton, New Brunswick, today announced it has entered into a memorandum of understanding (MOU) with the New Brunswick provincial authority for the distribution of marijuana to the adult-use recreational market. Through the MOU, New Brunswick secures a supply of at least five million grams of recreational marijuana per year from Organigram. In a news release, Organigram CEO Greg Engel said, “We applaud the New Brunswick government’s efforts to foster an innovative, forward-thinking economic climate that supports cannabis as a driver of growth for New…

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ThursdaySep 14, 2017 3:56 pm

HempNewsBreaks – PotNetwork Holding (POTN) Subsidiary Secures More Than $200,000 in Sales at Recent Trade Show

Diamond CBD Sales, a subsidiary of PotNetwork Holding, Inc. (OTC: POTN), attained more than $200,000 in sales at the Big Industry Trade Show in New York on August 10-11. An article further discussing this topic reads: “In addition to the $200,000 at the BIG Industry Trade Show, Diamond CBD also generated sales of more than $320,000 at the Market Week Event, held in Las Vegas. Late in July, the firm also recorded revenues of some $300,000 at the CHAMPS trade show in Las Vegas, PotNetwork Holding said.” To view the full article, visit: http://cnw.fm/f3UbT About PotNetwork Holding, Inc. PotNetwork Holding,…

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ThursdaySep 14, 2017 12:09 pm

HempNewsBreaks – Hemp, Inc. (HEMP) Names New Dean of Hemp University

Hemp, Inc. (OTC: HEMP) this morning said that Hemp University has appointed Dr. Robert Ian Bruck (double Ph.D.), Director and Founder of North Carolina State University's Environmental Technology Program (B.S.) as its new Dean. As Dean, Bruck will be responsible for the management and development of the education curriculum. Additionally, Bruck will be speaking at the upcoming Hemp University educational symposium on September 30. "This appointment, in particular, is truly a rare opportunity to be on the front lines of this industrial hemp revolution by helping students achieve their hemp cultivation goals and inspiring more farmers to produce this multi-faceted…

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WednesdaySep 13, 2017 2:15 pm

HempNewsBreaks – The Green Organic Dutchman Holdings Secures $20M Pre-IPO Financing Agreement

The Green Organic Dutchman Holdings Ltd. (“TGOD”) earlier this week announced a $20 million private placement with a syndicate led by PI Financial Corp., priced at C$1.65 per unit. Shares will have a six-month hold period from the day of the company’s initial public offering (IPO), which is anticipated in January of 2018. The medicinal cannabis producer said it plans to use the net proceeds to advance its facilities in Ontario and Quebec, as well as for working capital purposes. View the full press release at http://cnw.fm/WWP6b About The Green Organic Dutchman Ltd. The Green Organic Dutchman Ltd. grows high…

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WednesdaySep 13, 2017 2:14 pm

HempNewsBreaks – Future Farm Technologies Inc. (CSE: FFT) (OTCQB: FFRMF) Harvests First California Cannabis Crop

Future Farm Technologies Inc. (CSE: FFT) (OTCQB: FFRMF) recently announced the harvest of its first cannabis crop from its previously announced Riverside County, California, cultivation facility. The company is currently drying, curing, trimming and packaging the flower in preparation for sale and distribution to medical patients in California later this month. Future Farm estimates the harvest of approximately 90 pounds with a market value of $144,000-$180,000. A video of the cultivation facility, filmed in July, is also online and available for viewing. To view the full press release, visit http://cnw.fm/66Ajl About Future Farm Technologies Inc. Future Farm’s business model includes…

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WednesdaySep 13, 2017 9:22 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters Letter of Intent with BlazeNow, Inc.

Payment solutions company Global Payout, Inc. (OTC: GOHE) this morning announced that its majority owned subsidiary, MoneyTrac Technology, Inc., has executed a Letter of Intent with BlazeNow, Inc., a majority owned subsidiary of MediaTechnics Corporation (OTC: MEDT). BlazeNow, once called the “Yelp” of the cannabis industry by NY Daily News, is an advertising and data collection platform focused on connecting cannabis-related businesses with patients and customers. “We are excited to lay the groundwork for what we believe will be a very productive business partnership with BlazeNow,” Vanessa Luna, COO of MoneyTrac Technology, stated in the news release. “The goals are…

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