Breaks Categories: News

MondayDec 16, 2019 10:29 am

HempNewsBreaks – MCTC Holdings, Inc. (MCTC) Releases CEO Shareholder Letter, Strategic Direction for 2020

MCTC Holdings (OTC: MCTC) today provided a letter to its shareholders to recap 2019 and provide an overview of the company’s plans moving into 2020. Among the topics covered, the letter discussed the company’s reorganization with a new management team led by Arman Tabatabaei, as well as installation of an experienced board of directors. The letter also covered the company’s current strategic direction to re-position in the cannabinoid sciences arena. “It is our team's strong belief that one of the most underserved submarkets of the hemp and cannabis marketplaces relates to the delivery of hemp extracts and cannabinoids to the…

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WednesdayDec 11, 2019 9:34 am

HempNewsBreaks – Hemptown USA Unveils New CBG-Based Product Line at MJBizCon 2019; Reports 2019 Harvest Results

Hemptown USA, a privately-owned grower of full-spectrum, feminized hemp using premium-seed genetics, on Tuesday announced that the company revealed a portion of its new line of cannabigerol (“CBG”) products at the 2019 MJBizCon in Las Vegas, Nevada. Hemptown USA will be at booth C3831 at the 2019 MJBizCon Conference taking place Dec. 11-13, 2019. The new suite of products includes the Hemptown CBG Tincture, the Hemptown Salve Balm, and an assortment of capsules intended for various uses. The company is also promoting its new Hemptown Chew gum, which contains the highest levels of hemp-derived CBD and CBG cannabinoids currently accessible…

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TuesdayDec 10, 2019 10:00 am

HempNewsBreaks – Marijuana Company of America, Inc. (MCOA) to Present at 12th Annual LD Micro Main Event

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that it will present at the 12th Annual LD Micro Main Event held on December 10-12, 2019 at the Luxe Sunset Boulevard Hotel in Bel Air, California. MCOA Principal Executive Officer Jesus Quintero and Director Robert Coale are scheduled to present 11:40 a.m. PT on Wednesday, December 11, 2019. The presentation will cover a corporate overview, including recent highlights, the hempSMART(TM) brand, and current developments. Coale and Quintero will also be available for one-on-one meetings with investors during the conference. To view the full press release,…

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TuesdayDec 10, 2019 9:25 am

HempNewsBreaks – MCTC Holdings Inc. (MCTC) Reports Positive Results from Hemp Extract-Based Alcohol Replacement Technology Testing

MCTC Holdings (OTC: MCTC), a science-forward, intellectual-property-focused company developing unique hemp-infusion technologies, this morning reported alcohol replacement technology test results for its Hemp You Can Feel(TM) technology, a groundbreaking hemp-based infusion intended as a replacement for alcohol in many beverages. MCTC announced separate test results on three new infusions, the Hemp You Can Feel(TM) technology in powder form, in a liquid concentrate form and in a premixed nonalcoholic cocktail formulation. In industry standard high-performance liquid chromatography (“HPLC”)-based potency testing conducted by licensed independent laboratories, hemp extract and cannabinoid levels were undetectable for all three preparations. Additional analysis intended to reveal…

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MondayDec 09, 2019 11:44 am

HempNewsBreaks – Marijuana Company of America, Inc. (MCOA) Announces Changes in Corporate Leadership, Vertical Expansion Strategy

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced the resignation of Donald J. Steinberg as chairman of the board, chief executive officer and treasurer. According to the update, the Company’s new focus will be to enter strategic acquisitions with various operational cannabis and hemp companies that are distressed in order to expand its vertical model, as well as expand its hempSMART(TM) branded product lines and marketing channels and launch other CBD brands using a direct-to-consumer sales approach. "It has been an honor to lead the Company these past four years and to serve the…

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FridayDec 06, 2019 12:09 pm

HempNewsBreaks – SinglePoint, Inc. (SING) Enters Agreement with AFG Distribution to Sell, Market and Distribute “1606 Original Hemp”

SinglePoint (OTCQB: SING) today announced its entry into an agreement with AFG Distribution of North Carolina to sell, market and distribute the company's newest product, "1606 Original Hemp" - a filtered hemp pre roll. According to the update, the companies will exhibit at the MJBizCon show in Las Vegas, slated to take place from December 11-13, 2019. “A phenomenon is occurring where people are substituting or modifying tobacco consumption with smokable hemp,” SinglePoint President Wil Ralston said in the news release. “We believe we have the best filtered hemp pre roll using 100% hemp in the market and are tremendously…

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FridayDec 06, 2019 9:18 am

HempNewsBreaks – SinglePoint, Inc. (SING) President Discusses Plans for Upcoming Conference on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is syndicated internationally and covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. This week’s program featured SinglePoint president Will Ralston as he discussed the company’s participation in the upcoming MJBIZCON in Las Vegas. “We're releasing our brand new 1606 Hemp smokable product there. We've had great feedback already,” SinglePoint president Will Ralston stated in…

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TuesdayDec 03, 2019 9:50 am

HempNewsBreaks – Sugarmade, Inc. (SGMD) Employs Aggressive M&A Roll-Up Strategy

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, is pursuing an aggressive merger and acquisition (“M&A”) roll-up strategy to position itself as a leader in the hydroponics sector. The company is presently in preliminary talks with six hydroponic and agricultural supply targets in the U.S. and central Europe. SGMD is targeting companies with an EBITDA margin of at least 8% and prefers to pay a reasonable multiple to revenue, with 10% in cash and 90% in stock with exact terms dependent on market conditions. Sugarmade recently closed its acquisition of BZRTH Inc. for roughly 1x…

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MondayDec 02, 2019 11:50 am

HempNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries Brings Triple Distillation System On Line in Florida Facility

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, together with its wholly-owned subsidiary, Khrysos Industries, Inc., today announced that Khrysos has brought a new triple distillation system online at its recently leased 82,000 square foot post processing and finished goods production facility in Orlando, Florida. According to the update, the new system is planned to be used exclusively for hemp oil remediation on a toll processing basis. In addition, Khrysos Industries announced that the company has increased capabilities in Isolate production by bringing online two 150 Isolate Reactors, expected to increase its ability to produce Isolate by 6-fold. "We…

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TuesdayNov 26, 2019 11:06 am

HempNewsBreaks – SinglePoint, Inc. (SING) Provides 2019 Recap, Outlook for 2020

SinglePoint (OTCQB: SING), a technology and investment company, this morning provided a recap of 2019 and outlook for 2020. The company exceeded $1,000,000 in revenue for Q3, making it its largest third quarter in company history. Moving forward, SING sees substantial growth in two major markets, hemp and solar, and is focused on growing within these market segments throughout the fourth quarter and into 2020. The company is launching its nicotine and tobacco free 1606 Original Hemp cigarettes at MJBIZCON taking place at the Las Vegas Convention Center December 11-13, 2019. SinglePoint expects the sale of 1606 to be a…

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