Breaks Categories: News

ThursdayMar 28, 2019 12:55 pm

HempNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Expand to Deliver Solutions to Oregon and Hawaii Markets

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced Mtrac’s expansion into two new markets – Oregon and Hawaii. Oregon was one of the first U.S. states to legalize cannabis for adult recreational use, and Hawaii is legal for medicinal purposes only. National level legislation is being considered to provide protection to financial institutions that deal with cannabis, but many legal businesses remain cut off from basic banking services in the current environment. “We understand the range of concerns regarding the lack of financial solutions from all stakeholders in the industry, and we feel confident…

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ThursdayMar 28, 2019 12:23 pm

HempNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Launch of hempSMART CBD Products in the UK

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly owned subsidiary, hempSMART, Ltd., has successfully launched sales of the hempSMART(TM) product line in the United Kingdom during a March 23, 2019 London event. At the launch, the hempSMART UK team successfully sold out its entire promotional inventory and signed over 1,000 new associates with the company’s associate networking program. The official website of hempSMART UK is www.hempSMART.co.uk. “We are delighted to have launched our CBD product line hempSMART(TM) internationally this past week,” MCOA CEO Donald Steinberg stated in the news release. “HempSMART(TM) will…

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ThursdayMar 28, 2019 12:18 pm

HempNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Green Light for Ancaster Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that Hamilton City Council approved its settlement offer and will allow TGOD to operate its Ancaster, Ontario cannabis greenhouse upon the Local Planning Appeal Tribunal’s confirmation of the settlement at a meeting scheduled for April 25, 2019. Once complete, the Ancaster combined facilities will have the capacity of growing 17,500 kgs of organic cannabis annually. “This is tremendous news for our company and for the city of Hamilton,” TGODF CEO and Director Brian Athaide said in the news release. “We are a global…

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ThursdayMar 28, 2019 11:34 am

HempNewsBreaks – Therma Bright Inc.’s (TSX.V: THRM) (OTC: THRBF) TherOZap(TM) Technology in Final Stage Testing Against Zika Virus

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) this morning announced that it is in the final stages of in vitro testing and awaits the results of the TherOZap(TM) technology against the Zika virus. According to the update, a top research laboratory in Canada is conducting the testing, and Therma Bright expects to report further information as it becomes available. “To date the research lab has done an excellent job following protocol and testing our device with the aim of reporting statistically relevant results,” Therma Bright CEO Rob Fia stated in the news release. “Therma Bright made a…

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ThursdayMar 28, 2019 11:28 am

HempNewsBreaks – Global Consortium, Inc (GCGX) Exploring Opportunity to Take One of its Divisions Public in Canada

Global Consortium (OTC: GCGX) this morning announced that it is participating in ongoing discussions to take one of its divisions public in Canada, where it can receive a higher multiple and gain easier access to capital for expansion. Cannabis companies have thrived after going public on the CSE and dual listing in the United States, where opportunities exist at reasonable valuations while the country keeps cannabis in the grey area between state and federal government regulations. Utilizing the Canadian markets to raise capital would open growth potential currently being missed. Global's CPA is nearly finished with consolidation of the financials,…

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ThursdayMar 28, 2019 10:21 am

HempNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters MOU with Better Choice Company for Exclusive Distribution Rights to CBD Animal Health Products

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a memorandum of understanding ("MOU") with Better Choice Company, Inc. for exclusive Canadian distribution rights to its cannabidiol ("CBD") Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada. Better Choice offers a suite of CBD pet focused products in the form of oils and soft chews under its Bona Vida brand, with several formulations designed to aid the state of good health and well-being in pets. “We are excited that Better Choice has chosen us…

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ThursdayMar 28, 2019 10:15 am

HempNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Promissory Note with New Portfolio Client, Cannaki Beverage

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with Cannaki Beverage Inc., a Las Vegas, Nevada-based manufacturer of natural and organic functional beverages with core products that include still and carbonated beverages and Nano CBD infused flavored waters. According to the update, Redfund and Cannaki signed the two-year term convertible secured promissory note on March 27th 2019 for $1,000,000 at an annual interest rate of 14 percent. Redfund may convert the note at any time during the term, and the company has a right of first refusal to provide financing to…

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ThursdayMar 28, 2019 9:49 am

HempNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) President Recognized on High Times’ List of the 100 Most Influential People in Cannabis

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced that its President and Founder John Fowler was recognized on the High Times list of the 100 Most Influential People in Cannabis. A pioneer in the industry, Fowler spent over a decade in the medical cannabis sector as a cultivator, influencer, patients-rights advocate and lawyer prior to founding Supreme Cannabis' wholly-owned subsidiary, 7ACRES, in 2013. Fowler’s vision for 7ACRES was to create Canada's leading premium cannabis flower brand and produce high quality cannabis on a commercial scale and, today, 7ACRES is one of Canada's leading premium brands. Fowler…

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TuesdayMar 26, 2019 1:32 pm

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Receives Promising Valuation from Third Party Accounting Firm on Cannabis Facility Acquisition

TransCanna Holdings (CSE: TCAN) (FSE: TH8), an emerging cannabis branding, transportation and distribution company, recently signed definitive documents to purchase a 196,000 sq. ft. vertically integrated facility in northern California for $15 million. The purchase includes 5.567 acres of land and institutional grade packaging and extraction equipment. TransCanna retained the services of GreenGrowth CPA, an independent third-party chartered professional accounting firm that specializes in legalized cannabis. GreenGrowth was engaged by the company to determine the enterprise value of the proposed business to be conducted by TransCanna on the property. Using two separate valuation methods including both the discounted cash flow…

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TuesdayMar 26, 2019 11:41 am

HempNewsBreaks – Global Payout, Inc. (GOHE) and MTrac’s Government Relations Team to Speak at NJ Cannabis Insider Event

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced that Carol Gabel, a valued member of the company’s government relations team at MGR2, was invited to speak at the New Jersey Cannabis Insider event to be held on April 3, 2019. The event brings together cannabis industry key players in the New Jersey and surrounding tri-state area, offering networking opportunities to new and established businesses in the rapidly expanding market. Gabel has over 20 years of experience in executive management and has worked with hundreds of legislators and elected officials under five different administrations. MTrac…

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