Breaks Categories: News

MondayJan 14, 2019 10:23 am

HempNewsBreaks – Medical Cannabis Payment Solutions (REFG) Highlights Results of Key Banking Launch, Eyes Growth and Expansion

Medical Cannabis Payment Solutions (OTC: REFG) this morning provided an update on its 2018 activities and its strategic direction for 2019, reviewing results from the successful launch of its proprietary cannabis banking solution. According to the update, the Go! platform provides REFG with a key first-mover advantage, as it is believed to be the first cannabis-focused payment solution available across all states with legalized cannabis. Its launch formed the first revenue-generating stream for the company, and over 150 applications and dozens of new accounts for banking have opened since achieving commercialization last quarter. "Our corporate mantra has always been compliance,…

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MondayJan 14, 2019 9:45 am

HempNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in Greenhouse Juice Company

Cannabis-focused investment and operating firm Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced its investment in Greenhouse Juice Company, a dynamic plant-based food and beverage company. Per the update, Canopy Rivers has committed $9 million in a convertible debt financing package that includes secured and unsecured debt, warrant coverage and board representation rights. Greenhouse is expected to leverage proceeds from this financing to supplement its national expansion and initiatives for the development of natural health and wellness beverages infused with cannabidiol. “As a plant-based health and wellness brand, Greenhouse is excited to continue our mission by expanding across…

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FridayJan 11, 2019 9:53 am

HempNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses CBD Legalization’s Impact to Business 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 internationally-syndicated program reviews money-focused topics, featuring in-depth CEO and executive interviews from various companies offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program to discuss the legalization of CBD and its significant impact on business. “We have a lot of opportunities for investment and a lot of opportunities for acquisitions in the CBD market, and that is really going to be our focus in 2019,” SinglePoint CEO Greg Lambrecht stated in the interview.…

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ThursdayJan 10, 2019 11:23 am

HempNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Closes IPO Generating $2.2M in Gross Proceeds

TransCanna Holdings (CSE: TCAN) announced the January 8, 2019 completion of its initial public offering (“IPO”) of 4,400,000 units, issued at a price of $0.50 per unit, which generated aggregate gross proceeds of $2,200,000 pursuant to a December 10, 2018 prospectus. Each unit is comprised of one TransCanna common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $1 per share until January 8, 2020, under the condition that if the price of the shares on the Canadian Securities Exchange ("CSE") closes at or above $1.50 for…

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ThursdayJan 10, 2019 10:43 am

HempNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Begin POS Integrations to Drive Paradigm Shifts, Mass Market Adoption

Global Payout (OTC: GOHE) together with its wholly-owned subsidiary MTrac Tech Corp. this morning announced the release of its system’s API for the purpose of integration with some of the cannabis industry’s leading point of sale (“POS”) companies. Per the update, the MTrac team has engaged several POS companies to discuss integration initiatives over the last few months. Integration will enable these companies, responsible for daily uploads of seed to sale tracking data into each state’s regulatory portal, to add card processing to their systems, merging inventory management and payment processing into one solution. “Since our initial launch in October,…

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ThursdayJan 10, 2019 10:24 am

HempNewsBreaks – SinglePoint, Inc. (SING) Eyes Opportunity in 2019, Highlights Company Initiatives and Acquisitions

Technology and investment company SinglePoint (OTCQB: SING) this morning provided insight into the company’s direction, intended acquisition plans and previous successful acquisitions it has completed to date. According to the update, the company has achieved major success in its industrial hemp CBD related initiatives, with its subsidiary SingleSeed.com receiving a steady increased volume of orders expected to be a key factor in driving increased revenue in 2019. The company is optimizing its site with different landing pages and utilizing tools such a heat maps and A/B testing to target enhanced visitor experience and increased conversion of site visits. SingleSeed continues…

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ThursdayJan 10, 2019 9:50 am

HempNewsBreaks – Marijuana Company of America Inc.’s (MCOA) Scio, Oregon Hemp Project Ramped Up for Clone Production, Expanded Growing Season

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) its Joint Venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) announced this morning that clone production at their Scio, Oregon High Yielding CBD Hemp project is in high gear for the 2019 season. The partners are preparing for an “as early as possible” planting this year with preparations underway for planting of this year’s crop to begin in late May to early June, providing an additional 45 to 60 days of growing time compared to last year. This expanded timeframe will allow the hemp plants…

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WednesdayJan 09, 2019 10:57 am

HempNewsBreaks – The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) Gains Conditional Approval for Listing on the Toronto Stock Exchange

The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) (FRA: 53S1) this morning announced that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX. Final approval of the listing is subject to Supreme Cannabis meeting certain customary conditions required by the TSX, and the company intends to issue an additional statement when the TSX confirms the date on which trading on the TSX will commence. “Graduating to the TSX will broaden our investment appeal and leave us well positioned to execute on our strategic…

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WednesdayJan 09, 2019 9:20 am

HempNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Inks Medical Cannabis Supply Agreement with Shoppers Drug Mart

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), through its subsidiary The Flowr Group (Okanagan) Inc. (collectively “Flowr” or the company), this morning announced its entrance into an agreement with Shoppers Drug Mart, a division of Loblaw Companies Limited (TSX: L), to supply medical cannabis on a purchase order basis. Flowr will supply the leading drug store retailer with its FlowrRx brand of premium medical cannabis products. Initially, the products will be sold online only as Canadian regulations presently restrict the sale of medical cannabis in retail pharmacies, making Shoppers’ new ecommerce site the exclusive direct-to-patient online provider of FlowRx products.…

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TuesdayJan 08, 2019 12:23 pm

HempNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary Ships First 3.8 Million Pounds of Green Coffee Under 5-Year Estimated $250M Contract

Leading omni-direct lifestyle company Youngevity International (NASDAQ: YGYI) this morning announced that its wholly owned subsidiary, CLR Roasters, has, under recent entry of a 5-year contract, begun processing and shipping its first containers of green coffee. The company has already received orders against the contract for 230 containers that are scheduled to ship in the first quarter of this year. Strictly High Grown washed Nicaraguan conventional coffees account for the majority of the initial coffee shipments, while 15 containers of naturals were also included. “We are very pleased to see this contract producing revenue as we kick off 2019,” Youngevity…

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