HempNewsBreaks

WednesdayFeb 14, 2018 11:01 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Enters LOI for Two-Year Financial Services Engagement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its SecurCapital Corp. subsidiary, this morning announced that it has received an official Letter of Intent (“LOI”) from a global contractor in Virginia. Per the terms of the LOI, SecurCapital will provide the customer with supply chain financial services globally throughout a two-year engagement. “Due diligence is concluded and indicative of a potential funding opportunity by the end of February when transactions will begin,” Stephen Russell, CEO of SecurCapital, stated in the news release. “What is significant about this revenue event is that it is a function of an innovative approach…

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WednesdayFeb 14, 2018 10:03 am

HempNewsBreaks – SinglePoint, Inc. (SING) Releases Shareholder Update Detailing OTCQB Uplisting

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning released a shareholder update on its recent uplisting to the OTCQB Venture Market, offering insight into the company’s current objectives and its recent addition of a key board member to help guide its technology initiatives. Notably, a requirement of SinglePoint’s move to the OTCQB was to add an additional board member. The company selected F5 Networks Senior Vice President Venugopal Aravamudan for the role. Aravamudan brings more than 25 years of technology sector experience to the SinglePoint team, having played a significant role in the growth and development of companies such…

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WednesdayFeb 14, 2018 9:58 am

HempNewsBreaks – EVIO, Inc. (EVIO) Adds New Executives to Management Team; Reports Q1 2018 Financial Results

EVIO (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, has recently grown its top-tier management team by two former executives of Pfizer and Quest Diagnostics. The company’s recently appointed president Al Lustig fills the role of driving EVIO's growth in new and current markets through sales and operational strategies. As the recently appointed Vice President of Operations, Ron Russak will focus on scaling existing and new laboratory operations to increase growth and profitability. Additionally, EVIO this morning announced financial and operating results for the first quarter of…

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TuesdayFeb 13, 2018 3:08 pm

HempNewsBreaks – Medical Cannabis Payment Solutions (REFG) Helps Cannabis Distributors Remain Compliant with Green Platform

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) recently launched Green, a platform with full merchant account functionality. Green enables marijuana dispensaries immediate access to funds while remaining compliant with all Financial Crimes Enforcement Network (FinCEN) laws. An article discussing the platform reads: “Medical Cannabis Payment Solutions (OTC: REFG) provides the industry with fully secure, state-of-the-art financial services that are simple to set up and easy to use. In January, the company launched Green, a platform with full merchant account functionality. Cash-only operations are now a thing of the past. This comprehensive card processing operation allows for online…

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TuesdayFeb 13, 2018 1:06 pm

HempNewsBreaks – Earth Science Tech, Inc. (ETST) Secures Laboratory Partner for Clinical Studies of MSN-2 Medical Device

Science-based biotechnology company Earth Science Tech, Inc. (OTC: ETST) recently signed an agreement with a private laboratory for clinical studies related to its MSN-2 medical device. “We are on the cusp of making tremendous progress in our clinical trial efforts,” Dr. Michel Aubé, CEO and CSO of ETST, stated in a news release. An article discussing the agreement reads: “ETST now has the laboratory partner needed to support the company’s research and development efforts, along with the commercialization of its MSN-2 medical device, which has been specifically developed to support women’s health and the related molecular diagnostics to which women…

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TuesdayFeb 13, 2018 11:15 am

HempNewsBreaks – EVIO, Inc. (EVIO) CSO Dr. Anthony Smith to Present at Emerald Conference in San Diego

EVIO, Inc. (OTCQB: EVIO), a life sciences company and leading provider of quality control testing and advisory services to the regulated cannabis industry, this morning announced that Chief Science Officer Dr. Anthony Smith will be a featured presenter at the Emerald Conference on February 16, 2018. Smith’s presentation, titled ‘Cannabinoid Chromatography: Precision, Accuracy and the Industrialization of Potency Analysis’, will address the evolution of analytical testing through the lens of EVIO’s experience at its accredited labs across the U.S. The Emerald Conference is set to take place February 15-16 at the Hyatt Regency Mission Bay Spa and Marina in San…

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TuesdayFeb 13, 2018 10:45 am

HempNewsBreaks – SinglePoint, Inc. (SING) and Smart Cannabis Corp. (SCNA) Expand Joint Venture

SinglePoint, Inc. (OTCQB: SING) and Smart Cannabis (OTC: SCNA) this morning announced the companies have expanded their joint venture agreement providing SinglePoint with the rights to sell Smart Cannabis' Smart by Design greenhouses. Per the terms of the agreement, SinglePoint will have an exclusive agreement on Smart Cannabis products sold and installed within Arizona, including the company's line of SMART by Design™ automated greenhouse systems and the soon-to-be-released "Track and Trace Software System." "We are excited about this opportunity. The company has some great connections in Arizona and some soft commitments on potentially purchasing some greenhouses from us. Additionally, we…

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TuesdayFeb 13, 2018 10:34 am

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Bolsters PotSaver Sales Team

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that it has expanded the sales team for its PotSaver brand in an effort to extend its reach beyond the San Diego market and into surrounding metro areas, including Los Angeles. PotSaver is focused on bolstering advertising opportunities and providing compliance services for operators in the newly-formed recreational cannabis markets of California. The company has strengthened its San Diego publication’s advertiser base in recent weeks following entry into an agreement with digital media platform operator EyeChronic.TV, and it expects to release its…

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TuesdayFeb 13, 2018 9:21 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Achieves Record-Breaking Revenues in January

PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced its revenues for January 2018, which marked the company’s highest monthly sales results thus far. Per the release, Diamond CBD recorded revenues of $2.19 million for the first month of 2018, marking a month-over-month increase of roughly 50 percent as compared to December’s total of $1.46 million. “We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year,” Richard Goulding, MD, CEO of PotNetwork, stated in the news release. “In 2017 we experienced steady growth and with…

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MondayFeb 12, 2018 9:53 am

HempNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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