HempNewsBreaks

MondayNov 20, 2017 8:43 am

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Reports Q2 2018 Financial Results

India Globalization Capital (NYSE American: IGC) today reported financial results for the second quarter ended September 30, 2017, as well as an overview of recent operational highlights. The company’s legacy division which consists of rental of heavy equipment, commodities trading, and real estate management delivered revenue of $235,648 for the three months ended September 30, 2017, a sharp increase compared to $162,163 for the three months ended September 30, 2016.  The increase was primarily driven by increased volume of business. At the end of the second quarter, the company’s cash and cash equivalents along with restricted cash was $597,026 and…

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FridayNov 17, 2017 9:21 am

HempNewsBreaks – Why Medical Cannabis Payment Solutions (REFG) is “One to Watch”

Anyone familiar with the legal cannabis markets knows one of the most critical bottlenecks is payment and payment processing. Medical Cannabis Payment Solutions (OTC: REFG) is intent on opening the bottleneck with its proprietary merchant processing system designed to serve the monetary demands of the state-legalized cannabis market. A recent article provides an overview of what may be the next big thing in the marijuana business. The article says that, “Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of…

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FridayNov 17, 2017 8:55 am

HempNewsBreaks – Marijuana Company of America, Inc. (MCOA) Offers Diverse Portfolio in Cannabis Market

A diversified approach is often the best path to investment success, especially in the burgeoning cannabis and hemp markets. With a portfolio of operating subsidiaries, partnerships and joint ventures, Marijuana Company of America (OTC: MCOA) offers investors broad diversification guided by experienced and savvy management. More comprehensive information can be found in a recent article which states, “A new report from market analyst the Brightfield Group, featured in Forbes (http://cnw.fm/p4SlF), estimates that global sales of cannabis will climb to $31.4 billion by 2021. The U.S., which “currently drives 90 percent of global cannabis sales,” will dominate this international business. In…

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FridayNov 17, 2017 8:16 am

HempNewsBreaks – AV1 Group, Inc. (AVOP) Noteworthy Amid Growing Cannabis Industry

As a number of cannabis-related sectors prepare for what is expected to be exponential growth, AV1 Group (OTC: AVOP) is building its focus of identifying, securing and monetizing companies with emerging growth potential. An article discussing this reads: “AV1 Group explores every opportunity to help each sector exceed its revenue goals while building close, active working relationships as it prepares each respective division to be a robust competitor within the various chosen markets. … AV1 Group’s business model delivers an advantage with internally-created projects that are poised for revenue generation and a cross-company revenue platform that enables the company to…

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ThursdayNov 16, 2017 12:49 pm

HempNewsBreaks – Global Payout, Inc.’s (GOHE) MTRAC Subsidiary Advances Cryptocurrency Token Development with Pegasus Fintech

Global Payout (OTC: GOHE) said today that its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary continues to make noteworthy progress with Pegasus Fintech, Inc. on their collaboration to develop a cryptocurrency token for the cannabis industry. In October, MTRAC announced the establishment of the strategic partnership to create a token that will deliver an effective option for transaction processing in the cannabis industry. The companies also aim to create a level of effective transparency in an industry where tracking transactions is a critical part of assuring compliance. MTRAC and Pegasus intend to complete all the required due diligence to meet the requirements…

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ThursdayNov 16, 2017 12:11 pm

HempNewsBreaks – Skinvisible (SKVI) Inks Licensing Agreement for Distribution of Topical Cannabis Products in Select U.S. Markets

Pharmaceutical solutions researcher Skinvisible Pharmaceuticals, Inc. (OTCQB: SKVI) this morning said its Ovation Science subsidiary has reached a licensing agreement with Cannabiniers, a subsidiary of Lighthouse Strategies, LLC, to distribute Skinvisible’s patented Invisicare transdermal drug-delivery technology to select markets in the United States where medical cannabis products have been legalized. "We are excited to have Cannabiniers as a partner in the U.S. cannabis market. They are branding experts and have the vision and infrastructure to take Ovation's cannabis products across the United States," Skinvisible President Terry Howlett stated in the press release. "Leveraging Cannabiniers branding strategies, we have the ability to…

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ThursdayNov 16, 2017 11:58 am

HempNewsBreaks – Algae Dynamics Corp. (ADYNF) Receives Grant from Mitacs for Cannabis Research Collaboration

Innovative biotech company Algae Dynamics Corp. (OTCQB: ADYNF) this morning said the company, together with the University of Western Ontario, received project funding in the form of a C$400,000 grant from Mitacs, a Canadian not-for-profit organization. The company previously announced a research agreement with the University of Western Ontario to examine the role of specific phytochemicals in marijuana for the development of novel mental health therapies. The grant will support the collaborative project to identify and produce specific cannabinoid oil formulations with ratios that selectively target symptoms associated with these specific diseases. “This grant provides tremendous support to our sponsored…

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ThursdayNov 16, 2017 9:13 am

HempNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Presenting at Cannabis-Based Science & Medicine Conference

InMed Pharmaceuticals (CSE: IN) (OTCQB: IMLFF) this morning said that it will be presenting twice at the Biopharma Forum on 'Cannabis-Based Science & Medicine' conference. The company will present on Thursday, November 30 and Friday, December 1 at the conference taking place in Denver, CO. The company’s chief scientific officer, Dr. Sazzad Hossain, will be presenting a lecture titled "Epidermolysis to Glaucoma - Identifying Pathology Candidates for Cannabis-Based Treatments." Among other areas of interest, the lecture will shine a light on InMed’s methods of identifying disease targets for cannabinoid compound treatments. To view the full press release, visit http://cnw.fm/9nvGz About…

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ThursdayNov 16, 2017 8:26 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Achieves 42% Month-Over-Month Revenue Growth in October

PotNetwork Holding (OTC: POTN) this morning announced that Diamond CBD, Inc., the company’s wholly owned subsidiary, reported revenues for October of nearly $1.7 million. The strong results surpass September’s revenues by 42%. Additionally, the company recently reported third quarter revenues of $4,444,800.00, a 29% increase from the second quarter. “It’s exciting that our sales continue to strengthen. With our continuing strategy in place, we approach the end of the year with great anticipation,” PotNetwork Holding chief executive officer Richard Goulding, MD stated in the news release. To view the full press release, visit http://cnw.fm/EZ0zl About PotNetwork Holding, Inc. PotNetwork Holding,…

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WednesdayNov 15, 2017 2:03 pm

HempNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Aims to Create CBD Marketplace with Purchase of CBD.co Domain

Grey Cloak Tech (OTCQB: GRCK) announced today that is has purchased the domain CBD.co. with an objective to create a media destination and primary marketplace for all types of hemp products, with a particular focus on cannabidiol (“CBD”) products. The company intends to make CBD.co the solution to a large division in the market, as major advertising companies currently do not allow CBD products on their platforms. CBD.co aspires to become the centralized, third-party marketplace available for producers and consumers of hemp products. To view the full press release, visit http://cnw.fm/z04vL About Grey Cloak Tech Inc. Grey Cloak develops advanced…

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