HempNewsBreaks

TuesdayJul 18, 2017 9:00 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Awarded Australian Patent Protecting Cannabis Infused Edibles

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) this morning announced that the Australian Patent Office has granted patent #2015274698, which protects Lexaria’s method of improving absorption, speed of onset and taste of cannabinoid active agents in edible products. The term of the patent is 20 years from June 10, 2015. “We are very pleased to have received this patent which effectively covers all cannabis oil extract formulated edibles utilizing our technology in Australia,” Chris Bunka, CEO of Lexaria, stated in the news release. “This patent award allows us to confidently enter the recently legalized Australian cannabis marketplace where we will…

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MondayJul 17, 2017 2:55 pm

HempNewsBreaks – Algae Dynamics Corp. (ADYNF) is Revolutionizing Plant-Based Therapeutics for a Range of Ailments

Algae Dynamics Corp. (OTC: ADYNF) has developed a unique strategy of producing a variety of products that combine the health benefits of both algae and cannabis oils. The synergistic effects of the two plant-based remedies hold tremendous promise, and the ability to sell and cross market the products to health conscious consumers gives the company real competitive advantages. A recent HW article highlights the company’s progress in this innovative endeavor and notes key partnerships established to achieve its corporate goals: “With an ongoing commitment to science, Algae Dynamics has engaged two Canadian universities to perform research and product development into…

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MondayJul 17, 2017 2:10 pm

HempNewsBreaks – SinglePoint (SING) Serves Legal Cannabis Market with Bitcoin Payment Solution; Invests in Equipment, Consulting Space

SinglePoint, Inc. (OTC: SING) is serving up prime opportunities for investors as it expands its array of offerings for the legal cannabis market—all without ever touching the marijuana plant. Many savvy investors are jumping aboard the cannabis bandwagon, and SinglePoint is involved in two of the most promising investment options currently available in that market: bitcoin digital currency as a solution for currently “unbankable” marijuana businesses and hydroponics products and consulting for marijuana growers. “More and more investment opportunities are arising in the legal cannabis industry, and SinglePoint is poised to be a major player. Through its subsidiary, SingleSeed (www.SingleSeed.com),…

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FridayJul 14, 2017 12:11 pm

HempNewsBreaks – MassRoots, Inc. (MSRT) Shares Fall on Close of Odava Acquisition

Shares of MassRoots (OTCQB: MSRT) dipped 9% after the company this morning said it has closed the previously announced acquisition of Odava, Inc. in exchange for cash and common stock consideration. Following the acquisition, the company is now able to offer dispensaries a complete suite of software to manage their regulatory compliance, restructure their supply chain, and develop consumer loyalty programs. "The Odava acquisition diversifies our revenue streams while also enabling the platform integrations necessary to effectively monetize MassRoots' audience," MassRoots chief executive officer Isaac Dietrich stated in the news release. To view the full press release, visit: http://nnw.fm/u2GMT About MassRoots…

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FridayJul 14, 2017 9:23 am

HempNewsBreaks – India Globalization Capital, Inc. (NYSE: IGC) Reports Financial Results for Fiscal Year Ended March 31, 2017

India Globalization Capital, Inc. (NYSE MKT: IGC), a developer of cannabis-based therapies to treat a variety of life-altering conditions, this morning announced its financial results for the fiscal year ended March 31, 2017. “In fiscal 2017, our major accomplishments include the advancement of our phytocannabinoid patent filing portfolio to large market indications,” Ram Mukunda, CEO of IGC, noted in the news release. “And in order to keep this focus on the medical cannabis industry, we disposed of our low-margin iron ore and electronic trading businesses, and retired about 10% of our outstanding common stock; thus reducing revenue, PP&E, and stockholder’s…

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WednesdayJul 12, 2017 12:06 pm

HempNewsBreaks – ABcann Global Corporation (TSXV: ABCN) (OTC: ABCCF) Lists Common Shares on OTCQB Venture Market and Frankfurt Stock Exchange

ABcann Global Corporation (TSXV: ABCN) (OTC: ABCCF) this morning announced that its common shares have been approved for trading on the OTCQB Venture Market, under the symbol ‘ABCCF’, and on the Frankfurt Stock Exchange, under the symbol ‘23Q’. The company’s common shares will also continue to trade on the TSX Venture Exchange under the symbol ‘ABCN’. The company expects that these listings will provide a number of long-term benefits, including greater visibility and convenience for investors in the United States and Europe. As a result of this expanded base of potential shareholders, ABcann will likely benefit from enhanced liquidity moving…

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MondayJul 10, 2017 10:09 am

HempNewsBreaks – ABcann Global Corporation (TSXV: ABCN) Enters Definitive Agreement for $15 Million Investment

ABcann Global Corporation (TSXV: ABCN) this morning announced the signing of a definitive subscription agreement with Cannabis Wheaton Income Corp. (TSXV: CBW). Under the terms of the deal, Cannabis Wheaton has agreed to purchase $15 million of ABcann common shares at an agreed-upon valuation of $2.25 per share. Completion of this first subscription, which forms part of a larger phased investment by Cannabis Wheaton, is expected to occur by July 31, 2017, subject to customary closing conditions. “We are pleased to move forward with the initial funding phase of our partnership with Cannabis Wheaton and to welcome them as new…

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MondayJul 10, 2017 9:11 am

HempNewsBreaks – InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Enters Research and Development Collaboration with ATERA SAS

Preclinical stage biopharmaceutical company InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) this morning announced its entry into a research and development collaboration with ATERA SAS of France, a leading tissue engineering company specializing in the development of advanced human tissue models. Under the terms of the agreement, ATERA will develop 3D human skin models of Epidermolysis Bullosa (EB) to be used in the evaluation of INM-750, InMed’s proprietary topical cannabinoid product candidate targeted as a therapy in EB and other potential dermatological and wound-healing applications. “INM-750 has demonstrated significant potential in pre-clinical models to address symptomatic improvement of EB including…

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ThursdayJul 06, 2017 12:47 pm

HempNewsBreaks – MassRoots, Inc. (MSRT) Shares Rise on Acquisition of Odava Compliance Platform

MassRoots (OTCQB: MSRT) shares are up 8% mid-day on news that the company has entered a definitive agreement to acquire Odava, Inc. for cash and shares of MassRoots’ common stock. Odava is a platform technology company that delivers compliance, point-of-sale, and supply chain management to streamline business operations for the cannabis industry. "We expect with MassRoots' resources and relationships, we can grow the number of dispensaries utilizing Odava from dozens to hundreds by early next year. In the near future, we believe a significant percentage of all transactions occurring in the regulated cannabis industry will occur on our platform," MassRoots…

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ThursdayJul 06, 2017 10:21 am

HempNewsBreaks – ABcann Global Corporation (TSXV: ABCN) Included in the Horizons Medical Marijuana Life Sciences ETF

ABcann Global Corporation (TSXV: ABCN) yesterday announced its inclusion in the Horizons Medical Marijuana Life Sciences ETF (TSX: HMMJ). The ETF is a first-of-its-kind index offering investors direct exposure to a basket of North American life sciences companies with significant business activities in the medical marijuana sector. “The Horizons ETF represents a new type of investment, a fund that tracks an industry in which there is considerable interest but which had no prior investment vehicle through which investors could gain broad exposure,” Aaron Keay, CEO of ABcann, stated in the news release. “Our inclusion in the ETF represents an important…

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