HempNewsBreaks Archive - Page 242 of 262

ThursdayOct 12, 2017 9:23 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Subsidiary Records 20.9% Monthly Revenue Growth in August, Strengthens Advisory Board

PotNetwork Holding, Inc. (OTC: POTN) this morning announced that its wholly owned subsidiary, Diamond CBD, Inc., achieved record-breaking revenues for the month of August. Diamond CBD’s August revenues totaled $1.76 million, marking an increase of 20.9 percent over the prior month. “As the summer comes to a close, we continue to be very happy with our growth on every level,” Maria Gomez, regional vice president of sales for Diamond CBD, stated in the news release. “In consideration of our recent trend of monthly record breaking growth, we prepare for a whole new level of corporate growth.” In a separate news…

WednesdayOct 11, 2017 2:35 pm

HempNewsBreaks – Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) Sharpens Focus on Potentially Game-Changing Sustained Release Cannabinoid Formulation

Licensed Canadian cannabis cultivation company Emblem Corp. (TSX.V: EMC) (OTC: EMMBF) recently entered into a collaboration and licensing agreement with Canntab Therapeutics Limited to collaborate on the preclinical formulation, clinical development, regulatory approval, manufacturing and commercialization of Canntab’s patent-pending oral sustained release cannabinoid formulation. The agreement grants Emblem the exclusive right to Canntab’s patents and expertise in Canada to develop, commercialize, use, sell and offer—but not import or export—the product, which will be sold under the Emblem brand. An article discussing this reads: “For pharmaceutical ingredients that are typically short-acting, like cannabinoids, sustained release formulations enable dosage schedules that are…

WednesdayOct 11, 2017 2:34 pm

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Scales Up in Preparation for Canada’s Impending 2018 Recreational Cannabis Legalization

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) was one of the first companies to obtain a cannabis production license in Canada, and it continues going strong among the country’s limited number of licensed growers—only 62 to date. The company’s high-tech indoor growing environment—with every facet of the growing, curing and harvesting process controlled and monitored by computer—yields a high-quality product that is clean, steady and repeatable—something the company can effectively leverage should recreational cannabis legalization go through in 2018. An article discussing this reads: “Focused on scaling its operations and distinguishing itself through its proprietary organic and pesticide-free growing technology,…

WednesdayOct 11, 2017 10:04 am

HempNewsBreaks – ChineseInvestors.com, Inc. (CIIX) Launches Cryptocurrency Daily Video Newscast

Market analysis company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced the launch of the first cryptocurrency daily video newscast in the Chinese language broadcast from the NYSE. Titled ‘Bitcoin Multimillionaire’, the video newscast aims to provide timely information and analysis regarding all aspects of the emerging digital currency world. “Many Chinese investors are seeking information and education related to the cryptocurrency sector,” Warren Wang, founder and CEO of CIIX, stated in the news release. “Similar to U.S. stocks, as the price of digital currency, such as Bitcoin, continues to increase, Chinese people all over the world are taking notice and…

WednesdayOct 11, 2017 9:37 am

HempNewsBreaks – SinglePoint, Inc. (SING) Announces Completion of $4M Funding Round

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced the completion of a $4 million round of funding, $1.2 million of which has already been collected. This total includes a $600,000 investment from United American HealthCare Corp. (OTC: UAHC). With this funding in place, SinglePoint is positioned to aggressively develop and complete its bitcoin payments solution while pursuing additional acquisition opportunities in the thriving cannabis industry. “After months of negotiation, we are beyond excited to close this deal and go after some larger deals that we have in our pipeline,” Greg Lambrecht, CEO of SinglePoint, stated in the news…

TuesdayOct 10, 2017 2:46 pm

HempNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Finalizing JV Partnership Aimed at Bringing Banking Solutions to the Cannabis Industry

Payment solutions company Global Payout, Inc. (OTC: GOHE) today announced that MoneyTrac Technology, Inc., its majority-owned subsidiary, is currently in the final stages of facilitating an exclusive joint venture partnership agreement aimed at bringing effective banking solutions to businesses operating in the rapidly expanding cannabis industry. The company anticipates significant revenue earning opportunities to stem from this agreement upon its final execution. “The potential surrounding the anticipated completion of this Joint Venture is absolutely huge for our MoneyTrac Technology brand,” MoneyTrac CEO James Hancock stated in the news release. “MoneyTrac was launched almost exclusively to address the many different challenges…

TuesdayOct 10, 2017 1:14 pm

HempNewsBreaks – Grey Cloak Tech, Inc.’s (GRCK) Acquisition Target Eqova Debuts New CannaBio Salve at Denver’s Integrative Medicine Summit

Grey Cloak Tech (OTC: GRCK) this morning said that Eqova Live Sciences, the company’s acquisition target, exhibited at Denver's Integrative Medicine Summit in Denver, Colorado, on October 7, 2017. Grey Cloak signed a Letter of Intent to acquire Eqova Life Sciences on September 19, 2017. Eqova Life Sciences develops clinical grade Full Spectrum Hemp Oil products that are sold exclusively through partnerships with licensed medical practitioners to use with their patients. Eqova debuted its new CannaBio Salve, an innovative topical salve with several aromatic natural oils, at the summit, which was attended by over 200 medical professionals. Eqova was the…

TuesdayOct 10, 2017 11:55 am

HempNewsBreaks – SeeThruEquity Issues Update on ChineseInvestors.com, Inc. (CIIX)

SeeThruEquity has updated its coverage and maintained its price target of $3.75 on shares of ChineseInvestors.com, Inc.’s (OTCQB: CIIX) stock. Among other highlights, the analyst noted the company’s recently released financial results for the full year fiscal 2017. The company reported revenue growth of 75.9% over 2016, with revenues dramatically increasing in both its investor relations and subscription services segments. The analyst also noted the company’s firm focus on the emerging cannabidiol (CBD) health products market. CIIX has high expectations for its wholly owned foreign subsidiary CBD Biotechnology Co. Ltd.’s new "CBD Magic Hemp" skin care line. CBD Biotechnology recently…

TuesdayOct 10, 2017 10:40 am

HempNewsBreaks – Marijuana Company of America (MCOA) and Global Hemp Group Enter Letter of Intent to Form Joint Venture with Space Cowboys, Inc.

Marijuana Company of America (OTC: MCOA) and Global Hemp Group (OTC: GBHPF) (CSE: GHG) this morning announced their entry into a letter of intent with licensed cannabinoid producer Space Cowboys, Inc. for the purposes of forming a joint venture. Per the terms of the agreement, the two companies will invest $2.5 million in exchange for a 25 percent equity interest in Space Cowboys, subject to their ability to obtain sufficient funding. These funds will be used to expand Space Cowboys’ cultivation operations in an effort to better capitalize on the strong demand for cannabinoid-based products within Colorado’s established legal cannabis…

TuesdayOct 10, 2017 10:15 am

HempNewsBreaks – PotNetwork Holding, Inc. (POTN) Announces Appointment of Dr. Michael McKenzie to Advisory Board

PotNetwork Holding, Inc. (OTC: POTN) this morning announced its appointment of Dr. Michael McKenzie, an industry-leading physician, to its advisory board, effectively furthering its strategy centered on formulating, producing and marketing a spectrum of exclusive and diversely targeted cannabidiol blends. As noted in this morning’s update, Dr. McKenzie has positioned himself at the forefront of the medical marijuana industry by gaining a keen understanding of cannabis and its specific impact on a number of unique illnesses. “Dr. McKenzie is going to be an invaluable addition to our team. He has already been very instrumental in providing valuable guidance, and has…

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