CannabisNewsBreaks Archive - CannabisNewsWire

FridayMay 25, 2018 12:54 pm

CannabisNewsBreaks – Earth Science Tech, Inc. (ETST) Pursues Growth Through Product Development, Joint Ventures and Acquisitions

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields as well as medical devices and research and development, is poised to gain its share of the ever-growing cannabis sector. An article discussing the company reads: “To enter this brave new world of cannabis liberalization, ETST is developing a portfolio of new products while aggressively pursuing growth through joint ventures and acquisitions. In this vein, newly created division Cannabis Therapeutic Inc. will develop proprietary cannabinoid-based nutraceuticals and pharmaceutical products based on an existing CBD patent. The company continues its activities in the…

FridayMay 25, 2018 10:03 am

CannabisNewsBreaks – Medical Cannabis Payment Solutions (REFG) Acquires Two New Marijuana Strains, Pursues Additional Cultivation Licenses

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that it has acquired two marijuana strains called GrapeApe and Birthday Cake from the strains’ creator. GrapeApe, an indica strain, has tested at approximately 33 percent THC by volume. Birthday Cake is a sativa strain that is approximately 15 percent THC and 15 percent CBD by volume. REFG also said that it intends to obtain additional licenses for marijuana cultivation via its newly-acquired subsidiary, SpeedyGrow. The company will also work to develop licensing agreements with other state-sanctioned cannabis businesses. Additionally, the company announced that it has passed…

FridayMay 25, 2018 9:50 am

CannabisNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Set to Release 1Q18 Financial Results on May 30, 2018

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced plans to release its first quarter 2018 financial results after market close on Wednesday, May 30, 2018. Per the update, the company’s executive management team will discuss the results during a conference call on Thursday, May 31, 2018, at 11:00 am Eastern Time. Those interested in participating in the call may do so by dialing 1-800-319-4610 or 604-638-5340. An audio replay will be made available shortly after the conclusion of the call for a period of two weeks. To access this replay, interested parties should dial 1-855-669-9658…

FridayMay 25, 2018 9:24 am

CannabisNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Meetings with New York Investment Bankers in Interview on MoneyTV

SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint CEO Greg Lambrecht discussed the promising meetings the company had with investment bankers in New York this week. “We were in New York talking to investment bankers about raising 5 to 10 million dollars to follow up some of our acquisitions and that went extremely well,” SinglePoint CEO Greg Lambrecht stated in the interview. “We've got our plate full and SinglePoint is moving in…

ThursdayMay 24, 2018 10:46 am

CannabisNewsBreaks – Global Payout, Inc. (GOHE) Release Highlights MoneyTrac Technology’s New Website, Demo Room

MoneyTrac Technology, Inc., a company in which Global Payout, Inc. (OTC: GOHE) currently holds stake in, this morning announced it has added a demo room to its new Las Vegas, NV office to showcase its MTRAC Kiosk to potential merchants. MoneyTrac has hosted multiple demos for the kiosk in its San Diego location and anticipates the Las Vegas office to become its predominant location for MTRAC Kiosk demos in the future. MoneyTrac also announced it the launch of its new website, www.MoneyTracTechnology.com. “With our MTRAC system being something that is truly first-of-its-kind, we have come to recognize that it is…

ThursdayMay 24, 2018 10:38 am

CannabisNewsBreaks – EVIO, Inc. (EVIO) Announces Launch of EVIO Biosciences Division

EVIO, Inc. (OTCQB: EVIO), a leading provider of cannabis testing and scientific research for the regulated cannabis industry, this morning announced the launch of its EVIO Biosciences Division. Per the update, the new division, which will be led by Dr. Anthony Smith, chief science officer of EVIO, will allow the company to leverage its scientific and human capital expertise to focus on the development of intellectual property and research. The division’s goals encompass emerging health benefits and advanced delivery modes for cannabinoids and cannabis products targeting the human endocannabinoid system. “We are expanding the life sciences part of the company…

WednesdayMay 23, 2018 3:32 pm

CannabisNewsBreaks – Medical Marijuana, Inc. (MJNA) Reports Q1 2018 Financial Results

Medical Marijuana, Inc. (OTC: MJNA) this morning announced that the company and its subsidiaries, Kannaway® and HempMeds®, have achieved the largest-ever sales revenue quarter in their history during Q1 2018. The company also reached major milestones in its business operations, including immense expansion and continued growth demonstrated by its HempMeds subsidiary and continued growth in Europe by its Kannaway subsidiary. Per the update, the company’s first quarter revenues surpassed $10.5 million, an increase of more than 190% over the same period of the previous year. Total gross profits for Q1 2018 also recognized an increase of more than 30% as…

WednesdayMay 23, 2018 1:18 pm

CannabisNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Posts Update on Forward Stock Split

PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H), a health sciences company aiming to become a preventive health sciences leader, today announced that, in accordance with the shareholder-approved forward stock split of its issued and outstanding common shares on the basis of five new shares for each existing share, the company's shares have begun trading today on the Canadian Securities Exchange on an "ex-distribution" basis. Per the update, the record date for the stock split has been set at May 24, 2018. To view the full press release, visit http://cnw.fm/th4Gt About PreveCeutical Medical Inc. PreveCeutical is a health sciences…

WednesdayMay 23, 2018 11:31 am

CannabisNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Subsidiary Secures Manufacturing Facility in California

Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned U.S. subsidiary, Pivot Naturals LLC, ("PNL"), has entered a lease agreement for a manufacturing facility in Costa Mesa, California's Measure "X" Zone. PNL will immediately submit applications to acquire a Marijuana Business Permit, Conditional Use Permit and Business License. Businesses that meet the requirements to operate in Costa Mesa's Measure "X" Zone can establish research and development and testing laboratories and are permitted to conduct wholesale medical marijuana distributing, manufacturing, processing and transporting. The company intends to use the building as a state-of-the-art GMP manufacturing…

WednesdayMay 23, 2018 10:45 am

CannabisNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Launches New Medical Cannabis Brand

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the launch of its new medical cannabis brand, Beacon Medical. The company developed the brand based on a deep consumer understanding that it obtained through an exclusive study of 1,500 Canadians. The study showed that consumers needed a brand that makes the process of obtaining and using medical cannabis easier to navigate. Beacon Medical intends to help patients and their healthcare provider find the best treatment option amid the complex medical cannabis market by providing excellent customer service, simple registration and product classification, efficient purchasing and pharmaceutical-grade products. The full…

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