HempNewsBreaks

MondayJan 08, 2018 12:39 pm

HempNewsBreaks – SinglePoint, Inc. (SING) Serving Two Major Markets Through SingleSeed Subsidiary

Full-service mobile technology provider SinglePoint (OTC: SING) is engaged in providing solutions to the booming legal cannabis industry as well as the burgeoning cryptocurrency market. An article discussing this reads: “SinglePoint, through subsidiary SingleSeed, has established a proprietary credit-debit card payment processing platform that utilizes bitcoin rather than conventional bank-held currency. While not specific to any industry, with blockchain technology’s capability to create efficiencies in any sector, SinglePoint’s innovative SingleSeed app is designed to provide an alternative payment solution to the unbanked cannabis market. The platform, soft-launched last November with expected full launch in the first quarter of 2018, was…

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MondayJan 08, 2018 12:34 pm

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) CEO Recaps 2017 Highlights

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, this morning announced the release of a 2017 year-end summary penned by CEO Chris Bunka. The release highlights what Bunka refers to as Lexaria’s “busiest and most productive” year to date, including details about the company’s progress toward strengthening its balance sheet, ongoing research and development efforts related to its patented DehydraTECH™ absorption and palatability enhancing technology, its preparations for increased demand in both Californian and Canadian markets and its ongoing efforts to strengthen its intellectual property portfolio. Bunka…

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MondayJan 08, 2018 12:28 pm

HempNewsBreaks – NeutriSci International Inc. (TSX-V: NU) (OTCQB: NRXCF) (FRANKFURT: 1N9) Enters Research and Development MOU with Scientus Pharma Inc.

NeutriSci International (TSX-V: NU) (OTCQB: NRXCF) (FRANKFURT: 1N9) this morning announced that it has entered into a major research and development (R&D) Memorandum of Understanding (“MOU”) with Scientus Pharma Inc. In accordance of the terms set forth in the MOU, the two companies have agreed to share their technologies to develop, test, produce, and distribute a medical cannabinoid product for current retail distribution networks throughout Canada. "This Scientus Pharma partnership helps position us at the forefront of developing new and innovative cannabinoid based medical products in Canada. Scientus Pharma, along with its existing partnerships, is sure to be a dominant…

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MondayJan 08, 2018 11:56 am

HempNewsBreaks – Grey Cloak Tech, Inc. (GRCK) Launches CBD TV YouTube Channel

Grey Cloak Tech, Inc. (OTCQB: GRCK) this morning announced the launch of its brand new YouTube channel, CBD TV, which will feature content such as educational videos on CBD, in-house staff video reviews of products found on CBD.co and interviews with some of the top executives in the CBD and hemp arenas. Per the update, CBD TV, which can be visited at www.CBD.co/tv, will be one of the chief communication tools for the Grey Cloak family of companies moving forward. “Frankly, there is no “go-to” source of reliable information on CBD or hemp on the web. Thus, it’s a great…

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MondayJan 08, 2018 11:04 am

HempNewsBreaks – Medical Cannabis Payment Solutions (REFG) Issues Response following Attorney General’s Decision to Rescind Cole Memo

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning issued a response to Attorney General Jeff Sessions’ decision to rescind the Cole Memo and other internal enforcement guidelines from the Obama Administration that deprioritized enforcement of federal marijuana prohibition against individuals and businesses complying with state laws regarding marijuana. “Our company relied on the Cole Memo and the supplementary Treasury Department guidance in our company’s business strategy,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “We also rely on the protections of the Rohrabacher-Farr Amendment. We believe that while the Cole Memo…

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FridayJan 05, 2018 12:00 pm

HempNewsBreaks – Skinvisible, Inc. (SKVI) Could Create Non-opioid Pain Solution for Rising Population of Senior Citizens

Skinvisible (OTCQB: SKVI), a topical and transdermal product development company, recently entered a non-binding merger with Quoin Pharmaceuticals Limited. The two companies are expected to deliver a non-opioid solution to pain sufferers. An article discussing this reads: “Health professionals are preparing for an expected doubling of the 65 years and older population within the next 30 years, creating medical need to address the pain that often becomes a prevalent companion to age. While modern pharmaceuticals have developed opioids and non-steroidal therapies for reducing chronic pain, the drugs are often accompanied by addiction and unwanted side effect concerns. However, Skinvisible, Inc.’s…

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FridayJan 05, 2018 10:19 am

HempNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Names New Chief Marketing Officer

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced its appointment of Sung Kang as its new chief marketing officer, effective January 8, 2018. Kang brings more than 17 years of marketing experience to the ABcann team, having previously served as the head of marketing for the Mike’s Beverage Company, Canada’s leading ready-to-drink and cider business. “Sung is a great addition to the leadership team,” Barry Fishman, CEO of ABcann, stated in the news release. “We believe his marketing expertise combined with his experience in the alcohol and consumer health industries will prove invaluable to ABcann’s future growth. He…

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ThursdayJan 04, 2018 12:48 pm

HempNewsBreaks – Medical Cannabis Payment Solutions (REFG) Launches Cure for Cannabis Industry’s Banking Blues

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced the launch of Green, its best-in-class payment system for state-sanctioned cannabis. Previously called StateSourced, Green allows state-licensed cannabis establishments to electronically transact payments and complete sales with just a few clicks. “What we’re launching is the very literal cure for the banking nightmare cannabis establishments face,” Jeremy Roberts, CEO of Medical Cannabis Payment Solutions, stated in the news release. “This checks every box, from regulatory compliance, security, affordability, ease of use, integration—you name it, we’ve responded… This doesn’t function like a merchant account, it is one.  And…

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ThursdayJan 04, 2018 11:35 am

HempNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Begins Trading on OTCQX Best Market

OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, this morning announced that Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), a biosciences company that has developed delivery technologies to improve absorption of bioactive compounds, has qualified to trade on the OTCQX® Best Market. Subsequently, Lexaria has upgraded from the OTCQB® Venture Market, beginning today. “Lexaria has made notable progress over the past twelve months in all aspects of its business, and will receive even more recognition by upgrading to OTCQX,” Chris Bunka, chief executive officer of Lexaria, stated in the news release. “Lexaria…

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ThursdayJan 04, 2018 11:31 am

HempNewsBreaks – DOJA Cannabis Company Ltd. (CSE: DOJA) (OTC: DJACF) Northern Lights Subsidiary Making Strides Toward Sales License

Premium cannabis lifestyle brand DOJA Cannabis Company’s (CSE: DOJA) (OTC: DJACF) wholly owned subsidiary, Northern Lights Marijuana Company, is a Health Canada licensed cannabis producer on the track to gain a Sales License. An article discussing the company reads: “DOJA’s initial cannabis harvest, produced under the Access to Cannabis for Medical Purposes Regulations (ACMPR) license held by its subsidiary, Northern Lights Marijuana Company, will be inspected by Health Canada regulators as the last step before a Sales License can be awarded. Once DOJA passes this major milestone and receives its Sales License, the company can begin selling cannabis and position…

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