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ThursdayJan 11, 2018 11:30 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Subsidiary Announces Launch of hempSMART™ Pain Cream

Marijuana Company of America, Inc. (OTC: MCOA), through wholly owned subsidiary hempSMART™, Inc., this morning announced the launch of hempSMART Pain Cream. Per the update, each bottle of hempSMART Pain Cream is formulated with 300mg of full spectrum non-psychoactive cannabidiol derived from industrial hemp. Utilizing a proprietary blend of Ayurvedic herbs, menthol, cayenne pepper extract, rosemary oil, aloe gel, white willow bark, arnica, wintergreen extract and tea tree oil, hempSMART Pain Cream provides what the company calls an immediate cooling and soothing sensation. “We are excited to announce the expansion of our hempSMART personal care product line to include pain…

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ThursdayJan 11, 2018 10:49 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Outlines Plans for Cannabis-Focused Token Offering

Payment solutions company Global Payout, Inc. (OTC: GOHE), through majority-owned subsidiary MoneyTrac Technology, Inc. (“MTRAC”), this morning announced that, by way of a variety of key strategic partnerships established in recent months, it has effectively positioned itself to move forward with the co-launch of its regulatory compliant token offering. Expected to launch in the first quarter of 2018, the token will be aimed at offering businesses in the booming cannabis industry an effective, decentralized payment system in an effort to combat the market’s longstanding payment restrictions. “MoneyTrac's primary objective has been, and will continue to be, to serve the legitimate…

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ThursdayJan 11, 2018 10:17 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Announces Plans to Accept Bitcoin Payments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced plans to begin processing payments in bitcoin. Per the update, this development goes beyond the current version of the company’s merchant app, which is available to state-licensed marijuana establishments. “The payment system will offer a unique Bitcoin payment option enabling consumers to easily use the digital currency to make purchases,” Sean Hullinger, chief legal officer of Medical Cannabis Payment Solutions, stated in the news release. “This process allows stores to accept not only electronic payments in US dollars, but also digital currency (instead of cash only).  We…

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ThursdayJan 11, 2018 9:44 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Adds Christopher Wolfenberg to Board of Directors

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced the appointment of Christopher Wolfenberg to its board of directors. Wolfenberg is currently a partner with the law firm Fasken Martineau LLP, having previously served as a partner with Norton Rose Fullbright. “MGX welcomes Mr. Wolfenberg to the Board of Directors,” Jared Lazerson, president and CEO of MGX, stated in the news release. “His experience in mining, energy, and technology sectors will serve to further strengthen our leadership team as we move forward in 2018 and beyond. As MGX grows the legal, finance…

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WednesdayJan 10, 2018 1:12 pm

NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Unveils Plans for New Cryptocurrency

Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC, this morning announced that it is negotiating to purchase a gold project with gold metal in the ground and prospecting licenses. IEG Holdings intends to utilize this gold resource to investigate creating its own gold metal-backed cryptocurrency, potentially offering loans and accepting loan repayments in the new blockchain-based currency. “Unlike Bitcoin, Ripple, Ethereum and Litecoin etc., IEGH's crypto currency is planned to be backed by gold metal and registered with the SEC as a security,” Paul Mathieson, chairman and CEO of IEGH, stated in…

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WednesdayJan 10, 2018 12:45 pm

NetworkNewsBreaks – ORHub, Inc. (ORHB) Receives $3.8M from Exercise of Warrants

Advanced medical software company ORHub, Inc. (OTC: ORHB) this morning announced that it has received gross proceeds of $3.86 million from the exercise of warrants prior to their expiration on December 31, 2017. The company previously announced a special exercise price of $0.35 for all series of warrants outstanding, and all warrants issued by the company have now been exercised or have expired, positioning ORHub’s capital structure for clean appreciation as revenues and earnings increase. “ORHub is privileged to have strong support from our investor community as demonstrated by the successful warrant exercise,” Colt Melby, CEO of ORHub, stated in…

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WednesdayJan 10, 2018 12:01 pm

NetworkNewsBreaks – Petrogress, Inc. (PGAS) Highlights Three Areas of Focus to Increase Growth in 2018

Diversified marine transport and offshore services company Petrogress (OTC: PGAS) sees 2018 as a year for growth in Ghana, Libya and Cypress. Jim Jimerson, who handles corporate affairs for the company, recently highlighted the company’s priorities for the year. An article discussing this reads: “Jimerson noted that PGAS is focused in 2018 on three priorities. First, the company wishes to consummate a contract in Ghana to give it more growth opportunities. Second, it sees exceptional opportunities for business initiatives to get in on the ground floor in Libya, a location Jimerson describes as being in PGAS’s “wheelhouse” in North Africa.…

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WednesdayJan 10, 2018 11:55 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) and Global Hemp Group Announce Results from First Phase of Industrial Hemp Project

Marijuana Company of America, Inc. (OTC: MCOA), alongside Global Hemp Group, Inc. (OTC: GBHPF) (CSE: GHG), this morning released a final report summarizing the first phase of the two companies’ industrial hemp project in New Brunswick, Canada. Per the update, the partners successfully cultivated industrial hemp during the 2017 growing season in an effort to ensure that the plant could be productive under New Brunswick growing conditions. In preparation for proposed changes to Canadian legislation that will permit cannabidiol extraction from industrial hemp, the partners have now turned their attention toward the next season of crops, with a minimum of…

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WednesdayJan 10, 2018 11:54 am

NetworkNewsBreaks – Skinvisible, Inc. (SKVI) and Quoin Pharmaceuticals to Provide Opioid-free Pain Relief Solution

Topical and transdermal product development company Skinvisible (OTCQB: SKVI), through its recently entered non-binding merger agreement with Quoin Pharmaceuticals Limited, is planning to create a solution to the opioid crisis that is currently plaguing America. An article discussing this reads: “In response to the substance abuse epidemic sweeping the nation, Congress passed the 21st Century Cures Act, which was signed into law by President Obama in December 2016. The legislation allocates over $1 billion to a variety of programs, some of which will attempt to wean patients away from addictive opium derivatives, a push unlikely to cause any degradation in…

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WednesdayJan 10, 2018 11:07 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Teams with Kevin Harrington to Launch National TV Campaign

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced a long-term global collaboration with Kevin Harrington, an original ‘shark’ on the hit TV show Shark Tank and creator of the ‘As Seen on TV’ industry. As part of this partnership, Harrington will work hand-in-hand with SinglePoint to launch a range of services in the company’s cryptocurrency division. “Kevin’s legendary work producing the launch of more than 500 products is just one of the many reasons we are thrilled about this partnership,” Wil Ralston, president of SinglePoint, stated in the news release. “Impressively, 20 of Kevin’s companies have each topped…

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