NetworkNewsBreaks

WednesdayApr 04, 2018 10:04 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Proprietary Green Platform Now Available to State-licensed Marijuana Establishments

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning said that its banking and financial processing system is currently available to state-licensed marijuana establishments that can sign up via its website. The company’s Green platform is a proprietary, integrated payment solution for customers and licensed medical cannabis establishments. Green also delivers adherence to reporting systems to maintain merchant compliance as well as electronic security for both customers and merchants. “As we’ve stated in previous announcements, we continue to believe our best-in-class security, regulatory compliance and pricing give us a huge competitive advantage,” Medical Cannabis Payment Solutions CEO…

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WednesdayApr 04, 2018 10:04 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Announces Addition of SecurCapital Corp. Executives to BrickEX Advisory Board

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its SecurCapital Corp. supply chain finance subsidiary, this morning announced that SecurCapital CEO Stephen Russell and President Bill Rochfort have joined the advisory board of BrickEX, serving as advisors to the ICO founding team. Per the update, BrickEX is an open, decentralized real estate cryptocurrency exchange targeting the $217 trillion global real estate market. Leveraging blockchain technology, BrickEX tokens and innovative smart contracts, the BrickEX platform aggregates real estate listings online, allowing owners to seamlessly list and exchange real estate assets. “The BrickEX leadership team has already demonstrated blockchain and crypto…

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WednesdayApr 04, 2018 9:26 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Posts Product Development Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning issued a corporate update regarding the progress of its bio-cannabis product pipeline. Per the update, a 1% CBD Oral Micelle Solution developed in Germany is set to market and the company has completed development of two topical creams that employ its patented formulation and delivery systems. Pivot anticipates that it will have numerous products available for sale in Canada on the date legalization officially begins. The company also expects to begin sales in California as of the third quarter 2018, including the launch of its proprietary…

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WednesdayApr 04, 2018 9:22 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Announces Drill Results from Woods Extension Zone

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) this morning announced additional drill results from the Woods Extension Zone of Cobalt South in the Canadian Cobalt Camp. Per the update, cobalt mineralization has been identified in breccia zones as well as faults, reflecting a complex structural setting that warrants further drilling. “We remain encouraged by the cobalt potential of the Woods Extension Zone,” Trent Mell, president and CEO of First Cobalt, stated in the news release. “Broad breccia areas have not been seen previously at either the Frontier or Keeley Mines and new fault zones continue…

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TuesdayApr 03, 2018 3:13 pm

NetworkNewsBreaks – GlycoMimetics, Inc. (NASDAQ: GLYC) to Present New Preclinical Data at AACR Annual Meeting 2018

GlycoMimetics (NASDAQ: GLYC) recently said that it will present preclinical research suggesting the vast potential of two of its drug candidates, GMI-1271 and GMI-1359, via poster presentations at the American Association for Cancer Research (“AACR”) Annual Meeting 2018 taking place April 16-18 in Chicago, Illinois. The data to be presented shows the potential of GMI-1359 in treating osteosarcoma and other cancers and the potential to expand the use of GMI-1271 in patients with acute myeloid leukemia (“AML”) who are unfit for chemotherapy. “The new preclinical studies indicate a greater range of opportunities to potentially use our drug candidates to treat…

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TuesdayApr 03, 2018 3:09 pm

NetworkNewsBreaks – Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF) and CanniMed Therapeutics Inc. (TSX: CMED) Name Interim CEO of CanniMed

Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF), together with CanniMed Therapeutics Inc. (TSX: CMED), recently announced that Brent Zettl has resigned from his position as CEO of CanniMed. Andrċ Jérôme was appointed as interim CEO and Zettl will remain available to CanniMed and Aurora in an advisory capacity to assist during the integration period. This update comes as Aurora nears the completion of the acquisition of all the outstanding shares of CanniMed. "The integration of Aurora and CanniMed is well underway, and we anticipate updating the market frequently on developments as CanniMed is aligned with the Aurora Standard and expands…

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TuesdayApr 03, 2018 12:29 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces FY2017 Financial Results

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) today announced its financial results for the fourth quarter and fiscal year ended December 31, 2017. The company also provided a business update and offered limited guidance for FY2018. Among the highlights, PBIO reported $502,708 in total revenue for the three-month period, marking a year-over-year increase of 20 percent that it attributed primarily to double-digit growth in its products and services. The company recorded similarly strong results for the 12-month period, reporting $2.24 million in annual revenue for a year-over-year increase of 13 percent. “This past year was filled with a…

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TuesdayApr 03, 2018 10:22 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Strengthens ICS Partnership through New Compliance Services Agreement

Payment solutions company Global Payout, Inc. (OTC: GOHE), through its MoneyTrac Technology, Inc. (“MTRAC”) subsidiary, this morning announced that Integrated Compliance Solutions (“ICS”) has committed to serve as the compliance arm of the company’s upcoming full-service payment solution powered by GreenBox’s state-of-the-art closed loop blockchain technology. A leading provider of compliance services within the burgeoning cannabis industry, ICS serves a number of cannabis-focused banks and recently established a service agreement with TheraCann and TKS Ventures, further solidifying itself as a leading provider of critical compliance-related services and solutions to businesses operating in cannabis-related verticals. “ICS has done an excellent job…

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TuesdayApr 03, 2018 10:20 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Launches New Website Offering Direct-to-Consumer CBD-based Products

Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the official launch of its wholly-owned subsidiary SingleSeed’s newly updated website, www.SingleSeed.com. The new website is focused on selling cannabidiol (“CBD”) based products direct-to-consumer and is currently live and taking orders. Consumers can receive a free two-pack of the company’s hemp-based CBD capsules on orders of $50 or more using the promo code SING. Additionally, SingleSeed has engaged e-commerce experts to help drive online awareness and will be working with online influencers to help drive brand awareness. To view the full press release, visit http://nnw.fm/9HL5o About SinglePoint, Inc. SinglePoint, Inc.…

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TuesdayApr 03, 2018 9:47 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases 2017 Audited Consolidated Financial Statements; Generates $4M in Sales in First 60 days of 2018

PotNetwork Holding (OTC: POTN) this morning announced the release of audited consolidated financial statements reporting sales of $14.5 million for 2017, with gross profits of $5,180,865. Additionally, the statements showed a positive net income of $178,918 despite large reinvestments PotNetwork made during the year toward its future growth. The company also reported that it has generated $4 million in sales in just the first 60 days of 2018, representing an increase of over 300% compared to the same time period in 2017. PotNetwork attributes the company’s growth in 2018 primarily to its wholly owned subsidiary, Diamond CBD Inc. To view…

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