Uncategorized Archives - Page 243 of 248

TuesdayFeb 14, 2017 1:22 pm

Singlepoint, Inc. (SING) Helping Cannabis Businesses Accept Transactions in a Secure and Legal Way

Despite a total of 28 states having now legalized marijuana in some form, the U.S Drug Enforcement Administration still classifies cannabis as a Schedule 1 substance, alongside heroin and LSD. With this mind, it has been hard for the banking industry to support legal marijuana businesses. Because such businesses have fewer options in opening bank accounts with national banks, they are pressured to accept cash payments, making them vulnerable to all of the issues associated with operating a cash business. Cash transactions make cannabis businesses prime targets for theft and break-ins, not to mention the gap left open for certain…

ThursdayFeb 09, 2017 9:13 am

ChineseInvestors.com, Inc. (CIIX) Aiming to Help Tackle Epilepsy with a CBD Oil-Based Pharmaceutical

ChineseInvestors.com, Inc. (OTCQB: CIIX), a company in the business of providing Chinese-speaking investors with real-time market analysis, commentary, and educational services, recently announced its goals for 2017, stating that it plans to develop a CBD oil-based pharmaceutical that could help with the major problem of epilepsy in China. CBD, also known as cannabidiol, is one of the most important healing substances in the hemp plant, helping treat inflammation, convulsions, insomnia, anxiety, ulcers, neuropathic pain, and epilepsy, among other medical problems. The difference between CBD and THC is that THC is classified as a federally controlled psychotropic drug, whereas CBD is…

WednesdayFeb 08, 2017 8:30 am

Israeli Innovation is at the Heart of a Growing Cannabis Ecosystem

In a move that will certainly have an effect on both domestic and foreign cannabis companies such as Singlepoint Inc. (SING) (SING Profile), Rocky Mountain High (RMHB), mCig, Inc. (MCIG), General Cannabis Corp. (CANN) and Cannabics Pharmaceuticals, Inc. (CNBX), Israel is reportedly making strides toward allowing the export of medical marijuana, according to Reuters (1). The Israelis are widely regarded as leaders in medical marijuana research. However, the local market is small, estimated at $20 million, tops. Nevertheless, the meager market size appears to discourage neither innovation nor investment. As such, Israeli companies are involved in the value chain at…

ThursdayFeb 02, 2017 9:19 am

ChineseInvestors.com, Inc. (CIIX) Revenues Rise For Quarter, Six Months Ended November 30, 2016

ChineseInvestors.com, Inc. (OTCQB: CIIX) filed form 10Q with the SEC on January 23, 2017, stating that it had sharply higher revenues in both the quarter and six months ended November 30, 2016, as compared to the same periods of the prior year. In this filing for its second quarter in fiscal year 2017, it also revised its financials for the year ended May 31, 2016, terming that refiling an immaterial correction. The company reported revenues of $510,944 for the three months ended November 30, 2016. That marked a 133% jump compared to revenues of $219,263 for the same period of…

WednesdayFeb 01, 2017 10:08 am

Marijuana Industry Pushing Toward Federal Acceptance, Expanded Research in 2017

For the marijuana industry, 2016 was a successful year by any standards, reaching an estimated $7 billion in transactions and bringing the total number of states to legalize marijuana for medical and/or recreational purposes to 28. However, deemed America's fastest growing industry in recent years, the market still has some major obstacles to overcome in 2017, such as gaining access to legal banking services, obtaining federal drug reclassification, and more. Removing marijuana from the federal list of Schedule I drugs would be a major step forward for the industry, with massive implications and benefits trickling through to reach cannabis-related product…

WednesdayFeb 01, 2017 9:16 am

ChineseInvestors.com, Inc. (CIIX) Discusses Recent Achievements Driving Aggressive Plans for 2017

On Monday, January 30, 2017, Alan Klitenic, the Director of Investor Relations for ChineseInvestors.com, Inc. (OTCQB: CIIX), was interviewed by CannabisNewsWire. Mr. Klitenic described the company, and the growing underserved market it has managed to successfully tap, some of the company’s achievements over the past year, and the aggressive goals it is already pursuing for 2017. Salient points include the following: Description - ChineseInvestors.com, Inc. is a unique financial media service that is tailored to the ethnic Chinese speaking population in the U.S. and Canada. Founded by long-time financial professional Warren Wang, it’s an American company, but with a strong…

MondayJan 30, 2017 11:42 am

ChineseInvestors.com, Inc. (CIIX) CEO Set to Present at NobleCon13

Premier financial information company ChineseInvestors.com, Inc. (OTCQB: CIIX) this morning announced that CEO Warren Wang will be presenting at NobleCon13 on Tuesday, January 31, 2017, at 2:30 PM Eastern Time. The conference, which is currently underway at the Boca Raton Resort & Club in Boca Raton, Florida, is hosted by Noble Capital Markets and focuses on emerging growth companies with less than $2 billion in market capitalization. For interested investors who are unable to attend NobleCon13, CIIX plans to make a high-definition video webcast of its presentation, as well as a copy of the presentation materials, available on its website…

MondayJan 30, 2017 9:52 am

Singlepoint, Inc. (SING) CEO Discusses Cannabis Industry Game Plan in Interview with CFN Media Group

Before the opening bell, CFN Media Group, the leading creative agency and digital media network dedicated to legal cannabis, announced the release of an exclusive interview with Singlepoint, Inc. (OTC: SING) CEO Greg Lambrecht. In the interview, Lambrecht takes a look at the current state of the legal cannabis industry, particularly as it relates to banking, which is an area that Singlepoint is currently targeting through its SingleSeed subsidiary. In addition to providing some insight into the company’s early-mover advantage in the burgeoning market, Lambrecht used the interview to offer prospective investors some additional insight into Singlepoint’s strategy to capitalize…

ThursdayJan 26, 2017 3:37 pm

VPR Brands, LP (VPRB) Showcasing New Vaping Solutions for Fast-Growing Cannabis Market

VPR Brands, LP (OTC: VPRB), a manufacturer and provider of electronic cigarette and vaping solutions based on both U.S. and Chinese patents, has big plans for the year on the heels of the recent legalization of medical and recreational use of marijuana in several states. Most of the company’s vaping products can be easily used by the legal marijuana industry, presenting VPR Brands with an impressive opportunity for rapid growth. In addition, the company also has plans to further expand its product offerings to include specific cannabis vaping products such as the STINGER vaping stick and an entirely new brand…

WednesdayJan 25, 2017 2:17 pm

First Bitcoin Capital Corp. (BITCF) Signs Distributorship for ATMs Targeting Cannabis Dispensaries

First Bitcoin Capital Corp. (OTC: BITCF) has signed a master distributorship for a new type of check-cashing ATM designed for use in medical cannabis dispensaries in California. The Vancouver, B.C.-based company offers a full line of financial services for the medical marijuana industry. The specially-designed ATMs offer check cashing services and are designed specifically for use in medical marijuana dispensaries. The company said it expects these ATMs will increase the customer base in these locations by 18%. First Bitcoin Capital Corp. is a developer of services related to bitcoin and cryptocurrency. It offers financial solutions for high-risk merchants, including medical…