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Category Archives: Client News

Medical Marijuana, Inc. Applauds Mexico President for Signing Bill to Officially Legalize Medical Marijuana in Mexico

Medical Marijuana Inc., First Company to Provide Mexican Citizens Access to Medical Marijuana, Congratulates Cannabis Advocates in Mexico on Medical Cannabis Legalization

SAN DIEGO, June 22, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA), the first publicly traded cannabis company in the United States, today announced that it applauds Mexico President Pena Nieto for signing a bill into law June 19 that officially legalized the cultivation, production, and use of cannabis products with less than 1% THC for medical use in Mexico.

The new law, which was approved by Mexico lawmakers earlier this year by an overwhelming majority, will direct Mexico’s ministry of Health to draft and implement policies to regulate the use, importation, and production of pharmaceutical products derived from cannabidiol (CBD)-dominant/low-THC cannabis.

“This historic change in policy for this critical Latin America nation is a momentous achievement for the over 120 million Mexican citizens who can now benefit from …

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Medical Marijuana, Inc. Subsidiary Kannaway® Adds New Full-Spectrum Hemp Oil Product to Line of CBD Hemp Oil Lifestyle Products

Company Introduces New Premium Hemp Oil Liquid for First Time at Largest Red Carpet Event in Its History in New Orleans

SAN DIEGO, June 21, 2017 /PRNewswire/ — Medical Marijuana, Inc. (OTC: MJNA) announced today that its subsidiary Kannaway LLC, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, has added a new full-spectrum hemp oil product “Kannaway Premium Hemp Oil Liquid” to its line of CBD hemp oil lifestyle products. Kannaway® introduced its Premium Hemp Oil Liquid for the first time on Sat., June 17, at its largest Red Carpet Event in Company history in New Orleans, La.

Kannaway Premium Hemp Oil Liquid is made with a full-spectrum cannabinoid blend. Each 4 oz. bottle contains 1000 mg of CBD from non-decarboxylated and decarboxylated hemp oil – over 33 mg of CBD per serving – combined with medium-chain triglyceride oil derived from wholesome coconut oil and sustainably sourced palm …

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CHRON Files Application to Uplist to the OTCQB Venture Market

DALLAS, TX–(Marketwired – Jun 21, 2017) – The Chron Organization, Inc. (OTC PINK: CHRO) announced today it has filed an application for quotation of its Class A Common Stock on the OTCQB tier of the OTC Markets Group, Inc.

This uplisting in Exchange is subject to a successful review by the OTC Markets staff. The OTCQB is a venture market designed for early-stage and developing U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process. To learn more about the OTCQB, visit https://www.otcmarkets.com/marketplaces/otcqb.

CHRON Chief Compliance Officer, Doug McKinnon, said, “This application is another major step for CHRO in a series of important steps that tell the investment community this management team is going to do what they say and say what they do. It is a privilege for me to be a part of this team …

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CHRON Announces Form 10 Filing Effective Date, Making the Company Fully Reporting with the SEC under the Exchange Act of 1934

DALLAS, TX–(Marketwired – Jun 20, 2017) – The Chron Organization, Inc. (OTC PINK: CHRO) announced today its Form 10 Registration Statement registering its Class A Common Stock as filed with the U.S. Securities and Exchange Commission (SEC) has become effective as of June 20, 2017. Following the effective date, CHRO will be subject to the reporting requirements of the Exchange Act of 1934, as amended. This means the Company will be begin filing annual reports with the SEC on Form 10-K, quarterly reports on Form 10-Q, periodic reports on Form 8-K and subject itself to additional reporting obligations related to proxies, shareholder actions and stock ownership rules.

The Form 10 the Company filed with the SEC provides information on its current and planned operations, developments and acquisition, including its key operating subsidiaries Zen Technologies, Inc. and Zen Energy, Inc. CHRON’s SEC reports can be viewed by clicking the following link: …

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AXIM® Biotechnologies Secures Funding to Advance Clinical Trials and Bioequivalency Study

NEW YORK, June 19, 2017 (GLOBE NEWSWIRE) — AXIM® Biotechnologies, Inc. (AXIM® Biotech) (OTC:AXIM), a world leader in cannabinoid research and development, today announced that the Company has secured $4 million of institutional funding to further advance its clinical trials for the treatment of Irritable Bowel Syndrome (IBS), pain and spasticity in Multiple Sclerosis (MS), and to continue a bio-equivalency study on creating an alternative to Marinol® using the company’s patented chewing-gum delivery system.

“This financing enables us to continue to build on the progress we have made with our cannabinoid clinical development program for indications where there are currently no effective treatments,” said George Anastassov, MD, DDS, MBA, and Chief Executive Officer of AXIM. “It is encouraging to see that investors recognize the potential of our robust clinical development pipeline. We are now better positioned to execute on cannabinoid research and commercialization.”

MedChew Rx™ is a THC/CBD controlled-release chewing …

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SmartCard Marketing Systems Inc. (OTC: SMKG) Enters Partnership with Axepay Inc. for China Cross-Border RMB Payments, KYC & AML Verification, Accelerating Merchants Payments including FX Clearing & Settlements

NEW YORK, June 19, 2017 /PRNewswire/ – SmartCard Marketing Systems, Inc. (OTC: SMKG) is pleased to announce the partnership with Axepay Inc. a Fintech service provider for China Cross-Border RMB payments with integrated FX clearing & settlement. In addition, the partnership includes the ability to provide KYC & AML services for merchants dealing with China businesses and individuals. The partnership between SmartCard and Axepay creates a powerful suite of payment processing solutions that provide a conduit to perform payment transactions between merchants and individuals, and on a B2B basis, to pay-in and pay-out of China.

Chinese Ecommerce Market Pegged at $1.7 Trillion by 2020;

Despite some forecasts projecting a slowdown in ecommerce in China, a new report from Goldman Sachs sees the world’s largest online market continuing to boom over the next four years. The report pegged Chinese ecommerce sales at $750 billion USD in 2016 sales, coming from 460 million …

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