Chris@NNW, Author at NetworkNewsWire

TuesdayDec 12, 2017 9:00 am

Cultivating the Cannabis Lifestyle: Canadian Cannabis Players Gear Up for Recreational Marijuana Legalization

NetworkNewsWire Editorial Coverage: Public acceptance and legislative approval of cannabis use, both for medicinal and recreational purposes, continue to spread internationally. In Canada, where medicinal cannabis has been legal since 2001, the federal government is moving toward its goal of adding recreational marijuana legalization nationwide by July 2018. The turning tide in public sentiment and the advancement of legalization, both in Canada and throughout the world, are gradually destigmatizing marijuana use and giving rise to new cannabis subcultures and brands. This evolution of the cannabis lifestyle is creating big market potential for Canadian cannabis producers like DOJA Cannabis Ltd. (CSE:…

MondayDec 11, 2017 12:55 pm

Marijuana Company of America (MCOA) Subsidiary Poised for Breakthrough with CBD-based Wellness Products

Global wellness market expected to grow by 17 percent through 2021 CBD-based products predicted to cause a major shift in this market hempSMART has developed marketing strategy to maximize market penetration of CBD-based products The worldwide wellness industry reached $3.7 trillion in 2016 and is expected to show annual growth of 17 percent through 2021, according to Women’s Marketing (http://nnw.fm/Z5kZR). Nutritional products and vitamin supplements form a sizeable portion of this market at the moment, with economists and industry experts predicting that the next major shift in the market will be triggered by CBD-based products. Marijuana Company of America, Inc.…

MondayDec 11, 2017 12:38 pm

Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Proposed Blockchain Platform May Reduce the $150B in Disputed Oil & Gas Transactions

Developing blockchain platform for oil & gas industry About 9% of crude oil transactions are disputed Distributed ledger technology may reduce transaction & resolution Costs There are few sectors as large as the oil and gas industry, which by one account reached 48.7 billion barrels of oil equivalent (“BOE”) in 2016 (http://nnw.fm/O3SkO). Despite the depressed prices, revenues climbed to $1,205.6 billion in 2016. West Texas Intermediate (NYMEX WTI) which was trading at over $130 per barrel in 2008 never rose above its current price of $57.75 at any time during 2016. In such a mammoth market, the supply chains crisscrossing…

FridayDec 08, 2017 11:16 am

WPCS International, Inc. (NASDAQ: WPCS) Subsidiary Signs Definitive Agreement to Merge with DropCar, Inc., Anticipates Name Change and New Ticker Symbol

Consummation of transaction is anticipated late in calendar 2017, with the merger calling for WPCS to be renamed DropCar after the closing; stock would continue to trade on NASDAQ under a ticker symbol proposed as DCAR Spencer Richardson, DropCar co-founder and CEO, would be CEO of the new entity; Sebastian Giordano, WPCS CEO, would serve on newly merged company’s board Goal for WPCS is to offer greater shareholder value for its stockholders; when merger is completed, WPCS shareholders would hold 16% of the outstanding common stock in the merged entity while DropCar’s shareholders and advisors would hold the remaining 84%…

FridayDec 08, 2017 11:00 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) Partners with Stakeholders to Participate on Global Scale with DehydraTECH™

Amidst increasing awareness regarding potential health benefits of cannabinoids, Lexaria is at the forefront of a booming industry LXRP stakeholders have the opportunity to participate on a global scale to improve the delivery and performance of various products Lexaria’s patented technology provides an enabling layer in cannabinoid research and development, existing products and applications Amidst increasing awareness regarding cannabinoids and their potential health benefits, Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) is at the forefront of the booming cannabis industry with its patented delivery technology, DehydraTECH™. The technology provides an enabling layer to advances in cannabinoid research and development as…

FridayDec 08, 2017 11:00 am

Bitcoin Services, Inc. (BTSC) Offers Chance to Mine Remaining Four Million Bitcoins

Bitcoin crosses $12,000 ceiling Company offers bitcoin mining Company offers blockchain software development Now that Bitcoin has crossed the $12,000 mark (http://nnw.fm/xHh1a), the demand for Bitcoin mining gear and services is likely to follow the cryptocurrency’s climb to the stratosphere. Despite the caveats, interest in the virtual currency continues to grow. In response, the financial services industry is gearing up to get involved. The Chicago Board Options Exchange (“CBOE”) has promised to start offering Bitcoin futures in December 2017 and the Chicago Mercantile Exchange (“CME”) plans a similar timetable for its Bitcoin futures. Meanwhile in New York, NASDAQ is set…

FridayDec 08, 2017 10:48 am

Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) is “One to Watch”

Victory Square invests in innovative, game-changing entrepreneurs Provides entrepreneurs access to education programs, global mentorship networks, distribution partners, and other resources Company has secured multiple early partnerships and investments in the blockchain space Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) is a venture builder that creates, funds and empowers entrepreneurs working in the fields of blockchain technology, virtual reality, artificial intelligence, personalized health, gaming and film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources, and other forms of operational…

FridayDec 08, 2017 9:00 am

Blockchain Technology Creates Potential for Energy Industry Optimization

NetworkNewsWire Editorial Coverage: The stunning rise of bitcoin’s price from under $1,000 at the start of the year to above $11,000 at the start of December has generated an intense scramble by investors to identify opportunities that relate to the cryptocurrency and the blockchain — the distributed ledger that underlies bitcoin. One industry that may be particularly well suited to benefit from blockchain technology is the petroleum fuel market for oil and gas. Petroteq (TSX.V: PQE) (OTCQX: PQEFF) (PQEFF profile) is one energy industry participant that believes in the potential of the blockchain, recently announcing a partnership that positions it…

FridayDec 08, 2017 9:00 am

Innovative Data Solutions Companies on Pace to Change the World

NetworkNewsWire Editorial Coverage: The technology driving the Internet of Things (IoT) enables person-to-person, person-to-object and object-to-object connections that facilitate increased productivity, greater operational efficiency and streamlined work processes. Adoption of cloud computing and the ability of IoT technology to reduce costs are the main driving forces behind the growth of this technology. It is estimated that by 2020 there will be over 50 billion things connected globally, and Grand View Research predicts that the industrial IoT market will grow at a compound annual growth rate (CAGR) of almost 28 percent to reach USD $933 billion by 2025. Of course, this…

ThursdayDec 07, 2017 9:00 am

Merger and Acquisition Activity is Heating Up in the Cannabis Industry

NetworkNewsWire Editorial Coverage: Merger and acquisition (M&A) activity in the cannabis industry is heating up, and market analysts point to several important factors contributing to increased activity. Profit is always a central issue, and as the founders of companies established years ago seek attractive exit strategies, new players are considering ways to enter the field in a profitable way. The rapid evolution of technology and its increasing application also serve as catalysts for M&A, as larger companies pursue opportunities that are positioned for current or near-term commercial availability. Such expertise and assets developed by smaller brands could potentially turn them into…

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Author: Chris@NNW