Chris@NNW, Author at NetworkNewsWire

MondayAug 21, 2017 3:54 pm

Smith-Midland Corporation (SMID) Reports 11.4% Jump in Sales, 69.9% Boost in Net Income for Quarter Ended June 30, 2017

The precast concrete manufacturer, for the half ended the same date, recorded a 14.1% rise in revenues and a 377% spike in net income Safety barrier project in Northern Virginia has SMID working at full capacity seven days a week to meet deadlines Company has backlog of $30.2 million, optimistic about profitable performance in 2018 Smith-Midland Corporation (OTCQX: SMID), a precast concrete manufacturer, has announced (http://nnw.fm/tTiT8) an 11.4% jump in sales for the quarter ended June 30, 2017, and a 69.9% increase in net income. Sales rose to $10.7 million for the quarter, compared to $9.6 million for the same…

MondayAug 21, 2017 2:52 pm

SinglePoint (SING) at Intersection of Two Explosive Markets: Bitcoin and Legal Cannabis

Industry leader projects cryptocurrency bitcoin, which has achieved $4,000 price, can reach $100,000 within five years Company provides processing solution for “unbankable” risk markets, such as legalized cannabis SinglePoint releases new investor relations kit that details its acquisition strategy, profiles key executives (http://nnw.fm/ofm0Y) SinglePoint, Inc. (OTC: SING) finds itself at the intersection of two fast-growth markets: the cryptocurrency bitcoin and legalized cannabis. Bitcoin prices recently surged past $4,000 and are projected by industry leader Wu Jihan, founder of bitcoin miner Bitmain, to possibly reach $100,000 within five years, according to a video by Bloomberg L.P. (http://nnw.fm/INe2R). At the same time,…

MondayAug 21, 2017 12:04 pm

India Globalization Capital, Inc. (NYSE: IGC) Focuses on Building Phytocannabinoid-based Pharmaceutical Portfolio

Core operations transitioned to phytocannabinoid-based therapies Four trial candidates targeting chronic pain, Alzheimer’s and other conditions Unique approach combining existing therapies with cannabinoids India Globalization Capital, Inc. (NYSE MKT: IGC) is developing disruptive new pharmaceutical therapies to fight a variety of ailments. Currently, the Maryland-based corporation has a pipeline of cannabis-based combination candidates under development to treat Alzheimer’s disease, pain, nausea, eating disorders, several end points of Parkinson’s, and epilepsy. Supporting this effort, the company has put together a robust intellectual property (IP) portfolio. IGC intends nothing less than to become a leading specialty provider of phytocannabinoid-based pharmaceuticals and complimentary…

FridayAug 18, 2017 12:02 pm

AppSwarm (SWRM) Completes Acquisition of MediaPlay, Anticipates Rapid Revenue Development

Poised for rapid revenue development following acquisition of MediaPlay Agreements in place with leading application stores to fast-track applications Company had $589,000 in revenues in 2016 and was able to eliminate more than $500,000 in corporate debt Technology development and incubation acceleration company AppSwarm, Inc. (OTC: SWRM) has announced its acquisition of MediaPlay, a multiplatform games publisher and developer (http://nnw.fm/V65iJ). The company has further announced the creation of two AppSwarm divisions. Assets purchased as part of the acquisition include: Games in-house Rights to games currently in negotiations Pending letters of intent Pending distribution agreements Work-for-hire contracts MediaPlay has a special…

ThursdayAug 17, 2017 4:11 pm

SinglePoint, Inc. (SING) Set to Benefit from Growth in Bitcoin and Cannabis Markets

Payment solutions for cannabis industry Operator of cryptocurrency exchange Bitcoin payment solutions for retailers In its latest initiatives, SinglePoint, Inc. (OTC: SING) is showing that innovation, like politics, makes strange bedfellows. This diversified holding company specializing in acquisitions of small to mid-sized companies, with an emphasis on new technologies, is planning a marriage of cannabis and cryptocurrencies, both of which are rapidly growing opportunities. The company is developing a payment processing solution utilizing cryptocurrencies that is likely to find early application in the cannabis industry. Using its recently acquired $Weed and other cryptocurrencies, SinglePoint wants to help the cannabis industry…

ThursdayAug 17, 2017 3:02 pm

Lexaria Bioscience’s (CSE: LXX) (OTCQB: LXRP) Revolutionary Process Creates Superior Cannabinoid Edibles

Disruptive, patented technology is set to revolutionize the edible cannabis market Company has patent applications in 45 countries, including 18 applications in the U.S. Technology is patent-protected for CBD and all other non-psychoactive cannabinoids, with patents pending for THC, other psychoactive cannabinoids, NSAIDs, nicotine and other molecules A common complaint among the consumers of cannabis edibles is an unpleasant taste that can often be detected, but that unpleasant taste and other inadequacies of cannabis edibles are being overcome thanks to the incredible innovations of Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP). Lexaria is literally bringing new flavor to the marijuana…

ThursdayAug 17, 2017 11:24 am

ABcann Global Corporation’s (TSX.V: ABCN) (OTCQB: ABCCF) New Investment a Testament to the Company’s Future

One of first licensed medical cannabis producers in Canada $15 million equity investment starts construction of new 50,000 square foot facility Production to quadruple in booming market Legal since 2001, medical cannabis operations in Canada changed dramatically about a year ago when the Access to Cannabis for Medical Purposes Regulations (ACMPR) went into effect. Health Canada now strictly oversees licensing, monitoring and compliance of commercial medical cannabis producers. Health Canada conducts thorough reviews of applications to ensure compliance with the regulations and works closely with producers once licensed to monitor and ensure compliance with such strictures as personnel security measures,…

WednesdayAug 16, 2017 4:13 pm

HighCom Global Security, Inc. (HCGS) Names Craig B. Campbell Its Chief Executive Officer and Introduces New Board of Directors

The new company is restructured and rebranded for international growth, both by acquisition and organically Moves follow the company’s name and symbol change announced on August 4, 2017 Campbell, charged with spearheading the global growth of the new company, sets five-year strategy HighCom Global Security, Inc. (OTC: HCGS) has named Craig B. Campbell as its new chief executive officer, appointed a new board of directors and reorganized its wholly owned subsidiary. As it transitions to an international company, these changes coordinate with its prior name and symbol change (http://nnw.fm/03LOn). The Columbus, Ohio-based firm provides to the security and defense industries…

WednesdayAug 16, 2017 3:15 pm

India Globalization Capital (NYSE: IGC) Shows Potential for Strong Market Valuation Growth

India Globalization Capital recently acquired exclusive patent rights for the use of low-dose THC as a potential therapeutic agent for Alzheimer’s disease No other publicly traded cannabis pharmaceutical company has a patent filing for a potential Alzheimer’s treatment Costs associated with Alzheimer’s disease top $236 billion in the U.S. and $600 billion globally India Globalization Capital, Inc. (NYSE MKT: IGC), a Maryland-based company, is currently preparing four products for medical trials, including Hyalolex for the treatment of Alzheimer’s disease. Alzheimer’s is a fatal, progressive brain disease that slowly destroys memory and thinking. Alzheimer’s is the leading cause of dementia and…

WednesdayAug 16, 2017 1:50 pm

Algae Dynamics Corp. (ADYNF) Creating a Lucrative Niche Opportunity

Cannabis is fastest-growing industry in North America Canada’s cannabis market is ripe for explosive growth Algae Dynamics carving out niche in explosive market The fastest-growing industry with the most consistent growth rate in North America is legal marijuana. A recent Forbes article says that the market could grow 700% by 2020 (http://nnw.fm/5lE7h). Investors have become acutely aware, which explains the movement in some marijuana stocks that have risen dramatically over the last 18 months. According to ArcView, a well-known cannabis research firm, North American sales of legal medical and recreational cannabis soared 34% in 2016 to $6.9 billion. These markets…

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Author: Chris@NNW