Chris@NNW, Author at NetworkNewsWire

WednesdayMar 21, 2018 4:02 pm

Marijuana Company of America, Inc. (MCOA) Provides Turnkey Services to Hemp Growers

Hemp cultivation in the U.S. is on the rise 33 U.S. states have dismantled barriers to hemp production MCOA provides turnkey services to growers and distributors Hemp is back! After a hiatus of 77 years, cultivation of hemp in the U.S. began again after the passage of the Farm Bill in 2014. The Farm Bill allows departments of agriculture and institutions of higher learning in states that have legalized hemp cultivation to grow hemp for research and pilot programs. Hemp grown for such purposes is now no longer subject to the provisions of the Controlled Substances Act (CSA), although, unfortunately,…

WednesdayMar 21, 2018 3:15 pm

Medical Cannabis Payment Solutions (REFG) Now Available To Entire Legal Cannabis Industry

REFG fully launched its payment system services to the entire industry Technology is fully FinCEN-compliant Bitcoin payments are on the horizon with Green Medical Cannabis Payment Solutions (OTC: REFG) seeks to provide end-to-end management for medicinal marijuana operations. The company serves the medical cannabis and banking industries through state-of-the-art comprehensive card processing operations, and it has now fully launched its payment system services to the entire legal cannabis industry. The company previously worked only with targeted industry establishments, but its platform is now available to all state-sanctioned establishments in the U.S. and abroad. The company is the first of its…

WednesdayMar 21, 2018 2:17 pm

AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF) Develops Proprietary AI Platform as Data-Driven Markets Mature

Global AI market value varies, with multibillion-dollar estimates tied to select industries At least 80 percent of enterprises already have some form of AI in production, with 30 percent planning on expanding their AI investments over the next three years Algorithmic trading is the top use case among 191 identified uses AnalytixInsight Inc. (TSX.V: ALY) (OTCQB: ATIXF), an artificial intelligence (“AI”) company that transforms data into actionable knowledge, is on track and on trend in a global revolution that promises to transform economies as emerging markets embrace machine-learning applications. Multiple market research reports suggest that artificial intelligence-based systems will bring…

WednesdayMar 21, 2018 1:44 pm

Reign Sapphire Corp. (RGNP) Looks to Release Reign Coin White Paper in Coming Weeks

RGNP planning an Initial Coin Offering (“ICO”), subject to regulatory approval, leveraging Reign blockchain technology to authenticate sapphires as conflict-free Digital record entries can assign color, carat measurement and certificate number to each sapphire Reign Coin is unique, because it is backed by Australian conflict-free sapphires Reign Sapphire Corp. (OTCQB: RGNP), as it moves forward with its planned Initial Coin Offering (“ICO”) for sapphire-backed cryptocurrency Reign Coin, has announced that it will release its white paper on the coin by May 2018. It has also set a Q3 2018 pre-sale date for tokens, subject to regulatory approval (http://nnw.fm/QD6Yg). The company…

WednesdayMar 21, 2018 11:42 am

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Uses Oil Sands Technology to Get the Dilbit Flowing in Utah

Renovated Asphalt Ridge facility is good to go Output capacity now 1,000 barrels per day International promotion of blockchain oil and gas supply management platform continues Blessed by an abundance of bitumen, Utah has become the center of the U.S. oil sands industry. The state has the largest individual deposits of bitumen in the United States, as well as the highest number of oil sands occurrences. Together, these bitumen deposits contain a yield equivalent to at least 30 billion barrels of oil, making Utah the source of 55 percent of U.S. oil sand crude. The deposits are primarily located in…

WednesdayMar 21, 2018 9:00 am

Big and Small Companies Partner Up to Provide Canada’s Cannabis

NetworkNewsWire Editorial Coverage: With recreational cannabis only months away from legalization in Canada, companies are racing to prepare for the new market. For many, this means partnerships, supply agreements, and external investment. Choom Holdings, Inc. (CSE: CHOO) (OTCQB: CHOOF) (CHOOF Profile) has received a substantial investment from ABcann Global to develop its high-end retail brand and growing facilities. Aurora Cannabis, Inc. (TSX: ACB) (OTCQX: ACBFF) has entered into a supply agreement with Shoppers Drug Mart and invested in Liquor Stores N.A. Ltd. to support expansion in both the medical and recreational sectors, and OrganiGram Holdings, Inc. (TSX.V: OGI) (OTCQB: OGRMF)…

TuesdayMar 20, 2018 3:44 pm

Petrogress, Inc. (PGAS) is Growing in Ghana, a Nation that’s Projected to Have One of the World’s Fastest-Expanding Economies in 2018

The New York Times reports that World Bank forecasts 8.3 percent growth for Ghana’s economy in 2018, driven in part by major offshore oil deposits Petrogress is seeking expansion in Ghana, where it already operates service and shipping facilities at the Port of Terma in Greater Accra In 2017, Ghana experienced a 124 percent oil export revenue increase over the prior year, The New York Times said, citing central bank statistics Petrogress, Inc. (OTC: PGAS) is hoping to expand its operations in Ghana, West Africa. That nation, with its robust energy and diverse economic growth, is forecast to have one…

TuesdayMar 20, 2018 2:32 pm

IEG Holdings Corp. (IEGH) Offers 1:1 Investment Evolution Coin Ltd. Share Entitlement to Shareholders

IEG Holdings’ shareholders will be provided with the opportunity to obtain shares in Investment Evolution Coin Ltd., which is pursuing cryptocurrency projects Arrangement allows shareholders unique opportunity to remain involved in the crypto industry with lower regulatory risk, but investors must be an IEGH shareholder before the end of April to be eligible for one Investment Evolution Coin Ltd. share for every one IEGH share held Investment Evolution Coin Ltd. has entered a partnership with a reputable consultancy company for the purpose of launching its cryptocurrency, which will facilitate financial transfers from abroad to the Philippines IEG Holdings Corp. (OTCQB:…

TuesdayMar 20, 2018 1:47 pm

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Signs Deal to Open Multiple Choom™ Branded Retail Dispensaries

Choom™ is a high-quality hand-crafted cannabis brand created for the Canadian recreational market Last month, the company opened retail opportunity to entrepreneurs and businesspeople across Canada Choom™ inked first deal, not for just a single store, but rather for an entire territory Set to be legalized in July of this year, Canada’s recreational marijuana market is estimated to exceed $8.7 billion annually. That figure doesn't include ancillary businesses such as paraphernalia, weed-related tourism, testing labs and security services. All factored in, the market potential jumps to up to $22.6 billion a year (http://nnw.fm/7iOIs). The general consensus is that the marijuana…

TuesdayMar 20, 2018 9:00 am

Preparation Continues for Expanding Legalized Cannabis Market in Canada

NetworkNewsWire Editorial Coverage: The proposed legalization of recreational cannabis this year is expected to mean huge growth in the Canadian cannabis sector, and companies are preparing to make the most of it. Choom™ Holdings, Inc. (CSE: CHOO) (OTCQB: CHOOF) (CHOOF Profile) is creating a premium lifestyle brand backed by an integrated supply chain, while Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF) (DJACF Profile) is applying for the final license to sell its handcrafted cannabis flower. Medical marijuana producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) has obtained outside funding to explore the potential of cannabis-infused soft drinks, and Aphria,…

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Author: Chris@NNW