Chris@NNW, Author at NetworkNewsWire

TuesdayNov 14, 2017 11:08 am

Bitcoin Recovers its Luster Following Wild Ride

Anyone who appreciates the thrills and chills of riding a great rollercoaster understands that it’s the heart-stopping heights and jaw-clenching lows, followed by yet another shot into the stratosphere, that make you get on that ride - over and over again. Bitcoin’s recent wild ride is keeping investors on their toes as the cryptocurrency shakes off a 25 percent drop from last week’s high of $7,721 to a startling low of $5,617 on Sunday. As of this writing, Bitcoin remains choppy, with trades changing hands for $6,571.30. Bitcoin’s market capitalization, or the total value of all the virtual coins in…

TuesdayNov 14, 2017 9:00 am

Biosynthesis: Making the Impossible Possible in Medicinal Cannabis

NetworkNewsWire Editorial Coverage: The U.S. pharmaceutical industry is pocked with pitfalls that make it difficult for the development of cannabis-based drugs. To receive FDA approval, drug manufacturers must produce a consistent, pharmaceutical-grade product. Drug researchers with cannabis-based candidates are largely dependent on cannabis producers to access their drug raw materials. And therein lies the issue. The cannabis production sector has had its share of product recalls, and is saddled with pricey cost of commercial cultivation. The roadblocks are considerable - from legal and execution standpoints - making these efforts not quite impossible but certainly, currently, difficult. Canada-based biopharmaceutical company InMed…

TuesdayNov 14, 2017 9:00 am

Canadian Licensed Producers Prepare for Recreational Cannabis Legalization, Expect Significant Growth in Demand

NetworkNewsWire Editorial Coverage: A momentous cultural and economic change is soon coming to Canada, as the Canadian Government has committed to legalizing recreational marijuana on July 1, 2018. Already busy with demand for medicinal marijuana - which has been legal in Canada since 2001 - licensed cultivators are ramping up their production capabilities in anticipation of a staggering surge in demand. Investors are also taking notice, in October driving average gains of 7.6% among Canadian cannabis producers (http://nnw.fm/KJ29n). The Canadian Government is also making preparations for the impending legalization, emphasizing cannabis education and awareness for the nation’s youth (http://nnw.fm/b4U9O). This…

MondayNov 13, 2017 3:33 pm

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Driving Cannabis Costs Down While Meeting Patient Needs

Strong cash position of over $40 million to fund aggressive expansion timeline One of first companies to obtain cannabis production license from Health Canada Infrastructure in place to take advantage of projected $9 billion Canadian cannabis market Sees ample opportunities in Western Europe with first marketing push in Germany Abcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a manufacturer and distributor of medical cannabis in Canada, is creating a consistent, organically grown, pesticide-free standardized product that is keeping costs down and investors excited. Abcann’s approach to growing cannabis centers on replicating the natural environment of any geographical location for a product…

MondayNov 13, 2017 1:39 pm

Greenkraft, Inc. (GKIT) at the Forefront of Environmentally-Friendly Alternative Fuel Market Rise

Alternative fuel market to reach $614 billion in five years Faced with rising demand, Greenkraft set to expand production capabilities Company’s eco-friendly engine gains California Air Resources Board recognition With climate change becoming a growing threat and world leaders officially recognizing that carbon emissions are one of the main causes of this change, the global market for greener alternative fuels is expected to expand exponentially over the next few years. As part of worldwide efforts to generate clean energy, natural gas producers and natural gas associations are leveraging naturally occurring gases with a smaller carbon footprint than typical fossil fuels,…

MondayNov 13, 2017 12:30 pm

OTC Markets Group Inc. (OTCM) Announces New Stock Promotion Policy and Sets Best Practices to Achieve Market Transparency

A new “promotion risk flag” designation will be introduced on websites in the first quarter of 2018 to warn market participants of potential risks of trading a security during a promotion campaign Best practices are codified, listing the obligations of public companies to create transparency for investors The goal is also to identify ‘bad actors’ who mislead investors, disrupt pricing mechanisms of OTC markets and fraudulently promote campaigns that harm the integrity of public markets OTC Markets Group Inc. (OTCQX: OTCM) has released a new stock promotion policy in conjunction with proposed established best practices for public companies (http://nnw.fm/cDX3e). The…

MondayNov 13, 2017 11:41 am

Marijuana Company of America, Inc. (MCOA) Offers Portfolio of Promise in Cannabis and Hemp

Global cannabis market to hit $31 billion by 2021 Diverse portfolio positioned along the cannabis and hemp value chains Completed financing for 30,000 sq. ft. greenhouse cultivation facility Wholly-owned subsidiary hempSMART™ currently has CBD-based wellness products available for sale A new report from market analyst the Brightfield Group, featured in Forbes (http://nnw.fm/P614z), estimates that global sales of cannabis will climb to $31.4 billion by 2021. The U.S., which “currently drives 90 percent of global cannabis sales,” will dominate this international business. In turn, a large share of the U.S. cannabis market will undoubtedly go to one of the six biggest…

MondayNov 13, 2017 10:47 am

MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Sees Potential for Exponential Growth as Demand for Lithium is Fed by Electric Cars and Mass Storage

Company’s quick and clean method of extracting magnesium, lithium and other valuable industrial minerals from well brine, while purifying byproduct mining wastewater, provides huge operational advantage MGXMF owns proprietary nanoflotation technology that, in just days versus months, can extract valuable minerals, such as magnesium and lithium, from oilfield lithium brine while purifying the wastewater byproduct MGX controls significant interest in magnesium, lithium and silicon assets throughout North America; it is Canada’s largest holder of lithium brine assets with around two million acres in North America MGX and its engineering partner use exclusively licensed and patented nanoflotation technology to offer oilfield operators…

MondayNov 13, 2017 8:53 am

Medical Cannabis Payment Solutions (REFG) is “One to Watch”

Pioneered comprehensive card processing payment operation dedicated to medical marijuana industry Proprietary merchant processing system serves demands of the legal $6 billion cannabis market Alternative payment solution empowers businesses by tracking sales and tax collection, frees consumers and retailers from solely using cash Fully compliant with FinCEN’s anti-money laundering efforts Medical Cannabis Payment Solutions (OTC: REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales…

FridayNov 10, 2017 2:57 pm

Moxian, Inc.’s (NASDAQ: MOXC) New Strategies Behind Potential Revenue Growth, Investor Confidence

Penetrating key markets in China efficiently with paid platforms generating multiple revenue streams seen as key to its success Joint venture with fine wine marketer and distributor Shewn International Group, based in Shanghai, seen as beginning of low-cost and quick way to gain market share, Crystal Equity Research report finds Crystal Equity projects that the company will do $2.3 million in FY2018 Moxian, Inc. (NASDAQ: MOXC) has adopted two new dual strategies for growth: penetrating the online-to-offline (O2O) market by entering joint ventures and selling $2 million-$4 million retail businesses. The efforts to reach customers in key China markets quickly…

Financial news and publishing for public and private companies

Contact us: 512.354.7000

Author: Chris@NNW