Breaks Categories: News

WednesdayOct 23, 2019 10:27 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Achieves Exempt Status Removing Penny Stock Limitations

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced that its stock has been awarded “Penny Stock Exempt” status on OTCmarkets.com in accordance with rules defined by the Securities and Exchange Commission (“SEC”). According to OTCmarkets.com, the status means that SGMD stock is now exempt from the limitations that accompany any security defined as a “Penny Stock” according to the SEC under Rule 240.3a51-1 because it meets one of the following: 1) A price of over $5 per share, 2) issuer has at least $6 million in average revenue for the last three years,…

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WednesdayOct 23, 2019 10:21 am

NetworkNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Closes Bought Deal Private Placement

HTC Extraction Systems (TSX.V: HTC) today announced the closing of its previously announced private placement financing of 25,000,000 units of the company, each at a price of $0.40. The offering resulted in gross proceeds of $10 million to the company, from which it intends to use net proceeds for the purchase of extraction, purification and refining equipment and general working capital purposes. Each unit consists of one common share in the capital of the company and one-half of one common share purchase warrant (each whole common share purchase warrant, a "warrant"). Each warrant will be exercisable to acquire one common…

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WednesdayOct 23, 2019 9:47 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) and Kindred Form Strategic Alliance to Unlock Industry’s Long-Term Potential

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, and Kindred Partners Inc., a specialty cannabis brokerage and services company, today announced a strategic alliance to provide mutual benefits to both parties, as well as to Canopy Rivers’ portfolio companies. Kindred is a wholly owned subsidiary of Breakthru Beverage Group and leverages deep experience of its sister company, Breakthru Beverage Canada, in working with Canadian provincial control boards, public and private regulated cannabis businesses, licensed producers and retailers to broker regulated cannabis products for the adult-use market. “As we head into cannabis 2.0 and the Canadian…

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WednesdayOct 23, 2019 9:30 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Secures Contract with VTT Technical Research Centre of Finland

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, today announced that it has been awarded a contract by VTT Technical Research Centre of Finland, a leading international research and technology organization. Per the update, Sigma Labs will install its proprietary PrintRite3D Real-Time Melt Pool Analytics software platform at the VTT 3D metal printing facility. SGLB’s PrintRite3D is a patented in-process quality assurance software for the commercial 3D metal printing industry that provides real-time melt pool analytics. “Sigma Labs is striving to become the standard for in-process quality assurance within the additive…

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WednesdayOct 23, 2019 9:18 am

NetworkNewsBreaks – Neutra Corp. (NTRR) Executes LOI with Orgaceutical

Neutra Corp. (OTCQB: NTRR), an early-stage research and development company, this morning announced that it has executed a letter of intent (“LOI”) with Orgaceutical that could initiate the joint development of various additional hemp-based medicinal products. Per the agreement, Harrisburg, PA-based Orgaceutical will provide Neutra access to its formal research results to explore the use of cannabinoids as antioxidants and neuro-protectants. In addition, Neutra will obtain rights to a federally registered hemp trademark and a license for hemp cultivation issued by the Commonwealth of Pennsylvania’s Department of Agriculture. “This LOI will propel us into an excellent position for research and…

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TuesdayOct 22, 2019 12:52 pm

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) to Acquire Office, Warehouse Property Near San Diego

Innovative, full-scope, science-driven, premium hemp cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced that it has opened escrow for the acquisition of its head office and warehouse building in the prominent Poway Business Park located near San Diego, California. “This is a marquis property in a strategic location approximately 45 minutes away from the 824-acre Potrero Ranch Property and just outside of San Diego. The acquisition of this property will immediately deliver positive cash flow from the existing tenancies and provide the company with the use of our head office location at no cost. Our near-term objective…

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TuesdayOct 22, 2019 12:38 pm

NetworkNewsBreaks – InsuraGuest Inc. Inks Contract with Cal-Vegas, Ltd. for Columbia, South Carolina Hotel to Offer Specialized Insurance Coverage

InsuraGuest Inc., a SaaS (Software-as-a-Service) company, this morning announced the signing of a contract with Cal-Vegas, Ltd.(R) for its Red Lion Inn & Suites(R) property located in Columbia, South Carolina. Per the update, the Red Lion Inn & Suites will integrate InsuraGuest’s InsurTech software to offer specialized insurance coverage to its guests at the time of check-in. If a guest selects to include the specialized policy, which covers theft of personal property while in the hotel as well as medical expenses due to accident and accidental death and dismemberment, a charge will be place on their folio as a separate…

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TuesdayOct 22, 2019 11:38 am

NetworkNewsBreaks – NetworkNewsWire to Serve as Official Dissemination Partner and Platinum Sponsor at NIBA’s 147th Investment Conference

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) today announced that it will serve as the official dissemination partner and platinum sponsor for the National Investment Banking Association’s (“NIBA”) 147th Investment Conference. The conference, which is specifically designed for the micro-cap and small-cap investment community, is set to take place November 12th and 13th, 2019 at the Westin New York at Times Square in New York City. “We are very pleased to have NetworkNewsWire’s sponsorship and support,” NIBA Executive Director Emily Foshee stated in the news release. “NIBA conferences are designed to be a showcase for public and private companies…

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TuesdayOct 22, 2019 11:35 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Finalizes Terms of Landmark Deal to Acquire Top Hydroponics eCommerce Supplier BZRTH Inc.

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced the finalization of terms for a definitive agreement between Sugarmade and BZRTH Inc.  Under the agreement, Sugarmade will acquire BZRTH Inc. (“BZRTH”), a leading ecommerce supplier to the rapidly expanding hydroponic agricultural space. The parties expect finalization and closing of the acquisition by October 31, 2019. “After months of negotiations, we now have robust terms set into place that represent enormous value for Sugarmade shareholders,” Sugarmade CEO Jimmy Chan said in the news release. “This acquisition, in itself, will dramatically augment the Company’s top and…

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TuesdayOct 22, 2019 10:59 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Commences Harvest at CBD Hemp Farm in Oregon

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that the company has begun its 2019 harvest at its CBD hemp farm in Scio, Oregon. MCOA, with its joint venture partner, Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG), has created joint venture subsidiary, Covered Bridge Acres Ltd. (“CBA”), which owns the hemp biomass that spans 35 acres and incorporates environmentally-friendly and biodegradable methods. "The initial results of this harvest in Oregon are incredibly promising," Marijuana Company of America CEO Donald Steinberg said in the news release. "Our commitment to growing only of the…

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