Breaks Categories: News

FridayJan 17, 2020 10:22 am

NetworkNewsBreaks – MCTC Holdings, Inc. (MCTC) Announces Filing of 6th Patent for Hemp Extract Delivery on CBD Coffee Pods, Delivery System

MCTC Holdings (OTC: MCTC), a cannabinoid science forward company developing unique infusion technologies and cannabinoid delivery systems, today announced the filing of a patent for single-serving coffee pods containing cannabinoids and for a unique dosing system. According to the update, the system is MCTC’s sixth patent in the field of cannabinoid delivery and allows manufacturers to simply and easily add cannabinoids or other active ingredients to coffee pods. “The patent filing broadly outlines a variety of methods and technologies to be used for adding cannabinoids to single-serving coffee pods,” MCTC Holdings CEO Arman Tabatabaei said in the news release. “Our…

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FridayJan 17, 2020 9:27 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Provides Update on Portfolio Companies

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning provided an update regarding recent announcements from its portfolio companies High Beauty, Inc., TerrAscend Corp. (CSE: TER), YSS Corp. (TSX.V: YSS) and James E. Wagner Cultivation Corp. (TSX.V: JWC) (OTCQX: JWCAF). Per the update, High Beauty will remember 2019 as the year it expanded its retail presence across the U.S., Canada, and Europe. YSS Corp. and James E. Wagner Cultivation Corp. are currently assessing opportunities to increase their retail footprint in Canada, while TerrAscend is taking steps to build out its U.S. operations in 2020.…

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ThursdayJan 16, 2020 2:53 pm

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) Enters Share Exchange Agreement to Acquire Gateway Innovations Ltd.

Fintech holding company Xalles Holdings (OTC: XALL) today announced the execution of a share exchange agreement to acquire Gateway Innovations Limited, a Ghana-based company investing in the fintech and information technology market in Africa. Per the agreement, Gateway will become a wholly owned subsidiary of XALL in exchange for restricted shares in the company. The agreement specifies a February 14, 2020 closing date for the transaction. Additional details of the projects will be released following the Closing event. “We are pleased to announce this acquisition as a step towards establishing a series of strategic global fintech centers and even more…

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ThursdayJan 16, 2020 2:18 pm

NetworkNewsBreaks – Rapid Nutrition (RAP: SW) (OTCQB: RPNRF) Issues Update Detailing Achievements During the Last Six Months of 2019

Rapid Nutrition (RAP: SW) (OTCQB: RPNRF), a natural healthcare company focused on the research, development, and production of a range of life science products, on Monday announced a trading update for the six months ended December 31, 2019. Among other highlights, the company reported that it generated revenues of $1.78 million during the second half of 2019, obtained two significant sales contracts from GNC & Sigma, and increased its global distribution footprint. Rapid Nutrition will publish its half-year report on March 30th, 2020. “The Board believes there are significant opportunities to grow the business organically and through acquisitions. Our focus…

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ThursdayJan 16, 2020 12:07 pm

NetworkNewsBreaks – Mirum Pharmaceuticals, Inc. (NASDAQ: MIRM) Closes $48M Follow-On

Mirum Pharmaceuticals (NASDAQ: MIRM), a biopharmaceutical company concentrating on the development and commercialization of novel therapies for debilitating liver diseases, recently closed an underwritten public offering of 2,400,000 shares of its common stock. Sold at a price of $20.00 each, the offering resulted in gross proceeds of $48 million. Additionally, the company granted the underwriters a 30-day option to purchase up to 360,000 shares at the public offering price of $20.00 per share. ROTH Capital Partners served as co-manager for the offering. To view the full press release, visit http://nnw.fm/5xnIc About Mirum Pharmaceuticals, Inc. Mirum Pharmaceuticals, Inc. is a clinical-stage…

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ThursdayJan 16, 2020 10:00 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Enters Swedish Market with Launch of UV350, Receives First Purchase Order

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced its launch of the UV350 dedicated in-vehicle IoT device in Sweden and receipt of its first purchase order to supply heavy trucks, forestry, logistic companies, and more. Per the update, Siyata anticipates further launches in additional countries in 2020. “We are very pleased to enter into the Swedish market with our Uniden UV350 dedicated in-vehicle IoT device,” Siyata Mobile CEO Marc Seelenfreund said in the news release. “This represents an excellent European market for Siyata, as Swedish commercial vehicle owners look to migrate and augment single purpose hardware to the endless functionality…

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ThursdayJan 16, 2020 9:53 am

NetworkNewsBreaks – MCTC Holdings, Inc. (MCTC) Launches Project Varin to Develop New Delivery Systems for THC-V

MCTC Holdings (OTC: MCTC), a cannabinoid science forward company developing unique infusion technologies and cannabinoid delivery systems, today announced Project Varin, a program to develop new delivery systems for Tetrahydrocannabivarin (“THC-V”). According to the update, THC-V is becoming known within the cannabinoid sciences arena as the "Skinny Cannabinoid" due to its purported appetite suppression qualities and potential use as a treatment against obesity-associated glucose intolerance. “THC-V is so rare and difficult to obtain, it is currently valued at around $500,000 per kilogram, which is approximately ten times the price of gold. In order for the marketplace to utilize this potentially…

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ThursdayJan 16, 2020 9:18 am

NetworkNewsBreaks – Organigram Holdings Inc. (TSX: OGI) (NASDAQ: OGI) Boosts Consumer Access to Quality Medical Cannabis Products via Supply Agreement

Organigram Holdings (TSX: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced that it has entered a supply agreement with Medical Cannabis by Shoppers, the online medical cannabis platform by Shoppers Drug Mart Inc. The agreement, which is comprised of a three-year term subject to renewal for an additional two years, highlights Organigram’s commitment to provide Canadian consumers access to quality medical cannabis products. Per the terms of the agreement, Organigram will provide Shoppers with a broad array of products such as dried flower, oils and other products as they become available…

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WednesdayJan 15, 2020 2:00 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Establishes Leasing and Finance Division for Canadian Customers

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) today announced the creation of a leasing and financing division for Canadian auto loans. Per the release, this move will enable Canadian consumers to fully benefit from the company’s cloud-based platform that is transforming the buying, selling and leasing of cars, trucks and other vehicles. The company is currently in discussions to arrange lease lines for consumers and dealers who use PowerBand in Canada, and plans to coordinate similar lease lines and financing options in the US in the near future. “The PowerBand cloud-based transaction platform will enable people to buy, sell,…

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WednesdayJan 15, 2020 11:58 am

NetworkNewsBreaks – Noble Capital Markets, Inc. Announces Delivery of Opening Keynote Address by Jeb Bush at NobleCon16

Noble Capital Markets today announced that Jeb Bush, governor of Florida (1999-2007), will deliver the opening keynote address at Noble’s sixteenth annual small & microcap investor conference NobleCon16. The event is slated to take place at the flagship Hard Rock Guitar Hotel & Casino, located 10 minutes from the Fort Lauderdale International Airport, from February 16-18, 2020. The address is scheduled for Feb. 17, 2020, at 8:30 AM in the Seminole Ballroom and, considering it falling on Presidents Day, Mr. Bush offers a unique perspective on the upcoming election, given his close family ties to the White House. “NobleCon offers…

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