Breaks Categories: News

ThursdayJul 18, 2019 9:28 am

NetworkNewsBreaks – Imaging3, Inc. (IGNG) Subsidiary Enters LOI with Dogwood Management Group, Inc.

Imaging3 (OTCQB: IGNG) today announced that its wholly owned subsidiary Grapefruit Boulevard Investments, Inc. has entered a letter of intent (‘LOI”) with Dogwood Management Group, Inc. Per the non-binding letter of intent dated June 12, 2019, the companies intend to have Grapefruit acquire and Dogwood manage licensed and fully compliant retail cannabis dispensaries throughout California that meet certain regulatory, operational and financial results requirements. Under the terms of the LOI, Dogwood will be primarily responsible for identifying and conducting due diligence on prospective acquisition candidates, while Grapefruit will be responsible for structuring the acquisition of any legal dispensary using cash,…

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WednesdayJul 17, 2019 11:47 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Acquire Truverra in Preparation for Legalization 2.0 and Global Wellness Markets

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced its entry into a definitive agreement under which it will acquire all of the issued and outstanding shares of privately-held Truverra Inc. Per the update, the acquisition will be effected by way of a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly-owned subsidiary of Supreme Cannabis. The transaction is valued at 14.7 million common shares of Supreme Cannabis, with an approximate dollar value of $20,000,000 as of the company's closing price on July 16, 2019. “The recent introduction of Health Canada's amended cannabis regulations creates a distinct opportunity…

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WednesdayJul 17, 2019 11:41 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Receives $700K Single End-Use Customer Purchase Order to Equip Mobile Workforce, Vehicle Assets

Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced its receipt of a $700,000 purchase order from a single end-use customer. According to the update, the order is to equip the customer’s mobile workforce and vehicle assets with UR7 rugged handsets and CP250 in-vehicle device for a national railway company. “This is another major win for Siyata, and demonstrates our ability to deliver large scale contracts with leading cellular carriers and their end use customers in various verticals of the market,” Siyata Mobile CEO and Chairman Marc Seelenfreund said in the news release.…

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WednesdayJul 17, 2019 11:01 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches New Look for Cannabis Infused Edibles Line

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced a new look for its line of low dose cannabis infused edibles. According to the update, market structure research from Henry J. Rak Associates guided the rebrand that was designed by Partners & Spade, an agency that has worked alongside brands including Peloton and Warby Parker. The new packaging and product system, which focuses on the science behind unique combinations of THC and CBD, intends to create the right mix of cannabinoids paired with a targeted flavor profile to provide consumers with…

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WednesdayJul 17, 2019 10:52 am

NetworkNewsBreaks – MustGrow Biologics Corp (CSE: MGRO) Appoints Senior Executive with Extensive Regulatory Prowess to Board of Directors

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced the appointment of Brian Quigley to its board of directors, subject to applicable regulatory approval. Quigley, a proven leader in navigating complex regulatory environments for novel and innovative products, brings to MustGrow a competitive strategic advantage with over 20 years of regulatory expertise, brand building, marketing and operations experience. Brian most recently spent 16 years at Altria Group, with seven of those as president and CEO for U.S. Smokeless Tobacco and Nu-Mark, Altria’s innovation company. “Brian brings extensive regulatory prowess, brand building and product innovation experience to MustGrow,” MGRO…

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WednesdayJul 17, 2019 10:20 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Acquires Interest in Coastal Green Holdings; Extends Warrant Expiry Date

Choom Holdings (CSE: CHOO) (OTCQB: CHOOF), a fully integrated cannabis company, this morning announced that, upon conversion of the convertible debenture issued to Choom by Coastal Green Holdings Ltd., it will acquire a 19.9% equity interest in the British Columbia-based cannabis retailer. Choom's interest contains a variety of rights, including the right to acquire 100% of Coastal Green in certain circumstances and subject to regulatory restrictions. Coastal Green has applied to become an approved retailer through the British Columbia Liquor and Cannabis Regulation Branch (“LCRB”) with the intention of opening eight retail stores that would be mainly located on the…

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WednesdayJul 17, 2019 9:29 am

NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) President Issues Letter to Shareholders

Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) this morning released an update letter from the company’s president and CEO Ranjeet Sundher. Per the update, the company is presently working to advance its 100% controlled Cyclops laterite nickel-cobalt project in Indonesia. Among other highlights, Pacific Rim Cobalt has completed over 60 drill holes to date at the project which consistently reveal strong mineralization occurring from surface (up to 12m depth). Looking forward, the company anticipates to achieve milestones that include meeting with representatives from Beijing Easpring with the goal of finalizing the preliminary offtake agreement announced on July 11,…

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TuesdayJul 16, 2019 3:24 pm

NetworkNewsBreaks – QuoteMedia Inc. (QMCI) Assigned ‘Outperform’ Rating by Noble Capital Markets

QuoteMedia Inc. (OTCQB: QMCI), a leading provider of market data and financial applications, yesterday announced that Noble Capital Markets Inc. has initiated coverage of the company, assigning an initial rating of ‘Outperform’ alongside a price target of $0.25 per share. Per the report, QuoteMedia “plays in a large market, has a scalable business model, favorable pricing ability, and is flexible to compete for business that wants customizable solutions on multiple platforms.” Following Monday’s news release, QMCI shares climbed to a 52-week high of $0.21 on volume of 196,000. To view the full research report, visit http://nnw.fm/4NgQK To view the full…

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TuesdayJul 16, 2019 11:27 am

NetworkNewsBreaks – VPR Brands LP (VPRB) Announces New HoneyStick – Elf with Adjustable Intensity Settings

Innovative technology holding company VPR Brands LP (OTC: VPRB) today announced an update on its strategy to increase the visibility of its HoneyStick brand as a leading global producer of cannabis vaporizers. Per the update, HoneyStick is introducing the new improved Elf variable voltage mini vape mod. The Elf is the company’s best-selling battery of 2018, and the new twist unit includes adjustable intensity settings between 2.5 volts and 4.0 volts, upgraded air flow sensors for smoother pulls and bigger rips, and new colors of slate and sparkling silver. “Our team continues to keep it fresh whether it’s simply new…

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TuesdayJul 16, 2019 10:26 am

NetworkNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) to Launch Premium BioNatural Oil Products Under CALIBER Brand

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced its plans to launch premium cannabis oil products under its CALIBER brand that utilize its unique and differentiated BioNatural Oil (“BNO”), which is produced by Sproutly’s proprietary Aqueous Phytorecovery Process (“APP”). Per the update, Sproutly initially intends to expand the CALIBER brand of products into oil capsules that deliver 5mg of full spectrum THC cannabis, giving consumers full control to dose in 5mg increments. “CALIBER has been carefully curated with the cannabis connoisseur in mind. The unique benefits of BioNatural Oil, combined with high quality flower grow and genetics,…

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