Breaks Categories: News

MondayJun 10, 2019 9:23 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Portfolio Company Inks LOI to Form Magnolia Extracts LLC, Substantially Build Out Cannabis Facility

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced that Northern Lights Distribution LLC (“NLD”) has signed a Letter of Intent (“LOI”) with Alpha Private Equity & Capital LLC to form a joint venture (“JV”) called Magnolia Extracts LLC for large-scale expansion operations to start distribution, delivery and manufacturing of its cannabis products in the city of Lynwood, California. In April 2019, MCOA announced that it has secured a 20% ownership interest and signed a joint venture agreement with Natural Plant Extract of California (“NPE”) to establish a premier cannabis delivery company called Viva Buds.…

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FridayJun 07, 2019 11:57 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Strategic Partnership with PAX Labs

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into an agreement with Pax Labs, Inc. Under the agreement, Supreme Cannabis will become a foundational brand partner and supplier for the PAX Era in Canada, pending federal legalization of the vaporizable products. "Supreme Cannabis is excited to be partnering with PAX to provide consumers with the ultimate vaporizing experience. Together, we expect to deliver 7ACRES' multi-award winning flower extracted into oils exclusively for use in North America's best-selling premium vaporizer, the PAX Era," Supreme Cannabis CEO Navdeep Dhaliwal stated in the news release. "7ACRES has…

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FridayJun 07, 2019 11:12 am

NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Selected as a Canadian Launch Partner of PAX Era

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), a leading licensed producer of cannabis and extract-based products, today announced that it was selected as one of the four Canadian launch partners of PAX Era, the premium oil vaporizer created by PAX Labs, Inc. PAX Labs is a leading consumer technology brand in the design and development of premium vaporizers for dry flower, as well as concentrates when they become legal in Canada later this year. “Cannabis 2.0 – the next generation of legal, adult use cannabis products – represents a world of opportunity,” Organigram CEO Greg Engel said in the news release.…

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FridayJun 07, 2019 11:02 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Closes $10M Brokered Private Placement

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced the close of its brokered private placement of 2,000,350 units which were sold at a price of CAD$5.00 each, resulting in total gross proceeds of CAD$10,001,750. Each unit sold comprised of one common share and one half of one common share purchase warrant. Warrant holders are entitled to acquire an additional share at a price of $6.00 for each full warrant until June 7, 2022. TransCanna paid a commission of 7% of the total gross proceeds through a payment of $700,122.50 in cash as well as a corporate finance fee of $150,000,…

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FridayJun 07, 2019 9:59 am

NetworkNewsBreaks – NetworkNewsWire to Join FWD Pharma to Foster Richly Rewarding Experience for August 2019 Conference

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) will serve as the Official Newswire and Media Sponsor for the FWD Pharma Conference. The event will be held at the Doubletree by Hilton Hotel Philadelphia City Center in historic Philadelphia, Pennsylvania from August 6 through August 8, 2019. “FWD Pharma has an impressive strategy of joining industry professionals with interactive panels, case studies and hands-on workshops to help attendees truly understand the importance of today’s digital journey,” NNW Communications Director Jonathan Keim said in the news release. “In any data-driven environment, it’s essential to stay up to date on the next-level…

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FridayJun 07, 2019 9:46 am

NetworkNewsBreaks – Pacific Software Inc. (PFSF) Collaborates with Império for Commercial Marketing and Promotion of BOAPIN.com Trade Portal

Emerging business development technology innovator Pacific Software (OTC: PFSF) on Thursday announced its entry into a Memorandum of Understanding (“MOU”) with Sao Paulo, Brazil-based Império Assessoria em Informaçoes LTDA. Under the agreement, the parties agree to commercially market and promote the activities of the commodities trade portal BOAPIN.com powered by Pacific Software and Atlas Cargo Suite, an agribusiness, logistics management software module owned and operated by Império. “This collaboration will include the commercial marketing and promotion of the BOAPIN.com platform as a front-end e-commerce solution and the assimilation of ‘Chain Integration Intelligence,’ a client application from the Atlas Cargo Suite…

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ThursdayJun 06, 2019 10:22 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Begins Trading on OTCQX Best Market; Acquires Option to Purchase California Based Cannabis Oil Manufacturer

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company in the U.S., this morning announced that it has qualified to trade on the OTCQX Best Market and will begin trading today, June 6, 2019, under the symbol “PLPRF.” The company’s shares will continue to trade under the symbol “PLUS” on the Canadian Securities Exchange. “Plus Products joins more than 175 companies that cross-trade their shares in Canada and in the U.S. on the OTCQX Market,” said Jason Paltrowitz, EVP of Corporate Services at OTC Markets Group. “Upgrading to OTCQX from the OTCQB Venture Market enables companies to…

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ThursdayJun 06, 2019 9:37 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Reports 2019 AGM Results

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced the results of its annual general and special meeting of shareholders held on June 4, 2019. According to the update, VIVO Cannabis shareholders approved a number of resolutions at the meeting, including: the re-appointment of MNP LLP as the company’s auditor for the 2019 fiscal year; fixing the number of company directors at six; the election of directors; and ratification of the company's 2017 Stock Option Plan. A total of 122,552,741 of the 294,800,314 company common shares outstanding as at the record date were voted at the meeting, representing 41.6 percent…

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ThursdayJun 06, 2019 9:24 am

NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Begins Phase Two Drilling at Cyclops Nickel-Cobalt Project; Completes Debt Settlement

Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE), a Canada-based exploration company, this morning announced the beginning of phase two drilling at its flagship Cyclops nickel-cobalt development project in Indonesia. The drilling is part of a complex exploration program intended to verify historical results and produce a resource estimate in late 2019. In addition to historically identified and drill-tested areas, Pacific Rim Cobalt’s efforts will also focus on previously undrilled prospects. The company’s goal for the second half of 2019 is to complete up to 50 additional drill holes and then establish a maiden compliant resource on the project.…

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WednesdayJun 05, 2019 10:41 am

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Renews Access Agreements for Port and Power

Canadian iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced the renewal of its letter of intent (“LOI”) with TransInvestServis (“TIS”) for storage and cape-size ship loading capacity at TIS’ privately owned berth at Port Yuzhny in an effort to match projected production from the phased build of Black Iron’s Shymanivske Project. In addition, the company has renewed its LOI with DTEK DNIPRO GRIDS JSC to secure the required electricity to operate the mine and processing plant. “Renewal of our major infrastructure LOIs is important to provide confidence for investors in…

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