Breaks Categories: News

ThursdayMay 23, 2019 9:48 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Enters Agreement with Leading Australian Medical Cannabis Distributor

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF) on Wednesday announced its entry into a distribution agreement with Burleigh Heads Cannabis Pty Ltd., one of Australia's leading medicinal cannabis distributors. The agreement is expected to increase Australian patients’ access to VIVO's high-quality medicinal cannabis flower, oil and other products via approved channels. “We are very excited to announce the signing of this distribution agreement, which will give us increased exposure in the Australian market and enhance consumer awareness of our brand and products,” VIVO CEO Barry Fishman stated in the news release. “Burleigh Heads is a strong advocate for improving patient access…

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ThursdayMay 23, 2019 9:39 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Names New Chief Executive Officer; Hosting Analyst and Investor Day May 28

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) has appointed former OMERS venture capitalist and Canopy Rivers President, Mr. Narbé Alexandrian, to Chief Executive Officer of the company, effective immediately. Canopy Rivers’ former CEO, Bruce Linton, will continue to serve as Chairman of the Canopy Rivers Board of Directors. “I would like to thank Bruce, the Board of Directors, and the entire team at Canopy Rivers for the privilege and opportunity to build upon the impressive portfolio and platform that has been developed to date,” Canopy Rivers president and CEO Narbé Alexandrian stated in the news release. “With the global cannabis economy…

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WednesdayMay 22, 2019 11:50 am

NetworkNewsBreaks – Jiayin Group Inc. (NASDAQ: JFIN) Closes $42.3 Million IPO

Jiayin Group (NASDAQ: JFIN) has closed its initial public offering of 4,025,000 American Depositary Shares (“ADS”), including an additional 525,000 ADSs per the full exercise of the over-allotment option granted to the underwriters. The offering resulted in gross proceeds for Jiayin Group of approximately $42.3 million, with each ADS representing four of its Class A ordinary shares, sold at the public offering price of $10.50 per ADS. The ADSs began trading on the Nasdaq Stock Market under the “JFIN” ticker symbol on May 10, 2019. ROTH Capital Partners acted as sole book-running manager for the offering. To view the full…

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WednesdayMay 22, 2019 11:45 am

NetworkNewsBreaks – JinkoSolar Holding Co., Ltd. (NYSE: JKS) Closes $74.8M Follow-On

JinkoSolar Holding (NYSE: JKS), one of the world’s largest and most innovative solar module manufacturers, has closed a follow-on offering of 4,671,875 American depositary shares ("ADS"), including 609,375 additional shares per the full exercise of the over-allotment option. The offering resulted in gross proceeds to JinkoSolar of approximately $74.8 million, with each ADS representing four ordinary shares, sold at $16.00 per ADS. The company intends to use the proceeds for general corporate purposes, including capital expenditures for capacity expansion and upgrade, as well as working capital. ROTH Capital Partners acted as co-manager for the offering. To view the full press…

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WednesdayMay 22, 2019 11:09 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Grants Deferred Share Units Under Equity Incentive Plan; Enters Advisory Agreement with Authentic Retail Concepts

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the grant of an aggregate of 212,636 deferred share units ("DSUs") to certain of its non-executive directors as a compensation for services to the company under its equity incentive plan. Upon vesting, with all to vest as of the date of award, each DSU will carry the right to receive one common share of the company. In addition, the company has entered into an arm's length advisory services agreement with Authentic Retail Concepts, Ltd. ("ARC"). Under the agreement, ARC will perform a variety of ongoing consulting services related…

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WednesdayMay 22, 2019 10:59 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Announces Completion of QuadSight Demos for Leading OEMs, Tier One Suppliers

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced its successful completion of a series of technological demonstrations of its QuadSight vision system in France. Per the update, the demonstrations for four leading vehicle manufacturers (“OEMs”) and Tier One suppliers follow a successful technological roadshow in Japan with six additional OEMs and Tier One suppliers, several expressing interest in purchasing the QuadSight prototype system for further evaluation. “I am fully confident in the strength of our product and the growth potential of our company,” Foresight CEO Haim Siboni said in the news release. “In recent months,…

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WednesdayMay 22, 2019 10:13 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Adds New Products to Medical Cannabis Platform; Announces Planned Release of Q1 2019 Results & Change of AGM Venue

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), through its wholly-owned subsidiary, Canna Farms Limited, this morning announced that it has added GTEC Holdings Ltd. (TSX.V: GTEC) (OTCQB: GGTTF) (FRA: 1BUP), sold under the GreenTec(TM) brand, to the licensed producers selling product on its medical cannabis platform. According to the update, the addition to Canna Farm’s recently launched medical cannabis website, now the largest on-line platform for medical cannabis users across Canada, expands the variety of quality products available to medical patients. “Supplying the medical market with high quality standardized cannabis has always been a primary focus for VIVO,” Barry Fishman, CEO…

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WednesdayMay 22, 2019 10:01 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Exclusive Distribution Agreement for South Africa

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced the signing of an exclusive distribution agreement for the South African market with Africann, a local company specializing in the distribution of best-of-breed North American hemp products. Presently, Africann distributes to all the top pharmacy, health and wellness chains and independent pharmacy groups in South Africa. “More and more distributors are approaching us from all over the world to distribute Wildflower products. The consistent trend is that they are looking at the U.S. market to find CBD products to test and see what brands would fit the broadest consumer market. As…

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WednesdayMay 22, 2019 9:20 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Schedules Release of Q1 2019 Financial Results, Conference Call

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a leading global developer and provider of cellular communications solutions, on Tuesday announced that it will be releasing its first quarter 2019 financial results on May 23, 2019. In addition, the company will be hosting a conference call to discuss the results on May 24, 2019 at 9:00 AM ET. To join the call, dial 1-866-521-4909 for the North American toll-free line or 1-647-427-2311 for the international line. A replay of the conference call will be available in MP3 format by contacting Arlen Hansen at 1-866-684-6730 or through email at [email protected]. To view the…

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TuesdayMay 21, 2019 1:21 pm

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Agripharm Corp. Awarded Outdoor Cultivation License

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company, Agripharm Corp., has received its outdoor cultivation license from Health Canada. According to the update, Agripharm will use award-winning genetics to grow its first outdoor crop this summer at its Creemore, Ontario location. “We are pleased to see Agripharm diversify its operations and increase its growing capacity with the grant of this outdoor cultivation license,” Canopy Rivers COO Oliver Dufourmantelle said in the news release. “Agripharm's outdoor production is ahead of the curve with support from Green House Brands, which provides decades of experience in choosing, and successfully…

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