Breaks Categories: News

MondayMay 20, 2019 9:41 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Acquire Business and Assets of Premier Indoor Cultivator Lyfted Farms

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced its entry into a non-binding letter of intent (“LOI”), dated May 17, 2019, to acquire the business and assets of Lyfted Farms Inc. Based in Modesto, California, Lyfted Farms is a state licensed producer of high quality indoor grown cannabis and owns three permanent state licenses for cultivation (nursery), cultivation (grow) and distribution. “The Proposed Acquisition includes an exceptional brand, with a range of  high-end flower, growing revenues, fifty exotic and unique genetic strains and a team that’s been a staple in the Modesto valley with over two decades of…

Continue Reading

MondayMay 20, 2019 9:27 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Featured in Wall Street Journal Article Examining the Nighttime-Specific Food and Beverage Category

Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning announced that it was prominently featured in a recent Wall Street Journal article examining the birth and massive potential of the nighttime-specific food and beverage category. “We’ve talked about the inevitability of this category for years now,” Sean Folkson, CEO of Nightfood, stated in the news release. “The Wall Street Journal is now validating that vision. All the national media we receive supports not only the compelling business proposition, but the incredibly unique value proposition of our product line that has captivated consumers.” To…

Continue Reading

FridayMay 17, 2019 11:56 am

NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Aptito to Showcase Robust Solutions at the 2019 National Restaurant Association Show

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that its Aptito subsidiary’s retail and restaurant solutions will be showcased at the 2019 National Restaurant Association Show to be held at Chicago’s McCormick Place from May 18 to 21, 2019. Per the update, Aptito's presentation at the nation’s most recognized restaurant industry-focused event will showcase its robust solutions with an emphasis on its all-new Android architecture POS software. “Aptito restaurant solutions make restaurants stand out from the competition with interactive menus, self-ordering kiosks and seamless back-office integration,” Net Element Chief Technology Officer Andrey Krotov said in the…

Continue Reading

FridayMay 17, 2019 10:57 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Acquisition of Second Nevada Cultivation Facility

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) this morning announced the May 16, 2019 completion of its previously announced acquisition of a Pahrump, Nevada cultivation facility, operated by Wellness Orchards of Nevada LLC (“WON”) and Panorama WON LLC (“Panorama”) for a purchase price of $13,372,162 (CAD$16,749,970). Per the update, the acquisition expands GGB's Nevada cultivation footprint to two facilities and positions the company to supply its retail operations and enhance its current cannabis wholesale operations. To view the full press release, visit http://nnw.fm/9oHeO About Green Growth Brands Green Growth Brands creates remarkable experiences in cannabis and CBD,…

Continue Reading

FridayMay 17, 2019 10:03 am

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Q1 2019 Financial and Operational Results

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced its financial and operational results for the first quarter ended March 31, 2019. Among the highlights, the company reported propagation of an additional four grow rooms and confirmed that construction of the Kelowna 1 purpose-built, indoor cultivation facility is on track for completion in the third quarter of 2019. “Our team in Kelowna is doing a tremendous job balancing our construction schedule, propagating and harvesting from rooms as they come online, and refining our cultivation process as we dial in our facility,” Flowr CEO Vinay Tolia…

Continue Reading

FridayMay 17, 2019 9:48 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Expects Dramatic Increase in Revenue, Profitability Through Direct Solar Asset Acquisition

Technology and investment company SinglePoint (OTCQB: SING) on Thursday announced that it expects to dramatically increase revenues after completion of its largest deal to date, the asset acquisition of Direct Solar. According to the update, Direct Solar’s Lending Tree/Rocket Mortgage model allows expansion throughout the U.S. and globally and, with the backing of SinglePoint, Direct Solar will have the ability to quickly scale into new markets and establish the company’s foothold in the solar sector. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht stated in the news release.…

Continue Reading

ThursdayMay 16, 2019 12:07 pm

NetworkNewsBreaks – Gogo Inc. (NASDAQ: GOGO) Closes $925M Private Offering

Gogo (NASDAQ: GOGO), a leading global provider of broadband connectivity products and services for aviation, has closed a private offering to qualified institutional buyers pursuant to Rule 144A. According to the update, the offering is in the aggregate principal amount of $925 million of 9.875 percent senior secured notes due 2024 to be issued by its direct wholly owned subsidiary, Gogo Intermediate Holdings LLC, and indirect wholly owned subsidiary, Gogo Finance Co. Inc. ROTH Capital Partners acted as co-manager for the offering. “The enthusiastic response to our offerings allowed us to extend maturities and lower the interest rate on our…

Continue Reading

ThursdayMay 16, 2019 11:30 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Agreement to Acquire Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B)

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its entry into a definitive arrangement agreement with Blissco Cannabis Corp. (CSE: BLIS) (OTCQB: HSTRF) (FRA: GQ4B). Under the agreement, Supreme Cannabis will acquire all of the issued and outstanding common shares of Blissco, not already owned by Supreme Cannabis, by way of a court-approved plan of arrangement under the Business Corporations Act (British Columbia). The arrangement is an all-stock transaction with a total value of approximately C$48 million. “Blissco has built a distinct and authentic premium wellness brand. Through our strategic partnership and prior investment in the…

Continue Reading

ThursdayMay 16, 2019 11:15 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) to Host Teleconference to Discuss Q1 2019 Financial Results and Provide Business Update

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of high pressure-based instruments, consumables, and related services for the global life sciences and other industries worldwide, on Wednesday announced that it will host a teleconference to discuss its first quarter 2019 financial results and provide a business update. The call is scheduled for May 16, 2019 at 4:30 PM ET. Interested parties may listen to the teleconference live by dialing (844) 602-0380 (North America) or (862) 298-0970 (International) and stating the following verbal passcode: PBI First Quarter 2019 Financial Call & Business Update. A replay will be…

Continue Reading

ThursdayMay 16, 2019 10:27 am

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Reports Q1 2019 Financial Results, Provides Business Update

Global technology and value-added solutions group Net Element (NASDAQ: NETE) on Wednesday released its financial results for the first quarter ended March 31, 2019 and provided a business update. Net Element also hosted a conference call and webcast on May 16, 2019 to discuss first quarter 2019 financial results and business highlights, and a recorded replay of the webcast is available on the company’s website. “We are pleased with our first quarter results and ongoing progress our team has made to improve gross margins through use of scalable infrastructure and penetration of value-added technologies,” Net Element CEO Oleg Firer said…

Continue Reading