Breaks Categories: News

WednesdayApr 17, 2019 9:30 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) Announces Poster Presentation at the Neuroimmunology Drug Development Summit in Boston

INmune Bio (NASDAQ: INMB) this morning announced that Christopher Barnum, Ph.D., Director of Neuroscience and Translational Medicine, will be presenting a poster at the Neuroimmunology Drug Development Summit taking place in Boston on April 17th. The poster presentation is titled “Phase 1b open-label, biomarker-directed study of the brain penetrant, soluble selective inhibitor of soluble tumor necrosis factor (TNF) XPro1595 in patients with mild to moderate Alzheimer’s disease.” The presentation will highlight INmune’s drug candidate XPro1595 which targets neuroinflammation, a cause of microglial activation and neuronal cell death. “Because of our focus on neuroinflammation as a cause of neurologic disease, we…

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TuesdayApr 16, 2019 1:22 pm

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Announces Cornerstone Distribution Account with Lowes Foods Chain

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, today announced the distribution of its Nightfood ice cream at Lowes Foods, a supermarket chain with significant presence in the Carolinas, across all 78 of its locations. Per the update, Lowes Foods, founded in 1954, is a top-50 revenue supermarket chain with approximately 9,000 employees that operates full-service supermarkets in North Carolina, South Carolina, as well as one location in Virginia. “Lowes has an amazing reputation and instantly gives us a powerful presence through the Carolinas,” Nightfood CEO Sean Folkson stated in the news release. “We’re…

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TuesdayApr 16, 2019 12:53 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Completes 2019 Phase One Drilling Program at the Irgon Lithium Mine Property

British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning provided an update on its Irgon Lithium Mine Project located within the prolific Cat Lake-Winnipeg River rare-element pegmatite field of S.E. Manitoba. The company reported the completion of its 2019 Phase One drilling program on the Irgon Lithium Mine Property. The program comprised of 18 NQ diamond drill holes that were collared and completed for a total of more than 2,300 meters of drilling, with many of these holes intersecting substantial visible spodumene mineralization. The drill program, which was developed and overseen by SGS Canada, was designed…

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TuesdayApr 16, 2019 12:42 pm

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters LOI to Acquire Coastal Labs

Premium cannabis firm Green Hygienics Holdings Inc. (OTCQB: GRYN) this morning announced its entry into a letter of intent to acquire Coastal Labs. Las Vegas-based Coastal Labs was founded in 2014 by Kavan Thanasith and Travis Chrisman with the intention of providing raw CBD products to CBD merchants under the Coastal Pay umbrella. In 2017, it was recognized by San Diego Business Journal as one of the top 100 fastest-growing private companies. Per the update, Coastal Labs has generated various revenue sources by expanding its network throughout different sectors of the industry, with a focus on sales of seeds, hemp…

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TuesdayApr 16, 2019 12:05 pm

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Posts Q4, Full Year 2018 Financial Results

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, this morning announced financial results for the fourth quarter and full year ended December 31, 2018. Among other highlights, the company reported full year revenues of $162.4 million; full year adjusted EBITDA of $7 million, up from negative $549,000 in 2017; and full year operating loss of $2.6 million, a 55% improvement from $5.9 million in the prior year. “We are encouraged by the improvement in our gross margins and the significant turnaround in Adjusted EBITDA over 2017. We are seeing revenue stabilization in the direct selling segment and we anticipate…

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TuesdayApr 16, 2019 11:53 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Enters EU Market through Agreement with Two Towers

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) today announced that it has signed an agreement with Two Towers to expand the Wildflower Wellness brand’s CBD+ line of products into Poland. Per the update, Two Towers, a major wholesale prescription medical and over the counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies operating around the central capital region of Warsaw. “The European market is fragmented with no CBD market leaders,” William MacLean, CEO of Wildflower Brands, stated in the news release. “Our agreement with Two Towers vastly reduces barriers to moving…

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TuesdayApr 16, 2019 11:12 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and…

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TuesdayApr 16, 2019 10:47 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) CEO to Present at Benzinga Cannabis Capital Conference

Cannabis product manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and chief executive officer, Jake Heimark, will be presenting at the third annual Benzinga Cannabis Capital Conference on April 18, 2019, at 1:20 p.m. ET. As noted in the news release, Benzinga describes Cannabis Capital Conference as “The premier gathering of cannabis entrepreneurs and investors in North America.” An audience of over 750 institutional and retail investors, public and private companies and media representatives is expected to attend the event, which is scheduled to take place on April 17-18 at the Fairmont Royal York in…

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TuesdayApr 16, 2019 10:18 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Completes Purchase of Vertically Integrated Cannabis Facility in California

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced its completion of the purchase of a 196,000 square foot vertically integrated cannabis facility. Per the update, the total purchase price for the property was $15 million. “A tremendous effort by the TransCanna team on closing arguably the largest vertically integrated cannabis focused facility in California,” TransCanna CEO Jim Pakulis said in the news release. “Simultaneous to putting our efforts into purchasing the facility, we've been searching extensively for the key individuals who will be overseeing the day to day operations. We've made great strides over the past several weeks and should…

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TuesdayApr 16, 2019 9:33 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Receives Additional $426,000 to Proceeds of $1 Unit Offering

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) on Monday announced its receipt of subscriptions for a further $426,000 of the company’s $1.00 unit offering. According to the update, Standard Lithium has accepted the subscriptions and has issued 426,000 units, each at price of $1.00, with each unit consisting of one company common share and one-half-of-one common share purchase warrant (each whole warrant, a “warrant”). Holders of each warrant are entitled to acquire one additional common share of the company, at a price of $1.30 per share, for a period of thirty-six months and subject to adjustment…

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