Breaks Categories: News

MondayNov 25, 2019 10:55 am

NetworkNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) CEO Issues Comments on Recent 10-Q Filings

Grapefruit Boulevard Investments (OTCQB: IGNG), a Los Angeles based company and wholly-owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), today issued comments from Grapefruit/Imaging3 CEO Bradley J. Yourist concerning IGNG’s recently filed quarterly report on Form 10-Q and Amendments 1 and 2 thereto. “Since our last public statement much of our corporate energy has been absorbed by our efforts to complete the Grapefruit audit which for a variety of reasons has taken much longer to complete than we had previously anticipated. One result of this state of affairs has been to put significant time pressure on our CFO, his accounting staff…

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MondayNov 25, 2019 10:11 am

NetworkNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Q4 and 2019 Fiscal Year Results

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its results for the fourth quarter and fiscal year ended August 31, 2019 (“Q4” or “Q4 2019”). Among the highlights, Organigram reported a 547% growth in 2019 net revenue to $80.4 million from $12.4 million in 2018, and a 575% increase in 2019 gross margin, before fair value changes to biological assets and inventory, to $37.9 million or 47% of net revenue from $5.6 million or 45% of net revenue in 2018. “Our 2019 results reflected a successful year…

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FridayNov 22, 2019 1:57 pm

NetworkNewsBreaks – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) Inks Exclusive Organic Mushroom Coffee Distribution Agreement

The Yield Growth (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) on Thursday announced its entry into a definitive agreement for the exclusive distribution of Yield Growth's line of mushroom-infused organic coffees being developed through subsidiary Flourish Mushroom Labs Inc. According to the update, the agreement grants exclusive distribution rights in Greece, Cyprus, Romania, Bulgaria and Serbia for the Yield Growth organic mushroom coffee line to 2699598 Ontario Corp. O/A Melorganics Hellas. The agreement holds a 3-year term and maintains exclusivity provided that minimum orders of $100K per year are met. The initial coffee line will be organic and infused with various…

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FridayNov 22, 2019 1:52 pm

NetworkNewsBreaks – Wingstop Inc. (NASDAQ: WING) Cultivates Talent from Within in Two New Strategic Appointments

Wingstop (NASDAQ: WING) today announced the appointment of its Chief Marketing Officer (“CMO”), Christina Clarke, who previously served as its interim CMO, as well as Senior Vice President of People, Donnie Upshaw, the company’s previous VP of Human Resources. "Cultivating and promoting talent within our organization is a cornerstone of the path toward long-term growth and success at Wingstop,” WING Chairman and CEO Charlie Morrison said in the news release. “Christina has contributed tremendously to our marketing strategy, and Donnie’s extensive expertise in talent management has already proved fruitful to our growing talent base. Both Christina and Donnie embody the…

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FridayNov 22, 2019 11:20 am

NetworkNewsBreaks – Replimune Group, Inc. (NASDAQ: REPL) Secures $80 Million in Underwritten Public Offering

Replimune Group (NASDAQ: REPL), a biotechnology company developing oncolytic immuno-gene therapies derived from its Immulytic(TM) platform, has closed an underwritten public offering of 3,678,031 shares of its common stock at a public offering price of $13.61 per share. According to the update, Replimune also, in addition, and in lieu of common stock, closed a public offering of pre-funded warrants to purchase 2,200,000 shares of its common stock at a purchase price of $13.6099 per pre-funded warrant, which equals the public offering price per share of the common stock less the $0.0001 per share exercise price of each pre-funded warrant. Replimune…

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FridayNov 22, 2019 11:15 am

NetworkNewsBreaks – BP Chargemaster Powering up to 1.5 Million Electric Miles Per Week

BP Chargemaster announced that the public charging points it operates in the UK are now regularly supplying more than 60 MWh (60,000 kWh) of energy per day, which equates to approximately 1.5 million miles per week of driving by electric cars. [1] According to the update, BP Chargemaster’s public charging points are avoiding around 300 tonnes of weekly CO₂ emissions based on the average UK new car carbon dioxide (CO₂) emissions figure of 124.5g/km. [2] “Powering around 1.5 million electric miles a week makes us the most-used public charging infrastructure operator in the UK and we are proud to serve…

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FridayNov 22, 2019 10:31 am

NetworkNewsBreaks – GreenStar Biosciences Corp. (CSE: GSTR) (OTC: GTSIF) Secures DTC Eligibility

GreenStar Biosciences (CSE: GSTR) (OTC: GTSIF), a growth-oriented technology and services company that provides real estate, financial, management and other support to licensed cannabis businesses in the U.S., on Thursday announced that it has secured DTC eligibility by The Depository Trust Company ("DTC") for electronic settlement and transfer of its common shares in the United States. A subsidiary of the Depository Trust & Clearing Corporation ("DTCC"), the DTC manages the electronic clearing and settlement of publicly traded companies. Securities eligible for this electronic clearing method are considered “DTC eligible,” with the method speeding up the receipt of stock and cash,…

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FridayNov 22, 2019 10:21 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Appointment of Global CPG Executive John Griese as Chief Operating Officer

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that John Griese has joined the company as its chief operating officer ("COO"). Griese brings over 30 years of executive consumer packaged goods ("CPG") and global cannabis operations experience and, in his role as COO, will be responsible for driving continuous improvements across all operating assets and leading supply chain management for Supreme Cannabis' diverse portfolio of products. “It is a privilege to welcome John Griese to our maturing leadership team during a key time when Supreme Cannabis is evolving into a leading cannabis CPG company. He has over…

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FridayNov 22, 2019 9:52 am

NetworkNewsBreaks – HTC Extraction Systems (TSX.V: HTC) to Acquire California-based Kase Farma Inc.

HTC Extraction Systems (TSX.V: HTC) today announced its entry into a November 21, 2019 share and purchase agreement (“SPA”) with Starling Brands Inc., a party at arm's length to HTC. Under the SPA, HTC will acquire all issued and outstanding shares of Kase Farma Inc., a subsidiary of Starling, and upon completion of the acquisition, Kase Farma will be a wholly owned subsidiary of HTC. Authorized to operate in the areas of hemp cultivation, extraction, refining, formulation and distribution in the state of California, Kase Farma continually strives, through best-of-class methods, to deliver health and wellness benefits of CBD, CBG,…

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FridayNov 22, 2019 9:17 am

NetworkNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) Posts Q3 2019 Financial Results, Operations Update

Willow Biosciences (CSE: WLLW) (OTCQB: CANSF) on Thursday announced its financial and operating results for the three and nine months ended September 30, 2019. Among other highlights, the company reported that it ended the quarter with around $23.2 million of working capital and $24 million of cash on hand. Willow’s unaudited condensed consolidated interim financial statements and related management's discussion and analysis are available at www.SEDAR.com or on the company’s website. “Over the past few months, Willow has continued to advance its business strategy and achieved several important milestones,” Willow Biosciences president and chief executive officer Trevor Peters stated in…

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