Breaks Categories: News

FridayApr 05, 2019 9:32 am

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Releases Q4 and Full Year 2018 Results

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced its results for the fourth quarter and full year ended December 31, 2018. According to the update, the company sold nearly 406 kgs of premium cannabis despite having only 20 percent of its Kelowna 1 grow rooms operational in the fourth quarter of 2018. In addition, Flowr reported gross revenues of C$3.3 million and net revenues of C$2.9 million, realizing an average net price of C$7.08/gram after receiving its sales license in August 2018, and broke ground on the first-of-its-kind 50,000 square foot R&D Facility in partnership with The Scotts Miracle-Gro…

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FridayApr 05, 2019 9:25 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses NASDAQ Listing Goal on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally syndicated and covers money-focused topics, featuring in-depth interviews from various company CEOs and executives offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program and discussed the company’s goal of uplisting to the NASDAQ. “I think that we can hit the necessary revenue needed to go up to NASDAQ maybe within this next year, and then also get our price up to where we fit all the criteria,” SinglePoint CEO Greg…

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ThursdayApr 04, 2019 11:32 am

NetworkNewsBreaks – Electra Meccanica Vehicles Corp. (NASDAQ: SOLO) Closes $12M Registered Direct Offering

Electra Meccanica Vehicles (NASDAQ: SOLO), a designer and manufacturer of electric vehicles, recently announced the closing of its registered direct offering of 3,333,334 common shares at a price of $3.60 each which resulted in gross proceeds of approximately $12 million. Roth Capital Partners, LLC, The Benchmark Company, LLC, and ThinkEquity, a division of Fordham Financial Management, Inc., served as co-lead placement agents for the offering. After underwriting discounts, commissions and other estimated offering expenditures, the net proceeds of the offering total about $11 million. To view the full press release, visit http://nnw.fm/ipRU0 About Electra Meccanica Vehicles Corp. Electra Meccanica (NASDAQ:…

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ThursdayApr 04, 2019 10:07 am

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Announces New Trading Symbol to Coincide with Recent Name Change and International Growth Strategy

Diversified holding company Sharing Services Global Corporation (SHRG) this morning announced the Financial Industry Regulatory Authority’s (“FINRA”) approval of a change in its ticker symbol to “SHRG,” effective at the opening of trading on April 4, 2019. The new symbol better reflects the company’s international growth strategy and coincides with its recent name change to Sharing Services Global Corporation (formerly Sharing Services Inc.). In addition, new CUSIP number 819536103 was assigned to the company’s common stock in connection with the name and symbol change. “We are pleased to have our trading symbol changed to better reflect our new name, which…

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ThursdayApr 04, 2019 9:31 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Mango CBD Relief Product Containing 90mg CBD and 10mg THC

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced the launch of its newest “Mango CBD Relief” product, which, in each gummy, contains 4.5MG of CBD and .5MG of THC. The new product is already available at some of the more than 250 California retailers that carry the PLUS product line. “Mango CBD Relief is a reimagining of what it means to deliver a high quality CBD experience. As one of the leading brands in California, the largest cannabis market in the world, PLUS is in a unique position to test products at scale,” PLUS CEO…

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WednesdayApr 03, 2019 10:12 am

NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Launches the First Annual 420 Shared Festival Event

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, this morning announced the launch of its first annual 420 Shared Festival event. DVLP will be working from the Mile High 420 Festival in Denver, CO, and will connect with a wide network of other festivals, producing a virtual shared festival experience that will include broadcasts, prizes, and product samples. The company has already enlisted over a dozen separate festivals to partake in the shared festival event, resulting in a strong platform for fast-tracking its brand identity and market penetration. “Virtually every single organizer…

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WednesdayApr 03, 2019 9:25 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Closes Resource Acquisition

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced the closing and issuance of 15,000,000 common shares to Momentum Asset Partners I, LLC, representing the equity section of the consideration payable to Momentum pursuant to the acquisition of 50% of the operating rights and interests relating to oil sands under U.S. federal oil and gas leases totaling roughly 8,480 gross acres in Utah. Petroteq also reported the closing of subscriptions for 1,730,263 common shares and warrants exercisable for 1,481,481 common shares for gross proceeds of $482,000. In addition, the company announced the execution of an agreement with an arm’s length…

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TuesdayApr 02, 2019 2:53 pm

NetworkNewsBreaks – OrgHarvest, Inc. (ORGH) Receives Regulation A Approval from the SEC

OrgHarvest (OTC: ORGH) recently reported that it has become the first cannabis cultivation company to receive Regulation A approval for offerings of up to $20 million from the Securities and Exchange Commission (“SEC”). In its self-registration, OrgHarvest is offering one share of common stock at a price of 25 cents each with one bonus share of restricted stock. Using a high-tech, 100,000-square-foot glass greenhouse imported from the Netherlands, the company aims to launch cannabis cultivation and production operations in Las Vegas, Nevada. The greenhouse has the capacity to produce 450 pounds of cannabis flower per week, empowering OrgHarvest to potentially…

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TuesdayApr 02, 2019 11:55 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Partners with HelloMD to Deliver More Value-Added Services

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced its entry into a delivery fulfillment agreement with HelloMD, the country’s leading digital healthcare platform for cannabis doctors, consumers and brands. According to the update, Wildflower’s partnership with HelloMD’s e-commerce solution intends to expand on its license to deliver more value-added services to the L.A. community. “HelloMD has been a significant wholesale customer and provides us with a great position as a premium health and wellness brand,” Wildflower Brands CEO William MacLean said in the news release. “I am very happy to see our relationship grow to further bring quality information and…

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TuesdayApr 02, 2019 11:45 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Appoints Chief Financial Officer Jon Paul, Craig Heimark Takes Role of Chief Strategy Officer

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has appointed veteran senior corporate finance executive and certified public accountant Jon Paul as its chief financial officer reporting to PLUS co-founder and CEO Jake Heimark. The company further announced that, effective immediately, Craig Heimark has resigned as the chief financial officer and has been appointed as the chief strategy officer, and will remain as chairman, secretary and a director. “Jon has more than 30 years of experience in senior financial management, including roles as CFO and senior financial consultant at both private and public…

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