Breaks Categories: News

MondayApr 01, 2019 9:39 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives Second Site License from Health Canada

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, James E. Wagner Cultivation Corporation (“JWC”) (TSX.V: JWCA) (OTCQX: JWCAF), has received a cultivation license from Health Canada for its Kitchener-based commercial-scale production facility (“JWC2”). Per the update, reception of this license will result in the launch of the initial phase of JWC2, a 345,000-square-foot production and distribution complex through which JWC intends to roll out more than 130 individual production rooms utilizing its proprietary GrowthSTORM Dual Droplet cultivation platform and methodologies. “While optimizing production methodologies at their already licenced pilot facility, JWC has concurrently built…

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MondayApr 01, 2019 9:11 am

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Closes First of Two Planned Tranches of Private Placement

Iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Friday announced its closing of the first of two planned tranches of its previously announced non-brokered private placement of financing units. Per the update, Black Iron issued 17,508,440 units at a price of $0.06 per unit for gross proceeds of $1,050,506. The company intends to use the net proceeds of this first tranche to advance its Shymanivske project, including negotiations to secure essential land surface rights; to further discussions and negotiations on construction financing; and for general working capital purposes. Closing of the first…

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MondayApr 01, 2019 8:30 am

NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Strong Results from Ongoing Drilling Program at Flagship Cyclops Project

Canada-based exploration company Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) recently announced results from its ongoing 2019 drilling program at its flagship Cyclops, nickel/cobalt development project located in Indonesia. Per the update, a total of 29 holes for a total of 402 metres have been completed, and continued drilling confirms shallow intersections from surface with elevated cobalt up to 0.25 percent in the limonite zone and nickel values of 1.91 percent in underlying transition and saprolite zones. “The strong drill results from an area that is historically underexplored indicates there’s room for expansion of the mineralization footprint at…

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FridayMar 29, 2019 10:26 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Issues Commentary on Congressional Committee Approval of Cannabis Banking Bill

Royalty company serving the U.S. licensed medical cannabis industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today provided commentary on the announcement of The Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595). On March 28, 2019, the bill was approved by the House Financial Services Committee, and it will now advance to the House floor for deliberation by the full legislative assembly. If passed, the bill will allow financial institutions to legally provide services to cannabis-related businesses operating in compliance with state laws. “This bill represents an important development in the continuing evolution of the industry,” FinCanna Capital CEO…

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FridayMar 29, 2019 10:05 am

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) to Host Q4 2018 Conference Call and Webcast

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced that it will release its fourth quarter 2018 results after close of the financial markets on April 4, 2019. In addition, the company will host a conference call and webcast to review the results, with a question-and-answer session to follow. The call and webcast are scheduled to take place on Thursday, April 4, 2019, at 5:00 p.m. Eastern Time. Interested parties may access the call via the toll-free number at 1-877-705-6003 or the toll/international number at 1-201-493-6725, and a webcast will be availabile at www.Flowr.ca/Investors. A…

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FridayMar 29, 2019 9:38 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Achieves Significant Milestone in Continuous Production

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) on Thursday announced its achievement of continuous production in excess of 500 barrels a day over the last two weeks. This is a significant milestone for Petroteq, as it demonstrates the commercial viability of its first in kind technology, as well as its disruptive potential, providing the company a competitive advantage and licensing opportunity in the clean extraction of oil sands. One of the first companies to produce oil from Utah’s multi-billion barrel surface bitumen oil sands, Petroteq has the potential to be a leader in the…

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FridayMar 29, 2019 9:25 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Expands Distribution Footprint, Completes Second Production Run for Nightfood Ice Cream

In back-to-back news releases, Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, announced that it has secured retail distribution in North and South Carolina and has completed its second production run for all eight flavors of its Nightfood ice cream. The company has partnered with distribution firm Merchants Distributors, LLC (“MDI”) in a move that has greatly expanded its potential retail footprint across the southeastern United States. “MDI provides distribution to stores throughout the southeast,” Jim Christensen, VP of ice cream sales for Nightfood, stated in yesterday’s news release. “Initial distribution has been…

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ThursdayMar 28, 2019 3:22 pm

NetworkNewsBreaks – All Signs Point to Future Growth for Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8)

Kontrol Energy (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, was recently featured in an article authored by Equity Insight titled ‘Can Shares of Kontrol Energy Increase over 200% in 2019?’. According to Fundamental Research Corp, future accomplishments could result in a surge of more than 200% in the company’s share price. Among other highlights, the article shines a light on recent developments such as a major deal secured by the company with Toyota Tsusho Canada (“TTCI”) earlier this week to implement Smart Factory technology solutions. In addition, CEO Paul Ghezzi was interviewed by Stuart…

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ThursdayMar 28, 2019 12:55 pm

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Expand to Deliver Solutions to Oregon and Hawaii Markets

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced Mtrac’s expansion into two new markets – Oregon and Hawaii. Oregon was one of the first U.S. states to legalize cannabis for adult recreational use, and Hawaii is legal for medicinal purposes only. National level legislation is being considered to provide protection to financial institutions that deal with cannabis, but many legal businesses remain cut off from basic banking services in the current environment. “We understand the range of concerns regarding the lack of financial solutions from all stakeholders in the industry, and we feel confident…

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ThursdayMar 28, 2019 12:23 pm

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Launch of hempSMART CBD Products in the UK

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly owned subsidiary, hempSMART, Ltd., has successfully launched sales of the hempSMART(TM) product line in the United Kingdom during a March 23, 2019 London event. At the launch, the hempSMART UK team successfully sold out its entire promotional inventory and signed over 1,000 new associates with the company’s associate networking program. The official website of hempSMART UK is www.hempSMART.co.uk. “We are delighted to have launched our CBD product line hempSMART(TM) internationally this past week,” MCOA CEO Donald Steinberg stated in the news release. “HempSMART(TM) will…

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