Breaks Categories: News

ThursdayMar 28, 2019 12:18 pm

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Green Light for Ancaster Greenhouse

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that Hamilton City Council approved its settlement offer and will allow TGOD to operate its Ancaster, Ontario cannabis greenhouse upon the Local Planning Appeal Tribunal’s confirmation of the settlement at a meeting scheduled for April 25, 2019. Once complete, the Ancaster combined facilities will have the capacity of growing 17,500 kgs of organic cannabis annually. “This is tremendous news for our company and for the city of Hamilton,” TGODF CEO and Director Brian Athaide said in the news release. “We are a global…

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ThursdayMar 28, 2019 11:34 am

NetworkNewsBreaks – Therma Bright Inc.’s (TSX.V: THRM) (OTC: THRBF) TherOZap(TM) Technology in Final Stage Testing Against Zika Virus

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) this morning announced that it is in the final stages of in vitro testing and awaits the results of the TherOZap(TM) technology against the Zika virus. According to the update, a top research laboratory in Canada is conducting the testing, and Therma Bright expects to report further information as it becomes available. “To date the research lab has done an excellent job following protocol and testing our device with the aim of reporting statistically relevant results,” Therma Bright CEO Rob Fia stated in the news release. “Therma Bright made a…

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ThursdayMar 28, 2019 11:28 am

NetworkNewsBreaks – Global Consortium, Inc (GCGX) Exploring Opportunity to Take One of its Divisions Public in Canada

Global Consortium (OTC: GCGX) this morning announced that it is participating in ongoing discussions to take one of its divisions public in Canada, where it can receive a higher multiple and gain easier access to capital for expansion. Cannabis companies have thrived after going public on the CSE and dual listing in the United States, where opportunities exist at reasonable valuations while the country keeps cannabis in the grey area between state and federal government regulations. Utilizing the Canadian markets to raise capital would open growth potential currently being missed. Global's CPA is nearly finished with consolidation of the financials,…

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ThursdayMar 28, 2019 10:21 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters MOU with Better Choice Company for Exclusive Distribution Rights to CBD Animal Health Products

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a memorandum of understanding ("MOU") with Better Choice Company, Inc. for exclusive Canadian distribution rights to its cannabidiol ("CBD") Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada. Better Choice offers a suite of CBD pet focused products in the form of oils and soft chews under its Bona Vida brand, with several formulations designed to aid the state of good health and well-being in pets. “We are excited that Better Choice has chosen us…

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ThursdayMar 28, 2019 10:16 am

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Promissory Note with New Portfolio Client, Cannaki Beverage

Redfund Capital (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with Cannaki Beverage Inc., a Las Vegas, Nevada-based manufacturer of natural and organic functional beverages with core products that include still and carbonated beverages and Nano CBD infused flavored waters. According to the update, Redfund and Cannaki signed the two-year term convertible secured promissory note on March 27th 2019 for $1,000,000 at an annual interest rate of 14 percent. Redfund may convert the note at any time during the term, and the company has a right of first refusal to provide financing to…

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ThursdayMar 28, 2019 9:49 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) President Recognized on High Times’ List of the 100 Most Influential People in Cannabis

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced that its President and Founder John Fowler was recognized on the High Times list of the 100 Most Influential People in Cannabis. A pioneer in the industry, Fowler spent over a decade in the medical cannabis sector as a cultivator, influencer, patients-rights advocate and lawyer prior to founding Supreme Cannabis' wholly-owned subsidiary, 7ACRES, in 2013. Fowler’s vision for 7ACRES was to create Canada's leading premium cannabis flower brand and produce high quality cannabis on a commercial scale and, today, 7ACRES is one of Canada's leading premium brands. Fowler…

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ThursdayMar 28, 2019 9:36 am

NetworkNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 7IP) Closes $35M Private Placement of Debenture Units

Innovative Properties Inc., dba Nabis Holdings, (CSE: NAB) (OTC: INNPF) (FRA: 7IP) recently announced the completion of a private placement offering of debenture units of Nabis at the issue price of C$1,000 each for gross proceeds of $35,088,000, which includes the partial exercise of the Agents’ option. Each debenture unit consists of 1,111 common share purchase warrants and C$1,000 principal amount of unsecured convertible debentures that will mature on March 26, 2022 and will bear interest at 8.0% per annum, payable on the last day of each calendar quarter. Each warrant is exercisable to acquire one common share of Nabis…

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WednesdayMar 27, 2019 3:34 pm

NetworkNewsBreaks – Cool Events Inc. (RNWR) Reports Strong Attendance at Signature Fun Runs

Cool Events (OTC: RNWR) today issued an update summarizing the company’s events over the weekend.  Two of the company’s signature night-time fun runs took place on Saturday, March 23, attracting a combined total of approximately 27,000 participants. The Blacklight Run and Foam Glow 5K took place in Houston, TX and Anaheim, CA., respectively. “We love seeing so much enthusiasm and participation at our night-time fun runs so early in the season,” Cool Events CEO Bill Spata stated in the news release. “With our focus on bringing families together in fun, active, safe environments, we anticipate increased participation as we enter…

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WednesdayMar 27, 2019 10:07 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Posts Q4, Full Year 2018 Financial Results

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) today announced financial results for the full year 2018. “We are very pleased to report that Spectrum’s full year 2018 revenue has grown $23.8 million over the same period in 2017. Gross margin increased $4.1 million over 2017,” SGSI CEO and Chairman Roger Ponder stated in the news release. “In addition to our revenue growth we have decreased our loss from operations to $2.5 million from $6.1 million for the same period in 2017. Our existing subsidiaries continue to generate positive net income. Our goal is to continue…

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WednesdayMar 27, 2019 9:50 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Establishes Center of Excellence at Vogel Laboratory at NYU’s Center for Genomics and Systems Biology

Pressure BioSciences (OTCQB: PBIO), 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, today announced the establishment of a Center of Excellence ("CoE") at Dr. Christine Vogel's laboratory at New York University's Center for Genomics and Systems Biology. As a CoE, the lab will have free use of PBIO's Barocycler 2320EXTREME (“2320EXT”) primary instrument system through the end of 2020. In addition, the collaboration will offer early access to new, modified, and/or improved versions of the 2320EXT instrument and its associated applications, as well as…

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