Breaks Categories: News

WednesdayMar 20, 2019 9:46 am

NetworkNewsBreaks – The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Reports Financial, Operational Year End Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) on Tuesday reported its financial and operational results for the year ended December 31, 2018. Among other highlights, the company ended the year with $263.5 million of cash and restricted cash to continue to fund its facilities expansion and international growth. The company also completed two bought deals worth $101.2 million in gross proceeds and private placements totaling $77.6 million in gross proceeds. “2018 has been a pivotal year for the company. The accomplishments our team has made have been nothing shy of incredible,” the Green…

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WednesdayMar 20, 2019 9:00 am

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Inks Definitive Closing Documents to Acquire Cannabis Facility with Packaging Equipment on 5.5 Acres of Land

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that it has signed definitive closing documents to acquire a 196,000 square foot facility on 5.5 acres of land as well as cannabis packaging and processing equipment for a total purchase price of $15 million. Over the past two years, the facility has undergone $8 million in key renovations which have formed specific divisions for nursery, cultivation, manufacturing, extracting, bottling, remediation, and transportation and distribution. The company paid the sellers a $250,000 non-refundable deposit and will pay an additional $8 million down payment. The seller agreed to a carry back note…

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TuesdayMar 19, 2019 9:53 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Poised at Trajectory of Exponential Revenue Growth with FinTech Payment Solution

Global Payout (OTC: GOHE), along with its wholly-owned subsidiary MTrac Tech Corporation, this morning announced that revenue into Q1 2019 and transactional data highlights industry adoption and desire for a compliant service offering, continued growth and overall benefit to the one-of-a-kind MTrac Payment Solution. According to the update, since deployment in October, MTrac’s daily and monthly sales and transactional volume and the average system processed ticket cost continue to climb at what the company perceives to be a very steady and encouraging pace. The first quarter is seeing a continuation of this positive trend, and MTrac is projected to see…

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TuesdayMar 19, 2019 9:30 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) CEO Presents at the 4th Annual Immuno-Oncology Summit Europe 2019 in London

INmune Bio (NASDAQ: INMB) this morning announced that the company’s co-founder and CEO, Dr. R.J. Tesi, presented at Cambridge Healthtech Institute’s 4th Annual Immuno-Oncology Summit Europe 2019 on March 18th in London. Dr. Tesi’s presentation, titled, “Targeting Myeloid-Derived Suppressor Cells to Overcome Resistance to Checkpoint Inhibitors,” highlighted how combination therapy with the company’s drug candidate INB03 is able to help target myeloid-derived suppressor cells (“MDSC”) to reverse resistance to checkpoint inhibitors. INB03 is a second-generation tumor necrosis factor (“TNF”) inhibitor presently being tested in a phase 1 clinical trial. “I am excited to have the opportunity to present and exchange…

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TuesdayMar 19, 2019 9:29 am

NetworkNewsBreaks – Zenergy Brands Inc. (ZNGY) CEO to Participate in CEO Roundtable at the Upcoming Energy Marketing Conference

Next-generation energy utility company Zenergy Brands (OTC: ZNGY) this morning announced that the company’s CEO, Alex Rodriguez, is set to participate in the CEO Roundtable hosted and produced by Energy Marketing Conferences (“EMC”). EMC is well-known, widely respected event that will be taking place in Houston, TX on April 2, 2019. Among other highlights, the event will shine a light on the challenges and prospects associated with the retail side of deregulated electricity and natural gas markets. “I believe in the mission of EMC, and I am happy to bring the Zenergy perspective to the ongoing discussion and evolution of…

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MondayMar 18, 2019 11:56 am

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Opens Escrow for Purchase of 824-Acre Property Near San Diego

Premium cannabis cultivation and branding firm Green Hygienics Holdings Inc. (OTCQB: GRYN) today announced that it has opened escrow for the purchase of the Potrero Ranch Property near San Diego, California. Per the update, the land package covers 824 acres of flat, native grassland pasture sheltered by surrounding mountains and is ideal for hemp cultivation, with an abundant water supply and favorable altitude and soil pH. The property includes outbuildings spanning 294,000 square feet that are suitable for use as greenhouses or storage. A large built-in cooler is installed in the main building. “Given that there is the potential to…

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MondayMar 18, 2019 11:44 am

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Announces Appointment of Alcohol Beverage Industry Veteran as CEO

City View Green Holdings Inc. (CSE: CVGR) today announced that, effective immediately, Ian MacDonald has been appointed as its new CEO. MacDonald is a well-respected and proven leader in the international alcohol beverage industry with a solid reputation of creating and growing profitable and sustainable companies. With over 30 years’ experience in the highly regulated beverage alcohol space and a strong foundation in sales, marketing and executive management, MacDonald has repeatedly transformed companies into award-winning, innovative and industry leading organizations. "City View Green has arguably the best team in the business,” CEO Ian MacDonald stated in the release while discussing…

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MondayMar 18, 2019 10:36 am

NetworkNewsBreaks – SinglePoint Inc. (SING) and ShieldSaver Subsidiary Launch Platform in Sacramento and Denver International Airports

Technology and investment company SinglePoint Inc. (OTCQB: SING), together with its ShieldSaver subsidiary, this morning announced the official launch of the ShieldSaver platform. According to the update, ShieldSaver is now operational in Sacramento International Airport (“SMF”) and Wally Park’s Denver International Airport (“DIA”) locations. The company has successfully completed its first round of end to end transactions with the newly built interface, sparking interest from other leading companies in the space. “We spent over 9 months with our development team completely rebuilding the ShieldSaver platform.  We feel it is one of the most sophisticated apps to date for automotive glass…

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MondayMar 18, 2019 10:27 am

NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Expands IoT Solutions to Asset and Facilities Management Industry

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, this morning announced the expansion of its current IoT technology solutions into the global asset and facilities management industry. Kontrol's IoT technology benefits, delivered in real-time, include streamlined manufacturing processes, longer asset life, enhanced energy savings, workforce efficiency, labor optimization and operating cost reduction. "Predictive maintenance and real-time management of equipment, energy assets and facilities is a rapidly growing global market which will be part of our organic growth in 2019 and beyond." Kontrol Energy CEO Paul Ghezzi stated in the news release. "We…

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MondayMar 18, 2019 9:55 am

NetworkNewsBreaks – BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT) Appoints BioPharma Industry Experts to Board of Directors

BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT), a biotechnology company developing targeted, safe treatments for cancer, this morning announced the appointment of Dr. Rebecca Taub, M.D., and Vaughn C. Embro-Pantalony to its board of directors. Dr. Saeid Babaei, Rahoul Sharan and Martin Schmieg have resigned from BriaCell’s board of directors, effective immediately. Since 2016, Taub has served as chief medical officer; executive vice president, R&D; and director of the board for Madrigal Pharmaceuticals (NASDAQ: MDGL), a clinical-stage biopharmaceutical company pursuing novel therapeutics. She acted as privately-held Madrigal Pharmaceuticals Inc.’s chief executive officer and director of the board since its inception,…

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