Breaks Categories: News

FridayJun 08, 2018 9:34 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) President Provides Update on Recent Company Activity in Interview on MoneyTV

SinglePoint, Inc. (OTCQB: SING) was a featured company on this week’s episode of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program discussing “money and what makes it happen.” In this week’s episode, SinglePoint President Wil Ralston provides an update of recent company activities. Among other highlights, Ralston updated viewers on the progress of the company’s commercial for its crypto wallet application which features original Shark Tank member Kevin Harrington. “The commercial is ready to go, and we've finished up some beta testing on the actual wallet itself,” SinglePoint President Wil Ralston stated in the interview. “Now, we'll…

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ThursdayJun 07, 2018 12:03 pm

NetworkNewsBreaks – Beleave Inc. (CSE: BE) (OTCQX: BLEVF) Selected to Operate a Cannabis Retail Store in Saskatchewan

Beleave (CSE:  BE) (OTCQX:  BLEVF) recently announced that it has been selected to operate one of Saskatchewan's upcoming cannabis retail stores through a two-phase Request for Proposal ("RFP") process that began in March. Beleave successfully passed the first phase, which was comprised of a screening for qualifications regarding financial and sales/inventory tracking systems. The second phase of the process was a lottery draw to choose from the successful operators. Retail cannabis stores in Saskatchewan are required to be standalone operations, selling only cannabis, cannabis accessories and ancillary items as defined by Saskatchewan Liquor and Gaming Authority ("SLGA"). The company has…

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ThursdayJun 07, 2018 10:37 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Acquires Additional Acreage Near Asphalt Ridge

Fully integrated oil and gas company Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced that it has acquired further acreage in the resource rich Uintah Basin. At auction, Petroteq finalized the acquisition of two leases for 1,312 acres of land in the Asphalt Ridge, Utah area. A report titled “Evaluation of Contingent Resources” from Chapman Petroleum Engineering, Ltd. dated April 30, 2018 states that the newly acquired leases contain 7.331 million barrels of contingent resource, increasing Petroteq’s total contingent resources to 93.4 million barrels. Additionally, Petroteq announced the grant of 8,350,000 stock options to officers, directors and consultants of…

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ThursdayJun 07, 2018 10:30 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Announces $1M Revenue Milestone for Cultivation Technologies Inc.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that Cultivation Technologies Inc. (“CTI”), its first investment in California, has achieved $1 million in cumulative revenue since it commenced operations in late January 2018. “We are very pleased to see the sales performance of CTI which has translated into its first US$1 million in revenue at only a fraction of its capacity,” Andriyko Herchak, president and CEO of FinCanna, stated in the news release. “With its sales team in place building out an ever-expanding distribution footprint, and it’s manufacturing…

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ThursdayJun 07, 2018 10:07 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Provides Update on CBD Formula Patents, Medical Device Progress

Earth Science Tech (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning provided an update regarding its ongoing CBD formula patents and medical device progress. Per the update, the prototyping of three CBD formula patents, which the company received a grant from the Government of Quebec to develop, has begun. The initial batch will be tested by the team and in vitro testing is expected to begin in summer 2019 to demonstrate the superior antioxidant activities and improved anti-proliferative effects on breast cancer cells. The third product is a superfood edible that…

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ThursdayJun 07, 2018 9:42 am

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Subsidiary Featured in Story on KREX

Cannabis-focused financial services company Medical Cannabis Payment Solutions (OTC: REFG) this morning announced that its SpeedyGrow subsidiary was recently featured in a KREX news story about CBD and hemp. Per the update, KREX is the CBS-affiliated television station in Grand Junction, Colorado. “We were honored to be featured in the news segment and to discuss our efforts in CBD extraction,” Jeremy Roberts, CEO of REFG, stated in the news release. “Most of our shareholders haven’t seen our Colorado facility. The news story gives them a small tour.” The full news story is available for review at http://nnw.fm/eB7v1. To view the…

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ThursdayJun 07, 2018 9:28 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Posts Results of Annual General Meeting

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) this morning announced the results of its annual general and special meeting of shareholders that took place on June 5, 2018. During the meeting, shareholders of the company voted on and approved the following resolutions: re-appointing MNP LLP, Chartered Accountants, as auditor of the company for the 2018 fiscal year; fixing the number of directors of the company at six; the election of directors; the ratification and approval of the company’s 2017 Stock Option Plan; and the approval of a future name change of the company, to be decided by the company’s board…

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WednesdayJun 06, 2018 1:24 pm

NetworkNewsBreaks – Gensource Potash Corp. (TSX.V: GSP) Successfully Closes Private Placement

Gensource Potash (TSX.V: GSP) recently announced that it successfully completed its non-brokered private placement financing. The offering was comprised of the non-brokered sale of 24,999,268 common shares at $0.125 per share, resulting in gross proceeds of $3,124,908.50 to the company. As part of the offering, certain officers of Gensource purchased an aggregate of 4,356,000 common shares which was considered a "related party transaction" pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Relative to the offering, licensed finders were paid commissions by Gensource in the form of cash payments of $199,760.00 and the…

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WednesdayJun 06, 2018 10:43 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Subsidiary Engages Stephen Gould Corp. as Fulfillment, Distribution Partner

Diversified holding company Sharing Services, Inc. (OTC: SHRV) this morning announced that it has selected Stephen Gould Corp. as the fulfillment and distribution partner to support the increasing operations of Elevacity Global, a wholly owned subsidiary of Sharing Services. "We are pleased to announce this relationship with Stephen Gould to ensure proper delivery of our products throughout the United States. We interviewed several companies in the selection process to find the right partner and feel that Stephen Gould can best service Elevacity Global’s current rapid growth cycle and will be a valuable asset as we look to expand internationally in…

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WednesdayJun 06, 2018 10:35 am

NetworkNewsBreaks – NUGL Inc. (NUGL) Details Latest Features of Cannabis-Focused Platform

Marijuana-focused search engine and online directory company NUGL Inc. (OTC: NUGL) this morning announced that its users can now setup services, brands and shops under their profiles. Per the update, this new feature will enable users of the NUGL platform to link all of their companies under a single profile. “As the industry evolves and becomes more sophisticated, we will start to see an influx of companies finding niche markets within the cannabis space,” Brandon Vargas, CEO of NUGL, stated in the news release. “These companies that identify niche markets must have a means to attract distribution and clients.  The…

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