Breaks Categories: News

WednesdayAug 08, 2018 9:49 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Advances $1M Capital Tranche to ezGreen Compliance

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it has advanced $1 million to its investee company, ezGreen Compliance, which offers a state-of-the-art enterprise compliance and point-of-sale software solution for licensed medical cannabis dispensaries and cultivators. Per the update, FinCanna has now advanced $1.75 million of the $3 million to be funded under the royalty agreement, which entitles FinCanna to a perpetual royalty equal to 10 percent of consolidated gross revenues of ezGreen, subject to certain buy-back options. “The ezGreen team is committed to creating state of…

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WednesdayAug 08, 2018 9:34 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Enters Binding LOI with HOPE Cannabis Products

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced that its wholly-owned subsidiary, Pivot Naturals LLC, has entered into a binding Letter of Intent (“LOI”) with Healthcare Options for Patients Enterprises LLC, dba HOPE Cannabis Products ("HOPE"). HOPE is fully licensed to manufacture, distribute and sell cannabis products in Nevada, offering products such as effect-based vape cartridges, syringes, micro-dosed oral sprays, pre-rolls, infused pre-rolls, infused cold brew coffee and infused lemonade. Per the LOI, HOPE will manufacture and distribute Pivot Naturals' product line in Nevada and Pivot will manufacture and distribute HOPE's product line in California. Definitive agreements,…

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TuesdayAug 07, 2018 3:27 pm

NetworkNewsBreaks – The Flowr Corp.’s Chairman and Chief Strategist Discusses Company Activities and Outlook in Kahner Global Interview

Steve Klein, the chairman and chief strategist of The Flowr Corp., provided an overview of the company's activities and outlook during an interview that was posted on Kahner Global's website. Flowr is a Canadian licensed producer that focuses primarily on premium flower production. "On the financial side, we're working to complete a process that will lead to us being listed on the TSX Ventures exchange. That should be done by September. On the operating side, we're completing the build out of Kelowna this year, including the Hawthorne research center.  It's about 20% operational now but we need to finish it…

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TuesdayAug 07, 2018 3:16 pm

NetworkNewsBreaks – Canopy Rivers Corp. Files Early Warning Report Regarding the Close of James E. Wagner Qualifying Transaction

Canopy Rivers announced in a recent news release that it has filed an early warning report in connection with the closing of the qualifying transaction of James E. Wagner Cultivation ("JWC"), formerly AIM1 Ventures, under National Instrument 62-103. Per the transaction, the company received 12,513,041 common shares of JWC and 2,347,826 warrants to purchase common share of JWC. Canopy Rivers did not hold any common shares or convertible securities of JWC prior to this transaction. Certain common shares held by Canopy Rivers are subject to regulatory escrow provisions. At the time of the company’s news release, Canopy Rivers reported that…

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TuesdayAug 07, 2018 11:05 am

NetworkNewsBreaks – NUGL Inc. (NUGL) Expands Revolutionary Cannabis Platform

NUGL Inc. (OTC: NUGL) this morning posted an update regarding its marketing strategy, specifically, the expansion of its cannabis platform to the entire north american market. Through its innovative platform, the company delivers exclusive profiles and features for brands and listings in the cannabis space. NUGL’s search app enables cannabis companies and service providers to create profiles for marketing, connecting and expanding client bases in and out of the NUGL community. The software’s rating platform also delivers vital feedback to shops and professional services. “Our biggest challenge is informing and educating the community on the wide breadth of features we…

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TuesdayAug 07, 2018 10:21 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Reports Successful Delivery of Nicotine Within Minutes in Edible Nicotine Study

Drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) this morning announced that within minutes after dosing in an animal in vivo study, it has successfully delivered nicotine in an edible form into blood plasma. Per the update, Lexaria's DehydraTECH™ technology delivered nicotine with 90.2% greater delivery than the concentration-matched control formulation by the 10-minute mark and substantially greater absorption levels than the control formulation at all time intervals in the study. The company contracted a third-party laboratory to conduct the study which concentrated on detailed analysis of absorption over a 60-minute period. Lexaria's in vitro laboratory, in vivo…

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TuesdayAug 07, 2018 10:18 am

NetworkNewsBreaks – Sharing Services, Inc. (SHRV) Announces Selection of New Merchant Processor and E-Commerce Partner

Diversified holding company Sharing Services, Inc. (OTC: SHRV) this morning announced the selection of Global Payroll Gateway (“GPG”) as its primary merchant processor and e-commerce financial partner. Per the update, GPG will support and process sales of products and services for all of SHRV’s wholly owned subsidiaries moving forward, including its flagship companies, Elepreneur and Elevacity Global. “We are pleased to announce this relationship with GPG to provide us with the best processing e-commerce tools available on the market today,” John “JT” Thatch, CEO of Sharing Services, stated in the news release. “We researched several companies in our selection process…

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TuesdayAug 07, 2018 9:30 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Issues Shareholder Update

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning issued an overview and management summary for the last two quarters. Among the highlights, the company has introduced a revolutionary blockchain-based sports entertainment platform targeting global markets and set a Q4 2018 launch date for its mobile app on both Android and iOS devices. This milestone is particularly noteworthy, as the worldwide gaming market is forecast to rise to more than $144 billion this year, with online gaming alone expected to reach nearly $60 billion by 2020, according to NewZoo.com. FANDOM SPORTS also used this…

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TuesdayAug 07, 2018 9:26 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) Acquires Worldwide Rights to Solumer™ Oral Drug Delivery Technology

Pivot Pharmaceuticals (CSE: PVOT) (OTCQB: PVOTF) (FRA: NPAT) this morning announced its entrance into a definitive agreement with SoluBest Ltd. to acquire the worldwide rights for the use, development and commercialization of its patented Solumer™ Oral Drug Delivery Technology. The innovative technology will be employed to improve the bioavailability, delivery and commercialization of biocannabis-based products. The delivery technology also encompasses SoluCBD and SoluTHC, ingredients for a new category of cannabis-infused non-alcoholic beverages. "The addition of Solumer™ further positions us to collaborate with multinational companies to introduce non-alcoholic cannabis-infused beverages to consumers. Pivot has the largest portfolio of platform technologies for…

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MondayAug 06, 2018 2:44 pm

NetworkNewsBreaks – Canopy Rivers Corp. Names Judging Panel for Cannabis Business Pitch Day

In a recent news release, Canopy Rivers named Olivier Dufourmantelle, Hilary Black, Kirk Tousaw and Mat Beren as the skilled roster of judges for its cannabis business pitch day that took place in Vancouver at the International Cannabis Business Conference. The carefully chosen judges brought a broad range of cannabis experience in Canada including business operations, advocacy, constitutional law, and cultivation, making them idyllic to serve as the judging panel. Finalists were chosen from submissions of companies operating in emergent segments of the cannabis industry such as micro-growers, micro-processors, hemp production, lab testing and retailers. Canopy Rivers invited the finalists…

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