Breaks Categories: News

TuesdayJun 05, 2018 11:11 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Launches Reformulated hempSMART™ Brain Product

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTC: MCOA) this morning announced that its hempSMART™ brand has relaunched its flagship wellness product, hempSMART™ Brain, with 10mg of cannabidiol oil per serving. “After reviewing our hempSMART Brain product, our formulators chose to improve upon the original product by doubling the original dosage of CBD,” Donald Steinberg, CEO of MCOA, stated in the news release. “Our team is proud to be able to welcome our flagship product back onto the market and look forward to the upcoming marketing campaigns.” Per the update, hempSMART Brain has been developed to maintain…

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TuesdayJun 05, 2018 10:23 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Announces Engagement of Stadnyk & Partners

Health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced its entry into an agreement with Stadnyk & Partners whereby PreveCeutical will engage Stadnyk & Partners to provide market awareness and strategic advisory services to the company. Per the terms of the agreement, Stadnyk & Partners will provide market awareness services to the company throughout the initial 12-month term of the agreement in exchange for two million stock options, each of which will be exercisable to acquire one common share in the capital of PreveCeutical for $0.08 per share for a period of 24 months.…

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TuesdayJun 05, 2018 9:27 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Announces Agreement for $25M Bought Deal Financing

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that it has entered into an engagement letter with Canaccord Genuity Corp., acting as co-lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including co-lead underwriter PI Financial Corp. and Mackie Research Capital Corporation, pursuant to which the underwriters have agreed to purchase 3.91 million special warrants of The Green Organic Dutchman, on an bought deal basis, at a price per special warrant of $6.40 for aggregate gross proceeds of approximately $25 million. Per the update, the offering is…

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MondayJun 04, 2018 5:00 pm

NetworkNewsBreaks – TMSR Holding Company Ltd. (NASDAQ: TMSR) Details Plans for Forward Stock Split, Reincorporation in Nevada

TMSR Holding Company Ltd. (NASDAQ: TMSR), a holding company with its subsidiaries engaging in the production and sales of solid waste recycling and comprehensive utilization equipment, today announced that, effective 5:00 pm Eastern Time on June 20, 2018, it will effect a 2-for-1 forward stock split of its common stock, as well as an increase of its capital stock from 110 million to 220 million shares. Per the update, all holders of TMSR stock at the close of business on June 14, 2018, will receive one additional share for each share owned. Payment of these shares will be made on…

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MondayJun 04, 2018 11:54 am

NetworkNewsBreaks – FinCanna Capital Corp.’s (CSE: CALI) (OTCQB: FNNZF) First Investment in California Secures Distribution to Ten Dispensaries

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning provided an update regarding its first investment in California, Cultivation Technologies, Inc. (“CTI”). Per the update, CTI has secured distribution of its Coachella™ Premium brand of cannabis concentrates and vape cartridges to ten dispensaries throughout California. “We are very pleased with the growth and expansion of the Coachella™ Premium brand throughout California and are impressed with the quality of dispensaries that are selling the products. Concentrate and Vape sales generate high margin revenue for FinCanna and its shareholders,” FinCanna Capital President and…

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MondayJun 04, 2018 9:23 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Successfully Completes Eye-Net™ Controlled Trial

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that, together with the city of Ashdod and NoTraffic Ltd., it has successfully completed a controlled trial of its Eye-Net™ accident prevention solution. The trial examined integration and interfacing of Eye-Net™, the company’s V2X cellular-based accident prevention solution, with smart infrastructure in the city of Ashdod. All the pre-defined objectives for the real-time use of the Eye-Net™ system were achieved in the trial. “This collaboration enabled us to test our ability to integrate with smart infrastructure in order to reduce the number of accidents in an urban environment. Integration with…

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MondayJun 04, 2018 9:14 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Announces Completion of US Cobalt Acquisition

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced the completion of its previously detailed acquisition of US Cobalt Inc. Per the update, US Cobalt shareholders will receive 1.5 common shares of First Cobalt in exchange for each US Cobalt share owned, and US Cobalt has become a wholly owned subsidiary of First Cobalt. In conjunction with this transaction, First Cobalt has reconstituted its board of directors to include Garett Macdonald, technical advisor with US Cobalt. “Garett Macdonald's extensive experience as a mine developer is a welcome addition to the board of First Cobalt…

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FridayJun 01, 2018 12:04 pm

NetworkNewsBreaks – TMSR Holding Company Ltd. (NASDAQ: TMSR) Common Stock Continues to Trade Following Nasdaq Hearings Panel Decision

TMSR Holding Company (NASDAQ: TMSR) recently announced that the Nasdaq Hearings Panel granted the company's request for the continued listing of its common shares on The Nasdaq Capital Market. A further extension of continued listing is conditional to the company holding a combined annual meeting for 2016 and 2017 and fulfilling evidence compliance with the minimum 300 round lot shareholder requirement through June 30, 2018. TMSR is making strides toward timely evidence compliance to meet the terms of the Panel's decision. In addition, the Panel determined to delist the company's warrants from Nasdaq due to the company's continued non-compliance with…

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FridayJun 01, 2018 11:47 am

NetworkNewsBreaks – GTX Corp (GTXO) CEO Attends Congressional Meeting Related to Kevin and Avonte’s Law

GPS technology-focused holding company GTX Corp (OTC: GTXO) yesterday announced that its CEO, Patrick Bertagna, recently went to Capitol Hill to meet with Congress and discuss Kevin and Avonte’s Law, a piece of legislation passed in late March aimed at helping families locate missing loved ones with Alzheimer’s disease, autism and related conditions. Per the update, Bertagna, along with a contingent from the National Police Athletic League, met with Rep. Mike Doyle (D-PA), Rep. Chris Smith (R-NJ), Rep. Maxine Waters (D-CA), Sen. Klobuchar (D-MN), Sen. Grassley (R-IA) and Sen. Chuck Schumer (D-NY) to discuss the recently passed law, which will…

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FridayJun 01, 2018 10:00 am

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Posts Update on Heavy Oil Extraction Facility

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) this morning provided an investor update regarding the progress at its Asphalt Ridge heavy oil extraction facility. Per the update, slight logistic issues concerning construction and electrical material have temporarily delayed the project by a two to three-week time frame. “Petroteq’s project is going exceedingly well, notwithstanding minor logistical issues have created a slight schedule push the facility should be in full commissioning and start-up operations in the second and third week of June,” Petroteq CEO David Sealock stated in the news release. “Because we are on…

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