Breaks Categories: News

ThursdayFeb 07, 2019 10:20 am

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) Engages First Member of New USA Advisory Team to Focus on Opportunities in CBD and Hemp

Redfund Capital Corp (CSE: LOAN) (Frankfurt: O3X4) (OTC: PNNRF) today announced that it has engaged New Jersey based Wingspan Advisors and Jerry Hug, the current director of global operations for Cloud Commerce, a U.S.-based data driven digital marketing company. Cloud Commerce provides data-driven digital marketing services, content creation and media buying to its clients through its wholly owned subsidiaries Parscale Digital, Datapropria, Giles Design and WebTegrity. Hug will be Redfund’s first advisor to the company’s newly-formed USA advisory team and will assist Redfund in positioning its current loan portfolio of branded products throughout the U.S. The Redfund team will focus…

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ThursdayFeb 07, 2019 9:39 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Enters Definitive Agreement of Merger with WaveTech Global

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) this morning announced its entry into a definitive agreement of merger with WaveTech Global Inc., a global next-generation technology platform company. WaveTech specializes in mobile network microservices, critical power management and efficiency, asset lifecycle extension, data-analytics, intellectual property development and implementation services. According to the update, the consolidated merged entity shall have an enterprise value of $130 million upon completion of the merger, effected through a sale and exchange of shares and cash, and acquisition of WaveTech and all of its assets and subsidiaries. In accordance with the…

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ThursdayFeb 07, 2019 9:27 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) to Receive $30M in Additional Capital from Canopy Growth Corp. (TSX: WEED) (NYSE: CGC)

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) this morning announced that it intends to increase its total investment in cannabis-focused investment and operating firm Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) by CAD $30 million. The investment will be made through a private placement of subordinated voting shares in the capital of Canopy Rivers concurrent with Canopy Rivers’ bought deal offering of subordinate voting shares for gross proceeds of approximately $55 million. Upon closing of the investment, which is expected to occur on or about February 27, 2019, Canopy Growth’s ownership of issued and outstanding shares of Canopy Rivers will increase…

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WednesdayFeb 06, 2019 10:31 am

NetworkNewsBreaks – Generation Alpha, Inc.’s (GNAL) New Cannabis Grow Lights Outperform Competition in Lab Tests

Vertically integrated cannabis technology innovator manufacturer and distributor Generation Alpha (OTCQB: GNAL) this morning announced favorable results for its new Solis Tek B9 LED light system. According to the update, an independent lab test by Californian based Light Laboratory Inc. confirms that Generation Alpha’s new Solis Tek B9 LED outperformed major competitors in the U.S. specialty lighting sector. In other controlled tests, the GNAL light system yielded 15 percent more flower while dispersing a lower heat rating than traditional 1000w HID fixtures. “Generation Alpha has continued to see increased demand of the new generation Solis Tek B9 LED lights with…

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WednesdayFeb 06, 2019 10:23 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Enters Agreements to Expand Product Distribution of High Grade Full Spectrum Cannabinoids Line

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) today announced its entry into agreements with CannaBiz and Dessert Sun Distribution to distribute ETST’s High Grade Full Spectrum Cannabinoids line throughout the U.S. to pharmacies, chiropractors, dispensaries, athletic clubs, and clinics. According to the update, the agreements are part of a broader strategy implemented by ETST Chief Sales Officer David Burbash, who is working to expand the company’s sales team and explore opportunities for product placement in large chains, health food stores and other establishments. ETST is also collaborating with its manufacturing partner to launch a white labeling initiative to enable…

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WednesdayFeb 06, 2019 9:44 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Provides Investor Update Highlighting Initiatives in Hemp CBD Market

Technology and investment company SinglePoint (OTCQB: SING) yesterday provided a video update to company shareholders highlighting its initiatives in the burgeoning industrial hemp derived CBD market. The company currently provides the following services: custom private labeling; wholesale isolate; custom formulations; contract manufacturing; packaging; industrial hemp CBD; distribution; finished products; and e-commerce sales. For more information on pricing and wholesale opportunities, contact [email protected]. To view the full video update, visit http://nnw.fm/A8KBl To view the full press release, visit http://nnw.fm/svEv8 About SinglePoint, Inc. SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection…

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WednesdayFeb 06, 2019 9:33 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Mails SpinCo Unit Warrant Election Forms

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced that it has mailed an election form to all registered TGOD shareholders of record as of January 31, 2019 who have an address of record outside the United States. The election form was sent in reference to the previously announced distribution of unit purchase warrants of TGOD Acquisition Corp. ("SpinCo") per its plan of arrangement with SpinCo. All eligible shareholders of record that wish to receive the SpinCo Unit Warrants must complete the election form and deliver it to Computershare Investor Services…

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WednesdayFeb 06, 2019 9:30 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) to Present at the BIO CEO & Investor Conference in New York City

INmune Bio (NASDAQ: INMB), an immunotherapy company focused on developing therapies that harness the patient’s innate immune system to fight disease, this morning announced that it will attend the BIO CEO & Investor Conference taking place February 11-12 at the New York Marriott Marquis in New York City. R.J. Tesi, M.D., president and chief executive officer of INmune, will give a presentation including a company overview on Monday, February 11, 2019 at 9:15 AM ET in the Chelsea Room. To view the full press release, visit http://nnw.fm/Tca5q About INmune Bio, Inc. INmune Bio, Inc. is a publicly traded clinical-stage biotechnology…

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TuesdayFeb 05, 2019 10:26 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Release Q2 Earnings on February 12

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) a Canadian company dedicated to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture, this morning announced the planned release of its second quarter financial results. Per the update, Supreme Cannabis will provide its Q2 financial results for the three months ended December 31, 2018 before markets open on February 12, 2019. To view the full press release, visit http://nnw.fm/hMX4D About Supreme Cannabis The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people…

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TuesdayFeb 05, 2019 10:20 am

NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Announces 149% Where’s Weed Q4 Revenue Growth, Expects Accelerating Platform Growth in Q1 and 2019

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced the continued acceleration in revenue growth for its Where’s Weed division, including 149 percent of quarterly year-over-year sales growth and total Q4 revenues exceeding $300K. Based on performance thus far this year, including January’s $108K in revenues, DVLP projects that Where’s Weed Q1 2019 revenue will eclipse the company’s full year 2018 results, representing continued accelerating growth of the company’s leading cannabis services platform. “The Where’s Weed platform hosted over $18M in transactions last year, and we continue to see booming results…

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