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TuesdayJun 19, 2018 2:43 pm

NetworkNewsBreaks – Square Inc. (NYSE: SQ) Granted New York Virtual Currency License, Bitcoin Price Surges

The price of bitcoin recorded a significant spike on Monday following news that the New York State Department of Financial Services had granted Square Inc. (NYSE: SQ) a virtual currency license. Per Coindesk, the cryptocurrency’s price climbed from a Monday low of $6,404 to a high of $6,729 over the course of about seven hours. Award of this license marks a major milestone for Square, as New York-based users of the company’s Cash App can now buy and sell bitcoin in real-time. This certification further solidifies Square’s position as one of the most high-profile firms currently operating in the cryptocurrency…

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TuesdayJun 19, 2018 12:33 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Hosts Media Day, Initiates Production at Asphalt Ridge Oil Extraction Facility

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) has successfully unveiled its environmentally friendly heavy oil processing and extraction plant located at the Asphalt Ridge in Uintah Basin, Utah. In addition, company management leveraged the opportunity of this media day to commence production at the plant. Members of the press received a complete explanation and demonstration of the production process. Petroteq plans to hold a formal grand opening of the plant in September of 2018. "This event at the plant was a culmination of two years of hard work by our entire team and getting…

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TuesdayJun 19, 2018 12:03 pm

NetworkNewsBreaks – EVIO, Inc. (EVIO) Names New Board Member

EVIO (OTCQB: EVIO) this morning said in a news release that Felipe Campusano has joined the company's board of directors as an independent director. "We are pleased to welcome Felipe to join our board and look forward to his contributions," EVIO chief executive officer William Waldrop stated in the news release. "He's been very successful operating Canadian pharmacies and his insight into the cannabis industry will be valuable to our business environment, including our new Bioscience division. Felipe's expertise in pharmaceutical business management will strengthen EVIO's ability to generate partnerships with medical and healthcare providers. He has disrupted the pharmaceutical…

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TuesdayJun 19, 2018 11:40 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) App Receives Approval from Galaxy App Store

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning announced that, in conjunction with a U.S. focused digital marketing campaign, the FANDOM SPORTS App has been approved for the Galaxy App Store. Per the update, acceptance into the Galaxy App Store ensures exposure to “high quality Android users for Galaxy versions 7, 8 & 9.” Moving forward, the Samsung ecosystem will promote the FANDOM SPORTS App at main user entry points, giving the company access to integrated promotional elements that include badges and app banners designed to link particular app group pages with all…

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TuesdayJun 19, 2018 11:28 am

NetworkNewsBreaks – Virtual Crypto Technologies Inc. (VRCP) Reveals New Point of Sale Terminals, Updated NetoBit Application

Cryptocurrency-focused technology company Virtual Crypto Technologies Inc. (OTCQB: VRCP) this morning unveiled the upgraded version of its crypto point-of-sale (“POS”) terminals as well as an updated NetoBit application titled NetoBit Pay. The new double-screen terminal boasts an intuitive display, smart card reader, magnetic stripe reader, camera, barcode scanner and a 58 mm thermal printer, replacing the previous tablet-style hardware. The new platform reflects the ATM process familiar to consumers, allowing them to scan an app-generated QR code rather than requiring an email address or other information in order to execute a transaction. Additionally, the updated application gives operators control of…

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TuesdayJun 19, 2018 10:53 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Subsidiary Approaching Launch of Blockchain-Powered Payment Solution at San Diego Dispensary

Global Payout, Inc. (OTC: GOHE), through wholly owned subsidiary MTRAC Tech Corp., this morning announced that it has commenced integration of its blockchain-powered payment solution into its first merchant location. Per the update, the MTRAC kiosk was initially installed at ManKind, a San Diego-based dispensary, on June 15, and Global Payout intends to dedicate the next few days toward “integrating the cashless payment platform and prepping the new client for their initial launch.” The company expects full launch of the newly-integrated system to occur on June 25. “Getting our first client up and running marks a monumental week here at…

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TuesdayJun 19, 2018 10:39 am

NetworkNewsBreaks – Marijuana Company of America Inc.’s (MCOA) hempSMART Brand Launches New CBD-Infused Moisturizer

Innovative hemp and cannabis corporation Marijuana Company of America (OTC: MCOA) this morning announced that the company’s hempSMART™ brand has launched its groundbreaking new cosmetic product, hempSMART™ Face. The newly developed topical product is formulated with 150mg of full spectrum, non-psychoactive Cannabidiol (“CBD”) oil derived from the industrial hemp plant. hempSMART™ Face is a facial moisturizer designed to refresh, replenish, and restore skin cells using a combination of CBD oil and a unique blend of ayurvedic herbs and botanicals. “Our team is excited to announce the expansion of the hempSMART™ brand into the world of cosmetic products. HempSMART™ will continue…

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TuesdayJun 19, 2018 10:12 am

NetworkNewsBreaks – ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Subsidiary Surpasses 15,000 Active Patients

Globally licensed cannabis company ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), through wholly owned subsidiary Harvest Medicine Inc., this morning announced that it has surpassed 15,000 active patients in under 18 months of operation. “Our rapid growth is a testament to our patient-centric approach and dedication to providing exceptional care,” Shekhar Parmar, CEO of Harvest Medicine, stated in the news release. “We partner with patients to empower them to be more involved in their healthcare and ensure that they receive the safest and most effective medical cannabis treatment for their individualized needs.” Per the update, Harvest Medicine, one of Canada’s…

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TuesdayJun 19, 2018 10:06 am

NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Extends Mineralization, Initiates Metallurgical Study at Iron Creek Project

Cobalt exploration and development company First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) this morning announced that drill results from the Iron Creek Project in Idaho continue to further cobalt mineralization in the Waite Zone, which is positioned south and parallel to the historic No Name Zone, by an additional 50 meters to the west and to surface. Mineralization has also been intercepted beyond the footwall of the Waite Zone, indicating new targets for future drilling. Additionally, a metallurgical study has commenced to assess concentration methods and resulting recoveries for cobalt and copper. "These results show that the Waite Zone mineralization…

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TuesdayJun 19, 2018 9:26 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Launches Marketing Program, Attains Multiple Customers in California

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that its portfolio investee company, ezGreen Compliance, has launched a pilot marketing program and has attained multiple customers across the State of California. ezGreen Compliance is providing these customers, consisting of licensed medical dispensaries and cultivators, with its advanced enterprise compliance and point-of-sale (“POS”) software solution. The pilot program customers are currently using ezGreen’s Health Insurance Portability and Accountability Act (“HIPAA”) Compliance POS Solution and inventory tracking system. The system enables users to comply with both the HIPAA and State Laws…

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