NetworkNewsBreaks Archive - NetworkNewsWire

TuesdayAug 21, 2018 2:45 pm

NetworkNewsBreaks – Medical Cannabis Payment Solutions (REFG) Aims to Increase Footprint, Reach Corporate Objectives through Advisory Board Additions

Medical Cannabis Payment Solutions (OTC: REFG) is a payment processor and industrial hemp grower with plans to operate a mobile hemp CBD extraction lab. The company recently named a new member to its advisory board and believes the move will expand the company’s footprint and help reach its corporate objectives. A recent article discussing the new addition reads: “Medical Cannabis Payment Solutions (OTC: REFG) is intensifying its focus on cannabis by adding to its advisory board another prominent political figure from a state in which medical marijuana has been legalized, namely Mike Haridopolos, former president of the Florida State Senate.…

TuesdayAug 21, 2018 2:40 pm

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Repositions Line of Full-spectrum CBD Offerings

Biotechnology company Earth Science Tech (OTC: ETST) is positioning itself to reach a larger audience through its association with AATAC, an advisory board that focuses on convenience stores. The company is anticipating the launch of its three new CBD-based patent formulas, chocolate-covered mangoes, chocolate coconut peppermint cups and chocolate caramelized quinoa crunch, for the third quarter of 2018. A recent article discussing the company reads: “With these highly anticipated new products on the horizon, Earth Science is also focusing on making its products more available to consumers. The company recently signed agreements with AATAC to offer Earth Science’s CBD products…

TuesdayAug 21, 2018 2:35 pm

NetworkNewsBreaks – Pacific Software, Inc. (PFSF) Engaged in Providing Disruptive Hyperledger Blockchain Technology Solutions

Emerging development technology corporation Pacific Software (OTC: PFSF) is engaged in the design, development and distribution of disruptive solutions leveraging Hyperledger blockchain technology for key, rapidly-growing industries. A recent article discussing the company reads, “The basic requirements of the systems to be developed include high-throughput transaction processing, traceability or tracking, visibility or monitoring, and transparency throughout the supply and value chains for the stakeholders. The development of this architecture will serve as an online commercial portal to service Pacific Software’s B2B accounts in the sectors below.” To view the full article, visit http://nnw.fm/2U1We About Pacific Software Inc. Pacific Software, Inc.…

TuesdayAug 21, 2018 11:42 am

NetworkNewsBreaks – GTX Corp (GTXO) Posts Q2 Summary

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning provided a summary of the company’s activities and achievements during the second quarter ended June 30, 2018. Per the update, GTX Corp’s overall revenue for the second quarter saw an increase of 7% over the same period of 2017. Subscriber revenue also demonstrated an increase, rising 108% over the second quarter of 2017. “We had an overall good quarter, with single- or double-digit increases or decreases in all the major metrics – revenues were up, subscribers were up, margins and profits were up, while our cost of operations, professional services,…

TuesdayAug 21, 2018 10:30 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues Update on New Brunswick Joint Venture

Marijuana Company of America Inc. (OTC: MCOA), along with joint venture partner Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF), this morning issued an update on its CBD hemp farming joint venture in New Brunswick, Canada. The goal of the hemp project is, in part, to produce hemp biomass that can be used for the extraction of cannabinoids. In anticipation of Canada’s implementation of the Cannabis Act on October 17, 2018, which will allow for the processing of the entire hemp plant, MCOA and Global Hemp Group have commenced preparation work at the 4,000 sq. ft. Bathurst facility to facilitate…

TuesdayAug 21, 2018 10:29 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Definitive Agreement to Acquire HemPoland

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that it has signed a definitive agreement to acquire 100% of the issued and outstanding shares of HemPoland in an immediately accretive cash and share transaction. HemPoland is a European manufacturer and marketer of premium organic CBD oils. In addition to providing the company with a route into the European market, this strategic acquisition gives TGOD access to HemPoland’s immense distribution network, premium Cannabigold brand and advanced hemp oil extraction technologies. The acquisition cost is comprised of $7.75 million in cash and…

TuesdayAug 21, 2018 10:03 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Reports Q2 Financial Results

Diverse holdings company DPW Holdings (NYSE American: DPW) this morning submitted its quarterly report on Form 10-Q reporting financial results for the second quarter ended June 30, 2018. Among other highlights, the company reported second quarter gross revenue of $7.4 million, an increase of 309% compared to $1.8 million in the second quarter of 2017. First half gross revenue was $12.6 million, demonstrating a 266% increase from $3.5 million in the first half of 2017. In addition, DPW reported that during the second quarter it generated a total of $719,000 from its cryptocurrency mining operations and used $605,000 to pay…

TuesdayAug 21, 2018 9:53 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) Announces Agreement to Supply Cannabis Products in Ontario

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQB: ABCCF) this morning announced that it has completed an agreement with the Ontario Cannabis Store (“OCS”) to supply the province with high-quality cannabis products. Per the update, VIVO is expected to supply the Ontario market with a total of 16 cannabis products to meet anticipated demand in the adult-use recreational cannabis sector, which is set to open on October 17, 2018. “The agreement with OCS is a significant milestone and we are confident that cannabis consumers in Ontario will appreciate our high-quality branded products,” Barry Fishman, CEO of VIVO, stated in the news release.…

TuesdayAug 21, 2018 9:30 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Selected as New Mobility World Lab18 Startup Challenge Finalist

Automotive technology company Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has been selected as a finalist in the New Mobility World (NMW) Lab18 Startup Challenge. Per the update, Foresight was selected from a pool of more than 100 applicants spanning 29 countries to reach the final round. “It is a great honor to make the finals list at this year’s NMW Lab18 Startup Challenge,” Haim Siboni, CEO of Foresight, stated in the news release. “This achievement recognizes that Foresight’s breakthrough QuadSight™ system has an important role in shaping the future of the automotive industry.…

TuesdayAug 21, 2018 9:29 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Reaches Fully Reporting Status; Posts Q2 Financial Results

SinglePoint (OTCQB: SING) this morning announced that it has achieved fully reporting status by filing Form 10-12G. The company also reported year-over-year progresses for the second quarter and six months ended June 30, 2018. The company reported a revenue increase of almost 100% from the second quarter of 2017 to the second quarter of 2018. The company attributes its revenue of over $500,000 during the first six months of 2018 primarily to numerous positive acquisitions. SinglePoint aims to continue fast-tracking revenue growth through strategic acquisitions and anticipates further organic growth. “As a fully reporting company, I believe we will have…

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