NetworkNewsBreaks Archive - Page 1021 of 1740

WednesdayMay 20, 2020 9:36 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Reports Increased Revenues, Positive Financial Developments for Year-Ended December 31, 2019

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today released audited financial results for the year ended December 31, 2019, as included in its annual report on Form 10-K. Among the notable highlights, the company reported a significant 175.7% year-over-year increase in total revenues to $695,076 for the year ended December 31, 2019, as compared to $252,135 for the year ended December 31, 2018. “Our financial results reflect a transition as our company converts from a Research and Development company to a marketing-product based company,” MCOA chief executive officer Jesus Quintero stated in the news release.…

WednesdayMay 20, 2020 9:26 am

NetworkNewsBreaks – Pressure BioSciences, Inc.’s (PBIO) Pending Merger Partner Enters LOI to Acquire Five Leaf Labs

Pressure BioScience (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide biotechnology, biotherapeutics, cosmeceuticals, nutraceuticals, and food & beverage industries, on Tuesday announced that one of its two pending merger partners, Cannaworx, Inc., is substantially expanding its sales and distribution network through a letter of intent (“LOI”) to acquire Louisiana-based Five Leaf Labs (“FLL”). FLL recently released its first set of CBD-infused products to the U.S. market. “We attribute the success of our initial launch to both the high quality of our hemp source supply and processing…

TuesdayMay 19, 2020 1:01 pm

NetworkNewsBreaks – The Movie Studio, Inc. (MVES) Leverages Digital Content Platform to Showcase Motion Picture Content

The Movie Studio (OTC: MVES), a vertically integrated motion picture production company, today announced its integration with a digital content platform that brings sellers and distributors into one online digital marketplace. According to the update, the platform enables The Movie Studio to showcase its motion picture content, title discovery of feature films to a trusted global community of buyers, and creates the opportunity to monetize the use of its movies and content. “We are excited to leverage a digital platform for our current and future aggregated titles and to facilitate title recognition for upcoming movies,” Gordon Scott Venters, president and…

TuesdayMay 19, 2020 12:45 pm

NetworkNewsBreaks – Cannabis Global, Inc. (MCTC) CEO Featured in The Stock Day Podcast with Everett Jolly

Cannabis Global (OTC: MCTC), a Nevada registered, fully reporting and audited publicly-traded company, today announced that its CEO, Arman Tabatabaei, was featured on The Stock Day Podcast hosted by Everett Jolly. During the interview, Tabatabaei discussed Cannabis Global’s IP strategy and extensive portfolio. "The roots of our company is our intellectual property," Tabatabaei said in the interview. "The overall strategy has been to develop the intellectual property first and then move towards building products around that intellectual property, and finally to engage in some vertical integration. We have now filed six provisional patents. Simply put, the intellectual property centers on…

TuesdayMay 19, 2020 12:21 pm

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Prices $5MM Registered Direct Offering

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an innovator in automotive vision systems, today announced its entry into definitive agreements with investors for the purchase and sale of 8,333,334 of the Company’s American Depositary Shares (“ADSs”), each at a price of $0.60, pursuant to a registered direct offering. Foresight will secure approximately $5 million in gross proceeds from the offering, before deduction of placement agent fees and other estimated expenses. The Company intends to use the net proceeds for working capital and other general corporate purposes. Subject to the satisfaction of customary conditions, the closing of the registered direct offering…

TuesdayMay 19, 2020 12:08 pm

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Update on May Debentures

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that an event of default has occurred in respect of its US$45.5 million principal amount of 15.00% secured convertible debentures, which matured on May 17, 2020. As previously disclosed, Green Growth Brands received, on May 5, 2020, US$400,000 of debt financing from All Js Greenspace LLC (“All Js’) on a secured basis. On May 12, 2020, All Js’ advanced, also on a secured basis, an additional US$400,000 to the company. To view the full press release, visit http://nnw.fm/0BN3l About Green Growth Brands Inc. Green Growth Brands creates remarkable experiences in cannabis.…

TuesdayMay 19, 2020 12:03 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) Enters Relationship Agreement with International Hospitality and Hotel Expert Adam Gatto

InsuraGuest Technologies (TSX.V: ISGI), under its wholly owned U.S. subsidiary, InsuraGuest Inc. (“ISG”), today announced its entry into a relationship agreement with AAG Capital Management Inc., a company managed by International Hospitality and hotel expert Adam Gatto. According to the update, the contract will enable Gatto to introduce ISG to hotels and hotel property management companies throughout the world. “We see InsuraGuest as a product that can help our hotel clients reduce their risk, lower their claims, and increase their revenues,” Adam Gatto, CEO and chairman of AAG Capital Management, stated in the news release. “We are excited to make…

TuesdayMay 19, 2020 11:39 am

NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Announces Trademark Registration of Hemp FX Brand, Intends to Expand Product Line

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, today announced that the United States Patent and Trademark Office has approved its application for registration for trademark on its Hemp FX(R) brand. According to the update, the company plans to leverage the production and manufacturing capabilities of its wholly owned subsidiary, Khrysos Industries, and begin an immediate expansion of Hemp FX's line of hemp derived products. "We have always found considerable value in our intellectual property across our platform and we are pleased to…

TuesdayMay 19, 2020 11:18 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Provides Update on 1606 Original Hemp in New Video

SinglePoint (OTCQB: SING) today announced the release of a video in which Greg Lambrecht, SinglePoint CEO and Chairman, provided an update regarding 1606 Original Hemp (www.1606Hemp.com). Among other highlights, Lambrecht reported that the direct to store sales strategy employed by 1606 Original Hemp is showing early returns and promising signs of success. “We started a call center, calling smoke shops and convenience stores,” SinglePoint CEO and Chairman Greg Lambrecht stated in the video. “This month alone we have gotten 160 accounts.” To view the full press release, visit http://nnw.fm/UrN2b About SinglePoint, Inc. Founded in 2011, SinglePoint, Inc. invests in and…

TuesdayMay 19, 2020 11:10 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Medical Cannabis by Shoppers, Bringing Together Expertise, Unmatched National Reach

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced its entry into a supply agreement with Medical Cannabis by Shoppers(TM) ("Shoppers"), a subsidiary of Shoppers Drug Mart Inc. Under the agreement, TGOD will make its certified organic medical cannabis products available via the Shoppers online medical cannabis sales platform. "We're thrilled to partner with Canada's largest pharmacy network, bringing together TGOD's unique expertise in developing high-quality certified organic cannabis products and Shoppers' unmatched national reach," TGOD’s Vice President of Sales, Robert Gora, said in the news release. "We share their vision…

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