NetworkNewsBreaks Archive - Page 1253 of 1737

MondayJun 03, 2019 2:01 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Proprietary, AI-Powered Underwriting Solution with Predictive Scoring

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that it has launched Blade, its proprietary, fully-automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”). Per the update, Blade is a software designed to reduce potential risks and decision-making time for the underwriting and on-boarding of new merchants while improving the customer experience. The system works by using proprietary algorithms to compile and analyze data points that are automatically evaluated in accordance with pre-set and dynamic parameters. “AI and machine learning are quickly becoming valuable tools for decision making in the payments ecosystem, particularly in…

MondayJun 03, 2019 12:39 pm

NetworkNewsBreaks – Imaging3, Inc. (IGNG) Provides Update on Reverse Acquisition by Grapefruit Boulevard Investments

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, recently provided further updates regarding its reverse acquisition by Grapefruit Boulevard Investments, Inc. (“GBI”), a Los Angeles-based privately held cannabis company, and simultaneous vending of its imaging business into a privately held corporation, which will be partially owned by post-acquisition IGNG. Per the update, the California Bureau of Cannabis Control approved Grapefruit, on May 14, 2019, for its provisional Adult-Use and Medicinal Cannabis Distribution Licensure after meeting state mandated compliance requirements. “Grapefruit has effectively moved from temporary licensure passing yet another…

MondayJun 03, 2019 12:29 pm

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Participation at Select June Conferences

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select conferences throughout the month of June. The company’s President and Founder John Fowler, General Counsel Sony Gokhale and VP of Sales Craig Young will participate in panel discussions at the Lift&Co. Toronto Expo in Toronto, Ontario on June 6, 7 and 8, 2019. In addition, 7ACRES will showcase at Expo Consumer Weekend, booth 1115, on June 8, 2019. John Fowler will also participate in a panel discussion at World Cannabis Congress in Saint John, New Brunswick on June 17, 2019, as well as present…

MondayJun 03, 2019 11:42 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Achieves 78% Sales Growth in Q3

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that its third quarter sales were up to $2.5 million, reflecting a 78% increase over the second quarter. According to the update, Wildflower sales have increased every quarter since the company began selling its popular line of hemp CBD products. In addition, Wildflower reported City Cannabis Corp’s financial results for the quarter ending March 31, 2019, and expects to close the City Cannabis acquisition before the end of June. “We are pleased with the financial results of both Wildflower and City Cannabis,” Wildflower CEO William MacLean said in the news release. “Sales…

MondayJun 03, 2019 11:35 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Provides Industrial-Scale Lithium Extraction Demonstration Plant Progress Update

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning provided an update for the ongoing fabrication of its lithium extraction Demonstration Plant. Per the update, the plant, being constructed by Zeton Inc., is nearing completion, with Phases 1 and 2 at 92% with expected completion of fabrication and all associated piping, electrical and control systems by early third quarter 2019. “The Standard Lithium team is very pleased with both the speed of execution and the exceptional quality and attention to detail that Zeton are bringing to our Demonstration Plant,” Standard Lithium President and COO Dr. Andy…

MondayJun 03, 2019 10:36 am

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Secures $450K Loan; Budd Hutt Pursues Strategic Partnerships

City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., today announced the completion of a transaction under which it obtained a $450,000 secured loan from an arm's length lender. According to the update, the loan is secured by the company’s assets and is repayable in 12 months at a 20% interest rate. In connection, City View Green has issued to the lender 3,000,000 common share purchase warrants, each exercisable into one common share of the company at a price of $0.15 for a period of 13 months. In addition, the company also announced that its retail arm, Budd Hutt…

MondayJun 03, 2019 10:25 am

NetworkNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) TCM Distribution Receives Adult Use Manufacturing and Distribution Permits from City of Adelanto

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that its wholly owned subsidiary, TCM Distribution, Inc., has received an adult use cannabis manufacturing permit and an adult use cannabis distribution permit from the City of Adelanto, California. According to the update, TCM Distribution applied for the permits after sub-leasing an Adelanto-based 10,000-square-foot warehouse space. In addition, TCM Distribution has applied for its adult use permanent manufacturing license and distribution licenses from the state of California, which are pending. “The purpose of the Adelanto facility is two-fold; first, it’ll be used as one of our southern California satellite facilities for goods…

MondayJun 03, 2019 9:33 am

NetworkNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Acquire 49% Interest of Cannova Medical

Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced its entry into an agreement to purchase 2,260,500 common shares, representing a 49% interest, of Cannova Medical Ltd., and to acquire the remaining 51 percent interest at the option of Nabis. Israel-based Cannova is a provider of innovative solutions for cannabis consumption and has developed a sublingual strip with proven qualities that allow producers to more effectively control dosage quantities, utilizing only organic substances and eliminating unintended side…

MondayJun 03, 2019 9:22 am

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) CEO to Participate in Panel Discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian cannabis cultivation firm, on Friday announced that the company’s CEO Vinay Tolia is scheduled to participate in a panel discussion at Piper Jaffray’s 39th Annual Consumer Marketplace Conference taking place at The Pierre New York in New York City on Thursday, June 6th. Tolia will be available for one-on-one meetings during the conference following the “Accelerating Canadian Players” panel discussion that will be held from 10:15 to 11:00 AM ET. In addition, Flowr is presently advancing its goal to secure distribution in further Canadian jurisdictions including Alberta. Flowr branded recreational products…

FridayMay 31, 2019 3:37 pm

NetworkNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) CBD+ Wellness Starter Kit Featured in Herb.co Article

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) was recently highlighted in an article authored by Michelle Janikian on Herb.co titled ‘10 Best CBD Oils and CBD Products on the Market’. Comprised of a diverse assortment of CBD oils and products, the article aims to help consumers ‘buy cannabidiol with confidence’. Alongside other favorites, such as Luce Farm’s hemp honey and Green Roads World’s CBD oil, Wildflower’s CBD+ Wellness Starter Kit landed a spot on the list of products highlighted in the article. The kit includes CBD vape pens, capsules, soap, and a cool stick that was designed to deliver quick and…

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