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WednesdayDec 04, 2019 10:20 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Projects Escalating Sales Through Year End, Expects 2020 Revenues to Exceed $5M

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today provided shareholders with production and financial performance expectations for year-end through its 2020 fiscal year based on a quantitative analysis of resources, capacity and harvest timelines for NUGS FARM, the company’s flagship cannabis cultivation farm. Cannabis Strategic Ventures recently reported more than 1,300% growth on a quarterly year-over-year basis to reach fiscal Q2 sales above $700K (for quarter-ended Sept. 30, 2019). Based on expanded resources and capacity, the company now projects sales in excess of $1 million through year-end 2019, as well as 2020 revenues to…

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WednesdayDec 04, 2019 10:14 am

NetworkNewsBreaks – SRAX, Inc. (NASDAQ: SRAX) Bolsters BIGtoken’s Entry into Market Research Through Partnership with Top Insights Exchange Platform Cint

SRAX (NASDAQ: SRAX), a digital marketing and consumer data management technology company, today announced its partnership with Cint to leverage the BIGtoken platform to gather insights for brands. According to the update, Cint has the world's largest online sample exchange, and its platform automates sample fieldwork and operations for insights companies to gather research data faster, more cost-effectively and at scale. “This partnership bolsters BIGtoken's entry into the market research ecosystem,” Kristoffer Nelson, COO of SRAX and co-founder of BIGtoken, said in the news release. “Cint is one of the world's largest solutions to help accelerate consumer insights for top…

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WednesdayDec 04, 2019 9:38 am

NetworkNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) to Commence Trading on the Toronto Stock Exchange on December 5

Willow Biosciences (CSE: WLLW) (OTCQB: CANSF) on Tuesday announced its receipt of final approval to list its common shares on the Toronto Stock Exchange (the "TSX"). According to the update, Willow’s common shares will commence trading on the TSX effective as of the open of the market on Thursday, December 5, 2019. The common shares will continue to trade under the symbol "WLLW" upon listing on the TSX. In conjunction with the TSX listing, the common shares will concurrently be delisted from the Canadian Securities Exchange. To view the full press release, visit http://nnw.fm/y1mLj About Willow Biosciences Inc. Willow is…

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WednesdayDec 04, 2019 9:29 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Names Seasoned Software Executive as Executive Chairman

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, on Tuesday announced the appointment of accomplished software industry executive Mark K. Ruport as executive chairman and a member of the company's board of directors. In his new role with Sigma Labs, Ruport will leverage his history of building companies through strategic relationships, joint development agreements, innovative sales strategies and a focused management of day-to-day operations. He will also partner with CEO and board member John Rice to drive the company's market momentum, fast-track its growth and boost shareholder value. In accordance with…

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TuesdayDec 03, 2019 2:28 pm

NetworkNewsBreaks – Hemptown USA Aims to Capitalize on Mounting CBG Market

Hemptown USA, a privately owned grower of full-spectrum, feminized hemp using premium-seed genetics, plans to capitalize on the rising cannabigerol (“CBG”) market. A recent article discussing the company reads, “Feminized hemp plants must normally be harvested early in the growth process to capture the CBG before it changes its form to CBD and tetrahydrocannabinol (THC), but Hemptown USA plants have been designed to allow harvesting later at full maturity. They have also been designed to be far richer in CBG (10–14%). In 2020 and beyond, the company has exclusive rights to 20% of the latest and greatest novel cannabinoids being…

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TuesdayDec 03, 2019 11:17 am

NetworkNewsBreaks – Giga-tronics Inc. (GIGA) Closes $2.6M Follow-On

Giga-tronics (OTCQB: GIGA), a producer of sophisticated test and measurement equipment, recently closed its underwritten public offering of 10,400,000 shares of its common stock sold at the public offering price of $0.25 each, resulting in the gross proceeds of roughly $2.6 million to the company. The offering included 90,000 shares pursuant to a partial exercise of the over-allotment option. ROTH Capital Partners acted as sole book-running manager for the offering. To view the full press release, visit http://nnw.fm/D1dlE About Giga-tronics Incorporated Giga-tronics produces sophisticated test and measurement equipment primarily used in electronic warfare test and emulation applications as well as…

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TuesdayDec 03, 2019 10:49 am

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Names New Head of Quality and Compliance

Green Hygienics Holdings (OTCQB: GRYN), an innovative premium cannabis cultivation and branding enterprise, today announced the appointment of Sid Senroy, MBA, as its Head of Quality and Compliance. In this advisory role, Senroy will facilitate GRYN in establishing cross-functional alliances for improvement and growth, and will work to increase levels of productivity, compliance and efficiencies. “This will directly support the company to achieve its stated objectives to adhere to the highest standards of operations in consistently delivering safe and premium quality products to consumers and that the company intends to be a leader in FDA cGMP (Current Good Manufacturing Practice)…

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TuesdayDec 03, 2019 10:07 am

NetworkNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF) Comments on DEA Descheduling Partner’s CBD

Willow Biosciences Inc. (CSE: WLLW) (OTCQB: CANSF), a Canadian biotechnology company and a leading developer in biosynthetically produced cannabidiol (“CBD”), this morning issued a release commenting on the recent news that the U.S. Drug Enforcement Agency (“DEA”) has removed Purisys, LLC’s CBD from Schedule I of the Controlled Substances Act (“CSA”). Purisys, the spin-out entity of Noramco, Inc.’s cannabinoids business, began operating as a stand-alone entity on October 1, 2019 and is expected to become independent from Noramco on January 1, 2020. Per the terms of a joint development agreement, Noramco is Willow's exclusive manufacturing and distribution partner. Willow holds…

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TuesdayDec 03, 2019 9:47 am

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Employs Aggressive M&A Roll-Up Strategy

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, is pursuing an aggressive merger and acquisition (“M&A”) roll-up strategy to position itself as a leader in the hydroponics sector. The company is presently in preliminary talks with six hydroponic and agricultural supply targets in the U.S. and central Europe. SGMD is targeting companies with an EBITDA margin of at least 8% and prefers to pay a reasonable multiple to revenue, with 10% in cash and 90% in stock with exact terms dependent on market conditions. Sugarmade recently closed its acquisition of BZRTH Inc. for roughly 1x…

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MondayDec 02, 2019 12:51 pm

NetworkNewsBreaks – Bhang Inc. (CSE: BHNG) (OTCQX: BHNGF) Announces Q3 2019 Financial Results

Bhang (CSE: BHNG) (OTCQX: BHNGF), a global cannabis CPG brand company with an extensive, award-winning portfolio of products, today released its financial and operating results for the third quarter ending September 30, 2019. Among the highlights, the company reported revenues of $1,285,746 for Q3 2019 and $4,042,162 for the nine months ending September 30, 2019, which represented significant increases of 368% and 463% over the same periods for the prior year. According to the update, Bhang is now expressly focused on rationalizing its current assets, driving efficiencies through cost and overhead reductions and improving execution on its existing product portfolio…

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