NetworkNewsBreaks

MondayNov 25, 2019 10:55 am

NetworkNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) CEO Issues Comments on Recent 10-Q Filings

Grapefruit Boulevard Investments (OTCQB: IGNG), a Los Angeles based company and wholly-owned subsidiary of Imaging3, Inc. (OTCQB: IGNG), today issued comments from Grapefruit/Imaging3 CEO Bradley J. Yourist concerning IGNG’s recently filed quarterly report on Form 10-Q and Amendments 1 and 2 thereto. “Since our last public statement much of our corporate energy has been absorbed by our efforts to complete the Grapefruit audit which for a variety of reasons has taken much longer to complete than we had previously anticipated. One result of this state of affairs has been to put significant time pressure on our CFO, his accounting staff…

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MondayNov 25, 2019 10:11 am

NetworkNewsBreaks – Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI) Announces Q4 and 2019 Fiscal Year Results

Organigram Holdings Inc. (NASDAQ: OGI) (TSX: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, today announced its results for the fourth quarter and fiscal year ended August 31, 2019 (“Q4” or “Q4 2019”). Among the highlights, Organigram reported a 547% growth in 2019 net revenue to $80.4 million from $12.4 million in 2018, and a 575% increase in 2019 gross margin, before fair value changes to biological assets and inventory, to $37.9 million or 47% of net revenue from $5.6 million or 45% of net revenue in 2018. “Our 2019 results reflected a successful year…

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FridayNov 22, 2019 3:24 pm

NetworkNewsBreaks – Hemptown USA Strategically Positioned to Become Largest North American Producer of CBD

Hemptown USA, a privately owned grower of full-spectrum, feminized hemp using premium-seed genetics, operates a farm operation with more than 500 acres dedicated to the cultivation of nonpsychoactive cannabigerol (“CBG”). The company’s recent harvest positioned it to be the largest producer of CBG in North America. An article discussing the company reads, “Hemptown USA has built CBD production from broad-spectrum hemp biomass in states such as Oregon, Kentucky and Colorado, but has worked to increase its profile as hemp-friendly laws have been enacted — particularly last year’s farm bill that legalized commercial hemp cultivation nationwide following years of prohibition. .…

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FridayNov 22, 2019 3:18 pm

NetworkNewsBreaks – InsuraGuest Inc. Secures Contract to Offer Specialized Insurance Coverage for South Carolina Red Lion Location

InsuraGuest recently signed a contract with Cal-Vegas Ltd.(R) to provide its Red Lion Inn & Suites(R) property in South Carolina with specialized insurance coverage for guests utilizing InsuraGuest’s proprietary InsurTech software (http://nnw.fm/c2WKx). An article discussing the company reads, “The agreement with Cal-Vegas further strengthens InsuraGuest’s position in the U.S. market, where it operates coast-to-coast. The company is working on expanding the scope of its InsurTech platform and insurance products to cover European Union member states and the United Kingdom, with plans in motion to launch on the Asian market by mid-2020. The European and Asian hotel markets are both more significant…

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FridayNov 22, 2019 2:48 pm

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Utilizes Multichannel Marketing Strategy to Increase National Profile

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis-branded products company in the United States, recently kicked off a multichannel campaign strategy to raise national awareness. An article discussing the company reads, “The campaign features new PLUS hemp-CBD products, which consumers can purchase online and have shipped to them in 43 states (http://nnw.fm/qwK31). In addition, the company is raising its profile by brand partnering with celebrity John Legend and with direct-to-consumer sleep company Casper Sleep (http://nnw.fm/Wcjh5). Legend will be an advocate on behalf of the PLUS CBD line while Casper co-developed the new PLUS line of SLEEP gummies.” To view the full…

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FridayNov 22, 2019 2:34 pm

NetworkNewsBreaks – Sharing Services Global Corp.’s (SHRG) Unique Selling Method Drives Sales

Sharing Services Global Corporation (OTCQB: SHRG), a diversified holdings company, has found success by employing its unique Blue Ocean Strategy, a method of selling its proprietary product line through its Elepreneur independent distributors. An article discussing the company reads, “Since the company’s own line of health and wellness products was introduced in December 2017, SHRG has reported cumulative sales of greater than $129 million. For Q1 2019, the three months ending July 31, Sharing Services reached revenues of $35.4 million, more than double that of the comparable period in 2018 (http://nnw.fm/6wTn8). . . . The company’s deliberate approach stems from the…

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FridayNov 22, 2019 1:57 pm

NetworkNewsBreaks – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) Inks Exclusive Organic Mushroom Coffee Distribution Agreement

The Yield Growth (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) on Thursday announced its entry into a definitive agreement for the exclusive distribution of Yield Growth's line of mushroom-infused organic coffees being developed through subsidiary Flourish Mushroom Labs Inc. According to the update, the agreement grants exclusive distribution rights in Greece, Cyprus, Romania, Bulgaria and Serbia for the Yield Growth organic mushroom coffee line to 2699598 Ontario Corp. O/A Melorganics Hellas. The agreement holds a 3-year term and maintains exclusivity provided that minimum orders of $100K per year are met. The initial coffee line will be organic and infused with various…

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FridayNov 22, 2019 1:52 pm

NetworkNewsBreaks – Wingstop Inc. (NASDAQ: WING) Cultivates Talent from Within in Two New Strategic Appointments

Wingstop (NASDAQ: WING) today announced the appointment of its Chief Marketing Officer (“CMO”), Christina Clarke, who previously served as its interim CMO, as well as Senior Vice President of People, Donnie Upshaw, the company’s previous VP of Human Resources. "Cultivating and promoting talent within our organization is a cornerstone of the path toward long-term growth and success at Wingstop,” WING Chairman and CEO Charlie Morrison said in the news release. “Christina has contributed tremendously to our marketing strategy, and Donnie’s extensive expertise in talent management has already proved fruitful to our growing talent base. Both Christina and Donnie embody the…

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FridayNov 22, 2019 12:59 pm

NetworkNewsBreaks – Quest Patent Research Corp. (QPRC) Actively Harvesting IP Asset Portfolio

New York City-based Quest Patent Research (OTCQB: QPRC) is offering investors a unique opportunity to play a part in the intellectual property (“IP”) monetization space. A recent article discussing the company reads, “‘IP monetization poses significant risks. Not only do you have to prove infringement, but a defendant can raise up to 27 patent defenses, any one of which can be case dispositive if successful. Our assets have to survive quite a gauntlet. The success of the Mariner campaigns certainly demonstrates management’s ability to identify, acquire and monetize valuable intellectual property,’ Quest CEO Jon Scahill stated in a news release.…

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FridayNov 22, 2019 12:51 pm

NetworkNewsBreaks – OriginClear Inc.’s (OCLN) Proprietary Water Treatment Systems Satisfy New ESG Standards

OriginClear’s (OTC: OCLN) proprietary water-treatment systems meet new Environmental and Social Governance (“ESG”) standards, which is quickly becoming a noteworthy distinction for investors. A recent article discussing the company reads, “‘ESG is a set of investing guidelines being adopted by more and more large funds, family offices, and so forth all over the world,’ OCLN CEO Riggs Eckelberry explained in a news release. ‘Trillions are being invested in companies that are ESG-portfolio companies.’ . . . A Forbes article (http://nnw.fm/Ly05e) reported that ‘responsible investing is widely understood as the integration of environmental, social and governance (‘ESG’) factors into investment processes and decision-making.…

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