NetworkNewsBreaks

ThursdayNov 14, 2019 10:41 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Reports Q2 Fiscal Year 2020 Financial Results, Provides Corporate Update

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning released its financial results for the three and six months ended September 30, 2019. The company's unaudited condensed interim consolidated financial statements for Q2 2020, as well as its management's discussion and analysis (“MD&A”) for Q2 2020, are available under its SEDAR profile and the company’s website. “Headlined by our graduation to the TSX, our business matured during the second quarter as we launched our Strategic Advisory Board and continued to work closely with our portfolio companies as they achieved new milestones,” Canopy Rivers president…

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ThursdayNov 14, 2019 10:12 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Financing Arrangements for up to $103 Million

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced its entry into signed arrangements for up to $103 million in funding. According to the update, the financing package consists of three elements: a definitive agreement for a sale-leaseback of the Ancaster Energy Centre; a construction mortgage loan term sheet; and a convertible equity note term sheet. “Our ability to raise capital, despite recent headwinds affecting the entire sector, is a clear show of confidence from our financial partners,” TGODF CEO Brian Athaide said in the news release. “It is reflective…

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ThursdayNov 14, 2019 9:35 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Reports Q3 2019 Financial Results

SRAX (NASDAQ: SRAX), a digital-marketing and consumer-data-management technology platform company, announced third quarter 2019 financial results for the three months ended September 30, 2019. Among other highlights, the company reported net income of $1.4 million for the quarter and an increase in product or “vertical” sales of 11% and 17%, respectively compared to Q2 2019 and Q3 2018. Company management discussed the results and answered questions in a conference call on November 13. To listen to a replay of the call, which will be available until November 27, dial 1-844-512-2921 for the United States/Canada line or 1-412-317-6671 for the international…

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WednesdayNov 13, 2019 3:28 pm

NetworkNewsBreaks – InsuraGuest Inc. Enables Hotels, Vacation Rental Properties to Offer Guests’ Insurance Protection

InsuraGuest, through its proprietary InsurTech software platform, empowers both hotels and vacation rental properties a way to provide protection for their guests. An article discussing the company reads, “People who plan to travel overseas or go on vacation are often encouraged to buy travel insurance to provide some protection from illness or accidents that may occur while traveling or visiting another country, but these policies may exclude or may be limited for accidents that happen at a vacation rental property or hotel. Even when traveling within a country, a person may find that their travelers’ policy does not cover what…

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WednesdayNov 13, 2019 3:16 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Advances Development of Proprietary Drug-Delivery Platform

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug-delivery platforms, continues to progress the development and patenting of its DehydraTECH(TM) platform. An article discussing the company reads, “The DehydraTECH(TM) drug-delivery platform can be used to deliver substances in edible or in beverage form, and in capsules, pills, syrups and more. Brands in both Canada and the United States have licensed DehydraTECH to make their CBD and cannabis beverages best-in-class. . . . Not only is ingestion a much safer form of drug delivery, but DehydraTECH also delivers the active ingredient of the substance at a rate that is…

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WednesdayNov 13, 2019 12:42 pm

NetworkNewsBreaks – ROTH Capital Partners Hosting Technology & New Industrials Day in New York City

ROTH Capital Partners, a full-service investment bank focused on serving emerging growth companies and their investors, today is hosting its Technology & New Industrials Day in New York City. The one-day event provides investors extensive interaction and the opportunity to have one-on-one and small group meetings with management teams from over 70 small/mid-cap companies in the Technology and New Industrials sectors. In addition, participating companies are available to showcase their stories, and ROTH Technology and Cleantech & Industrials Senior Research Analysts are in attendance to provide sector- and company-specific insights. “In the Mobility and Internet of Things sector, high performance…

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WednesdayNov 13, 2019 12:32 pm

NetworkNewsBreaks – Merus N.V. (NASDAQ: MRUS) Secures $79.2 Million in Underwritten Public Offering

Merus N.V. (NASDAQ: MRUS), a clinical-stage bispecific antibody company developing Biclonics(R), has closed an underwritten public offering of 5,462,500 of its common shares, which includes 712,500 additional shares per the full exercise of the over-allotment option granted to the underwriters. Merus N.V. secured approximately $79.2 million in gross proceeds from the offering, with each of the shares sold at the public offering price of $14.50. The company intends to use the proceeds to advance clinical development of its product candidates, preclinical research and technology development, as well as for working capital and other general corporate purposes. ROTH Capital Partners acted…

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WednesdayNov 13, 2019 12:02 pm

NetworkNewsBreaks – SinglePoint Inc. (SING) Reports Record Q3 2019 Results, Expects Significant Growth in Solar and Hemp Businesses

Leading technology and acquisition company SinglePoint (OTCQB: SING) today announced its financial results for the third quarter ended September 30, 2019. According to the update, the company achieved revenues of $1,050,374 for the three months ended September 30, 2019, a 176% increase over the same period in 2018. Per the update, the initial response to the company’s Pure American Hemp Cigarette has been overwhelming, while Direct Solar, SinglePoint’s most recent acquisition, continues to exceed revenue targets and has been pivotal to the company’s financial growth. “This has been a great quarter for SinglePoint, we are very excited to see the…

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WednesdayNov 13, 2019 11:37 am

NetworkNewsBreaks – ChineseInvestors.com Inc.’s (CIIX) China Division Featured in WSJ Video on Opportunities to Cash In on US CBD Products Rush

ChineseInvestors.com’s (OTCQB: CIIX) China Division was featured in a video published by The Wall Street Journal today, which highlighted Chinese entrepreneurs and opportunities to cash in as products made with cannabidiol (“CBD”) take off in the U.S. The accompanying article, written by Stephanie Yang and Clément Bürge, highlighted the fact that, while marijuana is still seen as a dangerous narcotic in China, Chinese entrepreneurs “are navigating the highly-sensitive industry as they try to turn their country into a CBD superpower.” CIIX CEO Summer Sun, who leads the company’s Chinese branch, was featured in the video as he discussed the company’s…

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WednesdayNov 13, 2019 11:17 am

NetworkNewsBreaks – Sigma Labs, Inc. (NASDAQ: SGLB) Awarded Phase 2 RTE Contract by Leading Global Energy Technology Provider

Sigma Labs (NASDAQ: SGLB), a leading developer of quality assurance software for the commercial 3D printing industry, this morning announced that it has been awarded a phase 2 rapid test and evaluation (“RTE”) contract by a leading global energy technology company for the pilot deployment of PrintRite3D(R) in-process quality assurance software following successful completion of the phase 1 RTE program. Successful completion of the phase 2 RTE program may possibly lead to a material commercial order from the customer integrating PrintRite3D(R) into production machines. “The conversion from our initial test and evaluation program to the phase 2 pilot rollout is…

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