NetworkNewsBreaks

ThursdayOct 24, 2019 10:05 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Applauds FDA Forward-Looking Decision on Reduced Risk Tobacco Format

Global innovator in drug delivery platforms Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today announced that the Food and Drug Administration ("FDA"), for the first time ever, has authorized the marketing of oral nicotine products through the Modified Risk Tobacco Product pathway. According to the update, this pathway includes product categories that could benefit from Lexaria's technology. The FDA-authorized product format is in the tobacco pouch category, similar to a mini tea-bag that is held in the mouth from which the nicotine within is absorbed. Unlike chewing tobacco, there is no need to spit. Significantly, because there is no combustion, heating…

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ThursdayOct 24, 2019 9:28 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Posts Q4 & Full Year Financial Results, Hosts Conference Call

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) on Wednesday reported its results for the fourth quarter and full year ended June 30, 2019. Among other highlights, GGBXF reported total revenue for fiscal 2019 of $15.7 million, as well as a 29% quarter-over-quarter increase in revenue for the three-month period ended June 30, 2019. The company is hosting a conference call and audio webcast today, October 24th at 8:30 AM ET featuring GGBXF CEO Peter Horvath and CFO Brian Logan. To join the call, dial (+1) 416 764 8609 for the local Toronto line, (+1) 778 383 7417…

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WednesdayOct 23, 2019 3:33 pm

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Subsidiary Drives Notable Q4 Revenues

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently reported impressive financial results in its FY2019 year-end report (http://nnw.fm/i1KSn). An article discussing the company reads, “The company pointed to its core recreational flower brand, 7ACRES, as key to its impressive revenue performance. Committed to providing enthusiasts with hand-crafted cannabis flower that delivers an uncompromised experience, revenue from 7ACRES grew 443 percent year-over-year, from $3.5 million in Q4 2018 to $19 million in Q4 2019, and 90 percent quarter-over-quarter, from $10 million in Q3 2019. . . . ‘Our positive adjusted EBITDA and significant revenue growth in the fourth quarter reflects…

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WednesdayOct 23, 2019 3:13 pm

NetworkNewsBreaks – Pressure BioSciences Inc.’s (PBIO) PCT Platform Highlighted at IGCS Conference in Brazil

Pressure BioSciences’ (OTCQB: PBIO) patented pressure cycling technology (“PCT”) platform was recently described as an integral part of women’s cancer research efforts during a presentation at the International Gynecologic Cancer Society conference in Brazil. An article discussing the company reads, “Pressure BioSciences’ PCT platform, as an integral part of the analytical trio, prepares the excised cells for micro-scale quantitative proteomics and phosphoproteomics – the large-scale study of proteins and their phosphorylation-based signaling networks – by provoking rapid and efficient high-quality cellular protein release and preparation from the biopsy samples. The entire sample preparation process is done in the company’s proprietary…

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WednesdayOct 23, 2019 3:07 pm

NetworkNewsBreaks – CloudCommerce Inc. (CLWD) Helping Businesses Find Target Customer Groups with SWARM

CloudCommerce (OTCQB: CLWD), a leading provider of audience-driven business intelligence and digital marketing solutions, developed its flagship solution, SWARM, to assist digital marketing by utilizing advanced data analysis incorporating behavioral factors with conventional demographic data. An article discussing the company reads, “The idea behind SWARM is to have and use robust datasets to give good insight into trends and potential customers in a way that is more powerful than other offerings. Knowing what customers to attract and what motivates and triggers customers to buy services and products allows a targeted approach to marketing campaigns. SWARM not only tells businesses who…

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WednesdayOct 23, 2019 2:34 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) CEO Discusses Notable Growth Pattern, Future Plans in Audio Interview

Digital marketing and consumer-data-management technology company SRAX’s (NASDAQ: SRAX) CEO and founder Christopher Miglino recently joined Stuart Smith from NetworkNewsWire for an audio interview (http://nnw.fm/o6dkX). An article discussing the company reads, “‘Our goal is to build the most valuable opted-in data set in the world,’ Miglino stated in an interview. ‘We’ll have more consumers that have opted in to let us sell access to their data than any other company, and that’s invaluable.’ . . . Miglino further stated that, as consumers realize the value potential of data, they are retaining their information. Privacy concerns are high, with governments passing laws…

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WednesdayOct 23, 2019 2:27 pm

NetworkNewsBreaks – B2Digital Inc.’s (BTDG) B2 Fighting Series Kicks Off First Fall Season

B2Digital (OTC: BTDG) recently announced the launch of its B2 Fighting Series fall schedule. An article discussing the company reads, “The first fall season of the B2 Fighting Series will feature 10 live MMA fights before the end of the calendar year, the company announced (http://nnw.fm/X0s5T). . . . B2 Fighting Series is quickly becoming a premier development league for MMA. As per an official announcement, it will be holding fall, spring and summer season series each year. . . . ‘B2Digital’s holdings continue to expand, and we are pleased that our five fight group companies have fights planned to create…

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WednesdayOct 23, 2019 1:26 pm

NetworkNewsBreaks – Cision Ltd. (NYSE: CISN) Enters Definitive Agreement to Be Acquired for $2.74 Billion

Cision (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, on Tuesday announced that it has entered into a definitive agreement to be acquired by an affiliate of Platinum Equity in an all cash transaction valued at approximately $2.74 billion. The company’s board of directors has unanimously approved the transaction. Per the terms of the agreement, an affiliate of Platinum Equity will acquire all outstanding ordinary shares of Cision at a price of $10.00 each. Cision will hold a special shareholders meeting following the filing of a definitive proxy statement with the…

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WednesdayOct 23, 2019 12:16 pm

NetworkNewsBreaks – Wonderfilm Media Corp. (TSX.V: WNDR) (OTCQB: WDRFF) Fast-Tracking Revenue, Increasing Production Efficiency

Wonderfilm Media (TSX.V: WNDR) (OTCQB: WDRFF), a producer of high-quality feature films and episodic television with international appeal, on Tuesday announced the co-marketing of a third-party, $50 million (C$65.9 million) asset-backed debt facility intended to fast-track the company’s revenue and boost overall production efficiency. The independent, U.S.-based limited liability corporation (“LLC”) facility will be secured against specific future Wonderfilm movie productions. Created to exclusively support the company’s upcoming movie productions, the facility provides Wonderfilm with a means to hasten scheduling, production and delivery of its film and television projects. The move will also enable WDRFF to realize speedy revenue-generation and…

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WednesdayOct 23, 2019 10:27 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Achieves Exempt Status Removing Penny Stock Limitations

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today announced that its stock has been awarded “Penny Stock Exempt” status on OTCmarkets.com in accordance with rules defined by the Securities and Exchange Commission (“SEC”). According to OTCmarkets.com, the status means that SGMD stock is now exempt from the limitations that accompany any security defined as a “Penny Stock” according to the SEC under Rule 240.3a51-1 because it meets one of the following: 1) A price of over $5 per share, 2) issuer has at least $6 million in average revenue for the last three years,…

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