NetworkNewsBreaks

MondayApr 01, 2019 11:13 am

NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) to Expand Footprint in Cannabis Industry with Odor and Emission Solutions

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, today announced plans to expand its solutions for the cannabis Industry to deal with the increasing regulations from local and provincial governments. Kontrol Energy and its ORTECH Consulting subsidiary have over 40 years of history in dealing with emissions and odors in multiple industry sectors across Canada. Following legalization in Canada, the cannabis industry continues to mature, and, along with it, there is a growing demand for emission and odor compliance and new regulations for which many LPs may not be prepared. "We offer…

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MondayApr 01, 2019 10:58 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner in Negotiations Regarding Acquisition of Scio Farm Hemp Biomass

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) and Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), its joint venture partner, today announced that they are in current negotiations with several Oregon-based cannabinoid extraction companies regarding the acquisition of the joint venture’s hemp biomass produced at the Scio farm from the 2018 harvest. Per the update, the Scio farm team has prepared processing samples ranging in size from 100 lbs. to 2,000 lbs. for the extraction companies. The biomass is being processed into CBD crude oil, with the option to further refine it into isolate…

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MondayApr 01, 2019 9:55 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution, and it will allow Foresight to use its stereoscopic camera-based object detection capabilities to provide collision alerts through the Eye-Net application in order to reduce the likelihood of accidents and injuries. “We are very excited about this notice of allowance for…

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MondayApr 01, 2019 9:39 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives Second Site License from Health Canada

Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, James E. Wagner Cultivation Corporation (“JWC”) (TSX.V: JWCA) (OTCQX: JWCAF), has received a cultivation license from Health Canada for its Kitchener-based commercial-scale production facility (“JWC2”). Per the update, reception of this license will result in the launch of the initial phase of JWC2, a 345,000-square-foot production and distribution complex through which JWC intends to roll out more than 130 individual production rooms utilizing its proprietary GrowthSTORM Dual Droplet cultivation platform and methodologies. “While optimizing production methodologies at their already licenced pilot facility, JWC has concurrently built…

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MondayApr 01, 2019 9:11 am

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Closes First of Two Planned Tranches of Private Placement

Iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Friday announced its closing of the first of two planned tranches of its previously announced non-brokered private placement of financing units. Per the update, Black Iron issued 17,508,440 units at a price of $0.06 per unit for gross proceeds of $1,050,506. The company intends to use the net proceeds of this first tranche to advance its Shymanivske project, including negotiations to secure essential land surface rights; to further discussions and negotiations on construction financing; and for general working capital purposes. Closing of the first…

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MondayApr 01, 2019 8:30 am

NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Strong Results from Ongoing Drilling Program at Flagship Cyclops Project

Canada-based exploration company Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) recently announced results from its ongoing 2019 drilling program at its flagship Cyclops, nickel/cobalt development project located in Indonesia. Per the update, a total of 29 holes for a total of 402 metres have been completed, and continued drilling confirms shallow intersections from surface with elevated cobalt up to 0.25 percent in the limonite zone and nickel values of 1.91 percent in underlying transition and saprolite zones. “The strong drill results from an area that is historically underexplored indicates there’s room for expansion of the mineralization footprint at…

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FridayMar 29, 2019 3:34 pm

NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Subsidiary Offers Innovative POS Solutions to Restaurant Industry

Global technology and value-added solutions group Net Element (NASDAQ: NETE), through its wholly owned subsidiary Aptito, delivers comprehensive business-management solutions and cloud-based point of sale (“POS”) for the restaurant industry. A recent article discussing the company reads, “A quality POS system ensures quality service, whether it’s used in a gourmet restaurant or a quick service restaurant (http://nnw.fm/r47Ug). In the second case, customers are looking for quick services and convenience, and having to wait for a payment to be processed takes away from that experience. . . . Innovative POS solutions like those provided by Aptito are also a good choice for…

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FridayMar 29, 2019 3:00 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Strengthens Market Position via Planned Acquisition as Cultivation Supplies Shortages Rise

Sugarmade (OTCQB: SGMD) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a news release, Jimmy Chan, CEO of Sugarmade, noted that Sky Unlimited recently received new shipments of many critical grow supplies for the booming hemp cultivation sector; nonetheless, farmers are advised to order as soon as possible. Many items are experiencing long lead times, and backorders…

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FridayMar 29, 2019 2:27 pm

NetworkNewsBreaks – MustGrow Biologics Corp. Seizing Opportunity in Biopesticides, Fertilizers

Agricultural biotech company MustGrow Biologics remains driven to find inventive solutions that have extensive applications within agriculture. The company is currently developing and commercializing its patented natural biopesticide. A recent article discussing the company reads, “Recently, MustGrow Biologics president and chief executive officer Corey Giasson commented on the significant opportunity in biopesticides and fertilizers. The company is advancing its pesticide and fertilizer labels using the Health Canada-defined ‘Purposes’ as a foundation. These are in place to see (http://nnw.fm/7cNDc) that ‘the requirements of the Pest Control Products Act and the Cannabis Act related to the use of pest control products (PCPs) are…

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FridayMar 29, 2019 1:42 pm

NetworkNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Looks to Radically Increase Production Capacity Based on Initial Grow Results

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), is eyeing significant potential based on initial grow results at its Toronto production facility. A recent article discussing this reads, “Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage and edibles realm, Sproutly has reached a significant milestone at its production facility in Toronto, called Toronto Herbal Remedies. Notably, the company completed its first two harvests of its premium quality, small-batch cannabis. These batches produced ‘highly efficient yields for an initial grow,’ according Bryan Semkuley, president…

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