NetworkNewsBreaks Archive - Page 1524 of 1978

WednesdayApr 17, 2019 9:39 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces 20 Percent Equity Acquisition and Joint Venture Agreement with NPE of California

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced its official acquisition of a 20 percent ownership interest in Natural Plant Extract of California (“NPE”). According to the update and under the agreement terms, MCOA has committed to contribute $2,000,000 in total cash to the project as well as $1,000,000 in its common shares in exchange for a 20 percent equity position in NPE. In addition, MCOA and NPE have officially entered a joint venture agreement to establish Viva Buds as a premier cannabis delivery company, from which both NPE and MCOA will share in…

WednesdayApr 17, 2019 9:30 am

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Congratulates Portfolio Company on New Product Launches, The Ellen DeGeneres Show Appearance

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles, California-based cannabis firm, this morning applauded its portfolio company The Asher House Wellness on its appearance on “The Ellen DeGeneres Show” which first aired on April 15. Co-founders Lee Asher and Luke Barton appeared on the popular daytime show to discuss their deep commitment to bring dogs out of shelters and into loving homes internationally. In addition, the Asher House team is expanding its suite of product offerings by introducing new phytocannabinoid (CBD) products and plans to launch numerous new dog products in 2019, including “Lillie’s Love Biscuits.” In 2018, Cannabis Strategic…

WednesdayApr 17, 2019 9:30 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) Announces Poster Presentation at the Neuroimmunology Drug Development Summit in Boston

INmune Bio (NASDAQ: INMB) this morning announced that Christopher Barnum, Ph.D., Director of Neuroscience and Translational Medicine, will be presenting a poster at the Neuroimmunology Drug Development Summit taking place in Boston on April 17th. The poster presentation is titled “Phase 1b open-label, biomarker-directed study of the brain penetrant, soluble selective inhibitor of soluble tumor necrosis factor (TNF) XPro1595 in patients with mild to moderate Alzheimer’s disease.” The presentation will highlight INmune’s drug candidate XPro1595 which targets neuroinflammation, a cause of microglial activation and neuronal cell death. “Because of our focus on neuroinflammation as a cause of neurologic disease, we…

TuesdayApr 16, 2019 1:22 pm

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Announces Cornerstone Distribution Account with Lowes Foods Chain

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, today announced the distribution of its Nightfood ice cream at Lowes Foods, a supermarket chain with significant presence in the Carolinas, across all 78 of its locations. Per the update, Lowes Foods, founded in 1954, is a top-50 revenue supermarket chain with approximately 9,000 employees that operates full-service supermarkets in North Carolina, South Carolina, as well as one location in Virginia. “Lowes has an amazing reputation and instantly gives us a powerful presence through the Carolinas,” Nightfood CEO Sean Folkson stated in the news release. “We’re…

TuesdayApr 16, 2019 12:53 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Completes 2019 Phase One Drilling Program at the Irgon Lithium Mine Property

British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) this morning provided an update on its Irgon Lithium Mine Project located within the prolific Cat Lake-Winnipeg River rare-element pegmatite field of S.E. Manitoba. The company reported the completion of its 2019 Phase One drilling program on the Irgon Lithium Mine Property. The program comprised of 18 NQ diamond drill holes that were collared and completed for a total of more than 2,300 meters of drilling, with many of these holes intersecting substantial visible spodumene mineralization. The drill program, which was developed and overseen by SGS Canada, was designed…

TuesdayApr 16, 2019 12:42 pm

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters LOI to Acquire Coastal Labs

Premium cannabis firm Green Hygienics Holdings Inc. (OTCQB: GRYN) this morning announced its entry into a letter of intent to acquire Coastal Labs. Las Vegas-based Coastal Labs was founded in 2014 by Kavan Thanasith and Travis Chrisman with the intention of providing raw CBD products to CBD merchants under the Coastal Pay umbrella. In 2017, it was recognized by San Diego Business Journal as one of the top 100 fastest-growing private companies. Per the update, Coastal Labs has generated various revenue sources by expanding its network throughout different sectors of the industry, with a focus on sales of seeds, hemp…

TuesdayApr 16, 2019 12:05 pm

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Posts Q4, Full Year 2018 Financial Results

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, this morning announced financial results for the fourth quarter and full year ended December 31, 2018. Among other highlights, the company reported full year revenues of $162.4 million; full year adjusted EBITDA of $7 million, up from negative $549,000 in 2017; and full year operating loss of $2.6 million, a 55% improvement from $5.9 million in the prior year. “We are encouraged by the improvement in our gross margins and the significant turnaround in Adjusted EBITDA over 2017. We are seeing revenue stabilization in the direct selling segment and we anticipate…

TuesdayApr 16, 2019 11:53 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Enters EU Market through Agreement with Two Towers

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) today announced that it has signed an agreement with Two Towers to expand the Wildflower Wellness brand’s CBD+ line of products into Poland. Per the update, Two Towers, a major wholesale prescription medical and over the counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies operating around the central capital region of Warsaw. “The European market is fragmented with no CBD market leaders,” William MacLean, CEO of Wildflower Brands, stated in the news release. “Our agreement with Two Towers vastly reduces barriers to moving…

TuesdayApr 16, 2019 11:12 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and…

TuesdayApr 16, 2019 10:47 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) CEO to Present at Benzinga Cannabis Capital Conference

Cannabis product manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and chief executive officer, Jake Heimark, will be presenting at the third annual Benzinga Cannabis Capital Conference on April 18, 2019, at 1:20 p.m. ET. As noted in the news release, Benzinga describes Cannabis Capital Conference as “The premier gathering of cannabis entrepreneurs and investors in North America.” An audience of over 750 institutional and retail investors, public and private companies and media representatives is expected to attend the event, which is scheduled to take place on April 17-18 at the Fairmont Royal York in…

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