NetworkNewsBreaks

ThursdayOct 03, 2019 10:33 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Opening of 150th CBD Shop and Progress to Capitalize on Holiday Shopping Season

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced the opening of its 150th Seventh Sense® Botanical Therapy ("Seventh Sense") CBD mall-based shop. The first shop opened in early February, and the update provides a link to watch Green Growth Brands CEO Peter Horvath discuss the growth of Seventh Sense from the Polaris Fashion Place location in Columbus, Ohio. The 150 shops operate across 35 states, and the number of locations is expected to reach up to 200 by the start of the holiday shopping season. To date, of the customers in the consumer database, nearly 20%…

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ThursdayOct 03, 2019 9:48 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Details Surrounding TerrAscend Canada Investment

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today provided details surrounding its investment in connection with a financing announced October 2, 2019. According to the update, Canopy Rivers has acquired ownership and control over (i) $13,243,000 principal amount of unsecured convertible debentures of TerrAscend Canada Inc. (the "Debentures"); and (ii) 333,723 common share purchase warrants of TerrAscend (the "Warrants"). The Debentures’ principal amount is convertible into fully paid and non-assessable common shares or exchangeable shares of TerrAscend at the holder’s option, or upon the occurrence of certain events, at a conversion price of $5.95…

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ThursdayOct 03, 2019 9:36 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Launches Nationwide Hemp CBD Product Marketing Campaign

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading cannabis branded products company based in California, this morning announced the start of a national marketing campaign featuring the company’s new 100% hemp CBD product. Recently launched in partnership with leading direct-to-consumer sleep company Casper, the new product line will receive additional help from John Legend who will advocate for CBD on behalf of PLUS. PLUS has also partnered with BTTR, an award-winning Los Angeles advertising agency, to design the campaign. Among other highlights, the campaign will include PLUS’s first commercial, which will be featured in digital direct to consumer advertisements; new…

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WednesdayOct 02, 2019 2:48 pm

NetworkNewsBreaks – HTC Extraction Systems (TSX.V: HTC) Achieves Growing Revenues in Q2; Develops CBD FSO Distillate Operation

HTC Extraction Systems (TSX.V: HTC), a gas, liquids and biomass extractor and refiner, recently reported financial results for the second quarter and six-month period ending June 30, 2019 (http://nnw.fm/4XONk). An article discussing the company reads, “HTC Extraction Systems recorded an increase in same-period, year-over-year revenues from operations during the first six months of 2019, rising from $560,260 to $1.85 million, according to unaudited interim condensed consolidated financial results. . . . HTC and its subsidiaries are dedicated to developing their proprietary extraction and purification systems for removing cannabidiol full-spectrum oil (CBD FSO) distillate from acquired hemp biomass and making the remaining…

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WednesdayOct 02, 2019 2:34 pm

NetworkNewsBreaks – Why Xalles Holdings Inc. (XALL) Is ‘One to Watch’

Fintech holding company Xalles Holdings (OTC: XALL) leverages blockchain and other technologies for e-commerce, payments, financial-reconciliation, and payment-auditing solutions. An article discussing the company further reads, “Xalles’ business plan focuses on consumer, business and government-oriented payment and financial-reconciliation transactions. Combining the blockchain decentralized financial-ledger platform with the company’s existing X2X transaction reconciliation system design, Xalles is building technology that supports payment audits, exchanges, and new business models and opportunities worldwide. Xalles will launch new-services card and mobile payment and rewards systems, and it will expand the technology offerings for referral marketing and e-commerce engines.” To view the full article, visit…

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WednesdayOct 02, 2019 2:24 pm

NetworkNewsBreaks – Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) Acquires Majority Stake in Biosteel Sports Nutrition, Inc.

Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) announced today that it has completed an all-cash transaction to purchase a majority stake in leading producer of sports nutrition products BioSteel Sports Nutrition, Inc. The deal was highlighted in an article authored by Michael Berger on Technical420.com titled, ‘Canopy Growth Announces Purchase of Majority Stake in Biosteel Sports Nutrition Inc’. Per the article, the transaction offers a substantial platform for Canopy Growth to enter the scports nutrition and hydration segment. “BioSteel has a reputation for being a best-in-class provider of natural sports nutrition products and all of its products are well positioned…

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WednesdayOct 02, 2019 1:28 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Advancing Toward Expansion Plans

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated, surface oil sands clean recovery mining oil company with proprietary technology, recently secured additional funding and made considerable headway toward its Asphalt Ridge heavy-oil extraction facility expansion plans. An article discussing the company reads, “Earlier this month, Petroteq announced the issuance to an arm’s length lender of a $480,000 principal amount (including a 20% original issue discount) unsecured convertible debenture and warrants exercisable for up to 2,666,666 of the company’s common shares, each at $0.15, for 12 months, according to a news release (http://nnw.fm/ukFW2). The company said it will use the…

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WednesdayOct 02, 2019 1:23 pm

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Platform Rewards Consumers for Opting to Release Data

SRAX (NASDAQ: SRAX), through its proprietary BIGtoken platform, has developed a consumer-managed data marketplace where consumers can own their own data and earn rewards for the release of that data. An article discussing the company reads, “Once consumers grant consent to allow businesses access to their data, BIGtoken sells that access in the form of anonymized segments; the platform can also remove access at any time. Once consent is granted, a mutually beneficial relationship is formed between SRAX and its customers. BIGtoken offers high-quality data that enables advertisers, for a premium, to have access to consumer-verified information for their campaigns.…

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WednesdayOct 02, 2019 10:05 am

NetworkNewsBreaks – MCTC Holdings, Inc. (MCTCD) Announces Efforts to Advance Cannabinoid Delivery Science via Polymeric Cannabinoid Nanoparticles and Nanofibers

MCTC Holdings (OTC: MCTCD, MCTC) on Monday announced details on its efforts to advance cannabinoid delivery science via polymeric cannabinoid nanoparticles and nanofibers. According to the update, the company is collaborating with two Contract Research Organizations (“CRO”), which continue to make advances in both cannabinoid nanosciences and toward productization of these and related technologies. MCTC plans to market and license numerous products that will offer superior bioavailability, sustained release properties and customization of cannabinoids combinations. “Our R&D program is squarely focused on developing improved methods to deliver cannabinoids to the human body through the use of nanoparticles, nanofibers and unique…

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WednesdayOct 02, 2019 9:58 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Additional $10M Investment in TerrAscend Canada Inc.

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced completion of a US$10 million investment in TerrAscend Canada Inc., a subsidiary of its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). According to the update, the investment includes the purchase of 13,243 units, with each consisting of one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 and 25.2 common share purchase warrants of TerrAscend exercisable until October 2, 2024. TerrAscend is the first and only cannabis company with sales in Canada, the U.S. and Europe with an international portfolio that…

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