NetworkNewsBreaks

TuesdayMay 07, 2019 11:41 am

NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Full-Year 2018 Financial Results

Innovative technology holding company VPR Brands LP (OTC: VPRB) this morning announced its 2018 full-year financial results. According to the update, the company increased its full-year revenues to approximately $4.6 million while reversing its operating loss of over $888,000 into positive territory above $9,000. In addition, the company’s full-year 2018 gross operating margins of 41 percent reflected a nearly 20 percent increase from 2017. “We have all tirelessly worked to build a strong foundation and prove we are capable of maintaining consistent and sustainable growth and still be mindful of financial performance,” VPR Brands CEO Kevin Frija stated in the…

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TuesdayMay 07, 2019 10:52 am

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Issues 2019 Shareholder Letter on Recent Developments, New Business Opportunities

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) this morning announced that it mailed a letter to its shareholders on May 1, 2019 to update them on recent developments and new business opportunities. Per the update, the letter provided information regarding the company’s two current, pending acquisitions, a review of its recent financial and operating performance, and details of its new Viva Buds(TM) brand that will serve as a manufacturing, distribution and retail delivery service for cannabis products in the state of California. “Our shareholder letter addresses our hemp research and growth business expansion, and the two…

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TuesdayMay 07, 2019 10:31 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) to Release Q1 2019 Earnings, Host Conference Call

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced its plans to release the company’s first quarter 2019 earnings after market close on May 14, 2019. According to the update, the company will host a conference call at 9:00 AM ET on May 15, 2019, conducted by CEO Brian Athaide and CFO Sean Bovingdon, to discuss the first quarter 2019 results and future outlook. Participants may join the call by dialing 416-764–8688 (local – Toronto) or 1-888-390–0546 (toll free – North America) and entering conference ID: 42408893, or may listen to the…

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TuesdayMay 07, 2019 9:41 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Enters CBD-Beverage Formulation License Agreement via Subsidiary

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced its entry into a definitive 5-year agreement, via its subsidiary Lexaria Hemp Corp. Under the agreement, Lexaria will provide its patented DehydraTECH(TM) technology to a private Nevada-based company for utilization in certain CBD-based beverages that will be produced and sold across the U.S. Lexaria continues to experience strong demand for use of its technology for beverage applications in North American markets. Lexaria’s many existing US-granted patents protect DehydraTECH-enabled products, which may include any combination of ready-to-drink beverages such as non-alcoholic beers, wines and spirits,…

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TuesdayMay 07, 2019 9:28 am

NetworkNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Present at the Canaccord Genuity 3rd Annual Cannabis Conference

Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced that the company will be participating in the Canaccord Genuity 3rd Annual Cannabis Conference taking place at the Grand Hyatt New York in New York, NY. Nabis CEO and Director Shay Shnet and President Mark Krytiuk will present at the conference on Tuesday, May 14, 2019 at 2:40 PM ET. To schedule a one-on-one meeting with Nabis management, send an email to Nadine Miller at [email protected]. To view…

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TuesdayMay 07, 2019 8:45 am

NetworkNewsBreaks – INmune Bio, Inc. (NASDAQ: INMB) Closes $4.1M Private Placement

INmune Bio (NASDAQ: INMB), an immunology company focused on developing treatments that harness the patient’s innate immune system to fight disease, this morning announced the close of its offering of 460,545 shares of common stock sold at a price of $9.00 each resulting in proceeds of $4,144,900. In addition to existing investors, such as CEO RJ Tesi and CFO David Moss, the investment was led primarily by an early INmune Bio investor. “This financing provides INmune Bio with immediate access to capital that continues with our goal of keeping our capital structure simple. The funding, led by insiders and existing…

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MondayMay 06, 2019 1:32 pm

NetworkNewsBreaks – Why Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Is ‘One to Watch’

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) is a leading, worldwide developer and provider of Push-to-Talk Over Cellular (“PTT/PoC”) systems for enterprise customers. An article discussing the company reads, “Siyata’s suite of technology includes numerous PTT and legacy devices, as well as cellular boosters designed to improve cellular signals in corporate warehouses, government embassies, retirement home campuses, banks and manufacturing plants. . . . The company’s flagship product, the Uniden UV350, is the world’s first vehicle-mounted 4G/LTE smartphone with crystal-clear quality, carrier-grade PTT, voice, text, video and data applications built into a single device. Specifically designed for First Responder and commercial…

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MondayMay 06, 2019 1:05 pm

NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Sees Recent Cannamerx Investment as Key Growth Alliance

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently announced that it has entered into a partnership with the Cannabis Mercantile Exchange (“Cannamerx”) as Cannamerx rolls out the first international global hemp and cannabidiol (CBD) auction platform. An article discussing the company reads, “Cannamerx is drawing hemp clients in Canada, the United States and Europe, and is in the process of seeking CBD labs in the United States that it can work with for trade in that country. . . . ‘The hemp revolution has begun in North America,’ Redfund CEO Meris Kott stated in a news release. ‘We are…

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MondayMay 06, 2019 12:28 pm

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Prestigious Awards

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) recently received two prestigious Horizon Interactive Awards in the global categories of Best Responsive/Mobile Website (Gold) and Best E-commerce Website (Bronze) for its TGOD.ca website (http://nnw.fm/IW9Nc). An article discussing the company reads, “The new website focuses on driving awareness of TGOD’s position as Canada’s only 100 percent supplier of certified organic cannabis while facilitating direct medical product purchases for patients that provide medical documentation that’s confirmed by a health care practitioner. In March, the first group of patients enrolled in TGOD’s Growers’ Circle received access to…

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MondayMay 06, 2019 12:28 pm

NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints Haywood Securities as Lead Agent on $10M Brokered Private Placement

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that it has appointed Haywood Securities Inc. to act as lead agent on behalf of a syndicate of agents to sell, by way of a best efforts private placement, up to two million company units, each at a price of $5.00, for gross proceeds of up to $10 million. According to the update, each unit will comprise one common share of the company (each a "share") and one half of one common share purchase warrant (with each whole warrant constituting a "warrant"). Warrant holders will be entitled to acquire an additional…

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