NetworkNewsBreaks

ThursdayApr 25, 2019 3:02 pm

NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Secures Notable CBD Supply Contract

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, recently announced that its Khrysos Global subsidiary secured a contract to produce 99% pure cannabidiol oil from hemp with no tetrahydrocannabinol (THC). An article discussing the company reads, “The one-year supply and processing agreement is expected to begin with shipments this month and continue in equal amounts through March 2020, amounting to what Khrysos President Dwayne Dundore described as 50 percent of the company’s production capacity utilizing its supercritical CO2 technology (http://nnw.fm/CktQ0). Contracts for the remainder of the company’s production capacity are expected to be executed during ‘the next few months,’ he added.…

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ThursdayApr 25, 2019 2:45 pm

NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Focuses on Securing Financing, Land for Shymanivske Project

Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, is focused on securing financing and land to start construction of its low-cost Shymanivske iron ore project in the historically rich Kryvyi Rih region of Ukraine. An article discussing the company reads, “Black Iron has been pushing to begin construction at its Shymanivske project by the end of the year and is focused on raising capital to fund construction and securing essential land-surface rights for the central Ukraine site. The company recently signed a memorandum of understanding (MOU) with Glencore, one of the world’s…

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ThursdayApr 25, 2019 12:20 pm

NetworkNewsBreaks – BioDelivery Sciences International, Inc. (NASDAQ: BDSI) Closes Public Offering Resulting in $60M Gross Proceeds

BioDelivery Sciences International (NASDAQ: BDSI) has closed an underwritten public offering of 12,000,000 common stock shares. According to the update, BioDelivery Sciences and a selling stockholder sold the shares at a public offering price of $5.00 per share, resulting in $60 million in gross proceeds. BDSI will not receive any of the proceeds from sale of the common stock shares by the selling stockholder. In addition, underwriters have a 30-day option to purchase up to an additional 1,800,000 common stock shares at the public offering price from a selling stockholder. ROTH Capital Partners acted as co-manager for the transactions. To…

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ThursdayApr 25, 2019 11:34 am

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Enters LOI for Brantford Facility Purchase Leaseback

City View Green Holdings (CSE: CVGR) today announced its entry into an LOI with a financier for the purchase leaseback of its Brantford facility and property. Under the agreement, City View will exercise its option to purchase 49 Easton Road in Brantford and transfer that purchase option to the financier. In exchange, City View will enter into a 5-year lease with a 5-year renewable term with the right of first refusal to purchase the property and building back should the new owner decide to sell. The new landlord will finance all buildout and capital improvements required by City View to…

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ThursdayApr 25, 2019 11:27 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Announces Airing of its ‘As Seen On TV’ Infomercial Featuring Client Testimonial

Innovative biotechnology company Earth Science Tech (OTCQB: ETST) this morning announced that its highly-anticipated As Seen On TV 60-second spot infomercial with esteemed entrepreneur Kevin Harrington began airing in the New York City viewership area on April 23, 2019 and will continue to air between 9 PM and 12 AM ET on Lifetime, the Cooking Channel and Fox News. The infomercial, announced in early November, features one of the company’s customers as she shares her personal experience using ETST’s High Grade Full Spectrum Cannabinoids and its positive effect on her life. “I am really excited that we have completed production…

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ThursdayApr 25, 2019 10:52 am

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Secures Licenses to Cultivate and Process Hemp in the State of Michigan

Full-scope, science-driven, premium cannabis cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced its receipt of licenses for the cultivation and processing of hemp in the State of Michigan. Per the update, Green Hygienics’ two wholly owned subsidiaries, Green Hygienics Michigan LLC and Coastal Labs Michigan LLC, were granted the licenses under the Michigan Department of Agricultural and Rural Development (“MDARD”) Industrial Hemp Ag-Pilot Program launched by Governor Gretchen Whitmer. Under the agreement, Green Hygienics is approved to plant, propagate, grow, cultivate and harvest viable hemp seeds or live hemp plants in a state known for its agricultural…

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ThursdayApr 25, 2019 10:34 am

NetworkNewsBreaks – VIVO Cannabis Inc.’s (TSX.V: VIVO) (OTCQX: VVCIF) Canna Farms Receives Local Municipal Approval for B.C. Facility Expansion

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced receipt of local municipal approval for its wholly-owned subsidiary, Canna Farms Limited, for its phase 5 expansion that will add to its Hope, B.C. facility an incremental 2,500 kilograms of indoor capacity. According to the update, the expansion, originally slated to begin construction in 2020, is now, pending regulatory approval, expected to be completed in late 2019 or early 2020. The expansion, with expected capital costs of $3.5 million, consists of 10,000 square feet of cultivation space and is expected to bring VIVO's total internal production capacity to 13,500 kilograms…

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ThursdayApr 25, 2019 9:46 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expands Advisory Board; Subsidiary Enters Beverage License Agreement

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) on Wednesday announced that, through its subsidiary Lexaria CanPharm ULC, it has entered a definitive 5-year agreement to provide Lexaria's patented DehydraTECH(TM) technology to a private California-based cannabis company. Under the agreement the cannabis company will utilize the technology in certain cannabis-based beverages to be produced and sold in the states of California and Nevada. DehydraTECH-enabled beverages are protected under Lexaria's many existing US-granted patents and may include any combination of ready-to-drink beverages such as non-alcoholic beers, wines and spirits; cold or hot coffee or teas, sports…

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ThursdayApr 25, 2019 9:36 am

NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Plants Over 20,000 Marijuana Clones to Launch NUGS Farm North

Cannabis Strategic Ventures (OTC: NUGS), a Los Angeles, California-based cannabis firm, this morning announced the launch of a six-acre cannabis cultivation site which is anticipated to produce more than 30,000 pounds of cannabis per harvest, with an expectation of four to five harvests per year. Based on its location in Northern California, the site has been named NUGS Farm North and boasts 24 cultivation, manufacturing and distribution licenses issued by the Bureau of Cannabis Control in the State of California. According to the update, the company has planted over 20,000 marijuana clones this week and plans to plant 10,000 more…

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WednesdayApr 24, 2019 2:23 pm

NetworkNewsBreaks – Net Element Inc.’s (NASDAQ: NETE) North American Transaction Solutions Segment Drives Noteworthy Revenue Growth

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently reported substantial financial growth in 2018. A recent article discussing the company reads, “The company’s revenue over the year went up to $65.8 million, marking an increase of 10 percent on an annual basis. Growth through the company’s North American transaction solutions segment was the primary driver for the strong results, as the company’s management announced in an earnings conference call on April 2, 2019 (http://nnw.fm/sF47f). . . . The North American transaction solutions segment experienced annual growth of 16 percent in 2018. The United States accounted for 90…

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