NetworkNewsBreaks

TuesdayNov 26, 2019 12:34 pm

NetworkNewsBreaks – Dama Financial to Offer Free Banking Access to Eligible Cannabis-Related Businesses

Dama Financial, a leading provider of access to electronic banking and payment solutions, this morning announced its plan to offer cannabis-related businesses (“CRBs”) that qualify under its Social Equity Program (“SEP”) free access to banking. The company has designed the financial infrastructure specifically for CRBs that are impeded by the shortcomings related to cash-based operations. Businesses that qualify for application to their respective state or county’s SEP are now authorized to apply to Dama’s SEP and obtain free access to banking. To view the full press release, visit http://nnw.fm/r2AB3 About Dama Financial Dama Financial provides transparent, sustainable banking and payment…

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TuesdayNov 26, 2019 12:06 pm

NetworkNewsBreaks – LiveWire Ergogenics Inc. (LVVV) Completes Official Launch of 7X Pure Verification System and Website

LiveWire Ergogenics (OTC: LVVV) today announced the launch of the first 7X Pure Compliance and Dosage Verification System for cannabis products and website www.7XPure.org. LiveWire Ergogenics, in cooperation with Basso Botanicals, launched the 7X Pure system, which provides third party verification of material of origin, potency, purity, dosage, labeling and more and, after approval, verifies each product with a digital identity and clearly-identifiable chain of custody. “We have been working closely with Basso for some time to fine tune and perfect our 7X Pure Testing and Verification system,” Livewire Ergogenics CEO Bill Hodson said in the news release. “We are…

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TuesdayNov 26, 2019 11:33 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Secures Min $1.8 M to Equip Taxis with Innovative CP250 In-Vehicle Smartphone

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced its receipt of an additional purchase order from a leading taxi technology distributor for a minimum of $1.8M CDN. According to the update, the customer will equip its taxis with Siyata’s innovative 4G/LTE CP250 in-vehicle smartphone, with the potential to increase the order by an additional 50%. “This additional purchase order is a strong validation of the importance of a streamlined device to be the backbone of communications within a commercial vehicle and in this case a taxi,” Siyata Mobile CEO Marc Seelenfreund said in the news release. “With the CP250, taxi…

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TuesdayNov 26, 2019 11:06 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Provides 2019 Recap, Outlook for 2020

SinglePoint (OTCQB: SING), a technology and investment company, this morning provided a recap of 2019 and outlook for 2020. The company exceeded $1,000,000 in revenue for Q3, making it its largest third quarter in company history. Moving forward, SING sees substantial growth in two major markets, hemp and solar, and is focused on growing within these market segments throughout the fourth quarter and into 2020. The company is launching its nicotine and tobacco free 1606 Original Hemp cigarettes at MJBIZCON taking place at the Las Vegas Convention Center December 11-13, 2019. SinglePoint expects the sale of 1606 to be a…

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TuesdayNov 26, 2019 10:42 am

NetworkNewsBreaks – Treasure & Shipwreck Recovery (OTC: BLIS) Enters Agreement for Large Area Targets off Florida’s East Coast

Treasure & Shipwreck Recovery, Inc. (“TSR” or “the Company”) (currently trading on the OTC as BLIS) today announced its entry into a purchase agreement to acquire the data and coordinates from shipwreck scans and technical mapping covering up to 60-mile-long areas off the east coast of Florida. According to the update, crews will use this information, which represents years and thousands of hours worth of work off Florida’s coast, for exploration and expected shipwreck recoveries. The scans and data come from an area where there are hundreds of known wrecks, many of which are historical and unexplored, with pinpoint data…

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TuesdayNov 26, 2019 10:15 am

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Advances Toward Nasdaq Exchange Uplisting

Sugarmade (OTCQB: SGMD), a major supplier to the hydroponic cultivation and hemp sectors, today provided an update as it moves toward an uplisting of shares onto a major U.S. exchange following news that Sugarmade’s direct competitor, GrowGeneration Corp. (NASDAQ: GRWG) (“GrowGen”), announced on Monday, November 25, that its shares have been approved for listing on the Nasdaq Capital Market ("NASDAQ"). According to the update, company management believes that, following its strategic move to acquire BZRTH, Inc., as well as another acquisition to be announced in the near future, that Sugarmade is very similar to GrowGen, on an overall, consolidated basis,…

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TuesdayNov 26, 2019 10:04 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Bolsters its Strategic Advisory Board with Kevin Durant’s Thirty Five Ventures

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the expansion of its strategic advisory board to add Thirty Five Ventures, the business owned by NBA star Kevin Durant and sports business executive Rich Kleiman. According to the update, Thirty Five Ventures will collaborate with Canopy Rivers as it continues to pursue its global growth strategy and strengthen its global portfolio of leading cannabis companies. Canopy Rivers will also look to co-invest with Thirty Five Ventures on cannabis-related deals, leveraging the group's expertise in brand development and marketing. "We're thrilled to have Thirty Five…

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TuesdayNov 26, 2019 9:57 am

NetworkNewsBreaks – Lipocine, Inc. (NASDAQ: LPCN) Closes $6M Follow-On

Lipocine (NASDAQ: LPCN), a clinical-stage biopharmaceutical company focused on metabolic and endocrine disorders, closed its underwritten public offering of 10,450,000 Class A Units priced at $0.50 each and 1,550,000 Class B Units for $0.4999 each, resulting in gross proceeds of approximately $6 million. The Class A Units were comprised of shares of LPCN’s common stock and common warrants to purchase its common stock and the Class B Units were comprised of pre-funded warrants and warrants to purchase LPCN’s common stock. The company plans to use the proceeds from the offering toward working capital and general corporate purposes. ROTH Capital Partners…

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TuesdayNov 26, 2019 9:17 am

NetworkNewsBreaks – VPR Brands LP (VPRB) Provides Update on Monetization, Enforcement of Electronic Cigarette Utility Patent

VPR Brands (OTCQB: VPRB), a market leader specializing in vaporizers and accessories for essential oils, cannabis concentrates and extracts (“CBD”), as well as electronic cigarettes containing nicotine, on Monday provided an update regarding the monetization and enforcement of its U.S. utility patent for electronic cigarettes. The company’s patented technology is one of the earliest filed electronic cigarette patents and includes two broad, independent claims encompassing products with an electric airflow sensor, including a sensor comprised of a diaphragm microphone. VPR Brands has begun identifying more than 50 infringing companies, based on sales volume, and has started notifying the companies of…

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MondayNov 25, 2019 3:53 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

Predictive Oncology (NASDAQ: POAI), focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, today announced its recent receipt of notification (the “Notification Letter on Compliance”) from the Listing Qualifications Department of the Nasdaq Stock Market Inc. (the “Nasdaq”) that indicates Predictive Oncology has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules (the “Minimum Bid Price Requirement”). Per the update, Predictive Oncology received, on November 16, 2018, notification from the Nasdaq (the “Notification Letter on Deficiency”) indicating that the closing bid price per share had been below $1.00…

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