NetworkNewsBreaks Archive - Page 1649 of 1969

WednesdayAug 15, 2018 2:30 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Technology Continues to Demonstrate Versatility

Lexaria Bioscience (CSE: LXX) (OTCQB: LXRP) is the developer of a disruptive drug delivery platform, DehydraTECH™, that the company out-licenses to entities aiming to deliver healthier ingestion methods of cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. An article discussing the company’s technology reads: “Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) patented DehydraTECH™ drug delivery platform has already received some eight patents granted and nearly 50 pending worldwide, and the company has applied for one more to the USPTO. This is because, in lab studies, the proprietary technology has shown evidence of transporting active pharmaceutical ingredients (APIs) across…

WednesdayAug 15, 2018 2:22 pm

NetworkNewsBreaks –The Flowr Corp. Secures Sales License from Health Canada

The Flowr Corp., a cultivator of premium cannabis in Canada, recently announced that it has received its sales license from Health Canada enabling the company to sell to the Canadian medical and adult-use recreational markets. Initially, Flowr will offer two brands: FlowrRx and Flowr. FlowrRx is a premium quality medicinal cannabis that empowers patients to live improved, fuller lives. The company’s premium recreational adult-use brand, Flowr, will serve the recreational market when it opens in October. “We’re pleased to have successfully completed the rigorous Health Canada sales licensing process and are excited to begin offering consumers and patients the high-quality…

WednesdayAug 15, 2018 12:13 pm

NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) and WeedMD Inc. (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE) Ink Definitive JV Agreement to Develop Cannabis Beverages Inc.

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), together with WeedMD (TSX-V: WMD) (OTC: WDDMF) (FSE: 4WE), this morning announced that the companies have signed a final definitive Joint Venture (“JV”) agreement to develop and operate Cannabis Beverages Inc. (“CanBev”). The strategic partnership positions CanBev as an early mover in the cannabis-infused beverage market, with each company retaining 50% each of the Class A shares in the new company. CanBev’s Board of Directors will be comprised of five individuals, two nominated by each company and one independent director. The partners have agreed to fund capital requirements of CanBev equally, beginning with initial…

WednesdayAug 15, 2018 11:25 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Inks Licensing Agreement with Asterion Cannabis; Engages Monster Media to Provide IR Services

Health sciences company PreveCeutical Medical (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) this morning announced that it has signed an agreement with Asterion Cannabis Inc. to acquire a worldwide license to use, manufacture, distribute and sell three Health Canada approved natural health products. Per the terms of the licensing agreement, Asterion has granted PreveCeutical a non-exclusive license to use Asterion's intellectual property to make or have made, use, distribute, sell, offer to sell and promote the products in exchange for a royalty fee payable to Asterion equaling 20% of the gross sales. The licensing agreement’s initial term is five years and…

WednesdayAug 15, 2018 11:15 am

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Announces Initiation of Up-Listing Process

Earth Science Tech, Inc. (OTC: ETST), an innovative biotech company focused on the cannabidiol (“CBD”), nutraceutical and pharmaceutical fields, this morning announced that it has initiated the up-listing process through the OTCQB Venture Market in anticipation of approval of its Form 10 registration statement. Per the update, when the SEC declares the company’s Form 10 registration statement effective, ETST will become a fully reporting company under the Securities Exchange Act of 1934, as amended. “We decided to initiate the up-listing process in anticipation of approval of our Form 10 Registration Statement, so the up-listing process would be partially completed when…

WednesdayAug 15, 2018 10:39 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Acquires Fitamins CBD Brand, Distribution Network

Cannabis Strategic Ventures (OTC: NUGS) this morning announced that it has signed a definitive agreement to acquire the Fitamins CBD brand. Per the terms of the agreement, Fitamins will distribute its vitamin and hemp derived CBD formulations to its network of 600+ wholesalers catered to the Asian-American market. Fitamins will also produce a proprietary CBD product as part of Cannabis Strategic’s brand portfolio, primarily targeting the United States’ distribution networks first and ultimately growing into other Asian markets that have legalized CBD products. “We have selected Fitamins because of its substantial distribution network and because of the import/export and marketing…

WednesdayAug 15, 2018 10:18 am

NetworkNewsBreaks – Global Payout, Inc. (GOHE) Signs Premier San Diego Dispensary to MTrac Payment Platform

Global Payout, Inc. (OTC: GOHE) this morning announced that it has successfully signed and commenced implementing one of San Diego’s premier dispensaries, The Healing Center (THC), and expects to go live with MTrac by the end of this week. Per the update, the MTrac team has already held its first training session with the THC staff and will remain on site to promote MTrac and engage the THC client base directly. “We are experiencing a very strong momentum in our local market based on our team’s incredible effort to get our message out to the industry,” Aaron Adler, CRO of…

WednesdayAug 15, 2018 10:08 am

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Reports Q2 2018 Financial Results; Provides Business Update

Pressure BioSciences (OTCQB: PBIO) this morning provided a business update, offered limited guidance for the remainder of 2018 and reported financial results for the second quarter ended June 30, 2018. Per the update, total revenue for the second quarter was $638,800, an increase of 18% compared to $540,400 for the same period in 2017. The company attributed the increase primarily to its double-digit growth in products and services, reporting revenue totaling $618,400 for the second quarter of 2018 compared to $480,400 for the same quarter of 2017, a 29% increase. In addition, Pressure BioSciences is holding an earnings conference call…

WednesdayAug 15, 2018 9:33 am

NetworkNewsBreaks – DPW Holdings, Inc. (NYSE American: DPW) Posts Preliminary Q2 Financial Results

Diverse holdings company DPW Holdings (NYSE American: DPW) this morning reported preliminary financial results for its second quarter ended June 30, 2018. Among other highlights, the company reported preliminary gross revenue for the second quarter to be between $7.1 million and $7.4 million, representing an increase from $1.8 million in the second quarter of 2017 and $5.2 million in the first quarter of 2018. DPW also updated its gross revenue guidance for fiscal year 2018 to between $34 million and $39 million, compared to its previous guidance of $44 million to $49 million. The updated guidance is in response to…

WednesdayAug 15, 2018 9:26 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces Filing of Second Quarter Results

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced the filing of its financial and operational results for the second quarter of fiscal 2018 ended June 30, 2018. Among the highlights, the company successfully completed a record-breaking initial public offering on the Toronto Stock Exchange, raising gross proceeds of $132 million; expanded its shareholder base from 4,000 to over 20,000; and continued to make strong progress on the construction of its facilities in Ancaster, Ontario, and Valleyfield, Quebec. “We are pleased with the accomplishments we have made in such a short…

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