NetworkNewsBreaks

ThursdayJul 11, 2019 11:22 am

NetworkNewsBreaks – Sharing Services Inc. (SHRG) Reports Ninefold Increase in FY2019 Revenues, Continues Record Trend

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., today announced revenues of $85.9 million for the fiscal year ended April 2019, which represents a ninefold increase of approximately $77.5 million compared to $8.4 million fiscal year 2018 revenues. Per the update, this fiscal year sets yet another record for the company that has now reported over $94 million in cumulative sales revenues since the December 2017 launch of products through its Elepreneurs, LLC and Elevacity Global, LLC subsidiaries. "Over the last 16 months, our product sales for the health and wellness products of Elevacity Global have dramatically and…

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ThursdayJul 11, 2019 10:39 am

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Announces Cannabis Biopesticide R&D Program with National Research Council Canada

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, this morning announced that a biopesticide R&D program is underway with the National Research Council Canada (“NRC”). According to the update, the R&D team is conducting a series of efficacy assessments of MustGrow’s patented biopesticide as a natural pre-plant, pre-pot soil treatment for diseases and pests that affect cannabis production. MustGrow intends to seek approval of its natural biopesticide from Health Canada for eventual use by Canada’s licensed cannabis producers. Currently, the R&D program is targeting a number of soil-borne pests and diseases that have been particularly problematic for many of Canada’s…

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ThursdayJul 11, 2019 10:27 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Partners with American Eagle Outfitters, Inc. (NYSE: AEO) to Provide Specialty Line of CBD-Infused Personal Care Products

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced its receipt of a purchase order from American Eagle Outfitters, Inc. (NYSE: AEO), through which it will sell hemp-derived cannabidiol (“CBD”) infused personal care products in nearly 500 American Eagle stores and online. According to the update, the purchase order represents GGB's third major wholesale agreement since passage of the 2018 Farm Bill. Sales of the products exclusively developed for American Eagle, including a wide assortment of CBD-infused personal care items such as lotions, muscle balms and aromatherapy, are expected to begin in October 2019. “We are very…

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ThursdayJul 11, 2019 9:39 am

NetworkNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTC: LXRP) DehydraTECH to be Leveraged Through CBD License Agreement with Universal Hemp

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP) today announced its entry into a definitive five-year agreement, via its subsidiary Lexaria Hemp Corp., to provide its patented DehydraTECH(TM) technology to Universal Hemp LLC. Under the agreement, Universal Hemp, a B2B manufacturer of high-performing hemp-derived bulk ingredients to the consumer packaged goods and nutraceutical industries, will utilize the technology in many CBD-based food ingredients to be produced and sold across the U.S. immediately, as well as in Canada when regulations permit. “We are very excited about signing this licensing agreement with Lexaria Bioscience to bring to…

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ThursdayJul 11, 2019 9:30 am

NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Subsidiary to Conduct Five Day Trial of Cellular-Based Accident Prevention Solution

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that its wholly owned subsidiary, Eye-Net Mobile Ltd., will conduct a large-scale trial of its Eye-Net(TM) cellular-based accident prevention solution for the first time. The five-day trial is set to take place in Israel from July 24th until July 29th, 2019. The trial represents a key milestone for Eye-Net as it evolves from technology to product. Thousands of users are anticipated to participate in the trial, which is open to the general public and is limited to the first 30,000 enrolled participants. A trade-in company of leading car…

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WednesdayJul 10, 2019 3:47 pm

NetworkNewsBreaks – Hemptown USA Enters Consumer Packaged Goods Space through Kirkman Group Acquisition

Hemptown USA, a privately held company headquartered in Southern Oregon’s Emerald Triangle, today announced the acquisition of all assets of Kirkman Group, a Lake Oswego, Oregon-based FDA licensed, current good manufacturing practice (“cGMP”) certified nutraceutical business. The acquisition includes the entirety of the management team, production equipment, formulations, proprietary intellectual property, current sales channels and fulfillment centers. This transaction also marks the company’s immediate entry into the consumer packaged goods space. “The Kirkman Group is a key strategic acquisition for Hemptown. Being fully operational and FDA licensed accelerates Hemptown’s vertical integrations plans. Kirkman’s high quality formulations and production standards will…

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WednesdayJul 10, 2019 3:35 pm

NetworkNewsBreaks – Fortune Business Insights Posts Functional Water Industry Research Report

Fortune Business Insights, a provider of meticulous analysis with a specialized focus on accuracy of data obtained, recently published a report including a market forecast, analysis and insight on the global functional water market. The global functional water market was valued at $10.34 billion in the year 2017 and has an estimated value of $18.24 billion by 2025. North America is expected to dominate the market in the upcoming years due to its consumers becoming more health conscious. An alarming 70 million children will suffer from obesity by 2025 according to the World Health Organization (“WHO”). This has caused an…

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WednesdayJul 10, 2019 3:14 pm

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Obtains Lucrative, Multiyear Hemp Purchase Order

Green Hygienics Holdings (OTCQB: GRYN), a full-scope, science-driven, premium-cannabis cultivation and branding enterprise, recently entered a multiyear purchase order for the sale of hemp to U.S. Tobacco de Mexico (http://nnw.fm/mKA8N). An article discussing the company reads, “The lucrative five-year contract will require Green Hygienics to deliver $56.4 million worth of hemp flower to the Tijuana, Mexico-based firm for use in its production lines. . . . U.S. Tobacco de Mexico is a Tijuana-based tobacco and cigarette product importer. Its excellent management team and global positioning capabilities will provide various opportunities, making the partnership an exciting one, Green Hygienics Vice President of…

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WednesdayJul 10, 2019 3:00 pm

NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Subsidiary Advancing Women’s Wellbeing

Florida-based biotechnology company Earth Science Tech (OTCQB: ETST), through its wholly owned subsidiaries, is focused on helping women by providing ways to assess and treat sexually transmitted infections (“STI”). A recent article discussing the company reads, “Subsidiary Earth Science Pharmaceutical is committed to bringing low-cost, noninvasive testing processes and vaccines for sexually transmitted infections to market to help women improve the quality of their lives. The company’s first medical device, Hygee, is a home kit designed as a modified panty liner to allow for the self-collection of a gynecological specimen that can be tested for two types of infections —…

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WednesdayJul 10, 2019 2:15 pm

NetworkNewsBreaks – Why Willow Biosciences Inc. (CSE: WLLW) Is ‘One to Watch’

Alberta, Canada-based Willow Biosciences (CSE: WLLW) is a leading developer of biosynthetic production systems for high-value, plant-derived active pharmaceutical ingredients (“APIs”) and intermediates. A recent article discussing Willow Biosciences reads, “The company’s expertise in the esoteric field of biosynthesis and in delivering commercial fermentation pathways for the production of pharmaceutical-grade compounds grew from its origins in opiate research. Willow recently delivered a de novo biosynthesis pathway in yeast for thebaine, a key precursor API used as a feedstock in the manufacture of semi-synthetic opiates such as naloxone (used to reverse opioid overdose) and several common analgesics. Led by chief scientific…

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