NetworkNewsBreaks

FridayMay 10, 2019 1:49 pm

NetworkNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Anticipates Massive Yield Increase for Third Harvest

Consumer healthcare company Geyser Brands (TSX.V: GYSR) recently announced its successful first test harvest and second harvest as a cannabis cultivator in accordance with Health Canada’s license to cultivate. The company anticipates a 200% yield increase over the first two harvests for its third harvest, which is currently in the ground. A recent article discussing the company reads, “Geyser Brands is a British Columbia-based company producing consumer health care products and brands through a formulation laboratory focused on enhancing the bioavailability and shelf stability of all-natural, hemp-derived cannabidiol (CBD) products. The company’s proprietary NanoFusion technology is at the heart of…

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FridayMay 10, 2019 12:59 pm

NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Continues Exploration at Property in Area Known to Contain Spodumene

Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is continuing exploration efforts at its Irgon Mine property, which is located in a region known for hosting spodumene and rare-element-bearing pegmatites. An article discussing the company reads, “Spodumene is a lithium-bearing silicate mineral that occurs in geochemically enriched granitic pegmatites, and QMC’s hard rock exploration has focused on the possibility of new commercial-level production at a site with a historical estimate calculated over 50 years ago to be 1.2 million tons grading 1.51 percent lithium oxide over a strike length of 365 meters (1,197.5 feet) and to a depth of 213…

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FridayMay 10, 2019 12:47 pm

NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Anticipates Upsurge in Production Capacity

Canadian-licensed producer the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) expects construction at its cultivation facility to be complete by the third quarter of 2019, rising its annual production capacity to 10,000 kilograms. An article discussing the company reads, “The Flowr cultivation facilities feature proprietary, patent-pending systems designed to consistently generate high crop yields. The 84,000-square-foot flagship Kelowna 1 facility is located on a seven-acre property in Kelowna, British Columbia. The facility is engineered to meet pharmaceutical industry production standards for cleanliness. . . . Currently, 10 of the Kelowna 1 grow rooms are licensed for use. Eight rooms are propagated…

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FridayMay 10, 2019 12:28 pm

NetworkNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employs Proprietary Technology to Launch Cannabis Beverage JV

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) recently entered a joint venture (“JV”) with Moosehead Breweries to launch a cannabis-infused beverage line in Canada. An article discussing the partnership reads, “The joint venture’s product line will utilize Sproutly’s proprietary Infuz2O water-soluble cannabis formulation to create a truly natural cannabis beverage experience that serves as an alternative to alcoholic products. The Infuz2O technology is expected to grant the beverages a rapid onset and offset time similar to traditional flower cannabis, for an immediate, controllable and good-tasting recreational cannabis experience lasting up to 90 minutes. Traditional cannabis oils, on the other…

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FridayMay 10, 2019 10:41 am

NetworkNewsBreaks – NetworkNewsWire to Provide Coverage, Share Expertise at B. Riley FBR’s Premier Investment and Networking Event

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) will serve as a Media and Platinum Sponsor for B. Riley FBR’s 20th Annual Institutional Investor Conference. The two-day, invitation only premier investment and networking event will be held at the iconic Beverly Hilton Hotel from May 22 to 23, 2019, and is expected to attract record attendance from private companies, institutional investors, high-net worth individuals and corporate clients. B. Riley FBR, Inc., a wholly-owned subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY), is a leading full service investment bank that, for two decades, has been hosting its institutional investor conference while…

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FridayMay 10, 2019 10:18 am

NetworkNewsBreaks – Uber Technologies, Inc. (NYSE: UBER) Announces Pricing of IPO

Uber Technologies (NYSE: UBER) this morning announced the pricing of its initial public offering of 180,000,000 common stock shares, each at a price of $45.00 to the public. Per the update, underwriters were granted a 30-day option to purchase up to an additional 27,000,000 shares from certain selling stockholders at the initial public offering price less underwriting discounts and commissions. Uber will not receive proceeds from any sale of shares by the selling stockholders. The shares are expected to begin trading on the New York Stock Exchange, under the symbol “UBER,” on May 10, 2019. Subject to customary conditions, the…

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FridayMay 10, 2019 9:46 am

NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Eliminates Over $3M in Convertible Debt

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) on Thursday announced that it has forced the conversion into common stock of over $3.67 million in convertible seller notes issued in 2017 and 2018.  According to the update, the effect of the conversion was to both reduce debt and accrued interest, as well as increase the company’s shareholder net equity as it prepares to apply for NASDAQ uplisting. “These seller notes have had a toxic impact on our stock price in recent months as portions of the notes were sold at a discount to face value and…

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FridayMay 10, 2019 9:39 am

NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Subsidiary Expands Cannabis Product Sales to Alberta

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets, this morning announced that its wholly-owned Canna Farms Limited subsidiary has successfully completed registration with Alberta Gaming, Liquor & Cannabis (“AGLC”) to supply the Province of Alberta with its premium cannabis products. Canna Farms is presently preparing its initial shipments for immediate delivery to AGLC. “We are very excited to bring our premium products to the Alberta consumer market, one of the strongest in Canada, and fill some of the current industry supply gaps while continuing to expand our…

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ThursdayMay 09, 2019 3:21 pm

NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Increases Oil Sands Resource by Strategic Acquisition

Oil and gas industry technology developer Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) recently announced that it is strategically expanding its oil sands resource through the execution of a definitive agreement to acquire an extra 50% of the operating rights and interests concerning oil sands in the state of Utah, under U.S. federal oil and gas leases. An article discussing the agreement reads, “The U.S. federal oil and gas leases encompass approximately 8,480 gross acres (4,240 net acres), the company said in a news release (http://nnw.fm/3OE9i). This acquisition, as well as the previous one carried out by Petroteq for 50% of the…

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ThursdayMay 09, 2019 3:14 pm

NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Expands Market Reach Through Distribution Agreements

Earth Science Tech (OTCQB: ETST) is increasing its reach by marketing its full-spectrum CBD products to a larger retail audience including large chains, health food stores and independent pharmacies. An article discussing the company reads, “Through agreements with CannaBiz and Desert Sun Distribution, ETST plans to broaden its sales of CBD products, including full-spectrum cannabinoid oil, to large chains, health food stores, pharmacies, chiropractors, dispensaries, health care practitioners, athletic clubs and clinics throughout the country (http://nnw.fm/76CTl), and this move is only the beginning for the biotech company. ‘The distribution agreements with CannaBiz and Desert Sun Distribution, while important, are only a…

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