NetworkNewsBreaks

TuesdayMay 15, 2018 9:50 am

NetworkNewsBreaks – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Acquires Stake in Silota Research and Development Inc.

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) this morning announced that it will acquire 12.5% of all issued and outstanding shares of Silota Research and Development, Inc., a blockchain technology start-up that Victory Square founded. The company will also provide a convertible note of $60,000 to mark the successful incubation of Silota and support the launch of the Covalent Terminal, a data analytics suite intended to maximize transparency and accountability in cryptocurrency and token offerings. "The Covalent Terminal is going to bring breadth and coverage of blockchain data to crypto investors, traders, and regulators akin to…

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TuesdayMay 15, 2018 9:46 am

NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Increases Footprint in Western Canada with Eight Additional Retail Opportunities

British Columbia-based cannabis cultivation firm Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that it has secured the rights to an additional eight retail locations in Alberta, increasing its total to 17 applications in the approval process with the Alberta Gaming and Liquor Commission (“AGLC”). “Our goal is to secure significant market share where private cannabis retail stores are permitted. Increasing our footprint in Western Canada naturally strengthens our reach to consumers,” Chris Bogart, president and CEO of Choom, stated in the news release. “With the coming recreational cannabis market, ensuring an elevated customer experience and positive initial…

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TuesdayMay 15, 2018 9:25 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) Receives Supplemental License from Health Canada to Produce Cannabis Oils

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) this morning announced that as of April 20, 2018, it has been granted a supplemental license from Health Canada to produce cannabis oils. Using a supercritical CO2 extraction system, the company produces its ultra-pure, environmentally friendly, organic cannabis oils. This extraction system is capable of processing up to 6,600 kg of cannabis oil per year. “This license is instrumental in driving our research & development forward through product innovation, discovery of novel traits, and expanding our intellectual property portfolio. With over 125 years of consumer packaged goods experience,…

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TuesdayMay 15, 2018 9:14 am

NetworkNewsBreaks – FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRA: TQ42) Applauds Supreme Court’s Decision to Let States Legalize Sports Gambling

Fan-focused entertainment company FANDOM SPORTS Media Corp. (CSE: FDM) (OTC: FDMSF) (FRANKFURT: TQ42) this morning issued a news release applauding the U.S. Supreme Court’s decision to strike down the Professional and Amateur Sports Protection Act of 1992. As FANDOM SPORTS notes in the release, “By setting an important precedent for states to now decide whether they want to regulate and legalize sports-related gambling, fans will now have a giant obstacle to their ultimate engagement removed.” Notably, FANDOM SPORTS is well positioned to capitalize on this potential market opportunity. Its innovative, interactive sports entertainment solutions could play a role in safeguarding…

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MondayMay 14, 2018 3:11 pm

NetworkNewsBreaks – Earth Science Tech, Inc. (ETST) Positioned for Licensed Distribution of Products in Growing Canadian Marketplace

With a strong team in place, Earth Science Tech, Inc. (OTC: ETST) is well on its way to becoming a licensed distributor and bringing its products to the Canadian marketplace. Discussing the company’s strong team and positioning in the sector, ETST CEO and CSO Dr. Michel Aube stated in a news release, “We have all of the knowledge, experience and proficiency that we need to bring our products to the marketplace and become a licensed distributor of drugs and controlled substances in Canada, as announced earlier this year.” An article discussing the company reads: “The company has already received a…

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MondayMay 14, 2018 3:00 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Awaiting Patent for Promising DehydraTECH Transdermal CBD Application

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) continues to add numerous U.S. and Australian patents to its existing portfolio. Among these is the company’s recent filing for a new transdermal application of cannabidiol (CBD) that followed successful laboratory evaluation of DehydraTECH delivery results. An article discussing the company reads: "LXRP is a British Columbia-based, cannabis-focused food bioscience company, and it is a technology disrupter for edible cannabinoids. Its DehydraTECH technology aids in the body’s absorption of cannabinoids. ... The company’s most recent patent filing follows successful laboratory evaluation of DehydraTECH in the transdermal delivery of cannabidiol (CBD). Results showed an…

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MondayMay 14, 2018 12:43 pm

NetworkNewsBreaks – ARCA Biopharma, Inc. (NASDAQ: ABIO) Posts Q1 Financial Results, Pipeline Progress; Presenting Clinical Trial Results at Heart Failure 2018 World Congress

ARCA biopharma (NASDAQ: ABIO), a biopharmaceutical company applying a precision medicine approach to developing genetically-targeted therapies for cardiovascular diseases, recently reported financial results for the quarter ended March 31, 2018, as well as an update regarding its lead product candidate, Gencaro™. Among other highlights, the company reported ending the quarter with cash, cash equivalents and marketable securities of $12.1 million, compared to $11.8 million as of December 31, 2017. The company has scheduled an end-of-phase 2 meeting with the U.S.  Food and Drug Administration (“FDA”) for the last week of June to review data from the GENETIC-AF clinical trial and…

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MondayMay 14, 2018 11:16 am

NetworkNewsBreaks – Xanthic Biopharma Inc. (CSE: xTHC) Inks LOI with Nutritional High International Inc. (CSE: EAT) (OTCQB: SPLIF) for Production, Distribution of CBD-infused Powders

Xanthic Biopharma (CSE: xTHC) recently announced that it has entered into a binding Letter of Intent ("LOI") with Nutritional High International (CSE: EAT) (OTCQB: SPLIF) for the production and distribution of Xanthic branded water-soluble cannabis-infused powders in California. Per the agreement, Nutritional High's Californian subsidiaries, Pasa Verde and Calyx, will distribute Xanthic's cannabis-infused powder products. "The Xanthic team is thrilled to advance our strategic relationship with Nutritional High in California. By utilizing the Nutritional High's vertically integrated network, Xanthic will be able to exploit the significant market opportunity represented by the state of California. This new agreement provides value to…

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MondayMay 14, 2018 11:02 am

NetworkNewsBreaks – American Resources Corporation (AREC) Obtains Additional Mining Equipment Aimed at Increasing Production

Diversified energy services company American Resources Corporation (OTC: AREC), through wholly owned subsidiary Quest Energy Inc., last week announced that it has secured additional key pieces of underground mining equipment that will allow the company to expand its existing coal production at several select mining operations. Per the update, this equipment includes continuous miners, shuttle cars and other support equipment. “We are very pleased to have obtained this equipment to allow us to increase production at our Deane Mining and McCoy Elkhorn subsidiaries,” Mark Jensen, CEO of American Resources Corporation, stated in the news release. “Our team has worked hard…

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MondayMay 14, 2018 10:21 am

NetworkNewsBreaks – Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) Secures Seasoned Industry Expert; Provides Update

Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) this morning reported that it has engaged Peter Ehren, an experienced industry expert in evaporative processes for lithium production. Ehren's responsibilities will include completing the evaporation ponds system in a way that is compatible with the Pastos Grandes project brine chemistry, overseeing the computer modelling of the ponds and designing and monitoring the further development of the on-site large-scale evaporation trials project. The company also provided an update regarding the progress on its technical programs. Among other highlights, the company has initiated exploration and development activities on the REMSA ground including…

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