NetworkNewsBreaks

FridayApr 12, 2019 11:57 am

NetworkNewsBreaks – Chiasma, Inc. (NASDAQ: CHMA) Closes $34.5M Offering Including Full Exercise of Underwriters’ Option

Chiasma (NASDAQ: CHMA), a clinical-stage biopharmaceutical company focused on improving the lives of patients with rare and serious chronic diseases, recently announced the closing of its underwritten public offering of 7,263,158 shares of its common stock at a price to the public of $4.75 each. The shares include 947,368 additional shares of common stock that were sold pursuant to the over-allotment option granted by the company to the underwriters, which was exercised in full. Chiasma received total gross proceeds of approximately $34.5 million, which the company intends to use primarily toward development costs, including the conduct of its ongoing phase…

Continue Reading

FridayApr 12, 2019 10:16 am

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) to Participate in Multiple Conferences in April

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced that it will be attending various capital markets conferences throughout April. On April 16, the company’s CEO Navdeep Dhaliwal will be presenting and attending 1-on-1 meetings at the GMP Securities' Cannabis Conference taking place in Toronto, ON. On April 17, Dhaliwal will attend 1-on-1 meetings at the Jefferies' Cannabis Summit in New York, NY. Concurrently, on April 17, the company’s VP Corporate Development, Scott Walters, is set to participate in a panel discussion titled, "LPs Navigate the Quickly-Changing Canadian Market" at the Benzinga's Cannabis Capital Conference in Toronto,…

Continue Reading

FridayApr 12, 2019 9:27 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses 10k Filing on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally syndicated and covers money-focused topics, featuring in-depth interviews from various company CEOs and executives offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program and discussed the company’s recent 10k filing. “Everything's heading in the right direction,” SinglePoint CEO Greg Lambrecht stated in the interview. “As we stated in the 10k, we went from $250,000 in revenue in 2017 to over $1,000,000 in 2018, almost a 340% increase. We expect the…

Continue Reading

ThursdayApr 11, 2019 12:50 pm

NetworkNewsBreaks – Supreme Cannabis Company Inc.’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES Subsidiary Enlarges Facility Space, Raises Production Capacity

Supreme Cannabis Company’s (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) 7ACRES subsidiary is expanding its cultivation facility space. The expansion is set to increase its production capacity by 50%, reaching approximately 26,250 kg. A recent article discussing the company reads, “The Supreme Cannabis Company anticipates reaching multiple milestones this year. As of March 2019, the company has amassed growing room space of 180,000 square feet at its 7ACRES cultivation facility. This growth will enable production capacity to increase by 50%, reaching approximately 26,250 kg (http://nnw.fm/TfD1t). Additionally, supply agreements are in place throughout eight Canadian provinces. As such, the company’s target goals…

Continue Reading

ThursdayApr 11, 2019 12:08 pm

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) CEO to Speak at the 13th Annual Global Dairy Congress

Nightfood Holdings (OTCQB: NGTF) this morning announced Sean Folkson, the company’s CEO, has been invited to speak at the 13th Annual Global Dairy Congress. The event will take place at the Myriad by Sana hotel in Lisbon, Portugal, from June 25 to 27, 2019. “It’s an honor to be invited as a guest speaker at such a prestigious global industry conference at this very early stage in our brand life-cycle,” Nightfood Holdings CEO Sean Folkson stated in the news release. “Zenith’s confidence that what we’re doing is worthy of such an audience reinforces our belief in our mission.  I look…

Continue Reading

ThursdayApr 11, 2019 11:52 am

NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) to Tackle Cannabis-Edible, Beverage Markets

Vertically integrated cannabis company City View Green Holdings (CSE: CVGR) is following its plan to enter the cannabis-edible and beverage markets. The company just entered into a partnership with a leading Jamaican Blue Mountain coffee company. A recent article discussing the partnership reads, “City View Green has entered into a partnership with Blue Bean Coffee Ltd., a global representative of the leading Jamaican Blue Mountain coffee farms (http://nnw.fm/r80KS). Coffee has the potential to play a large role in the edible and consumable cannabis space, and CVGR wanted to partner with Blue Bean Coffee because of the company’s focus on delivering…

Continue Reading

ThursdayApr 11, 2019 10:53 am

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Enters Supply Contract with Hempistry, Inc.

Major supplier to the growing hydroponic cultivation sector Sugarmade (OTCQB: SGMD) this morning announced its entry into a supply contract with Hempistry, Inc., as the Kentucky-based hemp cultivator acquires supplies for its hemp micropropagation operation. Per the update, Sugarmade expects the supply relationship to be ongoing as Hempistry expands both domestic and international operations. “With at least 42,000 acres of hemp expected to be planted in Kentucky and considering an average plant density per acre of well over 1,000, farmers in Kentucky will need hundreds of millions of clones over the coming years,” Sugarmade CEO and Hempistry Director Jimmy Chan…

Continue Reading

ThursdayApr 11, 2019 10:43 am

NetworkNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Appoints Industry Expert as Chief Cannabis Officer

Chemistree Technology (CSE: CHM) (OTCQB: CHMJF) this morning announced its appointment of Sheldon Aberman to the newly-created position of chief cannabis officer. According to the update, Aberman is one of the world's foremost experts on commercial cannabis cultivation, with expertise, a hands-on approach and product development background as well as decades of experience managing and designing thousands of grows worldwide. “Sheldon is not only a Chemistree Director, but also one of the founders of Chemistree. He has been integral to the Company, overseeing our investment in Washington State, the expansion of our Sugarleaf brand, and the successful receipt of the…

Continue Reading

ThursdayApr 11, 2019 9:54 am

NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Appoints Cannabis Industry Expert to Advisory Board

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its appointment of Harborside’s wholesale and distribution manager Dani Walton to its board of advisors. For more than 10 years, Walton has traveled the world with the Harborside executive team, promoting the positive impacts of the cannabis plant. Harborside is considered to be California’s largest medical cannabis dispensary and a model for the U.S. Dani is a cannabis industry leader, well versed in the latest consumer trends, new brands, products, and the evolving science of cannabis medicine, and has been featured in Forbes,…

Continue Reading

ThursdayApr 11, 2019 9:48 am

NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Announces LOI to Acquire City Cannabis Corp.

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) on Tuesday announced its entry into a non-binding letter of intent (“LOI”), dated April 3, 2019, to acquire City Cannabis Corp. in exchange for common shares of Wildflower. City Cannabis is a British Columbia-based premier licensed cannabis retailer that holds two of the three City of Vancouver licenses to sell cannabis, and is the only company in the province of British Columbia with multiple licenses. Following receipt of tax, corporate and securities law advice, the parties will determine the final structure of the acquisition. “City Cannabis and Wildflower are the perfect combination of premier…

Continue Reading