NetworkNewsBreaks

TuesdayJun 04, 2019 12:45 pm

NetworkNewsBreaks – HempFusion Engages RADD Capital for Advisory Services Related to $30M Funding Initiative

Leading hemp-based CBD company HempFusion this morning announced its engagement of RADD Capital for advisory services related to its 2019 private funding initiative, which is valued in excess of $30 million. RADD Capital has a proven track record in the hemp and cannabis industries, having previously led private financings and initial public offerings for Organigram, Emblem Corp., The Green Organic Dutchman and PLUS Products. Additionally, RADD Capital led a separate $6 million investment into HempFusion earlier this year. Per the update, HempFusion launched its current funding initiative as part of its plan to diversify its product offerings, launch a revamped…

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TuesdayJun 04, 2019 12:05 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Over $421K in Direct Solar Secured Contracts Since Acquisition

Technology and investment company SinglePoint (OTCQB: SING) today announced that, since completion of the acquisition, Direct Solar has secured $421,808 in solar installation contracts. According to the update, SinglePoint expects most of Direct Solar-driven revenue to be recorded on third quarter financial statements. “We are very pleased with the performance of Direct Solar and their entire team,” SinglePoint President Wil Ralston said in the news release. “Since closing the acquisition they have really outperformed everyone’s initial expectation. The goal was $1,000,000 a month after 90 days and it would appear, we are going to hit that sooner than anticipated. In…

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TuesdayJun 04, 2019 11:55 am

NetworkNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Chief Science Officer Featured in Investorideas.com Interview

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) this morning announced that its Chief Science Officer Dr. Arup Sen was featured in an interview in a special edition of Investorideas.com potcasts. Investorideas.com is a global news source covering leading sectors including cannabis. In the interview, Dr. Sen discusses Sproutly's recent developments and the company’s approach in the Canadian cannabis beverages market expected to open up this fall. “We will be pretty much standing alone in the field of making beverages that will include natural chemicals in their natural state from cannabis and hemp plants,” Sproutly CSO Dr. Arup Sen said…

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TuesdayJun 04, 2019 11:01 am

NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Expands MSO Presence Through Agreement to Acquire Spring Oaks

Lifestyle-oriented cannabis company Green Growth Brands (CSE: GGB) (OTCQB: GGBXF) today announced that it has entered an arm's length definitive agreement to acquire all of the issued and outstanding shares of capital stock of Spring Oaks Greenhouses, Inc. Per the update, Spring Oaks holds a medical marijuana dispensary license, received in April 2019, and authorization to operate as a Medical Marijuana Treatment Center in the state of Florida. Under the license, Spring Oaks is authorized to initiate production, processing and dispensing of medical marijuana and marijuana products. In addition, the medical marijuana dispensary license grants the right, but not the…

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TuesdayJun 04, 2019 10:49 am

NetworkNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: INNPF) (FRA: 71P) to Present Live at VirtualInvestorConferences.com on June 4

Innovative Properties Inc. d/b/a Nabis Holdings (CSE:NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, this morning announced that its CEO and Director Shay Shnet and President Mark Krytiuk will present live at the VirtualInvestorConferences.com at 3:00 PM ET on Tuesday, June 4, 2019. The live, interactive event will allow investors to ask the company questions in real-time. It is recommended that investors pre-register at http://nnw.fm/z1sKN  and run the online system check to expedite participation and receive event updates. An archived webcast will be available after the event…

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TuesdayJun 04, 2019 10:10 am

NetworkNewsBreaks – Siyata Mobile Inc.’s (TSX.V: SIM) (OTCQX: SYATF) Uniden UV350 4G/LTE In-Vehicle Device is FirstNet Ready

Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) this morning announced that its Uniden UV350 in-vehicle mounted phablet is FirstNet Ready(TM), making it tested and approved for use with services on the FirstNet communications platform. Per the update, FirstNet is designed for first responders and those critical to emergency response and is built with AT&T in a public-private partnership with the First Responder Network Authority (FirstNet Authority), an independent agency within the federal government. “FirstNet devices and modules go through extensive review, so First Responders can be confident that Siyata’s UV350 meets the highest…

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TuesdayJun 04, 2019 9:42 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Files Patents for New DehydraTECH Innovation

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that it has identified improved performance features of a new version of the DehydraTECH(TM) delivery platform primarily suitable for use in solid oral dosage forms like capsules, tablets and pills for the pharmaceutical, medical, and supplement markets. The company’s groundbreaking use of a naturally sourced formulation enhancement more than doubles DehydraTECH's absorption performance compared to prior results. During the company’s animal study, Lexaria tested its DehydraTECH delivery technology with compounds postulated to behave in a synergistic fashion for enhancement of gastro-intestinal absorption, which resulted…

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MondayJun 03, 2019 2:01 pm

NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Proprietary, AI-Powered Underwriting Solution with Predictive Scoring

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced that it has launched Blade, its proprietary, fully-automated underwriting solution with predictive scoring powered by artificial intelligence (“AI”). Per the update, Blade is a software designed to reduce potential risks and decision-making time for the underwriting and on-boarding of new merchants while improving the customer experience. The system works by using proprietary algorithms to compile and analyze data points that are automatically evaluated in accordance with pre-set and dynamic parameters. “AI and machine learning are quickly becoming valuable tools for decision making in the payments ecosystem, particularly in…

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MondayJun 03, 2019 12:39 pm

NetworkNewsBreaks – Imaging3, Inc. (IGNG) Provides Update on Reverse Acquisition by Grapefruit Boulevard Investments

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, recently provided further updates regarding its reverse acquisition by Grapefruit Boulevard Investments, Inc. (“GBI”), a Los Angeles-based privately held cannabis company, and simultaneous vending of its imaging business into a privately held corporation, which will be partially owned by post-acquisition IGNG. Per the update, the California Bureau of Cannabis Control approved Grapefruit, on May 14, 2019, for its provisional Adult-Use and Medicinal Cannabis Distribution Licensure after meeting state mandated compliance requirements. “Grapefruit has effectively moved from temporary licensure passing yet another…

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MondayJun 03, 2019 12:29 pm

NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Participation at Select June Conferences

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select conferences throughout the month of June. The company’s President and Founder John Fowler, General Counsel Sony Gokhale and VP of Sales Craig Young will participate in panel discussions at the Lift&Co. Toronto Expo in Toronto, Ontario on June 6, 7 and 8, 2019. In addition, 7ACRES will showcase at Expo Consumer Weekend, booth 1115, on June 8, 2019. John Fowler will also participate in a panel discussion at World Cannabis Congress in Saint John, New Brunswick on June 17, 2019, as well as present…

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