NetworkNewsBreaks

MondayFeb 12, 2018 10:21 am

NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Refinement of Lithium Extraction Process

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the adsorption rate of its lithium extraction nanofiltration process has been increased from 20mg/g (milligram of lithium per gram of adsorption reagent) to an optimized rate of 40mg/g. Per the update, this reflects a significant cost-cutting breakthrough, as reagents account for the single largest cost in the company’s lithium extraction process. In addition to reducing reagent use and the direct cost of lithium chloride recovery from brine, reagent depletion in the lithium nanofilter has now been reduced to less than one percent…

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MondayFeb 12, 2018 9:51 am

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Issues Corporate Update

Vancouver-based biopharmaceutical company Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) this morning issued a corporate update detailing its recent activity. Per the release, the company has had a “very active” start to the current calendar year, with its management team working to build a “differentiated” company in the cannabis sector by focusing on improving the cannabis consumer experience with scientifically-derived products. Pivot’s notable corporate highlights include its proposed acquisitions of ERS Holdings, LLC and Thrudermic, LLC; its ongoing product development efforts; its growing IP portfolio; its termination of a previously announced standstill agreement; out-licensing of its IP; and its engagement of an…

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MondayFeb 12, 2018 9:18 am

NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Releases Unaudited Financial Statements for FY2017

PotNetwork Holding, Inc. (OTC: POTN) this morning announced the release of its unaudited financial statements for fiscal year 2017. Owing to the rapid growth of its wholly-owned Diamond CBD, Inc. subsidiary, PotNetwork achieved revenues of $14.5 million in calendar 2017. Per the update, this trend of strong sales has continued into 2018, and the company intends to report its January sales figures by mid-February. PotNetwork also provided an update regarding its ongoing PCAOB audit in this morning’s news release. Due to factors beyond the company’s control, the audit has taken longer than originally projected. In an effort to combat these…

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FridayFeb 09, 2018 1:50 pm

NetworkNewsBreaks – Skinvisible, Inc. (SKVI) Takes Aim at PTSD-related Suicides through Quoin Partnership

Skinvisible, Inc. (OTCQB: SKVI) is working toward developing a transdermal treatment for post-traumatic stress disorder through its patented Invisicare® technology that could address the devastating number of veteran suicides that occur throughout the country. The company’s proposed merger with Quoin Pharmaceuticals would direct Skinvisible’s drug delivery capacity to boost the bioavailability of Quoin’s promising pharmaceuticals. An article discussing this reads: “Skinvisible, through its wholly owned subsidiary Skinvisible Pharmaceuticals, Inc., has already developed, licensed and sold multiple dermatology and health care products, as well as various medical treatments, using its patented Invisicare® technology. … Quoin’s two lead products are targeting crises…

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FridayFeb 09, 2018 1:22 pm

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Exploring Lithium Extraction Potential of Arkansas Brine Fields

Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) is exploring the potential of extracting battery-grade lithium for the modern tech fuel market from brine fields in the large production-ready Smackover Formation that stretches across Southern Arkansas and neighboring states. The demand for lithium is expected to skyrocket over the next eight years, particularly in conjunction with growing demand for electric vehicles. An article discussing this reads: “Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) actively seeks to reduce political, permitting and technology risks, all while positioning itself as a leader in the production of lithium. The company works…

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FridayFeb 09, 2018 12:50 pm

NetworkNewsBreaks – Pivot Pharmaceuticals Inc. (PVOTF) Working on Delivery of Smokeless Cannabinoid Options

Pivot Pharmaceuticals Inc. (OTCQB: PVOTF) is focused on providing the health care marketplace with nutraceutical and pharmaceutical options for treating certain unmet needs. That extends to the medical cannabis industry, where the lack of a robust smokeless delivery system has troubled cannabinoid producers. An article discussing this reads: "Transdermal delivery provides the benefit of enabling patients to access a steady stream of medication over a prolonged period with fewer side effects. Pivot Pharmaceutical’s newly created subsidiary, Pivot Green Stream Health Solutions Inc. (“Pivot Green Stream”), will focus on improving the bioavailability of cannabinoid-based and pharmaceuticals. BiPhasix™ has been tested in…

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FridayFeb 09, 2018 11:47 am

NetworkNewsBreaks – PotNetwork Holding Inc. (POTN) Sales Drive Optimistic Share Price Target

PotNetwork Holding Inc. (OTC: POTN) has reported favorable monthly sales data and a strong quarterly filing in its drive to produce high-grade CBD for use in oils, tinctures, edibles and vape liquids. This performance is, in turn, generating forecasts for a heightened share price. The holding company for a number of subsidiaries in the hemp-extract medical cannabis industry, PotNetwork has been named 'One of Five Notable CBD Revolution Industry Leaders' by media outlet The Huffington Post. An article discussing this reads: "A recent comprehensive report by SeeThruEquity highlighting PotNetwork Holding Inc. (OTC: POTN) and its subsidiary, Diamond CBD, projected a…

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FridayFeb 09, 2018 9:37 am

NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. Secures Financing Boost for Cannabis Facilities Expansion

Ultra-low cost organic cannabis producer The Green Organic Dutchman Holdings Ltd., also known as TGOD, has benefited from strategic investments by marijuana industry powerhouse Aurora Cannabis Inc. (OTCQX: ACBFF) (TSX: ACB) and other private placement financing, with its total financing climbing to $160 million. The Aurora investment in TGOD is accompanied by a supply agreement providing Aurora the right to purchase up to 20 percent of TGOD’s annual production of organic cannabis, and TGOD will receive additional services from Aurora and its subsidiary, Aurora Larssen Projects Inc. ("ALPS"). An article discussing this reads: “The investment fully funds the expansion of…

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FridayFeb 09, 2018 9:20 am

NetworkNewsBreaks – PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) Advancing Work on Novel Delivery for Cannabinoid Therapies

A partnership between health sciences company PreveCeutical Medical Inc. (CSE: PREV) (OTCQB: PRVCF) (FSE: 18H) and Australia’s UniQuest Pty Limited aimed at furthering research and development of a soluble gel is working toward a novel means of delivering cannabinoids to the central nervous system directly from the nasal cavity in order to treat pain, inflammation, seizures and neurological disorders. The partnership is taking advantage of the growing legalization of medical marijuana throughout the world amid increasing evidence of cannabinoids’ benefits. An article discussing this reads: “The global nasal drug delivery technology market is projected to reach $64 billion by 2021, expanding…

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ThursdayFeb 08, 2018 11:37 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) President Featured in Article Discussing Treasury Secretary’s Recent Cannabis Banking Comments

SinglePoint, Inc. (OTCQB: SING) President Wil Ralston was featured in an article posted earlier this week by Green Market Report examining Treasury Secretary Steve Mnuchin’s recent comments regarding the bankability of the cannabis industry. In an appearance before the House Financial Services Committee related to the Financial Stability Oversight Council’s (FSOC) annual report, Mnuchin stated, “We do want to find a solution to make sure that businesses that have large access to cash have a way to get them into a depository institution for it to be safe.” In response to this comment, Ralston stated, “This is a great step…

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