NewsRoom Articles - Page 1012 of 1414

WednesdaySep 12, 2018 1:01 pm

Youngevity International, Inc. (NASDAQ: YGYI) Eyes Rapid Expansion as it Scales Up in Coffee and Cannabis

Enters $7.7 billion cannabis market with HempFX™ brand Signs $250 million contract to supply 41 million pounds of green coffee annually International expansion underway; direct marketers derive 50-75 percent of revenues from outside the U.S. With ventures in coffee and cannabis, Youngevity International, Inc. (NASDAQ: YGYI) is set for a scalability that is already impacting its financial performance. Over the past six years, the company has enjoyed a CAGR of over 40 percent, with revenues rising from $22 million in 2011 to $166 million in 2017. Now, that growth trend has been strengthened; with the launch of its HempFX™ brand,…

WednesdaySep 12, 2018 12:21 pm

Medical Cannabis Payment Solutions’ (REFG) Platform Pays Cannabis Dispensaries Directly from Customers’ Bank Accounts

Legal environment for cannabis businesses remains uncertain Main Street banks and big tech avoid the cannabis space Leaving opportunities for fintech companies Reluctance by Main Street banks to provide traditional banking services to cannabis establishments has provided a cornucopia of commercial fare and opportunity for financial technology companies like Medical Cannabis Payment Solutions (OTC: REFG). The company is now offering ‘Green’, a FinCEN-compliant payment processing system for state-licensed cannabis establishments. Through the Green platform, patients are able to link their bank accounts and debit those accounts to purchase cannabis. Presently, most cannabis dispensaries are unable to obtain payment processing services…

WednesdaySep 12, 2018 11:51 am

For Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), Proof of its Revolutionary Tech is in the Asphalt

Petrotech ramping up oil extraction in Utah through proprietary technology that could put it in industry-leading position Company expects full extraction level to show tech’s capability to clean oil sands in zero-harm loop that boosts environment, industry profits Petroteq plans to begin proof of concept with 1,000 bpd production in Q3, boost to 8,000 bpd by 2020 in region with nation’s largest oil sand deposits For oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF), the proof of its new nature-loving extraction technology is in the oil sand “asphalt” that it is beginning to harvest in…

WednesdaySep 12, 2018 11:23 am

BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) Delivers Single-Source Accountability in the Cannabis Market

BLOCKStrain is poised to lead the charge in providing accountability and transparency in the multibillion-dollar global cannabis market BLOCKStrain’s solution will help protect the intellectual property of cannabis cultivators – a service greatly needed in the burgeoning industry Pioneering into new market frontiers brings the need for innovation and regulation, and BLOCKStrain Technology Corp. (TSX.V: DNAX) (OTC: BKKSF) addresses one of the newest and hottest industries in the marketplace – cannabis. BLOCKStrain, a full-service software company, stands out in the market as the developer of the very first integrated blockchain platform designed to register and track cannabis intellectual property from…

WednesdaySep 12, 2018 11:02 am

Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) to Extend Drilling Depth at Ollague Property

Promising results from the first four exploration holes at Ollague Property have encouraged additional exploration scheduled to begin in September 2018 The fifth Ollague hole will increase the exploration depth from the current 250 meters to 500 meters The new development is coming amid growing demand for lithium and projections for an increase in lithium prices by 2021 Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF), the largest private owner of lithium-rich land in Chile, has been approved for a fifth hole at its Ollague Property, extending the drilling depth from the current 250 meters to 500 meters. The decision is…

WednesdaySep 12, 2018 9:00 am

Gambling and Tech Companies Charge into American Sports Betting Market

NetworkNewsWire Editorial Coverage: A recent change in United States law has led to a gold rush in the gaming industry as numerous companies scramble to set up sports gambling operations. The U.S. Supreme Court’s overruling of 1992 gambling legislation essentially makes sports betting widely legal throughout the country. Casinos are moving to make the most of this by opening sports books. Technology companies are also exploring possible revenue avenues through online gambling apps. The United States is set to see a $3–$5 billion take in the global sports betting market within a few years — a market already worth an…

TuesdaySep 11, 2018 11:38 am

CytoDyn Inc.’s (CYDY) New HIV Treatment Could Bring a Paradigm Shift in HIV Therapy

PRO 140 requires one dose a week, rather than daily pills Treatment has shown hardly any side-effects in clinical trials, while current HIV therapies may cause mild to severe side-effects CytoDyn’s treatment is simple for patients to administer with hardly any toxicity Significant advantages of PRO 140, CytoDyn Inc.’s (OTCQB: CYDY) viral-entry inhibitor, over drugs currently used in HIV treatment therapies have been reported, namely showing little if any toxicity or side-effects in treated patients to date, ease of administration (once weekly dosing) and a lack of HIV resistance developing to the treatment. Although there are several promising HIV therapies…

TuesdaySep 11, 2018 11:07 am

Net Element, Inc. (NASDAQ: NETE) Riding Crest of Rising Revenues in North America, Restructuring International Operations

Net Element subsidiary Netevia processed $1.62 billion in transactions during first half of 2018, with $1.4 billion occurring in North America Company’s PayOnline subsidiary part of reorganization involving international business, mobile payments solutions Net revenues rose 15 percent during the first half of the year, with gross profits expected to rise another $6.5 million during the next four years Payment processing technology company Net Element, Inc. (NASDAQ: NETE) is seeing rising revenues from its North American market and is weighing options for monetizing mobile operations on a global scale through its agent contracts, while additional value-added efforts have branded it…

TuesdaySep 11, 2018 10:34 am

The 101 Guide to Quadrant

Quadrant is a blockchain protocol designed to solve the problem of data sourcing and organization. The platform collects data from disparate sources, organizes them and creates new data products from these sources that users can easily purchase. Data from the Quadrant network is stamped using a SHA256 algorithm to ensure that users can check its authenticity. The platform, founded by Mike Davie, has successfully completed its private token sale in which almost $15 million was raised, as well as its public sale which ended on July 2018. Quadrant will utilize its digital asset known as the QUAD for distribution of…

TuesdaySep 11, 2018 10:25 am

The Rise and Rise of Cryptojacking: What You Need to Know

You’ve probably heard of cryptojacking by now, otherwise known as illicit cryptocurrency mining. But oftentimes, we think that cybercrime affects large companies or that hackers only target important or affluent people. But here’s the thing about cryptojacking: it doesn’t discriminate on social or economic grounds. According to a study by Switchfast Technologies, small companies are actually a higher target for hackers. In contrast to common misconceptions, as long as they can make money, any company–or individual–is ripe for the taking. The absence of dedicated security personnel makes it easier for hackers to infect devices with malware, phishing, ransomware, or crypto…

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