NewsRoom Articles - Page 1143 of 1411

WednesdayFeb 21, 2018 11:47 am

Medical Cannabis Payment Solutions (REFG) Helps Fill State Coffers

States that legalize medical cannabis reaping large tax windfalls State-sanctioned cannabis businesses forced into cash-only operation due to federal banking impasse REFG resolves cannabis banking and operational issues, generating more state tax revenues Current regulatory anxiety surrounding cannabis will have little impact on the long-term growth of the industry. Evermore states continue to relax marijuana strictures not only in response to citizen demand but also to generate tax revenues. There’s overwhelming scientific evidence validating the medical efficacy of certain cannabinoids, and states that have legalized marijuana in various forms are finding that cannabis cash is filling state coffers. In 2016,…

WednesdayFeb 21, 2018 11:16 am

Petroteq Energy’s (TSX.V: PQE) (OTCQX: PQEFF) Blockchain Platform Taking Sharing Economy to Oil & Gas Industry

Blockchain technology may find widespread application in oil and gas industry Replacing intermediaries with blockchain technology Reducing transaction costs in oil and gas Although most closely associated with bitcoin and cryptocurrencies, blockchain technology is finding its way into a wide range of industries and applications. Under development in fields as diverse as stock trading, land title registration, smart contracts, the sharing economy and supply chain logistics, the technology’s disruptive potential is being compared to that of the internet itself. As an example of the seismic shifts it may precipitate, a Forbes feature speculates on the reasons ‘Why Blockchain Could Kill…

WednesdayFeb 21, 2018 9:00 am

Five Blockchain Companies to Watch in 2018

NetworkNewsWire Editorial Coverage: Blockchain technology and cryptocurrency unarguably have the potential to alter the future of money, finance, transportation and national security. While an increasing number of blockchain plays wind their way through the investment community, Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) (VSQTF Profile) is demonstrating a particular measure of blockchain innovation potential in a wide range of industries, including payment processing, mobile gaming, and more. Other companies seizing territory in the blockchain technology space include tech-giant IBM (NYSE: IBM), Walmart (NYSE: WMT), Visa (NYSE: V) and Hive BlockChain Technologies (TSX:HIVE.V) (OTC: HVBTF). Why…

WednesdayFeb 21, 2018 9:00 am

A New Breakthrough in Cannabinoid Drug Delivery

NetworkNewsWire Editorial Coverage: Modern science has substantiated both the anecdotal history and the efficacy of cannabidiol (“CBD”), a non-psychoactive compound found in the cannabis sativa plant. Research has revealed that CBD may significantly reduce inflammation and is now widely used to treat chronic pain, multiple sclerosis and fibromyalgia, epilepsy, and numerous other conditions. There is even evidence that CBD has potential to prevent symptoms of Alzheimer's and appears to suppress the growth of cancer cells and promote the death of these cells (http://nnw.fm/S6cXu). While CBD may provide solutions to multiple unmet medical needs, current drug delivery techniques remain antiquated. There…

TuesdayFeb 20, 2018 4:13 pm

EVIO, Inc. (EVIO) Strengthens Position as Leading Research and Testing Provider for Cannabis Industry

EVIO is the leading accredited provider of analytical services for the cannabis industry Increase in year-on-year revenue of 438 percent from 2016 to 2017 Financing of almost $6 million will fund expansion from nine to 18 labs by the end of 2018 In January 2018, life sciences company and leading provider of accredited cannabis analysis and consulting services EVIO, Inc. (OTCQB: EVIO) announced its financial results for the fiscal year ended September 30, 2017. The company generated approximately $3 million in revenue, representing a year-on-year increase of an impressive 438 percent. Currently, EVIO has nine laboratories located in five states,…

TuesdayFeb 20, 2018 3:33 pm

IEG Holdings Corp. (IEGH) Aims to Back Cryptocurrency Technologies with Gold

IEG Holdings Corp. provides small personal online loans of up to $10,000 IEGH subsidiary Mr. Amazing Loans offers rates up to 13-times lower than typical APR IEG Holdings Corp. intends to create metal-backed cryptocurrency Based in Las Vegas, IEG Holdings Corp. (OTCQB: IEGH) provides small online personal loans in over 20 states within the U.S. This publicly traded company is a global leader in consumer financing, providing these loans through a state-licenced operating subsidiary known as Investment Evolution Corporation under the consumer brand Mr. Amazing Loans. As a leading fintech brand, Mr. Amazing Loans specializes in dedicated loan amounts of…

TuesdayFeb 20, 2018 2:49 pm

Global Payout, Inc. (GOHE) Names Bill Rochfort as SecurCapital Corp. President and EVP Sales

James Hancock, CEO of Global Payout, lauds the SecurCloud Platform offered by company’s SecurCapital subsidiary Rochfort announces SecurCapital’s participation in global fintech and blockchain conferences to demonstrate platform’s ranging capabilities Key to SecurCapital’s performance is its disruptive ‘banking in a box’ cloud-based finance solutions platform Global Payout, Inc. (OTC: GOHE) has named Bill Rochfort as the new president and EVP sales at SecurCapital Corp., its newly-formed subsidiary (http://nnw.fm/J1Yuf). SecurCapital Corp. is a supply chain finance company offering both working capital and premier payment solutions for the logistics industry. Its SecurCloud Platform offers an integrated solution for global payments through a…

TuesdayFeb 20, 2018 12:04 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) is “One to Watch”

Building the world’s largest pure-play cobalt exploration company with interests in historic Canadian Cobalt Camp Recently completed 3-way merger with Cobalt One Ltd. and CobalTech Mining Inc., which created a consolidated camp of more than 10,000 hectares containing 50 past cobalt/silver producers and working mines $100 million in existing infrastructure includes only permitted cobalt refinery in North America capable of producing battery material Lithium-ion battery market, buoyed by surge in electric vehicle market, expected to reach USD $68 billion by end of 2022 $30 million in financing closed December 21, 2017 First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), with headquarters…

TuesdayFeb 20, 2018 12:03 pm

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) is “One to Watch”

Two applications for Health Canada ACMPR license in detailed review stage; one in the detailed review stage and one application in readiness stage Canadian recreational market projected to surge to over $8 billion by 2021 Two growing facilities undergoing state-of-the-art retrofit have potential to generate CDN$16 million in revenue, excluding cannabis oils Choom™ Retail Stores and Retail Store partner program to offer high-quality, premium branded retail cannabis dispensaries and the opportunity for individual investor store ownership across Canada Choom Holdings Inc. (OTCQB: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a…

TuesdayFeb 20, 2018 12:02 pm

Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) is “One to Watch”

Vertically-integrated cannabis company with two late-stage ACMPR licenses in portfolio Strategic investments focus on proven, revenue-generating cannabis-related businesses Liberty Leaf is included in the Solactive Emerging Marijuana Growers Index Liberty Leaf Holdings Ltd. (CSE: LIB) (OTCQB: LIBFF) (FSE: HN3P) is a publicly traded Canadian-based company with strategic investments in businesses that are established, revenue- producing players in the medicinal and recreational cannabis market. Liberty Leaf’s focus is to build and support a diversified portfolio of cannabis-sector businesses, including those involved in the cultivation and processing of legal medicinal and recreational cannabis, value-added CBD/THC pet products, and supply-chain products for this…