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WednesdayNov 15, 2017 9:00 am

Innovation Drives Value for Leading Cannabis Biotechs

NetworkNewsWire Editorial Coverage: The medicinal cannabis market is expected to reach almost US$56 billion by 2025, according to a report by Grand View Research (http://nnw.fm/rXx0Z), driven in part by demand for therapeutic applications of cannabinoid-based drugs for pain relief, suppression of nausea and appetite stimulation, as well as for symptomatic treatment of diseases such as glaucoma, cancer and multiple sclerosis. As an increasing volume of scientific research leans toward the efficacy of cannabis-based drugs, innovative biotech companies are advancing their R&D to develop therapeutic candidates that envelop the potential health benefits of the marijuana plant. One such company is InMed…

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TuesdayNov 14, 2017 3:48 pm

Medical Cannabis Payment Solutions (REFG) Offers Cannabis Retailers Merchant Processing They Can Bank On

Medical marijuana now legal in 30 U.S. jurisdictions Comprehensive merchant processing solution dedicated to marijuana industry Frees customers and retailers from solely using cash The Controlled Substances Act (CSA), signed into law by President Richard Nixon in 1970, continues to cast a baneful shadow over the liberalization landscape. In the half a century since its passage, public attitudes toward cannabis have changed. A survey conducted by the respected Pew Research Center late last year found that ‘57% of U.S. adults say the use of marijuana should be made legal’ (http://nnw.fm/b7WGU). This is up from 12% in 1969, the year before…

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TuesdayNov 14, 2017 1:30 pm

Global Blockchain Technologies Corp. (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) Subsidiary to Acquire 49.9% Interest in Coinstream Mining Corp.

BLKCF creates a mining division, plans ‘spin-out’ listing for its subsidiary, Global Blockchain Mining Corp. Global Blockchain Mining Corp., as part of the agreement, will exchange 3.8 million shares of its common stock for 49.9% interest in Coinstream Mining Corp. Transaction also calls for BLKCF’s subsidiary to make investment in Coinstream, the world’s first cryptocurrency streaming company Global Blockchain Technologies Corp.’s (OTC: BLKCF) (TSX.V: BLOC) (FSE: BWSP) subsidiary, Global Blockchain Mining Corp., has entered into an agreement to acquire a 49.9% interest in Coinstream Mining Corp. in exchange for 3.8 million common shares of Global Blockchain and other conditions, BLKCF…

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TuesdayNov 14, 2017 11:37 am

First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Digs in to Fulfill World Demand for Cobalt

Surge in electric vehicles is fueling global demand for cobalt, a key ingredient in rechargeable batteries Automakers are leading the charge in seeking a stable cobalt supply Cobalt stocks are a bright spot for investors as the commodity’s price is projected to rise First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF), based in Canada, is building the largest pure-play cobalt exploration company in the world. The company is generating significant interest in the mining industry and among investors, as it holds one of only four fully-permitted cobalt extraction refineries in Canada. Upon completion of two mergers currently underway with Cobalt One…

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TuesdayNov 14, 2017 11:08 am

Bitcoin Recovers its Luster Following Wild Ride

Anyone who appreciates the thrills and chills of riding a great rollercoaster understands that it’s the heart-stopping heights and jaw-clenching lows, followed by yet another shot into the stratosphere, that make you get on that ride - over and over again. Bitcoin’s recent wild ride is keeping investors on their toes as the cryptocurrency shakes off a 25 percent drop from last week’s high of $7,721 to a startling low of $5,617 on Sunday. As of this writing, Bitcoin remains choppy, with trades changing hands for $6,571.30. Bitcoin’s market capitalization, or the total value of all the virtual coins in…

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TuesdayNov 14, 2017 9:00 am

Biosynthesis: Making the Impossible Possible in Medicinal Cannabis

NetworkNewsWire Editorial Coverage: The U.S. pharmaceutical industry is pocked with pitfalls that make it difficult for the development of cannabis-based drugs. To receive FDA approval, drug manufacturers must produce a consistent, pharmaceutical-grade product. Drug researchers with cannabis-based candidates are largely dependent on cannabis producers to access their drug raw materials. And therein lies the issue. The cannabis production sector has had its share of product recalls, and is saddled with pricey cost of commercial cultivation. The roadblocks are considerable - from legal and execution standpoints - making these efforts not quite impossible but certainly, currently, difficult. Canada-based biopharmaceutical company InMed…

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TuesdayNov 14, 2017 9:00 am

Canadian Licensed Producers Prepare for Recreational Cannabis Legalization, Expect Significant Growth in Demand

NetworkNewsWire Editorial Coverage: A momentous cultural and economic change is soon coming to Canada, as the Canadian Government has committed to legalizing recreational marijuana on July 1, 2018. Already busy with demand for medicinal marijuana - which has been legal in Canada since 2001 - licensed cultivators are ramping up their production capabilities in anticipation of a staggering surge in demand. Investors are also taking notice, in October driving average gains of 7.6% among Canadian cannabis producers (http://nnw.fm/KJ29n). The Canadian Government is also making preparations for the impending legalization, emphasizing cannabis education and awareness for the nation’s youth (http://nnw.fm/b4U9O). This…

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MondayNov 13, 2017 3:33 pm

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Driving Cannabis Costs Down While Meeting Patient Needs

Strong cash position of over $40 million to fund aggressive expansion timeline One of first companies to obtain cannabis production license from Health Canada Infrastructure in place to take advantage of projected $9 billion Canadian cannabis market Sees ample opportunities in Western Europe with first marketing push in Germany Abcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF), a manufacturer and distributor of medical cannabis in Canada, is creating a consistent, organically grown, pesticide-free standardized product that is keeping costs down and investors excited. Abcann’s approach to growing cannabis centers on replicating the natural environment of any geographical location for a product…

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MondayNov 13, 2017 1:39 pm

Greenkraft, Inc. (GKIT) at the Forefront of Environmentally-Friendly Alternative Fuel Market Rise

Alternative fuel market to reach $614 billion in five years Faced with rising demand, Greenkraft set to expand production capabilities Company’s eco-friendly engine gains California Air Resources Board recognition With climate change becoming a growing threat and world leaders officially recognizing that carbon emissions are one of the main causes of this change, the global market for greener alternative fuels is expected to expand exponentially over the next few years. As part of worldwide efforts to generate clean energy, natural gas producers and natural gas associations are leveraging naturally occurring gases with a smaller carbon footprint than typical fossil fuels,…

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MondayNov 13, 2017 12:30 pm

OTC Markets Group Inc. (OTCM) Announces New Stock Promotion Policy and Sets Best Practices to Achieve Market Transparency

A new “promotion risk flag” designation will be introduced on websites in the first quarter of 2018 to warn market participants of potential risks of trading a security during a promotion campaign Best practices are codified, listing the obligations of public companies to create transparency for investors The goal is also to identify ‘bad actors’ who mislead investors, disrupt pricing mechanisms of OTC markets and fraudulently promote campaigns that harm the integrity of public markets OTC Markets Group Inc. (OTCQX: OTCM) has released a new stock promotion policy in conjunction with proposed established best practices for public companies (http://nnw.fm/cDX3e). The…

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