The QualityStocks Daily Stock List
- Driven Deliveries, Inc. (DRVD)
- Namaste Technologies, Inc. (NXTTF)
- Altigen Communications, Inc. (ATGN)
- Aurania Resources Ltd. (AUIAF)
- Chesapeake Gold Corp. (CHPGF)
- Nordic Semiconductor ASA (NDCVF)
- Serica Energy plc (SQZZF)
- Cuentas, Inc. (CUEN)
- AMMO, Inc. (POWW)
- Greystone Logistics, Inc. (GLGI)
- Marfrig Global Foods S.A. (MRRTY)
- CipherLoc Corp. (CLOK)
- Uniroyal Global Engineered Products, Inc. (UNIR)
- Workhorse Group, Inc. (WKHS)
Driven Deliveries, Inc. (DRVD)
Invest Tribune, Stock Price, Dividend Investor, GlobeNewswire, InvestorsHub, MarketWatch, Barchart, Seeking Alpha, Trading View, Last10k, Stockopedia, Simply Wall St, Stockhouse, Investors Hangout, Market Screener, Stockwatch, Financial Buzz, Research Pool, and Business Insider reported earlier on Driven Deliveries, Inc. (DRVD), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Established in 2013, Driven Deliveries, Inc. is the world's first and only publicly traded cannabis delivery company. It provides delivery services of legal cannabis products to consumers in the State of California. The Company previously went by the name Results-Based Outsourcing, Inc. It changed its name to Driven Deliveries, Inc. in September of 2018. The Company is based in San Diego, California.
Driven Deliveries' focus is turn key delivery solutions for licensed brands and dispensaries. The Company provides legal cannabis consumers the ability to purchase and receive their marijuana in a quick and convenient way. It provides on-demand marijuana delivery, in select cities where permitted by law.
Company Management believes it is uniquely positioned to best serve the needs of the developing cannabis industry and capture significant market share within the sector. Experienced technology and cannabis executives founded Driven Deliveries.
Last month, Driven Deliveries announced the launch of its new delivery model, Driven Direct. This will allow the Company to work directly with brands and retailers to deliver a wide spectrum of cannabis products directly to consumers. The Company will be launching with manifold retail partners in California. In addition, Driven Deliveries will offer delivery throughout the state encompassing major metro centers and the majority of the population.
Driven Direct's structure will be similar to that of Amazon's delivery model. The design of program is to enable entrepreneurs to run their own local delivery networks featuring the Driven Deliveries logos.
Each delivery unit will start its day at a designated Driven station in California. There, packages ordered from local retailers are subsequently picked up by Driven Deliveries drivers and delivered direct to the consumer. Location-based algorithms will ascertain which packages are sent to these delivery stations.
Today, Driven Deliveries announced that it has partnered with BLAZE, Inc. to provide a full-service technology platform for advertising, point-of-sale, customer interfacing and more. BLAZE is a foremost compliance technology platform in the cannabis industry. It has greater than 100 clients in 4 states and will be working with Driven Deliveries for cross referral opportunities for both businesses.
Driven Deliveries, Inc. (DRVD), closed Thursday's trading session at $1.94, up 2.11%, on 39,662 volume with 79 trades. The average volume for the last 3 months is 8,438 and the stock's 52-week low/high is $0.025/$5.85.
Namaste Technologies, Inc. (NXTTF)
MicroSmallCap, Micro Cap Daily, Marijuana Stocks, Make Penny Stocks Great Again, Midas Letter, Green Leaf Pot Stocks, Stockhouse, InvestorsHub, Trading View, Profit Confidential, Proactive Investors, Insider Financial, Wallet Investor, Barchart, Daily Marijuana Observer, and Stockwatch reported previously on Namaste Technologies, Inc. (NXTTF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Namaste Technologies, Inc. powers the ultimate online customer experience for medicinal cannabis and related products. The Company, via its subsidiaries, operates as a cannabis e-commerce business. In addition, Namaste provides vaporizers and accessories across a number of platforms operating in greater than 20 countries on 3 continents. Namaste Technologies has its corporate headquarters in Vancouver, British Columbia.
The Company has its NamasteMD.com. This is its integrated telemedicine application. Namaste connects medical clients with health care practitioners to more readily issue and renew cannabis prescriptions online.
Namaste Technologies also has its Cannmart.com. This is an 'everything cannabis store' offering clients a large assortment of strains to fill their prescription needs. Cannmart.com features the first Canadian Medical Sales-Only Licence. Moreover, Namaste Technologies' innovative artificial intelligence (AI) engine incorporated in its platforms and related Uppy App, completes the Company's ecosystem by identifying the right product and pairing to address specific medical cannabis needs.
Namaste Technologies has 24 unique websites and five warehouses. Numerous international warehouses allow products to be shipped fast, safely, as well as securely to almost 2 million customers.
In March, Namaste Technologies announced that it entered into a share purchase agreement to acquire 49 percent of the issued and outstanding shares of Calgary, Alberta based Choklat, Inc. for $1.5 million in cash consideration. As part of the acquisition, the Company will appoint a member to the Board of Choklat. Choklat is a premium chocolate manufacturer. It has existing sales via its online eCommerce site and through a network of distributors throughout Canada.
Moreover, in March, Namaste Technologies announced it completed the earlier announced acquisition of 49 percent of the common shares of Toronto-based Pineapple Express Delivery, Inc. In June 2018, Namaste announced that it entered into a subscription agreement to acquire 15 percent of the common shares of Pineapple for $1,000,000 that consisted of $850,000 in cash and $150,000 in Namaste common shares. In December 2018, it announced that it entered into a binding agreement with shareholders of Pineapple Express to acquire an additional 34 percent of the outstanding common shares of Pineapple Express. Following closing of the Transaction, Namaste Technologies now owns 49 percent of the issued and outstanding common shares of Pineapple Express.
Namaste Technologies continues to invest in technology and infrastructure spending to position it to cater to domestic and global licensed producers, cultivators, micro-growers and ancillary device producers who may wish to distribute products via Namaste's proposed marketplace that is now under development. Namaste believes that as its end-to-end business proposition develops, it will be in a position to migrate the benefits of the user interface, user experience flows and integration between CannMart and its other properties to the new marketplace business model.
Namaste is continuing to concentrate on improving the customer experience for customers who visit its properties to buy cannabis products and acquire medical prescriptions for Cannabis. Namaste has made advancements to Namaste MD, improved its focus on operational execution at CannMart, and made further advancements at CannMart Labz.
Namaste Technologies, Inc. (NXTTF), closed Thursday's trading session at $0.6724, up 24.52%, on 6,432,453 volume with 3,088 trades. The average volume for the last 3 months is 976,154 and the stock's 52-week low/high is $0.362/$3.049.
Altigen Communications, Inc. (ATGN)
NetworkNewsWire, Zacks, Stock Twits, Equity Clock, Wallet Investor, Simply Wall St, Stockhouse, OTC Markets, YCharts, Last10k, Street Insider, Capital Cube, Marketwired, 4-Traders, Dividend Investor, Market Screener, Investors Hangout, and InvestorsHub reported earlier on Altigen Communications, Inc. (ATGN), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Altigen Communications, Inc. is a provider of Hosted Skype for Business and Contact Center solutions. The Company's expertise is in Microsoft communications technologies, with over two decades of experience developing, deploying and supporting Unified Communications solutions built on Microsoft platforms. A foremost Microsoft Cloud Solutions provider, Altigen delivers fully managed Unified Communications services, combining Hosted Skype for Business, Advanced Cloud PBX, and Innovative Cloud Contact Center applications with seamless integration to Office 365 for small-to-medium sized businesses and enterprises. OTCQB-listed, Altigen Communications is headquartered in San Jose, California.
The Company's innovative and feature rich Cloud PBX and Multi-channel Contact Center solutions natively integrate with Skype for Business and Office 365 to deliver business-critical functionalities needed by SMBs and enterprises. The design of Altigen solutions are for high reliability, user-friendliness, seamless integration to Microsoft infrastructure technologies. In addition, they are built on a scalable, open standards platform.
Altigen's portfolio of Cloud-based Unified Communications solutions considerably simplifies deployment and ongoing system management. This is while enabling its customers to significantly decrease IT (Information Technology) support costs and lessen total cost of ownership.
Recently, Altigen Communications announced a strategic business partnership with Cisilion. The focus of the partnership between the two companies will be on delivering and enhancing the value of Microsoft Teams Phone System and Skype for Business. Cisilion is a foremost UK headquartered IT systems integrator and managed service provider. It specializes in enterprise networking, voice and collaboration, security, cloud & data center and IT services.
Mr. Paul Fullman, Altigen Communications' Vice President of Microsoft Solutions, said, "The momentum for Microsoft Teams has been steadily growing for the past year. With many organizations now in the process of evaluating Microsoft Teams Phone System, it was critical for us to work with a top-notch partner to deliver Altigen's solutions. We're extremely pleased with such a quality company as Cisilion."
Last week, Altigen Communications announced its financial results for Q2 ended March 31, 2019. Revenue for Q2 of fiscal 2019 was $2.5 million, versus $2.8 million in the prior quarter, and compared to $2.5 million in the previous year quarter. Gross Margin in Q2 of fiscal 2018 was 81.7 percent, versus 82.9 percent in the prior quarter, and compared to 84.3 percent during Q2 of fiscal 2018. The decrease in the Company's Gross Margin was mainly due to a shift in its product mix.
GAAP Net Income for Q2 of fiscal 2019 was $403,000, or $0.02 per diluted share. This is in comparison to Net Income of $612,000, or $0.02 per diluted share in the prior quarter, and compared to Net Income of $383,000, or $0.02 per diluted share during the same period the year prior.
Altigen Communications, Inc. (ATGN), closed Thursday's trading session at $1.198, down 0.99%, on 46,974 volume with 54 trades. The average volume for the last 3 months is 77,153 and the stock's 52-week low/high is $0.379/$1.47.
Aurania Resources Ltd. (AUIAF)
Gold Telegraph, Wallmine, Stockhouse, MarketWatch, Junior Mining Network, Wallet Investor, Market Screener, Gold Stock Data, Metals News, Morningstar, The Street, Dividend Investor, Northern Miner, Seeking Alpha, GuruFocus, Investors Hangout, Barchart, Trading View, and Stockwatch reported previously on Aurania Resources Ltd. (AUIAF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Aurania Resources Ltd. engages in the identification, evaluation, acquisition and exploration of mineral property interests. The Company's emphasis is on precious metals and copper. Aurania's flagship asset is The Lost Cities - Cutucu Project. This Project is in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador. A junior mineral exploration company and OTCQB-listed, Aurania Resources is headquartered in Toronto, Ontario.
The Lost City Project is in the SE part of the Republic of Ecuador, in the Province of Morona-Santiago. The Project comprises circa 208,000 hectares in 42 concessions occupying the central part of the Cordillera de Cutucu. These concessions extend roughly 95 km along the Cordillera. The Cordillera de Cutucu is contiguous with the Cordillera del Condor to the south, together forming foothills on the Amazon-side of the Andes mountain chain. Aurania Resources' exploration is centered on finding the same kinds of deposits that occur in the Cordillera del Condor.
To date, eleven targets for gold-silver mineralization, four copper targets and one silver-zinc-lead target have been identified at The Lost Cities - Cutucu Project. Historical information led to the staking of 500,000-plus acres (208,000 Hectares or 2,080km2). The concession area is along-trend of a very well-endowed mineral belt.
Aurania Resources' operational strategy includes completing initial exploration work on its large land package (stream sediment sampling and geophysics). The Company's strategy also includes completing scout drilling of epithermal gold targets and continuing exploration for copper - initiating scout drilling on key copper targets.
This month, Aurania Resources reported the Tsenken target in the Lost Cities - Cutucu Project has been enlarged by 6 kilometers (km). High-grade copper and silver have now been found over a 9km long trend. Recent grab samples from boulders in streams contain up to 7 percent copper with 70 grams per tonne (g/t) silver. Follow-up exploration of these streams has led to the discovery of copper and silver in outcrop.
In addition, this month, Aurania Resources reported that high-grade copper and silver have been found over an area measuring 6 km by 3km in the Kirus target area in the Lost Cities - Cutucu Project. Samples from boulders in streams contain up to 12 percent copper with 166 grams per tonne (g/t) silver. Follow-up exploration of these streams has led to the discovery of outcrop with grades of up to 5 percent copper with 70g/t silver.
Aurania Resources Ltd. (AUIAF), closed Thursday's trading session at $2.98, up 3.98%, on 24,776 volume with 30 trades. The average volume for the last 3 months is 7,260 and the stock's 52-week low/high is $1.025/$3.004.
Chesapeake Gold Corp. (CHPGF)
24hgold, Penny Stock Tweets, Mining Stock Valuator, Research Pool, Northern Miner, Small Cap Network, Silicon Investor, Trading View, Stock Invest, Barchart, Wallet Investor, InvestorsHub, Stockhouse, Baystreet, Investors Hangout, The Street, Dividend Investor, InvestorIntel, GuruFocus, Gold Stock Data, YCharts, Equity Clock, and Market Screener reported beforehand on Chesapeake Gold Corp. (CHPGF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Chesapeake Gold Corp. centers on the exploration and development of precious metals projects in North America. Its major project is its 100 percent owned Metates gold deposit in Durango state, Mexico. The Company mainly explores for gold, silver, and zinc deposits. Chesapeake Gold lists on the OTC Markets Group's OTCQX. Incorporated in 2002, the Company is based in Vancouver, British Columbia.
Regarding Metates, Independent Mining Consultants reported NI 43-101 proven and probable reserves of 18.5 million ounces of gold, 526 million ounces of silver and 4.2 billion pounds of zinc. The metal prices assumed for the reserves are $1,200 per ounce gold and $25 for silver per ounce at a cut off grade of 0.35 g/t gold equivalent. Metates is one of the largest undeveloped gold and silver projects in the world.
Metates benefits from its highest ore grade early in the mine life, a low strip ratio, and close proximity to important existing infrastructure. Metates has the option to be an initial 30,000 tpd or 60,000 tpd mine that expands to full nameplate capacity. A Pre-Feasibility Study (PFS) indicates at the Phase 2 throughput rate of 120,000 tpd, annual production over 25 years would be 659,000 ounces of gold, 16 million ounces of silver and 143 million pounds of zinc at a gold equivalent cash cost of $490 per ounce, net zinc credits. M3 Engineering performed the PFS.
Last month, Chesapeake Gold provided a progress report on its regional exploration programs near its world class Metates Project and the Tatatila Project in Veracruz State, Mexico. Tatatila is a district scale project hosting gold-copper skarn mineralization that strategically surrounds Mexican Gold Corp.'s Las Minas project. Reconnaissance exploration work continues at Tatatila to discover skarn bodies developed along the contact of intrusive dikes and sills and older limestones. To date (as of March 5, 2019), Chesapeake Gold has identified seven prospects at Tatatila.
Mr. Randy Reifel, President of Chesapeake Gold, said in March, "This year our exploration focus will be on the under-explored region surrounding Metates and adjacent areas that would be positively impacted by an operating world class mine. Typically, satellite mineral deposits form clusters around large, world class deposits. Chesapeake's organic project pipeline including new discoveries such as Crisy, would capitalize on the expanded road network and related infrastructure from the future development of Metates."
The Crisy Project, Durango, is a new discovery several kilometers south of Metates. Crisy encompasses a northwest trending zone of quartz breccia and stockwork over two kilometers long hosted in shales. Three channel samples over a strike length of 500 meters along the northwest trending zone returned 24 meters of 1.5 g/t gold, 13 meters of 1.1 g/t gold and 14 g/t silver and 4 meters of 2.5 g/t gold and 49 g/t silver. Furthermore, channel samples taken 200 meters apart from an intersecting northeast trending branch of the zone returned 14 meters of 2.0 g/t gold and 43 g/t silver and 10 meters of 1.4 g/t gold and 9 g/t silver.
Chesapeake Gold Corp. (CHPGF), closed Thursday's trading session at $1.35, even for the day, on 13,134 volume with 14 trades. The average volume for the last 3 months is 7,727 and the stock's 52-week low/high is $1.10/$2.052.
Nordic Semiconductor ASA (NDCVF)
Searching Wall Street, Current Charts, Small Cap Network, Market Screener, Street Insider, Stockhouse, YCharts, Capital Cube, OTC Markets, Investors Hangout, Wallet Investor, 4-Traders, and Dividend Investor reported earlier on Nordic Semiconductor ASA (NDCVF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Headquartered in Trondheim, Norway, Nordic Semiconductor ASA designs, develops, and sells integrated circuits and related solutions for short and long range wireless communication in Europe, the Americas, andAsia/Pacific. A fabless semiconductor enterprise, the Company specializes in ultra-low power components, founded on its proprietary 2.4 GHz RF, Bluetooth low energy, and LTE-M and NB- Internet of Things (IoT). In addition, Nordic Semiconductor develops long range cellular IoT. The Company lists on the OTC Markets.
Nordic Semiconductor is the market leader in Bluetooth Low Energy connectivity. It has a growing portfolio of wireless devices, LTE-M and NB-IoT being the latest augmentation. The Company's SoC products are used by world leading brands in a broad array of applications. These applications include wireless PC peripherals, gaming, sports and fitness, mobile phone accessories, consumer electronics, toys, healthcare and automation.
Fundamentally, Nordic Semiconductor develops and sells integrated circuits and related solutions for short-range wireless communication. Furthermore, the Company is developing its long-range low-power cellular chip-set, providing customers with an extensive set of low-power connectivity solutions across the spectrum of distances from near-field to long-range.
Pertaining to Software & Tools, Nordic provides software for all parts of a client's system development. This is from communication stacks and application layer software to development tools for desktop, mobile and cloud. The Company develops in-house solutions, and also recommends other software and tools from its network of trusted third-parties.
Earlier this week, Nordic Semiconductor announced that Boise, Idaho-based American Semiconductor, chose Nordic's nRF51822 Bluetooth® Low Energy (Bluetooth LE) System-on-Chip (SoC) for its 'AS_NRF51 FleX™-BLE'. This is a flexible integrated circuit (IC) that supports Bluetooth LE wireless connectivity in what American Semiconductor claims is the world's thinnest and smallest Chip Scale Package (CSP).
The AS_NRF51 Flex-BLE is an ultra-thin version of Nordic Semiconductor's nRF51822 SoC wafer-level CSP (WL-CSP), utilizing American Semiconductor's 'FleX™ Semiconductor-on-Polymer™' (FleX SoP) process to decrease package size to about 35µm—around half the thickness of a human hair—while the addition of front- and back-side polymides from HD MicroSystems provides mechanical strength to permit the IC to bend without breaking. The result is an IC with a strong, thin, and physically flexible form factor designed for solutions that demand ultra thinness, physical flexibility, and high reliability in applications ranging from wearables and logistics, to the Internet of Things (IoT).
Today, Nordic Semiconductor announced that SecuX Technology, Inc. has specified Nordic's nRF52840 Bluetooth® 5/Bluetooth Low Energy (Bluetooth LE) advanced multiprotocol System-on-Chip (SoC) to provide the wireless connectivity for its 'SecuX V20'. SecuX V20 is a hardware-based 'wallet' for protecting the private 'keys' and PIN codes users require to securely perform cryptocurrency transactions. SecuX Technology is a Taiwan-headquartered blockchain security company.
Upon being connected to the host device, the web- (Windows, MacOS, Linux, Chrome OS and Android) and iOS-based SecuX app enables the user to access the blockchain to send and receive crypto assets, and also check their account balance. The device supports current major cryptocurrencies. These include Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, and ERC-20 Tokens.
Nordic Semiconductor ASA (NDCVF), closed Thursday's trading session at $4.914, up 9.20%, on 1,380 volume with 4 trades. The average volume for the last 3 months is 2,695 and the stock's 52-week low/high is $3.184/$7.216.
Serica Energy plc (SQZZF)
Wallet Investor, Invest Tribune, Dividend Investor, Market Screener, Seeking Alpha, Stockhouse, MarketWatch, Trading View, Wallmine, Investors Hangout, Pink Investing, The Street, 4-Traders, Guru focus, and Barchart reported earlier on Serica Energy plc (SQZZF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Serica Energy plc is an independent upstream oil and gas company headquartered in London, United Kingdom (UK). The Company has operations focused on the UK North Sea where it has the full range of exploration, development, as well as production assets. Serica's primary emphasis is on building a portfolio of properties where it can use its technical, commercial and operating capabilities to add value to existing producing assets and to explore and develop new reserves. Established in 2004, Serica Energy lists on the OTC Markets.
Serica has proved the success of the above-mentioned model via its producing asset, Erskine, in which it is a partner with Chevron and Chrysaor. On November 30, 2018, the Company completed the acquisition of interests in the Bruce, Keith and Rhum fields where it also took over as field operator. These fields are a combination of late-life and mid-life, mainly gas producing assets where further investment can enhance recovery and extend field life.
The Bruce, Rhum and Keith fields in the UK Northern North Sea produce through the Serica operated Bruce facilities, consisting of three platforms with accommodation for up to 160 people. Serica Energy has drilled 23 wells since its inception in 2004, 17 as operator.
Serica has drilled wells across a broad spectrum of offshore geographies. This includes the UK, Ireland, Indonesia and Vietnam. As an operator, 14 of the 17 wells drilled by the Company encountered oil or gas, six of which were of commercial significance, leading to the discovery of Columbus in the UK North Sea and Kambuna in Indonesia.
Since its direct involvement in the Erskine operations, Serica Energy has contributed to a major improvement in the asset's production levels. Serica is the development operator for Columbus. It also developed the Kambuna field before selling its operated interest on favorable terms to the Company in 2008.
Serica Energy plc (SQZZF), closed Thursday's trading session at $1.00, up 45.92%, on 6,200 volume with 3 trades. The average volume for the last 3 months is 435 and the stock's 52-week low/high is $0.02/$1.83.
Cuentas, Inc. (CUEN)
InvestorsHub, AIStockFinder, Wallet Investor, MarketWatch, GuruFocus, Barchart, The Street, Investors Hangout, Market Screener, Street Insider, and PR Newswire reported on Cuentas, Inc. (CUEN), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Cuentas, Inc. is a Financial Technology (FinTech) service provider listed on the OTC Markets' OTCQB. The Company provides mobile banking, online banking, prepaid debit and digital content services to unbanked, underbanked and underserved communities. It utilizes technical innovation together with existing and emerging technologies to provide accessible, efficient and reliable mobile, new-era and traditional financial services to consumers. Cuentas has its corporate headquarters in Miami, Florida.
The Company's business units are Cuentas Mobile and Cuentas Pinless. It offers mobile with its STI Mobile. With STI Mobile there are no commitments and flat rates. STI Mobile is good for the USA and more than 100 international destinations. Cuentas Mobile also offers its new data services plan and features high speed and reliable internet. It supports 3G/4G/LTE networks.
Cuentas Pinless offers TEL3 for making international calls. With TEL3, one can see their call history with the online account manager, call faster with the Speed Dial feature, and register their phone to make pinless calls. TEL3 offers low rates and a customer can save by getting recharge coupons directly on their phone, earning up to 5 percent of their total spending as reward points (free minutes). They will also get $10 worth of free minutes for every friend they refer.
In November 2018, Cuentas announced that its wholly-owned subsidiary Limecom, which specializes in wholesale international telecommunications services provided through Voice over Internet Protocol (VoIP), executed a $4 million, three-year, factoring facility with AEC Yield Capital, LLC, an affiliate of Advanced Energy Capital, LLC (AEC). Limecom has interconnections with greater than 100 Carriers globally and has provided more than 2 billion minutes of voice traffic.
Limecom produced revenue of more than $100M in fiscal 2017. In fiscal 2018, Cuentas' Income Statement will reflect 100 percent of the revenue of Limecom. AEC will provide an initial availability of $4 million for periodical purchasing of Limecom invoices. This facility will permit Limecom to grow its business unit considerably. Cuentas, which provides its mobile banking customers with Telecommunications Long Distance Rewards, will be using Limecom's International Network Legacy for these rewards.
This month, Cuentas announced that it rescinded its Stock Purchase Agreement with Limecom that will further decrease its debt by more than $3.3 Million. The Company's debt reduction of $3.3 Million includes monies owed to Heritage Ventures Limited and employees of Limecom.
According to the Amendment to Stock Purchase Agreement executed January 29, 2019, a scheduled payment of $2 million to Heritage Ventures limited for the Stock Purchase Agreement pertaining to Limecom was cancelled. Pending loans to Heritage for $750,000 were exchanged for 90,000 shares of Cuentas. In addition, a number of executives, employees and contractors of Limecom converted $572,448 of compensation for 18,576 Cuentas shares, accepting a Company valuation of $50 million.
Cuentas, Inc. (CUEN), closed Thursday's trading session at $2.24, up 77.78%, on 1,882 volume with 6 trades. The average volume for the last 3 months is 1,156 and the stock's 52-week low/high is $0.81/$13.50.
AMMO, Inc. (POWW)
NetworkNewsWire, Savvy Trader Resource, StockaWiki. Infront Analytics, Market Screener, Simply Wall St, MarketWatch, Street Insider, Stockopedia, Wallmine, Capital Cube, Morningstar, Dividend Investor, Wallet Investor, 4-Traders, Business Insider, The Street, InvestorsHub, Barchart, Stockhouse, Euro Investor, GuruFocus, Stockwatch, and TradingView reported on AMMO, Inc. (POWW), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
AMMO, Inc. is a technology leader and a premier American ammunitions manufacturer. The Company designs and manufactures products for an array of aptitudes. These include law enforcement, military, hunting, sport shooting and self-defense. Established in 2016, AMMO has its head office in Scottsdale, Arizona. The Company also has a manufacturing facility in Payson, Arizona.
AMMO promotes branded munitions. This includes its patented STREAK™ Visual Ammunition, the Jesse James line of munitions and accessories, /stelTH/ subsonic munitions, TAC-P™ Tactical Precision Defense munitions, and OPS (One Precise Shot) a lead-free frangible tactical line of munitions for self-defense.
The Company's STREAK is a next- generation "Non-Flammable" visual "tracer style" ammunition that is a non-incendiary round, safe for indoor and outdoor use. The American Hunter and Safari Series OSK Line will encompass the whole range of game hunting. Professional hunter and Sports Channel host, Mr. Jeff Rann designed the line.
Moreover, AMMO has worked with well-known motorcycle/firearm designer and builder Mr. Jesse James to create the Jesse James line of branded bullets. Furthermore, the Company's OPS™ rounds were developed to meet a broad array of demanding engagement scenarios usually experienced by law enforcement personnel in the line of duty.
The design of AMMO's STELTH™ line was from the ground up with decibel drop and cleanliness in mind. It is a fusion of proprietary HyperClean® technology, precision standards, and foremost suppressor manufacturer collaboration.
Also, AMMO launched its new line of branded precision defense ammunition, TAC-P™ or Tactical Precision, at the 2019 SHOT Show in Las Vegas, Nevada on January 22, 2019. The new line of products is scheduled to move into full production over the next few months.
TAC-P™ is the first of its type 'made in America' portfolio to include a high-performing, match grade capability in a solid copper boat tail and API configurations. In addition, the TAC-P™ line is available with AMMO's patented one-way luminescent or O.W.L. Technology™, or as it is recognized in the commercial markets, STREAK™ Visual Ammunition.
AMMO, Inc. (POWW), closed Thursday's trading session at $2.9545, up 7.44%, on 15,030 volume with 26 trades. The average volume for the last 3 months is 9,729 and the stock's 52-week low/high is $1.50/$6.50.
Greystone Logistics, Inc. (GLGI)
Zacks, Wallet Investor, MicroCapClub, Market Screener, Real Investment Advice, Marketwired, Corporate Information, YCharts, Equity Clock, Capital Cube, Trading View, Stockhouse, last10k, Stockopedia, InsiderWisdom, GuruFocus, NoNameStocks, Morningstar, Simply Wall St, and MarketWatch reported previously on Greystone Logistics, Inc. (GLGI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Greystone Logistics, Inc. reprocesses and sells recycled plastic. In addition, the Company designs, manufactures, sells, and leases high-quality 100 percent recycled plastic pallets. These provide logistical solutions required by a broad variety of industries. These industries include food and beverage, agricultural, automotive, chemical, and pharmaceutical and consumer products. A "Green" manufacturing and leasing business, Greystone Logistics is headquartered in Tulsa, Oklahoma.
Greystone Logistics is the largest 100 percent recycled plastic pallet manufacturer in the U.S. The Company provides cost advantages over users of virgin resin. The excess plastic not used in the production of pallets undergoes reprocessing for resale.
Greystone's products include rackable, nestable, display, monoblock, and stackable pallets. Furthermore, its products include picture frame web-top pallets and web-top pallets. The Company also sells recycled plastic that undergoes reprocessing into pellet form. Moreover, Greystone provides pallet leasing services.
Greystone Logistics offers recycled pallets for sale including full picture frame and three skids models and IBC pallets. Plastic pallets last 10-50 times longer than wood; have trade-in value; are recyclable; have a high coefficient of friction with anti-skid design for top, bottom, and fork lift tine contact; have substantially lower life cycle costs (cost per trip) and are suited for closed loop systems.
Greystone's technology, including that used in its injection molding equipment, and its proprietary blend of recycled plastic resins and patented pallet designs, enables fast production of high-quality pallets and at lower costs than numerous processes. The recycled plastic for its pallets helps control material costs, while reducing environmental waste.
Last month, Greystone Logistics reported continued record sales for the six months and quarter ended November 30, 2018. Sales for the six months ended November 30, 2018 were $32,939,240 compared to $20,009,177 for the six months ended November 30, 2017 for an increase of $12,930,063. This represents a 65 percent increase.
Sales for the three months ended November 30, 2018 were $14,733,130 versus $9,722,102 for the three months ended November 30, 2017. This represents an increase of $5,011,028, a 52 percent increase. The Company's sales to major customers during the six months ended November 30, 2018 were 84 percent of sales versus 73 percent in the same period last year.
Greystone Logistics, Inc. (GLGI), closed Thursday's trading session at $0.5575, up 1.36%, on 9,339 volume with 5 trades. The average volume for the last 3 months is 11,174 and the stock's 52-week low/high is $0.378/$0.771.
Marfrig Global Foods S.A. (MRRTY)
Market Screener, OTC Markets, Morningstar, Glitch Traders, The Street, MarketWatch, InvestorsHub, YCharts, Research Pool, Capital Cube, Investing, Seeking Alpha, GuruFocus, and Dividend Investor reported on Marfrig Global Foods S.A. (MRRTY), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Marfrig Global Foods S.A. is a multinational company operating in the food and food service industries in Brazil and around the world. The Company's activities include the production, processing, further processing, sale and distribution of animal proteins and a variety of other food products. These include breaded products, ready-to-eat meals, fish, frozen vegetables and desserts, among others.
Established in 1986, the Company formerly went by the name Marfrig Alimentos S.A. It changed its name to Marfrig Global Foods S.A. in January 2014. Marfrig Global Foods has its head office in São Paulo, Brazil.
Marfrig Global Foods currently operates 23 processing units, 12 further processing units and eight distribution centers spread across Brazil, Argentina, Uruguay, Chile and the United States. The Company has leadership in two of the world's largest beef markets. It has its products in approximately 100 countries.
Marfrig operates through its Marfrig and National Beef divisions. The Marfrig Beef business unit is an innovator in marketing and promoting beef and lamb in the Brazilian marketplace. International operations in South America concentrate on exporting premium beef cuts and on taking advantage of the strategic position the Company has in Uruguay that gives Marfrig Beef access to the world's important consumer markets.
Last year, Marfrig acquired control of National Beef, which is the fourth largest U.S. beef processor. Headquartered in Kansas City, Missouri, National Beef owns two processing plants. National Beef has a slaughtering capacity of 12,000 cattle heads per day.
In North America, Marfrig Global Foods is responsible for the primary processing and deboning of beef cattle originating from the United States. These products sell internally by way of retail, wholesale and food service channels as well as exported to different markets. Moreover, the business includes the sale of ancillary/complementary products and sub-products resulting from the process, the tannery and logistics operations and direct online sales to consumers.
Marfrig Global Foods S.A. (MRRTY), closed Thursday's trading session at $1.84, up 1.80%, on 892,880 volume with 30 trades. The average volume for the last 3 months is 23,803 and the stock's 52-week low/high is $1.19/$2.34.
CipherLoc Corp. (CLOK)
Business Insider, OTC Markets, The Street, InvestorsHub, Central Charts, Equity Clock, Stockwatch, Capital Cube, Simply Wall St, Wallet Investor, MarketWatch, Market Exclusive, and OTC Dynamics reported earlier on CipherLoc Corp. (CLOK), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
OTCQB-listed, CipherLoc Corp. is a top provider of highly secure data protection technology. The Company has highly innovative solutions based on its patented Polymorphic Cipher Engine. The design of this Engine is to take existing encryption algorithms and make them better, quicker, stronger, and extremely scalable. A data security solutions company, CipherLoc is based in Austin, Texas.
The Company delivers easy-to-deploy software solutions. These solutions can be added to any existing product, service, or application. CipherLoc keeps information safe. Its inventive technology can be used to overcome the flaws and inadequacies associated with modern encryption algorithms to completely and securely protect the world's data. Nonetheless, its technology does not replace existing encryption technologies, it augments them.
The Company's products include CipherLoc EDGE, CipherLoc GATEWAY, CipherLoc SHIELD, and CipherLoc ENTERPRISE. CipherLoc EDGE is a data protection software solution. It is targeted for use on mobile devices. CipherLoc GATEWAY is a data protection software solution. It is targeted for use on server platforms.
CipherLoc SHIELD is a data protection solution. It is targeted for use on any platform where information is stored. CipherLoc ENTERPRISE is a data protection software solution. It is targeted for use on desktop, laptop, and/or tablet devices.
Cipher Loc has available a client-side extension to its secure email solution. This extension will enable recipients of emails that have been protected with the Company's unique data protection technology to decrypt messages, so they can be read. The design is for use with Microsoft Outlook clients.
The Company's client version software will allow messages to be decrypted but not encrypted. For clients wanting to achieve full encrypt and decrypt capabilities, CipherLoc will offer an easy migration route to the full-featured email protection product.
In January, CipherLoc announced its IEEE Computing and Communication Workshop and Conference (CCWC) 2019 paper was recognized as ''Best in Track'' at the conference. The paper was presented in combination with Northern Arizona University (NAU). The Institute of Electrical and Electronics Engineers (IEEE) is the foremost professional association for the advancement of technology. The IEEE Computing and Communication Workshop and Conference (CCWC) brings together scholars and corporate technology scientists from varied disciplinary backgrounds to stress dissemination of continuing research in the fields of computing and communication.
CipherLoc Corp. (CLOK), closed Thursday's trading session at $0.91, even for the day, on 15,462 volume with 13 trades. The average volume for the last 3 months is 14,824 and the stock's 52-week low/high is $0.81/$2.90.
Uniroyal Global Engineered Products, Inc. (UNIR)
NetworkNewsWire, MarketWatch, Zacks, Stockhouse, Infront Analytics, Capital Cube, Capital Network, Proactive Investors, 4-Traders, Morningstar, Wallet Investor, Real Investment Advice, Marketbeat, and Zacks reported previously on Uniroyal Global Engineered Products, Inc. (UNIR), and today we also report on the Company, here at the QualityStocks Daily Newsletter.
Uniroyal Global Engineered Products, Inc. (UNIR), by way of its subsidiaries, is a foremost manufacturer of vinyl coated fabrics. These fabrics are durable, stain resistant, cost-effective alternatives to leather, cloth, and other synthetic fabric coverings. UNIR is a leading supplier of vinyl coated fabric materials for the automotive and commercial industries. UNIR is based in Sarasota, Florida. Its subsidiary is Uniroyal Engineered Products, LLC.
The Company's primary brand names include Naugahyde®, BeautyGard®, Flameblocker™, and Spirit Millennium®. In addition, its brand names include Ambla®, Amblon®, Velbex®, Cirroflex®, Plastolene® and Vynide®.
UNIR's products in the automotive industry are used chiefly in seating, door panels, head and arm rests, security shades, as well as trim components. The Company's non-automotive applications include outdoor seating for utility and sports vehicles, and sheeting used in medical, nuclear protection, personal protection, moisture barriers, pool liners, pram and nursery, movie screen, and decorative surface applications.
Last week, UNIR announced that it completed plans for the transformation of its Earby, UK manufacturing plant to a state-of-the-art vinyl sheet production facility. When the Company bought the former Wardle Storeys facility, it foresaw a manufacturing site with high-tech equipment to better service its existing customer base and to expand capacity to permit it to penetrate new markets with improved quality and price competitive offerings. Since the acquisition, It has invested more than $11 million (£9 million) on new equipment and upgrades to modernize the production floor.
A viable business plan for the Calender Operations that produces extruded thin films and represents 5 percent of Consolidated Revenues, could not be economically developed or modernized. Consequently, a decision was made to de-commission the equipment and no longer offer Calendered Film product. The Company plans to minimize the impact on its employees affected by this closure through offering retraining programs. UNIR hopes to move them to other production areas within the facility.
Uniroyal Global Engineered Products, Inc. (UNIR), closed Thursday's trading session at $0.7397, up 5.90%, on 1,500 volume with 4 trades. The average volume for the last 3 months is 1,303 and the stock's 52-week low/high is $1.00/$2.00.
Workhorse Group, Inc. (WKHS)
Stocktwits, MarketWatch, InvestorsHub, 4-Traders, Morningstar, GuruFocus, Simply Wall St, StreetInsider, Stockhouse, Equity Clock, Investing, Last10K, Zacks, Investopedia, The Street, Business Insider, and Capital Cube reported previously on Workhorse Group, Inc. (WKHS), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Workhorse Group, Inc. is a technology company centered on providing sustainable and cost-effective electric mobility solutions to the commercial electric transportation sector. The Company designs and builds high performance battery-electric vehicles including trucks and aircraft. The design of all Workhorse vehicles is to make the movement of people and goods more efficient and less harmful to the environment. An American original equipment manufacturer (OEM), Workhorse Group is based in Loveland, Ohio.
The Company designs and produces battery-electric power trains in its 50,000 sq. ft. facility in Loveland for its new Workhorse chassis. Its approach to building its battery electric power trains uses proven, automotive-grade, mass-produced parts together with its custom designed, proprietary control software.
Workhorse Group also develops cloud-based, real-time telematics performance monitoring systems. These systems are totally integrated with its vehicles. They enable fleet operators to optimize energy and route efficiency. The Company is a top manufacturer of medium-duty electric step vans in America targeting commercial fleets. Workhorse Group is the only OEM building electrified medium-duty vehicles in America.
The Company is developing the Workhorse W-15, the U.S.' first light-duty pickup truck with electric powertrain targeted at commercial fleets. Target customers include delivery fleets, utility companies, telecommunications companies, municipalities and more. Workhorse Group has its N-GEN Electric Delivery Van; the W-15 electric pickup truck with extended range; the E-Gen Step Van; the SureFly™ Helicopter; the HorseFly™ Autonomous Drone Delivery System; and the METRON™ Telematics and Asset Tracking Software.
The SureFly is classified as a personal helicopter/eVTOL aircraft. The Company has received FAA approval to test the copter. However, it is still trying to secure approval to sell it. Mr. Steve Burns, Workhorse Group Chief Executive Officer, said the Company is "six months into a two-year journey" to get the product approved and sold.
In addition, Workhorse Group is working with Duke Energy Corp. (NYSE: DUK) on a battery leasing program. This program would provide Duke Energy customers a cost-competitive product alternative.
As part of this relationship, signed on November 28, 2018, Duke Energy agreed to buy 615,000 Panasonic battery cells from Workhorse Group for $1.3 million. Duke's plan is to explore further development of eFleet solutions to Workhorse customers that may include single-point management and financing of all the Behind the Meter (BTM) infrastructure required to support depot wide electrification, vehicle/battery leasing, as well as distributed energy resources.
Workhorse Group, Inc. (WKHS), closed Thursday's trading session at $0.7397, up 5.90%, on 263,808 volume with 543 trades. The average volume for the last 3 months is 321,251 and the stock's 52-week low/high is $0.37/$3.11.
The QualityStocks Company Corner
- Youngevity International, Inc. (NASDAQ: YGYI)
- Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
- Cannabis Strategic Ventures, Inc. (NUGS)
- Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
- Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
- VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
- Green Hygienics Holdings Inc. (GRYN)
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
- Geyser Brands Inc. (TSX.V: GYSR)
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
- Earth Science Tech, Inc. (ETST)
- Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
- Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF)
- City View Green Holdings Inc. (CSE: CVGR)
Youngevity International, Inc. (NASDAQ: YGYI)
Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, recently announced that its Khrysos Global subsidiary secured a contract to produce 99% pure cannabidiol oil from hemp with no tetrahydrocannabinol (THC). To view the full article, visit: http://nnw.fm/dfn0V. Also today, the company was featured in the 420 with CNW by CannabisNewsWire.
Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.
Youngevity International is dedicated to improving lifestyles through the universal desires of vibrant health and flourishing economics. Catering to health-conscious consumers, Youngevity believes that combining the best of the direct selling industry with the fundamentals and capabilities of a traditional business model will maximize shareholder value. The company’s Nutritional, Lifestyle and Telecommunications products and services are distributed through a global network of Preferred Customers and Distributors.
Youngevity’s wholly owned CLR Roasters LLC business line offers quality branded and private label coffee to retail stores, office coffee services, hospitality, food services, distributors, convenience, petrol stores and vending businesses. Today, CLR Roasters is the largest coffee provider for cruise lines in North America and the second largest roaster in the state of Florida. Producing a consistent premium product with superior taste, CLR Roasters has earned numerous certifications that demonstrate the company’s commitment to the craft of providing the highest quality coffee products using the best practice standards available.
Youngevity, operating in the direct-selling channel, is rapidly expanding its product and distributor base through acquisitions and mergers under an innovative concept called “the Network Cloud” that provides other direct selling companies with a home base. The company’s YoungevityGO2 mobile distributor app, a new technology-driven web platform supporting expansion of global e-commerce and social selling platforms, is available on Google Play and the App Store. In addition to the Network Cloud concept, Youngevity International owns CLR Coffee Roasters which operates a traditional coffee roasting business offering a JavaFit® gourmet product line that vertically integrates with Youngevity and its growing network of direct marketers.
Youngevity International offers more than 1,000 high quality, technologically advanced products under the following categories:
- Health and Nutrition
- Home and Family
- Food and Beverage
- Spa and Beauty
- Essential Oils
- Photo and scrapbooking
- Services for Home and Business
Youngevity International Inc. has compiled a best-in-class management team with a strong track record of success in private and public companies. Steve Wallach, CEO, has nearly two decades of sales and network marketing experience and has successfully guided Youngevity International Inc. to become an international, publicly-traded direct marketing company positioned for worldwide growth. Dave Briskie, president and CFO, has shepherded the company’s development into a fully vertical coffee roasting and distribution company that owns the direct marketing brand JavaFit® and the retail brand, Café La Rica.
Youngevity has also attracted a stunning group of Brand Evangelists who endorse its products. Among these are actress, author and well-known health and wellness activist Marilu Henner; former NBA basket player, Mike “Stinger” Glenn; former NFL wide receiver Drew Pearson; “Greatest Natural Bodybuilder in the World” Gene Nelson; and WNBA champion, Olympic gold medalist Delisha Jones.
Youngevity International, Inc. (NASDAQ: YGYI), closed the day's trading session at $5.71, up 0.88%, on 190,944 volume with 984 trades. The average volume for the last 3 months is 182,980 and the stock's 52-week low/high is $3.167/$16.25.
- NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Secures Notable CBD Supply Contract
- 420 with CNW – Texas Lawmakers to Vote on Cannabis Decriminalization This Week
- Youngevity International, Inc. Reports 2018 Fourth Quarter And Full Year Results
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing the importance of cannabis genetics and The Supreme Cannabis Company Inc.'s (TSX: FIRE) (OTCQX: SPRWF) (FSE: 53S1) recent move to focus on cannabis genetics as a key differentiator in the space. Also today, the company was highlighted in an article explaining how there is one sector in the rapidly growing in the cannabis market that stands out… and that is edibles.
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF), is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees, and culture of innovation. Supreme Cannabis’ mission is to grow the world’s best cannabis and become a leader in the global industry. The company calls its Toronto Venture Exchange stock symbol FIRE “a testament to our passion for cannabis and our obsession with quality.”
Supreme Cannabis believes the world is ready to follow Canada’s lead by ending the 100-year cannabis prohibition and, as Canada’s only coast-to-coast premium cannabis producer, the company sees itself at the center of this global shift.
In August 2018, Supreme Cannabis uplisted its shares to the to OTCQX market in the U.S., where the company trades under the ticker symbol SPRWF. The following month Supreme reported record Q4 revenues of CAD$3.55 million, a 71-percent increase over the previous quarter. Supreme Cannabis also recorded revenue of CAD$8.85 million for its fiscal year ended June 30, 2018, placing it among publicly traded Canadian cannabis companies with the highest reported revenue in their first four quarters of sales.
“As a result of the successful execution of our strategy, we have generated significant revenue growth both for the quarter and the year-end period,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release. “We look forward to building on this growth as we expand domestically and internationally.”
The company’s growth strategy includes key industry agreements, such as its CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY), a global leader in cannabis research, cultivation, processing and distribution. The agreement calls for Supreme to supply Tilray with dried cannabis for support of medical cannabis patients in Canada for the period of one year.
Another key component is the company’s wholly owned 7ACRES subsidiary. The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. Though 7ACRES is Supreme Cannabis’ flagship brand and only currently operating business unit, the company will continue to identify new opportunities to grow its portfolio of companies and build innovative cannabis businesses throughout the world.
7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.
Supreme Cannabis seeks to differentiate 7ACRES from other licensed cannabis producers by producing premium quality product sustainably at scale. “Craft quality, commercial scale” is a slogan the company uses, and the Kincardine greenhouse employs state-of-the-art technology and cultivation best practices to strive toward that goal. Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact the company credits to the high quality of 7ACRES cannabis.
Its customers, Supreme Cannabis management says, are informed and discerning regarding cannabis, and they value a premium brand that respects their product knowledge. The company believes its high regard for customers, premium product quality, and mass cultivation capability has allowed Supreme Cannabis to emerge as Canada’s preeminent premium cannabis producer. In the Canadian cannabis market, the company has established 7ACRES as a premium brand that’s distributed coast-to-coast and commands premium pricing. The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES on average wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.
To further its distribution, in the medical cannabis market Supreme Cannabis has partnered with several Canadian cannabis retailers including Aurora Cannabis, Emerald Health Botanicals, Namaste, Zenabis, and others. The company’s investment portfolio also includes an equity position and long-term global distribution partnership with Medigrow, based in Lesotho, targeting the export of medical cannabis oil for the international market.
Supreme Cannabis seeks to make the company an innovator in the cannabis sector regarding design of cultivation facilities and development of operation excellence metrics. The management team is confident that the 7ACRES flagship brand, the company’s proprietary technology and products, and the company’s culture of passion for cannabis will deliver consistent long-term shareholder value.
Supreme Cannabis Company Inc. (OTC: SPRWF), closed the day's trading session at $1.50, up 0.67%, on 367,512 volume with 363 trades. The average volume for the last 3 months is 692,811 and the stock's 52-week low/high is $0.85/$2.04.
- Why Cannabis Genetics Matter & How to Invest in Innovations -- CFN Media
- Rising Popularity in CBD Based Products Now Projected To Outpace Marijuana
- 420 with CNW – Maine Releases Recreational Marijuana Draft Rules
Cannabis Strategic Ventures, Inc. (NUGS)
Los Angeles based Cannabis Strategic Ventures Inc. (OTC: NUGS) today announces a major addition to its corporate portfolio through the launch of a six-acre cannabis cultivation site expected to produce a minimum of 30,000 pounds of cannabis per harvest, with an anticipation of four to five harvests per year. Also today, the company was featured in the 420 with CNW by CannabisNewsWire. Additionally, NUGS was highlighted today in a publication from Financialnewsmedia.com, examining how cannabis growers are seeking more land to generate more profits… and to keep the shelves full in dispensaries across North America.
Cannabis Strategic Ventures, Inc. (NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.
The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.
Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.
Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.
Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.
Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.
Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.
The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.
Cannabis Strategic Ventures, Inc. (NUGS), closed the day's trading session at $1.32, up 68.69%, on 613,500 volume with 838 trades. The average volume for the last 3 months is 83,879 and the stock's 52-week low/high is $0.75/$5.94.
- Cannabis Strategic Ventures Plants 20,000 Cannabis Plants at New 6-Acre Licensed Site; First Harvest Expected this Summer
- 420 with CNW – Texas Lawmakers to Vote on Cannabis Decriminalization This Week
- Fierce Competition For Cannabis Cultivation Licenses Heat Up In U.S.
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
Lexaria Bioscience Corp. (OTCQX: LXRP) (CSE: LXX) (the "Company" or "Lexaria"), a drug delivery platform innovator, is pleased to announce new appointments to its Scientific Advisory Board, each of whom will contribute advice and recommendations and support related to the Company's scientific research and product development. Lexaria is honored to have the opportunity of working with each of them.
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including nicotine and cannabinoids. To achieve higher absorption rates and fast onset, consumers traditionally defaulted to smoking. Lexaria provides a superior administration method by delivering these substances through a patented process within edible food products, thus eliminating all the harmful health consequences of smoking.
Lexaria’s technology is unique in that it takes advantage of GRAS (Generally Recognized As Safe) food ingredients processed with its patented DehydraTECHTM technology to improve taste, remove odor, and decrease the time to onset of bitter-tasting drugs. Lexaria is primarily a B2B enterprise and has existing cannabinoid licensing agreements with companies in Canada, the largest-market states in the United States, and internationally. Lexaria has entered into a R&D partnership with one of the largest cigarette companies in the world for oral forms of nicotine delivery. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within popular foods such as coffee, tea, and supplements. These brands include ViPova™ and TurboCBD™.
In 2015, Lexaria commissioned an independent third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation improve intestinal absorption as much as 500%. Lexaria has conducted multiple rounds of studies including in vivo and human clinical. In absorption studies conducted on rats, for example, Lexaria detected nicotine in the animal’s bloodstream just two minutes after it entered the stomach. In a randomized, double blinded human clinical study, cannabidiol (CBD) was measure in the human bloodstream at a 317% higher rate 30 minutes after swallowing a capsule processed with DehydraTECH than a non-enhanced capsule of equal strength.
Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D have helped support B2B relationships with Fortune 500 companies. Lexaria has four distinct subsidiaries that focus on different market sectors: Hemp/CBD; Pharmaceutical; Cannabis; and Nicotine.
Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong and growing intellectual property portfolio. As of the end of 2018, the company’s patent portfolio includes 53 patent applications filed and pending in more than 40 countries around the world; and 10 patents granted to date. Lexaria is expecting additional new patent awards both in the U.S. and internationally in 2019 and beyond. Some of its more recent areas of investigation have included human hormones and erectile dysfunction substances, among others.
Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third-partners and has signed royalty deals with start-up companies as well as with a Fortune 100. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has contributed to several multi-hundred million-dollar valuations over the course of his career. He is supported by a growing team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.
Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $1.0775, up 5.90%, on 90,457 volume with 102 trades. The average volume for the last 3 months is 133,432 and the stock's 52-week low/high is $0.75/$2.43.
- Lexaria Bioscience Expands Advisory Board
- Lexaria Bioscience Announces Beverage License Agreement with California-Based Cannabis Company
- Lexaria Bioscience Announces Further Details on Oak Hill Financial Inc. Engagement
Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
Based in Vancouver, British Columbia, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) engages in developing and bringing to market consumer cannabis products, with an emphasis on beverages. The company's primary mission is to become the foremost supplier of water-soluble cannabis solutions and bio-natural oils to the developing beverage and consumables market. Sproutly Canada's ACMPR-licensed facility in Toronto, Ontario, was built to cultivate pharmaceutical-grade cannabis. NOTE TO INVESTORS:The latest news and updates relating to SRUTF are available in the company's newsroom at http://nnw.fm/SRUTF.
Sproutly Canada, Inc. (OTCQB: SRUTF) (TSX.V: SPR) (FRA: 38G) is developing and bringing to market cannabis consumer products with a focus on beverages. The company’s core mission is to become the leading supplier of water-soluble cannabis solutions and bio-natural oils for brands in the emerging cannabis beverage and edibles market.
To make this happen, Sproutly acquired Infusion Biosciences to bring to market a patent-pending Aqueous Phytorecovery Process (APP) technology, a fundamental paradigm shift within the cannabis industry. Replacing traditional water-compatible solutions with true natural water solubility improves the body’s ability to utilize cannabinoids, making the effect of the cannabis almost immediate.
This revolutionary process doesn’t alter the cannabis compounds and provides an onset time and offset time that mimics the same effects as inhaled marijuana. That means consumers may feel effects in five minutes or less and be free from the desired effect in approximately 90 minutes—a vastly different ingestion pattern than current methods. In addition, the water-based cannabinoids can be mixed with other liquids and stay dissolved in those liquids. The application of water-soluble cannabis infusions has potential to be widespread in both medicinal and recreational cannabis sectors, giving Sproutly a distinctive edge in a market with untapped potential.
Sproutly’s business model is focused on processing rather than cultivating, which means its success is not constrained to growing its own cannabis. The company does own a Toronto-based, ACMPR-licensed facility designed and built with a focus on cultivating pharmaceutical-grade cannabis to produce and formulate the first natural, truly water-soluble cannabis solution. Its water-soluble ingredients and bio-natural oils will deliver revolutionary brands to international markets that are searching for well-defined commercial products.
Sproutly’s entrance in the cannabis market is perfectly timed as cannabis is moving towards mainstream acceptance. Potential users are, however, interested in consuming cannabis products as drinks and using it as oils rather than smoking. The potential cannabis beverage market is staggering, and with Sproutly owning the exclusive rights to APP technology in Canada, Australia, Jamaica, Israel and the entire European Union, the company is looking at significant international expansion opportunities.
Sproutly plans to capitalize on these international opportunities by executing on partnerships with local and globally established consumer brands to leverage their existing customer bases, expand brand loyalty, and assist with marketing and support distribution networks to deliver scientific breakthroughs with speed and efficiency?worldwide.
Sproutly believes that talent drives growth. The company is committed to bringing together the best and brightest minds in the cannabis space to help with their mission to disrupt the global beverage and consumables market.
President, CEO and Director Keith Dolo recently served for more than 13 years with Robert Half, an S&P 500, NYSE-listed company. At Robert Half, Dolo held the position of vice president for more than eight years, as well as other senior roles in both operations and sales. He also sits on an advisory committee and a board position for two nonprofits in Vancouver, BC.
Chief Science Officer and Director Dr. Arup Sent has more than 35 years of experience in research and executive management at biotechnology and pharmaceutical companies. He was awarded a PhD in biochemistry from Princeton University and is a former faculty member at the National Cancer Institute and Scripps Research Institute. Sen is the inventor on five U.S. patents and numerous international patents and patent-pending applications.
Chief Financial Officer Craig Loverock is a chartered professional accountant with over 20 years of experience in accounting and finance roles in Canada, the United States and the United Kingdom. He has extensive expertise in public company reporting and transactional experience, having served as the senior financial advisor to the chairman at Magna International and acting as chief compliance officer and CFO for a private equity firm.
Head Grower Frank Han has over 12 years of experience in the horticulture industry. A previous master grower in a large commercial facility, Han has impressive expertise in all growing methods, techniques and procedures. He brings with him a wealth of knowledge in cloning, nutrient and overall plant management. Han will be in charge of the production team at Sproutly’s Toronto Herbal Remedies facility.
Sproutly Canada, Inc. (OTCQB: SRUTF), closed the day's trading session at $0.707505, up 11.88%, on 2,472,358 volume with 851 trades. The average volume for the last 3 months is 567,993 and the stock's 52-week low/high is $0.189/$1.875.
- Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Focusing on Burgeoning Cannabis Beverage and Consumables Market
- 420 with CNW – Guam Legalizes Recreational Cannabis
- Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Celebrates Milestone with Processing License, Sets Stage for Infused Beverages
VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced receipt of local municipal approval for its wholly-owned subsidiary, Canna Farms Limited, for its phase 5 expansion that will add to its Hope, B.C. facility an incremental 2,500 kilograms of indoor capacity. To view the full press release, visit: http://nnw.fm/Azch8.
VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF) is a globally licensed, cost efficient producer of premium quality, organic, standardized medicinal cannabis. One of the earliest licensed medical marijuana producers under Canada’s federally-controlled Access to Cannabis for Medical Purposes Regulations (ACMPR), VIVO has five years of operating experience in the burgeoning medical marijuana space through its flagship operation, ABcann Medicinals, Inc. The company recently received its Health Canada license to produce medical cannabis oils and is working toward production of saleable, extracted, finished products that will lead to a final inspection allowing sales of its oils.
“Receipt of the license to produce cannabis oils is a major milestone in our pursuit to provide our medical cannabis patients with additional product formats that can be precisely dosed. The expansion and innovation of our product lines are a top priority for the Company as we continue to serve the needs of our customers, and we anticipate strong demand for our cannabis oil products,” VIVO CEO Barry Fishman said.
VIVO owns and operates a fully functioning 14,500 square foot facility in Napanee, Ontario, which is being doubled in size to produce 1,400 kg of cannabis per year. The company’s expansion plans include adding a seasonal greenhouse and a hybrid, multipurpose facility, capable of producing 31,000 kg of cannabis per year between the two facilities, to be constructed on 65 acres it already owns near the Napanee facility. This additional location is properly zoned with existing infrastructure in place for an eventual 1.2 million square feet of production space.
VIVO has built a reputation over the years for its best-in-class standardized approach to growing cannabis that includes the absence of pesticides and a computer monitored growing technique that provides a consistent, pharmaceutical-grade with high yields. The company’s custom, scalable growing chambers with proprietary lighting can be replicated anywhere in the world, leading to lower production costs. This technique has helped it record a customer retention rate of 94.7 percent alongside 30 percent month-over-month customer growth. When combined with VIVO’s current yield rate, which it has measured at roughly 100 percent greater than the industry average, the company has constructed a strong foundation upon which to build a sizable presence in the global cannabis industry.
This global growth potential is illustrated by VIVO’s partnership with Israel’s Syqe Medical, producer of the world’s first selective-dose pharmaceutical grade medicinal plant inhaler. After visiting VIVO’s production facility, Perry Davidson, founder of Syqe Medical, noted that the company’s production technologies put it “in a class with the best in the world” in its ability to produce standardized pharmaceutical grade cannabis.
VIVO’s recent acquisition of Harvest Medicine Inc. represents further progress toward the company’s goal of becoming a vertically integrated medical cannabis company. Harvest Medicine is one of the fastest growing medical cannabis clinics in Canada – adding over 1,200 new patients monthly from a single location – with an aggressive expansion plan and a patient-focused approach that perfectly aligns with VIVO’s philosophy of quality and innovation.
VIVO’s seasoned management team, board of directors and advisory board features well over a century of combined industry experience. Fishman, who has over 20 years of experience as a business leader, previously served as CEO of both Teva Canada and Taro Canada, as vice president of marketing at Eli Lilly Canada, and as past chair of the Canadian Generic Manufacturers Association. He most recently served as CEO of international specialty pharmaceutical company Merus Labs.
Notably, VIVO also has access to the ‘Father of Cannabis Research’, Raphael Mechoulam, PhD, through its board of advisors. An organic chemist and professor of medicinal chemistry at the Hebrew University of Jerusalem, Mechoulam was the first scientist to isolate both cannabidiol (CBD) and tetrahydrocannabinol (THC). He has received more than 25 prestigious academic awards, including the Rothschild Prize in Chemical Sciences and Physical Sciences in 2012.
With more than 65 acres of growth capacity, a healthy cash balance to fund upcoming construction efforts, steady sales growth, industry-leading yield rates and an established operations team in place, VIVO is well positioned to compete in the rapidly expanding Canadian cannabis industry and beyond.
VIVO Cannabis Inc. (VVCIF), closed the day's trading session at $0.6729, up 0.43%, on 399,885 volume with 175 trades. The average volume for the last 3 months is 325,608 and the stock's 52-week low/high is $0.413/$1.529.
- NetworkNewsBreaks – VIVO Cannabis Inc.'s (TSX.V: VIVO) (OTCQX: VVCIF) Canna Farms Receives Local Municipal Approval for B.C. Facility Expansion
- NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) to Post Q4, Full Year 2018 Financial and Operating Results on April 30
- VIVO Cannabis(TM) to Report Fourth Quarter and Full Year 2018 Financial and Operating Results
Green Hygienics Holdings Inc. (GRYN)
Green Hygienics Holdings Inc. (OTCQB: GRYN) ("GRYN" or the "Company"), an innovative, full-scope, science-driven, premium cannabis cultivation and branding enterprise, is pleased to announce it has secured licenses for the cultivation and processing of hemp in the State of Michigan.
Green Hygienics Holdings Inc. (GRYN) is a full-scope, premium cannabis cultivation company targeting the high-end medical and adult-use recreational market. With more than 25 years of experience in agricultural science and innovation, Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The company will grow by generating revenues from the sales of premium grade cannabis products, developing and licensing valuable IP, making strategic acquisitions, and creating trusted global consumer brands.
The company has integrated and is developing its own IP assets related to proprietary systems and apparatus, software, algorithms and custom-engineered hardware. This provides ultimate efficiencies in a commercially controlled cultivation environment. Utilizing the advantages of hybrid-aeroponics, Green Hygienics creates a sterile growing environment that produces consistent, high-quality product while maintaining the lowest possible carbon footprint. The company utilizes state-of-the-art, quality-controlled commercial cultivation methodology to assure production of pharmaceutical-grade cannabis at much higher yields and greatly reduced costs.
Hybrid-aeroponics produces quality cannabis faster than traditional methods since it doesn’t require natural sunlight or soil and can be operational and produce plants anywhere. Plants grown under aeroponic conditions receive water and nutrients directly to their roots via a fine mist in a controlled environment, dramatically reducing spoilage while keeping the product organic and the environment pest-free. The plants are given the exact amount of nutrients and moisture precisely when needed. Green Hygienics maintains ultimate control over every aspect of this cultivation process, which allows the company to operate with conservation of natural resources in mind. The technology that uses 90-95 percent less water and does not require the use of pesticides or fungicides.
Additionally, the company’s state-of-the-art engineered, controlled environments include electrical, mechanical and HVAC designs that meet mandatory fire and energy codes while improving energy efficiency significantly.
Through these practices, Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The company continues to develop and incubate software as well as engineer hardware to provide additional control over the commercial cultivation method. The company’s science-based approach reveals any growth anomalies before the human eye can see them. This makes it possible to monitor all facets of production, identify cultivation problems based upon scientific data, and implement immediate corrective action, if needed.
The future of commercial cannabis cultivation hinges on using science to control the growing environment in order to remain competitive and deliver a premium grade of product on a consistent basis. The company holds a competitive advantage through its ability to produce premium cannabis products at a significantly lower cost per gram than direct competitors and others in the cannabis industry.
Innovations within the sector that create efficiencies and successful brands will become highly valued. Green Hygienics and its forward-thinking management team are constantly studying the market dynamics of the cannabis industry in North America and abroad while actively pursuing possible expansion opportunities. The company is headquartered in Las Vegas, Nevada and establishing operations in San Diego, California, targeting the $5 billion California cannabis market.
Green Hygienics Holdings Inc. (GRYN), closed the day's trading session at $0.67, up 1.52%, on 27,253 volume with 22 trades. The average volume for the last 3 months is 28,620 and the stock's 52-week low/high is $0.07/$0.722.
- Green Hygienics Holdings Inc. Secures Licenses for Cultivation and Processing of Hemp in the State of Michigan
- Green Hygienics Holdings Inc. (GRYN) Demonstrates Strategic Acumen with Acquisition of Leading CBD Processor Coastal Labs LLC
- 420 with CNW – First Medical Cannabis Greenhouse Opened in Sydney
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, is focused on securing financing and land to start construction of its low-cost Shymanivske iron ore project in the historically rich Kryvyi Rih region of Ukraine. To view the full article, visit: http://nnw.fm/3caIk.
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development company advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine. Black Iron’s Shymanivske project is situated in the southern part of the historic KrivBass iron ore mining district, a highly developed iron ore mining region with well-established infrastructure and nearby skilled labor forces. Surrounded by seven producing iron ore mines, the Shymanivske project will produce an ultra-high-grade, 68-percent iron ore concentrate with few impurities at very low cost.
Iron ore concentrates are one of the essential raw materials used by the steel industry to either make sinter or highly valued pellets. Black Iron’s concentrate can be used in either application and is an ideal source to make pellets since it does not need to be ground finer and contains very few impurities. According to the CRU Group, an internationally recognized top global business intelligence provider and consultancy specializing in commodities, there is a growing global shortage of pellet feed resulting in a supply/demand gap of 133Mt against the current base of approximately 400Mt consumed by 2035. According to a recent report issued by Zion Market Research, the global iron ore pellets market was valued at around US$25.22 billion in 2017 and is expected to reach US$50.12 billion by 2024, growing at a compound annual growth rate (CAGR) of 8.1 percent between 2018 and 2024 (http://nnw.fm/2vaDR).
Countries around the world, most notably China (http://nnw.fm/Je8gs), have instituted regulatory changes to curb polluting emissions from steel mills through numerous methods, including encouraging a shift to higher grade iron feed products such as pellets as less coal needs to be burnt per ton of steel produced.
Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68-percent iron content product in the production of steel is a value-added product to customers since it increases blast furnace productivity and reduces greenhouse gas emissions generated per ton of steel produced.
The project’s proximity to rail lines (1 mile), electrical power (20 miles), sea ports (140 to 260 miles) and a skilled workforce (6 miles) significantly reduces the up-front construction costs and allows for the mine to be built in a phased approach. The Shymanivske project has been ranked by the CRU Group in the lowest position of the business cost curve for pellet feed projects currently under development and as the second lowest in capital intensity (construction capital divided by annual production) within CRU Group’s extensive database (http://nnw.fm/3MXsT). This low-cost position makes the project economics very robust to any shocks in iron ore price while providing a very high return at current and forecast prices.
Black Iron continues to advance its project on several fronts including construction funding and off-take agreements (http://nnw.fm/tQ4g2). Discussions with Ukraine’s Ministry of Defense to transfer a parcel of land required by the company for location of its processing plant, waste rock and tailings are nearing finalization, as are discussions with the Kryviy Rih City Council to lease a portion of the surface rights currently under that body’s control. The recent engagement of Ivan Markovich as Black Iron’s Vice President of Government and Community Relations will assist the company in these endeavors given his extensive network of relationships with senior Ukraine government officials.
The Shymanivske project holds a mining allotment permit for a large iron ore deposit with a NI 43-101 compliant resource estimated to contain 646 Mt (million tons) Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6% total iron and 18.8% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off grade of 10% magnetic iron. Additionally, there are 188 Mt of Inferred mineral resources grading 30.1% total iron and 18.4% magnetic iron.
Full mineral resource details and project economics can be found in the NI 43-101 compliant technical report entitled “Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit” effective November 21, 2017, under the Company’s profile on SEDAR at?www.sedar.com.
Black Iron’s management and board of directors is stacked with experts well-versed in successfully building and operating iron ore projects. CEO Matt Simpson, P.Eng. is the former general manager of Mining for Rio Tinto’s Iron Core Company of Canada and worked for Hatch designing global metallurgical refineries. He is also a Qualified Person as defined by NI 43-101. Chairman Bruce Humphrey is the former COO of GoldCorp and former chairman of Consolidated Thompson Iron Ore mines which was sold to Cliff’s resources for US$4.9 billion.
Les Kwasik, COO, has over 40 years of hands-on experience building and operating mines globally with companies such as INCO (VALE) and Xstrata (Glencore). Paul Bozoki, CFO, is the former CFO of CD Capital Partners, operating in the Ukraine. Bill Hart, senior vice president of corporate development, has over 30 years of experience selling iron ore while working for Rio Tinto, Cliffs Natural Resources and most recently Roy Hill Holdings Ltd. Ivan Markovich was recently engaged in the capacity of Black Iron’s vice president of Government and Community Relations to leverage his extensive network of relationships with senior Ukraine government officials.
Black Iron Inc. (BKIRF), closed the day's trading session at $0.0679, up 2.88%, on 3,250 volume with 5 trades. The average volume for the last 3 months is 56,205 and the stock's 52-week low/high is $0.0285/$0.0939.
- NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Focuses on Securing Financing, Land for Shymanivske Project
- NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Anticipates Strong Economic Return from Shymanivske Project
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advancing Shymanivske Iron Ore Project, Closing Final Tranche of Private Placement
Geyser Brands Inc. (TSX.V: GYSR)
Geyser Brands Inc. (TSX.V: GYSR) is a consumer healthcare company that builds and markets some of the world's most loved cannabis products and brands in the nutraceutical, cosmetics, food and beverage and pet sectors. Using its proprietary nanotechnology formulation, the company delivers creams, beverages, baked goods and tincture formulations with superior bioavailability and water solubility.
Geyser Brands Inc. (TSX.V: GYSR) is a consumer healthcare company that builds and markets some of the world's most loved cannabis products and brands in the nutraceutical, cosmetics, food and beverage and pet sectors. Using its proprietary nanotechnology formulation, the company delivers creams, beverages, baked goods and tincture formulations with superior bioavailability and water solubility.
The efficacy of most hemp?products is restricted as the insoluble nature of the molecules prevents most of the product from permeating the skin or entering the body system. Geyser Brands solves this insolubility problem with an advanced delivery system that quickly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency.
Made with all-natural materials, NanoFusion technology offers an array of advantages: enhances penetration for deeper skin penetration; improves the transport of active ingredients for site-specific targeting; delivers active ingredients across cell membranes for release within the cell; provides longer shelf-life and stability of molecules.
Geyser Brands operates a 7,000-square-foot facility in Port Coquitlam, British Columbia, where its initial cannabis cultivation generated the first revenues out of the company's cultivation license granted in October 2018. Geyser Brands is approved as a licensed producer in compliance with Health Canada standards, which allows the company to pursue its processing and sales license. Obtaining this license will enable the company to extend its products and brands into the regulated Canadian cannabis market and directly to the consumer medical market.
Geyser Brands's integrated production chain and formulation lab develops innovative products using high-quality hemp and CBD for healthy lifestyle brands while its R&D lab produces product formulations designed to enhance bio-availability of hemp and CBD and shelf stability while maintaining all-natural ingredients and ensuring premium quality.
Geyser Brands will continue to seek opportunities to invest into the research and development of unique high-quality proprietary strains and technologies that target specific health-related conditions such as pain and inflammation reduction, insomnia, digestive issues and other commonly known ailments.
Among the brand formulations in Geyser Brand's portfolio are:
- Apothecary all-natural Hemp Terpene Pain Cream with optimal skin permeation
- Prohibition Cold Brew Mocha designed with water soluble hemp molecules
- Apothecary health products created to deliver fast-acting and high bioavailability in a spray formulation
- Baked hemp infused pet products, designed to alleviate anxiety and pain, created with NanoFusion for dosage control
Since 2014, Geyser Brands' CEO and Co-Founder Andreas Thatcher has been a principal at Rhizome Group, an entertainment company focused on building media IP through creative and market development. He previously was a founding partner at Rhizome Capital LLC, a U.S.-based media?investment?company specializing in marketing and distribution financing, and worked in the Investment Banking industry in?London and Toronto. Thatcher holds a master's degree in economics.
CFO Barry McKnight obtained his bachelor's degree from the University of British Columbia and is a Chartered Professional Accountant and?Certified Management Accountant registered in British Columbia. McKnight has over 20 years of experience as the principal of Barry D. McKnight Inc. He formerly was also a director of Indigo Sky Capital Corp. and has been the CFO and a director of the Company since 2016 and Corporate?Secretary of the Company since 2017.
Geyser Brands's Co-Founder Brad Kersch brings a strong business background with over 20 years of experience in?successful startups and working?with Fortune 500 companies. He spent his early years in the advertising and?marketing field and went on to form Hyperware, a clothing?company that sold branded clothing to retailers across Canada?before selling to clothing giant Ocean Pacific (OP). Kersch?became the president of Shoreline Studios, Canada's largest and?oldest?studio for film and TV. In 2014 he started Solace Management Group, a hemp product company focused on pet, cosmeceutical, and nutraceutical markets. As of February 2019, Geyser Brands signed a non-binding LOI to acquire Solace Management. Upon completing the proposed Solace acquisition, Geyser Brands intends to launch into the execution phase of its plan — to take its brands global through retail and digital direct-to-consumer experiences, launching its hemp-infused cannabis brands and products in the U.S., European Union, and Asia, and its CBD-infused line of products in jurisdictions where the therapeutic ingredient is legal.
Kuldip Gill, head of Geyser Brands' R&D program, has more than 35 years of experience in the cannabis industry. Gill built the largest manufacturing facility?in the lower mainland in Surrey, British Columbia, complete with R&D, analytical and quality control labs approved by both the FDA and Health Canada. He has to date created over 3,500 formulas, most notably Lakota pain relief gel. Gill's experience and proven track record is evident in the strongly marketable formulations he has developed and sold worldwide.
Geyser Brands Inc. (TSX.V: GYSR), closed the day's trading session at $0.80, off by 5.88%, on 31,833 volume with 11 trades. The average volume for the last 3 months is 7,421 and the stock's 52-week low/high is $0.61/$0.85.
- Geyser Brands Inc. (TSX.V: GYSR) is "One to Watch"
- CannabisNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Engages London-Based Agency Brandeavour for Brand Development
- Geyser Brands Appoints London-Based Agency Brandeavour for Geyser and Subsidiaries' Brand Development
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
The cannabis bonanza has created a rare window of opportunity for companies that are able to capture market share and create long-term success. Brand recognition and retail reach look to be key to obtaining these lucrative rewards. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) announced intentions to further expand its footprint with the acquisition of premier licensed cannabis retailer, City Cannabis Corp.
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a public cannabis company developing and designing brands that focus on plant-based wellness and health products. Wildflower markets its full-spectrum CBD products to retailers in the health and wellness space throughout the United States and in legal cannabis markets in accordance with regulations marketing its THC and CBD products.
Headquartered in Vancouver, British Columbia, Canada, Wildflower employs a unique and holistic business model that encompasses research and development, manufacturing, distribution, marketing and retail. First launched in 2012 as a private company with a cannabis-focused brand, Wildflower went public in 2014 and has since reached numerous significant milestones in its drive to create brands that work in synergy toward becoming a global wellness brand leader.
Gathered within the growing family of Wildflower brands are the following entities:
- Wildflower Wellness is known for its reputable brand, uncompromising quality and mission to connect people with the healing power of plants. Wildflower Wellness offers CBD vaporizers, capsules, tinctures, soaps and topicals that are backed by a 100 percent satisfaction guarantee. Wildflower Wellness offers a full lineup of full spectrum CBD extract infused products made in the U.S. in Wildflower’s GMP facilities which are always third-party lab tested for quality assurance and accurate labeling.
- King Extracts is a California-based company focused on cannabis technology and delivery systems. The King Recharge is a discreet, 97mm small, rechargeable vaporizer with a sleek pocket-sized charging and storage case. King concentrates are clean and sophisticated blends made from CO2 extractions that are fractionally distilled for clarity and purity with proprietary terpenes blended in to deliver a robust, full-flavor profile. King products are available at 26 select, regulated retail dispensaries in California.
- Exclusive is a dispensary of high-quality cannabis products and accessories serving the city of Los Angeles, California. The company enjoys a close association with select hospital oncology departments and community programs.
Using the slogan “Plants Heal,” Wildflower’s distribution network in the U.S. includes 200+ retailers in Washington state and 20+ retailers in New York City. Wildflower has also partnered with Retail Worx to establish shop-in-shop retail locations in the heart of New York City which pairs nicely with the introduction of Wildflower into existing Bridges General’s stores in New York City and San Francisco. Through this partnership with Retail Worx, Wildflower by Bridges General stores will have exclusive product offerings in addition to the full lineup of existing Wildflower Wellness CBD products. Distribution in other U.S. markets includes 80+ wellness and healthcare practitioners with a total distribution of over 300 stores nationwide.
Wildflower holds 14 California cannabis licenses that cover recreational and medical cannabis cultivation, manufacturing, distribution and retail/delivery in the jurisdictions of California state and the city of Los Angeles. Opportunities to activate these licenses creates the phenomenal potential of driving significant revenues while minimizing risk. Expansion plans into Canada are underway with discussions centered on retail acquisitions and Wildflower launching into over-the-counter market with its CBD product line. Global expansion is a key part of Wildflower’s strategy with initial plans aimed at specific international markets where regulatory hurdles are less restrictive.
In December 2018, Wildflower began on-demand, legal and licensed cannabis delivery services to adult consumers in the Los Angeles area and has hired dozens of full-time delivery drivers to accommodate this unmet need. Wildflower has partnered with leading technology and logistics company Eaze.com to help route deliveries efficiently, manage inventory and comply with California law. Providing legal, licensed delivery services helps to ensure that all adults including those with mobility challenges and limited access to transportation services can purchase high quality, legal cannabis products.
Wildflower’s direct-to-consumer online store sales have shown an organic growth. The Company recently achieved over 300 percent growth in online sales since January 2018 with annualized revenues exceeding $1 million for online sales only, marking the ninth consecutive quarter of increased revenue.
William MacLean is the founder and CEO of Wildflower Brands Inc. His involvement in all aspects of the business from product R&D to manufacturing setup has led the Company to its current success. MacLean is a seasoned sales professional with over 20 years of experience in various industries from advertising and marketing to medical sales. While in the advertising and marketing space, his clients included major brands including: Bell, Remax, BC Hydro, and Royal Bank.
CFO Stephen Pearce is a director and officer of a number of public companies in the resource sector. His professional experience as a practicing attorney is primarily in corporate and securities work. Pearce’s academic background includes an honors bachelor’s degree in economics from York University, in which he focused specifically on corporate finance. Pearce obtained a law degree from the University of British Columbia.
Alfred Kee, COO, is a business technology leader with over 15 years of experience in building high performing teams at small startups to large enterprises. With foundations in running large scale business critical technology and user experience product management mindset, Kee excels at guiding teams to deliver business value with agility. His knowledge and experience were honed while working with Electronic Arts, KPMG, CenturyLink, Cisco and Apple, as well as a string of successful startups. Lee brings a global perspective having lived and worked through parts of the U.S., Canada, Europe and Asia.
Creative Director Amy Yamamura is a founding member of Wildflower and has been a driving force behind the Company from the start, creating the Wildflower brand. After receiving a bachelor’s degree in communications from Boston University, Yamamura returned to Tokyo to develop her career in TV as an international business correspondent coordinating collaborative projects between top creators around the world and corporations. Yamamura’s unique experience in working closely with successful Japanese brands like UNIQLO has given her exceptional eyes for branding a company.
Wildflower Brands Inc. (WLDFF), closed the day's trading session at $0.5437, off by 0.75%, on 3,238 volume with 10 trades. The average volume for the last 3 months is 22,982 and the stock's 52-week low/high is $0.009/$1.139.
- Untapped Cannabis Market Offers Spectacular Growth Opportunities
- Wildflower Featured in CannabisNewsWire Publication Spotlighting Spectacular Growth in Cannabis Market
- The Cannabis Bonanza Has Just Begun
Earth Science Tech, Inc. (ETST)
Earth Science Tech, Inc. (OTCQB: ETST) ("ETST" or the "Company"), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields, medical devices, and research and development, announces that its highly-anticipated As Seen On TV 60-second spot infomercial with esteemed entrepreneur Kevin Harrington began airing, April 23, 2019, in the New York City viewership area.
Earth Science Tech, Inc. (ETST) is an innovative biotechnology company operating in the fields of hemp cannabinoid (CBD), nutraceutical, pharmaceutical and medical device research and development. Earth Science Tech offers the highest purity and quality, full-spectrum, high-grade hemp CBD (cannabidiol) oil on the market. Made using the supercritical CO2 liquid extraction process, the company’s CBD oil is 100 percent natural and organic. Earth Science Tech has partnered with the University of Central Oklahoma and DV Biologics Laboratory to conduct research and development projects that scientifically support and advance the healthcare benefits of its high-grade hemp CBD oil.
Earth Science Tech Inc. currently has three wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:
- Earth Science Pharma, Inc., which is committed to development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. Earth Science Pharmaceutical CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. Earth Science Pharma is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.
- Cannabis Therapeutics, Inc. (“CTI”), which is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds a provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers.
- KannaBidioiD (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused edibles and vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.
Earth Science Tech celebrated a significant, developmental year during 2017 by sharing its achievements in a condensed end-of-year report. Among the report’s highlights are the implementation of a development plan for the coming three years, which includes expanding into Canada and opening new manufacturing and shipping facilities. Of particular interest is the acquisition of Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada, which gives Earth Science Tech access to Canadian government grants offered to innovators in the pharmaceutical industry. ETST has also launched development of proprietary prophylactic therapies utilizing cannabidiol (CBD) to treat various forms of breast cancer.
In October 2017, ETST announced it is cooperating with the Clinique SIDA Amité (AIDS Friendship Clinic) for a mini-clinical trial, the last trial needed before the MSN-2 device, designed for the detection of STIs, enters molecular diagnostic trials. And in November 2017, the company began pre-launch human trials on a new CBD formula to fight against the U.S. opioid epidemic. The new formula, expected to decrease cravings and the negative effects of withdrawal in addicts, is based on industrial hemp CBD mixed with a known natural ingredient proven to help increase dopamine levels. ETST’s medical devices will first be launched in Vietnam, Djibouti and Morocco while the company awaits regulatory permission to enter the North American market.
The company expects to up-list to the OTCQB in early 2018, which management believes will attract well-funded institutional investors and pave the way to becoming the next billion-dollar-in-capitalization company on the OTC markets. Other highlights include completion of the company’s Scientific Advisory Council with a team of recognized scientists, the launching of several CBD-infused edible products and entry into the medical devices market through collaborative partnerships.
Earth Science Tech has signed a collaborate agreement with Laboratories BNK Canada, a private laboratory that will conduct the clinical studies necessary for MSN-2 medical device-related services to meet regulatory requirements. ETST has confirmed the MSN-2 device’s ability to detect chlamydia, and is working to validate similar results for gonorrhea, both highly infectious diseases that often have permanent consequences for patients. ETST will also add testing for trichomoniasis and a complete body fluid panel to detect the different serotypes of the human papillomavirus (HPV) that causes cervical cancer. These additions will help the company create sales opportunities in the global market for diagnostic testing of STDs that Transparency Market Research has indicated will grow to $108 billion by 2019.
Cannabis Therapeutics is in the development stage of two cannabinoid-based pharmaceutical drugs and three cannabinoid-based nutraceutical products targeting a variety of ailments such as anxiety, depression, triple negative breast cancer, and fatty liver disease, among others. Research into the benefits of the non-psychoactive cannabinoid molecules found in the cannabis plant is supported by ETST’s International Application for Provisional Patent titled “Cannabidiol Compositions Including Mixtures and Uses Thereof,” which was filed on October 8, 2015. Cannabis Thera’s R&D efforts are concentrated on developing CBD-based drugs and nutraceutical products and in working to integrate the CBD molecule with existing generic drug molecules to create more efficient medications with fewer and less severe side effects. A report in Hemp Business Journal predicts the CBD consumer market will grow to $2.1 billion by 2020, while other industry experts expect an increase to almost $3 billion by 2021. A recent report by Statista projects the U.S. consumer market for cannabinoid-based pharmaceuticals could reach $50 billion by the year 2029.
The management team at Earth Science Tech brings decades of invaluable experience to the nutraceutical, dietary supplement field as well as the life sciences sectors. Nickolas S. Tabraue, who serves as the president, director and chief operating officer, is an industry veteran with extensive knowledge of supplements, retail management, customer service and sales expertise. He is joined by CEO and CSO Dr. Michel Aubé, a microbiologist whose scientific research in sexually transmitted infections, cancer and stem cell biology has been widely published in several prestigious medical journals. Sergio Castillo, chief marketing officer, and Gabriel Aviles, chief sales officer, bring a wealth of marketing and sales experience to Earth Science Tech, which is complemented by Issa El-Cheikh, Ph.D., and his 25 years in the international finance, accounting, planning and execution of large scale transactions in the public and private sectors.
Earth Science Tech’s products include CBD, a natural constituent of hemp oil derived from hemp stalk and seed. EST offers CBD in the form of vitamins, minerals, herbs, botanicals, personal care products, homeopathies, functional foods and other products delivered in such forms as capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs. Earth Science products can be found at retail stores throughout the United States and are available for purchase through the internet.
Earth Science Tech, Inc. (ETST), closed the day's trading session at $0.511, off by 14.83%, on 225,268 volume with 89 trades. The average volume for the last 3 months is 30,500 and the stock's 52-week low/high is $0.421/$2.45.
- Earth Science Tech, Inc. (ETST) Premiered Kevin Harrington's 'As Seen On TV' Infomercial Featuring Client Testimonial Has Commenced
- Anticipating Growing Demand, Earth Science Tech Inc. (ETST) Extends Reach into Burgeoning Cannabinoid Market
- NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Expands Distribution of Full-spectrum CBD to Include Pharmacies
Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF) was highlighted today in a report by CannabisNewsWire looking at the explosive growth recently seen in the cannabis industry, which presents a rare chance for savvy companies to profit in a virtually untapped market.
Choom Holdings Inc. (OTC: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s "Choom Gang," a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with "choom," the local's term for marijuana. Choom's trademark slogans pivot off another unconventional phrase ("Say Hello to…"), bringing a heady dose of good times and good friends together as the company invites investors to "Say Hello to Choom™" as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company's first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom's initial license applications to ensure the company's readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company's character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1's revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic "Aloha" vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company's growth strategy. Get ready to "Say Hello" to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed the day's trading session at $0.391, off by 1.44%, on 275,557 volume with 157 trades. The average volume for the last 3 months is 615,264 and the stock's 52-week low/high is $0.285/$1.129.
- Untapped Cannabis Market Offers Spectacular Growth Opportunities
- Canada Prepares for 420: Canadian Cannabis Companies Open Their Doors for April
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Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF)
Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF) is pleased to announce it will be releasing its 2018 year-end audited financials aftermarket on Monday, April 29th and will be hosting a conference call to discuss these results on Tuesday, April 30th, 2019 at 9:00 AM EST (6:00 AM PST).
Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a leading global developer and provider of Push-to-Talk Over Cellular ("PTT/PoC") systems for enterprise customers. The company specializes in connected vehicle products for professional fleets and markets its products under the Uniden® Cellular brand.
Since its inception in 2012, Siyata has amassed a customer base that includes cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia and the Middle East.
Recognized by the Toronto Venture Stock Exchange in 2018 as a Venture Top 50 Company, Siyata aims to deliver the highest quality and most technologically advanced mobile communication devices for global corporate workforces, fleets, homes and buildings.
The company has long been an industry pioneer, delivering the world's first 3G connected vehicle device as well as the world's first 4G/LTE vehicle mounted smartphone for First Responders and commercial fleets and vehicles.
Siyata is headquartered in Montréal, Québec, Canada.
Siyata's suite of technology includes numerous PTT and legacy devices, as well as cellular boosters designed to improve cellular signals in corporate warehouses, government embassies, retirement home campuses, banks and manufacturing plants.
The company's flagship product, the Uniden UV350, is the world's first vehicle-mounted 4G/LTE smartphone with crystal clear quality, carrier grade PTT, voice, text, video and data applications built into a single device. Specifically designed for First Responder and commercial fleet vehicles, the UV350 runs on cellular LTE networks that provide nationwide and global coverage, replacing traditional single purpose two-way radios that require a monthly fee and limited network coverage.
The Uniden UV350 is currently available through Bell Mobility, Canada's largest LTE network and PTT community. Expanding its availability, Siyata is completing network approval with two North American Tier 1 operators to launch the UV350 in the U.S. in 2019.
CEO and Chairman Marc Seelenfreund is the founder of Siyata. He is also the founder of Siyata's parent company, Accel Telecom, an Israel-based company that specializes in importing and distributing innovative cellular and IP devices to fixed line operators and mobile providers within Israel. Prior to establishing Accel, Seelenfreund was a vice president at Sunrise Corporation in New York where he focused on financing publicly traded technology companies. Seelenfreund has a law degree from Bar Ilan University, is a board member at Israel's leading private university, and has served as an officer in the Israel Defense Forces.
Glenn Kennedy, vice president of sales, has over 25 years of sales experience in the telecommunications industry. Prior to joining Siyata in 2016, Kennedy managed sales nationally for Motorola Canada, HTC Communications Canada, and Sonim Technologies. He holds a bachelor's degree in honors business administration from the Richard Ivey School of Business at the University of Western Ontario.
CFO Gerald Bernstein, a professional chartered accountant, has spent 20 years focusing on private equity financing and tax efficient corporate structuring in multi-jurisdictional arenas. He holds a bachelor's degree of commerce as well as a graduate diploma in public accountancy from McGill University. Bernstein has been a member of the Canadian Institute of Chartered Accountants since 1987.
Gidi Bracha, Vice President of Technology, has served in this position since 2011 and spearheaded the development of both the Truckfone, Voyager and UV350. Bracha served in various key positions at Cellcom, Israel's leading cellular provider, including head of car mobility products and director of type approvals. Bracha served as an engineer technician in the Anti-Aircraft division of the Air Force in the Israel Defense Forces and holds a bachelor's degree in engineering and business management from the University of Derby.
Siyata Mobile Inc. (SYATF), closed the day's trading session at $0.373, off by 3.79%, on 28,000 volume, with 7 trades. The average volume for the last 3 months is 54,836 and the stock's 52-week low/high is $0.254/$0.446.
- Siyata to Release 2018 Year-End Financials April 29, 2019 and Host Investor Conference Call
- Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is "One to Watch"
- Leading Israeli Cellular Carrier, Pelephone, Launches Siyata Mobile's UV350 and UR7
City View Green Holdings Inc. (CSE: CVGR)
City View Green Holdings (CSE: CVGR) today announced its entry into an LOI with a financier for the purchase leaseback of its Brantford facility and property. Under the agreement, City View will exercise its option to purchase 49 Easton Road in Brantford and transfer that purchase option to the financier. To view the full press release, visit: http://nnw.fm/rJH0J.
City View Green Holdings Inc.'s (CSE: CVGR) (formerly Icon Exploration Inc.) primary objective is to create a well-diversified company focused on assessing and potentially acquiring targets in the cannabis industry. Icon Exploration recently signed a formal share exchange agreement relating to its proposed acquisition of privately held City View Green (“CVG”), a vertically integrated cannabis company incorporated under the laws of Ontario, Canada. CVG’s application to Health Canada for an A6ccess to Cannabis for Medical Purposes Regulations (“ACMPR”) license is now at the in-depth review stage of the licensing process.
CVG is preparing a 40,000-square-foot growing facility near Toronto to produce pharmaceutical-grade cannabis once its ACMPR license is granted. About half of the facility will initially be outfitted with state-of-the-art LED lighting, HVAC and dehumidification systems, and automation technologies to optimize the quality, safety and consistency of cannabis production. About 4,000 square feet will be devoted to an extraction laboratory featuring an ultra-efficient CO2 supercritical extraction process with plans to include ethanol extraction technology in the future.
Another 4.3 acres remains available for future construction of up to 125,000 square feet of grow and extraction space. Production plans include producing high quality edible products, distillates, and water-soluble products for the rapidly expanding CBD-infused (cannabidiol) beverage market.
Icon and CVG have assembled a talented team that includes a Master Grower with cannabis-industry experience to manage indoor grow operations and an extraction expert whose expertise in developing and launching new products was honed while working in Washington state’s cannabis sector. Having gained experience in the Washington state market the extraction expert has a number of brand ideas and recreational cannabis products that became popular in the Washington market as well as a number of in-licensing branding opportunities available to CVG. CVG has also negotiated an agreement with a private company seeking 37 retail cannabis licenses in Alberta, Canada, that provides a reciprocal exchange of shares, product, shelf space and distribution lines. Early discussions with various entities in Europe to arrange an off-take agreement for CBD oils and extracts are also underway.
The Canadian medical cannabis market has steadily been growing with an average 10 percent increase in patients each month. Now that the Canadian federal government has legalized recreational cannabis for adult users nationwide, analysts project a compound annual growth rate of nearly 78 percent from 2018 to 2021, reaching an estimated $3 billion by 2021, ArcView Market Research reports. One study from Deloitte pegged the potential economic impact of legalized medical and recreational marijuana in Canada – including transportation, licensing fees and security – at more than $22 billion over the coming years. Health Canada’s most recent data show that sales of cannabis extracts grew 961 percent in the second quarter of 2017, compared to an 89 percent increase in growth of dried cannabis during the same period.
City View Green Holdings Inc. (CSE: CVGR), closed the day's trading session at $0.115, off by 8.00%, on 387,565 volume with 49 trades. The average volume for the last 3 months is 407,011 and the stock's 52-week low/high is $0.10/$0.465.
- NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Enters LOI for Brantford Facility Purchase Leaseback
- City View Green Holdings Inc.'s (CSE: CVGR) Retail Partner Names New CEO in Important Move for Both Companies
- NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) to Tackle Cannabis-Edible, Beverage Markets
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