The QualityStocks Daily Stock List
- Novo Integrated Sciences, Inc. (NVOS)
- China Health Industries Holdings, Inc. (CHHE)
- Concrete Leveling Systems, Inc. (CLEV)
- DionyMed Brands, Inc. (DYMEF)
- Grand River Commerce, Inc. (GNRV)
- Khiron Life Sciences Corp. (KHRNF)
- Truett-Hurst, Inc. (THST)
- Where Food Comes From, Inc. (WFCF)
- Maverix Metals, Inc. (MACIF)
- FingerMotion, Inc. (FNGR)
- Applied Biosciences Corp. (APPB)
- Repro Med Systems, Inc. (REPR)
- Bright Mountain Media, Inc. (BMTM)
- Frélii, Inc. (FRLI)
Novo Integrated Sciences, Inc. (NVOS)
Tip Ranks, Real Investment Advice, Capital Cube, Street Insider, Trading View, InvestorsHub, MarketWatch, Simply Wall St, GlobeNewswire, Dividend Investor, Stockwatch, GuruFocus, Stockopedia, Stockhouse, Barchart, Wallet Investor, Business Wire, Infront Analytics, Last10k, Equity Clock, and YCharts reported previously on Novo Integrated Sciences, Inc. (NVOS), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Novo Integrated Sciences, Inc. delivers multi-disciplinary primary healthcare to more than 400,000 patients annually via its 16 corporate-owned clinics and a contracted network of 92 affiliate clinics and 223 eldercare centric homes located throughout Canada. The Company does so through Novo Healthnet Limited (NHL), a wholly-owned subsidiary of Novo Integrated Sciences. Its team of practitioners and staff are trained for assessment, diagnosis, treatment, pain management, rehabilitation and primary prevention. OTCQB-listed, Novo Integrated Sciences has its corporate headquarters in Bellevue, Washington.
The Company's specialized services and products include physiotherapy, chiropractic care, occupational therapy, eldercare, laser therapeutics, massage therapy, acupuncture, and chiropody. Specialized services and products also include neurological functions, kinesiology, concussion management and baseline testing, women's pelvic health, sports medicine therapy, assistive devices, and private personal training.
Novo Integrated Sciences does not provide primary care medical services. None of the Company's employees practices primary care medicine. In addition, its services do not require a medical or nursing license. This past February, Novo Integrated Sciences and Novo Healthnet Limited (NHL) announced the signing of a definitive Share Purchase and Exchange Agreement (SPEA), dated February 20, 2019, with Pulse Rx Inc., a private Canadian limited company operating as Pulse Rx LTC Pharmacy that provides pharmacy services to long-term care and retirement residences in Ontario, and with the shareholders of Pulse Rx.
Mr. Robert Mattacchione, Novo Integrated Sciences' Chief Executive Officer and Board Chairman, stated, "The addition of Pulse Rx to our Canadian healthcare holdings represents the continued manifestation of our lateral growth objectives. The synergy of this acquisition will be felt across several existing NHL business silos with the most immediate impact being to our eldercare division and its ability to offer a more comprehensive array of core products and services across an expanding geriatric demographic."
Last month, Novo Integrated Sciences and NHL announced the signing of an exclusive Licensing Agreement with Cloud DX, Inc. Cloud DX is an award-winning medical device company. Cloud DX operates in the U.S. and Canada and develops hardware and related software for Remote Patient Monitoring and Chronic Care Management.
This Licensing Agreement provides NHL with perpetual licensing rights to the Bundled Pulsewave PAD-1A USB Blood Pressure Device, related software and up-to-date product releases. The License Agreement also provides NHL with conditional exclusive rights, over the initial 5-year period, to sub-license and re-sell Bundled Pulsewave Devices and related software.
Novo Integrated Sciences, Inc. (NVOS), closed Tuesday's trading session at $1.30, even for the day, on 2,090 volume with 4 trades. The average volume for the last 3 months is 2,969 and the stock's 52-week low/high is $0.301/$2.99.
China Health Industries Holdings, Inc. (CHHE)
The Hot Penny Stocks, StockEarnings, Zacks, Hot OTC Stocks, Wallmine, InvestorsHub, Marketwired, Proactive Investors, OTC Markets, Simply Wall St, Stockhouse, Wallet Investor, YCharts, GuruFocus, and Market Screener reported earlier on China Health Industries Holdings, Inc. (CHHE), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
China Health Industries Holdings, Inc. is a holding company vertically integrated with the operations in its subsidiaries in China. The Company specializes in research and development (R&D), production, marketing and distribution of hemp derivative products, medicines and health supplement products. China Health Industries Holdings' shares trade on the OTC Markets Group's OTCQB. The Company is headquartered in Harbin, China.
China Health Industries owns GMP certified plants and facilities. The Company manufactures 21 CFDA approved medicines and 14 health supplement products encompassing five types of dosage forms. These include soft capsule, hard capsule, tablet, granule, as well as oral liquid.
Its product series cover hemp derivative foods, hemp derivative medicines, externally used medicines and health foods. These products address important major markets. These include women's products, geriatric products, children's products and other key market sectors.
The Company's intention is to market much of its product line covering all of China and also overseas countries. As an initial step toward implementing its business plan, China Health Industries strategically transferred its business to production, sales and R&D of Hemp-based products last year. It is working to establish sales centers and chain-stores to connect consumers closely with its products.
In December of 2018, the Company announced it completed the strategic transformation from being a traditional health supplement products manufacturer to a hemp derivative products pioneer. Its hemp derivative products have been launched into the Chinese market since May of 2018. This includes Hemp Oil, Hemp Protein Powder, Hemp Polypeptide and Hemp Cosmetics.
In February of this year, China Health Industries Holdings announced financial results for its Q2 ended December 31, 2018. Mr. Xin Sun, Chief Executive Officer and Chairman of the Company, said, "We are pleased to report our financial results for the second quarter of our 2019 fiscal year. Our revenue increased by 50.03 percent compared to the same period of the previous year as we continue to develop, manufacture and distribute new hemp derivative products".
China Health Industries Holdings, Inc. (CHHE), closed Tuesday's trading session at $1.75, up 52.17%, on 16,002 volume with 25 trades. The average volume for the last 3 months is 1,369 and the stock's 52-week low/high is $0.302/$1.75.
Concrete Leveling Systems, Inc. (CLEV)
Awesome Penny Stocks, Capital Cube, Street Insider, Current Charts, InvestorsHub, GlobeNewswire, Stockwatch, Insider Tracking, GuruFocus, Last10k, MarketWatch, Barchart, Business Insider, Stockopedia, Marketbeat, Dividend Investor, 4-Traders, Stockhouse, Marketwired, YCharts, Stockwatch, and Wallet Investor reported previously on Concrete Leveling Systems, Inc. (CLEV), and we also report on the Company, here at the QualityStocks Daily Newsletter.
Concrete Leveling Systems, Inc. manufactures and sells specialized equipment for end users in the concrete leveling industry. The Company provides the equipment, knowledge and technical training to solve concrete settlement inquires. It offers a simple solution, which is efficient and environmentally friendly at raising and re-aligning sunken concrete slabs to their original position. Incorporated in 2007, Concrete Leveling Systems has its head office in Canton, Ohio.
The Company's Pro X-8 concrete leveling service unit package offers a low cost, high profit alternative to traditional removal and replacement options. Using a series of 1 inch diameter holes the Pro X-8 stores, dispatches, mixes and pumps a water based slurry that upon injection by way of the predrilled holes, raises and re-aligns concrete slabs back to there original position.
As the slabs are being raised, the slurry continues to fill and must attain compression before the concrete slab is raised. It is this "compression" of the pumping slurry that allows for the repaired area to be a permanent repair.
The Pro X-8 service unit package features a 16 hp Hydrapak, hopper and sub-framing, which are of stainless steel construction. All machined steel parts are blasted, and powder coated for optimal corrosion protection. The design of the Pro X-8 service unit package is for ease of use, maintenance, as well as cleaning.
In March, Concrete Leveling Systems advised and updated its Shareholders regarding the present direction and progress of the Company. Jericho Associates, Inc. is a Nevada corporation created as a special purpose company concentrating on the casino gaming, hospitality, entertainment, and leisure time industries. Jericho entered into an agreement with Concrete Leveling Systems in March of 2017, where Jericho became the gaming and hospitality division of Concrete Leveling Systems.
Last year, Jericho identified a Southwest Tribal Casino project with a development partner. The Company is now moving forward with the Tribe as to the size, scope, theme, and amenities of the casino project currently estimated to be $150 million. This is while at the same time providing project materials and educating senior lenders and investors to the casino development.
In 2018, Jericho acquired Vegas Winners, Inc. (VWI) and its high-profile Chief Executive Officer, Mr. Wayne Allyn Root. VWI provides sports gaming information, analysis, advice, and predictions (picks) using all available media and advertising formats.
This month, Concrete Leveling Systems, via its Casino Gaming and Hospitality Division - Jericho Associates, Inc. –updated its shareholders on Vegas Winners and the fast growth of the Sports Betting industry. Concrete Leveling Systems announced the Grand Opening of Wayne Allyn Root's VegasWINNERS.com website. (www.vegaswinners.com).
The estimation is that the worldwide sports betting market could reach $700 Billion to $1 Trillion by 2020. With a population of 4 Billion people, the Asian Pacific (APAC) market accounts for 47 percent of the world's sports wagers.
While continuing its organic and international development, Vegas Winners management is in discussions concerning a partnership, joint venture (JV), or acquisition with a value added company that offers not only sports wagering information and selections, but also Fantasy Sports analysis and in game "proposition" selections. In addition, Vegas Winners is collecting data and diligence on an innovative and synergistic "fan based" sports opportunity.
Concrete Leveling Systems, Inc. (CLEV), closed Tuesday's trading session at $3.50, even for the day, on 4,950 volume with 12 trades. The average volume for the last 3 months is 3,462 and the stock's 52-week low/high is $1.00/$5.69.
DionyMed Brands, Inc. (DYMEF)
SmallCapPower, Penny Stock Hub, Investorx, Business Wire, Otc.watch, Trading View, New Cannabis Ventures, Dividend Investor, Investors Hangout, Stockwatch, Stockhouse, GuruFocus, and OTC Markets reported previously on DionyMed Brands, Inc. (DYMEF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
DionyMed Brands, Inc. is a multi-state cannabis brands and distribution platform. The Company supports cultivators, manufacturers and award-winning brands in the medical and adult-use cannabis markets. DionyMed sells branded products in every category from flower to vape cartridges, concentrates and edibles. The Company lists on the OTC Markets Group's OTCQB. Established in 2017, DionyMed Brands is headquartered in Toronto, Ontario.
The Company serves cannabis consumers via retail dispensary distribution and direct-to-consumer fulfillment with its increasing portfolio of award-winning brands. DionyMed Brands has 12 wholly-owned brands. It serves more than 800 dispensaries monthly. Moreover, it performs 1,500 Direct-to-Consumer Deliveries per day. DionyMed has more than 410 Team Members.
The Company has an expertly designed proprietary platform. This platform supports the design, development, distribution, and marketing of award-winning brands at scale. Regarding its brands, it has a growing product portfolio taking advantage of important market opportunities to develop top brands.
Regarding distribution, DionyMed has an industry-leading platform empowering end-to-end compliant delivery, sales and cash logistics for brands, cultivators and retailers. In addition, the Company is the largest Direct-to-Consumer fulfillment provider and has an extensible platform for D2C e-commerce. The Company's services include Logistics Services & Software; Warehousing & Co-Packing; Value-Added Manufacturing; and Retail & Direct-to-Consumer Delivery.
DionyMed's brands include Winberry Farms, Gardener's, Aja, and Afterglow. Its portfolio brands include Herbology, Fire King, Headwaters, HigherVeda Medicinals, GPen, Reveur, and Gio.
This month, DionyMed Brands announced it signed a term sheet for exclusive multi-state distribution and intellectual property (IP) licensing agreements with Virginia's Kitchen, LLC d/b/a Blue Kudu, an award-winning edibles brand and wholesale platform headquartered in Denver, Colorado. The expectation is that the total consideration for the deal will be US$5,500,000, comprising US$5,000,000 at close consisting of US$4,000,000 in cash and US$1,000,000 in DionyMed Brands subordinated voting shares and the remaining US$500,000 subject to certain performance conditions.
Blue Kudu products include award-winning chocolate bars, cookies and gummies. Under the term sheet, DionyMed Brands will manufacture and distribute Blue Kudu products to its customer network of over 850 dispensaries throughout California, Oregon, Nevada and Massachusetts., Blue Kudu products will also be available on DionyMed's Chill direct-to-consumer delivery platform. Additionally, Blue Kudu will license and distribute DionyMed's brands to its 200-plus dispensary customers. This includes the award-winning Winberry Farms vape cartridges.
DionyMed Brands, Inc. (DYMEF), closed Tuesday's trading session at $1.88, down 1.03%, on 89,523 volume with 183 trades. The average volume for the last 3 months is 78,209 and the stock's 52-week low/high is $0.175/$3.21.
Grand River Commerce, Inc. (GNRV)
Market Screener, Simply Wall St, Wallet Investor, Dividend Investor, 4-Traders, MarketWatch, Stockhouse, Wallmine, Interactive Brokers, Last10k, Capital Cube, Trading View, Investors Hangout, and YCharts reported on Grand River Commerce, Inc. (GNRV), and today we highlight the Company, here at the QualityStocks Daily Newsletter.
Grand River Commerce, Inc. operates as the bank holding company for Grand River Bank. The Bank provides varied commercial and consumer banking services to businesses, professionals, and residents. Grand River Bank serves customers in the communities of Grandville and Grand Rapids, and also surrounding areas in Kent and Ottawa counties, Michigan. Incorporated in 2006, Grand River Commerce is based in Grandville, Michigan.
Grand River Bank was founded by 23 West Michigan business and professional leaders and was supported by almost 750 initial investors. Grand River Bank opened for business on April 30, 2009.
Grand River Commerce via its Grand River Bank operates via three portfolio segments. These are Commercial Real Estate, Commercial and Industrial, and Consumer. The Banks' deposit products include interest and noninterest-bearing checking accounts, savings accounts, and time deposits. Its lending products consist of real estate mortgages, commercial and consumer loans, as well as installment.
Grand River Bank is independently-owned, locally-focused and full-service. Grand River Bank was specifically designed to meet the extensive financial needs of individuals, businesses, professionals, non-profits and municipalities across the West Michigan market.
The Bank now offers Business Mobiliti and Business Mobile Capture to its business customers. Business customers can securely access their bank accounts from their mobile device to check account balances, transfer funds, and deposit checks. Both of these services provide business customers access to their account 24 hours a day.
Grand River Bank's new Debit Card features include Premium Texting Alerts for potentially fraudulent activity. Features additionally include Interactive Voice Response for debit card activation and PIN selection. The Bank also offers Card Valet for monitoring and managing one's card.
Regarding Mortgage Loans-Home Loan Products, Grand River Bank offers Fixed Rate Mortgage Loans; Adjustable Rate Mortgage (ARM); Jumbo Loans; Physician, Doctor and Dentist Loans; Rural Development Loans (RD); FHA Loans; VA Loans, and MSHDA (Michigan State Housing Development Authority) or MI Home Loans. It also offers Construction Financing; Lot Or Vacant Land Loans; First-Time Homebuyers Loans; Refinancing, as well as Bridge Loans.
Grand River Commerce, Inc. (GNRV), closed Tuesday's trading session at $7.85, up 12.95%, on 155,820 volume with 64 trades. The average volume for the last 3 months is 1,061 and the stock's 52-week low/high is $5.90/$8.10.
Khiron Life Sciences Corp. (KHRNF)
NetworkNewsWire, Midas Letter, Micro Small Cap, Dividend Investor, New Cannabis Ventures, Market Screener, PotStockNews, PR Newswire, Financial Content, GlobeNewswire, Investor Ideas, Wallmine, Stockhouse, Proactive Investors, Investing News, InvestorsHub, Virtual Investor Conferences, Insider Financial, and Wallet Investor reported earlier on Khiron Life Sciences Corp. (KHRNF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Khiron Life Sciences Corp. is an integrated cannabis company with core operations in Latin America. Khiron is fully licensed in the country for the cultivation, production, domestic distribution, and global export of THC (tetrahydrocannabinol) and CBD (cannabidiol) medical cannabis. Established in 2017, Khiron Life Sciences has its corporate office in Toronto, Ontario.
The Company listed on the TSX Venture Exchange in May of 2018. Thus, it became one of the first Colombian based medical cannabis companies to trade on any exchange worldwide. Khiron combines international scientific expertise, agricultural advantages, branded product market entrance experience and education to boost prescription and brand loyalty to address priority medical conditions, including chronic pain, epilepsy, depression and anxiety in the Latin American market.
Co-founder and Chief Executive Officer, Alvaro Torres, leads Khiron Life Sciences, together with an experienced executive team, and a knowledgeable Board that includes former President of Mexico, Vicente Fox. Khiron provides investor exposure to the rapidly legalizing cannabis markets in Latin America. The Company is taking advantage of its technical capabilities and agricultural advantages to secure a competitive position in worldwide markets.
Khiron has operations in three countries in Latin America (Colombia, Chile and Uruguay). Its core operations are in Colombia. The Company's capacity to export THC and CBD extracts (medicinal from Colombia) and dry flower (from Uruguay), permits it to leverage low-cost cultivation to engage in the $140 billion European market. Distribution channels of branded products include medical products distribution via wholly-owned clinics and wellness Latin American and U.S. retail distribution.
Last week, Khiron Life Sciences announced that it entered into a non-binding letter of agreement to acquire 100 percent of the outstanding securities of Canapalife S.r.l. and 100 percent of the economic interest in Campodoro S.r.l. (Canapalife Group) from Alvaro Garro and Paolo Puggioni being the sole shareholders of Canapalife Group. Canapalife is a prominent hemp product company headquartered in Italy. It has licenses for the cultivation, research, production and marketing of hemp-based products.
Yesterday, Khiron Life Sciences announced that it signed a Letter of Intent (LOI) with Copservir Ltda., Colombia's largest pharmacy chain. The LOI is to distribute Khiron's medical cannabis products throughout the nation. The companies agreed to initial discounting and commercial fees. They will work towards creating a definitive commercial contract and detailed distribution plan to commence sales in the second half of this year.
Today, Khiron Life Sciences announced that it signed a distribution agreements for its Kuida® cosmeceutical brand with Cafam, a foremost Colombian drugstore chain. The agreement further expands the brands points of sales. In combination with the earlier announced distribution arrangements, the agreement further expands the brands retail and e-commerce points of sales in Colombia.
Cafam operates 270 stores across 63 different markets in Colombia. Khiron's agreement with the drugstore division of Cafam represents an initial 49 point of sale locations for Kuida®, and an agreement to expand this distribution to a total of 150 stores in the first six months of roll-out of the agreement.
Khiron Life Sciences Corp. (KHRNF), closed Tuesday's trading session at $2.6754, down 2.36%, on 481,450 volume with 706 trades. The average volume for the last 3 months is 511,223 and the stock's 52-week low/high is $0.663/$3.28.
Truett-Hurst, Inc. (THST)
MacroTrends, Stockpools, StockTwits, Zacks, Equity Clock, PR Newswire, Street Insider, 4-Traders, MarketWatch, Simply Wall St, and Last10k reported on Truett-Hurst, Inc. (THST), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Truett-Hurst, Inc. is a holding company listed on the OTC Markets. Its sole asset is the controlling equity interest in H.D.D. LLC. H.D.D is a unique super-premium, ultra-premium and luxury wine sales, marketing and production company based in the acclaimed Dry Creek Valley of Sonoma County, California. Established in 2007, Truett-Hurst has its corporate headquarters in Healdsburg, California.
The Company produces wine from a range of varietals. These include the Pinot Noir, Chardonnay, Sauvignon Blanc, Zinfandel, Petite Sirah, Syrah, and other red blends. Truett-Hurst offers its products mainly under the VML, Truett Hurst, and Svengali brands directly through its tasting rooms, wine clubs, as well as winery Websites.
Truett Hurst Winery concentrates on ultra-premium Dry Creek Appellation wines. In 2015, the Winery was Biodynamic Certified. VML Winery focuses on Pinot Noir and Chardonnay from the Russian River Valley. It has packaging that reflects the VML commitment to natural production techniques.
The Company has its Truett Hurst Wine Club. Membership benefits include access to exclusive sales and limited release wines and up to four complementary tastings for members and their guests per visit. Membership benefits also include invitations to exclusive wine club parties and special events at the winery. In addition, Membership benefits include priority ticket purchasing opportunities for local events (Passport Weekend, Winter Wineland, Wine & Food Affair).
This past January, Truett-Hurst announced the appointment of Mr. Ross Reedy as Director of Winemaking for the Company, effective January 11, 2019. In this capacity, Mr. Reedy is responsible for all winemaking of the Truett Hurst and VML brands located in Healdsburg, California and production at the Sugarloaf Crush facility located in Santa Rosa, California. He began as a cellar assistant in 2012. Mr. Reedy studied Wine and Viticulture at Cal Poly San Luis Obispo, while at the same gaining real-world experience at a boutique winery in Paso Robles.
Truett-Hurst, Inc. (THST), closed Tuesday's trading session at $1.50, up 11.11%, on 3,924 volume with 3 trades. The average volume for the last 3 months is 18,422 and the stock's 52-week low/high is $1.26/$3.19.
Where Food Comes From, Inc. (WFCF)
NetworkNewsWire, Zacks, Stockhouse, Morningstar, Equity Clock, Simply Wall St, InvestorsHub, Market Screener, 4-Traders, Wallet Investor, Marketbeat, Dividend Investor, and Quality Small Caps reported on Where Food Comes From, Inc. (WFCF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Where Food Comes From, Inc. is the most trusted resource for independent, third-party verification of food production practices in North America. The Company, through proprietary technology and patented business processes, supports over 15,000 farmers, ranchers, vineyards, wineries, processors, retailers, distributors, trade associations, consumer brands and restaurants with a broad array of value-added services. Where Food Comes From serves beef and pork packers, organic producers and processors, and specialty retail chains. OTCQB-listed, Where Food Comes From has its head office in Castle Rock, Colorado.
The Company provides its solutions via its IMI Global, International Certification Services, Validus Verification Services, SureHarvest, A Bee Organic and Sterling Solutions units. Where Food Comes From solutions are used to verify food claims, optimize production practices and enable food supply chains with analytics and data driven insights. Furthermore, its Where Food Comes From® retail and restaurant labeling program uses web-based customer education tools to connect consumers to the sources of the food they buy, increasing meaningful consumer engagement for the Company's clients.
Where Food Comes From conducts on-site and desk audits to verify that claims made about livestock, crops, and other food products are accurate. The Company also sells hardware; and develops software and provides services related to sustainability measurement and benchmarking, traceability, verification, and certification to the food and agriculture industries.
In December of 2018, Where Food Comes From announced it was named Program Administrator for the new U.S. Hemp Authority™ Certified verification standard. With this agreement, the Company's Validus Verification Services unit was named as exclusive certification body for hemp growers and processors seeking to comply with the standard and earn the right to display the U.S. Hemp Authority™ Certified seal in their product labeling, advertising and marketing.
Last month, Where Food Comes From announced its 2018 Q4 and full year financial results. Mr. John Saunders, Chairman and Chief Executive Officer, said, "We delivered solid financial results for the year, highlighted by revenue up 15 percent to $17.8 million and net income up 463 percent to $801,000. We also generated a record $1.2 million in cash from operations for the year. Our growth was largely attributable to increased verification activity across a range of standards and particularly the area of source verification related to the reopening of China's beef markets."
Where Food Comes From, Inc. (WFCF), closed Tuesday's trading session at $2.01, up 4.42%, on 17,609 volume with 9 trades. The average volume for the last 3 months is 11,183 and the stock's 52-week low/high is $1.75/$2.50.
Maverix Metals, Inc. (MACIF)
Market Screener, Proactive Investors, Junior Mining Network, Capital Network, Trading View, Gold Stock Data, Dividend Investor, Mining Capital, Business Insider, Stockhouse, StreetWise Reports, Infront Analytics, Stockwatch, and Northern Miner reported earlier on Maverix Metals, Inc. (MACIF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Maverix Metals, Inc. is a royalty and streaming company recently upgraded to the OTCQX® Best Market. from the Pink® market. Maverix Metals commenced trading on March 11, 2019 on the OTCQX under the symbol "MACIF." The Company engages in acquiring and holding precious metals streams and royalties. Established in 2016, Maverix Metals has its corporate headquarters in Vancouver, British Columbia.
Mr. Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group, said, "We welcome Maverix Metals to an impressive roster of more than 140 Canadian companies that cross-trade their shares on the OTCQX Market to provide enhanced transparency for their U.S. investors. OTCQX companies are distinguished by the integrity of their operations and diligence with which they convey their qualifications. We look forward to supporting Maverix Metals and its shareholders in the U.S. public markets."
Maverix Metals provides upfront payments to mine operators in need of capital. In return, it receives a percentage of the future revenue generated from the mine (a royalty), or the right to either purchase all, or a fixed percentage of, future precious metal production for a pre-determined price (a stream).
The royalty and streaming agreements provide exposure to precious metals price appreciation, fixed operating costs, as well as exploration and expansion upside. These agreements do so without the associated capital, operating and environmental costs.
In July 2016, Maverix Metals acquired a package of 13 royalties and precious metal streams from Pan American Silver. In just over two years the Company has acquired 3 major royalty portfolios from senior mining companies and along with several additional bolt on acquisitions has increased its portfolio to 80 total royalties and streams.
In August of 2018, Maverix Metals announced that it acquired a 1.5 percent Net Smelter Returns (NSR) royalty on the McCoy-Cove project in Nevada (the McCoy-Cove Royalty). McCoy-Cove is a development stage project positioned along the highly prospective Battle Mountain-Eureka Trend in the State of Nevada. The Cove property hosts one of the highest grade undeveloped gold deposits in Nevada. As of March 31, 2018, the Cove project had indicated resources of 0.9 million tonnes at 11.2 g/t containing 342,000 ounces of gold and inferred resources of 3.7 million tonnes at 11.2 g/t containing 1.3 million ounces of gold.
Maverix Metals, Inc. (MACIF), closed Tuesday's trading session at $1.97, up 2.61%, on 5,908 volume with 5 trades. The average volume for the last 3 months is 16,135 and the stock's 52-week low/high is $1.03/$2.18.
FingerMotion, Inc. (FNGR)
Stockhouse, Capital Cube, Market Screener, OTC Markets, InvestorsHub, Stockwatch, 4-Traders, Real Investment Advice, YCharts, Stockopedia, Wallet Investor, MarketWatch, and Simply Wall St reported previously on FingerMotion, Inc. (FNGR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
FingerMotion, Inc. is a mobile payment and recharge platform company listed on the OTCQB. It is one of five companies in China with access to wholesale rechargeable minutes via top-up credits on the mobile phone. FingerMotion is developing value added technologies to market to its users. The Company eventually hopes to serve greater than 1 billion users in the China market and eventually expand the model to other regional markets. FingerMotion is based in Wan Chai, Hong Kong.
FingerMotion's corporate vision is to quickly grow the user base by way of organic means and have this growth develop into an ecosystem of users with high engagement rates using its unique applications. The Company states that developing a highly engaged ecosystem of users would strategically position FingerMotion to onboard larger customer bases and eventually drive a consolidation of the top five wholesalers.
The Company is investing in research and development (R&D). Its main area of focus is the development of "must have" applications for consumers and businesses. FingerMotion's longer term focus is to develop a marketing platform that can take advantage of all the meta data collected by the top telcos into a predictive model, which is able to isolate and extract consumer behavior and habits for future monetization.
This past February, Finger Motion announced that its top-up platform for China Unicom, which derives a majority of its Gross Transaction Volume (GTV) from PingDuoDuo (PDD), is fully operational, generating 20 million RMB (USD 3.0 million) in GTV daily. This is a major increase in the daily platform activity that had earlier generated 13.25 million RMB (USD 1.95 million) in GTV.
PingDuoDuo is an inventive e-commerce platform based in China. It offers consumers an enjoyable and interactive shopping experience, which also offers bargain pricing. PingDuoDuo's platform has accumulated over 385.5 million members and 2 million merchants, with an annual transaction value of 344.8 billion yuan (USD $51 Billion Dollars).
In March, Finger Motion announced that it realized record gross transaction volume (GTV) of $115 million in its Q4 ended February 28, 2019. This is roughly 32 percent higher than in the previous quarter. Moreover, the Company received more than $750,000 in private placements from new and existing accredited investors.
FingerMotion, Inc. (FNGR), closed Tuesday's trading session at $6.00, down 0.50%, on 800 volume with 5 trades. The average volume for the last 3 months is 6,000 and the stock's 52-week low/high is $1.98/$8.50.
Applied Biosciences Corp. (APPB)
InvestorsHub, MarketWatch, Wallet Investor, Uptick Newswire, GuruFocus, Investors Hangout, Dividend Investor, Daily Marijuana Observer, Talk Markets, Corporate Information, Barchart, Trading View, Accesswire, Small Cap Podcast, The Street, and Stockhouse reported earlier on Applied Biosciences Corp. (APPB), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Applied Biosciences Corp. is a diversified cannabinoid therapeutics company. Its focus is on the medical, bioceutical, testing and pet health industries. The Company's emphasis is on select investment, consumer brands, and partnership opportunities in the medical, health and wellness, nutraceutical, and pet industries. Applied Biosciences has its corporate office in Beverly Hills, California.
Applied Biosciences is a leading company in the CBD and Pet health space. It is currently shipping to the majority of U.S. States and also to numerous international countries. The Company has a number of strategic partnerships now in place. It is pursuing additional partnerships and other strategic growth opportunities.
Applied Biosciences' products include Remedi and Herbal Pet. The team at Remedi, based in Colorado, is a collaboration project of hemp and CBD industry professionals. Remedi has launched an initial line of hemp CBD infused products centered on delivery methods with proven and noticeable effects.
Herbal Pet's focus is a new standard of care in pet health. Its product can provide safe, natural, veterinarian-recommended products directly to owners. Herbal Pet delivers premier quality cannabinoid-based nutraceuticals for cats and dogs.
Last month, Applied Biosciences announced it signed a partnership agreement with Shannon "the Cannon" Briggs, the former heavyweight boxing champion and world record-holder for the most first round knockouts. Via this new partnership, Shannon Briggs and Applied Biosciences will work together to formulate a line of athlete-focused cannabidiol (CBD) based health and wellness supplements to enhance training and recovery under the "Champ Organics" brand.
Last week, Applied Biosciences announced it retained the Emmes Group to assist with the development and execution of the Company's partnership and technology licensing initiatives and strategies. By way of the new partnership, Emmes and Applied Biosciences will work together to formulate a line of medical and scientific focused cannabidiol (CBD) based products to target the endocannabinoid system under the "Applied BioPharma" brand.
Applied Biosciences Corp. (APPB), closed Tuesday's trading session at $1.2335, up 1.94%, on 1,215 volume with 3 trades. The average volume for the last 3 months is 3,006 and the stock's 52-week low/high is $0.699/$2.95.
Repro Med Systems, Inc. (REPR)
Stockrow, Zacks, Business Wire, AIStockFinder, Capital Cube, InvestorsHub, Streetwise Reports, Wallet Investor, Simply Wall St, Wallmine, Dividend Investor, Infront Analytics, Stockopedia, Equity Clock, 4-Traders, Accesswire, MarketWatch, Stockhouse Market Screener, Real Investment Advice, and Marketbeat reported previously on Repro Med Systems, Inc. (REPR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Incorporated in 1980, Repro Med Systems, Inc. does business as RMS Medical Products. RMS develops, manufactures and commercializes medical products used for home infusions. The Company's mission is to improve the quality of life of patients globally via the development and delivery of high quality, unique and easy to use therapeutic solutions. Repro Med Systems lists on the OTC Markets' OTCQX. The Company is based in Chester, New York.
RMS' main products are the FREEDOM60® and FreedomEdge® DynEQ Infusion Systems, RMS Precision Flow Rate Tubing™, HIgH-Flo Subcutaneous Safety Needle Sets™ and RES-Q-VAC® Hand Held Medical Suction. At present, the FREEDOM Syringe Infusion System includes the FREEDOM60® and FreedomEdge® Syringe Infusion Drivers, RMS Precision Flow Rate Tubing™ and RMS HIgH-Flo Subcutaneous Safety Needle Sets™.
These devices are used for infusions administered in professional healthcare settings and also at home. RMS Medical Products also provides education and training materials to clinicians, patients, and patient advocates. The Company's products, and product support, are offered around the world by RMS and via an international network of distributors and service providers.
RMS Medical Products specializes in developing and manufacturing portable medical devices and supplies that are safe and affordable, for a broad array of markets. These include hospitals, home healthcare, nursing homes and rescue services. The Company's products do not rely on batteries or electric power. Therefore, this makes them dependable in critical situations.
Recently, Repro Med Systems, Inc. dba RMS Medical Products announced the latest financial results for the three and twelve months ending December 31, 2018 and outlined its plans for continued strong growth. The Company reported record 2018 Revenue of $17.4 million. This is up 12.4 percent versus 2017. It had improved 2018 Profitability; improved Gross Margin, record Net Income and Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The Strategic Plan was adopted with goals of $50 million Net Revenues, 70 percent+ Gross Margins and 20 percent+ annual organic Revenue growth through 2022.
The Company also recently announced that Brian Schiller, PhD, was hired as the Vice President of Medical Affairs. Mr. Don Pettigrew, President and Chief Executive Officer of RMS Medical, said, ''Dr. Schiller is a proven leader within the pharmaceutical medical affairs and clinical research space. His past experience will allow him to excel at RMS Medical while we pursue deeper relationships with potential pharmaceutical partners to expand our market opportunity; a key component of our growth plans.''
Repro Med Systems, Inc. (REPR), closed Tuesday's trading session at $1.6555, up 3.47%, on 86,574 volume with 51 trades. The average volume for the last 3 months is 25,170 and the stock's 52-week low/high is $1.115/$1.79.
Bright Mountain Media, Inc. (BMTM)
Market Exclusive, Zacks, Nasdaq, Infront Analytics, OTC Markets, Street Insider, MarketWatch, Market Screener, YCharts, Morningstar, Barchart, Seeking Alpha, Dividend Investor, GlobeNewswire, The Street, Capital Cube, InvestorsHub, Last10k, Insider Tracking, GuruFocus, Accesswire, Simply Wall St, and Marketbeat reported previously on Bright Mountain Media, Inc. (BMTM), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
A digital media holding company, Bright Mountain Media, Inc.'s main emphasis is connecting brands with consumers as a full advertising services platform. The Company's assets include an ad network, an ad exchange platform, and also 25 websites (owned and/or managed), which provide content, services and products. Bright Mountain Media has its corporate office in Boca Raton, Florida. The Company lists on the OTC Markets Group's OTCQB.
Bright Mountain Media's websites are chiefly geared for a young, male audience. A number of the websites center on active, reserve and retired military audiences, and also law enforcement and first responders.
The Company prioritizes its audiences and only works with leading brands and advertisers. It matches brands with the right audiences in its network. Regarding Publishers, Bright Mountain Media has developed custom video ad units for its partners. It shares their content to its millions of social media followers.
Concerning Advertisers, Bright Mountain Media combines custom content, astute social media, and strong creative messaging on its platforms to drive premier customer engagement with brands. The Company partners with many websites that reach a similar demographic. This allows brands to reach greater than 100 million monthly visitors.
In September of 2018, Bright Mountain Media and Kubient, Inc. jointly announced that they entered into a Master Services Agreement anticipated to enhance Bright Mountain Media's position in the digital advertising space. This is while considerably expanding Kubient's reach on Bright Mountain Media's high quality owned and operated websites. The expectation is that this new agreement will foster innovation and additional growth at both companies while propelling scale in their respective businesses.
Kubient will provide its programmatic technology platform for Bright Mountain Media to connect their increasing network of websites with their present roster of large brand advertisers that want to purchase video, display, and native advertising. Bright Mountain Media will expose Kubient to their roster of direct brand advertisers and also exclusively use Kubient's technology to power their programmatic media business.
In October of 2018, Bright Mountain Media announced that it entered into a non-binding Letter of Intent (LOI) to acquire Kubient, Inc. in an all stock transaction. Kubient is a video advertising technology business. It provides a full stack programmatic platform. The design of it is to increase publisher revenue and lower advertiser cost across the video advertising ecosystem. Kubient is headquartered in New York, New York.
Mr. Kip Speyer, Chairman and Chief Executive Officer of Bright Mountain Media, said in October 2018, "Recognizing the synergies of the companies, we have quickly proceeded to a LOI to acquire Kubient, Inc. If consummated, I believe that this acquisition of Kubient will represent a powerful opportunity for Bright Mountain Media to directly offer our brand advertisers the ability to actually prevent the purchase of fraudulent ad opportunities using machine learning in that critical window of time called the bid-stream."
Bright Mountain Media, Inc. (BMTM), closed Tuesday's trading session at $1.97, up 9.44%, on 2,750 volume with 10 trades. The average volume for the last 3 months is 248 and the stock's 52-week low/high is $0.40/$3.25.
Frélii, Inc. (FRLI)
DNA Investor Alerts, Trade Ideas, Current Charts, Market Screener, Business Wire, Wallet Investor, Investing Online, Seeking Alpha, MarketWatch, Simply Wall St, Last10k, Investors Hangout, Northfield Review, and The Health Investor reported earlier on Frélii, Inc. (FRLI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Frélii, Inc. is a medical technology company headquartered in Lehi, Utah. It uses gene sequencing and artificial intelligence (AI) to determine risk and lifestyle modifications. Its technology analyzes the most comprehensive markers (60,000,000-plus) on the market to date. The Company was previously known as Vican Resources, Inc. It changed its name to Frélii, Inc. in March of 2018. Frélii's shares trade on the OTCQB.
The Company's technology generates accurate and significantly valuable insight into DNA. The Company says that it opens opportunities never realized in health care, precision medicine, insurance, corporate wellness and personal health and risk identification.
Fundamentally, Frélii is data mining DNA. It takes advantage of the big data of DNA to improve health and wellness and enhance the human experience. The design of the Company's technology has been to allow assessment and sequencing, for reporting needs into different life science environments.
Frélii takes an inventive approach to health through leveraging its highly advanced AI to deliver more holistic DNA analysis. This is to provide precision concerning what medical professionals and individuals need regarding correct drugs, dosing, diet and interventions.
The Company continues to develop and grow its patented AI technology, leveraged base code and large data sets gathered from public and private partnerships. Its predictive capacity with its precision medicine and health and wellness AI has increased from 84 percent to 98.5 percent. Furthermore, the flagship high-efficiency Genetic Sequencing and analysis using Frélii's proprietary technology has increased to over 99 percent and 99.999 percent accuracy on whole genome and exome sequencing, respectively.
Last month, Frélii announced that it signed a Memorandum of Understanding (MOU) with NewPath Health Care Solutions, Inc. of Ontario, Canada; Mercator Biologic, Inc. of Centerville, Utah; and True DNA Story, LLC of Centerville, Utah. The purpose of the MOU is to strategically explore the complete capabilities of each company to identify synergies and opportunities in order to take advantage of the unique skillsets of the collective.
Mr. Ian Jenkins, Chief Executive Officer of Frélii, said, "The four companies that are a part of the agreement have each developed technologies, methodologies, processes and solutions that are unique and powerful and lend themselves to game-changing collaborations and innovations. Frelii will offer its highly advanced artificial-intelligence-based technology platform to the group, and also benefit from their technology and expertise to further our corporate growth and market objectives.
Frélii, Inc. (FRLI), closed Tuesday's trading session at $2.31, up 2.21%, on 264,894 volume with 352 trades. The average volume for the last 3 months is 39,048 and the stock's 52-week low/high is $1.05/$3.00.
The QualityStocks Company Corner
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P)
- Net Element, Inc. (NASDAQ: NETE)
- Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF)
- The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
- Geyser Brands Inc. (TSX.V: GYSR)
- Spectrum Global Solutions, Inc. (SGSI)
- Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4)
- SinglePoint, Inc. (SING)
- TransCanna Holdings Inc. (CSE: TCAN)
- Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8)
- Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
- VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
- Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF)
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P)
Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow assets in real property, securities, cryptocurrency and all branches of the cannabis sector. The company's focus on strategic revenue generation, EBITDA and growth is enshrined in its moto, "One team. One goal," and is reflected in its name: "Na bis," which is defined as, "repeat performance" or "encore."
Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow assets in real property, securities, cryptocurrency and all branches of the cannabis sector. The company's focus on strategic revenue generation, EBITDA and growth is enshrined in its moto, "One team. One goal," and is reflected in its name: "Na bis," which is defined as, "repeat performance" or "encore."
While the Nabis' targets span numerous industries, the company aims to establish an Anchor Investment Portfolio primarily through the acquisition of majority interests in high quality U.S. cannabis assets and brands that have achieved cash flow. The company will then employ a hands-on approach to assist the investee in implementing standards and consistency to enhance their operations.
Criteria for investment targets are as follows:
- Positive EBITDA, vertically integrated operators in limited license states with large addressable markets
- Emphasis on operations that add material EBITDA within 12 months with enhanced access to capital and Nabis' value add approach on operations and brand consistency
- Identifying proven operators with good expertise to add value to a consolidation strategy
- Focused on MSOs (Multi-state Operators) with strong brand traction
- Pharma grade cultivation, extraction, dispensaries and other addressable operations
Nabis has completed investments in five Michigan properties with Cannabis provisioning, processing and cultivation licenses. The Company has also entered into binding Letters of Intent ("LOI") to invest in vertically integrated assets in Michigan, Arizona and Washington State. The company's goal is to be invested in four to five additional states in the coming months.
Arizona – LOI to acquire full control of Organica Patient Group Inc. ("OPG") and RDF Management Group. OPG is a fully integrated medical marijuana business licensed under the provisions of the Arizona Medical Marijuana Act. Its assets include the Chino Valley MMJ Dispensary and fully established Patient Group, which since 2012 has operated as "Organica Patient Group" in Chino Valley. OPG also operates a 26,000-square-foot indoor cultivation and processing center along with a 56,600-square-foot greenhouse in Prescott Valley; has its own branded products and wholesale operations which includes distribution to more than 25% of the dispensaries in Arizona; and has exclusive manufacturing and licensing agreements with Fire Brand, Gas Extracts and Donuts Concentrate products distributed within Arizona.
Michigan – LOIs to invest in multiple strategically located properties that have or are eligible for municipal approvals for provisioning centers in Michigan. The company is currently evaluating 10 to 15 additional municipally approved locations in Michigan that would substantially increase the company's overall presence in the U.S. cannabis space.
Washington State – LOI to purchase assets from PDT Technologies LLC, including extraction and production equipment and rights to lease the current production facility in Port Townsend, Wash. The LOI includes licensing rights to produce Chong's Choice Brand CO2 Vape Cartridges, one of the leading and most recognizable brands in the cannabis space. Expansion plans include construction of a new ISO designed extraction clean room and GMP lab facility with new, highly specialized equipment with two extraction lines. The facility could produce up to 20,500 kg of cannabis concentrate on an annual basis.
Hivemind Refinery – LOI to invest in a 70% interest of Hivemind Refinery, an established line of CBD-based wellness products in the United States. The investment into Hivemind expands Nabis' investment portfolio to CBD edibles, water, drops, lotions, and other CBD wellness products across the spectrum. Nabis anticipates Hivemind will be a premium consumer CBD line to be distributed across the U.S. and Canada and will focus on products utilizing locally grown, premium CBD along with unique formulations and delivery systems.
Bloombox – binding term sheet with Momentum Ideas Co. to acquire certain assets used and marketed under the brand "Bloombox," a leading intelligent retail cannabis software platform that includes the Bloombox Software and data platform. The acquisition of Bloombox will create a dominating presence in the U.S. cannabis market, featuring an integrated ecosystem of modern, next-generation cannabis technology. Bloombox is one of the world's first standards-based cannabis software systems, enabling frictionless integration with nearly any business system or regulatory body.
Proven Management Team
CEO and Director Shay Shnet has over 20 years of experience in business and was most recently a founding partner and vice president of operations of MPX Bioceutical (CSE: MPX). While at MPX, Shnet focused on the North American cannabis space and helped build the company's portfolio of international cannabis assets. He is highly skilled in finding unique opportunities and has been directly involved with the development, branding, importing, consumer packaging and distribution of a wide variety of product lines.
President Mark Krytiuk is a very successful cannabis operator and was a founding partner of MPX. As the vice president of grow operations of MPX, he oversaw the production of medical marijuana and pharma-grade products across North America. He has been directly involved in overseeing the rapid expansion and buildout of nine facilities in three countries with budgets ranging up to $30 million. Krytiuk's experience includes consulting and working with customers to develop individual requirements for indoor and outdoor cannabis cultivation while working with federal regulators and licensing bodies to ensure compliance.
Nabis Holdings (OTC: INNPF), closed the day's trading session at $0.469, up 6.59%, on 121,556 volume with 76 trades. The average volume for the last 3 months is 526,840 and the stock's 52-week low/high is $0.416/$0.791.
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is "One to Watch"
- CannabisNewsBreaks – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Completes Investment in Property with License Approvals for Cultivation, Processing
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 7IP) Establishing Strong Reputation in Cannabis Sector with Anchor Investment Portfolio
Net Element (NASDAQ: NETE)
Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced the entry into a channel partner agreement between its Aptito subsidiary with HP Inc. for sales and support of its line of Android-based POS devices. To view the full press release, visit: http://nnw.fm/iCGe8.
Net Element (NETE), is a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce, and mobile devices. Net Element operates a payments-as-a-service transactional model and value-added services platform for small to medium enterprises in the U.S. and selected emerging markets. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500 ™ and South Florida Business Journal’s 2016 fastest growing technology companies.
Net Element believes the future of global commerce is being revolutionized as consumers quickly migrate toward omni-channel shopping utilizing mobile devices, desktop, and online services. Net Element’s all-in-one payment solutions support and unify a whole range of applications through a single, robust platform, allowing global onboarding and support for multiple payment methods.
With an eye on emerging markets, Net Element is pursuing growth opportunities and footholds in a number of industries. The company’s most recent application of its technology is to the cannabis industry, which is paced to hit $591 million and could increase 40 times in the next four years. This rampant growth also creates heightened need for smooth transactions between merchants and consumers. Payment processing and compliance for the cannabis industry has become increasingly complex, and Net Element’s Unified Payments subsidiary is addressing the challenges by offering a compliant, seamlessly integrated payment solution that makes it simple to transact.
Net Element has also launched a blockchain-focused business unit that will develop and deploy blockchain technology-based solutions. Net Element expects the new division to create a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services, connecting merchants and consumers in a seamless, economically efficient transaction. This new business unit intends to also identify and invest in unique projects that decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications with talented development teams, strong fundamentals and addressable markets large in size.
“We believe that we’re at the dawn of a new evolution where additional digital payment methods are being introduced,” Net Element CEO Oleg Firer, says. “Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element’s growing network.”
Net Element clients are treated to customized solutions that provide the flexibility needed to keep up with customers. Among the services offered are mobile payment apps that accept payments anywhere, anytime; cloud-based solutions built to increase productivity and enhance revenue for clients and partners; marketing solutions that turn lookers into buyers; and business analytics that make it easy for clients to monitor business metrics, engage with customers and compare the competition. Its multi-channel platform combines e-commerce, offline, point-of-sale, comprehensive back office tools, mobile point-of-sale, credit scoring and customer interaction in one powerful platform-as-a-service technology.
Net Element owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc., with the following subsidiaries:
- Unified Payments – An award-winning, customized mobile billing and payments solution, recognized by Inc. Magazine as the No. 1 Fastest Growing Company in America in 2012.
- Digital Provider – A leading provider of SMS messaging and mobile billing solutions.
- Aptito – A next-generation, all-in-one, cloud-based restaurant management and point-of-sale payments platform using wireless technology.
- Payonline – A fully integrated, processor agnostic electronic commerce platform.
Net Element is ranked No. 418 on Deloitte’s 2017 Technology Fast 500™ list of North America’s 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies. Net Element grew 190 percent. The company’s chief executive officer, Oleg Firer, credits the company’s progression to organic growth in its North America Transactions Segment, specifically the success of its Unified Payments brand, which focuses on value-added payment acceptance solutions for small to medium enterprises in the United States.
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge, and are transforming the way we do business.”
Net Element’s suite of application performing interfaces (APIs) and connectors power commerce for businesses of all sizes through multi-channel platforms, all-in-one digital solutions, and end-to-end encryption of cardholder data utilizing tamper resistant hardware that ensures integrity and simplifies security.
Net Element’s corporate team is led by director and CEO Oleg Firer, who is responsible for the overall vision, strategy and execution of the company’s mission of powering global commerce. He is joined by CFO Jeffrey Ginsburg, CPA, and Steven Wolberg, who is the company’s chief legal officer and secretary. Each corporate officer brings a unique blend of leadership, vision, experience and creative energy to the company.
From mobile payments and value-added transactional innovations such as Digital Provider and Aptito to e-commerce and retail payment transaction processing brands like Payonline and United Payments, Net Element is transforming the online and mobile experience.
Net Element (NETE), closed the day's trading session at $5.65, up 2.73%, on 62,599 volume with 371 trades. The average volume for the last 3 months is 65,554 and the stock's 52-week low/high is $3.75/$10.60.
- NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Collaborating with HP Inc. to Provide Cutting-Edge Solutions for SMB Market
- NetworkNewsBreaks – Net Element Inc.'s (NASDAQ: NETE) North American Transaction Solutions Segment Drives Noteworthy Revenue Growth
- 420 with CNW – Israel Decriminalizes Recreational Cannabis
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF)
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) (the "Company" or "PLUS"), today announced the appointment of Marc Seguin as Chief Revenue Officer, effective April 30, 2019. As Chief Revenue Officer, Marc will be driving all aspects of marketing and consumer connection in leading the marketing and sales teams. He will spearhead consumer education about the cannabis industry, lead responsible and conscientious branding and marketing strategies, and is one of the first veteran food marketers to enter the cannabis space.
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.
First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.
PLUS Products shares are currently listed on the Canadian Securities Exchange. PLUS™ raised CAD$20 million through the offering, for which the lead underwriters were PI Financial and Canaccord Genuity. The company intends to use a portion of the IPO proceeds to fund rapid product capacity expansion, factory automation, working capital and new product development.
Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up 18 percent of marijuana retail sales in February 2018 across licensed retailers in California, with PLUS™ products ranking in the Top 10 of edible brands by retail dollar sales.
During the first half of 2018, PLUS Products generated US$2.45 million in sales, a marked improvement over 2017’s US$1.07 million in sales. The company’s established cannabis products are not only compliant with state laws, they are proving to be extremely popular with consumers. Among the PLUS™ product brands are:
- Blackberry & Lemon RESTORE, an infusion of carefully dosed cannabis with a 9:1 THC to CBD per gummy.
- Sour Watermelon UPLIFT, a low-calorie gummy crafted from carefully dosed cannabis with an infusion of 5mg THC per gummy.
- Pineapple & Coconut CBD RELIEF, a tropical flavor gummy made from pure cannabis-derived CBD that is low-calorie, gluten-free and made with kosher ingredients.
- Sour Blueberry CREATE, a low-calorie gummy infused with hybrid flower containing 5 mg THC.
- Limited Edition Rose & Vanilla, available at select locations during Winter 2018, these gummies are crafted with 60 mg THC/30 mg CBD per tin.
- Limited Edition RAINBOW SORBET gummies was created to celebrate Pride during Spring 2018 with a portion of each purchase donated to The Trevor Project, a confidential suicide hotline for LGBT youth.
“We are extremely proud of the products PLUS has brought to market,” remarked Jake Heimark, CEO and cofounder in a statement. “We’ve quickly grown into one of the leading edible brands in California. With the proceeds of this round, we will continue to further our mission: to make cannabis safe and approachable for all types of consumers.”
The PLUS™ team believes that everyone deserves access to consistent, dosable and delicious cannabis products and strives to make that happen. Producing the best infused products at scale requires thoughtful collaboration among experts in many fields. At PLUS™, our team is comprised of Chefs, Chemists, Food Manufacturing Experts, Engineers, Machinists, Visionaries, Creatives, Strategists and others.
Plus Products Inc. (PLPRF), closed the day's trading session at $3.41, up 0.29%, on 89,644 volume with 128 trades. The average volume for the last 3 months is 85,651 and the stock's 52-week low/high is $2.81/$6.008.
- Former Popchips President and CMO Marc Seguin joins PLUS as Chief Revenue Officer
- Notice of Accelerated Warrant Expiry
- CBD Infused Edible Market Projected To Be $4.1 Billion In 2019
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (US: TGODF) is pleased to announce that its Kelowna-based extraction processing services provider, Valens GroWorks Corp. ("Valens"), has obtained its organic certification from Pro-Cert Organic Systems Ltd. Also today, NetworkNewsWire released a report on the company detailing how TGOD has reached another milestone that supports the company's ambition of becoming the global leader in delivering premium organic cannabis solutions to enhance people's lives. TGOD recently announced that it is now licensed to sell cannabis oils produced at its Ancaster, Ontario, facility, which previously received an oil production license in April 2018. The oil sales license and production license were both issued by Health Canada, pursuant to the Cannabis Act, according to a news release (http://nnw.fm/c3SLr).
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).
Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.
TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.
Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.
Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.
The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.
The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.
TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.
Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.
Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.
TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.
To learn more about the company and how to invest, contact TGOD directly at email@example.com
The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $3.35, up 2.76%, on 854,099 volume with 1,185 trades. The average volume for the last 3 months is 1,310,498 and the stock's 52-week low/high is $1.607/$7.894.
- TGOD's Extraction Processing Provider Receives Organic Certification
- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils
- TGOD's European Acquisition HemPoland Receives Organic Certification
Geyser Brands Inc. (TSX.V: GYSR)
Geyser Brands Inc. (TSXV:GYSR) ("Geyser Brands" or the "Company") announces a robust and healthy second harvest. Geyser Brands has also tripled its growing capacity for an output of 51,000 grams of CBD-dominant flower, with the aim of researching optimal cannabinoid profiles for its conditions-based healthcare products. Geyser Brands' vision is to supply consumer healthcare products to both Canadian and global markets with its line of hemp-derived oil and proposed CBD healthcare offerings to the consumer and pet care sector. Also today, the company was featured in the 420 with CNW by CannabisNewsWire.
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 $0.85, up 2.41%, on 38,100 volume with 18 trades. The average volume for the last 3 months is 8,001 and the stock's 52-week low/high is $0.61/$0.85.
- Geyser Brands' 2nd Harvest Complete, 3rd Harvest Yield to Increase 200% in Preparation for Solace Acquisition
- 420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit
- Geyser Brands Inc. (TSX.V: GYSR) Building CBD-Based Product Portfolio in Wellness Industry
Spectrum Global Solutions, Inc. (SGSI)
Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, on Monday announced that the company has received new contract awards worth more than $3.7 million recently to support carrier network upgrades. To view the full press release, visit: http://nnw.fm/aBOa1.
Spectrum Global Solutions, Inc. (SGSI) is a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and staffing solutions to the service provider (carrier) and corporate enterprise markets across the United States, Canada, Puerto Rico, Guam and the Caribbean. Spectrum Global Solutions provides services directly to carriers, aggregators, utilities, enterprise, Project Management Organizations (PMO) and Original Equipment Manufacturers (OEM) clientele through the following subsidiaries:
- AW Solutions, Inc. and AW Solutions Puerto Rico, LLC – Provides best-in-class communications infrastructure deployment services to carriers, OEMs, PMOs, utilities and enterprise clients by offering discrete and full turnkey service solutions for wireless and wireline clientele. AW Solutions holds professional engineering licenses in all contiguous states and in the District of Columbia and Hawaii; the Canadian provinces of British Columbia, Quebec, Ontario, Alberta and Newfoundland and Labrador; in Puerto Rico, Guam and the U.S. Virgin Islands.
- ADEX Corporation and ADEX Puerto Rico, LLC – An international service organization providing turnkey services and staffing solutions to telecommunications carriers and enterprise clients. Since 1993, ADEX has been assisting telecommunications companies throughout the project life cycle of any network deployment. ADEX and its service capabilities extend from the most basic installation functions to the most advanced engineering disciplines for today and tomorrow’s communications networks. Headquartered in Atlanta, Georgia, ADEX employs technical professionals and provides infrastructure services worldwide via domestic and international locations.
- Tropical Communications, Inc. – A state licensed electrical and underground utility contractor headquartered in Miami, Florida, providing all types of communications and infrastructure facility structured wiring services and solutions since 1984.
Through its subsidiaries, Spectrum Global Solutions is a comprehensive single-source provider for professional services and solutions for the development, deployment and maintenance of wireless/Distributed Antenna System (DAS)/small cell/wireline and fiber networks and infrastructure. The company’s services range in scope from a single activity to multiyear, multi-region, large-scale turnkey development contracts with a deepening pool of international, national, regional and local projects. Spectrum Global Solutions has completed more than 150,000 project activities on wireless, DAS, wireline and fiber networks across the United States utilizing licensed professional engineers, project managers, technicians and general contractors.
Growth projections for the telecom industry show a high growth cycle 2018 through 2025 with a four-fold increase in domestic mobile data traffic and up to $150 billion in fiber investment over the next 5-7 years (Deloitte, 2017). The worldwide explosion of smart phones, tablets and BYOD by customers demanding rapid deployment of new apps, private networks with better coverage and enhanced capacity provides a compelling enterprise opportunity market. The imminent rollout of 5G next generation networks, IOT (Internet-Of-Things) technology deployments, the FirstNet national public safety system, small cell/network densification, Dish Network Deployment, fiber and infrastructure network builds for backhaul and expanded deployments, new FCC spectrum auctions and upgrades to 4G, DAS and small cell networks are contributing to a projected $157 billion in U.S. telecommunication carrier capital expenditures by 2021.
CEO Roger Ponder has served as a director of Spectrum Global Solutions since April 2017. Ponder served as President/CEO of Summit Capital Advisors, LLC, and Summit Broadband, LLC a provider of consulting services to private equity and institutional banking entities in the telecommunications, cable and media/internet sectors. He also served as a member of the board of directors of InterCloud Systems, Inc. and served as its Chief Operating Officer from November 2012 to March 2015. Prior to that Ponder retired from Time Warner Kansas City Division as President/CEO. Ponder brings extensive business development, strategic planning and operational experience to the Company.
Keith Hayter is President of Spectrum Global Solutions and has served as a director of the Company since April 2017. Hayter has also served as the Chief Executive Officer and President of AW Solutions Inc. and AW Solutions Puerto Rico LLC since November 2006. He was Vice President and General Manager of Alcoa Wireless Services from 2001-2006. Hayter served in both the U.S. and British armies and brings extensive multi-national experience in the start-up, development, management and growth of companies in the telecommunication, engineering and construction industry.
Spectrum Global Solutions, Inc. (SGSI), closed the day's trading session at $0.1399, up 7.62%, on 153,510 volume with 38 trades. The average volume for the last 3 months is 105,101 and the stock's 52-week low/high is $0.071/$2.59.
- NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures More Than $3.7M in New Contracts
- NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Posts Q4, Full Year 2018 Financial Results
- Spectrum Global Solutions Inc. (SGSI) Builds and Maintains the Future with Service Growth in Telecommunications Sector
Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FF: O3X4)
Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. To view the full press release, visit: http://nnw.fm/DM8Re.
Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FF: O3X4) is a merchant bank focused on providing debt and equity funding in the mid to late stages of a target company’s development and for technologies that are developed and validated by revenues. Redfund’s current focus is on medical cannabis, hemp and cannabidiol (CBD) related and healthcare-related companies.
As the first medical cannabis incubator and accelerator financing medical cannabis, CBD and hemp companies through a debt facility, Redfund is effectively bridging finance gaps and helping revenue-producing medical cannabis-related companies grow and build their valuations without prematurely diluting their equity.
The central components of the company’s business strategy are:
- Establishing the foundation of a loan portfolio that generates revenues through monthly interest income from loans to cover all general and administrative expenses related to day-to-day operations.
- Growing shareholder value by converting all or part of loans and warrants into equity in portfolio clients as clients build their valuations by entering the public markets or becoming the high-priced targets of larger entities.
Redfund was designed by bankers and entrepreneurs possessing years of experience in business, consulting, capital markets, corporate finance and healthcare services. The company is actively looking beyond borders and creating global companies that have strong fundamentals and are ready to expand.
Redfund’s investments are deployed to companies that have demonstrated success in their business but need a capital bridge in order to expand. Redfund’s team of professionals vet every project and analyzes each prospective client’s financials and business plans. Once a project is approved, Redfund’s legal team carefully scrutinizes the collateral used to securitize the individual loans.
The strategy employed by Redfund includes:
- Diversifying investments in Canada and other countries
- Building an international footprint with established national leaders
- Funding new drug delivery systems and helping nutraceuticals become mainstream drugs
- Introducing companies to Canada as a viable option for public listings
- Becoming a premier go-to lender for established companies
The company’s revenue sources include:
- Interest-bearing debt instruments with asset-backed collateral to securitize loans
- Equity kicker of warrants coverage on original loan
- Conversion ability of loan in its entirety
- Advisory fees from contracts for consulting on growth strategies
- Right of first refusal on future financing in each company funded
Redfund Capital Corp. (OTCQB: PNNRF), closed the day's trading session at $0.131, even for the day, on 5,000 volume. The average volume for the last 3 months is 503 and the stock's 52-week low/high is $0.10/$0.505.
- NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Commences Trading on the OTCQB Venture Market
- Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform
- 420 with CNW – Nevada Dragged to Court Over the Issuance of Marijuana Licenses
SinglePoint, Inc. (SING)
Technology and investment company SinglePoint Inc. (OTCQB: SING) this morning issued an update on its hemp and CBD sales and marketing strategy. Per the update, the company has provided private label products, formulated custom products for clients and is now working to distribute raw materials, including full spectrum oils, isolate and other byproducts of the hemp plant for use in the creation of CBD products. To view the full press release, visit http://nnw.fm/kJ89b.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
- A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis' SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint's bitcoin payment solution to enable growers to process safer and more secure transactions.
- A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout's subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
- A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
- Signed original "Shark Tank" member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet's secure method of storing cryptocurrencies.
- Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
- Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary's product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation's largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint's chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SinglePoint, Inc. (SING), closed the day's trading session at $0.0135, even for the day, on 9,633,641 volume with 146 trades. The average volume for the last 3 months is 3,816,935 and the stock's 52-week low/high is $0.0106/$0.068.
- NetworkNewsBreaks – SinglePoint Inc. (SING) Issues Update on Hemp and CBD Sales and Marketing Strategy
- NetworkNewsBreaks – SinglePoint, Inc. (SING) President Updates Company's Work in CBD on MoneyTV with Donald Baillargeon
- NetworkNewsBreaks – SinglePoint, Inc. (SING) Releases Video Shareholder Update Featuring CEO Greg Lambrecht on Company Strategy, Initiatives
TransCanna Holdings Inc. (CSE: TCAN)
TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) ("TransCanna" or the "Company") applied for a permanent manufacturing, distribution and a transportation license this week with the city of Adelanto, CA. "Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible. Subsequent to the GoodFellas acquisition we will be able to prepare and package the Daily Cannabis Brand pre-rolls at the facility and then deliver the products to the dispensaries without the need to bring in a third party," stated Jim Pakulis, CEO of TransCanna.
TransCanna Holdings Inc. (CSE: TCAN) through its subsidiaries specializes in assisting clients who are cannabis farmers and manufacturers get recognized by end consumers who in turn purchase their products. TransCanna offers or will be offering services to support almost every aspect of the cannabis-related eco-system; from branding and design, to transportation and distribution, to marketing and sales.
California’s legalized adult-use recreational marijuana market opened for business January 1, 2018. The state’s Bureau of Cannabis Control is responsible for regulating all commercial activities in the state including cultivation, distribution and transportation. Moving cannabis products in the California marketplace is extremely challenging due to municipal and state laws and regulations, which can differ among cities and counties. Since cannabis remains illegal under federal law, Department of Transportation regulated companies are barred from participating in the market, which means companies looking to excel in the sector must hold a state-issued distributor license from the Bureau of Cannabis Control.
TransCanna has already entered into an Intellectual Property Rights and Royalty Agreement for the Track & Trace software platform required by the state of California. TCM Distribution, the operating company managed by TransCanna, has received a transportation and distribution permit from the city of Adelanto and a temporary transportation and distribution permit from the state of California. TransCanna has also executed a land lease to build a 10,000-square-foot transportation and distribution facility in Adelanto.
TransCanna is strategically creating a distribution network throughout California that places its facilities no further than a three-hour drive from most any client. The company is in the process of leasing or purchasing properly licensed and permitted warehouses strategically located throughout California along with new secure trucks, sprinter vans and/or armored vehicles.
TransCanna plans to create its own portfolio of branded products for the cannabis and hemp sectors. The company’s management team intends to translate the skills, knowledge and experience gained from a combined 60 years of branding and marketing experience in the music, professional sports and alcohol industries into TransCanna and the cannabis industry.
As part of the “TransCanna Way,” the company intends to manage most aspects of the supply chain from upper end procurement, branding, transportation and distribution, to marketing and sales.
Leading TransCanna as its CEO and chairman is James Pakulis, who has three decades of experience working with public and private entrepreneurial companies in a variety of emerging and high-growth sectors. He is formerly the president and a director of Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQB: LDSYF), a vertically integrated cannabis-related entity operating in California. Pakulis was chairman and CEO of General Cannabis Inc. which from 2010 to 2012 owned WeedMaps. Pakulis oversaw the company’s growth from zero to over $16 million in annual revenue in less than 24 months.
The company’s strategic advisors include individuals with extensive experience in branding, marketing, sales, distribution, production and supply chain management.
For additional information, call: (604) 609-6199
TransCanna Holdings Inc. (CSE: TCAN), closed the day's trading session at $7.30, off by 3.95%, on 86,248 volume with 174 trades. The average volume for the last 3 months is 190,926 and the stock's 52-week low/high is $0.769/$7.789.
- TransCanna Applies For Manufacturing, Distribution & Transportation Licenses For Adelanto Facility
- TransCanna Acquires Massive Vertically Integrated Cannabis Facility in California -- CFN Media
- TransCanna Will Acquire Daily Cannabis Goods Brand with GoodFellas Acquisition
Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8)
Kontrol Energy Corp. (CSE: KNR, OTCQB: KNRLF, FSE:1K8) ("Kontrol" or 'Company') a leader in the energy efficiency sector through IoT, Cloud and SaaS technology announces its fiscal 2018 financial results for the year ended December 31, 2018. Highlights include revenue for the year of $10.7 million, up 56% over the prior year.
Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8) specializes in the integration of smart energy technologies and solutions for North American commercial and industrial property owners and operators to help them benefit from energy cost savings and minimize greenhouse gas emissions. Kontrol is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology and is ranked by Canadian Business and Maclean’s as the 7th fastest growing startup in 2018.
Kontrol’s leadership position is reshaping the way customers use, manage and strategically allocate energy resources to realize immediate energy savings by gaining more control over energy consumption and demand in real-time.
As the fastest growing global “fuel source,” energy efficiency is big business with industry analysts noting this multi-trillion-dollar market offers significant opportunities over the next five years. Established market segments include: energy retrofits ($71.4 billion); distributed generation ($179.9 billion); energy analytics ($33.5 billion); and greenhouse gas/carbon measurement, reduction ($1.2 trillion). Each $1 invested in energy efficiency displaces up to $3 of utility-scale transmission and distribution investment, according to the International Energy Agency.
Formed in 2015 by a group of energy veterans who recognized that the energy efficiency industry is one of the fastest growing fuel sources for the global economy, Kontrol is committed to enhancing and improving its customers sustainability objectives. In less than two years, Kontrol has grown its revenue run rate to $16 million from $1.8 million, delivering on stated goals and objectives as it seeks to continue this pattern through accretive acquisitions and the expansion of the company’s smart energy technologies.
Up to 50 percent of Kontrol’s overall revenues are recurring annually, and the company’s 2019 outlook includes strategic initiatives that will expand the company’s smart energy technologies to U.S. markets, bring additional accretive and strategic acquisitions, and accelerate recurring SaaS revenues.
Kontrol’s strategy of disciplined mergers and acquisitions includes the following highlights:
- Acquisition of Log-One Ltd.’s award-winning energy conservation technology, Energy Management System (“EMS”), an intelligent, occupancy-based heating and air-conditioning control system for commercial and multi-residential real estate. Rebranded as Kontrol EMS Technology, the company has added IoT and mobile application capabilities, creating a recurring revenue platform through a Software-as-a-Service (SaaS) platform.
- Acquisition of ORTECH Consulting Inc., an engineering consulting firm specializing in Greenhouse Gas (GHG) reporting, emission testing, air quality testing and renewable energy/power consulting.
- Acquisition of Efficiency Engineering Inc. (“EE Inc.”), which provides engineering services to industrial, municipal and commercial building owners across Canada. EE Inc. provides detailed energy efficiency analysis, energy audits, management of facility system solutions, electrical and mechanical design and energy conservation studies.
- Acquisition of MCW Dimax Ltd. (“MCX”), a firm specializing in solutions for the application of energy software to analyze the management of complex heating, ventilation and cooling systems for large residential, commercial, and mission critical real estate owners.
- Acquisition of CEM Specialties Inc. (“CEMSI”), a market leader in turn-key emission monitoring, equipment and solutions.
The company has also established entry into the North American cannabis market as a supplier of integrated energy efficiency solutions and technologies. Within this market, Kontrol is focused on assisting cannabis growers to reduce the cost of energy and support mission critical infrastructures. To date, Kontrol has secured two contracts to provide energy efficiency services with Licensed Producers in the Canadian cannabis sector.
The Kontrol Energy group of companies is currently saving its customers more than 40 million kilowatt hours of electricity per annum and providing a corresponding reduction in GHG emissions.
Kontrol’s management team includes CEO Paul Ghezzi, a leader in clean tech, renewable energy development, solar project financing and distributed generation. Ghezzi has global experience in power generation projects under Feed-in Tariff programs and Power Purchase Agreement programs for both commercial and utility-scale projects. COO Kristian Lavereau has more than 25 years of experience in the IT solutions (analytics and mobile computing), energy optimization and efficiency (intelligent control systems, solar PV, lighting). Claudio Del Vasto, CPA, CA | CFO, is a senior finance executive with an extensive background in corporate finance, strategy and business development.
Kontrol Energy Corp. (CSE: KNR), closed the day's trading session at $0.607, off by 0.77%, on 14,792 volume with 10 trades. The average volume for the last 3 months is 38,802 and the stock's 52-week low/high is $0.449/$0.699.
- Kontrol Energy Announces Record Fourth-Quarter and Full Year 2018 Financial Results
- Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Provides Energy-Efficiency Solutions, Technologies in Burgeoning Cannabis Sector
- Kontrol Energy Schedules Fiscal 2018 Financial Results Release and Conference Call
Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot featuring Sproutly Canada, Inc. (CSE: SPR) (OTCQB: SRUTF), looking at cannabis-infused beer JV's and distribution partnerships as they ready themselves for the upcoming Canadian consumables market, as regulations are expected to permit this October. The attention surrounding cannabis-infused beers is bringing in new players such as Sproutly Canada, Inc. and Moosehead Breweries Limited, who just announced that they have entered into a definitive agreement to form an exclusive joint venture to develop, produce, and market cannabis-infused beverages in Canada using Sproutly's acquired proprietary, naturally produced water-soluble cannabinoids known as Infuz2O. Also today, the company announced it will be hosting a conference call with Keith Dolo, CEO of Sproutly, Dr. Arup Sen, Chief Science Officer of Sproutly, and Matthew Oland, Moosehead Breweries Limited executive and incoming CEO of the Joint Venture (defined below), at 9:30am Eastern Time on May 1st, 2019.
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 $0.653, off by 5.36%, on 3,139,747 volume with 998 trades. The average volume for the last 3 months is 618,985 and the stock's 52-week low/high is $0.189/$1.875.
- Better Together: Cannabis-Infused Beer JV's Ready Themselves for October Legalization
- Sproutly Schedules Conference Call and Webcast to Discuss Joint Venture with Moosehead Breweries
- Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula
VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, Abcann Medicinals Inc. and Harvest Medicine Inc., this morning announced the release of its Q4 and 2018 annual financial and operating results. To view the full press release, visit: http://nnw.fm/uE7t7.
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 $0.6141, off by 7.79%, on 997,621 volume with 368 trades. The average volume for the last 3 months is 324,243 and the stock's 52-week low/high is $0.413/$1.53.
- NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results
- 420 with CNW – Group Plans 2020 Ballot Measure to Legalize Recreational Cannabis in Montana
- NetworkNewsBreaks – VIVO Cannabis Inc.'s (TSX.V: VIVO) (OTCQX: VVCIF) Canna Farms Receives Local Municipal Approval for B.C. Facility Expansion
Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF)
Phivida Holdings Inc. (CSE: VIDA OTCQX: PHVAF) ("Phivida" or the "Company") announces it has entered into a definitive agreement to acquire Wikala.com Inc. ("Wikala"), a Canadian technology firm (the "Transaction"). Wikala is imminently launching a comprehensive e-commerce site featuring cannabis products and accessories, including Phivida's Oki beverages and hemp oil supplements, and Vida+ hemp CBD oil extracts and capsules. Wikala's online education and information platform, Greencamp.com, will drive traffic to the site. Greencamp.com provides an online content platform focused on the cannabis sector. The site's offering of news, reviews, health tips, and how-to guides, all based around CBD and cannabis, is valued by users and encourages ongoing engagement.
Headquartered in Vancouver, Canada, with operations in San Diego, Calif., Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) is a premium food and beverage company that focuses on whole plant nutrition and natural ingredients that help best maintain overall health and balance in the human body. The company infuses active hemp into a variety of premium foods, beverages and supplements and is poised for global distribution. Phivida is guided by a team of Fortune 500-caliber executives focused on a new strategic portfolio of products and brands, comprehensive consumer research, new product and brand development, improved visual identity and packaging design, and a strong distribution strategy.
The company’s mission is to become a leader in whole plant solutions by providing holistic remedies for a more natural alternative to pharmaceuticals and by guiding people toward a healthy lifestyle. Phivida embraces and celebrates a return to organic, natural, plant-based foods and beverages and a focus on holistic health and wellness.
Publicly traded on the Canadian Securities Exchange (CSE: VIDA) and the OTCQX Best Market in the U.S. (OTC: PHVAF), the company’s strong balance sheet carries CAD$13 million with no debt or loans with ~60 million shares outstanding, and the company is now well-capitalized to fund major mainstream distribution with a solid structure that is poised for long-term growth.
Phivida’s management team includes president and CEO Jim Bailey, former president of Red Bull Canada and global chief marketing officer for Merrell Outdoors; Chief Marketing Officer Michael Cornwell, former chief marketing officer for Samsung New Zealand and the former director of marketing for Red Bull Canada; and Doug Campbell, former director of sales for Red Bull North America, who, as Phivida’s chief commercial officer, is tasked with driving new sales revenue growth.
Using encapsulation technology, Phivida uses full spectrum CBD-hemp oil (rich in naturally occurring phytocannabinoids) converted into a water-soluble delivery format, which enhances delivery and absorption of the cannabinoids into the human body – up to an estimated tenfold.
The whole plant hemp extract is infused into functional beverages, food and supplements to target a range of health and wellness conditions. Phivida strives to lead the industry in product quality through high-quality ingredients and best-in-class testing. The Company has partnered with Flora Labs to test and ensure consistency and potency of all products. Flora Labs is a world-class testing lab with stringent QA and QC quality assessment protocols and will provide Phivida with ongoing impartial quality testing.
Federally legal under the 2014 Farm Bill, CBD from hemp oil is a rapid growth market across the U.S. When derived from marijuana, CBD remains a schedule 1 controlled substance, giving hemp-derived CBD oil-infused products a competitive advantage on regulations. On June 28, 2018, the U.S. Senate passed the Agriculture Improvement Act of 2018 (i.e. the “Farm Bill), lifting the U.S. Industrial Hemp laws to an agricultural commodity status and effectively removing hemp from the controlled substance list.
Earlier this year, another milestone court ruling also provided significant regulatory support for the U.S. CBD-hemp sector. In February 2018, the Supreme Court presided over the HIA (Hemp Industry Association) vs. DEA (Drug Enforcement Agency) in a class-action suit concerning the issue of CBD extracted from hemp and the legality of industrial hemp. In the final ruling, the Supreme Court unequivocally determined that hemp (and its derivatives), when produced domestically under the Farm Bill, are not a controlled substance.
The Supreme Court ruling also found the Farm Bill (as it relates to hemp) “pre-empts” the Controlled Substances Act. Congress has since exempted Farm Bill hemp from the Controlled Substances Act (CSA), giving the Farm Bill primary jurisdiction over the governance of the CBD-hemp oil industry in the U.S.
The DEA further conceded it does not “seek to control cannabinoids” and that only marijuana-derived cannabinoids are governed under the Controlled Substances Act. In May of 2018, the DEA issued a formal directive to all federal agencies (e.g., U.S. Customs and Border Patrol) stating that cannabinoids are not controlled substances unless derived from marijuana, and that the “mere presence of cannabinoids” in any product or derivative does not render it a controlled substance. The Supreme Court ruling also resulted in the mediation of a settlement in what is now the third successful HIA vs. DEA suit in over a decade.
In Canada, the Senate approval of Bill C-45 legalized the production, distribution and use of recreational cannabis, with edibles to be added in 2019. The bill officially became law as of Oct. 17, 2018, creating a legal framework for the production, distribution, sale and possession of cannabis across Canada including cannabinoid-infused beverages.
- Vida+: Vida+ is the company’s premium, clinical-grade-strength, full-spectrum hemp oil extract and capsule line designed to help people feel their best. The products are sourced from the best organic hemp and natural ingredients on the market and are third-party lab tested for quality, purity and potency at world-class facilities.
- Oki: The Oki lifestyle brand is the company’s newly launched line of functional beverages and supplements infused with active hemp extract and will be available to consumers in up to 2,400 natural specialty store locations within the United States. Oki beverages are infused with 10 milligrams of active hemp extract per bottle and come in two different formulations: iced teas and flavor-infused water, each available in four different 16-ounce flavors. Oki supplements are available in tinctures or capsules that range in doses from 600-1,800 total milligrams of active hemp extract.
- All products contain non-GMO, natural and organic ingredients and are plant-based and vegan friendly and packaged in sleek, 100 percent recyclable glass containers.
WeedMD-Phivida Joint Venture
Phivida has partnered with WeedMD Inc. (TSX-V: WMD) (OTC:WDDMF) (FSE:4WE), a Health Canada federally licensed producer and distributor of medical cannabis, to form a joint venture focused on manufacturing, marketing and distributing cannabinoid-infused beverages. CanBev is on track to build and operate the first cannabis-infused beverage production facilities in Canada. The joint venture will focus on manufacturing, marketing and distributing cannabinoid-infused beverages for the legalized medical and adult-use cannabis markets. WeedMD will be the exclusive cannabis supplier and distributor for CanBev cannabis-infused beverages. Phivida will be responsible for product innovation, research and development, formulation and branding.
Phivida has an exclusive national agreement with Natural Specialty Sales (“NSS”), an Acosta company. NSS is recognized as the industry leader in natural/specialty retail channel trade across the U.S. Phivida’s launched OKI brand of premium CBD products is now the exclusive CBD-infused beverage and health supplements products brand represented by NSS. This establishes Phivida as the first CBD brand company to officially cross over into national mainstream distribution across the U.S., providing new access to over 2,400 retail locations in a major distribution channel market valued at over USD $4.1 billion in retail sales.
The NSS exclusive agreement provides access to a national network of retail stores across the U.S. This national network includes major retail banners such as: Whole Foods Market, Sprouts Farmers Market, National Coop Grocers, etc. The partnership also provides the opportunity to access an additional 25,000 national conventional grocery supermarkets, including Walmart, Target, Kroger, Publix and others, via Acosta’s national sales network.
+1 (844) 744-6646 (ext. #2)
Phivida Holdings Inc. (PHVAF), closed the day's trading session at $0.57735, off by 13.23%, on 688,242 volume with 217 trades. The average volume for the last 3 months is 114,344 and the stock's 52-week low/high is $0.05/$1.06.
- Phivida Holdings Inc. Enters Definitive Agreement to Acquire Wikala.com Inc.
- NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Online Store, Offering Active Hemp Extract Infused Products
- NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Enters Strategic Partnership with Scout Distribution
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that the city of Vancouver has approved and issued a building permit for City Cannabis Co's 2317 Cambie Street location, which will be included in Wildflower's previously-announced and pending acquisition of the company. To view the full press release, visit: http://nnw.fm/7CvGK.
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 $0.528, off by 3.31%, on 25,120 volume with 10 trades. The average volume for the last 3 months is 22,963 and the stock's 52-week low/high is $0.009/$1.139.
- NetworkNewsBreaks – Wildflower Brands Inc.'s (CSE: SUN) (OTCQB: WLDFF) City Cannabis Acquisition to Include Cambie Street Location
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver's City Cannabis Corp.
- Wildflower Featured in CannabisNewsAudio Broadcast Examining Rare Opportunities for Profit in Cannabis Market
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