The QualityStocks Daily Monday, May 6th, 2019

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The QualityStocks Daily Stock List

Valens GroWorks Corp. (VGWCF)

Proactive Investors, Stockhouse, Midas Letter, OTC Markets, CannabisMarketCap, Market Screener, MarketWatch, Seeking Alpha, Talk Markets, Investing News, InvestorsHub, GuruFocus, Pot Stock News, Technical420, Nasdaq, New Cannabis Ventures, Tmxmoney, Zeeland Press, The Street, Stockwatch, Barchart, Trading View, Canadian Insider, Equities and Investor Ideas reported earlier on Valens GroWorks Corp. (VGWCF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Based in Kelowna, British Columbia, Valens GroWorks Corp. cultivates and creates, in the Okanagan Valley, premier cannabis extracts. The OTCQB-listed Company, at every step, transforms cannabis plants into first-rate oils for local and global markets. Valens GroWorks offers three extraction services. These are Crude Oil, Refined Oil, and White Labeling. Valens' innovative research and analysis facility is named the "Centre of Excellence in Plant-Based Science" by Thermo Fisher. This facility ensures cannabis products are safe and pure.

Valens GroWorks is a multi-licensed provider of cannabis products and services. These products and services are centered on different proprietary extraction methodologies, distillation, cannabinoid isolation and purification, and associated quality testing. Company subsidiary, Valens Agritech (VAL) holds a license to cultivate cannabis and produce cannabis oil under the Cannabis Act. It also has a license to conduct analytical testing for the cannabis industry.

Additionally, Subsidiary Valens Labs is a Health Canada licensed ISO 17025 accredited cannabis testing lab. It provides sector-leading analytical services. Moreover, Valens Labs has partnered with Thermo Fisher Scientific to develop a Centre of Excellence in Plant Based Science.

Furthermore, Subsidiary Valens Farms is in the process of becoming a purpose-built facility in compliance with European Union (EU) Good Manufacturing Practices (GMP) standards. This ensures the product from the facility can be exported anywhere globally where Cannabis is nationally legal for medical or adult usage purposes.

Last week, Valens GroWorks announced it closed its earlier announced bought-deal prospectus Offering. It issued an aggregate of 14,618,644 units of the Company at a price of $2.95 per Unit. This included the full exercise of the Underwriters' over-allotment option for collective gross proceeds to Valens GroWorks of $43,125,000. Valens plans to use the net proceeds from the Offering to boost extraction capacity at its Kelowna facility, build out the recently acquired adjacent property to add more post processing, product development and white label capacity, and for general corporate purposes.

Valens GroWorks principal goals for Fiscal 2019 are to execute on its existing extraction contracts with industry partners and secure additional extraction and product development contracts. Its goals also include receiving EU GMP certification and entering the global marketplace. Furthermore, its main goals are to expand its offerings into the cannabis-infused beverage, edibles and concentrates markets, and also to focus on geographic facility and capacity expansion.

Valens GroWorks Corp. (VGWCF), closed Monday's trading session at $3.21, up 7.00%, on 542,263 volume with 966 trades. The average volume for the last 3 months is 338,680 and the stock's 52-week low/high is $0.79/$3.66.

CV Sciences, Inc. (CVSI)

Proactive Investors, MicroSmallCap, Equities, Zacks, Trading View, Barchart, Stockhouse, Tmxmoney, InvestorsHub, Stockwatch, Marketbeat, Wallet Investor, MarketWatch, Pot Stock News, Last10k, New Cannabis Ventures, Morningstar, 4-Traders, GuruFocus, CannabisMarketCap, Infront Analytics, Analyst Ratings, The Street, Simply Wall St, Daily Marijuana Observer, Ceo.ca, Insider Tracking, Insider Financial, and Streetwise Reports reported earlier on CV Sciences, Inc. (CVSI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

OTCQB-listed, CV Sciences, Inc. is a supplier and manufacturer of hemp CBD products. The Company operates two distinct business segments. One is a consumer product division centered on manufacturing, marketing and selling hemp-based CBD products to a range of market sectors. The other is a drug development division centered on developing and commercializing novel therapeutics using CBD. CV Sciences has main offices and facilities in San Diego, California and Las Vegas, Nevada.

CV Sciences' PlusCBD Oil is the top-selling brand of hemp-derived CBD on the market, according to SPINS, the foremost provider of syndicated data and insights for the natural, organic and specialty products industry. The Company's Pharmaceutical Division is developing synthetically‐formulated cannabidiol‐based medicine, pursuing the approval of the U.S. Food and Drug Administration (FDA) for drugs with specific indications using cannabidiol (CBD) as the active pharmaceutical ingredient.

The Company's Consumer Products Division delivers botanical‐based cannabidiol products. At present, these products are distributed nationally in health food stores, health care provider's offices, as well as online. All of CV Sciences' products are Non GMO, gluten-free, and tested to ensure the best quality CBD Oil available. The Company uses CO2 extraction and a chemical-free extraction process that is environmentally friendly and safe for all of its hemp CBD oil.

Last month, CV Sciences announced the appointment of Mr. Joerg Grasser as Chief Financial Officer (CFO), effective March 21, 2019. Mr. Grasser brings to his new role over two decades of experience and a wide-ranging background in accounting, finance, financial reporting and operations. He has served as Chief Accounting Officer of CV Sciences since December of 2018.

This week, CV Sciences announced further expansion of its PlusCBD Oil™. As of March 31, 2019, PlusCBD Oil™ branded products are available in 3,308 retail stores. This represents an increase of 48 percent from 2,238 retail stores as of December 31, 2018. The expansion includes increasing distribution of its best-selling topical, PlusCBD Oil™ Extra Strength Balm, into the Food, Drug and Mass (FDM) channel. This includes programs with top national retailers.

Recently, CV Sciences announced financial results for the year ended December 31, 2018. Fiscal 2018 Financial and Operating highlights include record Revenue of $48.2 million for 2018. This represents an increase of 133 percent over 2017. The Company had record Net Income of $10.0 million, or $0.09 per fully diluted share. Record adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $14.0 million or 29.0 percent of Net Revenue for 2018. This represents an increase of $12.4 million from $1.6 million for 2017.

CV Sciences, Inc. (CVSI), closed Monday's trading session at $5.34, up 5.74%, on 941,785 volume with 1,426 trades. The average volume for the last 3 months is 1,067,785 and the stock's 52-week low/high is $0.71/$9.20.

Chesapeake Gold Corp. (CHPGF)

24hgold, Penny Stock Tweets, Mining Stock Valuator, Research Pool, Northern Miner, Small Cap Network, Silicon Investor, Trading View, Stock Invest, Barchart, Wallet Investor, InvestorsHub, Stockhouse, Baystreet, Investors Hangout, The Street, Dividend Investor, InvestorIntel, GuruFocus, Gold Stock Data, YCharts, Equity Clock, and Market Screener reported beforehand on Chesapeake Gold Corp. (CHPGF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Chesapeake Gold Corp. centers on the exploration and development of precious metals projects in North America. Its major project is its 100 percent owned Metates gold deposit in Durango state, Mexico. The Company mainly explores for gold, silver, and zinc deposits. Chesapeake Gold lists on the OTC Markets Group's OTCQX. Incorporated in 2002, the Company is based in Vancouver, British Columbia.

Regarding Metates, Independent Mining Consultants reported NI 43-101 proven and probable reserves of 18.5 million ounces of gold, 526 million ounces of silver and 4.2 billion pounds of zinc. The metal prices assumed for the reserves are $1,200 per ounce gold and $25 for silver per ounce at a cut off grade of 0.35 g/t gold equivalent. Metates is one of the largest undeveloped gold and silver projects in the world.

Metates benefits from its highest ore grade early in the mine life, a low strip ratio, and close proximity to important existing infrastructure. Metates has the option to be an initial 30,000 tpd or 60,000 tpd mine that expands to full nameplate capacity. A Pre-Feasibility Study (PFS) indicates at the Phase 2 throughput rate of 120,000 tpd, annual production over 25 years would be 659,000 ounces of gold, 16 million ounces of silver and 143 million pounds of zinc at a gold equivalent cash cost of $490 per ounce, net zinc credits. M3 Engineering performed the PFS.

Last month, Chesapeake Gold provided a progress report on its regional exploration programs near its world class Metates Project and the Tatatila Project in Veracruz State, Mexico. Tatatila is a district scale project hosting gold-copper skarn mineralization that strategically surrounds Mexican Gold Corp.'s Las Minas project. Reconnaissance exploration work continues at Tatatila to discover skarn bodies developed along the contact of intrusive dikes and sills and older limestones. To date (as of March 5, 2019), Chesapeake Gold has identified seven prospects at Tatatila.

Mr. Randy Reifel, President of Chesapeake Gold, said in March, "This year our exploration focus will be on the under-explored region surrounding Metates and adjacent areas that would be positively impacted by an operating world class mine. Typically, satellite mineral deposits form clusters around large, world class deposits. Chesapeake's organic project pipeline including new discoveries such as Crisy, would capitalize on the expanded road network and related infrastructure from the future development of Metates."

The Crisy Project, Durango, is a new discovery several kilometers south of Metates. Crisy encompasses a northwest trending zone of quartz breccia and stockwork over two kilometers long hosted in shales. Three channel samples over a strike length of 500 meters along the northwest trending zone returned 24 meters of 1.5 g/t gold, 13 meters of 1.1 g/t gold and 14 g/t silver and 4 meters of 2.5 g/t gold and 49 g/t silver. Furthermore, channel samples taken 200 meters apart from an intersecting northeast trending branch of the zone returned 14 meters of 2.0 g/t gold and 43 g/t silver and 10 meters of 1.4 g/t gold and 9 g/t silver.

Chesapeake Gold Corp. (CHPGF), closed Monday's trading session at $1.2407, down 3.62%, on 5,229 volume with 16 trades. The average volume for the last 3 months is 7,732 and the stock's 52-week low/high is $1.10/$1.98.

Elixinol Global Limited (ELLXF)

Micro Small Cap, Tip Ranks, Micro Cap Daily, Stockwatch, Trading View, Stockhouse, Insider Financial, New Cannabis Ventures, Wallet Investor, Barchart, StreetWise Reports, Daily Marijuana Observer, Wall Street Reporter, and MarketWatch reported previously on Elixinol Global Limited (ELLXF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Elixinol Global Limited, via its businesses, has an international presence in the cannabis industry. This includes hemp-derived CBD dietary supplements, food and wellness products, and the cultivation and manufacture of medicinal cannabis products. The Company is widely regarded as one of the most influential CBD brands globally. It is one of the few CBD hemp extract brands with complete seed-to-sale control over its products. Elixinol Global Limited lists on the OTC Markets' OTCQX. The Company is based in Sydney, Australia. Colorado-based Elixinol is a subsidiary of parent Elixinol Global Limited.

In addition, Elixinol conducts rigorous third-party laboratory testing and quality control. Elixinol distributes hemp-derived CBD products in 40 countries worldwide. This includes North and South America, throughout Europe, Asia, and the Pacific Region under its own label. It also distributes bulk CBD and wholesale CBD.

Elixinol Global Limited has various businesses. Elixinol USA (founded in 2014) is a manufacturer and worldwide distributor of industrial hemp-based dietary supplement and skin care products. It has operations based out of Colorado. Hemp Foods Australia (founded in 1999) is a foremost hemp food wholesaler, retailer, manufacturer and exporter of bulk and branded raw materials, and finished products.

Moreover, Nunyara was founded in 2014. It established to participate in the developing Australian medicinal cannabis market. Nunyara submitted license applications for cultivation and manufacture to the Office of Drug Control in early 2018. These applications are now pending approval.

Recently, Elixinol announced its latest product innovation, Create | Build | Dream (C | B | D). This is a full-spectrum water-soluble hemp CBD powder. The C | B | D powder comes in three distinct flavors and proprietary terpene profiles – berry, citrus and cocoa. Each is optimized for varying energy needs throughout the day. Each water-soluble flavor is gluten-free, non-GMO, dairy-free and vegan, and packaged in easy-to-use single-serving sachets. Powered by OLEO™, Elixinol C | B | D powder offers double the bioaccessibility of regular CBD. This means higher potency and more potential accessibility.

Last month, Elixinol announced a new take on a best-selling product, Extra-Strength Hemp Balm. This is a soothing topical CBD product for relief and recovery. The balm is specially formulated with a synergistic blend of hydrating plant butter, organic herbal extracts, as well as essential oils. Each Extra-Strength Hemp Balm combines full-spectrum hemp CBD with the deep-penetrating power of botanical extracts. This is to sooth temporary pain and support muscle recovery. The balm contains 250mg of pure, full-spectrum, CBD for double the rejuvenating power and relief of the original hemp balm.

This week, Elixinol announced that it received U.S. Hemp Authority™ Certification. This prestigious certification has only been granted to 14 companies to date. It grants Elixinol the ability to use the Certified Seal of the U.S. Hemp Authority on all hemp product packaging and marketing materials.

Elixinol Global Limited (ELLXF), closed Monday's trading session at $3.43, up 3.94%, on 1,031,586 volume with 1,870 trades. The average volume for the last 3 months is 453,523 and the stock's 52-week low/high is $0.95/$4.25.

Iconic Brands, Inc. (ICNB)

Stock News Union, Discovery Stocks, Insider Financial, Stockhouse, Barchart, InvestorsHub, Wallmine, 4-Traders, Wallet Investor, OTC Markets, GuruFocus, Marketwired, Street Insider, YCharts, Last10k, Trading View, Investors Hangout, Business Wire, Emerging Growth, Stockopedia, Stockwatch, and Simply Wall St reported earlier on Iconic Brands, Inc. (ICNB), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.

Iconic Brands, Inc. is a beverage company listed on the OTC Markets Group's OTCQB. The Company's expertise is developing, from inception to completion, alcoholic beverages for itself and third parties. It markets and places products into national distribution via long standing industry relationships. Iconic Brands offers wine and distilled alcoholic beverages, and also liquor based products infused with hemp and CBD. The Company is headquartered in Amityville, New York.

Iconic Brands is a leader in Celebrity and Private Label beverages. It obtains first-rate and innovative products from around the world and brands its products with globally recognized celebrities and corporate icons. The Company's corporate mission is to be the industry leader in brand development, marketing, and sales of the highest quality alcoholic beverages.

Iconic Brands is under contract with United Spirits - a federally-licensed importer and distributor of alcoholic beverages. In addition, the Company is under contract with Mr. Dan Kay, who maintains a New York State warehousing license for alcoholic beverages.

Regarding Services, Iconic Brands' takes a customer's product idea from concept to completion. This includes everything from sourcing, flavor profiles, packaging, design, marketing and distribution. Iconic an also align a customer's brand with select celebrity endorsement. Iconic markets its products under the Bivi, Bellissima, Bella, and Romano brand names.

In March, Iconic Brands announced it entered into a Letter of Intent (LOI) to acquire recently formed Green Grow Farms, Inc. Green Grow Farms partners directly with farmers to transition their crops to hemp for the purpose of extracting Cannabidiol (CBD Isolate/Oil). It provides full support services and logistics to take product from seed to sale.

Also in March, Iconic Brands announced that Green Grow Farms secured a processor and material supplier agreement with one of the largest vertical Hemp processors in the world. The agreement is for an initial 2-year term. It allows for a minimum of 2 million pounds of biomass to be processed to CBD isolate, and sold under a revenue sharing agreement. With average CBD percentage and processing efficiency rates from Green Grow's farming operations, two million pounds should process into roughly 40,000 kilograms of CBD Isolate.

Earlier this month, Iconic Brands, in conjunction with its Licensed Partner, United Spirits, announced the introduction of Hooters Spirits, with the official debut at this year's WSWA Conference. Hooters Spirits is a private label brand for Hooters of America, the iconic restaurant chain. The product portfolio comprises Hooters Vodka, Hooters Gin, Hooters Rum, Hooters Tequila, Hooters American Whiskey and Hooters Shooter, a cinnamon flavored whiskey.

Iconic Brands, Inc. (ICNB), closed Monday's trading session at $1.70, up 3.03%, on 13,259 volume with 22 trades. The average volume for the last 3 months is 57,825 and the stock's 52-week low/high is $0.452/$2.138.

Intrusion, Inc. (INTZ)

Zacks, Stockhouse, Barchart, Simply Wall St, Wallet Investor, InvestorsHub, Tmxmoney, MarketWatch, YCharts, Insider Tracking, Financial Content, Whale Wisdom, Last10k, Market Screener, Dividend Investor, Trading View, Marketbeat, Investors Hangout, and Stockopedia reported previously on Intrusion, Inc. (INTZ), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Established in 1983, Intrusion, Inc. is a worldwide provider of entity identification, high speed data mining, cybercrime, and advanced persistent threat detection products. The Company's product families include TraceCop™ for identity discovery and disclosure, and Savant™ for network data mining and advanced persistent threat detection. Intrusion lists on the OTC Markets' OTCQB. The Company has its head office in Richardson, Texas.

Intrusion's products help protect critical information assets through rapidly detecting, protecting, analyzing and reporting attacks or misuse of classified, private and regulated information for government and enterprise networks. The Company markets and distributes its products via a direct sales force to end-users, distributors, system integrators, managed service providers, and value-added resellers.

Intrusion's customers mainly include the United States federal government and local government entities, banks, airlines, credit unions, and other financial institutions. Its customers also mainly include hospitals and other healthcare providers, as well as other customers.

The Company's TraceCop is a set of Internet monitoring and tracking products. They provide premier capabilities for the identification of malicious and illegal activities based on historical and current Internet usage data. Intrusion's Savant is a transparent network data capture and analysis solution. It brings science into corporate decision making. The Company's solution provides real-time access and insight into a company's own indisputable and quantifiable network data for more effective, unbiased decision making.

Intrusion also offers Secure Taps™ Network Taps Products. It offers a set of secure network taps that enables easy, quick, and strong deployment of any of the Company's network security appliances. Intrusion notes that using a Secure Tap is the best method for deploying network appliances.

Intrusion also offers Compliance Commander – Sentry. This is a Data Leak Prevention/Content Monitoring and Filtering product. In 2003, the Company started development on its Compliance Commander Sentry product. It is a content monitoring and filtering (CMF) solution for protecting confidential customer data from leaking onto public networks. Compliance Commander launched in 2004.

This past February, Intrusion announced financial results for the quarter and year ended December 31, 2018. The Company's Net Income for Q4 2018 was $0.9 million, versus Net Income of $0.2 million for Q4 2017. Net Income for the year 2018 was $2.3 million, versus a Net Loss of $30,000 for 2017.

Revenue for Q4 2018 was $3.0 million, versus $2.1 million in Q4 2017. Revenue for the year 2018 was $10.3 million, versus $6.9 million in 2017.

                   

Intrusion, Inc. (INTZ), closed Monday's trading session at $4.45, up 0.23%, on 615 volume with 8 trades. The average volume for the last 3 months is 11,070 and the stock's 52-week low/high is $0.82/$4.46.

Fearless Films, Inc. (FERL)

Penny Stock Hub, Street Insider, Stockhouse, YCharts, MarketWatch, InvestorsHub, GuruFocus, OTC Markets, The Street, Barchart, Stockbase, Interactive Brokers, Seeking Alpha, Wallet Investor, Investing Online, Stockopedia, Trading View, and Dividend Investor reported previously on Fearless Films, Inc. (FERL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Fearless Films, Inc. is a full service video production company headquartered in Concord, Ontario. The Company shoots and edits on all formats. This includes film and high definition through to DV and mini DV. Fearless Films offers its services to directors and writers, and also post-production and distribution/fulfillment. The Company's shares trade on the OTC Markets Group's OTCQB.

Fearless Films' services include Video TV and Film Production; Animation and Special Effects; and Web Video. In addition, its services include Editing; Branding and Advertising; and Logos and Graphic Design for Print. The Company notes that its favorite tasks are commercial video shooting, creation of presentation and image commercials, corporate films, shooting events, concerts, competitions, training movies, and TV shows.

The Company's services comprise production elements, including creative brief, editing, script writing, talent acquisition, voice overs, sound tracks, as well as graphical animation. Fearless Films' Video Studio was formed in 2005 from a group of professional directors, cameramen, and producers. The primary activity is the production of video advertising and viral commercials, corporate films and documentaries, among other activities.

Regarding Video TV and Film Production, Fearless Films works with professional quality camera equipment, including its Black Magic and Canon 5d MK 3 cameras. Concerning Animation and Special Effects, Video Studio specialists are developing computer graphics. This includes Video Design, 2-D and 3-D Animation, Motion Design, and also visual effects.

Pertaining to Editing, the Company's experts carry out editing of one-reeler. It subsequently implements color correction and final mixing of sound. Regarding Branding and Advertising, a large number of professionals - copywriters, art-directors, directors, cameramen, editing directors, composers, special effects, and more produce first-rate promotional video. Concerning Logos and Graphic Design for Print, logo preparation is in Corel Draw, Adobe Illustrator, and also EPS formats. After logo creation, the client receives a disk with the logo in vector format for printing.

Fearless Films, Inc. (FERL), closed Monday's trading session at $1.30, up 30.00%, on 26,635 volume with 143 trades. The average volume for the last 3 months is 1,624 and the stock's 52-week low/high is $0.50/$3.28.

CleanSpark, Inc. (CLSK)

StockPulse, Insider Financial, Market Screener, Uptick Newswire, Stockhouse, Wallet Investor, Simply Wall St, Trading View, Insider Tracking, Stockopedia, Marketbeat, Dividend Investor, Last10k, InvestorsHub, Micro Cap Daily, and Barchart reported earlier on CleanSpark, Inc. (CLSK), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.

CleanSpark, Inc. is a microgrid and custom electrical equipment company listed on the OTCQB. The Company features advanced, proprietary engineering, software and controls for unique distributed energy resource management systems. The Company previously went by the name Stratean, Inc. It changed its name to CleanSpark, Inc. in November of 2016. Incorporated in 1987, CleanSpark is headquartered in Bountiful, Utah.

The Company provides advanced energy software and control technology, which enables a plug-and-play enterprise solution to contemporary energy challenges. CleanSpark's services comprise intelligent energy monitoring and controls, microgrid design and engineering, microgrid consulting services, and turn-key microgrid implementation services.

CleanSpark's software permits energy users to obtain resiliency and economic optimization. The Company's software is innovatively capable of enabling a microgrid to be scaled to the user's specific needs. It can be broadly implemented across commercial, industrial, military, agricultural and municipal, deployment.

This past February, CleanSpark announced its first contract executed outside of the U.S. The Company was awarded a contract to serve as the technical consultant for a large industrial park in Costa Rica. Services will include financial feasibility study, conceptual engineering, procurement and construction support, programming, testing, and commissioning of the system in partnership with a local EPC (Engineering Procurement and Construction) firm.

Last month, CleanSpark provided an update on its customer electrical equipment division. Since the closing of the definitive agreement on January 22, 2019 to acquire the intellectual property (IP) of Pioneer Critical Power, Inc. (PCPI) through March 26, 2019, CleanSpark has delivered roughly $357,000 in custom electrical equipment to customers and received new orders of about $438,000.

Furthermore, its custom equipment backlog increased to roughly $3.9 million, an increase of around 8.3 percent from the backlog levels on the date of acquisition. CleanSpark expects delivery of the back-log orders to take place over the next two quarters of calendar year 2019.

Yesterday, CleanSpark announced it secured $20m in financing to support different microgrid initiatives for commercial customers. This committed financing will help speed up the development and deployment of the Company's Distributed Energy Resource (DER) Solutions to commercial customers.

Mr. Matthew Schultz, Chief Executive Officer of CleanSpark, said, "This transformative financing sets into motion a game-changing industry model for bringing customized energy solutions to a rapidly growing number of commercial customers providing low upfront costs and provable savings. Our Energy Savings Agreement (ESA) financing model provides a host of different financing options and structures for our clients and investment partners to jointly pursue. Nowhere are the benefits and savings from these solutions more relevant than in the rapidly growing cannabis industry where both energy needs and the need to be intensely competitive are elevated… "

CleanSpark, Inc. (CLSK), closed Monday's trading session at $2.71, up 14.35%, on 237,560 volume with 323 trades. The average volume for the last 3 months is 324,070 and the stock's 52-week low/high is $1.10/$15.01.

Amplify Energy Corp. (AMPY)

Simply Wall St, Stockhouse, Whale Wisdom, Stock Invest, Zacks, Tech Stock Standard, Trading View, Dividend Investor, Market Screener, YCharts, Capital Cube, Wallmine, Wallet Investor, 4-Traders, and Marketbeat reported earlier on Amplify Energy Corp. (AMPY), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Amplify Energy Corp. is an independent oil and natural gas company listed on the OTC Markets' OTCQX. The Company engages in the acquisition, development, exploration and production of oil and natural gas properties. Its operational focus is in the Rockies, offshore California, East Texas/North Louisiana and South Texas. Amplify Energy has its corporate headquarters in Houston, Texas.

An upstream company, Amplify Energy's properties comprise mature, legacy oil and natural gas fields. The Company's emphasis is on maintaining production across its high-quality asset base and executing on its strategic priorities.

Amplify Energy's properties mainly consist of operated working interests (WIs) in producing and undeveloped leasehold acreage and in identified producing wells in North America. In addition, Amplify Energy owns non-operated WIs in producing and undeveloped leasehold acreage.

Roughly 47 percent of the Company's estimated proved reserves as of December 31, 2016 were in the East Texas/Louisiana region. The Rockies was roughly 24 percent of its estimated proved reserves as of December 31, 2016.

Approximately 19 percent of Amplify Energy's estimated proved reserves as of December 31, 2016 were located offshore Southern California. Moreover, roughly 10 percent of its estimated proved reserves as of December 31, 2016 were located in South Texas.

Last month, Amplify Energy announced its operating and financial results for Q4 and full year 2018, year-end 2018 proved reserves, and provided guidance for Q1 and full year 2019. The Company announced 2019 Q1 and full year guidance that includes $37 million ($3 million invested during Q4 2018, $34 million in full year 2019) for the earlier announced capital project to boost oil production at its Bairoil field in the Rockies.

During Q4 this year, Amplify Energy generated Daily Production of 142.5 MMcfe/d. This was above the midpoint of quarterly guidance. It generated Net Cash Provided by Operating Activities of $25 million for the quarter, versus the guidance midpoint of $30 million.

Adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) was $32 million. This was within the guidance range of $31 million to $37 million. Free Cash Flow of $18 million was within the guidance range of $16 million to $22 million.

Amplify Energy Corp. (AMPY), closed Monday's trading session at $9.70, up 39.57%, on 294,473 volume with 163 trades. The average volume for the last 3 months is 18,593 and the stock's 52-week low/high is $6.51/$11.50.

Qrons, Inc. (QRON)

Stockwatch, Wallet Investor, GuruFocus, Last10k, Investors Hangout, AA Stocks, YCharts, InvestorsHub, Stockhouse, Teletrader, Street Insider, Digital Journal, Market Screener, Simply Wall St, and Dividend Investor reported beforehand on Qrons, Inc. (QRON), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Qrons, Inc. is an emerging biotechnology company headquartered in New York, New York. It is developing advanced stem cell-synthetic hydrogel-based solutions to combat neuronal injuries with a focus on treating traumatic brain injuries (TBIs), both concussions and penetrating injuries. Moreover, its technology could potentially treat a broad spectrum of neurodegenerative diseases. Qrons lists on the OTC Markets.

The Company's TBI treatment integrates proprietary, engineered mesenchymal stem cells (MSCs), 3D printable scaffolding, smart materials, and a novel delivery system. Qrons' belief is that this combination will decrease neuronal loss and functional impairment and possibly regenerate brain tissue and function for TBI patients. Qrons' proprietary, engineered mesenchymal stem cells act like living pharmacies. They continuously deliver neuro-protective and neuro-regenerative agents to affected areas.

The design of the Qrons treatment is to integrate into existing surgical workflows. TBI patients often undergo cranial surgery to clean the injury site, stop bleeding or alleviate intracranial pressure. Qrons notes that this offers a unique opportunity to deliver its novel, cell-based system.

This past January, Qrons announced that it reached a milestone with the development of its two candidate products, QS100™ for treating penetrating brain injuries and QS200™, for treating concussions and other diffused axonal injuries. Both QS100™ and QS200™ integrate proprietary, modified mesenchymal stem cells (MSCs) and smart synthetic material.

QS100™ is an injury specific, 3D printable, implantable MSCs-synthetic compound, to treat penetrating brain injuries. QS200™ is an injectable MSCs-synthetic compound for the treatment of diffused injuries usually referred to as concussions. Qrons believes that its latest advances provide a superior stem cells/synthetic hydrogel integration that will enable the precise, effective and controlled delivery of the Company's proprietary modified stem cells.

Today, Qrons announced that its PCT (Patent Cooperation Treaty) patent application, "Techniques for Promoting Neuronal Recovery", relating to the treatment of traumatic injury to the central nervous system, such as TBI was filed on April 7, 2019 (Application No. PCT/IB2019/052850). The PCT application, filed with the World Intellectual Property Organization, allows Qrons to file patent applications and seek protection in most major market countries worldwide. The patent applications, if granted, have the potential to provide protection for Qrons' technology for 20 years - until at least 2039.

Qrons, Inc. (QRON), closed Monday's trading session at $1.30, up 8.33%, on 1,000 volume with 5 trades. The average volume for the last 3 months is 169 and the stock's 52-week low/high is $0.72/$3.90.

Medicine Man Technologies, Inc. (MDCL)

Penny Stock Tweets, YCharts, New Cannabis Ventures, Investing Daily, Uptick Newswire, MarketWatch, The Street, Daily Marijuana Observer, Stockhouse, Technical420, Green Market Report, Morningstar, Barchart, Insider Financial, Simply Wall St, GuruFocus, PR Newswire, Marketbeat, and Cannabis Life Network reported earlier on Medicine Man Technologies, Inc. (MDCL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

OTCQX-listed, Medicine Man Technologies, Inc. is a vertically integrated cannabis operator. The Company provides consulting, cultivation supplies and equipment, retail pharma-grade products, and turnkey solutions for cannabis producers, processors, and retailers. It is leveraging its significant expertise and intellectual property (IP) to vertically integrate into plant-touching cannabis operations. Medicine Man Technologies has its corporate office in Denver, Colorado.

The Company commenced 2019 with announcing the pending revenue positive acquisitions of Medicine Man Denver and MedPharm. Futurevision Ltd. (dba Medicine Man Denver) is a profitable operator with an anticipated $25M run rate for this year. It opened its first store in 2009 and currently has 4 locations. It is a well-known industry leader in the cannabis business in the State of Colorado and has a large cultivation facility.

MedPharm is a fast-growing revenue positive pharmaceutical-grade cannabis operator expecting profitability this year. It cultivates, processes and formulates to pharmaceutical standards for medical and recreational users.

In essence, Medicine Man Technologies is taking advantage of its know-how and IP to vertically integrate retail, cultivation, formulation and distribution operations. Its client portfolio includes active and past clients in 18 states and seven countries.

Recently, Medicine Man opened its newest retail dispensary in Longmont, Colorado, on February 20, 2019. The store opening comes after the Company's January announcement of entering a binding agreement anticipated to lead to the near-term acquisition of Medicine Man by Medicine Man Technologies (MDCL). The new dispensary is strategically located on "Car Row" with auto dealerships close by, guaranteeing higher than normal foot traffic for retail sales.

Yesterday, Medicine Man Technologies announced that it will be presenting at the 3rd Annual Benzinga Cannabis Capital Conference, to be held April 17-18, 2019 at the Fairmont Royal York in Toronto, Ontario. Mr. Andy Williams, Co-Founder and Chief Executive Officer of Medicine Man Technologies, will deliver a corporate presentation and discuss recent highlights of the Company on Thursday, April 18 at 11:20 a.m. ET in the British Columbia Room.

Medicine Man Technologies, Inc. (MDCL), closed Monday's trading session at $3.474, up 8.22%, on 169,400 volume with 272 trades. The average volume for the last 3 months is 179,788 and the stock's 52-week low/high is $1.06/$4.17.

MJardin Group, Inc. (MJARF)

NetworkNewsWire, Business Wire, Insider Financial, Stockhouse, MarketWatch, Morningstar, Barchart, The Street, New Cannabis Ventures, CannabisMarketCap, Trading View, and Seeking Alpha reported previously on MJardin Group, Inc. (MJARF), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.

MJardin Group, Inc. is a worldwide cannabis management platform. The Company has wide-ranging experience in cultivation, processing, distribution and retail with over 30 cultivation facilities under operation. It continues to pursue strategic expansion and mergers and acquisitions (M&A) opportunities across worldwide legal cannabis markets. MJardin Group lists on the OTC Markets Group's OTCQX. The Company is based in Denver, Colorado and Toronto, Ontario.

MJardin, for greater than a decade, has refined cultivation methodologies, developed state-of-the-art facilities, and implemented vertical integration for and on behalf of license owners. The Company now has a multi-country 36 asset portfolio with industry leading yields.

MJardin owns or jointly owns assets across the complete cannabis supply chain in Canada and the United States for cultivation, processing, distribution and retail. It offers turnkey management services to develop, operate and staff cannabis cultivation and processing facilities across the United States and Canada. Moreover, it provides additional turnkey facility management and project funding in a product streaming model to partners.

This past January, 3 Sixty Risk Solutions Ltd. announced that the Company, which operates via its wholly-owned subsidiary, 3 Sixty Secure Corp., entered into a multi-year service agreement to provide guarding and secure transport services to an affiliate of MJardin Group. This agreement provides a complete set of security services to MJardin facilities in Canada. This includes security patrols and equipment monitoring, and also secure transport of cannabis products.

At the beginning of April, MJardin Group announced the completion of an Agreement, wherein the Nova Scotia Mi'kmaq First Nations (Mi'kmaq) will own a 51 percent stake in AtlantiCann Medical, Inc. (AMI). With this Agreement, MJardin Group and the Halef Group will own 39 percent and 10 percent of AMI, respectively. In connection with the partnership created under the Agreement, MJardin Group, the Mi'kmaq, and the Halef Group are considering expansion of their relationship, including retail.

AMI (Halifax, Nova Scotia) is a licensed joint venture (JV) cultivator. It has a 48,000 square foot facility with a production capacity of 6,000 kg annually (Phase 1), and an additional 20,000 square feet (Phase 2) expected by the end of this year that is anticipated to double AMI's production capacity.

MJardin Group, Inc. (MJARF), closed Monday's trading session at $1.5966, up 2.33%, on 190,611 volume with 235 trades. The average volume for the last 3 months is 81,383 and the stock's 52-week low/high is $1.11/$6.68.

GSRX Industries, Inc. (GSRX)

RedChip, Barchart, Stockhouse, InvestorsHub, Euro Investor, Central Charts, Wallet Investor, Trading View, OTC Markets, Last10k, 4-Traders, Teletrader, Technical420, and Simply Wall St reported previously on GSRX Industries, Inc. (GSRX), and we also highlight the Company, here at the QualityStocks Daily Newsletter.

GSRX Industries, Inc., by way of its subsidiaries, acquires, develops, and operates retail cannabis dispensaries and non-THC CBD retail stores. In addition, the Company is in the process of expanding its business to include distribution, lite manufacturing and delivery of cannabis and cannabinoid products. GSRX Industries' shares trade on the OTC Markets' OTCQB. The Company has its head office in Dorado, Puerto Rico. The Company previously went by the name Green Spirit Industries, Inc. It changed its name to GSRX Industries, Inc. in July of last year.

At present, the Company operates five cannabis dispensaries in Puerto Rico under the name Green Spirit RX, and one dispensary in California under the name The Green Room. GSRX also has five additional pre-qualified locations in Puerto Rico, all of which are in different phases of development and construction. Moreover, the Company owns and operates the e-commerce site GetPureAndNatural.com, which offers a wide array of Premium Hemp Extract CBD products.

Last week, GSRX Industries announced that it purchased Units representing membership interests in Buzznog, LLC. Buzznog owns and operates Buzznog, which is a direct-to-fan social media platform for live events and activations.

Buzznog provides robust solutions for established and emerging artists, festivals, and brands. It features leading-edge technologies for live events, music releases and fan engagement. Furthermore, Buzznog creates hyper-focused targeted initiatives to deliver the right content at the right time to the right audience.

GSRX Industries also announced last week that, via its wholly-owned subsidiary, Pure and Natural, LLC, it entered into a preferred partnership and advertising agreement with Buzznog. With this agreement, Pure and Natural will become Buzznog's premier CBD partner. Buzznog's clients include Rolling Loud Music Festival, Breakaway Music Festival, Warner Music Group, Universal Music Group, Big Machine and Madison Square Garden Company.

Today, GSRX Industries announced that it signed a long-term building lease in Palm Springs for what will be its second adult-use and medicinal cannabis dispensary in the State of California. Currently, GSRX owns and operates The Green Room in Point Arena, and a number of Green Spirit RX medicinal cannabis dispensaries in Puerto Rico, with two more scheduled to open there soon.

GSRX Industries, Inc. (GSRX), closed Monday's trading session at $1.38, down 0.72%, on 3,788 volume with 13 trades. The average volume for the last 3 months is 7,927 and the stock's 52-week low/high is $1.07/$5.75.

Zoom Telephonics, Inc. (ZMTP)

Simply Wall St, Zacks, GlobeNewswire, Stockopedia, Marketbeat, Investors Hangout, Equity Clock, MarketWatch, 4-Traders, YCharts, Whale Wisdom, Marketwired, Insider Tracking, Stockwatch, Stockhouse, InvestorsHub, Wallet Investor, GuruFocus, Market Screener, and Uptick Newswire reported previously on Zoom Telephonics, Inc. (ZMTP), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.

Zoom Telephonics, Inc. is a foremost producer of cable modems and other communication products. Its global Motorola exclusive license agreement includes cable modems and gateways, DSL modems and gateways, cellular modems and routers, and other Internet and network products. The Company also sells USB cell modems and other communication products under its Zoom brand. OTCQB-listed and founded in 1977, Zoom Telephonics is headquartered in Boston, Massachusetts.

The Company's Boston-based engineers design high-performance products that are user-friendly. Zoom Telephonics manages and supports its products from its Boston headquarters, carefully controlling the design and quality of the Company's products. Zoom usually ships its products from San Diego, California.

Regarding Zoom OEM Solutions, system builders can purchase the Company's modems and other products as bulk-pack products. In addition, Zoom offers volume sales, private-labeled products, as well as custom features. Moreover, Zoom products are approved for use in numerous countries worldwide. Also, many of the Company's products come with user documentation and software in Spanish.

Zoom Telephonics provides cable modems, asymmetrical digital subscriber line modems, mobile broadband modems and routers, dial-up modems, local area network products, and mobile broadband sensors. The Company also provides embedded modems, ISDN modems, telephone dialers, wireless and wired networking equipment, phone jacks and AC power adapters, and language-related specifics.

Recently, Zoom Telephonics reported financial results for its 2018 Q4 and year ended December 31, 2018. Q4 Net Sales decreased 15.8 percent to $7.5 million with 2018 Net Sales increasing 9.9 percent to $32.3 million. Q4 Gross Margin decreased to 31.6 percent from 36.6 percent with 2018 Gross Margin increasing to 36.0 percent from 34.8 percent.

Q4 Net Loss was roughly $826,000, or $0.05 per share, versus a Net Loss of $387,000, or $0.03 per share, for Q4 2017. The 2018 Net Loss was $74,000, or $0.00 per share, versus a Net Loss of $1.37 million, or $0.09 per share, for 2017.

Zoom Telephonics, Inc. (ZMTP), closed Monday's trading session at $1.20, up 10.09%, on 35,749 volume with 31 trades. The average volume for the last 3 months is 8,077 and the stock's 52-week low/high is $0.87/$3.49.

The QualityStocks Company Corner

Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)

The QualityStocks Daily Newsletter would like to spotlight Lexaria Bioscience Corp. (LXRP).

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is a drug-delivery platform innovator with existing cannabinoid licensing agreements in Canada and the United States, as well as internationally. By out-licensing disruptive delivery technology DehydraTECH, the company has created a strong, revenue-generating business model and a growing patent portfolio.

Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including nicotine and cannabinoids. To achieve higher absorption rates and fast onset, consumers traditionally defaulted to smoking. Lexaria provides a superior administration method by delivering these substances through a patented process within edible food products, thus eliminating all the harmful health consequences of smoking.

Lexaria’s technology is unique in that it takes advantage of GRAS (Generally Recognized As Safe) food ingredients processed with its patented DehydraTECHTM technology to improve taste, remove odor, and decrease the time to onset of bitter-tasting drugs. Lexaria is primarily a B2B enterprise and has existing cannabinoid licensing agreements with companies in Canada, the largest-market states in the United States, and internationally. Lexaria has entered into a R&D partnership with one of the largest cigarette companies in the world for oral forms of nicotine delivery. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within popular foods such as coffee, tea, and supplements. These brands include ViPova™ and TurboCBD™.

In 2015, Lexaria commissioned an independent third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation improve intestinal absorption as much as 500%. Lexaria has conducted multiple rounds of studies including in vivo and human clinical. In absorption studies conducted on rats, for example, Lexaria detected nicotine in the animal’s bloodstream just two minutes after it entered the stomach. In a randomized, double blinded human clinical study, cannabidiol (CBD) was measure in the human bloodstream at a 317% higher rate 30 minutes after swallowing a capsule processed with DehydraTECH than a non-enhanced capsule of equal strength.

Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D have helped support B2B relationships with Fortune 500 companies. Lexaria has four distinct subsidiaries that focus on different market sectors: Hemp/CBD; Pharmaceutical; Cannabis; and Nicotine.

Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong and growing intellectual property portfolio. As of the end of 2018, the company’s patent portfolio includes 53 patent applications filed and pending in more than 40 countries around the world; and 10 patents granted to date. Lexaria is expecting additional new patent awards both in the U.S. and internationally in 2019 and beyond. Some of its more recent areas of investigation have included human hormones and erectile dysfunction substances, among others.

Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third-partners and has signed royalty deals with start-up companies as well as with a Fortune 100. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has contributed to several multi-hundred million-dollar valuations over the course of his career. He is supported by a growing team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.

Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $0.9849, up 1.02%, on 82,917 volume with 83 trades. The average volume for the last 3 months is 117,159 and the stock's 52-week low/high is $0.75/$2.43.

Recent News

SinglePoint, Inc. (SING)

The QualityStocks Daily Newsletter would like to spotlight SinglePoint, Inc. (SING).

SinglePoint, Inc. (SING) was featured today in the 420 with CNW by CannabisNewsWire. On Wednesday (May 1), the Las Vegas City Council voted 4-1 in favor of a proposed ordinance that would see cannabis consumption lounges licensed to operate within the city. This means that the first consumption lounges could open by the end of this year. Las Vegas becomes the first city in Nevada to pass regulations allowing cannabis consumption venues to open.

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 $0.0128, up 4.92%, on 2,704,298 volume with 76 trades. The average volume for the last 3 months is 4,031,460 and the stock's 52-week low/high is $0.0106/$0.068.

Recent News

Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FF: O3X4)

The QualityStocks Daily Newsletter would like to spotlight Redfund Capital Corp. (PNNRF).

Global merchant bank Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) recently announced that it has uplisted to the OTCQB Venture Market as of April 30, 2019. According to a company press release, Redfund Capital's common shares have been approved for OTCQB uplisting and will continue to trade under ticker symbol 'PNNRF' (http://nnw.fm/QJx1K). Also today, NetworkNewsWire released a report on the company detailing how PNNRF recently announced that it has entered into a partnership with the Cannabis Mercantile Exchange ("Cannamerx") as Cannamerx rolls out the first international global hemp and cannabidiol (CBD) auction platform. To view the full article, visit: http://nnw.fm/dCI8x .

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 10 volume. The average volume for the last 3 months is 511 and the stock's 52-week low/high is $0.10/$0.505.

Recent News

TransCanna Holdings Inc. (CSE: TCAN)

The QualityStocks Daily Newsletter would like to spotlight TransCanna Holdings Inc. (CSE: TCAN).

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that it has appointed Haywood Securities Inc. to act as lead agent on behalf of a syndicate of agents to sell, by way of a best efforts private placement, up to two million company units, each at a price of $5.00, for gross proceeds of up to $10 million. To view the full press release, visit http://nnw.fm/Mo8Du.

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 $6.74, off by 5.34%, on 215,334 volume with 318 trades. The average volume for the last 3 months is 159,100 and the stock's 52-week low/high is $0.769/$7.789.

Recent News

Youngevity International, Inc. (NASDAQ: YGYI)

The QualityStocks Daily Newsletter would like to spotlight Youngevity International, Inc. (YGYI).

Youngevity International, Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, announced the expansion of its Josies Java House™ Brand into 570 retail doors throughout Southeastern Grocers.  The new distribution footprint now includes 400 Winn Dixie stores, 96 Bi-Lo stores, 25 Fresco Y Mas stores, and 50 Harvey stores.

Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.

Youngevity International is dedicated to improving lifestyles through the universal desires of vibrant health and flourishing economics. Catering to health-conscious consumers, Youngevity believes that combining the best of the direct selling industry with the fundamentals and capabilities of a traditional business model will maximize shareholder value. The company’s Nutritional, Lifestyle and Telecommunications products and services are distributed through a global network of Preferred Customers and Distributors.

Youngevity’s wholly owned CLR Roasters LLC business line offers quality branded and private label coffee to retail stores, office coffee services, hospitality, food services, distributors, convenience, petrol stores and vending businesses. Today, CLR Roasters is the largest coffee provider for cruise lines in North America and the second largest roaster in the state of Florida. Producing a consistent premium product with superior taste, CLR Roasters has earned numerous certifications that demonstrate the company’s commitment to the craft of providing the highest quality coffee products using the best practice standards available.

Youngevity, operating in the direct-selling channel, is rapidly expanding its product and distributor base through acquisitions and mergers under an innovative concept called “the Network Cloud” that provides other direct selling companies with a home base. The company’s YoungevityGO2 mobile distributor app, a new technology-driven web platform supporting expansion of global e-commerce and social selling platforms, is available on Google Play and the App Store. In addition to the Network Cloud concept, Youngevity International owns CLR Coffee Roasters which operates a traditional coffee roasting business offering a JavaFit® gourmet product line that vertically integrates with Youngevity and its growing network of direct marketers.

Youngevity International offers more than 1,000 high quality, technologically advanced products under the following categories:

  • Health and Nutrition
  • Home and Family
  • Food and Beverage
  • Spa and Beauty
  • Fashion
  • Essential Oils
  • Photo and scrapbooking
  • Services for Home and Business

Youngevity International Inc. has compiled a best-in-class management team with a strong track record of success in private and public companies. Steve Wallach, CEO, has nearly two decades of sales and network marketing experience and has successfully guided Youngevity International Inc. to become an international, publicly-traded direct marketing company positioned for worldwide growth. Dave Briskie, president and CFO, has shepherded the company’s development into a fully vertical coffee roasting and distribution company that owns the direct marketing brand JavaFit® and the retail brand, Café La Rica.

Youngevity has also attracted a stunning group of Brand Evangelists who endorse its products. Among these are actress, author and well-known health and wellness activist Marilu Henner; former NBA basket player, Mike “Stinger” Glenn; former NFL wide receiver Drew Pearson; “Greatest Natural Bodybuilder in the World” Gene Nelson; and WNBA champion, Olympic gold medalist Delisha Jones.

Youngevity International, Inc. (NASDAQ: YGYI), closed the day's trading session at $6.00, off by 2.60%, on 36,335 volume with 290 trades. The average volume for the last 3 months is 152,822 and the stock's 52-week low/high is $3.167/$16.25.

Recent News

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

The QualityStocks Daily Newsletter would like to spotlight The Green Organic Dutchman (OTC: TGODF).

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) recently received two prestigious Horizon Interactive Awards in the global categories of Best Responsive/Mobile Website (Gold) and Best E-commerce Website (Bronze) for its TGOD.ca website (http://nnw.fm/IW9Nc). To view the full article, visit: http://nnw.fm/R4Uys.

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 financing@tgod.ca

The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $3.23, off by 0.31%, on 466,513 volume with 865 trades. The average volume for the last 3 months is 1,257,840 and the stock's 52-week low/high is $1.61/$7.894.

Recent News

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)

The QualityStocks Daily Newsletter would like to spotlight Supreme Cannabis Company Inc. (OTC: SPRWF).

The Supreme Cannabis Company, Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced that it will be providing its third quarter financial results for the three and nine months ended March 31, 2019 after markets close on May 13, 2019.

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF), is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees, and culture of innovation. Supreme Cannabis’ mission is to grow the world’s best cannabis and become a leader in the global industry. The company calls its Toronto Venture Exchange stock symbol FIRE “a testament to our passion for cannabis and our obsession with quality.”

Supreme Cannabis believes the world is ready to follow Canada’s lead by ending the 100-year cannabis prohibition and, as Canada’s only coast-to-coast premium cannabis producer, the company sees itself at the center of this global shift.

In August 2018, Supreme Cannabis uplisted its shares to the to OTCQX market in the U.S., where the company trades under the ticker symbol SPRWF. The following month Supreme reported record Q4 revenues of CAD$3.55 million, a 71-percent increase over the previous quarter. Supreme Cannabis also recorded revenue of CAD$8.85 million for its fiscal year ended June 30, 2018, placing it among publicly traded Canadian cannabis companies with the highest reported revenue in their first four quarters of sales.

“As a result of the successful execution of our strategy, we have generated significant revenue growth both for the quarter and the year-end period,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release. “We look forward to building on this growth as we expand domestically and internationally.”

The company’s growth strategy includes key industry agreements, such as its CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY), a global leader in cannabis research, cultivation, processing and distribution. The agreement calls for Supreme to supply Tilray with dried cannabis for support of medical cannabis patients in Canada for the period of one year.

Another key component is the company’s wholly owned 7ACRES subsidiary. The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. Though 7ACRES is Supreme Cannabis’ flagship brand and only currently operating business unit, the company will continue to identify new opportunities to grow its portfolio of companies and build innovative cannabis businesses throughout the world.

7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.

Supreme Cannabis seeks to differentiate 7ACRES from other licensed cannabis producers by producing premium quality product sustainably at scale. “Craft quality, commercial scale” is a slogan the company uses, and the Kincardine greenhouse employs state-of-the-art technology and cultivation best practices to strive toward that goal. Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact the company credits to the high quality of 7ACRES cannabis.

Its customers, Supreme Cannabis management says, are informed and discerning regarding cannabis, and they value a premium brand that respects their product knowledge. The company believes its high regard for customers, premium product quality, and mass cultivation capability has allowed Supreme Cannabis to emerge as Canada’s preeminent premium cannabis producer. In the Canadian cannabis market, the company has established 7ACRES as a premium brand that’s distributed coast-to-coast and commands premium pricing. The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES on average wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.

To further its distribution, in the medical cannabis market Supreme Cannabis has partnered with several Canadian cannabis retailers including Aurora Cannabis, Emerald Health Botanicals, Namaste, Zenabis, and others. The company’s investment portfolio also includes an equity position and long-term global distribution partnership with Medigrow, based in Lesotho, targeting the export of medical cannabis oil for the international market.

Supreme Cannabis seeks to make the company an innovator in the cannabis sector regarding design of cultivation facilities and development of operation excellence metrics. The management team is confident that the 7ACRES flagship brand, the company’s proprietary technology and products, and the company’s culture of passion for cannabis will deliver consistent long-term shareholder value.

Supreme Cannabis Company Inc. (OTC: SPRWF), closed the day's trading session at $1.4312, off by 1.30%, on 399,034 volume with 502 trades. The average volume for the last 3 months is 633,134 and the stock's 52-week low/high is $0.85/$2.04.

Recent News

Kontrol Energy Corp. (CSE: KNR) (OTC: KNRLF) (FSE: 1K8)

The QualityStocks Daily Newsletter would like to spotlight Kontrol Energy Corp. (CSE: KNR).

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) recently announced sharply higher sales in FY2018, driven by a 100 percent YOY performance gain in Q4. For FY2018, which ended December 31, 2018, KNR reported $10.7 million in sales, marking a 56 percent YOY increase from $6.9 million in 2017. The company likewise recorded a 100 percent jump in revenues for Q4 to $4.1 million, up from $2.0 million in the prior year (http://nnw.fm/wgI4p).

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 $0.74, off by 3.90%, on 109,591 volume with 20 trades. The average volume for the last 3 months is 40,066 and the stock's 52-week low/high is $0.46/$0.99.

Recent News

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)

The QualityStocks Daily Newsletter would like to spotlight Sproutly Canada, Inc. (SRUTF).

Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) was featured today in the 420 with CNW by CannabisNewsWire. On Wednesday (May 1), the Las Vegas City Council voted 4-1 in favor of a proposed ordinance that would see cannabis consumption lounges licensed to operate within the city. This means that the first consumption lounges could open by the end of this year. Las Vegas becomes the first city in Nevada to pass regulations allowing cannabis consumption venues to open.

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.

Management

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 $0.54, off by 5.44%, on 921,197 volume with 388 trades. The average volume for the last 3 months is 732,051 and the stock's 52-week low/high is $0.189/$1.875.

Recent News

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)

The QualityStocks Daily Newsletter would like to spotlight Wildflower Brands Inc. (WLDFF).

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a public cannabis company developing and designing brands that focus on plant-based wellness and health products, today announces the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. The interview can be heard at http://nnw.fm/Owq2o. Also today, NetworkNewsWire released a report on the company detailing how WLDFF announced that a cannabis store application in Comox has been granted Approval In Principle (AIP) by the Provincial Liquor and Cannabis Regulation Branch. Wildflower recently announced a letter of intent to acquire City Cannabis Co. With the AIP from the Province and the City of Comox's Letter of Recommendation to the Provincial Liquor and Cannabis Regulation Branch, all City Cannabis needs to be fully licensed is a final inspection.

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.

Core Team

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 $0.5174, off by 0.50%, on 6,608 volume with 10 trades. The average volume for the last 3 months is 23,208 and the stock's 52-week low/high is $0.009/$1.139.

Recent News

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P)

The QualityStocks Daily Newsletter would like to spotlight Nabis Holdings (OTC: INNPF).

Innovative Properties Inc. DBA Nabis Holdings (CSE: NAB; OTC: INNPF; FRA: 71P) ("Nabis" or the "Company"), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, announced that Nabis' shareholders approved the name change to Nabis Holdings Inc. subject to CSE approval. In addition, Nabis management is pleased to provide a corporate update to its shareholders regarding the recent progress of its strategic growth plan. 

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."

Strategy

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

Current Endeavors

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 $0.48, off by 0.44%, on 87,179 volume with 58 trades. The average volume for the last 3 months is 440,348 and the stock's 52-week low/high is $0.417/$0.792.

Recent News

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF)

The QualityStocks Daily Newsletter would like to spotlight Siyata Mobile Inc. (SYATF).

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a worldwide developer and provider of cellular communications solutions for enterprise customers. In 2012, the company developed the world's first 3G-connected vehicle device. In 2018, Siyata brought to market the world's first 4G LTE all-in-one fleet communications device (http://nnw.fm/Kqa2g). Also today, NetworkNewsWire released a report on the company detailing SYATF's prowess in the realm of Push-to-Talk Over Cellular ("PTT/PoC") systems for enterprise customers. To view the full article, visit: http://nnw.fm/cXhr7.

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a leading global developer and provider of Push-to-Talk Over Cellular ("PTT/PoC") systems for enterprise customers. The company specializes in connected vehicle products for professional fleets and markets its products under the Uniden® Cellular brand.

Since its inception in 2012, Siyata has amassed a customer base that includes cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia and the Middle East.

Recognized by the Toronto Venture Stock Exchange in 2018 as a Venture Top 50 Company, Siyata aims to deliver the highest quality and most technologically advanced mobile communication devices for global corporate workforces, fleets, homes and buildings.

The company has long been an industry pioneer, delivering the world's first 3G connected vehicle device as well as the world's first 4G/LTE vehicle mounted smartphone for First Responders and commercial fleets and vehicles.

Siyata is headquartered in Montréal, Québec, Canada.

Product Portfolio

Siyata's suite of technology includes numerous PTT and legacy devices, as well as cellular boosters designed to improve cellular signals in corporate warehouses, government embassies, retirement home campuses, banks and manufacturing plants.

The company's flagship product, the Uniden UV350, is the world's first vehicle-mounted 4G/LTE smartphone with crystal clear quality, carrier grade PTT, voice, text, video and data applications built into a single device. Specifically designed for First Responder and commercial fleet vehicles, the UV350 runs on cellular LTE networks that provide nationwide and global coverage, replacing traditional single purpose two-way radios that require a monthly fee and limited network coverage.

The Uniden UV350 is currently available through Bell Mobility, Canada's largest LTE network and PTT community. Expanding its availability, Siyata is completing network approval with two North American Tier 1 operators to launch the UV350 in the U.S. in 2019.

Management Team

CEO and Chairman Marc Seelenfreund is the founder of Siyata. He is also the founder of Siyata's parent company, Accel Telecom, an Israel-based company that specializes in importing and distributing innovative cellular and IP devices to fixed line operators and mobile providers within Israel. Prior to establishing Accel, Seelenfreund was a vice president at Sunrise Corporation in New York where he focused on financing publicly traded technology companies. Seelenfreund has a law degree from Bar Ilan University, is a board member at Israel's leading private university, and has served as an officer in the Israel Defense Forces.

Glenn Kennedy, vice president of sales, has over 25 years of sales experience in the telecommunications industry. Prior to joining Siyata in 2016, Kennedy managed sales nationally for Motorola Canada, HTC Communications Canada, and Sonim Technologies. He holds a bachelor's degree in honors business administration from the Richard Ivey School of Business at the University of Western Ontario.

CFO Gerald Bernstein, a professional chartered accountant, has spent 20 years focusing on private equity financing and tax efficient corporate structuring in multi-jurisdictional arenas. He holds a bachelor's degree of commerce as well as a graduate diploma in public accountancy from McGill University. Bernstein has been a member of the Canadian Institute of Chartered Accountants since 1987.

Gidi Bracha, Vice President of Technology, has served in this position since 2011 and spearheaded the development of both the Truckfone, Voyager and UV350. Bracha served in various key positions at Cellcom, Israel's leading cellular provider, including head of car mobility products and director of type approvals. Bracha served as an engineer technician in the Anti-Aircraft division of the Air Force in the Israel Defense Forces and holds a bachelor's degree in engineering and business management from the University of Derby.

Siyata Mobile Inc. (SYATF), closed the day's trading session at $0.3128, off by 4.72%, on 116,850 volume with 32 trades. The average volume for the last 3 months is 55,108 and the stock's 52-week low/high is $0.25/$0.446.

Recent News

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF)

The QualityStocks Daily Newsletter would like to spotlight Petroteq Energy Inc. (PQEFF).

Fuel industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is pioneering a surface oil extraction process that promises to revolutionize an industry galvanized by the domestic sourcing prowess of fracking drills, particularly as international trade policy concerns affect petroleum imports.

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) is a Canadian-registered, publicly traded company engaged in the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company is focused on oil sands exploration and production on mineral leases in Vernal, Utah, and in expanding production capacity at its Asphalt Ridge heavy oil extraction facility in Utah.

Petroteq Energy’s patent-pending application is a closed-loop, solvent-based process, which results in significantly lower per-barrel production costs than those incurred with traditional hot water-based oil sands extraction technologies. This green technology utilizes a small, modular footprint, produces no greenhouse gases, requires no high temperatures, leaves only clean dry sand, and could be deployed to unlock heavy oil deposits located around the world.

The Company’s Asphalt Ridge mineral lease on 2,500-plus acres in northeastern Utah features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent. In 2015, the company produced 10,000 barrels of oil from the Utah location and plans to increase production are underway. Utah holds over 32 billion barrels of undeveloped oil sands resources, which are also known as “oil-wet” deposits containing a mixture of sand and a dense, extremely viscous form of petroleum referred to as bitumen or tar. A recent upswing in developing domestic energy sources has intensified interest in technological advances such as Petroteq’s Clean Oil Recovery Technology (CORT) System.

The Company continues to evaluate the development of other medium to heavy oil exploration, production and recovery projects on a global basis through a variety of structured agreements. These opportunities or other arrangements with private and governmental entities that utilize Petroteq Energy’s proprietary licensed technologies are expected to generate a significant return on investment.

The Company’s management team, board of directors and officers form an invaluable cross-section of industry leaders with extensive experience ranging from chemical engineering and solvent research, business development, international project management, entrepreneurial achievements, and senior management for global energy companies in North America and the Middle East. This impressive knowledge base covers both conventional and unconventional oil and gas projects and production, both in upstream and downstream industry sectors.

Petroteq Energy is also participating in a blockchain initiative aimed at solving the global transaction needs of the oil and gas industry through the development of PetroBLOQ. PetroBLOQ recently joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups.

“Joining this community of forward-looking enterprises and blockchain innovators is an important step for PetroBLOQ as we develop transformative solutions for the oil and gas industry,” said Petroteq Energy Chairman Alex Blyumkin.

In addition, Petroteq has joined the American Petroleum Institute (API). The API is the only national trade association representing all facets of the oil and natural gas industry, promoting safety across the industry globally and influencing public policy in support of a strong, viable oil and natural gas industry.

“API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our PetroBLOQ platform to its members throughout the supply chain,” Blyumkin previously stated.

Petroteq Energy Inc. (PHVAF), closed the day's trading session at $0.25, off by 2.34%, on 62,912 volume with 36 trades. The average volume for the last 3 months is 149,303 and the stock's 52-week low/high is $0.242/$1.43.

Recent News

Sharing Services Global Corporation (SHRG)

The QualityStocks Daily Newsletter would like to spotlight Sharing Services Global Corporation (SHRG).

Sharing Services Global Corporation (OTCQB: SHRG) ("the Company"), formerly Sharing Services Inc., today announces a new Hispanic marketing plan to increase the customer and distributor base of its wholly owned Elepreneurs subsidiary. The new marketing campaign is directed toward the Hispanic community in the United States and Elepreneurs plans to create Spanish versions of its websites and key marketing materials to empower its independent sales force to target the fast-growing Spanish-speaking community throughout the U.S.

Sharing Services Global Corporation (SHRG), headquartered in Plano, Texas, is a diversified holdings company focused on reshaping how entrepreneurs succeed today. Sharing Services Inc. owns, operates or controls an interest in a variety of companies specializing in the direct selling industry that either sell products to the consumer directly through independent representatives or offer services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. SHRG has created the “Blue Ocean Strategy,” which melds three keys together to implement the company’s vision. These keys include elevating home-based entrepreneurs, known as “Elepreneurs,” utilizing the direct selling channel to generate 100 percent organic growth.

Sharing Services Inc. subsidiaries include:

  • A growing international network of home-based entrepreneurs, called “Elepreneurs”
  • Growing selection of health and wellness products dedicated to elevating the well-being of all people
  • Insurance from auto, home and life to health benefit discounts and health insurance that help families elevate their options
  • Wholesale travel and payment programs with travel concierges that empower more families to go on vacation
  • Live seminars and training events – from Vacationars™ to EduTainment – that elevate the skills and knowledge of entrepreneurs around the world
  • Unique compensation and reward programs crafted to help entrepreneurs elevate their health, wealth and happiness

Sharing Services recently expanded its corporate footprint by moving to a 10,000 square foot facility in Plano, Texas, that offers room to expand as the company grows and its subsidiaries flourish. The larger corporate locale provides space for a growing customer service department, product fulfillment, opportunity and training rooms, as well as a video production suite.

“The opportunity to expand to the rest of this new building over the course of the next six to 12 months ensures we won’t have to move again anytime soon,” Sharing Services Inc. Chairman Robert Oblon said. “We are on track for very significant growth here in the U.S., as well as upcoming international expansion, so this move is in preparation for what’s in front of us.”

The company recently signed a joint venture agreement with Health Wealth & Happiness Limited (“HWH”) to expand its “Elepreneurs” brand and market its products throughout Asia. The newly formed company will be named “Elepreneurs Asia Limited” and will have marketing and sales rights to China, Hong Kong, Macau, South Korea, Japan, Taiwan, Cambodia, Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam and Papua, New Guinea. A soft launch of the Elepreneur program is scheduled sometime later in 2018 with HWH CEP Fai Chan and his team leading the effort. Formed in Hong Kong, Health Wealth & Happiness Limited is dedicated to working with visionary partners like Sharing Services Inc. to deliver the best products and services to improve the well-being of consumers.

Nearly 1,000 people attended Sharing Services Global Corporation ’s first “Elepreneur Happiness Convention,” held March 2-3, 2018, in Dallas, Texas. Attendees arrived from several countries including the U.S., Canada, Mexico, Singapore and Hong Kong. Keynote speakers included several internationally known motivational leaders – Shawn Achor, Sandra Yancey, John Fleming and Les Brown – who provided exceptional material and inspirational discussion points.

“The enthusiasm of our attendees and the early success that we are experiencing is incredible considering our growth has been 100 percent organic, with almost no marketing from the company,” Oblon said. “I’m speechless by the dedication of our Elepreneur leaders and their entire teams, as they share our incredible line of products that have helped so many people.”

Sharing Services and its management team plan to travel the U.S. to hold several mini conferences to expand on the messages presented at its Happiness Convention that focus on helping people become “healthier, happier and wealthier.” Details of the company’s aggressive global expansion initiatives are soon to be announced, Oblon said.

The law firm of Gardere Wynne Sewell LLP has been retained as outside corporate counsel for all general business matters. The Dallas-based law firm will represent Sharing Services Global Corporation , and its subsidiaries as the company utilizes the direct selling channel for a significant component of its overall growth strategy.

John “JT” Thatchwas appointed president and chief executive officer of Sharing Services Global Corporation , at a March 1, 2018, annual shareholder meeting. Thatch has successfully started, owned and operated several sized businesses in various industries. His experience with corporate growth, acquisitions, financing and negotiation in fast-paced and flexible environments will significantly assist Sharing Services Inc. as the company aims to expand and increase revenues.

Sharing Services Global Corporation (SHRG), closed the day's trading session at $0.22, off by 2.59%, on 31,232 volume with 12 trades. The average volume for the last 3 months is 45,536 and the stock's 52-week low/high is $0.17/$0.43.

Recent News

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