The QualityStocks Daily Stock List
- Kona Gold Solutions, Inc. (KGKG)
- Tel-Instrument Electronics Corp. (TIKK)
- SCI Engineered Materials, Inc. (SCIA)
- Grayscale Bitcoin Trust (GBTC)
- Jacksam/Convectium Corporation (JKSM)
- MediPharm Labs Corp. (MEDIF)
- Siemens Gamesa Renewable Energy, S.A. (GCTAY)
- Williams Industrial Services Group, Inc. (WLMS)
- Nocera, Inc. (NCRA)
- Seedo Corp. (SEDO)
- Simplicity Esports and Gaming Company (WINR)
- US Nuclear Corp. (UCLE)
- Mechanical Technology, Incorporated (MKTY)
- Altigen Communications, Inc. (ATGN)
Kona Gold Solutions, Inc. (KGKG)
Micro Cap Daily, Discovery Stocks, Stockwatch, Stockhouse, Clay Trader, Talkmarkets, Trading View, Market Screener, 4-Traders, InvestorsHub, Wallet Investor, Wallmine, Dividend Investor, and Insider Financial reported previously on Kona Gold Solutions, Inc. (KGKG), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Kona Gold Solutions, Inc. is a hemp and CBD lifestyle brand centered on product development in the functional beverage sector. The Company has created wholly-owned subsidiaries, Kona Gold LLC, HighDrate, LLC, and Gold Leaf Distribution, LLC. Kona Gold Solutions has its headquarters in Melbourne, Florida. The Company lists on the OTC Markets.
Subsidiary Kona Gold, LLC has developed a premium Hemp Infused Energy Drink line. The HighDrate, LLC subsidiary has developed the beverage industry's first CBD Energy Water, available in four flavors. The Gold Leaf Distribution, LLC subsidiary was formed to fill Kona Gold Solutions' distribution needs in markets it wants to rapidly enter.
Last month, Kona Gold Solutions announced it commenced production of its new Hemp Energy Drink and CBD Energy Water flavors. Its Kona Gold Hemp Energy Drink line extension will include Bubble Gum and Candy Apple flavors. The line extension for its HighDrate CBD Energy Waters will include Blue Island Punch and Sour Apple.
The Company has been working over the last number of months with its world class formulators to create new flavors, which will complement and play off of Kona Gold's already successful flavor line up and will resonate with the Company's consumers. The new flavors are scheduled for the marketplace in late May.
Kona Gold Solutions has recently partnered with sixteen new distributors. The new distribution partners are in California, Idaho, Indiana, Kentucky, Louisiana, Minnesota, Nevada, New Mexico, New York, Oklahoma, Texas, Virginia, Washington, and Wisconsin. At present, Kona Gold has distribution partners in 24 States. The Company's Storm CBD High Alkaline Water is expected to enter the market at the end of May. Its Storm CBD High Alkaline Water will be available in 1.0 Liter bullet bottles and contain 20mg of CBD.
Last week, Kona Gold Solutions announced the sponsorship of World Ranked #1 professional skier, Ryan Dodd. Ryan Dodd has signed a two-year agreement with Kona Gold. He will represent the brand's Kona Gold Hemp Energy Drinks on an international level as he travels and competes in events worldwide.
Kona Gold Solutions, Inc. (KGKG), closed Wednesday's trading session at $0.1441, up 27.52%, on 50,511,625 volume with 3,262 trades. The average volume for the last 3 months is 6,493,368 and the stock's 52-week low/high is $0.0072/$0.147.
Tel-Instrument Electronics Corp. (TIKK)
Stock Twits, Zacks, Simply Wall St, Infront Analytics, Business Wire, Whale Wisdom, Marketbeat, Investors Hangout, Trading View, and Market Screener reported earlier on Tel-Instrument Electronics Corp. (TIKK), and today we are highlighlighting the Company, here at the QualityStocks Daily Newsletter.
Tel-Instrument Electronics Corp. is the industry leader in developing and producing field-tested, robust avionic flight line and bench test sets for demanding military and commercial customers. The Company designs, manufactures, and sells avionics test and measurement solutions. These are for the commercial air transport, general aviation, and government/military aerospace and defense markets in the U.S. and worldwide. The Company lists on the OTC Markets. Established in 1947, Tel-Instrument Electronics is based in East Rutherford, New Jersey.
The Company's products have led the avionics support equipment industry to higher levels of integration through combining more test functions into a single unit. This reduces customer acquisition, training, as well as life-cycle support costs.
Tel-Instrument Electronics provides instruments to test, measure, calibrate, and repair a spectrum of airborne navigation and communication equipment. Additionally, its products include TS-4530A, an identification friend or foe test set; T-47/M5, a dual crypto test set; and AN/ARM-206, an intermediate level TACAN test set.
Furthermore, the Company offers AN/USM-708 and AN/USM-719, which are communications/navigation radio frequency avionics flight line testers; TR-220, a test set that provides test capability for traffic and collision avoidance systems (TCAS), distance measuring equipment, and transponders; TR-36, a commercial navigation and communication test set that provide ramp testing; and TR-420, a ramp test set to test the operation of transponders and interrogators.
Moreover, Tel-Instrument Electronics provides multifunction ramp test sets under the T-47NC, T-47NH, and T-47G names; TR-100AF, a rugged ramp test used to verify airborne TACAN equipment; and AN/APM-480A, a transponder, interrogator, and TCAS test set.
Tel-Instrument Electronics utilizes a large network of Approved Dealers internationally for sales and support. The Company operates in two segments, Avionics Government and Avionics Commercial. It operates in the Aerospace & Defense industry in the Industrials sector. Tel-Instrument Electronics is ISO-9001:2015 quality certified. The Company is compliant to ESD standard ANSI/ESD S20.20 and its products have received CE certification for sales into Europe.
Tel-Instrument Electronics Corp. (TIKK), closed Wednesday's trading session at $3.19, up 6.33%, on 1,220 volume with 6 trades. The average volume for the last 3 months is 25,386 and the stock's 52-week low/high is $2.25/$6.00.
SCI Engineered Materials, Inc. (SCIA)
Zacks, Wallet Investor, InvestorsHub, MarketWatch, Dividend Investor, Simply Wall St, Stockopedia, Marketwired, Market Screener, Morningstar, GuruFocus, 4-Traders, The Street, Marketbeat, Street Insider, YCharts, Last10k, Financial Content, and Investors Hangout reported earlier on SCI Engineered Materials, Inc. (SCIA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
SCI Engineered Materials, Inc. is a global supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin film applications. The OTCQB-listed Company works closely with end users and original equipment manufacturers (OEMs) to develop inventive, customized solutions. SCI offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, flat panel displays, photonics, glass, thin film batteries, transparent electronics, and thin film solar products. Established in 1987, SCI Engineered Materials is based in Columbus, Ohio.
SCI's materials are used to produce nano layers of metals and oxides for advanced material systems. Additionally, they are used in applying decorative coatings for end uses, including sink faucets to produce varied electronic, photonic, and semiconductor products.
SCI Engineered Materials serves domestic and multi-national corporations, universities, and research institutions. The Company distributes its products directly, and by way of independent manufacturers' representatives in the United States, and independent distributors and manufacturers' representatives internationally.
The Company announced in December of 2018 that it plans to begin manufacturing thin film solar products in China beginning about mid-year 2019. With a joint agreement with publicly-owned Konfoong Materials International Co., LTD (KFMI), KFMI will bond rotatable thin film solar Aluminum Zinc Oxide (AZO) cylinders produced in Columbus, Ohio for thin film solar customers in China.
SCI will also transfer its bonding technology for rotatable sputtering targets. KFMI will invest in new equipment for this manufacturing process. SCI Engineered Materials' products for photonics and thin film solar customers in areas other than China will continue to be bonded at its manufacturing facility in Columbus, Ohio.
Last week, SCI Engineered Materials reported Revenue and Income Applicable to Common Shares each more than doubled to $4,015,038 and $149,304, respectively, for the three months ended March 31, 2019, versus the same period last year. Earnings before Interest, Income Taxes, Depreciation and Amortization (EBITDA) rose 29 percent to $268,838 for Q1 2019, specifically benefiting from improved Gross Profit versus a year ago.
SCI Engineered Materials, Inc. (SCIA), closed Wednesday's trading session at $3.295, up 1.38%, on 1,950 volume with 9 trades. The average volume for the last 3 months is 2,942 and the stock's 52-week low/high is $1.05/$4.75.
Grayscale Bitcoin Trust (GBTC)
Insider Financial, Zacks, Street Register, Bitcoinist, CryptoCurrency Facts, Altcoin Buzz, InvestorsHub, and Trading View reported earlier on Grayscale Bitcoin Trust (GBTC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Grayscale Investments is the world's largest digital currency asset manager. The Company is an international leader in digital currency asset management and the Company's flagship asset is Grayscale Bitcoin Trust. Grayscale Investments provides opportunities for investors to gain exposure to digital currencies. Its Grayscale Bitcoin Trust provides direct exposure to Bitcoin by way of a traditional investment vehicle. Grayscale has its head office in New York, New York. The Company's shares trade on the OTC Markets Group's OTCQX.
Grayscale Investments is part of Digital Currency Group. The Company accesses the world's biggest network of industry intelligence to build better investment products. In essence, Grayscale has removed the barrier to entry so that institutions and individual investors can benefit from exposure to digital currencies. Astute investors can partake of the digital future with an institutional grade investment.
Grayscale Bitcoin Trust is the only publicly quoted U.S.-based Bitcoin investment product. It is also the largest Bitcoin investment product worldwide. Grayscale Bitcoin Trust holds greater than 1.2 percent of the outstanding Bitcoin supply (as of April 4, 2019).
This past January, Grayscale Investments announced it launched Grayscale Stellar Lumens Trust. This is the first single-asset investment product that provides exposure to Lumens (XLM), the native asset of the Stellar network. This is the ninth single-asset investment product introduced by Grayscale Investments. The Company also manages Grayscale Digital Large Cap Fund™, which is a diversified investment product. It provides exposure to the leading digital currencies by market capitalization.
In February, Grayscale Investments released its 2018 Grayscale Digital Asset Investment Report. This is a complete report that highlights investment activity across the Grayscale family of products in 2018. Grayscale raised $359.5 million into its single-asset and diversified investment products. This marks the strongest fundraising year in Grayscale's history and almost three times more capital than was raised in 2017.
On May 1, 2019, Grayscale Investments introduced #DropGold. This is a campaign centered on the emergence of Bitcoin as an alternative to investing in gold. This campaign aims to shift the mindset around contemporary investment opportunities and portfolio allocations. #DropGold is about building awareness around Grayscale's flagship Grayscale Bitcoin Trust (OTCQX: GBTC). Nonetheless, it is also about promoting the emergence of Bitcoin as a viable digital asset.
Grayscale Bitcoin Trust (GBTC), closed Wednesday's trading session at $7.84, up 0.38%, on 2,920,134 volume with 3,809 trades. The average volume for the last 3 months is 3,072,844 and the stock's 52-week low/high is $3.66/$15.19.
Jacksam/Convectium Corporation (JKSM)
NetworkNewsWire, Stock Target Advisor, Stockwatch, Simply Wall St, InvestorsHub, Real Investment Advice, Investors Hangout, Stockhouse, and Trading View reported previously on Jacksam/Convectium Corporation (JKSM), and today we choose to highlight the Company, here at the QualityStocks Daily Newsletter.
Jacksam/Convectium Corporation is a workflow automation company. It concentrates on developing solutions in the cannabis and CBD (cannabidiol) industry. The Company designs and markets proprietary automated vape cartridge filling/capping equipment for the cannabis industry. Established in 2013, Jacksam/Convectium has its corporate office in Rancho Santa Margarita, California.
The Company's automated equipment line is designed and built in the United States. In addition, it carries full UL certification. Using Convectium's automated equipment, Jacksam/Convectium customers are able to boost their output by up to 60 times over hand filling.
Convectium is focused on helping its customers automate their workflow and get custom branded products onto dispensary shelves and into the hands of customers faster. Greater than 100 companies, including many major brands in the space, rely on Convectium for automation of their filling operations. Convectium has operations in seven U.S. cities, utilizes two factories in the U.S., as well as three dedicated factories in Shenzhen, China. Convectium has more than 25 employees.
A technology enterprise, the Company centers on developing and commercializing products using a proprietary technology platform. Jacksam/Convectium's main products include 710 Shark cartridge filling machines, 710 Captain cartridge capping machines, and cartridge and disposable vaporizers. The Company serves the medical cannabis, hemp, and CBD segments of the e-cigarette and vaporizer markets with its oil vaporizer focused products.
Jacksam/Convectium's Shark automated filling machine is on its eighth engineering version. It has proven to be a very reliable product for the Company. Many of the changes to its equipment have been the result of direct customer feedback. The Company is also developing a new U.S. manufactured line with advanced electronics and full UL certification.
Last month, Jacksam/Convectium announced that Mr. Robert Hagen joined its Board of Directors. Mr. Hagen is also a Director of DMO Holdings, which is a private company providing research services in the cannabis industry. Moreover, since August 2018 he has served as the Chief Executive Officer of Jujube International, Inc. Jujube is an international leader in direct to consumer sales of motherhood accessories, including diaper bags and other related products.
Jacksam/Convectium Corporation (JKSM), closed Wednesday's trading session at $1.40, up 26.13%, on 1,600 volume with 4 trades. The average volume for the last 3 months is 1,657 and the stock's 52-week low/high is $0.20/$3.90.
MediPharm Labs Corp. (MEDIF)
Midas Letter, Micro Small Cap, InvestorsHub, CannabisFN, Investing News, New Cannabis Ventures, Small Cap Power, Street Register, Insider Financial, and Stockhouse reported earlier on MediPharm Labs Corp. (MEDIF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
MediPharm Labs Corp. is a worldwide leader in specialized, research-driven cannabis extraction, distillation, purification and cannabinoid isolation. It is the first company in Canada to become a licensed producer for cannabis oil production under the ACMPR without first receiving a cannabis cultivation licence. The Company mainly focuses on producing pharma-grade cannabis oil and concentrates in Canada. Established in 2015, MediPharm Labs has its corporate office in Barrie, Ontario.
Fundamentally, the Company is an international leader in premier quality, industrial-scale cannabinoid-based derivatives. Furthermore, it focuses on providing cannabis contract processing services to licensed producers and growers; supplying cannabis oil to companies for sale under its brand; and supplying raw materials and processing for the creation of market ready cannabis products.
MediPharm Labs delivers pure, safe and precisely dosable cannabis concentrates for private label advanced derivative products. It has state-of-the-art technology, leading edge proprietary methodologies and is a leader in cannabis extraction and purification.
The Company has highly scaled operations with 250,000 kg expected in Q2 2019. Via its subsidiary, MediPharm Labs Australia Pty. Ltd., MediPharm Labs has completed its application process with the federal Office of Drug Control to extract and import medical cannabis products in Australia.
MediPharm Labs has invested in an expert, research-driven team, state-of-the-art technology, downstream extraction methodologies and purpose-built facilities to deliver pure, safe and precisely-dosed cannabis products to patients and consumers. MediPharm's private label program is a high margin business for the Company. It procures dry cannabis flower and trim from its manifold product supply partners to produce cannabis oil concentrate products for resale around the world on a private label basis.
Last week, MediPharm Labs announced the appointment of Dr. Paul Tam, MBBS, FRCP(C), FACP to its Board of Directors effective immediately, subject to the necessary regulatory approvals. In connection with MediPharm's aim of satisfying non-venture requirements for corporate governance and financial oversight, Dr. Tam will also replace Chris Hobbs on the Company's Audit Committee resulting in an Audit Committee fully comprised of independent directors in accordance with National Instrument 52-110 – Audit Committees.
Today, MediPharm Labs announced it will release its Q1 financial results for the three months ended March 31, 2019 on Friday, May 10, 2019. This ahead of its reporting deadline of May 30, 2019, as a TSX Venture Exchange listed reporting issuer.
MediPharm Labs Corp. (MEDIF), closed Wednesday's trading session at $4.29827, up 6.00%, on 260,138 volume with 553 trades. The average volume for the last 3 months is 413,578 and the stock's 52-week low/high is $0.9125/$4.88.
Siemens Gamesa Renewable Energy, S.A. (GCTAY)
Stock Digest, Zacks, Trading View, MarketWatch, Morningstar, Wallet Investor, Market Screener, Investors Hangout, Current Charts, Wallmine, Stockhouse, 4-Traders, and Dividend Investor reported earlier on Siemens Gamesa Renewable Energy, S.A. (GCTAY), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
Siemens Gamesa Renewable Energy, S.A., together with its subsidiaries, engages in the development and construction of wind farms. The Company's focus is to shape the renewable energy industry and lead the way in this sector, providing cleaner, more reliable and more affordable wind power. It was previously known as Gamesa Corporación Tecnológica, Sociedad Anónima. The Company changed its name to Siemens Gamesa Renewable Energy, S.A. in May of 2017. Siemens Gamesa Renewable Energy is headquartered in Zamudio, Spain.
The Company operates successfully in three areas. These comprise Onshore, Offshore and Service. Its wind turbine and service portfolio creates value that lessens the Levelized Cost of Energy (LCoE). This ensures long-term returns for its customers.
Siemens Gamesa Renewable Energy engages in the engineering, design, production, and sale of wind turbines and related components. Regarding Wind Turbines, it offers wind turbines for different pitch and speed technologies. In addition, the Company provides development, construction, and sale of wind farms. Furthermore, it engages in the management, monitoring, and maintenance of wind farms. It operates in roughly 90 countries, with a total capacity base of greater than 89 gigawatts.
For Onshore Wind Turbines, Siemens Gamesa provides proven geared technology, flexible power ratings, and products for all wind classes. For Offshore Wind Turbines, the Company has more than 25 years of experience. It provides reliable direct drive technology. Its emphasis is lower energy costs. Regarding Maintenance, Siemens Gamesa offers a flexible service portfolio. This portfolio can be tailored to its customers' varied operating models. Furthermore, the Company provides advanced diagnostics and digitalization capabilities, and also customized offshore services.
Regarding Fiscal Year 2019 October-March results, Siemens Gamesa Renewable Energy's Revenue rose by 6 percent YoY in the first half, to €4,651 million, the EBIT margin pre-PPA and integration and restructuring costs stood at 6.8 percent, and Net Profit rose from €0 million in the same period last year to €67 million this year.
In Q2, revenue rose by 7 percent, to €2,389 million, the EBIT margin pre-PPA and integration and restructuring costs amounted to 7.5 percent, and Net Income increased 40 percent YoY to €49 million. Siemens Gamesa has logged orders worth €10.9 billion in the last twelve months (+8% YoY), propelled by strong performance in all segments.
Siemens Gamesa Renewable Energy, S.A. (GCTAY), closed Wednesday's trading session at $3.47, up 6.12%, on 7,333 volume with 8 trades. The average volume for the last 3 months is 639 and the stock's 52-week low/high is $2.09/$3.55.
Williams Industrial Services Group, Inc. (WLMS)
Zacks, Business Wire, Simply Wall St, Stockhouse, AI Stockfinder, Last10k, Marketbeat, Whale Wisdom, Stockwatch, Global Banking and Finance, Tip Ranks, YCharts, Investors Hangout, Street Insider, Stockopedia, Dividend Investor, and 4-Traders reported previously on Williams Industrial Services Group, Inc. (WLMS), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Williams Industrial Services Group, Inc. provides a wide array of construction, maintenance and modification, and support services to customers in energy, power and industrial end markets. For more than 60 years, it has been safely helping plant owners and operators enhance the value of their assets. The Company previously went by the name Global Power Equipment Group, Inc. It changed its corporate name to Williams Industrial Services Group, Inc. in June of 2018. OTCQX-listed, the Company has its head office in Tucker, Georgia.
Williams Industrial Services provides plant services, specialty services, and industrial services. Regarding plant services, it specializes in developing maintenance programs centered on safety while providing overall costs reductions with performance incentives. The Company's plant services include support for ongoing plant operations, regularly scheduled and emergency outages, refueling, shutdowns, turnarounds, and other major maintenance projects needed by its clients. Williams often delivers these services under performance-based, fee-at-risk contracts.
Williams specialty services include Protective Coatings; Insulation; Roofing; Asbestos and Lead Abatement; Structural Restoration; and Decontamination, Decommissioning and Demolition. Specialty services additionally include Specialized Rigging and Enclosures; Fire Proofing and Penetration Seals; and Plant Identification and Tagging.
The Industrial Services company provides almost all of the services provided by its Plant and Specialty Services companies but in open shop labor environments. Work usually performed includes Facility Maintenance; Major Modifications; Outages, Shutdowns and Turnarounds; and New Construction.
In December of 2018, Williams Industrial Services Group announced its operations in Canada created a joint venture (JV) with BWXT Canada Ltd., which is a business unit of BWX Technologies, Inc. This JV was created to combine each company's strengths for supporting the Bruce Power Nuclear Generating Station life extension program, the aim of which is to extend the life of the site to 2064.
Jointly, BWXT and Williams Industrial Services Group will respond to requests for proposals for an assortment of nuclear plant projects. This includes maintenance, asset management, outage, on-line work and major component replacement for the eight unit nuclear generating station in Tiverton, Ontario that was earlier granted a 10-year renewal of its operating license.
At the beginning of April, Williams Industrial Services Group reported its financial results for its Q4, and full year ended December 31, 2018. Q4 2018 Revenue was relatively unchanged year-over-year at $44.4 million versus $44.3 million as enhanced performance and expanding scope at Vogtle Units 3 and 4 replaced nonrecurring project scope in the year ago period. Loss from Continuing Operations was $2.7 million, improving $0.5 million, versus the Loss from Continuing Operations of $3.2 million in the year ago period.
2018 Revenue was up 1 percent to $188.9 million. Excluding the release of a liquidated damages accrual and the divested Hetsco subsidiary in 2017, Revenue was up 4 percent in 2018. Loss from Continuing Operations was $13.8 million, a major improvement over the Loss from Continuing Operations of $30.0 million in 2017.
Williams Industrial Services Group, Inc. (WLMS), closed Wednesday's trading session at $2.35, up 3.52%, on 30,539 volume with 31 trades. The average volume for the last 3 months is 6,681 and the stock's 52-week low/high is $1.41/$3.25.
Nocera, Inc. (NCRA)
PitchBook, Stockscores, Interactive Brokers, Current Charts, InvestorsHub, Street Insider, Trading View, Stockhouse, Wallet Investor, Investors Hangout, Pink Investing, Dividend Investor, YCharts, Stockopedia, OTC Markets, MarketWatch, and Wallmine reported previously on Nocera, Inc. (NCRA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Nocera, Inc. is a provider of design, build, and installation services of aquaculture (fish farm equipment). Nocera also provides technical assistance to the operators of the equipment. The Company operates mainly through its Grand Smooth, Inc. subsidiary. Nocera lists on the OTC Markets. The Company is based in Atlanta, Georgia.
Fundamentally, Nocera, via its subsidiary in China, is a land-based RAS manufacturing & aquaculture consulting company. It provides expert opinions, technology transfer, and aquaculture project management services to new and existing aquaculture projects starting in China. The Company's intention is to expand into other areas of Asia and the Americas.
Nocera's first-generation RAS container system was introduced as a new and very simple way for local fish farmers to breed fish in Xing Yi, a city of Guizhou. It generates up to 35 times of fish harvest per square meter versus traditional fish farms in lakes. Additionally, it conserves the ecosystem of lakes, lessens local poverty, and protects the species from natural disasters.
Last year, Nocera accomplished the development of its 2nd generation RAS cylindrical tank system. It produces more than two times of fish harvest of container system annually. The Company has strategically partnered with CIMC to launch 4 new sites using its 2nd generation RAS in Guizhou.
Today, Nocera reported its financial results for the year ended December 31st, 2018 with the filing of its form 10-K with the Securities and Exchange Commission (SEC) on Monday April 15, 2019. Nocera completed its acquisition of Grand Smooth, Inc. Limited, a company organized under the laws of Hong Kong. Therefore, Nocera can report its first full year of operations.
The Company's year end highlights include Revenue for the year ended December 31, 2018 of $4.8 million versus nil for the comparable period in 2017. Net Income before Taxes was $2.6 million. Gross Profit for the year ended December 31, 2018 was $2.8 million, versus nil for the comparable period in 2017. This considerable increase of Gross Profit Margin was primarily due to its China-based operation entity, GZ WFH, launching the operation and receiving orders in 2018.
Nocera reported Net Income of $0.179/share versus nil in 2017. It delivered 473 sets of land-based recirculating aquaculture systems in China in 2018, versus zero the year prior.
Nocera, Inc. (NCRA), closed Wednesday's trading session at $0.9615, up 20.19%, on 790 volume with 2 trades. The average volume for the last 3 months is 583 and the stock's 52-week low/high is $0.17/$1.85.
Seedo Corp. (SEDO)
Spotlight Growth, Cash Crop Today, Green Prophet, Street Insider, Trading View, Market Screener, Stockwatch, PR Newswire, OTC Markets, Investors Hangout, InvestorsHub, Real Investment Advice, Dividend Investor, Barchart, CannabisFN, Stockhouse, GuruFocus, and Market Exclusive reported previously on Seedo Corp. (SEDO), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Seedo Corp. is a market leading high-tech company listed on the OTC Markets Group's OTCQB. The Company provides the hemp and agriculture industries with the world's first fully automated and controlled indoor growing machine. Seedo provides growers with the freedom to reduce costs while generating high yields of lab-grade, pesticide-free herbs and vegetables. Seedo has its head office in Israel.
Seedo is backed by a group of global investors including Cannabics Pharmaceuticals. The Company's AI-powered, turnkey systems enable anyone from average consumers to large-scale producers the ability to grow without prior experience or ample space.
Seedo's hermetically sealed systems are controlled and managed by artificial intelligence (AI) software. This software analyzes the plant's development and takes actions to optimize growing parameters based on its performance. These systems cost-effectively produce high yields of lab grade, pesticide-free product regardless of local climate conditions.
This past February, Seedo announced it signed a Memorandum of Understanding (MOU) for mutual research and development (R&D) with SYS Technologies Ltd., a company specializing in the development and manufacture of unique indoor and portable clean environment technologies, to deploy next-generation containerized clean growing solutions for commercial use. The systems will be applied to technology used in hospitals and research laboratories, resulting in high-quality yield of medical cannabis and vegetables.
Last month, Seedo announced it will be partnering with Kibbutz Dan in Northern Israel to create the first fully automated, commercial-scale, pesticide-free containerized cannabis farm in Israel. With Israel's recent approval of medical cannabis exports, Seedo is positioned to become an important player in this developing market as its technology can attain reliable and uniform production goals to meet pharmaceutical-grade standards. Within 36 months of operation, the estimation is that the project will produce a minimum of 14 tons of dry cannabis bud, producing an estimated revenue of $24 million dollars.
Earlier in April, Seedo announced it will create a second fully automated, commercial-scale, pesticide-free containerized cannabis farm in Israel. Brosh Containers farm will be constructed enabling automated, closed system cultivation to be installed. The anticipation is that the farm's production capacity will reach 12 tons of dry cannabis inflorescence annually, as of the third year, in Moshav Brosh.
Also this month, Seedo announced it will manufacture greater than 1,800 home cultivator units in Q2. Additionally, it announced the filing for a new patent to cover the artificial intelligence (AI) and data analytic algorithms of Eroll Grow Tech's (Seedo) innovative growing agriculture database. The patent encompasses technology that increases yield, improves the plant feeding process, provides real-time recovery algorithms, and detects issues.
Seedo Corp. (SEDO), closed Wednesday's trading session at $2.90, up 0.35%, on 20,576 volume with 21 trades. The average volume for the last 3 months is 52,330 and the stock's 52-week low/high is $0.27/$5.00.
Simplicity Esports and Gaming Company (WINR)
Investor Ideas, GlobeNewswire, and PressOracle reported on Simplicity Esports and Gaming Company (WINR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Simplicity Esports and Gaming Company is an established brand in the esports industry. The Company has an engaged fan base competing in popular games across varied genres. These include PUBG, Gears of War, Smite, Guns of Boom, and manifold EA Sports titles. Simplicity Esports and Gaming's shares trade on the OTC Markets' OTCQB.
Incorporated in 2017, the Company has its head office in New York, New York. It previously went by the name Smaaash Entertainment, Inc. It changed its name to Simplicity Esports and Gaming Company in January of this year.
In addition, Simplicity Esports and Gaming operates esports gaming centers that provide the public the opportunity to experience and enjoy gaming and esports in a social setting. This is regardless of skill or experience.
Simplicity Esports and Gaming, (f/k/a I-AM Capital Acquisition Company), completed its transaction with SMAAASH Entertainment Pvt. Ltd (SMAAASH Private) on November 20, 2018. SMAAASH Private is an international entertainment company. It offers interactive sports experiences and virtual reality gaming technology. On December 21, 2018, SMAAASH Entertainment announced it entered into definitive agreements to combine with NBA Memphis Grizzlies minority owner Mr. Jed Kaplan's Simplicity Esports.
Simplicity Esports and Gaming Company commenced trading on January 25, 2019 on the OTCQB. Management determined that temporarily moving to the OTCQB is more appropriate in the interim, while the Company builds out its planned network of retail esport centers. Mr. Jed Kaplan, Chief Executive Officer, stated, "Simplicity intends to rejoin NASDAQ in the near future when it's most suitable for the benefit of our shareholders and completely aligns with the growth and development of our business."
Last month, Simplicity Esports and Gaming announced it identified locations for its first five corporate owned retail Esports Gaming Centers. The five locations are throughout Florida. The first is in Boca Raton, anticipated to have its grand opening this month.
The five locations will represent about 9,000 square feet of gaming space and greater than 150 gaming stations. The Gaming Centers will feature leading-edge technology including high performance PCs, and multiple gaming consoles to create a dynamic customer experience.
Simplicity Esports and Gaming Company (WINR), closed Wednesday's trading session at $1.575, up 7.14%, on 9,477 volume with 17 trades. The average volume for the last 3 months is 10,238 and the stock's 52-week low/high is $0.56/$11.05.
US Nuclear Corp. (UCLE)
NetworkNewsWire, Micro Cap Daily, GEOInvesting, Equities, InvestorsHub, Uptick Newswire, GlobeNewswire, Market Screener, Last10k, Stockhouse, YCharts, Wallet Investor, OTC Markets, Investors Hangout, Insider Financial, GuruFocus, and Simply Wall St reported earlier on US Nuclear Corp. (UCLE), and today we report on the Company, here at the QualityStocks Daily Newsletter.
US Nuclear Corp. is a foremost manufacturer of advanced radiation and chemical detection and UAV instrumentation. The Company has more than a 100 years of experience providing quality chemical radiation detection and monitoring instrumentation. US Nuclear has three operating divisions: Technical Associates (TA), Overhoff Technology (OTC), and Electronic Control Concepts (ECC). The Company lists on the OTC Markets and is based in Canoga Park, California.
Technical Associates established in 1946 as a spin-off from the Manhattan Project at Los Alamos National Laboratory. Technical Associates places special emphasis' in air and water monitoring. This includes, but is not limited to drinking water, sea water, and wastewater monitors. This means developing the world's only real-time continuous Alpha, Beta, Gamma, and Tritium in water monitor that can measure at or below EPA/PAG level guidelines.
Overhoff Technology designs and manufactures high quality Tritium monitors. It has earned an outstanding reputation as the world's top manufacturer of Tritium monitors. Electronic Control Concepts' (EEC) dedication is to producing high quality, X-Ray calibration and measurement devices. Anywhere x-ray instruments are in use, EEC products are vital in maintaining a safe working environment for employees, customers, as well as the general public.
US Nuclear's newest product development is the incorporation of radiation and chemical sensors with drone mounted platforms. Serving an array of industries this partnership of technology is creating a pioneering new industry - Aerial Radiation and Chemical Detection. The Company's strategic partnership with FlyCFam UAV provides a total package to the customer, which flies in all-weather, heavy winds, and with a heavy payload. As a result, this provides the opportunity to fly numerous sensors at one time with real-time wireless download.
This past January, US Nuclear announced it sold a fleet of DroneRAD systems to the Saudi Arabia Civil Defense. The order brought the Company's current order backlog at the time to the $2,000,000 range. The DroneRAD is an aerial radiation and chemical detection system. It uses the revolutionary Neo and Zoe drones offered by FlyCAM UAV.
At the beginning of April, US Nuclear announced it was preparing to ship a fleet of DroneRAD systems to the Saudi Arabia Civil Defense. In addition to detecting radiation, such as radioactive gamma hot-spots or airborne particulates, US Nuclear announced that these innovative DroneRAD systems can also be outfitted with chemical detectors and bacterial/viral collection filters.
US Nuclear and FlyCAM UAV are participating at AUVSI XPONENTIAL 2019 on April 30 – May 2, 2019. This is to showcase the DroneRAD. AUVSI XPONENTIAL is the largest trade show for unmanned and autonomous systems. US Nuclear and FlyCAM UAV can be visited at Booth 2418.
Recently, US Nuclear announced the annual results for the year ended December 31, 2018. Selected 2018 annual highlights include Total Sales Revenue of $3,634,560. This represents an increase of $563,914 or 18.4 percent over the prior year.
Gross Margin grew to 53.0 percent versus 43.8 percent the year prior. Gross Profit for 2018 was $1,927,205. This represents an increase of 43.3 percent versus the prior year. The Net Loss of $2,407,070 was because of stock based compensation and the acquisition of manufacturing rights.
US Nuclear Corp. (UCLE), closed Wednesday's trading session at $1.35, up 3.05%, on 12,084 volume with 26 trades. The average volume for the last 3 months is 52,809 and the stock's 52-week low/high is $0.202/$2.85.
Mechanical Technology, Incorporated (MKTY)
Zacks, Wallet Investor, Tech Stock Standard, Business Wire, Last10k, InvestorsHub, Marketbeat, Biz Journals, Simply Wall St, YCharts, The Street, MarketWatch, Dividend Investor, Marketwired, and Market Screener reported previously on Mechanical Technology, Incorporated (MKTY), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Mechanical Technology, Incorporated engages in the design, manufacture, and sale of test and measurement instruments and systems via its subsidiary MTI Instruments Incorporated. It designs, manufactures, and markets precision linear displacement solutions, vibration measurement and system balancing solutions, precision tensile measurement systems, and wafer inspection tools globally. The Company lists on the OTC Markets. Established in 1961, Mechanical Technology has its head office in Albany, New York.
MTI Instruments' products use a complete variety of technologies to solve complex, real world applications in manifold industries. These industries include manufacturing, electronics, semiconductor, solar, commercial and military aviation, automotive and data storage.
MTI offers electronic gauging instruments for position, displacement, and vibration applications in the industrial manufacturing/production markets, and the research, design, and process development market. Additionally, MTI provides engine balancing and vibration analysis systems for military and commercial aircraft; and metrology tools for semiconductor and solar wafer characterization. It also provides tensile stage systems for materials testing and precision linear displacement gauges for use in academic and industrial research and development settings.
Recently, Mechanical Technology announced its financial results for 2018. Revenue increased $1.0 million, or 14 percent, to $8.1 million in 2018 because of increased activity with the U.S. government. The Company continues to expand its PBS product offerings within existing and new Air Force, Navy and Coast Guard programs. The Company also continued to grow its commercial engine balancing system and accessories business, most notably in engine test cell facilities worldwide.
Operating Income grew $935,000 in 2018 to $1.5 million. This is the highest level reported by the Company since 1998. Spending on new development initiatives and product enhancements at its MTI Instruments subsidiary intensified in 2018 as part of Mechanical Technology's commitment to grow organically. Therefore, 2019 will see the introduction of new capacitance products and an updated model of the Company's renowned engine vibration balancing system.
Mechanical Technology, Incorporated (MKTY), closed Wednesday's trading session at $1.16, up 1.00%, on 2,212 volume with 6 trades. The average volume for the last 3 months is 19,531 and the stock's 52-week low/high is $0.57/$1.70.
Altigen Communications, Inc. (ATGN)
NetworkNewsWire, Stock Twits, Zacks, Market Screener, Investors Hangout, Dividend Investor, Stockhouse, Simply Wall St, Capital Cube, Accesswire, 4-Traders, InvestorsHub, Street Insider, Financial Content, Wallet Investor, and Marketbeat reported on Altigen Communications, Inc. (ATGN), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Altigen Communications, Inc. is a provider of Hosted Skype for Business and Contact Center solutions. The Company is a foremost Microsoft Cloud Solutions provider. It delivers fully managed Unified Communications services, combining Hosted Skype for Business, Advanced Cloud PBX, and Innovative Cloud Contact Center applications with seamless integration to Office 365 for small-to-medium sized businesses and enterprises. OTCQB-listed, Altigen Communications has its corporate office in San Jose, California.
The Company's innovative and feature rich Cloud PBX and Multi-channel Contact Center solutions natively integrate with Skype for Business and Office 365 to deliver business-critical functionalities required by SMBs and enterprises. The design of Altigen Communications' solutions is for high reliability, user-friendliness, seamless integration to Microsoft infrastructure technologies, and are constructed on a scalable, open standards platform.
Altigen's portfolio of Cloud-based Unified Communications solutions are deployed as fully managed services. Its solutions considerably simplify deployment and ongoing system management. They do so while enabling its customers to significantly reduce IT (Information Technology) support costs and decrease total cost of ownership.
Recently, Altigen Communications announced a strategic business partnership with Cisilion, a foremost United Kingdom (UK) based IT systems integrator and managed service provider. Cisilion specializes in enterprise networking, voice and collaboration, security, cloud & data centre and IT services. The focus of the partnership between the two companies will be on delivering and enhancing the value of Microsoft Teams Phone System and Skype for Business. Altigen Communications' solutions include Teams Direct Routing, a new Intelligent Call Routing application, workgroup call routing and queuing, and enterprise contact center applications.
Mr. Paul Fullman, Altigen Communications' Vice President of Microsoft Solutions, said, "The momentum for Microsoft Teams has been steadily growing for the past year. With many organisations now in the process of evaluating Microsoft Teams Phone System, it was critical for us to work with a top-notch partner to deliver Altigen's solutions. We're extremely pleased with such a quality company as Cisilion."
Altigen Communications will announce its Q2 Fiscal Year 2019 financial results after the close of regular market trading on Thursday, April 18, 2019. In addition, Altigen will hold a conference call to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. ET).
Altigen Communications, Inc. (ATGN), closed Wednesday's trading session at $1.15, down 2.54%, on 46,880 volume with 20 trades. The average volume for the last 3 months is 76,190 and the stock's 52-week low/high is $0.379/$1.47.
The QualityStocks Company Corner
- TransCanna Holdings Inc. (CSE: TCAN)
- The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
- Genprex Inc. (NASDAQ: GNPX)
- VPR Brands, LP (VPRB)
- Global Consortium, Inc. (OTC: GCGX)
- Marijuana Company of America Inc. (MCOA)
- Earth Science Tech, Inc. (ETST)
- SinglePoint, Inc. (SING)
- Net Element, Inc. (NASDAQ: NETE)
- Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF)
- Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)
- Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
- Sugarmade, Inc. (SGMD)
- Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE)
TransCanna Holdings Inc. (CSE: TCAN)
Transcanna Holdings Inc. (CSE:TCAN: XETR: TH8) ("TransCanna" or the "Company") is pleased to provide its shareholders and investors with an eight-minute video presented by its CEO, Jim Pakulis, as he describes the features and benefits of the acquisition of the 196,000-square-foot vertically integrated cannabis-focused facility. Video Link: https://youtu.be/CbZz_yZQ4nE. Also today, CannabisNewsWire released a report on the company detailing how TCAN is well-positioned to benefit as a rapidly maturing cannabis market gets pushed beyond the sector's historically core demographics, targeting fast-growing new segments such as women, with an emphasis on elements like wellness and clearly labeled/low-dose alternatives. Additionally, CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announced the publication of an article discussing how TransCanna Holdings Inc. (CSE: TCAN) has been cementing its leadership position in California with the moves to acquire Goodfellas Group LLC, a full-service advertising and marketing agency, and to license its Adelanto facility.
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 $6.41, up 5.95%, on 146,721 volume with 231 trades. The average volume for the last 3 months is 167,114 and the stock's 52-week low/high is $0.77/$7.79.
- TransCanna Provides Video Tour of 196,000 Sq. Ft. Vertically Integrated Facility
- Full-Spectrum Seed-to-Sale Model, Quality Branding Key to Cannabis Success
- TransCanna Looks to Streamline Production & Distribution -- CFN Media
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) (US:TGODF) is pleased to announce the Company's strategic investment into the US beverage space as a co-founding investor and strategic partner in the newly formed Califormulations LLC ("Califormulations"). Also today, the company was highlighted in Investorideas.com's potcastsCM, covering cannabis news and stocks to watch plus insight from thought leaders and experts. Listen to the podcast: http://ibn.fm/Tl2B8. Additionally, the company was highlighted today in a publication by Pot Stock News, examining today's share price performance surrounding news of entry into the U.S. market.
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 firstname.lastname@example.org
The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $3.1721, up 0.07%, on 434,803 volume with 733 trades. The average volume for the last 3 months is 1,242,234 and the stock's 52-week low/high is $1.607/$7.894.
- The Green Organic Dutchman Enters US Market Through Cornerstone Investment in Califormulations LLC
- Investor Ideas Potcasts, Cannabis News and Stocks on the Move May 8th
- TGOD Stock Surges on Strategic Investment in the US Beverage Market
Genprex Inc. (NASDAQ: GNPX)
Genprex Inc. (NASDAQ:GNPX) today announces its placement in an editorial published by NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company for private and public entities.To view the full publication, titled "New Gene Therapies Hold Out Promise for Patients," visit: http://nnw.fm/Nl9gA. Also today, the company announced that it has taken a significant step toward commercialization of its lead drug candidate by retaining the services of leading pharmaceutical branding agency, Addison Whitney. Addison Whitney, a Syneos Health company, will draw from its 28-year history to oversee the proprietary and non-proprietary drug naming process for Genprex's lead drug candidate, currently known as Oncoprex™ immunogene therapy, for non-small cell lung cancer. Furthermore, NetworkNewsWire released a report on the company detailing Oncoprex further. Once Oncoprex is taken up into a cancer cell, the TUSC2 gene is expressed in a protein that is capable of restoring certain defective functions arising in the cancer cell (http://nnw.fm/1w2WY). NOTE TO INVESTORS: The latest news and updates relating to GNPX are available in the company's newsroom at http://nnw.fm/GNPX.
Genprex Inc. (NASDAQ: GNPX) is a clinical-stage gene therapy company developing potentially life-changing technologies for cancer patients based upon a unique proprietary technology platform, including Genprex’s initial product candidate, Oncoprex™ immunogene therapy for non-small cell lung cancer (NSCLC). Genprex’s platform technologies are designed to administer cancer-fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities.
Research and Development
Genprex holds a portfolio of 30 issued and two pending patents covering its technologies and targeted molecular therapies. The company’s research and development program is focused on identifying and developing leading-edge gene therapies that can be used alone or in combination with other therapies for treatment of cancer.
Genprex’s initial product candidate is Oncoprex™, an immunogene therapy for the treatment of non-small cell lung cancer (NSCLC). Oncoprex works by interrupting cell signaling pathways that cause replication and proliferation of cancer cells, re-establishes pathways for apoptosis (or programmed cell death) in cancer cells, and modulates the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance.
Preclinical research is being conducted with the goal of developing Oncoprex to be administered with targeted therapies in other solid tumors, and with immunotherapies in NSCLC and other solid tumors. In addition, Genprex has conducted and plans to continue research into other tumor suppressor genes associated with chromosome 3p21.3, as well as other potential applications of the company’s immunogene therapy platform.
Genprex is currently conducting the second phase of a phase I/II clinical trial at the University of Texas MD Anderson Cancer Center in Houston. The company plans to expand its clinical program by adding a new clinical study evaluating Oncoprex™ in combination with a checkpoint inhibitor for treatment of Stage IV or recurrent NSCLC. In research presented at the 2017 Annual Meeting of the American Association of Cancer Research in Washington, D.C., Genprex’s collaborators showed that TUSC2 in combination with PD-1 checkpoint inhibition has a significantly greater anti-tumor effect in lung cancer than either agent alone. The research also shows that TUSC2 in combination with PD-1 blockade has synergistic activity in upregulating natural killer (NK) cells, correlating with prolonged survival in mice.
TUSC2 (Tumor Suppressor Candidate 2) is a tumor suppressor gene that is absent or deficient in cancer cells of many different cancer types.
Genprex technologies seek to bridge a critical gap by combining with targeted therapies and immunotherapies to provide treatments to large patient populations who would otherwise not be candidates for those therapies or who have become resistant to them. Genprex technologies are being developed to overcome genomic limitations which are inherent in targeted therapies and immunotherapies in order to provide new treatment solutions to large cancer populations, such as those with lung cancer.
Each year, more people die of lung cancer than of colon, breast and prostate cancers combined. NSCLC is the most common type of lung cancer, accounting for about 85 percent of all lung cancers, according to the American Cancer Society (“ACS”). Despite radical advances in drug development and novel therapeutic standards, survival for late stage lung cancer has not improved significantly in the past 25 years.
Chairman and Chief Executive Officer J. Rodney Varner, JD, is a co-founder of Genprex and has served in these roles since August 2012. He has more than 35 years of legal experience with large and small law firms and as outside general counsel of a Nasdaq-listed company. Varner has served as counsel in company formation, mergers and acquisitions, capital raising, other business transactions, protection of trade secrets and other intellectual property, real estate, and business litigation. He is a member of the State Bar of Texas and has been admitted to practice before the U.S. Court of Appeals for the Fifth Court and the U.S. Tax Court.
Julien L. Pham, M.D., MPH, is president and chief operating officer of Genprex. In March 2013, Dr. Pham co-founded RubiconMD, a healthcare IT company that connects primary care providers to specialists for additional guidance and opinions on medical cases and served as its chief medical officer. He has served on the faculty at Harvard Medical School’s Brigham and Women’s Hospital and is a board-certified internal medicine doctor and nephrologist.
Ryan M. Confer, MS, has served as Genprex chief financial officer since September 2016. Confer has more than 10 years of executive experience in planning, launching, developing, and growing emerging technology companies and has served in the chief operating and chief financial roles for non-profit and for-profit entities since 2008. Confer has also served as an international business development consultant for the University of Texas at Austin’s IC2 Institute, where he focused on evaluating the commercialization potential of nascent technologies in domestic and international markets applicable to technology incubator programs associated with the University. Confer holds a BS in finance and legal studies from Bloomsburg University of Pennsylvania and an MS in technology commercialization from the McCombs School of Business at the University of Texas at Austin.
Jan Stevens, RN, is vice president of Clinical Operations. Stevens has nearly 20 years of comprehensive clinical operations experience in the biopharma industry and a specialization in early-to-late stage oncology companies. Stevens joined the company to help support the various clinical development programs for Oncoprex™.
Genprex Inc. (NASDAQ: GNPX), closed the day's trading session at $1.84, up 3.38%, on 149,859 volume with 574 trades. The average volume for the last 3 months is 46,014 and the stock's 52-week low/high is $0.95/$17.00.
- Genprex (GNPX) Featured in NetworkNewsWire Publication Discussing Gene Therapies for Cancer Treatment
- Genprex Retains Addison Whitney for Drug Nomenclature Branding
- Genprex Inc. (NASDAQ: GNPX) Aims to Reprogram the Course of Cancer with Gene Therapy Approach
VPR Brands, LP (VPRB)
The growth of vaping has led to the emergence of a new sector. Many companies are jockeying for position in this new space. Interestingly, some of the more successful companies may not necessarily be the big players but those that work smart with what they have. Among these smaller smart companies is VPR Brands LP (OTC: VPRB) (VPRB Profile), which has used innovative products and marketing tactics to expand its customer base. Also today, NetworkNewsWire released a report on the company detailing how VPR Brands' vape accessory products, as well as its new cannabidiol product division, have helped the company record a 28 percent revenue increase for the past year.
Florida-based VPR Brands, LP (VPRB) is an innovative technology holding company whose assets include patented atomization-related products and technology. VPR Brands' current lineup of products includes accessories and vaporizers for cannabidiol (CBD), cannabis concentrates and extracts. The company is also engaged in product development within the vaping market and partners with top international brands to elevate their products within the vaping industry.
VPR Brands employs a growth strategy centered on high-performance, high-quality products that build exponential brand equity, awareness and loyalty. The company's current product portfolio is comprised of the following:
- GoldLine combines premium ingredients and extracts coupled with the newest in technology to achieve the ultimate selection of cannabidiol (CBD) and hemp-based products available anywhere. The product range is designed for a wide variety of consumers and features edibles such as gummies and pure honey stix, tinctures, pre-rolled flower, vapable products and creams. For more information please visit?www.cbdgoldline.com.
- HoneyStick is a lifestyle brand that combines the features of high tech, high performance, dependability and affordability when it comes to upper tier vaporizers. HoneyStick was first to market in creating a Sub Ohm vaporizer to the latest Ripper and Plasma GQ. The HoneyStick team works with a vast network of growers, extractors and industry figures to bring the needs of patients and recreational users to life. HoneyStick is sold online and through a diverse network of distributors, e-tailers, dispensaries and smoke shops. For more information about HoneyStick, visit?www.vapehoneystick.com.
- Helium brings the vaping experience to a new level with intense flavors that are steeped to perfection and chilled at 20 degrees below room temperature. Helium's chillers are scientifically proven to preserve flavor, freshness and aroma. Helium is in a 50ml durable and squeezable bottle with drip tip that is functional from the start, engineered to deliver 77 percent VG.
- Vaporin delivers Sub Ohm series starter kits. Vaporin also provides an eye-catching display case with multi-packs of selected starter kits, coils and premium e-liquids for retail and dispensary operations.
- Vaporx offers the most current, highest quality products from the best-known brands, including KangerTech, eLeaf, Aspire, Pioneer4You, JoyeTech, Samsung. Vaporx acts as an extension to a client's purchasing department, providing the option to schedule regular product mix refresh for maximum sales.
- GoldLine Hemp products are developed specifically for the convenience store market segment. GoldLine Hemp-only products are created without CBD, providing an alternative product line for consumers who are not ready to experience CBD products but still want to take advantage of this rapidly expanding class of products. GoldLine Hemp-only edible Hemp Gummies debuted at the National Association of Convenience Stores (NACS) Expo in Las Vegas in October 2018 and are now being distributed nationwide. The U.S. convenience store industry, with more than 154, 000 stores nationwide, serves 160 million customers daily and has sales that are 10.8% of the total U.S. retail and food service sales. Visit?www.goldlinehemp.com?for more information about GoldLine Hemp-only products.
- Vapor Store Direct in Fort Lauderdale, Florida, is one of the largest vaporizer and e-liquid wholesalers in the United States. Vapor Store Direct stocks internationally elite brands, vaporizers, tanks/atomizers, coils, e-liquid, e-cigarettes, batteries, glass and accessories.
CEO Kevin Frija is a veteran entrepreneur with nearly 30 years of experience in sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing. In 2009, Frija became the president and chief executive officer of Vapor Corp., one of the first U.S. importers and publicly traded electronic cigarette companies. In 2016, Frija purchased the brands and wholesale business assets from Vapor Corp., which is now owned by VPR Brands. Under his leadership, VPR Brands is pivoting toward cannabis products which is increasing sales and profit margins.
Dan Hoff, chief operating officer, has worked in the vaporizer and e-cigarette industry, serving in various positions at Vapor Corp., including overseeing the financial management, accounting functions, supply chain management, product design and development, and key vendor relations. He has played a pivotal role in building and expanding the cannabis-based products division at VPR Brands, which includes a turnkey OEM vapor solutions program available to farmers, cultivators and extractors. Hoff received his bachelor's degree from the University of Miami School of Business.
VPR Brands, LP (VPRB), closed the day's trading session at $0.067, up 11.67%, on 74,985 volume with 15 trades. The average volume for the last 3 months is 87,298 and the stock's 52-week low/high is $0.026/$0.139.
- Surging Vape Market Propels Smart Brands Growth
- VPR Brands, LP (VPRB) Pleased with Revenue Growth as Company Announces Year-End Financial Results
- VPR Brands Announces 2018 Full-Year Results
Global Consortium, Inc. (OTC: GCGX)
Diversified cannabis holding company Global Consortium Inc. (OTC: GCGX) remains committed to its goal of beginning the registration process to be listed and traded on the Nasdaq by mid- to late-June of this year, CEO Matthew Dwyer said during an investor conference call (http://nnw.fm/YCe7l). The company recently updated shareholders on Twitter, stating that a valuation is underway on an acquisition made last year to ensure that the financial reports meet the Generally Accepted Accounting Principles ("GAAP") adopted by the U.S. Securities and Exchange Commission (http://nnw.fm/p7JBA).
Global Consortium, Inc. (OTC: GCGX) is a diversified cannabis holding company that recently acquired several companies in the cannabis space. Headquartered in Florida, Global Consortium is expanding its reach nationwide with several subsidiaries, partnerships and licensing agreements. Golden Consortium reported over $600,000 in sales in the quarter ended September 30, 2018, and over $2 million in CBD product sales for 2018.
Among Global Consortium’s assets are the following:
- Infused Edibles has been selling a wide selection of specialty, CBD-infused edible products including gummies, baked goods, fruit and nut mixtures, savory and spicy dried fruits and jerky, and cannabidiol oils for over 13 years. Infused Edibles has received 17 first place awards for its dedicated line of U.S. grown, CBD isolate-infused food products. Infused Edibles operates out of a 6,000 square foot building, servicing 400 stores with dedicated sales reps and eight distributors in 15 states.
- Infused Oils is a northern California company that produces a premium, 100 percent solvent and pesticide-free cannabis distillate that delivers potency, purity and flavor to medical cannabis patients. Infused Oils uses state-of-the-art CO2 supercritical extraction methods to preserve the delicate cannabinoid and full spectrum terpene profiles of its medical grade oil. Produced from uncommon, boutique cannabis strains that are micro-grown and hand trimmed, Infused Oils creates natural, medicinal cannabis extracts that are strain specific THC and CBD oils of premium quality.
- America’s first Cannabis Mall, under construction in the Sacramento, California, area, is designed to house cannabis manufacturing, distribution, delivery, retail, testing and cultivation – all under one 64,000 square foot building that showcases various cannabis operations from seed to shelf. The Cannabis Mall will house the largest manufacturing facility of THC and CBD distillates and edibles believed to be operational in the United States. The testing lab at the Cannabis Mall will service outside cannabis vendors as well as all products manufactured there. The distribution space will be leased to a 3rd party with a 50 percent revenue share for Global, while all of Global’s products will be distributed free.
Global Consortium recently entered into a Letter of Intent with MJ Munchies, Inc., a subsidiary of Nightfood Holdings, Inc. (OTC: NGTF), for an exclusive license to manufacture and distribute marijuana and CBD-infused products under the Half-Baked(TM) mark owned by MJ Munchies. The LOI includes provisions for monthly royalty payments, sales and growth thresholds, and a distribution of proceeds if, and when, the Half-Baked brand is ever sold to a third party.
Global Consortium has also received a weekly order, worth a minimum of $50,000 per week, from the only licensed delivery company servicing the Lake Tahoe, Nevada, area. Over 30 million people live in and visit the Lake Tahoe area, which has no recreational dispensaries. As part of the deal, all of Global’s product lines – Infused Edibles, Indulge Oils and any other products produced – will be offered by the delivery company.
Director, CEO and President Matthew Dwyer has been working in the securities industry since 1986 when he began his career working for Donaldson, Lufkin, and Jenrette. Dwyer went on to hold several securities licenses until 1991 when he ventured off on his own. He has worked in all sectors of the industry from owning an Investors Relations company with one of the first call rooms to working on reverse mergers and debt financing. Dwyer has a well-versed working knowledge of the securities industry, working with both OTC and SEC reporting companies.
Director and incoming President Manuel Losada has over 30 years of healthcare industry experience dedicated to building and achieving profitability and growth. His extensive background includes medical/surgical and device manufacturers, distribution and supply chain, group purchasing organizations, pharmaceuticals and medical product delivery systems. Losada holds a proven track record of successful mergers and acquisitions, business development, and long-range planning for Fortune 500 and multinational companies. He is an energetic professional with exceptional analytical, organizational and people skills, strong personal ethics and integrity. Dwyer is a highly organized team-builder with strong leadership experience and excellent communication skills.
Andrew Moll, Independent Director, has worked as a sales rep for approximately 25 years calling on all types of stores including specialty, resorts, sporting goods, casinos, major department stores and mass merchants. Moll worked in private label production overseas and domestic for NASCAR, Wal-Mart, Coca Cola, Six Flags, Disney, Universal Studios, Sea World, and Hard Rock. In addition, he spent 10 years working with U.S. retailers and apparel brands to secure overseas production with factories in Central and South America as well as China, India, and Pakistan. Moll spent the last 8 years as vice president of sales for a resort athleisure company.
Tom Roland, Chief Operating Officer, is the founder of Indulge Oils. Roland has built a strong reputation in the business over the past 5 years for producing a superior product and delivering on time. He will operate the Cannabis Mall and all manufacturing for both the edibles and distillates departments. Roland is a proven entrepreneur experienced in building profitable companies and has a passion for entrepreneurship, developing innovative approaches to industry challenges, and building vibrant company cultures. He accelerates development and deployment of solutions while maintaining profitable growth. Roland also serves as an advisor to several start-up ventures and continues to empower teams though his provocative leadership.
Marc Adesso, Securities Counsel, of Waller Lansden Dortch & Davis, LLP, is recognized for his work on securities regulation and corporate governance. He has established a national practice counseling issuers, conducting mini-IPOs under Regulation A+ of the JOBS Act, which currently allows companies to raise up to $50 million per year from the general public. Adesso is a key member of the firm’s blockchain and cryptocurrency practice and is lauded as one of the world’s top attorneys in the area of registered offerings of cryptocurrencies such as ICOs. In recognition of his national reputation in the space, as well as being Tennessee’s only veteran cannabis attorney, Adesso chairs the firm’s legalized cannabis practice which counsels clients on the rapidly changing landscape facing the cannabis industry.
Global Consortium, Inc. (OTC: GCGX), closed the day's trading session at $0.024, up 4.80%, on 438,394 volume with 40 trades. The average volume for the last 3 months is 2,412,157 and the stock's 52-week low/high is $0.016/$0.1083.
- Global Consortium Inc. (GCGX) Finalizing Financial Reports, Anticipates Registration Process for Nasdaq Listing
- Global Consortium Inc. (GCGX) Says Uplisting Process is Underway, Receives Annual Cannabis Manufacturing License
- Worldwide Nutraceuticals Market Continues Rapid Growth, Global Consortium Inc. (GCGX) Positioned to Benefit from Positive Dynamics
Marijuana Company of America Inc. (MCOA)
Marijuana Company of America Inc. (MCOA), an innovative hemp and cannabis corporation, is pleased to announce that its wholly owned subsidiary, hempSMART, Ltd., is taking steps to list on the Vienna Stock Exchange (H Smart SARL), with the intention of raising sufficient capital to expedite the rollout of its hempSMART™ product line in Europe. Also today, the company was highlighted in a publication from Financialnewsmedia.com, examining how, over the past couple of years, increasing consumer demand for medical and legal recreational cannabis has been growing. And now more and more governments are steadily moving to full legalization.
Marijuana Company of America Inc. (OTC: MCOA) (the "Company") are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a U.S. stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.
The CBD market is growing exponentially and consequently the founders of MCOA have constructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can be used to produce products that are carbon neutral or even carbon negative. It is one of the longest, strongest natural fibers on earth, used as a building material that is free of mold, pesticide-resistant, and fire proof. Hemp has also been described as a “super food,” which provides additional business opportunities. No part of the plant is left unused and the Company’s overall strategy is to take advantage of every profit center from farm to the multiple valuable finished products.
The cannabis and hemp industries are experiencing unprecedented growth that is expected to continue for many years as these industries are now accepted globally and continue to mature and expand. North American consumers spent $6.7 billion on legal cannabis products in 2016, up 34% from 2015’s $5 billion. This trend is widely expected to explode at a 27% compounded annual growth rate to reach $22.6 billion by 2021, according to ArcView Market Research.
The company offers investors the opportunity to be on the forefront of cannabis and hemp innovation through cultivation, processing in the legal cannabis and industrial hemp sectors. The Company’s business model includes producing a diverse portfolio of synergistic business segments that provide value to its shareholders. Its vertically integrated business model and distribution platforms are positioned to capture market share by developing recognizable and valuable brands.
Under the MCOA umbrella, wholly owned subsidiary hempSMART™, Inc. is committed to bringing high quality CBD-based products to the market through its affiliate marketing program. Through hempSMART, MCOA’s strategic approach to the distribution of products is through a networking architecture geared to maintain customer loyalty and capture market share. The patent-pending product “hempSMART Brain,” is designed to revolutionize the safe and effective support of healthy brain function. The brand new product, HempSMART DROPS, is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The hempSMART marketing team has decades of experience, and is well positioned to take the hempSMART brand to a global audience.
Marijuana Company of America Inc. (MCOA), closed the day's trading session at $0.0139, up 8.59%, on 15,925,001 volume with 613 trades. The average volume for the last 3 months is 11,569,534 and the stock's 52-week low/high is $0.01025/$0.0499.
- Marijuana Company of America's hempSMART Subsidiary Plans Separate Listing on the Vienna Exchange
- Global Cannabis Industry Positioning To Be World's Most Lucrative Sector
- Marijuana Company of America Issues 2019 Shareholder Letter
Earth Science Tech, Inc. (ETST)
Earth Science Tech, Inc. (ETST) was featured today in the 420 with CNW by CannabisNewsWire. Two bills dealing with access to medical marijuana by veterans are slated to be voted on by a congressional committee today (Wednesday, May 8). This vote comes barely a week after the Veterans' Affairs Subcommittee of Health conducted a hearing on the bills.
Earth Science Tech, Inc. (ETST) is an innovative biotechnology company operating in the fields of hemp cannabinoid (CBD), nutraceutical, pharmaceutical and medical device research and development. Earth Science Tech offers the highest purity and quality, full-spectrum, high-grade hemp CBD (cannabidiol) oil on the market. Made using the supercritical CO2 liquid extraction process, the company’s CBD oil is 100 percent natural and organic. Earth Science Tech has partnered with the University of Central Oklahoma and DV Biologics Laboratory to conduct research and development projects that scientifically support and advance the healthcare benefits of its high-grade hemp CBD oil.
Earth Science Tech Inc. currently has three wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:
- Earth Science Pharma, Inc., which is committed to development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. Earth Science Pharmaceutical CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. Earth Science Pharma is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.
- Cannabis Therapeutics, Inc. (“CTI”), which is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds a provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers.
- KannaBidioiD (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused edibles and vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.
Earth Science Tech celebrated a significant, developmental year during 2017 by sharing its achievements in a condensed end-of-year report. Among the report’s highlights are the implementation of a development plan for the coming three years, which includes expanding into Canada and opening new manufacturing and shipping facilities. Of particular interest is the acquisition of Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada, which gives Earth Science Tech access to Canadian government grants offered to innovators in the pharmaceutical industry. ETST has also launched development of proprietary prophylactic therapies utilizing cannabidiol (CBD) to treat various forms of breast cancer.
In October 2017, ETST announced it is cooperating with the Clinique SIDA Amité (AIDS Friendship Clinic) for a mini-clinical trial, the last trial needed before the MSN-2 device, designed for the detection of STIs, enters molecular diagnostic trials. And in November 2017, the company began pre-launch human trials on a new CBD formula to fight against the U.S. opioid epidemic. The new formula, expected to decrease cravings and the negative effects of withdrawal in addicts, is based on industrial hemp CBD mixed with a known natural ingredient proven to help increase dopamine levels. ETST’s medical devices will first be launched in Vietnam, Djibouti and Morocco while the company awaits regulatory permission to enter the North American market.
The company expects to up-list to the OTCQB in early 2018, which management believes will attract well-funded institutional investors and pave the way to becoming the next billion-dollar-in-capitalization company on the OTC markets. Other highlights include completion of the company’s Scientific Advisory Council with a team of recognized scientists, the launching of several CBD-infused edible products and entry into the medical devices market through collaborative partnerships.
Earth Science Tech has signed a collaborate agreement with Laboratories BNK Canada, a private laboratory that will conduct the clinical studies necessary for MSN-2 medical device-related services to meet regulatory requirements. ETST has confirmed the MSN-2 device’s ability to detect chlamydia, and is working to validate similar results for gonorrhea, both highly infectious diseases that often have permanent consequences for patients. ETST will also add testing for trichomoniasis and a complete body fluid panel to detect the different serotypes of the human papillomavirus (HPV) that causes cervical cancer. These additions will help the company create sales opportunities in the global market for diagnostic testing of STDs that Transparency Market Research has indicated will grow to $108 billion by 2019.
Cannabis Therapeutics is in the development stage of two cannabinoid-based pharmaceutical drugs and three cannabinoid-based nutraceutical products targeting a variety of ailments such as anxiety, depression, triple negative breast cancer, and fatty liver disease, among others. Research into the benefits of the non-psychoactive cannabinoid molecules found in the cannabis plant is supported by ETST’s International Application for Provisional Patent titled “Cannabidiol Compositions Including Mixtures and Uses Thereof,” which was filed on October 8, 2015. Cannabis Thera’s R&D efforts are concentrated on developing CBD-based drugs and nutraceutical products and in working to integrate the CBD molecule with existing generic drug molecules to create more efficient medications with fewer and less severe side effects. A report in Hemp Business Journal predicts the CBD consumer market will grow to $2.1 billion by 2020, while other industry experts expect an increase to almost $3 billion by 2021. A recent report by Statista projects the U.S. consumer market for cannabinoid-based pharmaceuticals could reach $50 billion by the year 2029.
The management team at Earth Science Tech brings decades of invaluable experience to the nutraceutical, dietary supplement field as well as the life sciences sectors. Nickolas S. Tabraue, who serves as the president, director and chief operating officer, is an industry veteran with extensive knowledge of supplements, retail management, customer service and sales expertise. He is joined by CEO and CSO Dr. Michel Aubé, a microbiologist whose scientific research in sexually transmitted infections, cancer and stem cell biology has been widely published in several prestigious medical journals. Sergio Castillo, chief marketing officer, and Gabriel Aviles, chief sales officer, bring a wealth of marketing and sales experience to Earth Science Tech, which is complemented by Issa El-Cheikh, Ph.D., and his 25 years in the international finance, accounting, planning and execution of large scale transactions in the public and private sectors.
Earth Science Tech’s products include CBD, a natural constituent of hemp oil derived from hemp stalk and seed. EST offers CBD in the form of vitamins, minerals, herbs, botanicals, personal care products, homeopathies, functional foods and other products delivered in such forms as capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs. Earth Science products can be found at retail stores throughout the United States and are available for purchase through the internet.
Earth Science Tech, Inc. (ETST), closed the day's trading session at $0.50, even for the day, on 45,851 volume with 41 trades. The average volume for the last 3 months is 34,896 and the stock's 52-week low/high is $0.375/$2.45.
- 420 with CNW – Two Cannabis Bills to be Voted on by Congressional Committee this Week
- Earth Science Tech Inc. (ETST) Airs Infomercial, Plans to Add Other Markets and Networks
- NetworkNewsBreaks – Earth Science Tech Inc.'s (ETST) Total Compliance to the 2018 Farm Bill Drives Competitive Edge Nationwide
SinglePoint, Inc. (SING)
SinglePoint (OTCQB:SING) today announces a strategic national distribution program that will provide qualified fast growing CBD product companies a path to get their products into National Retail Distribution. The "Strategics" program is offered in partnership with a national distribution company that has nearly $2 Billion in annual sales to mass-market stores including CVS, Walgreens, Rite-Aid, Dollar General, Dollar Tree, Giant Eagle, Meijer and Kroger grocery stores in addition to a long list of regional and national convenience stores. Also today, the company was highlighted in a publication from Investorideas.com, examining the aforementioned "Strategics" program in greater detail.
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 $0.014, even for the day, on 1,600,341 volume with 107 trades. The average volume for the last 3 months is 4,044,496 and the stock's 52-week low/high is $0.0106/$0.068.
- SinglePoint Introduces National Distribution Program for Fast Growing CBD Product Companies
- Investor Ideas Potcasts, Cannabis News and Stocks on the Move May 8th
- SinglePoint Inc. (SING) Shareholder Update Highlights Recent Successes, Predicts Bright 2019
Net Element (NASDAQ: NETE)
Global technology and value-added solutions group Net Element Inc. (NASDAQ: NETE) subsidiary Aptito will be entering into a sales and support partnership with HP Inc. (NYSE: HPQ) that will focus on the HP line of Android-based point-of-sale devices, the company announced in a press release (http://nnw.fm/58iVx).
Net Element (NETE), is a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce, and mobile devices. Net Element operates a payments-as-a-service transactional model and value-added services platform for small to medium enterprises in the U.S. and selected emerging markets. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500 ™ and South Florida Business Journal’s 2016 fastest growing technology companies.
Net Element believes the future of global commerce is being revolutionized as consumers quickly migrate toward omni-channel shopping utilizing mobile devices, desktop, and online services. Net Element’s all-in-one payment solutions support and unify a whole range of applications through a single, robust platform, allowing global onboarding and support for multiple payment methods.
With an eye on emerging markets, Net Element is pursuing growth opportunities and footholds in a number of industries. The company’s most recent application of its technology is to the cannabis industry, which is paced to hit $591 million and could increase 40 times in the next four years. This rampant growth also creates heightened need for smooth transactions between merchants and consumers. Payment processing and compliance for the cannabis industry has become increasingly complex, and Net Element’s Unified Payments subsidiary is addressing the challenges by offering a compliant, seamlessly integrated payment solution that makes it simple to transact.
Net Element has also launched a blockchain-focused business unit that will develop and deploy blockchain technology-based solutions. Net Element expects the new division to create a decentralized crypto-based ecosystem that will act as a framework for an unlimited number of value-added services, connecting merchants and consumers in a seamless, economically efficient transaction. This new business unit intends to also identify and invest in unique projects that decentralize and disrupt the payment processing industry by combining blockchain technology and real-world applications with talented development teams, strong fundamentals and addressable markets large in size.
“We believe that we’re at the dawn of a new evolution where additional digital payment methods are being introduced,” Net Element CEO Oleg Firer, says. “Introduction of our division focused on blockchain as part of the NASDAQ-listed entity will add transparency and compliance assurance to our investors as well as provide access to deploy value-added services to over 20 million electronic commerce clients that are currently part of Net Element’s growing network.”
Net Element clients are treated to customized solutions that provide the flexibility needed to keep up with customers. Among the services offered are mobile payment apps that accept payments anywhere, anytime; cloud-based solutions built to increase productivity and enhance revenue for clients and partners; marketing solutions that turn lookers into buyers; and business analytics that make it easy for clients to monitor business metrics, engage with customers and compare the competition. Its multi-channel platform combines e-commerce, offline, point-of-sale, comprehensive back office tools, mobile point-of-sale, credit scoring and customer interaction in one powerful platform-as-a-service technology.
Net Element owns and operates a global mobile payments and transactional processing provider, TOT Group, Inc., with the following subsidiaries:
- Unified Payments – An award-winning, customized mobile billing and payments solution, recognized by Inc. Magazine as the No. 1 Fastest Growing Company in America in 2012.
- Digital Provider – A leading provider of SMS messaging and mobile billing solutions.
- Aptito – A next-generation, all-in-one, cloud-based restaurant management and point-of-sale payments platform using wireless technology.
- Payonline – A fully integrated, processor agnostic electronic commerce platform.
Net Element is ranked No. 418 on Deloitte’s 2017 Technology Fast 500™ list of North America’s 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies. Net Element grew 190 percent. The company’s chief executive officer, Oleg Firer, credits the company’s progression to organic growth in its North America Transactions Segment, specifically the success of its Unified Payments brand, which focuses on value-added payment acceptance solutions for small to medium enterprises in the United States.
“The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment,” said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. “These companies are on the cutting edge, and are transforming the way we do business.”
Net Element’s suite of application performing interfaces (APIs) and connectors power commerce for businesses of all sizes through multi-channel platforms, all-in-one digital solutions, and end-to-end encryption of cardholder data utilizing tamper resistant hardware that ensures integrity and simplifies security.
Net Element’s corporate team is led by director and CEO Oleg Firer, who is responsible for the overall vision, strategy and execution of the company’s mission of powering global commerce. He is joined by CFO Jeffrey Ginsburg, CPA, and Steven Wolberg, who is the company’s chief legal officer and secretary. Each corporate officer brings a unique blend of leadership, vision, experience and creative energy to the company.
From mobile payments and value-added transactional innovations such as Digital Provider and Aptito to e-commerce and retail payment transaction processing brands like Payonline and United Payments, Net Element is transforming the online and mobile experience.
Net Element (NETE), closed the day's trading session at $5.06, off by 6.30%, on 26,929 volume with 144 trades. The average volume for the last 3 months is 65,211 and the stock's 52-week low/high is $3.75/$10.60.
- Net Element Inc. (NASDAQ: NETE) Subsidiary Aptito Announces Sales and Support Partnership with HP Inc.
- NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Collaborating with HP Inc. to Provide Cutting-Edge Solutions for SMB Market
- NetworkNewsBreaks – Net Element Inc.'s (NASDAQ: NETE) North American Transaction Solutions Segment Drives Noteworthy Revenue Growth
Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF)
Lifestyle-oriented cannabis company Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) was featured in a Bloomberg article earlier this week concerning the firm's partnership with Abercrombie & Fitch Co. (NYSE: ANF). To view the full article, visit http://nnw.fm/kRv5D.
Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) is a lifestyle-oriented cannabis and cannabidiol (“CBD”) consumer products company with a portfolio of lifestyle brands customized to connect specific, like-minded customers. Each Green Growth Brand provides the best quality products within a retail experience that appeals to users in an environment that is emotionally branded and easy to navigate.
In the next five years, the cannabis industry will generate more than $28 billion of new revenue from an estimated 14 million new customers, according to Ackrell Capital’s 2018 Cannabis Investment Report. Meanwhile, Hemp Business Journal projects that the CBD market will increase 8x to $3 billion by 2021, up from $200 million in 2017. Green Growth Brand intends to dominate in these markets with a lineup up products grown, manufactured and presented with the highest quality standards in mind.
Products under the Green Growth Brand umbrella include:
- CAMP: A kiosk-type store where consumers can experience beautifully crafted lifestyle products that enhance one’s journey to self-discovery.
- Seventh Sense: A CBD-infused body care collection crafted from the finest botanicals and fragrances on earth. Created to maximize the properties and aromatics of each ingredient, Seventh Sense natural products are CBD-infused botanical therapy.
- Meri+Jayne: Fiercely authentic and wholly unapologetic, Meri+Jayne is a youthful, full-on celebration of what makes each person unique. Expect the unexpected when it comes to this mix of amazing products.
- Green Lily: A place for women to explore a new world of wellness. With advice on every product, from efficacy to usage, Green Lily guides guests through beautiful new ways to experience cannabis and CBD.
- The +Source: Located in Las Vegas and Henderson, Nevada, The+Source dispensaries operated by Green Growth Brands serve both medical patients and retail customers. Green Growth Brands also operates a grow and production facility in Post, Nevada, and recently entered into definitive agreements to acquire a Pahrump, Nevada, cultivation facility.
- XanthicBiopharms is the owner of valuable intellectual property that turns THC(Tetrahydrocannabinol) and CBD into a water-soluble substance. As a result of combining Green Growth Brands and Xanthic, this technology is being used to create incredible new products.
Green Growth Brands has identified numeroushitches in the current cannabis retail space. The company intends to counter these challenges and provide a customer experience ripe with a friendly staff, in-stock assortments, efficient operations and more. The company’s retail partners provide distribution opportunities within 4,000 stores, as well as robust and established digital platforms to best reach the modern consumer.
Green Growth Brands brings together a collection of expert retailers, scientists, botanists, developers, artists and business leaders for the benefit of building community. Led by an executive management team steeped in decades of experience with several of America’s most successful brands, including Victoria’s Secret, American Eagle Outfitters, Bath & Body Works, Limited Brands and Designer Shoe Warehouse, Green Growth Brands is uniquely positioned to create memorable brands, retail experiences, and quality products for the emerging cannabis industry.
Chief Executive Officer Peter Horvath heads strategy and execution across all company channels, and previously took shoe retailer DSW public on the NYSE at $1.5 billion. As a dynamic, creative brand leader, team builder, and specialty retail veteran with deep roots in finance, Horvath’s unique ability to understand the big picture while never missing the subtle details is a critical factor in Green Growth Brands’ success and brand popularity among customers.
Chief Marketing Officer Scott Razek is a brand strategist, storyteller and strategic marketer. Razek‘s 25 years of experience in brand building, product development and customer experience focus are a key differentiator for the Green Growth Brands portfolio.
CAO Ed Kistner brings 33 years of multifaceted experience at leading retail businesses, notably in finance, merchandise planning, operations and stores. His well-rounded experiences in fast-changing environments position Kistner to be the architect of the operational execution at Green Growth Brands.
CSO Kellie Wurtzman brings significant retail leadership to Green Growth Brands with a proven track record of leading high-performance stores and teams across multiple retail sectors. Her unmatched experience in identifying and supporting developing business opportunities is ideal for evolving the cannabis industry and will be instrumental in expanding operations at Green Growth Brands.
Headquartered in Columbus, Ohio, Green Growth Brands is traded on the Canadian Securities Exchange and on the OTCQB, providing investors with increased access to data, transparency and liquidity.
Green Growth Brands Inc. (OTCQB: GGBXF), closed the day's trading session at $3.881, off by 1.99%, on 316,528 volume with 718 trades. The average volume for the last 3 months is 246,662 and the stock's 52-week low/high is $1.8068/$5.205.
- NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) to Sell Hemp CBD Products in Select Abercrombie & Fitch Locations
- Green Growth Brands Stock Gains Momentum, Up 30% in 2 Weeks
- NetworkNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Announces Expiration of Former Offer for Aphria Inc. (TSX: APHA) (NYSE: APHA)
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX)
Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced that its QuadSight vision system was recognized at the prestigious 2019 Edison Awards, being named the 'Gold Winner' of the 'Transportation & Logistics, Autonomous Vehicles' category. To view the full press release, visit http://nnw.fm/gk45R.
Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), founded in 2015 and headquartered in Israel, is a technological innovator in automotive vision systems and driver assistance technology. Through its wholly owned subsidiary, Foresight Automotive Ltd., Foresight is engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company’s powerful and patented stereoscopic technology is derived from field-proven technology that has been deployed throughout the world for almost two decades.
Foresight’s innovative autonomous driving solutions are based on mature, proprietary stereoscopic image technology that uses two synchronized cameras to mimic human depth perception and produce a three-dimensional image. This 3D image can anticipate possible collisions with other vehicles, cyclists, pedestrians and other obstacles. The technology provides highly accurate real-time alerts about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts.
The company’s patents provide IP protection for its robust and proven proprietary stereoscopic technology, which was developed using the security technology of Foresight’s major shareholder, Magna B.S.P.
Foresight has developed three main products:
- QuadSight™. This breakthrough detection system sets the bar for autonomous vehicle vision. It features nearly 100 percent obstacle detection with almost zero false alerts and operates optimally under all weather and lighting conditions, including darkness, rain, fog, haze and glare. QuadSight™ is the first quad-camera multi-spectral vision solution of its kind, driven by advanced and proven image processing algorithms. The system consists of two sets of stereoscopic infra-red and visible-light cameras that enable highly accurate and reliable obstacle detection for seamless 24/7 vision.
- Eyes-On™. This solution uses advanced algorithms for accurate depth analysis and obstacle detection to provide a unique stereo vision Advanced Driver Assistance System (ADAS). It can detect all potential obstacles regardless of shape, form or material, including other vehicles, cyclists, pedestrians and animals. It has an accuracy and reliability of almost 100 percent and near zero false alerts.
- Eye-Net™. This is a cellular-based accident prevention solution that is designed to provide real-time pre-collision alerts to vehicles and pedestrians. This proprietary system is deployed on smartphones and cloud-based servers operating on existing cellular networks, and it eliminates the need for additional designated hardware. Eye-Net™ is designed to provide a complementary layer of protection to advanced driver assistance systems and extends this protection to road users who are not in direct line of sight. It is optimally designed for both urban environments and high-speed scenarios to provide protection for the most vulnerable road users. On March 28, 2018, Foresight announced that it had completed a successful feasibility study of its Eye-Net™ accident prevention solution involving 120 users of Android and iOS cell phones located across Israel.
In 2017, Foresight sought more opportunities within the international market. The Company signed pilot agreements with three leading car manufacturers in China and completed pilot projects meeting all pre-defined requirements and criteria. In addition, FRSX completed a pilot project with Uniti Sweden.
Studies by the Insurance Institute for Highway Safety continue to emphasize the dramatic reduction in accidents and injury-related crashes reported when vehicles are equipped with collision avoidance systems. A recent study by the Institute states that the rate of single-vehicle, sideswipe and head-on crashes was 11 percent lower in vehicles with the warning systems. More importantly, the study shows collision avoidance technology cut the rates of injury crashes of the same type by 21 percent.
Foresight Autonomous Holdings, Inc. also holds a 32 percent interest in RailVision, a company that develops advanced systems for railway safety and maintenance. RailVision has successfully completed 13 tests in Israel, Germany, Italy and Switzerland in addition to a real-time system test with a European railway operator. Over the course of 2017, RailVision successfully completed rounds of financing totaling $5.8 million and started the process of licensing the system according to European standards.
Haim Siboni is the founder of Foresight and has served as the company’s chief executive officer and director since 2015. Siboni, a passionate entrepreneur, has an extensive background in the marketing and business management sectors in the fields of electronics, video, TV, multimedia, computerized systems, line and wireless telecommunication, design and development of systems and devices, including electro-optic radar systems. He is the founder and CEO of Magna B.S.P., Foresight’s major shareholder and a leading innovator in the field of homeland security surveillance solutions.
Foresight Autonomous Holdings Ltd. (FRSX), closed the day's trading session at $1.2007, off by 1.59%, on 7,931 volume with 18 trades. The average volume for the last 3 months is 45,547 and the stock's 52-week low/high is $1.179/$4.429.
- NetworkNewsBreaks – Foresight Autonomous Holdings Ltd.'s (NASDAQ: FRSX) (TASE: FRSX) QuadSight Named 'Gold Winner' at 2019 Edison Awards
- Foresight Receives Notice of Allowance for First Patent Application from U.S. Patent and Trademark Office
- NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Releases Financial Results for Q4 and Full Year 2018
Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) was featured today in the 420 with CNW by CannabisNewsWire. Two bills dealing with access to medical marijuana by veterans are slated to be voted on by a congressional committee today (Wednesday, May 8). This vote comes barely a week after the Veterans' Affairs Subcommittee of Health conducted a hearing on the bills. One of the bills up for a vote has to do with allowing VA doctors to prescribe medical marijuana. This bill also seeks to codify into law an existing policy which protects the VA benefits of veterans who use medical cannabis in accordance with state law.
Choom Holdings Inc. (OTC: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s "Choom Gang," a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with "choom," the local's term for marijuana. Choom's trademark slogans pivot off another unconventional phrase ("Say Hello to…"), bringing a heady dose of good times and good friends together as the company invites investors to "Say Hello to Choom™" as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company's first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom's initial license applications to ensure the company's readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company's character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1's revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic "Aloha" vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company's growth strategy. Get ready to "Say Hello" to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed the day's trading session at $0.3577, off by 5.87%, on 369,159 volume with 172 trades. The average volume for the last 3 months is 614,508 and the stock's 52-week low/high is $0.285/$1.129.
- 420 with CNW – Two Cannabis Bills to be Voted on by Congressional Committee this Week
- NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Impending Launch of Choom-Branded Store in Niagara Falls
- 420 with CNW – SOL Global Expands into Michigan Cannabis Industry with $150M Acquisition
Sugarmade, Inc. (SGMD)
Sugarmade Inc. (OTCQB: SGMD), focused on hydroponic and hemp growing supplies, plans to significantly expand its supplies of hemp-cultivation products, specifically to farmers in Kentucky who are hard-pressed to meet booming demand. Jimmy Chan, CEO of SGMD, noted in a news release his belief that hundreds of millions of hemp clones will be needed in that state to keep pace (http://nnw.fm/9CdgW).
Sugarmade, Inc. (SGMD), one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.
Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.
Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.
Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.
Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.
Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.
Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.
CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.
Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.
Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base. 6
Sugarmade, Inc. (SGMD), closed the day's trading session at $0.038, off by 7.77%, on 712,314 volume with 53 trades. The average volume for the last 3 months is 1,058,711 and the stock's 52-week low/high is $0.035/$0.1975.
- Sugarmade Inc. (SGMD) Shipping Micropropagation Supplies for the Plant Clones Needed to Meet Demand from Kentucky Hemp Farmers
- 420 with CNW – Moosehead Teams up With Sproutly Canada to Produce Cannabis Beverages
- Sugarmade Inc. (SGMD) Among Hemp-Related Businesses Likely to Benefit if Congress Approves Cannabis Banking Legislation
Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE)
Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) is a Canada-based exploration company focused on the acquisition and development of production-grade cobalt deposits, a key raw material input for the growing lithium-ion battery industry.
Pacific Rim Cobalt and its Cyclops Nickel-Cobalt Project, located in the Depapre District, Jayapura Regency, Papua Province, Republic of Indonesia, is uniquely positioned in a region with potentially the largest source of cobalt outside of Africa. Strategically located near China, the world’s largest cobalt buyer, the Cyclops Project is a laterite (iron-hosted) mineral prospect, rich in cobalt and nickel. Cobalt consumption in China is on-track to use over 8,000 tonnes of cobalt annually by 2021 for electric vehicle production alone and is projected to remain the world’s largest cobalt consumer for many years to come.
Global demand for renewable power is fueling a massive shift from traditional energy supply chain economics to cobalt-reliant lithium-ion batteries, the world’s most widely used power source for portable applications such as electric vehicles and other high-tech applications.
Pacific Rim Cobalt management has concluded that strategic access to major markets offers the most important factor to servicing the rising demand for cobalt. The company’s acquisition of its initial asset in Indonesia offers near surface, strong nickel-cobalt mineralization in an area with excellent infrastructure including a nearby workforce, supplies, sealed roads, ocean access, nearby port facility and gentle topography. The project area, nestled on the north coast of Papua, Indonesia, establishes Pacific Rim Cobalt well within the economically attractive ocean-going transportation range to Asia and its lucrative, growing industrial markets.
Exploration efforts are currently focused on establishing a maiden compliant resource for the Cyclops project, both in historically identified and drill-tested prospects as well as previously unexplored areas of the claims. During the first nine months of 2018, the company focused on assembling the necessary agreements to access northern areas of the project hosting historically identified mineralized zones. Mapping, sampling and a mini-bulk sample within the mineralized zones has been completed, along with a small-scale program in the previously unexplored far southern area of the project. With surface access to priority targets now established, Pacific Rim Cobalt will initiate drilling and extract additional mini-bulk samples for further metallurgical testing.
“We are excited and optimistic about the unique possibility of developing this project into an asset that will add shareholder value and position the company to play a future role in the battery metals supply chain,” Pacific Rim Cobalt CEO Ranjeet Sundher recently stated (http://nnw.fm/u1HNs). “We expect the near-surface nature of cobalt/nickel mineralization at the Cyclops project will lend itself well to low-cost, logistically straightforward drilling. We thus anticipate the opportunity to undertake a resource calculation study, as well as ongoing metallurgy and process option testing, will present itself in the near future. It’s going to be a busy year ahead, and we look forward to getting the drills turning and building value.”
Pacific Rim Cobalt’s world-class management team includes Sundher, who has over 20 years of capital markets experience. Sundher is also president of Canrim Ventures Ltd., a Singaporean advisory firm specializing in early stage project finance and structure. He previously founded Indogold Exploration, a Jakarta-based mining service firm, and has raised over $40 million for companies in which he was a founder/partner.
Chief Financial Officer Steve Vanry has 25 years of professional experience in senior management positions with public and private natural resources companies, providing expertise in capital markets corporate finance, mergers and acquisitions, regulatory compliance, accounting and financial reporting.
Andre Talaska serves as country manager and technical supervisor. He has over 30 years of experience in the mining and exploration industry and has held senior positions with several companies in Australia and southeast Asia. Shakir Juffry, business development/engineering, is a chemical engineer and extractive metallurgist by background training who has over 20 years of experience in the Indonesian mining and minerals exploration field. Toto Suarto Sajali, operation and development manager, is a mining engineer with over 15 years of experience in Indonesian project assessment, development and operations.
Pacific Rim Cobalt Corp. (OTCQB: PCRCF), closed the day's trading session at $0.15, up 6.19%, on 15,275 volume with 7 trades. The average volume for the last 3 months is 29,718 and the stock's 52-week low/high is $0.0701/$0.378.
- NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Reports Results from Drilling Program at Cyclops Project
- Pacific Rim Cobalt Provides Business Update
- NetworkNewsAudio Announces Audio Press Release (APR) on Pacific Rim Cobalt Corporation Tapping Into Supply and Demand to Ensure Accessible Market
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