The QualityStocks Daily Stock List
- Planet 13 Holdings, Inc. (PLNHF)
- Flux Power Holdings, Inc. (FLUX)
- Kraig Biocraft Laboratories, Inc. (KBLB)
- Magellan Gold Corporation (MAGE)
- NaturalShrimp Incorporated (SHMP)
- TILT Holdings, Inc. (SVVTF)
- Valens GroWorks Corp. (VGWCF)
- Assure Holdings Corp. (ARHH)
- Know Labs, Inc. (KNWN)
- Exactus, Inc. (EXDI)
- Westleaf, Inc. (WSLFF)
- BioCorRx, Inc. (BICX)
- CCUR Holdings, Inc. (CCUR)
- Western Uranium & Vanadium Corp. (WSTRF)
Planet 13 Holdings, Inc. (PLNHF)
Small Cap Power, Street Register, Pot Network, Stockhouse, Smarter Analyst, Micro Small Cap, Pot Stock News, Wallet Investor, Midas Letter, Insider Financial, and Trading View reported earlier on Planet 13 Holdings, Inc. (PLNHF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Planet 13 Holdings, Inc. cultivates, produces, and distributes medical and recreational cannabis in the State of Nevada. The Company is a leading vertically-integrated Nevada cannabis company. It has award-winning cultivation, production and dispensary operations in Las Vegas. Planet 13 Holdings' shares trade on the OTC Markets Group's OTCQB. The Company is based in Las Vegas.
Planet 13's corporate mission is to build a recognizable international brand known for world-class dispensary operations and a creator of ground-breaking cannabis products. Its dedication is to providing a variety of global award-winning cannabis products available via its strategically located licensed operations. The Company's emphasis is on providing a first-rate dispensary experience and optimizing cultivation efficiencies through its best-in-class technology, as the frontline of cannabis.
On November 1, 2018, Planet 13 Holdings opened the largest, most advanced retail dispensary in the world immediately neighbouring the Las Vegas strip. The Company is fully licensed for cultivation, retail distribution and more in the fast-growing Nevada market. Its brands include Planet 13 Las Vegas, Medizin, Trendi, and Leaf & Vine.
Planet 13 Las Vegas is the Largest Cannabis Superstore and Entertainment Complex. Medizin provides a quality assortment of award-winning products. All Medizin plant genetics are hand-selected. Careful attention is continually payed to the cultivation process to ensure that all Medizin products are best in class.
TRENDI specializes in expertly crafted cannabis products that create the trend. Leaf & Vine brings sophisticated cannabis concentrates and enjoyable flavors to consumers. Leaf & Vine disposable vapes are created with handpicked strains and high-quality vaporizing technology.
This week, Planet 13 Holdings announced that it served 1,962 customers per day in April at an average ticket of $89.62. Mr. Larry Scheffler, Co-Chief Executive Officer of Planet 13, said, "April Superstore results were inline with very strong March results and are meeting or exceeding the 2,000 customers per day at $75 average ticket we guided to when opening the SuperStore. We had 1,962 paying customers per day and an average ticket of just under $90 US. With only 35 percent of our total square footage built-out, we are just starting to show the potential of this location and the Planet 13 brand."
Mr. Scheffler will present at Canaccord Genuity's 3rd Annual Cannabis Conference on Tuesday, May 14, 2019, held at the Grand Hyatt New York in New York, New York. Mr. Scheffler is scheduled to present at 12:20 p.m. ET. The Planet 13 presentation will be available via webcast at https://bit.ly/2VNb0pA.
Planet 13 Holdings, Inc. (PLNHF), closed Friday's trading session at $2.06, down 1.90%, on 244,739 volume with 470 trades. The average volume for the last 3 months is 275,455 and the stock's 52-week low/high is $0.50/$2.70.
Flux Power Holdings, Inc. (FLUX)
NetworkNewsWire, Alt Energy Stocks, Zacks, Whale Wisdom, StreetWise Reports, Research Pool, Proactive Investors, Equity Clock, Marketbeat, Market Exclusive, Market Screener, MarketWatch, Barchart, OTC Markets, InvestorsHub, YCharts, Wallet Investor, and Stockhouse reported earlier on Flux Power Holdings, Inc. (FLUX), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
Flux Power Holdings, Inc. (FLUX), by way of its subsidiary Flux Power, Inc., designs, develops, and sells rechargeable lithium-ion energy storage systems for industrial applications in the U.S. The Company's emphasis is Advanced Lithium-ion Battery Technology. Flux was established in 2009 and first focused on electric automobiles. It turned to industrial equipment in 2013. OTCQB-listed, Flux Power Holdings is headquartered in Vista, California.
The Company is the only lithium provider with a UL Listing for multiple OEM equipment manufacturers. Flux's products include its Class 3 Walkie LiFT Pack, which was introduced in 2014. It is the only pack tested & approved by major OEM's: Toyota, Raymond, and Crown Equipment. It attained UL approval in 2016 and is the only UL Listed pack in the forklift industry for multiple forklift brands.
Flux Power Holdings' products include battery cell management system (BMS) that provides cell balancing, monitoring, and error reporting functions for battery systems. Its products also include energy storage modules for industrial equipment, electrical vehicles, and governmental applications.
Additionally, Flux offers 24-volt onboard chargers and smart wall mounted chargers to interface with its BMS; and integrates lithium packs in different applications. This includes forklifts and related industrial equipment. Furthermore, the Company develops a set of complementary technologies and products for its BMS products. Moreover, its products are used in airport ground support equipment.
Recently, Flux Power Holdings announced that it was chosen by a major international forklift manufacturer to supply lithium-ion batteries for the forklift manufacturer's walkie pallet jack forklift line, pursuant to a private label OEM relationship. Flux is providing a custom-designed lithium-ion energy storage solution for the forklift manufacturer's walkie pallet jack lift trucks. The Flux solution includes a UL Listed lithium-ion battery pack, an onboard charger and a fully integrated battery management system to extend battery life by preventing operation outside of warrantied conditions.
Flux's Q3 2019 Revenue increased 6 percent to $1.8M in comparison to the prior year, driven mainly by sales of LiFT Pack batteries for Class 3 "walkie" pallet jack forklifts and also Class 3 end riders, Class 1 counterbalance trucks, and Class 2 narrow aisle lift trucks. FY 2019 First Nine Months Revenue increased 109 percent to $6.3M, versus $3.0M in the prior year period and Revenue of $4.1M for all of fiscal 2018.
Flux Power Holdings, Inc. (FLUX), closed Friday's trading session at $1.15, down 8.00%, on 7,746 volume with 13 trades. The average volume for the last 3 months is 4,050 and the stock's 52-week low/high is $0.49/$3.35.
Kraig Biocraft Laboratories, Inc. (KBLB)
Investor Village, StockPulse, Super Stock Screener, TipRanks, Discovery Stocks, Emerging Growth, Wallet Investor, Infront Analytics, InvestorsHub, Insider Financial, Simply Wall St, Trading View, and Stockhouse reported earlier on Kraig Biocraft Laboratories, Inc. (KBLB), and we also report on the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Kraig Biocraft Laboratories, Inc. is the foremost developer of genetically engineered spider silk based fibers. It has achieved a series of scientific breakthroughs in the area of spider silk technology with implications for the worldwide textile industry. The Company's genetic engineering research has succeeded in developing what many consider to be the holy grail of material science – a practical and cost-effective technology for producing recombinant spider silk based fibers on an industrial scale. Kraig Biocraft Laboratories is headquartered in Ann Arbor, Michigan.
Spider Silk is among the strongest fibers produced in nature. Some spider species can produce up to seven different kinds of silk depending upon the spider's particular need at that time. Spider silk holds the potential of a lifesaving ballistic resistant material - lighter, thinner, flexible and hardier than steel material.
At its inception, Kraig Biocraft Laboratories obtained proprietary genetic engineering technology to unlock the mystery of producing spider silk. In early 2006, it obtained certain exclusive rights from the University of Wyoming to utilize the spider silk gene sequences in the Company's field of use. At present, it is ramping up production of its Monster Silk™ and Dragon Silk™ for commercialization. In addition, it is continuing to develop new and recombinant spider silk fibers.
Last month, Polartec and Kraig Biocraft Laboratories announced plans to bring to market the first fabrics made from spider silk. First developed for specialized military applications, these first-of-their-kind materials made from recombinant spider silk will ultimately service the international market for high performance textiles and apparel. Polartec is the premium provider of unique and sustainable textile solutions.
Kim Thompson, Kraig Biocraft Laboratories' Founder and Chief Executive Officer, said, "Teaming with an industry leader such as Polartec is a real endorsement of our proprietary approach to unlocking the potential of commercially produced spider silk. Kraig believes that spider silk, with its superior mechanical characteristics, has the potential to surpass the current generation of high performance fibers."
Kraig Biocraft Laboratories, Inc. (KBLB), closed Friday's trading session at $0.345, up 11.79%, on 9,137,537 volume with 1,216 trades. The average volume for the last 3 months is 2,458,938 and the stock's 52-week low/high is $0.035/$0.35.
Magellan Gold Corporation (MAGE)
Mining Stock Valuator, Mining Clips, Mining Capital, Marketbeat, The OTC Reporter, Market Screener, Street Insider, Equities, Investors Hangout, Stockwatch, Proactive Investors, YCharts, Wallet Investor, InvestorsHub, and Stockhouse reported previously on Magellan Gold Corporation (MAGE), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Magellan Gold Corporation (MAGE) intends to establish itself as a major player in the precious metals mining field. The Company is an exploration stage enterprise and its main business is the acquisition, exploration, and if warranted, development of mineral resources. Magellan controls three projects comprising the SDA Mill, Mexico; the El Dorado Gold-Silver Project near the SDA Mill; and the Silver District Property, Arizona. OTCQB-listed, Magellan Gold is based in Albuquerque, New Mexico.
Company Management intends to build up production through the SDA Mill and increase cash flow. Initial production from the El Dorado Gold-Silver Project is planned for this year, with the ore to be trucked to the SDA Mill for treatment. Other precious metals properties within trucking distance of the SDA Mill have been identified for acquisition. In addition, Magellan will will take advantage of opportunities to treat ore on a toll basis for third-party suppliers.
The SDA Processing Plant is a permitted, fully operational flotation mill with gold-silver leach circuit located in Nayarit State, Mexico. The SDA Processing Plant (SDA Mill) is 150 kilometers southeast of the City of Mazatlan near the town of Acaponeta, Nayarit. Magellan Gold purchased the SDA Mill and associated assets, licenses and agreements in November of 2017 for a price of $1.5 million.
The El Dorado Gold-Silver Project is planned to be developed as an underground mine to supply feed to the SDA Mill. The El Dorado Gold-Silver Project is near the village of Las Minitas, State of Nayarit, 50 kilometers south of the SDA Processing Plant. The project has premier road and rail infrastructure. The El Dorado Mining Concession comprises a 50-hectare concession valid until March 2030. Magellan Gold holds the concession under an option to purchase.
The Silver District Project is an advanced-stage exploration project positioned in southwest Arizona. The Company's Silver District Project in La Paz County holds promising potential for expansion of a historic 16 million ounce silver resource, and development of a silver mine with by-products fluorspar, barite and lead-zinc.
The property comprises greater than 2,000 acres of patented and unpatented mining claims and an Arizona state exploration permit. It encompasses all of the important historic mines and prospects in the Silver District.
Recently, Magellan Gold announced that it engaged the services of senior mining consultant Mr. David E. Drips to provide guidance in the evaluation, design and development of Magellan's El Dorado Gold-Silver mining project. Magellan has continued to advance El Dorado, which lies 50 kilometers south of the Company's SDA Mill. Magellan Gold plans to process the ore at the SDA Mill upon the new mine being developed.
Pierce Carson, Magellan Gold's Chief Executive Officer, said in April, "We have placed a high priority on achieving production at El Dorado. In addition to progress on permitting, we also have initiated work on mine design, project economics and formulation of a development schedule and budget. The drilled resource has an attractive grade approximating 7.0 grams gold per tonne and appears to be sufficient to support an underground mining operation for several years at a mining rate of 100 tons per day. At current metal prices, revenues are anticipated to be on the order of $7.0 million annually."
Magellan Gold Corporation (MAGE), closed Friday's trading session at $2.05, up 20.59%, on 250 volume with 1 trade. The average volume for the last 3 months is 2,023 and the stock's 52-week low/high is $0.775/$3.80.
NaturalShrimp Incorporated (SHMP)
The Wall Street Analyzer, Wallet Investor, Micro Cap Daily, Simply Wall St, InvestorsHub, Live Trading News, PR Newswire, Clay Trader, Transparent Traders, Stockhouse, Wallmine, Investors Hangout, Market Exclusive, Uptick Newswire, Market Screener, and Trading View reported previously on NaturalShrimp Incorporated (SHMP), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
OTCQB-listed, NaturalShrimp Incorporated produces naturally-grown shrimp in the U.S. and worldwide. The Company has developed patented proprietary technology to produce fresh, gourmet-grade shrimp without the use of antibiotics, probiotics or toxic chemicals. Its systems are self-contained, saltwater production facilities. These facilities will produce Pacific White Shrimp anywhere in the world. NaturalShrimp is based in Addison, Texas.
The Company's production facility is outside of San Antonio, Texas. Its European partner has built a production facility in Medina del Campo, Spain. Expansion plans include domestic and global production facilities and distribution channels. The Company's state-of-the-art production facilities will use a shrimp grow-out process projected to produce 6,000 pounds of fresh shrimp weekly upon reaching full production.
The design of the NaturalShrimp Production System will be to produce shrimp at a harvest size of eighteen to twenty-two, head-on shrimp per pound in a period of 24 weeks or less. Furthermore, NaturalShrimp has developed production methods which minimize the transferring of shrimp from tank to tank. As a result, this decreases mortality rates and labor costs. The environmentally-controlled building and automated tank systems will allow for fresh, naturally grown, year-round shrimp production.
NaturalShrimp's patented Vibrio Suppression Technology effectively eliminates water-borne bacteria and other harmful organisms. In addition, it keeps ammonia at safe concentration levels. Closed-System Shrimp Farming is inherently superior because it is sustainable, ecologically friendly, and also cost-effective. The potential to commercially scale this solution represents a significant competitive advantage for the Company.
Recently, NaturalShrimp announced that its order for two additional EC shrimp water treatment systems arrived at their Lacoste, Texas, facility, near San Antonio. This new equipment will speed up full production at the Texas facility. The new systems will enable the Company to add additional harvests to its current capability. By the end of April, NaturalShrimp was scheduled to have stocked two new production tanks of shrimp in its system. More shrimp stocks are projected to be added each month.
NaturalShrimp announced in April that Mr. Douwe Iedema of Livingston, Texas, was named the Company's Corporate Chef as a vital part of its expanding marketing program. Mr. Iedema is an experienced Executive Chef. He has greater than two decades of demonstrated success planning and directing the operations of large restaurants and events, driving top class performance metrics and revenue growth, while enhancing productivity and profitability.
NaturalShrimp Incorporated (SHMP), closed Friday's trading session at $0.199, up 1.02%, on 1,027,025 volume with 191 trades. The average volume for the last 3 months is 9,375,636 and the stock's 52-week low/high is $0.005/$0.949.
TILT Holdings, Inc. (SVVTF)
Stock Target Advisor, Street Register, Stock Gumshoe, Micro Small Cap, Midas Letter, Trading View, Pot Stock News, Dividend Investor, Proactive Investors, Stockhouse, New Cannabis Ventures, Business Wire, Stockwatch, InvestorsHub, Investing News, Insider Financial, Street Insider, and NIC Investors reported previously on TILT Holdings, Inc. (SVVTF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
TILT Holdings, Inc. is a foremost business to business (B2B) company in the cannabis industry. Most of the Company's products are customized to client specifications and branding, all enabling them to operate their businesses more efficiently and connect with their customers more effectively. TILT concentrates on the production and delivering genetically researched cannabis products via the wholesale market in partnership with retail operators; and the provision of software and services that help retail partners in connecting with retail customers with knowledge based promotional activities. OTCQB-listed, TILT Holdings has its corporate office in Vancouver, British Columbia.
TILT's vision is to provide value to all cannabis retailers by way of software, infrastructure, access to capital, and more. The Company offers wide-ranging operations and software solutions at each point in the supply chain. This is from vertically integrated operations to pioneering genetics and business technology solutions. TILT serves greater than 1,000 dispensaries throughout the United States and Canada.
TILT Holdings recently announced that Jupiter Research, LLC has further expanded distribution of its proprietary, high-performance technologies in California via its integration with TILT's software and supply chain services. The expansion allows Jupiter Research to establish a physical presence with increased geographic reach throughout California, enabling TILT to develop stronger customer relationships and deliver Jupiter products to B2B customers faster. Jupiter Research is a leader in inhalation and vaporization technology and is a wholly-owned subsidiary of TILT Holdings.
Earlier this week, TILT Holdings announced that Mr. Joel Milton, Senior Vice President of Business Development will present and participate in investor meetings with additional members of the senior management team at the 2019 Canaccord Cannabis Conference, to be held May 14, 2019 in New York, New York. A formal presentation is scheduled at 12:40pm ET on Tuesday, May 14, 2019. The Canaccord Cannabis Conference will feature company presentations and one-on-one meetings with senior management teams representing every aspect of the worldwide cannabis industry.
Today, TILT Holdings announced the appointment of Mr. Mark Scatterday to the position of interim Chief Executive Officer (CEO) of TILT, effective immediately. TILT'S Board of Directors has formed a committee that is in the process of retaining an executive search firm for the purpose of identifying a long-term CEO candidate to lead TILT through its next growth phase.
Mr. Alex Coleman, the Company's former CEO, has stepped down. He will remain as Chairman of the Board. He will continue to concentrate on corporate development and strategy including possibly a separate public listing in the U.S. for qualifying assets, partnership or joint ventures (JVs).
TILT Holdings, Inc. (SVVTF), closed Friday's trading session at $1.60, up 22.40%, on 1,302,353 volume with 1,460 trades. The average volume for the last 3 months is 404,332 and the stock's 52-week low/high is $0.283/$3.00.
Valens GroWorks Corp. (VGWCF)
Micro Small Cap, Micro Cap Daily, Investing News, Stockwatch, Profit Confidential, Nic Investors, Midas Letter, Insider Financial, MarketWatch, InvestorsHub, New Cannabis Ventures, Proactive Investors, and Stockhouse reported earlier on Valens GroWorks Corp. (VGWCF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Valens GroWorks Corp. is a multi-licensed, vertically integrated provider of cannabis products and services. The OTCQB-listed Company focuses on varied proprietary extraction methodologies, distillation, cannabinoid isolation and purification, and associated quality testing. It cultivates and creates premier cannabis extracts in the Okanagan Valley of British Columbia (BC). Valens GroWorks has its corporate office in Kelowna, BC.
The Company ensures that it is in full control at every step of the process. It transforms cannabis plants into supreme oils for local and worldwide markets. Valens industry leading extraction techniques are used to create oils for an array of cannabis producers and a versatile range of cannabis products. Valens is the first company in Canada to be ISO 17025 accredited for cannabis testing. This is the international gold standard.
Valens GroWorks is Health Canada licensed extracting for cannabis oils, edibles, topicals and more. The Company's Extraction Services include Crude Oil, Refined Oil, as well as white labelling. Valens' cutting-edge research and analysis facility is called the "Centre of Excellence in Plant-Based Science" by Thermo Fisher.
Last month, Valens GroWorks announced that it entered into an arm's length binding multi-year extraction services agreement to provide cannabis and hemp extraction services to HEXO Corp. HEXO is a top cannabis producer and consumer packaged goods (CPG) cannabis company.
This Agreement has an initial 2-year term from the date of the first shipment. HEXO will supply Valens GroWorks with an annual minimum of 30,000kg in the first year and 50,000kg in the second year of cannabis and hemp biomass. Valens will process this material on a fee for service basis into premium quality resins and distillates using its leading proprietary extraction processing methods.
Additionally, last month, Valens GroWorks announced it is the first third party cannabis extraction company in Canada to receive organic certification for cannabis oil production from Pro-Cert Organic Systems Ltd. for its proprietary CO2 and ethanol extraction processing methods in accordance with the Canadian Organic Standards. This certification gives Valens GroWorks the ability to produce certified organic cannabis oil from hemp and cannabis biomass that is organically cultivated and certified.
Valens GroWorks Corp. (VGWCF), closed Friday's trading session at $3.154, up 5.13%, on 586,453 volume with 842 trades. The average volume for the last 3 months is 360,483 and the stock's 52-week low/high is $0.794/$3.66.
Assure Holdings Corp. (ARHH)
NetworkNewsWire, StreetWise Reports, Investorx, Stockhouse, GuruFocus, Dividend Investor, GlobeNewswire, OTC Markets, Financial Content, MarketWatch, Barchart, Wallet Investor, Market Screener, Tmxmoney, Wallmine, Accesswire, Simply Wall St, and The Street reported earlier on Assure Holdings Corp. (ARHH), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Assure Holdings Corp. is a provider of intraoperative neuromonitoring services. The Company works with neurosurgeons and orthopedic spine surgeons to provide a turnkey set of services. These services support intraoperative neuromonitoring activities during invasive surgeries. Assure Holdings lists on the OTC Markets Groups OTCQB. The Company is headquartered in Denver, Colorado.
Assure Holdings employs its own staff of technologists. In addition, it uses its own state-of-the-art monitoring equipment, handles 100 percent of intraoperative neuromonitoring scheduling and setup, and bills for all technical services provided.
The Company focuses chiefly on supporting spinal and vascular surgeries. Plans are in place to support other classes of medicine, which rely on the standard of care that intraoperative neuromonitoring provides.
Assure employs specialized technologists to monitor a person's nervous system. It provides early warning signs of neurophysiologic changes. Procedures the Company's highly trained technologists are trained to monitor include aneurysms, brain tumors, cervical fusion, lumbar fusion, peripheral nerve exploration, and resection of spinal cord tumors.
Last month, Assure Holdings announced it has partnered with a four-surgeon group that operates in five facilities located in Lafayette, Louisiana. This group administers roughly 500 cases annually. This brings the total number of spine and neurosurgeons that Assure is now working with in Louisiana to fifteen. The expectation is that more will be added to the platform shortly.
Assure Holdings held a conference call today, Monday, April 15, 2019, at 4:30 p.m. Eastern Time. It discussed its financial results for Q4, and Full Year ended December 31, 2018. The Company reported its financial results in a press release before the conference call. Assure Holdings' Executive Chairman and Interim Chief Executive Officer, Mr. John Farlinger, CFO Mr. Trent Carman, and Founder Preston Parsons hosted the conference call, followed by a question and answer period. A replay of the conference call will be available after 7:30 p.m. Eastern Time on the same day through April 29, 2019.
Assure Holdings Corp. (ARHH), closed Friday's trading session at $1.15, up 6.48%, on 1,225 volume with 7 trades. The average volume for the last 3 months is 5,885 and the stock's 52-week low/high is $1.07/$2.65.
Know Labs, Inc. (KNWN)
NetworkNewsWire, Tip Ranks, Last10k, Stockopedia, Dividend Investor, Marketbeat, Zacks, Simply Wall St, InvestorsHub, Equities, Corporate Information, Wallet Investor, Barchart, MarketWatch, Seeking Alpha, The Street, Insider Tracking, Stockhouse, Business Wire, and GuruFocus reported previously on Know Labs, Inc. (KNWN), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Know Labs, Inc. is a provider of diagnostic solutions. The Company's technology directs structured light or radio waves through a substance or material to capture a unique molecular signature. Know Labs refers to these signatures as ChromaID™ and Bio-RFID™. The Company previously went by the name Visualant, Incorporated. It changed its name to Know Labs, Inc. in May of 2018. Know Labs has its corporate headquarters in Seattle, Washington.
ChromaID and Bio-RFID are used to identify, detect, or diagnose substance markers or biomarkers, which may be invisible to the human eye. ChromaID and Bio-RFID scanner modules can undergo integration into an array of wearable, mobile or bench-top form factors.
This patented and patent pending, award-winning technology makes it possible to effectively conduct analyses, which could only formerly be performed by invasive and/or large and expensive lab-based tests. ChromaID and Bio-RFID technologies use electromagnetic energy along the electromagnetic spectrum to perform analytics that enable the user to identify, authenticate, as well as diagnose materials and substances.
This past January, Know Labs released a white paper detailing the results of an experiment using the Company's Bio-RFID™ technology to detect differing blood-glucose levels in the human body. The experiment used a tissue phantom mimicking a blood/skin/muscle ratio of roughly 5 percent/10 percent/85 percent respectively to measure varying amounts of glucose in the blood. This experiment produced successful results with the sensor system showing strong signal response and linearity between the varying glucose levels.
In February, Know Labs released a video presentation of its Bio-RFID™ platform technology's successful identification of blood alcohol levels. In the video presentation, Chief Executive Officer, Mr. Phil Bosua discusses the Company's use of Bio-RFID to detect blood alcohol levels. He also discusses the wide-ranging implications for its technology platform.
The transcript of Mr. Bosua's presentation in the video states in part, "Over the last month we've been powering through a ton of experiments and innovations and are really happy to report we've now got an AI based algorithm that allows our technology to detect blood alcohol levels non-invasively. So it's official - Bio-RFID is now a platform technology. Not only can we detect the holy grail of biotech - blood glucose - but also - blood alcohol, and more to come in the future."
Know Labs, Inc. (KNWN), closed Friday's trading session at $1.5855, up 2.29%, on 15,410 volume with 13 trades. The average volume for the last 3 months is 39,993 and the stock's 52-week low/high is $0.2625/$5.75.
Exactus, Inc. (EXDI)
NetworkNewsWire, Penny Stock Tweets, Trading View, OTC Presswire, Zacks, Stockhouse, InvestorsHub, Barchart, Morningstar, The Street, Proactive Investors, Marketbeat, Investors Hangout, Stockopedia, Market Screener, YCharts, Wallet Investor, Stockwatch, MarketWatch, and 4-Traders reported on Exactus, Inc. (EXDI), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Exactus, Inc. is a healthcare company pursuing opportunities in Hemp derived Cannabidiol (CBD) products. In addition, the Company is developing point of care diagnostics. Exactus sells its CBD products direct to consumers by way of its Hemp Healthy® brand. It also sells white label products to third-party resellers. Exactus has its corporate office in Delray Beach, Florida.
Furthermore, Exactus engages in producing industrial hemp from farms in Oregon. Its plan is to extract and manufacture directly through cGMP facilities. Exactus One World is the name of the Exactus farming and production initiative.
With the acquisition of Hemp Healthy, Exactus' plan is to introduce and launch additional CBD products this year. The Company states that Hemp Healthy will continue to serve as an information resource and leader in the CBD market place through setting the industry standards on transparency and quality with every product. Moreover, the Hemp Healthy platform also offers a sales affiliate program for medical professionals and social influencers.
On January 8, 2019, Exactus entered into a Master Product Development and Supply Agreement with Ceed2Med. Ceed2Med utilizes cGMP facilities and with the Agreement, Exactus has been allotted a minimum of 50 and up to 300 kilograms per month, and up to 2,500 kilograms annually, of active phyto-cannabinoid (CBD) rich ingredients for resale. Exactus offers tinctures, edibles, capsules, and topical solution products manufactured for use by Ceed2Med. Ceed2Med is a worldwide sourcing and distribution platform for industrial hemp and industrial hemp-derived products.
Last month, Exactus announced it appointed Mr. Emiliano Aloi as President. Before his appointment to President, Mr. Aloi has served as a member of the Exactus Advisory Board. Prior to joining Exactus, he began working in the hemp industry in 2014 in Uruguay, where he achieved the first nation-wide agricultural permit for flower cultivation in 2016. In 2018, he co-founded Ceed2Med, LLC.
Exactus, Inc. (EXDI), closed Friday's trading session at $0.85, up 6.25%, on 1,055 volume with 2 trades. The average volume for the last 3 months is 11,283 and the stock's 52-week low/high is $0.048/$4.00.
Westleaf, Inc. (WSLFF)
Stock Target Advisor, Barchart, Investor Ideas, Insider Financial, Pinnacle Digest, Wallmine, Trading View, Stockwatch, MarketWatch, Stockhouse, YCharts, Midas Letter, InvestorsHub, Technical420, Business Insider, Morningstar, and Investors Hangout reported previously on Westleaf, Inc. (WSLFF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, Westleaf, Inc. engages in the cultivation, extraction, distribution, and sale of cannabis and cannabis related products. The Company is a vertically integrated cannabis business. It has assets owned and under development across cultivation, extraction, processing, manufacturing, and wholly-owned retail. Westleaf has its corporate headquarters in Calgary, Alberta.
The Company is developing a national presence of retail stores called Prairie Records. This is a brand that celebrates the instinctual tie between music and recreational cannabis. Prairie Records provides access to the country's best cannabis. It is a reinvention of the cannabis purchasing experience in a high design, sophisticated retail space, reflecting that of a contemporary record store.
Westleaf's brands also include Loon Cannabis and Westleaf Cannabis. Loon Cannabis is a health and wellness cannabis line. The design of it is to help customers live their optimal lives, so they can thrive and enjoy life with clarity and peace of mind. Loon Cannabis has an array of calming strains and unique products.
Westleaf Cannabis created a signature brand of medicinal cannabis products for customers looking to treat symptoms of illness and other conditions. The design of the products is to help customers lessen pain or to moderate side effects from ongoing health conditions.
Last month, Westleaf announced it has been included on the Horizons Marijuana Life Sciences ETF (HMMJ) (TSX: HMMJ). HMMJ is an index (or passively managed) ETF. It seeks to replicate, to the extent possible, the performance of the North American Marijuana Index, net of expenses. The design of the index is to provide exposure to the performance of a basket of North American publicly listed life sciences companies with significant business activities in the cannabis industry.
Last week, Westleaf announced it launched its e-commerce site for sales across the entire Province of Saskatchewan. The retail site, at www.prairierecords.ca, provides consumers in Saskatchewan convenient online access to a broad assortment of products via the inventive Prairie Records retail concept that combines music and cannabis in an engaging online experience.
Prairie Records concentrates exclusively on densely populated neighborhoods, high traffic areas, and tourist destinations. The basis of the retail concept is ingrained with a desire to create an innovative cannabis buying experience through tactile in-store features and product offerings celebrating the relationship between music and cannabis.
Westleaf, Inc. (WSLFF), closed Friday's trading session at $0.5462, up 7.69%, on 116,716 volume with 80 trades. The average volume for the last 3 months is 116,983 and the stock's 52-week low/high is $0.472/$5.00.
BioCorRx, Inc. (BICX)
NetworkNewsWire, Barchart, Zacks, Stockwatch, Proactive Investors, Wallet Investor, The Street, InvestorsHub, Stockhouse, Marketbeat, Stockopedia, Equity Clock, YCharts, and Uptick Newswire reported on BioCorRx, Inc. (BICX), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
OTCQB-listed, BioCorRx, Inc. is a leader, developer and provider of advanced solutions in the treatment of addiction and related disorders. The Company offers an inventive approach to the treatment of substance abuse addiction and related disorders. The BioCorRx® Recovery Program is its non-addictive, medication-assisted treatment (MAT) program. BioCorRx is headquartered in Anaheim, California. The Company's shares trade on the OTC Markets Group's OTCQB. The Company additionally conducts R&D under its controlled subsidiary, BioCorRx Pharmaceuticals.
A healthcare solutions enterprise, BioCorRx is at the vanguard of alcohol and opioid addiction treatment. Its dedication is on improving the quality of life for recovering addicts. Its recovery program is an outpatient medication-assisted treatment (MAT) program for alcohol and opioid drug addiction.
The BioCorRx® Recovery Program comprises two primary components. The first component consists of an outpatient implant procedure performed by a licensed physician. This implant delivers the non-addictive medicine, naltrexone, an opioid antagonist that can considerably lessen physical cravings for alcohol and opioids. Naltrexone can also prevent opioid overdose following relapse.
The second component of the program is a Cognitive Behavioral Therapy (CBT) program. It is tailored purposely for the treatment of alcoholism and other substance abuse addictions for those receiving long-term naltrexone treatment. The BioCorRx® Recovery Program is used by a network of independently owned and operated treatment centers situated across the U.S.
This month, BioCorRx announced it completed a private placement. The Company issued 400,000 common stock shares at a price of $15.00 per share, for total proceeds of $6 million. The $15.00 price paid by two investors, one of whom is Louis Lucido, a Director, represents a 282 percent premium to the market price of $3.93 per share, as of the market close on April 1, 2019.
A part of the capital will be used to fund the launch and expansion of BioCorRx's weight loss program in the coming months. In addition, funds will be used to further the Company's product development pipeline in the addiction treatment field.
Also, this month, BioCorRx announced that Mr. Joseph J. Galligan was appointed as Senior Advisor to the Company. Mr. Galligan, CFA, was formally an Executive Vice President and Portfolio Manager at DoubleLine Capital LP. Previously, he served as Senior Vice President of Apex Mortgage Capital, Inc. In addition, he was a Managing Director and Portfolio Manager at The TCW Group, Inc.
Brady Granier, Chief Executive Officer, President and Director of BioCorRx, stated, "Over the years, Joe has been a major supporter of the Company and we are delighted to have him join the team as a senior advisor. His broad capital markets experience and proven leadership will be invaluable as we prepare to list on NASDAQ and further execute on our growth strategy."
BioCorRx, Inc. (BICX), closed Friday's trading session at $5.94, up 18.80%, on 208 volume with 4 trades. The average volume for the last 3 months is 2,517 and the stock's 52-week low/high is $3.50/$10.00.
CCUR Holdings, Inc. (CCUR)
Stock Twits, Tip Ranks, Zacks, MarketWatch, Vintage Value Investing, Simply Wall St, Market Screener, The Street, Stockwatch, Last10k, Stocksholm, Seeking Alpha, Stockhouse, Insider Tracking, 4-Traders, YCharts, Value Walk, InvestorsHub, Equity Clock, and Pitch Book reported earlier on CCUR Holdings, Inc. (CCUR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
CCUR Holdings, Inc., previously known as Concurrent Computer Corporation, changed its corporate name in January of 2018 following the sale of its former Real-Time business to Battery Ventures in May of 2017 and Content Delivery & Storage business in December of 2017. CCUR Holdings is now pursuing business opportunities to maximize the value of its assets via evaluation of additional operating businesses or assets for acquisition, continued development of its present real estate operations via its subsidiary Recur Holdings LLC, and continued development of its MCA business operations via its subsidiary LMCS. OTCQB-listed, CCUR Holdings is headquartered in Duluth, Georgia.
The Company was founded in 1966. Its assets include its real estate operations (operated through subsidiary Recur Holdings), cash, securities held, receivables from the sale of its operating businesses held in escrow, taxes receivable, and tax assets attributable to its Net Operating Losses.
Recently, CCUR Holdings reported results for Q2 of Fiscal 2019 ended December 31, 2018. Revenue for the quarter more than doubled on a sequential basis to $370,000. The Revenue was generated in equal amounts of $185,000 from interest income on loans and merchant cash advance income. Other interest income and dividends earned from cash equivalents and investments for the period totaled $936,000.
Mr. Wayne Barr, President and Chief Executive Officer, said, "During the second quarter, we continued prudent revenue development through our Recur Holdings LLC subsidiary and participation interests in MCA syndications… Our Recur Holdings subsidiary… has made mortgage loans with an aggregate carrying value of approximately $6.3 million as of December 31, 2018 earning a weighted average annualized yield of 10.9 percent. The $5 million of MCA participation interests purchased in December is expected to generate an annual return that exceeds the mortgage lending returns..."
In addition, CCUR Holdings recently announced that via its newly formed subsidiary, LM Capital Solutions, LLC (LMCS), it closed on a Purchase Agreement to acquire the operating assets of LuxeMark Capital, LLC. LuxeMark operates by way of its syndication network to facilitate merchant cash advance (MCA) funding through connecting a network of MCA originators with syndicate participants who provide those originators with more capital by purchasing participation interests in funded MCAs. Furthermore, LuxeMark uses its expertise in the MCA industry to provide servicing and other administrative services to its syndicate network.
CCUR Holdings, Inc. (CCUR), closed Friday's trading session at $3.47, up 5.76%, on 30,917 volume with 65 trades. The average volume for the last 3 months is 4,856 and the stock's 52-week low/high is $3.00/$5.40.
Western Uranium & Vanadium Corp. (WSTRF)
Streetwise Reports, Proactive Investors, Zacks, YCharts, Barchart, Investor Intel, Stockwatch, Morningstar, Market Screener, Business Insider, The Street, Nasdaq, Dividend Investor, Trading View, Marketbeat, Junior Mining Network, GlobeNewswire, Stockhouse, Canadian Insider, Last10k, MarketWatch, Energy and Capital, and Vanadium Price reported on Western Uranium & Vanadium Corp. (WSTRF), and today we are reporting on the Company, here at the QualityStocks Daily Newsletter.
Western Uranium & Vanadium Corp. is a uranium and vanadium conventional mining company listed on the OTC Markets Group's OTCQX. The Company focuses on low cost near-term production of uranium and vanadium in the western U.S., as well as the development and application of ablation mining technology. Ablation Mining Technology (AMT) is a proprietary process that improves efficiency and decreases costs for sandstone hosted deposits. Western Uranium & Vanadium has offices in Toronto, Ontario and Nucla, Colorado.
In August 2014, the Company acquired uranium and vanadium mineral assets in western Colorado and eastern Utah from Energy Fuels, Inc. It acquired additional uranium properties and ablation technology via the acquisition of Black Range Minerals Limited in September of 2015.
Western Uranium & Vanadium is among the largest U.S. Uranium and Vanadium in-situ resource holders. It has a total uranium resource of 70,000,000 lbs. +/- and a total vanadium resource of 35,000,000 lbs. +/- grading between 1.4-2.2 percent.
The Company's near-term production strategy includes concentrating on previously producing mines for low CAPEX, existing infrastructure & permitting. Its strategy also includes defining and developing a high-grade vanadium resource at the Sunday Mine Complex (SMC). Furthermore, its strategy is to deliver SMC ore samples to numerous potential customers and joint venture (JV) partners, and baseload SMC production with a vanadium ore concentrate agreement.
Additionally, Western Uranium & Vanadium's strategy is to pursue vanadium development at the Sage Mine Project. Moreover, it will work to pursue uranium contracts and development at prices above current price levels.
This past January, Western Uranium & Vanadium announced it finished 8th on the 2019 OTCQX® Best 50. This is a ranking of top performing companies traded on the OTCQX Best Market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the prior calendar year. Companies in the 2019 OTCQX Best 50 were ranked based on their performance during calendar year 2018.
In March, Western Uranium & Vanadium provided a shareholder update concerning the Company's earlier announced plan to re-open the Sunday Mine Complex (SMC) for a vanadium project. Over the last several months, Western has advanced the re-opening of the SMC by preliminary mine planning and budgeting; evaluation of equipment and personnel requirements and availability; pursuing project funding options; and expanding vanadium marketing opportunities.
The SMC Vanadium Project will be started within weeks of satisfactory project funding. The main objectives to be completed during the following six to nine months are the identification of high-grade vanadium zones measured by X-Ray Fluorescence Technology and Sample Assay Analysis; long-hole drilling and bulk sampling from the extensive underground mine workings of the Sunday Mine Complex; and expanding resource estimates with a new defined high-grade vanadium resource. Additionally, main objectives to be completed include the delivery of samples to various vanadium processors and end-users for analysis; and the negotiation of vanadium term contracts to catalyze mine production.
Western Uranium & Vanadium Corp. (WSTRF), closed Friday's trading session at $0.8311, up 1.49%, on 8,735 volume with 9 trades. The average volume for the last 3 months is 61,152 and the stock's 52-week low/high is $0.704/$2.69.
The QualityStocks Company Corner
- The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)
- Cannabis Strategic Ventures, Inc. (NUGS)
- ChineseInvestors.com (CIIX)
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)
- Spectrum Global Solutions, Inc. (SGSI)
- VPR Brands, LP (VPRB)
- Geyser Brands Inc. (TSX.V: GYSR)
- Nightfood, Inc. (OTCQB: NGTF)
- Trxade Group Inc. (TRXD)
- Net Element, Inc. (NASDAQ: NETE)
- Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
- VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
- Sugarmade, Inc. (SGMD)
- Global Payout, Inc. (GOHE)
The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF)
The Flowr Corporation (TSX.V: FLWR; OTC: FLWPF) ("Flowr" or the "Company"), a Canadian Licensed Producer and global leader in premium cannabis R&D, innovation, and cultivation, is pleased to announce that, further to its news release dated April 29, 2019, it has completed a non-brokered private placement of 2,165,547 common shares at a price of C$6.25 per common share for aggregate gross proceeds of approximately C$13.5 million (the "Private Placement"). Also today, NetworkNewsWire released a report on the company detailing how The Flowr Corporation expects construction at its cultivation facility to be complete by the third quarter of 2019, rising its annual production capacity to 10,000 kilograms. To view the full article, visit: http://nnw.fm/4PnPj .
The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Health Canada Licensed Producer (LP) of cannabis under the Access to Cannabis for Medical Purposes Regulations (ACMPR), is an emerging Canadian cannabis leader founded by Medreleaf co-founder Tom Flow and a team of industry pioneers, successful start-up executives and top industry scientists. Flowr’s purpose-built cultivation facilities may be the most advanced in the industry, consistently generating high crop yields, delivering premium and ultra-premium cannabis products, and maximizing return on investment. The company also may be an R&D leader as it was selected by the Hawthorne Gardening Division of The Scotts Miracle-Gro Company as its exclusive Canadian cannabis R&D partner.
Flowr’s flagship facility, an 84,000-square-foot campus on seven acres in Kelowna, British Columbia, is engineered to grow premium cannabis in rooms that meet pharmaceutical industry production standards for cleanliness. This, along with exacting protocols designed by the Flowr team, enables Flowr to grow cannabis that meets Health Canada’s stringent standards without treating it with the taste- and smell-killing gamma irradiation that most other producers have to use to clean their product. Irradiating the plant – a process similar to pasteurizing food – impairs many of the important terpenes that provide the positive effects, flavors and scents of cannabis while strengthening unpleasant terpenes. Flowr’s products may deliver a better user experience, thus commanding premium prices.
Flowr’s cultivation facilities, built with proprietary, patent-pending systems, are designed to deliver yields targeted at 450 grams per square foot by the end of 2022, which is three times more efficient than the industry average of approximately 150 grams per square foot. By optimizing yield, the Company may produce significantly more cannabis flower on a smaller footprint than other producers, thus generating far high revenue per square foot and keeping costs much lower, leading to higher margins. The Kelowna facility is presently 20 percent operational with the remaining 80 percent slated to come online by early 2019. It is expected to produce up to 14,000 kg of premium, non-irradiated cannabis flower in 2019. With further enhanced yields and planned expansion of production facilities on the campus, Flowr will reach a total capacity of 60,000 kg annually in 2022.
Leading Flowr’s cultivation program is industry pioneer, company co-founder and Flowr president Tom Flow. Flow is widely recognized for his cannabis thought leadership and expertise building and operating cannabis cultivation facilities. Flow also co-founded MedReleaf and designed, built and set up SOPs for their flagship Marcum cultivation facility. Marcum has continued to be perhaps the most productive facility in the country prior to the Flowr flagship facility. Long one of Canada’s most efficient and profitable LPs, MedReleaf was acquired by Aurora for approximately C$3 billion. Flow and his team have designed and built a total of 17 cultivation facilities and secured three producer’s licenses under various Canadian regulatory regimes.
In March 2018, Flowr and the Hawthorne Gardening Division of The Scotts Miracle-Gro Company – a world leader in lawn and garden products – announced an exclusive strategic R&D alliance. After evaluating numerous Canadian LPs, Hawthorne chose to partner with Flowr based on the experience and expertise of the company’s cultivation and R&D teams and the company’s advanced growing capabilities.
Hawthorne will fund the construction of a 50,000-square-foot R&D facility that is integrated into Flowr’s Kelowna campus. This facility is North America’s first dedicated cannabis R&D facility focused on advancing cultivation techniques and systems. The facility will support researchers from both organizations and combine laboratories, indoor and greenhouse grow suites, training areas and genetics breeding areas in a single building. It is expected to open in early 2019. In addition to helping Flowr maintain its competitive advantage in cultivation, the company’s R&D program will keep it on the cutting edge of cannabis innovation.
Flowr is entering the market with three different brands to meet the growing demand for premium, non-irradiated cannabis in the medicinal and adult use markets:
- FlowrRx, featuring premium quality medicinal cannabis that enables patients to live better, fuller lives. A dedicated Client Services team will provide patients with personalized support while an R&D team develops innovative flower strains and premium products targeted to specific conditions. Patient well-being is considered at every stage of the process – from genetic selection to harvest, trimming and curing techniques. FlowrRx and its team of passionate scientists and leading cultivation specialists are dedicated to advancing the scientific understanding of cannabis.
- Flowr is the company’s premium recreational adult-use brand featuring an active, West Coast-inspired lifestyle for the cannabis connoisseur and enthusiast market. Through the continuous innovation of procedures and practices, Flowr’s talented team of experts is crafting premium products that deliver unparalleled experiences.
- Ace Valley, an exclusive partnership with top-selling Ontario craft beer company Ace Hill, will bring Flowr’s premium product to the millennial and casual adult-use markets under the Ace Valley brand.
Flowr recently signed a Memorandum of Understanding with the British Columbia Liquor Distribution Branch, the province’s sole legal wholesaler of non-medical cannabis, to supply premium and ultra-premium flower to the province’s retail outlets. The company has agreements with several major medical distributors and is in discussions about retail distribution with additional provinces where it believes it can obtain prices commensurate with the quality of the Flowr products. The company is also evaluating other market opportunities including export.
Flowr is poised to become the pre-eminent indoor premium cannabis grower in Canada and one of the country’s top five LPs. The company’s focus on yield, quality and price point and its team’s ability to grow at scale should drive high margins, significant growth and strong return on investment.
The Flowr Corporation (TSX.V: FLWR), closed the day's trading session at $6.90, up 7.48%, on 131,513 volume with 461 trades. The average volume for the last 3 months is 299,591 and the stock's 52-week low/high is $2.74/$8.42.
- The Flowr Corporation Completes Private Placement for Approximately C$13.5 Million
- NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Anticipates Upsurge in Production Capacity
- NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Private Placement, Board and Management Updates
Cannabis Strategic Ventures, Inc. (NUGS)
Cannabis Strategic Ventures Inc. (OTC: NUGS) portfolio company Asher House Wellness' co-founders, Lee Asher and Luke Barton, recently appeared on The Ellen Show to discuss their cross-country journey to rescue sheltered animals and move them into loving homes (http://nnw.fm/VG3ep).
Cannabis Strategic Ventures, Inc. (NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.
The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.
Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.
Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.
Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.
Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.
Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.
The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.
Cannabis Strategic Ventures, Inc. (NUGS), closed the day's trading session at $1.24, up 5.98%, on 48,466 volume with 71 trades. The average volume for the last 3 months is 81,943 and the stock's 52-week low/high is $0.75/$5.94.
- Cannabis Strategic Ventures Inc. (NUGS) Praises Momentum, Expansion of Portfolio Company Asher House Wellness
- NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Realizes Key Achievements
- Cannabis Strategic Ventures Plants 20,000 Cannabis Plants at New 6-Acre Licensed Site; First Harvest Expected this Summer
ChineseInvestors.com, Inc. (OTCQB: CIIX) CEO Warren Wang gave a tour of their offices in New York City this week on MoneyTV with Donald Baillargeon. MoneyTV is the internationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews with company CEOs and executives, providing insights into their operations and outlooks for their futures. MoneyTV is seen in over 200 million TV households in more than 75 countries.
Founded in 1999, ChineseInvestors.com (CIIX) has become a leading financial information website for Chinese-speaking investors in the United States and China. Recognizing unprecedented opportunities in the U.S. cannabis industry, CIIX is also laying the groundwork to capitalize on growing demand for cannabidiol (CBD)-based nutrition and health products.
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world’s first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer’s disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX’s cannabis-focused “Yelp”-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide.
ChineseInvestors.com (CIIX), closed the day's trading session at $0.49, up 4.26%, on 28,698 volume with 19 trades. The average volume for the last 3 months is 66,766 and the stock's 52-week low/high is $0.365/$1.25.
- ChineseInvestors.com (CIIX) on MoneyTV with Donald Baillargeon, 5/10
- 420 with CNW – New Zealand Releases Details of Cannabis Legalization Referendum
- ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales
QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX-V: QMC) (FSE: 3LQ)
Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is continuing exploration efforts at its Irgon Mine property, which is located in a region known for hosting spodumene and rare-element-bearing pegmatites. To view the full article, visit: http://nnw.fm/J5gwS.
QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX-V: QMC) (FSE: 3LQ) is a British Columbia based company engaged in the business of acquisition, exploration and development of natural resource properties. QMC’s focus is on creating shareholder value through strategic acquisition and development of high quality lithium, silver, gold, nickel, copper and zinc prospects.
QMC’s current properties are in the Canadian province of Manitoba, one of Canada’s most productive, centrally located mining regions. These resources include the Irgon Lithium Mine project and two Volcanic Massive Sulphide (“VMS”) properties – the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project – which contain base metal-rich mineral deposits. Excellent access and well-developed mining infrastructure to the company’s wholly-owned Irgon Lithium Mine Project offers significant value and ramps up the near-term production schedule, putting QMC in a position to take advantage of rising lithium prices.
The region’s historic resource estimate of lithium is well documented in a 1956 Assessment Report developed by a previous owner, Lithium Corporation of Canada Ltd. The project’s historical resource estimate of 1.2 million tons grading 1.51% lithium-oxide over a strike length of 365 meters and to a depth of 213 meters is being updated by QMC through a detailed channel sampling and subsequent drill program.
North Face Software Ltd. recently created an interactive 3-D model of the Irgon Dike utilizing all historical data derived from past drilling and underground work. The 3-D model clearly demonstrates that exploration and underground development has only taken place on the central portion of the dike, leaving significant potential to quickly increase tonnage.
The company’s latest assay results, obtained from 144 channel samples at QMC’s Irgon Lithium Mine Project, provided encouraging and positive results that compare favorably with the historic assays. QMC has received a drill permit from the Sustainable Development Office of the Manitoba government and is in the process of requesting and assessing bids from drilling contractors. The company plans to begin a 2,000-meter drill program to confirm the historic lithium oxide assay results documented in the historic 1953-54 drill program.
QMC’s experienced leadership team includes specialists in mineral exploration, geology, engineering, new business development, marketing and investor relations. The company’s team of qualified advisors includes consultant Bruce E. Goad, P.Geo., who has 40 years of experience in mineral exploration in Canada, Argentina, Asia and Africa. As a Qualified Person, Goad has worked on numerous deposit styles including rare element pegmatites, porphyry, banded iron formation (BIF) gold deposits, skarn, greisens, and VMS. He has a wide and varied skill set which includes precious, base, industrial and rare metal projects with a sharp focus on gold exploration. Goad is the author of several scholarly publications on pegmatite granites of the southeastern Manitoba region.
The market for lithium has surged over the past three years with prices per metric ton tripling. The world’s rising demand for portable power can easily been seen in the electric vehicle and mobile device industries – both of which use lithium-based, renewable batteries as a power resource. QMC’s high potential prospects and experienced management team, both in geology and corporate finance, put QMC and its shareholders in an excellent position to take advantage of the lithium, precious and base metals markets.
QMC Quantum Minerals Corp. (QMCQF), closed the day's trading session at $0.1606, up 3.95%, on 52,486 volume with 21 trades. The average volume for the last 3 months is 53,733 and the stock's 52-week low/high is $0.1155/$0.512.
- NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Continues Exploration at Property in Area Known to Contain Spodumene
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Preparing NI 43-101 Report on Irgon Dike
- NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Seeks to Capitalize on the Advantages of Hard Rock Mining
Spectrum Global Solutions, Inc. (SGSI)
Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) on Thursday announced that it has forced the conversion into common stock of over $3.67 million in convertible seller notes issued in 2017 and 2018. To view the full press release, visit: http://nnw.fm/5yiC4.
Spectrum Global Solutions, Inc. (SGSI) is a leading single-source provider of end-to-end, next-generation wireless and wireline network infrastructure services and staffing solutions to the service provider (carrier) and corporate enterprise markets across the United States, Canada, Puerto Rico, Guam and the Caribbean. Spectrum Global Solutions provides services directly to carriers, aggregators, utilities, enterprise, Project Management Organizations (PMO) and Original Equipment Manufacturers (OEM) clientele through the following subsidiaries:
- AW Solutions, Inc. and AW Solutions Puerto Rico, LLC – Provides best-in-class communications infrastructure deployment services to carriers, OEMs, PMOs, utilities and enterprise clients by offering discrete and full turnkey service solutions for wireless and wireline clientele. AW Solutions holds professional engineering licenses in all contiguous states and in the District of Columbia and Hawaii; the Canadian provinces of British Columbia, Quebec, Ontario, Alberta and Newfoundland and Labrador; in Puerto Rico, Guam and the U.S. Virgin Islands.
- ADEX Corporation and ADEX Puerto Rico, LLC – An international service organization providing turnkey services and staffing solutions to telecommunications carriers and enterprise clients. Since 1993, ADEX has been assisting telecommunications companies throughout the project life cycle of any network deployment. ADEX and its service capabilities extend from the most basic installation functions to the most advanced engineering disciplines for today and tomorrow’s communications networks. Headquartered in Atlanta, Georgia, ADEX employs technical professionals and provides infrastructure services worldwide via domestic and international locations.
- Tropical Communications, Inc. – A state licensed electrical and underground utility contractor headquartered in Miami, Florida, providing all types of communications and infrastructure facility structured wiring services and solutions since 1984.
Through its subsidiaries, Spectrum Global Solutions is a comprehensive single-source provider for professional services and solutions for the development, deployment and maintenance of wireless/Distributed Antenna System (DAS)/small cell/wireline and fiber networks and infrastructure. The company’s services range in scope from a single activity to multiyear, multi-region, large-scale turnkey development contracts with a deepening pool of international, national, regional and local projects. Spectrum Global Solutions has completed more than 150,000 project activities on wireless, DAS, wireline and fiber networks across the United States utilizing licensed professional engineers, project managers, technicians and general contractors.
Growth projections for the telecom industry show a high growth cycle 2018 through 2025 with a four-fold increase in domestic mobile data traffic and up to $150 billion in fiber investment over the next 5-7 years (Deloitte, 2017). The worldwide explosion of smart phones, tablets and BYOD by customers demanding rapid deployment of new apps, private networks with better coverage and enhanced capacity provides a compelling enterprise opportunity market. The imminent rollout of 5G next generation networks, IOT (Internet-Of-Things) technology deployments, the FirstNet national public safety system, small cell/network densification, Dish Network Deployment, fiber and infrastructure network builds for backhaul and expanded deployments, new FCC spectrum auctions and upgrades to 4G, DAS and small cell networks are contributing to a projected $157 billion in U.S. telecommunication carrier capital expenditures by 2021.
CEO Roger Ponder has served as a director of Spectrum Global Solutions since April 2017. Ponder served as President/CEO of Summit Capital Advisors, LLC, and Summit Broadband, LLC a provider of consulting services to private equity and institutional banking entities in the telecommunications, cable and media/internet sectors. He also served as a member of the board of directors of InterCloud Systems, Inc. and served as its Chief Operating Officer from November 2012 to March 2015. Prior to that Ponder retired from Time Warner Kansas City Division as President/CEO. Ponder brings extensive business development, strategic planning and operational experience to the Company.
Keith Hayter is President of Spectrum Global Solutions and has served as a director of the Company since April 2017. Hayter has also served as the Chief Executive Officer and President of AW Solutions Inc. and AW Solutions Puerto Rico LLC since November 2006. He was Vice President and General Manager of Alcoa Wireless Services from 2001-2006. Hayter served in both the U.S. and British armies and brings extensive multi-national experience in the start-up, development, management and growth of companies in the telecommunication, engineering and construction industry.
Spectrum Global Solutions, Inc. (SGSI), closed the day's trading session at $0.14, up 9.38%, on 65,308 volume with 21 trades. The average volume for the last 3 months is 106,698 and the stock's 52-week low/high is $0.071/$2.59.
- NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Eliminates Over $3M in Convertible Debt
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- NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures More Than $3.7M in New Contracts
VPR Brands, LP (VPRB)
VPR Brands LP (OTC:VPRB) announced availability today of a CannabisNewsAudio Broadcast titled, "Surging Vape Market Propels Smart Brands Growth." To hear the CannabisNewsAudio version, visit: http://cnw.fm/On1f9. To read the full editorial, visit: http://cnw.fm/rT46b.
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 $0.0669, up 0.90%, on 10,500 volume with 3 trades. The average volume for the last 3 months is 83,104 and the stock's 52-week low/high is $0.026/$0.139.
- VPR Brands LP Featured in CannabisNewsAudio Broadcast Discussing Growing Vaping Market Creating Irresistible Opportunities
- VPR Brands LP Featured in CannabisNewsWire Publication Discussing Smart Companies in Rising Vape Market
- Surging Vape Market Propels Smart Brands Growth
Geyser Brands Inc. (TSX.V: GYSR)
Consumer healthcare company Geyser Brands (TSX.V: GYSR) recently announced its successful first test harvest and second harvest as a cannabis cultivator in accordance with Health Canada's license to cultivate. To view the full article, visit: http://nnw.fm/cYt6T. Also today, the company was featured in the 420 with CNW by CannabisNewsWire. Data collected shows that cannabis sales were higher on 4/20 in line with the predictions that had been made regarding the effect of the marijuana "holiday" on sales. Headset, a cannabis industry analysis company, had initially predicted a 100 percent increase in sales on that day.
Geyser Brands Inc. (TSX.V: GYSR) is a consumer healthcare company that builds and markets some of the world's most loved cannabis products and brands in the nutraceutical, cosmetics, food and beverage and pet sectors. Using its proprietary nanotechnology formulation, the company delivers creams, beverages, baked goods and tincture formulations with superior bioavailability and water solubility.
The efficacy of most hemp?products is restricted as the insoluble nature of the molecules prevents most of the product from permeating the skin or entering the body system. Geyser Brands solves this insolubility problem with an advanced delivery system that quickly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency.
Made with all-natural materials, NanoFusion technology offers an array of advantages: enhances penetration for deeper skin penetration; improves the transport of active ingredients for site-specific targeting; delivers active ingredients across cell membranes for release within the cell; provides longer shelf-life and stability of molecules.
Geyser Brands operates a 7,000-square-foot facility in Port Coquitlam, British Columbia, where its initial cannabis cultivation generated the first revenues out of the company's cultivation license granted in October 2018. Geyser Brands is approved as a licensed producer in compliance with Health Canada standards, which allows the company to pursue its processing and sales license. Obtaining this license will enable the company to extend its products and brands into the regulated Canadian cannabis market and directly to the consumer medical market.
Geyser Brands's integrated production chain and formulation lab develops innovative products using high-quality hemp and CBD for healthy lifestyle brands while its R&D lab produces product formulations designed to enhance bio-availability of hemp and CBD and shelf stability while maintaining all-natural ingredients and ensuring premium quality.
Geyser Brands will continue to seek opportunities to invest into the research and development of unique high-quality proprietary strains and technologies that target specific health-related conditions such as pain and inflammation reduction, insomnia, digestive issues and other commonly known ailments.
Among the brand formulations in Geyser Brand's portfolio are:
- Apothecary all-natural Hemp Terpene Pain Cream with optimal skin permeation
- Prohibition Cold Brew Mocha designed with water soluble hemp molecules
- Apothecary health products created to deliver fast-acting and high bioavailability in a spray formulation
- Baked hemp infused pet products, designed to alleviate anxiety and pain, created with NanoFusion for dosage control
Since 2014, Geyser Brands' CEO and Co-Founder Andreas Thatcher has been a principal at Rhizome Group, an entertainment company focused on building media IP through creative and market development. He previously was a founding partner at Rhizome Capital LLC, a U.S.-based media?investment?company specializing in marketing and distribution financing, and worked in the Investment Banking industry in?London and Toronto. Thatcher holds a master's degree in economics.
CFO Barry McKnight obtained his bachelor's degree from the University of British Columbia and is a Chartered Professional Accountant and?Certified Management Accountant registered in British Columbia. McKnight has over 20 years of experience as the principal of Barry D. McKnight Inc. He formerly was also a director of Indigo Sky Capital Corp. and has been the CFO and a director of the Company since 2016 and Corporate?Secretary of the Company since 2017.
Geyser Brands's Co-Founder Brad Kersch brings a strong business background with over 20 years of experience in?successful startups and working?with Fortune 500 companies. He spent his early years in the advertising and?marketing field and went on to form Hyperware, a clothing?company that sold branded clothing to retailers across Canada?before selling to clothing giant Ocean Pacific (OP). Kersch?became the president of Shoreline Studios, Canada's largest and?oldest?studio for film and TV. In 2014 he started Solace Management Group, a hemp product company focused on pet, cosmeceutical, and nutraceutical markets. As of February 2019, Geyser Brands signed a non-binding LOI to acquire Solace Management. Upon completing the proposed Solace acquisition, Geyser Brands intends to launch into the execution phase of its plan — to take its brands global through retail and digital direct-to-consumer experiences, launching its hemp-infused cannabis brands and products in the U.S., European Union, and Asia, and its CBD-infused line of products in jurisdictions where the therapeutic ingredient is legal.
Kuldip Gill, head of Geyser Brands' R&D program, has more than 35 years of experience in the cannabis industry. Gill built the largest manufacturing facility?in the lower mainland in Surrey, British Columbia, complete with R&D, analytical and quality control labs approved by both the FDA and Health Canada. He has to date created over 3,500 formulas, most notably Lakota pain relief gel. Gill's experience and proven track record is evident in the strongly marketable formulations he has developed and sold worldwide.
Geyser Brands Inc. (TSX.V: GYSR), closed the day's trading session at $0.80, even for the day, on 19,500 volume with 8 trades. The average volume for the last 3 months is 8,362 and the stock's 52-week low/high is $0.61/$0.85.
- NetworkNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Anticipates Massive Yield Increase for Third Harvest
- 420 with CNW – Data Confirms that Cannabis Sales Were Boosted on 420
- Geyser Brands: Canadian LP Rolling Up Cannabis Brands -- CFN Media
Nightfood Holdings, Inc. (OTCQB: NGTF)
Nightfood Holdings Inc. (OTCQB: NGTF) is solving America's $50 billion nighttime snacking problem with sleep-friendly nighttime ice cream. With its team of leading sleep and nutrition experts, NGTF is pioneering the projected billion-dollar nighttime nutrition and sleep-friendly snack categories. NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company's newsroom at http://nnw.fm/NGTF.
Nightfood Holdings, Inc. (OTCQB: NGTF), a pioneering consumer goods brand development company headquartered in Tarrytown, New York, owns Nightfood, Inc., creator of delicious, award-winning and better-for-you ice cream formulated by sleep and nutrition experts, and its wholly owned subsidiary MJ Munchies, Inc., which seeks to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. Known as “The Nighttime Snack Company,” Nightfood Inc. is focused on improving the late-night snacking choices of consumers while solving America’s $50 billion-dollar nighttime snacking problem.
Nightfood Ice Cream
Nightfood’s higher-protein and sleep-friendly ice cream won the 2019 Product of the Year Award in a survey of over 40,000 consumers. The annual Product of the Year survey, the world’s largest consumer-voted award for product innovation, is conducted by Kantar, a global leader in consumer research. In beating out the other finalists, consumers indicated that Nightfood’s one-of-a-kind innovation and unique value proposition made it a clear-cut winner in the ice cream space and a brand they were highly motivated to try. Winners of the 32-year-old award have been shown to outperform category sales performance by over 38 percent.
Less than two months since manufacturing their first pint of ice cream, Nightfood has now secured distribution in more than 13 states, and has received extensive media coverage from outlets such as USA Today, Fox Business’ Mornings With Maria, Parents Magazine, The Food Network, MarketWatch, The Washington Post, Business Insider, Bustle, and more.
With the Product of the Year award and millions in media coverage, Management has publicly stated their goal of securing nationwide distribution in over 10,000 retail outlets by March 31, 2020.
Formulated by leading sleep and nutrition experts, including America’s most prominent sleep expert, Dr. Michael Breus, Nightfood’s higher protein/higher fiber, and lower sugar ice cream delivers great ice cream taste and texture, while minimizing sleep-disruptive ingredients such as caffeine, excess sugar, and excess fat and calories. The addition of certain minerals, enzymes and amino acids, which research suggests can support sleep quality, is another bonus. Nightfood only uses hormone-free milk, is certified Kosher, and offers eight original flavors, five of which are gluten-free. Nightfood ice cream also uses all-natural sweeteners with no Erythritol, no sucralose, or other artificial sweeteners.
More than 37,000 consumers across the country have already requested coupons for the company’s newly launched Nightfood ice cream by entering a giveaway hosted at NightfoodIceCream.com which includes a chance to win a one-year supply (96 pints) plus a freezer for storage. The coupon program is being run in conjunction with PromotionPod, which has previously conducted successful campaigns for brands such as Chobani, Halo Top, and BodyArmor.
Nightfood Inc. began its nationwide rollout of Nightfood ice cream in February 2019, successfully securing placement in Meijer supermarket locations in the Midwest with a concentration around the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus and Milwaukee. A distribution agreement with New England Ice Cream Corporation (NEIC) will also place Nightfood ice cream in outlets located throughout Massachusetts, Vermont, New Hampshire, Maine, Rhode Island and Connecticut.
Ice cream lovers in northern California will find Nightfood Ice Cream at various upscale, independent retail outlets in and around the San Francisco bay area serviced through a distribution agreement with Wonder Ice Cream Company, which services thousands of retail outlets from Bakersfield north to the Oregon border. Consumers can also purchase Nightfood ice cream online at BuyNightfood.com through the Company’s partnership with IceCreamSource.com.
Ice cream is now the 2nd most popular night snack choice, with almost half of all consumers reaching for ice cream after dark. According to IRI Worldwide, 44 percent of all snack consumption occurs between dinner and bedtime, representing a consumer spend of over $1 billion weekly on nighttime snacks in the U.S. alone. Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for 2017 and beyond.
Nightfood has developed a dynamic infographic resource that clearly illustrates the size and scope of the largely untapped nighttime snack category (http://NightSnacking.com). Americans everywhere are likely to identify with the infographic’s results that vividly illustrate late night snacking by age group, popular snack choice, and amount of money spent each week on feeding after-hour snack attacks. Available in eight delicious flavors, Nightfood ice cream can help consumers satisfy nighttime cravings in a better, healthier, more sleep-friendly way.
MJ Munchies, Inc.
MJ Munchies, Inc., was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The Company intends to market some of these new products under the trademarked brand name “Half-Baked” and has entered into a Letter of Intent that allows Global Consortium Inc. (OTC: GCGX) subsidiary Infused Edibles to receive an exclusive license to manufacture and distribute marijuana and CBD-infused products under the Half-Baked brand.
Management believes the Half-Baked brand will give the Company a unique and defensible competitive advantage against other recreational edible brands. The Company believes tremendous opportunities currently exist to launch successful and legally compliant products in this space, and that such opportunities will continue to grow over time.
Nightfood founder and CEO Sean Folkson is a formerly frustrated nighttime snacker whose late-night cravings led him to seek a better solution for himself and others through the creation, marketing and distribution of the Nightfood product line. Folkson also founded internet marketing company AffiliatePros.com which provided the startup capital to launch Specialty Equipment Direct, an online distributor of floor removal equipment that quickly grew to 7-figure revenues. Folkson received a bachelor’s degree in business administration with a concentration in marketing from S.U.N.Y Albany, New York, in 1991.
Jim Christensen, vice president of Nightfood Ice Cream, is the former Vice President of Ice Cream Sales with global ice cream giant Unilever. In his over 20 years at Unilever, Jim led sales and distribution initiatives for brands such as Ben & Jerry’s, Klondike, Breyers and Good Humor. Christensen joined the Nightfood team in June of 2018 with the directive to launch Nightfood ice cream rapidly into national distribution through supermarket, drug, convenience and other channels. Understanding that the overwhelming majority of at-home ice cream consumption occurs in the hours before bed, Christensen has identified Nightfood as the next evolution in better-for-you ice cream.
CFO Mark Noffke, CPA, has over 37 years of experience as a seasoned financial and management professional. He has served as chief financial officer of several small cap public companies since 2004 where he oversaw virtually every aspect of the company’s operations, administration, customer service and human resources. Noffke has a bachelor’s degree in accounting from Valparaiso University in Indiana.
The Nightfood advisory board includes Tom Morse, founder of 5-Hour Energy and Living Essentials, LLC.; Doron Stern, former vice president of marketing at Chobani and Popcorn, Indiana; restaurateur and celebrity Chef Chris Santos; Paul Jarrett, CEO of fast-growing nutrition startup BuluBox; Eric Egeland, president of Capacity Consulting Inc.; Dr. Michael A. Grandner, director/Sleep and Health Research Program at the University of Arizona; Dr. Michael Breus, sleep expert and best-selling author known to millions as The Sleep Doctor(TM); Dr. Lauren Broch, resident nutrition, sleep disorder expert and a member of the scientific advisory board.
Nightfood Holdings, Inc. (NGTF), closed the day's trading session at $0.60, even for the day, on 386,173 volume with 89 trades. The average volume for the last 3 months is 523,009 and the stock's 52-week low/high is $0.16/$0.92.
- Nightfood Holdings Inc. (NGTF) Adds Retail Locations for Ice Cream
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Trxade Group Inc. (TRXD)
The global online pharmaceuticals market is projected to grow rapidly, at a CAGR of 17.5 percent through 2024, as detailed in a report titled 'The Online Pharmacy Market: Global Industry Analysis' from ResearchAndMarkets.com (http://nnw.fm/xloS6). Several factors are expected to contribute to the growth, such as increased internet usage around the world, better health care infrastructure development and rising awareness about the benefits of ecommerce transactions. By 2023, the global online pharmacy market is anticipated to reach $128 billion, in comparison to $29.4 billion in 2014 (http://nnw.fm/R4FzS). Companies like Trxade Group Inc. (OTCQB: TRXD) are contributing to the realization of such trends through innovative developments and easy access to user-friendly web-based services.
Trxade Group Inc. (TRXD) is an integrated pharmaceutical services company that offers a unique combination of a web-based purchasing platform (www.trxade.com) for transactions between independent pharmacists and drug distributors (B2B); a network of pharmacies with E-Hub software; a mail order pharmacy; and warehouse and drug delivery services. This synergistic combination of product offerings and superior data analytics is poised to benefit all stakeholders and consumers within the pharmaceutical industry.
Trxade will leverage and scale its fully integrated model to execute the following growth strategies:
- Increase share of pharmacist drug purchasing
- Additional SKUs and expand product breath
- Partner with Specialty and International Mfg.
- Expand mail order licenses to all 50 states
- Scale Delivmeds for consumer delivery nationwide
- Integration with telemedicine
- M&A Opportunities within drug value chain
Founded in 2010 and headquartered in Tampa, Florida, Trxade's overarching corporate strategy is to penetrate the existing retail independent pharmacy marketplace and diversify the company's pharmaceutical mix with additional specialty and acute care products. Trxade is advancing on this mission by focusing on three key niches in the health care market.
The $330 billion U.S. pharmaceutical industry is comprised of more than 65,000 pharmacy facilities and 1,500 state-licensed suppliers. Roughly 24,000 of these facilities are independent pharmacies, which collectively spend approximately $93 billion a year on branded and generic drugs.
Trxade targets these independent pharmacies, leveraging a robust, "E-Bay/Kayak-like" technology platform with optimum buyer/seller pricing algorithms, product availability, and predictive data analytics features.
Trxade currently serves and transacts with more than one-third (10,250) of these independent pharmacies and facilitates over $10 million of drug purchases a month!
Trxade also targets the "consumer side" of the pharmaceutical industry, aiming to lower prescription drug costs by attacking the inefficient value chain; offering drug price transparency and efficient buying; and, delivering drugs DIRECT to independent pharmacists and consumers.
The company operates a full-service mail order pharmacy for U.S. consumers, as well as a mobile app called "Delivmeds" (http://www.delivmeds.com) which enables SAME DAY home delivery of dispensed prescriptions.
Trxade's Managed Services Organization ("TrxadeMSO") enables its member independent retail pharmacies to get patients, process orders, and deliver or ship prescriptions to patients. TrxadeMSO provides access to encompassing network of pharmacies through the E-Hub software, allowing for timely and comprehensive medication fulfillment.
These offerings ensure the best-suited pharmacy receives the patient's information, thereby ensuring appropriate medication coverage based on the patient's location, payor coverage, and medication access/inventory. This will save the clinicians and their staff time as they benefit from efficiency and enhanced workflow management in script processing and fulfillment.
Health Care Market
The U.S. health care market currently hovers near $4 trillion and is expected to grow as the general population ages. This growth will have greater impact on consumers as out-of-pocket expenses also rise. Additionally, drug costs are paced to increase faster than the overall health care and well above inflation.
Drug pricing is variable, and reimbursement is squeezing profits. This provides significant opportunity for the Trxade model of price visibility and profit optimization.
Trxade's fair online market platform targets the nation's retail community and independent pharmacies, of which there are approximately 24,000 nationwide. TRxADE has found that independent pharmacies, in order to be cost-effective, often operate with minimal staff and conduct up-to-the minute price checks. The TRxADE S2P platform gives these pharmacists the ability to easily compare the price of drugs offered by various suppliers and select the most favorable deals, saving money by taking advantage of best purchase pricing.
TRxADE's programs include:
- TRxADE Exchange, which opens and widens the distribution channel to the retail, community pharmacy. A purchasing pharmacy can view products from manufacturers, buying groups, and wholesalers on a real-time and continuous basis. This approach significantly enhances the competitive spirit of the exchange where the lowest price exists for each product at any given point in time. TRxADE has become a competitive tool for all progressive entities and is recognized for its easy searching of hard-to-find generic pharmaceuticals at substantially reduced prices.
- RX Guru™ is an industry-leading price prediction model that integrates product shortage insight into pharmacy acquisition benchmarks ("PAC") to ascertain trends and pricing variances that result in significant purchasing opportunities. RX Guru affords members the opportunity to continuously benefit from real price purchasing opportunities that are concealed from the rest of the industry.
- Product Shortage Database – TRxADE maintains the most comprehensive retail, specialty and acute care pharmaceutical product shortage database in the country. Other industry competitors mainly restrict their efforts to specialty and acute care product shortages and narrowly research oral generic products. TRxADE's advanced prediction tools help members source those hard-to-find products at affordable costs in a timely and easy-to-search process.
Trxade's management team is rich in expertise within the pharmaceutical supply chain and is supported by a base of advisors and contractors who are experts in related fields of the pharmaceutical sector.
Suren Ajjarapu – Chairman of the Board, Chief Executive Officer and Secretary
Suren Ajjarapu has served as Trxade's chairman of the board, CEO and secretary since 2014, and as the chairman of the board, chief executive officer and secretary of Trxade Nevada since its inception. Ajjarapu also serves as a chairman of the board for Feeder Creek Group Inc., since March 2018. Ajjarapu formerly was a founder, CEO and chairman of Sansur Renewable Energy Inc., a company involved in developing wind power sites in the Midwest, United States; a founder, president and director of Aemetis Inc., a biofuels company (AMTX.OB); a founder, chairman and CEO of International Biofuels, a subsidiary of Aemetis Inc.; and a co-founder, COO, and director at Global Information Technology Inc., an IT outsourcing and systems design company. Ajjarapu holds an M.S. in environmental engineering from South Dakota State University, Brookings, South Dakota, and an MBA from the University of South Florida, specializing in international finance and management. Ajjarapu is also a graduate of the Venture Capital and Private Equity program at Harvard University.
Prashant Patel – Director, President and Chief Operating Officer
Prashant Patel has served as Trxade's full-time president and COO, and as a director since the company's acquisition of Trxade Nevada in 2014, and as the COO and president and as a director of Trxade Nevada since its inception. He has been a president and member of the board of Trxade since August 2010. Patel is a registered pharmacist and pharmaceutical consultant with over 10 years of experience in retail pharmacy and pharmaceutical logistics. He is the founder of several pharmacies in the Tampa Bay area, in Florida. Since 2008, Patel has been managing member of the APAA LLC pharmacy. Since 2007, Patel has been a vice president of Holiday Pharmacy Inc. Patel graduated from Nottingham University School of Pharmacy and practiced in the United Kingdom before obtaining his masters in Transport, Trade and Finance from Cass Business School, City University, UK.
Trxade Group Inc. (TRXD), closed the day's trading session at $0.44, even for the day. The average volume for the last 3 months is 2,504 and the stock's 52-week low/high is $0.23/$1.00.
- Trxade Group Inc. (TRXD) Capitalizing on Growing Global Online Pharmacy Market
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Net Element (NASDAQ: NETE)
Net Element (NASDAQ: NETE), a global technology and value-added solutions group, recently announced that its Aptito subsidiary has entered into a strategic partnership with HP Inc. (NYSE: HPQ) for sales and support of its line of Android-based point-of-sale ("POS") devices. (http://nnw.fm/58iVx). To view the full article, visit: http://nnw.fm/ILii4.
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 $5.13, off by 1.16%, on 17,437 volume with 108 trades. The average volume for the last 3 months is 60,335 and the stock's 52-week low/high is $3.75/$10.60.
- NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Subsidiary Enters Partnership with HP Inc. (NYSE: HPQ)
- 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
Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G)
Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) recently entered a joint venture ("JV") with Moosehead Breweries to launch a cannabis-infused beverage line in Canada. To view the full article, visit: http://nnw.fm/z3Dv6.
Sproutly Canada, Inc. (OTCQB: SRUTF) (TSX.V: SPR) (FRA: 38G) is developing and bringing to market cannabis consumer products with a focus on beverages. The company’s core mission is to become the leading supplier of water-soluble cannabis solutions and bio-natural oils for brands in the emerging cannabis beverage and edibles market.
To make this happen, Sproutly acquired Infusion Biosciences to bring to market a patent-pending Aqueous Phytorecovery Process (APP) technology, a fundamental paradigm shift within the cannabis industry. Replacing traditional water-compatible solutions with true natural water solubility improves the body’s ability to utilize cannabinoids, making the effect of the cannabis almost immediate.
This revolutionary process doesn’t alter the cannabis compounds and provides an onset time and offset time that mimics the same effects as inhaled marijuana. That means consumers may feel effects in five minutes or less and be free from the desired effect in approximately 90 minutes—a vastly different ingestion pattern than current methods. In addition, the water-based cannabinoids can be mixed with other liquids and stay dissolved in those liquids. The application of water-soluble cannabis infusions has potential to be widespread in both medicinal and recreational cannabis sectors, giving Sproutly a distinctive edge in a market with untapped potential.
Sproutly’s business model is focused on processing rather than cultivating, which means its success is not constrained to growing its own cannabis. The company does own a Toronto-based, ACMPR-licensed facility designed and built with a focus on cultivating pharmaceutical-grade cannabis to produce and formulate the first natural, truly water-soluble cannabis solution. Its water-soluble ingredients and bio-natural oils will deliver revolutionary brands to international markets that are searching for well-defined commercial products.
Sproutly’s entrance in the cannabis market is perfectly timed as cannabis is moving towards mainstream acceptance. Potential users are, however, interested in consuming cannabis products as drinks and using it as oils rather than smoking. The potential cannabis beverage market is staggering, and with Sproutly owning the exclusive rights to APP technology in Canada, Australia, Jamaica, Israel and the entire European Union, the company is looking at significant international expansion opportunities.
Sproutly plans to capitalize on these international opportunities by executing on partnerships with local and globally established consumer brands to leverage their existing customer bases, expand brand loyalty, and assist with marketing and support distribution networks to deliver scientific breakthroughs with speed and efficiency?worldwide.
Sproutly believes that talent drives growth. The company is committed to bringing together the best and brightest minds in the cannabis space to help with their mission to disrupt the global beverage and consumables market.
President, CEO and Director Keith Dolo recently served for more than 13 years with Robert Half, an S&P 500, NYSE-listed company. At Robert Half, Dolo held the position of vice president for more than eight years, as well as other senior roles in both operations and sales. He also sits on an advisory committee and a board position for two nonprofits in Vancouver, BC.
Chief Science Officer and Director Dr. Arup Sent has more than 35 years of experience in research and executive management at biotechnology and pharmaceutical companies. He was awarded a PhD in biochemistry from Princeton University and is a former faculty member at the National Cancer Institute and Scripps Research Institute. Sen is the inventor on five U.S. patents and numerous international patents and patent-pending applications.
Chief Financial Officer Craig Loverock is a chartered professional accountant with over 20 years of experience in accounting and finance roles in Canada, the United States and the United Kingdom. He has extensive expertise in public company reporting and transactional experience, having served as the senior financial advisor to the chairman at Magna International and acting as chief compliance officer and CFO for a private equity firm.
Head Grower Frank Han has over 12 years of experience in the horticulture industry. A previous master grower in a large commercial facility, Han has impressive expertise in all growing methods, techniques and procedures. He brings with him a wealth of knowledge in cloning, nutrient and overall plant management. Han will be in charge of the production team at Sproutly’s Toronto Herbal Remedies facility.
Sproutly Canada, Inc. (OTCQB: SRUTF), closed the day's trading session at $0.5463, off by 2.25%, on 290,903 volume with 153 trades. The average volume for the last 3 months is 756,838 and the stock's 52-week low/high is $0.189/$1.875.
- NetworkNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Employs Proprietary Technology to Launch Cannabis Beverage JV
- 420 with CNW – Las Vegas City Council Votes to Allow Marijuana Lounges
- Sproutly Featured in CannabisNewsAudio Broadcast on Amazing Potential for Cannabis-Infused Beverages Market
VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF)
VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets, this morning announced that its wholly-owned Canna Farms Limited subsidiary has successfully completed registration with Alberta Gaming, Liquor & Cannabis ("AGLC") to supply the Province of Alberta with its premium cannabis products. To view the full press release, visit: http://nnw.fm/EClH0.
VIVO Cannabis Inc. (TSX.V: VIVO) (OTC: VVCIF) is a globally licensed, cost efficient producer of premium quality, organic, standardized medicinal cannabis. One of the earliest licensed medical marijuana producers under Canada’s federally-controlled Access to Cannabis for Medical Purposes Regulations (ACMPR), VIVO has five years of operating experience in the burgeoning medical marijuana space through its flagship operation, ABcann Medicinals, Inc. The company recently received its Health Canada license to produce medical cannabis oils and is working toward production of saleable, extracted, finished products that will lead to a final inspection allowing sales of its oils.
“Receipt of the license to produce cannabis oils is a major milestone in our pursuit to provide our medical cannabis patients with additional product formats that can be precisely dosed. The expansion and innovation of our product lines are a top priority for the Company as we continue to serve the needs of our customers, and we anticipate strong demand for our cannabis oil products,” VIVO CEO Barry Fishman said.
VIVO owns and operates a fully functioning 14,500 square foot facility in Napanee, Ontario, which is being doubled in size to produce 1,400 kg of cannabis per year. The company’s expansion plans include adding a seasonal greenhouse and a hybrid, multipurpose facility, capable of producing 31,000 kg of cannabis per year between the two facilities, to be constructed on 65 acres it already owns near the Napanee facility. This additional location is properly zoned with existing infrastructure in place for an eventual 1.2 million square feet of production space.
VIVO has built a reputation over the years for its best-in-class standardized approach to growing cannabis that includes the absence of pesticides and a computer monitored growing technique that provides a consistent, pharmaceutical-grade with high yields. The company’s custom, scalable growing chambers with proprietary lighting can be replicated anywhere in the world, leading to lower production costs. This technique has helped it record a customer retention rate of 94.7 percent alongside 30 percent month-over-month customer growth. When combined with VIVO’s current yield rate, which it has measured at roughly 100 percent greater than the industry average, the company has constructed a strong foundation upon which to build a sizable presence in the global cannabis industry.
This global growth potential is illustrated by VIVO’s partnership with Israel’s Syqe Medical, producer of the world’s first selective-dose pharmaceutical grade medicinal plant inhaler. After visiting VIVO’s production facility, Perry Davidson, founder of Syqe Medical, noted that the company’s production technologies put it “in a class with the best in the world” in its ability to produce standardized pharmaceutical grade cannabis.
VIVO’s recent acquisition of Harvest Medicine Inc. represents further progress toward the company’s goal of becoming a vertically integrated medical cannabis company. Harvest Medicine is one of the fastest growing medical cannabis clinics in Canada – adding over 1,200 new patients monthly from a single location – with an aggressive expansion plan and a patient-focused approach that perfectly aligns with VIVO’s philosophy of quality and innovation.
VIVO’s seasoned management team, board of directors and advisory board features well over a century of combined industry experience. Fishman, who has over 20 years of experience as a business leader, previously served as CEO of both Teva Canada and Taro Canada, as vice president of marketing at Eli Lilly Canada, and as past chair of the Canadian Generic Manufacturers Association. He most recently served as CEO of international specialty pharmaceutical company Merus Labs.
Notably, VIVO also has access to the ‘Father of Cannabis Research’, Raphael Mechoulam, PhD, through its board of advisors. An organic chemist and professor of medicinal chemistry at the Hebrew University of Jerusalem, Mechoulam was the first scientist to isolate both cannabidiol (CBD) and tetrahydrocannabinol (THC). He has received more than 25 prestigious academic awards, including the Rothschild Prize in Chemical Sciences and Physical Sciences in 2012.
With more than 65 acres of growth capacity, a healthy cash balance to fund upcoming construction efforts, steady sales growth, industry-leading yield rates and an established operations team in place, VIVO is well positioned to compete in the rapidly expanding Canadian cannabis industry and beyond.
VIVO Cannabis Inc. (VVCIF), closed the day's trading session at $0.49, off by 3.92%, on 159,825 volume with 101 trades. The average volume for the last 3 months is 306,295 and the stock's 52-week low/high is $0.413/$1.53.
- NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Subsidiary Expands Cannabis Product Sales to Alberta
- NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results
- 420 with CNW – Group Plans 2020 Ballot Measure to Legalize Recreational Cannabis in Montana
Sugarmade, Inc. (SGMD)
A major supplier to the growing hydroponic cultivation sector, Sugarmade (OTCQB: SGMD) is planning a significant expansion of its hemp-cultivation product supplies to assist hemp farmers in Kentucky who are struggling to meet the rising demand for their crop. To view the full article, visit: http://nnw.fm/maw3E.
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 $0.0345, off by 4.43%, on 2,173,519 volume with 103 trades. The average volume for the last 3 months is 1,051,800 and the stock's 52-week low/high is $0.035/$0.1975.
- NetworkNewsBreaks – Sugarmade Inc. (SGMD) Plans Expansion to Meet Rising Need Amid Kentucky Hemp Boom
- 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
Global Payout, Inc. (GOHE)
Global Payout, Inc. (GOHE) was featured today in the 420 with CNW by CannabisNewsWire. Data collected shows that cannabis sales were higher on 4/20 in line with the predictions that had been made regarding the effect of the marijuana "holiday" on sales. Headset, a cannabis industry analysis company, had initially predicted a 100 percent increase in sales on that day.
Global Payout, Inc. (GOHE) provides comprehensive payment solutions that can be fully customized for virtually any domestic and international organization distributing money worldwide. The company is committed to enabling global access to technology for optimizing financial transactions and delivering a global financial eco-system with top-tier banking institutions and the highest level financial technology partnerships.
Today, more than ever before, commercial enterprises and government institutions need powerful financial technology solutions that have the flexibility to deliver innovative customer centric services and drive operational efficiency gains throughout the organization. The Global Reserve Platform is Global Payout's fully configurable "banking-in-a-box" web-based platform that can fulfill the front-to-back office processing requirements of domestic, foreign exchange and international payment service providers. This platform is designed to improve work flow, operational efficiencies, and global financial management for enterprises operating across the globe.
The Global Reserve Platform can manage practically any financial product, including core and traditional banking products, online banking, card management, mobile wallets, merchant payment processing, biometric payments and authentication management, bill payments and P2P payments, international remittances, government benefits management, loans management, FOREX, and SWIFT / ACH / SEPA payments. Powered by the Global Reserve Administrative module, the platform can be customized for enterprises across a multitude of business sectors.
Investment in financial technology (FINTECH) companies has grown dramatically in recent years with the role of today's banks shrinking and demand for improved financial solutions continuing to rise. As the industry has continued to expand rapidly, Global Payout's management team has directed its focus on identifying the most promising market sectors with FINTECH needs. The four core areas selected are logistics, small and medium enterprises (SME), banking and travel.
In 2015, Global Payout introduced MoneyTrac Technology Inc. as a majority owned subsidiary to more effectively focus on the development of financial technologies that specifically address many of the challenges that enterprises in a variety of alternative and "high-risk" market sectors are faced with in processing financial transactions. Powered by Virtu Network Solutions, the MoneyTrac Technology platform is one the most configurable and intuitive financial technology platforms available to alternative and "high-risk" enterprises and provides them with solutions that effectively manages everything from pin debit and virtual currency, to compliance and cash flow logistics.
With the global economy constantly becoming more diversified and connected, Global Payout is well positioned with the technology software solutions its team has developed to address many different needs worldwide. Management has committed itself to exploring and identifying every avenue possible for further establishing itself as a recognized leader in FINTECH solutions.
Global Payout, Inc. (GOHE), closed the day's trading session at $0.0028, off by 6.67%, on 3,588,223 volume with 41 trades. The average volume for the last 3 months is 5,637,620 and the stock's 52-week low/high is $0.0025/$0.019.
- 420 with CNW – Data Confirms that Cannabis Sales Were Boosted on 420
- NetworkNewsBreaks – Global Payout, Inc. (GOHE) 420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit
- NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Going Global with Puerto Rico Expansion
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