The QualityStocks Daily Stock List
- Stereotaxis, Inc. (STXS)
- University Bancorp, Inc. (UNIB)
- Patriot One Technologies, Inc. (PTOTF)
- Eurosport Active World Corp. (EAWD)
- Lynas Corporation Limited (LYSCF)
- PASSUR Aerospace, Inc. (PSSR)
- Rubicon Organics, Inc. (ROMJF)
- SCI Engineered Materials, Inc. (SCIA)
- Smoke Cartel, Inc. (SMKC)
- Energy Services of America Corp. (ESOA)
- Golden Predator Mining Corp. (NTGSF)
- Data Storage Corp. (DTST)
- Khiron Life Sciences Corp. (KHRNF)
- K92 Mining, Inc. (KNTNF)
Stereotaxis, Inc. (STXS)
NetworkNewsWire, Zacks, EarningsCast, InvestorVillage, Market Memory, Marketbeat, Equity Clock, MarketWatch, Insider Financial, The Street, Insider Tracking, and Stockhouse reported earlier on Stereotaxis, Inc. (STXS), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Headquartered in St. Louis, Missouri, Stereotaxis, Inc. is the worldwide leader in innovative robotic technologies for the treatment of cardiac arrhythmias. The design of these robotic technologies are to enhance the treatment of arrhythmias and perform endovascular procedures. The Company's mission is the discovery, development and delivery of robotic systems, instruments, and information solutions for the interventional laboratory. Stereotaxis lists on the OTC Markets Group's OTCQX.
More than 100 issued patents support the Stereotaxis platform. The Company's core Epoch™ Solution includes the Niobe® ES remote magnetic navigation system, the Odyssey® portfolio of lab optimization, and networking and patient information management systems, and the Vdrive™ robotic navigation system and consumables that have received regulatory clearance in the U.S., the EU, Japan, Canada, China, and elsewhere. Stereotaxis Imaging Model S is CE marked and Food and Drug Administration (FDA) cleared.
Stereotaxis' innovations help physicians provide unmatched patient care with robotic precision and safety, improved lab efficiency and productivity, and enhanced integration of procedural information. Benefits of the Niobe® Robotic Magnetic Navigation System include unprecedented catheter precision & reach; and stable focal contact in a beating heart. Benefits also include improved physician safety & enhanced skill; and improved patient safety & outcomes.
Earlier this month, Stereotaxis and Osypka AG announced a broad strategic collaboration. Stereotaxis and Osypka are designing and developing a next-generation magnetic ablation catheter to be navigated using Stereotaxis' robotic technology. Stereotaxis is funding the development. The Company will be the sole owner of the catheter.
Furthermore, Stereotaxis and Osypka have entered into additional business agreements to support a long-term broad collaboration in electrophysiology. Osypka is a pioneer in electrophysiology and a foremost manufacturer of interventional products.
Moreover, this month, Stereotaxis introduced Stereotaxis Genesis RMN, the next-generation robotic platform and a major advancement in robotic magnetic navigation technology. The Stereotaxis Genesis RMN system provides the established benefits and reliability of robotic magnetic navigation in a highly inventive architecture that is quicker, smaller, lighter and more flexible.
Stereotaxis Genesis RMN is being launched simultaneously with Stereotaxis Imaging Model S as an integrated complete solution for a robotic interventional operating room. Stereotaxis Imaging Model S is a single-plane full-power x-ray system. The design of it is to be specifically available with the Genesis RMN system. It includes the c-arm, powered table, motorized boom, as well as large high-definition monitors.
Stereotaxis, Inc. (STXS), closed Tuesday's trading session at $2.39, up 1.70%, on 301,895 volume with 191 trades. The average volume for the last 3 months is 78,274 and the stock's 52-week low/high is $0.63/$2.45.
University Bancorp, Inc. (UNIB)
Zacks, Speculating Stocks, Street Insider, Stock Digest, American Banker, Stockopedia, MarketWatch, Stockhouse, Marketbeat, and Dividend Investor reported previously on University Bancorp, Inc. (UNIB), and today we are highlighting the Company, here at the Quality Stocks Daily Newsletter.
University Bancorp, Inc. operates as the holding company for University Bank. The Bank provides various personal, business, as well as community banking services in the U.S. University Bancorp, Inc. owns 100 percent of University Bank which, together with its Michigan-based subsidiaries, holds and manages a total of more than $22 billion in financial assets for greater than 127,000 customers. Established in 1890, University Bancorp is headquartered in Ann Arbor, Michigan.
University Bank is the 5th largest bank based in Michigan. University Bank® is an FDIC-insured, locally owned and managed community bank. It has been selected as the "Community Bankers of the Year" by American Banker magazine and as the recipient of the American Bankers Association's Community Bank Award. University Bank is a Member FDIC.
The members of University Bank's corporate family, ranked by their size of revenues include University Lending Group (ULG). This is a retail residential mortgage originator headquartered in Clinton Township, MI; and Midwest Loan Services, a residential mortgage subservicer headquartered in Houghton, MI.
Its corporate family also includes UIF, a faith-based banking firm based in Southfield, MI; and Community Banking, based in Ann Arbor, MI. Community Banking provides traditional community banking services in the Ann Arbor area.
The corporate family additionally includes Midwest Loan Solutions, a residential mortgage correspondent lender based in Southfield, MI; and Ann Arbor Insurance Centre, an independent insurance agency based in Ann Arbor.
Recently, University Bancorp announced that University Lending Group (ULG) acquired assets including leased branch offices and hired a group of 52 employees from Huron Valley Financial, Inc. (HVF). HVF is a privately held mortgage banking firm headquartered in Ann Arbor, MI. The now allied group of employees on a combined basis was Washtenaw County's #1 locally based first mortgage loan originator in 2018 and 2017. In the transaction, ULG also acquired assets and hired the employees of HVF's reverse mortgage division, 1st Nations Reverse, and its wholesale lending division, HVF Partners.
University Bancorp, Inc. (UNIB), closed Tuesday's trading session at $8.6299, down 0.12%, on 100 volume with 1 trade. The average volume for the last 3 months is 512 and the stock's 52-week low/high is $8.25/$11.99.
Patriot One Technologies, Inc. (PTOTF)
NetworkNewsWire, Streetwise Reports, Micro Small Cap, Playstocks, Profit Confidential, Midas Letter, Stockhouse, and Insider Financial reported earlier on Patriot One Technologies, Inc. (PTOTF), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.
A technology enterprise, Patriot One Technologies, Inc. engages in the research, development, and commercialization of a system to detect concealed weapons using radar technologies. The Company's mission is to be the leading international solutions provider for public safety. It works to deliver inventive threat detection and counter-terrorism solutions for safer communities. Patriot One Technologies lists on the OTC Markets' OTCQX. The Company is based in Vancouver, British Columbia.
Patriot One aims to address the spread of active violence by way of superior detection technology that immediately identifies concealed weapons. The Company's PATSCAN™ Multi-Sensor Covert Threat Detection Platform provides a network of advanced sensor technologies with powerful next generation AI/machine learning software. This network can be covertly deployed from far perimeter to interiors across numerous weapons-restricted facilities.
The PATSCAN™ platform identifies and reports threats wherever required; car park, building approach, employee & public entryways, as well as inside the facilities. Each solution in the platform identifies weapons, related threats or disturbances for instant security response.
Patriot One Technologies and a respected university led research team have developed the foundation for portable devices and software solutions to assist military and civilian security personnel in the detection of concealed weapons. This technology is intended to be placed in key access points. It utilizes radio wave emissions to safely target, identify and notify of concealed threat potential via software recognition of specific wavelength patterns. Patriot One is commercializing its PATSCAN™ CMR technology as an automated alert system capable of covertly screening moving individuals for on-body concealed weapons. This includes handguns, knives, grenades, explosive vests, and more.
Recently, Patriot One Technologies announced a partnership with defence contractor Raytheon Canada Limited (RCL). RCL is a subsidiary of Raytheon Company (RTN). This partnership is to extend developmental innovation of Patriot One's threat detection technology and product pipeline.
RCL will fund Patriot One Technologies with $3 million CAD in non-dilutive cash financing for further development of the PATSCAN CMR. The initial program is part of a Canadian Industrial and Technological Benefits (ITB) transaction, with the potential for additional partnering with Raytheon on development and marketing initiatives.
Patriot One Technologies, Inc. (PTOTF), closed Tuesday's trading session at $1.49, even for the day, on 44,847 volume with 73 trades. The average volume for the last 3 months is 176,550 and the stock's 52-week low/high is $0.93/$2.289.
Eurosport Active World Corp. (EAWD)
Penny Stock Tweets, Wall Street Analyzer, Stockhouse, MarketWatch, InvestorsHub, Plunkett Research, The Street, Marketwired, Pink Investing, Stockopedia, Investors Hangout, Street Insider, Market Screener, Wallet Investor, Dividend Investor, and Simply Wall St reported previously on Eurosport Active World Corp. (EAWD), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
EAWC Technologies (EAWC) (also known as Eurosport Active World Corp.) is an engineering services company based in Miami, Florida. It formed as an outsourcing services green technology platform, which can provide a wide-ranging services package to measure the feasibility of the potential technological solutions for a project that looks to attain the close cycle of waste to energy and water generation via exploiting renewable technologies. EAWC lists on the OTC Markets.
EAWC notes that it is well positioned to offer engineering and technical consultancy. This is to design the most accurate renewable technology solutions to the above-mentioned problems and to leverage this fast-growing industry with numerous new markets. The Company has acquired the relevant licenses that give it the right to sell and produce the associated technologies. This is while ensuring, through its partnership with Swiss Water Tech R&D, the provision of related services. These services include Research & Development (R&D), technical maintenance, education, and training.
EAWC it is launching The Blue Aqua Mission™ System. This is a state-of-the-art German engineered Atmosphere Water Generation (AWG) technology. It is entirely powered by renewable energy. The system comprises a set of intelligent software solutions for real-time optimization of process performance. It operates by way of its own innovative self-powered system. The Blue Aqua Mission™ System focuses on real-time automated optimization of the generation of water ensuring a stable operation with water generation up to 10,000 liters of water daily.
EAWC plans to offer its Atmospheric Water Generation technological solutions by way of lease programs. The Company said that several interested parties, including South Africa, have expressed a desire to lease its technology offerings when made available. EAWC Technologies' commitment is to facilitate the access to water in a number of countries including South Africa through leasing The Blue Aqua Mission™ Systems.
In April, EAWC announced that an agreement was signed to lease its Atmospheric Water Generation technological solutions via lease programs in South Africa. This agreement to lease The Blue Aqua Mission™ System is with the private South African Company His Will Innovations. It will be the first of numerous systems planned in the region.
Mr. Ralph Hofmeier, EAWC Technologies' Chief Executive Officer, said, "This is the beginning of the company's journey to become a leader for the commercialization of energy self sufficient water solutions as well as the path to ensure an increasing operating lease revenue for the Corporation."
Eurosport Active World Corp. (EAWD), closed Tuesday's trading session at $1.15, up 9.52%, on 2,298 volume with 4 trades. The average volume for the last 3 months is 1,753 and the stock's 52-week low/high is $0.10/$3.75.
Lynas Corporation Limited (LYSCF)
StockCharts, Small Cap Network, Invest Tribune, Investor Intel, Dividend Investor, Stockhouse, TipRanks, The Street, Morningstar, Investors Hangout, Wallet Investor, Trading View, Wallmine, 4-Traders, and InvestorsHub reported earlier on Lynas Corporation Limited (LYSCF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Lynas Corporation Limited is a rare earths producer based in Malaysia. The Company, together with its subsidiaries, engages in the exploration, development, mining, extraction, and processing of rare earth minerals mainly in Australia and Malaysia. Rare earths are a group of chemical elements with unique magnetic, luminescent, and electrochemical properties. Lynas is an integrated source of rare earths from mine to customer. The Company lists on the OTC Markets.
Lynas is the world's only major producer of rare earth minerals outside of China. The materials it produces, such as neodymium-praseodymium, are used in an array of applications including electrical components and high-power magnets.
Lynas has a portfolio of aligned assets to explore, develop, mine and process rare earth minerals. These assets include Mt Weld – one of the world's highest grade rare earths mines, located 35km south of Laverton in Western Australia; and the Mt Weld Concentration Plant – commissioned in 2011 and located 1.5km from the mine site.
Assets also include the Lynas Advanced Materials Plant (LAMP). This is an integrated manufacturing facility, separating and processing rare earths materials, located in the Gebeng Industrial Estate (GIE) near the Port of Kuantan in Malaysia.
On September 2, 2014, the LAMP was granted a Full Operational Stage License (FOSL) from Malaysia's Atomic Energy Licensing Board (AELB). The LAMP is currently supplying rare earths products to customers in Japan, China, Vietnam, South Korea, Europe and North America. Lynas' Japanese customer base continues to grow strongly and now represents approximately 60 percent of sales.
Lynas Corp has signed a memorandum of understanding (MOU) with Texas-based Blue Line Corp. to set up a rare earths separation facility in the United States. Lynas and Blue Line will cooperate over the next year to develop the processing facility in Texas. The venture will be majority owned by Lynas.
Moreover, Lynas plans to spend A$500 million ($345.50 million) by 2025 to boost production and set up an initial processing facility in Western Australia. This plan also includes investing in its processing facility in Malaysia.
Lynas Corporation Limited (LYSCF), closed Tuesday's trading session at $1.7625, up 15.95%, on 785,837 volume with 488 trades. The average volume for the last 3 months is 51,779 and the stock's 52-week low/high is $1.05/$1.95.
PASSUR Aerospace, Inc. (PSSR)
Zacks, Stockhouse, Wallet Investor, Journal Transcript, Investors Hangout, OTC Markets, Stockwatch, Marketbeat, The Street, Market Screener, Simply Wall St, and Trading View reported previously on PASSUR Aerospace, Inc. (PSSR), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
PASSUR Aerospace, Inc.'s corporate mission is to improve global air traffic efficiencies through connecting the world's aviation professionals onto a single aviation intelligence platform. The Company is a worldwide leader in digital aviation operational excellence. PASSUR provides predictive analytics and decision support technology for the aviation industry, mainly to improve the operational performance and cash flow of airlines and the airports where they operate. Established in 1967, PASSUR Aerospace is headquartered in Stamford, Connecticut.
The Company's information solutions are used at the five largest North American airlines, by greater than 60 airport customers, and used at the top 30 North American airports, by more than one hundred business aviation customers, and by the U.S. government. PASSUR owns and operates the largest commercial passive radar network in the world. It provides aircraft position updates every 1 to 4.6 seconds, powering a proprietary database, which is accessible in real-time, and delivers timely and accurate information and solutions through the Company's industry leading algorithms and business logic included in its products.
Furthermore, 53 percent of all U.S. domestic commercial flights are managed with PASSUR predictive analytics for predicted arrival times, by using years of archived data, and real-time airspace analysis. This enables airlines and airports to always be ready for the aircraft. PASSUR maximizes airspace, runways, and gate usage, by employing predictive analytics to ascertain how airports should be configured to get the most out of their capacity. The Company helps airlines, airports, and air traffic control prioritize departures to maximize capacity and minimize delays, by helping to ensure that all three stakeholders work together with the most accurate, timely information.
This past February, PASSUR® Aerospace announced it contracted with Aeromexico for implementation of the Company's main suite of traffic management optimization capabilities. This is part of Aeromexico's long-term strategic investments in the growth of its main hub operation. PASSUR will be implementing many of the core elements of its PASSUR Integrated Traffic Management (PITM) platform, adapted from its original U.S. configuration, for customers in Canada, Western Europe, and now Latin America.
Primary areas of the Company's capabilities (software, concepts of operation, best practices training) to be provided include advanced flight trajectory prediction; airport capacity enhancement; demand and capacity forecasting tools; and collaborative airport surface flow management programs.
In March, PASSUR® Aerospace announced Revenues of $3,656,000 for the three months ended January 31, 2019, versus $3,513,000 for the same period in Fiscal Year 2018. This represents an increase of $143,000, or 4 percent. This was mainly because of an increase in Subscription Revenue of $91,000 and Consulting Revenue of $52,000.
PASSUR Aerospace, Inc. (PSSR), closed Tuesday's trading session at $1.55, up 6.90%, on 3,000 volume with 1 trade. The average volume for the last 3 months is 1,066 and the stock's 52-week low/high is $1.05/$1.89.
Rubicon Organics, Inc. (ROMJF)
Stock Alert, TheCannalysts, CannabisFN, Spotlight Growth, CannabisMarketCap, Investor News, Stockwatch, The Street, Stockhouse, Investorx, Green Market Report, Pot Stock News, and Investor Ideas reported previously on Rubicon Organics, Inc. (ROMJF), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
OTCQX-listed, Rubicon Organics, Inc. is a super-premium, organic cannabis producer. It has operations in Canada, Washington and California. The Company produces and sells cannabis in Canada. In addition, it leases custom built facilities; and provides brand licensing to cannabis producers and processors in Washington and California. The Company has two world-renowned facilities and a portfolio of top cannabis brands. Established in 2015, Rubicon Organics is headquartered in Vancouver, British Columbia.
The Company's team wrote the first organic regulatory standard for certified organic cannabis production. Its team includes world-class cannabis, CPG (Consumer Packaged Goods), and finance experts. Rubicon has custom designed facilities in the best growing climates and distinguished brands in influential markets. Moreover, the Company has multi-jurisdictional operations and sales and a European distribution partnership secured.
Rubicon Organics is a Licensed Producer (LP) centered on building super-premium organic cannabis brands and its flagship Canadian facility is a 125,000 sq. ft. state-of-the-art hybrid greenhouse with industry leading LED lighting. It is located on a 20-acre property in Delta, British Columbia.
Rubicon's Washington facility is a newly built, 40,000 sq. ft. hybrid greenhouse and extraction facility. The Company has started production in both facilities with a combined Phase I capacity of 15,500 kg per year. This includes 4,500 kg leased to a Washington State licensed operator applying Rubicon's proprietary organic cultivation methods. Additionally, Rubicon owns two award-winning U.S. cannabis brands. These are 1964 Supply Co.™ in California, and Doctor & Crook Co.™ in Washington.
Recently, Rubicon Organics announced the successful completion of the first commercial scale, organic harvest at its newly constructed 40,000 sq. ft. hybrid facility in Ferndale, Washington. The Washington Facility is a high-tech, venlo-style greenhouse. It is located on 16.6 acres of industrial land in Ferndale, Washington. Rubicon has leased the Washington Facility to an I-502 Tier 3-licensed tenant in compliance with the Washington State Liquor and Cannabis Board.
Rubicon Organics will participate at the Cowen's Toronto Cannabis Summit in Toronto, Ontario. Tomorrow, May 22nd, Mr. Jesse McConnell, Chief Executive Officer and Co-Founder of Rubicon Organics, will participate in a panel discussion regarding "Clean Cultivation" and attend one-on-one meetings. Rubicon Organics will participate in a product expo.
Rubicon Organics, Inc. (ROMJF), closed Tuesday's trading session at $2.24911, down 2.64%, on 10,350 volume with 9 trades. The average volume for the last 3 months is 4,157 and the stock's 52-week low/high is $1.298/$2.50.
SCI Engineered Materials, Inc. (SCIA)
Zacks, Simply Wall St, Stockopedia, Marketwired, Market Screener, Morningstar, GuruFocus, 4-Traders, The Street, Marketbeat, Street Insider, YCharts, Last10k, Wallet Investor, InvestorsHub, MarketWatch, Dividend Investor, Financial Content, and Investors Hangout reported beforehand on SCI Engineered Materials, Inc. (SCIA), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
SCI Engineered Materials, Inc. is a worldwide supplier and manufacturer of advanced materials for physical vapor deposition (PVD) thin film applications. The Company works closely with end users and original equipment manufacturers (OEMs) to develop unique, customized solutions. SCI offers ceramic targets, metal sputtering targets, and backing plates for use in semiconductors, flat panel displays, photonics, glass, thin film batteries, transparent electronics, and thin film solar products. Established in 1987 and OTCQB-listed, SCI Engineered Materials has its corporate office in Columbus, Ohio.
The Company's materials are used to produce nano layers of metals and oxides for advanced material systems. In addition, they are used in applying decorative coatings for end uses, including sink faucets to produce diverse electronic, photonic, and semiconductor products.
SCI serves domestic and multi-national corporations, universities, and research institutions. The Company distributes its products directly, and via independent manufacturers' representatives in the U.S.; and independent distributors and manufacturers' representatives globally.
In December 2018, SCI Engineered Materials announced it plans to commence manufacturing thin film solar products in China beginning about mid-year 2019. With a joint agreement with publicly-owned Konfoong Materials International Co., LTD (KFMI), KFMI will bond rotatable thin film solar Aluminum Zinc Oxide (AZO) cylinders produced in Columbus, Ohio for thin film solar customers in China.
Furthermore, SCI Engineered Materials will transfer its bonding technology for rotatable sputtering targets. KFMI will invest in new equipment for this manufacturing process. SCI's products for photonics and thin film solar customers in areas other than China will continue to be bonded at its manufacturing facility in Columbus, Ohio.
This past February, SCI Engineered Materials reported record Net Income for the twelve months and three months ended December 31, 2018. Revenue rose 67 percent to $11,361,575 for 2018 in comparison to the prior year. Income Applicable to Common Shares increased to a record $883,717 from a loss of $18,061 in 2017.
Mr. Dan Rooney, Chairman and Chief Executive Officer of SCI Engineered Materials, stated, "Our record results for 2018 were driven by a significant increase in shipments of thin film solar products and solid growth in our photonics business. In response to this sharp rise in demand, we worked diligently to increase our manufacturing output, which benefited gross profit and better positions us to scale our operations going forward."
SCI Engineered Materials, Inc. (SCIA), closed Tuesday's trading session at $3.00, up 13.21%, on 5,531 volume with 15 trades. The average volume for the last 3 months is 2,690 and the stock's 52-week low/high is $1.05/$4.75.
Smoke Cartel, Inc. (SMKC)
NetworkNewsWire, Stockwatch, 4-Traders, InvestorsHub, The Street, Penny Stock Hub, Stock News Feed, Wallmine, OTC Markets, Stockhouse, Street Insider, Investors Hangout, Dividend Investor, Trading View, MarketWatch, GlobeNewswire, Stockopedia, Wallet Investor, GuruFocus, and Morningstar reported earlier on Smoke Cartel, Inc. (SMKC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Smoke Cartel, Inc. is a top online retailer and wholesaler of glass water pipes, vaporizers, and other related accessories for the cannabis industry. In 2014, the Company commenced operations in the State of Georgia. It was formerly known as Lemont, Inc. In August 2017, it changed its corporate name to Smoke Cartel, Inc. Smoke Cartel is headquartered in Savannah, Georgia and lists on the OTC Markets.
Smoke Cartel operates in varied verticals within the online headshop industry. This consists of, but is not limited to, the sales of consumer products via online retail, sales of wholesale products to other retailers, the design and manufacturing of branded products, and shipping and fulfillment services. The Company's retail division has greater than 90,000 customers in 44 nations.
Smoke Cartel earlier acquired and undertook the integration of UPC Distribution into Glassheads Distribution, the wholesale division of Smoke Cartel. It then rebranded its Glassheads Distribution division as Smoke Cartel Wholesale. Furthermore, it acquired and integrated Early Bird Distribution and all of its brands. Therefore, this expanded Smoke Cartel into new markets, such as the pet industry.
Smoke Cartel has covered a wide niche of glassware. The Company's plan is to focus on non-glass products and accessories in the future to expand product selection and to reach new markets. Smoke Cartel currently has nine branded product lines to serve diverse demographics in the smoking accessory marketplace.
Smoke Cartel has launched AskVape.com. This is a one-stop online vape shop. The site offers vaporizers, e-juice, vape parts, and accessories all in one convenient location.
Recently, Smoke Cartel announced that it re-released MidnightToke.com as a female-friendly cannabis culture storefront. MidnightToke.com was bought with a bundle of domains as part of a KushCo Holdings, Inc. purchase agreement in 2018. Midnight Toke has undergone re-launch to capture the attention of female cannabis consumers.
Smoke Cartel has released WeedAlmighty.com as a cannabis content and gaming platform. WeedAlmighty.com is the Company's latest website launch. It centers on a trendy cannabis audience through using astute plays on common-use online gaming and modern content news. WeedAlmighty is a new place in the industry for the latest cannabis news, cannabis lifestyle information, as well as culture articles.
Smoke Cartel, Inc. (SMKC), closed Tuesday's trading session at $0.82, up 2.50%, on 2,000 volume with 3 trades. The average volume for the last 3 months is 1,164 and the stock's 52-week low/high is $0.51/$4.84.
Energy Services of America Corp. (ESOA)
MicroCap Spotlight, Wallet Investor, GuruFocus, MarketWatch, Marketbeat, 4-Traders, Stockhouse, OTC Markets, TradingView, Real Pennies, Market Exclusive, Dividend Investor, Capital Cube, Streetwise Reports, and Barchart reported earlier on Energy Services of America Corp. (ESOA), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Energy Services of America Corp. provides contracting services for energy related companies. The Company chiefly serves the gas, petroleum, power, chemical, and automotive industries. It also does some other incidental work including water and sewer projects. Energy Services of America is the parent company of C.J. Hughes Construction Company and Nitro Electric Company. Energy Services of America is based in Huntington, West Virginia and the Company lists on the OTCQB.
C.J. Hughes Construction Co, Inc. was established 70 years ago in West Virginia. C. J. Hughes Construction is one of the region's foremost underground pipeline, utility, and facility construction contractors. C.J. Hughes provides an array of specialized services to the natural gas, petroleum, and water/wastewater industries.
Nitro Construction Services is a "full service" electrical contractor. Nitro provides high voltage, general power/control and instrumentation services. Since 2004, it has grown its Mechanical Services to include pipe fabrication, pipe erection, HVAC/R, as well as millwright services.
Energy Services of America builds, but does not own, natural gas pipelines for its customers. These pipelines are part of interstate and intrastate pipeline systems, which move natural gas from producing areas to consumption areas. Additionally, the Company builds and replaces gas line services to individual customers of the different utility companies. Most of its customers are in West Virginia, Virginia, Ohio, Pennsylvania, and Kentucky.
Concerning the gas industry, Energy Services of America primarily engages in the construction, replacement, and repair of natural gas pipelines and storage facilities for utility companies and private natural gas companies. It engages in the construction of interstate and intrastate pipelines, with a focus on intrastate pipelines.
Energy Services of America provides a variety of services to the oil industry relating to pipeline, storage facilities, and plant work. For the power, chemical, and automotive industries, it provides a whole range of electrical and mechanical installations and repairs. These include substation and switchyard services, site preparation, equipment setting, pipe fabrication and installation, packaged buildings, transformers, and other ancillary work pertaining to these.
The Company's other services include liquid pipeline construction, pump station construction, production facility construction, and water and sewer pipeline installations. Moreover, other services include different maintenance and repair services and other services related to pipeline construction.
Recently, Energy Services of America announced the filing of its quarterly report on Form 10-Q for the quarter ended December 31, 2018. The Company earned Revenues of $49.1 million for the three months ended December 31, 2018. Net Income available to Common Shareholders was $554,000 for the three months ended December 31, 2018. The Company had adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $2.1 million ($0.15 per share) for the three months ended December 31, 2018. The backlog at December 31, 2018 was $59.3 million.
Energy Services of America Corp. (ESOA), closed Tuesday's trading session at $0.89, up 4.71%, on 8,496 volume with 6 trades. The average volume for the last 3 months is 11,370 and the stock's 52-week low/high is $0.73/$1.389.
Golden Predator Mining Corp. (NTGSF)
Penny Stock Hub, Mining Stock Valuator, Morningstar, Market Screener, OTC Markets, Barchart, The Street, Stockhouse, Gold Investment Letter, Junior Mining Network, 4-Traders, Investors Hangout, and Dividend Investor reported previously on Golden Predator Mining Corp. (NTGSF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Golden Predator Mining Corp. acquires and explores for mineral properties in the United States and Canada. It concentrates on its district scale, orogenic gold-in-quartz 3 Aces Project in the Yukon. The Company formerly went by the name Northern Tiger Resources, Inc. It changed its corporate name to Golden Predator Mining Corp. in April 2014. Golden Predator Mining is headquartered in Vancouver, British Columbia and lists on the OTC Markets' OTCQX.
The 3 Aces Project hosts the two highest grade surface outcrops discovered to date in the Yukon. The 100 percent owned 3 Aces Project is 357 km2 (35,700 hectares). It is a high-grade gold project (Orogenic Gold Model).
The 3 Aces Project includes at least 6 mineralized areas. These are all located within and along favorable stratigraphic and structural zones that extend more than 35km along trend. Several mineralized veins have been discovered so far. Many have visible gold occurrences.
Golden Predator Mining also holds 100 percent of the advanced Brewery Creek Project in the Yukon. The Brewery Creek Mine is operated by the Company. The target at the Brewery Creek Mine is an intrusion related gold deposit. The Brewery Creek Mine is 55km east of Dawson in the northwestern region of the Yukon.
Golden Predator Mining announced this past January results of the 2018 drill program in the Central Core Area at the 3 Aces Project in southeast Yukon, which was completed to test for extensions of the high grade structures outcropping in the Hearts Zone. Seven HQ diamond drill holes consistently intercepted two parallel, closely spaced gold-bearing structures along 220m of strike and 500m down dip from the Hearts discovery outcrop. This was the deepest drilling so far on the project. The structures in the Hearts Zone continue to be open in all directions along strike and at depth.
In February, Golden Predator Mining reported that roughly 6 percent of the 9,800 metric tonne 2018 bulk sample, from the Spades Zone at the 3 Aces Project was successfully processed at the Company-owned test processing plant in Q4 2018. Two concentrates were produced. Number 1 concentrate was poured into a 13,261.5 gram doré bar and shipped to Asahi Refinery in the Province of Ontario. There, it yielded 365 troy ounces of gold (86.28 percent gold) and 34 troy ounces silver (7.63 percent silver) providing a return of $471,386 USD ($623,823 CDN).
Furthermore, 658.1 kilograms (kg) of Number 2 concentrate was recovered and remains in inventory at the plant for ensuing processing. Processing of the bulk sample material uses water and gravity only.
Moreover, in February, Golden Predator Mining announced plans for its exploration and drilling program in the Central Core Area of its 3 Aces Project in southeast Yukon. This program will center on following up the success of last year's work that extended the high-grade Hearts Zone down dip and along strike towards the Clubs Zone. The expectation is that bulk sampling will enable the 2019 3 Aces exploration program to be self-funding.
Golden Predator Mining Corp. (NTGSF), closed Tuesday's trading session at $0.13765, up 5.88%, on 8,042 volume with 5 trades. The average volume for the last 3 months is 39,285 and the stock's 52-week low/high is $0.129/$0.388.
Data Storage Corp. (DTST)
Buzz Stocks, Stock Guru, Planet Penny Stocks, PennyStocks24, Priceless Penny Stocks, Stock Twiter, SecretStockPromo, Stock Onion, EpicVIP Group, Penny Picks, Penny Stock Prophet, Bull Trends, Information Solutions Group, Stock Mister, Real Pennies, Epic Stock Picks, TopPennyStockMovers, Wolf of Penny Stocks, Actual Gains, Penny Stock Rumors, Penny Pick Finders, Rocking Penny Stocks, Penny Dreamers, and Alpha Penny Stock reported beforehand on Data Storage Corp. (DTST), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Data Storage Corp. provides cloud-based technology solutions. The Company provides hardware, software-as-a-service (SaaS), managed IT (Information Technology) services, installation, and maintenance, centered on compliance, message archiving, analytics, disaster recovery, and business continuity. Message Logic is a business unit of the Company. OTCQB-listed, Data Storage has its corporate office in Melville, New York.
A Cloud Services Provider, the Company has acquired ABC Services and ABC Services II (a 25-year provider of IBM equipment, IAAS, managed and professional services) including the remaining 50 percent ownership of Secure Infrastructure and Services. With this acquisition, Data Storage expands its current solutions.
Data Storage provides its solutions and services through taking advantage of top technologies. These include virtualization, cloud computing, and cloud storage. The Company created Nexxis, Inc. This subsidiary concentrates on the development of next-generation voice and data services intended to help companies speed up their communications, increase revenue, and reduce costs.
Data Storage's solutions include offsite data protection and recovery services, High Availability (HA) replication services, email compliance solutions for e-discovery, continuous data protection, data de-duplication, virtualized system recovery, and telecommunications recovery services. The Company's Message Logic business unit delivers regulatory compliant email archiving and analytics to enterprises around the world.
Message Logic's MLArchiver provides a solution uniting archiving, records management, eDiscovery, and analytics to deliver a new level of advanced capabilities. Additionally, Data Storage's Secure Infrastructure & Services focuses on providing infrastructure as a service (IAAS). It specializes in power systems, iseries and AS400 users.
At the end of January, Data Storage announced that it received a $3.5 million contract to provide state-of-the-art data protection services at its newest data center located in North Carolina. By way of its partnership programs, Data Storage was chosen to provide its ezMirror real-time replication program as the ideal solution for the client's significant data protection requirements. ezMirror offers automated real-time replication that keeps data in sync with minimum management and near-zero data loss, permitting fast recovery in the event of a disaster. ezMirror will provide the apparel retailer state-of-the-art data protection requirements for their mission-critical IBM i and AIX applications.
Data Storage Corp. (DTST), closed Tuesday's trading session at $0.1805, up 5.87%, on 400 volume with 2 trades. The average volume for the last 3 months is 11,977 and the stock's 52-week low/high is $0.113/$0.239.
Khiron Life Sciences Corp. (KHRNF)
Capital Network, Wallmine, OTC Markets, Wallet Investor, Investing News, Barchart, Morningstar, InvestorsHub, Pot Network, Penny Stock Hub, Stockwatch, Stockhouse, Midas Letter, Investors Hangout, TradingView, Proactive Investors, MarketWatch, Market Screener, and GuruFocus reported beforehand on Khiron Life Sciences Corp. (KHRNF), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Khiron Life Sciences Corp. is a Canadian integrated medical cannabis business. The Company has its core operations in Colombia. Khiron is fully licensed in Colombia for the cultivation, production, domestic distribution, and international export of tetrahydrocannabinol (THC) and cannabidiol (CBD) medical cannabis. Khiron Life Sciences is headquartered in Toronto, Ontario and it also has an office in Bogota, Colombia. The Company's shares trade on the OTCQB.
Khiron Life Sciences combines worldwide scientific expertise, agricultural advantages, branded product market entrance experience and education to grow prescription and brand loyalty to address priority medical conditions. These conditions include chronic pain, epilepsy, depression and anxiety in the Latin American market. The Company is establishing research partnerships with some of Colombia's top medical associations – the Colombian Association of Neurology being one of them.
Khiron also has the advice of the best laboratories from Israel and Canada in genetics and, production and clinical data of medical cannabis. Concerning the cultivation process and product development, it has developed a temperature, humidity, and air circulation control system, which ensures that the plant grows in a controlled natural environment. Its cultivation is hydroponic.
Khiron Life Sciences announced this past January that it entered into a binding letter agreement, dated January 24, 2019, to acquire 100 percent of NettaGrowth International, Inc. (NettaGro), an arm's length party that will own, at the time of completion of the transaction, all the outstanding shares of Dormul S.A. (d/b/a Cannapur). Dormul has obtained the first license to produce medical cannabis with THC for commercialization in Uruguay.
Dixie Brands, Inc. and Khiron Life Sciences signed a definitive agreement relating to the joint venture (JV) the companies announced on January 30, 2019. With the execution of this Agreement, a new company named Dixie Khiron JV Corp. (Dixie-Khiron) was established, 50 percent owned by each of Dixie Brands and Khiron Life Sciences. Dixie Brands is one of the cannabis industry's foremost consumer packaged goods (CPG) companies.
Dixie-Khiron will leverage the complementary strengths of both companies to manufacture and distribute cannabis-infused products to the Latin American market. With this Agreement, Dixie Brands will also manufacture and distribute Khiron's Kuida® brand of cannabidiol (CBD)-based cosmeceuticals in the U.S. The expectation is that Kuida will be widely distributed. It is anticipated to have particular appeal to the growing U.S. Hispanic population, estimated at close to 60 million.
Khiron Life Sciences Corp. (KHRNF), closed Tuesday's trading session at $2.42, up 0.83%, on 53,611 volume with 107 trades. The average volume for the last 3 months is 381,982 and the stock's 52-week low/high is $0.664/$3.28.
K92 Mining, Inc. (KNTNF)
Hotstocked, Stockhouse, MarketWatch, InvestorsHub, Barchart, OTC Markets, The Prospector News, Future Money Trends, Resource Stock Digest, TradeKing, Investors Hangout, GuruFocus, Marketwired, YCharts, Dividend Investor, and Morningstar reported earlier on K92 Mining, Inc. (KNTNF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
K92 Mining, Inc. engages in the exploration and development of mineral deposits in Papua New Guinea. It has commenced gold production from the Irumafimpa Gold Deposit that together with the Kora Gold Deposit is part of its Project located in the Eastern Highlands province of Papua New Guinea. K92 Mining is based in Vancouver, British Columbia and the Company lists on the OTC Markets' OTCQX.
Kainantu highlights include existing infrastructure. This includes underground mine development, a mill processing facility, staff housing, a licensed tailings pond, office space, paved access roads, and a reliable hydro supply via a dedicated power line. The Kainantu property covers a total area of roughly 410km2.
Kainantu highlights also include USD $41.3 million invested in exploration drilling and definition drilling. The current resource estimate is based on 78,935m of drilling through 767 drill holes. The Process Mill earlier successfully treated the initial batch of underground ore delivered from Irumafimpa, with concentrate now produced.
There exists a major opportunity to expand known zones of mineralization, and for the discovery of new ore bodies. K92 Mining reached and declared commercial production, effective February 1, 2018, at its Kainantu Gold Mine in Papua New Guinea.
Last month, K92 Mining announced results from the continuing diamond drilling of the Kora North Extension of the Kainantu gold mine in Papua New Guinea.
Mr. John Lewins, K92 Chief Executive Officer and Director, stated, "These latest results have once again confirmed the remarkable continuity of the high-grade K1 and K2 vein systems within the Kora deposit. The holes are primarily intended to upgrade the known resource and provide grade control information for mine planning. The results include two exceptional holes: KMDD0126 with a K1 intersection of 7.45 meters at over 118 g/t AuEq (one of the highest grades recorded), and KMDD0122 with a K1 intersection of 18.6 meters at 11.56 g/t AuEq (one of the widest intersections recorded to date)."
Recently, K92 Mining announced the start of the expansion of the Kainantu Gold Mine to double present capacity to 400,000 tonnes per annum, increasing annual production to an average of 120,000 ounces of gold equivalent (ozs AuEq). As part of the expansion, K92 Mining recently purchased two Caterpillar AD45 Low Profile trucks for underground operations. The first truck is expected on site before the end of this month and the second soon thereafter.
The expansion decision follows the completion of the PEA (Preliminary Economic Assessment) in January. The PEA showed a strong project capable of producing close to 650,000 ozs Au and 10,000 tonnes of copper over the next five years and more than 1.3 million ozs and 60,000 tonnes of copper over a 13-year life.
K92 Mining, Inc. (KNTNF), closed Tuesday's trading session at $1.14, up 2.70%, on 101,576 volume with 63 trades. The average volume for the last 3 months is 123,933 and the stock's 52-week low/high is $0.502/$1.35.
The QualityStocks Company Corner
- Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF)
- Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF)
- Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P)
- Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF)
- Marijuana Company of America Inc. (MCOA)
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
- TransCanna Holdings Inc. (CSE: TCAN)
- Genprex Inc. (NASDAQ: GNPX)
- Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
- Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)
- SinglePoint, Inc. (SING)
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF)
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) co-founder and CEO Jake Heimark presented at Canaccord Genuity's Third Annual Cannabis Conference on May 14, held in New York City. He also planned to meet with investors. PLUS products had received a favorable 'Speculative Buy' rating from Canaccord Genuity ("CG"), which discussed the company's planned move into baked goods and mints, as well as its expansion to retailers beyond its exclusive California base (http://nnw.fm/9G0zs). Baked goods account for about 10 percent of cannabis edibles sales in California (http://nnw.fm/D4p32).
Plus Products Inc. (CSE: PLUS) (OTC: PLPRF) is a branded cannabis-infused products manufacturer of edibles created to support a healthy and active lifestyle. Headquartered in San Mateo, California, PLUS™ concentrates on producing edibles using extracts to ensure compliant, dosable and delicious products that provide a consistent cannabis experience.
First introduced to the market in 2015 to rave reviews, PLUS™ is now one of the top best-selling edible brands in California. PLUS™ operates through a wholly owned subsidiary, Carberry, and has four cannabis-infused gummy candy SKUs (in addition to limited edition SKUs), that are currently sold in over 200 licensed dispensaries and delivery services. All products under the PLUS™ brand are produced in the company’s 12,000-square-foot food-safe cannabis manufacturing facility in Adelanto, California.
PLUS Products shares are currently listed on the Canadian Securities Exchange. PLUS™ raised CAD$20 million through the offering, for which the lead underwriters were PI Financial and Canaccord Genuity. The company intends to use a portion of the IPO proceeds to fund rapid product capacity expansion, factory automation, working capital and new product development.
Operating in the largest adult-use recreational market in the U.S., PLUS Products holds a temporary manufacturing license in California and was one of the first brands to bring fully compliant products to the legal market. California legalized adult use recreational sales on Jan. 1, 2018, and industry analysts expect edible sales there will continue to amass enviable revenues. According to BDS Analytics, edibles made up 18 percent of marijuana retail sales in February 2018 across licensed retailers in California, with PLUS™ products ranking in the Top 10 of edible brands by retail dollar sales.
During the first half of 2018, PLUS Products generated US$2.45 million in sales, a marked improvement over 2017’s US$1.07 million in sales. The company’s established cannabis products are not only compliant with state laws, they are proving to be extremely popular with consumers. Among the PLUS™ product brands are:
- Blackberry & Lemon RESTORE, an infusion of carefully dosed cannabis with a 9:1 THC to CBD per gummy.
- Sour Watermelon UPLIFT, a low-calorie gummy crafted from carefully dosed cannabis with an infusion of 5mg THC per gummy.
- Pineapple & Coconut CBD RELIEF, a tropical flavor gummy made from pure cannabis-derived CBD that is low-calorie, gluten-free and made with kosher ingredients.
- Sour Blueberry CREATE, a low-calorie gummy infused with hybrid flower containing 5 mg THC.
- Limited Edition Rose & Vanilla, available at select locations during Winter 2018, these gummies are crafted with 60 mg THC/30 mg CBD per tin.
- Limited Edition RAINBOW SORBET gummies was created to celebrate Pride during Spring 2018 with a portion of each purchase donated to The Trevor Project, a confidential suicide hotline for LGBT youth.
“We are extremely proud of the products PLUS has brought to market,” remarked Jake Heimark, CEO and cofounder in a statement. “We’ve quickly grown into one of the leading edible brands in California. With the proceeds of this round, we will continue to further our mission: to make cannabis safe and approachable for all types of consumers.”
The PLUS™ team believes that everyone deserves access to consistent, dosable and delicious cannabis products and strives to make that happen. Producing the best infused products at scale requires thoughtful collaboration among experts in many fields. At PLUS™, our team is comprised of Chefs, Chemists, Food Manufacturing Experts, Engineers, Machinists, Visionaries, Creatives, Strategists and others.
Plus Products Inc. (PLPRF), closed the day's trading session at $3.6359, up 0.44%, on 139,504 volume with 325 trades. The average volume for the last 3 months is 73,462 and the stock's 52-week low/high is $2.81/$6.01.
- Plus Products Inc.'s (CSE: PLUS) (OTCQB: PLPRF) CEO Presents at Canaccord Genuity's Annual Cannabis Conference
- Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Unveils New Leadership, Product Innovation; Anticipates Continued Growth in 2019
- 420 with CNW – Medical Cannabis Home Delivery Service Begins in Michigan
Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF)
Canopy Rivers Inc. (TSXV: RIV) (OTC: CNPOF) is pleased to share that its portfolio company, Agripharm Corp. ("Agripharm"), has received its outdoor cultivation license from Health Canada. Agripharm will be growing its first outdoor crop this summer at its Creemore, Ontario location using award-winning genetics. Also today, the company was featured in the 420 with CNW by CannabisNewsWire. When Proposition 64 was passed, one of its "key" promises was that local authorities would have the right to decide whether to license recreational cannabis businesses within their jurisdictions or not. About 70 percent of all cities and counties have opted to ban recreational cannabis sales within their jurisdictions, and this has hampered the growth of the cannabis industry. Now some lawmakers are proposing that this tenet of Prop 64 be changed to rein in the power of local authorities on the matter. Several arguments have been presented in favor of and against this suggestion.
Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers collaborates with Canopy Growth to identify strategic counterparties seeking financial and/or operating support. Headquartered in Toronto, Canada, Canopy Rivers has developed an ecosystem of complementary cannabis operating companies operating throughout the cannabis value chain.
Canopy Rivers, in collaboration with Canopy Growth, has established a diverse portfolio of cannabis industry investments that includes domestic and international companies, licensed producers, late-stage licensed producer applicants, pharmaceutical formulators, brand developers and distributors, retail networks, and technology and media platforms. Investments are customized for each counterparty and include a balanced mix of equity, debt, royalty and profit-sharing agreements.
Canopy Rivers’ expanding portfolio includes:
- Agripharm Corp. (private) is an ACMPR licensed producer, acquired by Canopy Growth in January 2017. In November 2017 Agripharm completed a joint venture with globally recognized partners Green House Seeds and Organa Brands. Canopy Growth has sublicensed proprietary technology, trademarks, genetics, know-how and other intellectual property from Agripharm to distribute the suite of Green House and Organa Brands products across the country, when permissible.
- CanapaR Corp. (private) owns 80% of CanapaR Italy, a Sicily-based company focused on developing and commercializing Italy’s local hemp cultivation industry through its partnership with the renowned Department of Agriculture at the University of Catania and its rapidly building extraction capabilities for the production of organic CBD oil. CanapaR Italy’s outsource farming model with local Sicilian farmers and its university partnership will provide it with a low-cost source of organic CBD oil, which is increasingly used as an input into new commercial products in the growing health and wellness industries.
- Civilized Worldwide Inc. (private), is a media and lifestyle brand with offices in New Brunswick and California that embraces and highlights modern cannabis culture. Civilized aims to engage the millions of productive, motivated people who choose to enjoy cannabis responsibly as part of their lifestyle. Reaching 2+ million unique visitors per month, North America-wide, Civilized produces engaging content for and about people who enjoy cannabis responsibly.
- James E. Wagner Cultivation Ltd. (TSXV:JWCA) was founded in 2007 by third generation agricultural and cannabis cultivators. JWC is the first entirely aeroponic producer of cannabis in Canada, and its patent-pending aeroponic production technology, called GrowthStormTM, allows for perpetual harvesting and improved yields. The company was issued a license to cultivate from Health Canada in January 2017 and a subsequent sales license in March 2018.
- LiveWell Foods Canada Inc. (TSXV:LVWL) was established in 1993 as a nutritional lifestyle company, and operates in the production of fresh produce and food technology. The company’s O-Hemp division distributes bulk and retail hemp products through its existing channel partners. LiveWell entered into a strategic agreement with Canopy Rivers and Canopy Growth in April 2018.
- PharmHouse (private) is a joint venture between Canopy Rivers and the principals and operators of leading North American greenhouse produce companies. PharmHouse has arranged to acquire a newly built 1.3-million-square-foot greenhouse located in Leamington, Ontario.
- Radicle Cannabis Inc. (private) is an ACMPR-licensed cannabis company based in Hamilton, Ontario backed by a management team that brings extensive experience in regulated industries, retail distribution, tobacco and pharmaceutical development, as well as Award-winning cannabis horticulturist breeders and medical professionals.
- Solo Growth (TSXV:ALZ) is a new cannabis retail concept that will operate locations under the name “YSS by Solo,” relying on the expertise of a management team comprised of founding shareholders, senior officers and board members of Solo Liquor Stores Ltd., a leading Canadian liquor retailer. Solo Growth was established through a recapitalization of Aldershot Resources Ltd.’s corporate structure that will allow the company to execute a new retail-focused cannabis business strategy.
- Spot Therapeutics Inc. (private) is an applicant that was acquired by Canopy Growth in August 2017 to solidify its Maritimes expansion strategy and less than four weeks later Canopy Growth signed a supply MOU with the New Brunswick government. Canopy Rivers purchased the property and entered into a long-term lease and committed funding agreement with Canopy Growth.
- TerrAscend Corp. (CSE:TER) cultivates high-quality cannabis in an indoor hydroponic facility, backed by a strategic investor boasting a strong background in the pharmaceutical space and an extensive portfolio of specialty pharma assets.
- Vert Mirabel (private) is a joint venture that was established in December 2017 between Canopy Rivers, Canopy Growth, and Les Serres Stephane Bertrand. Bertrand is a large-scale greenhouse operator located in Mirabel, Quebec, and the largest grower of pink tomatoes in the country. With guidance and assistance from Canopy Growth, the greenhouse has been upgraded and retrofitted for cannabis production and was licensed by Health Canada in May 2018.
As the company’s portfolio continues to develop, each constituent benefits from opportunities to collaborate with Canopy Growth and among themselves. Canopy Rivers believes this formula results in an ideal environment for innovation, synergy and value creation for Canopy Rivers, Canopy Growth and across the entire Rivers ecosystem.
Canopy Rivers is led by an experienced team of qualified financial and technical professionals with deep industry experience and relationship networks. The company’s acting CEO and chairman is Bruce Linton, CEO of Canopy Growth and founder of Tweed Marijuana.
Canopy Rivers Inc. (TSX.V: RIV), closed the day's trading session at $4.54, up 4.61%, on 463,480 volume with 923 trades. The average volume for the last 3 months is 519,749 and the stock's 52-week low/high is $2.40/$11.82.
- Canopy Rivers Portfolio Company Agripharm Awarded Outdoor Cultivation Licence
- 420 with CNW – Should California Reverse its Promise to Give Local Authorities Control Over Marijuana Businesses?
- Canopy Rivers Backs BioLumic - Shines Light on New AgTech for the Medical Cannabis Industry
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF)
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) was highlighted today in a publication from Financialnewsmedia.com, examining how cannabis cultivation operations are exploding in both Canada and the U.S. due the projected demand and potential shortages if operations are not increased.
Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF), is committed to providing premium brands and products that reflect the company’s knowledgeable customers, passionate employees, and culture of innovation. Supreme Cannabis’ mission is to grow the world’s best cannabis and become a leader in the global industry. The company calls its Toronto Venture Exchange stock symbol FIRE “a testament to our passion for cannabis and our obsession with quality.”
Supreme Cannabis believes the world is ready to follow Canada’s lead by ending the 100-year cannabis prohibition and, as Canada’s only coast-to-coast premium cannabis producer, the company sees itself at the center of this global shift.
In August 2018, Supreme Cannabis uplisted its shares to the to OTCQX market in the U.S., where the company trades under the ticker symbol SPRWF. The following month Supreme reported record Q4 revenues of CAD$3.55 million, a 71-percent increase over the previous quarter. Supreme Cannabis also recorded revenue of CAD$8.85 million for its fiscal year ended June 30, 2018, placing it among publicly traded Canadian cannabis companies with the highest reported revenue in their first four quarters of sales.
“As a result of the successful execution of our strategy, we have generated significant revenue growth both for the quarter and the year-end period,” Supreme Cannabis CEO Navdeep Dhaliwal stated in a news release. “We look forward to building on this growth as we expand domestically and internationally.”
The company’s growth strategy includes key industry agreements, such as its CAD$12 million supply agreement with Tilray Inc. (OTC: TLRY), a global leader in cannabis research, cultivation, processing and distribution. The agreement calls for Supreme to supply Tilray with dried cannabis for support of medical cannabis patients in Canada for the period of one year.
Another key component is the company’s wholly owned 7ACRES subsidiary. The 7ACRES cultivation facility, one of the first 40 federally licensed cannabis producers in Canada, is focused on building a core competency in scaled cannabis production, which will give 7ACRES the needed flexibility to maintain leadership in the industry as the Canadian market grows and matures. Though 7ACRES is Supreme Cannabis’ flagship brand and only currently operating business unit, the company will continue to identify new opportunities to grow its portfolio of companies and build innovative cannabis businesses throughout the world.
7ACRES operates from a 342,000-square-foot cultivation facility in Kincardine, Ontario, and has been federally licensed since 2016. Current capacity is 13,333 kilograms dried cannabis annually, with plans to ramp up production by mid-2019 to a rate of 50,000 kilograms per year.
Supreme Cannabis seeks to differentiate 7ACRES from other licensed cannabis producers by producing premium quality product sustainably at scale. “Craft quality, commercial scale” is a slogan the company uses, and the Kincardine greenhouse employs state-of-the-art technology and cultivation best practices to strive toward that goal. Supreme identifies the quality of the 7ACRES product as the company’s primary strength and says a shared “passion for the plant” is the driver of company culture. Six Canadian provinces have signed supply agreements with Supreme, a fact the company credits to the high quality of 7ACRES cannabis.
Its customers, Supreme Cannabis management says, are informed and discerning regarding cannabis, and they value a premium brand that respects their product knowledge. The company believes its high regard for customers, premium product quality, and mass cultivation capability has allowed Supreme Cannabis to emerge as Canada’s preeminent premium cannabis producer. In the Canadian cannabis market, the company has established 7ACRES as a premium brand that’s distributed coast-to-coast and commands premium pricing. The 7ACRES brand is already listed as premium cannabis product in all provinces that disclose their cannabis listing categories, and 7ACRES on average wholesales for up to one-third higher in price than other brands in the Canadian cannabis market.
To further its distribution, in the medical cannabis market Supreme Cannabis has partnered with several Canadian cannabis retailers including Aurora Cannabis, Emerald Health Botanicals, Namaste, Zenabis, and others. The company’s investment portfolio also includes an equity position and long-term global distribution partnership with Medigrow, based in Lesotho, targeting the export of medical cannabis oil for the international market.
Supreme Cannabis seeks to make the company an innovator in the cannabis sector regarding design of cultivation facilities and development of operation excellence metrics. The management team is confident that the 7ACRES flagship brand, the company’s proprietary technology and products, and the company’s culture of passion for cannabis will deliver consistent long-term shareholder value.
Supreme Cannabis Company Inc. (OTC: SPRWF), closed the day's trading session at $1.413, up 0.21%, on 447,801 volume with 602 trades. The average volume for the last 3 months is 587,785 and the stock's 52-week low/high is $0.85/$2.04.
- Cannabis Cultivation Seen As $22 Billion Operation In Next Three Years
- The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Garners Investment Attention with Release of Q3 2019 Financials
- Cannastocks2019 Investor Conference & Webinar Now Available for On-Demand Viewing
Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P)
Innovative Properties Inc. d/b/a Nabis Holdings (CSE: NAB; OTC: INNPF; FRA: 71P) ("Nabis" or the "Company"), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced that Jade Green, Special Advisor to Nabis, will participate in KCSA Strategic Communications' Inaugural Congressional Cannabis Day Forum to be held at the United States Capitol building in Washington, DC on Tuesday, May 21, 2019. Ms. Green will speak on a panel, titled "CBD, Hemp and the Farm Bill" focused on the wide-ranging impact of the Farm Bill as it continues to shape federal food and agricultural policy at 10:00am ET.
Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow assets in real property, securities, cryptocurrency and all branches of the cannabis sector. The company's focus on strategic revenue generation, EBITDA and growth is enshrined in its moto, "One team. One goal," and is reflected in its name: "Na bis," which is defined as, "repeat performance" or "encore."
While the Nabis' targets span numerous industries, the company aims to establish an Anchor Investment Portfolio primarily through the acquisition of majority interests in high quality U.S. cannabis assets and brands that have achieved cash flow. The company will then employ a hands-on approach to assist the investee in implementing standards and consistency to enhance their operations.
Criteria for investment targets are as follows:
- Positive EBITDA, vertically integrated operators in limited license states with large addressable markets
- Emphasis on operations that add material EBITDA within 12 months with enhanced access to capital and Nabis' value add approach on operations and brand consistency
- Identifying proven operators with good expertise to add value to a consolidation strategy
- Focused on MSOs (Multi-state Operators) with strong brand traction
- Pharma grade cultivation, extraction, dispensaries and other addressable operations
Nabis has completed investments in five Michigan properties with Cannabis provisioning, processing and cultivation licenses. The Company has also entered into binding Letters of Intent ("LOI") to invest in vertically integrated assets in Michigan, Arizona and Washington State. The company's goal is to be invested in four to five additional states in the coming months.
Arizona – LOI to acquire full control of Organica Patient Group Inc. ("OPG") and RDF Management Group. OPG is a fully integrated medical marijuana business licensed under the provisions of the Arizona Medical Marijuana Act. Its assets include the Chino Valley MMJ Dispensary and fully established Patient Group, which since 2012 has operated as "Organica Patient Group" in Chino Valley. OPG also operates a 26,000-square-foot indoor cultivation and processing center along with a 56,600-square-foot greenhouse in Prescott Valley; has its own branded products and wholesale operations which includes distribution to more than 25% of the dispensaries in Arizona; and has exclusive manufacturing and licensing agreements with Fire Brand, Gas Extracts and Donuts Concentrate products distributed within Arizona.
Michigan – LOIs to invest in multiple strategically located properties that have or are eligible for municipal approvals for provisioning centers in Michigan. The company is currently evaluating 10 to 15 additional municipally approved locations in Michigan that would substantially increase the company's overall presence in the U.S. cannabis space.
Washington State – LOI to purchase assets from PDT Technologies LLC, including extraction and production equipment and rights to lease the current production facility in Port Townsend, Wash. The LOI includes licensing rights to produce Chong's Choice Brand CO2 Vape Cartridges, one of the leading and most recognizable brands in the cannabis space. Expansion plans include construction of a new ISO designed extraction clean room and GMP lab facility with new, highly specialized equipment with two extraction lines. The facility could produce up to 20,500 kg of cannabis concentrate on an annual basis.
Hivemind Refinery – LOI to invest in a 70% interest of Hivemind Refinery, an established line of CBD-based wellness products in the United States. The investment into Hivemind expands Nabis' investment portfolio to CBD edibles, water, drops, lotions, and other CBD wellness products across the spectrum. Nabis anticipates Hivemind will be a premium consumer CBD line to be distributed across the U.S. and Canada and will focus on products utilizing locally grown, premium CBD along with unique formulations and delivery systems.
Bloombox – binding term sheet with Momentum Ideas Co. to acquire certain assets used and marketed under the brand "Bloombox," a leading intelligent retail cannabis software platform that includes the Bloombox Software and data platform. The acquisition of Bloombox will create a dominating presence in the U.S. cannabis market, featuring an integrated ecosystem of modern, next-generation cannabis technology. Bloombox is one of the world's first standards-based cannabis software systems, enabling frictionless integration with nearly any business system or regulatory body.
Proven Management Team
CEO and Director Shay Shnet has over 20 years of experience in business and was most recently a founding partner and vice president of operations of MPX Bioceutical (CSE: MPX). While at MPX, Shnet focused on the North American cannabis space and helped build the company's portfolio of international cannabis assets. He is highly skilled in finding unique opportunities and has been directly involved with the development, branding, importing, consumer packaging and distribution of a wide variety of product lines.
President Mark Krytiuk is a very successful cannabis operator and was a founding partner of MPX. As the vice president of grow operations of MPX, he oversaw the production of medical marijuana and pharma-grade products across North America. He has been directly involved in overseeing the rapid expansion and buildout of nine facilities in three countries with budgets ranging up to $30 million. Krytiuk's experience includes consulting and working with customers to develop individual requirements for indoor and outdoor cannabis cultivation while working with federal regulators and licensing bodies to ensure compliance.
Nabis Holdings (OTC: INNPF), closed the day's trading session at $0.42, up 2.44%, on 136,771 volume with 58 trades. The average volume for the last 3 months is 188,949 and the stock's 52-week low/high is $0.392/$0.791.
- Nabis Holdings to Participate in KCSA's Inaugural Congressional Cannabis Day Forum on May 21
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Provides Strategic Update on Growth Plan, Announces Name Change
- Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Out to Build Private Equity Colossus in Cannabis Space
Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF)
Siyata Mobile Inc. (TSX-V:SIM / OTCQX:SYATF) is pleased to announce it will be releasing its 2019 Q1 financials May 23, 2019 and will be hosting a conference call to discuss these results on May 24, 2019 at 9:00 AM EDT (6:00 AM PDT).
Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a leading global developer and provider of Push-to-Talk Over Cellular ("PTT/PoC") systems for enterprise customers. The company specializes in connected vehicle products for professional fleets and markets its products under the Uniden® Cellular brand.
Since its inception in 2012, Siyata has amassed a customer base that includes cellular operators, commercial vehicle technology distributors, and fleets of all sizes in Canada, the U.S., Europe, Australia and the Middle East.
Recognized by the Toronto Venture Stock Exchange in 2018 as a Venture Top 50 Company, Siyata aims to deliver the highest quality and most technologically advanced mobile communication devices for global corporate workforces, fleets, homes and buildings.
The company has long been an industry pioneer, delivering the world's first 3G connected vehicle device as well as the world's first 4G/LTE vehicle mounted smartphone for First Responders and commercial fleets and vehicles.
Siyata is headquartered in Montréal, Québec, Canada.
Siyata's suite of technology includes numerous PTT and legacy devices, as well as cellular boosters designed to improve cellular signals in corporate warehouses, government embassies, retirement home campuses, banks and manufacturing plants.
The company's flagship product, the Uniden UV350, is the world's first vehicle-mounted 4G/LTE smartphone with crystal clear quality, carrier grade PTT, voice, text, video and data applications built into a single device. Specifically designed for First Responder and commercial fleet vehicles, the UV350 runs on cellular LTE networks that provide nationwide and global coverage, replacing traditional single purpose two-way radios that require a monthly fee and limited network coverage.
The Uniden UV350 is currently available through Bell Mobility, Canada's largest LTE network and PTT community. Expanding its availability, Siyata is completing network approval with two North American Tier 1 operators to launch the UV350 in the U.S. in 2019.
CEO and Chairman Marc Seelenfreund is the founder of Siyata. He is also the founder of Siyata's parent company, Accel Telecom, an Israel-based company that specializes in importing and distributing innovative cellular and IP devices to fixed line operators and mobile providers within Israel. Prior to establishing Accel, Seelenfreund was a vice president at Sunrise Corporation in New York where he focused on financing publicly traded technology companies. Seelenfreund has a law degree from Bar Ilan University, is a board member at Israel's leading private university, and has served as an officer in the Israel Defense Forces.
Glenn Kennedy, vice president of sales, has over 25 years of sales experience in the telecommunications industry. Prior to joining Siyata in 2016, Kennedy managed sales nationally for Motorola Canada, HTC Communications Canada, and Sonim Technologies. He holds a bachelor's degree in honors business administration from the Richard Ivey School of Business at the University of Western Ontario.
CFO Gerald Bernstein, a professional chartered accountant, has spent 20 years focusing on private equity financing and tax efficient corporate structuring in multi-jurisdictional arenas. He holds a bachelor's degree of commerce as well as a graduate diploma in public accountancy from McGill University. Bernstein has been a member of the Canadian Institute of Chartered Accountants since 1987.
Gidi Bracha, Vice President of Technology, has served in this position since 2011 and spearheaded the development of both the Truckfone, Voyager and UV350. Bracha served in various key positions at Cellcom, Israel's leading cellular provider, including head of car mobility products and director of type approvals. Bracha served as an engineer technician in the Anti-Aircraft division of the Air Force in the Israel Defense Forces and holds a bachelor's degree in engineering and business management from the University of Derby.
Siyata Mobile Inc. (SYATF), closed the day's trading session at $0.3246, up 9.33%, on 46,079 volume with 9 trades. The average volume for the last 3 months is 59,369 and the stock's 52-week low/high is $0.254/$0.446.
- Siyata to Release 2019 Q1 Financials May 23, 2019 and Host Investor Conference Call
- NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Secures First Tier 1 US Cellular Carrier Purchase Order
- Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Specializes in Connected Vehicle Products for Professional Fleets
Marijuana Company of America Inc. (MCOA)
Marijuana Company of America Inc. (MCOA), an innovative hemp and cannabis corporation, today reported its financial results for the first quarter ended March 31, 2019. Also today, the company was highlighted in a publication from Financialnewsmedia.com, examining how a recent industry report on the future of the CBD market, had higher than revenue figures than expected.
Marijuana Company of America Inc. (OTC: MCOA) (the "Company") are pioneers in the cannabis industry going back to 2009 when Don Steinberg, MCOA’s CEO, founded the first marijuana company ever to trade on a U.S. stock market, Medical Marijuana Inc. Since then, Don and his partner, Charlie Larsen, have formed Global Hemp Group and Marijuana Company of America. They have experienced the shift of legislation first hand, not only for the legalization of marijuana but also the emerging hemp-based CBD products.
The CBD market is growing exponentially and consequently the founders of MCOA have constructed their business model around the development of industrial hemp-based CBD products. The industrial hemp plant can be used to produce products that are carbon neutral or even carbon negative. It is one of the longest, strongest natural fibers on earth, used as a building material that is free of mold, pesticide-resistant, and fire proof. Hemp has also been described as a “super food,” which provides additional business opportunities. No part of the plant is left unused and the Company’s overall strategy is to take advantage of every profit center from farm to the multiple valuable finished products.
The cannabis and hemp industries are experiencing unprecedented growth that is expected to continue for many years as these industries are now accepted globally and continue to mature and expand. North American consumers spent $6.7 billion on legal cannabis products in 2016, up 34% from 2015’s $5 billion. This trend is widely expected to explode at a 27% compounded annual growth rate to reach $22.6 billion by 2021, according to ArcView Market Research.
The company offers investors the opportunity to be on the forefront of cannabis and hemp innovation through cultivation, processing in the legal cannabis and industrial hemp sectors. The Company’s business model includes producing a diverse portfolio of synergistic business segments that provide value to its shareholders. Its vertically integrated business model and distribution platforms are positioned to capture market share by developing recognizable and valuable brands.
Under the MCOA umbrella, wholly owned subsidiary hempSMART™, Inc. is committed to bringing high quality CBD-based products to the market through its affiliate marketing program. Through hempSMART, MCOA’s strategic approach to the distribution of products is through a networking architecture geared to maintain customer loyalty and capture market share. The patent-pending product “hempSMART Brain,” is designed to revolutionize the safe and effective support of healthy brain function. The brand new product, HempSMART DROPS, is a full-spectrum CBD tincture formulated with hemp and fractionated coconut oils. The hempSMART marketing team has decades of experience, and is well positioned to take the hempSMART brand to a global audience.
Marijuana Company of America Inc. (MCOA), closed the day's trading session at $0.0146, up 1.39%, on 14,181,834 volume with 364 trades. The average volume for the last 3 months is 12,003,016 and the stock's 52-week low/high is $0.01025/$0.0498.
- Marijuana Company of America Announces 504% Year-Over-Year Revenue Increase for First Quarter 2019 Financial Results
- CBD Market Growth Larger Than Expected Multi-Billion Dollar Industry
- Uptick Newswire Hosts Marijuana Company of America, Inc. on The Stock Day Podcast to Discuss Its Expansion in the Cannabis Industry
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN)
Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced its appointment of Cutfield Freeman & Co Ltd as its international financial advisor to negotiate and structure funding for construction of its Shymanivske iron ore project. To view the full press release, visit: http://nnw.fm/w9Ed9.
Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) is a Canadian iron ore exploration and development company advancing to production its wholly owned Shymanivske Iron Ore Project, located in Krivyi Rih, Ukraine. Black Iron’s Shymanivske project is situated in the southern part of the historic KrivBass iron ore mining district, a highly developed iron ore mining region with well-established infrastructure and nearby skilled labor forces. Surrounded by seven producing iron ore mines, the Shymanivske project will produce an ultra-high-grade, 68-percent iron ore concentrate with few impurities at very low cost.
Iron ore concentrates are one of the essential raw materials used by the steel industry to either make sinter or highly valued pellets. Black Iron’s concentrate can be used in either application and is an ideal source to make pellets since it does not need to be ground finer and contains very few impurities. According to the CRU Group, an internationally recognized top global business intelligence provider and consultancy specializing in commodities, there is a growing global shortage of pellet feed resulting in a supply/demand gap of 133Mt against the current base of approximately 400Mt consumed by 2035. According to a recent report issued by Zion Market Research, the global iron ore pellets market was valued at around US$25.22 billion in 2017 and is expected to reach US$50.12 billion by 2024, growing at a compound annual growth rate (CAGR) of 8.1 percent between 2018 and 2024 (http://nnw.fm/2vaDR).
Countries around the world, most notably China (http://nnw.fm/Je8gs), have instituted regulatory changes to curb polluting emissions from steel mills through numerous methods, including encouraging a shift to higher grade iron feed products such as pellets as less coal needs to be burnt per ton of steel produced.
Black Iron’s Shymanivske’s project, which is expected to produce ultra-high-grade 68 percent iron content pellet feed iron concentrate, is generating significant interest from steel mills and global commodity trading houses. Use of ultra-high-grade 68-percent iron content product in the production of steel is a value-added product to customers since it increases blast furnace productivity and reduces greenhouse gas emissions generated per ton of steel produced.
The project’s proximity to rail lines (1 mile), electrical power (20 miles), sea ports (140 to 260 miles) and a skilled workforce (6 miles) significantly reduces the up-front construction costs and allows for the mine to be built in a phased approach. The Shymanivske project has been ranked by the CRU Group in the lowest position of the business cost curve for pellet feed projects currently under development and as the second lowest in capital intensity (construction capital divided by annual production) within CRU Group’s extensive database (http://nnw.fm/3MXsT). This low-cost position makes the project economics very robust to any shocks in iron ore price while providing a very high return at current and forecast prices.
Black Iron continues to advance its project on several fronts including construction funding and off-take agreements (http://nnw.fm/tQ4g2). Discussions with Ukraine’s Ministry of Defense to transfer a parcel of land required by the company for location of its processing plant, waste rock and tailings are nearing finalization, as are discussions with the Kryviy Rih City Council to lease a portion of the surface rights currently under that body’s control. The recent engagement of Ivan Markovich as Black Iron’s Vice President of Government and Community Relations will assist the company in these endeavors given his extensive network of relationships with senior Ukraine government officials.
The Shymanivske project holds a mining allotment permit for a large iron ore deposit with a NI 43-101 compliant resource estimated to contain 646 Mt (million tons) Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6% total iron and 18.8% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off grade of 10% magnetic iron. Additionally, there are 188 Mt of Inferred mineral resources grading 30.1% total iron and 18.4% magnetic iron.
Full mineral resource details and project economics can be found in the NI 43-101 compliant technical report entitled “Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit” effective November 21, 2017, under the Company’s profile on SEDAR at?www.sedar.com.
Black Iron’s management and board of directors is stacked with experts well-versed in successfully building and operating iron ore projects. CEO Matt Simpson, P.Eng. is the former general manager of Mining for Rio Tinto’s Iron Core Company of Canada and worked for Hatch designing global metallurgical refineries. He is also a Qualified Person as defined by NI 43-101. Chairman Bruce Humphrey is the former COO of GoldCorp and former chairman of Consolidated Thompson Iron Ore mines which was sold to Cliff’s resources for US$4.9 billion.
Les Kwasik, COO, has over 40 years of hands-on experience building and operating mines globally with companies such as INCO (VALE) and Xstrata (Glencore). Paul Bozoki, CFO, is the former CFO of CD Capital Partners, operating in the Ukraine. Bill Hart, senior vice president of corporate development, has over 30 years of experience selling iron ore while working for Rio Tinto, Cliffs Natural Resources and most recently Roy Hill Holdings Ltd. Ivan Markovich was recently engaged in the capacity of Black Iron’s vice president of Government and Community Relations to leverage his extensive network of relationships with senior Ukraine government officials.
Black Iron Inc. (BKIRF), closed the day's trading session at $0.064, even for the day, on 1,000 volume. The average volume for the last 3 months is 40,619 and the stock's 52-week low/high is $0.0285/$0.0891.
- NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Engages Cutfield Freeman to Negotiate, Structure Funding for Shymanivske Project
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Secures Rail Transportation Capacity for Shymanivske Project
- Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advances Efforts to Launch Ukrainian Iron Project as Market Prices Continue to Rise
TransCanna Holdings Inc. (CSE: TCAN)
TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its execution of a non-binding letter of intent ("LOI"), dated May 17, 2019, with Lyfted Farms, Inc. of Modesto, California. Under the agreement, TransCanna will acquire the business and assets of Lyfted, a state licensed producer of high quality indoor grown cannabis with three permanent state licenses for cultivation (nursery and grow) and distribution. To view the full press release, visit: http://nnw.fm/7DUz9.
TransCanna Holdings Inc. (CSE: TCAN) through its subsidiaries specializes in assisting clients who are cannabis farmers and manufacturers get recognized by end consumers who in turn purchase their products. TransCanna offers or will be offering services to support almost every aspect of the cannabis-related eco-system; from branding and design, to transportation and distribution, to marketing and sales.
California’s legalized adult-use recreational marijuana market opened for business January 1, 2018. The state’s Bureau of Cannabis Control is responsible for regulating all commercial activities in the state including cultivation, distribution and transportation. Moving cannabis products in the California marketplace is extremely challenging due to municipal and state laws and regulations, which can differ among cities and counties. Since cannabis remains illegal under federal law, Department of Transportation regulated companies are barred from participating in the market, which means companies looking to excel in the sector must hold a state-issued distributor license from the Bureau of Cannabis Control.
TransCanna has already entered into an Intellectual Property Rights and Royalty Agreement for the Track & Trace software platform required by the state of California. TCM Distribution, the operating company managed by TransCanna, has received a transportation and distribution permit from the city of Adelanto and a temporary transportation and distribution permit from the state of California. TransCanna has also executed a land lease to build a 10,000-square-foot transportation and distribution facility in Adelanto.
TransCanna is strategically creating a distribution network throughout California that places its facilities no further than a three-hour drive from most any client. The company is in the process of leasing or purchasing properly licensed and permitted warehouses strategically located throughout California along with new secure trucks, sprinter vans and/or armored vehicles.
TransCanna plans to create its own portfolio of branded products for the cannabis and hemp sectors. The company’s management team intends to translate the skills, knowledge and experience gained from a combined 60 years of branding and marketing experience in the music, professional sports and alcohol industries into TransCanna and the cannabis industry.
As part of the “TransCanna Way,” the company intends to manage most aspects of the supply chain from upper end procurement, branding, transportation and distribution, to marketing and sales.
Leading TransCanna as its CEO and chairman is James Pakulis, who has three decades of experience working with public and private entrepreneurial companies in a variety of emerging and high-growth sectors. He is formerly the president and a director of Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQB: LDSYF), a vertically integrated cannabis-related entity operating in California. Pakulis was chairman and CEO of General Cannabis Inc. which from 2010 to 2012 owned WeedMaps. Pakulis oversaw the company’s growth from zero to over $16 million in annual revenue in less than 24 months.
The company’s strategic advisors include individuals with extensive experience in branding, marketing, sales, distribution, production and supply chain management.
For additional information, call: (604) 609-6199
TransCanna Holdings Inc. (CSE: TCAN), closed the day's trading session at $6.46, off by 4.72%, on 51,189 volume with 99 trades. The average volume for the last 3 months is 162,185 and the stock's 52-week low/high is $0.769/$7.789.
- NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Executes LOI to Acquire Premier Indoor Cultivator Business and Assets
- TransCanna Executes LOI To Acquire The Business and Assets of Premier Indoor Cultivator Lyfted Farms
- TransCanna Featured On BTV Broadcasted On BNN
Genprex Inc. (NASDAQ: GNPX)
Genprex Inc. (NASDAQ: GNPX), a clinical-stage gene-therapy company, this morning announced that it will be presenting at the upcoming Sachs 5th Annual Immuno-Oncology BD&L and Investment Forum at the Waldorf Astoria Chicago on May 31, 2019. Per the update, Genprex President and COO Julien Pham, MD, MPH, will lead the company's presentation at 11:10 a.m. CT in the Waldorf Astoria Chicago's Sinclair Ballroom. Pham will also be available for one-on-one meetings at the event. To view the full press release, visit http://nnw.fm/MgN2d.
Genprex Inc. (NASDAQ: GNPX) is a clinical-stage gene therapy company developing potentially life-changing technologies for cancer patients based upon a unique proprietary technology platform, including Genprex’s initial product candidate, Oncoprex™ immunogene therapy for non-small cell lung cancer (NSCLC). Genprex’s platform technologies are designed to administer cancer-fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities.
Research and Development
Genprex holds a portfolio of 30 issued and two pending patents covering its technologies and targeted molecular therapies. The company’s research and development program is focused on identifying and developing leading-edge gene therapies that can be used alone or in combination with other therapies for treatment of cancer.
Genprex’s initial product candidate is Oncoprex™, an immunogene therapy for the treatment of non-small cell lung cancer (NSCLC). Oncoprex works by interrupting cell signaling pathways that cause replication and proliferation of cancer cells, re-establishes pathways for apoptosis (or programmed cell death) in cancer cells, and modulates the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance.
Preclinical research is being conducted with the goal of developing Oncoprex to be administered with targeted therapies in other solid tumors, and with immunotherapies in NSCLC and other solid tumors. In addition, Genprex has conducted and plans to continue research into other tumor suppressor genes associated with chromosome 3p21.3, as well as other potential applications of the company’s immunogene therapy platform.
Genprex is currently conducting the second phase of a phase I/II clinical trial at the University of Texas MD Anderson Cancer Center in Houston. The company plans to expand its clinical program by adding a new clinical study evaluating Oncoprex™ in combination with a checkpoint inhibitor for treatment of Stage IV or recurrent NSCLC. In research presented at the 2017 Annual Meeting of the American Association of Cancer Research in Washington, D.C., Genprex’s collaborators showed that TUSC2 in combination with PD-1 checkpoint inhibition has a significantly greater anti-tumor effect in lung cancer than either agent alone. The research also shows that TUSC2 in combination with PD-1 blockade has synergistic activity in upregulating natural killer (NK) cells, correlating with prolonged survival in mice.
TUSC2 (Tumor Suppressor Candidate 2) is a tumor suppressor gene that is absent or deficient in cancer cells of many different cancer types.
Genprex technologies seek to bridge a critical gap by combining with targeted therapies and immunotherapies to provide treatments to large patient populations who would otherwise not be candidates for those therapies or who have become resistant to them. Genprex technologies are being developed to overcome genomic limitations which are inherent in targeted therapies and immunotherapies in order to provide new treatment solutions to large cancer populations, such as those with lung cancer.
Each year, more people die of lung cancer than of colon, breast and prostate cancers combined. NSCLC is the most common type of lung cancer, accounting for about 85 percent of all lung cancers, according to the American Cancer Society (“ACS”). Despite radical advances in drug development and novel therapeutic standards, survival for late stage lung cancer has not improved significantly in the past 25 years.
Chairman and Chief Executive Officer J. Rodney Varner, JD, is a co-founder of Genprex and has served in these roles since August 2012. He has more than 35 years of legal experience with large and small law firms and as outside general counsel of a Nasdaq-listed company. Varner has served as counsel in company formation, mergers and acquisitions, capital raising, other business transactions, protection of trade secrets and other intellectual property, real estate, and business litigation. He is a member of the State Bar of Texas and has been admitted to practice before the U.S. Court of Appeals for the Fifth Court and the U.S. Tax Court.
Julien L. Pham, M.D., MPH, is president and chief operating officer of Genprex. In March 2013, Dr. Pham co-founded RubiconMD, a healthcare IT company that connects primary care providers to specialists for additional guidance and opinions on medical cases and served as its chief medical officer. He has served on the faculty at Harvard Medical School’s Brigham and Women’s Hospital and is a board-certified internal medicine doctor and nephrologist.
Ryan M. Confer, MS, has served as Genprex chief financial officer since September 2016. Confer has more than 10 years of executive experience in planning, launching, developing, and growing emerging technology companies and has served in the chief operating and chief financial roles for non-profit and for-profit entities since 2008. Confer has also served as an international business development consultant for the University of Texas at Austin’s IC2 Institute, where he focused on evaluating the commercialization potential of nascent technologies in domestic and international markets applicable to technology incubator programs associated with the University. Confer holds a BS in finance and legal studies from Bloomsburg University of Pennsylvania and an MS in technology commercialization from the McCombs School of Business at the University of Texas at Austin.
Jan Stevens, RN, is vice president of Clinical Operations. Stevens has nearly 20 years of comprehensive clinical operations experience in the biopharma industry and a specialization in early-to-late stage oncology companies. Stevens joined the company to help support the various clinical development programs for Oncoprex™.
Genprex Inc. (NASDAQ: GNPX), closed the day's trading session at $1.72, off by 1.71%, on 22,043 volume with 101 trades. The average volume for the last 3 months is 49,370 and the stock's 52-week low/high is $0.95/$12.24.
- NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) Details Plans to Present at Sachs 5th Annual Immuno-Oncology BD&L and Investment Forum
- NetworkNewsBreaks – Genprex Inc. (NASDAQ: GNPX) Taking Unique Gene Therapy Approach to Cancer Treatment
- Genprex (GNPX) Featured in NetworkNewsAudio Publication Discussing Promising New Gene Therapies - GlobeNewswire Reboot
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that, through a major expansion in operations by Nuka Enterprises LLC, maker of 1906 cannabis edibles for high functioning adults, the most reliable fast acting edibles on the market will now be available across the country. To view the full press release, visit: http://nnw.fm/8X9Vs.
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP) has developed and out-licenses its proprietary technology for improved taste, rapidity, and delivery of bioactive compounds, including nicotine and cannabinoids. To achieve higher absorption rates and fast onset, consumers traditionally defaulted to smoking. Lexaria provides a superior administration method by delivering these substances through a patented process within edible food products, thus eliminating all the harmful health consequences of smoking.
Lexaria’s technology is unique in that it takes advantage of GRAS (Generally Recognized As Safe) food ingredients processed with its patented DehydraTECHTM technology to improve taste, remove odor, and decrease the time to onset of bitter-tasting drugs. Lexaria is primarily a B2B enterprise and has existing cannabinoid licensing agreements with companies in Canada, the largest-market states in the United States, and internationally. Lexaria has entered into a R&D partnership with one of the largest cigarette companies in the world for oral forms of nicotine delivery. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within popular foods such as coffee, tea, and supplements. These brands include ViPova™ and TurboCBD™.
In 2015, Lexaria commissioned an independent third-party lab to test its technology under carefully monitored in vitro conditions. Results showed that the company’s technological process and lipid formulation improve intestinal absorption as much as 500%. Lexaria has conducted multiple rounds of studies including in vivo and human clinical. In absorption studies conducted on rats, for example, Lexaria detected nicotine in the animal’s bloodstream just two minutes after it entered the stomach. In a randomized, double blinded human clinical study, cannabidiol (CBD) was measure in the human bloodstream at a 317% higher rate 30 minutes after swallowing a capsule processed with DehydraTECH than a non-enhanced capsule of equal strength.
Lexaria also has an R&D partnership with the Canadian government’s National Research Council. That R&D is expected to characterize molecular bond formation theorized to occur with Lexaria’s unique technology between the lipid delivery agents and the bioactive substances it processes and combines. Results from this R&D have helped support B2B relationships with Fortune 500 companies. Lexaria has four distinct subsidiaries that focus on different market sectors: Hemp/CBD; Pharmaceutical; Cannabis; and Nicotine.
Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong and growing intellectual property portfolio. As of the end of 2018, the company’s patent portfolio includes 53 patent applications filed and pending in more than 40 countries around the world; and 10 patents granted to date. Lexaria is expecting additional new patent awards both in the U.S. and internationally in 2019 and beyond. Some of its more recent areas of investigation have included human hormones and erectile dysfunction substances, among others.
Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third-partners and has signed royalty deals with start-up companies as well as with a Fortune 100. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has contributed to several multi-hundred million-dollar valuations over the course of his career. He is supported by a growing team of professionals with extensive experience in pharmaceutical and bioscience sectors, invention, toxicology, consumer goods, and other relevant skillsets.
Lexaria Bioscience Corp. (LXRP), closed the day's trading session at $0.9887, off by 1.05%, on 46,434 volume with 84 trades. The average volume for the last 3 months is 111,239 and the stock's 52-week low/high is $0.75/$2.43.
- NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) and Nuka to Expand Cannabis Product Operations for DehydraTECH Powered Edibles
- Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Responds to High Demand for Cannabis-Infused Beverages
- Lexaria's DehydraTECH Formulation Delivers 475% More CBD to Bloodstream after 15 Minutes than Conventional Industry Formulations
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF)
Wildflower Brands (CSE: SUN) (OTCQB: WLDFF), is a Vancouver-based company emphasizing on wellness and health plant-based products. The unique mixture of CBD, cinnamon eucalyptus, and myrrh help boost the immune system while providing a non-psychoactive effect. It is available for purchase on the company's website for $59.99 (http://nnw.fm/tv5Ei). To view the full article, visit: http://nnw.fm/T6tie. Also today, CannabisNewsWire released a report on the company detailing how companies with a presence in the CBD market are seeing their profiles rise, thanks to growing media and celebrity attention.
Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a public cannabis company developing and designing brands that focus on plant-based wellness and health products. Wildflower markets its full-spectrum CBD products to retailers in the health and wellness space throughout the United States and in legal cannabis markets in accordance with regulations marketing its THC and CBD products.
Headquartered in Vancouver, British Columbia, Canada, Wildflower employs a unique and holistic business model that encompasses research and development, manufacturing, distribution, marketing and retail. First launched in 2012 as a private company with a cannabis-focused brand, Wildflower went public in 2014 and has since reached numerous significant milestones in its drive to create brands that work in synergy toward becoming a global wellness brand leader.
Gathered within the growing family of Wildflower brands are the following entities:
- Wildflower Wellness is known for its reputable brand, uncompromising quality and mission to connect people with the healing power of plants. Wildflower Wellness offers CBD vaporizers, capsules, tinctures, soaps and topicals that are backed by a 100 percent satisfaction guarantee. Wildflower Wellness offers a full lineup of full spectrum CBD extract infused products made in the U.S. in Wildflower’s GMP facilities which are always third-party lab tested for quality assurance and accurate labeling.
- King Extracts is a California-based company focused on cannabis technology and delivery systems. The King Recharge is a discreet, 97mm small, rechargeable vaporizer with a sleek pocket-sized charging and storage case. King concentrates are clean and sophisticated blends made from CO2 extractions that are fractionally distilled for clarity and purity with proprietary terpenes blended in to deliver a robust, full-flavor profile. King products are available at 26 select, regulated retail dispensaries in California.
- Exclusive is a dispensary of high-quality cannabis products and accessories serving the city of Los Angeles, California. The company enjoys a close association with select hospital oncology departments and community programs.
Using the slogan “Plants Heal,” Wildflower’s distribution network in the U.S. includes 200+ retailers in Washington state and 20+ retailers in New York City. Wildflower has also partnered with Retail Worx to establish shop-in-shop retail locations in the heart of New York City which pairs nicely with the introduction of Wildflower into existing Bridges General’s stores in New York City and San Francisco. Through this partnership with Retail Worx, Wildflower by Bridges General stores will have exclusive product offerings in addition to the full lineup of existing Wildflower Wellness CBD products. Distribution in other U.S. markets includes 80+ wellness and healthcare practitioners with a total distribution of over 300 stores nationwide.
Wildflower holds 14 California cannabis licenses that cover recreational and medical cannabis cultivation, manufacturing, distribution and retail/delivery in the jurisdictions of California state and the city of Los Angeles. Opportunities to activate these licenses creates the phenomenal potential of driving significant revenues while minimizing risk. Expansion plans into Canada are underway with discussions centered on retail acquisitions and Wildflower launching into over-the-counter market with its CBD product line. Global expansion is a key part of Wildflower’s strategy with initial plans aimed at specific international markets where regulatory hurdles are less restrictive.
In December 2018, Wildflower began on-demand, legal and licensed cannabis delivery services to adult consumers in the Los Angeles area and has hired dozens of full-time delivery drivers to accommodate this unmet need. Wildflower has partnered with leading technology and logistics company Eaze.com to help route deliveries efficiently, manage inventory and comply with California law. Providing legal, licensed delivery services helps to ensure that all adults including those with mobility challenges and limited access to transportation services can purchase high quality, legal cannabis products.
Wildflower’s direct-to-consumer online store sales have shown an organic growth. The Company recently achieved over 300 percent growth in online sales since January 2018 with annualized revenues exceeding $1 million for online sales only, marking the ninth consecutive quarter of increased revenue.
William MacLean is the founder and CEO of Wildflower Brands Inc. His involvement in all aspects of the business from product R&D to manufacturing setup has led the Company to its current success. MacLean is a seasoned sales professional with over 20 years of experience in various industries from advertising and marketing to medical sales. While in the advertising and marketing space, his clients included major brands including: Bell, Remax, BC Hydro, and Royal Bank.
CFO Stephen Pearce is a director and officer of a number of public companies in the resource sector. His professional experience as a practicing attorney is primarily in corporate and securities work. Pearce’s academic background includes an honors bachelor’s degree in economics from York University, in which he focused specifically on corporate finance. Pearce obtained a law degree from the University of British Columbia.
Alfred Kee, COO, is a business technology leader with over 15 years of experience in building high performing teams at small startups to large enterprises. With foundations in running large scale business critical technology and user experience product management mindset, Kee excels at guiding teams to deliver business value with agility. His knowledge and experience were honed while working with Electronic Arts, KPMG, CenturyLink, Cisco and Apple, as well as a string of successful startups. Lee brings a global perspective having lived and worked through parts of the U.S., Canada, Europe and Asia.
Creative Director Amy Yamamura is a founding member of Wildflower and has been a driving force behind the Company from the start, creating the Wildflower brand. After receiving a bachelor’s degree in communications from Boston University, Yamamura returned to Tokyo to develop her career in TV as an international business correspondent coordinating collaborative projects between top creators around the world and corporations. Yamamura’s unique experience in working closely with successful Japanese brands like UNIQLO has given her exceptional eyes for branding a company.
Wildflower Brands Inc. (WLDFF), closed the day's trading session at $0.5175, off by 3.95%, on 16,093 volume with 15 trades. The average volume for the last 3 months is 23,106 and the stock's 52-week low/high is $0.009/$1.129.
- NetworkNewsBreaks – Wildflower Brands Inc.'s (CSE: SUN) (OTCQB: WLDFF) CBD Immunity Vaporizer Fights Flu Symptoms
- Celebrity Attention Fuels Rising Press Profile of CBD
- Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moving to Become International Leader
Choom Holdings Inc. (CSE: CHOO) (OTC: CHOOF)
Choom (CSE: CHOO; OTCQB: CHOOF), is pleased to announce that Specialty Medijuana Products Inc. ("SMP"), of which Choom Holdings Inc. is a 9.8% equity stakeholder, has received a cultivation license on an additional and contiguous site in Sooke, B.C. The license was issued and effective on May 17, 2019. Also today, the company was highlighted today in a publication from Financialnewsmedia.com, examining how cannabis cultivation operations are exploding in both Canada and the U.S. due the projected demand and potential shortages if operations are not increased. Farming operations are blossoming all over Canada and the west coast of the U.S., but the rest of the U.S. is looking to expand acreage also.
Choom Holdings Inc. (OTC: CHOOF) (CSE: CHOO) channels the laid-back spirit of Hawaii to the Okanagan region of British Columbia with a generous nod to the inspirational, yet unofficial, history of the 1970s "Choom Gang," a group of buddies in Honolulu (including former President Barack Obama) who knew how to relax with "choom," the local's term for marijuana. Choom's trademark slogans pivot off another unconventional phrase ("Say Hello to…"), bringing a heady dose of good times and good friends together as the company invites investors to "Say Hello to Choom™" as it lights up the adult recreational cannabis market in Canada.
Choom™ has been an ACMPR (Access to Cannabis for Medical Purposes Regulations) applicant since November 2013 in Vernon, B.C. The company's first application has received security clearance and is now in the detailed review stage. They also recently announced their second late-stage ACMPR application, which is in its confirmation of readiness stage. Cannabis Compliance Inc. has been retained to help expedite Choom's initial license applications to ensure the company's readiness for legalization of recreational marijuana in Canada mid-summer 2018.
True to the company's character, Choom™ is retrofitting two large facilities – No. 1 in Vernon, B.C., and No. 2 on Vancouver Island – to house its cannabis growing facilities. Phase 1 of the Vernon property will provide Choom™ with 6,800 square feet of growing space, capable of producing 660 kg/year of cannabis at an estimated revenue of $6.6 million, excluding oils. The company expects this facility to be completed by July 2018, the same month that Canada is expected to formally legalize recreational marijuana for adult use. A potential Phase 2, to be completed by the end of 2018, would add another 6,800 square feet for a total of 1,500 kg/year capacity, which would nearly double No. 1's revenue. A Level 9 vault is also planned with a storage capacity of 15,000 kg. While the No. 2 facility on Vancouver Island is smaller – 4,500 square feet – its retrofit is also slated to be completed by July 2018. Plans include doubling this space as well, which would add about $9 million in annual revenue, excluding cannabis oils.
Choom™ announced its retail dispensary strategy with the intention of establishing market leadership in reaching the Canadian cannabis consumer. The partner program is already in the retail space design stage as the company seeks to build a chain of branded retail cannabis dispensaries in jurisdictions in Canada where recreational cannabis is legal. Choom™ Stores will have a cool, modern layout and design created to emit an authentic "Aloha" vibe. Choom™ is all about producing high-grade cultivars and curating them for a bigger audience.
A savvy, experienced management team includes Chris Bogart, president and CEO; John Oh, R.P.I.C., Operations Manager; Robert Bayrack, Master Grower, S.P.I.C.; and Adrian Robinson, Strategic Advisor. Bogart has over two decades of international experience in capital markets and was a co-founder of InMed Pharmaceuticals and Magnum Uranium. He has structured complex equity financing transactions in the U.S., Europe and Canada. Bogart is joined on the Board of Directors by Kevin Pull, Stephen Tong and John Oh.
While the medical marijuana industry is expected to double by 2021 to 500,000 registered users, the true highlight of the recreational cannabis represents the key cultural shift set to launch in Canada. With an estimated $4.9B to $8.7B retail market coming, now is the right time for a Recreation Brand like Choom™ to be involved in this growing industry. Establishing and maintaining Choom™ premium brand loyalty is a key factor in the company's growth strategy. Get ready to "Say Hello" to opportunity, good times and good friends with Choom™.
Choom Holdings Inc. (CHOOF), closed the day's trading session at $0.38, off by 5.00%, on 278,172 volume with 143 trades. The average volume for the last 3 months is 610,009 and the stock's 52-week low/high is $0.284/$1.129.
- Specialty Medijuana Products Inc. Receives Cultivation License from Health Canada for Expansion Facility
- Cannabis Cultivation Seen As $22 Billion Operation In Next Three Years
- 420 with CNW – Two Cannabis Bills to be Voted on by Congressional Committee this Week
QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX-V: QMC) (FSE: 3LQ)
NetworkWire: QMC Quantum Minerals Corp. (TSX.V: QMC) (FSE: 3LQ) (OTC PINK: QMCQF) ("QMC" or "the Company") is pleased to announce that it has now received the assay results of the 1978 core derived from the Tantalum Mining Corporation of Canada's ("TANCO") drill program on the Mapetre and Central Dikes. During this 1978 program, the BQ core had been split and subsequently analyzed by TANCO to determine the tantalum and tin concentrations only; the lithium content had been ignored, as TANCO at that time had no interest in this metal. During this historical program, two short holes were drilled through the Mapetre Dike and 20 short holes were collared on the Central Dike. In the interim, the core has been securely stored in the TANCO core facilities at the mine site. TANCO is now a wholly owned subsidiary of Cabot Corporation.
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 $0.185, off by 2.63%, on 61,520 volume with 24 trades. The average volume for the last 3 months is 54,525 and the stock's 52-week low/high is $0.1155/$0.485.
- QMC Reports 2.97% Li2O Over 1.22 Metres at Central Dike
- QMC Confirms Significant Spodumene Mineralization in Historical Drill Core
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Advancing Canadian Lithium Projects as Global Demand Rises
SinglePoint, Inc. (SING)
Technology and investment company SinglePoint (OTCQB: SING) today announced a letter of intent to acquire ProActive Nutra, a GMP, FDA compliant CBD, mushroom and herbal cleanser manufacturing company. According to the update, the company operates in a GMP-compliant facility and currently manufactures over 30 products for the ProActive Nutra brand and many others as a private labeled finished product. To view the full press releases, visit: http://nnw.fm/fP58K and http://nnw.fm/9Sf48.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
- A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis' SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint's bitcoin payment solution to enable growers to process safer and more secure transactions.
- A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout's subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
- A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
- Signed original "Shark Tank" member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet's secure method of storing cryptocurrencies.
- Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
- Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary's product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation's largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint's chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SinglePoint, Inc. (SING), closed the day's trading session at $0.0121, off by 5.47%, on 6,606,621 volume with 210 trades. The average volume for the last 3 months is 4,152,648 and the stock's 52-week low/high is $0.0106/$0.068.
- NetworkNewsBreaks – SinglePoint, Inc. (SING) to Acquire ProActive Nutra; President Featured on Investor Ideas Potcast
- NetworkNewsBreaks – SinglePoint, Inc. (SING) Expects Dramatic Increase in Revenue, Profitability Through Direct Solar Asset Acquisition
- SinglePoint Completes Asset Acquisition of Direct Solar, Expecting to Dramatically Increase Revenues over $5 Million in First 12 Months
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