The QualityStocks Daily Wednesday, September 19th, 2018

Today's Top 3 StockMarketWatch

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The QualityStocks Daily Stock List

Royale Energy, Inc. (ROYL)

Penny Stock Tweets, Advanced Equity Research, Green Market Report, TipRanks, The Street, FXStreet, Micro Small Cap, YCharts, 4-Traders, Capital Cube, Street Register, Market Screener, Wallet Investor, InvestorsHub, Micro Cap Daily, Equities, Barchart, StockInvest, TradingView, Finance Registrar, Investor Place, Insider Financial, Stockhouse, and MarketWatch reported on Royale Energy, Inc. (ROYL), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Royale Energy, Inc. centers on the acquisition, development, and marketing of natural gas and oil. It owns and operates wells in the Sacramento and San Joaquin basins in California and has royalty interests in Alaska. The OTCQB-listed Company engages in the production and sale of natural gas; the acquisition of oil and gas lease interests and proved reserves; the drilling of exploratory and development wells; and the sale of fractional working interests in wells to undergo drilling. An independent exploration and production company, Royale Energy is based in El Cajon, California.

The Company has properties covering greater than 20,000 acres in California and nine 3D seismic surveys in the Sacramento Basin. At present, Royale Energy operates more than 60 natural gas wells to date. It owns interests in 12 natural gas fields in California. On February 4, 2014, Royale’s Cardiff well went into production.

Royale has its Lonestar Field. It includes in excess of 1,000 acres. The Lonestar Field has produced over five billion cubic ft. of gas from five separate Forbes sandstone reservoirs. The Lonestar Field includes the Goddard 7-1 Well; the Goddard #2 and Goddard #3 (offset wells to the Goddard 7-1); and the Magnum Well.

Royale Energy’s North Arbuckle is in Colusa County in the Sacramento Basin. Currently, this is the most active area for the Company. It has 10 producing natural gas wells, which have produced more than 5 billion cubic ft.

The Company’s plan is to drill many more in the next couple of years.
Royale has acquired more than 96,000 acres on the Alaskan North Slope. The acreage spans over 88 miles east and west of the Trans-Alaska pipeline route.

Furthermore, Royale Energy’s Victor Ranch Field is in Tehama County, in the Northern Sacramento Basin. This field has been producing natural gas for the Company since it drilled its first well there in 1993.

Royale Energy has an agreement with a major independent exploration and development company to expand its joint development agreement in the Sacramento Basin of Northern California. The expanded arrangement encompasses roughly 1,900 acres in the Rio Vista Gas Field. Royale will target the Capay and Martinez sands.

Previously, Royale Energy and privately held Matrix Oil Management Corporation entered into a Letter of Intent (LOI) to merge in a combined stock and assumption of debt transaction. Royale Energy announced that on February 14, 2017, Royale Energy Holdings, Inc. (Royale Holdings), filed a registration statement on Form S-4 with the Securities and Exchange Commission (SEC) for a proposed merger between Royale Holdings, Royale, and Matrix Oil Management Corporation and its affiliates.

Last week, Royale Energy and Matrix Oil Management Corporation jointly announced the closing and completion of the merger between Royale and Matrix. This merger transaction was approved by the Matrix and Royale Energy shareholders on November 16, 2017. It closed after the companies received the consent of Matrix’s lender, Arena Limited SPV, LLC.

The completion of this strategic transaction creates a high-growth California-focused operating company. It has an Executive Team experienced in raising accretive capital and acquiring, operating, and developing successful oil and gas projects.

According to an internal reserve report, as of December 31, 2016, Matrix had proved reserves of 9.1 million barrels of oil equivalent (BOE) (84 percent oil) with a PV10 value of $58.8 million based on SEC pricing. Matrix Oil has oil and gas properties in the Sacramento, San Joaquin, and Los Angeles Basins of California and the Permian Basin of Texas.

Royale Energy, Inc. (ROYL), closed Wednesday's trading session at $0.40, up 2.30%, on 10,781 volume with 7 trades. The average volume for the last 3 months is 19,196 and the stock's 52-week low/high is $0.316/$0.50.

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Mechanical Technology, Inc. (MKTY)

Stock Twits, Biz Journal, PinnacleDigest, StockOodles, SmarTrend Newsletters, Zacks, RedChip, and Dividend Investor reported earlier on Mechanical Technology, Inc. (MKTY), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Mechanical Technology, Inc. engages in the design, manufacture, and sale of test and measurement instruments and systems. These instruments and systems provide solutions for precision linear displacement, vibration measurement and balancing, and wafer inspection tools developed for markets that need the exacting measurement and control of products and processes in the development and implementation of automated manufacturing, assembly, and steady operation of complex machinery. Mechanical Technology is based in Albany, New York.

The Company conducts its work via its wholly-owned subsidiary, MTI Instruments, Inc. MTI Instruments’ products use a complete collection of technologies to solve complex, real world applications in manifold industries. MTI Instruments has an acquisition-based growth strategy. It is targeting for acquisition companies with $10 million to $30 million in annual revenues; and $2 million to $10 million in Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA).

Additionally, MTI is targeting for acquisition companies that manufacture precision test and measurement sensors, instruments, and systems used in automated manufacturing and assembly and consistent operation of complex machinery. Moreover, it is targeting companies that focus on aerospace, semiconductor, electronics, automotive and/or general industrial sectors.

MTI Instruments’ test and measurement segment has three product groups. These are: Precision Instruments; Semiconductor and Solar Metrology Systems; and Balancing Systems. MTI Instruments has its 2D/3D line of laser scanners. The ProTrak™ 2D/3D line of products are advanced, high resolution, high speed profiling sensor product lines for use in industrial, robotic, and manufacturing settings. The ProTrak series employs laser triangulation principles.

Pertaining to its Vibration and Balancing Systems, MTI Instruments has its PBS-4100+ Portable Vibration and Balancing System. The design of this portable vibration analysis and engine trim balance system for commercial and military aviation is to quickly pinpoint engine problems and eliminate avoidable engine removals.

For the first six months of 2018, Revenue at MTI Instruments remained higher than the same time period of 2017. The Company’s present 13 percent growth has been attributed to an increase in product sales to Asia. Regarding Q2 highlights, it had $382,000 in operating income recorded to date, versus a $96,000 operating loss at this time in 2017. In May, MTI Instruments started selling its renowned 1510 Precision Signal Generator on Amazon.com. This is the first product in the Company’s history to be sold on Amazon.

Mechanical Technology, Inc. (MKTY), closed Wednesday's trading session at $0.90, even for the day, on 450 volume with 2 trades. The average volume for the last 3 months is 4,492 and the stock's 52-week low/high is $0.5701/$1.179.

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InnerScope Hearing Technologies, Inc. (INND)

Wolf Street, OTC Markets, Marketwired, Stockhouse, Stockopedia, Biz Journals, Front Page Stocks, BioSpace, YCharts, Marketbeat, InvestorsHub, and MarketWatch reported on InnerScope Hearing Technologies, Inc. (INND), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

InnerScope Hearing Technologies, Inc. is a technology driven business with highly scalable B2B (Business-to-Business) and B2C (Business-to-Consumer) solutions. The Company has plans on opening, operating, and expanding a chain of audiological and retail hearing device clinics. InnerScope Hearing Technologies has its corporate office in Roseville, California.

InnerScope will compete in the DTC (Direct-to-Consumer) markets with its own line of "Hearables," and "Wearables" and inventive Apps on the iOS and Android markets. Its mission is to innovate and deploy products and services on a scalable platform for the 360-plus million people around the Global Suffering from Hearing Impairment to create an Eco-System around InnerScope.

The Company provides a B2B SaaS (Software as a Service) based Patient Management System (PMS) software program. The design of it is to improve operations and communication with patients. Moreover, InnerScope offers a Buying Group experience for audiology practices. This enables owners to reduce product costs and increase their margins.

InnerScope will create seven separate revenue generating divisions. The Company said that each division will generate revenues and be positioned for growth, thereby increasing InnerScope’s market penetration.

The ALPHA brand product line will be InnerScope’s first products to be registered as Class-1 FDA-Cleared hearing aid medical devices that will considerably grow its product portfolio of hearing assistance products and broaden its digital footprint via a multi-direct-to-consumer sales platform.

In August, InnerScope Hearing Technologies announced it entered into a Letter of Intent (LOI) to acquire 100 percent of LLC Value Hearing dba Value Hearing Aid Centers (VHAC). VHAC is a related party to InnerScope. At present, VHAC operates two Northern California hearing aid retail locations.

Upon completion, the acquisition allows InnerScope to execute its plans to disrupt the current 5-billion-dollar in the U.S., model brick and mortar hearing aid sales through offering factory direct pricing to consumers of its FDA-Registered hearing aid devices.

This month, InnerScope announced that it signed a definitive agreement to acquire all the assets of Kathy L. Amos Audiology headquartered in Walnut Creek, California. The Practice provides retail hearing aid sales and audiological services for the entire East Bay of the San Francisco area. The acquisition further strengthens InnerScope’s position in its physical retail presence.

InnerScope Hearing Technologies, Inc. (INND), closed Wednesday's trading session at $0.093, down 4.62%, on 1,926,491 volume with 191 trades. The average volume for the last 3 months is 2,740,107 and the stock's 52-week low/high is $0.00559/$1.50.

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Research Solutions, Inc. (RSSS)

Wall Street Resources and Marketbeat.com reported on Research Solutions, Inc. (RSSS), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

Research Solutions, Inc. is an innovator in providing cloud-based solutions for scientific research. It is a pioneer in cloud-based SaaS (Software-as-a-Service) research intelligence products and services for research-intensive organizations. OTCQB-listed, Research Solutions has its headquarters in Encino, California.

The Company’s cloud-based SaaS platform provides customers with on demand access to, and augmented data from, tens of millions of scientific, medical, and technical (STM) documents. This is in addition to tens of millions of articles previously published.

Research Solutions has its wholly-owned subsidiary Reprints Desk, Inc. Reprints Desk improves how journal articles and clinical reprints are accessed, procured, and legally used in evidence-based promotions, medical affairs, and scientific, technical, and medical (STM) research.

Reprints Desk and Altmetric LLP earlier agreed to integrate Altmetric badges to scholarly content obtained via Reprints Desk's award-winning research retrieval platform Article Galaxy. Altmetric is a top research metrics provider.

Reprints Desk has signed separate reseller agreements with Ritme and Alfasoft to deliver new tools and services that address the total range of knowledge acquisition and information management requirements of researchers in scientific, technical, as well as medical (STM) fields.

Research Solutions announced in November of 2017 that its wholly-owned subsidiary, Reprints Desk, was named to EContent Magazine's list of 100 digital content industry leaders for the 7th consecutive year in the Distribution and Delivery category. EContent Magazine's annual list is decided by a panel of 11 information industry experts.

In January 2018, Research Solutions announced that it appointed Mr. Roy W. Olivier to its Board of Directors. Mr. Olivier replaces Jan Peterson, who is retiring. Mr. Olivier presently serves as President and Chief Executive Officer (CEO) of ARI Network Services (previously NASDAQ: ARIS). ARI Network Services is a provider of an award-winning suite of SaaS tools and marketing services.

Last month, Research Solutions reported financial results for its Fiscal Q2 ended December 31, 2017. Total Revenue grew 12 percent to $6.8 million. Total Gross Margin was up 280 basis points to 25.4 percent. Net Loss from Continuing Operations was $0.7 million, or $(0.03) per share, versus a Net Loss of $1.1 million, or $(0.05) per share.

Mr. Peter Derycz, President and CEO of Research Solutions, said, "Our second quarter showed continued robust growth in our SaaS-based Platforms offering, which helped support a strong quarter in our Transactions business. Version 2.0 of our Article Galaxy Platform went live in December and the early feedback on user experience has been quite positive. We look forward to completing the migration by March and implementing other major framework additions, like self-registration, in the next several months.”

Research Solutions, Inc. (RSSS), closed Wednesday's trading session at $2.11, up 2.93%, on 5,227 volume with 4 trades. The average volume for the last 3 months is 6,331 and the stock's 52-week low/high is $1.00/$2.14.

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Sustainable Projects Group, Inc. (SPGX)

Infront Analytics, OTC Markets, Wallstreet Online, OTC Dynamics, Capital Cube, Market Exclusive, MarketWatch, Simply Wall Street, TradingView, OilandGas360, and 4-Traders reported on Sustainable Projects Group, Inc. (SPGX), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

Sustainable Projects Group, Inc. is a member of SP Group. Sustainable Projects is positioned to become a world leading natural resources holding and development company through value-based investments and collaborative partnerships with global leaders across the natural resources sector. SP Group has initiated its goals through pursuing investment and partnerships with some of the most diversified and integrated companies available on the market. OTCQB-listed, Sustainable Projects Group has its corporate office in Naples, Florida.

The Company is to invest into undervalued global companies via direct investment. Also, it is negotiating investment and collaboration agreements with different international leaders throughout the natural resource industry.

SP Group’s commitment is to negotiating working interests (WIs) in a broad array of natural resource projects worldwide. The Company uses the local knowledge and expertise of companies that operate its interests. Consequently, it benefits as non-operators from low-risk opportunities to provide a steady stream of resources to the global market.

SP Group chooses its investments and partnerships only from well established companies with a proven track record and that bring strong project experience to the Company. At present, SP Group is invested in a range of natural resources projects beyond its initial emphasis on oil and gas. Sustainable Projects Group announced in December 2017 the acquisition of myfactor.io AG. This is a business development company based in Liechtenstein.

Sustainable Projects Group is gaining direct access to a company with the experience and infrastructure to develop SME's and issue bonds. As part of its growth strategy for SME's, myfactor.io can place bonds in U.S. Dollars, Euros and Swiss Francs.

Sustainable Projects Group announced this past February the acquisition of a 10 percent stake in Falcon Projects AG.  Falcon specializes in bridge financing and refinancing solutions in the construction and project development industry. With this acquisition, Sustainable Projects Group continues to broaden its network of investments and partners in varied industries. Headquartered in Zurich, Switzerland, Falcon Projects AG is presently providing financing solutions to a host of real estate development projects initiated by some of Europe's top project developers.  

     

Sustainable Projects Group, Inc. (SPGX), closed Wednesday's trading session at $3.30, even for the day. The average volume for the last 3 months is 800 and the stock's 52-week low/high is $3.00/$4.50.

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Astro Aerospace Ltd. (ASDN)

Stockwolf, Stockwatch, The Street, Stockhouse, 4-Traders, MarketWatch, Business Wire, Penny Stock Hub, OTC Markets, Simply Wall St, and InvestorsHangowut reported on Astro Aerospace Ltd. (ASDN), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.

Astro Aerospace Ltd. is the developer of the world’s most advanced autonomous, unmanned, and manned flying vehicles. The Company works to be at the vanguard of this disruptive aerial industry. Astro Aerospace explores ways to apply its technology to worldwide challenges. These challenges include traffic congestion, pollution, and the overall stresses of daily life. Astro Aerospace is headquartered in Lewisville, Texas. The Company’s shares trade on the OTC Markets Group’s OTCQB.

Astro Aerospace’s in-house developed adaptive flight control algorithm keeps the ASTRO drone stable in most weather conditions, with minimal vibration. ASTRO Drones are a little larger than a compact car. They can fit into most garages. ASTRO was purposely designed with wide cabin glass for optimal comfort and a 360°surround view. The vehicle has a full carbon body and is equipped with 16 individual rotors.

The ASTRO is suitable for operating in densely populated urban environments and is an environmentally friendly solution. The design of its high-performance electric motor is to run quietly, fluidly, and totally emission-free. The Company’s drones do away with the requirement for gearboxes, water-cooling systems or aerodynamic steering flaps. The drones are outfitted with fiber optic technology.

The ASTRO features Fiber Optic Internal Communications; Touch Flight Control; Adaptive Flight Control Software; and Encrypted Communication Channels. Additionally, it features Field Oriented Motor Control; Fly-by-wire joystick; LTE (4G) network; and Glass Cockpit Avionics.

Astro Aerospace has acquired the assets to VTOL industry leader, Passenger Drone. Astro Aerospace’s Passenger Drone is a state-of-the-art aerial transport vehicle. It is scheduled to improve urban mobility and enable passengers to arrive at their destination rapidly and safely.

Today, Astro Aerospace announced that it was granted a Special Flight Operations Certificate (SFOC) - a permit for the operation of an unmanned air vehicle (UAV) system, for its passenger drone project, “Elroy”. Elroy is the Company’s two passenger eVTOL, short haul aerial vehicle with the ability to travel up to 70km/hr for 25 minutes totally emission free.

Elroy will be flight tested at the Toronto Markham Airport (CNU8) this week. It will perform numerous flight maneuvers, take offs and landings, exercising its newly developed Avionics software and flight control systems.

Astro Aerospace Ltd. (ASDN), closed Wednesday's trading session at $1.22, down 5.43%, on 75,322 volume with 112 trades. The average volume for the last 3 months is 59,534 and the stock's 52-week low/high is $0.006/$3.3299.

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Bemax, Inc. (BMXC)

Penny Investor Network, StockRockandRoll, PennyStockLocks, Penny Stock Tweets, Stock Guru, Insider Financial, and ResearchOTC reported on Bemax, Inc. (BMXC), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Established in 2012, Bemax, Inc. is a growing global distributor of Disposable Baby Diapers. The Company exports and distributes Disposable Baby Diapers from the United States to developing markets in Africa and Europe. In addition, it exports its private label brands from manufacturers in Asia and distributes to other growing markets. Listed on the OTCQB, Bemax is based in Dallas, Georgia.

The Company’s commitment is to the marketing, distribution, and delivery of high quality disposable baby diapers and wipes to respective target markets. Its current emphasis is to supply its clients with disposable baby diapers from manufacturers in North America where quality is superior.

Bemax is pursuing opportunities in the fast-growing international Consumer Staples and Household Products Industries. The Company focuses on business development and mentoring. It synergizes these models into the household products industry.

Bemax announced in 2017 that it entered into a multi-year private labeling agreement with North American Diaper Company (NADC). With this agreement, Bemax will buy, sell, export, and distribute Mother's Touch disposable diapers in private labeled format and in Bemax packaging not trademarked by NADC. NADC is a foremost U.S. manufacturer of value-priced, eco-friendly disposable baby diapers.

Bemax announced this past April that it filed for trademark with the U.S. Patent & Trademark Office (USPTO) for its brand of Mother's Touch disposable diapers. The Company officially filed for trademark on April 28, 2018 (Serial Number 87899104).

Bemax previously announced that its private label brands of sanitary pads and baby wipes would be available for sales commencing this month. The new Bemax private label brands are available on Walmart.com and on bemaxinc.com/webstore.

Shipment of the Company’s new private label brands to wholesalers and distributors started last month. Furthermore, Bemax will extend sales of its private label to other online selling platforms including target.com to support and grow online sales.

Bemax, Inc. (BMXC), closed Wednesday's trading session at $0.0005, even for the day, on 10,000 volume with 1 trade. The average volume for the last 3 months is 7,174,019 and the stock's 52-week low/high is $0.00028/$0.0052.

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CleanSpark, Inc. (CLSK)

WalletInvestor, Investor Place, Penny Stock Tweets, Investors Hangout, StreetInsider, OTC Markets, InvestorsHub, Stockhouse, The Street, Market Exclusive, 4-Traders, and Stock News Now reported on CleanSpark, Inc. (CLSK), and today we report on the Company, here at the QualityStocks Daily Newsletter.

CleanSpark, Inc. is a microgrid company with advanced engineering, software and controls for unique distributed energy resource management systems. The Company provides advanced energy software and control technology that enables a plug-and-play enterprise solution to contemporary energy challenges. OTCQB-listed, the Company formerly went by the name Stratean, Inc. It changed its name to CleanSpark, Inc. in November 2016.

The Company’s services consist of intelligent solar monitoring solutions, microgrid design and engineering, project development consulting services, system installation and consulting, and turn-key microgrid implementation services. CleanSpark also combines its microgrid services with a cutting-edge and patented stratified downdraft gasifier.

CleanSpark’s products include DNAPOWERPLAN™, Turnkey Microgrid Development Services, and mPULSE GRID MANAGEMENT™. The Company’s PowerPlan shows owners, tenants and stakeholders how to use energy generation, storage and advanced automation to achieve 25, 50 or even 100 percent grid independence.

Regarding mPULSE GRID MANAGEMENT™, CleanSpark’s mPulse software and controls package collects, archives, and analyzes data 24/7. This provides real-time control and reporting. It ensures that a customer’s projects are performing according to the DNA PowerPlan. By way of advanced monitoring, predictive analytics and professional maintenance, CleanSpark ensures optimal performance of a customer’s microgrid and maximum revenue.

Concerning Turnkey Microgrid Development Services, the Company develops, constructs, installs and maintains income producing nano and microgrids. CleanSpark helps customers make money through developing their own energy assets.

At the end of July, Pioneer Power Solutions, Inc. (PPSI) and CleanSpark announced that Pioneer's Switchgear segment received a $2.4 million equipment order as part of a contract for the new U.S. Embassy in Beirut, Lebanon. PPSI  engages in the manufacture, sale and service of electrical transmission, distribution and on-site power generation equipment.

PPSI’s Switchgear segment is providing medium voltage switchgear, master control panels and other circuit protective equipment as part of the primary electrical distribution service (normal and standby) for the facility. CleanSpark and PPSI signed a definitive agreement for CleanSpark to acquire largely all of the assets and operations of PPSI’s wholly-owned subsidiary, Pioneer Custom Electrical Products (Pioneer CEP) in exchange for a combination of CleanSpark stock, warrants and notes worth about $10 million. The transaction is now expected to close in Q4 2018.

CleanSpark, Inc. (CLSK), closed Wednesday's trading session at $7.30, up 386.67%, on 258,936 volume with 861 trades. The average volume for the last 3 months is 2,566 and the stock's 52-week low/high is $0.899/$4.00.

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Natcore Technology, Inc. (NTCXF)

Stockhouse, InvestorsHub, MarketWatch, OTC Markets, Business Insider, and StreetInsider reported on Natcore Technology, Inc. (NTCXF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Natcore Technology, Inc. concentrates on using its proprietary Foil Cell technology to considerably lower the costs and improve the power output of solar cells. The Company is creating the next generation of solar cells. Natcore is developing two main technologies. These are low-cost, all-back-contact solar cell structures, and Black Silicon cells.

A solar R&D company, Natcore Technology is headquartered in Rochester, New York. The Company’s shares trade on the OTC Markets Group’s OTCQB.

The Company’s Foil Cell (All Back Contact Solar Cell) uses a high-speed, low temperature laser process. Natcore’s Black Silicon technology streamlines the path to low solar cell reflectance.

Natcore Technology has its Natcore Laboratory in Rochester. This is a 19,000 sq. ft. facility. It has 8,000 sq. ft. of ‘class 10,000’ clean room. The Company engages in the full solar cell process at this laboratory - from bare silicon wafer to working cells.

Regarding the Company’s Foil Cell Structure, the process involves multilayer foil metallization. Key features/properties include low cost contact metals and simplified manufacture. This includes low capital equipment cost, small factory footprint, and low temperature processing.

Natcore Technology has established exclusive licenses and/or joint research agreements with Rice University, the National Renewable Energy Laboratory (NREL), Fraunhofer ISE and the University of Virginia. The Company has received 33 patents; 32 patents are pending.

Yesterday, Natcore Technology announced it significantly streamlined the fabrication method for its pioneering Natcore Foil Cell™. This allows for even lower-cost production methods.

The Company is targeting greater than 25 percent real-world efficiency for its eventual production solar cells. This is approximately a 25 percent performance improvement over numerous high-end commercial cells being installed today.

The use of laser processing to create the Company’s unique, all-back-contact cell structure has been eliminated and replaced by a carrier selective contact process. This is combined with a foil metallization, which can be inexpensively made with high-speed roll-processing methods. Natcore has started an accelerated development program to produce a prototype with the new process, and also include production cost and efficiency modeling by independent authorities.

Natcore Technology, Inc. (NTCXF), closed Wednesday's trading session at $0.0474, up 5.33%, on 83,196 volume with 11 trades. The average volume for the last 3 months is 70,429 and the stock's 52-week low/high is $0.0351/$0.2249.

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biOasis Technologies, Inc. (BIOAF)

OTC Markets Group, SmallCapFinancialWire, and PennyStocks24 reported on biOasis Technologies, Inc. (BIOAF), and today we report on the Company, here at the QualityStocks Daily Newsletter.

biOasis Technologies, Inc. focuses on overcoming the limitations of therapeutic drug delivery across the blood-brain barrier (BBB). The Company is developing and commercializing the xB3 platform, its proprietary blood-brain barrier delivery technology, to address unmet medical needs in the treatment of central nervous system (CNS) diseases and disorders.

A biopharmaceutical enterprise, biOasis Technologies is based in Richmond, British Columbia. The Company also has offices in the State of Connecticut. biOasis Technologies’ lists on the OTC Markets Group’s OTCQB.

The delivery of therapeutics across the BBB represents the single greatest challenge in treating neurological disorders. biOasis Technologies’ Transcend Platform consists of a varied set of peptide carriers and linkers. These, together, provide transport solutions for a variety of CNS therapeutics.

These include monoclonal antibodies, enzymes, small molecules, and different types of gene therapies. Transcend was discovered in the 1990’s in Dr. Wilfred Jefferies’s laboratory at the Michael Smith Laboratories at The University of British Columbia.

Transcend is founded on the naturally occurring human transport protein, melanotransferrin, also named MTf, CD228 and p97. MTf is found at low concentrations in the blood. MTf is able to cross the BBB by way of a process named Receptor Mediated Transcytosis where MTf molecules attach to receptors on the cells of the BBB and is then pulled through the cells and into the brain. With the Company’s proprietary Transcend carrier, the MTf protein can be attached to therapeutics of different sizes and types.

The Transcend Platform is now available to be licensed by biotechnology and pharmaceutical companies for the advancement of their neurotherapeutic programs. Regarding licensing opportunities, the Transcend Platform’s extensive patent structure provides licensees with premier protection of their intellectual property (IP) - with the opportunity to further protect fusion proteins and conjugates developed within the terms of their biOasis Transcend Platform licenses.

The Transcend Platform has achieved a significant high level of success in dozens of studies at greater than twenty third-party institutions and pharmaceutical companies. biOasis Technologies has acquired full patent protection for its Transcend group of peptide carriers and linkers.

The Transcend-peptide platform will now be referred to as the xB3 platform. It is part of the Company’s patented portfolio that is revolutionizing therapeutic brain-drug delivery.

biOasis Technologies is fully dedicated to advancing CNS drug development in association with academic institutions and pharmaceutical companies. The Company is also dedicated to engaging in the commercialization of its platform technologies with licensing opportunities available to the pharmaceutical industry for brain drug delivery.

biOasis Technologies, Inc. (BIOAF), closed Wednesday's trading session at $0.31, up 0.78%, on 11,000 volume with 5 trades. The average volume for the last 3 months is 9,360 and the stock's 52-week low/high is $0.2842/$0.935.

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Kalytera Therapeutics, Inc. (KALTF)

Stockhouse, Stockwatch, The Street, OTC Markets, InvestorsHub, Dividend Investor, and Investing.com reported on Kalytera Therapeutics, Inc. (KALTF), and we report on the Company as well, here at the QualityStocks Daily Newsletter.

A clinical-stage pharmaceutical company, Kalytera Therapeutics, Inc. is pioneering the development of a next generation of cannabinoid therapeutics. It is working to establish a leading position in the development of novel cannabinoid medicines for a spectrum of important unmet medical needs, with an initial concentration on Graft versus Host Disease (GvHD). Kalytera Therapeutics has its U.S. headquarters in Novato, California and its research facility in Israel.

GvHD is a multisystem disorder. It is a common, life-threatening complication of hematopoietic stem cell transplant (HCT) procedures. GvHD occurs when the transplanted donor cells attack the patient’s organs. This includes the skin, gastrointestinal tract, liver, lungs, and eyes.

Additionally, Kalytera Therapeutics is developing a new class of proprietary cannabidiol (CBD) therapeutics. The Company’s intention is to file composition of matter and method of use patents covering its novel inventions. Its intention is to explore the use of CBD, a non-psychoactive cannabis constituent.

Kalytera is working to advance a portfolio of synthetic, non-psychoactive cannabis-like molecules. Moreover, the Company will focus on orphan conditions, with the aim of generating data in humans that may support follow-on studies in major conditions.

Kalytera Therapeutics has received approval from the Institutional Review Board (IRB) at one of two clinical sites in Israel. This is to commence a Phase 2 study to evaluate cannabidiol (CBD) for the prevention of GvHD. The proposed study is a Phase 2, open label, multicenter trial.

This trial is to evaluate the pharmacokinetic profile, safety, and efficacy of multiple doses of CBD for the prevention of GvHD following allogeneic hematopoietic cell transplantation (HCT). The proposed study will take place at the Rabin Medical Center, Beilinson, and the Rambam Health Care Campus, Haifa, in Israel.

This past November, Kalytera Therapeutics announced that the United States Patent and Trademark Office (USPTO) issued a Notice of Allowance for US Patent Application 15/143,694 covering the use of cannabidiol (CBD) in the treatment of graft versus host disease (GVHD).

Mr. Robert Farrell, J.D., Kalytera Therapeutics’ Chief Executive Officer, said in November, "…There are currently few options to treat persons with GVHD, a critically underserved market. The results of the previous four clinical studies that evaluated CBD in the prevention and treatment of GVHD were exceptional and unprecedented. Based on that data, we believe that our proprietary CBD based therapeutic may provide a major advance in the prevention and treatment of this disease, and we anticipate that we will also soon receive Notice of Allowance for our US Patent Application 14/787,515 that covers both the use of CBD in the prevention of graft versus host disease, and the treatment of graft versus host disease.”

Kalytera Therapeutics, Inc. (KALTF), closed Wednesday's trading session at $0.08, down 1.23%, on 221,359 volume with 50 trades. The average volume for the last 3 months is 331,749 and the stock's 52-week low/high is $0.056/$0.4544.

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Opiant Pharmaceuticals, Inc. (OPNT)

TopStockAnalysts, ProfitableTrading, SmarTrend Newsletters, StreetInsider, Hit and Run Candle Sticks, BestOtc, Trade of the Week, StreetAuthority Daily, FeedBlitz, Daily Markets, and Zacks reported previously on Opiant Pharmaceuticals, Inc. (OPNT), and we highlight the Company as well, here at the QualityStocks Daily Newsletter.

Opiant Pharmaceuticals, Inc. is a specialty pharmaceutical company based in Santa Monica, California. It is developing pharmacological treatments for substance use, addictive, as well as eating disorders. Opiant Pharmaceuticals has its unique opioid antagonist nasal delivery technology. The Company’s initial product is NARCAN® Nasal Spray. It has approval for marketing in the U.S. by Opiant’s partner, Adapt Pharma Limited. Opiant Pharmaceuticals’ shares trade on the NasdaqCM.

The Company is developing opioid antagonists for the treatment of substance use, addictive and eating disorders, with a near term concentration on cocaine use disorder and binge eating disorder (BED).  Regarding BED, Opiant Pharmaceuticals states that its opioid antagonist nasal spray could be used as a symptom-driven therapy to manage activation of the reward circuitry, and assist patients in controlling their bingeing behavior.

NARCAN® Nasal Spray is a prescription medicine used for the treatment of an opioid emergency. NARCAN® Nasal Spray is to be given immediately. However, it does not take the place of emergency medical care.

Opiant Pharmaceuticals has an international, exclusive licensing agreement providing it access to Aegis’ Intravail® drug delivery technology for all of Opiant’s opioid antagonist compounds.

In October 2017, Opiant Pharmaceuticals and Titan Pharmaceuticals, Inc. (TTNP) announced a collaboration to investigate development of a novel approach to the prevention of opioid relapse and overdose in individuals with opioid use disorder. The two companies will conduct a feasibility assessment of a subcutaneous implant employing Titan Pharmaceuticals’ proprietary ProNeura™ sustained release technology to administer an opioid antagonist.

Last month, Opiant Pharmaceuticals announced positive data from a Phase I clinical study of the Company’s product candidate OPNT003 (intranasal nalmefene). In addition, Opiant provided an update on a meeting held February 8, 2018 with the U.S. Food and Drug Administration (FDA) pertaining to its planned development program. Nalmefene for injection was earlier approved by the FDA for treating suspected or confirmed opioid overdose.

OPNT003 is in development as a long-lasting opioid antagonist for the treatment of opioid overdose. Based on feedback from the FDA in connection with the meeting, Opiant intends to pursue a 505(b)(2) development path. The Company anticipates the potential to submit a New Drug Application (NDA) for the drug and intranasal delivery device combination in 2020.

Last week, Opiant Pharmaceuticals reported financial results for the transition period of August 1, 2017, through December 31, 2017. The Company’s Board of Directors approved a resolution changing Opiant’s fiscal year-end from July 31 to December 31.

For the five-month period ended December 31, 2017, the Company produced Revenue of roughly $11.8 million, versus roughly $14.8 million in the five-month period ended December 31, 2016. The decrease was mainly because of the $13.8 million received under the Purchase Agreement with SWK in the five-month period ended December 31, 2016 versus the recognition of Net Revenue of $11.7 million occurring from the royalties and milestones payments from the sale, by Adapt Pharma Operations Limited, of NARCAN during the five-month period ended December 31, 2017.

Opiant Pharmaceuticals, Inc. (OPNT), closed Wednesday's trading session at $22.09, up 4.35%, on 30,972 volume with 263 trades. The average volume for the last 3 months is 48,659 and the stock's 52-week low/high is $12.75/$48.00.

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Helix TCS, Inc. (HLIX)

Market Exclusive, GreenMarketReport.com, The Stock Rover, The Daly Marijuana Observer, Marketwired, Simply Wall St, Business Insider, Stock Daily Review, and The Street reported on Helix TCS, Inc. (HLIX), and today we highlight the Company, here at the QualityStocks Daily Newsletter.

Helix TCS, Inc. is a provider of integrated operating environment solutions for the legal cannabis Industry. The Company has acquired Cannabase, which is the oldest and largest wholesale platform in the cannabis industry. Helix TCS’ mission is to provide clients with the most powerful and inventive integrated operating environments in the market. This is to help clients better manage and lessen risk while they concentrate on their core business. OTCQB-listed, Helix TCS is based in Greenwood Village, Colorado.

The Company’s team consists of former military, law enforcement, and technology professionals. These have significant experience in security and law enforcement, intelligence, technology design and development, partner relations, data aggregation, venture capital, private equity, risk-management, banking, and finance.

Helix TCS’ services include Technology, Compliance, and Security. It offers a technology platform that allows clients to manage inventory and supply costs by way of Cannabase.

Regarding Compliance, the Company has a wide range of compliance services for companies in the Cannabis Industry. This safeguards clients’ ability to operate while increasing their access to services.

Concerning Security, Helix TCS offers Transport, Armed and Unarmed Guarding, Training, Investigation, as well as Special Services. Security is the Company’s flagship service offering.

In June of 2017, Helix TCS announced its acquisition of Security Grade Protective Services, Ltd.  Security Grade now operates as a wholly-owned subsidiary of Helix TCS. Security Grade is a Denver, Colorado-headquartered security firm. It provides a range of custom, full-service security solutions to cannabis business customers.

Security Grade has a strong concentration on surveillance technology. This acquisition allows Helix TCS to continue to expand its family of operating solutions with a number of services. These services include Information Technology (IT) security, building fortification, private investigations, and advanced video surveillance programs and software.

Helix TCS reported Revenue that increased in Q3 2017 85 percent from the previous year Q3, to $1,129,746. This was propelled by a major increase in the Company’s number of clients and also a full quarter of revenue from its Security Grade acquisition.

Helix TCS, Inc. (HLIX), closed Wednesday's trading session at $1.29, up 3.20%, on 13,796 volume with 36 trades. The average volume for the last 3 months is 16,028 and the stock's 52-week low/high is $0.75/$6.00.

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Integrated Cannabis Company, Inc. (ICNAF)

Awesome Penny Stocks, The Venture Report, Market Chameleon, BioSpace, Stockhouse, OTC Markets, Wallstreet Online, Investors Hangout, MarketWatch, Stockwatch, Market News Updates, Wallet Investor, TradingView, CannaBizNetwork, Barchart, and InvestorsHub reported on Integrated Cannabis Company, Inc. (ICNAF), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.

Integrated Cannabis Company, Inc.’s focus is health and creating health and lifestyle products using advanced delivery systems and formulations. The Company consists of dedicated scientists and product engineers. The Company was previously known as CNRP Mining, Inc. It changed its name to Integrated Cannabis Company, Inc. in June of this year. Integrated Cannabis Company has its corporate office in Vancouver, British Columbia.

The Company’s X-SPRAYS™ product line consists of eight market ready orally ingested spray products. Four products available are infused with hemp-based cannabidiol (CBD). Four products are formulated without a cannabidiol (CBD) infusion.

The products are highly bioavailable; the active ingredients in the sprays are already fully dissolved. As a result, the vitamins and minerals do not need to be further broken down once swallowed. They are immediately available for use by the body. The X-SPRAYS™ product line is packaged in precise, metered dose and convenient spray tubes. This includes a child-resistant version.

Integrated Cannabis Company has test marketed selected products in two Medical Marijuana dispensaries in the State of Colorado.  These sales commenced in February 2018 and continue. This is in addition to Internet sales. The Company’s CBD is hemp derived from Colorado. Its products are made in Arizona.

Regarding acquisition opportunities, Mr. John Knapp, Integrated Cannabis Company’s Chief Executive Officer, said this month, “We are currently in the late stages of reviewing a short list of potential acquisition opportunities that would broaden our product offering from the existing X-SPRAYS™ line to potentially licensed Cannabis formulations in several US States.”

Last week, Integrated Cannabis Company announced the completion of a market ready Tetrahydrocannabinol (THC)-infused spray product and the required licensure for manufacturing of the product in Colorado. The THC product utilizes the same nanotechnology used to enhance the CBD-infused X-SPRAYS™. This results in higher bioavailability and quicker uptake in comparison to capsules or powder. Integrated Cannabis continues to enhance the flavor profiles so as to find an ideal formula.

Integrated Cannabis Company, Inc. (ICNAF), closed Wednesday's trading session at $0.76202, up 8.38%, on 1,572,916 volume with 1,069 trades. The average volume for the last 3 months is 197,669 and the stock's 52-week low/high is $0.02309/$1.98.

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The QualityStocks Company Corner

NUGL Inc. (NUGL)

The QualityStocks Daily Newsletter would like to spotlight NUGL Inc. (NUGL).

The marijuana industry is maturing at a rapid pace, and an increasingly wide range of consumers are using cannabis in a growing variety of ways. As more and more products and services become available, technology company NUGL Inc. (OTC: NUGL) has created a platform to allow consumers to more easily locate suppliers. The company announced recently that it has made it even easier for customers to tailor their searches for the exact products they require (http://nnw.fm/eWYn5).

NUGL Inc. (NUGL) is focused on leading the evolution in business relations, development and organic data in the cannabis industry with a distinct platform. In this effort, it has developed a leading-edge, first of its kind search app and online directory for the marijuana industry that provides a one-stop source and listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands.

Headquartered in Chino Hills, California, which is home to a projected $5 billion legal marijuana marketplace, NUGL is on track to become a major asset for the global cannabis industry and related services sectors. The company recently established a strategic partnership with Thinklogic and appointed CEO Chris Adams to NUGL’s growing board of directors. Thinklogic is a top-level software development company specializing in projects for start-ups to Fortune 500 companies.

“This strategic partnership puts NUGL in a distinguished class, adding a first-rate technical software expert like Chris gives NUGL a unique technological advantage,” said Brandon Vargas CEO of NUGL. “With the addition of Chris’s knowledge and expertise combined with Thinklogics’ experienced and skilled staff, NUGL will have the ability to evolve and build a strong infrastructure unmatched in the 420 industry.”

NUGL is nearing completion of its initial launch timeline, with plans to launch the app on both Android and iOS platforms within the next few weeks. NUGL’s live testing of its software includes enhanced reviews that detail up to 10 category ratings. Each of the category rankings allow users to leave comments and choose among a 5-star rating among all categories or as few as they wish. The software’s rating platform allows for customization and transparency for users while providing invaluable feedback to shops and professional services.

“This is a major feature that is critical to our community,” said Jeff Odle, NUGL’s CTO. “Enhanced ratings will be a definitive difference validating our organic listings and raising the standard for the industry. We want the users to know what they are getting before they step into a store or sign up for a service.”

Leadership Team

NUGL is growing its team of developers and launching new features on an ongoing basis. The company is ahead of an impressive timeline, which includes building blocks for scalability and massive growth.

“Everything we do is focused on user experience. Our philosophy is simple – make it fun and easy to use, with the purest and most unbiased results,” said Ryan Bartlette, NUGL CMO. “As the industry evolves and becomes more sophisticated, NUGL will adapt and build the best marketing technology for the cannabis-related companies. We have gotten in on the ground level and know the pulse of the industry.”

NUGL CEO Brandon Vargas is a founding member of G6 Management, a full-service consulting firm advising cannabis professionals in all aspects of business. With over 10 years’ experience in the cannabis space, he has worked on dispensary, cultivation and infusion entity formation, licensing, real estate acquisitions, construction and build out, marketing, policy and procedures, compliance, staffing, and capital raises. Vargas has an extensive background working with various medical marijuana companies on investment and in developing greenhouse and commercial cultivation, distillate for vapes cartridges, CBD oils and infusions.

CMO Ryan Bartlette is co-founder and CMO of 23Forty LLC and Boxy. He has expertly positioned and branded many companies while bringing them to market and is a sought out graphic artist, front-end developer, photographer, and visual artist with experience in the entertainment and technology industry.

Jeff Odle, NUGL CTO, is a successful senior software architect has a long and distinguished career developing some of the most innovative, cutting-edge platforms available. His unique and distinctive approach to creating the blueprint for advanced programming is industry leading and unprecedented. He is a top-level architect responsible for developing some of the most forward-­looking software for various industries.

NUGL’s board of directors includes John R. Armstrong, a founding partner of Horwitz + Armstrong, a full service general business firm handling all aspects of litigation and business strategy and advice. Armstrong and his partner, Lawrence Hortwitz, have more than 10 years of experience in the cannabis space, representing cannabis professionals in all aspects of business including business formation, licensing, compliance with local and state regulations, real estate acquisitions, corporate mergers and acquisitions, financing, inclusive of capital raises and alternative financing, contracts, and all forms of dispute resolution.

Board member Hendrik Klein, founder of Da Vinci Asset Management, a privately-owned investment firm, serves as CEO and executive board member of Fritz Nols AG, a capital marketing consulting firm specializing in trading and asset management. Klein has received several industry awards including the Austrian Hedge Fund Award, the German Hedge Fund Award, and most recently was named the Global Best Performing Systematic Quantitative CTA. Klein and the Da Vinci team employ the latest quantitative data research and analysis in their innovative investment strategy.

NUGL Inc. (NUGL), closed the day's trading session at $1.67, up 5.70%, on 284,025 volume with 279 trades. The average volume for the last 3 months is 136,141 and the stock's 52-week low/high is $0.405/$1.799.

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Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF)

The QualityStocks Daily Newsletter would like to spotlight Phivida Holdings Inc. (PHVAF).

Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF), a premium functional food and beverage business based in Vancouver, British Columbia, was recently awarded full DTC (Depository Trust Company) and CNS (Continuous-Net-Settlement) eligibility for its common shares listed for trading on the U.S. OTCQX® Best Market. To view the full article, visit: http://nnw.fm/v8jF7.

Headquartered in Vancouver, Canada, with operations offices in southern California, Phivida Holdings Inc. (CSE: VIDA) (OTC: PHVAF) is a premium food and beverage company that develops CBD-infused functional foods, beverages and supplements poised for global distribution. All products in the Phivida label are infused with organic, hemp-derived cannabinoids into a variety of premium foods, beverages and clinical products for everyday health. Phivida is guided by a team of Fortune 500-caliber executives focused on a new strategic portfolio of products and brands, comprehensive consumer research, new product and brand development, improved visual identity and packaging design, and a strong distribution strategy.

The company’s motto – “Celebrating Health and Wellness, in Harmony™” – underscores Phivida’s mission to lead the alternative health care sector as the benchmark standard in premium CBD-infused functional beverages and tinctures. To execute this goal, Phivida is taking advantage of positive legislative developments in the United States and has defined an elevated national route-to-market strategy across the U.S. where small regional distributors will be now be replaced with large national distributors.

Management

Phivida’s management team includes president and CEO Jim Bailey, former president of Red Bull Canada and global chief marketing officer for Merrell Outdoors; Chief Marketing Officer Michael Cornwell, former chief marketing officer for Samsung New Zealand and the former director of marketing for Red Bull Canada; and Doug Campbell, former director of sales for Red Bull North America, who as Phivida’s chief commercial officer is tasked with driving new sales revenue growth.

Publicly traded on the Canadian Securities Exchange (CSE.VIDA) and recently graduated to the OTCQX Best Market in the USA (OTCQX.PHVAF), the company’s strong balance sheet carries CAD$15.7 million with no debt or loans with less than 60 million shares outstanding and the company is now well-capitalized to fun major mainstream distribution with a solid structure poised for long-term growth.

The Science

Using encapsulation technology, Phivida uses full spectrum CBD-hemp oil (rich in naturally occurring phytocannabinoids) converted into a water-soluble delivery format, which enhances delivery and absorption of the cannabinoids into the human body – up to an estimated tenfold.

Encapsulated CBD is infused into functional beverages, food and supplements containing a proprietary blend of phytonutraceuticals studied to target a range of health and wellness conditions. Phivida tests every product for microbials, heavy metals, pesticides, residual solvents, terpenes, and potency to guarantee less than 0.3 percent THC (tetrahydrocannabinol, the chemical compound in cannabis responsible for a euphoric high) is present.

Regulations

Federally legal under the 2014 Farm Bill, CBD from Hemp Oil is a rapid growth market across the USA. When derived from marijuana, CBD remains a schedule one controlled substances, giving hemp derived CBD oil infused products a competitive advantage on regulations. On June 28, 2018, the U.S. Senate passed the Agriculture Improvement Act of 2018 (i.e. the “Farm Bill), lifting the USA Industrial Hemp laws to an agricultural commodity status and effectively removed hemp from the controlled substance list.

Earlier this year, another milestone court ruling also provided significant regulatory support for the US CBD-Hemp sector. In February 2018, the Supreme Court preceded over the HIA (Hemp Industry Association) vs. DEA (Drug Enforcement Agency) in a class-action suit concerning the issue of CBD extracted from hemp, and the legality of industrial hemp. In the final ruling the Supreme Court unequivocally determined that – when produced domestically under the Farm Bill – hemp (and its derivatives) are not a controlled substance.

The Supreme Court ruling also found the Farm Bill (as it relates to hemp) “pre-empts” the Controlled Substances Act. Congress has since exempted Farm Bill hemp from the Controlled Substances Act (CSA) giving the Farm Bill primary jurisdiction over the governance of the CBD-Hemp Oil industry in the USA.

The DEA further conceded it does not “seek to control cannabinoids,” and that only marijuana derived cannabinoids are governed under the Controlled Substances Act. In May of 2018, the DEA issued a formal directive to all federal agencies (e.g. US Customs and Border Patrol) stating that cannabinoids are not controlled substances unless derived from marijuana, and that the “mere presence of cannabinoids” in any product or derivative does not render it a controlled substance. The Supreme Court ruling also resulted in the mediation of a settlement in what is now the third successful HIA vs. DEA suit in over a decade.

In Canada, the Senate approval of Bill C-45 legalized the production, distribution and use of recreation cannabis – with edibles to be added in 2019. The bill will officially become law as of October 17, 2018, creating a legal framework for the production, distribution, sale and possession of cannabis across Canada including cannabinoid-infused beverages.

3 Wholly Owned Subsidiaries

  • Phivida Organics Inc. offers professional-grade, wholesale, whole plant hemp oil extracts made from 100-percent certified organic hemp stalk. Phivida’s hemp oil extracts are CO2-extracted under quality assurance/clinical standards and are third-party lab tested to assure only pharmaceutical grade, cGMP certified, full-spectrum products are produced and available for sale. Phivida Organics produces hemp oil extracts that deliver nano-encapsulated cannabinoids in water soluble formulations designed to be absorbed up to 10 times faster than other oils, providing up to 400 percent bioavailability. Phivida Hemp Oil Vida+ extract products are available now online at www.Phivida.com.
  • Phivida Nutrition blends the best of nature into CBD-infused lifestyle branded beverages including a variety of CBD infused iced teas and CBD infused flavored waters.
  • Phivida Enhanced – Under the VIDA brand, CBD-infused tinctures, capsules and other supplement products are distributed to alternative health care clinics across the USA.

WeedMD-Phivida

Phivida has signed a binding letter of intent to joint venture WeedMD Inc. (TSX-V: WMD) (OTC:WDDMF) (FSE:4WE), a Health Canada federally licensed producer and distributor of medical cannabis, to form a joint venture focused on cannabis-infused beverages. The new joint-venture company, Cannabis Beverages Inc. (“CanBev”), plans to develop a production facility at WeedMD’s state-of-the-art greenhouse facility in Strathroy, Ontario, Canada. CanBev is on track to build and operate the first cannabis-infused beverage production facilities in Canada. The joint venture will focus on manufacturing, marketing and distribution of cannabinoid-infused beverages for the legalized medical and adult-use cannabis markets.

Management from both WeedMD and Phivida are collaborating on design and engineering strategies and site evaluations on a 610,000-square-foot, state-of-the art facility in Strathroy for the development of CanBev. As an emerging certified food grade production plant, the Strathroy facility is an ideal location and comes is equipped with extensive production infrastructure, including 50,000 sq. ft. of food production and packaging area, cold storage, loading docks, and adequate space to expand for future growth.

Strategic Agreements

Phivida Organics has also entered into an agreement to carry out a pharmacokinetic (PK) study on its hemp-derived, nanoencapsulated CBD with Artelo Biosciences Inc. at the University of Nottingham, School of Medicine at the Royal Derby Hospital, England. The study will test encapsulated-CBD on healthy volunteers and measure how fast and how much CBD enters the blood stream after oral consumption with each of the different formulations developed by Phivida Organics.

Phivida has also activated distribution agreements with Asayake Inc. to become one of the first federally approved CBD-infused food and supplement brands in Japan. With first mover status achieved, Phivida now markets to an underserved, yet highly informed population of 127 million patients and practitioners. The supplement market in Japan is estimated at US$10 billion with the overall functional foods market at US$21 billion. The Asia-Pacific region is the fastest growing market for natural plant-based supplements. Phivida now plans to prepare a formal application to Japan’s Consumer Affairs Agency to register the company’s CBD-infused functional food and beverage products for approval under the country’s Food with Functional Claims regime. The functional beverage market in Japan is estimated at US$10.35 billion with a CAGR of 2.5 percent (2015-2025).

Further Information

www.Phivida.com
+1 (844) 744-6646 (ext. #2)
IR@Phivida.com

Phivida Holdings Inc. (PHVAF), closed the day's trading session at $0.957, up 1.36%, on 344,177 volume with 186 trades. The average volume for the last 3 months is 73,947 and the stock's 52-week low/high is $0.05/$1.80.

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FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF)

The QualityStocks Daily Newsletter would like to spotlight FinCanna Capital Corp. (FNNZF).

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) a royalty company for the U.S. licensed medical cannabis industry is pleased to announce the appointment of Ms. Rosy Mondin to its Board of Advisors. Ms. Mondin is a leading advocate for the legalization of adult use cannabis in Canada and is the first woman to hold the role of CEO in a publicly traded company in the cannabis sector.

FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) is a royalty company aiming to be the capital partner of choice for high-growth, best-in-class businesses operating in the licensed U.S. medical cannabis industry. Primarily focused on the burgeoning California cannabis market, FinCanna leverages extensive investment expertise and industry experience to benefit its shareholders and portfolio companies.

Medical Cannabis Market

According to Ameri Research, the global market for licensed medical cannabis is growing at a compound annual growth rate (CAGR) of more than 21%, on track to exceed $63.5 billion by 2024. Within this market, FinCanna has identified considerable opportunity in California, the fifth largest economy in the world and the largest medical cannabis market in North America. Arcview Group forecasts California’s legal cannabis industry will grow at 21.1% CAGR to $6.5 billion in 2020, generating more than $1 billion in tax revenue.

Royalty Model & Portfolio

FinCanna’s “whole capital” solution for businesses in the licensed medical cannabis sector includes the provision of capital investment for a percentage of their future revenues. The FinCanna Capital Solution utilizes a royalty arrangement to deliver capital, in order to facilitate the growth or other specific objectives of its investees, and ensure the business opportunity is optimized. This model provides an alternative or complement to debt and equity financing, allowing investees to maintain financial flexibility and control of their business rather than entering into arrangements that may include restrictive debt structures or giving up an ownership stake.

FinCanna’s portfolio includes Cultivation Technologies, Inc. (“CTI”), a team of experts from Fortune 150 agriculture, medical cannabis, law, engineering and technology companies. FinCanna is providing funding to CTI for its planned, fully entitled, large-scale indoor medical cannabis facility to be developed in Coachella, California.

CTI has established an interim medical cannabis extraction facility (the “Interim Facility”) that will produce licensed medical cannabis products until the Coachella Project is complete. CTI is currently expanding its product line, Coachella Premium, to include vaporizer cartridges. Initial market feedback gathered during the product development phase indicates that Coachella Premium’s vaporizer cartridges offer a unique proposition within the vaporizer market, one of the fastest growing verticals in the cannabis market.

The Interim Facility can process up to 6,000 pounds of biomass per month, the equivalent of approximately 3.7 million grams of raw oil per year, with room for expansion. It is expected that the completed Coachella Project will be able to process 30,000 to 50,000 pounds of biomass per month, or the equivalent of 18 million grams to 30 million grams of raw oil per year.

Additionally FinCanna has entered into a royalty agreement with Green Compliance, a provider of point-of-sale software solution (“ezGreen”) for licensed medical cannabis dispensaries and cultivators. Green Compliance helps its customers comply with both the Health Insurance Portability and Accountability Act (“HIPAA”) and State Laws by ensuring patients’ confidential data is being handled properly, helping to protect from possible security breaches and financial and criminal liability resulting from potential violations.

FinCanna has also signed binding term sheet with Oakland, California-based Gram Co Holdings, subject to due diligence by FinCanna. Gram Co is a cannabinoid research and refinement facility focused providing B2B and B2C products and services to licensed medical dispensaries, infused product manufacturers, and numerous others in the cannabis supply chain. The company is also retrofitting a large, state-of-the-art medical cannabis extraction laboratory, which is expected to be operating in 2018.

The foregoing contains forward-looking statements regarding Cultivation Technologies Inc. (“CTI”) which are subject to risks, uncertainties and contingencies which include, but are not limited to the statements relating the future construction and completion of the CTI medical cannabis facility in Coachella, California, and the projected biomass processing and raw oil production at the facility. Such forward looking statements are based on assumptions regarding the construction, completion and operations of CTI’s proposed facility, including that CTI will obtain the financing required to build and equip its proposed facility, that CTI will obtain the additional financing required operate the facility, that construction facility is completed on time and budget, that CTI obtains state licenses to operate on a permanent basis, and that the equipment used in the cultivation of medical cannabis performs at scale in a similar way it performs at CTI’s pilot tests.

FinCanna Capital Corp. (FNNZF), closed the day's trading session at $0.215, off by 4.32%, on 127,137 volume with 31 trades. The average volume for the last 3 months is 43,689 and the stock's 52-week low/high is $0.10/$0.8736.

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Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF)

The QualityStocks Daily Newsletter would like to spotlight Standard Lithium Ltd. (OTC: STLHF).

NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF), a client of NNW engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilizing the Company’s proprietary selective extraction technology. To view the full publication, titled “New Automakers Emerge as Electric Vehicle Revolution Rages On,” visit: http://nnw.fm/i7eRr.

Standard Lithium Ltd. (OTC: STLHF) is focused on unlocking the value of existing large-scale U.S.-based lithium brine resources that can quickly be brought into production. The Company believes new lithium production can rapidly be brought on stream by minimizing project risks at selection stage; resource, political & geographic, and regulatory & permitting; and by leveraging advances in lithium extraction technologies and processes.

The Company’s flagship project is in southern Arkansas. The more than 180,000-acre “Smackover Project” is in the most prolific and productive brine processing region in North America. Agreements with large commercial brine operators in the region will allow Standard Lithium to utilize the extensive existing infrastructure, including brine supply and disposal pipelines, water, power and a trained workforce to fast-track project development timelines.

“Arkansas produces about 9.4 billion gallons of brine per year, according to 2010-2016 average statistics reported by the Arkansas Oil & Gas Commission.”

Standard Lithium signed a binding MoU with global specialty chemicals company LANXESS Corporation and its U.S. affiliate Great Lakes Chemical Corporation with the purpose of demonstrating the commercial viability of extraction of lithium from brine (“tail brine”) that is produced as part of LANXESS’ bromine extraction business at its three Southern Arkansas facilities.

LANXESS’ land operations in Southern Arkansas encompass more than 150,000 acres, 10,000 brine leases and surface agreements and 250 miles of pipelines. LANXESS extracts the brine from its wells located throughout the area, and the brine is transported to the three Arkansas plants through a network of pipelines. The three bromine extraction plants currently employ approximately 500 people and process and reinject several hundred thousand barrels of brine per day.

Standard Lithium has developed a breakthrough rapid lithium extraction process that reduces the recovery time of extracting lithium from brine to as little as several hours vs. the current industry method that takes years. The process is also much more environmentally friendly with a significantly smaller footprint than the conventional processes. The company has a signed agreement to locate a demonstration scale lithium extraction plant inside one of LANXESS’ chemical plants in Southern Arkansas.

The Company has also signed an option agreement with NYSE-listed Tetra Technologies for the lithium rights for exploration, extraction, and possible commercial development on approximately 30,000 acres of brine leases in Southern Arkansas. The largest available land package.

Recent laboratory results of four brine samples recovered from two existing wells in Standard Lithium’s project area showed lithium concentrations ranging between 347-461 mg/L lithium, with an average of 450 mg/L lithium in one of the wells and 350 mg/L in the other. Geological modeling of the project area is complete, and a maiden resource report is on the horizon.

Market Opportunity

World demand for lithium continues to surge. The global lithium compounds market is projected to reach U.S. $5.87 billion by 2020 at a compound annual growth rate of 13.22% between 2015 and 2020. Lithium-ion batteries are the fastest growing segment of the market.

Leadership

Standard Lithium’s commitment to being a premier, innovation-driven company focused on developing and commercializing new modern processes for lithium extraction is bolstered by the leading experts that comprise the company’s Scientific Advisory Council. Each member was selected because of their experience and expertise in areas that are central to and/or complement Standard Lithium’s current development plans. Standard Lithium recently welcomed to the Council world-renowned chemist Dr. Barry Sharpless, the recipient of the 2001 Nobel Prize in Chemistry for his work on chirally catalyzed oxidation reactions.

Standard Lithium is led by a team of professionals with proven strong technical and project development skills. CEO Robert Mintak has a global network of industry contacts and is a pioneer in the rapidly evolving lithium space. COO and President Dr. Andy Robinson is an experienced geoscientist with 20+ years of experience and a PhD in Geochemistry from the University of Bristol, UK. Dr. Robinson has worked on a wide range of projects in the resource, power and energy sectors in Europe, Africa, and North and South America.

The company recently appointed Robert Cross as non-executive chairman. Cross is an engineer with 25 years of experience as a financier and company builder in the mining and oil and gas sectors. He co-founded and serves as chairman of B2Gold, a top-performing growing gold producer which is expected to achieve nearly 1 million ounces of low-cost gold production in 2018. He was also co-founder and chairman of Bankers Petroleum Ltd.; co-founder and chairman of Petrodorado Energy Ltd.; and until October 2007 was the non-executive chairman of Northern Orion Resources Inc. He also was previously the chairman and CEO of Yorkton Securities Inc., and a partner in investment banking with Gordon Capital Corp. in Toronto. Cross has an engineering degree from the University of Waterloo (1982) and received an MBA from Harvard in 1987.

Following a multi-million-dollar financing in Q1 2018, Standard Lithium is well-positioned to meet its upcoming milestones including two maiden resource reports and the launch of its breakthrough rapid lithium extraction technology.

Standard Lithium Ltd. (OTC: STLHF), closed the day's trading session at $1.1699, up 2.80%, on 35,412 volume with 38 trades. The average volume for the last 3 months is 36,574 and the stock's 52-week low/high is $0.604/$2.23.

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DeepMarkit Inc. (TSX-V: MKT) (OTC: MKTDF)

The QualityStocks Daily Newsletter would like to spotlight DeepMarkit Inc. (MKTDF).

DeepMarkit’s (TSX-V: MKT) (OTCQB: MKTDF) proprietary promotions platform, Gamify, is helping businesses use games to promote their brands. To view the full article, visit: http://nnw.fm/4KUl6.

DeepMarkit Inc. (TSX-V: MKT) (OTC: MKTDF), based in Calgary, Alberta, Canada, is a patent pending gamification technology company inventing new ways to engage consumers and other audiences. The Company’s proprietary promotions platform – “Gamify” – enables businesses and agencies to create branded games that incentivize consumers, thus driving sales, capturing data and generating leads. The DeepMarkit platform integrates next-gen gamification engagement mechanics with interactive advertising industry standards and powerful visuals, including 3-D images. Customers may choose from both free and paid solutions suitable for campaigns of all sizes, targeting multiple channels on the web, mobile and social media.

A team of seasoned, passionate gaming executives, led by president and CEO Darold Parken, has worked together for more than 15 years developing games and gaming systems that are still used today by some of the largest gaming companies in the world. This accomplished executive team founded Chartwell Technologies, acquired in 2011 by Amaya Gaming, which now is known as The Stars Group (Nasdaq: TSG) with a market cap of over $5 billion.

Gamify offers a selection of easily customizable gaming apps featuring a customer’s branded e-store in addition to tailored landing pages, technical support, real-time analytics, data collection and an engaging marketing campaign. Gamify’s patent-pending app comes complete with unique user incentives that draw consumers in with games and prizes, which in turn engages shoppers, turning them into buyers and building brand loyalty.

The gamification market is rapidly expanding and projected to be worth $22 billion by 2022, with a CAGR of 41 percent. DeepMarkit is the only publicly listed company focused solely on this exploding market that embraces any size of business, from the mom-and-pop shops to the blue-chip giants. DeepMarkit’s management team knows that increasing a customer’s conversion rate by a mere 1 percent has the potential to double revenue, which is why Gamify’s app and its ability to transform simple shoppers into engaged buyers is so compelling.

“Our marketing platform enables customers to build branded games that incentivize audiences, generate leads, and drive sales. Businesses need a way to stand out from the crowd,” Parken states in an investor’s video (https://www.youtube.com/watch?v=97hJoRKR92k). “DeepMarkit’s gamification platform gives customers that way to stand out and it’s a way that they can afford. That’s the strength of our platform. For a relatively small amount of money, any business can create a very powerful, high quality customer engagement using gamification.”

DeepMarkit recently entered into a joint marketing agreement with ITN International (“ITN”), a global leader in trade show data capture and analytics. The agreement will enable the 1.5 million exhibitors at the 125-plus yearly events serviced by ITN to purchase a customizable campaign with prize delivery and branded games that can be used in collaboration with ITN’s lead retrieval solutions. DeepMarkit and ITN are currently integrating DeepMarkit’s patent-pending gamification platform directly into ITN’s exhibitor portal.

“We started DeepMarkit because we have a passion for games and we believe in the power of games, not just for entertainment but more importantly as a tool for business,” Parken said. “DeepMarkit is a gamification company. What we mean by that is that we create innovative ways to use games for business purposes. Games to generate customer leads, games to promote products, deliver rewards, build brand awareness and customer loyalty.”

Selected as the winner of the New Company/Product pitch competition at the Retail Global 2017 Conference held in Las Vegas, Gamify’s platform has also attracted a $1.5 million investment from Allstate International LLC in Hong Kong. The investment gives Allstate a 10 percent stake in DeepMarkit and a great opportunity to bring the Gamify platform into the burgeoning Asian gaming market.

DeepMarkit Inc. (MKTDF), closed the day's trading session at $0.0203, even for the day. The average volume for the last 3 months is 24,254 and the stock's 52-week low/high is $0.0195/$0.1199.

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Marijuana Company of America Inc. (OTC: MCOA)

The QualityStocks Daily Newsletter would like to spotlight Marijuana Company of America Inc. (MCOA).

Marijuana Company of America Inc. (OTC: MCOA) (MCOA Profile), which grows industrial hemp in Canada, will now be able to sell leaves and flowers as well as other parts of its plants, and is preserving this year’s crop in preparation for the change.

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 $0.0278, up 2.96%, on 14,557,378 volume with 623 trades. The average volume for the last 3 months is 8,008,970 and the stock's 52-week low/high is $0.0219/$0.0728.

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Sugarmade, Inc. (SGMD)

The QualityStocks Daily Newsletter would like to spotlight Sugarmade, Inc. (SGMD).

Hydroponic supply company Sugarmade (OTC: SGMD) earlier this month reported that it will be investing an estimated $1 million in capital in Hempistry, Inc. To view the full article, visit: http://nnw.fm/l67Ch.

Sugarmade, Inc. (SGMD) one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.

Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.

Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.

Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.

Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.

Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.

Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.

Management

CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.

Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.

Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base.

Sugarmade, Inc. (SGMD), closed the day's trading session at $0.1053, off by 2.50%, on 1,820,075 volume with 244 trades. The average volume for the last 3 months is 1,270,829 and the stock's 52-week low/high is $0.028/$0.43.

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

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

A shale boom has helped send U.S. crude oil production surging above 10 million barrels per day (bpd) for the first time since the 1970s, according to a monthly report from the U.S. Energy Information Administration (EIA), a Reuters article states (http://nnw.fm/q3nsX). Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), a fully integrated oil and gas company focused on the development and implementation of a new, proprietary technology for oil extraction, is in a prime location for contributing to the booming U.S. shale oil market as it makes final arrangements for continuous operations at its Asphalt Ridge facility in northeastern Utah.

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

Petroteq Energy is also participating in a blockchain initiative aimed at solving the global transaction needs of the oil and gas industry through the development of PetroBLOQ, the Company’s collaboration formed with First Bitcoin Capital Corp. (OTC: BITCF). PetroBLOQ’s novel blockchain-based oil and gas supply chain management platform is currently being co-developed by the two companies.

PetroBLOQ recently joined the Enterprise Ethereum Alliance (“EEA”), the world’s largest open-source blockchain initiative. Membership with the 200-member EEA represents a wide variety of industries and offers 14 industry-focused, member-driven working groups.

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

In addition, Petroteq has joined the American Petroleum Institute (API). The API is the only national trade association representing all facets of the oil and natural gas industry, promoting safety across the industry globally and influencing public policy in support of a strong, viable oil and natural gas industry. “API has led the development of operating standards for our industry, and we look forward to contributing our experience with oilfield technologies in addition to introducing our PetroBLOQ platform to its members throughout the supply chain,” Blyumkin previously stated.

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

The Company’s Asphalt Ridge mineral lease on 3,000-plus acres in northeastern Utah features a large contingent oil sands resource base with an estimated 87 million barrels of oil equivalent. In 2015, the company produced 10,000 barrels of oil from the Utah location and plans to increase production are underway. Utah holds over 32 billion barrels of undeveloped oil sands resources, which are also known as “oil-wet” deposits containing a mixture of sand and a dense, extremely viscous form of petroleum referred to as bitumen or tar. A recent upswing in developing domestic energy sources has intensified interest in technological advances such as Petroteq’s Liquid Extraction System.

The company’s Texas location includes an ownership interest (46%) in 7,000 acres under mineral leases with Accord, a Houston-based oil and gas exploration company that focuses on the development and recovery of heavy oil reserves and deposits. Two enhanced, licensed oil recovery technologies designed to increase oil recovery from more than 80 shallow oil wells on the property are expected to substantially improve the recovery rates of heavy oil deposits in this area. In both the Utah oil sands and traditional oil patch Texas project, the Company, its subsidiaries and Accord are using proprietary technologies, processes and methodologies to recover heavy oil, providing a distinct, strategic economic advantage for Petroteq Energy and its shareholders.

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

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

Petroteq Energy Inc. (PQEFF), closed the day's trading session at $1.0371, off by 1.23%, on 178,491 volume with 130 trades. The average volume for the last 3 months is 404,414 and the stock's 52-week low/high is $0.2899/$1.8892.

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Sharing Services, Inc. (SHRV)

The QualityStocks Daily Newsletter would like to spotlight Sharing Services, Inc. (SHRV).

Sharing Services, Inc. (OTCQB: SHRV) (“the Company”) today announces revenues of $12.9 million for the fiscal first quarter ended July 31, 2018, an increase over fourth-quarter revenues of $8.3 million. This quarterly performance sets a record for the Company, as it has now reported sales revenues of over $20 million since the December 2017 launch of products through its Elepreneur and Elevacity Global subsidiaries.

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

Sharing Services Inc. subsidiaries include:

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

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

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

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

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

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

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

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

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

Sharing Services, Inc. (SHRV), closed the day's trading session at $0.29, off by 2.68%, on 3,990 volume with 7 trades. The average volume for the last 3 months is 16,453 and the stock's 52-week low/high is $0.125/$0.899.

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Medical Cannabis Payment Solutions (REFG)

The QualityStocks Daily Newsletter would like to spotlight Medical Cannabis Payment Solutions (REFG).

Financial technology company Medical Cannabis Payment Solutions (OTC: REFG) announced, in a recent press release (http://nnw.fm/jVap9), that it is accepting applications for depository accounts for any state-sanctioned medical marijuana establishment.

Medical Cannabis Payment Solutions (REFG), headquartered in Cheyenne, Wyoming, is a first-tier merchant processing cannabis industry pioneer, offering one of the first and only comprehensive card processing operations of its kind to serve the state-sanctioned medical marijuana industry. The company’s state of the art system, which also tracks sales and tax collection, and eliminates the need to deal in cash-only transactions.

Through its robust, closed-loop merchant processing system, the company’s unique “StateSourced” proprietary system enables authorized operation under FinCEN parameters and complies with all regulatory frameworks. StateSourced is tailored to deliver full-spectrum merchant processing services, providing the convenience of modern commercial card processing resources and making it the first operation of its kind geared to the legal cannabis industry.

StateSourced is not a prepaid or gift card, which is an important variable for merchants since standard banking institutions have not offered this form of payment processing to the legal cannabis industry. Federal law still considers marijuana illegal under the Controlled Substances Act, although 29 states and the District of Columbia have legalized the plant either for medicinal or recreational uses or both. This restriction has kept financial institutions at bay since most banks are federally insured and haven’t been inclined to venture into the nascent industry.

Medical Cannabis Payment Solutions is able to offer its StateSourced card on a state-by-state basis where the card can be used in purchasing product from a legal, authorized vendor, providing a much-needed option for consumers and businesses alike. In another first, the company is collaborating with First Bitcoin Capital Corporation to integrate First Bitcoin’s cryptocurrency ($Weed) with Medical Cannabis Payment Solutions’ StateSourced payment gateway. This collaboration will allow state-licensed marijuana establishments across the nation to accept both StateSourced debit cards and cryptocurrencies such as WeedCoin and Bitcoin.

Medical Cannabis Payment Solutions president and CEO Jeremy Roberts and his executive team are working with state lawmakers to introduce legislation in an effort to address the growing problems in banking for the medical cannabis industry. For companies in the emerging legal cannabis industry, where retail and non-retail transactions such as vendor payments and payroll are almost exclusively paid for with cash, the solutions offered by StateSourced can help businesses avoid the inherent risks associated with a cash-intensive sector. Medical Cannabis Payment Solutions has also signed its first StateSourced contract with a Las Vegas-based vertically integrated marijuana establishment.

“We’ve completed our transition from development stage to revenue stage,” says Roberts. “We have just started our business development efforts and the market is responding very well. We anticipate having many more, similar releases.”

Medical Cannabis Payment Solutions provides end-to-end management across multiple systems for medicinal marijuana operations. The company solves the fragmentation problem experienced by many of these rapidly growing companies by identifying tools that are important to dispensaries and customizing those tools to meet the specific needs of this unique industry.

Medical Cannabis Payment Solutions (REFG), closed the day's trading session at $0.036, off by 5.26%, on 490,725 volume with 48 trades. The average volume for the last 3 months is 339,281 and the stock's 52-week low/high is $0.0161/$0.092.

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

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

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), which owns the patented DehydraTECH (trademarked) ingestion technology platform, is building its strategic intellectual property (IP) portfolio with three more patents in Australia and two Notices of Allowance from the U.S. Patent and Trademark Office (USPTO). LXRP expects to receive corresponding patents in the U.S. prior to year-end 2018 and also expects two more new patents in Australia to be received prior to year-end (http://nnw.fm/E1x1H).

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 cannabinoids. Though boasting a wide range of health benefits, cannabinoids are traditionally poorly absorbed by the body’s gastrointestinal tract. To achieve higher effectiveness, consumers usually default to smoking. Lexaria provides a superior administration method by delivering hemp oil ingredients – or through locally licensed partners, cannabis oil ingredients – through a patented process within food products.

The key differentiator between Lexaria’s products and others on the market is the company’s disruptive technology proven to enhance the absorption of orally ingested cannabinoids while improving the “unusual” taste of cannabinoids and allowing for lower overall dosing with higher efficacy. Lexaria is primarily a B2B enterprise, and is in licensing discussions or has existing agreements with companies in Canada, the largest-market states in the USA, and internationally. Lexaria has also developed its own brands partly for demonstration purposes, utilizing its patented technology to infuse hemp oil ingredients within lipids in popular foods. These brands include ViPova™, Lexaria Energy Foods, 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 both improve intestinal absorption as much as 500%. Additional follow-up studies in human volunteers suggested that Lexaria’s processed, lipid-infused tea may be more effective in an actual gastrointestinal system than in an in vitro simulation with results indicating as much as a 1,000% increase in overall absorption.

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 are expected to support accelerating B2B relationships – not just in the cannabis industry, but also to support new B2B business relationships in the fields of vitamins, NSAIDs, and nicotine delivery. All of these sectors expected to offer additional future growth potential.

Aside from testing, a critical component of Lexaria Bioscience’s business model is a strong intellectual property portfolio that utilizes the most commonly used food processing techniques. As of 2017, the company’s patent portfolio includes 19 patent applications filed and pending in more than 40 countries around the world. The most recent patent applications expand Lexaria’s lipophilic food and beverage composition claims to include the processing of cannabinoids, vitamins, NSAIDs and nicotine in many of the world’s most commonly used food processing ingredients. Lexaria is expecting additional new patent awards both in the USA and internationally in 2017 and 2018.

Royalties play a vital role in Lexaria’s revenue-generating business model. The company out-licenses its technology (royalty) to third party partners, and has several deals signed and/or pending. The company’s growth initiatives are guided by a management team headed by CEO Chris Bunka, a serial entrepreneur who has raised more than $50 million in working capital for the companies he has led over the course of his career. He is supported by a 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 $1.91, off by 5.45%, on 541,478 volume with 620 trades. The average volume for the last 3 months is 211,246 and the stock's 52-week low/high is $0.3219/$2.5399.

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Cannabis Strategic Ventures, Inc. (NUGS)

The QualityStocks Daily Newsletter would like to spotlight Cannabis Strategic Ventures, Inc. (NUGS).

Cannabis Strategic Ventures (OTC: NUGS) recently entered the pet care market through its acquisition of The Asher House Pet CBD brand from The Asher House LLC, as detailed in a recent news release (http://nnw.fm/hA2gv). To view the full article, visit: http://nnw.fm/KcX1P.

Cannabis Strategic Ventures, Inc. (NUGS), headquartered in Los Angeles, California, is focused on supporting entrepreneurial growth within the fast-growing legal cannabis sector. Through a selective portfolio of subsidiaries, Cannabis Strategic Ventures offers outsourced personnel solutions tailor-made to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. The company also pursues investment opportunities in the areas of real estate, cultivation, extraction, distribution, packaging, dispensary operations, and branded products within the cannabis space.

The legalization of adult-use sales in California is expected to create nearly 99,000 cannabis industry jobs in the state by 2021, representing about a third of all cannabis jobs nationwide, and 146,000 jobs overall when indirect and induced efforts are considered, according to Arcview Market Research. By 2021, direct cannabis industry employment will top 291,500 FTE jobs, with a total employment effect of nearly 414,000 FTEs across all legal cannabis states, according to the report.

Cannabis Strategic Ventures believes its staffing capabilities will be in a similar state of demand. The company in April 2018 completed a definitive agreement to acquire Worldwide Staffing Group, Inc., which booked approximately $1.5 million in revenues in 2017.

Worldwide will operate within Cannabis Strategic Ventures as an independent and separate wholly owned subsidiary providing strictly non-cannabis related employment and staffing services. As Worldwide continues to expand its operations in general clerical and administrative, marketing, accounting, and other verticals, Cannabis Strategic Ventures will leverage the subsidiary’s expertise to expand its business operations further into the cannabis staffing arena, with an emphasis on the California markets.

Cannabis Strategic Ventures’ BudHire™ subsidiary is an outsourced employment service specifically designed to meet the needs of growing cannabis-related business operations, utilizes a proven recruiting formula to match the most qualified candidates to a broad spectrum of cannabis-related jobs. Under the BudHire™ brand, Cannabis Strategic Ventures offers temporary, seasonal, permanent staffing solutions, as well as professional employment organization services and human resources consulting to the cannabis industry.

Cannabis Strategic Ventures portfolio also includes Pure Applied Sciences Inc. and its brand “PureOrganix™,” a line of high quality concentrate, organic and pure cannabis oils that conform with Current Good Manufacturing Practices (cGMP) and meet FDA guidelines for Active Pharmaceuticals Products (API). The acquisition includes all intellectual properties, including formulations and technologies, and related accessories of Pure Applied Sciences.

Cannabis Strategic Ventures Pure Applied Sciences subsidiary, has a cannabis concentrate extraction services agreement with CP Logistics LLC (“CPL”), a wholly owned U.S. subsidiary of Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF). Under this agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for Pure Applied Sciences under the Pure Organix brand name.

The management team at Cannabis Strategic Ventures believes there is incredible opportunity to carve-out and control specific industry niches, to create unique cannabis consumer branded products, and to expand into other sub-sectors of the cannabis marketplace.

Cannabis Strategic Ventures, Inc. (NUGS), closed the day's trading session at $4.24, off by 3.36%, on 125,073 volume with 321 trades. The average volume for the last 3 months is 96,934 and the stock's 52-week low/high is $0.0309/$7.13.

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Auscrete Corp. (ASCK)

The QualityStocks Daily Newsletter would like to spotlight Auscrete Corp. (ASCK).

SmallCapVoice.com, Inc. and Auscrete Corporation (OTCPK: ASCK, or the "Company"), announced today that the Company is featured in a new audio interview at SmallCapVoice.com, Inc. The interview featuring a closer look at the joint efforts of Auscrete and Spiro Sapounas can be heard at http://nnw.fm/qfON7.

Auscrete Corp. (ASCK) is a building products manufacturer of environmentally-friendly, energy-efficient housing and commercial structures using a lightweight hybrid concrete material developed through a proprietary technology. Auscrete’s unique process produces a medium that is cost-efficient, extremely soundproof, offers high insulation values, requires very low maintenance, won’t burn, non-toxic, highly resistant to insects and mold, and resists damage from hurricane forces and earth tremors. It’s a more affordable, energy-efficient “green” construction material that can be utilized for building residential housing and commercial structures.

Affordable homes are increasingly becoming more difficult to purchase in the U.S. with the median price of a new home consistently rising while wages stay stagnant in many areas and mortgage rates rise. The average price of new homes sold in the U.S. in 2017 was nearly $385,000, according to Statista. The homeownership rate in the U.S. has been in decline since 2004, the report states, and now amounts to a little more than 64 percent of Americans.

Auscrete’s lightweight concrete product is described as an aerated concrete material following infusion of a specially designed foaming agent during manufacture. This technology enables the product to have millions of minuscule air bubble “aggregates” introduced and evenly distributed throughout the cast sections, which creates a unique, lightweight product without compromising strength or structural integrity. Each hybrid panel also incorporates a distinctive XPS insulation amalgamation that guarantees greater comfort in a wide range of climatic conditions and a reduction in heating and cooling costs. The final product is a light and strong concrete panel with an extremely high insulation value, as well as excellent fire resistance and sound-proofing qualities.

Auscrete’s product also offers a high strength-to-weight ratio, allowing architects and engineers to develop new design and construction concepts that take advantage of the product’s reduced weight, which is nearly half that of normal concrete. Each panel can be cast in large sections, a common size being 16-feet by 8-feet, for easier transportation and faster construction on site. Savings are enhanced, not only by the energy efficiency of each panel, but through the use of mass production techniques. Auscrete estimates the company can produce a ready-to-move-in turnkey house for around $100 per square foot, which is significantly less than the 2017 median list price of $148 per square foot in the U.S., according to a report by Zillow.

Auscrete is constructing its flagship, 10-acre facility in Goldendale, Washington, on initially 5 acres the company recently purchased with the option to purchase another 5 adjacent acres. This new campus will ultimately comprise of 6 buildings, including 3 production buildings of 25,000 sq. ft. with each production buildings’ capacity of 100 homes annually, giving this flagship facility the ability to produce 300 homes or equivalent commercial structures per year.

During this construction phase, Auscrete has leased a commercial building in Goldendale. The facility will be used as a temporary headquarters and will also serve as a refurbishing station for production equipment the company has developed and used in its prior production plant. John Sprovieri, CEO and founder of Auscrete Corporation, is at the helm of the company with Mike Young serving as vice president of internal operations and Otto Paulette controlling the in-house mechanical services.

Auscrete’s Investor Relations Director, Lee Odom said, “The company’s construction process has already attracted interest from many developers, contractors and builders, some with large tracts of land looking to make available, significant numbers of Affordable Homes throughout the Country. Additionally, there have been significant commercial projects offered including 300 room destination hotel resorts, correctional facilities, a shopping complex, and a court house along with a flood of inquiries from people who are looking for more affordable building options”.

“This could really launch the commercial aspect for?ASCK, apart from residential home production which so many investors are not yet aware of,” Odom said. “A strong combination of both will lead?ASCK?to better performance through all business cycles, thus continuing to enhance the shareholder values, which is always the ultimate goal of Auscrete Corporation.”

Auscrete Corp. (ASCK), closed the day's trading session at $0.0342, off by 14.50%, on 25,200 volume with 11 trades. The average volume for the last 3 months is 29,035 and the stock's 52-week low/high is $0.0099/$32.90.

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Sunniva, Inc. (CSE: SNN) (OTC: SNNVF)

The QualityStocks Daily Newsletter would like to spotlight Sunniva, Inc. (SNNVF).

Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF) is pleased to announce that it has amended the terms of its previously announced bought deal offering of units (the "Units") of the Company (the "Offering"). Under the amended terms of the Offering, a syndicate of underwriters (the "Underwriters") co-led by Beacon Securities Limited ("Beacon") and Canaccord Genuity Corp. have agreed to purchase, on a bought deal basis, 3,800,000 Units at a price of $5.27 per Unit (the "Offering Price") for aggregate gross proceeds to the Company of $20,026,000.  (All figures are in Canadian dollars unless otherwise stated).

Sunniva, Inc. (CSE: SNN) (OTC: SNNVF) is a vertically integrated medical cannabis company operating in the world’s two largest cannabis markets – Canada and California – committed to delivering safe, consistent, high-quality products and services. Sunniva operates through its wholly owned subsidiaries: Sunniva Medical Inc., CP Logistics, LLC, Natural Health Service Ltd., and Full-Scale Distributors, LLC. Sunniva’s vision is to become the lowest cost, highest quality cannabis producer in the markets it serves by building large scale purpose-built cGMP-compliant greenhouses, offering best quality assurance with cannabis products free from pesticides, providing better patient and doctor access to cannabis education, and sourcing better therapeutic delivery devices.

The company is establishing sophisticated distribution channels, including Sunniva’s ownership of Natural Health Services cannabis clinics in Canada with over 95,000 active patients, to purchase the significant quantities of high quality Sunniva-branded and Sunniva private-labeled cannabis products.

Sunniva is an ancient English name which means, “Gift of the Sun.” Sunniva’s team of horticulturists, scientists and engineers is helping to set best practices for the industry, believing that sun-grown, solar-powered cultivation is the most sustainable and cost-effective way to grow high-quality, premium cannabis.

The Sunniva Family includes:

CP Logistics, LLC

Through its subsidiary, CP Logistics LLC, Sunniva is developing Sunniva Campus, a state-of-the-art, purpose-built greenhouse facility in Cathedral City, California. This modern purpose-built, agri-technology greenhouse will adhere to the Current Good Manufacturing Practice (cGMP) regulations that assure proper design, monitoring and control of manufacturing processes and facilities.

Phase 1 of the project includes a fully funded 325,000 square foot greenhouse capable of producing 60,000 kg per year of dry cannabis at capacity with operations commencing Q3 2018. Approximately 30 percent of initial total production will be converted into oils and extracts. Phase 2 is expected to increase the greenhouse by 165,000 square feet and grow production by about 40,000 kg per year.

These uniquely sealed greenhouses are designed to deploy custom, automation assembly line cultivation processes at a large scale. Energy consumption will be reduced while utilizing the energy of the sun and microclimatic controls to provide precise growing conditions. The greenhouse will recirculate air for more efficient climate control, and the company’s Integrated Pest Management System is designed to ensure every plant grown is certified clean and free of all contaminants and pesticides.

Sunniva Medical Inc.

Sunniva Medical Inc. is designing and preparing to break ground on the Sunniva Canada Campus encompassing 700,000 square feet of purpose-built cGMP greenhouse facilities in the Okanagan Valley, British Columbia. The total campus is expected to produce 100,000 kg of premium medical cannabis a year plus additional trim used for extraction. This facility will produce pesticide-free products and will convert trim to extracted products such as cannabis oil that can be used for drug delivery formats such as capsules, dissolvable strips, vaporization cartridges, tinctures and creams.

Sunniva and Canopy Growth Corporation (“Canopy Growth”) recently announced a large take or pay supply agreement. Under the terms of the agreement, Canopy Growth will purchase up to 45,000 kilograms of dried cannabis annually commencing Q1 2019, which includes the distribution of Sunniva branded products. Sunniva Medical is a late-stage applicant under Canada’s ACMPR and is in the final review stage of the process.

Natural Health Services Ltd.

Natural Health Services (“NHS”) owns and operates a network of eight medical clinics in Canada specializing in medical cannabis under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”). NHS connects licensed producers to their 21 physicians and patients with its proprietary SPARK software which utilizes a software-as-a-service revenue model. To date, there are 27 integrated licensed producers utilizing the SPARK software.

In-house physicians specializing in the endocannabinoid system provide expert consultation, education and recommendations for targeted phytoceutical remedies and wellness plans to improve the quality of life for all patients. NHS enjoys a long-term relationship with patients due to the quality of its physician-patient experience. A rapidly expanding NHS cannabis clinic network serves 94,000 active patients in Canada. NHS has also initiated a pilot program with a national pharmacy chain to aggregate more patients.

Full-Scale Distributors, LLC

Full-Scale Distributors, LLC is an industry leading provider of custom, private-label vaporizers through its brand, Vapor Connoisseur. The company currently serves the needs of over 80 top brands in the North American marketplace. Vapor Connoisseur is recognized for its high quality and innovative therapeutic delivery devices. Products are tailored to client needs, ensuring both safety and reliability.

Sunniva’s highly experienced management team is building partnerships with leading scientists, universities and clinical trial groups to deliver proprietary cannabis formulations to a broad spectrum of health ailments and conditions. These global partners require cGMP-certified facilities for the processing and manufacturing of cannabis products. Sunniva is committed to providing safe, pesticide-free, high quality, reproducible cannabis medicines.

Leading Sunniva is co-founder, chairman and CEO Dr. Anthony (Tony) Holler. He is the former CEO and founder of ID Biomedical, which was acquired in 2005 for $1.7 billion by GlaxoSmithKline. He is also the former chairman of Corriente Resources Inc., which was sold for approximately $700 million to CRCC-Tongguan Investment Co. Holler is currently chairman of CRH Medical Corporation, a public company trading on the TSX and NYSE. His expertise includes strategic planning, mergers and acquisitions and financing with a singular focus on increasing shareholder value.

Holler is joined by co-founder Leith Pedersen, who serves as president of Sunniva. Pedersen is the former owner and CEO of Vida Wealth Management Bahamas and was a former investment advisor at Canaccord Wealth Management. He is a former partner and director at JF Mackie and Company, an independent brokerage firm in Calgary, Alberta, that managed capital in excess of $2 billion for high net worth clients. Pedersen’s expertise is in corporate strategy, financing and mergers and acquisitions.

Sunniva, Inc. (SNNVF), closed the day's trading session at $4.26, off by 17.28%, on 479,476 volume with 780 trades. The average volume for the last 3 months is 61,209 and the stock's 52-week low/high is $3.609/$16.00.

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