The QualityStocks Daily Stock List
- Auxly Cannabis Group, Inc. (CBWTF)
- Optex Systems Holdings, Inc. (OPXS)
- International Stem Cell Corp. (ISCO)
- Maricann Group, Inc. (MRRCF)
- alpha-En Corp. (ALPE)
- Digerati Technologies, Inc. (DTGI)
- Kaya Holdings, Inc. (KAYS)
- Summer Energy Holdings, Inc. (SUME)
- Oroplata Resources, Inc. (ORRP)
- QPAGOS Corp. (QPAG)
- MOJO Organics, Inc. (MOJO)
- Vitalibis, Inc. (VCBD)
- Consumer Capital Group, Inc. (CCGN)
- Astro Aerospace Ltd. (ASDN)
Auxly Cannabis Group, Inc. (CBWTF)
MicroSmallCap, InvestorsHub, Stockhouse, Marijuana Stox, TradingView, Wallmine, 4-Traders, The National Marijuana News, Zacks, All Penny Stocks, OTC Markets, Investor Place, MarketWatch, Daily Marijuana Observer, Marketbeat, The Street, Marijuana Index, and Pot Network reported earlier on Auxly Cannabis Group, Inc. (CBWTF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Auxly Cannabis Group, Inc. operates as a cannabis streaming company. Its mandate is to foster growth for its partners through providing them with financial support and sharing the Company’s collective industry experience. Auxly Cannabis invests in and supports a wide assortment of cannabis cultivation companies.
Auxly Cannabis is based in Vancouver, British Columbia. The Company formerly went by the name Cannabis Wheaton Income Corp. It changed its corporate name to Auxly Cannabis Group, Inc. in June 2018. The Company lists on the OTC Markets Group’s OTCQX.
Auxly has established a foundational platform encompassing the whole cannabis value-chain, minimizing risk while simultaneously maximizing exposure to numerous, geographically-diverse cannabis companies through a single source. The Company is using the stream, or streaming model, to finance cannabis companies.
Auxly provides financial support for cannabis facility expansions, operations, as well as initial construction. It does so in exchange for minority equity interests and a portion of the cultivation production. Auxly Cannabis partners maintain their brand autonomy. Moreover, they attain access to better scaling flexibility.
In 2017, Auxly Cannabis acquired RockGarden Medicinals (2014), Inc. pursuant to the terms of a definitive share purchase agreement dated October 31, 2017. RockGarden was granted a cultivation license on August 25, 2017. RockGarden is a privately owned licensed producer of cannabis pursuant to the ACMPR.
Auxly Cannabis announced in February 2018 that it entered into a joint venture (JV) with Mr. Peter Quiring, one of Canada’s largest greenhouse builders and operators, via a newly created subsidiary (GreenhouseCo), to develop, build and operate a state-of-the-art purpose-built greenhouse for cannabis cultivation in Leamington, Ontario. Mr. Quiring will act as Chief Executive Officer of GreenhouseCo.
Recently, Auxly Cannabis and Kaneh Bosm BioTechnology, Inc. announced that Auxly completed a strategic investment and entered into a commercial rights agreement with Kaneh Bosm. The Transaction provides Auxly access to a substantial and established portfolio of global cannabis licences, assets and distribution networks. With this Transaction, Auxly Cannabis’ belief is that it has considerably sped up its entry into manifold worldwide cannabis markets and partnered with an ambitious team centered on future growth.
Auxly Cannabis also announced that, as part of the strategic alliance and streaming agreement earlier announced on March 5, 2018, Auxly has completed a $7,500,000 equity investment in FSD Pharma, Inc. Proceeds from the financing will be used to fund the continuing construction of the initial 220,000 square feet of cultivation space that Auxly Cannabis and FSD Pharma are jointly developing at FSD’s 620,000 square foot facility in Cobourg, Ontario, pursuant to the agreed upon construction and development budget announced on July 3, 2018.
Auxly Cannabis Group, Inc. (CBWTF), closed Tuesday's trading session at $1.10, down 1.79%, on 7,329,456 volume with 4,750 trades. The average volume for the last 3 months is 1,757,035 and the stock's 52-week low/high is $0.56/$2.70.
Optex Systems Holdings, Inc. (OPXS)
OTCMagic, Stock Beast, Penny Stock Newsletter, Stock Commander, MicroCapDaily, Epic Stock Picks, Wolf of Penny Stocks, DSR News, DamnGoodPennyStock, PHUB News, Damn Good Penny Picks, Penny Picks, PennyStockLocks, Prepump Stocks, StockRockandRoll, William Velmer, and S.A. Advisory reported on Optex Systems Holdings, Inc. (OPXS), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
Optex Systems Holdings, Inc. is a foremost manufacturer of optical sighting systems and assemblies, primarily for Department of Defense (DoD) applications. The Company also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products directly to the military services and to prime contractors. Optex Systems Holdings is based in Richardson, Texas.
Optex Systems, Inc. is a wholly-owned subsidiary of Optex Systems Holdings. Optex Systems Holdings reported in November 2014 the completion of the acquisition of the Applied Optics Center (AOC) Division of Warrior Systems Sector with the Electronics Systems Business Segment of L-3 Communications Corp.
Optex Systems’ products are installed on various types of U.S. military land vehicles. These include the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles. Moreover, its products have been selected for installation on the Stryker family of vehicles.
Optex Systems manufactures the US Navy 20x 120mm Ship Binoculars. In addition, the Company brings creative technology to vehicular mounted sighting systems. Its dismounted sighting systems work on weapon sights, night vision goggles, and any other sighting requirements outside of ships and land vehicles. Optex Systems can also meet commercial (non-military) requirements.
In September, Optex Systems, Inc. announced it was awarded more than $7 Million in new contracts to date during Q4 of 2018. Most of these contracts are for Laser Protected Periscopes. However, they also contain Non-Laser Protected Periscopes and different Sighting Systems. These awards are consistent with earlier contracts entered into by Optex Systems.
Mr. Danny Schoening, Optex Systems’ Chief Executive Officer, stated, “This increase in our backlog shows the continuing partnership between Optex, our Prime Customers, and the United States Department of Defense. Optex continues to support both the new production of armored vehicles and the ongoing repair and refurbishment programs. If today’s soldiers are inside the armored vehicles and monitoring the environment outside the vehicles, this is executed through Optex Products.”
Optex Systems Holdings, Inc. (OPXS), closed Tuesday's trading session at $1.60, down 0.62%, on 2,799 volume with 9 trades. The average volume for the last 3 months is 50,749 and the stock's 52-week low/high is $0.912/$1.84.
International Stem Cell Corp. (ISCO)
Serious Traders, Tiny Gems, Tip.us, MissionIR, Market Screener, StockInvest, Marketbeat, GuruFocus, Equity Clock, Research Gate, Canadian Insider, StocksToBuyNow, Zacks and Morningstar reported on International Stem Cell Corp. (ISCO), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
International Stem Cell Corp. is a clinical stage biotechnology company listed on the OTC Markets’ OTCQB. It is developing stem cell-based therapies and biomedical products. The Company’s emphasis is on the therapeutic applications of human parthenogenetic stem cells (hpSCs) and the development and commercialization of cell-based research and cosmetic products. International Stem Cell is headquartered in Carlsbad, California. The Company has a research facility in Oceanside, California.
International Stem Cell’s core technology, parthenogenesis, results in the creation of pluripotent human stem cells from unfertilized oocytes (eggs). The aforementioned hpSCs avoid ethical issues associated with the use or destruction of viable human embryos. They offer the potential to create the first true stem cell bank, UniStemCell™.
The UniStemCell™ bank is the life science industry’s first collection of non-embryonic histocompatible human stem cells available for research and commercial use. The human leukocyte antigen (HLA) system represents antigens essential for transplantation.
International Stem Cell scientists have created the first parthenogenetic, homozygous stem cell line. The Company produces and markets specialized cells and growth media for therapeutic research worldwide by way of its subsidiary Lifeline Cell Technology and stem cell-based skin care products via its subsidiary Lifeline Skin Care.
This past August, International Stem Cell announced that the United States Patent and Trademark Office (USPTO) granted the Company a key patent (US10039794) on the use of neural cells for the treatment of different neurodegenerative diseases. This patent encompasses the use of ISC-hpNSC®, the Company’s proprietary neural stem cells derived from human parthenogenetic stem cells, for the treatment of neurodegenerative diseases such as Parkinson’s disease, Alzheimer’s disease and amyotrophic lateral sclerosis (ALS). Additionally, the patent encompasses the use of neural cells derived from other human pluripotent stem cell sources, such as human embryonic stem cells (hESC) and induced pluripotent stem (iPS) cells.
Last week, International Stem Cell announced that the second patient of the third cohort of the clinical trial for Parkinson's disease was successfully transplanted with 70,000,000 ISC-hpNSC® cells. The surgery was performed by a team of neurosurgeons at the Royal Melbourne Hospital in Melbourne, Australia. The surgery proceeded without complications and the patient was discharged shortly after.
International Stem Cell Corp. (ISCO), closed Tuesday's trading session at $1.53, down 0.52%, on 1,319 volume with 7 trades. The average volume for the last 3 months is 4,173 and the stock's 52-week low/high is $1.25/$1.87.
Maricann Group, Inc. (MRRCF)
Weed Newswire, OTC Markets, Barchart, NewCannabisVentures, Stockhouse, Investopedia, Insider Financial, YCharts, The Street, MarketWatch, 4-Traders, Marketwired, Investors Hub, and TradingView reported on Maricann Group, Inc. (MRRCF), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Maricann Group, Inc. produces and distributes marijuana for medical purposes. The Company offers dried marijuana, cannabis oil, and gums. In addition, it provides accessories. These includes vaporizers, grinders, and other paraphernalia. OTCQB-listed, Maricann Group has its head office in Burlington, Ontario, and Munich, Germany. The Company has production facilities in Langton, Ontario.
On September 24, 2018, Maricann Group announced that it intends to change its name to Wayland Group Corp. In the interim, it expects to start operating via its subsidiaries under the business name “Wayland Group”. In expectation of the proposed name change, the Company also announced that, effective September 25, 2018, its ticker symbol on the Canadian Securities Exchange will be “WAYL”.
The Company is a licensed producer of medical cannabis under Canada’s Access to Cannabis for Medical Purposes Regulations (ACMPR). Maricann Group has federal licenses in Canada to cultivate, extract, formulate, and distribute cannabis.
In Langton, Ontario, Maricann operates a medicinal cannabis cultivation, extraction, and formulation and distribution business under federal license from the Government of Canada, and Dresden, Saxony, Germany. The Company’s new, state-of-the-art, fully dedicated cannabis production facility in Langton is on 100 acres of land. At present, the Company is undertaking an expansion of its cultivation and support facilities in Canada in a 942,000 sq. ft. (87,515 sq. m) build out, to support existing and future patient growth.
The Company’s Germany-based Ebersbach facility targets the significant European market with 820,000 sq. ft. of cultivation space and greater than 12,000 patients. Maricann has developed educational programming for patients and healthcare professionals. Through exclusive pharmacy agreements with approximately 20 percent of the nation’s pharmacies, Maricann is working to become a leading provider of cannabis at physical point-of-sale locations that patients trust.
One of Maricann Group’s acquisition’s is NanoLeaf Technologies. NanoLeaf is a biotechnology company. It has licensing rights to a number of globally patented technologies that provide proven pharmaceutical, nutraceutical, cosmetic, and functional beverage drug delivery formulations. Maricann’s Vesisorb is the first standardized dose cannabinoid soft gel capsule with a nano-dispersed carrier for the drug that is ideal for ingestional bioavailability.
Additionally, Maricann Group acquired Haxxon AG. The acquisition of Haxxon forms an important element of Maricann’s European expansion strategy. Maricann is now positioned to enter the Swiss market via Haxxon’s production of feminized high CBD cannabis plants.
Recently, Maricann (Wayland Group) announced that it will open its first retail location in Zurich, Switzerland in 2019. It will serve the market with high-quality cannabis products, which contain a maximum THC content of 1 percent. The opportunity comes on the heels of the Company’s strategic acquisition of Haxxon AG, granting Maricann (Wayland) the opportunity to take advantage of Haxxon’s production facilities in Regensdorf, Switzerland, and its production of feminized high CBD cannabis plants.
Yesterday, Maricann (Wayland Group) announced that it entered into an agreement to supply Cannamedical Pharma GmbH, a licensed, privately owned importer and distributor of cannabis in Germany to more than 2,200 pharmacies, with a minimum of 9,000 kilograms of EU-GMP certified cannabis flowers over a three year term. The two companies have completed mandatory quality assurance and control audits. They have scheduled the first shipment in December of this year.
Maricann Group, Inc. (MRRCF), closed Tuesday's trading session at $1.41, up 0.69%, on 521,334 volume with 593 trades. The average volume for the last 3 months is 257,362 and the stock's 52-week low/high is $0.95/$3.60.
alpha-En Corp. (ALPE)
Amigo Bulls, Penny Stock Hub, Stockscores, Speculating Stocks, Penny Stock Tweets, Street Insider, OTC Markets, Business Insider, Real Pennies, InvestorsHub, GuruFocus, Barchart, MarketWatch, and Wall Street Mover reported on alpha-En Corp. (ALPE), and we also report on the Company, here at the QualityStocks Daily Newsletter.
alpha-En Corp. is a clean technology business based in Yonkers, New York. The Company concentrates on enabling next generation battery technologies through developing and bringing to market high purity lithium metal and associated products produced in an environmentally sustainable way. alpha-En lists on the OTC Market Group’s OTCQB.
Alpha-En’s lithium metal is purer than what is presently available on the market. It is free of all base metals and common non-conductive impurities found in the existing commercial supply. The Company enables next generation energy storage. Its focus is on room temperature production of high purity lithium metal and associated products. Furthermore, alpha-En’s flexible disposition method can streamline battery manufacturing, leading to battery production cost benefits.
The room temperature process requires minimal electricity. In addition, utilizing Lithium Carbonate as feedstock reduces the Company’s raw material costs. The process is conducted at 20°-30°C. The room temperature, proprietary, patent pending process is mercury and chlorine free. This eliminates the use and release of toxic chemicals and expensive containment costs. Alpha-En’s proprietary technology and the absence of numerous chemicals usually required yields an extremely pure product - lithium metal without nonconductive impurities.
alpha-En and Cornell University have entered into a cooperative agreement to conduct sponsored research at the Baker Laboratory, under the direction of Mr. Héctor D. Abruña. Cornell University's agreement is for conducting vital analysis related to quantifying capacity and ion transport for the process of lithium thin film production patented by alpha-En.
The expectation is that the collaboration will take advantage of the hi-tech facilities available at Cornell University, especially the ability to study thin films of lithium "in operando", meaning – making movies, at the microscopic scale, of lithium film growth, as it happens in real time.
Argonne National Laboratory has entered into a collaborative agreement with alpha-En to assist in the scale and optimization of the Company’s process. alpha-En is sponsoring R&D (Research & Development) at Princeton University lead by Daniel Steingart, Ph.D. Professor of Mechanical and Aerospace Engineering and the Andlinger Center for Energy and the Environment at Princeton.
alpha-En Corp. (ALPE), closed Tuesday's trading session at $1.58, down 3.07%, on 600 volume with 2 trades. The average volume for the last 3 months is 1,907 and the stock's 52-week low/high is $1.19/$4.35.
Digerati Technologies, Inc. (DTGI)
AllPennyStocks, MicrocapVoice, OTCPicks, and SmallCapVoice reported earlier on Digerati Technologies, Inc. (DTGI), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Digerati Technologies, Inc. is a diversified holding company based in San Antonio, Texas. It has subsidiary operations in the cloud communications industry. Digerati, by way of its wholly-owned subsidiary, Shift8 Technologies, Inc., provides Internet-based telephony products and services via its cloud telephony application platform and session-based communication network. In essence, Digerati Technologies is an established and award-winning provider of cloud communication services.
The Company serves traditional carriers, telephony resellers, as well as other VoIP (Voice over Internet Protocol) carriers in the U.S. and internationally. Digerati provides VoIP communication services to telecommunications enterprises.
In addition, the Company provides Internet-based services. These include fully hosted IP/PBX services, IP trunking; call center applications, prepaid services, and interactive voice response auto attendant. Services additionally include call recording, simultaneous calling, voicemail to email conversion, and many customized IP/PBX features in a hosted or cloud environment for specialized applications.
The Company’s Shift8 Networks subsidiary is an enterprise hosted PBX and cloud-based Unified Communications service provider. Shift8 Networks provides voice, video, and mobile communications to thousands of businesses through its Channel Alliance program.
Shift8 integrates hosted VoIP with cloud-based messaging and desktop applications. Shift8's VAR program targets PBX Vendors, Information Technology (IT) Services firms, Managed Service Providers, and Systems Integrators that lack a cloud telephony infrastructure, but have an embedded customer base that requires Internet-based telephony services.
Digerati Technologies reported in December of 2017 that it completed the acquisition of Synergy Telecom, Inc. Digerati’s wholly-owned subsidiary, Shift8 Networks is combining Synergy Telecom with its Texas-based business and operations. The expectation is that it will immediately double the Company’s Texas-based revenue. Synergy Telecom is a foremost provider of cloud communication services in Texas.
Digerati Technologies will retain the “Synergy Telecom” brand for its Texas operations. It will continue building on Synergy Telecom’s established name recognition and brand affinity in its high-growth market. The Company started the transition from its Shif8 brand to the Synergy Telecom brand effective February 15, 2018 and phase out of the Shift8 name by May 1, 2018. This includes a corporate name change for the Texas corporation.
Today, Digerati Technologies announced that it completed the acquisition of T3 Communications, Inc. The Company stated that this acquisition positions Digerati Technologies for hyper-growth in two of the fastest growing sectors of the telecommunications industry, UCaaS (Unified Communications as a Service) and SD-WAN (Software-Defined Wide-Area Network). T3 Communications is a foremost provider of cloud communications and broadband solutions in Southwest Florida.
Digerati Technologies, Inc. (DTGI), closed Tuesday's trading session at $0.25, up 4.17%, on 6,730 volume with 9 trades. The average volume for the last 3 months is 6,686 and the stock's 52-week low/high is $0.165/$0.85.
Kaya Holdings, Inc. (KAYS)
OTC Markets, Barchart, Equity Clock, Stockhouse, Stockflare, TipRanks, Daily Marijuana Observer, Zacks, The Street, and Microcap Daily reported on Kaya Holdings, Inc. (KAYS), and we the Company as well, here at the QualityStocks Daily Newsletter.
Kaya Holdings, Inc., through subsidiaries, produces, distributes and sells legal premium medical and recreational cannabis products. These include flower, concentrates and oils, and cannabis-infused foods. The Company formerly went by the name Alternative Fuels America, Inc. It changed its name to Kaya Holdings, Inc. in April 2015. OTCQB-listed, Kaya Holdings is headquartered in Fort Lauderdale, Florida.
Kaya is the first fully reporting U.S. public company to own and operate a vertically integrated seed-to-sale legal marijuana enterprise in the United States. In January 2014, Kaya Holdings incorporated a subsidiary, Marijuana Holdings Americas, Inc., a Florida corporation (MJAI). By way of entities controlled by MJAI, Kaya centers on opportunities in the legal recreational and medical marijuana sectors in the U.S.
Kaya Holdings operates four Kaya Shack™ OLCC (Oregon Liquor Control Commission) licensed marijuana retail stores to serve the legal medical and recreational marijuana market in Oregon. The Company applied for and was awarded its first license to operate a Medical Marijuana Dispensary in March 2014. It developed the Kaya Shack™ brand for its retail operations.
On July 3, 2014, it opened its first Kaya Shack™ Medical Marijuana Dispensary in Portland, Oregon. In April of 2015, Kaya started its own medical marijuana grow operations for the cultivation and harvesting of legal marijuana.
Kaya also acquired a 26 acre parcel that it has targeted for development of the Kaya Farms™ Medical and Recreational Marijuana Grow and Manufacturing Complex.
Kaya Holdings announced in November of 2017 that it retained the services of the Willard C. Dixon Architect, LLC, architectural design firm of Eugene, Oregon, to design and assist with developing Kaya’s cultivation and manufacturing facilities on its 26 acre property in Lebanon, Oregon. Willard C. Dixon & Associates will assist Kaya Holdings with the initial site layout and design of the Kaya Farms™ Marijuana Grow and Manufacturing Facility.
Kaya has completed the processes required to launch its own home delivery service in Portland and Salem, Oregon. It expects to operate four cars at first, with more cars to be added as demand requires and as the Company expands into other cities in Oregon.
In March, Kaya Holdings announced that it received notification from the Linn Country Planning and Building Department that its application for site plan review for marijuana production, and its request for a conditional use permit for marijuana processing were reviewed and deemed complete. This is a necessary milestone in the process to obtain OLCC licenses to grow and process medical and recreational cannabis on Kaya’s 26-acre plot in Lacomb, Oregon.
This week, Kaya Holdings announced that it joined a committee organized by Oregon State Agency officials that includes opioids crisis experts, academics, licensed marijuana industry experts and foremost industry participants to explore ways to implement a Cannabis-Opioid Relief Program in Oregon. Kaya is participating under the Kaya Cares banner announced in November of 2017.
Kaya Holdings, Inc. (KAYS), closed Tuesday's trading session at $0.12, up 4.76%, on 224,997 volume with 48 trades. The average volume for the last 3 months is 239,424 and the stock's 52-week low/high is $0.10/$0.31.
Summer Energy Holdings, Inc. (SUME)
Marketbeat, TradingView, Penny Stock Tweets, Whale Wisdom, Real Investment Advice, Capital Cube, Zacks, Street Insider, Investors Hub, YCharts, Stockopedia, Wallet Investor, and MarketWatch reported on Summer Energy Holdings, Inc. (SUME), and today we report on the Company, here at the QualityStocks Daily Newsletter.
Summer Energy Holdings, Inc. operates as a retail electric service provider in the State of Texas. It has its wholly-owned subsidiaries - Summer Energy, LLC, a Texas Limited Liability Company (Summer LLC), Summer Energy of Ohio, LLC (Summer Ohio), and Summer EM Marketing (Marketing LLC). Summer Energy’s emphasis is on delivering reliable, low cost solutions to customers throughout Texas. OTCQB-listed, Summer Energy Holdings is based in Houston, Texas.
The Company’s sole operations are conducted via Summer LLC. Summer Energy acquires wholesale energy and resells to commercial and residential customers. The Summer LLC subsidiary is a licensed Retail Electricity Provider (REP) in Texas. Normally, Texas regulatory structure permits REPs, such as Summer LLC, to obtain and sell electricity at unregulated prices. REPs pay the local transmission and distribution utilities a regulated tariff rate for delivering electricity to its customers.
Summer Energy, as a REP, sells electricity and provides the related billing, customer service, collections and remittance services to commercial and residential customers. The Company’s geographic coverage includes Dallas/Fort Worth Metroplex, Houston and the Greater Houston area, Corpus Christi, and all surrounding cities. Residential customers are a secondary target market. Summer Energy expects that most of its customers will be in the Houston and Dallas-Fort Worth metropolitan areas. However, the Company anticipates an increasing number will be in an array of other metropolitan and rural areas within Texas.
The main target in the commercial market is small to medium-sized customers (less than one megawatt of peak usage). Nonetheless, Summer Energy will selectively pursue larger commercial customers via Management's existing, historical relationships.
Summer Northeast, a Texas limited liability company formerly named REP Energy, LLC, was acquired on November 1, 2017. It became a wholly-owned subsidiary of Summer Energy Holdings. Summer Northeast is a retail electric provider. It serves electric load to commercial and residential customers in the Northeastern U.S. It holds licenses in Massachusetts, New Hampshire, Connecticut, as well as Rhode Island.
Summer Energy’s key personnel come from other well-known local energy companies. As a group, they have greater than 36 years of retail energy experience.
For the three months ended June 30, 2018, Summer Energy generated $38,457,556 in electricity Revenue mainly from commercial customers, and from the addition of different long and short-term residential customers. Most of its Revenue comes from the flow of electricity to customers. Nevertheless, the Company also generated Revenues from contract cancellation fees, disconnection fees and late fees of $761,192. Revenues for the quarter ended June 30, 2017 were $27,703,540 from electricity Revenue and $ 1,314,033 from disconnection and late fees.
Summer Energy Holdings, Inc. (SUME), closed Tuesday's trading session at $1.99, even for the day. The average volume for the last 3 months is 260 and the stock's 52-week low/high is $1.40/$5.00.
Oroplata Resources, Inc. (ORRP)
OTC Markets, InvestorsHub, Equities.com, CapitalCube, Stockhouse, Investcom, Stockopedia, Marketwired, SmallCap Network, and Stock of the Week reported on Oroplata Resources, Inc. (ORRP), and today we are highlighting the Company, here at the QualityStocks Daily Newsletter.
Oroplata Resources, Inc., via its subsidiaries, engages in the exploration and development of lithium and other minerals. LithiumOre Corp is a wholly-owned subsidiary of Oroplata Resources. Oroplata engages in the development of lithium brine deposits in Nevada. Established in 2011, Oroplata Resources has its corporate office in Incline Village, Nevada. The Company’s shares trade on the OTC Markets Group’s OTCQB.
Oroplata Resources’ LithiumOre subsidiary is a lithium resource exploration and development company. LithiumOre’s chief emphasis is the establishment of a low cost production base to supply the fast growing lithium-ion battery industry for mobile devices and laptops, and the escalating EV (electronic vehicle) industry.
At present, Oroplata Resources’ LithiumOre subsidiary has 5,200 acres in the region called the Western Nevada Basin in Railroad Valley in Nye County, Nevada (WNB Claim). Its claims have undergone evaluation by experts and the Bureau of Land Management (BLM) and determined that 260 claims of the WNB Claim were appropriate for LithiumOre’s planned exploration that the Company expects to commence in this first half of 2018.
In April, LithiumOre announced that it executed a strategic partnership with 3PL Operating, Inc. for the exploration of the Company's Western Nevada Basin lithium brine project in the Railroad Valley, Nevada. 3PL has considerable experience in drilling, development and production of oil and gas that is alike to lithium development since the metal is contained in liquid brines and produced from shallow wells. 3PL will drill on the Railroad Valley to obtain brine samples and evaluate lithium concentrations at the Western Nevada Basin project.
Additionally, in April, LithiumOre announced that it identified a number of zones indicative of a lithium brine aquifer at its Western Nevada Basin project in Railroad Valley.
Mr. Doug Cole, LithiumOre Chairman and Chief Executive Officer, said, "We believe this is the start of something potentially very big for the U.S. lithium sector and are excited about the results of the early studies that show several zones interpreted as potential brine. This reinforces the potential for our project to host lithium brines as suggested by a large geochemical shallow soils lithium anomaly in lake sediments that was previously reported in the area.”
Last week, LithiumOre provided an update for its Western Nevada Basin project. It is finalizing a drill contract. It expects to start drilling before the end of next month. The initial drilling will comprise three holes to test priority drill targets earlier identified during surveys.
This drilling program is scheduled to drill three holes utilizing a sonic drill rig to a depth of 3,300 feet each, collecting brine samples at varying intervals. The Company stated that this is a vital next step in a process that will enable its project to be better evaluated in the second half of this year.
Oroplata Resources, Inc. (ORRP), closed Tuesday's trading session at $0.145, up 48.87%, on 1,723,230 volume with 111 trades. The average volume for the last 3 months is 119,623 and the stock's 52-week low/high is $0.0575/$0.419.
QPAGOS Corp. (QPAG)
Wallstreet Profiler, RedChip, Financial Content, Market Exclusive, ProfitableTrading, PennyDoctor, 4-Traders, Insider Tracking, Stockwatch, Marketwired, Insider Wisdom, Simply Wall St, Capital Cube, Dividend Investor, Investors Alley, Stockaholics, and Street Authority Daily reported earlier on QPAGOS Corp. (QPAG), and today we report on the Company, here at the QualityStocks Daily Newsletter.
QPAGOS Corp. is a provider of digital payment services for cash based and unbanked consumers in Mexico. The Company operates a network of self-service kiosks and applications designed to provide more convenient payment alternatives for consumers and more efficient billing for service providers. QPAGOS has its corporate headquarters in Mexico City, Mexico. The Company lists on the OTCQB.
QPAGOS has its state-of-the-art electronic payments technology. This technology provides users with a convenient and secure alternative for paying bills, products and services, using manifold devices. These include self-service kiosks, mobile, and Personal Computer (PC)-based applications.
For service providers, QPAGOS contributes to broaden their national collections footprint. This is while reducing transactional costs. For the Company’s distributors and franchisees, QPAGOS provides a very appealing income source as they can monetize high traffic physical spaces.
For advertisers, QPAGOS provides a new channel to attract business and interact with customers. QPAGOS self-service kiosks have an integrated second screen to broadcast advertising spots and messages. For QPAGOS users, there is no more waiting in line or trying to find a remote location to make frequent payments.
QPAGOS is working to capitalize on the unbanked alternative market. It is targeting the large Latin American market with a primary emphasis on Mexico. It is doing so through the steady rollout of its user-friendly bill payment kiosks and software.
QPAGOS announced in June of this year that it has partnered with Instituto del Deporte y la Recreación del Estado de Queretaro (INDEREQ), to deploy self-service kiosks and accept payments for INDEREQ members in the State of Queretaro, Mexico. INDEREQ was established as an independent public entity of the State of Queretaro. It has the mission of promoting and sponsoring sports in the State of Queretaro. Three of five initial QPAGOS self-service kiosks were installed at INDEREQ facilities.
This past August, QPAGOS announced that Q2 2018 results continued the strong revenue growth trend shown in Q1, as reported in the Company’s filed 10Q. Revenues for the three months ending June 30, 2018 were $1,701,763. This represents a 67.3 percent increase over the same quarter in 2017, and a 62.8 percent increase over the same January to June period of 2017. During Q2, collections at new locations, particularly municipalities, contributed to the growth, as QPAGOS government services solutions have expanded across the country.
QPAGOS Corp. (QPAG), closed Tuesday's trading session at $0.22091, down 1.82%, on 40,352 volume with 21 trades. The average volume for the last 3 months is 72,729 and the stock's 52-week low/high is $0.079/$0.60.
MOJO Organics, Inc. (MOJO)
InvestorsHub and Business Insider reported on MOJO Organics, Inc. (MOJO), and we report on the Company as well, here at the QualityStocks Daily Newsletter.
MOJO Organics, Inc. engages in the product development, production, marketing, and distribution of beverages. The Company’s beverages are Non GMO (Non-Genetically Modified) Project Verified. Its products include coconut water, sparkling coconut water, as well as tropical juice. Incorporated in 2007, MOJO Organics lists on the OTC Markets Group’s OTCQB. The Company has its head office in Jersey City, New Jersey.
Non GMO Project Verified is the highest certification. MOJO beverages have zero added sugar, no preservatives and low sodium. In addition, MOJO is vegan and gluten free.
MOJO coconut water comes in four flavors. These are regular coconut water, pineapple juice, passion fruit juice, and mango juice.
The Company’s sparkling coconut water comes in the same four flavors. MOJO Pure Coconut Water has been ranked in the top five brands of coconut water on Amazon.
MOJO Organics’ tropical juice comes in three flavors. These are mangosteen juice, dragon fruit juice, as well as pomel juice.
In February, MOJO Organics reported its Q4 2017 results. Sales Revenue for the three months ended December 31, 2017 was $289,124, a $132,339 increase (84 percent) over the same period the year prior of $156,786.
Gross Profit was $124,872. This represents an increase of $26,731 from the same period the year prior. The Net Loss for the period decreased by $252,668 to $187,463. This represents a 57 percent improvement from Q4 2016.
Mr. Glenn Simpson, MOJO Organics’ Chairman and Chief Executive Officer, said “As demonstrated by our significant revenue growth we made great progress in increasing same store sales and the number of retail points of sale in the eastern United States, during the quarter."
During Q4 2017, MOJO Organics considerably increased its ecommerce business on Amazon. Revenue was up by 149 percent to $39,871. This represents an increase of $23,828 versus the same quarter last year of $16,042.
MOJO Organics, Inc. (MOJO), closed Tuesday's trading session at $0.209, up 1.51%, on 4,811 volume with 3 trades. The average volume for the last 3 months is 12,715 and the stock's 52-week low/high is $0.1096/$3.18.
Vitalibis, Inc. (VCBD)
Stockflare, Stockwatch, Stockhouse, Simply Wall St, Morningstar, InvestorsHub, TradingView, 4-Traders, Stockopedia, GuruFocus, Investors Hangout, OTC Markets, Market Exclusive, and StreetInsider reported on Vitalibis, Inc. (VCBD), and we also highlight the Company, here at the QualityStocks Daily Newsletter.
Vitalibis, Inc. is a technology based seller of premium, full spectrum phyto-cannabinoid rich (PCR) products. The Company is also a seller of personal care and organic certified nutritional products formulated with premium hemp extracts. Vitalibis is working to be an iconic lifestyle brand that promotes health and wellness within the fast growing medicinal cannabis industry.
Established in 2017, Vitalibis has its corporate headquarters in Las Vegas, Nevada. The Company’s shares trade on the OTC Markets’ OTCQB. Last week, Vitalibis announced that its stock started trading on the OTCQB Market after successfully uplisting from the OTC Pink Market.
Vitalibis looks to use a strong technology platform and unique micro-influencer sales model to market and sell its products. Further to taking advantage of technology and selling high-quality products, the Company’s emphasis is on supporting non-profits with environmental and neuro-emotional missions.
Vitalibis is working to sell branded, full spectrum, phyto-cannabinoid rich hemp oil products, cold processed skincare, body care and organic certified nutritional products that are effective and safe. The Company uses the EWGs Skin Deep Cosmetics Database and other scientific research findings to help guide it on what to put in its products. All of Vitalibis’ products are made using cold-processed technology, to minimize heat and harmful ingredients.
Recently, Vitalibis announced a technology integration agreement to license the state-of-the-art newkleus™ technology to facilitate Vitalibis’ micro-influencer sales model, and enhance and complement the Company’s social media strategy. This agreement grants Vitalibis an exclusive license for the newkleus patent-pending, user-generated content (UGC) technology for all applications in the cannabis industry.
In addition, the integration of Vitalibis and newkleus technologies will considerably enhance Vitalibis’ ability to operate digital “engagement campaigns” that employ creative gamification principles and leaderboards to reward user behavior and boost user interaction.
This week, Vitalibis announced that its technology team is building a best-of-breed ecommerce platform. The Company is using the most contemporary in open-source technology, featuring Magento Enterprise Edition 2.0 as its digital ecommerce platform.
Mr. Steven Raack, Chief Executive Officer of Vitalibis, said, “Technology is at the heart of our business model for building relationships, disseminating information and connecting people. We must offer our customers and community a digital experience which is simple and engaging. Magento is the perfect partner for us to continue to accomplish our vision for being the trusted leader in the cannabis industry.”
Vitalibis, Inc. (VCBD), closed Tuesday's trading session at $3.50, up 7.03%, on 19,515 volume with 70 trades. The average volume for the last 3 months is 31,770 and the stock's 52-week low/high is $1.25/$4.91.
Consumer Capital Group, Inc. (CCGN)
StockTwits, OTC Markets, Street Insider, Market Exclusive, 4-Traders, Stockhouse WalletInvestor, and Stockopedia reported on Consumer Capital Group, Inc. (CCGN), and today we choose to report on the Company, here at the QualityStocks Daily Newsletter.
Consumer Capital Group, Inc.’s intention is to become a foremost Financial Technology (Fintech) company, which focuses on comprehensive financial advisory services for micro, small-to-medium sized enterprises (SMEs) in the People's Republic of China. The Company, by way of its subsidiaries, provides microfinancing and financial advisory services to micro, and SMEs. It also provides financial consulting services. Consumer Capital Group has its corporate headquarters in Flushing, New York. The Company lists on the OTC Markets Group’s OTCQB.
Consumer Capital Group mainly engages in two core businesses. These are microfinancing and financial advisory service. The Company operates its direct microfinancing business via its subsidiary, Arki E-Commerce, and its VIE, Arki Network. It operates its financial advisory service via Arki Network’s wholly-owned subsidiary Yin Hang.
Acquired by Arki Network in December 2016, Yin Hang commenced its operations in 2013. Yin Hang has developed its own big data risk assessment system to provide credit rating and risk management solutions to borrowers and financial institutions.
Consumer Capital Group provides advisory and risk assessment services to lenders and borrowers to help increase the efficiency of loan origination by financial institutions. The Company provides direct loans to SMEs and sole proprietors. It also provides private loans to borrowers. In addition, the Company acts as an intermediary to facilitate the loan transactions.
Consumer Capital Group offers financial consulting services. This includes loan origination criteria checkup, risk assessment, and loan monitoring services on a third party peer to peer online lending platform to SMEs and financial institutions.
Furthermore, the Company offers wealth management services through a financial advisory platform. This platform attracts capital from investors to invest in fixed income opportunities, including inter-bank loans, currency exchange products, and other equity investment opportunities to achieve return on their investments (ROI).
Consumer Capital Group also offers asset management, management consulting, and Internet information services. Moreover, it offers advertising design, production, agent, as well as publishing services.
Consumer Capital Group, Inc. (CCGN), closed Tuesday's trading session at $3.49, up 16.33%, on 2,231 volume with 21 trades. The average volume for the last 3 months is 958 and the stock's 52-week low/high is $1.01/$8.80.
Astro Aerospace Ltd. (ASDN)
Penny Stock Hub, Stockwolf, The Street, Stockhouse, 4-Traders, MarketWatch, Business Wire, Simply Wall St, OTC Markets, Stockwatch, and InvestorsHangout reported on Astro Aerospace Ltd. (ASDN), and today we are reporting 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 has its head office in Lewisville, Texas. The Company’s shares trade on the OTC Markets Group’s OTCQB.
Astro Aerospace’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 Company also features its custom-designed Touch Flight Control.
Astro’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. The vehicle is equipped with 16 individual rotors.
The ASTRO is suitable for operating in densely populated urban environments and it is an environmentally friendly solution. The design of its high-performance electric motor is to run quietly, fluidly, and also totally emission-free.
The ASTRO features Fiber Optic Internal Communications; Touch Flight Control; Adaptive Flight Control Software; and Encrypted Communication Channels. In addition, it features Field Oriented Motor Control; Fly-by-wire joystick; LTE (4G) network; as well as Glass Cockpit Avionics.
Last week, Astro Aerospace announced that it 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 slated to improve urban mobility and allow passengers to arrive at their destination fast and safe.
The Drone has a sleek design. Moreover, it offers structural efficiency. The Drone’s fiber-optic technology lessens aircraft weight magnetic interference. Astro Aerospace’s functioning prototype includes its VTOL capabilities.
Mr. Bruce Bent, Chief Executive Officer of Astro Aerospace, said, “We’re excited to take Astro’s technology and prototype and bring it to the general public, giving the opportunity to everyone who has dreamed of flying the ability to experience the thrill in a safe and controlled environment with the Astro Passenger Drone.”
Astro Aerospace Ltd. (ASDN), closed Tuesday's trading session at $0.9965, up 6.92%, on 135,504 volume with 71 trades. The average volume for the last 3 months is 49,455 and the stock's 52-week low/high is $0.006/$3.33.
The QualityStocks Company Corner
- ChineseInvestors.com (CIIX)
- Marifil Mines Ltd. (TSX.V: MFM) (OTC: MFMLF)
- Earth Science Tech, Inc. (ETST)
- American Premium Water Corp. (HIPH)
- Koios Beverage Corp. (CSE: KBEV) (OTC: KBEVF)
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)
- 665 Energy (SSOF)
- Youngevity International, Inc. (NASDAQ: YGYI)
- Cannabis Strategic Ventures, Inc. (NUGS)
- The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
- RYU Apparel Inc (TSX.V: RYU) (OTC: RYPPF) (FRA: RYA)
- Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
- Sugarmade, Inc. (SGMD)
- FinCanna Capital Corp. (CSE: CALI) (OTC: FNNZF)
ChineseInvestors.com, Inc. (OTCQB: CIIX) ("CIIX" or "the Company"), a leading online financial information provider and seller of industrial hemp CBD products for the global Chinese community, today announced that its subsidiary, CBD Biotechnology Co. Ltd., has entered into Alibaba Group's Tmall (NYSE: BABA), China's largest e-commerce marketplace for global and domestic brands and retailers. Also today, NetworkNewsWire released a report on the company talking about how CIIX’s CBD Biotechnology Co. Ltd., a wholly owned foreign enterprise, plans to market its private brand CBD hemp-infused rice wine in December, focusing on ‘hemp enthusiasts’ and the benefits of the product. Rice wine may be one important factor in the extreme longevity realized in the Chinese town of Bama in Guangxi Province. It is known as the ‘longevity town of China’ and boasts one of the highest ratios of centenarians globally: 73 out of a population of just over 300,000 (http://nnw.fm/Y7T4f).
Founded in 1999, ChineseInvestors.com (CIIX) has become a leading financial information website for Chinese-speaking investors in the United States and China. Recognizing unprecedented opportunities in the U.S. cannabis industry, CIIX is also laying the groundwork to capitalize on growing demand for cannabidiol (CBD)-based nutrition and health products.
Through its primary website, www.ChineseInvestors.com, CIIX offers a variety of investor education products and services, including real-time market commentary, analysis and educational related services in Chinese language character sets; consultative services to smaller private companies considering becoming a public company; and advertising and public relations related support services.
At the center of this initiative is the ChineseInvestors Method, a unique integration of a disciplined investing process, web-based tools, personalized instructions and support. Using this strategy, CIIX provides reliable market information to help investors make informed investment decisions and meet their individualized financial goals.
CIIX is also leveraging its financial expertise to enter into the burgeoning CBD industry, which within a few years has grown from a relatively invisible sector to a billowing market expected to reach $2.1 billion in consumer sales by 2020.
The increasing demand for CBD-based products is a catalyst for innovative business endeavors. To this accord, CIIX has established a three-year development plan to capitalize on the convergence of CBD and the nutrition and health products market in mainland China, where the benefits of CBD oil have not been widely recognized.
Under a wholesale agreement with a reputable CBD health brand, CIIX is launching the world’s first online CBD health products store published in the Chinese language. The site, www.ChineseCBDoil.com, caters to a growing number of Chinese people awakening to the numerous health benefits of CBD oil for treatment of a variety of conditions such as anxiety, stress, poor sleep, Alzheimer’s disease, and more. CIIX expects to launch this website at the end of January 2017, and plans to sell CBD-infused products via online and in-store.
In conjunction, CIIX’s cannabis-focused “Yelp”-style mobile app is in development as a platform for Chinese people to review and discuss various cannabis products. The app will be the first marijuana social media mobile app designed for Chinese-speaking customers worldwide.
ChineseInvestors.com (CIIX), closed the day's trading session at $0.99, up 19.28%, on 1,757,943 volume with 1,000 trades. The average volume for the last 3 months is 576,750 and the stock's 52-week low/high is $0.365/$1.58.
- Chineseinvestors.com, Inc. Unveils First CBD Skincare Line on Alibaba's Largest Online Retail Platform, Tmall
- ChineseInvestors.com, Inc.’s (CIIX) CBD Biotechnology Co. Ltd. Developed its CBD Hemp-Infused Rice Wine with ‘Hemp Enthusiasts’ in Mind
- NetworkNewsBreaks – ChineseInvestors.com, Inc. (CIIX) CEO Scheduled for Live Online Presentation on October 18
Marifil Mines Ltd. (TSX.V: MFM) (OTC: MFMLF)
Marifil Mines Limited (TSXV: MFM) (OTCQB: MFMLF) ("Marifil" or the "Company") announces that it has engaged UnityWest Capital Markets Ltd. ("UnityWest" or the "Consultant") to provide certain consulting services that will include marketing services to the Company (collectively, the "Services") pursuant to a consulting agreement dated effective August 20, 2018 between the Company and the Consultant (the "Consulting Agreement"). The term of the Consulting Agreement is for 12 months commencing August 20, 2018, unless earlier terminated in accordance with the Consulting Agreement.
Marifil Mines Ltd. (TSX.V: MFM) (OTC: MFMLF), headquartered in Vancouver, Canada, is engaged in the exploration, evaluation and acquisition of mineral rich resource properties in Argentina. A rising global demand for cobalt and lithium is generating interest in Marifil Mines and its resources located within South America’s famed “Lithium Triangle,” which include 15,267 hectares spanning its recently acquired Ratones and Fraile claims, as well as two lithium properties covering the southern portions of the Carachi Pampa salar in the Argentine province of Catamarca.
The company’s property also includes the Las Aguilas nickel-copper-cobalt deposit property, with more than four contiguous claims in the San Luis province of Argentina. The Las Aguilas property, which is 100% owned by Marifil, is noted as one of the largest cobalt properties in Argentina. Other noteworthy properties in the company’s portfolio include the Toruel copper-silver property, with more than two contiguous claims, and additional potash properties in Punta Colorada, Pedernal and El Carmen.
Marifil’s sizable portfolio of cobalt and lithium claims in what is recognized as the world’s most prolific mining jurisdiction for these resources strategically positions the company to benefit as global initiatives push demand for lithium-ion batteries toward a frenzy. Zion Market Research, a leading research and consulting firm, has forecast that the lithium-ion battery market could hit $67 billion by 2022, realizing a CAGR of more than 13.7% from 2017-2022. Both lithium and cobalt are major components of these energy storage solutions, with industry data indicating that the battery industry currently consumes roughly 42 percent of global cobalt production.
The company is reviving a lithium exploration program that was active in Argentina a decade ago, building on an unexplored mine it owns there. Marifil will utilize a large proprietary geologic and geochemical data base it developed during its 2009 lithium exploration program in the Salta and Catamarca province sites to resume lithium exploration in the region.
Applications for a second mine and negotiations to purchase a third property are underway, which would establish a significant property portfolio of ‘salar’ brine evaporation lakes. Hydrothermal solutions emanating from regional faults in area volcanoes often enrich the brine with lithium, boron, potassium and magnesium.
In addition to nearly 152,000 acres of lithium-staked properties, Marifil owns 887 acres of land for cobalt exploration and 91,565 acres of gold mining rights in an advanced exploration stage in San Roque that company engineers indicate has high gold discovery potential with “excellent infrastructure and mining friendly politics.”
To date, more than $7.5 million has been invested assessing Marifil’s flagship San Roque gold property, including nearly 16,000 meters of diamond core drilling. The property is jointly owned by Marifil and Novagold Resources, with Marifil holding a 51% stake and serving as the current project operator. The company recently commenced a drilling campaign to further evaluate several deposits of significant gold-silver-indium-lead-zinc mineralization on a 4-kilometer-long zone.
Marifil has closed a private placement funding for $2 million that will inject additional life into the company. Proceeds from the funding will benefit acquisition plans, the ongoing drilling program at Marifil’s gold claim and other output from its general working capital accounts.
Robert Abenante, a chartered professional account, serves as president and chief executive officer of the company. He has extensive experience in the public markets and has served as an officer and director of several public and private companies across various industries, with particular success in the mining sector.
Marifil Mines Ltd. (MFMLF), closed the day's trading session at $0.0993, up 9.72%, on 4,125 volume with 4 trades. The average volume for the last 3 months is 24,799 and the stock's 52-week low/high is $0.009/$0.165.
- Marifil Announces Corporate Consultant
- Argentina Proving to be a Land of Opportunity for Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF)
- NetworkNewsBreaks – Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) Seeks to Exploit the Mounting Commercial Potential of Gold, Lithium and Cobalt
Earth Science Tech, Inc. (ETST)
Earth Science Tech, Inc. (OTCQB: ETST) (“ETST" or the “Company"), an innovative biotech company focused on the cannabidiol (CBD), nutraceutical and pharmaceutical fields, medical devices, and research and development, today announces its agreement with Groupe Opmedic Inc. and its Procrea Fertility Laboratories to provide the laboratory services for the detection of sexually transmitted infections (STIs) in women using Hygee™.
Earth Science Tech, Inc. (ETST) is an innovative biotechnology company operating in the fields of hemp cannabinoid (CBD), nutraceutical, pharmaceutical and medical device research and development. Earth Science Tech offers the highest purity and quality, full-spectrum, high-grade hemp CBD (cannabidiol) oil on the market. Made using the supercritical CO2 liquid extraction process, the company’s CBD oil is 100 percent natural and organic. Earth Science Tech has partnered with the University of Central Oklahoma and DV Biologics Laboratory to conduct research and development projects that scientifically support and advance the healthcare benefits of its high-grade hemp CBD oil.
Earth Science Tech Inc. currently has three wholly owned subsidiaries focused on developing its role as a world leader in the CBD space and expanding its work in the pharmaceutical and medical device sectors. These subsidiaries include:
- Earth Science Pharma, Inc., which is committed to development of low cost, noninvasive diagnostic tools, medical devices, testing processes and vaccines for sexually transmitted infections and/or diseases. Earth Science Pharmaceutical CEO and chief science officer Michel Aubé is leading the company’s research and development efforts. The company’s first medical device, MSN-2, is a home kit designed for the detection of STIs, such as chlamydia, from a self-obtained gynecological specimen. Earth Science Pharma is working to develop and bring to market medical devices and vaccines that meet the specific needs of women.
- Cannabis Therapeutics, Inc. (“CTI”), which is poised to take a leadership role in the development of new, leading-edge, cannabinoid-based pharmaceutical and nutraceutical products. CTI is invested in research and development to explore and harness the medicinal power of cannabidiol. The company holds a provisional application patent for a CBD product that is focused on developing treatments for breast and ovarian cancers.
- KannaBidioiD (“KBD”) provides a wide variety of products geared toward the recreational space of cannabis. KBD’s unique Kanna and CBD formulation is sold and distributed in CBD-infused edibles and vapes/e-liquids products. Kanna and CBD synergistically enhance one another, providing optimal relaxation, an uplifting sensation, enhanced focus and the added benefit of assisting with nicotine reduction therapy.
Earth Science Tech celebrated a significant, developmental year during 2017 by sharing its achievements in a condensed end-of-year report. Among the report’s highlights are the implementation of a development plan for the coming three years, which includes expanding into Canada and opening new manufacturing and shipping facilities. Of particular interest is the acquisition of Canna Inno Laboratories Inc., a company headquartered in Montreal, Quebec, Canada, which gives Earth Science Tech access to Canadian government grants offered to innovators in the pharmaceutical industry. ETST has also launched development of proprietary prophylactic therapies utilizing cannabidiol (CBD) to treat various forms of breast cancer.
In October 2017, ETST announced it is cooperating with the Clinique SIDA Amité (AIDS Friendship Clinic) for a mini-clinical trial, the last trial needed before the MSN-2 device, designed for the detection of STIs, enters molecular diagnostic trials. And in November 2017, the company began pre-launch human trials on a new CBD formula to fight against the U.S. opioid epidemic. The new formula, expected to decrease cravings and the negative effects of withdrawal in addicts, is based on industrial hemp CBD mixed with a known natural ingredient proven to help increase dopamine levels. ETST’s medical devices will first be launched in Vietnam, Djibouti and Morocco while the company awaits regulatory permission to enter the North American market.
The company expects to up-list to the OTCQB in early 2018, which management believes will attract well-funded institutional investors and pave the way to becoming the next billion-dollar-in-capitalization company on the OTC markets. Other highlights include completion of the company’s Scientific Advisory Council with a team of recognized scientists, the launching of several CBD-infused edible products and entry into the medical devices market through collaborative partnerships.
Earth Science Tech has signed a collaborate agreement with Laboratories BNK Canada, a private laboratory that will conduct the clinical studies necessary for MSN-2 medical device-related services to meet regulatory requirements. ETST has confirmed the MSN-2 device’s ability to detect chlamydia, and is working to validate similar results for gonorrhea, both highly infectious diseases that often have permanent consequences for patients. ETST will also add testing for trichomoniasis and a complete body fluid panel to detect the different serotypes of the human papillomavirus (HPV) that causes cervical cancer. These additions will help the company create sales opportunities in the global market for diagnostic testing of STDs that Transparency Market Research has indicated will grow to $108 billion by 2019.
Cannabis Therapeutics is in the development stage of two cannabinoid-based pharmaceutical drugs and three cannabinoid-based nutraceutical products targeting a variety of ailments such as anxiety, depression, triple negative breast cancer, and fatty liver disease, among others. Research into the benefits of the non-psychoactive cannabinoid molecules found in the cannabis plant is supported by ETST’s International Application for Provisional Patent titled “Cannabidiol Compositions Including Mixtures and Uses Thereof,” which was filed on October 8, 2015. Cannabis Thera’s R&D efforts are concentrated on developing CBD-based drugs and nutraceutical products and in working to integrate the CBD molecule with existing generic drug molecules to create more efficient medications with fewer and less severe side effects. A report in Hemp Business Journal predicts the CBD consumer market will grow to $2.1 billion by 2020, while other industry experts expect an increase to almost $3 billion by 2021. A recent report by Statista projects the U.S. consumer market for cannabinoid-based pharmaceuticals could reach $50 billion by the year 2029.
The management team at Earth Science Tech brings decades of invaluable experience to the nutraceutical, dietary supplement field as well as the life sciences sectors. Nickolas S. Tabraue, who serves as the president, director and chief operating officer, is an industry veteran with extensive knowledge of supplements, retail management, customer service and sales expertise. He is joined by CEO and CSO Dr. Michel Aubé, a microbiologist whose scientific research in sexually transmitted infections, cancer and stem cell biology has been widely published in several prestigious medical journals. Sergio Castillo, chief marketing officer, and Gabriel Aviles, chief sales officer, bring a wealth of marketing and sales experience to Earth Science Tech, which is complemented by Issa El-Cheikh, Ph.D., and his 25 years in the international finance, accounting, planning and execution of large scale transactions in the public and private sectors.
Earth Science Tech’s products include CBD, a natural constituent of hemp oil derived from hemp stalk and seed. EST offers CBD in the form of vitamins, minerals, herbs, botanicals, personal care products, homeopathies, functional foods and other products delivered in such forms as capsules, tablets, soft gels, chewables, liquids, creams, sprays, powders and whole herbs. Earth Science products can be found at retail stores throughout the United States and are available for purchase through the internet.
Earth Science Tech, Inc. (ETST), closed the day's trading session at $1.44, up 8.27%, on 122,046 volume with 177 trades. The average volume for the last 3 months is 93,663 and the stock's 52-week low/high is $0.421/$2.45.
- Earth Science Tech, Inc. (ETST) Partners with Groupe Opmedic for Lab Results of Hygee Medical Device
- Earth Science Tech, Inc. (ETST) Shares Good News as Company Plans for the Future
- Earth Science Tech, Inc. (ETST) Enter into Talks with an Organic CBD Grower & Processor for an Exclusive Business/Supply Opportunity
American Premium Water Corp. (HIPH)
American Premium Water Corp. (OTC: HIPH), a diversified manufacturer, distributor and marketer of branded lifestyle consumer products, such as LALPINA Hydro CBD, the first hydro-nano CBD-infused beverage on the market, announces it has selected the corporate communications expertise of NetworkNewsWire ("NNW"). Also today, CannabisNewsWire released a report highlighting the company, detailing how it is just a matter of hours before recreational marijuana is legalized in Canada and researchers are suggesting that the country may not have enough marijuana on the shelves to meet the demand for it.
American Premium Water Corp. (HIPH), headquartered in Playa Vista, California, is a diversified holding company, manufacturer, distributor and marketer of branded consumer products. HIPH, the acronym for “Hi-Power of Hydro,” maintains a portfolio of subsidiaries catering to the health-conscious consumer and luxury fashion brand connoisseur. The company’s two main pillars focus on the development of health and beauty biotech, dedicated to unlocking the power of hydrogen and nanotechnologies. Paired with cannabidiol or “CBD” in a unique beverage, the technology is proving to be a significant health and wellness option for astute consumers.
Among the company’s holdings are:
- LALPINA Hydro beverages mix hydrogen with nanotechnology into consumer beverages that combine the best of health, nutrition and fitness to deliver short and long-term therapeutic health benefits. LALPINA Hydro utilizes atomic molecular hydrogen, or diatomic hydrogen, which converts antioxidants in the body to H2O to further enhance hydration, which helps increase endurance, reduce lactic acid and melt away fatigue. Over 500 peer-reviewed articles demonstrate hydrogen to have therapeutic potential in essentially every organ of the human body and in 150 different human disease models.
- LALPINA Hydro CBD is a technically superior CBD-infused beverage. Using hydro and nanotechnology, LALPINA Hydro CBD encapsulates water molecules with cannabidiol molecules, making them infinitely more bioavailable and accelerating delivery to the body’s cells and tissues. Each bottle of LALPINA Hydro CBD contains 3 million nanograms of CBD free from the psychoactive compound THC (tetrahydrocannabinol). HIPH is the first to introduce a hydro-nano CBD-infused beverage on the market, which is a more effective delivery mechanism for administering CBD into the blood stream than traditional beverages or oils, with up to a 90 percent higher absorption rates.
The company recently signed a distribution agreement for its subsidiary, LALPINA Hydro CBD, to sell its beverages to two SinglePoint, Inc. (OTCQB: SING) e-commerce channels: SingleSeed.com and DIGSHydro.com. SING is a technology and investment company with a portfolio that includes mobile payments, blockchain solutions and ancillary cannabis services. HIPH will drop ship its product to the customers.
HIPH CEO Ryan Fishoff said the e-commerce arrangements “could bring in excess of a million of revenue over the life of the agreement.” The agreement serves as a pillar of the company’s e-commerce distribution strategy, driving awareness and impressions for the LALPINA brand.
In addition, HIPH seeks to market emerging fashion brands and leverage its relationship with classic retail partners while incorporating disruptive blockchain technologies to expand its retail footprint with the following:
- Gents, a producer of luxury hats and other fine accessories and apparel, was acquired in September 2017. Gents is distributed across many luxury retail outlets including Saks Fifth Avenue, Bloomingdales, Nordstrom, and other high-end channels. The company added the Worthy streetwear brand to its portfolio in June 2018.
- HIPH also acquired the license to operate the FashionCoinX exchange, a blockchain exchange focused on creating utility tokens for the fashion industry, and created THRD Coin, a multi-branded utility rewards token that is also the first token to be traded on the exchange. The company is leveraging its retail footprint and expertise in the fashion and apparel space with the burgeoning blockchain sector.
American Premium Water Corp. (HIPH), closed the day's trading session at $0.0785, up 9.03%, on 14,801,875 volume with 954 trades. The average volume for the last 3 months is 13,760,899 and the stock's 52-week low/high is $0.0035/$0.132.
- Coverage Initiated for American Premium Water Corp. (HIPH) via NetworkNewsWire
- 420 with CNW – Canada May Not Have Enough Cannabis to Meet Demand Upon Legalization
- Cannabis Stocks Green with Huge Gains While Rest of Market Red
Koios Beverage Corp. (CSE: KBEV) (OTC: KBEVF)
Koios Beverage Corp. (CSE: KBEV; OTC: KBEVF:US) (the "Company" or "Koios"), is pleased to announce a distribution deal with Northern Colorado's FC Food Co-Op, Mountain Avenue Market, exposing the Company's products to thousands of new customers each week.
Koios Beverage Corp. (CSE: KBEV) (OTC: KBEVF) develops and distributes nature-based products that boost brain function, enhance health, and improve productivity. Its core vision is to help a billion people worldwide live more productively through the development of nootropics, which are supplements that improve cognitive abilities.
The company’s flagship product, Koios, is a GMP-certified dietary supplement. Made from natural ingredients and backed by science, Koios is designed to improve focus, memory, mental drive, clarity and energy. The company produces Koios in the following formulations:
- Powder supplements containing nootropics as well as caffeine and lion’s mane and chaga mushrooms;
- Vegan-friendly capsules;
- Canned beverages containing nootropics along with MCT oil to burn fat and increase metabolism.
Not to be mistaken with prescription-only drugs which are at times used for similar effects, nootropics are over-the-counter dietary supplements; some of which, like Koios, contain ingredients that are currently used in the treatment of patients with Alzheimer’s disease. The global field of nootropics is growing rapidly and expected to reach USD $6,059.4 Mn by 2024 with a CAGR of 17.9 percent from 2016 to 2024.
According to media reports, there is believed to be significant and growing use of nootropics among high-achieving students and professionals. The UK’s leading Guardian newspaper found that nootropics are commonly used in Silicon Valley by computer industry professionals who want to “hack” their minds and maximize their productivity without any possible negative effects on the brain.
Koios was born out of the personal struggles of its founder and CEO, Chris Miller, who has ADHD. Miller found that the symptoms of his condition held him back when navigating the competitive modern workplace. Unhappy with the effects of the Adderall he was prescribed, Chris began a search for a natural remedy that would improve his attention and mental capacity.
Speaking of his struggles at this time, Miller says, “Coffee and energy drinks were no longer helping me. Eventually, I was drinking so much caffeine that I was beginning to notice negative and troubling health effects.” He adds, “I believed there had to be a better way. Better technology that the earth was providing that I could implement and not only boost my daily performance but take care of my brain and body long-term.” After years of experiments and with the help of leading scientists, he developed Koios, named after the Greek Titan who represented rational intelligence.
Koios contains the following ingredients, among others:
- Vitamin B12: Crucial for the function of the nervous system and the synthesis of DNA, B12 also helps in the creation of red blood cells.
- Vitamin B6: This vitamin is crucial for brain development among children and brain function in adults. B6 is also important in the production of key hormones: serotonin, which regulates mood, norepinephrine, which helps us handle stress, and dopamine.
- Huperzine A: Developed from the Chinese club moss plant, huperzine A is used on Alzheimer’s patients to boost their memories. It is also used to raise energy levels and alertness and is the subject of medical trials to test its efficacy when combined with other drugs.
- Bacopa: Also known as brahmi, bacopa is an Indian herb used in Ayurvedic medicine to improve concentration and memory. Modern science has recognized its effectiveness, and it is used to treat symptoms caused by Alzheimer’s disease, ADHD and anxiety.
- Ciwujia: Sports scientists have been interested in this herb since they heard of how mountain climbers in Tibet use it to boost their performance at high altitudes. Peer-reviewed research has shown that Ciwujia has clear positive effects on endurance.
A full breakdown of Koios’ active ingredients is available on the company website.
Additionally, safety is paramount for Koios, with all its products developed in a high-grade nutraceutical laboratory which is GMP-certified and in compliance with FDA guidelines. Koios only uses high-quality ingredients sourced from the best possible locations in order to deliver a product that is not only safe but also “one of the world’s greatest nootropic blends.”
The company’s products can be found online and in stores, both across the United States and internationally, via a continuously growing distribution network.
Koios CEO Chris Miller is supported by a team with strong credentials in medical supplement start-ups, corporate finance and sales, which includes CFO/Director Anthony Jackson, Director Scott Walters, Director Konstantine Lichtenwald and Vice President of Sales Gina Burrus.
With people seeking a mental edge and cognitive boost, Koios believes that there is an opening in the market for its nature-based, over-the-counter nootropics, especially when current prescription medicines have worrying side effects..
Koios Beverage Corp. (KBEVF), closed the day's trading session at $0.3831, up 0.77%, on 225,396 volume with 122 trades. The average volume for the last 3 months is 439,943 and the stock's 52-week low/high is $0.001/$0.8142.
- Koios Partners with Food Co-Op to Capture Northern Colorado Natural Food Market
- Koios Beverage Corp Begins Production of Single-Serving Stick Packages
- 420 with CNW – American Cannabis Producers Fear Canadian Industry Dominance
QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX-V: QMC) (FSE: 3LQ)
Growing demand for powerful batteries, coupled with attempts to break China’s hold on the market, are leading to growth for Canadian lithium explorers. One of the companies setting up new Canadian mines is QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ), which is using existing infrastructure in Manitoba to quickly get production up and running.
QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX-V: QMC) (FSE: 3LQ) is a British Columbia based company engaged in the business of acquisition, exploration and development of natural resource properties. QMC’s focus is on creating shareholder value through strategic acquisition and development of high quality lithium, silver, gold, nickel, copper and zinc prospects.
QMC’s current properties are in the Canadian province of Manitoba, one of Canada’s most productive, centrally located mining regions. These resources include the Irgon Lithium Mine project and two Volcanic Massive Sulphide (“VMS”) properties – the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project – which contain base metal-rich mineral deposits. Excellent access and well-developed mining infrastructure to the company’s wholly-owned Irgon Lithium Mine Project offers significant value and ramps up the near-term production schedule, putting QMC in a position to take advantage of rising lithium prices.
The region’s historic resource estimate of lithium is well documented in a 1956 Assessment Report developed by a previous owner, Lithium Corporation of Canada Ltd. The project’s historical resource estimate of 1.2 million tons grading 1.51% lithium-oxide over a strike length of 365 meters and to a depth of 213 meters is being updated by QMC through a detailed channel sampling and subsequent drill program.
North Face Software Ltd. recently created an interactive 3-D model of the Irgon Dike utilizing all historical data derived from past drilling and underground work. The 3-D model clearly demonstrates that exploration and underground development has only taken place on the central portion of the dike, leaving significant potential to quickly increase tonnage.
The company’s latest assay results, obtained from 144 channel samples at QMC’s Irgon Lithium Mine Project, provided encouraging and positive results that compare favorably with the historic assays. QMC has received a drill permit from the Sustainable Development Office of the Manitoba government and is in the process of requesting and assessing bids from drilling contractors. The company plans to begin a 2,000-meter drill program to confirm the historic lithium oxide assay results documented in the historic 1953-54 drill program.
QMC’s experienced leadership team includes specialists in mineral exploration, geology, engineering, new business development, marketing and investor relations. The company’s team of qualified advisors includes consultant Bruce E. Goad, P.Geo., who has 40 years of experience in mineral exploration in Canada, Argentina, Asia and Africa. As a Qualified Person, Goad has worked on numerous deposit styles including rare element pegmatites, porphyry, banded iron formation (BIF) gold deposits, skarn, greisens, and VMS. He has a wide and varied skill set which includes precious, base, industrial and rare metal projects with a sharp focus on gold exploration. Goad is the author of several scholarly publications on pegmatite granites of the southeastern Manitoba region.
The market for lithium has surged over the past three years with prices per metric ton tripling. The world’s rising demand for portable power can easily been seen in the electric vehicle and mobile device industries – both of which use lithium-based, renewable batteries as a power resource. QMC’s high potential prospects and experienced management team, both in geology and corporate finance, put QMC and its shareholders in an excellent position to take advantage of the lithium, precious and base metals markets.
QMC Quantum Minerals Corp. (QMCQF), closed the day's trading session at $0.2492, off by 2.66%, on 147,583 volume with 71 trades. The average volume for the last 3 months is 118,847 and the stock's 52-week low/high is $0.168/$1.46.
- Changes in the Lithium Market Drive Growth in Canadian Mining
- QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Positioned to Benefit from Increasing Global Lithium Demand
- QMC Posts Promising Update on Irgon Mine Project, Samples over 4.15% Lithium Li2O
665 Energy (SSOF)
Holding company 665 Energy, Inc. (OTC: SSOF) is scaling in the global oilfield equipment market and expecting propelled growth from a recent rig deal. An article discussing this reads, “665 Energy president and CEO Jason Clayton reported recently that the company is expecting to secure at least $63.4 million in additional net profits (before financing costs) within the coming months from the purchase, refurbishment and resale of 11 oil drilling rigs (http://nnw.fm/I7iee), evidence of the company’s recent decision to expand into such a line of operations.” To view the full article, visit: http://nnw.fm/6xKZO.
Headquartered in Oklahoma City, 665 Energy (SSOF), formerly Sixty Six Oilfield Services, has been a leading industry expert in the drilling equipment sector of the oil and gas industry for nearly six decades. The company’s sales and rental department provides solutions for domestic and international markets with core offerings that include a wide variety of customized drilling rigs and other select equipment.
665 Energy recently completed the acquisition of Fluid End Sales, doing business as Five Star Rig and Supply, which was established as a family owned business in 1984. The company’s focus continues to be on supplying the oil industry with custom drilling rigs, heavy-weight drill pipe, drill collars, pup joints, pony collars, handling tools, tubing, casing, blow-out preventers, engines, compressors and other select equipment to customers worldwide through its facilities in Oklahoma, Germany and Dubai. The company’s services include the sale of new equipment, sale of refurbished and certified used equipment, as well as rental of oilfield equipment.
Immediate expansion plans include partnering with a rig debt financing company to fund the $40 million purchase of 11 identified oil drilling rigs that have already been appraised. This action represents an incredible opportunity to jumpstart the next phase of growth and expansion.
Company president and CEO Jason Clayton, who started at Five Star in 1993, has worked in and managed all areas of the company including customer growth and sales. Clayton will also remain as president of the subsidiary, Five Star Rig and Supply, and is supported by longtime key staff members including Jimmy Joslin, who has been with Five Star Rig since 1984 and will be responsible for orders processing, inventory control, delivery, logistics and supervision of custom projects such as rig and rig equipment refurbishment, testing and certification. Jim Frazier will assume the role of CFO as the company prepares for further growth and expansion.
According to a research report by Statista, the world’s oil and gas equipment industry is projected to be worth nearly USD$205 billion by 2020 (http://nnw.fm/BzFl8), and as the energy sector continues strong growth in 2018, 665 Energy is well positioned to capitalize on the global trend and will continue to be aggressive in the marketplace.
665 Energy (SSOF), closed the day's trading session at $0.0072, up 2.86%, on 607,211 volume with 11 trades. The average volume for the last 3 months is 2,865,341 and the stock's 52-week low/high is $0.0006/$0.019.
- NetworkNewsBreaks – 665 Energy, Inc. (SSOF) Scaling and Expecting Propelled Growth from Recent Rig Deal
- NetworkNewsBreaks – 665 Energy (SSOF) Provides Equipment to Businesses Operating in Various Areas of the Energy Industry
- 665 Energy, Inc. (SSOF) Building Momentum as Energy Industry Supplier, Resale Business
Youngevity International, Inc. (NASDAQ: YGYI)
Leading omni-direct lifestyle company Youngevity International, Inc. (NASDAQ: YGYI) this morning announced the planned expansion of its Café La Rica brand into over 500 retail stores and 125 cafeterias. Per the update, the expanded distribution agreement now includes all Winn Dixie and Bi-Lo locations, in addition to 125 Winn Dixie Cafeterias, broadening Café La Rica’s retail presence into Georgia, Alabama, Louisiana, Mississippi, North Carolina and South Carolina. To view the full press release, visit: http://nnw.fm/HW2oV. Also today, CannabisNewsWire released a report highlighting the company, detailing how it is just a matter of hours before recreational marijuana is legalized in Canada and researchers are suggesting that the country may not have enough marijuana on the shelves to meet the demand for it.
Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.
Youngevity International is dedicated to improving lifestyles through the universal desires of vibrant health and flourishing economics. Catering to health-conscious consumers, Youngevity believes that combining the best of the direct selling industry with the fundamentals and capabilities of a traditional business model will maximize shareholder value. The company’s Nutritional, Lifestyle and Telecommunications products and services are distributed through a global network of Preferred Customers and Distributors.
Youngevity’s wholly owned CLR Roasters LLC business line offers quality branded and private label coffee to retail stores, office coffee services, hospitality, food services, distributors, convenience, petrol stores and vending businesses. Today, CLR Roasters is the largest coffee provider for cruise lines in North America and the second largest roaster in the state of Florida. Producing a consistent premium product with superior taste, CLR Roasters has earned numerous certifications that demonstrate the company’s commitment to the craft of providing the highest quality coffee products using the best practice standards available.
Youngevity, operating in the direct-selling channel, is rapidly expanding its product and distributor base through acquisitions and mergers under an innovative concept called “the Network Cloud” that provides other direct selling companies with a home base. The company’s YoungevityGO2 mobile distributor app, a new technology-driven web platform supporting expansion of global e-commerce and social selling platforms, is available on Google Play and the App Store. In addition to the Network Cloud concept, Youngevity International owns CLR Coffee Roasters which operates a traditional coffee roasting business offering a JavaFit® gourmet product line that vertically integrates with Youngevity and its growing network of direct marketers.
Youngevity International offers more than 1,000 high quality, technologically advanced products under the following categories:
- Health and Nutrition
- Home and Family
- Food and Beverage
- Spa and Beauty
- Essential Oils
- Photo and scrapbooking
- Services for Home and Business
Youngevity International Inc. has compiled a best-in-class management team with a strong track record of success in private and public companies. Steve Wallach, CEO, has nearly two decades of sales and network marketing experience and has successfully guided Youngevity International Inc. to become an international, publicly-traded direct marketing company positioned for worldwide growth. Dave Briskie, president and CFO, has shepherded the company’s development into a fully vertical coffee roasting and distribution company that owns the direct marketing brand JavaFit® and the retail brand, Café La Rica.
Youngevity has also attracted a stunning group of Brand Evangelists who endorse its products. Among these are actress, author and well-known health and wellness activist Marilu Henner; former NBA basket player, Mike “Stinger” Glenn; former NFL wide receiver Drew Pearson; “Greatest Natural Bodybuilder in the World” Gene Nelson; and WNBA champion, Olympic gold medalist Delisha Jones.
Youngevity International, Inc. (NASDAQ: YGYI), closed the day's trading session at $15.00, off by 5.54%, on 1,297,460 volume with 6,499 trades. The average volume for the last 3 months is 388,704 and the stock's 52-week low/high is $3.167/$16.20.
- NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Details Expanded Distribution of Café La Rica Brand across Southeastern US
- 420 with CNW – Canada May Not Have Enough Cannabis to Meet Demand Upon Legalization
- Youngevity International, Inc. (NASDAQ: YGYI) Expanding HempFX Line through Launch of Two Hemp-Derived Cannabidiol Products
Cannabis Strategic Ventures, Inc. (NUGS)
The appointment of Alan Tran to the board of directors of Cannabis Strategic Ventures, Inc. (OTC: NUGS) augurs well for the company’s fortunes, because it is an action that’s likely to be replicated across the cannabis industry. A report in Forbes (http://nnw.fm/C6w5Y) titled ‘Marijuana is the Fastest-Growing Job Category, Top Recruiting CEO Says’ shows that those forces are already in play.
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 $3.80, off by 6.17%, on 45,725 volume with 187 trades. The average volume for the last 3 months is 104,092 and the stock's 52-week low/high is $0.031/$7.13.
- Cannabis Strategic Ventures, Inc. (NUGS) Taking It to the Next Level with New Hire as Cannabis Job Market Expands
- Favorable Outlook Continues to Boost Extraordinary Expectations for Cannabis Industry
- Cannabis Strategic Ventures Adds Board Member in Preparation of Uplisting of Common Stock to National Exchange
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)
Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced that it has received its medical sales license from Health Canada in accordance the Access to Cannabis for Medical Purposes Regulations ("ACMPR") for its Ancaster, Ontario facility. To view the full press release, visit: http://nnw.fm/tdMl1.
The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).
Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.
TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.
Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.
Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.
The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.
The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.
TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.
Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.
Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.
TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.
To learn more about the company and how to invest, contact TGOD directly at firstname.lastname@example.org
The Green Organic Dutchman (OTC: TGODF), closed the day's trading session at $4.23, off by 3.19%, on 1,598,764 volume with 3,764 trades. The average volume for the last 3 months is 1,015,247 and the stock's 52-week low/high is $2.784/$7.894.
- The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Obtains Medical Sales License for Ancaster Facility
- NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters JV Targeting Mexican Medicinal Cannabis Market
- NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Corporate Update
RYU Apparel, Inc. (TSX.V: RYU) (OTC: RYPPF) (FRA: RYA)
Makers of urban athletic wear or “athleisure” are winning market share and growing profits as consumers dump major fast fashion brands. Companies such as Respect Your Universe, or RYU Apparel Inc. (TSX-V:RYU) (OTC:RYPPF) are serving a growing desire among Gen X and Millennials to wear athletic-inspired clothing that crosses over into the casual wear category. Also today, the company was pleased to announce that its RYU trade-mark application in Canada, including the RYU logo, is now complete and the logo has been successfully registered. The Canadian Intellectual Property Officer ("CIPO") has accepted the registration and the RYU logo, with its "artistic" features, is now firmly in the Company's hands. The Company also has trade-mark registrations in the United States, China and Hong Kong.
Engineered for the fitness, performance and lifestyle of the athletically-minded, RYU Apparel, Inc. (DBA RYU \ Respect Your Universe) (TSX-V: RYU) (OTC: RYPPF) (FRA: RYA) develops, markets and distributes apparel, bags and accessories for active people living their lives with integrity. Headquartered in Vancouver, Canada, with with four stores located in Greater Vancouver Area, British Columbia and one in Toronto, RYU opened its first U.S.-based store at the iconic Abbot Kinney Boulevard in Venice California, on August 2, 2018. Additional retail locations are slated to open soon in Etokicoke, Ontario, Canada; Brooklyn, New York; and Newport Beach, California, with plans to establish nearly two dozen more store locations by the end of 2022.
Respect Your Universe’s award-winning brand celebrates, encourages and respects an individual’s choices and journey in life, promoting a fitness lifestyle culture. Innovatively designed without compromise and tailored for fit, comfort and durability, RYU exists to facilitate human performance. RYU’s urban athletic apparel and accessories product line has been featured by some of the most influential fitness and outdoor lifestyle publications and social media connectors.
The company recently was honored in Madrid, Spain, as a 2018 Finalist in the World Retail Awards in the categories of “Retail Start Up of the Year” and “Social Media Campaign of the Year,” (#RYUOneMoreRep). RYU is one of only two Canadian companies that qualified as finalists among many global retailers across all categories of the World Retail Awards annual event. The World Retail Awards have been recognizing the very best retailers and retail initiatives across a range of categories since 2007.
Marcello Leone, CEO of RYU, said the company’s inclusion in the prestigious lineup of finalists was gratifying, stating, “Being chosen by the World Retail Awards is a fantastic accolade. We are proud to be among a group of global peers that are considered to become the next generation of iconic brands. #RYUOneMoreRep Media Campaign is also another confirmation of the social aspect that permeates our brand and the impact we are having in our community.”
In addition to its retail locations, RYU generates sales through its e-commerce platform and has developed strategic relationships with companies such as Global-E, Netamorphosis, Fancy and the NHL Vancouver Canucks to expand its reach. RYU is also building connections with influential leaders and social media influencers who represent the company’s values of aliveness, bold expression, curiosity, discipline and respect. Under RYU’s Connector Program, each leader actively engages in community charities, volunteer efforts and participates in charity programs. Among the famous personalities and community leaders connecting with the RYU brand are:
- Alexandra Ianculescu, a Canadian National Team Olympic Speed Skater
- Ben Carr, professional trainer
- Tori Katongo, personal trainer, singer, actor, dancer
- Simon “Thor” Damborg, head coach at Raincity Athletics
- Cassie Hawrysh, a Canadian National Team Skeleton Racer
- Dai Manuel, lifestyle mentor and author of “The WholeLife Manifesto”
Company CEO Leon is the founder of Naturo Group Investment Inc., a company that sells nutritional beverages, and also is the former VP of operations and president of LEONE, an independent high fashion specialty store in Vancouver, Canada. Chief Financial Officer Pedro Villa is a certified CPA who has held several senior positions in various North American companies. Brett Pawson, senior VP of retail and operations, has more than 15 years of experience in sales and operations in the wellness, consumer goods and retail sectors.
RYU’s strategic focus is on becoming a global leader as a fitness and training apparel and accessories brand for athletes in multiple disciplines. RYU’s goal is to facilitate human performance by honoring and celebrating the extraordinary oneness of humanity by respecting each other’s differences – Respect Your Universe.
RYU Apparel, Inc. (RYPPF), closed the day's trading session at $0.1526, off by 2.49%, on 503,732 volume with 58 trades. The average volume for the last 3 months is 80,995 and the stock's 52-week low/high is $0.05/$0.255.
- Athleisure Popularity Has Legs, Leaving High Fashion in the Dust
- RYU Apparel Inc. Successfully Registers Its Trade-Mark
- NetworkNewsAudio Announces Audio Press Release (APR) on RYU Apparel Inc Setting Trends with More than Just Clothing
Lexaria Bioscience Corp. (CSE: LXX) (OTC: LXRP)
A research-driven company, Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is the only company globally that has been awarded a patent for the improved delivery of all cannabinoids. It has developed and out-licenses its DehydraTECH technology – a drug delivery platform. This technology is a complementary layer that works with other research and development being conducted on cannabinoids and, as such, is an enabling technology, not a competing one. Lexaria Bioscience is headquartered in Kelowna, British Columbia, and the company recently uplisted to the OTCQX Best Market.
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 $1.78, off by 3.26%, on 219,831 volume with 312 trades. The average volume for the last 3 months is 219,895 and the stock's 52-week low/high is $0.322/$2.54.
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Sugarmade, Inc. (SGMD)
Hydroponics supply company Sugarmade (OTCQB: SGMD) is cultivating opportunity in producing ultra-high grade cannabidiol hemp ahead of increased demand. To view the full article, visit: http://nnw.fm/8tC1l.
Sugarmade, Inc. (SGMD) one of the largest publicly traded hydroponics supply companies moving into the industrial hemp space, is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include: ZenHydro.com; CarryOutSupplies.com; and BudLife. Headquartered in Monrovia, California, a city within Los Angeles county, Sugarmade has various business operations in diverse marketplaces including packaging and paper goods for various industries, agricultural supplies.
Sugarmade has expanded into the European hydroponics supply market with a growing base of orders taken through Amazon UK. Over the past few financial quarters, Sugarmade has seen revenue growth patterns expand geographically. As recently as mid-2017, the majority of hydroponic-related revenue growth was seen from California and other West Coast marketplaces, however growth is becoming more geographically dispersed among U.S. states where legalization has eased restriction. This movement into the United Kingdom further expands the base of geographic growth areas for Sugarmade.
Sugarmade recently launched a new corporate initiative in the booming industrial hemp and CBD, committing up to $1 million in capital over the next 12 months to invest in Hempistry, Inc., a privately held Nevada corporation. Hempistry has begun planting an ultra-high cannabidiol (CBD) industrial hemp strain on a land option it holds on 23,000 acres of prime Kentucky farmland. The strain of industrial hemp being grown by Hempistry is ultra-rich in CBD but contains less than 0.3 percent of THC, the psychoactive ingredient found in cannabis. The U.S. hemp industry is expected to produce well over $1 billion in revenues in 2018, with a compound annual growth rate of 14 percent through 2022, according to the Hemp Business Journal.
Demand for industrial hemp and products derived from hemp is soaring, with no let-up in sight, which the company sees as a “tremendous opportunity to become a supplier to this fast-growing sector,” said Chairman and CEO Jimmy Chan, who is also an advisor and minority shareholder of Hempistry.
Sugarmade’s investment into the market for high-CBD hemp is expected to be highly accretive for common shareholders in two ways. First, Sugarmade’s investment will be in the form of common shares in Hempistry allowing Sugarmade common shareholders to possibly benefit from any future initial public offering of Hempistry. Second, Sugarmade is expected to sign a supply agreement with Hempistry for cultivation supplies, which would be additive to corporate revenues.
Sugarmade has also completed a master market agreement with industry leader BizRight Hydroponics, Inc., a leading marketer and manufacturer of cannabis and hydroponic growth supplies, which offers a range of hydroponics-related products including: HPS grow lights, electronic ballasts, HPS bulbs, nutrient mixes, environmental control products, pH measurement and calibration solutions and storage products. BizRight operates the ZenHydro.com website and other e-commerce properties and sells various products to distributors and retailers. BizRight is expected to produce in excess of $30 million in revenues during 2017, with substantial growth expected for 2018.
Sugarmade division CarryOutSupplies.com, the leader in paper and plastic take-out supplies, serves nationwide customers by offering a wide array of high quality products that are cost-efficient, custom-made and delivered on time. This business unit currently serves 2,000 quick service restaurants, garnering from 30-40 percent of the market share. Sugarmade plans to expand operations via the addition of market share and the introduction of new product offerings.
CEO Jimmy Chan is an experienced business executive instrumental in growing multiple business operations with a strong expertise in international trade and banking, and international manufacturing and importation. He is also the founder of CarryOutSupplies.com, a company that revolutionized the custom-printed paper supplies subsector of the quick service restaurant industry, which merged with Sugarmade in 2014.
Arman Tabatabaei serves as operations consultant, providing high-level, day-to-day strategic guidance and tactical operational supervision for all aspects of the corporation’s business. He is an expert at data collection and analysis relative to resource management, risk forecasting and profit and loss management.
Sugarmade specializes in growing and acquiring innovative brands to maximize value for company employees, shareholders and other stakeholders. Sugarmade believes its future is very bright as the company expands operations within the cultivation sector and rapidly increases its revenue base.
Sugarmade, Inc. (SGMD), closed the day's trading session at $0.117515, off by 0.41%, on 2,490,198 volume with 272 trades. The average volume for the last 3 months is 2,017,178 and the stock's 52-week low/high is $0.029/$0.43.
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FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF)
FinCanna Capital (CSE: CALI) (OTCQB: FNNZF), a royalty company for the U.S. licensed medical cannabis industry, this morning announced that it will hold a conference call and online presentation on Thursday, October 18, 2018 at 4:15pm ET. To view the full press release, visit: http://nnw.fm/28Xgq.
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 $0.18893, off by 5.53%, on 53,063 volume with 31 trades. The average volume for the last 3 months is 39,790 and the stock's 52-week low/high is $0.10/$0.874.
- FinCanna to Host Conference Call at 1:15 pm PST, Thursday, Oct 18
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