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June 24, 2019 15:20:59

It has been widely reported that marijuana can treat morning sickness, so it isn’t surprising that more women are resorting to cannabis to ease the symptoms of morning sickness during the initial stages of pregnancy. Researchers have found that the number of pregnant women turning to cannabis is higher than it ever was.

The study published in the JAMA journal found that the number of women who use cannabis to deal with morning sickness has more than doubled from just 3.4 percent in 2002 to 7 percent in 2017.

These findings were obtained after analyzing the data collected during the National Survey on Drug Use and Health. The researchers specifically considered the data provided by 4,400 pregnant women as well as 133,900 women who weren’t pregnant.

The study participants had responded to questions regarding their pregnancy status and other questions about their cannabis use habits, if they used cannabis.

This study reveals that women use marijuana for various reasons, both medicinal and recreational. More specifically, the number of women who used marijuana daily or almost daily grew from 0.9 percent to about 3.4 percent.

Notably, the number of women who used marijuana during their first trimester of pregnancy shot up from 1.9 percent to 5.3 percent while those who used the substance during their second trimester rose to 2.5 percent from 0.6 percent in 2002. A similar increase was seen regarding marijuana use during the third trimester (a growth from 0.5 percent to 2.5 percent in 2017).

The researchers noted that while lots of women are turning to cannabis during pregnancy, only a small fraction of those women did so after getting a recommendation from a doctor.

The study also revealed that doctors are uncomfortable recommending marijuana for pregnant women in states where medical marijuana is legal. This reluctance is largely due to the shortage of research on the effects of prenatal marijuana exposure.

In fact, NIDA (the National Institute on Drug Abuse) says the use of marijuana during the first and second trimester of pregnancy has been linked to low birth weight and length, as well as other developmental problems.

The study’s authors emphasized that there is an urgent need to screen all pregnant women for marijuana use and intervene appropriately when risks are detected. The researchers also called for more research to be done to document the effects of marijuana use during pregnancy so that decisions can be made using concrete information on the subject rather than simply asking women to err on the side of caution and abstain.

Analysts think that the cannabis industry, including participants like Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) and ChineseInvestors.com Inc. (OTCQB: CIIX), agrees with the researchers on the matter of research-based recommendations regarding cannabis use by different demographics.

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The Wild West Crypto Show Episode 65 Discusses Cryptocurrency as the Next Development of Entrepreneurism

June 24, 2019 12:49:02

The Wild West Crypto Show Episode 65 features Jonathan Keim and Lorraine Lemon
The show covered new developments with Regal Assets and eBoost
The hosts discussed the continuing evolution of cryptocurrency and its adoption in the marketplace

The most recent episode of The Wild West Crypto Show – Episode 65 – featured Jonathan Keim, communications director of CryptoCurrencyWire, and speaker Lorraine Lemon. Hosts Drew Taylor and Brent Bates examined the latest breaking cryptocurrency news and gave investors insight into the world of cryptocurrency in a compelling fashion.

Keim discussed with the hosts the news regarding Regal Assets, which is offering a complementary bitcoin watch to qualified cryptocurrency investors. The watch has a QR code on its face. It’s a way to remind investors to roll part of their…

About CryptoCurrencyWire (“CCW”)

CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

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Pressure BioSciences Inc.’s (PBIO) PCT Platform Featured in 15 Independent Scientific Presentations

June 24, 2019 12:17:40

The presentations were held during the annual American Society of Mass Spectrometry conference – an event attended by more than 10,000 scientists
Research focused on a wide range of applications ranging from cancer research to biomarker discovery
The number of PCT-related presentations during the 2019 conference exceeded prior Pressure BioSciences records for a scientific meeting, demonstrating the platform’s broad applicability potential

Pressure BioSciences Inc.’s (OTCQB: PBIO) patented pressure cycling technology (PCT) platform was featured prominently in 15 independent scientific presentations delivered during the annual conference of the American Society of Mass Spectrometry (ASMS) that took place June 1-6, 2019 in Atlanta, Georgia, as the company announced in a recent press release (http://nnw.fm/geA6Y).

The ASMS annual meeting is a highly reputable conference attended by more than 10,000 scientists from around the world. It is a showcase event for new research and scientific findings that has been…

NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://nnw.fm/PBIO

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Well Positioned to Address Changes in Cannabis Product Regulations

June 24, 2019 11:56:50

In line with Health Canada’s amended cannabis regulations, Supreme Cannabis has reaffirmed its expanded product strategy
Supreme Cannabis plans to debut a range of cannabis extract offerings, including vaping liquids, concentrates, oils and tinctures
Health Canada’s amended regulations permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is prepared to meet Health Canada’s amended cannabis regulations, which include three additional types of cannabis products: cannabis edibles, extracts and topicals (http://nnw.fm/9nX51).

The company’s strategy is to target premium brands, leverage its coast-to-coast distribution in Canada and expand into the international cannabis market. Supreme Cannabis’ expanded product strategy includes…

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://nnw.fm/SPRWF

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Uber Technologies Inc. (NYSE: UBER) Geared to Test Uber Eats Drone Delivery

June 24, 2019 11:17:16

The Federal Aviation Administration has granted Uber and San Diego, California, permission to test food delivery via drone services
Uber partnered with McDonald’s and completed the first phase of testing at San Diego State University
Uber made this announcement after Amazon announced similar plans to commence drone delivery services

Uber Technologies Inc. (NYSE: UBER) has completed its initial phase testing for food delivery via drones for Uber Eats (http://nnw.fm/TZ3h5), at San Diego State University. This testing was done in collaboration with McDonald’s, after the Federal Aviation Administration granted Uber the drone testing rights. Uber plans to include other Uber Eats food and delivery partners in the future while leveraging the expertise and technology of Uber Elevate.

Uber Eats will use drone services for only a part of the delivery journey. Once the food is prepared as per the order placed by the customer, it will be loaded in the drone. The drone will then carry the food to a predetermined central location, from where…

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NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Enters Strategic Agreement with Israel-Based Fantasy Network Ltd.

June 24, 2019 11:15:20

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a strategic business cooperation agreement with Fantasy Network Ltd. (TASE: FNTS) of Tel Aviv, Israel. Under the agreement, the companies will form the foundation to joint venture business opportunities in the Israeli medical cannabis sector. The signed agreement provides Redfund a framework to access Fantasy’s currently-controlled projects, as well as those under negotiation primarily in Israel. In addition, Redfund will assist Fantasy in licensing patented Israeli medical technology and cannabis delivery systems outside of Israel and provide capital, alongside Fantasy, to medical cannabis businesses. “Israel is home to novel cannabis drug delivery devices, patented grow and planting technologies, holistic cannaceuticals and pharma-grade medical cannabis,” Redfund CEO Meris Kott said in the news release. “The people and companies I was introduced to during my trip to Tel Aviv, assures me that Redfund’s partnership with Fantasy will be a lucrative relationship for both our stakeholders. Redfund is already in discussions to bring Israel medical cannabis based companies global with Israeli licensing agreements with Canadian Licensed Producers and distribution contracts in other countries where medical cannabis is legalized.”

To view the full press release, visit http://nnw.fm/Wd05y

About Redfund Capital Inc.

Redfund intends to provide debt and equity funding in the mid-to-late stages of a target company’s development or in technologies that are developed and validated by revenues. The present focus of the merchant bank is on medical cannabis, hemp and CBD-related and healthcare-related companies. For further information, visit the company’s website at www.RedfundCapital.com

NOTE TO INVESTORS: The latest news and updates relating to PNNRF are available in the company’s newsroom at http://nnw.fm/PNNRF

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NetworkNewsBreaks – Beliss Corp. (Treasure Shipwreck & Recovery) (BLIS) Appoints Underwater Archaeologist Dr. E. Lee Spence as COO and Chairman

June 24, 2019 11:14:30

Treasure Shipwreck & Recovery Inc. (“TSR”) (currently Beliss Corp.) (OTC: BLIS) this morning announced that Dr. E. Lee Spence, one of the best-known underwater archaeologists, shipwreck historians and treasure hunters of all time, has joined the company as its chief operating officer and chairman. As COO, Spence will oversee and evaluate all matters necessary for the successful conduct of treasure finding and recovery, including treasure site targeting, operations, crew and contractor selection and research. Per the update, with his proven track record of supervising and selecting dozens of treasure salvage expeditions, Spence brings to TSR real-life “underwater Indiana Jones” experience.

To view the full press release, visit http://nnw.fm/2E5kI

About Treasure Wreck Recovery & Research Corp. (presently Beliss Corp.)

Beliss Corp. is a Nevada Corporation based in St. Petersburg, Florida, with various shipwreck area agreements being pursued and entered into for the discovery and recovery of valuable historic shipwrecks in North America and the Caribbean. The Company is also focused on the development of media opportunities along treasure themes. Treasure Wreck Recovery & Research Corp. is headquartered in St. Petersburg, FL. For more information, visit the company’s website at www.BelissCorp.com

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NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Partners with 5 Seconds of Summer Lead Guitarist Michael Clifford to Develop Custom Flavor

June 24, 2019 11:13:43

Nightfood Holdings Inc. (OTCQB: NGTF), the nationally expanding company solving America’s $50 billion nighttime snacking problem, today announced a brand partnership with rock star Michael Clifford, lead guitarist of multi-platinum, award-winning band 5 Seconds of Summer. According to the update, Clifford’s good friend Jordan Jenkins, starting linebacker for the New York Jets, first introduced him to Nightfood ice cream, and the company is now developing a custom flavor for the chocolate-loving Clifford to share with his multitude of enthusiastic and dedicated fans via social media. “When Jordan told me about Nightfood, I literally went straight online and ordered 8 different flavors,” Clifford explained in the news release. “My fiancé is always trying to help me create better eating habits, and at night I can’t be stopped. This flavor is unbelievable and I can’t wait for people to try it.”

To view the full press release, visit http://nnw.fm/1KFPm

About Nightfood Holdings

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF

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Sharing Services Global Corporation (SHRG) Elevating its Profile Amid Direct Sales Industry Successes, Wellness Industry Growth

June 24, 2019 11:00:17

Sharing Services Global is building a social connectivity model through its growing direct sales portfolio, encouraging home-based entrepreneurship and widespread consumer activity
Sharing Services’ Elevacity brand is part of a $12 billion trend in wellness consumerism that provides healthy products and services
The direct sales industry generated $35.4 billion in retail revenues during 2018, up 1.3 percent over the prior year, and Sharing Services’ revenues have been marking record month-over-month increases

The technological revolution of the past two decades has reimagined the landscape of social experiences. People have focused a growing measure of time and work on documenting the details of their lives, whether marvelous or mundane, so they can share photos and stories with an expansive network of acquaintances via electronic media platforms. An irony of the reimagined social network is that people may be strongly connected to each other across thousands of miles while virtually unaware of other persons within close physical proximity to them at the same time.

Within the social circle revolution, direct sales’ emphasis on personalized shopping experiences has taken on a new degree of importance, as evidenced by the financial strength of direct sales innovator Sharing Services Global Corporation (OTCQB: SHRG) and its…

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://nnw.fm/SHRG

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TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds C$10 Million in Funding to California Cannabis Asset-Building Effort

June 24, 2019 10:38:31

TransCanna Holdings closed a recent round of private placement funding with aggregate gross proceeds of more than C$10 million
TransCanna will use the funding to help grow its statewide vertically integrated cannabis production and distribution efforts in California’s robust marketplace
Following an extensive search, the company has named a general manager for its 196,000-square-foot hub facility that will serve up to five satellites
Pending acquisition projects are expected to expand TransCanna’s asset and brand options in the state

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8), a company aiming to create and buy 15 premium brands in California, garnered aggregate gross proceeds of more than C$10 million during its just-closed round of private placement funding, which will be used to fund further equipment purchases for its vertically integrated cannabis facility in Modesto, California, as well as for additional acquisitions and other corporate purposes (http://nnw.fm/vpiN7).

TransCanna has been building a strong statewide operation in California – the largest marketplace in the global cannabis resurgence as adult lifestyle and wellness consumers drive a variety of plant-based sectors to robust financial activity. The company’s Modesto facility is a 196,000-square-foot cannabis-focused hub for its…

NOTE TO INVESTORS: The latest news and updates relating to TCAN are available in the company’s newsroom at http://nnw.fm/TCAN

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NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Health Canada Approval for Additional 17 Licensed Cultivation Rooms

June 24, 2019 10:00:36

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) today announced its receipt of Health Canada approval for the licensing of 17 additional cultivation rooms within its facility’s Phase 4A/4B perimeter. According to the update, approval of the additional licensed cultivation space increases annual target production capacity to 61,000 kg. “Sustainable growth, exceptional quality and constant innovation are the pillars of our overall strategic approach,” Organigram CEO Greg Engel said in the news release. “We are proud to continue to increase our physical capacity to meet the needs of cannabis consumers across the country while also bringing new thinking and technology to our production.”

To view the full press release, visit http://nnw.fm/hY52I

About Organigram Holdings Inc.

Organigram Holdings Inc. is a TSX Venture Exchange and NASDAQ Global Select listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada. Organigram is focused on producing the highest-quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the company’s global footprint. Organigram has also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics, Trailer Park Buds and Trailblazer. Organigram’s primary facility is located in Moncton, New Brunswick and the company is regulated by the Cannabis Act and the Cannabis Regulations (Canada). For more information, visit the company’s website at www.Organigram.ca

NOTE TO INVESTORS: The latest news and updates relating to OGI are available in the company’s newsroom at http://nnw.fm/OGRMF

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NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Launch of London-Based Investment Platform

June 24, 2019 09:59:04

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today announced the launch of its London-based investment platform, Supreme Heights, which is focused on opportunities in the UK and European CBD health and wellness space. The platform will draw on Supreme Cannabis’ experience launching premium brands and benefit from its regulatory, product commercialization, supply chain, marketing and capital markets expertise and corporate support services. “The rapidly evolving CBD markets in the UK and Europe present compelling investment opportunities given the promising environments for new health and wellness companies to establish differentiated brands and capture meaningful market share. Supreme Heights is positioned to quickly act on attractive opportunities and establish an early mover advantage in the space,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Supreme Heights will benefit from our experience launching some of the most premium cannabis brands in Canada and from the strong leadership and the deep industry connections of our UK partners. We look forward to driving value for Supreme Cannabis shareholders through this investment platform.”

To view the full press release, visit http://nnw.fm/LrV4F

About Supreme Cannabis

The Supreme Cannabis Company is a global diversified portfolio of distinct cannabis companies, products and brands. Since 2014, the company has emerged as one of the world’s fastest-growing, premium plant driven-lifestyle companies by effectively deploying capital, with an emphasis on disciplined growth and high-quality products. Supreme Cannabis’ portfolio includes 7ACRES, its wholly owned subsidiary and multi-award-winning brand; Cambium Plant Sciences, a plant-genetics and cultivation IP company; Medigrow Lesotho, a cannabis-oil producer located in southern Africa; and a brand partnership and licensing deal with Khalifa Kush Enterprises Canada. For more information, visit the company’s website at www.Supreme.ca

NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://nnw.fm/SPRWF

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NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Releases 2019 Annual and Special Meeting Results

June 24, 2019 09:57:54

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) on Friday announced the results of its 2019 annual and special meeting. Held on June 20, 2019, there were 43,217,711 company shares represented in person or by proxy at the meeting, constituting 55.1 percent of Lexaria’s issued share capital as of May 3, 2019, the record date of the meeting. The matters voted upon included board member elections, the appointment of Davidson & Company LLP as auditors, approval of the company’s equity incentive plan and executive compensation, and the timeline for approval of executive compensation going forward.

To view the full press releases, visit http://nnw.fm/Xf0Bs

About Lexaria Bioscience Corp.

Lexaria Bioscience Corp. licenses disruptive patented delivery technology that promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and has patents granted in the USA and in Australia for utilization of its DehydraTECH(TM) delivery technology. Lexaria’s technology provides increases in intestinal absorption rates; more rapid delivery to the bloodstream; and important taste-masking benefits, for orally administered bioactive molecules including cannabinoids, vitamins, non-steroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit the company’s website at www.LexariaBioscience.com

NOTE TO INVESTORS: The latest news and updates relating to LXRP are available in the company’s newsroom at http://nnw.fm/LXRP

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420 with CNW – New York Marijuana Decriminalization Expands as Full Legalization Fails

June 24, 2019 03:20:36

As plans to legalize marijuana fully appear to have hit a dead end in the New York State legislature, the lawmakers have agreed to expand the decriminalization of the drug in addition to providing for the automatic expungement of low-level cannabis possession convictions across the state.

On Thursday, Senators agreed to treat the possession of up to two ounces of cannabis as an infraction punishable by a $50 fine instead of regarding it as a crime. This measure marks a huge change in a state where thousands of residents have been caught on the wrong side of the law and been incarcerated.

The agreement on the expungement measure comes as a compromise deal after it became apparent that there wouldn’t be enough support to pass a full legalization measure. While legalization has failed, cannabis industry advocates still regard this approved measure as a step forward for the industry.

The bill passed with a 39-23 vote in the Senate as the legislative session dragged beyond its expected end on Wednesday.

Gov. Cuomo, who a couple of years ago called marijuana a “getaway drug” was all praises for the decriminalization measure. He said the measure will give relief to the thousands snared by the state’s criminal justice system because of marijuana.

This isn’t the first time that the State of New York is decriminalizing marijuana possession. In 1977, the state decriminalized the possession of a maximum of 25 grams. The new bill more than doubles that possession limit.

It should be noted that under the new law, the possession of more than 2 ounces of marijuana is still a crime and nothing has changed regarding smoking cannabis in public. It is still forbidden.

All the same, this limited measure is still a victory because New York has been notorious for its restrictive marijuana laws. For example, under the medical marijuana program which was legalized in 2014, smoking medical marijuana isn’t allowed.

Many Senators who spoke during the hearing on the measure were disappointed that the bill didn’t seek to fully legalize marijuana. They cited the fact that medical marijuana has been legal for years as proof that cannabis has some value, so they couldn’t understand why it still remained illegal in the state.

The legislators are also debating a proposal tabled by State Senator Diane Savino to expand the medical cannabis program from its “current overly restrictive design” to something more accommodative.

Republicans, who are now the minority in both legislative chambers in New York State, made futile attempts to block the decriminalization measure, calling it “harmful to people.” It isn’t yet clear how industry players like Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) and Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) will react to the current cannabis news coming out of Albany.

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420 with CNW – Congress Votes to Stop Feds from Interfering in State Marijuana Programs

June 21, 2019 15:20:37

The House of Representatives has voted to block the Department of Justice (DOJ) from using its funds to enforce federal cannabis laws within states which have passed their own laws regulating recreational or medical marijuana cultivation, consumption and sales.

This measure was one of the several amendments put before the floor for inclusion in the appropriations bill for Fiscal Year 2020. The measure, which expands an existing rider that protected medical marijuana programs, was approved on Thursday by a 267-165 vote.

Marijuana industry advocates are convinced that the vote tally reflects the broad support for marijuana law reform, and this support can be used to effect further reforms of the federal marijuana laws.

A day earlier (June 19), the House had also passed another measure seeking to protect the marijuana laws of Indian tribes. This particular measure was passed through a voice vote without any lawmaker asking for a roll call vote. The rider now makes it to the appropriations bill as well.

Rep. McClintock, one of the sponsors of the measure which was approved on Thursday, wrote a letter to members of the House on the day of the vote reminding them that what was at stake was a question on whether the federal government had any authority to dictate on matters of policy regarding an issue which happens within the borders of a state. In his view, which other members appear to have agreed with from the way they voted, the federal government didn’t have that constitutional authority.

Marijuana Policy Project, Drug Policy Alliance, Cannabis Trade Federation, and other marijuana advocacy groups hailed the decision of Congress as historical and a sign that lawmakers in the House of Representatives are waking up to the fact that marijuana law reform “isn’t just good policy but has also become good politics.”

It has emerged that the makers of the only CBD-derived drug to be approved by the FDA wrote to congressional staff telling them that the spending rider before the House should be defeated since it “could interfere with the DOJ’s ability to carry out its regulatory mandate.” The letter from Greenwich Biosciences was seen as being in bad taste since the “Big Pharma” company wanted to protect its interests at the expense of the interests of the people in states with marijuana-friendly laws.

The measures now head to the Appropriations Committee of Senate for consideration, and it isn’t yet clear whether they will be favorably received there. In the past, this committee has consistently approved the spending rider stopping DOJ from interfering in state-level medical marijuana programs. Now that the new amendments include protections for recreational marijuana, the industry isn’t sure how the Republicans in the Senate Committee will react.

Industry analysts are wondering what players like Youngevity International Inc. (NASDAQ: YGYI) and Cannabis Strategic Ventures Inc. (OTCQB: NUGS) would say to the senators if they had a chance to talk to them before they vote on the amendments.

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NetworkNewsBreaks – MustGrow Biologics Corp. Providing Farmers with a Natural Alternative to Synthetic Pesticides, Fertilizers

June 21, 2019 14:06:56

MustGrow Biologics, an agricultural biotech company, is developing and commercializing a natural biopesticide and bio-fertilizer that offers an alternative to cannabis and fruit and vegetable growers that are unable to use synthetic pesticides and fertilizers. A recent article discussing the company reads, “MustGrow’s technologies provide nematode control that is equal and often superior to synthetic alternatives, resulting in elevated yields and increased returns for the grower. Continued use of modern synthetic crop protection products can create a resistance to these conventional products among pests. Advancements in integrated pest management solutions, along with an increase in organic farming, is expected to push the biopesticides market beyond $6 billion by 2023, ResearchandMarkets reports (http://nnw.fm/cwlF2). . . . MustGrow’s biopesticide has U.S. EPA (Environmental Protection Agency) and Canadian PMRA (Pest Management Regulatory Agency) labels as an approved organic solution. The company is also seeking approval to add cannabis as an accepted use, both in the U.S. and Canada. MustGrow’s research shows that when its product is used as a pre-plant/pot soil treatment, it may significantly help control many soil-borne diseases, pathogens and pests, including nematodes, fusarium, rhizoctonia and botrytis (gray mold) that affect the cannabis plant.”

To view the full article, visit http://nnw.fm/3qksO

About MustGrow Biologics Corp.

MustGrow Biologics is an agricultural biotech company that develops and commercializes natural biopesticide and biofertilizer for use as a fertilizer, nematicide, pesticide and fungicide. MustGrow’s novel and proprietary solutions utilize organic components refined from mustard seed to provide high-quality, organic pest control to growers facing challenges associated with soil-borne diseases and pests such as nematodes. The company’s technology provides an all-natural, effective, safe and easy-to-use solution for farmers seeking to raise healthy crops without the use of pesticides. For more information, visit the company’s website at www.MustGrow.ca.

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NetworkNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Advanced Chinese Extraction Technologies to Enter Hemp CBD Extraction Equipment Market

June 21, 2019 13:54:39

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, recently announced that it intends to utilize its access to advanced Chinese extraction technologies to enter the hemp CBD extraction equipment and technologies market (http://nnw.fm/1qlSN). An article discussing the company reads, “In addition to supplying ‘legacy extraction equipment to extraction companies,’ Sugarmade plans to begin distribution of ‘next generation extraction technologies developed in the Chinese province of Yunnan where the hemp industry has existed for more than a thousand years,’ CEO Jimmy Chan stated in a news release. . . . The proprietary Chinese technologies hold the promise of increasing the efficiency of production processes used in hemp cultivation and extraction – the primary source of CBD – at a time when hemp cultivation is enjoying a resurgent popularity in the United States in tandem with federal legalization under last year’s Farm Bill (http://nnw.fm/f6UJj).”

To view the full article, visit http://nnw.fm/UJp4Y

About Sugarmade Inc.

Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. For more information, visit the company’s website at www.Sugarmade.com.

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://nnw.fm/SUGAR

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NetworkNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Continues to Demonstrate Effectiveness in Lab Testing

June 21, 2019 13:18:40

Lexaria Bioscience’s (CSE: LXX) (OTCQX: LXRP) patented drug-delivery platform, DehydraTECH, has exhibited continued success in recent animal lab tests by delivering cannabinoids to the bloodstream faster than conventional cannabinoid formulations (http://nnw.fm/fsKW4). A recent article discussing the company reads, “Lab tests and actual licensed use in the cannabis industry have proved that DehydraTECH’s long-chain fatty acid (“LCFA”) formulation is able to deliver cannabinoids faster than formulations with medium-chain triglyceride (“MCT”) oils, such as coconut oil. DehydraTECH also offers the most advanced flavor and aroma-profile masking techniques in the industry. The groundbreaking technology could negate the need for artificial chemical masking agents or flavoring agents/sweeteners that mask the bitter flavors and aromas of cannabis. . . . Over the entire 60 minutes of the study, the DehydraTECH LCFA formulation delivered a CBD blood concentration level that was 334 percent higher than the level identified in animals that received the MCT oil formulation. The lab tests on animals compared how quickly a DehydraTECH formulation containing LCFA could deliver cannabinoids to the bloodstream, as compared to a concentration-matched conventional industry cannabinoid edible formulation with MCT oil. Coconut oil is commonly used due to its luxurious taste and mouth-feel, which can hide unpleasant cannabis flavors.”

To view the full article, visit http://nnw.fm/6sIqz

About Lexaria Bioscience Corp.

Lexaria Bioscience has developed and out-licenses its disruptive delivery technology, which promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. Lexaria has multiple patents pending in over 40 countries around the world and has patents granted in the United States and Australia for utilization of its DehydraTECH delivery technology. Lexaria’s technology provides increases in intestinal absorption rates, more rapid delivery to the bloodstream, and important taste-masking benefits for orally administered bioactive molecules including cannabinoids, vitamins, nonsteroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LXRP are available in the company’s newsroom at http://nnw.fm/LXRP

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NetworkNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Establishing its Position as a Leading Supplier of Water-Soluble Cannabis Solutions

June 21, 2019 13:17:05

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G), a company engaged in developing and bringing to market cannabis consumer products, is working toward its goal to establish itself as the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles. A recent article discussing SRUTF reads, “The company’s chief science officer, Dr. Arup Sen, reviewed recent accomplishments in an interview with InvestorIdeas.com that featured the company’s technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution (http://nnw.fm/jWBO3). . . . ‘We will be pretty much standing alone in the field of making beverages that will include natural chemicals in their natural state from cannabis and hemp plants,’ Sen stated in the interview. ‘We have created about 44 different formulations, many of which have already gone through the stability testing, both in cans as well as bottles, because, at this point we don’t know how the regulations will turn out. We would prefer glass bottles, because of the clear solution nature of our beverages which will stand out in a glass bottle.’”

To view the full article, visit http://nnw.fm/pe5I3

About Sproutly Canada Inc.

Sproutly Canada’s core mission is to become the leading supplier to the cannabis beverage and edibles market. The company’s Toronto-based, ACMPR-licensed facility was built to cultivate pharmaceutical-grade cannabis to supply a technological breakthrough in producing and formulating the first natural, truly water-soluble cannabis solution. Sproutly’s water-soluble ingredients and bionatural oils will deliver revolutionary brands to international markets that are clamoring for well-defined commercial products. Sproutly’s business focus is to execute on partnerships with local and globally established consumer brands to leverage its existing customer bases, further expand brand loyalty, and assist with marketing and support distribution networks to deliver this scientific breakthrough with speed and efficiency worldwide. For more information, visit the company’s website at www.Sproutly.ca.

NOTE TO INVESTORS: The latest news and updates relating to SRUTF are available in the company’s newsroom at http://nnw.fm/SRUTF

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CannabisNewsAudio – TransCanna Holdings Inc. (CSE: TCAN) Flourishing in the Evolving Cannabis Sector through Key Acquisitions

June 21, 2019 11:19:44

Related Editorial
The cannabis sector continues its steady shift toward big business, big money and a focus on the value add of immaterial assets.

TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) (TCAN Profile) has made several key acquisitions, creating a large operation with various licenses and recognized brands. HEXO Corp. (TSX: HEXO) (NYSE American: HEXO) has taken a similar path with the acquisition of Newstrike. Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) is building a positive public profile through releasing educational tools. Aphria Inc. (TSX: APHA) (NYSE: APHA) has expanded the hunt for cultivation licenses to Germany. Meanwhile, companies such as Charlotte’s Web Holdings Inc. (TSX: CWEB) (OTCQX: CWBHF) keep releasing new products into the market.

To view the full editorial, visit http://cnw.fm/7IVvk

To hear the CannabisNewsAudio version, visit http://cnw.fm/T0d0X

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace. For more information, visit the company’s website at www.TransCanna.com.

NOTE TO INVESTORS: The latest news and updates relating to TCAN are available in the company’s newsroom at http://cnw.fm/TCAN

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CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Reaches Key Milestone with Launch of FirstNet UV350 In-Vehicle Device for Public Safety

June 21, 2019 11:17:28

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a global developer and provider of cellular communications systems, recently achieved a major milestone with the launch of its FirstNet Ready Uniden UV350 4G/LTE In-Vehicle Device for Public Safety (http://nnw.fm/vhW8m). An article further discussing the company reads, “Siyata’s UV350 is the first in-vehicle mounted phablet that’s been tested and approved for use on both the AT&T and FirstNet networks. . . . ‘We have been working for the past two years to launch at U.S. carriers,’ CEO and Board Chairman Marc Seelenfreund said in an interview with InvestorIntel published last month (http://nnw.fm/9npkF). ‘This is a very long process and very few companies are able to actually achieve device approvals at the U.S. carriers. Now that we have launched with AT&T and FirstNet, we can begin targeting a very large-scale opportunity in the United States.’”

To view the full article, visit http://nnw.fm/8rIgG

About Siyata Mobile Inc.

A TSX Venture Top 50 Company, Siyata Mobile Inc. is a leading global developer and provider of cellular communications systems for enterprise customers, specializing in connected vehicle products for professional fleets, marketed under the Uniden® Cellular brand. Since developing the world’s first 3G connected vehicle device, Siyata has been a pioneer in the industry, launching the world’s first 4G LTE all-in-one fleet communications device. Incorporating voice, push-to-talk over cellular, data and fleet-management solutions into a single device, the company aims to become the connected vehicle communications device of choice for commercial fleets and first responders around the world. Siyata also offers rugged phones for industrial users and signal boosters for homes, buildings and fleets with poor cell coverage. Siyata’s customers include cellular operators, commercial-vehicle technology distributors and fleets of all sizes in Canada, the United States, Europe, Australia and the Middle East. For more information, visit the company’s websites at www.UnidenCellular.com and www.SiyataMobile.com.

NOTE TO INVESTORS: The latest news and updates relating to SYATF are available in the company’s newsroom at http://nnw.fm/SYATF

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NetworkNewsBreaks – SinglePoint, Inc. (SING) Offers Discount for SingleSeed Relaunch of LALPINA CBD Water Following Site Crash Due to High Demand

June 21, 2019 10:22:33

SinglePoint (OTCQB: SING) this morning reported that its ecommerce site SingleSeed.com crashed and experienced a delay in ordering yesterday due to the overwhelming response to LALPINA CBD Water, a brand of American Premium Water Company (OTC: HIPH). To apologize for this inconvenience, the company is offering a 10% discount on LALPINA CBD Water products through the weekend using the code “CRASH” at checkout. “LALPINA CBD has been a great product on our site. And this response for their product is very exciting for SingleSeed and LALPINA CBD. We look forward to continuing our great relationship and shipping orders of LALPINA CBD to all customers. We have resolved the issue and including additional precautions to avoid another outage. Thank you to all the customers supporting LALPINA and SingleSeed,” SinglePoint president Wil Ralston stated in the news release.

To view the full press release, visit http://nnw.fm/8zopR

About SinglePoint, Inc.

SinglePoint, Inc (SING) is a technology and acquisition company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company’s portfolio includes mobile payments, ancillary cannabis services, blockchain solutions and renewable energies. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

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NetworkNewsBreaks – Endonovo Therapeutics Inc. (ENDV) Appoints Leader in Field of Pain Management to its Scientific Advisory Board

June 21, 2019 10:20:59

Endonovo Therapeutics (OTCQB: ENDV), an innovative biotechnology company, this morning announced the appointment of Steven Levin, M.D., to its scientific advisory board. Per the update, Dr. Levin will assist Endonovo to facilitate the SofPulse(R) introduction to healthcare facilities and further develop the Electroceutical(TM) devices pipeline. “Dr. Levin’s vast experience with novel therapies in the anesthesiology and pain management field, as well as his strong research interest to improve clinical practice in pain management, will be valuable scientific additions to Endonovo,” ENDV CEO Alan Collier said in the news release. “As a leader in the field of pain management, Steven will contribute valuable knowledge and expertise as we move our programs forward.”

To view the full press release, visit http://nnw.fm/Bjt4n

About Endonovo Therapeutics Inc.

Endonovo Therapeutics is a commercial-stage developer of noninvasive wearable electroceuticals(TM) therapeutic devices. The company’s current portfolio of commercial and clinical-stage wearable electroceuticals therapeutic devices addresses wound healing, pain, postsurgical pain and edema, cardiovascular disease, chronic kidney disease and central nervous system (“CNS”) disorders, including traumatic brain injury (“TBI”), acute concussions, postconcussion syndrome and multiple sclerosis. The company’s noninvasive electroceutical therapeutic device, SofPulse(R), using pulsed short-wave radiofrequency at 27.12 MHz, has been FDA cleared and CE marked for the palliative treatment of soft-tissue injuries and postoperative pain and edema, and has CMS national coverage for the treatment of chronic wounds. The company’s current portfolio of preclinical-stage electroceuticals therapeutic devices address chronic kidney disease, liver disease nonalcoholic steatohepatitis (“NASH”), cardiovascular and peripheral artery disease (“PAD”), and ischemic stroke. The company’s noninvasive, wearable electroceuticals therapeutic devices work by restoring key electrochemical processes that initiate anti-inflammatory and growth-factor cascades necessary for healing to occur. For more information, visit the company’s website at www.Endonovo.com.

NOTE TO INVESTORS: The latest news and updates relating to ENDV are available in the company’s newsroom at http://nnw.fm/ENDV

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Coinvention 2019 to Shine Spotlight on the Best in Blockchain

June 21, 2019 10:11:32

What better place to create a platform that catalyzes ideas, projects and start-ups in the blockchain space than Philly? The city, after all, is cradle of the Republic, bearing both the Declaration of Independence and the U.S. Constitution. It’s no surprise, then, that, after last year’s success, Coinvention is returning to the Birthplace of America. Yes, Coinvention is back, rallying the blockchain community – developers, enterprise companies and enthusiasts – for a two-day event at the Loews Hotel, September 20-21, 2019.

Day one will be devoted to a hackathon featuring workshops led by select entrepreneurs and designers. Over 100 developers are expected to attend. On day two, the main conference gets underway. Speakers are scheduled to include Maureen Murat of the Cogent Law Group, Nick Spanos of Bitcoin Center NYC and…

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World Crypto Conference 2019 to Gather Speakers, Sponsors and Blockchain Supporters in Vegas

June 21, 2019 10:00:04

It’s not who you know, but who knows you. If you’re planning to raise your profile in the crypto community, you’ll want to attend World Crypto Conference 2019 (WCC). Its roster of sponsors and speakers features a who’s who of crypto celebrities, companies and collaborators. In networking terms, it doesn’t get much better than this.

World Crypto Conference 2019 gets underway October 29-31, 2019, at The Cosmopolitan of Las Vegas. Hosted by event management company EVOLV, this second annual blockchain and…

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Green Hygienics Holdings Inc. (GRYN) Secures Hemp Sale Purchase Order with U.S. Tobacco de Mexico

June 21, 2019 09:40:56

Green Hygienics signed a purchase order for the sale of hemp flower to the Tijuana-based firm over the course of five years
Hemp flower from Green Hygienics will be used in the U.S. Tobacco de Mexico production lines; U.S. Tobacco de Mexico has over 20 brands of CBD hemp cigarettes
The partnership is in line with the Green Hygienics growth strategy; the company generates revenue through innovative product development, as well as through strategic partnerships and acquisitions

Green Hygienics Holdings Inc. (OTCQB: GRYN) recently announced its entry into a multiyear purchase order for the sale of hemp to U.S. Tobacco de Mexico, an industry leader with over 20 different brands of CBD hemp cigarettes (http://nnw.fm/mKA8N). The lucrative five-year contract will require Green Hygienics to deliver $56.4 million worth of hemp flower to the Tijuana, Mexico-based firm for use in its production lines.

U.S. Tobacco de Mexico is a Tijuana-based tobacco and cigarette product importer. Its excellent management team and global positioning capabilities will provide various opportunities, making the partnership an exciting one, Green Hygienics Vice President of…

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://nnw.fm/GRYN

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Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Starts Selling Cannabis Flower Commercially, Considers Wholesale Distribution

June 21, 2019 09:15:51

Sproutly Canada’s executive team recently announced the company’s first commercial sale of cannabis flower to another licensed producer in Canada
The sale marks a major milestone for Sproutly as the beginning of a new revenue stream that is in line with the company’s strategic expansion plans
Sproutly also announced that it is awaiting the receipt of a sales license, allowing the company to sell more wholesale craft flower under its new brand, Caliber

Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) recently announced its first commercial sale of cannabis flower in Canada. Selling cannabis flower commercially to a recognized and licensed producer is a major milestone, Sproutly CEO Keith Dolo said in a company news release (http://nnw.fm/HAmf9). The shipment marks the beginning of a revenue stream, demonstrating the ability of the Sproutly team to bring the company’s strategy to reality, Dolo concluded.

Currently, Sproutly awaits its sales license from Health Canada. Once the license is received, followed by a thorough inspection, Sproutly may consider selling more wholesale craft flower to ensure consistent revenue generation. Following the receipt of its sales license from…

NOTE TO INVESTORS: The latest news and updates relating to SRUTF are available in the company’s newsroom at http://nnw.fm/SRUTF

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The Cannabinoid of the Future? Hemptown USA at the Forefront of CBG’s Rise to Prominence

June 21, 2019 08:49:47

Widely known as the “mother of all cannabinoids,” cannabigerol is believed to have multiple benefits and medical applications in areas such as autoimmune conditions, cancer, pain management, inflammation and more
CBG oil’s market price in the U.S. is currently two to four times higher than the price of CBD oil
As genetic advances lead to higher yields, CBG looks set to become a prominent part of the cannabinoid market
Hemptown USA is working to ensure sustainable production of CBG and is positioned to produce about 40 percent of the North American supply of CBG in the near future

Cannabigerol (CBG) ranks among the cannabinoids that will potentially change the future of the cannabis product market. While CBD currently dominates the landscape, scientific advances and genetics could contribute to the rising prominence of CBG in the future.

Currently, the CBG content in most plants is very low – it remains less than one percent. However, genetics programs can boost that concentration and increase extraction yield. One of the companies at the…

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NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Direct Solar’s Plans to Offer Commercial Scale Solar Lending Solution

June 21, 2019 08:36:34

Technology and investment company SinglePoint (OTCQB: SING) and Direct Solar today announced that the company is developing a solar lending solution to serve customers who own and/or manage commercial properties. According to the update, Direct Solar will be one of the first companies to offer this type of lending solution, which is a market opportunity that fills a gap in the commercial space. “Currently there are a lot of residential lending solutions as well as large scale lending for solar farms and high megawatt projects. We have yet to find a solution that will finance projects in the small to medium commercial space,” Direct Solar Founder CEO Pablo Diaz said in the news release. “Our financing solution will provide these customers with quick funding turn around and require no personal guarantees. We believe there is enough projects for us to turn $100 Million dollars in lending over the next 9-12 months.”

To view the full press release, visit http://nnw.fm/6vHy8

About SinglePoint, Inc.

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NetworkNewsBreaks – Net Element, Inc.’s (NASDAQ: NETE) Apito to Begin Accepting Cryptocurrency Payments in July

June 21, 2019 08:16:10

Net Element (NASDAQ: NETE), a worldwide technology and value-added solutions group, on Thursday announced that Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution, will capitalize on the growing trend of cryptocurrency by processing cryptocurrency payments. Beginning July 1, 2019, Aptito merchants will be able to accept all major cryptocurrencies through the Netevia Gateway. “We are excited to launch cryptocurrency payment acceptance for Aptito’s clients through our proprietary Netevia Gateway,” Net Element chief technology officer Andrey Krotov stated in the news release. “Our scalable and future-ready platforms are on the-cutting-edge of global alternative payment trends.”

To view the full press release, visit http://nnw.fm/mQ7zh

About Net Element Inc.

Net Element (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the United States and selected emerging markets. In the U.S., the company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest-growing companies in North America on Deloitte’s 2017 and 2018 Technology Fast 500. In 2017, Net Element was recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://nnw.fm/NETE

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Acquisitions, Licenses, Research Key in Consistent Cannabis Market Growth

Receive Text Alerts from CannabisNewsWire: Text “Cannabis” to 21000

June 21, 2019 08:00:02

CannabisNewsWire Editorial Coverage: The cannabis sector continues its steady shift toward big business and big money, with much of growth based on acquisitions, agreements and consistent research.

TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) (TCAN Profile) is focused on creating a large operation with various licenses and recognized brands, with several key acquisitions, being part of that strategy. Medmen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) is in the process of acquiring PharmaCann, which recently received an extension to complete the development of its cultivation facility in Ohio. Cronos Group Inc. (TSX: CRON) (NASDAQ: CRON) just entered into a multiyear supply agreement that will help the company provide high-quality products to consumers in anticipation of the derivative market launching in Canada this fall. Tilray Inc. (NASDAQ: TLRY) recently completed its acquisition of Manitoba Harvest, the largest hemp food company. GW Pharmaceuticals Plc (NASDAQ: GWPH) continues its march forward as a leader in cannabinoid prescription medicines sector with its recent announcement of positive, top-line results of a Phase 3 clinical trial of Epidiolex® in the treatment of seizures associated with…

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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DISCLAIMER: CannabisNewsWire (CNW) is the source of the Article and content set forth above. References to any issuer other than the profiled issuer are intended solely to identify industry participants and do not constitute an endorsement of any issuer and do not constitute a comparison to the profiled issuer. The commentary, views and opinions expressed in this release by CNW are solely those of CNW. Readers of this Article and content agree that they cannot and will not seek to hold liable CNW for any investment decisions by their readers or subscribers. CNW is a news dissemination and financial marketing solutions provider and is NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

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420 with CNW – How Marijuana Legalization Law in Illinois Differs from All Others

June 21, 2019 03:20:31

If, as is widely expected, Gov. Pritzker signs a bill that was passed to legalize recreational cannabis in Illinois, the state’s legalization law will be different from all others in several aspects.

First, Illinois will have defied the odds to legalize adult-use marijuana legislatively. All the other ten states have done so through voter initiatives. Lawmakers in New Jersey and New York at one time seemed poised to pass bills legalizing recreational marijuana but intraparty disagreements have torpedoed those plans.

Another way in which Illinois’ law is unique is that it contains provisions which are aimed at promoting social equity in the marijuana industry. The law creates a Cannabis Business Development Fund through which minorities will be supported to join the legal industry. $12million has been earmarked for this fund and a fraction of the fees levied on players in the cannabis industry will go to this fund as well.

Additionally, licensing fees will be lowered for applicants from minority communities who wish to start recreational marijuana businesses. Loans will also be given to these “equity” applicants at low interest rates. This will address the longstanding difficulty that members of these communities have always had when it comes to accessing business loans.

The law also stipulates that at least eight community colleges should offer marijuana business education programs by September 2020. A minimum of five of those colleges should enroll at least half of their students from low-income communities since those are the primary beneficiaries of this provision in the law.

Another unique feature of the Illinois law is that 25 percent of the sales tax levied on recreational marijuana sales as well as 25 percent of all other fees levied in the industry will go towards funding a “Restore, Reinvent and Renew” program through which grants will be given for the purpose of combating violence and revitalizing the communities most affected by the war on drugs.

The lawmakers in Illinois didn’t just talk about social justice and equity; they went all out and formulated a law which spells out exactly how these ideals will be brought to life in the state. This law is certainly going to be a model from which other jurisdictions borrow ideas when formulating their own laws.

One has no choice but to believe that the entire marijuana industry, including Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) and The Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF), are likely to be pleased by this cannabis news coming out of Illinois.

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420 with CNW – Medical Marijuana Dispensary Introduces its Own Credit Cards to Reduce Cash Transactions

June 20, 2019 15:20:10

Columbia Care, a medical marijuana company, has rolled out its own credit card as the cannabis industry struggles to find alternatives to having to deal in cash only.

Just like banks, credit card providers have been reluctant to embrace the marijuana industry because of fears that they would be sanctioned by the federal government since marijuana remains an illegal substance federally.

This has compelled most dispensaries to accept only cash, with ATMs being a frequent sight on the premises of dispensaries. Some dispensaries have designed systems which accept ATM or debit cards for making payments for purchases made.

Columbia Care has been running trials of its credit card in New York and it now plans to roll out this system in Chicago where it has a dispensary within the Jefferson Park neighborhood. Nicolas Vita, the company’s CEO says that patients spend approximately $144 each time they visit the dispensary in Chicago.

He added that the introduction of the credit cards will make it easier for patients to access the medical marijuana products that they need. He singled out patients who have mobility challenges and those who travel long distances to find a dispensary as some of the patients who may buy more products once they have the credit card. Buying more during a single visit reduces the frequency of making trips to purchase replenishments.

To get the credit card, patrons will be asked to use the tablet in the dispensary to fill a form. The credit card will then be processed quickly and the dispensary client will be in position to use that card during that same visit.

Columbia Care revealed that it is working hard to secure intermediaries and financial institutions in all the 12 states where the company has operations. Those partnerships will make it possible for dispensary clients to use the credit card in those other states.

Unlike other credit cards, the one issued by Columbia Care will not attract any fees. Its annual interest rate (15.99 percent) is also lower than the industry average (17.73 percent).

When the credit card was tested in New York, customers bought approximately 18 percent more products when using the credit card when compared to the purchases made when paying cash or using an ATM or debit card.

Other attempts have been made to find alternative ways to receive payments, but some of those methods border on illegality. For example, some companies accept credit cards but the purchases are reflected on credit card statements as spending at a florist’s while other companies ask clients to buy a gift card and then use that gift card to buy marijuana products.

Meanwhile, there has been a recent push by different groups, such as Attorneys General and banking associations, urging Congress to enact legislation bringing marijuana industry money into the banking system.

It would be interesting to know what industry players like Sugarmade Inc. (OTCQB: SGMD) and Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) think about some of the unorthodox payment methods that some marijuana companies have resorted to.

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NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces All-Store Distribution for Javalution Hemp Infused Coffee Brand

June 20, 2019 14:58:19

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced all-store distribution for its Javalution Hemp Infused Coffee Brand. Per the update, the Javalution Brand is scheduled to ship in the fourth quarter, with its distribution footprint including 400 Winn Dixie stores, 96 Bi-Lo stores, 25 Fresco Y Mas stores and 50 Harvey stores. To date, Javalution is the fourth Youngevity-owned brand to gain shelf space at these Southeastern Grocers locations. “We are very excited to see our Javalution Brand adding to our successful partnership with Southeastern Grocers,” Ernesto Aguila, president and founder of CLR Roasters, stated in the news release. “We are quite enthusiastic to see growth taking place with our single serve business and thrilled to see our Javalution Brand join our Josies Java House Brand with expected distribution into 570 retail doors throughout Southeastern Grocers by the fourth quarter.”

To view the full press release, visit http://nnw.fm/XTS0k

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity; YGYI offers products from the six top-selling retail categories, including health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://nnw.fm/YGYI

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NetworkNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: ZRRRF) Employs Aggressive Expansion Strategy

June 20, 2019 14:26:57

West Coast-based cannabis holding company IONIC Brands (CSE: IONC) (OTC: ZRRRF), formerly Zara Resources Inc., has deployed an aggressive growth strategy to expand throughout the US from its headquarters in Washington, resulting in new operations in Oregon and California, with plans to continue growth into other states throughout 2019. An article further discussing the company reads, “‘I refer to IONIC Brands Corp. as an upstart company now, not so much a startup,’ CEO and Board Chairman John Gorst stated in an April interview (http://nnw.fm/HcNZ4). ‘We’re working to develop hard systems that run our businesses regionally and eventually nationally with the end goal of being international. That’s what we’re focused on right now.’ . . . At the same time, Gorst acknowledged that M&A activity is not the company’s prime strategic driver as it focuses on organic, bottom-up growth in cultivating and delivering medical and recreational market cannabis products.”

To view the full article, visit http://nnw.fm/B2ufN

About IONIC Brands Corp.

IONIC Brands is a national cannabis holding company based in Washington and led by a team of successful entrepreneurs. The company is focused on building a multistate, consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone brand of the portfolio, IONIC, is an accomplished No. 1 vaporizer brand in Washington that has aggressively expanded throughout the West Coast of the United States and is currently operating in Washington, Oregon and California. IONIC Brands’ strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally. For more information, visit the company’s website at www.IONIC.social.

NOTE TO INVESTORS: The latest news and updates relating to ZRRRF are available in the company’s newsroom at http://nnw.fm/ZRRRF

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NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Extends Market Reach Beyond California

June 20, 2019 14:25:45

Through a partnership agreement with TapRoot Holdings, California-based Plus Products (CSE: PLUS) (OTCQB: PLPRF) has expanded its market reach to include Nevada. An article further discussing PLUS reads, “The company has entered into a definitive partnership agreement with TapRoot Holdings Inc., which holds seven retail licenses in Nevada and has a deep understanding of the Nevada market (http://nnw.fm/Ti5I0). . . . PLUS entered Nevada with the recent debut of its low-dose mints in dispensaries. PLUS said that it hopes to replicate in Nevada the success it’s achieved in California. In California, PLUS sold more than one million units in 2018, earning the distinction of having the two best-selling cannabis offerings among over 20,000 products (http://nnw.fm/vGl0C).”

To view the full article, visit http://nnw.fm/D1aG2

About Plus Products Inc.

Plus Products Inc. creates safe, low-dose, delicious cannabis food products that enhance the everyday. PLUS’s mission is to make cannabis safe and approachable by using nature to bring balance to people’s lives – that effort starts with high-quality, precisely dosed products that deliver consistent experiences. The gummies PLUS’s food produces, which include gummies and mints in a variety of delectable flavors, are manufactured at the company’s factory in Adelanto, California, where dosage is tested twice internally and then tested twice again by an independent lab. PLUS is headquartered in San Mateo, California, with 80 employees. For more information, visit the company’s website at www.PlusProducts.com.

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://nnw.fm/PLPRF

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NetworkNewsBreaks – Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Approach Drives Growth

June 20, 2019 14:14:59

Spectrum Global Solutions (OTCQB: SGSI), a leading provider of telecommunications engineering and infrastructure services and solutions, recently reported first quarter 2019 revenues of $11,335,732, demonstrating a sharp increase from $4,327,764 for the same period of the previous year (http://nnw.fm/WQc71). The company attributes the growth to its bundling of services and the lack of qualified services firms in the rising telecommunications market. An article discussing the company reads, “The combined gross profit reported in Q1 from subsidiaries acquired in April 2017, February 2018 and January 2019 was $2,511,567, marking a 22.2 percent gross profit increase. By comparison, in the first quarter of 2018, the company’s gross profit was $543,244. . . . SGSI sees market growth in future 5G implementation from telecom companies, as well as ongoing 4G network upgrades. The company has positioned itself to gain more market share and will seek to maximize cross-selling opportunities by leveraging services and relationships with clients of operating subsidiaries. The peak in market installation demand and low number of qualified services firms could result in SGSI expanding 2019 revenues, driven by strategic, accretive acquisitions and organic growth.”

To view the full article, visit http://nnw.fm/2srDP

About Spectrum Global Solutions Inc.

Spectrum Global Solutions operates through its subsidiaries: AW Solutions, ADEX Corp and TNS. The company is a leading provider of telecommunications engineering and infrastructure services across the United States, Canada, Puerto Rico, Guam and the Caribbean. For more information, visit the company’s website at www.SpectrumGlobalSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to SGSI are available in the company’s newsroom at http://nnw.fm/SGSI

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CannabisNewsAudio – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Attains Rapid Growth in the Mounting Cannabis Sector

June 20, 2019 14:02:08

Related Editorial
Skepticism has been squashed and all apprehension eliminated. There’s no longer any question about either the viability or the profitability of the newly respected cannabis sector. Huge money has already been made in the nascent industry, and the only real question left is: where’s the next super nova?

Quarter-over-quarter sales growth is one of the indicators used to target explosive upside potential. Similar growth patterns were exhibited by many of the cannabis behemoths prior to parabolic price increases. In what may be an equally telling indicator, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) revenues have now increased 11 consecutive quarters, quarter on quarter, ever since the company started selling its hemp-based CBD products. Similar quarterly sales spikes and strategic acquisitions foreshadowed dramatic price increases in some of the largest names in the cannabis universe. Last October Medmen Enterprises Inc. (CSE: MMEN) (OTCQX: MMNFF) soared 60% in one week when the company announced a deal to buy PharmCann. Florida-based Trulieve Cannabis Corp. (OTC: TCNNF) (CSE: TRUL) went public last September through a reverse merger in Canada and soared 200% after a strong 2018 Q2. Already up big on Canadian exchanges, Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) became the first pure-play marijuana stock to list on NASDAQ around $7 and just bounced off $23 a share. Last year, Tilray Inc. (NASDAQ: TLRY) became the first cannabis company to IPO on the NASDAQ at $17 per share and by September skyrocketed to $300. Despite price surges and fluctuations in the big cannabis names, there’s bound to be more money made in the sector; the run is far from over.

To view the full editorial, visit http://cnw.fm/92nVW

To hear the CannabisNewsAudio version, visit http://cnw.fm/6PpYq

About Wildflower Brands

Wildflower Brands is a Vancouver-based company developing and designing branded CBD experiences that focus on plant-based health and wellness products. All of its brands work in synergy toward becoming a global wellness leader. For more information, visit the company’s website at www.WildflowerBrands.co

NOTE TO INVESTORS: The latest news and updates relating to WLDFF are available in the company’s newsroom at http://cnw.fm/WLDFF

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NetworkNewsBreaks – Sharing Services Inc. (SHRG) Pursues Uplisting to the Nasdaq Capital Market

June 20, 2019 13:52:50

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., recently announced its plans to uplist to the Nasdaq Capital Market. A recent article discussing the company reads, “This move follows a recent name and stock symbol change to better reflect its brand, identity and strategic plan for global expansion in the direct-selling industry. The company is executing its mission to change the industry and elevate its entrepreneurs with best-in-class products and services. . . . ‘Elevating the listing of our common stock to the Nasdaq Capital Market will increase corporate visibility, improve liquidity and broaden awareness in the financial markets, which is an important step forward in our mission to enhance shareholder value as the company continues to grow,’ Sharing Services Global CEO John “JT” Thatch stated in a news release (http://nnw.fm/X9PnC).‘We have made significant progress in strengthening our financial performance, governance and liquidity in the last 18 months since rebranding and launching our first two companies to position us for continued growth and profitability. These actions, coupled with the impending rollout of additional products and strategic international expansion, will continue that growth and profitability. A listing on the Nasdaq Capital Market is a natural progression for the company and our shareholders.’”

To view the full article, visit http://nnw.fm/JR4eL

About Sharing Services Global Corporation

Sharing Services Global Corporation, formerly Sharing Services Inc., is a diversified holding company that is publicly traded and dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling industry. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer through independent contractors. Two of its primary divisions include Elevacity Global LLC (a product sourcing and supply company) and Elepreneur LLC (a sales and marketing company based on utilization of independent contractors as the sales force). For more information, visit the company’s websites at www.SHRGinc.com, www.Elevacity.com or www.Elepreneur.com.

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://nnw.fm/SHRG

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NetworkNewsBreaks – INmune Bio Inc. (NASDAQ: INMB) Developing Innovative Drug Candidates to Treat Cancer, Alzheimer’s Disease

June 20, 2019 13:24:16

INmune Bio (NASDAQ: INMB), a diversified clinical-stage immunology company focused on developing treatments that harness the patient’s innate immune system to combat disease, is currently developing drug candidates INKmune and INB03, which may be used to treat cancer, and XPro1595, which targets neuroinflammation as a cause of Alzheimer’s disease. An article further discussing the company reads, “XPro1595 targets the microglial immune cells of the brain that are activated in many Alzheimer’s disease patients. These microglial cells are a cause of neuroinflammation that can kill nerve cells and promote synaptic dysfunction — the cause of dementia in Alzheimer’s. A phase I clinical trial in patients with Alzheimer’s disease, supported by the Alzheimer’s Association grant, is expected to be initiated in the summer of 2019. . . . Upcoming catalysts for INmune Bio include advancements in several clinical trials featuring INB03 and INKmune — both of which are focused on ‘taking the brakes off’ the body’s innate immune system to become a powerful weapon in the fight against cancer. INB03 is a checkpoint inhibitor that targets cells resistant to immunotherapy to instead become therapeutically effective; INKmune primes a patient’s own natural killer cells to move from a resting state to an active state to attack and eliminate residual disease (lingering cancer cells) after cancer therapy.”

To view the full article, visit http://nnw.fm/M19Hy

About INmune Bio Inc.

INmune Bio Inc. (NASDAQ: INMB) is a publicly traded, clinical-stage biotechnology company developing therapies targeting the innate immune system to fight disease. INmune Bio is developing three product platforms: two products that re-engineer the patient’s innate immune system’s response to cancer and one product to treat neuroinflammation that is currently focused on Alzheimer’s disease. INKmune is a natural killer (“NK”) cell therapeutic that primes the patient’s NK cells to attack minimal residual disease, the remaining cancer cells that are difficult to detect, which often cause relapse. INB03 inhibits myeloid derived suppressor cells (“MDSC”), which often cause resistance to immunotherapy, such as anti-PD-1 checkpoint inhibitors. XPro1595 targets neuroinflammation, which causes microglial activation and neuronal cell death. INmune Bio’s product platforms utilize a precision medicine approach for the treatment of a wide variety of hematologic malignancies, solid tumors and chronic inflammation. To learn more, please visit www.INmuneBio.com.

NOTE TO INVESTORS: The latest news and updates relating to INMB are available in the company’s newsroom at http://nnw.fm/INMB

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NetworkNewsBreaks – Earth Science Tech Inc. (ETST) Seeking Additional Market Share via White-Label Initiative

June 20, 2019 12:34:01

Florida-based biotech company Earth Science Tech (OTCQB: ETST) is on a mission to gain additional market share by using its white-label initiative that offers marketers the ability to rebrand its full-spectrum cannabinoids line (http://nnw.fm/ydBZ4). A recent article discussing the company reads, “White labeling enables a company to benefit from the branding and distribution channels of other brands (http://nnw.fm/J1r2T) and is a strategy designed to create more loyalty and insular protection for ETST in the competitive cannabis market. ETST has collaborated with its manufacturing partner to launch the white-labeling initiative (http://nnw.fm/x7mKm). . . . This program is expected to help ETST gain market share at a time when the company is also broadening its target markets to include larger chain and health-food stores, pharmacies, dispensaries, chiropractor offices, athletic clubs and clinics. ETST has signed agreements with Desert Sun Distribution and Cannabiz to distribute to health care practitioners and pharmacies.”

To view the full article, visit http://nnw.fm/hUsP2

About Earth Science Tech Inc.

Earth Science Tech offers the highest purity and quality high-grade, full-spectrum cannabinoid oil on the market. Studies by DV Biologics prove the company’s CBD oil formulation lowers cortisol and functions as a neuroprotectant, with positive-result case studies through key health organizations. ETST formulates, markets and distributes the CBD oil used for these studies to the public, offering the most effective quality of CBD on the market. For more information, visit the company’s website at www.EarthScienceTech.com.

NOTE TO INVESTORS: The latest news and updates relating to ETST are available in the company’s newsroom at http://nnw.fm/ETST

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NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) to Expand Product Line with Sleep-Friendly, Plant-Based Ice Cream

June 20, 2019 11:47:53

Nightfood Holdings Inc. (OTCQB: NGTF), the nationally expanding ice cream company solving America’s $50 billion nighttime snacking problem, this morning detailed plans to introduce sleep-friendly, plant-based Nightfood flavors to supermarket chains during the 2019 summer/fall category review periods. Per the update, each of the new dairy-free flavors is oat-based and contains pea protein. The company also announced that it has been named as a finalist in three categories for the upcoming World Dairy Innovation Awards, including Best Ice Cream, Best Dairy Dessert and Best New Brands. Winners will be announced June 26. “I feel great about our chances to win a global award next week, and it’s an honor just to be nominated,” Sean Folkson, founder of Nightfood, stated in the news release. “What we’re doing is a home run with consumers and has captivated the media, making Nightfood a must-add right now for supermarket decision makers. We expect our plant-based products to be met with the same excitement and enthusiasm.”

To view the full press release, visit http://nnw.fm/GY39l

About Nightfood Holdings

Nightfood Holdings Inc. owns Nightfood Inc. and MJ Munchies Inc. On February 8, 2019, it was announced that Nightfood ice cream won the ‘2019 Product of the Year’ award in the ice cream category in a Kantar survey of over 40,000 consumers. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood’s sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, delivers benefits found in no other product on the market. Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for the coming years. Nightfood ice cream is rolling out nationally and has recently announced distribution in the popular Meijer supermarket chain throughout the Midwest, with concentration in the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus, and Milwaukee, as well as Lowes Foods, with 78 stores in the Carolinas and Virginia. MJ Munchies Inc. was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The company intends to market some of these new products under the brand name “Half-Baked”, for which they’ve successfully secured trademark rights. For more information, visit the company’s website at www.Nightfood.com

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF

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Cannabis Drinks Expo to Feature More than 80 Global Exhibitors

June 20, 2019 11:28:14

Cannabis Drinks Expo will offer an opportunity to learn, network and source within the cannabis market
Industry experts are expected to collectively examine the benefits of the burgeoning cannabis drinks category
Special pricing on conference tickets ends July 10, 2019

Cannabis Drinks Expo by Beverage Trade Network is on the horizon, providing a gateway to the new legalized cannabis category. Taking place Thursday, July 25, 2019, from 9:00 a.m. to 5:00 p.m. at the South San Francisco Conference Center, the expo is expected to be the first event to give the global drinks industry the chance to convene and look at ways to address legalized cannabis. Drinks producers, manufacturers, brand owners, distilleries and brewers are set to assemble at the expo to discuss and examine ways that they can benefit from this growing category. The Beverage Trade Network (BTN) organizes events for the alcoholic beverage trade worldwide.

A trade-only event, the focus of the Cannabis Drinks Expo is growing businesses and strengthening bottom lines. The event will provide brand owners, distilleries and breweries with the…

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NetworkNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Gains Approval from FINRA to Change OTC Ticker Symbol

June 20, 2019 11:22:53

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced that its request to change its OTC ticker symbol from “INNPF” to “NABIF” has been approved by the Financial Industry Regulatory Authority, Inc. (“FINRA”), effective as of the opening of market trading on June 20, 2019. “Trading under the new OTC ticker ‘NABIF’ completes our corporate transition to Nabis. With our public company presence now fully aligned to our corporate brand, we are excited to continue to build the Nabis footprint across the United States,” Nabis Holdings CEO and Director Shay Shnet stated in the news release.

To view the full press release, visit http://nnw.fm/y5X2S

About Nabis Holdings Inc.

Nabis Holdings is a Canadian investment issuer that invests in high quality cash flowing assets across multiple industries, including real property, securities, cryptocurrency, and all aspects of the U.S. and international cannabis sector. Led by two of the co-founders of MPX Bioceutical, one of the largest takeovers in the U.S. Cannabis space to date, the company has a proven track record in emerging markets to create significant shareholder value. The company is focused on investing across the entire vertically integrated aspects of the space with a focus on revenue generation, EBITDA and growth. For more information, please visit www.NabisHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to NABIF are available in the company’s newsroom at http://nnw.fm/NABIF

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NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Highlights $1.25M Strategic Investment in Friendly Stranger Holdings Corp.

June 20, 2019 11:08:28

Premium cannabis company VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that it has made a $1.25 million strategic investment in Friendly Stranger Holdings Corp., a longstanding retail champion of cannabis culture. Per the update, the investment is intended to facilitate Friendly Stranger’s aggressive cannabis retail expansion plans, including its goal of bringing multiple retail stores to the Canadian market. “VIVO is focused on expanding capacity and increasing production capability to help meet the growing demand for cannabis among recreational users,” Barry Fishman, CEO of VIVO, stated in the news release. “Friendly Stranger has been an iconic brand in the Canadian cannabis sector for more than 25 years and we believe trusted retailers are integral to showcasing our premium family of brands, including Canna Farms, Fireside, and Lumina. We have actively sought strategic partnerships with retailers to establish strong relationships with existing and future leaders in the cannabis industry. We look forward to working with Friendly Stranger to advance their premium adult-use cannabis retail strategy in Ontario and throughout Canada.”

To view the full press release, visit http://nnw.fm/n9WJq

About VIVO Cannabis

VIVO, based in Napanee, Ontario, is recognized for trusted, premium cannabis products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology at its Canna Farms facility in Hope, B.C., and at its Vanluven facility in Napanee, Ontario. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical, Fireside, Canna Farms and Lumina. The Company is significantly expanding its production capacity and distribution channels; growing its domestic medical cannabis platform, including Harvest Medicine, its patient-centric, highly scalable network of specialty medical cannabis clinics and services; promoting production and cultivation innovation and pursuing partnership and product development opportunities; and actively focusing on growth in select international markets, including Germany and Australia. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VIVOCannabis.com

NOTE TO INVESTORS: The latest news and updates relating to VVCIF are available in the company’s newsroom at http://nnw.fm/VVCIF

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TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Celebrates Manufacturing, Distribution Permits as Latest California Cannabis Advances

June 20, 2019 11:04:08

TransCanna Holdings is working to establish 15 premium cannabis brands during the next two years in California, the world’s largest cannabis market
TransCanna’s wholly owned TCM Distribution subsidiary is celebrating the recent acquisition of temporary manufacturing and distribution permits while continuing to seek state permits and permanent licenses
The permits advance production efforts at TransCanna’s 10,000-square-foot satellite operation in Adelanto, California
The City of Adelanto recently reduced taxes on cannabis transportation, lab services, cultivation enterprises and dispensaries
TransCanna has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, which has just added to its product line with a Spicy Mango entry
TransCanna plans to centralize its statewide operations with a 196,000-square-foot self-contained facility in Modesto, California

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) has received manufacturing and distribution permits for its adult-use cannabis production satellite in Southern California, marking its latest step forward in building an industry empire within the world’s largest marketplace for the lifestyle culture plant.

TransCanna’s 10,000-square-foot facility in Adelanto, California, will serve as a distribution satellite for goods transported to the Southern California region from the company’s 196,000-square-foot cannabis-focused hub in…

NOTE TO INVESTORS: The latest news and updates relating to TCAN are available in the company’s newsroom at http://nnw.fm/TCAN

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VPR Brands LP (VPRB) Led by Seasoned Industry Professionals, Boasts Impressive Revenue Growth

June 20, 2019 10:35:32

VPRB’s CEO brings to the team 30 years of experience in sourcing, manufacturing, supply chain management, marketing, advertising and brand licensing
The company’s COO played a pivotal role in launching VPR Brands’ cannabis-based product division
VPR Brands has seen impressive quarterly results and is positioned as an up-and-coming player in the cannabis industry

VPR Brands LP (OTC: VPRB), an innovative technology holding company, has partnered with top international brands in an effort to rise to the top of the booming cannabis industry. The company’s assets include issued U.S. and Chinese patents for atomization-related products, including technology for medical marijuana vaporizers and electronic cigarette products and components.

The company currently boasts a strong portfolio of unique brands and is led by a team of seasoned industry professionals. CEO Kevin Frija has decades of experience in sourcing, manufacturing, supply chain management, marketing, advertising and…

NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://nnw.fm/VPRB

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NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Expands into Global Organic Hemp CBD Market

June 20, 2019 10:35:05

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, this morning announced the launch of its Global Strategic Hemp Division entering the company into the worldwide organic hemp CBD market. Initially, the division will work to support initiatives in Canada, Germany, Jamaica, Mexico, Poland and the U.S.A. It will utilize the company’s expertise in the European hemp CBD market to drive growth, development and the commercialization of new products across its network of global partners. In addition, the Global Strategic Hemp Division will offer considerable support to TGODF’s international partners by providing genetics, training on organic methods and standard operating procedures, as well as regulatory insights and other advisory support. “Our team has years of direct hands-on experience in the CBD space and we are excited to use this advantage to execute on a fast-moving market expansion strategy. CBD is a wellness product and has a natural fit with TGOD’s certified organic positioning and the large segment of consumers who are increasingly demanding natural and organic products. The time to act is now, and TGOD has the team, the infrastructure and the capital to establish a significant presence in this market,” TGODF CEO Brian Athaide stated in the news release.

To view the full press release, visit http://nnw.fm/b8VJx

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings is a publicly traded, premium, global, organic-cannabis company with operations focused on medical-cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic-hemp, CBD-oil operations in Canada and, through its wholly owned subsidiary HemPoland, distributes premium-hemp CBD oil in the European Union. The company grows high-quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe, consistent product. TGOD has a planned capacity of 219,000 kgs and is building 1,643,600 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca.

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://nnw.fm/TGODF

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SinglePoint Inc. (SING) Updates Revenue Forecast as Solar Contracts Exceed Expectations

June 20, 2019 09:58:04

Technology investment enterprise SinglePoint recently reported that its Direct Solar subsidiary recorded $1.7 million in solar installation contracts during a 30-day period, causing the company to ratchet up its revenue forecasts for the year
The company expects to see about $803,769 in gross revenue and $361,541 in net profit from the contracts
SinglePoint has also been focusing on the development of the hemp market, as hemp legalization in the United States has created a new pathway for agricultural profits
SinglePoint’s ‘Strategics’ program, in cooperation with a national distribution partner that has access to several large retail chains, is providing a pathway to store shelves for startups

Innovative technology investment enterprise SinglePoint Inc. (OTCQB: SING) is celebrating the success of its bet on solar power broker Direct Solar, a company that uses the Lending Tree model of connecting loan seekers to a variety of loan providers nationwide to allow them to effectively shop for a service that most closely fits their needs.

SinglePoint acquired Direct Solar in April with expectations that sales would exceed $8.2 million during the four quarters following closure of the…

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

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NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Sends First Quebec Shipment, Achieves National Reach with Products Distributed Coast to Coast

June 20, 2019 09:39:04

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) today announced completion of its first shipment of cannabis products to the province of Quebec, which follows purchase orders placed with the Société québécoise du cannabis (“SQDC”) and registration with the Autorité des Marchés Publics. According to the update, the company is now a national player in Canada’s legal adult use recreational cannabis marketplace, with products distributed to all ten of the country’s provinces. “We are pleased to now officially ship our products coast to coast,” Organigram CEO Greg Engel said in the news release. “Our national reach means brands such as Edison Cannabis Co. and Trailblazer are available across the country, offering a range of cannabis options for legal adult recreational cannabis consumers.”

To view the full press release, visit http://nnw.fm/Z6d5Y

About Organigram Holdings Inc.

Organigram Holdings Inc. is a NASDAQ Global Select and TSX Venture Exchange listed company whose wholly owned subsidiary, Organigram Inc., is a licensed producer of cannabis and cannabis-derived products in Canada. Organigram is focused on producing high quality, indoor-grown cannabis for patients and adult recreational consumers in Canada, as well as developing international business partnerships to extend the company’s global footprint. Organigram has also developed a portfolio of legal adult use recreational cannabis brands including The Edison Cannabis Company, Ankr Organics, Trailer Park Buds and Trailblazer. Organigram’s primary facility is located in Moncton, New Brunswick and the company is regulated by the Cannabis Act and the Cannabis Regulations (Canada). For more information, visit the company’s website at www.Organigram.ca.

NOTE TO INVESTORS: The latest news and updates relating to OGRMF are available in the company’s newsroom at http://nnw.fm/OGRMF

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NetworkNewsBreaks – Pacific Rim Cobalt Corp. (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) Announces Cyclops Project Test Pit Results Confirming Near Surface High-Grade Nickel/Cobalt Mineralization

June 20, 2019 09:38:07

Pacific Rim Cobalt (CSE: BOLT) (OTCQB: PCRCF) (XFRA: NXFE) today announced test pit results from ongoing exploration at its flagship Cyclops, nickel/cobalt development project in Indonesia. The test pits are part of a 2019 program to confirm historical results and provide mineralized material for process testing studies. According to the update, results from nine shallow test pits indicate high-grade nickel mineralization and significant elevated cobalt values from surface to shallow depths in iron rich limonite and transition zones and developed, continuous horizon between drill holes.

To view the full press release, visit http://nnw.fm/oD2yc

About Pacific Rim Cobalt Corp.

Pacific Rim Cobalt is a Canadian‐based exploration company focused on the acquisition and development of production grade nickel and cobalt deposits, key raw material inputs for the growing lithium‐ion battery industry. For more information, visit the company’s website at www.PacificRimCobalt.com.

NOTE TO INVESTORS: The latest news and updates relating to PCRCF are available in the company’s newsroom at http://nnw.fm/PCRCF

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NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Adds Strategic Appointments to Management Team

June 20, 2019 08:53:05

Full-scope, science-driven, premium cannabis cultivation and branding enterprise Green Hygienics Holdings (OTCQB: GRYN) today announced the appointment of four experienced professionals to its management team. Per the update, the appointments support GRYN’s strategy to advance its leadership in the rapidly growing cannabis industry. New management team members include: Bipin Patel BSc MSc PhD MBA and Kiarash Mirkia MD MBA FACS as advisory board members; Hamid Rowshan MD as chief development officer; and Paymon Omidi MD as business development officer.

To view the full press release, visit http://nnw.fm/b7lKP

About Green Hygienics Holdings Inc.

Green Hygienics Holdings is a full-scope premium cannabis company with more than 25 years of experience in agricultural science and innovation. Green Hygienics is establishing itself as a leader in the advancement of science-driven cannabis cultivation systems. The Company’s business model includes generating revenues from the cultivation and sales of premium grade cannabis products; developing and licensing valuable IP; creating trusted global consumer brands; and making strategic acquisitions. Its broader focus is on profitability and creating extraordinary value on behalf of Company shareholders. For more information, visit the company’s website at www.GreenHygienicsHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://nnw.fm/GRYN

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NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Schedules Release of Q4, FY 2019 Financial Results

June 20, 2019 08:51:19

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Wednesday announced that before markets open on Tuesday, July 16, 2019, the company will report its financial results for the fourth quarter and fiscal year ended March 31, 2019. Canopy Rivers’ audited consolidated financial statements, as well as management’s discussion and analysis, will be available on the company’s profile on SEDAR and in the investors section of the company’s website. Some preliminary financial information about CNPOF may also be included in Canopy Growth Corporation’s (TSX: WEED) (NYSE: CGC) financial results, which are scheduled to be released on June 20, 2019.

To view the full press release, visit http://nnw.fm/foB9k

About Canopy Rivers

Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers works collaboratively with Canopy Growth (TSX: WEED) (NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://nnw.fm/CNPOF

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Solid Profits Show Strength of Growing Cannabis Space

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June 20, 2019 08:00:31

CannabisNewsWire Editorial Coverage: The cannabis markets have already produced some amazing financial results, but all indications are the industry is only at the beginning of an impressive ascent.

Quarter-over-quarter sales growth is one of the indicators used to indicate upside potential. With that in mind, Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) (WLDFF Profile) revenues have increased 11 consecutive quarters, quarter on quarter, ever since the company started selling its hemp-based CBD products. Similar quarterly sales spikes and strategic acquisitions foreshadowed dramatic price increases in some of the largest names in the cannabis universe. Green Thumb Industries Inc. (CSE: GTII) (OTCQX: GTBIF) more than tripled its revenues from one year ago, both on a year-over-year and quarter-over-quarter basis, and Scotts Miracle-Gro Company (NYSE: SMG) announced company-wide sales increased 17% in its fiscal second quarter. Trulieve Cannabis Corp. (CSE: TRUL) (OTC: TCNNF) grew its first-quarter 2019 revenues by 192% year-over-year to $44.5 million while Acreage Holdings Inc.’s (CSE: ACRG) (OTCQX: ACRGF) first-quarter 2019 performance showed…

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Acquisitions, Licenses, Research Key in Consistent Cannabis Market Growth

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June 20, 2019 08:00:01

CannabisNewsWire Editorial Coverage: The cannabis sector continues its steady shift toward big business and big money, with much of growth based on acquisitions, agreements and consistent research.

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420 with CNW – Texas Governor Signs Bill to Expand Medical Marijuana Program

June 20, 2019 03:20:23

On Friday last week (June 14), Gov. Greg Abbott signed a bill that is focused on increasing the number of qualifying conditions for which patients can be licensed to use medical marijuana in the state.

House Bill 3703 gives doctors permission to recommend any patient who suffers from seizure disorders (intractable epilepsy, for example), spasticity, Parkinson’s, multiple sclerosis, autism and several other conditions to access medical marijuana whose THC content doesn’t exceed 0.5 percent from the dispensaries licensed by the state.

Joshua Raine, an Army veteran suffering from post-traumatic stress disorder, is one of the patients who pleaded with legislators to include PTSD among the qualifying conditions for which someone can use medical marijuana.

He told the lawmakers that he has lost more friends (who are veterans) to suicide induced by PTSD than the number of friends he lost during combat operations. He admitted that without medical marijuana, he too could have committed suicide.

Blake Novacek is another patient who is likely to benefit from the enactment of this law. He was attacked violently during a fraternity pledge and that attack caused him to develop seizures. In fact, while waiting to talk to legislators during the debate on the medical marijuana expansion bill, Novacek started convulsing violently as the gravity of his situation showed itself at the state Capitol.

His father (a former Dallas Cowboys player) and mother pleaded to be given a chance to access medical cannabis legally so that they can save the life of their son. In the past, cannabis has helped massively, they added.

Texas is one of the most conservative states in terms of marijuana policy reform. The marijuana program in this state is so restrictive that the only form of medical cannabis allowed is cannabis oil whose THC content is much lower than what advocates say is required for therapeutic purposes.

Nonetheless, advocates are glad that the state has taken this modest step to expand the list of qualifying conditions from the very narrow version which has existed since low-THC cannabis oil was legalized as a form of treatment. Activists hope that more incremental reforms will be enacted until Texas’ medical marijuana program is at par with programs in other states.

Many Texans keep wondering how companies like The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) handle the frustration of thinking that a major decision was made without paying ample attention to the scientific information available but instead unfounded fears took the day.

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420 with CNW – Canadian Companies Forced to Delay Launching “Cannabis 2.0” Products

June 19, 2019 15:20:32

The effects of the longstanding cannabis shortages in Canada are being felt far beyond the empty shelves in retail outlets. When recreational marijuana was legalized on October 17, 2018, a promise was made that marijuana edibles, vapes, CBD and beverages (so-called cannabis 2.0 products) would be available for purchase exactly one year later. Now the regulator has delayed the start of retail sales of those products citing a procedural requirement for the producers.

Health Canada, the regulator of the marijuana industry in Canada, held a briefing on Friday, June 14 in which the regulator informed the public that there would be a delay in rolling out the “cannabis 2.0” products for another two months.

Health Canada mentioned that while its rules would start being operational on October 17, it wouldn’t be possible for any edibles or other “2.0 products” to be sold until at least two months later. This is because the manufacturers of those products will start filing notices with the regulator of the products being brought to market and those manufacturers must then wait for a minimum of 60 days before starting to ship the products to the retail outlets.

It is believed that the 60-day window will allow the regulator to scrutinize those products and approve those which meet all the requirements in the law. In effect, retail sales will begin on Dec. 17 or thereafter.

The revenue generated from cannabis edibles and other second-generation marijuana products will not be reflected in the earnings of the fourth quarter (Q4) of this year. Instead, those figures will only become meaningful at the end of Q1 of 2020.

Canadian companies like Aurora Cannabis and Canopy Growth had been looking forward to launching the sale of these products because those products have performed excellently in the U.S. states which permit their sale.

These Canadian companies are therefore going to have no choice but to revise their revenue projections for Q4 of 2019 to reflect this delay to bring edibles, beverages and other “second-wave” marijuana products to the market.

On the other hand, marijuana companies shouldn’t be too concerned by the delay unless the cannabis 2.0 products were going to carry a bigger profit margin than the smokable flower which is chronically sold out at retail outlets.

Analysts are eager to know what marijuana industry players like VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) have to say about this latest announcement by Health Canada.

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NetworkNewsBreaks – Chicken Soup for the Soul Entertainment, Inc. (NASDAQ: CSSE) Names Two New Members to Board of Directors

June 19, 2019 14:25:18

Chicken Soup for the Soul Entertainment (NASDAQ: CSSE), a growing media company building online video on-demand (“VOD”) networks that provide video content for all screens, recently announced the appointment of Cosmo DeNicola and Martin Pompadur to the company’s board of directors, effective June 12th, 2019. In addition, Peter Dekom stepped down as a member of the board of directors to take a more active role in advising the company on various initiatives. “We are thrilled to have Cosmo and Marty join our board of directors,” Chicken Soup for the Soul Entertainment Chairman and CEO William J. Rouhana Jr. stated in the news release. “They are seasoned experts with impressive careers and bring with them extensive knowledge of finance, mergers, and acquisitions for media and other companies.”

To view the full press release, visit http://nnw.fm/15iLq

About Chicken Soup for the Soul Entertainment, Inc.

Chicken Soup for the Soul Entertainment is a growing media company building and acquiring streaming video-on-demand networks (“VOD”) that provide content for all screens. The company owns a majority stake in Crackle Plus, a joint venture with Sony Pictures Television, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Españolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces long and short-form content through its Chicken Soup for the Soul Originals division and through APlus.com. Chicken Soup for the Soul Entertainment is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name. For more information, visit the company’s website at www.CSSEntertainment.com.

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XLIVE Esports Summit to Bring Together Producers and Consumers in the Esports Ecosystem

June 19, 2019 13:53:55

Video games have come a long way since the release of Asteroids by Atari back in 1979. Four decades later, they represent a billion-dollar play, far bigger than the music and movie industries combined. Could this behemoth get even bigger? You bet. So, what’s pushing this growth? Well, esports, for one. If you want to find out how, register for the upcoming XLIVE Esports Summit (http://nnw.fm/uGr7Q), scheduled for June 25-27, 2019, at Hudson Loft in downtown Los Angeles. Hudson Loft is a photo, film and event space located in the South Park district of Los Angeles, just two blocks east of the Staples Center and LA Live.

With more people watching gaming content than HBO, Netflix, ESPN and Hulu combined (according to SuperData), esports are now a major sector and engine of growth in the video games industry (http://nnw.fm/awY2K). With esports, video games have entered the competitive arena, and that competitive spirit is fueling the industry. The results are in the numbers. In 2019, the global esports market is expected to reach $1.1 billion in revenue, with $897.2 million (82 percent) drawn from expanded media rights, advertising and sponsorship.

For two days, XLIVE Esports Summit will bring together the leading organizations and executives at the forefront of the esports industry. This group will offer insight into how professional sports teams, players and global brands are contributing to the esports ecosystem. XLIVE Esports Summit will aim to help attendees make sense of investment options, brand partnerships, talent development, risk factors, scalability, technology implementation and much more.

The expanding esports ecosystem offers opportunity for all aspiring gamesmen and go-getters. Apart from teams and players, it encompasses game publishers, tournament organizers, streaming platforms, the media and, of course, the fans who follow their favorites and the money.

The money is good. For example, prize proceeds distributed to League of Legends players, so far, total around $68 million, while, for Counter-Strike: Global Offensive, the figure is closer to $76 million. However, these numbers pale in comparison to the $180 million awarded to players of the esports scene’s top game, Dota 2.

XLIVE Esports Summit is scheduled to get rolling with a kickoff party on Tuesday, June 25, from 6:00 p.m. to 8:00 p.m., at the Ace Hotel Poolside. All in attendance will be treated to canapés and craft beer, as well as ample opportunities to meet and greet team owners, players, game developers, sponsors and others. For wrap-up and review, a closing reception at a WNBA game, presented by MGM Resorts International, will be hosted at the Staples Center on Thursday, June 27.

For more information, visit the event’s website at http://nnw.fm/uGr7Q

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Coinvention to Focus on Future of Mass-Market Blockchain Adoption

June 19, 2019 11:46:52

Coinvention events offer innovative and diverse speakers, keynotes, Q&A sessions, panel discussions, spotlight presentations and STO/ICO sessions
The conference is scheduled to kick off with a hackathon and a networking mixer
Early-bird special pricing, which includes full access to the hackathon, an event lunch, the after party and swag, is available through August 10

Coinvention will focus on the future of blockchain in the mass market. The conference agenda features 32 diverse speakers and four keynote presentations, as well as panels, Q&A sessions, spotlight presentations and STO/ICO sessions. Slated for September 21 at the Lowes Philadelphia Hotel in downtown Philadelphia, the event kicks off the night before with a free hackathon and networking mixer.

The theme of the conference is ‘The Future in Blockchain’…

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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Set to Flourish with Expanding Indoor Cannabis Production

June 19, 2019 11:16:46

The Green Organic Dutchman is building a name for itself as it works on production build-up from 2,000 kilograms of cannabis to 200,000 kilograms
The company has facilities in Canada and is making inroads in Europe and Mexico through pharmaceutical networks
In the United States, TGOD is finding access to the $20 billion functional beverage industry segment

The advent of indoor cultivation that’s suitable for the cannabis industry has changed the commercial production capacity of marijuana and medical-grade cannabis suppliers. While the cannabis plant seeks the sun during the height of summer then flowers as the season ebbs, indoor cultivation technologies are allowing producers to grow the plant with a sharply increasing lifestyle appeal during virtually any season of the year.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is making a name for itself as it pursues an upward scaling strategy of building enclosed facilities for cannabis growth, anticipating that its purpose-built enterprise will progress from about…

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://nnw.fm/TGODF

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NetworkNewsBreaks – Pressure BioSciences Inc.’s (PBIO) Ultra High Pressure HUB Platform Featured at World’s Largest Annual Food Science Conference

June 19, 2019 11:07:36

Pressure BioSciences (OTCQB: PBIO) today announced the featuring of its HUB platform of unique, ultra-high pressure instruments in three presentations at the world’s largest annual food science conference, the Institute of Food Technologists (“IFT”), held in New Orleans, Louisiana, earlier this month. According to the update, the presentations reported the use of PBIO’s HUB440 and HUB880 Explorer systems to advance understanding of the effects of high pressure processing (“HPP”) on serious food-borne pathogens in liquid food products and ground meat, as well as the decontamination of such pathogens. “The need for safer food is a world-wide concern. In recognition, the United Nations proclaimed June 7, 2019 as the first World Food Safety Day,” PBIO President and CEO Richard T. Schumacher said in the news release. “HPP currently plays an important role in food safety: although this unique process is barely 20 years old, it has nonetheless already grown into an estimated $20 billion market. By 2026, the projected market size of the high pressure processing food market could reach approximately $42 billion (Visiongain, 2016). We believe that presentations such as Dr. Fouladkhah’s at this year’s IFT Conference will help generate awareness of our new, powerful yet affordable bench-top HUB family of products in the food industry, government, military, and academic laboratory environment, and that this added exposure will result in an increased demand for our HUB equipment in this large and growing market.”

To view the full press release, visit http://nnw.fm/38SnJ

About Pressure BioSciences Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. The company’s products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). PBIO’s primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of its pressure-based technologies in the following areas: (1) the use of its recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics contract research services sector, and (2) the use of its recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies. For more information, visit the company’s website at www.PressureBiosciences.com.

NOTE TO INVESTORS: The latest news and updates relating to PBIO are available in the company’s newsroom at http://nnw.fm/PBIO

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NetworkNewsBreaks – Beliss Corp. (BLIS) Enters Sunken Treasure Business, to Become Treasure Wreck Recovery & Research Corp.

June 19, 2019 11:06:32

Beliss Corp. (OTC: BLIS) on Tuesday announced its entry into the historical shipwreck treasure recovery business and plans to change its name to Treasure Wreck Recovery & Research Corp. According to the update, the company has a preliminary agreement in place with a renowned pioneer in the shipwreck treasure business. Beliss Corp. will maintain its interest in gaming development while pursuing opportunities in the historical shipwreck arena to recover lost cargoes, including gold, silver and other valuable materials. The company will announce projects in the near future.

To view the full press release, visit http://nnw.fm/2Ma6J

About Beliss Corp.

Beliss Corp. is a Nevada Corporation based in St. Petersburg, Florida, with various shipwreck area agreements being pursued and entered into for the discovery and recovery of valuable historic shipwrecks in North America and the Caribbean. The company is also focused on the development of media opportunities along treasure themes. Treasure Wreck Recovery & Research Corp. is headquartered in St. Petersburg, FL. For more information, visit the company’s website at www.BelissCorp.com.

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Geyser Brands Inc. (TSX.V: GYSR) Developing, Marketing Leading Cannabis Products and Brands

June 19, 2019 10:32:36

Geyser Brands focuses on creating first-rate, cannabis-led health care products and brands
The company leverages a proprietary, all-natural NanoFusion nano-emulsion delivery system
Geyser is pursuing an acquisition of Solace Management Group Inc.

Geyser Brands Inc. (TSX.V: GYSR) is a foremost consumer health care company based in Vancouver, British Columbia. The company has an integrated production chain and formulation lab that develops unique products using hemp cannabidiol (CBD) for healthy lifestyle brands. Fundamentally, Geyser Brands builds and markets some of the leading cannabis products and brands in the world. Its proprietary nanotechnology formulations create products with superior bioavailability and efficacy. The company’s vision is to secure top positions in every market it enters (http://nnw.fm/3W8mP).

Geyser’s NanoFusion advanced delivery system rapidly and efficiently transports therapeutic agents directly to the bloodstream for maximum absorbency. NanoFusion provides premier bioavailability and…

NOTE TO INVESTORS: The latest news and updates relating to GYSR are available in the company’s newsroom at http://nnw.fm/GYSR

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NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Releases Virtual Tour of Asphalt Ridge Oil Sands Processing Facility

June 19, 2019 10:23:29

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an oil and gas industry technology innovator, today announced release of “Follow the Molecule,” a seven minute video produced by V6 Media that provides a virtual tour and operations of the company’s Asphalt Ridge oil sands processing. The video and animated diagrams provide an understanding of the company’s proprietary processes and detail the transformation of highly oil saturated feed ore recovered from the mining operation to heavy crude oil. “I am delighted to be able to show our investors the results of the Company’s efforts over the last two years. We believe we have achieved commercial operations, both in terms of plant run time and quality of the crude oil produced,” Petroteq CEO David Sealock stated in the news release. “The current maintenance program the Company is conducting is anticipated to get us in a position to consistently produce the grade of crude oil our customers expect and better implement production expansion in a timely and efficient manner.”

To view the full press release, visit http://nnw.fm/5FQrF

About Petroteq Energy Inc.

Petroteq is a fully integrated oil and gas company focused on the development and implementation of a new proprietary technology for oil extraction. The company has an environmentally safe and sustainable technology for the extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. Petroteq is engaged in the development and implementation of its patented environmentally friendly, heavy-oil processing and extraction technologies. The company’s proprietary process produces zero greenhouse gas and zero waste, and requires no high temperatures. Petroteq is currently focused on developing its oil-sands resources and expanding production capacity at its Asphalt Ridge heavy-oil extraction and processing facility located near Vernal, Utah. For more information, visit the company’s website at www.Petroteq.energy.

NOTE TO INVESTORS: The latest news and updates relating to PQEFF are available in the company’s newsroom at http://nnw.fm/PQEFF

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NetworkNewsBreaks – SinglePoint, Inc. (SING) and Direct Solar Announce New Service Areas, Teams to Drive Explosive Growth

June 19, 2019 10:22:04

Technology and investment company SinglePoint (OTCQB: SING) and Direct Solar today announced the official addition of three new service areas, with a fourth on the way. The company has added Tampa, Orlando and St. Louis, and will activate Miami in the near future, and has deployed teams in these areas to drive Direct Solar’s explosive growth. This follows Direct Solar’s signing contracts to deploy $1,709,460 in solar installs over the previous 30 days, expected to generate revenue of approximately $803,769 in gross and $361,541 in net. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a homerun but a grand slam in our eyes. These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales,” SING CEO Greg Lambrecht stated in the news release. “For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth.”

To view the full press release, visit http://nnw.fm/WcEc9

About SinglePoint, Inc.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

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NetworkNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests $10M in California-Based Plant Science Innovator ZeaKal

June 19, 2019 09:37:33

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced an investment and strategic collaboration with ZeaKal, Inc., a California-based plant science innovator with proprietary technologies that sustainably increase photosynthesis, improve plant yield and enhance nutritional profiles for a variety of agricultural crops. Canopy Rivers’ investment marks another significant corporate milestone for ZeaKal, following February’s announcement of its R&D collaboration with the agricultural science division of DowDuPont. “Our investment in ZeaKal, the fifth consecutive international transaction for Canopy Rivers, builds on our thesis of selecting globally scalable and innovative processes, products, and technologies from complementary industries, and applying them to the cannabis and hemp economy,” Canopy Rivers Director of Business Development Mary Dimou said in the news release. “Plant sciences is a mostly overlooked but absolutely critical segment of the cannabis and hemp value chain, and we are seeking to address this gap with this investment. ZeaKal’s technology has already realized success across a number of crops during field trials, and these are crops that have been commercialized for decades. The application of this innovative technology throughout the Canopy Rivers portfolio and the cannabis and hemp industry at large could be a game changer.”

To view the full press release, visit http://nnw.fm/4gDdL

About Canopy Rivers

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://nnw.fm/CNPOF

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NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Releases Positive PEA Results, Mineral Resource Upgrading of Southern Arkansas Lithium Brine Project

June 19, 2019 09:36:05

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) this morning announced results of a Preliminary Economic Assessment (“PEA”) of its 150,000 acre project located in the south-central region of Arkansas. According to the update, the PEA, prepared by Advisian, the consulting arm of WorleyParsons Canada Services Ltd., considers battery-quality lithium carbonate production through a phased build-out to a total 20,900 tonnes per annum (“tpa”) from the Lanxess Corp. contemplated joint venture (http://nnw.fm/gkI8J) at its three bromine processing plants. The PEA also includes existing mineral resource reclassification to an Indicated category. “We are delighted that we have been able, through close partnerships and access to large amounts of data, to bring our Lanxess project to the stage of successful completion of the PEA in such a short period of time,” Standard Lithium President and COO Dr. Andy Robinson said in the news release. “We were able to provide to Worley a huge amount of process testing and actual operational data from the current brine-processing plants in southern Arkansas, and as a result, we feel that we have produced a realistic view of the potential there, as well as a picture of the robustness of the project. We are progressing the deployment of the demonstration plant, and are scheduled to have it deployed to the project site in southern Arkansas in Q3 of this year. Real-world process optimisation from the demonstration plant, combined with the advanced nature of this PEA, mean that we are well positioned to release a robust feasibility study in early 2020.”

To view the full press release, visit http://nnw.fm/jYj2R

About Standard Lithium Ltd.

Standard Lithium is a specialty chemical company focused on unlocking the value of existing large-scale U.S.-based lithium-brine resources. The company believes new lithium production can be brought on stream rapidly by minimizing project risks at selection stage (resource, political, geographic, regulatory and permitting), and by leveraging advances in lithium extraction technologies and processes. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations utilizing the company’s proprietary selective extraction technology. The company is also pursuing the resource development of over 30,000 acres of separate brine leases located in southwestern Arkansas and approximately 45,000 acres of mineral leases located in the Mojave Desert in San Bernardino County, California. For more information, visit the company’s website at www.StandardLithium.com.

NOTE TO INVESTORS: The latest news and updates relating to STLHF are available in the company’s newsroom at http://nnw.fm/STLHF

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NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Inks Exclusive Marketing Agreement with Subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT)

June 19, 2019 08:45:56

Automotive technology innovator Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) today announced that it has signed a commercial agreement with Elbit Systems Land Ltd., a subsidiary of Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT), for exclusive marketing of its proprietary image processing software for the defense, paramilitary and homeland security markets. Elbit, a leading defense electronics company based in Israel, plans to integrate Foresight’s image processing software into its products, systems and solutions, and to market it internationally. The software will be implemented in wheeled military and security ground vehicles, including unmanned vehicles. Per the agreement, Foresight will sell the present version of its proprietary image processing software in the form of a software license and will provide support and maintenance services to Elbit for an additional fee. Elbit will hold exclusive rights to market and sell the image processing software in Israel for a set period of time and has agreed to issue minimum annual orders during this exclusivity period, with an initial purchase order of roughly $50,000 due following the execution of the agreement. Elbit will also hold exclusive rights to distribute the software globally for an initial period, as determined in the agreement. The exclusivity rights, both in Israel and globally, may be extended based on sales achievements.

“We are very excited to announce our cooperation with a leading global company like Elbit, which marks an important milestone for Foresight. This agreement validates the business approach we have taken over the last year, selling prototype systems and offering strategic partners the chance to experience our unique solution firsthand and integrate it into their vehicles,” Foresight CEO Haim Siboni stated in the news release. “Elbit is known for its rigorous testing and strict requirements. The QuadSight system was selected as Elbit’s technology of choice when compared to other competing technologies, further strengthening Foresight’s position as a technology leader for advanced automotive vision systems. Entering the new defense market will enable Foresight to extend and enhance its current product capabilities and will open new opportunities.”

To view the full press release, visit http://nnw.fm/6zWcX

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings, founded in 2015, is a technology company engaged in the design, development and commercialization of sensors systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both “in-line-of-sight” vision systems and “beyond-line-of-sight” cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company’s systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com.

NOTE TO INVESTORS: The latest news and updates relating to FRSX are available in the company’s newsroom at http://nnw.fm/FRSX

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Solid Profits Show Strength of Growing Cannabis Space

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June 19, 2019 08:00:08

CannabisNewsWire Editorial Coverage: The cannabis markets have already produced some amazing financial results, but all indications are the industry is only at the beginning of an impressive ascent.

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Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector

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June 19, 2019 08:00:04

CannabisNewsWire Editorial Coverage: The cannabis sector continues its steady shift toward big business, big money and a focus on the value add of immaterial assets.

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420 with CNW – Poll Shows Americans want CBD as an OTC Drug

June 19, 2019 03:20:04

A survey conducted by Gallup has found that the majority of Americans who are familiar with CBD (cannabidiol) want it available as an over-the-counter drug. The results of the survey were released on Friday last week (June 14).

The CBD craze traces its roots to the cannabis reform movement, and it gained momentum when the Farm Bill 2018 became law last year. This bill legalized industrial hemp and all its derivatives, including CBD.

The survey involving 1,017 participants was conducted over the phone in a bid to get insights into the widespread appeal of CBD. The interviews were conducted from May 15-30.

In all, 39 percent of the people polled revealed that they want to see CBD available as an OTC drug while 21 percent said CBD should be accessed using a doctor’s prescription. 36 percent of the people polled revealed that they weren’t familiar with this particular compound of hemp and marijuana plants.

When Gallup focused on those who were familiar with CBD and asked them whether CBD should be purchased as an OTC drug or as a prescription drug, 61 percent favored the OTC option while 33 percent preferred to see it as a prescription drug.

The participants in the poll were also asked to rate how familiar they were with CBD. 14 percent looked at themselves as “very familiar” with it, 33 percent felt they were “somewhat familiar”, 17 percent felt they were “not too familiar” while 36 percent confessed that they “weren’t familiar at all” with cannabidiol.

Gallup again narrowed its attention to only those who categorized themselves as very familiar with cannabidiol and asked them for their opinion about the medicinal value of CBD. 90 percent of this group believed that CBD had therapeutic benefits.

Of those who thought CBD had medicinal benefits, 33 percent said it had “a lot of benefits”, 45 percent felt CBD had “some benefits” and 14 percent thought cannabidiol had “a few benefits.” 3 percent were neutral on the matter while 4 percent said cannabidiol didn’t have any medical benefits.

Commenting about their findings, Gallup wrote that most Americans already believe that CBD has medicinal value even if research has been slow in proving or disproving many of the therapeutic benefits attributed to CBD. Gallup is convinced that the fraction of people who think CBD is medicinal is most likely to grow as more people get exposed to this non-psychoactive compound.

This possibility takes on a greater degree of certainty given that the FDA has already been convinced enough of CBD’s therapeutic benefits to the extent of approving a drug targeting rare forms of epilepsy.

The pressure on federal agencies like the FDA and Congress to pass laws legalizing CBD as a food supplement and other uses is therefore going to increase as the months go by.

Cannabis industry analysts are of the opinion that the Gallup findings didn’t catch industry players like Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) and Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) by surprise.

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420 with CNW – Congress to Consider Several Cannabis Amendments this Week

June 18, 2019 15:20:53

The House Rules Committee of Congress is set to hear almost a dozen amendments related to marijuana this week. This crucial committee will decide which of those amendments are cleared for a vote by the whole House. The amendments are being considered this week because those that pass will form part of the appropriations bill for funding sections of the federal government in the next fiscal year.

Rep. Tom McClintock (R-CA) and Earl Blumenauer (D-OR) have reintroduced an amendment intended to prevent the Department of Justice from using its budget to get in the way of states which have enacted their own marijuana laws. An existing spending rider only covers medical marijuana, but the proposed amendment takes this further and seeks to protect state-level recreational marijuana as well. This new amendment is similar to another which failed by just nine votes in 2015.

Another amendment before the committee was introduced by Rep. Stacy Plaskett (D-VI). This measure is intended to correct the inadvertent omission of the U.S. Virgin Islands from the list of states and territories whose medical marijuana programs are protected from Justice Department interference by a spending rider.

Rep. Blumenauer didn’t stop at the amendment he co-authored with McClintock. He also brought several other amendments on his own. One amendment seeks to bar the Department of Justice from interfering in the tribal medical marijuana programs even if the states in which those tribal communities are found haven’t enacted medical cannabis laws. Three other amendments filed by the legislator also protect tribal marijuana programs in various ways.

Two other amendments by Blumenauer touch on the Department of Veteran Affairs. One protects VA workers from being penalized for filing paperwork in compliance with state laws regarding medical marijuana. Another aims at protecting VA doctors from being penalized for any marijuana-related work they do in states where medical marijuana is legal.

The Rules Committee will also consider a measure tabled by Rep. Ocasio-Cortez (D-NY) seeking to divert $30 million from the funding allocated to the DEA. This money should go towards the Comprehensive Opioid Abuse Program. In this way, the DEA will fall in line with the current thinking that drug addiction is a public health concern rather than a crime.

Rep. Jerry McNerney (D-CA) has also tabled an amendment containing a spending proposal for the FDA to undertake a process through which CBD (cannabidiol) will become legal as an additive in food supplements and conventional foods.

It is interesting to note that many of the amendments seem to be geared at introducing marijuana policy reforms using the appropriations process. The success of the spending rider placed on the DOJ years ago appears to have provided an example that advocates want to use to initiate incremental changes to the existing marijuana policies.

Analysts wonder what major cannabis industry entities like Net Element Inc. (NASDAQ: NETE) and Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) think about this change in strategy.

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NetworkNewsBreaks – Imaging3, Inc. (IGNG) Announces Grapefruit’s Launch of Sugar Stoned Cannabis Infused Gummies Line into California

June 18, 2019 13:00:11

Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, on Monday announced that Grapefruit Boulevard Investments, Inc. will, on June 21, 2019, commence retail sales of its first brand of cannabis infused edible gummies in California under the trade name, Sugar Stoned(R). “We are proud to announce that Grapefruit is initiating retail sales of its cannabis infused gummy edibles throughout California under the Sugar Stoned trade name on or about June 21, 2019,” Imaging3’s new CEO, Bradley J. Yourist, stated in the news release. “Grapefruit will introduce eight Sugar Stoned options: Blue Raspberry, Cherry, Grape, Peach, Pineapple, Sour Apple, Strawberry and Watermelon. We chose to create eight different flavor infused gummies based on market demand after many consultations with cannabis retailers all over California. Retail cannabis product consumers will be able to enjoy our Sugar Stoned infused gummies with the knowledge that Grapefruit products have been tested and are certified to be pesticide and heavy metal free by a third party laboratory before being released at retail. Release of our first branded edible line positions Grapefruit well to become a premiere California manufacturer and distributor of multiple, varied high quality cannabis and CBD infused edible products. Moreover, given that Grapefruit owns and operates its own cannabis extraction laboratory in Desert Hot Springs which produces compliant THC distillate oil or ‘honey oil’ used in cannabis-infused products, Grapefruit will be able to exert control over the active ingredient as well as the those used in the delivery medium of all Grapefruit edibles and thereby ensure the overall quality and taste of all of Grapefruit’s edibles. Grapefruit is also in the process of preparing to introduce several unique cannabis infused offerings and a new line of THC and CBD vaporizer cartridges in the third quarter of 2019.”

To view the full press release, visit http://nnw.fm/2SUdS

About Imaging3, Inc.

Imaging3, Inc., founded in 1993, has developed a patented medical imaging technology, called the Dominion SmartScan(TM), that produces 3D X-ray images, effectively in real time. The SmartScan technology has the potential to allow healthcare professionals to perform diagnostic and therapeutic procedures more quickly and accurately, which may result in higher throughput for the clinicians and fewer safety risks for patients. Imaging3’s technology exposes patients to less harmful radiation than current equivalent imaging technologies such as CT scans. The company believes this will allow scans to be used in many settings where scanning is currently limited by concerns about radiation exposure. The technology also notably allows for reasonably convenient portability, easier installation and use-readiness, and a significantly reduced cost burden suitable for novel settings and for healthcare systems across varied global settings. Imaging3 plans to submit a 510(k) application to FDA during 2019 and or 2020 to gain marketing authorization for initial applications for the SmartScan technology. For more information, visit the company’s website at www.Imaging3.com.

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NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Welcomes Health Canada’s Final Regulations, Reiterates Expanded Product Strategy

June 18, 2019 12:50:30

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) today welcomed Health Canada’s final regulations for new cannabis products and reiterated its expanded product strategy. Per the update, Health Canada, on June 14, released amended cannabis regulations to license holders to permit the legal production and sale of three additional types of cannabis products, including cannabis edibles, extracts and topicals. The regulations support Supreme Cannabis’ expanded product strategy, as the company, under its brands, intends to create high-quality cannabis extracts, including vaping liquids, concentrates, oils and tinctures. “As we prepare to bring new products to market, we are pleased to see regulations that prioritize consumer safety and align with our focused and forward-looking approach,” Supreme Cannabis CEO Navdeep Dhaliwal said in the news release. “Over the last year, we have made diligent investments to prepare for the cannabis extracts market, which in some legal U.S. states, represents upwards of 35% of industry sales. Supreme Cannabis has positioned brands, secured partnerships and developed inputs to address this meaningful segment of the market and introduce high-quality cannabis products as early as possible.”

To view the full press release, visit http://nnw.fm/7EM5t

About Supreme Cannabis

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CryptoNewsBreaks – CryptoCurrencyWire to Provide “Live on the Scene” Coverage, Generate Far-Reaching Buzz of HODL Rally

June 18, 2019 12:48:48

Multifaceted financial news and publishing company of the InvestorBrandNetwork, CryptoCurrencyWire (“CCW”), today announced that it will serve as the official newswire, gold sponsor and media sponsor for the international HODL Rally, the world’s first blockchain networking supercar rally. The event is set to start with a spectacular cocktail meet and greet in London on June 29, further revving its way across eight of Europe’s most enchanting cities, crossing the finish line in Ibiza on July 8, 2019. “HODL Rally is a stunning opportunity to step into an action-packed series of events that meld the exciting potential of blockchain and crypto with new ideas and possibilities,” CCW Director of Communications Jonathan Keim said in the news release. “The CryptoCurrencyWire team will be part of the entire experience, providing ongoing coverage ‘live on the scene’ for all eight days of the rally. We’re also bringing a drone to provide a sky-high view of this amazing event that is certain to generate a far-reaching buzz as we promote the HODL Rally to a worldwide audience through syndicated articles, social media bursts and, of course, our own InvestorBrandNetwork-wrapped sponsor vehicle.”

To view the full press release, visit http://ccw.fm/lY9Xf

About HODL RALLY

HODL RALLY is the world’s first blockchain inspired supercar rally experience. The eight-day event combines blockchain conferences with parties, dinners, fashion shows, yacht parties, club takeovers and lots of supercars. Driving across Europe, the tour will hit eight cities in eight days and will wrap up with a VIP superyacht party in Ibiza. For more details, visit www.HODLRALLY.com

About CryptoCurrency Wire (“CCW”)

CryptoCurrency Wire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.

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The Wild West Crypto Show Catches Up with Cyber Security Pioneer John McAfee in the Bahamas

June 18, 2019 12:01:18

On Episode 64 of the Wild West Crypto Show – Living in Exile in the Bahamas – news on developments in the space continued to break at crypto speed. The show featured a segment devoted to cyber security pioneer John McAfee, who aims to be America’s next president.

McAfee rose to fame as the developer of the world’s first commercially successful antivirus software. In the years since, his campaign to become commander-in-chief in 2020 is not all he has launched; a cryptocurrency trading platform that…

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NetworkNewsBreaks – Geyser Brands Inc.’s (TSX.V: GYSR) Apothecary Botanicals Awarded Processing License

June 18, 2019 11:55:29

Geyser Brands (TSX.V: GYSR) today announced receipt of a coveted Health Canada Standard Processing License by its wholly owned Licensed Producer, 0957102 B.C. Ltd. dba Apothecary Botanicals. According to the update, the license will enable expansion of the company’s long term vision and commencement of the manufacturing of premier products, including tinctures and supplements. “This is a huge milestone for Geyser Brands and something that we have been working towards for many months,” GYSR CEO Andreas Thatcher said in the news release. “The license allows us to add value to existing consumer healthcare brands by providing them the platform to add CBD. It also reflects our business model to focus our Licensed Producer on delivering scale through manufacturing and distribution. I wish to congratulate the team at Apothecary Botanicals and Geyser for all the hard work in obtaining this license. We are moving forward full steam with our vision and there is plenty more to come in the future.”

To view the full press release, visit http://nnw.fm/zbV3J

About Geyser Brands Inc.

Geyser Brands builds health-based hemp CBD consumer products in the nutraceutical, cosmetics, food & beverage and pet sectors world-wide. R&D investment in NanoFusion, a proprietary all-natural nanotechnology, delivers topical, cream, beverages and baked goods, oil, and tincture formulations with superior bioavailability and water-solubility. Geyser Brands owns a Health-Canada approved Licensed Producer (“LP”) in Port Coquitlam, B.C. that holds cultivation and processing licenses and is anticipating its R&D and sales licenses. The company is exclusively focusing on leveraging these assets to provide the regulatory infrastructure for its global brands and distribution strategy, acquiring hemp- and plant-based brands and infusing them with new CBD product lines in jurisdictions where the therapeutic ingredient is legal. The company’s proprietary NanoFusion technology surrounds oils and solves for the insolubility of CBD. Geyser Brands will utilize both of its GM- licensed facilities in British Columbia for the manufacturing and distribution of its hemp and CBD-based products internationally. For more information, visit the company’s website at www.GeyserBrands.com.

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NetworkNewsBreaks – SinglePoint, Inc. (SING) on Route to Profitability in First 30 Days of Direct Solar Purchase

June 18, 2019 11:54:25

Technology and investment company SinglePoint (OTCQB: SING) today announced Direct Solar’s signing of contracts to deploy $1,709,460 in solar installs over the previous 30 days, with expected revenue of approximately $803,769 in gross and $361,541 in net. Per the update, these numbers put SinglePoint on a quick path to profitability from a cashflow standpoint, and management from both companies are excited to see Direct Solar’s continued growth through multiple avenues, including commercial. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a home run, but a grand slam in our eyes,” SinglePoint CEO Greg Lambrecht said in the news release. “These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales. For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth.”

To view the full press release, visit http://nnw.fm/MqEe2

About SinglePoint Inc.

SinglePoint is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING

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MustGrow Biologics Corp. Building Suite of Natural Biologic Agriculture Products to Protect Global Cannabis, Fruit & Vegetable Crops

June 18, 2019 11:42:28

MustGrow’s patented technology derived from mustard seed utilizes the plant’s natural defense mechanisms
The company’s first-generation granular technology may be fast-tracked for use in cannabis cultivation
Its second-generation liquid formulation may be fast-tracked for use in cannabis and fruit & vegetable cultivation
The economic impact of global crop losses due to parasitic nematodes is estimated at $100 billion per year

MustGrow Biologics Corp. is a private agricultural biotech company developing and commercializing specialized technology in the form of a natural biopesticide and bio-fertilizer that offers a much more palatable option for cannabis and fruit and vegetable growers that are unable to use synthetic pesticides and fertilizers. MustGrow’s novel, proprietary technology utilizes organic components refined from the mustard seed, leveraging the plant’s natural defense mechanism as a pre-plant/pot soil bio-fumigant/treatment to control soil-borne pests and diseases (http://nnw.fm/4RF4u).

The global fruit and vegetable market, along with the legal cannabis sector, is clearly ready for a proven product that certifies as an organic solution to an age-old problem for growers. Most plant-parasitic nematodes feed on the roots of plants, damaging the root system and…

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Endonovo Therapeutics Inc. (ENDV) Announces Nationwide Strategy as it Promotes Non-Drug Alternative to Opioid Addiction Crisis

June 18, 2019 10:56:59

Endonovo Therapeutics is developing bioelectronic devices that target patient pain, inflammation and wound recovery
The company intends to get its flagship SofPulse device into 600 hospitals within the next 18 months as part of its bid to reduce post-operative drug dependence
Drug dependence is regarded as a major contributor to a global opioid epidemic that has driven advocacy for less harmful pain drugs, increased governmental funding and new sentencing protocols for drug-related crimes
The U.S. government has spent $2.4 billion during the past two years on addiction intervention amid statistics showing pain-killer death totals in the tens of thousands each year

Worldwide concerns about pain relief medication-induced addictions and deaths have led to a variety of societal changes during recent years, most notably driving the multinational advocacy for medical marijuana (cannabis) as a potential palliative without the degree of harmful effects from prescription and illegal narcotics, while also spawning increasing calls for governmental funding to fight addiction and change the judicial system’s approach to drug-related crimes. Amid some concerns about how private industry and governmental agencies are responding to the opioid epidemic/pandemic, Endonovo Therapeutics Inc. (OTCQB: ENDV) is advancing novel bioelectronic device solutions that are non-invasive and sidestep the drug issues entirely.

Endonovo Therapeutics is a commercial-stage developer of medical implements designed to provide proprietary, patent-protected electroceutical therapy for treating patient pain, inflammatory conditions, cardiovascular diseases and…

NOTE TO INVESTORS: The latest news and updates relating to ENDV are available in the company’s newsroom at http://nnw.fm/ENDV

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NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner Announce Start of Commercial Planting at Scio, Oregon Hemp Farm

June 18, 2019 10:47:33

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA), together with joint venture partner Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), this morning announced the start of commercial planting at its Scio, Oregon hemp farm. Per the update, the farm, operating under the name Covered Bridge Acres Ltd. (“CBA”), has prepared the 35-acre property for planting and is now in the process of laying the last of the mulch and drip line and obtaining organic certification. This year’s hemp plants were produced from either sprouted seed or through CBA’s onsite cloning operation, and have higher quality and more stable genetics than those planted last year. The team expects to plant 40,000 to 50,000 plantlets this year, with a range of 12 percent to 15 percent CBD content.

To view the full press release, visit http://nnw.fm/tkpV4

About Marijuana Company of America Inc.

MCOA participates in: (1) product research and development of legal hemp-based consumer products under the brand name hempSMART, which targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) leasing of real property to separate business entities engaged in the growth and sale of cannabis in those states and jurisdictions where cannabis has been legalized and properly regulated for medicinal and recreational use; and (4) the expansion of its business into ancillary areas of the legalized cannabis and hemp industry as the legalized markets and opportunities in this segment mature and develop. For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.com.

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NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Lands Additional Major Supermarket Chain, Expects to Hit Shelves of 250+ Stores in September

June 18, 2019 10:46:35

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, today announced that another major supermarket chain has agreed to carry Nightfood ice cream in all of its more than 250 locations. Per the update, Nightfood will not announce the name of its new retail partner until its award-winning ice cream is available in stores, with product expected to hit shelves in early September. “As we’ve mentioned in the past, most major chains have an annual timeline that has them reviewing new brands in the fall, and on shelf in the spring,” Nightfood CEO Sean Folkson said in the news release. “There are a few chains that review in the late winter and spring, and we’ve now landed two of those key targets in Lowe’s Foods and this new chain.”

To view the full press release, visit http://nnw.fm/Y3Tf0

About Nightfood Holdings

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Sugarmade Inc. (SGMD) Entering Hemp CBD Extraction Equipment Market with Chinese Technological Backup

June 18, 2019 10:16:36

The rising global popularity of cannabidiol as a wellness product is leading market forecasts of revenues up to $22 billion by 2022 and $50 billion or more by the end of the next decade
The market optimism is fueling hopes for ancillary market players as well, such as hydroponics equipment supplier Sugarmade Inc.
Sugarmade announced this month that it will enter the hemp CBD extraction equipment market, drawing on access to advanced Chinese extraction technologies

The health and wellness market sector for cannabidiol (CBD) products continues to grow at such a pace that analysts at the Brightfield Group predict that revenues could reach $22 billion per year by 2022 and, per various Wall Street estimates, approach $50 billion or even $75 billion by 2029-30, as noted in a media report carried by Nasdaq (http://nnw.fm/Lev70).

The potency of CBD’s sales estimates are encouraging to Sugarmade Inc. (OTCQB: SGMD), which announced this month that it is expanding on its hydroponics supply model for the agriculture industry to enter the hemp extraction equipment and…

NOTE TO INVESTORS: The latest news and updates relating to SGMD are available in the company’s newsroom at http://nnw.fm/SUGAR

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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Secures Cannabis Supply Agreement

June 18, 2019 09:51:09

The Green Organic Dutchman is a premium, international organic cannabis company
TGOD recently secured a cannabis supply agreement with Alberta Gaming, Liquor and Cannabis
The company has a partnership with the world’s second-largest power-management company

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) grows high-quality, organic cannabis with sustainable, all-natural principles. A premium global organic cannabis company headquartered in Mississauga, Ontario, TGOD focuses on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD’s products are laboratory tested to ensure that patients have access to a standardized, safe, consistent product. The company’s organic process involves transparent, sustainable steps and principles to produce certifiable quality.

TGOD has a planned capacity of 219,000 kg and is constructing 1.64 million square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. Additionally, TGOD has organic hemp, CBD oil operations in…

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://nnw.fm/TGODF

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NetworkNewsBreaks – VPR Brands LP (VPRB) Releases Voter’s Guide to 2020 U.S. Presidential Candidates on Cannabis Issues

June 18, 2019 09:45:23

Innovative technology holding company VPR Brands LP (OTC: VPRB) today announced the availability of its Voter’s Guide to 2020 U.S. Presidential Candidates on Cannabis Issues. According to the update, with candidates of the next U.S. presidential election taking controversial public positions on cannabis issues, VPR Brands has sponsored the guide to provide an in-depth look at each candidate’s stance on cannabis. “The time has come to elect a president who’ll establish a nationwide standard for cannabis as a legal substance, distributed through a regulated industry with access to capital markets, with pardons and reparations considered for those who found themselves ahead of the law,” VPR Brands CEO Kevin Frija said in the news release. “So I went about the task of educating myself about the various 2020 presidential candidates and their positions. I looked for a single point of reference that clarified each one’s stances and accomplishments in the cannabis space. I couldn’t find it. I don’t think it existed until today.”

To view the full press release, visit http://nnw.fm/Di8nY

About VPR Brands, LP

VPR Brands (VPRB) is a publicly traded technology company that holds U.S. and Chinese patents for atomization-related products including technology for medical marijuana vaporizers as well as e-cigarette products and components. Headquartered in Fort Lauderdale, Fla., the company also develops such vaping products as e-liquids, e-cigarettes and Vaporizers for use with Cannabis and CBD. For more information, visit the company’s website at www.VPRBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to VPRB are available in the company’s newsroom at http://nnw.fm/VPRB

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NetworkNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Enters Exclusive Agreement with Cannabis Innovator Feather Company Ltd.

June 18, 2019 09:44:14

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI) today announced its entry into an exclusive agreement with Feather Company Ltd., a cannabis innovator and lifestyle brand committed to the production of premium-quality products that enhance the cannabis experience for customers. Per the update, Organigram, through the Edison Cannabis Co. brand, has an exclusive license to Feather’s proprietary vaporizer pen technology and form factor, and the relationship will also allow Organigram to commercially represent Feather across Canada. “A successful recreational cannabis market requires that licensed producers and their partners continually reimagine the cannabis experience,” Organigram Senior Vice President, Marketing and Communications Ray Gracewood said in the news release. “It is critical for Organigram to find unique ways to offer customers the kind of value that will help differentiate our brands. The future is in providing unique opportunities for customers to explore the product.”

To view the full press release, visit http://nnw.fm/1vKrZ

About Organigram Holdings Inc.

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NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Receives Loan Commitment for $50M Senior Secured Credit Facilities

June 18, 2019 09:02:18

Canadian cannabis cultivation firm the Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Monday announced its receipt of a loan commitment from an ATB Financial (“ATB”) syndicate of lenders as lead arranger and administrative agent for up to $50,000,000 of committed senior secured credit facilities. According to the update, Flowr will be permitted to use a recapitalization term facility and a revolving operating credit facility for general working capital purposes, as well as a development facility for the development of its Kelowna 1 Facility, Kelowna 2 Facility and Flowr Forest. The ATB Credit Facilities will have a maturity day of three years, provide for an accordion of up to $50,000,000 and, under the terms, Flowr will be subject to certain financial, positive and negative covenants. The applicable margins are based on certain performance-pricing grids, ranging from 250 bps to 325 bps for bank acceptances and letters of credit, 125 bps to 200 bps for prime loans, and certain standby fees.

To view the full press release, visit http://nnw.fm/9ksfP

About the Flowr Corporation

Flowr, through its subsidiaries, holds a cannabis production and sales license granted by Health Canada. With a head office in Toronto and a production facility in Kelowna, British Columbia, Flowr builds and operates large-scale, GMP-designed cultivation facilities utilizing its own growing systems. Flowr’s investment in research and development along with its sense of craftsmanship and spirit of innovation is expected to enable the company to provide premium-quality cannabis that appeals to the adult-use recreational market and addresses specific patient needs in the medicinal market. For more information, visit the company’s website at www.Flowr.ca.

NOTE TO INVESTORS: The latest news and updates relating to FLWPF are available in the company’s newsroom at http://nnw.fm/FLWPF

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NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Hires General Manager for Stanislaus County Cannabis Facility

June 18, 2019 09:01:08

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that it has hired Alan R. Applonie as general manager of its recently acquired 196,000-square-foot vertically integrated cannabis-focused facility in Stanislaus County, CA. Applonie will be responsible for all activities in the manufacturing operations of the facility, as well as other facilities and operations TransCanna may acquire in the area. “I’ve spent over six months interviewing for top-tier talent to oversee our operations and I firmly believe Alan is that person. Alan’s most recent position was for a multi-billion-dollar enterprise in which his division regularly produced greater than $300 million in annual revenues. He has decades of experience growing national brands and managing all aspects of supply chain and operations for CPG products. He has a deep and extensive understanding of manufacturing and processes, and is extremely results driven. We have no doubt he will add significant value to the TransCanna family of brands,” TransCanna CEO Jim Pakulis stated in the news release.

To view the full press release, visit http://nnw.fm/Xb1sV

About TransCanna Holdings Inc.

TransCanna Holdings is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly owned California subsidiaries, to a range of industries including the cannabis marketplace. For more information, visit the company’s website at www.TransCanna.com.

NOTE TO INVESTORS: The latest news and updates relating to TCAN are available in the company’s newsroom at http://nnw.fm/TCAN

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Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector

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June 18, 2019 08:00:48

CannabisNewsWire Editorial Coverage: The cannabis sector continues its steady shift toward big business, big money and a focus on the value add of immaterial assets.

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Searching for the Next Super Nova

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June 18, 2019 08:00:46

CannabisNewsWire Editorial Coverage: Skepticism has been squashed and all apprehension eliminated. There’s no longer any question about either the viability or the profitability of the newly respected cannabis sector. Huge money has already been made in the nascent industry, and the only real question left is: where’s the next super nova?

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420 with CNW – Maine Relaxes Residency Requirements for Recreational Marijuana Companies

June 18, 2019 03:20:25

The Veterans and Legal Affairs Committee of Maine’s Assembly has voted 7-2 approving the draft rules for the legalization of recreational marijuana in the state. The approved rules relax the residency requirements included with the purpose of keeping out-of-state companies from moving in and controlling the recreational market at the expense of local companies.

The committee removed language that limited out-of-state players from having majority stake in recreational marijuana companies which operate within Maine. In its place, the committee left a provision to the effect that Mainers who have resided in the state for at least four years will have 51 percent ownership of any company to be licensed to conduct business in the recreational marijuana arena. This means that the local ownership can be several individuals or entities as long as their combined stake adds up to 51 percent in the company.

Erik Gundersen, the head of the Office of Marijuana Policy, said his office wants to see the tools which will make it possible for the letter and the spirit of the law to be implemented. He added that the law should be made by Mainers, within Maine and for the benefit of Mainers.

The Maine Office of Marijuana Policy was instrumental in including language which specifically sought to lock out large corporations from using out-of-state management contracts to dominate the local recreational cannabis market in the fashion of what is happening in Massachusetts and even in the medical marijuana program of Maine.

However, not everyone was thrilled with that proposal to lock out out-of-state companies. Some people said that the provision would be counterproductive because it would hurt the interests of Mainers in the long run since the capital and technical expertise of out-of-state operators was needed to kick-start the recreational marijuana industry. They cited the example of manufacturing equipment which costs millions and would be out of reach for most local investors.

Wellness Connection of Maine, the biggest medical marijuana company in the state, had even threatened to sue the regulator if the original text of the bill was retained in the final language of the law. The company felt that the provision about out-of-state companies was targeting it since it has complex management contracts with out-of-state operators.

The time at which marijuana companies should close their doors also generated a lot of debate in the committee. The original bill stipulated that retail outlets should close at 9pm, but this was changed to 10pm to avoid sending people to black market players. Law enforcement agencies had pushed for the 9pm closing time.

The committee decided that local authorities shouldn’t have the right to set their own operating hours for cannabis businesses. However, cannabis businesses could apply to open for extended hours and the regulator would consider their request on a case-by-case basis.

Now that the bill has been cleared by the committee, advocates hope that the entire House will vote on it before the legislative session ends on June 19.

Marijuana industry analysts hope that the cannabis industry, including players like Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and VPR Brands LP (OTC: VPRB), will be happy that a robust debate was conducted and the strongest arguments won the day during the committee session.

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420 with CNW – New York Legislators Could Vote on Cannabis Legalization This Week

June 17, 2019 16:20:48

As the countdown to the end of this legislative session in New York State enters the final stages, plans to legalize recreational marijuana have been revived with the possibility of a vote on the matter this week.

While momentum to get recreational weed legal appeared to fade once lawmakers in New Jersey announced that they were giving up on trying to use legislative means to end prohibition, advocates in the Empire State are brimming with optimism that lawmakers may have reached a deal and the bill will pass.

Democrats in both the Assembly and Senate held conferences last week in a bid to discuss the fine print of the legislation. Sources close to those who attended these meetings reported that the conferences went well and that the bill may have enough support to sail through.

On Saturday last week, the staff of the legislative leaders in Senate and the Assembly met those from Gov. Cuomo’s office to talk about the final language of the bill which will be put before lawmakers within the last days of the legislative session.

Earlier on Wednesday last week, the senate version of the legalization bill was given the “same as” status indicating that its language was identical to the language of the version in the Assembly. This is an indicator that both chambers agreed on the wording of the bill, and that is an early indicator of possible success when a vote is called.

The speaker of the Assembly, Carl Heastie (D), revealed on Friday that the Democrats hadn’t yet decided on whether to bring the matter to the floor of the House but added that the bill had support among the Democratic members of the chamber. Despite the optimism, analysts think that the bill is still short by two votes in the state Senate.

Sensing that the bill may soon be up for a vote, key state officials have been urging legislators and the governor to include a given list of provisions in the final text of the bill.

Letitia James (D), the State Attorney General wrote that the bill should include provisions to expunge all previous convictions for non-violent marijuana crimes.

NYC Mayor Bill de Blasio (D) also pushed for expungement and added that the bill legalizing recreational marijuana should aim at empowering local businesses rather than big corporations.

The district attorneys of Albany County and Manhattan jointly wrote an op-ed urging lawmakers to end what they called “staggering inequities” and also promote public safety by enacting the bill to legalize recreational marijuana.

The legislative session will end on Wednesday, so lawmakers have a narrow window within which to schedule a vote in both chambers.

Industry watchers have been wondering whether marijuana industry players like SinglePoint Inc. (OTCQB: SING) and Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (FRA: O3X4) experience as much tension when a major decision is due as what the people of New York State are experiencing in these final days of the legislative session.

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NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Anticipates Completion of Brantford Facility Build-Out

June 17, 2019 14:36:39

City View Green Holdings (CSE: CVGR), formerly Icon Exploration Inc., is a vertically integrated, seed-to-sale cannabis company that intends to grow high-quality cannabis and produce extracts. Presently, CVGR is making progress to wrap up its Brantford, Ontario, facility in the coming months and anticipates receiving a license from Heath Canada permitting it to turn building into an operational cannabis grow-and-extraction facility. An article discussing the company reads, “In a news release, CVGR CEO Ian MacDonald said, ‘Our build-out at the Brantford facility will be completed in the coming months, and we are confident our license will be granted shortly thereafter, so we can begin operations and provide the finest flower and oils in the cannabis industry.’ . . . CVGR anticipates closing soon on its LOI for completion of a sale-leaseback of the Brantford facility. The company would exercise its option to purchase the Brantford property, then transfer that option to a financier. CVGR would then enter a five-year lease with a five-year renewable term. The company would have the right of first refusal to purchase the facility and property if the new owner decides to sell.”

To view the full article, visit http://nnw.fm/yDQ22

About City View Green Holdings Inc.

City View Green has been structured to be a vertically integrated cannabis company focused on seed to retail. Upon receipt of its Cannabis Act license, City View Green will incorporate growing, extraction, production and retail at its Brantford, Ontario, facility. It is the company’s intention that City View Green will grow exceptional quality cannabis and produce high-quality extracts. Once legalized, City View Green expects to produce high-quality edible products, distillates and water-soluble products for the beverage market. In addition, City View Green owns a 19.9% stake in Budd Hutt Inc., a retail-focused cannabis company with access to licenses in Alberta and other retail opportunities across Canada. The company expects that Budd Hutt Inc. will secure shelf space and distribution opportunities for City View Green’s products. City View’s future is green. Follow the green. For more information, visit the company’s website at www.CityViewGreen.ca.

NOTE TO INVESTORS: The latest news and updates relating to CVGR are available in the company’s newsroom at http://nnw.fm/CVGR

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NetworkNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Subsidiary Secures Supply Contract with Magu Maiden Farms LLC

June 17, 2019 14:05:06

Youngevity International Inc. (NASDAQ: YGYI), a leading multi-channel lifestyle company, this morning announced that its wholly owned subsidiary, Khrysos Industries Inc., has entered into a five-year supply contract with Magu Maiden Farms LLC. Per the update, the contract calls for Khrysos to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate and water-soluble distillate hemp derived products. Khrysos expects production related to this agreement to begin in the fourth quarter of 2019, with annual revenue potential forecast at $12 million, based on current market conditions. “We are excited to add this new long-term contract to our portfolio,” Dwayne Dundore PhD, president of Khrysos, stated in the news release. “We have strategically targeted multiple long-term relationships that we believe place Khrysos in a stronger position to leverage the expansion taking place within the post processing area of our business.”

To view the full press release, visit http://nnw.fm/9QhB6

About Youngevity International Inc.

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B. Riley FBR Consumer & Media Conference to Shine Spotlight on Select Small- and Mid-Cap Companies

June 17, 2019 10:41:21

The end of summer often represents a beginning for the investment world. In particular, the Annual B. Riley FBR Consumer & Media Conference will be shining the spotlight on a set of select small- and mid-cap companies.

On October 3, 2019, the invitation-only conference will offer companies in the consumer and media space an opportunity to present to qualified institutional investors through presentations, fireside chats and…

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Willow Biosciences Inc. (CSE: WLLW) Enters Agreement with Noramco Inc. for Biosynthesis Platform

June 17, 2019 10:26:03

Willow has entered a joint development agreement with Noramco Inc. that includes a plan to develop a yeast-based biosynthesis platform to produce low-cost CBD for the pharmaceutical, food, beverage and personal care markets
The agreement has the potential to open the door to new and larger markets for CBD and related compounds
Terms of the agreement call for the parties to cover their own costs, retain their own intellectual property (IP) and share equally in gross profits

Willow Biosciences Inc. (CSE: WLLW) has entered a joint development agreement (“JDA”) with Noramco Inc. to develop a biosynthesis platform for the production of CBD (http://nnw.fm/8YcLU). The result could be far-reaching, developing low-cost, ultra-pure CBD products for pharmaceutical, food, beverage and personal care consumers. The work has the potential to provide access to new and larger markets for CBD and related compounds.

The JDA requires each company to cover its own costs, retain its own intellectual property associated with its own scopes of work and share equally in the gross profits from sales of CBD produced under…

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Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Offers Secured Loan for Option to Buy Cannabis Oil Manufacturer