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April 4, 2019 09:50:59

Conference call and webcast set to begin at 5 p.m. ET on Thursday, April 4
A Q&A session will follow the event, providing a more in-depth analysis of the results
A replay of the call will be available for two weeks, while the webcast will be uploaded to the company’s website

Canadian licensed producer of premium cannabis products The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) is releasing its fourth quarter 2018 results on Thursday, April 4, 2019, as the company announced in a press release (http://nnw.fm/D4t4J). The results will be released via a conference call and webcast after the close of the financial markets.

The conference call and webcast, set to begin at 5 p.m. Eastern Time, will review the company’s Q4 results in depth and will be followed by a question-and-answer session for…

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

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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NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Announces New Trading Symbol to Coincide with Recent Name Change and International Growth Strategy

April 4, 2019 09:11:44

Diversified holding company Sharing Services Global Corporation (SHRG) this morning announced the Financial Industry Regulatory Authority’s (“FINRA”) approval of a change in its ticker symbol to “SHRG,” effective at the opening of trading on April 4, 2019. The new symbol better reflects the company’s international growth strategy and coincides with its recent name change to Sharing Services Global Corporation (formerly Sharing Services Inc.). In addition, new CUSIP number 819536103 was assigned to the company’s common stock in connection with the name and symbol change. “We are pleased to have our trading symbol changed to better reflect our new name, which more closely aligns with our mission to expand globally,” Sharing Services CEO John “JT” Thatch said in the news release. “Since our launch into the marketplace almost a year ago, product sales for our incredible health and wellness division of Elevacity Global have dramatically increased and continue to grow. Our third-quarter results represent yet another significant milestone as we exceed our goals at a record-breaking pace and execute our mission to change the direct-selling industry with best-in-class products and services under our unique ‘Blue Ocean Strategy.’”

To view the full press releases, visit http://nnw.fm/uN2Tb

About Sharing Services Global Corporation

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a diversified holding company that is a publicly traded dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct selling industry. SHRG and its subsidiaries have built a diversified portfolio in the direct selling industry. SHRG owns, operates or controls an interest in a variety of companies specializing in the direct selling industry and is reshaping how modern entrepreneurs succeed in a new and vibrant world market. The Sharing Services’ combined platform leverages capabilities and expertise of various companies that either sell products direct to the consumer through independent representatives or offer services that range from travel benefits to health and wellness, energy, technology, insurance services, training and media. Most importantly, a commitment to conduct business with a high level of integrity, respect, and dedication which allows the organization to make a difference in the lives of their representatives, customers, employees, investors and global community. Two of its primary divisions include Elevacity Global, LLC and Elepreneur, LLC. For more information, visit 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

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks 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, 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. NNW 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, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Launches Mango CBD Relief Product Containing 90mg CBD and 10mg THC

April 4, 2019 09:05:06

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced the launch of its newest “Mango CBD Relief” product, which, in each gummy, contains 4.5MG of CBD and .5MG of THC. The new product is already available at some of the more than 250 California retailers that carry the PLUS product line. “Mango CBD Relief is a reimagining of what it means to deliver a high quality CBD experience. As one of the leading brands in California, the largest cannabis market in the world, PLUS is in a unique position to test products at scale,” PLUS CEO Jake Heimark said in the news release. “We leverage our brand position to work directly with customers who love our products and develop new products based on their feedback. With their help, we found that the inclusion of a small amount of THC and other balancing compounds in our CBD Relief product led to a consistently better consumer experience.”

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

About Plus Products Inc.

Plus Products creates safe and delicious cannabis food products. PLUS’s mission is to make cannabis safe and approachable – that starts with high-quality products that deliver consistent experiences. The gummies are manufactured at PLUS’s own factory in Adelanto, CA, where dosage is tested twice internally and then tested twice again by an independent lab. PLUS is headquartered in San Mateo, California, with 60 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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420 with CNW – Demand for Medical Cannabis Skyrockets on Rhode Island

April 4, 2019 03:20:48

As legislators on Rhode Island are thinking about legalizing recreational cannabis, the data on medical cannabis sales shows that the volume of products sold is setting state records year by year.

Currently, the state has three licensed dispensaries selling medical cannabis products. These dispensaries are on course to sell medical cannabis products worth about $56 million during the 2019 fiscal year.

If that target is hit, it will mark a 46.6 percent increase from the total sales of the previous fiscal year (2018). Medical cannabis sales for 2018 were also approximately 33.3 percent higher than what was registered in 2017.

As you can see, the medical cannabis industry on Rhode Island seems to be growing at an unstoppable pace year by year.

Rhode Island has a fairly short list of medical cannabis qualifying conditions when compared to other states where similar programs exist. However, the definition of those conditions is broad and it allows anyone with the symptoms of the listed conditions to access medical cannabis.

The state has about 18, 200 patients who are active on the medical marijuana program. Active patients are those who regularly buy medical cannabis products from the licensed dispensaries.

The uptick in medical cannabis sales has given the state a much-needed boost to its revenue. For example, the state earned $2.75 million as taxes on various aspects of the medical cannabis industry.

In this fiscal year, the state expects to earn almost double what it earned during the last fiscal year. Projections indicate that the state will collect about $5.4 million in taxes from the medical cannabis industry.

In the meantime, there are proposals to legalize recreational cannabis and also expand the medical cannabis sector. One of the proposals seeks to increase the number of dispensaries to nine.

Previous attempts to increase the number of dispensaries have been successfully resisted by the existing three dispensaries who argued that bringing in more players would hurt their businesses and result in possible closures.

However, those who want more dispensaries to be licensed argue that patients aren’t having sufficient access to dispensaries since the existing ones aren’t equally spread out across the state. Additionally, the lack of robust competition in the medical cannabis sector has denied patients competitive prices and access to a broader variety of products.

Advocates are therefore asking regulators to give priority to dispensaries that wish to operate in areas where none currently exists, and new operators should be brought on board before the existing ones are allowed to open additional compassion centers (medical cannabis dispensaries).

These reforms seem reasonable enough, and the regulators would be well advised to act upon the suggestions made. Cannabis Strategic Ventures, Inc. (OTC: NUGS) and Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) hope that the state will act on the proposed reforms so that patients can have easier access a wider variety of products at competitive prices.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Cuomo Insists Recreational Weed Will Be Legal By June

April 3, 2019 15:20:03

When the $17 billion state budget was adopted without marijuana policy reflected in it, cannabis advocates were crestfallen because they realized that their dream of seeing marijuana legal for adult-use had just taken a major hit. However, Governor Andrew Cuomo has vowed that he will do everything possible to pass the law by June when the legislative session ends.

The Governor said that the problem wasn’t the lack of political will to pass the law. Rather, there were differing opinions regarding the way in which legalization would be implemented in the state.

Because of those differing views on implementation, it wasn’t possible to reach an agreement on the matter while getting a budget ready for adoption. Now that the budget is out of the way, Cuomo feels that his full attention can now be devoted to hammering out the details of how recreational cannabis will be taxed, regulated and social justice attained.

Many lawmakers aren’t as optimistic as the Governor regarding the chances of the bill now that it isn’t included in the budget. For example, State Sen. Diane Savino points to what happened in neighboring New Jersey where marijuana advocates thought they had a done deal but voting on the legalization bill was cancelled due to fears that not enough “yes” votes had been secured in the State Senate.

That sobering example from New Jersey shows how tough things could get in New York State now that marijuana policy wasn’t included in the state budget.

It should also be remembered that out of the 10 states and Washington, D.C. that have legalized recreational pot, only one did so by legislative means. All the other states relied on ballot measures or referenda to legalize recreational cannabis.

This statistic shows that the general populace is always ahead of the lawmakers who have the responsibility to make decisions on behalf of the people that they represent.

It is therefore going to be a great deal harder for a majority of the lawmakers in New York State to pass a standalone marijuana legalization bill.

Already, there was intense opposition even while there was a chance that marijuana legalization would be included in the state budget. For example, the leaders in two of the New York suburbs with the largest population have already indicated that the sale of recreational cannabis will not be allowed in those jurisdictions.

TransCanna Holdings Inc. (CSE: TCAN) and Vivo Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) hope that the lawmakers can put aside their political differences and put the interests of New Yorkers first when discussing the way forward on marijuana legalization.

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NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Plans to Purchase Ranch as Potential Cultivation Site

April 3, 2019 14:14:50

Full-scope, premium-cannabis company Green Hygienics Holdings (OTCQB: GRYN) recently announced that it has opened escrow for the purchase of a ranch property near San Diego that consists of more than 824 acres of flat, native grassland pasture. A recent article discussing the company reads, “The company’s announcement about the potential for a cultivation site in Southern California heralds a major step toward its goals. . . . ‘Given that there is the potential to harvest 1,200 to 1,500 pounds of hemp per acre, we can produce two crops per year, and the price of hemp is at an average of $50 per pound, this initiative has the potential to produce significant revenues for the company,’ vice president of business development Matt Dole stated in the news release announcing the planned purchase. ‘This will also provide a base of operations for several other equally exciting initiatives. We have been working on this property acquisition for a very long time and are excited about the possibilities it opens up for the company.’”

To view the full article, visit http://nnw.fm/jy3Jo

About Green Hygienics Holdings Inc.

Green Hygienics is a full-scope, premium-cannabis company targeting the high-end medical and adult-use recreational markets. 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 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. 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 – Earth Science Tech Inc. (ETST) Expands Distribution into Larger Markets

April 3, 2019 14:04:31

Earth Science Tech (OTCQB: ETST), an innovative biotechnology company, is expanding its market reach through distribution agreements that will make the company’s full-spectrum CBD available to additional dispensaries and health care practitioners. A recent article discussing the company reads, “ETST has reached agreements with CannaBiz and Desert Sun Distribution to sell its line to chiropractors, dispensaries, pharmacies, health care practitioners, athletic clubs and clinics in the United States, providing deeper reach into the market (http://nnw.fm/76CTl). In a news release, ETST chief sales officer David Burbash said, ‘We see tremendous synergy between our CBD line and the health care practitioner and pharmacy spaces.’ ETST is also increasing the size of its sales team.”

To view the full article, visit http://nnw.fm/tU9ie

About Earth Science Tech Inc.

Earth Science Tech offers the highest purity and quality high-grade, full-spectrum cannabinoid oil on the market. There have been studies through DV Biologics that prove the company’s CBD oil formulation lowers cortisol and functions as a neuro-protectant, 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 – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Hires Renowned Chef to Develop Edible Cannabis Products

April 3, 2019 14:02:14

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian cannabis cultivation firm, recently announced that it would be hiring Canadian chef Ryan Reed to assist in the development of signature edible cannabis products. The company plans to launch the gourmet edible cannabis products in the last quarter of 2019. A recent article discussing the company reads, “Ryan Reed is an Iron Chef and Chopped winner. He won the ‘Victoria Chef of the Year’ award in 2011. As part of the collaboration with Flowr, Reed will work with the company’s research and development team to create new, high-quality cannabis edibles. The products are expected to target premium clients, a market that is in line with Flowr’s brand philosophy. . . . The unique gourmet products are expected to be launched in the final quarter of 2019, following the anticipated legalization of edibles and infused products throughout Canada.”

To view the full article, visit http://nnw.fm/h0cjP

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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Earth Science Tech Inc.’s (ETST) Strategy of Targeting Pharmacies for Cannabidiol Products Dovetails with Analysis of CBD Market

April 3, 2019 11:36:35

Cowen sees CBD “gaining traction” with independent pharmacies, which find the high margins and differentiation from larger chains offered by CBD oils attractive
ETST is widening the market for its CBD products to pharmacies, dispensaries, health care practitioners and others under new distribution agreements
Report projects that the cannabis market will reach $16 billion by 2025 and cannabis-based products will reach 10 percent of U.S. adults

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is expanding its full-spectrum CBD product distribution to wider markets, including pharmacies. Cowen & Co. research finds that independent pharmacies like the high margins and differentiation from larger chains offered by CBD oils (http://nnw.fm/fD89D).

“CBD products appear to be gaining traction with independent pharmacies, many of whom are already selling or planning to sell CBD oils,” analyst Charles Rhyee wrote in the…

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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Sharing Services Global Corporation (SHRV) Makes Strategic Moves toward International Expansion

April 3, 2019 11:16:14

Company has achieved record-breaking growth, with sales revenues topping $64 million
SHRV benefits from a diversified platform
A strategic name change, in addition to the appointment of a multilingual chief marketing officer, sets the stage for international expansion

Sharing Services Global Corporation (OTCQB: SHRV), formerly known as Sharing Services Inc., has seen a record-breaking pace of growth. Success is credited to SHRV’s Elepreneurs and their ability to execute the company’s mission, which is to change the direct-selling industry with best in-class products and services. Elepreneurs are independent contractors who share Elevacity products and invite others to join them on the Elepreneur team. Since its product launches of December 2017, the company has reported sales revenues of more than $64 million (http://nnw.fm/d8VdV). Operating under two divisions, Elevacity Global LLC and Elepreneur LLC, SHRV owns significant stakes in a variety of companies within the direct-selling industry.

SHRV is working to change the direct-selling industry by focusing on mentorship and securing a vested interest in the success of several direct-selling businesses. The company takes a…

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

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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Partners with Valens GroWorks, Anticipates Early Market Entry

April 3, 2019 10:37:14

Multi-year extraction services agreement with Valens GroWorks Corp. expected to accelerate TGOD’s Canadian hemp strategy and market entry
TGOD is committed to producing premium, certified organic, consumer-preferred products
Production strategy calls for 80,000 kg of cultivation by end of 2019

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is moving quickly to take advantage of Canada’s nascent legal cannabis market, which is expected to include CBD-infused products by October 2019. TGOD’s recently announced entry into a multiyear extraction services contract with Valens GroWorks Corp. (CSE: VGW) (OTCQB: VGWCF) underscores the company’s focus on meeting a growing need to furnish high-quality, premium organic cannabis products to Canadian consumers, according to a news release (http://nnw.fm/MnI90).

“The ability to partner with skilled and specialized extraction operators such as Valens will add significant bench strength to TGOD’s already robust extraction capabilities in Canada, Poland and Jamaica,” Brian Athaide, director and CEO of TGOD, stated in a…

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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Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Adds Pure, Pure Plus Tinctures to CBD+ Wellness Line, Plans Expansion

April 3, 2019 10:12:58

Pure and Pure Plus tinctures are formulated with hemp-derived CBD, milk thistle and hemp seed oil to provide inflammation relief and support healthy liver and heart function
Hemp seed oil has been added to the new products for the optimal ratio of omega-3 and omega-6 fatty acids
WLDFF’s product expansion comes against a backdrop of British Columbia retailers scrambling for dominance in the cannabis space

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is expanding its CBD+ Wellness line with Pure and Pure Plus tinctures. Wildflower also recently announced that it is planning further additions to its CBD+ product line (http://nnw.fm/nRt7W).

The Pure and Pure Plus tinctures launch is part of WLDFF’s all-natural, plant-based alternatives for the daily wellness regimes of consumers. The tinctures combine the…

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

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Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Seeks Private Placement Financing to Advance Shymanivske Project

April 3, 2019 09:28:52

The offering’s maximum proceeds are expected to reach $1.5 million
The funds will be utilized to further construction at Shymanivske iron ore project, which is anticipated to begin just after year end
Black Iron is currently working to secure surface rights and reports solid progress

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN), a Canadian iron ore exploration and development company, recently announced plans to complete a non-brokered private placement financing of up to 25 million units of the company at a price of $0.06 per unit. The proceeds from the offering will be used to advance the Black Iron Shymanivske project, according to a company press release (http://nnw.fm/mVj7I).

The offering’s maximum proceeds are expected to reach $1.5 million. Each unit is to consist of one Black Iron common share and…

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

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NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Launches the First Annual 420 Shared Festival Event

April 3, 2019 09:16:22

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace, this morning announced the launch of its first annual 420 Shared Festival event. DVLP will be working from the Mile High 420 Festival in Denver, CO, and will connect with a wide network of other festivals, producing a virtual shared festival experience that will include broadcasts, prizes, and product samples. The company has already enlisted over a dozen separate festivals to partake in the shared festival event, resulting in a strong platform for fast-tracking its brand identity and market penetration. “Virtually every single organizer we have contacted has immediately jumped at the chance to join our event. And we have a long list of additional organizers to contact over the next three weeks. The scale of the event has grown since our initial conception. Not only will this serve as an extremely strong platform for brand awareness for our CBD franchise, but it will also give us a potent vehicle to further accelerate our Where’s Weed brand in the locator space,” DVLP CEO Stavros Triant stated in the news release.

To view the full press release, visit http://nnw.fm/QuA1r

About Golden Developing Solutions Inc.

Golden Developing Solutions is developing an online retail business for cannabidiol (CBD), hemp oil and health/wellness-related products. The Company is also developing a high-capacity, high-quality CBD extraction and production facility. In addition, through the website of its joint venture partner, Pura Vida Vitamins, as well as through wholesale and distribution channels, the Company offers a broad range of high-quality, price-competitive products, including traditional vitamins, supplements, and CBD-based tinctures, vapes and soft gels, among other products. Merchandise also includes hemp and CBD-related products and additional products focusing on health and lifestyle. For more information, visit the company’s websites at www.PuraVidaVitamins.com and www.WheresWeed.com.

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

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NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Closes Resource Acquisition

April 3, 2019 08:42:29

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) this morning announced the closing and issuance of 15,000,000 common shares to Momentum Asset Partners I, LLC, representing the equity section of the consideration payable to Momentum pursuant to the acquisition of 50% of the operating rights and interests relating to oil sands under U.S. federal oil and gas leases totaling roughly 8,480 gross acres in Utah. Petroteq also reported the closing of subscriptions for 1,730,263 common shares and warrants exercisable for 1,481,481 common shares for gross proceeds of $482,000. In addition, the company announced the execution of an agreement with an arm’s length supplier in which Petroteq has agreed to issue the supplier 700,000 common shares in consideration for its decision to not move forward with the purchase of certain pieces of used equipment as it made the decision to purchase new ‎equipment from a different supplier.‎ The issuance of these shares is subject to approval by the TSX Venture Exchange and will have a four-month hold period.

To view the full press release, visit http://nnw.fm/Ktqr9

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, 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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CBD Industry Set to Explode as New Products, Consumers Enter Market

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April 3, 2019 08:00:57

CannabisNewsWire Editorial Coverage: The U.S. Farm Bill that recently passed into law is a game-changer for the CBD space. While it is unknown when nationwide cannabis legalization may occur, incredible opportunities exist right now for CBD-focused companies that can deliver products to the marketplace.

Demand is growing for organic CBD products in markets where such products are legal.
Youngevity has made a series of strategic acquisitions to help establish the company’s position
Companies ready to deliver CBD products to market at scale are in ideal position to capitalize on growing demand.

Passage of the latest U.S. Farm Bill marked a watershed moment for CBD producers in the United States. Not only does the new body of law allow these producers to commercialize existing CBD products, the door is now open for a new generation of research into what CBD can do for consumers. Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is a leading producer of consumer-focused CBD products that is expanding its reach into other areas of the CBD supply chain. It joins companies such as CV Sciences Inc. (OTCQB: CVSI), Isodiol International Inc. (CSE: ISOL) (OTCQB: ISOLF), GW Pharmaceuticals plc (NASDAQ: GWPH) (OTC: GWPRF), and Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA), which are all working to commercialize CBD products in both…

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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.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, CNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

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Hemp Market Drives Hydroponics Growth

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April 3, 2019 08:00:41

CannabisNewsWire Editorial Coverage: A surge in hemp production means big business for hydroponic suppliers.

Hemp production set to massively increase in the United States this year.
Increased production driving high demand for hydroponic supplies.
Hydroponics companies are responding with expansion and acquisitions.

Sugarmade Inc. (OTC: SGMD) (SGMD Profile) has strategically acquired several companies to meet demand and expand its foothold. Canadian-based Tilray Inc. (NASDAQ: TLRY) has expanded production in both Canada and Europe while Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) is developing projects in the United States, and Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received massive outside investment to fuel its growth. Companies such as Aphria (NYSE: APHA) (TSX: APHA) are enlarging their indoor grow operations as…

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420 with CNW – Ontario Marijuana Stores Open as Fines Loom

April 3, 2019 03:20:16

When recreational marijuana was legalized across Canada on October 17, 2018, Ontario decided to start by only availing cannabis through a website run by the provincial government. Brick-and-mortar stores were slated to open in April this year, and yesterday (April 1) was the first day of storefront sales.

The provincial government decided to use an unconventional way to select which applicants would be granted the first 25 recreational cannabis retail licenses early this year. It used a lottery to select the lucky 25 businesses to be first to open retail stores. Originally, the plan was to license as many retailers as needed.

However, the persistent countrywide supply shortages compelled the government to change its plan and issue only 25 licenses in preparation for the April 1 deadline for the commencement of brick-and-mortar retail sales of pot.

The entities that participated in the lottery were fully aware that the licenses they received were subject to strict conditions, such as being ready to open by April 1.

Those that didn’t open their stores on that first day would face a fine of $12,500, and the fines would escalate the longer the business didn’t open. This penalty would be deducted from the $50,000 letter of credit that the applicants submitted as part of the preconditions for participating in the lottery.

If a licensee is unable to start operations by this month’s end, that business risks losing the entire $50,000 covered by that letter of credit.

That threat is likely to hit several businesses, since only 10 were able to fulfill all the licensing conditions in order to open on April 1. The race is therefore on for the remaining 15 businesses to reduce the fines that they will suffer as a result of their inability to open on the first day of storefront sales.

Meanwhile, Ontario residents have been waiting eagerly for the retail stores to open. This can be evidenced by the hundreds who started queuing as early as 4 a.m. in order to be among the first to buy pot in a “real store”.

Why would one sacrifice their sleep and yet recreational marijuana is already available online in the province? Each person has his or her own reasons, but a few seem to cut across.

For example, many are excited and want to be witnesses to the making of history in the province. To such people, the experience of walking into a store and paying for cannabis is something that truly marks the end of prohibition, and they wanted to experience it firsthand.

Many other people say that they are lining up at the stores because it gives them a better shopping experience. For instance, one can smell a product before deciding whether to buy it, something that isn’t possible when you order online. Stores also give you a chance to get up close and personal with the different products before you take your pick of what is available. This is worth lining for, they say.

ChineseInvestors.com (OTCQB: CIIX) and Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) hope that the residents of Ontario can enjoy buying from these retail outlets without being hindered by supply shortages.

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420 with CNW – 50 Marijuana Dispensaries in Michigan Get Temporary Reprieve in Court

April 2, 2019 15:20:36

On Thursday last week (March 28), Judge Stephen Borrello of the Michigan Court of Claims issued a temporary order stopping the state from implementing its decision to close down any medical marijuana dispensary that hadn’t received its license by March 31.

The restraining order gives the businesses in question another 14 days within which to get their operations legalized in accordance with the licensing requirements of the state.

For long, players in the Michigan medical marijuana industry have been complaining that the state takes an inexplicably long time to process and issue a license to an applicant. This slow bureaucratic pace has affected growers, manufacturers and dispensing outlets.

For example, in early February alone, about 150 dispensaries were still awaiting the outcome of their applications for licenses. Similarly, 130 prospective medical cannabis cultivators were also awaiting the fate of their applications for grow licenses.

Because of those complaints, the state decided to allow medical cannabis businesses to open while their applications were still being processed.

However, the state eventually set deadlines for all unlicensed dispensaries to close, but these deadlines have either been unilaterally postponed by the regulators or courts have intervened and forced the state’s hand.

This recent extension is an example of the judiciary stepping in and compelling the state to refrain from implementing its decision to close medical marijuana businesses without licenses.

In response to the restraining order issued by the Court of Claims, the state published a statement in which it revealed that it will hit the brakes on its decision to close unlicensed medical cannabis businesses until court issues further orders or the pending litigation is disposed of by the courts of law.

In a bid to put an end to the endless delays in the licensing process, the Governor of Michigan, Gretchen Whitmer, has established a new agency to superintend over the marijuana industry.

The persistent problems over licensing issues have also come to a head as the state is working to start recreational cannabis sales after voters approved adult-use marijuana during the midterm elections towards the end of last year.

Cannabis advocates worry that if the problems in the medical cannabis sector aren’t fixed in time, then those problems will get worse once recreational cannabis is added to the menu. Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and Youngevity International, Inc. (NASDAQ: YGYI) call on the regulators to study what other states have done to streamline the licensing process. Creating new agencies to oversee the industry may not fix the problem if a proper diagnosis of the issues isn’t done.

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NetworkNewsBreaks – OrgHarvest, Inc. (ORGH) Receives Regulation A Approval from the SEC

April 2, 2019 13:57:17

OrgHarvest (OTC: ORGH) recently reported that it has become the first cannabis cultivation company to receive Regulation A approval for offerings of up to $20 million from the Securities and Exchange Commission (“SEC”). In its self-registration, OrgHarvest is offering one share of common stock at a price of 25 cents each with one bonus share of restricted stock. Using a high-tech, 100,000-square-foot glass greenhouse imported from the Netherlands, the company aims to launch cannabis cultivation and production operations in Las Vegas, Nevada. The greenhouse has the capacity to produce 450 pounds of cannabis flower per week, empowering OrgHarvest to potentially gross more than $60 million after its second year of operation. The company is currently focused on acquisitions and joint ventures involving cannabis production, distribution, dispensaries, and the manufacture of cannabis edibles, beverages and pharmaceuticals.

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

About OrgHarvest

OrgHarvest offers an exceptional opportunity for investors interested in a unique combination of technology and an innovative business model targeting the recreational and medicinal cannabis market legal in Las Vegas, Nevada. The timing of the market and the strong demand provides a winning combination for success. For more information, visit the company’s website at www.OrgHarvest.us.

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Wild West Crypto Show Discusses the Value of People

April 2, 2019 11:29:29

The burgeoning cryptocurrency space offers opportunities for investors and entrepreneurs
Rumblings of mass adoption and a Fortune 500 company accepting million-dollar payments in crypto serve as key discussion points in this week’s episode
Hosts examine how risk, habits, forgiveness and living life to its fullest make room for success

Wild West Crypto Show (“WWCS”) co-hosts Drew Taylor and Brent Bates recently aired (http://ccw.fm/et9JT) their 53rd episode, titled ‘Creating Value for Entrepreneurs’. In this episode, they highlight the opportunities that 81-C is providing for both investors and entrepreneurs. The two look at the good, the bad and the ugly regarding conversations in government, as well as how consolidation and hackers are affecting the industry. After discussing the latest in crypto news with Jonathan Keim from CryptoCurrencyWire, they dive into the importance of good habits and how those habits lead to success.

81-C co-CEOs Jessica Merrell and Dan Abbate joined WWCS to discuss the value of entrepreneurs and how to create access to investors, regardless of the size of the entrepreneurial enterprise. 81-C’s goal is to seek out and find good, scalable businesses, then acquire those…

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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NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Partners with HelloMD to Deliver More Value-Added Services

April 2, 2019 11:12:16

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced its entry into a delivery fulfillment agreement with HelloMD, the country’s leading digital healthcare platform for cannabis doctors, consumers and brands. According to the update, Wildflower’s partnership with HelloMD’s e-commerce solution intends to expand on its license to deliver more value-added services to the L.A. community. “HelloMD has been a significant wholesale customer and provides us with a great position as a premium health and wellness brand,” Wildflower Brands CEO William MacLean said in the news release. “I am very happy to see our relationship grow to further bring quality information and products to consumers with conditions that benefit from plant-based healing in a timely manner.”

To view the full press release, visit http://nnw.fm/x59WA

About Wildflower Brands

Wildflower Brands is headquartered in Vancouver and is dedicated to building reputable brands and quality products that incorporate the synergistic effects of plants and their extracts. 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://nnw.fm/WLDFF

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NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Appoints Chief Financial Officer Jon Paul, Craig Heimark Takes Role of Chief Strategy Officer

April 2, 2019 11:07:11

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) this morning announced that it has appointed veteran senior corporate finance executive and certified public accountant Jon Paul as its chief financial officer reporting to PLUS co-founder and CEO Jake Heimark. The company further announced that, effective immediately, Craig Heimark has resigned as the chief financial officer and has been appointed as the chief strategy officer, and will remain as chairman, secretary and a director. “Jon has more than 30 years of experience in senior financial management, including roles as CFO and senior financial consultant at both private and public companies across a number of industries including consumer products, health care, and telecom,” PLUS CEO Jake Heimark said in the news release. “When we were recruiting for a senior financial advisor, we met Jon and knew he was the right person to help PLUS develop a disciplined global financial strategy, robust systems and procedures and a strong balance sheet as we scale our business.”

Paul’s appointment uniquely positions PLUS in the cannabis space with a proven financial leader on its team with experience across disciplines including buy-side M&A strategy through integration and strategic planning in rapidly scaling businesses. Previously the CEO and founder of advisory firm Value Added Finance Resources, Paul has served public and private companies for the past 20 years, acting in various roles as CFO, board member, mentor and consultant. He began his career at Arthur Anderson, and is a certified public accountant, a certified management consultant, and holds a BA in Accounting from the University of Illinois and a MBA in General Management from Harvard Business School.

“Craig has served as our CFO from the time the company was founded through our public offering,” said Jake Heimark. “We are thrilled that he will continue to guide our strategic direction in his new role at PLUS. His guidance, leadership and expertise have been instrumental to PLUS’ success and he has helped to build a culture of integrity and professionalism. Craig has an exceptionally deep international business background including serving as CIO of UBS managing over 2,000 people and a $1B budget as well as serving as a former board member of Deutsche-Börse AG. As both a colleague and his son, I look forward to continuing to work with Craig at PLUS.”

PLUS recently announced an anticipated unaudited 684 percent increase in revenue in 2018 and, with the past year’s demonstrable growth, has cemented itself as the clear leader in cannabis in California. According to retail analytics firm Headset, the PLUS Uplift Sour Watermelon gummy was California’s top selling branded product of the more than 20,000 products sold across all of the state’s cannabis categories in 2018. Additionally, PLUS “Uplift” and PLUS “Restore” remained California’s top #1 and #2 best-selling edible products according to BDS Analytics.

To view the full press release, visit http://nnw.fm/cTq7T

About Plus Products Inc.

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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The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Receives Second Organic Certification; Gains Initial Approval on Hamilton Facility

April 2, 2019 11:06:34

TGOD recently received its second organic certification at its Hamilton facility
Jefferies and Seaport Global have initiated coverage on the company’s stock
TGOD’s Canada-listed shares climbed by more than 19 percent between February 28 and March 28, 2019
Company has received initial approval to operate a cannabis greenhouse in Ancaster, Ontario

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is now most definitely on the radar of the investment community. In February, NYC-based investment bank Jefferies initiated coverage of the stock with a ‘Buy’ recommendation (http://nnw.fm/wC4Lm). The company’s stock price has been climbing in the wake of this milestone. Coverage appears to have increased investor confidence, as has confirmation that the company continues to pursue its strategy of producing premium organic cannabis at low cost. TGOD has received organic certification from Pro-Cert Organic Systems Ltd. for its Hamilton facility, the second time it has done so.

Earlier, Seaport Global Securities’ Senior Equity Analyst initiated coverage on the company with a ‘Buy’ rating and a bullish price target, citing the…

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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ChineseInvestors.com Inc. (CIIX) Subsidiary Launches High-End, Full-Spectrum Luxury Brand CBD Oil

April 2, 2019 10:46:01

The new CBD oil product was introduced at the Financial Carnival Event in San Francisco
The full-spectrum oil joins CIIX’s other CBD products, including OptHemp and the OPT2Mist CBD-infused sprays
CEO sees possibility of reaching $6-$10 million in annual sales volume, facilitating uplisting to the New York Stock Exchange or the Nasdaq Capital Market

ChineseInvestors.com Inc. (OTCQB: CIIX) has added a high-end, full-spectrum brand of CBD oil to its CBD offerings through subsidiary ChineseHempOil.com Inc. The new product line is available at www.365CWC.com. CIIX said in a news release that the new, branded oil should have a positive impact on its sales and profit margin (http://nnw.fm/CQq56).

CIIX’s new site, which caters to both Chinese and English speakers, offers a growing selection of…

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

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Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Set to Thrive within Blossoming Cosmeceutical Industry

April 2, 2019 10:22:45

Therma Bright Inc.’s proprietary technology has received Class II medical device status from the U.S. Food and Drug Administration
The global market for cosmeceuticals was valued at nearly $47 billion in 2017 and is estimated to see continued growth
The company is waiting on regulatory approvals for its thermal therapy technology, which incorporates the use of cannabis or cannabidiol

Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF), a medical device technology provider focused on addressing dermatological needs in the multi-billion-dollar cosmeceutical (the convergence of cosmetic and pharmaceutical products) industry, offers relief for insect and marine life bites and stings, which is especially relevant as spring weather patterns transition into increasingly wet and humid conditions.

The company’s pain-free skin care offerings alleviate pain, itch and discomfort caused by a myriad of creatures, including bees, wasps, hornets, mosquitos, black flies and…

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

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NetworkNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Elects Globally Recognized Corporate and Political Strategist as Board Chairman

April 2, 2019 10:02:29

Royalty company for the U.S. licensed medical cannabis industry FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced its election of Morris L. Reid to the position of chairman of the board. Reid, a partner at leading high-stakes public strategy firm, Mercury, has served as a director of FinCanna for the past two years and is based in Washington, D.C. and London. For over 15 years, Morris has worked with high-profile individuals, corporate executives and government officials, advising on high-level political and corporate issues. “We are honored to have a man of Morris’s stature and experience take on the important role of Chairman of the Board,” FinCanna Capital CEO Andriyko Herchak said in the news release. “Morris has an exceptional and diverse skill set and has built an impressive global network over the course of his notable career. We look forward to his contribution and leadership as we continue to build our diversified investment portfolio creating long term wealth for our shareholders.”

To view the full press release, visit http://nnw.fm/wLdf6

About FinCanna Capital Corp.

FinCanna provides financing to top-tier companies in the licensed medical cannabis industry in exchange for a royalty on revenues. FinCanna, led by a team of finance and industry experts, is building its diversified portfolio of royalty investments in scalable, best-in-class projects and companies in U.S. legal states, with a focus on California. For additional information visit www.FinCannaCapital.com.

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

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Marijuana Company of America Inc. (MCOA) Officially Launches hempSMART in UK, Acquires Interest in California Company

April 2, 2019 09:55:50

Most of MCOA’s projects involve the cultivation and distribution of hemp-derived products
The company has officially launched its industrial hemp-based, CBD-formulated hempSMART products in the United Kingdom
MCOA recently entered into an LOI with Natural Plant Extracts of California

An umbrella company, Marijuana Company of America Inc. (OTCQB: MCOA) supports an array of portfolio businesses that participate in the cannabis industry. Primarily an industrial hemp business, MCOA’s hempSMART company is focused on producing premier-quality botanical supplements derived from organically grown industrial hemp and synergistic botanicals (http://nnw.fm/7BBpe). MCOA is headquartered in Escondido, California.

Fundamentally, hempSMART offers a line of industrial hemp-derived cannabidiol (non-THC) products. The expectation is that the hemp market will increase tenfold this year. Hemp acreage in the…

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

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NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRV) Elepreneur Subsidiary Founder Featured in ‘Networking Times’

April 2, 2019 09:13:03

Diversified holding company Sharing Services Global Corporation (OTCQB: SHRV) on Monday announced that Robert Oblon, founder of the company’s wholly owned subsidiary, Elepreneur LLC, is featured in the Spring 2019 issue of Networking Times. Published by Gabriel Media Group, Inc., the direct selling industry publication’s exclusive edition titled “Elevating Health, Wealth and Happiness” showcases Oblon and includes a 15-page cover story that highlights his background spanning over 22 years in the online travel industry and his passion for creating direct selling and network marketing models. Also covered is the unique story of the birth of the company Elepreneur, as well as Oblon’s personal mission for Elepreneur as it promotes successful home-based business opportunities within the global online retail, gig economy. The special Networking Times edition also includes profiles of select Elepreneurs (independent salesforce), an excerpt from positive psychologist Shawn Achor’s book, Big Potential, and a feature on world-renowned motivational speaker Les Brown. To view a preview and download the Spring 2019 edition of Networking Times, visit www.NetworkingTimes.com.

To view the full press release, visit http://nnw.fm/yIN7g

About Sharing Services Global Corporation

Sharing Services Global Corporation (SHRV), formerly Sharing Services Inc., is a diversified holding company specializing in the direct selling industry. SHRV owns, operates or controls an interest in a variety of companies that either sell products to the consumer directly through independent representatives or offers services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. Its divisions include Elevacity Global, LLC and Elepreneur, LLC. For more information, visit www.SharingServicesInc.com, www.Elevacity.com or www.Elepreneur.com.

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

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NetworkNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Posts Clinical, Corporate and Financial Update

April 2, 2019 09:08:16

Clinical-stage gene therapy company Genprex (NASDAQ: GNPX) on Monday provided a clinical, corporate and financial update for the year ended December 31, 2018. Among other highlights, Genprex reached various milestones in 2018 and early 2019 which included completing its initial public offering (“IPO”) and listing of common stock on NASDAQ Capital Market, completing a $10 million private placement, and securing a contract with Accenture to provide clinical data management services to help fast-track the clinical development of Oncoprex(TM). “Over the past year, we made great progress in advancing the development of our gene therapy platform, including Oncoprex(TM) immunogene therapy for non-small cell lung cancer,” Genprex Chairman and CEO Rodney Varner stated in the news release. “I’m pleased with our progress and am excited to continue development of our gene therapies for cancer into 2019 and beyond. I’m confident, given all we’ve accomplished in the past year, that 2019 will be a landmark year for Genprex.”

To view the full press release, visit http://nnw.fm/x8Vst

About Genprex, Inc.

Genprex, Inc. is a clinical stage gene therapy company developing potentially life-changing technologies for cancer patients, based upon a unique proprietary technology platform, including Genprex’s initial product candidate, Oncoprex(TM) immunogene therapy for non-small cell lung cancer (NSCLC). Genprex’s platform technologies are designed to administer cancer fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities. Oncoprex has a multimodal mechanism of action whereby it interrupts cell signaling pathways that cause replication and proliferation of cancer cells, re-establishes pathways for apoptosis, or programmed cell death, in cancer cells, and modulates the immune response against cancer cells. Oncoprex has also been shown to block mechanisms that create drug resistance. For more information, visit the company’s website at www.Genprex.com.

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

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420 with CNW – Colorado House Bill Could Make Marijuana Consumption Lounges Legal

April 2, 2019 03:20:44

Recreational marijuana has been legal in Colorado since 2012, but the people who buy legal pot have been having a hard time finding where they can consume their purchase. This is now set to change if a bill that has been approved by a House Committee eventually gets the nod from the entire State Assembly and Senate.

Under current law, recreational cannabis can only be consumed in private residences and private establishments. The ban on public and open consumption of cannabis remains in place even if the law legalizing recreational cannabis intended to regard recreational cannabis in the same way that alcohol is treated by the law.

In the past, all efforts to create a system by which the social consumption of marijuana could be licensed have failed. However, the sponsors of HB 1230 feel that the time may now be right for an enabling to law to be enacted so that businesses can get licenses for the social consumption of marijuana on their premises.

Representative Jonathan Singer, the sponsor of the bill, says that his intention is to fix two major issues in the law.

First, his bill will provide more clarity about the meaning of “open and public” so that cannabis businesses and consumers can know the limits of where cannabis consumption is allowed or not. Currently, marijuana seems to be in no man’s land on this issue, he added.

By defining what “open and public” means, it will be possible to license premises where tourists and residents can consume recreational marijuana. This is especially important because many people who live in rented premises cannot consume recreational cannabis at home because the landlords don’t permit its consumption on the premises.

HB 1230 seeks to create two kinds of licenses that businesses can apply for in order have cannabis users consume their stuff in the premises.

The first kind of license will enable consumption lounges and other public places to have a limited amount of cannabis that people can buy and consume while in the premises.

The second type of license wouldn’t allow on-site cannabis sales, but people can come in with their own cannabis and consume it from those premises.

However, any business that is licensed to sell or facilitate the consumption of alcohol wouldn’t be eligible for any of the cannabis social consumption licenses. Under the proposed law, local authorities would also have the right to decide whether to permit or ban cannabis consumption lounges and other such facilities within their jurisdictions.

Now that the bill has passed the first hurdle in the Business Affairs and Labor Committee of the House, it now heads to the House Finance Committee. The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) and Therma Bright, Inc. (TSX.V: THRM) (OTC: THRBF) hope that this bill is enacted into law so that the dilemma of where people can consume legal weed in Colorado can be solved sooner rather than later.

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420 with CNW – Congressional Committee Approves Marijuana Banking Bill

April 1, 2019 15:20:31

On Thursday last week (March 28), the House Financial Services Committee voted to pass a bill that will make it easier for cannabis businesses to access banking services. The bill will now be scheduled for consideration by the entire House after it passed at the committee level when 45 legislators voted in favor while 15 voted against the bill.

Marijuana advocates see this committee action as a sign that the Democrats who dominate the House are finally making good on their support for cannabis law reform.

The bill seeks to make it possible for marijuana businesses to get access to banking services without any fear of federal action against them. Some of these businesses are working with some banks, but the majority of the financial services providers are reluctant to accept cannabis businesses as clients for fear of violating federal money laundering or illicit drug laws.

The SAFE Act was passed after being debated for several days in which a number of amendments were considered and either passed or rejected when a vote on them was called.

For example, one amendment sought to compel the federal government to conduct research on inclusion and diversity in the cannabis industry so that the damage caused by the war on drugs on minorities can be corrected.

Another amendment that was included in the bill added insurance companies to the list of entities that would be protected by the SAFE Act. It should be remembered that cannabis businesses have also been finding it hard to access insurance services that are vital for any business. If the bill becomes law, then marijuana companies will be able to access insurance services in the same way that other legitimate businesses can.

Another amendment added will compel the Government Accountability Office to study the reports banks are required to file about the marijuana businesses they have as clients. This examination is intended to find out how effective those reports are in helping the authorities to unearth illegal activity.

Those reporting requirements have previously been mentioned as one of the major reasons why it is very expensive for cannabis businesses to access banking services even when some banks are willing to accept these businesses as clients.

One proposed amendment tabled by a Republican legislator wanted to delay the implementation of the SAFE Act until the federal government rescheduled marijuana. Sensing that the amendment wouldn’t pass, the mover withdrew it before it could be voted on.

Many of the amendments that were rejected were mainly proposed by Republicans who wanted to cleverly water down the impact of the proposed law or even render it unenforceable. But the Democrats used their majority on the committee to sidestep all those traps.

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) and The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) are glad that Congress is finally acting to enact laws that bring U.S. cannabis businesses into the fold of all other legitimate businesses across the country.

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NetworkNewsAudio – SinglePoint, Inc. (SING) Establishes a Foothold within the Automotive Industry

April 1, 2019 14:52:19

Related Editorial
Technology is transforming the automotive industry.

Data is changing vehicle manufacturing and the way customers buy.
Connectivity is transforming the relationships between customers and their vehicles.
New technology such as blockchain provides alternative approaches to existing issues.
The change affects the whole sector, from manufacturing and maintenance to sales.

Some of the innovation feeds off ideas from other industries, such as the vehicle repair app created by SinglePoint Inc. (OTCQB: SING) (SING Profile). Some of it is focused on sales, as is the case for CDK Global Inc. (NASDAQ: CDK) and its dashboard to help with sales. There are innovations for specific market sectors, such as the truck data-gathering work headed by IHS Markit Ltd. (NASDAQ: INFO). Tesla Inc. (NASDAQ: TSLA) may be working on some of the highest profile changes, with its work on electric cars leading to record-breaking sales, but it’s the quieter work of companies such as AutoWeb Inc. (NASDAQ: AUTO) that is reaching into every corner of the market, as technology transforms the auto sales environment.

To view the full editorial, visit http://nnw.fm/22kYS

To hear the NetworkNewsWire Audio version, visit http://nnw.fm/pE7KW

About SinglePoint, Inc.

SinglePoint, Inc. 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 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

About NetworkNewsAudio

NetworkNewsAudio, a service of NetworkNewsWire (NNW), allows you to sit back and listen to market updates, interviews and company press releases. NetworkNewsAudio keeps you informed on publicly traded companies we’re watching. The audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio is a Brand Awareness Distribution Solution from NetworkNewsWire.

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HODL Rally and Barcelona Blockchain Summit Provide Grand European Platform for Brands

April 1, 2019 13:07:01

With its grand European tour set for summer, HODL Rally is following a rite of passage that celebrates the best of what Europe has to offer. For eight days, 100 supercars will cruise 1,800 miles through five countries – England, France, Monaco, Spain and Switzerland – offering marketers a nonpareil opportunity to expose their brands to populations in eight cities.

HODL Rally is set to take off from Pall Mall in Central London with fanfare and, quite possibly, pomp and circumstance, which Brits find hard to resist. It will cross into France by ferry at Calais, follow a course from Paris to Geneva, and then head to the south side of France for a celebration in Cannes. A two-day hiatus is planned for the Blockchain Summit on July 4-5 at Barcelona’s W Hotel. Then it’s on to Valencia for bull fighting, followed by the leg to Denia on the coast of the Mediterranean. The blockchain cavalcade climaxes on the island of Ibiza, with a beach takeover, a fashion show with Adam Saaks and a VIP super yacht party.

The glamour and glitter of the HODL motorcade and its associated events offers marketers a unique platform to enhance the awareness of their brands. Each car in this promotional passing parade will be emblazoned with the logos and…

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Blockchain Goes Hollywood to Host Charity Poker Tournament Featuring Influencers and Industry Leaders

April 1, 2019 12:53:35

Blockchain Goes Hollywood VIP conference aims to join technology leaders with financial institutions and investors
Event kicks off with a VIP charity poker tournament with major celebrity support
Streamed live, the prestigious poker tournament will be hosted by Jamie Gold, a past winner of the World Series of Poker Main Event

Blockchain Goes Hollywood will be a VIP event pairing industry technology leaders and innovators with investors and VC fund managers. The conference kicks off on May 30-31 with a VIP charity poker tournament to be held at the Bicycle Hotel & Casino in Bell Gardens, California. The blockchain conference main event follows on June 1-2 at Universal Studios. Learn more at www.BlockchainGoesHollywood.com.

Buy your tickets now at http://ccw.fm/DtGr1

The VIP charity poker tournament will be hosted by prior World Series of Poker Main Event winner Jamie Gold. It will also be streamed live worldwide by Bicycle Hotel & Casino at…

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Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) Readies Online Sales Strategy for New InterceptCS Cold Sore Prevention Device

April 1, 2019 12:37:02

THRBF offers an IoT- and Bluetooth-enabled device for cold-sore prevention
Its sales strategy is part of the company’s larger focus on developing products for the dermatology market
THRBF’s proprietary technology is designed to prevent cold sores in the OTC sector, which is projected to record significant sales growth

Therma Bright Inc. (TSX.V: THRM) (OTC: THRBF) is offering a new generation of technology in the burgeoning skin care market. The company is specifically planning to target sales growth for its high gross-margin InterceptCS* cold sore prevention device with a new website, social media campaign and online sales strategy (http://nnw.fm/f5cvQ).

THRBF’s new InterceptCS is a class II medical device that works through three 30-second treatments and offers multi-use activators. Therma Bright’s strategy is to market the…

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

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Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Launches Its Largest Cannabinoid Research Program

April 1, 2019 12:11:14

The R&D program will focus on the proprietary Lexaria DehydraTECH delivery technology with the purpose of enhancing it further
Results could contribute to new patent filings in the future; in addition, the program will examine more extensively the way DehydraTECH-enabled CBD outperforms generic CBD
Lexaria-designed nanotech enhancements will also be included in the program

Biotechnology company and drug delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is launching its largest cannabinoid research and development program to date. The program consists of 11 separate animal studies, according to a company press release (http://nnw.fm/iY7Tv).

The Lexaria in vitro study design was conceptualized six months ago. Laboratory test articles have been produced and meet or exceed required quality control thresholds. The program has moved on to…

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NetworkNewsBreaks – City View Green Holdings Inc. (CSE: CVGR) Partners with Leading Jamaican Blue Mountain Coffee Company

April 1, 2019 12:10:02

City View Green Holdings Inc. (CSE: CVGR) today announced its entry into a partnership with Blue Bean Coffee Ltd., a global representative of leading Jamaican Blue Mountain Coffee farms. Produced in the Jamaican region known as the Blue Mountains, Jamaican Blue Mountain Coffee is considered by experts to be among the best coffees in the world. Per the update, the coffee is sun-ripened on the slopes of Jamaica’s Blue Mountains, and the climate produces a superior Arabica bean that’s full of flavor and features a mellow sweet aftertaste. “We see edibles and consumables as the next exciting wave in the Cannabis space, coffee will play a big part in that evolution and we wanted to partner with a company focused on delivering the finest tasting and best quality product possible and that is why we chose Blue Bean Coffee Ltd.,” City View Green CEO Ian MacDonald stated in the news release.

To view the full press release, visit http://nnw.fm/riFF4

About City View Green Holdings Inc.

City View Green, which began trading March 5, 2019, 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 percent stake in Budd Hutt Inc. Budd Hutt Inc. is 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 Green’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.’s (NASDAQ: YGYI) Khrysos Industries Enters $11 Million Supply Contract for CBD Isolate Powder

April 1, 2019 12:08:57

Leading omni-direct lifestyle company Youngevity International Inc. (NASDAQ: YGYI) today announced that it has executed a one-year supply and processing agreement to produce 99 percent pure CBD (no THC) isolate. The company expects to begin shipping under the contract this month and continue in equal amounts through March 2020. “The Khrysos Industries business model is multi-dimensional, and we are just now starting to fully leverage the capabilities of our extraction systems, end to end processing platform, and the capabilities of INX Labs,” YGYI President and CFO Dave Briskie said in the news release. “We anticipate gearing up our production capabilities across the platform as we move through 2019.”

To view the full press release, visit http://nnw.fm/nWDm8

About Youngevity International Inc.

Youngevity International Inc., an emerging conglomerate operating in three distinct business segments including a vertically integrated coffee enterprise, a vertically integrated hemp-based product development enterprise including end-to-end processing, and a direct-selling enterprise that consists of an expanding portfolio of consumer brands developed with its in-house product development team and distributed by traditional and nontraditional channels, including a multi-country, direct-selling network. For more information, visit the company’s website at www.YGYI.com

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NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Announces Record Quarterly Revenues

April 1, 2019 12:07:44

Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, today announced that its unaudited quarterly revenues for the quarter ended March 31, 2019, surpassed $150,000 for the first time in company history. Wholesale sales of Nightfood Ice Cream accounted for the majority of revenue for the three-month period. The brand established distribution in 15 states within three months of the manufacture of the first pint, and, since launch, it has received national media coverage from various outlets, including Fox Business, Yahoo Finance, USA Today, The Washington Post, The Food Network, Today.com, MarketWatch and Parents Magazine. “I’ve never been involved in a new product launch that was so powerfully on-trend and well received,” Nightfood VP of Ice Cream Sales Jim Christensen commented in the news release. Christensen previously held the same title at global ice cream giant Unilever, where he oversaw sales and distribution initiatives for such brands as Ben & Jerry’s, Klondike, Breyers and Good Humor over the course of 20+ years. “The amount of media Nightfood has gotten in recent weeks confirms to me that we’re 100 percent dialed in to the consumer lifestyle and consumption habits,” he added.

To view the full press release, visit http://nnw.fm/6e8CD

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 2017 and beyond. 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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NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) to Expand Footprint in Cannabis Industry with Odor and Emission Solutions

April 1, 2019 12:06:17

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, today announced plans to expand its solutions for the cannabis Industry to deal with the increasing regulations from local and provincial governments. Kontrol Energy and its ORTECH Consulting subsidiary have over 40 years of history in dealing with emissions and odors in multiple industry sectors across Canada. Following legalization in Canada, the cannabis industry continues to mature, and, along with it, there is a growing demand for emission and odor compliance and new regulations for which many LPs may not be prepared. “We offer turn-key odour and emission services designed to scientifically identify, measure and mitigate VOCs and help our customers be at the leading edge of compliance,” Kontrol Energy CEO Paul Ghezzi stated in the news release. “We can assess applicable odour control technologies such as carbon filtration, ionization, etc. and then provide the turn-key technology solution and other critical systems required that are best suited for the specific facility. Further, solutions to continuously monitor the effectiveness of odour control equipment or the ambient air outside of the facility can be the early warning system required to reduce the frequency of odour complaints. We are well positioned to add new customers in the Cannabis industry and grow our footprint in this significant new market.”

To view the full press release, visit http://nnw.fm/Z5WLr

About Kontrol Energy

Kontrol Energy Corp. is a leader in the energy efficiency sector through IoT, Cloud and SaaS technology. With a disciplined mergers and acquisition strategy, combined with organic growth, Kontrol Energy Corp. provides market-based energy solutions to our customers designed to reduce their overall cost of energy while providing a corresponding reduction in greenhouse gas emissions. For more information, visit the company’s website at www.KontrolEnergy.com

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

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NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) and JV Partner in Negotiations Regarding Acquisition of Scio Farm Hemp Biomass

April 1, 2019 12:04:34

Innovative hemp and cannabis corporation Marijuana Company of America Inc. (OTCQB: MCOA) and Global Hemp Group (CSE: GHG) (OTC: GBHPF) (FRA: GHG), its joint venture partner, today announced that they are in current negotiations with several Oregon-based cannabinoid extraction companies regarding the acquisition of the joint venture’s hemp biomass produced at the Scio farm from the 2018 harvest. Per the update, the Scio farm team has prepared processing samples ranging in size from 100 lbs. to 2,000 lbs. for the extraction companies. The biomass is being processed into CBD crude oil, with the option to further refine it into isolate or full spectrum oil in order to increase its market value. The partners expect current extraction test batch results by mid-April, which will serve as a basis for the final terms of the biomass sale.

To view the full press release, visit http://nnw.fm/JcY0P

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

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

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Marijuana Company of America Inc. (MCOA) Realizing Dream of Farm-to-Consumer Verticals in Cannabis Industry

April 1, 2019 11:42:00

Marijuana Company of America Inc. recently initiated a new push into tetrahydrocannabinol (THC) product development through an LOI with Natural Plant Extract of California
Analysts predict that California’s cannabis market will reach $5.1 billion in sales this year and $7.7 billion by 2022
Recreational use marijuana is expected to be the prime driver in the market

During a crucial year for expansion in California’s cannabis market, Marijuana Company of America Inc. (OTCQB: MCOA) is lighting the pathway toward achieving its goal of farm-to-consumer vertical collaboration among its subsidiaries in the cannabis space.

MCOA recently uplisted its trading tier to the OTCQB Venture Marketplace, as well as improving its hempSMART brand presence as…

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

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Sharing Services Inc. (SHRV) Changes Name to Sharing Services Global Corporation, Reports Million-Dollar Growth in Sales

April 1, 2019 11:05:50

Sales grew by more than $64 million since December 2017 launch of products
SHRV CEO credits ‘Blue Ocean Strategy’, along with Elepreneur and Elevacity Global subsidiaries, for record performance
Name change reflects company’s international growth strategy

Sharing Services Global Corporation (OTCQB: SHRV) reported sales of $25.9 million for its fiscal Q3 2018 ended January 31, 2019. Those numbers are $8 million higher than the $17.9 million in revenue reported in the previous quarter (http://nnw.fm/NkM10). SHRV CEO John “JT” Thatch said that the increase was due in part to the company’s implementation of a ‘Blue Ocean Strategy’ in its direct selling market. The company also announced that it has changed its name to Sharing Services Global Corporation to better reflect its international growth strategy (http://nnw.fm/zA5YE).

“Our 2018 Q3 results are continued proof that our ‘Blue Ocean Strategy’ is being implemented and accepted in the direct-selling marketplace,” Thatch said in a…

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NetworkNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives Notice of Allowance for First US Patent Application Relating to Core Technology

April 1, 2019 09:24:42

Automotive technology innovator Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) this morning announced its receipt of a notice of allowance for its first patent application, number 16/078,489, for the company’s “running vehicle alerting system and method.” According to the update, the patent combines features of Foresight’s QuadSight automotive vision system with Eye-Net Mobile’s cellular-based V2X accident prevention solution, and it will allow Foresight to use its stereoscopic camera-based object detection capabilities to provide collision alerts through the Eye-Net application in order to reduce the likelihood of accidents and injuries.

“We are very excited about this notice of allowance for patent application, the first of a family of patent applications relating to our core technology,” Foresight CEO Haim Siboni said in the news release. “This important asset strengthens our intellectual property and further validates Foresight’s breakthrough technology, developing advanced vision systems for the automotive industry.”

To view the full press release, visit http://nnw.fm/8kyB1

About Foresight Autonomous Holdings Ltd.

Foresight Autonomous Holdings Ltd., founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention, which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company 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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NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives Second Site License from Health Canada

April 1, 2019 09:23:32

Dynamic plant-based food and beverage company Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) this morning announced that its portfolio company, James E. Wagner Cultivation Corporation (“JWC”) (TSX.V: JWCA) (OTCQX: JWCAF), has received a cultivation license from Health Canada for its Kitchener-based commercial-scale production facility (“JWC2”). Per the update, reception of this license will result in the launch of the initial phase of JWC2, a 345,000-square-foot production and distribution complex through which JWC intends to roll out more than 130 individual production rooms utilizing its proprietary GrowthSTORM Dual Droplet cultivation platform and methodologies. “While optimizing production methodologies at their already licenced pilot facility, JWC has concurrently built out and implemented refinements and learnings for production at commercial scale,” Daniel Pearlstein, Canopy Rivers’ executive vice president of strategy, stated in the news release. “We are pleased to see Health Canada reward JWC for the quality of their operations, and their disciplined approach to expansion with the issuance of this second site licence.”

To view the full press release, visit http://nnw.fm/o5LTT

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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NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Closes First of Two Planned Tranches of Private Placement

April 1, 2019 09:21:59

Iron ore exploration and development company Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) on Friday announced its closing of the first of two planned tranches of its previously announced non-brokered private placement of financing units. Per the update, Black Iron issued 17,508,440 units at a price of $0.06 per unit for gross proceeds of $1,050,506. The company intends to use the net proceeds of this first tranche to advance its Shymanivske project, including negotiations to secure essential land surface rights; to further discussions and negotiations on construction financing; and for general working capital purposes. Closing of the first tranche is subject to the receipt of regulatory approval, including final Toronto Stock Exchange approval. The second tranche of this offering is expected to close on or before April 5, 2019.

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

About Black Iron Inc.

Black Iron is an iron-ore exploration and development company, advancing its 100-percent owned Shymanivske Project located in Kryviy Rih, Ukraine. The Shymanivske Project contains a NI 43-101 compliant resource estimated to be 646 Mt Measured and Indicated mineral resources, consisting of 355 Mt Measured mineral resources grading 31.6 percent total iron and 18.8 percent magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1 percent total iron and 17.9 percent magnetic iron, using a cut-off grade of 10-percent magnetic iron. Additionally, the Shymanivske Project contains 188 Mt of Inferred mineral resources grading 30.1 percent total iron and 18.4 percent magnetic iron. Full mineral resource details can be found in the NI 43-101-compliant technical report entitled “Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore Deposit” effective November 21, 2017, under the company’s profile on SEDAR. The Shymanivske Project is surrounded by five other operating mines, including ArcelorMittal’s iron ore complex. For more information, visit the company’s website at www.BlackIron.com

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

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420 with CNW – Michigan Commission Advises the State to Avoid Setting THC Impairment Limit for Drivers

April 1, 2019 03:20:14

The Impaired Driving Safety Commission, a body that was set up by Michigan’s Governor, has recommended that the state should not set any threshold for the THC content in someone’s blood before that person is regarded as being impaired while driving.

This six-member panel was mandated to find a scientifically-backed limit for THC in blood and suggest what provisions should be put in the law to define when a driver is impaired by cannabis.

The members of the commission include a toxicologist, a law enforcement officer, a medical cannabis patient, doctors and cannabis use and traffic experts.

This panel wrote in its report that there was no scientific information upon which they could base a decision on how much THC in someone’s blood renders that person impaired while driving.

Additionally, the commission stated that there wasn’t any correlation between the amount of THC present in a driver’s blood and driving impairment.

The members also observed that according to the research they reviewed, the THC content in someone’s blood drops rapidly shortly after the person consumes cannabis. Conversely, impairment increases slowly and reaches its peak long after THC levels have dropped in that individual’s blood.

The issue of impairment is also affected by someone’s history of cannabis consumption. For example, a non-regular user of cannabis may become impaired after taking a small amount of marijuana.

However, a more regular user may require a larger dose of the substance in order to be impaired to the same degree as the individual who is an irregular user and consumed a little cannabis. Consequently, the commission recommended that the THC level in someone’s blood was a poor determinant of whether that person was driving while impaired.

The panel then suggested that roadside sobriety tests should be used as a more reliable way to determine if a given driver is impaired or not. This suggestion brings to mind the sobriety tests that are administered to drivers who are suspected of driving under the influence of alcohol.

How then can a police officer distinguish between impairment due to alcohol and impairment due to cannabis consumption? A blood test administered once a person fails the sobriety tests can help to distinguish between impairment caused by cannabis and that caused by alcohol.

The findings of this commission bring to question the decision of the states that set a THC threshold to determine when a driver is impaired by cannabis.

For example, Colorado, Montana and Washington State put the threshold at 5ng/ml. Nevada put the limit at 2ng/ml while Pennsylvania set its limit at 1ng/ml. How were these limits arrived at?

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) and SinglePoint, Inc. (OTCQB: SING) applaud the commission for looking at the available scientific data and then making an objective decision without being influenced by what other states have done to define driving while impaired by cannabis.

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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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420 with CNW – Mexican Government Official Uses Twitter to Measure Public Opinion on Cannabis Legalization

March 29, 2019 15:20:40

The Mexican Secretary of Security and Citizen Protection took to Twitter on Monday (March 25) to ask citizens to share their opinions regarding whether recreational cannabis should be legalized in the country or not. The cabinet official oversees the federal police, intelligence services and prisons.

Less than 24 hours after the poll was initiated, 81 percent of all the respondents said that adult-use marijuana should be legalized while 19 percent said that it shouldn’t be legalized. More than 82,000 people had participated in this survey by that time, so those percentages should not be taken lightly.

It wasn’t immediately clear what the intention of the government was in doing the survey, and it is not clear what they will use the findings for. Whatever their reasons, the social media poll can be seen as further proof that the federal government in Mexico is serious about reforming its marijuana laws.

Last year, one senator tabled a bill to legalize recreational marijuana in the country. That senator is now the Interior Secretary of the country.

Shortly afterwards, the Senate released a report listing the different aspects that lawmakers should keep in mind when drafting a bill to legalize recreational marijuana. These included product labeling, age-restrictions, modes of consumption to be allowed, THC limits, and so many others.

That report didn’t make any specific recommendations about what the law should stipulate. Instead, it outlined the different areas that the proposed legislation should cover. This report was based on what other jurisdictions around the world have looked at while drafting their own marijuana legalization laws.

It should also be remembered that in 2018, Mexican cabinet members visited Canada in order to talk to officials there about the Canadian recreational cannabis legalization program.

This cabinet visit took place shortly before the Supreme Court in Mexico made a ruling that it was unconstitutional to ban the consumption of marijuana by adults.

The Twitter poll may therefore be regarded as something that will further galvanize the lawmakers to discuss the legalization bill with the knowledge that the public is solidly in support of the legislation.

However, it should be noted that social media polls cannot in any way be seen as representative or scientific, so any findings collected from such a poll may not stand up to rigorous scrutiny. Nevertheless, the cannabis industry, including Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) and Sugarmade, Inc. (OTCQB: SGMD) regard the poll by a cabinet member as a signal that robust discussions are taking place to decide what form cannabis legalization in Mexico takes.

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NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Subsidiary Offers Innovative POS Solutions to Restaurant Industry

March 29, 2019 14:44:49

Global technology and value-added solutions group Net Element (NASDAQ: NETE), through its wholly owned subsidiary Aptito, delivers comprehensive business-management solutions and cloud-based point of sale (“POS”) for the restaurant industry. A recent article discussing the company reads, “A quality POS system ensures quality service, whether it’s used in a gourmet restaurant or a quick service restaurant (http://nnw.fm/r47Ug). In the second case, customers are looking for quick services and convenience, and having to wait for a payment to be processed takes away from that experience. . . . Innovative POS solutions like those provided by Aptito are also a good choice for small restaurants, startups and businesses trying to establish their market positions with limited budgets.”

To view the full article, visit http://nnw.fm/WTOt2

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 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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NetworkNewsBreaks – Sugarmade Inc. (SGMD) Strengthens Market Position via Planned Acquisition as Cultivation Supplies Shortages Rise

March 29, 2019 14:02:38

Sugarmade (OTCQB: SGMD) recently announced a planned acquisition of Sky Unlimited LLC, a major supplier to large commercial agricultural cultivation operations. An article discussing the company reads, “The acquisition is anticipated to generate new revenue streams from wholesale and commercial clients in both the traditional hydroponic markets and industrial hemp. . . . In a news release, Jimmy Chan, CEO of Sugarmade, noted that Sky Unlimited recently received new shipments of many critical grow supplies for the booming hemp cultivation sector; nonetheless, farmers are advised to order as soon as possible. Many items are experiencing long lead times, and backorders are growing. It’s possible that many cultivators will not be able to meet their planting goals due to lack of materials to support cultivation.”

To view the full article, visit http://nnw.fm/8u1Xa

About Sugarmade Inc.

Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include BizRight LLC, Athena United, and 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 – MustGrow Biologics Corp. Seizing Opportunity in Biopesticides, Fertilizers

March 29, 2019 13:30:46

Agricultural biotech company MustGrow Biologics remains driven to find inventive solutions that have extensive applications within agriculture. The company is currently developing and commercializing its patented natural biopesticide. A recent article discussing the company reads, “Recently, MustGrow Biologics president and chief executive officer Corey Giasson commented on the significant opportunity in biopesticides and fertilizers. The company is advancing its pesticide and fertilizer labels using the Health Canada-defined ‘Purposes’ as a foundation. These are in place to see (http://nnw.fm/7cNDc) that ‘the requirements of the Pest Control Products Act and the Cannabis Act related to the use of pest control products (PCPs) are met.’ MustGrow Biologics is working with Health Canada to develop a family of approved biopesticides and fertilizers to ensure that Canadian cannabis license-holders are using science-based products to grow cannabis.”

To view the full article, visit http://nnw.fm/5knL4

About MustGrow Biologics Corp.

MustGrow Biologics is an agricultural biotech company that develops and commercializes patented technology, which is a 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 – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Looks to Radically Increase Production Capacity Based on Initial Grow Results

March 29, 2019 12:47:42

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), is eyeing significant potential based on initial grow results at its Toronto production facility. A recent article discussing this reads, “Since going public in July 2018, with a focus on its goal of becoming a global competitor in the cannabis beverage and edibles realm, Sproutly has reached a significant milestone at its production facility in Toronto, called Toronto Herbal Remedies. Notably, the company completed its first two harvests of its premium quality, small-batch cannabis. These batches produced ‘highly efficient yields for an initial grow,’ according Bryan Semkuley, president of Sproutly Canada. If the production results of these initial high-quality batches are replicated across all 12 of Toronto Herbal Remedies’ flowering rooms, the company will be able to radically increase its production capacity (http://nnw.fm/4eTGv).”

To view the full article, visit http://nnw.fm/aM9qD

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. Its 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, 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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NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Eyeing Potential to Expand Yield Capabilities, Overall Market Presence

March 29, 2019 12:17:28

Full-scope, premium-cannabis company Green Hygienics Holdings (OTCQB: GRYN) is eying potential to expand its yield capabilities and overall market presence through a lucrative property acquisition. A recent article discussing the company and the 824-acre tract of land located near San Diego, California, reads, “The Potrero Ranch property boasts expansive grassland pasture surrounded by a curtain of neighboring mountains, providing a natural privacy screen. The other natural elements of the area, including a plentiful water supply, rich soil and altitude, are all conducive to achieving the company’s goal of growing and marketing premium-grade cannabis (http://nnw.fm/Yc6Ng).”

To view the full article, visit http://nnw.fm/0IaU5

About Green Hygienics Holdings Inc.

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 – Earth Science Tech Inc. (ETST) Consultant Is Perfect Fit to Improve Shareholder Communication, Progress on CSE Listing

March 29, 2019 11:38:51

Innovative biotechnology company Earth Science Tech Inc. (OTCQB: ETST) recently employed Derek Lindsay as a consultant to assist the company in pursuing a potential dual listing of its common shares on the Canadian Securities Exchange (CSE). A recent article provides thoughts from ETST president and chairman Nickolas Tabraue on Lindsay’s effectiveness, where he states, “We believe Derek’s expertise makes him the perfect fit to ensure that we improve communication with our shareholders and progress on the CSE listing. I plan on sharing further updates as we advance this initiative.”

To view the full article, visit http://nnw.fm/9iyHU

About Earth Science Tech Inc.

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FinovateSpring 2019 to Showcase Fintech Disrupters in San Francisco

March 29, 2019 11:28:21

If you’re going to San Francisco, there’s no need to wear flowers in your hair, as the spring fever in fintech that is likely to grip you as FinovateSpring 2019 gets underway may be just as exhilarating. From Tuesday, May 7, to Friday, May 10, another confab in the Finovate series will showcase real-world solutions and insights from today’s fintech disrupters at the Hilton San Francisco in Union Square (http://ccw.fm/1B7Be).

Over 1,300 attendees are expected to congregate at the fintech forum. They will be addressed by a roster of 120+ speakers and treated to demos from over 60 fintech outfits racing to redraw the financial services landscape. Expect to hear how artificial intelligence is…

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The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands 7ACRES Cannabis Growing Space

March 29, 2019 11:09:27

7ACRES cultivation facility’s increase in space set to grow production capacity by 50 percent, reaching approximately 26,250 kg
BMO Capital Market analysts initiated coverage of The Supreme Cannabis Company at Market Perform
The company is set to launch its line of premium cannabis oil products in April 2019

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading company in the cannabis industry that’s committed to providing premium brands and products, is seeking to grow the world’s best cannabis and become a leader in the global industry. As legalization spreads around the world, the cannabis industry continues to evolve from a market once limited to illicit recreational activity into one marked by innovative products utilized for myriad purposes, including medicinal, pharmaceutical, and health and wellness applications. Investors are realizing the lucrative potential of cannabis products, and companies such as The Supreme Cannabis Company are poised to become industry leaders.

Recently BMO Capital Markets analysts Tamy Chen, CFA, and Peter Sklar, CPA, initiated coverage of The Supreme Cannabis Company at Market Perform. This included a C$2.50 per share price target, which represented a 15 percent premium to the…

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) (OTC: LXRP) Utilizes Disruptive Technology for Improved Delivery of Bioactive Compounds

March 29, 2019 11:08:34

Biotechnology company and drug-delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTC: LXRP)utilizes disruptive technology for the improved delivery of bioactive compounds. A recent article discussing this reads, “Lexaria’s technology has been shown to be effective in numerous global studies, significantly assisting rapidity and quantity of absorption for a range of lipophilic (fat-soluble), bioactive molecules. In essence, the company disrupts the manner in which cannabinoids enter the bloodstream through the gastrointestinal tract (http://nnw.fm/Fq0to). Lexaria’s emphasis on oral ingestion provides a practical and often healthier option to other delivery methods for bioactive substances used extensively today. This includes inhalational delivery via smoking.”

To view the full article, visit http://nnw.fm/h10OH

About Lexaria Bioscience Corp.

Lexaria Bioscience has developed and out-licenses its disruptive 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 United States and 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, nonsteroidal anti-inflammatory drugs (NSAIDs), nicotine and other molecules. For more information, visit the company’s website at www.LexariaBioscience.com.

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Green Hygienics Holdings Inc. (GRYN) Opens Escrow on Potential Cannabis Cultivation Ranch

March 29, 2019 10:48:47

Green Hygienics Holdings is planning to buy a San Diego-area ranch that occupies over 824 acres of flat grassland pasture
The company is targeting the medical and recreational-use cannabis markets in California, which combine to make up the largest legal marketplace for cannabis sales
GRYN anticipates that it could harvest 1,200 to 1,500 pounds of hemp per acre in two growing seasons each year

Premium cannabis cultivation company Green Hygienics Holdings Inc. (OTCQB: GRYN) announced on March 18 that it has opened escrow for the purchase of a ranch property near San Diego that will provide its growing operations with over 824 acres of flat, native grassland pasture sheltered by surrounding mountains (http://nnw.fm/sr07I).

The company is targeting the California medical and adult recreational-use markets for the plant whose growing popularity has driven changes in governmental drug-use policies on a…

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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BriaCell Therapeutics Corp. (OTC: BCTXF) (TSX.V: BCT) to Release Early Efficacy Data from Combination Study at AACR Annual Meeting

March 29, 2019 10:21:18

BriaCell has achieved proof of concept for its lead cellular immunotherapy product, Bria-IMT, which targets advanced breast cancer
Combination study pairing KEYTRUDA with Bria-IMT is ongoing, with initial efficacy data for the first six patients to be released at AACR Annual Meeting
BriaCell has closed the first tranche of a previously announced non-brokered private placement, raising gross proceeds of C$750,000

BriaCell Therapeutics Corp. (OTCQB: BCTXF) (TSX.V: BCT), a clinical stage biotechnology company specializing in targeted immunotherapy for advanced breast cancer, will present an analysis of the initial efficacy data compiled during a combination study that pairs Bria-IMT, the company’s lead cellular immunotherapy candidate, with pembrolizumab (KEYTRUDA, manufactured by Merck & Co. Inc.) in advanced breast cancer. Data is now being finalized and will be shared via press release and in conjunction with BriaCell’s poster presentation at the American Association for Cancer Research (AACR) Annual Meeting in Atlanta, Georgia, on April 3 (http://nnw.fm/nc1HL).

“The early efficacy data of the first six patients in our Phase I/IIa study of Bria-IMT with KEYTRUDA represents an important milestone for BriaCell as a rapidly advancing company with an…

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As Cannabidiol-Infused Beverage Market Grows, Youngevity International Inc. (NASDAQ: YGYI) Launches Two Relevant Products

March 29, 2019 10:05:23

The two new cannabidiol-infused coffee brands from Youngevity are expected to become available in May, allowing the company the opportunity to establish a solid presence within the expanding market
The first brand, HempFX, will be a direct sales product, while Javalution is set to become available later in May for retail store distribution
The company is cultivating a market that appeals to the over 100 million coffee drinkers in the U.S. who are also aware of the benefits of cannabidiol-infused beverages

The U.S. market for cannabidiol-infused beverages is expanding rapidly, with forecasts calling for a valuation of $260 million by 2022. The revenue from such products could outpace all other industry representatives, capturing almost 20 percent of the edibles market by 2022, per industry data (http://nnw.fm/QPd6d).

There are several reasons for the growing popularity of such beverages. Legalization measures in the U.S. are the first and most prominent reason why the market is anticipated to grow. In addition, consumers are…

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 – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Issues Commentary on Congressional Committee Approval of Cannabis Banking Bill

March 29, 2019 09:57:52

Royalty company serving the U.S. licensed medical cannabis industry FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) today provided commentary on the announcement of The Secure and Fair Enforcement (SAFE) Banking Act (H.R. 1595). On March 28, 2019, the bill was approved by the House Financial Services Committee, and it will now advance to the House floor for deliberation by the full legislative assembly. If passed, the bill will allow financial institutions to legally provide services to cannabis-related businesses operating in compliance with state laws. “This bill represents an important development in the continuing evolution of the industry,” FinCanna Capital CEO Andriyko Herchak stated in the news release. “As an investor in several rapidly emerging companies we know that access to banking services will significantly reduce transaction costs and increase the growth potential for businesses across the sector. Importantly, it also supports both safety and transparency for industry participants in what has been historically a cash-only enterprise.”

To view the full press release, visit http://nnw.fm/Nxf3m

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NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) to Host Q4 2018 Conference Call and Webcast

March 29, 2019 09:56:50

Canadian cannabis cultivation firm The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) this morning announced that it will release its fourth quarter 2018 results after close of the financial markets on April 4, 2019. In addition, the company will host a conference call and webcast to review the results, with a question-and-answer session to follow. The call and webcast are scheduled to take place on Thursday, April 4, 2019, at 5:00 p.m. Eastern Time. Interested parties may access the call via the toll-free number at 1-877-705-6003 or the toll/international number at 1-201-493-6725, and a webcast will be availabile at www.Flowr.ca/Investors. A webcast replay will be made available via Flowr’s website, and a telephonic replay will be available later on April 4 through April 18, 2019. Interested parties may access the archived call by dialing toll free at 1-844-512-2921 or toll/international at 1-412-317-6671 and entering replay pin 13689126.

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

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, BC, 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 a spirit of innovation is expected to enable it 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 – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Achieves Significant Milestone in Continuous Production

March 29, 2019 09:55:46

Fully integrated oil and gas company Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) on Thursday announced its achievement of continuous production in excess of 500 barrels a day over the last two weeks. This is a significant milestone for Petroteq, as it demonstrates the commercial viability of its first in kind technology, as well as its disruptive potential, providing the company a competitive advantage and licensing opportunity in the clean extraction of oil sands. One of the first companies to produce oil from Utah’s multi-billion barrel surface bitumen oil sands, Petroteq has the potential to be a leader in the oil sands play in coming years. “I am exceedingly pleased with our performance, it took us a couple of weeks longer than expected due to delays in delivery of equipment by third party vendors,” Petroteq CEO David Sealock stated in the news release.

To view the full press release, visit http://nnw.fm/juXG4

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. Our proprietary process produces zero greenhouse gas, 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 facility located near Vernal, Utah. In addition, the Company, through its wholly owned subsidiary PetroBLOQ, LLC, is seeking to develop the first blockchain based platform created exclusively for the supply chain needs of the oil & gas sector. 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 – Nightfood Holdings Inc. (NGTF) Expands Distribution Footprint, Completes Second Production Run for Nightfood Ice Cream

March 29, 2019 09:54:45

In back-to-back news releases, Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, announced that it has secured retail distribution in North and South Carolina and has completed its second production run for all eight flavors of its Nightfood ice cream. The company has partnered with distribution firm Merchants Distributors, LLC (“MDI”) in a move that has greatly expanded its potential retail footprint across the southeastern United States. “MDI provides distribution to stores throughout the southeast,” Jim Christensen, VP of ice cream sales for Nightfood, stated in yesterday’s news release. “Initial distribution has been secured in a top-50 chain in the Carolinas and product will start hitting shelves in that retailer as early as next week.” In reference to the completion of its second production run, Nightfood indicated that all of its online back-orders are scheduled to ship early next week, with e-commerce shipping returning to normal thereafter. “It’s important to point out that we were never on back-order for our wholesale customers, which is the focus of our business,” Christensen added in this morning’s update. “In fact, we shipped several pallets to a new distributor last week when this run was just getting underway.”

To view the full press releases, visit http://nnw.fm/qw7G4 and http://nnw.fm/nek3T

About Nightfood Holdings

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SinglePoint Inc. (SING) Subsidiary ShieldSaver Launches Comprehensive Automotive Glass Space App

March 29, 2019 09:33:19

The newly developed ShieldSaver app simplifies windshield changes and the selection of reputable service providers in the automotive glass industry
In an underserved market, the app is providing customers with opportunities that were previously unavailable
The automotive glass industry is anticipated to continue growing rapidly in the years to come after reaching $12 billion in 2017

ShieldSaver, a subsidiary of technology and investment company SinglePoint Inc. (OTCQB: SING), recently announced the launch of a new mobile app for the automotive glass space (http://nnw.fm/9Rr5l). Currently, ShieldSaver is operational at Sacramento International Airport and Wally Park’s Denver International Airport.

SinglePoint acquired ShieldSaver in 2018 with the goal of disrupting the $12 billion automotive glass industry. The ShieldSaver platform went through a complete overhaul that took nine months to…

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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Data, Connectivity, Safety Now Integral in Automotive Technology

March 29, 2019 08:00:47

NetworkNewsWire Editorial Coverage: Technology is transforming the automotive industry.

Data is changing vehicle manufacturing and the way customers buy.
Connectivity is transforming the relationships between customers and their vehicles.
New technology such as blockchain provides alternative approaches to existing issues.
The change affects entire value chain, from manufacturing to maintenance and sales.

Some of the innovation feeds off ideas from other industries, such as the vehicle repair app created by SinglePoint Inc. (OTCQB: SING) (SING Profile). Innovation is also focused on marketing solutions, as with Bitauto Holdings Limited (NYSE: BITA), and sales. PowerBand Solutions Inc. (OTCQB: PWWBF) (TSX.V: PBX) is providing the automotive industry with an effective, innovative alternative to physical auctions as a method to buy and sell vehicles. A leading provider of connected-car and location-based services, Telenav Inc. (NASDAQ: TNAV) just announced that it is integrating Amazon Alexa into its automotive navigation system offering. And Autoliv Inc. (NYSE: ALV) has dedicated itself to the mission of…

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DISCLAIMER: NetworkNewsWire (NNW) 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 NNW are solely those of NNW. Readers of this Article and content agree that they cannot and will not seek to hold liable NNW for any investment decisions by their readers or subscribers. NNW is a news dissemination and financial marketing solutions provider and are NOT registered broker-dealers/analysts/investment advisers, hold no investment licenses and may NOT sell, offer to sell or offer to buy any security.

The Article and content related to the profiled company represent the personal and subjective views of the Author, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, NNW, or any of their respective affiliates, guarantee the accuracy or completeness of any such information. This Article and content are not, and should not be regarded as investment advice or as a recommendation regarding any particular security or course of action; readers are strongly urged to speak with their own investment advisor and review all of the profiled issuer’s filings made with the Securities and Exchange Commission before making any investment decisions and should understand the risks associated with an investment in the profiled issuer’s securities, including, but not limited to, the complete loss of your investment.

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and NNW undertakes no obligation to update such statements.

NetworkNewsAudio – Genprex Inc. (NASDAQ: GNPX) Establishing Itself as a Trailblazer in Breakthrough Cancer Treatments

March 29, 2019 07:55:47

Related Editorial
Pharmaceutical companies are now employing advanced medical breakthroughs and new technologies, including gene therapies and nanoparticle engineering, to fight every type of cancer.

Gene therapies are being developed to more effectively target the treatment of cancer.
Non-small cell lung cancer (NCSLC) is the leading cause of cancer death.
Genprex Inc. is advancing Oncoprex, shown to benefit lung cancer patients in early trials.

A multiplicity of potential breakthrough treatments to fight cancer are in varying stages of clinical development, and many are focused on the promise of advanced gene therapies. Genprex Inc. (NASDAQ: GNPX) (GNPX Profile) is working to bring its potentially life-changing immunogene therapy, Oncoprex, to market. Pfizer Inc. (NYSE: PFE) just gained Food and Drug Administration (FDA) approval for TRAZIMERA(TM), and Tocagen Inc. (NASDAQ: TOCA) is studying Toca 511. Novartis AG (NYSE: NVS) scientists are exploring immunotherapy matchmaking. Other biotechnology companies such Audentes Therapeutics Inc. (NASDAQ: BOLD) are developing innovative gene therapy products for patients living with life-threatening rare diseases.

To view the full editorial, visit http://nnw.fm/l6Q3Z

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CannabisNewsAudio – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Ideally Positioned as the Healing Power of CBD Gains Awareness

March 29, 2019 07:53:39

Related Editorial
Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market.

$22 billion-plus CBD market could eclipse broader cannabis market
Growing consensus about health benefits backed by clinical work, personal endorsements
CBD found in everything from beverages and dog treats to pharmaceuticals and wellness products

The opening of the CBD floodgates represents a huge opportunity for plant-based wellness and health-product developers such as Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) and Green Growth Brands Inc. (OTCQB: GGBXF) (CSE: GGB), a lifestyle-oriented developer of cannabis and CBD consumer products. Similarly, some of the fastest-growing producers in the industry today, such as Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), Green Organic Dutchman (OTCQX: TGODF) (TSX: TGOD) and HEXO Corp. (NYSE: HEXO) (TSX: HEXO) all stand to benefit as the rising tide of the CBD market continues to see tremendous growth for a number of reasons.

To view the full editorial, visit http://cnw.fm/J1Fh0

To hear the CannabisNewsAudio version, visit http://cnw.fm/aN7GS

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420 with CNW – Why Ohioans Aren’t Rushing to Buy Medical Cannabis

March 29, 2019 03:20:30

Medical cannabis has been available in Ohio for about three months now, but the latest data shows that the 20,000 people registered on the program haven’t displayed much eagerness to buy all the cannabis available at dispensaries. Here are some reasons that could explain this lack of buyer enthusiasm.

High Product Prices

One major concern for Ohio medical cannabis patients is the high prices being levied for medical cannabis products. On average, an ounce of cannabis costs $470. This is twice the cost of medical cannabis in Michigan.

Why is Michigan significant in this case? Patients from Ohio and other states can use their medical cannabis cards to buy medical marijuana in Michigan. It is therefore regrettable that the products in Ohio are so expensive.

This high cost can be attributed to the high licensing fees levied, as well as the rigid product packaging and testing requirements imposed by the state.

Dispensaries Aren’t Evenly Distributed

Ohio licensed 56 dispensaries. So far, only nine have opened their doors to patients. Unfortunately, all those nine are found on the Eastern side of the state.

Patients must therefore drive for several hours in order to find a dispensary and buy the products they need. Obviously, not many of the patients have felt the urge to endure those long drives.

Sales may therefore remain lukewarm until more dispensaries open closer to the patients who need the products available.

Unfavorable Possession Rules

Another major factor that can explain why patients aren’t buying as much medical cannabis as the state would expect is that the rules restrict a patient to just 90-days’ worth of cannabis. However, the clock starts ticking on those 90 days from the time you get your prescription from a doctor.

This means that every day you take without buying the maximum amount of cannabis allowed reduces the quantity that you will buy when you eventually visit a dispensary.

For example, a patient who goes to a dispensary 60 days after getting their prescription can only buy medical cannabis that can last a maximum of 30 days.

Furthermore, the high cost of cannabis means that patients may find it hard to buy a large amount of cannabis during one visit to a dispensary.

A Limited Range of Products

The law bars patients from smoking medical marijuana. However, only dried flower is currently available in the dispensaries that have so far opened.

This means that patients who want cannabis oil, tinctures, patches, lotions and edibles cannot spend any money on cannabis products until what they want is available.

All these issues show that the medical marijuana program has gotten off to a rocky start. Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) and Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) hope that the medical cannabis program matures quickly so that each patient can get what they want at an affordable cost.

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420 with CNW – Proposed Bill Aims to Make Illinois Medical Cannabis Program Permanent

March 28, 2019 15:20:20

A bill sponsored by Rep. Bob Morgan seeks to make the pilot medical program in Illinois permanent. The bill also has provisions to include more qualifying conditions for the program.

The pilot program was approved in 2013 and lawmakers expanded as well as extended its duration to mid-2020.

Under the existing program, patients who suffer from one or more of the 40 qualifying conditions can buy a maximum of 2.5 ounces of medical cannabis every fortnight as long as a doctor approved their enrollment on the program.

It should be noted that law enforcement agencies haven’t raised any red flags about the program. For example, no reports have emerged of people using medical cannabis when they aren’t licensed to do so.

In contrast, the program has received a lot of praise from patients because those patients have been able to wean themselves off of stronger prescription drugs as a result of using medical cannabis.

Currently, about 58,000 people are registered on the medical marijuana program. However, this number is small when compared to the number of patients on the medical cannabis programs of other states.

One of the reasons for the low enrollment in Illinois is that chronic pain isn’t one of the qualifying conditions for which someone can enroll on the program.

This is set to change if Morgan’s bill becomes law. Chronic pain, migraines, autism, irritable bowel syndrome, osteoarthritis and several other conditions will be added to the list of qualifying conditions.

The bill also wants to make it possible for doctors to receive payment from patients or medical marijuana businesses. This payment is necessary because a lot of responsibility is given to doctors and yet no compensation was prescribed for the services that they offer to keep the medical marijuana program running.

However, the bill clearly states that doctors will not be paid for making medical cannabis referrals. Instead, they can be paid for conducting medical cannabis research.

Notably, the bill tabled by Rep. Morgan also wants to put in place mechanisms for veterans to access medical marijuana. Veterans need special attention in this regard because marijuana is still illegal under federal law, so Veterans Affairs doctors cannot prescribe it.

Morgan’s bill wants medical marijuana to be available to veterans as an alternative to the opioids that the veterans take to deal with chronic pain.

If all goes according to plan, the bill introduced by Morgan may be passed by fall. MustGrow Biologics Corp. and Net Element, Inc. (NASDAQ: NETE) hope that Rep. Bob Morgan’s bill sails through so that patients aren’t left wondering what will happen to them once the pilot medical cannabis program runs its course.

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NetworkNewsBreaks – All Signs Point to Future Growth for Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8)

March 28, 2019 14:26:34

Kontrol Energy (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector, was recently featured in an article authored by Equity Insight titled ‘Can Shares of Kontrol Energy Increase over 200% in 2019?’. According to Fundamental Research Corp, future accomplishments could result in a surge of more than 200% in the company’s share price. Among other highlights, the article shines a light on recent developments such as a major deal secured by the company with Toyota Tsusho Canada (“TTCI”) earlier this week to implement Smart Factory technology solutions. In addition, CEO Paul Ghezzi was interviewed by Stuart Smith of NetworkNewsWire in December to discuss the company’s revenue and growth strategies (http://nnw.fm/wNen2). “Revenue growth has been amazing and when investors see us turning cash flow positive, that will be the next milestone. The next goal for us would be to become an attractive take out target or a mid-cap that pays a healthy dividend and continues to grow,” Kontrol Energy CEO Paul Ghezzi stated in the interview. Equity Insight wraps up the article by affirming Fundamental Research Corp.’s conclusion, stating, “It seems perfectly reasonable to think that KNR could trade up 211% to $2.44 from today’s closing price of $0.79.”

To view the full article, visit http://nnw.fm/nHmY1

About Kontrol Energy

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NetworkNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Looks to Greatly Expand Irgon Lithium Mine Historic Resource

March 28, 2019 14:08:03

British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ), with reported visual confirmation of considerable spodumene mineralization within first-phase core drilling samples, expects to greatly expand the historical published resource (1.2 million tons grading 1.51 percent Li2O) for its southern Manitoba lithium mining project. An article discussing this reads, “At least eight of the phase-one drill holes have been designed to confirm the grades and widths as documented by the historic drill results. This central area of the Irgon Dike is where the historic resource of more than a million tons of lithium oxide was calculated. This historical resource was calculated over a strike length of 365 meters (1,197.5 feet) and to a depth of only 213 meters (698.8 feet), according to a news release issued on February 27 (http://nnw.fm/No6Zj). The four remaining holes will explore the area west of the central portion of the Irgon Dike in a section coined the ‘western extension.’ Drill results from these holes are expected to complement previous surface sampling and confirm the continuity of the spodumene mineralization in this direction.”

To view the full article, visit http://nnw.fm/BTv7L

About QMC Quantum Minerals Corp.

QMC is a British Columbia-based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base, rare-metal and resource properties of merit. The company’s properties include the Irgon Lithium Mine project and two VMS properties, the Rocky Lake and Rocky-Namew, known collectively as the Namew Lake District Project. Currently, all of the company’s properties are located in Manitoba. For more information, visit the company’s website at www.QMCMinerals.com.

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NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Cultivating Rich Portfolio to Grab Opportunity, Market Share

March 28, 2019 13:12:38

Los Angeles, California-based Cannabis Strategic Ventures (OTC: NUGS) is leveraging a diverse brand portfolio to grab opportunity and garner a corner of the $10 billion cannabis and $900 million hemp industries. A recent article discussing this reads, “One of its major subsidiaries, Pure Applied Sciences Inc., has cultivated a rich portfolio of ultra-high quality products. Its main brand is PureOrganix, a line of organic and pure cannabis oils and related accessories. The brand is responsible for noteworthy products like a ‘redefined’ vape pen made from environmentally friendly materials, which features 400 percent more battery power than similar offerings from competitors. All PureOrganix products, also including batteries and apparel, conform to the most stringent current good manufacturing practices (“cGMP”) and meet FDA guidelines for active pharmaceuticals ingredients (“API”), an achievement that most small companies find extremely difficult to attain.”

To view the full article, visit http://nnw.fm/Ahde4

About Cannabis Strategic Ventures Inc.

Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over-the-Counter Market with the stock symbol NUGS. For more information, visit the company’s website at www.CannabisStrategic.com.

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

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NetworkNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Expand to Deliver Solutions to Oregon and Hawaii Markets

March 28, 2019 12:09:45

Global Payout (OTC: GOHE) along with its wholly-owned subsidiary MTrac Tech Corporation today announced Mtrac’s expansion into two new markets – Oregon and Hawaii. Oregon was one of the first U.S. states to legalize cannabis for adult recreational use, and Hawaii is legal for medicinal purposes only. National level legislation is being considered to provide protection to financial institutions that deal with cannabis, but many legal businesses remain cut off from basic banking services in the current environment. “We understand the range of concerns regarding the lack of financial solutions from all stakeholders in the industry, and we feel confident that the MTrac platform not only helps businesses to run normal payment operations, but our innovative system also allows banks to engage with businesses with less risk in the current regulatory environment,” MTrac COO Jason LeBlanc said in the news release. “There has never been a time when a multi-billion dollar industry lacked access to financial services, but this disconnect in the cannabis industry has created an opportunity for finance and technology to converge as a major problem solver, and we are thrilled to be delivering our solutions to the states of Oregon and Hawaii.”

To view the full press release, visit http://nnw.fm/YS0Np

About Global Payout, Inc.

Since the company’s inception in 2009, Global Payout, Inc. has been a leading provider of comprehensive and customized prepaid payment solutions. From 2014 to 2017 Global focused on identifying new state of the art technologies in a variety of industry sectors and successfully helped launch MoneyTrac Technology Inc. and other companies within the FinTech space. In 2018, Global completed a reverse triangular merger with MoneyTrac Technology Inc. resulting in Global retaining the wholly owned subsidiary, MTrac Tech Corporation. Global’s current focus is continuing to identify new business opportunities while it reorganizes its future business endeavors. For more information, visit the company’s website at www.GlobalPayout.com.

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

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Kentucky is Off to the Races with Plans to Become World-Class Technology Hub

March 28, 2019 11:59:56

Already famous for the Kentucky Derby and its sister competition, the Oaks, the Bluegrass State is racing ahead with plans to become a world-class technology hub. Taking place from April 29 to May 4, 2019, ‘Run for The Unicorns’ is a fintech forum on blockchain, virtual reality and similar technologies that’s set to galvanize Louisville, the state’s largest city. Held to coincide with the Kentucky Derby Festival, the networking and promotional event provides a platform for the state to showcase its strengths as a seeding ground for new business. Tech startups looking for a home will find the state’s business-friendly features a boon. If they are serious about transforming into unicorns, Kentucky is the place to be.

Run for the Unicorns, hosted by Convergence, is a confab that aims to put Kentucky on the startup map. It’s scheduled to get underway with a pre-conference hackathon & e-sports game jam powered by blockchain, artificial intelligence (AI) and extended reality (XR) technologies. Throughout its six-day itinerary, attendees will have the…

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Blockchain Goes Hollywood Planned to be a ‘Once-in-a-Lifetime’ Experience, Providing Access to Every Aspect of Blockchain Technology

March 28, 2019 11:37:42

The event will provide participants with useful insight from industry experts into real-life applications of blockchain technology, as well as current and future trends
Only 500 attendee tickets are available
Besides the actual conference, the event will include a celebrity charity poker tournament, as well as multiple networking opportunities, exhibitions, and VIP parties

Organizers of Blockchain Goes Hollywood, slated to be one of the year’s top blockchain events, announced the dates, location and other details of the conference in a press release issued on March 18, 2019 (http://ccw.fm/nOr6n). The event is expected to attract some of the world’s foremost and most innovative blockchain and cryptocurrency investors, experts and A-list celebrities for an exceptional, once-in-a-lifetime experience to be held from May 30 to June 2.

The unique event, founded by BlockNet Group CEO Robert Corriveau, will be held in two locations – the famous Bicycle Hotel & Casino and Universal Studios, which are also…

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NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Successful Launch of hempSMART CBD Products in the UK

March 28, 2019 11:35:18

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) today announced that its wholly owned subsidiary, hempSMART, Ltd., has successfully launched sales of the hempSMART(TM) product line in the United Kingdom during a March 23, 2019 London event. At the launch, the hempSMART UK team successfully sold out its entire promotional inventory and signed over 1,000 new associates with the company’s associate networking program. The official website of hempSMART UK is www.hempSMART.co.uk. “We are delighted to have launched our CBD product line hempSMART(TM) internationally this past week,” MCOA CEO Donald Steinberg stated in the news release. “HempSMART(TM) will continue to put in place the proper preparations to launch in additional EU countries moving forward.”

To view the full press release, visit http://nnw.fm/pQ0ls

About Marijuana Company of America Inc.

MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name ‘hempSMART’ that target 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.

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

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NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Green Light for Ancaster Greenhouse

March 28, 2019 11:33:11

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that Hamilton City Council approved its settlement offer and will allow TGOD to operate its Ancaster, Ontario cannabis greenhouse upon the Local Planning Appeal Tribunal’s confirmation of the settlement at a meeting scheduled for April 25, 2019. Once complete, the Ancaster combined facilities will have the capacity of growing 17,500 kgs of organic cannabis annually. “This is tremendous news for our company and for the city of Hamilton,” TGODF CEO and Director Brian Athaide said in the news release. “We are a global company that has its roots in Hamilton, and we are looking forward to expanding our production of high-quality, organic cannabis right here in our home town. This is important to TGOD’s ability to generate considerable near-term revenue while the company continues to approach its global planned output of 219,000 kgs.”

To view the full press release, visit http://nnw.fm/3e0dO

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. 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 and consistent product. TGOD has a planned global 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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Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Receives ‘Speculative Buy’ Rating, Plans Expansion

March 28, 2019 11:09:26

PLUS received a positive rating, in part, due to its anticipated move into cannabis baked goods and mints
PLUS is eyeing expansion into Oregon, Nevada and additional states in the future
According to retail sales data, PLUS was California’s number one cannabis-infused edibles brand in retail sales and units sold in Q3 and Q4 2018

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has received a ‘Speculative Buy’ rating in its initial coverage by Canaccord Genuity (“CG”), as well as a price target of C$8 (http://nnw.fm/wVUz2). Driving that positive report is the company’s planned move to expand its product line of cannabis edibles, such as gummies, into baked goods and mints.

PLUS may also offer its top-selling product lines beyond California into Oregon and Nevada. The company has also alluded to future growth into other markets, such as Massachusetts, Florida, Michigan and…

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 – Therma Bright Inc.’s (TSX.V: THRM) (OTC: THRBF) TherOZap(TM) Technology in Final Stage Testing Against Zika Virus

March 28, 2019 10:42:52

Medical device technology provider Therma Bright (TSX.V: THRM) (OTC: THRBF) this morning announced that it is in the final stages of in vitro testing and awaits the results of the TherOZap(TM) technology against the Zika virus. According to the update, a top research laboratory in Canada is conducting the testing, and Therma Bright expects to report further information as it becomes available. “To date the research lab has done an excellent job following protocol and testing our device with the aim of reporting statistically relevant results,” Therma Bright CEO Rob Fia stated in the news release. “Therma Bright made a number of improvements to the device for this testing and we look forward to reporting the test results of our TherOZap(TM) technology against the Zika in the near future.”

To view the full press release, visit http://nnw.fm/E7Iiz

About Therma Bright Inc.

Therma Bright is a progressive medical-device technology company focused on providing consumers with quality medical devices that address their dermatological needs. Clear and healthy skin for all is at the core of the company’s philosophy, as is the belief that such outcomes should not be a privilege for only those who can afford costly procedures and treatments. The company’s breakthrough proprietary technology delivers effective, noninvasive and pain-free skin care. For more information, visit the company’s website at www.ThermaBright.com.

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

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NetworkNewsBreaks – Global Consortium, Inc (GCGX) Exploring Opportunity to Take One of its Divisions Public in Canada

March 28, 2019 10:41:07

Global Consortium (OTC: GCGX) this morning announced that it is participating in ongoing discussions to take one of its divisions public in Canada, where it can receive a higher multiple and gain easier access to capital for expansion. Cannabis companies have thrived after going public on the CSE and dual listing in the United States, where opportunities exist at reasonable valuations while the country keeps cannabis in the grey area between state and federal government regulations. Utilizing the Canadian markets to raise capital would open growth potential currently being missed. Global’s CPA is nearly finished with consolidation of the financials, and upon completion, they will be forwarded to the company’s auditors for review. The company will file its Consolidated Annual Report by April 15.

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

About Global Consortium, Inc.

Global Consortium, Inc., is building America’s First Cannabis Mall, which when completed will house Manufacturing, Distribution, Delivery, Retail, Testing, and Cultivation all under one 64,000 square foot building. The Mall will house the largest Manufacturing facility of THC and CBD Distillate and Edibles believed to be operational in the United States. Global Consortium, Inc., in compliance with SEC regulations, may in the future use social media outlets like Facebook or Twitter and its own website to announce key information in compliance with Reg. FD. For more information, visit the company’s website at www.GCGX.org

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

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Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Bursting into US Energy Efficiency Market with Joint Venture, Acquisition Activity

March 28, 2019 10:34:42

Kontrol Energy Corp. is entering a joint venture with a Toyota Tsusho subsidiary to build technological efficiency solutions for automotive industry production
The joint venture with Toyota Tsusho Canada Inc. expects to launch pilot operations in April
Kontrol recently announced its entry into the asset and facilities management industry thanks largely to its acquisition of the SmartSite SAAS platform
The company also recently announced its seventh smart industry acquisition, noting that it expects its first such acquisition in the United States by the end of the year
The smart factory market is expected to grow at a CAGR of 9.76 percent to $244.8 billion in revenues by 2024

Smart energy efficiency platform developer Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) is building a presence in the U.S. market with a burst of activity that befits its core fundamentals for directing energy where it can be best used to greater gain. The Ontario, Canada-based disruptive digital tech company is attuning the power of its IoT product base to the automotive industry through a planned joint venture with Toyota Tsusho Canada Inc. (“TTCI”) that is expected to scale across North America on the heels of Kontrol’s announced entry into the global asset and facilities management industry and expansion of its acquisition targets into the U.S. market.

“We are pleased to enter a significant new vertical market opportunity with a strong global partner in TTCI,” Kontrol CEO Paul Ghezzi stated in announcing the joint venture company on…

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Youngevity International Inc. (NASDAQ: YGYI) Subsidiaries Poised for Increased Market Penetration in Lucrative Coffee and Cannabis Industries

March 28, 2019 10:01:42

Youngevity International named among ‘Top 100 Global Direct Selling Companies’
Khrysos Industries, one of Youngevity’s subsidiaries, recently acquired 45 acres of land geared for research and development, as well as hemp plant genetic research
CLR Roasters, another of Youngevity’s subsidiaries, has experienced burgeoning success within the coffee and espresso market

Youngevity International Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, expects to see continued growth in 2019 as a result of its powerhouse subsidiaries, which are increasing their industry presence through retail expansion and land acquisition.

The company, which has been named among the ‘Top 100 Global Direct Selling Companies’, holds a diversified portfolio of goods and services in a variety of markets. Specifically, Youngevity offers products in the…

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NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Enters MOU with Better Choice Company for Exclusive Distribution Rights to CBD Animal Health Products

March 28, 2019 09:38:07

British Columbia-based fully-integrated cannabis company Choom Holdings (CSE: CHOO) (OTCQB: CHOOF) this morning announced its entry into a memorandum of understanding (“MOU”) with Better Choice Company, Inc. for exclusive Canadian distribution rights to its cannabidiol (“CBD”) Bona Vida brand of products targeted for animal health and wellness once approved for sale in Canada. Better Choice offers a suite of CBD pet focused products in the form of oils and soft chews under its Bona Vida brand, with several formulations designed to aid the state of good health and well-being in pets. “We are excited that Better Choice has chosen us as their exclusive distributor in Canada for their pet focused CBD products,” Choom President and CEO Chris Bogart said in the news release. “We recognize the importance of growing our brand portfolio and having the sole distribution rights for Better Choice products helps us achieve that in an entirely new market on the horizon in pet use products. From what we know of in the United States, the CBD products for pet use market has proven to be a high margin business. As the normalization of cannabis-based products in Canada grows, consumers will begin to shift towards these new natural alternative treatments for their pets.”

To view the full press release, visit http://nnw.fm/Wu5bK

SAY HELLO TO CHOOM

The Choom brand is inspired by Hawaii’s “Choom Gang”- a group of buddies in Honolulu during the 1970’s who loved to smoke weed—or as the locals called it, choom. Evoking the spirit of the original Choom Gang, the brand is synonymous with cultivating good times with good friends. The company is focused on delivering an elevated customer experience through its curated retail environments, high-grade handcrafted cannabis supply, and a diversity of brands for the Canadian recreational consumer. For additional information on Choom™, please visit www.Choom.ca.

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

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NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) President Recognized on High Times’ List of the 100 Most Influential People in Cannabis

March 28, 2019 08:58:29

Supreme Cannabis Company (TSX.V: FIRE) (OTCQX: SPRWF) (FRA: 53S1) on Wednesday announced that its President and Founder John Fowler was recognized on the High Times list of the 100 Most Influential People in Cannabis. A pioneer in the industry, Fowler spent over a decade in the medical cannabis sector as a cultivator, influencer, patients-rights advocate and lawyer prior to founding Supreme Cannabis’ wholly-owned subsidiary, 7ACRES, in 2013. Fowler’s vision for 7ACRES was to create Canada’s leading premium cannabis flower brand and produce high quality cannabis on a commercial scale and, today, 7ACRES is one of Canada’s leading premium brands. Fowler also serves as vice chair, Adult Use and director of the Cannabis Council of Canada, the leading organization of the country’s licensed cannabis producers under Health Canada’s federal Cannabis Act. “It comes as no surprise to us at Supreme Cannabis, that John has been recognized by High Times as one of the most influential people in the cannabis space,” Supreme Cannabis CEO Navdeep Dhaliwal stated in the news release. “He is a pioneer in the cannabis industry and fierce advocate for patients-rights. The success of this sector and the opportunities it has created for Canadian businesses and consumers would not have been possible without trailblazers like John. Congratulations John and thank you for your infectious passion.”

To watch Fowler’s journey to 100 Most Influential People in Cannabis, visit http://nnw.fm/fSfg7

To view the full press release, visit http://nnw.fm/b8Fhh

About Supreme Cannabis

The Supreme Cannabis Company is a Canadian publicly traded company committed to providing premium brands and products that proudly reflect its consumers, people and uniquely innovative culture. The company’s portfolio includes its wholly-owned subsidiary and multi-award-winning brand, 7ACRES. 7ACRES is a federally licensed producer of cannabis operating inside a 440,000-square-foot facility in Kincardine, Ontario. 7ACRES is dedicated to providing consumers with a premium-quality product that recognizes its customers are informed, discerning and value a brand and culture that aligns with their principles. 7ACRES brand success has been reflected in its multiple award wins, including the “Brand of the Year” award at the 2018 Canadian Cannabis Awards, and in provincial supply agreements where 7ACRES’ product is consistently listed in the highest brand category available to recreational consumers. The company’s growing portfolio also includes an equity investment and long-term global distribution partnership with Lesotho-based Medigrow for the exporting of medical-grade cannabis oil. The Supreme Cannabis Company has been a leading innovator in the sector including the design of growing facilities and development of operational excellence metrics. Together with its flagship brand, proprietary technology and products, unique culture, and industry-leading team, the company seeks to deliver its shareholders consistent long-term value creation. 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 – Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 7IP) Closes $35M Private Placement of Debenture Units

March 28, 2019 08:55:02

Innovative Properties Inc., dba Nabis Holdings, (CSE: NAB) (OTC: INNPF) (FRA: 7IP) recently announced the completion of a private placement offering of debenture units of Nabis at the issue price of C$1,000 each for gross proceeds of $35,088,000, which includes the partial exercise of the Agents’ option. Each debenture unit consists of 1,111 common share purchase warrants and C$1,000 principal amount of unsecured convertible debentures that will mature on March 26, 2022 and will bear interest at 8.0% per annum, payable on the last day of each calendar quarter. Each warrant is exercisable to acquire one common share of Nabis at an exercise price of C$1.10 each until the maturity date, March 26, 2022. At the option of the holder, the convertible debentures are convertible at a price of C$0.90 per common share at any time prior to the maturity date. If the daily volume weighted average trading price of the shares on the Canadian Securities Exchange (“CSE”) exceeds C$1.65 for the preceding 10 consecutive trading days at any time after July 27, 2019, the company may force the conversion of all the principal amount of the outstanding convertible debentures. If the daily volume weighted average trading price of the shares on the CSE exceeds C$2.50 for the preceding 10 consecutive trading days, the company may accelerate the expiry date of the warrants. If the company chooses to exercise its warrant acceleration right, the new expiry date will at least 30 days following the notice of such exercise. The offering was co-led by Canaccord Genuity Corp. and Eventus Capital Corp., together with a syndicate of agents that included Desjardins Securities Inc. The agents received a cash commission of 6% of the gross proceeds of the offering, plus expenses, including legal fees. The agents also received 1,855,334 broker warrants, which consist of one common share and one warrant, each carrying the right to purchase one unit at a price of $0.90 each until March 26, 2021. The company intends to use the net proceeds from the offering toward funding cannabis related investments, strategic investment opportunities and for general working capital purposes.

To view the full press release, visit http://nnw.fm/adgJ8

About Innovative Properties Inc.

Innovative Properties Inc. (dba 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 (CSE: MPX), one of the largest takeovers in the U.S. Cannabis space to date, the company has 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, visit the company’s website at www.NabisHoldings.com.

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Cannabis Conference: Leading Cultivation and Dispensary Education Event Is Fast Approaching

March 28, 2019 08:52:00

In just 4 weeks, industry leaders will gather in Las Vegas for Cannabis Conference. March 31 is the final day to register for the conference online.

WHO: Produced by the award-winning publications Cannabis Business Times and Cannabis Dispensary, Cannabis Conference 2019 is the only North American conference focused exclusively on cultivators and dispensaries. Conference attendees will have the ability to get up close and personal with many of the brightest minds in the cannabis industry.

WHAT: Cannabis Conference 2019 will host 3,000+ industry professionals from 26 different countries. 40+ sessions will be led by 90+ cultivation, retail and business experts; and a sold-out expo floor spanning 70,000 square feet will showcase over 125 technology and solutions providers serving cannabis cultivation and dispensary businesses.

WHERE: Cannabis Conference will take place in Las Vegas, Nevada at the Westgate Resort & Casino, 3000 Paradise Rd, Las Vegas, NV 89109.

WHEN: April 1-3, 2019. Registration opens at 8:00 a.m. on Monday 4/1. All-Access Pass registrants will gain special admission to pre-show workshops on a variety of topics including expansion and franchising, biological control, supply chain management, extraction facility design, cannabis disease prevention and more.

WHY: Cannabis Conference 2019 will bring together more than 90 world-class speakers, including Jeremy Plumb, John Cochran, Leif Abel, Laura Day, Scott Reach, Wanda James, Sjoerd Broeks and more. In-depth educational programming completely focused on cultivation and/or dispensary business’s success will be offered. There will be daily networking and opportunities where attendees can personally meet with professionals from both ends of the supply chain. Pre-show workshops and post-show video access will be available to All-Access Pass registrants. The expo floor at Cannabis Conference will be more than 70,000 square feet and will showcase the industry’s latest cutting-edge technologies and solutions. This premier industry event will offer unprecedented insights into the dynamic global cannabis industry at a time when business growth and legalization are intersecting in new markets almost every day.

Note to Editors: Press passes are available. Interviews can be arranged with the editors of Cannabis Business Times and Cannabis Dispensary (which produce the Cannabis Conference), as well as with conference speakers. Speaker headshots and images from previous Cannabis Conference events are available.

Media contact: Brooke Bogdan, 216-393-0332 or [email protected]. Find more information on Cannabis Business Times’s Facebook, Twitter, Instagram, and LinkedIn. More information is also available on Cannabis Dispensary magazine’s Facebook, Twitter, Instagram, and LinkedIn. Visit www.cannabisconference.com.

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CBD Surges into Mainstream with New Products, Celebrity Endorsements and Emerging Consensus about Benefits

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March 28, 2019 08:00:04

CannabisNewsWire Editorial Coverage: Analysts at Brightfield Group see CBD (cannabidiol) gobbling up a sizeable chunk of a projected $100 billion nutraceuticals 2022 U.S. market.

Growing CBD market could eclipse broader cannabis market
Consensus about health benefits backed by clinical work, personal endorsements lead to heightened interest
CBD found in vast array of new products

As CBD moves into the mainstream, opportunities are likely to grow exponentially for a variety of companies, including plant-based health and wellness product developer Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile). Canadian company Tilray Inc. (NASDAQ: TLRY) is riding the wave by acquiring Manitoba Harvest, the world’s largest hemp foods company. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) recently announced it has closed a billion-dollar equity investment from an outside company. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) just received a cultivation license from Health Canada for its facility in New Brunswick. Aphria (NYSE: APHA) (TSX: APHA) also received additional licensing approval from Health Canada, permitting the company to commence production in…

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420 with CNW – Utah Moves to Hire Software Provider for Medical Marijuana Program

March 28, 2019 04:20:37

After passing a medical marijuana law in December 2018, Utah has now engaged high gear in moving towards implementing the program. The state is currently looking for a software provider who will design a two-part system that will, in effect, run the entire medical cannabis program.

One part of the system will track each medical cannabis plant from the time it reaches eight inches tall to the point when it is bought by a patient registered to use medical marijuana in the state.

Tracking the plants is important because the state will be sure that legally grown weed isn’t being channeled to the black market.

The second part of the software will be used to enroll patients on the medical cannabis program, store information about the prescriptions issued by doctors and keep track of how much medical cannabis each patient is buying.

The state will have a big decision to make regarding whether one provider will be sufficient for the two components of the medical cannabis system or multiple providers should be sourced for the different aspects of the system.

State officials want to select the firms that will provide the software by May so that the second half of the year is devoted to selecting medical marijuana cultivators. The deadline for starting to receive applications from patients who want to use medical marijuana is March 1, 2020, but the officials want to start receiving applications earlier than that date, if possible.

However, eyebrows have been raised about the plan to allow law enforcement to access the system. Advocates are concerned that the police or any other law enforcement agency (state or federal) may abuse that access they are granted.

The state insists that law enforcement will only be allowed to confirm whether someone is authorized to possess medical cannabis or not. Other details, such as the qualifying condition for which a patient got approval to use medical cannabis, will be inaccessible to law enforcement.

The software program is expected to cost anywhere from $2 million to $5 million. This amount will cover the cost of building as well as running the system for its first five years of existence.

To put this cost into perspective, think about what Pennsylvania spent for a similar system. The state spent $10.4 million for building and operating its system for five years.

However, Nevada spent approximately $816,000 to acquire and operate a traceability system for its medical cannabis program for four years. Traceability covers just half of what Utah is seeking, but you can get a picture of how the costs compare.

Marijuana Company of America, Inc. (OTCQB: MCOA) and Medical Cannabis Payment Solutions (OTC: REFG) hope that the provider selected designs and implements a system that will not be plagued by the glitches that have disrupted medical cannabis programs in other states.

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420 with CNW – New York Cannabis Legalization Process Hits Major Snag

March 27, 2019 16:20:05

The process of legalizing recreational marijuana in New York has hit a major snag with the announcement that it isn’t included in the state budget for 2020. This means that it may now be harder to pass the legalization bill as a standalone bill.

Gov. Andrew Cuomo (D) has been pushing to have the bill included in the state budget for 2020, but it seems things haven’t gone his way.

The major issue in the way of legalization appears to be disagreements regarding how the program will be implemented. For example, the legislators are sharply divided about the way in which the taxes from recreational weed should be spent.

Another source of disagreement is the insistence by people of color that measures should be included in the law to avail economic opportunities in the industry to the racial groups, such as African Americans, which suffered the most during the war on drugs. Expunging criminal records isn’t enough, they say.

Even Cuomo admits that the task of passing the bill will be harder now that it isn’t included in the budget. However, the Governor is still optimistic that discussions on legalization will continue at a slower pace and a law may be in place this year.

Before this setback, many legislators had expressed reservations about the possibility of reaching a consensus in time to include marijuana legalization in the budget. Their fears just materialized, and cannabis legalization just got a little harder to attain.

The setback in New York State comes just days before neighboring New Jersey was expected to vote on a bill that would legalize recreational pot. However, that vote was called off on Monday (March 25), to the disappointment of marijuana advocates.

The New Jersey vote cancellation was a strategic decision by the Governor, the State Senate leader and the head of the Assembly. They opted to delay the vote so that they work to secure sufficient support for the bill, rather than insisting that the vote happens and the bill fails to get enough support.

You can now see how the situation in New York State is similar to what happened in New Jersey. Both processes have slowed or stalled because of insufficient support or disagreements among legislators despite the overwhelming public support for legalization.

Green Hygienics Holdings Inc. (OTCQB: GRYN) and Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) urge the legislators in New York State to listen to each other and reach a compromise for the good of the people in the state.

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NetworkNewsBreaks – Cool Events Inc. (RNWR) Reports Strong Attendance at Signature Fun Runs

March 27, 2019 14:37:32

Cool Events (OTC: RNWR) today issued an update summarizing the company’s events over the weekend. Two of the company’s signature night-time fun runs took place on Saturday, March 23, attracting a combined total of approximately 27,000 participants. The Blacklight Run and Foam Glow 5K took place in Houston, TX and Anaheim, CA., respectively. “We love seeing so much enthusiasm and participation at our night-time fun runs so early in the season,” Cool Events CEO Bill Spata stated in the news release. “With our focus on bringing families together in fun, active, safe environments, we anticipate increased participation as we enter the summer high season.”

To view the full press release, visit http://nnw.fm/b8XAk

About Cool Events Inc.

Cool Events offers a variety of unique, experiential running and obstacle events that attract thousands of participants who share a passion for running and helping others. The company produced over 120 events in 2018 under the banner of five successful, touring brands. These include: Terrain Race, the country’s fastest-growing obstacle course race; Bubble Run, the largest daytime 5K run in the country; Blacklight Run, the largest glow-powder fun run in the world; Foam Glow 5K, the largest night-time glow run in the country and the world’s only glowing-foam run; and Blacklight Slide, the first and only nearly five story-high water slide with neon glowing water. Cool Events supports childhood cancer awareness and has donated more than $1 million to Phoenix Children’s Hospital/Children’s Miracle Network and other charities. For more information, visit the company’s website at www.CoolEvents.com.

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

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NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Eyeing 2019 as Pivotal for Company Development and Primary Shymanivske Project

March 27, 2019 11:25:42

Canadian iron-ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) is seeing 2019 as a pivotal year in a market experiencing increased demand. A recent article discussing the company and its Shymanivske Iron Ore project reads, “The Canadian iron-ore exploration and development company is looking forward to the initiation of construction at the iron-ore project in Ukraine. The ultra-high-grade, iron-ore mine is situated in the southern part of the KrivBass iron-ore mining district. The region is highly developed, and it features all of the necessary infrastructure for sustainable, cost-effective iron ore production.”

To view the full article, visit http://nnw.fm/eV1oe

About Black Iron Inc.

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

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CannabisNewsAudio – Sugarmade, Inc. (SGMD) Makes Swift Moves to Keep up with Rising Demand for Hydroponic Supplies

March 27, 2019 11:13:50

Related Editorial
Surging hemp market growth has created huge demand for hydroponic supplies.

Demand for CBD is driving a rise in hemp cultivation, much of which is done indoors using hydroponic equipment.
This hydroponic approach allows greater quality control over the cultivation process and the hemp.
Acquisitions and expansion are needed for hydroponic companies to keep up with demand.

Hydroponic supplier Sugarmade Inc. (OTCQB: SGMD) (SGMD Profile) has been making swift moves to deal with this demand, acquiring other supply companies and outlets. Canadian company Tilray Inc. (NASDAQ: TLRY) has acquired the world’s largest hemp foods company, giving it a strong position in a customer-facing part of the sector. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has set up a new hemp extraction and product manufacturing facility in New York state. Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has received a large boost in investment thanks to interest in the surrounding sector, providing fuel for future growth. Aphria (NYSE: APHA) (TSX: APHA) is looking beyond North America, with the acquisition of a European distributor.

To view the full editorial, visit http://cnw.fm/U7dK0

To hear the CannabisNewsAudio version, visit http://cnw.fm/45SsC

About Sugarmade, Inc.

Sugarmade, Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include BizRight, LLC, Athena United, CarryOutSupplies.com, and BudLife Cannabis Storage Solutions. 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 www.cnw.fm/SUGAR

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Blockchain Goes Hollywood Sets Up Connections at Exclusive VIP Event

March 27, 2019 10:45:04

Now that blockchain has become a blockbuster, it has made its way to Hollywood. To celebrate its celebrity status, Blockchain Goes Hollywood (“BGH”) will mark the blockchain buildout with a once-in-a-lifetime experience.

Come May 30-June 2, 2019, a huge blockchain block party goes down at two locations (http://ccw.fm/x28CN). The conference will take place in Universal City, home to the famous Universal Studios, which has been delighting movie goers all over the world with its productions since 1915. Meanwhile, the luxurious Bicycle Hotel & Casino, home to tournament series ‘Legends of Poker’, will be the venue for the planned poker tournament.

Over the four days, a limited number of 500 visitors will be treated to talks from 25 speakers, as well as demos from developers. The confab will offer unparalleled access to technology that …

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Earth Science Tech Inc. (ETST) Taking Strategic Steps in Anticipation of Rapidly Growing Market

March 27, 2019 10:36:19

Company’s product distribution is expected to reach a wider customer base in the United States
ETST is working to expand its distribution footprint in Latin America
Company reports successes for all four wholly owned subsidiaries

Biotech company Earth Science Tech Inc. (OTCQB: ETST), focused on the nutraceutical and pharmaceutical fields, is taking strategic steps in anticipation of a projected $16 billion market in the United States by the year 2025 (http://nnw.fm/1jTxN).

The company is increasing the size of its sales team and expanding its full-spectrum cannabidiol (CBD) product distribution. ETST continues to offer the highest purity and quality high-grade, full-spectrum CBD oil on the market, which has led to…

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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Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Completes Equity-for-Debt Swap

March 27, 2019 10:18:42

Redfund converts loan into equity position in Mary’s Wellness Ltd.
Company’s equity stake totals 5.55 percent of the cannabis-infused tea manufacturer
First year global sales for Mary’s Wellness Ltd. forecast to hit $12 million

The recent announcement by Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) of an equity-for-debt swap is a good indication of the merchant bank’s innovative approach to providing capital. It also sets up a win-win scenario for both the client, which benefits from reduced leverage and interest payments, and Redfund, which gets a shot at any upside. Arrangements like these demonstrate Redfund’s willingness to work with client companies and its adaptability to changing market conditions. The Canadian merchant bank provides debt and equity solutions to companies in the mid to late stages of development. Currently, Redfund is focused on providing financing solutions to companies in the medical cannabis, hemp, cannabidiol (CBD) and health care-related sectors.

The equity-for-debt swap converts C$100,000, extended to Mary’s Wellness Ltd. (“MWL”) as the first tranche of a convertible secured promissory note, into equity…

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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Net Element Inc. (NASDAQ: NETE) Delivers Specialized Payment Solutions to Address a Range of Restaurant Industry Challenges

March 27, 2019 09:57:14

Wholly owned subsidiary Aptito offers innovative business management and point of sale solutions
Multiple options are available for small restaurants, startups and other businesses operating on limited budgets
Company’s main focus is to improve customer satisfaction in an industry characterized by rapid growth and intense competition

Net Element Inc. (NASDAQ: NETE), a provider of innovative payment solutions, has developed a range of products that address the needs of the restaurant industry. Restaurant point of sale (POS) solutions are available to help industry representatives overcome various common issues and ensure the sustainable growth of their businesses.

Under wholly owned subsidiary Aptito, Net Element provides complete business management solutions and cloud-based POS for the…

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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Sugarmade Inc. (SGMD) Positioned to Benefit as Constraints in Cultivation Create Unique Investment Opportunities

March 27, 2019 09:35:21

As the acreage of cultivated hemp spikes this year, shortages in cultivation supplies are accelerating
Companies across the hemp cultivation supply chain are feeling the pinch; while most supply provider are privately-held, publicly traded Sugarmade Inc. stands to benefit via recently announced acquisitions
In addition, Sugarmade offers various other brands that add value to additional areas of the hydroponic cultivation arena; as a result, SGMD is poised to become one of the largest publicly traded suppliers

While behemoths such as Tilray (NASDAQ: TLRY), with it pending acquisition of hemp food company Manatoba Harvest; Aurora Cannabis (NYSE: ACB), with its plans to cultivate hemp in New York; and Canopy Growth (NYSE: CGC), via its new partnership with Martha Stewart, continue to grab the main hemp-related headlines across North America, there is another set of industry events that perhaps most investor are failing to notice.

The 2018 hemp cultivation season was significant, with tens of thousands of acres planted, but it is likely to pale in comparison to the acres being planned by the farming and investment communities for 2019. The hemp acreage forecast for 2019 is staggering. Wisconsin recently received more than 2,100 applications to grow or…

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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