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May 3, 2019 15:20:08

As more states move to legalize cannabis in the U.S., there is a tendency to think about marijuana in the same light as alcohol, and this sets up people to make a number of mistakes. Below are three things that you are likely to get wrong when you look at cannabis through the same lens as you think about alcohol.

Expecting Quick Results from Consuming Marijuana Edibles

When you take alcohol, it is fairly easy to know when you are approaching your limit and are now crossing into the realm of intoxication.

When some people consume cannabis edibles for the first time, they make the mistake of thinking that the products will produce immediate effects in a way that is similar to the timeline within which alcohol produces its effects.

What you may not know is that while alcohol can be absorbed by the stomach lining, cannabis edibles have to be digested and absorbed in the small intestine before you can notice the effects of the edible.

Consequently, it is possible to consume more than is needed to generate the effects that you want just because what you ate took long to kick in.

Expecting THC Concentration to Match Intoxication Levels

For decades, scientific data has existed showing that when someone’s blood alcohol level exceeds a certain concentration, then that person will be impaired. For this reason, courts have always upheld the charges against those found to be driving while under the influence of alcohol.

Many law enforcement agencies are taking the same view when determining driving while under the influence of marijuana. What these agencies don’t seem to appreciate is the fact that marijuana acts differently from alcohol.

It is therefore not possible for one to claim that someone was under the influence just because their blood had more THC than is stipulated as the legal limit.

Prosecutors are therefore likely to face a hard time from defense attorneys who bring into question the science behind the THC limits upon which intoxication is presumed.

Expecting Marijuana to Have the Same Effect

The effects of alcohol are fairly uniform across the different types. For example, someone who takes a certain number of glasses of wine is expected to be affected in a certain way. Similarly, one can predict how a given number of pints of beer will affect an individual.

However, the same cannot be said of cannabis due to the varying combinations and concentration of the components available in a given plant or strain. For example, the terpenes that give cannabis strains their flavor and taste can influence the effect of consuming that cannabis.

It is therefore erroneous to make generalizations about the effects of cannabis because it is hard to predict how the different cannabis products will react once consumed.

Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) and Net Element Inc. (NASDAQ: NETE) call for cannabis to be studied thoroughly so that the plant isn’t judged based on misconceptions borrowed from what is known about other substances.

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NetworkNewsBreaks – Why Hemptown USA Is ‘One to Watch’

May 3, 2019 14:16:34

Central Point, Oregon-based Hemptown USA is a proven grower of full-spectrum hemp biomass with a proprietary genetics program. A recent article discussing the company reads, “By 2020, Hemptown anticipates it will have more than 3,000 acres in several states dedicated to hemp farming. Expansion plans include increasing in-house extraction capabilities to boost profit margins by providing additional CBD and CBG isolates and distillation services. Development of business-to-business channels as well as new products and formulations for the direct-to-consumer market, along with several strategic acquisitions, are also key to Hemptown’s growth strategy. . . . Hemptown plans to expand distribution and growing operations globally through strategic partnerships and development of contracts with leading Fortune 500 brands in European markets. The company intends to grow its IP portfolio by developing a proprietary water-soluble cannabinoid delivery system. Not to be confused with water compatibility, water-soluble cannabinoids combine seamlessly with other liquids, have a superior shelf life and deliver dramatically increased efficacy to the consumer.”

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

About Hemptown USA

Hemptown USA, headquartered in Central Point, Oregon, is a proven grower of full-spectrum feminized hemp grown using premium seed genetics that contain less than 0.3% THC and exceptionally high cannabinoid (CBD) content of up to 20%. The company’s “soil-to-oil” methodology combines seasoned professionals working in handpicked agricultural microclimates located in Oregon’s famed Emerald Triangle and in Kentucky and Colorado. For more information, visit the company’s website at www.HemptownUSA.com.

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NetworkNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Tapping into Fast-Growing Beverage and Consumables Market

May 3, 2019 14:14:43

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is steadfast in its commitment to become the top supplier of water-soluble cannabis solutions and bionatural oils to the evolving beverage and consumables market. A recent article discussing the company reads, “Bio Natural Oils deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form. Cannabis edibles are quickly becoming a popular option for cannabis consumers, and they even broke into a list of the top 10 food trends of 2018, moving into the eighth position, according to the Specialty Food Association (http://nnw.fm/dc9Xf). . . . The application of water-soluble cannabis infusions has potential to be widespread in both medicinal and recreational cannabis sectors, giving Sproutly a distinctive edge in a market with untapped potential. Since Sproutly owns the exclusive rights to APP technology in Canada, Australia, Jamaica, Israel and the entire European Union, the company is looking at significant international expansion opportunities.”

To view the full article, visit http://nnw.fm/WY0cb

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 – Sharing Services Global Corporation (SHRG) Reinforces Leading Position in the Direct-Selling Industry

May 3, 2019 13:23:51

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., has been rapidly growing over the past several months, adding more than 10,000 independent sales representatives and positioning itself as one of the fastest-growing direct-selling companies in the world. A recent article discussing the company reads, “Several strengths make SHRG stand out from its direct-selling competition. These include nutritional products that promote happiness, the company’s unique Blue Ocean Strategy and the rapid growth of its home-based entrepreneurs, or Elepreneurs – a term coined by the company. . . . Elepreneurs LLC was launched in December 2017 and is a wholly owned subsidiary of SHRG. Structured to contract with companies to promote and sell products through a direct-selling model, Elepreneurs is dedicated to elevating the health, wellness and happiness of others. Using relationship and word-of-mouth marketing, the company is training its home-based entrepreneurs to organically reach consumers in an extremely cost-effective and personal approach.”

To view the full article, visit http://nnw.fm/1Ai8p

About Sharing Services Global Corporation

Sharing Services Global Corporation (OTCQB: SHRG), formerly Sharing Services Inc., is a diversified holding company that is publicly traded and dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies in the direct-selling industry. 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 the 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, SHRG is committed to conducting business with a high level of integrity, respect and dedication, which allows the organization to make a difference in the lives of its representatives, customers, employees, investors and the 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

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NetworkNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Achieves Consistent Production Using Unique Patented Technology

May 3, 2019 13:21:42

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF), an oil and gas industry technology developer, recently reported consistent production of over 500 barrels per day (“bpd”). An article discussing the company reads, “The company’s March 28 announcement about the production rate (http://nnw.fm/q4pXF) noted that the continuous 500 bpd production benchmark demonstrates the commercial viability of its first-in-kind technology, which is patented in the United States and Canada to extract oil from tar sands in a closed-loop, environmentally friendly manner and will help the company generate confidence when it seeks licensing opportunities in coming years.”

To view the full article, visit http://nnw.fm/0myT2

About Petroteq Energy Inc.

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

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

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CannabisNewsAudio – Sproutly Canada, Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Aims to Capture Part of the Cannabis-infused Beverages Market via Recent Joint Venture

May 3, 2019 13:00:18

Related Editorial
Projections for the cannabis markets are staggering, yet there’s evidence that the lofty estimates may be understated.

Cannabis projections often fall far short of actual sales growth.
Cannabis-infused beverages looks to be next area of explosive upside.
Beverage and cannabis companies striking deals to gain market access.
New technologies could snag significant market share.

Once viewed as wild conjecture for the future of cannabis markets, forecasts in 2015 fell severely short of actuality. At that time, consensus was that Canada could reach CA$2.8 billion in legal sales by 2020. Sage prognosticators now say that the market may exceed CA$7 billion in 2019. Catering to the tastes of market demographics, intense interest is now focused on the cannabis-infused beverages market. Not even legal in Canada until this fall, the infused beverage market is already pegged to reach a mind-boggling CA$4.4 billion within five years.

Joining the ranks of the majors to meet this titanic demand, Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (SRUTF Profile) announced a joint venture with Moosehead Breweries, the largest and oldest independent beer company in Canada. Cannabis colossus Tilray Inc. (NASDAQ: TLRY) announced a research partnership into infused beverages and is bringing in executives with backgrounds in the beverage industry. The maker of Corona and Modelo beer increased its stake in Canopy Growth Corp. (TSX: WEED) (NYSE: CGC) to 38%, spurring speculation of cannabis-infused beverages to come. HEXO Corp. (NYSE American: HEXO) (TSX: HEXO) entered a joint venture with Molson Coors Canada to produce CBD-infused beverages. And New Age Beverages Corp. (NASDAQ: NBEV) is anticipated to begin roll out of Marley+CBD-infused drinks in four targeted U.S. states.

To view the full editorial, visit http://cnw.fm/vSRx2

To hear the CannabisNewsAudio version, visit http://cnw.fm/y9shU

About Sproutly Canada Inc.

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

About CannabisNewsWire

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

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Nightfood Holdings Inc. (NGTF) Anticipates Distribution Deal to Bring Exponential Growth, Ramping up Production

May 3, 2019 11:59:48

Nightfood is revolutionizing the way people snack at night
The company recently announced upcoming production runs in May and June, totaling over 330,000 pints, to prepare for new national distribution deal
Nightfood Holdings CEO Sean Folkson described the company’s upcoming ventures in a SmallCapVoice.com interview

Nightfood Holdings Inc. (OTCQB: NGTF), an innovative consumer goods and brand development company, is pioneering the category of “sleep-friendly” nutrition with the national roll-out of its award-winning Nightfood ice cream. Leading marketing intelligence agency Mintel noted that nighttime-specific food and beverages represent one of the “most compelling and category changing” trends for the coming years (http://nnw.fm/YeOQ7). Nightfood aims to revolutionize the way Americans snack at night.

Nightfood founder and CEO Sean Folkson was featured last week in an interview hosted by Stuart Smith of SmallCapVoice.com. In the interview, Folkson discussed…

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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The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Launches Cambium Plant Sciences

May 3, 2019 11:23:48

SPRWF has remained at the center of the cannabis space since 2014
The company has a licensed producer subsidiary in Ontario
Supreme Cannabis recently launched new subsidiary Cambium Plant Sciences
Bank of America recently initiated coverage with an initial ‘Buy’ rating

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) is Canada’s only large-scale premium cannabis producer. The company formed its wholly owned 7ACRES subsidiary as the first licensed producer (“LP”) centered on growing high-quality cannabis in high quantities. 7ACRES provides enthusiasts with handcrafted cannabis flower that delivers a premier experience. Headquartered in Toronto, Supreme Cannabis has supply agreements in place throughout eight of the 10 Canadian provinces.

Supreme Cannabis’ 7ACRES operates a 440,000-square-foot facility in Kincardine, Ontario, including licensed flower room space totaling 180,000 square feet. 7ACRES is on course to become…

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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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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Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Rises to Top Position in World’s Most Competitive Cannabis Market

May 3, 2019 10:57:31

Branded cannabis products grew 637 percent more than non-branded products between 2014 and 2018
Edibles continue to assure investors of stable market prices as compared to concentrates and flower products
Plus Products anticipates enormous growth in production capacity as it constructs a large-scale manufacturing plant

Leading California edibles manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) is making moves to dominate the branded cannabis industry through its continued focus on premium products executed with precision and made available to consumers everywhere.

The team at Plus Products realizes that the cannabis industry is moving toward branded products and sees brand strategy as key to accessing strong profit growth. In California alone, non-branded cannabis products grew by…

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Trxade Group Inc. (TRXD) Offers Innovative Web-Based Pharmaceutical Purchasing Platform

May 3, 2019 10:30:11

Trxade Group helps independent pharmacies identify the best supplier prices for prescription drugs
The company’s trading platform allows independent pharmacies to stay informed about up-to-the-minute pricing on a cost-effective basis
Trxade provides its services to pharmacies and consumers

An integrated pharmaceutical services company, Trxade Group Inc. (OTCQB: TRXD) offers an S2P (Supplier to Pharmacy) market platform. The platform helps independent pharmacies operating nationwide to identify the best available supplier prices for prescription drugs. Trxade is the largest online pharmaceutical marketplace platform in the United States. Per corporate data, the platform has been shown to reduce a pharmacy’s total yearly purchase costs by 7-10 percent (http://nnw.fm/Cdxj4).

Headquartered out of Land O’ Lakes, Florida, Trxade Group brings pharmaceutical buyers and sellers together. The company’s strategy is to use price analytics and supplier competition to…

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

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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Completes Strategic Acquisition to Maximize Company Resources

May 3, 2019 10:04:53

Petroteq is strategically expanding its oil sands resource through the acquisition of operating rights and interests under U.S. federal oil and gas leases
The agreement encompasses 8,480 gross acres in Utah; the new agreement and a previous one will give Petroteq 100 percent operating rights for oil sands development
Expert estimates establish a significant oil/bitumen resource at both the Tar Sands Triangle and the P.R. Springs federal oil and gas leases
The move is the latest step in what is seen as a potential revolution in the oil industry, using Petroteq’s patented technology to efficiently capture heavy oil that was not previously accessible

Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), a fully integrated oil and gas company, announced on April 16, 2019, that it is executing a definitive agreement for the acquisition of an additional 50 percent of the operating rights and interests relating to oil sands in the state of Utah, under U.S. federal oil and gas leases.

The U.S. federal oil and gas leases encompass approximately 8,480 gross acres (4,240 net acres), the company said in a news release…

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NetworkNewsBreaks – Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces May Speaking Engagements at Select Capital Markets, Cannabis Conferences

May 3, 2019 09:47:06

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) this morning announced its participation at select capital markets and cannabis conferences that are scheduled throughout the month of May. The company’s chief financial officer Nikhil Handa will present to investors and attend one-on-one meetings on May 14, 2019 at the Canaccord Cannabis Conference and on May 15, 2019 at the OTC Cannastocks2019 Q1 Conference, both to be held in New York City, New York. In addition, Supreme CEO Navdeep Dhaliwal will present to investors and attend one-on-one meetings on May 16, 2019 at the BMO 14th Annual Farm to Market Conference to be held in New York City, New York and on May 22, 2019 at the Cowen Cannabis Conference in Toronto, Ontario, Canada.

To view the full press release, visit http://nnw.fm/nCU8A

About Supreme Cannabis

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

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

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NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Receives EU GMP Certification, Enters Comprehensive Distribution Agreement

May 3, 2019 09:45:16

Dynamic plant-based food and beverage company Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has been issued a Good Manufacturing Practice (“GMP”) certificate in accordance with the rules governing medicinal products in the European Union (“EU”) for its Mississauga, Ontario, Canada facility. According to the update, TerrAscend has also entered into a comprehensive sales and distribution agreement with German pharmaceutical wholesaler iuvo Therapeutics GmbH (“iuvo”). “We applaud TerrAscend for achieving one of the highest and most rigorous levels of quality certification in the world,” Canopy Rivers President Narbe Alexandrian said in the news release. “TerrAscend is now one of select Canadian licensed producers that have been issued EU GMP certificates, and with its new distribution arrangement with iuvo, becomes the first and only cannabis operator with sales in US, Canada, and Europe.”

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

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 – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Gains Approval on Settlement Offer for Cannabis Greenhouse

May 3, 2019 08:48:56

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) this morning announced that the settlement offer, finalized and signed between the Hamilton City Council and the company, was approved by the Local Planning Appeal Tribunal at a May 2, 2019 meeting. According to the update, the Ancaster, Ontario facilities will be capable of growing 17,500 kgs of premium certified organic cannabis on an annual basis. “This completes this chapter of our journey,” TGODF CEO Brian Athaide said in the news release. “We look forward to growing and producing high-quality, certified organic cannabis right here in our home town. We are committed to the City and look forward to working with our neighbours, local businesses and the community.”

To view the full press release, visit http://nnw.fm/Li0m6

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. TGODF also has organic hemp CBD oil operations in Canada, and through its wholly owned subsidiary HemPoland distributes premium hemp CBD oil in the EU. The company grows high quality, organic cannabis with sustainable, all-natural principles. TGODF’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGODF has a planned capacity of 219,000 kgs and is building 1,643,600 sq. ft. 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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NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire Biovelle; Forms Hemp Division

May 3, 2019 08:46:25

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced the execution of a non-binding Letter of Intent (“LOI”) dated April 30th, 2019 to acquire the branding asset package Biovelle (www.Biovelle.com). Biovelle is an organic, non-GMO, vegan and gluten free hemp infused CBD coconut oil. The completion of the acquisition is subject to the conclusion of due diligence and the execution of final binding definitive asset purchase documentation. “With the passing of the Farm Bill and the explosive growth of the hemp sector we decided to expedite our formation of our hemp related division. Acquiring Biovelle is the perfect fit. It represents a clean, natural healthy way to experience hemp derived CBD combined with the benefits of coconut oil, and it’s also an excellent catalyst to create a complete line of Biovelle products,” TransCanna CEO Jim Pakulis stated in the news release. “The value add with the hemp division is significant; we’re immediately able to expand our sales footprint worldwide subsequent to the acquisition begin to sell to boutique outlets such as gyms, nutritional stores, and convenient stores, as well as large supermarkets. And obviously we’ll sell to the dispensaries as we begin to build up our portfolio of both cannabis and hemp-based brands.”

To view the full press release, visit http://nnw.fm/xE2XT

About TransCanna Holdings Inc.

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

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

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420 with CNW – Moosehead Teams up With Sproutly Canada to Produce Cannabis Beverages

May 3, 2019 03:20:10

Moosehead Breweries Ltd, one of the largest breweries in Canada, has announced that it plans to form a joint venture with Sproutly Canada, Inc. in order to make cannabis-infused drinks. The drinks will be introduced on the Canadian market by the end of this year.

Andrew Oland, the CEO of Moosehead Breweries Ltd, said that the company wants to enter the cannabis beverages space as soon as the federal government in Canada releases rules to regulate cannabis edibles in the country.

As a leader in the beer industry, Moosehead is convinced that the company is well placed to be a major player in the cannabis drinks sector.

Once the joint venture is finalized, Mathew Oland will be its head. Mathew Oland is a former Vice President of Moosehead Breweries and in that role, he superintended the supply chain infrastructure of the brewery. While at the joint venture, Mathew Oland will oversee Research and Development (R&D), procurement and distribution as well as the operations of the new entity. A name for the joint venture hasn’t yet been agreed upon. The financial aspects of the joint venture are also yet to be finalized.

Keith Dolo, the CEO of Sproutly Canada, revealed that the joint venture will be given exclusive rights to use Sproutly Canada’s technology for five years, which can be extended for two more years.

Dolo added that working with Moosehead will expedite the process of getting the drinks developed to the market in a sector that is expected to be highly competitive.

To get an idea about how tough the competition is likely to get, consider the fact that Canopy Growth and Constellation Brands are finalizing a bottling line for cannabis beverages. Another cannabis company, Hexo Corp. also teamed up with Molson Coors Brewing Company to make marijuana-infused drinks. Other small players have also expressed their interest in entering the cannabis drinks market.

However, the drinks made using Sproutly Canada’s technology may have an edge in the industry since this technology shortens the time within which a person can feel the effect of the drink he or she has consumed.

Just for comparison purposes, the cannabis drinks available in California take more than an hour to kick in and the effects wear off between 4-8 hours later. In contrast, Sproutly’s technology results in a cannabis drink whose effects are felt within five minutes and those effects wear off in less than two hours. No prizes for guessing which product stands a higher chance of being a hit in the market!

Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTCQX: SPRWF) and Sugarmade Inc. (OTCQB: SGMD) congratulate Sproutly Canada, Inc. and Moosehead Breweries Ltd upon their desire to form a joint venture so that Canadians can have an increased number of options to select from when they want a cannabis beverage.

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420 with CNW – Confident Cannabis Raises $12M for Nationwide Expansion

May 2, 2019 15:20:22

Confident Cannabis, a cannabis wholesale platform, has raised $12m to bring its total capitalization to more than $18m from their inception. The new funding is intended to enable the company to expand its operations into new territories across the country.

The Series A funding round was led by Poseidon Asset Management, a cannabis venture capital fund based in San Francisco. Other entities that invested more funds in Confident Cannabis include Y Combinator, Bullpen Capital, FJLabs as well as Greenfield Global and Base Ventures.

Confident Cannabis focuses on empowering all verticals within the cannabis industry so that all players, including cultivators and finally customers of cannabis end-products can know what is available in the industry, who makes it and what that specific product is made from. Confident Cannabis’ platform makes all this information available in real time, and the data they provide is verified by independent labs.

Last year in October, Confident Cannabis launched its platform, Wholesale, in Oregon. This meant that, for the first time, all players in the cannabis industry could interact with each other without having any fears about the authenticity or quality of the products showcased on the platform. The doubts were removed because Wholesale availed lab test results from licensed testing facilities.

Morgan Paxhia and Emily Paxhia, the two cofounders of Poseidon Asset Management, revealed that they decided to invest in Confident Cannabis after watching it closely from 2015 and seeing how far Confident Cannabis has come.

Emily Paxhia added that they were intrigued when all labs they encountered raved about how good the software provided by Confident Cannabis was. This was unexpected, because testing facilities rarely sing the praises of the software powering their systems. Poseidon Asset Management was hooked, and their participation in the Series A funding round is testament to their confidence in the future of Confident Cannabis.

Currently, more than 40 percent of all the marijuana which is produced legally within the U.S. passes through the lab testing platform run by Confident Cannabis. The expansion of their operations into more markets will avail that inventory of cannabis to more wholesalers, retailers and consumers.

All the entities that participated in this funding round praised Confident Cannabis for helping to increase compliance within the marijuana industry by providing solutions which address the current and future needs of the industry.

Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) and Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) wish Confident Cannabis all the best because what they are doing helps all other players in the industry.

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Blockchain Goes Hollywood Issues Letter from the CEO

May 2, 2019 14:52:57

Robert Corriveau, CEO of Blockchain Goes Hollywood, recently issued the letter below to update the public concerning the celebrity-themed event previously scheduled for May 30 – June 2, 2019.

Hello to all,

Blockchain Goes Hollywood was looking forward to servicing the blockchain community with a one-of-a-kind event, but it comes with a heavy, sad-felt heart that we must cancel our event. The team had been working hard for up to 9 months preparing to provide a once-in-a-lifetime experience for our sponsors, attendees, speakers, and guests, but in the end, we just could not make it happen.

We would like to thank everyone that did show a lot of interest, to the sponsors we did have, and most of all to all the people, marketing partners and individuals that helped us promote Blockchain Goes Hollywood. Though we may have not seen the sponsorship we hoped for, it was with their effort Blockchain Goes Hollywood received a lot of exposure to the market.

We would like to thank Bicycle Casino as well for working with us and offering us their amazing casino to host our event.

This will not be the end, though. We are still looking forward to holding a once-in-a-lifetime event in the future when the blockchain ecosystem is more promising. Again, we cannot thank enough all the people that helped us get this far, and the amazing speakers that were going to attend the event.

Yours respectively,

Robert Corriveau
Chief Executive Officer

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NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Strengthens Portfolio via Premier CBD Processing Lab Acquisition

May 2, 2019 14:34:44

Green Hygienics Holdings (OTCQB: GRYN), a premium cannabis firm, recently added one of North America’s leading CBD processing labs to its portfolio through the acquisition of Coastal Labs (http://nnw.fm/X1j30). An article discussing the company reads, “Coastal Labs (www.CoastalLabs.com) specializes in being an exclusive provider of state-of-the art extraction techniques and equipment for the cannabis industry, in addition to providing wholesale distribution for clients looking to purchase in bulk. Coastal Labs was founded as an exclusive provider for a limited clientele demanding the highest purity standards. The company initially began sales in CBD isolate production when there was an extreme shortage in the marketplace. From there, the company formed partnerships and relationships with the best isolate producers and extractors, and it has since expanded sales into THC-free distillate production.”

To view the full article, visit http://nnw.fm/DksT9

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 – Genprex Inc.’s (NASDAQ: GNPX) Collaborators Report Positive Preclinical Data in Lung Cancer Treatment Study

May 2, 2019 14:26:19

Clinical-stage, gene-therapy company Genprex (NASDAQ: GNPX) recently reported that positive preclinical data for the combination of the TUSC2 gene with an anti-PD1 antibody was recorded by its University of Texas MD Anderson Cancer Center collaborators in a lung cancer treatment study (http://nnw.fm/8E4bC). An article discussing the study reads, “The results of the study, which analyzed the combination of the TUSC2 gene and anti-PD1 antibody pembrolizumab, were presented in a poster at the 2019 American Association of Cancer Research Meeting. TUCS2 is a tumor suppressor gene and the active agent in Genprex’s Oncoprex immunogene therapy. . . . The poster data showed that TUCS2 in combination with checkpoint blockade was more effective than checkpoint blockade alone in increasing the survival of mice with human immune cells (humanized mice) that had metastatic lung cancer. TUCS2 in combination with pembrolizumab demonstrated the ability to significantly slow tumor growth.”

To view the full article, visit http://nnw.fm/42wJC

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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NetworkNewsBreaks – City View Green Holdings Inc.’s (CSE: CVGR) Retail Partner Strengthens Executive Team

May 2, 2019 14:24:20

City View Green Holdings (CSE: CVGR) applauded Budd Hutt Inc.’s recent appointment of Craig Belcher as its new CEO (http://nnw.fm/aD95N). CVGR owns a 19.9 percent stake in its retail partner Budd Hutt, which is focusing on securing retail shelf space and obtaining distribution opportunities. A recent article discussing CVGR reads, “The company anticipates producing edible products, distillates and water-soluble products for the beverage market. Its partner, Budd Hutt, will be charged with securing retail shelf space and expanding distribution opportunities for the CVGR line. . . . ‘Having City View Green as a key partner in Budd Hutt Inc., with their vertically integrated seed to sale approach, is a critical element to our future success,’ Belcher added. He brings with him impressive experience in the regulated alcohol beverage and tobacco industries, as well as brand and retail savvy. Previously, he was co-founder and EVP of Brand Momentum. Regarding CVGR, Belcher added, ‘We are in the process of reviewing several attractive retail opportunities nationally and look forward to sharing the results in the near future.’”

To view the full article, visit http://nnw.fm/TSlb5

About City View Green Holdings Inc.

City View Green, which began trading March 5, 2019, is 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. The company intends to grow exceptional quality cannabis and produce high-quality extracts. Once legalized, City View Green expects to produce high-quality edible products, distillates and water-soluble products for the beverage market. In addition, City View Green owns a 19.9% stake in Budd Hutt Inc., a retail-focused cannabis company with access to licenses in Alberta and other retail opportunities across Canada. The company expects that Budd Hutt will secure shelf space and distribution opportunities for City View Green’s products. 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 – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Seeks to Capitalize on the Advantages of Hard Rock Mining

May 2, 2019 14:21:41

British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is approaching three years of labor at the Irgon Dike, located in a region recognized for its spodumene and rare-element-bearing pegmatites. Typical hard rock mining effort takes three to five years to complete. An article discussing the company reads, “QMC is bullish on the value of hard rock-mined spodumene as opposed to the extraction of a lithium concentrate through dry lake evaporation techniques, as used in the Lithium Triangle. . . . ‘When lithium prices headed upward, investors learned that Chile was pouring out tons of the metal at low costs. The Atacama salt flats became famous, and people assumed that reaping lithium from brines was easier than pulling it out of rock,’ the company states on its website (http://nnw.fm/DDJ0j). ‘The truth is that, although lithium brines occur in many places around the world, only highly concentrated brines actually produce lithium economically. In contrast, hard rock lithium mines have numerous advantages. They do require more exploratory work; however, once the surveys and sampling are completed, hard rock pegmatite deposits are faster to mine and production is more reliable.’”

To view the full article, visit http://nnw.fm/Zq3ek

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.

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

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NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Subsidiary Increases European Penetration

May 2, 2019 13:58:42

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) plans to expand its hempSMART subsidiary’s European footprint with prelaunch events planned in the Netherlands and Germany during the second quarter of 2019. An article discussing the company reads, “MCOA is following up on the successful launch of hempSMART in London, where all promotional inventory was sold and more than 1,000 people joined the company’s associate networking program (http://nnw.fm/Es3N6). . . . MCOA’s subsidiary, hempSMART, will also add to its successful March brand launch in London with additional launch events in Birmingham and Liverpool. In a news release, MCOA CEO Donald Steinberg said, ‘HempSMART will continue to put in place the proper preparations to launch in additional EU countries moving forward.’”

To view the full article, visit http://nnw.fm/YIN1l

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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Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Reaches Milestone with First Purchase Order from Tier 1 US Cellular Carrier

May 2, 2019 11:32:34

Siyata is a leading global developer and provider of cellular communications systems
Company recently launched the world’s first 4G LTE all-in-one fleet communications device, marketed under the Uniden Cellular brand
Details of Siyata’s first purchase order from a Tier 1 U.S. cellular carrier as an official vendor are forthcoming
Siyata is a TSX Venture Top 50 Company, and it has already launched in Canada with Bell Canada

Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) is a leading global developer and provider of cellular communications solutions for enterprise customers. Siyata specializes in connected vehicle products marketed under the Uniden Cellular brand for professional fleets. The company announced its first purchase order from a Tier 1 U.S. cellular carrier for its flagship product, the Uniden UV350, in a news release issued early last month (http://nnw.fm/9HObH). Details of the commercial launch of the Uniden UV350 in the U.S. will be announced shortly, according to Marc Seelenfreund, CEO of Siyata Mobile.

“Siyata is not only first to market but has created a completely new device category, likened to the rugged phone, the rugged tablet and feature phone categories all which sold millions of devices through Tier 1 U.S and global carriers,” Seelenfreund stated in the news release…

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Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) to Develop Non-Alcoholic Recreational Cannabis Beverage through Joint Venture

May 2, 2019 10:57:59

As the anticipated legalization of edible cannabis products approaches in Canada, Sproutly is developing an infused beverage lineup by entering into a joint venture with Canadian beer maker Moosehead Breweries
The JV creates a standalone company drawing on Sproutly’s water-soluble Infuz2O technology and Moosehead’s decades of beverage market experience
The proprietary Infuz2O technology offers the advantage of a controlled rapid-on/rapid-off effect, similar to recreational cannabis use but without being smoked
The cannabis-infused beverage market is expected to generate revenues in the billions by 2024 as consumers seek alternatives to alcohol

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) will lend its technological breakthrough in naturally produced, water-soluble cannabinoids to a joint venture with one of Canada’s oldest and largest independent breweries to create a line of non‐alcoholic cannabis-infused beverages, anticipating the legalization of edible forms of cannabis in Canada later this year.

The joint venture between Sproutly and OCC Holdings Ltd., an affiliate of Moosehead Breweries Limited, will be structured as a standalone company with its own board of directors and management team. Sproutly and Moosehead are working through the…

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 – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Launches Innovative Push-To-Talk 4G Devices with Partner Communications Company Ltd. (NASDAQ: PTNR)

May 2, 2019 10:41:23

Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) this morning announced the commercial launch of both its 4G/LTE UR7 rugged handset and CP250 4G/LTE in-vehicle device with Partner Communications Company Ltd. (NASDAQ: PTNR). The UR7 meets durable, reliable and safe communication demands for employers and workers as the first 4G/LTE rugged smartphone that offers crystal clear cellular call quality via dual speakers. The Uniden® CP250 in-vehicle device provides a streamlined and safe way to communicate on the road, eliminating typical distractions. “Our innovative Push-To-Talk 4G devices continue to attract the attention of leading cellular carriers and their enterprise customers,” Siyata Mobile CEO and Chairman Marc Seelenfreund said in the news release. “Global carriers are gaining market share from traditional two-way radio networks, by providing them with cellular devices like the UR7 and CP250 to replace the traditional single purpose LMR solution. We are strongly aligned with some of the largest carriers in the world to take advantage of this paradigm shift from traditional LMR to PoC, and we look forward to updating the market of these partnerships throughout 2019.”

To view the full press release, visit http://nnw.fm/0wwBP

About Siyata Mobile Inc.

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

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

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NetworkNewsBreaks – Golden Developing Solutions, Inc. (DVLP) Obtains Fully Audited & Reporting Status; Readies for OTCQB Uplisting

May 2, 2019 10:37:27

Emerging leader in the cannabis, hemp, and cannabidiol (“CBD”) marketplace Golden Developing Solutions (OTC: DVLP) this morning announced that it has obtained fully-audited and reporting status with the SEC following its filing of audited financial data along with Form 10. According to the update, the company is also in the process of uplisting to the OTCQB Venture Market. “These steps represent a statement about trust, confidence, and transparency. We are demonstrating our commitment to the heightened financial and corporate disclosure standards associated with the higher tier listing,” DVLP CEO Stavros Triant commented in the news release. “That is crucial right now because we are seeing extraordinary growth so far in 2019, both organically and through the integration of new products and our recent acquisition in the CBD space.”

To view the full press release, visit http://nnw.fm/x0xXK

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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Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Execs Sign Three-Year Contract Extensions, Ensuring Management Continuity

May 2, 2019 10:31:57

LXRP CEO Chris Bunka and President John Docherty have agreed to new, three-year contracts
The new contract agreements are designed to provide management security with continuity of key officers
The company recently canceled 1,140,000 stock options after negotiations with optionees

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has successfully negotiated new three-year compensation contracts with key officers Chris Bunka, CEO, and John Docherty, president. The agreements offer LXRP and its shareholders the security of pursuing corporate growth within a seamless transition by providing management continuity. The renewal agreements are retroactive to January 1, 2019 (http://nnw.fm/J20Ew).

The agreements offer both officers compensation and bonuses based on meeting certain performance criteria established by the LXRP board. The agreements also offer a one-time bonus based on consideration for the…

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

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Sharing Services Global Corporation (SHRG) Taking its Blue Ocean Strategy Global

May 2, 2019 10:00:56

The company provides fully and partially owned firms with the same management efforts and mentorship services
Its Blue Ocean Strategy is pushing SHRG forward with sustained revenue growth
SHRG expanding into Canada is the first step in a larger international expansion plan

Sharing Services Global Corporation (OTCQB: SHRG) owns, operates or controls interests in direct-selling companies. The company’s diversified portfolio allows it to reshape how today’s entrepreneur achieves success through a model that provides management, buying power, merchant processing, manufacturing and administrative services to already established direct-selling and network-marketing firms.

By leveraging the abilities of numerous direct-selling and network-marketing businesses, SHRG is able to offer products and services directly to the consumer through Elepreneurs, or independent representatives. Elepreneurs is a term coined by SHRG that summarizes the…

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

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Earth Science Tech Inc. (ETST) Airs Infomercial, Plans to Add Other Markets and Networks

May 2, 2019 09:42:52

Company’s TV spot recently aired on Fox News, Lifetime and the Cooking Channel
A Shark Tank entrepreneur introduces the commercial by explaining how ETST can address ‘aches and pains’
Infomercial campaign is also available online and on social media

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is airing its ‘As Seen On TV’ infomercial in the New York market. During the 60-second spot, entrepreneur Kevin Harrington, an original shark on Shark Tank, explains that ETST’s full-spectrum cannabinoids can help with ‘aches and pains’ (http://nnw.fm/qOcc5).

The infomercial (http://nnw.fm/7KzGS) is highly personal, focusing on the improvement in lifestyle of real-life ETST customer Rhoda Friedman. During the ad, Friedman notes how using Earth Science Tech products freed up her movement and…

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 – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Enters Financing Agreement with Cannamerx

May 2, 2019 09:42:09

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced its entry into a promissory note with the Cannabis Mercantile Exchange (“Cannamerx”), one of the first live cannabis and hemp auction platforms. Per the update, Redfund intends to finance the Cannamerx business model and build its global footprint of clientele. “Cannamerx has increased their client-base almost 30% since our first meetings in March 2019; 57 clients to over 80. They have added hemp biomass and hemp products and the new automated spot auction ability for their traders, making it the go-to global cannabis exchange,” Redfund CEO Meris Kott said in the news release. “Redfund’s focus has been to align ourselves with trailblazers in the sector and help incubate and accelerate and advise our portfolio clients as they build their valuations and grow their revenues. The Redfund team is excited to welcome Dietwald, Sergey, and Michel and help build their brand together.”

To view the full press release, visit http://nnw.fm/4Bb6x

About Redfund Capital Corp.

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

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

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NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Releases Q4 and Year-End 2018 Financial Results Reflecting Soaring, Record Revenues

May 2, 2019 09:39:29

Leading California edibles manufacturer Plus Products (CSE: PLUS) (OTCQB: PLPRF) on Wednesday released the company’s audited financials for the quarter ended and calendar year ended December 31, 2018. According to the update, revenue growth, reported in USD, was reflected in annual revenues that soared to $8.4 million in 2018, reflecting a 681 percent increase over 2017 revenues of $1.1 million. Fourth quarter revenues for 2018 reached a record $3.1 million, a 31 percent increase over the third quarter and 770 percent increase over the fourth quarter of 2017. “We remain proud that PLUS had significant growth in both revenue and market share in a year where the greater legal California cannabis market shrank and underperformed expectations due to unclear regulations and an increase in underground market sales,” PLUS Co-Founder and CEO Jake Heimark said in the news release. “We look forward to greater regulation and increased enforcement in 2019 that will allow the legal industry to continue to prosper and help us continue on our mission of making cannabis safe and approachable for everyone.”

To view the full press release, visit http://nnw.fm/R0dmE

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. PLUS gummy and mint products 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, CA 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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NetworkNewsBreaks – IONIC Brands Corp. (CSE: IONC) (FRA: IB3) Pairs Certified Clean Program with Revolutionary Lucid Green Technology Platform

May 2, 2019 08:55:13

IONIC Brands Corp., formerly Zara Resources Inc. (CSE: IONC) (FRA: IB3), on Tuesday announced that its flagship brand, Ionic, is the first to launch the revolutionary Lucid Green, Incorporated (“LG”) technology platform. According to the update, the powerful platform, designed to provide vital safety information about cannabis products and to increase transparency and trust within the industry, will serve as an enrichment to the Ionic Certified Clean Program. “In an effort to craft the finest quality products on the market and provide our customers with true and accurate information, we have paired our Ionic Certified Clean program with the trust and transparency Lucid Green platform . Certified Clean means that every product that leaves our facilities meets or exceeds State mandates on pesticide testing,” IONIC Chairman and CEO John Gorst stated in the news release. “This is conducted by individually testing every batch. Our pairing of Certified Clean with Lucid Green allows IONIC BRANDS to provide consumers with the highest quality products, with the best curated experiences. This testing ensures that we deliver to our customers the safest and cleanest products possible. IONIC Brands strategy strives to create unyielding brand loyalty through safe and effective products that results increase product demand.”

To view the full press release, visit http://nnw.fm/gU8QP

About IONIC Brands Corp

IONIC BRANDS is a national cannabis holdings company based in Washington, led by a team of successful entrepreneurs. The company is focused on building a multi-state consumer-focused cannabis concentrate brand portfolio focusing on the premium and luxury segments. The cornerstone brand of the portfolio, IONIC, is an accomplished #1 vaporizer brand in Washington State and has aggressively expanded throughout the west coast of the United States and is currently operating in Washington, Oregon, Nevada and California. IONIC BRANDS’ strategy is to be the leader of the highest-value segments of the cannabis market and expand nationally. For more information, visit the company’s website at https://investors.ionic.social/.

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NetworkNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Inks Deal with Highmark Interactive to Sponsor Clinical Research in CBD

May 2, 2019 08:25:18

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) this morning announced that it has signed an agreement with Highmark Interactive to study the cognitive and functional neurological effects of cannabinoids through clinical research utilizing Highmark’s mobile software, EQ – Active Brain Tracking. The research aims to produce meaningful data and results that could reveal novel paths of understanding about the cognitive and functional neurological properties of cannabinoids. “Wildflower continues to receive a flood of testimonials from consumers on our products that support wellness and health needs through plant-based solutions. We always strive for improvements in our products and our understanding of those products, and this research commits us to that goal as an investment in the growth of our industry. Highmark Interactive brings the right skills and relationships to the table, and we are excited to see the results of our work together,” Wildflower Brands CEO William MacLean stated in the news release.

To view the full press release, visit http://nnw.fm/qQQA5

About Wildflower Brands

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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420 with CNW – Marijuana Investor Donates Millions to Harvard and MIT for Cannabis Research

May 2, 2019 03:20:25

Charles R. Broderick, a cannabis investor, has donated $9 million to his alma mater (Harvard and Massachusetts Institute of Technology-MIT) so that the two institutions can conduct research into the health effects of cannabis.

The two academic institutions described the donation that they had received as the largest ever private funding into marijuana research.

Speaking about his donation, Broderick said that the absence of sufficient scientific research on cannabis has allowed some players in the industry to make claims that may be hard to verify. He added that since prohibitionist laws are collapsing around the world, the time has come to study the plant so that people have accurate information rather than having to rely on old science or anecdotal evidence.

One of the areas that will be focused on during the research funded by Broderick is the psychological and cognitive effects of marijuana.

Charles R. Broderick has been investing in the cannabis industry since 2015. He got his feet wet in Canada and then later expanded his interests into the U.S. marijuana industry.

The investor reveals that Harvard was initially reluctant to accept his donation due to Broderick’s involvement in the cannabis industry. However, his offer was accepted after brain chemical researchers at the university were excited by the opportunity.

MIT and Harvard insist that the findings of the research will not be influenced in any way by the interests of the donor. The institutions vowed that they would release their findings to the public regardless of whether the findings indicate that marijuana is harmful or helpful.

Meanwhile, interest in cannabis research is growing in academic circles. Additionally, the boom in marijuana industry jobs has prompted many universities to start offering some form of cannabis courses.

For example, Colorado State University offers students a minor in the legal, social, health and political impact of cannabis. Harvard, Ohio State University and the University of Denver all offer courses on marijuana law and policy.

The jobs that students expect to get after taking those cannabis courses vary in accordance with the range of products and services created by the cannabis industry. These include the medical uses of cannabis, the manufacture of fabrics from hemp, the processing of cannabis-infused foods and beverages, making of recreational cannabis products, etc.

Currently, recreational marijuana is legal in 10 states and more are queuing to join that list. Medical cannabis is permitted in 33 states across the U.S. For this reason, MustGrow Biologics Corp. and Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) welcome the donation made by Broderick since the research done will make more information available about cannabis so that the excuse of insufficient research used by detractors will be no more.

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420 with CNW – Trump Administration Opposed to Medical Cannabis for Military Veterans

May 1, 2019 15:20:05

The Department of Veterans Affairs has voiced its opposition to three bills that are intended to protect the VA benefits of veterans who use medical cannabis in states where it is legal, allow VA doctors to prescribe medical cannabis in states where it is legal and also expand research into the medical potential of cannabis.

The VA officials were speaking during a congressional hearing on Tuesday (April 30). For example, Keita Franklin (suicide prevention national director in the VA department) was of the view that the bill compelling the VA department to conduct research on the medical benefits and risks of cannabis was “too ambitious and risky” because a large number of human subjects would be involved.

Franklin also cited the guidance provided by the Drug Enforcement Administration to the effect that VA medical personnel aren’t allowed to prescribe medical marijuana in states where medical marijuana is legal.

Furthermore, the VA officials explained that they are also opposed to the bill which seeks to protect the VA benefits of veterans who consume medical cannabis in states where it is legal because the department already has a policy to that effect.

However, the sponsor of the bill insisted that the policy referred to isn’t sufficient since another administration can decide to reverse it. The best option is to write those protections into law, the lawmakers argued.

Several military veterans’ advocacy groups were also represented and expressed strong support for all the bills. The groups included Disabled American Veterans, Veterans of Foreign Wars and Iraq and Afghanistan Veterans of America.

The strongest support among these advocacy groups was directed towards the bill seeking for more research into the therapeutic effects of marijuana.

The Veterans of Foreign Wars was however concerned that the VA wouldn’t be able to avail medical cannabis at its health facilities even if a policy shift occurred to permit doctors to prescribe medical marijuana. For this reason, the group wasn’t in support of the bill that intends to allow VA doctors to prescribe cannabis.

Some lawmakers were frustrated by the continuous stonewalling exhibited by the VA each time marijuana is up for discussion. The lawmakers suggested that it may be necessary to push for cannabis rescheduling since any bill that is passed will need the approval of the DEA, and the same response (rejection) will be given.

Marijuana Company of America Inc. (OTCQB: MCOA) and Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) can’t wait for the day when the debate on medical marijuana will focus on facts and the needs of the intended beneficiaries rather than on politics.

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B. Riley FBR Investor Conference to Feature Over 300 High-Quality Investment Prospects

May 1, 2019 14:39:07

When the 20th Annual B. Riley FBR Institutional Investor Conference goes underway this month, investors will once again enjoy a unique opportunity to engage with many different companies under one roof.

The conference, hosted by leading investment bank B. Riley FBR Inc., will be held May 22-23, 2019, and is slated to showcase more than 300 public and private companies, across a broad range of industry sectors, telling their stories in front of institutional investors. For the participating companies, this is an unparalleled opportunity to influence investors and gain potential financial backers. For investors, it offers a multitude of networking opportunities, as well as options for portfolio selection and rebalancing.

The event offers a variety of sponsorship options, all designed with one common aim: business development. Depending on their areas of specialty, sponsors will have unique visibility to all 1,200-plus attendees, including senior management teams from participating companies and the institutional investors and high-net-worth individuals in attendance. There are sponsorship opportunities to suit a wide range of objectives and budgets. Companies seeking to increase their shareholder bases will find numerous opportunities of potential engagement, as will professional services firms reaching out to a broader financial market place.

Running over two days at The Beverly Hilton Hotel in Beverly Hills, California, the conference will begin with a bash, offering sponsors and attendees a chance to meet and greet at the welcome reception on opening night. On Wednesday evening, the entertainment continues, when B. Riley FBR, in partnership with the Sugar Ray Leonard Foundation, hosts the 10th Annual “Big Fighters, Big Cause” Charity Boxing Night, which promises to be a great night of A-list celebrities, delicious food, exciting boxing and exclusive networking opportunities. Proceeds for the event will be donated to the Sugar Ray Leonard Foundation.

B. Riley FBR Inc. is a leading investment bank which provides corporate finance, research and sales and trading to corporate, institutional and high-net-worth individual clients. Investment banking services include initial, secondary and follow-on offerings, institutional private placements and merger and acquisitions advisory services, and corporate restructuring. The firm is nationally recognized for its highly ranked proprietary equity research. B. Riley FBR is a wholly-owned subsidiary of B. Riley Financial Inc. (NASDAQ: RILY), a diversified financial services company which operations through several wholly owned subsidiaries.

For more on the 20th Annual B. Riley FBR Institutional Investor Conference, please visit www.BRileyFBR.com/InvestorConference

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NetworkNewsBreaks – Why Geyser Brands Inc. (TSX.V: GYSR) Is ‘One to Watch’

May 1, 2019 13:46:43

Consumer healthcare company Geyser Brands (TSX.V: GYSR) engages in the development and marketing of cannabis products and brands in the nutraceutical, cosmetics, food-and-beverage and pet sectors. A recent article discussing the company reads, “Geyser Brands’ integrated production chain and formulation lab develops innovative products using high-quality hemp and CBD for healthy lifestyle brands while its R&D lab produces product formulations designed to enhance bioavailability of hemp and CBD and shelf stability while maintaining all-natural ingredients and ensuring premium quality. . . . Geyser Brands will continue to seek opportunities to invest into the research and development of unique, high-quality proprietary strains and technologies that target specific health-related conditions such as pain and inflammation reduction, insomnia, digestive issues and other commonly known ailments.”

To view the full article, visit http://nnw.fm/YyHa8

About Geyser Brands Inc.

Geyser Brands builds health-based, hemp CBD consumer products in the nutraceutical, cosmetics, food-and-beverage and pet sectors worldwide. R&D investment in NanoFusion, a proprietary all-natural nanotechnology, delivers topical, cream, beverages and baked goods, oil, and tincture formulations with superior bioavailability and water solubility. Geyser Brands is a Health Canada-approved Licensed Producer (“LP”) in Port Coquitlam, British Columbia, that holds a cultivation license and is anticipating its processing and sales licenses. The company is exclusively focusing on leveraging these assets to provide the regulatory infrastructure for its global brands and distribution strategy, acquiring hemp- and plant-based brands and infusing them with new CBD product lines in jurisdictions where the therapeutic ingredient is legal. The company’s proprietary NanoFusion technology surrounds oils and solves for the insolubility of CBD. Geyser Brands will utilize its 7,000-square-foot licensed facility in British Columbia for the manufacturing and distribution of its hemp and CBD-based products internationally. For more information, visit the company’s website at www.GeyserBrands.com.

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

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NetworkNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Poised for Significant Growth as Shymanivske Project Progresses

May 1, 2019 13:44:37

Canadian iron ore exploration and development company Black Iron’s (TSX: BKI) (OTC: BKIRF) (GR: BIN)primary focus is on the advancement of its Shymanivske iron ore project located in the historically rich Kryvyi Rih region of Ukraine. Construction at the Shymanivske iron ore mine is anticipated to commence within the next year. An article discussing the company reads, “Recently, Black Iron closed the second and final tranche of its earlier announced nonbrokered private placement of units (http://nnw.fm/Ltwy4). The company intends to use the net proceeds of the offering to secure essential land surface rights and further discussions on construction financing, as well as for general working capital purposes. . . . Black Iron offers investors an intriguing investment opportunity. The company’s mining permit at Shymanivske encompasses 2.56 square kilometers and is valid until 2024. Moreover, the permit is renewable in 20-year increments. With construction at the Shymanivske iron ore mine set to begin in the coming year, Black Iron is on course for major growth.”

To view the full article, visit http://nnw.fm/iw0nX

About Black Iron Inc.

Black Iron is an iron ore exploration and development company, advancing its 100%-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% total iron and 18.8% magnetic iron, and Indicated mineral resources of 290 Mt grading 31.1% total iron and 17.9% magnetic iron, using a cut-off grade of 10% magnetic iron. Additionally, the Shymanivske Project contains 188 Mt of Inferred mineral resources grading 30.1% total iron and 18.4% 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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HODL RALLY to Link London and Continental Europe through Crypto Crusade

May 1, 2019 13:14:41

If money makes the world go round, then London is a good place to launch the world’s first blockchain supercar rally. In 2018, British tech firms raised a total of £2.49 billion ($3.24 billion), with over £200 million ($260 million) going to cryptocurrency and blockchain startups (http://ccw.fm/8v1Jz). Already one of the world’s leading capital-raising locales, London, with its venerable banking institutions and blockchain ventures, has become a confluence of something old and something new. Now, with HODL RALLY, Virtue Nightingale, a British innovator, plans to extend that crypto capital connection across continental Europe.

Starting at Pall Mall in central London, the rally begins a crypto crusade to introduce a larger demographic to the benefits of blockchain. For eight days, the motorcade will cruise 1,800 miles through five countries – England, France, Monaco, Spain and Switzerland – broadcasting the benefits of blockchain to the masses. Its crypto cavalcade of 100 supercars will also offer marketers a unique platform to gain…

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Same-Day Prescription Deliveries Now a Reality via Trxade Group Inc.’s (TRXD) New DelivMeds App

May 1, 2019 12:40:44

Proprietary S2P (supplier to pharmacy) web-based platform enables fair trade among health care buyers and sellers of pharmaceuticals, accessories and services
DelivMeds app employs AI software to determine the best method to deliver same-day medicine to consumers throughout the U.S.
The company is targeting 24,000 U.S. independent pharmacies, with combined pharmaceutical purchases of $93 billion per year

Trxade Group Inc. (OTCQB: TRXD), an integrated pharmaceutical services company, is extending the reach of DelivMeds, the company’s innovative mobile app that allows patients to receive same-day dispensed prescriptions and medication refills from a local, independent pharmacist with no delivery fees incurred. In an interview with Proactive Investors, Trxade Group CEO Suren Ajjarapu discussed the expansion of DelivMeds throughout the company’s growing network of independent pharmacies around the U.S. (http://nnw.fm/4NrBT).

“We are currently indirectly delivering drugs to an audience of 12 million consumers through these 10,250 pharmacies,” Ajjarapu said in the interview. “Why not extend that through this app so that when the consumer leaves the doctor’s office, the consumer can focus on…

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

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Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Celebrates Milestones as it Builds Oil Production from Desert Tar Sands Using Earth-Friendly Tech

May 1, 2019 12:09:33

Petroteq Energy is leasing property at a bituminous asphalt resource in Utah’s eastern desert to develop its first-in-kind oil extraction technology for commercial use
The company began delivering oil to its regional market in November after months of buildup and is in the process of increasing the amount of quality crude it produces to 1,000 bpd
Petroteq recently reported consistent production of over 500 bpd
The company has also shown its flexibility in responding to refineries’ demand for differing gravities of crude

Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) announced significant milestones as it closed out the year’s first quarter, reporting continuous production at a rate of over 500 barrels per day (bpd) and the sale of two loads of barrels of heavier-than-usual crude at an API gravity of 17 from its eastern Utah facility.

The company’s March 28 announcement about the production rate (http://nnw.fm/q4pXF) noted that the continuous 500 bpd production benchmark demonstrates the commercial viability of its first-in-kind technology, which is patented in the United States and Canada to extract oil from tar sands in a closed-loop, environmentally friendly manner and will help the…

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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Hemptown USA Plans Exponential Expansion of Growing Capacity in 2019

May 1, 2019 11:41:40

In 2019, Hemptown USA expects to work on expanding its growing capacity to ensure the production of over one million pounds of biomass
This is a part of the company’s expansion strategy, which aims to boost Hemptown’s hemp farming capacity to 2,500 acres by 2020
Hemptown is also working on the development of its premium CBD and CBG oil products, as well as isolates

Hemptown USA, a proven grower of full-spectrum hemp biomass, anticipates a significant growing capacity expansion in 2019, as detailed by company founder and chairman Rod Wolterman in a CFN interview (http://nnw.fm/tFyV4). According to Wolterman, Hemptown farmed 110 acres in 2018. The enterprise anticipates scaling up in 2019 to reach a capacity of 1,000 to 1,500 acres. This capacity is expected to enable Hemptown to produce in excess of one million pounds of biomass.

This announcement is in line with the Hemptown USA growth strategy. By 2020, the company expects to boost its hemp farming footprint to 2,500 acres located in several states. In addition, more emphasis will be placed on increasing the in-house CBD and CBG extraction capabilities. Through strategic partnerships, the company also anticipates…

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Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Names New Executives, Launches Mango CBD Relief Gummies

May 1, 2019 10:51:47

Plus Products recently announced new executives and outlined their experience
Mango CBD Relief gummies are already at some California retailers
PLUS product line ranked number one for cannabis-infused edibles in retail sales and units sold

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) has named Jon Paul as its new CFO, reporting to co-founder and company CEO Jake Heimark. Previously, Paul was CEO and founder of Value-Added Finance Resources, an advisory firm. He replaces Craig Heimark, who has been named PLUS’ chief strategy officer. Heimark remains as chairman, secretary and director of the company (http://nnw.fm/48HHy).

Paul has more than 30 years of experience in senior financial management. Jake Heimark said in a news release that Paul brings with him invaluable knowledge of global financial strategy, robust systems and procedures and strategic planning in rapidly scaling businesses. He also has experience in…

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 – Pressure BioSciences Inc. (PBIO) Announces CEO Succession Plan

May 1, 2019 09:50:40

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of high pressure-based instruments, consumables, and related services for the global life sciences and other industries worldwide, today announced its CEO succession plan in light of its founder Richard T. Schumacher’s notification that he will step down as president and CEO effective September 9, 2019. Schumacher has been working with the company’s directors on leadership succession planning for many months, including the selection of its SVP & Chief Commercial Officer Bradford A. Young, PhD, MBA in November 2018. To facilitate an orderly transition in leadership, the PBIO board has identified Dr. Young as its designee to succeed Schumacher and will be working closely with Dr. Young to effectuate this transition. “PBI was founded on the vision that pressure – especially ultra-high pressure – could be safely used in the life sciences area to significantly accelerate the discovery and development of new drugs, vaccines, and diagnostics, which in turn could lead to better, higher quality, less expensive, and more widely available healthcare” PBIO founder Richard T. Schumacher said in the news release. “My 15 years as CEO has overseen an exciting, successful, and sometimes challenging journey, as is often the case when driving market acceptance of paradigm-shifting technology platforms. I believe we are very close to achieving success around the original vision for PBI, and I am extremely excited over the prospects for our new BaroFold and Ultra Shear Technology businesses. Nonetheless, as I will be seventy years old in August 2020, I have worked closely with the Board to prepare for a strong and orderly transition in leadership as we enter this new growth phase. I am convinced that PBI is now poised for success thanks to the depth and dedication of our senior management and support teams. The addition of Dr. Young to our team has brought highly relevant scientific experience, knowledge, and vision, combined with his business acumen and leadership qualities that I believe will be pivotal in propelling the Company forward for decades to come.”

To view the full press release, visit http://nnw.fm/57klF

About Pressure BioSciences Inc.

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

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

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Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expands Cannabis Footprint in Europe with Key Acquisition Agreement

May 1, 2019 09:47:22

Wildflower Brands is poised to take its cannabis brand into Europe, beginning with Poland, thanks to its recently announced arrangement with major pharmaceutical distributor Two Towers
Analysts anticipate a coming cannabidiol (CBD) boom in Europe, where related products are only just beginning to gain attention
This and other acquisitions are seen as the first steps in Wildflower’s carefully planned strategy for international growth

An agreement between wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) and wholesale medicinal product distributor Two Towers indicates that doors are opening to a potential array of important new markets for Wildflower as the company builds on its partner’s established capabilities. Two Towers, a major wholesale prescription medical and over-the-counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies around the central capital region of Warsaw, with critical expertise in dealing with the regulatory process. Two Towers, with operational relationships throughout Europe as well as other parts of the world, distributes products from an extensive list of global leaders in pharmaceutical and consumer packaged goods.

Two Towers specializes in powdered food for children and other baby nutrition products, including medications, nutritional supplements and fast moving consumer goods (“FMCG”). The initial Two Towers agreement will allow Wildflower to…

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 – Nightfood Holdings Inc. (NGTF) Schedules Largest Ice Cream Production Run, Enters Major Distribution Partnership Agreement

May 1, 2019 09:09:11

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning announced that it has scheduled a fourth ice cream production run for June of 2019. Per the update, mid-May production is already scheduled, but the company signed a major distribution partnership agreement earlier this week that has necessitated an additional run, which will be the ice cream startup’s fourth and largest to date. “While we’re not yet ready to announce the partnership, this is a situation where actions speak louder than words,” Nightfood CEO Sean Folkson said in the news release. “With this June run, we’re scheduled to complete north of 500,000 pints in our first 6 months of production, and I expect the second half of the year to be much busier.”

To view the full press release, visit http://nnw.fm/rm1iD

About Nightfood Holdings

Nightfood Holdings Inc. owns Nightfood Inc. and MJ Munchies Inc. On February 8, 2019, it was announced that Nightfood ice cream won the ‘2019 Product of the Year’ award in the ice cream category in a Kantar survey of over 40,000 consumers. With the overwhelming majority of at-home ice cream consumption occurring in the hours before bed, Nightfood’s sleep-friendly nighttime ice cream, formulated by sleep and nutrition experts, delivers benefits found in no other product on the market. Market research giant Mintel recently released a report identifying nighttime specific food and beverages as one of their most “compelling and category changing” trends for the coming years. Nightfood ice cream is rolling out nationally, and has recently announced distribution in the popular Meijer supermarket chain throughout the Midwest, with concentration in the metropolitan areas of Chicago, Detroit, Indianapolis, Columbus, and Milwaukee, as well as Lowes Foods, with 78 stores in the Carolinas and Virginia. MJ Munchies, Inc. was formed in 2018 as a new, wholly owned subsidiary of Nightfood Holdings, Inc. to capitalize on legally compliant opportunities in the CBD and marijuana edibles and related spaces. The company intends to market some of these new products under the brand name “Half-Baked”, for which they’ve successfully secured trademark rights. For more information, or to enter the Nightfood® Ice Cream Giveaway, where the company is giving away a one-year supply of Nightfood ice cream, plus a brand-new freezer to store it in, 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 – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Epican Receive Second CLA License, Announce Launch of Montego Bay Retail Dispensary

May 1, 2019 09:06:44

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), in conjunction with its 49.18 percent owned Epican Medicinals, this morning announced the opening of its second legal cannabis retail store in Jamaica. Located on popular Montego Bay’s “Hip Strip,” the dispensary will open for business on May 4, 2019. The Montego Bay store is the second Epican dispensary to open, after opening its Kingston-based Herb House in June 2018. Epican is the first fully integrated company with a second retail license from Jamaica’s Cannabis Licensing Authority (“CLA”). “We are proud of what the team in Jamaica has accomplished. Epican’s Montego Bay store is a bright and well-designed space ideally located to serve local and visiting patients with Epican’s locally produced premium organic cannabis,” TGODF CEO Brian Athaide said in the news release. “Our Kingston location witnessed increasing sales volumes; setting the stage for the grand opening of an Epican Herb House in Jamaica’s largest tourist hub. It is an important milestone toward further expansion for Epican and TGOD in Jamaica.”

To view the full press release, visit http://nnw.fm/KG8sy

About The Green Organic Dutchman Holdings Ltd.

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

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NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Entering CBD Retail Space with FLORAH Lifestyle Boutiques

May 1, 2019 08:23:14

Cannabis Strategic Ventures (OTC: NUGS) this morning announced its expansion into the cannabidiol (“CBD”) retail sector through ‘FLORAH’, the latest addition to its operational and investment portfolio. With its flagship location on Melrose Ave in West Hollywood, FLORAH is a concept boutique that teaches patrons the benefits of CBD and offers CBD lifestyle, wellness, beauty and pet products. “Growth of the CBD retail sector is accelerating, and we expect to show leadership in the space,” Cannabis Strategic Ventures CEO Simon Yu stated in the news release. “Now that we have secured financing and a retail location, we will diligently work to procure the best CBD products available and prepare for our full brand roll-out and summer grand opening.”

To view the full press release, visit http://nnw.fm/2j0LO

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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Next Stage Cannabis Stocks in the Spotlight

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

May 1, 2019 08:00:41

CannabisNewsWire Editorial Coverage: Projections for the cannabis markets are staggering, yet there’s evidence that the lofty estimates may be understated.

Cannabis projections often fall far short of actual sales growth.
Cannabis-infused beverages looks to be next area of explosive upside.
Beverage and cannabis companies striking deals to gain market access.
New technologies could snag significant market share.

About CannabisNewsWire

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

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

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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420 with CNW – Canadian Addiction Experts Advocate for Improved Access to Cannabis

May 1, 2019 03:20:50

While many of the reported benefits of cannabis are backed by scientific evidence, others haven’t yet been subjected to scientific scrutiny. However, cannabis’ role in helping to combat addiction problems has received overwhelming support from addition specialists in Canada.

These addiction experts are asking the authorities to take steps and improve access to legal cannabis so that those who are most at risk of addiction to stronger substances can use medical marijuana to reduce their dependence or avoid getting hooked in the first place.

Of particular concern is Vancouver in British Columbia. Back in 2015, the authorities in Vancouver created an exclusion zone covering Downtown’s Eastside.

The intention of the authorities was to prevent medical cannabis dispensaries from being opened in that area with the largest population of addicts in the city.

In short, the city was admitting that there was a drug problem in that area and they felt that quarantining the problem would, in some obscure way, stamp it out.

The city seems to have been guided more by political rather than medical arguments in making that decision, and the addiction problem hasn’t shown any sign of abating since 2015 when the cannabis exclusion zone was created.

Dr. Keith Ahamad, working with the British Columbia Centres on Substance Abuse as a clinical researcher, says the exclusion zone doesn’t make any sense from a public health point of view.

Dr. Ahamad adds that marijuana is less harmful than other addictive substances, such as fentanyl. He therefore advocates for greater access to medical marijuana as a way to reduce the harm caused by addiction to those other drugs.

Other experts, such as Dr. Michael John Milloy, support Ahamad’s view and say that from their research, people who use cannabis on a daily basis are less likely to inject or overdose on other addictive drugs.

Dr. Milloy goes further and explains that cannabis can help addicts to have a better quality of life because it allows them to sleep.

The addiction experts acknowledge that while it doesn’t sound proper to make people switch from one addictive substance to another potentially addictive one, this step makes sense because cannabis is by far less harmful when compared to the other street drugs.

In this case, harm reduction (through the use of cannabis) is a more attainable target than trying to get addicts to quit using street drugs. Making cannabis more accessible through brick and mortar outlets and online retailers can be a first step to facilitating this switch.

Hemptown USA and Green Hygienics Holdings Inc. (OTCQB: GRYN) hope that the voices of the addiction experts will be heard and changes made so that the addiction problem can be tamed in Canada.

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420 with CNW – Massachusetts Regulators Vote on Cannabis Home Delivery

April 30, 2019 15:20:23

Marijuana regulators have reached an agreement about plans to allow the home delivery of marijuana products within the state. A vote of 4-1 was passed by the Cannabis Control Commission.

If the plan gets final approval from the commission by the end of May, the delivery of cannabis products within the state would mainly be done by people from the communities that suffered the most during the War on Drugs.

The rules pave the way for people from those disadvantaged communities to have an expedited entry into the legal cannabis industry. Under the regulatory policies, home delivery licenses would exclusively be given to people from communities which were disproportionately targeted during the enforcement of prohibitionist marijuana laws.

The program will run for 24 months after which the regulators will assess its performance before deciding whether to extend it or open the space for all who are interested to apply for licenses.

Companies that are granted home delivery licenses will be free to work for as many cannabis retailers as they can take on, but the delivery vehicles will be obliged to return to the retailer any cannabis products which aren’t sold by the end of the day.

The law by which recreational marijuana was legalized in the state stipulated that a diversity program must be implemented in order to give more people a chance to benefit from the legal marijuana industry.

The home delivery system is therefore seen as one of the ways through which broader participation in the industry can be facilitated.

Regulators hope that the target population will take advantage of the exclusivity period in order to participate in the cannabis industry because the requirements for one to get a home delivery license aren’t as stringent as those for one who wants to get a marijuana cultivation or processing license.

For example, it is harder to access the capital needed to set up a processing plant, but one can find it easier to get funds to establish a cannabis home delivery business.

Kay Doyle, one of the members of the Cannabis Control Commission, expressed concerns that the desired results may not be realized within the initial 24 months, so it was a good thing to include a provision stating that once those months elapse, a review would be conducted before a decision is made regarding the future of the empowerment program.

Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) and Golden Developing Solutions Inc. (OTC: DVLP) look forward to the time when the social equity and empowerment programs bring the people targeted into the mainstream marijuana industry.

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The Wild West Crypto Show Salutes DISH Network’s Sign On to Blockchain Mainnet

April 30, 2019 13:28:46

If keeping up with the latest developments in the crypto space is becoming bewildering, then tune in to the Wild West Crypto Show, which is hosted by Drew Taylor and Brent Bates from their global hideout in Kerrville, Texas. The dynamic duo, known for their straight shooting, will bring you up to speed on what’s happening in the crypto and blockchain worlds. On Episode 57 of the show, they welcomed Jonathan Keim from CryptoCurrencyWire, who spoke on breaking news of a triad of triumphs in the blockchain space. BitFrontier’s foray into crypto mining is right on track; Cardano has launched a blockchain “browser”; and DISH Network has signed on to a public blockchain mainnet.

Episode 57 (http://ccw.fm/h7gKh), among other topics, discusses what makes DISH Network’s decision to join a public blockchain network, or mainnet, a big deal (http://ccw.fm/0aLQi). DISH is a Fortune 250 provider of satellite streaming TV content, with annual revenues that top $13 billion. The media giant will be participating in…

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Sharing Services Global Corporation (SHRG) Reports Continuing Record Revenues, Growing International Presence

April 30, 2019 12:55:43

Sharing Services Global Corporation is leveraging its products and services industry ownership and controlling interests to expand sales internationally, starting with Canada
The company has pioneered the “elevating” mission of its independent sales associates under the home-based entrepreneurship strategy of its Elepreneur division
Through Elepreneur and the company’s Elevacity wellness product line, SHRG reported ongoing record monthly sales through the end of its third quarter in January, with the latest tallies showing continued growth in March

Direct sales-focused home-based entrepreneurship company Sharing Services Global Corporation (OTCQB: SHRG) is continuing to rack up monthly revenue records as it nears the end of its first full year since launching wellness division Elevacity Global with its Elepreneur sales associate subsidiary.

The company’s third quarter report, tallying progress through the end of January 31, 2019, showed sales of $25.9 million with a gross profit of $17.59 million (http://nnw.fm/ZP0cg) and sales revenues of over $64 million since the company launched its…

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

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ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales

April 30, 2019 12:15:19

CIIX reported $1,444,822 in revenues for the third quarter of fiscal 2019, marking an 81 percent increase from the same quarter of the previous year
The company’s hemp and CBD consumer product sales grew to $1,061,318 in the third quarter of fiscal 2019
CIIX CEO projects a “fruitful” performance in the coming year

ChineseInvestors.com Inc. (OTCQB: CIIX) reported sharp sales gains for the three months ended February 28, 2019. The quarterly gains reached 81 percent, totaling $1,444,822, as compared to $796,304 for the previous year. CIIX CEO Warren Wang attributed a large part of the impressive growth to a major increase in industrial hemp and CBD product sales during the period; sales for that segment reached $1,061,318 in the third quarter of fiscal 2019, marking a huge jump from $183,185 during the same period of the previous year (http://nnw.fm/e1m0H).

That wasn’t the only good news for CIIX. Subscription revenues for the company also rose by six percent for the quarter, landing at $229,220, as compared to $214,506 in the previous year during…

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NetworkNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Collaborating with HP Inc. to Provide Cutting-Edge Solutions for SMB Market

April 30, 2019 12:07:11

Global technology and value-added solutions group Net Element (NASDAQ: NETE) today announced the entry into a channel partner agreement between its Aptito subsidiary with HP Inc. for sales and support of its line of Android-based POS devices. Under the agreement, Aptito will provide its restaurant management software-as-a-service (“SaaS”) alongside HP’s POS solutions. The collaboration will offer small and mid-sized businesses (“SMBs”) cutting-edge technology and competitively priced value-added services backed by HP’s global sales, support and Android-based IPOS solutions that incorporate a full suite of tools to enhance selling and mobile transactions. “We are excited to work with HP to deliver our SaaS in their IPOS solutions to our existing and new merchants worldwide,” Aptito President Andrey Krotov commented in the news release. “Aptito is currently deployed in 16 countries and growing, HP’s global sales and support provide a springboard for continued expansion.”

To view the full press release, visit http://nnw.fm/iCGe8

About Net Element Inc.

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

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

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NetworkNewsBreaks – NetworkNewsWire to Publicize XLIVE’s Exciting 2019 Lineup to Growing, Dynamic Community

April 30, 2019 11:54:19

Multifaceted financial news and publishing company NetworkNewsWire (“NNW”) today announced that it will serve as the official newswire for XLIVE’s exciting roster of 2019 events. These include the XLIVE Esports Summit, scheduled to take place at the famous photo, film and event studio, Hudson Loft, in Los Angeles, California from June 25 – 27, as well as XLIVE’s Annual Conference & Expo, to be hosted at the MGM Grand Hotel and Casino in downtown Las Vegas from November 17 – 20, 2019. “We have worked alongside CJ Smith for multiple events and are excited to expand our great business relationship to include both of XLIVE’s 2019 events,” NNW Communications Director Jonathan Keim said in the news release. “XLIVE’s focus on transforming the way live events deliver unique, memorable experiences is inspiring. NetworkNewsWire is extremely pleased to provide its expertise in publicizing XLIVE’s 2019 lineup to a growing, dynamic community of event industry experts and participants.”

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

About XLIVE

XLIVE specializes in cultivating big ideas that create extraordinary live event experiences by providing the resources, opportunities and venues that cater to a variety of passionate, interactive industries. XLIVE will continue to revolutionize the way live event and festival organizations share expertise, learn, and most paramount, envision the future of the industry. XLIVE convenes with leading experts at the intersection of music, film, culinary, beverage, Esports, technology and the experiences that culminate at festivals and live events. Reflecting the passion of the vibrant festival community, XLIVE serves as a catalyst for curating unique, memorable and life-changing experiences within the growing, dynamic and influential realm of festivals. For more information, visit www.XLIVEcon.com.

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Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is “One to Watch”

April 30, 2019 11:30:06

Recent passage of U.S. farm bill presents extraordinary opportunity to capitalize on an estimated US$22 billion CBD wellness market
Consumer sentiment is changing with 92% of U.S. states legalizing some form of cannabis
Positive regulatory momentum in the U.S. is spreading with legalization and acceptance of cannabis spreading internationally
Global legal marijuana market expected to reach US$146.4 billion by end of 2025
Significant near-term portfolio target opportunities under evaluation in several U.S. states, Israel and the European Union

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow assets in real property, securities, cryptocurrency and all branches of the cannabis sector. The company’s focus on strategic revenue generation, EBITDA and growth is enshrined in its moto, “One team. One goal,” and is reflected in its name: “Na bis,” which is defined as, “repeat performance” or “encore.”

Strategy

While the Nabis’ targets span numerous industries, the company aims to establish an Anchor Investment Portfolio primarily through the acquisition of majority interests in high quality U.S. cannabis assets and brands that have achieved cash flow. The company will then employ a hands-on approach to assist the…

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

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NetworkNewsBreaks – Wildflower Brands Inc.’s (CSE: SUN) (OTCQB: WLDFF) City Cannabis Acquisition to Include Cambie Street Location

April 30, 2019 11:05:34

Wildflower Brands (CSE: SUN) (OTCQB: WLDFF) today announced that the city of Vancouver has approved and issued a building permit for City Cannabis Co’s 2317 Cambie Street location, which will be included in Wildflower’s previously-announced and pending acquisition of the company. Per the update, with the City of Vancouver’s letter of recommendation to the Provincial Liquor and Cannabis Regulation Branch, City Cannabis is on track for the targeted opening of its third Vancouver location in Summer 2019. “City Cannabis is the first multiple location operator to come out of British Columbia and has a proven track record in opening and licensing premier cannabis retail locations,” Wildflower Brands CEO William MacLean said in the news release. “With the addition of the Cambie Village location, their current 610 Robson Street location will congruently continue to strengthen brand dominance. BC has always been considered the most cultured cannabis market in the world and City Cannabis is building a cohesive network of operations that will provide consumers with the ultimate retail experience anywhere in Canada.”

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

About Wildflower Brands

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Technological Advances Generate Lithium Demand, Opportunities for QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)

April 30, 2019 10:44:58

New approach could boost the energy capacity of lithium batteries
The lithium battery market is projected to grow to $92 billion by 2024
QMC Quantum Minerals is anticipating completion of its NI 43-101-compliant mineral resource report on its Irgon lithium mine project after three years of exploration

The world’s dependence on continually-advancing computer technology is driving efforts to improve the quality of the lithium-ion batteries that power the vast majority of computerized devices, especially mobile technologies ranging from pocketable cell phones to self-driving electric automobiles. Thanks to the technological boom, lithium has been an in-demand lightweight metal, with most of it being sourced from outside the United States. Researchers at the Massachusetts Institute of Technology (MIT) and in China have just announced a new way to make cathodes for lithium batteries that may ultimately improve the amount of power that the batteries supply and, in the process, continue to elevate the prospects of lithium explorers such as QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ). MIT’s researchers state that their discovery could lead to “batteries that pack a punch but are smaller and lighter than today’s versions, potentially enabling electric cars to travel further or portable electronics to run for longer without recharging,” according to ScienceDaily (http://nnw.fm/xDx8F).

Their research has focused on developing a hybrid lithium battery that incorporates the best qualities of lithium cobalt oxide intercalation-type cathodes, which offer a high volumetric energy density (output), and lithium sulfur conversion-type cathodes, which deliver good gravimetric energy density. According to the report by ScienceDaily, current lithium-ion batteries can…

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NetworkNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Posts Q4 and 2018 Annual Financial, Operational Results

April 30, 2019 10:33:35

VIVO Cannabis (TSX.V: VIVO) (OTCQX: VVCIF), a leading provider of premium cannabis products and services for the medical and adult-use markets and holder of licenses under the Cannabis Act through its wholly-owned subsidiaries, Canna Farms Limited, Abcann Medicinals Inc. and Harvest Medicine Inc., this morning announced the release of its Q4 and 2018 annual financial and operating results. “The VIVO team achieved significant milestones in 2018, leading to substantial increases in net revenue, cash position, production capacity, organizational effectiveness and customer development,” VIVO CEO Barry Fishman said in the news release. “The strategic acquisitions of Canna Farms and Harvest Medicine were important drivers of our improved financial results. Through the acquisition of Canna Farms, we have added an award-winning BC craft brand, are leveraging best practices, and have dramatically increased capacity. Harvest Medicine provides a scalable network of medical cannabis clinics offering industry-leading patient care and access to critical data to shape our innovative product development efforts. VIVO remains committed to changing the way people view cannabis and to ensuring medical patients and adult-use consumers have access to our premium cannabis products and services.”

To view the full press release, visit http://nnw.fm/uE7t7

About VIVO Cannabis(TM)

VIVO Cannabis(TM), based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licenses from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical(TM), FIRESIDE(TM), Canna Farms(TM) and Lumina(TM). In August 2018, VIVO acquired Canna Farms, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a free telemedicine app. VIVO has a healthy balance sheet and is well-positioned to accelerate its growth in Canada and internationally. For more information, visit the company’s website at www.VivoCannabis.com.

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

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NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd.’s (TSX: TGOD) (OTCQX: TGODF) Extraction Services Provider Obtains Organic Certification

April 30, 2019 10:14:33

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced that its Kelowna-based extraction processing services provider, Valens GroWorks Corp., has obtained its organic certification from Pro-Cert Organic Systems Ltd. “TGOD has been committed to organic since day one. Working with service providers who embrace organic as much as we do is paramount. I want to congratulate the team at Valens for obtaining their organic certification,” Brian Athaide, CEO of TGOD, stated in the news release. “We look forward to delivering certified organic oils of the highest standards to our patients and customers.” As per a previous announcement, TGOD will have exclusive access to Valens’ services for certified organic extraction processing for a period of one year.

To view the full press release, visit http://nnw.fm/fc5N0

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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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils

April 30, 2019 09:59:59

TGOD recently received an oil sales license from Health Canada for its Ancaster, Ontario, facility
The company’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, certified-organic cannabis oils
TGOD’s Unite Organic Cannabis Oil, derived from a high potency, THC-dominant strain, is expected to be ready to ship in late April 2019
The company is targeting a potential market in Ontario and Quebec with 21.5 million residents and an estimated value of more than $2.6 billion

Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has reached another milestone that supports the company’s ambition of becoming the global leader in delivering premium organic cannabis solutions to enhance people’s lives. TGOD recently announced that it is now licensed to sell cannabis oils produced at its Ancaster, Ontario, facility, which previously received an oil production license in April 2018. The oil sales license and production license were both issued by Health Canada, pursuant to the Cannabis Act, according to a news release (http://nnw.fm/c3SLr).

“We are pleased to offer TGOD’s medical patients access to new premium certified organic cannabis oils,” Brian Athaide, TGOD CEO, said in the release. “In addition, this step will assist TGOD in transforming our premium quality organic raw material into a variety of higher-margin cannabis products which is core to our business plan, providing us with the opportunity to bring…

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

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NetworkNewsBreaks – Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Reports Record Financial Results for Q4 and FY 2018

April 30, 2019 09:56:32

Kontrol Energy (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy efficiency sector through IoT, Cloud and SaaS technology, today announced its fiscal 2018 financial results for the year ended December 31, 2018. According to the update, the company’s revenue for the year ending December 31, 2018 was $10.7 million, reflecting a 56 percent increase over the prior year, and revenue for the fourth quarter was $4.1 million, up 100 percent over the comparable quarter of the prior year. The company will host a conference call on April 30, 2019 at 4:30 p.m. Eastern Time to discuss the results, and a complete set of financial statements and management’s discussion & analysis will be filed on SEDAR (www.SEDAR.com). “2018 was an important year of growth for Kontrol. In addition to delivering strong year over year revenue growth, we achieved record revenues in our Q4 2018 of $4.1 million and positive adjusted EBITDA,” Kontrol Energy CEO Paul Ghezzi said in the news release. “We exit 2018 with a revenue run rate of $16 million annualized. With our continued organic growth and next acquisition target announced we look forward to a robust fiscal 2019.”

To view the full press release, visit http://nnw.fm/lO43L

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 its customers designed to reduce 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.

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NetworkNewsBreaks – Redfund Capital Corp. (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) Commences Trading on the OTCQB Venture Market

April 30, 2019 09:53:33

Redfund Capital (CSE: LOAN) (OTCQB: PNNRF) (Frankfurt: O3X4) this morning announced approval of its common shares for up-listing of trading on the OTCQB Venture Market, a US trading platform operated by the New York-based OTC Markets Group. Effective immediately, Redfund will commence trading on the OTCQB under the symbol “PNNRF,” while continuing to trade its common shares on the CSE under the symbol “LOAN” and on under the symbol “O3X4” on the Frankfurt Exchange. “The listing of Redfund’s common stock to the OTCQB Exchange is an exciting milestone,” Redfund Capital CEO Meris Kott stated in the news release. “Even though Redfund has been a fully reporting company since its inception and listing to the Canadian Securities Exchange, or CSE, we believe that the broader exposure afforded by the OTCQB will raise our visibility within the US investment community and assist in increasing the liquidity of our common stock. In addition, we believe that trading on this established US based public market will help to generate exposure of our Company among institutional investors both in Canada, the US and Europe.”

To view the full press release, visit http://nnw.fm/DM8Re

About Redfund Capital Corp.

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NetworkNewsBreaks – SinglePoint Inc. (SING) Issues Update on Hemp and CBD Sales and Marketing Strategy

April 30, 2019 09:36:58

Technology and investment company SinglePoint Inc. (OTCQB: SING) this morning issued an update on its hemp and CBD sales and marketing strategy. Per the update, the company has provided private label products, formulated custom products for clients and is now working to distribute raw materials, including full spectrum oils, isolate and other byproducts of the hemp plant for use in the creation of CBD products. “Consumer demand for knowledge and reliable suppliers for hemp and CBD products is accelerating quickly and we are investing in infrastructure and research so we help educate clients on the potential benefits of CBD, and offer the best CBD products at an affordable price,” Wil Ralston, president of SinglePoint, stated in the news release. “We see growing interest and purchasing activity from boutique and fortune 500 companies alike as they rush to introduce products to address this rapidly developing market.” The company noted that additional updates and more specifics are expected to be available in the near future.

To view the full press release, visit http://nnw.fm/kJ89b

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

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NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Announces Application for Permanent Licenses for Adelanto, California Facility

April 30, 2019 09:06:46

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that it has applied for a permanent manufacturing, distribution and a transportation license with the city of Adelanto, California. In addition, the company intends to provide an update later in the week relating to the licensing process for its 196,000 square foot facility based in Modesto, California. “Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible,” TransCanna CEO Jim Pakulis said in the news release. “Subsequent to the GoodFellas acquisition we will be able to prepare and package the Daily Cannabis Brand pre-rolls at the facility and then deliver the products to the dispensaries without the need to bring in a third party.”

To view the full press release, visit http://nnw.fm/L2Xio

About TransCanna Holdings Inc.

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NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces 2018 Year End Results and April 30, 2019 Investor Call

April 30, 2019 09:02:54

Global developer and provider of cellular communications systems Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) announced on Monday the filing of its 2018 year-end audited financial statements on SEDAR, as well as its plans to host an investor call at 9:00 AM ET on April 30, 2019. A playback of the call will be available in MP3 format by contacting investor relations at 1-866-684-6730 or [email protected]. According to the update, the company posted revenue of $14.2 million in 2018, a 19.9 decrease over 2017 due to lower 3G sales, but looks ahead to the 4G market. “We recognize that device approval in the U.S took longer than expected, which has led to a slower transition into our 4G portfolio. However, we are now on the cusp of breaking into an enormous untapped market with two highly motivated U.S cellular carriers as partners,” Siyata Mobile CEO and Chairman stated in the news release. “The UV350 is a one-of-a kind device, that meets the needs of First Responder and commercial fleets and vehicles to consolidate to single purpose hardware, combining voice, PTT, navigation, fleet management, data applications and other valuable analytics.”

To view the full press release, visit http://nnw.fm/60Zsd

About Siyata Mobile Inc.

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NetworkNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Announces Private Placement, Board and Management Updates

April 30, 2019 08:53:32

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, late Monday issued a corporate update on various matters. The company first outlined its intention to complete a non-brokered private placement of up to 2.4 million common shares, at a price of C$6.25 per share, for aggregate gross proceeds of up to C$15 million. Flowr also affirmed its support of Holigen’s proposed €45 million investment in Portugal to produce medicinal cannabis outdoors. Other topics covered in the corporate update included changes to the company’s board of directors and its appointment of Thierry Elmaleh as its new head of capital markets. Notably, Elmaleh brings more than 15 years of progressively more senior leadership experience in capital markets to the Flowr team. “Through leading each round of financing for the Company, Core Flow has a strong conviction in Flowr’s edge in designing and constructing highly efficient facilities and producing high quality cannabis products,” Steve Klein of Core Flow Canada Holdings Inc., an investor participating in the proposed private placement, stated in the news release. “Moreover, Flowr is building a company, from its management team to cultivators, that I believe is second to none.”

To view the full press release, visit http://nnw.fm/mQc3x

About The Flowr Corporation

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

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

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NetworkNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Secures More Than $3.7M in New Contracts

April 30, 2019 08:25:12

Spectrum Global Solutions (OTCQB: SGSI), a leading telecommunications engineering and infrastructure services provider, on Monday announced that the company has received new contract awards worth more than $3.7 million recently to support carrier network upgrades. “These work orders from new and existing clients continue to show the accelerated growth predicted as a result of national 5G implementations and on-going network upgrades that has begun this year,” Spectrum Global Solutions CEO and Chairman Roger Ponder stated in the news release. “Attention about 5G has been focused on the publicly announced plans of major telecom companies to install millions ‘small cells’ on electric utility poles, on public buildings and schools, on bus stop shelters, in public parks and other public and private owned infrastructure. All these ‘Small Cells’ will require new fiber connections to transmit the ever-increasing data being consumed. These plans provide tremendous new business opportunities in both engineering and installation services for our company.”

To view the full press release, visit http://nnw.fm/aBOa1

About Spectrum Global Solutions Inc.

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

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

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420 with CNW – Canada Preparing to Approve Second Cannabis Roadside Test Kit

April 30, 2019 03:20:23

The Canadian government is close to approving a second cannabis test set for use by law enforcement officers who suspect that a driver may be impaired by marijuana. The kit uses a sample of saliva to test for the presence of THC in the body of an individual flagged down for possible marijuana impairment.

The Department of Justice had earlier issued an order on April 20 to add the three pieces of equipment made by Abbot to the equipment that the police can use to get preliminary results when they suspect that someone is driving while impaired after consuming marijuana.

The three pieces of “SoToxa” equipment are used together during roadside cannabis testing. The first component is used to collect a saliva sample, the second component holds that sample while the third tests the saliva collected for THC (the psychoactive component of marijuana).

According to the Department of Justice in Canada, a positive test result would give a strong indication that the driver had recently used marijuana.

The law enforcement officer can then take the next step in the process, which is to arrest the driver and take a blood sample so that comprehensive drugs testing can be done before the person is charged.

The company which makes the SoToxa equipment claims that their test kit is easier to use and produces results faster than any other roadside test kit currently available on the market.

The SoToxa and other similar products have been introduced on the Canadian market after the country passed a law on impaired driving at the same time as the passing of the law which legalized recreational cannabis in Canada.

Currently, the fate of the SoToxa test kit may be in the hands of the public since the government has opened a 30-day window within which members of the public can review the equipment and provide feedback about its usefulness.

The kit will be approved once the feedback from the public is considered no serious defects are unearthed.

However, the issue of testing drivers for impaired driving still seems to be shrouded in controversy. For example, a commission in Michigan recently recommended that no THC limit should be indicated as the threshold to determine that someone is impaired. Several reasons were given, such as there being no scientific data to establish what concentration of THC in the blood results in impairment.

One would therefore be prompted to wonder upon what basis the Canadian government came up with a THC limit for one to be guilty of driving under the influence of marijuana.

Global Payout Inc. (OTC: GOHE) and Geyser Brands Inc. (TSX.V: GYSR) hope that the roadside tests will catch truly impaired drivers rather than those whose bodies still contain cannabis metabolites long after the person used marijuana.

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420 with CNW – Mexico Set to Legalize Recreational Marijuana by October

April 29, 2019 15:20:46

When Mexico legalized medical marijuana in June 2017, few ever imagined that the country would legalize marijuana for adult-use a couple of years later. Drug cartels have so much influence in the country that one would be led to believe that those cartels would never allow any policy that threatens their illicit business to be passed. However, the tide has turned and according to reports coming from across the border, a legal framework for the legalization of recreational cannabis will be in place by October this year.

If that plan comes to pass, Mexico will be the third country in the world to commercialize recreational marijuana after Uruguay paved the way and Canada followed suit on October 17, 2018.

The legalization of adult-use marijuana now seems to be a logical step if you consider a number of factors.

First, the hand of the legislators has been forced by the judiciary after the Supreme Court made its fifth ruling to the effect that criminalizing recreational marijuana for adults was unconstitutional.

According to Mexican law, once the Supreme Court makes five similar rulings on a matter, then all courts are obliged to take the same position on that issue. This, in effect, means that the Supreme Court indirectly “legalized” recreational marijuana and it is now up to the lawmakers to pass a law to regulate recreational marijuana in the country.

Additionally, the Supreme Court gave the government an October 2019 deadline by which an appropriate law should have been passed to regulate recreational cannabis.

Opinion polls also indicate that an overwhelming 80 percent of all Mexicans favor cannabis legalization. This is a huge tide to ignore!

The lawmakers in Mexico now plan to use their legislative recess (May 1 to August 31) to draft a law to operationalize the ruling of the highest court in the land.

Once the recess ends, the legislators will have approximately one month to debate and pass the law so that the deadline given by the Supreme Court isn’t missed.

If the bill is enacted, Mexico is likely to be a force to reckon with in the cannabis industry. Currently, Canada is seen as the dominant force, but Mexico may upstage it given the huge population difference between the two countries. Canada has approximately 37 million people while Mexico has approximately 130 million people.

The Mexican population offers a huge market for recreational cannabis, and that market will be an irresistible magnet to foreign cannabis companies eager to get a slice of that pie.

Generation Alpha Inc. (OTCQB: GNAL) and Earth Science Tech Inc. (OTCQB: ETST) hope that the legalization of marijuana in Mexico will mark the turning point for the suffering that has been visited upon the people by drug cartels in the country.

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B. Riley Conference to Feature Premier Networking, Business Development Opportunities

April 29, 2019 13:51:59

The B. Riley 20th Annual Institutional Investor Conference aims to deliver valuable relationship-building opportunities
More than 300 public and privately traded companies and privately held firms are slated to attend this year’s conference
The conference is being held at the famous Beverly Hilton Hotel in Beverly Hills, California

Providing participants with an invaluable business development environment, the B. Riley 20th Annual Institutional Investor Conference looks to be a can’t-miss event. The elite conference offers sponsors the chance to meet and network with senior management teams, institutional investors and high net-worth individuals alike. The event will be held on May 22-23 in Beverly Hills, California, at the renowned Beverly Hilton Hotel.

B.Riley FBR Inc. is a foremost investment bank providing corporate finance, research and sales, and trading to its diverse clientele. The firm is nationally recognized for its highly-ranked proprietary equity research. B. Riley’s investment banking services include…

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NetworkNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) Innovative Technology Improves Delivery of Nicotine, Cannabinoids

April 29, 2019 13:12:49

Biotechnology company and drug-delivery platform innovator Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) has developed and out-licenses its pioneering-drug delivery platform DehydraTECH(TM), which improves the speed, taste and delivery of bioactive compounds, including nicotine and cannabinoids. A recent article discussing the company reads, “Furthermore, the DehydraTECH drug delivery platform increases bio-absorption by up to 10 times and lessens the time of onset, with effects being felt within 15 to 20 minutes, as compared to 60 to 120 minutes without the platform. In addition, the technology is patent protected for cannabidiol (CBD) and all other nonpsychoactive cannabinoids. Patents are also granted for THC (tetrahydrocannabinol), other psychoactive compounds and NSAIDs (nonsteroidal, anti-inflammatory drugs), as well as nicotine and other molecules. . . . Lexaria Bioscience has partnered with one of the world’s largest tobacco companies to fund the research and development of the DehydraTECH technology for oral nicotine. Through wholly owned subsidiary Lexaria Nicotine LLC, Lexaria is working to propel innovation in oral, reduced-risk nicotine consumer products utilizing DehydraTECH (http://nnw.fm/OmL1K).”

To view the full article, visit http://nnw.fm/bSL9u

About Lexaria Bioscience Corp.

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

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

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NetworkNewsBreaks – Cannabis Strategic Ventures Inc. (NUGS) Realizes Key Achievements

April 29, 2019 13:11:10

Los Angeles, California-based cannabis firm Cannabis Strategic Ventures (OTC: NUGS), through its diverse portfolio of subsidiaries, is focused on supporting entrepreneurial growth within the cannabis sector. An article discussing the company reads, “Thus far in 2019, NUGS has filed an application for uplisting to the OTCQB Venture Market; announced that it will partner with a Santa Barbara County cultivation operation that holds about 40 commercial cannabis licenses in Southern California; revealed that it will add a six-acre Northern California site to its holdings after having obtained over 20 licenses for cannabis manufacturing, distribution and cultivation there; and secured an investment of up to $3 million from student-led business Triton Funds subsequent to an upcoming S1 registration statement, which will allow Cannabis Strategic Ventures to accelerate its cultivation business priorities and the expansion of its existing portfolio brands.”

To view the full article, visit http://nnw.fm/p4Uig

About Cannabis Strategic Ventures Inc.

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 – Earth Science Tech Inc.’s (ETST) Total Compliance to the 2018 Farm Bill Drives Competitive Edge Nationwide

April 29, 2019 13:09:13

Earth Science Tech (OTCQB: ETST) boasts a suite of offerings that are derived from hemp rather than marijuana, making them compliant with the 2018 Farm Bill. This key difference results in a significant edge over competitors by permitting ETST to legally ship its Full Spectrum CBD products to all 50 states. An article discussing the company reads, “Widening its distribution and industry reach, Earth Science Tech offers medical, recreational and industrial hemp through its multiple wholly owned subsidiary companies. Canna Inno Laboratories Inc. allows Earth Science Tech access to Canadian government funding and advancements gleaned from product research and development via grants offered to pharmaceutical innovators. Cannabis Therapeutics Inc. was formed as an emerging biotechnology company and is poised to become a global leader in cannabinoid research and development.”

To view the full article, visit http://nnw.fm/PK9Vg

About Earth Science Tech Inc.

Earth Science Tech offers the highest purity and quality high-grade, full-spectrum cannabinoid oil on the market. Studies by DV Biologics prove the company’s CBD oil formulation lowers cortisol and functions as a 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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Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

April 29, 2019 13:08:58

Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion
City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public
The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada

The recently announced LOI (http://nnw.fm/uGJ04) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential of a Canada-wide retail presence with City’s own plans for retail expansion. Vancouver news outlet BIV noted that City Cannabis — termed Vancouver’s “first legal cannabis boutique” — expects to eventually operate 20 to 30 stores across the country (http://nnw.fm/eZV19). Wildflower already sells various CBD products throughout the U.S., and this latest announcement is seen as one part of Wildflower’s ongoing strategy to build itself as an international player in the global cannabis market.

City Cannabis is a cannabis retailer holding two of the three City of Vancouver licenses to sell cannabis, and it is the only company with multiple licenses in the Province of British Columbia. It is also expected to be the only…

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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Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

April 29, 2019 12:27:21

Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups
The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances”
Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction
The global hemp market is forecast to reach $5.7 billion in revenues by 2020

Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is strengthening its business incubation model through equity financing and debt financing in the emerging cannabis industries, announcing recently that it will partner with the Cannabis Mercantile Exchange (“Cannamerx”) as Cannamerx rolls out the first international global hemp and cannabidiol (CBD) auction platform.

Redfund’s focus on accelerating revenue-producing companies by helping them fund their efforts to get to the next level without giving away equity prematurely has proven a natural fit for rising businesses in the cannabis space as cannabis products gain…

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With Run for the Unicorns, Kentucky Mixes its Bourbon with Blockchain

April 29, 2019 11:28:07

At upcoming networking and tech conference Run for the Unicorns, Kentucky’s fine bourbon will be mixed with more than just soda or ginger ale. As well as the Kentucky Bourbon Trail and Kentucky Bourbon Trail Craft Tour, this year, the spirit leads to blockchain. The technology will be featured in Run for The Unicorns, a forum focused on the future, particularly the convergence of blockchain and gaming/virtual reality technologies (http://nnw.fm/83wOu). The event will be held from April 29 to May 4, 2019, to coincide with the Kentucky Derby Festival, which culminates with the Derby – “The Fastest Two Minutes in Sports” – on Saturday, May 4.

The Kentucky Bourbon Trail, now in its 20th year, tours Kentucky’s top-line distilleries, which, at present, include Angel’s Envy Distillery; Bardstown Bourbon Company; Evan Williams Bourbon Experience; Four Roses Distillery; Heaven Hill; Jim Beam American Stillhouse; Lux Row Distillers; Maker’s Mark; Michter’s Fort Nelson Distillery; Old Forester Distilling Co.; O.Z. Tyler; Rabbit Hole Distillery; the Stitzel-Weller Distillery; Town Branch; Wild Turkey Distillery; and the Woodford Reserve Distillery. Kentucky is home to dozens more whiskey manufacturers, some 13 of which are…

For more information, visit the event’s website at www.RunfortheUnicorns.com

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NetworkNewsBreaks – ChineseInvestors.com Inc. (CIIX) Subsidiary to Launch Glendale Galleria-Based Pop-up Store to Carry Industrial Hemp/CBD Products

April 29, 2019 11:08:59

Premier provider of financial news and education services for the Chinese-speaking community ChineseInvestors.com Inc. (OTCQB: CIIX) today announced that its wholly owned subsidiary, ChineseHempOil.com Inc., dba Chinese Wellness Center (“CWC”), plans to launch a pop-up kiosk in the Glendale Galleria mall located in Glendale, California. Per the update, following the scheduled launch on May 1, 2019, the pop-up kiosk will carry various industrial hemp/CBD products, including NuLeaf Naturals, Joy Organics, MedTerra, Hemp Meds, Medix, and CWC’s own product line, OptHemp.

“We are excited to bring our brand directly to the shoppers in the Greater Los Angeles area,” ChineseInvestors.com CEO Warren Wang said in the news release. “Building on the current success of CWC’s industrial hemp/CBD product offerings, this pop-up kiosk will allow us to further engage with our local consumers beyond our online presence.”

To view the full press release, visit http://nnw.fm/Eq7VG

About ChineseInvestors.com

Founded in 1999, ChineseInvestors.com endeavors to be an innovative company providing: (a) real-time market commentary, analysis and educational-related services in Chinese language character sets (traditional and simplified); (b) advertising and public relations-related support services; and (c) retail, online and direct sales of hemp-based products and other health-related products. For more information, visit the company’s website at www.ChineseInvestors.com

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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NetworkNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) Enters Agreement to Acquire Ownership Stake in The Physician’s Choice CBD LLC

April 29, 2019 11:07:42

Chemistree Technology Inc. (CSE: CHM) (OTC: CHMJF) this morning announced its entry into a funding agreement with The Physician’s Choice CBD LLC (“PCCBD”) of Phoenix, Arizona, which is dedicated to researching, developing and utilizing the highest quality of hemp-derived cannabidiol (“CBD”) in combination with well-studied and effective supplements to assist in supporting and regulating various symptoms.

“This investment in The Physician’s Choice CBD is a great opportunity for Chemistree,” Chemistree President Karl Kottmeier commented in the news release. “Dr. Grove and Dr. Kubitz are board certified practicing physicians with training at Harvard and the Mayo Clinic, specializing in pain management. Their collective education and practical experience is industry-leading and their commitment to the health of their patients and to developing real solutions to pain management with cannabidiol-based supplements is truly inspiring. The investment we are making into PCCBD gives us exposure to an entirely new industry and we are excited to assist wherever we can to see PCCBD continue to grow its sales and product offerings into a multi-state success. I encourage everyone to visit www.pccbd.com to learn more about this great new company and their comprehensive and growing line of CBD supplements.”

To view the full press release, visit http://nnw.fm/C1cfU

About Chemistree Technology Inc.

Chemistree Technology Inc. is an investment company dedicated to the U.S. cannabis sector, endeavoring to provide turn-key solutions for the regulated cannabis industry. The Company’s corporate strategy is to acquire and develop vertically integrated cannabis assets, leveraging management’s decades of expertise in the cannabis industry and corporate finance to own and operate licensed cultivation, processing, distribution and retail facilities. The Company currently owns assets in Washington State used to operate the Sugarleaf brand, prospective cannabis cultivation lands in California, a 50% interest in a Humboldt County, California cannabis processing company, has completed its first investment in the Canadian cannabis sector through its investment in Pasha Brands and has a pipeline of assets to grow its base of business. For more information, visit www.Chemistree.ca

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

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NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Secures Retail Distribution in 13 Additional Meijer Supermarket Locations

April 29, 2019 11:06:26

Nightfood Holdings Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning announced that the Meijer supermarket chain has added Nightfood ice cream to 13 additional store locations spanning Ohio, Michigan and Illinois. Per the update, the additional stores include four new Meijer Supercenters that are scheduled to open in May, as well as nine additional Meijer locations. “We’re very excited that Meijer, after really just a few weeks of sales data, decided to put Nightfood in over a dozen additional locations,” Jim Christensen, Nightfood’s VP of ice cream sales, stated in the news release. “We were pleased with the initial sales reports we received, and the consumer feedback has been nothing short of phenomenal. We have some exciting promotions planned as summer approaches, which we’ll announce shortly.”

To view the full press release, visit http://nnw.fm/NB9j8

About Nightfood Holdings

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

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NetworkNewsBreaks – Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) Announces Impending Launch of Choom-Branded Store in Niagara Falls

April 29, 2019 11:05:03

British Columbia-based fully-integrated cannabis company Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) this morning announced that, on April 26,2019, the Alcohol and Gaming Commission of Ontario (“AGCO”) issued a retail operator license to Lisa Bigioni and a retail store authorization for her Choom-branded cannabis store in Niagara Falls, Ontario. Per the update, the Niagara Falls retail location is expected to open in May 2019. “This is a very exciting time for Choom as we help Lisa to open her store in Niagara Falls using the Choom brand,” Chris Bogart, president and CEO of Choom Holdings, stated in the news release. “With our expertise in the cannabis retail channels, we are delighted to work with Lisa as she looks forward to opening and operating her Choom-branded store in Niagara Falls. The Niagara region represents a tremendous opportunity for her cannabis retail store, with well over 400,000 people living in the regional municipality and welcoming over 14,000,000 visitors a year.”

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

SAY HELLO TO CHOOM

Choom™ is an emerging adult use cannabis company whose mission is to establish one of the largest retail networks in Canada and the United States. 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, our brand caters to the Canadian adult use market with the ethos of ‘cultivating good times’. Choom™ is focused on delivering an elevated customer experience through our curated retail environments, offering a diversity of brands for Canadians across a national retail network. For more information, visit the company’s website at www.Choom.ca

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Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Provides Energy-Efficiency Solutions, Technologies in Burgeoning Cannabis Sector

April 29, 2019 10:40:14

Kontrol Energy Corp. grew its revenue run rate from $1.8 million to $16 million over the past two years
The company has a foothold in various industries, promising energy-efficiency solutions to help customers achieve green goals
Kontrol has secured contracts to provide services to licensed producers in the Canadian cannabis sector
The company recently announced the upcoming release of its 2018 financial results

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy-efficiency sector, is working to reshape the way consumers use, manage and strategically allocate resources. The company has taken root in myriad industries and promises to help customers realize their energy-efficiency goals.

Through Kontrol’s innovative solutions, customers can leverage more control over their energy consumption as they see immediate and real-time energy savings. Currently, the Kontrol Energy group of companies saves its customers…

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Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula

April 29, 2019 09:59:49

The cannabis beverage market is estimated to exceed $4 billion by 2022
Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market
Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) foresees a lucrative vertical emerging in the cannabis sector as the cannabinoid-infused beverages and edibles space continues to grow in popularity with consumers. A report from cannabis market research firm ArcView Research and BDS Analytics projects rapid growth in this arena, with sales of cannabis-derived edibles, which include beverages, expected to surpass $4 billion in the U.S. and Canada by 2022 (http://nnw.fm/oRd8j).

Sproutly’s wholly owned subsidiary, Toronto Herbal Remedies Inc. (“THR”), is already a licensed producer under Canada’s Cannabis Act, and it was recently granted a processing license from Health Canada that allows…

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420 with CNW – SOL Global Expands into Michigan Cannabis Industry with $150M Acquisition

April 29, 2019 03:20:16

On April 23, 2019, SOL Global, one of the leading medical cannabis companies in Florida, signed a binding letter of intent with Merida Capital Partners to acquire MCP Wellness, Inc., a subsidiary of Merida Capital.

The acquisition is worth $150 million, and it will see SOL Global take over the Michigan firm which is just about to acquire two licenses to cultivate cannabis as well as a license to process the cannabis and three more to dispense medical cannabis.

Additionally, MCP Wellness, Inc. has plans to establish nine provisioning (dispensing) centers by August this year if the municipalities approve their plans in time.

If all these plans go ahead as scheduled, SOL Global and Merida Capital Partners anticipate that the revenue of MCP Wellness, Inc. will exceed $61 million this year and grow to more than $121 million next calendar year (2020).

The acquisition of MCP Wellness, Inc. by SOL Global is expected to be concluded in May this year after the negotiation process, regulatory approval and other related requirements are met by both parties.

SOL Global owns a vertically integrated cannabis company in Florida called “3 Boys” through its subsidiary CannCure Investments Inc. SOL Global plans to fold MCP Wellness Inc. into 3 Boys and form a marijuana multi-state operator (MSO) called CannCure.

The letter of intent signed states that the purchase price of $150 million will not be fully paid in cash. Only $35 million will be paid in cash while the remaining $115 million will be in the form of equity in CannCure offered to Merida Capital Partners. This means that MCP will own a 42 percent stake in the new multi-state operator.

After the acquisition, the 110,000-square foot MCP Wellness Inc. cultivation facility in Michigan will be retrofitted so that CannCure can have added capacity to meet the rapidly growing demand for medical cannabis in Michigan.

Meanwhile, 3 Boys will also continue its own expansion drive within Florida. The company has already got the nod from the Office of Medical Marijuana and the Department of Health in Florida to start processing and provisioning medical marijuana products at their new facility in Indiantown, Florida.

SOL Global and Merida Capital Partners intend to spread their wings in other states as well. For example, SOL Global may soon finalize its plans to acquire a major cultivator and processer in California. Once that deal is concluded, SOL Global wants to take the multistate operator public on an exchange in Canada.

Choom Holdings Inc. (CSE: CHOO) (OTCQB: CHOOF) and ChineseInvestors.com Inc. (OTCQB: CIIX) congratulate SOL Global and Merida Capital upon the massive strides that they are taking to increase their footprint within the cannabis industry.

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420 with CNW – Cannabis Users Tend to Weigh Less, Study Finds

April 26, 2019 15:20:50

New research shows that people who use marijuana tend to weigh less than those who don’t. These findings run contrary to a common perception that cannabis users end up becoming obese.

The researchers took data from the National Epidemiologic Survey of Alcohol and Related Conditions and analyzed the BMI (body mass index) of 33,000 participants in the survey.

The analysis showed that out of all the cannabis users, 15 percent could be categorized as obese while the fraction of obese people among non-users of cannabis stood at 20 percent.

The data studied indicated that during the three-year period under scrutiny, all the participants registered an increase in weight. However, that increase was higher among those who didn’t use marijuana.

Granted, the weight difference between cannabis users and non-users was modest. For example, the difference was just two pounds for individuals weighing 200 pounds at the start of the research. However, that difference was observed throughout the study population.

These findings seem to suggest that people who use cannabis consistently have a lower likelihood of becoming obese over the years.

The lead author of the study, Assistant Professor Omayma Alshaarawy, wasn’t certain why those who use marijuana are less likely to become obese.

One of the possible reasons that he advances is that marijuana users may become more conscious about their eating habits due to the “munchies” associated with marijuana consumption. This behavioral factor can then explain why their weight stays in check.

Another possible reason that the researchers present is that marijuana may affect cells or receptors on cells to the extent that the tendency to gain weight is curbed. The researchers weren’t sure about the causative factor for this weight difference, so they called for more research to be done on the matter.

Alshaarawy was also quick to warn that their research should not be used as a reason for people to consume cannabis in order to manage their weight. He cautioned that the full extent of marijuana’s effects on the body hasn’t been understood yet, so people should use other methods of managing their weight instead of consuming cannabis as a weight-management technique.

For those who may be doubtful about the motivation of the researchers, remember that the study was funded by the National Institutes of Health, so there was no motivation to present marijuana in a favorable light.

Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) and Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) welcome the research which will help to dispel some of the misconceptions that have surrounded cannabis for long.

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NetworkNewsBreaks – The Flowr Corporation’s (TSX.V: FLWR) (OTC: FLWPF) Operational Efficiency to Rise as Completion of Facility Approaches

April 26, 2019 14:24:03

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian-licensed producer of premium cannabis products, recently detailed various milestones the company reached in the fourth quarter of 2018 and provided insight into upcoming activities. An article further discussing the company reads, “’The fourth quarter of 2018 marked a major milestone for Flowr, as we launched our medicinal and recreational sales channels after receiving our licenses in August 2018, and sold nearly 406 kilograms of premium cannabis, despite having only 20% of our grow rooms in Kelowna 1 operational during the quarter itself,’ Flowr Co-CEO Vinay Tolia said in a news release (http://nnw.fm/OfG19). . . . Flowr’s cultivation facilities, built with proprietary, patent-pending systems, are designed to consistently generate high crop yields of premium and ultra-premium cannabis products. Flowr’s flagship facility, an 84,000-square-foot campus on seven acres in Kelowna, British Columbia, is engineered to meet pharmaceutical industry production standards for cleanliness without resorting to the taste- and smell-killing gamma irradiation that most other licensed producers use to clean their product (http://nnw.fm/y84wV). . . . Flowr currently has 10 grow rooms in Kelowna 1 licensed for use, with eight rooms propagated with plants, and expects to have all 20 grow rooms fully constructed by the end of the third quarter of 2019. Completion of Kelowna 1 should enable the company to begin capitalizing on strategic growth opportunities for medicinal and recreational use, with approximately 10,000 kilograms of capacity for premium cannabis flower on an annualized basis.”

To view the full article, visit http://nnw.fm/qq5Sk

About the Flowr Corporation

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NetworkNewsBreaks – Sugarmade Inc. (SGMD) Poised to Profit after Passing of Legislation

April 26, 2019 14:21:58

Sugarmade (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is expected to profit from cannabis banking legislation if it is approved by Congress. A recent article discussing the legislation reads, “The lack of banking services has led the cannabis enterprises to transact finances, including corporate taxes, in sometimes large sums of cash that can’t be legally mailed and have to be carried to their destinations, creating fears of heightened criminal vulnerability as the cash is moved. However, the new Congressional measures would block federal agencies from being able to ‘prohibit, penalize, or otherwise discourage a depository institution from providing financial services to a cannabis-related legitimate business or service provider or to a State, political subdivision of a State, or Indian Tribe that exercises jurisdiction over cannabis-related legitimate businesses,’ if the bills are approved (http://nnw.fm/Y6CgP). . . . Such a law would allow growers to establish secured lines of credit, use electronic cards and become better business partners — all without having to worry about safeguarding cash transfers with every company with which they do business.”

To view the full article, visit http://nnw.fm/BMS7s

About Sugarmade Inc.

Sugarmade Inc. is a product and brand marketing company investing in products and brands with disruptive potential. Sugarmade’s brands include Zenhydro.com, AthenaUnited.com, 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 http://nnw.fm/SUGAR

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NetworkNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) to Revolutionize Cannabis Industry with Advanced Cultivation, Transformational Technologies

April 26, 2019 13:38:33

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) is a Canadian-licensed producer (“LP”) focused on developing and bringing to market consumer cannabis products with an emphasis on beverages. A recent article discussing the company reads, “Fundamentally, Sproutly is combining advanced cannabis cultivation and transformational technologies to redefine the cannabis industry. Via its acquisition of Infusion Biosciences, the company is bringing to market a patent-pending technology called the Aqueous Phytorecovery Process (APP) (http://nnw.fm/DK6Pw). Sproutly is the exclusive licensee of Infusion’s APP technology for the recovery of naturally water-soluble phytochemicals (Infuz2O). Sproutly also owns exclusive rights to the technology in Canada, Australia, Jamaica, Israel and the European Union. . . . True natural-water solubility replaces traditional water-compatible solutions, improving the body’s ability to use cannabinoids. APP provides onset and offset times that mirror the same effect as inhaled marijuana. This process maintains stability without modifying cannabis compounds. APP technology is a highly scalable and low-cost recovery method. It yields desirable economics versus other extraction methods, which necessitate additional processing beyond extraction to produce consumable products (http://nnw.fm/ScaW5).”

To view the full article, visit http://nnw.fm/x5JLM

About Sproutly Canada Inc.

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 – Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF) Pioneering Oil Extraction Technology

April 26, 2019 13:32:10

Petroteq Energy (TSX.V: PQE) (OTCQX: PQEFF) is developing an oil extraction technology with the potential to become a driving force in America’s energy independence. A recent article discussing the company reads, “Unlike fracking, or hydraulic fracturing, in which high pressure water and chemicals are injected into drilled wells to force open rock fractures and release trapped oil, Petroteq’s patented closed-loop ‘clean’ technology mines tar sand source material from land surfaces, minimizing financial and environmental risk while providing a significant investment benefit. Unlike traditional drilling, Petroteq’s closed-loop process has the advantage that, once a surface source has been identified, there is no investment risk related to exploration, because the extent of the resource is already known prior to set up.”

To view the full article, visit http://nnw.fm/1dEEN

About Petroteq Energy Inc.

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

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CannabisNewsAudio – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Expanding its Footprint in the Booming Legal Marijuana Market

April 26, 2019 13:17:41

Related Editorial
The cannabis industry presents a rare opportunity to profit from spectacular growth in a virtually untapped market.

Legal marijuana market projected to reach $146.4 billion.
United States and Canada current epicenter of cannabis growth.
Brand recognition and retail reach imperative for market share.

Capturing market share and creating long-term success in this explosive market will require brand recognition and retail reach. Shortly after posting its tenth consecutive quarter of increased revenues, Wildflower Brands Inc. (OTCQB: WLDFF) (CSE: SUN) (WLDFF Profile) announced intentions to further expand its footprint with the acquisition of premier licensed cannabis retailer, City Cannabis Corp. A finalized accretive acquisition will add significant revenues to Wildflower, providing access to several valuable cannabis licenses in lucrative premium locations. Other companies in the sector are looking to grow in the market through other promising ways. Tilray Inc. (NASDAQ: TLRY) recently acquired Natura Naturals Holdings, boosting capacity to supply cannabis products across Canada. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) bought hemp company AgriNextUSA to accelerate entry into key American jurisdictions. Medmen Enterprises Inc. (OTCQX: MMNFF) (CSE: MMEN) announced the purchase of two vertically integrated operations, which include retail locations and 25,000 square feet of cultivation and production capacity. And only two weeks ago, Curaleaf Holdings Inc. (OTCQX: CURLF) (CSE: CURA) completed the acquisition of Eureka to provide access to California’s wholesale market through a large greenhouse facility.

To view the full editorial, visit http://cnw.fm/0UGrt

To hear the CannabisNewsAudio version, visit http://cnw.fm/3kSyC

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.

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Global Consortium Inc. (GCGX) Says Uplisting Process is Underway, Receives Annual Cannabis Manufacturing License

April 26, 2019 11:37:56

During an investor conference call, GCGX’s CEO noted that the company’s ultimate goal is to be listed and traded on the Nasdaq
California has issued an annual license for adult and medicinal cannabis manufacturing to Global Consortium Group LLC
CEO Dwyer added that GCGX subsidiary Infused Edibles is expected to see its production operations relocated to Sacramento, California, by the end of Q2

Global Consortium Inc. (OTC: GCGX) CEO Matthew Dwyer said during an investor conference call (http://nnw.fm/YCe7l) that the company has already started its uplisting process by consolidating financials for its audit team. Following that, the company plans to begin the registration process to become listed and ultimately traded on a major stock exchange.

“Our goal is to go on Nasdaq and trade on that exchange,” Dwyer said during the call. He referred to the strategy of various companies in the cannabis space that were first…

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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Geyser Brands Inc. (TSX.V: GYSR) Building CBD-Based Product Portfolio in Wellness Industry

April 26, 2019 11:00:56

Geyser Brands has completed its first test harvest and second harvest as a cannabis cultivator under Health Canada’s licensing regulation, and it is working to complete licensing for direct-to-consumer sales; its third harvest, now in the ground, promises a 200 percent yield increase over the first two harvests
GYSR recently undertook a $400,000 private placement financing bid and welcomed two new investor relations officers to boost its management team
The company has signed a non-binding letter of intent to acquire the cannabis brands and assets of Solace Management Group

Cannabis cultivator Geyser Brands Inc. (TSX.V: GYSR) is beginning to steam its way into an industry centered on what is known as a natural, healthful recourse for people struggling to manage insomnia, digestive difficulties, pain and inflammation. Geyser is building brands and celebrating the successful March harvest of its first test crops under the requirements of Health Canada’s license to cultivate.

Geyser Brands is a British Columbia-based company producing consumer health care products and brands through a formulation laboratory focused on enhancing the bio-availability and shelf stability of all-natural, hemp-derived cannabidiol (CBD) products. The company’s proprietary NanoFusion technology is at the heart of its topical, cream, beverage and baked goods, oil and tincture formulations for…

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NetworkNewsBreaks – Phivida Holdings Inc. (CSE: VIDA) (OTCQX: PHVAF) Launches Oki Online Store, Offering Active Hemp Extract Infused Products

April 26, 2019 10:45:11

Premium functional food and beverage company Phivida Holdings (CSE: VIDA) (OTCQX: PHVAF) this morning announced the launch of its new and highly-anticipated online store, feelOki.com. Per the update, today’s launch will provide consumers located in the U.S. access to the company’s Oki brand of premium beverages and supplements infused with active hemp extract. As an introductory offer, all orders over $59 will ship free to any location across the U.S. mainland, and any initial order for new customer account sign-ups will include a 10 percent discount. “Going to direct-to-consumer has always been a priority for us and our newly launched e-store is a great option for consumers looking to purchase our Oki beverages and health supplements,” Phivida Chief Marketing Officer Mike Cornwell said in the news release. “The site provides easy‑to‑use access for those who are located anywhere in the United States, and rewards new customer sign-ups with 10 per cent off any first order. We understand the demand for our products is increasing, and we wanted to ensure a fast way to get them into the hands of everyone.”

To view the full press release, visit http://nnw.fm/USkJ5

About Phivida Holdings Inc.

Phivida Holdings Inc. is headquartered in Vancouver, BC with operations in San Diego, CA. Phivida is a premium functional food and beverage company focused on whole plant nutrition and natural ingredients that help best maintain overall health and balance in the human body. The company infuses organic active hemp extract into a variety of premium beverages and clinical products for everyday health. Phivida embraces and celebrates a return to organic, natural, plant-based foods and beverages, and a focus on holistic health and wellness. The mission is to help reduce the world’s dependence on pharmaceuticals and provide food and beverage choices that allow customers to live a balanced healthy lifestyle. For more information, visit the company’s website at www.Phivida.com.

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

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Marijuana Company of America Inc. (MCOA) Celebrates Significant Revenue Growth, Budding Cannabis Delivery Service

April 26, 2019 10:28:15

Marijuana Company of America Inc. has returned to its roots with a joint venture to launch a cannabis delivery service targeted at California’s recreational market
Market researchers predict that California’s cannabis sales will hit $5.1 billion this year and $7.7 billion by 2022
MCOA’s year-end financial report noted an increase of 840 percent in annual revenues, thanks primarily to the company’s proprietary hempSMART brand

Marijuana Company of America Inc. (OTCQB: MCOA) is solidifying its position as an innovative pioneer in the cannabis industry as it forms a strategy for new growth and celebrates significant revenue gains over the past year.

Marijuana Company of America has long developed a presence in the hemp-derived product market, edifying a framework of cannabidiol (CBD) cultivation and distribution opportunities primarily through its proprietary hempSMART brand. However, as legislative and industry opportunities open up, MCOA is re-establishing its root identity 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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NetworkNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Announces European Subsidiary’s Receipt of Organic Certification