Archive for August, 2018

$YGYI Introduces Hemp FX™ Product Line, Enters $7.7B Cannabis Market

Three new, hemp-derived cannabinoid oil based proprietary formulas opens up a new market opportunity for YGYI

SAN DIEGO, Aug. 30, 2018 — YGYI, Inc. (YGYI), a leading omni-direct lifestyle company, introduced their new Hemp FX™ product line at their 2018 Convention in San Diego, Calif. These products are comprised of three new proprietary blends of hemp-derived cannabinoid products (Soothe™, Relax™, and Uplift™).  A limited quantity of the three new formulas were available for Pre- Sale purchase to attendees at Youngevity’s Convention and quickly sold-out at the event.  Youngevity’s Hemp FX™ products will be available for purchase to the public soon with the official launch date to take place by October 2018.

To be alerted and notified about the upcoming official launch and to learn more about Youngevity’s Hemp FX product line, visit www.hempfx.com.

For 21 years, Youngevity has prided itself on developing the highest-quality and most well-researched nutritional products. Each formula in the Hemp FX product line combines an exclusive source of organically grown hemp-derived cannabinoids with Youngevity signature nutrients.

Soothe™ contains a proprietary hemp-derived cannabinoid oil, as well as a variety of herbs, minerals, and a powerful antioxidant – glutathione.  Soothe™ supports a healthy immune system and soothes sore, tired, and achy muscles and joints.

Relax™ features the same hemp-derived cannabinoid oil found in Soothe™, combined with the relaxing botanicals chamomile, lavender, valerian, and melatonin – for its sleep-supporting benefits.

Uplift™ takes Youngevity’s exclusive hemp-derived cannabinoid oil and combines it with St. John’s Wort and a specialized set of natural terpenes (cannabinoid enhancers).

The cannabidiol market is expected to see significant growth in the immediate future. Direct Selling News recently reported that, “According to recent data published by Forbes, citing Brightfield Group, the global cannabis market is projected to reach $31.4 billion by 2021. By end of 2017, the global market value was estimated at $7.7 billion.”

With validation from independent 3rd party testing and the growing market, the Hemp FX products have the capacity to transform the nutritional industry and Youngevity’s consumer base. Youngevity CEO Steve Wallach states, “Hemp-derived cannabidiol aligns with what we do very well. We’ve taken what we know about essential nutrients, along with decades of knowledge specializing in natural, plant-based nutrition and their most beneficial nutrients and put that knowledge to work to develop high-end cannabidiol products.”

About Youngevity International, Inc.           

YGYI, Inc. (NASDAQ:YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and includes statements such as the expected growth in the cannabidiol market and the capacity of the Hemp FX products to transform the nutritional industry and Youngevity’s consumer base.. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others,  the future growth of the cannabidiol market and ability of the Hemp FX products to transform the nutritional industry and Youngevity’s consumer base, our ability to continue international growth, our ability to continue our coffee segment growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability  to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance, and the other factors discussed in our Annual Report on Form 10-K and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts
Investor Relations
YGYI Investor Relations
800.504.8650
investors@ygyi.com

Media Relations
Trendlogic PR
800.992.6299
contact@trendlogicpr.com

Friday, August 31st, 2018 Uncategorized Comments Off on $YGYI Introduces Hemp FX™ Product Line, Enters $7.7B Cannabis Market

$NUGL Meeting the Needs of the Expanding Cannabis Industry with Flexible Web App Technology

  • Comprehensive, flexible web app technology means superior service that meets the needs of expanding cannabis community and industry
  • Powerful web app based engine offers unique search functionality, profile building and networking capabilities for cannabis cultivators, brands, dispensaries and all associated service-related industries
  • U.S. legal cannabis market projected to reach more than $23 billion in consumer spending by 2022
  • NUGL app gives consumers easy-to-locate info on all things cannabis, with unbiased reviews connecting users to their favorite brands, locations
  • Serving international markets with no geographic limitations thanks to innovative, first-to-market technology

NUGL Inc. (OTC: NUGL), the cannabis industry’s new standard of technology, does more than help cannabis consumers and business owners find each other; its platform is the first software application that reaches beyond the basics and offers sophisticated, in-depth marketing and networking capabilities to the entire 420 community. The metasearch engine and online directory built into NUGL’s mobile app provides freedom of information and movement for the cannabis industry as it leaves behind the shadows and rapidly grows into a mainstream economic and cultural force.

The legal cannabis market in the U.S. is projected to reach $11 billion in consumer spending in 2018 and more than $23 billion by 2022, according to “The State of Legal Marijuana Markets, Sixth Edition,” released in June by Arcview Market Research in partnership with BDS Analytics. Even though legalization of cannabis is still underway in the U.S., the report forecasts a continuing rollout of adult-use recreational and medicinal programs throughout the country at a 22 percent compound annual growth rate over that five-year forecast period (http://nnw.fm/X2u2c).

Keeping up with that kind of growth is easier with the NUGL app, especially for consumers who might find the industry confusing and hard to decipher. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone. The NUGL app can act like Yelp, Facebook, LinkedIn, Google and other social sites as it brings elements of the 420 community together.

“Brands are and will be the focus for us,” Ryan Bartlett, CMO of NUGL, stated in a news release (http://nnw.fm/1rKJq). “Now users can search for brand specific items and see which stores offer these items, where they are located and read or offer their own unbiased reviews.”

Two new NUGL features – profile claiming and the brand locator – give cannabis companies the power to build their own dedicated profile featuring their brands and services on the app, while consumers can enjoy discovering where they can purchase exactly what they want to buy and even leave behind a personal review for others to see. The company’s expanded NUGL platform also offers an organized marketing website for B2B applications. For startups and others that are new to the industry, NUGL’s marketing and business capabilities are an exciting advancement.

In a MarketingDaily article (http://nnw.fm/XDQ5q), James Jordan, NUGL’s new vice president for strategic relations, notes that on NUGL’s site, real estate agents and accountants could hook up with fledgling cannabis companies, growing brands of strains and dispensaries can find each other and possible investors looking for budding entrepreneurs will have much to consider.

Adding new features to NUGL’s platform on a near-weekly schedule is keeping the company’s software developers busy, said Jeff Odle, NUGL’s chief technical officer, adding, “One of the features is an enhanced menu that will blow our user base away.”

NUGL’s user and profile base of listings and brands is growing fast with dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands being added daily. NUGL has recently expanded outside of California and will continue to methodically market in each state.

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

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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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$SNNVF Considered Undervalued by Investment Researchers

  • Beacon Securities Limited argues that Sunniva’s Canadian greenhouse alone is worth more than its entire market cap
  • California facility, Canadian cannabis clinics add to company’s value
  • Sunniva also bolstered by agreement with licensed producer Canopy Growth Corp. amid heightened M&A activity in cannabis sector

Cannabis supplier Sunniva Inc.’s (CSE: SNN) (OTCQX: SNNVF) strengthening foothold in California’s and Canada’s consumer-populated markets has been failing to translate to its stock price and market cap since it began trading on the Canadian Securities Exchange and the U.S. OTCQX® Best Market in January, leading investment researchers at Beacon Securities Limited (http://nnw.fm/EX6vv) to classify Sunniva’s public offering as a “badly mispriced” listing that could reward investors who buy in at undervalued levels reported at the time of its July 30 market update, titled ‘Sunniva Inc. (CSE: SNN) California Dreams Have Never Been This Cheap’.

Beacon Securities argues that Sunniva’s assets in Canada are worth more than the company’s entire current $180 million market cap and that its near-commercialization property in California is effectively being given zero value, “or, in fact, negative — a proposition that is ludicrous given the imminent launch of its 489,000 SF greenhouse (with on-site dispensary and distribution license) in the world’s largest cannabis market in California.”

The company’s Canadian assets include a 740,000-square-foot greenhouse in British Columbia that has been permitted and has solidified a take-or-pay agreement with licensed producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) for 45 percent of its output. Beacon notes the heightened pace of merger and acquisition transactions in the cannabis marketplace and opines that it would not be surprising if Canopy buys Sunniva’s Canadian assets just to secure a quality production pipeline.

Beacon anticipates a potential valuation of $250 million for Sunniva’s facility in the community of Okanagan Falls, an unincorporated area 45 kilometers (28 miles) north of the U.S.-Canada border, and it adds the $10 million of yearly revenue generated by Sunniva’s seven medical clinics that could be vertically integrated as a distributor of the facility’s production.

“In summary, we believe the current market cap of Sunniva reflects neither the value of (its) Canadian or US assets. With M&A heating up in both Canada and the US, we believe investors will be rewarded upon buying shares at current levels, especially given the leadership team’s significant experience in maximizing shareholder value,” Beacon’s report concludes.

CEO Anthony Holler told industry trade magazine Public Entrepreneur that the Cathedral City, California, operation should begin production in the third quarter of this year, with the possibility of delivering its first crop before year-end, even before it achieves full-scale operation (http://nnw.fm/B2YKs). Notably, the company is good manufacturing practices certified, which also gives it gravitas with international markets.

For more information, visit the company’s website at www.sunniva.com

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About NetworkNewsWire

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

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

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$VVCIF Releases Q2 2018 Results

NAPANEE, Ontario, Aug. 30, 2018 — VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: VVCIF) (“VIVO” or the “Company”) is pleased to announce the release of its Q2 2018 financial statements and to provide an update on recent business activities.

“Since our last business update following the release of our Q1 2018 financial statements, we have continued to enhance our leadership team, and announced the introduction of three new brands –  Beacon MedicalTM,, focused on helping patients easily navigate medical cannabis choices, LuminaTM, targeting the wellness market segment, and FIRESIDETM, appealing to social recreational users, as well as the re-branding of the Company under the VIVO umbrella. We have also continued to improve operational efficiencies and have made meaningful production capacity advancements,” commented Barry Fishman, CEO of VIVO. “Most significantly, we announced the planned acquisition of Canna Farms, a successful BC based Licensed Producer with a long track record of sales growth and profitability. The acquisition is expected to close shortly, following which, utilizing the over $100 million in cash we will have following the closing, VIVO will be well-positioned to accelerate the growth of our business, in Canada and internationally.”

FINANCIAL RESULTS

VIVO reported revenues of $1.1 million (an approximate four-fold increase over the same quarter last year) and a net loss of $0.8 million for the second quarter of 2018, as the Company continues to invest to drive future growth. As at June 30, 2018, the Company had $130 million in cash, cash equivalents and marketable securities, and 194.5 million common shares outstanding.

BUSINESS UPDATE

During Q2 2018, VIVO continued to focus on the following:

1. Canna Farms Acquisition

VIVO recently announced its agreement to acquire Canna Farms Limited, a premium cannabis company and the first Licensed Producer in BC. With its many years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow, the transaction is expected to be very positive for VIVO shareholders.  It is a transformational acquisition for VIVO, with expected benefits to include increased production capacity, an expanded product offering, operational efficiencies, and a more robust platform from which to accelerate VIVO’s growth. The highlights of the transaction are as follows:

  • Increased Capacity and Scale: Additional funded production capacity of 25,000 kilograms and multiple provincial supply agreements already secured.
  • Expanded Product Line and Genetics: The ability to leverage strong anticipated adult-use demand for premium products, including Canna Farms’ award-winning B.C. Bud.
  • Strengthened Leadership Team: A seasoned and diverse leadership team with experience in all aspects of the business, including cultivation, product development, branding and demand creation.
  • International Leverage: Canna Farms’ Dealers License, along with the combined resources of the two companies, are expected to position the combined entity more favourably to international markets.
  • New Product Development: A strengthened foundation that is expected to facilitate a continuous stream of novel product offerings for both domestic and international markets.
  • Enhanced Financial and Capital Markets Profile: The enhanced market capitalization and strong cash position of over $100 million, combined with Canna Farms’ positive operating cash flow and trailing adjusted EBITDA margins of 46%, are expected to result in a more robust capital markets profile.
  • Immediately Accretive: The transaction will be immediately accretive. In the twelve months ending June 30, 2018, Canna Farms generated unaudited revenue and adjusted EBITDA of $9.4 million and $4.3 million, respectively. For the fiscal year ending September 30, 2017, Canna Farms generated audited revenue of $5.8 million and adjusted EBITDA of $2.8 million.
  • Cost and Operational Synergies: Having realized a positive return on invested capital since inception, Canna Farms brings an industry-leading cost structure with strong adjusted EBITDA margins. The combined company is expected to benefit from anticipated yield improvements and cost and operational synergies.

2. Capacity Expansion

  • Year-End 2018 expected capacity – 1,500 kilograms of indoor-grown premium dry flower and 4,000 kilograms of greenhouse-grown cannabis.
  • Mid 2019 expected capacity – 1,500 kilograms of indoor-grown premium bud and 14,000 kilograms of greenhouse-grown cannabis. The Company’s Vanluven facility expansion is now complete.  Upon receiving Health Canada approval, VIVO will immediately begin cultivation in its expanded state-of-the-art facility and will bring on-line its extraction, formulation and packaging capabilities. VIVO is expecting to receive GMP certification for the Vanluven facility in late Q4 2018 or early Q1 2019, facilitating the export of products to Germany and other international markets.

Kimmett Construction Underway:

  • Phase 1, consisting of the construction of four greenhouses and a header house with expected annual production capacity of approximately 4,000 kilograms, is well underway. Subject to receipt of necessary Health Canada approvals, this innovative design is expected to result in one of the lowest capital and operating costs per gram in the industry.
  • Phase 2, consisting of additional greenhouses with expected annual production capacity of approximately 10,000 kilograms, is expected to begin production in Q2 2019 and to bring the Company’s total annual production capacity to approximately 15,500 kilograms.
  • Phase 3, consisting of an indoor growing facility that is expected to include the ‘Auxly expansion area’, is expected to be a hybrid production facility with an estimated 17,000 kilograms of capacity, and is planned to commence production in late 2019. The Company continues to work with Auxly Cannabis Group on this design, with the intent of completing an agreed-upon project plan in Q3 2018. Upon the completion of Phase 3, the Company’s Napanee facilities are expected to have a total annual production capacity of approximately 32,500 kilograms.

In order to enhance near term product supply, the Company has also entered into several domestic third-party supply agreements, which are expected to provide over 5,000 kilograms of cultivation output.

3. Go-to-Market Strategy

  • The Company’s corporate rebranding is well underway, which has included a change of the Company’s name to better reflect VIVO’s evolution, purpose and direction.
  • VIVO has unveiled its three core brands for the medical and recreational adult-use markets.
  • Harvest Medicine has opened its second clinic in St. Albert, Alberta, and is achieving promising patient flow.
  • Harvest Medicine has completed beta testing of its telemedicine platform, which it expects to launch in September.
  • VIVO announced that Joel Mallard has joined the team as the Company’s Chief Customer Officer, tasked with building and leading its sales strategy across all markets.

In Q2, VIVO was also pleased to announce that it has entered into agreements with the Ontario Cannabis Store, to supply Ontario with 16 cannabis products, and the Alberta Gaming & Liquor Commission, to supply Alberta with VIVO’s high-quality recreational cannabis products. The Company is also aggressively pursuing additional supply agreements.

VIVO’s product development focus is now on launching its cannabis oil products. The development process is complete, and the Company is anticipating imminent receipt of a license to sell its oils from Health Canada. The Company also plans to expand its medical product offering in the future to include a variety of formats that provide precise, consistent dosing.

4. International Expansion

  • Exports to Australia continue, with clinical trial enrollment underway.
  • GMP preparation continues on-track, facilitating future sales to Germany.

VIVO’s agreement to supply medicinal cannabis to the Australian Medicinal Cannabis Service, as well as a research agreement with the Metro Pain Group (the “MPG”), a prominent group of pain physicians in Melbourne, has lead to its first shipment to its partners. VIVO’s product is currently being transformed into clinical trial material in Australia and will be administered to patients in a study designed, and to be conducted, by the MPG. Enrollment in this study, exploring the use of cannabinoids in the management of chronic pain, has commenced and the first patient visit is anticipated in the coming weeks.

VIVO has submitted joint applications to the German Narcotic Agency (BfArM) seeking approval for a narcotic import and distribution license. This approval, expected by the end of 2018 or early 2019, will permit VIVO to ship medicinal cannabis to the German market. The Company aims to obtain a distribution license in Germany after GMP certification of its Vanluven facility is received and the required stability testing of its products is completed. VIVO is currently preparing its submission for cultivation to the newly announced German tender process and continues to evaluate multiple opportunities to enter into additional European markets.

5. R&D Initiatives

VIVO’s partnership with the University of Guelph reached a milestone in Q2 2018, during which its five PS1000 chambers were fully commissioned, and research studies using these global state-of-the-art growth chambers has commenced.  The chambers were developed as part of an exclusive partnership between VIVO and the University of Guelph’s Controlled Environment Systems Research Facility (“CESRF”), that was initially formed in 2015. CESRF is the world’s leading controlled environment research and technology development institute. The coordinated R&D program is unique to the cannabis industry, has resulted in the first peer reviewed scientific publications on cannabis cultivation in North America, and is expected to directly benefit VIVO’s ability to product the highest quality, most consistent cannabis possible.

VIVO has also entered into a partnership with an Ontario college to implement optimized extraction methods at its Vanluven facility. The Company is also accelerating focus on the development of several novel product strains and formulations.

About VIVO Cannabis™

VIVO is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and its world-class indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology. VIVO is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany, Australia and Israel.

More Information

Barry Fishman, CEO:  barry.fishman@vivocannabis.com
Michael Bumby, CFO:  michael.bumby@vivocannabis.com
Website:                    vivocannabis.com

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of VIVO and its management regarding the future. Forward-looking statements in this news release include statements relating to: the expected timing of closing of the Canna Farms acquisition; the anticipated benefits to VIVO that will arise from the Canna Farms acquisition and that following such acquisition the Company will be well positioned to accelerate the growth of its business; VIVO’s expected timing for completion of the three phases of its Kimmett construction, as well as the expected capacity from each of its facilities; the expected timing of receipt of GMP certification for the Vanluven facility; VIVO’s future plans with respect to cultivation, distribution and imports into Germany, Australia and other international jurisdictions; the proposed timing of launch of the Harvest Medicine telemedicine platform; the expected timing of receipt of a license to sell cannabis oils; and the Company’s relationships with educational institutions and research activities. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: (i) that VIVO may not be able to achieve its production capacity targets at either its current Vanluven facility or proposed Kimmett facility; (ii) that VIVO may not obtain Health Canada approval for any and all phases of its Kimmett construction; (iii) that VIVO may not complete the Kimmett Phase 3 plan prior to the deadline provided in the Auxly Cannabis Group agreement; (iv) that the Company may not be able to launch new products in the time expected or at all; (v) that the Company may not be able to achieve competitive margins; (vi) that VIVO may not be able to increase the sales of its products in the current domestic market or to successfully launch new product lines in the time expected or at all; (vii) that new products, if launched, may not be accepted by the market or may become subject to product liability claims; (viii) that VIVO may not be able to obtain a distribution/import license or a cultivation license for Germany or other emerging markets it is targeting; (ix) that VIVO may not be able to serve larger and broader markets as a result of its production increase; (x) that VIVO may be unable to retain its key talent; (xi) that VIVO’s management may be unsuccessful in implementing its 2018 strategic plan; (xii) that  the acquisition of Canna Farms will not close within the expected timeline or at all; (xiii) that VIVO and Canna Farms will not be able to successfully integrate their businesses and achieve any or all of the potential synergies expected from the acquisition; and (xiv) other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

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$YGYI Enters the $7.7B Cannabis Market with Hemp FX™ Product Line

SAN DIEGO, Aug. 30, 2018 — YGYI, Inc. (YGYI), a leading omni-direct lifestyle company, introduced their new Hemp FX™ product line at their 2018 Convention in San Diego, Calif. These products are comprised of three new proprietary blends of hemp-derived cannabinoid products (Soothe™, Relax™, and Uplift™).  A limited quantity of the three new formulas were available for Pre- Sale purchase to attendees at Youngevity’s Convention and quickly sold-out at the event.  Youngevity’s Hemp FX™ products will be available for purchase to the public soon with the official launch date to take place by October 2018.

To be alerted and notified about the upcoming official launch and to learn more about Youngevity’s Hemp FX product line, visit www.hempfx.com.

For 21 years, Youngevity has prided itself on developing the highest-quality and most well-researched nutritional products. Each formula in the Hemp FX product line combines an exclusive source of organically grown hemp-derived cannabinoids with Youngevity signature nutrients.

Soothe™ contains a proprietary hemp-derived cannabinoid oil, as well as a variety of herbs, minerals, and a powerful antioxidant – glutathione.  Soothe™ supports a healthy immune system and soothes sore, tired, and achy muscles and joints.

Relax™ features the same hemp-derived cannabinoid oil found in Soothe™, combined with the relaxing botanicals chamomile, lavender, valerian, and melatonin – for its sleep-supporting benefits.

Uplift™ takes Youngevity’s exclusive hemp-derived cannabinoid oil and combines it with St. John’s Wort and a specialized set of natural terpenes (cannabinoid enhancers).

The cannabidiol market is expected to see significant growth in the immediate future. Direct Selling News recently reported that, “According to recent data published by Forbes, citing Brightfield Group, the global cannabis market is projected to reach $31.4 billion by 2021. By end of 2017, the global market value was estimated at $7.7 billion.”

With validation from independent 3rd party testing and the growing market, the Hemp FX products have the capacity to transform the nutritional industry and Youngevity’s consumer base. Youngevity CEO Steve Wallach states, “Hemp-derived cannabidiol aligns with what we do very well. We’ve taken what we know about essential nutrients, along with decades of knowledge specializing in natural, plant-based nutrition and their most beneficial nutrients and put that knowledge to work to develop high-end cannabidiol products.”

About Youngevity International, Inc.           

YGYI, Inc. (NASDAQ:YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and includes statements such as the expected growth in the cannabidiol market and the capacity of the Hemp FX products to transform the nutritional industry and Youngevity’s consumer base.. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others,  the future growth of the cannabidiol market and ability of the Hemp FX products to transform the nutritional industry and Youngevity’s consumer base, our ability to continue international growth, our ability to continue our coffee segment growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability  to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance, and the other factors discussed in our Annual Report on Form 10-K and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts
Investor Relations
YGYI Investor Relations
800.504.8650
investors@ygyi.com

Media Relations
Trendlogic PR
800.992.6299
contact@trendlogicpr.com

 

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$PBIO Awarded Key U.S. Patent

Invention Opens Path for Integration of Automated ”Hands-Free” Sample Prep Workflows Utilizing Company’s Patented High-Pressure Platform Technologies

SOUTH EASTON, MA / August 30, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (”PBI” or the ”Company”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform solutions to the worldwide life sciences industry, today announced the award of a key new U.S. patent, entitled ”Flow-through High Hydrostatic Pressure Microfluidic Sample Preparation Device and Related Methods Therefor.” This new patent (US 9995661) brings the Company’s Intellectual Property (”IP”) estate up to a total of 21 issued patents.

Dr. Alexander Lazarev, PBI’s Vice President of Research and Development, said: ”This long-anticipated patent is a very important development for the Company on multiple fronts, and the timing of its issuance could not be better. This invention covers key elements of our plans for developing automated, ”hands-free” sample handling for the next generation of our high-pressure sample preparation platform technologies. This invention also enables a unique capability for maintaining high pressure in a flow-through format (rather than current batch processing), which we expect will facilitate the development of new, automated continuous process monitoring tools applicable to diverse segments of the life sciences industry. Finally, we believe this novel flow-through concept offers critical enablement for future system design strategies for epitope characterization, an emerging area in development and production of biotherapeutics that could revolutionize personalized therapy for numerous medical conditions, including autoimmune diseases and a variety of rare medical disorders.”

Mr. Richard T. Schumacher, President and CEO of PBI, added: ”We believe that the hands-free, automated workflow enabled by this invention will allow for the development of valuable enhancements in efficiencies, throughput and contamination avoidance for our instrument and consumable product lines. We also believe this invention will accelerate our expansion into larger scale applications and users in multiple major business segments for the Company. Growth in these additional areas should further cement and expand market acceptance and recognition for PBI’s innovative and enabling pressure-based platform technologies and spur concomitant growth in revenue and shareholder value.”

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. Our 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). Our 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 our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics contract research services sector, and (2) the use of our 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.

Forward Looking Statements

This press release contains forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” estimates,” “predicts,” “projects,” “potential” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. In evaluating these statements, you should specifically consider various factors. Actual events or results may differ materially. These and other factors may cause our actual results to differ materially from any forward-looking statement. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

For more information about PBI and this press release, please click on the following website link:

http://www.pressurebiosciences.com

Please visit us on Facebook, LinkedIn, and Twitter.

Investor Contacts:

Richard T. Schumacher, President and CEO (508) 230-1828 (T)
Alexander Lazarev, Ph.D., VP of R&D (508) 230-1829 (F)

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$NUGL Engages ‘Super Lawyer’ as Consultant to Help Protect Growing Brand and IP

  • NUGL has hired a renowned attorney to serve as an IP and trademark law consultant
  • NUGL has created one of the largest cannabis-related search app platforms and the world’s very first comprehensive cannabis search engine
  • Company’s database includes only true, untainted user ratings and feedback, with no fake reviews or purchased top-spot listings

NUGL Inc. (OTC: NUGL), creator of the world’s first comprehensive cannabis software platform and a company setting a new technology standard for the cannabis industry, recently announced that it has hired renowned attorney Scott P. Shaw to serve as an expert industry consultant in IP and trademark law (http://nnw.fm/84K5b).

Named a “Super Lawyer” in 2017 by Los Angeles magazine – an honor recognizing attorneys who rank in the top five percent for excellence in practicing law – Shaw is a shareholder with Call & Jensen and specializes in litigation and strategic client counseling for that firm. He was honored as a “Rising Star” for eight years and was been distinguished as one of the “2015 Top 25 Orange County Rising Stars” and the “Top 100 Southern California Rising Stars.”

In engaging Shaw’s services, NUGL aims to protect its brand and intellectual property – a necessary measure as the company continues to grow and build a diverse range in its network of profiles. As one of the largest cannabis-related search app platforms, offering unparalleled expertise in forming brands within the cannabis space, NUGL continues progressing toward its goal of becoming a household name in the cannabis industry.

NUGL stands out in the cannabis space by offering the only cannabis search app that provides pure search results that are equal and unbiased; the company does not sell top-spot listings or fake reviews.

NUGL’s app provides topnotch searchability to connect users with customer-rated dispensaries, cannabis strains and brands, but its services go far beyond that, delivering something greatly needed and truly unique in the cannabis space. NUGL’s application provides profiles for every type of cannabis brand, business and service, including listing physicians, lawyers, accountants, real estate agents and other entities that offer cannabis-related services.

Other features that set NUGL’s application apart are its superior networking capabilities and its ability to arm novice startups with the marketing and business tools they need to move forward – tools that are otherwise largely unavailable in the cannabis space.

As the cannabis industry continues to grow and as consumers become more knowledgeable, demand for specific marijuana brands will increase, and brands will emerge with more narrowed focuses. The startups and developers behind these brands will need an improved means of getting their products on the right shelves and in front of consumers, and NUGL provides that. NUGL’s new technology gives cannabis brands and service providers the ability to actively network and make crucial connections. Through NUGL’s technology, a brand holder can reach out to dispensaries, for example, to forge deals to get his or her brand on the necessary shelves. This provides a brand with physical availability addresses, which, in turn, gives the consumer the necessary content to conduct a superior search for products and services.

Notably, NUGL’s comprehensive, flexible technology has been built on a web app, with the user interface and client-side logic running in a web browser. This web application communicates seamlessly with both iOS and Android.

NUGL has launched numerous features, including exclusive profile claiming, features for brands and listings and honest consumer-based reviews. The company is quickly gaining market share and now has directory services that span North America. The company’s B2B and B2P application is one-of-a-kind in the cannabis industry, providing a crucially needed service as the cannabis space continues to evolve at breakneck speed.

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

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Thursday, August 30th, 2018 Uncategorized Comments Off on $NUGL Engages ‘Super Lawyer’ as Consultant to Help Protect Growing Brand and IP

$VVCIF Announces Release of Q2 2018 Fiscal Results

NAPANEE, Ontario, Aug. 30, 2018 — VIVO Cannabis Inc. (TSX-V: VIVO, OTCQB: VVCIF) (“VIVO” or the “Company”) is pleased to announce the release of its Q2 2018 financial statements and to provide an update on recent business activities.

“Since our last business update following the release of our Q1 2018 financial statements, we have continued to enhance our leadership team, and announced the introduction of three new brands –  Beacon MedicalTM,, focused on helping patients easily navigate medical cannabis choices, LuminaTM, targeting the wellness market segment, and FIRESIDETM, appealing to social recreational users, as well as the re-branding of the Company under the VIVO umbrella. We have also continued to improve operational efficiencies and have made meaningful production capacity advancements,” commented Barry Fishman, CEO of VIVO. “Most significantly, we announced the planned acquisition of Canna Farms, a successful BC based Licensed Producer with a long track record of sales growth and profitability. The acquisition is expected to close shortly, following which, utilizing the over $100 million in cash we will have following the closing, VIVO will be well-positioned to accelerate the growth of our business, in Canada and internationally.”

FINANCIAL RESULTS

VIVO reported revenues of $1.1 million (an approximate four-fold increase over the same quarter last year) and a net loss of $0.8 million for the second quarter of 2018, as the Company continues to invest to drive future growth. As at June 30, 2018, the Company had $130 million in cash, cash equivalents and marketable securities, and 194.5 million common shares outstanding.

BUSINESS UPDATE

During Q2 2018, VIVO continued to focus on the following:

1. Canna Farms Acquisition

VIVO recently announced its agreement to acquire Canna Farms Limited, a premium cannabis company and the first Licensed Producer in BC. With its many years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow, the transaction is expected to be very positive for VIVO shareholders.  It is a transformational acquisition for VIVO, with expected benefits to include increased production capacity, an expanded product offering, operational efficiencies, and a more robust platform from which to accelerate VIVO’s growth. The highlights of the transaction are as follows:

  • Increased Capacity and Scale: Additional funded production capacity of 25,000 kilograms and multiple provincial supply agreements already secured.
  • Expanded Product Line and Genetics: The ability to leverage strong anticipated adult-use demand for premium products, including Canna Farms’ award-winning B.C. Bud.
  • Strengthened Leadership Team: A seasoned and diverse leadership team with experience in all aspects of the business, including cultivation, product development, branding and demand creation.
  • International Leverage: Canna Farms’ Dealers License, along with the combined resources of the two companies, are expected to position the combined entity more favourably to international markets.
  • New Product Development: A strengthened foundation that is expected to facilitate a continuous stream of novel product offerings for both domestic and international markets.
  • Enhanced Financial and Capital Markets Profile: The enhanced market capitalization and strong cash position of over $100 million, combined with Canna Farms’ positive operating cash flow and trailing adjusted EBITDA margins of 46%, are expected to result in a more robust capital markets profile.
  • Immediately Accretive: The transaction will be immediately accretive. In the twelve months ending June 30, 2018, Canna Farms generated unaudited revenue and adjusted EBITDA of $9.4 million and $4.3 million, respectively. For the fiscal year ending September 30, 2017, Canna Farms generated audited revenue of $5.8 million and adjusted EBITDA of $2.8 million.
  • Cost and Operational Synergies: Having realized a positive return on invested capital since inception, Canna Farms brings an industry-leading cost structure with strong adjusted EBITDA margins. The combined company is expected to benefit from anticipated yield improvements and cost and operational synergies.

2. Capacity Expansion

  • Year-End 2018 expected capacity – 1,500 kilograms of indoor-grown premium dry flower and 4,000 kilograms of greenhouse-grown cannabis.
  • Mid 2019 expected capacity – 1,500 kilograms of indoor-grown premium bud and 14,000 kilograms of greenhouse-grown cannabis. The Company’s Vanluven facility expansion is now complete.  Upon receiving Health Canada approval, VIVO will immediately begin cultivation in its expanded state-of-the-art facility and will bring on-line its extraction, formulation and packaging capabilities. VIVO is expecting to receive GMP certification for the Vanluven facility in late Q4 2018 or early Q1 2019, facilitating the export of products to Germany and other international markets.

Kimmett Construction Underway:

  • Phase 1, consisting of the construction of four greenhouses and a header house with expected annual production capacity of approximately 4,000 kilograms, is well underway. Subject to receipt of necessary Health Canada approvals, this innovative design is expected to result in one of the lowest capital and operating costs per gram in the industry.
  • Phase 2, consisting of additional greenhouses with expected annual production capacity of approximately 10,000 kilograms, is expected to begin production in Q2 2019 and to bring the Company’s total annual production capacity to approximately 15,500 kilograms.
  • Phase 3, consisting of an indoor growing facility that is expected to include the ‘Auxly expansion area’, is expected to be a hybrid production facility with an estimated 17,000 kilograms of capacity, and is planned to commence production in late 2019. The Company continues to work with Auxly Cannabis Group on this design, with the intent of completing an agreed-upon project plan in Q3 2018. Upon the completion of Phase 3, the Company’s Napanee facilities are expected to have a total annual production capacity of approximately 32,500 kilograms.

In order to enhance near term product supply, the Company has also entered into several domestic third-party supply agreements, which are expected to provide over 5,000 kilograms of cultivation output.

3. Go-to-Market Strategy

  • The Company’s corporate rebranding is well underway, which has included a change of the Company’s name to better reflect VIVO’s evolution, purpose and direction.
  • VIVO has unveiled its three core brands for the medical and recreational adult-use markets.
  • Harvest Medicine has opened its second clinic in St. Albert, Alberta, and is achieving promising patient flow.
  • Harvest Medicine has completed beta testing of its telemedicine platform, which it expects to launch in September.
  • VIVO announced that Joel Mallard has joined the team as the Company’s Chief Customer Officer, tasked with building and leading its sales strategy across all markets.

In Q2, VIVO was also pleased to announce that it has entered into agreements with the Ontario Cannabis Store, to supply Ontario with 16 cannabis products, and the Alberta Gaming & Liquor Commission, to supply Alberta with VIVO’s high-quality recreational cannabis products. The Company is also aggressively pursuing additional supply agreements.

VIVO’s product development focus is now on launching its cannabis oil products. The development process is complete, and the Company is anticipating imminent receipt of a license to sell its oils from Health Canada. The Company also plans to expand its medical product offering in the future to include a variety of formats that provide precise, consistent dosing.

4. International Expansion

  • Exports to Australia continue, with clinical trial enrollment underway.
  • GMP preparation continues on-track, facilitating future sales to Germany.

VIVO’s agreement to supply medicinal cannabis to the Australian Medicinal Cannabis Service, as well as a research agreement with the Metro Pain Group (the “MPG”), a prominent group of pain physicians in Melbourne, has lead to its first shipment to its partners. VIVO’s product is currently being transformed into clinical trial material in Australia and will be administered to patients in a study designed, and to be conducted, by the MPG. Enrollment in this study, exploring the use of cannabinoids in the management of chronic pain, has commenced and the first patient visit is anticipated in the coming weeks.

VIVO has submitted joint applications to the German Narcotic Agency (BfArM) seeking approval for a narcotic import and distribution license. This approval, expected by the end of 2018 or early 2019, will permit VIVO to ship medicinal cannabis to the German market. The Company aims to obtain a distribution license in Germany after GMP certification of its Vanluven facility is received and the required stability testing of its products is completed. VIVO is currently preparing its submission for cultivation to the newly announced German tender process and continues to evaluate multiple opportunities to enter into additional European markets.

5. R&D Initiatives

VIVO’s partnership with the University of Guelph reached a milestone in Q2 2018, during which its five PS1000 chambers were fully commissioned, and research studies using these global state-of-the-art growth chambers has commenced.  The chambers were developed as part of an exclusive partnership between VIVO and the University of Guelph’s Controlled Environment Systems Research Facility (“CESRF”), that was initially formed in 2015. CESRF is the world’s leading controlled environment research and technology development institute. The coordinated R&D program is unique to the cannabis industry, has resulted in the first peer reviewed scientific publications on cannabis cultivation in North America, and is expected to directly benefit VIVO’s ability to product the highest quality, most consistent cannabis possible.

VIVO has also entered into a partnership with an Ontario college to implement optimized extraction methods at its Vanluven facility. The Company is also accelerating focus on the development of several novel product strains and formulations.

About VIVO Cannabis™

VIVO is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and its world-class indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology. VIVO is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany, Australia and Israel.

More Information

Barry Fishman, CEO:  barry.fishman@vivocannabis.com
Michael Bumby, CFO:  michael.bumby@vivocannabis.com
Website:                    vivocannabis.com

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of VIVO and its management regarding the future. Forward-looking statements in this news release include statements relating to: the expected timing of closing of the Canna Farms acquisition; the anticipated benefits to VIVO that will arise from the Canna Farms acquisition and that following such acquisition the Company will be well positioned to accelerate the growth of its business; VIVO’s expected timing for completion of the three phases of its Kimmett construction, as well as the expected capacity from each of its facilities; the expected timing of receipt of GMP certification for the Vanluven facility; VIVO’s future plans with respect to cultivation, distribution and imports into Germany, Australia and other international jurisdictions; the proposed timing of launch of the Harvest Medicine telemedicine platform; the expected timing of receipt of a license to sell cannabis oils; and the Company’s relationships with educational institutions and research activities. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: (i) that VIVO may not be able to achieve its production capacity targets at either its current Vanluven facility or proposed Kimmett facility; (ii) that VIVO may not obtain Health Canada approval for any and all phases of its Kimmett construction; (iii) that VIVO may not complete the Kimmett Phase 3 plan prior to the deadline provided in the Auxly Cannabis Group agreement; (iv) that the Company may not be able to launch new products in the time expected or at all; (v) that the Company may not be able to achieve competitive margins; (vi) that VIVO may not be able to increase the sales of its products in the current domestic market or to successfully launch new product lines in the time expected or at all; (vii) that new products, if launched, may not be accepted by the market or may become subject to product liability claims; (viii) that VIVO may not be able to obtain a distribution/import license or a cultivation license for Germany or other emerging markets it is targeting; (ix) that VIVO may not be able to serve larger and broader markets as a result of its production increase; (x) that VIVO may be unable to retain its key talent; (xi) that VIVO’s management may be unsuccessful in implementing its 2018 strategic plan; (xii) that  the acquisition of Canna Farms will not close within the expected timeline or at all; (xiii) that VIVO and Canna Farms will not be able to successfully integrate their businesses and achieve any or all of the potential synergies expected from the acquisition; and (xiv) other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

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$TGODF Discusses its Organic Cannabis Strategy in Exclusive NetworkNewsWire Audio Interview

NEW YORK, Aug. 29, 2018 — via NetworkNewsAudio — NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) Solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community, today announces the online availability of its interview with The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), a client of NNW and research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis.

The interview can be heard at http://nnw.fm/I4q8y

NNW’s Stuart Smith introduces Brian Athaide, CEO of TGOD, to an interview that highlights the company’s innovative business model and strategic expansion plans within the legal cannabis industry.Athaide first provides an overview of TGOD, which provides a different business model than any other company in the cannabis space. It is a vertically integrated certified organic cannabis brand with both a domestic Canadian and international footprint. The company is one of two in its market focused on organic cannabis (with significantly higher production potential than its competitor) and premium quality products that are grown in real living soil (unlike others grown in rock wall) and free from synthetic fertilizers and chemical pesticides.

The company is engaged in production through purpose built high-technology greenhouses, Athaide says, explaining that the company is “really taking the best technology out there and cultural areas and, for the first time, putting them together to grow cannabis in a very high-tech, clean, pharma-like environment.”

Fully-funded with one of the largest R&D budgets focused on plant genetics and optimizing consumer efficacy, TGOD intends to become a branded consumer goods company established as “the Whole Foods for the cannabis industry.” Well on its way, the company has partnered with Aurora Larssen Projects Inc. (ALPS), which recently built an 800,000-sq.-ft facility outside of Edmonton and is now assisting TGOD in construction of its 1 million-sq.-ft facility. Aurora Cannabis (ACB.TO) (ACBFF), one of the world’s most innovative cannabis companies, has invested more than $78 million into TGOD, validating its distinguished organic strategy, R&D, beverage divisions, management team and international expansion plans.

To date, TGOD has completed several accomplishments, including raising more than $350 million in funding, integrating nearly 49 percent ownership in a Jamaican company with full seed-to-sale capabilities and moving forward with the building of its 1-million-sq.-ft. production facility. In addition, it is working on distribution agreements throughout Latin America and Europe to leverage TGOD’s 170,000 kilo production potential to ensure capturing the highest margins.

With a strong strategic plan in place, widening legalization and pending expansions of its infrastructure both domestically and internationally, Athaide says TGOD is looking forward to taking its dynamic business model to the next level, pursuing opportunities for continued expansion, diversity and growth, whether they involve partnerships, joint ventures, acquisitions or the latest in disruptive technologies.

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations. 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 funded capacity of 170,000 kg of cultivation facilities in Ontario and Quebec and Jamaica. The company has developed a strategic partnership with Aurora Cannabis Inc. (TSX: ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the company has raised approximately C$315 million dollars and has over 20,000 shareholders. TGOD’s common shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

For more information, visit the company’s website at www.TGOD.ca

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

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Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Wednesday, August 29th, 2018 Uncategorized Comments Off on $TGODF Discusses its Organic Cannabis Strategy in Exclusive NetworkNewsWire Audio Interview

$YGYI Introduces New Products and Brands at 2018 Convention

SAN DIEGO, Aug. 28, 2018 — YGYI, Inc. (YGYI), a leading omni-direct lifestyle company, launched several highly anticipated new products at their 2018 Convention in San Diego, California, between Aug. 23 and 25.

Product launches included two new Youngevity product lines (Mineral Man and Hemp FX™) as well as additions to Saveur Natural Foods, Youngevity Essential Oils, Nature Direct and BeautiControl.

NEW HEMP FX™ PRODUCT LINE

Hemp FX™ includes three new hemp-derived cannabinoid oil products combined with exclusive Youngevity proprietary ingredients.

SAVEUR INTRODUCES TWO NEW BALSAMIC VINEGARS

Saveur Natural Foods adds two new balsamic vinegars to their offering – Spiced Fig, Maple & Pear and Strawberry, Mango & Apricot! These flavorful have been found to vinegars enhance roasted vegetables, salad dressings, deserts, marinades, and more. Visit Saveurrecipes.com.

NEW MINERAL MAN PRODUCT BUNDLE

Four new Mineral Man products (Scrub, Shave, Shield, and Style) are designed to deliver superior skin and hair care to the modern man using high quality, antioxidant-rich botanicals.

THREE NEW ESSENTIAL OILS + DIFFUSER KIT

Three new essential oil blends (Copaiba Plus, Big Smile, and Bounce Back) deliver exclusive aromatherapy support to specific areas of wellness. The new Enlighten Your Life’s Atmosphere kit contains essential oil blends that can be diffused in every room in your home for a true aromatherapy experience.

BEAUTICONTROL: ULTIMATE ANTI-AGING DUO

Extreme Tri-Peptide Face Treatment and Dramatic New Anti-Aging Crème, are designed with the goal of providing anti-aging support. They offer a youthful glow with no sulfates, parabens, or gluten.

NATURE DIRECT: NOW AVAILABLE IN THE U.S.

This line of home-care cleaning solutions, delivers an alternative to dangerous chemicals and bleaches. The product line includes seven environmentally-friendly concentrates.

Dave Briskie, President and CFO of Youngevity said, “One thing that makes Youngevity so unique, is our broad product offering. It allows us to reach many markets and gives our customer a wide-range of high-quality lifestyle products. We will continue to do our best to align our products to the needs of our market.”

Visit youngevity.com to learn more about each product and brand.

About Youngevity International, Inc.

YGYI, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and includes statements such as our company continuing to do our best to align our products to the needs of our market and the goals and designs of our new products. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to continue to align our products to the needs of our market, our ability to continue international growth, our ability to continue our coffee segment growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability  to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance, and the other factors discussed in our Annual Report on Form 10-K and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts

Investor Relations

YGYI Investor Relations

800.504.8650

investors@ygyi.com

Media Relations

Trendlogic PR

800.992.6299

contact@trendlogicpr.com

 

Tuesday, August 28th, 2018 Uncategorized Comments Off on $YGYI Introduces New Products and Brands at 2018 Convention

$TGODF Why Are Beverage Companies So Interested in Cannabis? — CFN Media

SEATTLE, Aug. 28, 2018  — CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF), one of the most popular Canadian licensed producers, and its plans to become a leader in the cannabis beverage space with the establishment of its Beverage Science and Research Division.

There has been a lot of speculation about whether the legal cannabis industry could cannibalize alcohol sales as consumers become more comfortable with the idea of cannabis-infused beverages. Additionally, the high-growth functional foods/nutraceutical space offers lucrative potential for more health-oriented cannabis concoctions. Over the past couple of years, these dynamics have translated into billions of dollars worth of concrete investments by leading beverage giants into cannabis companies. The arms race shows little signs of slowing, which could open the door for investors in the space.

Beverage Giants Build a Stake

Constellation Brands Inc. purchased a 9.9 percent stake in Canopy Growth Corp. in late 2017 to develop and market cannabis-infused beverages. The company increased its stake to 38 percent in August 2018 with a US$3.88 billion investment and the right to invest another US$3.4 billion to acquire a controlling stake—significant numbers given Canopy Growth’s modest US~$60 million in revenue.

At the same time, Molson Coors Brewing Co. announced a joint venture with The Hydropothecary Corporation to develop non-alcoholic, cannabis-infused beverages for the Canadian market following legalization. Under the terms of the agreement, Molson Coors Canada, the company’s Canadian arm, will have a 57.5 percent controlling interest in the joint venture with HEXO controlling the remainder.

Several other beverage companies have started creating their own cannabis-related products without such deals in place. For example, Lagunitas Brewing Company introduced an IPA-inspired sparkling water infused with tetrahydrocannabinol (THC) and/or cannabidiol (CBD)—called Hi-Fi Hops. Province Brands is even brewing the entire cannabis plant—stalks, stems, and everything—in a way that’s better tasting than a traditional beer.

While some of these companies are worried about cannabis cannibalizing beer sales, others are simply focused on entering a related market. Both beer and cannabis are highly regulated products and there are a lot of potential synergies between the two businesses—perhaps more so than the tobacco industry. And, that could spur further investment in the cannabis beverage space in the form of both M&A and organic investment.

The Green Organic Dutchman is a Leader

The Green Organic Dutchman Holdings Ltd., one of the most popular Canadian licensed producers, plans to become a leader in the cannabis beverage space with the establishment of its Beverage Science and Research Division. With 40,000 kilograms of dried cannabis dedicated for beverage products each year, and the appointment of Prem Virmani as the division chair, the company’s beverage platform is second to none.

“We are focused on becoming the Whole Foods of the cannabis industry and recognized as pioneers in the THC/CBD infused beverage industry,” said TGOD CEO Brian Athaide in a letter to shareholders published on July 9, 2018. “Our team has over 125 years executive experience in consumer-packaged goods, beverage, and beverage alcohol, more than any other company in the industry.”

Prem Virmani, who leads the company’s beverage division, is the former senior vice president of global science and research for Cott Beverage Inc., a division of Cott Corp. Other members of the company’s leadership team have worked for Procter & Gamble Co., Weight Watchers International Inc., and other global companies involved in the food and beverage space.

The company is also unique in that it only produces premium organic cannabis and works closely in partnership with Aurora Cannabis Inc. After completing the largest IPO in cannabis industry, raising $123.1 million, the company became the single largest holding in the only cannabis-focused exchange-traded funds and has over 170,000 kilograms per year of funded capacity for the potential for 195,000 kilograms per year in the near future.

Significant International Distribution

The Green Organic Dutchman is not limiting its plans to Canada, or even North America for that matter. TGOD recently acquired HemPoland, a leading European manufacturer and marketer of premium organic CBD products. In terms of international expansion, HemPoland’s established distribution network throughout Europe is a key to the deal. Buying the distribution (over 700 locations) and the ecommerce platform helps TGOD set the stage for future introductions of products to the European market, including those products developed by the Beverage Science and Research Division.

Looking Ahead

There’s no doubt that the cannabis beverage industry is poised for expansion and The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is in prime position to capitalize. Investors interested in the space may want to take a closer look at the company as it builds out its well-capitalized beverage division, while also keeping an eye on larger beverage companies that could make strategic acquisitions in the space.

Please follow the link to read the full article: http://www.cannabisfn.com/beverage-companies-interested-cannabis/

About CFN Media

CFN Media (CannabisFN) is the leading agency and financial media network dedicated to the global cannabis industry, helps companies operating in the space attract investors, capital, and publicity. Since 2013, private and public cannabis companies in the US and Canada have relied on CFN Media to grow and succeed.

Learn how to become a CFN Media client company, brand or entrepreneur: http://www.cannabisfn.com/featuredcompany

Download the CFN Media iOS mobile app to access the world of cannabis from the palm of your hand: https://itunes.apple.com/us/app/cannabisfn/id988009247?ls=1&mt=8

Or visit our homepage and enter your mobile number under the Apple App Store logo to receive a download link text on your iPhone: http://www.cannabisfn.com

Disclaimer

CannabisFN.com is not an independent financial investment advisor or broker-dealer. You should always consult with your own independent legal, tax, and/or investment professionals before making any investment decisions. The information provided on http://www.cannabisfn.com (the ‘Site’) is either original financial news or paid advertisements drafted by our in-house team or provided by an affiliate. CannabisFN.com, a financial news media and marketing firm enters into media buys or service agreements with the companies that are the subject of the articles posted on the Site or other editorials for advertising such companies.  We are not an independent news media provider. We make no warranty or representation about the information including its completeness, accuracy, truthfulness or reliability and we disclaim, expressly and implicitly, all warranties of any kind, including whether the Information is complete, accurate, truthful, or reliable. As such, your use of the information is at your own risk. Nor do we undertake any obligation to update the items posted. CannabisFN.com received compensation for producing and presenting high quality and sophisticated content on CannabisFN.com along with financial and corporate news.

The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: http://www.cannabisfn.com/legal-disclaimer/

CFN Media
Frank Lane
206-369-7050
flane@cannabisfn.com

Tuesday, August 28th, 2018 Uncategorized Comments Off on $TGODF Why Are Beverage Companies So Interested in Cannabis? — CFN Media

$PBIO Zacks Research Report Forecasts Major Annual Growth Over the Next Five Years

  • Zacks Small-Cap Research Report ups fair market value of PBIO stock by $2 per share
  • Collaborative development project focused on liquid food preservation without chemical additives, extended shelf-life at room temperature and greater safety based upon PBIO’s patented Ultra Shear Technology (“UST”), as announced by Ohio State University and PBIO
  • Unique UST pressure processing technology platform can be applied across many lucrative industries in addition to food, including pharmaceutical, nutraceutical, industrial lubricants, paint and cosmetic sectors
  • Non-thermal processing market estimated at $818.6 million in 2017, projected to reach $1.22 billion by 2022 at a CAGR of 8.4 percent from 2017
  • Widening applicability of high pressure processing equipment and government grants toward development of shelf-stable food technologies a major factor in growth of food and beverage processing industry

Pressure BioSciences Inc. (OTCQB: PBIO), a leader in the development and sale of broadly enabling, pressure-based technology and products in the worldwide life sciences industry, is forecast to grow at a compound annual growth rate (CAGR) of 76 percent in the next five fiscal years from 2018 to 2022, according to a Zacks Research Report issued on July 26, 2018 (http://nnw.fm/F3GhM). In the Zacks Small-Cap Research Report, the company’s fair value for PBIO shares is raised to $12/share from a previous $10/share. Zacks’ optimism regarding Pressure BioSciences is tied to a number of recent achievements and collaborative research programs, expansion of the company’s sales and marketing capabilities and a newly established multinational co-marketing partner, ISS Inc.

Pressure BioSciences is a Massachusetts-based company that manufactures high-pressure-based equipment and laboratory instrumentation for the life sciences industry. Its patented Ultra Sheer Technology (“UST”) offers the potential to produce highly stable, clean and cost-effective nanoemulsions that facilitate the production of food products with enhanced shelf lives and without the need for chemicals or preservatives, as the company noted in a recent article (http://nnw.fm/U0P5r). The company believes that its UST technology platform can be applied across a multitude of industries seeking to satisfy consumer demand for chemical- and preservative-free food products that have longer shelf-life, greater safety and do not require refrigeration until opened.

As the Zacks report points out, PBIO and its patented high pressure, ultra-shear technology could potentially be used by liquid food and beverage makers to offer healthier drinks and juices by reducing heat exposure in the preservation process. Introducing a combined application of elevated pressure, intense shear forces and controlled times and temperatures – without exposing liquid foods and beverages to taste-destroying levels of heat – means that foods such as milk, other dairy products and juices could be packaged and preserved for transportation and longer-term storage without the need for refrigeration.

Researchers at Ohio State University, along with their PBIO collaborators, recently announced the U.S. Department of Agriculture’s National Institute of Food and Agriculture has awarded a four-year, $891,000 grant to the university to develop a new manufacturing technology to preserve liquid food and beverages based on PBIO’s ultra-shear technology (http://nnw.fm/I3u4a). Ohio State has granted PBIO a $318,000 sub-contract to build a working benchtop instrument and a pilot plant floor model UST machine. PBIO has already begun work on this project.

The primary goal of the program is to develop and make available for commercialization a continuous-flow manufacturing technology that will prepare liquid foods and beverages with a preservation process that not only retains nutritional qualities but delivers room temperature shelf stability without requiring refrigeration or chemical additives. UST offers the potential to satisfy this long sought-after demand by food processors while meeting consumer expectations for tasty, safe and shelf-stable liquid foods and beverages, as PBIO stated in a July 19 news release (http://nnw.fm/f9ZUb).

“The ultimate goal of this collaborative project is for consumers to benefit from the increased availability of wholesome, healthy, better-tasting, shelf-stable, clean label liquid food and beverage options,” Richard T. Schumacher, president and CEO of PBIO, said in the news release. “Imagine liquid foods like milk shipped and stored at room temperature for extended periods of time post-processing, while retaining superior nutritional and taste qualities. The advantages and cost-savings to the consumer and dairy industry could be game-changing. The advantages and cost savings to schools, the military, disaster relief agencies, and other such groups could be equally significant. This technology development is very exciting, and potentially very rewarding, for all stakeholders in PBI.”

For more information, visit the company’s website at www.PressureBioSciences.com

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About NetworkNewsWire

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

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

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Editor@NetworkNewsWire.com

Tuesday, August 28th, 2018 Uncategorized Comments Off on $PBIO Zacks Research Report Forecasts Major Annual Growth Over the Next Five Years

$NETE Revenues Up Nine Percent to $32 Million

  • Growth in North American market driving revenue increase
  • Total dollars processed via North American Transaction Solutions segment up 37 percent to $1.62 billion
  • Total dollars processed via International Transaction Solutions segment up 20 percent to $211 million

Net Element, Inc. (NASDAQ: NETE) has reported strong second quarter financial results, with net revenues of $32.45 million by June 2018, up nine percent from $29.7 million last year (http://nnw.fm/79sUP). The financial services technology company, which develops multi-channel electronic payment solutions, has seen a significant increase in its North American business.

At a conference call to discuss the results, CEO Oleg Firer said, “The increase in net revenues is primarily due to organic growth in the North American Transactions Solutions segment, which experienced 15 percent growth over the prior year.”

He said this growth offset a predicted decrease in the company’s international transactions. “International Transaction Solutions segment experienced an expected decline of 19 percent due to elimination of branded content business, which accounted for $684,000 of net revenues in 2017. Normalizing elimination of branded content business resulted in 11 percent growth in the International Transaction Solutions segment and 6.5 percent across all segments over the same period of the prior year,” Firer added.

Among the highlights of the conference call presentation:

  • Due to growth from Net Element subsidiary Unified Payments, the company’s total dollars processed through its North American Transaction Solutions segment increased by 37 percent to $1.62 billion up to June 2018.
  • The total dollars processed through the International Transaction Solutions segment increased by 20 percent to $211 million.
  • The total number of transactions processed up to June 2018 rose by 41 percent to 50.2 million. The North American Transaction Solutions segment saw an increase of 41 percent to 28.1 million, and the International Transaction Solutions segment saw an increase of 40 percent to 21 million.

Firer also mentioned key business highlights of the first half of 2018. “During the second quarter 2018, we launched Netevia Smart Vendor Payment Solutions, to enter a multi-trillion dollars global B2B payments market. We continue to work in Netevia, our future-ready omni-channel payments platform that was launched early this year. And we’re on track to launch services we set out to do this year, including blockchain technology solutions and value-added services,” he said.

The CEO noted that the Netevia payment platform has been expanded to target the $7.7 billion events industry, and the company recently launched subscription-based payment processing for small businesses. Netevia allows businesses to accept over 100 cashless payment methods in several currencies.

Net Element has also developed the Aptito system, a payment service created for the restaurant sector, and Unified Payments, a flexible mobile point-of-sale system that can be used by a wide variety of vendors, such as kiosk-type shops, limousine drivers, and tow truck and delivery drivers.

“Combined, these strategic initiatives are expected to add over $6.5 million in gross profit over the next four years. We’re on track to deliver another year of growth and financial improvement, and are pleased with our results as we continue to focus on long-term growth plans,” Firer said.

For more information, visit the company’s website at www.NetElement.com

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About NetworkNewsWire

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

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Tuesday, August 28th, 2018 Uncategorized Comments Off on $NETE Revenues Up Nine Percent to $32 Million

$FRSX Secures Additional Sale of QuadSight™ Prototype

Leading European vehicle manufacturer orders QuadSight™ prototype

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, announced today the additional sale of a prototype of its breakthrough QuadSight™ quad-camera vision system. The QuadSight™ multi-camera vision solution targets the semi-autonomous and autonomous vehicle market and is designed to allow near-100 percent obstacle detection with near zero false alerts under any weather and lighting conditions. The stereoscopic technology system was ordered by the truck division of one of Europe’s largest vehicle manufacturers. Revenue from the prototype system sale is expected to total tens of thousands of dollars.

This is the second sale of QuadSight™ prototype system to a leading European original equipment manufacturer (OEM) demonstrating the company’s clear strategy to cooperate with leading European OEMs. According to a Mordor Intelligence report earlier this year, the long-term market potential for autonomous vehicles and advanced accident prevention systems is projected at $60 billion by 2030, with automotive vision and V2X technological solutions playing a key role in reaching that target.

Foresight believes that sales of QuadSight™prototypes will strengthen its relations with potential customers. Customer satisfaction at the end of the evaluation process is expected to lead to a large order of QuadSight™systems by the vehicle manufacturer for mass production.

“This is the third order from different automotive manufacturers Foresight has received over the last 3 months, showing the industry’s interest in the company’s revolutionary technology,” said Haim Siboni, CEO of Foresight. “In addition, it proves that the industry has a strong need for an all-weather and lighting conditions vision system for semi and fully autonomous vehicles.”

By selling additional prototypes, Foresight intends to increase awareness of its unique solutions, address potential customers, and expand its presence with vehicle manufacturers and Tier One automotive suppliers. Foresight believes that a closer evaluation of the technology by potential customers may lead to future collaborations in research and development, integration, production and more.

About QuadSight™

Foresight first launched a demo of its QuadSight™ system last January at the CES show in Las Vegas. Foresight regards QuadSight™ as the industry’s most accurate quad-camera vision system, offering exceptional obstacle detection for semi-autonomous and autonomous vehicle safety. Using proven, highly advanced image-processing algorithms, QuadSight™ uses four-camera technology that combines two pairs of stereoscopic infrared and daylight cameras. QuadSight™ is designed to achieve near-100% obstacle detection with near zero false alerts under any weather or lighting conditions – including complete darkness, rain, haze, fog and glare.

Stereoscopic vision technology’s exceptional three-dimensional (3D) images, detection and accuracy are essential for safe and reliable semi-autonomous and autonomous vehicle vision systems. Stereoscopic cameras exceed a human driver’s ability to see objects in real time, whether large or small, in-motion or static, and from short or long-range distances. The dynamic driving environment demands a level of accuracy that only stereoscopic cameras can provide.

About Foresight

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that this and any future sale of QuadSight™ prototypes gives Foresight a deeper understanding of the customers’ main requirements, which allows modification of the Quadsight system within a short period of time to accommodate each individual company; long-term market potential for autonomous vehicles and advanced accident prevention systems; strengthening relations with potential customers; and that customer satisfaction at the end of the evaluation process is expected to lead to a large order of QuadSight™systems by the vehicle manufacturer for mass production. In addition, Foresight is using forward-looking statements when it discusses that it intends to increase awareness of its unique solutions, to address potential customers and expand its presence with vehicle manufacturers and Tier One automotive suppliers by selling additional prototypes. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties, and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in Foresight’s annual report on Form 20-F filed with the Securities and Exchange Commission (“SEC”) on March 27, 2018, and in any subsequent filings with the SEC. Except as otherwise required by law, Foresight undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Foresight is not responsible for the contents of third party websites.

 

Investor Relations:
MS-IR LLC
Miri Segal-Scharia, 917-607-8654
CEO
msegal@ms-ir.com

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$YGYI NetworkNewsAudio Audio Press Release on Brewing Opportunity in the Coffee Game

New York, New York–(August 27, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “Perfect Storm Brewing for North American Coffee Market,” featuring Youngevity International, Inc. (NASDAQ: YGYI).

To hear the NetworkNewsAudio version, visit: http://nnw.fm/BZ0Ht

To view the full editorial, visit http://nnw.fm/ylN7I

This same eye for formulating unique, intelligently designed products has primed Youngevity exceptionally well for addressing emerging fronts in the coffee game, such as functional beverages. Youngevity’s CLR Roasters has already been doing robust business via company-owned brands Josie’s Java House and Café La Rica.

In addition, the company’s recently executed five-year contract to sell and process more than 41 million pounds of green, high-grown washed Nicaraguan conventional coffees per year should bring in steady revenues for Youngevity to the tune of some $250 million (based on mid-August 2018 coffee future prices), which will be rolling into the company’s coffers from 2019 through 2023. Extensive regional work by the company’s wholly owned Siles Family Plantation Group was instrumental in securing this lucrative long-term contract, and the partnership with Alain Hernandez of H&H Export Group has set Youngevity up nicely for further expanding its footprint in Nicaragua.

CLR Roasters’ Miami roasting operation roasts around 25,000 to 28,000 pounds per day (10 million pounds per year) and has an annual grinding capacity of some 15 million pounds. The company’s facility is able to boast consistently high-quality standards due to a field-to-cup process that it controls every step of the way. While many bigger roasters have their own blend specs, CLR Roasters works directly with its customers to develop unique, customized blends.

The company offers a wide variety of packaging options to satisfy every kind of end market consumer. From two-ounce fractional packs and five-pound bags to single-serve K-Cups of customized blends, the company’s production facility provides impressive versatility and is able to churn out K-Cups at the rate of 220 per minute. Despite the impressive operational scale of the company’s facility, CLR Roasters prides itself on the retention of boutique roasting methodologies, including visual, touch and smell-based analysis by in-house roasting veterans.

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers proven products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, as well as innovative services. The company was formed during the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For more information, visit the company’s website at www.YGYI.com

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

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Monday, August 27th, 2018 Uncategorized Comments Off on $YGYI NetworkNewsAudio Audio Press Release on Brewing Opportunity in the Coffee Game

$SNNVF Stands Out Among Potential Leading Compliant Producers in California Cannabis Market

  • Operating in world’s two largest cannabis markets – California and Canada
  • Cannabis concentrate extraction service agreement inked with Cannabis Strategic Venture subsidiary Pure Applied Sciences, Inc. to provide white label services of high quality, ultra-purified cannabis extracts
  • Construction underway in California and Canada of large scale, purpose-built current cGMP designed greenhouses for cannabis cultivation and production
  • Supply agreement with Canopy Growth Corporation to provide up to 90,000 kg of cannabis over two years beginning in early 2019

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis company headquartered in Vancouver, Canada, is committed to delivering safe, consistent, high-quality products and services through its wholly owned subsidiaries – Sunniva Medical Inc., CP Logistics LLC, Natural Health Service Ltd. and Full-Scale Distributors LLC.

In an executive summary of Sunniva’s market potential, Canaccord Genuity states, “Sunniva could become one of the larger compliant producers in California heading into 2019 where more than 85 percent of product is still not in compliance with current regulations.” The company’s strategy of placing a high degree of importance on designing its facilities with innovative technologies that allow for automation, low-cost cultivation and the ability to maximize control/monitoring of production inputs and environmental factors is a top value for investors looking at Sunniva, the report states (http://cnw.fm/6T6kK).

Sunniva currently has two separate growing facilities under construction. The first facility is at its campus in Cathedral City, California, and the second is a 126-acre site at Okanagan Falls, British Columbia, Canada. Sunniva broke ground in early May 2018 on the Okanagan Falls Campus, while the Cathedral City Campus is further along in the construction process. Through subsidiary CP Logistics, the company is close to completing Phase 1 of a cGMP-compliant greenhouse facility in Cathedral City that will have an estimated annual output of 60,000 kg of dry cannabis at capacity. Sunniva expects operations at its California facility to begin in Q4 2018 (http://cnw.fm/Nlt89).

A previously reported take-or-pay supply agreement signed with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (http://cnw.fm/ja5VA) ensures that Canopy will purchase approximately 45 percent of Sunniva’s annual production capacity, representing 45,000 kg of dried cannabis annually, starting in Q1 2019 or shortly thereafter. Canopy will also distribute Sunniva’s branded products. Canaccord Equity issued a positive statement on this agreement, noting, “We believe this take-or-pay agreement provides medium-term revenue certainty while partnering the company with one of the leading producers in Canada and allocating a sizable portion of the company’s planned capacity (~45%) to a dedicated supply channel right off the bat.”

Sunniva also recently signed a cannabis concentrate extraction services agreement between CP Logistics, LLC (“CPL”) and Pure Applied Sciences, Inc. (“PAS”), a wholly owned subsidiary of Cannabis Strategic Ventures, Inc. (OTC: NUGS). Under the agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for PAS under the Pure Organix™ brand name, which was recently acquired by Cannabis Strategic (http://cnw.fm/9V4Mt).

In addition to its planned cultivation and production in California and Canada, Sunniva operates Canada’s largest network of cannabis clinics (providing guidance and education to medical patients) and is a private-label provider of vaporizers throughout several major U.S. states. Sunniva’s seed-to-sale structure supports the company’s strategy of sourcing potential acquisition targets to increase its level of vertical integration.

For more information, visit the company’s website at www.sunniva.com

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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.

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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$PFSF Interview Highlights ‘Agri-Blockchain’ Solution

  • Company’s blockchain-based solution is able to track agricultural products from farm to table, providing an accurate, tamper-proof record
  • Company has a working relationship with IBM, as well as the government in the Brazilian state of Rondônia and some of the largest e-commerce companies in China

Pacific Software, Inc. (OTC: PFSF), an emerging development technology corporation and master licensor of Hyperledger blockchain-based systems, was recently featured in an interview by NewEconomies.com (http://nnw.fm/OwKJ8). Pacific Software President Peter Pizzino sat down with New Economies hosts Lucce Cervigni and Alice Hlidkova in the Nasdaq Times Square studio to talk about Pacific Software and the company’s recent developments and achievements.

Pizzino commenced the interview by talking about Pacific Software and the company’s business model, describing Pacific Software as a development technology company investing in blockchain applications. The company’s first application, currently being rolled out, integrates blockchain and e-commerce within the agriculture space. This “agri-blockchain” technology will make it possible to track the provenance of food products, creating an accurate record from origin to point of sale and thereby addressing current problems relating to food exports, such as lack of transparency, product integrity issues, recordkeeping inefficiencies and more.

Pacific Software has developed a working relationship with the local government in the Brazilian state of Rondônia, one of Brazil’s largest agricultural regions, to assist in enhancing the exportation of agricultural products to China.

The company’s farm-to-table blockchain solution is a game-changer, completely transforming the verification and certification process for exported agricultural goods. With news about zombie meat scares and food product recalls dominating headlines around the world, the ability to accurately track the entire journey of a product, from origin to final destination, and to eliminate fraud, human error and other issues, will have a widespread impact for producers, exporters, importers and consumers alike.

Pacific Software’s solution will not only give importers and consumers much-needed reassurance regarding the origins, safety and quality of food products; it could further save companies significant time and resources in the event that a product becomes subject to a recall. Providing an error-free, tamper-proof record covering the entire supply chain, this blockchain-based solution can pinpoint the precise origin of contamination, for instance, and thereby enable a narrow, focused and efficient recall of affected products.

The first aspect of Pacific Software’s business model is the implementation of its blockchain applications, and the second is commerce. The company’s commerce-related endeavors are primarily geared to the Chinese market, and Pacific Software is developing relationships with the largest e-commerce companies in China through the help of its partners in that country, with the ultimate aim of building a trade bridge into China through its blockchain/e-commerce portal.

Pacific Software’s next step is to implement its application for customers.

For more information, visit the company’s website at www.PacificSoftwareInc.com

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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.

For more information, please visit https://www.NetworkNewsWire.com

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$NETE Adds Value to Emerging Markets Through Flexible Offerings

  • NETE subsidiary United Payments acquires cash flow assets totaling $2.7 million
  • Recent financial performance shows that NETE increased revenues in Q1 2018 by 17.85 percent
  • One-stop omni-channel processing solution with 100-plus payment solutions
  • Global business-to-business sales estimated at $7.7 trillion, compared to $2.3 trillion business-to-consumer market

Net Element, Inc. (NASDAQ: NETE) expects a recent acquisition, purchased through subsidiary Unified Payments, to generate well over $5 million in gross profits over the next four years, with recurring profits expected to continue to enhance the company’s profit margins, the company stated in a news release (http://nnw.fm/5M3h7). As a global financial technology and value-added solutions group that supports electronic payments acceptance in an omni-channel environment spanning across point-of-sale, e-commerce and mobile devices, Net Element continues to challenge the status quo by delivering flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions.

Net Element’s all-in-one payment solutions support a wide range of applications through a single, robust platform designed to help small- and medium-sized businesses around the world succeed and prosper (http://nnw.fm/4PPyP). The company’s ability to select and build collaborative and mutually beneficial partnerships is nicely illustrated in its recent acquisition of certain transactional services portfolio (cash flow assets) for $2.7 million from Universal Payment Systems (“UPS”).

“The transactional services portfolio acquisition deepens our relationship with UPS, which has been very positive for both organizations. By providing UPS with the capital to grow we are building real value for the future of both our companies,” Vlad Sadovskiy, president of integrated payments for Net Element, stated in the news release.

“Net Element has always stayed true to their word. They have been supportive and committed to our success over the years and this has helped us grow our business significantly. We are excited to expand our partnership with Net Element,” added Anthony Kutscher Jr., president of Universal Payment Solutions. “This transaction will fuel our continued growth for years to come.”

A new independent research report detailing key market demands for NETE products and services notes that the company’s recent financial performance continues to improve. In the report, issued by Fundamental Markets, Net Element’s reported revenue for the first quarter of 2018 increased by 17.85 percent, coming in at $15.98 million versus $13.56 million over the same period last year. The report, titled “Market Trends Toward New Normal in Net Element, Sysco, Maximus, Axis Capital, Nuance Communications, and ProPetro Holding — Emerging Consolidated Expectations, Analyst Ratings” is accessible by registration (http://nnw.fm/gWR5g). Net Element is expected to report earnings on August 13, 2018, for the fiscal period ended June 30, 2018.

For more information, visit the company’s website at www.NetElement.com

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About NetworkNewsWire

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

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

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$DPW to Present at the Rodman & Renshaw 20th Annual

Newport Beach, Calif., Aug. 27, 2018  — DPW Holdings, Inc. (NYSE American: DPW) (the “Company”) a diversified holding company, announced management will present at the 20th Annual Rodman & Renshaw Global Investment Conference sponsored by H.C. Wainwright & Co. The event is being held on September 4-6, 2018 at the St. Regis New York Hotel in New York City.

DPW Holdings’ CEO and Chairman, Milton “Todd” Ault, III is scheduled to present on Wednesday, September 5th at 2:35 p.m. ET in Maisonnette I (Lower Level). Management will be available on Wednesday and Thursday, September 5th and 6th, to participate in one-on-one meetings with investors.

A live webcast of management’s presentation will be available at DPW’s website www.dpwholdings.com under the Investor Relations section. A replay of the webcast will be available for 90 days.

To schedule a one-on-one meeting or for more information about the conference, please contact your Rodman & Renshaw representative.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

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Contacts: 
Ron Parham or Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com
Monday, August 27th, 2018 Uncategorized Comments Off on $DPW to Present at the Rodman & Renshaw 20th Annual

$SNNVF To Announce 2018 Second Quarter Results On August 29, 2018

VANCOUVER, Aug. 24, 2018 – Sunniva Inc. (“Sunniva” or the “Company“) (CSE:SNN) (OTCQX:SNNVF) plans to release its results for the second quarter 2018, after market close on Wednesday, August 29, 2018.

The Company’s executive management will discuss the results during a conference call on Thursday, August 30, 2018 at 11:00 am Eastern Time/8:00 am Pacific Time. To participate in the call, please dial 1-800-319-4610, or (604) 638-5340. An audio replay will be available shortly after the call by dialing 1-855-669-9658 or (604) 674-8052 and entering access code 2561. The replay will be available for two weeks after the call.

About Sunniva Inc.

Sunniva, through its subsidiaries, is a vertically integrated cannabis company operating in the world’s two largest cannabis markets – Canada and California – where we are committed to delivering safe, high-quality products and services at scale and creating trusted Sunniva branded cannabis products. Our vision is to become one of the lowest cost, highest quality vertically integrated cannabis producers in the markets we serve by building large scale purpose-built current cGMP designed greenhouses and expansion of retail locations, offering better quality assurance with cannabis products free from pesticides, providing better customer access to cannabis education and sourcing better therapeutic delivery devices. Sunniva’s management and board of directors have a proven track record for creating significant shareholder value both in the healthcare and biotech industries.

For more information please visit: www.sunniva.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Friday, August 24th, 2018 Uncategorized Comments Off on $SNNVF To Announce 2018 Second Quarter Results On August 29, 2018

$NETE Payment Club Announces $7 Million Financing

Financing led by company’s co-founders to support growth of disruptive payments acceptance model

DOVER, DE, Aug. 24, 2018  — via NEWMEDIAWIRE — Payment Club, Inc. (“Payment Club” or the “Company”), a subscription-based payment service provider that offers payment processing and value-added point-of-sale (“POS”) services to merchants through simple membership pricing plans, today announced that it has completed a $7 million financing led by its co-founders in partnership with Unified Payments, subsidiary of Net Element (NASDAQ: NETE) and its institutional investor.

The financing was led by Payment Club’s co-founders with $2 million in equity. As part of Unified Payments’ “Team Unified” partnership program and Unified Prosperity Financing program, Unified Payments through its partnership with its institutional investor arranged a $5 million credit facility for Payments Club to fuel its growth initiatives, bringing total debt and equity financing to $7 million.

Since its launch in late 2017, Payment Club has focused on building a transparent payment acceptance model to support small and medium size businesses in the United States. This disruptive model is built on the foundation laid by  Payment Club co-founders Anthony Kutscher and Alex Ilinski, who have over 20 years of experience in the payments industry and who wanted to address the frustration of merchants being serviced by merchant services sales agents who lack knowledge of popular emerging payment technologies.

“Having witnessed our model deliver exceptional outcomes and drive demand, we knew we needed to partner with the reliable technology provider and raise capital to reach more clients faster,” commented Alex Ilinski, VP and co-founder of Payment Club.

According to the Subscription Economy Index 2017, Zuora; Eurostat; MEC+ analysis, the subscription business model has grown exponentially in recent years. Globally, the total number of companies offering a service based on subscription is estimated to be around 28,000. In the past five years, revenue growth for subscription companies has outstripped that of the retail indices of the Nordics and global S&P 500 sales index.

“Utilizing a transparent subscription-based pricing model combined with the latest technology solutions, Payment Club can provide positive options to frustrated merchants and streamline their payment processes,” commented Anthony Kutscher, President and co-founder of Payment Club.

The Company will use the funding to expand nationwide and hire up to 100 Payment Club membership advisors as well as create show rooms where business owners can come in and experience the products and get information on the variety of memberships the Company plans to offer.

“Payment Club is an exceptional company that is revolutionizing the way merchants pay for accepting cashless transactions, and we look forward to a long term partnership with the Payment Club team as they grow the business,” commented Vlad Sadovskiy, president of integrated payments for Net Element.

About Payment Club 

Payment Club is a subscription-based payments provider offering variety of membership plans for value added services, POS and flat fee payment acceptance with transparent, zero markup pricing. For more information about Payment Club visit www.paymentclub.com.

About Net Element

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

Anthony Kutscher
5629991350
media@paymentclub.com
Friday, August 24th, 2018 Uncategorized Comments Off on $NETE Payment Club Announces $7 Million Financing

$FRSX Technology Key to Safer Driving Future

NEW YORK, Aug. 24, 2018 — via NetworkWire — NetworkNewsAudio announces the Audio Press Release (APR) titled “Conversations Between Cars and Their Environment Complement Sensor Systems for a Safer Self-Driving Future,” featuring Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX).

To hear the NetworkNewsAudio version, visit: http://nnw.fm/IoLp9

To read the full editorial, visit: http://nnw.fm/yYZz0

Self-driving technology is no longer a science fiction vision of the future. Not only are motor companies years into trials of automated vehicles, but some of the technology used in that testing is already on the roads. The key to unlocking this futuristic potential is vehicle-to-everything (V2X) communication technology, now under development by companies such as Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX).The most immediate use of V2X systems such as Foresight’s Eye-Net comes in providing a car with more information about its surrounding environment. No longer reliant just upon its own sensors, the vehicle can detect hidden hazards, obstacles outside the reach of its own sensors, and upcoming issues hidden around corners and junctions. By doing so, V2X systems offer a complementary layer of protection beyond traditional advanced driver assistance systems and extend protection to road users who are not in direct line of sight.

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.com.

About NetworkNewsAudio

NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today’s market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.

For more information, visit: www.NetworkNewsAudio.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.

Forward-Looking Statements

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.

Corporate Communications Contact:

NetworkNewsWire (NNW)
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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

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$DPW Subsidiary Announces Plans for Hydroelectric Dam to Become Operational in Q4 2018

FACILITY WILL PROVIDE DEDICATED LOW-COST, RENEWABLE POWER FOR NEW CO-LOCATED CRYPTOCURRENCY MINING FARM

NEWPORT BEACH, Calif., Aug. 22, 2018 —  DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, today announced that the historic Valatie Falls, New York hydroelectric dam will become operational during the fourth quarter of 2018 to serve as a fully-dedicated source of low-cost, renewable power for a new co-located cryptocurrency mining farm to be built and operated by DPW’s wholly-owned Super Crypto Mining subsidiary.

The historic 1-megawatt Valatie Falls dam, originally built in 1983, was purchased in March 2018 by Valatie Falls Hydro, LLC using debt financing provided by DPW subsidiary Digital Power Lending. DPW’s Super Crypto Mining subsidiary plans to build a new cryptocurrency mining farm at the site employing its new proprietary AntEater™ miner, which it developed in early 2018 in collaboration with Samsung Semiconductors.

DPW Holdings’ CEO and Chairman, Milton “Todd” Ault, III said, “Our successful repurposing of Valatie Falls dam to provide clean, low-cost, renewable power to Super Crypto’s future co-located mining farm is another important step in our strategy to create an economically viable, self-sustaining cryptocurrency mining business. This project provided a unique opportunity for DPW subsidiaries to collaborate and innovate to create a new model for cryptocurrency mining, for which electricity is by far the largest operational cost factor. Our power solution engineers at Coolisys Technologies, Inc. worked closely with our cryptocurrency mining engineers and with Valatie Falls Hydro, LLC’s hydroelectric engineers to upgrade and retrofit the Valatie Falls dam for this exciting new phase of its long-lived operation. We look forward to bringing this innovative new facility fully on-line during the fourth quarter of 2018.”

ABOUT DPW HOLDINGS, INC.

DPW Holdings, Inc., (www.DPWHoldings.com), is a diversified holding company pursuing a growth strategy of acquiring undervalued assets and disruptive technologies with a global impact. The Company invests in diverse industries within the commercial, defense/aerospace, industrial, communication, medical, crypto-mining, hospitality, textile, and corporate investment/lending sectors. DPW has evolved and grown from being a leader in advanced power products. Through its subsidiaries, the Company continues to be a leader and supplier of innovative technologies, advanced design and development services, and state-of-the-art power products and solutions. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements
The foregoing release contains “forward looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements regarding the anticipated operational timeline of the hydroelectric facility and co-located cryptocurrency mining farm. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.DPWHoldings.com.

###

Contacts: 
Ron Parham or Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com
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$YGYI Perfect Storm Brewing for North American Coffee Market

NetworkNewsWire Editorial Coverage

New York NY – August 23, 2018 – The annual report for 2017 by the National Coffee Association indicated that for the first time in almost seven decades of reporting the industry trends, more than half the coffee consumed daily in the United States was gourmet, which represented a hearty 59 percent of total consumption.

  • Coffee consumption in North America at highest levels since 2012
  • Gourmet coffee over half of all consumption for first time in recorded history
  • Coffee prices potentially bottomed out with some analysts predicting major rise
  • Product quality/innovation and end market resonance likely the key differentiating factors moving forward

With 64 percent of adults reporting drinking at least one cup per day, overall coffee consumption is up 2 percent from last year to reach the highest levels since 2012. The North American coffee market is on pace to run at a CAGR of some 5.8 percent through 2023, according to a recent report published by Mordor Intelligence. Youngevity International, Inc. (NASDAQ:YGYI) (YGYI Profile), while historically recognized more for the company’s innovative products, direct sales and marketing, has been steadily executing on a plan to build scalable coffee operations across multiple vertical segments. Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) continues to differentiate itself in the consumer market with broad appeal and offerings such as its recently debuted Cold Brew coffee, the most successful launch in the company’s history on an incremental sales basis. Industry juggernaut Starbucks Corporation’s (NASDAQ:SBUX) share price may be in a holding pattern with a slight decline lately, but the king is still trying on new clothes, as evidenced by the recent launch of a plant-based Protein Blended Cold Brew in almond and cacao. Coffee Holding Co., Inc. (NASDAQ:JVA) continues to branch out in the commercial end of the market via deals such as its partnership extension with Smart & Final, which has 323 upscale locations across California and Oregon. Farmer Brothers Company (NASDAQ:FARM) is also banking heavily on North America’s seemingly unflappable love affair with coffee, as this roaster, wholesaler and distributor recently detailed expansion of its roasting capacity to more than 200 million pounds per year, as well as expansion of its distribution capabilities.

A Perfect Price Storm Brewing?

Mounting global input sources and a decline in the value of primary global producer Brazil’s currency have added momentum to falling coffee prices, which have been declining since the highs of late 2016. Coffee futures are currently off by around 17 percent since the start of the year to near five-year lows, mirroring the decline in the value of the Brazilian real against the USD and defying analyst consensus about a rebound. The International Coffee Organization’s global composite price dropped 3 percent last month to the lowest monthly average in over a decade, and the CFTC report indicates record net short positions in the coffee market for the start of August.

Nevertheless, coffee futures may be bottoming out and in a position to realize the kind of jump seen back in 2014, especially if a developing El Nino Modoki (the other dominant mode of interannual variability in the tropical Pacific), exacerbated by lower solar output (a lack of sunspots), translates into dry weather in the coffee growing regions of Brazil, as it does around 75 percent of the time.

Newer to the Field but Bringing Plenty of Ammo

Youngevity International, Inc. (NASDAQ:YGYI) operates via two distinct segments: direct selling, which currently accounts for 83 percent of revenues, and commercial coffee, which contributes the remaining 17 percent. The company uplisted to NASDAQ in June 2017 and was subsequently added to the Russell Index in June 2018. With more than 18.6 million direct selling reps in the United States — the two largest segments of which are millennials and gen Xers (36.9 and 34 percent respectively) — Youngevity is uniquely poised to communicate with two of the most difficult to market to and yet highly sought-after target demographics.

On the back of the company’s sizeable direct marketing presence in areas such as anti-aging, skin care, weight loss and brain health, Youngevity has been branching out rapidly into commercial coffee via its wholly owned CLR Roasters subsidiary. Projected to be worth more than $622 billion combined by 2021, these scalable growth areas in health are targeted quite effectively by an ever-evolving array of intelligently designed and differentiated brands.

Recipe for Success Includes Field-to-Cup and Customized Blends

This same eye for formulating unique, intelligently designed products has primed Youngevity exceptionally well for addressing emerging fronts in the coffee game, such as functional beverages. Youngevity’s CLR Roasters has already been doing robust business via company-owned brands Josie’s Java House and Café La Rica.

In addition, the company’s recently executed five-year contract to sell and process more than 41 million pounds of green, high-grown washed Nicaraguan conventional coffees per year should bring in steady revenues for Youngevity to the tune of some $250 million (based on mid-August 2018 coffee future prices), which will be rolling into the company’s coffers from 2019 through 2023. Extensive regional work by the company’s wholly owned Siles Family Plantation Group was instrumental in securing this lucrative long-term contract, and the partnership with Alain Hernandez of H&H Export Group has set Youngevity up nicely for further expanding its footprint in Nicaragua.

CLR Roasters’ Miami roasting operation roasts around 25,000 to 28,000 pounds per day (10 million pounds per year) and has an annual grinding capacity of some 15 million pounds. The company’s facility is able to boast consistently high-quality standards due to a field-to-cup process that it controls every step of the way. While many bigger roasters have their own blend specs, CLR Roasters works directly with its customers to develop unique, customized blends. The company offers a wide variety of packaging options to satisfy every kind of end market consumer. From two-ounce fractional packs and five-pound bags to single-serve K-Cups of customized blends, the company’s production facility provides impressive versatility and is able to churn out K-Cups at the rate of 220 per minute. Despite the impressive operational scale of the company’s facility, CLR Roasters prides itself on the retention of boutique roasting methodologies, including visual, touch and smell-based analysis by in-house roasting veterans.

Share Price Pivot Point Echoing Potential Coffee Price Pivot

While seemingly rangebound at just over $4 for the last month, a number of positive indicators have cropped up recently for YGYI’s share price. Full-service investment banking firm and equity research heavy-hitter The Benchmark Company initiated coverage on August 10 with a “buy” rating and $7 price target. The August 14 release of solid Q2 FY18 data included a 6.6 percent jump in revenues compared with numbers from one year ago. Those numbers appear to be led by a 23.7 percent increase in revenues from the company’s commercial coffee segment as well as EPS that beat the Thomson Reuters’ consensus estimate by $.03.

The Q2 data was handsomely in line with earlier Q1 FY18 results, which saw a 39.9 percent rise in coffee segment revenues and an 11 percent increase in overall revenues compared to Q1 FY17 and featured striking data points such as a 325 percent boom in sales of Café La Rica Espresso Brick Packs. FINRA data also indicates a 72 percent drop in short interest for August, from 5,000 previously down to 1,400 shares, indicating overall market sentiment may have pivoted significantly.

The rise in numbers are showing up in other companies’ reports as well. Dunkin’ Brands Group, Inc. (NASDAQ:DNKN) has seen impressive share price appreciation in recent years, posting a 60 percent rise over the last two years. Q2 FY18 figures were impressive with the company’s consumer packaged goods (CPG) business seeing the most success. Dunkin’ Donuts K-Cups in particular are showing enviable numbers, posting growth in excess of 20 percent, or four times the overall CPG growth rate.

Starbucks Corporation (NASDAQ:SBUX), which promised late last year to return some $15 billion to shareholders via buybacks and dividends through 2020, has a 22.3 percent five-year dividend growth rate although the share price has been effectively flat year-to-date. The price decline is occurring as the company faces increasing competition in markets such as China. SBUX also may be facing market saturation here in North America, where some analysts suggest that the company’s latest offering, a plant-based protein coffee, is a sign SBUX is now actually playing catch up with DNKN in cold brew coffees.

Coffee Holding Co., Inc. (NASDAQ:JVA) recently acquired Wisconsin-based wholesale roasting company Steep N Brew Coffee ($7 million in revenues for the recent fiscal year) for $2.85 million, along with the fair-trade only Café Fair brand and its eponymous Steep N Brew coffee brand. JVA has also added a private label cold brew as well as the Café Caribe Espresso coffee product to further enhance its commercial ground game and is currently working on developing new areas to pump its growing portfolio of caffeinated beverages into.

Farmer Brothers Company (NASDAQ:FARM) recently posted a 13.7 percent year-over-year uptick in the company’s green coffee processing capacity even as gross profits advanced by $5 million over the same period. Farmer Brothers continues work integration and acquisition of the Boyd Coffee Company assets announced this time last year, augmenting FARM’s reach across its existing customer channels, product portfolios and distribution networks.

Whether talking about a small regional retail chain of commercial venues selling boutique coffee brands or a massive international retail operation, the future for coffee consumption appears to be hot. In fact, some analysts are even forecasting a 40 to 50 percent rise in prices if we get a full-fledged drought.

For more information about Youngevity International, please visit Youngevity International, Inc. (NASDAQ:YGYI).

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Thursday, August 23rd, 2018 Uncategorized Comments Off on $YGYI Perfect Storm Brewing for North American Coffee Market

$TGODF CBD Market Presents Potential for Wider Mainstream Appeal and Product Selection

Sometimes lost in the fray of the legalization of adult-recreational and medicinal marijuana in various markets around the world, is the opening up of potential for CBD products to the mainstream public. The non-intoxicating cannabinoid cousin of THC, cannabidiol (CBD) is seeing a surge in popularity, especially in the US and Europe.According to a new report from New Frontier Data, the CBD industry is set to grow to $2 billion by 2022—after witnessing that in the US alone, the CBD industry grew by nearly 40% in 2017.

This potential isn’t lost by several of the major cannabis companies that are jockeying for position with new products on deck. The companies include Canopy Growth Inc. (TSX: WEED) (NYSE: CGC), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), CV Sciences Inc. (OTC: CVSI), Tilray Inc. (NASDAQ: TLRY), and The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF).

CBD’s versatility in forms of intake presents manufacturers with several options and markets to serve.

Canopy Growth has managed to continuously steal headlines with CBD. From its massive deal with Constellation Brands, which warranted a $4 billion injection from its partner to develop new cannabis-infused beverages, to funding research that proposes the possibility of CBD products even for pets.

And the market isn’t just restricted to North America, as The Green Organic Dutchman recently just proved—making a big splash into the European Market through the acquisition of premium EU CBD brand Cannabigold, which has access to over 750 million customers across 13 countries.

Whether they’re derived from hemp or from marijuana, CBD oils will have a big role to play in the coming cannabinoid boom, as new markets open up around the world. The non-psychoactive cannabinoid will likely be found on more and more grocery shelves and in more products in the years to come—and several of today’s leading companies are already priming themselves and their products.

CBD MARKET DEVELOPER MILESTONES

Canopy Growth Inc. (TSX: WEED) (NYSE: CGC)

Expectations on Canopy Growth couldn’t be any higher, in the wake of the recent announcement that its partner Constellation Brands will be injecting $4 billion into development of new cannabinoid-infused products. Among those products most obviously will be a series of beverages, including those with THC and with CBD. However, it was another recent announcement that Canopy is researching the potential of CBD products for pets that has caused some heads to turn, and some tails to wag.

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON)

Cronos recently struck a deal with Cura Select Canada Ltd., through a supply agreement designed to boost Cura into a leading provider of premium cannabis oil and hemp oil to the legal US and international markets. Cura’s claim to fame is its pioneering of a highly-refined system of extraction techniques that’s scalable to a capacity of one million grams of oil per month at each of its facilities. Cronos sees the supply deal as a start towards sourcing extracts at a much higher rate than before, through Cura’s technology.

CV Sciences Inc. (OTC: CVSI)

CV Sciences has made a name for itself through its 50+ SKUs under its Plus CBD branded line. By tapping into multiple channels, CV Sciences serves nearly 2,000 retail stores, 1,000 physicians’ offices and consumers directly through its e-commerce operation. Currently, the company’s products are disseminated through distribution channels that include retail, wholesale, and direct-to-consumer. CV Sciences is currently exploring a number of new possibilities for different products and distribution channels.

Tilray Inc. (NASDAQ: TLRY)

With very little THC, and high amounts of CBD, Tilray’s 2:100 medical cannabis oil is showing signs of helping many patients, including children. A recent study featuring the product shows promising results for children with drug-resistant epilepsy (DRE) due to Dravet Syndrome. Findings from the Phase II trial, conducted by researchers at The Hospital for Sick Children in Toronto gave very encouraging results, further expanding the potential benefits of CBD on a much wider medicinal scale.

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF)

Seeing major potential in the European market, TGOD recently acquired leading CBD oils manufacturer HemPoland. Now with a foothold into the EU, with access to 13 countries already being served by HemPoland, TGOD plans to rapidly expand its European footprint through a series of investments into the new acquisition, and utilizing its state-of-the-art hemp oil extraction technologies. The acquisition provides TGOD with a strategic pathway into the European market for its medical and recreational products and licensing deals.

EUROPE PROVIDES A CBD GATEWAY TO OVER 750 MILLION PEOPLE

The potential for European cannabinoid products are massive. When The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) saw the opportunity for a significant gateway into the EU market, it seized it immediately.

Earlier this week, TGOD announced it had acquired leading European manufacturer of and marketer of premium organic CBD oils, HemPoland. Since becoming the first company in Poland to have obtained a state license to grow hemp and manufacture CBD oil products in 2014, HemPoland has developed out a vast distribution network, headlined by its premium brand Cannabigold.

Under founder and CEO Maciej Kowalski, HemPoland established a reputation as one of Europe’s most widely recognized experts in the space. The company comes with state-of-the-art hemp oil extraction technologies—But most importantly to TGOD, it comes with a strategic pathway into the EU for TGOD’s medical and recreational products and licensing deals.

“HemPoland is a key component to a number of strategic acquisitions and planned partnerships focused on expanding our global distribution network. This acquisition will significantly add to the Company’s top and bottom line,” said Brian Athaide, CEO of TGOD. “Gaining market share with CBD products now, in the EU, with over 700 locations allows TGOD to establish immediate brand awareness across all verticals including infused beverages. This is an accretive acquisition and gateway to Europe’s 750 million people accelerating our plan of becoming the world’s largest organic cannabis brand.”

(WATCH: TGOD CEO gives interview with BNN)

Over the last four years since its founding, HemPoland established itself with access to over 750 million people, and sales across 13 countries. The company is vertically integrated, with over 1,250 acres of cultivation leveraging third parties, multiple commercial scale extraction units, local distributors in Poland, Austria, Germany, Switzerland, Netherlands, Czech Republic, Portugal, Slovenia, Ireland, Italy, Estonia, Lithuania and the UK, and product sales in over 700 locations.

In terms of its CBD oil production potential, HemPoland successfully produced over 32,000 kgs of organic dried flower and 310 kgs of organic CBD oils in 2017.

The expectations on HemPoland to rapidly expand are built into the details of the deal. TGOD acquired HemPoland for $7.75 million in cash, and just under 2 million shares for a combined worth of roughly CAD$20.4 million, with an additional US$10.3 cash investment allotted for the European expansion.

Highlighted among the numbers were additional performance-based incentives on delivery of US$32 million of EBITDA in fiscal 2021. Should HemPoland deliver and even exceed these performance incentive milestones, this deal will be seen as an absolute steal by TGOD for the price it paid.

To break it down further, one must look at CV Sciences Inc. (OTC: CVSI), which recently reported a record adjusted EBITDA of US$5,628,000 with record sales of $20,419,000 in the first six months of 2018. With those kinds of numbers, CV Sciences has achieved a market cap of just under US$650 million.

When applied back to TGOD, the HemPoland acquisition has the conservative potential to add an additional US$300+ million (CAD$400 million) in market cap value to TGOD’s overall presence.

With the recent announcement of Constellation Brands’ $4B USD investment into Canopy Growth all eyes are on the next acquisition, joint venture or partnership to emerge in the sector. Through the latest acquisition, TGOD has uniquely positioned itself to be an innovator in the CPG/CBD-infused beverage segment. Additional global beverage giants have been made aware of TGOD’s intentions to enter the sector, after it announced its beverage specific division, beverage R&D facility, and dedicated production to these types of products.

The HemPoland acquisition is the second European deal for TGOD, having secured a 50/50 joint venture involving 1.3 million sq ft of state-of-the-art automated greenhouses in Denmark. Combined with its flagship operations in Canada and new ventures in Jamaica, TGOD stands to attain a net annual growing capacity of 195,000 kgs of organic cannabis, which would rank it as the 4th largest producer in the world. With HemPoland, TGOD now is looking to expand its footprint beyond organic cannabis, and into the lucrative field of hemp-derived CBD.

Disclaimer

Nothing in this article should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this article is not provided to any individual with a view toward their individual circumstances. Baystreet.ca has been paid a fee of ten thousand dollars for TGOD advertising and digital media. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this article as the basis for any investment decision. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in this article is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Thursday, August 23rd, 2018 Uncategorized Comments Off on $TGODF CBD Market Presents Potential for Wider Mainstream Appeal and Product Selection