Archive for January, 2019

$NUGS Hemp Proving to have Major Growth Potential

Palm Beach FL – January 31, 2019 – Hemp… What’s old is new again! An article from the National Hemp Association had some surprising facts about hemp today and yesterday, for example: “Hemp is thought to be the first domestically-cultivated plant, with evidence of hemp fabric dating to 8,000 years ago found in Turkey (former-day Mesopotamia). Other evidence suggests cultivation further back by two or more thousands of years.   Hemp paper is stronger than wood-based paper; it has strongest natural fiber of any source; it can grow nearly anywhere in the world, in many types of soil; it can grow without pesticides; it is a high-yield crop. (One acre of hemp produces twice as much oil as one acre of peanuts, and nearly four times as much fiber pulp [or paper] as an acre of trees. Levi jeans were originally made from hemp sailcloth (and rivets), for goldminers in California, who would fill their pockets with gold.” And “because of its strength hemp fiber can be used for composite materials to make anything from skateboard decks to stealth fighter bodies”.  Furthermore, increasing demand for hemp-based technical products including oil paints, varnishes, biofuel, solvents, and coatings is expected to drive market growth. The personal care industry is expected to register a revenue-based CAGR of 15.9% from 2018 to 2025 on account of high fatty acid content of the product. Body care products containing seed oil reduce skin discomfort by soothing and restoring dry or damaged skin and also help slow down aging process, which is likely to drive demand.   Active companies in the cannabis industry includes:  Hemp Inc. (OTC:HEMP), Medical Marijuana, Inc. (OTC:MJNA), PotNetwork Holdings, Inc (OTC:POTN), Puration, Inc, (OTC:PURA), Cannabis Strategic Ventures (OTC:NUGS).

Today, however, hemp still has a growing demand, as per another industry research source states: “hemp-based food products including cooking oil, dairy alternatives, flour, and salad dressings is expected to drive market growth. In addition, rising demand for bakery products such as bread and cookies is expected to drive the market. The industry is witnessing growth on account of increasing consumer awareness pertaining to benefits associated with hemp products.

Hemp Inc. (OTCPK:HEMP) BREAKING NEWS:  Hemp a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western hemisphere, announced today a joint venture between Hemp, Inc. and retail store Hemp Healthcare, in Dolan Springs, Arizona, to sell high-end cannabidiol (CBD) and hemp-based products.

Hemp Healthcare is a retail storefront conveniently located off Highway 93 in Arizona, in a highly trafficked tourist area. Specifically located on Pierce Ferry Road, Hemp Healthcare is next to Dolan Station – a location that welcomes numerous tour buses daily with visitors from around the world that stop there on trips to the Grand Canyon. Hemp, Inc. announced in July 2018 that the company had entered into a joint venture with Dolan Station to sell high-end CBD and Hemp, Inc. products as well. The global demand for CBD and hemp products at Dolan Station supported the opening of Hemp Healthcare.

Hemp Healthcare is home to an array of renowned CBD and hemp products, including Hemp, Inc.’s cosmetic and wellness line that includes shampoos, lotions, candles and more. Additionally, Hemp Healthcare offers a whole range of other popular CBD and hemp-based products such as oils, infused water, vapes, pre-rolls and more.

Most of the individuals visiting Hemp Healthcare and Dolan Station are tourists traveling from Las Vegas to the Grand Canyon Skywalk, which is the Grand Canyon West’s premier attraction. One of the seven natural wonders of the world, the Grand Canyon receives nearly 5 million tourists a year, according to CNBC.

“The joint venture between Hemp, Inc. and Hemp Healthcare will be a monumental stride for not only the storefront but also for Hemp, Inc., as we make our way into the tourism market,” said Hemp, Inc. CEO, Bruce Perlowin. “The consistent passing of individuals through this town, on their way to one of the most popular attractions in the United States, will only increase the awareness of high-end CBD and hemp-based products, including our own brand.”   Read this full announcement and more news for HEMP at:   https://www.financialnewsmedia.com/news-hemp/

Additional cannabis industry related developments from around the markets:

Medical Marijuana, Inc. (OTCPK:MJNA) recently announced that NFL veteran Bryan Barker has become a spokesperson for its subsidiary Kannaway® to help spread awareness on the benefits of cannabidiol (CBD) for athletes and active consumers. “We believe that our partnership with Bryan Barker will help us spread awareness about the wellness benefits of CBD,” said Kannaway® CEO Blake Schroeder. “We look forward to sharing his story and hopefully encouraging others to consider including CBD in their lives.”

Kannaway® is the first hemp lifestyle network to legally offer hemp-based botanical CBD wellness products. The Kannaway®  Sports division aims to spread awareness of the many important benefits CBD offers for professional and amateur athletes, connecting former NFL athletes with the education and products they need to help them live happier, more fulfilling lives.

PotNetwork Holdings, Inc (OTCPK:POTN) recently announced that it has presented its popular line of Diamond CBD oils, edibles and creams to pharmacy giant CVS Health at an industry gathering of retailers in Chicago. Recently passed federal legislation that legalizes industrial hemp production in the United States has generated increased mainstream acceptance of CBD-based products and drawn interest from retailers looking to capitalize on the public’s desire for products that reduce stress and anxiety. CVS Health is the largest retail pharmacy in the nation with more than 9,800 locations in 49 states, the District of Columbia, Puerto Rico and Brazil. Nearly 5 million customers are served by CVS Pharmacy each day.

“Our array of CBD products already play an active role in the wellness routine of thousands of Americans,” said Kevin Hagen, CEO of Diamond CBD parent company PotNetwork Holdings, Inc. “That’s why we are happy to present the benefits of CBD and our popular oils, edibles and beauty products to a respected pharmacy chain like CVS Health.”

Puration, Inc (OTCPK:PURA) Developments:  Kali, Inc. released a corporate update that included the latest on KALY’s developments with Puration, Inc, (“PURA”) and Generex Biotechnology, Inc., the company’s research on treatments for Chronic Obstructive Pulmonary Disease (COPD), and other updates. The updates included: Kali-Extracts, Inc. (“KALY”) is a health and wellness company set to generate revenue from its patented cannabis extraction technology through overlapping go-to-market strategies.  KALY is utilizing its patented cannabis extraction process to develop numerous wellness products both internally and through partnerships. Similarly, KALY is utilizing its patented cannabis extraction technology to develop pharmaceutical products internally and through partnerships and; KALY has licensed its extraction process to PURA for the production of beverages.  With over $1 million in trailing twelve-month sales, PURA’s sales of EVERx CBD Sports Water are growing.  KALY is now working with PURA to formulate a 25 MG CBD formula for a new CBD infused water product.  Together, PURA and KALY have signed over a $1 million agreement to produce CBD infused water for Generex Biotechnology, Inc.  The GNBT product is expected to be on shelves soon and: KALY has introduced its own line of CBD infused candies under the name Hemp4mula.  KALY has signed its first distribution agreement for Hemp4mula gum and initiated the production of Hemp4mula gummies.  Hemp4mula gum will be on retail shelves soon and for sale on line soon.

Cannabis Strategic Ventures (OTCPK:NUGS) recently announced  its plan to break ground on a 6-acre canopy cultivation site in Northern California which will be known as The NUGS Farm. Complimentary to this land acquisition, the Company has obtained from the State of California over 20 licenses for cannabis manufacturing, distribution and cultivation.

“Establishing The NUGS Farm and securing these licenses are significant milestones for Cannabis Strategic Ventures. We are proud of what we have accomplished at this stage of the company,” commented Simon Yu, CEO, Cannabis Strategic Ventures. “As the cannabis industry expands, and as we work to make cannabis legal on a federal level, Cannabis Strategic Ventures will be in position to touch on all areas of cannabis production.”

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$LXRP DehydraTECH Receives New R&D Funding for Oral Nicotine Delivery

  • LXRP subsidiary Lexaria Nicotine LLC enters definitive investment agreement with large tobacco company to receive R&D funding in exchange for licensing and equity
  • Partner has provided initial $1 million – with an option for up to $11 million more – for research on DehydraTECH’s oral forms of nicotine delivery through a series of private financings
  • LXRP still retains majority equity ownership of Lexaria Nicotine, while partner receives a minority equity interest in the subsidiary, not in LXRP itself

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH absorption platform will receive a significant injection of R&D financing under an investment agreement that wholly owned subsidiary Lexaria Nicotine LLC has entered into with a large tobacco partner. LXRP has initially received $1 million toward its research on nicotine consumer products that use DehydraTECH (http://nnw.fm/A0iyv).

Through the agreement, the partner also has the option to provide up to $11 million in additional research through multiple phased private financings to underwrite LXRP’s R&D. In exchange, the partner will receive certain license rights to commercialize these DehydraTECH products exclusively in the United States and non-exclusively elsewhere. The partner, the largest cigarette company in the U.S., will be obligated to pay LXRP a royalty on sales of all products that use DehydraTECH.

The partner will have the option to buy full ownership of LXRP’s subsidiary, but no equity in LXRP itself, per the terms of the agreement. Additionally, the partner will have the right to appoint one of the seven directors of LXRP, and, as the phased additional investments are made, it may have the right to appoint up to three directors.

Lexaria Nicotine plans to conduct a series of clinical investigations into oral forms of nicotine delivery using DehydraTECH technology. In a news release, John Docherty, LXRP president, said, “Lexaria Bioscience has repeatedly demonstrated the powerful effects of its patented DehydraTECH technology for enhancing the palatability and speed of onset of orally consumed bioactive substances such as nicotine.”

Based in British Columbia, Canada, LXRP is a biotechnology company and drug-delivery platform innovator focused on out-licensing its disruptive delivery technology, which promotes healthier ingestion methods. LXRP holds a patent for the oral delivery of all cannabinoids and has a growing IP portfolio that includes 10 patents granted in the United States and Australia, with more than 50 patent applications worldwide across 10 patent families. DehydraTECH is its proprietary absorption technology platform.

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

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Thursday, January 31st, 2019 Uncategorized Comments Off on $LXRP DehydraTECH Receives New R&D Funding for Oral Nicotine Delivery

$GGBXF Expands its Multi-State Operations into Arizona

Acquisition of a vertically-integrated business adds a third U.S. state to Green Growth Brands’ operations and is the next step in its accelerated plan to become a leading American MSO

COLUMBUS, OH, Jan. 31, 2019  – Green Growth Brands, Inc. (CSE: GGB) (OTCQB: GGBXF) (GGB or the Company) announced that yesterday, January 30, it executed an arm’s length definitive agreement to acquire control of ZLJT LLC & Arizona Natural Pain Solutions Inc, collectively referred to as “Desert Rose”. Desert Rose holds a license for a vertically-integrated operation in Arizona, including retail, cultivation & infusion (kitchen). As consideration for the membership interests, GGB will pay an aggregate purchase price of USD$12,350,000 (CAN$16,292,120) in cash.

“We were very impressed with the quality of the operations held by Arizona Natural Pain Solutions,” said Green Growth Brands CEO Peter Horvath. “At Desert Rose, the team is dedicated to providing their customers with medical marijuana products that are pure, safe, and efficient while striving to keep their costs as affordable as possible. This strategy fits perfectly with our plans to grow the world’s premier cannabis retailing business.”

Desert Rose, located on the corner of 7th Ave and Happy Valley Road, close to the Norterra shopping center, was founded in August 2016 and has grown to serve nearly 400 patients per day. Desert Rose specializes in top-tier flower, vape pens, concentrates, edibles and tinctures. Desert Rose has over 237 reviews on Google and a 4.7/5 star rating and offers a loyalty program where customers earn back 1% of their purchases to be spent in the dispensary.

“The retail operations at Desert Rose fits our stated strategy of favoring large sales volume with high-productivity assets,” added Horvath. “Our vision of Green Growth Brands is to be a multi-state operator with stores averaging USD$15 million to USD$20 million in annual sales, driven by per square foot sales in excess of USD$10,000. This is what our first assets in Nevada and this store in Arizona have achieved.”

The state of Arizona currently restricts cannabis consumption for medical use but appears to be moving towards legalizing recreational use. According to the Arizona Department of Health Services, marijuana sales in the state reached almost 122,000 pounds in 2018, a 41% increase over 2017, with over 186,000 registered medical marijuana patients as of December 2018.

Completion of the acquisition is expected to occur in February 2019 and remains subject to regulatory approval, customary conditions of closing and the satisfactory completion of due diligence by the Company.

The Desert Rose transaction further expands Green Growth Brands position as a multi-state operator (MSO), with Arizona representing the third U.S. state in which the Company will have a marijuana-related operations. The Company intends to become one of America’s leading MSOs, having previously announced in December 2018 its entry into the Massachusetts cannabis market via the execution of a definitive agreement to acquire 100% of the membership interests of Just Healthy LLC (“Just Healthy”), and later that same month the expansion of operations and the awarding of additional licenses in Nevada.

In addition, the Company is pleased to announce the completion, on January 30, 2019, of its previously announced  acquisition of Just Healthy LLC (Just Healthy). Just Healthy holds provisional certificates of registration for a registered medical marijuana dispensary, cultivation, and processing site in Northampton, Massachusetts.

Pursuant to the terms of the Just Healthy membership interest purchase agreement, the Company issued 1,480,057 common shares of GGB (Common Shares) at a price of CAD$2.88 per Common Share (representing a 15% discount to the closing market price of the Common Shares on the Canadian Securities Exchange on December 11, 2018 (being the date immediately preceding the date of the news release announcing this transaction)). GGB has also assumed and satisfied USD$455,000 (CAD$569,933) of Just Healthy corporate debt.

In connection with the acquisition of Just Healthy, the Company has elected to exercise an option to purchase land in the Northampton, Massachusetts area for a total purchase price of USD$700,000 (CAD$923,440). The land is the future site of the cultivation facility. The land portion of the transaction is expected to close on January 31, 2019 and remains subject to customary closing conditions.

About Green Growth Brands
Green Growth brands expects to dominate the cannabis and CBD market with a portfolio of emotion-driven brands that people love. Led by Peter Horvath, the GGB team is full of retail and consumer packaged goods experts with decades of experience building successful brands. Join the movement at GreenGrowthBrands.com.

Cautionary Statements:

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend”, “forecast” and similar expressions. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical and recreational marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the marijuana industry in the United States, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; currency and interest rate fluctuations and other risks, including those factors described under the heading “Risks Factors” in the Company’s Annual Information Form dated November 26, 2018 which is available on the Company’s issuer profile on SEDAR.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this release, including, but not limited to, the Company’s ability to execute on its growth strategy, the Company’s vision to become a multi-state operator with retail stores exceeding certain financal thresholds, the completion of the acquisition of ZLJT, the receipt of regulatory approvals, the satisfaction of closing conditions, the completion of satisfactory due diligence of ZLJT by the Company and the state of Arizona legalizing recreational cannabis use,  is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

This announcement does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act“), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, within the United States, unless the securities have been registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available.

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$RIV $RIV.V $CNPOF Will Canopy Growth’s Spin-Off Be A Powerful Growth Engine?

  • Canopy Growth will reduce exposure to dilution and debt with the investment model of the new company.
  • The business model of Canopy Rivers has one major flaw.
  • The way Canopy Rivers must be analyzed in order to understand its growth potential.

Canopy Growth (NYSE: CGC) is near to spinning off its new financial investment company called Canopy Rivers into a publicly traded firm, which will pursue investment opportunities in the growing cannabis sector.

With a business model that has done extremely well for companies in other markets, if it is able to successfully leverage the model, Canopy Rivers has the potential to grow larger than Canopy Growth in the years ahead.

We’ll look at the business model and strategy of Canopy Rivers, and use a highly successful company that uses a similar model in a different industry as a baseline to measure its potential against.

Canopy Rivers is scheduled to start trading as (TSX.V: RIV) on Thursday, September 20, 2018. My expectations are it’ll start trading over the counter two to three weeks later.

What Canopy Rivers is

In July 2018, after raising $104 million and announcing it was close to going public, the company provided this description of its business:

The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Basically, how the deal will be made is Canopy Rivers will make an offer for a desirable company competing in the cannabis space, taking a partial stake in the business. Not only will it provide capital but its management expertise as well.

Presumably, later on, if the investment pays off well, it’s highly probable it could acquire entire companies. That’s not a certainty, but it would have to be at least part of its strategy for the companies that respond well to its investment and improved execution.

While I’ve seen some pundits gushing about the potential of the new company, there is a major headwind we’ll get into that will determine its long-term performance.

Strengths and weaknesses of the business model

We’ve already looked at the two strengths associated with the business model of Canopy Rivers, which is to provide capital via taking a position in a specific company and then providing its expertise to improve operations and make it more competitive.

There is a third vital area that isn’t included in its model, or at least it’s not observably present at this time, and I’m going to use the highly successful Constellation Software as a baseline to help identify and understand why it’s important to Canopy Rivers being an extraordinary success.

For many years, Constellation Software has successfully identified and acquired software companies that it has supplied capital and its expertise to. What makes it different is it has targeted companies that compete in niches or verticals that larger companies have no interest in acquiring because of their relatively small size.

So, while providing capital and management expertise is important, it’s not as important as finding companies to acquire that have very little competition, which means they can be acquired cheaply and have few if any peers. They perform well if they’re a big fish in a small pond.

Canopy Rivers can make acquisitions that can build its production base, diversify products, and expand to different geographic areas. The problem is any company can do the same that has enough capital and talent in the cannabis industry. They don’t have to compete in the cannabis segment, but if they have enough money, like some of the deep-pocketed tobacco, soft drink, and beer companies do, this is an easily reproducible strategy.

Having said that, where Canopy Rivers could do well going forward is it is looking to make investments in smaller, quality cannabis companies that need a cash infusion. With the ongoing industry consolidation, the companies with a lot more capital to offer aren’t going to look at tiny companies that do little as an add-on to their much larger business.

In the case of Constellation Software, its business model had a built-in moat, which was it acquired smaller software companies that competed in a very narrow niche, such as waste disposal, local real estate, medical, and a variety of other market segments.

The challenge for Canopy Rivers is even if it buys a position in a significant number of cannabis firms, it hasn’t done much to differentiate, which is the key to its long-term success. If its acquisitions don’t create a defensible moat, then it’s doing nothing to keep from becoming a commodity business.

The biggest question for Canopy Rivers is whether or not there’s a large enough base of verticals within the cannabis to generate significant numbers. In other words, if it takes a position in a targeted company, does it have a number of other peers that can continue to compete against it? Are there cannabis verticals that exist which provide products or services that are in demand, but the market is small enough to be profitable, but not large enough to attract larger buyers.

Then there is the fact there are a number of its peers that could employ the same strategy. That has happened on the production and distribution side already. That’s why I say the verticals in the industry are what matter, and I’m not even sure enough exist that make the long-term growth of Canopy Rivers sustainable.

Outside of cannabis production and sales, medical pot, and hemp, there aren’t a lot of other verticals for Canopy Rivers to choose from in the space. It could take a position in a company that helps others build infrastructure and greenhouses, but again, that isn’t something that can’t be easily done by competitors.

If Canopy Rivers and Canopy Growth can execute very well and has the opportunity to make money from its investments on the picks and shovel side of the business or make money from management fees, it could do very well. There is, of course, also the potential of the companies it invests into grow as well, providing more growth.

Is a moat possible with Cannabis Rivers?

If Cannabis Rivers is to build a moat, it would have to do so in relation to the types of companies it invests in. The first thing to look for would be the size of the investment in the companies, which as already stated by Canopy Rivers, will be no higher than approximately $10 million. That would mean few if any larger competitors would be interested in competing for them because of their smaller size, which would drive up the price. Unless the company was to change its strategy, this isn’t going to be an issue. With that in mind, only its peers would be considered competition for taking a position in these smaller cannabis firms.

The most important thing to consider in regard to the potential for Cannabis Rivers to develop a moat would be the type of companies it acquires. I’m looking for something different than production, which as mentioned earlier is easy to replicate. Some considerations would be expanded or improved distribution systems, approval for medical usage, and other things in the industry that are difficult to reproduce.

Last, the one area it could take a big lead in that would be hard for its competitors to copy would be to take positions in companies that have high-quality leadership that it locks in through agreements. If it reaches them before its competitors do, it could dry up the talent pool in the short term, which would make it difficult for competitors to follow until the talent pool in the market expands; that will take time.

Conclusion

Canopy Rivers is a company I want to like, and may even take a position in it in the early months after it goes public. It is likely to receive the benefit of its parent company Canopy Growth, and ride its coattails for a period of time; although there are growing concerns about its rapid increase in share price and market cap as well as the strong probability it’s going to correct big in the near future.

The key to its long-term viability is whether or not verticals emerge in the industry that provides defensible moats because of their smaller size and lack of competitors. I don’t see much of that yet, but it’s likely that more will emerge over time.

For investors interested in Canopy Rivers, that’s the key to determining its future potential. If it takes positions in companies that compete in a commodity segment of the cannabis sector, which is probably all of them at this time, it’s only buying more revenue but not much in the way of earnings.

Of course, revenue is important at this time, and I see that as the main driver in the cannabis industry in the short term. But further out, if verticals don’t emerge in the industry that has revenue and earnings growth potential while being too small for larger players wanting to take a meaningful position in the larger cannabis companies to take interest in, Canopy Rivers will struggle to maintain sustainable growth on the top and bottom lines.

The positive for Canopy Growth is by using Canopy Rivers as an investment arm, it allows it to grow via its 25 percent stake in the new company, without diluting its share price by taking positions in other companies, such as Aurora Cannabis has done.

That’s important because the market has punished Aurora Cannabis because of the level of its dilution, and Canopy Growth is certainly looking for ways to grow without having that same impact on its share price.

At this time, I think Canopy Rivers will be a positive for Canopy Growth, but if it struggles to acquire companies that compete in verticals with a moat, if they even exist in any meaningful numbers at this time, it could eventually be a weight on its performance. On the other hand, if it is successful in its acquisitions, this could be a huge growth catalyst for both companies.

I could even see it being bigger than any other revenue stream for Canopy Growth if Canopy Rivers is successful.

Authored by Gary Bourgeault of Seeking Alpha

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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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Thursday, January 31st, 2019 Uncategorized Comments Off on $RIV $RIV.V $CNPOF Will Canopy Growth’s Spin-Off Be A Powerful Growth Engine?

$NETE 420 with CNW – Craft Medical Cannabis Growers Form Co-op in British Columbia

Small medical cannabis growers and producers in the Canadian province of British Columbia are coming together to form a co-op in order to bridge the supply gap. This co-op venture will be incorporated at the provincial level instead of seeking national incorporation.

This undertaking involves a partnership with Victory Square Technologies and Grow Tech Labs. The supply shortages that have plagued the Canadian recreational cannabis market prompted the initiators of this co-op to take action.

The company will be called the British Columbia Small Cannabis Producer and Processor Co-op. This is intended to reflect the character of the province as a leader in the cannabis industry both nationally and internationally.

Barinder Rasode, the CEO of this new company, revealed during its launch that the entire province and the cannabis industry will benefit greatly if small producers and processors come together to continue making a contribution in the industry.

Rasode added that once these small players combine their capacity, they have the potential to become a formidable player in the cannabis industry not just in Canada but globally.

The new company is calling on small producers to send them an email expressing interest to join this new group and to get additional information about this new entity.

The co-founder and CEO of Victory Square Technologies (Shafin Diamond) remarked that he was excited to see that micro-growers of medical cannabis were coming forward to take part in the co-operative.

It is not clear whether the desire to combine forces wasn’t driven by a survival instinct. As the cannabis industry has grown, large scale operations have increasingly taken an upper hand due to their economies of scale that lower the cost of producing each unit of cannabis.

While production costs are being driven downwards, the cannabis market hasn’t sufficiently segmented (as yet) in order to sustain the niche growers and producers. Consequently, the small growers and producers may have felt some pressure on their profit margins as the large producers brought more products to the market at lower rates.

This pressure could be the reason why the initiators of the co-op decided that they should either combine forces or fold. Such a factor may explain why Grow Tech Labs and Victory Square Technologies were brought on board to provide a way to standardize the products from the small growers and producers.

If that is the case, then that is a positive step forward since the entire industry, including Net Element (NASDAQ: NETE) and Medical Cannabis Payment Solutions (OTC: REFG), would want every entity that can chip in to do so in order to nurture this nascent industry.

About CannabisNewsWire

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

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Thursday, January 31st, 2019 Uncategorized Comments Off on $NETE 420 with CNW – Craft Medical Cannabis Growers Form Co-op in British Columbia

$PBIO NutraFuels to Collaborate on Nanoemulsion-based Nutraceuticals

Coconut Creek, FL, Jan. 30, 2019 — via NEWMEDIAWIRE — NutraFuels, Inc. (OTCQB: NTFU) (NTFU) and Pressure BioSciences, Inc. (OTCQB: PBIO) (PBI) (together, the “Companies”) today announced a collaboration to advance the development of a new generation of health and wellness nutraceutical products based on processing by PBI’s proprietary Ultra Shear Technology (UST™) platform. The Companies believe that nanoemulsions prepared by the UST Platform will have improved quality and effectiveness compared to current emulsions, which will help to facilitate the development of a new generation of improved nutraceutical and other emulsion-based products, such as cosmetics.

PBI is a leader in the development and sale of enabling high pressure-based instruments, consumables, and related services for the life sciences industry.  PBI has more than 300 high-pressure instruments installed in over 200 life sciences laboratories worldwide, including in some of the world’s leading academic, government, and biopharmaceutical laboratories.

 NTFU manufactures and distributes nutritional and dietary supplements focusing on in-house product development and the highest manufacturing standards. All quality control testing and manufacturing processes are in compliance with FDA and cGMP standards. NTFU has developed multiple products for the wellness and nutraceutical markets, including formulas to support energy and focus, sleep, stress, joints, and weight loss.

 Edgar J. Ward, President and CEO of NTFU, said: “We pride ourselves in ensuring that we incorporate the highest level of quality possible in our manufactured products. When we heard that PBI was developing their new, proprietary UST processing platform, and learned of its potential to significantly increase the quality and effectiveness of nutraceutical products, we spoke with PBI and offered to help accelerate its commercial introduction. We are thrilled to be working with such experienced scientific leaders and innovators, in a program that we believe can change lives worldwide for the better.”

 Mr. Ward continued: “We believe PBI’s UST platform has the potential to create long-term room temperature stable, water-soluble nanoemulsions of oil-based solutions. Nanoemulsions are known to offer greater stability and bioavailability than the standard macroemulsions used today in nutraceuticals, cosmetics, and other industries.  We are excited to have the opportunity to work with a life science industry leader in the optimization of a process that has the potential to bring higher quality not just to our products, but to nutraceutical products worldwide.”

 Dr. Bradford A. Young, Chief Commercial Officer of PBI, commented: “We are pleased to have the opportunity to work with NTFU’s scientists and manufacturing personnel in the development of new and improved nutraceutical products utilizing our UST platform. This proprietary technology employs ultra-high pressure and extreme shearing forces to create nano-scale emulsions of oil and water with long-term stability. For many oil-based products, the ability to create very small, nanometer-sized oil droplets that can effectively dissolve in water (nanoemulsions) can improve a product’s appearance, sensory and medicinal benefits. There is a large and growing market opportunity for nutraceutical products with proven health and wellness benefits. We believe PBI’s UST platform can help manufacturers accelerate growth and success in this market with higher quality, water-soluble, oil-based products with superior dietary absorption and shelf-life.”

 Mr. Richard T. Schumacher, President and CEO of PBI, added: “We are excited to work with Edgar and his NTFU team in the optimization of our UST platform, which we believe will result in the development of new and beneficial health and wellness products.  The staff at NTFU has years of experience in manufacturing nutraceutical products in a quality environment. They also have access to both raw materials and finished goods, both of which are needed for optimization.  Finally, they have an existing analytical laboratory with state-of-the-art equipment and well-trained chemists who can perform testing on both pre and post-processed materials, which will be invaluable to the optimization process. This collaboration clearly supports both company’s strategic objectives: we look forward to an exciting and mutually beneficial relationship with our colleagues at NutraFuels.”

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 high pressure-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, food science, soil & plant biology, forensics, and counter-bioterror applications. Additionally, we are actively expanding the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired protein disaggregation and refolding technology from BaroFold, Inc. to allow entry into the biologics manufacturing and 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.

 About NutraFuels, Inc.

 NutraFuels, Inc was founded in 2010 and has evolved into a branded and private label developer, distributor and Food and Drug Administration registered (FDA) manufacturer. NTFU’s products include a range of nutraceutical, wellness, and CBD products as well as a cosmetics line. NutraFuels’ manufacturing process received the Good Manufacturing Processes Standard (GMP) certification. Its products adhere to high manufacturing standards throughout every step of the manufacturing and extraction process. NTFU’s product testing and research and development is conducted by four chemists under the direction of NTFU’s founder and Chief Executive Officer, Edgar Ward.

Forward-Looking Statements

This press release contains forward-looking statements. These statements relate to future events or the Companies’ future financial performance and involve known and unknown risks, uncertainties and other factors that may cause each of the Company’s industry 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. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. The Companies have based these forward-looking statements largely on  their current expectations and projections about future events and financial trends that they believe may affect their respective financial condition, results of operations, business strategy, and financial needs. These statements are only predictions based on each of the Companies current expectations and projections about future events. Investors should not place undue reliance on these statements. In evaluating these statements, Investors should specifically consider various factors. Actual events or results may differ materially. These and other factors may cause each of the Company’s 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 each of the Company’s Annual Reports and other reports filed from time to time with the Securities & Exchange Commission (SEC). More detailed information about these risk factors are set forth in the Company’s filings with the SEC. The Companies encourage Investors to review these risk factors. The Companies undertake no obligation to update any of the information included in this release, except as otherwise required by law.

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

www.nutrafuels.com        

Telephone 888-509-8901

http://www.pressurebiosciences.com
Wednesday, January 30th, 2019 Uncategorized Comments Off on $PBIO NutraFuels to Collaborate on Nanoemulsion-based Nutraceuticals

$NUGS to Launch Major Cannabis Cultivation, 20 Licenses and 6-Acres

LOS ANGELES, Jan. 30, 2019 — via NetworkWire — Cannabis Strategic Ventures, Inc. (OTC: NUGS) today announces its plan to break ground on a 6-acre canopy cultivation site in Northern California which will be known as The NUGS Farm. Complimentary to this land acquisition, the Company has obtained from the State of California over 20 licenses for cannabis manufacturing, distribution and cultivation.

“Establishing The NUGS Farm and securing these licenses are significant milestones for Cannabis Strategic Ventures. We are proud of what we have accomplished at this stage of the company,” commented Simon Yu, CEO, Cannabis Strategic Ventures. “As the cannabis industry expands, and as we work to make cannabis legal on a federal level, Cannabis Strategic Ventures will be in position to touch on all areas of cannabis production.”

California Governor Gavin Newsom, an active proponent for Proposition 64 which legalized the recreational use of cannabis in 2016, continues to support the California cannabis industry and recently recommended a sharp increase in spending for marijuana regulatory programs for the upcoming fiscal year.

“They say that the way California goes, the direction of the country goes,” added Yu. “We are optimistic that federal regulations will become more cannabis friendly in the near future and are excited for the positive impact it can have on our company.”

About Cannabis Strategic Ventures (OTC: NUGS)
Cannabis Strategic Ventures is a Los Angeles-based firm that incubates, develops and partners with category leaders within the cannabis sector. The firm’s NUGS brand experience provides operational and financial strategic partnerships and a range of essential services to emerging and existing cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. and trades on the OTC Market.

For more information, visit http://www.CannabisStrategic.com

FORWARD-LOOKING STATEMENTS: This release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.

Contact:
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Email: IR@CannabisStrategic.com
Website: http://www.CannabisStrategic.com

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Wednesday, January 30th, 2019 Uncategorized Comments Off on $NUGS to Launch Major Cannabis Cultivation, 20 Licenses and 6-Acres

$NETE Launches IoT-Friendly Netevia Software Development Kit

  • Net Element specializes in e-commerce technological solutions for an increasingly digital era
  • Company’s Netevia platform rolls out new capability for Internet of Things marketplace with In-App Payments Software Development Kit
  • Forecasts predict that IoT industry will produce more than 50 billion devices by 2020, with revenues of $520 billion by 2021

Online payment technology innovator Net Element Inc. (NASDAQ: NETE) has made its business the art of enabling commerce amid the digital finance revolution, and the company announced the further development of its Netevia B2B e-commerce services in a January 22 news release that highlights the launch of Netevia’s In-App Payments Software Development Kit (SDK) for hardware manufacturers and application developers building Internet of Things (IoT) connectivity (http://nnw.fm/6ZQCz).

The Net Element platform’s SDK for IoT provides an avenue for developers to build a simple, professional payments flow protocol for IoT-networked devices that is fully compliant with payment card industry data standards. The SDK promotes a single integration point for the varied channels that have become such a feature of e-commerce in the mobile technology era, allowing businesses to pursue best practices efficiency in their transactions with consumer-facing tech.

Cryptocurrencies have become vital as a means of transcending the regulatory hurdles of cross-border commerce on a global scale, and the SDK for IoT includes payment acceptance for the blockchain-powered ecosystem.

“The Netevia Platform simplifies payments across multiple channels through a single point of integration,” Chief Technology Officer Andrey Krotov stated via the news release. “According to Visa, Inc., by 2020 there will be more than 50 billion devices connected to the Internet, providing a huge opportunity for these devices to include payments experience through Netevia SDK.”

The company also cites research by Bain & Company predicting that the global IoT market will more than double its 2017 revenues to $520 billion by 2021 – only a couple of years away, granting Net Element a sizable pie from which to grab a piece.

Net Element specializes in software that provides payment solutions as a service for business enterprises ranging from small to medium in size. The company’s Aptito tech solution supports point of sale transactions for restaurants and retailers, while VIP Payments supports the hotel and tourism industry and Unified Mobile Payments supports businesses on the go, such as kiosk and truck vendors.

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

About NetworkNewsWire

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

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Wednesday, January 30th, 2019 Uncategorized Comments Off on $NETE Launches IoT-Friendly Netevia Software Development Kit

$GGBXF 420 with CNW – Cannabis College Starts Training Oklahomans

People who would like to work in or own medical cannabis businesses in Oklahoma can now receive the training that they need to succeed. Hempstaff Dispensary Training, aka Cannabis College now organizes classes on different aspects of medical cannabis.

The organizers of these classes say that emphasis is placed on equipping attendees with information on the history, science and laws around medical cannabis so that one is ready to participate in this rapidly growing industry.

The company organizes two four-hour classes through which people get a thorough grounding in the major aspects needed by someone who wants to own or work in a cannabis dispensary.

Students who attended the first training sessions held last weekend say that they got more than they paid for because the content of the course was very rich. For example, the students were told why a patient can be given a particular strain of cannabis and not another for a given medical condition.

Such information is critical because the dispensary staff can help patients to make informed decisions when selecting products to buy. The medical cannabis space isn’t like conventional medicine in which a doctor diagnoses and gives a patient a specific prescription to alleviate his or her condition. Cannabis dispensary staff therefore play a crucial role in making it possible for patients to select what will be most beneficial for them.

Cannabis College decided that it would make its contribution in the medical cannabis space by preparing people to work in this industry. Leaving cannabis companies with the sole responsibility of training their staff is a bit risky, the organizers of the trainings added.

The trainers also say that they put emphasis on the current medical cannabis legislation and the likely changes that are bound to occur. This segment of the training is important because at the moment, Oklahoma is using emergency rules to regulate the medical cannabis industry. One should therefore understand the current legal regime and prepare for the changes that are coming as the industry evolves in the state.

Employers appreciate this training on the rules because an employee who doesn’t know all the applicable legal provisions can make a mistake that can cause regulators to close a dispensary and fine or incarcerate the owners.

The initiative taken by Cannabis College is appreciated by everyone in the cannabis industry, including Green Hygienics Holdings Inc. (OTCQB: GRYN) and Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) because such efforts make the industry more beneficial to patients.

About CannabisNewsWire

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

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Wednesday, January 30th, 2019 Uncategorized Comments Off on $GGBXF 420 with CNW – Cannabis College Starts Training Oklahomans

$RIV.V $RIV Continues to Drive Technology Innovation for EnviroTechnologies International

POINT ROBERTS, Wash. and DELTA, British Columbia, Jan. 30, 2019  — Investorideas.com, a leading investor news resource covering hemp and cannabis stocks releases a snapshot focusing on how the cannabis industry continues to force technology innovation as it faces new challenges with the sector’s continuing rapid growth.

The cannabis industry has begun to fully affect the beverage, food, medical and pharmaceutical industries but one area cannabis has helped drive forward from inception has been the tech industry. Due to the complexity of the cannabis plant as well as the strict regulations surrounding it, technological innovations have been a “must have” for any cannabis company that hopes to expand and grow.

Canopy Rivers Inc. (TSXV:RIV.V) (OTC:CNPOF), an investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector, recently announced its equity investment in Headset, Inc., a data and analytics service provider for the cannabis industry. Canopy Rivers subscribed for C$4,084,500 of Series A Preferred Shares in Headset, representing the Company’s first entry into a technology-focused cannabis vertical.

Headset is the first real-time business intelligence and analytics software platform for the cannabis industry. The experienced leadership team at Headset have deep roots in the cannabis industry, with Headset’s founders having also founded Leafly, the world’s largest cannabis information resource. With services that provide access to up-to-the-minute information on sales trends, emerging sectors, popular products, and pricing, Headset’s proprietary software platform allows customers to use data to identify new areas of opportunity, understand the competition, and tailor product development.

Smaller technology companies like EnviroTechnologies International, Inc. (OTC: ETII), which develops and markets green, natural and organic products for diverse industries, confirmed that it is preparing to introduce new technology to licensed cannabis growers in the northwest that will help eliminate growth-impeding pathogens and stimulate harvest yields.

“What hasn’t been covered as much is the potential and existence of fungal and contaminants that are prevalent in nearly all phases of plant growth, harvest, and post-harvest product processing of hemp and cannabis,” said Gaylord Karren, ETI’s President. “Mold and fungal presence in grow rooms, as well as outside grow facilities is not only dangerous but also negatively affects the plant’s growth cycle, killing large portions of the crop and leaving bacterial residue on the plants and facilities. This reduces the growth and the ultimate yield. The problem is that there is no real non-toxic solution to eliminate mold and fungal growth in grow facilities. ETI has the only real, effective, non-toxic solution to cleaning and sanitizing plant facilities.”

Randall Waters, ETI’s VP of Sales & Marketing said, “We are all focused and dedicated to addressing these growing market opportunities in the CBD, hemp and cannabis industries.”

Also embracing the cannabis/technology connection are larger Canadian producers like Aphria Inc. (TSX: APHA.TO) (NYSE: APHA), who recently entered into an exclusive agreement with Toronto-based UNOapp Inc. to collaborate on the development of technology and analytics solutions for Canada’s adult-use cannabis industry.

“With our innovation-focused approach, Aphria is setting the pace for the evolution of the adult-use cannabis industry in Canada,” said Jakob Ripshtein, President of Aphria. “Our industry’s long-term future will be driven by consumer-centric, innovation-led product, brand and technology solutions. We are excited for this collaboration with a fantastic technology partner in UNOapp and look forward to developing industry-leading solutions that shape the adult-use cannabis market for years to come.”

Founded in 2010, UNOapp has developed proven technology, marketing and analytical solutions that has enabled more than 4,500 customers across the globe to engage with their customers and drive revenue.

WeedMD Inc. (TSX-V: WMD) (OTC:WDDMF), a federally-licensed producer and distributor of medical-grade cannabis is also looking at tech partnerships as they recently announced, that with BLOCKSTRAIN TECHNOLOGY CORP., they have completed the ‘first-of-its-kind’ cannabis strain validation registration program – a testing and verification process that will confirm cannabis strains as purchased.

Strain validation will play an important role as cannabis products advance through the medical, pharmaceutical and retail channels. Following the collection and registration of plant DNA from its Aylmer, Ontario facility in October 2018, WeedMD becomes the first licensed producer in the world to incorporate a cannabis strains authenticity and tracking platform into its sales program.

One of the best things coming out of this rapid growth industry has been the need for innovation and it seems cannabis and technology will move forward hand-in-hand.

For investors following cannabis stocks, Investor Ideas has created a stock directory of publicly traded CSE, TSX, TSXV, OTC, NASDAQ, NYSE, ASX Marijuana/Hemp Stocks

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Wednesday, January 30th, 2019 Uncategorized Comments Off on $RIV.V $RIV Continues to Drive Technology Innovation for EnviroTechnologies International

$LXRP Outside Investment, New Technology Support Growing Cannabis Industry

CannabisNewsWire Editorial Coverage: Revolutionary innovations and advancements within the cannabis industry are drawing significant investment from big corporations.

  • Technology currently in development will make it easier to consume active ingredients in cannabis.
  • Advances have attracted investment for the technology’s use in tobacco as well as cannabis.
  • These improvements could move consumers to healthier forms of consumption than smoking.

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) (LXRP Profile) has benefited from recent investment by Altria to support its innovative research and design work. Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has received substantial investment from a beverage company, which will support the development of cannabis drinks. Within the sector, Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) is in the process of acquiring an organic grower. Outside investment is bolstering Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON), a cannabis company with global reach. And another innovator, GW Pharmaceuticals Plc (NASDAQ: GWPH) (OTC: GWPRF), has run successful trials on a new drug to tackle a form of childhood epilepsy.

Finding Funds for Cannabis

The quest for finance is important in any industry, but for cannabis businesses, which are going through a period of impressive growth thanks to legal and social changes, this need for money is particularly time sensitive. Those who find substantial funding now may be in the best position to expand in the growing market.

Only a select few companies in the cannabis industry have successfully attracted capital from — and built relationships with — Fortune 500-type corporations. Though cannabis is growing, the sector is still relatively small compared with those big names, and the perceived reputational issues can be a deterrent. Even among cannabis companies that have drawn big money, few have established a partnership allowing them to retain control, much less receive money in return for license rights and minority ownership in a subsidiary. Instead, most of these companies aim to be bought out by bigger businesses.

But there have been exceptions.

A Better Deal for a Cannabis Company

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) is an example of one company that has built a big funding deal on its own terms.

Biotech company Lexaria is perhaps most known for its DehydraTECH technology, a revolutionary system for processing molecular compounds to make them more suitable for human consumption. Applicable to molecule such as THC and cannabidiol, the active ingredients in cannabis, the technology makes these compounds taste better, increases the body’s ability to absorb them, and speeds up their impact on the body. Together, these changes can increase the efficacy of both medical and recreational drugs.

To provide the funding for further work on this technology, Lexaria has struck a deal with industry giant Altria, which will cover the use of DehydraTECH to deliver nicotine.

The milestone deal is between Lexaria Nicotine LLC, a wholly-owned subsidiary of Lexaria, and a subsidiary of Altria, Altria Ventures Inc. Under the terms of the agreement, Altria will initially provide $1 million of finance towards a Lexaria research and development program, with the option for funding of up to $12 million.

Unlike so many other deals in the biotech sector, the partnership won’t see Altria gain any ownership over Lexaria itself. Instead, the company will receive minority ownership of the Lexaria Nicotine subsidiary, with the option to increase its stake in that company through multiple phased private financings. Lexaria retains its independence while benefiting from the money that big tobacco can provide. Critically, Lexaria’s shares have not been diluted by this fresh source of finance.

In addition to a minority stake in Lexaria Nicotine, Altria has received a license to use DehydraTECH technology in oral nicotine delivery products, on an exclusive basis in the United States and a nonexclusive basis elsewhere in the world. This will provide Lexaria with a new revenue stream, as it is slated to receive royalties for any DehydraTECH products Altria launches. The impact on Lexaria’s financial statements of a Fortune 500-derived royalty stream could be significant.

Tobacco companies are eagerly searching for alternatives to traditional cigarettes, to reduce their damaging impact on health and the reputational damage this brings. These factors give Altria a strong motive to develop products using DehydraTECH, providing profits for Lexaria and demonstrating the potential of DehydraTECH to other interested parties.

Starting with a $1 million stake might seem small compared with other big headline deals. But by gaining Altria’s buy in without selling any part of its main company, Lexaria has struck a profitable balance between raising finance and retaining its independence. It’s a unique transaction that other cannabis companies haven’t been able to achieve.

Applying the Technology

Though this recently announced deal is about tobacco, Lexaria’s attention is very much on the cannabis market.

There are three main routes for the active ingredients in cannabis to enter the body — by inhalation, by being placed under the tongue, and by being eaten. Each has its own drawbacks. Inhalation has the highest level of bioavailability, or how much of the chemical is absorbed, but is harmful to the consumer’s lungs. Consumption by under-the-tongue methods has a moderate level of bioavailability but an unpleasant taste. Eating cannabis products has a low level of bioavailability, giving consumers a low bang for their bucks, plus flavor challenges usually met through the addition of large amounts of sugar.

DehydraTECH transforms the situation by seriously reducing the downsides of eating cannabis.

The technology involves combining active ingredients with fatty acids such as those found in sunflower oil, which provide a protective bond, with a patented dehydration process. The molecules within the fatty acids are believed to keep active ingredients away from bitter taste receptors, significantly reducing their unpleasant flavor, thus vastly reducing the need to disguise them with sugar. Low-calorie edibles that taste great are possible!

Fatty acids also help active ingredients in cannabis as they pass through the digestive system. They protect cannabinoids from damage while passing through the stomach, increase the extent to which they’re absorbed by the intestines and can even bypass the liver’s first attempts to filter them out. This leads to much higher absorption, significantly increasing their bioavailability.

This process makes cannabis edibles, which are already healthier than smoking the drug, far more appealing and better value for money. This has led to deals such as Lexaria’s licensing of DehydraTECH to Nuka for use in its cannabis-infused chocolates.

To make the most of this potential, Lexaria has created subsidiaries specializing in the use of DehydraTECH for cannabis. Lexaria CanPharm Corporation focuses on the cannabis market, providing DehydraTECH and other enhancements to the global cannabis industry. The company is in discussions to license its technology in Canada, the United States, and Europe.

Lexaria Hemp Corporation. operates within the related hemp industry, which works with a specific form of cannabis that is low in psychoactive THC but potentially rich in other active ingredients. Lexaria Hemp is in discussions with a number of companies about how its products is used to deliver cannabidiol (CBD) derived from hemp.

With a groundbreaking technology, a carefully developed corporate structure and now a new Fortune 500 source of funding, Lexaria appears to be in a strong position within the cannabis industry.

A Crop of Cannabis Companies

The dramatic growth of legal cannabis in recent years has created a range of important companies focused on the sector.

Like Lexaria, Canopy Growth Corporation (NYSE: CGC) (TSX: WEED) has had success in attracting finance from bigger players outside the cannabis sector. The company has received $4 billion in investment from an American beverage company, which has bought a significant stake in the core company. This will help to finance the development of cannabis-infused drinks and is seen as part of a wider trend, as tobacco and cannabis companies look to vary their product lines while health concerns constrict their sales.

The expansion of the cannabis market has seen a string of investments and purchases within the sector. Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB), one of the big players in Canada, recently signed a letter of intent to acquire Whistler Medical Marijuana Corporation in a deal valued at $175 million. This will give Aurora control of a well-established organic cannabis brand, increasing its market appeal.

Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) has, like Lexaria, drawn investment from Altria, in the amount of CA$2.4 billion. In this case, the funds have come in exchange for shares in the core company, giving Altria a great deal of influence at Cronos. Cronos already does business in North America, Latin America, Europe, Australia and Israel, so this will provide Altria with a way into global cannabis markets, as the spread of legalization expands cannabis markets around the world.

Other companies, such as GW Pharmaceuticals Plc (NASDAQ: GWPH) (OTC: GWPRF), are strongly oriented towards the use of cannabis for medical purposes. As well as selling strains of medical cannabis, GW has been carrying out research to develop medicines based on it. The company recently saw positive results from the second round of trials of an oral solution created to tackle Dravet syndrome, a severe and hard-to-manage form of epilepsy.

With more money coming in from big-value companies and new technology in development, the cannabis industry looks set for a bright year.

For more information on Lexaria Bioscience Corp., visit Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP)

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Wednesday, January 30th, 2019 Uncategorized Comments Off on $LXRP Outside Investment, New Technology Support Growing Cannabis Industry

$GGBXF Appoints Brian Logan as Chief Financial Officer

Retail industry veteran joins Green Growth Brands with over 20 years of multi-billion dollar global public company experience

COLUMBUS, OH, Jan. 29, 2019 – Green Growth Brands, Inc. (CSE: GGB) (OTCQB: GGBXF) (GGB or the Company) is pleased to announce the appointment of Brian Logan, CPA, as its new Chief Financial Officer. Mr. Logan brings nearly 20 years of global public company experience in corporate finance, international finance, and investor relations. Mr. Logan joins Green Growth Brands from Abercrombie & Fitch Co., a USD$3.5 billion specialty apparel retailer operating over 850 stores and websites in over 20 countries.

“We are pleased to welcome to our growing Green Growth Brands family,” said Peter Horvath, CEO of Green Growth Brands. “Brian is a seasoned, proven leader with extensive experience and his contributions and insights will be invaluable as we continue to build the financial infrastructure that will support our quickly growing business. Retail veterans, like Brian, continue to be a competitive differentiator for GGB.”

Mr. Logan’s most recent role at Abercrombie & Fitch Co. was Group Vice President, Finance, and during his tenure at the organization he led cost effective and efficient expansion into international markets, implemented profit improvement initiatives and was a key leader. Prior to his time at Abercrombie & Fitch Co., he was at PricewaterhouseCoopers, LLP.

“I am energized to be joining an organization with such a compelling growth strategy and the management team to execute on that vision,” said Brian Logan, CFO of Green Growth Brands. ” I am excited to help build on the momentum and help us achieve even greater results for our shareholders.”

Effective immediately, Mr. Logan will lead all financial functions and David Bhumgara, GGB’s Toronto-based head of finance, will report to him directly.

About Green Growth Brands
Green Growth brands expects to dominate the cannabis and CBD market with a portfolio of emotion-driven brands that people love. Led by Peter Horvath, the GGB team is full of retail and consumer packaged goods experts with decades of experience building successful brands. Join the movement at GreenGrowthBrands.com.

Cautionary Statements:

Certain information in this news release constitutes forward-looking statements under applicable securities law. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “intend”, “forecast” and similar expressions.   Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with general economic conditions; adverse industry events; marketing costs; loss of markets; future legislative and regulatory developments involving medical and recreational marijuana; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms; the marijuana industry in the United States, income tax and regulatory matters; the ability of the Company to implement its business strategies; competition; currency and interest rate fluctuations and other risks, including those factors described under the heading “Risks Factors” in the Company’s Annual Information Form dated November 26, 2018 which is available on the Company’s issuer profile on SEDAR.

Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. The forward-looking statements contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

This announcement does not constitute an offer, invitation or recommendation to subscribe for or purchase any securities and neither this announcement nor anything contained in it shall form the basis of any contract or commitment. In particular, this announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States, or in any other jurisdiction in which such an offer would be illegal.

The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act“), or under the securities laws of any state or other jurisdiction of the United States and may not be offered or sold, directly or indirectly, within the United States, unless the securities have been registered under the Securities Act or an exemption from the registration requirements of the Securities Act is available.

Tuesday, January 29th, 2019 Uncategorized Comments Off on $GGBXF Appoints Brian Logan as Chief Financial Officer

$TGODF Cultivation License Secured for $TGOD’s Operations in Denmark

The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD“) (TSX: TGOD) (US: TGODF) is pleased to announce that the Danish Medicines Agency, the Government body responsible for issuing cannabis related licenses, has granted an initial cannabis business authorization to TGOD’s joint venture production partner Knud Jepsen. This licence will allow TGOD’s JV partner Kund Jepsen to immediately begin importation of starting materials and to begin research and development related to the creation of elite cannabis genetics. Per the terms of the recently completed definitive agreement, Knud Jepsen will submit a request to the Danish Medicines Agency for the assignment of this licence to the TGOD-Knud Jepsen Danish joint venture, a process that is already underway and expected to be completed within the coming weeks.

The initial licence, issued under the Danish Medicines Agency’s Development Scheme, enables the importation of starting materials, the receipt, possession, cultivation and processing of cannabis, and distribution and export of analytical samples to foreign labs. After the cultivation and harvest of three confirmed and consistent crops, an additional authorization licence will be issued allowing for the sale of authorized medicinal cannabis products.

“We are incredibly pleased with the quick receipt of this license from the Danish Medicines Agency,” commented Frands Jepsen, Knud Jepsen’s CEO. “The initial licence was received promptly after the submission, and the Danish Medicines Agency provided great transparency during the process. Through 80 years of trusted operations in Denmark, we’ve built excellent relationships with all parties involved and plan to work closely with the Development Scheme.”

The Denmark based TGOD/Knud Jepsen cannabis production JV will initially consist of a 37,500 sq. ft. phase one production facility with an expected annual capacity of 2,500 kgs per year with an initial focus on supplying the Danish medical market. The purpose-built hybrid greenhouse facility will be located within Knud Jepsen’s large-scale operations in Hinnerup, Denmark, and the property includes significant room for expedited expansion on Knud Jepsen’s land as additional global markets open and demand dictates. The previously contemplated (see June 27, 2018 news release) 25,000 kg of production in Denmark will shift to various lower cost production jurisdictions throughout Europe. TGOD will have the exclusive right to all cannabis-related production from the JV through a guaranteed offtake agreement.

TGOD and Knud Jepsen have also formed a genetics-focused JV, which will consist of a 5,500 sq. ft. R&D facility for cannabis-related trials and testing to produce and house elite materials. Knud Jepsen’s laboratory will be retrofitted to begin robust R&D trials with the goal of patenting and commercializing novel discoveries. The facility will be ready to receive cannabis starting materials in the coming weeks.

“Knud Jepsen is a proven leader with a track record of excellence in genetic discoveries, R&D and large-scale cultivation,” commented Brian Athaide, Director and CEO of TGOD. “TGOD is working with Health Canada to export starting materials from Canada into Denmark and we look forward to accelerating our expansion throughout Europe.”

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

The Green Organic Dutchman Holdings Ltd. is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kgs and is building 1,382,000 sq. ft. of cultivation facilities across Ontario, Quebec, Denmark and Jamaica.

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.

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the granting or assignment of any license, statements about future business ventures, statements about future research, development and innovation by the Company, statements about the offering of any particular products by the Company in any particular territory and statements regarding the future development plans or performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Tuesday, January 29th, 2019 Uncategorized Comments Off on $TGODF Cultivation License Secured for $TGOD’s Operations in Denmark

$PFSF Partners with Prominent Brazilian Trade Association

TORONTO, Jan. 29, 2019 — via NetworkWire – Pacific Software Inc. (OTC: PFSF) (“Pacific Software” or the “Company”), an emerging technology development corporation, today announces a partnership with the Federation of the Industries of the State of Rondônia (FIERO), a leading Brazilian trade association focused on developing and promoting the regional economy. This agreement provides an opportunity to stimulate and foster international trade for the state of Rondônia through the e-commerce trade portal, BOAPIN.com, developed by Pacific Software.

The partnership provides FIERO’s 7,500+ business members access to the tools needed to achieve economies of scale and tap into opportunities and functionalities not readily available with current supply chain solutions. Features of Pacific Software’s e-commerce trade portal include multi-lingual communication, product certification, marketing, logistics, commodities search/match interface, trade finance and customs clearance, and cross-border payment solutions.

Marcelo Thomé da Silva de Almeida, chairman of FIERO, says “We are pleased to partner with Pacific Software and leverage its trade portal BOAPIN.com to promote regional business of Rondônia. Together we aim to further the reach of the great products from our region.”

The portal facilitates cross-border commodities trading for sectors highly reliant on supply chain transparency, accountability and efficiency. Its China-based social marketing program will strengthen the image of goods from the State of Rondônia by streamlining information shared between parties involved in international buying and selling.

Peter Pizzino, president of Pacific Software states, “The great State of Rondônia is a world-class producer of agricultural products, and we look forward to working with FIERO to provide its members with access to leading-edge technology and expanded revenue generating opportunities in international trade.”

About Pacific Software Inc.
Pacific Software (OTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is uniquely positioned to deliver B2B and B2C e-commerce blockchain solutions by utilizing IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) Infrastructure. Its BOAPIN.com platform will improve product traceability and will digitalize the trade process, including product certification, marketing, logistics, trade finance, cross border payment solutions and customs clearance through smart contract technology for global supply chain management.

About FIERO
The Federation of the Industries of the State of Rondônia (FIERO) was founded in 1986 and is organized as “Sistema FIERO.” FIERO is composed of 20 different organizations representing various business and industrial sectors with 7,500+ members. Its role is to promote the development, competitiveness of the sector, with investment in human capital and technological capacity, with professional training, improvement in quality of life for workers and in the various aspects of innovation.

Forward Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Pacific Software. and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the Hyperledger blockchain technology solutions will be well received or utilized. Additional examples of such risks and uncertainties include, but are not limited to (i) Pacific Software’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Pacific Software’s ability to maintain existing, and secure additional, contracts with users of its solutions; (iii) Pacific Software’s ability to successfully expand in existing markets and enter new markets; (iv) Pacific Software’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Pacific Software’s business; (viii) changes in government licensing and regulation that may adversely affect Pacific Software’s business; (ix) the risk that changes in consumer behavior could adversely affect Pacific Software’s business; (x) Pacific Software’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent quarterly report on filed by Pacific Software with the Securities and Exchange Commission. Pacific Software anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Pacific Software assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:
Pacific Software Inc.
Info@PacificSoftwareInc.com
+1 (844) 513-0056

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Tuesday, January 29th, 2019 Uncategorized Comments Off on $PFSF Partners with Prominent Brazilian Trade Association

$NETE Named One of 2018’s Top 10 Retail Payment Services Companies

MIAMI, FL, Jan. 29, 2019 — via NEWMEDIAWIRE — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), today announces it has been named one of the top 10 retail payment consulting/services companies of 2018 by Retail CIO Outlook magazine.

With so many payment service providers entering the industry, Retail CIO Outlook set out to identify the very best of the best among them in order to help organizations pick the right payment service providers/consultants to meet their needs.

In compiling its list of “Top 10 Retail Payment Consulting/Services Companies – 2018,” Retail CIO Outlook assembled a distinguished selection panel consisting of CEOs, CIOs, VCs, industry analysts and its own editorial board, which then selected 10 outstanding payment services/consulting companies that exhibit innovative capabilities and strategies. In choosing its finalists, Retail CIO Outlook’s selection panel considered each vendor’s ability to deliver solutions and services that effectively yet economically account for a productive payment service offering, also considering the factor of time-focused delivery.

“Being selected as one of Retail CIO Outlook magazine’s top 10 payment services providers is a tremendous honor,” said Andrey Krotov, chief technology officer for Net Element. “This recognition attests to our commitment to our merchants and shareholders to strive for excellence.”

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 various 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 and 2018 Technology Fast 500™. In 2017 we were recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

Forward-Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include but are not limited to (i) Net Element’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element’s ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element’s ability to successfully expand in existing markets and enter new markets; (iv) Net Element’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element’s business; (viii) changes in government licensing and regulation that may adversely affect Net Element’s business; (ix) the risk that changes in consumer behavior could adversely affect Net Element’s business; (x) Net Element’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; and (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:

Net Element, Inc.

+1 (786) 923-0502

www.NetElement.com

Media@NetElement.com

Corporate Communications Contact:

NetworkNewsWire (NNW)

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www.NetworkNewsWire.com

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Tuesday, January 29th, 2019 Uncategorized Comments Off on $NETE Named One of 2018’s Top 10 Retail Payment Services Companies

$GGBXF Analysis of Last Week’s Most Important Cannabis Stock Events

Green Growth Makes the Offer for Aphria Official

As investors, we think the official offer from Green Growth Brands (GGB) undervalues the company, no question. However, it provides a positive piece of information to investors.

If the prolific Schottenstein family is willing to make an official offer and put significant capital at risk to buy Aphria, they are signalling to the market they believe regulatory- and lawsuit-related tail risks are manageable and will not impair the ultimate value of the Aphria assets.

This is a powerful signal to send to other suitors who may be struggling with how to value Aphria’s liabilities.

Sentiment is likely shifting in Aphria’s favour, making it more likely a higher offer will eventually appear if shareholders reject the offer from GGB and Aphria’s stock languishes.

The GGB offer has also signalled to the market that Aphria will not stay independent forever at its current price.

Other cannabis players know they could never put together a similar Canadian asset package and international footprint for only $1.7 billion, Aphria’s current USD market cap.

Aphria trades at a 50% capacity discount to peers, presenting a wholly unique opportunity for a U.S. operator with expensive paper such as Acreage, Curaleaf, or Green Thumb to think two steps ahead and pick up a unique international footprint to be ready when the cannabis market goes global.

They could offer $12 per gram, presenting 25% upside for current investors then turn around and sell the Canadian capacity for $15 per gram, still a significant discount for a potential acquirer but netting the company a cool $750 million profit.

 

Plan B – Aphria Continues As Is

If at the end of the day, no offer comes along that management and shareholders believe is realistic, Aphria can still go it alone and investors will be handily rewarded.

Aphria has $173 million of cash in the bank, enough to support the company until it finishes the remaining $85 million of greenhouse construction in Canada and brings the entire 255,000 kg of annual capacity online later this year.

Starting in 2020 Aphria’s capacity should generate enough cash flow for investors to realize a juicy 10%-20% free cash flow yield.

At this point, Aphria’s stock should trade for at least C$15/share or the company becomes an extremely attractive takeout target.

Luckily, as Aphria investors we are effectively being paid to wait, with potential acquirers on the prowl and a wave of free cash flow just beyond the horizon.

Canadian LP Current Gross Margin

Marijuana Industry Gross Margin - Nov 16 2018

Source: Grizzle Estimates

Aphria’s share price has recouped nearly all its losses since the publication of the short report. However, it has languished against its large-cap peers (Canopy and Aurora) and the broad cannabis index (Horizons Marijuana ETF – HMMJ).

Continued strong operational execution is the clearest pathway for Aphria to regain relative performance versus peers.

Relative Share Performance Since Short Report (Indexed)

Source: Yahoo Finance

Offer Details

Green Growth Brands made their tender offer for Aphria official last night.

They are offering 1.574 GGB shares for each Aphria share, valuing Aphria at $8.80/sh or 7% below yesterday’s close.

Green Growth has lined up a related-party entity who agreed to backstop $150 million of a $300 million capital raise which would be contingent on Aphria shareholder approval of the deal.

This investor will be paid $7.5mm in GGB shares for providing the backstop, or 1.25 million fully diluted GGB shares giving them 12.5% of the voting rights at GGB.

Monday, January 28th, 2019 Uncategorized Comments Off on $GGBXF Analysis of Last Week’s Most Important Cannabis Stock Events

$NUGS Seeks OTCQB Venture Market Uplisting as Part of Growth Strategy

  • The company is on target to meet the more stringent reporting standards and compliance requirements for a successful uplisting
  • Niche acquisitions and a vertically-integrated strategy will further enable the company’s sustainable market growth in the years to come
  • Cannabis Strategic Ventures aims to create and control specific cannabis industry niches through focused brand development and acquisitions of hard assets for growth, distribution and manufacturing

Los Angeles-based cannabis industry incubator Cannabis Strategic Ventures Inc. (OTC: NUGS) recently submitted its application to uplist to the OTCQB Venture Market, a move that supports the company’s broader, acquisition-based growth strategy. According to a press release, OTCQB uplisting requires compliance with more rigorous criteria, transparent financial reporting and completion of an extensive certification and verification process (http://nnw.fm/9OLgB).

Following the proposed uplisting, the company will need to maintain a minimum share price and provide investors with increased transparency, which could result in greater liquidity and…

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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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Monday, January 28th, 2019 Uncategorized Comments Off on $NUGS Seeks OTCQB Venture Market Uplisting as Part of Growth Strategy

$TGODF $TGOD Comments on Greek Ministry of Agriculture Press Release and Media Coverage

TORONTO, Jan. 28, 2019 – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) would like to comment on the Greek Ministry of Agriculture‘s press release and CNN‘s (Greece) coverage dated January 25, 2019, related to the Company’s proposed Greece operations.

The press release contemplates a significant investment in the development of the pharmaceutical hemp and cannabis sector within Greece and highlights an up to $74 million-euro investment, 34-acre property in Thebes, and a multi-phased large-scale state-of-the-art cannabis cultivation facility.

The Company confirms it has been in communication with various Greek Ministries, including the Ministry of Rural Development and Food, since early 2018; and is awaiting a license for the production of medicinal cannabis. The Company and the Greek Government have had advanced discussions as to the nature of the proposed plans. The Government appreciates TGOD’s organic product and process and values its commitment to sustainability.

Further to TGOD’s press release dated January 25, 2019, regarding a shift in planned production from Denmark to other lower cost jurisdictions throughout Europe; Greece, with favourable labour rates and ideal climatic conditions for the cultivation of cannabis, provides an optimal environment to produce high-quality, low-cost, large-scale organic cannabis. The Country’s central European location allows export to other European countries with dramatically reduced shipping costs.

While the Company cannot comment on the specifics of its application, it confirms plans to construct and commission a multi-phased facility, subject to Licensing from The Greek Government.

Further information will be provided upon official Licensing.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

The Green Organic Dutchman Holdings Ltd. is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000kgs and is building 1,382,000 sq. ft. of cultivation facilities across Ontario, Quebec, Denmark and Jamaica.

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.

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the granting of licenses or the potential outcome of any applications for licenses, statements about future research, development, and innovation by the Company, statements about future facility construction and investments, statements about the offering of any particular products by the Company in any jurisdiction and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Monday, January 28th, 2019 Uncategorized Comments Off on $TGODF $TGOD Comments on Greek Ministry of Agriculture Press Release and Media Coverage

$RIV $RIV.V 420 with CNW – Massachusetts Cannabis Sales Nearly $24M First Two Months

Massachusetts started retail sales of recreational marijuana on November 20 and nearly $24 million worth of cannabis has so far been sold in just two months, according to statistics released by the state.

The data released by the Cannabis Control Commission shows that cannabis products worth $23.8 million were sold by licensed dispensaries in the maiden two months since retail sales started.

The statistics also show that retail sales have been booming since the first day of legal recreational cannabis sales. For example, the two dispensaries that opened on the first day of legal sales made about $2 million in retail sales during the first five days when they were open.

Each retail sale attracts a 20 percent tax with 3 percent of that tax going to the local authorities while 17 percent goes to the state. You can therefore calculate how much tax Massachusetts earned from the sales made during the first two months after legal sales started.

It is also worth noting that Massachusetts is the first state on the East Coast to permit recreational marijuana. The population there has responded overwhelmingly to this new development.

For example, Cultivate, one of the first dispensaries to open in Leicester, attracted such large numbers that the city held an emergency meeting to discuss how to control traffic in the area. About 1,000 customers have been visiting the retail outlet each day.

Cannabis is such a hit in the area that people flag down each other to ask for directions and everyone knows where to buy marijuana.

Does this large number of customers affect customer service at the retail outlets? Not at all, if the reports from clients are anything to go by. Many reported that everyone was served properly and it was easy to make a purchase.

One Leicester resident even said that he flagged down a cop to ask for directions and found it pleasantly weird to ask a cop for directions to where pot could be bought!

The statistics of the people who are visiting the current dispensaries each day point to the possibility that not enough retail outlets have been licensed in the state, or not all that have been licensed have opened for business. Nevertheless, business is being conducted smoothly, which is a totally different story from what is happening in Canada. ChineseInvestors.com (OTCQB: CIIX), Canopy Rivers Inc. (TSX.V: RIV) and everyone in the cannabis industry hopes that the Canadian supply issues will soon end so that customers there can enjoy what those in Massachusetts are enjoying.

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.

To receive instant SMS alerts, text CANNABIS to 21000

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

CannabisNewsWire (CNW)
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303.498.7722 Office
Editor@CannabisNewsWire.net

Monday, January 28th, 2019 Uncategorized Comments Off on $RIV $RIV.V 420 with CNW – Massachusetts Cannabis Sales Nearly $24M First Two Months

$PLUS $PLPRF Recognized as a Leader in a Budding Marijuana Sector

Plus Products (CSE: PLUS) has made a name for itself in California as the state’s leading cannabis-infused edibles brand. An article discussing the company reads, “Cannabis-infused food and drink has been a growing sector of the marijuana industry, particularly in California, as legalization legislation has moved slowly through both the country and the world. In 2017, consumers in the Golden State purchased $180 million worth of cannabis-infused food and drink (10 percent of the state’s total marijuana sales). That percentage grew to 18 percent in February 2018, and with the increasing quality and innovation seen with baked good edibles, that figure is likely to rise in 2019.”

To view the full article, visit: http://nnw.fm/cdQ5q

About Plus Products Inc.

PLUS is a leading branded products manufacturer based in California. Its products consist of cannabis-infused edibles, which it sells to both the regulated medicinal and adult-use recreational markets. PLUS is currently one of the fastest-growing edible brands in California with several top-selling products. The company’s mission is to make cannabis safe and approachable — that starts with manufacturing high-quality products delivering consistent experiences. For more information, visit the company’s website at www.PlusProducts.com.

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.

To receive instant SMS alerts, text STOCKS to 77948

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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212.418.1217 Office
Editor@NetworkNewsWire.com

Monday, January 28th, 2019 Uncategorized Comments Off on $PLUS $PLPRF Recognized as a Leader in a Budding Marijuana Sector

$VVCIF 420 with CNW – Missouri Prosecutors Change Stance on Marijuana Cases

It is still illegal to consume recreational marijuana in Missouri, but prosecutors in several urban areas there have decided to stop going after people found in possession of small amounts of cannabis.

The prosecutors in Jackson County, St. Louis and St. Louis County have all announced that their efforts will be directed elsewhere rather than on small-time marijuana cases.

The change in these urban areas isn’t unique to Missouri. Brooklyn, Manhattan, Albany and Virginia are other examples of urban authorities where similar policies are being implemented.

Wesley Bell, the new prosecuting attorney of St. Louis County, is the latest urban authority law enforcement official to announce that low-level marijuana cases will no longer take any law enforcement resources.

However, individuals who are suspected to be distributing or selling marijuana will still be prosecuted as well as those who drive under the influence of the substance.

Marijuana law reform advocates welcomed this announcement and expect many other urban authorities to take similar action since there is growing pressure to end prohibition and adopt legalization and regulation of marijuana.

At one time, cannabis was seen as a stepping stone (“gate-way” drug) to harder drugs like heroin and cocaine. However, the medicinal use of marijuana has led to wider acceptance of the substance and nearly three dozen states have legalized its medical use. Missouri voters did the same during the recent midterms.

The decision taken by the prosecutors in the urban areas of Missouri have nevertheless attracted some criticism. For example, some lawmakers are saying that it isn’t up to the prosecutors to decide which laws they will implement and which ones they will not implement. They added that it is the work of the legislature to make laws while the judiciary interprets them and law enforcement simply implements those laws.

The action of the prosecutors is therefore a subversion of democracy, the critics concluded.

In response, Wesley Bell said that his biggest priority is to keep families safe, and small-time marijuana possession isn’t the biggest threat to families. Violent crime and other serious forms of crime pose a bigger threat to public safety, so scarce resources should be directed there.

Bell gave an example that a minor marijuana possession case can take approximately 60 hours of an assistant prosecutor’s time. Is that a good way to utilize the limited law enforcement personnel, he wondered.

Since prosecutors are in the business of tackling crime, who is to argue against them regarding how much attention low-level marijuana possession should be accorded? The cannabis industry, including VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) and TransCanna Holdings Inc. (CSE: TCAN), welcomes every small step that is taken to end the pariah status that has been unfairly slapped on cannabis for decades.

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.

To receive instant SMS alerts, text CANNABIS to 21000

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

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

Friday, January 25th, 2019 Uncategorized Comments Off on $VVCIF 420 with CNW – Missouri Prosecutors Change Stance on Marijuana Cases

$TGODF Completes Knud Jepsen Definitive Agreement

TORONTO, Jan. 25, 2019 – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce, further to its news release on June 27, 2018, it has entered into a definitive Agreement (the “Definitive Agreement“) with Queen Genetics/Knud Jepsen A/S (“Knud Jepsen“) to establish two 50/50 joint ventures; the first for the purpose of producing commercial cannabis and cannabis oils (the “Production JV“) and the second for developing and patenting innovative and commercially valuable elite cannabis genetics (the “Genetics JV“). The parties will form both joint ventures in Denmark with a goal to expand the Production JV into future low-cost European jurisdictions.

The Definitive Agreement outlines TGOD and Knud Jepsen’s launch of a premium organic European bulk cannabinoid production platform where TGOD will have the exclusive right to all cannabis-related production from the JV, through a guaranteed offtake agreement at a pre-determined price relative to the production cost of the JV. Further, the Production JV will have exclusive access to all intellectual property including elite cannabis genetics developed within the Genetics JV. Knud Jepsen will be responsible for the day-to-day operations of the JV and TGOD will leverage Knud Jepsen’s years of horticulture experience and science and R&D division to accelerate commercial operations in Denmark and throughout Europe.

TGOD’s differentiated approach to organic cannabinoid production combined with Knud Jepsen’s large-scale commercial horticultural and globally integrated seed-to-sale operations will accelerate TGOD’s global initiatives. The European bulk cannabinoid production platform paired with the Genetics JV will generate value-added formulations and products for established European and international sales and distribution channels.

The first phase of the JV will consist of a Hinnerup, Denmark based 2,500 kg pilot program with the previously contemplated (See June 27, 2018 news release) 25,000 kgs of production in Denmark, shifting to various lower cost production jurisdictions throughout Europe.

“This JV is incredibly important to furthering TGOD’s presence in Europe,” commented Brian Athaide, Director and CEO of TGOD. “Knud Jepsen is a remarkable partner, having over 80 years of experience in R&D and cultivating plants in millions of square feet. As we roll out multiple phases of our JV and plan to increase the partnership to multiple countries across Europe, leveraging Knud Jepsen’s expertise as operators, and our expertise in cannabis will be critical to TGOD’s expansion throughout the continent. The partnership will allow TGOD to focus on building global sales and distribution channels, developing proprietary and patentable IP, and furthering brand equity,” continued Athaide.

Founded in 1939, Knud Jepsen has 80 years of experience in all areas of horticulture ranging from genetics and breeding to international partnerships and developing global distribution networks. Knud Jepsen is the world’s largest Kalanchoes breeder and producer distributing and selling more than 35 million finished plants in Europe and 90 million cuttings to over 75 countries each year. Over 520 people are employed or engaged by Knud Jepsen globally. In addition to Denmark, Knud Jepsen operates an 880,000 sq. ft. flower and young plant production facility in Turkey, and a 700,000 sq. ft. facility in Vietnam specializing in producing cuttings belonging to the Queen® Genetic assortment.

“We are thrilled to partner with TGOD and officially enter the cannabis market with the signing of this definitive agreement,” commented Frands Jepsen, Knud Jepsen’s CEO. “2,500 kgs in Denmark is just the beginning, we will shift the proposed 25,000 kgs to strategic European locations with low-cost production and expect to far exceed that capacity as we onboard additional production sites. We will leverage our global business, dedicated staff, and 80 years of operating and R&D experience to become, with TGOD, the largest European producer of organic cannabis.”

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kgs and is building 1,382,000 sq. ft. of cultivation facilities across Ontario, Quebec, Denmark, and Jamaica.

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 on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the future legalization of cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about future facility construction, statements about the offering of any particular products by the Company in any jurisdiction and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Friday, January 25th, 2019 Uncategorized Comments Off on $TGODF Completes Knud Jepsen Definitive Agreement

$PFSF Prepares to Advance China-Brazil Trade through BOAPIN Launch

  • Pacific Software is a development technology innovator focused on facilitating greater trade between China and Latin America
  • The company is preparing to take import industry subscribers for its new BOAPIN blockchain-based trade solution
  • The company’s virtual technological Silk Road will initially link China and Brazil import/exports, with eye on expansion through Latin America
  • BOAPIN is designed for trade transparency to facilitate solutions across international borders

Emerging business development technology innovator Pacific Software Inc. (OTC: PFSF) announced earlier this month that its anticipated e-commerce platform for international transactions, known as BOAPIN, will soon begin to register new buyers and sellers as it builds a virtual Silk Road for trade between China and South America.

“As global economies explore strategies to improve cross-border data infrastructure, Pacific Software is creating smart contract technology that integrates important functionalities for seamless global supply chain management,” Pacific Software CEO and Chairman Harrysen Mittler stated in the January 3 news release (http://nnw.fm/1IQqz).

Pacific Software’s mission is to enable global trade expansion by creating a technological portal that crosses borders and allows buyers and sellers to work seamlessly and transparently without being stymied by barriers of language, distance or regulations. BOAPIN is designed to improve how product movement through the supply chain is traced so its subscribers can manage quality and certification issues. The smart contract technology also provides solutions that facilitate data collection and analysis, marketing, searches for specific commodities, payments across borders and customs clearance.

The company is focused on building its virtual Silk Road between China and Brazil, the largest countries on their respective continents but half a world away from each other geographically. China is an increasingly international player (http://nnw.fm/T7nBT), as evidenced by its recent efforts to practically corner the market on critical components in the lithium-ion batteries that power the majority of the world’s computer products.

A heightened trading partnership between Brazil and China through a proprietary Pacific Software platform at a time when the United States is questioning its dominant trade relationship with China could strengthen Brazil’s already $40 billion yearly pipeline (http://nnw.fm/gyZ63). Once it is in place, Pacific Software could use it as a springboard for lengthening the virtual Silk Road to other areas of South America.

Pacific Software co-sponsored the Latin America Night event at the 124th session of the Canton Fair PDC (Product Development Council) Design Show in Guangzhou, China, in November to foster potential networking relationships between government officials and businesses (http://nnw.fm/VEk6r). The company also represented itself at the China International Import Expo in Shanghai.

The technological wizardry of BOAPIN is due to the contributions of IBM’s Hyperledger Blockchain Backend as a Service (BaaS) infrastructure. The platform tracks, records and stores digital product information by integrating blockchain components, and it is accessible via a variety of channels linked into the Internet of Things.

“Reassurance regarding the provenance, safety and quality of products delivered may save exporters significant time and resources in the event a product becomes subject to recall,” the company stated in a news release issued on November 29 (http://nnw.fm/y5zNE). Through the use of the company’s blockchain-based solution, “an error free, tamper proof record covering the entire supply chain may be provided which could pinpoint the precise origin of any contamination, thereby enabling a narrow, focused and efficient recall of the affected products.”

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

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.

To receive instant SMS alerts, text STOCKS to 77948

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

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NetworkNewsWire (NNW)
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212.418.1217 Office
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Friday, January 25th, 2019 Uncategorized Comments Off on $PFSF Prepares to Advance China-Brazil Trade through BOAPIN Launch

$NUGS Assembles Experienced Team as Preparations for OTCQB Uplisting Intensify

  • Board strengthened through appointment of independent directors
  • Additional talent rounds up management team as preparations for planned uplisting escalate
  • Pursuit of over 20 cannabis licenses from California Bureau of Cannabis Control continues
  • NUGS plans to develop 250,000 square feet of cultivation space

Cannabis Strategic Ventures Inc. (OTC: NUGS) recently added a number of cannabis industry insiders to its executive team and board of directors. In October 2018, the company announced the appointment of Alan Tran to its board of directors. Tran brings strong financial and strategic skills to Cannabis Strategic Ventures, having led several successful management, consulting and financial teams, not only within the cannabis, health care and technology market sectors, but also within leading Fortune 500 companies. More recently, NUGS has declared its intention to add two independent directors to the board. This is a precursor to its planned uplisting to the OTCQB Venture Market. The company also intends to add additional brands and assets to its portfolio.

“The following board of director and team appointments reflect the growth we’ve experienced as a company and our commitment to positioning Cannabis Strategic Ventures as a leader in the cannabis industry,” Simon Yu, CEO of Cannabis Strategic Ventures, noted in a news release. “As we begin the uplisting process and take advantage of increasingly favorable cannabis legislation worldwide, having a leading team in place will allow us to quickly scale and address industry demands.”

The board of directors was strengthened through the appointments of Tad Mailander and Jesus Quintero (http://nnw.fm/Jem2f). Mailander, who is currently a director of American Cannabis Company, is an attorney with experience in handling SEC-related matters. Jesus Quintero is presently CFO of MassRoots, a leading technology platform for the cannabis industry. Quintero previously served as CFO of Brazil Interactive Media. He has a wealth of experience in public company reporting. Accounting scandals in the 2000s have caused Congress and a variety of regulatory bodies to strengthen governance requirements – including the appointment of independent directors – for public companies.

NUGS’ executive suite will also see two new faces. The company has named Chris Young as its chief strategy officer. Young, who is currently a board member, is an accomplished entertainment lawyer, fashion entrepreneur and venture capital investor. Arlene Guzman will become vice president of communications and operations. Guzman previously worked at Vantage Point Capital Partners, a firm with more than $4.5 billion in capital under management. She brings over 15 years’ experience as a communications and operations professional in the venture capital and government spaces.

Cannabis Strategic Ventures expects its planned uplisting to provide readier access to capital, as well as increasing the market and liquidity of the company’s securities. Recently, the company finalized the audit of its fiscal year ended March 31, 2018, marking the last of three audits required by the U.S. Securities & Exchange Commission (SEC) as a condition of becoming a fully reporting company.

The company has been executing a number of initiatives over the past few months. Earlier in December, it announced its pursuit of over 20 cannabis licenses from the California Bureau of Cannabis Control, which it expects will lead to the development of a substantial cannabis growth operation of approximately 250,000 square feet of turnkey greenhouse space. NUGS will commence cultivating as soon as licenses are issued (http://nnw.fm/XZd1t).

In November, details of a deal with Biolog Inc. were announced. NUGS and Biolog, a portfolio client, will embark on a program to develop water-soluble cannabis technologies for use in cannabis- and phytocannabinoid-rich infused foods, beverages and consumer products.

In July, NUGS signed an agreement with Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), under which a Sunniva subsidiary, CP Logistics, LLC (“CPL”), will provide cannabis concentrate extraction services to Pure Applied Sciences, Inc. (“PAS”), a wholly-owned subsidiary of Cannabis Strategic Ventures. 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 – a brand that was recently acquired by Cannabis Strategic Ventures. The agreement is for a 12-month term and may be renewed for an additional 12 months at the request of PAS at the expiry of the initial term (http://nnw.fm/8vWOA).

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

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.

To receive instant SMS alerts, text STOCKS to 77948

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
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Friday, January 25th, 2019 Uncategorized Comments Off on $NUGS Assembles Experienced Team as Preparations for OTCQB Uplisting Intensify

$PBIO Record Number of Scientific Papers Citing PCT Platform Benefits

Over 20 Journal Articles Describe the Advantages of the PCT Platform in Multiple Areas of Research, Including Cancer, Biomarker Discovery, and Food Safety

SOUTH EASTON, MA / January 24, 2019 / 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 technology solutions to the life sciences and other industries, today announced that more than 20 scientific papers citing the advantages of the Company’s pressure cycling technology (“PCT”) platform were published by independent researchers worldwide in 2018. The publications, authored by scientists from academia, government, and industry, described a wide range of enabling applications for PBI’s patented PCT Platform in cancer research, biomarker discovery, and food safety, as well as in proteomic and molecular biology studies.

In 2018, a record number of scientific papers highlighting the advantages of PCT over competitive methods were published, authored by researchers in North America, Europe, and Asia. Importantly, a number of these papers were written by scientists considered by many in the life sciences as Key Opinion Leaders (“KOLs”) in their field. High quality papers authored by independent scientists – especially KOLs – and published in well-known, respected journals are an integral part of PBI’s marketing strategy.

Roxana McCloskey, PBI’s Global Director of Sales & Marketing, commented: “We know that scientists have a strong tendency to rely heavily on data and opinions from colleagues and other experts in their field. We therefore enhanced our marketing efforts during the second half of 2018 with a concerted effort to forward this large number of scientific publications to our base of existing and potential customers.We were pleased to see this effort result in increased interest and sales of our Barocycler instruments in 2018, which we believe will continue into 2019 as well.”

The 2018 publications were primarily in the following key areas.

Cancer Research

Six publications in cancer research reported the use of the PCT Platform to rapidly breakup tissue samples and release molecules for analysis. PCT’s ability to help reveal thousands of proteins from small diagnostic samples, such as cancer tissue biopsies extracted with tiny needles, could result in better understanding of patients’ cancers, disease progression, response to therapy, and treatment options. One paper proposed that the PCT Platform could be part of a method that has the potential to accelerate and strengthen protein analysis, improve cancer characterization, and provide clinically relevant information for diagnosis and treatment guidance in a timely manner.

Biomarker Discovery

In addition to cancer biomarker discovery, two papers reported the use of the PCT Platform in studies of biomarkers for cornea, lung and heart disease. Discovery of new biomarkers for early diagnosis, progression, and underlying pathway dysfunction is vital to help improve clinical outcomes. In addition, it was suggested that such biomarkers could serve as possible drug targets.

Food Safety

Four publications described the use PBI’s ultra-high pressure platforms to determine conditions forkilling certain bacteria in foods. Recent enhancements in the commercial feasibility of high-pressure processing (HPP) have been pivotal in the development of new methods for ensuring food safety, while preserving important sensory experience and quality factors. We believe that much of the data generated with PBI’s high pressure-based instruments will assist food safety researchers worldwide as they consider the use of pressure-based interventions for their microbiological studies.

Protein and Molecular Biology Studies

Several papers reported the use of PCT Platform for proteomic research. The proteome consists of all the proteins made or modified by an organism. Studies of proteins, using PBI’s high pressure systems, included protein structure, drug delivery, and diseasestates. The remaining papers covered a range of research including metabolomics, analytical biochemistry, and environmental biology. The papers published in 2018 show the value of PBI’s Platform as a general tool for basic research as well as a system for applied studies.

Richard T. Schumacher, President and CEO of PBI, said: “We are very pleased at both the number and wide range of the publications demonstrating the use of our PCT Platform. It is estimated that by 2022, the combined projected market sizes for cancer research, biomarker discovery, and proteomics and molecular biology could be in excess of $250 Billion, with the cancer biomarkers market alone projected to reach $150 Billion. High pressure processing of food is currently estimated to be a multi-billion dollar market. We believe that the credibility gained through scientific papers such as the more than 20 that were published in 2018, and the supportive data and new applications that the authors developed and presented in their publications, will enable PBI to better address these very large and growing markets.”

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 high pressure-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, food science, soil & plant biology, forensics, and counter-bioterror applications. Additionally, PBIO is actively expanding the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired technology from BaroFold, Inc. (the “Barofold” technology) to allow entry into the biologics manufacturing and 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)
Bradford A. Young, Ph.D., MBA, Sr. VP & Chief Commercial Officer (508) 230-1829 (F)

Thursday, January 24th, 2019 Uncategorized Comments Off on $PBIO Record Number of Scientific Papers Citing PCT Platform Benefits

$YGYI Primed for Growth in CBD, CannabisNewsAudio Announces Audio Press Release

NEW YORK, Jan. 24, 2019 — via CannabisNewsWire — CannabisNewsAudio announces the Audio Press Release (APR) titled “Direct Selling Companies Prove Attractive for CBD Market, Drawing Large Non-Endemic Cannabis Industry Partners,” featuring Youngevity International, Inc. (NASDAQ: YGYI).

To hear the CannabisNewsAudio version, visit: http://cnw.fm/vjTk7

To read the full editorial, visit: http://cnw.fm/G5spf

Youngevity and Icelandic plan to develop and sell CBD-infused dietary supplements, children’s drinks, pet products, and coffee products via Youngevity’s direct selling platform. This move seems to validate not only the viability of the direct selling model in selling CBD products but also the potential windfall businesses already established in other lifestyle industries may experience by integrating into the CBD sector.

Youngevity could be an ideal example of just such a company. The direct selling expert has already established a sterling presence in the coffee industry through its wholly-owned subsidiary CLR Roasters, a proven farm-to-cup pipeline that can be quickly and easily adapted for hemp cultivation. Its holdings in other markets ripe for CBD inclusion such as the beauty and wellness industries, Youngevity may be best positioned to harness the incredible growth in the CBD market, particularly via large-scale corporate partnerships and mergers.

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 CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.

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

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.

CNW Corporate Communications Contact:

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

Thursday, January 24th, 2019 Uncategorized Comments Off on $YGYI Primed for Growth in CBD, CannabisNewsAudio Announces Audio Press Release

$TGODF Receipt of Final Order and Distribution Record Date

The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD“) (TSX:TGOD) (US:TGODF) and its wholly-owned subsidiary, TGOD Acquisition Corporation (“SpinCo“), are pleased to announce that TGOD has received a final order from the Ontario Superior Court of Justice (Commercial List) (the “Court“) approving the previously announced plan of arrangement (the “Arrangement“) under the terms and conditions of an arrangement agreement, dated October 25, 2018, between TGOD and SpinCo, as amended (the “Arrangement Agreement“) whereby TGOD will distribute to TGOD shareholders (the “Distribution“) unit purchase warrants of SpinCo (the “SpinCo Unit Warrants“). The board of directors of TGOD has established January 31, 2019 as the record date for the Distribution (the “Distribution Record Date“).

The Distribution

Pursuant to the Arrangement, each TGOD shareholder of record as of the Distribution Record Date who, in accordance with the election process discussed below, confirms that such shareholder is not a U.S. Shareholder (as defined below) and elects to receive SpinCo Unit Warrants will receive 0.15 of one SpinCo Unit Warrant for each TGOD share held. Each SpinCo Unit Warrant will entitle the holder to purchase one unit of SpinCo (a “SpinCo Unit“) upon (i) the holder tendering the exercise price of $0.50 per SpinCo Unit to SpinCo within 30 days following the effective date of the Arrangement (the “Effective Date“) and (ii) SpinCo obtaining a receipt for a final prospectus qualifying the distribution of the SpinCo Units within 60 days following the Effective Date, failing which the holder will be entitled to a return of the exercise price tendered for such SpinCo Units, all in accordance with the terms and conditions of a warrant indenture to be entered into by TGOD and SpinCo. Each SpinCo Unit will consist of one common share of SpinCo (“SpinCo Share“) and one-half of one SpinCo Share purchase warrant (a “SpinCo Warrant“). Each SpinCo Warrant is exercisable into one SpinCo Share (a “SpinCo Warrant Share“) at an exercise price of $1.25 per SpinCo Warrant Share for a period of 24 months from the date the SpinCo Shares commence trading on a recognized stock exchange (the “Listing Date“), subject to certain acceleration provisions, including, without limitation, in the event SpinCo announces a subsequent financing at a price per security equal to or greater than $1.25. The SpinCo Shares comprising part of the SpinCo Units will be subject to a contractual escrow period commencing on the Effective Date and ending six months after the Listing Date. The SpinCo Warrants and SpinCo Shares issuable upon the exercise of the SpinCo Warrants will be subject to a contractual escrow period commencing on the Effective Date and ending twelve months after the Listing Date. No exchange of share certificates or DRS statements representing existing TGOD shares will be required under the Arrangement.

In connection with the Arrangement and to ensure compliance with TSX requirements, outstanding SpinCo Shares currently owned by TGOD will be transferred to an arm’s length transferee effective 3 business days prior to the Distribution Record Date. Such SpinCo Shares will be treated in accordance with the Arrangement whereby they will be cancelled immediately upon the issuance of any SpinCo Shares comprising the SpinCo Units.

Approval of the Arrangement

The resolution to approve the Arrangement was presented to TGOD shareholders at TGOD’s annual general and special meeting held on December 6, 2018 (the “Meeting“) pursuant to an interim order issued by the Court on November 5, 2018. A management information circular of TGOD providing full details of the Arrangement (the “Circular“) was mailed to TGOD shareholders of record as of the meeting record date of November 6, 2018. At the Meeting, TGOD shareholders overwhelmingly approved the Arrangement. On January 14, 2019, TGOD and SpinCo entered into an amending agreement (the “Amending Agreement“), amending, among other things, the Arrangement Agreement and the Arrangement as more particularly detailed in the Amending Agreement. On January 16, 2019, the Court issued a final order approving the Arrangement, as amended by the Amending Agreement. A copy of the Circular and related meeting materials, the Arrangement Agreement and the Amending Agreement is available under TGOD’s profile on SEDAR at www.sedar.com.

U.S. Securities and Tax Matters

The SpinCo Unit Warrants to be distributed pursuant to the Distribution will not be registered under the laws of any foreign jurisdiction, including the United States Securities Act of 1933, as amended (the “U.S. Securities Act“). Consequently, no SpinCo Unit Warrants will be delivered to any registered or beneficial holder of TGOD shares who is, or who appears to TGOD or Computershare Trust Company of Canada, as custodian (the “Custodian“) to be, an individual or entity that qualifies as a U.S. Person under applicable U.S. securities laws (collectively, “U.S. Shareholders“). Such SpinCo Unit Warrants will be delivered by TGOD to the Custodian for sale by the Custodian on behalf of all U.S. Shareholders and U.S. Shareholders will receive from the Custodian their pro rata share of the cash proceeds from the sale of such SpinCo Unit Warrants, less any commissions, expenses and any applicable withholding taxes.

The SpinCo Unit Warrants may not be “qualified investments” under the Income Tax Act (Canada) (the “Tax Act“) for RRSPs, TFSAs or other registered plans as at the time of issuance, and the Distribution could therefore subject the relevant plan and/or its annuitant or holder to penalties and adverse tax results. These tax results are not addressed in any detail in the Circular, and no representation is made in this regard. TGOD shareholders who hold TGOD shares within an RRSP, TFSA or other registered plan should consult with their own tax advisors promptly in this regard and with respect to all relevant treatment under the Tax Act before choosing to elect to receive SpinCo Unit Warrants in accordance with the election process referenced below.

Election

Each registered TGOD shareholder of record on the Distribution Record Date will be mailed an election form (the “Election Form“) pursuant to which each registered TGOD shareholder, in order to receive SpinCo Unit Warrants, is required by February 22, 2019 (the “Election Deadline“) to (i) confirm that such TGOD shareholder is not a U.S. Shareholder and (ii) elect to receive SpinCo Unit Warrants. A copy of the Election Form will be filed under TGOD’s SEDAR profile at www.sedar.com on the Distribution Record Date. Beneficial shareholders (i.e. shareholders who hold their TGOD shares through a broker or other intermediary) should contact their broker or intermediary in respect of the election process.  Beneficial shareholders should carefully follow the instructions of their broker or intermediary in order to ensure that an election is made in respect of the SpinCo Unit Warrants such shareholder is entitled to receive under the Arrangement. Each TGOD shareholder who, in the case of a registered shareholder, through a validly completed, duly executed and retuned election form by the Election Deadline, and, in the case of a beneficial shareholder, through such shareholder’s broker or other intermediary, confirms that such TGOD shareholder is not a U.S. Shareholder and elects to receive SpinCo Unit Warrants (each, an “Electing Shareholder“) will receive, following the Effective Date, 0.15 SpinCo Unit Warrants for each TGOD Share held.

Under the Arrangement, no SpinCo Unit Warrants will be distributed to TGOD shareholders who fail to elect to receive SpinCo Unit Warrants in accordance with the election process set out above. All such SpinCo Unit Warrants not distributed as a result of a TGOD shareholder not being an Electing Shareholder will be dealt with as determined by the board of directors of TGOD in its absolute discretion.

Further Information

To learn more about the foregoing including the Arrangement, the Distribution and the election process, please visit the Frequently Asked Questions section here, or contact the investor relations team at: invest@tgod.ca or (416) 900-7621.

ABOUT TGOD ACQUISITION CORPORATION

SpinCo is an investment company guided by an investment policy primarily focused on investments in the cannabis industry in Canada and internationally. SpinCo’s investments may include the acquisition of equity, debt or other securities of publicly traded or private companies or other entities, financing in exchange for pre-determined royalties or distributions and the acquisition of all or part of one or more businesses, portfolios or other assets, in each case as SpinCo believes will enhance value for the shareholders of SpinCo in the long term. SpinCo’s board of directors and management team have considerable financial, mergers and acquisitions and cannabis industry experience and will consist of David Doherty, Chief Executive Officer and Director who has transitioned from TGOD, Nick Demare, Chief Financial Officer, and Jeff Scott, Director.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

The Green Organic Dutchman Holdings Ltd. is a publicly traded, premium global organic cannabis company, with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000kgs and is building 1,382,000 sq. ft. of cultivation facilities across Ontario, Quebec and Jamaica.

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.

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements regarding the Distribution and the Effective Date, statements about future research, development and innovation by the Company, statements about the future legalization of cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about future facility construction, statements about the offering of any particular products by the Company in any jurisdiction and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Thursday, January 24th, 2019 Uncategorized Comments Off on $TGODF Receipt of Final Order and Distribution Record Date

$YGYI Opportunities Abound in Hemp-Derived CBD Market

NEW YORK, Jan. 23, 2019 — via CannabisNewsWire – CannabisNewsWire (“CNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Youngevity International, Inc. (NASDAQ: YGYI), a client of CNW offering a hybrid of the direct selling business model that combines e-commerce and the power of social selling.

To view the full publication, titled “Direct Selling Companies Prove Attractive for CBD Market, Drawing Large Non-Endemic Cannabis Industry Partners,” visit: http://cnw.fm/G5spf

Within that market, the hemp-derived CBD segment will likely grow at an even faster rate, with that growth buoyed by the fact that it doesn’t have to pass any state legalization hurdles across the United States. Brightfield Group expects the hemp-CBD industry’s growth to outpace the rest of the cannabis industry combined, and Hemp Business Journal estimates the hemp market to grow around 700 percent by 2020. With the meteoric growth predicted, companies such as Youngevity International Inc. (NASDAQ: YGYI), which already have established direct-selling channels that can nimbly adapt and upscale marketing, production, and delivery, could see a boon in business.

Studies by Direct Selling News show that direct selling companies already lead the global market in sales of CBD products with more than $300 million in annual sales. Therefore, the interest of larger, non-endemic companies in the direct selling model of brands such as Youngevity only makes sense and may signal that, as the cannabis market continues its stratospheric growth, so too will the direct selling sector within the industry.

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 CannabisNewsWire (CNW)

CannabisNewsWire (“CNW”) is a specialized information service that (1) aggregates cannabis news, (2) provides CannabisNewsBreaks that quickly updates investors in the space, (3) enhances corporate press releases, (4) helps companies with distribution and optimization of social media, and (5) delivers comprehensive corporate communication solutions. CNW is uniquely positioned in the cannabis market with a strong team of journalists and writers who can help private and public companies reach a wide audience of investors, consumers, journalists and the general public through our ever-growing dissemination network of more than 5,000 key syndication outlets. CNW is bringing unparalleled visibility, recognition and content to the cannabis industry.
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

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.

CNW Corporate Communications Contact:
CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.net

Wednesday, January 23rd, 2019 Uncategorized Comments Off on $YGYI Opportunities Abound in Hemp-Derived CBD Market

$NUGS Companies Focus On Identifying Additional Cannabis Uses To Expand Market Revenues

Palm Beach, FL – (January 23, 2019) – Most people if asked could identify the two biggest revenue streams to come from the legal marijuana/cannabis industries: a) recreational; and b) medical marijuana/CBD Infused wellness products.   ZDNET addressed both aspects. The first: ”… marijuana is one of the most exciting growth industries in the US as it becomes legal in some states, attracts investment, and becomes a vertical that can utilize multiple technologies ranging from the internet of things to cloud to analytics.”  And the second: “In a majority of US states, medical marijuana programs serve as a natural alternative to traditional pharmaceuticals for treating numerous conditions, like neurological and psychiatric disorders, pain control, and cancer. And marijuana has the potential to be the next big legal recreational substance after tobacco, alcohol, and caffeine. Canada has been among the countries leading the way to develop the marijuana industry.”    Active Companies from around the market with current developments this week include:  Sugarmade, Inc. (OTC:SGMD), Cannabis Strategic Ventures (OTC:NUGS), Aphria Inc. (NYSE:APHA) (TSX:APHA), GrowGeneration Corp. (OTC:GRWG), CannTrust Holdings Inc. (TSX:TRST) (OTC:CNTTF).

But there are more, presently underserved uses to increase the size of the total revenues of the markets.  ZDNET continues: “The byproducts of marijuana being grown and processed in industries that have real economic potential include hemp fibers for clothing, upholstery, and other fabric use, as well as sources for biofuel, cooking oils, and green plastics.  New research shows that there are potentially hundreds of uses of cannabis and hemp beyond pharmacology, natural medicine, and recreational drug use.  Many complementary industries in the agricultural, industrial, technology and services sectors will support the overall marijuana growth industry.”

Sugarmade, Inc. (OTCQB:SGMD) BREAKING NEWS:  Sugarmade a major supplier to the growing hydroponic cultivation sector, today announces its intent to acquire a retail location of Washington State-based Hydro4Less. The operation is expected to produce approximately $5 million in revenues and to be profitable during calendar 2019.  Additionally, via the pending transaction, Sugarmade will gain an option to purchase two additional Hydro4Less retail operations, which are currently producing in excess of $20 million annually.  Should all three acquisitions close, Sugarmade will increase its annual revenues by approximately $25 million per year.

This pending acquisition when combined with pending transactions with BizRight, LLC and Athena United, LLC, both of which also operate in the hydroponic cultivation sector, will place Sugarmade among the ranks of the largest cannabis-related revenue producing companies. Throughout these transactions, Sugarmade will remain only as a supplier to the cannabis industry and will not transact in business where cannabis or cannabis derived products are bought or sold.

“Our BizRight marketing arrangement gives us a strong online presence while our Athena United deal gives us exposure to the large commercial growers, which is an area of expected accelerating revenue growth. Hydro4Less rounds out our marketing efforts and expands our marketing footprint in the Pacific Northwest by adding additional resources that are commercially focused, while also contributing a retail walk-in component allowing our customers to not only acquire products quickly, but to also connect with our highly experienced staff,” commented Jimmy Chan, CEO of Sugarmade.

Under the terms of the pending agreement, Sugarmade will acquire the Washington state flagship location in an all stock transaction pending mutual due diligence, completion of the definitive agreement and approval by both boards of directors.

Mr. Chan continued, “Sugarmade is expecting to realize exceptional revenue growth this year from all of our hydroponic-related market sectors.  We are excited about having the very talented staff of Hydro4Less join the Sugarmade family of companies.  We continue to seek additional acquisitions to further boost our already expected robust revenue growth rate.”   Read this and more news for Sugarmade at:  http://www.financialnewsmedia.com/news-sgmd

In other industry developments and happenings in the market this week include:   

  

Cannabis Strategic Ventures (OTCPK:NUGS) recently announced that it has signed a Letter of Intent to partner with a Santa Barbara County cultivation operation that holds approximately 40 commercial cannabis licenses from the County of Santa Barbara, the California Bureau of Cannabis Control, the Manufactured Cannabis Safety Branch, and the CalCannabis Cultivation for growth, manufacturing and cultivation. The parties involved are working on a final agreement.   “As we increase Cannabis Strategic Ventures’ stronghold in the California cannabis market, we are pursuing partnerships that are strategically aligned with our corporate growth plans,” comments Simon Yu, CEO, Cannabis Strategic Ventures. “Obtaining access to a large batch of licenses located between the cannabis-friendly cities of San Francisco and Los Angeles will allow us to expedite our growth and scalability.”

Aphria Inc. (NYSE:APHA) (TSX:APHA) announced that it has recently entered into an exclusive agreement (the “Agreement”) with Toronto-based UNOapp, Inc. (“UNOapp”) to collaborate on the development of technology and analytics solutions for Canada’s adult-use cannabis industry.   “With our innovation-focused approach, Aphria is setting the pace for the evolution of the adult-use cannabis industry in Canada,” said Jakob Ripshtein, President of Aphria. “Our industry’s long-term future will be driven by consumer-centric, innovation-led product, brand and technology solutions. We are excited for this collaboration with a fantastic technology partner in UNOapp and look forward to developing industry-leading solutions that shape the adult-use cannabis market for years to come.”  Founded in 2010, UNOapp has developed proven technology, marketing and analytical solutions that has enabled more than 4,500 customers across the globe to engage with their customers and drive revenue.

GrowGeneration Corp. (OTCQX:GRWG) recently announced that it has purchased all the assets of Chlorophyll, Inc. (“Chlorophyll”).  Located in Denver, CO, this super store, with over 20,000 sq. ft. of warehouse and retail space, will be the 6th store in the GrowGeneration portfolio of stores in Colorado.  “This transaction marks our 1st acquisition in 2019, adding $8 Million in revenue to our Company. Adding Chlorophyll, located directly in a strategic location with high visibility in Denver, CO., adds one of the largest and highest volume hydroponic stores in the country. Chlorophyll has a seasoned team, and we are excited that the founders, Beau Speicher and Lee McCall will continue to support the company in a sales and business development role.”

“We are excited to be part of the GrowGeneration portfolio of companies. As the largest hydroponic store in Denver, CO, our customers will benefit with more product offerings, competitive pricing and expanded professional services. We were attracted to GrowGeneration’s model and track record of building a national chain of stores, applying a professional management team, with a strong financial position.”

CannTrust Holdings Inc. (TSX:TRST) (OTCPK:CNTTF) recently  announced that it has obtained the necessary permitting from the Town of Pelham to proceed with its Phase III expansion with the construction process set to commence immediately.

The enhancements to the Phase III expansion include investing in automation and a higher level of climate control. Given these enhancements and the time it has taken to obtain permitting, construction of the Phase III expansion is expected to be complete in the third quarter of 2020. Initial harvest from the Phase III expansion is expected in the second quarter of 2020 and full production capacity is expected in the second half of 2020. In order to address local concerns from the emission of light from its facilities, CannTrust is proceeding to add additional fan ventilation so its shades can be completely closed, at minimal incremental cost.

“We are pleased with the outcome of the discussions with the Town of Pelham,” said Peter Aceto, CEO of CannTrust. “We believe this decision reflects our view that we are a trusted member of the community and that we are intent on listening to our stakeholders. The demand for our medical and recreational products continues to be well in excess of supply and we are keen to move ahead with the Phase III expansion and meet our capacity targets. We also continue to evaluate several strategic alternatives to meet and increase our initial production capacity goals. We are actively pursuing strategic acquisitions of land and facilities, both inside and outside Ontario and hope to update shareholders with these initiatives in due course. Our active patient count continues to increase, and the recreational market is currently undersupplied. We intend to make every effort to serve these markets with our award-winning products.”

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Wednesday, January 23rd, 2019 Uncategorized Comments Off on $NUGS Companies Focus On Identifying Additional Cannabis Uses To Expand Market Revenues

$PFSF Blockchain Platform for Agricultural Export Supply Chain Nealry Complete

  • Pacific Software has opened a Hong Kong office and retained an adviser to lead its operations in China
  • The hyperledger systems developer expects to complete a blockchain-based software platform by month’s end to manage supply tasks
  • Supply chain management is particularly crucial to the food industry, which has dealt with high-profile contamination concerns during the past year
  • The company’s e-commerce portal and trade platform will also provide services in smart contracts, digital marketing and fintech

Two days before Thanksgiving, the U.S. Centers for Disease Control (CDC) issued a warning to the entire country — don’t eat romaine lettuce. For the second time this year, restaurants and grocers found themselves pressured to toss their inventory for fear it might be among the produce tainted by the E. coli bacteria, and the Thanksgiving cooks at home had to decide if they needed to do something different for salads. Emerging technology development business Pacific Software Inc.’s (OTC: PFSF) foray into blockchain-based agricultural supply chain management envisions a world in which such incidents are limited in scope, and the source of the contamination is more rapidly ferreted out.

Pacific Software is a designer and developer of hyperledger blockchain-based systems that is focusing its resources on agricultural and drug trade supply lines. The company’s farm-to-table blockchain solution aims to help the market follow the distribution of products such as heads of romaine lettuce, particularly through the use of Internet of Things (IoT) barcode or RFID technology that can allow easy application with handheld computers.

The U.S. Food and Drug Administration ultimately determined that this fall’s E. coli outbreak could be traced back to a specific Santa Maria, California, farm and potentially others, as well, according to an announcement (http://nnw.fm/WSe0O) by the federal agency on December 13 that led the identified farm to recall three additional types of produce “out of an abundance of caution.”

The fall E. coli outbreak sickened a reported 59 people from 15 states and Washington, D.C., hospitalizing nearly half of them (http://nnw.fm/8ylJw). None died, but in the E. coli taint incident linked to romaine lettuce in Arizona between March and June of last year, five of the 210 sickened people died, and the specific farm from which the lettuce originated was never able to be identified. While the two cases do not appear to be related, the E. coli strain involved in the latest case appears to have the same genetic fingerprint as one that sickened people in the United States and Canada late last year, according to the Washington Post (http://nnw.fm/U5Rrm). The source of that contamination was also never identified.

“The quick and aggressive steps we’re taking today are aimed at making sure we get ahead of this emerging outbreak, to reduce risk to consumers, and to help people protect themselves and their families from this foodborne illness outbreak. This is especially important ahead of the Thanksgiving holiday, when people will be sitting down for family meals,” FDA commissioner Scott Gottlieb told the Post after the most recent romaine alert was issued.

Pacific Software is developing a multi-lingual software platform designed not only to protect the agricultural pipeline domestically from such a nationwide scare, but to safeguard the international transport of food products, as well (http://nnw.fm/e2z9E). The e-commerce portal and trading platform is scheduled for release at the end of Q1 2019, and it is expected to provide services that include blockchain solutions, smart contracts with a search interface, digital marketing and fintech applications.

The company announced on November 29 that it had opened an office in Hong Kong, and it has retained experienced investment businessman Wallace Lo to serve on its advisory board and to oversee its business operations in China (http://nnw.fm/y5zNE).

“Reassurance regarding the provenance, safety and quality of products delivered may save exporters significant time and resources in the event a product becomes subject to recall,” the company stated in making the announcement. Through the use of its blockchain-based solution, “an error free, tamper proof record covering the entire supply chain may be provided which could pinpoint the precise origin of any contamination, thereby enabling a narrow, focused and efficient recall of the affected products.”

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

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Wednesday, January 23rd, 2019 Uncategorized Comments Off on $PFSF Blockchain Platform for Agricultural Export Supply Chain Nealry Complete