Archive Uncategorized

Uncategorized

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF), whose principal location is in Hamilton, Ontario, produces farm grown, organic, pesticide-free medical cannabis in small batches using all natural, organic craft growing principles. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis. The company carries out its principal activities producing cannabis pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada).

Committed to becoming the global leader in delivering organic cannabis solutions that enhance people’s lives, TGOD consistently adheres to the highest levels of excellence. Its world-class management team includes a proven group of leaders with outstanding executive and operational experience specific to consumer packaged goods, consumer products, cannabis and finance industries.

TGOD is positioned as one of the highest quality and most cost efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions. It holds one of the largest land packages under a single ACMPR license in Canada, providing future cannabis Agri-park style development and opportunities for joint ventures, licensing and distribution partners. Its industry leading alliance partners include Eaton, Ledcor Group and Hamilton Utilities Corp.

Eaton is the second largest power management company in the world and promises to supply innovative and cost effective power solutions to meet TGOD’s growing demands. Construction management is supplied by Ledcor, Canada’s second largest multidisciplinary construction company and a pioneer in the Green Building Industry. An alliance with Hamilton Utilities Corp allows TGOD to reduce its power costs from $0.13 per kWh to less than $0.05 per kWh. Greenhouse design is provided by Larssen Greenhouse, whose 25-plus years of experience in building some of the most modern and sophisticated greenhouses in the industry will provide TGOD with state of the art, climate-controlled hybrid greenhouse solutions.

Canada is quickly becoming a hub for cannabis investors with over $1.3 billion raised by Canadian companies to date. There are 58 licensed producers to service a population of 36 million and only two organic producers. TGOD, which holds licenses in Ontario and Quebec, is strategically located in both provinces that together claim 22 million Canadians as residents. Another estimated 57 million people live next door in six U.S. bordering states.

The Canadian cannabis market currently has a massive supply demand gap, which makes TGOD’s expansion plans even more important to investors. These plans include a combined build-out capacity of 970,000 square feet, allowing TGOD to produce 116,000 kg annually of organic cannabis. Upon completion, Phase One in Hamilton, Ontario, which is fully funded, will provide 150,000 square feet of growing capacity capable of producing up to 14,000 kg of cannabis or $112 million in revenue at $8 a gram.

The company’s Quebec expansion will be constructed on a recently secured 75-acre property near Montreal. This new property has a planned expansion of 820,000 square feet capable of producing 102,000 kg of organic cannabis. The first phase of this expansion is underway and construction is expected to be completed by the end of 2018. Quebec’s first phase will consist of 220,000 square feet capable of producing 22,000 kg of cannabis. Two additional expansion phases will add 250,000 square feet (26,000 kg of cannabis) and 350,000 square feet (54,000 kg of cannabis). Power costs remain exceptionally low for both facilities with access to all other needed utilities available and close by.

TGOD also plans to gain a share of the burgeoning cannabis oils market which by Q1 2017 accounted for 49 percent of all cannabis sold in Canada under the ACMPR, up from only 27% in Q2 2016. TGOD has ordered a purpose-built extraction laboratory with an estimated commission in Q4 of 2017. This is a commercial-scale CO2 extraction unit capable of processing up to 12,000 kg of raw material per year and producing approximately $170 million worth of organic cannabis oils. Raw cannabis oil provides a significant downstream manufacturing opportunity into several potential recreational market verticals including edibles, beverages, topicals and concentrates.

Data from the Canadian ACMPR Market Trends report indicates a rising number of consumers will continue to seek out healthier, less conspicuous ways to consume cannabis, ensuring sales of organic cannabis oil products remain brisk. Organic cannabis products demand a significant premium compared to non-organic products and the demand keeps growing.

Plans to take the company public are underway with an initial public offering (IPO) slated for January 2018. In November, the company raised $13 million in equity financing and in March closed a $27 million non-brokered private placement. Another $20 million is currently being raised before the IPO in January, which will be utilized for expansion plans.

TGOD is uniquely positioned between the medical and recreational cannabis industry since Canada is scheduled to legalize cannabis for all adults in mid-2018. As of August 2017, TGOD has 2,400 shareholders. Established in 2012, TGOD’s motto, “Making Life Better,” can be seen in its strategic partnerships, top quality management team, and dedication to organic farming and principles.

Marijuana industry to become a branded business aimed at consumers, Green Organic Dutchman CEO says from CNBC.

To learn more about the company and how to invest, contact TGOD directly at financing@tgod.ca

Tuesday, August 7th, 2018 Uncategorized Comments Off

$NETE SeeThruEquity Posts Update

NEW YORK, NY / August 6, 2018 / SeeThruEquity, a leading independent equity research and corporate access firm focused on smallcap and microcap public companies, today announced that it has issued an update on Net Element, Inc. (NASDAQ: NETE).

The note is available here: NETE August 2018 Update Note.

Net Element, Inc. (Nasdaq CM: NETE, “Net Element”) is a global financial technology and value-added solutions company that supports payment technology solutions, online payments and value-added transactional services in emerging countries and in the United States. The company is headquartered in Miami Beach, Florida.

Highlights from the update include:

We are updating coverage of Net Element following multiple company announcements since our last note, including updates on company transaction volume, the launch of the company’s Netevia platform, and a deal in which the company acquired a transactional services portfolio from partner Universal Payment Systems (“UPS”), a Garden Grove, CA-based provider of bankcard payment processing services and value added solutions. Highlights of the recent events are as follows:

Net Element acquires transactional services assets from UPS. NETE announced that had acquired certain transactional services assets from partner UPS on July 31, 2018, for $2.7mn.

Deal expected to add $5mn+ in gross profits. Net Element management stated that the deal, which was executed through its Unified Payments subsidiary, is expected to add over $5mn in gross profits over the next four years, with continued profit contribution thereafter.

Transaction dollar volume rises by 37% in 1H18. Net Element reported that transaction dollars processed on its platform increased by 37% in the first half of the year to reach $1.62 billion, versus $1.18 billion the first half of 2017.

The total number of transactions processed on Net Element’s platform also increased robustly. The company processed 50.2mn transactions in 1H18, up more than 40% from 35.7mn processed in the first half of 2017, according to the company.

On June 12, 2018, Net Element announced that it had extended the capabilities of its new multi-channel payments platform for small and medium-sized businesses, Netevia, to include a smart solution for enabling secure business-to-business (B2B) vendor payments. According to the company statement, Statista’s 2017 B2B Ecommerce report estimates that global B2B sales were $7.7 trillion. Net Element management believes it is positioned to compete in this market as the vendor payment solution operates via a web-friendly and mobile platform which can work with existing accounting systems and does not require complex integration.

No change to target following results

The price target remains unchanged for Net Element following recent announcements. NETE’s announcements suggest the company continued to identify growth initiatives, as evidenced by growth in transaction volume, new product enhancements, and the UPS deal announcement. We see the company as a high risk, high growth company in the mobile electronics space. We would look to re-evaluate the target as the company updates investors on its progress and clarifies expectations for blockchain in 2018-2019.

Please review important disclosures in the report and on our website at www.seethruequity.com.

About Net Element, Inc.

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. it aims to grow transactional revenue by innovating SME productivity services such as its cloud based, restaurant and retail point-of-sale solution Aptito. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™ and South Florida Business Journal’s 2016 fastest growing technology companies. Further information is available at www.netelement.com.

About SeeThruEquity

Since its founding in 2011, SeeThruEquity has been committed to its core mission: providing impactful, high quality research on underfollowed smallcap and microcap equities. SeeThruEquity has pioneered an innovative approach to deliver equity research of microcap and smallcap companies. SeeThruEquity has also been the host of acclaimed investor conferences that are the ultimate event for publicly traded companies with market capitalizations less than $1 billion since 2012.

SeeThruEquity is approved to contribute its research reports and estimates to Thomson One Analytics (First Call), the leading estimates platform on Wall Street, as well as Capital IQ and FactSet. SeeThruEquity maintains one of the industry’s most extensive databases of opt-in institutional and high net worth investors. The firm is headquartered in Midtown Manhattan in New York City.

For more information visit www.seethruequity.com.

Contact:

SeeThruEquity
info@seethruequity.com

Monday, August 6th, 2018 Uncategorized Comments Off

$ABCCF Changes Company Name to VIVO Cannabis

NAPANEE, Ontario, Aug. 02, 2018 — ABcann Global Corporation (TSX-V: ABCN, OTCQB: ABCCF) (“ABcann,” “VIVO” or the “Company”) is excited to announce that, effective immediately, it will be known as VIVO Cannabis Inc. — a contemporary reflection of the Company’s evolution, purpose and direction. The name change will be effective at market open on Tuesday, August 7, 2018 and “VIVO” will replace “ABCN” as the Company’s ticker symbol on the TSX Venture Exchange.


	Beacon Medical: This standardized pharma-grade cannabis is a superior product that’s clean, consistent and repeatable — qualities sought by physicians and patients (beaconmedical.ca) – The Clear Path to Medical Cannabis


	Fireside Cannabis: Tailored to the social user, this premium cannabis is grown in small batches and undergoes a long curing process to ensure a smooth final product in three varieties to suit every gathering (firesidecannabis.com) – Tell Your Story, Fireside


	Lumina Wellness: An elegantly designed wellness-focused cannabis product line, Lumina was created to enhance mindfulness and self-discovery (luminawellness.com) – Wellness, Elevated

VIVO — which translates to “living” in Latin — embodies the Company’s commitment to providing quality cannabis products and services that improve lives. It’s the common thread that unites us all, and it’s the spirit behind the rebranding. It also celebrates the recent announcement of the Company’s proposed acquisition of Canna Farms Limited.

“VIVO is committed to making the most out of life. Our company tagline — ‘living life’ — demonstrates our dedication to meeting the needs of our customers in Canada and internationally with cannabis-based products, both in the medical and adult-use markets,” says Barry Fishman, CEO of VIVO Cannabis.

With the emergence of the Canadian adult-use market, continued focus on the medical cannabis segment and a growing global opportunity — coupled with a healthy balance sheet showing $110 million in cash — VIVO is well-positioned for success.

VIVO’s unwavering focus on customer needs is demonstrated in the quality of its products, its innovative culture and its plans for expansion. This customer-centric approach is also demonstrated in VIVO’s commitment to demonstrating leadership in the exciting and evolving cannabis industry.

VIVO is a collection of premium brands targeting unique customer segments and needs. Under the overall corporate umbrella of VIVO Cannabis Inc. (vivocannabis.com), the Company’s portfolio includes the following brands:

Beacon Medical: This standardized pharma-grade cannabis is a superior product that’s clean, consistent and repeatable —qualities sought by physicians and patients (beaconmedical.ca)
– The Clear Path to Medical Cannabis

Fireside Cannabis: Tailored to the social user, this premium cannabis is grown in small batches and undergoes a long curing process to ensure a smooth final product in three varieties to suit every gathering (firesidecannabis.com)
– Tell Your Story, Fireside

Lumina Wellness: An elegantly designed wellness-focused cannabis product line, Lumina was created to enhance mindfulness and self-discovery (luminawellness.com)
– Wellness, Elevated

In addition, VIVO’s wholly owned subsidiary Harvest Medicine (hmed.ca) is an established medical cannabis clinic that provides a highly scalable model. In less than 18 months of operation at its Calgary clinic, Harvest Medicine reached a client base of 15,000 active patients through its patient-centric approach and dedication to providing exceptional care. The new location in Edmonton is up and running, and additional locations and the launch of an innovative purpose-built telemedicine app are planned for the near future.

“ABcann was an early leader in the burgeoning cannabis industry. As a Licensed Producer since 2014, we have the experience, the knowledge and the people to create and deliver superior products,” Fishman says. “As VIVO Cannabis, we embrace the mission to improve lives, and we’re well-positioned to continue to be a recognized leader in bringing innovative products and exceptional customer experience to the market.”

About VIVO Cannabis™

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

VIVO recently announced that it has entered into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow.

More Information

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

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements, including statements regarding the Company’s proposed acquisition of Canna Farms; its plans for expansion; the expected benefits of the name change; and the Company’s position in the market going forward. The forward-looking statements in this release are based on certain assumptions and involves known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that the acquisition of Canna Farms will be successfully completed and that customers will respond positively to the Company’s name change and product lines. These forward-looking statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, including: that the proposed Canna Farms acquisition may not close on the terms expected or at all; regulatory impediments to the timing of opening of the adult use market; changes to industry regulations that are adverse to the Company; and that customer reception to the Company’s change of name or product lines may not be as expected. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and continuous disclosure filings, which are available on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason, other than as required by applicable securities laws.

Photos accompanying this announcement are available at:

http://www.globenewswire.com/NewsRoom/AttachmentNg/36fdc706-d2d4-4cbb-9e94-2f880a53935f

http://www.globenewswire.com/NewsRoom/AttachmentNg/226677fc-b003-470e-b2c3-9e4cbbbe2f62

http://www.globenewswire.com/NewsRoom/AttachmentNg/fff92024-84c9-47f2-afb6-76be46772642

Monday, August 6th, 2018 Uncategorized Comments Off

$TGODF Posts Record Date for Spinout Transaction

TORONTO, Aug. 02, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD“) (TSX:TGOD) (US:TGODF) wishes to provide further information in relation to the proposed spinout transaction by way of plan of arrangement (the “Arrangement”) announced on July 19, 2018.

As previously announced, pursuant to the Arrangement, the Company will distribute a divided to TGOD shareholders consisting of a warrant (a “Warrant”) in a new corporation (“TGOD Acquisitions”). Each Warrant will entitle the holder to purchase a unit of TGOD Acquisitions, comprised of one common share and one additional warrant of TGOD Acquisitions, at a price of $0.50 per Warrant for a period of 30 days from completion of the Arrangement. The Arrangement will be effected under the terms and conditions of an arrangement agreement to be entered into between the Company and TGOD Acquisitions (the “Arrangement Agreement“).

Subject to execution of the Arrangement Agreement and receipt of requisite corporate, regulatory and court approvals, the record date for distribution of the Warrants (the “Record Date“) is anticipated to be on or about September 28, 2018.

All TGOD shareholders, of record as of the Record Date, will be issued a notice from TGOD’s transfer agent, Computershare Investor Services Inc., with instructions on how to obtain the Warrants they are entitled to under the Arrangement. It is anticipated that TGOD Acquisitions will complete an IPO on the Canadian Securities Exchange in the fourth quarter of 2018.

The Arrangement will require approval by a two-thirds majority of the votes cast by TGOD shareholders at a special meeting of TGOD shareholders expected to take place in September 2018 (the “Special Meeting“). Completion of the Arrangement will also be subject to other closing conditions customary for a transaction of this nature, including requisite corporate, regulatory and court approvals. Full details of the Arrangement will be included in a management information circular of TGOD (the “Circular“) to be prepared in respect of the Special Meeting to approve the Arrangement. TGOD intends to mail the Circular to shareholders in August and will file a copy on SEDAR at www.sedar.com.

For further information, please contact the investor relations team at: invest@tgod.ca or (416) 900-7621.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$315 million to date.

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.

CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
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 regarding (i) the execution of the Arrangement Agreement, (ii) the timing of the Special Meeting and Record Date, (iii) the timing, approval and closing of the Arrangement and related matters, (iv) the initial public offering of TGOD Acquisitions, (v) the future legalization of recreational cannabis and cannabis-infused products in Canada, (vi) the future research, development and innovation by the Company, (vii) the offering of any particular products by the Company in any particular territory, and (viii) 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, August 3rd, 2018 Uncategorized Comments Off

$SNNVF Set to Reach Full Value of Assets via Planned Spinoff

New Canadian assets to be listed on the Toronto Stock Exchange and Nasdaq
Sunniva’s U.S. assets to remain listed on the Canadian Securities Exchange (CSE) under the ticker symbol ‘SNN’
Two-year contract signed with industry leading Canopy Growth Corp. for 45 percent of production at Sunniva Canada Campus in British Columbia
Sunniva anticipates launching its first line of Sunniva-branded products in the U.S. in Q3 2018

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis company headquartered in Vancouver, Canada, and operating in the world’s two largest cannabis markets – Canada and California – is reaping positive attention with the news that the company intends to spin off its Canadian assets. The proposal, which would create a new entity listing on the Toronto Stock Exchange (TSX) and Nasdaq, will leave Sunniva’s U.S. assets to trade on the Canadian Stock Exchange, the company announced in a recent press release (http://nnw.fm/YH7q6).

Canadian assets in the proposal, designed to unlock the underlying value of Sunniva’s assets on both sides of the border, include:

Sunniva Medical Inc., which is building the 740,000 square foot, state-of-the-art greenhouse Sunniva Canada Campus in British Columbia. The facility is designed to produce an estimated 100,000 kilograms of dried cannabis per year (http://nnw.fm/4FmNw). Plans for the facility include the production of pharmaceutical-grade cannabis products such as oils, capsules, tinctures, patches, lotions and other consumer goods, Sunniva CEO Dr. Anthony Holler told Canada’s Global News in a June 4 interview (http://nnw.fm/58EyN). Canopy Growth Corporation has already signed an agreement to take-or-pay approximately 45 percent of Sunniva’s annual production capacity there.
Natural Health Services Ltd. (“NHS”) owns and operates a network of seven patient-centric clinics in Canada specializing in medical cannabis under the Access to Cannabis for Medical Purposes Regulations. NHS clinics are staffed by physicians, nurses, educators and patient care representatives to provide consultation, medical cannabis education and an introduction to the products and strains available through licensed producers across Canada. NHS recently opened a new clinic in Windsor, Ontario (http://nnw.fm/rKXa9).

Remaining listed on the Canadian Securities Exchange under the ticker symbol ‘SNN’ are the following Sunniva assets:

CP Logistics, LLC (“CPL”) operates the Sunniva California Campus that is currently under construction in Cathedral City (http://nnw.fm/Br5YF). The 489,000 square feet of purpose-built greenhouse facilities include a flagship onsite dispensary with a distribution license. CPL also operates a licensed extraction facility in Cathedral City, which began operations in June 2018, and has attracted service agreements to manufacture extracted products for significant brand partners in California. Plans include launching the first Sunniva-branded products in the U.S. during Q3 of 2018.
Full-Scale Distributors, LLC provides custom, private-label vaporizers and accessories to brand partners through the Vapor Connoisseur brand.

The spinout transaction, which is subject to various conditions such as shareholder and exchange approval, has prompted comments such as “an excellent value creation strategy” from Beacon Securities analyst Doug Cooper (http://nnw.fm/E1H6n).

“We believe having unencumbered US assets is very important and frees up the company to aggressively pursue an M&A strategy within the largest cannabis market in the world (California),” the analyst said in an update to clients on Tuesday (http://nnw.fm/8kmZF). “SNN has a current EV of ~$220 million, which neither reflects the true value of the US nor Canadian assets.”

Holler said creating a new Canadian company focused on Sunniva’s Canadian assets is expected to “bring added visibility and additional analyst coverage to our story and has the potential to attract institutional investors that are currently unable to purchase stock on the CSE or purchase companies holding US assets.”

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

More from NetworkNewsWire

About NetworkNewsWire

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

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

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

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

Friday, August 3rd, 2018 Uncategorized Comments Off

$PBIO UST Technology Could Transform Modern Food Preservation

Federal four-year grant awarded to Ohio State University to fund research program with PBIO
Goal is development of manufacturing process to keep foods fresh without costly refrigerated transport/storage and safe without chemical additives
PBIO’s Ultra-Shear Technology (“UST”) allows food manufacturers to manufacture healthier beverages and other foods that retain flavor and preserve product’s wholesome ingredients, potentially affecting future food processing around the world
Dairy alternative beverage market, which grew 18 percent from 2009 to 2014 to reach $18.9 billion, fueled by consumers seeking tasty, nutrient-dense, convenient options for on-the-go lifestyles
Consumers increasingly value “clean-label” foods, with 73 percent stating that they would pay more for food or drink products made safely with recognizable ingredients
Global dairy market projected at $442 billion by 2019 with a CAGR of six percent

Imagine food, such as milk, that doesn’t go bad, tastes like the fresh product, is free of chemical preservatives and doesn’t need expensive refrigerated transport or storage. Now, think of how many bottom lines of companies around the world such a technology could affect.

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) and its patented Ultra Shear Technology (“UST”) will be used to develop an innovative manufacturing technology in a new, federally-funded research program focused on food preservation and safety at Ohio State University’s College of Food, Agricultural and Environmental Sciences (“CFAES”). PBIO is a Massachusetts-based company that manufactures high-pressure-based equipment and laboratory instrumentation for the life science industry. CFAES is a worldwide leading food safety college.

PBIO’s Ultra Sheer Technology produces highly stable, clean and cost-effective nanoemulsions that facilitate the production of food products with enhanced shelf lives and without the need for chemicals or preservatives, as the company notes in a recent article (http://nnw.fm/U0P5r). The UST technology, which aligns with consumer demand for chemical- and preservative-free products, can be applied across many industries, including pharmaceutical, food, nutraceutical, industrial lubricant, paint and cosmetic sectors.

Researchers at Ohio State and their PBIO collaborators announced the U.S. Department of Agriculture’s National Institute of Food and Agriculture four-year $891,000 grant in a recent news release (http://nnw.fm/I3u4a). PBIO’s UST technology will be the basis upon which a new manufacturing technology will be developed to preserve food and beverages by reducing thermal exposure through the combined application of elevated pressure, shear, controlled times and temperatures.

A growing need to optimize processing technologies to preserve the freshness of foods while extending the shelf life without using preservatives is a key factor for researchers in this demanding, developing global market. Statista reports that, for example, the dairy market worldwide, valued at $336 billion in 2014, is projected to grow by six percent to reach a staggering $442 billion in 2019 (http://nnw.fm/bcI6n). For dairy-alternative consumers, the market is just as intriguing, with a strong demand that reached $18.9 billion by the end of 2014 as dairy-based sports nutrition drinks gained in popularity (http://nnw.fm/0Dj5Z).

V.M. Dr. “Bala” Balasubramaniam, a CFAES professor of food engineering, is leading the development project, which is designed as a collaborative team effort with scientists and engineers at PBIO. Balasubramaniam believes that UST also holds the potential to be utilized by food manufacturers to ensure a healthier processing of sauces, condiments and other foods.

“Development of cost-effective, next-generation, gentler industrial food manufacturing technologies for the preservation of healthy beverages has now become a critical need,” Balasubramaniam stated in the university’s news release.

Edmund Ting, a senior vice president at PBIO, will lead the development of the laboratory scale and pilot plant equipment that CFAES and the company’s researchers will use in the project. The UST equipment developed under the project will be used to demonstrate the UST-based processing method to the beverage and food processing industry through pilot plant demonstrations and testing at the university’s advanced technology pilot plant on campus.

“It has been rewarding to see the significant growth of high-pressure food and beverage processing over the last 25 years,” Ting stated in the news release. “I believe UST has equal if not greater applications than high-pressure processing, both within and outside the food and beverage industries.”

The high-pressure processing equipment market is projected to reach $500.3 million by 2022 at a CAGR of 11.26 percent from 2016, according to a report from MarketsAndMarkets (http://nnw.fm/Ju6dB). North America and European regions dominated this market in 2015 and are expected to continue leading as early adopters of new food processing technologies, the report states.

Consumers are increasingly looking for foods and beverage products that they believe are genuine and free of preservatives, with 73 percent stating that they would pay more for a product they trust, a Food Insider Journal article states (http://nnw.fm/Le9eZ). These “clean label” products brought in global sales of $165 billion in 2015 and are expected to reach $180 billion by 2020. The UST-based processing method being developed by Ohio State and PBIO will be a new alternative to existing options, one that will not use high heat and will consequently offer the potential for better taste, nutritional value and safety.

“We are pleased to collaborate with experts at Ohio State to advance the commercialization of the UST platform for the food and beverage market,” Ting added, noting that the UST equipment developed with the grant will eventually be shared with the food and beverage industry through pilot plant demonstrations and testing, webinars, short courses and food processor fact sheets.

“The UST technology is expected to be particularly beneficial for medium- and small-scale food processors and entrepreneurs who otherwise have limited technical resources to evaluate such novel food manufacturing processes,” Balasubramaniam said. “The ultimate goal is for consumers to benefit from the increased availability of wholesome, healthy beverage and food options.”

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

More from NetworkNewsWire

About NetworkNewsWire

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

Friday, August 3rd, 2018 Uncategorized Comments Off

$FRSX Creates Advanced Driving Safety Solutions

Foresight sets primary goal to sell prototype systems of QuadSight, its multi-spectral vision system for autonomous vehicles
The company looks to establish mutual cooperation with key clients in automotive industry
Foresight moves forward with plans to sell its Eyes-On automotive vision system to a leading Israeli vehicle importer
Global autonomous vehicle market expected to reach $54.23 billion by 2026

While 2017 was the year of the electric vehicle, 2018 is slated to be the year of autonomy. Elon Musk predicted a fully autonomous Tesla (NASDAQ: TSLA) model by 2018, and General Motors Company (NYSE: GM) is slated to put its version of a fully autonomous car into production in 2019 (http://nnw.fm/8dcGM) (http://nnw.fm/S0kKL). The global autonomous vehicle market is expected to reach $54.23 billion by 2026 (http://nnw.fm/qh9F0). Well positioned to take advantage of the upcoming autonomous vehicle boom is Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technological innovator in automotive vision systems and driver assistance technology working to solve the complex nuances of autonomous driving.

Foresight creates products and solutions designed to drive the future of the semi- and fully-autonomous vehicle industry. The company was first conceptualized as a spin-off of major shareholder Magna B.S.P., an Israeli company that has provided innovative homeland security and surveillance technology solutions for the last 20 years. Foresight now uses the same technology to power two of its unique solutions: QuadSight and Eyes-On. Foresight’s third solution, EyeNet, is a cellular-based V2X accident prevention system.

Foresight recently signed a non-binding memorandum of understanding (“MOU”) with a leading importer of vehicles to Israel for the sale of its Eyes-On system for aftermarket configuration. As a first step, Foresight and the importer will carry out a pilot project using a beta version of the Eyes-On system during which the system will be integrated into a number of models from the importer’s fleet of vehicles. The MOU could potentially see the importer order 21,000 Eyes-On systems over three years. Eyes-On is an advanced driver assistance system (“ADAS”) that uses two cameras and stereoscopic technology to detect potential obstacles with a very high degree of accuracy. Stereoscopic technology uses two synchronized cameras to imitate human depth perception. Eyes-On is available as both an OEM and a retrofit solution.

Foresight’s focus for 2018 is QuadSight, according to a recent interview given by VP of Business Development Doron Cohadier. QuadSight is a multi-spectral vision system that uses four cameras (two visible light and two infrared cameras) to provide safety in all weather and lighting conditions, including extreme weather situations. One of Foresight’s main goals for this year is the sale of several QuadSight prototype systems. Foresight recently sold a couple of these prototype systems.

“These prototype systems will allow us to be in connection with various key stakeholders within the automotive industry at an early stage,” Cohadier explained in a news release. “And following that, we want to establish mutual cooperation with these key clients in the automotive industry.”

Foresight’s operates as a holding company with three pillars under it: Foresight Automotive Ltd., Eye-Net and Rail Vision. Foresight Automotive is dedicated to developing advanced accident prevention systems and solutions based on vision systems and stereoscopic technology, while EyeNet is focused on development of the EyeNet V2X (vehicle-to-everything) cellular-based accident prevention system that provides real-time pre-collision alerts to vehicles and pedestrians using smartphones and cellular networks. Rail Vision, of which Foresight has 35 percent equity, develops advanced systems for railway safety.

Another large goal for Foresight in 2018 is to complete the spinoff and merger of Eye-Net with Israeli company Tamda Ltd. (TASE: TMDA). The two companies signed a merger agreement in early May that will see Foresight establish a wholly owned subsidiary. Foresight will then transfer to the subsidiary all of Foresight’s rights and intellectual property for Eye-Net for no consideration. Upon closure of the merger, Foresight has agreed to transfer 100 percent of the share capital of the newly-created subsidiary to Tamda in exchange for approximately 74.49 percent of Tamda’s share capital as of the closing date of the transaction.

Foresight is well-positioned to reach these goals. The company recently attracted private placement agreements from several leading Israeli institutional investors. Harel Insurance invested $5.5 million, while Meitav Dash Group invested $4.1 million and Psagot Investment House another $1.4 million.

Cohadier also spoke to Foresight’s strong strategic positioning, saying “At the end of the day, an autonomous vehicle will have a few technologies on them for sensors for redundancy purposes. Basically, there won’t be one winning technology, there will be quite a few. But what we understood is vision will always be needed. Vision is the only sensor that can actually identify lanes, traffic signs, traffic lights, colours… If vision will always be needed and you require [it], you might as well have the best vision systems. We want to provide the market with the best vision systems.”

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

More from NetworkNewsWire

About NetworkNewsWire

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

Friday, August 3rd, 2018 Uncategorized Comments Off

$DPW Subsidiary Receives $2M Supplemental Order from U.S. Defense Contractor

NEWPORT BEACH, CA, Aug. 03, 2018 — DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, announced Microphase Corporation, a division of DPW subsidiary Coolisys Technologies, Inc., received a $2.0 million supplement to the original $2.1 million contract award that it announced July 24, 2018 from a first-tier U.S. government defense contractor. The supplement increases the total order size to $4.1 million and extends the term of the contract into early 2020.

Microphase, which has supplied earlier versions of its sophisticated communications filters used in combat warfare system components to this defense contractor since October 2015, continues to expect shipment of the component to commence in late 2018 or early 2019.

Microphase General Manager Rock Martel stated, “We believe this significant supplemental order further illustrates our customers’ confidence in our ability to meet their needs. Microphase’s innovative radio frequency (RF), microwave and millimeter-wave technology solutions and products enable our customers to achieve higher performance and reliability at a reduced cost.”

ABOUT MICROPHASE CORPORATION

Microphase Corporation, a majority-owned subsidiary of Coolisys Technologies, Inc., a part of DPW Holdings’ diversified portfolio, is an innovative and trusted supplier of advanced electronic technology solutions across a diverse mix of markets. Microphase designs, develops, and manufactures standard and customized state-of-the-art RF, Microwave, and Millimeter-wave components, devices, subsystems and integrated modules primarily for the Defense & Aerospace markets. For more information please see www.Microphase.com and www.Coolisys.com.

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

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

Friday, August 3rd, 2018 Uncategorized Comments Off

$TGODF Posts Record Date for Spinout Transaction

For further information, please contact the investor relations team at: invest@tgod.ca or (416) 900-7621.

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

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.

CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward-Looking Information Cautionary Statement

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.

Thursday, August 2nd, 2018 Uncategorized Comments Off

$SNNVF Subsidiary Inks Another Supply Contract for Upcoming Cannabis Crop

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

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

In an executive summary of Sunniva’s market potential, Canaccord Genuity states, “Sunniva could become one of the larger compliant producers in California heading into 2019 where more than 85 percent of product is still not in compliance with current regulations.” The company’s strategy of placing a high degree of importance on designing its facilities with innovative technologies that allow for automation, low-cost cultivation and the ability to maximize control/monitoring of production inputs and environmental factors is a top value for investors looking at Sunniva, the report states (http://nnw.fm/u6iOF).

Sunniva currently has two separate growing facilities under construction. The first facility is at its campus in Cathedral City, California, and the second is a 126-acre site at Okanagan Falls, British Columbia, Canada. Sunniva broke ground in early May 2018 on the Okanagan Falls Campus, while the Cathedral City Campus is further along in the construction process. Through subsidiary CP Logistics, the company is close to completing Phase 1 of a cGMP-compliant greenhouse facility in Cathedral City that will have an estimated annual output of 60,000 kg of dry cannabis at capacity. Sunniva expects operations at its California facility to begin in Q4 2018 (http://nnw.fm/vV5Cz).

A previously reported take-or-pay supply agreement signed with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (http://nnw.fm/y4BbJ) ensures that Canopy will purchase approximately 45 percent of Sunniva’s annual production capacity, representing 45,000 kg of dried cannabis annually, starting in Q1 2019 or shortly thereafter. Canopy will also distribute Sunniva’s branded products. Canaccord Equity issued a positive statement on this agreement, noting, “We believe this take-or-pay agreement provides medium-term revenue certainty while partnering the company with one of the leading producers in Canada and allocating a sizable portion of the company’s planned capacity (~45%) to a dedicated supply channel right off the bat.”

Sunniva also recently signed a cannabis concentrate extraction services agreement between CP Logistics, LLC (“CPL”) and Pure Applied Sciences, Inc. (“PAS”), a wholly owned subsidiary of Cannabis Strategic Ventures, Inc. (OTC: NUGS). Under the agreement, CPL will perform white label services producing high quality, ultra-purified cannabis extracts out of its Sun-Oil Facility in Cathedral City, California, for PAS under the Pure Organix™ brand name, which was recently acquired by Cannabis Strategic (http://nnw.fm/7hPWl).

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

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

More from NetworkNewsWire

About NetworkNewsWire

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

Thursday, August 2nd, 2018 Uncategorized Comments Off

$ABCCF Announces Company Name Change to VIVO Cannabis™

ABcann Global Corporation (TSX-V: ABCN, OTCQB: ABCCF) (“ABcann,” “VIVO” or the “Company”) is excited to announce that, effective immediately, it will be known as VIVO Cannabis Inc. — a contemporary reflection of the Company’s evolution, purpose and direction. The name change will be effective at market open on Tuesday, August 7, 2018 and “VIVO” will replace “ABCN” as the Company’s ticker symbol on the TSX Venture Exchange.

Lumina Wellness: An elegantly designed wellness-focused cannabis product line, Lumina was created to enhance mindfulness and self-discovery (luminawellness.com)
– Wellness, Elevated

About VIVO Cannabis™

More Information

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

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

Disclaimer for Forward-Looking Information

Thursday, August 2nd, 2018 Uncategorized Comments Off

$DPW Why DPW Holdings is “One to Watch”

Operates various segments across multiple strategic industries
Acquires undervalued assets and disruptive technologies with a global impact to help them reach full potential and optimum investor return
Operates various subsidiaries and is engaged in a variety of strategic investments
On track to achieve positive unrestricted free cash flow by end of 2019

DPW Holdings, Inc. (NYSE American: DPW) is a diverse holding company pursuing a growth strategy of acquiring undervalued assets with disruptive technologies with a global impact.

The company invests in diverse industries within the commercial, defense/aerospace, industrial, communication, medical, crypto-mining, hospitality, textile, and corporate investment/lending sectors. DPW has evolved and grown from being a leader in advanced power products. Through its subsidiaries, the company continues to be a leader and supplier of innovative technologies, advanced design and development services, and state-of-the-art power products and solutions.

Through its wholly owned Coolisys Technologies, Inc. subsidiary, DPW is committed to offering world-class technology-based solutions for critical applications and lifesaving services that are primarily driven by innovation. Coolisys targets to the defense, aerospace, naval, homeland security, medical, telecom, datacom and industrial markets. Its growth strategy centers on core markets that are characterized by “high barriers to entry” and require specialized products and services not likely to be commoditized. Through a portfolio of companies, Coolisys is engaged in developing and manufacturing advanced switching power products and power solutions that utilize a customized digital power management and resonant topology to attain:

The highest efficiency and highest density power converters and inverters
Specialized complex airborne high-frequency, radio frequency (RF), and microwave detector-log video amplifiers (DLVA)
Very high-frequency filters
Naval power conversion and distribution equipment

Coolisys offers its technology and services through three primary groups: the Power Solutions Group (PSG), the Defense and Aerospace Solutions Group (DSG), and the Advanced Service Industries (ASI) Group. Coolisys manages five divisions:

Digital Power Corporation, a leader in providing power electronics technology that is based in northern California.
Digital Power Limited dba Gresham Power Ltd, a designer and manufacturer of power distribution systems primarily for Naval use that is based in Salisbury, UK.
Microphase Corporation, a designer and manufacturer of microwave electronics technology that is based in Shelton, Connecticut.
Power-Plus Technical Distributors, a value-added distributor that is based in Sonora, California.
Enertec Systems, a developer and manufacturer of specialized advanced electronic systems for the defense and aerospace sectors that is based in Karmiel, Israel.

DPW’s portfolio of wholly owned subsidiaries also includes Digital Power Lending, LLC (“DPL”), a California private lending company operating under Financial Lender’s License ##60DBO-77905. DPL is dedicated to strategically providing capital to small and middle-size businesses for an equity interest in addition to loan fees and interest. DPL provides secured and unsecured debt financing for public and private companies. These loans will typically have a six to 12-month maturity and range from $250,000-$5 million. DPL is active in bridge loans, receivable financing, inter company loans and micro loans. DPL will work with a network of company owned ATMs (terminals) in California, which will help utilize its CA Finance Lending License and enable the company to offer micro loans of up to $500 or less.

Management has over 50 years of Wall Street experience of investing in, and building companies. DPL’s desire is to bring world-class companies lending opportunities while allowing main street investors to participate. Deal flow and organization comes from an extensive network of investment bankers, business brokers, family offices, and institutional clients enabling DPL to engage and fund the most compelling companies from Silicon Valley to Wall Street.

To date, DPL has funded over $19 million in loans. Since inception, DPL has internally funded over $15 million to DPW’s portfolio companies and wholly owned subsidiaries. As for companies outside DPW, DPL has lent over $4 million in commercial and real estate loans. DPL has funded INVO Bioscience, Medovex, Parallax, Alzamend Neuro, as well as hospitality clients, such as Guilia DTLA and Prep Kitchens.

Another subsidiary wholly owned by DPW is Super Crypto Mining, Inc., a cloud computing service that provides shared and managed computing resources optimized for various block chain mining solutions. Based in Newport Beach, California, Super Crypto Mining leverages its engineering expertise and existing locations to create cryptocurrency mining facilities throughout the world. The company owns and maintains the computing resources and sells access to their use. The established mining is on the Top 3 crypto-currencies with the goal of having 10,000 miners deployed in 2018. Super Crypto Mining endeavors to leverage its engineering expertise and existing global facilities (high-security defense business locations) to secure mining farms. Super Crypto Mining is a rapidly growing organization that recently strategically secured 25 megawatts to power the company’s mining farm. For crypto currency mining, locations with inexpensive power and secure capacity are minimal and hence costly. Having such a location allows the company to grow its mining business to more than 20,000 mining machines. Super Crypto Mining continues to purchase mining machines and explore opportunities to expand its services into other related areas including mining farm real estate investments, mining machine development, and mainstream blockchain projects.

DPW additionally has beneficiary ownership in MTIX International, Inc., the parent company of MTIX, Ltd. and I.AM, Inc.

MTIX was acquired by Avalanche International aka MTIX International, Inc., in August 2017 and offers “green technology” that uses a proprietary laser process to enhance the surface of textiles. This process reduces water usage by approximately 75 percent, reduces greenhouse gases by approximately 90 percent, and reduces chemical use by approximately 95 percent.

I.AM, acquired in May 2018, owns and operates hospitality offerings that include four Prep Kitchen brand restaurants and Giulia DTLA.

Utilizing a shareholder-centric approach to compensation, DPW has formulated the following 10-year objectives:

Achieve compounded annual revenue growth of 25-35%
Achieve compounded annual net Income growth of 5%
Achieve positive unrestricted free cash flow by the end of 2019

DPW is led by a seasoned team of successful business professionals and entrepreneurs. The company is headquartered in Newport Beach, California.

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

More from NetworkNewsWire

About NetworkNewsWire

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

Wednesday, August 1st, 2018 Uncategorized Comments Off

$ABCCF Enters Definitive Agreement to Acquire Canna Farms Ltd.

57,000 kilograms of funded annual domestic production capacity
$110 million in cash to fund the execution of an aggressive growth strategy
Five percent share of Canadian medical cannabis market

NAPANEE, Ontario and HOPE, British Columbia, July 31, 2018 — ABcann Global Corporation (TSX-V: ABCN) (OTCQB: ABCCF) (“ABcann” or the “Company”) is pleased to announce that it has entered into a definitive agreement to acquire 100% of the issued and outstanding share capital of Canna Farms Limited (“Canna Farms”), a premium cannabis company in British Columbia (the “Transaction”). Canna Farms was the first Licensed Producer in B.C. and has many years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. A conference call to discuss the Transaction will take place on Tuesday July 31, 2018 at 9:00 a.m. ET (details below).

“This is a transformational acquisition, and key benefits include increased production capacity, an expanded product offering, operational efficiencies, and a more robust platform to accelerate our growth,” commented Barry Fishman, CEO of ABcann. “We will maximize operational and financial synergies, so that the combined company will be greater than the sum of its parts.”

Transaction Highlights – Combining our Strengths

Increased Capacity and Scale: Annual fully funded production capacity of 57,000 kilograms¹, with multiple provincial supply agreements already secured.
Diverse Production Capability: State-of-the-art indoor facilities in Ontario and British Columbia, extraction capability and expected GMP certification in Ontario by the end of 2018.
Expanded Product Line: With over 15,000 medical cannabis patients, the combined company plans to leverage strong anticipated adult-use demand for premium products, including Canna Farms’ award-winning B.C. Bud and ABcann’s new Beacon, FIRESIDE and Lumina product lines.
Strengthened Leadership Team: A seasoned and diverse leadership team with experience in all aspects of the business, including cultivation, product development, branding, capital markets, and demand creation.
International Leverage: Canna Farms’ Dealers License, combined with ABcann’s international partnerships and expertise, are expected to expedite the combined company’s expansion strategy in international markets, with a focus on Germany and Australia.
New Product Development: A strengthened foundation will facilitate a continuous stream of novel product offerings for both domestic and international markets.
Enhanced Financial and Capital Markets Profile: The enhanced market capitalization and strong cash position of $110 million, combined with Canna Farms’ positive operating cash flow and trailing adjusted EBITDA² margins of 46% are expected to result in a more robust capital markets profile.
Immediately Accretive: The Transaction will be immediately accretive to ABcann. For the twelve months ending June 30, 2018, Canna Farms generated unaudited revenue and adjusted EBITDA² of $9.4 million and $4.3 million, respectively. For the fiscal year ending September 30, 2017, Canna Farms generated audited revenue of $5.8 million and adjusted EBITDA² of $2.8 million.
Cost and Operational Synergies: Having realized a positive return on invested capital since inception, Canna Farms brings an industry-leading cost structure with strong adjusted EBITDA margins. The combined company is expected to benefit from anticipated yield improvements and cost and operational synergies.

Transaction Summary

The value of the Transaction is approximately $133 million, comprised of $22 million in cash and 92.5 million ABcann shares, based on ABcann’s 20-day VWAP of $1.20 as of July 27, 2018. The share consideration will be released from escrow in six month increments over 30 months.

Upon completion of the Transaction, the two co-founders of Canna Farms, Daniel Laflamme and Raymond Laflamme, will each own 16.1% of ABcann’s outstanding shares. They will remain with the combined company as President, Canna Farms and Senior Vice President, Facilities and Engineering, respectively. Daniel Laflamme will be appointed to the ABcann Board of Directors, increasing the total number of ABcann directors to seven.

The Transaction is expected to close in August 2018 and allows the two complementary businesses to leverage each other’s strengths prior to the opening of the adult-use market in the fall. The completion of the Transaction is subject to the satisfaction of customary closing conditions, including the conditional approval of the TSXV and applicable regulatory approvals.

“The ABcann team welcomes Raymond, Daniel and the rest of the Canna Farms family. We are excited about the tremendous potential that combining the strengths our two organizations will provide to our shareholders, employees and customers,” Fishman says.

“I am thrilled to bring Canna Farms together with ABcann, a respected organization that has great leadership and quality products, and is well-capitalized for future growth,” commented Daniel Laflamme, President of Canna Farms. “ABcann and Canna Farms share the same mission to provide trusted cannabis products to our valued patients and customers and are aligned on the corporate values of integrity and strong entrepreneurial spirit.”

¹Current capacity: Napanee, ON 1,500 KG; Hope, BC 2,700 KG; End of 2018: Napanee, ON 5,500 KG; Hope, BC 6,900 KG; Estimated mid-2020: Napanee, ON 32,500 KG, Hope, BC 24,500 KG ²Adjusted EBITDA is earnings before interest, taxes, depreciation and amortization excluding any changes in fair value of biological assets

Financial and Legal Advisors

Canaccord Genuity Corp. is acting as financial advisor and Bennett Jones LLP is acting as legal advisor to ABcann. Stoic Advisory Inc. is acting as financial advisor and Aydin Bird Business Lawyers and Borden Ladner Gervais LLP are acting as legal advisors to Canna Farms.

July 31, 2018 Conference Call Information:

ABcann will host a conference call, including a slide presentation that will be posted on the Company’s website (www.abcannglobal.com), to discuss the Transaction on Tuesday, July 31, 2018 at 9:00 a.m. ET. Participants may join the conference call by dialing 1-855-353-9183 from Canada or the USA using the participant passcode 45136#.

About ABcann

ABcann is recognized for high-quality, trusted products and services. It holds production and sales licences from Health Canada, and its world-class indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology, centred on its specially designed, environmentally-controlled growing chambers. This approach results in the production of pharmaceutical-grade cannabis products. ABcann is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, such as Germany, Australia and Israel.

About Canna Farms

Canna Farms, located in Hope, B.C. was the first LP in British Columbia and the fifth in Canada to receive an ACMPR license. Canna Farms prides itself on running a lean, efficient operation with a dedicated and talented team and offering a large selection of award-winning strains and hand-trimmed cannabis flower, as well as a line of cannabis oils. Canna Farms currently has the largest active medical patient base for a privately-held company in the industry.

For More Information:

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

ON BEHALF OF THE BOARD OF DIRECTORS
Barry Fishman
CEO and Director

Disclaimer for Forward-Looking Information

Certain statements in this news release may be considered forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of ABcann and its management regarding the future. Forward looking statements in this news release include statements relating to the expected timing of closing of the Transaction, future expected production capacity, expected pro forma capitalization, and the expected benefits of the Transaction. Such statements are based on management’s current assumptions regarding the combined company, derived from due diligence conducted in connection with the Transaction, and are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including the possibility that the Transaction will not be completed on the expected terms or at all, that the combined company’s production capacity, financial position or market performance may not be as expected, or that ABcann may not derive the expected benefits from the Transaction described in this news release. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and the Company disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

Wednesday, August 1st, 2018 Uncategorized Comments Off

$PFSF Signs Letter of Intent with Leading Brazilian Nut Exporter

DANA POINT, CA, Aug. 01, 2018 — Pacific Software, Inc. (OTC: PFSF)(“Pacific Software” or the “Company”), an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms, announced today it signed a letter of intent with Inovam Brasil, a leading nut exporter from the Brazilian State of Rondonia.

Pacific Software executed a letter of intent with Inovam Brasil to implement its Agri-Blockchain technology to augment their supply chain management processes, certification, traceability and verification of products. In addition, the Company will be developing an e-commerce platform that will facilitate Inovam Brasil’s global expansion through international distribution channels as well as implementing digital marketing campaigns to create brand admiration and awareness and increase global revenue generation.

Inovam Brasil is a leading exporter of certified organic Brazil nuts, Amazonian almonds, chestnuts, chestnut oil, peanuts, walnuts, pistachios, pumpkin seeds and fruit mix. The Brazil nut trees are known for their towering heights and are considered some of the richest plant resources containing the mineral selenium, a powerful antioxidant. Inovam Brasil is planning on expanding their global sales distribution once the e-commerce platform is operational.

“We are executing on our plan to become the dominant logistics and food industries blockchain solutions provider in Brazil by working with leading regional exporters,” commented Peter Pizzino, President of Pacific Software, Inc. “We are excited to work with Inovam Brasil and their fantastic leadership team to bring cutting-edge disruptive technology solutions to market.”

About Pacific Software

Pacific Software, Inc. (OTC: PFSF) is an emerging development technology corporation positioned for investments, mergers and acquisitions of software technologies and platforms. The Company is a designer, developer and commercial distributor of blockchain-based systems. The Company intends to be uniquely positioned to deliver B2B and B2C blockchain solutions by utilizing IBM’s Hyperledger Blockchain “Backend as a Service” (BaaS) Infrastructure for three key industries: Agriculture, to target farm-to-table beef exports; Cannabis, to improve Seed-to-Sale supply chain management and traceability; and Opioids/Controlled Substance Management, to create a verifiable and trusted ledger between pharmaceutical manufacturers and consumers. For additional information please visit www.pacificsoftwareinc.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 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 (305) 467-1872

Corporate Communications Contact:

NetworkNewsWire (NNW) 

New York, New York 

www.NetworkNewsWire.com

212.418.1217 Office 

Editor@NetworkNewsWire.com

Wednesday, August 1st, 2018 Uncategorized Comments Off

$NETE Fights Fraud with Disposable Credit Card Numbers on its Netevia Platform

Card fraud and data breaches cause billions of dollars in losses every year
Netevia technology generates virtual single-use card numbers
Targeted at $7.7 trillion global B2B payments business

Just like the single-use plastic shavers applied to remove a five o’clock shadow, credit card numbers have entered the realm of disposable goods. In response to the rising incidence of payment fraud and data breaches that expose millions of card numbers, innovative companies like Net Element, Inc. (NASDAQ: NETE) are devising solutions to stay ahead of the criminals. The global financial tech company has extended its Netevia platform to include a smart solution for enabling secure vendor payments that employs single-use credit card numbers. With losses from card-not-present (CNP) fraud expected to surpass $6 billion in 2018, the Netevia B2B platform couldn’t have come at a better time (http://nnw.fm/t1CcE).

Debit and credit card fraud disguises itself in many forms but, most often, materializes in CNP transactions. These are transactions in which the card is not physically presented, as when a consumer pays a utility bill using his or her desktop at home. The value of losses due to CNP fraud is set to reach $6.4 billion by the end of 2018, according to Statista, and will very likely continue to climb in the coming years, since the market for hacked card information seems to be thriving. In July 2018, American Banker reported that ‘the number of hacked U.S. credit cards whose information was offered for sale to other criminals on the dark web jumped by about two-thirds in the first half of this year.’ (http://nnw.fm/pG8go). Citing data from New York-based IntSights, the financial journal reported that ‘more than 4,000 credit cards per bank were on sale in the first half, up from about 2,400 in the second half of 2017.’

Also in July, retail giant Macy’s, which operates close to 700 retail outlets, said that hackers had recently (April-June) accessed customers’ card information. It wasn’t the first time such an attack had occurred. In 2014, the card information of 56 million customers was stolen from Home Depot, and in 2017, perhaps the largest security breach took place, when the credit card information of 143 million Americans was compromised after the systems of credit reporting agency Equifax were hacked.

One way to reduce CNP fraud is by using a different card number for each transaction, which is what the Netevia technology allows. With the Netevia platform, payments are safely and electronically delivered using a secure, single-use dynamic credit card number. These payments can only be processed by the designated single vendor for a specific amount, and have added controls for improved flexibility and security. Netevia works seamlessly with existing accounting systems and requires no complex setup or integration; it also comes complete with 24/7 customer support by phone, email or live chat. Netevia is a high-tech platform that looks set to act as a launching pad for NETE into the global B2B payments market, now valued around $7.7 trillion, according to the Statista 2017 B2B E-commerce report.

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

More from NetworkNewsWire

About NetworkNewsWire

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

Wednesday, August 1st, 2018 Uncategorized Comments Off

$ABCCF Enters Definitive Agreement to Acquire Canna Farms Ltd.

57,000 kilograms of funded annual domestic production capacity
$110 million in cash to fund the execution of an aggressive growth strategy
Five percent share of Canadian medical cannabis market

Transaction Highlights – Combining our Strengths

Increased Capacity and Scale: Annual fully funded production capacity of 57,000 kilograms¹, with multiple provincial supply agreements already secured.
Diverse Production Capability: State-of-the-art indoor facilities in Ontario and British Columbia, extraction capability and expected GMP certification in Ontario by the end of 2018.
Expanded Product Line: With over 15,000 medical cannabis patients, the combined company plans to leverage strong anticipated adult-use demand for premium products, including Canna Farms’ award-winning B.C. Bud and ABcann’s new Beacon, FIRESIDE and Lumina product lines.
Strengthened Leadership Team: A seasoned and diverse leadership team with experience in all aspects of the business, including cultivation, product development, branding, capital markets, and demand creation.
International Leverage: Canna Farms’ Dealers License, combined with ABcann’s international partnerships and expertise, are expected to expedite the combined company’s expansion strategy in international markets, with a focus on Germany and Australia.
New Product Development: A strengthened foundation will facilitate a continuous stream of novel product offerings for both domestic and international markets.
Enhanced Financial and Capital Markets Profile: The enhanced market capitalization and strong cash position of $110 million, combined with Canna Farms’ positive operating cash flow and trailing adjusted EBITDA² margins of 46% are expected to result in a more robust capital markets profile.
Immediately Accretive: The Transaction will be immediately accretive to ABcann. For the twelve months ending June 30, 2018, Canna Farms generated unaudited revenue and adjusted EBITDA² of $9.4 million and $4.3 million, respectively. For the fiscal year ending September 30, 2017, Canna Farms generated audited revenue of $5.8 million and adjusted EBITDA² of $2.8 million.
Cost and Operational Synergies: Having realized a positive return on invested capital since inception, Canna Farms brings an industry-leading cost structure with strong adjusted EBITDA margins. The combined company is expected to benefit from anticipated yield improvements and cost and operational synergies.

Transaction Summary

Financial and Legal Advisors

July 31, 2018 Conference Call Information:

About ABcann

About Canna Farms

For More Information:

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

ON BEHALF OF THE BOARD OF DIRECTORS
Barry Fishman
CEO and Director

Disclaimer for Forward-Looking Information

Tuesday, July 31st, 2018 Uncategorized Comments Off

$SNNVF Signs Cannabis Extraction Deal with $NUGS

Sunniva’s CP Logistics to produce ultra-purified extracts under Cannabis Strategic Ventures’ Pure Organix™ brand
Investment banking firm Canaccord Genuity initiates coverage of Sunniva
Canaccord Genuity gives Sunniva positive share price valuation above current market performance and a “speculative buy” rating

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) has announced an agreement to produce top-quality cannabis extracts for Cannabis Strategic Ventures, Inc. (OTC: NUGS) (http://cnw.fm/B3aVh). Under the white label services agreement, Sunniva’s CP Logistics (“CPL”) subsidiary will produce ultra-purified cannabis extracts for the Pure Organix™ brand, owned by Cannabis Strategic’s subsidiary, Pure Applied Sciences, Inc.

From its Sun-Oil Facility in Cathedral City, California, CPL will extract cannabis oils for vape pen cartridges. Both companies expect that additional products will follow. The agreement, signed for an initial 12 months, will be open for extension.

Commenting in a news release on why his company chose Sunniva for this deal, Cannabis Strategic CEO Simon Yu said, “We have selected Sunniva because of its emphasis on creating great products for great brands… We created the Pure Sciences brand based on premium quality and sound manufacturing practices. Sunniva shares our values relative to the area and we are pleased to have them as our manufacturer. We are especially impressed with their plans to build greenhouse and extraction facilities compliant with Current Good Manufacturing Practice (cGMP) standards.”

Sunniva CEO Tony Holler added, “As one of the highest quality producers in the marketplace, we believe we are in an excellent position to provide brand product manufacturing services for Cannabis Strategic. Both of our firms share the vision of becoming leaders in providing clean, medical grade cannabis products to consumers.”

This news comes on the heels of a recent announcement that investment banking, wealth management and brokerage firm Canaccord Genuity has initiated coverage on Sunniva. In its first report, the company, a leading Canadian investment firm, gave Sunniva a “speculative buy” rating (http://cnw.fm/HtE06).

In a comprehensive 51-page report created to inform clients about investment prospects, Canaccord Genuity recommends a target price for Sunniva of C$13.00 (US$9.84), well above current trading levels. The report, titled “Bringing quality and scale to the world’s two largest cannabis markets,” goes into detail about Sunniva’s operations in Canada and California, drawing out points that will be of key importance to potential investors.

Canaccord Genuity predicts high growth for the cannabis industry in California and Canada, Sunniva’s areas of operation. It highlights Sunniva’s strategy of vertical integration as being key to its potential success in the cannabis market, noting, “As one of only a limited number of U.S. cannabis operators with access to public market capital, we believe the company is well positioned to transition to a fully vertically integrated operator by acquiring other areas of the value chain.”

The report mentions Sunniva’s current construction of a large-scale state-of-the-art facility in Canada, as well as the fact that it has entered a two-year deal with Canopy Growth Corp. (TSX: WEED) to supply 90,000 kg of cannabis. The agreement secures Sunniva a buyer for a large portion of stock from its Canada campus as soon as it begins production.

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

More from CannabisNewsWire

About CannabisNewsWire

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

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

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

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

Tuesday, July 31st, 2018 Uncategorized Comments Off

$PFSF Develops Innovative Trade Portal Utilizing Secure Blockchain Databases

Company in talks with government officials and agriculture industry leaders in Brazil’s Rondonia State
Pacific Software’s blockchain technologies designed to increase supply chain transparency, thus impacting consumer confidence
Brazil likely to soon become world’s top exporter of agricultural products

Pacific Software, Inc. (OTC: PFSF), a company engaged in the development, acquisition and licensing of Hyperledger blockchain-based systems, has announced that it has set plans into motion to tap into the huge Brazilian agriculture market. In a recent news release, the company said that it is in talks with the government of the state of Rondonia (http://ccw.fm/GSq1g) and the state’s biggest exporters of meat and agricultural products to explore ways that the industry can use Pacific Software’s Agri-Blockchain technology (http://ccw.fm/Ue5Z7).

The move comes in the context of Brazil increasing its market share of global agricultural exports. A current report by the Organisation for Economic Co-operation and Development (OECD) and the United Nations Food and Agricultural Organization (FAO), ranks Brazil as the world’s second largest supplier of food and agricultural products. The report, ‘OECD-FAO Agricultural Outlook 2015-2024’, further predicts that Brazil could become the world’s top agricultural exporter in the near future (http://ccw.fm/9mPJv).

At the same time, trend-watchers in the global agricultural industry foresee a huge potential role for blockchain technology (http://ccw.fm/Xz8is). In a world where consumers are increasingly concerned about the origins of their products, blockchain technology will make supply chains more transparent and easier to trace. Large-scale producers will be able to keep better records of their operations, and niche producers, such as organic farmers, will be able to more easily prove and certify every step their products take from field to store shelf.

Pacific Software is developing a cutting-edge trade portal that harnesses the power of blockchain’s ultra-secure databases, and it is now positioning itself to become a key player in the supply of blockchain technology solutions to Brazil’s agricultural industry. This tool will make it possible to track the entire supply chain with blockchain’s solid credibility.

In a news release, Peter Pizzino, president of Pacific Software, said, “We are excited to enter strategic alliances with some of Brazil’s largest agriculture and meat exporters to implement our disruptive blockchain technology-based B2B platform for the supply chain and logistics sectors.”

Pacific Software’s trade platform will be available in Portuguese, English, Cantonese and Mandarin – appropriate options, given that China and the United States are among Brazil’s biggest export markets. The company is developing the B2B and B2C portal in partnership with KBQuest Group Inc., a global IT service provider, and could utilize IBM’s (NYSE: IBM) Blockchain Hyperledger platform (http://ccw.fm/zCA3t).

In addition to providing transparency, accountability and trust in the provenance of agricultural products, the Pacific Software platform could also be used in many other key aspects of agricultural recordkeeping. Billing and invoicing can be automated and other records and processes migrated into digital formats. Improving recordkeeping and automating and streamlining processes will lead to improved efficiency which will, in turn, increase profitability.

Pizzino added, “The recent trip to Brazil has strengthened our relationships for building regional market share in order to become a major blockchain technology service provider in the region.”

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

More from CryptoCurrencyWire

About CryptoCurrencyWire (“CCW”)

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

CryptoCurrencyNewsWire is where News, content and information converge via Crypto.

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

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

CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.418.1217 Office
Editor@CryptoCurrencyWire.com

Tuesday, July 31st, 2018 Uncategorized Comments Off

$NETE Subsidiary Acquires $2.7M Cash Flow Assets

Acquisition is projected to add over $5 million in gross profits over the next 4 years

MIAMI, FL, July 31, 2018 — 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”), e-commerce and mobile devices, announced today it has acquired certain transactional services portfolio (cash flow assets) from Universal Payment Systems (“UPS”).

Net Element through its subsidiary Unified Payments has acquired cash flow assets for a total of $2.7 million, which are expected to generate well over $5 million in gross profits over the next four years and expected to continue generating profits thereafter. The Company and UPS have enjoyed a successful and mutually beneficial partnership over the last five years. The newly acquired cash flow assets are expected to enhance the Company’s profit margins.

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

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

About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, our cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017 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 whether the transactional services residuals acquisition will be beneficial to the Company, whether the Company will achieve the projected $5 million gross profits over the next four years and additional profits thereafter, whether the acquisition will enhance the Company’s profit margins, and whether Universal Payment Systems will be successful in achieving its projected increased business production over the same time period.. Additional 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.
Media@NetElement.com
+1 (786) 923-0502

Corporate Communications Contact:
NetworkNewsWire (NNW) 
New York, New York 
www.NetworkNewsWire.com
212.418.1217 Office 
Editor@NetworkNewsWire.com

Tuesday, July 31st, 2018 Uncategorized Comments Off

$HMMR Renews LOI to Acquire 1stPoint Communications

POINT PLEASANT BEACH, N.J. and PISCATAWAY, N.J., July 31, 2018 — Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR) d/b/a Hammer Communications announced today that it has renewed its Letter of Intent to acquire 1stPoint Communications, Endstream Communications and Open Data Centers. “The industrial logic of the acquisition remains unchanged,” said Erik Levitt, CEO of 1stPoint Communications. “The resulting entity will be perfectly positioned to be a market leader in wireless network deployment.” Today Hammer provides DOCSIS over wireless triple play services to subscribers in its first deployment in Atlantic County. In adding these assets Hammer will be able to deploy the technology in other markets around the US as well as several International targets. 1stPoint’s assets include multiple CLEC licenses and a mobile network operator as well as intellectual property for carrier switching of both voice, SMS and advanced collaboration tools.

“The combined entities will be able to execute on Hammer’s ‘Everything Wireless’ approach to the market,” said Kristen Vasicek, 1stPoint’s Director of Marketing. “We will be able to deliver very high speed triple plays, smart city, IoT, OTT and texting applications, M2M and 5G mobile networks. That breadth will make us unique in the industry,” added Vasicek.

Earlier this quarter Hammer and 1stPoint announced its Mobile Network Services Provider platform, intended for use by cable operators for network extension, wireless ISPs for network enhancement and expansion and DSL replacement. “Several projects are now in the planning stages,” said Hammer’s founder, Mark Stogdill. “These acquisitions will be transformative, and will take Hammer to the next level.”

The details of the transactions and closing dates have not been publicly disclosed.

About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com or contact Frank Pena at fpena@hammerfiber.com.

About 1stPoint Communications

1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net.

About Endstream

Endstream is a wholesale voice operator, providing voice termination, toll origination and toll free origination services to other carrier clients. For more information visit www.endstream.com.

About Open Data Center

Open Data Center is a carrier neutral colocation facility in Piscataway, NJ. It provides services to 1stPoint Communications, Core Technology Services, Endstream Communications and is a utility data center for over 20 other clients. It is a 2N+1 design with an array of nine fiber providers and 26 resident carriers make it an ideal platform for HMMRs activities. For more information visit www.opendatacenter.net.

Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.

Tuesday, July 31st, 2018 Uncategorized Comments Off

$SNNVF Signs Cannabis Extraction Deal with $NUGS

Sunniva’s CP Logistics to produce ultra-purified extracts under Cannabis Strategic Ventures’ Pure Organix™ brand
Investment banking firm Canaccord Genuity initiates coverage of Sunniva
Canaccord Genuity gives Sunniva positive share price valuation above current market performance and a “speculative buy” rating

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) has announced an agreement to produce top-quality cannabis extracts for Cannabis Strategic Ventures, Inc. (OTC: NUGS) (http://nnw.fm/59hlR). Under the white label services agreement, Sunniva’s CP Logistics (“CPL”) subsidiary will produce ultra-purified cannabis extracts for the Pure Organix™ brand, owned by Cannabis Strategic’s subsidiary, Pure Applied Sciences, Inc.

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

More from NetworkNewsWire

About NetworkNewsWire

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

Monday, July 30th, 2018 Uncategorized Comments Off

$PFSF Develops Innovative Trade Portal Utilizing Secure Blockchain Databases

Company in talks with government officials and agriculture industry leaders in Brazil’s Rondonia State
Pacific Software’s blockchain technologies designed to increase supply chain transparency, thus impacting consumer confidence
Brazil likely to soon become world’s top exporter of agricultural products

Pacific Software, Inc. (OTC: PFSF), a company engaged in the development, acquisition and licensing of Hyperledger blockchain-based systems, has announced that it has set plans into motion to tap into the huge Brazilian agriculture market. In a recent news release, the company said that it is in talks with the government of the state of Rondonia (http://nnw.fm/d0Tz4) and the state’s biggest exporters of meat and agricultural products to explore ways that the industry can use Pacific Software’s Agri-Blockchain technology (http://nnw.fm/AHmk1).

At the same time, trend-watchers in the global agricultural industry foresee a huge potential role for blockchain technology (http://nnw.fm/GD5Vk). In a world where consumers are increasingly concerned about the origins of their products, blockchain technology will make supply chains more transparent and easier to trace. Large-scale producers will be able to keep better records of their operations, and niche producers, such as organic farmers, will be able to more easily prove and certify every step their products take from field to store shelf.

Pizzino added, “The recent trip to Brazil has strengthened our relationships for building regional market share in order to become a major blockchain technology service provider in the region.”

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

More from NetworkNewsWire

About NetworkNewsWire

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

Monday, July 30th, 2018 Uncategorized Comments Off

$ABCCF Announces its First Recreational Cannabis Brand

NAPANEE, Ontario, July 27, 2018 — Building on its industry-leading technology and proven results, ABcann Global Corporation (TSX-V:ABCN) (“ABcann” or the “Company”) is proud to the announce the introduction of FIRESIDE, its first recreational cannabis brand.

“Legalization will bring a wide variety of different consumers to cannabis, and many will want a high-quality product without having to be an expert at choosing between strains. That’s why we created FIRESIDE – it’s a premium brand for those who want great products that are easy to understand. To ensure a superior quality experience, FIRESIDE cannabis will be grown in small batches in craft-like conditions,” says Sung Kang, Chief Marketing Officer. “As well, our special long-curing process means a smoother final product.”

FIRESIDE has been tailored specifically for social cannabis users, based on extensive research and consumer insights. When the adult-use recreational cannabis market opens to Canadians on October 17, 2018, FIRESIDE products will be available in both dried whole-bud and pre-rolled formats.

FIRESIDE epitomizes the social experience of sharing good times with friends around a fire, whether at the cabin or in an urban setting. Crafted for social occasions, FIRESIDE will appeal to the premium segment of the adult-use recreational cannabis market.

Fireside will be available in three varieties, all grown in ABcann’s state-of-the-art, ISO 9001 certified facilities using refined production techniques.

FIRESIDE Black: a high THC product
FIRESIDE Red: a medium THC product
FIRESIDE Gold: a balanced THC/CBD product

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/76974c15-1f3e-4942-8c1e-6bceb52324bf

“Our new brands embody our focus on crafting high-quality, consistent products,” says Barry Fishman, ABcann’s Chief Executive Officer. “As a licensed producer of cannabis since 2014, we have the experience, knowledge and focus on innovation required to deliver superior products.”

ABcann Global is committed to providing cannabis products and services that improve lives. Every variable in ABcann’s growing, harvesting and curing process is precisely controlled and monitored. This indoor, high-tech growing environment translates into a superior product that is clean, consistent and repeatable; critical factors when delivering quality products.

With the emergence of the Canadian adult-use market, continued focus on the medical cannabis segment and a growing global opportunity — coupled with a healthy balance sheet — ABcann is well-positioned for success.

FIRESIDE is now live at FireSideCannabis.com and @firesidelife on Instagram.

About ABcann

For more information:

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

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

Disclaimer for Forward-Looking Information

This press release contains forward-looking statement, including statements regarding: the timing of the Company’s planned new wellness brand; the timing of opening of Canada’s adult-use market; the expected benefits to the Company from the launch of the FIRESIDE market; and the expected response of ABcann’s customers to its new product lines. The forward-looking statements in this release are based on certain assumptions and involves known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that the adult-use market will open in the time frame expected and that customers will respond positively to ABcann’s new product lines. These forward-looking statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements, including regulatory impediments to the timing of the adult use market and that customer reception may not be as expected. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form and continuous disclosure filings, which are available on SEDAR’s website at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason, other than as required by applicable securities laws.

Monday, July 30th, 2018 Uncategorized Comments Off

$PFSF Coverage Initiated via NetworkNewsWire

NEW YORK, July 27, 2018 — via NetworkWire – Pacific Software Inc. (OTC:PFSF), a developer, distributor and master licensor of Hyperledger blockchain-based technology solutions, announces it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”).

Pacific Software is applying its blockchain-based technology systems to industries that require high throughput transaction processing, traceability or tracking, visibility or monitoring, and transparency throughout the supply and value chains for all stakeholders.

Chief targets for Pacific Software include agriculture and its farm-to-consumer export system; cannabis and its seed-to sale supply chain; and opioids and the pharmaceutical production-to-consumer link. Each industry benefits from the valuable transparency and encrypted technology offered through Hyperledger blockchain-based system solutions.

NetworkNewsWire is a multifaceted financial news and publishing company that delivers a new generation of social communication solutions, news aggregation and syndication, and enhanced news release services. NNW’s strategies help public and private organizations find their voice and build market visibility. As part of the Client-Partner relationship with Pacific Software, NNW will leverage its investor-based distribution network of over 5,000 key syndication outlets, various newsletters, social media channels, blogs, and other outreach tools to generate greater brand awareness for the Company.

“The blockchain arena is a dynamic playing field, and Pacific Software is developing its systems for a variety of opportunities in industries that can benefit from the technology,” states Sherri Franklin, Director of Client Solutions for NNW. “We look forward to assisting the company with a corporate communications campaign that keeps shareholders and the investment community aware of the company’s operations and technology.”

About Pacific Software Inc.

Pacific Software Inc., with headquarters in Dana Point, California, is a results-driven company with a focus on Hyperledger blockchain-based technology that is designed for industries that require high throughput transaction processing, traceability or tracking, visibility or monitoring and transparency throughout the supply and value chains for all stakeholders. For more information, visit the company’s website at https://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.

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

Forward-Looking Statements

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

Corporate Communications Contact:

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

Friday, July 27th, 2018 Uncategorized Comments Off

$NUGL Launches Brand Locator and Profile Claiming Features to Bolster App

LOS ANGELES, July 26, 2018 — via NetworkWire – NUGL Inc. (OTC:NUGL) (the “Company”), the cannabis industry’s new standard of technology, today announces the eagerly anticipated launch of its brand locator and profile claiming features for the cannabis community and its rapidly growing fan base.

NUGL’s platform is designed to serve cannabis-related businesses, products, services and users in a fresh and fair approach by building a community that truly meets the needs of the 420 industry. With the launch of two new features – profile claiming and brand locator – NUGL puts the power of self-promotion back into the hands of cannabis companies who can now build their own dedicated profile featuring their brands and services, while consumers are rewarded with the pleasure of discovering where they can purchase exactly what they want to buy.

“Brands are and will be the focus for us,” NUGL CMO Ryan Bartlett said. “Now users can search for brand specific items and see which stores offer these items, where they are located and read or offer their own unbiased reviews.”

Profile claiming provides the distinct benefit of linking cannabis-related brands to a specific profile, giving owners a dedicated platform to market to an identified consumer base of users. The brand locator gives cannabis companies the ability to promote their brands and connect with dispensaries and retail stores, upping the marketing potential for products, services and making it infinitely easier for consumers to actually find their favorite brands.

NUGL has also expanded its development team with the addition of two additional software developers. “Supporting the Company’s extraordinary growth and accelerated timeline for adding features to the NUGL app will keep the team busy,” said Jeff Odle, NUGL’s Chief Technical Officer.

“We have two more major features we are working to launch in the next few months and the added support will help expedite these valuable additions to our platform,” Odle said. “One of the features is an enhanced menu that will blow our user base away.”

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

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more.

For more information and updates, visit one of the links below.

Website: http://www.nugl.com/
Facebook: https://www.facebook.com/justnuglit/
Instagram: https://www.instagram.com/justnuglit/
Twitter: https://twitter.com/JustNUGLit
LinkedIn: https://www.linkedin.com/company/justnuglit/

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Contact Information:

Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982

Corporate Communications Contact:

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

Friday, July 27th, 2018 Uncategorized Comments Off

$FRSX Increases Ownership in Rail Vision, Lands Sale of QuadSight™ Prototype

Foresight becomes largest shareholder in Rail Vision Ltd.
Chinese company purchases prototype of Foresight’s breakthrough quad-camera vision system
Foresight strengthens position as leader in providing vision solutions

A leading innovator in automotive vision systems and driver assistance technology, Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) has become the largest shareholder of Rail Vision Ltd. To reach this status, Foresight exercised $2.24 million of warrants, raising its ownership stake to approximately 35 percent of issued and outstanding shares and 34 percent on a fully diluted basis.

Focused on revolutionizing the rail industry with obstacle detection solutions, advanced imaging and deep-learning technologies, Rail Vision, in December 2017, successfully completed a trial of its unique vision-based system. The trial, conducted in partnership with a leading European railway company, demonstrated the system’s real-time capabilities to detect and identify obstacles at distances of several hundred meters under harsh conditions with minimal light.

“Foresight is pleased to increase its investment in Rail Vision,” Haim Siboni, CEO of Foresight, stated in a news release. “We believe that, like in the automotive space, the next step is to provide trains with sensors and processing capabilities, to prevent accidents, reduce downtime, and increase productivity. Rail Vision is uniquely positioned to offer these functionalities and provide systems, which have the potential to significantly reduce maintenance costs. Rail Vision is a leader in cognitive vision systems that detect objects before a train and make real-time decisions. We strongly believe that Rail Vision’s capabilities will become the standard in this market.”

In addition, Foresight announced a prototype sale of its breakthrough QuadSight quad-camera vision system designed for use in the autonomous and semi-autonomous vehicle market. A leading Chinese manufacturer of electric and autonomous vehicles ordered the prototype in order to evaluate the system’s performance with its current electric vehicles. Depending on the test results, the overseas manufacturer could implement QuadSight into future electric autonomous vehicle designs, a move that could mean significant revenue generation for Foresight.

“According to a report by Frost & Sullivan earlier this year, more than 1.2 million electric vehicles were sold globally in 2017,” Doron Cohadier, Foresight’s vice president of Business Development, added in a news release. “Notably, China led the market with 49.5 percent of total sales. With China expected to be the largest market for electric vehicles for at least the next five to seven years, and as analysts at Boston Consulting Group predict that more than five million conventional cars per year could be replaced by fully or semi-autonomous electric vehicles, we feel that our QuadSight system is well suited for the evolving Chinese electric vehicle market.”

Foresight gathers customer feedback and a greater understanding of its customers’ needs and requirements with each prototype sale. This information allows Foresight to modify the QuadSight system within a short period of time to accommodate each individual company’s needs.

These two announcements – becoming Rail Vision’s largest shareholder and its newest QuadSight sale – highlight Foresight’s continued commitment to being a leader in providing unique automotive vision systems solutions, addressing customers’ needs and expanding its presence in the industry. Foresight will continue to work to secure that presence by identifying opportunities to work closely with others interested in the research, development and integration of QuadSight.

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

More from NetworkNewsWire

About NetworkNewsWire

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

Friday, July 27th, 2018 Uncategorized Comments Off

$ABCCF Introduces FIRESIDE Recreational Cannabis Brand

Fireside will be available in three varieties, all grown in ABcann’s state-of-the-art, ISO 9001 certified facilities using refined production techniques.

FIRESIDE Black: a high THC product
FIRESIDE Red: a medium THC product
FIRESIDE Gold: a balanced THC/CBD product

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/76974c15-1f3e-4942-8c1e-6bceb52324bf

FIRESIDE is now live at FireSideCannabis.com and @firesidelife on Instagram.

About ABcann

For more information:

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

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

Disclaimer for Forward-Looking Information

Friday, July 27th, 2018 Uncategorized Comments Off

$TGODF Announces Appointment of Geoff Riggs as Chief Information Officer

TORONTO, July 26, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce it has appointed 20-year IBM veteran Mr. Geoff Riggs as Chief Information Officer. Mr. Riggs will set the Company’s direction on information technology, e-commerce and artificial intelligence strategies to support TGOD’s domestic and global expansion.

TGOD will employ techniques such as big-data mining and predictive analytics in order to optimize all aspects of the Company, including product sales forecasting, integrated greenhouse operations, consumer engagement and the development of unique intellectual property to develop an artificial intelligence decision support system for the global cannabis industry.

Mr. Riggs has extensive experience in leading high-performance teams, and a deep comprehension of next-generation information management solutions such as cognitive analytics and cloud computing. These qualities will be applied to oversee the development of an integrated technology platform that will underpin and enhance TGOD’s operational efficiency, adaptability and inter-operability, as well as provide a unique predictive business intelligence function.

Since 1998, Mr. Riggs has held a range of senior positions in project and service management, strategy consulting, sales and business development, leading complex partnerships and working with global brands as well as start-ups, government and NGOs across North America, Europe and Africa. In recent years Mr. Riggs has held leadership responsibilities in emerging market initiatives, including IBMs Innovation program, incorporating start-up technologies, research partnerships and academic collaborations to drive better efficiency and optimization for clients in water, energy and agri-food industries. Mr. Riggs complements Commerce and IT degrees with an MBA in Sustainable Development.

“All modern industries are data driven and the cannabis industry, with its global market, nascent supply chain and disruptive characteristics, will be no exception,” said Brian Athaide, TGOD’s CEO. “An integrated, real-time business intelligence capability, combined with artificial intelligence capabilities that can anticipate and adapt to industry dynamics will enhance TGOD’s ability to dominate the organic market segment, rationalize investments and maintain competitive differentiation. We look forward to having Mr. Riggs join our team.”

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD

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.

CONTACT INFORMATION
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
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 recreational cannabis and cannabis-infused products in Canada, 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 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.

Thursday, July 26th, 2018 Uncategorized Comments Off

$SNNVF Unaware of Any Material Change in the Company’s Operations

VANCOUVER, British Columbia, July 26, 2018 — via NetworkWire — At the request of Investment Industry Regulatory Organization of Canada (“IIROC”), Sunniva Inc. (CSE:SNN) (OTCQX:SNNVF) (“Sunniva” or the “Company”) wishes to confirm that the Company’s management is unaware of any material change in the Company’s operations that would account for the recent change in market activity.

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

About Sunniva Inc.

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

For more information please visit: www.sunniva.com

Contact Information:
Dr. Anthony Holler
Chairman and Chief Executive Officer
ir@sunniva.com

Thursday, July 26th, 2018 Uncategorized Comments Off

$PBIO Patented Ultra-Shear Tech Focus of New Government-Funded Food Safety

Federal four-year grant awarded to Ohio State University to fund research program with PBIO
Goal is development of manufacturing process to keep foods fresh without costly refrigerated transport/storage and safe without chemical additives
PBIO’s Ultra-Shear Technology (“UST”) allows food manufacturers to manufacture healthier beverages and other foods that retain flavor and preserve product’s wholesome ingredients, potentially affecting future food processing around the world
Dairy alternative beverage market, which grew 18 percent from 2009 to 2014 to reach $18.9 billion, fueled by consumers seeking tasty, nutrient-dense, convenient options for on-the-go lifestyles
Consumers increasingly value “clean-label” foods, with 73 percent stating that they would pay more for food or drink products made safely with recognizable ingredients
Global dairy market projected at $442 billion by 2019 with a CAGR of six percent

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

More from NetworkNewsWire

About NetworkNewsWire

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

Thursday, July 26th, 2018 Uncategorized Comments Off

Uncategorized

The Green Organic Dutchman (TSX: TGOD) (OTC: TGODF)

$NETE SeeThruEquity Posts Update

$ABCCF Changes Company Name to VIVO Cannabis

$TGODF Posts Record Date for Spinout Transaction

$SNNVF Set to Reach Full Value of Assets via Planned Spinoff

$PBIO UST Technology Could Transform Modern Food Preservation

$FRSX Creates Advanced Driving Safety Solutions

$DPW Subsidiary Receives $2M Supplemental Order from U.S. Defense Contractor

$TGODF Posts Record Date for Spinout Transaction

$SNNVF Subsidiary Inks Another Supply Contract for Upcoming Cannabis Crop

$ABCCF Announces Company Name Change to VIVO Cannabis™

$DPW Why DPW Holdings is “One to Watch”

$ABCCF Enters Definitive Agreement to Acquire Canna Farms Ltd.

$PFSF Signs Letter of Intent with Leading Brazilian Nut Exporter

$NETE Fights Fraud with Disposable Credit Card Numbers on its Netevia Platform

$ABCCF Enters Definitive Agreement to Acquire Canna Farms Ltd.

$SNNVF Signs Cannabis Extraction Deal with $NUGS

$PFSF Develops Innovative Trade Portal Utilizing Secure Blockchain Databases

$NETE Subsidiary Acquires $2.7M Cash Flow Assets

$HMMR Renews LOI to Acquire 1stPoint Communications

$SNNVF Signs Cannabis Extraction Deal with $NUGS

$PFSF Develops Innovative Trade Portal Utilizing Secure Blockchain Databases

$ABCCF Announces its First Recreational Cannabis Brand

$PFSF Coverage Initiated via NetworkNewsWire

$NUGL Launches Brand Locator and Profile Claiming Features to Bolster App

$FRSX Increases Ownership in Rail Vision, Lands Sale of QuadSight™ Prototype

$ABCCF Introduces FIRESIDE Recreational Cannabis Brand

$TGODF Announces Appointment of Geoff Riggs as Chief Information Officer

$SNNVF Unaware of Any Material Change in the Company’s Operations

$PBIO Patented Ultra-Shear Tech Focus of New Government-Funded Food Safety

TraderPower Featured Companies

Top Small Cap Market News

Recent Posts

Recent Comments

Archives

Categories

Meta