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$SNNVF to Spinoff Canadian Assets to Unlock Underlying Value

  • 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://cnw.fm/pBkO0).

Canadian assets in the proposal, designed to unlock the underlying value of Sunniva’s assets on both…

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

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Friday, July 13th, 2018 Uncategorized Comments Off on $SNNVF to Spinoff Canadian Assets to Unlock Underlying Value

$PBIO Collaborates with Ohio State University to Study Ultra-Shear Technology

Global life sciences company Pressure BioSciences (OTCQB: PBIO) was recently highlighted in a release by The Ohio State University detailing the university’s upcoming study regarding healthier food and beverage options.  Per the news release, a team of scientists from Ohio State’s College of Food, Agricultural, and Environmental Sciences (“CFAES”) has been awarded a four-year, $891,000 grant from the U.S. Department of Agriculture’s (“USDA”) National Institute of Food and Agriculture. The main objective of the grant is to develop an innovative manufacturing technology to preserve food and beverages using wholesome, identifiable ingredients, no artificial preservatives and reduced use of heat, by utilizing Ultra-Shear Technology (“UST”). UST is an innovative method that enables beverage companies to manufacture healthier beverages by reducing thermal exposure through the combined application of elevated pressure, shear, and controlled times and temperatures.

V.M. Dr. “Bala” Balasubramaniam, a CFAES professor of food engineering, is leading the research project. Dr. Bala 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,” Dr. Balasubramaniam stated in the news release.

The CFAES research team will collaborate with scientists and engineers at Pressure BioSciences during the project, including Edmund Ting, a senior vice president at PBIO. Ting will lead the development of the laboratory scale and pilot plant equipment that CFAES and the company’s researchers will use in the research project. “It has been rewarding to see the significant growth of high-pressure food and beverage processing over the last 25 years,” PBIO senior vice president Edmund 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.”

To view the full press release, visit: http://nnw.fm/I3u4a

About Pressure BioSciences Inc.

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

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

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

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

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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Friday, July 13th, 2018 Uncategorized Comments Off on $PBIO Collaborates with Ohio State University to Study Ultra-Shear Technology

$NETE Announces Significant YOY Transaction Processing Volume Growth

  • Net Element experiencing organic year-over-year growth in all segments
  • Total dollars processed for the first six months of 2018 have increased 37 percent over the same period of 2017
  • Total transactions processed in the first six months of 2018 have increased to 50.2 million, compared to 35.7 million during the same period of 2017

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) recently announced significant year-over-year growth in its transaction processing volume (http://nnw.fm/0xQo7).

Net Element’s transaction processing volumes have increased substantially during the first six months of 2018, as compared with the same period of 2017. The total dollars processed by the company between January and June 2018 increased by 37 percent year-over-year, growing from a transaction volume of $1.18 billion during the first six months of 2017 to $1.62 billion during that same time frame in 2018. Net Element’s North America transaction solutions segment has shown the most growth, increasing from $1 billion in the first six months of 2017 to $1.4 billion in 2018 – an increase of 40 percent. This increase has been led by significant growth from the company’s Unified Payments subsidiary. There was a 20 percent increase in international transaction solutions, as well, which grew from $176 million in the first six months of 2017 to $211 million during the same time period this year.

The total transactions processed by Net Element amounted to 50.2 million during the first six months of 2018, up from 35.7 million during the same period of 2017. This was also primarily due to North America transactions, which increased from 20 million to 28.1 million. Total international transactions solutions processed grew from 15 million in the first six months of 2017 to 21 million during the same period of 2018. These results include a reorganization of the company’s mobile payments segment into its international transactions solutions segments. In all segments, growth has been organic.

Net Element’s impressive and ongoing growth across all segments is being driven by the company’s innovative, customer-focused value-added services and products. The company plans to implement measures to ensure continued results from these growth initiatives well into the future.

Net Element also recently announced that independent equity research firm JGR Capital has distributed a research note on the company (http://nnw.fm/vPf4K). The report highlights developments in Net Element’s Netevia platform and Unified Payments subsidiary; intentions to improve revenue generation by adding a smart solution for secure vendor payments to the Netevia platform; and the intelligent payment solution recently launched by Unified Payments specifically for the multibillion-dollar events industry.

Net Element is a leading global provider of mobile payments and value-added transactional services, delivering market- and industry-specific expertise and solutions and driving growth for its clients by anticipating market changes rather than merely reacting to them. Net Element enables global commerce, focusing on innovative, comprehensive, secure and scalable solutions that allow merchants to streamline their businesses.

At the helm of Net Element is a leadership team composed of industry experts and innovators who each bring a distinctive mixture of vision, leadership, expertise and creative energy to the company.

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

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About NetworkNewsWire

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

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

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

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www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Friday, July 13th, 2018 Uncategorized Comments Off on $NETE Announces Significant YOY Transaction Processing Volume Growth

$FRSX NetworkNewsAudio Announces Audio Press Release

New York, New York–(July 13, 2018) – NetworkNewsAudio announces the Audio Press Release (APR) titled “$7 Trillion Annual Market Projected for Autonomous Autos by 2050” featuring Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX).

To hear the NetworkNewsAudio version, visit: http://nnw.fm/vc9V0

To read the full editorial, visit: http://nnw.fm/8Ko3h

A recognized innovator in automotive vision systems and driver assistance technology, Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) has set new standards with its passive sensor system that uses multiple visual light and infrared cameras in stereoscopic technology to interpret surroundings. Mimicking human depth perception, synchronized cameras produce a three-dimensional image that can anticipate possible collisions with other vehicles or objects. Foresight’s leading product, QuadSight™, achieves near 100 percent obstacle detection with near zero false alerts.

“At Foresight, we believe that a car’s vision system should be nothing less than perfect,” stated Haim Siboni, CEO of Foresight. “Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption.”

About Foresight

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

About NetworkNewsAudio

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

For more information, visit: www.NetworkNewsAudio.com.

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

Forward-Looking Statements

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

Corporate Communications Contact:

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

Friday, July 13th, 2018 Uncategorized Comments Off on $FRSX NetworkNewsAudio Announces Audio Press Release

$NETE Reports Significant Increase in Transaction Processing Volume

Company Demonstrates Year-Over-Year Transaction Dollar Processing Growth of 37%

MIAMI, FL, July 11, 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, today announces an increase in transaction processing volumes for the first six months of 2018 as compared to the same period in 2017.

Total dollars processed from January 2018 through June 2018 increased 37% to $1.62 billion from $1.18 billion in transaction volume during the same period in 2017.  Led by robust growth from our subsidiary Unified Payments, North America Transaction Solutions segment saw the largest increase of 40% to $1.4 billion from $1 billion. International Transactions Solutions increased 20% to $211 million from $176 million.

Oleg Firer, CEO of Net Element, commented, “We are pleased with our continued growth across all segments. Our growth is facilitated by our innovative, customer-focused value-added products and services. We are confident this trend will continue for the balance of 2018 and intend on putting measures in place to ensure these growth initiatives continue to deliver results well into the future.”

Total transactions processed during the first six months of 2018 were 50.2 million compared to 35.7 million for the same period in 2017. The 41% increase in transactions processed came primarily from North America Transactions Solutions which saw a 41% increase to 28.1 million from 20 million. International Transactions Solutions processed 21 million versus 15 million, which represents a 40% increase. Growth in all segments was organic.  The above results include the reorganization of the mobile payments segment into the International Transactions Solutions segment.

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 what if any measures will be adopted by the company and whether the Company will experience continued growth and further expansion locally or internationally for the remainder of 2018 or beyond. 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:
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Thursday, July 12th, 2018 Uncategorized Comments Off on $NETE Reports Significant Increase in Transaction Processing Volume

$FRSX Increases Ownership in Rail Vision Becoming Largest Shareholder

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), an innovator in automotive vision systems, announced today that it has increased its ownership in Rail Vision Ltd. and is now the largest shareholder. Foresight exercised $2.24 million of warrants, raising their ownership stake to approximately 35% of issued and outstanding shares and 34% on a fully diluted basis.

Rail Vision is a developer and market leader of unique solutions and vision-based systems for advanced safety, asset and fleet management in the rail industry. In December 2017, Rail Vision completed a successful trial of its unique vision-based system with a leading European railway company. The trial was conducted under harsh winter conditions with minimal light and demonstrated the system’s real-time capabilities to detect and classify obstacles at distances of several hundred meters.

“Foresight is pleased to increase its investment in Rail Vision,” commented Haim Siboni, CEO of Foresight. “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.”

For more information about Foresight and its wholly owned subsidiary, Foresight Automotive, please visit www.foresightauto.com, follow @ForesightAuto on Twitter, or join Foresight Automotive on LinkedIn.

About Foresight

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

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses the potential of Rail Vision’s products and that Rail Vision’s capabilities will become the standard in the market. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: the overall global economic environment; the impact of competition and new technologies in the rail industry; general market, political and economic conditions in the countries in which Rail Vision operates; Rail Vision’s projected capital expenditures and liquidity; changes in Rail Vision’s strategy; and any litigation concerning Rail Vision.

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

 

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

Thursday, July 12th, 2018 Uncategorized Comments Off on $FRSX Increases Ownership in Rail Vision Becoming Largest Shareholder

$TMSR working with NetworkNewsWire

NEW YORK, July 11, 2018 — TMSR Holding Company Limited (NASDAQ:TMSR), a holding company with its subsidiaries engaging in the production and sales of solid waste recycling and comprehensive utilization equipment, announces it has engaged the corporate communications expertise of NetworkNewsWire (“NNW”).

TMSR, together with its subsidiaries, is a recognized leader in the research, development, production and sale of solid waste recycling systems and zero emissions process systems for the industrial and mining sectors in the People’s Republic of China. The company, through its wholly-owned subsidiaries, operates two divisions: Shengrong Environmental and Wuhan HOST Coating Materials.

Demand for TMSR’s products is expected to grow significantly due to Chinese policies that encourage mining and manufacturing companies to adopt “green” technology. Approximately 3 billion tons of industrial solid waste were generated annually in China between 2011 through 2016.  Currently, 95 percent of industrial solid waste in China is stored in special facilities and sites; however, the cost of storage, disposal and incineration of industrial solid wastes is high. TMSR is focused on exploiting this unmet need, providing end users in the solid waste recycling markets a clean alternative to traditional waste disposal, significantly reducing solid waste discharge into the environment and enabling end users to extract value from industrial waste materials.

NNW 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 TMSR, 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.

“TMSR operates in one of the fastest growing markets in the world. The company’s green technology systems provide significant opportunity in the People’s Republic of China, where policies encourage industrial solid waste recycling,” states Sherri Franklin, Director of Client Solutions for NNW. “We look forward to assisting TMSR with its corporate communications campaign as it pursues exciting market verticals.”

About TMSR Holding Company Limited

Founded in 2009, TMSR Holding Company Limited, through its wholly owned subsidiaries, engages in two business divisions. Shengrong Environmental is in the research, development, production and sale of an array of solid waste recycling systems for the mining and industrial sectors in the PRC. Wuhan Hos is in the business of research, development, production and sale of coating materials.

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

Wednesday, July 11th, 2018 Uncategorized Comments Off on $TMSR working with NetworkNewsWire

$NETE Announces Growth in Transaction Processing Volume

MIAMI, FL, July 11, 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, today announces an increase in transaction processing volumes for the first six months of 2018 as compared to the same period in 2017.

Total dollars processed from January 2018 through June 2018 increased 37% to $1.62 billion from $1.18 billion in transaction volume during the same period in 2017.  Led by robust growth from our subsidiary Unified Payments, North America Transaction Solutions segment saw the largest increase of 40% to $1.4 billion from $1 billion. International Transactions Solutions increased 20% to $211 million from $176 million.

Oleg Firer, CEO of Net Element, commented, “We are pleased with our continued growth across all segments. Our growth is facilitated by our innovative, customer-focused value-added products and services. We are confident this trend will continue for the balance of 2018 and intend on putting measures in place to ensure these growth initiatives continue to deliver results well into the future.”

Total transactions processed during the first six months of 2018 were 50.2 million compared to 35.7 million for the same period in 2017. The 41% increase in transactions processed came primarily from North America Transactions Solutions which saw a 41% increase to 28.1 million from 20 million. International Transactions Solutions processed 21 million versus 15 million, which represents a 40% increase. Growth in all segments was organic.  The above results include the reorganization of the mobile payments segment into the International Transactions Solutions segment.

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 what if any measures will be adopted by the company and whether the Company will experience continued growth and further expansion locally or internationally for the remainder of 2018 or beyond. 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

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$FRSX Announces Another Sale of QuadSight™ Prototype

NESS ZIONA, Israel

The system was ordered by a leading global Chinese electric vehicle manufacturer

Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, today announced the sale of another prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market.

Designed to allow near-100% obstacle detection under any weather and lighting conditions, the system was ordered by a leading Chinese electric and autonomous vehicle manufacturer to evaluate the system and its performance with the manufacturer’s current electric vehicles. The vehicle manufacturer may choose to integrate QuadSight™ into its future autonomous electric vehicles upon successful testing. Revenue from the prototype system sale is expected to total tens of thousands of dollars.

“According to a report by Frost & Sullivan earlier this year, more than 1.2 million electric vehicles were sold globally in 2017. Notably, China led the market with 49.5% of total sales,” stated Doron Cohadier, Foresight’s VP of Business Development. “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.”

This and any future sale of QuadSight™ prototypes is expected to provide Foresight with important customer feedback and a deeper understanding of each customer’s main requirements, while also allowing Foresight to modify the system to accommodate various customer needs within a short period of time. Customer satisfaction at the end of the evaluation process may lead to orders of QuadSight™systems by the vehicle manufacturer for mass production.

By selling additional prototypes, Foresight intends to increase awareness of its unique solution, address additional potential customers, and expand its presence with vehicle manufacturers and tier-one automotive suppliers. Foresight believes that a closer evaluation of the technology by potential customers may lead to future collaborations in research and development, integration and commercialization of the QuadSight™.

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

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

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

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, Foresight is using forward-looking statements in this press release when it discusses that the QuadSightTM system may be integrated into the manufacturer’s future vehicles, amount of revenue, that the QuadSight™ system may be well suited for the evolving Chinese electric vehicle market, that sales of QuadSightTM prototypes are expected to provide important customer feedback, that sales of QuadSightTM prototypes will strengthen relationships with potential customers, that customer satisfaction may lead to orders of QuadSightTM systems by the vehicle manufacturer, increasing awareness of its unique solution, addressing potential customers, expanding presence by selling additional prototypes, and that a closer evaluation of the technology by potential customers may lead to future collaborations in research and development, integration and commercialization of the QuadSight™. In addition, Foresight is using forward-looking statements when it discusses that it intends to increase awareness of its unique solutions, to address potential customers and expand its presence with vehicle manufacturers and automotive tier one suppliers by selling additional prototypes. Because such statements deal with future events and are based on Foresight’s current expectations, they are subject to various risks and uncertainties and actual results, performance or achievements of Foresight could differ materially from those described in or implied by the statements in this press release.

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

 

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

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About NetworkNewsWire

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

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

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

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$SNNVF Announces Plans to Spin Out and List Canadian Assets

Sunniva (CSE: SNN) (OTCQX: SNNVF), a vertically integrated cannabis company, this morning announced that it plans to spin out its Canadian assets into a separate Canadian entity and to apply to list the shares on the Toronto Stock Exchange (“TSX”) and the NASDAQ Stock Market (“NASDAQ”). Per the update, the purpose of the transaction is to attain the underlying value of Sunniva’s assets on both sides of the border. Upon completion of the spinout transaction, which is subject to various conditions such as shareholder and exchange approval, Canadian assets would include Sunniva Medical Inc. (“SMI”), which is currently building the Sunniva Canada Campus in British Columbia. Shareholders will receive an information circular regarding the proposed spinout which will include information on the management, board of directors, financial statements and business plans of each of the entities. A meeting of the shareholders of Sunniva will be required. Existing Sunniva shareholders at the record date of the meeting will obtain a proportionate number of shares in the new entity and continue to hold a proportionate number of shares in the current CSE listed entity. Sunniva has retained Canaccord Genuity Corp. to act as a financial advisor in connection with the transaction and other strategic initiatives.

“We feel Sunniva is undervalued and through the Spinoff Transaction we hope to unlock significant value for our existing shareholders. Creating a new Canadian company with our Canadian assets and listing them on the TSX and NASDAQ would be 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,” Dr. Holler, CEO of Sunniva stated in the news release. “Our CSE listed entity, Sunniva Inc., will continue to focus on full vertical integration in California and other states with a focus on potential mergers and acquisitions or partnerships, further expansion of licensed retail outlets, and the near term launching of Sunniva branded products. Our initial flagship 325,000 square foot purpose-built cGMP designed Sunniva California Campus in Cathedral City which includes our flagship Sunniva onsite dispensary is anticipated to be operational in Q4 2018 and our extraction facility commenced operations in June 2018.”

To view the full press release, visit: http://nnw.fm/W2gkV

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 further 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, visit the company’s website at www.Sunniva.com.

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About NetworkNewsWire

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

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

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

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$NUGL Hires Seasoned CFO

LOS ANGELES, July 10, 2018 — via NetworkWire – NUGL Inc. (OTC:NUGL) (the “Company”), the cannabis industry’s new standard of technology, today announces it has hired Thomas Bouse, CPA, as the new Chief Financial Officer (“CFO”) of NUGL Inc. Bouse will replace Brandon Vargas who has been acting interim CFO. NUGL’s appointment of a highly qualified CFO is strategically tied to the Company’s ongoing financial audit.

“Tom has an extensive background with corporate taxes. He also understands how to manage a company’s tax flow in rapid growth modes,” said Brandon Vargas, CEO of NUGL.

Tom Bouse is the founder and owner of Pacific Rim Tax and Accounting, headquartered in Huntington Beach, California. His expertise in tax services, accounting, consulting and financial planning, along with two decades of dedicated service to owners and entrepreneurs of all sizes of business, is unparalleled. He began his career at a full-service CPA firm specializing in taxation, IRS audits, tax settlement, business filings and tax returns.

A move to PriceWaterhouseCoopers, the second largest professional services firm in the world and one of the Big Four auditors, allowed Tom to apply his knowledge to medium and large businesses. While there, he developed a broader understanding of complex corporate issues and how to identify opportunities across various industries.

In 2005, Tom purchased and managed a large bookkeeping, tax preparation and payroll practice in north San Diego County, California, specializing in tax planning, tax settlement, tax compliance and start-up consulting. His new, full service boutique – Pacific Rim Tax and Accounting – provides business consulting services and caters to all aspects of tax and accounting related matters, ultimately freeing clients up to focus on successful strategies for corporate and personal growth.

“As NUGL grows sales and expands the software platform, it is equally important to grow our infrastructure and prepare for the next step in growth for the company,” said Jeff Odle, CTO.

NUGL’s marijuana-focused search engine and online directory is a software application with metasearch technology that functions like an app on any device. It serves as both a networking platform for companies in the cannabis industry and as a directory that enables users to search profiles. The database includes listings for dispensaries, strains, doctors, lawyers, service professionals, vape shops, hydro stores and brands.

NUGL continues to improve with the launch of weekly features for the software. Users of the NUGL platform can now set up services, brands and shops under their profiles. This new feature enables users to link all of their companies under a single profile. New users are signing up daily for the Apple and Android apps, now available in Google Play and the iTunes Store. NUGL’s niche in the market will ultimately be focused on brands and services within the 420 industry that have not been represented on the internet until now.

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

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)
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www.NetworkNewsWire.com
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$DJACF Subsidiary Takes a Look Back at The History of Cannabis

DOJA Cannabis Ltd., a wholly-owned subsidiary of Hiku Brands Co. Ltd. (CSE: HIKU) (OTC: DJACF), recently posted a blog update detailing the history of Cannabis in British Columbia. Dating all the way back to the 1600s, hemp has proven to be a valuable crop in the Canadian Province. Per the article, hemp was grown in parts of Canada since the 1600s as a cash crop, providing the British Navy with material for rope and sails. Years later, doctors praised extracts of the plant for positive effects in treating medical conditions. However, Canada prohibited cannabis in the 1920s, along with other substances such as opiates and cocaine. Almost a century later, the plant has again been accepted by the Canadian government, with the impending legalization of recreational use expected to go into effect later this year. As a company that is federally licensed to cultivate and sell cannabis pursuant to the Access to Cannabis for Medical Purposes Regulations (“ACMPR”), DOJA is set to profit handsomely from the approaching legalization.

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

About Hiku

Hiku is focused on building a portfolio of engaging cannabis brands, unsurpassed retail experiences and handcrafted cannabis production. With a national retail footprint led by Tokyo Smoke, craft cannabis production through DOJA’s ACMPR licensed grow, and Van der Pop’s female-focused educational platforms, Hiku houses an industry-leading portfolio that aims to set the bar for cannabis brands in Canada. Hiku’s wholly-owned subsidiary, DOJA Cannabis Ltd., is federally licensed to cultivate and sell cannabis pursuant to the ACMPR, owning two production facilities in the heart of British Columbia’s Okanagan Valley. Hiku’s subsidiary, Tokyo Smoke, has been conditionally awarded one of four master retail licenses in Manitoba. Hiku also operates a network of retail stores selling coffee, clothing and curated accessories, across British Columbia, Alberta and Ontario. For more information, visit the company’s website at www.Hiku.com.

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About NetworkNewsWire

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

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

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

NetworkNewsWire (NNW)
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212.418.1217 Office
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$TGODF Posts Letter to Shareholders

TORONTO, July 09, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD)(US:TGODF) is a company built on innovation with the goal of becoming the largest organic cannabis producer in the world. The path is clearly evident from the way we have financed the Company with our retail first approach, to our strategic hires, recent expansion, exclusive licensing deals, entering international markets and most importantly, TGOD’s organic differentiation.

The transition from Mr. Robert Anderson to myself although abrupt and untimely, was one that was a planned evolution before the end of the year. As TGOD moves into full production Rob was to move into the executive Chair position providing vision and supporting financing activities. My experience of more than 26 years at senior levels of companies such as Proctor and Gamble running multiple international consumer packed goods operations was his choice for succession to take TGOD to the worldwide markets as the leading organic brand.

Rob had a vision, a vision of doing things the right way, a vision that retail investors have the ability to be so much more than just shareholders. They can become patients of the medical market, customers of the recreational market and brand ambassadors. These are cannabis enthusiasts, advocates, consumers, and from day one TGOD has aimed to empower those passionate about cannabis to invest alongside the management team and create the largest organic cannabis brand in the world. A large portion of what has made TGOD so special today is that vision, and it’s that same vision, that same philosophy, that I want to continue delivering for TGOD and TGOD’s shareholders. That was Rob’s vision, and that is my vision.

Everyone at TGOD would like to sincerely wish Rob a full and swift recovery. He has done so much for our Company, driven us forward at a rapid pace and established an incredible management team to succeed. I am grateful Rob will remain available to advise us as needed.  With the condition he is cleared medically, it is anticipated he would come back to join the TGOD family in a senior position.  Our plan is in place, the path is paved, and we will not deviate.

TGOD possesses one of the most well-rounded, driven and experienced management teams in the industry. Our board of directors has significant corporate experience specific to consumer-packaged goods, consumer products, and finance including experience in multiple successful acquisitions. Our leadership team has skillsets in all aspects of business including financial management, international markets, mergers & acquisitions, operations, project management, marketing, branding, and sales for some of the largest companies on the planet including Proctor & Gamble, Cott and Weightwatchers. We are focused on becoming the Wholefoods of the cannabis industry and recognized as pioneers in THC/CBD infused beverage industry.

As I transition into the CEO role, it comes down to operations and building a brand. A few recent highlights include:

• Strong cash position: $300 million
• Ontario Cultivation: 150,000 sq. ft. facility in Hamilton under construction, scheduled to open in the first quarter of 2019, capable of producing 14,000 kgs of premium organic cannabis
• Quebec Cultivation: 820,000 sq. ft. facility in Valleyfield under construction, scheduled to open in the first half of 2019 capable of producing 142,000 kgs of premium organic cannabis (Visit www.tgod.ca to see the latest construction videos)
• Jamaican JV: with Epican Medicinals Ltd., capable of producing an additional 14,000 kgs of premium organic cannabis. Jamaica represents the first of many strategic partnerships we intend to execute in the coming months and includes licenses for: cultivation, extraction, manufacturing, and retail distribution
• Denmark JV: with Queen Genetics, & Knud Jepsen adding the potential for an additional 25,000 kgs funded capacity, bringing TGOD European cultivation, R&D and a distribution centre.
• 170,000 kg funded capacity, with potential for 195,000 kg (upon completion of definitive agreement with Denmark JV)
• 
Aurora Cannabis, Strategic partner: Aurora (TSX:ACB) is the largest, most innovative cannabis company in the world. They invested over $78.1 million into our Company, validating everything from our organic strategy, to our R&D & beverage divisions, to our management team and international expansion plans. Our partnership is truly unique and our respect for Terry Booth and his team is great.  In addition, we are fortunate to have Cam Battley, Aurora’s CCO, one of the most respected industry leaders, sit on our Board of Directors.
• Largest ETF Holding: We are recognized as the #1 holding in the largest cannabis ETF in the United States
• Licensing partnerships: US states have become landlocked. We can export IP, and license various technologies using our land and our licenses to manufacture branded products in Canada, and own the international sales and distribution channels.

  • Stillwater’s, Ripple SC: soluble cannabinoids
  • Evolab: the number one selling vaporizer in Colorado
  • CBx Sciences: medical and recreational cannabis products, R&D and cannabis specific IP

• Launch of strategic Beverage Science and Research Division, 40,000 kg annual capacity cultivation facility dedicated to beverage, and appointment of Prem Virmani as beverage science and research division chair. Prem is the former senior vice-president of global science and research for Cott Beverages Inc.
• Developing a beverage platform moving us into much higher margin products for the future. Our team has over 125-years executive experience in consumer-packaged goods, beverage, and beverage alcohol, more than any other company in the industry
• Cultivation License: for Valleyfield granted & Oils license for Hamilton granted.
• $25 million bought deal @$6.40
• Largest IPO in Cannabis history, raising $132.1 million and listing on the world’s premier exchange for cannabis companies, the Toronto Stock Exchange
• Certified Organic product and process by Eco-Cert
• Focus on executing with excellence

TGOD is committed to building the largest organic cannabis brand in the world. Organic is a lifestyle choice, and everything we are building stands for organic. From our Eco-cert organic certification, to our LEED certified construction and GMP compliant facilities. We are committed to sustainability and reducing our carbon footprint by developing some of the most advanced, automated hybrid facilities in existence, helping us produce the highest quality cannabis for the lowest possible cost.

By leveraging our combined experience, we plan to secure additional partnerships, joint ventures, and licensing arrangements with companies across varying jurisdictions in the United States and international markets. We will set up cultivation around the world for domestic, and international expansion. We will utilize our experience in the beverage and alcohol beverage industries to provide a strategic pathway into the cannabis market for large-scale beverage companies by way of direct investment, joint venture or other suitable opportunities. With one of the most dedicated, hard-working and well-rounded teams in the cannabis industry, and we will continue to execute on the business plan. Our plan is in place, the path is paved, and we will not deviate.

In closing, some of Rob’s greatest insights, vision and projects have yet to come to conclusion and as the new CEO I plan to execute them as soon as possible which should lead to many exciting days ahead.

Brian Athaide, CEO
The Green Organic Dutchman

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

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

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

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$315 million dollars and has over 20,000 shareholders.

TGOD’s common shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

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 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 and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Monday, July 9th, 2018 Uncategorized Comments Off on $TGODF Posts Letter to Shareholders

$NETE Netevia Platform Streamlines B2B Transactions

  • Netevia platform now includes a smart vendor payments solution
  • New feature marks Netevia’s entry into $7.7 trillion B2B sales market
  • New solution streamlines B2B payments and cuts costs associated with sending payments

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) recently announced that it has extended its next-generation Netevia platform to now include a smart solution that enables secure vendor payment transactions.

With its intuitive, user-centric web and mobile platform interface, this vendor payments solution effectively streamlines B2B payments by enhancing payment processes and also cuts the costs associated with sending payments.

As B2B business continues to dwarf B2C business—with global B2B sales estimated at $7.7 trillion, according to Statista, while B2C sales trail far behind at $2.3 trillion—Netevia’s cutting-edge solution is just what this booming market needs to resolve key issues. Standout features of Netevia include:

  • The ability to safely and electronically deliver payments utilizing a secure, single-use dynamic credit card number; only the designated single vendor can process these payments, and only for a specific amount; additional controls have been included to enhance security and flexibility
  • Works seamlessly with existing accounting systems, requiring no complicated setup or integration
  • Customer support is available 24/7 via phone, email and live chat

Netevia gives business owners all the building blocks they need to integrate payment acceptance into their e-commerce solutions, granting them immediate access to the sandbox for integration and providing them with quick merchant account approval.

Enabling vendor payments on the Netevia platform further solidifies Netevia as a premium market platform that arms SMBs with innovative, comprehensive card payments-oriented solutions to help them improve their operations. Additional exciting features on the horizon for Netevia include:

  • Free processing in exchange for data;
  • A gift card solution to drive repeat business and increase sales;
  • Cryptocurrency payment processing solutions for multichannel transactions; and
  • Integration with smart terminals for card present sales.

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

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

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Monday, July 9th, 2018 Uncategorized Comments Off on $NETE Netevia Platform Streamlines B2B Transactions

$FRSX Leverages the Advantages of Passive Sensors

  • FRSX’s QuadSight™ multi-camera vision solution is a stereoscopic system that detects obstacles in all weather and lighting conditions designed for semi-autonomous and autonomous vehicles
  • In its corporate presentation, FRSX cites projection of the autonomous self-driving vehicle market reaching $60 billion by 2030, from Mordor Intelligence LLP
  • FRSX has in development its Eyes-On™ and Eye-Net™ patent-pending accident prevention solutions

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), in an audio press release, detailed the advantages of its passive sensor vision system versus active ones. As sensors will play a key role in the development of self-driving vehicles, FRSX’s QuadSight™ passive sensor system uses available light for its visible light cameras and thermal radiation of objects for its infrared cameras (http://nnw.fm/wW9G3).

FRSX’s stereoscopic technology leverages the advantages of passive sensors rather than active systems. It employs two synchronized cameras to mimic 3D human depth perception. In contrast, active sensors emit energy that may interfere with others, resulting in the possibility of some objects going undetected. QuadSight does not rely on pattern recognition. Rather, it is a passive stereo vision system that uses advanced image processing algorithms for accurate depth analysis and detects objects from available light and thermal radiation caught by its infrared cameras.

Israel-based FRSX, through wholly owned subsidiary Foresight Automotive, is designing, developing and commercializing advanced driver assistance systems (ADAS) for use in semi-autonomous and autonomous vehicles. It is developing several branded and patent-pending systems. Proprietary systems include Eyes-On™, an advanced ADAS system, and Eye-Net™, a cellular-based V2X accident prevention alert solution.

In its corporate presentation, the company documented that the stakes are high (http://nnw.fm/Mef2A). FRSX sees a long-term market potential for autonomous vehicles that’s projected at $60 billion by 2030, according to Mordor Intelligence LLP (http://nnw.fm/KjyB3).

In a news release, Haim Siboni, CEO of FRSX, said, “At Foresight, we believe that a car’s vision system should be nothing less than perfect. Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption.”

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

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

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Monday, July 9th, 2018 Uncategorized Comments Off on $FRSX Leverages the Advantages of Passive Sensors

$SNNVF Subsidiary Advances in Canadian Cannabis Market

  • Sunniva confirms analyst expectations with COR from Health Canada
  • Company and announcement featured in Seeking Alpha article
  • Over one million square feet of cannabis cultivation facilities under construction
  • Grow facilities in California and Canada target 60 million adults

Biopharmaceutical company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) now seems set for a place in the sun. The North American provider of cannabis products and services announced on May 29, 2018, that its wholly owned subsidiary, Sunniva Medical Inc. (“SMI”), had received a Confirmation of Readiness (COR) notification from Health Canada. The good news has not gone unnoticed, with one analyst remarking, “Sunniva Delivers As Promised,” as well as reminding investors that for Sunniva, “The Story Gets Better and Better.” Sunniva is positioned in the world’s two largest cannabis markets. The company currently has separate growing facilities under construction in the U.S., at its campus in Cathedral City, California, and in Canada at Okanagan Falls, British Columbia.

The COR received by Sunniva Medical Inc. (SMI) was issued under new rules instituted in May 2017 by Health Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR), which removed the necessity for a physical inspection of grow facilities prior to the issuance of a cultivation license. The new regime allows an applicant for a producer license to prove ‘their facility’s readiness in the form of data, photos, video, attestations from experts, etc.’, which, after review, can lead to the issue of a cultivation license. Designed to streamline the application process, the amended regulations do not remove the requirement for physical inspections entirely, but appear to place them on a scheduled timetable rather than before approval.

Although not quite a license to produce, a COR is a major step on the way to acquiring one. Sunniva certainly seems to have ‘everything lined up properly’, as a recent endorsement on Seeking Alpha testifies. Under the banner “Sunniva Delivers As Promised,” the review claims that the company might have issued its most important press release to date (http://cnw.fm/WFm3J).

The release, announcing receipt of the COR, also mentions other important company developments, such as the previously reported take or pay supply agreement with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (http://cnw.fm/g6pN4). Under the terms of the agreement, initially for two years, Canopy will purchase approximately 45 percent of Sunniva’s annual production capacity, representing 45,000 kilos of dried cannabis annually, starting in Q1 2019 or shortly thereafter. Canopy will also distribute Sunniva branded products.

Another item in the press release was the announcement that SMI had received development approval from the Regional District of Okanagan-Similkameen for construction of the Sunniva Canada Campus. SMI broke ground in early May 2018 on the 126-acre site at Okanagan Falls, British Columbia. Sunniva also revealed its plans to finance construction activities. It is currently arranging construction financing to finalize its planned state-of-the-art 740,000 square foot facility in Canada.

Work in California continues; under Phase 1 of the project there, a 325,000 square foot greenhouse with the capacity to produce 60,000 kilos of dry cannabis per year is expected to commence operations later this year. About half of that production will be used for conversion to oils and extracts. Phase 2 will increase greenhouse space by 165,000 square feet and increase annual output capacity by 40,000 kilos.

With construction at its campuses in California and Canada now well underway, Sunniva looks set to become a major supplier in this combined market of approximately 60 million adults, which is currently estimated at $9-10 billion.

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

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

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

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Friday, July 6th, 2018 Uncategorized Comments Off on $SNNVF Subsidiary Advances in Canadian Cannabis Market

$DJACF Licensed Producers that Signed Retail Supply Agreements in Alberta

This morning, a long list of licensed producers announced supply agreements with the Alberta Gaming, Liquor & Cannabis Commission to supply the province with high-quality cannabis products in anticipation of the mid-October kick-off date for recreational sales in Canada.
ABcann Global Corporation (TSXV:ABCN) (OTC:ABCCF) ABcann announced that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply the province with high-quality cannabis products. Under the terms of the agreement, ABcann will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market, which is set to open on October 17, 2018. Aphria Inc. (TSX:APH) (OTC:APHQF) Aphria announced that it has signed a Supply Agreement with the Alberta Gaming, Liquor & Cannabis Commission to provide a portfolio of high-quality cannabis and cannabis-derivative products for sale in Alberta’s adult-use market.Aurora Cannabis Inc. (TSX:ACB) (OTC:ACBFF) Aurora announced that it has entered into an agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply high-quality cannabis products for the adult consumer use market in the province. Consequently, Aurora will initially allocate up to 25,000 kg of product for the first 6 months of sales to this market. Canopy Growth Corporation (TSX:WEED) (NYSE:CGC) This morning, Canopy announced the completion of a major supply agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply the province with premium cannabis products in a variety of forms including whole-flower, oil, and Softgel capsules. Emblem Corp. (TSXV:EMC) (OTC:EMMBF) Emblem announced that its wholly owned subsidiary, Emblem Cannabis Corporation, one of Canada’s leading licensed producers, has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply the province with high quality cannabis products. Products will be available under Emblem’s new adult-use focused brand, which is expected to be announced shortly.Hiku Brands Company Ltd. (CSE:HIKU) (OTC:DJACF) This morning, Hiku announced a supply agreement between the Alberta Gaming, Liquor & Cannabis Commission and WeedMD Inc. to supply Tokyo Smoke and Van der Pop branded cannabis to the province using WeedMD product. The agreement for Tokyo Smoke and Van der Pop branded cannabis in Alberta is in addition to the previously announced Hiku supply agreement with Manitoba for the supply of approximately 2 million grams of cannabis over 12 months and represents another key piece of Hiku’s business strategy for the adult use market. As Canada’s first vertically integrated cannabis company, Hiku is an active participant in both the wholesale and future retail markets of cannabis with our award-winning brands and existing retail footprint under the Tokyo Smoke brand.Maricann Group Inc. (CSE:MARI) (OTC:MRRCF) This morning, Maricann announced that the company has entered into a supply agreement with the Alberta Gaming, Liquor & Cannabis Commission to provide the Alberta market with cannabis products. MedReleaf Corp. (TSX:LEAF) (OTC:MEDFF) This morning, MedReleaf announced that it has completed a supply agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply high quality adult recreational-use cannabis products. Under the terms of the agreement, MedReleaf is committed to supplying the AGLC with cannabis products in a variety of formats including dried flower and capsules. MedReleaf will be represented on Alberta’s cannabis store shelves and online under both the San Rafael ’71 and AltaVie brands.Newstrike Brands Ltd. (TSXV:HIP) (OTC:NWKRF) This morning, Newstrike Brands announced that its wholly-owned subsidiary, Up Cannabis Inc., has entered into a definitive Supply Agreement with the Alberta Gaming, Liquor & Cannabis Commission that will see a variety of Up Cannabis product sold via AGLC-approved strategic retail partners and locations, and through the AGLC at www.albertacannabis.org.Organigram Holdings Inc. (TSXV:OGI) (OTC:OGRMF) This morning, Organigram Hodlings, the parent company of Organigram Inc. announced that the company has signed a supply agreement with the Alberta Gaming, Liquor & Cannabis Commission in anticipation of the launch of a legal, adult use recreational cannabis market in the Province of Alberta.The Supreme Cannabis Company, Inc. (TSXV:FIRE) (OTC:SPRWF) This morning, Supreme announced that that the Company’s wholly-owned subsidiary, 7ACRES, has entered into a supply agreement with the Alberta Gaming, Liquor & Cannabis Commission to supply recreational cannabis to Alberta’s private cannabis retailers and the AGLC’s online cannabis store.WeedMD Inc. (TSXV:WMD) (OTC:WDDMF) This morning, Hiku announced a supply agreement between the Alberta Gaming, Liquor & Cannabis Commission and WeedMD Inc. to supply Tokyo Smoke and Van der Pop branded cannabis to the province using WeedMD product. The agreement for Tokyo Smoke and Van der Pop branded cannabis in Alberta is in addition to the previously announced Hiku supply agreement with Manitoba for the supply of approximately 2 million grams of cannabis over 12 months and represents another key piece of Hiku’s business strategy for the adult use market. As Canada’s first vertically integrated cannabis company, Hiku is an active participant in both the wholesale and future retail markets of cannabis with our award-winning brands and existing retail footprint under the Tokyo Smoke brand.
To stay up to date with important developments in the cannabis industry, be sure to subscribe to one or more of our free email newsletters. Also, connect with The Daily Marijuana Observer on Facebook, Twitter, StockTwits and Instagram!
Thursday, July 5th, 2018 Uncategorized Comments Off on $DJACF Licensed Producers that Signed Retail Supply Agreements in Alberta

$SNNVF Seed to Sale Setup Sizzles in World’s Two Largest Cannabis Markets

  • Operating in world’s two largest cannabis markets – California and Canada
  • Vertically integrated structure extracts value along the supply chain
  • Pre-production sales strategy mitigates risk

What can you give a company, like Vancouver, British Columbia-based Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), that seems to have everything? For starters, this vertically-integrated producer of medical and recreational cannabis has a presence in California and Canada, the world’s two largest cannabis markets. Through several wholly-owned subsidiaries, it has operations in cannabis grow facilities, cannabis extraction facilities, medical cannabis clinics and the cannabis white label business. Moreover, a large part of its estimated total output for the next two years has already been sold as pre-production, even before the completion of grow facilities – a sure signal of customer trust. Even though its grow activities are yet to make a contribution, Sunniva is already generating revenue. With all that in place, this is a company whose future looks as bright as its name, which is derived from an old English word meaning ‘gift of the sun’.

Sunniva is into large-scale low-cost production. Through subsidiary CP Logistics, the company is close to completing a cGMP-compliant greenhouse facility in Cathedral City, California, that will have an estimated annual output cannabis capacity of 100,000 kilos. cGMP (current Good Manufacturing Practice) regulations are mandated by the U.S. Food and Drug Administration (FDA) to ensure proper design, monitoring and control of manufacturing processes and facilities. Phase 1 of the project involves the development of a 325,000 square foot greenhouse capable of producing 60,000 kilos per year of dry cannabis at capacity with operations commencing in Q4 2018. Approximately 30 percent of initial production has been committed for conversion to oils and extracts. Phase 2 is expected to increase the greenhouse space by 164,000 square feet and increase output capacity by some 40,000 kilos per year.

The location and design choices were made with a focus on low-cost production in mind. The abundant sunlight in California will reduce energy costs, while the highly automated operations will ensure the most efficient production processes are employed. In California also, close to its Cathedral City Campus, Sunniva is operating an extraction facility, through subsidiary CP Logistics. The Sun Oil extraction facility, which has an oils and extracts manufacturing license, is currently being upgraded with additional equipment (http://cnw.fm/6JLbn).

Furthermore, Sunniva recently broke ground at a recently acquired facility, in Canada, with similar production capacity, and work is now continuing at that 126-acre site in Okanagan Falls, British Columbia. The 740,000 square foot facility will have an estimated output capacity of 100,000 kilos annually and is expected to become operational in Q1 2019. About 75 percent of its output will be pre-sold on a wholesale basis (http://cnw.fm/D2tP9).

Natural Health Services Ltd. is a network of medical cannabis clinics in Canada that offers patients access to medical practitioners specializing in the endocannabinoid system. This Sunniva subsidiary also connects patients with licensed producers through its SPARK proprietary software system, allowing Sunniva to capture revenue from patient purchases. As soon as the facilities become operational, Sunniva intends to start marketing its own produced cannabis  The network currently has over 95,000 patients (over one-third of all Canadian medical cannabis patients), and it has agreements in place with 27 licensed producers.

Sunniva’s seed-to-sale, vertically integrated structure is also bolstered by its Full Scale Distributers (FSD) subsidiary, which markets vaporizers and accessories under the Vapor Connoisseur brand. FSD also provides white label packaging and labelling services to over 80 brands in North America, making it a clear leader in the space. It will design custom vapor hardware for any specification of cannabis oil or concentrate. Now, with the addition of the Sun Oil Facility, customers can also have their extraction and processing done; cartridges can be filled, assembled, labeled and packaged according to their own standards and branding, as well as shipped to their final destinations.

The company recently announced voting results of the Annual General and Special Meeting of Shareholders held on June 27, 2018 (http://cnw.fm/ug1V3).

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

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

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

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Thursday, July 5th, 2018 Uncategorized Comments Off on $SNNVF Seed to Sale Setup Sizzles in World’s Two Largest Cannabis Markets

$ABCCF Secures Agreement to Supply the Alberta Retail Cannabis Market

NAPANEE, Ontario, July 05, 2018 — ABcann Global Corporation (TSX-V:ABCN) (“ABcann”) is pleased to announce that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products.  Under the terms of the agreement, ABcann will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market, which is set to open on October 17, 2018.

“Signing the supply agreement with ABcann will enable the AGLC to ensure that adult-use customers in Alberta will have access to ABcann’s premium branded cannabis products,” said Barry Fishman, CEO, ABcann Global. “Our new branding, which will be revealed this summer, is supported by extensive market research. We are confident that our customers will recognize and appreciate our product quality and consistency.”

About ABcann:

ABcann is recognized for high-quality, trusted products and services. It holds production and sales licences from Health Canada, and its flagship 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.

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

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of ABcann and its management regarding the future. Forward looking statements in this news release include statements relating to: the terms of the agreement with the AGLC; products to be revealed under ABcann’s portfolio of adult use recreational brands; the agreement with ABcann ensuring that Alberta have access to high quality cannabis under premium brands; and ABcann’s brands bringing premium quality and consistency to cannabis consumers in Alberta. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: (i) that the agreement with AGLC may not be performed as expected or at all; (ii) that ABcann may not reveal a portfolio of adult use recreational brands; (iii) that the agreement may not provide Albertans with access to high quality cannabis under premium brands; (iv) that ABcann’s brands may not bring premium quality and consistency to cannabis consumers in Alberta; and (v) other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits ABcann will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in ABcann’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 ABcann 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.

For more information about ABcann, please contact:

Barry Fishman: barry.fishman@abcannglobal.com 
Michael Bumby: michael.bumby@abcannglobal.com
Thursday, July 5th, 2018 Uncategorized Comments Off on $ABCCF Secures Agreement to Supply the Alberta Retail Cannabis Market

$HMMR on “NEW TO THE STREET” July 23, 24 & 25 on Fox Business Network

NEW YORK, July 02, 2018 — Due to an overwhelming response to the TV pilot episode of “EXPLORING THE BLOCK,” featuring MTC Docademic and special guest interview with John McAfee, FMW Media Corp. will be rebroadcasting the show on Fox Business Network on July 2, 2018 @ 11:00 PM PDT.  Viewers can check their local cable provider for channel designation in their viewing area.

The broadcasting of “NEW TO THE STREET” business TV show will be July 23, 24 & 25, 2018 @11:00 PM PDT on Fox Business Network. The Show’s new content, filmed in studio on June 28, 2018, features for the first time Hammer Fiber Optic (OTCQB:HMMR), and more interviews with returning guests, Solar Integrated Roofing Corp. (OTCPINK:SIRC), and MTC Docademic.

David Massey, CEO of Solar Integrated Roofing Corp. discusses the Company’s acquisition strategy, and what it means to the Company, its shareholders and its customers.  Further, Mr. Massey talks about the progress they have made in their efforts and what to look for from SIRC in the future.

Charles Nader, CEO and Gustavo Astiazaran, CMO of MTC Docademic, talk on the show about how Docademic changes lives utilizing the Company’s blockchain technology for the delivery of healthcare services.  Further, they both speak about new corporate relationships, services and expansion plans.  Last month, Mr. Nader’s interview about MTC Docademic was successfully featured on “EXPLORING THE BLOCK’s” 30-minute TV pilot show, which also featured an enlighten interview with special guest with John McAfee-Founder McAfee Antivirus.

“We at Docademic share the vision of providing the public with real and educative information about the benefits of new business models based on Blockchain technology. Just like ours provides in healthcare for thousands of people around the world,” states Charles Nader, CEO.

First time “NEW TO THE STREET” TV appearance, Mark Stogdill, CEO, Hammer Fiber Optics Holdings Corp., a New Jersey based Corporation, discusses their telecommunications offerings, expanding service area and their “Everything” wireless platform.

“Hammer Communications is at a truly exciting juncture in our Company’s growth, and we are thrilled with the opportunity to share our story on ’NEW TO THE STREET’ airing on the Fox Business Network,” states Mark Stogdill, CEO, Hammer Fiber Optics Holdings Corp.

“FMW Media Works Corp. is coming up on its 10th anniversary broadcasting its flagship TV program, ‘NEW TO THE STREET’ on major TV networks. The show helps brand both public and private companies about their businesses.  We are happy to add ‘EXPLORING THE BLOCK’ to our programming, as it’s a natural extension to our business.  ‘EXPLORING THE BLOCK’s’ goal is to help currently trading Blockchain and crypto companies be able to explain their business models, and their management’s vision of delivering improvements to the world,” states Vince Caruso, CEO of FMW Media Works Corp.

“NEW TO THE STREET” and “EXPLORING THE BLOCK” televised broadcasts on the Fox Business Network can reach up to 100 million homes. Check your local cable provider’s channel lineup to find Fox Business Network in your area.

FMW Media Works Corp.’s “NEW TO THE STREET” is a leading provider of business profiles and special corporate programming. FMW Media Works produces “New to the Street” which paves the way to the latest financial issues, offering a blend of business and financial services news reporting and in-depth interviews relating to new products, economic analysis, and public company profiles. “NEW TO THE STREET” airs as paid TV programming and airs in the United States reaching potentially 100 million homes, in Canada reaching potentially more than 5.3 million homes and reaching on other select viewed International stations. Visit www.newtothestreet.com.

FMW Media Works Corp.’s “EXPLORING THE BLOCK” show’s goal is to showcase, question & explore companies changing the way the world uses data and security using Blockchain Technology. The show’s aim is to create a platform to learn about the opportunities and advancements brought about by the invention of “Blockchain.” Through uncovering and interviewing companies utilizing “Blockchain” technology, the shows producers hope to explore the potential impact this technology will bring to society. FMW created this program, “Exploring the Block”, to provide viewers the most up to date news and insight into this new frontier in ”Blockchains.”

Forward-Looking Statements Disclaimer:
This press 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. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which such performance or results will be achieved. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact Information:
For “NEW TO THE STREET.”
Adam Becker
(631) 465-0284
Adam.becker@newtothestreet.com

MTC Docademic
Jane Owen
janeowenpr@gmail.com
424-279-9878

Solar Integrated Roofing Corp.
James Randolph
760-916-7444
sircpublic@gmail.com

Hammer Fiber Optics Holding Corp.
Frank Pena
fpena@hammerfiber.com

Monday, July 2nd, 2018 Uncategorized Comments Off on $HMMR on “NEW TO THE STREET” July 23, 24 & 25 on Fox Business Network

$FRSX Inks Prototype Deal, Secures Investment Funding

  • A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system
  • $12.4 million in private placement agreements signed with leading Israeli institutional investors
  • Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR

A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technological innovator in automotive vision systems and driver assistance technology headquartered in Israel, has been developing, through wholly owned subsidiary Foresight Automotive Ltd., a powerful and mature proprietary stereoscopic technology that provides real-time information to prevent accidents. Foresight’s technology is derived from major shareholder Magna B.S.P.’s field-proven security technology, which has been deployed worldwide for almost two decades. The company’s patents provide IP protection for technology that’s designed to improve driving safety with highly accurate and reliable obstacle detection vision systems.

Foresight recently announced the signing of a non-binding MOU for the company’s unique stereoscopic Eyes-On™ system with a leading importer of vehicles to Israel. The non-binding memorandum of understanding (“MOU”) with a direct importer of several leading vehicle manufacturers will see the installation of Eyes-On™ for aftermarket configuration – Foresight’s advanced driver assistance system (“ADAS”) – in several vehicle models (http://nnw.fm/rwQ2T) under a pilot program. The importer could potentially order 21,000 Eyes-On™ systems over three years, according to the agreement (http://nnw.fm/D3VGo) .

Foresight’s unique Eyes-On™ stereo vision ADAS employs advanced algorithms fr accurate depth analysis and obstacle detection. The Eyes-On system will detect all potential obstacles, including vehicles, cyclists, pedestrians, animals and inanimate objects, at a high degree of accuracy. Stereo technology is an image processing concept which uses two synchronized cameras to mimic 3D human depth perception.

Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians.

The company’s innovative automotive vision systems recently attracted private placement agreements from several leading Israeli institutional investors, including $5.5 million from Harel Insurance (http://nnw.fm/1U7qI), $4.1 million from Meitav Dash Group and $1.4 million from Psagot Investment House (http://nnw.fm/VB48v).

Grand View Research reports that the global ADAS market is expected to reach $67.43 billion by 2025, growing at a CAGR of 19 percent. Several factors, including increasing levels of government initiatives for mandating driver assistance systems in order to lower road accidents, are contributing to this robust growth pattern, the report states (http://nnw.fm/7II0u).

In 2016, passenger cars accounted for more than a 72 percent share in the global ADAS market, Grand View Research reports. With the United States and the European Union mandating that automotive manufacturers fit ADAS systems such as lane departure warning systems (LDWS) and autonomous emergency braking systems (AEBS) in vehicles by 2020, Foresight is gearing up to be a leader in this developing space.

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

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

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Monday, July 2nd, 2018 Uncategorized Comments Off on $FRSX Inks Prototype Deal, Secures Investment Funding

$TGODF Brian Athaide Appointed CEO, Golubovskaya Appointed Interim CFO

TORONTO, July 02, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) reports the resignation of CEO, Co-Chairman & Director, Mr. Robert Anderson, effective immediately, due to health concerns.

To ensure an orderly transition and continued rapid execution on the Company’s business strategy, the Board has appointed Mr. Brian Athaide, TGOD’s current CFO, to the position of CEO. Mr. Athaide has 29 years of global executive experience including CFO and Executive Vice President, Human Resources and Information Technology of Andrew Peller Limited, the largest publicly traded wine and craft alcohol producer in Canada. Mr. Athaide’s focus on value creation helped enable the stock price to increase to 400% in only three years. Previous to Andrew Peller Limited, Mr. Athaide spent 25 years at Proctor & Gamble Co., moving through progressively more senior positions across eight countries, culminating as the Finance Director and CFO of the multi-billion-dollar consumer products business across Russia, Ukraine and Central Asian markets.

Mr. Athaide has significant consumer products experience in North America, Europe, Asia, and Latin America leading acquisition integrations, developing corporate strategy, managing foreign exchange devaluations, banking crises, economic and political turmoil and high market volatility. Mr. Athaide managed to navigate all of these experiences decisively and effectively, finding new and innovative ways to achieve success, even in challenging market conditions.

The Board has also appointed Julia Golubovskaya, Vice-President, Finance as interim CFO. Ms. Golubovskaya has over 18 years of experience in consumer products, having worked with Proctor & Gamble in Canada, the USA and Russia. She has led multinational and multicultural teams in diverse financial fields across various categories and geographies. Ms. Golubovskaya has a proven ability to lead and adapt to change in challenging environments while surpassing financial goals, organizational engagement and productivity targets.

Mr. Anderson will continue to be available to assist the Company as required. The Board of Directors, management team, and all TGOD staff wish to thank Mr. Anderson for his tireless efforts and valuable contributions to the rapid and successful growth of the Company and wish him a successful recovery. Once Mr. Anderson has fully recovered, TGOD would welcome his return in any suitable capacity.

“I feel privileged to take on this new role as CEO and ensure the Company delivers on its aggressive yet de-risked business plan. TGOD has assembled an incredible leadership team with a diverse skill set across all aspects of our business including finance, M&A, sales, international markets, branding, marketing and operations. The operational and capital market aspects of the business are in exceptional hands and we will continue to execute on Rob’s vision of becoming the largest, most valuable organic cannabis brand in the world,” said CEO Brian Athaide.

Jeff Scott, currently serving as Co-Chair, will assume the role of Chairman of the Board.

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

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 116,000 kg and is building 970,000 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 dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

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 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 and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

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

Monday, July 2nd, 2018 Uncategorized Comments Off on $TGODF Brian Athaide Appointed CEO, Golubovskaya Appointed Interim CFO

$NETE Builds Comprehensive Payment Solutions Portfolio to Address New Market Dynamics

  • Net Element is enhancing its payments-as-a-service transactional platform to address the needs of small and medium-sized businesses in the U.S., as well as in select emerging markets
  • An innovative events industry extension was launched in May to tap into the rapidly growing field
  • Net Element has also announced a Netevia platform extension in the form of a smart vendor payment solution for B2B companies

Over the past couple months, Net Element, Inc. (NASDAQ: NETE) has increased its portfolio of payment solutions aimed at both huge markets and underrepresented market segments. The global technology and value-added solutions provider focuses on electronic payment acceptance in multi-channel environments.

On May 23, Net Element announced the launch of a unified payment solution for the events industry. The new solution enhances existing payment options through intelligent point-of-sale integration, as well as self-order kiosks and multi-channel payment acceptance.

The new solution will greatly benefit the rapidly growing events market. According to the Event Industry Council, this niche has generated more than $330 billion in direct spending in 2016, an increase of 18 percent since 2012 (http://nnw.fm/1VdvR). The industry has a massive impact on the U.S. economy, as it creates 5.9 million jobs and generates over $845 billion in business sales.

On June 12, Net Element announced yet another new development – a smart vendor payment solution for business-to-business (B2B) companies. The solution comes in the form of a Netevia platform extension. It enables secure vendor payments and also reduces the cost of payment processing. Payments are delivered electronically and can be processed solely by the designated vendor. Added controls increase the security and flexibility of transactions.

By enabling these additional functionalities, Netevia is becoming an efficient market platform for small and medium-sized companies looking for modern card-payment oriented solutions, according to the president of integrated payments for Net Element, Vlad Sadovskiy.

B2B ecommerce is another area currently undergoing rapid expansion. According to a Forrester report (http://nnw.fm/44gtP), B2B ecommerce transactions in the U.S. are set to hit a volume of $1.2 trillion by 2021, accounting for 13 percent of all B2B sales in the U.S., with a compound annual growth rate of 7.4 percent over the next three to four years.

Reports also suggest that half of the B2B buyers today are millennials (http://nnw.fm/WiN2O). This demographic is recognized for its specific purchasing preferences: millennials no longer tolerate cumbersome purchasing processes and are interested in reducing human interactions and digitalizing parts of the process as much as possible. Self-service capabilities and 24/7 ecommerce options will be seen as determining for the success of B2B vendors in the years to come.

This is where Net Element solutions can prove to be extremely beneficial. The company’s payments-as-a-service platform primarily targets small and medium-sized companies in the U.S. and a number of emerging markets. Additionally, blockchain technologies and other innovative solutions are constantly being explored for the purpose of growing transactional revenue and offering added value to customers.

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

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

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Monday, July 2nd, 2018 Uncategorized Comments Off on $NETE Builds Comprehensive Payment Solutions Portfolio to Address New Market Dynamics

$SNNVF Closes Purchase of Canadian Cannabis Campus; Facility Construction Advances

  • Sunniva acquires 126-acre property for cannabis production in British Columbia
  • Construction at sibling cultivation site in California continues
  • Company hosts VIP event at International Cannabis Business Conference, joins M&A panel discussion

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a rising cannabis producer that is gaining a solid foothold in the consumer-populated markets of California and Canada, has announced the close of its 126-acre site in British Columbia’s rural Okanagan Falls-Similkameen district located 45 kilometers (28 miles) north of the U.S.-Canada border.

The 126-acre industrial-zoned property will be the site for a 740,000-square-foot state-of-the-art greenhouse capable of producing an estimated 100,000 kilograms of dried cannabis per year (http://cnw.fm/4IK3f). Sunniva CEO Dr. Anthony Holler noted that the campus allows the company the option to expand with the construction of an additional facility once market demand has been established.

“This facility will produce pharmaceutical-grade cannabis products. And when I say products, it’s not just dry products — it’s all the different things, like oils, capsules, tinctures, patches, lotions,” Holler told Canada’s Global News in a June 4 interview (http://cnw.fm/QfH8d). “Because it’s a (Good Manufacturing Practice regulations compliant) facility, it can be shipped domestically and internationally. … The European Union is starting to import large quantities of cannabis from Canada with the proviso that that cannabis, whether it’s a dry product or an oil, that product has to be produced and be compliant with good manufacturing practices. So there’s obviously a bigger market than Canada out there for these products from this facility.”

The purchase, executed by the company’s Sunniva Medical Inc. (“SMI”) subsidiary, involved $3.5 million in cash plus an additional $3.5 million in vendor take back mortgage financing (“VTBMF”). The VTBMF is for a one-year term with five percent interest rate annually. The company has received the necessary development permits from the local authority and site grading is near completion.

Construction is expected to take about eight months, with production potentially beginning during the first quarter of 2019 and full-scale operations achievable another eight-to-nine months after that (http://cnw.fm/R1j7r). Sunniva previously reported that licensed producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) has contracted to buy 45,000 kilograms of product per year from SMI’s Canadian campus for an initial two-year term (http://cnw.fm/UfzI5).

In the meantime, construction has been racing ahead at Sunniva’s California facility. Holler told Public Entrepreneur that the operation at its 500,000-square-foot high-technology campus in Cathedral City is expected to begin production later this year, meaning that it could potentially deliver its first crop in Q1 2019 and join the Canada site at full-scale production later that year (http://cnw.fm/4ofLM).

On June 25, Holler addressed the recent trend toward mergers and acquisitions in the cannabis space at the International Cannabis Business Conference, Canada’s first cannabis conference since the country’s government passed a bill (http://cnw.fm/q6v8U) that eliminated the final hurdle for full legalization of the cannabis plant’s products. Holler’s comments about the company’s subsidiary strategy (http://cnw.fm/Bf2lC) were part of a panel discussion hosted by the ICBC, and Sunniva hosted the conference’s kickoff VIP gathering on June 24, featuring an opportunity for attendees to mingle with keynote speaker Henry Rollins (http://cnw.fm/p4Gw3), a musician and radio-TV personality known for his activism.

Sunniva began trading on the Canadian Securities Exchange in January and the U.S. OTCQX Market in February after a successful 2017 in which the company reported C$16.1 million in revenues, most of which came from its acquisition of Canadian cannabis clinic network Natural Health Services, which has more than 95,000 registered active patients.

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

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Monday, July 2nd, 2018 Uncategorized Comments Off on $SNNVF Closes Purchase of Canadian Cannabis Campus; Facility Construction Advances

$TGODF Adds Prem Virmani as Chair of Beverage Science and Research Division

TORONTO, June 29, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce that Prem Virmani has been appointed Chair of TGOD’s Beverage Science and Research Division.

Mr. Virmani is the former Senior Vice President of Global Science and Research for Cott Beverages, Inc. where he provided senior leadership in all aspects of beverage technology. Over the course of a 40-year career, he has demonstrated core abilities in building strong R&D organizations and leading innovation. He has led development in every major beverage category, including the Sam’s Choice cola program for Walmart, President’s Choice cola for Loblaws, and major private label brands for Publix, Wegmans and Safeway. His beverages have been enjoyed by millions of people around the globe.

Mr. Virmani’s leadership and expertise enabled Cott to become the world’s largest customer brand beverage company. This was acknowledged earlier this year, when he received induction to the Private Label Hall of Fame. Since 2015, he has also been an Adjunct Professor and on the Board of Trustees of Columbus State University in Columbus, Georgia.

“I am delighted that Prem has joined the TGOD Leadership team,” said Csaba Reider, President of TGOD. “Having worked with him extensively in the past, I am confident he will deliver consumer-preferred beverages across a wide range of categories and occasions. We will deliver maximum value through great-tasting organic edibles & beverages. No one is more qualified than Prem to help us achieve our vision.”

TGOD previously announced the construction of a 287,245 sq. ft. purpose-built production facility on its Valleyfield, Quebec property. This facility will be capable of producing 40,000 kgs of premium organic cannabis dedicated to the Beverage Division. This includes a state-of-the-art manufacturing campus to conduct strain-specific research, develop organic cannabis IP and optimize CBD and THC strains for consumption. Supply chain, packaging, flavor profile, pricing architecture, and product differentiation are key to the future of CBD/THC infused beverages.

“The recent announcement of our dedicated beverage facility within Valleyfield demonstrates our commitment to creating proprietary novel products with varying delivery methods,” said Robert Anderson, CEO of TGOD. “The appointment of such a well-respected industry veteran as Prem Virmani further validates our organic business plan. I am confident we will be ready with exceptional CBD & THC infused beverages as legalization takes place around the world.”

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.
Robert Anderson
Chief Executive Officer and Co-Chairman

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 116,000 kg and is building 970,000 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 dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

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 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 and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release.

Friday, June 29th, 2018 Uncategorized Comments Off on $TGODF Adds Prem Virmani as Chair of Beverage Science and Research Division

$SNNVF Actively Targets Cannabis Market in California

  • Landmark ruling strikes down federal law that bans states from allowing sports gambling
  • Legal experts posit that the U.S. Supreme Court’s 7-2 decision has important implications for state-legal marijuana programs
  • Sunniva’s core subsidiaries, licensed tenant cultivators gear up to supply multibillion dollar recreational, medical cannabis industries in Canada, California

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis and services provider operating in Canada and California, joins a growing cadre of voices lauding the U.S. Supreme Court’s recent decision to strike down a federal ban on sports gambling. The 7-2 landmark ruling in Murphy v. National Collegiate Athletic Association (http://cnw.fm/9ynD2) is hailed as a positive move for the cannabis industry by legal scholars, cannabis insiders and others interested in cannabis law reform (http://cnw.fm/hMn1l).

There currently are nine states in the U.S. with legalized sales of recreational cannabis on the books – with the District of Columbia legalizing its use, but not sales – while some form of cannabis use is allowed in 30 states and the District of Columbia. Meanwhile in Canada, which has allowed medical cannabis since 2001, lawmakers are poised to finalize a law allowing recreational adult-use cannabis throughout the country sometime later this year.

The U.S. Supreme Court’s decision could have implications for the cannabis industry at large, according to SCOTUSblog’s Amy Howe, who wrote: “Challenges to the federal government’s recent efforts to enforce federal marijuana laws in states that have legalized the drug for either recreational or medical use may also be based on the 10th Amendment” (http://cnw.fm/8gxOs).

Sunniva is actively targeting cannabis markets in Canada and California as it constructs cannabis grow facilities in both locations and diversifies its products and service offerings. A 126-acre Canada Campus at Okanagan Falls, British Columbia, will house a 700,000 square foot facility with an expected output capacity of 100,000 kg annually (http://cnw.fm/jQMh8). Phase one of the company’s California Campus, a 325,000 square foot greenhouse in Cathedral City, is well underway and is expected to produce 60,000 kg annually once it’s up to full operational scale in Q3 2018.

Sunniva CEO Dr. Anthony Holler notes that the company has received all temporary state licenses required in California. Sunniva’s U.S. subsidiaries hold eight 10,000 square foot cultivation licenses, two manufacturing licenses, one 22,000 square foot cultivation license, one 22,000 square foot nursery license and one 10,000 square foot nursery license. Another seven 22,000 square foot cultivation bays will be leased to selected licensed tenants, with all of Sunniva’s annual state license applications completed and submitted under state mandated deadlines.

“This is a very significant milestone for Sunniva’s operations in California. An important aspect of the licensing process has been completed and now our focus is on completing construction on time and entering into supply contracts with distribution partners, leading brands and creating Sunniva branded products for the California marketplace,” Holler said in a company update (http://cnw.fm/Qu1cB).

The economic impact of legalized cannabis continues to evolve, with New Frontier Data estimating the state-licensed cannabis market in the U.S. to be worth over $24 billion by 2025 (http://cnw.fm/37LDr). Support for legalization of cannabis continues to rise, with 64 percent of respondents in a national survey voicing support, according to a Gallup poll (http://cnw.fm/6W1rV). While the full impact of the U.S. Supreme Court’s decision is still being debated, Sunniva and its management team firmly believe the ruling ushers in good news for the future of state-legalized cannabis and related industries.

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

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

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

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Friday, June 29th, 2018 Uncategorized Comments Off on $SNNVF Actively Targets Cannabis Market in California

$NETE Subsidiary Takes Cutting-edge Approach to Intelligent Payment Solutions

  • Suite of events solutions cuts wait times for transactions through mobile services, quick verification
  • Subsidiary PayOnline enters new market with Russian Federation offerings
  • Multi-channel payments platform Netevia builds on same-day settlement in end-to-end processing

Mobile devices have become the go-anywhere remote controls that turn on — and turn off — the world around us. Net Element, Inc. (NASDAQ: NETE) is a fintech innovator that helps keep the signals open between businesses and their customers in a pay-per-play, on-demand-type marketplace that may be virtually headquartered anywhere between a business district, the highway or someone’s back yard.

Payment solutions provider Net Element has developed an expertise in linking mobile phones, brick and mortar stores, banks and unbanked web-based businesses to deliver reliable multi-channel possibilities to buyers and transaction analysis to the businesses who serve them. The company’s recent announcement that its subsidiary, Unified Payments, is launching an intelligent payment solution for the events industry (http://nnw.fm/8fWQp) is an example of its efforts to provide the marketplace with future-ready options to serve vendors and the crowds to whom they cater.

Unified Payments’ suite of solutions makes it easier to eliminate lengthy wait times in line and keep service to the customer flowing “any time, any place, any payment” (http://nnw.fm/iM0vB) with self-order kiosks that provide charge-back protection. Value-added services provide help with quick account establishment, risk monitoring and advising for pricing models.

A report by the Events Industry Council notes that the meetings and events industry is pumping hundreds of billions of dollars into the U.S. economy, supporting 5.9 million jobs and continuing to expand, with an 18 percent increase in direct spending since 2012 (http://nnw.fm/sdZz9).

In February, Net Element launched Netevia, a multi-channel payments platform that delivers end-to-end payment processing through easy-to-use APIs (http://nnw.fm/63qaT). Its language-agnostic technology allows businesses to accept most payment methods in multiple currencies internationally. Same-business-day settlement and funding provides merchant security, while value-added features such as loyalty options help merchants build solutions to keep customers coming back.

Market analyst Statista projects that e-commerce retail worldwide will double its revenues to $4.88 trillion by 2021, stating in a report earlier this year that desktop PCs are still the world’s most popular device for placing shopping orders online but that mobile devices, especially smartphones, are catching up (http://nnw.fm/sy5E3).

Net Element subsidiary PayOnline began partnering with the Russian Federation’s Bank Sputnik last month to offer a comprehensive multi-channel solution to small and medium-sized businesses for their payment concerns, expanding PayOnline’s services beyond electronic commerce (http://nnw.fm/gg0Ie). The company’s news release about the partnership notes that Statista Digital Markets predicts the total transaction value in the digital payments market segment in Russia will amount to $39.5 billion in 2018, up from $27.9 billion in 2016, and reach $61.8 billion by 2022 with a CAGR of 11.9 percent.

“This innovative, turnkey solution offers frictionless onboarding for merchants with integrated, value-added services,” Andrey Krotov, CTO of Net Element, stated in a news release. “With customizable payment flows, full-stack API and value-added solutions, PayOnline exceeds the unique needs of software platforms and merchants looking to enable payments in a multi-channel environment.”

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

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

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

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Friday, June 29th, 2018 Uncategorized Comments Off on $NETE Subsidiary Takes Cutting-edge Approach to Intelligent Payment Solutions

$TGODF Canadian Cannabis Producers Expanding Growing Capacities on the World Stage

Global demand for cannabis, both recreational and medicinal, continues to grow at healthy pace. According to a recent research report put out by Arcview Market Research and BDS Analytics, the next ten years are set to explode with spending on legal cannabis worldwide hitting $57 billion by 2027.

While much of that growth is expected to come from the United States, there are several other countries opening up to cannabis, whether it be through consumption or production and export.

The cannabis sector is beginning to pay closer attention to the latter scenario, with several companies expanding their production capacity through operations abroad, including Aphria Inc. (TSX: APH) (OTC: APHQF), Canopy Growth Inc. (TSX: WEED) (NYSE: CGC), Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) and The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF).

By expanding production operations into other countries, cannabis producers can spread out risk, lower average costs, and gain access to other export markets. Growing cannabis plants is no longer just a domestic activity. Through seeking out more favorable climates, lower energy costs, or a cheaper labour force, the cannabis industry is truly going global.

INTERNATIONAL EXPECTATIONS GROWING

Consumption is expected to rise, along with spending, over the next decade. The bulk of the growth is being credited to an ever-expanding map of markets legalizing recreational use—not just medical cannabis. According to the Arcview-BDS report, approximately two thirds of spending will come from the adult-use (recreational) market, while medical marijuana makes up the remaining third.

But the opportunity isn’t just in export markets. Canada’s biggest players are looking for new places to grow their products, complete with new soils, different sunny hours, and favorable growing conditions. New regions, such as Africa, the Caribbean, and Latin America are making strong cases for being a great place to grow the business.

GLOBAL CANNABIS EXPANSION

Aphria Inc. (TSX: APH) (OTC: APHQF)

Aphria recently expanded into Africa by acquiring an interest in a licensed medical cannabis extracts producer in Lesotho. The global expansionary strategy gains Aphria a supply of high-grade low-cost cannabis isolates in Africa, to compliment the supplies the Ontario-based mega producer is growing domestically. Much of Aphria’s attention recently has been towards extraction, including a recent announcement of a $55-million extraction centre that will enable the company to better serve the market for marijuana edibles, beverages and other alternative products. Local reports out of Colombia are also hinting that Aphria is set to make a significant land purchase in the Latin American country, that could equate to over 1.6 million sq ft of potential grow space.

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

Not to be left out of the Lesotho party, cannabis giant Canopy Growth also expanded into southern Africa, through the acquisition of Daddy Cann Lesotho at the end of May. The price tag on the acquisition was roughly $29 million, which was a reasonable cost given that it gives Canopy access to a market of 55 million more people. Given Lesotho’s landlocked location, Canopy sees the country as an ideal greenhouse climate, as it is also positioned for exports across the whole African continent.

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

Through its subsidiary Cronos Australia Pty, the Cronos Group was recently granted a medicinal cannabis manufacture license by the Australian Office of Drug Control. With the license, Cronos can move forward on manufacturing cannabinoid-based products in Australia, through all forms of extraction, refining, concentration and transformation of the cannabis plant. Cronos Australia is a joint-venture between Cronos Group and Australia’s NewSouthern Capital, that serves as the company’s hub for Australia, New Zealand, and Southeast Asia.

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

Global aspirations led The Green Organic Dutchman to launch its new global division, focused exclusively on the beverage industry. However, the organic cannabis specialists took their production operations global, by entering Jamaica through a strategic partnership with Epican Medicinals Ltd. The deal increased TGOD’s production capacity by more than 10%, adding 14,000 kg and bringing the company’s total organic funded capacity to 170,000 kgs.

JAMAICAN EXPANSIONS ORGANICALLY

Through the addition of Jamaican operations, The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) officially became an international organization. And from the indications from the Epican announcement, it appears that TGOD isn’t done its expansions.

“This represents the first of many strategic partnerships TGOD intends to execute in the coming months,” said TGOD’s CEO, Robert Anderson. “Our value-added approach taken in this investment will set an international M&A framework for capital investment, transfer of knowledge, and sector expertise. We will continue to evaluate international opportunities that will assist us in executing our business plan to become the world’s largest organic cannabis brand.”

Epican was officially awarded the country’s historic first cultivation license, and currently produces high-quality cannabis at its flagship cultivation site called Blue Mountain. One of TGOD’s roles with their new partners will be to work with Eco-Cert to achieve organic certification in Jamaica. And while being 100% organic is TGOD’s specialty, the key to the deal is the company’s expertise in getting a second 125,000 sq ft GMP-compliant (Good Manufacturing Practices) facility constructed, to give the partnership a pair of high premium organic cultivation sites.

Along with the production expansion, TGOD gains access to distribution inside Jamaica through Epican’s first mover advantage, as the new partner is openings its flagship dispensary in July 2018, in the country’s capital of Kingston. This will be the first of many Epican dispensaries, designed to serve the medical needs of Jamaica’s 3 million residents and approximate 3.5 million visitors each year.

Epican also brings with it an extraction laboratory that has been designed, licensed and built to GMP standards, establishing the company as a Jamaican leader in sustainability. This addition matches well with TGOD’s own high standards of extraction.

TGOD’s extraction process is precise, and free of toxic solvents. Their method is capable of producing the highest-quality cannabis oils in the world. In order to produce premium cannabinoid-infused products, containing the two main ingredients tetrahydrocannabinol (THC) and cannabidiol (CBD), TGOD’s careful extraction is key.

According to the company’s press release, international expansion is an integral part of their business plan. The Epican partnership provides a low-cost platform that supplies TGOD with premium Jamaican grown medical cannabis for export to select international jurisdictions, as regulations permit.

Domestically, TGOD continues to expand as well. Recently the company announced that it had received a Health Canada Cultivation License for its breeding facility in Salaberry-de-Valleyfield, Quebec—known simply as Valleyfield. The Valleyfield site will eventually become home to TGOD’s flagship 820,000 sq. ft. state-of-the-art hybrid grow facility. It will house the cultivation of cannabis and the production of seeds and new strains.

Additionally, TGOD announced that it is adding a 287,245 sq ft. purpose-built facility on its Valleyfield property capable of producing 40,000 kgs of premium organic cannabis. This facility will be dedicated to TGOD’s Beverage Division and increases the Company’s fully-funded capacity to 170,000 kgs.

This newly dedicated cultivation building is being constructed to support TGOD’s previously announced Beverage Division Global-Strategic-Launch-Into-the-Beverage-Industry.

Recently coming off an announcement of a $25 million special warrant bought-deal financing co-led by Canaccord Genuity and Mackie Research Capital, TGOD will have additional cash on hand to continue the company’s current expansionary run. The closing of the offering is expected to occur on June 26, 2018.

TGOD’s international expansion will continue for the foreseeable future. There’s much to look forward to with its new ventures such as the Epican deal, coupled with its international marketing aspirations for beverages and other products, including those made with the exclusive ingredient technology brought in through a deal signed in May with Stillwater brands to license RIPPLE SC (Soluble Cannabinoids).

Disclaimer

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

Thursday, June 28th, 2018 Uncategorized Comments Off on $TGODF Canadian Cannabis Producers Expanding Growing Capacities on the World Stage

$SNNVF Floats on Rising Vaporizer Trends

June 28, 2018

  • Smoking as a delivery method faces increasing stigma
  • Vaporization set to be a major smoking alternative
  • Sunniva signs contract to supply extraction services to award winning cannabis brand

Heightened awareness of the dangers posed by smoking is shaping the fast-developing cannabis marketplace. Smoking, the delivery vehicle of the tobacco industry, is playing a much lesser role.

Nicotine may not kill – indeed, it is thought to have some health benefits – but smoking will. So, as markets for adult recreational use of marijuana open up across the U.S., alternative delivery technologies are expected to take center stage. Particularly popular is vaporizing, which, apart from the potential health benefits it offers, avoids the unpleasant (to some) smell of tobacco smoke and, in the typical vape pen, offers an easy method of use. As a result, the market for vaporizers is expected to rise rapidly. Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) is set to float on that rising vaporizer trend. The company recently announced that, through a wholly-owned subsidiary, it had secured an additional extraction contract with Cali Gold, a leading legacy California cannabis brand. Operating in the world’s two largest cannabis markets, Canada and California, Sunniva continues to pursue its vision of becoming the lowest cost, highest quality cannabis producer in the markets it serves.

There’s no doubt that vaping, once an esoteric activity with which few were familiar, is going to play an important role as medical and recreational markets for cannabis develop. According to one analyst, the vaporizer market in the states of California, Colorado, Oregon and Washington grew 57.7 percent during 2017, reaching $1.84 billion by year-end (http://cnw.fm/ILt9q). Sunniva is already in position to benefit from those market developments. Its contract with Cali Gold gives it a ticket to ride the rising vaporization trend for, at least, the next 12 months, and the agreement may be renewed for a further 12-month term, if Cali Gold so desires.

Signed by wholly-owned subsidiary CP Logistics, LLC’s Sun-Oil Facility, the deal enables Sunniva to provide Cali Gold with high quality, ultra-purified manufactured distilled oil products to be utilized within vaporization cartridges (http://cnw.fm/5lz7G) and other delivery formats. Based in Berkeley, California, Cali Gold is a popular cannabis brand that has specialized in high quality edibles. The Cali Gold THCA Chocolate Bar was awarded first place in Edibles List Magazine. Cali Gold looks to Sunniva’s quality expertise at scale to introduce 10-15 new products in the next six months.

Sunniva’s Sun-Oil Facility is a state-of-the-art facility that, at full capacity, will be able to produce over 600,000 filled vaporization cartridges a month. Ideally suited to supply other white label marketers, like Cali Gold, the facility is licensed for both volatile and non-volatile extraction, which enables Sunniva to produce multiple forms of extracted products.

Sunniva’s Sun-Oil Facility is located about one mile from the Sunniva California Campus in Cathedral City, where it continues construction of a state-of-the-art cGMP-compliant greenhouse.  cGMP (current Good Manufacturing Practice) regulations are mandated by the U.S. Food and Drug Administration (FDA) to ensure proper design, monitoring and control of manufacturing processes and facilities. Phase 1 of the project involves the development of a 325,000 square foot greenhouse capable of producing 60,000 kilos per year of dry cannabis at capacity.  Approximately 30 percent of initial total production is earmarked for conversion to oils and extracts. Phase 2 is expected to increase the greenhouse by 164,000 square feet and increase production by some 40,000 kilos per year.

Further north, work continues at the Canada Campus, a 126-acre site at Okanagan Falls, British

Columbia. The 740,000 square foot facility will have an estimated output capacity of 100,000 kg annually and is expected to become operational in 2019, which will complement Sunniva’s other Canadian subsidiary, Natural Health Services (NHS). NHS, which owns and operates seven medical marijuana clinics in Canada, has a patient base of 95,000, which is served by 21 physicians. The Canadian market is just as likely to embrace vaporization, a delivery format that could make cannabis consumption much safer health wise than tobacco ever was.

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

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About CannabisNewsWire

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

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

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

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

Thursday, June 28th, 2018 Uncategorized Comments Off on $SNNVF Floats on Rising Vaporizer Trends