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FridayApr 05, 2019 12:05 pm

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) Closes C$16 Million Brokered Private Placement

Canada-based cannabis company TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) late Thursday announced that it has closed its previously detailed and upsized brokered private placement of units, generating gross proceeds of C$16 million. Per the update, an aggregate of eight million units of the company were sold at a price of C$2.00 per unit, with each unit comprised of one common share of TransCanna and one half of one common share purchase warrant. TransCanna intends to use the net proceeds of the offering to fund an $8 million down payment for its proposed acquisition of a 196,000-square-foot cannabis facility. The…

FridayApr 05, 2019 12:01 pm

Cannabis Strategic Ventures Inc. (NUGS) Subsidiaries Carving Out Key Positions within Booming Cannabis Industry

Job growth in cannabis industry rose 44 percent in 2018, outpacing other sectors in job market Subsidiary BudHire uniquely positioned to capitalize on growing need for outsourced personnel solutions Legal cannabis spending worldwide expected to increase from $20.1 billion in 2018 to $43.3 billion in 2022 and $63.5 billion in 2024 Cannabis Strategic Ventures Inc. (OTC: NUGS), a Los Angeles-based cannabis firm, is moving swiftly to secure footholds in various sectors of the booming cannabis industry. Economists note that job creation in the cannabis industry is beginning to roll out massive numbers on both the recreational and medicinal sides, with…

FridayApr 05, 2019 10:49 am

Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Reveals Impressive Revenue Growth in Unaudited Revenue Estimate of FY2018

The company estimated unaudited revenue of $8.4 million for the fiscal period ended December 31, 2018 The figure represents a 684 percent increase over FY2017 revenues Plus Products was ranked as the number one edibles brand in California during the third quarter of 2018 Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading edibles manufacturer with sales exclusively in California, recently provided its unaudited revenue estimate for the fiscal period ended December 31, 2018. This revenue estimate indicates that the company witnessed impressive growth during the 12-month period (http://ibn.fm/w7DZc). The company estimates that its unaudited revenue for the period totaled $8.4…

FridayApr 05, 2019 10:14 am

QualityStocksNewsBreaks – Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Announces Upsizing, Closing of Second and Final Tranche of Private Placement

Canadian iron ore exploration and development company Black Iron (TSX: BKI) (OTC: BKIRF) (GR: BIN) this morning announced that it has upsized and closed the second and final tranche of a previously announced non-brokered private placement of units of the company. According to the update and per the second tranche, the company issued 9,043,950 units, each at a price of $0.06, for gross proceeds of $542,637. Combined with the March 29, 2019 closing of the first tranche, Black Iron has issued a total of 26,552,390 units for gross proceeds of $1,593,143. To accommodate investor interest, the company upsized the offering…

FridayApr 05, 2019 9:32 am

QualityStocksNewsBreaks – The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Releases Q4 and Full Year 2018 Results

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) on Thursday announced its results for the fourth quarter and full year ended December 31, 2018. According to the update, the company sold nearly 406 kgs of premium cannabis despite having only 20 percent of its Kelowna 1 grow rooms operational in the fourth quarter of 2018. In addition, Flowr reported gross revenues of C$3.3 million and net revenues of C$2.9 million, realizing an average net price of C$7.08/gram after receiving its sales license in August 2018, and broke ground on the first-of-its-kind 50,000 square foot R&D Facility in partnership with The Scotts Miracle-Gro…

FridayApr 05, 2019 9:25 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses NASDAQ Listing Goal on MoneyTV with Donald Baillargeon

Technology and investment company SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The program is internationally syndicated and covers money-focused topics, featuring in-depth interviews from various company CEOs and executives offering insights into their operations and future outlooks. SinglePoint CEO Greg Lambrecht appeared on this week’s program and discussed the company’s goal of uplisting to the NASDAQ. “I think that we can hit the necessary revenue needed to go up to NASDAQ maybe within this next year, and then also get our price up to where we fit all the criteria,” SinglePoint CEO Greg…

ThursdayApr 04, 2019 3:11 pm

QualityStocksNewsBreaks – Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Fostering Innovation in the Cannabis Industry

Sproutly Canada (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G), a Canadian-licensed producer (“LP”), recently acquired Infusion Biosciences to bring to market its patent-pending aqueous phytorecovery process (“APP”) technology. A recent article discussing the technology reads, “Fundamentally, Sproutly Canada is uniting advanced cannabis cultivation and transformational technologies to redefine the cannabis industry. It is replacing traditional water-compatible solutions with true natural water solubility. This improves the body’s ability to use cannabinoids and makes the effect of cannabis almost instantaneous. . . . The APP technology maintains stability without altering cannabis compounds. Additionally, the technology provides offset and onset times that mirror the…

ThursdayApr 04, 2019 3:06 pm

QualityStocksNewsBreaks – QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) on Track for Growth as Lithium Demand Increases

British Columbia-based company Quantum Minerals (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) is engaged in the exploration and development of its flagship property, the Irgon Lithium Mine Project. The company believes there is significant potential to quickly increase tonnage at the major spodumene-bearing lithium project and aims to leverage the rising global demand for lithium. An article discussing the company reads, “QMC subsequently plans to bring the Irgon property into production. The company’s onsite geologists recently reported visual confirmation of substantial spodumene mineralization within the core samples gained from the initial phase of drilling (http://ibn.fm/4Q4zh). . . . With increasing demand…

ThursdayApr 04, 2019 12:23 pm

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Builds Monetization with HelloMD Delivery Agreement

Wildflower Brands is advancing its goal of becoming a global health and wellness leader by inking a delivery fulfillment agreement with nationally prominent cannabis educator HelloMD Wildflower has been investing in building its cannabis licenses, products and services in California, as well as in online outlets and throughout the United States The company’s online store sales have grown more than 300 percent since January 2018, with yearly revenues topping $1 million Plant-based health and wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) recently announced a delivery fulfillment agreement with medical cannabis education outlet HelloMD, expanding the monetization of…

ThursdayApr 04, 2019 11:41 am

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Announces Smart Innovations

Kontrol Energy and Toyota Tsusho Canada recently announced a strategic partnership that will result in a smart factory tech solution based on Kontrol’s IoT hardware and software In addition, Kontrol announced plans to be offer innovative solutions in the cannabis industry for odor and emission control Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a smart energy technology company, is planning to expand its smart solutions and introduce new developments in various verticals during 2019. At the end of March 2019, the company announced a strategic partnership, followed by an early April announcement that it plans to expand its…

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