ThursdayMay 16, 2019 10:16 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters LOI to Acquire SolDaze Cannabis Snack Line

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a non-binding Letter of Intent (“LOI”), dated May 15, 2019, with Tres Ojos Naturals, LLC d/b/a SolDaze, a limited liability company from Santa Cruz, California that produces cannabis-infused fruit snacks. Under the agreement, TransCanna will acquire the branding asset package, SolDaze. “Having reviewed over 100 branded products in California, we’ve been extremely selective in our acquisition vetting process,” TransCanna CEO Jim Pakulis said in the news release. “Our three mandatory acquisition criteria include SKU velocity, upward trending revenues, and products that differentiate themselves in the marketplace.  The snack…

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ThursdayMay 16, 2019 9:27 am

QualityStocksNewsBreaks – Spectrum Global Solutions, Inc. (SGSI) Reports Q1 2019 Financial Results

Leading telecommunications engineering and infrastructure services provider Spectrum Global Solutions (OTCQB: SGSI) on Wednesday released its financial results for the fiscal period ended March 31, 2019. Among the highlights, the company reported revenue of $11,335,732 compared to $4,327,764 for the same period in 2018. “Revenue was just over $11.3 million which reflects consistent growth in our AW Solutions, ADEX and TNS subsidiaries,” Spectrum CEO Roger Ponder stated in the news release. “We also reported positive income from operations for the period.  This is Spectrums’ first quarter with positive income from operations which demonstrates continued improvements in the business.” To view…

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ThursdayMay 16, 2019 9:21 am

QualityStocksNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Reports Q1 2019 Financial Results

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX), an automotive technology innovator, on Wednesday reported financial results for the first quarter 2019. Among other highlights, the company ended the quarter with $19.3 million in cash and short-term deposits, GAAP net loss of $3.3 million, and non-GAAP net loss of $2.9 million. In addition, the update also provided an overview of corporate accomplishments and balance sheet highlights for the quarter. “The year has started off on a very positive note as we demonstrated progress across all business activities, including an additional sale of our QuadSight(TM) prototype. Our unique technology continues to gain…

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WednesdayMay 15, 2019 1:39 pm

Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) Advances Efforts to Launch Ukrainian Iron Project as Market Prices Continue to Rise

Black Iron is working to fund the launch of its wholly owned Ukrainian iron ore project by the end of the year, recently closing a more than $1.5 million private placement Iron ore market prices continue climbing amid supply setbacks elsewhere in the world, and some analysts anticipate the possibility of $100 per metric ton soon Ukraine’s Kryvyi Rih region is one of the country’s most prolific for iron deposits, spawning a number of mines and processing facilities Mine developer Black Iron Inc. (TSX: BKI) (OTC: BKIRF) (GR: BIN) continues to foresee a great potential opportunity in rising iron market…

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WednesdayMay 15, 2019 1:29 pm

City View Green Holdings Inc. (CSE: CVGR) Signs LOI, Seeks to Establish Facility as Key Cannabis Grow-and-Extraction Property

CVGR anticipates closing the transaction within 60 days Terms of the deal call for the new landlord to finance required buildout and capital improvements CVGR has a seed-to-retail model designed to grow and produce high-quality cannabis extracts and edible products City View Green Holdings Inc. (CSE: CVGR) hopes to close on its letter of intent (LOI) for a purchase leaseback transaction of its Brantford, Ontario, facility and property within 60 days. Terms of the LOI call for the new landlord to finance the buildout and capital improvements required for CVGR to obtain Health Canada licenses. After the licenses are obtained,…

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WednesdayMay 15, 2019 12:36 pm

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Provides Strategic Update on Growth Plan, Announces Name Change

In a strategic update, Innovative Properties Inc. d/b/a Nabis Holdings announced shareholder approval for a name change Nabis also presented key strategic developments, like the acquisition of various cultivation and processing properties in the U.S. and an increase in its number of board directors The Nabis managerial team will also be working on establishing the company’s reputation through participation in the Third Annual Canaccord Genuity Cannabis Conference Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, announced on May 6, 2019, that company shareholders…

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WednesdayMay 15, 2019 12:31 pm

QualityStocksNewsBreaks – Global Payout, Inc. (GOHE) and MTrac Experience Uptick in Payment Platform Applications with Continued Trend Expected

Global Payout (OTC: GOHE), together with its wholly owned subsidiary MTrac Tech Corporation, this morning announced achievement of a sales milestone with over 100 completed and approved applications for the MTrac system. Per the update, the company continues to receive new applications, on an almost daily basis, and expects continuance of this trend as the platform gains market share.  “Since the beginning of the year we have experienced a massive uptick in interest for our platform,” said MTrac CEO, Vanessa Luna. “Many companies have attempted to solve this problem for the industry, which has resulted in a general skepticism among…

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WednesdayMay 15, 2019 12:23 pm

QualityStocksNewsBreaks – Nightfood Holdings Inc. (NGTF) Discloses Highest Revenue Quarter to Date, Schedules May 28 Investor Call

Nightfood Holdings (OTCQB: NGTF), the innovative company solving America’s $50 billion nighttime snacking problem, this morning announced its filing of a quarterly report for the three month period ending March 31, 2019, with revenue of $159,575. According to the update, this is the highest revenue quarter in the company’s history. In addition, Nightfood announced that it will host an investor call on Tuesday, May 28, 2019, at 4:30 PM ET, with details of the call to be released as the date approaches. “January was a new start for the Nightfood brand with the manufacture of our first pint of ice…

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WednesdayMay 15, 2019 11:37 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Makes Strategic and First AgTech Investment in BioLumic

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) today announced a strategic investment in BioLumic Ltd., creators of a sustainable ultraviolet (“UV”) crop yield enhancement system. Canopy Rivers' investment of $1.5 million marked its first investment in agri-technologies, specifically focused on the promising fields of plant physiology and UV photobiology. “Canopy Rivers' mission is to build and support a thriving global cannabis economy, and we are dedicated to identifying and investing in strategic technology players throughout the legal cannabis value chain,” Canopy Rivers Director, Business Development Mary Dimou said in the news release. “Led by an exceptional management team, BioLumic's groundbreaking, proprietary…

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WednesdayMay 15, 2019 11:25 am

QualityStocksNewsBreaks – Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Outperforms Conventional Industry Formulations in Animal Testing

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) this morning announced that animal testing has proven that its DehydraTECH(TM) technology delivers cannabinoids to the bloodstream much more quickly and effectively than conventional industry formulations. According to the update, 10 male Sprague-Dawley rats were administered CBD at 25mg per kg of bodyweight in each arm of the Lexaria animal studies. Delivery of CBD into the bloodstream was monitored over a 60-minute duration and, at two minutes, 15 minutes, and 60 minutes, DehydraTECH's LCFA formulation delivered elevated levels of CBD in blood (showing measurable and 475% and…

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