News Archives - Page 2 of 111

TuesdayApr 16, 2019 10:36 am

Sugarmade Inc. (SGMD) and Hempistry Ink Supply Contract amid Boom in Kentucky Hemp Industry

Hemp industry’s growth exhibiting boom trends in wake of the 2018 Farm Bill’s passage, altering regulatory oversight of the plant Sugarmade is focusing efforts on supporting the nascent hemp industry with hydroponic growth supplies The company has also signed a supply agreement with Kentucky-based private hemp cultivator Hempistry to support Hempistry’s micropropagation work Micropropagation helps growers ensure plant quality by cloning “mother” plants that exhibit preferred genetic traits Hydroponic agriculture supplier Sugarmade Inc. (OTCQB: SGMD) is preparing to significantly expand its operations in the hemp cultivation industry following recent regulatory changes in the agriculture sector and a new agreement with…

TuesdayApr 16, 2019 10:07 am

SinglePoint Inc. (SING) Completes First 10-K Filing with SEC, Highlights Growth and Plans for Future Revenue

SinglePoint recorded a 344 percent increase in sales during 2018, largely due to the acquisition of its DIGS and JAG subsidiaries in 2017 The revenue growth amounted to a nearly 10-fold increase in profits, to $267,799 SinglePoint’s most recent asset purchase agreement, solar energy industry marketers Direct Solar and its affiliate, AI Live Transfers, is expected to begin generating revenues for the company this month Diversified technology company SinglePoint Inc. (OTCQB: SING) has filed its first annual statement with the Securities and Exchange Commission as a fully reporting issuer, highlighting the successes of the company’s merger and acquisition strategy during…

MondayApr 15, 2019 12:10 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Advancing DehydraTECH Drug Delivery Platform, Innovative Products

Lexaria Bioscience is focusing on its pioneering DehydraTECH drug delivery technology The company boasts a portfolio of unique products Lexaria continues to conduct research regarding DehydraTECH technology for oral nicotine Based in Kelowna, British Columbia, Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) focuses on technology for the improved delivery of bioactive compounds. Lexaria is the only global company with patents issued for the oral delivery of all cannabinoids. The company has developed and out-licenses its innovative and cost-effective DehydraTECH drug delivery platform. This technology changes the way that edible cannabinoids enter the body. DehydraTECH delivery technology offers a viable and…

MondayApr 15, 2019 11:39 am

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Marks Ninth Consecutive Quarter of Revenue Growth

Wildflower Brands Inc. sees annualized revenues exceeding $1 million for online sales The company’s diverse brands service customers nationwide, totaling distribution in over 300 stores The CBD product market is estimated to grow to $22 billion by 2022 and $75 billion by 2030 Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF), a Vancouver-based cannabis company focused on developing and designing branded products in the cannabis sector, intends to become a global wellness leader through its strategic varied brands in the industry. Wildflower Brands recently achieved more than 300 percent organic growth in online sales since January 2018, seeing annualized revenues exceeding…

MondayApr 15, 2019 11:07 am

SinglePoint Inc. (SING) Subsidiary ShieldSaver Drives Value to Shareholders with Proprietary Technology in Automotive Sector

Data gathered through ShieldSaver’s proprietary license-plate recognition technology is applicable for repairs, maintenance, insurance, purchasing, parts and more New ShieldSaver app allows consumers to connect, source and schedule windshield repairs quickly and at reduced cost The automotive glass industry was estimated at $12 billion in 2017; it’s expected to grow at a CAGR of 7 percent until 2024 SinglePoint Inc. (OTCQB: SING) continues to bolster its reputation as a diversified tech holding company with operations in multiple industries and verticals with astute acquisitions and investments. Subsidiary ShieldSaver, acquired in 2018, opens SinglePoint’s portfolio to the multibillion-dollar automotive repair and maintenance…

MondayApr 15, 2019 10:22 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Logs First Premium Cannabis Sales Grown in World-Class Cultivation Facility

2018 major milestones included launch of medicinal and recreational sales channels Company sold nearly 406 kilograms of premium cannabis, despite having only 20 percent of Kelowna 1 grow rooms operational during Q4 2018 Flowr optimizes yields, producing premium and ultra-premium cannabis products with a goal of no irradiation, to maximize profitability The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF), a Canadian licensed producer of premium cannabis products, recently shared details of several milestones achieved during the fourth quarter of 2018 that included the company’s first recorded revenues, with nearly 260 kilograms of premium cannabis grown in-house during the period, despite only 20…

FridayApr 12, 2019 11:35 am

The Flowr Corporation (TSX.V: FLWR) (OTC: FLWPF) Aiming to Provide Non-Irradiated Cannabis Products to Growing User Base

A majority of Canadian cannabis users identified quality and safety as top factors in choosing where to purchase cannabis Canada’s Shoppers Drug Mart is now the exclusive direct-to-patient online provider of FlowrRx products Flowr grows premium cannabis with a goal of non-irradiation using production methods that are expected to generate high crop yields at low operating costs Medicinal cannabis patients in Canada are rightly concerned about how cannabis products prescribed by their physicians are produced. According to Canada’s national statistical agency, Statistics Canada, 76 percent of medical cannabis patients responding to the Q4 2018 ‘National Cannabis Survey’ identified quality and…

FridayApr 12, 2019 11:02 am

Net Element Inc. (NASDAQ: NETE) Revenues Grow in 2018, Total Processing Volume Also Goes Up

Sustainable growth in revenue mainly stemmed from the North American transaction solutions segment The total processing volume also grew to reach $3.3 billion, most of which was covered by North America Net Element subsidiaries like Aptito have been contributing to the U.S. market growth with the provision of cost-efficient, tailored and innovative niche services Net Element Inc. (NASDAQ: NETE) recently announced solid financial growth in 2018. The company’s revenue over the year went up to $65.8 million, marking an increase of 10 percent on an annual basis. Growth through the company’s North American transaction solutions segment was the primary driver…

FridayApr 12, 2019 10:20 am

VPR Brands, LP (VPRB) Riding Rising Tide of Vaping Product Popularity with Lifestyle Brands

Vaping is growing in popularity in the United States and internationally, driving cannabis concentrate sales toward a forecast reach of $47.11 billion by 2025 VPR Brands has built on the successful acquisition of Vapor Corp. technologies and has recently been growing into the cannabidiol (CBD) derivatives space VPR Brands’ GoldLine Hemp products are also finding a niche in the convenience store market as a variety of CBD-free hemp edibles Vaporizers and e-cigarettes have been enjoying growing popularity in recent years, becoming the largest driver behind cannabis concentrate sales and maintaining a position as the second-largest marijuana product category in the…

ThursdayApr 11, 2019 11:28 am

Trxade Group Inc. (TRXD) Notes Revenue Increase in 2018, Launches Extensive Pharmacy Network

Trxade Group, an integrated pharmaceutical services company, recently announced positive financial results for the year ended December 31, 2018 Revenue from the Trxade market platform grew 16 percent in 2018, reaching $3.4 million from $2.93 million in 2017 Trxade has also announced plans to continue expanding its range of services, as well as the network of independent pharmacists reliant on the Trxade B2B platform Financial results show that 2018 was a successful year of growth for Trxade Group Inc. (OTCQB: TRXD), an integrated drug purchasing and delivery solutions company with a platform that enhances supply chain efficiencies among health care buyers and sellers of…

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