News Archives - Page 562 of 704

MondayAug 19, 2019 1:05 pm

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) R&D Finds Lack of Adverse Chemical Byproducts in Manufacture of Drug Delivery Compositions

Lexaria Bioscience is involved in the research and improvement of its trademarked DehydraTECH technology, which enhances the bioavailability of some legal drug substances used by consumers The technology provides a rapid-on, rapid-off effect that may be effectively used in cannabis-infused edibles and beverages as an alternative to mind-altering substances such as alcohol and cannabis New research has boosted Lexaria’s hopes, with findings that show no adverse NME chemical compositions were formed in several rounds of in-depth testing The company recently formed a collaboration with Hill Street Beverage Company to make cannabis-infused alternatives to alcoholic beverages By 2024, cannabis-infused beverage sales…

MondayAug 19, 2019 12:37 pm

Marijuana Company of America Inc. (MCOA) Offers Unique Opportunity for Cannabis Consumers to Become VivaBuds ‘BlazeMasters’

MCOA’s virtual launch party introduced VivaBuds, a premium cannabis delivery service that will initially deliver to the San Fernando Valley in Los Angeles County Attendees were treated to a live tour of the VivaBuds website, VivaBuds swag giveaways and an invitation to become one of VivaBuds’ first customers VivaBuds offers the option for customers to become ‘BlazeMasters’ and build their own personal cannabis businesses by utilizing a ‘call your friend’ approach MCOA’s joint venture subsidiary, Covered Bridge Acres Ltd., produced a first harvest from its hemp farm in Scio, Oregon, that generated revenues of $525,000 Marijuana Company of America Inc.…

MondayAug 19, 2019 11:55 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Receives Media Attention following Release of Strong Results

Organigram’s Q3 results marked its fourth quarter in a row of positive adjusted EBITDA* A Bloomberg article states that the company is an outlier due to its high margins and low production costs Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) stands out from other Canadian cannabis companies due to the fact that it has registered four quarters of positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), as a Bloomberg article about the enterprise reads (http://ibn.fm/BUMhB). Adjusted EBITDA is a non-IFRS measure. For more information, see the company’s latest MD&A. Organigram’s Q3 and fiscal year-to-date results represent some of the…

MondayAug 19, 2019 11:24 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Definitive Acquisition Agreement, Set to Strengthen Global Position

The Supreme Cannabis Company Inc. is Canada’s only coast-to-coast premium cannabis producer Supreme’s wholly owned subsidiary produces sustainably scaled, high-quality cannabis yields The company has entered into a definitive agreement to acquire Truverra Inc. The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) works with an eye to providing the world’s best cannabis products and emerging as a top competitor in the cannabis marketplace. As Canada’s only coast-to-coast premium cannabis producer, Supreme is engaged in widespread distribution and has an expert team of passionate professionals and employees. Furthermore, Supreme Cannabis secured a place among the highest revenue-recording, publicly…

FridayAug 16, 2019 12:31 pm

INmune Bio Inc. (NASDAQ: INMB) Announces Continuous Advancement of Clinical Program, New Strategic Appointment

The immunology company released its financial results for the second quarter of 2019 and also delivered an update on its clinical trials The phase I trial of INmune Bio’s cancer treatment INB03 has delivered promising results in terms of safety and tolerability. The company will now be moving forward with the phase II of the trial INmune Bio also announced the appointment of biotechnology executive Edgardo Baracchini as a new member of the board of directors INmune Bio Inc.’s (NASDAQ: INMB) clinical program continues to advance, CEO RJ Tesi, M.D., noted during a presentation of the company’s 2019 second quarterly…

FridayAug 16, 2019 11:42 am

Spectrum Global Solutions Inc. (SGSI) Set to Serve Growing Streaming Tech Needs of Budding 5G Markets

Spectrum Global Solutions provides end-to-end market offerings for communications networks, including building infrastructure for wireless and wired-in products and maintaining existing networks In a world that is increasingly interconnected through wireless technology, network services occupy a turnkey position and keep the machinery humming The pending rollout of 5G-speed networks promises to be a boon for fans of smart home products and streaming video services who rely on fast network capability, and Spectrum is positioned to help build the 5G future The smart home product market was estimated at about $10 billion last year and is expected to grow by 50…

ThursdayAug 15, 2019 12:29 pm

Pivotal Systems Corporation (ASX: PVS) Identifies Growth Potential in Semiconductor Industry with Innovation, New Product Development

Pivotal’s gas flow monitoring and control solutions are unrivaled in speed, precision and sensing capabilities The company boasts strong customer retention rates, maintaining close relationships with leading blue-chip integrated device manufacturers and original equipment manufacturers Pivotal’s global footprint includes production facilities in the U.S., China and Korea, with sales offices located throughout the Asia-Pacific Region, Japan and Europe Pivotal Systems Corporation (ASX: PVS), a leading global provider of best-in-class gas flow control solutions that are integral to the production of semiconductors, continues to build its customer base and increase profit margins with new and repeated sales orders from clients located…

ThursdayAug 15, 2019 12:07 pm

Neutra Corp. (NTRR) is “One to Watch”

Sports performance medicine and nutrition is a strong focus for Neutra. As the company’s new Sports Performance Medical Advisor, Dr. Cherry will continue his recent work designing tailored medical programs and services focused on human performance. Neutra will aggressively target the promising sports nutrition market, a segment with sales that are currently expected to reach $11 billion by 2023. Neutra is developing third-party certified hemp-derived CBD health and nutritional product lines for consumers. Hemp-based CBD consumer projects generated sales of up to $390 million in 2018 with analysts predicting sales of hemp-based products could reach $22 billion by 2022. Leadership…

ThursdayAug 15, 2019 11:41 am

BacTech Environmental Corp. (CSE: BAC) (OTC: BCCEF) Sees Green Potential in Using Bugs to Clean up Mine Tailings

BacTech Environmental is an Ontario, Canada-based company that uses microbial bacteria for “bioleaching” the arsenic from historic and often-abandoned mine projects, leaving the sites environmentally restored and making their precious metals easier to process The company has attained equity interests in mine remediation projects in Bolivia and Ecuador, and it is working with Ontario’s Cambrian College to identify the “best bugs” to tackle the arsenic in those countries BacTech recently strengthened its financing with a two-tranche funding effort that’s expected to bring in $125,000 Environmental remediation at mine tailing sites has gained a natural, even holistic, advocate in the form…

ThursdayAug 15, 2019 11:13 am

Sonic Automotive Inc. (SAH) Maintains Consistency in Sales Volume through Innovation, Multiple Revenue Streams

Sonic Automotive ranks among the top five retail automotive groups in the United States each year, as reported by industry publication Automotive News The company has a new vehicle-centered retail division and its EchoPark Automotive used car division, both focused on innovations to the buying experience During the second quarter, EchoPark’s sales grew by 68.7 percent as new vehicle sales volume slowed Despite a downturn in new vehicle sales during the quarter, Sonic’s total sales established a number of consolidated all-time quarterly records Innovative automotive retailer Sonic Automotive Inc. (NYSE: SAH) is a Fortune 500 company that consistently ranks among…

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