News Archives - Page 568 of 690

FridayJun 07, 2019 10:02 am

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Develops Vertically Integrated Cannabis Portfolio, Forecasts Revenue Growth

Analysts predict that the global legal marijuana market will reach $146.4 billion in annual sales by 2025 Nabis Holdings is building assets across the cannabis spectrum in multiple states, with visions of international expansion, to capitalize on the trending market Thanks primarily to acquired assets and LOI-process holdings in Michigan, Nabis anticipates a significant revenue and EBITDA jump between 2019 and 2020 as cultivation facilities come online and recreational market sales begin The tremendous growth in a variety of cannabis-use industries capitalizing on the plant’s lifestyle-enhancing properties has opened a wide field of investment opportunity to Nabis Holdings (CSE: NAB)…

ThursdayJun 06, 2019 12:24 pm

SinglePoint Inc. (SING) Expands Reach into Renewable Energy Market with Acquisition of Direct Solar

SinglePoint’s acquisition of Direct Solar is expected to increase the company’s revenues by $5 million in the first 12 months The solar panel market is projected to exceed $22 billion by 2025 Direct Solar’s model allows for quick, efficient expansion throughout the U.S. and globally Energy efficient, renewable energy technologies are quickly gaining a permanent spot in homes and commercial buildings across North America and around the world. SinglePoint Inc. (OTCQB: SING) CEO Greg Lambrecht said in a news release that SING’s recent asset acquisition of Direct Solar and affiliate AI Live Transfers catapults the technology and investment company into…

ThursdayJun 06, 2019 11:53 am

Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) DehydraTECH Delivers 475% More CBD to the Bloodstream

LXRP’s DehydraTECH has been shown to outperform conventional cannabis formulations and deliver 475 percent more CBD to the bloodstream in the first 15 minutes Compared to other industry formulations, DehydraTECH delivered cannabinoids quicker at industry-leading volumes A DehydraTECH formulation achieved a 319 percent higher CBD blood concentration level at 60 minutes than the generic coconut oil formulation Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQX: LXRP) patented DehydraTECH delivery technology has demonstrated in animal lab tests that it can deliver cannabinoids to the bloodstream more quickly than conventional cannabinoid formulations (http://ibn.fm/pYSzq). At 15 minutes into the test, the DehydraTECH formulation achieved a blood…

ThursdayJun 06, 2019 11:26 am

City View Green Holdings Inc. (CSE: CVGR) Working to Be Premier Purveyor of Medicinal, Recreational Cannabis Products

City View Green Holdings’ emphasis is on creating a well-diversified cannabis business The company’s focus is premium edible offerings, distillates and water-soluble products The company leases a 40,000-square-foot facility in Ontario A vertically integrated cannabis company, City View Green Holdings Inc. (CSE: CVGR) focuses on seed to retail. The company’s application to Health Canada for an Access to Cannabis for Medical Purposes Regulations (ACMPR) license is currently at the in-depth review stage of the licensing process. Based in Toronto, City View (formerly Icon Exploration Inc.) leases a 40,000-square-foot facility in Brantford, Ontario. Upon receipt of its cannabis act license, City…

ThursdayJun 06, 2019 10:54 am

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) to Acquire Soldaze Cannabis Snacks; Video Highlights California Production Hub’s Value

TransCanna Holdings has signed an LOI to acquire Soldaze cannabis-infused fruit snacks, one of its 15 planned premium cannabis brands TransCanna’s recently acquired 196,000-square-foot self-contained production and distribution facility in Modesto, California, was featured in a new video tour of the site The facility is being developed as a hub for statewide distribution to various company satellite facilities in premium markets The company has plans for developing a still-larger cultivation facility on the 5.5-acre Modesto site as it grows and obtains more funding TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) has signed a non-binding letter of intent, dated May 15,…

WednesdayJun 05, 2019 12:16 pm

Uber Technologies Inc. (NYSE: UBER) Loss Greater than $1 Billion in Q1 2019, Public Transportation Service an Option

Uber reported a loss of $1.03 billion in Q1 2019; analysts see public-private transportation partnerships as a profitable option Uber posted 41 percent YOY growth in gross bookings in Q1 2019 at constant currency, excluding the impact of divested operations Offering public-transportation substitute services may be the solution to the “first mile, last mile” problem Uber Technologies Inc. (NYSE: UBER) posted an operating loss exceeding $1 billion for its Q1 2019 (http://ibn.fm/4godZ), the three months ended March 31, 2019. The loss represents a 116 percent decline from its $478 million loss during the same period in 2018. One potentially profitable option…

WednesdayJun 05, 2019 11:39 am

Growing Demand in Hemp Sector Breeds Opportunity for Major Hydroponics Cultivation Supplier Sugarmade Inc. (SGMD)

The booming hydroponics crop market is projected to be worth over $27 billion by 2022 Sugarmade is one of the largest publicly traded hydroponics supply companies investing in the legal cultivation sector The global industrial hemp market is expected to reach $10.6 billion by 2025 Sugarmade Inc. (OTCQB: SGMD), a major supplier to the growing hydroponic cultivation sector, is diversifying its portfolio with supply commitments to the budding industrial hemp sector. A new agreement with Kentucky-based hemp cultivator Hempistry Inc. to deliver resources for its plant micropropagation work reveals a solid strategy as Sugarmade moves into the legal cultivation space, as…

WednesdayJun 05, 2019 11:12 am

SinglePoint Inc. (SING) Launches National Distribution Initiative for Startup and Established CBD Companies

SinglePoint is undertaking a B2B cultivation effort to help companies specializing in cannabidiol (CBD) products reach a larger national market In conjunction with a national distribution partner, SinglePoint is offering to growing CBD product companies the potential of entering mass-market stores such as CVS, Kroger and Dollar Tree The ‘Strategics’ program may be particularly helpful as shelf space in the booming CBD industry tightens Investment bank Cowen & Co. is predicting a CBD market revenue outlook of $16 billion by 2025, growing from $600 million-plus in 2018 Emerging technology cultivator SinglePoint Inc. (OTCQB: SING) is launching a national distribution program that…

WednesdayJun 05, 2019 10:47 am

QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Receives Assay Results Confirming Significant Lithium Potential

Assay results from historical drill core strongly suggest additional tonnage at the Irgon property QMC continues to develop the Irgon property toward commercial production The global lithium-ion battery market is projected to eclipse $60 billion by 2024 Lithium is well known by consumers as being a necessary component of rechargeable lithium-ion batteries, which are essential to power electric vehicles and other smart, mobile devices. A recent report by Global Market Insights projects that the global lithium-ion battery market will surpass $60 billion by 2024 as the growing adoption of electric vehicles, coupled with government initiatives to promote sustainable, green technology,…

WednesdayJun 05, 2019 10:20 am

Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Expands Opportunities for 1906 Edibles

LXRP has expanded its cannabis product relationship with Nuka Enterprises’ 1906 brand DehydraTECH enables 1906 chocolates to deliver on both function and flavor The company is expecting a tenfold increase in sales with expansion to legal markets Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP), the developer and out-licenser for the disruptive and cost-effective DehydraTECH, recently announced that it has expanded its cannabis product relationship with Nuka Enterprises LLC, maker of 1906 cannabis edibles for high-functioning adults (http://ibn.fm/d1Uuv). Since its beginnings in 2016, 1906 chocolates have benefited from DehydraTECH technology. In three short years, Nuka has become Colorado’s fastest-growing edibles company, and…

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