News Archives - Page 607 of 744

ThursdayAug 01, 2019 11:04 am

Lions Gate Entertainment Corp. (NYSE: LGF) Opens Innovative Theme Park in China’s Bustling Economy as Part of Active Fiscal Year

Lionsgate’s production studios have claimed 30 Academy Awards, 29 Emmys and nearly $10 billion in box office revenues over the past five years The company opened the world’s first vertical amusement park on July 31, set around themes evident in its most successful young adult-targeted movies, such as The Hunger Games and Twilight China’s amusement park industry is booming thanks to a growing middle-income demographic; it is projected to reach $12 billion in retail sales by next year, marking a 367 percent increase from a decade ago Global and vertically oriented entertainment content provider Lions Gate Entertainment Corp. (NYSE: LGF.A)…

WednesdayJul 31, 2019 12:41 pm

Trxade Group Inc. (TRXD) Reports Ongoing Revenue Records in Second Quarter Financial Filing

Trxade Group reported record revenues of over $1.9 million in its second quarter filing, as well as increased operating income and net income obtained through its acquisition of independent pharmacy services Trxade Group is a pharmaceutical services network dedicated to helping independent pharmacies remain competitive through its web-based purchasing platform, data analytics and delivery services Trxade also reported a year-over-year increase in operating income, from $31,446 to $132,705, and net income, from $20,513 to $57,981 Gross profits rose to more than $1.1 million, with a gross margin of 60.7 percent offset by increased cost of sales from one of the…

WednesdayJul 31, 2019 11:39 am

Evolving Telecommunications Industry Providing Fertile Ground for Spectrum Global Solutions Inc. (SGSI) and its End-to-End Network Services

The home video services industry is undergoing a significant evolution, as younger consumers increasingly edge away from traditional cable TV and gravitate toward streaming services that are viewable on mobile devices End-to-end network technology provider Spectrum Global Solutions has positioned itself well to meet the evolving industry’s infrastructure and ongoing maintenance needs The company serves clients large and small throughout the United States and its territories, including telecommunications giants such as Ericsson, Nokia, Sprint, AT&T and Verizon SGSI’s acquisition of German energy infrastructure technology company WaveTech GmbH further positions its operations to respond to clients on an international scale Online…

WednesdayJul 31, 2019 10:46 am

Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: 71P) Enters California Cannabis Market with Dispensary in Southern Desert

Cannabis industry investment builder Nabis Holdings has purchased Desert Hot Springs’ Desert’s Finest dispensary The new asset gives Nabis an entry point into the world’s largest cannabis industry market, and it is strategically located near the annual Coachella Music Festival Nabis envisions revenues of C$14.8 million this year with a leap to C$167.9 million next year, translating into forecasts of C$4.1 million in profits this year and C$67.5 million in 2020 The remarkable rise of the cannabis industry and its variety of sectors has created a sea change in some market metrics, drawing investors’ risk capital from last year’s newsmakers (http://ibn.fm/R8ubX).…

TuesdayJul 30, 2019 11:18 am

Pressure BioSciences Inc.’s (PBIO) Entry into CBD Market Aims Next-Gen Nanoemulsification Platform at Critical Water-Solubility Issues

PBIO’s proprietary Ultra Shear Technology (UST) platform achieves the long sought-after ability to create truly water-soluble CBD oil that can provide optimized bioavailability CBD sales are projected to reach $89 billion by 2024 with a CAGR of 37 percent (2018-2024 forecast period) Analysts predict that the biggest short-term challenge for CBD businesses will be oversaturation and stiff competition in the marketplace; companies producing the highest-quality, most bioavailable CBD products are expected to earn top customer loyalty Finding success in the lucrative yet ultra-competitive CBD industry is a daunting challenge for businesses in the space, with oversaturation in the marketplace being…

TuesdayJul 30, 2019 10:42 am

City View Green Holdings Inc. (CSE: CVGR) Strengthening Finance Strategy, Constructing Cannabis Production Facility Near Toronto

City View Green Holdings is completing the construction of a 40,000-square-foot cannabis cultivation facility in the Toronto-area following an all-clear notice from Health Canada under its new licensing regulations City View began trading on the Canadian Stock Exchange in March and has recently cleared more than half a million dollars in debt as part of efforts to strengthen its financial profile The company expects its 19.9 percent stake in Canadian retailer Budd Hutt to provide it with an avenue for gaining shelf space in Alberta and for other retail opportunities across the country CVGR’s fledgling operation has the benefit of…

MondayJul 29, 2019 12:53 pm

City View Green Holdings Inc. (CSE: CVGR) to Build Retail Footprint, Adds Depth to Green Team

City View Green Holdings and Budd Hutt recently announced an agreement to acquire eight retail cannabis store locations in Alberta The potential economic impact of legalized adult-use cannabis in all its forms, along with transportation, licensing fees and security, is estimated at more than $22 billion in Canada City View’s focus is on growing high quality flower and creating premium edible offerings, distillates and water-soluble products City View Green Holdings Inc. (CSE: CVGR), a vertically integrated cannabis company focused on seed to retail, is creating a diversified company that investors can appreciate. City View has successfully attracted top talent in…

MondayJul 29, 2019 12:24 pm

SinglePoint Inc. (SING) Sees Growth Across Multiple Revenue Streams

Direct Solar achieved more than $3 million in solar contracts in just 60 days SING has expanded into the commercial solar market, opening up additional revenue streams CEO shared news from multiple revenue streams on MoneyTV with Donald Baillargeon SinglePoint Inc. (OTCQB: SING) is a well-diversified holding company. What started as a full-service, mobile-technology provider has grown into a recognized brand with multiple revenue streams. A recent acquisition in alternative energy has exceeded the company’s expectations, and growth is abundant across all of the company’s revenue streams. Direct Solar, a subsidiary of SING, is a leading solar energy brokerage providing…

MondayJul 29, 2019 11:43 am

Research Highlights Virtues of INmune Bio Inc.’s (NASDAQ: INMB) Strategy in Fighting Cancer with Body’s Own Natural Cells

California-based INmune Bio is developing therapies to battle cancers and Alzheimer’s disease by more effectively engaging the body’s own natural defenses Research published in a peer-reviewed scientific journal shows a mechanism by which scientists can track and strategize natural killer cell promotion as an innate physical response to cancer in lieu of other pharmaceutical inducements INmune Bio’s INKmune product, derived from the cell line used in its research, naturally targets “residual disease” cells that may survive other cancer treatments and revitalize themselves to create a relapse of cancer The battle to marshal naturally occurring cells within the human body to…

MondayJul 29, 2019 11:04 am

Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Plans to Acquire Truverra Inc.

Supreme’s Truverra acquisition is valued at approximately C$20 million Supreme Cannabis intends to repurpose Truverra’s Health Canada-licensed facility to produce cannabis extracts for use in concentrates and vaping liquids The company will gain entry into Europe through Truverra’s subsidiary The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) intends to acquire privately held, Toronto-based Truverra Inc. in a three-cornered amalgamation between Truverra, Supreme Cannabis and a wholly owned subsidiary of Supreme Cannabis. The transaction for 14.7 million common shares of Supreme Cannabis has a value of approximately C$20 million (http://ibn.fm/3Itkx). Truverra’s Health Canada-licensed facility in Toronto, Ontario, will produce…

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