News Archives - Page 635 of 759

ThursdayJun 13, 2019 10:56 am

Net Element Inc. (NASDAQ: NETE) Launches Artificial Intelligence-Based Underwriting Solution

Blade is a brand new, artificial intelligence-powered underwriting and merchant onboarding solution Due to the learning capabilities of AI software, the new solution will gradually become more effective, reducing decision-making time and bringing down the risk of errors Demand for artificial intelligence products for use in corporate environments is anticipated to grow rapidly, with financial service companies expected to spend over $11 billion on such products in 2020 Global technology and value-added solutions group Net Element Inc. (NASDAQ: NETE) is launching Blade – an artificial intelligence-based, fully-automated underwriting solution with predictive scoring, a company announcement noted (http://ibn.fm/rT3r4). Blade is developed for…

ThursdayJun 13, 2019 10:26 am

Sproutly Canada Inc.’s (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Proprietary Water-Soluble CBD Formula to be Delivered in Consumable Brands

Sproutly’s groundbreaking discovery of naturally water-soluble cannabinoids is projected to be a disruptor in the emerging cannabis beverage and edibles market Chief Science Officer Dr. Arup Sen leads the company’s research and development team, which has created 44 different formulations to date The company has entered into an exclusive joint venture with Moosehead Breweries Limited to develop and produce nonalcoholic, cannabis-infused beverages Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) is advancing its core mission of becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils for beverages and edibles by meeting several key milestones. The company’s chief…

ThursdayJun 13, 2019 10:03 am

Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Secures Financing, Receives Organic Certification for Recreational Cannabis

The company’s recreational cannabis plants and growing processes received organic certification from Pro-Cert Organic Systems Ltd. The certification is an important part of the company’s expansion strategy, as the market demand for organic cannabis products is on the upswing Organigram recently announced that it has secured a C$140 million credit facility with Bank of Montreal as the lead arranger and agent, which will largely be used to fund the company’s expansion plans and to refinance existing long-term debt The end of May 2019 marked several exciting developments for Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI), a leading Canadian licensed producer…

WednesdayJun 12, 2019 11:34 am

Geyser Brands Inc. (TSX.V: GYSR) Plans to Utilize NanoFusion Technology in World’s First Hemp-Infused Pet Food Product

Geyser Brands announced an innovative pet care product through its recent acquisition target The burgeoning pet care market has seen prominent growth The company plans to utilize NanoFusion technology in WildTails’ product development Geyser Brands Inc. (TSX.V: GYSR), a leading consumer health care company, recently announced the world’s first hemp-infused, freeze-dried pet food through its acquisition target, Solace Management Group Inc. The company’s announcement aligns with its vision to help people and their pets worldwide with a range of discomfort and health care issues (http://ibn.fm/iXmif), and to support innovation through R&D and product development. This latest new brand, WildTails, joins…

WednesdayJun 12, 2019 11:02 am

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Enters Canada’s Vaporizer Market through Strategic Partnership

The exclusive partnership with PAX Labs will enable Supreme Cannabis and its subsidiary, 7ACRES, to access the highly lucrative vaporizer market 7ACRES will become one of only four companies to supply cannabis oil pods for the PAX Era The partnership provides a significant strategic advantage to Supreme Cannabis due to PAX’s market penetration; currently, the company has over 1.5 million devices sold worldwide A partnership between The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) and PAX Labs Inc. will enable Supreme to become the foundational brand partner and supplier for premium vaporizer the PAX Era in Canada.…

WednesdayJun 12, 2019 10:42 am

Spectrum Global Solutions Inc.’s (SGSI) Bundled Services Strategy Provides Edge in Telecommunications Growth Market

SGSI sees a dynamic market opportunity in new 5G site projects A spike in installation demand combined with limited qualified services firms could result in a financial opportunity for SGSI The company reported positive income from operations during the first quarter of 2019 Spectrum Global Solutions Inc. (OTCQB: SGSI) says that its bundling of services and the low number of qualified services firms in the growing telecommunications market helped drive higher revenues and growth in its margin potential on projects in the first quarter of 2019 (http://ibn.fm/XUSUd). Notably, SGSI reported first quarter revenues of $11,335,732 for the three months ended March…

WednesdayJun 12, 2019 10:19 am

Earth Science Tech Inc. (ETST) Offers Medical, Industrial Hemp Products as Leader in the CBD Sector

Earth Science Tech is a biotechnology company offering high-grade cannabinoids ETST has diverse subsidiaries that promote the company’s role as a leader in the CBD sector Earth Science Tech has various partnerships and distribution agreements in place Earth Science Tech Inc. (OTCQB: ETST) operates in the hemp cannabinoid, nutraceutical, pharmaceutical and medical device research and development fields. A biotechnology company headquartered in Doral, Florida, ETST markets high purity and quality full-spectrum cannabinoids. The company’s wholly owned subsidiaries – including Earth Science Pharmaceutical Inc., Cannabis Therapeutics Inc. and Canna Inno Laboratories Inc. – concentrate on developing Earth Science Tech’s role as…

TuesdayJun 11, 2019 10:55 am

INmune Bio Inc. (NASDAQ: INMB) Focusing on New Immunotherapies that Reprogram Immune Systems

INmune Bio is at the vanguard of reprogramming the innate immune system for the treatment of disease The company’s focus is on modulating components of the innate immune system to treat cancer and Alzheimer’s disease INmune Bio’s drug candidates include INKmune, INB03 and XPro1595 INmune Bio Inc. (NASDAQ: INMB) is a diversified, clinical-stage biotechnology company headquartered in La Jolla, California. The company is hoping to develop new immunotherapies that reprogram patients’ innate immune systems to allow the immune systems to fight cancer and Alzheimer’s disease. INmune drug candidates INKmune and INB03 may be used to treat cancer, while XPro1595 targets…

TuesdayJun 11, 2019 10:34 am

Geyser Brands Inc. (TSX.V: GYSR) Moves Forward with Acquisition of Hemp- and CBD-Based Pet and Consumer Health Care Brands

Geyser Brands is entering into a definitive agreement for the acquisition of Solace Management Group for an aggregate purchase amount of $3.9 million The acquisition will enable Geyser to broaden the scope of its CBD- and hemp-based product range, helping solidify its position on the international market Solace has an extensive portfolio of pet and consumer products, as well as licensing distribution and production arrangements Consumer health care company Geyser Brands Inc. (TSX.V: GYSR) recently announced its entry into a definitive agreement for the acquisition of Solace Management Group Inc., a private corporation existing under the laws of British Columbia.…

TuesdayJun 11, 2019 10:14 am

VPR Brands LP’s (VPRB) Top Line Growth Highlights Scalability Fueled by Capital Infusion

VPR Brands’ quarterly revenues are up by 31 percent The company maintains healthy gross operating margins in excess of 40 percent The e-cigarette/vapor market is estimated to hit $9 billion in 2019 Recent financial results released by VPR Brands LP (OTC: VPRB) show that the multi-brand developer and marketer of nicotine and cannabis products has what it takes to scale up successfully. Revenues for the first quarter of 2019 are up, year-over-year, approximately 31 percent, continuing the trend from the year before, when the top line for 2018 climbed to $4,613,300 and marked a 28 percent increase over 2017 revenues of…

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