FridayAug 30, 2019 9:56 am

QualityStocksNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Releases Fiscal 2019 Q2 Financial Results, Achieves $5.9M Revenue Milestone

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) on Thursday released its second quarter 2019 financial results as it achieves a $5.9M revenue milestone for the first half of year. The company reported highlights for the quarter ended June 30, 2019 that include completion of a number of strategic acquisitions, as well as a concurrent brokered and non-brokered debenture unit offering raising approximately C$20 million in gross proceeds. “We are very pleased with our second quarter financial results, achieving our focus of increasing sales growth while closing a successful financing for various strategic business acquisitions all in a span of…

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FridayAug 30, 2019 9:34 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Portfolio Company Acquires Ultra-Premium Cannabis Brand

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) on Thursday announced that its portfolio company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) has entered definitive agreements to acquire ABI SF, LLC. ABI SF operates a Bay Area cannabis cultivation facility and owns the State Flower brand, which is recognized for its ultra-premium cannabis flower. California-based cannabis producer State Flower focuses on its craft approach to cultivation, using first-class genetics at an Envirocann certified facility in San Francisco. “This announcement is yet another example of TerrAscend delivering on its U.S. expansion plans, providing ever-growing U.S. exposure to Canopy Rivers' and TerrAscend's shareholder base,” Canopy…

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ThursdayAug 29, 2019 3:27 pm

QualityStocksNewsBreaks – Why Quest Patent Research Corp. (QPRC) Is ‘One to Watch’

New York City-based Quest Patent Research (OTCQB: QPRC) is an intellectual property (“IP”) asset-management firm that delivers financial, strategic and legal resources for IP monetization via majority-owned and controlled operating subsidiaries. A recent article discussing the company reads, “Quest creates shareholder value through investment and management interests in intellectual property assets, such as patents, trademarks, copyrights, novel inventions and trade secrets. Through its business, shareholders have the opportunity to participate across a broad portfolio of dynamic assets in the burgeoning intellectual property space. . . . Invention, protection and commercialization of IP require a deep understanding of dynamic technologies, market…

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ThursdayAug 29, 2019 2:59 pm

QualityStocksNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Enters Alternative Cannabis Consumption Space via Strategic Acquisition

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, recently announced that is has acquired 49% of Cannova Medical Ltd. (http://ibn.fm/gtyG6). Based in Israel, Cannova is a provider of innovative solutions for cannabis consumption, such as sublingual strips. An article discussing the company reads, “According to Cannova, the use of sublingual strips allows for better control of dosage quantities and an enhanced effect of active compounds. These sublingual strips can be used to achieve an array of goals like pain management, enhanced sleep quality and…

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ThursdayAug 29, 2019 2:48 pm

QualityStocksNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) Focuses on Optimizing Liquid Pest-Control Formulation

MustGrow Biologics (CSE: MGRO), an agricultural biotech company, is concentrating its efforts toward the development of a liquid formulation that will support fruit, vegetable, turf, ornamental, tobacco and cannabis products. A recent article discussing the company reads, “MustGrow’s scientific focus this year is on using funds to optimize its liquid formulation and to research the potential for cannabis application. In addition, it is looking to bring in third-party products for the cannabis market under distribution and in-licensing agreements. The first of these third-party products includes an agreement with Triangle Plant Sciences (‘TPS’) to offer exclusive Canadian and global access to…

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ThursdayAug 29, 2019 12:54 pm

QualityStocksNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Gains Media Attention Following Four Profitable Quarters

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), the parent company of Organigram Inc., a leading licensed producer of cannabis, recently received coverage in a Bloomberg article discussing OGI’s financial results for the last four quarters (http://ibn.fm/BUMhB). An article further discussing the company reads, “Organigram’s Q3 and fiscal year-to-date results represent some of the strongest operating and financial metrics amongst Canadian licensed producers. With one of the lowest cultivation costs per gram and continued discipline on selling, general and administrative expenses, Organigram’s results place it in the top tier of the Canadian industry. . . . As per the Bloomberg article, Organigram’s…

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ThursdayAug 29, 2019 12:47 pm

QualityStocksNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Dedicated to Offering High-Quality Cannabis Products

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), is devoted to offering high-quality cannabis products. An article discussing the company reads, “Grapefruit’s dedication to quality and service means that, in addition to being able to offer a large and diverse inventory of superior cannabis products that can be delivered within 24 hours of order, the company’s wholesale distribution arm will also offer high-quality, competitively priced raw materials to other manufacturers and distributors. Grapefruit’s extraction lab produces high-quality distillate or ‘honey oil,’ a universal product used in everything from infused edibles and tinctures/creams to the ‘fuel’ used…

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ThursdayAug 29, 2019 10:27 am

QualityStocksNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Positive Progress on Plant Expansion Permit

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), a fully integrated surface oil sands mining oil company with proprietary technology‎, today announced the ending of the 30-day comment period for its 3,000 barrel per day expansion permit, indicating that the State of Utah, Department of Oil, Gas, and Mining Division (“UDOGM”) did not receive any comments on the company’s Significant Revision Notice of Intent (“NOI”). Based on the July 23, 2019 tentative approval letter and since no comments were received, the UDOGM has indicated that it can now formally approve Petroteq’s proposed expansion NOI, contingent on final modification of the reclamation contract…

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ThursdayAug 29, 2019 10:20 am

QualityStocksNewsBreaks – VPR Brands LP (VPRB) Designated as Exclusive Vendor for JUST Brands in New Line of Vape Batteries

Innovative technology holding company VPR Brands LP (OTCQB: VPRB) this morning announced that it was designated as the exclusive vendor to design and manufacture vape batteries for JUST Brands, most commonly known for JUST CBD. According to the update, the new line will be known as JUST Batteries and will build out a comprehensive high-quality assortment of vaporizer batteries. “JUST Brands hit it out of the park with their JUST CBD brand, and the new battery and vape line will be a nice addition to fill out their offering to their distribution channels,” Kevin Frija, CEO of VPR Brands LP,…

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ThursdayAug 29, 2019 9:40 am

QualityStocksNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Releases Q1 Financial Results, Provides Solace Acquisition Update

Geyser Brands (TSX.V: GYSR) this morning released its first quarter financial statements for the three months ended June 30, 2019. According to the update, the company generated its first revenues of $79,434 during the quarter and reported $64,690 in gross profit, representing an 81 percent gross profit margin. In addition, Geyser Brands announced that, in connection with its conditional approval of the Solace Management Group Inc. acquisition, it is submitting all information to the TSX Venture Exchange for review. “We have begun to operationalize our manufacturing and processing capabilities, generating our first revenues during Q1,” GYSR CEO Andreas Thatcher said…

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