QualityStocksNewsBreaks Archives - Page 1102 of 1387

TuesdayApr 16, 2019 12:42 pm

QualityStocksNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters LOI to Acquire Coastal Labs

Premium cannabis firm Green Hygienics Holdings Inc. (OTCQB: GRYN) this morning announced its entry into a letter of intent to acquire Coastal Labs. Las Vegas-based Coastal Labs was founded in 2014 by Kavan Thanasith and Travis Chrisman with the intention of providing raw CBD products to CBD merchants under the Coastal Pay umbrella. In 2017, it was recognized by San Diego Business Journal as one of the top 100 fastest-growing private companies. Per the update, Coastal Labs has generated various revenue sources by expanding its network throughout different sectors of the industry, with a focus on sales of seeds, hemp…

TuesdayApr 16, 2019 12:05 pm

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Posts Q4, Full Year 2018 Financial Results

Youngevity International (NASDAQ: YGYI), a leading omni-direct lifestyle company, this morning announced financial results for the fourth quarter and full year ended December 31, 2018. Among other highlights, the company reported full year revenues of $162.4 million; full year adjusted EBITDA of $7 million, up from negative $549,000 in 2017; and full year operating loss of $2.6 million, a 55% improvement from $5.9 million in the prior year. “We are encouraged by the improvement in our gross margins and the significant turnaround in Adjusted EBITDA over 2017. We are seeing revenue stabilization in the direct selling segment and we anticipate…

TuesdayApr 16, 2019 11:53 am

QualityStocksNewsBreaks – Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Enters EU Market through Agreement with Two Towers

Vancouver-based Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) today announced that it has signed an agreement with Two Towers to expand the Wildflower Wellness brand’s CBD+ line of products into Poland. Per the update, Two Towers, a major wholesale prescription medical and over the counter wellness distribution company in Poland, is an extension of Omega Rex, a group of 14 pharmacies operating around the central capital region of Warsaw. “The European market is fragmented with no CBD market leaders,” William MacLean, CEO of Wildflower Brands, stated in the news release. “Our agreement with Two Towers vastly reduces barriers to moving…

TuesdayApr 16, 2019 11:12 am

QualityStocksNewsBreaks – Canopy Rivers Inc. (TSX.V: RIV) (OTC: CNPOF) Invests in High Beauty

Canopy Rivers (TSX.V: RIV) (OTC: CNPOF) this morning announced the completion of an investment in High Beauty, the creator of the cannabis beauty brand high. According to the update, the company has subscribed for $2.5 million of shares representing 18.4% of High Beauty on a fully diluted basis, including additional warrant coverage. “We have been actively pursuing opportunities in the health and beauty industry, guided by a growing consumer trend of brand new, innovative and functional beauty products. Enter high,” Canopy Rivers president Narbe Alexandrian stated in the news release. “Led by Melissa Jochim, a repeat entrepreneur, preeminent formulator and…

TuesdayApr 16, 2019 10:48 am

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) CEO to Present at Benzinga Cannabis Capital Conference

Cannabis product manufacturer Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) this morning announced that its co-founder and chief executive officer, Jake Heimark, will be presenting at the third annual Benzinga Cannabis Capital Conference on April 18, 2019, at 1:20 p.m. ET. As noted in the news release, Benzinga describes Cannabis Capital Conference as “The premier gathering of cannabis entrepreneurs and investors in North America.” An audience of over 750 institutional and retail investors, public and private companies and media representatives is expected to attend the event, which is scheduled to take place on April 17-18 at the Fairmont Royal York in…

TuesdayApr 16, 2019 10:18 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Completes Purchase of Vertically Integrated Cannabis Facility in California

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced its completion of the purchase of a 196,000 square foot vertically integrated cannabis facility. Per the update, the total purchase price for the property was $15 million. “A tremendous effort by the TransCanna team on closing arguably the largest vertically integrated cannabis focused facility in California,” TransCanna CEO Jim Pakulis said in the news release. “Simultaneous to putting our efforts into purchasing the facility, we've been searching extensively for the key individuals who will be overseeing the day to day operations. We've made great strides over the past several weeks and should…

TuesdayApr 16, 2019 9:33 am

QualityStocksNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Receives Additional $426,000 to Proceeds of $1 Unit Offering

Lithium-focused exploration company Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) on Monday announced its receipt of subscriptions for a further $426,000 of the company’s $1.00 unit offering. According to the update, Standard Lithium has accepted the subscriptions and has issued 426,000 units, each at price of $1.00, with each unit consisting of one company common share and one-half-of-one common share purchase warrant (each whole warrant, a “warrant”). Holders of each warrant are entitled to acquire one additional common share of the company, at a price of $1.30 per share, for a period of thirty-six months and subject to adjustment…

MondayApr 15, 2019 2:03 pm

QualityStocksNewsBreaks – Genprex Inc. (NASDAQ: GNPX) at Forefront to Advance Innovative Developments in Fight Against Lung Cancers

Clinical-stage gene-therapy company Genprex (NASDAQ: GNPX) is at the forefront to advance innovative developments in the war against lung cancers, testing its trademarked Oncoprex immunogene therapy. A recent article discussing this reads, “Oncoprex’s phase I and II clinical-stage trial therapies are designed to administer cancer-fighting genes by encapsulating them into nanoscale hollow spheres called nanovesicles, which are then administered intravenously and taken up by tumor cells where they express proteins that are missing or found in low quantities (http://ibn.fm/w3bUK). The company has a portfolio of 30 issued patents and two more pending, and it is also conducting preclinical research to…

MondayApr 15, 2019 10:58 am

QualityStocksNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Partners with NJ Medical Retail Cannabis License Applicant

Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) this morning announced that its wholly owned U.S. subsidiary, American CHM Investments Inc., has entered a letter of intent to partner with Applied Cannabis Sciences of New Jersey ("ACS"), a New Jersey-based medical retail dispensary applicant in the state’s upcoming round of request for applications, which is anticipated in 2020. ACS’s leadership team combines seasoned professionals from the legal medicinal and adult use marijuana industry with over 50 years of collective experience and includes over 20 cultivation, processing and manufacturing licenses across four U.S. states (Washington, Oregon, California and Colorado). "We are excited…

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