QualityStocksNewsBreaks Archives - Page 1113 of 1453

WednesdayJul 24, 2019 9:28 am

QualityStocksNewsBreaks – IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) (FRA: IB3) Finalizes Acquisition of Zoots Premium Cannabis Infused Edibles

IONIC Brands (CSE: IONC) (OTC: IONKF) (FRA: IB3) this morning announced the successful completion of its acquisition of Washington-based Natural Extractions, Inc. d/b/a Zoots Premium Cannabis Infused Edibles. The total consideration for the purchase of Zoots is approximately US $11 million, comprised of US $855,000 cash and issuance of 9,635,150 common shares at C$1.30 per share to the vendors of Zoots, and the assumption of US $606,420 in outstanding debt. Additionally, the vendors have agreed to a lock-up agreement whereby up to 70% of the consideration shares are released over nine months. IONIC will also issue to the shareholders of…

TuesdayJul 23, 2019 3:08 pm

QualityStocksNewsBreaks – Willow Biosciences Inc. (CSE: WLLW) Joint Development Agreement to Create Biosynthesis Platform for CBD Production, Distribution

Willow Biosciences (CSE: WLLW) recently entered a joint development agreement (“JDA”) with leading cannabinoid manufacturer Noramco Inc. to develop a yeast-based biosynthesis platform for the production and distribution of cannabidiol (“CBD”) (http://ibn.fm/8F330). An article further discussing the company reads, “The JDA is mutually exclusive and creates an enviable arrangement designed to take advantage of each company’s unique and compelling skill sets, the news release notes. The JDA requires each company to cover its own costs, retain its own intellectual property associated with its own scopes of work and share equally in the gross profits from sales of CBD produced under…

TuesdayJul 23, 2019 2:51 pm

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Remains Ahead of the Pack with Innovative Delivery Technology

Biotechnology company Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) is the developer of the drug-delivery platform DehydraTECH(TM). The company’s innovative technology promotes healthier ingestion methods, lower overall dosing and higher effectiveness of lipophilic active molecules. An article discussing the company reads, “One of the delivery challenges is the amount of CBD waste created, because the human body can only absorb a small amount of the molecules. DehydraTECH is disrupting this cycle by protecting the product during stomach transit, amplifying intestinal absorption by five to ten times over traditional methods and enabling the drug to bypass first-pass liver metabolism. Third-party lab studies…

TuesdayJul 23, 2019 2:00 pm

QualityStocksNewsBreaks – Endonovo Therapeutics Inc.’s (ENDV) SofPulse Safely Reduces Pain, Swelling

Endonovo Therapeutics (OTCQB: ENDV) is a commercial-stage developer of noninvasive Electroceutical(TM) Therapeutic devices that target patient pain and inflammation while supporting wound recovery. An article discussing the company reads, “Targeting inflammatory conditions in vital organs and peripheral tissues, Endonovo’s SofPulse(R) is clinically proven to significantly speed the recovery process and reduce the need for potentially addictive pain medications, thereby improving the patient’s natural recovery experience (http://ibn.fm/qHmMQ). . . . The efficacy of SofPulse targeted pulsed electromagnetic field therapy (tPEMF), which uses targeted microcurrents to transmit gentle pulses to the tissue, is well documented and supported by peer-reviewed clinical research. Among the…

TuesdayJul 23, 2019 12:09 pm

QualityStocksNewsBreaks – Supreme Cannabis Company Inc.’s (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) New Investment Platform Targets UK, European CBD Health and Wellness Sector

Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) recently launched a new investment platform called Supreme Heights. Established in London, the platform will capitalize on opportunities within the UK and European CBD health-and-wellness space. An article discussing the company reads, “While Supreme Heights has been initiated as a separate entity, the platform has solid foundational support and will benefit from Supreme Cannabis’ regulatory, product commercialization, supply chain, marketing and capital markets expertise, as well as corporate support services (http://ibn.fm/Fsts5). Additionally, Supreme Heights will benefit from Supreme Cannabis’ experience launching premium brands and its team’s history of supporting health and…

TuesdayJul 23, 2019 9:46 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Direct Solar Achieves $3.4M in Contracts in Just 60 Days

Technology and investment company SinglePoint (OTCQB: SING) today announced that Direct Solar has surpassed expectations in signing contracts to deploy $1,709,852 in solar installs over the past 30 days, bringing its two month totals to $3,419,312 in contracts, $1,687,886 in revenue and $757,700 in net. According to the update, most of the revenue derived from these contracts will be recognized throughout the third and fourth quarter. It is expected that the previous 30 days should generate approximately $884,117 in gross and $396,159 in net. SinglePoint and Direct Solar management teams are very optimistic for the company’s future as solar becomes…

TuesdayJul 23, 2019 9:40 am

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Prelaunch of Viva Buds Inc.

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, this morning announced the prelaunch of cannabis delivery service Viva Buds Inc. in the San Fernando Valley in Los Angeles, California, with sign-ups now available on its website. MCOA and Natural Plant Extracts of California (“NPE”) established a joint venture (“JV”) in March to form Viva Buds, sharing the net profits on a 50-50 basis. NPE is responsible for managing all operations relating to distribution, manufacturing and delivery of cannabis products, and MCOA will provide capital, consulting and marketing services. The staff and marketing team of Viva Buds…

MondayJul 22, 2019 11:24 am

QualityStocksNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Subsidiary Secures North Carolina Hemp Processing Licenses

Full-scope, science-driven premium cannabis cultivation and branding enterprise Green Hygienics Holdings Inc. (OTCQB: GRYN) today announced that it has secured licenses for the processing of hemp in the state of North Carolina. Per the update, the North Carolina Industrial Hemp Commission granted the licenses to the company’s newly formed subsidiary, Coastal Labs North Carolina LLC. The Food and Drug Division of the North Carolina Department of Agriculture and Consumer Services provides guidance regarding the manufacture and sale of products that contain CBD. In addition, Green Hygienics North Carolina LLC, the company’s second subsidiary in the state, will be partnering for…

MondayJul 22, 2019 10:31 am

QualityStocksNewsBreaks – Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) Completes Investment in Applied Cannabis Sciences of New Jersey

Chemistree Technology Inc. (CSE: CHM) (OTCQB: CHMJF) this morning announced that, through a wholly owned U.S. subsidiary, it has finalized its investment into Applied Cannabis Sciences of New Jersey ("ACS"). The investment was previously announced in an April 15, 2019, press release as a letter of intent. According to the update, ACS will submit its application in the upcoming New Jersey round of Request for Applications (“RFA”), through which the state will issue 24 new permits comprising of 15 dispensary permits, 5 cultivation permits and 4 vertically integrated permits. "Completing this investment with ACS and being on the ground floor…

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