QualityStocksNewsBreaks Archives - Page 1153 of 1496

TuesdayJul 30, 2019 10:55 am

QualityStocksNewsBreaks – VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) Commences CO2 Extraction Operations at Napanee Facility

VIVO Cannabis Inc. (TSX.V: VIVO) (OTCQX: VVCIF) this morning announced that its wholly-owned subsidiary, ABcann Medicinals Inc., has received Health Canada approval to commence extraction operations using its on-site super-critical CO2 extraction system. According to the update, upon its Napanee facility’s receipt of EU-GMP certification and subject to receipt of all necessary import and export permits, the company is expected to be able to ship extracted cannabis products to Europe and other countries for scientific and medical purposes, in addition to selling domestically. "We are extremely excited to commence CO2 extraction operations at our Napanee facility," Vice-President, Napanee Operations Gary…

TuesdayJul 30, 2019 10:12 am

QualityStocksNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Summarizes DehydraTECH(TM) Technology Licensees

Biotechnology company and drug delivery platform innovator Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP) today reported on its existing technology licensees that have entered definitive contracts to use its revolutionary DehydraTECH(TM) absorption technology within their existing and emerging brands. “The first half of 2019 delivered a period of unprecedented achievements for Lexaria. We signed more license agreements than ever before in our Company’s history, many of which were larger in scope than anything previous,” Lexaria Chief Executive Officer Chris Bunka said in the news release. “We also launched our brand-new business division Lexaria Nicotine which is disrupting nicotine delivery methods that…

TuesdayJul 30, 2019 9:54 am

QualityStocksNewsBreaks – Sproutly Canada Inc. (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) Announces Q1 2020 Financial Results

Sproutly Canada (CSE: SPR) (OTCQB: SRUTF) (FRA: 38G) on Monday announced its financial results for the first quarter ended May 31, 2019. Among the updates, the company’s cash position was $3.85 million as of May 31, 2019; Toronto Herbal Remedies Inc. has received a Health Canada processing license; and the company entered into a definitive agreement with OCC Holdings Ltd., an affiliate of Moosehead Breweries Ltd, to form a joint venture. "We are off to a strong start in 2020 with the completion of our first quarter, which saw us sign the definitive agreement with Moosehead and make advancements in…

TuesdayJul 30, 2019 9:41 am

QualityStocksNewsBreaks – Green Growth Brands Inc. (CSE: GGB) (OTCQB: GGBXF) Posts Updated Terms to Spring Oaks Acquisition

Green Growth Brands (CSE: GGB) (OTCQB: GGBXF), a lifestyle-oriented cannabis company, on Monday announced an amendment to the share purchase agreement dated June 3, 2019 with Spring Oaks Greenhouses, Inc. Per the amended agreement, GGBXF will acquire all of the issued and outstanding shares of capital stock of Spring Oaks. According to the amendment, the purchase price of $54,650,000 will be comprised of a previously paid deposit of $1,350,000; a cash payment of $2,000,000 at closing, subject to certain adjustments acknowledged in the agreement; a cash payment of $3,000,000 due on August 31, 2019; the issuance of 7,133,297 common shares…

MondayJul 29, 2019 3:10 pm

QualityStocksNewsBreaks – Organigram Holdings Inc. (TSX.V: OGI) (NASDAQ: OGI) Increases Licensed Production Capacity

Organigram Holdings (TSX.V: OGI) (NASDAQ: OGI), parent company of Organigram Inc., a leading licensed producer of cannabis, recently obtained approval from Health Canada for the licensing of all of the company’s Phase 4A buildout plans, increasing its total licensed production capacity to 61,000 kg. per year (http://ibn.fm/jGAdq). An article discussing the company reads, “Once fully licensed and operational, the full Phase 4 expansion is expected to bring the company’s annualized target production capacity to approximately 113,000 kg. of dried-flower equivalents. . . . ‘Organigram’s continued expansion reflects ongoing growth in the cannabis marketplace, including increasing demand as new retail stores…

MondayJul 29, 2019 3:00 pm

QualityStocksNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Gains Approval for Listing of Debentures, Warrants on the CSE

Plus Products (CSE: PLUS) (OTCQX: PLPRF) recently announced the listing of its debentures and warrants from its brokered private placement on the Canadian Securities Exchange under ticker symbols ‘PLUS.DB’ and ‘PLUS.WT’ on July 2, 2019 (http://ibn.fm/GpEOX). An article discussing the company reads, “The warrants and debentures were part of a private placement that raised CA$25 million, with the funds to be used for working capital and other general corporate purposes. . . . The private placement of unsecured convertible note units closed on February 28 (http://ibn.fm/yxOqU). The brokered private placement of 25,000 units of the company at a price of…

MondayJul 29, 2019 1:15 pm

QualityStocksNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Hydroponic Expertise to Target Rapidly Expanding Markets

Hydroponics supply company Sugarmade (OTCQB: SGMD) is utilizing its expertise to expand across market sectors and seize various opportunities as they arise. An article discussing the company reads, “Utilizing a narrowband Internet of Things (NB-IoT) technology, the company has created an AI-based hemp cultivation and agricultural monitoring system. This AI platform enables real-time tracking of field conditions that include soil moisture, temperature, humidity and more. It also provides intelligent recommendations to mitigate existing issues and thereby optimize yield (http://ibn.fm/ZsEfW). . . . The hydroponics market is growing, in large part due to the U.S. industrial hemp market and the rapidly…

MondayJul 29, 2019 12:22 pm

QualityStocksNewsBreaks – Trxade Group Inc. (TRXD) Reports Record Revenues, Increased Gross Profit and Operating Income in Q2 2019

Trxade Group (OTCQB: TRXD), an integrated pharmaceutical services company, today announced the company’s financial results for its second quarter, ended June 30, 2019, as well as provided a business update and positive outlook for the rest of 2019. Among the highlights, Trxade reported generating record revenues of $1,916,414 for second quarter 2019 compared to $837,688 for the same quarter last year. In addition, gross profit for the company increased to $1,163,276 from $837,688 and operating income increased to $132,705 from $31,446 in the quarter ending June 30, 2019 and 2018, respectively. The company attributes the increase in revenue primarily to…

MondayJul 29, 2019 10:33 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Provides Shareholder Update on Key Growth Initiatives: Solar, Hemp and Merchant Services

Technology and investment company SinglePoint (OTCQB: SING) this morning provided a shareholder update on key company initiatives. Per the update, SinglePoint’s most recent Direct Solar acquisition has been a major success and is fundamentally changing SING’s underlying structure and building a solid financial base for the company’s continued growth and acquisitions. Direct Solar has exceeded expectations and is providing opportunities such as commercial solar applications and renewable energy financing solutions. “The traction we have experienced so far has been amazing,” Direct Solar CEO Founder Pablo Diaz stated in the news release. “We are thrilled for the achievements we have accomplished…

MondayJul 29, 2019 9:59 am

QualityStocksNewsBreaks – Geyser Brands Inc. (TSX.V: GYSR) Releases Post-RTO Financial Results for the 8-months ended March 31, 2019

Geyser Brands (TSX.V: GYSR) this morning announced its post-RTO audited financial statements ("Annual Financial Statement") for the 8-months ended March 31, 2019, as well as accompanying management discussion and analysis. According to the update, the Annual Financial Statement represents Geyser’s transitional fiscal year following its RTO and change in the fiscal year end, which is further described in the Notice of Change in Corporate Structure filed on the company's SEDAR profile. “We are pleased with our progress in the first 8 months since completing the RTO. Our subsidiary, 0957203 B.C. Ltd. dba Apothecary Botanicals, through its strong management, has been…

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