QualityStocksNewsBreaks Archives - Page 875 of 1422

TuesdaySep 01, 2020 11:20 am

QualityStocksNewsBreaks – Cannabis Global Inc. (CBGL) Acquires Stake in Licensed California Cannabis Manufacturing, Distributing Operation

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has acquired a stake in Natural Plant Extract of California Inc. (“NPE”). The strategic move places CBGL in a prime position in the multibillion-dollar California cannabis space. The agreement, which closed Aug. 31, 2020, outlined Cannabis Global’s acquisition of 18.8% of NPE’s outstanding capital stock for $2 million. NPE operates a licensed cannabis manufacturing and distribution business operation out of Lynwood, California, and owns a Type 7 California Manufacturing License as well as a California Distribution license. "This is a significant agreement for Cannabis Global,…

TuesdaySep 01, 2020 10:52 am

QualityStocksNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Announces ‘Extraordinary Resolution,’ Amendments to Debenture Terms

The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF), a Canadian cannabis company committed to identifying new opportunities to grow and strengthen its impressive portfolio, has obtained approval from debentureholders to partially convert and amend debentures. The company announced that holders of its outstanding 6% senior unsecured convertible debentures have approved an “extraordinary resolution” outlining amendments to the terms of the debentures, which were issued in October 2018. In part, those amendments include a reduction of the total principal amount of debentures outstanding from $100 million to $36.5 million; an extension of the maturity date of the debentures from October 19, 2021, to the date that…

TuesdaySep 01, 2020 10:14 am

QualityStocksNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Study Reveals Consumer Behaviors Amid Pandemic

SRAX’s (NASDAQ: SRAX) BIGtoken, a permission-first consumer data-management platform, released a new consumer research report comparing its users’ TV and movie-consumption behaviors one month versus four months into the global pandemic. According to the update, BIGtoken surveyed its U.S. user base in April and again in August to compare results and understand how the pandemic has impacted TV and movie consumption. Among the results, which can be downloaded in the full report at http://ibn.fm/VlNHC, 46% of BIGtoken’s survey respondents indicated that they were video streaming more in August 2020 than they were four months prior. In addition, the study revealed that…

TuesdaySep 01, 2020 9:55 am

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Conducting Non-Brokered Private Placement

Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a private placement of units, the proceeds of which are intended to be used for upcoming projects and general working capital. According to the announcement, released by Pac Roots CEO Patrick Elliott, the placement of units will be at a price of C$0.25 per unit for gross proceeds totaling up to $2 million, subject to an overallotment option. The offering is up to 8 million units, with each unit consisting of one share and one warrant exercisable…

MondayAug 31, 2020 2:03 pm

QualityStocksNewsBreaks – Sustainable Green Team Ltd. (SGTM) Advancing Toward ‘True Green’ Status

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, is addressing a key challenge many peers in the industry face. Through completion of its dual mulch bagger and fully automated electric grinding screen operations in Waste Management’s (“WM”) Apopka, Florida-based facilities, SGTM is able to re-use debris, which traditionally would have been deposited within landfills. This enables SGTM to process and brand collected debris into a premium mulch product, creating an environmentally friendly solution rather than a burden on disposal sites around the nation. A recent article addressing this quotes SGTM…

MondayAug 31, 2020 1:31 pm

QualityStocksNewsBreaks – Sugarmade Inc.’s (SGMD) BudCars Driving Steady Growth

Sugarmade (OTCQB: SGMD), a leading, multidivisional/multiproduct/multisector supply company, has announced and continues to expect robust growth and record metrics for its BudCars Cannabis Delivery Service. BudCars is a retail business that offers same-day delivery of a variety of products including edibles, flower, pre-rolls, vapes, tinctures and concentrate across dozens of premium brands. A recent article discussing this reads, “BudCars has reported constant improvement in almost every major metric — from increasing new customers and increasing orders per customer to strong repeat business — since Sugarmade invested in the company earlier this year. This steady growth provides a high degree of…

MondayAug 31, 2020 11:40 am

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Announces Healthy Crop, Bullish Production Outlook for 100-Acre Hemp JV

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today provided an update on the 100-acre commercial hemp operation in British Columbia. After receipt of the hemp cultivation license from Health Canada on May 22, 2020, the Pac Roots and Rock Creek Farms 100-acre premium-hemp joint venture (“JV”) commenced. According to the update, the operations team spent several weeks working the fields and installing irrigation systems before beginning planting in mid June. There are currently approximately 130,000 premium-hemp CBD plants in the ground across two 50-acre parcels.…

MondayAug 31, 2020 10:28 am

QualityStocksNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces Strategic Partnership to Provide Innovative Cellular Solutions for Enterprise Customers

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), today announced its entry into an agreement with Insight Enterprises Inc. (NASDAQ: NSIT), a Fortune 500 U.S. company offering innovative solutions to support the modern workforce, for distribution of Siyata’s cellular booster line of business. “We are very pleased to partner with Insight to enter new U.S. customers as part of our objective to become a leading global vendor of innovative cellular devices for enterprise customers,” said Marc Seelenfreund, CEO of Siyata Mobile, in the press release. “We are aligned with Insight and their commitment to seamlessly connect people wherever and whenever they work…

MondayAug 31, 2020 9:59 am

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Announces Q2 2020 Financial Results

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, on Friday announced its second quarter financial results for the six months ended June 30, 2020. "We are excited that Exro has been able to add three new high quality partnerships over the last four months with Clean Seed Capital Group Ltd. (TSX.V: CSX) (‘Clean Seed’), Zero Motorcycles (‘Zero’) and SEA Electric Pty Ltd. (‘SEA Electric’)," said Exro CEO Sue Ozdemir in the press release. "On the commercialization front, our engineering team delivered the customized driver to Potencia at…

FridayAug 28, 2020 2:33 pm

QualityStocksNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Eyes 2020 Production in the ‘Golden Mile’

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, is partnering with Rock Creek Farms in a definitive CBD-hemp joint venture. Under the agreement, the partners will create a new company and facilitate a 100-acre commercial hemp operation located in Rock Creek, British Columbia. A recent article discussing this includes commentary from Pac Roots president and CEO Patrick Elliott, who stated, “The joint venture team has been extremely busy preparing and planting the 100 acres with hemp-CBD cultivars. We are thrilled with the short-term progress, making it…

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