Stock Spotlight Archives - Page 250 of 348

TuesdayJul 30, 2019 1:45 pm

QualityStocksNewsBreaks – Marijuana Company of America Inc. (MCOA) Expands Portfolio of Legal Cannabis, Industrial Hemp Investments

Innovative hemp and cannabis corporation Marijuana Company of America (OTCQB: MCOA) recently signed an LOI with Alpha Private Equity & Capital and Northern Lights Distribution (“NLD”), a subsidiary of Natural Plant Extract of California (“NPE”), to form joint venture Magnolia Extracts LLC (http://ibn.fm/0mfDk). An article discussing the company reads, “When MCOA acquired an equity interest in NPE, the company entered a joint venture agreement with NPE to form Viva Buds, a premier cannabis retail-delivery business. MCOA plans to begin a cannabis delivery service in California, starting in Los Angeles County and then rolling out to other major areas within the…

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…

FridayJul 26, 2019 3:12 pm

QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Upholds Commitment to Quality amid CBD Shortage

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a cannabis-focused research and development company, remains dedicated to maintaining its high standards in the midst of a growing cannabis supply gap. An article discussing the company reads, “TGOD is one of three organic cannabis growers in Canada. No synthetic pesticides or fertilizers are used in the company’s growing process. The company is also dedicated to creating a smaller environmental footprint by using less water and energy, low-cost power solutions and smarter efficient packaging. By growing organically and at low costs, TGOD’s final product demands a premium in the market, thereby…

FridayJul 26, 2019 2:29 pm

QualityStocksNewsBreaks – Why Grapefruit Boulevard Investments Inc. (IGNG) Is ‘One to Watch’

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), holds licenses initially issued by the state of California in January 2018 to manufacture and distribute cannabis products. A recent article discussing the company reads, “Grapefruit owns and operates its fully licensed and compliant ethanol extraction laboratory located in the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. The company’s extraction lab produces high-quality, cannabis-derived distillate, also known as honey oil, from cannabis flower and “trim.” THC honey oil is one of the base cannabis commodities that serves as the active ingredient in everything…

FridayJul 26, 2019 2:26 pm

QualityStocksNewsBreaks – Hemptown USA Advances Growth Strategy via Nutraceutical Manufacturing Facility Acquisition

Hemptown USA recently announced the acquisition of assets that consist of the FDA-licensed, cGMP-certified operating nutraceutical business of the Kirkman Group (http://ibn.fm/GaNUI). The Kirkman Group’s fully operational 25,000-square-foot nutraceutical facility holds equipment and formulations intended to facilitate precision dosage of cannabidiol (“CBD”) and cannabigerol (“CBG”) product formulations, including tinctures, gel caps, topical products and edibles. An article discussing the company reads, “In the spring of 2019, Hemptown USA acquired 4.5 million rare hemp seeds. These have been divided three ways — one third went to Kentucky, another third was planted in Colorado, and the final third (all CBG genetics) remained…

FridayJul 26, 2019 2:20 pm

QualityStocksNewsBreaks – Trxade Group Inc.’s (TRXD) Web Platform Protects Profit Margins, Cuts Negative Reimbursement Costs

Integrated pharmaceutical logistical services company Trxade Group (OTCQB: TRXD) hosts a supplier-to-pharmacy (“S2P”) pharmaceuticals trading platform that is helping pharmacists protect their profit margins by evading negative reimbursement costs. An article discussing Trxade Group reads, “In the vast economic sector that is the U.S. pharmaceutical industry — $330+ billion a year — proprietors of independent pharmacies, many of whom are constrained in terms of time and resources, run $3.5 million-per-annum operations while struggling to maintain margins. In the past, they have turned to GPOs and other sourcing programs to reduce the purchase cost of drugs, which the GPOs were supposed…

FridayJul 26, 2019 1:44 pm

QualityStocksNewsBreaks – Earth Science Tech Inc. (ETST) Attributes Increases in Distribution, Demand for Upsurge in Revenues

Earth Science Tech (OTCQB: ETST), a Florida-based biotechnology company, recently reported a 66.4% increase in revenue during the 12 months ended March 31 compared to the same period of the previous year (http://ibn.fm/jmGx4). An article discussing the company reads, “In an annual report, filed with the SEC in July 2019, the company cited expanded distribution, increased customer awareness and rising demand for its branded, high-grade, full-spectrum cannabinoid products as factors driving the impressive performance. By cutting expenses from rising costs as product sales rose, ETST was able to maintain a 38.2% gross margin, the report noted, in addition to seeing…

FridayJul 26, 2019 1:34 pm

QualityStocksNewsBreaks – Golden Developing Solutions Inc. (DVLP) Implements Vertical Integration Approach

Golden Developing Solutions (OTC: DVLP), an emerging leader in the cannabis, hemp and cannabidiol (“CBD”) marketplace, recently announced the completion of phase one of its strategic vertical integration (http://ibn.fm/sp2cQ). An article discussing DVLP’s recent move reads, “DVLP CEO Stavros Triant stated that all brands under DVLP will function in collaboration with each other, realizing the potential of every department to its fullest. . . . ‘We’re in a pivotal period of growth in which every department, no matter its specialty, is working at its highest and best use to more effortlessly sustain our success,’ Triant said in a news release.…

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