ThursdayJan 03, 2019 10:27 am

QualityStocksNewsBreaks – GTX Corp (GTXO) Secures $500,000 Revolving Line of Credit and Signs Two New Distributors

GPS technology-focused holding company GTX Corp (OTC: GTXO) this morning announced that it has secured a revolving line of credit for production financing and has signed two new Canadian and U.S. distributors. According to the update, a private institutional partner will provide an interest and royalty based credit line, initially for $500,000 with potential for the lender to increase to $3 million, that GTXO can draw down on, as needed, based on product demand and receipt of purchase orders. In addition, the company has onboarded two new distributors, which officially launched SmartSole sales over the holidays, including Orange County, California-based…

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ThursdayJan 03, 2019 9:56 am

QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters Commercial Sublicense with EnWave Corp. (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY) to Use REV Technology in Drying Cannabis

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF) today announced its entry into a royalty-bearing commercial sublicense with EnWave Corporation (TSX-V: ENW) (FSE: E4U) and Tilray, Inc. (NASDAQ: TLRY). EnWave is developer of the  proprietary Radiant Energy Vacuum ("REV") technology, an innovative method for the precise dehydration of organic materials, and Tilray is its licensed partner with an exclusive right to use and sub-license EnWave's proprietary REV technology in Canada.  Under the agreement, TGOD will be granted the right to use EnWave's proprietary REV dehydration technology in its Canadian operations to dry organic cannabis.…

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ThursdayJan 03, 2019 9:18 am

QualityStocksNewsBreaks – FinCanna Capital Corp. (CSE: CALI) (OTCQB: FNNZF) Portfolio Company Secures California State Temporary Distributor License

FinCanna Capital (CSE: CALI) (OTCQB: FNNZF) today announced that Refined Resin Technologies Inc., an investee company of FNNZF, has been issued its “Adult-Use and Medicinal – Temporary Distributor License” in the state of California. Refined Resin already holds its temporary manufacturing license in the state and has submitted its application for its annual license. “We are pleased to see the timely acquisition of the necessary licenses as the Refined Resin team completes the regulatory requirements for commercial operations,” FinCanna Capital President and CEO Andriyko Herchak stated in the news release. “We look forward to a prosperous 2019 both for the…

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WednesdayJan 02, 2019 12:58 pm

QualityStocksNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Launches Multi-Channel Application Enabling Cryptocurrency Payment Features Across Multiple Touch Points

Global technology and value-added solutions group Net Element (NASDAQ: NETE) this morning announced the launch of its multi-channel blockchain-powered payments application across multiple touch points, including face-to-face through smart payment terminals, and via electronic commerce and API. The payment acceptance application is fully-compliant, secure, and forms part of Netevia, a recently launched feature-ready multi-channel payments platform, which, through a single integration point, connects and simplifies payments and increases efficiency of transactions. “Over the past few years blockchain technology has revolutionized the world of payments thanks to its decentralization, cost-effectiveness and convenience,” President of Integrated Payments Vlad Sadovskiy stated in the…

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WednesdayJan 02, 2019 12:40 pm

Sharing Services, Inc. (SHRV) Experienced Significant Growth in 2018

Provides best-in-class products and services by leveraging a Blue Ocean Strategy Provides training and mentorship to ‘Elepreneurs’ that promote positive psychology and personal development to enhance consumers’ shopping experience Cumulative sales reached more than $39 million since December 2017, and plans are in place to expand globally in 2019 Sharing Services, Inc. (OTCQB: SHRV) is a diversified holding company located in Plano, Texas, that owns, operates or controls a variety of companies in the direct selling industry. The company works to equip and promote the success of home-based entrepreneurs, which it has dubbed ‘Elepreneurs’. SHRV has seen significant growth in…

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WednesdayJan 02, 2019 12:40 pm

QualityStocksNewsBreaks – BriaCell Therapeutics Corp. (OTC: BCTXF) (TSX.V: BCT) Completes Novel Frozen Formulation of Bria-IMT; Announces Participation in Two Upcoming Conferences

BriaCell Therapeutics (OTC: BCTXF) (TSX.V: BCT), a biotechnology company developing targeted, safe treatments for cancer, today announced multiple updates including completion of its development of a novel frozen formulation of Bria-IMT, its upcoming attendance at the Biotech Showcase taking place Jan. 7-9, 2019 in San Francisco, and the acceptance of an abstract for presentation of advances in Bria-IMT and BriaDX programs at the 2019 Keystone Symposia scientific conference taking place Jan. 20-24, 2019, in Vancouver, British Columbia. According to the update, the new frozen Bria-IMT formulation will provide for on-demand shipment to clinical sites and accommodate higher volumes of patients…

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WednesdayJan 02, 2019 12:21 pm

First Cobalt Corp. (TSX.V: FCC) (OTCQX: FTSSF) Aims to Capitalize on Forecast Cobalt Demand Increase in 2019

Demand for cobalt forecast to grow in 2019 and the year beyond, increasing the price of the natural resource DRC is currently the world’s largest cobalt producer, but political turmoil and ethical considerations are providing excellent opportunities for alternative cobalt producers like First Cobalt 2018 was a successful year for First Cobalt, with Iron Creek Cobalt Project prospecting far exceeding initial expectations The forecast for cobalt in the coming few years is a positive one, with demand set to grow and prices expected to increase 30 percent by mid-2019, according to analysts. The cobalt price reached near decades high in…

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WednesdayJan 02, 2019 12:00 pm

The Motley Fool Touts The Flowr Corporation (TSX.V: FLWR) as ‘One to Watch’ with Supply Glut Looming over Marijuana Industry Horizon

The Flowr Corporation recently acquired 19.8 percent of Holigen, a large-scale cannabis producer Lance Emanuel has joined the company as its president, bringing valuable background experience Recent article cites low production costs and high yields per square foot as predictors of the company’s continued success The Flowr Corporation (TSX: FLWR), a vertically integrated Canadian company producing premium cannabis product, is expected to weather a coming supply glut over larger companies because of its low operating costs and irradiation-free products. The up-and-coming company was featured in a recent article on The Motley Fool. The article described an upcoming supply glut in…

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WednesdayJan 02, 2019 11:36 am

Sugarmade, Inc. (SGMD) Scaling Up in Cannabis Space with Acquisitions and Agreements

Scaling up with acquisitions and agreements in cannabis and hemp sectors SGMD to gain synergy from application of hydroponics to cannabis cultivation Revenue guidance for 2019 raised to $70 million With California’s legal cannabis market expected to grow “more than 18 percent annually to hit $5.6 billion by 2020” (http://ibn.fm/FlhFw) and the hydroponics market on “a CAGR of 6.5%” (http://ibn.fm/T5pCt) from 2018 to 2023, California-based Sugarmade, Inc. (OTCQB: SGMD) has positioned itself at the confluence of two great market movements. The state was the first to buck the trend of prohibition when, in 1996, it passed the Compassionate Care Act, which legalized…

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WednesdayJan 02, 2019 11:35 am

QualityStocksNewsBreaks – Supreme Cannabis Company Inc. (TSX.V: FIRE) (OTC: SPRWF) Issues Update Regarding 7ACRES Construction

Supreme Cannabis Company (TSX.V: FIRE) (OTC: SPRWF) this morning posted an update regarding its wholly-owned subsidiary 7ACRES, reporting that it ended 2018 with 19 completed flowering rooms and is on track for all 25 flowering rooms to be completed in March 2019. Upon completion, 7ACRES’ greenhouse footprint will span roughly 300,000 square feet, with the total facility reaching over 440,000 square feet. 7ACRES is expected to reach its estimated annual output of 50,000 kg by the middle of calendar 2019, at which time the administrative offices and other facilities are also scheduled to be completed. Additionally, the company aims to…

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