May 2020 - Page 13 of 21

ThursdayMay 14, 2020 9:26 am

QualityStocksNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Schedules Release of Q1 2020 Financial Results, Conference Call

The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium, certified-organic cannabis, today announced that it will be releasing its first quarter 2020 financial results after market close on Tuesday, May 26, 2020. The company will also hold a conference call with analysts at 9:00 AM ET on Wednesday, May 27, 2020. In response to the 2019 novel coronavirus outbreak, the Canadian Securities Administrators have made available blanket relief under OSC Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements which grants a 45-day extension for certain periodic securities filings. TGODF intends to utilize the blanket…

WednesdayMay 13, 2020 12:48 pm

Uber Technologies Inc. (NYSE: UBER) Turns Attention to Growing E-Bike Popularity Amid Pandemic Response

Uber Technologies is a decade into upending transportation models with its ride-sharing solutions operating in 67 countries, but has suffered the common difficulties stemming from this year’s global spread of the COVID-19 pandemic The company announced recently that it will transfer its electric bike and scooter division to Lime, a similar e-bike company in which Uber has held a minority interest The Lime transfer arrangement makes Uber the leading partner in a new $170 million financing drive by Lime, and opens the door to the possibility of Uber buying Lime in the near future at a specified price The agreement…

WednesdayMay 13, 2020 12:16 pm

PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Secures Investment to Further Cloud-Based Vehicle Transaction Platform

PowerBand has received a commitment of up to $10 million in investment from Texas-based D&P Holdings Inc., $3.3 million of which has been completed D&P is one of the largest administrators of warranty and insurance products in the U.S. automotive industry and works directly with hundreds of dealerships across the country PowerBand’s cloud-based platform benefits key stakeholders in the industry by removing unnecessary third parties and fees, allowing consumers to trade vehicles through their smart phones PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) is helping the automotive industry recover from the coronavirus pandemic by empowering dealers and consumers…

WednesdayMay 13, 2020 11:50 am

SRAX Inc. (NASDAQ: SRAX) Sees Strong Start to Second Quarter, Rebrands IR Platform as Sequire

SRAX reports strong FY2019 results, with continuing product revenues showing 19% year-over-year increase While the company saw clients defer their marketing spends in Q1 2020, this translated into strong start to Q2 SRAX announces rebrand of its investor intelligence platform, online IR forum enjoying sharp increase in subscribers amid highly volatile markets SRAX Inc. (NASDAQ: SRAX), a digital marketing pioneer focused on providing consumer data management services, reported its results for the fiscal year ending December 31, 2019 as well as the first quarter ending March 31, 2020. During a largely tenuous time for the industry, SRAX reported strong FY2019…

WednesdayMay 13, 2020 11:43 am

QualityStocksNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Announces Expanded Inventory to Meet Surging Demand

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. cannabis marketplace, today announced that it will have new expanded inventory ready for sales and shipment next week. According to the update, this follows a sharp surge in sales in early May that left the company “sold out” every week for the past month for the first time in its history. The company recently expanded total production capacity by up to 150%, and the capacity expansion will contribute to inventory going forward as the company translates surging demand into accelerating sales growth. “We have never seen anything like this,”…

WednesdayMay 13, 2020 11:35 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Provides Update on New Strategic Direct to Store Sales Initiative

SinglePoint (OTCQB: SING) today provided an update on its new strategic direct to store (“DSD”) sales initiative focused on initial product placement and market penetration within convenience stores and smoke shops in the domestic U.S. market. According to the update, “This DSD strategy is designed to enhance sales, initial product placement and augment existing traditional retail distribution sales efforts leveraging the recent introduction of the new countertop displays. The Company recently hired multiple representatives to facilitate the placement of 1606 Hemp in specific retail locations and has the ability to closely monitor the sales activity and results through this direct…

WednesdayMay 13, 2020 10:23 am

QualityStocksNewsBreaks – Sugarmade, Inc. (SGMD) Reports Record Increase in BudCars Sales Ahead of LA Launch, Expects Continued Dramatic Growth

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service, today announced record growth data for BudCars sales during the month of April, with sales growing 58% on a sequential monthly basis over March sales on an average daily volume basis. According to the update, data for the month of May already indicates a strong continuation of that trend, with May sales on pace to add another 16% over and above the strong breakout sales trend seen in April. “We did about $6,000 per day in sales in March and over $9,500 per day in April, representing a very robust…

WednesdayMay 13, 2020 10:17 am

QualityStocksNewsBreaks – Cannabis Global, Inc. (MCTC) Implements Program to Produce THC-V in Commercially Viable Quantities Following Project Varin Breakthroughs

Cannabis Global (OTC: MCTC), a cannabinoid and hemp extract science-forward company developing infusion and delivery technologies, today provided an update for current and prospective shareholders as it continues to make strong progress on its "Project Varin" initiative. Project Varin, designed to produce ultra-highly bioavailable exotic cannabinoids, launched earlier this year and, to date, has produced new cannabinoid production techniques, unique time-released polymeric nanoparticles and two novel patent filings. Cannabis Global is now implementing a program to produce commercially viable quantities for use in its own products to be released later this month. “While THC-V is found in very small quantities…

WednesdayMay 13, 2020 9:33 am

QualityStocksNewsBreaks – Champignon Brands Inc. (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496) to Acquire Wellness Clinic of Orange County, Advancing North American Clinical Expansion

Champignon Brands (CSE: SHRM) (OTCQB: SHRMF) (FWB: 496), a human optimization sciences company with an emphasis on ketamine and psychedelic medicine, on Tuesday announced the execution of a term sheet with California-based Wellness Clinic of Orange County Inc., further advancing the company’s North American clinical expansion. Per the term sheet, SHRMF is to acquire 100% of the Wellness Clinic and all of its subsidiaries in exchange for payments over an 18-month period totaling: (a) USD $600,000; (b) 1 million common shares of Champignon (the “Initial Share Issuance”); and, (C) 500,000 common shares of Champignon payable only if the Wellness Clinic…

TuesdayMay 12, 2020 12:32 pm

QualityStocksNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) CCO Discusses Technology, Commercialization Strategy in SuperCharged Stocks Interview with Andrew O’Donnell

Vancouver, British-Columbia-based technology pioneer Exro Technologies’ (CSE: XRO) (OTCQB: EXROF) chief commercial officer (“CCO”) Josh Sobil was recently interviewed by Andrew O'Donnell, host of SuperCharged Stocks. In the interview, Sobil discusses the company’s long-term move toward electrification in industries that are poised to benefit from Exro's technology. Sobil also details the company’s strategy to commercialize its technology in the automotive, agricultural, e-bike and last mile transportation, and recreational markets. “Over the long term, there's not only a need, but I think a want, to move toward electrification,” Exro Technologies chief commercial officer Josh Sobil stated in the interview. “So, we're…

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Month: May 2020