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MissionIRNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Subsidiary Enters Partnership to Launch VIP Payments Targeting the Hospitality Industry

Net Element (NASDAQ: NETE), a global technology and value-added solutions group, announced a partnership between the company’s subsidiary Unified Payments and VIP Systems to launch VIP Payments, a seamless payment processing offering targeting the growing travel and hospitality industry. VIP Systems is an advanced technology integrator in the hospitality industry that is the preferred choice of Marriott International, Choice Hotels International, Simon Property Group and Hotwire Communications among many others. Unified Payments’ turn-key hospitality solution comprises of the necessities for businesses to accept payments in a multi-channel environment, including online and mobile solutions as well as the integration to Property Management Systems (“PMS”) and fully integrated smart point-of-sale (“POS”) devices. In addition to multi-channel payment acceptance and seamless integration to most industry related software and POS solutions, benefits of VIP Payments will also include multi-currency payments acceptance, online reporting and same-day settlements, to name a few. “We are excited to partner with VIP Systems to launch seamless payments acceptance for the travel and hospitality industry,” Vlad Sadovskiy, president of integrated payments for Net Element stated in the news release. “VIP Systems is a leading technology integrator with vast experience deploying complex point of sale solutions for some of the biggest brands in the travel and hospitality industry; adding payments to its offerings will create new revenues for VIP Systems and enable us to create more guest-centric value-added offerings.”

To view the full press release, visit http://ibn.fm/7kE5Y

About Net Element

Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., it aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, the company’s cloud based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™. In 2017, Net Element was recognized by South Florida Business Journal’s as one of 2016’s fastest growing technology companies. Further information is available at www.NetElement.com

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Net Element Inc. NETE | Leave a comment

MissionIRNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Enters JV Targeting Mexican Medicinal Cannabis Market

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning announced its entry into a strategic joint venture with LLACA Grupo Empresarial aimed at creating a 50/50-owned company to enter the medicinal cannabis market of Mexico. LLACA has developed proprietary distribution capabilities and has access to premier distributors with commercialized pharmaceutical and over-the-counter products providing access to 4,500 pharmacies and 3,100 supermarkets throughout Mexico. “This partnership combined with the recently proposed regulations for the Mexican medicinal cannabis market provides TGOD with a significant first mover advantage, at scale,” Brian Athaide, CEO of TGOD, stated in the news release. “This is a pivotal step in our strategy to export TGOD branded products produced in Jamaica, Poland, and soon to be Canada and Denmark for the global markets. The distribution network includes over 7,600 potential retailers, significantly expanding our international footprint.” Per the update, the joint venture will give TGOD full access to LLACA’s strategic services, including distribution, warehousing, product registrations, regulatory representations and authorized clinical trials.

To view the full press release, visit http://ibn.fm/l1Su5

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica. The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX: ACB) whereby Aurora has invested approximately C$78.1 million for 20% offtake from TGOD’s local production. In addition, TGOD has raised approximately C$350 million and has over 20,000 shareholders. TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively. For more information, visit the company’s website at www.TGOD.ca

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, The Green Organic Dutchman Holdings Ltd. TGODF | Leave a comment

VistaGen Therapeutics, Inc. (NASDAQ: VTGN) Moves Forward in Developing As-Needed Treatment for Social Anxiety Disorder

  • Company signs a worldwide licensing agreement with Pherin Pharmaceuticals for the development and commercialization of a Phase 3-ready CNS drug candidate for as-needed treatment of social anxiety disorder
  • Untreated social anxiety disorder has a significant impact on a person’s overall quality of life
  • Clinical studies support the potential of PH94B to be a superior treatment alternative for SAD due to the demonstrated rapid onset of efficacy, route of administration, as-needed dosing convenience and excellent safety profile

VistaGen Therapeutics, Inc. (NASDAQ: VTGN) is a clinical-stage biopharmaceutical company developing new generation medicines for depression and other central nervous system (CNS) diseases and disorders with high unmet need. The company recently announced (http://ibn.fm/d4viI) that it has signed a license with Pherin Pharmaceuticals, Inc., a biopharmaceutical company focused on developing novel treatments for neuropsychiatric and neuroendocrine conditions, for exclusive worldwide rights of a Phase 3-ready CNS drug candidate for as-needed treatment of social anxiety disorder.

An estimated 15 million American adults are affected by social anxiety disorder, also called social phobia or SAD. It is the third most common psychiatric condition, following depression and substance use, and generally precedes other disorders. A person suffering from SAD may have unrealistic fears of one or more social or performance situations that may have a significant impact on the person’s employment, social activities and overall quality of life.

Antidepressants are a common treatment for SAD but have a slow onset that may take several weeks to work, have numerous side effects and must be taken consistently over a long period of time. At this time, there is no FDA-approved treatment that provides rapid relief.

VistaGen has acquired exclusive worldwide rights from Pherin to develop and commercialize PH94B nasal spray, a Phase 3-ready drug candidate for as-needed treatment of social anxiety disorder, to address this problem. In a news release, Shawn Singh, CEO of VTGN, stated, “We are excited to be working with Pherin’s innovative team to develop and commercialize this medically and socially impactful treatment. Our key objective for the PH94B program is to commence our initial pivotal Phase 3 clinical trial of PH94B nasal spray for SAD during the first half of 2019.”

The PH94B nasal spray utilizes Pherin’s first-in-class proprietary compounds called pherines. These synthetic neuroactive steroids engage chemosensory receptors inhibiting nerve circuits, mediating behavioral and physiological effects of anxiety. By engaging receptors in the nasal passage, pherines are rapidly effective in low quantities. The onset of results provides an excellent safety profile with greater patient convenience. Previous clinical trials of PH94B provided evidence of rapid (10-15 minutes) anxiety reduction of subjects with SAD and no adverse events with the nasal spray administration.

“This agreement provides a meaningful opportunity to continue our clinical progress and advance our mission to bring novel treatment alternatives to the many individuals affected with SAD,” added Dr. Louis Monti, executive vice president of Pherin, “Our prior clinical studies support the potential of PH94B to be a superior treatment alternative for SAD due to the demonstrated rapid onset of efficacy, route of administration, as-needed dosing convenience, and excellent safety profile compared to other existing therapeutic options which require chronic dosing and have concurrent side effects.”

VistaGen has also acquired an option from Pherin to license an additional CNS neuropsychiatry-focused product now in Phase 2 development.

For more information, visit the company’s website at www.VistaGen.com

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in VistaGen Therapeutics Inc. VTGN | Leave a comment

ChineseInvestors.com, Inc.’s (CIIX) CBD Biotechnology Co. Ltd. Sets December Launch for CBD Hemp-Infused Rice Wine, Sees it as ‘Sales Driver’

  • CIIX’s wholly owned foreign enterprise, CBD Biotechnology Co. Ltd. (CBD Biotech), will debut new private label wine at peak period for liquor sales in China
  • Company recorded sales of $2.35 million for FY2018, up 41 percent from $1.66 million the prior year
  • Summer Yun, CEO of CBD Biotech, anticipates greater volume during the top sales season for liquor

ChineseInvestors.com, Inc.’s (OTCQB: CIIX) CBD Biotech, a wholly owned foreign enterprise, plans to debut a CBD hemp-infused rice wine in December, during China’s peak holiday/festival season that includes Christmas, New Year’s, and Spring Festival (http://ibn.fm/xUF36).

In a news release, Warren Wang, CEO of CIIX, said, “Moving forward, CBD Biotech plans to explore a variety of hemp products, in addition to its skin-care and alcoholic beverage products. We believe the upcoming launch of CBD Hemp Wine will serve as a strong sales driver for the Company.”

The announcement comes after CIIX reported a sharp jump in its sales for FY 2018. Prior, CIIX also detailed plans to spin off its CBD division in the future. The division includes CBD Biotech, Hemp Logic, Inc. and ChineseHempOil.com, Inc. (http://ibn.fm/f0H6K).

CIIX has an international Chinese-speaking audience. It has core revenue from subscriptions and consulting. Its website notes that the company expects to issue its own ICO in the second half of 2018 or in 2019 and create a virtual investment ‘ecosystem’ for its Chinese viewers (http://ibn.fm/jC45u). Internationally, its future network of ATMs may expand into Canada from the U.S., and its bitcoin courses may be offered online to Asia.

An update note issued by SeeThruEquity last month explained that CIIX was seeking some $3 million in a private placement in August. Its analysis expects that CIIX will continue to seek external capital to cover operating costs (http://ibn.fm/zrMQ3).

For more information, visit the company’s website at www.ChineseInvestors.com

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Chineseinvestors.com, Inc. CIIX | Leave a comment

Net Element, Inc. (NASDAQ: NETE) to Launch Third Party Bank Processing Service in Russia

  • A partnership with Sputnik Bank in Russia will enable the provision of third party bank processing services to local banks
  • Regulatory approval and completion of the agreement are expected in the final quarter of 2018
  • Net Element is the only Nasdaq-listed U.S. company that stands to benefit from the Russian electronic payment expansion

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) recently announced a partnership with Sputnik Bank in Russia that’s aimed at offering third party bank processing to other banks in the country. As the October 2 announcement states, Net Element will get 25 percent of Sputnik’s outstanding stock, and a per-transaction fee has also been discussed, Zacks reported in a note published the day after the announcement (http://ibn.fm/3UHj0).

The partnership will be executed via Net Element’s PayOnline subsidiary. The agreement has to pass regulatory approval in Russia before it gets finalized. Such an approval is expected during the final quarter of 2018.

Founded in 1990, Sputnik is a commercial bank that holds $35 million in assets. It offers a full range of banking services to both private and corporate customers. Through its partnership with Net Element, Sputnik will become the first entity to start offering third party bank processing in Russia.

The partnership and the subsequent service will fill a rather significant market gap. Currently, Russian banks use in-house processing systems. These systems are expensive, and many of them have become outdated.

Net Element and Sputnik are expected to start selling a processing service to small banks, Russian third-party vendors, credit organizations, value-added resellers and sales organizations. The cost of processing will be brought down, and the service will also give smaller Russian banks a chance to utilize much more current software than the products on which they’re currently relying for in-house processing.

Sputnik will provide the capacity for the data center needed for the execution of the program. Financial instruments for settlement of transactions will also be provided. The partnership will enable PayOnline to process transactions as a payment facilitator. This way, PayOnline’s offering will be expanded beyond the current electronic commerce.

The total transaction value of digital payments in Russia is expected to reach $39.5 billion by the end of 2018 – a massive increase from $27.9 billion in 2016. The CAGR in the period from 2018 to 2022 is expected to be 11.9 percent, which means that the value of digital payments could amount to $61.8 billion in 2022 (http://ibn.fm/oAIPS).

Net Element CTO Andrey Krotov said in a news release that the innovative turnkey solution will enable frictionless onboarding for merchants with integrated, value-added services.

Net Element is a payments-as-service transactional and value-added services company that provides solutions to small and medium-sized businesses. The company operates both in the U.S. and in selected emerging markets. Its primary goal is to innovate SPE productivity services using blockchain technology solutions for the purpose of growing transactional revenue.

Deloitte’s 2017 Technology Fast 500 ranks Net Element as one of the fastest growing companies in North America. It is the only U.S. company listed with Nasdaq that stands to benefit from the Russian electronic payment expansion.

For more information, visit the company’s website at www.NetElement.com

About MissionIR

MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

For more information, visit www.MissionIR.com

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Net Element Inc. NETE | Leave a comment

MissionIRNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Retains Leading New York-Based Communications Firm

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced its retention of KCSA Strategic Communications, a leading New York-based communications firm, to support its strategic communications and investor relations efforts in the United States. “We are pleased to have retained KCSA, a top New York PR/IR firm that represents some of the largest cannabis companies,” Dr. Anthony Holler, chairman and CEO of Sunniva, stated in the news release. “We are rapidly moving forward with our efforts to strategically position Sunniva as a vertically-integrated cannabis company in both Canada and California as we pursue growth opportunities… It is an opportune time to begin sharing our strategic business model and ongoing progress with the investment community.  KCSA has the experience and expertise to most effectively reach our target audience and we are excited to partner with them as we move ahead.” Per the update, KCSA will employ a comprehensive communications program designed to increase awareness of Sunniva across the investment community and among key financial media in the U.S.

To view the full press release, visit http://ibn.fm/ex6Vq

About Sunniva Inc.

Sunniva, through its subsidiaries, is a vertically integrated cannabis company operating in the world’s two largest cannabis markets – Canada and California. Its ability to leverage large-scale, purpose-built cGMP designed greenhouses, offering better quality assurance with cannabis products free from pesticides, uniquely positions Sunniva as a leading supplier of safe, high quality products at scale. Through its strategically positioned cultivation and extraction facilities, Sunniva intends to launch a suite of branded products in various product categories including flower, pre-rolls, beverages, vape cartridges, and extracts while expanding upstream opportunities including distribution and retail expansion. Sunniva’s management and board of directors have a proven track record for creating significant shareholder value both in the healthcare and biotech industries. For more information, visit the company’s website at www.sunniva.com

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, Sunniva Inc. SNNVF | Leave a comment

MissionIRNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Adds Alan Tran to Board of Directors in Preparation for Planned Uplisting

Cannabis Strategic Ventures, Inc. (OTC: NUGS) this morning announced the appointment of Alan Tran to its board of directors. Per the update, Tran’s addition to the board is the first in a series of steps to be taken by Cannabis Strategic in preparation for a proposed uplisting of its common shares to a national exchange. “We are in the process of implementing several important steps in preparation for an application to move the trading of our common shares to a national exchange. We are planning for aggressive growth over the coming years and believe a listing on a national exchange will give us superior access to capital and increased liquidity and transparency for common shareholders,” Simon Yu, CEO of Cannabis Strategic, stated in the news release. “The recent completion of our audit was an important step in our uplisting preparation. We welcome Mr. Tran to the NUGS family and are excited to have him on board. His expertise in finance and strategy will pay a crucial role in our organization.  Today, we are taking an additional important step via the appointment of Mr. Tran to our board.”

To view the full press release, visit http://ibn.fm/gabk1

About Cannabis Strategic Ventures, Inc.

Cannabis Strategic Ventures is a Los Angeles based firm that incubates, develops and partners with category leaders within the cannabis sector. The Firm’s NUGS brand experience provides mentorship and a range of essential services to emerging and existing Cannabis consumer brands. The company recently completed a name and symbol change from Cascade Energy, Inc. Cannabis Strategic Ventures is publicly traded on the U.S. Over the Counter Market with the stock symbol NUGS. For more information, visit the company’s website at www.CannabisStrategic.com

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in Cannabis Strategic Ventures Inc. NUGS, MissionIRNewsBreaks | Leave a comment

MissionIRNewsBreaks – NUGL Inc. (NUGL) Launches Major Mobile Application Update

NUGL (OTC: NUGL), the cannabis industry’s new standard of technology, this morning announced a major update to its app, which is now available in the Apple Store and the Google Play Store. With an ongoing marketing launch, NUGL has enabled its app users to give input that will directly affect upcoming software development. Over the last 30 days the company has addressed feedback and users’ request for a more robust mobile application. NUGL is committed to improving the functionality of the mobile application, with a plan of making every feature offered on its web application available for the mobile application. The company has expanded its development team this month to assist in this effort. Among other highlights, the company’s major mobile application update being launched today includes redesigned profile pages, updated styling for buttons, new photo cropping tool for image uploads, updated search bar styling and the addition of new search options and filters. “We have received a substantive amount of feedback from our user base and we listen to it. Then we act on it. A large portion of our user base lives an on-the-go mobile lifestyle, and they want all the functionality and features we offer to be accessible on their phones,” Ryan Bartlette, CMO of NUGL, stated in the news release.

To view the full press release, visit http://ibn.fm/NC1Ef

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone. For more information, visit the company’s website at www.NUGL.com

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, NUGL Inc. NUGL | Leave a comment

MissionIRNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Issues Corporate Update

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) this morning issued an update on its operations, including its international expansion efforts, ongoing facility construction, strategic brand development and aggressive talent acquisition ahead of a potential uplisting to the New York Stock Exchange. The company also highlighted the $75 million bought deal financing that it originally announced last week. Per the update, this additional capital will be used to advance TGOD’s rapid and strategic international expansion plan, with the next phases of growth expected to focus on European and Latin American markets. The company intends to utilize the funds primarily to establish strategic product manufacturing facilities in these markets that adhere to TGOD’s proprietary organic growing principles. Moving forward, the company “will continue to invest in global cultivation opportunities and technology partnerships to deliver unique and innovative forms of its premium organic product to consumers.”

To view the full press release, visit http://ibn.fm/fJvBO

About The Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations. The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica. The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX: ACB) whereby Aurora has invested approximately C$78.1 million for 20% offtake from TGOD’s local production. In addition, TGOD has raised approximately C$350 million and has over 20,000 shareholders. TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively. For more information, visit the company’s website at www.TGOD.ca

About MissionIRNewsBreaks

MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

MissionIR (MIR)
Atlanta, Georgia
www.MissionIR.com
404.941.8975 Office
[email protected]

Please see full terms of use and disclaimers on the Mission Investor Relations website applicable to all content provided by MIR, wherever published or re-published: http://www.missionir.com/disclaimer.html

Posted in MissionIRNewsBreaks, The Green Organic Dutchman Holdings Ltd. TGODF | Leave a comment

Cannabis Strategic Ventures, Inc. (NUGS) Aims to Clear Higher Hurdle in Reporting Standards

  • Completion of full audit for fiscal year ended March 31, 2018
  • Close of three-year audit required to become fully reporting company with SEC
  • Plans afoot to uplist to a higher OTC Markets tier

Cannabis Strategic Ventures, Inc. (OTC: NUGS) wants to be an open book. The company has announced the completion of a full audit for its fiscal year ended March 31, 2018. This marks the close of the three-year audit required as a condition of becoming a fully reporting company with the U.S. Securities & Exchange Commission (SEC). Cannabis Strategic Ventures will utilize the audit results to file future reports and disclosures with the SEC and move the company to fully reporting status. The company will also use the fully reporting status to uplist to a higher OTC Markets tier (http://ibn.fm/aHlVj).

The OTC Markets in some ways resemble traditional debutante balls, for they allow investors an introductory look at public companies by publicizing information about the companies and their securities prices. A company that wants to appear on an OTC Market – OTCQX, OTCQB or Pink – must get its securities to be the subject of broker-dealer quotes on OTC Link ATS. To quote a company’s securities, a broker-dealer must seek approval from the Financial Industry Regulatory Authority (FINRA) by submitting a Form 211. Unlike on the senior stock exchanges, such as the NYSE or the Nasdaq, OTC companies do not list their own stock for trading. Rather, the securities are quoted on OTC Link ATS. Consequently, securities appearing on the OTC platforms are, strictly speaking, “quoted” not “listed.” Moreover, securities quoted on the OTCQX, OTCQB and Pink markets may trade without being registered with the SEC.

Being “quoted” is, typically, the first step toward being “listed,” which offers many advantages for a company’s securities, including better price determination and increased liquidity. Holders of the securities also benefit from increased information about the company, which becomes mandatory, as well as access to an orderly marketplace, the reassurance of regulatory oversight and the availability of trading information and pricing. As it heads for fully reporting status, NUGS’ securities are set to benefit from this increased transparency.

The company, based in Los Angeles, California, focuses on supporting entrepreneurial growth within the fast-growing legal cannabis sector, and it has embarked on a number of ventures that align with that initiative. Together with True Promise Beauty, the company will be developing a new line of cannabidiol (CBD)-based luxury skin and hair care products – LYXR – from ingredients like hemp-derived phytocannabinoids and other natural components (http://ibn.fm/Il4aa).

Additionally, Cannabis Strategic Ventures recently announced its acquisition of The Asher House Pet CBD brand, a line of U.S. hemp-derived cannabidiol (CBD) supplements for pets, which targets a market vertical that’s becoming increasingly popular (http://ibn.fm/HOD3O). The company also acquired the hemp-based brand Fitamins CBD, which provided a line of vitamin and hemp-derived CBD products that will be distributed through a network of 600+ wholesalers serving the Asian-American market (http://ibn.fm/Cgdye).

Cannabis Strategic Ventures also offers bespoke personnel solutions to match the growth dynamics of cannabis cultivators, manufacturers, dispensaries and other cannabis marketplace participants. Earlier this year, it announced a definitive agreement to acquire all issued and authorized shares of Worldwide Staffing Group, Inc. (Worldwide). The acquisition is expected to boost revenues substantially. For 2017, Worldwide’s revenues were approximately $1.5 million (http://ibn.fm/xjeuV).

For more information, visit the company’s website at www.CannabisStrategic.com

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