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Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Secures California Extraction Deal as New Ontario Clinic Opens

  • Sunniva’s Sun-Oil Facility in California will provide Farmacy Phactory with distilled oil products
  • Extraction deal is a significant milestone for the company, cements its position as a reliable manufacturer of clean extracted products
  • New clinic opened in Windsor, Ontario, via wholly owned subsidiary Natural Health Services

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically integrated medical cannabis provider, has struck an extraction deal with Farmacy Phactory, a family-run California cannabis farm (http://ibn.fm/6ZyUd). Through wholly owned subsidiary CP Logistics, LLC, Sunniva’s Sun-Oil Facility will provide high quality, pure manufactured distilled oil products, including flavored oil formulations for vaporization cartridges. Sunniva will also sell specialized vaporization equipment for use in the therapeutic delivery of the products.

The contract was signed for an initial 12-month term and may be renewed for a further 12 months if Farmacy Phactory elects to do so. Farmacy Phactory is a leading producer of unique high-terpene strains of cannabis, and it is making a name for itself with high-quality products. It combines organic methods with proven traditional techniques to produce a range of exotic strains (http://ibn.fm/w9mhD).

“This is a significant milestone as it establishes Sunniva as a trusted manufacturer of clean, high quality extracted products and reliable hardware to support the vibrant California extraction market place,” Sunniva CEO Dr. Anthony Holler stated in a news release. He explained that the Sun-Oil Facility, which is located one mile from the company’s California Campus in Cathedral City, has a capacity to produce more than 600,000 filled vaporization cartridges a month. The facility is licensed for both volatile and non-volatile extraction, which will allow Sunniva to manufacture different extracted products. The company also has plans to sign more white label contracts with other leading brands in the Golden State, Holler further explained.

“We are pleased to partner with Sunniva to access their manufacturing and product expertise. This agreement is a validation of their large-scale extraction operations and we are excited to bring new products to the California marketplace,” added Mark Greene, president of Farmacy Phactory.

Meanwhile, in Canada, Sunniva’s wholly owned subsidiary, Natural Health Services Ltd., the country’s largest referral network of clinics and trained health professionals, invited members of the public and the press for an open house at its Windsor, Ontario, clinic (http://ibn.fm/yzLjk).

At the clinic’s grand opening celebration on May 30, regional manager Lisa Hogan said that this was the culmination of a long journey and that NHS was excited to be able to provide an important service for the local community (http://ibn.fm/rfcNh).

Speaking to Chris Foord, the host of the Cannabis Show (http://ibn.fm/aPaVl), Hogan said, “We’re going to be focusing on an education-based model of care for our patients that focuses on safe access to medical cannabis: proper education, providing them with the insights of if it’s even a proper product for them, how it can help them, and then, of course, product matching and LP matching and connecting them to those services that will meet their needs.”

The clinic, which is free for patients at the point of use, is now open to take bookings.

With some experts estimating that up to 90 percent of California’s cannabis extracts may be tainted with pesticides, Sunniva’s main goal is to provide safe, cost-effective products. The company operates in the largest cannabis markets in the world – California and Canada, and it aims to become the lowest cost, highest quality cannabis manufacturer in these two markets by providing products that are free of pesticides and building large-scale greenhouses that are compliant with current Good Manufacturing Practices. Through this commitment to detail, Sunniva aims to enable better doctor and patient access to cannabis education and facilitate improved delivery devices for therapeutic purposes.

For more information, visit the company’s website at www.sunniva.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 Sunniva Inc. SNNVF | Leave a comment

Earth Science Tech, Inc. (ETST) Sets Testing Dates for Cannabinoid-Based Products

  • Quebec grant will help develop its cannabinoid products; ETST testing will commence in 4Q2018 on formula patents aimed at preventing cancer and other diseases
  • ETST will apply for trademark, finalize packaging for debut of medical device designed to diminish sexually transmitted infections; women will be target audience for this product
  • Company is focused on developing medical devices for the pharmaceutical and nutraceutical fields and marketing its high-grade line of hemp cannabidiol

Earth Science Tech, Inc. (OTC: ETST) has established testing dates for three of its cannabinoid-based (CBD) products. Funded by a grant from Quebec, ETST is now prototyping three CBD patent formulas. A superfood edible is expected to be ready for 4Q2018. The company is scheduled to begin in vitro testing on its first batch of formulas in the summer of 2019, with a goal of demonstrating the superior antioxidant properties and anti-proliferative effects on breast cancer cells, it announced (http://ibn.fm/egQlU).

The goal of these products is to stop inflammation, maintain quality of life, and help prevent cancer and other degenerative diseases. The branding of these three products is in the planning stage.

ETST, a biotech company based in Doral, Florida, has repositioned its line of full-spectrum CBD offerings. It also conducts R&D for low cost, non-invasive medical devices as it concentrates on manufacturing, marketing and distributing its cannabinoid products to the nutraceutical and pharmaceutical markets.

Its MSN-2 medical device is in its final stage prior to the launch of large-scale marketing. ETST is working with Montreal-based Acceleration, Design et Innovation Inc. to aid in the preparation and introduction. Final packaging is being designed to appeal to its target global audience of women. The device is developed to prevent chlamydia and other sexually transmitted infections.

“The official launch of this medical device is a little like giving birth,” Dr. Michel Aube, CEO and chief science officer of ETST, stated in a news release. “It will be unique in the marketplace and we are branding this device globally. The commercial name will be announced soon, as we are in the process of trademark protection for the logo and name.”

ETST holds several wholly owned subsidiaries. Cannabis Therapeutics is an emerging biotechnology company. KannaBidioiD manufactures and distributes in the recreational sector. Earth Science Foundation, Inc. is becoming a non-profit, accepting grants and donations to conduct additional studies. Earth Science Pharmaceutical develops medical diagnostic tools and vaccines. It also has subsidiary Canno Inno Laboratories Inc., a strategic Montreal, Canada-based company formed to provide ETST with access to government grants.

For more information, visit the company’s website at www.EarthScienceTech.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 Earth Science Tech, Inc. ETST | Leave a comment

MissionIRNewsBreaks – Net Element, Inc. (NASDAQ: NETE) Netevia Platform Launches Smart Vendor Payments Solution

Global technology and value-added solutions group Net Element, Inc. (NASDAQ: NETE) this morning announced that its Netevia platform will now include a smart solution for permitting secure vendor payments. The platform solution enables safe, electronically delivered payments using a secure single-use dynamic credit card number. The payments can only be processed by the designated vendor for an exact amount, and have added controls for enhanced flexibility and security. The platform also works with existing accounting systems without requiring a complex setup or integration and offers 24/7 customer support via phone, email or live chat. “We are excited to enable this functionality on our Netevia platform and make Netevia a market platform where small and medium-sized businesses can find comprehensive and innovative card payments-oriented solutions to enhance their operations. Enabling vendor payments is one more step towards achieving this goal,” Vlad Sadovskiy, President of integrated payments for Net Element, stated in the news release.

To view the full press release, visit http://ibn.fm/0DyZT

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 – Pressure BioSciences Inc. (PBIO) Announces Conversion of Additional $7.24M of Debt into Equity

Global life sciences company Pressure BioSciences Inc. (OTCQB: PBIO) this morning announced the conversion of an additional $7.24 million of debt into equity, bringing the total amount of debt that has converted into equity over the past four weeks to $13.6 million. “With today’s announced conversion of an additional $7.24M of debt to equity, total loan debt has been reduced from approximately $16.6M to approximately $3.0M, which is a level we believe the Company can manage,” Joseph L. Damasio, VP of finance and CFO of PBIO, stated in the news release. “We are continuing to discuss the Company’s progress with remaining debt holders, and anticipate that several more may follow the lead of the approximate 40+ investors who converted their debt into equity over the past 30 days. We believe such further conversions could reduce the amount of loan debt on our Balance Sheet by an additional 10-15%.”

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

About Pressure BioSciences Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, soil & plant biology, forensics, and counter-bioterror applications. Additionally, major new market opportunities have emerged in the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies. For more information, visit the company’s website at www.PressureBiosciences.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, Pressure BioSciences Inc. PBIO | Leave a comment

MissionIRNewsBreaks – Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Receives First QuadSight™ Prototype Order

Foresight Autonomous Holdings (NASDAQ: FRSX) (TASE: FRSX) this morning announced that it has made the first sale of a prototype of its breakthrough QuadSight™ quad-camera vision system targeted for the semi-autonomous and autonomous vehicle market. The first system was ordered by the truck division of a large European vehicle manufacturer to assess the system and its performance on the manufacturer’s trucks. The transaction will provide the company with imperative customer feedback as well as an expected revenue of tens of thousands of dollars. The company plans to utilize customer response from all prototype orders to develop a deeper understanding of the customers’ main requirements and quickly modify the system as needed to meet those needs.

To view the full press release, visit http://ibn.fm/pcQ4w

About Foresight

Foresight Autonomous Holdings Ltd. (NASDAQ and TASE: FRSX), founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems and V2X cellular-based solutions for the automotive industry. Foresight’s vision systems are based on 3D video analysis, advanced algorithms for image processing and sensor fusion. The company, through its wholly owned subsidiary Foresight Automotive Ltd., develops advanced systems for accident prevention which are designed to provide real-time information about the vehicle’s surroundings while in motion. The systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. The company’s systems are targeting the Advanced Driver Assistance Systems (ADAS), semi-autonomous and autonomous vehicle markets. The company estimates that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology. For more information, visit the company’s website at www.ForesightAuto.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 Foresight Autonomous Holdings Ltd. FRSX, MissionIRNewsBreaks | Leave a comment

MissionIRNewsBreaks – Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Subsidiary Enters Extraction Contract with Cali Gold

Vertically integrated cannabis company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) this morning announced that wholly owned subsidiary CP Logistics, LLC, through its Sun-Oil Facility, has secured an additional contract with Cali Gold, a leading and legacy California cannabis brand. Per the terms of the agreement, the Sun-Oil Facility will provide Cali Gold with high quality, ultra-purified manufactured distilled oil products to be utilized within vaporization cartridges. The agreement has an initial term of 12 months and can be renewed for an additional 12 months, at the request of Cali Gold, following expiry of the initial term. “We are very excited to expand our product line and feel that Sunniva is the right manufacturing partner for Cali Gold,” Daniel Hood, CEO and founder of Cali Gold, stated in the news release. As noted in this morning’s update, Cali Gold intends to leverage Sunniva’s quality expertise at scale to introduce 10-15 new products in the next six months.

To view the full press release, visit http://ibn.fm/5Y9Kn

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 – where we are committed to delivering safe, high-quality products and services at scale. Our vision is to become the lowest cost, highest quality cannabis producer in the markets we serve by building large scale purpose-built current Good Manufacturing Practice (“cGMP”) designed greenhouses, offering better quality assurance with cannabis products free from pesticides, providing better patient and doctor access to cannabis education and sourcing better therapeutic delivery devices. 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

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) Offers Smart Car Technology that Makes Driving Safer

  • Advanced Driver Assistance Systems (ADAS) market to reach $143 billion by 2025
  • Successful test of Eye-Net V2X (vehicle to everything) cellular-based accident prevention system
  • Analyst coverage recently initiated

What could be smarter than playing it safe, particularly when on the road as a driver? Driving defensively certainly helps, but, more often than expected, the unexpected happens. If only you could have had some inkling of what was coming. Well perhaps you can. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX) is developing unique safety solutions for the automotive industry that provide real-time information to prevent accidents. Combining stereo/quad-camera vision with three-dimensional (3D) video analysis, advanced algorithms and sensor fusion, FRSX’s safety systems will make every car a safer car. Already incorporated into two flagship products, Eyes-On and QuadSight, the company recently completed the successful trial of a third, Eye-Net. FRSX’s groundbreaking work is now garnering attention, with JGR Capital, an independent equity research firm, announcing initiation of coverage (http://ibn.fm/Cqzni).

Just as they have enhanced our mobile phones, rapidly developing advances in information technology are making cars smarter. Smart cars save on fuel costs, provide more creature comforts and help us navigate, but none of that matters if there is danger in driving, which is why most ADAS are putting safety first. Driven in part by government safety regulations and higher consumer expectations, the global ADAS market is projected to ‘reach $143 billion by 2025’, according to a report cited by Body Shop Business (http://ibn.fm/GATHS). With its potentially lifesaving products, FRSX is likely to be part of that developing market.

Presently, FRSX is able to offer three accident prevention products: Eyes-On, QuadSight and Eye-Net. The Eyes-On ADAS System is a stereo vision ADAS system supplemented by advanced algorithms that perform accurate depth analysis and detect all obstacles. The system scans the road for vehicles, animals, cyclists, pedestrians and other possible obstacles, providing accurate and reliable object detection while ensuring the lowest rates of false alerts. It detects much smaller objects than comparable systems on the market and has the capability to detect at long-range and at very high speeds.

The QuadSight System is a four-camera multi-spectral vision system targeting the semi-autonomous and autonomous vehicle market. It employs two sets of stereoscopic infrared and visible-light cameras, enabling highly accurate and reliable obstacle detection. The QuadSight System aims to achieve near 100 percent obstacle detection with the lowest rates of false alerts, under all weather and lighting conditions, including complete darkness, rain, haze, fog and glare. In contrast to other technologies, QuadSight is a passive sensor that does not emit any energy during operation. As a result, the QuadSight system does not create interference with other systems and is hazard-free.

The Eye-Net V2X System is a V2X (vehicle to everything) cellular-based accident prevention system designed to provide real-time pre-collision alerts to pedestrians and vehicles by using smartphones linked to existing cellular networks. The system is meant to identify an oncoming collision before the parties involved are able to see each other, and thus provide an alert that allows the parties to stop in a safe and timely manner. Put to the test in the Israeli city of Ashdod, Eye-Net met all of the pre-defined objectives and indicators for its real-time use in a manner that enabled all road users to brake safely and on time (http://ibn.fm/bi8lJ).

Demand for ADAS is expected to increase over the next decade, fueled largely by regulatory and consumer interest in safety applications that protect drivers and reduce accidents. Both the European Union and the United States are mandating that vehicles be equipped with autonomous emergency-braking systems and forward-collision warning systems by 2020, and car buyers are becoming even more interested in ADAS applications that promote comfort and economy, such as those that assist with parking or monitoring blind spots. As a result, the global market is projected to experience a CAGR of at least 16 percent over the next five years.

For more information, visit the company’s website at www.ForesightAuto.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 Foresight Autonomous Holdings Ltd. FRSX | Leave a comment

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) Reaffirms Expectations with Confirmation of Readiness from Health Canada

  • Sunniva confirms analyst expectations with COR from Health Canada
  • Company and announcement featured in Seeking Alpha article
  • Over one million square feet of cannabis cultivation facilities under construction
  • Grow facilities in California and Canada target 60 million adults

Biopharmaceutical company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) now seems set for a place in the sun. The North American provider of cannabis products and services announced on May 29, 2018, that its wholly owned subsidiary, Sunniva Medical Inc. (“SMI”), had received a Confirmation of Readiness (COR) notification from Health Canada. The good news has not gone unnoticed, with one analyst remarking, “Sunniva Delivers As Promised,” as well as reminding investors that for Sunniva, “The Story Gets Better and Better.” Sunniva is positioned in the world’s two largest cannabis markets. The company currently has separate growing facilities under construction in the U.S., at its campus in Cathedral City, California, and in Canada at Okanagan Falls, British Columbia.

The COR received by Sunniva Medical Inc. (SMI) was issued under new rules instituted in May 2017 by Health Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR), which removed the necessity for a physical inspection of grow facilities prior to the issuance of a cultivation license. The new regime allows an applicant for a producer license to prove ‘their facility’s readiness in the form of data, photos, video, attestations from experts, etc.’, which, after review, can lead to the issue of a cultivation license. Designed to streamline the application process, the amended regulations do not remove the requirement for physical inspections entirely, but appear to place them on a scheduled timetable rather than before approval.

Although not quite a license to produce, a COR is a major step on the way to acquiring one. Sunniva certainly seems to have ‘everything lined up properly’, as a recent endorsement on Seeking Alpha testifies. Under the banner “Sunniva Delivers As Promised,” the review claims that the company might have issued its most important press release to date (http://ibn.fm/tBXUW).

The release, announcing receipt of the COR, also mentions other important company developments, such as the previously reported take or pay supply agreement with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (http://ibn.fm/S7I2R). Under the terms of the agreement, initially for two years, Canopy will purchase approximately 45 percent of Sunniva’s annual production capacity, representing 45,000 kilos of dried cannabis annually, starting in Q1 2019 or shortly thereafter. Canopy will also distribute Sunniva branded products.

Another item in the press release was the announcement that SMI had received development approval from the Regional District of Okanagan-Similkameen for construction of the Sunniva Canada Campus. SMI broke ground in early May 2018 on the 126-acre site at Okanagan Falls, British Columbia. Sunniva also revealed its plans to finance construction activities. It is currently arranging construction financing to finalize its planned state-of-the-art 740,000 square foot facility in Canada.

Work in California continues; under Phase 1 of the project there, a 325,000 square foot greenhouse with the capacity to produce 60,000 kilos of dry cannabis per year is expected to commence operations later this year. About half of that production will be used for conversion to oils and extracts. Phase 2 will increase greenhouse space by 165,000 square feet and increase annual output capacity by 40,000 kilos.

With construction at its campuses in California and Canada now well underway, Sunniva looks set to become a major supplier in this combined market of approximately 60 million adults, which is currently estimated at $9-10 billion.

For more information, visit the company’s website at www.sunniva.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 Sunniva Inc. SNNVF | Leave a comment

Net Element, Inc. (NASDAQ: NETE) Keeps Business Running ‘Any Time, Any Place, Any Payment’

  • Suite of events solutions cuts wait times for transactions through mobile services, quick verification
  • Subsidiary PayOnline enters new market with Russian Federation offerings
  • Multi-channel payments platform Netevia builds on same-day settlement in end-to-end processing

Mobile devices have become the go-anywhere remote controls that turn on — and turn off — the world around us. Net Element, Inc. (NASDAQ: NETE) is a fintech innovator that helps keep the signals open between businesses and their customers in a pay-per-play, on-demand-type marketplace that may be virtually headquartered anywhere between a business district, the highway or someone’s back yard.

Payment solutions provider Net Element has developed an expertise in linking mobile phones, brick and mortar stores, banks and unbanked web-based businesses to deliver reliable multi-channel possibilities to buyers and transaction analysis to the businesses who serve them. The company’s recent announcement that its subsidiary, Unified Payments, is launching an intelligent payment solution for the events industry (http://ibn.fm/vApjF) is an example of its efforts to provide the marketplace with future-ready options to serve vendors and the crowds to whom they cater.

Unified Payments’ suite of solutions makes it easier to eliminate lengthy wait times in line and keep service to the customer flowing “any time, any place, any payment” (http://ibn.fm/JFort) with self-order kiosks that provide charge-back protection. Value-added services provide help with quick account establishment, risk monitoring and advising for pricing models.

A report by the Events Industry Council notes that the meetings and events industry is pumping hundreds of billions of dollars into the U.S. economy, supporting 5.9 million jobs and continuing to expand, with an 18 percent increase in direct spending since 2012 (http://ibn.fm/R1MpZ).

In February, Net Element launched Netevia, a multi-channel payments platform that delivers end-to-end payment processing through easy-to-use APIs (http://ibn.fm/rAZ06). Its language-agnostic technology allows businesses to accept most payment methods in multiple currencies internationally. Same-business-day settlement and funding provides merchant security, while value-added features such as loyalty options help merchants build solutions to keep customers coming back.

Market analyst Statista projects that e-commerce retail worldwide will double its revenues to $4.88 trillion by 2021, stating in a report earlier this year that desktop PCs are still the world’s most popular device for placing shopping orders online but that mobile devices, especially smartphones, are catching up (http://ibn.fm/s3gVN).

Net Element subsidiary PayOnline began partnering with the Russian Federation’s Bank Sputnik last month to offer a comprehensive multi-channel solution to small and medium-sized businesses for their payment concerns, expanding PayOnline’s services beyond electronic commerce (http://ibn.fm/FwRHo). The company’s news release about the partnership notes that Statista Digital Markets predicts the total transaction value in the digital payments market segment in Russia will amount to $39.5 billion in 2018, up from $27.9 billion in 2016, and reach $61.8 billion by 2022 with a CAGR of 11.9 percent.

“This innovative, turnkey solution offers frictionless onboarding for merchants with integrated, value-added services,” Andrey Krotov, CTO of Net Element, stated in a news release. “With customizable payment flows, full-stack API and value-added solutions, PayOnline exceeds the unique needs of software platforms and merchants looking to enable payments in a multi-channel environment.”

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]

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MissionIRNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) Subsidiary Obtains Health Canada Cultivation License for Breeding Facility

Cannabis-focused research and development company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTC: TGODF) this morning announced that Medican Organic Inc., the company’s wholly-owned subsidiary, has received its Cultivation License from Health Canada for the company’s breeding facility in Salaberry-de-Valleyfield, Quebec (“Valleyfield”). The facility will enable TGOD to create proprietary, organically grown strains of cannabis and cannabis seeds. “TGOD’s focus on R&D in the area of breeding and plant genetics will further position the Company as a global industry leader. This technology will enable the Company to produce its own high quality organic cannabis seeds and starting material, which TGOD intends to leverage in its international operations. We are very excited to be focusing our efforts on this important area of innovation which will lead to more tailored strain compositions and a more customized premium product for patients and users,” The Green Organic Dutchman Holdings Co-Chairman and CEO Robert Anderson stated in the news release.

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

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 116,000 kg and is building 970,000 sq. ft. of cultivation facilities in Ontario and Quebec. The company has developed a strategic partnership with Aurora Cannabis Inc. (TSX: ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the company has raised approximately C$315 million dollars and has over 5,000 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
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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

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