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$SGMD news it out! Sugarmade Places on Hold Reverse Split - Plans to Enter Regulated Cannabis Market as Industry Turmoil Creates Opportunities
https://finance.yahoo.com/news/sugarmade-places-hold-reverse-split-133010143.html
TWOH one to watch big things ahead
$IQST huge $16M 2019 revenue, getting noticed: https://seekingalpha.com/instablog/12606221-stock-market-press/5399628-5g-pushes-telecom-market-back-limelight
$EDXC #CBD kiosks in the works: https://backend.otcmarkets.com/otcapi/company/financial-report/236666/content
$SGMD holds RS, prepares for major growth:
https://finance.yahoo.com/news/sugarmade-places-hold-reverse-split-133010143.html
Sugarmade Places on Hold Reverse Split - Plans to Enter Regulated Cannabis Market as Industry Turmoil Creates Opportunities
GlobeNewswire GlobeNewswireJanuary 22, 2020
NEW YORK, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), today announces the Company has placed a hold on plans to complete a reverse split of its common shares. Pending a vote by its board of directors, management believes temporarily holding the reverse split or canceling the reverse split altogether may be the best future course of action. The Company is also announcing its planned entry into the regulated and licensed portion of the cannabis marketplace, with an emphasis on the California distribution and retail sectors.
Jimmy Chan, CEO of Sugarmade commented, “For at least the time being, we do not see a reason to move forward with the reverse stock split. However, we reserve the right, should circumstances warrant, to reactivate the reverse. We are in the process of modifying our business strategy to better align with where the cannabis marketplace is headed and thus our cancellation of the previously proposed transaction. We see significantly larger opportunities in the California cannabis distribution arena and have entered into advanced talks to make a strategic move into this area.”
The cannabis industry in California is rapidly evolving. As recently as only a few months ago, the competitive landscape for legal and licensed cultivators, processors, distributors and retailers was bleak, but the situation has rapidly improved as the crackdown on illegal market participants in California has shown great success. Sugarmade expects these successes to continue. Sugarmade sees a strong opportunity to enter this business arena as the environment changes and as long-time industry participants seek publicly traded partners.
The Company recently announced the rescission of an agreement to acquire a hydroponic equipment supplier. In a filing with the U.S. Securities & Exchange Commission, Sugarmade outlined that approximately 1.2 billion common share equivalents will be returned to the Company’s treasury. In addition, the rescission is estimated to save Sugarmade approximately $1 million per month over the next seven months. Sugarmade’s board of directors has determined the business combination was no longer viewed as the best shareholder maximization strategy as industry upheaval accelerates. Sugarmade has been presented with numerous other business combination opportunities that its board of directors now believes are superior and are under consideration.
The Company’s board of directors believes entry into the regulated portion of the cannabis business sector, which includes hemp and legal THC cannabis cultivation, processing and marketing, is particularly appealing due to the large number of assets within that sub-sector that are currently available for purchase or acquisition. Sugarmade has entered into discussion with several such companies relative to a strategic business combination.
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. For more information please reference www.sugarmade.com.
$IQST $16M revs with more already on the books for this Q
https://finance.yahoo.com/news/iqstel-inc-announces-etelix-fy-103010745.html
iQSTEL, Inc. Announces Etelix FY-2019 Revenue of $16,327,870 for Record Breaking Year
GlobeNewswire GlobeNewswireJanuary 22, 2020
NEW YORK, NY, Jan. 22, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- iQSTEL Inc. (IQST) announces record breaking year for its wholly owned subsidiary Etelix.
Mr. Iglesias, the Company’s CEO, stated: “The growth of our main and wholly-owned subsidiary Etelix continues to grow organically, well within the Company’s estimates. For the FY-2019 the Company finished with $16,327,870, an increase of 18.5% versus FY-2018. The main drivers for this growth have been excellent operational execution, as well as our continued quest for better pricing for our clients. The Company is now finalizing the final quarter revenue and operating profit for our recently acquired European subsidiary, Swisslink, which once consolidated will increase the Company’s consolidated revenue and operating profit considerably. We expect to have final revenue numbers in the coming March. Based on our excellent continued level of execution, we expect revenue and operating profit for our consolidated VoIP business to continue on a very robust growth rate through 2020 and the coming years.”
About iQSTEL Inc.:
iQSTEL (IQST) www.iQSTEL.com is a technology company offering a wide array of services to the Telecommunications Industry. These include services to International Long-Distance Telecommunications Operators (ILD Wholesale), Retail and Corporate markets (ILD Retail), Submarine Fiber Optic Network capacity, Satellite Communications services, Mobile Virtual Network Operator (MVNO) services, Internet of Things (IoT) technology solutions, Data Center facilities capacity leasing, and Blockchain solutions for the Telecommunications industry.
About Etelix.com USA, LLC:
Etelix.com USA LLC www.etelix.com is wholly owned subsidiary of iQSTEL Inc. Etelix.com USA, LLC is a Miami, Florida-based international telecom carrier founded in 2008 that provides telecom and technology solutions worldwide, with commercial presence in North America, Latin America and Europe. Enabled by its 214-license granted by the Federal Communications Commission (FCC), Etelix provides International Long-Distance voice services for Telecommunications Operators (ILD Wholesale), and Submarine Fiber Optic Network capacity for internet (4G and 5G). Etelix was founded in 2008 and has been profitable since inception.
About SwissLink Carrier AG:
SwissLink Carrier AG www.swisslink-carrier.com is a 51% owned subsidiary of iQSTEL Inc. SwissLink Carrier AG is a Switzerland based international Telecommunications Carrier founded in 2015 providing international VoIP connectivity worldwide, with commercial presence in Europe, CIS and Latin America. SwissLink Carrier AG is a Swiss licensed Operator, having a domestic Interconnect with Swisscom, allowing their international Carrier Customers direct terminations via SwissLink into all Switzerland Fix & Mobile Networks. Since the takeover from Swissphone in November 2018 and the rename into SwissLink, they operate on a profitable level.
Safe Harbor Statement: Statements in this news release may be "forward-looking statements". Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and iQSTEL Inc. undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
iQSTEL Inc.
IR US Phone: 646-740-0907, IR Email: investors@iqstel.com
Source: iQSTEL Inc.
www.iqstel.com ; www.swisslink-carrier.com and www.etelix.com
$SGMD Trader's Cheat Sheet https://www.barchart.com/stocks/quotes/SGMD/cheat-sheet
$TWOH Toronto, Ontario--(Newsfile Corp. - January 15, 2020) - Two Hands Corporation (OTC Pink: TWOH), a leading custom application development company, focused on creating a complete co-parenting solution, delivering tools that allow co-parents to better collaborate about parental responsibilities, in a clear and positive way expects to release its IOS and Android Native Application in the next few days.
CEO of Two Hands, Nadav Elituv commented, "Our application is under review and final testing is under way. We believe version 2.0 will meet the requirements of co-parenting. This is a significant milestone for us, once launched on the Apple App store and Google Play store we will be able to provide greater access to our users."
Mr. Elituv continued, "with an aggressive growth strategy and the loyal following of our brand we are building an amazing application that will help co-parents around the world."
https://www.marketwatch.com/press-release/two-hands-corporation-set-to-launch-native-application-2020-01-15?mod=mw_quote_news
$TWOH's Two Hands Gone is one of the few messaging apps that is taking the security and privacy of their users very seriously by providing the end-to-end encryption feature. https://androidwidgetcenter.com/articles/two-hands-gone
$SKDI summarizes as follows; the drawing up of the plan to fund an e-Sports team to grow the Hakuna brand, the increase in headcount in sales, and marketing and production to accommodate the expected growth in revenue.
$TWOH Set to Launch Native Application https://finance.yahoo.com/news/two-hands-corporation-set-launch-210000504.html
$SKDI Sunkissed Industries utilizes and improves upon the current industry model for vertical integration in hemp processing and testing.
Now legal, we’ll be using time tested and approved methods focusing directly on cbd processing and testing outright with groundbreaking in farming quick to follow.
$ONCI The Company is acquiring CogoSense Technology, Inc with its FleetSafer bSafeMobile and bFoundMobile Apps and is committed to acquire 75% of Sifthouse BC, a Canadian producer of craft Cannabis products
$SKDI Better CBD Isolate standards aren’t something we invented, its a minimum basic standard here in Maine. We want people of the entire world to benefit from our company practices while challenging and encouraging the industry to walk with us towards ouor goals. Not just better standards industry wide, but also better understanding for the consumer of how CBD can help you and how to wade through a market of little transparency.
$MSTO Party getting started this week with this tiny float subpenny
ACCR .01 Volume: 1,257,093 @01/17/20
October 2, 2019 ACCESS-POWER, INC OFF THE GREY SHEETs....
I hope to accomplish the unthinkable, and that is bring back our company from the grey sheets to a quote service with OTCMarkets.com. There are only a handful of Companies that have accomplished this unthinkable feat.
https://ih.advfn.com/stock-market/USOTC/access-power-inc-florida-pn-ACCR/stock-news/80849510/quarterly-report-10-qur
https://www.barchart.com/stocks/quotes/ACCR/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=RSI(12,100);ADXMOD(14);BBANDS(20,2);AROON(25);SMA(50);SMA(20);SMA(200);SMA(34);PCT(20,0.20);OBV&sym=ACCR&grid=1&height=375&studyheight=150
UATG volume says p!enty, interest is high...
HENC .013 UNDERVALUED. 2000% POTENTIAL
HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC HENC
$SGMD some good trading today on 1.2B share cancellation and rescission of acquisition, change in direction news:
News: https://finance.yahoo.com/news/sugarmade-see-superior-opportunities-rescinds-130010390.html
8K rescision: https://www.otcmarkets.com/filing/html?id=13849470&guid=5ILjUKebBfrUrth
Sugarmade – “We See Superior Opportunities” - Rescinds Agreement - Saving 1.2 Billion Share Issuance and $1 MM Quarterly Cash Outlay
GlobeNewswire GlobeNewswireJanuary 17, 2020
NEW YORK, Jan. 17, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), today announces the rescission of an agreement to acquire a hydroponic equipment supplier. In a filing with the U.S. Securities & Exchange Commission, Sugarmade outlines that approximately 1.2 billion common share equivalents will be returned to the Company’s treasury. Sugarmade’s board of directors has determined the business combination is no longer viewed as the best shareholder maximization strategy as industry upheaval accelerates. Sugarmade has been presented with numerous other business combination opportunities that its board of directors now believes are superior and are under consideration.
The rescission will:
Reduce the outstanding shares to approximately 706 million via the return of approximately 1.2 billion shares to SGMD’s treasury.
Result in a cash flow savings of $1 million quarter for seven quarters due to the elimination of the cash portion of the transaction due.
Eliminate shareholder dilution due to the acquisition’s insufficient cash flow to meet debt service.
Allow Sugarmade to immediately enter the significantly higher margin regulated sectors of the cannabis marketplace where acquisition targets are plentiful and are priced at meaningful discounts.
“The hydroponic transaction was proposed more than two years ago and since that time the industry has changed significantly. Simply Put - We have looked long and hard at the industry situation and we have determined there are numerous other potentially larger opportunities at this time for Sugarmade and its shareholders,” commented CEO Jimmy Chan. “The previous transaction is not the best way for us to maximize shareholder value. We are very pleased to be returning all of the issued shares to the treasury, which significantly lowers our outstanding shares, placing us in a prime spot as an industry consolidator of the many troubled assets in the sector. Thus, as a board of directors, we are taking the bold step to rescind the Past of the industry in favor of the Future of the industry and the more lucrative opportunities that are currently under consideration.”
The shareholders of the acquired company have agreed to surrender 448,873,817 common shares and 750,000 Series B Convertible Preferred shares. On an as-converted to common basis the returns to Sugarmade’s treasury equal 448,873,817 relating to the common shares to be surrendered and 750,000,000 million common shares equivalents due to each Series B Convertible Preferred share converting to common shares on a 1 for 1,000 basis. Thus, on a common share equivalent basis, the surrender equals 1,198,873,817 common shares, if all Preferred Series B were converted.
Additionally, as part of the Agreement, the Company will retain or will receive 102,248 shares in the acquired company.
A major factor in the decision to rescind the transaction is the significant upheaval currently being seen within the marketplace as many cultivators, distributors, vendors and other market participants struggle to maintain viability. This industry turmoil has caused many struggling companies to seek publicly traded partners that can assist in their return to viability. Sugarmade has entered into discussions with representatives of several of these companies operating in the regulated portion of the cannabis sector.
The Company’s board of directors believes entry into the regulated portion of the cannabis business sector, which includes hemp and legal THC cannabis cultivation, processing and marketing, is particularly appealing due to the large number of assets within that sub-sector that are currently available for purchase or acquisition.
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. For more information please reference www.sugarmade.com
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others. such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Corporate Contact:
Jimmy Chan
+1-(888)-982-1628
info@Sugarmade.com
Corporate Wire Service:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com
$TWOH app available for testing on Android devices!!
https://play.google.com/apps/testing/com.twohandsapp.parenting
$SGMD 1.2B share retirement, $1m per/month saved, focus on profitability and revs:
News: https://finance.yahoo.com/news/sugarmade-see-superior-opportunities-rescinds-130010390.html
8K rescision: https://www.otcmarkets.com/filing/html?id=13849470&guid=5ILjUKebBfrUrth
Sugarmade – “We See Superior Opportunities” - Rescinds Agreement - Saving 1.2 Billion Share Issuance and $1 MM Quarterly Cash Outlay
GlobeNewswire GlobeNewswireJanuary 17, 2020
NEW YORK, Jan. 17, 2020 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), today announces the rescission of an agreement to acquire a hydroponic equipment supplier. In a filing with the U.S. Securities & Exchange Commission, Sugarmade outlines that approximately 1.2 billion common share equivalents will be returned to the Company’s treasury. Sugarmade’s board of directors has determined the business combination is no longer viewed as the best shareholder maximization strategy as industry upheaval accelerates. Sugarmade has been presented with numerous other business combination opportunities that its board of directors now believes are superior and are under consideration.
The rescission will:
Reduce the outstanding shares to approximately 706 million via the return of approximately 1.2 billion shares to SGMD’s treasury.
Result in a cash flow savings of $1 million quarter for seven quarters due to the elimination of the cash portion of the transaction due.
Eliminate shareholder dilution due to the acquisition’s insufficient cash flow to meet debt service.
Allow Sugarmade to immediately enter the significantly higher margin regulated sectors of the cannabis marketplace where acquisition targets are plentiful and are priced at meaningful discounts.
“The hydroponic transaction was proposed more than two years ago and since that time the industry has changed significantly. Simply Put - We have looked long and hard at the industry situation and we have determined there are numerous other potentially larger opportunities at this time for Sugarmade and its shareholders,” commented CEO Jimmy Chan. “The previous transaction is not the best way for us to maximize shareholder value. We are very pleased to be returning all of the issued shares to the treasury, which significantly lowers our outstanding shares, placing us in a prime spot as an industry consolidator of the many troubled assets in the sector. Thus, as a board of directors, we are taking the bold step to rescind the Past of the industry in favor of the Future of the industry and the more lucrative opportunities that are currently under consideration.”
The shareholders of the acquired company have agreed to surrender 448,873,817 common shares and 750,000 Series B Convertible Preferred shares. On an as-converted to common basis the returns to Sugarmade’s treasury equal 448,873,817 relating to the common shares to be surrendered and 750,000,000 million common shares equivalents due to each Series B Convertible Preferred share converting to common shares on a 1 for 1,000 basis. Thus, on a common share equivalent basis, the surrender equals 1,198,873,817 common shares, if all Preferred Series B were converted.
Additionally, as part of the Agreement, the Company will retain or will receive 102,248 shares in the acquired company.
A major factor in the decision to rescind the transaction is the significant upheaval currently being seen within the marketplace as many cultivators, distributors, vendors and other market participants struggle to maintain viability. This industry turmoil has caused many struggling companies to seek publicly traded partners that can assist in their return to viability. Sugarmade has entered into discussions with representatives of several of these companies operating in the regulated portion of the cannabis sector.
The Company’s board of directors believes entry into the regulated portion of the cannabis business sector, which includes hemp and legal THC cannabis cultivation, processing and marketing, is particularly appealing due to the large number of assets within that sub-sector that are currently available for purchase or acquisition.
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. For more information please reference www.sugarmade.com
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements also may be included in other publicly available documents issued by the Company and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance. Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause the Company's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others. such as, but not limited to economic conditions, changes in the laws or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this report.
Corporate Contact:
Jimmy Chan
+1-(888)-982-1628
info@Sugarmade.com
Corporate Wire Service:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com
$MCTC cranks nicely on #THC-V and #CBN news:
https://finance.yahoo.com/news/mctc-announces-thc-v-skinny-123000210.html
MCTC Announces THC-V Skinny Cannabinoid Project Varin for THC-V Nanoparticles and Glycosides
ACCESSWIRE ACCESSWIREJanuary 16, 2020
LOS ANGELES, CA / ACCESSWIRE / January 16, 2020 / MCTC Holdings, Inc. (OTC PINK:MCTC), a cannabinoid science forward company developing unique infusion technologies and cannabinoid delivery systems, today announces Project Varin, a program to develop new delivery systems for Tetrahydrocannabivarin (THC-V). THC-V is becoming known within the cannabinoid sciences arena as the "Skinny Cannabinoid" due to its purported appetite suppression qualities, and its possible use as a treatment against obesity-associated glucose intolerance. THC-V is a rare cannabinoid found in the Cannabis Sativa plant. THC-V is not scheduled as a controlled substance at the federal level and is only recently available in the marketplace.
Arman Tabatabaei, CEO of MCTC Holdings, Inc. commented: "THC-V is so rare and difficult to obtain, it is currently valued at around $500,000 per kilogram, which is approximately ten times the price of gold. In order for the marketplace to utilize this potentially beneficial exotic cannabinoid, new delivery systems will need to be developed to allow the amount of THC-V administered to be efficiently utilized by the human body. This issue of bioavailability has been a significant ongoing concern for the industry relative to many cannabinoids, but with the rarity of THC-V, the need for efficient delivery is hugely amplified. It is our goal to solve this pressing industry issue. Based on our already completed laboratory accomplishments and our patent-pending technologies, we believe this goal is within our reach."
The primary goal of this groundbreaking research by MCTC will be to develop THC-V delivery methods that significantly improve bioavailability. In the first stage of the program, which started this week, researchers plan to produce THC-V polymeric nanoparticles and nanofibers based on the Company's patent-pending technologies. Over the past few months, the Company has realized considerable success in producing Cannabidiol (CBD) particles, which the Company's researchers believe is highly leverageable relative to THC-V particle creation. In the second phase of development, which is scheduled to begin in March of 2020, the Company plans to apply its ongoing cannabinoid glycosides research to THC-V, in order to produce THC-V with unparalleled levels of availability at minimal usage levels.
Mr. Tabatabaei continued: "Interest in THC-V and Cannabinol (CBN) is quickly growing within the cannabinoid industry, and we believe both will be important topics throughout 2020 and beyond. With the recent availability of nearly 100% pure research quantities of these exotic cannabinoids now hitting the marketplace and the peaking interest, we believe our timing in launching Project Varin is optimal. We have made great strides in only a few months relative to cannabinoid research. We plan to apply what we have learned and our new patent-pending technologies to THC-V and eventually to CBN."
The Company has recently filed five patents on hemp extract technologies and delivery systems. MCTC is currently working with patent counsel to protect various other aspects of its other new technologies. As previously announced, the Company plans to continue other areas of delivery systems research including its programs pertaining to cannabinoid glycosides, polymeric cannabinoid nanoparticles and nanofibers, and its hemp extract-based alcohol replacement technologies.
About MCTC Holdings, Inc.
MCTC Holdings, Inc. (d/b/a: Cannabis Global) is a Delaware registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector and its intent to change its corporate identity to Cannabis Global, Inc. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs.
More information on the Company can be viewed at www.CannabisGlobalinc.com.
For more information, please contact:
Arman Tabatabaei
IR@cannabisglobalinc.com
Put $SKDI on your watchlist, more news could be coming
$MCTC big THC-V news out today:
https://finance.yahoo.com/news/mctc-announces-thc-v-skinny-123000210.html
MCTC Announces THC-V Skinny Cannabinoid Project Varin for THC-V Nanoparticles and Glycosides
ACCESSWIRE ACCESSWIREJanuary 16, 2020
LOS ANGELES, CA / ACCESSWIRE / January 16, 2020 / MCTC Holdings, Inc. (OTC PINK:MCTC), a cannabinoid science forward company developing unique infusion technologies and cannabinoid delivery systems, today announces Project Varin, a program to develop new delivery systems for Tetrahydrocannabivarin (THC-V). THC-V is becoming known within the cannabinoid sciences arena as the "Skinny Cannabinoid" due to its purported appetite suppression qualities, and its possible use as a treatment against obesity-associated glucose intolerance. THC-V is a rare cannabinoid found in the Cannabis Sativa plant. THC-V is not scheduled as a controlled substance at the federal level and is only recently available in the marketplace.
Arman Tabatabaei, CEO of MCTC Holdings, Inc. commented: "THC-V is so rare and difficult to obtain, it is currently valued at around $500,000 per kilogram, which is approximately ten times the price of gold. In order for the marketplace to utilize this potentially beneficial exotic cannabinoid, new delivery systems will need to be developed to allow the amount of THC-V administered to be efficiently utilized by the human body. This issue of bioavailability has been a significant ongoing concern for the industry relative to many cannabinoids, but with the rarity of THC-V, the need for efficient delivery is hugely amplified. It is our goal to solve this pressing industry issue. Based on our already completed laboratory accomplishments and our patent-pending technologies, we believe this goal is within our reach."
The primary goal of this groundbreaking research by MCTC will be to develop THC-V delivery methods that significantly improve bioavailability. In the first stage of the program, which started this week, researchers plan to produce THC-V polymeric nanoparticles and nanofibers based on the Company's patent-pending technologies. Over the past few months, the Company has realized considerable success in producing Cannabidiol (CBD) particles, which the Company's researchers believe is highly leverageable relative to THC-V particle creation. In the second phase of development, which is scheduled to begin in March of 2020, the Company plans to apply its ongoing cannabinoid glycosides research to THC-V, in order to produce THC-V with unparalleled levels of availability at minimal usage levels.
Mr. Tabatabaei continued: "Interest in THC-V and Cannabinol (CBN) is quickly growing within the cannabinoid industry, and we believe both will be important topics throughout 2020 and beyond. With the recent availability of nearly 100% pure research quantities of these exotic cannabinoids now hitting the marketplace and the peaking interest, we believe our timing in launching Project Varin is optimal. We have made great strides in only a few months relative to cannabinoid research. We plan to apply what we have learned and our new patent-pending technologies to THC-V and eventually to CBN."
The Company has recently filed five patents on hemp extract technologies and delivery systems. MCTC is currently working with patent counsel to protect various other aspects of its other new technologies. As previously announced, the Company plans to continue other areas of delivery systems research including its programs pertaining to cannabinoid glycosides, polymeric cannabinoid nanoparticles and nanofibers, and its hemp extract-based alcohol replacement technologies.
About MCTC Holdings, Inc.
MCTC Holdings, Inc. (d/b/a: Cannabis Global) is a Delaware registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector and its intent to change its corporate identity to Cannabis Global, Inc. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs.
More information on the Company can be viewed at www.CannabisGlobalinc.com.
For more information, please contact:
Arman Tabatabaei
IR@cannabisglobalinc.com
For more info on $TWOH, visit its company website: http://www.twohandsapp.com/
$MCTC #hemp extract coffee product announced:
https://finance.yahoo.com/news/mctc-announces-hemp-feel-tm-123000929.html
MCTC Announces Hemp You Can Feel(TM) Clean Label Coffee
LOS ANGELES, CA / ACCESSWIRE / January 6, 2020 / MCTC Holdings, Inc. (MCTC), a cannabinoid science forward company developing unique hemp infusion technologies, today announces Hemp You Can Feel™ Coffee, based on its patent pending hemp extract infusion technologies.
Mr. Arman Tabatabaei, CEO of the Company commented, "We have developed a truly unique hemp extract coffee product that will be offered to consumers later this month. The new product is based on our recently completed R&D efforts that resulted in our dual infusion clean label process that uses only natural ingredients and zero chemical additives. Our first introduction will be for single serving coffee pods in a 100% compostable format, including the pod, lid and all packaging. We are excited to present the Hemp You Can Feel™ Coffee Story."
The Hemp You Can Feel™ Coffee Story
At MCTC Holdings we love CBD products but noticed that many do not meet purity and potency claims and so do next to nothing for the consumer. Based on this belief, we created Hemp You Can Feel™ Coffee. There are several important differences in this unique coffee product line.
Our products are 95% organic and based on some of the highest quality ingredients available in the marketplace. Green coffee beans are imported directly, roasted and ground on site enabling us to closely monitor the entire process.
While most hemp coffee brands simply spray extracts onto the coffee, our product is based on a unique dual infusion process that provides superior taste and availability of the hemp extracts to the body. It is so new and innovative it is Patent Pending with the U.S Patent and Trademark Office. Unlike the majority of other infused products, we use no chemicals, surfactants, or artificial processes to make our infusions. It is certainly more expensive to infuse organic coffee with only hemp extracts, organic non-GMO starches from vegetables, honey from organic farms, and trace amounts of organic vegetable and coconut oils, but it clearly produces a superior product with an ingredient list we are very proud to place on our products list.
We are especially proud of our packaging. Let's face it - coffee pods are one of the finest examples of unnecessary single-use plastics that are polluting planet Earth and the fact is that most coffee pods end up getting incinerated, dumping poison into our air, water and soil. The ones that don't get incinerated often end up in rivers, lakes or in the ocean where they break down into smaller pieces that cause a host of long term issues. You can rest assured that Hemp You Can Feel™ Coffee doesn't contribute to the problem. Our product is 100% compostable within 120 days of properly-being discarded - this includes not only the packaging, but also our coffee pod, the lid and the package inserts.
Lastly, we are excited to include an independent laboratory Certificate of Analysis for our product within our packaging. Unfortunately, we know why the vast majority of manufacturers don't provide this information. As is outlined on the certificate, each coffee pod contains at least 30 milligrams of CBD, numerous other components of hemp extracts, and no detectable THC.
Simply put, Hemp You Can Feel™ is a no expense spared hemp extract infusion coffee. A product we feel great about and are proud to offer to our customers.
The Company has recently filed five patents on hemp extract technologies and delivery systems. MCTC is currently working with patent counsel to protect various other aspects of its new technologies. As previously announced, the Company plans to continue other areas of delivery systems research including its programs pertaining to polymeric cannabinoid nanoparticles and nanofibers. Additionally, MCTC has recently announced a varin cannabinoid R&D program concentrating on glycosides. The technologies being announced today are non-nanoparticle based.
About MCTC Holdings, Inc.
MCTC Holdings, Inc. (d/b/a: Cannabis Global) is a Delaware registered, fully reporting and audited publicly-traded company. With the hemp and cannabis industries moving very quickly and with a growing number of market entrants, MCTC plans to concentrate its efforts on the middle portions of the hemp and cannabis value chain. The Company plans to actively pursue R&D programs and productization for exotic cannabinoid isolation, bioenhancement of cannabinoids and polymeric solid nanoparticles and nanofibers for addition into consumer products and for dermal application. The Company was reorganized during June of 2019 and announced its intent to enter the fast-growing cannabis sector and its intent to change its corporate identity to Cannabis Global, Inc. The Company is headed and managed by a group of highly experienced cannabis industry pioneers and entrepreneurs.
More information on the Company can be viewed at www.CannabisGlobalinc.com.
For more information, please contact:
Arman Tabatabaei
IR@cannabisglobalinc.com
$SGMD ~ Sugarmade PR update coming this week as per corporate Tweet out Monday >>
Good morning SugarMade shareholders. We are excited to say that 2020 is on track for a successful Q1. We anticipate our market valuation to increase significantly. Material press to follow this week. Thank you. #hydroponics #CBD #Acquisitions #SGMD #BZRTH
— Sugarmade Inc (OTC:SGMD) (@Sugarmade1) January 13, 2020
$SKDI NEW YORK, Jan. 14, 2020 /PRNewswire/ -- Sun Kissed Industries Inc. (OTCMKTS:SKDI) ("Sun Kissed", "SKDI", or the "Company"), an emerging player in the CBD marketplace, is excited to announce that the first strategy meeting of 2020 kicks off in Los Angeles, CA this week between the CEO of Products Group and the CEO of Sun Kissed Industries. The two men have been working closely together over the past 3 months to curate a plan of action for Hakuna in 2020 that sees it grow from its $1m topline revenue figure of 2019 through to a potential 3X growth in 2020.
https://www.cnn.com/business/newsfeeds/prnewswire/202001140900PR_NEWS_USPR_____CG87958.html
$SMCE Daily Chart
Link: https://www.tradingview.com/chart/?symbol=OTC%3ASMCE
$SAFS The Safer Shot Bouncer™ Cartridge System
Uses kinetic energy to incapacitate a target at handgun range, up to 22 feet. The proprietary Safer Shot cartridge is a silicon coated spherical projectile; on impact the projectile breaks into a putty-like substance, preventing it from breaking the skin, entering the body or creating any long term injury to the assailant. At the same time, the effect of the cartridge is powerful, it causes extreme pain and immediate incapacitation, temporarily disabling an assailant, allowing them to be brought safely under control.
$SAFS The Company is focused on the development and marketing of less than lethal weapons and security products. In addition to the Company's continued less than lethal development activities, Safer Shot plans to identify, acquire and integrate manufacturers and developers of non-traditional weapons and security products for law enforcement, security personnel and consumers into their core business.
$BLPG Merger With Oil & Gas Investment Holdings Friday
Took a position but looking to add any correction next week GLTA
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$PCTL 5 systems placed in October! More To Come!
Building long term reoccurring revenue in some of the countries' top medical facilities and now international.
Underestimate this growing powerhouse if you want to!
October placements
Mt Sinai Hospital New York(phase one)
founded in 1852, is one of the oldest and largest teaching hospitals in the United States.[2] It is located on the Upper East Side in the New York City borough of Manhattan, on the eastern border of Central Park stretching along Fifth Avenue, between East 98th Street and East 103rd Street.[3] The entire Mount Sinai health system has over 7,400 physicians, as well as 3,815 beds, and delivers over 16,000 babies a year. In 2019–20, the hospital was ranked 14th among the nearly 5,000 hospitals in the US by the U.S. News & World Report.
NewYork-Presbyterian Hospital/Columbia University Irving Medical Center(phase one)
The NewYork–Presbyterian Hospital is a nonprofit[1] academic medical center in New York City affiliated with two Ivy League medical schools: Columbia University Vagelos College of Physicians and Surgeons and Weill Cornell Medical College. It is composed of two distinct medical centers, Columbia University Medical Center and Weill Cornell Medical Center. As of 2019, the hospital is ranked as the 5th best hospital in the United States and 1st in the New York City metropolitan area by U.S. News & World Report.[3] The hospital has around 20,000 employees and 2,678 beds in total, and is one of the largest hospitals in the world.
Unnamed 500 bed hospital in United Kingdom (phase one)
The phase one installation will begin in November at a large 500 bed hospital in England. Upon successful completion of this initial installation, a continuing flow of orders from associated UK hospitals is expected during 2020.
Suny Downside Hospital (2 additional units + 5 yr contract)
SUNY Downstate Health Sciences University (Downstate) is a public medical school and hospital in New York City. It is part of the State University of New York (SUNY) system and the only academic medical center for health education, research, and patient care serving Brooklyn’s 2.5 million residents. As of Fall 2018, it had a total student body of 1,846 and approximately 8,000 faculty and staff.
Downstate Medical Center comprises a College of Medicine, Colleges of Nursing and Health Related Professions, Schools of Graduate Studies and Public Health, and University Hospital of Brooklyn. It also includes a major research complex and biotechnology facilities.
SUNY Downstate ranks eighth nationally in the number of alumni who are on the faculty of American medical schools. More physicians practicing in New York City graduated from Downstate than from any other medical school. With 1,040 residents (young physicians in training), Downstate's residency program is the 16th largest in the country.
SUNY Downstate Medical Center is the fourth largest employer in Brooklyn. Eighty-six percent of its employees are New York City residents; 68 percent live in Brooklyn. The medical center's total direct, indirect, and induced economic impact on New York State is in excess of $2 billion. SUNY Downstate Medical Center attracted close to $100 million in external research funding in 2011, which includes $26 million from federal sources. It ranks fourth among SUNY campuses in grant expenditures, and second among SUNY's academic health centers.
This monster is waking up and with success comes opportunity! Private placement and financing deals are imminent!
10 Penny Stocks to Watch Going into the Week of 12.28.2019
$MREO $MIK $MDR $PYX $USWS $TUSK $JMIA $SLS $CKPT $BEST
https://www.transparenttradersblackbox.com/post/10-penny-stocks-to-watch-going-into-the-week-of-12-28-2019
$SGMD #hemp equipment company, mega extraction facility order being fulfilled!
https://finance.yahoo.com/news/sugarmade-enters-hemp-extraction-equipment-133010428.html
Sugarmade Enters Hemp Extraction Equipment Supply Business – Initial Customer Order En Route to Mega Hemp Extraction Facility
GlobeNewswire GlobeNewswireDecember 20, 2019
NEW YORK, Dec. 20, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), a major supplier to the hydroponic cultivation and hemp sectors, today announces its entry into the marketplace for hemp extraction and laboratory equipment, one of the fastest-growing areas of the overall hemp industry. The Company additionally announces it has begun shipments of equipment to be installed in one of the largest planned facilities in the eastern portion of the United States.
“We are very pleased to announce we have accepted the initial components from the manufacturer and these components are now in shipping containers en route to Western Kentucky to be installed at what will likely be one of the largest extraction facilities in the eastern part of the United States,” commented CEO Jimmy Chan. “We will begin booking this revenue upon delivery and installation, which is expected to begin in January.”
The ordering corporate entity, East West BioPharma Group, Inc., is in the process of building a hemp extraction and laboratory facility designed to process up to 1,000 liters of hemp distillate per day. The equipment is designed to be ultra-efficient, while still being at the lower end of the cost model on a per liter of distillate extracted basis.
Sugarmade has entered into an agreement with manufacturers located throughout China that have significant experience in designing and manufacturing equipment used to extract essential oils from plants, terpenes, especially medicinal herbs and flowers. The experience in these specific extraction technologies, which has been gained over the decades, is now being brought to bear relative to the extraction of the oils from hemp. In collaboration with Sugarmade, these Chinese companies have increased the scale of the equipment to fit the larger crop sizes associated with hemp cultivation, while maintaining the high levels of efficiency for which these manufacturers have become known throughout Asia.
Sugarmade is entering this business as part of a major business expansion outlined in its recently approved strategic plan. The plan calls for the Company to continue to supply extraction and laboratory equipment into the hemp extraction sub-sector of the marketplace. Sugarmade believes it is especially capable of success in this business segment due to its extensive experience in Asian product sourcing, its strong relationships with manufacturers and its considerable expertise in international logistics.
Mr. Chan continued, “We have been working on this new business opportunity for a considerable number of months with our staff involved in numerous aspects of not only procurement, sourcing and logistics, but also the actual design of the component part of the systems. This has allowed Sugarmade to gain strong levels of experience in this sector, which we believe can be applied to other similar contracts. We are in the process of negotiating an additional similar deal for a second Kentucky extraction facility. We believe this new business will represent a meaningful component of our growth strategy.”
Sugarmade expects additional shipments for its initial Western Kentucky customer to continue through at least the second calendar quarter of 2020. The newly designed equipment was successfully laboratory tested at the factory in China and then disassembled and packaged in containers for transpacific shipment. The first shipment has left the Chinese location and is en route with delivery expected in Western Kentucky during January 2020. The second customer for Sugarmade referenced above has ordered a similar set of extraction and laboratory equipment with the Chinese factory engaged in the final assembly processes. Sugarmade plans to make additional information available concerning this possible secondary order upon final assembly and initial shipment.
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The Company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The Company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator, operates Zenhydro.com, a leading supplier to the Online Hydroponic Market and Carryoutsupplies.com, a leader provider to the quick service restaurant industry.
$CSPS Ready to explode way above $2+ Name/Ticker_Change
$SGMD enters hemp extraction equipment business,order en route already!
https://finance.yahoo.com/news/sugarmade-enters-hemp-extraction-equipment-133010428.html
Sugarmade Enters Hemp Extraction Equipment Supply Business – Initial Customer Order En Route to Mega Hemp Extraction Facility
GlobeNewswire GlobeNewswireDecember 20, 2019
NEW YORK, Dec. 20, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Sugarmade, Inc. (SGMD) (“Sugarmade”, “SGMD”, or the “Company”), a major supplier to the hydroponic cultivation and hemp sectors, today announces its entry into the marketplace for hemp extraction and laboratory equipment, one of the fastest-growing areas of the overall hemp industry. The Company additionally announces it has begun shipments of equipment to be installed in one of the largest planned facilities in the eastern portion of the United States.
“We are very pleased to announce we have accepted the initial components from the manufacturer and these components are now in shipping containers en route to Western Kentucky to be installed at what will likely be one of the largest extraction facilities in the eastern part of the United States,” commented CEO Jimmy Chan. “We will begin booking this revenue upon delivery and installation, which is expected to begin in January.”
The ordering corporate entity, East West BioPharma Group, Inc., is in the process of building a hemp extraction and laboratory facility designed to process up to 1,000 liters of hemp distillate per day. The equipment is designed to be ultra-efficient, while still being at the lower end of the cost model on a per liter of distillate extracted basis.
Sugarmade has entered into an agreement with manufacturers located throughout China that have significant experience in designing and manufacturing equipment used to extract essential oils from plants, terpenes, especially medicinal herbs and flowers. The experience in these specific extraction technologies, which has been gained over the decades, is now being brought to bear relative to the extraction of the oils from hemp. In collaboration with Sugarmade, these Chinese companies have increased the scale of the equipment to fit the larger crop sizes associated with hemp cultivation, while maintaining the high levels of efficiency for which these manufacturers have become known throughout Asia.
Sugarmade is entering this business as part of a major business expansion outlined in its recently approved strategic plan. The plan calls for the Company to continue to supply extraction and laboratory equipment into the hemp extraction sub-sector of the marketplace. Sugarmade believes it is especially capable of success in this business segment due to its extensive experience in Asian product sourcing, its strong relationships with manufacturers and its considerable expertise in international logistics.
Mr. Chan continued, “We have been working on this new business opportunity for a considerable number of months with our staff involved in numerous aspects of not only procurement, sourcing and logistics, but also the actual design of the component part of the systems. This has allowed Sugarmade to gain strong levels of experience in this sector, which we believe can be applied to other similar contracts. We are in the process of negotiating an additional similar deal for a second Kentucky extraction facility. We believe this new business will represent a meaningful component of our growth strategy.”
Sugarmade expects additional shipments for its initial Western Kentucky customer to continue through at least the second calendar quarter of 2020. The newly designed equipment was successfully laboratory tested at the factory in China and then disassembled and packaged in containers for transpacific shipment. The first shipment has left the Chinese location and is en route with delivery expected in Western Kentucky during January 2020. The second customer for Sugarmade referenced above has ordered a similar set of extraction and laboratory equipment with the Chinese factory engaged in the final assembly processes. Sugarmade plans to make additional information available concerning this possible secondary order upon final assembly and initial shipment.
About Sugarmade, Inc.
Sugarmade, Inc. (SGMD) is a product and branding marketing company investing in operations and technologies with disruptive potential. The Company is becoming a leading supplier to the growing hemp industry and is benefitting from the growth of the hydroponic marketplace. The Company is in the process of acquiring several leading hydroponic and agricultural supply companies that are currently producing in excess of $70 million in annual revenues. Sugarmade is also an investor in fast growing Hempistry, Inc., a Kentucky-based cultivator, operates Zenhydro.com, a leading supplier to the Online Hydroponic Market and Carryoutsupplies.com, a leader provider to the quick service restaurant industry.
$MCTC chart at a low, #cannabis, news out, completed an RS a while ago, ready for a move again:
Chart: https://www.stockscores.com/chart.asp?TickerSymbol=mctc&TimeRange=180&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen
https://finance.yahoo.com/news/mctc-discusses-reorganization-plans-exotic-133010987.html
MCTC Discusses Reorganization, Plans for Exotic Cannabinoids in Exclusive Audio Interview
GlobeNewswire GlobeNewswireDecember 17, 2019
NEW YORK, Dec. 17, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – MCTC Holdings Inc. (MCTC), doing business as Cannabis Global Inc., today announces the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community.
The interview can be heard at http://nnw.fm/im3jQ.
Cannabis Global Chairman and CEO Arman Tabatabaei joined NNW’s Stuart Smith to discuss the Company’s rebranding strategy (http://nnw.fm/lE8dL) to take advantage of opportunities in the cannabis industry while avoiding overcrowded niches within the market. Led by a group of experienced cannabis and hemp entrepreneurs, Cannabis Global’s rebranding focuses on developing unique hemp-related intellectual properties, products and technologies.
“The area we are targeting is the middle part of the market, specifically the post-processing of the refined hemp and cannabis products. Our aim is to take refined products, such as isolates and distillates, and process those technologies via our enhanced product into more advanced products that can be sold through food, beverage and consumer brands. We are doing this through a science-based approach, and we have already filed five patents that are pending in these areas,” Tabatabaei explained.
Discussion then moved to the innovations within Cannabis Global’s growing patent portfolio and the Company’s plans for its “Hemp You Can Feel” brand.
“With Hemp You Can Feel, the consumer gets a relaxed feeling that in some ways mimics an alcohol beverage, but, of course, there are none of the downsides of consuming alcohol. Probably the most remarkable feat we have accomplished in the laboratory is that while the products are based on hemp extracts, the levels are so low that they are undetectable in industry tests,” said Tabatabaei, noting that the brand is just getting started and the Company plans to soon introduce new consumer products and license opportunities, where appropriate.
In 2020, the Company’s achievements in the lab will guide its research into exotic and lesser-known cannabinoids. Tabatabaei hinted at exciting areas of focus and application but stopped short of providing specific details.
“We don’t want to divulge too much about the research direction, but we’re going to be producing some delivery systems that we think will be extremely innovative. A lot of research needs to be done in these areas. We are surprised that the current body of research is limited, but we have the science to at least investigate these two exotic cannabinoids moving forward,” he concluded.
Listen to the full interview with Cannabis Global Chairman and CEO Arman Tabatabaei at http://nnw.fm/im3jQ.
About MCTC Holdings Inc.
MCTC Holdings, doing business as Cannabis Global Inc., is focused on delivering long-term shareholder growth and results. We invest with confidence and determination to be the forefront of the cannabis and CBD revolution. More information can be viewed at www.CannabisGlobalInc.com.
$MCOA chart stabilized, reversal ready, 2019 recap/2020 look-ahead news out:
Chart: https://www.stockscores.com/chart.asp?TickerSymbol=mcoa&TimeRange=90&Interval=d&Volume=1&ChartType=CandleStick&Stockscores=1&ChartWidth=1100&ChartHeight=480&LogScale=&Band=&avgType1=&movAvg1=&avgType2=&movAvg2=&Indicator1=None&Indicator2=None&Indicator3=None&Indicator4=None&endDate=&CompareWith=&entryPrice=&stopLossPrice=&candles=redgreen
https://finance.yahoo.com/news/marijuana-company-america-ceos-end-200600219.html
Marijuana Company of America CEO's Year-End Overview and Outlook for 2020
PR Newswire PR NewswireDecember 18, 2019
ESCONDIDO, Calif., Dec. 18, 2019 /PRNewswire/ -- Marijuana Company of America, Inc. ("MCOA" or the "Company") (OTCQB: MCOA), an innovative hemp and cannabis corporation, is pleased to announce the CEO's overview of the highlights of the Company's performance in 2019 and optimistic outlook for fiscal year 2020.
Marijuana Company of America (PRNewsfoto/Marijuana Company of America)
Marijuana Company of America (PRNewsfoto/Marijuana Company of America)
More
The Company is excited to announce that it is expecting to close 2019 with gross sales of approximately $650,000 compared to sales of $252,135 in 2018. This 258% increase in sales year over year is a direct result of the Company's successful marketing efforts in Europe and growth of its affiliate base in the US.
Jesus Quintero, the Company's Chief Executive and President, said, "MCOA has never been better positioned to take advantage of the numerous opportunities in the cannabis sector than it is now. We believe there is going to be a significant shakeup in the cannabis sector in 2020, and MCOA is prepared to take advantage of the numerous opportunities that will be available. We are going to be focused on streamlining our core business operations, increasing sales, and pursuing some M&A activity with distressed assets that fit our portfolio parameters. In 2020, our shareholders will notice radical change at MCOA. The Company will have an entirely different culture, new leadership, and new business models and make strategic acquisitions as we position ourselves for what we expect will be a breakout year – it's a new day at MCOA!"
The Company was also able to strengthen its margins in Q4 by reducing production costs, finding new manufactures/suppliers, and overhauling its overall product sales approach. These significant changes will be more visible and are expected to positively impact the Company's financial position in 2020. One of the most significant changes the Company is in the process of implementing is diversifying away from its focus on affiliate marketing for the distribution of both its hempSMART and Viva Buds brands. In 2020, MCOA will be introducing several new direct to consumer sales strategies that will include e-commerce, retail stores, and seasoned distribution channels, as well as launching sales programs in foreign countries that are just opening up to CBD and CBD products.
It's no secret that the entire cannabis sector experienced a significant correction during the last two quarters of 2019. This sell-off pressure and overall market correction, together with our corporate restructuring in Q4, led MCOA's market value to be undervalued in management's opinion. Consequently, the Company is committed to growing sales and implementing policies to help mitigate legacy issues related to market dilution. In 2020, under new management, the Company will actively participate in several significant industry trade shows and be actively engaged in reaching out to establish relationships with strategic partners, acquisition targets, and investors. The Company will also be implementing new marketing tactics for its products. Additionally, as part of Don Steinberg's resignation as founding CEO and President in early December, Mr. Steinberg entered a lock and leak out agreement that will limit the frequency and amount of stock he can sell.
The U.S. CBD market is saturated with competition and numerous brands. MCOA is, therefore, looking to gain significant market position by being an early entrant in emerging CBD markets in Germany, Spain, Netherlands, Latin America, Korea, Japan, and India. The Company's compliance team is reviewing the stringent standards in each of these countries to ensure that hempSMART products are compliant with local laws so that it can be one of the first established CBD brands in each of these countries.
It's exciting to see the new regulatory reform in the hemp and marijuana industry. We expect that 2020 will be a breakout year for cannabis legalization and reform. MCOA is without a doubt positioned as a leader in these industries and positioned to capitalize exponentially with any legal reform in the cannabis industry. Major League Baseball (MLB) recently changed its policy on allowing players to use cannabis products as an alternative pain management solution. This is just one of many reputable sports leagues that MCOA expects will relax its rules in 2020.
We are very excited about the improvements in our retail cannabis delivery business, Viva Buds. The Company made some changes to significantly reduce its overhead while, at the same time, increasing its sales by introducing WeedMaps in its marketing strategy.
About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name "hempSMART™" that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) joint ventures and acquisitions of business entities engaged in the growth and sale of hemp and cannabis products in jurisdictions where cultivation is legal; and (4) the expansion of its business into ancillary areas as market opportunities in this segment mature and develop.
Legal Status of Cannabis
While legalized in California for recreational and medicinal use, cannabis remains a Schedule 1 drug under the Controlled Substances Act (21 U.S.C. § 811) and illegal under the federal law.
take a look at $MCOA news -
Marijuana Company of America CEO's Year-End Overview and Outlook for 2020
https://finance.yahoo.com/news/marijuana-company-america-ceos-end-200600219.html
$MCOA $650K in sales for 2019, growth coming, news out:
https://finance.yahoo.com/news/marijuana-company-america-ceos-end-200600219.html
Marijuana Company of America CEO's Year-End Overview and Outlook for 2020
PR Newswire PR NewswireDecember 18, 2019
ESCONDIDO, Calif., Dec. 18, 2019 /PRNewswire/ -- Marijuana Company of America, Inc. ("MCOA" or the "Company") (OTCQB: MCOA), an innovative hemp and cannabis corporation, is pleased to announce the CEO's overview of the highlights of the Company's performance in 2019 and optimistic outlook for fiscal year 2020.
The Company is excited to announce that it is expecting to close 2019 with gross sales of approximately $650,000 compared to sales of $252,135 in 2018. This 258% increase in sales year over year is a direct result of the Company's successful marketing efforts in Europe and growth of its affiliate base in the US.
Jesus Quintero, the Company's Chief Executive and President, said, "MCOA has never been better positioned to take advantage of the numerous opportunities in the cannabis sector than it is now. We believe there is going to be a significant shakeup in the cannabis sector in 2020, and MCOA is prepared to take advantage of the numerous opportunities that will be available. We are going to be focused on streamlining our core business operations, increasing sales, and pursuing some M&A activity with distressed assets that fit our portfolio parameters. In 2020, our shareholders will notice radical change at MCOA. The Company will have an entirely different culture, new leadership, and new business models and make strategic acquisitions as we position ourselves for what we expect will be a breakout year – it's a new day at MCOA!"
The Company was also able to strengthen its margins in Q4 by reducing production costs, finding new manufactures/suppliers, and overhauling its overall product sales approach. These significant changes will be more visible and are expected to positively impact the Company's financial position in 2020. One of the most significant changes the Company is in the process of implementing is diversifying away from its focus on affiliate marketing for the distribution of both its hempSMART and Viva Buds brands. In 2020, MCOA will be introducing several new direct to consumer sales strategies that will include e-commerce, retail stores, and seasoned distribution channels, as well as launching sales programs in foreign countries that are just opening up to CBD and CBD products.
It's no secret that the entire cannabis sector experienced a significant correction during the last two quarters of 2019. This sell-off pressure and overall market correction, together with our corporate restructuring in Q4, led MCOA's market value to be undervalued in management's opinion. Consequently, the Company is committed to growing sales and implementing policies to help mitigate legacy issues related to market dilution. In 2020, under new management, the Company will actively participate in several significant industry trade shows and be actively engaged in reaching out to establish relationships with strategic partners, acquisition targets, and investors. The Company will also be implementing new marketing tactics for its products. Additionally, as part of Don Steinberg's resignation as founding CEO and President in early December, Mr. Steinberg entered a lock and leak out agreement that will limit the frequency and amount of stock he can sell.
The U.S. CBD market is saturated with competition and numerous brands. MCOA is, therefore, looking to gain significant market position by being an early entrant in emerging CBD markets in Germany, Spain, Netherlands, Latin America, Korea, Japan, and India. The Company's compliance team is reviewing the stringent standards in each of these countries to ensure that hempSMART products are compliant with local laws so that it can be one of the first established CBD brands in each of these countries.
It's exciting to see the new regulatory reform in the hemp and marijuana industry. We expect that 2020 will be a breakout year for cannabis legalization and reform. MCOA is without a doubt positioned as a leader in these industries and positioned to capitalize exponentially with any legal reform in the cannabis industry. Major League Baseball (MLB) recently changed its policy on allowing players to use cannabis products as an alternative pain management solution. This is just one of many reputable sports leagues that MCOA expects will relax its rules in 2020.
We are very excited about the improvements in our retail cannabis delivery business, Viva Buds. The Company made some changes to significantly reduce its overhead while, at the same time, increasing its sales by introducing WeedMaps in its marketing strategy.
About Marijuana Company of America, Inc.
MCOA is a corporation which participates in: (1) product research and development of legal hemp-based consumer products under the brand name "hempSMART™" that targets general health and well-being; (2) an affiliate marketing program to promote and sell its legal hemp-based consumer products containing CBD; (3) joint ventures and acquisitions of business entities engaged in the growth and sale of hemp and cannabis products in jurisdictions where cultivation is legal; and (4) the expansion of its business into ancillary areas as market opportunities in this segment mature and develop.
Legal Status of Cannabis
While legalized in California for recreational and medicinal use, cannabis remains a Schedule 1 drug under the Controlled Substances Act (21 U.S.C. § 811) and illegal under the federal law.
$MCOA ready to turn around again. 8k filed, removed old management:
8K: https://www.otcmarkets.com/filing/html?id=13797792&guid=ve3vUp9g9u1Ml3h
$SIRC #solarpower #cannabis $1.2M revs for Nov without including recent acquisition:
https://finance.yahoo.com/news/solar-integrated-roofing-inc-reports-103800922.html
Solar Integrated Roofing, Inc. Reports Record Revenues for the Month of November
PR Newswire PR NewswireDecember 11, 2019
POWAY, California, Dec. 11, 2019 /PRNewswire/ -- Solar Integrated Roofing Corporation (OTCPINK: SIRC), an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally, announced today that the company, despite the seasonally slow time of year, generated record revenues of approximately $1.2 million for the month of November. Adding pro forma revenue from its most recent acquisition of Milholland, the company generated more than $2.2 million in revenues. That represents an approximate 18% increase over the October numbers.
David Massey, CEO of SIRC, commented, "Despite the seasonally slow time of the year, SIRC had record revenues in November of more than $1.2 million in revenue not including approximately one million in pro forma revenue from our most recent acquisition of Milholland."
Commenting further, Massey said, "We continue to build our organization on a platform of profitability creating value for our shareholders. We anticipate receiving approval for the up listing of our shares to the OTCQB very soon."
About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit: www.solarintegratedroofingcorp.com
ECGR bid building :) gearing up again
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