DENVER, Colo., May 20, 2019- (24/7MarketNews via COMTEX) Venture Market News for May 20, 2019.
Kraig Biocraft Laboratories Takes Possession of Factory in Vietnam
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that its subsidiary Prodigy Textiles has taken possession of its factory in Vietnam. The Company is now retrofitting the nearly 50,000 square foot facility to produce its game changing recombinant spider silk materials. Remodeling efforts are expected to be minimal and completed quickly. This facility was selected based on its optimal layout and existing infrastructure.
Organigram to invest $15 million in industry-leading infused chocolate innovation
Company positioning itself to compete within expected largest cannabis edibles segment
MONCTON, NB, May 20, 2019 /CNW/ – Anticipating the legalization of adult-use cannabis edibles, and ready to demonstrate a leadership position in the edibles market, Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of cannabis, is pleased to announce a $15 million investment commitment in a high-speed, high-capacity, fully-automated production line with ability to produce an estimated 4 million kilograms of exceptional chocolate cannabis edibles per year. Organigram expects to take delivery of the line in the fall.
CURE Pharmaceutical Expands Leadership Team with Key New Hires
OXNARD, Calif., May 20, 2019 (GLOBE NEWSWIRE) — CURE Pharmaceutical (OTC: CURR), an innovative drug delivery and development company, today announced the addition of four key hires to their growing leadership team. Michael Redard will serve as CURE’s Chief Financial Officer. Josh Held becomes an independent new board member, Bhaumik Patel is CURE’s director of new technologies and Teresa Virgallito will be a scientific advisor. Patel, Virgallito and Held join CURE as a result of its recent acquisition of Chemistry Holdings Inc., a formulation technology company, in an all-stock transaction.
Wall Street Journal Spotlights Nightfood Ice Cream and the Birth of the Sleep-Friendly Nutrition Category
Sleep-expert formulated Nightfood® ice cream is pioneering a new category of better-for-you snacking
Tarrytown, NY, May 20, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nightfood, Inc. (OTCQB: NGTF), the innovative ice cream company solving America’s $50 billion-dollar nighttime snacking problem, was prominently featured in a Wall Street Journal article about the birth of the potentially massive nighttime specific food and beverage category.
Advantego Corporation and InnerScope Hearing Techologies Expand Partnership Agreement
Advantego Corporation (OTCQB: ADGO) and InnerScope plan to distribute headphones and other assistive listening devices with personalized hearing profiles for the hearing impaired through InnerScope’s vendor agreements with Walmart.com, Sears.com and Kmart.com
DENVER, CO, May 20, 2019 (GLOBE NEWSWIRE) — Advantego Corporation (OTCQB: ADGO) today announced the expansion of an existing Strategic Partnership Agreement and Distribution Agreement with InnerScope Hearing Technologies (OTCQB: INND) of Roseville, CA.
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