DENVER, Colo., May 30, 2019- (24/7MarketNews via COMTEX) Venture Market News for May 30, 2019.
Spider Silk Production Breakthrough from Kraig Biocraft Laboratories
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today the creation of the next generation of recombinant spider silk using the Company’s new design, gene editing, and incorporation approaches. Kraig Labs designed this approach to customize mechanical properties for specific commercial markets and has demonstrated the ability to more quickly, accurately, and efficiently, generate new transgenics.
The Green Organic Dutchman Announces Distribution of SpinCo Unit Warrants to Electing Shareholders
TORONTO, May 30, 2019 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (TSX:TGOD) (US:TGODF) is pleased to announce, further to its news release of February 6, 2019, that it will effect on June 3, 2019 (the "Distribution Date") the distribution of unit purchase warrants ("SpinCo Unit Warrants") of TGOD Acquisition Corp. ("SpinCo") to all registered TGOD shareholders of record as of January 31, 2019 (the "Distribution Record Date") who elected to receive the SpinCo Unit Warrants (the "Distribution") under its previously announced plan of arrangement with SpinCo (the "Arrangement").
Cannabis Strategic Ventures Announces Operational State of NUGS Farm North and Guides on Potential Revenue
LOS ANGELES, May 30, 2019 (GLOBE NEWSWIRE) -- via NetworkWire -- Los Angeles-based Cannabis Strategic Ventures Inc. (OTC: NUGS) today introduces the strategic direction of its wholly owned and operated flagship farm, NUGS Farm North, located in Northern California. The fully operational, six-acre marijuana cultivation operation is expected to reach complete capacity by the fall of 2019, and will position Cannabis Strategic Ventures as one of the largest cultivators in terms of volume in the state of California.
Australis Capital Inc. Exercises Warrants in Body and Mind Inc. for Gross Proceeds of CAD $6.39 Million
Body and Mind Repays Outstanding $4M USD Senior Note due to Australis Capital in Full
VANCOUVER, May 30, 2019 /PRNewswire/ - Body and Mind Inc. (CSE: BAMM, OTC Pink: BMMJ) (the "Company" or "BaM"), a multi-state operator, and Australis Capital Inc. (CSE: AUSA, OTCQB: AUSAF) ("Australis") are pleased to announce that Australis exercised 12,793,840 common share purchase warrants of the Company (the "Warrants") at an exercise price of CAD $0.50 for gross proceeds (the "Warrant Proceeds") of CAD $6,396,920. Upon exercise, Australis received 12,793,840 common shares (the "Warrant Shares") of the Company. The Warrants were issued to Australis pursuant to an investment agreement entered into between the Company and Australis dated October 30, 2018.
Curaleaf Completes Acquisition of Emerald Dispensary
WAKEFIELD, Mass., May 30, 2019 /PRNewswire/ -- Curaleaf Holdings, Inc. (CSE: CURA /OTCQX: CURLF), a leading vertically integrated cannabis operator in the United States, today announced that it completed the acquisition of the Emerald dispensary in Gilbert, Arizona, whose license is held by Absolute Healthcare, Inc., an Arizona non-profit corporation. The signing was announced earlier on May 21, 2019 and the transaction was closed on May 29, 2019. The dispensary is expected to be rebranded as Curaleaf over the next month.
MJardin Group Announces First Quarter 2019 Financial Results and Conference Call
DENVER and TORONTO, May 30, 2019 (GLOBE NEWSWIRE) -- MJardin Group, Inc. (“MJardin” or “the Company”) (CSE: MJAR) (OTCQX: MJARF), a leader in premium cannabis production, today announced its financial and operating results for the quarter ending March 31, 2019. All amounts are expressed in Canadian dollars unless otherwise indicated.
OTC Markets Group Welcomes KushCo Holdings, Inc. to OTCQX
NEW YORK, NY / ACCESSWIRE / May 30, 2019 / OTC Markets Group Inc. (OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced KushCo Holdings, Inc. (OTCQX: KSHB) has qualified to trade on the OTCQXÂ® Best Market. KushCo Holdings, Inc. upgraded to OTCQX from the OTCQBÂ® Venture Market.
Patriot One Welcomes Victoria Calvert as New Independent Director
TORONTO, May 30, 2019 (GLOBE NEWSWIRE) -- Patriot One Technologies Inc. (TSX: PAT) (OTCQX: PTOTF) (FRANKFURT: 0PL) (“Patriot One Technologies” or the “Company”), developer of the PATSCAN™ multi-sensor covert threat detection platform, welcomes Victoria A. Calvert, Professor Emeritus of Entrepreneurship and International Business at the Bissett School of Business at Mount Royal University, to Patriot One Technologies' Board of Directors effective May 29, 2019.
Connect with 24/7 Market News on social media:
About 24/7 Market News
As a pioneer in digital financial market media, 24/7 Market News (24/7MN) is dedicated to the swift distribution of financial market news and information. 24/7 MN provides comprehensive corporate communications resources and tools to engage the investment community.
24/7 Market News (24/7MN) is a third party publisher and news dissemination service provider that produces regular sponsored and non-sponsored reports, articles, stock market blogs, and newsletters covering equities listed on the NYSE, NASDAQ and micro-cap exchanges. 24/7MN holds no investment licenses and is NOT a financial advisory firm, investment adviser, analyst, or broker-dealer and does not undertake any activities that would require such registration. 24/7MN's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.
The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and based on publicly available information which is believed to be reliable. 24/7MN owns shares KBLB shares that it will sell at some point. 24/7MN makes no representations as to the completeness, accuracy, or timeliness of the material provided and all materials are subject to change without notice. 24/7MN and/or its affiliates are not responsible for any gains or losses that result from the opinions expressed and are not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.
For further information on 24/7 Market News, please go to www.247marketnews.com
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan," or "planned," "will," or "should," "expected," "anticipates," "draft," "eventually," or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and 24/7MN undertakes no obligation to update such statements
24/7 Market News