Venture Breakfast Bits, by 24/7 Market News

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.

Full press release

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“).

Full press release

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.

Full press release

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.

Full press release

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.

Full press release

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.

Full press release

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 OTCQX® Best Market. KushCo Holdings, Inc. upgraded to OTCQX from the OTCQB® Venture Market.

Full press release

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.

Full press release

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