Venture Breakfast Bits, by 24/7 Market News

DENVER, Colo., June 3, 2019- (24/7MarketNews via COMTEX) Venture Market News for June 3, 2019.

CleanSpark Announces Record May Equipment Sales and Shipments, and Increase in Backlog

Backlog Surpasses $6 Million, Reflecting Accelerating Demand

SALT LAKE CITY, June 3, 2019 /PRNewswire/ — CleanSpark, Inc. (OTC: CLSK), a microgrid and custom electrical equipment company with advanced engineering, software and controls for innovative distributed energy resource management systems, today announced record equipment sales and shipments for the month of May.

Full press release

Grapefruit Boulevard Investments, Inc. Shareholders Close Their Reverse Acquistion of Imaging 3, Inc (“IGNG”) and $10,000,000 Debt and Equity Financing by Auctus Fund, LLC. 

Grapefruit to Accelerate its Plan to Rapidly Grow its Cannabis and CBD Business

Burbank, CA, June 03, 2019 (GLOBE NEWSWIRE) —   (OTCQB:IGNG) Grapefruit Boulevard Investments, Inc. (‘GBI” or “Grapefruit”) a formerly privately held Los Angeles based cannabis company today announces that by virtue of the approval of the IGNG board of directors on Friday May 31, 2019, it has successfully completed its reverse acquisition (the “Acquisition”) of Imaging3, Inc. (“IGNG”) and simultaneously closed on its $10,000,000.00 debt and equity investment from Boston, MA based Auctus Fund, LLC (“Auctus”) (the “Investment”). Plans for the Acquisition were first announced in a press release made with the joint approval of IGNG and Grapefruit on March 13, 2019. Over the ensuing 81 days management of both companies in full mutual cooperation have, among other achievements, successfully negotiated the terms of the Acquisition and negotiated the terms of the Investment.  

Full press release

Acreage Holdings Announces June Conference Attendance

NEW YORK, June 03, 2019 (GLOBE NEWSWIRE) — Acreage Holdings, Inc. (“Acreage”) (CSE: ACRG.U) (OTCQX: ACRGF) (FSE: 0VZ) today announced its management will attend four institutional investor conferences in June 2019.

Full press release

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