Venture Market News for October 2, 2018
- The Green Organic Dutchman Closes Acquisition of Hempoland, Providing Immediate Accretive Revenue and International Sales
TORONTO, Oct. 2, 2018 /CNW/ – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company’s commitment to building shareholder value through international expansion.
- Organigram closes $5 Million investment in European hemp and CBD producer Eviana
MONCTON, NB, Oct. 2, 2018 /CNW/ – Organigram Holdings Inc. (TSX VENTURE: OGI) (OTCQX: OGRMF), the parent company of Organigram Inc. (the “Company” or “Organigram”), a leading licensed producer of medical marijuana, is pleased to announce that is has closed the previously-announced private placement investment in Eviana Health Corporation (“Eviana” or the “Issuer”).
- Predictive Technology Group Acquires Key DNA and Ancestry Assets
SALT LAKE CITY, Oct. 02, 2018 (GLOBE NEWSWIRE) — Predictive Technology Group, Inc. (OTC/PINK: PRED), a leader in the use of data analytics for disease identification and subsequent therapeutic intervention through unique biotechnology treatments, announces that it has acquired DNA and ancestry assets, including significant genetic data related to women’s diseases and degenerative disc disease from Taueret Laboratories, LLC
- Generation NEXT Franchise Brands Completes Q1 with a Record $11.9 Million in Aggregate Bookings for its Franchise Concept Reis & Irvy’s
The Company Completes its First Quarter of Fiscal 2019 with Bookings of 229 Unit Sales
San Diego, CA, Oct. 02, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Generation NEXT Franchise Brands (OTCQB: VEND) reports quarterly franchise bookings of $11.9 million as of September 30, 2018, before certain adjustments. Furthermore, the company has additional booking commitments of approximately $129 million. The franchise company, whose Reis & Irvy’s frozen yogurt robots launched in April of 2016, finished the quarter ended September 30, 2018 with 285 franchisees.
- MGX Minerals Announces Deployment of First Rapid Lithium Extraction System
VANCOUVER, BC / ACCESSWIRE / October 2, 2018 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG; OTCQB: MGXMF; FSE: 1MG) is pleased to report that engineering subsidiary PurLucid Treatment Solutions (“PurLucid”) is shipping the first petrolithium and advanced wastewater treatment system on Monday, October 8th. The commercial-scale 750 barrel per day (bpd) system will be delivered to a centralized treatment and processing facility north of Edmonton and proximate to the Alberta oilsands. Installation of the plant will take approximately three weeks to complete.
- Sugarmade Targets $45 Million Revenue Stream for Highly Accretive Acquisitions in Cannabis Supply Sector
MONROVIA, California, October 2, 2018 /PRNewswire/ — Sugarmade, Inc. (OTCQB: SGMD), one of the largest publicly traded hydroponics supply companies, today announces it has issued formal proposals to acquire two hydroponic cultivation supply companies within the fast growing cannabis sector. Sugarmade recently reiterated its 2019 revenue guidance of $30 million representing growth of over 700%, but should these acquisition efforts be successful, the Company would immediately boost its revenue guidance to $75 million for next year, representing one of the fastest revenue growth rates in the cannabis industry. In addition to boosting the top line growth rate, management of Sugarmade believes these acquisitions will also be highly accretive to both overall shareholder value and net income.
- Amfil Technologies Inc. Announces The Opening of The Snakes & Lattes First USA Location in Tempe, AZ and Attendance At The Largest Board Game Convention in Essen, Germany Debuting Newly Published Games
TORONTO, ON, Oct. 02, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE – Amfil Technologies Inc (OTC: AMFE), is pleased to announce that Friday October 12th will be the official opening date of Snakes & Lattes’ first US based retail location in Tempe, Arizona. Additionally, Snakes & Lattes SAS and Morning will have a presence at the Essen Spiel Messe board game convention in Germany where it will debut its newly published game titles.
- KushCo Holdings Announces Plans to Rebrand Kush Bottles Division as Kush Supply Co.
Name Change Better Reflects Full Spectrum of Offering
GARDEN GROVE, Calif., Oct. 02, 2018 (GLOBE NEWSWIRE) — KushCo Holdings, Inc. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative cannabis industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Packaging Solutions, which provide a range of services and products for the regulated cannabis, CBD and other related industries, announced today that the Company is changing the name of its Kush Bottles division to Kush Supply Co., effective October 1, 2018.
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