Venture Market News for October 31, 2018
- Namaste Provides Update on UK Medical Cannabis Strategy
VANCOUVER, Oct. 31, 2018 /CNW/ – Namaste Technologies Inc. (“Namaste” or the “Company”) (TSXV: N), (FRANKFURT: M5BQ), (OTCMKTS: NXTTF) is pleased to provide an update for investors on its strategy to launch medical cannabis sales within the UK market. Namaste operates a global e-commerce platform which sells cannabis ancillary products in over 20 countries around the globe. One of the Company’s largest consumer databases lies in the UK, with over 500,000 customers. With the impending roll-out of medical cannabis in the UK market, Namaste is well positioned to leverage its database along with its telemedicine application and potential acquisition of Access Fulfilment Ltd. (“Access Fulfilment””) to enter directly into medical cannabis sales in the UK. The Company’s strategy includes medical cannabis importation, telemedicine and distribution.
- Scientus Pharma Provides Update on Buccal Cannabis Development Program
TORONTO, Oct. 31, 2018 (GLOBE NEWSWIRE) — HydRx Farms Ltd. (o/a Scientus Pharma) (“Scientus” or the “Company”), a biopharmaceutical company conducting research and product development for extracts and formulations related to medical cannabinoids and their derivatives, today provided an update on its collaboration with Generex Biotechnology Corporation (OTCQB:GNBT) (“Generex”), whereby the companies are co-developing products for the delivery of cannabinoids via the buccal mucosa (the inner lining of the mouth).
- GrowLife Reminds Shareholders That Rights Offering is Now Active and Expects It to Expire Nov. 12, 2018
GrowLife, Inc. (OTCQB: PHOT), one of the nation’s most recognized indoor cultivation product and service providers, today provided an update on its previously announced Rights Offering (the “Offering”) and reminds shareholders of important dates. Shareholders should begin seeing the Offering in their online accounts, as well as be receiving information in the mail or from their brokerage on participation in the Offering.
- Rocky Mountain High Brands Announces Summary Judgment Against LSW Holdings, LLC, Allowing Cancellation of Series A Preferred Stock
DALLAS, Oct. 31, 2018 (GLOBE NEWSWIRE) — Rocky Mountain High Brands, Inc. (OTCQB: RMHB), a fully reporting lifestyle brand management company specializing in high-quality health and wellness products, announced today that on October 26, 2018, the District Court for Dallas County, Texas (the “Court”) entered a summary judgment order in our favor of Rocky Mountain High Brands, Inc and against LSW Holdings, LLC (“LSW”) in the case entitled Rocky Mountain High Brands, Inc. f/k/a Republic of Texas Brands, Inc. v. Radcliffe, et al; Case Number DC-18-013491.
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 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