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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.

Full press release

  • 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).

Full press release

  • 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.

Full press release

  • 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.

Full press release

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