Venture Market News for November 20, 2018
- Kraig Biocraft Laboratories Signs Pivotal Agreement to Import and Rear Silkworms in Vietnam
Kraig Biocraft Laboratories, Inc. (OTCQB: KBLB) (“Company”), the leading developer of spider silk based fibers, announces today that it signed a key memorandum of understanding with the Institute of Biotechnology – Vietnam Academy of Science and Technology (“IoB-VAST”) and the Vietnam Sericulture Research Centre (“VSRC”) to import and rear its transgenic silkworms in Vietnam. This pivotal agreement provides a location, skilled workers, security, and necessary oversight, for the Company to import and begin testing its first batch of recombinant spider silk silkworm eggs in Vietnam
- KushCo Holdings Appoints Christopher Tedford as Chief Financial Officer
GARDEN GROVE, Calif., Nov. 20, 2018 (GLOBE NEWSWIRE) — KushCo Holdings, Inc. (OTCQB: KSHB) (“KushCo” or the “Company”), the parent company of innovative 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 a variety of industries including the regulated cannabis and CBD industries, today announced it has appointed Christopher Tedford as the Company’s new Chief Financial Officer (“CFO”), effective November 26, 2018. Jim McCormick, the Company’s current CFO and Chief Operating Officer (“COO”) will transition exclusively into the COO position where he will focus on scaling the Company’s operational capacity to support its growth objectives.
- Freddie Mac Issues 2019 Debt Funding Calendar
MCLEAN, Va., Nov. 20, 2018 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today issued its 2019 funding calendar, which provides optional announcement dates for Reference Notes® securities and announcement and auction dates for Reference Bills® securities. The 2019 funding calendar is available on the company’s website at www.freddiemac.com/debt.
- GrowLife, Inc. Launches Affiliate Program for Its Expanding E-Commerce Platform Designed to Engage Thought Leaders and Build Revenue
GrowLife, Inc. (OTCQB: PHOT) (“GrowLife” or the “Company”), one of the nation’s most recognized indoor cultivation product and service providers, today announced that it has launched an affiliate sales program which allows those who join as members to earn commission on all referrals they make to the Company that make a purchase through both company e-commerce platforms, ShopGrowLife.com in the U.S. and GrowLifeHydro.ca in Canada. The program is designed to continue to build high-margin sales revenue through the company’s e-logistics network.
- Ahold Delhaize share buyback update
Zaandam, the Netherlands, November 20, 2018 – Ahold Delhaize has repurchased 300,000 of Ahold Delhaize common shares in the period from November 12, 2018 up to and including November 16, 2018. The shares were repurchased at an average price of €22.81 per share for a total consideration of €6.8 million. These repurchases were made as part of the €2 billion share buyback program announced on November 8, 2017.
- Analyst Anticipates Puration Inc Sales to Reach $3 Million in 2019 With Hemp-based CBD Market Growing to $1.9 Billion
DALLAS, November 20, 2018 /PRNewswire/ –Puration, Inc.(USOTC: PURA) today announced that Goldman Small Cap Research issued a research update on the Company. The report includes a ‘speculative-buy’ rating with a target price-per-share of $0.25. The report previews upcoming milestones and provides an analysis of Puration’s recent financial results and new initiatives. To view the update report, along with disclosures and disclaimers, visit http://www.GoldmanResearch.com or view the report on the company’s website at https://www.purationinc.com/goldman-3q2018-update.
- Tetra Bio-Pharma Enters into Binding Proposal with Quantum Pharma Inc.
ORLEANS, Ontario, Nov. 20, 2018 (GLOBE NEWSWIRE) — Tetra Bio-Pharma Inc. (“Tetra” or “TBP”), (TSX VENTURE: TBP) (OTCQB: TBPMF), and Quantum Pharma Inc. (“Quantum”) today announced the signing of a binding proposal (the “Proposal”) for exclusive access to a Health Canada licensed facility (i.e., Drug Establishment License; DEL) that enables the company to produce cannabis and cannabinoid drug products for Tetra’s and Panag Pharma’s development activities including the ocular drug formulations. Quantum Pharma owned by Dr. Peter Ford was the GMP manufacturing division of Ford’s Family Pharmacy and Wellness Centre. Their formulation expertise will enable Tetra to develop innovative products for future clinical trials.
- Liht Cannabis Corp. receives state approval to commence operations in its second building in North Las Vegas, Nevada
KELOWNA, BC, Nov. 20, 2018 /PRNewswire/ – Liht Cannabis Corp. (CSE: LIHT) (OTCQX: LIHTF) (FSE: 2M0) (“Liht”) or (the “Company”) is pleased to announce that further to its November 7, 2018, news release, the Company has received final approval from the State of Nevada to commence operations in the second 5,000 sq. ft. building in North Las Vegas, immediately.
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