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Sharing Services Global Corporation (SHRG) Reports Continuing Record Revenues, Growing International Presence

  • Sharing Services Global Corporation is leveraging its products and services industry ownership and controlling interests to expand sales internationally, starting with Canada
  • The company has pioneered the “elevating” mission of its independent sales associates under the home-based entrepreneurship strategy of its Elepreneur division
  • Through Elepreneur and the company’s Elevacity wellness product line, SHRG reported ongoing record monthly sales through the end of its third quarter in January, with the latest tallies showing continued growth in March

Direct sales-focused home-based entrepreneurship company Sharing Services Global Corporation (OTCQB: SHRG) is continuing to rack up monthly revenue records as it nears the end of its first full year since launching wellness division Elevacity Global with its Elepreneur sales associate subsidiary.

The company’s third quarter report, tallying progress through the end of January 31, 2019, showed sales of $25.9 million with a gross profit of $17.59 million (http://ibn.fm/qQet4) and sales revenues of over $64 million since the company launched its products in December 2017. Sharing Services Global reported another $10.4 million in sales revenues for the month of March as it approaches the end of the final quarter (http://ibn.fm/xWpF8).

CEO John “JT” Thatch highlighted the holding company’s global expansion goals as he announced the revenues in a news release, stating, “March sales revenues are proof that our ‘Blue Ocean Strategy’ is being well accepted in the direct selling marketplace. We look forward to closing out our year-end this month, while expanding into Canada for further growth opportunities.”

The ‘Blue Ocean Strategy’ comment refers to a business theory through which companies work to establish their own market spaces where they can secure and steer revenues in the spaces’ competition-free “blue oceans.” Its corollary is the “red oceans” bloodied by businesses battling for the same bite of the consumer pie in the markets of more traditionally defined industries (http://ibn.fm/7u0Vd).

Sharing Services Global owns, operates or controls an interest in a variety of companies that either sell products directly to the consumer or offer services that respond to insurance, health and wellness, energy, technology, training, media and travel benefits needs.

The company is focusing on its international expansion strategy this year, as exemplified by its first Elepreneur independent sales associate event in Canada, scheduled to take place May 3-4 in Ottawa, Ontario (http://ibn.fm/VrCiK). The Elepreneur division notes that its largely female demographic of salespeople aligns with a Direct Sellers Association of Canada report that 82 percent of the country’s 1.3 million independent sales consultants are women.

The addition of Chief Marketing Officer Clare Holbrook to the company’s executive team earlier this year further established SHRG’s international pursuits; the direct sales industry veteran is an “international polyglot” able to communicate effectively in five languages. She has worked and lived throughout the United States, United Kingdom and the European Union, providing marketing leadership on four continents and more than 20 countries.

Elepreneur’s growth has been featured multiple times in articles by direct sales media outlets, including Business for Home, which recently advanced an interview with company CEO Robert Oblon in Networking Times (http://ibn.fm/afaPn). SHRG was originally formed to develop and market a taxi-ride sharing website and application, but began its exponential growth in February 2017 when it expanded its business model to include travel and technology management products and services. It then added its Elevate nutraceutical wellness product line through Elevacity in December 2017, followed by additional acquisitions and purchases of equity interests designed to position it as a global sales leader.

For more information, visit the company’s website at www.SHRGInc.com

NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG

ChineseInvestors.com Inc. (CIIX) Reports Impressive 81% Revenue Gain Driven by Significant Rise in Hemp, CBD Sales

  • CIIX reported $1,444,822 in revenues for the third quarter of fiscal 2019, marking an 81 percent increase from the same quarter of the previous year
  • The company’s hemp and CBD consumer product sales grew to $1,061,318 in the third quarter of fiscal 2019
  • CIIX CEO projects a “fruitful” performance in the coming year

ChineseInvestors.com Inc. (OTCQB: CIIX) reported sharp sales gains for the three months ended February 28, 2019. The quarterly gains reached 81 percent, totaling $1,444,822, as compared to $796,304 for the previous year. CIIX CEO Warren Wang attributed a large part of the impressive growth to a major increase in industrial hemp and CBD product sales during the period; sales for that segment reached $1,061,318 in the third quarter of fiscal 2019, marking a huge jump from $183,185 during the same period of the previous year (http://ibn.fm/8USk8).

That wasn’t the only good news for CIIX. Subscription revenues for the company also rose by six percent for the quarter, landing at $229,220, as compared to $214,506 in the previous year during the same period.

“This has been an extremely eventful quarter for us, demonstrated by the successful product launches and initiatives that we have taken to consolidate branding and provide ease and accessibility for our consumers,” Wang said in a news release. “Our financial performance and highlights for the quarter are a testament to the popularity and demand for our CBD and hemp products.”

Wang added that CIIX has become a “key player in the Chinese markets” and expressed confidence that the year ahead will be a “fruitful” one for the company.

CIIX is a diverse company that offers its audience of Chinese-speaking investors real-time market commentary, analysis and education-related services in Chinese language sets. During the quarter ended February 28, 2019, CIIX rebranded its consumer products line under the ‘opt’ brand and consolidated its e-commerce sites to offer a one-stop shopping experience on its website (http://ibn.fm/p8rmE). Recognizing the opportunities in the U.S. cannabis industry, CIIX is laying the groundwork to capitalize on growing demand for cannabidiol-based nutrition and health products.

For more information, visit the company’s website at www.ChineseInvestors.com

NOTE TO INVESTORS: The latest news and updates relating to CIIX are available in the company’s newsroom at  http://ibn.fm/CIIX

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) is “One to Watch”

  • Recent passage of U.S. farm bill presents extraordinary opportunity to capitalize on an estimated US$22 billion CBD wellness market
  • Consumer sentiment is changing with 92% of U.S. states legalizing some form of cannabis
  • Positive regulatory momentum in the U.S. is spreading with legalization and acceptance of cannabis spreading internationally
  • Global legal marijuana market expected to reach US$146.4 billion by end of 2025
  • Significant near-term portfolio target opportunities under evaluation in several U.S. states, Israel and the European Union

Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), dba Innovative Properties Inc., is a Canadian investment company pursuing interests in high-quality cash-flow assets in real property, securities, cryptocurrency and all branches of the cannabis sector. The company’s focus on strategic revenue generation, EBITDA and growth is enshrined in its moto, “One team. One goal,” and is reflected in its name: “Na bis,” which is defined as, “repeat performance” or “encore.”

Strategy

While the Nabis’ targets span numerous industries, the company aims to establish an Anchor Investment Portfolio primarily through the acquisition of majority interests in high quality U.S. cannabis assets and brands that have achieved cash flow. The company will then employ a hands-on approach to assist the investee in implementing standards and consistency to enhance their operations.

Criteria for investment targets are as follows:

  • Positive EBITDA, vertically integrated operators in limited license states with large addressable markets
  • Emphasis on operations that add material EBITDA within 12 months with enhanced access to capital and Nabis’ value add approach on operations and brand consistency
  • Identifying proven operators with good expertise to add value to a consolidation strategy
  • Focused on MSOs (Multi-state Operators) with strong brand traction
  • Pharma grade cultivation, extraction, dispensaries and other addressable operations

Current Endeavors

Nabis has completed investments in five Michigan properties with Cannabis provisioning, processing and cultivation licenses. The Company has also entered into binding Letters of Intent (“LOI”) to invest in vertically integrated assets in Michigan, Arizona and Washington State. The company’s goal is to be invested in four to five additional states in the coming months.

Arizona – LOI to acquire full control of Organica Patient Group Inc. (“OPG”) and RDF Management Group. OPG is a fully integrated medical marijuana business licensed under the provisions of the Arizona Medical Marijuana Act. Its assets include the Chino Valley MMJ Dispensary and fully established Patient Group, which since 2012 has operated as “Organica Patient Group” in Chino Valley. OPG also operates a 26,000-square-foot indoor cultivation and processing center along with a 56,600-square-foot greenhouse in Prescott Valley; has its own branded products and wholesale operations which includes distribution to more than 25% of the dispensaries in Arizona; and has exclusive manufacturing and licensing agreements with Fire Brand, Gas Extracts and Donuts Concentrate products distributed within Arizona.

Michigan – LOIs to invest in multiple strategically located properties that have or are eligible for municipal approvals for provisioning centers in Michigan. The company is currently evaluating 10 to 15 additional municipally approved locations in Michigan that would substantially increase the company’s overall presence in the U.S. cannabis space.

Washington State – LOI to purchase assets from PDT Technologies LLC, including extraction and production equipment and rights to lease the current production facility in Port Townsend, Wash. The LOI includes licensing rights to produce Chong’s Choice Brand CO2 Vape Cartridges, one of the leading and most recognizable brands in the cannabis space. Expansion plans include construction of a new ISO designed extraction clean room and GMP lab facility with new, highly specialized equipment with two extraction lines. The facility could produce up to 20,500 kg of cannabis concentrate on an annual basis.

Hivemind Refinery – LOI to invest in a 70% interest of Hivemind Refinery, an established line of CBD-based wellness products in the United States. The investment into Hivemind expands Nabis’ investment portfolio to CBD edibles, water, drops, lotions, and other CBD wellness products across the spectrum. Nabis anticipates Hivemind will be a premium consumer CBD line to be distributed across the U.S. and Canada and will focus on products utilizing locally grown, premium CBD along with unique formulations and delivery systems.

Bloombox – binding term sheet with Momentum Ideas Co. to acquire certain assets used and marketed under the brand “Bloombox,” a leading intelligent retail cannabis software platform that includes the Bloombox Software and data platform. The acquisition of Bloombox will create a dominating presence in the U.S. cannabis market, featuring an integrated ecosystem of modern, next-generation cannabis technology. Bloombox is one of the world’s first standards-based cannabis software systems, enabling frictionless integration with nearly any business system or regulatory body.

Proven Management Team

CEO and Director Shay Shnet has over 20 years of experience in business and was most recently a founding partner and vice president of operations of MPX Bioceutical (CSE: MPX). While at MPX, Shnet focused on the North American cannabis space and helped build the company’s portfolio of international cannabis assets. He is highly skilled in finding unique opportunities and has been directly involved with the development, branding, importing, consumer packaging and distribution of a wide variety of product lines.

President Mark Krytiuk is a very successful cannabis operator and was a founding partner of MPX. As the vice president of grow operations of MPX, he oversaw the production of medical marijuana and pharma-grade products across North America. He has been directly involved in overseeing the rapid expansion and buildout of nine facilities in three countries with budgets ranging up to $30 million. Krytiuk’s experience includes consulting and working with customers to develop individual requirements for indoor and outdoor cannabis cultivation while working with federal regulators and licensing bodies to ensure compliance.

For more information, visit the company’s website at www.NabisHoldings.com

NOTE TO INVESTORS: The latest news and updates relating to INNPF are available in the company’s newsroom at http://ibn.fm/INNPF

Technological Advances Generate Lithium Demand, Opportunities for QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ)

  • New approach could boost the energy capacity of lithium batteries
  • The lithium battery market is projected to grow to $92 billion by 2024
  • QMC Quantum Minerals is anticipating completion of its NI 43-101-compliant mineral resource report on its Irgon lithium mine project after three years of exploration

The world’s dependence on continually-advancing computer technology is driving efforts to improve the quality of the lithium-ion batteries that power the vast majority of computerized devices, especially mobile technologies ranging from pocketable cell phones to self-driving electric automobiles. Thanks to the technological boom, lithium has been an in-demand lightweight metal, with most of it being sourced from outside the United States. Researchers at the Massachusetts Institute of Technology (MIT) and in China have just announced a new way to make cathodes for lithium batteries that may ultimately improve the amount of power that the batteries supply and, in the process, continue to elevate the prospects of lithium explorers such as QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ). MIT’s researchers state that their discovery could lead to “batteries that pack a punch but are smaller and lighter than today’s versions, potentially enabling electric cars to travel further or portable electronics to run for longer without recharging,” according to ScienceDaily (http://ibn.fm/jww9O).

Their research has focused on developing a hybrid lithium battery that incorporates the best qualities of lithium cobalt oxide intercalation-type cathodes, which offer a high volumetric energy density (output), and lithium sulfur conversion-type cathodes, which deliver good gravimetric energy density. According to the report by ScienceDaily, current lithium-ion batteries can have energy densities of about 250 watt-hours per kilogram and 700 watt-hours per liter. Lithium-sulfur batteries reach even higher energy densities, with about 400 watt-hours per kilogram, but otherwise fall short, with 400 watt-hours per liter.

The initial version of the new hybrid can already reach more than 360 watt-hours per kilogram and 581 watt-hours per liter, beating both lithium-ion and lithium-sulfur batteries in their weakest metrics while approaching the levels of their strongest energy metrics. The researchers believe that they can get to 400 watt-hours per kilogram and 700 watt-hours per liter, matching the strongest metrics of each of the two cathode types as the cell is redesigned.

Regardless of that outcome, QMC notes that Research and Markets analysts are predicting a 16.2 percent CAGR, boosting the lithium-ion battery market to $92.2 billion in capitalization by 2024, with other commercial uses for spodumene maintaining additional potential markets.

QMC Quantum Minerals has been working for nearly three years to explore the lithium potential of its southern Manitoba property known as the Irgon Mine. The Irgon project is in a region long known for hosting spodumene and rare-element-bearing pegmatites. This Cat Lake-Winnipeg River rare-element pegmatite field of southeastern Manitoba also hosts the rare-element pegmatite of Cabot Corporation’s nearby Tantalum Mining Corporation of Canada (“TANCO”), which, to date, has been one of North America’s mst successful spodumene mines.

Spodumene is a lithium-bearing silicate mineral that occurs in geochemically-enriched granitic pegmatites, and QMC’s hard rock exploration has focused on the possibility of new commercial-level production at a site with a historical estimate calculated over 50 years ago to be 1.2 million tons grading 1.51 percent lithium oxide over a strike length of 365 meters (1,197.5 feet) and to a depth of 213 meters (698.8 feet). The dike is currently open in all directions. The company is in the process of bringing the historical estimate up to current NI 43-101 standards. As part of this process, the company is undertaking a diamond drilling program to confirm the historical assays and drill intersection widths of the Irgon pegmatite. All core samples will be analyzed for 56 elements, including lithium, beryllium, rubidium, cesium, tantalum and niobium, using a sodium peroxide fusion followed by an inductively coupled plasma atomic emission spectroscopy assay (ICP-AES/ICP-MS). QMC’s consultant, SGS Canada, will undertake these assays at its Lakefield, Ontario, laboratory.

Preparations are approaching the pinnacle as the company readies itself for potential commercial development of the Irgon project and awaits the completion of the NI 43-101 report.

QMC also holds 100 percent title to two volcanic massive sulphide (“VMS”) copper-, lead- and zinc-bearing properties. These are the Rocky Lake and Rocky Namew properties, which together are known as the Namew Lake District project. This project encompasses 57,000 acres and is located in northwest Manitoba in one of the world’s most productive mining regions, the Flin Flon/Snow Lake mining district (http://ibn.fm/69gg5). Required work permit applications have been submitted to government authorities for the Rocky Lake portion of the project, with a field program expected to begin after receipt of permits. The company believes that the Namew Lake District project has the potential to host several distinct VMS ore bodies and notes that the Namew Lake project remains a hugely prospective exploration target with strong future potential for QMC (http://ibn.fm/Ab1my).

For more information, visit the company’s website at www.QMCMinerals.com

NOTE TO INVESTORS: The latest news and updates relating to QMCQF are available in the company’s newsroom at http://ibn.fm/QMCQF

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Receives Sales License, Offers Access to Organic Cannabis Oils

  • TGOD recently received an oil sales license from Health Canada for its Ancaster, Ontario, facility
  • The company’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, certified-organic cannabis oils
  • TGOD’s Unite Organic Cannabis Oil, derived from a high potency, THC-dominant strain, is expected to be ready to ship in late April 2019
  • The company is targeting a potential market in Ontario and Quebec with 21.5 million residents and an estimated value of more than $2.6 billion

Cannabis company The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has reached another milestone that supports the company’s ambition of becoming the global leader in delivering premium organic cannabis solutions to enhance people’s lives. TGOD recently announced that it is now licensed to sell cannabis oils produced at its Ancaster, Ontario, facility, which previously received an oil production license in April 2018. The oil sales license and production license were both issued by Health Canada, pursuant to the Cannabis Act, according to a news release (http://ibn.fm/58yr1).

“We are pleased to offer TGOD’s medical patients access to new premium certified organic cannabis oils,” Brian Athaide, TGOD CEO, said in the release. “In addition, this step will assist TGOD in transforming our premium quality organic raw material into a variety of higher-margin cannabis products which is core to our business plan, providing us with the opportunity to bring to market innovative and novel products, including beverages and edibles, once regulations permit. Cannabis 2.0 is rapidly approaching, and we will be ready.”

TGOD’s oils will be as close to the original plant as possible, including terpene profiles to realize entourage effects. The process is easily customizable to create full-spectrum, strain-specific oils, as well as oils of varying cannabinoid and terpene concentrations. TGOD Chief Science Officer Dr. Rav Kumar noted in a release that the oil is predominantly a medical product and patients want clean, organic efficacy with safe and easy delivery.

TGOD produces farm grown, organic, pesticide-free medical cannabis using all-natural, organic craft growing principles. These products are laboratory tested to ensure that patients have access to a standardized, safe and consistent product. TGOD is licensed under the Access to Cannabis for Medical Purposes Regulations (ACMPR) to cultivate medical cannabis and has positioned itself as one of the highest quality and most cost-efficient cannabis producers in Canada by leveraging innovative technology and low-cost power solutions (http://ibn.fm/ORqip).

“Through our certified organic product and process we know we are providing patients the best possible experience,” Kumar added. In March, the first group of patients enrolled in the TGOD’s Growers’ Circle received access to purchase the company’s first certified organic cannabis strain through its newly redesigned, award-winning website (http://ibn.fm/WcaTQ).

TGOD’s state-of-the-art supercritical CO2 extraction system is capable of processing ultra-pure, environmentally friendly, organic cannabis oils that are free of toxic solvents. The company’s oil extraction facility was built to current Good Manufacturing Practices (cGMP) specifications, and work is currently underway for European Union GMP (“EU-GMP”) certification, which would allow TGOD to expand distribution of its certified organic cannabis oils beyond Canada and into global markets.

Arcview Market Research, in partnership with BDS Analytics, projects that the edibles market could be worth more than $4.1 billion in Canada and the United States by 2022 (http://ibn.fm/RNW2f). Health Canada is finetuning regulations for sales of cannabis-infused edibles, drinks, extracts and topicals, which are expected to be allowed nationwide no later than October 17, 2019.

For more information, visit the company’s website at www.TGOD.ca

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://ibn.fm/TGODF

Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) Moves to Expand Cannabis Retail Presence with Vancouver’s City Cannabis Corp.

  • Wildflower Brands’ announcement of plans to acquire City Cannabis Corp. represents the latest step in Wildflower’s international expansion
  • City Cannabis is only the company with multiple licenses in British Columbia, and the only BC-based retailer to go public
  • The proposed acquisition represents a major opportunity to gain exposure to the Canadian consumer market, as City Cannabis anticipates operating stores across Canada

The recently announced LOI  (http://ibn.fm/oq9Gy) for the acquisition of Vancouver-based licensed cannabis retailer City Cannabis Corp. by wellness brand builder Wildflower Brands Inc. (CSE: SUN) (OTCQB: WLDFF) is a major step for Wildflower. The move points to the potential of a Canada-wide retail presence with City’s own plans for retail expansion. Vancouver news outlet BIV noted that City Cannabis — termed Vancouver’s “first legal cannabis boutique” — expects to eventually operate 20 to 30 stores across the country (http://ibn.fm/9HQWj). Wildflower already sells various CBD products throughout the U.S., and this latest announcement is seen as one part of Wildflower’s ongoing strategy to build itself as an international player in the global cannabis market.

City Cannabis is a cannabis retailer holding two of the three City of Vancouver licenses to sell cannabis, and it is the only company with multiple licenses in the Province of British Columbia. It is also expected to be the only BC-based cannabis retailer to go public. In addition, the company currently has multiple cannabis retail license applications submitted in the provinces of British Columbia and Alberta.

In a news release, William MacLean, Wildflower’s CEO, commented, “City Cannabis and Wildflower are the perfect combination of premier products and a premier consumer retail experience. City Cannabis’ retail consumer data and insight will help shape development of Wildflower’s product line-up while the retail expertise of City Cannabis will aid Wildflower in its retail expansion.”

Krystian Wetulani, City Cannabis’ CEO, added, “Wildflower has a tremendous team that has developed several prominent cannabis brands and we are excited to join with them to bring their branding and marketing expertise to City Cannabis as we expand into the Canadian regulated market.”

For more information, visit the company’s website at www.WildflowerBrands.co

NOTE TO INVESTORS: The latest news and updates relating to WLDFF are available in the company’s newsroom at http://ibn.fm/WLDFF

Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) Funding Alliance Boosts Global Hemp/CBD Auction Platform

  • Redfund Capital is focusing the power of its equity financing and debt financing business incubation model toward flourishing cannabis industry startups
  • The company is labeling its recent investment in the international Cannabis Mercantile Exchange (“Cannamerx”) auction platform as “one of our most strategic growth alliances”
  • Cannamerx is gaining a growing clientele in the hemp and CBD industries, noting recently that it had clients listing 1.5 metric tons of hemp biomass for auction
  • The global hemp market is forecast to reach $5.7 billion in revenues by 2020

Enterprising Canadian finance firm Redfund Capital Corp. (CSE: LOAN) (OTC: PNNRF) (Frankfurt: O3X4) is strengthening its business incubation model through equity financing and debt financing in the emerging cannabis industries, announcing recently that it will partner with the Cannabis Mercantile Exchange (“Cannamerx”) as Cannamerx rolls out the first international global hemp and cannabidiol (CBD) auction platform.

Redfund’s focus on accelerating revenue-producing companies by helping them fund their efforts to get to the next level without giving away equity prematurely has proven a natural fit for rising businesses in the cannabis space as cannabis products gain new social and regulatory acceptance worldwide.

Redfund Capital extended funds to three cannabis companies during the year’s first quarter — RxMM Health, Mary’s Wellness Ltd. and Winterlife Inc. — and it has established a new investment in Wahupta Ventures Inc. (http://ibn.fm/qG3Ko), as well as recent funding for the Cannaki Beverage Company (http://ibn.fm/9sgy2).

The Redfund-Cannamerx alliance announced on March 20 (http://ibn.fm/6uMSa) that it will provide the fully automated business-to-business (B2B) international auction platform with funding to establish its business model and build its global footprint of clientele for wholesale cannabis and cannabis products. On the heels of the announcement, the companies reported that they had listed 1.5 metric tons of hemp biomass for auction (http://ibn.fm/u22cV) on what the companies label “the first international global Hemp/CBD auction platform” and the Midas Letter labels a “B2B eBay” for the cannabis industry (http://ibn.fm/7iDBs).

Cannamerx is drawing hemp clients in Canada, the United States and Europe and is in the process of seeking CBD labs in the United States that it can work with for trade in that country.

“The hemp revolution has begun in North America,” Redfund CEO Meris Kott stated in a news release. “We are excited to help Cannamerx create a global path for many of these companies to trade Hemp/CBD internationally and become cash flow positive at a much quicker pace, decreasing their sales and marketing expenses and removing the ‘middleman’ thereby increasing net revenues. By next fall, we are hopeful CBD edibles will be federally approved and licensed in Canada with Cannamerx’s platform providing the raw materials to licensed LPs, who need hemp.”

Kott added, “Investing in a working cannabis auction platform in the sector is a game-changer. Cannamerx has the ability to connect European buyers with Canadian licensed sellers and South American licensed producers can with a click of a mouse list their products placing reserve prices to the rest of the world. There are many technology marketing plans to connect the world but Cannamerx have already established themselves as the go-to platform. Redfund recognizes that this is one of our most strategic growth alliances.”

Kott added (http://ibn.fm/pzoaG) that the company’s strategy is to develop a portfolio of 20 companies with $75 million in loans to businesses that have “commonalities of revenues, brand awareness, and a keen interest to go global with their products.” This includes a drive to diversify Redfund’s investments in Canada and other countries, building an international footprint with established companies and introducing companies to Canada as a viable location for public listings.

Redfund cites a New Frontier Data market forecast predicting that the global hemp market will reach $5.7 billion in revenues by 2020, attributing the growth mostly to Chinese textiles, European industrials, Canadian foods and the hemp-derived CBD product market in the United States. Drug store outlets Walgreens Boots Alliance Inc. (NASDAQ: WBA) and CVS Health Corp. (NYSE: CVS) exemplify the market expectations, announcing during the final week of the quarter that they will begin offering CBD products in select states (http://ibn.fm/fAW25).

For more information, visit the company’s website at www.RedfundCapital.com

NOTE TO INVESTORS: The latest news and updates relating to PNNRF are available in the company’s newsroom at http://ibn.fm/PNNRF

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8) Provides Energy-Efficiency Solutions, Technologies in Burgeoning Cannabis Sector

  • Kontrol Energy Corp. grew its revenue run rate from $1.8 million to $16 million over the past two years
  • The company has a foothold in various industries, promising energy-efficiency solutions to help customers achieve green goals
  • Kontrol has secured contracts to provide services to licensed producers in the Canadian cannabis sector
  • The company recently announced the upcoming release of its 2018 financial results

Kontrol Energy Corp. (CSE: KNR) (OTCQB: KNRLF) (FSE: 1K8), a leader in the energy-efficiency sector, is working to reshape the way consumers use, manage and strategically allocate resources. The company has taken root in myriad industries and promises to help customers realize their energy-efficiency goals.

Through Kontrol’s innovative solutions, customers can leverage more control over their energy consumption as they see immediate and real-time energy savings. Currently, the Kontrol Energy group of companies saves its customers more than 40 million kilowatt hours of electricity annually while also helping to reduce greenhouse gas emissions (http://ibn.fm/SF7Ns).

Kontrol has seen incredible growth in its revenue run rate over the past two years, growing from $1.8 million to $16 million. This growth is due in large part to the company’s dedicated focus on a strong acquisitions strategy and concentrated effort to foster organic growth. Additionally, the company’s presence in multiple industries has allowed it to diversify efforts. These industries include commercial buildings, multi-residential buildings, commercial cannabis, utilities, manufacturing and education.

As Kontrol offers its integrated energy-efficiency solutions and technologies to the thriving cannabis industry, it continues to seek new ways to deepen its reach. To date, Kontrol has secured two contracts to provide energy-efficiency services to licensed producers in the Canadian cannabis sector. The Canadian medicinal marijuana industry alone was valued at C$400 million in 2017, and Canadian bank CIBC expects this figure to grow to C$6.8 billion by 2020 in the wake of Canada’s full legalization (http://ibn.fm/eHZBx). Kontrol’s leadership team realizes the revenue potential of the cannabis industry, as it is an industry fully dependent on large amounts of low-cost energy to be successful.

Kontrol has much to offer licensed producers (“LPs”) in this regard. Its energy solutions and technologies provide real-time energy monitoring, allowing LPs (http://ibn.fm/X9rVQ) to “reduce waste and increase system reliabilities” by detecting “inefficiencies and areas of improvement,” thus ensuring higher yields and more lucrative crop harvests. Additionally, Kontrol’s technologies “identify high return energy retrofits and distributed generation upgrades,” helping companies improve their energy consumption. Lastly, the company helps customers “comply with energy and water disclosure laws” by providing “customized granular energy data and historical reports.” Kontrol’s menu of energy-analytics solutions and technologies enable customers to meet their energy efficiency goals while also obtaining air quality and emission compliance.

The company recently announced that it will release its fiscal 2018 financial results for the year ended December 31, 2018, on Tuesday, April 30 (http://ibn.fm/PoG05).

For more information, visit the company’s website at www.KontrolEnergy.com

NOTE TO INVESTORS: The latest news and updates relating to KNRLF are available in the company’s newsroom at http://ibn.fm/KNRLF

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) Set to Capitalize in Cannabis Sector with Proprietary Water-Soluble CBD Formula

  • The cannabis beverage market is estimated to exceed $4 billion by 2022
  • Sproutly is focused on becoming the leading supplier of water-soluble cannabis solutions and bio-natural oils to the emerging beverage and consumables market
  • Company has exclusive rights to Infusion Biosciences’ APP technology in Canada, Australia, Israel, Jamaica and the European Union

Sproutly Canada Inc. (OTCQB: SRUTF) (CSE: SPR) (FRA: 38G) foresees a lucrative vertical emerging in the cannabis sector as the cannabinoid-infused beverages and edibles space continues to grow in popularity with consumers. A report from cannabis market research firm ArcView Research and BDS Analytics projects rapid growth in this arena, with sales of cannabis-derived edibles, which include beverages, expected to surpass $4 billion in the U.S. and Canada by 2022 (http://ibn.fm/JwVxI).

Sproutly’s wholly owned subsidiary, Toronto Herbal Remedies Inc. (“THR”), is already a licensed producer under Canada’s Cannabis Act, and it was recently granted a processing license from Health Canada that allows THR to produce cannabis oil and related products (http://ibn.fm/9QeUM). Research and development efforts at Sproutly include a scientifically groundbreaking formulation for clear cannabis beverages fortified with water-soluble cannabinoids and terpenes.

Dr. Arup Sen, chief science officer of Sproutly, said in a news release that the company utilizes the proprietary Aqueous Phytorecovery Process (APP) technological platform, developed by portfolio company Infusion Biosciences Inc., to extract water-soluble forms of cannabinoids for inclusion in beverages and edibles. This patent-pending technology, a plant-to-product process that recovers oil-based cannabinoids, in addition to water soluble phytochemicals, can also be used in pharmaceutical drug development efforts (http://ibn.fm/B6SCT).

“We have completed a substantial amount of formulation work to date with our proprietary, naturally produced, water-soluble cannabinoids, which we have named Infuz2O,” Sen said in the release, adding that THR’s processing license is a major milestone in the company’s bid to commercialize its line of cannabis beverages and edibles. “In addition to the anticipated launch of our cannabis beverages utilizing Infuz2O, we are equally excited about commercializing products containing our Bio Natural Oils, which provide substantially different characteristics than other oil-based products on the market today.”

Bio Natural Oils deliver the full-spectrum of cannabinoids and terpenes of the strain from which they are made, thus empowering consumers to enjoy the experience of their strains of choice in an edible form. Cannabis edibles are quickly becoming a popular option for cannabis consumers, and they even broke into a list of the top 10 food trends of 2018, moving into the eighth position, according to the Specialty Food Association (http://ibn.fm/JSn5f).

The application of water-soluble cannabis infusions has potential to be widespread in both medicinal and recreational cannabis sectors, giving Sproutly a distinctive edge in a market with untapped potential. Since Sproutly owns the exclusive rights to APP technology in Canada, Australia, Jamaica, Israel and the entire European Union, the company is looking at significant international expansion opportunities.

For more information, visit the company’s website at www.Sproutly.ca

NOTE TO INVESTORS: The latest news and updates relating to SRUTF are available in the company’s newsroom at http://ibn.fm/SRUTF

Global Consortium Inc. (GCGX) Says Uplisting Process is Underway, Receives Annual Cannabis Manufacturing License

  • During an investor conference call, GCGX’s CEO noted that the company’s ultimate goal is to be listed and traded on the Nasdaq
  • California has issued an annual license for adult and medicinal cannabis manufacturing to Global Consortium Group LLC
  • CEO Dwyer added that GCGX subsidiary Infused Edibles is expected to see its production operations relocated to Sacramento, California, by the end of Q2

Global Consortium Inc. (OTC: GCGX) CEO Matthew Dwyer said during an investor conference call (http://ibn.fm/japym) that the company has already started its uplisting process by consolidating financials for its audit team. Following that, the company plans to begin the registration process to become listed and ultimately traded on a major stock exchange.

“Our goal is to go on Nasdaq and trade on that exchange,” Dwyer said during the call. He referred to the strategy of various companies in the cannabis space that were first listed on the Canadian Stock Exchange in Canada before trading on the Nasdaq in the United States.

Headquartered in Florida, GCGX is a diversified cannabis holding company that has a portfolio of companies related to cannabis, including Infused Edibles and Indulge Oils.

Dwyer also discussed the required California annual state license for manufacturing cannabis. After the call, the company tweeted that it had been granted an annual license for adult and medicinal cannabis manufacturing through April 9, 2020, by the state of California. The tweet included an image of the actual manufacturing license.

During the call, Dwyer also explained that the production operations of subsidiary Infused Edibles will be relocated to Sacramento, California. The move, he said, will take place by the end of Q2. Infused Edibles markets an infused menu that includes tinctures, gummies and cannabidiol. It also offers several products that require the addition of water, such as brownie and chocolate chip cookie mixes (www.InfusedEdibles.org).

Additionally, Dwyer provided insight on the location of the cannabis mall that the company is planning. The 64,000-square-foot unit will provide manufacturing, distribution, retail, testing and cultivation facilities, all under one roof. Dwyer noted that the cannabis mall will be located in Sacramento, California.

For more information, visit the company’s website at www.GCGX.org

NOTE TO INVESTORS: The latest news and updates relating to GCGX are available in the company’s newsroom at http://ibn.fm/GCGX

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Beeline Holdings Inc. (NASDAQ: BLNE) Reaches Cash-Flow Milestone as Growth Strategy Gains Traction

November 21, 2025

Beeline Holdings (NASDAQ: BLNE),  a fast-growing digital mortgage platform redefining the path to homeownership, entered November with a key milestone behind it: its lending entity generated cash-flow positivity in October, a development that the company says reflects improving efficiency and rising adoption of its digital mortgage platform. The achievement, disclosed in a corporate update on […]

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