Friday, March 29, 2019

FinovateSpring 2019 to Showcase Fintech Disrupters in San Francisco

If you’re going to San Francisco, there’s no need to wear flowers in your hair, as the spring fever in fintech that is likely to grip you as FinovateSpring 2019 gets underway may be just as exhilarating. From Tuesday, May 7, to Friday, May 10, another confab in the Finovate series will showcase real-world solutions and insights from today’s fintech disrupters at the Hilton San Francisco in Union Square (http://nnw.fm/sh1UF).
Over 1,300 attendees are expected to congregate at the fintech forum. They will be addressed by a roster of 120+ speakers and treated to demos from over 60 fintech outfits racing to redraw the financial services landscape. Expect to hear how artificial intelligence is being used to help consumers lower bank fees and credit card debt and how digital technology is expanding access to funding for underserved small businesses. Speakers include current or former executives of Square, Twitter and Uber, as well as BNY Mellon, HSBC, RBC and Prudential.
Save 20 percent with discount code FKV2353NNWA.
Since inauguration in 2007, Finovate conferences have circled the globe showcasing cutting-edge banking and financial technology through a unique blend of short-form demos and key insights from thought-leaders. Finovate was founded by Jim Bruene in 1995 as a platform to disseminate news on developments in financial technology. Finovate’s subscription newsletter, Online Banking Report, now renamed Digital Banking Report, was an important voice in the early fintech sector.
Nami Baral will be on the rostrum at FinovateSpring 2019. She is the founder and CEO of Harvest Platform, a fintech startup that leverages artificial intelligence to help consumers negotiate bank fees and manage credit card debt. Prior to Harvest, Baral was the head of partner solutions at Twitter. Franziska Bell, director of data science at Uber, will be on hand, too. Bell has spearheaded initiatives in anomaly detection, forecasting platforms, computer vision and natural language/conversational AI tools. In addition, Mahima Chawla from Square Capital, the lending arm of Square, will talk about the many ways that her company is engaging with small businesses. Since its inception, Square Capital has lent over $2 billion to SMEs.
For more information, visit the event’s website at http://nnw.fm/sh1UF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Expands 7ACRES Cannabis Growing Space

  • 7ACRES cultivation facility’s increase in space set to grow production capacity by 50 percent, reaching approximately 26,250 kg
  • BMO Capital Market analysts initiated coverage of The Supreme Cannabis Company at Market Perform
  • The company is set to launch its line of premium cannabis oil products in April 2019
The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading company in the cannabis industry that’s committed to providing premium brands and products, is seeking to grow the world’s best cannabis and become a leader in the global industry. As legalization spreads around the world, the cannabis industry continues to evolve from a market once limited to illicit recreational activity into one marked by innovative products utilized for myriad purposes, including medicinal, pharmaceutical, and health and wellness applications. Investors are realizing the lucrative potential of cannabis products, and companies such as The Supreme Cannabis Company are poised to become industry leaders.
Recently BMO Capital Markets analysts Tamy Chen, CFA, and Peter Sklar, CPA, initiated coverage of The Supreme Cannabis Company at Market Perform. This included a C$2.50 per share price target, which represented a 15 percent premium to the then-current market price. Given more brand development, the analysts anticipate a potential C$3.00 share price (http://nnw.fm/v2Jy7), especially with “accelerating sales, ramping production, and strategic international acquisitions.”
The Supreme Cannabis Company anticipates reaching multiple milestones this year. As of March 2019, the company has amassed growing room space of 180,000 square feet at its 7ACRES cultivation facility. This growth will enable production capacity to increase by 50 percent, reaching approximately 26,250 kg (http://nnw.fm/TfD1t). Additionally, supply agreements are in place throughout eight Canadian provinces. As such, the company’s target goals continue to increase to match its evolving production capacity, which could potentially reach approximately 50,000 kg in the near future.
Supreme Cannabis president and founder John Fowler noted the significance of the company’s increased facility square footage. He described (http://nnw.fm/TfD1t) the expansion as “a major milestone, which represents a 50 percent increase in our estimated annual production capacity. With 18 of 25 flowering rooms at 7ACRES now approved by Health Canada, production space at our facility is near the finish line.” Noting the availability of the company’s 7ACRES brand in eight of 10 Canadian provinces, Fowler stated that he looks forward to serving “what [company leaders] believe to be the highest quality cannabis grown at scale in the country.”
In another step to increase its industry presence, The Supreme Cannabis Company recently announced an anticipated launch of its previously detailed cannabis oil products. These products are set to be released to the adult-use consumer market in select Canadian provinces beginning in April 2019. Each bottle of oil will contain the company’s proprietary blend of highly purified cannabis oils and terpenes harvested from plants grown by 7ACRES.
Supreme Cannabis CEO Navdeep Dhaliwal believes that the company’s focus on premium cannabis will deliver a superior cannabis oil experience. He added, “Our formulation will leverage super-critical CO2 technology to produce a high-quality, purified cannabis oil,” which is then re-formulated with the naturally occurring terpenes found in 7ACRES’ high-end cannabis. The resulting oil promises consumers a premium experience (http://nnw.fm/y9SnP).
For more information, visit the company’s website at www.Supreme.ca
NOTE TO INVESTORS: The latest news and updates relating to SPRWF are available in the company’s newsroom at http://nnw.fm/SPRWF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
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212.418.1217 Office
Editor@NetworkNewsWire.com

Green Hygienics Holdings Inc. (GRYN) Opens Escrow on Potential Cannabis Cultivation Ranch

  • Green Hygienics Holdings is planning to buy a San Diego-area ranch that occupies over 824 acres of flat grassland pasture
  • The company is targeting the medical and recreational-use cannabis markets in California, which combine to make up the largest legal marketplace for cannabis sales
  • GRYN anticipates that it could harvest 1,200 to 1,500 pounds of hemp per acre in two growing seasons each year
Premium cannabis cultivation company Green Hygienics Holdings Inc. (OTCQB: GRYN) announced on March 18 that it has opened escrow for the purchase of a ranch property near San Diego that will provide its growing operations with over 824 acres of flat, native grassland pasture sheltered by surrounding mountains (http://nnw.fm/sr07I).
The company is targeting the California medical and adult recreational-use markets for the plant whose growing popularity has driven changes in governmental drug-use policies on a global scale during recent years. California is the world’s largest marketplace for cannabis sales, although Canada’s nationwide full legalization of the plant last year is expected to eventually give it a boost over rivals during the next decade (http://nnw.fm/58pUx).
Green Hygienics has a long-term strategy for expanding its portfolio throughout the United States and then advancing into the global arena, growing the company in size and revenues as it builds a large cultivation and extraction center in Canada. The company’s announcement about the potential for a cultivation site in Southern California heralds a major step toward its goals.
“Given that there is the potential to harvest 1,200 to 1,500 pounds of hemp per acre, we can produce two crops per year, and the price of hemp is at an average of $50 dollars per pound, this initiative has the potential to produce significant revenues for the Company,” Vice President of Business Development Matt Dole stated in the news release announcing the planned purchase. “This will also provide a base of operations for several other equally exciting initiatives. We have been working on this property acquisition for a very long time and are excited about the possibilities it opens up for the Company.”
The Potrero Ranch property includes 294,000 square feet of outbuildings that have been constructed on a concrete slab with triple phase power, water and gas services that make the structures ideal for use as greenhouses or storage, according to the company. The main building has a large built-in cooler, as well.
The land has an abundant water supply and the soil’s pH, as well as the altitude of the property, make the site “ideal for hemp cultivation,” the news release states.
As competition in the legal cannabis space increases among publicly-backed companies, GRYN believes that the future of commercial-sized plant cultivation for both hemp and cannabis hinges on using science to control the growing environment in order to deliver premium grades of product on a consistent basis at a comparatively low price.
For more information, visit the company’s website at www.GreenHygienicsHoldings.com
NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://nnw.fm/GRYN
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive instant SMS alerts, text STOCKS to 77948
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com