NetworkNewsWire Newsroom: May 2019

Friday, May 31, 2019

CFO of ChineseInvestors.com Inc.’s (CIIX) Foreign Enterprise to Present at LD Micro Invitational

The CFO of CIIX’s CBD Biotechnology Co. Ltd. is scheduled to speak at the microcap conference
The company official is expected to share exciting new developments related to its hemp product line with current and prospective investors
The company anticipates exciting opportunities for business growth in the coming months

ChineseInvestors.com Inc. (OTCQB: CIIX) will be an official presenter at the 9th Annual LD Micro Invitational to be held June 4-5 at the Luxe Sunset Boulevard Hotel in Bel-Air, California. Alex Hamilton, chief financial officer of CIIX’s wholly owned foreign enterprise, CBD Biotechnology Co. Ltd., will present a corporate overview at 2:20 p.m. PT on the opening day of the conference.

Hamilton will discuss recent business highlights with regard to the Chinese industrial hemp/CBD business. He will also be available for one-on-one meetings with investors during the conference.

“This conference is a great venue for emerging and rapid-growth companies,” Hamilton said in a news release (http://nnw.fm/2NvSx). “We are very much looking forward to sharing our exciting new developments of our hemp product line with current and prospective investors. We believe there will be some exciting opportunities for our business and growth expansions for our product lines in the coming months, which makes this an exciting time to be out sharing our corporate vision.”

The LD Micro Invitational conference began in 2006 with the purpose of being an independent resource in the microcap space. The June Invitational is scheduled to have 250 corporate participants and is expected to attract more than 1,000 attendees.

CIIX is a diverse company that offers its audience of Chinese-speaking investors real-time market commentary, analysis and education-related services in Chinese character language sets.

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://nnw.fm/CIIX

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Spectrum Global Solutions Inc. (SGSI) Provides Full Suite of Telecom Services, Well Positioned for 5G Rollout

SGSI is a leading provider of telecommunications engineering and infrastructure services and solutions
The company is ready to meet the growing demand for 5G infrastructure
SGSI recently announced multimillion-dollar revenue with positive income

Spectrum Global Solutions Inc. (OTCQB: SGSI) is a foremost provider of comprehensive outsourced services and solutions for the deployment and maintenance of next-generation and legacy wireless and wireline telecommunication networks and infrastructure. The company has successfully executed on projects across the United States and globally. Based in Longwood, Florida, Spectrum is professionally registered in 49 states, three U.S. territories (Puerto Rico, the Unites States Virgin Islands and Guam) and six Canadian provinces in support of its clients (http://nnw.fm/XzD02).

The company provides services directly to carriers, aggregators, utilities, enterprise operations, project management organizations (PMOs) and original equipment manufacturer (OEM) clientele via diverse subsidiaries. These subsidiaries include AW Solutions Inc. and AW Solutions Puerto Rico LLC; ADEX Corporation and ADEX Puerto Rico LLC; Tropical Communications Inc.; and TNS Inc.

AW Solutions provides telecommunications and engineering services, along with cost-effective, scalable and strong solutions for organizations’ technology deployments (http://nnw.fm/Yk4Eh). ADEX Corporation provides turnkey services and project staffing solutions solely to the telecommunications industry. ADEX provides infrastructure services globally through domestic and international locations (http://nnw.fm/Qef9b).

Subsidiary Tropical Communications is a state-licensed electrical and underground utility contractor headquartered in Miami, Florida. It provides all kinds of communications and infrastructure facility structured wiring services and solutions (http://nnw.fm/6Rngy). The TNS Inc. subsidiary specializes in the design, installation and maintenance of structured cabling systems using Tier 1 products (Mohawk, Hubbell, Berk-Tek, Ortronics and more). TNS’s Tier 1 testing equipment (Fluke DSX 1800) is used to test and certify every one of its installations (http://nnw.fm/XWc83).

Spectrum Global Solutions’ services range in scope from a single activity to multiyear, multi-region large-scale turnkey development contracts. The company uses licensed professional engineers, project managers, technicians and general contractors. Through these experts, Spectrum has completed more than 150,000 project activities on wireless, DAS (Distributed Antenna System), wireline and fiber networks throughout the United States.

Spectrum is one of the few engineering and installation firms able to provide all services and bundle products for telcos. The company is focusing on its 5G networks rollout this year and is well-positioned to meet the increasing demand for 5G. The expectation is that the 5G rollout will create three million U.S. jobs and drive more than $500 billion in U.S. GDP growth (http://nnw.fm/OOJ2n). Spectrum Global Solutions is among the few elite full-service engineering, construction, installation, maintenance and professional services organizations for these next-generation telecommunications networks.

Recently, Spectrum announced that it received new contract awards worth over $3.7 million to support carrier-network upgrades (http://nnw.fm/pbXh7). The company also recently reported financial results for the fiscal period ended March 31, 2019, with revenue of $11,335,732 for Q1 2019 versus $4,327,764 from Q1 2018 (http://nnw.fm/YidT5).

“Revenue was just over $11.3 million, which reflects consistent growth in our AW Solutions, ADEX and TNS subsidiaries,” Spectrum CEO and President Roger Ponder stated in a news release. “We also reported positive income from operations for the period. This is Spectrum’s first quarter with positive income from operations, which demonstrates continued improvements in the business.”

Spectrum Global Solutions offers a compelling investment opportunity with its ability to provide a full slate of telecommunications and enterprise services. The company has embedded customer relationships that foster repeat customers at minimal customer acquisition costs, and it continues to be a proven operator in the high-growth telecom market.

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

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

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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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Earth Science Tech Inc.’s (ETST) White-Label Initiative Designed to Gain Market Share

The company is now able to fulfill inquiries about white labeling its full-spectrum cannabinoids line
ETST has added markets for CBD products through two distribution agreements
The company continues to eye product placement in large chain and health food stores, dispensaries, chiropractor offices, athletic clubs and clinics

Earth Science Tech Inc. (OTCQB: ETST), a biotech company focused on the nutraceutical and pharmaceutical fields, is seeking to gain more market share through its white-label initiative that offers marketers the ability to rebrand its full-spectrum cannabinoids line (http://nnw.fm/ydBZ4).

“I’m excited to share that our sales have consistently increased over 100% every month,” ETST Chairman Nickolas S. Tabraue stated in a news release. “We have also received countless white-labeling inquiries, and thanks to our reliable source and manufacturer, we are now able to fulfill these inquiries and capture even more market share.”

White labeling enables a company to benefit from the branding and distribution channels of other brands (http://nnw.fm/J1r2T) and is a strategy designed to create more loyalty and insular protection for ETST in the competitive cannabis market. ETST has collaborated with its manufacturing partner to launch the white labeling initiative (http://nnw.fm/9xGl9).

This program is expected to help ETST gain market share at a time when the company is also broadening its target markets to include larger chain and health food stores, pharmacies, dispensaries, chiropractor offices, athletic clubs and clinics. ETST has signed agreements with Desert Sun Distribution and Cannabiz to distribute to health care practitioners and pharmacies.

Based in Doral, Florida, ETST offers cannabinoids in the form of softgels, tablets, liquids and other options classified as food-based and permissible in all 50 states in the United States and some 40 countries globally.

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

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

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MariMed Inc. (MRMD) Reports 69% Jump in Q1 2019 Revenues, Adopts Growth Strategy

MRMD improved its adjusted EBITDA in Q1 2019 by 76 percent
The company’s multipronged strategy for growth includes continued consolidation of cannabis operations and the launch of a subsidiary
MariMed CEO identified the company as a “significant early mover” in the burgeoning CBD health and wellness market

MariMed Inc. (OTCQB: MRMD) recorded a 69 percent jump in revenues to $3,515,815 for the three months ended March 31, 2019, as compared to $2,082,950 for the comparable period of the prior year. The company’s gross profit for the quarter rose 90 percent, to $2,261,025, from $1,194,081 for the same period in 2018. MRMD is actively pursuing additional growth as it moves to expand brand licensing and open more cannabis facilities in several states (http://nnw.fm/T9Tz2).

MRMD’s adjusted EBITDA increased 76 percent to $585,000 in Q1 2019, up from $332,000 in the comparable period of the prior year. Reported net loss for the same quarter was $23,211, marking a 99 percent improvement from the $1,895,142 loss reported in the same period of 2018.

MariMed has adopted a multipronged strategy for growth in 2019. That strategy includes continuing consolidation of operations, which is expected to be completed over the next several months, and the launch of MariMed Hemp Inc., a wholly owned subsidiary in the hemp-based CBD market for health and wellness products. Marimed is developing new CBD brands and products that will be distributed to retailers and reps of health and medical businesses.

“We continue to see dynamic growth in our cannabis operations, even as we have become a significant early mover in the burgeoning CBD health and wellness market,” MRMD CEO Bob Fireman stated in a news release (http://nnw.fm/T9Tz2). “We are encouraged by our continued strong operating performance, and look forward to realizing the benefits of investments and initiatives undertaken over the last two quarters, which includes the ongoing consolidation of cannabis operations, the opening of additional cannabis facilities in several states, expanding the licensing of our brands and products into additional licensed states, and our multipronged entry into the CBD market.”

MRMD offers a full range of cannabis products, operates dispensaries in six states and is focused on the development of MariMed Hemp. MariMed Hemp owns a significant share of Kentucky-based GenCanna Global Inc., an industrial hemp genetic innovator. MRMD recently converted debt investment (debentures) in GenCanna Global into a significant equity position in that company, which is a leader in vertically integrated hemp cultivation and a producer of Good Manufacturing Practices-compliant CBD products.

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

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Endonovo Therapeutics Inc. (ENDV) to Distribute Non-Invasive, Wearable Therapeutic Devices to Nation’s Veteran Health Care Facilities

Endonovo’s flagship product, SofPulse, is an easy-to-place, non-invasive device delivering pulsed electromagnetic frequencies to enhance post-surgical recovery
The company’s agreement with Veterans Healthcare Supply Solutions Inc. includes distribution of SofPulse to Veterans Administration facilities and Department of Defense health care facilities
Treatment with SofPulse allows patients to better manage post-operative pain without the adverse side effects of narcotics and anti-inflammatory medications
Endonovo holds patents and trademarks for several proprietary technologies and devices

Endonovo Therapeutics Inc. (OTCQB: ENDV) is a commercial stage developer of non-invasive medical devices designed to deliver proprietary, patent protected Electroceutical Therapy for the treatment of inflammatory conditions, cardiovascular diseases and central nervous system disorders. As an innovative biotechnology company, Endonovo is harnessing bioelectricity to restore key electrochemical processes that initiate the anti-inflammatory and growth factor cascades necessary for healing to occur.

The long-term agreement recently signed with Veterans Healthcare Supply Solutions Inc. (“VHSS”) to directly distribute SofPulse devices to Veterans Administration facilities and Department of Defense health care facilities extends beyond traditional distribution methods, Endonovo CEO Alan Collier said in a news release (http://nnw.fm/0nEHv).

“The team at VHSS have streamlined and improved the sales, marketing and distribution of medical devices to VA and DoD facilities. VHSS is a true leader in the space and we are thrilled to have the capacity to support their mission,” Collier stated in a news release. “This agreement, which includes direct delivery to all medical facilities, extends beyond traditional distribution and includes access to their 900 Federal Contract Officers as well as their distribution center with a state-of-the-art ERP and WMS Systems.”

Endonovo’s flagship product, SofPulse, is an easy-to-place, non-invasive device delivering pulsed electromagnetic frequencies to enhance post-surgical recovery, and it can be used as a standalone therapy or integrated into any treatment protocol. SofPulse uses targeted microcurrents to transmit gentle pulses to the tissue to help reduce swelling and speed up the natural recovery process.

“VHSS is excited to partner with Endonovo, as our primary goal is providing leading edge products and services to eligible federal government health care constituents,” added Gary Skura, VHSS president and retired Navy pilot with over 30 years of health care distribution experience. “Our new partnership with Endonovo will certainly allow us to further continue our core objectives.”

Endonovo’s Electroceutical Therapy is cleared by the U.S. Federal Drug Administration (FDA) for the palliative treatment of post-surgical pain and edema (swelling) and is CE-marked in the European Economic Area (EEA) for the promotion of wound healing and the palliative treatment of post-surgical pain and edema. The Centers for Medicare and Medicaid Services (CMS) also has national coverage determination for the reimbursement of Electroceutical Therapy for the treatment of chronic wounds.

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

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

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Thursday, May 30, 2019

NCIA Cannabis Business Summit & Expo 2019 Offers Unique Opportunity to Intermingle with Industry Innovators and Influencers

With its 6th Annual Cannabis Business Summit & Expo, the National Cannabis Industry Association (NCIA), the largest cannabis trade association in the U.S. and the only organization broadly representing state-sanctioned cannabis-related businesses at the federal level, is once again offering a unique opportunity to intermingle with industry innovators and influencers. Set to run from Monday, July 22, to Wednesday, July 24, at the San Jose Convention Center, the event will feature presentations by 150+ influential figures. Over 10,000 attendees are expected. They will be served an informative fare that includes updates on current developments in the space, as well as insightful projections regarding the forces that may shape the industry in the future.

On the rostrum this year will be Michael Cooper, co-founder and managing member of MadisonJay Solutions, considered the leading consultant on regulations in the adult-use cannabis sector. He will be joined by Lisa Hansen, vice president of Plaid Marketing, a company out to democratize financial services through digital technology. Also scheduled to speak is Shanita Penny, president of Minority Cannabis Business Association, a non-profit business league created to serve the needs of minority cannabis entrepreneurs, workers, patients and consumers. Speakers at previous Cannabis Business Summits have included James Cole, a former deputy U.S. attorney general and Vicente Fox, president of Mexico from 2000 to 2006.

The NCIA was founded to protect legal cannabis businesses, defend state laws and advance federal policy reform. Today, the organization represents nearly 2,000 member-businesses and tens of thousands of cannabis professionals. The 6th Annual Cannabis Business Summit & Expo is scheduled to begin with workshops and off-site tours. It will continue over the following days, treating participants to a series of addresses and interactive programs. Attendees can choose from five educational tracks that include cultivation; processing, distribution and retail; business services; licensing, regulations and compliance; and advocacy and community. They will have the opportunity to visit the booths of over 400 companies exhibiting on an expo floor that will cover some 120,000 square feet.

Additionally, NCIA’s 6th Annual Cannabis Business Summit & Expo will offer rare networking opportunities and chances to connect with decision makers and industry executives that other marketing channels may be bypassing. Can you afford not to be there?

For more information, visit the event’s website at www.CannabisBusinessSummit.com

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Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P) Participates in Inaugural Cannabis Forum, Purchases Facility in Washington

Nabis Holdings discussed the importance of cannabis legislative changes during an inaugural edition of a congressional cannabis forum in Washington, DC
The company also announced the acquisition of a cannabis extraction and production facility in Washington state
Through modernization and expansion, the company plans to ramp up the facility’s production capacity to 20,500 kilograms per year

Jade Green, special advisor to Nabis Holdings (CSE: NAB) (OTC: INNPF) (FRA: 71P), participated in the KCSA Strategic Communications’ Inaugural Congressional Cannabis Day Forum that took place in Washington, DC on May 21, 2019. Green attended a panel discussing important legislative changes such as the federal Farm Bill and the impact that these developments have had on the cannabis industry, according to a company press release (http://nnw.fm/s0wvQ).

This first-of-its-kind event provided opportunities for engagement in dialogue about cannabis and the related legislative changes occurring in the country, Green said in a news release. “Nabis will continue to be a part of the resounding voices urging congress to modernize federal cannabis laws to more effectively facilitate the growth of America’s small businesses and provide protections for consumers,” she continued.

The aim of the Congressional Cannabis Day Forum was to take a deep look at the current state and the future of the cannabis industry. The forum featured a series of panel discussions that focused on critical issues like capital markets, social justice, veterans’ issues and CBD/hemp, among others.

Nabis Holdings is a Canadian investment company that invests in high quality assets across various industries. Its primary areas of specialization include cryptocurrency, securities, real property and all aspects of the U.S. and international cannabis sectors.

Earlier in May, the company released information about a new key acquisition in the U.S. cannabis sector. On May 13, 2019, Nabis Holdings announced the purchase of several assets from PDT Technologies LLC, including an established cannabis extraction and production facility in Washington State (http://nnw.fm/qM8D0).

A definitive agreement for the purchase has already been signed. In addition to the production facility, Nabis Holdings will be purchasing extraction and production equipment, as well as the exclusive licensing rights throughout Washington for a leading brand of cannabis products called ‘Chong’s Choice’.

The PDT production facility, based in Port Townsend, specializes in high grade cannabis concentrate. Through an investment of approximately $3 million, Nabis plans to expand the facility to include new specialized equipment, two new extraction lines, a lab facility and a clean room.

Following the improvements, the facility’s capacity is expected to reach 20,500 kilograms of cannabis concentrate per year.

Finalizing the agreement with PDT will enable Nabis to expand its footprint and licensing capabilities in Washington state, Nabis CEO Shay Shnet said in a news release. The purchase of new equipment and modification of the existing facility are both in line with the company’s aggressive expansion plan.

Washington state has a relatively mature market with proven metrics. Nabis Holdings will continue evaluating new local opportunities, as well as acquisition possibilities in other limited license states.

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://nnw.fm/INNPF

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Geyser Brands Inc. (TSX.V: GYSR) Expands Production Facility, Hopes to Capitalize on CBD Wellness Markets

Geyser Brands recently commenced upgrades; it anticipates R&D and processing amendments
The facility expansion is expected to improve the company’s focus on processing quality and consumer satisfaction
Solace Management Group recently increased its production capacity and invested in new equipment for consumer health care and pet wellness production

Geyser Brands Inc. (TSX.V: GYSR) is a leading Vancouver-based consumer health care company producing some of the world’s most popular cannabis brands and products. The company’s licensed producer (LP), Apothecary Botanicals, has received Health Canada license amendment approval to update its 7,000-square-foot facility located in Port Coquitlam, British Columbia.

This expansion, anticipated to be complete by the end of June 2019, would allow for research and development (R&D) and processing capabilities in anticipation of receiving its licensed amendments. GYSR’s R&D license is pending Health Canada’s approval of the LP facility, though the company’s facility was recently audited by Health Canada and found to be fully compliant. The company hopes to enhance its long-term success through attaining a processing license, which Geyser Brands believes will help it capitalize in the CBD wellness product market that’s predicted to be a multibillion-dollar industry (http://nnw.fm/F7UlO).

The company’s facility expansion is anticipated to include mothering and cloning rooms, along with designated areas for working with approved seed banks. A focus on processing quality will allow Geyser Brands to ensure high-CBD seed strains with consistent cannabinoid profiles, providing a reliable quality experience for consumers via its products.

Additionally, Geyser Brands recently recognized an achievement of its acquisition target, Solace Management Group Inc. GMP-compliant Solace is now in its new manufacturing facility, which is located in Coquitlam, British Columbia.

Solace hosts a dynamic portfolio of both pet and consumer health care goods, and the new facility adds to its focus on processing quality. The 7,500-square-foot construction increases production capacity by up to tenfold (http://nnw.fm/3mDZA) and allows Solace to “develop and license new products that are either ready for production or are in various stages of development.”

In an effort to partially or fully automate processes, new equipment has also been added to the facility, including an industrial oven, advanced blending and mixing systems, rotary depositing, large-volume kettle blending, a tincture mottling system and vertical-form-fill packaging. Because of these advancements, Solace is expected to be able to meet growing market demand for its products.

In 2018, the Global Wellness Institute estimated that the global wellness economy was a $4.2 trillion market that has shown growth in recent years (http://nnw.fm/3mDZA). The teams at Geyser Brands and Solace realize the industry’s demand for product innovation and consumer satisfaction. Together, they aim to provide healthy and relevant products to a burgeoning consumer base.

“The new production facility is definitely a milestone for Solace,” Geyser Brands CEO Andreas Thatcher stated in a news release (http://nnw.fm/q08hF). “The acquisition of Solace will provide us with a great head start as we seek to establish ourselves as a leading provider of health-focused hemp and CBD products. We have some new amazing products in the queue and being able to fulfill demand is key.”

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

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

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