NetworkNewsWire Newsroom: June 2019

Friday, June 28, 2019

Coinvention to Host Diverse Speakers Discussing Mass-Market Blockchain Adoption and More

Coinvention 2019 is focused on the future of blockchain
The event will feature a Friday hackathon and main Coinvention sessions
Coinvention is a platform to cultivate Philadelphia blockchain projects and more

Coinvention – the premier event designed to expand knowledge and insight of blockchain and the companies innovating in the industry – is on the horizon. The event will host 32 unique speakers slated to discuss an array of topics, including mass-market blockchain adoption, regulation and innovation.

Coinvention presentations will be segmented, with three-to-four keynote presentations, followed by questions and answers, eight STO/ICO presentations, and other invaluable panels and spotlight presentations.

When & Where

Coinvention is scheduled for Saturday, September 21, 2019. The Hackathon & Meetup will be on Friday, September 20.

Coinvention will take place at the historic Loews Philadelphia Hotel at 1200 Market Street in Philadelphia, Pennsylvania.

Friday: Hackathon & Meetup

The Hackathon & Meetup will give attendees the opportunity to join more than 100 developers for two days of creation at the Co.invent Hackathon during Philadelphia Blockchain Week, held September 15-22. Select developers, entrepreneurs and designers will lead feature presentations. Admission to the Co.Invent Hackathon is free, and the event will also offer the opportunity to find a job with leading recruiters in the blockchain space.

Doors open at 11 a.m., with the Hackathon officially kicking off at 2 p.m. Friday and ending at 2 p.m. Sunday. On Friday, the Hackathon will include a crowdfunding master class (4-5:30 p.m.) and a networking mixer (6-10 p.m.).

Saturday: Coinvention & Mixer

The morning starts with the ‘Doing Business in Dubai’ master class (8-9:30 a.m.), with Coinvention events scheduled through 6 p.m. From 6 p.m. to 2 a.m., attendees can attend the ‘Coinvent at the Party’ activity featuring networking, relationship building and unwinding.

Saturday will also feature Mastermind sessions. These sessions offer support in a group setting focused on honing business and personal skills via a combination of brainstorming, networking, education and peer accountability.

The Mastermind sessions schedule includes a 10 a.m. session for media, journalists and influencers, as well as an 11 a.m. session for VCs and start-ups. Afternoon sessions target traders and hedge funds, health care and blockchain professionals, hosts and event producers, and mining and proof-of-stake specialists.

Speakers & Influencers

Speakers to present at Coinvention include Jonathan Keim (CryptoCurrencyWire & NetworkNewsWire), Maureen Murat (Cogent Law Group), Nick Spanos (Bitcoin Center NYC), Samson Williams (Axes & Eggs) and Mike McCoy (Accenture). Additional speakers will include Jay Rush (Quick Blocks), Arpit Mathur (Comcast), Aaron Kosowski (Backyard Crypto) and Brandon Buscaglia (T.H.E.M.)

Influencers planning to attend Coinvention include Drew Taylor and Brent Bates of the Wild West Crypto Show, Rachel Siegel of Crypto Finally, Eryka Gemma of Bitcoin Center Miami, Andrea Doucette of Cryptogal and Charlie Mav of ReadySetCrypto.

Tickets

Attendees can choose from three tickets categories: early bird ($99), general admission ($199) or crypto purchase ($149). Get tickets now for this event bringing together blockchain enterprise companies, cryptocurrency traders, developers and enthusiasts at the luxurious Loews Philadelphia Hotel.

For more information, visit the event’s website at www.Coinvention.io

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Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Offers ‘Follow the Molecule’ Video Tour to Showcase Revolutionary Heavy Fuel Recovery Tech

Petroteq Energy is using its proprietary technology to revolutionize the domestic oil and gas industry through a “clean” closed-loop system that extracts fuel from sands and returns the cleaned sands to the earth
Petroteq’s CEO narrates a new video tour of the company’s Utah extraction facility to explain the technology’s processes and its potential

Oil and gas industry technology developer Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) is putting its revolutionary heavy oil recovery process on display with a seven-minute video tour of its facilities in Utah’s eastern desert to showcase what the company expects to be the best thing for domestic fuel production since fracking provided U.S. markets with a lower-cost alternative to conventional drilling operations.

The ‘Follow the Molecule’ video invites those interested in Petroteq’s closed-loop, environmentally “clean” surface oil extraction technology to consider the simplicity of the company’s flagship strategy for processing bituminous asphalt sands, turning the contaminated soil into “a clean dirt,” as PQEFF CEO David Sealock describes it (http://nnw.fm/D7k9G).

“I am delighted to be able to show our investors the results of the company’s efforts over the last two years. We believe we have achieved commercial operations, both in terms of plant run time and quality of the crude oil produced,” Sealock stated in a news release (http://nnw.fm/F5r1j).

Petroteq’s current maintenance program will address key processes in the facility that have affected its operations, necessitating an amended production capacity timeline. However, when the maintenance program is completed, Petroteq intends to begin working toward phase 2 production rates of up to 4,000 barrels per day by the end of next year.

“These proactive equipment alterations are expected to decrease future maintenance costs and increase the efficiency of the facility in reaching its production goals, and is expected to ensure that the continued results of technology-driven efficiency improvements in the facilities performance meets the quality and high standards expected by the Company and its customers,” as Petroteq noted in a news release.

Petroteq has a total gross contingent resource of more than 130.5 million barrels of surface oil sands heavy oil in place at its Asphalt Ridge location. The company is contemplating a lease for two additional nearby sites, and an evaluation of contingent resources prepared by Chapman Petroleum Engineering Ltd. at the end of last year predicts that one of the new proposed leases contains gross contingent resources of 90 million barrels of mineable bitumen in place, with a net “arithmetic average after risk” estimate of 40.77 million barrels of mineable bitumen in place, while the other contains an estimated gross contingent of 41.3 million barrels of bitumen in place, with a net “arithmetic average after risk” estimate of 20.7 million barrels of bitumen in place.

While the company is focused on developing its oil sands resources and expanding production capacity at Asphalt Ridge, technology licensing opportunities are being reviewed to further the technological advancements that will benefit the industry.

For more information, visit the company’s website at www.Petroteq.energy

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

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NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company 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. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. 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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TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Pursuing Development of a Global Cannabis Marketplace

TransCanna recently acquired a 196,000 sq. ft cannabis-concentrated hub in Stanislaus County, California, in keeping with its expansion plans to develop a global cannabis marketplace
It also received gross aggregate proceeds of more than C$10 million in private placement funding, which is being used for equipment purchase, acquisitions and other business activities
The company has hired a new general manager, Alan R. Applonie, who has decades of infrastructure experience working with Amazon, Starbucks, Walmart, 7-Eleven and Kroger
TransCanna is aiming to buy and develop 15 premium cannabis brands in California

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) is a Canadian company engaged in developing, integrating, scaling and channelizing cannabis- and hemp-related marketing activities in a closed-loop ecosystem. The company currently owns arguably the largest expanse of vertically integrated cannabis concentrated workplace in California.

Recently, TransCanna successfully closed its second round of private placement funding since its IPO on January 9, 2019, which fetched the company gross aggregate proceeds of C$10 million (http://nnw.fm/e7V0M). The proceeds of this funding are being used by the company in acquiring equipment and developing its existing 196,000 sq. ft cannabis unit in Modesto, Stanislaus County, California. The proceeds will also be used for additional acquisitions, and for further strengthening its company resources.

In addition, TransCanna has appointed Alan R. Applonie as the general manager of its Modesto facility (http://nnw.fm/2kQDG). The appointment was made after screening of top-tier talent from the industry for a period of six months. Applonie most recently oversaw a major consumer goods facility that generated approximately $300 million in annual gross revenues. He will be overseeing all of the manufacturing and related activities at the 196,000 sq. ft hub, as well as other units being acquired in Stanislaus County.

With this one single move, TransCanna has instilled years of experience, knowledge and expertise into the management of the company. Applonie’s forte lies in managing supply-chain operations and processes related to agricultural-based CPG products. He has also been associated with consumer goods giants like Amazon, 7-Eleven, Kroger, Walmart and Starbucks.

The need for a seasoned organization that effectively synchronizes all cannabis-related business activities is at its peak right now. TransCanna aspires to build 15 top-notch cannabis brands that will enter the retail marketplace in the next two years. The company has non-binding LOIs with four separate brands and is performing due diligence on each company. From hemp-based coconut oil to cannabis-infused fruits snacks, TransCanna is making its foray into the mainstream marketplace and looking to become the largest revenue-generating publicly traded company in California cannabis.

The company recently released a video tour of its facility, which provides more information about the vertically integrated cannabis industry (http://nnw.fm/y4oAx).

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

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

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The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Launches Investment Platform Focused on Cannabis Industry

Supreme Heights will focus on opportunities in the UK and European CBD health and wellness space
The investment platform will benefit from Supreme Cannabis’ vast industry experience and connected leadership team
Supreme Cannabis’ CEO expects the move to enhance revenue value for investors

The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a leading Canadian cannabis producer, recently announced its launch of Supreme Heights, a new investment platform. Supreme Heights, established in London, will take advantage of opportunities within the United Kingdom and Europe’s CBD health and wellness sector.

While Supreme Heights has been initiated as a separate entity, the platform has solid foundational support and will benefit from Supreme Cannabis’ regulatory, product commercialization, supply chain, marketing and capital markets expertise, as well as corporate support services (http://nnw.fm/NYZp6). Additionally, Supreme Heights will benefit from Supreme Cannabis’ experience launching premium brands and its team’s history of supporting health and wellness companies in Canada and abroad.

Supreme Cannabis CEO Navdeep Dhaliwal described the investment in Supreme Heights as a way to increase value for existing Supreme Cannabis shareholders. “The rapidly evolving CBD markets in the UK and Europe present compelling investment opportunities given the promising environments for new health and wellness companies to establish differentiated brands and capture meaningful market share,” Dhaliwal noted in a news release. “Supreme Heights is positioned to quickly act on attractive opportunities and establish an early mover advantage in the space.”

Supreme Heights CEO Patrick Morton brings a diverse and valuable track record to the new position. He has more than a decade of capital markets experience and significant industry relationships. As a co-founder of Cannabis Invest UK, the United Kingdom’s leading cannabis investor conference, Morton has witnessed the evolving cannabis industry change and develop, and he has spent the last three years building a network of local and global cannabis and CBD companies. He has also played an integral role in discussions and action surrounding global cannabis investment opportunities.

In describing Supreme Cannabis’ role in the launch of Supreme Heights in a news release, Morton said, “We have gained a valuable strategic partner with a top-tier management team and highly developed corporate services. With guidance from Supreme Cannabis, we intend to make target investments in wellness brands that provide exposure to value-add categories in the UK and Europe’s CBD market, including vaporizers, edibles and beverages, topicals, and ancillary services… We are committed to positively contributing to this emerging industry and intend to support companies that share our standards for quality, sustainability and innovation.”

Supreme Cannabis has become one of Canada’s premium cannabis producers as a result of its multipronged approach. The company has sincere respect for its informed and discerning customers, recognizing their need for a premium brand delivering a quality product. This high regard for customers, paired with Supreme Canada’s premium product quality and ability to distribute products coast-to-coast across Canada, has enabled the company to wholesale for up to one-third higher in price than other competing brands in the Canadian cannabis market.

The company’s reputation for quality and ease of access to premium products has left Supreme Cannabis well positioned to take advantage of the growing demand for cannabis in Canada. The country’s total cannabis market, which includes both medical and recreational cannabis products, is expected to yield up to $7.17 billion in 2019 total sales (http://nnw.fm/jakZ7). Additionally, the Canadian Imperial Bank of Commerce predicts that the cannabis industry will value at $6.8 billion by 2020, which is larger than the country’s hard liquor market and almost as large as its wine market.

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

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Grapefruit Boulevard Investments Inc. (IGNG) Completes Reverse Acquisition, Launches Sugar Stoned

Grapefruit is a premier manufacturer and distributor in California’s legal cannabis marketplace
The company completed a reverse acquisition of Imaging3
Grapefruit recently launched a new product line, Sugar Stoned

Grapefruit Boulevard Investments Inc. (OTCQB: IGNG) is a premier cannabis manufacturer and distributor in the California legal cannabis marketplace with its own branded product lines. It offers professional assistance to other cannabis companies in branding, compliant packaging, extraction services, edible manufacturing services and distribution logistics. The company created a fully compliant strategy to bring unlicensed brands into the legal marketplace. Grapefruit is a seed-to-sale, vertically integrated company sourcing active ingredients and creating branding, packaging and manufacturing. The company provides wholesale and licensed cannabis distribution to ensure that the brands it works with get into dispensaries.

In January 2018, Grapefruit acquired its California cannabis licenses and subsequently began distribution of cannabis products. Grapefruit’s cannabis- and CBD-extraction laboratory and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California.

‘IGNG’ was originally the public trading ticker for Imaging3, a diagnostics technology company that is now continuing services as a private company. In June, Grapefruit announced that, upon approval of IGNG’s board of directors, it successfully completed the reverse acquisition of Imaging3 (http://nnw.fm/t6Pcd).

In a news release, former Imaging3 CEO John Hollister commented, “Grapefruit is poised for a great future.” Hollister went on to say that, given the potential of the expanding cannabis market and the company’s strong cannabis-market potential, shareholders are now in a position to see a larger value appreciation with lower risk.

Grapefruit has big plans for the future that include the expansion of current extraction laboratory operations to increase efficiencies and output, as well as the expansion of distribution services throughout California and pursuit of additional cannabis licenses for permitted cannabis manufacturing and cultivation. “In this quarter alone, Grapefruit will be launching its new line of unique infused cannabis edible and CBD products,” added Grapefruit CEO Bradley J. Yourist.

In addition, on June 21, 2019, the company announced that it will start retail sales of its first brand of cannabis-infused edible gummies in California under the trade name ‘Sugar Stoned’ (http://nnw.fm/CyNL6). Grapefruit’s corporate vision is to become a seed-to-sale, fully vertically integrated ethical and compliant cannabis and CBD (cannabidiol) product company. The new Sugar Stoned signature gummies are available in eight flavors: blue raspberry, cherry, grape, peach, pineapple, sour apple, strawberry and watermelon. These flavors were chosen following consultation with cannabis retailers across California.

Sugar Stoned consumers know that they are receiving the highest quality product. All of Sugar Stoned’s infused gummies are tested and certified by a third-party lab to be pesticide and heavy-metal free. In Q3 2019, Grapefruit is preparing to introduce several unique infused offerings, as well as launching a new line of THC- and CBD-vaporizer cartridges.

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

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Thursday, June 27, 2019

NCIA Cannabis Business Summit & Expo is ‘Essential’, Says Leading Trade Journal

It’s no real surprise that the 6th Annual NCIA Cannabis Business Summit & Expo has made the list of “essential conferences for meeting everyone you need to know to succeed in cannabis.” During its run, attendance at the trade show has climbed exponentially. This year, over 10,000 attendees are expected to congregate, July 22-24, at the San Jose McEnery Convention Center in San Jose, California. Such a crowd of executives, entrepreneurs and investors offers networking opportunities galore. The event, which focuses on business opportunities in the fast-developing cannabis space, undoubtedly offers a matchless opportunity to “meet… everyone you need to know to succeed in cannabis.”

The “essentials” list compiled by industry journal Green Entrepreneur tags the 6th Annual NCIA Cannabis Business Summit & Expo as “great for all things science and technology,” and business, too, might have been added. The National Cannabis Industry Association (NCIA), is devoted to advancing the business interests of the cannabis industry. It is the largest cannabis trade association in the U.S. and the only organization representing state-sanctioned cannabis-related businesses at the federal level. Membership of the organization, a Washington, D.C.-based nonprofit, includes nearly 2,000 member-businesses and tens of thousands of cannabis professionals, and it is rapidly growing.

The 6th Annual NCIA Cannabis Business Summit & Expo will begin with a series of pre-conference workshops and off-site tours on Monday, July 22. On July 23-24, the conference and expo proper get going. Patrons and professionals will have a choice of five educational tracks to follow: (i) cultivation; (ii) processing, distribution and retail; (iii) business services; (iv) licensing, regulations and compliance; and (v) advocacy and community. Exhibits from participating companies will range across the 120,000 square feet being devoted to the expo floor, and a series of addresses by influential figures will bring attendees up to speed on developments and trends in the industry.

Lori Ajax, the first chief of California’s newly formed Bureau of Cannabis Control, will be on hand. There may be no one better at detailing the regulatory course that cannabis enterprises in the state must navigate. Jim Belushi is slated to perform at the Blues & Buds Celebration. The famous figure knows a thing or two about cannabis now, having gone from acting to farming cannabis in Oregon. Michael Correia, director of government relations, is also scheduled to make an address. Come and see what else is on the cards at this unique event.

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

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Pressure BioSciences Inc. (PBIO) Announces Entry into Cannabis Marketplace with its Ultra Shear Technology Instrument Platform

PBIO’s proprietary Ultra Shear Technology (UST) platform achieves the long sought-after ability to create truly water-soluble CBD oil that can provide optimized solubility and bioavailability for CBD absorption
As a result of the long sought-after demand for safe and effective water-soluble CBD, the company believes that a doubling in its annual revenue run-rate over the next year is very possible, based on the sale of this totally new, proprietary instrument system; market impact includes CBD products, nutraceuticals, foods and beverages, cosmetics and other oil-based markets
Independent, university-affiliated analytical lab test results prove that PBIO’s UST platform creates high quality, visually clear nanoemulsion mixtures of CBD oil and water and that the CBD molecule is preserved throughout the process
The overall cannabinoid market is expected to reach $22 billion by 2022, with CBD oil-based supplements serving as a cornerstone of the booming consumer trend

Pressure BioSciences Inc. (OTCQB: PBIO), a leader in the development and sale of high pressure-based instruments, consumables and related services for the global life sciences and other industries, has just announced that its proprietary Ultra Shear Technology (UST) platform has been optimized for the unique purpose of creating high quality nanoemulsions of CBD oil in water. Independent test results have shown that these CBD oil nanoemulsions retain nearly 100 percent of the CBD molecule after processing, without altering the molecule or generating impurities. Given this new highly-effective, non-chemical ability to make truly water-soluble CBD – a solution that meets a huge long-standing need – the company announced today a major focus on the cannabis/CBD market (http://nnw.fm/Gr7D4).

UST is a novel process that has potential in a wide range of commercial applications, including extending the shelf life of some food products and making two or more insoluble liquids (like oil and water) soluble. UST is based on the use of intense shear forces generated from ultra-high-pressure valve discharge (http://nnw.fm/YwhC6). PBIO’s UST process has most recently been independently verified by chemists at NutraFuels, Inc. (OTCQB: NTFU), which has a U.S. Food and Drug Administration (“FDA”) inspected, highly qualified analytical testing laboratory with state-of-the-art equipment.

“Using a powerful laboratory method called HPLC to measure the concentrations of CBD and potential impurities, we determined that no appreciable amount of CBD was lost during the UST process,” Cooper Dodd, R&D Scientist at NTFU, stated in a news release (http://nnw.fm/Ch4SL). “These results compare well to our standard processing method of ultrasonication, which can carry a risk of measurable loss of CBD, and sometimes creates the appearance of impurities if not performed properly. While there is more work to be done, as a nutraceutical manufacturer with products already on the market, we see these results as a robust leap towards better optimization of our CBD-enhanced products.”

PBIO has released two short videos (http://nnw.fm/2qOQV and http://nnw.fm/opQ3D) showing how its patented UST platform was able to process CBD plant oil into a water-soluble nanoemulsion. When the UST-processed CBD oil was added to different liquids – such as a soft drink, a sports drink and a beer – the nanoemulsified CBD oil completely dissolved in each liquid.

For many oil-based products, the ability to create nanoemulsions can improve the products’ absorption, medicinal benefits, visual appearance and sensory presentation, Dr. Bradford A. Young, chief commercial officer of Pressure BioSciences, stated in a news release introducing the videos (http://nnw.fm/iD61P).

“The potential for the UST platform to impact the CBD industry is promising, with the total cannabinoid market expected to hit $22 billion by 2022 with CBD oil-based supplements being the cornerstone of this market,” Young said (http://nnw.fm/dd6Aw). “More importantly, while CBD is an attractive opportunity for our proprietary UST platform, we believe that the nutraceuticals, topicals and cosmetics, and food and beverage markets as mentioned could be 10-50 times larger. We will be addressing these additional market opportunities in parallel with our efforts in CBD.”

Cannabidiol (CBD), is a naturally occurring compound found in cannabis and hemp plants that is non-psychoactive. CBD can now be found in a dizzying variety of CBD-infused products, including edibles, lotions, capsules, medications and other health and wellness products, as The New York Times reported in an article reviewing CBD’s history and future potential (http://nnw.fm/5WzUh).

Dr. Keith Warriner, professor of food science at the University of Guelph (Toronto), and a recognized expert in the cannabis industry, said that PBIO’s UST platform is a significant achievement.

“The data released today on UST-generated nanoemulsions of CBD oil are very impressive. Creating nanoemulsions of CBD oil with full preservation of CBD throughout the process, while not generating impurities, remains a significant challenge in the industry. These data indicate that UST can achieve that goal, thereby offering great promise to the future,” Warriner stated in February.

PBIO believes that its proprietary Ultra Shear Technology can help a diverse variety of customers to develop a vast array of new and beneficial products spanning multiple large markets including CBD and nutraceuticals, cosmetics and topicals, food and beverages, drug delivery and more, Young concluded.

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

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

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The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Launches Strategic Hemp Division

The Green Organic Dutchman’s focus is on being the market’s foremost global organic cannabis brand
The company recently launched a worldwide strategic hemp division
TGOD aims to provide a suite of premium consumer-preferred products

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) is a premium cannabis company that grows high-quality, organic cannabis with sustainable, all-natural principles. Established in 2012, TGOD focuses on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, along with the Canadian adult-use market. TGOD’s senior management team has wide-ranging experience in executive and operational activities specific to CPG (consumer packaged goods), consumer products, and the cannabis and finance industries.

TGOD’s products are laboratory tested to ensure that patients have access to a standardized, safe and consistent product. Headquartered in Mississauga, Ontario, TGOD has a planned capacity of 219,000 kg and is building 1,643,600 square feet of cultivation and processing facilities across the Canadian provinces of Ontario and Quebec, as well as in Jamaica and Denmark.

Recently, TGOD launched a global strategic hemp division, through which it plans to expand into the worldwide organic hemp market in a significant way. The company previously entered the flourishing European hemp market via joint ventures, along with its 2018 acquisition of HemPoland, a company with extensive experience in the European CBD (cannabidiol) market (http://nnw.fm/Msia5). TGOD itself has considerable experience from which to significantly ramp up expansion plans. The company’s global strategic hemp division will work to expand into territories in Canada, Jamaica, Poland, Mexico and the United States. TGOD’s stock rose after the announcement of the company’s new division.

HemPoland has vast experience in cultivating and processing EU-registered hemp varieties that are similar to those now allowed for cultivation in Canada. HemPoland’s revenue for Q1 increased by almost 30 percent quarter over quarter as demand for high-quality hemp CBD products in Europe gained momentum (http://nnw.fm/66xNI). TGOD’s global strategic hemp division will be tasked with providing genetics, training on organic methods and standard operating procedures, and regulatory insights and other advisory support to the company’s global partners.

“With the global CBD market expected to hit $22 billion in less than three years, it is clear that the segment is drawing substantial consumer demand,” TGOD CEO Brian Athaide stated in a news release. “Our team has years of direct hands-on experience in the CBD space, and we are excited to use this advantage to execute on a fast-moving market expansion strategy. CBD is a wellness product and has a natural fit with TGOD’s certified organic positioning and the large segment of consumers who are increasingly demanding natural and organic products.”

In addition, TGOD has partnered with Eaton Corp., a global power-management company that is providing research and optimization. This partnership will allow TGOD to have some of the lowest electricity input costs in the business. TGOD also has a partnership with Canada’s second-largest construction management company, Ledcor.

TGOD has a facility in Ancaster, Ontario, with a funded expansion of 166,000 square feet capable of producing 17,500 kg of high-quality organic cannabis annually. Plans also include a 20,000-square-foot enclosed facility, which will add 2,000 kg of capacity to the company’s projected output. In addition, TGOD has more than 1.4 million square feet planned internationally (http://nnw.fm/iMP0r). Furthermore, the expectation is that the company’s strategic beverage division will be an organic R&D center for novel and proprietary cannabinoid-infused beverages, advanced products, advanced-product development and pilot manufacturing.

Growing to scale with logistical and infrastructure controls, TGOD represents a compelling investment opportunity for investors wanting a position in the premium organic cannabis market. The company continues to focus on creating novel and proprietary strains and differentiated products. TGOD is actively pursuing its mission to provide organic cannabis solutions to enhance people’s lives.

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://nnw.fm/TGODF

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