- Proven player in the payments-as-a-service market
- Company’s business growth increased by 40% in 2017’s first quarter
- Projected to reach $75 million in revenues by 2018
Exciting developments continue for Net Element, Inc. (NASDAQ: NETE), which has become a proven entity within the thriving payments-as-a-service market.
Net Element is a global financial technology and value-added solutions group engaged in supporting electronic payments acceptance in an omni-channel environment that spans point-of-sale, e-commerce and mobile devices. The company’s payments-as-a-service transactional and value-added services platform caters to small-to-medium enterprises (SME) in the United States and in selected emerging markets. Net Element was hailed as one of the fastest-growing technology companies by the South Florida Business Journal in 2016, and the company continues living up to that title.
On July 20, Net Element announced that its PayOnline subsidiary has expanded its payments module for electronic commerce and CMS to now include InSales, a popular omni-channel commerce and CMS platform for small-to-medium-sized businesses (http://nnw.fm/1nYW9). The free PayOnline module for InSales enables merchants to accept payments via the most popular bankcards, such as Visa, Visa Electron, MasterCard, Maestro and MIR. Additionally, the PayOnline module supports more than 110 key world currencies, including U.S. dollars, euros, rubles, tenge, soms and shekels. All of the PayOnline module’s payment interfaces are available in English and Russian, and PayOnline has gained access to more than 4,000 new merchants in Russia and Kazakhstan with this latest addition, which means significant revenue potential for Net Element. The payment module is available on 23 of the most popular e-commerce and CMS platforms and counting.
In June, Net Element announced, through its PayOnline subsidiary, that its list of European integrations and partnerships had expanded via the addition of Payvision to the company’s network of partners. This provided PayOnline with an additional channel through which to route its payments in Europe and effectively broadened the scope of capabilities for its customers, simultaneously supporting higher conversion rates and improving access to more than 120 currencies throughout the world.
Also in June came the announcement that Net Element’s PayOnline subsidiary had initiated payment acceptance services for V-Tell, a premier international mobile network operator. V-Tell’s intention was to use various payment methods offered through the PayOnline platform for its website and mobile application, including recurring billing and one-click payment solutions.
Net Element’s business growth was up an impressive 40 percent in the first quarter of 2017, and a Zacks Research Report released in May (http://nnw.fm/7XYPd) projected that the company’s revenues will reach $75 million by 2018.
Continuing its impressive growth trajectory, Net Element is successfully demonstrating its ability to grow internationally and is poised for even greater success in the near term.
For more information, visit the company’s website at www.NetElement.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
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Monday, July 24, 2017
InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) Aims at Future of Cannabinoid Compound Treatment
- Specializing in novel cannabinoid drug therapies, InMed Pharmaceuticals is well-poised for cannabinoid research and development of new treatments
- Glaucoma and skin disease pharmaceuticals now in development have an estimated $7.6 billion potential market
-InMed Pharmaceutical’s chief medical officer helped $3 billion GW Pharmaceuticals develop one of the first cannabis-based drugs
With its proprietary bioinformatics assessment tool, cannabinoid biosynthesis technology and drug development pipeline, InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) is well-positioned to target the future of cannabinoid pharmaceutical compounds.
InMed is a pre-clinical stage biopharmaceutical company specializing in the development of novel therapies through research and development of the 90+ individual cannabinoid compounds which occur naturally in cannabis.
InMed can rapidly analyze and identify novel cannabinoids to find new drug candidates with the highest therapeutic benefit and fewest adverse effects. The company’s unique research approach using proprietary bioinformatics tools expedites the identification of bioactive compounds with the potential to treat specific diseases, while its comprehensive pharmaceutical and cannabinoid structures database allow InMed to identify active cannabinoids that will act on genes and proteins.
Two major medications are in development by InMed Pharmaceuticals: a glaucoma treatment and a drug therapy for epidermolysis bullosa (EB). The two markets combined have an estimated value of $7.6 billion. Clinical trials for both candidates are expected to start in 2018.
In June, InMed Pharmaceuticals announced an agreement with Pharmaseed Ltd. to develop the final formulation for INM-750, a treatment in development as a therapy for EB and other dermatological and wound applications.
Epidermolysis bullosa comprises a group of inherited connective tissue diseases which typically affect the skin, causing it to become extremely fragile and prone to blistering and tearing. The disease can also affect bodily systems and internal organs. There is currently no approved treatment for EB. InMed’s topical formulation includes multiple cannabinoids to target keratin modulation, as well as inflammation, healing, skin regeneration, itching, and pain.
A second pharmaceutical in InMed’s pipeline, INM-085, treats glaucoma, an eye disorder which increases pressure in the eye, damages the optic nerve and is one of the leading causes of blindness in the developed world. The glaucoma medication could become the first-ever treatment for the disease that is multi-target and uses multiple cannabinoids for maximum effectiveness.
InMed Pharmaceuticals’ impressive management team includes Chief Medical Officer Dr. Ado Muhammed, a former associate medical director for GW Pharmaceuticals. Muhammed was instrumental in leading GW Pharmaceuticals (NASDAQ: GWPH) through development and approval of one of the world’s first cannabis-based drugs, taking the company’s shares from less than $9 in 2013 to $100 today and building a market value of more than $2.5 billion.
InMed Pharmaceuticals president and CEO Eric Adams is a seasoned biopharmaceutical executive with over 25 years’ experience in company and capital formation, global market development, mergers & acquisitions, licensing and corporate governance. Adams previously served as CEO at enGene Inc. and held key senior roles in global market development with QLT Inc. (Vancouver), Advanced Tissues Science Inc. (La Jolla), Abbott Laboratories (Chicago), and Fresenius AG (Germany).
InMed’s Chief Scientific Officer Dr. Sazzad Hossain has more than 20 years of academic and industrial experience in new drug discovery and natural health product development. Hossain held key roles at the Biotechnology Research Institute of National Research Council Canada and Xenon Pharmaceuticals. CFO Jeff Charpentier is a 25-year veteran of the biopharmaceutical industry and has served at several public and private companies in the pharmaceutical and technology sectors.
With lots of opportunity, a share price of less than 30 cents and a market cap of about $34 million, InMed looks like a good opportunity to profit from what may become the next success story in the ongoing quest to cure and mitigate disease with cannabinoid-based therapeutics.
For more information, visit the company’s website at www.InMedPharma.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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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- Glaucoma and skin disease pharmaceuticals now in development have an estimated $7.6 billion potential market
-InMed Pharmaceutical’s chief medical officer helped $3 billion GW Pharmaceuticals develop one of the first cannabis-based drugs
With its proprietary bioinformatics assessment tool, cannabinoid biosynthesis technology and drug development pipeline, InMed Pharmaceuticals, Inc. (CSE: IN) (OTCQB: IMLFF) is well-positioned to target the future of cannabinoid pharmaceutical compounds.
InMed is a pre-clinical stage biopharmaceutical company specializing in the development of novel therapies through research and development of the 90+ individual cannabinoid compounds which occur naturally in cannabis.
InMed can rapidly analyze and identify novel cannabinoids to find new drug candidates with the highest therapeutic benefit and fewest adverse effects. The company’s unique research approach using proprietary bioinformatics tools expedites the identification of bioactive compounds with the potential to treat specific diseases, while its comprehensive pharmaceutical and cannabinoid structures database allow InMed to identify active cannabinoids that will act on genes and proteins.
Two major medications are in development by InMed Pharmaceuticals: a glaucoma treatment and a drug therapy for epidermolysis bullosa (EB). The two markets combined have an estimated value of $7.6 billion. Clinical trials for both candidates are expected to start in 2018.
In June, InMed Pharmaceuticals announced an agreement with Pharmaseed Ltd. to develop the final formulation for INM-750, a treatment in development as a therapy for EB and other dermatological and wound applications.
Epidermolysis bullosa comprises a group of inherited connective tissue diseases which typically affect the skin, causing it to become extremely fragile and prone to blistering and tearing. The disease can also affect bodily systems and internal organs. There is currently no approved treatment for EB. InMed’s topical formulation includes multiple cannabinoids to target keratin modulation, as well as inflammation, healing, skin regeneration, itching, and pain.
A second pharmaceutical in InMed’s pipeline, INM-085, treats glaucoma, an eye disorder which increases pressure in the eye, damages the optic nerve and is one of the leading causes of blindness in the developed world. The glaucoma medication could become the first-ever treatment for the disease that is multi-target and uses multiple cannabinoids for maximum effectiveness.
InMed Pharmaceuticals’ impressive management team includes Chief Medical Officer Dr. Ado Muhammed, a former associate medical director for GW Pharmaceuticals. Muhammed was instrumental in leading GW Pharmaceuticals (NASDAQ: GWPH) through development and approval of one of the world’s first cannabis-based drugs, taking the company’s shares from less than $9 in 2013 to $100 today and building a market value of more than $2.5 billion.
InMed Pharmaceuticals president and CEO Eric Adams is a seasoned biopharmaceutical executive with over 25 years’ experience in company and capital formation, global market development, mergers & acquisitions, licensing and corporate governance. Adams previously served as CEO at enGene Inc. and held key senior roles in global market development with QLT Inc. (Vancouver), Advanced Tissues Science Inc. (La Jolla), Abbott Laboratories (Chicago), and Fresenius AG (Germany).
InMed’s Chief Scientific Officer Dr. Sazzad Hossain has more than 20 years of academic and industrial experience in new drug discovery and natural health product development. Hossain held key roles at the Biotechnology Research Institute of National Research Council Canada and Xenon Pharmaceuticals. CFO Jeff Charpentier is a 25-year veteran of the biopharmaceutical industry and has served at several public and private companies in the pharmaceutical and technology sectors.
With lots of opportunity, a share price of less than 30 cents and a market cap of about $34 million, InMed looks like a good opportunity to profit from what may become the next success story in the ongoing quest to cure and mitigate disease with cannabinoid-based therapeutics.
For more information, visit the company’s website at www.InMedPharma.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
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Patriot One Technologies’ (TSX.V: PAT) (OTCQB: PTOTF) PATSCAN Defends Against Terrorists and Active Shooters
- PATSCAN CMR™ technology to detect concealed weapons & ordnance
- Microwave radar technology developed in collaboration with McMaster University
-Non-intrusive system units can be deployed covertly
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) is on the frontline of the fight against terrorists and active shooters, the latter defined by law enforcement agencies as ‘an individual or individuals actively engaged in killing or attempting to kill people in a populated area’. In collaboration with McMaster University of Canada, the company has developed novel technology which detects weapons and other ordnance carried into public spaces and reduces the risk posed by malevolent actors. Unlike present weapons detection systems, the Patriot One units employing this innovative technology can be deployed without the knowledge or awareness of those being scanned. In addition, there is no stop-and-scan or intrusive invasions of privacy. With its new PATSCAN technology, Patriot One is offering airports, train stations, nightclubs, concert venues and other public arenas the capability to deter, detect and defend against terrorists and active shooters.
Patriot One’s preemptive approach to warding off gun and bomb violence employs cutting-edge microwave radar technology linked to machine algorithms. The low-power radar system scans people and property as they pass through the field of the device. This data is relayed continuously to sophisticated algorithms that access a database of ordnance “signatures” and make a determination, in real time, of a possible security threat. By running the scan against the signatures in the database, the system quickly identifies whether someone is carrying a gun, knife, bomb or some other potentially dangerous device or object.
Patriot One’s PATSCAN, developed in collaboration with researchers from McMaster University, is markedly different from traditional weapons detection technology. Current weapons detection systems are highly visible and tend to create the sort of ominous atmosphere one might expect in a prison, perhaps, but not at a teenage pop concert. However, PATSCAN can be deployed covertly behind walls, ceilings and floor panels and is, in effect, invisible to the public. Consequently, it increases the likelihood that an actor with malicious intent will give himself away. The technology, which will certainly prove disruptive to the security industry, is rather less so in operation. It requires no stop-and-scan; no searching of handbags and emptying of pockets; and no body scans that may violate the norms of privacy or decency. In many ways, PATSCAN CMR is clean technology, and its merits are getting a nod from industry experts.
Earlier this year, the company announced the Security Industry Association (SIA) had recognized it as winners of the Anti-Terrorism / Force Protection category in the New Product Showcase (NPS) component of the ISC West industry trade show and conference in Las Vegas, Nevada (http://nnw.fm/2KPFm). SIA NPS judges are highly skilled and experienced in security technology design and application and are required to have a minimum of 10 years experience in the selection, purchase and or installation of products within the category that they are judging. The PATSCAN has, so far, achieved a 94 percent true positive detection, which is far ahead of traditional metal detector rates.
Patriot’s order book is growing, and inquiries from potential clients and distributors continue to pour in. Last month, one such inquiry, from Down Under, blossomed into a new partnership. Patriot One announced it had entered into a reseller agreement with accredited national systems integration experts Aotea Security (NZ) Ltd. of Dunedin, New Zealand (http://nnw.fm/Y1zJT). Aotea Security is the security specialist arm of the Aotea Group of companies, which provides New Zealand’s only truly nationwide solution for electronic security, electrical, fire, and communications services.
Patriot One is now in the process of obtaining certification from Industry Canada and the Federal Communications Commission (FCC) in the U.S. for its commercial PATSCAN units. The company hopes to start shipping commercial units in the fall.
For more information, visit the company’s website at www.Patriot1Tech.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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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- Microwave radar technology developed in collaboration with McMaster University
-Non-intrusive system units can be deployed covertly
Patriot One Technologies, Inc. (TSX.V: PAT) (OTCQB: PTOTF) is on the frontline of the fight against terrorists and active shooters, the latter defined by law enforcement agencies as ‘an individual or individuals actively engaged in killing or attempting to kill people in a populated area’. In collaboration with McMaster University of Canada, the company has developed novel technology which detects weapons and other ordnance carried into public spaces and reduces the risk posed by malevolent actors. Unlike present weapons detection systems, the Patriot One units employing this innovative technology can be deployed without the knowledge or awareness of those being scanned. In addition, there is no stop-and-scan or intrusive invasions of privacy. With its new PATSCAN technology, Patriot One is offering airports, train stations, nightclubs, concert venues and other public arenas the capability to deter, detect and defend against terrorists and active shooters.
Patriot One’s preemptive approach to warding off gun and bomb violence employs cutting-edge microwave radar technology linked to machine algorithms. The low-power radar system scans people and property as they pass through the field of the device. This data is relayed continuously to sophisticated algorithms that access a database of ordnance “signatures” and make a determination, in real time, of a possible security threat. By running the scan against the signatures in the database, the system quickly identifies whether someone is carrying a gun, knife, bomb or some other potentially dangerous device or object.
Patriot One’s PATSCAN, developed in collaboration with researchers from McMaster University, is markedly different from traditional weapons detection technology. Current weapons detection systems are highly visible and tend to create the sort of ominous atmosphere one might expect in a prison, perhaps, but not at a teenage pop concert. However, PATSCAN can be deployed covertly behind walls, ceilings and floor panels and is, in effect, invisible to the public. Consequently, it increases the likelihood that an actor with malicious intent will give himself away. The technology, which will certainly prove disruptive to the security industry, is rather less so in operation. It requires no stop-and-scan; no searching of handbags and emptying of pockets; and no body scans that may violate the norms of privacy or decency. In many ways, PATSCAN CMR is clean technology, and its merits are getting a nod from industry experts.
Earlier this year, the company announced the Security Industry Association (SIA) had recognized it as winners of the Anti-Terrorism / Force Protection category in the New Product Showcase (NPS) component of the ISC West industry trade show and conference in Las Vegas, Nevada (http://nnw.fm/2KPFm). SIA NPS judges are highly skilled and experienced in security technology design and application and are required to have a minimum of 10 years experience in the selection, purchase and or installation of products within the category that they are judging. The PATSCAN has, so far, achieved a 94 percent true positive detection, which is far ahead of traditional metal detector rates.
Patriot’s order book is growing, and inquiries from potential clients and distributors continue to pour in. Last month, one such inquiry, from Down Under, blossomed into a new partnership. Patriot One announced it had entered into a reseller agreement with accredited national systems integration experts Aotea Security (NZ) Ltd. of Dunedin, New Zealand (http://nnw.fm/Y1zJT). Aotea Security is the security specialist arm of the Aotea Group of companies, which provides New Zealand’s only truly nationwide solution for electronic security, electrical, fire, and communications services.
Patriot One is now in the process of obtaining certification from Industry Canada and the Federal Communications Commission (FCC) in the U.S. for its commercial PATSCAN units. The company hopes to start shipping commercial units in the fall.
For more information, visit the company’s website at www.Patriot1Tech.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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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Friday, July 21, 2017
SITO Mobile, Ltd. (NASDAQ: SITO) Appoints CEO, Solidifies Top Management
After a recent shakeup, New Jersey-based SITO Mobile, Inc. (NASDAQ: SITO) has appointed a new CEO, COO, chairman of the board and board members to its management team, and it is back on track doing what the company does best, helping advertisers attract customers using mobile platforms.
SITO offers services in location-based advertising, a booming advertising sector that is growing faster than any other ad channel. The company’s technology allows advertisers to optimize their campaigns, better understand their audiences and increase ROI by utilizing always-on location, audience and behavior sciences (LABS) reporting. SITO Mobile offers real-time verified data to track ad campaign performance aimed at driving foot traffic to brick and mortar stores.
SITO announced in early June the election of Brent Rosenthal as chairman of the company’s board of directors. SITO Mobile is a technology-based mobile solutions provider increasing brand awareness, loyalty and sales through its mobile engagement platform.
Brent Rosenthal is the founder of Mountain Hawk Capital Partners, LLC, an investment fund focused on small and micro-cap equities in the technology media telecom (TMT) and food industries. Rosenthal also serves on the boards of directors of comScore (NASDAQ: SCOR) and RiceBran Technologies (NASDAQ: RIBT) and is an adviser to the board of directors of Park City Group (NASDAQ: PCYG).
“I am honored to be in the position of serving as chairman of the board of the company, and will work tirelessly with my colleagues on the Board to continue to build value for all of the Company’s stakeholders, including our shareholders, employees and customers,” Rosenthal said in a statement to Globe Newswire (http://nnw.fm/xKL9K).
Rosenthal joins new board of directors members Michael Durden, Itzhak Fisher, Thomas J. Pallack, Matthew Stecker and Thomas Thekkethala. On June 30, the company announced that Thomas J. Pallack and Mark Del Priore had been appointed as the company’s CEO and CFO, respectively. William Seagrave was named SITO Mobile’s COO.
“Tom, Bill and Mark are proven leaders with a broad range of experiences that are uniquely suited to the future of SITO’s business,” said Rosenthal. “We are thrilled to be working closely with them for the next phase of the company’s growth.”
Pallack has more than 30 years’ experience in sales, operations, finance and business development with global tech companies such as Oracle and Ariba. He co-founded SBV solutions, a software sales company, and has served as CEO and head of sales since 2005.
Seagrave previously directed sales, product and market strategies for global tech companies including Cisco, Oracle, Intel, and Baxter. He has extensive experience.
“The people and product offerings at SITO provide a strong foundation for growth and expansion,” Seagrave said in a press statement for Globe Newswire. “The business is well-positioned for its next stage of development in the technology landscape.”
For more information, visit www.SITOMobile.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
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SITO offers services in location-based advertising, a booming advertising sector that is growing faster than any other ad channel. The company’s technology allows advertisers to optimize their campaigns, better understand their audiences and increase ROI by utilizing always-on location, audience and behavior sciences (LABS) reporting. SITO Mobile offers real-time verified data to track ad campaign performance aimed at driving foot traffic to brick and mortar stores.
SITO announced in early June the election of Brent Rosenthal as chairman of the company’s board of directors. SITO Mobile is a technology-based mobile solutions provider increasing brand awareness, loyalty and sales through its mobile engagement platform.
Brent Rosenthal is the founder of Mountain Hawk Capital Partners, LLC, an investment fund focused on small and micro-cap equities in the technology media telecom (TMT) and food industries. Rosenthal also serves on the boards of directors of comScore (NASDAQ: SCOR) and RiceBran Technologies (NASDAQ: RIBT) and is an adviser to the board of directors of Park City Group (NASDAQ: PCYG).
“I am honored to be in the position of serving as chairman of the board of the company, and will work tirelessly with my colleagues on the Board to continue to build value for all of the Company’s stakeholders, including our shareholders, employees and customers,” Rosenthal said in a statement to Globe Newswire (http://nnw.fm/xKL9K).
Rosenthal joins new board of directors members Michael Durden, Itzhak Fisher, Thomas J. Pallack, Matthew Stecker and Thomas Thekkethala. On June 30, the company announced that Thomas J. Pallack and Mark Del Priore had been appointed as the company’s CEO and CFO, respectively. William Seagrave was named SITO Mobile’s COO.
“Tom, Bill and Mark are proven leaders with a broad range of experiences that are uniquely suited to the future of SITO’s business,” said Rosenthal. “We are thrilled to be working closely with them for the next phase of the company’s growth.”
Pallack has more than 30 years’ experience in sales, operations, finance and business development with global tech companies such as Oracle and Ariba. He co-founded SBV solutions, a software sales company, and has served as CEO and head of sales since 2005.
Seagrave previously directed sales, product and market strategies for global tech companies including Cisco, Oracle, Intel, and Baxter. He has extensive experience.
“The people and product offerings at SITO provide a strong foundation for growth and expansion,” Seagrave said in a press statement for Globe Newswire. “The business is well-positioned for its next stage of development in the technology landscape.”
For more information, visit www.SITOMobile.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
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Thursday, July 20, 2017
5 Standout Legal Cannabis Companies Worthy of Consideration
NetworkNewsWire Editorial Coverage: The legal marijuana market continues to gain momentum, driven by increasing public acceptance and an increasing number of investors looking for viable opportunities on a crowded playing field. According to a recent Gallup poll1, 60 percent of Americans now support the legalization of marijuana. As the playing field continues to grow in diversification and size, some of the most recognizable and frequently seen names are ChineseInvestors.com, Inc. (CIIX) (CIIX Profile), Terra Tech Corp. (TRTC), Medical Marijuana, Inc. (MJNA), Marijuana Company of America, Inc. (MCOA) and CV Sciences, Inc. (CVSI).
The market presence of ChineseInvestors.com, Inc. (CIIX) is increasing significantly as the company continues to diversify its entry points into the cannabis space. CIIX aims to become the world’s leading publicly traded Chinese medical cannabis company and is focused on investing in the distribution and R&D of cannabidiol-based (CBD) health products and medicines to Chinese-speaking customers throughout the world.
Though marijuana is currently illegal in China, cannabis-based oils are not, which gives CIIX prime access to a market of almost 2 billion customers in China. Additionally, CIIX is expanding its footprint to other countries, having recently incorporated CBD Biotechnology Inc. in British Columbia, Canada. This subsidiary will focus on R&D and distribution of health products that include hemp-based CBD, food and beverage items in Canada.
Recently, CIIX released (http://nnw.fm/w3pbB) news that its wholly owned Chinesehempoil.com, Inc. subsidiary will now officially accept bitcoin payments, enabling customers purchasing hemp-based health products, foods and beverages to use bitcoin alongside other more common payment methods like PayPal and credit cards. This will enable cannabis customers to complete non-cash transactions in countries with government restrictions in place that limit banking options for cannabis businesses, like the United States.
CIIX is additionally readying its first retail store to open for business in the primarily Chinese community of San Gabriel, California. This store will be among the first to offer CIIX’s new OptHemp health product line, which includes the company’s first private label product, OptHemp Ultra Premium Hemp Oil. OptHemp has been launched by Chinesehempoil.com and is crafted using a formula that has been optimized for management of inflammation and pain. It is GMO-free and is grown in organic farms in Colorado using a CO2 extraction technology.
The December 2016 launch of the ChineseCBDoil.com website in the free-trade zone of Shanghai, China, was another CIIX milestone. This site is the first CBD health products online store to be offered in the Chinese language, and, alongside its launch, the company additionally introduced the first Chinese language Yelp-style social media app, which offers a database of cannabis dispensaries and marijuana strains along with a platform for reviewing and discussing cannabis products, maps of dispensary locations and more. The app has been approved by the Apple store.
A May 2017 research report issued by Consilium Global Research (http://nnw.fm/a13sJ) projected that CIIX will grow at a CAGR of about 100 percent through 2020 and that the company will attain revenues of $14.8 million by fiscal year 2020, while the underlying market is expected to grow at a rate of 80 percent.
Another promising legal cannabis play is Terra Tech Corp. (TRTC), a vertically integrated agriculture company with multiple subsidiaries in the medical cannabis space. The company’s focus is on consistently cultivating and providing high-quality medical marijuana to qualified, registered medical marijuana establishments while furthering researching in the medical cannabis industry to eventuate the cultivation and cross-breeding of marijuana strains that can treat various ailments. Terra Tech is uniquely positioned to operate safe and successful medical marijuana cultivation facilities throughout the United States as cannabis use approval advances across the country. The company recently received its Dual Use Marijuana business licenses from the state of Nevada, enabling its four Blüm cannabis dispensaries in that state to begin adult-use cannabis sales.
Medical Marijuana, Inc. (MJNA) is distinguished as the first company to have made hemp-based CBD products available in the U.S. and globally, having found legal means of offering these products in the U.S. despite federal restrictions on cannabis. MJNA is providing high-quality cannabis-derived products that feature non-psychoactive cannabinoids like CBD, which boasts various potential health applications independent of reliance on tetrahydrocannabinol (THC). Going outside the U.S. to grow low-THC varieties of cannabis (hemp), MJNA offers CBD hemp oil from carefully cultivated hemp plants and imports it into the U.S. CBD hemp oil is fully legal in the U.S. and is non-psychoactive, containing a full spectrum of phytocannabinoids and high CBD content with almost no THC. MJNA’s products include pure CBD oil, oil capsules, oil chewing gum, oil tinctures, sprays and liquids, as well as CBD vaporizers, vape oil, vaporizer pens, and hemp oil body care. In addition to MJNA’s success in offering legal hemp-based CBD products in the U.S., the company has also broken into markets in Mexico, Brazil and Europe. The first office for MJNA’s subsidiary, HempMeds Mexico, opened in Monterrey, Nuevo Leon, Mexico in June 2017.
Marijuana Company of America (MCOA) markets and distributes hemp to provide investors an opportunity to be at the forefront of cannabis and hemp innovation, cultivation, processing and distribution. MCOA’s focus is on producing a diverse portfolio of synergistic companies that deliver value to shareholders. The company’s vertically integrated business model has ideally positioned it and its partners for rapid growth. MCOA’s portfolio of brands, investments and joint ventures includes hempSMART, Club Harmoneous, Bougainville, GateC Research, and MoneyTrac Technology.
Another interesting marijuana play, CV Sciences, Inc. (CVSI), operates two distinct business segments: a drug development division focused on the development and commercialization of novel therapeutics using synthetic CBD; and a consumer product division that manufactures, markets and sells plant-based CBD products. The company’s pharmaceutical division is focused on developing synthetically formulated CBD-based medicines and is pursuing FDA approval for drugs that have specific indications utilizing CBD as the active pharmaceutical ingredient. The company has achieved promising preclinical results in developing CBD medicines for the treatment of a variety of medical conditions, with its pipeline currently including CVSI-007 to support the cessation of smokeless tobacco use and addiction. The company’s consumer products include PlusCBD Oil and Purified Liquids.
For investors seeking action in the legal marijuana market, the named companies offer the chance to participate in an interesting array of industry niches, making the case for further due diligence and market research.
Editorial Sources:
(1) Gallup http://nnw.fm/Cq0ZA
(2) Arcview http://nnw.fm/HWqF6
For more information on ChineseInvestors.com please visit: ChineseInvestors.com (CIIX) or www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@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
The market presence of ChineseInvestors.com, Inc. (CIIX) is increasing significantly as the company continues to diversify its entry points into the cannabis space. CIIX aims to become the world’s leading publicly traded Chinese medical cannabis company and is focused on investing in the distribution and R&D of cannabidiol-based (CBD) health products and medicines to Chinese-speaking customers throughout the world.
Though marijuana is currently illegal in China, cannabis-based oils are not, which gives CIIX prime access to a market of almost 2 billion customers in China. Additionally, CIIX is expanding its footprint to other countries, having recently incorporated CBD Biotechnology Inc. in British Columbia, Canada. This subsidiary will focus on R&D and distribution of health products that include hemp-based CBD, food and beverage items in Canada.
Recently, CIIX released (http://nnw.fm/w3pbB) news that its wholly owned Chinesehempoil.com, Inc. subsidiary will now officially accept bitcoin payments, enabling customers purchasing hemp-based health products, foods and beverages to use bitcoin alongside other more common payment methods like PayPal and credit cards. This will enable cannabis customers to complete non-cash transactions in countries with government restrictions in place that limit banking options for cannabis businesses, like the United States.
CIIX is additionally readying its first retail store to open for business in the primarily Chinese community of San Gabriel, California. This store will be among the first to offer CIIX’s new OptHemp health product line, which includes the company’s first private label product, OptHemp Ultra Premium Hemp Oil. OptHemp has been launched by Chinesehempoil.com and is crafted using a formula that has been optimized for management of inflammation and pain. It is GMO-free and is grown in organic farms in Colorado using a CO2 extraction technology.
The December 2016 launch of the ChineseCBDoil.com website in the free-trade zone of Shanghai, China, was another CIIX milestone. This site is the first CBD health products online store to be offered in the Chinese language, and, alongside its launch, the company additionally introduced the first Chinese language Yelp-style social media app, which offers a database of cannabis dispensaries and marijuana strains along with a platform for reviewing and discussing cannabis products, maps of dispensary locations and more. The app has been approved by the Apple store.
A May 2017 research report issued by Consilium Global Research (http://nnw.fm/a13sJ) projected that CIIX will grow at a CAGR of about 100 percent through 2020 and that the company will attain revenues of $14.8 million by fiscal year 2020, while the underlying market is expected to grow at a rate of 80 percent.
Another promising legal cannabis play is Terra Tech Corp. (TRTC), a vertically integrated agriculture company with multiple subsidiaries in the medical cannabis space. The company’s focus is on consistently cultivating and providing high-quality medical marijuana to qualified, registered medical marijuana establishments while furthering researching in the medical cannabis industry to eventuate the cultivation and cross-breeding of marijuana strains that can treat various ailments. Terra Tech is uniquely positioned to operate safe and successful medical marijuana cultivation facilities throughout the United States as cannabis use approval advances across the country. The company recently received its Dual Use Marijuana business licenses from the state of Nevada, enabling its four Blüm cannabis dispensaries in that state to begin adult-use cannabis sales.
Medical Marijuana, Inc. (MJNA) is distinguished as the first company to have made hemp-based CBD products available in the U.S. and globally, having found legal means of offering these products in the U.S. despite federal restrictions on cannabis. MJNA is providing high-quality cannabis-derived products that feature non-psychoactive cannabinoids like CBD, which boasts various potential health applications independent of reliance on tetrahydrocannabinol (THC). Going outside the U.S. to grow low-THC varieties of cannabis (hemp), MJNA offers CBD hemp oil from carefully cultivated hemp plants and imports it into the U.S. CBD hemp oil is fully legal in the U.S. and is non-psychoactive, containing a full spectrum of phytocannabinoids and high CBD content with almost no THC. MJNA’s products include pure CBD oil, oil capsules, oil chewing gum, oil tinctures, sprays and liquids, as well as CBD vaporizers, vape oil, vaporizer pens, and hemp oil body care. In addition to MJNA’s success in offering legal hemp-based CBD products in the U.S., the company has also broken into markets in Mexico, Brazil and Europe. The first office for MJNA’s subsidiary, HempMeds Mexico, opened in Monterrey, Nuevo Leon, Mexico in June 2017.
Marijuana Company of America (MCOA) markets and distributes hemp to provide investors an opportunity to be at the forefront of cannabis and hemp innovation, cultivation, processing and distribution. MCOA’s focus is on producing a diverse portfolio of synergistic companies that deliver value to shareholders. The company’s vertically integrated business model has ideally positioned it and its partners for rapid growth. MCOA’s portfolio of brands, investments and joint ventures includes hempSMART, Club Harmoneous, Bougainville, GateC Research, and MoneyTrac Technology.
Another interesting marijuana play, CV Sciences, Inc. (CVSI), operates two distinct business segments: a drug development division focused on the development and commercialization of novel therapeutics using synthetic CBD; and a consumer product division that manufactures, markets and sells plant-based CBD products. The company’s pharmaceutical division is focused on developing synthetically formulated CBD-based medicines and is pursuing FDA approval for drugs that have specific indications utilizing CBD as the active pharmaceutical ingredient. The company has achieved promising preclinical results in developing CBD medicines for the treatment of a variety of medical conditions, with its pipeline currently including CVSI-007 to support the cessation of smokeless tobacco use and addiction. The company’s consumer products include PlusCBD Oil and Purified Liquids.
For investors seeking action in the legal marijuana market, the named companies offer the chance to participate in an interesting array of industry niches, making the case for further due diligence and market research.
Editorial Sources:
(1) Gallup http://nnw.fm/Cq0ZA
(2) Arcview http://nnw.fm/HWqF6
For more information on ChineseInvestors.com please visit: ChineseInvestors.com (CIIX) or www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@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
Wednesday, July 19, 2017
American Energy Partners, Inc. (XFUL) Synergistic Subsidiaries Extracting Value at the Nexus of Water and Oil & Gas
- Synergistic subsidiaries
- Awaiting approval of water treatment patent application
- Augmented management team
Although water covers 70 percent of the Earth’s surface and is its most abundant resource, the five-year drought in California and the recent water crisis in Flint, Michigan, show that our reserves are ever under threat. With this in mind, it’s nice to know that supplies of the precious commodity for household, industrial, and agricultural use are not being taken for granted. Converde Energy USA, Inc., d/b/a American Energy Partners Inc. (OTC: XFUL), has developed water treatment technology that is in the final stages of the patent process. In addition, the company’s three divisions cleverly catalyze each other, providing the synergy for growth. With its newly augmented management team and synergistic subsidiaries, Converde Energy’s imminent name change to American Energy Partners signals the company’s strengthened position and developing momentum.
The Ancient Mariner lamented, “Water, water, everywhere, nor any drop to drink.” That is because most of it (about 97 percent) is in the oceans and too salty for drinking, growing crops, or many other human uses. Much of the other three percent is unavailable, since it is held in the ice caps of Antarctica and Greenland or in deep underground aquifers where, for most practical purposes, it is inaccessible to us. Therefore, only about one percent of the Earth’s fresh water, in rivers, lakes and accessible groundwater resources, can be tapped for human use. A lot of that, unfortunately, needs a great deal of filtration and sanitization before it’s usable.
However, XFUL is already on the job and, as an example of the kind of job the company can do, a recent press release (http://nnw.fm/x63BH) sheds a revealing light. XFUL announced it was collaborating with the Eastern Pennsylvania Coalition for Abandoned Mine Reclamation (EPCAMR) and the Susquehanna River Basin Commission (SRBC) in a multi-phase study of the Mocanaqua Abandoned Mine Drainage (AMD) Tunnel. The project is designed to test the viability and safety of releasing “the millions of gallons of treated mine influenced water during low flow conditions into the local watershed that feeds the Susquehanna River in Pennsylvania”. The Mocanaqua AMD Tunnel holds a significant pool of isolated mine water thought to exceed 500 billion gallons.
The company’s Gilbert unit (Gilbert Oil & Gas Company) continues the search for such opportunities, leveraging its broad industry valuation experience to develop partnerships with companies operating in the oil and gas space, with the emphasis on positive cash flow. XFUL’s other two subsidiaries, Hydration Company of PA (HCPA) and American Energy Solutions (AES), have a broader remit, however. Their potential markets extend far beyond oil and gas, as their services can be offered to municipalities, factories, and farming, power production and other industrial concerns. Gilbert’s activities are likely to seed the growth of HCPA and AES, since Gilbert could be their customer. This synergy is set to bootstrap XFUL on its way to becoming fully integrated and operational.
At Gilbert’s helm is newly-appointed President Josh Hickman, who will also sit on XFUL’s board. Hickman, an oil and gas exploration geologist, is a tested deal finder and dealmaker with a solid track record of closing deals. He brings over 15 years’ experience in the oil and gas industry to the XFUL team, with stints at Consol Energy, Cabot Oil and Gas, Edgemarc Energy Holdings and Dahlmont Energy Resources under his belt. He is also the founder of Hickman Geological Consulting, which specializes in applying the principles of technical data and financial understanding to growth businesses in the oil and gas space.
For more information, visit the company’s website at www.AmericanEnergy-Inc.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
- Awaiting approval of water treatment patent application
- Augmented management team
Although water covers 70 percent of the Earth’s surface and is its most abundant resource, the five-year drought in California and the recent water crisis in Flint, Michigan, show that our reserves are ever under threat. With this in mind, it’s nice to know that supplies of the precious commodity for household, industrial, and agricultural use are not being taken for granted. Converde Energy USA, Inc., d/b/a American Energy Partners Inc. (OTC: XFUL), has developed water treatment technology that is in the final stages of the patent process. In addition, the company’s three divisions cleverly catalyze each other, providing the synergy for growth. With its newly augmented management team and synergistic subsidiaries, Converde Energy’s imminent name change to American Energy Partners signals the company’s strengthened position and developing momentum.
The Ancient Mariner lamented, “Water, water, everywhere, nor any drop to drink.” That is because most of it (about 97 percent) is in the oceans and too salty for drinking, growing crops, or many other human uses. Much of the other three percent is unavailable, since it is held in the ice caps of Antarctica and Greenland or in deep underground aquifers where, for most practical purposes, it is inaccessible to us. Therefore, only about one percent of the Earth’s fresh water, in rivers, lakes and accessible groundwater resources, can be tapped for human use. A lot of that, unfortunately, needs a great deal of filtration and sanitization before it’s usable.
However, XFUL is already on the job and, as an example of the kind of job the company can do, a recent press release (http://nnw.fm/x63BH) sheds a revealing light. XFUL announced it was collaborating with the Eastern Pennsylvania Coalition for Abandoned Mine Reclamation (EPCAMR) and the Susquehanna River Basin Commission (SRBC) in a multi-phase study of the Mocanaqua Abandoned Mine Drainage (AMD) Tunnel. The project is designed to test the viability and safety of releasing “the millions of gallons of treated mine influenced water during low flow conditions into the local watershed that feeds the Susquehanna River in Pennsylvania”. The Mocanaqua AMD Tunnel holds a significant pool of isolated mine water thought to exceed 500 billion gallons.
The company’s Gilbert unit (Gilbert Oil & Gas Company) continues the search for such opportunities, leveraging its broad industry valuation experience to develop partnerships with companies operating in the oil and gas space, with the emphasis on positive cash flow. XFUL’s other two subsidiaries, Hydration Company of PA (HCPA) and American Energy Solutions (AES), have a broader remit, however. Their potential markets extend far beyond oil and gas, as their services can be offered to municipalities, factories, and farming, power production and other industrial concerns. Gilbert’s activities are likely to seed the growth of HCPA and AES, since Gilbert could be their customer. This synergy is set to bootstrap XFUL on its way to becoming fully integrated and operational.
At Gilbert’s helm is newly-appointed President Josh Hickman, who will also sit on XFUL’s board. Hickman, an oil and gas exploration geologist, is a tested deal finder and dealmaker with a solid track record of closing deals. He brings over 15 years’ experience in the oil and gas industry to the XFUL team, with stints at Consol Energy, Cabot Oil and Gas, Edgemarc Energy Holdings and Dahlmont Energy Resources under his belt. He is also the founder of Hickman Geological Consulting, which specializes in applying the principles of technical data and financial understanding to growth businesses in the oil and gas space.
For more information, visit the company’s website at www.AmericanEnergy-Inc.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
ChineseInvestors.com (CIIX) Eyes Expansion in CBD Markets throughout North America
- Sees opportunities in the fast-growing international medical marijuana market
- Plans store opening in San Gabriel, California, with online hemp-based product store already in Shanghai, China, targeting the global Chinese-speaking community
- Consilium Global Research projects that company revenues will reach $14.8 million by FY2020
ChineseInvestors.com, Inc. (OTCQB: CIIX) is employing a strategy of selling cannabidiol (CBD) in North America. It plans for a brick-and-mortar store in San Gabriel, California, as well as recently incorporating CBD Biotechnology, Inc., in British Columbia, Canada. It also has an online CBD store with hemp-based products located in the free trade zone of Shanghai, China, designed to serve the global Chinese-speaking population.
CIIX offers educational and consulting services to the Chinese community. Most recently, it has been pursuing the hemp oil-based industry through its online store, its planned California unit, and now the corporation formation in Canada. The goal of the company is to be the leading Chinese publicly-traded nutritional company. CIIX is projected to reach eight-figure revenues by FY2020, according to a SeeThruEquity research report (http://nnw.fm/27PnD), and it is still working its core, high-margin investor relations business within the Chinese-speaking market.
However, its expansion into Canada illustrates that CIIX is eyeing, in addition to hemp-based nutritional products, opportunities in the medical marijuana market. Warren Wang, founder and chief executive officer of CIIX, said the incorporation of CBD Biotechnology in Canada is a “promising step forward” toward the company’s goals of entering the medical marijuana industry. He noted that there are nearly one million Chinese in Canada.
Investor relations and subscription levels continue to grow, the SeeThruEquity report noted, giving CIIX a foothold within the Chinese-speaking community. A research report by Consilium Global Research (http://nnw.fm/U2Zvi) added that CIIX’s intimate knowledge and penetration of the native Chinese market in the U.S. and globally, “makes for an enormous and niche opportunity.” It projects company sales reaching $14.8 million by FY2020.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
- Plans store opening in San Gabriel, California, with online hemp-based product store already in Shanghai, China, targeting the global Chinese-speaking community
- Consilium Global Research projects that company revenues will reach $14.8 million by FY2020
ChineseInvestors.com, Inc. (OTCQB: CIIX) is employing a strategy of selling cannabidiol (CBD) in North America. It plans for a brick-and-mortar store in San Gabriel, California, as well as recently incorporating CBD Biotechnology, Inc., in British Columbia, Canada. It also has an online CBD store with hemp-based products located in the free trade zone of Shanghai, China, designed to serve the global Chinese-speaking population.
CIIX offers educational and consulting services to the Chinese community. Most recently, it has been pursuing the hemp oil-based industry through its online store, its planned California unit, and now the corporation formation in Canada. The goal of the company is to be the leading Chinese publicly-traded nutritional company. CIIX is projected to reach eight-figure revenues by FY2020, according to a SeeThruEquity research report (http://nnw.fm/27PnD), and it is still working its core, high-margin investor relations business within the Chinese-speaking market.
However, its expansion into Canada illustrates that CIIX is eyeing, in addition to hemp-based nutritional products, opportunities in the medical marijuana market. Warren Wang, founder and chief executive officer of CIIX, said the incorporation of CBD Biotechnology in Canada is a “promising step forward” toward the company’s goals of entering the medical marijuana industry. He noted that there are nearly one million Chinese in Canada.
Investor relations and subscription levels continue to grow, the SeeThruEquity report noted, giving CIIX a foothold within the Chinese-speaking community. A research report by Consilium Global Research (http://nnw.fm/U2Zvi) added that CIIX’s intimate knowledge and penetration of the native Chinese market in the U.S. and globally, “makes for an enormous and niche opportunity.” It projects company sales reaching $14.8 million by FY2020.
For more information, visit the company’s website at www.ChineseInvestors.com
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides to users (1) access to our news aggregation and syndication servers, (2) enhanced press release services, and (3) a full array of social 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.
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
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