ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) Attains $43M in Capital, Plans Significant Production Capacity Increase

  • Aaron Keay, CEO, says plans set for greater production capacity and strategy for global distribution in emerging markets
  • Expansion of ABcann’s Vanluven facility underway, along with construction of the company’s 150,000 sq. ft. Kimmett facility
  • Napanee, Ontario-based firm uses proprietary plant-growing technology and is pursuing opportunities in Australia and Germany

ABcann Global Corp. (TSX.V: ABCN) (OTCQB: ABCCF) achieved working capital of $43 million from multiple financings, including private placements and strategic partnerships, during the six months ended June 30, 2017, it announced on August 29 (http://nnw.fm/Wk1ly).

ABcann manufactures and distributes medical cannabis under a license issued by Health Canada to a wholly-owned subsidiary of the company, ABcann Medicinals, Inc.  It is currently expanding and constructing facilities to grow more product, in addition to exploring other opportunities of multiple delivery vehicles.

The company specializes in growing cannabis within environmentally controlled chambers which can monitor and control all variables. The result is organically grown and pesticide-free plants that are featured in products boasting consistent quality standards.

“ABcann’s first quarter as a publicly traded issuer was a successful one, leading to the company having over $40 million in current working capital,” CEO Aaron Keay noted in a news release. “With our strong cash position, ABcann expects to significantly increase production capacity in 2018 while pursuing our aggressive construction and expansion timelines at both Vanluven and Kimmett.”

For the three months ended June 30, 2017, ABcann recorded revenues of C$264,319, as compared to $21,465 for the same period last year. For the six months ended June 30, 2017, revenues were $436,802, as compared to $21,840 for the comparable period in 2016.

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

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LottoGopher Holdings (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) Hails the Success of its Subscription-Based Model

  • LottoGopher offers a subscription-based messenger service for purchasing and managing California lottery tickets
  • The U.S. lottery industry is valued at $70 billion, and California’s stands at $6.3 billion
  • The company plans to expand to 22 additional states and expects to grow its revenue to $50 million in the coming years

LottoGopher Holdings Inc. (OTCQB: LTTGF) (CSE: LOTO) (FRA: 2LG) provides subscription messenger services to consumers in California who purchase lottery tickets. The company has succeeded with subscription-based products, offering flexible, scalable services to the tens of millions of U.S. consumers who buy lottery tickets.

The benefits of subscription models, stated in a recent industry article (http://nnw.fm/S44fL), include having an array of bundled services available at a single monthly rate. Features and offerings can be adapted to address consumer sentiment. The increase in conversions is another benefit to LottoGopher, as its testing phase revealed website visitors responded favorably – 43 percent of those who followed the email sign-up process became members and 12 percent of free plan members signed up for paid plans. These results reveal LTTGF’s market and growth potential. The company is currently “live” in California and plans to expand to 22 additional states. By 2020, LottoGopher projects revenue close to $50 million driven by demand in the $70 billion U.S. lottery industry. California’s lottery market currently stands at $6.3 billion.

LottoGopher’s idea has caught on. Its concept has been featured on CNN, NBC, ABC, CBS News, and Fox News. Time, Forbes, and the Los Angeles Times have also recognized the company. Recent growth in subscription numbers reflects the convenience offered to members, who can pay via debit and credit card, as well as bitcoin and ethereum, automatically every month. The trade-off is a supply of lottery tickets that members can manage through their secure accounts.

In a recent audio interview, LottoGopher president and CEO James Morel (http://nnw.fm/P1BPg) explained that LTTGF’s website is the first to let consumers use debit or credit cards online to buy lottery tickets, eliminating the need to travel to stores to make lottery purchases. Creating this third-party solution was practical, because it is primarily a messenger, affording access to state-run lotteries and consortiums such as Powerball and Mega Millions, instead of a gambling site. The customer-friendly, compliant system operates on a familiar subscription model similar to Netflix, so the company has built its system on best practices borrowed from other industries. Its model was inspired by leading subscription service providers such as Amazon.com, Inc.; Adobe Systems, Inc.; and Salesforce.com, Inc.

Morel also notes that the company set out to offer what the California lottery did not provide. He highlights the benefits of partnering with an industry expert, LottoLand, which is the largest online betting company outside the U.S. The partnership makes LottoLand shareholders in the company, with Lloyd Lemmon (LottoLand’s general council) on LTTGF’s board. Its partner has been in business since 2013 and has revenues of €500 million. Although it doesn’t sell software, music, video, or software subscriptions, LottoGopher Holdings has secured itself in a key niche market.

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

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Lexaria Bioscience Corp.’s (CSE: LXX) (OTCQB: LXRP) Technology Targets Many Massive Markets

  • Technology that improves bio-absorption and bio-availability
  • Bioactive compound delivery system with application across a range of drugs
  • Revenue streams from out-licensing

The word in culinary circles is that where there is fat, there is flavor. That’s because fats (there are several different kinds) have a matchless ability to absorb and preserve flavors. Fats belong to a class of compounds called lipids, which the human digestive system absorbs remarkably efficiently. This characteristic makes them ideal for pairing with hard to digest remedials and tonics. Taking a leaf, perhaps, from haute cuisine, this is exactly what Lexaria Bioscience Corp. (CSE: LXX) (OTCQB: LXRP) is doing. The innovative biotech has developed a lipid-based system that delivers bioactive compounds more efficiently. The patented proprietary technology, which the company plans to out-license, not only augments bio-absorption and bioavailability but also improves taste, smell and onset of action.

Lexaria’s novel technology, DehydraTECH™, ticks all these boxes by infusing the molecules of organically sourced hemp oil, high in cannabidiol (CBD), inside the molecules of lipids. Lipids seem a natural choice, since the human endocannabinoid system is itself lipid-based. Using them as a vehicle for delivering cannabinoids in curatives results in more absorption, less waste and, just as importantly, fewer side effects (http://nnw.fm/7Yuym). With DehydraTECH, a little hemp oil goes a long way, improving the healthful benefits and, of course, saving money.

Lexaria has already applied this innovative delivery technology to its product line, which consists of three distinct brands: ViPova, Lexaria Energy and TurboCBD. ViPova is a delicious Chinese black tea from the province of Yunnan, made from hemp oil-infused within dried evaporated non-fat milk. Introduced in January 2015, the tea is available in a host of varieties and flavors. The Lexaria Energy line is meant for those with busy, active lifestyles. Under this brand, the company has launched a hemp oil-infused protein bar called the Lexaria Energy Bar, which, as its name suggests, provides reserves of energy to boost stamina. In addition, there is Lexaria’s TurboCBD, a brand of technologically enhanced, high absorption hemp oil capsules that came to market in March 2017. TurboCBD’s cannabinoid content is fortified with high-quality American ginseng and ginkgo biloba for support of enhanced focus and memory, along with reduced stress and fatigue.

However, as will be apparent, the DehydraTECH process is not restricted to delivering cannabinoids alone. It can be used to improve the delivery of other cannabinoids (apart from CBD) as well as vitamins, non-steroid anti-inflammatory drugs (NSAIDs) and nicotine. This puts Lexaria in the enviable position of being a natural partner to cannabinoid biotech companies and an enabler rather than a competitor. Moreover, at present, Lexaria is the only company in the world that has been awarded a patent for the improved delivery (oral or ingestible, including pills) of all non-psychoactive cannabinoids. Patents have been awarded in the U.S. and Australia and are pending in 40 more countries. This puts the company in the unusually advantageous position of owning proprietary technology that can deliver a vast range of non-psychoactive cannabinoid-based drugs.

Lexaria’s partnership potential is worth taking notice of as landmark M&A deals continue to shape Big Pharma (http://nnw.fm/sJ1Qw). Its delivery technology has applications in some giant markets. As the referenced article notes, “According to biotech analysis firm EvaluatePharma, the global market for NSAIDs was valued at $11.4 billion in 2014. Meanwhile, the global market for vitamins is on course to reach $9.3 billion by 2020, the market for alternative nicotine delivery technologies is at an all-time high following recent FDA proposals, and consumer sales of cannabinoids are expected to reach $2.1 billion by 2020. All told, the market potential for Lexaria’s flagship platform could be huge.”

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

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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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NetworkNewsBreaks – Top 10 Mid-day Percentage Gainers on September 25, 2017

Here is a list of stocks shaking up the markets today, with particular focus on NASDAQ and OTC small caps. The top gainers based on percentage:

IPCI 11.31% – News: Provides update on Rexista™ program; law firm posts reminder of class action suit

TUES 8.33% – News: Confirms receipt of director nominations from Jeereddi II, LP

RCON 7.71% – News: Secures contracts totaling approximately RMB 6.1M

JAGX 7.07% – News: Napo subsidiary enters agreement with Glenmark Pharmaceuticals

CLNT 6.42% – News: EC Power subsidiary provides mobile power charger rental services in Hong Kong and Macau

KSIX 5.13% – News: Names new members of board of directors, launches corporate website

PDLI 5.05% – News: Board of directors authorizes new $25M share repurchase program

OTCM 4.49% – News: Presenting at the OTCQX® Virtual Investor Conference on October 5

STAF 4.17% – News: Hosting conference call on September 27

INFI 2.63% – News: Expands clinical collaboration with Bristol-Myers Squibb

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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.

For more information please visit https://www.NetworkNewsWire.com

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NetworkNewsBreaks – Aradigm Corp.’s (NASDAQ: ARDM) NDA for Linhaliq Accepted For Filing With Priority Review Status By FDA; Shares Surge

Shares of Aradigm (NASDAQ: ARDM) are up 26% after the company this morning said its New Drug Application (NDA) for Linhaliq™ for the treatment of non-cystic fibrosis bronchiectasis (NCFBE) patients with chronic infections with Pseudomonas aeruginosa (P. aeruginosa) has been accepted for filing with Priority Review by the U.S. Food and Drug Administration (FDA). Priority Review advances the FDA review of the application more quickly than a standard review. The company’s PDUFA (Prescription Drug User Fee Act) goal date for completion of the FDA review is January 26, 2018. “We look forward to working with the FDA during the review process to support approval of Linhaliq and provide a much needed treatment for NCFBE patients with chronic lung infection with P. aeruginosa,” Aradigm chief executive officer Dr. Igor Gonda stated in the news release.

To view the full press release, visit: http://nnw.fm/1RRrp

About Aradigm

Aradigm is an emerging specialty pharmaceutical company focused on the development and commercialization of drugs for the prevention and treatment of severe respiratory diseases. Aradigm has completed two phase 3 clinical trials with Linhaliq, an investigational proprietary formulation of ciprofloxacin for inhalation, for the treatment of NCFBE and submitted a New Drug Application to the FDA for this indication. Aradigm’s inhaled ciprofloxacin formulations, including Linhaliq, are also product candidates for treatment of patients with cystic fibrosis and non-tuberculous mycobacteria (NTM), and for the prevention and treatment of high threat and bioterrorism infections, such as inhaled tularemia, pneumonic plague, melioidosis, Q fever and inhaled anthrax. For more information, visit www.aradigm.com.

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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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NetworkNewsBreaks – Interpace Diagnostics Group, Inc. (NASDAQ: IDXG) Launches New Molecular Lung Cancer Test

Interpace Diagnostics Group (NASDAQ: IDXG) shares are up 6% after the company this morning announced the launch of its new lung cancer test, MVPdX™. The test distinguishes the local recurrence of cancer versus new primary cancer formation. The company’s Medicare Administrative Carrier and many commercial carriers already cover the MVPdX test. “This represents a significant milestone for the company as we expand our menu to include an entirely new vertical line of business in lung assays using our already proven technology. We believe this initiative will further diversify our product offering while potentially providing for further expansion of our revenues,” Interpace Diagnostics president and CEO Jack E. Stover stated in the news release.

To view the full press release, visit: http://nnw.fm/8kuaV

About Interpace Diagnostics Group, Inc.

Interpace is a fully integrated commercial company that provides clinically useful molecular diagnostic tests and pathology services for evaluating risk of cancer by leveraging the latest technology in personalized medicine for better patient diagnosis and management. The company currently has three commercialized molecular tests; PancraGEN® for the diagnosis and prognosis of pancreatic cancer from pancreatic cysts; ThyGenX® for the diagnosis of thyroid cancer from thyroid nodules utilizing a next generation sequencing assay; and ThyraMIR® for the diagnosis of thyroid cancer from thyroid nodules utilizing a proprietary gene expression assay. Interpace’s mission is to provide personalized medicine through molecular diagnostics and innovation to advance patient care based on rigorous science. For more information, please visit Interpace’s website at www.interpacediagnostics.com.

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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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92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is “One to Watch”

  • Global demand for lithium, which is used in clean technology, is growing at 10%-plus per year
  • Annual global sales of lithium-ion batteries estimated to reach $93 billion by 2025
  • Exploration of Hidden Lake Project suggests discovery of massive, world-class lithium deposits
  • Three new properties in Canada add significant lithium-bearing assets to portfolio

92 Resources Corp. (TSX.V: NTY) (OTCQB: RGDCF) (FSE: R9G2) is a modern energy solutions company focused on acquiring and advancing strategic and prospective energy-related projects in Canada. Its three principal assets include the Hidden Lake Lithium Property in the Northwest Territories, the Pontax Lithium Property in Quebec, and the Golden Frac Sand Property in British Columbia.

Preliminary mineralogy work on samples taken of the Hidden Lake pegmatites indicate spodumene – the world’s richest source of lithium – is of a high quality and near the maximum theoretical limit. Scoping testwork saw an overall lithium extraction of 97 percent from the concentrate produced from these pegmatites, which means standard lithium extraction techniques can be applied, making the extraction of lithium easier and more cost effective.

92 Resources is focused on developing the lithium-rich resources located within its properties through open-pit mining and relatively straight-forward mineral processing procedures. Surface exploration programs that include prospecting, mapping and sampling of known spodumene-bearing pegmatites on the Hidden Lake property suggests the existence of one massive, interconnected body of pegmatite below the surface. Recent acquisitions of prospective hard-rock lithium properties in Quebec add to the company’s impressive and growing asset portfolio.

Recent acquisitions of prospective hard-rock lithium properties in Quebec add to the company’s impressive and growing asset portfolio. The properties, known as Corvette, Eastmain and Lac Du Beryl, consist of a combined 115 mineral claims totaling approximately 14,710 acres with confirmed pegmatite outcrops visible at each location. Some sampling has been completed at the Corvette property and shows spodumene crystals present, making this location a high priority for follow up work. Analytical results are pending on samples taken from known pegmatite outcrops visible at each property.

Lithium is a strategic, green metal used in batteries, electronics, electric vehicles, ceramics, alloys, lubricants and pharmaceuticals. The world market for electric vehicles, with China as its biggest customer, is exponentially growing as the demand for clean, renewable energy sources increases. A recent report by Grand View Research, Inc. places the lithium-ion battery market worldwide at $93 billion by 2025, with a compound annual growth rate of 17%.

92 Resources is led by an experienced management team and advisors with decades of expertise in market strategies, corporate development, mineral exploration and energy development. With an excellent team of professionals and promising mining projects, the company is well positioned to capitalize on the ever-rising demand for lithium.

For more information, visit the company’s website at www.92Resources.com

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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.

For more information please visit https://www.NetworkNewsWire.com

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