EVIO Inc. (EVIO) Appoints New Board Member, Aims to Strengthen Biosciences Division

  • New appointment expected to strengthen EVIO’s Biosciences division
  • Licensed cannabis sales expected to reach $21 billion by 2021 due to industry strengthening and legislative changes
  • U.S. administration signals shift on cannabis legalization, considers leaving leave the decision with each state

A leading provider of testing services for the regulated cannabis industry, EVIO Inc. (OTCQB: EVIO) announced the appointment of a new member to its board of directors on June 19, 2018. Felipe Campusano has joined the EVIO board as an independent director. Campusano has extensive experience in operating Canadian pharmacies, which could prove to be invaluable for the EVIO business environment, including the company’s new biosciences division (http://nnw.fm/I36fs).

A University of Toronto Faculty of Pharmacy graduate, Campusano has accumulated interest in over 50 Canadian pharmacies over the past 12 years. He is the founding partner of Liver Care Canada (current president) and Cannabis Care Canada. The second organization was renamed ‘National Access Cannabis Medical’ after 51 percent of the entity was sold to National Access Cannabis.

In a news release, EVIO CEO William Waldrop noted that Campusano’s insight into Canada’s pharmacy industry, as well as his knowledge of the medical cannabis sector, will prove invaluable to the EVIO business model. His expertise in pharmaceutical business management is expected to strengthen the company’s ability to foster key partnerships in the health care field.

The appointment is also expected to strengthen EVIO’s new biosciences division, which was launched at the end of May 2018. The biosciences division will support cannabinoid research, focusing on emerging health benefits and advanced delivery models. Both in vitro trials and clinical research will take place to explore combination drug therapeutics.

Both moves aim to strengthen EVIO’s position on the market. The Oregon-based company is a leading provider of cannabis testing and research, operating across North America via its EVIO Labs division to ensure both the safety and the high quality of the licensed cannabis supply in the country. Currently, the company is working toward having 18 testing facilities by the end of 2018.

These developments are in line with the evolution of the U.S. licensed cannabis industry. Even though marijuana remains illegal at the federal level, sales generated over the course of 2017 reached nearly $9 billion, according to BDS Analytics Managing Director Tom Adams, quoted by the CNN (http://nnw.fm/1avJK). These statistics were released before the opening of the California market in January 2018 – a development that’s expected to have a massive positive impact on the industry over the year. According to Adams, national sales are expected to jump to $9 billion in 2018 and to $21 billion by 2021, due to the addition of the Californian market.

Legislative changes are expected to help the growth of the industry even further. On June 8, President Donald Trump announced that he was likely to support a legislative proposal pertaining to cannabis legalization (http://nnw.fm/ZnoV8). The proposal, introduced by Senator Elizabeth Warren (D-MA) and Senator Cory Gardner (R-CO), suggests that it should be up to each individual state to decide on whether or not to legalize marijuana.

For the time being, marijuana is legal for medicinal or recreational purposes in 30 states and the District of Columbia. The new bill would enable the principle of federalism to prevail, Gardner explained. At present, a person distributing medicinal marijuana in Colorado, for example, is complying with state regulations while violating federal laws. The aim of the new bill is to overcome this dichotomy.

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

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Global Hemp Group, Inc. (CSE: GHG) (FRA: GHG) (OTC: GBHPF) Notes Rising Interest in Economic Potential of Industrial Hemp

  • U.S. legislation to legalize industrial hemp makes significant headway in Congress
  • Non-psychoactive cannabidiol (“CBD”) extracted from industrial hemp expected to become a $1 billion market by 2020
  • Industrial hemp increasingly seen as an economic boon for farmers seeking alternative agricultural revenue sources
  • Cash Crop Today Investor and Business Resource Summit delivers successful launch during U.S. Hemp History Week

Global Hemp Group Inc. (CSE: GHG) (OTC: GBHPF) (FRANKFURT: GHG) has a vision when it comes to industrial hemp – “One world, one plant.”  This seemingly simple statement about an ancient plant with so many beneficial uses is ringing true to investors, business owners and entrepreneurs. Global Hemp Group CEO Charles Larsen notes that rising interest in the value of industrial hemp could be seen at the first Cash Crop Today Investor and Business Resource Summit (“IBRS”), held June 8-9 in Beverly Hills, California.

Global Hemp Group recently acquired a 50 percent equity interest in Cash Crop Today Media, LLC (http://nnw.fm/oI7oN), which hosted the event that attracted various innovators in the industrial hemp and cannabis industries. Industrial hemp is used to make everything from apparel and foods to body care products and building materials, along with pharmaceutical and wellness products containing the non-psychoactive cannabidiol (“CBD”) extract.

“The first Investor and Business Resource Summit was a great success,” Larsen said in a news release heralding the summit that provided multiple perspectives from industry pioneers. “This was a unique opportunity to bring investors, entrepreneurs and business owners together to network and learn about the industry. We look forward to hosting the next IBRS later in the year.”

Held during U.S. Hemp History Week (June 4-10), the summit delivered intimate, in-depth discussions on licensing and permits, wholesale, distribution and financing options, as well as grounded advice for launching a prosperous business in the rapidly emerging industry. The event’s timing also coincided with legislative action taken on June 13 by the U.S. Senate Agriculture Committee. The 20-to-1 vote to endorse the Farm Bill, also known as the Agriculture Improvement Act of 2018 (http://nnw.fm/p0wAG), would move hemp out of its current Schedule I drug status and make it legal for the nation’s farmers to grow the versatile plant. While more legislative action is needed to move the bill through Congress, industry leaders are hopeful that it will be expedited, since the current version of the Farm Bill is set to expire on September 30.

It looks like the world of hemp in the U.S. is about to enter a new phase, and Global Hemp Group is making its mark in this exciting new sector (http://nnw.fm/9fzDB).

Global Hemp Group is creating a strong presence in the industrial hemp industry, both in the United States and Canada, as it focuses on corporate acquisitions and joint ventures across all sectors of the hemp industry. Global Hemp Group’s portfolio features networked “soil-to-shelf” businesses that share its commitment to revitalizing and strengthening hemp’s reputation as a valued agricultural resource.

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

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NetworkNewsBreaks – Consorteum Holdings, Inc. (CSRH) Targets Mounting Sports Betting Market

Software development and mobile solutions company Consorteum Holdings (OTC: CSRH) is poised to benefit from the effect of the Supreme Court’s ruling that could allow gambling on college and professional sports. An article discussing the company’s innovative platform reads: “Through subsidiary 359 Mobile, the company plans to release its first global sports app in 2018, serving Android and iOS devices. It was developed with DevLex Ltd., marking the first development since a joint business agreement between the companies was signed. … The app incorporates the technologies of the two companies, combining 359’s proprietary Universal Mobile Interface™ (“UMI”), with its advanced analytics, and DevLex’s Predictive Analysis Platform (“DV-PA”), which uses proprietary algorithms in real time. The stakes are high, with the American Gaming Association estimating illegal sports gaming in the U.S. at $150 billion annually (http://nnw.fm/k5g5B).”

To view the full article, visit http://nnw.fm/DdZ2K

About Consorteum Holdings, Inc.

Consorteum Holdings, Inc. is a mobile platform company focused on delivering compliant complex mobile-based transactions through a mix of partnerships, license agreements, and joint venture revenue share arrangements. The company is focused on FinTech, otherwise known as next-generation financial technology. Consorteum aims to capitalize on the broad variety of technological interventions into personal and commercial transactions by focusing its efforts and resources where it can leverage its expertise in direct and vertical based solutions. For more information, visit the company’s website at www.Consorteum.com.

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NetworkNewsBreaks – QMC Quantum Minerals Corp. (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) Sees Great Potential in Irgon Lithium Mine Project Amid Demand Surge

QMC Quantum Minerals (TSX.V: QMC) (OTC: QMCQF) (FSE: 3LQ) envisions a bright future for the potentially large resources it holds, such as its Irgon Lithium Mine Project. An article further discussing the company reads: “The British Columbia-based company is exploring the reserves at its Irgon Lithium Mine Project in Manitoba, a mine that was mothballed by previous owners despite its estimated 1.2 million tons of lithium oxide, since the very low lithium price at the time ($11-12/short ton in 1955) meant that the project was not an attractive investment. Over half a century later, the mine’s prospects couldn’t be any more different. Rising demand for lithium has raised the potential for QMC’s Irgon Lithium Mine to be a lucrative project.”

To view the full article, visit http://nnw.fm/SBZ2o

About QMC Quantum Minerals Corp.

QMC is a British Columbia based company engaged in the business of acquisition, exploration and development of resource properties. Its objective is to locate and develop economic precious, base, rare metal and resource properties of merit. The Company’s properties include the Irgon Lithium Mine project two VMS properties, the Rocky Lake and Rocky-Namew known collectively as the Namew Lake District Project. Currently, all of the company’s properties are located in Manitoba. For more information, visit the company’s website at www.QMCMinerals.com.

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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SEC to Conduct Town Hall Meeting Addressing Cryptocurrency Regulatory Issues at Blockchain World Conference

Blockchain World Conference will be held on July 11-13, 2018, at Harrah’s Resort Atlantic City Hotel & Casino. It will feature an SEC town hall meeting about cryptocurrency (http://ccw.fm/I7Mas). The meeting will address regulatory and compliance issues surrounding blockchain technology. A highlight of the July 12, 2:00 pm, meeting will be a Q&A session.

The conference is expected to host 120 exhibitors, 25,000 worldwide viewers via live stream and 3-1/2 days of blockchain and cryptocurrency networking. Plus, it will highlight industry awards and offer a compelling lineup of industry expert guest speakers.

Special 20% Off Discount

To save 20% on any ticket, including VIP and Live Stream, visit the following hyperlink: 20% OFF Blockchain World Conference (or enter the promo code CRYPTOWIRE20 on checkout).

For more information, visit: http://ccw.fm/bwc-event

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Medical Cannabis Payment Solutions (REFG) Diversifies Cannabis Industry Commitment with Recent Acquisitions

  • REFG acquires 40 acres of land in Utah to grow hemp, applies for state license
  • Company also buys SpeedyGrow, which is licensed to grow and process hemp in Colorado
  • REFG’s Green is an integrated gateway that is FinCEN compliant and creates a virtual banking environment for licensed cannabis providers, available for online sign up
  • Company has doubled down on its cannabis activities, both entering the cultivation and extraction space in Utah and offering Green to licensed cannabis merchants/ dispensaries

Medical Cannabis Payment Solutions Inc. (OTC: REFG) has diversified its commitment to the cannabis industry, as both a licensed grower and processor, while also marketing its financial system ‘Green’, which is designed to help licensed cannabis merchants and dispensaries create a safe and cashless environment for transactions.

REFG offers both licensed dispensaries and retail merchant clients ‘Green’, a financial processing system that creates a cashless digital world of banking. It offers cannabis merchants online signup and is fully FinCEN compliant. Additionally, the company is a first tier payment processor.

REFG has also acquired 40 acres of land to grow hemp in Utah and plans to seek a state license under the recently passed H.B. 302. That license will enable the company to grow industrial hemp as part of the state’s Department of Agriculture and Food licensing program (http://nnw.fm/ukZ3E). It has also acquired SpeedyGrow, a Wyoming-based company licensed to grow and process hemp in Colorado. At the same time, it bought SpeedyVeg, a proprietary soil nutrient designed to maximize plant yield. These activities represent an expansion of REFG’s footprint in the state-sanctioned cannabis space (http://nnw.fm/Ukpg8).

Utah’s legislature this year passed S.B. 130, the Cannabidiol Product Act, which permits the cultivation, production and possession of hemp. It also legalizes the sale and use of cannabidiol (CBD) products (http://nnw.fm/4iJ2D).

In a news release, Jeremy Roberts, CEO of REFG, said, “We weren’t initially anticipating entering this space. But after careful consideration, the opportunity to expand our footprint in the state-sanctioned cannabis space was too good of an opportunity for our shareholders to pass up.”

For more information, visit the company’s website at www.Take.Green

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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NetworkNewsBreaks – BLOCKStrain Technology Corp. (TSX.V: DNAX) Develops Safe, Dependable Blockchain Platform

BLOCKStrain Technology (TSX.V: DNAX) has developed a blockchain platform that can be trusted to provide both safety and reliability. An article discussing the company reads: “The BLOCKStrain platform aims to provide the integrity that the current system so sorely lacks. It goes further by ensuring product authenticity and IP protection, with a genetics verification process. Producers and marketers can take advantage of this novel methodology by submitting the lab results of tested samples to BLOCKStrain. Each time an item is tested and verified by the network, a registration affidavit is auto-generated and given a unique “BLOCKStrain Address,” along with a traceable QR Code. Producers, patients and consumers are able to not only verify the test but rate the product, write reviews and share opinions. These details are stored within BLOCKStrain and, like the test results, cannot be tampered with or modified. Both verification and certification are earned by all parties for their participation. Moreover, pre-existing data of genetic cannabis strains can be submitted to the BLOCKStrain verification administrators, and those results will be added to the user’s blockchain account.”

To view the full article, visit http://nnw.fm/NduJ8

About BLOCKStrain Technology Corp.

BLOCKStrain Technology Corp. has developed the first integrated blockchain platform that registers and tracks intellectual property for the cannabis industry. Strain protection and genetic identification are major issues for growers and breeders, and this new technology allows them to identify and secure rights to their valuable intellectual property (IP). The BLOCKStrain platform also streamlines the administrative process of genetic and mandatory quality control testing for legal cannabis, cutting the administrative time and expense in half. BLOCKStrain’s proprietary, immutable, cryptographically secure blockchain-technology establishes a global ‘single source of truth’ for cannabis strains, their ownership, potency and chemical makeup. For more information, visit the company’s website at www.BLOCKStrain.io.

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NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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