NetworkNewsBreaks – First Cobalt Corp. (TSX.V: FCC) (OTCQB: FTSSF) Holds Interests in Key Mineral Rights to a Region Rich with Potentia

Due to its unique properties that allow electric cars to extend range between charges, the demand for cobalt is expected to sky-rocket. It is projected that 75 percent of lithium-ion batteries will contain cobalt by 2020 (http://nnw.fm/K8M9u). First Cobalt (TSX.V: FCC) (OTCQB: FTSSF) is at the forefront of this demand and positioned as a global resource in rapidly assembling one of the world’s largest pure-play cobalt portfolios. A recent article highlights the company’s interests in a region ripe with potential stating, “The company holds interests in key mineral rights in a region that boasts historic production of 50 million pounds of cobalt and 600 million ounces of silver mined over a 60-year period. Cobalt is produced as a by-product of mining other metals like nickel, copper or, in this case, silver. First Cobalt’s location is easily accessible and has excellent infrastructure nearby. First Cobalt holds one of only four fully-permitted cobalt extraction refineries in Canada and, given deals in play, the company is likely to soon control over 10,000 hectares of prospective land and 50 historic mining operations in Canada.”

To view the full article, visit http://nnw.fm/HD7fz

About First Cobalt

First Cobalt’s objective is to create the largest pure-play cobalt exploration and development company in the world. Upon completion of the mergers with Cobalt One Ltd. and CobalTech Mining Inc., First Cobalt will control over 10,000 hectares of prospective land and 50 historic mining operations in the Cobalt Camp in Ontario, Canada as well as a mill and a permitted refinery facility. For more information, visit www.FirstCobalt.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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Marijuana Company of America (MCOA) Subsidiary Poised for Breakthrough with CBD-based Wellness Products

  • Global wellness market expected to grow by 17 percent through 2021
  • CBD-based products predicted to cause a major shift in this market
  • hempSMART has developed marketing strategy to maximize market penetration of CBD-based products

The worldwide wellness industry reached $3.7 trillion in 2016 and is expected to show annual growth of 17 percent through 2021, according to Women’s Marketing (http://nnw.fm/Z5kZR). Nutritional products and vitamin supplements form a sizeable portion of this market at the moment, with economists and industry experts predicting that the next major shift in the market will be triggered by CBD-based products. Marijuana Company of America, Inc. (OTC: MCOA), via its wholly-owned subsidiary hempSMART, is well positioned to take advantage of this industry growth through the development and marketing of innovative hemp-derived, CBD-based nutritional and wellness products.

Marijuana Company of America was established in 2015 by Don Steinberg and Charles Larsen, two people with extensive experience in the cannabis and industrial hemp industries. MCOA’s primary mission is to develop a diverse portfolio of subsidiary operations and establish strategic joint ventures with industry players while offering turnkey services to the legal cannabis and hemp industry.

Marijuana Company’s subsidiary, hempSMART™, was established to develop and market hemp-derived cannabinoid-based formulations with other natural ingredients. Committed to producing clinically validated products, the company is developing a distribution network for its products at competitive prices combined with convenient and discreet home delivery. It has established a unique hybrid affiliate marketing program as part of its strategy to accelerate market penetration and increase revenues.

hempSMART places a high priority on using the best quality extracts from hemp plants that are produced and processed to maximize cannabinoid concentration and potency. The company currently has two CBD-based products available for distribution. The first, hempSMART Brain (http://nnw.fm/y5WGz), contains clinically studied nootropic ingredients to help support healthy brain function, memory, focus and mental speed. Its other product, hempSMART Drops (http://nnw.fm/h5KqL), is created with CBD-infused hemp seed, fractionated coconut and other essential oils that allow for superior absorption and bioavailability.

In its short existence, hempSMART is well positioned and firmly focused on taking advantage of the continued strong demand and growth CBD-based wellness and nutritional products.

In recent developments, MCOA has concluded the financing of its joint venture with Bougainville Ventures, Inc., involving the cash financing of $800,000, 15 million shares and an equal share of equity and profits (http://nnw.fm/01xyE). Under the agreement, Marijuana Company will receive a 50 percent equity stake in the joint venture and 50 percent net profits from leasing the 30,000 square foot greenhouse facilities that Bougainville Ventures is building in Washington State. The facilities will house a tenant with an approved Tier 3, I-502 license that will enable it to grow and process legal marijuana in the State, with the BV-MCOA joint company acting solely as landlords. In September 2017, MCOA formed a joint venture with Global Hemp Group Inc. (OTC: GBHPF) (CSE: GHG) to develop an industrial hemp pilot program in New Brunswick, Canada, with the goal of this collaboration being the development of commercial cultivation as of 2018 (http://nnw.fm/4frRA).

For more information, visit the company’s website at www.MarijuanaCompanyofAmerica.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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Petroteq Energy Inc.’s (TSX.V: PQE) (OTCQX: PQEFF) Proposed Blockchain Platform May Reduce the $150B in Disputed Oil & Gas Transactions

  • Developing blockchain platform for oil & gas industry
  • About 9% of crude oil transactions are disputed
  • Distributed ledger technology may reduce transaction & resolution Costs

There are few sectors as large as the oil and gas industry, which by one account reached 48.7 billion barrels of oil equivalent (“BOE”) in 2016 (http://nnw.fm/O3SkO). Despite the depressed prices, revenues climbed to $1,205.6 billion in 2016. West Texas Intermediate (NYMEX WTI) which was trading at over $130 per barrel in 2008 never rose above its current price of $57.75 at any time during 2016. In such a mammoth market, the supply chains crisscrossing the globe are tracked by intricate agreements that span several jurisdictions. With such size and complexity, it is inevitable that contractual disputes arise, resulting in costly reconciliation and resolution procedures. A recent study from Deloitte (http://nnw.fm/aS74k) concluded that ‘around nine percent of crude oil transactions are disputed, which equates to around USD 150 billion each year.’

However, a new Blockchain platform to be developed by Petroteq Energy Inc. (TSX.V: PQE) (OTCQX: PQEFF), in conjunction with First Bitcoin Capital Corp. (OTC: BITCF), may mitigate some of those frictions. The two companies recently announced a co-development agreement, under which they will develop a new supply chain management platform to be used in the global oil and gas industry, based on advanced Blockchain technology (http://nnw.fm/XnNV8). The new platform is appropriately named Petrobloq.

Petroteq Energy is an oil & gas company focused on the development and implementation of proprietary technologies for the environmentally safe extraction of heavy oils from oil sands, oil shale deposits and shallow oil deposits. The company has developed a unique, environmentally-safe, continuous flow, closed loop technology… a first in North America and probably in the world… that requires no tailings ponds, which contain large quantities of toxic sludge resulting from petroleum extraction. Petroteq Energy was featured in two recent Network News Wire editorials: Blockchain to Enable Frictionless Transactions(http://nnw.fm/4AeOc) and Can Blockchain Technology Revolutionize the Global Oil & Gas Industry Supply Chain (http://nnw.fm/e8chR).

Although commonly associated with cryptocurrencies, Blockchain or distributed ledger technology potentially has many other uses because of its major characteristics. Most importantly, two parties attempting to enter into a transaction will very often know nothing of each other. Consequently, they will typically rely on a trusted third party or intermediary to ensure they are fairly treated. In money transactions, the role of the trusted intermediary is usually taken by a financial institution, which naturally charges for its participation. This gives rise to transaction costs that discourage market participation and may, in some instances, distort markets unduly. However, Blockchain or distributed ledger technology employs a peer-to-peer network and so obviates the need for a ‘referee’ or trusted intermediary.

The distributed ledger aspect of the technology means that new transactions and updates are circulated to all nodes on the network simultaneously. The information in the ledger, which is more like an accounting journal rather than a ledger, is structured and encrypted in such a way that it cannot be altered without agreement by a majority of the nodes in a network (which automatically and simultaneously check the change against the ledger). A transaction is initiated by one party and validated by another using a combination of private and public keys. And since the information is distributed, the greater the number of nodes, the more secure the network becomes. Any attempt at fraud would require the corruption of the same chain in every node in a network simultaneously during the few seconds that the Blockchain is processing a change.

New information is added to the system in “blocks”, which are linked to previous blocks, hence the term “Blockchain”. This history of past transactions further establishes the accuracy and authenticity of transactions since it leaves a trail that can be audited. Thus, the technology can be used in cryptocurrencies, identity documentation, land and share registration and in verifying oil and gas contracts.

For more information, visit www.PetroteqEnergy.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 – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Provides Progress Update on California Lithium Project

Standard Lithium. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) today provided an update on the progress of its development work at the California Lithium Project, which is comprised of Mojave Desert, California area Bristol Dry Lake and Cadiz Dry Lake lithium brine properties. Progress, to date, includes installation of six new separate evaporation ponds on the Bristol Dry Lake Property designed to further assess the role of short-duration passive solar evaporation in processing the project’s lithium brines. Due to extremely high evaporation rates in the project area, previous work demonstrated the potential to concentrate brines from initial lithium concentrations of 146 mg/L to concentrations of 686 mg/L in approximately 7 weeks. (This average concentration was previously reported as 556 mg/L, but has been revised upwards based on final QA/QC data). Additional evaporation tests are continuing in order to assess evaporation rates according to seasonal variations and for the production of large volumes of pre-concentrated brine for shipment to Standard Lithium’s testing facilities across North America for use in ongoing selective lithium extraction processing. In addition, over the next several weeks, a bulk raw-brine sample from the Cadiz Dry Lake Project will be transported to the evaporation ponds to assess pre-concentration of lithium brine from this project.

To view the full press release, visit http://nnw.fm/4NdqO

About Standard Lithium Ltd.

Standard’s value creation strategy encompasses acquiring a diverse and highly prospective portfolio of large-scale domestic brine resources, led by an innovative and results-oriented management team with a strong focus on technical skills. The company is currently focused on the immediate exploration and development of the Bristol Dry Lake Lithium Project located in the Mojave region of San Bernardino County, California; the location has significant infrastructure in-place, with easy road and rail access, abundant electricity and water sources, and is already permitted for extensive brine extraction and processing activities. The company is also commencing resource evaluation on 33,000 acres of brine leases located in the Smackover Formation. For more information, visit http://nnw.fm/standardlithium.

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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 – Victory Square Technologies Inc. (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) Announces Portfolio Company, VS Blockchain Assembly Inc.

Victory Square Technologies (CSE: VST) (OTC: VSQTF) (FRANKFURT: 6F6) (WKN: A2AKL8) today introduced portfolio company, VS Blockchain Assembly Inc. Blockchain Assembly was developed to deliver blockchain and crypto advisory services to Victory Square portfolio companies. Blockchain Assembly, operating since early 2017, currently provides financial, technical, and management services to develop early-stage companies offering blockchain technology. The company also provides services to accelerate future growth through the integration and implementation of blockchain. Regarding the portfolio announcement, Shafin Diamond Tejani, chief executive officer of Victory Square said in the press release, “Recognizing that technology companies are prioritizing the integration of blockchain into their core technology, and utilizing token generation events or initial coin offerings as new ways to raise capital and acquire customers and early adopters, Blockchain Assembly has been built to service this market opportunity. Blockchain Assembly will act as a services firm providing guidance on technology architecture and development, and will facilitate banking, legal and commercialization services. Further, Blockchain Assembly assists these companies with their fund-raising objectives, whether they pursue capital through token generation events, private funding, or raising money through the public markets. We are using our expertise at company building to identify, incubate, advise and invest in the best blockchain entrepreneurs, helping build the tech titans of the next century.”

To view the full press release, visit http://nnw.fm/7lvQv

About Victory Square Technologies Inc.

Victory Square is a venture builder that creates, funds and empowers entrepreneurs predominantly focused on Blockchain Technology, Virtual Reality, Artificial Intelligence, Personalized Health, Gaming and Film. As a technology incubator, Victory Square invests in game-changing entrepreneurs who are provided access to education programs, global mentorship networks, distribution partners, creative workspaces, resources and other forms of operational support to help them scale internationally. For more information, visit the company’s website at www.VictorySquare.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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NetworkNewsBreaks – EVIO, Inc. (EVIO) Signs Non-Binding LOI to Acquire Licensed Cannabis Laboratory in Berkeley, CA

EVIO (OTCQB: EVIO) this morning announced that it has signed a non-binding Letter of Intent (“LOI”) to acquire 60% of C3 Labs, LLC. C3 Labs is located in Berkeley, CA, which accelerates the company’s intent to expand into Northern California prior to the anticipated increase in demand for analytical testing services. Subject to customary closing conditions, the transaction is expected to close in the first quarter of 2018. “C3 Labs been serving the cannabis industry for years, providing product formulation, research and development services that aligns with EVIO’s longer term strategy to expand our scope of services. We are working to close this transaction in an expeditious manner to begin serving the California market by first quarter 2018,” EVIO CEO William Waldrop stated in the news release.

To view the full press release, visit http://nnw.fm/UiE64

About EVIO, Inc.

EVIO, Inc. is an Oregon-based life sciences company that provides analytical testing services, management advisory services and scientific research to the legal cannabis and hemp industries. The company’s EVIO Labs division operates state-of-the-art facilities and offers accredited testing methodologies to ensure the safety and quality of the nation’s cannabis supply. For more information, visit the company’s website at www.EvioLabs.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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NetworkNewsBreaks – Carl Data Solutions Inc.’s (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) Polish Subsidiary Obtains EU Artificial Intelligence R&D Grant

Carl Data Solutions (CSE: CRL) (FSE: 7C5) (OTC: CDTAF) this morning said that its subsidiary in Poland has received a $300,000 research and development grant through the European Union (“EU”) to fund the exploration and development of artificial intelligence (“AI”) to monitor aging critical infrastructure. The company’s research will primarily focus on machine learning based AI that is able to continuously predict how anticipated storm events will impact water infrastructure, allowing the time needed for workers to protect cities from flooding and other damage. Carl Data Solutions Poland will work closely with the Department of Decision Systems and Robotics at Gdańsk University of Technology, coordinating with a research team of PhDs and engineers who have been studying water infrastructure for decades. “The outcome of this project has potential to allow Carl Data’s Polish subsidiary to resell this innovative technology throughout the EU and North America. We are excited to have government and international support for developing these in-demand products and services,” Carl Data CTO and an architect in designing the project Piotr Stepinski stated in the news release.

To view the full press release, visit http://nnw.fm/FTSt4

About Carl Data Solutions Inc.

Carl Data Solutions Inc. is focused on providing next generation information collection, storage and analytics solutions for data-centric companies. Building on its recent acquisitions, Carl helps its clients analyze and understand all forms of environmental data through a powerful platform of data collection, monitoring, analysis and reporting tools. Carl Data continues to develop applications to work with new cloud-based mass storage services and analytics tools (Big-Data-as-a-Service (BDaaS) to provide scalability for municipalities, utilities and other industrial verticals. These data collection and storage methods allow the company to build smart Software-as-a-Service (SaaS)-based applications that can collect data from many diverse sources and provide deep insight for decision-making purposes. For more information, visit the company’s website at www.CarlSolutions.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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