As the week begins we are reminded that on February 23, 1909, Canadian John Alexander Douglas McCurdy makes the first powered flight in Canada, aboard his plane, the Silver Dart. The flight departs from Baddeck, Nova Scotia, and is the first of its kind in the British Empire.
Tuesday February 20
The week started off great for medical Marijuana company, MYM Nutraceuticals Inc., (CSE: MYM) (OTCBB: MYMMF) when they closed a private placement giving them a $12 Million shot in the treasury
Further news had the company closing a joint venture agreement between Southern Cross University and their subsidiary Solaris Nutraceuticals to commit to the development of hemp and medicinal cannabis products in the NSW Northern Rivers region that will enhance animal and human health. The agreement will pave the way for a flourishing industry built on the medicinal value of cannabis.
“Universities have a vital role to play as catalysts for diversification and development – creating new opportunities through 21st century industries,” said Professor Shoemaker. “Legalized cannabis products are already playing a critically important role in delivering medicines, and through innovation, have the potential to improve the lives of millions more through new medical applications and nutrition. This agreement is a great example of Southern Cross University’s commitment to engaging with industry and the community, so that we can create an environment for discovery and commercial development, driving changes in our back yard that can translate into benefits around the world.”
Wednesday February 21
NetCents Technology Inc. (CSE: NC) (Frankfurt: 26N), is pleased to announce that the integration with Aliant Payment Systems has been completed and deployed and the merchant onboarding process has begun.
The integration involved setting up the Aliant payment processing environment to work with the NetCents cryptocurrency merchant gateway along with the development of requested custom built feature sets. This integration was tested in the live environment to ensure that the integration runs seamlessly when deployed and was finalized two weeks ago. With the development and testing phases successfully completed, the Aliant/NetCents integration has been pushed live to the Aliant merchant network and ready to begin merchant integrations.
Data company RIWI Corp. (CSE: RIW) announces that its client, a top20 bank in the world as measured by assets under management, has awarded the Company a second contract to provide additional services in the amount of US $238,000. Work on this second contract has begun.
Thursday February 22
CannaRoyalty Corp. (CSE: CRZ) (OTCQX: CNNRF) announced the acquisition of the exclusive statewide manufacturing and distribution rights to Bhang® edibles and Bhang® concentrates in California. The Agreement also includes a right of first refusal to license other future Bhang® products within the edibles and concentrates categories in California.
“The award-winning Bhang® edibles and concentrate lines are valuable additions to CannaRoyalty’s growing suite of premium consumer products. These products have been sold for years and are actively in distribution in California through our prospective acquiree, Alta Supply,” said Marc Lustig, CEO of CannaRoyalty. “The acquisition of exclusive license rights is expected to result in a substantial increase in throughput for our edible manufacturing operations in California. The Product Lines generated USD$5.6 million in combined revenue last year purely based on brand loyalty and with relatively limited resources committed by the previous license holder. Pairing the existing brand awareness of Bhang® in the marketplace, with CannaRoyalty’s product and marketing expertise, capital base and broad California distribution footprint, will position the Product Lines to drive meaningful growth.”
GLOBAL BLOCKCHAIN TECHNOLOGIES CORP. (CSE: BLOC) (FSE: BWSP) (OTC Pink: BLKCF) announces its $2 million investment in the private token offering of MEvU, a product of Decent Tech Inc. MEvU will cut middlemen out of online betting, enabling players to bet against each other – offering better odds, and limitless wagering options.
Friday February 23
PUDO Inc. (CSE:PDO) (OTCQB:PDPTF) North America’s first carrier-neutral Pick-Up Drop-Off Network is pleased to announce the launch of a disruptive pilot project designed to shave cost and time from the typical delivery cycle. “In this pilot, one of our London, Ontario PUDO Points acts as 24/7/365 community staging hub for the 3PL partners of popular online retailers, connecting them with local delivery companies,” says PUDO CEO Kurtis Arnold.
“What this does in effect is turn the conventional parcel delivery model on its head. It enables local delivery companies to quickly and efficiently manage last-mile logistics, and when necessary return first-attempt-failed deliveries to the PUDO Point for customer pick-up, or costefficient re-delivery.”
Film maker, Imagination Park Entertainment Inc. (CSE: IP) (OTC: IPNFF) (FRA: GMS1) the executive producer of the critically acclaimed drama The Kindergarten Teacher, and emerging content producer and distributor, announced the North American distribution deal for the film with Netflix, the world’s leading Internet entertainment service. Ben Lu, Board Director of Imagination Park, states: “We are thrilled the film has found a home with Netflix as they’ve become one of top outlets for world-class films to be shown.
For the week the CSE Index was frothy and down from 1255.96 to 1210.65.
The CSE welcomes New Listing:
Reliant Gold Corp. (CSE:RNG)
As the week closes so does the Winter Olympics in South Korea, Canada manages to win a new record of 29 medals. Unfortunately Hockey Gold was not one of them. Does this mean the Olympics were a success for the country is Hockey Gold the only medal that matters?
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