$FRSX Leverages the Advantages of Passive Sensors

• FRSX’s QuadSight™ multi-camera vision solution is a stereoscopic system that detects obstacles in all weather and lighting conditions designed for semi-autonomous and autonomous vehicles
• In its corporate presentation, FRSX cites projection of the autonomous self-driving vehicle market reaching $60 billion by 2030, from Mordor Intelligence LLP
• FRSX has in development its Eyes-On™ and Eye-Net™ patent-pending accident prevention solutions

Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), in an audio press release, detailed the advantages of its passive sensor vision system versus active ones. As sensors will play a key role in the development of self-driving vehicles, FRSX’s QuadSight™ passive sensor system uses available light for its visible light cameras and thermal radiation of objects for its infrared cameras (http://nnw.fm/wW9G3).

FRSX’s stereoscopic technology leverages the advantages of passive sensors rather than active systems. It employs two synchronized cameras to mimic 3D human depth perception. In contrast, active sensors emit energy that may interfere with others, resulting in the possibility of some objects going undetected. QuadSight does not rely on pattern recognition. Rather, it is a passive stereo vision system that uses advanced image processing algorithms for accurate depth analysis and detects objects from available light and thermal radiation caught by its infrared cameras.

Israel-based FRSX, through wholly owned subsidiary Foresight Automotive, is designing, developing and commercializing advanced driver assistance systems (ADAS) for use in semi-autonomous and autonomous vehicles. It is developing several branded and patent-pending systems. Proprietary systems include Eyes-On™, an advanced ADAS system, and Eye-Net™, a cellular-based V2X accident prevention alert solution.

In its corporate presentation, the company documented that the stakes are high (http://nnw.fm/Mef2A). FRSX sees a long-term market potential for autonomous vehicles that’s projected at $60 billion by 2030, according to Mordor Intelligence LLP (http://nnw.fm/KjyB3).

In a news release, Haim Siboni, CEO of FRSX, said, “At Foresight, we believe that a car’s vision system should be nothing less than perfect. Vision is the foundation of passenger safety, and vision perfection under all weather and lighting conditions is clearly the breakthrough that vehicle makers need to build consumer confidence in order to accelerate autonomous vehicle adoption.”

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

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About NetworkNewsWire

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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$SNNVF Subsidiary Advances in Canadian Cannabis Market

• Sunniva confirms analyst expectations with COR from Health Canada
• Company and announcement featured in Seeking Alpha article
• Over one million square feet of cannabis cultivation facilities under construction
• Grow facilities in California and Canada target 60 million adults

Biopharmaceutical company Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF) now seems set for a place in the sun. The North American provider of cannabis products and services announced on May 29, 2018, that its wholly owned subsidiary, Sunniva Medical Inc. (“SMI”), had received a Confirmation of Readiness (COR) notification from Health Canada. The good news has not gone unnoticed, with one analyst remarking, “Sunniva Delivers As Promised,” as well as reminding investors that for Sunniva, “The Story Gets Better and Better.” Sunniva is positioned in the world’s two largest cannabis markets. The company currently has separate growing facilities under construction in the U.S., at its campus in Cathedral City, California, and in Canada at Okanagan Falls, British Columbia.

The COR received by Sunniva Medical Inc. (SMI) was issued under new rules instituted in May 2017 by Health Canada under the Access to Cannabis for Medical Purposes Regulations (ACMPR), which removed the necessity for a physical inspection of grow facilities prior to the issuance of a cultivation license. The new regime allows an applicant for a producer license to prove ‘their facility’s readiness in the form of data, photos, video, attestations from experts, etc.’, which, after review, can lead to the issue of a cultivation license. Designed to streamline the application process, the amended regulations do not remove the requirement for physical inspections entirely, but appear to place them on a scheduled timetable rather than before approval.

Although not quite a license to produce, a COR is a major step on the way to acquiring one. Sunniva certainly seems to have ‘everything lined up properly’, as a recent endorsement on Seeking Alpha testifies. Under the banner “Sunniva Delivers As Promised,” the review claims that the company might have issued its most important press release to date (http://cnw.fm/WFm3J).

The release, announcing receipt of the COR, also mentions other important company developments, such as the previously reported take or pay supply agreement with Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) (http://cnw.fm/g6pN4). Under the terms of the agreement, initially for two years, Canopy will purchase approximately 45 percent of Sunniva’s annual production capacity, representing 45,000 kilos of dried cannabis annually, starting in Q1 2019 or shortly thereafter. Canopy will also distribute Sunniva branded products.

Another item in the press release was the announcement that SMI had received development approval from the Regional District of Okanagan-Similkameen for construction of the Sunniva Canada Campus. SMI broke ground in early May 2018 on the 126-acre site at Okanagan Falls, British Columbia. Sunniva also revealed its plans to finance construction activities. It is currently arranging construction financing to finalize its planned state-of-the-art 740,000 square foot facility in Canada.

Work in California continues; under Phase 1 of the project there, a 325,000 square foot greenhouse with the capacity to produce 60,000 kilos of dry cannabis per year is expected to commence operations later this year. About half of that production will be used for conversion to oils and extracts. Phase 2 will increase greenhouse space by 165,000 square feet and increase annual output capacity by 40,000 kilos.

With construction at its campuses in California and Canada now well underway, Sunniva looks set to become a major supplier in this combined market of approximately 60 million adults, which is currently estimated at $9-10 billion.

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

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About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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

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$DJACF Licensed Producers that Signed Retail Supply Agreements in Alberta

$SNNVF Seed to Sale Setup Sizzles in World’s Two Largest Cannabis Markets

• Operating in world’s two largest cannabis markets – California and Canada
• Vertically integrated structure extracts value along the supply chain
• Pre-production sales strategy mitigates risk

What can you give a company, like Vancouver, British Columbia-based Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), that seems to have everything? For starters, this vertically-integrated producer of medical and recreational cannabis has a presence in California and Canada, the world’s two largest cannabis markets. Through several wholly-owned subsidiaries, it has operations in cannabis grow facilities, cannabis extraction facilities, medical cannabis clinics and the cannabis white label business. Moreover, a large part of its estimated total output for the next two years has already been sold as pre-production, even before the completion of grow facilities – a sure signal of customer trust. Even though its grow activities are yet to make a contribution, Sunniva is already generating revenue. With all that in place, this is a company whose future looks as bright as its name, which is derived from an old English word meaning ‘gift of the sun’.

Sunniva is into large-scale low-cost production. Through subsidiary CP Logistics, the company is close to completing a cGMP-compliant greenhouse facility in Cathedral City, California, that will have an estimated annual output cannabis capacity of 100,000 kilos. cGMP (current Good Manufacturing Practice) regulations are mandated by the U.S. Food and Drug Administration (FDA) to ensure proper design, monitoring and control of manufacturing processes and facilities. Phase 1 of the project involves the development of a 325,000 square foot greenhouse capable of producing 60,000 kilos per year of dry cannabis at capacity with operations commencing in Q4 2018. Approximately 30 percent of initial production has been committed for conversion to oils and extracts. Phase 2 is expected to increase the greenhouse space by 164,000 square feet and increase output capacity by some 40,000 kilos per year.

The location and design choices were made with a focus on low-cost production in mind. The abundant sunlight in California will reduce energy costs, while the highly automated operations will ensure the most efficient production processes are employed. In California also, close to its Cathedral City Campus, Sunniva is operating an extraction facility, through subsidiary CP Logistics. The Sun Oil extraction facility, which has an oils and extracts manufacturing license, is currently being upgraded with additional equipment (http://cnw.fm/6JLbn).

Furthermore, Sunniva recently broke ground at a recently acquired facility, in Canada, with similar production capacity, and work is now continuing at that 126-acre site in Okanagan Falls, British Columbia. The 740,000 square foot facility will have an estimated output capacity of 100,000 kilos annually and is expected to become operational in Q1 2019. About 75 percent of its output will be pre-sold on a wholesale basis (http://cnw.fm/D2tP9).

Natural Health Services Ltd. is a network of medical cannabis clinics in Canada that offers patients access to medical practitioners specializing in the endocannabinoid system. This Sunniva subsidiary also connects patients with licensed producers through its SPARK proprietary software system, allowing Sunniva to capture revenue from patient purchases. As soon as the facilities become operational, Sunniva intends to start marketing its own produced cannabis  The network currently has over 95,000 patients (over one-third of all Canadian medical cannabis patients), and it has agreements in place with 27 licensed producers.

Sunniva’s seed-to-sale, vertically integrated structure is also bolstered by its Full Scale Distributers (FSD) subsidiary, which markets vaporizers and accessories under the Vapor Connoisseur brand. FSD also provides white label packaging and labelling services to over 80 brands in North America, making it a clear leader in the space. It will design custom vapor hardware for any specification of cannabis oil or concentrate. Now, with the addition of the Sun Oil Facility, customers can also have their extraction and processing done; cartridges can be filled, assembled, labeled and packaged according to their own standards and branding, as well as shipped to their final destinations.

The company recently announced voting results of the Annual General and Special Meeting of Shareholders held on June 27, 2018 (http://cnw.fm/ug1V3).

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

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About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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

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www.CannabisNewsWire.com
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Editor@CannabisNewsWire.net

$ABCCF Secures Agreement to Supply the Alberta Retail Cannabis Market

NAPANEE, Ontario, July 05, 2018 — ABcann Global Corporation (TSX-V:ABCN) (“ABcann”) is pleased to announce that it has completed an agreement with the Alberta Gaming, Liquor & Cannabis Commission (“AGLC”) to supply the province with high-quality cannabis products.  Under the terms of the agreement, ABcann will supply the Alberta market with cannabis to meet demand in the adult-use recreational cannabis market, which is set to open on October 17, 2018.

“Signing the supply agreement with ABcann will enable the AGLC to ensure that adult-use customers in Alberta will have access to ABcann’s premium branded cannabis products,” said Barry Fishman, CEO, ABcann Global. “Our new branding, which will be revealed this summer, is supported by extensive market research. We are confident that our customers will recognize and appreciate our product quality and consistency.”

About ABcann:

ABcann is recognized for high-quality, trusted products and services. It holds production and sales licences from Health Canada, and its flagship indoor cultivation facility in Napanee, Ontario contains proprietary plant-growing technology, centred on its specially designed, environmentally-controlled growing chambers. This approach results in the production of pharmaceutical-grade cannabis products. ABcann is expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, such as Germany, Australia and Israel.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information

Certain statements in this news release are forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of ABcann and its management regarding the future. Forward looking statements in this news release include statements relating to: the terms of the agreement with the AGLC; products to be revealed under ABcann’s portfolio of adult use recreational brands; the agreement with ABcann ensuring that Alberta have access to high quality cannabis under premium brands; and ABcann’s brands bringing premium quality and consistency to cannabis consumers in Alberta. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the forward-looking statements, including: (i) that the agreement with AGLC may not be performed as expected or at all; (ii) that ABcann may not reveal a portfolio of adult use recreational brands; (iii) that the agreement may not provide Albertans with access to high quality cannabis under premium brands; (iv) that ABcann’s brands may not bring premium quality and consistency to cannabis consumers in Alberta; and (v) other factors beyond the Company’s control. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits ABcann will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in ABcann’s annual information form dated April 30, 2018, which is available on SEDAR, carefully in evaluating the forward-looking statements contained in this news release, and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements. The forward-looking statements in this news release are made as of the date hereof and ABcann disclaims any intent or obligation to update publicly any such forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by applicable securities laws.

For more information about ABcann, please contact:

Barry Fishman: barry.fishman@abcannglobal.com 
Michael Bumby: michael.bumby@abcannglobal.com

$HMMR on “NEW TO THE STREET” July 23, 24 & 25 on Fox Business Network

NEW YORK, July 02, 2018 — Due to an overwhelming response to the TV pilot episode of “EXPLORING THE BLOCK,” featuring MTC Docademic and special guest interview with John McAfee, FMW Media Corp. will be rebroadcasting the show on Fox Business Network on July 2, 2018 @ 11:00 PM PDT.  Viewers can check their local cable provider for channel designation in their viewing area.

The broadcasting of “NEW TO THE STREET” business TV show will be July 23, 24 & 25, 2018 @11:00 PM PDT on Fox Business Network. The Show’s new content, filmed in studio on June 28, 2018, features for the first time Hammer Fiber Optic (OTCQB:HMMR), and more interviews with returning guests, Solar Integrated Roofing Corp. (OTCPINK:SIRC), and MTC Docademic.

David Massey, CEO of Solar Integrated Roofing Corp. discusses the Company’s acquisition strategy, and what it means to the Company, its shareholders and its customers.  Further, Mr. Massey talks about the progress they have made in their efforts and what to look for from SIRC in the future.

Charles Nader, CEO and Gustavo Astiazaran, CMO of MTC Docademic, talk on the show about how Docademic changes lives utilizing the Company’s blockchain technology for the delivery of healthcare services.  Further, they both speak about new corporate relationships, services and expansion plans.  Last month, Mr. Nader’s interview about MTC Docademic was successfully featured on “EXPLORING THE BLOCK’s” 30-minute TV pilot show, which also featured an enlighten interview with special guest with John McAfee-Founder McAfee Antivirus.

“We at Docademic share the vision of providing the public with real and educative information about the benefits of new business models based on Blockchain technology. Just like ours provides in healthcare for thousands of people around the world,” states Charles Nader, CEO.

First time “NEW TO THE STREET” TV appearance, Mark Stogdill, CEO, Hammer Fiber Optics Holdings Corp., a New Jersey based Corporation, discusses their telecommunications offerings, expanding service area and their “Everything” wireless platform.

“Hammer Communications is at a truly exciting juncture in our Company’s growth, and we are thrilled with the opportunity to share our story on ’NEW TO THE STREET’ airing on the Fox Business Network,” states Mark Stogdill, CEO, Hammer Fiber Optics Holdings Corp.

“FMW Media Works Corp. is coming up on its 10th anniversary broadcasting its flagship TV program, ‘NEW TO THE STREET’ on major TV networks. The show helps brand both public and private companies about their businesses.  We are happy to add ‘EXPLORING THE BLOCK’ to our programming, as it’s a natural extension to our business.  ‘EXPLORING THE BLOCK’s’ goal is to help currently trading Blockchain and crypto companies be able to explain their business models, and their management’s vision of delivering improvements to the world,” states Vince Caruso, CEO of FMW Media Works Corp.

“NEW TO THE STREET” and “EXPLORING THE BLOCK” televised broadcasts on the Fox Business Network can reach up to 100 million homes. Check your local cable provider’s channel lineup to find Fox Business Network in your area.

FMW Media Works Corp.’s “NEW TO THE STREET” is a leading provider of business profiles and special corporate programming. FMW Media Works produces “New to the Street” which paves the way to the latest financial issues, offering a blend of business and financial services news reporting and in-depth interviews relating to new products, economic analysis, and public company profiles. “NEW TO THE STREET” airs as paid TV programming and airs in the United States reaching potentially 100 million homes, in Canada reaching potentially more than 5.3 million homes and reaching on other select viewed International stations. Visit www.newtothestreet.com.

FMW Media Works Corp.’s “EXPLORING THE BLOCK” show’s goal is to showcase, question & explore companies changing the way the world uses data and security using Blockchain Technology. The show’s aim is to create a platform to learn about the opportunities and advancements brought about by the invention of “Blockchain.” Through uncovering and interviewing companies utilizing “Blockchain” technology, the shows producers hope to explore the potential impact this technology will bring to society. FMW created this program, “Exploring the Block”, to provide viewers the most up to date news and insight into this new frontier in ”Blockchains.”

Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “ongoing,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by which such performance or results will be achieved. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.

Contact Information:
For “NEW TO THE STREET.”
Adam Becker
(631) 465-0284
Adam.becker@newtothestreet.com

MTC Docademic
Jane Owen
janeowenpr@gmail.com
424-279-9878

Solar Integrated Roofing Corp.
James Randolph
760-916-7444
sircpublic@gmail.com

Hammer Fiber Optics Holding Corp.
Frank Pena
fpena@hammerfiber.com

$FRSX Inks Prototype Deal, Secures Investment Funding

• A leading importer of vehicles to Israel has signed with Foresight a non-binding MOU for the sale of the Eyes-On™ automotive vision system
• $12.4 million in private placement agreements signed with leading Israeli institutional investors
• Global advanced driver assistance system (ADAS) market expected to reach $67.43 billion by 2025, growing at 19 percent CAGR

A rising demand for advanced driver safety and assistance systems that help drivers control vehicles and avoid accidents is fueling a global market for technological innovations in an increasingly high growth market, according to multiple industry research reports. Foresight Autonomous Holdings Ltd. (NASDAQ: FRSX) (TASE: FRSX), a technological innovator in automotive vision systems and driver assistance technology headquartered in Israel, has been developing, through wholly owned subsidiary Foresight Automotive Ltd., a powerful and mature proprietary stereoscopic technology that provides real-time information to prevent accidents. Foresight’s technology is derived from major shareholder Magna B.S.P.’s field-proven security technology, which has been deployed worldwide for almost two decades. The company’s patents provide IP protection for technology that’s designed to improve driving safety with highly accurate and reliable obstacle detection vision systems.

Foresight recently announced the signing of a non-binding MOU for the company’s unique stereoscopic Eyes-On™ system with a leading importer of vehicles to Israel. The non-binding memorandum of understanding (“MOU”) with a direct importer of several leading vehicle manufacturers will see the installation of Eyes-On™ for aftermarket configuration – Foresight’s advanced driver assistance system (“ADAS”) – in several vehicle models (http://nnw.fm/rwQ2T) under a pilot program. The importer could potentially order 21,000 Eyes-On™ systems over three years, according to the agreement (http://nnw.fm/D3VGo) .

Foresight’s unique Eyes-On™ stereo vision ADAS employs advanced algorithms fr accurate depth analysis and obstacle detection. The Eyes-On system will detect all potential obstacles, including vehicles, cyclists, pedestrians, animals and inanimate objects, at a high degree of accuracy. Stereo technology is an image processing concept which uses two synchronized cameras to mimic 3D human depth perception.

Foresight has developed three main products to date: QuadSight™, a breakthrough quad-camera vision system that sets the bar for autonomous vehicle vision; Eyes-On™, a unique stereo vision Advanced Driver Assistance System; and Eye-Net™, a cellular-based accident prevention solution designed to provide real-time pre-collision alerts to vehicles and pedestrians.

The company’s innovative automotive vision systems recently attracted private placement agreements from several leading Israeli institutional investors, including $5.5 million from Harel Insurance (http://nnw.fm/1U7qI), $4.1 million from Meitav Dash Group and $1.4 million from Psagot Investment House (http://nnw.fm/VB48v).

Grand View Research reports that the global ADAS market is expected to reach $67.43 billion by 2025, growing at a CAGR of 19 percent. Several factors, including increasing levels of government initiatives for mandating driver assistance systems in order to lower road accidents, are contributing to this robust growth pattern, the report states (http://nnw.fm/7II0u).

In 2016, passenger cars accounted for more than a 72 percent share in the global ADAS market, Grand View Research reports. With the United States and the European Union mandating that automotive manufacturers fit ADAS systems such as lane departure warning systems (LDWS) and autonomous emergency braking systems (AEBS) in vehicles by 2020, Foresight is gearing up to be a leader in this developing space.

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

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About NetworkNewsWire

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.

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

$TGODF Brian Athaide Appointed CEO, Golubovskaya Appointed Interim CFO

TORONTO, July 02, 2018 — The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) reports the resignation of CEO, Co-Chairman & Director, Mr. Robert Anderson, effective immediately, due to health concerns.

To ensure an orderly transition and continued rapid execution on the Company’s business strategy, the Board has appointed Mr. Brian Athaide, TGOD’s current CFO, to the position of CEO. Mr. Athaide has 29 years of global executive experience including CFO and Executive Vice President, Human Resources and Information Technology of Andrew Peller Limited, the largest publicly traded wine and craft alcohol producer in Canada. Mr. Athaide’s focus on value creation helped enable the stock price to increase to 400% in only three years. Previous to Andrew Peller Limited, Mr. Athaide spent 25 years at Proctor & Gamble Co., moving through progressively more senior positions across eight countries, culminating as the Finance Director and CFO of the multi-billion-dollar consumer products business across Russia, Ukraine and Central Asian markets.

Mr. Athaide has significant consumer products experience in North America, Europe, Asia, and Latin America leading acquisition integrations, developing corporate strategy, managing foreign exchange devaluations, banking crises, economic and political turmoil and high market volatility. Mr. Athaide managed to navigate all of these experiences decisively and effectively, finding new and innovative ways to achieve success, even in challenging market conditions.

The Board has also appointed Julia Golubovskaya, Vice-President, Finance as interim CFO. Ms. Golubovskaya has over 18 years of experience in consumer products, having worked with Proctor & Gamble in Canada, the USA and Russia. She has led multinational and multicultural teams in diverse financial fields across various categories and geographies. Ms. Golubovskaya has a proven ability to lead and adapt to change in challenging environments while surpassing financial goals, organizational engagement and productivity targets.

Mr. Anderson will continue to be available to assist the Company as required. The Board of Directors, management team, and all TGOD staff wish to thank Mr. Anderson for his tireless efforts and valuable contributions to the rapid and successful growth of the Company and wish him a successful recovery. Once Mr. Anderson has fully recovered, TGOD would welcome his return in any suitable capacity.

“I feel privileged to take on this new role as CEO and ensure the Company delivers on its aggressive yet de-risked business plan. TGOD has assembled an incredible leadership team with a diverse skill set across all aspects of our business including finance, M&A, sales, international markets, branding, marketing and operations. The operational and capital market aspects of the business are in exceptional hands and we will continue to execute on Rob’s vision of becoming the largest, most valuable organic cannabis brand in the world,” said CEO Brian Athaide.

Jeff Scott, currently serving as Co-Chair, will assume the role of Chairman of the Board.

On Behalf of the Board of Directors,
The Green Organic Dutchman Holdings Ltd.
Jeff Scott
Chairman

ABOUT THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD.

The Green Organic Dutchman Holdings Ltd. is a research & development company licensed under the Access to Cannabis for Medical Purposes Regulations (“ACMPR”) to cultivate medical cannabis. The Company carries out its principal activities producing cannabis from its facilities in Ancaster, Ont., pursuant to the provisions of the ACMPR and the Controlled Drugs and Substances Act (Canada) and its regulations.

The Company grows high quality, organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a funded capacity of 116,000 kg and is building 970,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (TSX:ACB) whereby Aurora has invested approximately C$78.1 million for an approximate 17.5% stake in TGOD. In addition, the Company has raised approximately C$315 million dollars and has over 20,000 shareholders.

TGOD’s Common Shares and warrants issued under the indenture dated November 1, 2017 trade on the TSX under the symbol “TGOD” and “TGOD.WT”, respectively.

CONTACT INFORMATION
Investor Relations
Email: invest@tgod.ca
Phone: 1 (416) 900-7621
www.tgod.ca

Forward-Looking Information Cautionary Statement

This news release includes statements containing certain “forward-looking information” within the meaning of applicable securities law (“forward-looking statements”). Forward looking statements in this release includes, but is not limited to, statements about the future legalization of recreational cannabis and cannabis-infused products in Canada, statements about future research, development and innovation by the Company, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of Toronto Stock Exchange) accept responsibility for the adequacy or accuracy of this release.

$NETE Builds Comprehensive Payment Solutions Portfolio to Address New Market Dynamics

• Net Element is enhancing its payments-as-a-service transactional platform to address the needs of small and medium-sized businesses in the U.S., as well as in select emerging markets
• An innovative events industry extension was launched in May to tap into the rapidly growing field
• Net Element has also announced a Netevia platform extension in the form of a smart vendor payment solution for B2B companies

Over the past couple months, Net Element, Inc. (NASDAQ: NETE) has increased its portfolio of payment solutions aimed at both huge markets and underrepresented market segments. The global technology and value-added solutions provider focuses on electronic payment acceptance in multi-channel environments.

On May 23, Net Element announced the launch of a unified payment solution for the events industry. The new solution enhances existing payment options through intelligent point-of-sale integration, as well as self-order kiosks and multi-channel payment acceptance.

The new solution will greatly benefit the rapidly growing events market. According to the Event Industry Council, this niche has generated more than $330 billion in direct spending in 2016, an increase of 18 percent since 2012 (http://nnw.fm/1VdvR). The industry has a massive impact on the U.S. economy, as it creates 5.9 million jobs and generates over $845 billion in business sales.

On June 12, Net Element announced yet another new development – a smart vendor payment solution for business-to-business (B2B) companies. The solution comes in the form of a Netevia platform extension. It enables secure vendor payments and also reduces the cost of payment processing. Payments are delivered electronically and can be processed solely by the designated vendor. Added controls increase the security and flexibility of transactions.

By enabling these additional functionalities, Netevia is becoming an efficient market platform for small and medium-sized companies looking for modern card-payment oriented solutions, according to the president of integrated payments for Net Element, Vlad Sadovskiy.

B2B ecommerce is another area currently undergoing rapid expansion. According to a Forrester report (http://nnw.fm/44gtP), B2B ecommerce transactions in the U.S. are set to hit a volume of $1.2 trillion by 2021, accounting for 13 percent of all B2B sales in the U.S., with a compound annual growth rate of 7.4 percent over the next three to four years.

Reports also suggest that half of the B2B buyers today are millennials (http://nnw.fm/WiN2O). This demographic is recognized for its specific purchasing preferences: millennials no longer tolerate cumbersome purchasing processes and are interested in reducing human interactions and digitalizing parts of the process as much as possible. Self-service capabilities and 24/7 ecommerce options will be seen as determining for the success of B2B vendors in the years to come.

This is where Net Element solutions can prove to be extremely beneficial. The company’s payments-as-a-service platform primarily targets small and medium-sized companies in the U.S. and a number of emerging markets. Additionally, blockchain technologies and other innovative solutions are constantly being explored for the purpose of growing transactional revenue and offering added value to customers.

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

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$SNNVF Closes Purchase of Canadian Cannabis Campus; Facility Construction Advances

• Sunniva acquires 126-acre property for cannabis production in British Columbia
• Construction at sibling cultivation site in California continues
• Company hosts VIP event at International Cannabis Business Conference, joins M&A panel discussion

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a rising cannabis producer that is gaining a solid foothold in the consumer-populated markets of California and Canada, has announced the close of its 126-acre site in British Columbia’s rural Okanagan Falls-Similkameen district located 45 kilometers (28 miles) north of the U.S.-Canada border.

The 126-acre industrial-zoned property will be the site for a 740,000-square-foot state-of-the-art greenhouse capable of producing an estimated 100,000 kilograms of dried cannabis per year (http://cnw.fm/4IK3f). Sunniva CEO Dr. Anthony Holler noted that the campus allows the company the option to expand with the construction of an additional facility once market demand has been established.

“This facility will produce pharmaceutical-grade cannabis products. And when I say products, it’s not just dry products — it’s all the different things, like oils, capsules, tinctures, patches, lotions,” Holler told Canada’s Global News in a June 4 interview (http://cnw.fm/QfH8d). “Because it’s a (Good Manufacturing Practice regulations compliant) facility, it can be shipped domestically and internationally. … The European Union is starting to import large quantities of cannabis from Canada with the proviso that that cannabis, whether it’s a dry product or an oil, that product has to be produced and be compliant with good manufacturing practices. So there’s obviously a bigger market than Canada out there for these products from this facility.”

The purchase, executed by the company’s Sunniva Medical Inc. (“SMI”) subsidiary, involved $3.5 million in cash plus an additional $3.5 million in vendor take back mortgage financing (“VTBMF”). The VTBMF is for a one-year term with five percent interest rate annually. The company has received the necessary development permits from the local authority and site grading is near completion.

Construction is expected to take about eight months, with production potentially beginning during the first quarter of 2019 and full-scale operations achievable another eight-to-nine months after that (http://cnw.fm/R1j7r). Sunniva previously reported that licensed producer Canopy Growth Corp. (TSX: WEED) (OTC: TWMJF) has contracted to buy 45,000 kilograms of product per year from SMI’s Canadian campus for an initial two-year term (http://cnw.fm/UfzI5).

In the meantime, construction has been racing ahead at Sunniva’s California facility. Holler told Public Entrepreneur that the operation at its 500,000-square-foot high-technology campus in Cathedral City is expected to begin production later this year, meaning that it could potentially deliver its first crop in Q1 2019 and join the Canada site at full-scale production later that year (http://cnw.fm/4ofLM).

On June 25, Holler addressed the recent trend toward mergers and acquisitions in the cannabis space at the International Cannabis Business Conference, Canada’s first cannabis conference since the country’s government passed a bill (http://cnw.fm/q6v8U) that eliminated the final hurdle for full legalization of the cannabis plant’s products. Holler’s comments about the company’s subsidiary strategy (http://cnw.fm/Bf2lC) were part of a panel discussion hosted by the ICBC, and Sunniva hosted the conference’s kickoff VIP gathering on June 24, featuring an opportunity for attendees to mingle with keynote speaker Henry Rollins (http://cnw.fm/p4Gw3), a musician and radio-TV personality known for his activism.

Sunniva began trading on the Canadian Securities Exchange in January and the U.S. OTCQX Market in February after a successful 2017 in which the company reported C$16.1 million in revenues, most of which came from its acquisition of Canadian cannabis clinic network Natural Health Services, which has more than 95,000 registered active patients.

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

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