$RIV.V $CGC Significant Increase in Health Canada Licensed Infrastructure at Vert Mirabel

TORONTO, Oct. 10, 2018 — Canopy Rivers Inc. (the “Company”) (TSXV: RIV) is pleased to announce that its investment portfolio company, Les Serres Vert Cannabis Inc. (“Vert Mirabel”), a joint venture with Canopy Growth Corporation (TSX:WEED, NYSE:CGC) (“Canopy Growth”) and Les Serres Stéphane Bertrand (“Bertrand”) based in Mirabel, Quebec, has received a licence amendment from Health Canada that significantly increases Vert Mirabel’s greenhouse production footprint, which now includes 525,000 sq. ft. of licensed operating space available for cannabis production.

“We are excited about the rapid progress being made at Vert Mirabel,” said Olivier Dufourmantelle, Chief Operating Officer at Canopy Rivers. “This latest amendment is a testament to the strength of the licensing team at Canopy Growth Corporation, the operating pedigree of the local management team, and the quality of the greenhouse infrastructure.”

“In less than a year, Vert Mirabel has obtained a cultivation licence for over half a million square feet of operational production infrastructure. Vert Mirabel is a key pillar in the Canopy Rivers portfolio of companies and we believe it will be a provider of choice for locally-produced cannabis products for the Quebec market,” continues Dufourmantelle.

The Vert Mirabel joint venture was established in December 2017 between the Company, Canopy Growth, and Bertrand. Bertrand is a large-scale greenhouse operator and, prior to converting to cannabis, they were the largest producer of pink tomatoes in Canada. The Company holds approximately 26% of the common equity at Vert Mirabel in addition to its Class A preference share position.  For more information regarding the Company’s investment in Vert Mirabel, please refer to the joint management information circular (the “Circular”) of Canopy Rivers Corporation and the Company dated August 8, 2018, filed with Canadian securities regulators and available on the Company’s profile on SEDAR at www.sedar.com.

About Canopy Rivers Inc.

The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth (TSX:WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Forward-Looking Statements

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding the pedigree of management and quality of infrastructure; Vert Mirabel being a provider of choice; and expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: regulatory and licensing risks; the ability of Vert Mirabel to obtain a licence to sell cannabis under applicable legislation in Canada; the ability to secure distribution and sales channels; changes in general economic, business and political conditions, including changes in the financial markets; potential conflicts of interest; the Canadian regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; changes in applicable laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; and the risk factors set out in the Circular, filed with Canadian securities regulators and available on the Company’s profile on SEDAR at www.sedar.com.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the 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.

For further information, please contact: 

Canopy Rivers Inc.

Karoline Hunter
Sr. Director, Investor Relations & Communications
E-mail: ir@canopyrivers.com

Daniel Pearlstein
Executive Vice President, Strategy
E-mail: daniel@canopyrivers.com

$RIV.V $CGC Announces Proposed Restructuring of Investment in TerrAscend

TORONTO, Oct. 09, 2018 – Canopy Rivers Inc. (the “Company”) (TSXV: RIV) is pleased to announce it has entered into an arrangement agreement (the “Arrangement Agreement”) through its wholly-owned subsidiary, Canopy Rivers Corporation (“Canopy Rivers”), with TerrAscend Corp. (“TerrAscend”) (CSE: TER) pursuant to which TerrAscend will restructure its share capital by way of a plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”).

TerrAscend wishes to pursue strategic transactions in the cannabis sector internationally, including select opportunities in the United States. To accommodate TerrAscend’s strategic pursuits, while also maintaining strict compliance with industry regulations and the policies of the various securities exchanges, Canopy Rivers has agreed to restructure its investment and waive certain restrictive covenants that were granted by TerrAscend in connection with the original investment by Canopy Rivers, Canopy Growth Corporation (TSX: WEED, NYSE: CGC), JW Opportunities Master Fund Ltd., JW Partners LP, and Pharmaceutical Opportunities Fund LP.

“We are excited for our partners at TerrAscend to extend their investment and operating strategy into new global markets” said Bruce Linton, Chairman and Acting CEO of Canopy Rivers, and co-CEO of Canopy Growth Corporation. “As TerrAscend pursues international growth, beginning in what is anticipated to be the largest cannabis economy in the world, we believe their team is well-positioned to take advantage of opportunities in regulated jurisdictions, and we are confident in their ability to leverage their pharmaceutical resources and strategic relationship networks to identify and execute compelling transactions.”

Canopy Rivers currently owns 11,285,456 common shares (the “Common Shares”) in the capital of TerrAscend and common share purchase warrants (the “Warrants”) entitling Canopy Rivers to acquire 9,545,456 Common Shares at a price of $1.10 per Common Share.

Pursuant to the Arrangement, Canopy Rivers will exercise its Warrants for no cash consideration, resulting in the net issuance of 8,159,456 Common Shares based on the five day volume weighted average trading price of the Common Shares of TerrAscend on the Canadian Securities Exchange (the “CSE”) for the period ending October 5, 2018, the last trading day prior to the date of the Arrangement Agreement. All Common Shares held by Canopy Rivers will thereafter be exchanged pursuant to the Arrangement for new, conditionally exchangeable shares in the capital of TerrAscend (the “Exchangeable Shares”).

The Exchangeable Shares will become convertible into Common Shares following changes in U.S. federal laws regarding the cultivation, distribution or possession of marijuana, the compliance of TerrAscend with such laws and the approval of the various securities exchanges upon which the holder’s securities are listed. The Exchangeable Shares are not transferrable or monetizable until exchanged into Common Shares. In the interim, each holder of Exchangeable Shares will not be entitled to voting rights, dividends or other rights upon dissolution of TerrAscend.

“We are optimistic regarding the continued evolution of global cannabis regulations,” said Linton. “The restructuring of our investment in TerrAscend is intended to create long-term value for our shareholders as it positions the Company with optionality and conditional future exposure to a significant new market in a manner that is compliant with the current policies of the exchanges and regulations that govern our industry.”

The Company does not engage in any U.S. cannabis-related activities as defined in Canadian Securities Administrators Staff Notice 51-532. While the Company has an interest in TerrAscend, TerrAscend has not engaged in cannabis-related activities in the U.S. to date and will not do so until closing of the Arrangement. Cannabis remains a Schedule I drug under the United States Controlled Substances Act, making it illegal under federal law in the U.S. to cultivate, distribute or possess cannabis.

For TerrAscend, the Arrangement will require approval by 66 2/3 percent of the votes cast by its shareholders as well as a simple majority of disinterested shareholders voting at a special shareholder meeting. The Arrangement is also subject to all necessary regulatory approvals, including that of the CSE.

About Canopy Rivers Inc.

The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth (TSX:WEED, NYSE: CGC) to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Forward-Looking Statements

This news release contains statements which constitute “forward-looking information” within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with respect to future business activities and operating performance. Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” or similar expressions and includes information regarding the business and operations of TerrAscend, U.S. cannabis regulatory reform, dividend payments and other distributions and expectations for other economic, business, and/or competitive factors.

Investors are cautioned that forward-looking information is not based on historical facts but instead reflects management’s expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of the Company. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the ability of the parties to receive, in a timely manner and on satisfactory terms, the necessary regulatory, court and shareholder approvals; other expectations and assumptions concerning the Arrangement; changes in general economic, business and political conditions, including changes in the financial markets; the U.S. regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation; public opinion and perception of the cannabis industry; the actual operating and financial performance of TerrAscend; risks related to the U.S. cannabis industry generally; as well as the risk factors set out in the joint management information circular of Canopy Rivers and the Company dated August 8, 2018, filed with Canadian securities regulators and available on the Company’s issuer profile on SEDAR at www.sedar.com.

As cannabis remains illegal under federal law in the U.S., financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the U.S. may form the basis for prosecution under applicable U.S. federal money laundering legislation. Strict compliance with state laws does not absolve a company of liability under U.S. federal law, nor will it provide a defense to any federal proceeding. Accordingly, future business activities of TerrAscend may violate U.S. federal law and may have a material adverse effect on the business, operations and financial condition of the Company as a result of various reputational, contractual and legal risks associated with the Company holding the Exchangeable Shares.

Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.

Neither the 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.

For further information, please contact: 

Canopy Rivers Inc.

Karoline Hunter
Sr. Director, Investor Relations & Communications
E-mail: ir@canopyrivers.com

$YGYI Targeting the CBD Market

• Youngevity is a top omni-direct lifestyle business
• The company is leveraging growth opportunities related to cannabidiol oil
• Company added two new hemp-derived cannabidiol products, expanding HempFX line to five offerings

Youngevity International, Inc. (NASDAQ: YGYI) is among the ‘Top 100 Global Direct Selling Companies’. Along with unique services, Youngevity offers products from the top selling retail categories. These categories include health/nutrition, home/family, food/beverage, spa/beauty, fashion, essential oils and photo. The company distributes its products and services via a worldwide network of preferred customers and distributors. A foremost omni-direct lifestyle company, Youngevity International has its corporate headquarters in Chula Vista, California.

Youngevity offers a hybrid of the direct selling business model. This model encompasses person-to-person selling relationships, which consist of a “network of networks.” This model additionally offers e-commerce and the power of social selling. The company offers a host of consumer products and services. This includes its diverse gourmet boutique coffee blends from wholly-owned subsidiary CLR Roasters. CLR Roasters’ products are produced through a vertically integrated “farm-to-cup” pipeline.

Furthermore, Youngevity is in the process of entering the cannabis market. The company’s plant-based nutrition experts are guiding its team toward the development of a complete line of proprietary hemp-derived cannabidiol oil products (http://nnw.fm/6W7cu).

Cannabidiol supplements are set to burst out ahead of biopharma as the Farm Bill legalizes hemp. This is according to CannabisNewsAudio, which recently announced an Audio Press Release (APR) regarding this milestone featuring Youngevity International, Inc. Furthermore, the complete legalization of recreational marijuana is set for Canada this month, so opportunities exist in this marketplace (http://nnw.fm/5dHBJ). In addition, cannabis is swiftly moving toward decriminalization throughout the worldwide marketplace.

Youngevity International is positioned to take advantage of growth opportunities to serve the new demands of consumers. The company just announced the expansion of its HempFX line with the launch of two new hemp-derived cannabidiol products: HempFX Hydration – Sleep and HempFX Hydration – Pure. In a news release, Steve Wallach, chief executive officer of Youngevity International, said, “Plant-based nutrition is fundamental to our product development philosophy. That’s why we’re especially excited to enter this rapidly growing market with two new products.”

The company is employing its “field-to-finish” strategy regarding its hemp-based cannabidiol business. This strategy is much akin to its coffee business strategy and involves a complete approach to cultivation, production and distribution. Strict quality control is the primary aim.

The company’s new proprietary HempFX line of hemp-derived cannabidiol oil products perfectly complements its product development philosophy. With this philosophy and its business strategy, Youngevity International foresees growing revenue opportunities across the vertical as it innovates with pioneering products and services.

For more information, visit the company’s website at www.YGYI.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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$CGC $RIV.V Quickly Progresses Into a Global Strategic Growth Platform

• Canopy Growth will reduce exposure to dilution and debt with the investment model of the new company.
• The business model of Canopy Rivers has one major flaw.
• The way Canopy Rivers must be analyzed in order to understand its growth potential.

Canopy Growth (NYSE: CGC) is near to spinning off its new financial investment company called Canopy Rivers into a publicly traded firm, which will pursue investment opportunities in the growing cannabis sector.

With a business model that has done extremely well for companies in other markets, if it is able to successfully leverage the model, Canopy Rivers has the potential to grow larger than Canopy Growth in the years ahead.

We’ll look at the business model and strategy of Canopy Rivers, and use a highly successful company that uses a similar model in a different industry as a baseline to measure its potential against.

Canopy Rivers is scheduled to start trading as (TSX.V: RIV) on Thursday, September 20, 2018. My expectations are it’ll start trading over the counter two to three weeks later.

What Canopy Rivers is

In July 2018, after raising $104 million and announcing it was close to going public, the company provided this description of its business:

The Company is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. The Company works collaboratively with Canopy Growth to identify strategic counterparties seeking financial and/or operating support. The Company has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth and collaborate among themselves, which the Company believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem.

Basically, how the deal will be made is Canopy Rivers will make an offer for a desirable company competing in the cannabis space, taking a partial stake in the business. Not only will it provide capital but its management expertise as well.

Presumably, later on, if the investment pays off well, it’s highly probable it could acquire entire companies. That’s not a certainty, but it would have to be at least part of its strategy for the companies that respond well to its investment and improved execution.

While I’ve seen some pundits gushing about the potential of the new company, there is a major headwind we’ll get into that will determine its long-term performance.

Strengths and weaknesses of the business model

We’ve already looked at the two strengths associated with the business model of Canopy Rivers, which is to provide capital via taking a position in a specific company and then providing its expertise to improve operations and make it more competitive.

There is a third vital area that isn’t included in its model, or at least it’s not observably present at this time, and I’m going to use the highly successful Constellation Software as a baseline to help identify and understand why it’s important to Canopy Rivers being an extraordinary success.

For many years, Constellation Software has successfully identified and acquired software companies that it has supplied capital and its expertise to. What makes it different is it has targeted companies that compete in niches or verticals that larger companies have no interest in acquiring because of their relatively small size.

So, while providing capital and management expertise is important, it’s not as important as finding companies to acquire that have very little competition, which means they can be acquired cheaply and have few if any peers. They perform well if they’re a big fish in a small pond.

Canopy Rivers can make acquisitions that can build its production base, diversify products, and expand to different geographic areas. The problem is any company can do the same that has enough capital and talent in the cannabis industry. They don’t have to compete in the cannabis segment, but if they have enough money, like some of the deep-pocketed tobacco, soft drink, and beer companies do, this is an easily reproducible strategy.

Having said that, where Canopy Rivers could do well going forward is it is looking to make investments in smaller, quality cannabis companies that need a cash infusion. With the ongoing industry consolidation, the companies with a lot more capital to offer aren’t going to look at tiny companies that do little as an add-on to their much larger business.

In the case of Constellation Software, its business model had a built-in moat, which was it acquired smaller software companies that competed in a very narrow niche, such as waste disposal, local real estate, medical, and a variety of other market segments.

The challenge for Canopy Rivers is even if it buys a position in a significant number of cannabis firms, it hasn’t done much to differentiate, which is the key to its long-term success. If its acquisitions don’t create a defensible moat, then it’s doing nothing to keep from becoming a commodity business.

The biggest question for Canopy Rivers is whether or not there’s a large enough base of verticals within the cannabis to generate significant numbers. In other words, if it takes a position in a targeted company, does it have a number of other peers that can continue to compete against it? Are there cannabis verticals that exist which provide products or services that are in demand, but the market is small enough to be profitable, but not large enough to attract larger buyers.

Then there is the fact there are a number of its peers that could employ the same strategy. That has happened on the production and distribution side already. That’s why I say the verticals in the industry are what matter, and I’m not even sure enough exist that make the long-term growth of Canopy Rivers sustainable.

Outside of cannabis production and sales, medical pot, and hemp, there aren’t a lot of other verticals for Canopy Rivers to choose from in the space. It could take a position in a company that helps others build infrastructure and greenhouses, but again, that isn’t something that can’t be easily done by competitors.

If Canopy Rivers and Canopy Growth can execute very well and has the opportunity to make money from its investments on the picks and shovel side of the business or make money from management fees, it could do very well. There is, of course, also the potential of the companies it invests into grow as well, providing more growth.

Is a moat possible with Cannabis Rivers?

If Cannabis Rivers is to build a moat, it would have to do so in relation to the types of companies it invests in. The first thing to look for would be the size of the investment in the companies, which as already stated by Canopy Rivers, will be no higher than approximately $10 million. That would mean few if any larger competitors would be interested in competing for them because of their smaller size, which would drive up the price. Unless the company was to change its strategy, this isn’t going to be an issue. With that in mind, only its peers would be considered competition for taking a position in these smaller cannabis firms.

The most important thing to consider in regard to the potential for Cannabis Rivers to develop a moat would be the type of companies it acquires. I’m looking for something different than production, which as mentioned earlier is easy to replicate. Some considerations would be expanded or improved distribution systems, approval for medical usage, and other things in the industry that are difficult to reproduce.

Last, the one area it could take a big lead in that would be hard for its competitors to copy would be to take positions in companies that have high-quality leadership that it locks in through agreements. If it reaches them before its competitors do, it could dry up the talent pool in the short term, which would make it difficult for competitors to follow until the talent pool in the market expands; that will take time.

Conclusion

Canopy Rivers is a company I want to like, and may even take a position in it in the early months after it goes public. It is likely to receive the benefit of its parent company Canopy Growth, and ride its coattails for a period of time; although there are growing concerns about its rapid increase in share price and market cap as well as the strong probability it’s going to correct big in the near future.

The key to its long-term viability is whether or not verticals emerge in the industry that provides defensible moats because of their smaller size and lack of competitors. I don’t see much of that yet, but it’s likely that more will emerge over time.

For investors interested in Canopy Rivers, that’s the key to determining its future potential. If it takes positions in companies that compete in a commodity segment of the cannabis sector, which is probably all of them at this time, it’s only buying more revenue but not much in the way of earnings.

Of course, revenue is important at this time, and I see that as the main driver in the cannabis industry in the short term. But further out, if verticals don’t emerge in the industry that has revenue and earnings growth potential while being too small for larger players wanting to take a meaningful position in the larger cannabis companies to take interest in, Canopy Rivers will struggle to maintain sustainable growth on the top and bottom lines.

The positive for Canopy Growth is by using Canopy Rivers as an investment arm, it allows it to grow via its 25 percent stake in the new company, without diluting its share price by taking positions in other companies, such as Aurora Cannabis has done.

That’s important because the market has punished Aurora Cannabis because of the level of its dilution, and Canopy Growth is certainly looking for ways to grow without having that same impact on its share price.

At this time, I think Canopy Rivers will be a positive for Canopy Growth, but if it struggles to acquire companies that compete in verticals with a moat, if they even exist in any meaningful numbers at this time, it could eventually be a weight on its performance. On the other hand, if it is successful in its acquisitions, this could be a huge growth catalyst for both companies.

I could even see it being bigger than any other revenue stream for Canopy Growth if Canopy Rivers is successful.

Authored by Gary Bourgeault of Seeking Alpha

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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.

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$VVCIF 420 with CNW – U.S. Feds Affirm Stance on Canadian Marijuana Industry

$NUGL Cannabis Networking Software Building Steam with Customer-Responsive Outlook

• NUGL pressing first mover status with wide array of search variables for cannabis consumers
• Recent “Stock Day” interview and sales VP addition highlight company’s increasing exposure to marketplace
• NUGL exceeds estimates for application downloads and sign-ups

NUGL Inc. (OTC: NUGL), an internet-based search engine that gives cannabis users a responsive directory specialized to their need to find outlets with defined products, is continuing to roll out new features, including options that allow members to share comments on their results, as the company prepares to monetize its operations with new growth.

“We are getting into the market very methodically. We are gaining users and brands. We are putting together some strategic alliances. It’s going good,” C.J. Melone, the company’s technical engineer of software programming, told “Stock Day” host Everett Jolly in a recent interview (http://nnw.fm/g0NGJ).

“We built an application that addresses every type of business in the 420 sector, such as services from a CPA or a real estate agent. We cover dispensaries and hydro-stores, and we really focus on a brand – for example, a new vape pen coming out or a new strain of marijuana,” Melone continued. “We are growing every day. We are not trying to do things on a whim. We are in this for the long haul.”

NUGL is the cannabis industry’s first search app and online directory offering metasearch power with unbiased search results that don’t foster paid placement listings or preferential outside reviews. The search engine serves an international market without geographic borders and offers users a simple way to verify the cannabis brand retailers closest to the consumer with the desired products or services, including ancillary services such as medical or legal help.

The growth of client traffic and application downloads has advanced the possibility of advertising placements that will include featured listings, pulsating icons on the map, unobtrusive pop-ups for messages and internal “blasts” to users. Melone said that the company is beginning to accept advertising to monetize its app and will look at other options after about 30 days as it analyzes usage.

“The challenge is always marketing and gaining those eyeballs. And then the second challenge, that we are doing pretty well with, is really educating people… and really teaching these brands how to become more sophisticated and market their product and bring it to market. A lot of things that they can do in the industry they can simply can do in the software,” Melone added.

The company builds profiles that also link marijuana industry insiders with each other in a B2B capacity, allowing new ventures access to a network that might otherwise be hard to establish. Melone noted that the app has a lot of the same features offered by larger competitors, but “with the B2B application that we offer on the back end, in the cannabis space we really don’t have any competition yet.”

Melone expects that to change, making NUGL responsible for staying relevant and responsive to its users. The company grew fast at launch thanks in large part to a social media presence that reached about 10,000 followers in its first month (http://nnw.fm/tiSD0).

NUGL also recently announced its decision to bring Bob Waters on board as vice president of sales (http://nnw.fm/Eh98s). Waters, the former associate publisher and sales director of Culture Magazine, exemplifies the quality of the company’s executive leadership and its foundation in advertising and sales.

“I’m a firm believer in the value of building and protecting an excellent reputation,” Waters stated in a news release. “When I was first introduced to NUGL and read the company’s philosophy, ‘for the people by the people,’ it raised my interest. I started to learn more about what NUGL is building and the company’s long-term goals and thought, I really want to be a part of this, and so I am. Culture Magazine has been great to me and we plan to work with them in the future.”

For more information, visit the company’s website at http://nnw.fm/NUGL

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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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$TMSR Supporting the Principles of Sustainability in China

• Owner of two international U.S. patents and six patents issued by the People’s Republic of China, including three invention patents and three utility model patents
• Revenue for China’s solid waste recycling industry grew at a CAGR of 13.5 percent to an estimated $16.2 billion from 2014-2018
• Sustainable and eco-design recycling trends of industrial waste recycling creating value by extending a products’ life-cycles
• TMSR’s patented green technology allows industrial companies to extract valuable metal byproducts from solid industrial waste
• Global mining waste management market expected to reach 233.56 billion tons by 2022 at a CAGR of 6.1 percent from 2017-2022

TMSR Holding Company Limited (NASDAQ: TMSR), together with its subsidiaries, is providing a clear choice for companies producing industrial solid waste in China that are looking for a clean alternative to traditional waste disposal. Recognized as an industry leader in the research, development, production and sale of solid waste recycling systems and zero emissions process systems for the industrial and mining sectors in the People’s Republic of China, TMSR operates through its wholly owned business divisions: Shengrong Environmental and Wuhan HOST Coating Materials.

The solid waste recycling industry in China continues to grow, even after the Chinese government banned the import of 24 categories of recyclables and solid waste by the end of 2017. The country’s high demand for limited resources, rising concerns about the environment and urbanization are fueling the industry’s growth. Revenue for the solid waste recycling industry in China grew at an annualized rate of 13.5 percent from 2014-2018 to an estimated $16.2 billion, according to an industry report issued by IBISWorld (http://nnw.fm/nL0lQ).

The global waste recycling market, which covers municipal solid waste, industrial non-hazardous waste, construction and demolition waste, plastic waste,and waste from electrical and electronic equipment, is also expanding and expected to generate $282.1 billion in 2018, according to a report by Frost & Sullivan (http://nnw.fm/d5KU7).

TMSR subsidiary Shengrong Environmental designs, builds, sells and services customized solid waste recycling systems and equipment to tackle much of the waste produced by these industries. Shengrong’s patented equipment can process aluminum slag, copper mine tailings, iron mine tailings, red mud manganese tailings and molybdenum tailings, among many others. Unlike traditional chemical-based recovery methods, the company extracts resalable metals from the waste without generating any pollution. The residues are processed to manufacture high-quality construction materials, turning polluted solid waste into valuable industrial materials with zero discharge (http://nnw.fm/s6nuB).

Trends of industrial waste recycling include innovative business models and disruptive technologies including “green technologies” such as those offered by TMSR. By supporting principles of sustainability, TMSR provides end users in the solid waste recycling markets a clean alternative that significantly reduces solid waste discharge into the environment, reducing energy use and pollution while creating value for businesses and extending products’ life-cycles.

For more information, visit the company’s website at www.TMSRHolding.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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$TGODF Closes Acquisition of Hempoland

TORONTO, Oct. 2, 2018 – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company’s commitment to building shareholder value through international expansion.

“HemPoland has proven an ability to execute through quality product development and strong brand awareness. We are incredibly pleased with this transaction, a key milestone in our long-term acquisitions strategy.  The acquisition is accretive to our shareholders, delivers immediate revenue, and opens a new vertical for TGOD.  We’re incredibly excited to have such an innovative and strong entrepreneurial team join our TGOD family,” said Brian Athaide, TGOD’s CEO.

Europe is home to three-quarters of a billion potential consumers, and HemPoland is a leading manufacturer and marketer of premium CBD oils within this market. This acquisition provides TGOD with immediate revenue, access to HemPoland’s significant distribution network, state-of-the-art hemp oil extraction technology and the premium top selling Cannabigold brand.

In connection with the transaction, TGOD has paid US$7.75 million in cash and has issued 1,968,323 restricted shares that will be escrowed for a term of three years from closing. Additionally, there is a contingent consideration of up to 3,047,722 deferred shares based on HemPoland achieving US$32 million in EBITDA for the financial year 2021. TGOD will invest a further US$10.3 million in HemPoland to fund innovative product development and rapid European expansion.

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

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 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (ACB.TO) whereby Aurora has invested approximately C$78.1 million for a 20% off-take agreement on Canadian production. The Company has raised approximately C$350 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.

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 in any jurisdiction 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.

$SNNVF Raising Funds through Sale of Units

• A syndicate of underwriters is to purchase 3.8 million units at C$5.27 per unit
• Sale terms are an amendment of previously announced agreement to sell 1.9 million units
• Sunniva is closer to achieving full vertical integration in California with launch of Sunniva-branded product lines commencing in Q4 2018

Sunniva Inc. (CSE: SNN) (OTCQX: SNNVF), a vertically-integrated medical cannabis provider, aims to raise C$20 million through the sale of units of the company to a syndicate of underwriters spearheaded by Beacon Securities Limited and Canaccord Genuity Corp., according to a company press release (http://nnw.fm/q1sZw).

Sunniva announced that the syndicate will purchase 3.8 million units priced at C$5.27 per unit, an amendment of the previously publicized agreement which said that the syndicate was to buy 1.9 million units. Subject to the approval of the Canadian Securities Exchange, the closing date of the deal will be October 10. The funds realized from the sale will go toward working capital, among other corporate expenses.

Sunniva recently released its second quarter results, at which time the company’s management said that they looked forward to future revenue opportunities (http://nnw.fm/s5F2d). In a news release, CEO Dr. Anthony Holler said, “We made great progress in Q2 2018 towards our goal of becoming a truly vertically integrated cannabis company in the U.S. In California, construction progressed at our phase one 325,000 square foot state-of-the-art Sunniva California Campus with completion targeted by the end of this year and first harvest expected in Q1 2019. Our extraction facility began generating revenue this quarter. We continue to secure new contracts and are excited about the future revenue opportunities in this and other vertical channels that maximize the synergies with our Vapor Connoisseur device business.”

In the six months up to June 2018, Sunniva’s total revenue amounted to C$9.6 million, against a net loss of C$11.2 million, compared to a C$11.7 million loss in the same period last year.

Speaking of the company’s immediate future plans, Dr. Holler said that its focus in California and the U.S. is to leverage its cultivation and extraction facilities and aggressively expand upstream distribution and retail opportunities to achieve full vertical integration from seed to sale, “which will include a focus on soon launching Sunniva branded product lines in various product categories including flower, extracted products, vaporizers and beverages.”

The first half of the year saw Sunniva entering separate agreements to provide distilled oil products to two leading California brands. Sunniva’s subsidiary, CP Logistics, has a deal with Farmacy Phactory, a producer of high-terpene strains of cannabis. CP Logistics will also produce distilled oil products for Cali Gold.

Sunniva has experienced significant expansion over the last year, including beginning construction of a new 759,000 square foot facility in Okanagan Falls, Canada, and opening a new clinic in its Natural Health Services referral network of cannabis-related clinics.

Dr. Holler continued, “In Canada, we received our Confirmation of Readiness letter for a license from Health Canada and broke ground and commenced construction on the 759,000 square foot Sunniva Canada Campus in Okanagan Falls, British Columbia. Our Natural Health Services’ clinics reported another strong quarter of revenue generation and together with the future production from the Sunniva Canada Campus, provide a solid foundation for future Canadian growth opportunities.”

For more information, visit the company’s website at www.sunniva.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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$VVCIF and Loyalist College Collaborate on Cannabis Applied Research Project

NAPANEE, Ontario, Oct. 05, 2018 — VIVO Cannabis Inc. (TSXV:VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”), through its wholly owned subsidiary ABcann Medicinals Inc., and Loyalist College’s Applied Research Centre for Natural Products and Medical Cannabis (ARC) have entered into an applied research agreement to investigate and develop innovative processes for the extraction and formulation of cannabis oil for commercialization.

By partnering with Loyalist, VIVO aims to develop optimized processes for extraction, expand its capacity to develop new products, and contribute to unique and advanced experiential learning opportunities for students while preparing them to become future leaders in the Canadian cannabis industry.

VIVO and Loyalist’s ARC intend to achieve the following objectives as part of this agreement:

• Investigate new processes and technologies to increase the efficiency of producing high-quality, well-characterized medical cannabis oil for commercialization;
• Facilitate applied research projects in extraction and testing;
• Investigate opportunities for new product formats and formulations for commercialization; and
• Implement experiential learning opportunities at VIVO that allow Loyalist students to apply and advance their industry knowledge.

“VIVO is excited to enter into this collaboration with Loyalist,” said Jaipaul Massey-Singh, VP of Product Development and Supply at VIVO. “The changes in our industry are rapid and dynamic, and to be successful it’s critical that we not only seek ways to innovate in the present but also foster future innovation. We believe our agreement with Loyalist will be highly beneficial for both organizations and look forward to collaborating on a range of projects that will allow students to contribute to our growth while we all learn and continue to produce the highest quality products for our customers.”

“We look forward to investigating new processes and technologies with VIVO,” said Ann Drennan, Senior Vice-President Academic and Chief Learning Officer. “This collaboration gives Loyalist students the opportunity to gain hands-on experience in green technologies while working with an industry partner in the cutting-edge cannabis oil industry.”

About Loyalist College’s Applied Research and Innovation Department

Currently, Loyalist is the only College in Canada and the only Ontario academic institution to have a laboratory approved to conduct research activities with cannabis under the Narcotic Control Regulations, as listed on the Government of Canada’s website. Through Loyalist’s Applied Research and Innovation Department, the College collaborates with industry partners in various fields on applied research projects, creating amazing learning experiences for students and faculty of all disciplines. The College has had success with funding support through Ontario Centres of Excellence (OCE) and the Natural Sciences and Engineering Research Council of Canada (NSERC) on a variety of projects. This allows Loyalist to increase capacity to work with local industries and businesses, support faculty who are committed to conducting research and to facilitating student research experiences. It has increased the capacity of Ontario industries to conduct applied research and attract new investors, stimulating innovative product development and job creation in the region. For more information, visit loyalistcollege.com.

About VIVO Cannabis™

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical™, FIRESIDE™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a new free telemedicine app providing best-in-class education and support to over 15,000 patients. VIVO has a healthy balance sheet with over $100 million in cash and is well-positioned to accelerate the growth of our business, in Canada and internationally.

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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 Statements

Certain statements in this news release may be considered forward-looking statements, which are statements that are not purely historical, including statements regarding the beliefs, plans, expectations or intentions of VIVO and its management regarding the future. Forward looking statements in this news release include statements relating to the intended objectives and expected benefits of the collaboration with Loyalist.  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 the possibility that the collaboration with Loyalist will not be successful or that VIVO may not derive the expected benefits from the collaboration including with respect to the Company’s ongoing product development efforts. 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 the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018 and other continuous disclosure filings, which are available on SEDAR at www.sedar.com.  Readers are cautioned not to place undue reliance on these 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 the Company 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.

More Information

Barry Fishman, CEO VIVO Cannabis: barry.fishman@vivocannabis.com
Michael Bumby, CFO VIVO Cannabis: michael.bumby@vivocannabis.com
Website: vivocannabis.com

$DPW Super Crypto Mining Enters $2.5 Million Line of Credit

Subsidiary Creates Flexibility to Fund Growth Using Super Crypto’s Bitcoin

Newport Beach, CA, Oct. 04, 2018  — DPW Holdings, Inc. (NYSE American: DPW) (“DPW”), a diversified holding company, today announced that its subsidiary Super Crypto Mining entered into a Revolving Loan Agreement for up to $2.5 million and in connection with a Security Agreement granting interest in certain collateral, including bitcoin.

“It is important for each subsidiary to develop its own capital structure to create flexibility and provide opportunity for expansion,” stated DPW’s CEO and Chairman Milton “Todd” Ault, III. “As Super Crypto continues its plan to increase miners, this line of credit enables Super Crypto to deploy its assets – bitcoin – to fund growth.”

Terms and more information can be found in the Form 8-K filed yesterday on October 3, 2018 with the SEC.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements

The foregoing 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.com and on the Company’s website at www.DPWHoldings.com.

Contacts: 
Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com

$VVCIF Partners with Pharmascience to Develop Novel Cannabis Products

NAPANEE, Ontario, Oct. 04, 2018 — VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has entered into an agreement with Pharmascience Inc. (“Pharmascience”), a global pharmaceutical company based in Montreal that holds a Dealers License from Health Canada, to develop products containing cannabis that will make it easier for patients to use medical cannabis. The partnership reflects VIVO’s commitment to research and innovation and its goal of creating novel products which improve the safety and efficacy of medical cannabis.

On behalf of VIVO, Pharmascience is creating a line of specific medical cannabis formulations that are intended to maximize therapeutic benefit to patients by using pharmaceutical quality standards. It is anticipated that health care professionals and patients will welcome the availability of precisely-controlled, high-quality, standardized dosage forms of cannabis.

“VIVO, through our Beacon Medical™ division, is committed to launching innovative precise-dosage formats for medical cannabis, with the intent of enhancing patient safety and efficacy. We are pleased to combine our strengths with those of Pharmascience for the benefit of our current and future medical patients,” commented Barry Fishman, CEO of VIVO.

“We are very excited to associate with VIVO, a recognized Canadian Licensed Producer with a strong focus on quality and innovation, to develop new formulations that will benefit medical cannabis patients in Canada and in international markets where the use of cannabis-containing products for medical use is permitted,” added David Goodman, CEO of Pharmascience.

About VIVO Cannabis™

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical™, FIRESIDE™, Canna Farms™ and Lumina™. In August 2018, VIVO acquired Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has several years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. The Company is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics as well as a new free telemedicine app providing best-in-class education and support to over 15,000 patients. VIVO has a healthy balance sheet with over $100 million in cash and is well-positioned to accelerate the growth of our business, in Canada and internationally.

About Pharmascience

Founded in 1983, Pharmascience is the largest pharmaceutical employer in Quebec, with over 1,500 employees world-wide and proudly headquartered in Montreal. Pharmascience is a full-service, privately-owned pharmaceutical company with strong roots in Canada and a growing global reach, with product distribution in over 60 countries.

Pharmascience is a leading manufacturer and marketer of prescription generic, over-the-counter, and behind-the-counter products, as well as FDA approved Canadian-made injectables. It commercializes nearly 300 product families in 20 different dosage forms for over 2,000 products. In Canada alone, more than 45 million prescriptions a year are filled with Pharmascience products.

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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 Statements

This news release contains forward-looking statements, including statements regarding the Company’s partnership with Pharmascience; the Company’s goal of creating novel products that improve the safety and efficacy of cannabis; that the Company’s products are intended to maximize therapeutic benefits to patients; and that health care professionals and patients will welcome the availability of precisely-controlled, high-quality dosage forms of cannabis. The forward-looking statements in this release are based on certain assumptions and involve known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that: the Company and Pharmascience may be unable to bring unique and/or high quality products to market; the Company’s products may not produce the desired therapeutic results; regulations regarding cannabis may change without notice; the Company could be impacted by product liability risks; that health care professionals and patients will not embrace the Company’s products; and other factors beyond the Company’s control. The forward-looking statements contained in this news release should not be read as guarantees of future performance or results. A more complete discussion of the risks and uncertainties facing the Company appears in the Company’s Annual Information Form for the year ended December 31, 2017 and other continuous disclosure filings, which are available on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking statements as a result of new information or future events, or for any other reason, other than as required by applicable securities laws.

More Information

Barry Fishman, CEO: barry.fishman@vivocannabis.com
Michael Bumby, CFO: michael.bumby@vivocannabis.com
Website: vivocannabis.com

$NETE Payments Platform Poised for Performance as Bank Card Use in Russia Rises

• Russian ecommerce still 80 percent reliant on cash
• Net Element’s “PayOnline” payments platform to cash in on trend toward non-cash
• Strategic partnerships pave entry to Russian mobile and online payments market

In Russia, cash on delivery is not just a way to pay for takeout; it’s how over 80 percent of online purchases are remunerated, according to Ecommerce News Europe (http://nnw.fm/XeJw8). However, that is changing fast. In 2017, “financial cards and payments performed positively in Russia”, says Euromonitor International (http://nnw.fm/G9M4u). Russian consumers are changing their purchasing habits, it seems, as financial literacy and cashless payment solutions, like those offered by Net Element, Inc. (NASDAQ: NETE), come to market. A recent report from Zacks notes, “Net Element is a growth company in the payments industry that should benefit from the adoption of mobile and online payments in the U.S., Russia and Eastern Europe.” In fact, Net Element is the only U.S. company listed on the Nasdaq that stands to benefit from the Russian electronic payments expansion.

Russian consumers are a cautious lot, paying only for goods when they are received. Merchants display an equal degree of circumspection; they typically prefer cash-on-delivery (COD). COD in America was widely employed during the heyday of mail order commerce but has since been superseded by debit cards, credit cards and web-based payment systems. In other countries, COD is still an option. In the Middle East, around 60 percent of online transactions are completed by COD, prompting one commentator to lament (http://nnw.fm/jw5zV), “Cash on delivery is the biggest challenge for e-commerce players in the region. There are high return rates, a big lag time between order and payment and the need for delivery people to carry cash is a major risk.” The same challenges beset ecommerce in Russia. However, a payment platform like the one developed by Net Element is catalyzing consumer acceptance of non-cash payment.

The potential of this emerging market is not to be underestimated. Citing a recent report from Morgan Stanley, this column discloses that in the five-year period from 2018-2023, the Russian e-commerce market will grow by more than two-and-a-half times – to 3.491 trillion rubles ($53.15 billion) – from 1.292 trillion rubles ($19.67 billion) in 2018. In 2017, “the Association of E-commerce Companies (ACIT) estimated the volume at 1.04 trillion rubles ($15.83 billion).”

Net Element is on it. In 2017, the company’s PayOnline subsidiary launched Apple Pay support in Russia (http://nnw.fm/w9VIE). The global number of Apple Pay users is growing at a rate of over one million per week, while transaction volumes are up 500 percent over the last year. Since launching in Russia on October 4, 2016, the number of Apple Pay users in the country has increased to an estimated 200,000 and continues to grow. As a fully integrated electronic commerce platform, PayOnline is at the forefront of the payments industry in the region and poised for expansion into Russia. It is well positioned to capitalize on this developing trend by enabling and supporting mobile and e-commerce merchants to accept Apple Pay.

PayOnline is also collaborating with Bank Sputnik to offer a comprehensive multi-channel payment facilitator solution for SMB merchants in the Russian Federation (http://nnw.fm/3gwuT). This unique solution offers a set of tools not available from any other transaction processing company in the region and expands PayOnline’s offerings beyond electronic commerce. Under the exclusive partnership, Bank Sputnik will offer a fully compliant legal framework and bank sponsorship to enable PayOnline to process transactions as a payment facilitator. By provisioning a single, master merchant ID, PayOnline ensures that merchants and their clients benefit from an automated, real-time and seamless onboarding experience. The API-driven platform simplifies merchant account enrollment. A sub-merchant can be enrolled, approved, boarded and processing payments in a few minutes.

Net Element offers a broad range of payment acceptance and processing services that enable merchants of all sizes to accept and process over 100 different payment options in more than 120 currencies, including credit, debit, prepaid and alternative payments. The company also provides merchants with value-added services and technologies, including integrated payment technologies, POS solutions, security solutions, fraud management, information solutions and analytical tools.

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

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$SNNVF 420 with CNW – LA International Airport Allows Travelers to Carry Marijuana

$YGYI Launches Two New Hemp-derived Cannabidiol Products

SAN DIEGO, Oct. 4, 2018  — Youngevity International, Inc. (YGYI), a leading omni-direct lifestyle company, has announced the expansion of its HEMPFX line with the launch of two new hemp-derived cannabidiol products: HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure. Both products are expected to be available in November of this year.  These tablet-based products will be used with Youngevity’s Y-DR8+ proprietary, portable water bottle system designed to help provide great tasting water and reduce chemicals found in tap water. The Y-DR8 filter features (ACC) activated carbon cloth and is portable to fit today’s “on-the-go lifestyle.” The cannabidiol tablets will be housed above the water line and consumed as the water flows over the tablets.

HempFX™ Hydration™ – Sleep combines melatonin with organic, full spectrum, hemp-derived cannabidiol oil in a proprietary beverage enhancement tablet. Hemp Hydration Sleep is formulated to help sleep patterns to provide a restful night’s sleep with the health benefits of CBD.

Also available in tablet form, HempFX™ Hydration™ – Pure is added to water and quickly dissolves as it is consumed. It contains 25 mg of organic, full spectrum, hemp-derived cannabidiol oil per tablet. Hemp Hydration Pure is formulated to provide daily CBD for people of all ages who want organic, full spectrum CBD.

This announcement comes on the heels of YGYI’s launch of 3 hemp based products where its pre-production quantities sold out during its August 2018 sales convention.

“This bottle system is intended to provide people with a revolutionary point-of-use water system for great-tasting water and enables consumers to customize tap water based upon their health and wellness needs. It is a beverage technology that we expect will have broad consumer appeal and we are extremely excited to combine this technology with the benefits of hemp-based CBD,” stated Rick Anson, Vice President of Innovation and Emerging Markets of Youngevity.

“Plant-based nutrition is fundamental to our product development philosophy,” says Youngevity Chief Executive Officer, Steve Wallach. “That’s why we’re especially excited to enter this rapidly growing market with two new products. This significant resource that dates back over ten thousand years, hemp is an industrial product used in a variety of fields, from skincare to construction. It contains no THC, which means it has no psychoactive effects and doesn’t produce the ‘high’ commonly associated with marijuana plants.”

If you’d like to be among the first to get updates on the upcoming product launch, please visit https://www.hempfx.com/.

About Youngevity International, Inc.
Youngevity International, Inc. (NASDAQ:YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the eight top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.

Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and includes statements regarding HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure hemp-derived cannabidiol products being available in November 2018 and YGYI’s Y-DR8+ proprietary, portable water bottle system bottle system having broad consumer appeal, . These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to make the HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure hemp-derived cannabidiol products available in November 2018, our success in developing broad consumer appeal for YGYI’s Y-DR8+ proprietary, portable water bottle system, our ability to continue our international growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability  to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance, and the other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2017 and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts:

Investor Relations
YGYI Investor Relations
800.504.8650
investors@ygyi.com

Media Relations
Trendlogic PR
800.992.6299
contact@trendlogicpr.com

$TGODF Names Seymour to Advisory Board; Updates Spin-Off Transaction

• TGOD cited by The Motley Fool for its alternative products, particularly its focus on cannabis-infused beverages and its possible role as a partner for a brand name producer
• The company also named high profile American investor and TV personality Tim Seymour to its advisory board; it says Seymour will offer advice on global finance strategies
• TGOD updated its transaction regarding the spinoff of its wholly owned subsidiary, TGOD Acquisition Corporation (“SpinCo”), and announced a private placement of up to $10 million

The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) has attained a higher profile by adding well known investor and TV strategist Tim Seymour to its advisory board. TGOD was also highlighted by site The Motley Fool for its focus on alternative products. TGOD also described a private placement that would have gross receipts of up to $10 million.

Tim Seymour is a well-known television personality with more than 22 years as a capital markets professional. He appears on CNBC’s “Fast Money” and is seen as “invaluable” to the TGOD as it builds its organic cannabis brand, according to CEO Brian Athaide (http://nnw.fm/Feov3).

TGOD also announced a private placement that would generate up to $10 million in gross receipts in connection with its spinoff of its SpinCo subsidiary. The non-brokered private placement would offer up to 20 million subscription receipts at a price of $0.50 apiece (http://nnw.fm/YSke4). The transaction is subject to regulatory and court approval.

The Motley Fool website highlighted TGOD as one of five emerging growers in the Canadian cannabis industry (http://nnw.fm/Tj7jP). It also conjectured about TGOD’s role as a possible future partner in the beverage industry:

“The Green Organic Dutchman, which was one of the largest pot-based initial public offerings ever earlier this year, is currently expected to be the fourth-largest producer when at peak capacity. Management has suggested that the company can deliver 195,000 kilograms per year. But it’s not gross yield that allows The Green Organic Dutchman to stand out. Instead, it’s the company’s focus on alternative products.”

“Amid a flurry of press releases in June, TGOD, as the company is also known, announced that it was going to construct a 287,245-square-foot facility on its 72.4-acre Valleyfield property that would be devoted to beverage and edible production. TGOD’s focus on cannabis-infused beverages is of particular interest given how eager beverage companies have been to spark their own growth by entering the marijuana space. In August, Molson Coors Brewing formed a joint venture with HEXO Corp., while Constellation Brands announced a $3.8 billion equity investment into Canopy Growth. It’s clear that brand-name beverage companies have interest in partnering with the cannabis industry, and TGOD could be a logical partner with its foray into beverages.”

“As noted above, be aware that TGOD’s beverage and edible production will be at the mercy of Parliament and its ability to expand what consumables are legal.”

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

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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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$PBIO Accelerates Development of Novel Ultra Shear Technology Platform

Company’s Commitment Includes Significant Buildout of Manufacturing Space, Accelerated Instrument & ApplicationsDevelopment, Staff Additions, New IP Development, and Expanded Partnership Negotiations

SOUTH EASTON, MA / October 3, 2018 / Pressure BioSciences, Inc. (OTCQB: PBIO) (“PBI” or the “Company”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide life sciences industry, today announced it will commit significant additional financial and operational support to accelerate the development of its Ultra Shear Technology (“UST”) platform, effective immediately.

UST utilizes ultra-high pressure to create intense, momentary liquid shearing forces at controlled temperatures that result in a novel and continuous flow process for affordable and scalable homogenization of liquids, creams and gels. The UST platform creates nano-scale emulsion mixtures of otherwise immiscible fluids (like oils in water) that result in room-temperature stable homogenized products called nanoemulsions (suspensions of microscopic oil droplets in water). Nanoemulsions have been shown to exhibit improved sensory experience, protect food’s visual and nutritional qualities, and require lower amounts of added chemicals for preservation. For many oil-based nutritional and therapeutic products, nanoemulsions can offer superior water solubility and increased bio-availability for improved absorption via oral or topical administration. Furthermore, many medical (e.g., pharmaceuticals), industrial (e.g., inks) and retail (e.g., cosmetics) products should benefit from their preparation and delivery as high-quality nanoemulsions.

Dr. Edmund Ting, Sr. Vice President of Engineering for PBI, explained: “Nanoemulsions have been shown to exhibit improved absorption, higher bioavailability, and greater stability, while often requiring lower levels of stabilizing chemicals (emulsifiers) than macroemulsion products. Because of these significant advantages, nanoemulsions are currently the focus of numerous research efforts worldwide. Cost-effective scale-up of nanoemulsion processing at a commercial level has been historically challenging, but we believe that PBI’s innovative process design patents provide the key to commercial success for nanoemulsion products.”

Dr. Nate Lawrence, Vice President of Marketing and Sales at PBI, said: “We believe there are significant opportunities for room-temperature stable, economically-scalable nanoemulsion products worldwide, such as large scale premium dairy products and other high-volume food products like salad dressings. These opportunities become particularly exciting in high value products like lubricants, cosmetics and nutraceuticals. We believe that PBI’s vast experience and expertise in harnessing the power of high pressure for the biotechnology and pharmaceutical areas, coupled with our new and growing Ultra Shear Technology patent estate, has positioned us to be uniquely qualified to lead in this important new area.”

Mr. Richard T. Schumacher, President and CEO of PBI, commented: “We have committed approximately 2,000 sq. ft. of recently acquired space to our Ultra Shear Technology platform development and nanoemulsions commercialization program. We view this as an extraordinary opportunity that offers a range of major new market segments for PBI. We have instructed our Engineering and R&D personnel to finalize the development of our first-generation UST instrument and to make the generation of proof-of-principle nanoemulsion data for multiple product areas their top priority. We have also reallocated significant time and resources from several staff members to the UST platform development program.”

Mr. Schumacher concluded: “Finally, we are rapidly accelerating discussions with multiple U.S., Canadian, and other companies, academic organizations, and government agencies that have expressed a strong desire to collaborate with PBI and acquire access to our proprietary UST process. We are on course to establish collaborative development projects with multiple companies and research groups addressing different product and market opportunities. These programs should lead to revenue-generating products in the near future. We believe there are many industries that can benefit from UST-produced nanoemulsions and that this can be an area of rapid and sizeable growth for PBI moving forward.”

About Pressure BioSciences, Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of high pressure-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, food science, soil & plant biology, forensics, and counter-bioterror applications. Additionally, PBIO is actively expanding the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics manufacturing and contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.

Forward Looking Statements

This press release contains forward-looking statements. These statements relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed, implied or inferred by these forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “could,” “would,” “expects,” “plans,” “intends,” “anticipates,” “believes,” estimates,” “predicts,” “projects,” “potential” or “continue” or the negative of such terms and other comparable terminology. These statements are only predictions based on our current expectations and projections about future events. You should not place undue reliance on these statements. In evaluating these statements, you should specifically consider various factors. Actual events or results may differ materially. These and other factors may cause our actual results to differ materially from any forward-looking statement. These risks, uncertainties, and other factors include, but are not limited to, the risks and uncertainties discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2017, and other reports filed by the Company from time to time with the SEC. The Company undertakes no obligation to update any of the information included in this release, except as otherwise required by law.

For more information about PBI and this press release, please click on the following website link:

http://www.pressurebiosciences.com

Please visit us on Facebook, LinkedIn, and Twitter.

Investor Contacts:

Richard T. Schumacher, President and CEO (508) 230-1828 (T)

Jeffrey N. Peterson, Chairman of the Board (650) 812-8121 (T)

$NUGL 420 with CNW – Why Legalizing Recreational Cannabis in New Jersey May Be a Game Changer

$VVCIF Announces $5 million Strategic Investment and Supply Agreement with Westleaf

NAPANEE, Ontario, Oct. 03, 2018 — VIVO Cannabis Inc. (TSXV: VIVO, OTCQX: VVCIF) (“VIVO” or the “Company”) is pleased to announce that it has made a $5 million strategic investment in Westleaf Cannabis Inc. (“Westleaf”), which is intended to be used by Westleaf to advance the roll out of their cannabis retail operations across Canada. Westleaf’s mission is to provide a sophisticated and differentiated approach to customer engagement, appealing to customers through music and cannabis culture.

Scott Hurd, President and CEO of Westleaf, said, “Our vertically integrated strategy, innovative retail concepts and high caliber retail locations differentiate us from our competitors in the cannabis industry. This investment by VIVO and the associated supply agreement are a strong endorsement of our strategy and team and are pivotal steps in advancing our position as a premium cannabis retailer in Canada.  VIVO’s reputation for delivering high-quality, trusted and innovative cannabis products and their commitment to creating adult-use brands that resonate with consumers aligns well with Westleaf’s innovative retail concept and strategy.”

Supply Agreement

Westleaf has entered into a multi-year supply agreement with VIVO under which VIVO will supply cannabis to Westleaf’s multiple retail locations, subject to regulatory approvals. The supply agreement provides Westleaf access to VIVO’s portfolio of engaging adult-use brands, FIRESIDE™, Lumina™ and Canna Farms™, as well as the option of creating in-house brands powered by VIVO’s high-quality cannabis products.

“VIVO is committed to providing high-quality products for the Canadian recreational cannabis market. We continue to build our presence in the adult-use market with this strategic investment in Westleaf, which impressed us with its innovative approach to cannabis retail marketing,” stated Barry Fishman, CEO of VIVO. “With our strong cash position of approximately $100 million, VIVO will continue to pursue opportunities across the full value chain. We look forward to working with the Westleaf team to bring our premium products to market.”

VIVO Strategic Investment

VIVO has invested CDN$5 million in exchange for 5,882,353 units of Westleaf, with each unit consisting of one Westleaf common share (each, a “Common Share”) and one-half of one common share purchase warrant (each whole warrant being a “Warrant”), at a price of $0.85 per unit. Each Warrant will entitle VIVO to acquire one Common Share at a price of $1.30 for a period of 24 months following the closing of the investment. Subject to certain conditions, Westleaf will have the right, on not less than ten days prior written notice to VIVO, to accelerate the expiry of the Warrants at any time if the ten day volume weighted average trading price of the Common Shares on any public stock exchange is greater than $1.80.

About Westleaf Cannabis

Westleaf is building a vertically integrated cannabis company focused on innovative retail experiences, engaging cannabis brands, and premium cannabis production. Westleaf is developing a national retail footprint for its retail concept “Prairie Records”, which leverages the instinctual tie of recreational cannabis and music and redefines the cannabis purchasing experience. Westleaf is constructing state-of-the-art cannabis production facilities in Alberta and Saskatchewan.

About VIVO Cannabis™

VIVO, based in Napanee, Ontario, is recognized for trusted, high-quality products and services. It holds production and sales licences from Health Canada and operates world-class indoor cultivation facilities with proprietary plant-growing technology. VIVO has a collection of premium brands targeting unique customer segments, including Beacon Medical™, FIRESIDE™, Canna Farms™ and Lumina™.  In August 2018, VIVO acquired Canna Farms Limited, a premium cannabis company based in Hope, British Columbia. Canna Farms was B.C.’s first Licensed Producer and has many years of craft cultivation experience and expertise, as well as a significant patient base and positive cash flow. VIVO is significantly expanding its production capacity and pursuing partnership and product development opportunities domestically, as well as in select international markets, including Germany and Australia. In addition, VIVO also operates Harvest Medicine, a patient-centric and highly scalable network of specialty medical cannabis clinics.  Harvest Medicine provides best-in-class education and support to over 15,000 patients in its clinics and via its free telemedicine platform. VIVO has a healthy balance sheet with approximately $100 million in cash and is well-positioned to accelerate the growth of its business, in Canada and internationally.

ON BEHALF OF THE BOARD OF DIRECTORS

Barry Fishman (CEO and Director)

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 Statements

This news release contains forward-looking statements, including statements regarding the use of proceeds by Westleaf, Westleaf’s proposed strategy to become a premium adult-use cannabis retailer in Canada and its innovative retail concept, and the supply of cannabis by VIVO to Westleaf pursuant to the supply agreement and VIVO’s future opportunities outlook. The forward-looking statements contained in this news release are based on certain assumptions and involve known and unknown risks and uncertainties and other factors that could cause actual events to differ materially from current assumptions and expectations, including that: Westleaf may not be able to effectively operate a chain of cannabis retail stores in Canada; that it may not become a successful premium adult-use cannabis retailer; that regulations may restrict or prohibit the supply of cannabis by VIVO to Westleaf; that cannabis marketing regulations may impede the execution of Westleaf’s retail strategy; and other factors beyond the Company’s control. The forward-looking statements contained in this news release should not be read as guarantees of future performance or results. 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 the Company will obtain from them. Readers are urged to consider these factors, and the more extensive risk factors included in the Company’s annual information form dated April 30, 2018 and other continuous disclosure filings, which are available on SEDAR at www.sedar.com. Readers are cautioned not to place undue reliance on these 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 the Company 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.

More Information

Chelsea Smyth, for Westleaf Cannabis Inc: chelsea.smyth@northstrategic.com
Website: westleafcannabis.com

Barry Fishman, CEO: barry.fishman@vivocannabis.com
Michael Bumby, CFO: michael.bumby@vivocannabis.com
Website: vivocannabis.com

$TGODF Closes Acquisition of Hempoland

TORONTO, Oct. 2, 2018 – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce the closing of the previously announced acquisition of HemPoland. The transaction has received approval from the Toronto Stock Exchange and cements the Company’s commitment to building shareholder value through international expansion.

“HemPoland has proven an ability to execute through quality product development and strong brand awareness. We are incredibly pleased with this transaction, a key milestone in our long-term acquisitions strategy.  The acquisition is accretive to our shareholders, delivers immediate revenue, and opens a new vertical for TGOD.  We’re incredibly excited to have such an innovative and strong entrepreneurial team join our TGOD family,” said Brian Athaide, TGOD’s CEO.

Europe is home to three-quarters of a billion potential consumers, and HemPoland is a leading manufacturer and marketer of premium CBD oils within this market. This acquisition provides TGOD with immediate revenue, access to HemPoland’s significant distribution network, state-of-the-art hemp oil extraction technology and the premium top selling Cannabigold brand.

In connection with the transaction, TGOD has paid US$7.75 million in cash and has issued 1,968,323 restricted shares that will be escrowed for a term of three years from closing. Additionally, there is a contingent consideration of up to 3,047,722 deferred shares based on HemPoland achieving US$32 million in EBITDA for the financial year 2021. TGOD will invest a further US$10.3 million in HemPoland to fund innovative product development and rapid European expansion.

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

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 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (ACB.TO) whereby Aurora has invested approximately C$78.1 million for a 20% off-take agreement on Canadian production. The Company has raised approximately C$350 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.

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 in any jurisdiction 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 to Joint Venture with Bank Sputnik

Payment processing center to enable financial institutions and value-added providers to meet consumer demand for secure frictionless payment acceptance services 

MIAMI, FL, Oct. 02, 2018  — via NEWMEDIAWIRE — Net Element, Inc. (NASDAQ: NETE) (“Net Element” or the “Company”), a global technology and value-added solutions group that supports electronic payments acceptance in a multi-channel environment including point-of-sale (“POS”), e-commerce and mobile devices, announced that it has entered into a memorandum of understanding with Bank Sputnik to launch a technology platform expected to provide a suite of frictionless payment acceptance services for financial institutions and value-added providers. Bank Sputnik provides a full range of banking services to businesses.  The payment processing center would integrate Bank Sputnik’s expertise in enabling secure globally interoperable financial transactions with Net Element’s expertise in developing frictionless value-added payment acceptance services.

Russia is one of the top 10 global economies in terms of volume of cashless payments (World Payment Report 2016). This new payment processing center is expected to accelerate the delivery of payment acceptance services in this market, combining banking services and bill payments in a multi-channel environment.

Per the memorandum of understanding, it is contemplated that Net Element will execute the deployment, launch and servicing of the payment processing center in exchange for 25% of issued and outstanding shares of Bank Sputnik. The bank will provide the capacity for the data center for deployment and subsequent use of software required for the implementation of the program, as well as financial instruments for settlement of transactions and funding required for the development and implementation. This joint venture with Bank Sputnik is subject to approval of the shareholders of Bank Sputnik and the bank’s regulators, and the parties’  negotiating and entering into a binding definitive agreement.

“This exciting partnership with Bank Sputnik will enable the companies to join forces to create a multi-channel payment processing center focused on value-added services,” commented Vlad Sadovskiy, president of integrated payments for Net Element.

“Together, Bank Sputnik and Net Element will be able to provide financial institutions and value-added providers in Russia with frictionless payment acceptance services in one single resource,” commented Evgeni Rostovtsev chairman of Bank Sputnik.

About Bank Sputnik
Commercial Bank “Sputnik” was founded in 1990 and is known in the Russian financial market as a universal bank that provides a full range of banking services to both private and corporate clients. These services include payment cards, deposit accounts, wealth management and interbank cooperation. Further information is available at http://www.banksputnik.ru.

About Net Element
Net Element, Inc. (NASDAQ: NETE) operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. In the U.S., the Company aims to grow transactional revenue by innovating SME productivity services using blockchain technology solutions and Aptito, our cloud-based, restaurant and retail point-of-sale solution. Internationally, Net Element’s strategy is to leverage its omni-channel platform to deliver flexible offerings to emerging markets with diverse banking, regulatory and demographic conditions. Net Element was ranked as one of the fastest growing companies in North America on Deloitte’s 2017 Technology Fast 500™.  In 2017 we were recognized by South Florida Business Journal as one of 2016’s fastest-growing technology companies. Further information is available at www.NetElement.com.

Forward-Looking Statements
Securities Exchange Act of 1934, as amended. Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions are intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Net Element and are difficult to predict. Examples of such risks and uncertainties include but are not limited to whether the newly created payment processing center will result in accelerating the delivery of payment acceptance services in the Russian market and if, as and when the closing of the contemplated transaction materializes, whether the joint venture will be successful or yield positive results for the Company.  Additional examples of such risks and uncertainties include, but are not limited to (i) Net Element’s ability (or inability) to obtain additional financing in sufficient amounts or on acceptable terms when needed; (ii) Net Element’s ability to maintain existing, and secure additional, contracts with users of its payment processing services; (iii) Net Element’s ability to successfully expand in existing markets and enter new markets; (iv) Net Element’s ability to successfully manage and integrate any acquisitions of businesses, solutions or technologies; (v) unanticipated operating costs, transaction costs and actual or contingent liabilities; (vi) the ability to attract and retain qualified employees and key personnel; (vii) adverse effects of increased competition on Net Element’s business; (viii) changes in government licensing and regulation that may adversely affect Net Element’s business; (ix) the risk that changes in consumer behavior could adversely affect Net Element’s business; (x) Net Element’s ability to protect its intellectual property; (xi) local, industry and general business and economic conditions; and (xii) adverse effects of potentially deteriorating U.S.-Russia relations, including, without limitation, over a conflict related to Ukraine, including a risk of further U.S. government sanctions or other legal restrictions on U.S. businesses doing business in Russia. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K filed by Net Element with the Securities and Exchange Commission. Net Element anticipates that subsequent events and developments may cause its plans, intentions and expectations to change. Net Element assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

Contact:
Net Element, Inc.
+1 (786) 923-0502
www.netelement.com
Media@NetElement.com

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

$YGYI CLR Roasters Announces Early Coffee Harvest

8 Million Pounds of Coffee Have Already Arrived for Processing

SAN DIEGO, Oct. 2, 2018 — Youngevity International, Inc. (YGYI), a leading omni-direct lifestyle company, announced today that its wholly-owned subsidiary, CLR Roasters, will begin shipping coffee earlier than expected against its newly entered 5-year sale and processing contract estimated at 250 million dollars. Year one of the contract for the sale and processing of over 41 million pounds of green coffee was scheduled to begin producing revenue in January of 2019. However, due to earlier than normal harvest conditions in Nicaragua, the company announced that first shipments are now forecasted for December of this year.

Marisol Silas, President of Silas Family Plantation Group, a wholly-owned subsidiary of YGYI stated, “I have not seen a harvest this early out of Nicaragua during my 30 plus years growing green coffee. We estimate this harvest is 45 days sooner than normal and we have scaled up our operations and staffing to meet the early arrival of green coffee coming out of the plantations that are servicing our business.”

Ernesto Aguila, President of CLR Roasters, stated, “We have 8 million pounds of coffee now in our physical possession at our mills in Nicaragua and we anticipate that our inventory levels will reach 16 million pounds of green coffee in early November.  Our contract provides for early shipments, so we anticipate revenues under this contract by the end of this year.  We are excited to reach the point of realizing revenue for the coffee division on this significant contract.”

The contract is predominantly for Strictly High Grown washed Nicaraguan conventional coffee. However, the contract provides that a significant portion may come from various certified coffees, including Organic, Direct Trade, Rain Forest Alliance, UTZ, Bird Friendly. The Siles Family Plantation recently obtained Starbucks Café Practices certification. Pursuant to the contract, coffees will be shipped to the various USA, Canadian, and European ports and the contract will be governed by the Green Coffee Association of NY rules and practices

About CLR Roasters

Youngevity’s coffee manufacturing division, CLR Roasters, was established in 2001 and is a wholly-owned subsidiary. CLR Roasters is a full-sized coffee roaster that produces gourmet coffees under its own boutique brands — Café La Rica®, Josie’s Java House®, and Javalution®; manufactures a variety of private labels for major national chains; and for the direct selling channel under Youngevity International. The company remains one of the largest suppliers in North America to the cruise line industry. CLR was the first entrant into the fortified coffee niche with its Youngevity JavaFit® brand. In May 2014, CLR acquired a coffee plantation and processing facility in Nicaragua, allowing the entity to control coffee production and quality — from field to cup.

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company — offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, Youngevity offers products from the eight top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The Company was formed during the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. For general information on products and services, please visit us at youngevity.com. Keep up with our activities by liking us on Facebook and following us on Twitter.

Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates,” and similar expressions, and includes statements regarding theestimate that the sale and processing contract will generate revenues of 250 million dollars, first shipments being now forecasted for December 2018, inventory levels reaching 16 million pounds of green coffee in early November and realizing revenues under this contract by the end of this year.  , These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to  generate revenues of $250 million dollars per year under the 5 year contract, our ability to commence first shipments in December 2018, our ability to achieve inventory levels reaching 16 million pounds of green coffee in early November, our ability to realize revenues under the contract by the end of this year, our ability to continue our financial performance and the other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2017 and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

Contacts:

Investor Relations
YGYI Investor Relations
800.504.8650
investors@ygyi.com

Media Relations
Trendlogic PR
800.992.6299
contact@trendlogicpr.com

$NUGL Marketing Reports Eclipse Expectations, Surpass Industry Standards

LOS ANGELES, Oct. 02, 2018 — via NetworkWire — NUGL Inc. (OTC: NUGL) (the “Company”), the cannabis industry’s new standard of technology, today reports its marketing growth for user sign-ups and mobile app downloads has beaten expectations and outperformed industry standards for similarly situated technology start-ups.

“We’re excited to report our September numbers far exceeded our expectations and well surpassed industry standards for growth,” said Ryan Bartlette, CMO of NUGL Inc. “This month we focused on creating the blueprint for our marketing model. We wanted to prove concept and increase growth quickly and organically. We not only saw great returns on our initial spend but also saw the beginning of a viral push. Our next step is to scale our marketing model and watch NUGL grow its userbase and app downloads even more.”

NUGL launched its social media marketing campaign in early September. According to InfluencerDB.com, an average follower growth rate on Instagram is between 5 and 7.5 percent each month. Since the start of its growth model this month, NUGL has seen a follower increase of approximately 400 percent and a mobile app download increase of approximately 280 percent.

“We have added to our sales and marketing teams and I’m happy with how it all came together. Having the right people for the job means everything, and we’ve built the infrastructure and proven out the marketing process,” said Bob Waters, who recently joined the NUGL team as VP of Sales. “By focusing our upcoming feature launches based on the demands of our community, we are confident our software will continue to satisfy the needs of our growing client and user base and keep them excited about the content that we offer.”

NUGL has launched a new category system allowing 30 percent more business types to join the NUGL community. During October, NUGL will also be announcing its “Beta Partnerships” with key players in the cannabis industry, along with the launch of a highly anticipated new menu sharing feature that has been in development for several months. “It has been an exciting month at NUGL headquarters, and we anticipate this steady upward momentum to continue as we trek into the fall season,” said Brandon Vargas, CEO of NUGL.

About NUGL

NUGL is the world’s first cannabis search app built for the people, by the people. Our goal is to build the most user-friendly app experience in the cannabis industry by listening to our users and giving them what they want. NUGL is the only cannabis search app that offers equal and unbiased search results. We don’t sell top-spot listings or fake reviews, so our data stays true. Use NUGL to search for genuine user-rated dispensaries, strains, doctors, lawyers, cannabis service providers, vape shops, hydro stores, brands and more. NUGL’s flexible web app has no geographic limitations and can rapidly connect cannabis companies, related vertical services and users. The NUGL iOS and Android app brings a powerful cannabis search tool within reach of anyone, anytime, anywhere with the ease of a smartphone.

For more information and updates, visit one of the links below.

Website: http://www.nugl.com/
Facebook: https://www.facebook.com/justnuglit/
Instagram: https://www.instagram.com/justnuglit/
Twitter: https://twitter.com/justnuglit/
LinkedIn: https://www.linkedin.com/company/justnuglit/
Newsletter: https://nugl.us16.list-manage.com/subscribe?u=219fe8bb6995a19827c9f36cb&id=dc46712578

Forward-Looking Statements

Certain statements in this press release may be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may include projections of matters that affect revenue, operating expenses or net earnings; projections of growth; and assumptions relating to the foregoing. Such forward-looking statements are generally qualified by terms such as: “plans”, “anticipates,” “expects,” “believes” or similar words of like kind. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or qualified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking information. These factors are discussed in greater detail in the company’s business plan and filings with the OTC Markets Group.

Contact Information:

Website: www.nugl.com
Email: info@nugl.com
Phone: (714) 383-9982

Corporate Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

$TGODF Announces C$75 Million Bought Deal

TORONTO, Oct. 1, 2018  – The Green Organic Dutchman Holdings Ltd. (the “Company” or “TGOD”) (TSX:TGOD) (US:TGODF) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp. (the “Underwriters”) pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to the filing of a short form prospectus, an aggregate of 10,950,000 units (the “Units”) at a price of $6.85 per Unit (the “Offering Price”) for aggregate gross proceeds to the Company of $75,007,500 (the “Offering”).

Each Unit will consist of one common share of the Company (a “Common Share”) and one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”). Each Warrant will be exercisable to acquire one Common Share (a “Warrant Share”) for a period of 30 months following the closing of the Offering (the “Closing”) at an exercise price of $9.00 per Warrant Share.

The Company has granted the Underwriter an option (the “Over-Allotment Option”), to purchase up to an additional 1,642,500 Units at a price of C$6.85 per Unit, exercisable at any time, for a period of 30 days after and including the Closing Date. The Over-Allotment Option is exercisable to acquire Units, Common Shares and/or Warrants (or any combination thereof) at the discretion of the Underwriter.

The net proceeds of the Offering will be used for the Company’s international expansion initiatives and general corporate purposes.

The Units will be offered by way of a short form prospectus to be filed in all provinces of Canada except Quebec. The Offering is expected to close on October 17, 2018 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and stock exchange approvals, including the approval of the Toronto Stock Exchange and the applicable securities regulatory authorities.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from the registration requirements. This news release will not constitute an offer to sell or the solicitation of an offer to buy nor will there be any sale of the securities in any state in which such offer, solicitation or sale would be unlawful.

On Behalf of the Board of Directors,

The Green Organic Dutchman Holdings Ltd.
Brian Athaide
Chief Executive Officer

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 170,000 kg and is building 1,382,000 sq. ft. of cultivation facilities in Ontario, Quebec and Jamaica.

The Company has developed a strategic partnership with Aurora Cannabis Inc. (ACB.TO) whereby Aurora has invested approximately C$78.1 million for a 20% off-take agreement on Canadian production. The Company has raised approximately C$350 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.

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 in any particular territory 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.

$PBIO Discusses New Instrument Release, Entry into the Worldwide Food Science Area

PHOENIX, Oct. 01, 2018  — Pressure BioSciences Inc. (OTCQB: PBIO) (the “Company”) is a leader in the development and sale of broadly enabling, pressure-based instruments, consumables, and platform technology solutions to the worldwide life sciences industry.  The Company’s President and CEO, Richard T. Schumacher, joined Stock Day’s Everett Jolly to discuss an exciting new instrument release, the recent featuring of their product line at the largest annual food science meeting in the world, and the continued development of their innovative and enabling Ultra Shear Technology (“UST”) platform.

As the interview began, Mr. Jolly asked Mr. Schumacher about the Company’s existing products and its new instrument release.  Mr. Schumacher explained that PBIO has sold approximately 300 instruments worldwide based on the Company’s patented Pressure Cycling Technology (“PCT”) platform. This instrument uses cycles of low to high pressure (up to 45,000 psi) to carefully break cells (animal, plant, human), bacteria, and other organisms to release nucleic acids (DNA/RNA), proteins, and lipids for scientific study.  Results of such studies are critical to the development of new drugs, vaccines, diagnostics, preventive strategies, and cures.

Mr. Schumacher commented: “Over the years, customers have suggested that we provide a second instrument, one that can subject samples (cells, bacteria, etc.) to higher pressures than 45,000 psi. This is because there are many important samples (such as tough plant cells, as well as food-borne pathogens such as E. coli and Salmonella) that will only break at pressures above 45,000 psi. So, we developed and have now released the HUB880 Explorer.”

Mr. Schumacher continued: “We are very excited about the release of this new instrument, because we believe it will allow researchers to better study ‘difficult-to-break’ cells, such as the dangerous bacteria that cause the food-borne disease outbreaks that are far too common nowadays. Hopefully, such studies will lead to methods to make food safer and to reduce food-borne disease.”

Mr. Jolly pointed out that PBIO had sold the first two HUB880 Explorer instruments to one of the most important food safety labs in Japan, and to the Public Health Microbiology Laboratory at Tennessee State University, a leading food science lab.

Mr. Jolly then noted that the high pressure products of Pressure BioSciences were recently featured at the International Food Technologists meeting, the largest annual food sciences meeting in the world. He asked Mr. Schumacher to explain the importance of this meeting to the Company and its’ shareholders.

 “There was an entire half-day scientific/business session on new, innovative technologies that are currently or someday might be used to help make food safer,” said Mr. Schumacher. “Speakers included Br. Bala from Ohio State University and Dr. Fouladkhah from Tennessee State.  Both spoke highly on the use of high pressure to kill bacteria in food and beverages, to make them safer.”

Mr. Jolly finished the interview by asking Mr. Schumacher to comment on his Company’s progress in the development of their new, patented, Ultra Shear Technology Platform.  Mr. Schumacher said that PBIO had made measurable progress on UST’s development, and that they expected progress to continue at a very strong pace in the weeks and months ahead.

Asked by Mr. Jolly to explain the significance of UST, Mr. Schumacher said: “UST combines ultra high pressure with intense shear (‘cutting’) forces. The ultimate result of UST is that we believe it can make very stable nanoemulsions.  Consequently, UST has the potential to play a significant role in the manufacture of healthy, nutritious long shelf-life food and beverages that will not need to have chemical additives. In addition to food, we believe UST could also play a significant role in making highly stable nanoemulsions in pharmaceuticals, nutraceuticals, cosmetics, and many other product areas.”

Mr. Jolly then stated that he was greatly impressed with the continued success of PBIO.

To hear all of Mr. Schumacher’s interview with Stock Day, please go here:
https://upticknewswire.com/featured-interview-ceo-ric-schumacher-of-pressure-biosciences-inc-otcqb-pbio-8/

About Pressure BioSciences Inc.

Pressure BioSciences, Inc. (OTCQB: PBIO) is a leader in the development and sale of innovative, broadly enabling, pressure-based solutions for the worldwide life sciences industry. Our products are based on the unique properties of both constant (i.e., static) and alternating (i.e., pressure cycling technology, or “PCT”) hydrostatic pressure. PCT is a patented enabling technology platform that uses alternating cycles of hydrostatic pressure between ambient and ultra-high levels to safely and reproducibly control bio-molecular interactions (e.g., cell lysis, biomolecule extraction). Our primary focus is in the development of PCT-based products for biomarker and target discovery, drug design and development, biotherapeutics characterization and quality control, food science, soil & plant biology, forensics, and counter-bioterror applications. Additionally, PBIO is actively expanding the use of our pressure-based technologies in the following areas: (1) the use of our recently acquired PreEMT technology from BaroFold, Inc. to allow entry into the biologics contract research services sector, and (2) the use of our recently-patented, scalable, high-efficiency, pressure-based Ultra Shear Technology (“UST”) platform to (i) create stable nanoemulsions of otherwise immiscible fluids (e.g., oils and water) and to (ii) prepare higher quality, homogenized, extended shelf-life or room temperature stable low-acid liquid foods that cannot be effectively preserved using existing non-thermal technologies.

For more information: https://www.pressurebiosciences.com/about-us

Forward Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Additional information concerning these and other risk factors are contained in the Company’s most recent filings with the Securities and Exchange Commission. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in their expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law.

About Uptick Newswire and the “Stock Day” Podcast

Founded in 2013, Uptick Newswire is the fastest growing media outlet for Nano-Cap and Micro-Cap companies. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Uptick provides companies with customized solutions to their news distribution in both national and international media outlets. Uptick is the sole producer of its “Stock Day” Podcast, which is the number one radio show of its kind in America. The Uptick Network “Stock Day” Podcast is an extension of Uptick Newswire, which recently launched its Video Interview Studio located in Phoenix, Arizona.

Investors Hangout is a proud sponsor of “Stock Day,” and Uptick Newswire encourages listeners to visit the company’s message board at https://investorshangout.com/

SOURCE:
Uptick Newswire
https://upticknewswire.com/

$DPW Names Kenneth S. Cragun Chief Accounting Officer

Newport Beach, CA, Oct. 01, 2018 — DPW Holdings, Inc. (NYSE American: DPW), a diversified holding company, announced it hired Kenneth S. Cragun to fill the new position of Chief Accounting Officer. Cragun will report to the Company’s CFO, William B. Horne.

DPW’s CEO and Chairman, Milton “Todd” Ault, III said, “With over 30 years’ experience serving a wide variety of public and private multi-national businesses, Ken is a great fit for DPW. e is a strategic thinker who is comfortable in fast-growth and dynamic environments, building great teams and providing solid financial and accounting infrastructure. His expertise includes SEC reporting, cash management and sophisticated technical accounting. We believe his financial acumen will enhance our ability to continue to build and monetize our diversified portfolio.”

Cragun stated, “With its current portfolio, DPW has significant opportunities to drive growth and create value. And, with a strong financial infrastructure, we can leverage our foundation and expand our reach with additional investments. I am excited to partner with the team to drive long-term shareholder value.”

About Kenneth S. Cragun

Cragun most recently was a CFO Partner at Hardesty, LLC, a national executive services firm since October 2016. His assignments included serving as CFO of CorVel Corporation, a publicly traded (NASDAQ: CRVL) nationwide leader in technology driven risk management programs and of RISA Tech, Inc. a private structural design and optimization software company. Cragun was also CFO of two NASDAQ-listed companies: Local Corporation, from April 2009 to September 2016, which operated Local.com, a U.S. top 100 website; and Modtech Holdings, Inc., from June 2006 to March 2009, a supplier of modular buildings. Prior, he had financial leadership roles with increasing responsibilities at MIVA, Inc., ImproveNet, Inc., NetCharge Inc., C-Cube Microsystems, Inc, and 3-Com Corporation. Cragun began his professional career at Deloitte. Currently, Cragun is on the board of directors of nFusz, Inc. (OTC: FUSZ).

Cragun, a CPA, earned his BS in Accounting from Colorado State University-Pueblo and his AAS in Business Management from Brigham Young University-Idaho. He is also a two-time finalist for the Orange County Business Journal “CFO of the Year – Public Companies”.

About DPW Holdings, Inc.

DPW Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly owned subsidiaries and strategic investments, the company provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, telecommunications, medical, crypto-mining, and textiles. In addition, the company owns a select portfolio of commercial hospitality properties and extends credit to select entrepreneurial businesses through a licensed lending subsidiary. DPW Holdings, Inc.’s headquarters is located at 201 Shipyard Way, Suite E, Newport Beach, CA 92663; www.DPWHoldings.com.

Forward-Looking Statements

The foregoing 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. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.com and on the Company’s website at www.DPWHoldings.com.

Contacts:

Kirsten Chapman, LHA Investor Relations, 415.433.3777, dpwholdings@lhai.com

$YGYI Cruises on Café

• Strikes deal to supply coffee to 60-ship cruise line
• Potential market of 60,000 crew members and staff
• Enters five-year contract to supply unroasted coffee worth $50 million

The cruise industry is big business, so it’s not surprising that the perceptive marketing practitioners at Youngevity International, Inc. (NASDAQ: YGYI) have spotted the commercial opportunities therein. The company recently announced that it had expanded its footprint in the cruise line industry by adding one more prestigious brand to its hospitality business (http://nnw.fm/B9vmt). Its coffee manufacturing division, CLR Roasters, has bagged a contract with another top cruise operator. The two-year deal means roasting and serving coffee to the entire crew and staff of the cruise line, which has a fleet of 60 ships serviced by over 60,000 people from some 100 countries. It also requires CLR to supply coffee to the passengers of three luxury cruise ships. As global popularity of the caffeinated beverage continues at record highs, Youngevity’s fortunes are poised to rise in line. Our love of coffee ensures that.

Coffee has captured not just the palates of Homo sapiens, but their imaginations as well. In Brazil, where they’ve got an awful lot of it, a profusion of precepts are propagated. One such advises that coffee – café – should be drunk “black as the devil, hot as hell, and as sweet as sin.” If that’s the way you like your coffee, it’s very likely you’ll find that palatable brew from CLR Roasters. CLR, established in 2001, is a wholly owned subsidiary of Youngevity International. The division produces gourmet coffees under its own boutique-registered brands, which include the Café La Rica, Josie’s Java House and Javalution lines.

The CLR unit also manufactures a variety of private labels for major national chains and product for Youngevity’s direct sales operation. It is one of the largest suppliers in North America to the cruise line industry. The subsidiary was also the first entrant into the fortified coffee niche with its Youngevity JavaFit registered brand. It doubled down on coffee by acquiring a plantation and processing facility in Nicaragua. This vertical integration will allow a greater degree of control to be exercised over the supply chain, resulting in improved quality and lower costs as the coffee moves from land to lips.

CLR Roasters recently entered into a five-year contract for the sale and processing of over 41 million pounds of green (unroasted) coffee on an annual basis (http://nnw.fm/T4hg2) Based on current coffee prices and coffee futures, this contract should generate revenues in excess of $50 million per year for each year of the five-year contract.

The coffee plantation in Matagalpa, Nicaragua, extending over 1,000 acres, was acquired by Youngevity International in 2014. The plantation had been essentially abandoned but still housed 180 dedicated workers and their families. Its rehabilitation began with a project – the Kindness Project – that asked for clothing to be donated to the workers. The enthusiastic response from distributors and customers resulted in enough clothing to supply not only the Youngevity plantation, but also many plantations nearby. This led to the establishment of the ‘Youngevity Be the Change Foundation’, after the neighboring plantations began calling the Youngevity estate ‘The Giving Plantation’ – an initiative that aligns with Youngevity’s desire to promote healthy and empowered lifestyles.

Youngevity is a leading omni-direct lifestyle company that markets an extensive range of products and services covering the eight top-selling retail categories. Brands offered include those in health and nutrition, home and family, food and beverage (including coffee), spa and beauty, fashion, essential oils, photo and innovative services. The company was formed from the 2011 merger of Youngevity Essential Life Sciences and Javalution Coffee Company (now part of the company’s food and beverage division). The company also plans to enter the cannabidiol (CBD) market with a proprietary line of hemp-derived CBD oil products very soon (http://nnw.fm/4ZtJQ).

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

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