$TCAN TCM Distribution, Inc. Receives Adelanto Adult Use Permits

VANCOUVER, British Columbia, June 03, 2019 — via Network Wire – Transcanna Holdings Inc. (CSE:TCAN: XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce the Company’s wholly owned subsidiary, TCM Distribution, Inc., has received an Adult Use Cannabis Manufacturing permit and an Adult Use cannabis distribution permit from the City of Adelanto, California.

As previously reported on April 18, 2019, TCM Distribution sub-leased 10,000 square feet of warehouse space in Adelanto. Thereafter, TCM Distribution applied for the above two referenced permits with the City of Adelanto which were received on May 28, 2019. TCM Distribution has applied for its state of California Adult Use permanent manufacturing license and distribution licenses, which are pending.

“The purpose of the Adelanto facility is two-fold; first, it’ll be used as one of our southern California satellite facilities for goods being transported from our 196,000 square foot vertically integrated, cannabis focused facility in Modesto. Second, with the non-volatility manufacturing license we’ll be able to accommodate the production and packaging of pre-rolled cannabis products and other products of similar nature, then distribute them accordingly,” stated Jim Pakulis, CEO of TransCanna.

“GoodFellas, one of the entities the Company is preparing to acquire, will be transferring all revenue generating distribution and manufacturing processes to Adelanto once the facility receives its Certificate of Occupancy from the city, and state distribution and manufacturing permits. We anticipate this being completed by the end of June.”

In addition, the TCM Distribution recently purchased and upgraded its state mandated transportation vehicle.  The vehicle was purchased in March and received the state required alterations in order to assure state compliance.

In other news, the Company is pleased that the Adelanto city counsel in May approved reducing the tax on transportation, distribution, manufacturing and cannabis testing lab services from 5% down to 1%. The counsel also voted to reduce the cultivation tax from $5 per month per square foot to 42 cents per month per square foot. The dispensaries tax was also reduced from 5% down to 3%.

For further information, please visit the Company’s website at www.transcanna.com.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly owned California subsidiaries, to a range of industries including the cannabis marketplace.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at info@transcanna.com.

Media Contact
TransCanna@talkshopmedia.com
604-738-2220

On behalf of the Board of Directors

James Pakulis
Chief Executive Officer

Telephone: (604) 609-6199

The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Forward-looking statements in this news release include, but are not limited to; the anticipation of receipt of permanent state licenses , the proposed use of the Adelanto facility, and the timing and receipt of occupancy permits.   Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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

Corporate Communications:

NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

$OGI What Uplisting to the NASDAQ Means

At the end of April, OrganiGram Holdings (TSXV:OGI) (NASDAQ:OGI) filed all the necessary paperwork with the NASDAQ in hopes of uplisting to the major exchange. Three weeks later, on May 21, OrganiGram stock began trading here under the ticker OGI.

Historically, uplisting from the OTC to a major US exchange leads to a notable jump in the company’s share price. Of course, any short-term gains are nice, but they are incomparable to the long-term potential that uplisting offers OrganiGram stock.

OrganiGram Stock Declines

However, OrganiGram stock has somewhat broken the more traditional mold; shares have been declining since uplisting to the exchange.

OGI stock hit a peak of $8.35 the day before uplisting, but at $7.24 at present, shares have fallen almost 14% since.

Investors shouldn’t worry, though. This current downturn still doesn’t shake the longterm potential that OrganiGram is now afforded by listing on the NASDAQ.

The Benefits of Major Exchanges

Major exchanges offer cannabis shares a legitimacy that is needed in this newly legalized industry. Further, it brings major improvements to the stock’s visibility, liquidity, and validity.

The biggest benefit of all is arguably the Wall Street coverage that comes with listing on a major exchange. This can lead to investment from major institutional investors that more-often-than-not won’t buy OTC-listed companies.

All in all, the list of added benefits goes a long way to lifting a marijuana stock’s valuation. Will this be the same for OrganiGram stock?

OrganiGram Holdings is Efficient

As one of the most efficient cannabis growers in Canada, OrganiGram is a smart play for several reasons. It is on track to produce 113,000 kilos across its 490,000 square foot Moncton facility. Its yield per square foot is twice that of the industry average: 231 grams per square foot. It does this by growing upwards—utilizing all space possible by employing three tiers of growing space.

Growing in this efficient manner maximizes cultivation space but minimizes growing costs and boosts margins.

Along with lower costs of growing, the company also has supply agreements in place with all of Canada’s provinces.

Will uplisting boost OrganiGram stock in time? What do you think? Are you an investor of these shares?

$NETE Launches Blade, Fully-automated, Artificial Intelligence-Powered Underwriting Solution

Net Element’s Blade unlocks the power of artificial intelligence

MIAMI, FL, June 03, 2019 — 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 multichannel environment including point-of-sale (POS), e-commerce and mobile devices, today announces that it has launched Blade, its proprietary, fully-automated, artificial intelligence (“AI”)-powered underwriting solution with predictive scoring.

Blade is a software built for underwriting and on-boarding of new merchants, reducing potential risks and decision-making time while improving the customer experience. The system works by compiling and analyzing data points that are automatically evaluated in accordance with the pre-set and dynamic parameters using proprietary algorithms.  Blade is a smart system, which continually adapts and improves the artificial intelligence as tens of thousands of datasets evolve to further enhance real time decisioning.

Financial services companies will spend $11 billion on AI in 2020 according to an analysis by International Data Corporation (IDC), more than any other industry cited.  According to PwC estimates, financial services companies stand to make a nice return on their investment as well. In North America alone, AI is projected to increase the GDP of the financial and professional services industry as much as 10 percent by 2030, driven by increases in both productivity and consumption.

Intelligent data analysis and advanced machine learning algorithms provide actionable insights based on tens of thousands of datasets in order to reduce potential losses attributable to chargebacks or fraud, at a speed and scale unlike any other product in the market.  Blade’s AI-based scoring engine provides a faster, more accurate assessment of risk during the on-boarding process, at less cost, and accounts for a wider variety of factors which leads to better, data-backed decision making. The continuous updates from the system enrich the AI-powered decision-making process. This information can then be used in predicting outcomes to improve customer support, risk management, client retention and collections.

An average account review takes 15 minutes in a semi-automated environment.  This standard review includes KYC, AML, OFAC and many other requirements designed for full regulatory compliance and to mitigate losses.  Blade completes this review in less than a minute. If the account fails, it provides a detailed description of the problem and suggested solutions.  It filters, categorizes and classifies approvals for post underwriting merchant reviews resulting in risk mitigation and a better customer experience for the merchant.

“AI and machine learning are quickly becoming valuable tools for decision making in the payments ecosystem, particularly in securing e-commerce transactions,” commented Shawn Brown, Vice President of Risk for Net Element. “As we continue to grow, we will rely more on AI-powered technologies to assist us with day to day departmental functions and decision making.”

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. it 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 omnichannel 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, Net Element was 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 whether ongoing reliance on artificial intelligence platforms to assist with day to day Company functions will materialize or whether the Blade software will yield any benefits to 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; (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 Elementwith 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.

Media@NetElement.com

+1 (786) 923-0502

Corporate Communications Contact:

NetworkNewsWire (NNW)

New York, New York

www.NetworkNewsWire.com

212.418.1217 Office

Editor@NetworkNewsWire.com

$INMB to Offer Updates on Novel Immunotherapies During LD Micro Invitational

• A presentation by INMB co-founder and CFO David Moss is slated for June 5 at 10:20 a.m., with one-on-one meetings also available
• The company’s active drug candidates are INKmune and INB03, which may be used to treat cancer, and XPro1595, which targets neuroinflammation as a cause of Alzheimer’s disease
• INMB received a $1 million grant from the Alzheimer’s Association to fund XPro1595 research and upcoming clinical trials in patients with Alzheimer’s disease

INmune Bio Inc. (NASDAQ: INMB), an immunology company focused on developing treatments that harness patients’ innate immune systems to fight diseases, will share results of recent clinical advancements at the upcoming Ninth Annual LD Micro Invitational scheduled to take place at the Luxe Sunset Boulevard Hotel, June 4-5 in Bel-Air, California. Co-founder and CFO David Moss will lead INmune Bio’s presentation, which is set for June 5 at 10:20 a.m. PT, and participate in one-on-one meetings at the event, according to a news release (http://nnw.fm/x5YCi).

INmune Bio is pursuing several novel drug candidates that utilize a precision therapy approach to treat unsolved problems in medicine. Among the company’s active drug candidates are INKmune and INB03, which may be used to treat cancer, and XPro1595, which targets…

Read more »

NOTE TO INVESTORS: The latest news and updates relating to INMB are available in the company’s newsroom at http://nnw.fm/INMB

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.

To receive instant SMS alerts, text STOCKS to 77948

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com