http://www.proactiveinvestors.com Proactiveinvestors RSS feed en Sat, 23 Jun 2018 11:46:21 -0400 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - OTCMarkets Update: Block One Capital, Newgioco Group and more ]]> http://www.proactiveinvestors.com/companies/news/195898/otcmarkets-update-block-one-capital-newgioco-group-and-more-195898.html The OTCMarkets were mixed on Thursday afternoon, with the OTCQX US and the OTCQB Venture slightly down.

Block One Capital Inc (OTCQB:BKPPF) announced the completion of a US$2mln non-brokered placement. The blockchain investment company plans to put the money towards its investment portfolio. Shares of the Vancouver-based company were up 5.4% in afternoon trading.

Renewable energy company Ocean Thermal Energy Corporation (OTCQB:CPWR) reported plans to acquire two engineering firms. Although the company’s release didn’t name names or talk numbers, the company sees the acquisitions as a way to further project development. The Pennsylvania-based company uses the temperature difference in water to produce electricity and desalinate ocean water. Shares were down 5.5% this afternoon.

READ: Relevium edges higher as it inks deal to sell hemp-based products in US

Cannabis company Relevium Technologies Inc (OTCQB:RLLVF) has created two new brands, Biocannabix for the Canadian market and LeefyLyfe for consumers outside of Canada. The Montreal-based company develops products for the health and wellness sector. Shares of the company were up nearly 7%.

Newgioco Group Inc (OTCQB:NWGI) has taken the next step in uplisting to Nasdaq by submitting its application to the exchange. The New York-based tech company provides lottery and gaming products and services throughout Europe via neighborhood betting shops and online. Shares of the company jumped nearly 8%.

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Thu, 26 Apr 2018 12:32:00 -0400 http://www.proactiveinvestors.com/companies/news/195898/otcmarkets-update-block-one-capital-newgioco-group-and-more-195898.html
<![CDATA[News - Relevium edges higher as it inks deal to sell hemp-based products in US ]]> http://www.proactiveinvestors.com/companies/news/193106/relevium-edges-higher-as-it-inks-deal-to-sell-hemp-based-products-in-us-193106.html Shares in Relevium Technologies Inc (OTCMKTS:RLLVF) headed higher on Tuesday afternoon after the health-focused e-commerce group signed a deal to sell cannabinoid-infused products in the US.

The Canada-based group has signed an exclusive agreement with Hempco Food and Fiber Inc (CVE:HEMP) to launch five of the latter’s PlanetHemp products in the US.

Among the initial line of products will be PlanetHemp Protein Superfoods and Hemp Seeds, which are expected to go on sale from the beginning of next week (March 19) on Amazon.com Inc (NASDAQ:AMZN).

“Increasing market awareness of the beneficial properties of hemp are creating strong momentum in the food and food additives space,” said Relevium chief executive Aurelio Useche.

“Through our exclusive partnership with Hempco, giving us access to its PlanetHemp brand, we are exceptionally well positioned to gain market share in this rapidly growing segment of the market.

“The launch of these products in the United States via Amazon, and in the future on other main sites, such as Jet.com, is an important milestone for both companies.”

Hemp-based and cannabinoid-infused products have been gaining popularity in recent months as a growing bank of research suggests they have various health and wellness benefits.

In fact, an article published by Forbes suggested that hemp-derived cannabidiol would be a billion-dollar market within three years.  

Relevium shares edges 1.6% higher to 13.4 US cents on Tuesday afternoon.

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Tue, 13 Mar 2018 15:05:00 -0400 http://www.proactiveinvestors.com/companies/news/193106/relevium-edges-higher-as-it-inks-deal-to-sell-hemp-based-products-in-us-193106.html