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NA Proactive news snapshot: ICC International Cannabis Corp, NexTech AR Solutions, Globex Mining Enterprises, WeedMD UPDATED …

A glance at some of the day's highlights from the Proactive Investors US and Canada newswires

Newspaper press
Your daily round-up from the world of Proactive

ICC International Cannabis Corp (CSE:WRLD.U) (OTCMKTS:WLDCF) is poised to develop, alongside big names in the drugs world,  the first cannabinoid biosynthesis platform to mass produce cannabis compounds in a cheaper way than conventional growing and extraction processes.

NexTech AR Solutions Corp (OTC:NEXCF) (CSE:NTAR) saw its revenue double in its fiscal fourth quarter, posting revenue of more than $1 million in the three months ending May 31st, nearly double the $531,185 it brought in the quarter before. The company is launching AR Hollywood Studios in the last calendar quarter of 2019, which it hopes will propel the company to tenfold revenue growth in 2020.

Globex Mining Enterprises Inc (TSE:GMX) (OTCMKTS:GLBXF) has added a new gold property to its portfolio of assets. The company announced on Tuesday that it acquired a 100% interest in the Standard Gold property in Quebec in exchange for 160,000 Globex shares, which rose 5.3% in early trading to reach C$0.40 in Toronto.

Allot Ltd (NASDAQ:ALLT) (TASE:ALLT), the security and smart network intelligence solutions company, released a report Tuesday that provides communication service providers (CSPs) with a strategy to combat rising phishing attacks. Allot’s new "Telco Security Trends" report uses proprietary and third-party industry research to explore the growing threat of phishing attacks and the financial implications. The report also drills deep into how service providers can meet the security challenge.  

Bragg Gaming Group (CVE:BRAG) (OTCMKTS:BRGGF) announced Tuesday that its subsidiary ORYX Gaming has successfully integrated online casino company, Red Tiger's content into its platform. Toronto-based Bragg said in a statement that Red Tiger’s entire portfolio of casino slots and table games were integrated onto ORYX Hub as part of the agreement.

Great Panther Mining Limited (TSE:GPR) (NYSEAMERICAN:GPL) said it has made two new hires which will help the group unlock the huge potential of its Tucano gold mine project in Brazil. Vancouver-based Great Panther revealed that Fernando Cornejo has become vice-president of projects and technical services, while Marcelo Batelochi has become director of exploration in Brazil.

BevCanna Enterprises Inc (CSE:BEV) announced Tuesday that it will sponsor the Cannabis Drinks Expo. At the event, held on July 25 in San Francisco, the company will present the results of an independent consumer study that found more than 70% of Canadian adults would purchase CBD-infused beverages.

The Flowr Corporation (TSX-V:FLWR) (OTC:FLWPF) has announced the appointment of David Aronowitz, a former senior executive at The Scotts Miracle-Gro Company, as its Chief of Staff.  In this new role, Flowr said Tuesday, Aronowitz will be based at the company’s Kelowna Campus and work closely with Tom Flow, the group’s founder and Managing Partner, across a range of strategic and tactical areas critical to the successful ramp-up of the business.

Antibe Therapeutics Inc (CVE:ATE) (OTCMKTS:ATBPF) announced Tuesday it is proposing to sell units in the company to raise money as it further develops its lead drug, ATB-436. The group has proposed an offering price of C$0.30 per unit, and each unit will be comprised of one common share and one-half of one common share purchase warrant.

Information Services Corporation (ISC) (TSE:ISV), the provider of registry and information management services, told investors Tuesday that it will release its second quarter results for the three months to June 30, 2019, on August 6 this year, after market close.

NexTech AR Solutions Corp (CSE:NTAR) has been notified that, on 19 July 2019, its CEO Evan Gappelberg acquired $657,000 worth of convertible debentures and 1,095,000 warrants in the company. As a result of the transaction, Gappelberg now owns and/or has control or direction over 6,625,000 common shares representing approximately 12.2% of the total issued and outstanding common shares of the company on an undiluted basis. This represents an approximate 0.1% change in Gappelberg’s ownership of common shares on an undiluted basis.

Security Devices International Inc (OTCMKTS:SDEV) (CSE:SDZ), a Wakefield, Massachusetts-based non-lethal defense technology company, said it closed $2.28 million in financing through a securities purchase agreement with several accredited investors and Northeast Industrial Partners LLC, as collateral agent.

Cabral Gold Inc (CVE:CBR) (OTCMKTS:CBGZF) has increased its previously announced share offering to raise C$3.42 million from C$3 million, it said Tuesday, due to increased demand. The Vancouver-based firm can now offer 22.8 million units at C$0.15  a throw, with each unit comprising a share and a share purchase warrant. Each warrant allows the bearer to buy one share for C$0.20 for 12 months following closing. The offering is expected to close shortly.

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