Day: August 30, 2022

Las Vegas, Nevada, Aug. 30, 2022 (GLOBE NEWSWIRE) — MJ Holdings Inc. (OTCQB: MJNE), a highly diversified, publicly traded, cannabis holding company, is excited to announce that the first seeds have been planted at the Amargosa Valley farm. Located in Amargosa Valley Nevada, our farm of 260 acres in which 100 acres is approved under the current special use permit for Cannabis, is an environmentally friendly, self-sustainable cannabis farm, with a focus on renewable energy. In this first phase of growing, we will include 4,000 plus seeds in our current approved growing structures. Among the first strains being grown is the Amsterdam classic, sativa-dominate, Amnesia Haze. “The team and I are excited to be able to get the first seeds into the ground. We have put in hundreds of hours of hard work preparing our greenhouses for cultivation”,...

Somerville, NJ, Aug. 30, 2022 (GLOBE NEWSWIRE) — Global Fiber Technologies (OTC PINK: GFTX) through its subsidiary Authentic Heroes has secured its first purchase order for its “Old is Gold” Christmas album.  Chris Giordano President and Chairman of Global Fiber Technologies, Inc. stated; “Our initial march into the world of music entertainment has been met with extraordinary enthusiasm.  Brick and mortar stores have shown extreme interest in our portfolio of music. This first purchase order is for a total of $800,000 or 40,000 units from a company known as “Best of As Seen On TV” of Westchester PA., We are working with Mass Merchandisers, Big Box Retail and Specialty Retail stores for what potentially could be a total of 550,000 Old is Gold Christmas Units sold at a wholesale price of $20.00 per unit...

Richmond Hill, Ontario, Canada, Aug. 30, 2022 (GLOBE NEWSWIRE) — Worksport Ltd. (Nasdaq: WKSP) (the “Company” or “Worksport”) has appointed as manager veteran manufacturing executive Michael Scolnick. Scolnick has had over 25 years of progressive experience building and leading high-performance teams, developing and implementing world-class manufacturing concepts, and driving business performance. Scolnick will manage the Company’s new 220,000 sq. ft. assembly plant, located in West Seneca, NY. “The Company will ramp up production of our new advanced products, including all-new hardcover designs and SOLIS, our advanced truck bed tonneau cover with integrated solar panels. We hired Michael, directing him to begin production as soon as possible. This is a turning point in Worksport’s history and one of the most significant hires...

Bright Green to acquire 25% of Alterola common stock, followed by proposed acquisition of all remaining Alterola common stock, subject to customary conditions and regulatory and stockholder approvals Partnership with Alterola will support Bright Green’s ability to manufacture and distribute federally compliant, pharmaceutical-grade cannabis and derivatives GRANTS, N.M., Aug. 30, 2022 (GLOBE NEWSWIRE) — Bright Green Corporation (NASDAQ: BGXX) (“Bright Green” or “the Company”), one of the very few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced that it has signed a letter of intent (“LOI”) with Alterola Biotech Inc. (OTC PINK:ABTI), a U.K.-based...

Company progressing with plans to focus on its RNA business Advancing discussions for divestiture or spin-off of legacy assets, including BentrioTM and AM-125 nasal sprays Bentrio revenues were $1.3 million in first half of 2022HAMILTON, Bermuda, Aug. 30, 2022 (GLOBE NEWSWIRE) — Altamira Therapeutics Ltd. (NASDAQ:CYTO), a company dedicated to developing therapeutics that address important unmet medical needs, today provided a business update on its strategic repositioning and key developments in its business. “We continue to be on track with our plan to refocus the Company around our exciting RNA delivery platform and to divest or spin off our legacy business to unlock the intrinsic value of our assets,” commented Thomas Meyer, the Company’s founder, CEO and Chairman. “Over the past few months, we made great progress in raising...

 Pro Kapital purchases historic building in Vilnius city centre AS Pro Kapital Grupp subsidiary company in Lithuania purchased via auction the Vilnius College building, located in the very centre of the capital city, on Naugarduko street. The acquisition deal, valued at €6.25 million, was completed on August 30th. The Lithuanian subsidiary of AS Pro Kapital Grupp purchased a four-story building belonging to the Vilnius College, built in 1957 and with a total area of 3,400 sq. m., together with the right to lease an area of 0.24 ha of state-owned land at Naugarduko str. 5, Vilnius. The initial sale price of the building was set at €3.2 million. 14 participants competed in the auction held on 5 July. “This promising investment in the centre of Vilnius will complement our portfolio of high-class residential buildings under development by...

 Pro Kapital purchases historic building in Vilnius city centre AS Pro Kapital Grupp subsidiary company in Lithuania purchased via auction the Vilnius College building, located in the very centre of the capital city, on Naugarduko street. The acquisition deal, valued at €6.25 million, was completed on August 30th. The Lithuanian subsidiary of AS Pro Kapital Grupp purchased a four-story building belonging to the Vilnius College, built in 1957 and with a total area of 3,400 sq. m., together with the right to lease an area of 0.24 ha of state-owned land at Naugarduko str. 5, Vilnius. The initial sale price of the building was set at €3.2 million. 14 participants competed in the auction held on 5 July. “This promising investment in the centre of Vilnius will complement our portfolio of high-class residential buildings under development by...