CORAL GABLES, FL / ACCESSWIRE / June 26, 2015 / Continued overhang from the crisis in Greece continue to weigh down the larger markets. In the larger markets, the standstill to finalize decisions has negatively affected many companies trading on the NYSE and NASDAQ. One segment not seeing any kind of consolidation has been the market that is trading penny stocks. Tens, hundreds, and even thousands of percentage points have been realized during a time of financial turmoil overseas. Despite these dealings, small and micro cap stocks have surged during the early parts of the summer months. Progressive Care, Inc. (OTC:RXMD), Enviro-Serv, Inc. (OTC:EVSV), and RXi Pharmaceuticals Corporation (NASDAQ:RXII) have also seen price as well as volume trend above average.

Progressive Care announced mid quarter results on Thursday to highlight the immense progress that the Company continues to see. Following a “banner” first quarter with $3million in revenue and above average prescription counts, Progressive announced that through its subsidiary, PharmCo, it has reached over $2.3 million in revenues for the 2-month period. PharmCo achieved $1.4 million in revenues during the month of May as a standalone period. With only a 28% increase in filled prescriptions over the same period last year, the Company grew revenues by over 30%. Shares of RXMD skyrocketed to highs nearing $0.05 up 790% from the close on Wednesday on above average volume.

“We are very proud of what we have been able to accomplish this year. We are on pace to post over $1 million per month in revenues and we believe we can improve on those results as we enter our busy season in the fall and winter,” stated Shital Parikh Mars, COO.

The Company expects to provide an update on the second quarter’s prescription and revenue figures in the second week of July 2015.

Enviro-Serv, Inc. has also made waves in the penny stock department. Following previous months of trading between $0.0001-$0.0002, shares of EVSV have managed to rally to highs of $0.0015 in recent weeks. Furthermore, speculation continues to build surrounding the next announcement that the Company comes out with. The reason for this is based on what management stated in a previous release, “The Company originally anticipated closing [the Pestmasters deal] in mid-July and due to the rapid pace that Enviro-Serv is moving, management will be closing on this agreement with the Pestmaster Franchise on or before June 30th.”

Biotech and healthcare have been the outliers within the market and have seemingly surged no matter what sociopolitical events are taking place. Most recently RXi Pharmaceuticals Corporation has seen this first hand. Earlier this month the Company announced that it received two Notices of Allowance from the United States Patent and Trademark Office (USPTO). One is on RXi’s novel, self-delivering RNAi platform (sd‑rxRNA(R)). The patent, titled “Reduced Size Self-Delivering RNAi Compounds,” covers both the composition and methods of use of RXi’s self-delivering platform. “We are pleased to receive both of these Notices of Allowance from the USPTO, which further broaden and protect the Company’s already robust patent estate.” said Dr. Geert Cauwenbergh, President and CEO of RXi Pharmaceuticals.

Over the last month, shares of RXII have increased from lows of $0.342 to highs of $0.62 on Thursday marking a total run up of 81.3%.

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Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

EGM FIRM INC which owns www.DailyStockReporter.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release.

EGM FIRM INC, which owns www.DailyStockReporter.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice.

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SOURCE: Daily Stock Reporter

ReleaseID: 430178

CORAL GABLES, FL / ACCESSWIRE / June 26, 2015 / Summer is underway and the popularity of marijuana is growing rapidly by the day, cannabis stock investors have reaped the benefit of these positive events taking place in the cannabis community. Thursday was a big day in the battle for legalizing Marijuana in the United States. Massachusetts is set to open its first medical marijuana dispensary called Alternative Therapies Group. Summer months historically are known as slow months in the market but not if you are investing in the cannabis space. Marijuana stocks have not slowed down since the beginning of summer as more speculation and interest continue to arise.

FBEC Worldwide Inc. (OTC:FBEC) is one cannabis stock that has turned up the heat during the summer. The company offers a signature H.E.M.P infused energy shot similar to 5- hour energy shots. FBEC has had a staggering run since May from lows of $0.02 to highs of $0.12 in June. The company recently entered into an agreement with J&D Labs to start manufacturing hemp nutraceuticals. CEO Robert Sand stated, “We are making a commitment with J&D Labs that would meet our longer term objectives in manufacturing our future hemp-based nutraceutical products.”

Totally Hemp Crazy Inc (OTC:THCZ) has also garnered attention over the better part of this year and moving from around $0.01 at the end of 2014 to highs of $0.32 earlier this quarter. The Company focuses on developing its own hemp infused beverage branded as Rocky Mountain High. Recently Totally Hemp launched its own clothing line. Jerry Grisaffi, Founder of Totally Hemp Crazy, stated, “We have formed the Rocky Mountain High Clothing Company as a wholly owned subsidiary of THCZ and we are proud to have launched such a beautiful line of trendy clothing that attempts to embody the interests, attitudes and opinions of the hemp lifestyle. We are happy to announce that Heidi Estep will be the President of the newly formed division. Ms. Estep brings with her a creative mind in casual clothes designs and fun looking products.”

Outside of ingestible products, there has been a boom within the hospitality space. The MaryJane Group (OTC:MJMJ) has blazed a trail in the bed and breakfast as well as cannabis resort markets. Next month the doors will open on its recently debuted Bud+Breakfast Mountain Resort – a 170-acre all-inclusive getaway in Durango, Colorado. Just south of the Rocky Mountains and near some of the state’s most beloved outdoor destinations, CannaCamp combines recreational marijuana use and education with a traditional ranch experience to create the country’s first-ever cannabis resort. This has been somewhat of a developing story since it had opened the first Bud and Breakfast previously. Shares of MJMJ have seen prices move from lows of $0.0013 earlier this month to highs of more than $0.01.

Joel Schneider, CEO of The MaryJane Group and operator of CannaCamp states, “We’re bringing an element of luxury to that adventurous, exploratory vibe of childhood summer camp – in a beautiful setting where visitors can enjoy marijuana in a safe, comfortable, social environment. And our offerings are extensive enough that even friends and companions who aren’t interested in the cannabis lifestyle will also enjoy this special retreat.”

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MarijuanaStocks.com is the leading web destination for all things cannabis. Investors can find marijuana related financial, medical, legal, and social news anytime day or night. Writers are invited to submit cannabis related articles for publication.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. MAPH Enterprises LLC which owns www.MarijuanaStocks.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release.

MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice. MAPH Enterprises LLC, which owns www.MarijuanaStocks.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.

Contact Information:
marijuanastocks.com
800-539-4313
pr@marijuanastocks.com

SOURCE: MarijuanaStocks.com

ReleaseID: 430177

VANCOUVER, BC / ACCESSWIRE / June 26, 2015 / Sunridge Gold Corp. (the “Company” or “Sunridge”) (TSX VENTURE: SGC / OTCQX: SGCNF) is pleased to provide an update on the permitting process for the Asmara copper/zinc/gold/silver project in Eritrea. The Asmara Project is held by the Asmara Mining Share Company (“AMSC”) a joint-venture company of which Sunridge owns 60% and the Eritrean National Mining Corporation (“ENAMCO”) owns 40%. The Asmara Project comprises six defined deposits, four of which are the subject of a feasibility study completed in May 2013 and are currently in the permitting process.

As part of the final steps in the permitting process, AMSC is presently in discussions on the detailed terms of the Mining Agreement with the Ministry of Energy and Mines (“MEM”). This agreement covers every aspect of the planned mining operations on the Asmara Project over the 20 year term of the Mining License including the timing of the start of development and commercial production, design capacity and production amounts, reporting requirements, royalty calculations, the use of expatriate employees, contractors and sub-contractors, financing and fiscal arrangements, safety issues, community relations, as well as reclamation and closure plans. Once these terms are agreed to then AMSC and the MEM will execute the Mining Agreement and MEM will be able to issue a Mining License to AMSC. Sunridge is confident that the Mining License will be issued in the near future which will allow AMSC to raise the capital to fund the development of Phase 1A, which is the mining and shipping of the high-grade copper direct shipping ore on the Debarwa deposit.

In addition, the MEM has recently notified AMSC of the renewal of the three exploration licenses that make up the Asmara Project until May 2016.

About Sunridge:

Sunridge is a mineral exploration and development company focused on the acquisition, exploration, discovery and development of base and precious metal projects on the Asmara Project in Eritrea. Sunridge currently has approximately 210 million shares outstanding and trades on the TSX Venture Exchange under the symbol SGC. For additional information on the Company and its projects please view the slide show on our website at www.sunridgegold.com or call Greg Davis at the number listed below.

SUNRIDGE GOLD CORP.
“Michael Hopley”
Michael Hopley, President and Chief Executive Officer

For further information contact:

Greg Davis, VP Business Development

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.

This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan,” “expect,” “project,” “intend,” “believe,” “anticipate,” “estimate,” “suggest,” “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Forward looking statements may include the timing and success of any application for a mining license, permitting or of debt financing. Risk and uncertain factors include, among others: the actual results of current exploration activities; conclusions of economic evaluations; changes in project parameters as plans to continue to be refined; possible variations in ore grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals, a mining license, or debt financing, uncertainties in negotiating commercial arrangements with government entities; and fluctuations in metal prices. There may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.

SOURCE: Sunridge Gold Corp.

ReleaseID: 430164

WEST PALM BEACH, FL / ACCESSWIRE / June 26, 2015 / ​​CannaBrands, Inc. (PINKSHEETS:CBMJ) announces that it has changed its name from CannaBrands, Inc. to Canna Consumer Goods, Inc. FINRA approved the name change as of, June 24, 2015.

Mark Schaftlein, Canna Consumer Goods CEO said: “We at Canna Consumer Goods are proud to have a new name that more accurately reflects the company’s mission. We are still actively recruiting operators in all the states where our diversified portfolio of cannabis products can be produced and distributed. This new name is the latest piece in the ongoing execution of our business plan. Right now we are in various stages of establishing a presence in 4 states, including the two where our products are currently available.”

About Canna Consumer Goods, Inc.:

The business of Canna Consumer Goods is developing and licensing unique specialty goods targeted to cannabis consumers residing in the states where the production and consumption of cannabis infused products, such as bottled sodas, coffee beverages, baked goods and other cannabis infused products are legal for consumption by persons who are qualified to purchase and consume cannabis. At Canna Consumer Goods, Inc. we hold our company and our products to the highest standards, differentiating our products from others in the market.

CONTACT:

Canna Consumer Goods, Inc.
www.cannaconsumergoods.com
info@cannaconsumergoods.com
1-888-856-4782

SOURCE: CannaBrands, Inc.

ReleaseID: 430166