Upgrades Financial and Corporate Disclosure

BOULDER, CO / ACCESSWIRE / July 22, 2015 / CLS Holdings USA, Inc. (OTCQB: CLSH), a diversified cannabis company, has successfully up-listed to the OTCQB Marketplace. CLS stands for “Cannabis Life Sciences”, as the Company has developed a proprietary method of extracting various cannabinoids from the marijuana plant and converting them into higher quality and quantity. The Company’s mission is to be the industry leader in the extraction, conversion and marketing of cannabinoid oils, wax, edibles and shatter by leveraging our extraction methods and conversion processes.

“Following our recent completion of the reverse merger and attaining a public listing, we quickly followed through with our intention to up-list to the OTCQB,” said Jeff Binder, Chairman, President and Chief Executive Officer of CLS Holdings USA. “CLS Holdings USA is committed to the high level of financial and corporate disclosure that is required for this listing category, which demonstrates our continued commitment to our shareholders. We believe that trading on the OTCQB will raise the visibility of the Company, enhance trading liquidity, and broaden our shareholder base as we move forward with continued market acceptance and penetration of proprietary technology into the marketplace.”

“This milestone opens the doors to institutional investors and market makers who were not previously able to buy and sell shares of our Company. Now they may execute on unsolicited orders and also make recommendations to clients as they so choose. It also now gives individual investors an ability to trade shares of our Company. Meeting the increased compliance and information requirements of OTCQB provides our investors greater confidence in the information disclosed by the Company and ensures our commitment to accountability and transparency. We will continue working towards our goals of uplisting in the future to a stock exchange such as the NASDAQ in the future,” added Jeff Binder.

In 2014, OTC Markets Group introduced standards and eligibility requirements for OTCQB with the goal of making it a better venture marketplace. To be eligible, companies must be current in their reporting to a U.S. or foreign regulator, pass a minimum bid price test of one penny ($0.01) and undergo an annual verification and management certification process providing additional information about the company’s insiders, advisors and share count. Companies that are approved to trade on OTCQB receive access to additional premium services to help them build visibility and improve transparency for investors.

About CLS Holdings USA, Inc.

CLS Holdings USA, Inc. is a diversified cannabis company, specializing in the extraction and conversion of cannabinoids. CLS stands for “Cannabis Life Sciences”, as it maintains a proprietary method of extracting various cannabinoids from the marijuana plant and converting them into higher quality and quantity. CLS Holdings USA business model includes licensing operations, processing revenue, processing facilities, sale of products and brand creation and consulting services.

For more information, check out: http://www.clsholdingsinc.com

Forward-Looking Statements

Forward-Looking Statements. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). Statements preceded by, followed by or that otherwise include the words “believe,” “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project,” “prospects,” “outlook,” and similar words or expressions, or future or conditional verbs such as “will,” “should,” “would,” “may,” and “could” are generally forward-looking in nature and not historical facts. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements to be materially different from any anticipated results, performance or achievements. The Company disclaims any intention to, and undertakes no obligation to, revise any forward-looking statements, whether as a result of new information, a future event, or otherwise. For additional risks and uncertainties that could impact the Company’s forward-looking statements, please see the Company’s Form 8-K filed on April 30, 2015, including but not limited to the discussion under “Risk Factors” therein, which the Company has filed with the SEC and which may be viewed at http://www.sec.gov.

Contact Information

Corporate:

Chairman and CEO
Jeff Binder
jeff@clsholdingsinc.com
888-438-9132

Investors:

Hayden IR
Brett Maas
brett@haydenir.com
646-536-7331

SOURCE: CLS Holdings USA, Inc.

ReleaseID: 430748

SEATTLE, WA / ACCESSWIRE / July 22, 2015 / Microscopic bugs and mildew are becoming a multi-million dollar crisis for many marijuana growers, which have led many of them to turn to industrial-strength chemicals that are raising concerns over safety, according to the Associated Press.

The recent AP article points to a number of troubling events:

– The City of Denver quarantined tens of thousands of marijuana plants growing at 11 facilities after health inspectors suspected the use of unauthorized pesticides.
– The Oregonian newspaper found pesticides in excess of legal limits on products ranging from marijuana buds to concentrates and oils sold in the state.
– Washington State is still working on its pesticide rules, despite existing legalization, while California doesn’t have any regulations at all.

These dynamics mean that unscrupulous pot growers can use banned chemicals with little chance of detection.

The U.S. Environmental Protection Agency typically governs what pesticides can be used on crops throughout the United States, but since marijuana remains an illegal drug on a national level, the agency can’t govern how it can be grown. While a so-called “special local need registration” is in the works, the process could take years to complete, which means that the market could remain unregulated for some time to come.

DigiPath Inc. (OTCQB: DIGP), a provider of cannabis testing services in Nevada, aims to bridge the gap and reassure growers, sellers, and consumers by providing extensive testing services. With a state-of-the-art lab that’s already state approved and operational in Las Vegas, Nevada, the company analyzes samples to detect pesticides and other harmful contaminants.

The company also addresses another growing problem within the market – the inaccuracy of THC and CBD levels on labeling. In a growing number of cases, labels have been found to inaccurately disclose the amount of THC and CBD in medical and recreational marijuana, which both poses a risk in the case of THC and could reduce efficacy in the case of CBD. DigiPath’s lab testing services helps ensure that these levels are accurately reported all the time.

GreenWave Advisors recently highlighted the potential size of the cannabis testing industry at an astonishing $850M per year by 2020. In the report, the analyst firm called the cannabis testing segment of the industry “one of the industry’s most attractive plays” given the fully-legal nature of the business, growing number of requirements at a state level, and high barriers to entry in terms of opening new and approved labs in states where the drug has been legalized.

For more information, visit the company’s website at www.digipath.com.

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. Important factors that could cause these differences include, but are not limited to, the demand for the company’s services and the company’s ability to execute its business plan. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claim to provide investment advice or recommendations to readers of this release. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, 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. Emerging Growth LLC dba TDM Financial, which owns CannabisFN, has been compensated for its services in the form of cash and equity securities by DigiPath. For full disclosure please visit: http://www.cannabisfn.com/legal-disclaimer/.

SOURCE: Cannabis Financial Network

ReleaseID: 430755

CORAL GABLES, FL / ACCESSWIRE / July 22, 2015 / Earnings season has brought rise to added attention in certain markets and tech has been one of them. Many speculate that a weaker than expected report coming from several companies including Apple will spark a bearish open come Wednesday’s opening bell. However some speculate that these expectations are unwarranted. Cyrus Mewawalla, managing director at CM Research tells CNBC, “I think the analysts are wrong on this, Apple (earnings report) was broadly in line with what the market was expecting and we see this as a buying opportunity.”

With this, his sentiment has been seen mimicked in the small and micro cap market where penny stocks have gained attention. Reelcause Inc. (PINKSHEETS: RCIT), WindStream Technologies Inc (OTCQB: WSTI) and Eventure Interactive, Inc. (OTCQB: EVTI) have all begun to see increases in activity during recent weeks.

Reelcause, Inc. has seen days of price jumps to highs of $0.34 during the last 2 weeks. The Company focuses on building out a CrowdFunding portal for non-profits. Matthew Kindness, chief technology officer at Reelcause stated in a recent press release that, “The Reelcause platform is designed to build and grow a new or current online organization. Our goal is to provide the necessary tools to engage potential members and bring them together on our comprehensive platform. We provide an environment where supporters can actively participate and contribute in a cause, while simultaneously building new relationships.” The stock saw a pick up in buying late Tuesday afternoon and closed at $0.13.

WindStream Technologies, Inc. saw its highest volume day in more than three months on Tuesday. Following a Monday close of $0.0088, the stock rallied to highs of $0.015 following a letter to shareholders. In it Dan Bates, President and CEO outlined key milestones and project updates to current shareholders. “WindStream has faced great challenges in the past and we have gotten through them with hard work and careful execution; we will do so again. The Company has built a unique suite of products that are resonating with customers all over the world and we will not let the decline in our share price reflect what we believe is the true value of the Company and what we have built,” stated Bates.

Eventure Interactive, Inc., a social event application company, announced in June that it had consolidated its convertible debt while simultaneously entering into a financing agreement for up to $1.5million from Rider Capital. Despite the decline in stock price over the last 3 months, the stock showed resiliency this week. Following a close on Monday of $0.0046, shares of EVTI jumped as much as 50% to highs of $0.0069 on Tuesday. Following these highs, EVTI closed the Tuesday session still up nearly 46% at $0.0067.

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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.

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.

EGM FIRM INC which owns www.DailyStockReporter.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:

Company: DailyStockReporter.com
Contact Email: news@dailystockreporter.com

SOURCE: DailyStockReporter.com

ReleaseID: 430770

CORAL GABLES, FL / ACCESSWIRE / July 22, 2015 / The oil guru who projected last year’s drought said $100 a barrel of crude is more than likely to return within five years as uncertain supply fails to meet the demand. The founder of PIRA Energy Group, Gary Ross says oil markets aren’t as oversupplied as people think and additional capacity is tight since Saudi Arabia is producing all the crude it can without new drilling. “Current prices are unsustainable,” he stated Monday in an interview in London. “It’s hard not to see oil hitting $100 a barrel at some point in the next five years.” This has seemingly boosted confidence in other speculative markets specifically with marijuana stocks. mCig Inc. (OTC: MCIG), FBEC Worldwide Inc. (OTC: FBEC) and Pharmacyte Biotech, Inc. (OTC: PMCB) have all continued to see increased trading activity amidst what have typically been slower summer months.

Cig Inc., a leading provider of technology, products, and services for all aspects of the global medical and legal recreational cannabis industry recently announced the company will launch the first-ever Ultimate Cannabis Innovation Awards. The awards will take place October 17th 2015, and it will consist of a contest to recognize the most innovative and exciting products, services and entrepreneurial talent in the cannabis industry. “In the past five months as we’ve been restructuring the management and operations at mCig, we also realized that with so many exciting new products and services being developed, we didn’t need to spend our resources on research and development,” stated by Paul Rosenberg, CEO of the company. Since last week MCIG has seen price increases by as much as 16% from lows of $0.0507 to highs of $0.059. The stock closed Tuesday at $0.0536.

FBEC Worldwide Inc. an innovator in the H.E.M.P beverage industry is set to launch its signature WolfShot H.E.M.P. Energy on August 1st of this year. The company recently announced it would begin the process of up listing to the OTCQB. According to the Company this is anticipated to take place within 30 days from the application submission. Robert Sand, CEO and Chairman of FBEC Worldwide, Inc., states, “Issuers on the OTCQB enhance the market makers in being able to choose the full service, one stop shopping of the OTC Markets and to quote the stock of over the counter trading Issuers.” FBEC has seen trading levels between $0.083-$0.1199 during the last week.

Pharmacyte Biotech Inc., a biotech company that is currently developing what looks to be a successful pancreatic cancer treatment announced on Tuesday that they have added Dr. Manuel Hidalgo to the company’s Scientific Advisory Board. Dr. Hidalgo is one of Europe’s leading clinical and laboratory investigators in the field of pancreatic cancer. Dr. Hidalgo comes from a long and experienced history in the medical practice regarding pancreatic cancer. Dr. Hidalgo is a co-founder and Chairman of the international Pancreatic Cancer Research Team and works with co-founder Dr. Daniel Von Hoff, who also serves as the Chief Development Officer of Translational Drug Development. PMCB over the last month has seen a decline in price by 27% coming down from as high as $0.13 to as low as $0.095.

About marijuanastocks.com

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: 430767

Capital Raise to Fund Strategic Acquisitions, Working Capital & Corporate Purposes

NAPERVILLE, IL / ACCESSWIRE / July 22, 2015 / General Employment Enterprises, Inc. (NYSE MKT: JOB) (“the Company” or “General Employment”), a provider of specialty staffing services and solutions, today announced the pricing of an underwritten public offering of 11,200,000 shares of its common stock at a price of $.70 per share. The Company has also granted to the underwriters a 30-day option to acquire up to an additional 1,680,000 shares to cover over-allotments.

The Company estimates that the net proceeds from this offering, after deducting underwriting discounts and commissions and before offering expenses payable by the Company, will be approximately $7.3 million. If the underwriters exercise their over-allotment option in full, net proceeds from the offering are expected to be approximately $8.4 million. The offering is expected to close on July 27, 2015, subject to customary closing conditions. The Company intends to use the proceeds from this offering for acquisitions, working capital and general corporate purposes.

Derek Dewan, Chairman and Chief Executive Officer of the Company commented, “We are most pleased with the results of this public equity offering. We believe that this financing will help General Employment accomplish its multi-faceted growth strategy and sets the stage for the first phase of reaching its strategic initiatives. Additionally, we expect the completion of this public offering to strengthen our balance sheet and to improve our credit worthiness.”

Roth Capital Partners is acting as the sole book-running manager of the offering. Maxim Group is participating as a co-manager.

The shares described above are being offered by the Company pursuant to a registration statement (including prospectuses) previously filed with and subsequently declared effective by the Securities and Exchange Commission, or SEC. A prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Copies of the prospectus supplement and accompanying base prospectus relating to this offering may be obtained from Roth Capital Partners, 888 San Clemente, Newport Beach, CA 92660, (800) 678-9147 or by accessing the SEC’s website, http://www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About General Employment Enterprises, Inc.

General Employment Enterprises, Inc. was incorporated in the State of Illinois in 1962, is a provider of specialized staffing solutions and is the successor to employment offices doing business since 1893. The Company operates in two industry segments, providing professional staffing services and solutions, and light industrial staffing services through the names of General Employment, Ashley Ellis, Triad and Omni-One. Also, in the healthcare sector, General Employment through its Scribe Solutions brand staffs medical scribes who assist physicians in emergency departments of hospitals and in medical practices by providing required documentation for patient care in connection with electronic medical records (EMR).

Forward-Looking Statements

This press release includes forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, regarding the proposed public offering. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated. Such statements relate to, among other things, the satisfaction of the conditions to closing of the offering, market conditions and such other factors as set forth in the prospectus supplement and the other documents the Company has filed or will file with the SEC, including the Company’s most recent annual reports on Form 10-K and its quarterly reports on Form 10-Q and in the Company’s other filings with the SEC. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond General Employment’s ability to control. The Company undertakes no obligation to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities laws.

Contact:

General Employment Enterprises, Inc.
Andrew J. Norstrud, 813.803.8275
invest@genp.com

SOURCE: General Employment Enterprises, Inc.

ReleaseID: 430761