{'authored_pages': [{'url': '/test', 'title': 'test'}], 'subtitle': u'', 'secure': 0L, 'tags': [], 'absolute_url': u'https://www.newmediawire.com/news/canbiola-announces-fourth-quarter-and-full-year-2018-results-4828275', 'site_id': 270L, 'cover_url': '', 'open_new': 0L, 'content_type': u'releases', 'related_pages': [], 'date': datetime.datetime(2019, 4, 17, 12, 30), 'thumbnail_sizes': u'', 'albums': u'', 'default_file': None, 'categories': [{'description': u'', 'landing_page_url': None, 'id': 24219, 'is_hidden': False, 'title': u'Manufacturing'}, {'description': u'', 'landing_page_url': None, 'id': 24215, 'is_hidden': False, 'title': u'Tech'}, {'description': u'', 'landing_page_url': None, 'id': 24218, 'is_hidden': False, 'title': u'Travel'}, {'description': u'', 'landing_page_url': None, 'id': 24220, 'is_hidden': False, 'title': u'Financial'}, {'description': u'', 'landing_page_url': None, 'id': 24221, 'is_hidden': False, 'title': u'Retail'}, {'description': u'', 'landing_page_url': None, 'id': 24225, 'is_hidden': False, 'title': u'Science'}, {'description': u'', 'landing_page_url': None, 'id': 24227, 'is_hidden': False, 'title': u'Public Policy'}, {'description': u'', 'landing_page_url': None, 'id': 24228, 'is_hidden': False, 'title': u'Government'}, {'description': u'', 'landing_page_url': None, 'id': 24229, 'is_hidden': False, 'title': u'Entertainment'}, {'description': u'', 'landing_page_url': None, 'id': 24230, 'is_hidden': False, 'title': u'Sports'}, {'description': u'', 'landing_page_url': None, 'id': 25589, 'is_hidden': False, 'title': u'Healthcare'}, {'description': u'', 'landing_page_url': None, 'id': 25591, 'is_hidden': False, 'title': u'Education'}], 'description': u'Annual Revenue Increased 445%, Maintained Gross Margin of 50%Hicksville, NY - (NewMediaWire) - April 17, 2019 - Canbiola, Inc. (OTCQB: CANB)\xa0(\u201cCanbiola\u201d or the \u201cCompany\u201d), a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, creams, moisturizers, chews, isolate, gel caps, and concentrate, announced today\xa0operating and financial results for the fourth quarter and year ended December 31, 2018.\u201c2018 was very much of a set-up year for what we expect in 2019 and 2020 and beyond, as we laid the groundwork by assembling our team, advancing our production capabilities and branded and launched our line of CBD products,\u201d commented Marco Alfonsi, Canbiola\u2019s Chief Executive Officer. Mr. Alfonsi continued, \u201cWe now have our line of proprietary CBD products in the hands of over 300 medical offices and health professionals and successfully launched our revolutionary Sustained Acoustic Medicine wellness solution. We continue to explore additional and unique ways to bring our products to market and believe we are well-positioned for accretive revenue growth in 2019, which will be reflective in our first quarter results in mid-May, as we are off to a positive start to the year.\u201dKey Business Highlights for Q4 and Full Year 2018:\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 Acquired Pure Health Products\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 Launched Pure Leaf Oil as its Consumer Brand\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 President Trump Signs Farm Bill Legalizing Hemp CBD Nationwide\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 Johnny Mack PhD Joins Corporate Advisory BoardKey Financial Highlights for Full Year 2018:\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0Revenues increased by 445% to $668,603\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0Gross margin of 50%\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 Operating loss of $4.4 million, included $3.4 million in non-cash stock-based compensation\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0 Cash balance of $0.8 millionKey Financial Highlights for Q4 2018:\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0Revenues increased by 395% to $281,315\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0Gross margin of 46%\xb7\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0\xa0Operating loss of $2.6 million, included $2.1 million in non-cash stock-based compensationSubsequent to the end of 2018,\xa0Canbiola\xa0launched its revolutionary Sustained Acoustic Medicine wellness solution via formation of its wholly owned subsidiary Duramed, Inc. This device, along with proprietary Gel Capture Patches, has been indicated in accelerating tissue healing of musculoskeletal injuries and chronic pain reduction and has proven to be reimbursable by health insurance companies. The sam Pro 2.0 is the first and only FDA cleared wearable low intensity ultrasound device delivering multi-hour treatment to accelerate healing and improve function for musculoskeletal injuries (muscle, tendon, ligament) and reducing chronic pain (without opioid pain medication). Canbiola and its Duramed subsidiary have attained distribution of sam Pro 2.0 in the United States for no-fault and workers comp insurance programs. The Company\u2019s proprietary CBD gels patches coupled with the unique ultrasound delivery system, should drive profitable revenue throughout 2019.Financial Results for the Year Ended December 31, 2018:Revenue for the year ended December 31, 2018 was $668,603, an increase of $545,857 or 445%, compared to $122,746 for the year ended December 31, 2017. This increase was mainly attributable due to the growth of CBD product sales.Gross profit for the twelve-month period ended December 31, 2018 was $334,589, resulting in a gross margin of 50%, compared to $78,280 and 64% for the twelve-month period ended December 31, 2017. Absolute gross profit increased due to the growth of product sales and outreach into additional market segments such as wholesale and private label opportunities.Operating expenses for the year ended December 31, 2018 were $4.7 million, an increase of $3.9 million or 497%, compared to $0.8 million for the year ended December 31, 2017. This increase was mainly attributable due to an increase of $2.2 million in officer\u2019s and director\u2019s compensation and payroll taxes and an increase of $1.5 million in consulting fees, which included additional stock-based compensation of $1.7 million and $1.7 million, respectively, for a total of $3.4 million in stock-based ...', 'doc_type': u'Page', 'related_links': [], 'title': u'Canbiola Announces Fourth Quarter and Full Year 2018 Results', 'url': u'/news/canbiola-announces-fourth-quarter-and-full-year-2018-results-4828275', 'navigation': False, 'author': {'created_date': datetime.datetime(2019, 4, 21, 3, 53, 59, 813385), 'first_name': u'Canbiola Inc.', 'last_name': u'', 'full_name': u'Canbiola Inc. ', 'avatar_file': None}, 'categories_ext': [{'description': u'', 'landing_page_url': None, 'id': 24215, 'is_hidden': False, 'title': u'Tech'}, {'description': u'', 'landing_page_url': None, 'id': 24218, 'is_hidden': False, 'title': u'Travel'}, {'description': u'', 'landing_page_url': None, 'id': 24219, 'is_hidden': False, 'title': u'Manufacturing'}, {'description': u'', 'landing_page_url': None, 'id': 24220, 'is_hidden': False, 'title': u'Financial'}, {'description': u'', 'landing_page_url': None, 'id': 24221, 'is_hidden': False, 'title': u'Retail'}, {'description': u'', 'landing_page_url': None, 'id': 24225, 'is_hidden': False, 'title': u'Science'}, {'description': u'', 'landing_page_url': None, 'id': 24227, 'is_hidden': False, 'title': u'Public Policy'}, {'description': u'', 'landing_page_url': None, 'id': 24228, 'is_hidden': False, 'title': u'Government'}, {'description': u'', 'landing_page_url': None, 'id': 24229, 'is_hidden': False, 'title': u'Entertainment'}, {'description': u'', 'landing_page_url': None, 'id': 24230, 'is_hidden': False, 'title': u'Sports'}, {'description': u'', 'landing_page_url': None, 'id': 25589, 'is_hidden': False, 'title': u'Healthcare'}, {'description': u'', 'landing_page_url': None, 'id': 25591, 'is_hidden': False, 'title': u'Education'}], 'ts_date': 1555504200L, 'draft': 0L, 'location': u'http://cms.ipressroom.com.s3.amazonaws.com/270/files/201701/15aa9d08409aced4_54aafc79868f4b00075cb3a1_logo', 'w': 2550L, 'online': 1L, 'file_obj': None, 'image_url': u'', 'author_id': u'5cb71ed8ed6ae54656b8a7f0', 'doc_id': u'5cb71ed8ed6ae54656b8a7ed', 'page': ImportContentPage(ObjectId('5cb71ed8ed6ae54656b8a7ed'),u'Canbiola Announces Fourth Quarter and Full Year 2018 Results'), 'default_category_id': 24219, 'external_link': None}
Annual Revenue Increased 445%, Maintained Gross Margin of 50%Hicksville, NY - (NewMediaWire) - April 17, 2019 - Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a developer, manufacturer and seller of a ...
New York NY - (NewMediaWire) - April 09, 2019 - Horizon Globex US, LLC (Globex), a SaaS business specializing in the development of proprietary blockchain software solutions that address the full life cycle of a Digital ...
Pompano Beach, FL - (NewMediaWire) - April 04, 2019 - Global Boatworks Holdings Inc. (OTC: GBBT), builder of luxury floating vessels, is pleased to announce that it has entered into a contract to sell the Luxuria I, the ...
Las Vegas, NV - (NewMediaWire) - April 2, 2019 - United Rail, Inc. (OTCPK: URAL), a short line railroad consolidator and owner of the SmartRail brand for electronic Precision Railroading and brand licensor, today ...
Weston, FL - (NewMediaWire) - April 02, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today reported that two more of its 30 contracted distribution partners ...
Henderson, NV - (NewMediaWire) - April 2, 2019 - Duo World Inc. (OTCQB: DUUO)recently announced that their client Eswaran Brothers Exports (Pvt) Ltd., a globally renowned producer of Premium Ceylon Teas, has gone live ...
FRLF’s consumer promise of “your health first” underscores its universal commitment to produce premium quality Hemp CBD health productsLas Vegas, NV - (NewMediaWire) - April 01, 2019 - Freedom Leaf, Inc. (OTCQB: FRLF) ...
Toronto, Canada - (NewMediaWire) - March 05, 2019 - GripeVine, Inc. (OTCQB: GRPV): Richard Hue, CEO of GripeVine, Inc., is pleased to announce a corporate name change to flooidCX Corp to better reflect its new business ...
Weston, FL - (NewMediaWire) - March 05, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, has been invited to present at the 31st Annual ROTH Conference being held ...
Las Vegas, NV - (NewMediaWire) - February 25, 2019 - United Rail, Inc. (OTCPK: URAL) , a short line railroad consolidator and owner of the SmartRail brand for electronic Precision Railroading and brand licensor, today ...
(NewMediaWire) - February 20, 2019 - MIDDLEBURG, VA – Salamander Resort Hammock Beach Resort near St. Augustine; and Innisbrook Resort in Tampa, which will host the PGA TOUR’s Valspar Championship in March. To ...
Weston, FL - (NewMediaWire) - February 19, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today reported it has contracted with six more established travel ...
Denver, Co - (NewMediaWire) - February 14, 2019 - American Cannabis Company, Inc. (OTCQB: AMMJ) (“ACC”), a full-service business-to-business consulting solutions provider, and seller of ancillary products to the ...
St Petersburg, FL - (NewMediaWire) - February 13, 2019 - Endurance Exploration Group (OTC: EXPL) and expedition partner, Blue Water Ventures International (OTCPK: BWVI), are pleased to announce that they have sold a ...
Weston, FL - (NewMediaWire) - February 07, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today reported that 2 more of its contracted distribution partners ...
Weston, FL - (NewMediaWire) - February 05, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today reported it has received a $700,000 working capital line of ...
(NewMediaWire) - February 01, 2019 - (Charleston, SC) - The highly anticipated and luxurious Hotel Bennett in Charleston, South Carolina, is now officially open. Today, Hotel Bennett welcomed distinguished guests and ...
Hicksville, NY - (NewMediaWire) - January 31, 2019 - Canbiola, Inc. (OTCQB: CANB) (“Canbiola” or the “Company”), a developer, manufacturer and seller of a variety of Cannabidiol (Hemp) based products such as oils, ...
Spring Hope, NC - (NewMediaWire) - January 31, 2019 - Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with the largest multipurpose industrial hemp processing facility in the western ...
Colorado Springs, CO - (NewMediaWire) - January 31, 2019 - Bayport International Holdings, Inc. (OTC Pink: BAYP) (“the Company” or “Bayport”) operates as a diversified holding company with subsidiaries active across ...
Weston, FL - (NewMediaWire) - January 28, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, reported it has increased its available instantly-bookable vacation ...
Weston, FL - (NewMediaWire) - January 17, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, today reported that two more of its travel distribution partners have ...
Cannabis Testing Pioneer Digipath to Present at NUGL Technology EventLos Angeles, CA - (NewMediaWire) - January 17, 2019 - NUGL Inc. (OTC: NUGL) (the “Company”), a one-stop shop for all things cannabis through the ...
Oakland, CA - (NewMediaWire) - January 16, 2019 - Web To Door, Inc. (f.k.a Supurva Healthcare Group, Inc.) (OTC PINK: SPRV) (the "Company"), is pleased to provide this operational update on its 2018 business ...
SEATTLE, Jan. 15, 2019 (NewMediaWire) -- CFN Media Group (“CFN Media”), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article covering ...
(NewMediaWire) - January 09, 2019 - ATLANTA (Jan. 9, 2019) – Atlanta Convention & Visitors Bureau (ACVB) created a celebrity-packed video welcoming visitors to the city for Super Bowl LIII. The one-minute reel features ...
Jacksonville FL - (NewMediaWire) - January 9, 2019 - Blue Water Ventures International, Inc. (OTCPK: BWVI) and its branding partner SponsorsOne are proud to announce the first of many humanitarian projects that BWVI ...
New York, NY - (NewMediaWire) - January 09, 2019 - Metrospaces, Inc. (OTC: MSPC) announces it has begun phase II of financial and legal due diligence to acquire California-based Profitable Cannabis Site.Mr. Oscar Brito, ...
Weston, FL - (NewMediaWire) - January 07, 2019 - Monaker Group, Inc. (NASDAQ: MKGI), a technology leader in the travel and vacation rental markets, has entered into contracts with nine more travel distributors to ...
Vancouver, BC - (NewMediaWire) - January 03, 2019 - Future Farm Technologies Inc. (the “Company” or “Future Farm”) (CSE: FFT) (OTCQB: FFRMF) is pleased to announce that its Puerto Rico subsidiary, FFPR, LLC (“FFPR”), ...
