NewBridge’s Common Stock Now Trades under Ticker “NBGV”
Orem, Utah, Dec. 14, 2017 (GLOBE NEWSWIRE) -- NewBridge Global Ventures, Inc. (“NewBridge” or the “Company”), (OTCQB: NBGV), a company focused on the emerging and dynamic cannabis industry, is pleased to announce that effective December 12, 2017, FINRA has approved its corporate name change and issued the Company a new trading symbol. Newbridge’s common stock now trades under the ticker symbol “NBGV”.
These changes represent the final step in a rebranding effort to reflect the Company’s strategic pivot into the legal Cannabis industry with a focus on an “Eco-System” that incorporates Education, Production, Distribution and Cryptocurrency / Blockchain technologies. The name change better reflects the Company’s plans to integrate these various verticals within the global Cannabis markets.
Mark Mersman, CEO of NewBridge Global Ventures, commented, “These are very exciting times for our Company as we take the next steps in our journey into the dynamic Cannabis markets. NewBridge will allow shareholders to seamlessly participate in the emerging and financially restricted, global cannabis marketplace in the industry’s early days. We believe that NewBridge has a large market opportunity and we look forward to growing the company and creating shareholder value.”
The Company recently announced an Equity Purchase Agreement for $2.0 million. Proceeds will be used for growth capital and to fund the Company’s focused roll-up strategy to acquire industry leading cannabis companies in the ancillary production and distribution verticals that may be utilizing blockchain technology and cryptocurrencies.
About NewBridge Global Ventures, Inc.
NewBridge Global Ventures, Inc. is a U.S. public company (OTCQB: NBGV) providing business consulting services to companies in the medical marijuana and cannabis related industries. Current associates include an online education company providing education to healthcare professionals on medical cannabis and the endocannabinoid system, a production company, a distribution company focused on delivering best in class hemp oil and medical marijuana products, and a wellness center delivering medical recommendations to patients alongside sales of CBD and hemp oil products. For more information, visit www.newbridgegv.com.
Statements about the expected timing, and all other statements in this press release, other than historical facts, constitute forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date hereof and are based on current expectation and involve a number of assumptions, risks and uncertainties that could cause actual results to differ materially from those projected. A number of the matters discussed herein that are not historical or current facts deal with potential future circumstances and developments that may or may not materialize. This press release speaks only as of its date, and except as required by law, we disclaim any duty to update.
Source:NewBridge Global Ventures, Inc.