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GKIT News and Press, Greenkraft Inc From 03/31/20

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Company Name: Greenkraft Inc
Stock Symbol: GKIT
Market: OTC
Website: www.greenkraftinc.com

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GKIT - CBD Dispensaries Ruled Essential And Remain Open In Several States During Coronavirus Outbreak

CBD licensed dispensaries, filling refills of patients, have been ruled essential businesses that  remain open in California, Nevada, Michigan and Illinois. CBD is available to residents of these states during the coronavirus crisis. Online sales of CBD, always a dominant percentage of th...

GKIT - Colgate Palmolive Enters CBD Market By Buying Maker Of CBD-Infused Oral Hygiene Products

The CBD industry’s red-hot M&A activity within the past two months has seen several companies acquired, but none is more intriguing than the move by mainstream firm Colgate Palmolive (NYSE: CL) to acquire Hello Products and its line of oral hygiene products — CBD-infused ...

GKIT - 56% Of Large Enterprises Globally Will Plan To Adopt Blockchain Technology By 2020 For Transactions, Such As International Payments: Research

More than half of large enterprises, 56%, will use blockchain-driven technology for transactions,  such as cross border, international payments transactions, research by SpiceWorks in its report, “2019 State Of IT,” shows. Blockchain offers quicker payment processing, accura...

GKIT - 5G SmartPhone Shipments Projected To Hit 200 million Units In 2020 Seen To Be Disrupted By The Coronavirus Global Crisis

Just weeks ago, projections for 5G SmartPhone shipments in 2020 said volume would reach some 200 million units in 2020 — with sales stalled in the first half due to the coronavirus — then bouncing back strong in the second half. Now, as the global outbreak is more extended and it...

GKIT - Blockchain-Driven Quick Payment Solutions Between Telecom Carriers In Demand; iQSTEL Inc.'s Subsidiary itsBchain Software Is Fast, Mitigates Fraud

Blockchain technology enables industry companies to develop software that speeds up payment transactions between global telecom carriers, saving time and expenses. Website BlockchainNews reported on PCCW Global, start-up Clear and Colt Technology Services collaborating together on a Proof of...

GKIT - 5G Communications Firms, Like iQSTEL, Are Providing Important Global Network Benefits Dur-ing Coronavirus Pandemic

Health care workers, first responders, manufacturers of health equipment and other industries should be praised for their front line heroism during the coronavirus pandemic. 5G communications firms should also be honored for their important global network service during this crisis in offering...

GKIT - Market Rallies 21% Past Three Sessions As CBD Sees Recent Torrent Of M&A Activity

The stock market has rallied for a 21% gain in the past three days ended yesterday (March 26, 2020), but CBD has also been red hot in the M&A market as major companies enter the market and the ones already in it buy more. Colgate Palmolive (NYSE: CL) is entering the business by buying ...

GKIT - CBD Stocks Jump, Including Acquisition Target Abacus Health +33.6%, Aurora Cannabis Inc. +21.30%, CBD Unlimited +9.11% And Canopy Growth +8.44%

The CBD sector in stocks is jumping. In yesterday’s rally (Thursday, March 26, 2020) Abacus Health Products, Inc.  (OTC: ABAHF) , takeover target of Charlotte’s Web, rose +33.6% to $3.34; Aurora Cannabis Inc. (NYSE: ACB) +21.30% to $0.90; CBD Unlimited ( OTC PINK: ED...

GKIT - CBD National Online Sales Jump 230% Before Coronavirus Quarantine; CBD Companies May Be Ineligible For Federal Relief Loans

The good news is that nationwide online sales of CBD jumped 230% prior to the coronavirus quarantines and in California orders hit a record peak last Thursday (March 19, 2020) after Gov. Gavin Newsom issued his shelter-in-place order for the state, the Wall Street Journal reported, based on ...

GKIT - iQSTEL Inc. And Subsidiary itsBchain Announce Pre-Beta Test Release Of Blockchain-Driven Mobile Number Portability Platform

iQSTEL Inc. ( OTC: IQST ) and its 75% owned itsBchain subsidiary announced today (March 25, 2020) the Pre-Beta test release of its blockchain-driven mobile number portability and administration platform. It simplifies and shortens the process of smartphone owners who want to switch carriers,...

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