Breaks Categories: News

ThursdayMar 19, 2020 3:29 pm

NetworkNewsBreaks – Champignon Brands Inc. (CSE: SHRM) Inks Agreement to Acquire Novo Formulations, Broadens Alternative Medicine Portfolio

Champignon Brands (CSE: SHRM), a wellness company specializing in medicinal mushroom and mushroom-infused products, today announced the expansion of its vertically integrated, alternative medicine product portfolio with the addition of new proprietary intellectual property (“IP”). SHRM recently entered into a definitive agreement, signed March 18, 2020, to acquire Novo Formulations Ltd. (“Novoformulations”), a specialty biotechnology company focused on developing novel and innovative delivery systems for the pharmaceutical and nutraceutical industries. Per the terms of the agreement, Champignon will acquire 100% of the issued and outstanding shares of Novoformulations for a total consideration of 12.5 million common shares in the capital…

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ThursdayMar 19, 2020 11:35 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) Announces Launch of New Corporate Website, Provides Update on Initial Orders of Klen Hand Sanitizer

SinglePoint (OTCQB: SING) today announced the launch of its new corporate website that highlights its core business entities and includes an updated corporate video that provides an overview and outlook for 2020. In addition, SinglePoint provided an update on initial orders of its Klen Hand Sanitizer with Moisturizing Hemp Seed Oil. In the first few days, the company has received multiple pre-orders that daily continue to grow and has been contacted by distributors and accounts interested in an additional hand sanitizer line. “It is extremely beneficial that we have a manufacturing facility already making other CBD/Hemp products and it has…

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ThursdayMar 19, 2020 10:51 am

NetworkNewsBreaks – Xalles Holdings Inc. (XALL) to Acquire Atlanta-Based Technology Company, MinervaWorks

Xalles Holdings Inc. (OTC: XALL), a fintech holding company leveraging blockchain technology for financial reconciliation and payment auditing solutions, today announced its execution of a Share Purchase Agreement to acquire 100% of MinervaWorks Holdings, Inc., an Atlanta based technology company. Under the agreement, Xalles Holdings Inc. will acquire all of the common shares of MinervaWorks Holdings, Inc., which in turn will wholly own the two subsidiaries, Minerva Automation, Inc. and MinervaWorks, LLC. The combined MinervaWorks organization, which includes 11 full time employees, in this recession-proof business, will become a wholly owned subsidiary of Xalles Technology Inc. “MinervaWorks is a very…

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ThursdayMar 19, 2020 10:44 am

NetworkNewsBreaks – Cannabis Strategic Ventures, Inc. (NUGS) Turns Up the Lights, Continues to Expand While Others Retrench in California Market

Cannabis Strategic Ventures (OTCQB: NUGS), an emerging leader in the U.S. and California cannabis marketplaces, today announced another milestone at the company’s licensed cultivation operation in northern California, NUGS Farm North. According to the update, the company continues to expand operations and has now installed 768 high-powered grow lights, which will allow for an increase in the number of plants cultivated per year and an increase in yield relative to previously allocated cultivation capacity. “We are extremely excited to reach this milestone for NUGS Farm. It takes a lot of dedication, planning, and adjustments to get to this point.  Compliance…

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ThursdayMar 19, 2020 9:40 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Releases Shareholder Letter Discussing COVID-19 and Strategic Changes

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a leading branded cannabis products company based in California, today released a letter from its Co-founder and CEO, Jake Heimark, discussing the COVID-19 pandemic and recent company developments. “We do not know how COVID-19 will affect our business, but we believe that we are well prepared to respond to this crisis. For our company’s full response and real-time updates on the actions we are taking to respond to this crisis, please visit PlusProductsInc.com/coronavirus,” Heimark stated in the letter. “PLUS continues to have a strong foundation as a leader in the California cannabis market. We…

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ThursdayMar 19, 2020 9:31 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) Commences COVID-19 Drug Delivery Program

Lexaria Bioscience (CSE: LXX) (OTCQX: LXRP), a global innovator in drug delivery platforms, this morning announced the initiation of a program, in collaboration with leading laboratories in Canada and the USA, to analyze the benefits of Lexaria's DehydraTECH(TM) drug delivery platform for improving delivery and effectiveness of certain antiretroviral drugs in the fight against coronavirus disease COVID-19. Researchers around the world are currently examining several antiretroviral drugs, many of which are fat soluble, as possible candidates to combat COVID-19. When administered in oral form, fat soluble drugs are known to present considerable bioavailability challenges in effectively reaching the human bloodstream.…

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WednesdayMar 18, 2020 3:01 pm

NetworkNewsBreaks – ROTH Capital Partners Expresses Gratitude to Virtual Conference Participants

ROTH Capital Partners’ Conference Team on Tuesday released an update expressing its gratitude to the ROTH Virtual Conference participants. In the update, ROTH acknowledged that there were some unforeseen issues resulting from the necessary move from a traditional conference setting to a virtual platform on short notice in response to the health concerns regarding COVID-19. Among other highlights, the virtual conference was comprised of 350 participating companies, 1,150 participants, 2,500 virtual meetings and 210,000 total minutes spent on conference calls. To view documents by ROTH & participating companies, including presentations, visit http://nnw.fm/4dqmR To view the full update, visit http://nnw.fm/77Cqj About…

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WednesdayMar 18, 2020 2:49 pm

NetworkNewsBreaks – iClick Interactive Asia Group Limited (NASDAQ: ICLK) Featured in ROTH Equity Research Report

iClick Interactive Asia Group Limited (NASDAQ: ICLK) was featured in a recent equity research report published by ROTH Capital Partners LLC. The report reads, “ICLK announced preliminary 4Q19 results and an initial FY20 outlook, both of which were marginally better than our expectations. 4Q19 revenue is expected to be mostly in-line (stronger enterprise offsetting slightly lower marketing solutions revenue-at the midpoint), which implies adj. EBITDA ~$0.8M better. FY20 revenue/adj. EBITDA guidance suggests upside to our (prior lowered) estimates, although due to ongoing COVID-19 uncertainty, we’re leaving our forward model unchanged. We plan on updating 4Q numbers when ICLK holds its…

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WednesdayMar 18, 2020 2:37 pm

NetworkNewsBreaks – AVROBIO Inc. (NASDAQ: AVRO) Featured in Mizuho Securities Research Report

AVROBIO Inc. (NASDAQ: AVRO) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “AVROBIO reported 4Q19/FY19 earnings yesterday. 4Q19 EPS was $(0.72) vs. FactSet consensus of $(0.59) and FY19 EPS was $(2.66) vs. FactSet consensus of $(2.50). We do not see earnings as the most important value driver for AVRO at this stage. Importantly, the company has a solid cash position (runway into 2Q22) to weather the current Covid-19 situation, and no major impact on patient enrollment/dosing is expected at the moment, although the situation remains fluid. We highlight important catalysts to…

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WednesdayMar 18, 2020 10:23 am

NetworkNewsBreaks – iClick Interactive Asia Group Ltd. (NASDAQ: ICLK) to Report Q4, Full Year 2019 Financial Results, Host Conference Call

iClick Interactive Asia Group (NASDAQ: ICLK), an independent online marketing and enterprise data solutions provider in China, today announced that it will report its unaudited fourth quarter and full year 2019 financial results before the U.S. market opens on Tuesday, March 31, 2020. According to the update, iClick’s Chairman and Co-Founder Sammy Hsieh, CEO and Co-Founder Jian "T.J." Tang and CFO Terence Li will host a conference call to discuss the company's business and financial performance at 8:00 AM U.S. Eastern Time (8:00 PM Hong Kong Time) on March 31, 2020. Interested parties may join by dialing +1-888-346-8982 (United States),…

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