Breaks Categories: News

WednesdayDec 11, 2019 1:10 pm

NetworkNewsBreaks – Asure Software (NASDAQ: ASUR) Sells Workspace Management Business to FM:Systems in Transaction Valued at $120M

Asure Software (NASDAQ: ASUR), a leading provider of dynamic cloud-based solutions that elevate how, when and where work gets done, has sold its Workspace Management business to FM:Systems in an asset and equity transaction valued at $120 million. According to the update, the transaction enables Asure’s continued focus to deliver its award-winning Human Capital Management (“HCM”) solutions to small and midsize businesses. The sale provides both Asure Software and FM:Systems with immediate opportunities to focus on key strategies and scale their respective businesses. ROTH Capital Partners served as financial advisor to Asure and provided a fairness opinion to Asure’s Board…

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WednesdayDec 11, 2019 12:25 pm

NetworkNewsBreaks – CNS Pharmaceuticals, Inc. (NASDAQ: CNSP) Announces Positive FDA Pre-IND Guidance for Berubicin

CNS Pharmaceuticals (NASDAQ: CNSP), a biotechnology company specializing in the development of novel treatments for brain tumors, received positive feedback from the U.S. Food and Drug Administration (“FDA”) for its Pre-IND (Investigational New Drug) meeting proposal to use Berubicin, a lyophilized drug product, in Phase II clinical trials. The FDA indicated, in response to CNS Pharmaceuticals’ previously-submitted Pre-IND request, that the proposal to use a lyophilized drug product in the Phase II clinical trial appears reasonable. "We were encouraged by the initial feedback provided by the FDA as we believe the availability of our existing supply of Berubicin for a…

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WednesdayDec 11, 2019 12:20 pm

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Transitions to HERBL Distribution Solutions as Primary California Distribution Partner

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis branded products company in the U.S., today announced the transition of its primary California distribution partner from Calyx Brands Inc. to HERBL Distribution Solutions for the company’s best-selling cannabis products. “After an extensive review of the major California cannabis distributors, we determined that HERBL was best positioned to scale with PLUS and reliably deliver product to retailers at the lowest cost,” Jake Heimark, Co-founder & CEO of PLUS, said in the news release. “One of our goals at PLUS is to put our products on every shelf at an affordable price, and…

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WednesdayDec 11, 2019 11:45 am

NetworkNewsBreaks – Nightfood Holdings Inc. (NGTF) Advances Hospitality Market Initiative, Reports Positive Response from Initial Locations

Nightfood Holdings (OTCQB: NGTF), the innovative company addressing America’s $50 billion annual night snacking spend, today announced that it has established discussions with Food & Beverage directors at a few of the largest hotel chains and management companies in the US. This news follows the company’s recent announcement that it hired MSourceIdeas and Mr. Lionel Binnie to spearhead major distribution through the hotel pantry and college campus verticals. NGTF has already secured distribution with the leading snack distributor to the hospitality industry, making Nightfood available to hotels and college campuses throughout New England, Mid-Atlantic, the Midwest, the Carolinas, and the…

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WednesdayDec 11, 2019 10:56 am

NetworkNewsBreaks – Wisp Resort Integrates InsuraGuest Inc.’s InsurTech Software to Provide Specialized Insurance Coverage

InsuraGuest(R) this morning announced that it is now live with Wisp Resort(R), a four-season ski, golf and mountain recreational destination resort in the mountains of western Maryland. The integration provides specialized insurance coverage that employs InsuraGuest’s proprietary InsurTech software as the first line of defense for the resort property and its guests. InsuraGuest Insurance Agency administers the product for hotels and vacation rental properties throughout the United States through Crum & Forster. “The InsuraGuest product at the Wisp Resort aligns with our vision of delivering online insurance at the point of sale,” Crum & Forster senior vice president, Specialty Business…

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WednesdayDec 11, 2019 10:05 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Partners with Tango Tango to Offer UV350 Dedicated In-Vehicle Device to US First Responder Customers

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), a developer and provider of cellular communications solutions for enterprise workers and first responders, today announced its partnership with Tango Tango, a FirstNet Certified(TM) Push-to-Talk application and communications service provider, to offer the Uniden(R) UV350 dedicated in-vehicle device to its first responder customers in the United States. According to the update, Tango Tango uses advanced networking, mobile and cloud technologies to leverage LTE and WiFi networks and expand the radio coverage and capabilities of public safety agencies. With the Tango Tango application, smart devices can integrate with any existing radio system, creating seamless interoperability…

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WednesdayDec 11, 2019 10:01 am

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTCQB: MGROF) Secures $3.9 Million in Private Placement

MustGrow Biologics (CSE: MGRO) (OTCQB: MGROF), an agricultural biotech company developing and commercializing a portfolio of natural, science-based bio-pesticides, today announced closing of its previously disclosed non-brokered private placement. According to the update, MustGrow has closed on an aggregate of 11,139,879 units for gross proceeds of C$3,898,957. The private placement consists of units, with each at a price of C$0.35 and consisting of one common share of the company and one-half of one common share purchase warrant. For a period of 24 months following the closing of the private placement, each full warrant shall entitle the holder to acquire one…

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WednesdayDec 11, 2019 9:34 am

NetworkNewsBreaks – Hemptown USA Unveils New CBG-Based Product Line at MJBizCon 2019; Reports 2019 Harvest Results

Hemptown USA, a privately-owned grower of full-spectrum, feminized hemp using premium-seed genetics, on Tuesday announced that the company revealed a portion of its new line of cannabigerol (“CBG”) products at the 2019 MJBizCon in Las Vegas, Nevada. Hemptown USA will be at booth C3831 at the 2019 MJBizCon Conference taking place Dec. 11-13, 2019. The new suite of products includes the Hemptown CBG Tincture, the Hemptown Salve Balm, and an assortment of capsules intended for various uses. The company is also promoting its new Hemptown Chew gum, which contains the highest levels of hemp-derived CBD and CBG cannabinoids currently accessible…

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TuesdayDec 10, 2019 2:27 pm

NetworkNewsBreaks – BRK Inc. (BRKK) Announces Strategic Appointment of Former PGA TOUR Pro Rick Pearson as VP of Broadcasting, Professional Athlete Advisory Board Member

BRK Inc. (OTC:BRKK) today announced its strategic hiring of Rick Pearson as its new vice president of broadcasting. Pearson also joins as the third member of the Company’s Professional Athlete Advisory Board. In these roles, Pearson will work with BRK’s chief technology officer in the development of new camera technology for multi-platform broadcasting, as well as initiate business opportunities with the PGA TOUR, PGA OF AMERICA, LPGA and other professional and amateur golf organizations in the USA and internationally. “Rick’s experience in the broadcast industry, coupled with his experience in professional golf, strongly positions him to lead the Company’s directives…

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TuesdayDec 10, 2019 1:53 pm

NetworkNewsBreaks – Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) Appoints New Chief Executive Officer David Klein

Canopy Growth Corporation (TSX: WEED) (NYSE: CGC) today announced the appointment of David Klein as the company's chief executive officer, effective January 14, 2020. Klein served in a number of senior leadership capacities over the past 14 years at Constellation Brands and brings a wealth of expertise to this role. His capabilities include extensive CPG and beverage alcohol industry experience, strong financial orientation, and experience operating in highly regulated markets in the U.S., Canada, Mexico and Europe. "Canopy Growth sits at the forefront of one of the most exciting new market opportunities in our lifetime," Klein said in the news…

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