Breaks Categories: News

ThursdayMay 12, 2022 12:19 pm

NetworkNewsBreaks – Home Bistro Inc. (HBIS) Announces Continued Uptick in Reorder Rate, Steady 5-Star Reviews

Home Bistro (OTC: HBIS) is a leading online meal delivery platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals. The company today announced a 51% increase in its returning customer rate for its first quarter ended Jan. 31, 2022, as compared to the same period in 2021. “We continue to see an uptick with our reorder rate as well as a steady flow of five-star reviews for our meals, reflecting a very high level of customer satisfaction,” said Home Bistro CEO Zalmi Duchman. “As we previously announced, once we officially launch our first subscription-based offering, we would expect a…

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ThursdayMay 12, 2022 12:03 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FSE: 6BC0) Announces Engagement of ITG

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FSE: 6BC0) today announced that it has engaged Independent Trading Group (“ITG”) to provide market-making services in accordance with Canadian Securities Exchange (“CSE”) policies. According to the update, ITG will trade shares of Eat Well on the CSE and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company’s common shares. ITG will receive compensation of CA$6,500 per month under the agreement, payable monthly in advance. After an initial term of three months, the agreement will renew for additional one-month terms unless terminated…

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ThursdayMay 12, 2022 11:40 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Expands Global Footprint to Establish Presence in the UK and EU

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced expansion of its operational footprint in Europe and the United Kingdom, furthering its international growth strategy. According to the update, the London-based offices will serve as the regional headquarters for Flora’s sales force and management of its distribution centers in the U.K. and Netherlands. Flora additionally bolsters its strategic positioning in the region by partnering with Hoshi to distribute the company’s broader product portfolio to 11 countries, including Germany, Portugal, the U.K., Italy, Poland, the Czech Republic, Denmark, the Netherlands, Switzerland, Malta,…

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ThursdayMay 12, 2022 11:16 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Releases Financial Report for Q1 2022

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, is reporting its financial numbers for the first quarter 2022, the period ended March 31, 2022; the report also includes corporate updates. Highlights of the report include an increase in revenue, with Q1 2022 revenue reaching $1.5 million, up 239% compared to the previous year, and net income of $41.2 million, compared to a GAAP net loss of $8.4 million last year in the same period. In addition, first quarter 2022 non-GAAP net loss was $12.2 million compared to non-GAAP net loss of…

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WednesdayMay 11, 2022 3:21 pm

NetworkNewsBreaks – CWCBExpo New York’s ‘In Conversation With’ Series to Feature Prolific Industry Leaders

Two prolific leaders in the cannabis and hemp industry, Chris Beals and Nick Kovacevich, will be featured speakers in the “In Conversation with…” series at CWCBExpo New York. The event is slated to take place June 2-4 at the Javits Center. The East Coast’s top B2B trade show and conference, CWCBExpo brings together some of the most influential and informed minds in the industry to discuss the latest in the areas of adult use legalization and legislation and its impact on businesses, communities and lifestyle. “I am thrilled to sit down with Mona at this year’s CWCBExpo New York to…

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WednesdayMay 11, 2022 2:49 pm

NetworkNewsBreaks – Vision Hydrogen Corporation (VIHD) Announces Monetization of First Two Development Projects

Vision Hydrogen (OTCQB: VIHD) today announced that it has monetized its 100% interest in its Vlissingen green hydrogen development project and its 50% interest in its Terneuzen green hydrogen development project through the sale of its Dutch interests to Volt Energy BV (“purchaser”), wholly-owned by its former co-CEO Andre Jurres. According to the update, the purchaser paid total consideration of US$23,627,274, consisting of US$11,250,000 in cash and 1,768,182 shares of the company’s common stock owned by the purchaser, valued at the current market price of $7.00 per share, reducing the company’s outstanding common shares by 8.3% to 19,548,776. “Consistent with…

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WednesdayMay 11, 2022 2:04 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Strategic Launch of Vessel in Canada, OCS Partnership

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that its Vessel brand, a leader in premium cannabis accessories, secured meaningful penetration in Canada via an approved listing on the Ontario Cannabis Store (“OCS”). In addition, Vessel has launched its Canadian direct-to-consumer online store, www.VesselBrand.ca, to service customers directly across the country. “We’re elated about our partnership with the OCS and are looking forward to bringing the full Vessel experience to our loyal customers across Canada,” said Flora’s Chief Strategy Officer James Choe. “Our internal estimates show the Canadian cannabis market…

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WednesdayMay 11, 2022 11:31 am

NetworkNewsBreaks – Roth Capital Partners to Collaborate with IBN for Coverage of Roth Canada Showcase Day

Roth Capital Partners and InvestorBrandNetwork (“IBN”) are partnering to increase awareness and visibility of this month’s Roth Canada Showcase Day. The event, scheduled for May 17, 2022, is presented by Roth Capital Partners; IBN will be a media sponsor of the must-attend gathering. The in-person event is designed to create an invaluable opportunity for meaningful conversations as well as foster close ties between those in attendance, particularly U.S. institutional investors and Canadian C-suite executives. The event provides a unique opportunity for senior management of analyst-selected companies to offer a 15-minute corporate presentation to institutional investors in attendance; 1-on-1 meetings that…

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WednesdayMay 11, 2022 11:27 am

NetworkNewsBreaks – illimity Announces Solid Start of 2022, Opening of New Growth Phase

illimity Bank S.p.A.’s (“illimity” or the “Bank”) board of directors, chaired by Rosalba Casiraghi, yesterday approved the illimity Group’s results as of March 31, 2022. According to the announcement, illimity continued its growth path also in the first quarter of 2022, in line with the trajectory forecast in its 2021-25 Strategic Plan, posting a net profit of 15.7 million euro, which represents an increase of 25% over the first quarter of 2021 (12.6 million euro). “The solid results we have achieved in the first quarter allow us to look ahead to the rest of the year with great optimism,” said…

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WednesdayMay 11, 2022 11:19 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) to Present at H.C. Wainwright Global Investment Conference

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that its CEO Doug Drysdale will participate in a fireside chat at the H.C. Wainwright Global Investment Hybrid Conference. The event is taking place May 23-26, 2022, at the Fontainebleau Miami Beach. Drysdale’s fireside chat will be webcast live at 12:30 p.m. ET on Wednesday, May 25. Interested parties should visit https://nnw.fm/CQqI8 to register and access the live webcast. An archived version of the webcast will also be available on the company’s investor relations website. To view the full press release, visit https://nnw.fm/7Y4TH…

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