Breaks Categories: News

MondayDec 06, 2021 1:35 pm

NetworkNewsBreaks – PIXELYNX Closes $4.5M Seed Investment Round

PIXELYNX, the new gaming venture building a music metaverse, today announced that it has closed a $4.5 million seed investment round that was led by Animoca Brands, the company driving digital property rights via NFTs and gaming to help build the open metaverse. The round’s additional investors include Solana Ventures, Alameda Research, Alumni Ventures’ Blockchain Fund, Hyperedge Capital, Republic Realm, SevenX, and Sfermion. “Fueled by the ingenuity and creativity of Richie and Joel, PIXELYNX helps artists create their own immersive worlds that can be used to build community, release music, playable NFTs and launch forward-thinking blockchain strategies,” said Inder Phull,…

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MondayDec 06, 2021 1:20 pm

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Launches World’s Most Effectively Bioavailable CBD Delivery Cream

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced the official launch of the world’s first patented time-release, hemp-based CBD topical cream with boosted bioavailability, made possible by its proprietary Hourglass(TM) technology. Hourglass, a unique method for topical delivery of CBD, leverages a proprietary process that involves the grinding of CBD into nano-sized particles, substantially smaller than the width of a human hair, which allows for significantly higher bioavailability and absorption. “Over the last several months, our Hourglass product team has received extremely positive product feedback and internal reviews from our product testers and retail customers…

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MondayDec 06, 2021 12:59 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Launch of PlantX UK

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced the expansion of its e-commerce platform to the United Kingdom. Per the update, PlantX UK will launch under a new domain, www.PlantX.UK, and offer a similar experience as PlantX.ca and PlantX.com provide in Canada and the United States, respectively. The new platform will feature an extensive assortment of plant-based goods, an abundant indoor plant selection and a variety of educational resources, including blogs and recipes. In addition, www.PlantX.UK will complement Bloomboxclub Limited, PlantX’s e-commerce business that sells and delivers indoor plants across the United Kingdom and Germany. “PlantX plans to introduce a wide selection…

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MondayDec 06, 2021 12:42 pm

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Schedules Corporate Update Call

GreenBox (NASDAQ: GBOX), an emerging fintech company leveraging proprietary blockchain security and token technology to build customized payment solutions, has announced its upcoming corporate update call. Company management will provide an overview of recent progress on key acquisitions and partnerships during the planned Dec. 9, 2021, webcast, which will begin at 4:30 p.m. ET. The call will also provide information about the upcoming spinoff of Coyni. Those participating in the call include GreenBox chair Ben Errez along with several other key members of management. Following an operational update on the company’s strategic growth initiatives and technology development, the call will…

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MondayDec 06, 2021 12:22 pm

NetworkNewsBreaks – Mydecine Innovations Group (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA) Announces Patent Application Covering Multiple Families of Psilocin Analogs

Mydecine Innovations (NEO: MYCO) (OTC: MYCOF) (FSE: 0NFA), a biotechnology and digital technology company aiming to transform the treatment of mental health and addiction disorders, today announced it has filed a full patent application covering multiple families of psilocin analogs. According to the update, the application includes solutions to directly address further precision in delivery control and shelf stabilization of psilocin, psilocybin’s active metabolite, both of which are critical for use in the medical setting. “The goal of creating these improved second-generation compounds is to enable safer, more effective treatments for patients along with improved management of dosage and drug behavior…

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MondayDec 06, 2021 10:32 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces 2022 Revenue Guidance, to Host Dec. 14 Webinar

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products, today announced 2022 revenue guidance of $35-45 million. According to the update, this incorporates revenue contributions from the company’s various operating divisions, including recently acquired Vessel Brand and wholesale cannabis revenues from Cosechemos. In addition, Flora announced that it will hold a webinar at 4:30 p.m. ET on Tuesday, Dec. 14, 2021. During the webinar, Flora CEO Luis Merchan will provide an update on the operational performance for 2021 to date, additional comments on the financial guidance for 2022, and hold a brief question-and-answer session. Interested parties…

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FridayDec 03, 2021 3:33 pm

NetworkNewsBreaks – Culp, Inc. (NYSE: CULP) Featured in Research Note from Sidoti

Price Target Lowered; Earnings Release; Estimates Lowered Culp, Inc. (NYSE: CULP) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “2Q:F22 Results In-Line With Pre-Release; Adjusted EPS Estimates Still Imply Solid Rebound In 4Q:F22-F2023; Maintain Moderately Risky Rating, Trim Price Target To $20 (From $22).” Click here to access the full report. About Culp, Inc. Culp is one of the world’s largest marketers of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture. The company markets a variety of fabrics to its global customer base of leading bedding…

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FridayDec 03, 2021 1:44 pm

NetworkNewsBreaks – STRATTEC SECURITY CORP. (NASDAQ: STRT) Featured in Research Note from Sidoti

Estimates Lowered; Corporate Update STRATTEC SECURITY (NASDAQ: STRT) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “COVID Resurgence And Ongoing Supply Chain Constraints Temper Our Profit Expectations; Maintain $65 Price Target.” Click here to access the full report. About STRATTEC SECURITY CORP. STRATTEC designs, develops, manufactures, and markets automotive Access Control Products, including mechanical locks and keys, electronically enhanced locks and keys, steering column and instrument panel ignition lock housings, latches, power sliding side door systems, power lift gate systems, power deck lid systems, door handles and related products. These…

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FridayDec 03, 2021 1:28 pm

NetworkNewsBreaks – GEO Group Inc. (NYSE: GEO) Featured in Research Note from Sidoti

Estimates Lowered; Corporate Update GEO Group Inc. (NYSE: GEO) was featured in a company-sponsored research note published by Sidoti & Company, LLC. The headline of the note reads, “We View Change In Corporate Structure As A Long-Term Positive; Lower EPS Estimates To Reflect The Resulting Higher Tax Rate; Maintain Moderately Risky Rating, $15 Price Target.” Click here to access the full report. About GEO Group Inc. The Geo Group is a real estate investment trust that specializes in the ownership, lease, and management of correctional, detention, and re-entry facilities. U.S. Corrections and Detention (67% of 2020 revenue) encompasses United States based…

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FridayDec 03, 2021 1:15 pm

NetworkNewsBreaks – MoneyShow’s Upcoming Expo to Showcase Innovative Ways for Accredited Investors to Generate Wealth

MoneyShow, a leading producer of financial conferences for affluent investors, active traders and financial advisors, will be hosting the upcoming MoneyShow Accredited Investors Expo. Set to take place in an entirely digital format on Dec. 7-9, 2021, the event will feature some of the industry’s most sought-after experts from across the North American continent to share innovative ways by which accredited investors can generate wealth. The Virtual Expo will feature a strong lineup of market experts, including more than 30 leading speakers, and provide information and tools accredited investors need to increase success. These include learning tips on investing in…

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