Breaks Categories: News

WednesdayNov 03, 2021 10:01 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Enters Definitive Agreement to Acquire Vessel Brand Inc.

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has entered into a definitive agreement in respect of the previously announced acquisition of 100% of Vessel Brand Inc. Upon closing of the transaction, Flora will acquire Vessel for aggregate consideration of US$30 million, consisting of a combination of cash and the issuance of Flora common shares. “The Flora team has been working diligently to execute on our various business initiatives and the signing of this agreement represents another significant step forward for the company in 2021,” said Luis Merchan, president and CEO of Flora…

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TuesdayNov 02, 2021 4:09 pm

NetworkNewsBreaks – DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF) Subsidiary Launch of Product Subject of Syndicated Broadcast

DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF), a digital asset investment firm bridging the gap between traditional capital markets and decentralized finance, is the subject of a NetworkNewsAudio broadcast. The audio segment discusses a wholly owned subsidiary of DeFi Technologies, Valour Inc., and its newest product, the Valour Uniswap Exchange Traded Product (“ETP”). The product gives institutions and individuals the ability to invest in Uniswap (“UNI”) as easily as they can buying shares from their bank or broker. The most popular decentralized exchange (“DEX”) in the world, Uniswap has seen unprecedented growth recently, resulting in $4.8 billion in total…

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TuesdayNov 02, 2021 2:20 pm

NetworkNewsBreaks – Moon Equity Holdings Corp. (MONI) Provides Details of MINERA RADIANTE S.A.C. Mining Company Acquisition

Moon Equity Holdings (OTC: MONI) has shared information regarding its current acquisition of Minera Radiante; MONI is acquiring 95% of the company, which has been in operation since June 2013. Darwin Cardenas Mendoza, a third-generation Peruvian miner, leads the company. According to the announcement, a Moon Equity team has spent approximately three months undergoing due diligence, working from the south tip of Peru to the northern border of Ecuador. Team members have met local municipalities, tribal leaders and landowners, looking for ideal long-term opportunities future in Peru while also evaluating current opportunities for mineral processing and continuous mineral supply. Moon…

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TuesdayNov 02, 2021 1:31 pm

NetworkNewsBreaks – Lift&Co. Expo 2021 to Shine the Spotlight on Surprises and Ah-Ha! Moments

Lift&Co. Expo, Canada’s No. 1 cannabis conference and trade show, has surprises in store for its upcoming event. The expo, slated to take place at the Metro Toronto Convention Centre from Nov. 18-21, 2021, is legendary for its high-energy, immersive experience. With the debut of the Lift Psychedelics Business Summit and the Lift Cannabis Business Conference and Lift&Co. Expo Industry & Consumer Days trade show rounding out the agenda, the highly anticipated event is raising the bar for this year’s return. “After a necessary hiatus last year, our team is overflowing with new attractions and innovations as we bring everyone…

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TuesdayNov 02, 2021 1:19 pm

NetworkNewsBreaks – AmpliTech Group Inc.’s (NASDAQ: AMPG) AGMDC Unveils Initial Semiconductor Designs for Production

AmpliTech Group (NASDAQ: AMPG), a designer, developer and manufacturer of state-of-the-art signal-processing components for satellite and 5G communications networks, defense, space and other commercial applications, today announced that its Texas MMIC Design Center (“AGMDC”) is now fully operational, and its initial designs have been released for wafer production. According to the update, the designs integrate AmpliTech’s industry leading low-noise figures into more compact packages that will allow for integration into a larger range of consumer applications. “We find that semiconductors today do not provide the performance network providers need to achieve true 5G data rates in excess of 1 Gb…

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TuesdayNov 02, 2021 1:00 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) to Present at First-of-Its-Kind Benzinga ALL ACCESS Investor Event

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and services to the worldwide life sciences and other key industries, today announced its participation in Benzinga's ALL ACCESS Investor Event. The real-time, virtual event taking place on Thursday, Nov. 4, 2021, will feature up to 12 companies in a unique, first-of-a kind format that effectively comingles part interview, part investor presentation. PBI's president and CEO Richard T. Schumacher was invited to provide a live, virtual presentation beginning at 11:20 a.m. ET on Nov. 4, where he will share recent company highlights.…

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TuesdayNov 02, 2021 11:42 am

NetworkNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) Announces Launch of Commercial Pilot Program for Citrus

Save Foods (NASDAQ: SVFD), an Israeli-based agrifood tech company focused on developing and selling eco-friendly products specifically designed to extend the shelf life and ensure the safety of fresh fruits and vegetables, today announced that it has commenced a commercial pilot program of its treatment for citrus fruits with a large Turkish packing house, HERA Meyve ve Sebze. According to the update, the commercial trial, which is scheduled to begin between Nov. 8-12, was designed to verify that the company’s products, when combined with permitted pesticides, mitigate undesirable pathogens and, most importantly, reduce the presence of the pesticides’ hazardous residues…

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TuesdayNov 02, 2021 11:15 am

NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE), Mullen Automotive Showing Commitment ‘To Be Part of the Rising Electric Era of EVs’

Mullen Automotive Inc., an emerging electric vehicle (“EV”) manufacturer, which previously announced a definitive stock-for-stock reverse merger agreement with Net Element (NASDAQ: NETE) in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company, today announced that Mullen Automotive has begun its plans to expand on its 100-acre site in Robinsonville, Mississippi. Located in Tunica County, Robinsonville is approximately 40 miles south of Memphis, Tennessee. Mullen’s Advanced Manufacturing and Engineering Facility (“AMEC”) currently occupies 124,000 square feet of manufacturing space. With over 100 acres of total available land on the property, Mullen is moving ahead…

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TuesdayNov 02, 2021 11:04 am

NetworkNewsBreaks – Tryp Therapeutics Inc. (CSE: TRYP) (OTCQB: TRYPF) Submits IND Application to Evaluate Clinical Candidate in Phase 2a Trial in Fibromyalgia

Tryp Therapeutics (CSE: TRYP) (OTCQB: TRYPF), a pharmaceutical company focused on developing psilocybin-based compounds for diseases with unmet medical needs, today announced that it has submitted an Investigational New Drug (“IND”) application to the U.S. Food and Drug Administration (“FDA”) to evaluate its clinical candidate, TRP-8802, in a phase 2a clinical trial. Conducted with Kevin Boehnke, Ph.D. from the University of Michigan, the trial seeks to investigate safety and preliminary effectiveness of psilocybin-assisted therapy among patients with fibromyalgia in collaboration with the University of Michigan and will evaluate the company's oral formulation of synthetic psilocybin, TRP-8802, in combination with psychotherapy.…

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TuesdayNov 02, 2021 10:32 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Schedules R&D Briefing to Release Breakthrough Research Findings

Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on progressing psychedelic therapeutics, will be hosting an in-person and virtual research and development briefing. Scheduled for Nov. 8, 2021, from 8:30–9:30 a.m. EST, the briefing is slated to include breakthrough preclinical, research findings that indicate advancements in the company’s focus on creating a promising approach for patients in need of effective and safe prescription therapies in the mental health space. Cybin CEO Doug Drysdale and other key members of the company’s senior scientific research team will be hosting the event, which will be held during the Wonderland Conference in Miami;…

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