Breaks Categories: News

ThursdayMar 17, 2022 11:41 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces New Board Appointments

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has made two significant changes to its board. The company named FLGC CEO Luis Merchan as board chair and announced that former Amazon executive Tim Leslie, who is currently serving as chair of Flora Growth’s advisory board, will join the company’s board of directors and audit committee. The company noted that the changes to the board indicate FLGC’s move toward becoming a U.S.-based issuer; the new appointments also support the company’s growth into new international markets. Merchan is replacing Bernie Wilson as board chair;…

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ThursdayMar 17, 2022 11:10 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Makes Changes in Management

InMed Pharmaceuticals (NASDAQ: INM), a leader in the research, development, manufacturing and commercialization of rare cannabinoids, has announced changes in company leadership. According to the announcement, InMed chief financial officer Bruce Colwill is retiring, effective March 31, 2022; Colwill will serve as an advisor to the company through June 30, 2022, to ensure a smooth transition. The company has appointed Brenda Edwards as interim CFO while the company searches for a full-time replacement. Edwards has garnered more than 35 years experience to her new position, including more than two decades of experience as a chief financial officer; she has served…

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ThursdayMar 17, 2022 10:41 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Featured in Yahoo Finance Live Segment

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has been featured on Yahoo Finance Live, the world’s biggest business news platform. According to the announcement, an estimated 100 million unique visitors make the site the top in the country. The feature segment provided an overview of the company’s development of solid-state battery technology and also discussed MULN’s impressive performance in a recent EV market study as well as positive press on CarBuzz. The article also noted Mullen’s domestic presence as a top reason for its uptick in stock performance. Yahoo Finance provides free stock quotes, up-to-date news, portfolio…

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WednesdayMar 16, 2022 2:17 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Deploys K5 Security Robot for Southern California-Based Client

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its deployment of a Knightscope K5 Autonomous Security Robot (‘ASR’) to patrol a 970,000-square-foot distribution center of an S&P 500 company on 19.5 acres in San Bernardino County, California. The announcement reads, “The K5 is protecting employee parking to deter & detect criminal activity, reduce costs and enhance the overall security posture of the facility. This U.S.-based industrial client was founded in the 1840s and currently has over 53,000 employees in 60 countries, and Knightscope is excited to prove itself valuable in making…

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WednesdayMar 16, 2022 12:24 pm

NetworkNewsBreaks – SPYR Inc. (SPYR) Featured in Emerging Markets Interview

SPYR (OTCQB: SPYR), dba SPYR Technologies, a technology company and its subsidiary, Applied Magix Inc., caught the interest of “The Emerging Markets Report,” which conducted an interview with Applied Magix’s founder and CEO Dr. Harald Zink. The interview was a follow-up  to an introductory article “The Emerging Markets Report” had done previously on SPRY and Applied Magix, which operates in the IoT market and develops and resells Apple(R) ecosystem-compatible products with an emphasis on the growing multibillion-dollar smart-home market. The press release noted that Applied Magix has a potentially market disruptive business model that leverages the power and elegance of Apple’s popular…

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WednesdayMar 16, 2022 12:13 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Announces Same-Day Grocery Delivery in Parts of Ontario

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) has launched same-day grocery delivery for across Ottawa and Toronto, both in Ontario. This new service is indicative of the company's commitment to strengthening its e-commerce capabilities by leveraging PlantX's physical retail stores in the area. The company anticipates same-day delivery being a key component of its goal to better service online customers across Ontario. The company noted that distribution for the same-day delivery will be provided through third-party delivery apps. The new service is part of PlantX Life’s strategic plan to augment the e-commerce impact of its retail stores in Ontario. The company feels that…

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WednesdayMar 16, 2022 12:05 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Exploring Potential Move into Omakase Sushi and Cannabis Venture Space

Sugarmade (OTC: SGMD), an emerging company in the licensed cannabis sector, today announced that it is exploring a possible joint venture with a well-established business to create access to the Los Angeles reservation-only omakase sushi restaurant marketplace. According to the update, the joint venture may include an on-site cannabis event area and cannabis delivery services hub. “We believe this presents a tremendous opportunity for Sugarmade to break into a new market that aligns well with our established expertise and infrastructure,” said Jimmy Chan, CEO of Sugarmade. “On-site cannabis consumption is still extremely rare at dining establishments in LA. The omakase…

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WednesdayMar 16, 2022 11:31 am

NetworkNewsBreaks – Delic Holdings Corp.’s (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) Subsidiary Expands Footprint with Opening of Reno Clinic

Delic Holdings’ (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) subsidiary, Ketamine Wellness Centers (“KWC”), the largest ketamine therapy provider in the U.S., has expanded its presence within the state of Nevada with the opening of its Reno location. According to the announcement, KWC Reno is the second of the company's clinics to open in Nevada within the last 18 months, bringing the total number of KWC clinics to 13 across nine states. The 2,200-square-foot treatment facility will serve local patients while also opening its doors to patients in larger California markets who do not have access to affordable in-state providers. “With…

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WednesdayMar 16, 2022 11:24 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Announces Participation in Upcoming Maxim Group Virtual Growth Conference

Cybin (NEO: CYBN) (NYSE American: CYBN), a biopharmaceutical company focused on progressing Psychedelics to Therapeutics(TM) is planning to participate in the 2022 Virtual Growth Conference. The conference is slated for March 28–30, 2022, from 9 a.m. to 5 p.m. ET. Cybin CEO Doug Drysdale will present at the premier event, which is presented by Maxim Group LLC and hosted by M-Vest. Drysdale’s presentation will be available on demand at 9 a.m. ET on Monday, March 28. An archived version of Drysdale’s webcast will be available on the Company’s investor relations website. To view Drysdale’s presentation, visit https://nnw.fm/HONKA To view the full press…

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WednesdayMar 16, 2022 10:26 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Releases 2021 Financial, Corporate Report

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has released its financial results and corporate update for the year ended Dec. 31, 2021. Highlights of the report include the company’s net income of $1.5 million for 2021 along with a strong balance sheet showing $143.2 million in working capital, including $113 million of cash and marketable securities, $30.8 million in inventory and no short-term or long-term debt. According to the announcement, the company’s Dec. 31, 2021, product inventory would be valued at more than $60 million based on current commodity prices. The report noted that prices for all commodities produced…

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