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TuesdaySep 01, 2020 11:20 am

NetworkNewsBreaks – Cannabis Global Inc. (CBGL) Acquires Stake in Licensed California Cannabis Manufacturing, Distributing Operation

Cannabis Global (OTC: CBGL), a cannabinoid and hemp-extract, science-forward company developing infusion and delivery technologies, has acquired a stake in Natural Plant Extract of California Inc. (“NPE”). The strategic move places CBGL in a prime position in the multibillion-dollar California cannabis space. The agreement, which closed Aug. 31, 2020, outlined Cannabis Global’s acquisition of 18.8% of NPE’s outstanding capital stock for $2 million. NPE operates a licensed cannabis manufacturing and distribution business operation out of Lynwood, California, and owns a Type 7 California Manufacturing License as well as a California Distribution license. "This is a significant agreement for Cannabis Global,…

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TuesdaySep 01, 2020 10:52 am

NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) Announces ‘Extraordinary Resolution,’ Amendments to Debenture Terms

The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF), a Canadian cannabis company committed to identifying new opportunities to grow and strengthen its impressive portfolio, has obtained approval from debentureholders to partially convert and amend debentures. The company announced that holders of its outstanding 6% senior unsecured convertible debentures have approved an “extraordinary resolution” outlining amendments to the terms of the debentures, which were issued in October 2018. In part, those amendments include a reduction of the total principal amount of debentures outstanding from $100 million to $36.5 million; an extension of the maturity date of the debentures from October 19, 2021, to the date that…

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TuesdaySep 01, 2020 10:14 am

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Study Reveals Consumer Behaviors Amid Pandemic

SRAX’s (NASDAQ: SRAX) BIGtoken, a permission-first consumer data-management platform, released a new consumer research report comparing its users’ TV and movie-consumption behaviors one month versus four months into the global pandemic. According to the update, BIGtoken surveyed its U.S. user base in April and again in August to compare results and understand how the pandemic has impacted TV and movie consumption. Among the results, which can be downloaded in the full report at http://nnw.fm/vx2Jd, 46% of BIGtoken’s survey respondents indicated that they were video streaming more in August 2020 than they were four months prior. In addition, the study revealed that…

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TuesdaySep 01, 2020 9:55 am

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Conducting Non-Brokered Private Placement

Pac Roots Cannabis (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, has announced a private placement of units, the proceeds of which are intended to be used for upcoming projects and general working capital. According to the announcement, released by Pac Roots CEO Patrick Elliott, the placement of units will be at a price of C$0.25 per unit for gross proceeds totaling up to $2 million, subject to an overallotment option. The offering is up to 8 million units, with each unit consisting of one share and one warrant exercisable…

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MondayAug 31, 2020 12:12 pm

NetworkNewsBreaks – LD Micro’s Chris Lahiji Issues ‘All Systems Go’ Update

LD Micro’s Managing Director Chris Lahiji on Sunday issued final commentary surrounding the next seven days he describes as the most critical time in the company’s history and provided an “All Systems Go” update for the upcoming virtual investor conference – The LD Micro 500. The letter reflects on the tremendous work over the last several weeks to prepare for the event, as well as nostalgia on Lahiji’s beginnings, going to the floor of the New York Stock Exchange in 2003 at 19 years old, to LD Micro’s present-day accomplishments and the “500” as a cumulation of Lahiji’s career efforts.…

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MondayAug 31, 2020 11:40 am

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Announces Healthy Crop, Bullish Production Outlook for 100-Acre Hemp JV

Pac Roots Cannabis Corp. (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products by leveraging a genetics-focused approach, today provided an update on the 100-acre commercial hemp operation in British Columbia. After receipt of the hemp cultivation license from Health Canada on May 22, 2020, the Pac Roots and Rock Creek Farms 100-acre premium-hemp joint venture (“JV”) commenced. According to the update, the operations team spent several weeks working the fields and installing irrigation systems before beginning planting in mid June. There are currently approximately 130,000 premium-hemp CBD plants in the ground across two 50-acre parcels.…

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MondayAug 31, 2020 10:50 am

NetworkNewsBreaks – Vstock Transfer to Serve as Silver Sponsor for The LD 500

Vstock Transfer, a leading transfer agent and registrar firm that services private issuers, IPOs and Regulation A transactions, today announced its participation as a Silver sponsor of The LD 500 virtual institutional investor conference, slated to take place Sept. 1-4, 2020. “LD Micro has done it again. They recognize that the small-cap industry looks forward to this event each year. With over 350 companies and more than 20,000 attendees, we are eager to experience the new virtual format of the event,” said Seth Farbman, chairman of Vstock Transfer, in the press release. “We hope to meet and learn about new…

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MondayAug 31, 2020 10:28 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Announces Strategic Partnership to Provide Innovative Cellular Solutions for Enterprise Customers

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF), today announced its entry into an agreement with Insight Enterprises Inc. (NASDAQ: NSIT), a Fortune 500 U.S. company offering innovative solutions to support the modern workforce, for distribution of Siyata’s cellular booster line of business. “We are very pleased to partner with Insight to enter new U.S. customers as part of our objective to become a leading global vendor of innovative cellular devices for enterprise customers,” said Marc Seelenfreund, CEO of Siyata Mobile, in the press release. “We are aligned with Insight and their commitment to seamlessly connect people wherever and whenever they work…

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MondayAug 31, 2020 10:00 am

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) Announces Q2 2020 Financial Results

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, on Friday announced its second quarter financial results for the six months ended June 30, 2020. "We are excited that Exro has been able to add three new high quality partnerships over the last four months with Clean Seed Capital Group Ltd. (TSX.V: CSX) (‘Clean Seed’), Zero Motorcycles (‘Zero’) and SEA Electric Pty Ltd. (‘SEA Electric’)," said Exro CEO Sue Ozdemir in the press release. "On the commercialization front, our engineering team delivered the customized driver to Potencia at…

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FridayAug 28, 2020 12:57 pm

NetworkNewsBreaks – Exciting Opportunity for Clinical Quality Professionals Coming in Fall 2020

Clinical Document World promises to be the year’s learning and networking event for life science professionals. The virtual event, produced by Lincoln Health Network and slated to take place from Sept. 15-18, 2020, is designed to enhance attendees’ clinical trial document process in order to have a complete Trial Master File (“TMF”) as well as enable their businesses to improve clinical quality, implement new technology and be inspection ready. Clinical Document World offers over 45 educational sessions that cover all aspects of clinical document management, including regulatory guidance, compliance, quality, and technology. Ideal attendees are life science professionals from pharmaceutical,…

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