Breaks Categories: News

MondayMay 02, 2022 1:46 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Shares Corporate Update through Shareholder Letter

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, has released a shareholder letter from CEO Jimmy Chan. In the letter, Chan noted short-term turbulence in the market but reaffirmed the company’s belief that the long-term outlook for the industry is bright, particularly for California producers and distributors. The letter notes that the company is eyeing strategic opportunities created by marketplace inefficiencies and uncertainties, including an uncertain regulatory environment, high taxes, unlicensed cultivators entering the market and a drop in prices of cultivated cannabis products. In the letter, Chan observed that Sugarmade believes these marketplace changes create an…

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MondayMay 02, 2022 1:34 pm

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Announced Conference Call to Discuss Q1 2022 Results

Lottery.com (NASDAQ: LTRY), a leading technology company that is transforming how, where and when the lottery is played, has scheduled a conference call and webcast on May 16, 2022, at 8:30 a.m. ET. During the call, company officials will discuss results of its first quarter 2022, for the period ending March 31, 2022. The company will release its first-quarter results prior to the conference call. Those interested in participating on the call can dial 877-313-2495 inside the United States or 929-517-0906 if calling from internationally; callers should use the conference code 9189693. Callers are encouraged to dial in at least…

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MondayMay 02, 2022 1:11 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Partners with Tekkfund Capital, Issues Shares for Services

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a life-sciences holding company dedicated to building a portfolio of assets and biotech solutions, has entered into an agreement with Tekkfund Capital Corp. According to the contract, Tekkfund will help structure and assist with FSD Pharma business development strategies. In return, FSD Pharma has agreed to pay a C$12,500 monthly fee as well as issue 7,000 Class B subordinate voting shares every month to Tekkfund for the duration of the agreement, which is for 24 months initially but allows for an extension. According to the announcement, those shares will be subject to…

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MondayMay 02, 2022 11:31 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Announces ‘Milestone’ Filing of Loan Application for Mullen ONE EV Cargo Van Program

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed an ATVM loan application with the U.S. Department of Energy (“DOE”). The loan is for the company’s ONE EV Cargo Van Program. According to the announcement, the application was filed on April 29, 2022, after the company submitted the prequalification requirement and then was invited to submit the formal application. One of the first electric commercial vehicle offerings, Mullen’s ONE EV is designed to be a Class 1 light commercial cargo van rated under 6,000 pounds GVRW. The Energy Independence and Security Act of 2007 authorized the ATVM…

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FridayApr 29, 2022 3:02 pm

NetworkNewsBreaks – Aimfinity Investment Corp. I (NASDAQ: AIMAU) Prices IPO at $10 per Unit

Aimfinity Investment Corp. I (NASDAQ: AIMAU) announced pricing for its initial public offering (“IPO”). The IPO consists of 7 million units, with each unit priced at $10; gross proceeds from the offering could reach an estimated $7 million. The units were listed on the NASDAQ market on April 26, 2022, under the symbol AIMAU. According to the company, each unit available through the IPO includes one class A ordinary share, one class 1 redeemable warrant and one-half of one class 2 redeemable warrant; the announcement also noted that each whole warrant is exercisable to purchase one Class A ordinary share…

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FridayApr 29, 2022 1:26 pm

NetworkNewsBreaks – American Cannabis Partners Leveraging Focus on Key Business Segments to Capture Opportunity

American Cannabis Partners (“ACP”), a sustainable Jamaican experience canna-business innovator, currently operates in Michigan and California and is also in the process of exploring land acquisition and project development strategies for expanding operations to two more states this year. “With a total of 12 cannabis licenses, including 560,000 square feet of cultivation licenses in California and Michigan and one retail license in Michigan, ACP is committed to becoming a leader in the U.S. cannabis industry,” reads a recent article discussing the company. “ACP is focused on multiple business segments: real estate, acquisition and development of proprietary assets, and ongoing cultivation…

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FridayApr 29, 2022 1:16 pm

NetworkNewsBreaks – Vantage Hemp Company Announces Submission of DMF, Reinforces Commitment to Deliver Superior API Quality

Vantage Hemp has submitted a Drug Master File (“DMF”) to the U.S. Food & Drug Administration (“FDA”) covering its hemp-derived cannabidiol (“CBD”) distillate. According to the announcement, the submission further reinforces Vantage as a transparent, reliable and compliant partner, committed to working with pharmaceutical companies to formulate its CBD active pharmaceutical ingredient (“API”). The filing, which also strengthens Vantage’s position as an industry leader, represents the company’s commitment to support its clients through all phases of drug development. The company also noted that it anticipates filing future DMF submissions as it works to deliver superior API quality. “Our distillate DMF…

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FridayApr 29, 2022 11:12 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Schedules Release of Q1 2022 Financial Report, Conference Call

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, announced that it anticipates releasing its 2022 first-quarter financial results on May 11, 2022; the company will also provide a business update at that time. The information will be released after market close. In addition, Cepton announced that it will hold a conference call and webcast that same day at 5 p.m. ET. Those interested in participating on the call can dial 844-826-3035 or watch the webcast live. Those unable to participate in the live event can listen to a reply of the…

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FridayApr 29, 2022 10:57 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) to Participate in Luxury Meets Cannabis Conference

Flora Growth’s (NASDAQ: FLGC) executives Luis Merchan and James Choe are scheduled to participate at the upcoming Luxury Meets Cannabis Conference. The two-day event is scheduled for May 5–6, 2022, in New York City. The premier B2B CBD, hemp and cannabis event — the first of its kind — is an ideal venue to shine a spotlight on FLGC’s impressive line of lifestyle products and brands. The conference is designed to bring together premium CBD, hemp and cannabis brands and their founders with representatives from top mainstream retailers, global media, leading dispensaries and investors. Flora Growth is a leading all-outdoor cannabis cultivator…

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FridayApr 29, 2022 10:44 am

NetworkNewsBreaks – Arogo Capital Acquisition Corporation (NASDAQ: AOGOU) Enters Agreement with AR/VR, Knowledge Metaverse Company

Arogo Capital Acquisition (NASDAQ: AOGOU), a special purpose acquisition corporation (“SPAC”), has entered into a definitive business combination agreement with EON Reality Inc. With its two decades of experience, EON has built a reputation for being a leader in virtual and augmented reality (“ARVR”) along with knowledge Metaverse industry and education solutions. According to the agreement, the two companies will combine to become a public company named EON Reality Inc., which will be listed on the Nasdaq market exchange. The announcement noted that EON Reality chair and CEO Dan Lejerskar will maintain his position as head of the combined company.…

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