Breaks Categories: News

TuesdayAug 31, 2021 12:01 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Inks Definitive Agreement to Acquire California Cannabis Licenses

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed a definitive agreement outlining the acquisition of three nonstorefront California cannabis licenses from the Department of Cannabis Regulation (“DCR”) in Los Angeles; the agreement also includes corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Both pieces combined will allow Sugarmade to license and operate three new vertically integrated Nug Avenue cannabis delivery hubs. According to the announcement, each of the three licenses can be used for up to three of the five categories of licensed cannabis-related business activities allowed under the…

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TuesdayAug 31, 2021 11:53 am

NetworkNewsBreaks – TransAct Technologies Inc. (NASDAQ: TACT) Secures $12.2M Through Underwritten Public Offering

TransAct Technologies (NASDAQ: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, has closed an underwritten public offering of 842,375 newly issued shares of its common stock, which includes 109,875 shares per the full exercise of the over-allotment option granted to the underwriters. TransAct secured gross proceeds of approximately $12.2 million, with each of the shares sold at a public offering price of $14.50. The company intends to use the net proceeds from the offering for working capital and other general corporate purposes, which may include funding the further development of TransAct’s food service technology business…

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TuesdayAug 31, 2021 11:22 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) to Host First-Ever Sequire EdTech Virtual Conference

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, today announced it will host the first-ever Sequire EdTech Conference, a one-day investor event featuring prominent virtual work and remote learning companies. The conference is slated to take place from 11:30 a.m. to 5:30 p.m. ET on Sept. 13, 2021. Amesite is the premium sponsor for the event that will feature many influential speakers in the space in addition to 10+ edtech companies. “Edtech has changed forever, and corporations have quickly changed the way they are training their…

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TuesdayAug 31, 2021 10:02 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Expands WebAR for Ecommerce Contract with Major Retailer

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, today announced the expansion of its partnership with Kohl’s Corporation (NYSE: KSS), one of the largest department store chains in the United States. The partnership began when Kohl’s identified Threedy.ai, now part of Nextech, and its WebAR for Ecommerce solutions as the most attractive option to introduce augmented reality and 3D models into its customer experience. Extensive product testing that began with Kohl’s Innovation Center validated Threedy's return on investment. According to the update, Kohl’s, in collaboration with Nextech,…

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TuesdayAug 31, 2021 9:58 am

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Q2 2021 Financials, Business Highlights

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has reported its second quarter 2021 financials. The report includes the news that adjusted sales for the first six months reached $58.5 million, with revenue for Q2 2021 topping $13.3 million compared to $11.8 million in Q1 2021, an increase of 13%. The company’s gross margin for the period was $9.5 million. The company also noted that it was able to reduce its short-term obligations through repayment of approximately $18 million of debt and restructuring of more than $20 million into long-term debt.…

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TuesdayAug 31, 2021 9:43 am

NetworkNewsBreaks – Friendable Inc. (FDBL) Unveils Artist Pro Services Addition to Fan Pass Platform

Friendable (OTC: FDBL), a mobile technology and marketing company, has added a new suite of monthly service options to its Fan Pass livestream artist platform. The new options are designed for independent artists who are looking for next-level advantage in analytics, exposure, merchandise sales and overall streaming revenue. According to the company,  the new offerings, which are available for a monthly fee, will support artist in elevating their visibility and providing fan offers to increase streaming revenues, merchandise sales and fan subscriber revenue. The company is testing the suite with new artists who are signing up. “As we are onboarding…

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MondayAug 30, 2021 3:06 pm

NetworkNewsBreaks – RYAH Group Inc. (CSE: RYAH) Featured in Visual Capitalist Spotlight

RYAH Group (CSE: RYAH), a connected device and big data and technology company focused on valuable predictive analysis in the global medical plant and nutraceutical intake industry, was recently featured in a company spotlight on the Visual Capitalist. The piece highlights RYAH’s work to leverage data for powerful health solutions and references several drivers behind the company’s success. Among these, the report describes RYAH’s multiple internet-of-things (“IoT”) devices that have produced data for the world’s largest clinical trials in plant-based medicine. In addition, the piece describes the company’s proprietary technology, capacity for custom solutions, its long-term business model, and its positioning…

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MondayAug 30, 2021 2:50 pm

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Announces Q1 2022 Results

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) has announced its interim unaudited condensed consolidated financial results for the three months ended June 30, 2021. All amounts are reported in Canadian dollars unless otherwise specified. Among the highlights, the company generated $4,089,705 in gross revenue, an increase of $3,956,815 from the gross revenue generated in Q1 2021, as well as achieved a 28% gross margin compared to 23% in Q4 2021. “PlantX continues to invest its efforts and resources strategically to grow and meet the demand for our plant-based products,” said PlantX Founder Sean Dollinger. “It is encouraging to see the…

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MondayAug 30, 2021 2:29 pm

NetworkNewsBreaks – Imagin Medical Inc. (CSE: IME) (OTCQB: IMEXF) Closes on $3M Convertible Note Led by Rapha Capital

Imagin Medical (CSE: IME) (OTCQB: IMEXF), a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive procedures, has announced that Rapha Capital BioVentures Fund I, LP (“RCBVFI”) led and closed on a new convertible note offering totaling $3 million. The note, which was funded in three tranches, will support the clinical development of Imagin Medical’s flagship product: the i/Blue(TM) Imaging System. In addition, RCBVFI manager and leading urooncologist Dr. Kevin Slawin, MD, was appointed to Imagin’s board of directors, and Imagin also announced an updated website that features the company’s new logo and reflects the company’s…

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MondayAug 30, 2021 2:09 pm

NetworkNewsBreaks – Save Foods Inc. (NASDAQ: SVFD) Announces Appointment of Dariela Farcas as PR & IR Director

Save Foods (NASDAQ: SVFD), an agri-food-tech company focused on developing and selling eco-friendly products specifically designed to extend shelf life and ensure food safety of fresh fruits and vegetables, today announced the appointment of Dariela Farcas as director of Public Relations and Investor Relations. In this role, Dariela will be responsible for leading the company’s investor and public relations programs, as well as providing the investment community and other stakeholders with an accurate presentation of Save Foods’ products, growth strategy, business performance and market outlook. “I am so pleased that Dariela has agreed to join our team as director of…

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