Breaks Categories: News

MondayJul 11, 2022 11:23 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Names Former Amazon, Boeing Exec as CFO

Flora Growth’s (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has announced a new chief financial officer. Former Amazon and Boeing official Elshad Garayev has accepted the new position and will be joining the FLTC team on the business day following the date on which the company files its mid-year financial results with the Securities and Exchange Commission. Garayev has more than two decades of financial leadership experience, and has worked at Amazon, Boeing, BP and RPK Capital. In his new role, he will focus on FLGTC growth initiatives as well as financial…

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FridayJul 08, 2022 12:54 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Secures New Contract with Storage Facility in Napa Valley

Knightscope (NASDAQ: KSCP), a developer of advanced physical security technologies focused on enhancing U.S. security operations, announced its entry into a new agreement with a storage facility in Napa, California. The announcement reads, “The use of storage facilities has increased 65% over the past 15 years. While such facilities are generally safe, they often experience break-ins leaving personal possessions and commercially stored items at risk. Knightscope’s K5 Autonomous Security Robot (‘ASR’) will patrol the storage facility to further enhance the protection offered to tenants that choose to store their belongings with them. Prospective renters are encouraged to do their due…

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FridayJul 08, 2022 10:59 am

NetworkNewsBreaks – Aditxt Inc. (NASDAQ: ADTX) Moves One Step Closer to In-Human Trials with Completion of Preclinical Toxicity Study

Aditxt Inc. (NASDAQ: ADTX), a biotech innovation company developing and commercializing technologies focused on monitoring and reprogramming the immune system, has successfully completed a toxicology study evaluating Adimune(TM), its proprietary therapeutic program. The study indicates the safety profile of ADI(TM)-100, ADTX’s immunotherapeutic technology drug, which is designed to treat the rejection of transplanted organs, skin allografting, autoimmune diseases and allergies. Calling the study results “promising,” the company noted that those results will provide vital supporting evidence when Aditxt moves forward with an investigational new drug (“IND”) application with the regulatory agencies. According to the announcement, ADI-100 is made of two DNA…

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FridayJul 08, 2022 10:49 am

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Issues June 2022 Bitcoin Production, Mining Operation Updates

Marathon Digital Holdings (NASDAQ: MARA), a leader in supporting and securing the bitcoin ecosystem, has published unaudited bitcoin (“BTC”) production and miner installation updates for June 2022. Among the highlights, the company reportedly produced 707 BTC in Q2 2022, up 8% year-over-year from Q2 2021, and now holds 10,055 BTC directly. “In the second quarter, we continued to work through several operational obstacles as we progressed with installing miners in Texas in preparation of energization,” said Fred Thiel, Marathon’s chairman and CEO. “In April and May, our bitcoin production was impacted by ongoing maintenance issues at the power generating facility…

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ThursdayJul 07, 2022 11:39 am

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues June 2022 Production Update

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today announced production figures from the company’s global Bitcoin and Ethereum mining operations for the month of June 2022, with a BTC HODL balance of 3,239 Bitcoin and 7,667 Ethereum as of July 6, 2022. “HIVE is experienced in managing the recent volatility since we were the first digital asset mining company to go public in 2017 and have experienced both price surges and massive downdrafts or ‘crypto winters’ before and have strived to maintain a strong balance sheet of Bitcoin and Ethereum, which is completely unlevered. The company maintains its…

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ThursdayJul 07, 2022 11:17 am

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Announces Global Expansion of DehydraTECH Licensee

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, today announced that its DehydraTECH licensee Boldt Runners Corporation, owners of the Cannadips brand, has expanded manufacturing agreements to include Europe, Japan and South Africa. “We are delighted with the expansion of the Cannadips brand outside of the USA,” said Chris Bunka, CEO of Lexaria Bioscience Corp. “We continue to work with the Cannadips team on the infusion of exciting new formulations to meet the needs of adult consumers’ changing preferences and will endeavor to always remain one step ahead of the competition.” To view the full press…

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ThursdayJul 07, 2022 10:56 am

NetworkNewsBreaks – SPYR Inc. (SPYR) Partners with Polte Corporation to Enhance GeoTraq Models

SPYR (OTCQB: SPYR), dba SPYR Technologies, a diversified technology company developing products and leveraging the Internet of Things (“Iot”) for consumer use and large-scale applications and industries, has announced plans to collaborate with Polte Corporation to use Polte location technologies in two new GeoTraq NB-IoT/LTE-M modules: the Tracker-Module GT-TM100 and Sensor-Module GT-SM100. SPYR recently acquired GeoTraq, a mobile IoT module manufacturer and connectivity provider, and Polte is a leader in advanced Cloud Location over Cellular (“C-LoC”) technology. Using Polte’s proprietary location technology leverages globally available mobile IoT (NB-IoT and LTE-M) networks, thereby eliminating the need for GPS/GNSS radios. Polte’s tech also provides…

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ThursdayJul 07, 2022 10:38 am

NetworkNewsBreaks – Iconic Brands Inc. (ICNB) Announces Name Change, New Interim CEO

Iconic Brands (OTCQB: ICNB), a leader in the development, design and delivery of alcohol and nonalcohol beverages, is changing its name and stock ticker symbol, subject to stockholder and FINRA approval. The company announced that it plans to change its name to TopPop Innovative Brands Inc. and change its existing stock ticker symbol from ICNB to TPOP. In addition, the company named Tom Martin, founder and CEO of TopPop LLC, as interim CEO; Martin has four decades of experience in the packaging industry. Iconic Brands acquired TopPop, now a wholly owned subsidiary, in July 2021. According to the announcement, these…

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WednesdayJul 06, 2022 2:28 pm

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Execution of LOI for DLC Acquisition

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, has executed a binding letter of intention (“LOI”) with Diagnostic Lab Corporation (“DLC”). The letter, which was entered into on June 30, 2022, calls for the two companies to jointly recapitalize Grapefruit and raise $12.5 million of debt financing, which includes $5.5 million already committed from a qualified construction. DLC is a diversified food and agriculture safety company. The funding will be used to complete construction of a cultivation, manufacturing and distribution facility; acquire DLC assets; apply for an FDA 510K approval for GPFT’s patented Hourglass(TM) time release Z-POD THC/CBD/cannabinoid infused…

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WednesdayJul 06, 2022 1:09 pm

NetworkNewsBreaks – Cerberus Cyber Sentinel Corporation (NASDAQ: CISO) Adds CyberViking as next Step to Expand International Reach

Cerberus Sentinel (NASDAQ: CISO), a cybersecurity consulting and managed services firm based in Scottsdale, Arizona, today announced that it has completed the acquisition of CyberViking, a cybersecurity company based in Georgia and Oregon. According to the update, CyberViking became a wholly owned subsidiary of Cerberus Sentinel upon closing of the transaction. “With the addition of CyberViking, we take a next step in expanding our international reach as well as broadening our expertise for our cybersecurity health care and industrial controls systems customers,” said David Jemmett, founder and CEO of Cerberus Sentinel. “Carric is an innovative thinker who is well respected…

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