Breaks Categories: News

ThursdayMay 20, 2021 12:08 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Enters Strategic Partnership with Grocery Supply Warehouse

Kaival Brands (OTCQB: KAVL) today announced its entry into a customer agreement with Grocery Supply Warehouse (“GSW”), a master distributor representing dozens of wholesalers with a combined network of over 26,000 grocery and convenience stores. Kaival Brands is the exclusive global distributor of products manufactured by Bidi Vapor LLC, including the BIDI (R) Stick, which is intended exclusively for adults 21 and over. Under the agreement, GSW has placed purchased orders in an aggregate amount of $22.4 million with Kaival Brands to distribute Bidi Vapor products throughout its network to certain wholesale and retail store customers. “The partnership with GSW represents…

Continue Reading

ThursdayMay 20, 2021 11:47 am

NetworkNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Proprietary Covid-ID Lab to Launch in Germany

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT), a bioscience accelerator at the leading-edge of the life science industry, announced that Marx Pharma GmbH, the company’s distribution, storage and logistics partner, is launching Covid-ID Lab, XPhyto’s 25-minute SARS-CoV-2 (COVID-19) RT-PCR test system in Germany; the product will launch on May 25. The announcement noted that the proprietary Covid-ID Lab will be priced within the range of commonly available COVID-19 PCR test products already on the market and that initial manufacturing capacity has been determined; additional manufacturing capacity is also available if needed. XPhyto’s Covid-ID Lab requires only a 20-minute PCR run…

Continue Reading

ThursdayMay 20, 2021 11:28 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Regarding Potential Acquisition, Joint Venture with Canadian Partner

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today issued an update to its March 1, 2021, announcement that it had been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions evolved to include development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream throughout Canada. A March 8 announcement indicated that the Canadian partner noticed a special…

Continue Reading

ThursdayMay 20, 2021 10:48 am

NetworkNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Announces Timing of Corporate Name Change, Share Consolidation

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF) today announced that, pursuant to the shareholder approval obtained at its annual and special meeting (“AGM”) held on May 10, 2021, the company is enacting the consolidation of its common shares on the basis of one (1) post-consolidation common share for every twenty-three (23) pre-consolidation common shares (the "consolidation"), as well as the change of its name from “Golden Leaf Holdings Ltd.” to “Chalice Brands Ltd.” (the “name change”). According to the update, the consolidation and name change will take effect on Tuesday, May 25, 2021, and the company's common shares will also…

Continue Reading

ThursdayMay 20, 2021 10:23 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29) to Host LiveX Showcase Event Featuring Guest Speaker Gary Vee

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29), has unveiled its newest innovation. Nextech AR LiveX, the company’s digital experience platform is designed to deliver great customer experiences at scale with the power of augmented reality (“AR”). The offering is an open, extensible platform that provides for AR experiences, e-commerce, advertising and products. In the announcement, the company noted that LiveX offered a wide array of AR capabilities, including the general availability of AR live-streaming hologram, real-time customer data analytics and innovative ways to customize digital and hybrid experiences; the company also noted that it plans on…

Continue Reading

ThursdayMay 20, 2021 10:17 am

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Enters Agreement with Leading Mexican Academic Research Institution to Advance ECS Research

Green Hygienics Holdings (OTCQB: GRYN), an innovative, technology-driven enterprise focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids, announced that it partnered with Cinvestav, the Center for Research and Advanced Studies of the National Polytechnic Institute (Centro de Investigación y de Estudios Avanzados del Instituto Politécnico Nacional). The scientific research collaboration agreement is aimed at advancing R&D efforts through the characterization and development of cannabinoid-based products targeting endocannabinoid system (“ECS”) deficiencies in both animals and humans. Cinvestav is a leading Mexican multidisciplinary scientific research institution, ranking fourth among research centers in Latin…

Continue Reading

ThursdayMay 20, 2021 10:05 am

NetworkNewsBreaks – TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) Product Packaging, Price Creates Competitive Advantages in UK Market

TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP), is entering into the United Kingdom, as the company announced that it has developed pack designs for its initial shipment to its first UK purchase order, placed by a wholesaler in London, who will be the exclusive distributor of TAAT(TM) in the UK and Ireland. The company noted that the pack designs for its Original, Smooth and Menthol offerings retail offerings will visually stand out when appearing next to tobacco cigarettes, which by law, can only be sold in uniform, “plain packaging” style that include a designated dark-brown principal color, a…

Continue Reading

ThursdayMay 20, 2021 9:56 am

NetworkNewsBreaks – Presidio Property Trust (NASDAQ: SQFT) Reports Q1 2021 Results, Company Status

Presidio Property Trust (NASDAQ: SQFT), an internally managed REIT that has a diversified portfolio of commercial and industrial properties and model homes, has released its first quarter 2021 financial and business report. Included in the report is the note that Presidio achieved an average rental collection rate of 96% during the first-quarter period, a figure that the company attributes to the diversified nature of its property portfolio. The company also reported that revenue for the quarter was $5.7 million, a 19% decrease of approximately $1.3 million from Q1 2020, which reflects the sale of four properties. Based on what the…

Continue Reading

WednesdayMay 19, 2021 2:20 pm

NetworkNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Closes Acquisition of Oregon-Based Retail Store Chain

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), operating as Chalice Brands, a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced the signing of a definitive agreement today, May 19, and concurrent closing of the purchase of 100% ownership in SMS Ventures, LLC, dba Homegrown Oregon, a chain of five retail dispensaries located in Portland, Salem and Albany, Oregon. “Management is excited to combine with Homegrown and fully expects to continue its migration to better valuations for shareholders as we continue to execute our acquisition strategy. As part of our West Coast-focused growth strategy, we…

Continue Reading

WednesdayMay 19, 2021 2:09 pm

NetworkNewsBreaks – TFF Pharmaceuticals Inc. (NASDAQ: TFFP) Closes $40M Follow-On Offering

TFF Pharmaceuticals (NASDAQ: TFFP), a clinical-stage biopharmaceutical company focused on developing and commercializing innovative drug products based on its patented Thin Film Freezing (“TFF”) technology platform, announced that it has closed on its recent underwritten offering. The offering comprised 2,855,000 shares of TFFP common stock sold at the offering price of $14 per share. The announcement noted that 2,140,000 shares were sold by TFF Pharmaceuticals and 715,000 shares were sold by Lung Therapeutics Inc., a privately held company. The public offering resulted in approximately $40 million gross proceeds for TFF Pharmaceuticals. The company noted that it anticipated using its portion…

Continue Reading