Breaks Categories: News

MondayMay 17, 2021 1:01 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Completes Lemon Glow Acquisition

Sugarmade (OTC: SGMD), a product and branding marketing company investing in operations and technologies with disruptive potential, announced that it has closed on its previously announced acquisition of Lemon Glow Company Inc., including all of the company’s assets, interests, property and rights, The acquisition includes 640 acres in Lake County, California, outside of the Commercial Cannabis Cultivation Exclusion Zones; a portion of that property has already been designated for outdoor cannabis cultivation. The announcement noted that the estimated annual potential cultivation yield from the property is approximately 4,000 pounds of dry trimmed cannabis flower per acre per year, which translates…

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MondayMay 17, 2021 12:53 pm

NetworkNewsBreaks – Clean Power Capital Corp. (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF) Announces Subsidiary’s Participation in California’s LCFS Program

Clean Power Capital (CSE: MOVE) (FWB: 2K6) (OTC: MOTNF), an investment company, has provided an update on its plans for PowerTap, the company’s wholly owned subsidiary, to participate in the California Low Carbon Fuel Standard (“LCFS”) Carbon Credit program. The program offers PowerTap an opportunity to derive revenue prior to dispensing hydrogen fuel from its units; the revenue will be generated through the sale of earned LCFS credits on the emission trading markets. In order to be eligible to earn LCFS credits, PowerTap will install its fueling units and make them accessible to the public. A third-party analysis of the…

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MondayMay 17, 2021 12:53 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Announces Partnership with Zoom Video Communications Inc. (NASDAQ: ZM) to Launch Sequire Audience

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, will partner with Zoom Video Communications (NASDAQ: ZM) to integrate Zoom and the Sequire Audience feature in the platform. Sequire is an exclusive investor intelligence and communications platform that companies use to track their investors’ behaviors and trends; the companies then utilize what they learn to attract and interact with current and potential shareholders, or other target audiences, across multiple channels. This new partnership will provide Sequire clients with the ability to host their own webinars, roadshows, annual meetings, earnings calls…

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MondayMay 17, 2021 12:44 pm

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Announces Engagement of Skyline Corporate Communications Group LLC

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, today announced that it has retained the services of Skyline Corporate Communications Group to assist with the management of its investor relations and corporate communications activities within the financial community. Skyline, with offices in Boston and New York City, provides strategic messaging and investor communications consulting services for public corporations. “Our recent operating activities, growth objectives and expected corporate milestones prompted InnerScope to select Skyline as our investor relations representative,” said Matthew Moore, president and CEO of InnerScope. “We are working diligently to…

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MondayMay 17, 2021 12:38 pm

NetworkNewsBreaks – Infobird Co. Ltd. (NASDAQ: IFBD) Files FY 2020 Annual Report  

Infobird (NASDAQ: IFBD), a software-as-a-service (“SaaS”) provider of AI-powered customer engagement solutions in China, has released its annual report for the fiscal year ended Dec. 31, 2020; the company announced that it has filed the report with the U.S. Securities and Exchange Commission (“SEC”). Key figures of the report includes total revenues for FY 2020 reaching an estimated $14.5 million, a decrease from 2019, which the company noted was primarily due to the negative impact of the COVID-19 pandemic and one of the company’s major customers adjusting its internal telemarketing strategy. However, the report also noted an increase in revenue…

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MondayMay 17, 2021 12:28 pm

NetworkNewsBreaks – RIV Capital Inc. (TSX: RIV) (OTC: CNPOF) Announces PharmHouse GreenHouse Facility Sale

RIV Capital (TSX: RIV) (OTC: CNPOF), an investment and acquisition company specializing in cannabis, announced that through its sale and investment solicitation process, PharmHouse Inc. completed the sale of its greenhouse facility. The transaction was based on its asset purchase agreement with a company related to Sensei Ag Holdings Inc. PharmHouse noted that it plans to use the proceeds from the sale to reduce its debt. Following the closing of the PharmHouse sale, RIV Capital made a cash payment of an estimated $7.5 million to lenders. The announcement noted that any remaining cash left after fulfillment of the debt obligation will…

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MondayMay 17, 2021 12:17 pm

NetworkNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) to Release Q1 2021 Financial Report, Shares Corporate Updates

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, announced that it will release its first-quarter 2021 financial results and corporate update on Tuesday, May 25, 2021; the company will release the report before the markets open. In addition, the company has also scheduled an investor phone call for the same day, May 25, to begin at 5 p.m. ET. Golden Leaf executive chair John Varghese and CEO Jeff Yapp will host the call, which will review the financial report. Those interested can dial 1-877-407-0784 in…

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MondayMay 17, 2021 11:45 am

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Enters Definitive Agreement to Acquire Apothecanna, Announces AGM Voting

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness company offering premium probiotic supplements and products containing CBD, has announced plans to acquire APCNA Holdings LLC (“APCNA”). CBDHF has entered into a definitive agreement to acquire 100% of APCNA, known as Apothecanna. The company also held its annual general meeting (“AGM”) on Friday, May 14, 2021, and reported that all matters contained in the management information circulate sent to shareholders for consideration and approval were approved by the requisite majority of votes cast at the meeting. Apothecanna offers cannabis-powered body care and topical products and was…

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MondayMay 17, 2021 11:33 am

NetworkNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC ) Inks White-Label Manufacturing Agreement

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness, beverage and natural products company, has signed a co-packing agreement with Riviera Beverages LLC of California. The agreement, which is the third white-label agreement BevCanna has completed, should jump start the launch of the company’s TRACE plant-based mineral and hemp-derived CBD bottled beverages in the United States and internationally. The announcement noted that BevCanna has built one of the most diverse beverage portfolios within the cannabis space. A leader in manufacturing bottled beverages in North America and abroad, Riviera has more than a decade of experience working with an…

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MondayMay 17, 2021 11:11 am

NetworkNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Incentive Stock Options

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, announced that it has granted incentive stock options. The options will enable specific directors, officers and consultants to purchase up to 850,000 common shares; the shares will be offered under FEMFF’s incentive stock option plan. According to the announcement, the options will be exercisable for a five-year period at an exercise price of $0.35 per share. All options are subject to Canadian Securities Exchange approval. Part of First Energy objective is to add to its portfolio in a deliberate approach in a way that adds value; currently the company’s…

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