Breaks Categories: News

FridayAug 20, 2021 10:56 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Releases H1 2021 Financial and Operational Report, Guidance for H2

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, has reported financial and operating results for the six-month period ending June 30, 2021. Highlights of the report include revenue of more than $2 million with an estimated unaudited gross profit of 60% as compared to revenues of  approximately $100,000 for 2020, operating expenses of $6 million, and a cash balance of approximately $19 million with minimal debt. In addition, an operational highlight for the company included the signing of a major distribution deal with a significant Colombian food distributor Flora Growth expects to generate more…

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ThursdayAug 19, 2021 3:53 pm

NetworkNewsBreaks – Pressure BioSciences Inc. (PBIO) Announces Strong Q2 2021 Results, Eyes Highly Successful Remainder of 2021

Pressure BioSciences (OTCQB: PBIO) (“PBI”), a leader in the development and sale of broadly enabling, pressure-based instruments, consumables and platform technology solutions to the worldwide life sciences and other key industries, today announced continued strong financial results for the second quarter ended June 30, 2021. In addition, the company provided a business update and offered guidance for the remainder of FY 2021. Among the highlights, the company reported a 127% increase in total revenue for Q2 2021 to $608,900 compared to $268,200 for Q2 2020, as well as a 178% increase in instrument sales to $337,400 compared to $121,400 for…

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ThursdayAug 19, 2021 2:48 pm

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

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced its entry into a definitive agreement with the Tinley Beverage Company Inc. (CSE: TNY) (OTCQX: TNYBF) to co-manufacture its award-winning cannabis-infused beverages for the Canadian market. Under the agreement, BevCanna will produce and distribute the full line of Tinley’s ready-to-drink, adult beverage-inspired sparkling Tinley’s Classics, Canadian versions of Tinley’s Tonics, currently available in California. BevCanna will also produce Tinley’s blue agave and lime-inspired Stone Daisy, the juniper berry and lime-inspired Juniper Sky and the blue agave, grapefruit and lime-inspired…

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ThursdayAug 19, 2021 11:51 am

NetworkNewsBreaks – Immunic Inc. (NASDAQ: IMUX) Secures $45M in Underwritten Public Offering

Immunic (NASDAQ: IMUX) has announced the closing of an underwritten public offering of 4,500,000 shares of its common stock at a public offering price of $10.00 per share. According to the update, the company received total proceeds of $45 million from the offering, before deducting underwriting discounts and other expenses. Immunic intends to use net proceeds of the offering to fund the ongoing clinical development of its three lead product candidates, IMU-838, IMU-935 and IMU-856, as well as for other general corporate purposes. Roth Capital Partners acted as co-manager for the offering. To view the full press release, visit https://nnw.fm/mEuDE…

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ThursdayAug 19, 2021 11:45 am

NetworkNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) Co-Founder, CEO Featured on Bell2Bell Podcast

Mind Cure Health (CSE: MCUR) (OTCQB: MCURF), a leader in advanced proprietary technology and research for psychedelics, has announced that co-founder and CEO Kelsey Ramsden is featured on the latest episode of the Bell2Bell podcast. The Bell2Bell Podcast offers its listeners insightful interviews with executives of companies operating in fast-moving industries. During the episode, hosted by InvestorBrandNetwork’s Stuart Smith, Ramsden provided an overview of the company’s business model and also discussed the changing regulatory and social environments surrounding psychedelic-assisted therapy. She also talked about the company’s current focus: the development of a clinical-grade, evidence-backed, science-based, AI-driven tool to enable therapists…

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ThursdayAug 19, 2021 11:23 am

NetworkNewsBreaks – DSG Global Inc. (DSGT) Announces Upcoming Unveiling of the Sagitta(TM) EV

DSG Global (OTCQB: DSGT), an emerging global technology company with an array of interconnecting businesses in rapidly growing market sectors, today announced that Milpitas, California- based California Mobility Works (“CMW”) and Imperium Motors will host the unveiling of the Sagitta(TM) EV on Nov. 17, 2021, at the LA Auto Show. According to the update, the three-wheel, four-passenger Sagitta will impress the automotive world with its innovative styling and superb engineering. Setting a new standard for aesthetics, passenger and cargo space, range, and value, the Sagitta aims to dramatically expand the accessibility of environmentally responsible EV technology to a broad range…

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ThursdayAug 19, 2021 10:57 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Featured in Equity Research Report

Kaival Brands (NASDAQ: KAVL), a company focused on growing and incubating innovative and profitable products into mature and dominant brands, was featured in a recent equity research report. The coverage, launched by Argus Research, an independent investment research firm, highlights innovative vaping and tobacco-free nicotine delivery solutions manufactured by Bidi (R) Vapor LLC, for which Kaival Brands is the exclusive global distributor. “In our view, Kaival Brands is well positioned to expand sales of BIDI (R) nicotine delivery products. The company launched the BIDI (R) Stick in the U.S. in early 2020 and plans to launch a second product, the…

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ThursdayAug 19, 2021 10:50 am

NetworkNewsBreaks – Cabaletta Bio Inc. (NASDAQ: CABA) Featured in Mizuho Securities Research Report

Cabaletta Bio (NASDAQ: CABA) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “Cabaletta's safety data from the second dose cohort at a dose of 100M DSG3-CAART cells in the DesCAARTes Phase 1 in mucosal pemphigus vulgaris continue to demonstrate no clinically relevant adverse events or DLTs observed during the 28-day monitoring period following infusion. We find today's announcement especially encouraging, as the data demonstrate the potential for persistent activity and dosing approaching that of oncology but without the need for preconditioning, which we believe makes the approach highly attractive for non-oncology…

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ThursdayAug 19, 2021 10:36 am

NetworkNewsBreaks – Green Hygienics Holdings Inc. (GRYN) Names Former J&J Director as New Chief Scientific Officer

Green Hygienics (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, has announced that Dr. Francesca Serraino Fiory will serve as the company’s new chief scientific officer. In her new role, Fiory will manage product development, including GRYN’s multibrand portfolio, and oversee research and development efforts under TruLife Biotech, the company’s wholly owned subsidiary. In addition, she will head up partnerships with both academic institutions and research centers and will navigate the company across the global regulatory landscape. Fiory has worked for several major players in the…

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ThursdayAug 19, 2021 9:56 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) Announces Integration of 3D, AR Ad Functionality with SNAP, Facebook and Instagram

Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, has integrated its next-generation ad technology with social media channels, including SNAP, Facebook and Instagram. This integration strengthens and broadens the company’s  3D/AR ad reach. Previously NexTech customers could tap into Google’s immense network, but with this new advancement, NexTech users can deliver 3D ads for other social media applications, including SNAP, Facebook and Instagram. This enhanced feature allows NexTech to leverage the full spectrum of audiences across the web and…

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