NetworkNewsBreaks

FridayMay 28, 2021 12:11 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announced Bidi Vapor Included on New Tobacco Product List Released by FDA

Kaival Brands (OTC: KAVL), a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets, has announced that all 11 varieties of Bidi Vapor's Bidi(R) Stick devices are included on the U.S. Food and Drug Administration's ("FDA") recently released list of what it has deemed new tobacco products. KAVL is the exclusive global distributor of all Bidi Vapor LLC products. The announcement noted that the FDA release is a list of ENDS products that met certain requirements, including submitting a Premarket Tobacco Product Application ("PMTA”) to the FDA by Sept. 9,…

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FridayMay 28, 2021 12:04 pm

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Results of Election of Directors

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently held its annual and special meeting of shareholders. The meeting, which was held on May 26, 2021, was held virtually. At the meeting, the company held its election of directors. Eight individuals were proposed by management for election as directors. Those eight individuals are J. Birks Bovaird, Mark S. Chalmers, Benjamin Eshleman III,  Barbara A. Filas, Bruce D. Hansen, Dennis L. Higgs, Robert W. Kirkwood and Alexander Morrison. The company announced that all eight nominees were elected by company shareholders through a combination of…

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FridayMay 28, 2021 11:54 am

NetworkNewsBreaks – Gage Cannabis Co. Announces First-Quarter 2021 Numbers, Corporate Update

Gage Growth Corp. (CSE: GAGE) (d.b.a. Gage Cannabis), a leading high-quality craft cannabis brand and operator in Michigan, has released its Q1 2021 financial and business results. The report included record revenue for the quarter of $17.6 million, an increase of 219.4% year over year, and 67.9% quarter over quarter, as well as gross margins of 26.1% compared to 17.3% in Q4 and sequential quarter growth of 880 basis points. The report noted that the strong quarter-over-quarter growth resulted primary from cultivation capacity expansion and two new dispensary openings. In addition, the company noted that it ended the quarter with…

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FridayMay 28, 2021 11:08 am

NetworkNewsBreaks – BAND Royalty Is Establishing a New Paradigm Amidst NFT Frenzy

BAND Royalty today announced the availability of a syndicated broadcast titled, “NFTs Flipping the Script, Bringing Value Back to Music Artists.” The piece discusses the recent explosion of non-fungible tokens (“NFTs”) and Band Royalty’s positioning in the rapidly growing market, which saw an increase in NFT sales to exceed $2 billion during Q1 2021, up more than 20-fold from $93 million in Q4 2020. According to the broadcast, “In the midst of this frenzy, BAND Royalty is establishing a new NFT paradigm. The company is democratizing music royalties by creating new opportunities to participate in a valuable asset class that’s…

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FridayMay 28, 2021 10:44 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) to Present at Upcoming Jefferies Virtual Health Care Conference

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, today announced that its Chief Executive Officer Doug Drysdale will be presenting at the Jefferies Virtual Health Care Conference 2021. Drysdale’s presentation is scheduled to begin at 1:00 p.m. Eastern Time on Tuesday, June 1, 2021. Interested parties should visit https://nnw.fm/XBPPE to register for the webcast. The presentation will be webcast live via the above link, and a replay will be available for 30 days following the event. To view the full press release, visit https://nnw.fm/P0CUM About Cybin Inc. Cybin is a leading biotechnology company focused on…

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FridayMay 28, 2021 10:13 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Enters Charitable Partnership with Squamish Food Bank

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced its charitable partnership with the Squamish Food Bank (commonly known as, "The Market"). The Market is a Squamish, British Columbia-based local food and sustainability non-profit organization that provides safe, dignified and secure access to nutritious food for those in need. The new partnership will help further PlantX’s commitment to both health promotion and sustainability through initiatives aimed at lowering food waste. "The new partnership highlights PlantX's dedication to contribute to the well-being of the Squamish community in meaningful and sustainable ways that are in tune with local values and culture,"…

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FridayMay 28, 2021 10:00 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Announces CEO Investment

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a leading augmented reality (“AR”) experience technology company, today announced that CEO Evan Gappelberg purchased a total of 262,744 shares through the exercising of warrants. According to the update, the purchase increases his ownership to 9,861,510 common shares. “I continue to invest because I’m extremely excited about our business prospects and don’t believe that our current share price reflects the upside potential of our businesses,” said Nextech CEO Evan Gappelberg. “In 2021 we are continuing to broaden our customer base with associations like WMFHA, FSNA, Kallen Company, and many others, and…

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FridayMay 28, 2021 9:58 am

NetworkNewsBreaks – BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC) Inks Deal with Top U.S. Inventory, Fulfillment Technology Provider

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, this morning announced that it has signed a partnership with an award-winning U.S. inventory and fulfillment technology platform provider. With hundreds of professionally operated fulfillment centers strategically situated throughout the United States, the partnership provides BevCanna access to a reliable fulfillment platform as well as two-day shipping anywhere in the country. “We’re pleased to be able to leverage this unique logistics systems in the U.S. launch of our TRACE line of products,” BevCanna Enterprises President Melise Panetta stated in the news release.…

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ThursdayMay 27, 2021 3:45 pm

NetworkNewsBreaks – Hemptown Organics Corp. Announces $7.5M Concurrent Financing to Proposed Qualifying Transaction

Hemptown Organics, a diversified hemp company doing business as Hemptown USA, today provided an update further to its previous news releases on the proposed acquisition of Hemptown by Spectre Capital Corp. (TSX.V: SOO.P), a capital pool company listed on the TSX Venture Exchange. According to the update, the transaction, once complete, is expected to result in the reverse takeover of Spectre and will constitute Spectre's Qualifying Transaction under Policy 2.4 - Capital Pool Companies of the Exchange. In connection with the transaction, Hemptown and Spectre have entered into an engagement letter, dated May 27, 2021, with Canaccord Genuity Corp. (the…

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ThursdayMay 27, 2021 1:29 pm

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Completes Pre-Qualification for Entry into Michigan Market

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) today announced that it has completed the more comprehensive portion of Michigan’s two-step application process for marijuana licensing through a wholly owned operating subsidiary, RWB Michigan LLC. The Marijuana Regulatory Agency (“MRA”) pre-qualification represents authorization of the company to proceed with its full operational strategy in the state and complete the licensing process for its intended facilities. All application materials, background checks and payment of the application fees have been completed as part of the first step, which is pre-qualification. “Michigan has been one of the highest bars of entry to any…

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