NetworkNewsBreaks

MondayJun 28, 2021 12:40 pm

NetworkNewsBreaks – Infobird Software Co. Ltd. (NASDAQ: IFBD) Looks Set to Capture Lion’s Share of China’s SaaS Market

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, recently pivoted to standardized software-as-a-service (“SaaS”) modules, which are already proving valuable by helping both small-to-medium and mid-to-large enterprises generate more business opportunities. The modules are also fast and easy to roll out, meaning quick scalability is now possible. With the standardization now in place, IFBD appears to have struck a balance and is therefore in a position to emerge as the next industry leader. “Infobird intends to use its already developed standardized SaaS modules and its proprietary no-code development platform to more readily create new SaaS modules with…

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MondayJun 28, 2021 12:32 pm

NetworkNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Names New Chief Integration Officer, Fifth & Root GM

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), a premier consumer-driven cannabis company formerly known as Golden Leaf Holdings Ltd., has announced the appointment of a new member of management. Ginger Mollo will served as chief integration office for Chalice Brands and general manager for Fifth & Root; a nationally recognized CBD skincare brand. In her new roles, Mollo will oversee positioning and growing the Fifth & Root Brand within the health and wellness beauty market in addition to integrating the products within the Chalice brands. A veteran in retail and company development, Mollo has worked at companies such as Limited Brands…

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MondayJun 28, 2021 11:58 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Announces Annual Financial Results, Business Highlights and Adelia Milestones

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, today released financial and business highlights for its financial year ended March 31, 2021. “It has been an incredibly busy and successful year for the Cybin team, expanding both our product development capabilities and our drug development programs,” said Doug Drysdale, CEO of Cybin. “The enormous progress that we have made serves to strengthen the foundation of our organization, upon which we plan to build further in the coming 12 months as we continue our clinical research activities. I want to thank the entire Cybin team, our…

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MondayJun 28, 2021 11:40 am

NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Model Leverages Synergistic Acquisitions

Splash Beverage Group (NYSE American: SBEV), a portfolio company of successful beverage brands, has expanded its Tequila footprint in Tampa Bay, a region known for having a high population of millennials. “Tampa is a hotbed for millennials, people aged 24-39 by common definitions, as the median age of a Tampa resident is 34.7 years. The ethos of millennials is rooted in experience and variety, an identity lending to the increased popularity of tequila,” reads a recent article. In January, Splash acquired Copa Di Vino; with this acquisition came a relationship with Pepin Distributing, a 54-year-old wine and spirits distributor that…

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MondayJun 28, 2021 11:04 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Updates Sequire Platform with Automated Email, SMS Features

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, has announced two additional features: an email feature and SMS feature. According to the announcement, the email feature provides automation to the existing Sequire email system and the SMS feature adds tools that enable sending text messages. The company noted that the additions include automation triggers and other enhancements designed to facilitate seamless communication between companies and their shareholders. SRAX also observed that the new Sequire features are key to maintaining and growing communications with shareholders and contacts,…

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MondayJun 28, 2021 10:55 am

NetworkNewsBreaks – Sanwire Corp. (SNWR), Intercept Music Artist’s New Song Goes Viral on TikTok

Sanwire (OTC: SNWR), a diversified company with a focus on technologies for the entertainment industry, together with its 100% wholly owned subsidiary, Intercept Music Inc., today announced that one of their artist's songs was used in a TikTok that has over 105,000,000 views and 8,600,00 likes. According to the update, Will Gittens was introduced to Billy Moss at Diamond Empire Records where Moss, a RIAA Multi-Platinum Grammy nominated producer with a keen eye for new talent, is the director of operations. After listening to the song Zodiac, produced by JR Gittens, Will's brother, Moss put a deal together with CEO…

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MondayJun 28, 2021 10:41 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Finalizes NDA with 6PAK Solutions Canada, Plans to Launch Product in Canada

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has partnered with 6PAK Solutions Inc., a leading Canadian cannabis manufacturer and arm of ATG Pharma Inc. The two companies have signed an NDA and are working together to distribute Grapefruit’s patented Hourglass(TM)Time Release THC+CBD Delivery Topical Relief Cream throughout Canada. According to the announcement, Grapefruit plans to file a Notice of New Cannabis Product (“NNCP”) with Health Canada; the notice includes specific information regarding the Hourglass production process. Once GPFT receives NNCP approval, the company anticipates launching its Hourglass Time Release THC+CBD Delivery Cream across Canada. “We are very…

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MondayJun 28, 2021 10:36 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) Announces Completion of Acquisition

PlantX Life (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF), through its wholly owned subsidiary New Deli Hillcrest LLC, has acquired assets of LIV Marketplace LLC; the acquisition was completed for a total price of $3,246,938.73, and included $450,000 in cash as well as 3,777,778 common shares issued at a deemed price of $0.55 per common share in the authorized share structure of the company as well as the assumption of $1 million in debt owed by LIV Marketplace to the company along with $96,938.73 in inventory. LIV Marketplace is the exclusive online fulfillment partner and retail distributor of PlantX products for the United States; in addition, the company…

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MondayJun 28, 2021 10:07 am

NetworkNewsBreaks – TAAT Global Alternatives Inc. (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) Announces Sellout of Initial Shipment to Georgia Wholesaler

TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) shipped an initial purchase order to a Peach State Distributor (“PSD”) in Georgia last week; the entire shipment of 15 TAAT(TM) master cases, which was delivered on June 24, 2021, was sold out before the product arrived. The purchase order was part of a company initiative to test the state of Georgia as the next market for a full-scale launch of TAAT, which is an alternative to tobacco cigarettes. The announcement noted the move complements TAAT’s presence in more than 250 retailers in the state of Ohio. The PSD convenience wholesaler has…

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FridayJun 25, 2021 2:29 pm

NetworkNewsBreaks – StorEn Technologies Inc. Is Clear Winner in Performance Case Study

StorEn Technologies is building a reputation in the development of evolutionary vanadium flow batteries and the future of energy storage. StorEn’s products are designed leveraging the company’s technology that delivers higher performance at lower cost, resulting in more efficient, environmentally friendly and cost-effective energy storage. “Citing a case study comparing a StorEn vanadium flow battery with lithium batteries, StorEn came out the clear winner,” reports a recent article on the company’s positioning. “StorEn’s battery life is 25 years, or 15,000 equivalent full cycles, or ‘EFCs’ (at 100% discharge), compared to lithium batteries (e.g., Tesla’s Powerwall is warranted for 10 years…

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