NetworkNewsBreaks Archive - Page 1148 of 2081

TuesdayFeb 16, 2021 11:52 am

NetworkNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Announces Strategic Expansion of Sales Force

Plus Products (CSE: PLUS) (OTCQX: PLPRF), a cannabis and hemp branded products company in the U.S., today announced a strategic shift to expand its sales team, internalize all account management and transition to a self-service distribution partner in the California adult-use market. To date, PLUS has partnered with full-service distributors, relying on a hybrid of both internal and external personnel to make up its sales force. Under the new self-service model, a member of the PLUS team will own the sales cycle for every order start to finish. “At PLUS, we are focused on bringing customers the best possible experience…

TuesdayFeb 16, 2021 11:39 am

NetworkNewsBreaks – United Parcel Service Inc. (NYSE: UPS) Featured in Analysis Report

United Parcel Service (NYSE: UPS), the provider of a broad range of integrated logistics solutions for customers in more than 220 countries and territories, was featured in a recent LikeFolio analysis report that discussed the company’s performance. The report, written by LikeFolio Founder Andy Swan, reads, “After two quarters of explosive demand growth, UPS Purchase Intent mentions are normalizing. Consumer mentions of sending or receiving a package via UPS increased 7% YoY in 20Q4. This is lower than the previous quarter growth rate of +50% YoY. Mentions in 21Q1 are currently exactly flat YoY.” For more information, visit www.UPS.com. About…

TuesdayFeb 16, 2021 11:13 am

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Announces Participation in Microcap Rodeo Winter Wonderland Conference

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of nonsystemic, recombinant therapies for gastrointestinal diseases, has announced that it will present at the upcoming Microcap Rodeo Winter Wonderland Conference. The virtual conference is slated for Feb. 16–19, 2021. AzurRx CEO James Sapirstein is scheduled to make a live company presentation during the conference. The AzurRx presentation is scheduled for 4:30 p.m. ET on Feb. 17. During the presentation, Sapirstein will provide an overview of AzurRx’s business and clinical development programs; he will also talk about milestones anticipated throughout the coming year. Following the presentation, Sapirstein and other AzurRx executives will be…

TuesdayFeb 16, 2021 11:07 am

NetworkNewsBreaks – XPhyto Therapeutics Corp. (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) Announces Completion of European CE-IVD Application for 25-Minute COVID-19 RT-PCR Test

XPhyto Therapeutics (CSE: XPHY) (OTCQB: XPHYF) (FSE: 4XT) has made a significant announcement, along with its exclusive German diagnostics development partner, 3a-diagnostics GmbH ("3a"). The companies have completed all actions and procedures required for the European regulatory application for the rapid point-of-care SARS-CoV-2 (COVID-19) RT-PCR Test System. The announcement noted that ISO 13485 approval for 3a as a medical device manufacturer is expected in the next few weeks; 3a also anticipates European regulatory approval as a commercial in vitro diagnostic device (CE-IVD) for COVID-ID Lab by early March. The exclusive lab is designed to be a rapid, accurate and robust test…

TuesdayFeb 16, 2021 10:42 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces Packaging Revisions Project Completion, Positive Q1 2021 Expectations

Kaival Brands (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, has noted that a Q4 project involving a redesign of Bidi(R) Vapor LLC’s packaging and labeling for its entire product line has been completed. The redesign decision was made as the Bidi company opted to meet and exceed the FDA’s proposed guidelines for all of its product, which meant the company halted production of its products until the project was finished. Kaival is the exclusive global distributor of all products manufactured by Bidi Vapor, including the Bidi(R) Stick,…

TuesdayFeb 16, 2021 10:35 am

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Strengths, Milestones Featured as CBD Industry Projected to See Impressive Growth

HempFusion Wellness (TSX: CBD.U), along with its five-channel strategy, impressive line of products and historic first day of trading after completing its $17 million IPO, were the focus of a recent article. The article outlined the power of the company, noting that it was the first U.S.-based CBD company approved for listing directly on the TSX. The article recounted the company’s strength as a leader in the health and wellness CBD industry and called out its diverse portfolio of brands, including HempFusion CBD, Probulin Probiotics, Biome Research and HF Labs; the article also noted that the company offers four dozen…

TuesdayFeb 16, 2021 9:55 am

NetworkNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Issues Operational Update

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced that the impact of the ongoing polar vortex in the American southwest is likely to increase operational costs during the first quarter of 2021. According to the update, the company's current energy contract is backed by natural gas. Weather conditions in the southwest United States have impacted natural gas production and transport, leading to record high prices since Friday, Feb. 12, with unit costs increasing from US$3.00 to over US$300 per mmBtu. The temporary increase in prices is expected to be short term and impacts energy costs at the…

TuesdayFeb 16, 2021 9:26 am

NetworkNewsBreaks – TAAT(TM) Lifestyle & Wellness Ltd. (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) Announces Availability of Flagship Product Through Online Website

TAAT(TM) Lifestyle & Wellness (CSE: TAAT) (OTCQB: TOBAF) (FRANKFURT: 2TP2) has announced that, effective Wednesday, Feb. 18, at 9 a.m. ET, its ecommerce portal will be live and operational, with smokers in the United States aged 21 years of age and older being able to purchase the company’s flagship product — TAAT(TM) Original, Smooth and Menthol — by the carton in certain areas. The product is currently available for retail sale throughout the state of Ohio. In the announcement, the company noted that it believed that selling its product online would accelerate its entry into new markets across the country. The…

FridayFeb 12, 2021 1:23 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Secures 70% Stake in Nug Avenue, Enters Burgeoning Los Angeles Cannabis Delivery Market

Sugarmade (OTCQB: SGMD), an innovator in the dynamic California cannabis scene, today announced that it is launching a new business initiative for the licensed delivery of cannabis products to consumers in the Los Angeles metropolitan area. Through a definitive agreement that closed on Feb. 8, 2021, the company has acquired a 70% stake in the Lynwood, California, operations of Nug Avenue, a California corporation. “We strongly believe the LA delivery market is the prime spot for expansion of our business,” said Sugarmade CEO Jimmy Chan. “California is the world’s sixth-largest economy, and LA County is by far the most significant…

FridayFeb 12, 2021 12:57 pm

NetworkNewsBreaks – KemPharm Inc. (NASDAQ: KMPH) Secures $52.4M in Follow-on and $44M in Warrant Exchange Transaction

KemPharm (NASDAQ: KMPH), a specialty pharmaceutical company focused on the discovery and development of proprietary prodrugs, has closed an underwritten public offering of 8,066,342 shares of its common stock (or pre-funded warrants to purchase common stock in lieu thereof) and accompanying warrants to purchase up to 8,066,342 shares of common stock. According to the update, this includes 374,035 additional shares of common stock and warrants pursuant to the partial exercise of the over-allotment option granted to the underwriters. KemPharm secured approximately $52.4 million in gross proceeds, with the shares of common stock (or pre-funded warrant in lieu thereof) sold together…

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