NetworkNewsBreaks

FridayJul 23, 2021 10:23 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVLD) to Re-Launch Bidi Pouch, Moves Manufacturing In-House

Kaival Brands (OTCQB: KAVLD), the exclusive global distributor of products manufactured by Bidi(R) Vapor LLC, has announced that the Bidi(TM) Pouch will begin production again after being delayed because of COVID-19 restrictions. The company anticipates that the Bidi Pouch, which provides a proprietary tobacco-free nicotine formulation packed in an easy-to-go plastic can, will be launched in September. According to the announcement, production of the pouch has been moved in-house to prevent future delays and bottlenecks. Kaival Brands notes that the nicotine pouch spaces present a significant market opportunity, with a recent study showing an increase in unit sales over the past year…

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FridayJul 23, 2021 9:56 am

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Releases Q4, FY 2020 Financial Reports

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF), a multistate cannabis operator and house of premium brands, has reported fourth quarter and full year 2020 financial results and company highlights. The report noted that Q4 2020 adjusted sales totaled C$28.6 million, an increase of 290% over the third quarter, with fourth quarter 2020 revenue reaching  C$15.7 million, an increase of 158% over the third quarter. Finally, full year 2020 adjusted sales topped more than $37.8 million with revenue coming in at $23.3 million. In addition, the announcement noted that RWB closed two significant acquisitions, completed its go-public transaction and established its…

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FridayJul 23, 2021 9:30 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Plans to Move Headquarters, Extends Warrants

Flora Growth (NASDAQ: FLGC), an all-outdoor cultivator and manufacturer of cannabis-derived products and brands, announced that it will be moving its headquarters to Miami, Florida; the company chose its new head-office location after conducting an “exhaustive and comprehensive” search. Designed to provide the company with additional space and to attract top-tier talent, the relocation is slated to be completed by Q1 2022. Currently, the company is determining the final location of its office, which will be in Miami’s downtown Brickell financial district. According to the announcement, the new offices will be notably larger than the company’s current offices in Toronto,…

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ThursdayJul 22, 2021 2:36 pm

NetworkNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces Accelerated Growth for Alkaline88(R)

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the country’s largest independent alkaline water company, today announced that its bulk three-liter and best-selling one-gallon bottles will be added to five warehouses of Associated Wholesale Grocers (“AWG”), the nation’s largest cooperative food wholesaler to independently owned supermarkets. According to the update, AWG serves over 1,100 member companies and over 3,000 locations throughout 28 states. Alkaline88(R) will be added to AWG’s warehouses in Louisiana, Kansas, Missouri, Oklahoma, and Wisconsin. “The addition of Associated Wholesale Grocers’ (‘AWG’) five strategically located warehouses comes at the perfect time for our company. Our supply chain has…

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ThursdayJul 22, 2021 1:34 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Provides Replay of Presentations from Inaugural Sequire Blockchain Conference

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, hosted its first-ever 2021 Sequire Blockchain Conference on July 15. The company announced that presentations from the one-day virtual investor event will be available on its website for three months. The conference agenda included presentations from more than 10 leading blockchain and crypto companies as well as insightful talks from industry experts, including Brock Pierce, Maja Vujinovic, Saum Noursalehi, Rachel Wolfson, George Stella, Brittany Kaiser, Gilbert Hill, Justin Newton, Adrian Baschuk, Bryan Bullett, Fred Thiel and Ibrahim AlHusseini.…

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ThursdayJul 22, 2021 1:11 pm

NetworkNewsBreaks – Microdose Psychedelic Insights Shares Agenda Information for Psychedelic Capital: July 2021 Conference

Microdose Psychedelic Insights, a cutting-edge media company focused around promoting content, financial analysis and events designed to drive the psychedelics industry into the forefront of modern medicine, has announced information about its Psychedelic Capital: July 2021 conference. The all-virtual event is scheduled for July 29, 2021 and is designed to shine the spotlight on some of the industry’s top companies, latest IPOs and newest opportunities; the conference presentations also provide deep insights into relevant and timely industry topics. Included in the conference is a focus on psychedelic medicine investment, which includes opportunities for investors and attendees to interact with a…

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ThursdayJul 22, 2021 12:32 pm

NetworkNewsBreaks – Ideanomics Inc.’s (NASDAQ: IDEX) Accomplished Team Poised to Develop, Commercialize Industry Changing Transportation Solutions

Ideanomics (NASDAQ: IDEX) was pleased to see Dr. Abas Goodarzi, its newly appointed chief scientist and US Hybrid CEO, recognized with the well-deserved Institute of Electrical and Electronics Engineers (“IEEE”) Power Electronics Society (“PELS”) Vehicle and Transportation Systems Achievement Award. Dr. Goodarzi, an industry veteran with 38 years of experience in the electric, hybrid and fuel cell industries, was recognized for his contributions to the advancement of electric powertrains for medium and heavy duty vehicles. A recent article quoted Ideanomics CEO Alf Poor as saying, “He has done, and continues to do, so much to advance the transition to a…

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ThursdayJul 22, 2021 12:30 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Issues Shareholder Update Outlining Growing Nug Avenue Operations, Strides Toward Vertical Integration

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, today updated current and prospective shareholders on its growing Nug Avenue operations. The update also included progress on the company’s continued strides toward verticalizing its model through the acquisition of California cannabis licenses and potentially establishing commercial operations in the cannabis delivery market outside of the state of California. “We will have more details on Nug Avenue performance soon, but we wanted to report our strong progress and let our shareholders know that we are quickly establishing a brand presence in the Los Angeles cannabis…

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ThursdayJul 22, 2021 12:22 pm

NetworkNewsBreaks – FingerMotion Inc. (FNGR) Looks to Be Ahead of Data Insights Curve

FingerMotion (OTCQX: FNGR) is in a position to capitalize on the emerging big data opportunities in China thanks to its newly launched Big Data Insights (Sapientus) division. “FingerMotion believes its future lies in the Sapientus division and a look at the various big data opportunities in China suggests the reasoning behind this belief,” reads a recent article. The government-led digital transformation is expected to expand the big data market in the next few years, and investment opportunities of big data technology in China are projected to grow at a 30% CAGR between 2021 and 2026. “Thanks to a relationship forged…

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ThursdayJul 22, 2021 12:08 pm

NetworkNewsBreaks – Beard Management Inc. Announces Successful Completion of FDA Inspection

Beard Management, the company behind multiple globally recognized e-liquid brands such as Beard Vape Co. and The One E-liquids, today announced its successful completion of an inspection by the U.S. Food and Drug Administration (“FDA”) as a part of the company’s PMTA application review on July 13 and 14. According to the update, Beard Management is currently in the review phase of its PMTA application, which includes 45 of the company’s most popular e-liquid products, including flavors from the Beard Vape Co. and The One E-liquid brands. In April, Beard announced its retention of Blackbriar Regulatory Services LLC (“BRS”) as…

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