NetworkNewsBreaks Archive - Page 1270 of 2217

MondayMar 01, 2021 10:08 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Provides Update on MOU with Canadian Cannabis Company, Potential JV

Grapefruit USA (OTCQB:GPFT), a premiere, fully licensed California-based cannabis company, is providing an update regarding the announcement of a potential acquisition transaction. The company earlier announced that a Canadian cannabis company had shown interest in entering discussions involving an acquisition transaction; those discussions led to the two companies signing a memorandum of understanding (“MOU”) in February. The MOU outlines terms under which the parties could enter into a joint venture (“JV”) that would call for the joint manufacture, distribution and marketing in Canada of Grapefruit’s products, including but not limited to Grapefruit’s flagship Hourglass(TM) THC/cannabinoid time-release delivery cream. “As we…

MondayMar 01, 2021 9:58 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Announces Successfully Production of Battery Quality Lithium Carbonate Using OEM Technology

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced successful completion of its Arkansas-produced lithium chloride into 99.985% pure lithium carbonate using OEM technology. According to the update, Veolia Water Technologies completed the work at its facility in Plainfield, Illinois, which demonstrates that the lithium chloride intermediate product produced by Standard Lithium’s industrial scale LiSTR Direct Lithium Extraction (“DLE”) plant in Arkansas can be converted into better-than battery quality lithium carbonate using established OEM carbonation technology. “We’ve now demonstrated that we can convert to battery quality lithium carbonate using the company’s…

MondayMar 01, 2021 9:26 am

NetworkNewsBreaks – Grey Cloak Tech Inc. (GRCK) Changes Name, Ticker; Now Healthy Extracts Inc.

Grey Cloak Tech (OTCQB: GRCK) has announced that the company has officially changed its name to Healthy Extracts Inc. The company’s ticker will also change to OTCQB: HYEX. These changes are official today, March 1, 2021. The company is focused on the development of its proprietary natural plant-based formulations; the company is also committed to sales and distribution of cardiovascular and neuro products. Grey Cloak, now Healthy Extracts, has two subsidiaries: Ultimate Brain Nutrients, a science-based company that develops unique, plant-based, high-quality, neuro-products that increase brain health including memory, cognition, focus and neuro-energy; and BergaMet NA, a provider of nutraceutical…

FridayFeb 26, 2021 2:09 pm

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Looks to AI to Improve Clinical Decision Making for Ovarian Cancer Patients

Predictive Oncology (NASDAQ: POAI), through its wholly owned subsidiary, Helomics, has sought to end the alarming statistics surrounding ovarian cancer. According to figures provided by the American Cancer Society and quoted by an article discussing POAI’s motivations and operations, “an estimated 21,750 women received a new diagnosis of ovarian cancer this year (2020), and almost 14,000 women will die from the disease. Those numbers make ovarian cancer the fifth-leading cause of cancer deaths in women.” In a bid to change this reality, Predictive Oncology, a company that focuses on using data and artificial intelligence to develop personalized cancer therapies, has…

FridayFeb 26, 2021 12:58 pm

NetworkNewsBreaks – Adobe Inc. (NASDAQ: ADBE) Featured in Simply Wall St Journal

Adobe (NASDAQ: ADBE) was featured in this week’s Simply Wall St Journal that discussed its positioning as one of the stocks that is “set to benefit from the tectonic shift to ‘all things digital.’” The piece discusses the complementary products and strong brand that Adobe has built over its nearly 40 years since inception, taking a look into how this integrated ecosystem has helped Adobe develop a competitive advantage and how its business model generates strong profitability. The piece describes the company’s business model as “enviable” with a strong advantage, particularly with its Creative Cloud offering that generates consistent revenue…

FridayFeb 26, 2021 12:02 pm

NetworkNewsBreaks – iRobot Corporation (NASDAQ: IRBT) Featured in Analysis Report

iRobot(R) (NASDAQ: IRBT), a global enterprise that has sold more than 30 million robots worldwide, was featured in a recent LikeFolio analysis report that discussed its performance. The report, written by LikeFolio Founder Andy Swan, reads, “Last quarter, iRobot posted strong results: revenue increased +43% YoY as premium products showed strength (+86% YoY) and its direct-to-consumer channel rocketed (+155% YoY). However, shares of IRBT sold off following this 'blowout' report. In fact, we've seen sell-offs after five of past eight quarterly reports, despite sequential improvements in consumer demand since 2017.” For more information, visit www.iRobot.com. About iRobot Corporation iRobot(R), the…

FridayFeb 26, 2021 11:59 am

NetworkNewsBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Announces Update on E-Motion Powertrain Initiatives, Corporate Developments

Vision Marine Technologies (NASDAQ: VMAR), a leader in transforming the global boating market by designing and manufacturing environmentally friendly electric boats and propulsion systems, today provided an update on its new marketing initiatives and corporate developments since the company’s initial public offering in November of 2020. “Since our IPO just three months ago, the company has made tremendous strides in growing our existing business and furthering our reputation as a disruptive world class nautical technology company,” said Alex Mongeon, co-founder and chief executive officer of Vision. “We believe the market for our E-Motion powertrain systems continues to expand. The National…

FridayFeb 26, 2021 11:45 am

NetworkNewsBreaks – Sharing Services Global Corporation (SHRG) Announces Plans for Aggressive Expansion into Asian Markets

Sharing Services (OTCQB: SHRG), formerly Sharing Services Inc., has an aggressive strategy in place for expansion into Asian markets; the plan is focused on exponential growth of SHRG’s wholly owned subsidiaries. As part of the strategy, the company intends to release additional products and services. Currently, expansion efforts will include South Korea, Japan, Hong Kong, China, Singapore, Taiwan, Thailand, Malaysia and the Philippines. Sharing Services is confident this expansion will take the company to a whole new level and deliver growth in the near future. “Preliminary steps have already been taken, and Sharing Services anticipates making significant progress toward the completion of…

FridayFeb 26, 2021 11:27 am

NetworkNewsBreaks – Ideanomics (NASDAQ: IDEX) Joins National Nonprofit Working to Accelerate Clean Transportation

Ideanomics (NASDAQ: IDEX), a global company focused on the convergence of financial services and industries experiencing technological disruption, has announced that it has joined CALSTART as a full member. CALSTART is a nonprofit with more than 270 members around the country; the organization facilitates the development of the clean transportation technology industry. The membership allows IDEX access to CALSTART and stakeholder leadership as well as increased project partnership engagement and hands-on, participatory industry connections. Other members of the nonprofit include manufacturers, suppliers, fleets, technology firms, academic institutions, government agencies, NGOs, power companies, fuel providers, banks and more. In addition, CALSTART…

FridayFeb 26, 2021 10:55 am

NetworkNewsBreaks – Golden Leaf Holdings Ltd. (CSE: GLH) (OTCQB: GLDFF) Enters LOI for Accreditive Acquisition of Retail Chain

Golden Leaf Holdings (CSE: GLH) (OTCQB: GLDFF), a premier, consumer-driven cannabis company specializing in retail, production, processing, wholesale and distribution, today announced its entry into a non-binding letter of intent (“LOI”) to acquire a multi-store chain in Northwest Oregon. According to the update, the stores are expected to generate at least US$10 million in annual run rate revenue (based on unaudited January 2021 results) and had a net operating margin of 11% (unaudited) during fiscal 2020 (under U.S. GAAP). “The acquisition of this retail chain will be transformative for GLH, as it would further cement us as a leader in…

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