NetworkNewsBreaks

TuesdaySep 15, 2020 12:28 pm

NetworkNewsBreaks – Cybin Corp. CEO Discusses Milestones, Goals and Momentum in Exciting Emerging Industry

Cybin, a life-sciences company focused on advancing psychedelic and nutraceutical-based products, today announced that its CEO, Doug Drysdale, is featured in an exclusive audio interview with NetworkNewsWire (“NNW”) – a financial news and content distribution company and one of 50+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Drysdale provides insight into Cybin’s 2020 milestones, near-term goals and its efforts to build on the momentum of an industry that continues to ramp up. “We have secured a source of GMP psilocybin API to support our initial clinical program, and we’ve initiated a program to synthesize our own proprietary API to…

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TuesdaySep 15, 2020 12:04 pm

NetworkNewsBreaks – Sustainable Green Team Ltd. (SGTM) Announces Strategic Alliance to Amplify National Partnerships, Expand Reach

Sustainable Green Team (OTC: SGTM), a leading provider of environmentally beneficial solutions for tree and storm waste disposal, today announced that its wholly owned subsidiary, National Storm Recovery LLC (“NSR”), has formed a strategic alliance with Tree Leads Today (“TLT”). According to the update, the alliance will expand partnerships throughout the nation and significantly increase the ability to obtain contracts beyond current reach. “This strategic alliance will amplify our national partnerships and, most importantly, increase recovery contracts far beyond our reach through our Central Florida Arbor Care subsidiary,” SGTM’s CEO and Director Tony Raynor said in the news release. “Our…

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TuesdaySep 15, 2020 11:31 am

NetworkNewsBreaks – Siyata Mobile Inc. (TSX.V: SIM) (OTCQX: SYATF) Launches ‘Hero Series’ Product Line Tailored to Assist US First Responders

Siyata Mobile (TSX.V: SIM) (OTCQX: SYATF) today announced the launch of the new “Uniden(R) Hero Series” line of cellular signal boosters. The portfolio is dedicated to first responders in the United States who rely on cellular connectivity on the front line to save lives and protect communities. The product line comprises three devices: the Uniden(R) U70 FN for inside buildings, the Uniden(R) UM50 FN for inside vehicles and the Uniden(R) UM2M FN, which can simply connect to the company’s flagship Uniden(R) UV350 in-vehicle communicator. “Today more than ever, we see the meaningful impact that first responders have in keeping civilians…

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TuesdaySep 15, 2020 11:03 am

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Releases Q3 Numbers, Revenues Up Nearly 44%

Kaival Brands (OTCQB: KAVL), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, has released the company’s financial results for Q3 2020. Driven by an increasing demand for the Bidi(TM) Stick, quarter-end numbers were impressive, with revenue totaling nearly $54.9 million, up almost 44% compared to the second quarter of 2020. Other quarter highlights include gross profit for Q3 reaching approximately $4.4 million while net income reached approximately $2.6 million — both numbers up significantly from the same period last year. “We had an extremely busy and fruitful third fiscal quarter,” Kaival Brands president and CEO…

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TuesdaySep 15, 2020 10:34 am

NetworkNewsBreaks – SRAX Inc.’s (NASDAQ: SRAX) BIGtoken Reveals Changes in Social Media Use During COVID-19

SRAX’s (NASDAQ: SRAX) BIGtoken, a permission-first consumer data-management platform, released a new research report that compares social media usage one month versus four months into the global pandemic. According to the update, BIGtoken surveyed its U.S. users in April and again in August to compare results and understand how the pandemic has impacted social media use. Among the results, which can be downloaded in the full report at http://nnw.fm/SVTXb, the study found that the majority of respondents, 64%, indicated that social media has helped social distancing feel less overwhelming overall. In addition, 44% of respondents indicated that they have started…

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TuesdaySep 15, 2020 10:09 am

NetworkNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Other US Uranium Producers to Benefit from Extended Limitations on Russian Imports

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, announced that the U.S. Department of Commerce has finalized a deal with Russia to reduce Russian imports through 2040. The Russian Suspension Agreement extends limitations on uranium imports from Russia into the United States and is a key step toward reviving the long-term health of the U.S. uranium mining industry. The agreement was originally scheduled to expire at the end of 2020 and could have resulted in unlimited Russian uranium imports into the country. “Energy Fuels thanks the Department of Commerce for its efforts in…

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MondaySep 14, 2020 3:21 pm

NetworkNewsBreaks – Seelos Therapeutics Inc. (NASDAQ: SEEL) Secures $7M in Registered Direct Offering

Seelos Therapeutics (NASDAQ: SEEL), a clinical-stage biopharmaceutical company, has closed a sale of 8,865,000 shares of common stock with certain institutional investors. According to the update, Seelos Therapeutics secured approximately $7 million in gross proceeds, with each of the shares sold at the price of $0.79. The company also agreed to issue unregistered warrants to the investors to purchase up to 6,648,750 shares of common stock in a concurrent private placement. The warrants have an exercise price of $0.84 per share of common stock, exercisable six months from the date of issuance and with an expiration date five years following…

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MondaySep 14, 2020 1:04 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces Q3 2020 Results with Increased Revenues, Significant Sales Growth

Kaival Brands (OTCQB: KAVL), a company focused on growing and incubating innovative and profitable products into mature, dominant brands, today announced financial results for its fiscal 2020 third quarter ended July 31, 2020. Among the highlights, the company reported revenues of approximately $32.4 million for the third quarter of fiscal 2020 compared to $0 in the same period of the prior fiscal year. “We had an extremely busy and fruitful third fiscal quarter. We experienced a rising demand for our exclusively distributed premium product, the Bidi(TM) Stick. We have seen an increase in sales of almost 44% from the previous…

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MondaySep 14, 2020 1:01 pm

NetworkNewsBreaks – Trxade Group Inc. (NASDAQ: MEDS) Offers ‘Radical Price Transparency’ to Maximize Savings, Lower Costs of Pharmaceuticals

Trxade Group (NASDAQ: MEDS), an integrated drug-procurement, delivery and health-care platform, has achieved a growing distinction and web-based presence, offering transparency in pharmaceutical purchasing. The company’s flagship Bonum+ platform provides subscribers with access to drug prices and supply availability, enabling them to make informed product ordering decisions. A recent article discussing this quotes Trxade Group founder, chairman and CEO Suren Ajjarapu, who states, “Our platform lets these independents know that they’re receiving a fair price from competing suppliers on fair payment terms and often with next day delivery. We believe this radical price transparency, economy of scale and competition amongst…

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MondaySep 14, 2020 12:34 pm

NetworkNewsBreaks – The JBoy Show Features Former Auburn Standout Tight End Sal Cannella

The JBoy Show, hosted by Jake Crain and providing an in-depth look at Southeastern Conference (“SEC”) sports with an emphasis on the SEC West, recently featured Sal Cannella. Crain introduces the former Auburn standout tight end as someone who made a lot of incredible plays and takes the audience inside Cannella’s helmet to discuss exceptional moments. “That was definitely a good momentum builder . . . being the first touchdown of the year,” Cannella said when discussing scoring the first touchdown of the 2018 season against Washington in the same stadium in which the athlete’s team lost twice the previous…

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