NetworkNewsBreaks

TuesdayMar 09, 2021 10:02 am

NetworkNewsBreaks – HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO) Ranks as Top Performer at Major Food-Drug Mass Retailer

HempFusion Wellness (TSX: CBD.U) (OTCQX: CBDHF) (FWB: 8OO), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, announced that according to a recent NielsenIQ report, its OTC topical products were ranked number-one in both sales dollars and units sold at a major Food & Drug Mass (“FDM”) retailer. The FDM channel is the largest sales opportunity for HempFusion’s products as 41% of CBD consumers have recently started shopping in-store again for products that contain CBD, according to a recent study. Those numbers were supported as CBD specialty retailers and pharmacies saw an uptick in consumer-reported purchasing.…

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TuesdayMar 09, 2021 9:14 am

NetworkNewsBreaks – Mohawk Group Holdings Inc. (NASDAQ: MWK) Releases Q4, FY 2020 Financial Numbers, Business Update

Mohawk Group (NASDAQ: MWK), a technology-enabled consumer products company, reported its financial and business  results for the fourth quarter and full year ended Dec. 31, 2020. Highlights of the report include a 61.9% increase in quarterly net revenue, totaling $41.5 million  compared to $25.6 million in Q4 2019. Full-year net revenue saw a slightly higher increase, landing at $187.7 million, a 62.3% increase over 2019’s $114.5 million. Other numbers looked good, with full-year and fourth-quarter gross margins improving, fixed operating expenses decreasing, and full-year contribution margin reaching 13.5% over 2.2% in 2019. In business news, the company launched five new…

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MondayMar 08, 2021 2:38 pm

NetworkNewsBreaks – 180 Life Sciences Corp. (NASDAQ: ATNF) to Present at Inaugural Emerging Growth Virtual Conference

180 Life Sciences (NASDAQ: ATNF), a clinical-stage biotechnology company focused on the development of novel drugs that fulfill unmet needs in inflammatory diseases, fibrosis and pain, today announced that it will present at the Inaugural Emerging Growth Virtual Conference, hosted by M Vest LLC and Maxim Group LLC. The conference is slated to take place from 9:00 a.m.-5:00 p.m. ET on March 17 – 19, 2021, and will feature roundtable discussions with C-suite executives moderated by Maxim Research analysts, fireside chats with live Q&A, as well as presentations from hundreds of domestic and international issuers. According to the update, 180…

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MondayMar 08, 2021 2:22 pm

NetworkNewsBreaks – Hemptown Organics Corp. Issues Shareholder Update

Hemptown Organics, a diversified hemp company doing business as Hemptown USA, committed to producing premium tobacco and smokable hemp products, on Friday issued a letter to its shareholders and debenture holders from its president, director and co-founder, Michael Townsend. In the update, Townsend expressed optimism for the cannabis sector and provided the company’s progress on many fronts, including its debut on the nationally branded show Americas Next Investment and subsequent investor leads, completion of its much-anticipated IFRS 2019 and 2020 financial statements and progress at its Oregon farm. The letter reads, “Processing continues to operate at full capacity on the…

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MondayMar 08, 2021 1:54 pm

NetworkNewsBreaks – GT Biopharma Inc. (NASDAQ: GTBP) Releases Preclinical Results for Prostate Cancer Treatment

GT Biopharma (NASDAQ: GTBP), a clinical-stage biopharmaceutical company focused on disruptive, target-directed natural killer (“NK”) cell engager immunotherapy technologies, has announced preclinical results for its ROR1 (“ROR1”) TriKE(TM) (“TriKE”) product candidate, which is being evaluated as a prospective therapy for the treatment of prostate cancer. The treatment is based on the fact that tyrosine kinase transmembrane receptor ROR1 has been shown to be overexpressed on certain cancer cells and to play a functional role in influencing the metastatic potential of various solid tumor cancers. Through its TriKE treatment, GT Biopharma targets ROR1 on cancer cells, redirecting NK cells to attack…

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MondayMar 08, 2021 1:47 pm

NetworkNewsBreaks – MustGrow Biologics Corp. (CSE: MGRO) (OTCQX: MGROF) (FRA: 0C0) Develops First-Ever Effective Treatment for Root-Rot Disease

MustGrow (CSE: MGRO) (OTCQX: MGROF) (FRA: 0C0) has announced that its plant-based biopesticide is 100% effective against root-rot disease. This announcement followed a recent round of laboratory tests, “which were conducted by an independent third-party lab,” an article on MustGrow’s novel accomplishment details. MustGrow, an agriculture biotech company focused on providing natural science-based biological solutions for high-value crops such as fruits and vegetables, becomes the first to develop an effective treatment for this disease. The “patented mustard-derived biopesticide achieved 100% control over Aphanomyces euteiches zoospores (Aphanomyces) within 24 hours and at economic application rates… Aphanomyces is a soil-borne, root-rot disease…

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MondayMar 08, 2021 1:33 pm

NetworkNewsBreaks – Why Mohawk Group Holdings Inc. (NASDAQ: MWK) Is ‘One to Watch’

Mohawk Group Holdings (NASDAQ: MWK) is a leading tech-enabled consumer products platform that utilizes machine learning, natural language processing and data analytics to design, develop, market, and sell products. Mohawk’s proprietary AIMEE(R) platform leverages data and artificial intelligence (“AI”) to automate the design, development and launch of best-selling consumer products. The company owns and operates 12 brands to sell consumer products across multiple categories ranging from kitchenware and home appliances to environmental appliances, beauty offerings and even consumer electronics. A recent article discussing the company reads, “AIMEE(R) (AI Mohawk E-commerce Engine) is Mohawk’s proprietary platform that leverages data and AI…

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MondayMar 08, 2021 1:25 pm

NetworkNewsBreaks – Vivos Therapeutics Inc. (NASDAQ: VVOS) Opens First-Ever Pneusomnia Clinic, Unveils New Tech to Test for Sleep Apnea at Home

Vivos Therapeutics (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative treatments for patients suffering from sleep-disordered breathing including obstructive sleep apnea (“OSA”), has opened the first Pneusomnia clinic, a clinician-owned, integrated medical-dental sleep center. The center will feature the Vivos System through its Medical Integration Division. Located in Del Mar, California, the clinic is owned and operated by local physicians, including Dr. Mimi Guarneri, a cardiologist, founder and president of the Academy of Integrative Health and Medicine; she will lead the center. Vivos created its Medical Integration Division last year with the objective of fostering an environment where medical…

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MondayMar 08, 2021 12:54 pm

NetworkNewsBreaks – Asia Broadband Inc. (AABB) Engages InvestorBrandNetwork for Corporate Communications Expertise

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today announced that it has selected the corporate communications expertise of the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. Asia Broadband leverages a vertically integrated approach to sales transactions, utilizing its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client networks in Asia. As part of the Asia Broadband and IBN relationship, IBN will leverage…

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MondayMar 08, 2021 12:30 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Showcases Virtual Event Platform Capabilities at Prestigious B. Riley Vision Day

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its software-as-a-service (“SaaS”) platform, recently served as the exclusive technology host for B. Riley Securities’ 2021 Vision Day. The prestigious event was held on the Sequire Virtual Events platform, which allowed the Sequire community privileged access to sessions and content. The daylong virtual investor conference featured video presentations and fireside chats discussing top stock picks from B. Riley’s award-winning equity research team. “We were honored to have been selected by B. Riley Securities to host its 2021 Vision Day event following our…

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