NetworkNewsBreaks

WednesdayJun 24, 2020 9:40 am

NetworkNewsBreaks – Marijuana Company of America, Inc. (MCOA) Enters Agreement with LA-Based White Lion for $10M Equity Line

Marijuana Company of America (OTCQB: MCOA), an innovative hemp and cannabis corporation, today announced its entry into an agreement with White Lion Capital, LLC (“White Lion”) for a $10,000,000 (ten million U.S. dollars) equity line of credit.  White Lion, based out of Los Angeles, is a millennial run equity fund that makes investments into growing public companies. "We are very excited to acquire this new equity credit line as this will facilitate our efforts to execute our marketing strategies and Company projects. We have been working diligently to get all the pieces in place so that our roll-out will be…

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TuesdayJun 23, 2020 3:25 pm

NetworkNewsBreaks – Apple Inc. (NASDAQ: AAPL) Featured in Analysis Report

Apple (NASDAQ: AAPL) was featured in a recent LikeFolio analysis report that discussed major buzz surrounding the company’s potential shift to its own ARM-based chips and its current trend in pushing all-time highs, up almost 60% from March. The report, written by LikeFolio Founder Andy Swan, reads, “LikeFolio data reveals Purchase Intent for Apple’s entire suite of products and services is 31% higher in the last 90 days vs. the past year. We’ll continue to monitor consumer demand as Apple ramps up for its most important product drop of the year: the September Keynote event.” For more information, visit www.Apple.com.…

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TuesdayJun 23, 2020 2:58 pm

NetworkNewsBreaks – Immunic, Inc. (NASDAQ: IMUX) Secures $25M in Follow-On

Immunic (NASDAQ: IMUX), a clinical-stage biopharmaceutical company focused on developing best-in-class, oral therapies for the treatment of chronic inflammatory and autoimmune diseases, recently closed a public offering resulting in gross proceeds of roughly $25 million. The offering was comprised of 2,175,000 shares of common stock sold at the public offering price of $11.40 each. Immunic intends to utilize the proceeds toward general corporate purposes, funding the ongoing clinical development of its three small molecule products, IMU-838, IMU-935 and IMU-856, and toward examining its lead asset, IMU-838, as a potential oral treatment option for COVID-19. ROTH Capital Partners acted as lead…

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TuesdayJun 23, 2020 1:00 pm

NetworkNewsBreaks – Ideanomics’ (NASDAQ: IDEX) MEG Secures Order for 200 Electric Vehicles

Ideanomics (NASDAQ: IDEX) on Monday announced that its subsidiary Mobile Energy Global (“MEG”) has secured an order from the city of Neijiang in Sichuan Province. According to the update, the order is for a total of 200 electric vehicles (“EVs”) valued at RMB 24 Million, or USD 3.2 Million, or approximately USD 16,000 per vehicle. The order will be fulfilled with Dongfeng Liuzhou S50EV models and delivery of the vehicles to Neijiang City is expected to be completed mid-July, subject to final negotiations with manufacturers, financing, government licensing, etc. To view the full press release, visit http://nnw.fm/oo9Jj About Ideanomics Ideanomics…

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TuesdayJun 23, 2020 12:40 pm

NetworkNewsBreaks – Wrap Technologies, Inc.’s (NASDAQ: WRTC) BolaWrap at Forefront of Conversations as Agencies Reevaluate Use of Force Methods, Tools

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced its receipt of more than 100 requests for BolaWrap demonstrations and training in the last month. According to the update, an additional 36 agencies have applied for grant assistance since the June 4 debut of the Grant Assistance Program. "Agencies have been reevaluating their use of force methods and tools during encounters with subjects who need to be detained," Wrap Technologies Chief Operating Officer Mike Rothans said in the news release. "BolaWrap is at the forefront of conversations, as our remote restraint device is the only tool on…

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TuesdayJun 23, 2020 12:15 pm

NetworkNewsBreaks – Trxade Group, Inc. (NASDAQ: MEDS) Selected for Inclusion on the Russell Microcap Index

Trxade Group (NASDAQ: MEDS), an integrated drug procurement, delivery and healthcare platform, today announced that it has been selected to be added to the Russell Microcap Index at the conclusion of the 2020 Russell indexes annual reconstitution. According to a preliminary list of additions posted June 5, 2020, Trxade Group’s membership will be effective after the U.S. market opens on June 29, 2020. Russell Microcap Index membership, which remains in place for one year, ensures automatic inclusion in the appropriate growth and value style indexes. "We are pleased to be added to the Russell Microcap Index, raising Trxade Group's visibility…

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TuesdayJun 23, 2020 11:54 am

NetworkNewsBreaks – National Storm Recovery (NSRI) CEO Discusses Exceptional Q1 Financial Results, Opportunities in Exclusive Interview

National Storm Recovery Inc. (OTC: NSRI) today announced that its CEO, Tony Raynor, was featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Raynor discussed National Storm Recovery’s exceptional financial results for the quarter ended March 31, 2020, and also examined potential opportunities for growth as the Atlantic hurricane season continues to ramp up. “We study these weather trends. In April, they set records across the world according to the National Oceanic and Atmospheric Administration (NOAA), and 2020 is set to…

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TuesdayJun 23, 2020 11:30 am

NetworkNewsBreaks – Sugarmade, Inc. (SGMD) Announces Plans to Expand into Cannabis Cultivation in Verticalization of BudCars Model

Sugarmade (OTCQB: SGMD), together with its BudCars Cannabis Delivery Service (“BudCars”), today announced that the Company is submitting an application to the California Bureau of Cannabis Control to expand into cannabis cultivation as part of a strategic plan to partially verticalize its BudCars model, a process that management strongly believes will further increase the Company’s gross profitability over the long-term and provide a rapid potential path to branded product development. According to the update, the Company has already secured a property containing a 5,000 square-foot indoor premium cannabis cultivation facility located in very close proximity to its Sacramento BudCars hub.…

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TuesdayJun 23, 2020 10:38 am

NetworkNewsBreaks – Willow Biosciences Inc. (TSX: WLLW) (OTCQB: CANSF) Appoints New SVP to Lead Sales and Marketing of New Line of Cannabinoids

Willow Biosciences (TSX: WLLW) (OTCQB: CANSF) on Monday announced that Christopher Speed has joined the Company as Senior Vice President, Sales and Marketing, effective July 1, 2020. In this role, Speed will be responsible for leading the sales and marketing of Willow's new line of cannabinoids, along with the Company's strategic planning and customer initiatives. “We are very excited to have Chris join our team,” Trevor Peters, president and CEO of Willow, stated in the news release. “His expertise and experience in sales and marketing along with his strong background in the ingredients space with consumer packaged goods will be…

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TuesdayJun 23, 2020 10:05 am

NetworkNewsBreaks – Canopy Rivers Inc.’s (TSX: RIV) (OTC: CNPOF) Most Recent Addition to Portfolio of Disruptive Cannabis Companies Receives Health Canada License

Canopy Rivers (TSX: RIV) (OTC: CNPOF) on Monday announced that the most recent addition to its portfolio of disruptive cannabis companies, Dynaleo Inc., has received its Standard Processing License from Health Canada. According to the update, this follows the completion and commissioning of Dynaleo's 27,000 square foot purpose-built facility and is a key milestone as it aims to ramp up production of white label gummies for the Canadian recreational market. "We are thrilled with the momentum at Dynaleo," Narbé Alexandrian, president and CEO of Canopy Rivers, stated in the news release. "Data shows that the total addressable market for edibles,…

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