NetworkNewsBreaks Archive - Page 1342 of 2152

TuesdaySep 22, 2020 10:24 am

NetworkNewsBreaks – The Supreme Cannabis Company Inc. (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1) Announces Revision of Three-Year Term Credit Facility

The Supreme Cannabis Company (TSX: FIRE) (OTCQX: SPRWF) (FRA: 53S1), a global diversified portfolio of distinct cannabis companies, products and brands, announced that it has amended its existing credit facility with its lenders; the original agreement was initially announced on Nov. 14, 2019. The new amended agreement notes that SPRWF has secured a 12-month deferral of its financial covenants related to fixed-charge coverage ratio and leverage to begin in the quarter ending March 31, 2022. The agreement also stipulates that new covenants regarding minimum liquidity and EBITDA will be tested in the interim. SPRWF has also agreed to a 75 basis…

TuesdaySep 22, 2020 9:54 am

NetworkNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Marks Operations Commencement at First-Of-Its-Kind Plant

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, on Monday marked the official commencement of operations at its Arkansas LiSTR Direct Lithium Extraction facility with a virtual ribbon-cutting ceremony and video walk-through tour of the plant. Local officials, including Arkansas Governor Asa Hutchinson, Senators John Boozman and Tom Cotton, and Representative Bruce Westerman joined Standard Lithium CEO Robert Mintak and LANXESS Corp. CEO and President Antonis Papadourakis for the virtual event. A recording of the event is available on the company’s website, YouTube channel and its other social media outlets. “It was…

TuesdaySep 22, 2020 9:38 am

NetworkNewsBreaks – Adobe Inc. (NASDAQ: ADBE) Featured in Analysis Report

Adobe (NASDAQ: ADBE) was featured in a recent analysis report that dubbed the company, “king of content creation” and discussed soaring of its Q2 earnings, bolstered by pandemic-led demand. The report, written by LikeFolio Founder Andy Swan, reads, “subscription sales rose 17% YoY as consumers searched for ways to conduct business all digital (especially significant when it comes to documents): Use of web-based PDF services + 40% QoQ; Number of documents shared in Acrobat +50% YoY; Adobe Sign, cloud-based electronic signature solution, +175% YTD; Mobile installations: Acrobat Reader +43% YoY; Adobe Scan + 66% YoY.” About Adobe Inc. Adobe, an…

TuesdaySep 22, 2020 9:24 am

NetworkNewsBreaks – FedEx Corporation (NYSE: FDX) Featured in Analysis Report

FedEx (NYSE: FDX) was featured in a recent analysis report that discussed the company’s better-than-expected profit and revenue driven by pandemic-induced home deliveries. The report, written by LikeFolio Founder Andy Swan, reads, “This boost is clearly depicted on the chart below, displaying mentions of consumers utilizing FedEx shipping services: +142% YoY. The trend mirrors an overall consumer shift to eCommerce, mentions of which have increased 66% in the last 90 days vs. prior year.” About FedEx Corp. FedEx provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $71 billion, the…

MondaySep 21, 2020 3:45 pm

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) Looks to Profitable Fall Harvest

Pac Roots (CSE: PACR), a Canadian cannabis company dedicated to producing premium-quality strains and products, focuses on its first-mover approach to produce premium-quality, industry-leading cannabis strains unavailable in the regulated market. The company’s premium-grade cannabis strains are used in a wide variety of products. Most recently, Pac Roots entered a joint venture with Rock Creek Farms to cultivate a 100-acre premium CBD hemp farm. Based on its reputation for producing unparalleled cannabis, the company currently has 100% of its next hemp harvest under sales contract at fair market value. The company’s crop is expected to come in at up to…

MondaySep 21, 2020 3:11 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Collaborates with Syngrafii Inc. to Bring New Level of Security, Simplicity to E-Transactions

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), a fintech provider disrupting the automotive industry, today announced its entry into an agreement with Syngrafii Inc. to allow consumers to quickly and efficiently sign auto leases and other documents on PowerBand's virtual transaction platform. According to the update, PowerBand will initially introduce the Syngrafii signature system on the company’s DRIVRZ Canadian division, and later expand it to DRIVRZ U.S., allowing consumers and automotive dealers to buy, sell, lease, trade and finance vehicles as easily as buying a product on Amazon. "Our partnership with Syngrafii adds another easy-to-use tool to meet PowerBand's…

MondaySep 21, 2020 2:40 pm

NetworkNewsBreaks – Exro Technologies Inc. (CSE: XRO) (OTCQB: EXROF) to Commence Trading on Canada’s Leading Exchange

Exro Technologies (CSE: XRO) (OTCQB: EXROF), a leading technology company that has developed a new class of power electronics for powertrains, today announced that it has been accepted for listing on the TSX Venture Exchange (the "TSXV"). Per the update, Exro Technologies’ common shares will commence trading on the TSXV under the symbol "EXRO" on Tuesday September 22, 2020. "The listing of our common stock on the TSX Venture Exchange is an important milestone for Exro," said Exro CEO Sue Ozdemir in the press release. "Over the last 12 months we have become a market leader in advanced power electronics…

MondaySep 21, 2020 2:11 pm

NetworkNewsBreaks – DarioHealth Corp. (NASDAQ: DRIO) and HMC HealthWorks Enter Sales and Distribution Partnership

DarioHealth (NASDAQ: DRIO), a pioneer in the global digital-therapeutics market, together with HMC HealthWorks, a 40-year veteran in health-care management with clinically-integrated models of care that reduce health-care costs and improve population health, today announced entry into a sales and distribution agreement. Under the partnership, HMC will incorporate DarioHealth's digital therapeutics solution into its care management programs on a stand-alone basis as well as for incorporation within HMC’s comprehensive solutions. "We believe that this agreement with HMC is further validation of the progress we have made in transitioning to a leading provider of digital-therapeutics solutions to payors, employers and other…

MondaySep 21, 2020 1:24 pm

NetworkNewsBreaks – Genprex, Inc. (NASDAQ: GNPX) Appoints Seasoned Biotech Executive to Advance Expanding IP Estate

Genprex (NASDAQ: GNPX), a clinical-stage gene therapy company developing potentially life-changing technologies for patients with cancer and diabetes, today announced it has named Thomas C. Gallagher, Esq. as its senior vice president of Intellectual Property and Licensing. According to the update, Gallagher has extensive experience in the area of biotechnology intellectual property (“IP”) law, business development and licensing transactions with industry and academic institutions. “Mr. Gallagher will play a critical role in advancing our expanding intellectual property estate by spearheading IP strategy, which is an important element of the company’s overall success and value creation,” said Genprex president and CEO…

MondaySep 21, 2020 12:48 pm

NetworkNewsBreaks – Wrap Technologies Inc. (NASDAQ: WRTC) Announces Successful Deployment of BolaWrap(R), Release of Bodycam Footage

Wrap Technologies (NASDAQ: WRTC), an innovator of modern policing solutions, today announced a successful deployment of the BolaWrap by St. Cloud Police Department in Florida. According to the update, the encounter was captured on an officer’s body-worn camera and can be viewed at https://nnw.fm/gIflI. “We are very pleased with our officer’s usage of the BolaWrap in this scenario, and we are very impressed with its effectiveness in the field,” said Captain Ed Mateo of St. Cloud Police Department in the press release. “The most important thing is that the subject was able to be taken into custody without injury to…

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