NetworkNewsBreaks

WednesdayFeb 05, 2020 9:32 am

NetworkNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Subsidiary Modifies TerrAscend Canada Loan Terms

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, this morning announced that Canopy Rivers Corporation, a wholly-owned subsidiary of the company, has amended the terms of its recent US$10 million loan to TerrAscend Canada Inc., a wholly‑owned subsidiary of TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF). The loan, announced October 2, 2019, included the purchase of 13,243 units, each of which was comprised of: (i) one unsecured convertible debenture of TerrAscend Canada with a principal amount of C$1,000 (the "debentures"), and (ii) 25.2 common share purchase warrants to purchase common shares of TerrAscend with an exercise…

Continue Reading

TuesdayFeb 04, 2020 3:27 pm

NetworkNewsBreaks – Darling Ingredients, Inc.’s (NYSE: DAR) Index Swap, Valero DGD Read-Through Record Results Featured in ROTH Equity Research Report

Darling Ingredients (NYSE: DAR) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Valero's (VLO-NC) reported results this morning included operating detail for the Diamond Green Diesel (DGD) JV with Darling showing record results. DGD had record sales of 76.8m gal [implying 112% utilization], above our 65m forecast, and 56m in 3Q19. EBITDA/gal was $2.57, or $1.57 excluding the BTC. The Move of Darling up to the S&P Mid Cap 400 (from the S&P Small Cap 600) is creating volatility, we see as a buying opportunity.” To request access to the full…

Continue Reading

TuesdayFeb 04, 2020 2:55 pm

NetworkNewsBreaks – Cree, Inc. (NASDAQ: CREE) Mixed F2Q20 Results, CAPEX Increase Featured in ROTH Equity Research Report

Cree (NASDAQ: CREE) was featured in a recent Equity Research Report published by ROTH Capital Partners, LLC. The report reads, “Cree posted mixed F2Q20 results, largely inline with estimates. Mgmt is positioning conservatively on the extended Lunar holiday in China, but F3Q20 (Mar) guide would already have been tepid. FY20 CAPEX is pulled forward to serve specific customer programs. Yield issues at Wolfspeed remain a headwind after moving MOSFET production to 150mm wafers, but some progress was noted. We maintain our Buy rating in the context of Cree's leadership in SiC materials and devices, driven by EVs and other applications.”…

Continue Reading

TuesdayFeb 04, 2020 2:40 pm

NetworkNewsBreaks – NetworkNewsWire to Serve as Official Newswire of FFCON20: RISE

NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company and part of the InvestorBrandNetwork (“IBN”), today announced its continued collaboration with the National Crowdfunding & Fintech Association (“NCFA”) and Toronto Finance International (“TFI”). NNW will serve as the official newswire partner for FFCON’s sixth annual Fintech & Funding Conference and Expo - FFCON20: RISE. The event, co--hosted by NCFA and TFI and designed to focus on challenging and growing the Canadian fintech industry and bringing markets to life, is slated to take place March 23–24 in Toronto. “We are pleased to be the official newswire of FFCON20: RISE and to…

Continue Reading

TuesdayFeb 04, 2020 2:16 pm

NetworkNewsBreaks – Visual Capitalist Shares Visualization Depicting the Expanse of the EFT Universe

A recent Visual Capitalist publication titled “Visualizing the Expanse of the ETF Universe” by Jeff Desjardins discusses exchange-traded funds (“ETFs”), an innovative new financial technology that emerged out of the early 1990’s index investing phenomenon. The article shares a macro breakdown of “galaxies” and a visualization of the wide scope of assets covered by the EFT universe. The data visualization came to Visual Capitalist from iShares by BlackRock, which is well known for iShares Core S&P 500 ETF (NYSE: IVV), iShares Core U.S. Aggregate Bond ETF (NYSE: AGG) and other large funds. The article reads, “While the sheer scale of…

Continue Reading

TuesdayFeb 04, 2020 1:13 pm

NetworkNewsBreaks – Cannara Biotech Inc. (CSE: LOVE) (OTCQB: LOVFF) (FRA: 8CB) Receives Cultivation License for Purpose-Built Farnham Facility

Cannara Biotech Inc. (CSE: LOVE) (OTCQB: LOVFF) (FRA: 8CB), an emerging vertically integrated cannabis company focused on indoor cultivation, processing and medical sale of premium dried cannabis and cannabis derivatives under The Cannabis Act, recently announced the receipt of its cultivation license from Health Canada for Phase 1 of its purpose-built Farnham Facility, in Québec. "After many months of diligent preparation, today's milestone will allow us to start cultivation immediately and to advance our goal of becoming the premiere grower of cannabis in Québec and in due course, the rest of Canada," Cannara Biotech (Quebec) Inc. COO Barry Laxer said…

Continue Reading

TuesdayFeb 04, 2020 12:39 pm

NetworkNewsBreaks – Reynolds Consumer Products Inc. (NASDAQ: REYN) Goes Public with IPO

Reynolds Consumer Products Inc. (NASDAQ: REYN) was highlighted in a recent article on Fox Business Network that addressed the wrapping of its portfolio into a initial public offering that could raise up to $1.52 billion. According to a regulatory filing, Reynolds offered just over 47 million shares at $26 per share, on the low side of the initial price range of $25-$28 per share. Per the update, that would value the company, which sells cooking, waste and storage products through brands including Reynolds(R) and Hefty(R), at $5.3 billion. To view the full press release, visit http://nnw.fm/kDnp1 About Reynolds Consumer Products…

Continue Reading

TuesdayFeb 04, 2020 12:00 pm

NetworkNewsBreaks – No Borders, Inc. (NBDR) Files First Blockchain Provisional Patent for its CBD LabChain Platform

No Borders (OTC: NBDR) today announced that it has successfully filed the first blockchain provisional patent for its CBD LabChain platform. According to the update, the provisional patent, registered as Application Serial #62969531 with the USPTO on Feb. 3, 2020, now allows NBDR’s CBD LabChain platform to operate with “Patent Pending” identifiers and messaging. This marks the very first Patent Pending achievement for the No Borders family of companies and supports the company’s mission to impact shareholder value by building a valuable portfolio of IP assets. “It has been a long road to get to this day and I am…

Continue Reading

TuesdayFeb 04, 2020 11:21 am

NetworkNewsBreaks – Jerrick Media Holdings Inc. (JMDA) CEO Discusses Search to Expand Talented Team in Weekly Update

Jerrick Media Holdings (OTCQB: JMDA), a holding company that gives technology products the resources and opportunities to make ideas a reality, recently published a weekly update from the company’s CEO Jeremy Frommer. Among other highlights, Frommer discussed the company’s continued pursuit to expand its talented team. “We are always looking to expand our talented team. The collective group is unequivocally the biggest contributing factor to our success thus far,” Frommer states in the update. “By the same token, not having the right team in place is the primary thing that can stand in our way in the future. The search…

Continue Reading

TuesdayFeb 04, 2020 10:46 am

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) CEO Discusses Big Year, Strategic Positioning with BIGtoken and IR Products in Exclusive Audio Interview

SRAX (NASDAQ: SRAX) today announced the broadcast of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community. During the interview, SRAX CEO Chris Miglino joins NNW’s Stuart Smith to discuss the company’s milestone achievements and strategic positioning. “Last year was a big year for us as far as getting our BIGtoken product out to market and getting new products out to market in general. Both BIGtoken and our SRAX IR products came to a maturity of being able to start generating revenue this year, so…

Continue Reading