NetworkNewsBreaks Archive - Page 395 of 1737

MondayMay 23, 2022 11:02 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Acquisition of Masaya CB Brand

Flora Growth (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, has signed an agreement to acquire Masaya and its patent-pending CBD formulations, including Masaya Pure. The agreement was made with leading cell biologist Dr. Annabelle Manalo-Morgan, PhD, who created and owns the brand; Manalo-Morgan is a member of Flora Growth’s board of directors and is the company’s scientific advisor. According to the announcement, Masaya’s exclusive CBD oil formulations contain no THC and have garnered numerous testimonials. The brand will be the first offering from Flora Life Sciences in the United States, and the…

MondayMay 23, 2022 10:44 am

NetworkNewsBreaks – SportsCast to Showcase Innovative Approach to Sports Collectibles at Upcoming Events

SportsCast is a first-of-its-kind provider of digital sports memorabilia that is transforming sports collectibles by fusing ingenious original artwork digital cards with captivating athlete-created video content together in unique, highly collectible NFTs. SportsCast today announced its participation in the upcoming Podfest Expo and Florida Bitcoin & Blockchain Summit events taking place on May 26-29 in Orlando, Florida. “SportsCast was born as a way to combine the development opportunities presented by web3 with our considerable expertise in athlete management. I’ve been in the sports business space for 25 years, and this is something special,” said Garrick Dorn, managing partner of SportsCast. “We couldn’t be more pumped…

FridayMay 20, 2022 3:11 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc.’s (CIPI) Sought-After Solutions Offering Infinite Returns

Correlate Infrastructure Partners’ (OTCQB: CIPI) services are designed to solve key challenges for private real estate investment groups across the United States. “[The groups] are experiencing volatile energy costs that are adversely affecting their profitability and need a real strategy and execution vehicle to reduce their greenhouse gas (‘GHG’) emissions. We believe that our solutions solve [these] two problems for our clients, while conforming to their corporate procurement rules. It’s a true game changer for those on the sidelines looking to catch up,” a recent article quotes the company’s CFO Channing Chen as saying. CIPI, which offers solutions that focus…

FridayMay 20, 2022 2:39 pm

NetworkNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Plans Product Expansions Designed for the Metaverse Experience

Kronos Advanced Technologies (OTC: KNOS), a revenue-generating product development and production company that has significantly changed the way air is moved, filtered and disinfected, last year announced plans to build an e-commerce metaverse store. “According to the announcement, the company noted that as more retailers accelerate their digital transformation, the metaverse has the potential to enable customers to meet up in digital environments, make the shopping experience more comfortable with the use of avatars, and facilitate creative collaboration between customers and companies. One of the earliest companies to design and open its own metaverse store, Kronos noted the similarity with…

FridayMay 20, 2022 2:28 pm

NetworkNewsBreaks – Friendable Inc. (FDBL) Eyes Consistent Growth of 360 Artist Platform

Friendable (OTC: FDBL) has seen consistent growth across all facets of the business since acquiring Artist Republik, including FeaturedX, in January 2022. “The company has recently reported on its first 100 days of growth for its 360 artist platform offering with a lot of the increase in numbers being closely attributed to Friendable’s Fan Pass Live artist platform taking the Artist Republik brand under its wing and successfully upgrading systems, rebuilding technologies, migrating/consolidating support, cross-promoting the entire 360 artist offering, and integrating brand messaging,” a recent article reads. “The company’s efforts have led to visible key indicators of growth and…

FridayMay 20, 2022 2:00 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Dynamic Short- and Long-Term Strategies to Gain Market Share

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, last year completed the acquisition of Lemon Glow. The move, according to Sugarmade CEO Jimmy Chan, was part of the company’s efforts to set the stage to improve margins, expand end-market access, and grow, refine, produce, and distribute in the largest and fastest-growing cannabis market on the planet. “The acquisition was designed to position the company to achieve that objective with a significant capacity to scale as demand for California-grown cannabis is expected to increase when federal legalization takes place,” a recent article reads. For the 2022 cannabis cultivation…

FridayMay 20, 2022 1:46 pm

NetworkNewsBreaks – SPYR Technologies (SPYR) Exploring AI, Targeting Expansion to Stay Ahead of Competition

SPYR (OTCQB: SPYR) is dedicated to identifying and targeting acquisitions that aid in growing its overall market reach and industry footprint, as evidenced by its 2020 acquisition of Applied Magix Inc. The company, which develops and resells Apple(R)- ecosystem-compatible products through its subsidiary, in line with its focus on the multibillion-dollar internet of things (“IoT”) smart home and connected car markets, is also exploring new ways to improve its offerings, stay ahead of its competition, and increase customer satisfaction. “One avenue that it seeks to venture into is artificial intelligence (‘AI’). SPYR just announced that Applied Magix is exploring AI…

FridayMay 20, 2022 12:15 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Continues Push Toward Strong Lightning Network Presence

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, recently launched an additional node in India. LQwD also reported that all ten of its operational Lightning Network nodes had completed over 10,000 transactions forwarded. “The current nodes and channels offered by LQwD include India, France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, and the U.S. The company has used its own reserve of Bitcoin assets to facilitate a presence on the Lightning Network,” reads a recent article. “We are experiencing excellent transaction growth since launching our first nodes…

FridayMay 20, 2022 12:11 pm

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Releases Update on Incidents Involving Hosting Partners’ Operations

Bit Digital Inc. (NASDAQ: BTBT), a Bitcoin mining company headquartered in New York, has released information about its hosting partners operations. According to the announcement, company officials have become aware of two incidents impacting operations of its hosting partners: Blockfusion USA and Digihost Technology Inc. The company noted that Blockfusion’s Niagara Falls facility was damaged by an explosion and ensuing fire. As a result, power was cut off to some 2,515 BTBT Bitcoin miners as well as an estimated 710 ETH miners that had been operating at the facility just before the explosion. Based on the update, no material damage to…

FridayMay 20, 2022 11:30 am

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Scheduled Release of Q1 2022 Financial Results

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced plans to release its unaudited financial results for the first quarter ended March 31, 2022. According to the update, the results will be announced before the U.S. market open on Friday, May 27, 2022. To view the full press release, visit https://nnw.fm/ysxFC About BIT Mining Limited BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool and data center operation. The company owns the world’s top blockchain browser BTC.com and the…

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