NetworkNewsBreaks

ThursdayOct 13, 2022 1:14 pm

NetworkNewsBreaks – REZYFi Inc. Looking to Fill Financial Services Vacuum for Cannabis Industry

REZYFi is a real estate-oriented loan origination and servicing company serving the needs of both traditional and non-traditional consumers and businesses. “With top U.S. banks and payment companies adhering to federal law [which criminalizes the possession and use of cannabis], they have opted out of serving cannabis companies.’ This had long starved companies of the ability to transact electronically, take out loans and make deposits. However, the situation is changing for the better thanks to financial services companies like REZYFi that have emerged to cater to the cannabis industry,” reads a recent article, which contains excerpts from a Financial Times…

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ThursdayOct 13, 2022 12:40 pm

NetworkNewsBreaks – Coyuchi Inc. Engages IBN for Corporate Communications Expertise

Coyuchi, the gold standard in sustainable luxury home goods, today announced that it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and public entities. Coyuchi offers sustainably produced luxury organic bedding, sheets, towels, apparel and other products for the environmentally conscious home. With a timeless, coastal-inspired aesthetic, the company manufactures all of its textiles with only 100% organic cotton materials. “Coyuchi has a 30-year track record of sustainability and a seasoned leadership team in place that is poised to propel a new phase of growth as the rest of the world finally…

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ThursdayOct 13, 2022 11:36 am

NetworkNewsBreaks — HeartBeam Inc. (NASDAQ: BEAT) to Participate at Upcoming LD Micro Main Event XV Conference

HeartBeam (NASDAQ: BEAT), a cardiac technology company that has developed the first and only 3D-vector ECG platform for heart attack detection anytime, anywhere, is slated to present at this month’s LD Micro Main Event XV Conference. Scheduled for Oct. 25–27, 2022, the three-day event will be held in Los Angeles. HeartBeam CEO and founder Branislav Vajdic, PhD, will present live during the conference. His presentation will begin at 7:30 p.m. ET on Oct. 25 and can be viewed in person or online. A replay of the presentation will also be available following the event on the HeartBeam investor relations website.…

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ThursdayOct 13, 2022 10:19 am

NetworkNewsBreaks – Hillcrest Energy Technologies Ltd. (CSE: HEAT) (OTCQB: HLRTF) Enters Strategic Development MOU

Hillcrest (CSE: HEAT) (OTCQB: HLRTF), a clean technology company developing transformative power conversion technologies and control system solutions for next-generation electrical systems, today announced its entry into a memorandum of understanding (“MOU”) with Hercules Electric Mobility Inc., a company focused on bringing customizable electric mobility products to market. Under the terms of the MOU, the companies will collaborate on a project to build, test and potentially commercialize a system that includes a Hillcrest 250-kilowatt, 800-volt inverter optimized for a Hercules electric powertrain. The companies will collaborate on a series of configurations using the Hillcrest inverter in the Hercules electric propulsion…

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ThursdayOct 13, 2022 9:59 am

NetworkNewsBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Posting Increasing Revenues Quarter after Quarter on Strengths of Its B2B, B2C Platforms

Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, currently supports over 645 operators and 6.8 million players in its B2B business and over 229,000 players in its RKings B2C segment. “GMGI’s next generation GM-Ag System – the industry standard – provides access to 10,000+ games while simplifying payment options via seamless integrations with third-party platforms and digital wallets,” a recent article reads. And as the iGaming market continues its rapid pace, Golden Matrix continues to ride the rising wave of industry growth with non-stop consecutive profitable quarters and record-breaking quarterly revenues. “Our…

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WednesdayOct 12, 2022 4:04 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Signs Acquisition Deal; CEO Featured in Leadership Interview

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots, announced that it has entered a definitive agreement for the acquisition of CASE Emergency Systems. The transaction is expected to close later this month. According to the announcement, Knightscope is making the strategic move to boost revenues and expand its ability to make a positive impact on the safety of communities nationwide. A leader in blue-light emergency phones and an innovator in next-generation wireless emergency communications technology, CASE gives Knightscope a strategic entry into a nationwide market. Last year, CASE reported profitable revenue of more than $5.4 million. The planned…

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WednesdayOct 12, 2022 2:59 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Partnering to Expedite Exports, Increase Global Market Penetration of Colombian Cannabis Goods

Flora Growth Corp. (NASDAQ: FLGC), a global cannabis brand builder, is increasing the strengths of its supply chain, centered in its 100-hectare (about 247-acre) cultivation facility located in the heart of Colombia’s green climate, by finalizing a three-year distribution agreement with the Misak indigenous tribe’s pharmaceutical arm. “Pharma Indigena Misak Manasr Sas, referred to simply as Manasr, is the tribe’s pharmaceutical enterprise, which in 2020 became the first native community business to receive a license from the national Ministry of Justice for producing legal cannabis for medicinal and scientific use... Flora Growth will assist the tribe with regulatory advice, as…

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WednesdayOct 12, 2022 2:47 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Portfolio Data to Improve Efficiency, Profit Margins, Top-Line Sales

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, is well poised as the California government shows support for the cannabis industry. “As the California legislature ended its session last month, more than a dozen cannabis reform bills were approved and sent to Governor Gavin Newsom for his consideration; ultimately, the governor signed 10 of them… According to the governor’s office, these bills ‘build on the administration’s efforts to strengthen California’s cannabis legalization framework. As part of this year’s state budget, the governor signed legislation to provide tax relief to consumers and the cannabis industry; support equity businesses;…

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WednesdayOct 12, 2022 2:35 pm

NetworkNewsBreaks – Industrial Nanotech Inc. (INTK) Launches New Insulation Product for High-Temp, Energy Intensive Equipment

Industrial Nanotech (OTC: INTK), a global nanoscience solutions and research leader, today announced its launch of SteelTile(TM) (U.S. and international patents pending), a new extreme high-temperature thermal insulation product for use on steel mill furnaces and other high-temperature, energy intensive industrial equipment. The company’s first specification, prepared for US Steel, shows $1,722,220.81 in annual energy savings for just one of their large steel mill furnaces. SteelTile(TM) for that large furnace cost the customer $1,129,944.00, reflecting a payback period of 7.87 months for the customer to recoup their initial investment and a savings of $1,722,220.81 per every 12-month period thereafter. “We…

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WednesdayOct 12, 2022 1:00 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) Issues September 2022 Production and Post Ethereum Merge Corporate Updates

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBFA) today provided a corporate post Ethereum merge update and announced the production figures from the company's global Bitcoin and Ethereum mining operations for the month of September 2022. According to the announcement, HIVE has a BTC HODL balance of 3,350 Bitcoin and 356 Ethereum as of Sept. 30, 2022. “Using our returns on invested capital from the Ethereum mining business, which had higher gross mining margins than the Bitcoin mining business, HIVE expanded our Bitcoin mining ASIC hashrate and daily production, thus allowing us to grow our Bitcoin HODL to over…

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