NetworkNewsBreaks Archive - Page 656 of 1742

TuesdayJul 06, 2021 10:11 am

NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Engages Eagle Brands to Launch SALT Tequila into Miami-Dade and Neighboring Markets

Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that its SALT tequila is now distributed by Eagle Brands Inc., a family owned juggernaut in the beverage distribution business. According to the update, the agreement ensures a large increase in exposure for SALT tequila, as the product will be the focus of several launch activities and events. “We’re thrilled to engage Eagle Brands to launch SALT tequila into the Miami-Dade and neighboring markets. With over 300 experienced and motivated Eagle Brands team members, we are confident SALT tequila will experience rapid market exposure under…

TuesdayJul 06, 2021 10:07 am

NetworkNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020,…

TuesdayJul 06, 2021 9:52 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based products, owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz County, California. “Over the last 15 months, Grapefruit has been hampered from effectively distributing our Hourglass topical relief cream to new retail cannabis outlets due to the COVID-19 lockdown. Now that the…

TuesdayJul 06, 2021 9:35 am

NetworkNewsBreaks – Sprout AI Inc. (CSE: SPRT) Begins Trading on Canadian Securities Exchange

Sprout AI(CSE: SPRT) announced that, as of market open today, the company’s common shares would be trading on the Canadian Securities Exchange (“CSE”). Sprout noted that it had met all requirements to be listed; Sprout shares will be trading under the trading symbol SPRT. The company noted that more information regarding the announcement was available in the final long-form prospectus of Sprout AI and the June 30, 2021, listing statement; both those files are available on the company’s SEDAR profile. “On behalf of the Sprout AI team, I’m happy to announce that we see a future where everyone has access to…

FridayJul 02, 2021 3:26 pm

NetworkNewsBreaks – Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) Featured in Mizuho Securities Research Report

Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “A key debate on Arcutis’ lead asset, topical roflumilast, has been on its market potential given the likely difficult formulary environment and cheaper generic treatments. We surveyed 20 high-volume dermatologists and, based on our proprietary work, we believe topical roflumilast has blockbuster potential given the potential best-in-class profile in three large topical dermatological markets (psoriasis, atopic dermatitis, and seborrheic dermatitis). We model risk-adjusted total roflumilast revenues of $1.42Bn in 2030 that will likely increase to >$2Bn (unadj) as…

FridayJul 02, 2021 12:55 pm

NetworkNewsBreaks – Airbnb Inc. (NASDAQ: ABNB) Featured in Simply Wall St Journal

Airbnb (NASDAQ: ABNB), a San Francisco, California-based vacation rental and online marketplace company, was featured in this week’s Simply Wall St Journal. The piece explores the structures of Airbnb’s ownership and share registry as the company embarks on multiple travel-related ventures to expand its relevance and dominance. “Airbnb is heavily influenced by the locked-in insider ownership. The effective absolute power of management can be viewed as an additional fixed cost for the company — Great to have in good times and while making smart decisions, but exacerbated if implementing bad projects and decisions,” the publication reads. “On the positive side,…

FridayJul 02, 2021 11:42 am

NetworkNewsBreaks – BevCanna Enterprises Inc. (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) in Strong Position to Build TRACE Brand

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), a diversified health and wellness beverage and natural products company, is staking target of the burgeoning alkaline water market with its TRACE line of products, which include natural spring alkaline water and plant-based mineral water. “What is not up for debate is the very real category growth of alkaline water,” reads a recent article. “Alkaline water is an emerging category that has caught consumer attention in the last decade, growing from a $325 million market in 2013 to $631 million in 2017, on a path to contribute billions to the broader global…

FridayJul 02, 2021 11:26 am

NetworkNewsBreaks – Pac Roots Cannabis Corp. (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) Raising Quality Bar with Focus on Cutting-Edge Techniques

Pac Roots (CSE: PACR) (OTCQB: PACRF) (FSE: 4XM) has sought to address the poor reputation of legal Canadian marijuana through a relentless focus on cutting-edge cultivation techniques, thereby raising the quality bar. This distinction sets the company apart as, despite recreational marijuana being legalized across Canada in October of 2018, legal recreational sales have been slow to take off. “A Canadian government survey released in February 2021 found that 40% of country’s marijuana consumers admitted to having obtained the drug illegally since legalization – largely a result of the poor quality inherent to legal produce as well as a distinct…

FridayJul 02, 2021 11:13 am

NetworkNewsBreaks – Hero Technologies Inc.’s (HENC) Portfolio Leverages Premium Cultivation and Retail Assets

Hero Technologies (OTC: HENC) appears to be ideally positioned in the growing U.S. and Michigan recreational and medical marijuana markets. In Michigan, the state’s sales hit a record $115.4 million in March, a more than twofold increase over March 2020. Meanwhile, the U.S. markets are on a trajectory to reach up to $45.9 billion in annual sales by 2025, or as much as twice the level of sales projected this year. “We are growers and cultivators, developers, builders, engineers, marketers, managers all here to serve Hero Technologies Inc. as we rapidly develop the largest vertically integrated cannabis company the world…

FridayJul 02, 2021 10:40 am

NetworkNewsBreaks – Predictive Oncology Inc. (NASDAQ: POAI) Bringing Researchers Next-Level Tools for Hard-to-Treat Diseases

Predictive Oncology (NASDAQ: POAI), a knowledge-driven company focused on applying artificial intelligence (“AI”) to personalized medicine and drug discovery, is looking to give oncology drug developers an upper hand, thereby increasing the chances of the drugs’ success from the onset. “Raising the success rate for experimental cancer drugs starts in the laboratory, where leading-edge technology could be instrumental in providing prescient insights that ultimately result in better clinical outcomes,” reads a recent article. TumorGenesis, a subsidiary of POAI, has partnered with Swedish cell culture system company Cellevate AB. “The collaboration will involve using TumorGenesis’ expertise in cancer cell culture growth…

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