NetworkNewsBreaks

MondayJan 24, 2022 9:57 am

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Plans Audits, Announces Agreement with CPA Firm

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, has retained the services of CPA firm Paris, Kreit & Chiu LLP. INND has contracted with the firm to perform independent audits of its 2019, 2020 and Q1–Q3 2021 financial statements. According to the announcement, once the audits are completed and submitted to the required agencies, InnerScope anticipates filing a Form-10 or S-1 to become an SEC fully reporting company. “InnerScope is pleased to announce the company has formally retained CPA firm Paris, Kreit & Chiu LLP to conduct an independent audit of our…

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FridayJan 21, 2022 2:18 pm

NetworkNewsBreaks – Flora Growth Corp.’s (NASDAQ: FLGC) Products Ready for New International Markets

Flora Growth Corp. (NASDAQ: FLGC) is entering 2022 with momentum from the past year’s aggressive growth campaign for its global cannabis-derivative brand distribution of pharmaceuticals, cosmetics and nutraceuticals. While the COVID-19 pandemic has had a deleterious effect on the global sustainability agenda, Flora Growth has prioritized value-chain sustainability among each of its brands, acting at a local level to establish products that will have a beneficial effect on communities and the world at large. Flora’s core product, organic cannabis oil, comes from an inherently sustainable process at the company’s cultivation site in central Colombia. “The company recently began filling the…

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FridayJan 21, 2022 2:05 pm

NetworkNewsBreaks – LQwD Fintech Corp.’s (TSX.V: LQWD) (OTCQB: LQWDF) PaaS Empowering Institutions, Businesses, Investors

LQwD Fintech’s (TSX.V: LQWD) (OTCQB: LQWDF) co-founder, chairman and CEO Shone Anstey was recently featured in a Gamechangers LIVE(R) podcast episode where he shared his background in the cryptocurrency industry and offered insight into Bitcoin’s Lightning Network. A recent article quotes Anstey as saying, “The Lightning Network solves Bitcoin’s scalability issue. At seven transactions per second, Bitcoin is very slow and very secure. If you want to transfer $100 million worth of Bitcoin, the main network is absolutely acceptable, but if you want to use Bitcoin every day for coffee or purchases or remittances of smaller denominations, the Lightning Network…

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FridayJan 21, 2022 1:52 pm

NetworkNewsBreaks – InnerScope Hearing Technologies Inc. (INND) Sets Sights on Emerging Market Opportunities

InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, is set to benefit as hearing issues represent a substantial market in the U.S. and globally. Up until recently, a prescription was required for hearing aids in the U.S., a country where roughly one in eight people over the age of 12 have hearing loss. To that point, only about 16% of Americans aged 20-68 who could benefit from hearing aids have ever used them, a figure that jumps to about 30% among people over age 70. “InnerScope is aiming to break the…

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FridayJan 21, 2022 12:57 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Further Verticalizing Model to Drive Shareholder Value Through Margin Gains

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, has made significant progress toward its goal of becoming a central player in the growing California cannabis space. Sugarmade recently announced that its wholly-owned subsidiary, Lemon Glow Company, has received a conditional use permit (“UP”) number from the Community Development Department of Lake County, California — an important step toward full approval to cultivate cannabis on the property. The Lemon Glow property has an annual potential cultivation yield that could reach as much as 4,000 pounds of dry trimmed cannabis flower per acre, or approximately 128,000 pounds or 64…

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FridayJan 21, 2022 12:40 pm

NetworkNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expected to Benefit as Investors Seek Alternatives to Cash

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid the price rally experienced within the precious metals market following a rise in inflation. December numbers released by the Bureau of Labor Statistics showed the U.S. inflation rate rose to 6.8%, its highest point since 1982, on the back of higher housing, food and gas prices. Earlier in November, in spite of normal and expected ups and downs, gold prices rallied to a near-five-month high after consumer price data prompted people to buy gold as a hedge against inflation. “Economists expect that strong inflation will continue to drive buyers into gold……

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FridayJan 21, 2022 11:55 am

NetworkNewsBreaks – FuelPositive Corporation (TSX.V: NHHH) (OTCQB: NHHHF) Poised as First Prototype of Green Ammonia System Readies for Deployment

FuelPositive (TSX.V: NHHH) (OTCQB: NHHHF) is readying the first prototype of its proprietary green ammonia (“NH3”) system for deployment in the summer of 2022. This comes as green NH3 gains attention as a solution to CO2 emission problems associated with fossil-fuel-dependent industries such as aviation. FuelPositive’s system produces green ammonia from sustainable electricity, water and air at a fraction of the cost of delivering traditionally produced (“grey”) NH3. It also requires less energy to produce green NH3 on-site, as needed. “In August 2020, a consortium made up of the United Kingdom’s Science and Technology Facilities Council (‘STFC’) and Reaction Engines…

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FridayJan 21, 2022 11:41 am

NetworkNewsBreaks – Nowigence Inc.’s Pluaris(TM) Platform Enabling Users as AI Gains Steam

Nowigence, a fast-growing software-as-a-service (“SaaS”) company that has developed an innovative, ready-to-use artificial intelligence (“AI”) platform called Pluaris(TM), is establishing a stronghold in the burgeoning AI space. Accelerated by the global pandemic, the adoption of AI is gaining steam, with 2022 projected to be a year when AI becomes a mainstream technology. “Nowigence’s Pluaris is a cloud-based app created for just this time and place, enabling users to read more in less time. The innovative platform allows individuals, teams and enterprises to quickly evaluate and analyze knowledge from massive amounts of public and private textual data,” reads a recent article.…

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FridayJan 21, 2022 10:56 am

NetworkNewsBreaks – DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF) Featured in Broadcast Discussing Successful Close of SEBA Bank Funding

DeFi Technologies Inc. (NEO: DEFI) (GR: RMJ.F) (OTC: DEFTF), a digital asset investment firm bridging the gap between traditional capital markets and decentralized finance, is featured in a NetworkNewsAudio (“NNA”) release. The audio press release covers the recent closing of a CHF110 million Series C funding round into SEBA Bank; the bank is a fully integrated, FINMA-licensed digital assets banking platform. According to the release, the funding was co-led by DeFi Technologies, which made an investment of CHF25 million. As a result of that investment, DeFi Technologies will be allotted a seat on SEBA Bank's board of directors. Other funding…

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ThursdayJan 20, 2022 1:26 pm

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Partner Submits NNCP to Health Canada

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, has announced that its licensed distribution partner, Medz Cannabis, has filed a Notice of New Cannabis Product (“NNCP”) with Health Canada. GPFT noted that once approval of the NNCP is received, the company could sell its patented Hourglass(TM) Time Release THC+CBD-Infused Topical Delivery Cream to licensed retail outlets throughout Canada. Calling its Hourglass delivery cream system a “truly disruptive technology that has fundamentally changed the way humans safely ingest THC, CBD and other cannabinoids,” Grapefruit noted that its Hourglass products work without the associated health risks from smoking or orally ingesting THC…

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