NetworkNewsBreaks

ThursdayJan 27, 2022 10:29 am

NetworkNewsBreaks – RYAH Group Inc. (CSE: RYAH) Announces MOU with Bazelet Pharma Ltd., Closing of Initial Tranche of Private Placement

RYAH Group (CSE: RYAH) today announced its entry into a memorandum of understanding (“MOU”) with Bazelet Pharma Ltd. and affiliates (together, “Bazelet”), the largest medical cannabis processing company in Israel, serving thousands of patients. According to the update, the collaboration is aimed at servicing Bazelet's patients using RYAH Smart Inhalers and data analytics, once certified as a medical device in Israel, with the goal of providing safe and accurate patient inhalation therapies in plant medicine. “Bazelet brings extraordinary depth and expertise within a well-established and fast-growing medical cannabis market. We're excited to be collaborating with Bazelet in bringing our smart…

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WednesdayJan 26, 2022 1:37 pm

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Strategically Pursuing Vertical Integration

Red White & Bloom Brands (CSE: RWB) (OTCQX: RWBYF) is riding the popularity of its trademarked Platinum Vape to remarkable revenue growth, recording a 93% year-over-year increase in its recently released third-quarter financial report. “The financial results note that the majority of the company’s revenue comes from sales of cannabis finished products through third-party wholesaling to retailers, delivering quarterly revenue of $11.8 million and EBITDA of $5.9 million that reverses an EBITDA loss of $5.8 million in Q3 2020 for a gain of $11.9 million,” reads a recent article, which also includes comments by RWB chairman and CEO Brad Rogers…

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WednesdayJan 26, 2022 1:24 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Marks Significant Milestone as It Seeks to Execute Ambitious Growth Strategy

FingerMotion (NASDAQ: FNGR) recently received approval for its application for up-listing to the Nasdaq Capital Market and subsequently commenced trading on Dec. 28, 2021, under the symbol FNGR. FingerMotion’s listing marks a significant milestone, particularly as it seeks to execute its ambitious growth strategy for the 2022 calendar year. A recent article quotes Martin Shen, the CEO of FingerMotion, on the move. “FingerMotion is very proud and excited to be joining the Nasdaq stock market as one of the newly listed technology companies,” Shen said. “We believe that listing on a senior stock exchange will create more value for our…

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WednesdayJan 26, 2022 12:51 pm

NetworkNewsBreaks – SPYR Inc.’s (SPYR) Applied Magix Subsidiary Addressing Key Problem Facing Target Consumer Market

SPYR (OTCQB: SPYR) intends to capitalize on the burgeoning trend within the smart home products segment through its Applied Magix subsidiary. This tech company plans to develop and resell Apple-compatible products with an emphasis on the growing, multibillion-dollar internet of things (“IoT”) smart home and connected car markets. “In 2020, SPYR acquired Applied Magix Inc., a registered Apple developer and reseller of Apple-ecosystem-compatible products, to enter the global IoT market, initially through the development, manufacture and sale of devices and accessories specifically built on Apple’s HomeKit framework,” a recent article reads. “By focusing on creating smart hardware and software solutions…

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WednesdayJan 26, 2022 12:41 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Targeting Growth Through New Product Launches, Acquisitions, Expanded Contracts

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF), a fully integrated seed-to-market company, is building a platform covering the downstream, midstream and upstream stages of the supply chain. The company, which recently appointed Marc Aneed as its new CEO, is leveraging the expertise and experience of its management and leadership to achieve success within the burgeoning plant-based foods market. Its leadership team, which has cumulative experience spanning more than 100 years, has been instrumental in its journey toward quick profitability despite being a relatively new company. A recent article reads, “Moving forward, the company expects to continue capitalizing on the…

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WednesdayJan 26, 2022 11:15 am

NetworkNewsBreaks – SokuSwap Adds New Features on First-Ever Decentralized Exchange

SokuSwap, a decentralized exchange that lives on both the Ethereum network and the Binance Smart Chain, has added new features to its decentralized exchange (“DEX”), the world’s only multichain DEX. The exchange offers a unique combination of automated market maker (“AMM”) smart contracts, limit orders, staking pools, farms, a token swap, fiat currency onboarding and live chat for assisting new users. The company announced that is prepared to onboard new DeFi and web3 enthusiasts and has created a welcoming and helpful community, high APR pools and farms, and excellent functionality for experienced traders. Both the platform and community is decentralized, and…

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WednesdayJan 26, 2022 10:03 am

NetworkNewsBreaks – Lottery.com (NASDAQ: LTRY) Announces Key Hires to Support Strategic Growth Initiatives

Lottery.com (NASDAQ: LTRY, LTRYW), a leading technology company that is transforming how, where and when the lottery is played, today announced the addition of four new hires who will contribute to the support and execution of the company’s growth plans. In addition to its previously announced appointment of Greg Potts as global vice president of affiliate success, the company welcomes the following: Amy Lawrence was appointed as vice president of compliance; Pedro De Ona joins the company as vice president of research and development; Marielle Bianchino was appointed vice president of marketing; and Jim Schonewolf joins the company as vice…

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TuesdayJan 25, 2022 1:26 pm

NetworkNewsBreaks – IBN to Serve as Official Media Sponsor for Full Slate of GSMI 2022 Events

IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company, today announced that it will be collaborating with the Global Strategic Management Institute (“GSMI”) as the official media sponsor for all of its upcoming 2022 events. A cutting-edge conference production company focused on promoting disruptive innovation, GSMI’s footprint extends across more than 100 countries. The organization, recently praised for working with more than 92% of the Fortune 500 and recognized as one of San Diego’s Top 100 Emerging Companies, has established a strong reputation as an industry leader in executive education, hosting conferences, summits, workshops and training sessions. GSMI events combine…

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TuesdayJan 25, 2022 1:21 pm

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Submits NNCP Filing with Health Canada

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, announced that it has filed Form 8-K with Health Canada; the filing is GPFT’s Notice of New Cannabis Product (“NNCP”) with Health Canada. Once GPFT receives approval of the NNCP from Health Canada, the company will be able to offer its patented Hourglass(TM) Time Release THC+CBD-Infused Topical Delivery Cream under the Canadian Federal Cannabis Act throughout Canada. The act, which became effective in 2018, provides national guidelines for legal access to cannabis as well as the product, distribution and sale of the substance. Canada became the second country in the world…

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TuesdayJan 25, 2022 1:10 pm

NetworkNewsBreaks – Marijuana Company of America Inc. (MCOA) Announces Strategic Distribution Agreement Between Wholly Owned cDistro and dosist health

Marijuana Company of America (OTC: MCOA), a diversified holding company with operations and investments throughout the cannabis industry, today announced that its wholly owned subsidiary cDistro has reached an agreement with dosist health to distribute its award-winning line of high concentration CBD+ formulas and products. According to the update, cDistro will expand the rapidly growing distribution locations for dosist health CBD products to drive sales and further establish cDistro in the distribution marketplace. “This agreement represents a tremendous opportunity for cDistro,” said cDistro's President Ron Russo. “I look forward to working with dosist health and their award-winning product portfolio to…

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