NetworkNewsBreaks Archive - Page 830 of 1741

WednesdayJan 27, 2021 10:08 am

NetworkNewsBreaks – ECGI Holdings Inc. (ECGI) Announces Closing of Agreement to Acquire Cannabis Cultivation, Manufacturing Property in California

ECGI Holdings (OTC: ECGI) has closed on its previously announced definitive agreement to acquire a farming property in California that is zoned for cannabis cultivation, processing and manufacturing. In the announcement, the company noted that the closure is ECGI’s first steps toward the development of its special cannabis acquisition model. The farm is a 1.7 million-square-foot property located in North California, which ECGI intends to use to cultivate premium cannabis strains. The company will also build facilities on the property as it follows a strategic business model targeting regulated cannabis processing and manufacturing. The property is zoned for numerous cannabis…

WednesdayJan 27, 2021 9:38 am

NetworkNewsBreaks – Syros Pharmaceuticals (NASDAQ: SYRS) Closes Underwritten Public Offering of $75.6 Million

Syros Pharmaceuticals (NASDAQ: SYRS), a leader in the development of medicines that control the expression of genes, announced that it has closed its underwritten public offering. The offering was comprised of 5,400,000 shares of common stock that were sold at $14 per share. In the announcement, the company noted that the public offering resulted in the gross proceeds of approximately $75.6 million, which Syros anticipates it will use to fund the development of its ongoing clinical and preclinical programs; the company may also use the monies for working capital and other general corporate purposes. Along with the closing, Syros noted…

WednesdayJan 27, 2021 9:21 am

NetworkNewsBreaks – Living Greens Farm Announces Addition of 80 New Midwest Stores in Expansion Move

Living Greens Farm (“LGF”), the largest vertical, indoor aeroponic farm in the United States that provides fresh salads, salad kits, microgreens and herbs year-round, has announced a significant expansion of its product into the upper Midwest. The company has partnered with CUB (“CUB”) Foods stores in Minnesota and Illinois to carry its ready-to-eat bagged salad products, including the Caesar Salad Kit, Southwest Salad Kit, Harvest Salad Kit, Chopped Romaine and Chopped Butter Lettuce. CUB has built a reputation for its focus on food quality. LGF will distribute its products to CUB from UNFI (“UNFI), a food distributor that reaches thousands of stores…

TuesdayJan 26, 2021 3:30 pm

NetworkNewsBreaks – Clubhouse Media Group Inc. (CMGR) Reaches — and Surpasses — Milestone Mark of 1 Billion Impressions Per Month

Clubhouse Media Group (OTC: CMGR), an influencer-based marketing and media firm with a global aggregate social media reach of more than 100 million followers, announced that it surpassed 1 billion impressions per month for the content published by its network of influencers. The main metric used to identify an influencer’s reach for the purpose of influencer-based marketing, an impression is defined as any time a social media app or web browser displays a particular piece of content. The milestone mark of 1 billion impressions was based on impressions generated from content produced by Clubhouse Media Group’s influencers; the measurement was…

TuesdayJan 26, 2021 1:31 pm

NetworkNewsBreaks – Knightscope Inc. CEO Featured Guest on the Bell2Bell Podcast

Knightscope Inc., a leader in the development of autonomous security capabilities, announced that its chairman and CEO, William Santana Li, was a guest on InvestorBrandNetwork’s (“IBN”) the Bell2Bell Podcast. The Bell2Bell Podcast delivers informative updates and exclusive interviews with executives operating in fast-moving industries. During his interview, Li shared a summary of the company’s activity and achievements for the last half of 2020. Knightscope builds autonomous security robots (“ASRs”) designed to provide 24/7/365 security for its clients. Li noted that, despite the global pandemic, the company continued to grow, signing several new contracts for its proprietary security robots; the company’s…

TuesdayJan 26, 2021 1:08 pm

NetworkNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Announces New Bidi Pouch Product

Kaival Brands (OTCQB: KAVL), a company focused on generating shareholder value by incubating innovative products into mature and dominant brands within their respective markets, is the exclusive distributor of the newest product offering from Bidi(R) Stick: the Bidi(TM) Pouch. Available Feb. 1, 2021, the Bidi Pouch is a tobacco-free nicotine formulation packed in an easy-to-go tin can. KAVL is the exclusive distributor of all Bidi products; its main product offering is the Bidi(R) Stick, which is the fastest-growing, closed-system vaping product in the country. The only vape product on the market with an ecologically friendly, mass-recycling program, the Bidi Stick is among the top…

TuesdayJan 26, 2021 12:43 pm

NetworkNewsBreaks – PowerBand Solutions Inc. (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA) Reports Encouraging Financial Results for December 2020

PowerBand Solutions (TSX.V: PBX) (OTCQB: PWWBF) (FRA: 1ZVA), a disruptive fintech platform solution, transforming the online experience to sell, trade, lease, or finance vehicles, today announced positive financial results for the month of December. Per the update, the company anticipates that ending the year with record growth will provide great momentum for the first quarter of 2021. “We are pleased with our consistent month-over month growth this past year. Powerband's fourth quarter net revenues increased 138% over the third quarter of 2020. December YTD closed out at $23.8mm, which was $6.1mm stronger than November's $17.7mm YTD. This means that the…

TuesdayJan 26, 2021 12:30 pm

NetworkNewsBreaks – InsuraGuest Technologies Inc. (TSX.V: ISGI) (OTCQB: ISGIF) Subsidiary’s Hospitality Liability Coverage Now Available through Guesty Dashboard

InsuraGuest Technologies (TSX.V: ISGI) (OTCQB: ISGIF), through its wholly owned U.S. hospitality subsidiary InsuraGuest(R), this morning announced that its vendor partnership with Guesty has gone live. InsuraGuest Hospitality Liability coverages are now available to be purchased by users of Guesty, the world's leading end-to-end short-term rental property management software. The partnership provides professional hosts, property management companies and aparthotels with the option to fill out an application to protect their properties using InsuraGuest from within the Guesty dashboard. “Being able to work with the world's leading end-to-end short-term rental property management software company means InsuraGuest will have access to market its…

TuesdayJan 26, 2021 12:04 pm

NetworkNewsBreaks – HempFusion Wellness Inc. (TSX: CBD.U) Secures Inclusion in Two Cannabis ETFs

HempFusion Wellness (TSX: CBD.U), a leading health and wellness CBD company utilizing the power of whole-food hemp nutrition, this morning reported that it attained inclusion in two leading cannabis and hemp-derived CBD focused exchange-traded funds (“ETFs”), AdvisorShares Pure US Cannabis ETF (NYSE: MSOS) and AdvisorShares Pure Cannabis ETF (NYSE: YOLO). YOLO, the first US-based actively managed ETF focused on the global cannabis industry, and MSOS, the only US-listed ETF dedicated solely to US cannabis exposure, intend to achieve long-term capital growth by investing in major cannabis and hemp-derived CBD companies internationally. As of January 22, 2021, the two ETFs hold…

TuesdayJan 26, 2021 11:39 am

NetworkNewsBreaks – AzurRx BioPharma Inc. (NASDAQ: AZRX) Announces Addition of Two Clinical Trial Sites for MS1819 Phase 2b OPTION 2 Extension Study

AzurRx BioPharma (NASDAQ: AZRX), a company specializing in the development of nonsystemic, recombinant therapies for gastrointestinal diseases, has added two clinical trial sites for the extension arm of its MS1819 Phase 2b OPTION 2 study. The study is investigating immediate-release capsules of MS1819 for the treatment of exocrine pancreatic insufficiency (“EPI”) in patients with cystic fibrosis (“CF”). The additional sites were added in Poland; Europe was selected to reduce potential patient-enrollment delays caused by the COVID-19 pandemic. The two sites in Poland and the active clinical trial sites in the United States have already begun enrolling patients. AzurRX expects topline data to be available…

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