NetworkNewsBreaks Archive - Page 832 of 2081

TuesdayJan 11, 2022 12:29 pm

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Secures IRB Approval for Feasibility Study Using Kernel’s Quantitative Neuroimaging Technology

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced that an Institutional Review Board (“IRB”) has approved a company-sponsored feasibility study. The study will use Kernel’s quantitative neuroimaging technology, Kernel Flow, to measure ketamine’s psychedelic effect on cerebral cortex hemodynamics. As part of its sponsorship of the feasibility study, Cybin will retain an exclusive interest in any innovations discovered or developed through its independent analysis of the findings. “By leveraging the Kernel Flow technology, we may have the ability to measure longitudinal brain activity before, during and after a psychedelic experience, and…

TuesdayJan 11, 2022 11:42 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Completion of First Cannabis Extraction Through New Facility

Flora Growth’s (NASDAQ: FLGC) wholly owned subsidiary, Cosechemos, has produced the first batch of crude oil through its newly constructed extraction facility. FLGC, a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, made the announcement, adding that the 10,500-square-foot plant, which has an annual capacity to produce 15,000 L of distillate, is also taking steps to become EU-GMP certified. Full certification will allow the company to export medical-grade cannabis derivatives to international markets. The plant is Flora Growth’s primary processing location and facilitates the drying and processing of the company’s all-outdoor cultivated flower into finished, packaged dry…

TuesdayJan 11, 2022 10:53 am

NetworkNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Strategic Acquisition, Eyes Expansion into Opportunistic Market

GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, today announced its entry into a binding agreement to acquire Roark Holdings Ltd, a United Kingdom-based licensed payment institution, in an all-stock transaction for 150,000 shares. A respected payment institution, Roark Holdings T/A Paysos.com allows the licensor to process debit and credit card payments and local payments within the U.K. Through the purchase, GreenBox accomplishes a significant strategic objective of expanding across multiple markets, made possible with the technology capabilities of Roark Holdings. Key motivators for the acquisition were Roark Holdings’ infrastructure and cutting-edge software. “Accumulating an array of technologies is…

TuesdayJan 11, 2022 10:36 am

NetworkNewsBreaks – Friendable Inc. (FDBL) Acquires Iconic Music Distribution Company

Friendable (OTC: FDBL), a mobile technology and marketing company, has acquired Artist Republik, an innovative, decentralized music business networking that allows indie music artists worldwide to control their own careers through networking, centralized resources, and AI-based management tools. According to the announcement, the acquisition will add some 100,000 active music artists as well as various music distribution services to the company’s existing assets. In addition, the company noted the potential for increased revenues and technology assets. Artist Republik now joins FDBL’s Fan Pass platform as a powerful option for artists. The company noted that the acquisition allows Fan Pass Live to…

TuesdayJan 11, 2022 9:59 am

NetworkNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Closes on $11.5M Private Placement

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has closed on its previously announced private placement. The company announced that the placement was comprised of 12,105,264 shares of common stock (or prefunded warrants) and warrants at a purchase at $0.95 per share or warrant. The placement was valued at approximately $11.5 million gross proceeds for CNSP, which plans to use the funds for clinical trials and preclinical programs as well as other R&D efforts and general corporate purposes. The placement was not…

MondayJan 10, 2022 2:14 pm

NetworkNewsBreaks – Use of Cannabis in PTSD Treatment of Navy Seals Discussed by Leading Psychologist

Harvard-trained forensic psychologist Dr. Kara Coe has released an update discussing her innovative use of cannabis as she works Navy SEALs dealing with post-traumatic stress disorder (“PTSD”). Coe has established a reputation for being one of the most successful interrogators in military history, and her well-respected PTSD treatment practice is located in Virginia Beach, home to the largest military bases in the world. According to the announcement, Coe treats almost 30 active-duty SEALs in weekly, no-cost group therapy meetings. She is known for using cannabis in her treatment efforts that, while unorthodox, have produced life-changing results. Coe points to significant…

MondayJan 10, 2022 2:04 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Disrupting Multibillion Snack Food Market

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) recently announced that its wholly owned subsidiary, Sapientia Technologies LLC., had launched its better-for-you plant-based twists to 350 Federated Co-operatives Limited Stores – under the COOP Pure Brand. The launch provides Eat Well Group with an additional revenue channel for 2022, as the company plans to scale other product offerings. It also comes only six months after Eat Well Group’s acquisition of Sapientia. “Sapientia created these plant-based twists for consumers who want healthier snack foods offering high proteins and other nutritional values. These snacks are baked, not fried – offering approximately 30%…

MondayJan 10, 2022 1:23 pm

NetworkNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Releases Q1, Full-Year Revenue Guidance for 2022

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, has released its full-year and Q1 2022 revenue guidance. The company noted that it is looking for a full-year 2022 guidance of $46‑48 million, which is an increase of approximately 50% over 2021’s unaudited revenue, which was approximately $31.5 million. In addition, the company noted that its Q1 2022 is $11.5 million, which represents an 111% increase over last year’s guidance for the same period. According to the announcement, the Sequire platform last year saw an increase in…

MondayJan 10, 2022 1:09 pm

NetworkNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Names Industry Veteran as COO

Nemaura Medical (NASDAQ: NMRD), a medical technology company focused on developing and commercializing noninvasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, has appointed Dr. Arash (Ash) Ghadar as chief operating officer. Currently a non-executive director at Medilink Midlands, Ghadar served for 10 years as the technical director of London-based Datalink Electronics (Datalink), where he managed the design team as an autonomous entity within Datalink. In that capacity, he oversaw the day-to-day operations, business planning, legal affairs, finance, sales and business development of the design team. He also managed numerous technical projects for the company’s healthcare and industrial customers; those…

MondayJan 10, 2022 11:12 am

NetworkNewsBreaks – Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0) to Present at HC Wainwright Bioconnect Virtual Conference

Delic Holdings (CSE: DELC) (OTCQB: DELCF) (FRA: 6X0), a leader in new medicines and treatments for a modern world, has announced details regarding its participation at today's HC Wainwright Bioconnect Virtual Conference. The company’s co-founder and CEO Matt Stang will present on Delic’s expansion strategy and industry outlook heading into 2022 and offer one-on-one meetings with investors. Interested parties should visit https://nnw.fm/iPtkd to register for the event, access Delic's presentation and sign up for a one-on-one meeting. To view the full press release, visit https://nnw.fm/xunLB Delic Holdings Corp. Delic is a leader in new medicines and treatments for a modern…

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