NetworkNewsBreaks

WednesdaySep 01, 2021 10:56 am

NetworkNewsBreaks – PlantX Life Inc. (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) Launches Redesigned Canadian Website on Shopify

PlantX Life (CSE: VEGA) (OTCQB: PLTXF) (Frankfurt: WNT1) today announced the launch of its redesigned Canadian website www.PlantX.ca, powered by Shopify. The new website features a refreshed and modern design, simplified navigation and upgraded search tools and functionality to enhance overall user experience and brand impact. “The decision to transition to Shopify as the main e-commerce platform to host the PlantX online presence is a strategic move that complements the company's mission and expansion plans,” said PlantX Founder Sean Dollinger. “By leveraging the Shopify embedded features, PlantX will be able to replicate its current Canadian model and launch additional websites…

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WednesdaySep 01, 2021 9:55 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) Reports on Milestone Achievements Reached by Subsidiary

Cybin (NEO: CYBN) (NYSE American: CYBN), a biotechnology company focused on psychedelic pharmaceutical therapies, has announced that Adelia Therapeutics Inc., its wholly controlled subsidiary, has reached key milestones for Year 1 Q3. The milestones were outlined in last year’s transaction agreement between Cybin, Cybin Corp., Cybin US Holdings Inc. and previous shareholders of Adelia. Based on the agreement, 9,392.6 Class B common shares in the capital of Cybin will be issued to Adelia shareholders; the issuance is designed to satisfy the approximately $251,581.81 owed to the shareholders upon Adelia meeting the outlined milestones. The announcement noted that the Class B shares…

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WednesdaySep 01, 2021 9:47 am

NetworkNewsBreaks – Focus Universal Inc. (NASDAQ: FCUV) Begins Trading on NASDAQ Capital Market

Focus Universal (NASDAQ: FCUV) shares commenced trading on the NASDAQ Capital Market on Tuesday; the shares traded under the ticker symbol FCUV (“FCUV”). The company is a Universal Smart Instrumentation Platform ("USIP") developer and Universal Smart Device ("USD") manufacturer. Earlier this week, Focus Universal announced that it had priced its firm commitment underwritten public offering of 2 million common shares. The shares were offered at a public offering price of $5 each; the offering is scheduled to close on or about Sept. 2, 2021. According to the announcement, gross proceeds from the offering to FCUV totaled $10 million before underwriting…

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TuesdayAug 31, 2021 1:54 pm

NetworkNewsBreaks – USD Partners LP, Inc. (NYSE: USDP) Initiated Coverage at Sidoti

$11 Price Target, Moderately Risky Rating USD Partners LP (NYSE: USDP) was initiated in a company-sponsored research report published by Sidoti & Company, LLC. The report highlights, “g. USDP currently trades at a discount to the peer group of terminal and storage MLPs despite the potential to lock in additional long-term contracts at Hardisty and expand operations at West Colton.” To access the full report, visit https://nnw.fm/Av2Zl About USD Partners LP USD Partners LP is a fee-based, growth-oriented master limited partnership formed in 2014 by US Development Group, LLC (“USD”) to acquire, develop and operate midstream infrastructure and complementary logistics…

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TuesdayAug 31, 2021 1:26 pm

NetworkNewsBreaks – Net Element Inc. (NASDAQ: NETE) Announces Approval of Merger with Mullen Automotive Inc.

Net Element (NASDAQ: NETE), a global technology and value-added solutions group that supports electronic payments, today announced that its stockholders have approved the proposed merger of the company’s wholly owned entity with Mullen Automotive Inc. (the “merger”). According to the update, a majority of the votes cast were in favor of the merger. The company will proceed to work on the final requirements to conclude the transaction with Mullen Automotive as referenced in the company’s Form S-4/proxy statement and the merger filings of the company with the Securities and Exchange Commission. To view the full news release, visit https://nnw.fm/ahE6p About…

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TuesdayAug 31, 2021 12:42 pm

NetworkNewsBreaks – ISW Holdings Inc.’s (ISWH) Pod5 Datacenter Stands Distinct

ISW Holdings (OTC: ISWH) (transitioning to “BlockQuarry,” pending name change), a Nevada-based portfolio company with primary commercial-stage operations in cryptocurrency mining, has partnered with Bit5ive, a global leader in cryptocurrency mining, to innovate the infrastructure needed to run profitable and efficient crypto mining projects. The collaborators developed a revolutionary Pod5 Cryptocurrency Mining Pod, which has been in full operation at the Bit5ive renewable energy cryptocurrency mining facility in Pennsylvania since February. A recent article reads, “Designed in partnership with Bit5ive and geared primarily for the cryptocurrency mining industry, the Pod5 Datacenter offers next-generation, dynamic, self-management functionality, plug-and-play operations, virtually nonexistent…

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TuesdayAug 31, 2021 12:32 pm

NetworkNewsBreaks – DSG Global Inc. (DSGT) Positioned as Go-To Full-Service Provider of World-Class EV Products

DSG Global (OTCQB: DSGT) recently entered into a binding memorandum of understanding to acquire MTG Inc., an Ontario-based established automotive import/export company that operates in Canada, the United States and Mexico. MTG has extensive commercial fleet and retail connections throughout the global automotive industry. According to DSGT, the acquisition should be complete sometime in the third quarter of 2021, subject to several conditions. Once finalized, MTG’s customer base and multimillion monthly sales will be integrated into a new division — DSG Wholesale Division (“DSGW”). “The company noted that the MTG acquisition allows it to immediately expand cross-border sales for both…

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TuesdayAug 31, 2021 12:15 pm

NetworkNewsBreaks – Mind Cure Health Inc. (CSE: MCUR) (OTCQB: MCURF) Leveraging Strategic Board Appointment to Execute Visionary Strategy

Mind Cure Health (CSE: MCUR) (OTCQB: MCURF), a leader in advanced proprietary technology and research for psychedelics, recently announced its appointment of Jerry White as an advisor to the company. White has been recognized for his efforts in engaging large audiences to power global movements and is a recognized leader of the International Campaign to Ban Landmines and a co-recipient of the 1997 Nobel Peace Prize. Given his expertise, ambition and successful track record, White is an excellent addition to the company’s advisory board as it focusses on achieving strategic goals while working towards its overall vision. “Never shying away…

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TuesdayAug 31, 2021 12:01 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Inks Definitive Agreement to Acquire California Cannabis Licenses

Sugarmade (OTC: SGMD), an emerging leader in the vertically integrated cannabis marketplace based in California, has signed a definitive agreement outlining the acquisition of three nonstorefront California cannabis licenses from the Department of Cannabis Regulation (“DCR”) in Los Angeles; the agreement also includes corresponding licenses from the California Bureau of Cannabis Control (“BCC”). Both pieces combined will allow Sugarmade to license and operate three new vertically integrated Nug Avenue cannabis delivery hubs. According to the announcement, each of the three licenses can be used for up to three of the five categories of licensed cannabis-related business activities allowed under the…

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TuesdayAug 31, 2021 11:53 am

NetworkNewsBreaks – TransAct Technologies Inc. (NASDAQ: TACT) Secures $12.2M Through Underwritten Public Offering

TransAct Technologies (NASDAQ: TACT), a global leader in software-driven technology and printing solutions for high-growth markets, has closed an underwritten public offering of 842,375 newly issued shares of its common stock, which includes 109,875 shares per the full exercise of the over-allotment option granted to the underwriters. TransAct secured gross proceeds of approximately $12.2 million, with each of the shares sold at a public offering price of $14.50. The company intends to use the net proceeds from the offering for working capital and other general corporate purposes, which may include funding the further development of TransAct’s food service technology business…

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