NetworkNewsBreaks

WednesdayNov 24, 2021 10:07 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Secures $34.5M in Underwritten Public Offering

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has announced the closing of its underwritten public offering of 11,500,000 units, with each unit consisting of one common share of the company and one-half warrant; each whole unit warrant entitling the holder to purchase one common share. The units sold includes an additional 1,500,000 pursuant to the exercise in full of the overallotment option granted to the underwriters. Flora secured $34,500,000 in gross proceeds, with each of the units sold at a public offering price of $3.00. The unit warrants will be immediately exercisable…

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TuesdayNov 23, 2021 1:05 pm

NetworkNewsBreaks – FingerMotion Inc. (FNGR) Reports on Annual Meeting Business Items

FingerMotion (OTCQX: FNGR), a mobile data and services company, held its annual meeting of stockholders on Nov. 22, 2021. During the meeting, several key issues were ratified by company stockholders and implemented by FNGR’s board of directors. Those issues included the election of Hsien Loong Wong, Leong Yew Poh, Michael Chan and Ng Eng Ho to FingerMotion’s board of directors and the appointment of Centurion ZD CPA & Co. as the company's independent registered public accounting firm. In addition, stockholders approved FNGR’s 2021 stock incentive plan and executive compensation. Finally, following the meeting, several company executive officers were reappointed to…

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TuesdayNov 23, 2021 12:41 pm

NetworkNewsBreaks – Cadre Holdings Inc. (NYSE: CDRE) Secures $90M in IPO

Cadre Holdings (NYSE: CDRE), a global leader in the manufacturing and distribution of safety and survivability equipment for first responders, has closed its initial public offering of 6,900,000 shares of common stock, including 900,000 shares per the full exercise of the over-allotment option granted to the underwriters. Cadre secured approximately $90 million in gross proceeds, with each of the shares sold at the public offering price of $13.00. On Nov. 4, 2021, the shares began trading under the ticker symbol CDRE on the New York Stock Exchange. The company intends to use the net proceeds to repay outstanding debt and…

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TuesdayNov 23, 2021 12:31 pm

NetworkNewsBreaks – BevCanna Enterprises Inc.’s (CSE: BEV) (OTCQB: BVNNF) (FSE:7BC) TRACE Selected as Official Water of Country Music Week 2021

BevCanna Enterprises (CSE: BEV) (OTCQB: BVNNF) (FSE: 7BC), an emerging leader in innovative health and wellness beverages and products, today announced that TRACE will be the exclusive water partner for Country Music Week 2021. Hosted by the Canadian Country Music Association(R) (“CCMA”) in London, Ontario, from Nov. 26-29, 2021, the event will celebrate country music in Canada and culminate with the 2021 CCMA Awards Show to be broadcast in a live special on Nov. 29, 2021. TRACE will keep fans, artists and the Canadian country music industry hydrated in its capacity as the exclusive water partner of Country Music Week…

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TuesdayNov 23, 2021 11:54 am

NetworkNewsBreaks – Avricore Health Inc.’s (TSX.V: AVCR) (OTCQB: AVCRF) HealthTab(TM) Enters Agreement to Support Patients with Key Insight into Renal Function

Avricore Health (TSX.V: AVCR) (OTCQB: AVCRF) today announced that its wholly owned subsidiary, HealthTab(TM), has entered into a non-exclusive, pilot supplier distribution agreement in Canada with Abbott, the global health care company, with respect to the handheld blood chemistry analyzer, i-STAT Alinity. Under the agreement, HealthTab will distribute Abbott’s point-of-care i-STAT Alinity and its associated tests for creatinine in Canadian pharmacies to better support patients with important information about their renal function. “Understanding renal function in patients at risk from or already living with chronic disease is critical,” said Hector Bremner, CEO of Avricore Health. “With i-STAT Alinity and its…

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TuesdayNov 23, 2021 10:45 am

NetworkNewsBreaks – Amerigo Resources Ltd. (ARREF) Featured in Initiation Report from Sidoti

Initiation Amerigo Resources (OTCQX: ARREF) was featured in a company-sponsored initiation report published by Sidoti & Company, LLC. The headline of the report reads, “Initiate Coverage Of Amerigo Resources With A $2 Price Target And A Moderately Risky Rating Amerigo Resources Ltd. (ARREF) is generating stronger cash flow as it benefits from higher copper prices and increased processing of tailings at the El Teniente mine in Chile. Amerigo has more than doubled annual production at its facility since its acquisition in 2003. Given the healthier balance sheet and strengthening cash flow, Amerigo has recently begun returning cash to shareholders. As a…

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TuesdayNov 23, 2021 10:30 am

NetworkNewsBreaks – Cybin Inc. (NYSE American: CYBN) (NEO: CYBN) Awards Grant for Psychedelic Treatment Clinic to Benefit Underserved Communities

Cybin (NYSE American: CYBN) (NEO: CYBN), a biopharmaceutical company focused on progressing “Psychedelics to Therapeutics(TM),” today announced it has awarded a grant for the first psychedelic treatment clinic at Lenox Hill Hospital, part of Northwell Health, to serve marginalized and underserved communities on the Upper East Side of Manhattan, New York. According to the update, the program aims to become one of the first hospital-based clinical sites to offer psychedelic medicine in the United States. “It’s time for psychedelic medicine to climb down from the ivory tower and into the community,” said Dr. Alex Belser, chief clinical officer of Cybin.…

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TuesdayNov 23, 2021 10:15 am

NetworkNewsBreaks – Simply Sonoma Leveraging CBD Expertise to Develop Organic Beauty Product Line

Simply Sonoma is positioning itself as a strong player in the global CBD skincare market, which is projected to reach $1.7 billion by 2025, up from $234.1 million in 2018, according to a Million Insights report (https://nnw.fm/KrELB). A recent article, which contains excerpts from the report, notes that CBD-based beauty products are effective and safe for all skin types. “[CBD] is highly beneficial to people who are facing acne, dryness, inflammation and sensitive skin problems,” Million Insights observed. “CBD is used for the skin’s natural healing process and reducing breakouts. It also acts as an antioxidant that helps in reducing…

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TuesdayNov 23, 2021 10:00 am

NetworkNewsBreaks – Sugarmade Inc.’s (SGMD) Commitment to Quality Products Dovetails with California’s Recently Passed AB-45

Sugarmade (OTC: SGMD), an innovator in the dynamic California cannabis sector, is among companies welcoming Assembly Bill 45 (“AB-45”). The bill went into effect recently, creating a comprehensive regulatory framework for the manufacture and sale of hemp-derived products in California and setting a new focus on safety and consistency. Sugarmade is a California-based company that is committed to providing high-quality products and excellent services. “Sugarmade is a majority owner and operator (70%) of Nug Avenue, a cannabis-delivery services brand based in southern California that offers hand-selected, top-shelf products. The company is committed to providing convenient mobile ordering and online access…

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TuesdayNov 23, 2021 9:42 am

NetworkNewsBreaks – InMed Pharmaceuticals Inc. (NASDAQ: INM) Announces Participation in Upcoming Cannabis Conference

InMed Pharmaceuticals (NASDAQ: INM), a leader in the development, manufacturing and commercialization of rare cannabinoids, will be participating in the 4th annual Cowen Cannabis Conference. InMed’s management team will be presenting in the three-day event, which is scheduled for Nov. 29–Dec. 1, 2021. During the virtual conference, InMed representatives will meet virtually one-on-one with institutional and corporate clients of the firm. The agenda for the annual cannabis conference features topical panel discussions with C-Suite presenters. The event is hosted by Cowen Research and Washington Research Group analysts. To view the full press releases, visit https://nnw.fm/mCHVK About InMed Pharmaceuticals Inc. InMed Pharmaceuticals is a…

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