NetworkNewsBreaks

ThursdayMay 12, 2022 12:03 pm

NetworkNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) (FSE: 6BC0) Announces Engagement of ITG

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) (FSE: 6BC0) today announced that it has engaged Independent Trading Group (“ITG”) to provide market-making services in accordance with Canadian Securities Exchange (“CSE”) policies. According to the update, ITG will trade shares of Eat Well on the CSE and all other trading venues with the objective of maintaining a reasonable market and improving the liquidity of the company’s common shares. ITG will receive compensation of CA$6,500 per month under the agreement, payable monthly in advance. After an initial term of three months, the agreement will renew for additional one-month terms unless terminated…

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ThursdayMay 12, 2022 11:40 am

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Expands Global Footprint to Establish Presence in the UK and EU

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced expansion of its operational footprint in Europe and the United Kingdom, furthering its international growth strategy. According to the update, the London-based offices will serve as the regional headquarters for Flora’s sales force and management of its distribution centers in the U.K. and Netherlands. Flora additionally bolsters its strategic positioning in the region by partnering with Hoshi to distribute the company’s broader product portfolio to 11 countries, including Germany, Portugal, the U.K., Italy, Poland, the Czech Republic, Denmark, the Netherlands, Switzerland, Malta,…

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ThursdayMay 12, 2022 11:16 am

NetworkNewsBreaks — Cepton Technologies Inc. (NASDAQ: CPTN) Releases Financial Report for Q1 2022

Cepton Technologies (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance Micro Motion Technology(RM) (“MMT”) lidar solutions, is reporting its financial numbers for the first quarter 2022, the period ended March 31, 2022; the report also includes corporate updates. Highlights of the report include an increase in revenue, with Q1 2022 revenue reaching $1.5 million, up 239% compared to the previous year, and net income of $41.2 million, compared to a GAAP net loss of $8.4 million last year in the same period. In addition, first quarter 2022 non-GAAP net loss was $12.2 million compared to non-GAAP net loss of…

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WednesdayMay 11, 2022 3:21 pm

NetworkNewsBreaks – CWCBExpo New York’s ‘In Conversation With’ Series to Feature Prolific Industry Leaders

Two prolific leaders in the cannabis and hemp industry, Chris Beals and Nick Kovacevich, will be featured speakers in the “In Conversation with…” series at CWCBExpo New York. The event is slated to take place June 2-4 at the Javits Center. The East Coast’s top B2B trade show and conference, CWCBExpo brings together some of the most influential and informed minds in the industry to discuss the latest in the areas of adult use legalization and legislation and its impact on businesses, communities and lifestyle. “I am thrilled to sit down with Mona at this year’s CWCBExpo New York to…

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WednesdayMay 11, 2022 2:49 pm

NetworkNewsBreaks – Vision Hydrogen Corporation (VIHD) Announces Monetization of First Two Development Projects

Vision Hydrogen (OTCQB: VIHD) today announced that it has monetized its 100% interest in its Vlissingen green hydrogen development project and its 50% interest in its Terneuzen green hydrogen development project through the sale of its Dutch interests to Volt Energy BV (“purchaser”), wholly-owned by its former co-CEO Andre Jurres. According to the update, the purchaser paid total consideration of US$23,627,274, consisting of US$11,250,000 in cash and 1,768,182 shares of the company’s common stock owned by the purchaser, valued at the current market price of $7.00 per share, reducing the company’s outstanding common shares by 8.3% to 19,548,776. “Consistent with…

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WednesdayMay 11, 2022 2:04 pm

NetworkNewsBreaks – Flora Growth Corp. (NASDAQ: FLGC) Announces Strategic Launch of Vessel in Canada, OCS Partnership

Flora (NASDAQ: FLGC), a leading all-outdoor cultivator, manufacturer and distributor of global cannabis products and brands, today announced that its Vessel brand, a leader in premium cannabis accessories, secured meaningful penetration in Canada via an approved listing on the Ontario Cannabis Store (“OCS”). In addition, Vessel has launched its Canadian direct-to-consumer online store, www.VesselBrand.ca, to service customers directly across the country. “We’re elated about our partnership with the OCS and are looking forward to bringing the full Vessel experience to our loyal customers across Canada,” said Flora’s Chief Strategy Officer James Choe. “Our internal estimates show the Canadian cannabis market…

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WednesdayMay 11, 2022 1:15 pm

NetworkNewsBreaks – Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Expanding Reach, Reports ‘Significant Balance Sheet and Operational Improvements’

Red White & Bloom (CSE: RWB) (OTCQX: RWBYF) has been strengthening its revenue streams in the states where it operates, particularly in Michigan, Florida and California of late, while also working to deal with its debt to make it more long-term feasible, announcing recently that it has eliminated several million dollars’ worth of liabilities and annual expenses. “The acquisition earlier this year of a 15,000-square-foot manufacturing, processing and distribution facility as well as properties owned by PharmaCo Inc., in Michigan, plus full licensing for manufacturing both medical and adult-use cannabis products in the state, assured RWB’s efforts to become fully…

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WednesdayMay 11, 2022 12:44 pm

NetworkNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Looking to Develop, Support Disruptive Manufacturing Methods and Graphene-Based Futuristic Products

Kronos Advanced Technologies (OTC: KNOS) is the exclusive national distributor of a revolutionary new air-purification device engineered for personal space protection. “The ViralWall(TM) is designed to be placed between individuals, draw in their exhaled air, kill or disable pathogens as they move through the patented graphene-based air filter, and then release disinfected pathogen-free air. The first-ever self-sterilizing graphene air purifier on the market, the ViralWall was developed by Israel-based R&D company LIGC Application Limited… ‘The graphene air filters will be more efficient, cost-effective, consume less energy, and require far less maintenance than other air filters currently on the market,’ said…

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WednesdayMay 11, 2022 12:36 pm

NetworkNewsBreaks – Nowigence Inc. Recognized for Demonstrating ‘Deep Insight’ into New Market Fundamentals

Nowigence was named as one of the finalists in the KPMG Private Enterprise’s Global Tech Innovator competition, which was designed to identify innovators in the United States that have the potential to become the next tech titans on the global stage. The contest recognized companies that show “deep insight” into new market fundamentals, and KPMG Private Enterprise noted that 10 finalists were invited to deliver their final pitches to a panel of industry experts. “Nowigence Inc. was one of those companies. Nowigence is emerging in the AI software space as a top innovative contender with its proprietary offering, Pluaris. The…

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WednesdayMay 11, 2022 11:31 am

NetworkNewsBreaks – Roth Capital Partners to Collaborate with IBN for Coverage of Roth Canada Showcase Day

Roth Capital Partners and InvestorBrandNetwork (“IBN”) are partnering to increase awareness and visibility of this month’s Roth Canada Showcase Day. The event, scheduled for May 17, 2022, is presented by Roth Capital Partners; IBN will be a media sponsor of the must-attend gathering. The in-person event is designed to create an invaluable opportunity for meaningful conversations as well as foster close ties between those in attendance, particularly U.S. institutional investors and Canadian C-suite executives. The event provides a unique opportunity for senior management of analyst-selected companies to offer a 15-minute corporate presentation to institutional investors in attendance; 1-on-1 meetings that…

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