NetworkNewsBreaks

TuesdayJul 06, 2021 11:59 am

NetworkNewsBreaks – FingerMotion Inc. (FNGR) Subsidiary to Collaborate with Happy Life Insurance

FingerMotion (OTCQX: FNGR), a mobile services and data company, has entered into a collaboration with Happy Life Insurance through its subsidiary Xunlian Tianxia Technology. The partnership will focus on developing an innovative insurance business model powered by data and designed to deliver a suite of digital insurance solutions for consumers. The collaboration will meet a need in China that has come from an increase in the rate of adoption of online insurance products, which result in new business generation. According to the company, online insurance premiums exceeded 290 billion yuan ($44.8 million) in 2020  last year alone, with growth expected…

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TuesdayJul 06, 2021 11:08 am

NetworkNewsBreaks – Perpetual Industries Inc.’s (PRPI) Subsidiary Collaborating to Showcase One of the Most Significant Motorcycle Collections to Ever Come to Market

Perpetual Industries (OTC: PRPI) today announced that its wholly owned subsidiary Worldwide Auctioneers will host The Denny “Kannonball” Kannenberg Collection Auction at its Indiana headquarters this September. The all no-reserve auction, set to take place Sept. 10 and 11, 2021, will be presented by Gas Monkey Garage and Richard Rawlings and feature the lifetime collection of celebrated flat track racer Denny “Kannonball” Kannenberg. The sale will showcase one of the most significant motorcycle collections to ever come to market. “I’m blessed by the opportunity to bring the, literally, lifetime collection of my friend Denny to the world,” said Richard Rawlings…

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TuesdayJul 06, 2021 11:00 am

NetworkNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) Inks Contract with Global Energy Space Company

Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has entered into a multiyear agreement with a European-based, multinational company that has been named one of Fortune’s World’s Most Admired Companies. According to the announcement, the global company operates in the energy and automation markets has more than 100,000 employees working in more than 100 countries. The agreement calls for the two companies to partner together on multiple, defined scopes of work for the next two years, utilizing Nextech’s solutions for large enterprise clients. This announcement…

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TuesdayJul 06, 2021 10:41 am

NetworkNewsBreaks – Chalice Brands Ltd. (CSE: CHAL) (OTCQB: CHALF) Executes Another Record Quarter with Focus on Profitable Operations, Accreditive Acquisition

Chalice Brands (CSE: CHAL) (OTCQB: CHALF), formerly Golden Leaf Holdings Ltd., a premier consumer-driven cannabis company specializing in retail, production, processing, wholesale, and distribution, today pre-announced its unaudited financial results for the second quarter 2021. Among the highlights, the company reported highest-ever record quarterly revenues from continuing operations of $6.8 million, a 23% year-over-year increase compared to $5.5 million for the same period in 2020. “We are immensely proud to execute another record quarter by focusing on profitable operations and the accretive acquisition a Homegrown Oregon,” said Jeff Yapp, CEO and president of Chalice Brands. “The integration of Homegrown and…

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TuesdayJul 06, 2021 10:28 am

NetworkNewsBreaks – Cybin Inc. (NEO: CYBN) (OTCQB: CLXPF) Announces Agreement with US Mental Health Chain Group

Cybin (NEO: CYBN) (OTCQB: CLXPF), a biotechnology company focused on progressing psychedelic therapeutics, has entered into an exclusive research and development collaboration agreement with TMS NeuroHealth Centers Inc. (“TMS”). TMS is a wholly owned subsidiary of Greenbrook TMS Inc. (TSX: GTMS) (NASDAQ: GBNH), a group of 129 outpatient mental health service centers located across the United States. According to the announcement, Cybin and Greenbrook will partner together to establish that the two companies call Mental Health Centers of Excellence; the centers will focus on facilitating R&D of pioneering psychedelic compound-based therapeutics for individuals struggling with depression. Cybin and Greenbrook bring…

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TuesdayJul 06, 2021 10:11 am

NetworkNewsBreaks – Splash Beverage Group Inc. (NYSE American: SBEV) Engages Eagle Brands to Launch SALT Tequila into Miami-Dade and Neighboring Markets

Splash Beverage Group (NYSE American: SBEV), a portfolio company of leading beverage brands, today announced that its SALT tequila is now distributed by Eagle Brands Inc., a family owned juggernaut in the beverage distribution business. According to the update, the agreement ensures a large increase in exposure for SALT tequila, as the product will be the focus of several launch activities and events. “We’re thrilled to engage Eagle Brands to launch SALT tequila into the Miami-Dade and neighboring markets. With over 300 experienced and motivated Eagle Brands team members, we are confident SALT tequila will experience rapid market exposure under…

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TuesdayJul 06, 2021 10:07 am

NetworkNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Announces FY 2021 Financial Record, Closing of Private Placement

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), a producer of premium bottled alkaline water, flavor-infused waters and CBD-infused products sold under the brand names Alkaline88(R), A88 Infused(TM) and A88CBD(TM), saw record revenue in fiscal year 2021. In its FY2021 financial report, which includes numbers for the full fiscal year ending March 31, 2021, the company reported revenue of $46 million, which represents a 20% growth over fiscal year 2020. In addition to record revenue, the company reported CAGR of 52% since fiscal 2015; cost of goods sold reaching approximately $29.6 million; and gross profit showing a 25% increase over FY2020,…

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TuesdayJul 06, 2021 9:52 am

NetworkNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based products, owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz County, California. “Over the last 15 months, Grapefruit has been hampered from effectively distributing our Hourglass topical relief cream to new retail cannabis outlets due to the COVID-19 lockdown. Now that the…

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TuesdayJul 06, 2021 9:35 am

NetworkNewsBreaks – Sprout AI Inc. (CSE: SPRT) Begins Trading on Canadian Securities Exchange

Sprout AI(CSE: SPRT) announced that, as of market open today, the company’s common shares would be trading on the Canadian Securities Exchange (“CSE”). Sprout noted that it had met all requirements to be listed; Sprout shares will be trading under the trading symbol SPRT. The company noted that more information regarding the announcement was available in the final long-form prospectus of Sprout AI and the June 30, 2021, listing statement; both those files are available on the company’s SEDAR profile. “On behalf of the Sprout AI team, I’m happy to announce that we see a future where everyone has access to…

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FridayJul 02, 2021 3:26 pm

NetworkNewsBreaks – Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) Featured in Mizuho Securities Research Report

Arcutis Biotherapeutics, Inc. (NASDAQ: ARQT) was featured in a recent equity research report published by Mizuho Securities USA LLC. The report reads, “A key debate on Arcutis’ lead asset, topical roflumilast, has been on its market potential given the likely difficult formulary environment and cheaper generic treatments. We surveyed 20 high-volume dermatologists and, based on our proprietary work, we believe topical roflumilast has blockbuster potential given the potential best-in-class profile in three large topical dermatological markets (psoriasis, atopic dermatitis, and seborrheic dermatitis). We model risk-adjusted total roflumilast revenues of $1.42Bn in 2030 that will likely increase to >$2Bn (unadj) as…

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