NewsRoom Articles - Page 569 of 1423

MondayOct 19, 2020 10:56 am

SRAX Inc. (NASDAQ: SRAX) Spinoff BIGtoken(R) Inc. Announces George Stella as Chief Revenue Officer

George Stella appointed chief revenue officer of BIGtoken following executive vice president tenure at SRAX SRAX moving BIGtoken to separate publicly traded company through definitive share exchange agreement with Force Protection Video Equipment Corp BIGtoken platform compensates over 16 million users for data that marketers access for fee BIGtoken(R) Inc., a former SRAX (NASDAQ: SRAX) division, has appointed SRAX executive vice president George Stella as chief revenue officer of BIGtoken following its transition to a publicly-traded company. BIGtoken is a consumer data management and distribution system empowering brands to unlock the power of data through a transparent platform that rewards…

FridayOct 16, 2020 12:33 pm

The Wild West Crypto Show Delves into Staking

This week on the Wild West Crypto Show, hosts Drew Taylor and Brent Bates invited two special guests to talk about their experiences with “crypto staking.” Episode 129, titled “Markets Up After the Debate,” kicked off with Dan Schoen and Hart Simpson explaining the staking concept: how by simply holding cryptocurrencies to verify transactions and support a network, owners can earn rewards in the form of more cryptocurrency. Many blockchain networks encourage staking because it reduces the costs of a consensus mechanism. The original consensus mechanism, Proof-of-Work (“PoW”), employed by the Bitcoin blockchain, requires intense costly computational power. Thus Proof-of-Stake…

FridayOct 16, 2020 10:57 am

180 Life Sciences Corp. Expands IP Portfolio with EU, U.S., and Chinese Patents

The company’s patent portfolio includes its own intellectual property and exclusive worldwide licenses, including in the U.S., Canada, Europe, Australia, Hong Kong, and China 180 Life Sciences is in the final stages of its merger process with KBL Merger Corp. IV, with the resulting entity to list on NASDAQ under the ticker “ATNF” The company is devoting its clinical-stage biotechnology research to producing solutions that will help battle inflammation. Its primary focus is to treat fibrosis and inflammation using anti-TNF therapy The estimated annual market size for anti-inflammatory therapeutics is projected to grow to an estimated $106.1 billion in 2020.…

FridayOct 16, 2020 10:21 am

Rritual Mushrooms Inc. Takes Aim at New Wellness Industry in Functional Foods Marketplace

Rritual Mushrooms Inc. is an emerging producer of premium plant-based superfood products designed to help people meet the demands of modern life with style and ease The company introduced the wellness and nutraceuticals market to its suite of three mushroom and adaptogen-based elixir powders in September Rritual Mushrooms’ products were created to boost immunity, support brain function and help the body fight anxiety Rritual is positioned to take advantage of lifestyle trends that have promoted plant-based proteins and reduced meat consumption in recent years, as well as an invigorated interest in immunity-enhancing substances brought on by the worldwide COVID-19 pandemic…

ThursdayOct 15, 2020 1:38 pm

FinovateWest Digital 2020: Discover Tomorrow’s Solutions to Today’s Fintech Challenges

Finovate West Digital is on. Taking the place of Finovate Spring 2020, the event, set for Nov. 23–25, 2020, retains all the promise of its vernal antecedent. Although it is now a completely virtual affair, the conference maintains its merit as a platform to provide a rewarding combination of education, information and networking. Event organizers are gearing up to welcome over 1,100 senior executives from the banking and financial services sector, as well as founders and managers of fintech start-ups. More than 120 leading figures from various fields associated with digital financial technologies will share their expertise and experience. And…

ThursdayOct 15, 2020 1:14 pm

Net Element Inc. (NASDAQ: NETE) Well-Poised to Capitalize as EV Market Set to Grow by 29% per Annum Over Next Decade

Net Element’s reverse merger with EV manufacturer Mullen Technologies expected to close by 4Q2020 Mullen expects to begin marketing Dragonfly K50, sold in conjunction with JV partner Qiantu Motors from 2Q2021 followed by its own EV SUV in 2022 Deloitte expects annual EV sales to rise from 2.5mn in 2020 to 31.1mn in 2030, implying 29% CAGR over next ten years By 2030, EVs expected to account for 32% of all automobile sales globally, approximately 27% in United States Net Element (NASDAQ: NETE), a financial technology company which has recently transformed its business model to become a pure-play electric vehicle…

ThursdayOct 15, 2020 12:27 pm

AzurRx BioPharma Inc. (NASDAQ: AZRX) is “One to Watch”

AzurRx BioPharma’s lead therapeutic, MS1819, is a recombinant lipase treatment for exocrine pancreatic insufficiency and is currently targeting patients with cystic fibrosis and chronic pancreatitis – an established global market of more than $2 billion The company is currently pursuing parallel monotherapy and combination therapy trials, which are anticipated to produce topline data in Q1 2021 and Q2 2021, respectively Previously completed clinical trials of MS1819 showed primary and secondary endpoint efficacy, with a positive safety profile To fully finance its ongoing Phase 2 trials and being preparations for a pivotal Phase 3 study in 2021, as well as to…

ThursdayOct 15, 2020 9:00 am

SPACs Surge as Biotech Booms

NetworkNewsWire Editorial Coverage: As the world has focused on the search for COVID vaccines and therapeutics, biotech IPOs have quietly gone bonkers. As a matter of fact, 2020 is on track to post the highest number of biotech IPOs in over five years. Along the way, biotech companies have managed to raise a lot of capital already this year. As biotech demand has surged, so has the number of biotech-focused SPACs (Special Purpose Acquisition Company). A SPAC is a company that raises capital through an IPO with the sole intent of buying or merging with another operating company. SPACs have…

WednesdayOct 14, 2020 3:00 pm

Vireo Health International (CNSX: VREO) (OTCQX: VREOF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Vireo Health International (CNSX: VREO) (OTCQX: VREOF) is a leading American science-focused, multi-state cannabis company. With operations strategically located in early-stage, limited-license medical markets, Vireo manufactures pharmaceutical-grade cannabis products in environmentally friendly greenhouses and distributes its products through its growing network of Green Goods™ retail dispensaries and hundreds of third-party locations. Its current core medical markets of New York, Minnesota, Arizona, New Mexico, and Maryland all have the potential to enact adult-use legalization in the next three to 24 months, and two additional markets in Puerto Rico and Massachusetts also have potential for commercialization. Combined with its teams' focus on…

WednesdayOct 14, 2020 2:45 pm

Village Farms International Inc. (NASDAQ: VVF) (TSE: VFF) Featured in Virtual Coverage of Benzinga’s Cannabis Capital Conference

Village Farms International Inc. (NASDAQ: VVF) (TSE: VFF) is one of the largest and longest-operating greenhouse growers in North America. The company is leveraging its decades of experience as a large-scale, low-cost intensive agriculture and vertically integrated produce supplier to pursue high-value, high-growth plant-based Consumer Packaged Goods opportunities in cannabis and CBD in North America and selected markets internationally. In September 2020, Village Farms announced the acquisition of British Columbia, Canada-based Pure Sunfarms, which operates one of the single largest cannabis operations in the world. Michael A. DeGiglio, CEO of Village Farms, will be participating in a forum discussion alongside…

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