Archive for August, 2021

$NEXCF Eyes Market Opportunity ‘as Big as the Metaverse’

Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has closed the previously announced acquisition of U.K.-based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. According to the update, the acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses,” which the company is actively pursuing and believes is a market opportunity as big as the metaverse itself. “The potential for Nextech to be first to market with mini-metaverses, spatial maps as NFTs in the metaverse and leveraging our creator platform HoloX to populate the metaverse with content at scale is super exciting to me,” said Nextech CEO Evan Gappelberg with the Aug. 10 announcement of the acquisition. “With (Nextech’s) global sales and marketing machine, our combined AI teams and our existing AR tech and resources as a public company, I feel confident that we will quickly take a leadership position in the AR metaverse!”

To view the full press release, visit https://ibn.fm/XtEmp

About Nextech AR Solutions Corp.

Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences, altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance), as well as learning and training experiences. Nextech focuses on developing AR solutions; however, most of the company’s revenues are currently derived from three ecommerce platforms, VacuumCleanerMarket.com (“VCM”), InfinitePetLife.com (“IPL”) and TruLyfeSupplements.com (“TruLyfe”), as well as VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, visit www.NextechAR.com.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at http://ibn.fm/NEXCF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $NEXCF Eyes Market Opportunity ‘as Big as the Metaverse’

$NETE Mullen to Unveil Strikingly Different(TM) FIVE at 2021 Los Angeles International Auto Show(R) and CES(R) 2022

Net Element (NASDAQ: NETE) is in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the debut date of the Mullen FIVE EV Crossover. According to the update, the company will debut to the world, for the first time, the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles International Auto Show (“LAIAS”). The Strikingly Different(TM) FIVE will debut in the South Hall on day one of international media and press days at LAIAS and will continue on display during the consumer days of the show, Nov. 19-28, 2021. In addition, Mullen will continue its momentum into 2022 by additionally displaying and showcasing the Mullen FIVE at the Consumer Electronic Show (“CES(R) 2022”), taking place Jan. 5-8, 2022, in Las Vegas. “Debuting the FIVE is a dream of mine that has been years in the making. I am really beyond words for what this means to me personally,” said David Michery, CEO and chairman of Mullen. “I want to take a moment and thank the Mullen team, whose focus has been making the FIVE a reality. Both the LA show and CES are two of the largest and most well-respected international automotive shows in the world. I cannot think of a better place for us to debut the FIVE, front and center for the world to see.”

To view the full news release, visit https://ibn.fm/nDgyb

About Net Element Inc.

Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. On Aug. 5, 2020, Net Element announced the execution of a definitive agreement to merge with privately held Mullen Technologies Inc., a Southern California-based electric vehicle company in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company (the “contemplated merger”). That contemplated merger is subject to customary closing conditions, regulatory approvals and shareholder approval for both companies. For additional information, visitwww.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $NETE Mullen to Unveil Strikingly Different(TM) FIVE at 2021 Los Angeles International Auto Show(R) and CES(R) 2022

$KAVL ‘More Enthusiastic than Ever’ to Harness Exciting Potential

Kaival Brands (NASDAQ: KAVL), focused on developing products into mature, dominant brands, is the exclusive global distributor of products manufactured by Bidi Vapor LLC. Kaival Brands recently began trading on the Nasdaq Capital Market under the ticker symbol KAVL, marking a significant achievement for the company. “I am pleased to announce that the company has been approved to begin trading on the Nasdaq,” a recent article quotes KAVL founder and CEO Niraj Patel. “This event represents another monumental milestone in our company’s short history. We have worked diligently to achieve this goal and are humbled and grateful on the inclusion to the Nasdaq. We are more enthusiastic than ever about being able to harness Kaival’s exciting potential.”

To view the full article, visit https://ibn.fm/SoOc4

About Kaival Brands Innovations Group Inc.

Based in Grant, Florida, Kaival Brands is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. The company’s vision is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. Kaival Brands is the exclusive global distributor of all products currently manufactured by Bidi(R) Vapor LLC, a leader in disposable electronic nicotine delivery systems (“ENDS”), and is poised to expand internationally. For more information about the company, visit www.KaivalBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://ibn.fm/KAVL

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $KAVL ‘More Enthusiastic than Ever’ to Harness Exciting Potential

$IFBD Capitalizing on the Growing Global SaaS Market Through Innovation and AI-Powered Solutions

  • The SaaS sector is projected to grow by $99.99 billion between 2021 and 2025
  • It is also projected that in the next few years, SaaS tools will exceed 50,000 globally
  • Infobird is positioning itself to capitalize on this growth through innovation and its line of AI-powered solutions
  • Its launch and successful implementation of the Intelligent Quality Inspection SaaS in July 2021 marks the company’s commitment to innovation and solving customer needs
  • Infobird also continues to set itself apart by involving its customers in the development of Intelligent Quality Inspection SaaS

Experts project that within the next few years, Software-as-a-Service (“SaaS”) tools will exceed 50,000 globally (https://ibn.fm/mvxSt). They note that most mid-market enterprises will use dozens of tools for various functions, with smaller companies using even more to cover every function. They acknowledge and confirm the growing popularity of SaaS along with the unique value proposition it offers to businesses around the world. This sector is projected to grow by $99.99 billion between 2021 and 2025, and Infobird (NASDAQ: IFBD) is positioning itself to make the most out of this growth (https://ibn.fm/L1DPg).

Infobird is a SaaS company with a focus on the Chinese market, specifically for the finance segment. It offers Artificial intelligence (“AI”)-enabled end-to-end customer engagement solutions for businesses within this market. The company is constantly innovating and redefining itself. So far, it has 70 Intellectual Property (“IP”) rights developed under its cloud-native architecture and AI technologies. This is aiding with the company’s growth and the expansion of its customer base and market reach.

In July 2021, Infobird announced the successful implementation of its Intelligent Quality Inspection SaaS with one of the largest fintech companies in China (https://ibn.fm/DGIyL). (https://ibn.fm/2xHV3). (https://ibn.fm/dn5Ev). (https://ibn.fm/L2JEo). This Intelligent Quality Inspection SaaS was explicitly designed to initiate intelligent management and operations for clients’ customer service platforms. Additionally, it lays the foundation for further upgrades of the clients’ customer service, a massive milestone for Infobird.

With innovations and new product additions such as these, Infobird is slowly but surely, asserting its position as a leader in the Chinese, global SaaS markets. It is also positioning itself to capitalize on the imminent growth of this sector while making the most out of the various available opportunities.

One thing that sets Infobird apart from its competitors is its client involvement when developing Intelligent Quality Inspection SaaS. The company is committed to tailoring the service to the clients’ needs. This often means involving them in the entire process, understanding how they work and function, and their objectives for the software and their business. Infobird goes out of its way to research and analyze its clients’ customer service business scenarios, thereby building a flexible multi-dimensional quality inspection model that is guaranteed to work and guaranteed to be of value to the client (https://ibn.fm/jyv0c). The company also understands that offering a great SaaS experience is more than simply creating the system and getting it to work. Instead, it takes it a step further by conducting customer service training and management work, a move aimed at achieving greater productivity, efficiency, and success.

Infobird is an enterprise that understands the potential of the SaaS market, hence its commitment to innovation and solving customer needs and requirements. With its research and development, the company is asserting itself as the industry leader while pushing the next frontier in SaaS, AI, and a fusion of the two.

For more information, visit the company’s website at www.Infobird.com/en/index.html.

NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

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Thursday, August 26th, 2021 Uncategorized Comments Off on $IFBD Capitalizing on the Growing Global SaaS Market Through Innovation and AI-Powered Solutions

$IDEX WAVE Subsidiary Names Accomplished Clean Transportation Exec as CEO

Ideanomics’ (NASDAQ: IDEX) subsidiary, WAVE, a leading high-power inductive charging solution provider for medium- and heavy-duty vehicles, has named Aaron Gillmore its CEO effective immediately. Gillmore is an accomplished executive in clean transportation with broad expertise in electric commercial vehicles, EV charging, renewable energy, and battery storage. The appointment sets the path for WAVE to accelerate its scalability and growth across a wide range of industries and markets. In addition, the company announced that Michael Masquelier will serve as its chief technical officer and lead engineering, operations and technology development as it is experiencing strong growth. “Aaron comes to the Ideanomics team with a proven track record for critical revenue growth success and an array of experience in cleantech and emerging markets,” said Alf Poor, CEO of Ideanomics. “We are thrilled to have him at the helm of WAVE as the team continues to demonstrate commercial success through high-profile partnerships with the Department of Energy, Kenworth, UPS, and Sourcewell. We believe his expertise will be quintessential to the continued success and development of WAVE’s innovative inductive charging infrastructure and with his wealth of experience in fleet electrification and EV charging, we are confident in his ability to transition into this new role with ease and bring forward even more growth opportunities to WAVE.”

To view the full press release, visit https://ibn.fm/M3v1J

About Ideanomics Inc.

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under an innovative sales-to-financing-to-charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, and shareholders with the opportunity to participate in high-potential growth industries. For more information, visit www.Ideanomics.com.

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at http://ibn.fm/IDEX

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

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Thursday, August 26th, 2021 Uncategorized Comments Off on $IDEX WAVE Subsidiary Names Accomplished Clean Transportation Exec as CEO

$EXN Platosa Continues Production at Historically High Rates

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, recently published its second quarter results for the 2021 fiscal year. Among the highlights, the company reported Q2 2021 revenues of $9.7 million, up from the $0.7 million registered in Q2 2020, and significantly improved gross profit to $2.1 million, up from last year’s loss of -$2.6 million. “Excellon Resources’ strong second quarter results were directly correlated to the robust production numbers generated from the Platosa Mine in Durango, Mexico,” reads a recent article. “Excellon saw silver production of 296,013 ounces, lead production of 1.9 million pounds and zinc production of 2.5 million pounds — in aggregate totaling silver equivalent production of 487,009 ounces. Although comparative results relative to the equivalent period in 2020 were impacted by the suspension of activities in Mexico from April 2, 2020, to June 1, 2020, on account of the COVID-19 outbreak, the second quarter of 2021 marked the fourth consecutive quarter of over 21,000 tonnes mined and milled. ‘Platosa delivered a fourth consecutive quarter of production at historically high productivity rates,’ stated Brendan Cahill, president & CEO of Excellon Resources.”

To view the full article, visit https://ibn.fm/YSpXy

About Excellon Resources Inc.

Excellon’s vision is to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of its employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. Additional details on Excellon’s properties are available at www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at http://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $EXN Platosa Continues Production at Historically High Rates

$BRSF Molecular Approaches May Help Accurately Diagnose Lesions in Drug-Resistant Focal Epilepsy

recently published review has discovered that considering genetic data for individuals who are suffering from drug-resistant focal epilepsy has led to the definition of novel illness entities and enhanced clinical decision making. Drug-resistant focal epilepsy, as defined by the International League Against Epilepsy, usually occurs when an individual has failed to stay free of seizures with sufficient trials of 2 ASMs (anti-seizure medication). The disease is often caused by brain lesions such as glioneural tumors.

These drugs must have been specifically chosen for the individual’s type of seizures and tried in combination with other seizure medications or on their own. Epilepsy surgery can be a curative treatment option for some patients.

Physicians usually identify these lesions using intracerebral electroencephalogram and magnetic resonance imaging (“MRIs”). However, these techniques lack the accuracy and specificity required to the lesions.

This led the research team to develop a tumor classifier that utilizes epigenetic profiling. The brain tumor classifier utilizes CpG sites in identifying different tumor groups and has shown to be useful in recognizing multiple tumor entities, including isomorphic diffuse glioma, glioneural tumors with nuclear clusters and primary mismatch repair-deficient IDH-mutant astrocytoma. These lesions, among many others, are difficult to diagnose without using molecular approaches and are usually morphologically heterogeneous.

In their report, the authors of the review discuss the different types of lesions that are linked to particular molecular markers. These lesions are brought about by a combination of germline and somatic variants, and they often impact glycosylation, receptor tyrosine kinase/mitogen-activate protein kinase (RTK/MPAK) signaling and mechanistic target of rapamycin (“mTOR”) signaling. These lesions can also be evaluated using cell-free DNA, without conducting a biopsy. This can be done using a cerebrospinal fluid sample that has been collected by a dural puncture.

However, the authors note in their report that this particular technique may require additional validation. Methylation profiles evaluated from peripheral blood can also be used to diagnose epilepsy, but studies on methylation in epilepsy are scarce at the moment. In addition, more studies and samples are required to assess the potential of DNA methylation in drug-resistant focal epilepsy.

The authors of the review conclude that molecular approaches are altering the diagnostic process for individuals suffering from this particular type of epilepsy. They note that the approaches could potentially be used by physicians to accurately give diagnoses of causal lesions based off of data collected using procedures that are less-invasive.

The neurology diagnosis segment is growing rapidly, and the improved diagnostic devices marketed by companies such as Brain Scientific Inc. (OTCQB: BRSF) are likely to enable earlier detection of conditions which compromise neurological health.

NOTE TO INVESTORS: The latest news and updates relating to Brain Scientific Inc. (OTCQB: BRSF) are available in the company’s newsroom at https://ibn.fm/BRSF

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $BRSF Molecular Approaches May Help Accurately Diagnose Lesions in Drug-Resistant Focal Epilepsy

$ANPC Names CEO of AnPac Bio U.S. to Drive Adoption of Early Cancer Detection Technology

  • Early cancer detection technology innovator AnPac Bio-Medical Science Co. Ltd. has been awarded 142 patents with 95 patents pending as part of its bid to revolutionize cancer screening protocols
  • AnPac Bio’s proprietary technology screens for a variety of biophysical properties and analyzes the results to establish risk factors for tumor development before tumor cells begin circulating in the bloodstream
  • AnPac Bio’s technology can be combined with the more extant tumor cell-detection technology to boost the screening’s effectiveness
  • The international company, with operations in the US and China recently named an accomplished bio-medical executive, Dr. Sunil Pandit, as the CEO of its U.S. operations.

The US and China based cancer screening technology innovator AnPac Bio-Medical Science (NASDAQ: ANPC) is advancing its operations in the United States, announcing Aug. 17 that accomplished bio-medical scientist Dr. Sunil Pandit has been named the CEO of the company’s U.S. operations, AnPac Technology USA Co., Ltd. (or AnPac Bio US).

Dr. Pandit will lead the company’s strategic efforts to increase adoption of AnPac Bio’s early cancer detection technology — the pioneering Cancer Differentiation Analysis (“CDA”) platform that is the company’s core product and a proven revenue generator.

“AnPac Bio has been recognized for its innovation and leadership in the field of early cancer screening and detection,” Pandit stated in the news release announcing his appointment (https://ibn.fm/KSjtr). “I am confident that given AnPac Bio’s strong innovation and superiority of its novel cancer screening products, we will win customers and market share and become a top tier cancer screening and early detection company in the U.S. in the future.”

Blood sample-based cancer screenings generally target protein-based biomarkers, genomic signals, such as circulating tumor DNA (ct-DNA), circulating in the blood stream to determine if a cancer exists and is spreading. The novelty of AnPac Bio’s early detection technology is looking for signals to help it assess the risk of cancer occurring before a tumor has developed. In addition to CDA technology’s ability to detect early cancer risk, this technology also has unique advantages in detecting multiple cancer types and is highly cost effective.

“Recent studies have shown that there is a correlation between certain biophysical properties, including acoustical, electrical, magnetic, nano-mechanical and optical properties, and cancer occurrence. These studies have revealed that biophysical properties could be important non-genetic aspects of the micro-environment regulating the balance between normal cell growth and carcinogenesis (cancerous growth), which may lead to cancer occurrence,” the company’s Prospectus Supplement filed with the U.S. Securities and Exchange Commission last month states (https://ibn.fm/GfDKx).

“Our proprietary CDA device uses an integrated sensor system to detect certain biophysical signals in blood samples,” the supplement adds. “After collecting data on these signals, we use our CDA technology and proprietary algorithm to measure and analyze these signals at multiple biological levels (including the protein, cellular and molecular levels) and with multiple parameters (including the overall CDA value, the PTF value and the CTF value).”

PTF and CTF values refer to the Protein Tumor Factor and Cellular Tumor Factor data sets and is proprietary to Anpac Bio CDA technology.

Patent applications for the apparatus and methods behind the CDA detection technology began about a decade ago and in 2015 the company performed its first commercial CDA-based test, with the capacity to screen for 16 different types of cancers using a multi-level, multi-parameter approach, well before its current competitors. The company now is able to detect the risk of 26 different cancer types with high sensitivity and specificity. In 2020, despite the global pandemic, the Company’s overall revenue increased by 89.1%, to $3.2 million. The company also pre-announced recently that its test volume in the first half of 2021 has increased 110% over the same period in 2020.

For more information, visit the company’s website at www.AnPacBio.com.

NOTE TO INVESTORS: The latest news and updates relating to ANPC are available in the company’s newsroom at https://ibn.fm/ANPC

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Thursday, August 26th, 2021 Uncategorized Comments Off on $ANPC Names CEO of AnPac Bio U.S. to Drive Adoption of Early Cancer Detection Technology

$WTER Continues Strong Growth Streak

The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER) reported another record year when it announced fiscal 2021 results. “The company’s FY 2021 numbers show record revenue of $46 million, a 20% year-over-year increase for the country’s largest independent alkaline water company,” reads a recent article. WTER president and CEO Richard A. Wright noted that the results marked a continuation of “our streak of never having a down or flat year,” further stating that the company’s employees and business partners rose to the occasion throughout last year. The company has seen significant sales into fiscal 2022. In addition to financial highlights, the FY 2021 report noted key operational milestones, including the fact that the company’s flagship product, Alkaline88(R), is now available in more than 75,000 stores, significant expansion efforts and new export certificates from the FDA. “The trust and appreciation we earned from our strong performance throughout the pandemic allowed us to continue to see more organic and new-store growth, and an expanding presence in more key channels,” Wright continued. “Our guidance for the full fiscal year 2022 is $62 million, which would represent year-over-year growth of 35%.”

To view the full article, visit: https://cnw.fm/mEASZ

About The Alkaline Water Company Inc.

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors with new flavors coming soon. In 2021, The Alkaline Water Company was pleased to welcome Shaquille O’Neal to its board of advisors and to serve as the celebrity brand ambassador for the Alklaine88 and A88 Infused brands. To purchase Alkaline88 and A88 Flavor Infused products online, visit www.Alkaline88.com. To learn more about the company, visit www.TheAlkalineWaterCo.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://cnw.fm/WTER

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $WTER Continues Strong Growth Streak

$TOBAF Launches Revamped TryTAAT Site

TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) has announced an updated e-commerce portal: TryTAAT.com. The company noted that it was working to make the website more engaging and fun by revamping the site to include more information about TAAT that adult-aged smokers are asking for as well as a smoother checkout and automated age-verification system. The updated website offers a blog and Science Zone and About Us sections that provide timely and relevant information and material about TAAT and its flagship product, TAAT(TM) tobacco-free, nicotine-free cigarette alternative. In addition, the site has a Free Pack page where visitors can request choose a flavor — TAAT is available in Original, Menthol and Smooth — as well as a mor robust shipping site and digital tracking system. Finally the site features a new events section that lists local and national events with TAAT ties and a review section where TAAT customers can share their experiences.

For more information, please visit www.TAATGlobal.com.

About TAAT Global Alternatives Inc.

TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry.

NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at http://ibn.fm/TOBAF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $TOBAF Launches Revamped TryTAAT Site

$SVFD Announces Advisory Board Appointment of Dror Eigerman

Save Foods (NASDAQ: SVFD), an agri-food-tech company focused on developing and selling eco-friendly products specifically designed to extend shelf life and ensure food safety of fresh fruits and vegetables, today announced the appointment of Dror Eigerman to its advisory board. Eigerman is the chief executive officer of Galilee Export, Israel’s second largest exporter of fruits and vegetables, where he oversees the growing and shipping of over 75,000 tons of produce to buyers around the world. “I am so pleased that Dror has agreed to join our advisory board,” said SVFD CEO David Palach, commenting on the appointment. “His experience in the field and throughout the sales process has made him keenly aware how critical shelf life is as well as the burden related to complying with the increasingly stringent standards for selling produce in the EU and other regulated markets; the issues our customers face every day.”

To view the full press release, visit https://ibn.fm/62z85

About Save Foods Inc.

Save Foods is an innovative, dynamic company addressing two of the most significant challenges in the agri-food-tech industry: food waste and loss and food safety. The company is dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with its customers, Save Foods develops new solutions that benefit the entire supply chain and improve the safety and quality of life of both workers and the consumers alike. SVFD’s initial applications are in post-harvest treatments in fruit and vegetable packing houses processing citrus fruits, avocados, pears, bell peppers and mangos. By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods products not only prolong fresh produce shelf life and reduce food loss and waste, they also ensure a safe, natural and healthy product. For more information about the company, visit www.SaveFoods.co.

NOTE TO INVESTORS: The latest news and updates relating to SVFD are available in the company’s newsroom at http://ibn.fm/SVFD

About InvestorWire

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With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $SVFD Announces Advisory Board Appointment of Dror Eigerman

$RWBYF 420 with CNW – As Cannabis Legalization Spreads, Companies Are Reconsidering Drug Policies

America’s increasingly liberal attitude regarding cannabis consumption has started to impact workplace policies. For decades, both federal and state law outlawed cannabis, which was in turn mirrored in workplace policies across the country. Most employers had a zero-tolerance policy on cannabis, with some even requiring regular drug tests and firing employees who failed. But with cannabis reform sweeping the nation, companies are starting to reconsider their drug policies.

This became increasingly clear when Amazon, the largest player in the e-commerce market with 1.3 million employees around the world, announced that it would cease testing job seekers for marijuana. A lot of businesses had been revising their drug policies in the wake of increased cannabis legalization, but Amazon’s announcement showed that the cannabis reform movement was gaining major traction. However, president and CEO of the Illinois Chamber of Commerce Todd Maisch says that while plenty of companies are relaxing their attitudes toward cannabis, there’s still plenty that aren’t.

No business wants their employees to be impaired while on the job, he says, but for a lot of them, the days of random drug tests are drawing to a close. It ultimately depends on the type of business, with some having a lot of flexibility regarding their drug policies and others being unwilling and in most cases unable to relax their drug policies. For instance, businesses in construction whose employees have to use heavy machinery have to maintain a drug-free policy to keep their staff safe while on-site as well as to limit their culpability in case an impaired employee is involved in a workplace accident.

Additionally, entities and individuals that have contracts with the federal government are required to stay clear of all drugs, even the ones that are state legal, because drug use is outlawed by federal law. As such, Maisch says, the evolution of workplace policies regarding cannabis consumption has had two approaches, with some companies adapting to the changing times and others digging their heels in and adhering to federal policy on cannabis. Fortunately for cannabis-reform proponents, current events have influenced how employers treat cannabis.

The pandemic had a historic effect on the job market, forcing a lot of industries to slow down in the wake of lockdown orders and promoting a work-from-home culture. More than a year after the coronavirus struck and as the world started opening up, people began questioning the job market and demanding fair pay and benefits. This has led to a labor shortage of the likes we have never seen before, and employers are scrambling to hire employees who are willing to join their ranks.

Thus, employers across the country are ready to loosen their workplace policies, especially regarding off-duty cannabis use, Maisch says. This easing of restrictions is likely to open up even more the clientele for cannabis products made by companies such as Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) since more people will be willing to consider cannabis usage during their off-duty hours.

NOTE TO INVESTORS: The latest news and updates relating to Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) are available in the company’s newsroom at https://cnw.fm/RWBYF

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $RWBYF 420 with CNW – As Cannabis Legalization Spreads, Companies Are Reconsidering Drug Policies

$PLTXF Investing in the Movement: Plant-Based Food Is the New Black

NetworkNewsWire Editorial Coverage: An old investing proverb states “the trend if your friend.” Tested and proven through time, the proverb rarely does an investor wrong. To that point, two emerging trends that should be commanding attention are plant-based foods and food delivery. Both were disrupted during the COVID-19 pandemic but in slightly different ways as consumers became more in tune with their bodies while having to cope with shuttered restaurants amid global lockdowns and social-distancing mandates. With the coronavirus slowly slipping into the rear mirror, these markets should continue their upward treks undergirded by consumers adopting healthier, more convenient lifestyles. At the intersection of plant-based foods and food delivery is PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) (Profile), a company on a mission to not just be a brand but also a lifestyle, partner to all brands, and the digital face of the entire plant-based community. Others looking to capitalize on the trend away from animal-based foods include Beyond Meat Inc. (NASDAQ: BYND)Tattooed Chef Inc. (NASDAQ: TTCF)Amazon.com Inc. (NASDAQ: AMZN) and Oatly Group AB (NASDAQ: OTLY).

  • The global market for plant-based foods could see fivefold growth by 2030, according to a recent Bloomberg article.
  • PlantX Life is a first mover combining a leading e-commerce platform selling exclusively plant-based products with a meal preparation and delivery service.
  • Delivery of online sales of prepared vegan meals and drinks began in January and have since expanded in Canada and begun in Los Angeles.
  • PlantX works with sports stars Venus Williams and Justin Fields as ambassadors and world renown vegan chef Matthew Kenney as its chief culinary officer.

Double-Digit Growth Trends

It wasn’t long ago that faux meat was scoffed at — that is until Beyond Meat and rival Impossible Burger became international brands, landing on menus and in refrigerated coolers at leading stores and restaurants and generating valuations into the billions of dollars. The trend toward plant-based meat hiccupped during the coronavirus pandemic in 2020 insomuch that restaurant sales fell while the U.S. plant-based food industry grew as a whole. Analysts at IMARC note that the global plant-based food market reached $35.6 billion in 2020, while forecasting double-digit annual growth of 10.4% through 2026, which equates to near doubling for the market to $64.5 billion.

The global market for plant-based foods could see fivefold growth by 2030, according to a recent Bloomberg article. That increase is helped by rising consumer demand for sustainable products. “Sales of plant-based dairy and meat alternatives reached $29.4 billion in 2020, and could increase to $162 billion by 2030, comprising 7.7% of the global protein market,” the article stated.

“Meat and dairy substitutes are marketed as healthier and more sustainable than the products from animals that they aim to replace,” the article continued. “They’re getting popular just as consumers become more conscious of the environmental footprint of food, and aim for healthier eating.” The forecasts indicate that consumers are increasingly moving towards vegan diets and ditching long lines in favor of ordering online and eating premium food without leaving the comforts of home.

These aren’t exactly new trends; they were already emerging trends that accelerated during the pandemic. PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) is an early mover in the space as the first public company focusing on the plant-based e-commerce sector, in addition to a network of brick-and-mortar retail locations. The company is similar to a specialized Amazon.com with added features. Since inception in February 2020, the company has moved with purpose toward a core objective of becoming the most trusted and convenient destination for people living plant-based lives. Brands under the PlantX umbrella include XFood, Bloombox Club, Little West, New Deli, Locavore Bar & Grill and Cloudburst Café.

The PlantX platform is robust, offering consumer packaged goods for plant-based lifestyles, an integrated home-delivery system for thousands of vegan grocery items, meals, wines, beers recipes, indoor plants and more, as well as an online community where like-minded individuals connect from different parts of the world. PlantX has built trust as a premier e-commerce platform and manufacturer through partnerships with venerable restaurants, nutritionists, chefs and brands.

PlantX Star-Studded Lineup

PlantX offers more than 5,000 plant-based consumer products available for home delivery ranging from foodstuffs, vitamins, cosmetics, pet food and more. In a move of marketing genius, the company partnered with sports superstars and plant-based lifestyle advocates as brand ambassadors, including tennis star Venus Williams, Chicago Bears quarterback Justin Fields, extreme skier Nick McNutt and extreme mountain biker Rémy Métailler. These professional athletes and personalities share and promote their favorite products from individual juices to complete meals for fans and PlantX shoppers to follow.

PlantX’s XFood lineup of innovative plant-based meals are designed by restaurateur and famous vegan chef Matthew Kenney, who is also the company’s chief culinary officer. Kenney is world renowned as the chef behind more than 40 vegan restaurants, including Double Zero, Plant Food and Wine, Baia, Alibi and Sutra. In order to spearhead the movement towards vegan home-meal delivery, PlantX partnered with Vancouver-based food tech company UpMeals.

Expansion in Canada, Launched in U.S.

PlantX’s meal-delivery plan was first launched in Canada in January 2021. Customers could order a la carte, three-day or five-day meal plans that include breakfast, lunch and dinner as part of a “set it and forget it” subscription service. Meals were shipped once a week. By June, the company responded to growing demand in Canada by adding a second delivery day each week for its subscription meal programs.

In July, the meal delivery service was launched in the United States, with packaged meals prepared at PlantX’s ghost kitchen in Los Angeles first reaching American customers on August 9. The three-day and five-day meal plans retail for $99.95 and $174.95, respectively, with the company offering a 10% discount for first-time customers. Meals are currently available in Southern California within a 60-mile radius of Los Angeles, which covers a population of roughly 19 million people.

Going forward, PlantX intends to steadily add new markets to eventually service the whole country. The decision to launch in the populous Greater LA region could prove prescient to build brand recognition and leverage its team and operational structure, considering LA was ranked the second most vegetarian- and vegan-friendly city in America by WalletHub.

PlantX Teams with Disney

Companies are often best known for the company that they keep, and PlantX is checking the boxes. This month, the company’s Bloombox Club Limited business, a U.K.-based e-commerce platform that sells and delivers indoor plants and accessories (pots, watering cans, misters, etc.), partnered with the Walt Disney Company. Per the pact, the new partners are working together to promote Bloombox products and celebrate the release of Disney’s new film, “Jungle Cruise,” which has launched in theaters and on Disney+.  Starring Dwayne “The Rock” Johnson and Emily Blunt, the film reeled in more than $90 million in theater and streaming sales during opening weekend early this month.

The co-branded campaign will include Bloombox promoting the film via a new Amazonian exotic plant collection. Among other things, the promotion will also include a social media campaign and a treasure hunt on the Bloombox website.

Meat Alternatives Are Here to Stay

Billions of dollars in investment are going into the plant-based food space as companies and investors alike recognize the market opportunity. The secret is out that plant-based foods aren’t some newfangled concoctions swirled up in beakers by chemists in lab. The science is sound, the taste and texture are comparable to their animal counterparts, and the recipes are designed by world-class chefs.

Beyond Meat Inc. (NASDAQ: BYND) is one of the fastest-growing food companies in the United States, offering a portfolio of revolutionary plant-based proteins made from simple ingredients without GMOs, bioengineered ingredients, hormones, antibiotics, or cholesterol. This month, Beyond Meat teamed up with Pizza Hut to add plant-based pepperoni to the menu developed jointly by both companies’ culinary teams. Made from rice and peas, Beyond Pepperoni reportedly crisps like traditional meat pepperoni with zero cholesterol or animal products and is being introduced for a limited time at 70 locations in five cities.

Tattooed Chef Inc. (NASDAQ: TTCF) signature products include ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, and cauliflower pizza crusts found in leading food stores throughout the United States. This month the company released results from the second quarter, which spoke to growing demand for its products. Revenue was $50.7 million, a 45.9% increase compared to $34.8 million in the prior year period, including Tattooed Chef-branded product revenue climbing to $33.1 million, an increase of 62.3% compared to $20.4 million in the prior year period.

Amazon.com Inc. (NASDAQ: AMZN) is an e-commerce giant that sells tens of thousands of plant-based products. Additionally, Amazon has a direct interest in the wellness space since it bought Whole Foods Market for $13.4 billion in 2017. Whole Foods last year debuted a plant-based dairy alternative product (read as “plant-based milk”) that was developed by NotCo, a company that was backed by venture capital including Bezos Expeditions, a business of Amazon CEO Jeff Bezos.

Oatly Group AB (NASDAQ: OTLY) is the world’s original and largest oat drink company. Oatly has branched out into a portfolio of oat-based dairy alternatives including milk, ice cream, yogurt, cooking creams and spreads. The Sweden-based company has its products in more than 20 countries and recently increased capacity at its facility in Ogden, Utah, to support an acceleration in consumer demand.

The investment community will surely be watching for Impossible Burger to pull the trigger with an initial public offering, as a signal that Wall Street appetite is growing again for plant-based food companies. Safe to say, that plant-based food and drinks aren’t going anywhere but up, as they become staples in the lives of younger generations, who, by the way, like the food brought right to their door.

For more information about PlantX Life Inc., please visit PlantX Life Inc.

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $PLTXF Investing in the Movement: Plant-Based Food Is the New Black

$NEXCF Named Google Early Access Partner

Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, announced that the company has been selected as an early access partner for the Google 3D AR Search Program. With this distinction, Nextech AR will offer exclusive early access of the 3D search program to its current Threedy.ai customers, which include Kohl’s, Pier 1, Lighting Plus and Kmart Australia. Nextech’s 3D-generated models will appear in Google’s 3D AR Search Program, allowing brands to see their products as organic search results on Google. According to the announcement, 3D has become an integral part of the online customer journey with immersive shopping experiences being compared to “virtual try-ons” for fashion. Google is working to make 3D/AR a key piece of search and shopping experiences. Consumers can now place 3D digital objects from certain innovative brands directly in their own space based on mobile Google search results. “Nextech AR is building solutions that connect our customers to billions of people around the world through our AI technology and special partnerships with Google,” said Nextech AR CEO Evan Gappleberg in the press release. “We are thrilled to work with innovative brands who are focused on digital transformation of their e-Commerce business with AR shopping. The building blocks for mass adoption of Augmented Reality are taking place.”

To view the full press release, visit https://ibn.fm/H79qp

About Nextech AR Solutions Corp.

Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360-degree portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.

Nextech focuses on developing AR solutions; however, most of the company’s revenues are derived from three e-commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, please visit www.NextechAR.com.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at http://ibn.fm/NEXCF

About InvestorWire

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $NEXCF Named Google Early Access Partner

$NETE Mullen Announce Upcoming World Debut of FIVE EV Crossover

Net Element (NASDAQ: NETE) is in the process of transforming its business model to become a pure-play electric vehicle (“EV”) manufacturer through a pending stock-for-stock reverse merger with privately held Mullen Technologies Inc. Mullen today announced the arrival of the Mullen FIVE EV Crossover. According to the update, Mullen will begin the final stages of engineering and dry fit process of the Mullen FIVE in Irvine, California, starting in September. Mullen is excited for the upcoming world debut of the FIVE, built on an EV crossover skateboard platform that offers multiple powertrain configurations and trim levels in a Strikingly Different(TM) design. “I am beyond excited to showcase the Mullen FIVE. It’s amazing to see the FIVE go from vision to reality. Once you see it, you will be blown away,” said David Michery, CEO and chairman of Mullen. “We’ve researched, designed, engineered and built the FIVE in America by Americans. We are very proud for the world to see the FIVE this coming November.”

To view the full news release, visit https://ibn.fm/SIWRP

About Net Element Inc.

Net Element operates a payments-as-a-service transactional and value-added services platform for small to medium enterprise (“SME”) in the U.S. and selected emerging markets. On Aug. 5, 2020, Net Element announced the execution of a definitive agreement to merge with privately held Mullen Technologies Inc., a Southern California-based electric vehicle company in a stock-for-stock reverse merger in which Mullen’s stockholders will receive a majority of the outstanding stock in the post-merger company (the “contemplated merger”). That contemplated merger is subject to customary closing conditions, regulatory approvals and shareholder approval for both companies. For additional information, visitwww.NetElement.com.

NOTE TO INVESTORS: The latest news and updates relating to NETE are available in the company’s newsroom at http://ibn.fm/NETE

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $NETE Mullen Announce Upcoming World Debut of FIVE EV Crossover

$LEXX Podcast Notes Blood Pressure Drug Delivery Trial Successes of Innovative Lexaria’s Technology

  • Lexaria Bioscience is a drug delivery technology innovator whose flagship technology, DehydraTECH(TM), provides a means of enhancing substances’ delivery time to increase their effectiveness without adverse effects
  • A new podcast by NetworkNewsAudio highlights DehydraTECH’s successes in trials that measure blood pressure reduction using DehydraTECH-enhanced CBD in comparison with generic controls
  • The DehydraTECH technology is also being analyzed for effectiveness in combatting inflammatory conditions, viral illnesses and alternatives to the lung-harming effects of smoking
  • The company’s most recent filing with the SEC notes that its revenues more than doubled between May 2020 and May 2021, driven largely by product sales and licensing agreements

A new podcast highlights the effectiveness enhancement efforts by technology innovator Lexaria Bioscience (NASDAQ: LEXX) for treating high blood pressure (hypertension), a key risk factor for both heart disease and stroke that is common in the world’s adult populations, including in the United States.

The podcast (https://cnw.fm/Zf5i6) reviews many important entrepreneurial tips to business owners from Lexaria CEO Chris Bunka. It also notes that nearly half of all Americans have high blood pressure but only about 24 percent of those afflicted with it — many of whom are younger than 40. One of the most insidious aspects of high blood pressure is that, like diabetes, the damage they can cause is often already done by the time they are diagnosed, a reason India’s government recently announced that the health department has begun screening government employees for the conditions in all departments, for example (https://cnw.fm/M6leX).

Lexaria’s patented DehydraTECH(TM) technology is designed to enhance substances such as pharmaceutical drugs into a more readily bioavailable form that speeds up their time to effective use. Clinical trials have been analyzing its ability to accomplish this transformation without causing changes that adversely interfere with the drugs’ intended use, such as by inadvertently creating new molecular entities NMEs that would require more complex new regulatory approvals (https://cnw.fm/KUX1Y).

“Just last month, Lexaria announced that a human clinical study using DehydraTECH technology demonstrated a rapid and sustained drop in blood pressure along with excellent tolerability,” the podcast states. “Initial results show that blood pressure was reduced across both male and female volunteers and was most pronounced in the first 10–50 minutes of the study treatment, reinforcing pre-existing findings demonstrating that DehydraTECH delivers superior performance over generic controls.”

The company’s focus on DehydraTECH is not only to produce a better solution for delivering blood pressure treatments, but also anti-virals that battle SARS-CoV-2/COVID-19, HIV and other illness-causing invaders.

DehydraTECH is also being looked at as a way of making nicotine orally ingestible at a level of quick absorption and efficacy superior to smoked and vaped drugs with the intent of creating a desirable and less harmful alternative to lung-harming inhalation of the substances (https://cnw.fm/AvPBf).

Last month Lexaria chose to delist its common shares from the Canadian Securities Exchange in order to focus on trading on the Nasdaq Capital Markets (Nasdaq ticker LEXX), where it has been seeing greater liquidity and can reduce the fees and managerial commitment that went into a dual listing (https://cnw.fm/w21tt).

The company’s July 10-Q filing with the Securities and Exchange Commission noted that revenues more than doubled between May 2020 and May 2021, driven by intermediate product sales of DehydraTECH-enabled powders that companies can purchase to include in their products and licensing fees arising from definitive agreements for the DehydraTECH technology (https://cnw.fm/aiviY).

For more information, visit the company’s website at www.LexariaBioscience.com.

NOTE TO INVESTORS: The latest news and updates relating to LEXX are available in the company’s newsroom at https://cnw.fm/LEXX

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $LEXX Podcast Notes Blood Pressure Drug Delivery Trial Successes of Innovative Lexaria’s Technology

$IDEX to Showcase Cutting-Edge Technologies at 2021 ACT Expo

Ideanomics (NASDAQ: IDEX) today announced its participation and vehicle showcase at the Advanced Clean Transportation (“ACT”) Expo, the industry’s largest advanced transportation technology and clean fleet event. The ACT Expo is slated to take place at the Long Beach Convention Center in Long Beach, California, from Aug. 30 – Sept. 2, 2021. Ideanomics CRO Kristen Helsel will participate in a breakout session titled “Clean Transportation as a Service,” taking place Wednesday, Sept. 1, at 2:15 p.m. Ideanomics will also serve as a sponsor at the Diversity in ACT Breakfast Session held on Wednesday, Sept. 1, from 7:30 a.m. – 8:45 a.m. The company, located at booth #1159, will further be showcasing its synergistic ecosystem of subsidiaries that shape the future of clean transportation across the three key pillars of EV: vehicles, charging and energy. “We are delighted to have a major presence in this year’s ACT Expo and showcase the wide breadth of innovative solutions that have come into the Ideanomics family in the past year,” said Alf Poor, CEO of Ideanomics. “We look forward to sharing some of our cutting-edge technologies with peers and colleagues from around the world at the event.”

To view the full press release, visit https://ibn.fm/FNjFY

About Ideanomics Inc.

Ideanomics is a global company focused on the convergence of financial services and industries experiencing technological disruption. The Ideanomics Mobility division is a service provider that facilitates the adoption of electric vehicles by commercial fleet operators through offering vehicle procurement, finance and leasing, and energy management solutions under an innovative sales-to-financing-to-charging (“S2F2C”) business model. Ideanomics Capital is focused on disruptive fintech solutions for the financial services industry. Together, Ideanomics Mobility and Ideanomics Capital provide global customers and partners with leading technologies and services designed to improve transparency, efficiency and accountability, and shareholders with the opportunity to participate in high-potential, growth industries. For more information, visit www.Ideanomics.com.

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at http://ibn.fm/IDEX

About InvestorWire

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $IDEX to Showcase Cutting-Edge Technologies at 2021 ACT Expo

$FNGR to Host Corporate Update Call

FingerMotion (OTCQX: FNGR), a mobile data and services company, today announced details for its upcoming conference call to provide a corporate update. The call is scheduled to take place starting at 1:00 p.m. Eastern Time (U.S. and Canada) on Wednesday, Aug. 25, 2021, with a recording released shortly thereafter. Interested parties should visit https://ibn.fm/cSxUE to join the webinar, as well as submit questions to p.mcmahon@fingermotion.com to post queries for the Q&A session.

To view the full press release, visit https://ibn.fm/V01CU

About FingerMotion Inc.

FingerMotion is an evolving technology company with a core competency in mobile payment and recharge platform solutions in China. It is one of only a few companies in China with access to wholesale rechargeable minutes from China’s largest mobile phone providers that can be resold to consumers. As the user base of its primary business continues to grow, the company is developing additional value-added technologies to market to its users. The vision of the company is to rapidly grow the user base through organic means and have this growth develop into an ecosystem of users with high engagement rates utilizing its innovative applications. Developing a highly engaged ecosystem of users would strategically position the company to onboard larger customer bases. FingerMotion eventually hopes to serve over 1 billion users in the China market and eventually expand the model to other regional markets. For more information about the company, visit www.FingerMotion.com.

NOTE TO INVESTORS: The latest news and updates relating to FNGR are available in the company’s newsroom at http://ibn.fm/FNGR

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $FNGR to Host Corporate Update Call

$FLGC Closes Investment in Hoshi, Strengthens Gateway to European Market

Flora Growth Corp. (NASDAQ: FLGC), a leading all-outdoor cultivator and manufacturer of global cannabis products and brands, has closed the previously announced € 2M (two-million Euros) investment in Hoshi International Inc., while also increasing its fully diluted ownership in Hoshi through a securities swap. In addition, the companies have agreed to strengthen the terms of Flora Growth’s investment in Hoshi pursuant to a binding memorandum of agreement. “The Hoshi team has developed a strong presence in Europe, and our high-quality, low-cost, medical-grade cannabis products and well-known global brands give both our companies a competitive advantage in one of the fastest growing cannabis markets in the world. We are excited to increase our alignment with the Hoshi management team and believe the partnership will be much greater in scope than only using their Portugal and Malta facilities as a European importation gateway for our Colombian cannabis flower and derivatives,” said Luis Merchan, president and CEO of Flora. “Regulatory barriers and the technical requirements necessary to successfully navigate the European cannabis market should not be underestimated. We feel extremely pleased with the experience and expertise that the Hoshi team brings in order for us to quickly get our products to market. With the recent rule changes in Colombia allowing the export of THC and CBD flower, we are looking forward to bringing our premium Colombian flower and derivative products to established markets where there is already significant demand, growth, and the opportunity to generate recurring high-margin sales.”

To view the full press release, visit https://ibn.fm/aP5qm

About Flora Growth Corp.

Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at http://ibn.fm/FLGC

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $FLGC Closes Investment in Hoshi, Strengthens Gateway to European Market

$CYBN Nearly 30% of Suicide-Prone People Have Regained Full Psychological Well-Being

nationally representative study that was recently conducted reports that about 29% of participants who had a suicide attempt history had achieved a state of complete mental health.

In order to make that determination, participants had to report high levels of psychological and social well-being in the last month, almost daily life satisfaction or happiness in the last month, and freedom from suicidality and mental ailments such as substance dependence and psychiatric disorders to be considered in complete mental health.

The study was published in the “Archives of Suicide Research.”

Prof. Esme Fuller-Thomson from the University of Toronto, the study’s lead author, stated that this was a hopeful discovery for people struggling with suicidal ideation. Fuller-Thomson, who is also the director of the Institute for Life Course and Aging, explained that the group’s discovery showed that a good number of people who had a history of suicide attempts went on to achieve high levels of psychological flourishing and happiness.

For their study, the scientists assessed a sample of more than 750 Canadians who had tried to commit suicide at a point in their lives. The researchers recruited the participants using data obtained from the Canadian Community Health Survey-Mental Health at Statistics Canada.

Assistant Prof. Philip Baiden, who was the study’s co-author, stated that the researchers discovered social support to be a primary factor in supporting the well-being of people with a history of suicide attempts. Baiden, who hails from the University of Texas at Arlington, added that the respondents who had an individual to confide in were more likely to be in complete mental health. Other factors that were linked to complete mental health included absence of insomnia and being free from chronic pain.

Ian Mahoney, another co-author, stated that the study also highlighted factors that acted as barriers to positive mental health outcomes after an individual had attempted to commit suicide. He noted that it was crucial to address modifiable factors, including chronic pain and insomnia, in order to support this population’s well-being.

The study also found that complete mental health was more prevalent among individuals with higher income and individuals who were older; women were also more prone to be categorized in complete mental health.

Another co-author of the study Andie MacNeil asserted that while remission from suicidal ideation was an essential factor in the recovery process, the study drew attention to the different mental health outcomes. He noted that the research also incorporated measures of psychological and social well-being that encouraged the use of a more holistic approach to an individual’s recovery from suicidality.

In case the suicidal ideation was the result of an underlying psychiatric condition, there is even more hope for the patients because several companies, including Cybin Inc. (NEO: CYBN) (NYSE American: CYBN), are working to develop a new class of psychiatry medicines whose efficacy is likely to be greater than that of the existing medications, and that means one would have the causes of their condition addressed instead of only managing the symptoms.

NOTE TO INVESTORS: The latest news and updates relating to Cybin Inc. (NEO: CYBN) (NYSE American: CYBN) are available in the company’s newsroom at https://ibn.fm/CYBN

About BioMedWire

BioMedWire (BMW) is a bio-med news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with BMW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, BMW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, BMW brings its clients unparalleled visibility, recognition and brand awareness. BMW is where news, content and information converge.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $CYBN Nearly 30% of Suicide-Prone People Have Regained Full Psychological Well-Being

$AMPG Secures Follow-on Order, Earns Russell Microcap(R) Index Inclusion

August 24, 2021

AmpliTech Group Inc. (NASDAQ: AMPG) Secures Follow-on Order, Earns Russell Microcap(R) Index Inclusion

  • AmpliTech’s commitment to quality and performance is paying off, as seen through two of its recent announcements
  • The company reported it had secured a follow-on order for its LNA technology from a long-standing Fortune 500 customer
  • It also announced inclusion in the Russell Microcap Index that brings together 2,000 companies, whose membership depends on the market capitalization and style attributes

As a company that designs, develops, and manufactures radio frequency (“RF”) components (amplifiers) for satellite and 5G communication, defense, quantum computing, and space markets, AmpliTech Group (NASDAQ: AMPG) has built a reputation anchored on quality and performance that has earned it recognition and business in equal measure. Two recent announcements, made in late June, perfectly illustrate this dual nature of AMPG’s successes.

On June 24, AmpliTech reported it had secured a follow-on order for its low noise amplifier (“LNA”) technology from a long-standing Fortune 500 global defense and aerospace customer, with the products expected to ship in the third quarter of fiscal 2021 (https://ibn.fm/8qpBA). AMPG Founder-CEO Fawad Maqbool hailed the order as a demonstration that the performance, quality, and return on investment of the company’s solutions were continuing to earn repeat business from global leaders.

“We are ramping up our product development and sales and marketing efforts to position AmpliTech to supply cutting edge technologies for the built-out of satellite, 5G/6G communications, and other specialty applications that require high-quality signal processing solutions,” added Maqbool.

Maqbool also noted that as the economy reopens, the company’s target customers and industries are returning to more normal business and procurement patterns, creating an expanding range of revenue opportunities. Also, with its existing resources, including about $30 million in net cash raised following a recapitalization over the first four months of 2021, the company is well positioned to actively pursue aggressive growth plans and opportunities.

AmpliTech’s focus on developing quality and state-of-the-art signal-processing components, progress thus far, and commitment to growth have not gone unnoticed. The company was recently added to the Russell Microcap Index together with the Index’s annual reconstitution, effective June 25 (https://ibn.fm/TdX4J).

A part of the FTSE Russell – a global index leader providing innovative benchmarking, analytics, and data solutions for investors worldwide – the Russell Microcap Index provides a comprehensive, unbiased measurement for the microcap segment of the US equity market. Membership in the Russell Microcap Index, which brings together 2,000 companies, is determined mainly by objective market-capitalization rankings and style attributes and remains in place for one year.

“Inclusion in the Russell Microcap Index is a testament to the progress we have made positioning AmpliTech to participate in the build-out of satellite networks, 5G communications, and other next-generation networks,” stated Maqbool. “We are actively pursuing the broad range of growth opportunities before us… We expect AmpliTech’s exciting outlook to be supported by the added investment community visibility and awareness provided by our Russell Index inclusion.”

AmpliTech is focused on being a reliable supplier for high-quality amplifiers needed in telemetric applications, wherein optimal performance is pivotal for successful deployment. It is also keen on supplying components that support systems, which offer enhanced data and bandwidth capabilities vital for undergirding rapid growth in connected devices, entertainment and gaming distribution, video conferencing, Internet of Things (‘IoT”) applications, autonomous-vehicle communications, quantum computing, space exploration, and other bandwidth-intensive applications.

For more information, visit the company’s website at www.AmpliTechInc.com.

NOTE TO INVESTORS: The latest news and updates relating to AMPG are available in the company’s newsroom at https://ibn.fm/AMPG

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

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Tuesday, August 24th, 2021 Uncategorized Comments Off on $AMPG Secures Follow-on Order, Earns Russell Microcap(R) Index Inclusion

$WTER Chair, the Shaq Invest $2M-Plus in Private Placement

  • “I’m looking forward to being a key player in [The Alkaline Water Company’s] continued success,” says O’Neal
  • WTER’s Alkaline88(R) continues to be one of the most prominent growing premium functional waters in the category
  • Investors believe that Alkaline88 is becoming a household name for premium waters and a go-to brand across America

After initially joining The Alkaline Water Company (CSE: WTER) (NASDAQ: WTER) as an equity partner, board member and marquee brand ambassador for Alkaline88(R), basketball Hall of Famer and entertainment icon Shaquille O’Neal has invested an additional of $1.05 million in the alkaline water company. O’Neal and WTER chairman Aaron Keay made an equal investment in the company (https://cnw.fm/gSZ6P).

“I only invest in companies I believe in and products that I use,” said O’Neal. “Alkaline88 checks both boxes. We’ve got big plans for this company, and I’m looking forward to being a key player in its continued success.”

The company noted that O’Neal and Keay’s investments accounted for more than 40% of the entire nonbrokered private placement, which comprised 4,757,381 subscription receipts sold at $1.05 per receipt; the gross proceeds of the private placement totaled $4,995,250.05. According to the announcement, WTER anticipates using the proceeds to expand production capacity and for use as general working capital.

“Alkaline88 continues to be one of the most prominent growing premium functional waters in the category,” state Keay. “Having just reported another record year, the company could not be better positioned for aggressive growth throughout fiscal 2022 in multiple different sales channels. Leading this financing alongside Shaquille is not only an honor but an aligned testament to both our beliefs that Alkaline88 is becoming a household name for premium waters and a go-to brand across America.”

WTER president and CEO Ricky Wright noted that the company could not have found a better partner for Alkaline88 than O’Neal. “I can’t overstate how business-minded he is about the success of this company, and I believe that this investment emphasizes that point even more,” said Wright. “We’re absolutely thrilled to have him as the face of our company, but even more so to count him as a business partner.”

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88, is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH balanced alkaline drinking water with trace minerals and electrolytes and boasts the company’s trademarked Clean Beverage label.

Recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique all-natural flavors, with new flavors coming soon.

For more information, visit the company’s websites at www.TheAlkalineWaterCo.com and www.a88CBD.com.

NOTE TO INVESTORS: The latest news and updates relating to WTER are available in the company’s newsroom at http://cnw.fm/WTER

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $WTER Chair, the Shaq Invest $2M-Plus in Private Placement

$VVOS Receives FDA Clearance for mmRNA Oral Appliance

Vivos Therapeutics (NASDAQ: VVOS), a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for patients suffering from sleep-disordered breathing, including mild-to-moderate obstructive sleep apnea (“OSA”), has received 510(k) market clearance from the FDA for its modified mandibular repositioning nighttime appliance (“mmRNA”). The device is designed to treat mild-to-moderate OSA in adults; it is also used for treating sleep-disordered breathing and snoring. The FDA approval expands insurance reimbursement potential, including the potential for the device to be covered by Medicare. The FDA approval also opens the door for future government contracts and other commercial payers. According to the announcement, more than 1 billion people globally and 54 million Americans suffer from sleep apnea, so the potential market for the device is significant. “The FDA’s market clearance of Vivos’ newest device, the mmRNA appliance, represents a significant milestone in our ongoing efforts to provide the best possible treatment for people who continue to suffer needlessly from OSA, a debilitating condition that causes or contributes to a wide range of chronic health issues,” said Vivos chair and CEO Kirk Huntsman in the press release. “Next-generation products like the mmRNA are vital for allowing medical doctors and dentists to continue pushing forward in their joint mission to give patients a better alternative for effectively treating their OSA. Further, this FDA clearance for the mmRNA enables us to expand commercial insurance reimbursement, soon to include Medicare, making this a more cost-effective solution for patients suffering from OSA.”

To view the full press release, visit https://ibn.fm/KakCd

About Vivos Therapeutics Inc.

Vivos Therapeutics is a medical technology company focused on developing and commercializing innovative diagnostic and treatment modalities for adult patients suffering from mild-to-moderate obstructive sleep apnea (“OSA”). The Vivos treatment involves customized oral appliances and treatment protocols called the Vivos System. Vivos believes that its Vivos System oral appliance technology represents the first clinically effective, nonsurgical, noninvasive, nonpharmaceutical and cost-effective solution for adults with mild-to-moderate OSA. Vivos also sells orthodontic appliances for adults and children. Vivos’ oral appliances have proven effective in the treatment of more than 19,000 patients worldwide by more than 1,250 trained dentists. Combining technologies and protocols that alter the size, shape and position of the tissues of the tissues that comprise a patient’s upper airway, the Vivos System opens airway space and may significantly reduce symptoms and conditions associated with mild-to-moderate OSA, such as lowering Apnea Hypopnea Index scores. Vivos also markets and distributes VivosScore, powered by the SleepImage diagnostic technology, for home sleep testing in adults and children. The Vivos Integrated Practice (“VIP”) program offers dentist training and other value-added services in connection with using the Vivos System. For more information about this company, visit www.VivosLife.com.

NOTE TO INVESTORS: The latest news and updates relating to VVOS are available in the company’s newsroom at http://ibn.fm/VVOS

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $VVOS Receives FDA Clearance for mmRNA Oral Appliance

$TOBAF Receives $1M-Plus Order from UK Distributor

TAAT(TM) Global Alternatives (CSE: TAAT) (OTCQX: TOBAF) (FRANKFURT: 2TP) has received an order for two containers of its flagship product, TAAT(TM) tobacco-free, nicotine-free cigarette alternative. The order came from an England-based wholesaler and is valued at approximately C$1,075,000; this is the second order from the wholesaler, which will be the exclusive distributor for TAAT in the United Kingdom and Ireland. The wholesaler had placed an initial order of approximately C$149,000. According to the announcement, the distributor has received a Confirmation of Registration to the Tobacco and Related Products and Regulatory Competent Authority from Public Health England, which provides permission for TAAT to be sold in all of Great Britain, which includes England, Scotland and Wales. The launch of TAAT in the United Kingdom aligns with market changes that are predicted as a result of Philip Morris International no longer selling tobacco cigarette products in the UK; the tobacco giant is expected to withdraw from the market by the end of the decade. “Less than four months after our distributor for the U.K. and Ireland placed their initial purchase order valued at C$149,000, we are very pleased to have already received a second order for several times that amount, in addition to clearance from Public Health England for TAAT to be sold in all of Great Britain,” said TAAT CEO Setti Coscarella in the press release. “We fully support Philip Morris International’s plan to stop selling tobacco cigarettes in the UK, not just because it creates opportunities for us as we enter that market but also because it validates what we’ve been saying all along. . . that smokers of legal age deserve access to a better choice than tobacco cigarettes. After adding distribution for TAAT in seven new U.S. states in two months we are thrilled to be executing our first international launches as the next chapter in our journey to make TAAT™ a global brand in the USD $814 billion tobacco industry.”

To view the full press release, visit https://ibn.fm/JQoLE

About TAAT Global Alternatives Inc.

TAAT Global Alternatives has developed TAAT, which is a tobacco-free and nicotine-free alternative to traditional cigarettes offered in Original, Smooth and Menthol varieties. TAAT’s base material is Beyond Tobacco(TM), a proprietary blend that undergoes a patent-pending refinement technique causing its scent and taste to resemble tobacco. Under executive leadership with Big Tobacco pedigree, TAAT was launched first in the United States in Q4 2020 as the company seeks to position itself in the $814 billion global tobacco industry. For more information, please visit www.TAATGlobal.com.

NOTE TO INVESTORS: The latest news and updates relating to TOBAF are available in the company’s newsroom at http://ibn.fm/TOBAF

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $TOBAF Receives $1M-Plus Order from UK Distributor

$KAVL Welcomes Tougher Vape Regulations as FDA Nears Major PMTA Announcement

August 23, 2021

Kaival Brands Innovations Group Inc. (NASDAQ: KAVL) Welcomes Tougher Vape Regulations as FDA Nears Major PMTA Announcement

  • One year after the deadline for submitting Premarket Tobacco Product Applications, the FDA is targeting September 9, 2021 for an announcement on which products will be allowed for sale
  • Kaival is the exclusive global distributor for products made by BIDI Vapor, which has seen its PMTAs pass two out of three phases in the FDA process
  • Kaival competition was recently thinned considerably when the FDA rejected approximately 4.5 million of the 6.5 million PMTAs received

Despite efforts by the U.S. Food and Drug Administration in recent years to implement and enforce new regulation governing e-cigarette market, illegal goods and practices still abound. The days of illicit nicotine products may be dwindling down, representing a paradigm shift supported by companies like Kaival Brands Innovations Group (NASDAQ: KAVL) that are deeply committed to seeing only safe, 21-years and older use of vape products. Kaival, the exclusive global distributor of a portfolio of premium vape products manufactured by BIDI Vapor, LLC.

Last year, the FDA set September 9, 2020 as the deadline for companies to submit Premarket Tobacco Product Applications (“PMTA”) seeking authorization to market specific tobacco products. The long-and-short of new regulations is that there are only three ways to legally sell a tobacco product: one: a product can be grandfathered in by having been on the market before February 15, 2007; two: a brand can receive FDA approval to a Substance Equivalence application deeming a product similar to a grandfathered in product; and three,  through submission of a PMTA, which identifies the product as introduced to the market after February 15, 2007 and unlike any grandfathered in. A company was required to submit a PMTA for every product it wishes to sell, including a separate PMTA for every different e-liquid flavor and device. This is the pathway for BIDI Vapor and its BIDI Stick electronic nicotine delivery systems (“ENDS”) product lineup that come in 11 different flavors.

BIDI’s PMTAs have passed the first two phases: receiving an acceptance letter from the FDA for the PMTA and subsequently receiving a filing letter indicating the application has met the FDA’s baseline criteria, allowing it to move into the final phase. The “substantive” phase involves the FDA’s scientific review of the PMTA (https://ibn.fm/WI59h) and associated data. BIDI and Kaival are waiting for a final decision in the coming weeks, with an approval officially designating the products as “appropriate for the protection of public health.”

The FDA received over 6.5 million PMTAs from over 500 countries by the deadline which are now under review, with a target completion date of September 9, 2021. The list was trimmed by over 70% on August 9, 2021 when the FDA issued a Refuse to File (“RTF”) letter to JD Nova Group LLC, the owner of Vapolocity (https://ibn.fm/Zy8o9). The RTF stated that the applications for approximately 4.5 million JD Nova products “lacked an adequate Environmental Assessment,” meaning that they will have to be removed from the market or risk enforcement action by FDA. The RTF effectively dismissed 75% of the new products looking to make it to market.

Kaival and BIDI, with their industry-leading regulatory and youth access prevention practices, continue to be relentless advocates for increased regulatory oversite to ensure e-cigarette products do not reach the hands of consumers under 21 years old, and are recycled, when possible, through their BIDI cares program. As the major FDA PMTA announcement approaches, some unethical companies are dumping their product into the markets before the crackdown and stiffer law enforcement begins. Ultimately, the announcement will determine which companies can remain on the market in a bit of a cleansing to weed out the industry’s bad actors for the good of public safety.

“We place enormous importance on our integrity and our brand name,” said Nirajkumar “Raj” Patel, Founder and Chief Executive Officer of Kaival Brands. Patel, which also owns and controls BIDI Vapor, added, “not only are we ready for increased regulation and enforcement, we both encourage and welcome it.”

For more information, visit the company’s website at www.KaivalBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to KAVL are available in the company’s newsroom at http://ibn.fm/KAVL

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $KAVL Welcomes Tougher Vape Regulations as FDA Nears Major PMTA Announcement

$IFBD SaaS Solution Offers Cost Savings, Increased Efficiency

Infobird (NASDAQ: IFBD), a business-to-business (“B2B”) artificial intelligence (“AI”) solutions company, recently announced the successful implementation of its intelligent quality inspection software-as-a-service (“SaaS”) solution with one of the leading fintech companies in China. Infobird designed and developed the system for the company upon researching and analyzing its customer service business scenarios. It then built a flexible multi-dimensional quality inspection model. A recent article reads, “The Infobird client has greatly advanced its customer service quality inspection from manual inspection by random sampling to automatic inspection, resulting in a multitude of benefits in the form of a 100% quality inspection coverage rate with improved managerial efficiencies. The employment of the SaaS system led to cutting down of services of quality inspectors, resulting in cost curtailment. The quality inspection efficiency also increased by more than 100 times.”

To view the full article, visit https://ibn.fm/Ys7he

About Infobird Software Co. Ltd.

Infobird, headquartered in Beijing, China, is a software-as-a-service provider of innovative AI-powered or enabled customer engagement solutions. For more information about the company, visit www.Infobird.com.

NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at http://ibn.fm/IFBD

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

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Monday, August 23rd, 2021 Uncategorized Comments Off on $IFBD SaaS Solution Offers Cost Savings, Increased Efficiency

$IFBD Boosts B2B Services with Launch of WeChat Call Center for Customer Development, Retention

  • China-based information technology company Infobird recently launched a WeChat call center designed to incorporate WeChat’s multi-channel functionality with Infobird’s SaaS platform for recruiting and retaining customers
  • Infobird’s platform uses big data and AI to create “portraits” of consumers’ expectations and needs by analyzing input from multiple channels
  • WeChat became the world’s largest standalone mobile app in 2018 with over 1 billion monthly active users of its messaging, social media and mobile payment services
  • Infobird’s cloud computing and AI technologies have generated more than 70 proprietary licensing rights

The growth of China’s robust economic engine and the rapid modern development of the nation’s middle and upper-middle class societies in recent years has driven both domestic and foreign companies to seek out and court the hundreds of millions of Chinese consumers connected to the economy through technological tools (https://ibn.fm/B5uv6).

Companies seeking to use their resources in the most effective manner possible to acquire and retain consumers have turned to the automated, intelligent solutions big data and artificial intelligence (“AI”) can provide through the software-as-a-service (SaaS) market. Chinese SaaS innovator Infobird (NASDAQ: IFBD) is making a name for itself through its recent Nasdaq debut as well as a growing number of retail agreements that use its technology, and on July 26 the company announced its next step with the launch of its WeChat call center.

The WeChat call center is designed to help businesses build an automated and personalized private domain traffic operation platform that will help the B2C clients achieve major upgrades while drawing on the the advantages of the powerful WeChat ecosystem for interacting with customers.

WeChat is a Chinese multi-channel messaging, social media and mobile payment app that became the world’s largest standalone mobile app in 2018 with over 1 billion monthly active users (https://ibn.fm/n9wNn). Infobird’s WeChat call center brings the functionality of corporate WeChat to Infobird’s multi-channel customer interaction platform with “an exclusive private domain traffic ecosystem for enterprises through four steps” that include attracting customers, retaining customers, keeping customers actively engaged and successfully managing the customer service interactions of company personnel, according to the Google translation of the company’s Chinese news release (https://ibn.fm/pLmqK).

Using private domain traffic for the development of long-term customer relationships has become a necessary path to company growth. The SaaS industry in China was valued at $3.3 billion last year after growing 43.5 percent from the year before (https://ibn.fm/dJT7T).

Infobird has created a single platform to meet the needs of consumers and businesses by using big data and AI to analyze input from multiple channels and then generate portraits or profiles that represent each user, their expectations and their needs.

The platform provides the means for companies to understand their customers more completely and accurately, which makes it possible for the companies to employ precision marketing in e-commerce and physical stores, incorporating Infobird’s product into the companies’ infrastructure in an essentially seamless manner.

Infobird is focused on SMEs, demystifying software and automation in business processes. The advent of the COVID-19 pandemic last year expanded remote-work demands exponentially for businesses from small family operations to large corporations, and Internet cloud-based technology has stepped in to fill the need.

For more information, visit the company’s website at www.Infobird.com/en/index.html.

NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD

About ChineseWire

ChineseWire (CW) is a specialized communications platform focused on promising China-based companies that are listed in North America. As one of 40+ brands within the InvestorBrandNetwork (“IBN”), CW provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution to IBN’s millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, CW is uniquely positioned to best serve private and public Chinese companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CW brings its clients unparalleled visibility, recognition and brand awareness. CW is where news, content and information converge.

For more information, please visit https://www.ChineseWire.com

Please see full terms of use and disclaimers on the ChineseWire website applicable to all content provided by CW, wherever published or re-published: http://IBN.fm/Disclaimer

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Monday, August 23rd, 2021 Uncategorized Comments Off on $IFBD Boosts B2B Services with Launch of WeChat Call Center for Customer Development, Retention

$IDEX MIT Solar EV Team Wins Solar Challenge

Electric technology has come quite a long way since the Tesla Roadster, built using a heavily modified Lotus Elise chassis, first hit the roads more than a decade ago. Electric vehicles (“EVs”) now use dedicated EV platforms, are larger, have bigger batteries and, in many cases, support fast charging. Efforts to increase range by making EVs more efficient, especially regarding to how they use energy, has led car makers to solar energy. Theoretically, solar panels could be used to supplement and even provide power to the onboard battery, giving drivers more range.

The American Solar Challenge is a biennial event that sees participants design, build and then drive solar-powered cars in an endurance challenge across the country. The MIT Solar Electric Vehicle Team were this year’s winners, taking first place after its solar car Nimbus beat eight other cars in the Single Occupancy Vehicle (“SOV”) category. Entirely designed and built by MIT students, Nimbus travelled a whopping 1,109 miles at an average speed of 38.4 miles an hour equipped with a solar array that supplemented the power provided by its battery pack.

This year’s competition was unique; instead of being a timed event, as it has traditionally been for years, it was based on the total distance each entry travelled. The teams had to travel from Independence, Missouri, to Las Vegas, New Mexico, and they were allowed to drive additional miles within each of the race’s three stages as long as their batteries had enough juice. Nimbus, which has been in the making for three years, surpassed the closest runner-up by more than 100 miles.

The MIT team spent three years designing, building and refining its solar vehicle, spending hours upon hours at the MIT Edgerton Center’s machine shop. Test drives included driving Nimbus around the greater-Boston area as well as to Salem, Massachusetts, and even Cape Cod. Team members also drove to Palmer Motorsports Park in Palmer, Massachusetts, in the spring to practice various race components before finally heading to the Formula Sun Grand Prix in Topeka, Arkansas, for the final test runs.

After performing a series of qualifying challenges to qualify for the race, Nimbus placed second after driving 239 laps around the track in three days (597.5 miles). The 2021 American Solar Challenge saw Nimbus travel with a caravan of seven vehicles, including a scout vehicle and a lead car as well as a chase vehicle for the strategy team, a transport truck and trailer, a media car, and a support vehicle carrying food, supplies and camping gear.

Nimbus performed admirably, but the team still has a few glitches to work on. The vehicle’s aerodynamic shape and light weight made it energy efficient, and with adequate sunlight, it could travel up to 40 miles per hour without using energy from the battery. This is the kind of technology that, once perfected, will grant electric vehicles much longer ranges while relying on clean, renewable energy. The next American Solar Challenge will take place in 2022.

The success of the MIT team points to the fact that companies such as Ideanomics Inc. (NASDAQ: IDEX) may soon not have to look very far for investment opportunities since the possibilities in the EV sector are still vastly untapped.

NOTE TO INVESTORS: The latest news and updates relating to Ideanomics Inc. (NASDAQ: IDEX) are available in the company’s newsroom at https://ibn.fm/IDEX

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $IDEX MIT Solar EV Team Wins Solar Challenge

$FLGC Is ‘One to Watch’

Flora Growth Corp. (NASDAQ: FLGC), an internationally focused cannabis brand builder, boasts a portfolio that spans several verticals, including pharmaceuticals, textiles, cosmetics, and food and beverage — each with a thoughtful brand designed to resonate with its intended end customer. From Flora Lab SAS and Flora Beauty to KASA Wholefoods and Hemp Textiles & Co., each of its brands prioritizes natural ingredients and value-chain sustainability, consistent with its mission. Though the company is currently organically growing market share for its existing brand portfolio, it is also seeking revenue-generating acquisitions that offer an accretive distribution network to amplify growth. As such, a recent article reads, “Flora Growth is targeting transactions to complete the supply chain via key infrastructure to enhance its global distribution with the aim to compete on low-cost, high-quality inputs paired with premium brands that create business lines with robust margins.” To date, Flora has announced two major transactions: the acquisition of Koch & Gsell and investment in Hoshi International. “Key to Flora Growth’s expansion efforts is its cultivation strategy. The company’s Cosechemos farm, located in Bucaramanga, Columbia, is currently licensed to cultivate 247 acres of cannabis. Flora Growth is uniquely positioned to capitalize on Columbia’s favorable growing conditions, low-cost infrastructure, and affordable local workforce as it looks to ramp up its cultivation efforts moving forward.”

To view the full article, visit: https://cnw.fm/UVENe

About Flora Growth Corp.

Flora is a cannabis company that leverages natural, cost-effective cultivation practices to supply cannabis derivatives to its diverse business divisions of cosmetics, hemp textiles, and food and beverage. As the operator of one of the largest outdoor cultivation facilities, Flora strives to market a higher-quality premium product at below-market prices. By prioritizing natural ingredients and value-chain sustainability across its portfolio, Flora creates premium products that help consumers restore and thrive. Visit www.FloraGrowth.ca or follow @floragrowthcorp on social for more information.

NOTE TO INVESTORS: The latest news and updates relating to FLGC are available in the company’s newsroom at http://cnw.fm/FLGC

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Monday, August 23rd, 2021 Uncategorized Comments Off on $FLGC Is ‘One to Watch’

$CYBN Releases Q1 2021 Operational, Financial Report

  • Q1 2021 report notes distinction of becoming first psychedelic company to list on the NYSE American LLC stock exchange
  • Cybin has garnered “a great deal of attention as an emerging leader in the psychedelic therapeutics space,” says CEO
  • Several of the quarter’s highlights tied into the company’s active development of its psychedelic pipeline

Cybin (NEO: CYBN) (NYSE American: CYBN) is wrapping up a highly successful first quarter with the release of its Q1 2021 operational and financial report, for the period ended June 30, 2021 (https://ibn.fm/V9xNp). The biotech company, which is focused on progressing psychedelic therapeutics, hit some milestones this quarter, including becoming the first psychedelic company to list on the NYSE American LLC stock exchange and raising more than C$120 million, including the C$34 million raised during the company’s latest equity financing round.

“During the past several months, Cybin has garnered a great deal of attention as an emerging leader in the psychedelic therapeutics space,” said Cybin CEO Doug Drysdale. “We believe the molecules we have under development may have the potential to transform the treatment landscape and fill current unmet treatment needs for various psychiatric and neurological conditions. We look forward to sharing updates as we advance our pre-clinical and clinical programs and continue the scientific exploration that we believe will ultimately provide safer and more effective treatments for those suffering with mental illness and addiction issues.”

Several of the quarter’s highlights tied into the company’s active development of its psychedelic pipeline. The company has started the next phase of its digital therapeutics platform designed to better enable the evaluation of patient outcomes through a highly secure, patient-centered data analytics platform for both pre- and postpsychedelic treatments.

Cybin also signed an exclusive R&D collaboration agreement with TMS NeuroHealth Centers Inc., a wholly owned subsidiary of Greenbrook TMS Inc. (TSX: GTMS) (NASDAQ: GBNH), which runs 129 outpatient mental health service centers in the United States. Based on the agreement, Cybin and Greenbrook will establish Mental Health Centers of Excellence that will focus on facilitating research and development of innovative psychedelic compound-based therapeutics for patients suffering from depression.

Finally, Cybin announced that is has begun scaling up its European operations and research activities with several academic and clinical research organizations; the company is also working to transfer its intellectual property assets to its recently formed, wholly owned Ireland subsidiary. The volume of Cybin’s IP is growing as well, with the company’s patent portfolio now numbering 13 filings. Those filings cover novel psychedelic compounds, integration of delivery platforms, methods of use in psychiatric indications, and drug-discovery pipeline of modified and novel ergolines, tryptamines and phenethylamines.

In addition to these key operational highlights, Cybin also posted cash and cash equivalents reaching C$55.1 million for the quarter, boosting the company’s current cash position to C$82.5 million. Those funds are an invaluable resource for the company as it works to progress its clinical pipeline and achieve vital business initiatives. The company is dedicated to revolutionizing mental health care through the use of psychedelic therapeutics and proprietary drug-discovery platforms, innovative drug-delivery systems, novel formulation approaches and treatment regimens.

For more information, visit the company’s website at www.Cybin.com.

NOTE TO INVESTORS: The latest news and updates relating to CYBN are available in the company’s newsroom at https://ibn.fm/CYBN

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Monday, August 23rd, 2021 Uncategorized Comments Off on $CYBN Releases Q1 2021 Operational, Financial Report