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TuesdayJan 11, 2022 10:52 am

QualityStocksNewsBreaks – GreenBox POS (NASDAQ: GBOX) Announces Strategic Acquisition, Eyes Expansion into Opportunistic Market

GreenBox (NASDAQ: GBOX), an innovative blockchain ledger fintech company, today announced its entry into a binding agreement to acquire Roark Holdings Ltd, a United Kingdom-based licensed payment institution, in an all-stock transaction for 150,000 shares. A respected payment institution, Roark Holdings T/A Paysos.com allows the licensor to process debit and credit card payments and local payments within the U.K. Through the purchase, GreenBox accomplishes a significant strategic objective of expanding across multiple markets, made possible with the technology capabilities of Roark Holdings. Key motivators for the acquisition were Roark Holdings’ infrastructure and cutting-edge software. “Accumulating an array of technologies is…

TuesdayJan 11, 2022 10:34 am

QualityStocksNewsBreaks – Friendable Inc. (FDBL) Acquires Iconic Music Distribution Company

Friendable (OTC: FDBL), a mobile technology and marketing company, has acquired Artist Republik, an innovative, decentralized music business networking that allows indie music artists worldwide to control their own careers through networking, centralized resources, and AI-based management tools. According to the announcement, the acquisition will add some 100,000 active music artists as well as various music distribution services to the company’s existing assets. In addition, the company noted the potential for increased revenues and technology assets. Artist Republik now joins FDBL’s Fan Pass platform as a powerful option for artists. The company noted that the acquisition allows Fan Pass Live to…

TuesdayJan 11, 2022 10:05 am

Q3 Report Notes Red White & Bloom Brands Inc. (CSE: RWB) (OTCQX: RWBYF) Revenue Growth of 93 percent YOY

Red White & Bloom Brands is a cannabis multi-state operator building on opportunities in Michigan, Florida, Illinois, California, Arizona, Oklahoma and Massachusetts to create a synergistic portfolio throughout North America RWB is also building its hemp-based CBD products retail throughout the United States and into international markets The company has released its third quarter financial report on revenue growth, operational development and progress in finalizing additional agreements The report notes revenues grew from $6.1 million to $11.8 million year-over-year, largely as the result of its acquisition of its premium Platinum Vape The company anticipated having 30 grow pods in place…

TuesdayJan 11, 2022 9:56 am

QualityStocksNewsBreaks – CNS Pharmaceuticals Inc. (NASDAQ: CNSP) Closes on $11.5M Private Placement

CNS Pharmaceuticals (NASDAQ: CNSP), a biopharmaceutical company specializing in the development of novel treatments for primary and metastatic cancers in the brain and central nervous system, has closed on its previously announced private placement. The company announced that the placement was comprised of 12,105,264 shares of common stock (or prefunded warrants) and warrants at a purchase at $0.95 per share or warrant. The placement was valued at approximately $11.5 million gross proceeds for CNSP, which plans to use the funds for clinical trials and preclinical programs as well as other R&D efforts and general corporate purposes. The placement was not…

MondayJan 10, 2022 2:02 pm

QualityStocksNewsBreaks – Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Disrupting Multibillion Snack Food Market

Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) recently announced that its wholly owned subsidiary, Sapientia Technologies LLC., had launched its better-for-you plant-based twists to 350 Federated Co-operatives Limited Stores – under the COOP Pure Brand. The launch provides Eat Well Group with an additional revenue channel for 2022, as the company plans to scale other product offerings. It also comes only six months after Eat Well Group’s acquisition of Sapientia. “Sapientia created these plant-based twists for consumers who want healthier snack foods offering high proteins and other nutritional values. These snacks are baked, not fried – offering approximately 30%…

MondayJan 10, 2022 1:22 pm

QualityStocksNewsBreaks – SRAX Inc. (NASDAQ: SRAX) Releases Q1, Full-Year Revenue Guidance for 2022

SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS (“SaaS”) platform, has released its full-year and Q1 2022 revenue guidance. The company noted that it is looking for a full-year 2022 guidance of $46‑48 million, which is an increase of approximately 50% over 2021’s unaudited revenue, which was approximately $31.5 million. In addition, the company noted that its Q1 2022 is $11.5 million, which represents an 111% increase over last year’s guidance for the same period. According to the announcement, the Sequire platform last year saw an increase in…

MondayJan 10, 2022 1:04 pm

QualityStocksNewsBreaks – Nemaura Medical Inc. (NASDAQ: NMRD) Names Industry Veteran as COO

Nemaura Medical (NASDAQ: NMRD), a medical technology company focused on developing and commercializing noninvasive wearable diagnostic devices and supporting personalized lifestyle coaching programs, has appointed Dr. Arash (Ash) Ghadar as chief operating officer. Currently a non-executive director at Medilink Midlands, Ghadar served for 10 years as the technical director of London-based Datalink Electronics (Datalink), where he managed the design team as an autonomous entity within Datalink. In that capacity, he oversaw the day-to-day operations, business planning, legal affairs, finance, sales and business development of the design team. He also managed numerous technical projects for the company’s healthcare and industrial customers; those…

MondayJan 10, 2022 12:44 pm

CannabisNewsWire Recaps NCIA’s 7th Annual Cannabis Business Summit & Expo

To great acclaim, the National Cannabis Industry Association (“NCIA”) held its 7th Annual Cannabis Business Summit & Expo at San Francisco’s Moscone Center on December 15-17, 2021. As the oldest and largest trade association representing legal cannabis businesses, NCIA gathered together more than 125 expert speakers in over 80 educational sessions, as well as hundreds of exhibitors from across the cannabis ecosystem, for the industry’s most influential B2B event and trade show. Attendees from across the country were welcomed by San Francisco Mayor, London Breed. Her opening address honored the 30th anniversary of the Proposition P ballot initiative, which was…

MondayJan 10, 2022 12:33 pm

Nowigence Inc. (NOWG) Proprietary Platform — Pluaris — Poised for Growth in AI-Focused New Year

Global crisis accelerated adoption of analytics and AI; momentum will continue into the 2020s. An estimated 86% of survey respondents say that AI is becoming a “mainstream technology.” Pluaris generates an annotated data feed based on specified topics of interest. Accelerated by the global pandemic, the adoption of artificial intelligence (“AI”) is gaining steam, with 2022 projected to be a year when AI becomes a “mainstream technology” (https://ibn.fm/ulgS4). Nowigence Inc. (NOWG), a fast-growing SaaS (Software-as-a-Service) company that has developed an innovative, ready-to-use artificial intelligence (“AI”) platform called Pluaris(TM), is establishing a stronghold in the burgeoning AI space. “When it comes…

MondayJan 10, 2022 12:18 pm

Mydecine Innovations Group Inc. (NEO: MYCO) (OTC: MYCOF) (FSE: ONFA) Announces Completion of Target-Based Model in Its AI-Driven Drug Discovery Program

The AI-driven drug discovery program uses not only artificial intelligence but also machine learning, which is a relatively new concept and is continuously expanding The use of artificial intelligence in the drug development space may help eliminate or reduce the manual operations that a company typically must undergo to identify and make necessary improvements to drugs The new model will allow the company to rapidly screen billions of structures promoting near term patent filings for novel psychedelic molecules Mydecine has already been able to eliminate unsuccessful candidates early on with the use of this technology Mydecine’s primary focus is the…

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