Month: June 2020

Fast-Casual Brand Kicks Off Construction at Two Additional Ghost Kitchens in Downtown ChicagoBurleson, Texas, June 11, 2020 (GLOBE NEWSWIRE) — Muscle Maker Grill, Inc. (Nasdaq: GRIL) the parent company of Muscle Maker Grill & Healthy Joe’s, a fast-casual concept known for serving “healthier for you” meals, today announced that it has begun the construction phase at its third and fourth delivery-only ghost kitchens to open in the downtown Chicago market. The first two locations, which are now in the hiring and training phase are set to open in the coming weeks. The final kitchen out of the five Chicago locations is anticipated to open later this summer. The kitchens will feature menu items from both MMG Brands, Muscle Maker Grill and Healthy Joe’s. Individually packaged MMG meal plans will also be sold from all of the ghost...

SOUTH SAN FRANCISCO, Calif., June 11, 2020 (GLOBE NEWSWIRE) — Harpoon Therapeutics, Inc. (NASDAQ: HARP), a clinical-stage immunotherapy company developing a novel class of T cell engagers, today announced that Gerald McMahon, Ph.D., President and Chief Executive Officer, will participate in two upcoming virtual investor conferences:A fireside chat at the JMP Securities Hematology & Oncology Forum on Thursday, June 18, 2020 at 4:20 p.m. ET / 1:20 p.m. PT; and A fireside chat at the BMO 2020 Prescriptions for Success Healthcare Conference on Tuesday, June 23, 2020 at 2:30 p.m. ET / 11:30 a.m. PT.A live audio webcast of the fireside chats will be available in the Investors section of Harpoon Therapeutics’ website at www.harpoontx.com.About Harpoon TherapeuticsHarpoon Therapeutics is a clinical-stage immunotherapy company developing...

EDMONTON, Alberta, June 11, 2020 (GLOBE NEWSWIRE) — Radient Technologies Inc. (“Radient” or the “Company”) (TSX Venture: RTI; OTCQX: RDDTF), a global commercial manufacturer of high quality cannabinoid-based ingredients, formulations and products, announces that its recently launched bioU branded products are now available through Medical Cannabis by Shoppers, a subsidiary of Shoppers Drug Mart Inc.The bioU brand was created exclusively for Medical Cannabis by Shoppers and is now available across Canada. bioU products have been scientifically designed by Radient to provide a high quality, consistent, broad spectrum oil formulations to medical users. The first series of products to launch is the USpray line of extracts which come in a convenient, precise dosage oral spray format. A CBD dominate (1:20 ratio of THC:CBD) and balanced...

28 patients have completed the open-label Edge trial measuring IGF-1 levels after 13 weeks of treatment when patients with acromegaly were switched to once daily oral paltusotine from commercially available depot injections of the peptide somatostatin receptor ligands (SRLs)Recruitment for the Edge and Evolve trials has been completed with 47 and 13 patients, respectively, and topline data is planned for the fourth quarter of 2020Management expects to use the results for the two trials to support the initiation of Phase 3 clinical development for paltusotine in the first half of 2021SAN DIEGO, June 11, 2020 (GLOBE NEWSWIRE) — Crinetics Pharmaceuticals, Inc. (Nasdaq: CRNX), a clinical stage pharmaceutical company focused on the discovery, development, and commercialization of novel therapeutics for rare endocrine diseases and endocrine-related...

SAN DIEGO, June 11, 2020 (GLOBE NEWSWIRE) — Otonomy, Inc. (Nasdaq: OTIC), a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology, today announced that David A. Weber, Ph.D., president and chief executive officer, is scheduled to present a company overview at the Raymond James 2020 Human Health Innovation Conference (Virtual) on Thursday June 18, 2020 at 2:20 p.m. ET (11:20 a.m. PT).A live audio webcast of the presentations will be available through the Events page of the company’s website (www.otonomy.com). About OtonomyOtonomy is a biopharmaceutical company dedicated to the development of innovative therapeutics for neurotology. The company pioneered the application of drug delivery technology to the ear in order to develop products that achieve sustained drug exposure from a single...

STAMFORD, Conn., June 11, 2020 (GLOBE NEWSWIRE) — The Lovesac Company (Nasdaq:LOVE) today announced that the Company is scheduled to present at the Oppenheimer 20th Annual Consumer Growth & E-Commerce Conference, on Tuesday, June 16, 2020, at 2:00 p.m. Eastern Time.The fireside chat will be webcast live over the Internet and can be accessed on the Company’s Investor Relations website, investor.lovesac.com.About The Lovesac Company

Cashflow positive, generating C$3 million a year in revenueInnovative clinic using online booking and telemedicine, easily integrated into CloudMD’s Electronic Medical Records (EMR) softwareTeam of 24 healthcare professionals servicing over 60,000 patientsOffer specialist services including psychiatry and women’s healthVANCOUVER, British Columbia, June 11, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a telemedicine company seeking to revolutionize the delivery of healthcare to patients, announced today its intent to acquire a medical clinic based in Metro Vancouver, BC (the “Clinic”). The Company has signed a Binding Term Sheet (the “Term Sheet”) with the Clinic to acquire 100% of the business, assets and operations.The recent oversubscribed...

DALLAS, June 11, 2020 (GLOBE NEWSWIRE) — Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or “Company”) today announced three new utility awards valued over $45 million.  The contracts were secured by ARB Underground, part of the Utilities & Distribution segment. The awards are for four miles of gas pipe replacement work in Southern California and power line replacement work in Northern California.Work is scheduled to commence in the second quarter of 2020, and completion is expected in the second quarter of 2021.ABOUT PRIMORISFounded in 1960, Primoris, through various subsidiaries, has grown to become one of the leading providers of specialty contracting services operating mainly in the United States and Canada. Primoris provides a wide range of specialty construction services, fabrication, maintenance,...

Key Operating HighlightsGross Revenue increased 30% to $30.9M from $23.8M in Q2Net Revenue increased 30% to $22.1M from $17.0M in Q2Adult-use grams and gram equivalents sold increased 42% to 9,338 kg compared to Q2Gross Margins increased to 40%Operating expenses decreased to $26.8MClosed $46M public offering to enhance liquidityAdjusted EBITDA improved to ($4.3M) from ($8.5) in Q2; tracking towards positive adjusted EBITDA in the first half of fiscal 2021Announced expanded partnership with Molson Coors to explore US CBD market in ColoradoOTTAWA, June 11, 2020 (GLOBE NEWSWIRE) — HEXO Corp. (TSX: HEXO; NYSE: HEXO) (“HEXO” or the “Company”) today reported its financial results for the third quarter fiscal 2020 ended April 30, 2020. All amounts are expressed in Canadian dollars unless otherwise noted.“I’d like to take this...

Faits saillants opérationnelsLes recettes brutes ont augmenté de 30 %, passant de 23,8 M$ au T2 à 30,9 M$Les recettes nettes ont augmenté de 30 %, passant de 17,0 M$ au T2 à 22,1 M$Les ventes de grammes et d’équivalents grammes pour adultes ont augmenté de 42 % par rapport au T2, pour atteindre 9 338 kgLes marges brutes ont augmenté pour atteindre 40%Les frais d’exploitation ont diminué pour s’établir à 26,8 M$Clôture d’un placement public de 46 M$ pour favoriser la liquiditéAmélioration du BAIIA rajusté passant de (8,5 M$) au T2 à (4,3 M$) ; évolution vers un BAIIA rajusté positif au cours du premier semestre de l’exercice 2021Annonce d’un partenariat élargi avec Molson Coors pour explorer le marché américain du CBD au ColoradoOTTAWA, 11 juin 2020 (GLOBE NEWSWIRE) — HEXO Corp. (TSX : HEXO ; NYSE : HEXO) (« HEXO »...