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Day: June 8, 2021

Simplicity Esports and Gaming Company Announces New E-Commerce Platform for the Sale of Esports and Gaming Merchandise

Simplicity Esports has 33 gaming centers in 13 states, the largest footprint in the U.S. Boca Raton, Florida, June 08, 2021 (GLOBE NEWSWIRE) — Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”), announced today that it will go live with an e-commerce site in the month of July to sell esports and gaming related merchandise. The site will launch with an inventory of trading card games (“TCG”) such as Magic: The Gathering, Pokémom, and Yu-Gi-Oh!, and expand into gaming accessories and equipment. Roman Franklin, CEO of Simplicity Esports, stated, “We have the largest footprint of esports gaming centers in the U.S., but we have yet to reach 37 states. Our e-commerce platform will allow us to compliment that footprint by servicing the rest of the country with the potential to expand globally. I believe our e-commerce...

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Nullagine Gold Project Update

VANCOUVER, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) — Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO & NVO.WT; OTCQX: NSRPF) is pleased to provide an operations update from its Beatons Creek conglomerate gold project in Nullagine, Western Australia (the “Nullagine Gold Project”) following its recent exploration update (refer to the Company’s news release dated June 3, 2021) and previous operational update (refer to the Company’s news release dated April 29, 2021). HighlightsNo lost time injuries to date at the Nullagine Gold Project Record gold production of 5,064 oz Au for May 2021, realizing revenue of C$10.8 million (A$11.5 million) from the sale of 4,754 oz Au at an average realized gold price of A$2,407 Mining and processing rates continue to increase month-on-month May 2021 month-end cash balance...

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Cannabis Market Size to Worth $97.35 Billion by 2026; Increased Use for Medical & Theraputic Purposes to Aid Marijuana Industry Growth, Says Fortune Business Insights™

Top companies covered in cannabis market are Aurora Cannabis, Aphria Inc, Canopy Growth Corporation, MedReleaf Corp., Cronos Group Inc., GW Pharmaceuticals. plc., CannTrust Holdings Inc., VIVO Cannabis Inc., Tilray, and more players profiled in weed market Pune, India, June 08, 2021 (GLOBE NEWSWIRE) — The global cannabis market size is set to gain momentum owing, observes Fortune Business Insights™ in an upcoming report, titled, “Cannabis/Marijuana Market, 2019-2026” owing to its increased use for medicinal purposes. According to the United Nations Office on Drugs and Crime (UNODC). Cannabis have therapeutic and medicinal benefits. As per the report, the market size was USD 10.60 billion in 2018 and is projected to reach USD 97.35 billion by 2026, exhibiting a CAGR of 32.92% during the forecast period.COVID-19 Impact: The world...

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BolaWrap® First Hometown Use – Safely Assists Officers to Restrain Moving Subject

TEMPE, Ariz., June 08, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, released new bodycam footage of another successful BolaWrap® Remote Restraint deployment, this time in the Company’s hometown of Tempe, Arizona. On May 28, 2021, Tempe Police Department officers observed a subject running through traffic, causing a danger to himself and others. The subject appeared to be in crisis and was armed with a stun gun. After the subject failed to respond to verbal commands, an officer announced that he would be wrapped. The officer deployed the BolaWrap, restricting the subject’s mobility and preventing him from moving away. The subject was safely taken into custody without injury. “The Tempe Police...

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Granite Creek Capital Partners and the Farrell Family Back Acquisition of Diamond Blade

CHICAGO, June 08, 2021 (GLOBE NEWSWIRE) — Granite Creek Capital Partners, L.L.C., a private investment firm based in Chicago, today announced it has partnered with Canterbury Ventures, LLC, the investment arm of James M. Farrell and W. James Farrell, to acquire Diamond Blade Warehouse, LLC (“DBW”).   DBW is a leading distributor of construction cutting tool consumables, providing professional-grade replacement parts for the cutting and grinding equipment used for a variety of applications including concrete, masonry, asphalt, pavers, tile, granite, marble and commercial flooring. Upon the closing of the acquisition, W. James Farrell was appointed Chairman of the Diamond Blade Warehouse Board of Directors. Mr. Farrell is the Retired Chairman of Illinois Tool Works (“ITW”), a multi-national manufacturer of highly engineered fasteners,...

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Liquid Media Group Announces Letter of Intent to Acquire Filmocracy

VANCOUVER, British Columbia, June 08, 2021 (GLOBE NEWSWIRE) — Liquid Media Group Ltd. (“the Company,” “Liquid Media” or “Liquid”) (Nasdaq: YVR) today announced the signing of a letter of intent (the “LOI”) to acquire Filmdab, Inc., which operates as “Filmocracy,” a B2B2C film and festival streaming platform with several proven revenue streams. Under the terms of the LOI, Liquid would acquire Filmocracy for up to 1.25-million shares, and Filmocracy must achieve revenues totalling up to US$66M to trigger three of the four equal tranches. Filmocracy combines technology for hosting live events with a streaming platform where Filmocrats can watch movies and attend virtual film festivals around the world for one monthly subscription. Previous clients include the American Film Market, the Television Academy, the American Society of Cinematographers,...

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HealthEquity Updates Business Outlook

DRAPER, Utah, June 08, 2021 (GLOBE NEWSWIRE) — HealthEquity, Inc. (NASDAQ: HQY) (“HealthEquity” or the “Company”), the nation’s largest health savings account (“HSA”) non-bank custodian, today announced an updated business outlook, superseding the business outlook announced by HealthEquity on June 7, 2021. The updated business outlook is being issued to exclude anticipated merger integration expenses related to the Further acquisition that were included in the previously announced business outlook. Summary of revisions to the previously issued business outlook The updated business outlook provided below has been revised as compared to the business outlook issued on June 7, 2021 to change the expected net loss from between $19 million and $15 million previously announced to an expected net...

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Mach7 Technologies Recruits New Vice President of Global Sales

Mr. David Madaffri, a veteran of the healthcare industry with 20+ years in sales leadership roles, joins Mach7’s Leadership Team. SOUTH BURLINGTON, Vt., June 08, 2021 (GLOBE NEWSWIRE) — Mach7 Technologies, a company specializing in innovative medical imaging and data management solutions for healthcare providers, announced that it has welcomed Mr. David Madaffri to the company as its new Senior Vice President of Global Sales. For the past 12 years, Mr. Madaffri has worked for Philips Healthcare in a variety of sales leadership roles, most recently serving as the Vice President of Sales for Enterprise Diagnostic Informatics for North America. He began his career as a Radiologic Technologist and later managed the Imaging Services at Sharp Memorial Hospital in San Diego, California. He transitioned to commercial roles after leaving...

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Processa Set to Join Russell Microcap® Index

HANOVER, MD, June 08, 2021 (GLOBE NEWSWIRE) — Processa Pharmaceuticals, Inc. (NASDAQ: PCSA), (“Processa” or the “Company”), a clinical-stage biopharmaceutical company developing products to improve the survival and/or quality of life for patients who have unmet medical needs, is set to join the Russell Microcap® Index at the conclusion of the 2021 Russell indexes annual reconstitution effect after the US market opens on June 28, according to a preliminary list of additions posted June 4. Membership in the Russell Microcap® Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. “Inclusion in this index is an important milestone for...

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Surna Cultivation Technologies Introduces High Efficiency EcoChill™ Heat Recovery Chiller

Expands HVAC product line for controlled environment agriculture (CEA) with equipment that reduces energy consumption Boulder, Colorado, June 08, 2021 (GLOBE NEWSWIRE) — Surna Inc. (OTCQB: SRNA), operating as Surna Cultivation Technologies, introduces the addition of heat recovery chillers to its EcoChill™ product portfolio. “Surna continues to add technological options to our product lines to meet the growing demands of indoor agriculture climates. We understand that one of the biggest challenges for our customers is to be more energy efficient and drive down operational costs. This new product is part of our strategy to respond to that challenge,” said Troy Rippe, Surna Cultivation Technologies Vice President of Operations and Development. Two multi-state operators (MSOs), in an effort to drive down operational costs, recently...

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