Day: July 8, 2021

Expected to Generate Combined Revenue in Excess of $70 Million in 2021 SANTA ANA, Calif., July 08, 2021 (GLOBE NEWSWIRE) — Terra Tech Corp. (OTCQX:TRTC) (“Terra Tech” or the “Company”) today announced that the Company has successfully completed its merger with UMBRLA, Inc., doing business as Unrivaled (“Unrivaled”). The merger with Unrivaled brings together two California-based companies with combined operations in California, Oregon and Nevada. Collectively, the Company operates a broad array of cannabis assets involving cultivation, distribution, brands, processing and dispensaries. The combined Company’s portfolio includes well-respected brands in cannabis, including Korova, Sticks, Cabana, Blüm and The Spot. In connection with the merger with Unrivaled, the Company changed its name to Unrivaled Brands,...

FORT WORTH, Texas, July 08, 2021 (GLOBE NEWSWIRE) — Contango Oil & Gas Company (NYSE American: MCF) (“Contango” or the “Company”) announced today that it has entered into an agreement to acquire low decline, conventional gas assets in the Wind River Basin of Wyoming from ConocoPhillips. HIGHLIGHTSAcquisition of PDP heavy reserves for $67 million in cash, representing a discount to the proved producing reserve value of the asset Net production run rate of approximately 78 Mmcfe/d (~100% gas) as of July 1, 2021 Expected to increase Contango’s run rate production by approximately 57% in Q3 of 2021 Expected production decline of approximately 5% per year over the next 5 years Significant potential for upside via Contango’s track record of optimizing cash flow and reserves on acquired assetsTRANSACTION DETAILS The purchase...

List of the Companies Profiled in the Global Network Automation Market: 6Connect, Inc. (California, United States), Anuta Networks International, LLC (Dublin, Ireland), AppViewX, Inc. (New York, United States), Apstra, Inc. (California, United States), Arista Networks, Inc. (California, United States), BlueCat Networks, Inc. (Toronto, Ontario), BMC Software, Inc. (Texas, United States), Cisco Systems, Inc. (California, United States), Cumulus Networks, Inc. (California, United States), Entuity, Inc. (London, United Kingdom), Fujitsu Ltd (Tokyo, Japan), HCL Technologies, Ltd (Noida, India), HelpSystems, LLC. (Minnesota, United States), IBM Corporation (New York, United States) Pune, India, July 08, 2021 (GLOBE NEWSWIRE) — The global network automation market size is expected to experience significant growth by reaching USD 22.58...

Miami, FL, July 08, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — Amazonas Florestal, Ltd. (OTC:AZFL) Management has confirmed the acquisition of Innova Consulting Group and Gamma Engineers & Consultants. Both of these companies are now owned by AZFL under the terms of the acquisition agreements executed this week by Chairman/CEO Ricardo Cortez and the owners of both companies.  Innova Consulting Group, headquartered in Cali, Colombia (www.innovacg.com.co) operates in the Information Technology and Solutions sector, focused on creating programs and software solutions for the cannabis industry. Innova’s app design, strategic planning and manufacturing software will be essential to Amazonas’ future business plans. Innova accomplished sales last year of nearly $1MM in services having grown two fold in the last three years...

SAN DIEGO, July 08, 2021 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (the “Company”, “SGMD” or “Salona Global”) (TSXV:SGMD), an acquisition-focused medical device company, has secured its first European customer in Spain as part of its organic growth plan to increase revenue growth of acquisition targets by expanding sales in Europe and other global markets. The initial order, placed with SDP, SGMD’s first acquisition, is expected to ship to the Spanish customer before the end of the fiscal second quarter (August 31, 2021), and is for $193,000 of specialized drug delivery electrode products with 35% margins. The Company anticipates recurring orders from the same customer every four months which would result in total estimated annual revenue of $550,000, which would be an increase of about 3.5% of pre-Covid SDP annual...