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Day: June 7, 2022

SciSparc Ltd. Announces Initial Positive Results for the Cocaine Addiction Treatment of Clearmind Medicine Inc.

SciSparc and Clearmind recently announced the filing of a patent application related to treating cocaine addiction TEL AVIV, Israel, June 07, 2022 (GLOBE NEWSWIRE) — SciSparc Ltd. (NASDAQ: SPRC), a specialty clinical-stage pharmaceutical company focusing on the development of therapies to treat disorders of the central nervous system (the “Company” or “SciSparc”), today announced that initial positive pre-clinical results for treatment for cocaine addiction using MEAI, a novel psychedelic molecule of Clearmind Medicine Inc. (“Clearmind”) (CSE: CMND), (OTC: CMNDF), (FSE: CWY0). Pursuant to SciSparc last announcement on June 2, 2022, whereby the Company announced the collaborated filing of a provisional patent application related to treating cocaine addiction with Clearmind based on SciSparc’s CannAmide™ compound...

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FingerMotion, Inc. Announces Sponsorship and Presentation at 12th Annual LD Micro Invitational Conference

NEW YORK, NY, June 07, 2022 (GLOBE NEWSWIRE) — FingerMotion, Inc. (NASDAQ: FNGR) (the “Company” or “FingerMotion”), a mobile data and services company, is pleased to announce its participation as a Gold Sponsor at the 12th Annual LD Micro Invitational Conference to be held at the Four Seasons Westlake Village, California. FingerMotion’s main presentation is scheduled on Wednesday, June 8, 2022 at 2:30 p.m. PT (5:30 p.m. ET). Martin Shen, CEO of FingerMotion, Inc. will be hosting the presentation. Interested parties will be able to access the presentation live over the internet via the weblink: https://ldinv12.mysequire.com. Additionally, management will be available to speak with participants throughout the day. Attendees interested in scheduling a one-on-one meeting with management can send an email to...

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Crown Electrokinetics CEO to Present at the LD Micro Invitational

Presentation on Wednesday, June 8th at 12:30 PM PT Westlake Village, CA, June 07, 2022 (GLOBE NEWSWIRE) — Crown Electrokinetics Corp. (NASDAQ: CRKN) (“Crown” or the “Company”), a smart glass technology company and the creator of DynamicTint™ We Make Your Glass Smarter™, announced today that it will be presenting at the 12th annual Invitational on Wednesday, June 8th at 12:30 PM PT at the Four Seasons Westlake Village. Doug Croxall, Chairman and Chief Executive Officer, will be giving the presentation. “We are proud to be hosting our 12th annual installment of the Invitational at a new and fantastic venue no less. I want to build on the incredible momentum generated from last October and can not wait to host the patrons and execs who have supported us through thick and thin. For the past 15 years,...

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Trust Stamp’s MetaPresence™ Vault is coming soon: join the waitlist

Now accepting sign-ups for the secure account credential and cryptographic key storage solution Atlanta, GA, June 07, 2022 (GLOBE NEWSWIRE) — Trust Stamp (Nasdaq: IDAI, Euronext Growth: AIID ID), an AI-powered trust and identity services company used globally across multiple sectors, announces that it is accepting sign-ups for the MetaPresence™ Vault waitlist. The innovative solution provides secure account credential and private key storage, ensuring personal wallets and digital asset keys are protected and accessible only to the user via their MetaSafe account, independent of platforms and service providers. Individuals can transact more freely across the metaverse with the enhanced utility of protected, interoperable access to their digital assets. Trust Stamp’s secured biometric authentication technology leverages irreversible...

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Simply Better Brands Corp and Jones Soda Co. Announce Termination of Letter of Intent Due to Unfavourable Market Conditions

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) — Simply Better Brands Corp. ( “Simply Better Brands” or “SBBC”) (TSX Venture: SBBC) (OTCQB: PKANF) and Jones Soda Co. (“Jones”) (CSE: JSDA) (OTCQB: JSDA) announce that, due to current market conditions, SBBC and Jones have terminated the previously announced letter of intent (see news release dated April 21, 2022). “We are disappointed that due to current market conditions we are unable to move forward with our intended transaction at this time. The Jones Soda brand is one we felt confident would add tremendous value to our existing platform and ultimately be accretive to shareholder value. We wish Jones management and their board much success in their future,” says Kathy Casey, CEO of Simply Better Brands. “Due to the decline in current market conditions, we regrettably...

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Directional Drilling Services Market Size [2020-2027] Worth USD 13.87 Billion Globally, at 9.3% CAGR

The global directional drilling services market size is expected to grow from USD 10.38 Billion in 2019 to USD 13.87 Billion by 2027; it is estimated to grow at a CAGR of 9.3% from 2020 to 2027. Pune, India, June 07, 2022 (GLOBE NEWSWIRE) — The global directional drilling services market size is projected to reach USD 13.87 billion by 2027, at a CAGR of 9.3% during the forecast period. The directional drilling services market size was USD 10.38 billion in 2019. Rising demand for various tools and equipment used in the oil and gas industry across the globe, along with increasing discoveries of new bulk potential reservoirs, is expected to spur the demand of the market The catastrophe caused by coronavirus has disrupted the supply chain of every industry around the world. We understand that this health emergency has negatively impacted...

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Tilray Medical Launches Sleep-Oriented CBN Night Oil for Medical Cannabis Patients in Canada

Aphria Medical CBN Oil New Aphria CBN Night Oil formulated for night-time useLEAMINGTON, Ontario, June 07, 2022 (GLOBE NEWSWIRE) — Tilray Brands, Inc. (“Tilray” or the “Company”) (Nasdaq: TLRY; TSX: TLRY), a leading global cannabis and consumer packaged goods company inspiring and empowering the worldwide community to live their very best life, today announced that its medical cannabis brand, Aphria, has launched CBN Night Oil, the brand’s first CBN oil medical product formulated for patients’ nighttime use. Blair MacNeil, President, Tilray Canada, said, “Tilray Medical is committed to providing patients in Canada and around the globe with safe, high-quality cannabinoid-based medicine. We are pleased to add a dedicated night oil to the Aphria medical portfolio and broaden our offering of effective...

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Acerus Announces Amendment and Restatement of the Promissory Note Related to the Up-Front Fee Payable to Former Serenity Securityholders

TORONTO, June 07, 2022 (GLOBE NEWSWIRE) — Acerus Pharmaceuticals Corporation (the “Company” or “Acerus”) (TSX:ASP; OTCQB:ASPCD) today announced that it has entered into an amended and restated promissory note (the “A&R Note”) covering the up-front fee owed to former Serenity Pharmaceuticals LLC (“Serenity”) securityholders. Under the original promissory note, the up-front fee, less deductions, in the amount of US$4.91 million was due to be paid on June 7, 2022. The securityholder representative and Acerus agreed to extend the maturity date in the A&R Note to July 8, 2022 to allow Acerus more time to secure additional financing. About Acerus Acerus Pharmaceuticals Corporation is a specialty pharmaceutical company focused on the commercialization and development of innovative prescription products that improve patient experience,...

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Salona Global Medical Device Corporation Announces Execution of a Non-Binding Agreement to Acquire a US$5M in Annual Revenue Plastics Business with 40% Gross Margins

SAN DIEGO, June 07, 2022 (GLOBE NEWSWIRE) — Salona Global Medical Device Corporation (“Salona Global” or the ‎‎“ Company”) (TSXV:SGMD), ‎an acquisition-oriented medical device company serving the global injury and surgery recovery (known as recovery science) market, announced today it has executed a non-binding agreement (“Agreement”) to acquire a cash flow positive medical device business it plans to close with its current balance sheet. As a reminder, the Company announced an update call by Chairman and interim CEO Les Cross on June 9, 2022 at 5pm (eastern time), on the one year anniversary of the Salona Global’s listing on the TSX-V. The dial in information is below: Fiscal Year End February 28, 2022, Update Call Dial In: +1 (866) 518-6930Passcode: SALONA The Company has come to financial terms to acquire a company focused on...

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Quipt Expands in California with Acquisition of NorCal Respiratory Reaching 90 Locations Nationwide

Acquisition Adds $3.2 Million in Annualized Revenues, Over 650K Adjusted EBITDA Post Integration CINCINNATI, June 07, 2022 (GLOBE NEWSWIRE) — Quipt Home Medical Corp. (“Quipt” or the “Company”) (NASDAQ:QIPT; TSXV:QIPT), a U.S. based leader in the home medical equipment industry, focused on end-to-end respiratory care, is very pleased to announce that it has acquired NorCal Respiratory, Inc. (“NorCal Respiratory”), a business with operations in California, reporting unaudited trailing 12-month annual revenues of approximately $3.2 million ‎and with anticipated Adjusted EBITDA (defined below) of $650,000 post integration. As a reminder, all figures stated are in USD. Quipt is undertaking an ongoing national expansion effort with the goal of economically growing its operating footprint to serve as a leader in respiratory homecare...

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