CPG

Advanced Cannabis Intoxication Detection Devices Set to Improve Road Safety

Monday, September 27, 2021 - 4:50pm

NEW YORK, Sept. 27, 2021 /PRNewswire/ -- More and more states are beginning to implement legislation to regulate cannabis products. As sales of such products are becoming more prevalent, new and important regulations are expected to be implemented. One of the major concerns over cannabis abuse revolves around operating a vehicle while impaired. Generally, law enforcement officers may conduct field tests such as sobriety tests or even sample tests. However, sobriety tests can be inaccurate, while sample tests may not receive results for days or even weeks. As a result, companies within the cannabis marketspace began to develop the necessary technology for law enforcement agencies to use in crackdowns on drivers operating a vehicle while under the influence of marijuana. Cannabix Technologies Inc. (OTC: BLOZF) (CSE: BLO), OrganiGram Holdings Inc. (NASDAQ: OGI), HEXO Corp. (NYSE: HEXO), Cronos Group Inc. (NASDAQ: CRON), Aurora Cannabis Inc. (NASDAQ: ACB)

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company also reports that it has shipped two THCBA devices to a biomedical clinic in southern Ontario for beta-testing.
  • Aurora Cannabis Inc.(NASDAQ: ACB) and Ethypharm reported last month that they have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks.

Advanced Cannabis Intoxication Detection Devices Set to Improve Road Safety

Monday, September 27, 2021 - 4:47pm

Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.

Key Points: 
  • Overall, the legal cannabis market is permeating throughout the U.S. states and is helping to create a multi-billion-dollar industry.
  • While medical cannabis still dominates that broad cannabis marketplace, the growing awareness and legalization efforts are expected to further propel the overall industry forward.
  • The Company also reports that it has shipped two THCBA devices to a biomedical clinic in southern Ontario for beta-testing.
  • Aurora Cannabis Inc.(NASDAQ: ACB) and Ethypharm reported last month that they have successfully delivered their initial shipment of cannabis to the French medical cannabis pilot program, set to begin serving patients in the coming weeks.

Harvest One Announces Warrants Issued for Consulting Services

Monday, September 27, 2021 - 12:45pm

Vancouver, British Columbia--(Newsfile Corp. - September 27, 2021) - Harvest One Cannabis Inc. (TSXV: HVT) (OTCQB: HRVOF) ("Harvest One" or the "Company"), a uniquely positioned cannabis-infused and non-infused consumer packaged goods ("CPG") leader, announces that further to the press release of the Company dated July 26, 2021, relating to the strategic advisory and consulting services to the Company (the "Consulting Services") to be provided by an arm's length service provider, Jonathan Carroll (the "Consultant"), the Company has issued 300,000 warrants (the "Warrants") to the Consultant pursuant to the terms of the consulting agreement entered into relating to the Consulting Services (the "Consulting Agreement").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - September 27, 2021) - Harvest One Cannabis Inc. (TSXV: HVT) (OTCQB: HRVOF) ("Harvest One" or the "Company"), a uniquely positioned cannabis-infused and non-infused consumer packaged goods ("CPG") leader, announces that further to the press release of the Company dated July 26, 2021, relating to the strategic advisory and consulting services to the Company (the "Consulting Services") to be provided by an arm's length service provider, Jonathan Carroll (the "Consultant"), the Company has issued 300,000 warrants (the "Warrants") to the Consultant pursuant to the terms of the consulting agreement entered into relating to the Consulting Services (the "Consulting Agreement").
  • Based on the terms of the Consulting Agreement, the exercise price of each Warrant is $0.089.
  • The Warrants and the Common Shares issuable on exercise of the Warrants are subject to a hold period until January 25, 2022, in accordance with applicable securities laws.
  • Harvest One is a uniquely positioned company in the cannabis space which is commercializing both cannabis-infused and non-infused products.

Rocky Mountain Chocolate Factory Comments on Proxy Advisory Reports

Monday, September 27, 2021 - 12:05pm

Rocky Mountain Chocolate Factory continues to urge stockholders to vote on the WHITE proxy card FOR ALL of its skilled and experienced director nominees at the Annual Meeting.

Key Points: 
  • Rocky Mountain Chocolate Factory continues to urge stockholders to vote on the WHITE proxy card FOR ALL of its skilled and experienced director nominees at the Annual Meeting.
  • Rocky Mountain Chocolate Factory issued the following statement:
    ISS states clearly that the dissident group has not disclosed a sufficiently detailed go-forward plan to merit outright control of the Board.
  • Rocky Mountain Chocolate Factory urges stockholders to vote TODAY on the WHITE proxy card FOR all six of the Companys highly qualified, skilled and experienced directors at the Companys Annual Meeting.
  • About Rocky Mountain Chocolate Factory, Inc.
    Rocky Mountain Chocolate Factory, Inc., headquartered in Durango, Colorado, is an international franchiser of gourmet chocolate, confection and self-serve frozen yogurt stores and a manufacturer of an extensive line of premium chocolates and other confectionery products.

Schneider Electric Demonstrates Innovations to Support Changing Needs of the Packaging Industry

Monday, September 27, 2021 - 12:55pm

These innovations are designed to support the quickly changing needs of CPG customers embracing new IIoT technologies to digitize their operations.

Key Points: 
  • These innovations are designed to support the quickly changing needs of CPG customers embracing new IIoT technologies to digitize their operations.
  • Over the past decade, the CPG space has been more transformed by IIoT than most industries, with new connected technologies giving manufacturers the flexibility required to meet their customers changing needs.
  • Connected technologies have brought in a new level of flexibility to the CPG industry, helping companies respond to the needs of their customers faster, while driving down operational costs, said Miguel Najera, Consumer Packaged Goods Regional Segment Leader - North America, Schneider Electric.
  • We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.

Neptune Wellness Appoints Randy Weaver as Interim Chief Financial Officer and Retains Dr. Toni Rinow as Chief Operating Officer

Monday, September 27, 2021 - 12:30pm

("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced the appointment of Randy Weaver as Interim Chief Financial Officer while retaining Dr. Toni Rinow as Chief Operating Officer.

Key Points: 
  • ("Neptune" or the "Company") (NASDAQ: NEPT) (TSX: NEPT), a diversified and fully integrated health and wellness company focused on plant-based, sustainable and purpose-driven lifestyle brands, today announced the appointment of Randy Weaver as Interim Chief Financial Officer while retaining Dr. Toni Rinow as Chief Operating Officer.
  • Mr. Weaver joins Neptune as Interim Chief Financial Officer with a successful track record of leading numerous CPG companies as a senior executive, bringing the knowledge and experience to help Neptune build a solid foundation of growth.
  • Randy Weaver, incoming Interim Chief Financial Officer of Neptune Wellness, commented, "Neptune is at a crucial inflection point following its transformation into a growth-oriented and diversified CPG company.
  • About Neptune Wellness Solutions Inc.
    Headquartered in Laval, Quebec, Neptune is a diversified health and wellness company with a mission to redefine health and wellness.

Fobi Announces Definitive Agreement To Acquire Qples Online Coupon And Advertising Platform For $3,200,000 To Deliver Global CPG Generated Coupons. 2022 Revenue Expected To Exceed $2,000,000 Prior To Fobi Impact.

Monday, September 27, 2021 - 11:00am

As such, our Qples acquisition is perfect in terms of both timing and fit with Fobis technology to close on upcoming major developments.

Key Points: 
  • As such, our Qples acquisition is perfect in terms of both timing and fit with Fobis technology to close on upcoming major developments.
  • Moreover, I expect Qples itself to contribute significant revenue to Fobi in 2021 and well beyond.
  • Qples is a next generation provider of digital coupons and the first coupon provider to sign on to The Coupon Bureaus universal digital coupon AI 8112 project.
  • Specifically, significant interest from the Grocery space dictates that Fobi secures and directly manages the further development of Qples coupon platform.

Astreya Appoints Balaji Krishna as Executive Vice President & Global Head of Next Gen Engineering

Friday, September 24, 2021 - 3:19pm

SAN JOSE, Calif., Sept. 24, 2021 /PRNewswire/ -- Astreya , a premier IT managed services solution provider, today announces the appointment of Balaji Krishna , as Executive Vice President & Global Head of Next Gen Engineering.

Key Points: 
  • SAN JOSE, Calif., Sept. 24, 2021 /PRNewswire/ -- Astreya , a premier IT managed services solution provider, today announces the appointment of Balaji Krishna , as Executive Vice President & Global Head of Next Gen Engineering.
  • "Balaji joins us at a pivotal point in Astreya's expansion, as clients entrust us with solving their unique problems using emerging technologies.
  • Balaji is a visionary and innovative engineering leader, who is the ideal person to build and lead our Astreya Next Gen Engineering Portfolio of Services.
  • Our board and I welcome him to the Astreya Executive Team and wish him exceptional success in expanding global solutions, brand footprint, and revenue opportunities."

IDC's 3rd Platform Industry Spending Guides Provide In-Depth Sub-Industry Forecasts for Technology Investments Across Nine Industries

Friday, September 24, 2021 - 1:30pm

International Data Corporation ( IDC ) recently published a series of 3rd Platform Industry Spending Guides that provide in-depth forecasts for technology spending.

Key Points: 
  • International Data Corporation ( IDC ) recently published a series of 3rd Platform Industry Spending Guides that provide in-depth forecasts for technology spending.
  • 3rd Platform technologies will become the largest area of technology investment in the banking industry by 2022 with cloud and mobility accounting for 30% or more of all industry spending throughout the forecast.
  • The manufacturing industry will deliver the largest investments in 3rd Platform technologies with spending growing to more than $800 billion in 2024.
  • IDC's Spending Guides provide a granular view of key technology markets from a regional, vertical industry, use case, buyer, and technology perspective.

Westfall Technik Names Mark Gomulka CEO

Friday, September 24, 2021 - 12:00pm

The Board of Westfall Technik and Brian Jones, the companys founder, are pleased to announce that Mark Gomulka has assumed the position of CEO of Westfall Technik.

Key Points: 
  • The Board of Westfall Technik and Brian Jones, the companys founder, are pleased to announce that Mark Gomulka has assumed the position of CEO of Westfall Technik.
  • I trust Mark to lead Westfall as CEO, Jones said.
  • Gomulka has risen rapidly at Westfall, after leading Flexs medical and precision plastics operations for the prior five years.
  • New York-based private equity firms Lee Equity Partners and BlackBern Partners sponsored the launch of Westfall Technik in October 2017.