Monday, April 5, 2021

Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Launches Live Holoportation Feature in its AiR Show Mobile Application

 

  • Nextech AR Solutions Corp. recently launched the live holoportation feature in its AiR Show app
  • During the launch, Nextech CEO, Evan Gappelberg, provided a live demonstration of the holoportation technology, through which viewers could beam his hologram into their homes
  • Nextech purchased the AiR Show app from TRICK 3D, and since then, it has rolled out improvements that now make it ideal for use in multiple industries

In a statement released back in February as Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) launched AiR Show version 2.0 – an app that turns people into holograms that users can then interact with or listen to – Nextech’s Director of Interactive Experience, Elliott Rothman, noted that the company had several improvements in the pipeline (https://nnw.fm/fqm4s). Thus, with the launch of the LIVE holoportation technology on the mobile app on March 26, Nextech made good on its promise to keep revamping the platform. The launch featured a live demonstration that enabled viewers to beam the hologram of Nextech CEO Evan Gappelberg into their homes.

Speaking in an interview with Steve Darling from Proactive (https://nnw.fm/mXABW) that aired shortly after the launch, Evan went into great detail to explain what the app will achieve through the new holoportation technology. He described holoportation as the transportation of a product or person from a particular location, for example, a home or warehouse, virtually, all around the world.

Evan also noted that the live holoportation demonstration did not require any sophisticated technology to bring it to fruition and could, in fact, be done from anywhere. “In this case, it was my home,” he explained, “which shows you how little equipment you need. You didn’t need to be in a studio. There were no crazy cameras. It was literally my iPhone 12 Pro, mounted on a tripod, with some lights and a green screen.” Evan also stated that future improvements would eliminate the need for green screens by using artificial intelligence to chroma key out the green screen.

Notably, Nextech added AiR Show to its growing list of AR brands in the last quarter of 2020 following an acquisition closed on October 1, 2020. At the time, AiR Show, which was previously owned by TRICK 3D, was primarily used in the music industry. It enabled users to purchase tickets to watch performances from music artists and other people in the comfort of their homes (https://nnw.fm/ggfNn). But Nextech has since expanded this focus to encompass other industries, including automotive, medical, dating, fashion shows (apparel), education and art (for instance, during auctions).

“You can beam in a professor from any top school all over the globe,” Evan continued. “This technology could be used to holoport teachers from cities to rural areas, where they normally wouldn’t be able to get access to that kind of education. So, it could be a gamechanger for some countries as far as education.”

Nextech views AiR Show as an opportunity to gain more AR revenue and increase its earnings potential in its fast-growing AR business. The purchase of AiR Show late last year was the company’s seventh acquisition and grew its portfolio of AR applications to three. It was part of a strategy to bring together various AR offerings to create the world’s first complete AR ecosystem. With the roll-out of improvements, such as the holoportation technology, Nextech is inching closer to realizing this strategy by availing a product suitable for use in different industries.

The company is also looking into using NFT technology in combination with its AR and AirShow app.

For more information, visit the company’s website at www.NextechAR.com.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://nnw.fm/NEXCF

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

Splash Beverage Group Inc. (SBEV) Expands TapouT Product Line to Alabama, Florida

 

  • SBEV inks agreements with Gulf Distributing of Florida, Alabama—one of area’s most-established distributors
  • TapouT is first advanced-performance drink that focuses on all three levels of physical support: activation, hydration and recovery

Splash Beverage Group (OTCQB: SBEV), a holding company of leading portfolio of beverage brands, is expanding the reach of its TapouT performance drink into Alabama and Florida. Splash has finalized agreements with Gulf Distributing of Florida and Gulf Distributing of Alabama to distribute TapouT beverages, its complete line of high-performance sports drink that contain a proprietary blend of essential vitamins, minerals and electrolytes (https://nnw.fm/SglUM).

“We have a 20-year relationship with Gulf Distribution and we are extremely excited to be working with their team again,” said Splash Beverage CEO Robert Nistico. “Our brand TapouT joins their blue-chip portfolio of Coors, Heineken, Corona, Red Bull, Essentia Water, 7-Up and Snapple, with statewide coverage in Alabama, including TapouT’s new authorization of 74 MapCo stores in the state. . . . This adds to TapouT’s rapidly growing list of distributors in Southeast United States, particularly in Florida as they will cover Bay, Calhoun, Escambia, Gulf, Holmes, Jackson, Okaloosa, Santa Rosa, Walton and Washington counties.”

The two divisions of Gulf Distributing Holdings (“GDH”) manage and operate seven individual beverage distributors that encompass central and southern Alabama and the panhandle of Florida. One of the most-established distributors in the area, GDH in its entirety represents more than 100 suppliers and services more than 10,000 retail accounts in the Southeastern United States.

TapouT is the first advanced-performance drink that focuses on all three levels of physical support — activation, hydration and recovery resulting in increased endurance and performance. The line features a proprietary blend of nine essential vitamins, five minerals and all five electrolytes that are formulated for maximum absorption to enhance cellular health and function. The beverages offer tasty, light and refreshing flavors.

The current Splash portfolio features four unique beverage brands. In addition to its TapoutT performance drinks, the company offers Salt Naturally Flavored Tequila, a 100% blanco agave 80-proof tequila that offers a clean and delicate taste; Copa Di Vino, the leading producer of premium “wine by the glass” in the country; and Pulpoloco Sangria, a premium-crafted sangria imported from Spain. Each of these brands offers one or more of the qualities that the company specifically seeks in an acquisition.

Specializing in manufacturing, distributing, sales and marketing of various beverages across multiple channels, Splash operates in both the alcoholic and nonalcoholic beverage segments, allowing it to leverage efficiencies and dilute risk. The company’s business strategy is to quickly develop and accelerate pre-existing brands to exit for cash events. The company’s management team has invaluable expertise and insight, and the company strives to identify brands it perceives to have highly visible preexisting brand awareness or pure category innovation.

Specifically, the company look for brands and products that are on trend and deliver natural quality, health benefits, freshness and refreshment within their beverages. The company looks to maintain highest performance standards and focus on execution as it works with distributors and retail partners achieve and exceed all goals. In addition, the company offers support for members of the U.S. armed forces, first responders and health-care professionals.

For more information, visit the company’s website at www.SplashBeverageGroup.com.

NOTE TO INVESTORS: The latest news and updates relating to SBEV are available in the company’s newsroom at https://nnw.fm/SBEV

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

Thursday, April 1, 2021

Ideanomics, Inc. (NASDAQ: IDEX) Enters 2021 with Optimism Over Improving EV Market, Battery Outlook

 

  • Ideanomics is a New York-based global company driving the adoption of commercial electric vehicles
  • CEO, Alf Poor noted at a conference last week that commercial EV adoption is advancing and that the char4ging infrastructure market is expected to grow at a CAGR of 33.4 percent between now and 2028
  • The U.S. Department of Energy has also declared that developing solutions for better and more cost-accessible EV batteries is a critical element of its mission

As the electric vehicle market ramps up worldwide, EV owners are pushing for higher performance from the batteries that power their vehicles, which analysts in turn expect to drive further adoption and help to bring down the costs associated with electric vehicles.

“Battery cost is coming down. This is great for the EV industry because this will put us at a parity with the cost of the competitor in the space, which is obviously the internal combustion engine,” Alf Poor, the COO of Ideanomics (NASDAQ: IDEX) said during a March 25 webinar that discussed the market outlook for batteries and charging solutions (https://nnw.fm/pO8mb).

“(But) battery tech is largely old tech,” Poor said. “The charging experience isn’t there yet and the range anxiety and things that go with that is coming on as a result. We need to see a lot more innovation in the battery sector. The good news is billions of dollars are pouring into battery innovation and the density and charging improvements will obviously follow on from that.”

As a publicly held company working to ease the adoption of commercial electric vehicles, Ideanomics has an interest in seeing its revenue stream become more predictable, which the company hopes to accomplish through a battery leasing model in Asia, Poor said.

China leads the EV trade globally, but industry publication Utility Dive recently reported that the number of electric vehicle models available to U.S. consumers is expected to more than triple during the next three years as well, as ancillary solutions for consumer needs such as battery cost parity take place.

Developing solutions for better EV batteries is a critical element of the U.S. Department of Energy’s mission, the agency’s acting deputy assistant secretary for transportation said during a separate webinar hosted by the DOE in December (https://nnw.fm/vShvj).

Poor’s presentation during the Future of Green ETFs Summit hosted by KraneShares noted that the global EV charging infrastructure market is expected to grow at a CAGR of 33.4 percent between now and 2028, reaching revenues of $144.97 billion — a reflection of the enthusiasm and urgency worldwide for Main Street policies to counter global warming trends.

Poor predicted that commercial EVs will move into mainstream use this year and noted that Bloomberg NEF anticipates commercial EV sales worldwide will reach 1.2 million by 2023.

“We have a unique view across what we believe is the value chain because we have operations in China, South Asia, in Malaysia, in Europe and in North America, and we have interesting subsidiaries and operations and investments in everything in the value chain from charging systems through the two-wheelers and three-wheelers, buses, trucks and even EV tractors on the agricultural side as well,” Poor said.

For more information, visit the company’s website at www.Ideanomics.com.

NOTE TO INVESTORS: The latest news and updates relating to IDEX are available in the company’s newsroom at https://nnw.fm/IDEX

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

FACT Inc. (FCTI) Is ‘One to Watch’

 

  • FACT Inc. combines advanced forensic technology, analytical tools and blockchain structure in a proprietary software and device solution for collectors worldwide
  • F.A.C.T. Software and Methodology are currently patent-pending products
  • The company leverages advances in forensic technology to capture surface profiles of an asset for authenticity verification in minutes
  • Scanning of the image is done down to two microns, which acts as a “digital fingerprint” showing details as minute as a 50th of the diameter of a human hair
  • All information on the pieces is kept in a secured database that standardizes collection management through scans, condition reports and provenance documentation
  • In March 2021, FACT announced its plans to integrate Non-Fungible Tokens (“NFTs”) within its blockchain technology platform
  • The art market was valued at $64 billion in 2019, with an estimated 50,000 pieces stolen per year

FACT (OTC: FCTI) is a global leader of fine art and collectibles authentication technology that focuses on providing innovative solutions to address the challenges faced in the collectibles industry. The company’s proprietary forensic technology and management platform enable all parties, from collectors to insurers, to manage collections worldwide by leveraging advanced forensic technology, analytical tools and blockchain structure to protect assets.

In addition, FACT Inc. will be offering its clients the ability to create Non-Fungible Tokens (“NFTs”) on both their physical and digital fine art assets. It is the only company that can provide a secure link from the digital asset to the physical assets on a seamless platform. FACT Inc. is currently onboarding a system to allow its user to create, sell and trade their NFTs.

FACT Inc. was founded in 2020 as a collaboration by a team with art, business and forensics backgrounds. FACT Inc. is led by Patricia Trompeter, its CEO. The company is headquartered in Toronto, Canada, but operates all over the world.

The F.A.C.T. Solution

FACT’s solution for the collectibles industry is Forensic Asset Certification Technology (F.A.C.T.). The F.A.C.T. Secured Database standardizes collection management through centralized storage of F.A.C.T. scans, condition reports and provenance documentation throughout the life of the work.

The patent-pending software and methodology provide solutions that leverage advances in forensic technology to capture an asset’s surface profiles for authenticity verification in a matter of minutes. The F.A.C.T. secured device is the only portable solution of its kind that utilizes “digital fingerprints” from the physical asset for verification and condition reporting.

  • Information Management –The F.A.C.T. System provides users with a secure interface that offers unique data entry, scanning specifications and asset information before it is securely stored on the blockchain.
  • Visualization – The company’s device can be deployed quickly offsite, allowing for scans to be captured anywhere. These scans are instantaneously transmitted to the F.A.C.T. Secured Database. The scan is then reviewed by F.A.C.T. analytics software. The verification certificates and condition reports are auto-generated and added to the secure reporting.
  • Confirmation – Multiple scans of the asset are captured by the F.A.C.T. Secured Device. These scans serve as unique “digital fingerprints” for the asset for verification purposes. To establish authenticity, scans are compared to the originals that are on record for the asset.
  • Non-Fungible Tokens – FACT’s service offerings will include the creation of the token, smart contract integration, and dozens of optional terms and conditions. Each NFT is customized to the client’s specifications featuring any number of complex mechanics, such as usage analytics, royalties and value enhancements.

F.A.C.T. Interferometer Scanning

The F.A.C.T. Secured Device (patent pending) is powered by a proprietary white-light interferometer that captures ultra-high-resolution scans for comparative analysis that verify the authenticity and assess degradation at the lowest levels possible. The “digital fingerprints” are transferred and stored in the F.A.C.T. database.

Each scan with the Secured Device captures the area at a resolution of two microns or better, which is equivalent to a 50th of the diameter of a human hair. The scan can detect and document even the most minute details and characteristics of an asset. “Smart Pixel” Technology offers a 3D image with real-time communication to the master controller. It creates topographic and tomographic renderings while providing up to 100x magnification for viewing the 3D images. The F.A.C.T. Analytic Tools allow for efficient measurement of roughness, layer thickness, wear, volume, patterns and defects of each scan for verification.

The F.A.C.T. solution addresses needs in a number of market sectors, including:

  • Valuable Assets Insurance– The company’s platform provides records of provenance, verification and condition reports protecting against fraud and simplifying due-diligence. Title insurance for a piece runs between 1% and 7% of the total value of the asset. Insurance companies justify this by claiming that rightful owners are difficult to track down, especially if there are gaps within ownership history records.
  • Valuable Assets Secured Lending– Last year, approximately $24 billion in outstanding loans were secured by art. Borrowers face high-interest rates on these loans due to incomplete authenticity, condition and provenance records.
  • Valuable Asset Transportation Companies– Over 14,000 paintings and prints were transported across international borders in 2019. Accidental damage during transport accounts for 50% of insurance claims. F.A.C.T. provides security and assistance with on-the-go reporting.
  • Valuable Assets Business– Auction houses, museums and dealers can benefit from access to thorough, up-to-date information regarding the condition and provenance of assets.
  • Non-Fungible Tokens– NFTs can be created to represent the entire asset or sections of the asset which can be offered as a standalone item or through fractional ownership. This versatility is expected to unlock new opportunities to expand the art and collectibles market and enhance value for collectors.

Collectibles and Asset Market

The collectibles market is a multi-billion-dollar industry that is vulnerable to fraud, theft and forgery. The overall art market was valued at $64 billion in 2019, and the numismatic market was valued at $4.1 billion in 2019.

Statistics show that:

  • Approximately 50,000 pieces of art are stolen each year
  • $2 billion is paid for art on the black market annually
  • Per Interpol, 10% of the market is subject to fraud
  • The FBI estimates that 80% of all art crimes are fraud, forgeries and fakes (not theft)
  • The FBI also estimates that 50% of sports memorabilia on the market is fraudulent
  • Art crime is the third highest-grossing type of crime

With its unique blend of innovative forensic technology, advanced data analytics and collection management, FACT is primed to capitalize on this market opportunity and provide a wealth of solutions to art collectors worldwide.

The company is also strategically positioned to capitalize on the recent growth in interest relating to NFTs. According to data from Statista, global transactions involving NFTs in 2020 were valued at $338.04 million, marking an increase of 138% over the previous year. In March 2021, Twitter CEO Jack Dorsey’s first tweet sold for roughly $2.9 million as an NFT, further highlighting the continued growth of the space.

Management Team

Patricia Trompeter is the newly appointed CEO of FACT Inc. She has spent over 15 years in the financial services industry working with GE Capital. During her tenure with GE Capital, she held several positions, including CFO, operations leader, controller and M&A coordinator. Ms. Trompeter took a short break to focus on her philanthropic opportunities and family and afterward founded Webbs Hill Partners and Ceres Capital Holdings. She holds a B.S. in Finance and Economics and Management Information Systems from Marquette University.

Michael Arbach is the company’s CIO. He has over 17 years of experience working with business-oriented software and a track record of building high-performance solutions for top-tier companies. Code written by Mr. Arbach has processed millions of dollars in securities transactions. Today, some of the biggest banks and organizations rely on his software. Mr. Arbach is also an early blockchain developer and investor. He holds degrees in Applied Mathematics and Computer Science and is fluent in four languages.

For more information, visit the company’s website at www.FactSecured.com.

NOTE TO INVESTORS: The latest news and updates relating to FCTI are available in the company’s newsroom at https://nnw.fm/FCTI

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

United Medical Equipment Business Solutions Network Inc. Positioned to Assist as Widespread Rapid Testing Gains Momentum

 

  • New York City ramps up rapid testing efforts, opens 11 rapid-testing sites; others to follow
  • Mayor notes that low-cost, rapid-testing made available to public is key to accelerating economy’s re-opening
  • UME offers rapid -testing kits, provides products and services essential for curbing pandemic and jumpstarting economic recovery

United Medical Equipment Business Solutions Network (“UME”), a trusted supplier of COVID-19 antigen and antibody testing kits, is offering a key product that could impede the spread of the virus and speed up economic recovery. A top U.S. testing official announced a scale-up in the country’s diagnostic efforts, touting both health and economic benefits of rapid testing outside the lab. New York City is wasting no time to leverage the power of this low-cost, high-impact option as the city has announced the launch of its Forward Rapid-Test Program (https://nnw.fm/XWyxR).

The program will make low-cost rapid testing available to the broader public to support economic recovery by enabling businesses to more safely re-open. The city has initially announced that 11 sites will open with the capacity to conduct more than 5,000 tests every day. Additional locations are planned across the city and other parts of the state in the coming weeks.

State officials have noted that testing will be a key part of New York’s post-pandemic recovery because it will help the state accelerate the re-opening of its economy. Testing sites have been situated throughout the city to encourage and support economic activity while minimizing risks to people’s health.

The widespread rapid testing is being rolled out in other countries too. The UK government is also looking at introducing rapid lateral-flow testing to open the parts of the economy that could not open last year, including night clubs and theaters. “That [rapid testing], in combination with vaccination, will probably be the route forward,” said UK Prime Minister Boris Johnson (https://nnw.fm/vEBnc).

As a company committed to providing essential products and services during the pandemic, UME is a trusted supplier of FDA-approved COVID-19 rapid test kits (https://nnw.fm/CksPV). The rapid test is designed to detect coronavirus antibodies in the bloodstream of infected individuals within 10 minutes, which helps position the company at the core of the strategy to bring both economy and society back to normal. The test can also help identify whether a person has protection against the coronavirus.

Finally, UME also offers a unique mobile solution that involves on-call onsite COVID-19 Rapid Testing Mobile units. These units involve mobile testing specialists and experienced medical staff members who provide onsite COVID-19 rapid testing. Capable of nationwide deployment for extended periods, they are especially beneficial for securing employee safety. With an offering deemed essential during the pandemic, UME is well-positioned as an all-around provider of highly-sought-after products and services that may prove crucial for getting the society and economy back to normal.

For more information, visit the company’s website at www.UnitedMedSolutions.com.

NOTE TO INVESTORS: The latest news and updates relating to United Medical Equipment are available in the company’s newsroom at https://nnw.fm/UnitedMed

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.

Green Hygienics Holdings Inc. (GRYN) Embracing Momentum, Set to Come Out on Top

 

  • “Cannabis manufacturers that ignore the obvious progression toward an FDA-like industry will not survive the long game,” writes industry expert
  • GRYN farm and facilities have already gained USDA Organic certification, FDA registration
  • Green Hygienics ideally positioned to innovate, drive new commercial products entirely compliant to USDA and FDA regulatory requirements

As government entities more closely analyze cannabis and the federal regulations that surround the industry, savvy companies such as Green Hygienics (OTCQB: GRYN) are already working to position themselves to offer safe, high-quality products and services. Anticipating what future regulations might look like — and working to meet those guidelines right now — is a hallmark of GRYN.

“Cannabis manufacturers that ignore the obvious progression toward an FDA-like industry will not survive the long game,” writes Kathleen May, a regulatory professional with more than two decades of experience in the Good Manufacturing Practice space, in a recent “Cannabis Industry Journal” article (https://nnw.fm/fzhwv). “Those that embrace the momentum and properly plan to mitigate product and business risk — those who demonstrate integrity and are truly in this space to ensure safe, effective and quality products to consumers will come out on top, gain credibility and secure brand recognition.”

Strategic planning and a long-running commitment to quality are hallmarks of Green Hygienics. The company has a track record of working to obtain significant government approvals and certifications. In April 2020, Green Hygienics received USDA Organic Certification for its 824-acre farm, which includes 400,000 square feet of greenhouse space (https://nnw.fm/cryH4).

The USDA Organic seal is one of the most recognized certifications among U.S. consumers and provides assurance to consumers who may be concerned about the safety of CBD products. In addition to assuring that no synthetic fertilizers, pesticides or herbicides have been used in the cultivation of hemp, the USDA organic certification ensures that farmers are using tillage and cultivation practices that maintain or improve the condition of soil and minimize soil erosion through crop rotations, cover crops and the application of plant and animal materials.

“GRYN owns the largest single, USDA Organic-Certified Industrial Hemp for CBD farms in North America,” said GRYN CEO Ron Loudoun. “Having the capacity to provide a secure supply chain of considerable size is a very significant and a clear strategic advantage. . . . This is a great milestone to have achieved. The demand for organic product is growing rapidly with increasing consumer concerns around product efficacy. USDA Organic Certification is the foundation in our objective to supply the underserved medical and pharmaceutical industry.”

In October 2020, Green Hygienics announced that it was registered with the U.S. Food and Drug Administration pursuant to the Federal Food Drug and Cosmetic Act, as amended by the Bioterrorism Act of 2002 (https://nnw.fm/foQv1).

“The achievement of FDA registration strengthens our company’s core mission to provide product efficacy to the pharmaceutical industry and consumers alike,” said GRYN chief scientific officer Dr. Levan Darjania. “The company is well positioned to instill consumer confidence and change the landscape of the industry by bringing safe and consistent products to market. With our previously announced USDA Organic Certification and FDA Facility Registration, we are well positioned to continue to innovate through the research our teams are involved in and drive new commercial products entirely compliant to USDA and FDA regulatory requirements.”

Clearly Green Hygienics is positioned to come out on top. The California-based, innovative, technology-driven enterprise is focused on the high standard cultivation and processing of industrial hemp and manufacturing of pharmaceutical-grade bioactive cannabinoids. The company aims to be a leader in compliance and capabilities in the hemp and cannabinoid supply marketplace. By leveraging state-of-the-art technologies, GRYN intends to open up a whole new world of novel cannabinoids and targeted bio-delivery technologies never before explored, thus solving the issues of stability, pharmacokinetics, biological tissue penetration and bioavailability.

For more information, visit the company’s website at www.GreenHygienics.com.

NOTE TO INVESTORS: The latest news and updates relating to GRYN are available in the company’s newsroom at http://nnw.fm/GRYN

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)

For more information, please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

NetworkNewsWire is part of the InvestorBrandNetwork.