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Tuesday, January 4, 2022

Eat Well Investment Group Inc. (CSE: EWG) (OTC: EWGFF) Appoints Seasoned CPG Veteran Marc Aneed as CEO as It Focuses on Driving Shareholder Value into 2022

Eat Well Investment Group has appointed Marc Aneed, the current President and Director, as its new CEO
Mr. Aneed has over 20 years’ experience in the consumer-packaged goods (“CPG”) space, having worked on and launched multiple successful consumer products at The Quaker Oats Company and Glanbia PLC
Eat Well, a company that combines the best of agribusiness, food tech, and consumer goods, is building a platform that covers all the segments of the supply chain
The company expects to leverage the guidance from its management and advisory team to grow through acquisitions, the launch of new products, expanded contracts, and more

Fully-integrated seed-to-market company Eat Well Investment Group (CSE: EWG) (OTC: EWGFF) recently appointed the current President and Director, Marc Aneed, as its new Chief Executive Officer (“CEO”), taking over from David Doherty who has retired (https://nnw.fm/UVnzl).

An award-winning natural/wellness consumer products expert with 20 years’ experience, Mr. Aneed has previously worked at The Quaker Oats Company, a PepsiCo (NASDAQ: PEP) company, and Glanbia PLC, a global nutrition company.

At The Quaker Oats Company, where he started his career, Mr. Aneed worked on iconic brands such as Gatorade and more. At Glanbia PLC, where he worked before joining Eat Well, Mr. Aneed led Amazing Grass, a leading plant nutrition and supplement company boasting over $100 million in retail sales, as well as Optimum Nutrition and Isopure, Glanbia’s Sports Nutrition brands in North America. In addition, he launched multiple successful consumer products resulting in collective retail sales of over $1 billion. He has also worked on numerous M&A transactions with a total value of more than $400 million.

Mr. Aneed’s appointment dovetails with the company’s strategy of leveraging the expertise and experience of the management and leadership team to achieve success within the burgeoning plant-based foods market. During an October 2021 interview with TraderTV Live (https://nnw.fm/R1idz), (https://ibn.fm/AGp0C), Mr. Aneed noted that the leadership team, which has cumulative experience spanning over 100 years, has been instrumental in the company’s journey toward quick profitability despite being a relatively new company – Eat Well is projecting CA$60 million in final revenue for 2021.

Moving forward, the company expects to continue capitalizing on the guidance provided by its advisory and management team to grow through the launch of new products, acquisitions, expanded contracts with big CPG brands that will extend its global reach, and more.

“We know as a management team how to prioritize the right sorts of investments. We look at top-line revenue that’s real, that’s got use cases and velocity, and is underpinned by great gross margins. We’re not new to this space… We have a lot of the right people in our team, and… we’re bringing a lot of global leaders into this ecosystem of ours,” commented Marc.

Operating in the agribusiness, food tech, and consumer goods segments, Eat Well is building a platform covering the downstream, midstream, and upstream stages of the supply chain. This holistic approach, Mr. Aneed says, matters “because supply security integrated with food tech all the way down through to retail is one of the very rare but most critical things to do in this space, and that’s what we are doing by design at Eat Well Group.”

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

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

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.

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Monday, January 3, 2022

Delic Holdings Corp. (CSE: DELC) (OTCQB: DELCF) CEO Joins Gamechangers LIVE Podcast; Shares Views on the Evolution of the Psychedelics Industry

Delic Corp is a leading psychedelic wellness platform with a business network which includes psychedelic wellness clinics, psilocybin research facilities, a famed psychedelic wellness event, and dedicated media and e-commerce platforms
Delic’s CEO, Matt Stang recently joined the Gamechangers LIVE podcast to share his perspective on the development of the psychedelic industry along with Delic’s commercial evolution

Delic Holdings (CSE: DELC) (OTCQB: DELCF), a leading psychedelic wellness platform committed to bringing science-backed benefits to its many stakeholders, has long been known for its role as a trailblazer of new medicines and treatments in the current environment. Its goal is to improve access to health benefits and reframe the conversation on psychedelics.

The company has sought to achieve its goals through its string of related businesses, which include Ketamine Wellness Centers, the largest chain of psychedelic wellness clinics in the country; Delic Labs, the sole entity currently licensed by Health Canada to focus exclusively on research and development of psilocybin vaporization technology; Meet Delic, the company’s eponymous psychedelic wellness event; as well as media and e-commerce platforms, Reality Sandwich, and Delic Radio.

Matt Stang, Co-founder and CEO of Delic Corp recently joined the Gamechangers LIVE podcast to share his perspective on the psychedelic industry and share insights into the evolution of Delic Corp into its current form (https://nnw.fm/2r0oM).

During the interview, Stang elaborated on his colorful background within the alternative drugs sector, a journey which began when he interned at High Times, a leading counterculture publication which would go on to become the voice for the cannabis industry.

“I started off as an intern. It’s one of those wonderful stories. I graduated from college and wrote a senior thesis on legalization of marijuana. My thesis was that, with the terrorist attacks of 9/11, we could bring conservatives on board to legalization with a ‘tax and regulate’ strategy,” Stang said. “I submitted it to a friend who was friends with the General Counsel. He read it, loved it, and asked me to come in and intern. So, a week after I graduated, I got an internship at High Times and worked my way up…”

Stang would ultimately go on to become the owner and operator of High Times, a position which he leveraged in his attempt to play a role in legalizing cannabis usage across several different states.

“Now, two-thirds or more of the country live under some form of cannabis legalization… The world is changing in front of our eyes. I think the same thing is happening with psychedelics, but on a greater level and federally legal, because you have the FDA reviewing favorable clinical data for multiple psychedelics right now,” he continued.

The movement to decriminalize psilocybin, the key active ingredient within psychedelic drugs, kicked off in earnest a few years ago, with Denver, Colorado becoming the first city to decriminalize psilocybin in May 2019. The cities of Oakland and Santa Cruz, California, followed suit and decriminalized psilocybin in June 2019 and January 2020, respectively (https://nnw.fm/MsjM4). However, the movement has gained further momentum in recent times, with the likes of actor Will Smith commenting on his use of ayahuasca (https://nnw.fm/XMXIl), and musician Lil Nas X saying he couldn’t have written the number one album of the year without gaining inspiration from a full-day mushroom trip alongside his producers (https://nnw.fm/XY6iK).

During the podcast, Stang also went on to elaborate on the beneficial nature of psychedelic drugs and its ability to effectively supplant traditional benzodiazepines.

“You’ve got tons of people stuck on Xanax or Percocet or all of these ‘maintenance’ drugs that don’t actually change you at all. You take them every day and, for the four to six hours that they’re active, you feel better. When they wear off, you feel worse,” Stang added. “With our internal data, the ketamine that we utilize is having somewhere between a 70-80% efficacy rate, meaning people are curative or better from using it for a certain period of time. With MDMA, they had a 77% rate. With psilocybin, it was closer to 80%.

The full podcast interview with Delic Corp Co-Founder and CEO, Matt Stang can be found here: https://youtu.be/QIF12RiuAOQ

For more information, visit the company’s website at www.DelicCorp.com and the Meet Delic conference website at www.MeetDelic.com.

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

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Flora Growth Corp. (NASDAQ: FLGC) Entering 2022 with Momentum from Sustainability Efforts and the Building of Global Distribution Channels

Flora Growth Corp. is a Canadian cannabis and wellness brand distributor operating from a cultivation base in central Colombia
The company’s focus on sustainability guides its efforts to market products that are beneficial to their local communities as well as the world at large
Market analysts predict 2022 will see the global CBD skin care market segment alone grow with a CAGR of 24.8 percent
The COVID-19 pandemic is continuing to drive expansion of online retail that affects the cosmetics sector as well as clothing, groceries and other avenues that may include the more-than-190 cannabis-derivative products produced by Flora Growth

Plant-based wellness and lifestyle collective Flora Growth (NASDAQ: FLGC) is entering 2022 with momentum from the past year’s aggressive growth campaign for its global cannabis-derivative brand distribution of pharmaceuticals, cosmetics and nutraceuticals.

While industry news has largely focused on M&A activity and questions about when the United States may grant federal legalization of cannabidiol (“CBD”) following the advance and then defeat of supportive banking measures in 2021, Canada-based Flora has been completing agreements with partners in numerous countries to expand its verticals from their cultivation origins in central Colombia.

The COVID-19 pandemic has had a deleterious effect on the global sustainability agenda. An oil price crash made petroleum sources more attractive than alt fuels, the supply and demand of commodities faced challenges that drove price volatility, and seasonal reduction of infection levels has produced a renewed spike in environmental pollution (https://nnw.fm/aRZ69).

Flora Growth has prioritized value-chain sustainability among each of its brands, acting at a local level to establish products that will have a beneficial effect on communities and the world at large under its guiding principles.

Flora’s core product, organic cannabis oil, comes from an inherently natural and sustainable process at the company’s cultivation site in central Colombia, where all-outdoor production is fueled by 12.5 hours of natural sunlight per day and natural water springs. A pesticide-free agronomic management system tailored to the area’s climate and condition further ensures a natural quality to the products.

The Cosechemos Cultivation Facility includes a research and development lab set on a 100-hectare (247-acre) property. The company recently began filling the initial orders for its Mind Naturals and Awe CBD skincare brands in Spain and Mexico (https://nnw.fm/bp8oh). They expect to begin a distribution of medical cannabis products throughout Europe during the coming year thanks to a pathway established through an investment program with European Union GMP partner Hoshi International Inc. (https://nnw.fm/iR7Cq).

European and Latin American markets for cannabis-derivative products are growing, and analysts at Allied Market Research issued a forecast shortly before Christmas that envisages the global CBD skin care market segment alone to grow from $633.6 million in 2018 to $3.48 billion by 2026 with a CAGR of 24.8 percent (https://nnw.fm/4uDAA).

“After months of preparation, our products meet all the needs of today’s consumers, and we are ready for new international markets. … Incorporating cutting edge formulations, rigorous safety standards and sustainable packaging, we are confident that our products are positioned to be among the best in the beauty industry,” Flora Beauty General Manager Andrew Restrepo stated when the Mind Naturals and Awe CBD orders were announced.

The advance of Flora’s cosmetic brands builds on e-commerce agreements with SHOWFIELDS and GlossWire’s digital beauty marketplace, which were established in October. The Allied Market Research report anticipates growth in the e-commerce segment with a CAGR of 27.4 percent by 2026 as consumers increasingly turn to online access and distribution portals to receive products at their doorsteps.

Forbes predicts that 2022 will “bring a digital revolution to retail” as department stores, chain stores and even grocery retailers see spiking sales figures in their internet sales, and CBD-based cosmetics are expected to ride that trend (https://nnw.fm/TdP4z).

For more information, visit the company’s website at www.FloraGrowth.ca.

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

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 40+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire 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 solutions to ensure maximum impact; (4) social media distribution via IBN millions of social media followers; and (5) a full array of corporate communications solutions. 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 comprising 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.

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Friendable Inc. (FDBL) CEO Robert A. Rositano Jr. Shares Backstory, Path to Fan Pass Live and Lessons Learned

In an interview with Authority Magazine’s Charlie Katz, Rositano Jr. discussed the early years of the Fan Pass Live artist platform and how he and his brother (and business partner) found their niche with music and entertainment
The interview includes an in-depth look at Rositano Jr.’s approach and unique business model, as well as what his role as CEO of Friendable and Fan Pass implies
Rositano Jr. also offered valuable tips and advice for budding entrepreneurs, including the things he wished he knew before he ever became a founder

In a recent interview conducted by Charlie Katz for Authority Magazine, Robert A. Rositano Jr., co-founder, and CEO of mobile technology and marketing company Friendable (OTC: FDBL), added his story to the ongoing “5 Things I Wish Someone Told Me Before I Became A Founder” series (https://nnw.fm/MAQwx). Authority Magazine offers in-depth interviews with those who hold “authority” in industries such as business, pop culture, wellness, tech, and more. Katz is the Executive Creative Director at Bitbean Software Development.

In his role as the CEO, Rositano Jr. described what it is like to be an executive for the Fan Pass Live streaming platform and how it differs from other executives within the company’s infrastructure. During the interview, he summed up his role as one that requires him to “wear many hats, always staying in front of the operations and actionable items that need to happen daily, yet being hands-on enough to ensure they are being executed.”

Rositano Jr. broke down his role into seven different bullet points:

Providing customers, investors, and shareholders the painted picture and projection of the company’s vision
Always seeking out new partners and opportunities
Screening new ideas and concepts within team members that help to spark testing and creativity for the platform
Being in charge of fundraising and capital raising efforts
Driving new initiatives for revenue generation
Reviewing, monitoring, and adjusting the company’s budget and spending continually
Keeping track and monitoring the results

After the two discussed his role as CEO within the company, the true nature of the interview is addressed – the “5 Things I Wish Someone Told Me Before I Started.” Here is a highlight of what Rositano Jr. said in response to the question:

Projections are only projections – don’t begin your business on an idea (or conjectures)
The industry is not going to go as fast as you want it to – it’s a process
Always add a week of lead time to everything – even if your attorney tells you “tomorrow”
Keep testing (start with small audiences) and keep improving until it works
Don’t try to accomplish everything before you launch – you will never get off the ground

Rositano Jr. began the interview by discussing his backstory, underlining how his love of music was only the start of his passion for the music industry. It all began when he was a teenager, and his brother (and business partner) Dean Rositano formed a band in middle school. Rositano Jr. was involved in small productions, performances, and even accompanied the band to venues along the Sunset Strip in Hollywood – all before any of the members reached their 18th birthday. It was this experience that deeply instilled a love for the industry and reaffirmed that he and his brother would always have music or entertainment in their career, “no matter what.”

The Fan Pass CEO also talked about how this passion for music and the industry as a whole which led to the creation of the Fan Pass platform and its focus on increasing artists’ revenue-generating opportunities while giving fans better and more affordable access to the artists they love. “We understood the amount of lost revenue each artist has, simply based on a limited number of fans who can afford or be in a particular city to attend a backstage meet & greet,” he explained.

So the Rositanos approached these artists with the Fan Pass Live invention as some sort of “fly on the wall” for backstage experiences and livestream content that fans could view right from the palm of their hands/mobile device. “The concept was sound, the artists loved it and it was envisioned as a $2.99 monthly subscription (about the cost of a few songs from your favorite artist) this would create an entirely new revenue stream, as Fan Pass would be sharing a portion of the $2.99 with each artist on a recurring monthly basis,” Rositano Jr. said.

Toward the conclusion of the interview, Rositano Jr. was asked about his favorite life lesson quote – “If you don’t quit… you can’t fail.” This quote has held true in many aspects of Robert’s business ventures. His lesson was learned when he was essentially sold short in his sale of “America’s Biggest,” which could have caused the company to fail – but here Friendable stands today, offering the Fan Pass artist streaming platform to help budding musicians and the fans that follow them have a universal stage to interact and showcase talent.

For more information, visit the company’s websites at www.Friendable.com or www.FanPassLive.com.

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

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FingerMotion Inc. (NASDAQ: FNGR) Becomes the Latest Tech Company Listed on the NASDAQ Capital Market

FingerMotion received approval for its application for NASDAQ up-listing, and commenced trading on Tuesday, December 28, 2021, under the company’s current trading symbol, “FNGR”
The approval marks a key milestone for the company as it plans to execute an ambitious growth strategy for the 2022 calendar year
It marks FingerMotion’s second successful up-listing application with the first one (for the OTCQB Venture Marketplace) having gone through back in February 2019

FingerMotion (NASDAQ: FNGR) just announced listing its shares of common stocks on The Nasdaq Stock Market LLC (“Nasdaq”). The approval, which came on December 27, 2021, has seen FingerMotion become the latest technology company listed on the Nasdaq Capital Market, a move that offers the company great exposure within the investment community (https://nnw.fm/ldWpI).

FingerMotion’s listing marks a significant milestone, particularly as it seeks to execute its ambitious growth strategy for the 2022 calendar year.

While making the announcement, Martin Shen, the Chief Executive Officer (“CEO”) of FingerMotion, noted, “FingerMotion is very proud and excited to be joining the Nasdaq stock market as one of the newly listed technology companies.”

“We believe that listing on a senior stock exchange will create more value for our shareholders, allow us to expand our investor base, and provide the opportunity to gain greater visibility for our fast-growing Company within the U.S. financial community,” he added.

FingerMotion received its first upgrade back in February 2019 when it applied and got approval to trade on the OTCQB Venture Marketplace (https://nnw.fm/EmS6o). Then, in August 2021, the company submitted its application to be further up-listed on the Nasdaq Capital Market.

Nasdaq trading commenced on December 28, 2021, under the current trading symbol, “FNGR.”

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

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

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