Khiron Life Sciences Corp. (TSX.V: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC) Poised to Be a Global Medical Cannabis Frontrunner

 Khiron Life Sciences (TSX.V: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC) (“Khiron” or the “Company”) is a vertically integrated cannabis leader with core operations in Latin America and Europe. The company trusts in the vast benefits of medical cannabis and is committed to improving the life quality of patients and consumers through the applied use of cannabis and technology.

Khiron is licensed in Colombia for the cultivation, production, domestic distribution, and international export of both low and high THC medical cannabis products, having achieved first sales in March 2020 and medical cannabis insurance coverage in December 2020. Additionally, the Company has commenced medical cannabis sales in the United Kingdom, Peru, and Germany, with Mexico and Brazil also anticipated this year. Khiron operates six wholly owned health centres in Colombia, where it completed more than 100,000 patient transactions in 2020. The Company is currently expanding patient access in Latin America through satellite clinics, with plans to accelerate growth in Europe by leveraging assets developed in Colombia, including clinical IP, genetics, and data.

Khiron has successfully exported its registered cannabis strains, in the form of live clones, from Colombia to Europe. This significant milestone represents the first shipment of medical cannabis live plant material to Europe from Colombia and is expected to accelerate access to European markets.

Tejinder Virk (Khiron’s European Managing Director and President) explains the process of certifying the company’s cannabis strains for export to Europe by way of clones:

“A clone is a cannabis plant that is a genetic copy of a mother plant. These clones were cut from our THC and CBD bearing mother plants in Colombia, which are used to make medicines for thousands of our patients in Latin America (over 10,000 prescriptions to date and growing quickly!). Europe has a population of nearly 748 million people and there is enormous patient need for cannabis-based medicines. However, doctors in Europe need solid clinical evidence to confidently prescribe medical cannabis for ailments such as pain, sleep or anxiety. By replicating our Colombian magistrals as EU GMP certified medicines, we aim to provide European doctors with practical clinical evidence from Colombia. This will also help ensure European patients get safe and efficacious treatment. The achievement demonstrates our global regulatory leadership and ability to export our intellectual property to other markets.”

As the management team executes its growth strategy throughout the United Kingdom and Germany by introducing branded extracts and dried flower products, Khiron continues to validate its patient-centric strategy with over 13,000 prescriptions written to date amid plans to reach 1 million patients and consumers by 2024.

Most recently, the first shipment of Khiron-branded EU-GMP certified cannabinoid-based medicine was successfully completed, providing immediate access to the German market through Khiron’s distribution partner, Nimbus Health GmbH, a leading EU-GMP/GDP certified medical cannabis distributor in Germany, with a network of over 300 pharmacies. Khiron teams continue to educate physicians with plans to leverage clinical evidence from both the UK and Colombia. This major milestone represents a new revenue stream for Khiron and positions Khiron’s European team to execute on its German medical strategy.

As a revolutionary, patient-focused, global leader of medical cannabis from Latin America, Khiron offers products that are manufactured in GMP-GEP compliant facilities in Colombia and are standardized and stabilized according to the U.S. Pharmacopeia analytics standard (USP42). Khiron believes, with its extremely skilled management team, that the company will be a frontrunner in the global medical cannabis market, which is expected to reach $44 billion by 2024 (https://ibn.fm/WnVpJ) and $84 billion by 2028 (https://ibn.fm/zqm2Z).

About QualityStocks

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QualityStocksNewsBreaks – Gage Cannabis Co. Hosting Webinar to Discuss Public Listing, Provide Corporate Update

 Gage Growth Corp. (d.b.a. Gage Cannabis), a company committed to innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan, will be presenting a live webinar on April 1, 2021, at 4 p.m. ET. Hosted by Gage president and director Fabian Monaco, the webinar will include a company overview in preparation for Gage’s go-public listing.

To register for the presentation, visit https://ibn.fm/LbOBT    

About Gage Cannabis Co.

Gage Cannabis is innovating and curating the highest-quality cannabis experiences possible for cannabis consumers in the state of Michigan and bringing internationally renowned brands to market. Through years of progressive industry experience, the firm’s founding partners have successfully built and grown operations with federal and state licenses, including cultivation, processing and retail locations. Gage’s portfolio includes city and state approvals for 19 Class C cultivation licenses, three processing licenses and 12 provisioning centers (dispensaries). For more information, visit the company website at www.GageUSA.com.   

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – The Alkaline Water Company Inc. (NASDAQ: WTER) (CSE: WTER) Enters Strategic Alliance to Further Accelerate Regional Growth

 The Alkaline Water Company (NASDAQ: WTER) (CSE: WTER), the nation’s largest independent alkaline water company, today announced its recent partnership with JOH Brokers (“JOH”). JOH will carry the full line of Alkaline88 water products and will, in addition to key partnerships with other leading sales agencies, serve an important part of WTER’s aggressive strategy to expand its footprint in 2021. “We are thrilled to announce our alliance with JOH. With many of the leading retail stores in the regions like Shoprite, Shaw’s, Walmart and CVS already selling our brands, the new JOH partnership will further accelerate our regional growth. Their expertise in grocery, specialty retail, drug and other retailers will be an invaluable asset to our brands’ continued speed to market. We hope to take advantage of some of the disruption that has recently occurred in our space,” said Richard Wright, president and CEO of The Alkaline Water Company. “With over 60 million people in the Northeast and Mid Atlantic Regions, we needed to engage one of the strongest brokers in the country. JOH will open many doors for the Alkaline88 brand, which will help us continue to maintain our leadership position as the country’s largest independent alkaline water company. We believe our combined entrepreneurial spirit offers us both a tremendous opportunity to dominate this market with our smooth and delicious waters.”

To view the full press release, visit https://ibn.fm/9Fqgk

About The Alkaline Water Company

Founded in 2012, The Alkaline Water Company is headquartered in Scottsdale, Arizona. Its flagship product, Alkaline88(R), is a leading premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. With its innovative, state-of-the-art proprietary electrolysis process, Alkaline88 delivers perfect 8.8 pH-balanced alkaline drinking water with trace minerals and electrolytes and boasts its trademarked label: Clean Beverage. Quickly being recognized as a growing lifestyle brand, Alkaline88 launched A88 Infused(TM) in 2019 to meet consumer demand for flavor-infused products. A88 Infused flavored water is available in six unique, all-natural flavors with new flavors coming soon. Additionally, in 2020, the company launched A88 Infused Beverage Division Inc., which includes the company’s CBD water and flavor-infused water. For the company’s topical and ingestible offerings, A88 Infused Products Inc. includes both the company’s lab-tested, full-spectrum hemp salves, balms, lotions, essential oils, and bath salts, along with broad-spectrum hemp, powder packs, oil tinctures, capsules, and gummies. To purchase A88CBD(TM) products online, visit www.A88CBD.com. To learn more about the company, visit www.TheAlkalineWaterCo.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – PowerBand Solutions Inc. (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA) Appoints Senior Exec to Lead Key Component of DRIVRZ(TM) Virtual Marketplace

 PowerBand Solutions (TSXV: PBX) (OTCQB: PWWBF) (Frankfurt: 1ZVA), an innovative automotive fintech leader providing digital and virtual platform solutions to buy, sell, trade, lease or finance vehicles to consumers, dealers and OEMs, today announced the appointment of Craig Vaughn as president of MUSA Auto Finance (“MUSA”). MUSA is the lending and leasing component of PowerBand’s DRIVRZ(TM) virtual marketplace, where leases can be approved for automotive dealers and drivers in seconds. Vaughn brings senior executive experience leading national and regional variable and fixed operations for public and private organizations, including Asbury Automotive, a Fortune 500 retailer. “We are extremely pleased Craig is leading this key component of the DRIVRZ(TM),” said Kelly Jennings, CEO of PowerBand. “His contributions will maximize our ability to capitalize on many opportunities that the PowerBand organization has in North America and eventually other global markets. He brings an enviable wealth of knowledge and experience in the automotive, consumer, finance and warranty sectors. We are looking forward to his leadership as a key factor in our continued development and success of DRIVRZ(TM) and PowerBand.”

To view the full press release, visit https://ibn.fm/UmWu4

About PowerBand Solutions Inc.

PowerBand Solutions, listed on the TSX Venture Exchange and the OTCQB markets, is a fintech provider disrupting the automotive industry. PowerBand’s integrated, cloud-based platform facilitates transactions amongst consumers, dealers, funders and manufacturers (“OEMs”). It enables them to buy, sell, trade, finance, and lease new and used, electric- and non-electric vehicles, on smart phones or any other online digital devices, from any location. PowerBand’s transaction platform – DRIVRZ(TM) – will be available across North American and global markets. For more information, visit www.PowerBandSolutions.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
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www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

Mohawk Group Holdings Inc. (NASDAQ: MWK) Reports Impressive Full-Year Results on the Back of Strategic Acquisitions

 

• Mohawk Group Holdings Inc. reported a 62.3% increase in its 2020 revenue compared to 2019
• It earned a revenue of $185.7 million, and its earnings guidance show that this figure will grow by a further 88% to 105% in 2021
• This growth is thanks to the company’s acquisition strategy, which has expanded its list of brands to eleven and it is still targeting more companies
• The acquisition strategy is, however, problematic in a few ways

Mohawk Group Holdings (NASDAQ: MWK) finished the financial year ended December 31, 2020, on a high note reporting $185.7 million in revenue, an increase of 62.3% or $71.3 million compared to a similar period in 2019, backed by an impressive fourth-quarter performance, which included improved profitability, strong growth in sales and revenue, and boosted guidance, as highlighted in a recent Motley Fool article titled “Mohawk Just Wrapped Up a Perfect 2020” (https://ibn.fm/fl95B).

This 62.3% revenue increase marked a consistent trend year-on-year for the two most recent reporting periods, given that it reported a growth in revenue of 56.2% in 2019 compared to 2018. Notably, this upward trajectory is likely to continue as its earnings guidance for 2021 indicates that the revenue will grow by between 88% and 105%, buoyed by potential mergers and acquisitions.

“We are currently evaluating a strong pipeline of potential M&A targets that in total have trailing twelve month’s net revenue of $522 million and trailing twelve month’s EBITDA of $97 million,” said co-founder and chief executive officer Yaniv Sarig during the release of the 2020 annual report (https://ibn.fm/Z4eJ7).

The acquisition strategy, which Mohawk uses only if it believes purchasing a brand is more advantageous than developing its own brands and products, has grown its portfolio to 11 brands that sell products in multiple categories and based on Yaniv’s assertions, it is unlikely to be discontinued.

In Q4 of 2020 alone, for example, Mohawk Group spent more than $100 million in cash and stock to purchase five separate e-commerce brands, including $48 million on Healing Solutions, which owns an extensive essential oils and wellness portfolio. However, the strategy has a few issues and limitations.

To shareholders, the dilution of shares is inevitable, as Mohawk usually acquires companies using cash and some of its stock. Secondly, new additions could potentially disrupt the company’s core operations and adversely affect its operating results as a result.

Thirdly, the impacts of these newly acquired companies on the company’s profitability are not immediate. And this is made clear by looking at the company’s 10-K filing with the SEC. According to the report, Mohawk reported a net loss of $63.1 million, down from $58.8 million in 2019 (https://ibn.fm/zMiqm). This is due, in part, to how the acquisition works.

“Once it acquires a brand, the brand typically runs at a loss until its products generate enough ratings and reviews to sell organically” (https://ibn.fm/CSYSH). This is on top of the fact that high competition on the e-commerce platforms could again reduce MWK’s chances of realizing any profits from the products and brands. Fortunately, to deal with such problems, Mohawk could rely on its proprietary AIMEE platform.

AIMEE allows MWK to identify product and market opportunities and to execute and manage online marketing strategies. Additionally, it enables the company to increase its products’ and brands’ value propositions by relying on data-driven approaches applicable throughout the entire consumer product value chain. The company believes that by scaling AIMEE, it will gain “purchasing power both at the product level and at the overall fulfillment level,” which will improve its operating results, per its 10-K filing.

Although the company’s profitability depends on a few factors that the company may not immediately control, Mohawk is focused on providing shareholder value through other avenues, including more acquisitions and the improvement of its AIMEE platform. Based on the earnings guidance, 2021 looks set to be an equally impressive year for Mohawk.

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

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

About QualityStocks

QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Kaival Brands Innovations Group Inc. (KAVL) Eyes Ample Opportunity in New International Markets

 Kaival Brands (OTCQB: KAVL) today announced that Bidi Vapor LLC, the manufacturer of the products for which Kaival Brands acts as the exclusive global distributor, successfully completed the regulatory process to enter four new, significant markets. Bidi Vapor’s primary offering, the BIDI (R) Stick, intended exclusively for adults 21 and over, is the fastest-growing, disposable electronic nicotine delivery system (“ENDS”) in the United States. The tamper-resistant BIDI (R) Stick is also the only ENDS on the market with an ecologically friendly, mass-recycling program called Bidi (R) Cares, and is the subject of a comprehensive Premarket Tobacco Product Application (“PMTA”) now under review with the U.S. Food and Drug Administration (“FDA”). “We believe the BIDI (R) Stick will be a welcomed entry into the U.K. market as long-time adult cigarette smokers look to transition to ENDS products,” said Kaival Brands’ Chief Executive Officer, Niraj Patel Patel, who is also president and CEO of Bidi Vapor. “While the VOXPO conference is our first international show, we anticipate participating in similar events in Australia, New Zealand and Russia. We see ample opportunity in these new markets, as the success we’ve seen in the United States shows us that once consumers discover an e-cigarette that can provide them a consistent, premium experience, they will welcome the option.”

To view the full press release, visit https://ibn.fm/srVRc

About Kaival Brands Innovations Group Inc.

Based in Grant, Florida, Kaival Brands is a company focused on growing and incubating innovative and profitable products into mature and dominant brands in their respective markets. The company’s vision is to develop internally, acquire, own, or exclusively distribute these innovative products and grow each into dominant market-share brands with superior quality and recognizable innovation. Kaival Brands is the exclusive global distributor of all products manufactured by Bidi Vapor LLC. For more information about the company, visit www.KaivalBrands.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php

QualityStocksNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29) Selected by Research Institute to Host Seminars on VXP Platform

 Nextech (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for eCommerce, education, advertising, conferences and events, has inked a three-year deal with The Broad Institute of MIT and Harvard. Under the agreement, Nextech will host over a dozen seminars through its Virtual Experience Platform. An article detailing the announcement notes that the research institution “selected Nextech AR’s Virtual Experience Platform (‘VXP’) to host over a dozen seminars for its work on the human cell called ‘The Human Cell Atlas,’ comprehensive reference maps of all human cells – the fundamental units of life – as a basis for both understanding human health and diagnosing, monitoring and treating disease. Evan Gappelberg, CEO of Nextech, comments, ‘This contract with the Broad Institute of MIT and Harvard is extremely gratifying and a testament to how our platforms continually are being selected by the best-in-class.’”

To view the full article, visit https://ibn.fm/ugNZg

About Nextech AR Solutions Corp.

Nextech is one of the leaders in the rapidly growing augmented reality market estimated to grow from $10.7 billion in 2019 and projected to reach $72.7 billion by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024. The company is pursuing four verticals: Virtual Experience Platform (“VXP”), an advanced augmented reality and video learning experience platform for events; ARitize(TM) for eCommerce; ARitize 3D/AR advertising platform, the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads; and ARitize Hollywood Studios, a project that produces immersive content using 360 video and augmented reality as the primary display platform. For more information about the company, visit www.NextechAR.com.

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

About QualityStocksNewsBreaks

QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.

QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com

Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php