Market Newsdesk

MONTCLAIR, N.J., April 05, 2021 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180”) today provided a preliminary update on its performance during the first quarter of 2021.  

“We are proud of the performance of our public investments during the first quarter of 2021,” said Kevin M. Rendino, Chief Executive Officer of 180. “Our preliminary +28% gross total return equates to an estimated increase in value of approximately +$16.6 million, or +1.60 per share. We ended the quarter with approximately $74.0 million in cash and securities of publicly traded companies, or $7.13 per share, an increase of approximately 24% from the end of 2020. We note that these results include a preliminary fair value of our restricted shares of common and convertible preferred stock (on a converted to common stock basis) of TheMaven, Inc. (MVEN) at $0.7869 per share versus the closing price of MVEN’s common stock on March 31, 2021, of $0.91 per share.”¹

“We have begun the process of valuing our privately held companies as of the end of Q1 2021,” continued Mr. Rendino. “As of December 31, 2020, our privately held portfolio was fair valued at $38.7 million. As we noted in our last shareholder call, we remain cautiously optimistic regarding the potential for monetization events in our private portfolio to occur in 2021. With the information available to us as of this release, and inclusive of normal levels of operating expenses and accruals for potential year-end bonuses, we believe the gains in our public portfolio will lead to an increase in our net asset value per share (NAV) as of March 31, 2021 from $9.28 as of December 31, 2021.”

“We also are pleased to note the preliminary gross total returns of our separately managed account in Q1 2021 of +20.7%, equivalent to an increase of $6.8 million,” added Daniel B. Wolfe, President of 180. “If the year ended today, we would receive approximately $2.0 million, or +$0.19 per share, in carried interest, and the preliminary net total return for the separately managed account would be +14.5%. We receive carried interest from this account annually and note that this carried interest is not included in our public portfolio performance, nor will it be included in our reported NAV as of the end of Q1 2021.”

Kevin Rendino concluded, “180 is off to a fantastic start to the year. We look forward to sharing our full results, as well as other notable updates, during our next quarterly conference call in May.”

About 180 Degree Capital Corp.

180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 and its holdings can be found on its website at www.180degreecapital.com.

Press Contact:
Daniel B. Wolfe
180 Degree Capital Corp.
[email protected]
973-746-4500

Forward-Looking Statements

This press release may contain statements of a forward-looking nature relating to future events. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. These statements reflect the Company’s current beliefs, and a number of important factors could cause actual results to differ materially from those expressed in this press release. Please see the Company’s securities filings filed with the Securities and Exchange Commission for a more detailed discussion of the risks and uncertainties associated with the Company’s business and other significant factors that could affect the Company’s actual results. Except as otherwise required by Federal securities laws, the Company undertakes no obligation to update or revise these forward-looking statements to reflect new events or uncertainties. The reference and link to the website www.180degreecapital.com has been provided as a convenience, and the information contained on such website is not incorporated by reference into this press release. 180 is not responsible for the contents of third-party websites.

¹ Gross total return calculation based on the closing prices on March 31, 2021, or time-based volume weighted prices per share, as applicable, for securities of publicly traded companies owned by 180. 180 is an internally managed registered closed-end fund that has a material portion of its assets in legacy privately held companies and certain restricted and/or unlisted securities of publicly traded companies that are fair valued on a quarterly basis by the Valuation Committee of its Board of Directors. This valuation process for the first quarter of 2021 has yet to be completed as of the date of this release, and thus valuations of these securities as presented in this release are preliminary and may change once final fair values are set. Past performance is not an indication of future results.

EMERYVILLE, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Today, Berkeley Lights, Inc. (Nasdaq: BLI), a leader in digital cell biology, announced the launch of Opto Assure, a series of assays that provides yield and product quality data at an earlier stage in cell line development. The first of the series enables direct detection of product aggregates, ensuring a faster ramp toward volume production by evaluating biotherapeutic protein quality sooner in the antibody therapeutic development process. With Opto Assure, customers can rapidly select clonal cell lines with favorable manufacturability profiles, leading to decreased scale-up costs and better downstream products.

Cell line development has become more challenging with the emergence of complex antibody therapeutic formats. These highly engineered proteins are prone to quality issues including aggregation, by-products, and post-translational modifications, which impact drug manufacturability, shelf life, and safety. Berkeley Lights enhances its technology leadership position in cell line development by going beyond titer assessment in the clone selection process. Opto Assure helps minimize risk of costly late stage failures by identifying clones early on that secrete product with high yield and desired quality.

“We’re excited to empower manufacturers of complex therapeutics, such as bispecifics, to develop better production cell lines faster. As we build out the Opto Assure series, customers can look forward to added capabilities that further reduce resources spent on preventing product failures downstream and ensure a more efficient process,” said John Proctor, Ph.D., SVP of Antibody Therapeutics at Berkeley Lights.

About Berkeley Lights

Berkeley Lights is a leading digital cell biology company focused on enabling and accelerating the rapid development and commercialization of biotherapeutics and other cell-based products for our customers. The Berkeley Lights Platform captures deep phenotypic, functional and genotypic information for thousands of single cells in parallel and can also deliver the live biology customers desire in the form of the best cells. Our platform is a fully integrated, end-to-end solution, comprising proprietary consumables, including our OptoSelect™ chips and reagent kits, advanced automation systems, and application software. We developed the Berkeley Lights Platform to provide the most advanced environment for rapid functional characterization of single cells at scale, the goal of which is to establish an industry standard for our customers throughout their cell-based product value chain.

Forward Looking Statement

To the extent that statements contained in this press release are not descriptions of historical facts regarding Berkeley Lights or its products, they are forward-looking statements reflecting the current beliefs and expectations of management. Such forward-looking statements involve substantial known and unknown risks and uncertainties that relate to future events, and actual results and product performance could differ significantly from those expressed or implied by the forward-looking statements. Berkeley Lights undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties relating to the Berkeley Lights Platform and Company workflows such as Opto Assure, including the ability to rapidly select clonal cell lines with favorable manufacturability profiles, to realize a faster ramp toward volume production, to de-risk scale-up, to reduce resources spent on preventing product failures downstream, and to improve downstream products, see the statements in the “Risk Factors” sections, and elsewhere, in our filings with the U.S. Securities and Exchange Commission.

The Berkeley Lights Platform and the Berkeley Lights’ Beacon^® and Lightning^™ systems and Culture Station^™ instrument are FOR RESEARCH USE ONLY. Not for use in diagnostic procedures.

Press Contact

[email protected]

Investor Contact

[email protected]

Cannabis Retailers and Brands Can Now Leverage BDSA’s Basket Analytics Data to Drive New Cross-sell and Upsell Opportunities to Accelerate Growth

BOULDER, Colo., April 05, 2021 (GLOBE NEWSWIRE) — BDSA, the leader in data, market intelligence and strategic guidance to the cannabis industry, announced today the availability of its new Basket Analytics solution, the most in-depth solution of its kind in the cannabis industry. BDSA Basket Analytics is now available on BDSA’s GreenEdge™ platform.

Retailers can maximize basket sizes and in-store experience via unique and strategic store layouts and planograms, positioning products most likely to be purchased together on shelves to encourage cross-sell and upsell opportunities. Further, retailers can unpack untapped promotional programs, educate their budtenders to increase basket size, and generate more consumer trips to the stores and higher basket sizes when in the store.

Manufacturers and brands can build strong retailer sales stories and relationships with quantitative proof of their brand’s value to a store. Further, they can drive successful innovation, better manage product portfolios, and create relevant and impactful marketing campaigns and promotions.

BDSA can now put specifics around how cross-brand and cross-category consumption translates to volume. Baskets containing concentrates in Colorado, for example, are among the biggest in dollar size. While concentrates tend to have a higher retail price, 20 percent of the time these shoppers are also buying flower and 14 percent of the time they are also buying edibles.

“Retailers are intently focused on increasing basket sizes and manufacturers must create and expand penetration within stores. Our new Basket Analytics solution with insights down to the brand level enables all cannabis industry participants to be more successful,” said Micah Tapman, CEO of BDSA. “More and better data enables manufacturers and retailers to make better informed decisions that lead to increased revenue, more effective promotions and enhanced market share. ”

BDSA solutions enable product development and innovation, sales and marketing activities, revenue optimization and investment decisions. Enhanced attribute coding and advanced forecasting algorithms combine to make BDSA’s market insights invaluable tools to review product attributes, velocity and distribution, and more.

About BDSA

BDSA helps businesses improve revenues, reduce innovation risk, and prioritize market expansion with accurate and actionable cannabis market intelligence, consumer research and strategic guidance. The company provides a holistic understanding of the cannabis market by generating insights from point-of-sale data, consumer research and market-wide industry projections. Retailers, manufacturers, brands, wholesalers and investors can now make better strategic decisions that drive profitability, increase revenues and market share, and reduce expenses. BDSA is headquartered in Boulder, Colorado. To learn more please visit www.bdsa.com.

Media Contact

Katie Parr
UPRAISE Marketing + PR for BDSA
415-397-7600
[email protected]

Tampa, Florida, April 05, 2021 (GLOBE NEWSWIRE) — Cancer informatics and digital pathology provider Inspirata looks forward to celebrating the 25^th annual National Cancer Registrars Week (NCRW) during the week of April 5^th, 2021. This year’s theme, “Cancer Registrars: The Driving Force of Cancer Data,” reflects the critical role cancer registrars play in capturing the data that informs cancer prevention and screening programs, treatment, and research.

Cancer registrars are data information specialists that collect and code patient-level data for cancer registries. The registries provide essential information to healthcare providers and health officials to better monitor and improve cancer treatment, conduct research, and target cancer prevention and screening programs.

“Quality cancer data is central to the nation’s fight against cancer, and cancer registrars are the first link in capturing that data. National Cancer Registrars Week provides an opportunity to acknowledge the central role registrars play. These health information professionals capture the data that guides the work of oncologists, researchers, and public health officials to ensure the best possible outcomes for cancer patients,” said NCRA president Nadine R. Walker, MS, CTR.

“Cancer registries are a hugely important but often underserviced component in the fight against cancer. We’re so proud to be able to work with the cancer registry community and tailor solutions to help simplify and improve the registry reporting process,” said Dr. Steve Keresztes, Vice President and Head of Oncology Informatics at Inspirata. “By working together, we can reduce the time it takes to achieve breakthroughs in cancer research and contribute to more informed population health decisions.”

As part of the activities during this week of recognition and appreciation, Inspirata invites all cancer registrars to take a couple of minutes to answer a short survey focused on measuring the impact automation has on streamlining the cancer case finding and reporting process. To participate, please visit Inspirata’s NCRW 2021 page at https://go.inspirata.com/ncrw2021.

 

About Inspirata:

Inspirata, Inc. helps patients fighting cancer—and the clinicians they trust—to make every moment matter. Our comprehensive cancer informatics solutions bring disparate data together throughout the entire cancer care journey to drive informed decisions that improve survivorship.

Inspirata has assembled the most advanced and proven technologies to address the complex challenges of delivering cancer care and conducting ground-breaking research. We combine leading digital pathology solutions with automated cancer registry solutions, comprehensive cancer informatics and advanced patient engagement tools to bring users the broadest oncology informatics platform available globally. To learn more, visit www.inspirata.com.

Inspirata Contact:

Emil Mladenov
Vice President of Corporate and Digital Marketing
E-mail: [email protected]
Tel: +1-813-467-7616

Emil Mladenov
Inspirata, Inc.
+1-813-467-7616
[email protected]

MONTREAL, April 05, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR) (NYSE: CNI) announced today that it moved 2.95 million metric tonnes (MMT) of western Canadian grain in March 2021, exceeding the previous record of 2.74 MMT set in 2020 and 19% ahead of the three-year average of 2.47 MMT. 

During the first quarter of 2021, and despite the extreme temperatures experienced over large parts of CN’s network in February, CN moved 8.2 MMT of Canadian grain, exceeding the previous first quarter record of 7.0 MMT established in 2017 and over 25% higher than the three-year average of 6.5 MMT.  So far, during the 2020-2021 crop year, CN has moved 22.7 MMT of Canadian grain. This is an increase of 19% compared to the previous year to-date record of 19.1 MMT established in the 2018-19 crop year.

Containerized grain shipments direct from western Canada are also on record pace, approaching 800,000 metric tonnes crop year to-date, in addition to the tonnage shipped from eastern Canada.

“Since the beginning of 2021, Canadian grain farmers, along with all of our supply chain partners, have worked closely with CN’s railroaders to deliver record grain performance despite the pandemic and the very difficult operating conditions we faced in February. We are proud of these record results as we also respond to record demand for the movement of other commodities, such as potash, overseas and domestic intermodal, forest products, and propane. I want to personally thank CN railroaders and our agri-food supply chain partners for successfully delivering another record month of grain movement while keeping pace with higher than previous year’s overall traffic levels on CN’s network”

– James Cairns, senior vice president, rail centric supply chain at CN.

CN’s continued ability to deliver record volumes is largely due to investments made by the railway over the past few years. Since 2018, CN has invested over $10B in track, safety enhancing technologies, locomotives, and railcars, including the purchase of over 2,500 new high capacity grain hopper cars. To find out more about CN’s commitment to grain please visit www.cn.ca/grain.

About CN

CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the U.S. South through a 19,500-mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship.

Contacts:

Media	Investment Community
Jonathan Abecassis	Paul Butcher
Senior Manager	Vice-President
Media Relations	Investor Relations
1-833-946-3342 [email protected]	(514) 399-0052 [email protected]

IRVINE, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Hooray Agency, a Southern California-based full-service marketing firm today announced three new key promotions, expanding its leadership bench across the agency’s creative, account and marketing teams. Eric Stein has been elevated to Chief Creative Officer, Randy Stuck has been named Executive Vice President and Katelyn Raman has taken on the role of Vice President, Marketing. This leadership expansion comes on the heels of growth for Hooray Agency, which was recently named AOR of Balboa Bay Resorts and The Guild Hotel, as well as embarked on a groundbreaking partnership with Resorts World Las Vegas, the most comprehensive and significant luxury integrated resort to open in Las Vegas in over 10 years. In addition, Hooray Agency refreshed its website, bringing a new look to its brand.

“Our incredible talent is what’s allowed Hooray Agency to thrive and grow, despite industry-wide challenges,” said Steven Seghers, CEO, Hooray Agency. “As we look to our next chapter, Eric, Randy and Katelyn bring an unparalleled set of skills and deep understanding of the hospitality and travel space that will allow us to grow and innovate. With these leaders at the helm, Hooray Agency will be impossible to ignore.”

Previously Creative Director at Hooray, Stein has stepped into the CCO role where he will oversee all creative work for the agency’s roster of clients including Resorts World Las Vegas, Starwood, Hyatt, Montage Hotels & Resorts and Salamander Hotels & Resorts. Prior to Hooray, Stein served as CCO of Neu Citizen and has held positions at DDB Chicago, Big Block Industry and Witness LLC Branding.

On the account side, Stuck has been integral to the growth of Hooray Agency. Previous to his EVP role, Stuck led Hooray’s account services and marketing efforts for over a decade, having launched its international search engine marketing (SEM) campaigns for Preferred Hotel Group, Historic Hotels Worldwide, Starwood Hotels & Resorts – Hawaii, Commune Hotels & Resorts, Broughton Hotels & Resorts, Salamander Hotels & Resorts, and Trump International, just to name a few. In his new position, Stuck will implement critical marketing initiatives to drive revenue, build localization efforts, improve local and global search engine optimization (SEO) results, integrated social media strategies, and provide integrated analytics packages to maximize results.

Raman is a hospitality marketing expert with over a decade of experience leading strategy for franchise and independent hotels. Raman stepped into the Vice President, Marketing role where she will oversee all of Hooray’s marketing efforts, including the social media department for the agency, implementing strategic approaches to underscore the key marketing goals. Raman also consults on marketing strategy across a variety of Hooray’s roster of clients. Previously, she was Director of Marketing for the agency and prior to joining Hooray, Raman worked with Starwood Hotels & Resorts and spent time as an independent marketing consultant.

About Hooray Agency

A Southern California-based full-service marketing firm, Hooray Agency specializes in omni-channel branding campaigns, marketing and advertising. The company’s ideas are expressed in myriad forms, via both traditional and emerging platforms – including websites, e-commerce systems, digital advertising and branded content, customized programming and a robust presence throughout social media. From its inception more than 25 years ago, Hooray’s approach to communications has been and remains global, crafting messaging that transcends international boundaries and resonates with cultures across more than sixty countries.

Media Contact:


Katie Burger
[email protected]

SAN CARLOS, Calif., April 05, 2021 (GLOBE NEWSWIRE) — Oportun (Nasdaq: OPRT), a financial services company that leverages its digital platform to provide hardworking people with responsible, affordable, and credit-building alternatives to payday and auto title loans, today published its 2020 Corporate Responsibility and Sustainability Report.

“In our first annual Corporate Responsibility and Sustainability Report, we have outlined our priorities around social impact, environmental performance, and governance, and we are proud of the positive impact we have had on the communities we serve and the company we have built,” said Oportun CEO, Raul Vazquez. “This includes donating at least 1 percent of our pretax income, equating to $2.6 million since 2016, to qualified nonprofits and directing more than 63 percent of our annual giving towards communities of color. We have also built a diverse and inclusive culture where the majority of our employees, along with every level of management, from front-line supervisors to the Board of Directors, identify as women or people of color.”

Highlights of the report include Oportun reducing its travel footprint by purchasing 2,861 tons of carbon offsets, saving 138,900 pounds of paper by switching to electronic signatures, and donating $250,000 to organizations providing aid to those impacted by the pandemic.

In recognition of its achievements, Oportun was named one of Fast Company’s Most Innovative Companies for 2020, a Certified Carbon Fighter by Cool Effect, a Bay Area News Group’s Top Workplace, and a TIME magazine Genius Company as one of 50 businesses inventing the future.

Click here to view the full report.

About Oportun

Oportun (Nasdaq: OPRT) is a financial services company that leverages its digital platform to provide responsible consumer credit to hardworking people. Using A.I.-driven models that are built on 15 years of proprietary customer insights and billions of unique data points, Oportun has extended more than 4 million loans and over $10 billion in affordable credit, providing its customers with alternatives to payday and auto title loans. In recognition of its responsibly designed products which help consumers build their credit history, Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

PRESS CONTACT

George Gonzalez
Director, Communications
[email protected]

 

• Purpose-built solution for healthcare providers streamlines telemedicine experience to help improve patient care
• BlueJeans Telehealth addresses two key challenges:
  • Tech Literacy: One click, download-free access to a video telehealth experience via mobile device or desktop to minimize technology complications
  • Visit Efficiency: Expedite information sharing through a customizable landing experience that includes patient onboarding and education materials

BASKING RIDGE, N.J., April 05, 2021 (GLOBE NEWSWIRE) — Verizon Business today announced BlueJeans Telehealth, a simple, smart and trusted way for providers and patients to conduct data-driven virtual care conversations. As healthcare organizations look to advance their telehealth practices post-pandemic by extending personalized care into the home, BlueJeans Telehealth gives healthcare providers and their care teams a new way to simply and securely connect with patients remotely.

According to the “The Future of Telehealth – Balancing Security and Ease of Use” white paper, healthcare organizations (81%) expect to see a greater investment in telehealth solutions over the next 2-3 years, with 85% of decision-makers identifying “ease of use” as a top-five driver in producing good outcomes from telehealth. While many hospitals and health clinics have adopted video conferencing services during the pandemic for providing patient care, BlueJeans Telehealth was designed from the ground up for healthcare organizations to simplify the virtual join and visit experience and offer greater access to care, provide more flexibility for providers and patients, improve safety and extend the reach of services available.

“While the use of telemedicine has been steadily growing for some time now, the pandemic has accelerated telehealth adoption and changed the conversation around what patient care will look like moving forward,” said Tami Erwin, CEO, Verizon Business. “We worked closely with an advisory board of health system clinicians and healthcare decision-makers to build BlueJeans Telehealth specifically to address the most pressing needs for a virtual-first telehealth offering–from ease of experience to enhanced security. Today’s launch is just the beginning for Verizon in what we see as the future of telehealth, especially when you consider the innovation that will come from 5G mobility, broadband and cloud capabilities.”

Experience working with healthcare providers during the pandemic was invaluable in informing what matters most in the delivery of world class virtual care. Penn Medicine is one institution that quickly leveraged telemedicine early in the COVID-19 pandemic to ensure continuity of care to patients while keeping both them as well as their workforce staff safe and healthy. “After rapidly mobilizing our staff and infrastructure in March 2020, we were able to scale to over one million televisits by February 2021,” said C. William Hanson III, MD, Chief Medical Information Officer for the University of Pennsylvania Health System. “It was essential that our patients be able to rely on us to continue their care in all settings, and innovating to offer them telemedicine and remote monitoring options was an essential part of maintaining our capacity to care during the pandemic.”

Simple

BlueJeans Telehealth delivers an intuitive experience for patients, providers and administrators. Using the device of their choice, patients can easily and quickly meet with their providers through their desktop or mobile browser or the BlueJeans app. BlueJeans with Dolby Voice Audio® provides high-quality audio, minimizing disruptions to the visit so patients and providers can communicate important clinical information clearly. Providers and administrators will also benefit from a streamlined experience, as visits are embedded directly within their existing Electronic Health Record (EHR) workflows.

To simplify administrations and reimbursements, licensing is based on a per-visit model, which allows for straightforward data capture and reporting—an important aspect considering 59% of survey respondents cited uncertainty about telehealth reimbursement as a top challenge for adoption and utilization moving forward. BlueJeans Telehealth licenses will also be available in a named host format.

Smart

The future of remote care is reliant on smart accessibility that will help doctors make speedier diagnoses and recommend effective treatments. The customizable patient landing experience of BlueJeans Telehealth reduces the monotony of the pre-visit “waiting room” time by including an optional pre-visit medical condition survey and onboarding materials for patients, with a library center that enables providers to customize patient education for patients logged in for a virtual visit. Furthermore, medical interpreter services through partners such as Voyce, AMN Language Services and LanguageLine Solutions will be available in 200+ languages, including sign language, in addition to transcription and closed captioning services for enhanced accessibility.

Trusted

Ranked as a top 5 post-pandemic “must have” for telehealth video conferencing solutions by survey respondents, security and privacy are built into the BlueJeans Telehealth platform—including Access Controls, Encryption, Privacy Checks, Locked Meetings, Fraud Detection, and Moderator Controls—to help protect healthcare organizations and patients. Additionally, BlueJeans Telehealth is HIPAA-ready and Verizon will sign HIPAA business associate agreements with its customers that address regulatory requirements regarding privacy and security.

“The benefits of digitizing healthcare practices have long been discussed on the clinical side as a way to make care more convenient and efficient for patients, but it wasn’t until the pandemic that we truly realized the way it could transform the patient-physician relationship,” said Scott D Boden, MD, Vice President for Business Innovation at Emory Healthcare. “The ability to offer virtual visits using tools like BlueJeans during this challenging time is not only helping to keep patients and practitioners like myself safe, it’s also providing a level of care that was previously missing. As we continue looking for new ways to tap into technology to drive better outcomes for our patients, it’s this personalization of care that will shape the future of healthcare.”

Resources:

• Read the full white paper “The Future of Telehealth – Balancing Security and Ease of Use” and click here to register for our Telehealth Webinar on Apr 07, 2021 at 01:00 PM CT.
• BlueJeans Telehealth will be generally available in May. To learn more visit: https://www.bluejeans.com/products/telehealth
• 
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  today’s news and follow BlueJeans on Twitter @BlueJeansNet

Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed on June 30, 2000 and is one of the world’s leading providers of technology, communications, information and entertainment products and services. Headquartered in New York City and with a presence around the world, Verizon generated revenues of $128.3 billion in 2020. The company offers data, video and voice services and solutions on its award-winning networks and platforms, delivering on customers’ demand for mobility, reliable network connectivity, security and control.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:

Erin Cheever
[email protected]

GREENWOOD VILLAGE, CO, April 05, 2021 (GLOBE NEWSWIRE) — via NewMediaWire – Pure Harvest Corporate Group, Inc. (OTCQB: PHCG), a publicly traded holding company focused on emerging and high-growth industries, is pleased to announce that its wholly owned subsidiary, Sofa King Medicinal Wellness Products, LLC, is launching a new website to support its line of SKM Extracts branded, premium cannabis products. 

The SKM Extracts brand is a continuation of the commitment to quality that was standard under the original Sofa King Medicinal Wellness Products company. Each product incorporates the hard work and dedication that has gone into the development of this brand since its inception in 2014, when recreational cannabis first went legal in Colorado. The initial product line includes wax, shatter, sauce, vaporizer cartridges, distillate, edibles, nanoparticle technologies, water-solubles, & CBD ratioed products. These fine SKM Extracts products are available in dispensaries across Colorado. The newly launched SKM Extracts website can be found at www.skmextracts.com. Products can further be viewed on Instagram at #skmextracts.

“The launch of the SKM Extracts website is a big step to boosting our presence in Colorado,” said Neale Gibbons, CEO of Pure Harvest Colorado. “We have spent decades developing these formulations and I’m excited to see the SKM name continue to thrive in this line of premium products, at our new home in the Pure Harvest family. We have always been known for our premium cannabis extracts and this product line allows us to showcase our best products under a familiar brand that already has a strong market presence in Colorado.”

The launch of the new website caps an exceptional month of sales for Pure Harvest Colorado, which continues to see robust month-over-month growth. March ’21 wholesale revenue increased more than 75% over February ‘21 sales figures. This extraordinary growth in sales in March contributed to a more than 30% increase in wholesale revenue between Q4 2020 to Q1 2021.  

“As we keep improving our marijuana operations in Colorado, we’re excited to continue growing the SKM Extracts brand of premium cannabis concentrates,” said Matthew Gregarek, CEO of Pure Harvest Corporate Group. “The SKM Extracts brand incorporates everything the staff at SKM has learned about making cannabis concentrates since they started producing them many years ago, which results in a product of exceptional quality. We’re thrilled to showcase the products under the SKM Extracts brand and we look forward to seeing how consumers react.” 

About Pure Harvest Corporate Group

Pure Harvest Corporate Group, Inc. (OTCQB: PHCG) is a publicly traded holding company focused on emerging and high-growth industries. The PHCG team is committed to formulating, manufacturing, and distributing high-quality cannabis and hemp derived cannabinoid consumer products in markets where it is legal to do so. The Company has developed numerous retail brands and product lines that are currently available for purchase in select markets. Pure Harvest intends to grow its marijuana, hemp derived cannabinoids, and research and development operations and expand globally as the laws regarding cannabis are reviewed and rewritten to repeal their prohibition. 

Additionally, the Company may from time to time disclose public material events via its website at http://www.PureHarvestGroup.com or its social media accounts at the following locations:

https://www.facebook.com/pureharvestgroup

https://www.linkedin.com/company/
49645278

https://twitter.com/PureHarvestCG

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, are subject to Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbors created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate. Future events and results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Company Contact:

Pure Harvest Corporate Group, Inc.

Sherry Andersen, Corporate Communications
[email protected]
Phone: 800-924-3716

AURORA, ONTARIO, April 05, 2021 (GLOBE NEWSWIRE) — Canadian licensed cannabis producer Sensi Brands Inc. (“Sensi Brands” or “SBI”) is pleased to announce the launch of an exciting new 24 pack of their top selling pre-roll brand, Station House, into Ontario Cannabis Store and Ontario retailers as a limited time offering. Retailers will now be able to offer their customers the newly unveiled 24 pre-roll multi-packs — a first for Ontario’s recreational cannabis market.

“Our signature multi-packs have been integral to the success of the Station House brand,” says Sensi Brands CEO Tony Giorgi. “The launch of the Mandarin Cookies 24-pack comes part-and-parcel with the superior product design for which Sensi Brands is known, and falls in line with our constantly evolving understanding of consumer habits. The value-laden 24-pack is simply a continuation of this—we’re extremely proud to offer it to retailers and cannabis consumers alike.” 

Every 24-pack contains two signature Station House 12-packs in a recyclable paper box. Station House’s signature pre-roll multi-packs include pre-roll trays and humidity devices inside a travel-friendly hard case to ensure optimal product integrity. 

The new Mandarin Cookies variety, with a THC potency of 18-20%, complements a Station House pre-roll portfolio that already includes top sellers such as the sativa dominant Amnesia Haze and Blue Dream, as well as the indica dominant OG Kush. Mandarin Cookies is an indica dominant strain that comes as a cross between Forum Cut Cookies and Mandarin Sunset. It offers consumers aromas of sweet citrus with hints of gassy diesel. The suggested retailer MSRP for the 24-pack is CAD$93.95, which translates to $3.91/joint or $7.83/gram for the end user.

The limited edition Mandarin Cookies 24-pack will be available to Ontario-based retailers beginning April 5th, on buy sheets and via OCS.ca, and is expected to be on shelves for consumers shortly thereafter. 

Adds Giorgi: “As consumer habits shift towards bulk-based buying and consumption, our 24-packs are leading the way in covering the product gaps that exist in the pre-roll category. We believe that the 24-pack will quickly go from a limited time to a regular offering as consumers continue to shift towards value and convenience. We have more exciting plans in the works for Station House, both in pre-rolls and other formats, that we will announce in due course. This year promises to be an exciting one for Station House.” 

Station House pre-rolls are all machine-rolled and hand-finished for an even and consistent burn at SBI’s licensed state-of-the-art St. Thomas, Ontario facility. The Station House brand, its namesake a nod to its St. Thomas hometown, has quickly attained consistent Top 5 status at OCS, currently sitting at #4 in total Year-To-Date 2021 pre-roll sales in the fast-growing pre-roll category. 

For more information, visit www.stationhouse.ca

About Sensi Brands Inc.

Sensi Brands Inc. (SBI) is a Canadian licensed cannabis cultivation and consumer packaged goods company producing and distributing a broad range of quality cannabis products and services. Led by an experienced and successful management team, SBI operates four lines of business servicing the domestic and global cannabis industry including: wholesale product distribution, automated processing and co-packaging services, a consumer brands portfolio, and a full-service medical cannabis clinic.

CAUTIONARY STATEMENT: Certain statements contained in this Press Release constitute forward-looking statements or information (collectively “forward-looking statements”) within the meaning of the “safe harbour” provisions of applicable securities legislation. Such statements reflect the company’s current views with respect to future events and are subject to inherent risks, uncertainties and numerous assumptions. Accordingly, readers are cautioned not to place undue reliance on forward-looking statements or interpret or regard forward-looking statements as guarantees of future outcomes. The forward-looking statements contained in this Press Release speak only as of the date of this Press Release. Except as expressly required by applicable securities laws, the company does not undertake any obligation to publicly update or revise any forward-looking statements. The forward-looking statements contained in this Press Release are expressly qualified by this cautionary statement.

Attachments

• Station-House-24-Pack-Mandarin-Cookies-Pre-Rolls
• Station-House-Pre-Rolls-Composite

Tony Kwon
Sensi Brands Inc.
647-804-4262
[email protected]